Orange County Bancorp (OBT) 10-Q 11 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 08, 2022
Document and Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Entity File Number	001-40711
Entity Registrant Name	Orange County Bancorp, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-1135778
Entity Address, Address Line One	212 Dolson Avenue
Entity Address, City or Town	Middletown
Entity Address State Or Province	NY
Entity Address, Postal Zip Code	10940
City Area Code	845
Local Phone Number	341-5000
Title of 12(b) Security	Common Stock, par value $0.50 per share
Trading Symbol	OBT
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,635,519
Entity Central Index Key	0001754226
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 271,445	$ 306,179
Investment securities - available-for-sale	561,663	464,797
Restricted investment in bank stocks	3,063	2,217
Loans	1,471,728	1,291,428
Allowance for loan losses	(23,642)	(17,661)
Loans, net	1,448,086	1,273,767
Premises and equipment, net	14,279	14,601
Accrued interest receivable	6,947	6,643
Bank owned life insurance	39,982	39,513
Goodwill	5,359	5,359
Intangible assets	1,535	1,678
Other assets	39,690	27,829
TOTAL ASSETS	2,392,049	2,142,583
Deposits:
Noninterest bearing	791,778	701,645
Interest bearing	1,411,670	1,212,739
Total deposits	2,203,448	1,914,384
Note payable	3,000	3,000
Subordinated notes, net of issuance costs	19,413	19,376
Accrued expenses and other liabilities	20,465	22,987
TOTAL LIABILITIES	2,246,326	1,959,747
STOCKHOLDERS' EQUITY
Common stock, $0.50 par value; 15,000,000 shares authorized; 5,683,304 issued; 5,635,519 and 5,637,376 outstanding, at June 30, 2022 and December 31, 2021, respectively	2,842	2,842
Surplus	119,946	119,825
Retained Earnings	70,131	64,941
Accumulated other comprehensive income (loss), net of taxes	(45,761)	(3,443)
Treasury stock, at cost; 47,785 and 45,928 shares at June 30, 2022 and December 31, 2021, respectively	(1,435)	(1,329)
TOTAL STOCKHOLDERS' EQUITY	145,723	182,836
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,392,049	$ 2,142,583

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF CONDITION
Common stock, Par value (in dollars per share)	$ 0.50	$ 0.50
Common stock, Authorized (in shares)	15,000,000	15,000,000
Common stock, Issued (in shares)	5,683,304	5,683,304
Common stock, Outstanding (in shares)	5,635,519	5,637,376
Treasury stock (in shares)	47,785	45,928

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
INTEREST INCOME
Interest and fees on loans	$ 15,200	$ 14,033	$ 30,206	$ 27,261
Interest on investment securities:
Taxable	2,249	1,156	3,887	2,284
Tax exempt	553	408	1,034	771
Interest on Federal funds sold and other	482	61	627	104
TOTAL INTEREST INCOME	18,484	15,658	35,754	30,420
INTEREST EXPENSE
Savings and NOW accounts	651	617	1,221	1,209
Time deposits	51	137	139	295
Note payable	42	42	84	84
Subordinated notes	231	230	462	460
TOTAL INTEREST EXPENSE	975	1,026	1,906	2,048
NET INTEREST INCOME	17,509	14,632	33,848	28,372
Provision for loan losses	5,510	809	6,433	875
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	11,999	13,823	27,415	27,497
NONINTEREST INCOME
Service charges on deposit accounts	161	158	329	333
Trust income	1,223	1,184	2,393	2,307
Investment advisory income	1,099	1,235	2,300	2,411
Earnings on bank owned life insurance	236	173	469	344
Other(b)	258	278	491	524
TOTAL NONINTEREST INCOME	2,977	3,028	5,982	5,919
NONINTEREST EXPENSE
Salaries	5,499	4,726	10,768	9,273
Employee benefits	1,374	876	2,775	2,002
Occupancy expense	1,105	967	2,328	1,932
Professional fees	1,240	1,023	2,119	1,930
Directors' fees and expenses	160	252	505	494
Computer software expense	1,238	1,032	2,353	2,090
FDIC assessment	313	267	622	555
Advertising expenses	564	285	755	568
Advisor expenses related to trust income	20	140	158	261
Telephone expenses	138	136	313	270
Intangible amortization	71	71	143	142
Other	744	626	1,448	1,199
TOTAL NONINTEREST EXPENSE	12,466	10,401	24,287	20,716
Income before income taxes	2,510	6,450	9,110	12,700
Provision for income taxes	400	1,257	1,670	2,482
NET INCOME	$ 2,110	$ 5,193	$ 7,440	$ 10,218
Basic earnings per share (in dollars per share)	$ 0.38	$ 1.16	$ 1.32	$ 2.28
Diluted earnings per share (in dollars per share)	$ 0.38	$ 1.16	$ 1.32	$ 2.28
Weighted average shares outstanding, Basic (in shares)	5,618,296	4,488,602	5,618,232	4,485,886
Weighted average shares outstanding, Diluted (in shares)	5,618,296	4,488,602	5,618,232	4,485,886

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net Income	$ 2,110	$ 5,193	$ 7,440	$ 10,218
Unrealized gains/losses on securities:
Unrealized holding gains/(losses) arising during the period	(25,460)	1,817	(54,060)	(3,722)
Tax effect	(5,346)	381	(11,352)	(782)
Net of tax	(20,114)	1,436	(42,708)	(2,940)
Defined benefit pension plans:
Net gain arising during the period	240		480
Reclassification adjustment for amortization of prior service cost and net gains included in net periodic pension cost	(7)	14	(14)	14
Tax effect	49	3	98	3
Net of tax	198	11	396	11
Deferred compensation liability:
Unrealized loss	(4)	(5)	(7)	(8)
Tax effect	(1)	(1)	(1)	(2)
Net of tax	(3)	(4)	(6)	(6)
Total other comprehensive income/(loss)	(19,919)	1,443	(42,318)	(2,935)
Total comprehensive income	$ (17,809)	$ 6,636	$ (34,878)	$ 7,283

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Surplus	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total
Beginning balance at Dec. 31, 2020	$ 2,266	$ 85,111	$ 47,683	$ 1,819	$ (1,456)	$ 135,423
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income			10,218			10,218
Other comprehensive (loss) income, net of taxes				(2,935)		(2,935)
Cash dividends declared			(1,783)			(1,783)
Issue of restricted stock		(436)			436
Treasury stock purchased					(343)	(343)
Restricted stock expense		262				262
Stock-based compensation		(1)			70	69
Ending balance at Jun. 30, 2021	2,266	84,936	56,118	(1,116)	(1,293)	140,911
Beginning balance at Mar. 31, 2021	2,266	84,774	51,818	(2,559)	(1,218)	135,081
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income			5,193			5,193
Other comprehensive (loss) income, net of taxes				1,443		1,443
Cash dividends declared			(893)			(893)
Treasury stock purchased					(75)	(75)
Restricted stock expense		162				162
Ending balance at Jun. 30, 2021	2,266	84,936	56,118	(1,116)	(1,293)	140,911
Beginning balance at Dec. 31, 2021	2,842	119,825	64,941	(3,443)	(1,329)	182,836
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income			7,440			7,440
Other comprehensive (loss) income, net of taxes				(42,318)		(42,318)
Cash dividends declared			(2,250)			(2,250)
Treasury stock purchased					(189)	(189)
Restricted stock expense		100				100
Stock-based compensation		21			83	104
Ending balance at Jun. 30, 2022	2,842	119,946	70,131	(45,761)	(1,435)	145,723
Beginning balance at Mar. 31, 2022	2,842	119,900	69,146	(25,842)	(1,497)	164,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income			2,110			2,110
Other comprehensive (loss) income, net of taxes				(19,919)		(19,919)
Cash dividends declared			(1,125)			(1,125)
Restricted stock expense		33				33
Stock-based compensation		13			62	75
Ending balance at Jun. 30, 2022	$ 2,842	$ 119,946	$ 70,131	$ (45,761)	$ (1,435)	$ 145,723

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
Cash dividends declared per share	$ 0.20	$ 0.20	$ 0.40	$ 0.40
Restricted stock issued (in shares)				15,162
Treasury stock purchased (in shares)		2,536	4,617	12,231
Stock-based compensation (in shares)	2,060		2,760	2,404

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net income	$ 7,440	$ 10,218
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	6,433	875
Depreciation	738	657
Accretion on loans	(1,998)	(2,453)
Amortization of intangibles	143	142
Amortization of subordinated notes issuance costs	37	35
Restricted stock expense	100	262
Stock-based compensation	104	69
Net amortization of investment premiums	898	1,104
Earnings on bank owned life insurance	(469)	(344)
Net change in:
Accrued interest receivable	(304)	(795)
Other assets	(115)	(1,950)
Other liabilities	(2,529)	(603)
Net cash from operating activities	10,478	7,217
Cash flows from investing activities
Purchases of investment securities available-for-sale	(189,934)	(124,635)
Proceeds from sales and paydowns of investment securities available-for-sale	33,622	52,299
Proceeds from maturities and calls of investment securities available-for-sale	4,490	19,877
(Purchase) proceeds of restricted investment in bank stocks	(870)	(662)
Proceeds from redemptions of restricted investment in bank stocks	24	2
Loans purchased		(3,025)
Net increase in loans	(178,753)	(128,667)
Additions to premises and equipment	(416)	(764)
Purchase of bank owned life insurance		(200)
Net cash used by investing activities	(331,837)	(185,775)
Cash flows from financing activities
Net increase in deposits	289,064	382,371
Cash dividends paid	(2,250)	(1,783)
Purchases of treasury stock	(189)	(343)
Net cash from financing activities	286,625	380,245
Net change in cash and cash equivalents	(34,734)	201,687
Beginning cash and cash equivalents	306,179	121,232
Ending cash and cash equivalents	271,445	322,919
Supplemental cash flow information:
Interest paid	1,909	2,064
Income taxes paid	4,056	2,132
Supplemental noncash disclosures:
Lease liabilities arising from obtaining right-of-use assets	$ 2,706	$ 2,840

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Nature of Operations and Summary of Significant Accounting Policies
Nature of Operations and Summary of Significant Accounting Policies	Note 1 — Nature of Operations and Summary of Significant Accounting Policies Nature of Operations and Principles of Consolidation: The Company provides commercial and consumer banking services to individuals, small businesses and local municipal governments as well as trust and investment services through the Bank and HVIA. The Company is headquartered in Middletown, New York, with eight locations in Orange County, New York, seven in Westchester County, New York, two in Rockland County, New York, and one in Bronx County, New York. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are commercial real estate, commercial and residential mortgage loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from operations of businesses. There are no significant concentrations of loans to any one industry or customer. However, the customers’ ability to repay their loans is dependent on the real estate and general economic conditions in the areas in which they operate. Assets held by the Company in an agency or fiduciary capacity for its customers are excluded from the consolidated financial statements since they do not constitute assets of the Company. Assets held by the Company in an agency or fiduciary capacity for its customers amounted to $1,150,156 and $1,325,894 at June 30, 2022 and December 31, 2021, respectively. Certain information and footnote disclosures normally included in the audited consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2021 for Orange County Bancorp, Inc. contained in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 30, 2022. In the opinion of the management of the Company, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting solely of normal and recurring accruals) necessary to present fairly the financial position as of June 30, 2022, the results of operations, comprehensive income/(loss), changes in stockholders’ equity for the three and six months ended June 30, 2022 and 2021 and cash flow statements for the six months ended June 30, 2022 and 2021. The results of operations for any interim period are not necessarily indicative of the results that may be expected for the full year or for any future period. Certain reclassifications have been made to the financial statements to conform with prior period presentations. Use of Estimates: Recent Accounting Pronouncements ​ In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, Financial Instruments — Credit Losses Topic 326: Measurement of Credit Losses on Financial Instruments. The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. In November 2019, the FASB adopted changes to delay the effective date of ASU 2016-13 to January 2023 for certain entities, including certain Securities and Exchange Commission filers, public business entities, and private companies. As a result, the Company is eligible for the delay and will adopt the ASU effective January 1, 2023. The Company is currently working with a third-party vendor in the development of certain methodologies and modeling techniques that will be implemented to accommodate this adoption. It is expected that the modeling of the new accounting standard will be run in parallel with the Company’s current incurred loss methodology throughout 2022 in an effort to evaluate and inform the potential impact the adoption of ASU 2016-13 will have on its consolidated financial statements and results of operations.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investment Securities
Investment Securities	Note 2 — Investment Securities The amortized cost and fair value of investment securities at June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair ​ ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 110,697 ​ $ 60 ​ $ (7,145) ​ $ 103,612 Mortgage-backed securities ​ 369,720 ​ — ​ (33,768) ​ ​ 335,952 Corporate Securities ​ 24,070 ​ — ​ (1,134) ​ ​ 22,936 Obligations of states and political subdivisions ​ 112,592 ​ 73 ​ (13,502) ​ ​ 99,163 Total debt securities ​ $ 617,079 ​ $ 133 ​ $ (55,549) ​ $ 561,663 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair ​ ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies $ 80,596 $ 440 $ (1,330) $ 79,706 Mortgage-backed securities ​ 272,931 ​ 1,285 ​ (3,784) ​ 270,432 Corporate Securities ​ ​ 20,081 ​ ​ 278 ​ ​ (148) ​ ​ 20,211 Obligations of states and political subdivisions ​ 92,545 ​ 2,149 ​ (246) ​ 94,448 Total debt securities $ 466,153 $ 4,152 $ (5,508) $ 464,797 ​ There were no proceeds from sales of securities and associated gains and losses for the three and six months ended June 30, 2022 and 2021. The amortized cost and fair value of debt securities as of June 30, 2022 are shown below by contractual maturity. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. ​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale ​ ​ Amortized ​ Fair ​ ​ Cost ​ Value Due in one year or less ​ $ 4,096 ​ $ 4,107 Due after one through five years ​ 26,347 ​ 25,935 Due after five through ten years ​ 68,796 ​ 63,510 Due after ten years ​ 148,120 ​ 132,159 ​ ​ 247,359 ​ 225,711 Mortgage-backed securities ​ 369,720 ​ 335,952 Total debt securities ​ $ 617,079 ​ $ 561,663 ​ Securities pledged at June 30, 2022 and December 31, 2021 had a carrying amount of $374,620 and $233,907 and were pledged to secure public deposits. At June 30, 2022 and December 31, 2021, there were no holdings of securities of any one issuer, other than the US Government and its agencies, in an amount greater than 10% of stockholders’ equity. The following tables summarize securities with unrealized and unrecognized losses at June 30, 2022 and December 31, 2021, aggregated by major security types and length of time in continuous loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 Months ​ 12 Months or More ​ Total ​ ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses Available-for-sale June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 39,817 ​ $ (3,277) ​ $ 26,540 ​ $ (3,868) ​ $ 66,357 ​ $ (7,145) Mortgage-backed securities ​ 287,003 ​ (27,386) ​ 39,102 ​ (6,382) ​ 326,105 ​ (33,768) Corporate Securities ​ 18,936 ​ (1,134) ​ — ​ ​ — ​ ​ 18,936 ​ (1,134) Obligations of states and political subdivisions ​ 79,725 ​ (12,985) ​ 2,888 ​ (517) ​ 82,613 ​ (13,502) Total debt securities ​ $ 425,481 ​ $ (44,782) ​ $ 68,530 ​ $ (10,767) ​ $ 494,011 ​ $ (55,549) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 Months ​ 12 Months or More ​ Total ​ ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses Available-for-sale December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 10,337 ​ $ (121) ​ $ 32,210 ​ $ (1,209) ​ $ 42,547 ​ $ (1,330) Mortgage-backed securities ​ 177,506 ​ (3,273) ​ 14,134 ​ (511) ​ 191,640 ​ (3,784) Corporate Securities ​ ​ 9,354 ​ ​ (148) ​ ​ — ​ ​ — ​ ​ 9,354 ​ ​ (148) Obligations of states and political subdivisions ​ 13,349 ​ (138) ​ 3,298 ​ (108) ​ 16,647 ​ (246) Total debt securities ​ $ 210,546 ​ $ (3,680) ​ $ 49,642 ​ $ (1,828) ​ $ 260,188 ​ $ (5,508) ​ There was no other than temporary impairment loss recognized on any securities at June 30, 2022 or December 31, 2021. As of June 30, 2022, the Company’s securities portfolio consisted of 295 securities, 229 of which were in an unrealized loss position. As of December 31, 2021, the Company’s securities portfolio consisted of 252 securities, 78 of which were in an unrealized loss position. Unrealized losses are primarily related to the Company’s mortgage backed securities, U.S. government agency securities, and investments in obligations of states and political subdivisions as discussed below. At June 30, 2022, mortgage-backed securities held by the Company were issued by U.S. government sponsored entities and agencies. Because the decline in fair value is attributable to changes in interest rates and illiquidity, and not credit quality, and because the Company does not have the intent to sell these securities, and it is likely that it will not be required to sell the securities before their anticipated recovery, the Company does not consider these securities to be other than temporarily impaired at June 30, 2022. The Company’s unrealized losses on U.S. government agency securities relate primarily to its investment in Small Business Administration (“SBA”) issued securities. Because the decline in fair value is attributable to changes in interest rates and illiquidity, and not credit quality, and because the Company does not have the intent to sell these securities, and it is likely that it will not be required to sell the securities before their anticipated recovery, the Company does not consider these securities to be other than temporarily impaired at June 30, 2022. At June 30, 2022, the Company’s unrealized loss on obligations of state and political subdivisions was related to the decline in fair value. The fair value decline is driven by interest rate impact and not credit quality. The Company does not have the intent to sell these securities and it is likely that the Company will not be required to sell the securities before their anticipated recovery. Accordingly, the Company does not consider these securities to be other than temporarily impaired at June 30, 2022.

Loans

Loans	6 Months Ended
	Jun. 30, 2022
Loans
Loans	Note 3 — Loans Loans at June 30, 2022 and December 31, 2021 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ December 31, 2021 ​ Commercial and industrial ​ $ 273,464 ​ $ 268,508 ​ Commercial real estate ​ 986,032 ​ 852,707 ​ Commercial real estate construction ​ 113,475 ​ 72,250 ​ Residential real estate ​ 68,529 ​ 65,248 ​ Home equity ​ 12,782 ​ 13,638 ​ Consumer ​ 17,446 ​ 19,077 ​ Total ​ $ 1,471,728 ​ $ 1,291,428 ​ ​ Included in commercial and industrial loans as of June 30, 2022 and December 31, 2021 were loans issued under the SBA’s Paycheck Protection Program (“PPP”) of $9,042 and $38,114, respectively. The following tables present the activity in the allowance for loan losses by portfolio segment for each of the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,408 ​ $ 11,073 ​ $ 1,296 ​ $ 294 ​ $ 69 ​ $ 287 ​ $ 18,427 Provision for loan losses ​ 3,944 ​ ​ 1,230 ​ ​ 22 ​ ​ 56 ​ ​ (1) ​ ​ 259 ​ 5,510 Charge-offs ​ (29) ​ ​ — ​ ​ — ​ ​ (51) ​ ​ — ​ ​ (260) ​ (340) Recoveries ​ 9 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 36 ​ 45 Ending balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2022 ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,901 ​ $ 11,183 ​ $ 964 ​ $ 272 ​ $ 80 ​ $ 261 ​ $ 17,661 Provision for loan losses ​ 4,492 ​ ​ 1,120 ​ ​ 354 ​ ​ 78 ​ ​ (12) ​ ​ 401 ​ 6,433 Charge-offs ​ (76) ​ ​ — ​ ​ — ​ ​ (51) ​ ​ — ​ ​ (380) ​ (507) Recoveries ​ 15 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 40 ​ 55 Ending balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ ​ Commercial ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,015 ​ ​ 9,545 ​ ​ 1,002 ​ ​ 346 ​ ​ 65 ​ ​ 310 ​ $ 16,283 Provision for loan losses ​ ​ (72) ​ ​ 1,039 ​ ​ (54) ​ ​ (45) ​ ​ (5) ​ ​ (54) ​ 809 Charge-offs ​ ​ (89) ​ ​ (60) ​ ​ — ​ ​ — ​ ​ — ​ ​ (2) ​ (151) Recoveries ​ 92 ​ ​ 12 ​ ​ — ​ ​ ​ ​ ​ — ​ ​ 4 ​ 108 Ending balance ​ $ 4,946 ​ $ 10,536 ​ $ 948 ​ $ 301 ​ $ 60 ​ $ 258 ​ $ 17,049 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2021 ​ ​ Commercial ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,795 ​ $ 9,782 ​ $ 801 ​ $ 381 ​ $ 77 ​ $ 336 ​ $ 16,172 Provision for loan losses ​ 77 ​ 844 ​ 147 ​ (80) ​ (17) ​ (96) ​ 875 Charge-offs ​ (105) ​ (103) ​ ​ — ​ — ​ — ​ (7) ​ (215) Recoveries ​ 179 ​ 13 ​ — ​ — ​ — ​ 25 ​ 217 Ending balance ​ $ 4,946 ​ $ 10,536 ​ $ 948 ​ $ 301 ​ $ 60 ​ $ 258 ​ $ 17,049 ​ ​ ​ The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 4,985 ​ $ 426 ​ $ — ​ $ — ​ $ — ​ $ 22 ​ $ 5,433 collectively evaluated for impairment ​ 4,347 ​ 11,877 ​ 1,318 ​ 299 ​ 68 ​ 300 ​ 18,209 Total ending allowance balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 14,800 ​ $ 23,404 ​ $ — ​ $ 1,809 ​ $ 55 ​ $ 109 ​ $ 40,177 collectively evaluated for impairment ​ 258,664 ​ 962,628 ​ 113,475 ​ 66,720 ​ 12,727 ​ 17,337 ​ 1,431,551 Total ending loans balance ​ $ 273,464 ​ $ 986,032 ​ $ 113,475 ​ $ 68,529 ​ $ 12,782 ​ $ 17,446 ​ $ 1,471,728 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 137 ​ $ 1,272 ​ $ — ​ $ — ​ $ — ​ $ 24 ​ $ 1,433 collectively evaluated for impairment ​ 4,764 ​ 9,911 ​ 964 ​ 272 ​ 80 ​ 237 ​ 16,228 Total ending allowance balance ​ $ 4,901 ​ $ 11,183 ​ $ 964 ​ $ 272 ​ $ 80 ​ $ 261 ​ $ 17,661 Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 952 ​ $ 23,523 ​ $ — ​ $ 1,227 ​ $ 50 ​ $ 114 ​ $ 25,866 collectively evaluated for impairment ​ 267,556 ​ 829,184 ​ 72,250 ​ 64,021 ​ 13,588 ​ 18,963 ​ 1,265,562 Total ending loans balance ​ $ 268,508 ​ $ 852,707 ​ $ 72,250 ​ $ 65,248 ​ $ 13,638 ​ $ 19,077 ​ $ 1,291,428 ​ Included in the commercial and industrial loans collectively evaluated for impairment are PPP loans of $9,042 and $38,114 as of June 30, 2022 and December 31, 2021, respectively. PPP loans receivable are guaranteed by the SBA and have no allocation in the allowance for loan losses. The following tables present loans individually evaluated for impairment recognized by class of loans as of June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ Allowance for ​ ​ Principal ​ Recorded ​ Loan Losses ​ ​ Balance ​ Investment ​ Allocated June 30, 2022 ​ ​ ​ With no related allowance recorded ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — Commercial real estate ​ 18,136 ​ 17,644 ​ — Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 1,821 ​ 1,809 ​ — Home equity ​ 57 ​ 55 ​ — Consumer ​ — ​ — ​ — Total ​ $ 20,014 ​ $ 19,508 ​ $ — With an allowance recorded: ​ ​ ​ Commercial and industrial ​ $ 14,800 ​ $ 14,800 ​ $ 4,985 Commercial real estate ​ 5,760 ​ 5,760 ​ 426 Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ — ​ — ​ — Home equity ​ — ​ — ​ — Consumer ​ 109 ​ 109 ​ 22 Total ​ $ 20,669 ​ $ 20,669 ​ $ 5,433 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ Allowance for ​ ​ Principal ​ Recorded ​ Loan Losses ​ ​ Balance ​ Investment ​ Allocated December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded ​ ​ ​ Commercial and industrial ​ $ 1 ​ $ 1 ​ $ — Commercial real estate ​ 14,291 ​ 13,953 ​ — Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 1,155 ​ 1,155 ​ — Home equity ​ 50 ​ 50 ​ — Consumer ​ — ​ — ​ — Total ​ $ 15,497 ​ $ 15,159 ​ $ — With an allowance recorded: ​ ​ ​ Commercial and industrial ​ $ 951 ​ $ 951 ​ $ 137 Commercial real estate ​ 9,593 ​ 9,570 ​ 1,272 Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 84 ​ 72 ​ — Home equity ​ — ​ — ​ — Consumer ​ 114 ​ 114 ​ 24 Total ​ $ 10,742 ​ $ 10,707 ​ $ 1,433 ​ The following tables present the average recorded investment and interest income of loans individually evaluated for impairment recognized by class of loans for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Three Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ ​ Average ​ Interest ​ Average ​ Interest ​ ​ Recorded ​ Income ​ Recorded ​ Income ​ ​ Investment ​ Recognized (1) ​ Investment ​ Recognized (1) With no related allowance recorded ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ 330 ​ $ 4 Commercial real estate ​ 17,743 ​ 159 ​ 9,186 ​ 108 Commercial real estate construction ​ 578 ​ — ​ 578 ​ — Residential real estate ​ 1,291 ​ 13 ​ 594 ​ 8 Home equity ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — Total ​ $ 19,612 ​ $ 172 ​ $ 10,688 ​ $ 120 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 20,334 ​ $ 93 ​ $ 2,928 ​ $ 40 Commercial real estate ​ 334 ​ — ​ 16,499 ​ 198 Commercial real estate construction ​ — ​ — ​ — ​ — Residential real estate ​ — ​ — ​ 76 ​ — Home equity ​ — ​ — ​ — ​ — Consumer ​ 110 ​ 1 ​ 121 ​ 2 Total ​ $ 20,778 ​ $ 94 ​ $ 19,624 ​ $ 240 (1) Cash basis interest income approximates interest income recognized. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended Six Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ ​ Average ​ Interest ​ Average ​ Interest ​ ​ Recorded ​ Income ​ Recorded ​ Income ​ ​ Investment ​ Recognized (1) ​ Investment ​ Recognized (1) With no related allowance recorded ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ 335 ​ $ 9 Commercial real estate ​ 16,242 ​ ​ 160 ​ ​ 9,228 ​ ​ 216 Commercial real estate construction ​ 578 ​ ​ — ​ ​ 578 ​ ​ — Residential real estate ​ 998 ​ ​ 11 ​ ​ 596 ​ ​ 16 Home equity ​ — ​ ​ — ​ ​ — ​ ​ — Consumer ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 17,818 ​ $ 171 ​ $ 10,737 ​ $ 241 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 10,833 ​ $ 60 ​ $ 3,023 ​ $ 83 Commercial real estate ​ 4,523 ​ ​ 41 ​ ​ 16,524 ​ ​ 396 Commercial real estate construction ​ — ​ ​ — ​ ​ — ​ ​ — Residential real estate ​ — ​ ​ — ​ ​ 77 ​ ​ — Home equity ​ — ​ ​ — ​ ​ — ​ ​ — Consumer ​ 112 ​ ​ 1 ​ ​ 122 ​ ​ 3 Total ​ $ 15,468 ​ $ 102 ​ $ 19,746 ​ $ 482 (1) Cash basis interest income approximates interest income recognized. ​ The following table presents the recorded investment in non-accrual and loans past due over 90 days still on accrual by class of loans as of June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans Past Due Over 90 Days ​ ​ ​ Non-accrual ​ Still Accruing ​ ​ June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 ​ Commercial and industrial ​ $ 14,167 ​ $ — ​ $ 1,114 ​ $ 720 ​ Commercial real estate ​ 4,055 ​ 3,928 ​ — ​ 465 ​ Commercial real estate construction ​ — ​ — ​ — ​ — ​ Residential real estate ​ 601 ​ 578 ​ — ​ — ​ Home equity ​ 55 ​ 50 ​ — ​ — ​ Consumer ​ — ​ 4 ​ 453 ​ 208 ​ Total ​ $ 18,878 ​ $ 4,560 ​ $ 1,567 ​ $ 1,393 ​ ​ The following tables present the aging of the recorded investment in past-due loans as of June 30, 2022 and December 31, 2021 by class of loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days 60-89 Days Greater Than Total Loans ​ ​ Past Due ​ Past Due ​ 90 Days ​ Past Due ​ Not Past Due June 30, 2022 ​ ​ ​ ​ ​ Commercial and industrial ​ $ 252 ​ $ 1,264 ​ $ 1,614 ​ $ 3,130 ​ $ 270,334 Commercial real estate ​ 1,112 ​ — ​ 697 ​ 1,809 ​ 984,223 Commercial real estate construction ​ — ​ — ​ — ​ — ​ 113,475 Residential real estate ​ — ​ 568 ​ 578 ​ 1,146 ​ 67,383 Home equity ​ — ​ — ​ — ​ — ​ 12,782 Consumer ​ 98 ​ 181 ​ 453 ​ 732 ​ 16,714 Total ​ $ 1,462 ​ $ 2,013 ​ $ 3,342 ​ $ 6,817 ​ $ 1,464,911 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days 60-89 Days Greater Than Total Loans ​ ​ Past Due ​ Past Due ​ 90 Days ​ Past Due ​ Not Past Due December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 541 ​ $ 1,519 ​ $ 720 ​ $ 2,780 ​ $ 265,728 Commercial real estate ​ — ​ 2,873 ​ 1,161 ​ 4,034 ​ 848,673 Commercial real estate construction ​ — ​ — ​ — ​ — ​ 72,250 Residential real estate ​ 26 ​ — ​ 578 ​ 604 ​ 64,644 Home equity ​ — ​ 58 ​ 50 ​ 108 ​ 13,530 Consumer ​ 1,134 ​ 292 ​ 212 ​ 1,638 ​ 17,439 Total ​ $ 1,701 ​ $ 4,742 ​ $ 2,721 ​ $ 9,164 ​ $ 1,282,264 ​ As of June 30, 2022 and December 31, 2021, loans in the process of foreclosure were $2,572 and $2,024 respectively, of which $1,125 and $578 were secured by residential real estate. As of June 30, 2022 and December 31, 2021, the Company has a recorded investment in troubled debt restructurings (“TDRs”) of $14,296 and $14,500 respectively. The Company has allocated $318 and $687 of specific allowance for these loans at June 30, 2022 and December 31, 2021, respectively, and there were no commitments to lend additional funds to borrowers whose loans were classified as TDRs. There were no restructured loans that defaulted within the three or six months ended June 30, 2022 and June 30, 2021. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. There were no loans whose terms were modified resulting in TDRs during the three and six months ended June 30, 2022 and June 30, 2021. The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis includes loans with an outstanding balance greater than $350 and non-homogeneous loans, such as commercial and commercial real estate loans. This analysis is performed on an annual basis. The Company uses the following definitions for risk ratings: Special Mention: Substandard: Doubtful: Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass-rated loans. Based on the analysis performed as of June 30, 2022 and December 31, 2021, the risk category of loans by class of loans is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ Loss ​ Total June 30, 2022 ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 258,020 ​ $ 644 ​ $ 1,155 ​ $ 13,645 ​ $ — ​ $ 273,464 Commercial real estate ​ 964,201 ​ 5,700 ​ 16,131 ​ — ​ — ​ 986,032 Commercial real estate construction ​ 113,475 ​ — ​ — ​ — ​ — ​ 113,475 Residential real estate ​ 66,789 ​ — ​ 1,740 ​ — ​ — ​ 68,529 Home equity ​ 12,727 ​ — ​ 55 ​ — ​ — ​ 12,782 Consumer ​ 17,337 ​ — ​ 109 ​ — ​ — ​ 17,446 Total ​ $ 1,432,549 ​ $ 6,344 ​ $ 19,190 ​ $ 13,645 ​ $ — ​ $ 1,471,728 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ Loss ​ Total December 31, 2021 ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 252,268 ​ $ 4,156 ​ $ 12,084 ​ $ — ​ $ — ​ $ 268,508 Commercial real estate ​ 835,787 ​ 679 ​ 16,241 ​ — ​ — ​ 852,707 Commercial real estate construction ​ 72,250 ​ — ​ — ​ — ​ — ​ 72,250 Residential real estate ​ 64,094 ​ — ​ 1,154 ​ — ​ — ​ 65,248 Home equity ​ 13,588 ​ 50 ​ — ​ — ​ — ​ 13,638 Consumer ​ 18,963 ​ — ​ 114 ​ — ​ — ​ 19,077 Total ​ $ 1,256,950 ​ $ 4,885 ​ $ 29,593 ​ $ — ​ $ — ​ $ 1,291,428 ​ Loans to certain directors and principal officers of the Company, including their immediate families and companies in which they are affiliated, amounted to $11,866 and $5,076 at June 30, 2022 and December 31, 2021, respectively.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2022
Fair Value
Fair Value	Note 4 — Fair Value Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 Level Level 3 The Company used the following methods and significant assumptions to estimate fair value: Investment Securities: Impaired Loans and Other Real Estate Owned: Appraisals are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by a third-party appraisal management company that the Company has engaged in accordance with internal vendor management policies and approval of the Company’s Board of Directors. Once received, the appraisal review function is conducted by the appraisal management company and consists of a review of the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Through this review, the appraisal management company evaluates the validity of the appraised value and the strength of the conclusions; which are subsequently confirmed by a member of the Credit Department. Discounts to the appraised value are then applied to recognize the carrying costs incurred until disposition, realtor fees, deterioration in the quality of the asset, and the age of the appraisal. The net effect of these adjustments were included in the charge-off to the allowance upon acquisition of the foreclosed property and/or upon partial charge-off of the impaired loan. The most recent analysis of property appraisals including the appropriate discount rates are incorporated into the allowance methodology for the respective loan portfolio segments. Assets and liabilities measured at fair value on a recurring basis are summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant Other ​ Significant ​ ​ Total at ​ for Identical ​ Observable ​ Unobservable ​ ​ June 30, ​ Assets ​ Inputs ​ Inputs ​ ​ 2022 ​ (Level 1) ​ (Level 2) ​ (Level 3) U.S. government agencies $ 103,612 ​ $ — ​ $ 103,612 ​ $ — Mortgage-backed securities ​ 335,952 ​ — ​ 335,952 ​ — Corporate securities ​ 22,936 ​ — ​ 22,936 ​ — Obligations of states and political subdivisions ​ 99,163 ​ — ​ 99,163 ​ — Total securities available-for-sale ​ $ 561,663 ​ $ — ​ $ 561,663 ​ $ — ​ There were no transfers between 1 2 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant Other ​ Significant ​ ​ Total at ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, ​ Assets ​ Inputs ​ Inputs ​ ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) U.S. government agencies ​ 79,706 ​ $ — ​ $ 79,706 ​ $ — Mortgage-backed securities ​ 270,432 ​ — ​ 270,432 ​ — Corporate securities ​ ​ 20,211 ​ ​ — ​ ​ 20,211 ​ ​ — Obligations of states and political subdivisions ​ 94,448 ​ — ​ 94,448 ​ — Total securities available-for-sale ​ $ 464,797 ​ $ — ​ $ 464,797 ​ $ — ​ There were no transfers between 1 2 ​ Assets measured at fair value on a non-recurring basis as of June 30, 2022 and December 31, 2021 are summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ ​ ​ Quoted Prices ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ Other ​ Significant ​ ​ Total at ​ Markets for ​ Observable ​ Unobservable ​ June 30, 2022 Identical Assets Inputs Inputs ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) Impaired loans ​ $ 9,567 ​ $ — ​ $ — ​ $ 9,567 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ ​ ​ Quoted Prices ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ Other ​ Significant ​ ​ Total at ​ Markets for ​ Observable ​ Unobservable ​ December 31, 2021 Identical Assets Inputs Inputs ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) Impaired loans ​ $ 6,689 ​ $ — ​ $ — ​ $ 6,689 ​ The fair value amounts shown in the above table are impaired loans net of reserves allocated to said loans. The total reserves allocated to these impaired loans were $31 and $409 at June 30, 2022 and December 31, 2021, respectively. The following table presents additional quantitative information about level 3 fair value measured at fair value on a non-recurring basis at June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Range June 30, 2022 ​ Value ​ Valuation Technique ​ Unobservable Input ​ (Weighted Average) Impaired loans ​ $ 9,567 ​ Appraisal of collateral (1) ​ Appraisal and liquidation ​ 20%-40% ​ ​ ​ ​ ​ ​ ​ ​ adjustments (2) ​ (32%) ​ (1) Fair value is generally determined through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted downward by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. There were no material collateral dependent, non-TDR impaired loans with a specific reserve as of December 31, 2021. The carrying amounts and estimated fair values of the Company’s financial instruments not carried at fair value are as follows at June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Carrying Fair ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Value ​ Level 1 ​ Level 2 ​ Level 3 Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 271,445 ​ $ 271,445 ​ $ 271,445 ​ $ — ​ $ — Loans, net ​ 1,448,086 ​ 1,425,639 ​ — ​ — ​ 1,425,639 Accrued interest receivable ​ 6,947 ​ 6,947 ​ — ​ 2,113 ​ 4,834 Restricted investment in bank stocks ​ 3,063 ​ NA ​ — ​ — ​ — Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ 2,203,448 ​ 2,203,448 ​ 2,130,408 ​ 73,040 ​ — Note payable ​ 3,000 ​ 2,989 ​ — ​ 2,989 ​ — Subordinated notes, net of issuance costs ​ 19,413 ​ 17,943 ​ — ​ 17,943 ​ — Accrued interest payable ​ 247 ​ 247 ​ — ​ 247 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Carrying Fair ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Value ​ Level 1 ​ Level 2 ​ Level 3 Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 306,179 ​ $ 306,179 ​ $ 306,179 ​ $ — ​ $ — Loans, net ​ 1,273,767 ​ 1,260,146 ​ — ​ — ​ 1,260,146 Accrued interest receivable ​ 6,643 ​ 6,643 ​ — ​ 1,603 ​ 5,040 Restricted investment in bank stocks ​ 2,217 ​ NA ​ — ​ — ​ — Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ 1,914,384 ​ 1,914,271 ​ 1,831,944 ​ 82,327 ​ — Note payable ​ 3,000 ​ 3,030 ​ — ​ 3,030 ​ — Subordinated notes, net of issuance costs ​ 19,376 ​ 18,867 ​ — ​ 18,867 ​ — Accrued interest payable ​ 250 ​ 250 ​ — ​ 250 ​ — ​ ​ ​ ​ ​

Deposits

Deposits	6 Months Ended
	Jun. 30, 2022
Deposits
Deposits	Note 5 — Deposits A summarized analysis of the Bank’s deposits at June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 December 31, 2021 ​ Non-interest bearing demand accounts ​ $ 791,778 ​ $ 701,645 ​ Interest-bearing demand accounts ​ 378,859 ​ 301,596 ​ Money market accounts ​ 718,538 ​ 615,111 ​ Savings accounts ​ 241,233 ​ 213,592 ​ Certificates of Deposit ​ 73,040 ​ 82,440 ​ Total deposits ​ $ 2,203,448 ​ $ 1,914,384 ​ ​ Time deposits that meet or exceed the FDIC insurance limit of $250 at June 30, 2022 and December 31, 2021 were $20,042 and $23,859, respectively. Scheduled maturities of time deposits for the next five years as of June 30, are as follows: ​ ​ ​ ​ ​ 2022 $ 41,611 2023 ​ ​ 19,810 2024 ​ 4,238 2025 ​ 7,381 ​ ​ $ 73,040 ​ Deposits of executive officers, directors and principal officers of the Company, including their immediate families and companies in which they are affiliated, amounted to $15,356 and $6,109 at June 30, 2022 and December 31, 2021, respectively.

Pension Plan and Stock Compensa

Pension Plan and Stock Compensation	6 Months Ended
	Jun. 30, 2022
Pension Plan and Stock Compensation
Pension Plan and Stock Compensation	Note 6 — Pension Plan and Stock Compensation The Bank has a funded noncontributory defined benefit pension plan that covers substantially all employees meeting certain eligibility requirements. The pension plan was closed to new participants and benefit accruals were frozen as of December 31, 2015. The plan provides defined benefits based on years of service and final average salary. The components of net periodic benefit cost for the Company’s noncontributory defined benefit pension plan for the three and six months ended June 30, 2022 and 2021 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 ​ 2022 2021 Service cost ​ $ — ​ $ 47 ​ $ — ​ $ 94 Interest cost ​ 202 ​ 190 ​ 404 ​ 380 Expected return on plan assets ​ (496) ​ (515) ​ (992) ​ (1,030) Amortization of transition cost ​ (7) ​ (12) ​ (14) ​ (24) Amortization of net loss ​ — ​ 5 ​ — ​ 10 Net periodic benefit cost/(income) ​ $ (301) ​ $ (285) ​ $ (602) ​ $ (570) ​ The Company has a time based restricted stock plan. For the three months ended June 30, 2022 and 2021, the Company’s recognized stock-based compensation costs were $33 and $162, respectively. For the six months ended June 30, 2022 and 2021 the Company’s recognized stock-based compensation costs of $100 and $262 , respectively. The Company uses the fair value of the common stock on the date of award to measure compensation cost for restricted stock awards. Compensation cost is recognized over the vesting period of the award using the straight line method. There were A summary of the Company’s restricted stock awards activity for the six months ended June 30, 2022 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average Fair ​ ​ Shares ​ Value Non-vested at beginning of period 22,922 ​ $ 28.92 Granted — ​ $ ​ Vested (11,245) ​ $ 28.59 Forfeited — ​ $ ​ Non-vested at end of period 11,677 ​ $ 29.24 ​ On September 22, 2021 restricted stock units (RSUs) were granted in the amount of from the Company s 2019 Equity Incentive Plan to officers of the Bank and HVIA and directors of the Company in connection with the successful completion of the Company s initial public stock offering, listing on the NASDAQ Capital Market and the recent past years success experienced by the Bank. Non-employee directors received 16,500 restricted stock units while officers received 31,504 restricted stock units. The restricted stock units granted to officers will vest over three years in approximately 33% increments on the first, second and third anniversary of the date of grant. The restricted stock units granted to nonemployee directors are 100% vested as of the date of grant and are settled in shares of Company common stock upon separation from service. In addition, the Company made a discretionary contribution of $200,000 to the Company s KSOP Trust and purchased shares of the Company s common stock in the open market for the benefit of all eligible non-highly compensated employees who remain employed by the Company, Bank or HVIA as of December 31, 2021. ​ The following table summarizes the activity of RSUs during the six months ended June 30, 2022: ​ ​ ​ ​ ​ ​ Restricted Stock Units Non-vested RSUs at beginning of period 48,004 Granted 17,555 Vested — Issued ​ (2,000) Forfeited (2,096) Non-vested RSUs at end of period 61,463 ​

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss).
Accumulated Other Comprehensive Income (Loss)	Note 7 — Accumulated Other Comprehensive Income (Loss) The following is a summary of changes in accumulated other comprehensive income (loss) by component, net of tax, for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ (23,666) ​ $ (2,308) ​ $ 132 $ (25,842) Other comprehensive income/(loss) before reclassification ​ (20,114) ​ 206 ​ (3) ​ (19,911) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 8 ​ — ​ 8 Net current period other comprehensive income/(loss) ​ (20,114) ​ 198 ​ (3) ​ (19,919) Ending balance ​ $ (43,780) ​ $ (2,110) ​ $ 129 $ (45,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2022 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ (1,072) ​ $ (2,506) ​ $ 135 ​ $ (3,443) Other comprehensive income/(loss) before reclassification ​ (42,708) ​ 412 ​ (6) ​ (42,302) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 16 ​ — ​ 16 Net current period other comprehensive income/(loss) ​ (42,708) ​ 396 ​ (6) ​ (42,318) Ending balance ​ $ (43,780) ​ $ (2,110) ​ $ 129 $ (45,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ 573 ​ $ (3,277) ​ $ 145 ​ $ (2,559) Other comprehensive income/(loss) before reclassification ​ 1,436 ​ — ​ (4) ​ 1,432 Less amounts reclassified from accumulated other comprehensive income ​ — ​ 11 ​ — ​ 11 Net current period other comprehensive income/(loss) ​ 1,436 ​ 11 ​ (4) ​ 1,443 Ending balance ​ $ 2,009 ​ $ (3,266) ​ $ 141 ​ $ (1,116) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2021 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ 4,949 ​ $ (3,277) ​ $ 147 ​ $ 1,819 Other comprehensive income/(loss) before reclassification ​ (2,940) ​ — ​ (6) ​ (2,946) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 11 ​ — ​ 11 Net current period other comprehensive income/(loss) ​ (2,940) ​ 11 ​ (6) ​ (2,935) Ending balance ​ $ 2,009 ​ $ (3,266) ​ $ 141 ​ $ (1,116) ​ ​ The following reflects significant amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount Reclassified from Accumulated Other Comprehensive Income ​ Affected Line Item in the Statement where ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income is Presented ​ ​ Three Months Ended June 30, Six Months Ended June 30, ​ Details about Accumulated Other Comprehensive Income Components ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ ​ Unrealized gains and losses on available-for-sale securities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Realized (losses) gains on securities available-for-sale ​ $ — ​ $ — ​ $ — ​ $ — ​ Investment security gains (losses) Total before tax ​ — ​ — ​ — ​ — ​ ​ Tax effect ​ — ​ — ​ — ​ — ​ Provision for income taxes Net of tax ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of defined benefit pension items ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transition asset ​ $ (7) ​ $ (24) ​ $ (14) ​ $ (24) ​ Other expense Actuarial gains (losses) ​ - ​ 10 ​ — ​ 10 ​ Other expense Total before tax ​ (7) ​ (14) ​ (14) ​ (14) ​ ​ Tax effect ​ (1) ​ (3) ​ (2) ​ (3) ​ Provision for income taxes Net of tax ​ $ (8) ​ $ (11) ​ $ (16) ​ $ (11) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications for the period, net of tax ​ $ (8) ​ $ (11) ​ $ (16) ​ $ (11) ​ ​

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contracts with Customers
Revenue from Contracts with Customers	Note 8 — Revenue from Contracts with Customers All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within noninterest income. The following table presents the Company’s gross sources of noninterest income for the three and six months ended June 30, 2022 and 2021. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ Noninterest Income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ $ 161 ​ $ 158 ​ $ 329 ​ $ 333 ​ Trust income ​ 1,223 ​ 1,184 ​ 2,393 ​ 2,307 ​ Investment advisory income ​ 1,099 ​ 1,235 ​ 2,300 ​ 2,411 ​ Earnings on bank owned life insurance (a) ​ 236 ​ 173 ​ 469 ​ 344 ​ Other (b) ​ 258 ​ 278 ​ 491 ​ 524 ​ Total Noninterest Income ​ $ 2,977 ​ $ 3,028 ​ $ 5,982 ​ $ 5,919 ​ (a) Not within the scope of ASC 606. (b) The Other category includes safe deposit income, checkbook fees, and debit card fee income, totaling $222 and $206 for the three months ended June 30, 2022 and 2021, respectively, and $413 and $392 for the six months ended June 30, 2022 and 2021, that are within the scope of ASC 606 and loan related fee income and miscellaneous income, totaling $35 and $72 for the three months ended June 30, 2022 and 2021, respectively, and $78 and $132 for the six months ended June 30, 2022 and 2021 which are outside the scope of ASC 606. The Company earns wealth management fees, which includes trust income and investment advisory income, from its contracts with trust and brokerage customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted services and are generally assessed based on a tiered scale of the market value of the assets under management at month-end or quarter-end.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Information
Segment Information	Note 9 — Segment Information The reportable segments are determined by the products and services offered by the Company, primarily distinguished between banking and wealth management. Loans, investments, and deposits provide the revenues in the banking operation, and trust fees and investment management fees provide the revenues in wealth management. All operations are domestic. Significant segment totals are reconciled to the financial statements as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended June 30, 2022 ​ For the six months ended June 30, 2022 ​ Banking Wealth Management Total Segments Banking Wealth Management Total Segments Net interest income ​ $ 17,509 ​ $ — ​ $ 17,509 ​ $ 33,848 ​ $ — ​ $ 33,848 Noninterest income ​ 654 ​ 2,323 ​ 2,977 ​ 1,289 ​ 4,693 ​ 5,982 Provision for loan loss ​ (5,510) ​ — ​ (5,510) ​ (6,433) ​ — ​ (6,433) Noninterest expenses ​ (10,642) ​ (1,824) ​ (12,466) ​ (20,573) ​ (3,714) ​ (24,287) Income tax expense ​ (295) ​ (105) ​ (400) ​ (1,464) ​ (206) ​ (1,670) Net income ​ $ 1,716 ​ $ 394 ​ $ 2,110 ​ $ 6,667 ​ $ 773 ​ $ 7,440 Total assets ​ $ 2,384,424 ​ $ 7,625 ​ $ 2,392,049 ​ $ 2,384,424 ​ $ 7,625 ​ $ 2,392,049 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended June 30, 2021 ​ For the six months ended June 30, 2021 ​ Banking Wealth Management Total Segments Banking Wealth Management Total Segments Net interest income ​ $ 14,632 ​ $ — ​ $ 14,632 ​ $ 28,372 ​ $ — ​ $ 28,372 Noninterest income ​ 609 ​ 2,419 ​ 3,028 ​ 1,201 ​ 4,718 ​ 5,919 Provision for loan loss ​ (809) ​ — ​ (809) ​ (875) ​ — ​ (875) Noninterest expenses ​ (8,723) ​ (1,678) ​ (10,401) ​ (17,395) ​ (3,321) ​ (20,716) Income tax expense ​ (1,101) ​ (156) ​ (1,257) ​ (2,189) ​ (293) ​ (2,482) Net income ​ $ 4,608 ​ $ 585 ​ $ 5,193 ​ $ 9,114 ​ $ 1,104 ​ $ 10,218 Total assets ​ $ 2,043,970 ​ $ 8,262 ​ $ 2,052,232 ​ $ 2,043,970 ​ ​ 8,262 ​ $ 2,052,232 ​

Regulatory Capital Matters

Regulatory Capital Matters	6 Months Ended
	Jun. 30, 2022
Regulatory Capital Matters
Regulatory Capital Matters	Note 10 — Regulatory Capital Matters The Bank is subject to regulatory capital requirements administered by the federal banking agencies. Capital adequacy guidelines and prompt corrective regulations involve quantitative measures of assets, liabilities and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgements by regulators. Failure to meet the minimum capital requirements can initiate regulatory action. The final rules implementing Basel Committee on Banking Supervision’s capital guidelines for U.S. banks, (Basel III rules), became effective for the Bank on January 1, 2015 with full compliance with all of the requirements being phased in over a multi-year schedule, and fully phased in by January 1, 2019. Under the Basel III rules, the Bank must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The capital conservation buffer is 2.5%. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion and capital restoration plans are required. Capital levels at June 30, 2022 and at December 31, 2021 exceeded the regulatory minimum levels to be considered well capitalized under the prompt corrective action regulations. ​ Actual and required capital amounts and ratios are presented below at June 30, 2022 and December 31, 2021 for the Bank. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ For Capital Adequacy ​ under Prompt ​ ​ Actual ​ Purposes ​ Purposes with Capital Buffer ​ Corrective Action Provisions ​ Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk weighted assets ​ $ 211,172 13.17 % $ 128,259 8.00 % $ 158,320 9.875 % $ 160,324 10.00 % Tier 1 (Core) capital to risk weighted assets ​ 191,085 11.92 % 96,194 6.00 % 126,255 7.875 % 128,259 8.00 % Common Tier 1 (CET1) to risk weighted assets ​ 191,085 11.92 % 72,146 4.50 % 102,207 6.375 % 104,211 6.50 % Tier 1 (Core) Capital to average assets ​ 191,085 8.09 % 94,483 4.00 % N/A N/A ​ 118,104 5.00 % December 31, 2021 ​ ​ ​ ​ ​ Total capital to risk weighted assets ​ $ 192,359 14.12 % $ 109,000 8.00 % $ 134,546 9.875 % $ 136,250 10.00 % Tier 1 (Core) capital to risk weighted assets ​ 175,318 12.87 % 81,750 6.00 % 107,296 7.875 % 109,000 8.00 % Common Tier 1 (CET1) to risk weighted assets ​ 175,318 12.87 % 61,312 4.50 % 86,859 6.375 % 88,562 6.50 % Tier 1 (Core) Capital to average assets ​ 175,318 8.15 % 86,093 4.00 % N/A N/A ​ 107,616 5.00 % ​

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Nature of Operations and Summary of Significant Accounting Policies
Nature of Operations and Principles of Consolidation	Nature of Operations and Principles of Consolidation: The Company provides commercial and consumer banking services to individuals, small businesses and local municipal governments as well as trust and investment services through the Bank and HVIA. The Company is headquartered in Middletown, New York, with eight locations in Orange County, New York, seven in Westchester County, New York, two in Rockland County, New York, and one in Bronx County, New York. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are commercial real estate, commercial and residential mortgage loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from operations of businesses. There are no significant concentrations of loans to any one industry or customer. However, the customers’ ability to repay their loans is dependent on the real estate and general economic conditions in the areas in which they operate. Assets held by the Company in an agency or fiduciary capacity for its customers are excluded from the consolidated financial statements since they do not constitute assets of the Company. Assets held by the Company in an agency or fiduciary capacity for its customers amounted to $1,150,156 and $1,325,894 at June 30, 2022 and December 31, 2021, respectively. Certain information and footnote disclosures normally included in the audited consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2021 for Orange County Bancorp, Inc. contained in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 30, 2022. In the opinion of the management of the Company, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting solely of normal and recurring accruals) necessary to present fairly the financial position as of June 30, 2022, the results of operations, comprehensive income/(loss), changes in stockholders’ equity for the three and six months ended June 30, 2022 and 2021 and cash flow statements for the six months ended June 30, 2022 and 2021. The results of operations for any interim period are not necessarily indicative of the results that may be expected for the full year or for any future period. Certain reclassifications have been made to the financial statements to conform with prior period presentations.
Use of Estimates	Use of Estimates:
Recent Accounting Pronouncements	Recent Accounting Pronouncements ​ In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, Financial Instruments — Credit Losses Topic 326: Measurement of Credit Losses on Financial Instruments. The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. In November 2019, the FASB adopted changes to delay the effective date of ASU 2016-13 to January 2023 for certain entities, including certain Securities and Exchange Commission filers, public business entities, and private companies. As a result, the Company is eligible for the delay and will adopt the ASU effective January 1, 2023. The Company is currently working with a third-party vendor in the development of certain methodologies and modeling techniques that will be implemented to accommodate this adoption. It is expected that the modeling of the new accounting standard will be run in parallel with the Company’s current incurred loss methodology throughout 2022 in an effort to evaluate and inform the potential impact the adoption of ASU 2016-13 will have on its consolidated financial statements and results of operations.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investment Securities
Schedule of amortized cost and fair value of investment securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair ​ ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 110,697 ​ $ 60 ​ $ (7,145) ​ $ 103,612 Mortgage-backed securities ​ 369,720 ​ — ​ (33,768) ​ ​ 335,952 Corporate Securities ​ 24,070 ​ — ​ (1,134) ​ ​ 22,936 Obligations of states and political subdivisions ​ 112,592 ​ 73 ​ (13,502) ​ ​ 99,163 Total debt securities ​ $ 617,079 ​ $ 133 ​ $ (55,549) ​ $ 561,663 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Gross ​ ​ ​ Amortized ​ Unrealized ​ Unrealized ​ Fair ​ ​ Cost ​ Gains ​ Losses ​ Value Available-for-sale December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies $ 80,596 $ 440 $ (1,330) $ 79,706 Mortgage-backed securities ​ 272,931 ​ 1,285 ​ (3,784) ​ 270,432 Corporate Securities ​ ​ 20,081 ​ ​ 278 ​ ​ (148) ​ ​ 20,211 Obligations of states and political subdivisions ​ 92,545 ​ 2,149 ​ (246) ​ 94,448 Total debt securities $ 466,153 $ 4,152 $ (5,508) $ 464,797
Schedule of contractual maturities of debt securities	​ ​ ​ ​ ​ ​ ​ ​ ​ Available-for-sale ​ ​ Amortized ​ Fair ​ ​ Cost ​ Value Due in one year or less ​ $ 4,096 ​ $ 4,107 Due after one through five years ​ 26,347 ​ 25,935 Due after five through ten years ​ 68,796 ​ 63,510 Due after ten years ​ 148,120 ​ 132,159 ​ ​ 247,359 ​ 225,711 Mortgage-backed securities ​ 369,720 ​ 335,952 Total debt securities ​ $ 617,079 ​ $ 561,663
Schedule of securities with unrealized and unrecognized losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 Months ​ 12 Months or More ​ Total ​ ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses Available-for-sale June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 39,817 ​ $ (3,277) ​ $ 26,540 ​ $ (3,868) ​ $ 66,357 ​ $ (7,145) Mortgage-backed securities ​ 287,003 ​ (27,386) ​ 39,102 ​ (6,382) ​ 326,105 ​ (33,768) Corporate Securities ​ 18,936 ​ (1,134) ​ — ​ ​ — ​ ​ 18,936 ​ (1,134) Obligations of states and political subdivisions ​ 79,725 ​ (12,985) ​ 2,888 ​ (517) ​ 82,613 ​ (13,502) Total debt securities ​ $ 425,481 ​ $ (44,782) ​ $ 68,530 ​ $ (10,767) ​ $ 494,011 ​ $ (55,549) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less than 12 Months ​ 12 Months or More ​ Total ​ ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ ​ Value ​ Losses ​ Value ​ Losses ​ Value ​ Losses Available-for-sale December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. government agencies ​ $ 10,337 ​ $ (121) ​ $ 32,210 ​ $ (1,209) ​ $ 42,547 ​ $ (1,330) Mortgage-backed securities ​ 177,506 ​ (3,273) ​ 14,134 ​ (511) ​ 191,640 ​ (3,784) Corporate Securities ​ ​ 9,354 ​ ​ (148) ​ ​ — ​ ​ — ​ ​ 9,354 ​ ​ (148) Obligations of states and political subdivisions ​ 13,349 ​ (138) ​ 3,298 ​ (108) ​ 16,647 ​ (246) Total debt securities ​ $ 210,546 ​ $ (3,680) ​ $ 49,642 ​ $ (1,828) ​ $ 260,188 ​ $ (5,508)

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2022
Loans
Schedule of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ December 31, 2021 ​ Commercial and industrial ​ $ 273,464 ​ $ 268,508 ​ Commercial real estate ​ 986,032 ​ 852,707 ​ Commercial real estate construction ​ 113,475 ​ 72,250 ​ Residential real estate ​ 68,529 ​ 65,248 ​ Home equity ​ 12,782 ​ 13,638 ​ Consumer ​ 17,446 ​ 19,077 ​ Total ​ $ 1,471,728 ​ $ 1,291,428 ​
Schedule of activity in the allowance for loan losses and recorded investment in loans by portfolio segment and based on impairment method	The following tables present the activity in the allowance for loan losses by portfolio segment for each of the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,408 ​ $ 11,073 ​ $ 1,296 ​ $ 294 ​ $ 69 ​ $ 287 ​ $ 18,427 Provision for loan losses ​ 3,944 ​ ​ 1,230 ​ ​ 22 ​ ​ 56 ​ ​ (1) ​ ​ 259 ​ 5,510 Charge-offs ​ (29) ​ ​ — ​ ​ — ​ ​ (51) ​ ​ — ​ ​ (260) ​ (340) Recoveries ​ 9 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 36 ​ 45 Ending balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2022 ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,901 ​ $ 11,183 ​ $ 964 ​ $ 272 ​ $ 80 ​ $ 261 ​ $ 17,661 Provision for loan losses ​ 4,492 ​ ​ 1,120 ​ ​ 354 ​ ​ 78 ​ ​ (12) ​ ​ 401 ​ 6,433 Charge-offs ​ (76) ​ ​ — ​ ​ — ​ ​ (51) ​ ​ — ​ ​ (380) ​ (507) Recoveries ​ 15 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 40 ​ 55 Ending balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ ​ Commercial ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,015 ​ ​ 9,545 ​ ​ 1,002 ​ ​ 346 ​ ​ 65 ​ ​ 310 ​ $ 16,283 Provision for loan losses ​ ​ (72) ​ ​ 1,039 ​ ​ (54) ​ ​ (45) ​ ​ (5) ​ ​ (54) ​ 809 Charge-offs ​ ​ (89) ​ ​ (60) ​ ​ — ​ ​ — ​ ​ — ​ ​ (2) ​ (151) Recoveries ​ 92 ​ ​ 12 ​ ​ — ​ ​ ​ ​ ​ — ​ ​ 4 ​ 108 Ending balance ​ $ 4,946 ​ $ 10,536 ​ $ 948 ​ $ 301 ​ $ 60 ​ $ 258 ​ $ 17,049 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2021 ​ ​ Commercial ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,795 ​ $ 9,782 ​ $ 801 ​ $ 381 ​ $ 77 ​ $ 336 ​ $ 16,172 Provision for loan losses ​ 77 ​ 844 ​ 147 ​ (80) ​ (17) ​ (96) ​ 875 Charge-offs ​ (105) ​ (103) ​ ​ — ​ — ​ — ​ (7) ​ (215) Recoveries ​ 179 ​ 13 ​ — ​ — ​ — ​ 25 ​ 217 Ending balance ​ $ 4,946 ​ $ 10,536 ​ $ 948 ​ $ 301 ​ $ 60 ​ $ 258 ​ $ 17,049 ​ ​ ​ The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 4,985 ​ $ 426 ​ $ — ​ $ — ​ $ — ​ $ 22 ​ $ 5,433 collectively evaluated for impairment ​ 4,347 ​ 11,877 ​ 1,318 ​ 299 ​ 68 ​ 300 ​ 18,209 Total ending allowance balance ​ $ 9,332 ​ $ 12,303 ​ $ 1,318 ​ $ 299 ​ $ 68 ​ $ 322 ​ $ 23,642 Loans: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 14,800 ​ $ 23,404 ​ $ — ​ $ 1,809 ​ $ 55 ​ $ 109 ​ $ 40,177 collectively evaluated for impairment ​ 258,664 ​ 962,628 ​ 113,475 ​ 66,720 ​ 12,727 ​ 17,337 ​ 1,431,551 Total ending loans balance ​ $ 273,464 ​ $ 986,032 ​ $ 113,475 ​ $ 68,529 ​ $ 12,782 ​ $ 17,446 ​ $ 1,471,728 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ and ​ Commercial ​ Real Estate ​ Residential ​ Home ​ ​ ​ ​ ​ ​ ​ ​ Industrial ​ Real Estate ​ Construction ​ Real Estate ​ Equity ​ Consumer ​ Total December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 137 ​ $ 1,272 ​ $ — ​ $ — ​ $ — ​ $ 24 ​ $ 1,433 collectively evaluated for impairment ​ 4,764 ​ 9,911 ​ 964 ​ 272 ​ 80 ​ 237 ​ 16,228 Total ending allowance balance ​ $ 4,901 ​ $ 11,183 ​ $ 964 ​ $ 272 ​ $ 80 ​ $ 261 ​ $ 17,661 Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ individually evaluated for impairment ​ $ 952 ​ $ 23,523 ​ $ — ​ $ 1,227 ​ $ 50 ​ $ 114 ​ $ 25,866 collectively evaluated for impairment ​ 267,556 ​ 829,184 ​ 72,250 ​ 64,021 ​ 13,588 ​ 18,963 ​ 1,265,562 Total ending loans balance ​ $ 268,508 ​ $ 852,707 ​ $ 72,250 ​ $ 65,248 ​ $ 13,638 ​ $ 19,077 ​ $ 1,291,428
Schedule of average recorded investment and interest income of loans individually evaluated for impairment recognized by class of loans	The following tables present loans individually evaluated for impairment recognized by class of loans as of June 30, 2022 and December 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ Allowance for ​ ​ Principal ​ Recorded ​ Loan Losses ​ ​ Balance ​ Investment ​ Allocated June 30, 2022 ​ ​ ​ With no related allowance recorded ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — Commercial real estate ​ 18,136 ​ 17,644 ​ — Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 1,821 ​ 1,809 ​ — Home equity ​ 57 ​ 55 ​ — Consumer ​ — ​ — ​ — Total ​ $ 20,014 ​ $ 19,508 ​ $ — With an allowance recorded: ​ ​ ​ Commercial and industrial ​ $ 14,800 ​ $ 14,800 ​ $ 4,985 Commercial real estate ​ 5,760 ​ 5,760 ​ 426 Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ — ​ — ​ — Home equity ​ — ​ — ​ — Consumer ​ 109 ​ 109 ​ 22 Total ​ $ 20,669 ​ $ 20,669 ​ $ 5,433 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unpaid ​ ​ Allowance for ​ ​ Principal ​ Recorded ​ Loan Losses ​ ​ Balance ​ Investment ​ Allocated December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ With no related allowance recorded ​ ​ ​ Commercial and industrial ​ $ 1 ​ $ 1 ​ $ — Commercial real estate ​ 14,291 ​ 13,953 ​ — Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 1,155 ​ 1,155 ​ — Home equity ​ 50 ​ 50 ​ — Consumer ​ — ​ — ​ — Total ​ $ 15,497 ​ $ 15,159 ​ $ — With an allowance recorded: ​ ​ ​ Commercial and industrial ​ $ 951 ​ $ 951 ​ $ 137 Commercial real estate ​ 9,593 ​ 9,570 ​ 1,272 Commercial real estate construction ​ — ​ — ​ — Residential real estate ​ 84 ​ 72 ​ — Home equity ​ — ​ — ​ — Consumer ​ 114 ​ 114 ​ 24 Total ​ $ 10,742 ​ $ 10,707 ​ $ 1,433 ​ The following tables present the average recorded investment and interest income of loans individually evaluated for impairment recognized by class of loans for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Three Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ ​ Average ​ Interest ​ Average ​ Interest ​ ​ Recorded ​ Income ​ Recorded ​ Income ​ ​ Investment ​ Recognized (1) ​ Investment ​ Recognized (1) With no related allowance recorded ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ 330 ​ $ 4 Commercial real estate ​ 17,743 ​ 159 ​ 9,186 ​ 108 Commercial real estate construction ​ 578 ​ — ​ 578 ​ — Residential real estate ​ 1,291 ​ 13 ​ 594 ​ 8 Home equity ​ — ​ — ​ — ​ — Consumer ​ — ​ — ​ — ​ — Total ​ $ 19,612 ​ $ 172 ​ $ 10,688 ​ $ 120 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 20,334 ​ $ 93 ​ $ 2,928 ​ $ 40 Commercial real estate ​ 334 ​ — ​ 16,499 ​ 198 Commercial real estate construction ​ — ​ — ​ — ​ — Residential real estate ​ — ​ — ​ 76 ​ — Home equity ​ — ​ — ​ — ​ — Consumer ​ 110 ​ 1 ​ 121 ​ 2 Total ​ $ 20,778 ​ $ 94 ​ $ 19,624 ​ $ 240 (1) Cash basis interest income approximates interest income recognized. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended Six Months Ended ​ ​ June 30, 2022 ​ June 30, 2021 ​ ​ Average ​ Interest ​ Average ​ Interest ​ ​ Recorded ​ Income ​ Recorded ​ Income ​ ​ Investment ​ Recognized (1) ​ Investment ​ Recognized (1) With no related allowance recorded ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ 335 ​ $ 9 Commercial real estate ​ 16,242 ​ ​ 160 ​ ​ 9,228 ​ ​ 216 Commercial real estate construction ​ 578 ​ ​ — ​ ​ 578 ​ ​ — Residential real estate ​ 998 ​ ​ 11 ​ ​ 596 ​ ​ 16 Home equity ​ — ​ ​ — ​ ​ — ​ ​ — Consumer ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 17,818 ​ $ 171 ​ $ 10,737 ​ $ 241 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 10,833 ​ $ 60 ​ $ 3,023 ​ $ 83 Commercial real estate ​ 4,523 ​ ​ 41 ​ ​ 16,524 ​ ​ 396 Commercial real estate construction ​ — ​ ​ — ​ ​ — ​ ​ — Residential real estate ​ — ​ ​ — ​ ​ 77 ​ ​ — Home equity ​ — ​ ​ — ​ ​ — ​ ​ — Consumer ​ 112 ​ ​ 1 ​ ​ 122 ​ ​ 3 Total ​ $ 15,468 ​ $ 102 ​ $ 19,746 ​ $ 482 (1) Cash basis interest income approximates interest income recognized.
Schedule of recorded investment in non-accrual and loans past due over 90 days still on accrual by class of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans Past Due Over 90 Days ​ ​ ​ Non-accrual ​ Still Accruing ​ ​ June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 ​ Commercial and industrial ​ $ 14,167 ​ $ — ​ $ 1,114 ​ $ 720 ​ Commercial real estate ​ 4,055 ​ 3,928 ​ — ​ 465 ​ Commercial real estate construction ​ — ​ — ​ — ​ — ​ Residential real estate ​ 601 ​ 578 ​ — ​ — ​ Home equity ​ 55 ​ 50 ​ — ​ — ​ Consumer ​ — ​ 4 ​ 453 ​ 208 ​ Total ​ $ 18,878 ​ $ 4,560 ​ $ 1,567 ​ $ 1,393 ​
Schedule of aging of the recorded investment in past-due loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days 60-89 Days Greater Than Total Loans ​ ​ Past Due ​ Past Due ​ 90 Days ​ Past Due ​ Not Past Due June 30, 2022 ​ ​ ​ ​ ​ Commercial and industrial ​ $ 252 ​ $ 1,264 ​ $ 1,614 ​ $ 3,130 ​ $ 270,334 Commercial real estate ​ 1,112 ​ — ​ 697 ​ 1,809 ​ 984,223 Commercial real estate construction ​ — ​ — ​ — ​ — ​ 113,475 Residential real estate ​ — ​ 568 ​ 578 ​ 1,146 ​ 67,383 Home equity ​ — ​ — ​ — ​ — ​ 12,782 Consumer ​ 98 ​ 181 ​ 453 ​ 732 ​ 16,714 Total ​ $ 1,462 ​ $ 2,013 ​ $ 3,342 ​ $ 6,817 ​ $ 1,464,911 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days 60-89 Days Greater Than Total Loans ​ ​ Past Due ​ Past Due ​ 90 Days ​ Past Due ​ Not Past Due December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 541 ​ $ 1,519 ​ $ 720 ​ $ 2,780 ​ $ 265,728 Commercial real estate ​ — ​ 2,873 ​ 1,161 ​ 4,034 ​ 848,673 Commercial real estate construction ​ — ​ — ​ — ​ — ​ 72,250 Residential real estate ​ 26 ​ — ​ 578 ​ 604 ​ 64,644 Home equity ​ — ​ 58 ​ 50 ​ 108 ​ 13,530 Consumer ​ 1,134 ​ 292 ​ 212 ​ 1,638 ​ 17,439 Total ​ $ 1,701 ​ $ 4,742 ​ $ 2,721 ​ $ 9,164 ​ $ 1,282,264
Schedule of risk category of loans by class of loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ Loss ​ Total June 30, 2022 ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 258,020 ​ $ 644 ​ $ 1,155 ​ $ 13,645 ​ $ — ​ $ 273,464 Commercial real estate ​ 964,201 ​ 5,700 ​ 16,131 ​ — ​ — ​ 986,032 Commercial real estate construction ​ 113,475 ​ — ​ — ​ — ​ — ​ 113,475 Residential real estate ​ 66,789 ​ — ​ 1,740 ​ — ​ — ​ 68,529 Home equity ​ 12,727 ​ — ​ 55 ​ — ​ — ​ 12,782 Consumer ​ 17,337 ​ — ​ 109 ​ — ​ — ​ 17,446 Total ​ $ 1,432,549 ​ $ 6,344 ​ $ 19,190 ​ $ 13,645 ​ $ — ​ $ 1,471,728 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Special ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ Mention ​ Substandard ​ Doubtful ​ Loss ​ Total December 31, 2021 ​ ​ ​ ​ ​ ​ Commercial and industrial ​ $ 252,268 ​ $ 4,156 ​ $ 12,084 ​ $ — ​ $ — ​ $ 268,508 Commercial real estate ​ 835,787 ​ 679 ​ 16,241 ​ — ​ — ​ 852,707 Commercial real estate construction ​ 72,250 ​ — ​ — ​ — ​ — ​ 72,250 Residential real estate ​ 64,094 ​ — ​ 1,154 ​ — ​ — ​ 65,248 Home equity ​ 13,588 ​ 50 ​ — ​ — ​ — ​ 13,638 Consumer ​ 18,963 ​ — ​ 114 ​ — ​ — ​ 19,077 Total ​ $ 1,256,950 ​ $ 4,885 ​ $ 29,593 ​ $ — ​ $ — ​ $ 1,291,428

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value
Summary of assets and liabilities measured at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant Other ​ Significant ​ ​ Total at ​ for Identical ​ Observable ​ Unobservable ​ ​ June 30, ​ Assets ​ Inputs ​ Inputs ​ ​ 2022 ​ (Level 1) ​ (Level 2) ​ (Level 3) U.S. government agencies $ 103,612 ​ $ — ​ $ 103,612 ​ $ — Mortgage-backed securities ​ 335,952 ​ — ​ 335,952 ​ — Corporate securities ​ 22,936 ​ — ​ 22,936 ​ — Obligations of states and political subdivisions ​ 99,163 ​ — ​ 99,163 ​ — Total securities available-for-sale ​ $ 561,663 ​ $ — ​ $ 561,663 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant Other ​ Significant ​ ​ Total at ​ for Identical ​ Observable ​ Unobservable ​ ​ December 31, ​ Assets ​ Inputs ​ Inputs ​ ​ 2021 ​ (Level 1) ​ (Level 2) ​ (Level 3) U.S. government agencies ​ 79,706 ​ $ — ​ $ 79,706 ​ $ — Mortgage-backed securities ​ 270,432 ​ — ​ 270,432 ​ — Corporate securities ​ ​ 20,211 ​ ​ — ​ ​ 20,211 ​ ​ — Obligations of states and political subdivisions ​ 94,448 ​ — ​ 94,448 ​ — Total securities available-for-sale ​ $ 464,797 ​ $ — ​ $ 464,797 ​ $ —
Schedule of assets measured at fair value on a non-recurring	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ ​ ​ Quoted Prices ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ Other ​ Significant ​ ​ Total at ​ Markets for ​ Observable ​ Unobservable ​ June 30, 2022 Identical Assets Inputs Inputs ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) Impaired loans ​ $ 9,567 ​ $ — ​ $ — ​ $ 9,567 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements Using: ​ ​ ​ ​ ​ Quoted Prices ​ Significant ​ ​ ​ ​ ​ ​ ​ ​ in Active ​ Other ​ Significant ​ ​ Total at ​ Markets for ​ Observable ​ Unobservable ​ December 31, 2021 Identical Assets Inputs Inputs ​ ​ ​ (Level 1) ​ (Level 2) ​ (Level 3) Impaired loans ​ $ 6,689 ​ $ — ​ $ — ​ $ 6,689
Schedule of level 3 fair value measured at fair value on a non-recurring	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Range June 30, 2022 ​ Value ​ Valuation Technique ​ Unobservable Input ​ (Weighted Average) Impaired loans ​ $ 9,567 ​ Appraisal of collateral (1) ​ Appraisal and liquidation ​ 20%-40% ​ ​ ​ ​ ​ ​ ​ ​ adjustments (2) ​ (32%) ​ (1) Fair value is generally determined through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted downward by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Summary of carrying amounts and estimated fair values of financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Carrying Fair ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Value ​ Level 1 ​ Level 2 ​ Level 3 Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 271,445 ​ $ 271,445 ​ $ 271,445 ​ $ — ​ $ — Loans, net ​ 1,448,086 ​ 1,425,639 ​ — ​ — ​ 1,425,639 Accrued interest receivable ​ 6,947 ​ 6,947 ​ — ​ 2,113 ​ 4,834 Restricted investment in bank stocks ​ 3,063 ​ NA ​ — ​ — ​ — Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ 2,203,448 ​ 2,203,448 ​ 2,130,408 ​ 73,040 ​ — Note payable ​ 3,000 ​ 2,989 ​ — ​ 2,989 ​ — Subordinated notes, net of issuance costs ​ 19,413 ​ 17,943 ​ — ​ 17,943 ​ — Accrued interest payable ​ 247 ​ 247 ​ — ​ 247 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Carrying Fair ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ Value ​ Level 1 ​ Level 2 ​ Level 3 Financial assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks ​ $ 306,179 ​ $ 306,179 ​ $ 306,179 ​ $ — ​ $ — Loans, net ​ 1,273,767 ​ 1,260,146 ​ — ​ — ​ 1,260,146 Accrued interest receivable ​ 6,643 ​ 6,643 ​ — ​ 1,603 ​ 5,040 Restricted investment in bank stocks ​ 2,217 ​ NA ​ — ​ — ​ — Financial liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Deposits ​ 1,914,384 ​ 1,914,271 ​ 1,831,944 ​ 82,327 ​ — Note payable ​ 3,000 ​ 3,030 ​ — ​ 3,030 ​ — Subordinated notes, net of issuance costs ​ 19,376 ​ 18,867 ​ — ​ 18,867 ​ — Accrued interest payable ​ 250 ​ 250 ​ — ​ 250 ​ —

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Deposits
Summary of analysis of deposits	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 December 31, 2021 ​ Non-interest bearing demand accounts ​ $ 791,778 ​ $ 701,645 ​ Interest-bearing demand accounts ​ 378,859 ​ 301,596 ​ Money market accounts ​ 718,538 ​ 615,111 ​ Savings accounts ​ 241,233 ​ 213,592 ​ Certificates of Deposit ​ 73,040 ​ 82,440 ​ Total deposits ​ $ 2,203,448 ​ $ 1,914,384 ​
Schedule of maturities of time deposits	​ ​ ​ ​ ​ 2022 $ 41,611 2023 ​ ​ 19,810 2024 ​ 4,238 2025 ​ 7,381 ​ ​ $ 73,040

Pension Plan and Stock Compen_2

Pension Plan and Stock Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of components of net periodic benefit cost	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 ​ 2022 2021 Service cost ​ $ — ​ $ 47 ​ $ — ​ $ 94 Interest cost ​ 202 ​ 190 ​ 404 ​ 380 Expected return on plan assets ​ (496) ​ (515) ​ (992) ​ (1,030) Amortization of transition cost ​ (7) ​ (12) ​ (14) ​ (24) Amortization of net loss ​ — ​ 5 ​ — ​ 10 Net periodic benefit cost/(income) ​ $ (301) ​ $ (285) ​ $ (602) ​ $ (570)
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of restricted stock awards activity	​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average Fair ​ ​ Shares ​ Value Non-vested at beginning of period 22,922 ​ $ 28.92 Granted — ​ $ ​ Vested (11,245) ​ $ 28.59 Forfeited — ​ $ ​ Non-vested at end of period 11,677 ​ $ 29.24
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of restricted stock awards activity	​ ​ ​ ​ ​ ​ Restricted Stock Units Non-vested RSUs at beginning of period 48,004 Granted 17,555 Vested — Issued ​ (2,000) Forfeited (2,096) Non-vested RSUs at end of period 61,463

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss).
Summary of changes in accumulated other comprehensive income (loss)	The following is a summary of changes in accumulated other comprehensive income (loss) by component, net of tax, for the three and six months ended June 30, 2022 and 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2022 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ (23,666) ​ $ (2,308) ​ $ 132 $ (25,842) Other comprehensive income/(loss) before reclassification ​ (20,114) ​ 206 ​ (3) ​ (19,911) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 8 ​ — ​ 8 Net current period other comprehensive income/(loss) ​ (20,114) ​ 198 ​ (3) ​ (19,919) Ending balance ​ $ (43,780) ​ $ (2,110) ​ $ 129 $ (45,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2022 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ (1,072) ​ $ (2,506) ​ $ 135 ​ $ (3,443) Other comprehensive income/(loss) before reclassification ​ (42,708) ​ 412 ​ (6) ​ (42,302) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 16 ​ — ​ 16 Net current period other comprehensive income/(loss) ​ (42,708) ​ 396 ​ (6) ​ (42,318) Ending balance ​ $ (43,780) ​ $ (2,110) ​ $ 129 $ (45,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2021 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ 573 ​ $ (3,277) ​ $ 145 ​ $ (2,559) Other comprehensive income/(loss) before reclassification ​ 1,436 ​ — ​ (4) ​ 1,432 Less amounts reclassified from accumulated other comprehensive income ​ — ​ 11 ​ — ​ 11 Net current period other comprehensive income/(loss) ​ 1,436 ​ 11 ​ (4) ​ 1,443 Ending balance ​ $ 2,009 ​ $ (3,266) ​ $ 141 ​ $ (1,116) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2021 ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ ​ Deferred ​ ​ ​ ​ Available-for- ​ Defined Benefit ​ Compensation ​ ​ ​ ​ Sale Securities ​ Pension Items ​ Liability ​ Total Beginning balance ​ $ 4,949 ​ $ (3,277) ​ $ 147 ​ $ 1,819 Other comprehensive income/(loss) before reclassification ​ (2,940) ​ — ​ (6) ​ (2,946) Less amounts reclassified from accumulated other comprehensive income ​ — ​ 11 ​ — ​ 11 Net current period other comprehensive income/(loss) ​ (2,940) ​ 11 ​ (6) ​ (2,935) Ending balance ​ $ 2,009 ​ $ (3,266) ​ $ 141 ​ $ (1,116)
Summary of significant amounts reclassified out of each component of accumulated other comprehensive income (loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount Reclassified from Accumulated Other Comprehensive Income ​ Affected Line Item in the Statement where ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Income is Presented ​ ​ Three Months Ended June 30, Six Months Ended June 30, ​ Details about Accumulated Other Comprehensive Income Components ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ ​ Unrealized gains and losses on available-for-sale securities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Realized (losses) gains on securities available-for-sale ​ $ — ​ $ — ​ $ — ​ $ — ​ Investment security gains (losses) Total before tax ​ — ​ — ​ — ​ — ​ ​ Tax effect ​ — ​ — ​ — ​ — ​ Provision for income taxes Net of tax ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortization of defined benefit pension items ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Transition asset ​ $ (7) ​ $ (24) ​ $ (14) ​ $ (24) ​ Other expense Actuarial gains (losses) ​ - ​ 10 ​ — ​ 10 ​ Other expense Total before tax ​ (7) ​ (14) ​ (14) ​ (14) ​ ​ Tax effect ​ (1) ​ (3) ​ (2) ​ (3) ​ Provision for income taxes Net of tax ​ $ (8) ​ $ (11) ​ $ (16) ​ $ (11) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications for the period, net of tax ​ $ (8) ​ $ (11) ​ $ (16) ​ $ (11) ​

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contracts with Customers
Schedule of noninterest income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ ​ ​ 2022 ​ 2021 ​ 2022 ​ 2021 ​ Noninterest Income ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Service charges on deposit accounts ​ $ 161 ​ $ 158 ​ $ 329 ​ $ 333 ​ Trust income ​ 1,223 ​ 1,184 ​ 2,393 ​ 2,307 ​ Investment advisory income ​ 1,099 ​ 1,235 ​ 2,300 ​ 2,411 ​ Earnings on bank owned life insurance (a) ​ 236 ​ 173 ​ 469 ​ 344 ​ Other (b) ​ 258 ​ 278 ​ 491 ​ 524 ​ Total Noninterest Income ​ $ 2,977 ​ $ 3,028 ​ $ 5,982 ​ $ 5,919 ​ (a) Not within the scope of ASC 606. (b) The Other category includes safe deposit income, checkbook fees, and debit card fee income, totaling $222 and $206 for the three months ended June 30, 2022 and 2021, respectively, and $413 and $392 for the six months ended June 30, 2022 and 2021, that are within the scope of ASC 606 and loan related fee income and miscellaneous income, totaling $35 and $72 for the three months ended June 30, 2022 and 2021, respectively, and $78 and $132 for the six months ended June 30, 2022 and 2021 which are outside the scope of ASC 606.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Information
Schedule of segment information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended June 30, 2022 ​ For the six months ended June 30, 2022 ​ Banking Wealth Management Total Segments Banking Wealth Management Total Segments Net interest income ​ $ 17,509 ​ $ — ​ $ 17,509 ​ $ 33,848 ​ $ — ​ $ 33,848 Noninterest income ​ 654 ​ 2,323 ​ 2,977 ​ 1,289 ​ 4,693 ​ 5,982 Provision for loan loss ​ (5,510) ​ — ​ (5,510) ​ (6,433) ​ — ​ (6,433) Noninterest expenses ​ (10,642) ​ (1,824) ​ (12,466) ​ (20,573) ​ (3,714) ​ (24,287) Income tax expense ​ (295) ​ (105) ​ (400) ​ (1,464) ​ (206) ​ (1,670) Net income ​ $ 1,716 ​ $ 394 ​ $ 2,110 ​ $ 6,667 ​ $ 773 ​ $ 7,440 Total assets ​ $ 2,384,424 ​ $ 7,625 ​ $ 2,392,049 ​ $ 2,384,424 ​ $ 7,625 ​ $ 2,392,049 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended June 30, 2021 ​ For the six months ended June 30, 2021 ​ Banking Wealth Management Total Segments Banking Wealth Management Total Segments Net interest income ​ $ 14,632 ​ $ — ​ $ 14,632 ​ $ 28,372 ​ $ — ​ $ 28,372 Noninterest income ​ 609 ​ 2,419 ​ 3,028 ​ 1,201 ​ 4,718 ​ 5,919 Provision for loan loss ​ (809) ​ — ​ (809) ​ (875) ​ — ​ (875) Noninterest expenses ​ (8,723) ​ (1,678) ​ (10,401) ​ (17,395) ​ (3,321) ​ (20,716) Income tax expense ​ (1,101) ​ (156) ​ (1,257) ​ (2,189) ​ (293) ​ (2,482) Net income ​ $ 4,608 ​ $ 585 ​ $ 5,193 ​ $ 9,114 ​ $ 1,104 ​ $ 10,218 Total assets ​ $ 2,043,970 ​ $ 8,262 ​ $ 2,052,232 ​ $ 2,043,970 ​ ​ 8,262 ​ $ 2,052,232

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	6 Months Ended
	Jun. 30, 2022
Regulatory Capital Matters
Schedule of actual and required capital amounts and ratios	Actual and required capital amounts and ratios are presented below at June 30, 2022 and December 31, 2021 for the Bank. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ For Capital Adequacy ​ under Prompt ​ ​ Actual ​ Purposes ​ Purposes with Capital Buffer ​ Corrective Action Provisions ​ Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk weighted assets ​ $ 211,172 13.17 % $ 128,259 8.00 % $ 158,320 9.875 % $ 160,324 10.00 % Tier 1 (Core) capital to risk weighted assets ​ 191,085 11.92 % 96,194 6.00 % 126,255 7.875 % 128,259 8.00 % Common Tier 1 (CET1) to risk weighted assets ​ 191,085 11.92 % 72,146 4.50 % 102,207 6.375 % 104,211 6.50 % Tier 1 (Core) Capital to average assets ​ 191,085 8.09 % 94,483 4.00 % N/A N/A ​ 118,104 5.00 % December 31, 2021 ​ ​ ​ ​ ​ Total capital to risk weighted assets ​ $ 192,359 14.12 % $ 109,000 8.00 % $ 134,546 9.875 % $ 136,250 10.00 % Tier 1 (Core) capital to risk weighted assets ​ 175,318 12.87 % 81,750 6.00 % 107,296 7.875 % 109,000 8.00 % Common Tier 1 (CET1) to risk weighted assets ​ 175,318 12.87 % 61,312 4.50 % 86,859 6.375 % 88,562 6.50 % Tier 1 (Core) Capital to average assets ​ 175,318 8.15 % 86,093 4.00 % N/A N/A ​ 107,616 5.00 %

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies - Nature of Operations and Principles of Consolidation (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) location	Dec. 31, 2021 USD ($)
Loans
Assets held in an agency or fiduciary capacity | $	$ 1,150,156	$ 1,325,894
Orange County
Loans
Number of offices in New York	8
Westchester County
Loans
Number of offices in New York	7
Rockland County
Loans
Number of offices in New York	2
Bronx County
Loans
Number of offices in New York	1

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Investment securities
Amortized Cost	$ 617,079	$ 466,153
Unrealized Gains	133	4,152
Unrealized Losses	(55,549)	(5,508)
Fair Value	561,663	464,797
U.S. government agencies
Investment securities
Amortized Cost	110,697	80,596
Unrealized Gains	60	440
Unrealized Losses	(7,145)	(1,330)
Fair Value	103,612	79,706
Mortgage-backed securities
Investment securities
Amortized Cost	369,720	272,931
Unrealized Gains		1,285
Unrealized Losses	(33,768)	(3,784)
Fair Value	335,952	270,432
Corporate Bonds
Investment securities
Amortized Cost	24,070	20,081
Unrealized Gains		278
Unrealized Losses	(1,134)	(148)
Fair Value	22,936	20,211
Obligations of states and political subdivisions
Investment securities
Amortized Cost	112,592	92,545
Unrealized Gains	73	2,149
Unrealized Losses	(13,502)	(246)
Fair Value	$ 99,163	$ 94,448

Investment Securities - Gains a

Investment Securities - Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Investment Securities
Proceeds	$ 0	$ 0	$ 0	$ 0
Gross gains	0	0	0	0
Gross losses	$ 0	$ 0	$ 0	$ 0

Investment Securities - Contrac

Investment Securities - Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amortized Cost
Due in one year or less, Amortized Cost	$ 4,096
Due after one through five years, Amortized Cost	26,347
Due after five through ten years, Amortized Cost	68,796
Due after ten years, Amortized Cost	148,120
Total, Amortized Cost	247,359
Mortgage-backed securities	369,720
Amortized Cost	617,079	$ 466,153
Fair Value
Due in one year or less, Fair Value	4,107
Due after one through five years, Fair Value	25,935
Due after five through ten years, Fair Value	63,510
Due after ten years, Fair Value	132,159
Total, Fair Value	225,711
Mortgage-backed securities	335,952
Total debt securities, Fair Value	561,663	464,797
Mortgage-backed securities
Amortized Cost
Amortized Cost	369,720	272,931
Fair Value
Total debt securities, Fair Value	335,952	270,432
Debt securities pledged as collateral	$ 374,620	$ 233,907

Investment Securities - Securit

Investment Securities - Securities with unrealized and unrecognized losses (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Investment securities
Fair Value, Less than 12 Months	$ 425,481	$ 210,546
Fair Value, 12 Months or More	68,530	49,642
Fair Value, Total	494,011	260,188
Unrealized Losses, Less than 12 Months	(44,782)	(3,680)
Unrealized Losses, 12 Months or More	(10,767)	(1,828)
Unrealized Losses, Total	(55,549)	(5,508)
U.S. government agencies
Investment securities
Fair Value, Less than 12 Months	39,817	10,337
Fair Value, 12 Months or More	26,540	32,210
Fair Value, Total	66,357	42,547
Unrealized Losses, Less than 12 Months	(3,277)	(121)
Unrealized Losses, 12 Months or More	(3,868)	(1,209)
Unrealized Losses, Total	(7,145)	(1,330)
Mortgage-backed securities
Investment securities
Fair Value, Less than 12 Months	287,003	177,506
Fair Value, 12 Months or More	39,102	14,134
Fair Value, Total	326,105	191,640
Unrealized Losses, Less than 12 Months	(27,386)	(3,273)
Unrealized Losses, 12 Months or More	(6,382)	(511)
Unrealized Losses, Total	(33,768)	(3,784)
Corporate Bonds
Investment securities
Fair Value, Less than 12 Months	18,936	9,354
Fair Value, Total	18,936	9,354
Unrealized Losses, Less than 12 Months	(1,134)	(148)
Unrealized Losses, Total	(1,134)	(148)
Obligations of states and political subdivisions
Investment securities
Fair Value, Less than 12 Months	79,725	13,349
Fair Value, 12 Months or More	2,888	3,298
Fair Value, Total	82,613	16,647
Unrealized Losses, Less than 12 Months	(12,985)	(138)
Unrealized Losses, 12 Months or More	(517)	(108)
Unrealized Losses, Total	$ (13,502)	$ (246)

Investment Securities - Narrati

Investment Securities - Narrative (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Investment Securities
Other than temporary impairment loss recognized | $	$ 0	$ 0
Number of securities in portfolio	295	252
Number of unrealized loss positions	229	78

Loans (Details)

Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans
Total loans	$ 1,471,728	$ 1,291,428
Commercial and industrial. | Commercial and industrial
Loans
Total loans	273,464	268,508
Commercial and industrial. | Paycheck Protection Program
Loans
Total loans	9,042	38,114
Commercial real estate. | Commercial real estate
Loans
Total loans	986,032	852,707
Commercial real estate. | Commercial real estate construction
Loans
Total loans	113,475	72,250
Residential real estate. | Residential real estate
Loans
Total loans	68,529	65,248
Residential real estate. | Home equity
Loans
Total loans	12,782	13,638
Consumer
Loans
Total loans	$ 17,446	$ 19,077

Loans - Allowance for loan loss

Loans - Allowance for loan losses by portfolio segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Allowance for loan losses:
Beginning balance	$ 18,427	$ 16,283	$ 17,661	$ 16,172
Provision for loan losses	5,510	809	6,433	875
Charge-offs	(340)	(151)	(507)	(215)
Recoveries	45	108	55	217
Ending balance	23,642	17,049	23,642	17,049
Allowance for loan losses:
individually evaluated for impairment	5,433		5,433		$ 1,433
collectively evaluated for impairment	18,209		18,209		16,228
Total ending allowance balance	23,642	17,049	23,642	17,049	17,661
Loans:
individually evaluated for impairment	40,177		40,177		25,866
collectively evaluated for impairment	1,431,551		1,431,551		1,265,562
Total ending loans balance	1,471,728		1,471,728		1,291,428
Commercial and industrial. | Commercial and industrial
Allowance for loan losses:
Beginning balance	5,408	5,015	4,901	4,795
Provision for loan losses	3,944	(72)	4,492	77
Charge-offs	(29)	(89)	(76)	(105)
Recoveries	9	92	15	179
Ending balance	9,332	4,946	9,332	4,946
Allowance for loan losses:
individually evaluated for impairment	4,985		4,985		137
collectively evaluated for impairment	4,347		4,347		4,764
Total ending allowance balance	9,332	4,946	9,332	4,946	4,901
Loans:
individually evaluated for impairment	14,800		14,800		952
collectively evaluated for impairment	258,664		258,664		267,556
Total ending loans balance	273,464		273,464		268,508
Commercial and industrial. | Paycheck Protection Program
Loans:
Total ending loans balance	9,042		9,042		38,114
Commercial real estate. | Commercial real estate
Allowance for loan losses:
Beginning balance	11,073	9,545	11,183	9,782
Provision for loan losses	1,230	1,039	1,120	844
Charge-offs		(60)		(103)
Recoveries		12		13
Ending balance	12,303	10,536	12,303	10,536
Allowance for loan losses:
individually evaluated for impairment	426		426		1,272
collectively evaluated for impairment	11,877		11,877		9,911
Total ending allowance balance	12,303	10,536	12,303	10,536	11,183
Loans:
individually evaluated for impairment	23,404		23,404		23,523
collectively evaluated for impairment	962,628		962,628		829,184
Total ending loans balance	986,032		986,032		852,707
Commercial real estate. | Commercial real estate construction
Allowance for loan losses:
Beginning balance	1,296	1,002	964	801
Provision for loan losses	22	(54)	354	147
Ending balance	1,318	948	1,318	948
Allowance for loan losses:
collectively evaluated for impairment	1,318		1,318		964
Total ending allowance balance	1,318	948	1,318	948	964
Loans:
collectively evaluated for impairment	113,475		113,475		72,250
Total ending loans balance	113,475		113,475		72,250
Residential real estate. | Residential real estate
Allowance for loan losses:
Beginning balance	294	346	272	381
Provision for loan losses	56	(45)	78	(80)
Charge-offs	(51)		(51)
Ending balance	299	301	299	301
Allowance for loan losses:
collectively evaluated for impairment	299		299		272
Total ending allowance balance	299	301	299	301	272
Loans:
individually evaluated for impairment	1,809		1,809		1,227
collectively evaluated for impairment	66,720		66,720		64,021
Total ending loans balance	68,529		68,529		65,248
Residential real estate. | Home equity
Allowance for loan losses:
Beginning balance	69	65	80	77
Provision for loan losses	(1)	(5)	(12)	(17)
Ending balance	68	60	68	60
Allowance for loan losses:
collectively evaluated for impairment	68		68		80
Total ending allowance balance	68	60	68	60	80
Loans:
individually evaluated for impairment	55		55		50
collectively evaluated for impairment	12,727		12,727		13,588
Total ending loans balance	12,782		12,782		13,638
Consumer
Allowance for loan losses:
Beginning balance	287	310	261	336
Provision for loan losses	259	(54)	401	(96)
Charge-offs	(260)	(2)	(380)	(7)
Recoveries	36	4	40	25
Ending balance	322	258	322	258
Allowance for loan losses:
individually evaluated for impairment	22		22		24
collectively evaluated for impairment	300		300		237
Total ending allowance balance	322	$ 258	322	$ 258	261
Loans:
individually evaluated for impairment	109		109		114
collectively evaluated for impairment	17,337		17,337		18,963
Total ending loans balance	$ 17,446		$ 17,446		$ 19,077

Loans - Loans individually eval

Loans - Loans individually evaluated (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Unpaid Principal Balance
With no related allowance recorded	$ 20,014		$ 20,014		$ 15,497
With an allowance recorded	20,669		20,669		10,742
Recorded Investment
With no related allowance recorded	19,508		19,508		15,159
With an allowance recorded	20,669		20,669		10,707
Allowance for Loan Losses Allocated	5,433		5,433		1,433
Average Recorded Investment
With no related allowance recorded	19,612	$ 10,688	17,818	$ 10,737
With an allowance recorded	20,778	19,624	15,468	19,746
Interest Income Recognized
With no related allowance recorded			171	241
With an allowance recorded			102	482
Cash Basis Interest Recognized
With no related allowance recorded	172	120
With an allowance recorded	94	240
Commercial and industrial.
Unpaid Principal Balance
With an allowance recorded					951
Recorded Investment
With an allowance recorded					951
Allowance for Loan Losses Allocated					137
Commercial and industrial. | Commercial and industrial
Unpaid Principal Balance
With no related allowance recorded					1
With an allowance recorded	14,800		14,800
Recorded Investment
With no related allowance recorded					1
With an allowance recorded	14,800		14,800
Allowance for Loan Losses Allocated	4,985		4,985
Average Recorded Investment
With no related allowance recorded		330		335
With an allowance recorded	20,334	2,928	10,833	3,023
Interest Income Recognized
With no related allowance recorded				9
With an allowance recorded			60	83
Cash Basis Interest Recognized
With no related allowance recorded		4
With an allowance recorded	93	40
Commercial real estate.
Unpaid Principal Balance
With an allowance recorded					9,593
Recorded Investment
With an allowance recorded					9,570
Allowance for Loan Losses Allocated					1,272
Commercial real estate. | Commercial real estate
Unpaid Principal Balance
With no related allowance recorded	18,136		18,136		14,291
With an allowance recorded	5,760		5,760
Recorded Investment
With no related allowance recorded	17,644		17,644		13,953
With an allowance recorded	5,760		5,760
Allowance for Loan Losses Allocated	426		426
Average Recorded Investment
With no related allowance recorded	17,743	9,186	16,242	9,228
With an allowance recorded	334	16,499	4,523	16,524
Interest Income Recognized
With no related allowance recorded			160	216
With an allowance recorded			41	396
Cash Basis Interest Recognized
With no related allowance recorded	159	108
With an allowance recorded		198
Commercial real estate. | Commercial real estate construction
Average Recorded Investment
With no related allowance recorded	578	578	578	578
Residential real estate.
Unpaid Principal Balance
With an allowance recorded					84
Recorded Investment
With an allowance recorded					72
Residential real estate. | Residential real estate
Unpaid Principal Balance
With no related allowance recorded	1,821		1,821		1,155
Recorded Investment
With no related allowance recorded	1,809		1,809		1,155
Average Recorded Investment
With no related allowance recorded	1,291	594	998	596
With an allowance recorded		76		77
Interest Income Recognized
With no related allowance recorded			11	16
Cash Basis Interest Recognized
With no related allowance recorded	13	8
Residential real estate. | Home equity
Unpaid Principal Balance
With no related allowance recorded	57		57		50
Recorded Investment
With no related allowance recorded	55		55		50
Consumer
Unpaid Principal Balance
With an allowance recorded	109		109		114
Recorded Investment
With an allowance recorded	109		109		114
Allowance for Loan Losses Allocated	22		22		$ 24
Average Recorded Investment
With an allowance recorded	110	121	112	122
Interest Income Recognized
With an allowance recorded			$ 1	$ 3
Cash Basis Interest Recognized
With an allowance recorded	$ 1	$ 2

Loans - Recorded investment in

Loans - Recorded investment in non-accrual and loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans
Non-accrual	$ 18,878	$ 4,560
Loans Past Due Over 90 Days Non-accrual Still Accruing	1,567	1,393
Commercial and industrial. | Commercial and industrial
Loans
Non-accrual	14,167
Loans Past Due Over 90 Days Non-accrual Still Accruing	1,114	720
Commercial real estate. | Commercial real estate
Loans
Non-accrual	4,055	3,928
Loans Past Due Over 90 Days Non-accrual Still Accruing		465
Residential real estate. | Residential real estate
Loans
Non-accrual	601	578
Residential real estate. | Home equity
Loans
Non-accrual	55	50
Consumer
Loans
Non-accrual		4
Loans Past Due Over 90 Days Non-accrual Still Accruing	$ 453	$ 208

Loans - Aging of the recorded i

Loans - Aging of the recorded investment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
30 - 59 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	$ 1,462	$ 1,701
60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	2,013	4,742
Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	3,342	2,721
Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	6,817	9,164
Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,464,911	1,282,264
Commercial and industrial. | Commercial and industrial | 30 - 59 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	252	541
Commercial and industrial. | Commercial and industrial | 60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,264	1,519
Commercial and industrial. | Commercial and industrial | Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,614	720
Commercial and industrial. | Commercial and industrial | Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	3,130	2,780
Commercial and industrial. | Commercial and industrial | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	270,334	265,728
Commercial real estate. | Commercial real estate | 30 - 59 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,112
Commercial real estate. | Commercial real estate | 60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans		2,873
Commercial real estate. | Commercial real estate | Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	697	1,161
Commercial real estate. | Commercial real estate | Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,809	4,034
Commercial real estate. | Commercial real estate | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	984,223	848,673
Commercial real estate. | Commercial real estate construction | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	113,475	72,250
Residential real estate. | Residential real estate | 30 - 59 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans		26
Residential real estate. | Residential real estate | 60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	568
Residential real estate. | Residential real estate | Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	578	578
Residential real estate. | Residential real estate | Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	1,146	604
Residential real estate. | Residential real estate | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	67,383	64,644
Residential real estate. | Home equity | 60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans		58
Residential real estate. | Home equity | Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans		50
Residential real estate. | Home equity | Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans		108
Residential real estate. | Home equity | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	12,782	13,530
Consumer | 30 - 59 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	98	1,134
Consumer | 60 - 89 Days Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	181	292
Consumer | Greater Than 90 Days
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	453	212
Consumer | Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	732	1,638
Consumer | Not Past Due
Financing Receivable, Recorded Investments, Aging [Abstract]
Loans	$ 16,714	$ 17,439

Loans - Troubled debt restructu

Loans - Troubled debt restructurings (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Loans
Loans in process of foreclosure	$ 2,572		$ 2,024
Recorded investment in troubled debt restructurings	14,296		14,500
Allocated specific allowance	318		687
Commitments to lend additional funds	0		0
Loans restructured loans that defaulted	$ 0	$ 0
Loans modified resulting in TDRs	0	0
Residential real estate. | Residential real estate
Loans
Loans in process of foreclosure	$ 1,125		$ 578

Loans - Risk category of loans

Loans - Risk category of loans by class of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans
Loans	$ 1,471,728	$ 1,291,428
Pass
Loans
Loans	1,432,549	1,256,950
Special Mention
Loans
Loans	6,344	4,885
Substandard
Loans
Loans	19,190	29,593
Doubtful
Loans
Loans	13,645
Commercial and industrial. | Commercial and industrial
Loans
Loans	273,464	268,508
Commercial and industrial. | Commercial and industrial | Pass
Loans
Loans	258,020	252,268
Commercial and industrial. | Commercial and industrial | Special Mention
Loans
Loans	644	4,156
Commercial and industrial. | Commercial and industrial | Substandard
Loans
Loans	1,155	12,084
Commercial and industrial. | Commercial and industrial | Doubtful
Loans
Loans	13,645
Commercial real estate. | Commercial real estate
Loans
Loans	986,032	852,707
Commercial real estate. | Commercial real estate | Pass
Loans
Loans	964,201	835,787
Commercial real estate. | Commercial real estate | Special Mention
Loans
Loans	5,700	679
Commercial real estate. | Commercial real estate | Substandard
Loans
Loans	16,131	16,241
Commercial real estate. | Commercial real estate construction
Loans
Loans	113,475	72,250
Commercial real estate. | Commercial real estate construction | Pass
Loans
Loans	113,475	72,250
Residential real estate. | Residential real estate
Loans
Loans	68,529	65,248
Residential real estate. | Residential real estate | Pass
Loans
Loans	66,789	64,094
Residential real estate. | Residential real estate | Substandard
Loans
Loans	1,740	1,154
Residential real estate. | Home equity
Loans
Loans	12,782	13,638
Residential real estate. | Home equity | Pass
Loans
Loans	12,727	13,588
Residential real estate. | Home equity | Special Mention
Loans
Loans		50
Residential real estate. | Home equity | Substandard
Loans
Loans	55
Consumer
Loans
Loans	17,446	19,077
Consumer | Pass
Loans
Loans	17,337	18,963
Consumer | Substandard
Loans
Loans	$ 109	$ 114

Loans - Narrative (Details)

Loans - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans
Loans	$ 1,471,728	$ 1,291,428
Directors and principal officers of the Company, including their immediate families
Loans
Loans	$ 11,866	$ 5,076

Fair Value - Assets and liabili

Fair Value - Assets and liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value
Transfer of assets, Level 1 to level 2	$ 0	$ 0
Transfer of assets, Level 2 to level 1	0	0
Transfer of liabilities, Level 1 to level 2	0	0
Transfer of liabilities, Level 2 to level 1	0	0
Recurring
Fair Value
Total securities available for sale	561,663	464,797
Recurring | U.S. government agencies
Fair Value
Total securities available for sale	103,612	79,706
Recurring | Mortgage-backed securities
Fair Value
Total securities available for sale	335,952	270,432
Recurring | Corporate Bonds
Fair Value
Total securities available for sale	22,936	20,211
Recurring | Obligations of states and political subdivisions
Fair Value
Total securities available for sale	99,163	94,448
Recurring | Level 2
Fair Value
Total securities available for sale	561,663	464,797
Recurring | Level 2 | U.S. government agencies
Fair Value
Total securities available for sale	103,612	79,706
Recurring | Level 2 | Mortgage-backed securities
Fair Value
Total securities available for sale	335,952	270,432
Recurring | Level 2 | Corporate Bonds
Fair Value
Total securities available for sale	22,936	20,211
Recurring | Level 2 | Obligations of states and political subdivisions
Fair Value
Total securities available for sale	$ 99,163	$ 94,448

Fair Value - Non-recurring (Det

Fair Value - Non-recurring (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value
Reserves allocated to impaired loans	$ 5,433	$ 1,433
Nonrecurring
Fair Value
Impaired loans	9,567	6,689
Level 3 | Nonrecurring
Fair Value
Impaired loans	9,567	6,689
Reserves allocated to impaired loans	$ 31	$ 409

Fair Value - Level 3 (Details)

Fair Value - Level 3 (Details) - Nonrecurring $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value
Impaired loans	$ 9,567	$ 6,689
Level 3
Fair Value
Impaired loans	9,567	$ 6,689
Level 3 | Appraisal of collateral | Appraisal and liquidation adjustment
Fair Value
Impaired loans	$ 9,567
Level 3 | Appraisal of collateral | Appraisal and liquidation adjustment | Weighted average
Fair Value
Impaired loans, Measurement input	(32)

Fair Value - Carrying amounts a

Fair Value - Carrying amounts and estimated fair values (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Carrying Amount
Financial assets:
Cash and due from banks	$ 271,445	$ 306,179
Loans, net	1,448,086	1,273,767
Accrued interest receivable	6,947	6,643
Restricted investment in bank stocks	3,063	2,217
Financial liabilities:
Deposits	2,203,448	1,914,384
Note payable	3,000	3,000
Subordinated notes, net of issuance costs	19,413	19,376
Accrued interest payable	247	250
Fair Value.
Financial assets:
Cash and due from banks	271,445	306,179
Loans, net	1,425,639	1,260,146
Accrued interest receivable	6,947	6,643
Financial liabilities:
Deposits	2,203,448	1,914,271
Note payable	2,989	3,030
Subordinated notes, net of issuance costs	17,943	18,867
Accrued interest payable	247	250
Fair Value. | Level 1
Financial assets:
Cash and due from banks	271,445	306,179
Financial liabilities:
Deposits	2,130,408	1,831,944
Fair Value. | Level 2
Financial assets:
Accrued interest receivable	2,113	1,603
Financial liabilities:
Deposits	73,040	82,327
Note payable	2,989	3,030
Subordinated notes, net of issuance costs	17,943	18,867
Accrued interest payable	247	250
Fair Value. | Level 3
Financial assets:
Loans, net	1,425,639	1,260,146
Accrued interest receivable	$ 4,834	$ 5,040

Deposits - Analysis of deposits

Deposits - Analysis of deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposits
Non-interest bearing demand accounts	$ 791,778	$ 701,645
Interest-bearing demand accounts	378,859	301,596
Money market accounts	718,538	615,111
Savings accounts	241,233	213,592
Certificates of Deposit	73,040	82,440
Total deposits	2,203,448	1,914,384
Time deposits exceeding FDIC insurance limit of $250	$ 20,042	$ 23,859

Deposits - Scheduled maturities

Deposits - Scheduled maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposits
2022	$ 41,611
2023	19,810
2024	4,238
2025	7,381
Total	73,040
Deposits of executive officers, directors and principal officers	$ 15,356	$ 6,109

Pension Plan and Stock Compen_3

Pension Plan and Stock Compensation - Pension Plan (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension Plan and Stock Compensation
Service cost		$ 47		$ 94
Interest cost	$ 202	190	$ 404	380
Expected return on plan assets	(496)	(515)	(992)	(1,030)
Amortization of transition cost	(7)	(12)	(14)	(24)
Amortization of net loss		5		10
Net periodic benefit cost/(income)	$ (301)	$ (285)	$ (602)	$ (570)

Pension Plan and Stock Compen_4

Pension Plan and Stock Compensation - Stock Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
	Sep. 22, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension Plan and Stock Compensation
Stock-based compensation costs				$ 104	$ 69
Restricted stock expense				100	$ 262
Granted					15,162
Restricted Stock Awards
Pension Plan and Stock Compensation
Restricted stock expense		$ 33	$ 162	$ 100	$ 262
Granted				0
Vesting percentage				33%
Unamortized expense		$ 123		$ 123
Shares
Non-vested at beginning of period (in shares)				22,922
Vested (in shares)				(11,245)
Non-vested at end of period (in shares)		11,677		11,677
Weighted Average Fair Value
Non-vested at beginning of period (in dollars per share)				$ 28.92
Vested (in dollars per share)				28.59
Non-vested at end of period (in dollars per share)		$ 29.24		$ 29.24
Restricted Stock Units (RSUs)
Shares
Non-vested at beginning of period (in shares)				48,004
Granted (in shares)	48,004			17,555
Issued (in shares)				(2,000)
Forfeited (in shares)				(2,096)
Non-vested at end of period (in shares)		61,463		61,463

Pension Plan and Stock Compen_5

Pension Plan and Stock Compensation - Restricted Stock Units (Details) - USD ($) $ in Thousands		6 Months Ended
	Sep. 22, 2021	Jun. 30, 2022
Pension Plan and Stock Compensation
Maximum discretionary contributions to a KSOP trust	$ 200,000
Restricted Stock Units (RSUs)
Pension Plan and Stock Compensation
Granted (in shares)	48,004	17,555
Restricted Stock Units (RSUs) | Officers
Pension Plan and Stock Compensation
Granted (in shares)	31,504
Vesting period	3 years
Restricted Stock Units (RSUs) | Officers | First anniversary
Pension Plan and Stock Compensation
Vesting percentage	33%
Restricted Stock Units (RSUs) | Officers | Second anniversary
Pension Plan and Stock Compensation
Vesting percentage	33%
Restricted Stock Units (RSUs) | Officers | Third anniversary
Pension Plan and Stock Compensation
Vesting percentage	33%
Restricted Stock Units (RSUs) | Non-employee directors
Pension Plan and Stock Compensation
Granted (in shares)	16,500
Vesting percentage	100%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 164,549	$ 135,081	$ 182,836	$ 135,423
Net current period other comprehensive income/(loss)	(19,919)	1,443	(42,318)	(2,935)
Ending balance	145,723	140,911	145,723	140,911
Unrealized gains and losses on available-for-sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(23,666)	573	(1,072)	4,949
Other comprehensive income/(loss) before reclassification	(20,114)	1,436	(42,708)	(2,940)
Net current period other comprehensive income/(loss)	(20,114)	1,436	(42,708)	(2,940)
Ending balance	(43,780)	2,009	(43,780)	2,009
Amortization of defined benefit pension
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(2,308)	(3,277)	(2,506)	(3,277)
Other comprehensive income/(loss) before reclassification	206		412
Less amounts reclassified from accumulated other comprehensive income	8	11	16	11
Net current period other comprehensive income/(loss)	198	11	396	11
Ending balance	(2,110)	(3,266)	(2,110)	(3,266)
Deferred Compensation Liability
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	132	145	135	147
Other comprehensive income/(loss) before reclassification	(3)	(4)	(6)	(6)
Net current period other comprehensive income/(loss)	(3)	(4)	(6)	(6)
Ending balance	129	141	129	141
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(25,842)	(2,559)	(3,443)	1,819
Other comprehensive income/(loss) before reclassification	(19,911)	1,432	(42,302)	(2,946)
Less amounts reclassified from accumulated other comprehensive income	8	11	16	11
Net current period other comprehensive income/(loss)	(19,919)	1,443	(42,318)	(2,935)
Ending balance	$ (45,761)	$ (1,116)	$ (45,761)	$ (1,116)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Amount Reclassified from AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss)
Employee benefits transition asset	$ 744	$ 626	$ 1,448	$ 1,199
Employee benefits actuarial gains	258	278	491	524
Total before tax	2,510	6,450	9,110	12,700
Provision for income taxes	400	1,257	1,670	2,482
Net of tax	2,110	5,193	7,440	10,218
Reclassifications out of accumulated other comprehensive income (loss) | Amortization of defined benefit pension
Accumulated Other Comprehensive Income (Loss)
Employee benefits transition asset	(7)	(24)	(14)	(24)
Employee benefits actuarial gains		10		10
Total before tax	(7)	(14)	(14)	(14)
Provision for income taxes	1	3	2	3
Net of tax	(8)	(11)	(16)	(11)
Reclassifications out of accumulated other comprehensive income (loss) | Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Net of tax	$ (8)	$ (11)	$ (16)	$ (11)

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Noninterest Income
Service charges on deposit accounts	$ 161	$ 158	$ 329	$ 333
Trust income	1,223	1,184	2,393	2,307
Investment advisory income	1,099	1,235	2,300	2,411
Earnings on bank owned life insurance(a)	236	173	469	344
Other(b)	258	278	491	524
TOTAL NONINTEREST INCOME	2,977	3,028	5,982	5,919
Other noninterest income within the scope of ASC 606	222	206	413	392
Other noninterest income outside the scope of ASC 606	$ 35	$ 72	$ 78	$ 132

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Information
Net interest income	$ 17,509	$ 14,632	$ 33,848	$ 28,372
Noninterest income	2,977	3,028	5,982	5,919
Provision for loan loss	(5,510)	(809)	(6,433)	(875)
Noninterest expenses	(12,466)	(10,401)	(24,287)	(20,716)
Income tax expense	(400)	(1,257)	(1,670)	(2,482)
NET INCOME	2,110	5,193	7,440	10,218
Total assets	2,392,049	2,052,232	2,392,049	2,052,232	$ 2,142,583
Banking
Segment Information
Net interest income	17,509	14,632	33,848	28,372
Noninterest income	654	609	1,289	1,201
Provision for loan loss	(5,510)	(809)	(6,433)	(875)
Noninterest expenses	(10,642)	(8,723)	(20,573)	(17,395)
Income tax expense	(295)	(1,101)	(1,464)	(2,189)
NET INCOME	1,716	4,608	6,667	9,114
Total assets	2,384,424	2,043,970	2,384,424	2,043,970
Wealth Management
Segment Information
Noninterest income	2,323	2,419	4,693	4,718
Noninterest expenses	(1,824)	(1,678)	(3,714)	(3,321)
Income tax expense	(105)	(156)	(206)	(293)
NET INCOME	394	585	773	1,104
Total assets	$ 7,625	$ 8,262	$ 7,625	$ 8,262

Regulatory Capital Matters (Det

Regulatory Capital Matters (Details) $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Regulatory Capital Matters
Capital conservation buffer ratio	2.5
Total capital to risk weighted assets
Total capital to risk weighted assets, Actual amount	$ 211,172	$ 192,359
Total capital to risk weighted assets, Actual ratio	13.17	14.12
Total capital to risk weighted assets, For Capital Adequacy Purposes	$ 128,259	$ 109,000
Total capital to risk weighted assets, For Capital Adequacy Purposes Ratio	8	8
Total capital to risk weighted assets, For Capital Adequacy Purposes with Capital Buffer	$ 158,320	$ 134,546
Total capital to risk weighted assets, For Capital Adequacy Purposes with Capital Buffer Ratio	9.875	9.875
Total capital to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions	$ 160,324	$ 136,250
Total capital to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions Ratio	10	10
Tier 1 (Core) capital to risk weighted assets
Tier 1 (Core) capital to risk weighted assets, Actual amount	$ 191,085	$ 175,318
Tier 1 (Core) capital to risk weighted assets, Actual ratio	11.92	12.87
Tier 1 (Core) capital to risk weighted assets, For Capital Adequacy Purposes	$ 96,194	$ 81,750
Tier 1 (Core) capital to risk weighted assets, For Capital Adequacy Purposes Ratio	6	6
Tier 1 (Core) capital to risk weighted assets, For Capital Adequacy Purposes with Capital Buffer	$ 126,255	$ 107,296
Tier 1 (Core) capital to risk weighted assets, Actual amount	7.875	7.875
Tier 1 (Core) capital to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions	$ 128,259	$ 109,000
Tier 1 (Core) capital to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions Ratio	8	8
Common Tier 1 (CET1) to risk weighted assets
Common Tier 1 (CET1) to risk weighted assets, Actual amount	$ 191,085	$ 175,318
Common Tier 1 (CET1) to risk weighted assets, Actual ratio	11.92	12.87
Common Tier 1 (CET1) to risk weighted assets, For Capital Adequacy Purposes	$ 72,146	$ 61,312
Common Tier 1 (CET1) to risk weighted assets, For Capital Adequacy Purposes Ratio	4.50	4.50
Common Tier 1 (CET1) to risk weighted assets, For Capital Adequacy Purposes with Capital Buffer	$ 102,207	$ 86,859
Common Tier 1 (CET1) to risk weighted assets, For Capital Adequacy Purposes with Capital Buffer Ratio	6.375	6.375
Common Tier 1 (CET1) to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions	$ 104,211	$ 88,562
Common Tier 1 (CET1) to risk weighted assets, To be Well Capitalized under Prompt Corrective Action Provisions Ratio	6.50	6.50
Tier 1 (Core) Capital to average assets
Tier 1 (Core) Capital to average assets, Actual amount	$ 191,085	$ 175,318
Tier 1 (Core) Capital to average assets, Actual ratio	8.09	8.15
Tier 1 (Core) Capital to average assets, For Capital Adequacy Purposes	$ 94,483	$ 86,093
Tier 1 (Core) Capital to average assets, For Capital Adequacy Purposes Ratio	4	4
Tier 1 (Core) Capital to average assets, To be Well Capitalized under Prompt Corrective Action Provisions	$ 118,104	$ 107,616
Tier 1 (Core) Capital to average assets, To be Well Capitalized under Prompt Corrective Action Provisions Ratio	5	5