AmeriServ Financial (ASRV) 10-Q 12 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-11204
Entity Registrant Name	AMERISERV FINANCIAL INC /PA/
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	25-1424278
Entity Address, Address Line One	Main & Franklin Streets
Entity Address, Address Line Two	P.O. Box 430
Entity Address, City or Town	Johnstown
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15907-0430
City Area Code	(814)
Local Phone Number	533-5300
Title of 12(b) Security	Common Stock
Trading Symbol	ASRV
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	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		17,147,270
Entity Central Index Key	0000707605
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from depository institutions	$ 18,051,000	$ 18,830,000
Interest bearing deposits and short-term investments	4,116,000	4,132,000
Cash and cash equivalents	22,167,000	22,962,000
Investment securities, net of allowance for credit losses:
Available for sale, at fair value (allowance for credit losses $926 on March 31, 2023)	177,873,000	179,508,000
Held to maturity (fair value $54,957 on March 31, 2023 and $55,192 on December 31, 2022; allowance for credit losses $83 on March 31, 2023)	60,740,000	61,878,000
Loans held for sale	417,000	59,000
Loans	980,781,000	991,109,000
Less: Unearned income	321,000	343,000
Less: Allowance for credit losses	12,132,000	10,743,000
Net loans	968,328,000	980,023,000
Premises and equipment:
Operating lease right-of-use asset	614,000	630,000
Financing lease right-of-use asset	2,345,000	2,413,000
Other premises and equipment, net	14,394,000	14,460,000
Accrued interest income receivable	5,090,000	4,804,000
Goodwill	13,611,000	13,611,000
Core deposit intangible	120,000	128,000
Bank owned life insurance	39,021,000	38,895,000
Net deferred tax asset	3,272,000	2,789,000
Federal Home Loan Bank stock	4,031,000	5,754,000
Federal Reserve Bank stock	2,125,000	2,125,000
Other assets	31,809,000	33,835,000
TOTAL ASSETS	1,345,957,000	1,363,874,000
LIABILITIES
Non-interest bearing deposits	194,817,000	195,123,000
Interest bearing deposits	936,972,000	913,414,000
Total deposits	1,131,789,000	1,108,537,000
Short-term borrowings	52,989,000	88,641,000
Advances from Federal Home Loan Bank	16,135,000	19,765,000
Operating lease liabilities	627,000	643,000
Financing lease liabilities	2,625,000	2,680,000
Subordinated debt	26,654,000	26,644,000
Total borrowed funds	99,030,000	138,373,000
Other liabilities	9,239,000	10,786,000
TOTAL LIABILITIES	1,240,058,000	1,257,696,000
SHAREHOLDERS' EQUITY
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,776,089 shares issued and 17,147,270 shares outstanding on March 31, 2023; 26,746,436 shares issued and 17,117,617 shares outstanding on December 31, 2022	268,000	267,000
Treasury stock at cost, 9,628,819 shares on March 31, 2023 and December 31, 2022	(83,280,000)	(83,280,000)
Capital surplus	146,331,000	146,225,000
Retained earnings	65,306,000	65,486,000
Accumulated other comprehensive loss, net	(22,726,000)	(22,520,000)
TOTAL SHAREHOLDERS' EQUITY	105,899,000	106,178,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,345,957,000	$ 1,363,874,000

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
CONSOLIDATED BALANCE SHEETS
Allowance for credit losses	$ 926,000
Held to maturity securities, fair value	54,957,000	$ 55,192,000
Held to maturity, allowance for credit losses	$ 83,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	26,776,089	26,746,436
Common stock, shares outstanding	17,147,270	17,117,617
Treasury stock, shares	9,628,819	9,628,819

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
INTEREST INCOME
Interest and fees on loans	$ 12,276	$ 9,496
Interest bearing deposits and short-term investments	57	18
Investment securities:
Available for sale	1,770	1,123
Held to maturity	471	391
Total Interest Income	14,574	11,028
INTEREST EXPENSE
Deposits	4,189	796
Short-term borrowings	494
Advances from Federal Home Loan Bank	82	176
Financing lease liabilities	24	26
Subordinated debt	263	263
Total Interest Expense	5,052	1,261
Net Interest Income	9,522	9,767
Provision (credit) for credit losses	1,179	(400)
Net Interest Income after Provision (Credit) for Credit Losses	8,343	10,167
NON-INTEREST INCOME
Non-interest income	3,485	3,909
Net gains on loans held for sale	26	95
Mortgage related fees	33	33
Gain on sale of Visa Class B shares	1,748
Bank owned life insurance	239	209
Other income	457	561
Total Non-Interest Income	5,507	4,335
NON-INTEREST EXPENSE
Salaries and employee benefits	7,175	7,405
Net occupancy expense	772	741
Equipment expense	415	397
Professional fees	1,308	630
Data processing and IT expense	1,078	953
Supplies, postage and freight	179	165
Miscellaneous taxes and insurance	339	323
Federal deposit insurance expense	125	145
Other expense	572	720
Total Non-Interest Expense	11,963	11,479
PRETAX INCOME	1,887	3,023
Provision for income taxes	372	605
NET INCOME	$ 1,515	$ 2,418
Basic:
Net income	$ 0.09	$ 0.14
Average number of shares outstanding	17,131	17,094
Diluted:
Net income	$ 0.09	$ 0.14
Average number of shares outstanding	17,155	17,146
Wealth management fees
NON-INTEREST INCOME
Non-interest income	$ 2,738	$ 3,165
Service charges on deposit accounts
NON-INTEREST INCOME
Non-interest income	$ 266	$ 272

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
COMPREHENSIVE INCOME (LOSS)
Net income	$ 1,515	$ 2,418
Other comprehensive loss
Pension obligation change for defined benefit plan		1,163
Income tax effect		(244)
Unrealized holding gains (losses) on available for sale securities arising during period	568	(7,418)
Income tax effect	(119)	1,558
Fair value change for interest rate hedge	(829)
Income tax effect	174
Other comprehensive loss	(206)	(4,941)
Comprehensive income (loss)	$ 1,309	$ (2,523)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	COMMON STOCK	TREASURY STOCK	CAPITAL SURPLUS	RETAINED EARNINGS	ACCUMULATED OTHER COMPREHENSIVE LOSS, NET	Impact of adopting ASU 2016-13	Total
Balance at beginning of period at Dec. 31, 2021	$ 267	$ (83,280)	$ 146,069	$ 60,005	$ (6,512)
New common shares issued for exercise of stock options			80
Stock option expense			13
Net income				2,418			$ 2,418
Cash dividend declared on common stock				(427)
Other comprehensive (loss) income					(4,941)		(4,941)
Balance at end of period at Mar. 31, 2022	267	(83,280)	146,162	61,996	(11,453)		113,692
Balance at beginning of period at Dec. 31, 2021	267	(83,280)	146,069	60,005	(6,512)
Balance at end of period at Dec. 31, 2022	267	(83,280)	146,225	65,486	(22,520)		106,178
New common shares issued for exercise of stock options	1		94
Stock option expense			12
Net income				1,515			1,515
Cash dividend declared on common stock				(514)
Other comprehensive (loss) income					(206)		(206)
Balance at end of period at Mar. 31, 2023	$ 268	$ (83,280)	$ 146,331	$ 65,306	$ (22,726)	$ (1,181)	$ 105,899

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
COMMON STOCK
New common shares issued for exercise of stock options, shares	29,653	27,584
CAPITAL SURPLUS
New common shares issued for exercise of stock options, shares	29,653	27,584
RETAINED EARNINGS
Cash dividend declared per common share	$ 0.030	$ 0.025

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
OPERATING ACTIVITIES
Net income	$ 1,515	$ 2,418
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for credit losses	1,179	(400)
Depreciation and amortization expense	526	508
Amortization expense of core deposit intangible	8	8
Amortization of fair value adjustment on acquired time deposits	(14)	(37)
Net amortization of investment securities	2	41
Net amortization of deferred loan fees	(38)	(241)
Net gains on loans held for sale	(26)	(95)
Origination of mortgage loans held for sale	(1,932)	(3,844)
Sales of mortgage loans held for sale	1,600	4,602
Increase in accrued interest receivable	(286)	(400)
Increase (decrease) in accrued interest payable	184	(553)
Earnings on bank-owned life insurance	(239)	(209)
Deferred income taxes	348	589
Stock compensation expense	12	13
Net change in operating leases	(16)	(24)
Other, net	(1,033)	(567)
Net cash provided by operating activities	1,790	1,809
INVESTING ACTIVITIES
Purchase of investment securities - available for sale	(3,000)	(16,989)
Purchase of investment securities - held to maturity	(493)	(5,119)
Proceeds from maturities of investment securities - available for sale	4,295	7,847
Proceeds from maturities of investment securities - held to maturity	1,528	438
Proceeds from sales of investment securities - available for sale	0	0
Purchase of regulatory stock	(4,203)	(15)
Proceeds from redemption of regulatory stock	5,926	207
Long-term loans originated	(41,545)	(43,853)
Principal collected on long-term loans	51,773	50,700
Purchases of premises and equipment	(376)	(372)
Proceeds from sale of other real estate owned and repossessed assets	1
Net cash provided by (used in) investing activities	13,906	(7,156)
FINANCING ACTIVITIES
Net increase in deposit balances	23,266	1,548
Net decrease in other short-term borrowings	(35,652)
Principal borrowings on advances from Federal Home Loan Bank	6,220
Principal repayments on advances from Federal Home Loan Bank	(9,850)	(4,790)
Principal payments on financing lease liabilities	(55)	(54)
Stock options exercised	94	80
Common stock dividend paid	(514)	(427)
Net cash used in financing activities	(16,491)	(3,643)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(795)	(8,990)
CASH AND CASH EQUIVALENTS AT JANUARY 1	22,962	41,101	$ 41,101
CASH AND CASH EQUIVALENTS AT MARCH 31	$ 22,167	$ 32,111	$ 22,962

Principles of Consolidation

Principles of Consolidation	3 Months Ended
	Mar. 31, 2023
Principles of Consolidation
Principles of Consolidation	1. Principles of Consolidation The accompanying consolidated financial statements include the accounts of AmeriServ Financial, Inc. (the Company) and its wholly-owned subsidiaries, AmeriServ Financial Bank (the Bank) and AmeriServ Trust and Financial Services Company (the Trust Company). The Bank is a Pennsylvania state-chartered full service bank with 16 locations in Pennsylvania and 1 location in Maryland. The Trust Company offers a complete range of trust and financial services and administers assets valued at $2.4 billion and $2.3 billion that are not reported on the Company’s Consolidated Balance Sheets at March 31, 2023 and December 31, 2022, respectively. In addition, the Parent Company is an administrative group that provides support in such areas as audit, finance, investments, loan review, general services, and marketing. Intercompany accounts and transactions have been eliminated in preparing the Consolidated Financial Statements. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (generally accepted accounting principles, or GAAP) requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results may differ from these estimates and the differences may be material to the Consolidated Financial Statements. The Company’s most significant estimates relate to the allowance for credit losses (related to investment securities, loans, and unfunded commitments), intangible assets, income taxes, pension, derivatives (interest rate swaps/hedges), and the fair value of financial instruments.

Basis of Preparation

Basis of Preparation	3 Months Ended
	Mar. 31, 2023
Basis of Preparation
Basis of Preparation	2. Basis of Preparation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. In the opinion of management, all adjustments consisting of normal recurring entries considered necessary for a fair presentation have been included. They are not, however, necessarily indicative of the results of consolidated operations for a full-year. For further information, refer to the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.

Adoption of Accounting Standard

Adoption of Accounting Standards	3 Months Ended
	Mar. 31, 2023
Adoption of Accounting Standards
Adoption of Accounting Standards	3. Adoption of Accounting Standards In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments The Company adopted ASU 2016-13, and subsequent related updates, using the modified retrospective approach for all financial assets measured at amortized cost, including loans and held to maturity debt securities, as well as unfunded commitments. On January 1, 2023, the Company recorded a cumulative effect decrease to retained earnings of $1.2 million, net of tax, of which $951,000 related to loans, $90,000 related to held to maturity debt securities, and $140,000 related to unfunded commitments. In addition, the Company adopted the provisions of ASU 2016-13 related to presenting other-than-temporary impairment on available for sale debt securities on January 1, 2023, though no such charges were recorded on the securities held by the Company as of the date of adoption. It should be noted that the Company expanded the pooling utilized under the legacy incurred loss method to include additional segmentation based on risk within the loan portfolio. The following table presents the impact of the change from the incurred loss model to the current expected credit loss model. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 1, 2023 ​ Pre-ASU 2016-13 Impact of ASU 2016-13 Adoption As Reported Under ASU 2016-13 ​ ​ (In Thousands) Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - held to maturity securities ​ ​ ​ ​ ​ ​ ​ ​ ​ Municipal ​ $ — ​ $ 3 ​ $ 3 Corporate bonds and other securities ​ ​ — ​ ​ 111 ​ ​ 111 Allowance for credit losses - held to maturity securities ​ $ — ​ $ 114 ​ $ 114 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans, net of unearned income ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate (owner occupied) ​ $ 75,158 ​ $ 6,201 ​ $ 81,359 Other commercial and industrial ​ ​ 153,420 ​ ​ (31) ​ ​ 153,389 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 148,901 ​ ​ 148,901 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 106,423 ​ ​ 106,423 Other commercial real estate (non-owner occupied) ​ ​ 450,744 ​ ​ (225,831) ​ ​ 224,913 Residential mortgages ​ ​ 297,971 ​ ​ (124,194) ​ ​ 173,777 Consumer ​ ​ 13,473 ​ ​ 88,531 ​ ​ 102,004 Loans, net of unearned income ​ $ 990,766 ​ $ — ​ $ 990,766 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - loans ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate (owner occupied) ​ $ — ​ $ 1,380 ​ $ 1,380 Other commercial and industrial ​ ​ — ​ ​ 2,908 ​ ​ 2,908 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 1,432 ​ ​ 1,432 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 1,226 ​ ​ 1,226 Other commercial real estate (non-owner occupied) ​ ​ 5,972 ​ ​ (2,776) ​ ​ 3,196 Commercial (owner occupied real estate and other) ​ ​ 2,653 ​ ​ (2,653) ​ ​ — Residential mortgages ​ ​ 1,380 ​ ​ (355) ​ ​ 1,025 Consumer ​ ​ 85 ​ ​ 695 ​ ​ 780 Allocation for general risk ​ ​ 653 ​ ​ (653) ​ ​ — Allowance for credit losses - loans ​ $ 10,743 ​ $ 1,204 ​ $ 11,947 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - unfunded commitments ​ $ 746 ​ $ 177 ​ $ 923 ​ In summary, the adoption of ASU 2016-13 necessitated a day one increase of $1.2 million be made to the allowance for credit losses on our loan portfolio and a $177,000 increase to the allowance for credit losses on unfunded commitments. Furthermore, based on the credit quality of the Company’s HTM debt securities portfolio, the day one allowance for credit losses on our HTM securities portfolio totaled only $114,000. Additional disclosures regarding the allowance for credit losses are included within Note 7 – Investment Securities, Note 9 – Allowance for Credit Losses – Loans, and Note 15 – Commitments and Contingent Liabilities. ​ In January 2023, the Company adopted ASU 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings (TDRs) and Vintage Disclosures

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue Recognition
Revenue Recognition	4. Revenue Recognition ASU 2014-09, Revenue from Contracts with Customers – Topic 606 , requires the Company to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers at the time the transfer of goods or services takes place. Management determined that the primary sources of revenue associated with financial instruments, including interest and fee income on loans and interest on investments, along with certain non-interest revenue sources including net realized gains (losses) on investment securities, mortgage related fees, net gains on loans held for sale, and bank owned life insurance are not within the scope of Topic 606. These sources of revenue cumulatively comprise Non-interest income within the scope of Topic 606 is as follows: ● Wealth management fees - Wealth management fee income is primarily comprised of fees earned from the management and administration of trusts and customer investment portfolios. The Company’s performance obligation is generally satisfied over a period of time and the resulting fees are billed monthly or quarterly, based upon the month end market value of the assets under management. Payment is generally received after month end through a direct charge to customers’ accounts. Due to this delay in payment, a receivable of $850,000 has been established as of March 31, 2023 and is included in other assets on the Consolidated Balance Sheets in order to properly recognize the revenue earned but not yet received. Other performance obligations (such as delivery of account statements to customers) are generally considered immaterial to the overall transactions’ price. Commissions on transactions are recognized on a trade-date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Also included within wealth management fees are commissions from the sale of mutual funds, annuities, and life insurance products. Commissions on the sale of mutual funds, annuities, and life insurance products are recognized when sold, which is when the Company has satisfied its performance obligation. ● Service charges on deposit accounts - The Company has contracts with its deposit account customers where fees are charged for certain items or services. Service charges include account analysis fees, monthly service fees, overdraft fees, and other deposit account related fees. Revenue related to account analysis fees and service fees is recognized on a monthly basis as the Company has an unconditional right to the fee consideration. Fees attributable to specific performance obligations of the Company (i.e. overdraft fees, etc.) are recognized at a defined point in time based on completion of the requested service or transaction. ● Other non-interest income - Other non-interest income consists of other recurring revenue streams such as safe deposit box rental fees, gain (loss) on sale of other real estate owned, ATM and VISA debit card fees, and other miscellaneous revenue streams. Safe deposit box rental fees are charged to the customer on an annual basis and recognized when billed. However, if the safe deposit box rental fee is prepaid (i.e. paid prior to issuance of annual bill), the revenue is recognized upon receipt of payment. The Company has determined that since rentals and renewals occur consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. Gains and losses on the sale of other real estate owned are recognized at the completion of the property sale when the buyer obtains control of the real estate and all the performance obligations of the Company have been satisfied. The Company offers ATM and VISA debit cards to deposit account holders which allows our customers to access their account electronically at ATMs and POS terminals. Fees related to ATM and VISA debit card transactions are recognized when the transactions are completed and the Company has satisfied its performance obligation. The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three-month period ending March 31, 2023 and 2022 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ March 31, ​ ​ 2023 2022 Non-interest income: ​ ​ ​ ​ ​ ​ In-scope of Topic 606 ​ ​ Wealth management fees ​ $ 2,738 ​ $ 3,165 Service charges on deposit accounts ​ 266 ​ 272 Other ​ 481 ​ 472 Non-interest income (in-scope of topic 606) ​ 3,485 ​ 3,909 Non-interest income (out-of-scope of topic 606) ​ 2,022 ​ 426 Total non-interest income ​ $ 5,507 ​ $ 4,335 ​

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Common Share
Earnings Per Common Share	5. Earnings Per Common Share Basic earnings per share include only the weighted average common shares outstanding. Diluted earnings per share include the weighted average common shares outstanding and any potentially dilutive common stock equivalent shares in the calculation. Treasury shares are excluded for earnings per share purposes. For the three-month periods ending March 31, 2023 and 2022, options to purchase 22,000 common shares, with an exercise price of $4.00 to $4.22, and options to purchase 12,000 common shares, with an exercise price of $4.19 to $4.22, respectively, were outstanding but were not included in the computation of diluted earnings per common share because to do so would be anti-dilutive. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ March 31, ​ 2023 2022 ​ ​ (In thousands, except per share data) Numerator: ​ ​ Net income ​ $ 1,515 ​ $ 2,418 Denominator: ​ ​ Weighted average common shares outstanding (basic) ​ 17,131 ​ 17,094 Effect of stock options ​ 24 ​ 52 Weighted average common shares outstanding (diluted) ​ 17,155 ​ 17,146 Earnings per common share ​ ​ Basic ​ $ 0.09 ​ $ 0.14 Diluted ​ 0.09 ​ 0.14 ​

Consolidated Statement of Cash

Consolidated Statement of Cash Flows	3 Months Ended
	Mar. 31, 2023
Consolidated Statement of Cash Flows.
Consolidated Statement of Cash Flows	6. Consolidated Statement of Cash Flows On a consolidated basis, cash and cash equivalents include cash and due from depository institutions, interest bearing deposits and short-term investments in both money market funds and commercial paper. The Company made no income tax payments in the first three months of 2023 and 2022. The Company made total interest payments of $4,868,000 in the first three months of 2023 compared to $1,814,000 in the same 2022 period. ​ As a result of the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ​

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2023
Investment Securities
Investment Securities	7. Investment Securities Securities are classified at the time of purchase as investment securities held to maturity if it is management’s intent and the Company has the ability to hold the securities until maturity. These held to maturity securities are carried on the Company’s books at cost, adjusted for amortization of premium and accretion of discount which is computed using the level yield method which approximates the effective interest method. Alternatively, securities are classified as available for sale if it is management’s intent at the time of purchase to hold the securities for an indefinite period of time and/or to use the securities as part of the Company’s asset/liability management strategy. Securities classified as available for sale include securities which may be sold to effectively manage interest rate risk exposure, prepayment risk, and other factors (such as liquidity requirements). These available for sale securities are reported at fair value with unrealized aggregate appreciation/depreciation excluded from income and credited/charged to accumulated other comprehensive income (loss) within shareholders’ equity on a net of tax basis. Realized gains or losses on securities sold are computed upon the adjusted cost of the specific securities sold. Additionally, the Company holds equity securities which are comprised of mutual funds held within a rabbi trust for the executive deferred compensation plan. Such securities are reported at fair value within other assets on the Consolidated Balance Sheets. Unrealized holding gains and losses on equity securities are included in earnings. Allowance for Credit Losses – Held to Maturity Securities The Company measures expected credit losses on held to maturity debt securities, which are comprised of U.S. government agency and mortgage-backed securities as well as taxable municipal, corporate, and other bonds. The Company’s agency and mortgage-backed securities are issued by U.S. government entities and agencies and are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies, and have a long history of no credit losses. As such, no allowance for credit losses has been established for these securities. The allowance for credit losses on the taxable municipal, corporate, and other bonds within the held to maturity securities portfolio is calculated using the probability of default/loss given default (PD/LGD) method. The calculation is completed on a quarterly basis using the default studies provided by an industry leading source. At March 31, 2023, the allowance for credit losses on the held to maturity securities portfolio totaled $83,000. The allowance for credit losses on held to maturity debt securities is included within investment securities held to maturity on the Consolidated Balance Sheets. Changes in the allowance for credit losses are recorded within provision (credit) for credit losses on the Consolidated Statements of Operations. Accrued interest receivable on held to maturity debt securities totaled $411,000 at March 31, 2023 and is included within accrued interest income receivable on the Consolidated Balance Sheets. This amount is excluded from the estimate of expected credit losses. Held to maturity debt securities are typically classified as non-accrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When held to maturity debt securities are placed on non-accrual status, unpaid interest credited to income is reversed. The Company had no held to maturity debt securities in non-accrual status at March 31, 2023. Allowance for Credit Losses – Available for Sale Securities The Company measures expected credit losses on available for sale debt securities when the Company does not intend to sell, or when it is not more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available for sale debt securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this evaluation indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost, a credit loss exists and an allowance for credit losses is recorded for the credit loss, equal to the amount that the fair value is less than the amortized cost basis. At March 31, 2023, the allowance for credit losses on the available for sale securities portfolio totaled $926,000. The allowance for credit losses on available for sale debt securities is included within investment securities available for sale on the Consolidated Balance Sheets. Changes in the allowance for credit losses are recorded within provision (credit) for credit losses on the Consolidated Statements of Operations. Losses are charged against the allowance when the Company believes the collectability of an available for sale security is in jeopardy or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available for sale debt securities totaled $1.2 million at March 31, 2023 and is included within accrued interest income receivable on the Consolidated Balance Sheets. This amount is excluded from the estimate of expected credit losses. Available for sale debt securities are typically classified as non-accrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest. When available for sale debt securities are placed on non-accrual status, unpaid interest credited to income is reversed. It should be noted that the Company had one available for sale debt security in non-accrual status at March 31, 2023 totaling $926,000 with an associated allowance for credit losses of $926,000. Credit Losses on Investment Securities – Prior to adopting ASU 2016-13 The Company adopted ASU 2016-13 effective January 1, 2023. Financial statement amounts related to investment securities recorded as of December 31, 2022 and for the period ending March 31, 2022 are presented in accordance with the accounting policies described in the following paragraphs. Available for sale and held to maturity securities are reviewed quarterly for possible other than temporary impairment. The review includes an analysis of the facts and circumstances of each individual investment such as the expectation for that security’s performance, the creditworthiness of the issuer, and the Company’s intent and ability to hold the security to recovery. The term other than temporary is not intended to indicate that the decline is permanent but indicates that the prospects for a near-term recovery of value are not necessarily favorable or that there is a lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Declines in the fair value of securities below their cost that are deemed to be other than temporary are separated into (a) the amount of the total other than temporary impairment related to a decrease in cash flows expected to be collected from the debt security (the credit loss) and (b) the amount of the total other than temporary impairment related to all other factors. The amount of the total other than temporary impairment related to the credit loss is recognized in earnings. The amount of the total other than temporary impairment related to all other factors is recognized in other comprehensive income (loss). At December 31, 2022, the Company believes the unrealized losses on certain securities within the investments portfolio are primarily a result of increases in market yields from the time of purchase. Management generally views changes in fair value caused by changes in interest rates as temporary; therefore, these securities have not been classified as other than temporarily impaired. Management has also concluded that based on current information we expect to continue to receive scheduled interest payments as well as the entire principal balance. Furthermore, management does not intend to sell these securities and does not believe it will be required to sell these securities before they recover in value. The cost basis and fair values of investment securities are summarized as follows: Investment securities available for sale (AFS): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ALLOWANCE ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FOR CREDIT ​ FAIR ​ COST BASIS GAINS LOSSES ​ LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 12,713 ​ $ 1 ​ $ (1,158) ​ $ — ​ $ 11,556 U.S. Agency mortgage-backed securities ​ 100,428 ​ 80 ​ (11,872) ​ ​ — ​ 88,636 Municipal ​ 20,837 ​ 3 ​ (1,503) ​ ​ — ​ 19,337 Corporate bonds ​ 63,162 ​ 8 ​ (3,900) ​ ​ (926) ​ 58,344 Total ​ $ 197,140 ​ $ 92 ​ $ (18,433) ​ $ (926) ​ $ 177,873 ​ Investment securities held to maturity (HTM): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ALLOWANCE ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ FOR CREDIT ​ COST BASIS GAINS LOSSES ​ VALUE LOSSES ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 2,500 ​ $ — ​ $ (418) ​ $ 2,082 ​ $ — U.S. Agency mortgage-backed securities ​ ​ 18,831 ​ ​ 8 ​ ​ (2,036) ​ ​ 16,803 ​ ​ — Municipal ​ 33,983 ​ 1 ​ (3,206) ​ 30,778 ​ 3 Corporate bonds and other securities ​ 5,426 ​ — ​ (132) ​ 5,294 ​ 80 Total ​ $ 60,740 ​ $ 9 ​ $ (5,792) ​ $ 54,957 ​ $ 83 ​ Investment securities available for sale (AFS): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ COST BASIS GAINS LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 11,797 ​ $ 1 ​ $ (1,265) ​ $ 10,533 U.S. Agency mortgage-backed securities ​ 102,631 ​ 64 ​ (12,710) ​ 89,985 Municipal ​ 20,837 ​ — ​ (1,799) ​ 19,038 Corporate bonds ​ 63,152 ​ 30 ​ (3,230) ​ 59,952 Total ​ $ 198,417 ​ $ 95 ​ $ (19,004) ​ $ 179,508 ​ Investment securities held to maturity (HTM): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ ​ COST BASIS GAINS LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency $ 2,500 ​ $ — ​ $ (432) ​ $ 2,068 U.S. Agency mortgage-backed securities ​ 18,877 ​ ​ 8 ​ ​ (2,212) ​ ​ 16,673 Municipal ​ 33,993 ​ 2 ​ (3,880) ​ 30,115 Corporate bonds and other securities ​ 6,508 ​ — ​ (172) ​ 6,336 Total ​ $ 61,878 ​ $ 10 ​ $ (6,696) ​ $ 55,192 ​ The Company sold no AFS securities during the first quarter of 2023 and 2022. The carrying value of securities, both available for sale and held to maturity, pledged to secure public and trust deposits was $131,913,000 at March 31, 2023 and $134,002,000 at December 31, 2022. The interest rate environment and market yields can have a significant impact on the yield earned on mortgage-backed securities (MBS). Prepayment speed assumptions are an important factor to consider when evaluating the returns on an MBS. Generally, as interest rates decline, borrowers have more incentive to refinance into a lower rate, so prepayments will rise. Conversely, as interest rates increase, prepayments will decline. When an MBS is purchased at a premium, the yield will decrease as prepayments increase and the yield will increase as prepayments decrease. As of March 31, 2023, the Company had low premium risk as the book value of our mortgage-backed securities purchased at a premium was only Contractual maturities of securities at March 31, 2023 are shown below (in thousands). Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without prepayment penalties. The weighted average duration of the total investment securities portfolio at March 31, 2023 is 54.6 months and is shorter than the duration at December 31, 2022 which was 56.0 months. The duration remains within our internally established guideline to not exceed 60 months which we believe is appropriate to maintain proper levels of liquidity, interest rate risk, market valuation sensitivity and profitability. Total investment securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Available for sale ​ Held to maturity ​ Cost Basis Fair Value Cost Basis Fair Value Within 1 year ​ $ 6,385 ​ $ 6,328 ​ $ 2,425 ​ $ 2,386 After 1 year but within 5 years ​ 48,222 ​ 46,066 ​ 12,381 ​ 11,889 After 5 years but within 10 years ​ 47,646 ​ 42,248 ​ 25,687 ​ 22,853 Over 10 years ​ 94,887 ​ 83,231 ​ 20,247 ​ 17,829 Total ​ $ 197,140 ​ $ 177,873 ​ $ 60,740 ​ $ 54,957 ​ The following table summarizes the available for sale debt securities in an unrealized loss position for which an allowance for credit losses has not been recorded as of March 31, 2023, aggregated by security type and length of time in a continuous loss position (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ LESS THAN 12 MONTHS ​ 12 MONTHS OR LONGER ​ TOTAL ​ ​ FAIR ​ UNREALIZED ​ FAIR ​ UNREALIZED ​ FAIR ​ UNREALIZED ​ VALUE LOSSES VALUE LOSSES VALUE LOSSES U.S. Agency ​ $ 2,448 ​ $ (48) ​ $ 8,107 ​ $ (1,110) ​ $ 10,555 ​ $ (1,158) U.S. Agency mortgage-backed securities ​ ​ 26,473 ​ ​ (1,161) ​ ​ 56,993 ​ ​ (10,711) ​ ​ 83,466 ​ ​ (11,872) Municipal ​ 3,358 ​ ​ (85) ​ ​ 15,216 ​ ​ (1,418) ​ ​ 18,574 ​ ​ (1,503) Corporate bonds ​ 26,749 ​ ​ (1,412) ​ ​ 26,586 ​ ​ (2,488) ​ ​ 53,335 ​ ​ (3,900) Total ​ $ 59,028 ​ $ (2,706) ​ $ 106,902 ​ $ (15,727) ​ $ 165,930 ​ $ (18,433) ​ At March 31, 2023, within the available for sale debt securities portfolio, the Company had four U.S. Agency, 45 U.S. Agency mortgage-backed securities, 11 municipal, and 45 corporate bonds that have been in a gross unrealized loss position for less than 12 months with depreciation of 4.4% from its amortized cost basis. Additionally, at March 31, 2023, within the available for sale debit securities portfolio, the Company had ​ These unrealized losses are primarily a result of increases in market yields from the time of purchase. In general, as market yields rise, the value of securities will decrease; as market yields fall, the fair value of securities will increase. Management generally views changes in fair value caused by changes in interest rates as temporary; therefore, no provision for credit losses has been recorded for these securities. Management has also concluded that based on current information we expect to continue to receive scheduled interest payments as well as the entire principal balance. Furthermore, management does not intend to sell these securities and does not believe it will be required to sell these securities before they recover in value or mature. The Company recorded a $926,000 provision for credit losses on available for sale debt securities during the first quarter of 2023. The recognition of the loss resulted from a subordinated debt investment issued by Signature Bank which was closed by banking regulators on March 12, 2023. In a press release issued by the Federal Deposit Insurance Corporation (FDIC), it was disclosed that unsecured debt holders of the institution will not be protected. Management reviewed the Form 10-K for the year ended December 31, 2022 filed by Signature Bank, which was filed on March 1, 2023, and determined that no circumstances existed to indicate that the debt security held by the Company was impaired as of December 31, 2022. Specifically, as of December 31, 2022, Signature Bank had total assets of $110.4 billion, net income of $1.3 billion for the year then ended, and demonstrated strong regulatory capital ratios. As of March 31, 2023, the corporate security was placed in non-accrual status and approximately $17,000 of unpaid interest previously credited to income was reversed. The following table presents the activity in the allowance for credit losses on held to maturity debt securities by major security type for the three months ended March 31, 2023 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ ​ Balance at ​ Impact of Adopting ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2022 ​ ASU 2016-13 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2023 U.S. Agency $ — ​ $ — $ — $ — $ — $ — U.S. Agency mortgage-backed securities ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Municipal ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 Corporate bonds and other securities ​ ​ — ​ ​ 111 ​ ​ — ​ ​ — ​ ​ (31) ​ ​ 80 Total ​ $ — ​ $ 114 ​ $ — ​ $ — ​ $ (31) ​ $ 83 ​ As stated previously, the Company’s agency and mortgage-backed securities are issued by U.S. government entities and agencies and are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies, and have a long history of no credit losses. As such, no allowance for credit losses has been established for these securities. The allowance for credit losses on the taxable municipal, corporate, and other bonds within the held to maturity securities portfolio is calculated using the PD/LGD method. The calculation is completed on a quarterly basis using the default studies provided by an industry leading source. ​ Maintaining investment quality is a primary objective of the Company’s Investment Policy which, subject to certain limited exceptions, prohibits the purchase of any investment security below a Moody’s Investor’s Service or Standard & Poor’s rating of “A.” The Company monitors the credit ratings of its debt securities on a quarterly basis. At March 31, 2023 and December 31, 2022, 52.5% of the total investment securities portfolio was rated “AAA”. Approximately 14.2% of the total investment securities portfolio was either rated below “A” or unrated at March 31, 2023 as compared to 14.7% at December 31, 2022. Specifically, the following table summarizes the amortized cost of held to maturity debt securities at March 31, 2023, aggregated by credit quality indicator (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Credit Rating ​ ​ AAA/AA/A ​ BBB/BB/B ​ Unrated ​ Total U.S. Agency $ 2,500 ​ $ — $ — $ 2,500 U.S. Agency mortgage-backed securities ​ ​ 18,831 ​ ​ — ​ ​ — ​ ​ 18,831 Municipal ​ ​ 33,983 ​ ​ — ​ ​ — ​ ​ 33,983 Corporate bonds and other securities ​ ​ 4,010 ​ ​ — ​ ​ 1,416 ​ ​ 5,426 Total ​ $ 59,324 ​ $ — ​ $ 1,416 ​ $ 60,740 ​ The Company had no held to maturity debt securities in non-accrual status or past due 90 days still accruing interest at March 31, 2023. The underlying issuers continue to make timely principal and interest payments on the securities.

Loans

Loans	3 Months Ended
	Mar. 31, 2023
Loans
Loans	8. Loans ​ Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of any deferred fees or costs and an allowance for credit losses. Accrued interest receivable on loans totaled $3.5 million as of March 31, 2023 and December 31, 2022 which is reported in accrued interest income receivable on the Consolidated Balance Sheets and is excluded from the estimate of credit losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) over the contractual life of the loan. ​ The segments of the Company’s loan portfolio are disaggregated into classes that allows management to monitor risk and performance. The loan classes used are consistent with the internal reports evaluated by the Company’s management and Board of Directors to monitor risk and performance within various segments of its loan portfolio. The commercial loan segment includes both the owner occupied commercial real estate loan and the other commercial and industrial loan classes. The commercial real estate loan segment includes the non-owner occupied commercial real estate loan classes of retail, multi-family, and other. The residential mortgage loan segment is comprised of first lien amortizing residential mortgage loans while the consumer loan segment consists primarily of home equity loans secured by residential real estate, installment loans, and overdraft lines of credit associated with customer deposit accounts. ​ The loan portfolio of the Company consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ March 31, 2023 Commercial: ​ ​ ​ Commercial real estate (owner occupied) (1) ​ $ 77,805 Other commercial and industrial ​ ​ 150,438 Commercial real estate (non-owner occupied): ​ ​ Retail (1) ​ ​ 154,454 Multi-family (1) ​ ​ 98,945 Other (1) ​ ​ 223,526 Residential mortgages ​ 175,211 Consumer ​ 100,081 Loans, net of unearned income ​ $ 980,460 ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Commercial: ​ ​ ​ Commercial and industrial ​ $ 153,398 Paycheck Protection Program (PPP) ​ ​ 22 Commercial real estate (owner occupied) (1) ​ 75,158 Commercial real estate (non-owner occupied) (1) ​ 450,744 Residential mortgages (1) ​ 297,971 Consumer ​ 13,473 Loans, net of unearned income ​ $ 990,766 (1) Real estate construction loans constituted 3.2% and 4.7% of the Company’s total loans, net of unearned income as of March 31, 2023 and December 31, 2022, respectively. ​ Loan balances at March 31, 2023 and December 31, 2022 are net of unearned income of $321,000 and $343,000 , respectively.

Allowance for Credit Losses - L

Allowance for Credit Losses - Loans	3 Months Ended
	Mar. 31, 2023
Allowance for Credit Losses - Loans
Allowance for Credit Losses - Loans	9. Allowance for Credit Losses – Loans ​ The allowance for credit losses (ACL) is a valuation reserve established and maintained by charges against income and is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged-off against the ACL when they are deemed uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. ​ The ACL is an estimate of expected credit losses, measured over the contractual life of a loan, that considers our historical loss experience, current conditions and forecasts of future economic conditions. Determination of an appropriate ACL is inherently subjective and may have significant changes from period to period. The methodology for determining the ACL has two main components: evaluation of expected credit losses for certain groups of homogeneous loans that share similar risk characteristics and evaluation of loans that do not share risk characteristics with other loans. ​ The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company has aligned our segmentation to the quarterly Call Report. This allowed the Company to use not only our data, but also peer institutions to supplement loss observations in determining our qualitative adjustments. Some further sub-segmenting was performed on the commercial and industrial (C&I) and commercial real estate (CRE) portfolios based on collateral type. The Company has identified the following portfolio segments: ​ ● C&I and CRE Owner Occupied – Real Estate ● C&I and CRE Owner Occupied – Other ● CRE Non-Owner Occupied – Retail ● CRE Non-Owner Occupied – Multi-Family ● CRE Non-Owner Occupied – Other ● Residential Mortgages ● Consumer ​ The Company is utilizing the static pool analysis (cohort) method for our CECL model. The static pool analysis methodology captures loans that qualify for a segment (i.e. balance of a pool of loans with similar risk characteristics) as of a point in time to form a cohort, then tracks that cohort over their remaining lives to determine their loss behavior. The remaining lifetime loss rate is then applied to current loans that qualify for the same segmentation criteria to form a remaining life expectation on current loans. Once historical cohorts are established, the loans in each individual cohort are tracked over their remaining lives for loss and recovery events. Each cohort is evaluated individually and as a result, a loss may be counted in several different quarterly cohort periods, as long as the specific loan existed in the population of each of those cohort periods. ​ The following tables summarize the rollforward of the allowance for credit losses by loan portfolio segment for the three-month periods ending March 31, 2023 and 2022 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ ​ Balance at ​ Impact of Adopting ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2022 ​ ASU 2016-13 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2023 Commercial real estate (owner occupied) $ — ​ $ 1,380 $ — $ 6 $ (66) $ 1,320 Other commercial and industrial ​ ​ — ​ ​ 2,908 ​ ​ — ​ ​ 1 ​ ​ (36) ​ ​ 2,873 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 1,432 ​ ​ — ​ ​ — ​ ​ 54 ​ ​ 1,486 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 1,226 ​ ​ — ​ ​ 1 ​ ​ (81) ​ ​ 1,146 Other commercial real estate (non-owner occupied) ​ ​ 5,972 ​ ​ (2,776) ​ ​ — ​ ​ 4 ​ ​ (3) ​ ​ 3,197 Commercial (owner occupied real estate and other) ​ 2,653 ​ ​ (2,653) ​ — ​ — ​ — ​ — Residential mortgages ​ 1,380 ​ ​ (355) ​ — ​ 2 ​ 5 ​ 1,032 Consumer ​ 85 ​ ​ 695 ​ (139) ​ 9 ​ 428 ​ 1,078 Allocation for general risk ​ 653 ​ ​ (653) ​ — ​ — ​ — ​ — Total ​ $ 10,743 ​ $ 1,204 ​ $ (139) ​ $ 23 ​ $ 301 ​ $ 12,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2022 ​ ​ Balance at ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2021 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2022 Commercial $ 3,071 $ (72) $ — $ 252 $ 3,251 Commercial real estate (non-owner occupied) ​ 6,392 ​ — ​ 13 ​ (475) ​ 5,930 Residential mortgages ​ 1,590 ​ — ​ 8 ​ (133) ​ 1,465 Consumer ​ 113 ​ (45) ​ 20 ​ 11 ​ 99 Allocation for general risk ​ 1,232 ​ — ​ — ​ (55) ​ 1,177 Total ​ $ 12,398 ​ $ (117) ​ $ 41 ​ $ (400) ​ $ 11,922 ​ The Company recorded a $301,000 provision for credit losses in the first quarter of 2023 as compared to a $400,000 provision recovery recorded in the first quarter of 2022, representing a $701,000 unfavorable shift between years. The increased first quarter 2023 provision for credit losses in the loan portfolio was necessary due to risk rating, non-accrual, and charge-off activity. Specifically, an increased historical loss rate within the consumer loan pool resulted in a significant increase in the allocated allowance for credit losses despite contraction within the portfolio since the beginning of the year. Non-performing assets decreased from $5.2 million at December 31, 2022 to $4.6 million at March 31, 2023 primarily due to a decrease in non-accrual residential mortgage loans. Overall, non-performing assets remain well controlled at 0.47% of total loans. The Company experienced net loan charge-offs of $116,000, or 0.05% of total average loans, in the first quarter of 2023 which is only slightly higher than net charge-offs of $76,000, or 0.03% of total average loans, in first quarter of 2022. In summary, the allowance for credit losses on our loan portfolio provided 264% coverage of non-performing assets, and 1.24% of total loans, on March 31, 2023, compared to 207% coverage of non-performing assets, and 1.08% of total loans, on December 31, 2022. Historical credit loss experience is the basis for the estimation of expected credit losses. The Company applies historical loss rates to pools of loans with similar risk characteristics. After consideration of the historic loss calculation, management applies qualitative adjustments to reflect the current conditions and reasonable and supportable forecasts not already captured in the historical loss information at the balance sheet date. Our reasonable and supportable forecast adjustment is based on a blend of peer and Company data as well as management judgment. Including peer data addresses the Company’s lack of loss history in some pools of loans. For periods beyond our reasonable and supportable forecast period of two years, loss expectations revert to the long-run historical mean. The qualitative adjustments for current conditions are based upon the following factors: ● changes in lending policies and procedures; ● changes in economic conditions; ● changes in the nature and volume of the portfolio; ● staff experience; ● changes in volume and severity of delinquency, non-performing loans, and classified loans; ● changes in the quality of the Company’s loan review system; ● trends in underlying collateral value; ● concentration risk; and ● external factors: competition, legal, regulatory. These modified historical loss rates are multiplied by the outstanding principal balance of each loan to calculate a required reserve. Ultimately, 67% of the first quarter of 2023 general reserve represented qualitative adjustment with 33% representing quantitative reserve. ​ In accordance with ASU 2016-13, the Company will evaluate individual loans for expected credit losses when those loans do not share similar risk characteristics with loans evaluated using a collective (pooled) basis. In contrast to legacy accounting standards, this criterion is broader than the impairment concept and management may evaluate loans individually even when no specific expectation of collectability is in place. Loans will not be included in both collective and individual analysis. The individual analysis will establish a specific reserve for loans in scope. It should be noted that there is a review threshold of $150,000 or more for loans being subject to individual evaluation within the consumer and residential mortgage segments. ​ Specific reserves are established based on the following three acceptable methods for measuring the ACL: 1) the present value of expected future cash flows discounted at the loan’s original effective interest rate; 2) the loan’s observable market price; or 3) the fair value of the collateral when the loan is collateral dependent. The method is selected on a loan-by-loan basis, with management primarily utilizing either the discounted cash flows or the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance is made on a quarterly basis. ​ The need for an updated appraisal on collateral dependent loans is determined on a case-by-case basis. The useful life of an appraisal or evaluation will vary depending upon the circumstances of the property and the economic conditions in the marketplace. A new appraisal is not required if there is an existing appraisal which, along with other information, is sufficient to determine a reasonable value for the property and to support an appropriate and adequate allowance for credit losses. At a minimum, annual documented reevaluation of the property is completed by the Bank’s internal Collections and Assigned Risk Department to support the value of the property. When reviewing an appraisal associated with an existing real estate collateral dependent transaction, the Bank’s Chief Credit Officer must determine if there have been material changes to the underlying assumptions in the appraisal which affect the original estimate of value. Some of the factors that could cause material changes to reported values include: ● the passage of time; ● the volatility of the local market; ● the availability of financing; ● natural disasters; ● the inventory of competing properties; ● new improvements to, or lack of maintenance of, the subject property or competing properties upon physical inspection by the Bank; ● changes in underlying economic and market assumptions, such as material changes in current and projected vacancy, absorption rates, capitalization rates, lease terms, rental rates, sales prices, concessions, construction overruns and delays, zoning changes, etc.; and/or ● environmental contamination. The value of the property is adjusted to appropriately reflect the above listed factors and the value is discounted to reflect the value impact of a forced or distressed sale, any outstanding senior liens, any outstanding unpaid real estate taxes, transfer taxes and closing costs that would occur with sale of the real estate. If the Chief Credit Officer determines that a reasonable value cannot be derived based on available information, a new appraisal is ordered. The determination of the need for a new appraisal, versus completion of a property valuation by the Bank’s Collections and Assigned Risk Department personnel, rests with the Chief Credit Officer and not the originating account officer. The following tables summarize the loan portfolio and allowance for credit losses (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ Commercial real estate (owner occupied) Other commercial and industrial Commercial real estate (non-owner occupied) - retail ​ ​ Commercial real estate (non-owner occupied) - multi-family Other commercial real estate (non-owner occupied) Residential mortgages Consumer Total Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated ​ $ — ​ $ 1,971 ​ $ — ​ $ — ​ $ 1,554 ​ $ — $ — ​ $ 3,525 Collectively evaluated ​ 77,805 ​ 148,467 ​ 154,454 ​ ​ 98,945 ​ 221,972 ​ 175,211 ​ 100,081 ​ 976,935 Total loans ​ $ 77,805 ​ $ 150,438 ​ $ 154,454 ​ $ 98,945 ​ $ 223,526 ​ $ 175,211 $ 100,081 ​ $ 980,460 Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Specific reserve allocation ​ $ — ​ $ 416 ​ $ — ​ $ — ​ $ 3 ​ $ — ​ $ — ​ $ 419 General reserve allocation ​ 1,320 ​ 2,457 ​ 1,486 ​ ​ 1,146 ​ 3,194 ​ 1,032 ​ 1,078 ​ 11,713 Total allowance for credit losses ​ $ 1,320 ​ $ 2,873 ​ $ 1,486 ​ $ 1,146 ​ $ 3,197 ​ $ 1,032 ​ $ 1,078 ​ $ 12,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ real estate ​ Residential ​ ​ ​ ​ Allocation for ​ ​ ​ ​ Commercial (non-owner occupied) mortgages Consumer general risk Total Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated ​ $ 1,989 ​ $ 1,586 ​ $ — ​ $ — ​ ​ $ 3,575 Collectively evaluated ​ 226,589 ​ 449,158 ​ 297,971 ​ 13,473 ​ ​ 987,191 Total loans ​ $ 228,578 ​ $ 450,744 ​ $ 297,971 ​ $ 13,473 ​ ​ $ 990,766 Allowance for credit losses: ​ ​ ​ ​ ​ ​ Specific reserve allocation ​ $ 520 ​ $ 3 ​ $ — ​ $ — ​ $ — ​ $ 523 General reserve allocation ​ 2,133 ​ 5,969 ​ 1,380 ​ 85 ​ 653 ​ 10,220 Total allowance for credit losses ​ $ 2,653 ​ $ 5,972 ​ $ 1,380 ​ $ 85 ​ $ 653 ​ $ 10,743 ​ The following table presents the amortized cost basis of collateral-dependent loans by class of loans (in thousands). ​ ​ ​ ​ ​ ​ ​ Collateral Type March 31, 2023 ​ Real Estate Commercial real estate (non-owner occupied): ​ ​ Other ​ $ 1,554 Total ​ $ 1,554 ​ Allowance for Loan Losses – Prior to adopting ASU 2016-13 ​ Prior to the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ​ As a financial institution, which assumes lending and credit risks as a principal element of its business, the Company anticipates that credit losses will be experienced in the normal course of business. Accordingly, the Company consistently applies a comprehensive methodology and procedural discipline to perform an analysis which is updated on a quarterly basis at the Bank level to determine both the adequacy of the allowance for loan losses and the necessary provision for loan losses to be charged against earnings. The segments of the Company’s loan portfolio are disaggregated into classes that allows management to monitor risk and performance. The loan classes used are consistent with the internal reports evaluated by the Company’s management and Board of Directors to monitor risk and performance within various segments of its loan portfolio. The commercial loan segment includes both the commercial and industrial and the owner occupied commercial real estate loan classes while the remaining segments are not separated into classes as management monitors risk in these loans at the segment level. The residential mortgage loan segment is comprised of first lien amortizing residential mortgage loans and home equity loans secured by residential real estate. The consumer loan segment consists primarily of installment loans and overdraft lines of credit connected with customer deposit accounts. ​ The allowance consists of three elements: (1) an allowance established on specifically identified problem loans, (2) formula driven general reserves established for loan categories based upon historical loss experience and other qualitative factors, and (3) a general risk reserve which provides support for variance from our assessment of the qualitative factors, provides protection against credit risks resulting from other inherent risk factors contained in the Company’s loan portfolio, and recognizes the model and estimation risk associated with the specific and formula driven allowances. The qualitative factors used in the formula driven general reserves are evaluated quarterly (and revised if necessary) by the Company’s management to establish allocations which accommodate each of the risk factors. Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. Specifically, this methodology includes: ● Review of all impaired commercial and commercial real estate loans to determine if any specific reserve allocations are required on an individual loan basis. In addition, consumer and residential mortgage loans with a balance of $150,000 or more are evaluated for impairment and specific reserve allocations are established, if applicable. All required specific reserve allocations are based on careful analysis of the loan’s performance, the related collateral value, cash flow considerations and the financial capability of any guarantor. For impaired loans the measurement of impairment may be based upon (1) the present value of expected future cash flows discounted at the loan’s effective interest rate; (2) the observable market price of the impaired loan; or (3) the fair value of the collateral of a collateral dependent loan. ● The application of formula driven reserve allocations for all commercial and commercial real estate loans by using a three-year migration analysis of net losses incurred within each risk grade for the entire commercial loan portfolio. The difference between estimated and actual losses is reconciled through the nature of the migration analysis. ● The application of formula driven reserve allocations to consumer and residential mortgage loans which are based upon historical net charge-off experience for those loan types. The residential mortgage loan and consumer loan allocations are based upon the Company’s three-year historical average of actual loan net charge-offs experienced in each of those categories. ● The application of formula driven reserve allocations to all outstanding loans is based upon review of historical losses and qualitative factors, which include but are not limited to, economic trends, delinquencies, levels of non-accrual and TDR loans, concentrations of credit, trends in loan volume, experience and depth of management, examination and audit results, effects of any changes in lending policies and trends in policy, financial information and documentation exceptions. Pass rated credits are segregated from criticized and classified credits for the application of qualitative factors. ● Management recognizes that there may be events or economic factors that have occurred affecting specific borrowers or segments of borrowers that may not yet be fully reflected in the information that the Company uses for arriving at reserves for a specific loan or portfolio segment. Therefore, the Company believes that there is estimation risk associated with the use of specific and formula driven allowances. After completion of this process, a formal meeting of the Loan Loss Reserve Committee is held to evaluate the adequacy of the reserve. When it is determined that the prospects for recovery of the principal of a loan have significantly diminished, the loan is charged-off against the allowance account; subsequent recoveries, if any, are credited to the allowance account. In addition, non-accrual and large delinquent loans are reviewed monthly to determine potential losses. The Company’s policy is to individually review, as circumstances warrant, its commercial and commercial mortgage loans to determine if a loan is impaired. At a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $1,000,000 within a 12-month period. The Company defines classified loans as those loans rated substandard or doubtful. The Company has also identified three pools of small dollar value homogeneous loans which are evaluated collectively for impairment. These separate pools are for small business relationships with aggregate balances of $250,000 or less, residential mortgage loans and consumer loans. Individual loans within these pools are reviewed and evaluated for specific impairment if factors such as significant delinquency in payments of 90 days or more, bankruptcy, or other negative economic concerns indicate impairment. ​ The ALL is maintained to support loan growth and cover charge-offs from the loan portfolio. The ALL is based on management’s continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, the amount of non-performing loans, and past and anticipated loss experience. Non-Performing Assets ​ Non-performing assets are comprised of (i) loans which are on a non-accrual basis, (ii) loans which are contractually past due 90 days or more as to interest or principal payments, and (iii) other real estate owned (OREO – real estate acquired through foreclosure and in-substance foreclosures) and repossessed assets. ​ Loans will be transferred to non-accrual status when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in evaluating the loan include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. The following table presents non-accrual loans, loans past due over 90 days still accruing interest, and OREO and repossessed assets by portfolio class (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ Non-accrual with no ACL Non-accrual with ACL Total non-accrual Loans past due over 90 days still accruing ​ OREO and repossessed assets Total non-performing assets Commercial real estate (owner occupied) ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial and industrial ​ ​ — ​ ​ 1,971 ​ ​ 1,971 ​ ​ — ​ ​ — ​ ​ 1,971 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Other commercial real estate (non-owner occupied) ​ ​ 1,551 ​ ​ 3 ​ ​ 1,554 ​ ​ — ​ ​ — ​ ​ 1,554 Residential mortgages ​ ​ — ​ ​ 724 ​ ​ 724 ​ ​ — ​ ​ — ​ ​ 724 Consumer ​ ​ — ​ ​ 312 ​ ​ 312 ​ ​ — ​ ​ 38 ​ ​ 350 Total ​ $ 1,551 ​ $ 3,010 ​ $ 4,561 ​ $ — ​ $ 38 ​ $ 4,599 ​ It should be noted that the Company has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed in non-accrual status, any outstanding interest is reversed against interest income. ​ Credit Quality Indicators ​ 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 to classify the loans as to credit risk. ​ Management uses a nine-point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized. The first five pass categories are aggregated, while the pass-6, special mention, substandard and doubtful categories are disaggregated to separate pools. The criticized rating categories utilized by management generally follow bank regulatory definitions. The special mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a substandard classification. Loans in the substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. Loans in the doubtful category have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. All loans greater than 90 days past due, or for which any portion of the loan represents a specific allocation of the allowance for credit losses are placed in substandard or doubtful. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Company has a structured loan rating process, which dictates that, at a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $1,000,000 within a 12-month period. Generally, consumer and residential mortgage loans are included in the pass categories unless a specific action, such as bankruptcy, delinquency, or death occurs to raise awareness of a possible credit event. The Company’s commercial relationship managers are responsible for the timely and accurate risk rating of the loans in their portfolios at origination and on an ongoing basis. Risk ratings are assigned by the account officer, but require independent review and rating concurrence from the Company’s internal Loan Review Department. The Loan Review Department is an experienced, independent function which reports directly to the Board’s Audit Committee. The scope of commercial portfolio coverage by the Loan Review Department is defined and presented to the Audit Committee for approval on an annual basis. The approved scope of coverage for the year ending December 31, 2023 requires review of approximately 30% of the commercial loan portfolio. In addition to loan monitoring by the account officer and Loan Review Department, the Company also requires presentation of all credits rated pass-6 with aggregate balances greater than $2,000,000, all credits rated special mention or substandard with aggregate balances greater ​ The following table presents the classes of the commercial and commercial real estate loan portfolios summarized by the aggregate pass and the criticized categories of special mention, substandard and doubtful within the internal risk rating system. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ ​ ​ Term Loans Amortized Cost Basis by Origination Year ​ Cost ​ to ​ ​ ​ ​ 2023 2022 2021 2020 2019 Prior Basis Term Total ​ ​ (IN THOUSANDS) Commercial real estate (owner occupied) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 185 ​ $ 7,161 ​ $ 16,399 ​ $ 8,840 ​ $ 13,641 ​ $ 29,350 ​ $ 1,277 ​ $ — ​ $ 76,853 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 952 ​ ​ — ​ ​ — ​ ​ 952 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 185 ​ $ 7,161 ​ $ 16,399 ​ $ 8,840 ​ $ 13,641 ​ $ 30,302 ​ $ 1,277 ​ $ — ​ $ 77,805 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial and industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,210 ​ $ 40,699 ​ $ 15,050 ​ $ 7,062 ​ $ 9,644 ​ $ 24,592 ​ $ 46,462 ​ $ — ​ $ 145,719 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,550 ​ ​ 3,169 ​ ​ — ​ ​ 4,719 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 2,210 ​ $ 40,699 ​ $ 15,050 ​ $ 7,062 ​ $ 9,644 ​ $ 26,142 ​ $ 49,631 ​ $ — ​ $ 150,438 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate (non-owner occupied) - retail ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 15,954 ​ $ 25,837 ​ $ 33,951 ​ $ 23,771 ​ $ 9,512 ​ $ 44,790 ​ $ 639 ​ $ — ​ $ 154,454 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 15,954 ​ $ 25,837 ​ $ 33,951 ​ $ 23,771 ​ $ 9,512 ​ $ 44,790 ​ $ 639 ​ $ — ​ $ 154,454 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate (non-owner occupied) - multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 3,357 ​ $ 16,730 ​ $ 18,675 ​ $ 12,325 ​ $ 12,003 ​ $ 34,387 ​ $ 343 ​ $ — ​ $ 97,820 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,003 ​ ​ — ​ ​ 122 ​ ​ — ​ ​ — ​ ​ 1,125 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 3,357 ​ $ 16,730 ​ $ 18,675 ​ $ 13,328 ​ $ 12,003 ​ $ 34,509 ​ $ 343 ​ $ — ​ $ 98,945 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial real estate (non-owner occupied) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 5,050 ​ $ 30,771 ​ $ 50,221 ​ $ 22,293 ​ $ 23,602 ​ $ 58,673 ​ $ 5,883 ​ $ — ​ $ 196,493 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ 138 ​ ​ 155 ​ ​ 8,102 ​ ​ — ​ ​ — ​ ​ 8,395 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 7,047 ​ ​ 11,389 ​ ​ 199 ​ ​ — ​ ​ 18,635 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ 3 Total ​ $ 5,050 ​ $ 30,771 ​ $ 50,221 ​ $ 22,431 ​ $ 30,804 ​ $ 78,167 ​ $ 6,082 ​ $ — ​ $ 223,526 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Total by risk rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 26,756 ​ $ 121,198 ​ $ 134,296 ​ $ 74,291 ​ $ 68,402 ​ $ 191,792 ​ $ 54,604 ​ $ — ​ $ 671,339 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ 138 ​ ​ 155 ​ ​ 8,102 ​ ​ — ​ ​ — ​ ​ 8,395 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,003 ​ ​ 7,047 ​ ​ 14,013 ​ ​ 3,368 ​ ​ — ​ ​ 25,431 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ 3 Total ​ $ 26,756 ​ $ 121,198 ​ $ 134,296 ​ $ 75,432 ​ $ 75,604 ​ $ 213,910 ​ $ 57,972 ​ $ — ​ $ 705,168 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ SPECIAL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ PASS MENTION SUBSTANDARD DOUBTFUL TOTAL ​ ​ (IN THOUSANDS) Commercial and industrial ​ $ 148,361 ​ $ — ​ $ 5,037 ​ $ — ​ $ 153,398 Paycheck Protection Program (PPP) ​ ​ 22 ​ ​ — ​ ​ — ​ ​ — ​ ​ 22 Commercial real estate (owner occupied) ​ 74,187 ​ — ​ 971 ​ — ​ 75,158 Commercial real estate (non-owner occupied) ​ 423,486 ​ 11,015 ​ 16,240 ​ 3 ​ 450,744 Total ​ $ 646,056 ​ $ 11,015 ​ $ 22,248 ​ $ 3 ​ $ 679,322 ​ It is generally the policy of the Bank that the outstanding balance of any residential mortgage or home equity loan that exceeds 90-days past due as to principal and/or interest is transferred to non-accrual status and an evaluation is completed to determine the fair value of the collateral less selling costs, unless the balance is minor. A charge-down is recorded for any deficiency balance determined from the collateral evaluation. It is generally the policy of the Bank that the outstanding balance of any unsecured consumer loan that exceeds 90-days past due as to principal and/or interest is charged-off. Loans past due 90 days or more and loans in non-accrual status are considered non-performing. The following tables present the performing and non-performing outstanding balances of the residential mortgage and consumer loan portfolio classes. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ ​ ​ Term Loans Amortized Cost Basis by Origination Year ​ Cost ​ to ​ ​ ​ ​ 2023 2022 2021 2020 2019 Prior Basis Term Total ​ ​ (IN THOUSANDS) Residential mortgages ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 1,074 ​ $ 11,880 ​ $ 65,100 ​ $ 46,870 ​ $ 7,833 ​ $ 41,730 ​ $ — ​ $ — ​ $ 174,487 Non-performing ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 724 ​ ​ — ​ ​ — ​ ​ 724 Total ​ $ 1,074 ​ $ 11,880 ​ $ 65,100 ​ $ 46,870 ​ $ 7,833 ​ $ 42,454 ​ $ — ​ $ — ​ $ 175,211 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 3,290 ​ $ 23,834 ​ $ 11,627 ​ $ 4,054 ​ $ 1,533 ​ $ 5,925 ​ $ 49,309 ​ $ 197 ​ $ 99,769 Non-performing ​ ​ 17 ​ ​ — ​ ​ — ​ ​ 50 ​ ​ 49 ​ ​ 174 ​ ​ 22 ​ ​ — ​ ​ 312 Total

Short-Term Borrowings and Advan

Short-Term Borrowings and Advances from Federal Home Loan Bank	3 Months Ended
	Mar. 31, 2023
Short-Term Borrowings and Advances from Federal Home Loan Bank
Short-Term Borrowings and Advances from Federal Home Loan Bank	10. Short-Term Borrowings and Advances from Federal Home Loan Bank Total short-term and Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ Weighted Type ​ Maturing ​ Amount ​ Average Rate Open Repo Plus Overnight $ 52,989 5.15 % FHLB Advances 2023 ​ 5,718 1.73 ​ ​ 2024 ​ 4,197 1.19 ​ ​ 2025 ​ — — ​ ​ 2026 ​ 2,220 4.05 ​ ​ 2027 ​ 4,000 3.91 ​ Total FHLB advances ​ 16,135 2.45 ​ Total short-term and FHLB borrowings ​ $ 69,124 4.52 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ ​ ​ Weighted Type ​ Maturing ​ Amount ​ Average Rate Open Repo Plus Overnight $ 88,641 4.45 % FHLB Advances 2023 ​ 15,568 1.59 ​ ​ 2024 ​ 4,197 1.19 ​ Total FHLB advances ​ 19,765 1.50 ​ Total short-term and FHLB borrowings ​ $ 108,406 3.91 % ​ The rate on Open Repo Plus advances can change daily, while the rates on the advances are fixed until the maturity of the advance. All FHLB stock along with an interest in certain residential mortgage, commercial real estate, and commercial and industrial loans with an aggregate statutory value equal to the amount of the advances are pledged as collateral to the FHLB of Pittsburgh to support these borrowings.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss	11. Accumulated Other Comprehensive Loss The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ Three months ended March 31, 2022 ​ Net ​ ​ ​ ​ ​ ​ Net ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ Defined ​ ​ ​ ​ Losses on ​ Defined ​ ​ ​ ​ ​ Investment ​ Interest ​ Benefit ​ ​ ​ ​ Investment ​ Benefit ​ ​ ​ ​ ​ Securities ​ Rate ​ Pension ​ ​ ​ ​ Securities ​ Pension ​ ​ ​ ​ ​ AFS (1) ​ Hedge (1) ​ Items (1) ​ Total (1) ​ AFS (1) ​ Items (1) ​ Total (1) Beginning balance ​ $ (14,938) ​ $ — ​ $ (7,582) ​ $ (22,520) ​ $ 1,386 ​ $ (7,898) ​ $ (6,512) Other comprehensive income (loss) before reclassifications ​ 449 ​ (636) ​ — ​ (187) ​ (5,860) ​ 524 ​ (5,336) Amounts reclassified from accumulated other comprehensive loss ​ — ​ (19) ​ — ​ (19) ​ — ​ 395 ​ 395 Net current period other comprehensive income (loss) ​ 449 ​ (655) ​ — ​ (206) ​ (5,860) ​ 919 ​ (4,941) Ending balance ​ $ (14,489) ​ $ (655) ​ $ (7,582) ​ $ (22,726) ​ $ (4,474) ​ $ (6,979) ​ $ (11,453) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. ​ The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended March 31, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount reclassified from accumulated ​ ​ ​ ​ other comprehensive loss (1) ​ ​ ​ ​ For the three ​ For the three ​ ​ Details about accumulated other ​ months ended ​ months ended ​ Affected line item in the comprehensive loss components March 31, 2023 March 31, 2022 statement of operations Interest rate hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ (24) ​ $ — ​ Interest expense - Deposits ​ ​ ​ 5 ​ ​ — ​ Provision for income taxes ​ ​ $ (19) ​ $ — ​ Amortization of estimated defined benefit pension plan loss (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ — ​ $ 500 Other expense ​ ​ — ​ (105) Provision for income taxes ​ ​ $ — ​ $ 395 ​ Total reclassifications for the period ​ $ (19) ​ $ 395 ​ (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).

Regulatory Capital

Regulatory Capital	3 Months Ended
	Mar. 31, 2023
Regulatory Capital
Regulatory Capital	12. Regulatory Capital The Company is subject to various capital requirements administered by the federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. For a more detailed discussion, see the Capital Resources section of Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A). Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total, common equity tier 1, and tier 1 capital to risk-weighted assets (as defined) and tier 1 capital to average assets. Additionally, under Basel III rules, the decision was made to opt-out of including accumulated other comprehensive income in regulatory capital. As of March 31, 2023, the Bank was categorized as “well capitalized” under the regulatory framework for prompt corrective action promulgated by the Federal Reserve. The Company believes that no conditions or events have occurred that would change this conclusion as of such date. To be categorized as well capitalized, the Bank must maintain minimum total capital, common equity tier 1 capital, tier 1 capital, and tier 1 leverage ratios as set forth in the table. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TO BE WELL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ MINIMUM ​ CAPITALIZED ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ REQUIRED ​ UNDER ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ FOR ​ PROMPT ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CAPITAL ​ CORRECTIVE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ADEQUACY ​ ACTION ​ ​ COMPANY ​ BANK ​ PURPOSES ​ REGULATIONS* ​ AMOUNT RATIO AMOUNT RATIO RATIO RATIO ​ ​ (IN THOUSANDS, EXCEPT RATIOS) ​ Total Capital (To Risk Weighted Assets) ​ $ 154,669 14.17 % $ 138,505 12.73 % 8.00 % 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) ​ 114,894 10.52 ​ 125,384 11.52 4.50 6.50 ​ Tier 1 Capital (To Risk Weighted Assets) ​ 114,894 10.52 ​ 125,384 11.52 6.00 8.00 ​ Tier 1 Capital (To Average Assets) ​ 114,894 8.46 ​ 125,384 9.33 4.00 5.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TO BE WELL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ MINIMUM ​ CAPITALIZED ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ REQUIRED ​ UNDER ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ FOR ​ PROMPT ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CAPITAL ​ CORRECTIVE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ADEQUACY ​ ACTION ​ ​ COMPANY ​ BANK ​ PURPOSES ​ REGULATIONS* ​ AMOUNT RATIO AMOUNT RATIO RATIO RATIO ​ ​ (IN THOUSANDS, EXCEPT RATIOS) ​ Total Capital (To Risk Weighted Assets) ​ $ 153,092 13.87 % $ 136,767 12.44 % 8.00 % 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) ​ 114,959 10.41 ​ 125,278 11.39 4.50 6.50 ​ Tier 1 Capital (To Risk Weighted Assets) ​ 114,959 10.41 ​ 125,278 11.39 6.00 8.00 ​ Tier 1 Capital (To Average Assets) ​ 114,959 8.52 ​ 125,278 9.39 4.00 5.00 ​ * Applies to the Bank only. ​

Derivative Hedging Instruments

Derivative Hedging Instruments	3 Months Ended
	Mar. 31, 2023
Derivative Hedging Instruments
Derivative Hedging Instruments	13. Derivative Hedging Instruments The Company can use various interest rate contracts, such as interest rate swaps, caps, floors and swaptions to help manage interest rate and market valuation risk exposure, which is incurred in normal recurrent banking activities. The Company can use derivative instruments, primarily interest rate swaps, to manage interest rate risk and match the rates on certain assets by hedging the fair value of certain fixed rate debt, which converts the debt to variable rates and by hedging the cash flow variability associated with certain variable rate debt by converting the debt to fixed rates. Interest Rate Swap Agreements To accommodate the needs of our customers and support the Company’s asset/liability positioning, we may enter into interest rate swap agreements with customers and a large financial institution that specializes in these types of transactions. These arrangements involve the exchange of interest payments based on the notional amounts. The Company entered into floating rate loans and fixed rate swaps with our customers. Simultaneously, the Company entered into offsetting fixed rate swaps with this large financial institution. In connection with each swap transaction, the Company agrees to pay interest to the customer on a notional amount at a variable interest rate and receive interest from the customer on the same notional amount at a fixed interest rate. At the same time, the Company agrees to pay the large financial institution the same fixed interest rate on the same notional amount and receive the same variable interest rate on the same notional amount. These transactions allow the Company’s customers to effectively convert a variable rate loan to a fixed rate. Because the Company acts as an intermediary for its customers, changes in the fair value of the underlying derivative contracts offset each other and do not significantly impact the Company’s results of operations. These swaps are considered free-standing derivatives and are reported at fair value within other assets and other liabilities on the Consolidated Balance Sheets. Disclosures related to the fair value of the swap transactions can be found in Note 17. The following table summarizes the interest rate swap transactions that impacted the Company’s first three months of 2023 and 2022 performance (in thousands, except percentages). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ INCREASE ​ ​ ​ ​ AGGREGATE ​ WEIGHTED ​ ​ ​ (DECREASE) ​ ​ ​ ​ NOTIONAL ​ AVERAGE RATE ​ REPRICING ​ IN INTEREST ​ ​ HEDGE TYPE ​ AMOUNT ​ RECEIVED/(PAID) ​ FREQUENCY ​ EXPENSE Swap assets N/A $ 65,770 6.99 % Monthly $ 437 Swap liabilities N/A ​ (65,770) (6.99) Monthly ​ (437) Net exposure ​ ​ $ — — % ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ INCREASE ​ ​ ​ ​ AGGREGATE ​ WEIGHTED ​ ​ ​ (DECREASE) ​ ​ ​ ​ NOTIONAL ​ AVERAGE RATE ​ REPRICING ​ IN INTEREST ​ ​ HEDGE TYPE ​ AMOUNT ​ RECEIVED/(PAID) ​ FREQUENCY ​ EXPENSE Swap assets N/A $ 66,756 2.64 % Monthly $ (250) Swap liabilities N/A ​ (66,756) (2.64) Monthly ​ 250 Net exposure ​ ​ $ — — % ​ $ — ​ Risk Participation Agreement ​ The Company entered into a risk participation agreement (RPA) with the lead bank of a commercial real estate loan arrangement. As a participating bank, the Company guarantees the performance on a borrower-related interest rate swap contract. The Company has no obligations under the RPA unless the borrower defaults on their swap transaction with the lead bank and the swap is a liability to the borrower. In that instance, the Company has agreed to pay the lead bank a pre-determined percentage of the swap’s value at the time of default. In exchange for providing the guarantee, the Company received an upfront fee from the lead bank. ​ RPAs are derivative financial instruments and are recorded at fair value. These derivatives are not designated as hedges and therefore, changes in fair value are recognized in earnings with a corresponding offset within other liabilities. Disclosures related to the fair value of the RPA can be found in Note 17. The notional amount of the risk participation agreement outstanding at March 31, 2023 and December 31, 2022 was $2.0 million and $2.1 million, respectively. ​ Interest Rate Hedge ​ The Company has entered into an interest rate swap with a notional value of $50 million in order to hedge the interest rate risk associated with certain floating-rate time deposit accounts. The hedge transaction allows the Company to add stability to interest expense and manage its exposure to interest rate movements. This interest rate swap is designated as a cash flow hedge and involves the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed payments. ​ For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is reported in accumulated other comprehensive loss (within Shareholders’ Equity), net of tax, with a corresponding offset within other liabilities. Disclosures related to the fair value of the interest rate hedge can be found in Note 17. Amounts recorded in accumulated other comprehensive loss for the effective portion of changes in the fair value are subsequently reclassified to earnings when the hedged transaction affects earnings. The ineffective portion of changes in the fair value of the derivative is recognized directly in earnings. The Company assesses the effectiveness of the hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged transactions. The Company did not recognize any hedge ineffectiveness in earnings during the period ended March 31, 2023. ​ Amounts reported in accumulated other comprehensive loss related to derivatives will be reclassified to interest expense as interest payments are made on certain of the Company’s variable rate time deposit accounts. During the three months ended March 31, 2023, the Company had $24,000 of gains, which resulted in a decrease to interest expense. In the twelve months that follow March 31, 2023, the Company estimates that approximately $300,000 will be reclassified as a decrease to interest expense. This reclassified amount could differ from amounts actually recognized due to changes in interest rates and the potential execution of additional other hedges. As of March 31, 2023, the maximum length of time over which forecasted transactions are hedged is three years. ​ The following table summarizes the effect of the effective portion of the Company’s cash flow hedge accounting on accumulated other comprehensive loss for the three months ended March 31, 2023 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 Derivatives in Cash Flow Hedging Relationships ​ Amount Recognized in Other Comprehensive Loss on Derivative ​ Location on Consolidated Statements of Operations of Reclassification from Accumulated Other Comprehensive Loss ​ Amount Reclassified from Accumulated Other Compreshensive Loss Interest rate hedge ​ $ (829) Interest expense - Deposits $ (24) Total ​ $ (829) ​ ​ $ (24) ​ The Company monitors and controls all derivative products with a comprehensive Board of Directors approved Hedging Policy. This policy permits a total maximum notional amount outstanding of $500 million for interest rate swaps, interest rate caps/floors, and swaptions. All hedge transactions must be approved in advance by the Investment Asset/Liability Committee (ALCO) of the Board of Directors, unless otherwise approved, as per the terms, within the Board of Directors approved Hedging Policy. The Company had no caps or floors outstanding at March 31, 2023 and 2022.

Segment Results

Segment Results	3 Months Ended
	Mar. 31, 2023
Segment Results
Segment Results	14. Segment Results The financial performance of the Company is also monitored by an internal funds transfer pricing profitability measurement system which produces line of business results and key performance measures. The Company’s major business units include community banking, wealth management, and investment/parent. The reported results reflect the underlying economics of the business segments. Expenses for centrally provided services are allocated based upon the cost and estimated usage of those services. The businesses are match-funded and interest rate risk is centrally managed and accounted for within the investment/parent business segment. The key performance measure the Company focuses on for each business segment is net income contribution. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans. The wealth management segment includes the Trust Company, West Chester Capital Advisors (WCCA), our registered investment advisory firm, and Financial Services. Wealth management activities include personal trust products and services such as personal portfolio investment management, estate planning and administration, custodial services and pre-need trusts. Also, institutional trust products and services such as 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts are included in this segment. Financial Services include the sale of mutual funds, annuities, and insurance products. The wealth management businesses also include the union collective investment funds (ERECT funds) which are designed to use union pension dollars in construction projects that utilize union labor. The investment/parent includes the net results of investment securities and borrowing activities, general corporate expenses not allocated to the business segments, interest expense on corporate debt, and centralized interest rate risk management. Inter-segment revenues were not material. The contribution of the major business segments to the Consolidated Statements of Operations for the three months ended March 31, 2023 and 2022 were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ March 31, 2023 ​ ​ ​ Total revenue ​ Net income (loss) ​ Community banking $ 13,358 $ 3,668 Wealth management ​ 2,746 ​ 448 ​ Investment/Parent ​ (1,075) ​ (2,601) ​ Total ​ $ 15,029 ​ $ 1,515 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ March 31, 2022 ​ ​ ​ Total revenue ​ Net income (loss) ​ Community banking $ 12,150 $ 3,187 Wealth management ​ 3,186 ​ 723 ​ Investment/Parent ​ (1,234) ​ (1,492) ​ Total ​ $ 14,102 ​ $ 2,418 ​ ​

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2023
Commitments and Contingent Liabilities
Commitments and Contingent Liabilities	15. Commitments and Contingent Liabilities The Company had various outstanding commitments to extend credit approximating $236.1 million and $227.6 million along with standby letters of credit of $8.7 million and $9.0 million as of March 31, 2023 and December 31, 2022, respectively. The Company’s exposure to credit loss in the event of nonperformance by the other party to these commitments to extend credit and standby letters of credit is represented by their contractual amounts. The Bank uses the same credit and collateral policies in making commitments and conditional obligations as for all other lending. The Company estimates expected credit losses over the contractual period in which it is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable. The allowance for credit losses on off-balance sheet credit exposures is adjusted through the provision (credit) for credit losses line on the Consolidated Statements of Operations. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The carrying amount of the allowance for credit losses for the Company’s obligations related to unfunded commitments and standby letters of credit, which is reported in other liabilities on the Consolidated Balance Sheets, was $906,000 at March 31, 2023 and $746,000 at December 31, 2022. Additionally, the Company is also subject to a number of asserted and unasserted potential claims encountered in the normal course of business. In the opinion of the Company, neither the resolution of these claims nor the funding of these credit commitments will have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.

Pension Benefits

Pension Benefits	3 Months Ended
	Mar. 31, 2023
Pension Benefits
Pension Benefits	16. Pension Benefits The Company has a noncontributory defined benefit pension plan covering certain employees who work at least 1,000 hours per year. The participants have a vested interest in their accrued benefit after five ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ March 31, ​ ​ 2023 2022 COMPONENTS OF NET PERIODIC BENEFIT COST: ​ ​ ​ Service cost ​ $ 258 ​ $ 387 Interest cost ​ 435 ​ 273 Expected return on plan assets ​ (1,034) ​ (1,050) Amortization of net loss ​ — ​ 500 Net periodic pension (benefit) cost ​ $ (341) ​ $ 110 ​ The service cost component of net periodic benefit cost is included in salaries and employee benefits and all other components of net periodic benefit cost are included in other expense on the Consolidated Statements of Operations. The reduced pension expense in the first quarter of 2023 reflects the retirement of many employees over the past two years who chose to take a lump sum payment instead of receiving future monthly annuity payments. These individuals are no longer included in the pension plan which therefore favorably impacts the Company’s basic pension expense. The accrued pension liability, which had a positive (debit) balance of $21.7 million and $21.3 million, was reclassified to other assets on the Consolidated Balance Sheets as of March 31, 2023 and December 31, 2022, respectively. The balance of the accrued pension liability continues to be a positive value as a result of Company contributions to the plan and the revaluation of the obligation. The Company implemented a soft freeze of its defined benefit pension plan to provide that non-union employees hired on or after January 1, 2013 and union employees hired on or after January 1, 2014 are not eligible to participate in the pension plan. Instead, such employees are eligible to participate in a qualified 401(k) plan. This change was made to help reduce pension costs in future periods.

Disclosures about Fair Value Me

Disclosures about Fair Value Measurements and Financial Instruments	3 Months Ended
	Mar. 31, 2023
Disclosures about Fair Value Measurements and Financial Instruments
Disclosures about Fair Value Measurements and Financial Instruments	17. Disclosures about Fair Value Measurements and Financial Instruments The following disclosures establish a hierarchal disclosure framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The three broad levels defined within this hierarchy are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. Assets and Liabilities Measured and Recorded on a Recurring Basis Equity securities are reported at fair value utilizing Level 1 inputs. These securities are mutual funds held within a rabbi trust for the Company's executive deferred compensation plan. The mutual funds held are open-end funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value and to transact at that price. Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. It should be noted that available for sale securities are reported at fair value, net of any related allowance for credit losses. The fair values of the simultaneous interest rate swaps and the interest rate hedge used for interest rate risk management and the risk participation agreement associated with a commercial real estate loan are based on an external derivative valuation model using data inputs from similar transactions as of the valuation date and classified Level 2. ​ The following table presents the assets and liabilities measured and reported on the Consolidated Balance Sheets on a recurring basis at their fair value as of March 31, 2023 and December 31, 2022, by level within the fair value hierarchy (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at March 31, 2023 ​ TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Equity securities (1) ​ $ 465 ​ $ 465 ​ $ — ​ $ — Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Agency ​ 11,556 ​ — ​ 11,556 ​ — U.S. Agency mortgage-backed securities ​ ​ 88,636 ​ ​ — ​ ​ 88,636 ​ ​ — Municipal ​ 19,337 ​ — ​ 19,337 ​ — Corporate bonds ​ 58,344 ​ — ​ 58,344 ​ — Interest rate swap asset (1) ​ 4,837 ​ — ​ 4,837 ​ — Interest rate swap liability (2) ​ (4,813) ​ — ​ (4,813) ​ — Interest rate hedge (2) ​ (828) ​ — ​ (828) ​ — Risk participation agreement (2) ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at December 31, 2022 ​ TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Equity securities (1) ​ $ 502 ​ $ 502 ​ $ — ​ $ — Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Agency ​ 10,533 ​ — ​ 10,533 ​ — U.S. Agency mortgage-backed securities ​ ​ 89,985 ​ ​ — ​ ​ 89,985 ​ ​ — Municipal ​ 19,038 ​ — ​ 19,038 ​ — Corporate bonds ​ 59,952 ​ — ​ 59,952 ​ — Interest rate swap asset (1) ​ 6,992 ​ — ​ 6,992 ​ — Interest rate swap liability (2) ​ (6,872) ​ — ​ (6,872) ​ — Risk participation agreement (2) ​ — ​ — ​ — ​ — (1) Included within other assets on the Consolidated Balance Sheets. (2) Included within other liabilities on the Consolidated Balance Sheets. ​ Assets Measured and Recorded on a Non-Recurring Basis The Company evaluates individual loans for expected credit losses when those loans do not share similar risk characteristics with loans evaluated using a collective (pooled) basis. Individually evaluated loans are reported at the fair value of the underlying collateral if the repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on observable market data which at times are discounted using unobservable inputs. At March 31, 2023 and December 31, 2022, individually evaluated loans using the collateral method with a carrying value of $1.6 million were reduced by a specific valuation allowance totaling $3,000 resulting in a net fair value of $1.6 million. Other real estate owned is measured at fair value based on appraisals, less estimated costs to sell at the date of foreclosure. The Bank’s internal Collections and Assigned Risk Department estimates the fair value of repossessed assets, such as vehicles and equipment, using a formula driven analysis based on automobile or other industry data, less estimated costs to sell at the time of repossession. Valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value, less cost to sell. Income and expenses from operations and changes in valuation allowance are included in the net expenses from OREO and repossessed assets. Assets measured and recorded at fair value on a non-recurring basis are summarized below (in thousands, except range data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements March 31, 2023 ​ ​ ​ (LEVEL 1) (LEVEL 2) (LEVEL 3) Individually evaluated loans ​ $ 1,551 ​ $ — ​ $ — ​ $ 1,551 Other real estate owned and repossessed assets ​ 38 ​ — ​ — ​ 38 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements December 31, 2022 TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Impaired loans ​ $ 1,583 ​ $ — ​ $ — ​ $ 1,583 Other real estate owned and repossessed assets ​ 39 ​ — ​ — ​ 39 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ ​ ​ Valuation ​ Unobservable ​ ​ ​ March 31, 2023 Fair Value Techniques Input Range (Wgtd Avg) Individually evaluated loans ​ $ 1,551 Appraisal of Appraisal 0% to 100% (0.2%) ​ ​ ​ ​ ​ ​ collateral (1) ​ adjustments (2) ​ ​ ​ Other real estate owned and repossessed assets ​ 38 Appraisal of Appraisal 52% (52%) ​ ​ ​ collateral (1) adjustments (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquidation ​ 15% (15%) ​ ​ ​ ​ ​ ​ ​ ​ expenses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ ​ ​ Valuation ​ Unobservable ​ ​ ​ December 31, 2022 Fair Value Techniques Input Range (Wgtd Avg) Impaired loans $ 1,583 Appraisal of Appraisal 0% to 100% (0.2%) ​ ​ ​ collateral (1) adjustments (2) ​ ​ Other real estate owned and repossessed assets 39 Appraisal of Appraisal 52% (52%) ​ ​ ​ ​ ​ ​ collateral (1) ​ adjustments (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquidation ​ 10% to 39% (11%) ​ ​ ​ ​ ​ ​ ​ ​ expenses ​ ​ ​ (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. Also includes qualitative adjustments by management and estimated liquidation expenses. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions. ​ FAIR VALUE OF FINANCIAL INSTRUMENTS For the Company, as for most financial institutions, approximately 90% of its assets and liabilities are considered financial instruments. Many of the Company’s financial instruments, however, lack an available trading market characterized by a willing buyer and willing seller engaging in an exchange transaction. Therefore, significant estimates and present value calculations were used by the Company for the purpose of this disclosure. Fair values have been determined by the Company using independent third party valuations that use the best available data (Level 2) and an estimation methodology (Level 3) the Company believes is suitable for each category of financial instruments. Management believes that cash and cash equivalents, bank owned life insurance, regulatory stock, accrued interest receivable and payable, deposits with no stated maturities, and short-term borrowings have fair values which approximate the recorded carrying values. The fair value measurements for all of these financial instruments are Level 1 measurements. The estimated fair values based on U.S. GAAP measurements and recorded carrying values at March 31, 2023 and December 31, 2022 for the remaining financial instruments not required to be reported at fair value were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Value ​ ​ Fair Value ​ ​ (Level 1) ​ ​ (Level 2) ​ ​ (Level 3) ​ ​ ​ (IN THOUSANDS) FINANCIAL ASSETS: ​ ​ ​ ​ ​ Investment securities – HTM ​ $ 60,740 ​ $ 54,957 ​ $ — ​ $ 52,050 ​ $ 2,907 Loans held for sale ​ 417 ​ ​ 435 ​ ​ 435 ​ — ​ — Loans, net of allowance for credit losses and unearned income ​ 968,328 ​ ​ 914,351 ​ ​ — ​ — ​ 914,351 FINANCIAL LIABILITIES: ​ ​ ​ ​ ​ Deposits with stated maturities ​ ​ 298,095 ​ ​ 294,692 ​ ​ — ​ ​ — ​ ​ 294,692 All other borrowings (1) ​ 42,789 ​ 41,008 ​ — ​ — ​ 41,008 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Value ​ Fair Value ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ (IN THOUSANDS) FINANCIAL ASSETS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment securities – HTM ​ $ 61,878 ​ $ 55,192 ​ $ — ​ $ 52,323 ​ $ 2,869 Loans held for sale ​ 59 ​ ​ 57 ​ ​ 57 ​ — ​ — Loans, net of allowance for credit losses and unearned income ​ 980,023 ​ ​ 938,188 ​ ​ — ​ — ​ 938,188 FINANCIAL LIABILITIES: ​ ​ ​ ​ ​ Deposits with stated maturities ​ ​ 286,004 ​ ​ 281,297 ​ ​ — ​ ​ — ​ ​ 281,297 All other borrowings (1) ​ 46,409 ​ 44,759 ​ — ​ — ​ 44,759 (1) All other borrowings include advances from Federal Home Loan Bank and subordinated debt. ​ Changes in assumptions or estimation methodologies may have a material effect on these estimated fair values. The Company’s remaining assets and liabilities which are not considered financial instruments have not been valued differently than has been customary under historical cost accounting.

Adoption of Accounting Standa_2

Adoption of Accounting Standards (Tables)	3 Months Ended
	Mar. 31, 2023
Adoption of Accounting Standards
Schedule of current expected credit loss model	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 1, 2023 ​ Pre-ASU 2016-13 Impact of ASU 2016-13 Adoption As Reported Under ASU 2016-13 ​ ​ (In Thousands) Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - held to maturity securities ​ ​ ​ ​ ​ ​ ​ ​ ​ Municipal ​ $ — ​ $ 3 ​ $ 3 Corporate bonds and other securities ​ ​ — ​ ​ 111 ​ ​ 111 Allowance for credit losses - held to maturity securities ​ $ — ​ $ 114 ​ $ 114 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans, net of unearned income ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate (owner occupied) ​ $ 75,158 ​ $ 6,201 ​ $ 81,359 Other commercial and industrial ​ ​ 153,420 ​ ​ (31) ​ ​ 153,389 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 148,901 ​ ​ 148,901 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 106,423 ​ ​ 106,423 Other commercial real estate (non-owner occupied) ​ ​ 450,744 ​ ​ (225,831) ​ ​ 224,913 Residential mortgages ​ ​ 297,971 ​ ​ (124,194) ​ ​ 173,777 Consumer ​ ​ 13,473 ​ ​ 88,531 ​ ​ 102,004 Loans, net of unearned income ​ $ 990,766 ​ $ — ​ $ 990,766 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - loans ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate (owner occupied) ​ $ — ​ $ 1,380 ​ $ 1,380 Other commercial and industrial ​ ​ — ​ ​ 2,908 ​ ​ 2,908 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 1,432 ​ ​ 1,432 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 1,226 ​ ​ 1,226 Other commercial real estate (non-owner occupied) ​ ​ 5,972 ​ ​ (2,776) ​ ​ 3,196 Commercial (owner occupied real estate and other) ​ ​ 2,653 ​ ​ (2,653) ​ ​ — Residential mortgages ​ ​ 1,380 ​ ​ (355) ​ ​ 1,025 Consumer ​ ​ 85 ​ ​ 695 ​ ​ 780 Allocation for general risk ​ ​ 653 ​ ​ (653) ​ ​ — Allowance for credit losses - loans ​ $ 10,743 ​ $ 1,204 ​ $ 11,947 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for credit losses - unfunded commitments ​ $ 746 ​ $ 177 ​ $ 923

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue Recognition
Schedule of non-interest income, segregated by revenue	The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three-month period ending March 31, 2023 and 2022 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ March 31, ​ ​ 2023 2022 Non-interest income: ​ ​ ​ ​ ​ ​ In-scope of Topic 606 ​ ​ Wealth management fees ​ $ 2,738 ​ $ 3,165 Service charges on deposit accounts ​ 266 ​ 272 Other ​ 481 ​ 472 Non-interest income (in-scope of topic 606) ​ 3,485 ​ 3,909 Non-interest income (out-of-scope of topic 606) ​ 2,022 ​ 426 Total non-interest income ​ $ 5,507 ​ $ 4,335

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Common Share
Schedule of Earnings Per Common Share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ March 31, ​ 2023 2022 ​ ​ (In thousands, except per share data) Numerator: ​ ​ Net income ​ $ 1,515 ​ $ 2,418 Denominator: ​ ​ Weighted average common shares outstanding (basic) ​ 17,131 ​ 17,094 Effect of stock options ​ 24 ​ 52 Weighted average common shares outstanding (diluted) ​ 17,155 ​ 17,146 Earnings per common share ​ ​ Basic ​ $ 0.09 ​ $ 0.14 Diluted ​ 0.09 ​ 0.14

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Securities
Summary of amortized cost and fair value of securities available-for-sale	Investment securities available for sale (AFS): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ALLOWANCE ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FOR CREDIT ​ FAIR ​ COST BASIS GAINS LOSSES ​ LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 12,713 ​ $ 1 ​ $ (1,158) ​ $ — ​ $ 11,556 U.S. Agency mortgage-backed securities ​ 100,428 ​ 80 ​ (11,872) ​ ​ — ​ 88,636 Municipal ​ 20,837 ​ 3 ​ (1,503) ​ ​ — ​ 19,337 Corporate bonds ​ 63,162 ​ 8 ​ (3,900) ​ ​ (926) ​ 58,344 Total ​ $ 197,140 ​ $ 92 ​ $ (18,433) ​ $ (926) ​ $ 177,873 ​ Investment securities available for sale (AFS): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ COST BASIS GAINS LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 11,797 ​ $ 1 ​ $ (1,265) ​ $ 10,533 U.S. Agency mortgage-backed securities ​ 102,631 ​ 64 ​ (12,710) ​ 89,985 Municipal ​ 20,837 ​ — ​ (1,799) ​ 19,038 Corporate bonds ​ 63,152 ​ 30 ​ (3,230) ​ 59,952 Total ​ $ 198,417 ​ $ 95 ​ $ (19,004) ​ $ 179,508 ​
Summary of amortized cost and fair value of securities held-to-maturity	Investment securities held to maturity (HTM): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ALLOWANCE ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ FOR CREDIT ​ COST BASIS GAINS LOSSES ​ VALUE LOSSES ​ ​ (IN THOUSANDS) U.S. Agency ​ $ 2,500 ​ $ — ​ $ (418) ​ $ 2,082 ​ $ — U.S. Agency mortgage-backed securities ​ ​ 18,831 ​ ​ 8 ​ ​ (2,036) ​ ​ 16,803 ​ ​ — Municipal ​ 33,983 ​ 1 ​ (3,206) ​ 30,778 ​ 3 Corporate bonds and other securities ​ 5,426 ​ — ​ (132) ​ 5,294 ​ 80 Total ​ $ 60,740 ​ $ 9 ​ $ (5,792) ​ $ 54,957 ​ $ 83 ​ Investment securities held to maturity (HTM): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ GROSS ​ GROSS ​ ​ ​ ​ ​ ​ ​ ​ UNREALIZED ​ UNREALIZED ​ FAIR ​ ​ COST BASIS GAINS LOSSES VALUE ​ ​ (IN THOUSANDS) U.S. Agency $ 2,500 ​ $ — ​ $ (432) ​ $ 2,068 U.S. Agency mortgage-backed securities ​ 18,877 ​ ​ 8 ​ ​ (2,212) ​ ​ 16,673 Municipal ​ 33,993 ​ 2 ​ (3,880) ​ 30,115 Corporate bonds and other securities ​ 6,508 ​ — ​ (172) ​ 6,336 Total ​ $ 61,878 ​ $ 10 ​ $ (6,696) ​ $ 55,192 ​
Schedule of investment securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Available for sale ​ Held to maturity ​ Cost Basis Fair Value Cost Basis Fair Value Within 1 year ​ $ 6,385 ​ $ 6,328 ​ $ 2,425 ​ $ 2,386 After 1 year but within 5 years ​ 48,222 ​ 46,066 ​ 12,381 ​ 11,889 After 5 years but within 10 years ​ 47,646 ​ 42,248 ​ 25,687 ​ 22,853 Over 10 years ​ 94,887 ​ 83,231 ​ 20,247 ​ 17,829 Total ​ $ 197,140 ​ $ 177,873 ​ $ 60,740 ​ $ 54,957 ​
Schedule of investments with unrealized losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ LESS THAN 12 MONTHS ​ 12 MONTHS OR LONGER ​ TOTAL ​ ​ FAIR ​ UNREALIZED ​ FAIR ​ UNREALIZED ​ FAIR ​ UNREALIZED ​ VALUE LOSSES VALUE LOSSES VALUE LOSSES U.S. Agency ​ $ 2,448 ​ $ (48) ​ $ 8,107 ​ $ (1,110) ​ $ 10,555 ​ $ (1,158) U.S. Agency mortgage-backed securities ​ ​ 26,473 ​ ​ (1,161) ​ ​ 56,993 ​ ​ (10,711) ​ ​ 83,466 ​ ​ (11,872) Municipal ​ 3,358 ​ ​ (85) ​ ​ 15,216 ​ ​ (1,418) ​ ​ 18,574 ​ ​ (1,503) Corporate bonds ​ 26,749 ​ ​ (1,412) ​ ​ 26,586 ​ ​ (2,488) ​ ​ 53,335 ​ ​ (3,900) Total ​ $ 59,028 ​ $ (2,706) ​ $ 106,902 ​ $ (15,727) ​ $ 165,930 ​ $ (18,433) ​
Schedule of allowance for credit losses on held to maturity debt securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ ​ Balance at ​ Impact of Adopting ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2022 ​ ASU 2016-13 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2023 U.S. Agency $ — ​ $ — $ — $ — $ — $ — U.S. Agency mortgage-backed securities ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Municipal ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 Corporate bonds and other securities ​ ​ — ​ ​ 111 ​ ​ — ​ ​ — ​ ​ (31) ​ ​ 80 Total ​ $ — ​ $ 114 ​ $ — ​ $ — ​ $ (31) ​ $ 83 ​
Schedule of amortized cost of held to maturity debt securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ ​ Credit Rating ​ ​ AAA/AA/A ​ BBB/BB/B ​ Unrated ​ Total U.S. Agency $ 2,500 ​ $ — $ — $ 2,500 U.S. Agency mortgage-backed securities ​ ​ 18,831 ​ ​ — ​ ​ — ​ ​ 18,831 Municipal ​ ​ 33,983 ​ ​ — ​ ​ — ​ ​ 33,983 Corporate bonds and other securities ​ ​ 4,010 ​ ​ — ​ ​ 1,416 ​ ​ 5,426 Total ​ $ 59,324 ​ $ — ​ $ 1,416 ​ $ 60,740 ​

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2023
Loans
Schedule of loan portfolio	The loan portfolio of the Company consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ March 31, 2023 Commercial: ​ ​ ​ Commercial real estate (owner occupied) (1) ​ $ 77,805 Other commercial and industrial ​ ​ 150,438 Commercial real estate (non-owner occupied): ​ ​ Retail (1) ​ ​ 154,454 Multi-family (1) ​ ​ 98,945 Other (1) ​ ​ 223,526 Residential mortgages ​ 175,211 Consumer ​ 100,081 Loans, net of unearned income ​ $ 980,460 ​ ​ ​ ​ ​ ​ ​ December 31, 2022 Commercial: ​ ​ ​ Commercial and industrial ​ $ 153,398 Paycheck Protection Program (PPP) ​ ​ 22 Commercial real estate (owner occupied) (1) ​ 75,158 Commercial real estate (non-owner occupied) (1) ​ 450,744 Residential mortgages (1) ​ 297,971 Consumer ​ 13,473 Loans, net of unearned income ​ $ 990,766 (1) Real estate construction loans constituted 3.2% and 4.7% of the Company’s total loans, net of unearned income as of March 31, 2023 and December 31, 2022, respectively.

Allowance for Credit Losses -_2

Allowance for Credit Losses - Loans (Tables)	3 Months Ended
	Mar. 31, 2023
Allowance for Credit Losses - Loans
Schedule of Loan losses by portfolio segment	The following tables summarize the rollforward of the allowance for credit losses by loan portfolio segment for the three-month periods ending March 31, 2023 and 2022 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ ​ Balance at ​ Impact of Adopting ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2022 ​ ASU 2016-13 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2023 Commercial real estate (owner occupied) $ — ​ $ 1,380 $ — $ 6 $ (66) $ 1,320 Other commercial and industrial ​ ​ — ​ ​ 2,908 ​ ​ — ​ ​ 1 ​ ​ (36) ​ ​ 2,873 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ 1,432 ​ ​ — ​ ​ — ​ ​ 54 ​ ​ 1,486 Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ 1,226 ​ ​ — ​ ​ 1 ​ ​ (81) ​ ​ 1,146 Other commercial real estate (non-owner occupied) ​ ​ 5,972 ​ ​ (2,776) ​ ​ — ​ ​ 4 ​ ​ (3) ​ ​ 3,197 Commercial (owner occupied real estate and other) ​ 2,653 ​ ​ (2,653) ​ — ​ — ​ — ​ — Residential mortgages ​ 1,380 ​ ​ (355) ​ — ​ 2 ​ 5 ​ 1,032 Consumer ​ 85 ​ ​ 695 ​ (139) ​ 9 ​ 428 ​ 1,078 Allocation for general risk ​ 653 ​ ​ (653) ​ — ​ — ​ — ​ — Total ​ $ 10,743 ​ $ 1,204 ​ $ (139) ​ $ 23 ​ $ 301 ​ $ 12,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2022 ​ ​ Balance at ​ Charge- ​ ​ ​ ​ Provision ​ Balance at ​ ​ December 31, 2021 ​ Offs ​ Recoveries ​ (Credit) ​ March 31, 2022 Commercial $ 3,071 $ (72) $ — $ 252 $ 3,251 Commercial real estate (non-owner occupied) ​ 6,392 ​ — ​ 13 ​ (475) ​ 5,930 Residential mortgages ​ 1,590 ​ — ​ 8 ​ (133) ​ 1,465 Consumer ​ 113 ​ (45) ​ 20 ​ 11 ​ 99 Allocation for general risk ​ 1,232 ​ — ​ — ​ (55) ​ 1,177 Total ​ $ 12,398 ​ $ (117) ​ $ 41 ​ $ (400) ​ $ 11,922 ​
Schedule of loan portfolio and allowance for credit losses	The following tables summarize the loan portfolio and allowance for credit losses (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ Commercial real estate (owner occupied) Other commercial and industrial Commercial real estate (non-owner occupied) - retail ​ ​ Commercial real estate (non-owner occupied) - multi-family Other commercial real estate (non-owner occupied) Residential mortgages Consumer Total Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated ​ $ — ​ $ 1,971 ​ $ — ​ $ — ​ $ 1,554 ​ $ — $ — ​ $ 3,525 Collectively evaluated ​ 77,805 ​ 148,467 ​ 154,454 ​ ​ 98,945 ​ 221,972 ​ 175,211 ​ 100,081 ​ 976,935 Total loans ​ $ 77,805 ​ $ 150,438 ​ $ 154,454 ​ $ 98,945 ​ $ 223,526 ​ $ 175,211 $ 100,081 ​ $ 980,460 Allowance for credit losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Specific reserve allocation ​ $ — ​ $ 416 ​ $ — ​ $ — ​ $ 3 ​ $ — ​ $ — ​ $ 419 General reserve allocation ​ 1,320 ​ 2,457 ​ 1,486 ​ ​ 1,146 ​ 3,194 ​ 1,032 ​ 1,078 ​ 11,713 Total allowance for credit losses ​ $ 1,320 ​ $ 2,873 ​ $ 1,486 ​ $ 1,146 ​ $ 3,197 ​ $ 1,032 ​ $ 1,078 ​ $ 12,132 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ Commercial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ real estate ​ Residential ​ ​ ​ ​ Allocation for ​ ​ ​ ​ Commercial (non-owner occupied) mortgages Consumer general risk Total Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated ​ $ 1,989 ​ $ 1,586 ​ $ — ​ $ — ​ ​ $ 3,575 Collectively evaluated ​ 226,589 ​ 449,158 ​ 297,971 ​ 13,473 ​ ​ 987,191 Total loans ​ $ 228,578 ​ $ 450,744 ​ $ 297,971 ​ $ 13,473 ​ ​ $ 990,766 Allowance for credit losses: ​ ​ ​ ​ ​ ​ Specific reserve allocation ​ $ 520 ​ $ 3 ​ $ — ​ $ — ​ $ — ​ $ 523 General reserve allocation ​ 2,133 ​ 5,969 ​ 1,380 ​ 85 ​ 653 ​ 10,220 Total allowance for credit losses ​ $ 2,653 ​ $ 5,972 ​ $ 1,380 ​ $ 85 ​ $ 653 ​ $ 10,743 ​
Schedule of amortized cost basis of collateral-dependent loans	The following table presents the amortized cost basis of collateral-dependent loans by class of loans (in thousands). ​ ​ ​ ​ ​ ​ ​ Collateral Type March 31, 2023 ​ Real Estate Commercial real estate (non-owner occupied): ​ ​ Other ​ $ 1,554 Total ​ $ 1,554 ​
Schedule of non performing assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ Non-accrual with no ACL Non-accrual with ACL Total non-accrual Loans past due over 90 days still accruing ​ OREO and repossessed assets Total non-performing assets Commercial real estate (owner occupied) ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial and industrial ​ ​ — ​ ​ 1,971 ​ ​ 1,971 ​ ​ — ​ ​ — ​ ​ 1,971 Commercial real estate (non-owner occupied) - retail ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Commercial real estate (non-owner occupied) - multi-family ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Other commercial real estate (non-owner occupied) ​ ​ 1,551 ​ ​ 3 ​ ​ 1,554 ​ ​ — ​ ​ — ​ ​ 1,554 Residential mortgages ​ ​ — ​ ​ 724 ​ ​ 724 ​ ​ — ​ ​ — ​ ​ 724 Consumer ​ ​ — ​ ​ 312 ​ ​ 312 ​ ​ — ​ ​ 38 ​ ​ 350 Total ​ $ 1,551 ​ $ 3,010 ​ $ 4,561 ​ $ — ​ $ 38 ​ $ 4,599
Schedule of Commercial and commercial real estate loan portfolios	​ The following table presents the classes of the commercial and commercial real estate loan portfolios summarized by the aggregate pass and the criticized categories of special mention, substandard and doubtful within the internal risk rating system. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ ​ ​ Term Loans Amortized Cost Basis by Origination Year ​ Cost ​ to ​ ​ ​ ​ 2023 2022 2021 2020 2019 Prior Basis Term Total ​ ​ (IN THOUSANDS) Commercial real estate (owner occupied) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 185 ​ $ 7,161 ​ $ 16,399 ​ $ 8,840 ​ $ 13,641 ​ $ 29,350 ​ $ 1,277 ​ $ — ​ $ 76,853 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 952 ​ ​ — ​ ​ — ​ ​ 952 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 185 ​ $ 7,161 ​ $ 16,399 ​ $ 8,840 ​ $ 13,641 ​ $ 30,302 ​ $ 1,277 ​ $ — ​ $ 77,805 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial and industrial ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,210 ​ $ 40,699 ​ $ 15,050 ​ $ 7,062 ​ $ 9,644 ​ $ 24,592 ​ $ 46,462 ​ $ — ​ $ 145,719 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,550 ​ ​ 3,169 ​ ​ — ​ ​ 4,719 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 2,210 ​ $ 40,699 ​ $ 15,050 ​ $ 7,062 ​ $ 9,644 ​ $ 26,142 ​ $ 49,631 ​ $ — ​ $ 150,438 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate (non-owner occupied) - retail ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 15,954 ​ $ 25,837 ​ $ 33,951 ​ $ 23,771 ​ $ 9,512 ​ $ 44,790 ​ $ 639 ​ $ — ​ $ 154,454 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 15,954 ​ $ 25,837 ​ $ 33,951 ​ $ 23,771 ​ $ 9,512 ​ $ 44,790 ​ $ 639 ​ $ — ​ $ 154,454 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate (non-owner occupied) - multi-family ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 3,357 ​ $ 16,730 ​ $ 18,675 ​ $ 12,325 ​ $ 12,003 ​ $ 34,387 ​ $ 343 ​ $ — ​ $ 97,820 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,003 ​ ​ — ​ ​ 122 ​ ​ — ​ ​ — ​ ​ 1,125 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Total ​ $ 3,357 ​ $ 16,730 ​ $ 18,675 ​ $ 13,328 ​ $ 12,003 ​ $ 34,509 ​ $ 343 ​ $ — ​ $ 98,945 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Other commercial real estate (non-owner occupied) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 5,050 ​ $ 30,771 ​ $ 50,221 ​ $ 22,293 ​ $ 23,602 ​ $ 58,673 ​ $ 5,883 ​ $ — ​ $ 196,493 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ 138 ​ ​ 155 ​ ​ 8,102 ​ ​ — ​ ​ — ​ ​ 8,395 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 7,047 ​ ​ 11,389 ​ ​ 199 ​ ​ — ​ ​ 18,635 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ 3 Total ​ $ 5,050 ​ $ 30,771 ​ $ 50,221 ​ $ 22,431 ​ $ 30,804 ​ $ 78,167 ​ $ 6,082 ​ $ — ​ $ 223,526 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Total by risk rating ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 26,756 ​ $ 121,198 ​ $ 134,296 ​ $ 74,291 ​ $ 68,402 ​ $ 191,792 ​ $ 54,604 ​ $ — ​ $ 671,339 Special Mention ​ ​ — ​ ​ — ​ ​ — ​ ​ 138 ​ ​ 155 ​ ​ 8,102 ​ ​ — ​ ​ — ​ ​ 8,395 Substandard ​ ​ — ​ ​ — ​ ​ — ​ ​ 1,003 ​ ​ 7,047 ​ ​ 14,013 ​ ​ 3,368 ​ ​ — ​ ​ 25,431 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 3 ​ ​ — ​ ​ — ​ ​ 3 Total ​ $ 26,756 ​ $ 121,198 ​ $ 134,296 ​ $ 75,432 ​ $ 75,604 ​ $ 213,910 ​ $ 57,972 ​ $ — ​ $ 705,168 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ SPECIAL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ PASS MENTION SUBSTANDARD DOUBTFUL TOTAL ​ ​ (IN THOUSANDS) Commercial and industrial ​ $ 148,361 ​ $ — ​ $ 5,037 ​ $ — ​ $ 153,398 Paycheck Protection Program (PPP) ​ ​ 22 ​ ​ — ​ ​ — ​ ​ — ​ ​ 22 Commercial real estate (owner occupied) ​ 74,187 ​ — ​ 971 ​ — ​ 75,158 Commercial real estate (non-owner occupied) ​ 423,486 ​ 11,015 ​ 16,240 ​ 3 ​ 450,744 Total ​ $ 646,056 ​ $ 11,015 ​ $ 22,248 ​ $ 3 ​ $ 679,322 ​
Schedule of Residential and consumer portfolio	Loans past due 90 days or more and loans in non-accrual status are considered non-performing. The following tables present the performing and non-performing outstanding balances of the residential mortgage and consumer loan portfolio classes. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Revolving ​ Revolving ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans ​ Loans ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amortized ​ Converted ​ ​ ​ ​ ​ Term Loans Amortized Cost Basis by Origination Year ​ Cost ​ to ​ ​ ​ ​ 2023 2022 2021 2020 2019 Prior Basis Term Total ​ ​ (IN THOUSANDS) Residential mortgages ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 1,074 ​ $ 11,880 ​ $ 65,100 ​ $ 46,870 ​ $ 7,833 ​ $ 41,730 ​ $ — ​ $ — ​ $ 174,487 Non-performing ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 724 ​ ​ — ​ ​ — ​ ​ 724 Total ​ $ 1,074 ​ $ 11,880 ​ $ 65,100 ​ $ 46,870 ​ $ 7,833 ​ $ 42,454 ​ $ — ​ $ — ​ $ 175,211 Current period gross charge-offs ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — Consumer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 3,290 ​ $ 23,834 ​ $ 11,627 ​ $ 4,054 ​ $ 1,533 ​ $ 5,925 ​ $ 49,309 ​ $ 197 ​ $ 99,769 Non-performing ​ ​ 17 ​ ​ — ​ ​ — ​ ​ 50 ​ ​ 49 ​ ​ 174 ​ ​ 22 ​ ​ — ​ ​ 312 Total ​ $ 3,307 ​ $ 23,834 ​ $ 11,627 ​ $ 4,104 ​ $ 1,582 ​ $ 6,099 ​ $ 49,331 ​ $ 197 ​ $ 100,081 Current period gross charge-offs ​ $ 3 ​ $ 35 ​ $ 17 ​ $ — ​ $ — ​ $ 84 ​ $ — ​ $ — ​ $ 139 Total by payment performance ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 4,364 ​ $ 35,714 ​ $ 76,727 ​ $ 50,924 ​ $ 9,366 ​ $ 47,655 ​ $ 49,309 ​ $ 197 ​ $ 274,256 Non-performing ​ ​ 17 ​ ​ — ​ ​ — ​ ​ 50 ​ ​ 49 ​ ​ 898 ​ ​ 22 ​ ​ — ​ ​ 1,036 Total ​ $ 4,381 ​ $ 35,714 ​ $ 76,727 ​ $ 50,974 ​ $ 9,415 ​ $ 48,553 ​ $ 49,331 ​ $ 197 ​ $ 275,292 Current period gross charge-offs ​ $ 3 ​ $ 35 ​ $ 17 ​ $ — ​ $ — ​ $ 84 ​ $ — ​ $ — ​ $ 139 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ NON- ​ ​ ​ PERFORMING PERFORMING TOTAL ​ ​ (IN THOUSANDS) Residential mortgages ​ $ 296,401 ​ $ 1,570 ​ $ 297,971 Consumer ​ 13,457 ​ 16 ​ ​ 13,473 Total ​ $ 309,858 ​ $ 1,586 ​ $ 311,444 ​
Schedule of Credit quality of the loan portfolio	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 – 59 ​ 60 – 89 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ DAYS ​ DAYS ​ 90 DAYS ​ TOTAL ​ TOTAL ​ CURRENT PAST DUE PAST DUE PAST DUE PAST DUE LOANS ​ ​ (IN THOUSANDS) Commercial real estate (owner occupied) ​ $ 77,805 ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 77,805 Other commercial and industrial ​ ​ 150,138 ​ ​ 250 ​ ​ — ​ ​ 50 ​ ​ 300 ​ ​ 150,438 Commercial real estate (non-owner occupied) - retail ​ 154,454 ​ — ​ ​ — ​ — ​ — ​ ​ 154,454 Commercial real estate (non-owner occupied) - multi-family ​ 98,945 ​ — ​ ​ — ​ — ​ — ​ ​ 98,945 Other commercial real estate (non-owner occupied) ​ ​ 215,382 ​ ​ 8,144 ​ ​ — ​ ​ — ​ ​ 8,144 ​ ​ 223,526 Residential mortgages ​ 173,177 ​ 1,340 ​ ​ 95 ​ 599 ​ 2,034 ​ ​ 175,211 Consumer ​ 99,270 ​ 548 ​ ​ 155 ​ 108 ​ 811 ​ ​ 100,081 Total ​ $ 969,171 ​ $ 10,282 ​ $ 250 ​ $ 757 ​ $ 11,289 ​ $ 980,460 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30 – 59 ​ 60 – 89 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ DAYS ​ DAYS ​ 90 DAYS ​ TOTAL ​ TOTAL ​ CURRENT PAST DUE PAST DUE PAST DUE PAST DUE LOANS ​ ​ (IN THOUSANDS) Commercial and industrial ​ $ 152,314 ​ $ 797 ​ $ 287 ​ $ — ​ $ 1,084 ​ $ 153,398 Paycheck Protection Program (PPP) ​ ​ 22 ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 22 Commercial real estate (owner occupied) ​ 74,960 ​ 198 ​ ​ — ​ — ​ 198 ​ ​ 75,158 Commercial real estate (non-owner occupied) ​ 446,809 ​ 3,935 ​ ​ — ​ — ​ 3,935 ​ ​ 450,744 Residential mortgages ​ 295,790 ​ 489 ​ ​ 422 ​ 1,270 ​ 2,181 ​ ​ 297,971 Consumer ​ 13,290 ​ 60 ​ ​ 114 ​ 9 ​ 183 ​ ​ 13,473 Total ​ $ 983,185 ​ $ 5,479 ​ $ 823 ​ $ 1,279 ​ $ 7,581 ​ $ 990,766 ​
Schedule of modifications made to borrowers experiencing financial difficulty	The following table summarizes the amortized cost basis, as of March 31, 2023, of loans modified to borrowers experiencing financial difficulty during the three months ended March 31, 2023 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ ​ ​ Term Extension ​ ​ Amortized Cost Basis % of Total Class of Loans Other commercial and industrial ​ $ 439 ​ ​ 0.29 % Total ​ $ 439 ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Extension Loan Type Financial Effect Other commercial and industrial ​ Provided five month ​
Schedule of loan modified as a TDR	The following table details the loan modified as a TDR during the three-month period ended March 31, 2022 (dollars in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ Loans in non-accrual status # of Loans Current Balance Concession Granted Commercial and industrial 1 ​ $ 472 Subsequent modification of a TDR - Extension of maturity date with a below market interest rate

Short-Term Borrowings and Adv_2

Short-Term Borrowings and Advances from Federal Home Loan Bank (Tables)	3 Months Ended
	Mar. 31, 2023
Short-Term Borrowings and Advances from Federal Home Loan Bank
Schedule of federal home loan bank borrowings	Total short-term and Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ Weighted Type ​ Maturing ​ Amount ​ Average Rate Open Repo Plus Overnight $ 52,989 5.15 % FHLB Advances 2023 ​ 5,718 1.73 ​ ​ 2024 ​ 4,197 1.19 ​ ​ 2025 ​ — — ​ ​ 2026 ​ 2,220 4.05 ​ ​ 2027 ​ 4,000 3.91 ​ Total FHLB advances ​ 16,135 2.45 ​ Total short-term and FHLB borrowings ​ $ 69,124 4.52 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ ​ ​ Weighted Type ​ Maturing ​ Amount ​ Average Rate Open Repo Plus Overnight $ 88,641 4.45 % FHLB Advances 2023 ​ 15,568 1.59 ​ ​ 2024 ​ 4,197 1.19 ​ Total FHLB advances ​ 19,765 1.50 ​ Total short-term and FHLB borrowings ​ $ 108,406 3.91 % ​

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Loss
Schedule of accumulated other comprehensive loss, net of tax	The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 ​ Three months ended March 31, 2022 ​ Net ​ ​ ​ ​ ​ ​ Net ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gains and ​ ​ ​ ​ ​ ​ ​ ​ Losses on ​ ​ ​ Defined ​ ​ ​ ​ Losses on ​ Defined ​ ​ ​ ​ ​ Investment ​ Interest ​ Benefit ​ ​ ​ ​ Investment ​ Benefit ​ ​ ​ ​ ​ Securities ​ Rate ​ Pension ​ ​ ​ ​ Securities ​ Pension ​ ​ ​ ​ ​ AFS (1) ​ Hedge (1) ​ Items (1) ​ Total (1) ​ AFS (1) ​ Items (1) ​ Total (1) Beginning balance ​ $ (14,938) ​ $ — ​ $ (7,582) ​ $ (22,520) ​ $ 1,386 ​ $ (7,898) ​ $ (6,512) Other comprehensive income (loss) before reclassifications ​ 449 ​ (636) ​ — ​ (187) ​ (5,860) ​ 524 ​ (5,336) Amounts reclassified from accumulated other comprehensive loss ​ — ​ (19) ​ — ​ (19) ​ — ​ 395 ​ 395 Net current period other comprehensive income (loss) ​ 449 ​ (655) ​ — ​ (206) ​ (5,860) ​ 919 ​ (4,941) Ending balance ​ $ (14,489) ​ $ (655) ​ $ (7,582) ​ $ (22,726) ​ $ (4,474) ​ $ (6,979) ​ $ (11,453) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. ​
Schedule of reclassification out of accumulated other comprehensive loss	The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three months ended March 31, 2023 and 2022 (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount reclassified from accumulated ​ ​ ​ ​ other comprehensive loss (1) ​ ​ ​ ​ For the three ​ For the three ​ ​ Details about accumulated other ​ months ended ​ months ended ​ Affected line item in the comprehensive loss components March 31, 2023 March 31, 2022 statement of operations Interest rate hedge ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ (24) ​ $ — ​ Interest expense - Deposits ​ ​ ​ 5 ​ ​ — ​ Provision for income taxes ​ ​ $ (19) ​ $ — ​ Amortization of estimated defined benefit pension plan loss (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ $ — ​ $ 500 Other expense ​ ​ — ​ (105) Provision for income taxes ​ ​ $ — ​ $ 395 ​ Total reclassifications for the period ​ $ (19) ​ $ 395 ​ (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).

Regulatory Capital (Tables)

Regulatory Capital (Tables)	3 Months Ended
	Mar. 31, 2023
Regulatory Capital
Schedule of compliance with regulatory capital requirements under banking regulations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TO BE WELL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ MINIMUM ​ CAPITALIZED ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ REQUIRED ​ UNDER ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ FOR ​ PROMPT ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CAPITAL ​ CORRECTIVE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ADEQUACY ​ ACTION ​ ​ COMPANY ​ BANK ​ PURPOSES ​ REGULATIONS* ​ AMOUNT RATIO AMOUNT RATIO RATIO RATIO ​ ​ (IN THOUSANDS, EXCEPT RATIOS) ​ Total Capital (To Risk Weighted Assets) ​ $ 154,669 14.17 % $ 138,505 12.73 % 8.00 % 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) ​ 114,894 10.52 ​ 125,384 11.52 4.50 6.50 ​ Tier 1 Capital (To Risk Weighted Assets) ​ 114,894 10.52 ​ 125,384 11.52 6.00 8.00 ​ Tier 1 Capital (To Average Assets) ​ 114,894 8.46 ​ 125,384 9.33 4.00 5.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ TO BE WELL ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ MINIMUM ​ CAPITALIZED ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ REQUIRED ​ UNDER ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ FOR ​ PROMPT ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ CAPITAL ​ CORRECTIVE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ADEQUACY ​ ACTION ​ ​ COMPANY ​ BANK ​ PURPOSES ​ REGULATIONS* ​ AMOUNT RATIO AMOUNT RATIO RATIO RATIO ​ ​ (IN THOUSANDS, EXCEPT RATIOS) ​ Total Capital (To Risk Weighted Assets) ​ $ 153,092 13.87 % $ 136,767 12.44 % 8.00 % 10.00 % Common Equity Tier 1 Capital (To Risk Weighted Assets) ​ 114,959 10.41 ​ 125,278 11.39 4.50 6.50 ​ Tier 1 Capital (To Risk Weighted Assets) ​ 114,959 10.41 ​ 125,278 11.39 6.00 8.00 ​ Tier 1 Capital (To Average Assets) ​ 114,959 8.52 ​ 125,278 9.39 4.00 5.00 ​ * Applies to the Bank only.

Derivative Hedging Instruments

Derivative Hedging Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Hedging Instruments
Schedule of interest rate swap transactions	The following table summarizes the interest rate swap transactions that impacted the Company’s first three months of 2023 and 2022 performance (in thousands, except percentages). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ INCREASE ​ ​ ​ ​ AGGREGATE ​ WEIGHTED ​ ​ ​ (DECREASE) ​ ​ ​ ​ NOTIONAL ​ AVERAGE RATE ​ REPRICING ​ IN INTEREST ​ ​ HEDGE TYPE ​ AMOUNT ​ RECEIVED/(PAID) ​ FREQUENCY ​ EXPENSE Swap assets N/A $ 65,770 6.99 % Monthly $ 437 Swap liabilities N/A ​ (65,770) (6.99) Monthly ​ (437) Net exposure ​ ​ $ — — % ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At March 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ INCREASE ​ ​ ​ ​ AGGREGATE ​ WEIGHTED ​ ​ ​ (DECREASE) ​ ​ ​ ​ NOTIONAL ​ AVERAGE RATE ​ REPRICING ​ IN INTEREST ​ ​ HEDGE TYPE ​ AMOUNT ​ RECEIVED/(PAID) ​ FREQUENCY ​ EXPENSE Swap assets N/A $ 66,756 2.64 % Monthly $ (250) Swap liabilities N/A ​ (66,756) (2.64) Monthly ​ 250 Net exposure ​ ​ $ — — % ​ $ — ​
Schedule of cash flow hedges accumulated other comprehensive loss	The following table summarizes the effect of the effective portion of the Company’s cash flow hedge accounting on accumulated other comprehensive loss for the three months ended March 31, 2023 (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended March 31, 2023 Derivatives in Cash Flow Hedging Relationships ​ Amount Recognized in Other Comprehensive Loss on Derivative ​ Location on Consolidated Statements of Operations of Reclassification from Accumulated Other Comprehensive Loss ​ Amount Reclassified from Accumulated Other Compreshensive Loss Interest rate hedge ​ $ (829) Interest expense - Deposits $ (24) Total ​ $ (829) ​ ​ $ (24) ​

Segment Results (Tables)

Segment Results (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Results
Schedule of business segments	The contribution of the major business segments to the Consolidated Statements of Operations for the three months ended March 31, 2023 and 2022 were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ March 31, 2023 ​ ​ ​ Total revenue ​ Net income (loss) ​ Community banking $ 13,358 $ 3,668 Wealth management ​ 2,746 ​ 448 ​ Investment/Parent ​ (1,075) ​ (2,601) ​ Total ​ $ 15,029 ​ $ 1,515 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ ​ ​ March 31, 2022 ​ ​ ​ Total revenue ​ Net income (loss) ​ Community banking $ 12,150 $ 3,187 Wealth management ​ 3,186 ​ 723 ​ Investment/Parent ​ (1,234) ​ (1,492) ​ Total ​ $ 14,102 ​ $ 2,418 ​

Pension Benefits (Tables)

Pension Benefits (Tables)	3 Months Ended
	Mar. 31, 2023
Pension Benefits
Schedule of net periodic pension cost	The net periodic pension cost for the three months ended March 31, 2023 and 2022 were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ March 31, ​ ​ 2023 2022 COMPONENTS OF NET PERIODIC BENEFIT COST: ​ ​ ​ Service cost ​ $ 258 ​ $ 387 Interest cost ​ 435 ​ 273 Expected return on plan assets ​ (1,034) ​ (1,050) Amortization of net loss ​ — ​ 500 Net periodic pension (benefit) cost ​ $ (341) ​ $ 110 ​

Disclosures about Fair Value _2

Disclosures about Fair Value Measurements and Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Disclosures about Fair Value Measurements and Financial Instruments
Schedule of assets and liabilities measured and recorded at fair value on a recurring basis	The following table presents the assets and liabilities measured and reported on the Consolidated Balance Sheets on a recurring basis at their fair value as of March 31, 2023 and December 31, 2022, by level within the fair value hierarchy (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at March 31, 2023 ​ TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Equity securities (1) ​ $ 465 ​ $ 465 ​ $ — ​ $ — Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Agency ​ 11,556 ​ — ​ 11,556 ​ — U.S. Agency mortgage-backed securities ​ ​ 88,636 ​ ​ — ​ ​ 88,636 ​ ​ — Municipal ​ 19,337 ​ — ​ 19,337 ​ — Corporate bonds ​ 58,344 ​ — ​ 58,344 ​ — Interest rate swap asset (1) ​ 4,837 ​ — ​ 4,837 ​ — Interest rate swap liability (2) ​ (4,813) ​ — ​ (4,813) ​ — Interest rate hedge (2) ​ (828) ​ — ​ (828) ​ — Risk participation agreement (2) ​ — ​ — ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements at December 31, 2022 ​ TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Equity securities (1) ​ $ 502 ​ $ 502 ​ $ — ​ $ — Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Agency ​ 10,533 ​ — ​ 10,533 ​ — U.S. Agency mortgage-backed securities ​ ​ 89,985 ​ ​ — ​ ​ 89,985 ​ ​ — Municipal ​ 19,038 ​ — ​ 19,038 ​ — Corporate bonds ​ 59,952 ​ — ​ 59,952 ​ — Interest rate swap asset (1) ​ 6,992 ​ — ​ 6,992 ​ — Interest rate swap liability (2) ​ (6,872) ​ — ​ (6,872) ​ — Risk participation agreement (2) ​ — ​ — ​ — ​ — (1) Included within other assets on the Consolidated Balance Sheets. (2) Included within other liabilities on the Consolidated Balance Sheets. ​
Schedule of assets measured and recorded at fair value on a non-recurring basis	Assets measured and recorded at fair value on a non-recurring basis are summarized below (in thousands, except range data): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements March 31, 2023 ​ ​ ​ (LEVEL 1) (LEVEL 2) (LEVEL 3) Individually evaluated loans ​ $ 1,551 ​ $ — ​ $ — ​ $ 1,551 Other real estate owned and repossessed assets ​ 38 ​ — ​ — ​ 38 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value Measurements December 31, 2022 TOTAL (LEVEL 1) (LEVEL 2) (LEVEL 3) Impaired loans ​ $ 1,583 ​ $ — ​ $ — ​ $ 1,583 Other real estate owned and repossessed assets ​ 39 ​ — ​ — ​ 39 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ ​ ​ Valuation ​ Unobservable ​ ​ ​ March 31, 2023 Fair Value Techniques Input Range (Wgtd Avg) Individually evaluated loans ​ $ 1,551 Appraisal of Appraisal 0% to 100% (0.2%) ​ ​ ​ ​ ​ ​ collateral (1) ​ adjustments (2) ​ ​ ​ Other real estate owned and repossessed assets ​ 38 Appraisal of Appraisal 52% (52%) ​ ​ ​ collateral (1) adjustments (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquidation ​ 15% (15%) ​ ​ ​ ​ ​ ​ ​ ​ expenses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ ​ ​ Valuation ​ Unobservable ​ ​ ​ December 31, 2022 Fair Value Techniques Input Range (Wgtd Avg) Impaired loans $ 1,583 Appraisal of Appraisal 0% to 100% (0.2%) ​ ​ ​ collateral (1) adjustments (2) ​ ​ Other real estate owned and repossessed assets 39 Appraisal of Appraisal 52% (52%) ​ ​ ​ ​ ​ ​ collateral (1) ​ adjustments (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liquidation ​ 10% to 39% (11%) ​ ​ ​ ​ ​ ​ ​ ​ expenses ​ ​ ​ (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. Also includes qualitative adjustments by management and estimated liquidation expenses. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions. ​
Schedule of estimated fair value and recorded carrying value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ March 31, 2023 ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Value ​ ​ Fair Value ​ ​ (Level 1) ​ ​ (Level 2) ​ ​ (Level 3) ​ ​ ​ (IN THOUSANDS) FINANCIAL ASSETS: ​ ​ ​ ​ ​ Investment securities – HTM ​ $ 60,740 ​ $ 54,957 ​ $ — ​ $ 52,050 ​ $ 2,907 Loans held for sale ​ 417 ​ ​ 435 ​ ​ 435 ​ — ​ — Loans, net of allowance for credit losses and unearned income ​ 968,328 ​ ​ 914,351 ​ ​ — ​ — ​ 914,351 FINANCIAL LIABILITIES: ​ ​ ​ ​ ​ Deposits with stated maturities ​ ​ 298,095 ​ ​ 294,692 ​ ​ — ​ ​ — ​ ​ 294,692 All other borrowings (1) ​ 42,789 ​ 41,008 ​ — ​ — ​ 41,008 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Carrying ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Value ​ Fair Value ​ (Level 1) ​ (Level 2) ​ (Level 3) ​ ​ ​ (IN THOUSANDS) FINANCIAL ASSETS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment securities – HTM ​ $ 61,878 ​ $ 55,192 ​ $ — ​ $ 52,323 ​ $ 2,869 Loans held for sale ​ 59 ​ ​ 57 ​ ​ 57 ​ — ​ — Loans, net of allowance for credit losses and unearned income ​ 980,023 ​ ​ 938,188 ​ ​ — ​ — ​ 938,188 FINANCIAL LIABILITIES: ​ ​ ​ ​ ​ Deposits with stated maturities ​ ​ 286,004 ​ ​ 281,297 ​ ​ — ​ ​ — ​ ​ 281,297 All other borrowings (1) ​ 46,409 ​ 44,759 ​ — ​ — ​ 44,759 (1) All other borrowings include advances from Federal Home Loan Bank and subordinated debt. ​

Principles of Consolidation (De

Principles of Consolidation (Details) $ in Billions	3 Months Ended
	Mar. 31, 2023 USD ($) location	Dec. 31, 2022 USD ($)
Principles of Consolidation
Number of locations in Pennsylvania	16
Number of locations in state Maryland	1
Assets under Management, Carrying Amount | $	$ 2.4	$ 2.3

Adoption of Accounting Standa_3

Adoption of Accounting Standards (Details) - USD ($)	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	$ 65,306,000		$ 65,486,000
Allowance for credit losses - Loans	12,132,000	$ 11,947,000	$ 10,743,000	$ 11,922,000	$ 12,398,000
Held to maturity, allowance for credit losses	83,000	114,000
Off-Balance-Sheet, credit loss liabilities		923,000
ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings		1,200,000
Amount of retained earnings related to loans		951,000
Amount of retained earnings related to held to maturity debt securities		90,000
Allowance for credit losses - Loans	1,200,000	1,200,000
Held to maturity, allowance for credit losses	114,000	114,000
ASU 2016-13 | Unfunded Loan Commitment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Amount of retained earnings related to unfunded commitments		140,000
Off-Balance-Sheet, credit loss liabilities	$ 177,000	$ 177,000

Adoption of Accounting Standa_4

Adoption of Accounting Standards - Current Expected Credit Loss Model (Details) - USD ($)	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses	$ 83,000	$ 114,000
Loans, net of unearned income		990,766,000
Less: Allowance for credit losses	12,132,000	11,947,000	$ 10,743,000	$ 11,922,000	$ 12,398,000
Off-Balance-Sheet, credit loss liabilities		923,000
ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses	114,000	114,000
Less: Allowance for credit losses	1,200,000	1,200,000
Other commercial and industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		153,389,000
Less: Allowance for credit losses	2,873,000	2,908,000
Other commercial real estate (non-owner occupied)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		224,913,000
Less: Allowance for credit losses	3,197,000	3,196,000	5,972,000
Residential mortgage
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		173,777,000
Less: Allowance for credit losses	1,032,000	1,025,000	1,380,000	1,465,000	1,590,000
Allocation for general risk
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses			653,000	1,177,000	1,232,000
Commercial | Commercial real estate (owner occupied)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		81,359,000
Less: Allowance for credit losses	1,320,000	1,380,000
Commercial | Commercial real estate (non-owner occupied)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses			5,972,000	5,930,000	6,392,000
Commercial | Commercial real estate (non-owner occupied) - retail
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		148,901,000
Less: Allowance for credit losses	1,486,000	1,432,000
Commercial | Commercial real estate (non-owner occupied) - multi-family
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		106,423,000
Less: Allowance for credit losses	1,146,000	1,226,000
Commercial | Commercial (owner occupied real estate and other)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses			2,653,000
Consumer. | Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		102,004,000
Less: Allowance for credit losses	1,078,000	780,000	85,000	$ 99,000	$ 113,000
Municipal
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses	$ 3,000	3,000
Corporate bonds.
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses		111,000
Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			990,766,000
Less: Allowance for credit losses			10,743,000
Off-Balance-Sheet, credit loss liabilities			746,000
Previously Reported [Member] | Other commercial and industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			153,420,000
Previously Reported [Member] | Other commercial real estate (non-owner occupied)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			450,744,000
Less: Allowance for credit losses			5,972,000
Previously Reported [Member] | Residential mortgage
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			297,971,000
Less: Allowance for credit losses			1,380,000
Previously Reported [Member] | Allocation for general risk
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses			653,000
Previously Reported [Member] | Commercial | Commercial real estate (owner occupied)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			75,158,000
Previously Reported [Member] | Commercial | Commercial (owner occupied real estate and other)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses			2,653,000
Previously Reported [Member] | Consumer. | Consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income			13,473,000
Less: Allowance for credit losses			$ 85,000
Revision of Prior Period, Adjustment | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses		114,000
Less: Allowance for credit losses		1,204,000
Off-Balance-Sheet, credit loss liabilities		177,000
Revision of Prior Period, Adjustment | Other commercial and industrial | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		(31,000)
Less: Allowance for credit losses		2,908,000
Revision of Prior Period, Adjustment | Other commercial real estate (non-owner occupied) | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		(225,831,000)
Less: Allowance for credit losses		(2,776,000)
Revision of Prior Period, Adjustment | Residential mortgage | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		(124,194,000)
Less: Allowance for credit losses		(355,000)
Revision of Prior Period, Adjustment | Allocation for general risk | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses		(653,000)
Revision of Prior Period, Adjustment | Commercial | Commercial real estate (owner occupied) | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		6,201,000
Less: Allowance for credit losses		1,380,000
Revision of Prior Period, Adjustment | Commercial | Commercial real estate (non-owner occupied) - retail | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		148,901,000
Less: Allowance for credit losses		1,432,000
Revision of Prior Period, Adjustment | Commercial | Commercial real estate (non-owner occupied) - multi-family | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		106,423,000
Less: Allowance for credit losses		1,226,000
Revision of Prior Period, Adjustment | Commercial | Commercial (owner occupied real estate and other) | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Less: Allowance for credit losses		(2,653,000)
Revision of Prior Period, Adjustment | Consumer. | Consumer | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans, net of unearned income		88,531,000
Less: Allowance for credit losses		695,000
Revision of Prior Period, Adjustment | Municipal | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses		3,000
Revision of Prior Period, Adjustment | Corporate bonds. | ASU 2016-13
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Held to maturity, allowance for credit losses		$ 111,000

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Non-interest income (in-scope of Topic 606)	$ 3,485	$ 3,909
Non-interest income (out-of-scope of topic 606)	2,022	426
Total Non-Interest Income	5,507	4,335
Wealth management fees
Non-interest income (in-scope of Topic 606)	2,738	3,165
Service charges on deposit accounts
Non-interest income (in-scope of Topic 606)	266	272
Other
Non-interest income (in-scope of Topic 606)	$ 481	$ 472

Revenue Recognition - Additiona

Revenue Recognition - Additional information (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Percentage of entity revenue	82.60%
Other assets.
Wealth management fees receivable	$ 850,000

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator:
Net income	$ 1,515	$ 2,418
Denominator:
Weighted average common shares outstanding (basic)	17,131	17,094
Effect of stock options	24	52
Weighted average common shares outstanding (diluted)	17,155	17,146
Earnings per common share:
Basic	$ 0.09	$ 0.14
Diluted	$ 0.09	$ 0.14

Earnings Per Common Share - Add

Earnings Per Common Share - Additional information (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	22,000	12,000
Maximum
Exercise price	$ 4.22	$ 4.22
Minimum
Exercise price	$ 4	$ 4.19

Consolidated Statement of Cas_2

Consolidated Statement of Cash Flows - Additional information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021
Income tax payments	$ 0	$ 0
Total interest payments	4,868,000	1,814,000
Less: Allowance for credit losses	12,132,000	$ 11,922,000	$ 11,947,000	$ 10,743,000	$ 12,398,000
Held to maturity, allowance for credit losses	83,000		114,000
Allowance for credit losses			923,000
ASU 2016-13
Less: Allowance for credit losses	1,200,000		1,200,000
Held to maturity, allowance for credit losses	114,000		114,000
Unfunded Loan Commitment | ASU 2016-13
Allowance for credit losses	$ 177,000		$ 177,000

Investment Securities - Cost ba

Investment Securities - Cost basis and fair values of investment securities (Details) - USD ($)	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022
Information concerning investments with unrealized gains and losses
Investment securities available for sale, Cost Basis	$ 197,140,000		$ 198,417,000
Investment securities available for sale, Gross Unrealized Gains	92,000		95,000
Investment securities available for sale, Gross Unrealized Losses	(18,433,000)		(19,004,000)
Investment securities available for sale, Allowance for credit losses	(926,000)
Available for Sale, Fair Value	177,873,000		179,508,000
Investment securities held to maturity, Cost Basis	60,740,000		61,878,000
Investment securities held to maturity, Gross Unrealized Gains	9,000		10,000
Investment securities held to maturity, Gross Unrealized Losses	(5,792,000)		(6,696,000)
Investment securities held to maturity, Allowance for credit losses	83,000	$ 114,000
Investment securities held to maturity, Fair value	54,957,000		55,192,000
U.S. Agency
Information concerning investments with unrealized gains and losses
Investment securities available for sale, Cost Basis	12,713,000		11,797,000
Investment securities available for sale, Gross Unrealized Gains	1,000		1,000
Investment securities available for sale, Gross Unrealized Losses	(1,158,000)		(1,265,000)
Available for Sale, Fair Value	11,556,000		10,533,000
Investment securities held to maturity, Cost Basis	2,500,000		2,500,000
Investment securities held to maturity, Gross Unrealized Losses	(418,000)		(432,000)
Investment securities held to maturity, Allowance for credit losses	0
Investment securities held to maturity, Fair value	2,082,000		2,068,000
U.S. Agency mortgage-backed securities
Information concerning investments with unrealized gains and losses
Investment securities available for sale, Cost Basis	100,428,000		102,631,000
Investment securities available for sale, Gross Unrealized Gains	80,000		64,000
Investment securities available for sale, Gross Unrealized Losses	(11,872,000)		(12,710,000)
Available for Sale, Fair Value	88,636,000		89,985,000
Investment securities held to maturity, Cost Basis	18,831,000		18,877,000
Investment securities held to maturity, Gross Unrealized Gains	8,000		8,000
Investment securities held to maturity, Gross Unrealized Losses	(2,036,000)		(2,212,000)
Investment securities held to maturity, Fair value	16,803,000		16,673,000
Municipal
Information concerning investments with unrealized gains and losses
Investment securities available for sale, Cost Basis	20,837,000		20,837,000
Investment securities available for sale, Gross Unrealized Gains	3,000
Investment securities available for sale, Gross Unrealized Losses	(1,503,000)		(1,799,000)
Available for Sale, Fair Value	19,337,000		19,038,000
Investment securities held to maturity, Cost Basis	33,983,000		33,993,000
Investment securities held to maturity, Gross Unrealized Gains	1,000		2,000
Investment securities held to maturity, Gross Unrealized Losses	(3,206,000)		(3,880,000)
Investment securities held to maturity, Allowance for credit losses	3,000	3,000
Investment securities held to maturity, Fair value	30,778,000		30,115,000
Corporate bonds.
Information concerning investments with unrealized gains and losses
Investment securities available for sale, Cost Basis	63,162,000		63,152,000
Investment securities available for sale, Gross Unrealized Gains	8,000		30,000
Investment securities available for sale, Gross Unrealized Losses	(3,900,000)		(3,230,000)
Investment securities available for sale, Allowance for credit losses	(926,000)
Available for Sale, Fair Value	58,344,000		59,952,000
Investment securities held to maturity, Allowance for credit losses		$ 111,000
Corporate bonds and other securities
Information concerning investments with unrealized gains and losses
Investment securities held to maturity, Cost Basis	5,426,000		6,508,000
Investment securities held to maturity, Gross Unrealized Losses	(132,000)		(172,000)
Investment securities held to maturity, Allowance for credit losses	80,000
Investment securities held to maturity, Fair value	$ 5,294,000		$ 6,336,000

Investment Securities - Total i

Investment Securities - Total investment securities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	$ 6,385
Available for Sale, Cost Basis, After 1 year but within 5 years	48,222
Available for Sale, Cost Basis, After 5 years but within 10 years	47,646
Available for Sale, Cost Basis, Over 10 years	94,887
Investment securities available for sale, Cost Basis	197,140	$ 198,417
Available for Sale, Fair Value, Within 1 year	6,328
Available for Sale, Fair Value, After 1 year but within 5 years	46,066
Available for Sale, Fair Value, After 5 years but within 10 years	42,248
Available for Sale, Fair Value, Over 10 years	83,231
Available for Sale, Fair Value, Total	177,873	179,508
Held to Maturity, Cost Basis, Within 1 year	2,425
Held to Maturity, Cost Basis, After 1 year but within 5 years	12,381
Held to Maturity, Cost Basis, After 5 years but within 10 years	25,687
Held to Maturity, Cost Basis, Over 10 years	20,247
Investment securities held to maturity, Cost Basis	60,740	$ 61,878
Held to Maturity, Fair Value, Within 1 year	2,386
Held to Maturity, Fair Value, After 1 year but within 5 years	11,889
Held to Maturity, Fair Value, After 5 years but within 10 years	22,853
Held to Maturity, Fair Value, Over 10 years	$ 17,829

Investment Securities - Informa

Investment Securities - Information concerning investments with unrealized losses (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Less than 12 months, Fair Value	$ 59,028
Less than 12 months, Unrealized Losses	(2,706)
12 months or longer, Fair Value	106,902
12 months and longer, Unrealized Losses	(15,727)
Total, Fair Value	165,930
Total, Unrealized Losses	(18,433)
U.S. Agency
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Less than 12 months, Fair Value	2,448
Less than 12 months, Unrealized Losses	(48)
12 months or longer, Fair Value	8,107
12 months and longer, Unrealized Losses	(1,110)
Total, Fair Value	10,555
Total, Unrealized Losses	(1,158)
U.S. Agency mortgage-backed securities
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Less than 12 months, Fair Value	26,473
Less than 12 months, Unrealized Losses	(1,161)
12 months or longer, Fair Value	56,993
12 months and longer, Unrealized Losses	(10,711)
Total, Fair Value	83,466
Total, Unrealized Losses	(11,872)
Municipal
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Less than 12 months, Fair Value	3,358
Less than 12 months, Unrealized Losses	(85)
12 months or longer, Fair Value	15,216
12 months and longer, Unrealized Losses	(1,418)
Total, Fair Value	18,574
Total, Unrealized Losses	(1,503)
Corporate bonds and other securities
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Less than 12 months, Fair Value	26,749
Less than 12 months, Unrealized Losses	(1,412)
12 months or longer, Fair Value	26,586
12 months and longer, Unrealized Losses	(2,488)
Total, Fair Value	53,335
Total, Unrealized Losses	$ (3,900)

Investment Securities - Allowan

Investment Securities - Allowance for credit losses on held to maturity debt securities by major security type (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Schedule of Held-to-Maturity Securities [Line Items]
Provision (Credit)	$ (31,000)
Ending Balance	83,000
Impact of adopting ASU 2016-13
Schedule of Held-to-Maturity Securities [Line Items]
Beginning Balance	114,000
U.S. Agency
Schedule of Held-to-Maturity Securities [Line Items]
Ending Balance	0
Municipal
Schedule of Held-to-Maturity Securities [Line Items]
Ending Balance	3,000
Municipal | Impact of adopting ASU 2016-13
Schedule of Held-to-Maturity Securities [Line Items]
Beginning Balance	3,000
Corporate bonds and other securities
Schedule of Held-to-Maturity Securities [Line Items]
Provision (Credit)	(31,000)
Ending Balance	80,000
Corporate bonds and other securities | Impact of adopting ASU 2016-13
Schedule of Held-to-Maturity Securities [Line Items]
Beginning Balance	$ 111,000

Investment Securities - Amortiz

Investment Securities - Amortized cost of held to maturity debt securities (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	$ 60,740
AAA/AA/A
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	59,324
Unrated
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	1,416
U.S. Agency
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	2,500
U.S. Agency | AAA/AA/A
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	2,500
U.S. Agency mortgage-backed securities
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	18,831
U.S. Agency mortgage-backed securities | AAA/AA/A
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	18,831
Municipal
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	33,983
Municipal | AAA/AA/A
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	33,983
Corporate bonds and other securities
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	5,426
Corporate bonds and other securities | AAA/AA/A
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	4,010
Corporate bonds and other securities | Unrated
Schedule of Held-to-Maturity Securities [Line Items]
Amortized cost of held to maturity debt securities credit rating	$ 1,416

Investment Securities - Additio

Investment Securities - Additional information (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($) position security	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Jan. 01, 2023 USD ($)
Investment Securities:
Proceeds from sales of investment securities - available for sale	$ 0	$ 0
Book value of securities available for sale and held to maturity	$ 131,913,000		$ 134,002,000
Premium percentage on mortgage backed securities purchased	100.90%
Consolidated investment securities portfolio modified, years	54 months 18 days		56 months
Unrealized loss on equity securities	$ 0
Held to maturity, allowance for credit losses	83,000			$ 114,000
Accrued interest receivable on held to maturity debt securities	411,000
Held to maturity debt securities in non-accrual	0
Available for Sale Securities, allowance for credit losses	926,000
Accrued interest receivable on available for sale debt securities	$ 1,200,000
Number of available for sale debt securities in non accrual status | security	1
Available-for-Sale debt securities in non-accrual	$ 926,000
Percentage of unrealized loss position for less than 12 months	4.40%
Percentage of unrealized loss position for greater than 12 months	12.80%
Assets	$ 1,345,957,000		$ 1,363,874,000
Net income	1,515,000	$ 2,418,000
Unpaid interest	17,000
Signature Bank
Investment Securities:
Assets			110,400,000,000
Net income			$ 1,300,000,000
U.S. Agency
Investment Securities:
Held to maturity, allowance for credit losses	$ 0
Unrealized loss position for less than 12 months, Number of positions | position	4
Unrealized loss position for greater than 12 months, Number of positions | position	10
U.S. Agency mortgage-backed securities
Investment Securities:
Unrealized loss position for less than 12 months, Number of positions | position	45
Unrealized loss position for greater than 12 months, Number of positions | position	104
Municipal
Investment Securities:
Held to maturity, allowance for credit losses	$ 3,000			3,000
Unrealized loss position for less than 12 months, Number of positions | position	11
Unrealized loss position for greater than 12 months, Number of positions | position	47
Corporate bonds.
Investment Securities:
Held to maturity, allowance for credit losses				$ 111,000
Available for Sale Securities, allowance for credit losses	$ 926,000
Unrealized loss position for less than 12 months, Number of positions | position	45
Unrealized loss position for greater than 12 months, Number of positions | position	49
AAA/AA/A.
INVESTMENT SECURITIES
Portfolio rated	52.50%		52.50%
Securities rated below A
INVESTMENT SECURITIES
Portfolio rated	14.20%		14.70%
Maximum
Investment Securities:
Consolidated investment securities portfolio modified, years	60 months

Loans - Loan Portfolio (Details

Loans - Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
LOANS
Loans, net of unearned income	$ 980,460
Loans, net of unearned income		$ 990,766
Paycheck Protection Program (PPP)
LOANS
Loans, net of unearned income		22
Other commercial and industrial
LOANS
Loans, net of unearned income	150,438
Other commercial real estate (non-owner occupied)
LOANS
Loans, net of unearned income	223,526
Residential mortgage
LOANS
Loans, net of unearned income	175,211
Loans, net of unearned income		297,971
Commercial
LOANS
Loans, net of unearned income		679,322
Commercial | Paycheck Protection Program (PPP)
LOANS
Loans, net of unearned income		22
Commercial | Commercial and industrial
LOANS
Loans, net of unearned income		153,398
Commercial | Paycheck Protection Program (PPP)
LOANS
Loans, net of unearned income		22
Commercial | Commercial real estate (owner occupied)
LOANS
Loans, net of unearned income	77,805
Loans, net of unearned income		75,158
Commercial | Commercial real estate (non-owner occupied)
LOANS
Loans, net of unearned income		450,744
Commercial | Commercial real estate (non-owner occupied) - retail
LOANS
Loans, net of unearned income	154,454
Commercial | Commercial real estate (non-owner occupied) - multi-family
LOANS
Loans, net of unearned income	98,945
Consumer.
LOANS
Loans, net of unearned income		311,444
Consumer. | Residential mortgage
LOANS
Loans, net of unearned income		297,971
Consumer. | Consumer
LOANS
Loans, net of unearned income	$ 100,081
Loans, net of unearned income		$ 13,473

Loans - Additional information

Loans - Additional information (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Loans
Real estate-construction loans, percentage	3.20%	4.70%
Loan balances net of unearned income	$ 321,000	$ 343,000
Accrued interest receivable	$ 3,500,000	$ 3,500,000

Allowance for Credit Losses -_3

Allowance for Credit Losses - Loans - Allowance for credit losses by loan portfolio segment (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	$ 12,132,000	$ 11,922,000	$ 11,947,000	$ 10,743,000	$ 12,398,000
Charge-Offs	(139,000)	(117,000)
Recoveries	23,000	41,000
Provision (Credit)	301,000	(400,000)
ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,200,000		1,200,000
Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				1,204,000
Other commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	2,873,000		2,908,000
Recoveries	1,000
Provision (Credit)	(36,000)
Other commercial and industrial | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				2,908,000
Other commercial real estate (non-owner occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	3,197,000		3,196,000	5,972,000
Recoveries	4,000
Provision (Credit)	(3,000)
Other commercial real estate (non-owner occupied) | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				(2,776,000)
Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,032,000	1,465,000	1,025,000	1,380,000	1,590,000
Recoveries	2,000	8,000
Provision (Credit)	5,000	(133,000)
Residential mortgage | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				(355,000)
Allocation for general risk
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans		1,177,000		653,000	1,232,000
Provision (Credit)		(55,000)
Allocation for general risk | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				(653,000)
Commercial | Commercial.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans		3,251,000		2,653,000	3,071,000
Charge-Offs		(72,000)
Provision (Credit)		252,000
Commercial | Commercial real estate (owner occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,320,000		1,380,000
Recoveries	6,000
Provision (Credit)	(66,000)
Commercial | Commercial real estate (owner occupied) | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				1,380,000
Commercial | Commercial real estate (non-owner occupied)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans		5,930,000		5,972,000	6,392,000
Recoveries		13,000
Provision (Credit)		(475,000)
Commercial | Commercial real estate (non-owner occupied) - retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,486,000		1,432,000
Provision (Credit)	54,000
Commercial | Commercial real estate (non-owner occupied) - retail | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				1,432,000
Commercial | Commercial real estate (non-owner occupied) - multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,146,000		1,226,000
Recoveries	1,000
Provision (Credit)	(81,000)
Commercial | Commercial real estate (non-owner occupied) - multi-family | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				1,226,000
Commercial | Commercial (owner occupied real estate and other)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				2,653,000
Commercial | Commercial (owner occupied real estate and other) | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				(2,653,000)
Consumer.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Charge-Offs	(139,000)
Consumer. | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans	1,078,000	99,000	$ 780,000	85,000	$ 113,000
Charge-Offs	(139,000)	(45,000)
Recoveries	9,000	20,000
Provision (Credit)	$ 428,000	$ 11,000
Consumer. | Consumer | Impact of adopting ASU 2016-13 | ASU 2016-13
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses - Loans				$ 695,000

Allowance for Credit Losses -_4

Allowance for Credit Losses - Loans - Loan portfolio and allowance for credit losses (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Loans:
Individually evaluated for impairment	$ 3,525		$ 3,575
Collectively evaluated for impairment	976,935		987,191
Total loans	980,460
Total loans			990,766
Allowance for loan losses:
Specific reserve allocation	419		523
General reserve allocation	11,713		10,220
Total allowance for loan losses	12,132	$ 11,947	10,743	$ 11,922	$ 12,398
Other commercial and industrial
Loans:
Individually evaluated for impairment	1,971
Collectively evaluated for impairment	148,467
Total loans	150,438
Allowance for loan losses:
Specific reserve allocation	416
General reserve allocation	2,457
Total allowance for loan losses	2,873	2,908
Other commercial real estate (non-owner occupied)
Loans:
Individually evaluated for impairment	1,554
Collectively evaluated for impairment	221,972
Total loans	223,526
Allowance for loan losses:
Specific reserve allocation	3
General reserve allocation	3,194
Total allowance for loan losses	3,197	3,196	5,972
Residential mortgage
Loans:
Individually evaluated for impairment			0
Collectively evaluated for impairment	175,211		297,971
Total loans	175,211
Total loans			297,971
Allowance for loan losses:
Specific reserve allocation	0		0
General reserve allocation	1,032		1,380
Total allowance for loan losses	1,032	1,025	1,380	1,465	1,590
Allocation for general risk
Allowance for loan losses:
Specific reserve allocation			0
General reserve allocation			653
Total allowance for loan losses			653	1,177	1,232
Commercial
Loans:
Total loans			679,322
Commercial | Commercial.
Loans:
Individually evaluated for impairment			1,989
Collectively evaluated for impairment			226,589
Total loans			228,578
Allowance for loan losses:
Specific reserve allocation			520
General reserve allocation			2,133
Total allowance for loan losses			2,653	3,251	3,071
Commercial | Commercial real estate (owner occupied)
Loans:
Collectively evaluated for impairment	77,805
Total loans	77,805
Total loans			75,158
Allowance for loan losses:
Specific reserve allocation	0
General reserve allocation	1,320
Total allowance for loan losses	1,320	1,380
Commercial | Commercial real estate (non-owner occupied)
Loans:
Individually evaluated for impairment			1,586
Collectively evaluated for impairment			449,158
Total loans			450,744
Allowance for loan losses:
Specific reserve allocation			3
General reserve allocation			5,969
Total allowance for loan losses			5,972	5,930	6,392
Commercial | Commercial real estate (non-owner occupied) - retail
Loans:
Individually evaluated for impairment	0
Collectively evaluated for impairment	154,454
Total loans	154,454
Allowance for loan losses:
Specific reserve allocation	0
General reserve allocation	1,486
Total allowance for loan losses	1,486	1,432
Commercial | Commercial real estate (non-owner occupied) - multi-family
Loans:
Individually evaluated for impairment	0
Collectively evaluated for impairment	98,945
Total loans	98,945
Allowance for loan losses:
Specific reserve allocation	0
General reserve allocation	1,146
Total allowance for loan losses	1,146	1,226
Consumer.
Loans:
Total loans			311,444
Consumer. | Residential mortgage
Loans:
Total loans			297,971
Consumer. | Consumer
Loans:
Individually evaluated for impairment			0
Collectively evaluated for impairment	100,081		13,473
Total loans	100,081
Total loans			13,473
Allowance for loan losses:
Specific reserve allocation	0		0
General reserve allocation	1,078		85
Total allowance for loan losses	$ 1,078	$ 780	$ 85	$ 99	$ 113

Allowance for Credit Losses -_5

Allowance for Credit Losses - Loans - Amortized cost basis of collateral-dependent loans (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Financing Receivable, Allowance for Credit Loss [Line Items]
Collateral-dependent loans	$ 1,554
Other commercial real estate (non-owner occupied)
Financing Receivable, Allowance for Credit Loss [Line Items]
Collateral-dependent loans	$ 1,554

Allowance for Credit Losses -_6

Allowance for Credit Losses - Loans - Non-Performing Assets (Details) $ in Thousands	Mar. 31, 2023 USD ($)
Financing Receivable, Allowance for Credit Loss [Line Items]
Non-accrual with no ACL	$ 1,551
Non-accrual with ACL	3,010
Total non-accrual	4,561
OREO and repossessed assets	38
Total non-performing assets	4,599
Other commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Non-accrual with ACL	1,971
Total non-accrual	1,971
Total non-performing assets	1,971
Other commercial real estate (non-owner occupied)
Financing Receivable, Allowance for Credit Loss [Line Items]
Non-accrual with no ACL	1,551
Non-accrual with ACL	3
Total non-accrual	1,554
Total non-performing assets	1,554
Residential mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Non-accrual with ACL	724
Total non-accrual	724
Total non-performing assets	724
Consumer. | Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Non-accrual with ACL	312
Total non-accrual	312
OREO and repossessed assets	38
Total non-performing assets	$ 350

Allowance for Credit Losses -_7

Allowance for Credit Losses - Loans - Commercial and commercial real estate loan portfolios (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 980,781		$ 991,109
Current period gross charge-offs, Total	139	$ 117
Loan portfolio			990,766
Paycheck Protection Program (PPP)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			22
Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			297,971
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2023	26,756
2022	121,198
2021	134,296
2020	75,432
2019	75,604
Prior	213,910
Revolving Loans Amortized Cost Basis	57,972
Total	705,168
Loan portfolio			679,322
Commercial | Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			153,398
Commercial | Commercial and industrial.
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			153,398
Commercial | Paycheck Protection Program (PPP)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			22
Commercial | Commercial real estate (owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2023	185
2022	7,161
2021	16,399
2020	8,840
2019	13,641
Prior	30,302
Revolving Loans Amortized Cost Basis	1,277
Total	77,805
Loan portfolio			75,158
Commercial | Other commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,210
2022	40,699
2021	15,050
2020	7,062
2019	9,644
Prior	26,142
Revolving Loans Amortized Cost Basis	49,631
Total	150,438
Commercial | Commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			450,744
Commercial | Commercial real estate (non-owner occupied) - retail
Financing Receivable, Credit Quality Indicator [Line Items]
2023	15,954
2022	25,837
2021	33,951
2020	23,771
2019	9,512
Prior	44,790
Revolving Loans Amortized Cost Basis	639
Total	154,454
Commercial | Commercial real estate (non-owner occupied) - multi-family
Financing Receivable, Credit Quality Indicator [Line Items]
2023	3,357
2022	16,730
2021	18,675
2020	13,328
2019	12,003
Prior	34,509
Revolving Loans Amortized Cost Basis	343
Total	98,945
Commercial | Other commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2023	5,050
2022	30,771
2021	50,221
2020	22,431
2019	30,804
Prior	78,167
Revolving Loans Amortized Cost Basis	6,082
Total	223,526
Consumer.
Financing Receivable, Credit Quality Indicator [Line Items]
2023	4,381
2022	35,714
2021	76,727
2020	50,974
2019	9,415
Prior	48,553
Revolving Loans Amortized Cost Basis	49,331
Revolving Loans Converted to Term	197
Total	275,292
Current period gross charge-offs, 2023	3
Current period gross charge-offs, 2022	35
Current period gross charge-offs, 2021	17
Current period gross charge-offs, Prior	84
Current period gross charge-offs, Total	139
Loan portfolio			311,444
Consumer. | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
2023	1,074
2022	11,880
2021	65,100
2020	46,870
2019	7,833
Prior	42,454
Total	175,211
Loan portfolio			297,971
Consumer. | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
2023	3,307
2022	23,834
2021	11,627
2020	4,104
2019	1,582
Prior	6,099
Revolving Loans Amortized Cost Basis	49,331
Revolving Loans Converted to Term	197
Total	100,081
Current period gross charge-offs, 2023	3
Current period gross charge-offs, 2022	35
Current period gross charge-offs, 2021	17
Current period gross charge-offs, Prior	84
Current period gross charge-offs, Total	139	$ 45
Loan portfolio			13,473
Pass | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2023	26,756
2022	121,198
2021	134,296
2020	74,291
2019	68,402
Prior	191,792
Revolving Loans Amortized Cost Basis	54,604
Total	671,339
Loan portfolio			646,056
Pass | Commercial | Commercial and industrial.
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			148,361
Pass | Commercial | Paycheck Protection Program (PPP)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			22
Pass | Commercial | Commercial real estate (owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2023	185
2022	7,161
2021	16,399
2020	8,840
2019	13,641
Prior	29,350
Revolving Loans Amortized Cost Basis	1,277
Total	76,853
Loan portfolio			74,187
Pass | Commercial | Other commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
2023	2,210
2022	40,699
2021	15,050
2020	7,062
2019	9,644
Prior	24,592
Revolving Loans Amortized Cost Basis	46,462
Total	145,719
Pass | Commercial | Commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			423,486
Pass | Commercial | Commercial real estate (non-owner occupied) - retail
Financing Receivable, Credit Quality Indicator [Line Items]
2023	15,954
2022	25,837
2021	33,951
2020	23,771
2019	9,512
Prior	44,790
Revolving Loans Amortized Cost Basis	639
Total	154,454
Pass | Commercial | Commercial real estate (non-owner occupied) - multi-family
Financing Receivable, Credit Quality Indicator [Line Items]
2023	3,357
2022	16,730
2021	18,675
2020	12,325
2019	12,003
Prior	34,387
Revolving Loans Amortized Cost Basis	343
Total	97,820
Pass | Commercial | Other commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2023	5,050
2022	30,771
2021	50,221
2020	22,293
2019	23,602
Prior	58,673
Revolving Loans Amortized Cost Basis	5,883
Total	196,493
Special Mention | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	138
2019	155
Prior	8,102
Total	8,395
Loan portfolio			11,015
Special Mention | Commercial | Commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			11,015
Special Mention | Commercial | Other commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2020	138
2019	155
Prior	8,102
Total	8,395
Substandard | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,003
2019	7,047
Prior	14,013
Revolving Loans Amortized Cost Basis	3,368
Total	25,431
Loan portfolio			22,248
Substandard | Commercial | Commercial and industrial.
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			5,037
Substandard | Commercial | Commercial real estate (owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Prior	952
Total	952
Loan portfolio			971
Substandard | Commercial | Other commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Prior	1,550
Revolving Loans Amortized Cost Basis	3,169
Total	4,719
Substandard | Commercial | Commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			16,240
Substandard | Commercial | Commercial real estate (non-owner occupied) - multi-family
Financing Receivable, Credit Quality Indicator [Line Items]
2020	1,003
Prior	122
Total	1,125
Substandard | Commercial | Other commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
2019	7,047
Prior	11,389
Revolving Loans Amortized Cost Basis	199
Total	18,635
Doubtful | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Prior	3
Total	3
Loan portfolio			3
Doubtful | Commercial | Commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Loan portfolio			$ 3
Doubtful | Commercial | Other commercial real estate (non-owner occupied)
Financing Receivable, Credit Quality Indicator [Line Items]
Prior	3
Total	$ 3

Allowance for Credit Losses -_8

Allowance for Credit Losses - Loans - Residential and consumer portfolio (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Performing and non-performing outstanding balances of the residential and consumer portfolios
Total	$ 980,781		$ 991,109
Current period gross charge-offs, Total	139	$ 117
Loan portfolio			990,766
Residential mortgage
Performing and non-performing outstanding balances of the residential and consumer portfolios
Loan portfolio			297,971
Residential and Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	4,381
2022	35,714
2021	76,727
2020	50,974
2019	9,415
Prior	48,553
Revolving Loans Amortized Cost Basis	49,331
Revolving Loans Converted to Term	197
Total	275,292
Current period gross charge-offs, 2023	3
Current period gross charge-offs, 2022	35
Current period gross charge-offs, 2021	17
Current period gross charge-offs, Prior	84
Current period gross charge-offs, Total	139
Loan portfolio			311,444
Residential and Consumer | Residential mortgage
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	1,074
2022	11,880
2021	65,100
2020	46,870
2019	7,833
Prior	42,454
Total	175,211
Loan portfolio			297,971
Residential and Consumer | Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	3,307
2022	23,834
2021	11,627
2020	4,104
2019	1,582
Prior	6,099
Revolving Loans Amortized Cost Basis	49,331
Revolving Loans Converted to Term	197
Total	100,081
Current period gross charge-offs, 2023	3
Current period gross charge-offs, 2022	35
Current period gross charge-offs, 2021	17
Current period gross charge-offs, Prior	84
Current period gross charge-offs, Total	139	$ 45
Loan portfolio			13,473
Commercial
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	26,756
2022	121,198
2021	134,296
2020	75,432
2019	75,604
Prior	213,910
Revolving Loans Amortized Cost Basis	57,972
Total	705,168
Loan portfolio			679,322
Performing | Residential and Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	4,364
2022	35,714
2021	76,727
2020	50,924
2019	9,366
Prior	47,655
Revolving Loans Amortized Cost Basis	49,309
Revolving Loans Converted to Term	197
Total	274,256
Loan portfolio			309,858
Performing | Residential and Consumer | Residential mortgage
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	1,074
2022	11,880
2021	65,100
2020	46,870
2019	7,833
Prior	41,730
Total	174,487
Loan portfolio			296,401
Performing | Residential and Consumer | Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	3,290
2022	23,834
2021	11,627
2020	4,054
2019	1,533
Prior	5,925
Revolving Loans Amortized Cost Basis	49,309
Revolving Loans Converted to Term	197
Total	99,769
Loan portfolio			13,457
Non-performing | Residential and Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	17
2020	50
2019	49
Prior	898
Revolving Loans Amortized Cost Basis	22
Total	1,036
Loan portfolio			1,586
Non-performing | Residential and Consumer | Residential mortgage
Performing and non-performing outstanding balances of the residential and consumer portfolios
Prior	724
Total	724
Loan portfolio			1,570
Non-performing | Residential and Consumer | Consumer
Performing and non-performing outstanding balances of the residential and consumer portfolios
2023	17
2020	50
2019	49
Prior	174
Revolving Loans Amortized Cost Basis	22
Total	$ 312
Loan portfolio			$ 16

Allowance for Credit Losses -_9

Allowance for Credit Losses - Loans - Aging categories of performing loans and non-accrual loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	$ 980,460
Total loans		$ 990,766
Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	150,438
Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	223,526
Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	175,211
Total loans		297,971
Financial Asset, Not Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	969,171
Total loans		983,185
Financial Asset, Not Past Due | Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	150,138
Financial Asset, Not Past Due | Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	215,382
Financial Asset, Not Past Due | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	173,177
Total loans		295,790
Financial Asset, Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	11,289
Total loans		7,581
Financial Asset, Past Due | Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	300
Financial Asset, Past Due | Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	8,144
Financial Asset, Past Due | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	2,034
Total loans		2,181
30-59 Days Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	10,282
Total loans		5,479
30-59 Days Past Due | Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	250
30-59 Days Past Due | Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	8,144
30-59 Days Past Due | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	1,340
Total loans		489
Financing Receivables 60To 89Days Past Due Member
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	250
Total loans		823
Financing Receivables 60To 89Days Past Due Member | Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Financing Receivables 60To 89Days Past Due Member | Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Financing Receivables 60To 89Days Past Due Member | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	95
Total loans		422
Financing Receivables Equal To Greater Than 90Days Past Due Member
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	757
Total loans		1,279
Financing Receivables Equal To Greater Than 90Days Past Due Member | Other commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	50
Financing Receivables Equal To Greater Than 90Days Past Due Member | Other commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Financing Receivables Equal To Greater Than 90Days Past Due Member | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	599
Total loans		1,270
Commercial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		679,322
Commercial | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		153,398
Commercial | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	77,805
Total loans		75,158
Commercial | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		450,744
Commercial | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	154,454
Commercial | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	98,945
Commercial | Financial Asset, Not Past Due | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		152,314
Commercial | Financial Asset, Not Past Due | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	77,805
Total loans		74,960
Commercial | Financial Asset, Not Past Due | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		446,809
Commercial | Financial Asset, Not Past Due | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	154,454
Commercial | Financial Asset, Not Past Due | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	98,945
Commercial | Financial Asset, Past Due | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		1,084
Commercial | Financial Asset, Past Due | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Total loans		198
Commercial | Financial Asset, Past Due | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		3,935
Commercial | Financial Asset, Past Due | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Financial Asset, Past Due | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | 30-59 Days Past Due | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		797
Commercial | 30-59 Days Past Due | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Total loans		198
Commercial | 30-59 Days Past Due | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		3,935
Commercial | 30-59 Days Past Due | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | 30-59 Days Past Due | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Financing Receivables 60To 89Days Past Due Member | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		287
Commercial | Financing Receivables 60To 89Days Past Due Member | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Total loans		0
Commercial | Financing Receivables 60To 89Days Past Due Member | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Financing Receivables 60To 89Days Past Due Member | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Financing Receivables 60To 89Days Past Due Member | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Financing Receivables Equal To Greater Than 90Days Past Due Member | Commercial and industrial
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Financing Receivables Equal To Greater Than 90Days Past Due Member | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Total loans		0
Commercial | Financing Receivables Equal To Greater Than 90Days Past Due Member | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Financing Receivables Equal To Greater Than 90Days Past Due Member | Commercial real estate (non-owner occupied) - retail
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Financing Receivables Equal To Greater Than 90Days Past Due Member | Commercial real estate (non-owner occupied) - multi-family
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	0
Commercial | Paycheck Protection Program (PPP)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		22
Commercial | Paycheck Protection Program (PPP) | Financial Asset, Not Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		22
Commercial | Paycheck Protection Program (PPP) | Financial Asset, Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Paycheck Protection Program (PPP) | 30-59 Days Past Due
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Paycheck Protection Program (PPP) | Financing Receivables 60To 89Days Past Due Member
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Paycheck Protection Program (PPP) | Financing Receivables Equal To Greater Than 90Days Past Due Member
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		0
Commercial | Pass
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		646,056
Commercial | Pass | Commercial real estate (owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		74,187
Commercial | Pass | Commercial real estate (non-owner occupied)
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		423,486
Consumer.
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		311,444
Consumer. | Residential mortgage
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Total loans		297,971
Consumer. | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	100,081
Total loans		13,473
Consumer. | Financial Asset, Not Past Due | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	99,270
Total loans		13,290
Consumer. | Financial Asset, Past Due | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	811
Total loans		183
Consumer. | 30-59 Days Past Due | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	548
Total loans		60
Consumer. | Financing Receivables 60To 89Days Past Due Member | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	155
Total loans		114
Consumer. | Financing Receivables Equal To Greater Than 90Days Past Due Member | Consumer
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Loans, net of unearned income	$ 108
Total loans		$ 9

Allowance for Credit Losses _10

Allowance for Credit Losses - Loans - Loan modifications to borrowers experiencing financial difficulty (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized Cost Basis	$ 439
Unfunded loan	0
Modified to borrowers which subsequently defaulted	0
Other commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized Cost Basis	$ 439
Percentage of Total Class of Loans	0.29%
Term extension	5 months

Allowance for Credit Losses _11

Allowance for Credit Losses - Loans - Loan modified as a TDR (Details) - Loans in non-accrual status - Commercial and industrial $ in Thousands	3 Months Ended
	Mar. 31, 2022 USD ($)
Schedule of TDRs
Number of loans	1
Current Balance	$ 472
Concession Granted	Subsequent modification of a TDR - Extension of maturity date with a below market interest rate

Allowance for Credit Losses _12

Allowance for Credit Losses - Loans - Additional information (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision (Credit)	$ 301,000	$ (400,000)
Provision (credit) for credit losses	1,179,000	(400,000)
Net loan charge-offs	$ 116,000	$ 76,000
Percentage of charge-offs	0.05%	0.03%
Net unfavorable shift	$ 701,000
Percentage for Total Loans	1.24%		1.08%
Evaluated for impairment	$ 150,000
Percentage of coverage on non-performing assets	264%		207%
Percentage of general reserve	67%
Percentage of quantitative reserve	33%
Non-performing assets	$ 4,561,000
Non-performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-performing assets as a percent of loans	0.47%
Non-performing assets	$ 4,600,000		$ 5,200,000
Consumer and Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum aggregate balances for commercial loan relationship under structure loan rating process.	250,000
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	2,000,000
Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	250,000
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	250,000
Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	100,000
Commercial | Commercial.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision (Credit)		$ 252,000
Minimum aggregate balances for commercial loan relationship under structure loan rating process.	$ 1,000,000
Commercial | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum percent of portfolio to be reviewed	30%
Minimum aggregate balances for commercial loan relationship under structure loan rating process.	$ 1,000,000
Consumer. | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision (Credit)	428,000	$ 11,000
Non-performing assets	$ 312,000

Short-Term Borrowings and Adv_3

Short-Term Borrowings and Advances from Federal Home Loan Bank (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Federal Home Loan Bank (FHLB) borrowings and advances
Open Repo Plus	$ 52,989	$ 88,641
FHLB Advances 2023, Amount	5,718	15,568
FHLB Advances 2024, Amount	4,197	4,197
FHLB Advances 2026, Amount	2,220
FHLB Advances 2027, Amount	4,000
Total FHLB advances	16,135	19,765
Total short-term and FHLB borrowings, Amount	$ 69,124	$ 108,406
Open Repo Plus Maturity Overnight, Weighted Average Rate	5.15%	4.45%
FHLB Advances Maturing 2023, Weighted Average Rate	1.73%	1.59%
FHLB Advances Maturing 2024, Weighted Average Rate	1.19%	1.19%
FHLB Advances Maturing 2026, Weighted Average Rate	4.05%
FHLB Advances Maturing 2027, Weighted Average Rate	3.91%
Total FHLB advances, Weighted Average Rate	2.45%	1.50%
Total short-term and FHLB borrowings, Weighted Average Rate	4.52%	3.91%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (22,520)	$ (6,512)
Other comprehensive income (loss) before reclassifications	(187)	(5,336)
Amounts reclassified from accumulated other comprehensive loss	(19)	395
Net current period other comprehensive income (loss)	(206)	(4,941)
Ending balance	(22,726)	(11,453)
Net Unrealized Gains and Losses on Investment Securities AFS
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(14,938)	1,386
Other comprehensive income (loss) before reclassifications	449	(5,860)
Net current period other comprehensive income (loss)	449	(5,860)
Ending balance	(14,489)	(4,474)
Interest Rate Hedge
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications	(636)
Amounts reclassified from accumulated other comprehensive loss	(19)
Net current period other comprehensive income (loss)	(655)
Ending balance	(655)
Defined Benefit Pension Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(7,582)	(7,898)
Other comprehensive income (loss) before reclassifications		524
Amounts reclassified from accumulated other comprehensive loss		395
Net current period other comprehensive income (loss)		919
Ending balance	$ (7,582)	$ (6,979)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Reclassification of component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Realized gains on sale of securities
Provision for income taxes	$ 174
Amortization of estimated defined benefit pension plan loss
Total reclassifications for the period	(19)	$ 395
Interest expense	5,052	1,261
Other expense	572	720
Income tax expense (benefit)	372	605
Net income (loss)	1,515	2,418
Reclassification out of Accumulated Other Comprehensive Income [Member]
Amortization of estimated defined benefit pension plan loss
Net income (loss)	(19)	395
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Amortization of estimated defined benefit pension plan loss
Interest expense	(24)
Income tax expense (benefit)	5
Net income (loss)	$ (19)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Amortization of estimated defined benefit pension plan loss
Other expense		500
Income tax expense (benefit)		(105)
Net income (loss)		$ 395

Regulatory Capital (Details)

Regulatory Capital (Details) $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount	$ 138,505	$ 136,767
Tier 1 Common Equity (To RWA), Actual Amount	125,384	125,278
Tier 1 Capital (To RWA), Actual Amount	125,384	125,278
Tier 1 Capital (To Average Assets), Actual Amount	$ 125,384	$ 125,278
Total Capital (To RWA), Actual Ratio	0.1273	0.1244
Tier 1 Common Equity (To RWA), Actual Ratio	0.1152	0.1139
Tier 1 Capital (To RWA), Actual Ratio	0.1152	0.1139
Tier 1 Capital (To Average Assets), Actual Ratio	0.0933	0.0939
Total Capital (To RWA), Minimum Required For Capital Adequacy Purpose	0.0800	0.0800
Tier 1 Common Equity (To RWA), Minimum Required For Capital Adequacy Purpose	0.0450	0.0450
Tier 1 Capital (To RWA), Minimum Required For Capital Adequacy Purpose	0.0600	0.0600
Tier 1 Capital (To Average Assets), Minimum Required For Capital Adequacy Purpose	0.0400	0.0400
Total Capital (To RWA), To Be Will Capitalized Under Prompt Corrective Action Regulations	0.1000	0.1000
Tier 1 Common Equity (To RWA), To Be Will Capitalized Under Prompt Corrective Action Regulations	0.0650	0.0650
Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Regulations	0.0800	0.0800
Tier 1 Capital (To Average Assets), To Be Will Capitalized Under Prompt Corrective Action Regulations	0.0500	0.0500
Parent Company
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount	$ 154,669	$ 153,092
Tier 1 Common Equity (To RWA), Actual Amount	114,894	114,959
Tier 1 Capital (To RWA), Actual Amount	114,894	114,959
Tier 1 Capital (To Average Assets), Actual Amount	$ 114,894	$ 114,959
Total Capital (To RWA), Actual Ratio	0.1417	0.1387
Tier 1 Common Equity (To RWA), Actual Ratio	0.1052	0.1041
Tier 1 Capital (To RWA), Actual Ratio	0.1052	0.1041
Tier 1 Capital (To Average Assets), Actual Ratio	0.0846	0.0852

Derivative Hedging Instrument_2

Derivative Hedging Instruments (Details) - Swap - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivative Financial Instruments, Liabilities
Derivative, Swap Type	N/A	N/A
Derivative Liability, Notional Amount	$ (65,770)	$ (66,756)
Weighted Average Rate Received (Paid)	(6.99%)	(2.64%)
Repricing frequency	Monthly	Monthly
Increase (Decrease) in Interest Expense	$ (437)	$ 250
Derivative Financial Instruments, Assets
Derivative, Swap Type	N/A	N/A
Derivative Asset, Notional Amount	$ 65,770	$ 66,756
Weighted Average Rate Received (Paid)	6.99%	2.64%
Repricing frequency	Monthly	Monthly
Increase (Decrease) in Interest Expense	$ 437	$ (250)

Derivative Hedging Instrument_3

Derivative Hedging Instruments - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Maximum amount outstanding	$ 500,000,000
Interest Rate Swap | Risk Participation Agreement
Notional amount	2,000,000	$ 2,100,000
Interest Rate Hedge
Notional amount	50,000,000
Derivative gain	24,000
Amount reclassified as decrease to interest expense	$ 300,000
Derivative term	3 years

Derivative Hedging Instrument_4

Derivative Hedging Instruments - Cash Flow Hedge (Details) - Designated as Hedging Instrument [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Amount Recognized in Other Comprehensive Loss on Derivative	$ (829)
Amount Reclassified from Accumulated Other Comprehensive Loss	(24)
Interest rate hedge
Derivative Instruments, Gain (Loss) [Line Items]
Amount Recognized in Other Comprehensive Loss on Derivative	$ (829)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense, Deposits
Amount Reclassified from Accumulated Other Comprehensive Loss	$ (24)

Segment Results (Details)

Segment Results (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Contribution of segments to the consolidated results of operations
Total revenue	$ 15,029	$ 14,102
Net interest income (expense)	9,522	9,767
Provision (credit) for credit losses	1,179	(400)
Non-interest income (loss)	5,507	4,335
Noninterest expense	11,963	11,479
Income (loss) before income taxes	1,887	3,023
Income tax expense (benefit)	372	605
Net income (loss)	1,515	2,418
Total assets	1,345,957		$ 1,363,874
Community banking
Contribution of segments to the consolidated results of operations
Total revenue	13,358	12,150
Net income (loss)	3,668	3,187
Wealth management
Contribution of segments to the consolidated results of operations
Total revenue	2,746	3,186
Net income (loss)	448	723
Investment/Parent
Contribution of segments to the consolidated results of operations
Total revenue	(1,075)	(1,234)
Net income (loss)	$ (2,601)	$ (1,492)

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Details) - USD ($)	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Carrying value of commitment	$ 906,000		$ 746,000
Allowance for credit losses - Loans	12,132,000	$ 11,947,000	10,743,000	$ 11,922,000	$ 12,398,000
Commitments to extend credit
Loss Contingencies [Line Items]
Amount of commitment	236,100,000		227,600,000
Standby letters of Credit
Loss Contingencies [Line Items]
Amount of commitment	$ 8,700,000		$ 9,000,000

Pension Benefits - Component of

Pension Benefits - Component of net periodic benefit cost (Details) - Defined Benefit Pension Items - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Components of net periodic benefit cost
Service cost	$ 258	$ 387
Interest cost	435	273
Expected return on plan assets	(1,034)	(1,050)
Amortization of net loss		500
Net periodic pension (benefit) cost	$ (341)	$ 110

Pension Benefits - Additional i

Pension Benefits - Additional information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) Y	Dec. 31, 2022 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Minimum number of annual hours	1,000
Requisite service period	5 years
Number of consecutive calendar years | Y	5
Period of employment	10 years
Maximum percent of plan assets comprised of AmeriServ Financial, Inc. common stock	10%
Defined Benefit Pension Items | Other assets.
Defined Benefit Plan Disclosure [Line Items]
Assets for pension benefits | $	$ 21.7	$ 21.3

Disclosures about Fair Value _3

Disclosures about Fair Value Measurements and Financial Instruments - Schedule of assets and liability measured and recorded on the Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Disclosures about Fair Value Measurements and Financial Instruments
Equity securities	$ 465	$ 502
Available for Sale, Fair Value, Total	177,873	179,508
Interest rate swap asset	4,837	6,992
Interest rate swap liability	(4,813)	(6,872)
Interest rate hedge	(828)
U.S. Agency
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	11,556	10,533
U.S. Agency mortgage-backed securities
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	88,636	89,985
Municipal
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	19,337	19,038
Corporate bonds.
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	58,344	59,952
Level 1
Disclosures about Fair Value Measurements and Financial Instruments
Equity securities	465	502
Level 2
Disclosures about Fair Value Measurements and Financial Instruments
Interest rate swap asset	4,837	6,992
Interest rate swap liability	(4,813)	(6,872)
Interest rate hedge	(828)
Level 2 | U.S. Agency
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	11,556	10,533
Level 2 | U.S. Agency mortgage-backed securities
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	88,636	89,985
Level 2 | Municipal
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	19,337	19,038
Level 2 | Corporate bonds.
Disclosures about Fair Value Measurements and Financial Instruments
Available for Sale, Fair Value, Total	$ 58,344	$ 59,952

Disclosures about Fair Value _4

Disclosures about Fair Value Measurements and Financial Instruments - Schedule of assets measured and recorded at fair value on a non-recurring basis (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Disclosures about Fair Value Measurements and Financial Instruments
Individually evaluated loans with carrying value	$ 1,600,000	$ 1,600,000
Specific valuation allowance	3,000	3,000
Individually evaluated loans	1,600,000	$ 1,600,000
Appraisal adjustments		52%
Fair Value Measurements, Nonrecurring Basis
Disclosures about Fair Value Measurements and Financial Instruments
Individually evaluated loans	1,551,000
Impaired loans		$ 1,583,000
Other real estate owned and repossessed assets	38,000	39,000
Fair Value Measurements, Nonrecurring Basis | Level 3
Disclosures about Fair Value Measurements and Financial Instruments
Individually evaluated loans	1,551,000
Impaired loans		1,583,000
Other real estate owned and repossessed assets	$ 38,000	39,000
Fair Value Measurements, Nonrecurring Basis | Level 3 | Impaired loans
Disclosures about Fair Value Measurements and Financial Instruments
Impaired loans		1,583,000
Other real estate owned and repossessed assets		$ 39,000
Fair Value Measurements, Nonrecurring Basis | Level 3 | Other real estate owned
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments	52%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Minimum | Impaired loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments		0%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Minimum | Individually evaluated loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments	0%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Minimum | Other real estate owned
Disclosures about Fair Value Measurements and Financial Instruments
Liquidation expenses	15%	10%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Maximum | Impaired loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments		100%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Maximum | Individually evaluated loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments	100%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Maximum | Other real estate owned
Disclosures about Fair Value Measurements and Financial Instruments
Liquidation expenses	(15.00%)	39%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Wgtd Ave | Impaired loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments		0.20%
Fair Value Measurements, Nonrecurring Basis | Level 3 | Wgtd Ave | Individually evaluated loans
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments	(0.20%)
Fair Value Measurements, Nonrecurring Basis | Level 3 | Wgtd Ave | Other real estate owned
Disclosures about Fair Value Measurements and Financial Instruments
Appraisal adjustments	(52.00%)	52%
Liquidation expenses		11%

Disclosures about Fair Value _5

Disclosures about Fair Value Measurements and Financial Instruments - Schedule of estimated fair value and recorded carrying value (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
FINANCIAL ASSETS: Carrying Value
Investment securities - HTM, Carrying Value	$ 60,740	$ 61,878
Loans held for sale, Carrying Value	417	59
Loans, net of allowance for loan loss and unearned income, Carrying Value	968,328	980,023
Investment securities - HTM, Fair Value	54,957	55,192
Loans held for sale, Fair Value	435	57
Loans, net of allowance for loan loss and unearned income, Fair Value	914,351	938,188
FINANCIAL LIABILITIES: Carrying Value
Deposits with stated maturities, Carrying Value	298,095	286,004
All other borrowings, Carrying Value	42,789	46,409
Deposits with stated maturities, Fair Value	294,692	281,297
All other borrowings, Fair Value	$ 41,008	44,759
Assets and liabilities considered financial instruments, percentage	90%
Level 1
FINANCIAL ASSETS: Carrying Value
Loans held for sale, Fair Value	$ 435	57
Level 2
FINANCIAL ASSETS: Carrying Value
Investment securities - HTM, Fair Value	52,050	52,323
Level 3
FINANCIAL ASSETS: Carrying Value
Investment securities - HTM, Fair Value	2,907	2,869
Loans, net of allowance for loan loss and unearned income, Fair Value	914,351	938,188
FINANCIAL LIABILITIES: Carrying Value
Deposits with stated maturities, Fair Value	294,692	281,297
All other borrowings, Fair Value	$ 41,008	$ 44,759