Cass Information Systems (CASS) 10-Q 7 Aug 23 2023 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2023	Jul. 27, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	000-20827
Entity Registrant Name	CASS INFORMATION SYSTEMS, INC.
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	43-1265338
Entity Address, Address Line One	12444 Powerscourt Drive
Entity Address, Address Line Two	Suite 550
Entity Address, City or Town	St. Louis
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	63131
City Area Code	314
Local Phone Number	506-5500
Title of 12(b) Security	Common stock, par value $.50
Trading Symbol	CASS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		13,666,955
Entity Central Index Key	0000708781
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 27,361	$ 20,995
Short-term investments	243,112	179,947
Cash and cash equivalents	270,473	200,942
Securities available-for-sale, at fair value	637,513	754,468
Loans	1,055,848	1,082,906
Less: Allowance for credit losses	13,194	13,539
Loans, net	1,042,654	1,069,367
Payments in advance of funding	269,180	293,775
Premises and equipment, net	24,320	19,958
Investment in bank-owned life insurance	48,564	47,998
Goodwill	17,309	17,309
Other intangible assets, net	3,735	4,126
Receivables from Customers	83,627	95,779
Other assets	73,421	69,301
Total assets	2,470,796	2,573,023
Deposits:
Noninterest-bearing	679,107	642,757
Interest-bearing	512,327	614,460
Total deposits	1,191,434	1,257,217
Accounts and drafts payable	1,021,524	1,067,600
Other liabilities	42,692	41,881
Total liabilities	2,255,650	2,366,698
Shareholders’ Equity:
Preferred stock, par value $.50 per share; 2,000,000 shares authorized and no shares issued	0	0
Common Stock, Value, Outstanding	7,753	7,753
Additional paid-in capital	206,734	207,422
Retained earnings	137,996	131,682
Common shares in treasury, at cost (1,837,695 shares at June 30, 2023 and 1,836,116 shares at December 31, 2022)	80,943	81,211
Accumulated other comprehensive loss	(56,394)	(59,321)
Total shareholders’ equity	215,146	206,325
Total liabilities and shareholders’ equity	$ 2,470,796	$ 2,573,023

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par or stated value per share (in dollars per share)	$ 0.50	$ 0.50
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par or stated value per share (in dollars per share)	$ 0.50	$ 0.50
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares, issued (in shares)	15,505,772	15,505,772
Common stock, shares, outstanding (in shares)	13,668,077	13,669,656
Treasury stock shares (in shares)	1,837,695	1,836,116

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fee Revenue and Other Income:
Fee revenues	$ 31,301	$ 30,230	$ 62,337	$ 60,227
Other	1,025	844	2,360	1,706
Total fee revenue and other income	32,073	30,651	64,180	61,081
Interest Income:
Interest and fees on loans	12,931	9,107	25,166	17,884
Interest and dividends on securities:
Taxable	3,688	2,276	7,274	3,732
Exempt from federal income taxes	989	1,639	2,197	3,316
Interest on federal funds sold and other short-term investments	2,100	958	5,213	1,174
Total interest income	19,708	13,980	39,850	26,106
Interest Expense:
Interest on deposits	3,651	339	6,822	562
Interest on short-term borrowings	43	0	116	0
Total interest expense	3,694	339	6,938	562
Net interest income	16,014	13,641	32,912	25,544
(Release of) provision for credit losses	(120)	70	(460)	300
Net interest income after (release of) provision for credit losses	16,134	13,571	33,372	25,244
Total net revenue	48,207	44,222	97,552	86,325
Operating Expense:
Personnel	29,432	26,033	59,458	50,751
Occupancy	907	916	1,762	1,831
Equipment	1,749	1,660	3,399	3,371
Amortization of intangible assets	195	155	390	290
Other operating expense	7,056	4,875	14,702	9,224
Total operating expense	39,339	33,639	79,711	65,467
Income before income tax expense	8,868	10,583	17,841	20,858
Income tax expense	1,730	2,021	3,586	4,038
Net income	$ 7,138	$ 8,562	$ 14,255	$ 16,820
Basic earnings per share (in dollars per share)	$ 0.53	$ 0.63	$ 1.05	$ 1.24
Diluted earnings per share (in dollars per share)	$ 0.52	$ 0.62	$ 1.03	$ 1.22
Processing fees
Fee Revenue and Other Income:
Fee revenues	$ 19,386	$ 19,184	$ 38,899	$ 38,220
Financial fees
Fee Revenue and Other Income:
Fee revenues	$ 11,662	$ 10,623	$ 22,921	$ 21,155

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Comprehensive Income
Net income	$ 7,138	$ 8,562	$ 14,255	$ 16,820
Other comprehensive income (loss):
Net unrealized (loss) gain on securities available-for-sale	(5,627)	(23,538)	3,554	(61,037)
Tax effect	1,339	5,602	(846)	14,527
Reclassification adjustments for losses (gains) included in net income	199	(2)	160	(2)
Tax effect	(47)	0	(38)	0
Foreign currency translation adjustments	12	(209)	97	(210)
Total comprehensive income (loss)	$ 3,014	$ (9,585)	$ 17,182	$ (29,902)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash Flows From Operating Activities:
Net income	$ 14,255	$ 16,820
Amortization of intangible assets	390	290
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion (Amortization) of Discounts and Premiums, Investments	2,287	(3,321)
Depreciation	2,028	2,036
Losses (gains) on sales of securities	160	(2)
Stock-based compensation expense	2,859	3,172
(Release of) provision for credit losses	(460)	300
(Decrease) increase in current income tax liability	(1,036)	634
Increase (decrease) in pension liability	224	(1,274)
Increase in accounts receivable	(5,446)	(1,805)
Other operating activities, net	1,712	7,570
Net cash provided by operating activities	16,973	31,062
Cash Flows From Investing Activities:
Proceeds from sales of securities available-for-sale	111,053	1,521
Proceeds from maturities of securities available-for-sale	22,501	30,357
Purchase of securities available-for-sale	(15,332)	(162,853)
Net decrease in loans	27,058	1,092
Purchase of bank-owned life insurance	0	(4,259)
Decrease (increase) in payments in advance of funding	24,595	(21,745)
Purchases of premises and equipment, net	(6,390)	(3,393)
Net cash provided by (used in) investing activities	163,485	(163,705)
Net increase in noninterest-bearing demand deposits	36,350	21,850
Payments to Acquire Businesses, Net of Cash Acquired	0	4,425
Cash Flows From Financing Activities:
Net (Increase) Decrease In Accounts and Drafts Receivable From Customers	12,152	(24,139)
Net increase in noninterest-bearing demand deposits	36,350	21,850
Net decrease in interest-bearing demand and savings deposits	(122,399)	(48,982)
Net increase (decrease) in time deposits	20,266	(4,796)
Net decrease (increase) in accounts and drafts receivable from customers	(46,076)	(51,526)
Cash dividends paid	(7,941)	(7,654)
Purchase of common shares for treasury	(2,377)	(5,299)
Other financing activities, net	(902)	(505)
Net cash used in financing activities	(110,927)	(121,051)
Net increase (decrease) in cash and cash equivalents	69,531	(253,694)
Cash and cash equivalents at beginning of period	200,942	514,928
Cash and cash equivalents at end of period	270,473	261,234
Supplemental information:
Cash paid for interest	6,697	549
Cash paid for income taxes	$ 4,598	$ 2,609

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2021	$ 245,798	$ 7,753	$ 204,276	$ 112,220	$ (78,904)	$ 453
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	16,820			16,820
Cash dividends	(7,654)			(7,654)
Issuance of common shares pursuant to stock-based compensation plan, net	(420)		(2,638)		2,218
Exercise of SARs	(85)		(328)		243
Stock-based compensation expense	3,172		3,172
Purchase of common shares	(5,299)				(5,299)
Other comprehensive income (loss)	(46,718)					(46,718)
Ending balance at Jun. 30, 2022	205,614	7,753	204,482	121,386	(81,742)	(46,265)
Beginning balance at Mar. 31, 2022	217,078	7,753	203,149	116,646	(82,348)	(28,122)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	8,562			8,562
Cash dividends	(3,822)			(3,822)
Issuance of common shares pursuant to stock-based compensation plan, net	70		(749)		819
Stock-based compensation expense	2,082		2,082
Purchase of common shares	(213)				(213)
Other comprehensive income (loss)	(18,143)					(18,143)
Ending balance at Jun. 30, 2022	205,614	7,753	204,482	121,386	(81,742)	(46,265)
Beginning balance at Dec. 31, 2022	206,325	7,753	207,422	131,682	(81,211)	(59,321)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	14,255			14,255
Cash dividends	(7,941)			(7,941)
Issuance of common shares pursuant to stock-based compensation plan, net	(786)		(3,327)		2,541
Exercise of SARs	(116)		(238)		122
Stock-based compensation expense	2,859		2,877
Purchase of common shares	(2,377)				(2,377)
Other comprehensive income (loss)	2,927					2,927
Ending balance at Jun. 30, 2023	215,146	7,753	206,734	137,996	(80,943)	(56,394)
Beginning balance at Mar. 31, 2023	217,500	7,753	206,614	134,822	(79,419)	(52,270)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,138			7,138
Cash dividends	(3,964)			(3,964)
Issuance of common shares pursuant to stock-based compensation plan, net	64		(807)		871
Stock-based compensation expense	909		927
Purchase of common shares	(2,377)				(2,377)
Other comprehensive income (loss)	(4,124)					(4,124)
Ending balance at Jun. 30, 2023	$ 215,146	$ 7,753	$ 206,734	$ 137,996	$ (80,943)	$ (56,394)

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.29	$ 0.28	$ 0.58	$ 0.56
Issuance of common shares pursuant to stock-based compensation plan, net (in shares)	19,687	18,637	81,221	76,909
Purchase of common shares (in shares)	63,305	5,500	63,305	130,374

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. Certain amounts in prior-period financial statements have been reclassified to conform to the current period’s presentation. Such reclassifications have no effect on previously reported net income or shareholders’ equity. For further information, refer to the audited consolidated financial statements and related footnotes included in Cass Information System, Inc.’s (the “Company” or “Cass”) Annual Report on Form 10-K for the year ended December 31, 2022 ("2022 Form 10-K").

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets The Company accounts for intangible assets in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 350, Goodwill and Other Intangible Assets , which requires that intangibles with indefinite useful lives be tested annually for impairment, or when management deems there is a triggering event, and those with finite useful lives be amortized over their useful lives. Details of the Company’s intangible assets are as follows: June 30, 2023 December 31, 2022 (In thousands) Gross Carrying Accumulated Gross Carrying Accumulated Assets eligible for amortization: Customer lists $ 6,470 $ (4,706) $ 6,470 $ (4,561) Patents 72 (34) 72 (32) Software 3,212 (1,721) 3,212 (1,508) Trade name 373 (56) 373 (42) Other 500 (375) 500 (358) Unamortized intangible assets: Goodwill 17,309 — 17,309 — Total intangible assets $ 27,936 $ (6,892) $ 27,936 $ (6,501)

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding. Under the treasury stock method, stock appreciation rights (“SARs”) are dilutive when the average market price of the Company’s common stock, combined with the effect of any unamortized compensation expense, exceeds the SAR price during a period. The calculations of basic and diluted earnings per share are as follows: (In thousands except share and per share data) Three Months Ended Six Months Ended 2023 2022 2023 2022 Basic Net income $ 7,138 $ 8,562 $ 14,255 $ 16,820 Weighted-average common shares outstanding 13,553,346 13,542,677 13,576,281 13,560,237 Basic earnings per share $ 0.53 $ 0.63 $ 1.05 $ 1.24 Diluted Net income $ 7,138 $ 8,562 $ 14,255 $ 16,820 Weighted-average common shares outstanding 13,553,346 13,542,677 13,576,281 13,560,237 Effect of dilutive restricted stock and stock appreciation rights 300,696 258,864 282,412 247,611 Weighted-average common shares outstanding assuming dilution 13,854,042 13,801,541 13,858,693 13,807,848 Diluted earnings per share $ 0.52 $ 0.62 $ 1.03 $ 1.22

Stock Repurchases

Stock Repurchases	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
Stock Repurchases	Stock Repurchases The Company maintains a treasury stock buyback program pursuant to which, in October 2021, the Board of Directors authorized the repurchase of up to 750,000 shares of the Company’s common stock with no expiration date. As of June 30, 2023, 277,402 shares remained available for repurchase under the program. The Company repurchased 63,305 and 5,500 shares during the three-month periods ended June 30, 2023 and 2022, and 63,305 and 130,374 shares during the six-month periods ended June 30, 2023 and 2022. Repurchases may be made in the open market or through negotiated transactions from time to time depending on market conditions.

Industry Segment Information

Industry Segment Information	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Industry Segment Information	Industry Segment Information The services provided by the Company are classified into two reportable segments: Information Services and Banking Services. Each of these segments provides distinct services that are marketed through different channels. They are managed separately due to their unique service and processing requirements. The Information Services segment provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations. In addition, this segment provides church management software and on-line generosity services primarily for faith-based ministries. The Banking Services segment provides banking services primarily to privately held businesses, franchise restaurants, and faith-based ministries, as well as supporting the banking needs of the Information Services segment. The Company’s accounting policies for segments are the same as those described in the summary of significant accounting policies in the Company’s 2022 Form 10-K. Management evaluates segment performance based on pre-tax income after allocations for corporate expenses. Transactions between segments are accounted for at what management believes to be fair value. Substantially all revenue originates from, and all long-lived assets are located within, the United States and no revenue from any customer of any segment exceeds 10% of the Company’s consolidated revenue. Funding sources represent average balances and deposits generated by Information Services and Banking Services and there is no allocation methodology used. Banking Services interest income is determined by actual interest income on loans minus actual interest expense paid on deposits plus/minus an allocation for interest income or expense dependent on the remaining available liquidity of the segment. Information Services interest income is determined by multiplying available liquidity by actual yields on short-term investments and investment securities. Any difference between total segment interest income and overall total Company interest income is included in Corporate, Eliminations, and Other. Summarized information about the Company’s operations in each industry segment is as follows: (In thousands) Information Banking Corporate, Total Three Months Ended June 30, 2023: Fee income $ 31,360 $ 626 $ 87 $ 32,073 Interest income 9,463 13,829 (3,584) 19,708 Interest expense 69 7,340 (3,715) 3,694 Intersegment income (expense) (1,062) 1,062 — — Tax-equivalized pre-tax income 5,873 2,776 219 8,868 Goodwill 17,173 136 — 17,309 Other intangible assets, net 3,735 — — 3,735 Total assets 1,602,932 1,150,293 (282,429) 2,470,796 Average funding sources 1,327,251 784,068 — 2,111,319 Three Months Ended June 30, 2022: Fee income $ 29,660 $ 717 $ 274 $ 30,651 Interest income 5,778 9,336 (1,134) 13,980 Interest expense 34 328 (23) 339 Intersegment income (expense) (910) 910 — — Tax-equivalized pre-tax income 5,980 5,441 (838) 10,583 Goodwill 17,173 136 — 17,309 Other intangible assets, net 4,516 — — 4,516 Total assets 1,376,262 1,086,799 (19,073) 2,443,988 Average funding sources 1,390,567 974,681 — 2,365,248 Six Months Ended June 30, 2023: Fee income $ 62,437 $ 1,337 $ 406 $ 64,180 Interest income 18,910 27,006 (6,066) 39,850 Interest expense 167 12,773 (6,002) 6,938 Intersegment income (expense) (1,976) 1,976 — — Tax-equivalized pre-tax income 10,864 6,635 342 17,841 Goodwill 17,173 136 — 17,309 Other intangible assets, net 3,735 — — 3,735 Total assets 1,602,932 1,150,293 (282,429) 2,470,796 Average funding sources 1,342,061 833,207 — 2,175,268 Six Months Ended June 30, 2022: Fee income $ 58,844 $ 1,670 $ 567 $ 61,081 Interest income 10,128 18,189 (2,211) 26,106 Interest expense 40 553 (31) 562 Intersegment income (expense) (1,674) 1,674 — — Tax-equivalized pre-tax income 11,870 10,602 (1,614) 20,858 Goodwill 17,173 136 — 17,309 Other intangible assets, net 4,516 — — 4,516 Total assets 1,376,262 1,086,799 (19,073) 2,443,988 Average funding sources 1,339,769 970,772 — 2,310,541

Loans by Type

Loans by Type	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Loans by Type	Loans by Type A summary of loans is as follows: (In thousands) June 30, December 31, Commercial and industrial $ 534,128 $ 561,616 Real estate: Commercial: Mortgage 115,335 108,166 Construction 20,330 17,874 Faith-based: Mortgage 376,127 387,114 Construction 9,928 8,094 Other — 42 Total loans $ 1,055,848 $ 1,082,906 The following table presents the aging of loans past due by category at June 30, 2023 and December 31, 2022: Performing Nonperforming (In thousands) Current 30-59 60-89 90 Non- Total June 30, 2023 Commercial and industrial $ 534,128 $ — $ — $ — $ — $ 534,128 Real estate Commercial: Mortgage 115,335 — — — — 115,335 Construction 20,330 — — — — 20,330 Faith-based: Mortgage 376,127 — — — — 376,127 Construction 9,928 — — — — 9,928 Total $ 1,055,848 $ — $ — $ — $ — $ 1,055,848 December 31, 2022 Commercial and industrial $ 560,466 $ — $ — $ — $ 1,150 $ 561,616 Real estate Commercial: Mortgage 108,166 — — — — 108,166 Construction 17,874 — — — — 17,874 Faith-based: Mortgage 387,114 — — — — 387,114 Construction 8,094 — — — — 8,094 Other 42 — — — — 42 Total $ 1,081,756 $ — $ — $ — $ 1,150 $ 1,082,906 The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of June 30, 2023 and December 31, 2022: (In thousands) Loans Subject to Normal Monitoring 1 Performing Loans Subject to Special Monitoring 2 Nonperforming Loans Subject to Special Monitoring 2 Total Loans June 30, 2023 Commercial and industrial $ 523,176 $ 10,952 $ — $ 534,128 Real estate Commercial: Mortgage 115,335 — — 115,335 Construction 20,330 — — 20,330 Faith-based: Mortgage 369,338 6,789 — 376,127 Construction 9,928 — — 9,928 Total $ 1,038,107 $ 17,741 $ — $ 1,055,848 December 31, 2022 Commercial and industrial $ 549,241 $ 11,225 $ 1,150 $ 561,616 Real estate Commercial: Mortgage 108,166 — — 108,166 Construction 17,874 — — 17,874 Faith-based: Mortgage 386,169 945 — 387,114 Construction 8,094 — — 8,094 Other 42 — — 42 Total $ 1,069,586 $ 12,170 $ 1,150 $ 1,082,906 1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations. 2 Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention. The Company adopted Accounting Standards Update ("ASU") 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ("ASU 2022-02") effective January 1, 2023. The amendments in ASU 2022-02 eliminated the recognition and measure of troubled debt restructurings and enhanced disclosures for loan modifications to borrowers experiencing financial difficulty. In some cases, these modifications may result in new loans. Loan modifications to borrowers experiencing financial difficulty may be in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, a term extension, or a combination thereof, among other things. The following table shows the amortized cost of loans at June 30, 2023 that were both experiencing financial difficulty and modified during the six months ended June 30, 2023, segregated by category and type of modification. (In thousands) Payment Delay Term Extension Interest Rate Reduction Combination Term Extension and Interest Rate Reduction Percentage of Total Loans Held for Investment June 30, 2023 Commercial and industrial $ — $ 10,952 $ — $ — 2.05 % Total $ — $ 10,952 $ — $ — 1.04 % There were two loans modified during the six months ended June 30, 2023. The terms were extended by periods of two and three years and there was not an interest rate reduction associated with the modifications. The following table shows the performance of loans that have been modified to borrowers experiencing financial difficulty during the six months ended June 30, 2023. (In thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due June 30, 2023 Commercial and industrial $ 10,952 $ — $ — $ — $ — Total $ 10,952 $ — $ — $ — $ — There were no modified loans that had a payment default during the six months ended June 30, 2023 and that had been modified due to the borrower experiencing financial difficulty within the 12 previous months preceding the default. Upon the Company's determination that a modified loan has subsequently been deemed uncollectible, the loan is written off. There were no loans written off during the six months ended June 30, 2023. Prior to the adoption of ASU 2022-02, there were no loans considered troubled debt restructurings as of June 30, 2022 or December 31, 2022. The Company had no loans evaluated for expected credit losses on an individual basis as of June 30, 2023. The Company had one loan that was considered an individually evaluated credit at December 31, 2022, with no specific allowance. This loan was paid off in full in January 2023. There were no foreclosed loans recorded as other real estate owned as of June 30, 2023 or December 31, 2022. A summary of the activity in the allowance for credit losses (“ACL”) by category for the six month period ended June 30, 2023 and year-ended December 31, 2022 is as follows: (In thousands) C&I CRE Faith-based Construction Total Balance at December 31, 2021 $ 5,034 $ 1,031 $ 5,684 $ 292 $ 12,041 Provision for (release of) credit losses 931 (91) 753 (108) 1,485 Recoveries 13 — — — 13 Balance at December 31, 2022 $ 5,978 $ 940 $ 6,437 $ 184 $ 13,539 (Release of) provision for credit losses (1) (282) 42 (130) 25 (345) Recoveries — — — — — Balance at June 30, 2023 $ 5,696 $ 982 $ 6,307 $ 209 $ 13,194 (1) For the six month period ended June 30, 2023 and year-ended December 31, 2022, there was a release of credit losses of $115,000 and $135,000, respectively, for unfunded commitments.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Company is party to activities that contain credit, market and operational risks that are not reflected in whole or in part in the Company’s consolidated financial statements. As more fully described in the Form 10-K, such activities include traditional off-balance sheet credit-related financial instruments and commitments under operating leases. These financial instruments include commitments to extend credit, commercial letters of credit and standby letters of credit. The Company’s maximum potential exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit, commercial letters of credit and standby letters of credit is represented by the contractual amounts of those instruments. Commitments to extend credit and letters of credit are subject to the same underwriting standards as those financial instruments included on the consolidated balance sheets. An allowance for unfunded commitments of $117,000 and $232,000 had been recorded at June 30, 2023 and December 31, 2022, respectively.At June 30, 2023, the balances of unfunded commitments, standby and commercial letters of credit were $198.2 million, $14.0 million, and $822,000, respectively. Since some of the financial instruments may expire without being drawn upon, the total amounts do not necessarily represent future cash requirements.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation awards have historically been issued under the Company's Amended and Restated Omnibus Stock and Performance Compensation Plan (the "Prior Plan"), which was amended and last approved by shareholders in 2013. The Company issued shares out of treasury stock for these awards until the expiration of the Prior Plan on April 17, 2023. During the six months ended June 30, 2023, 35,035 restricted shares and 48,262 performance-based restricted shares were granted under the Prior Plan. On February 16, 2023, the Board of Directors adopted the 2023 Omnibus Stock and Performance Compensation Plan (the "2023 Omnibus Plan") to replace the Prior Plan, subject to shareholder approval which occurred on April 18, 2023. Subsequent to this date, the Company will issue stock-based compensation awards under the 2023 Omnibus Plan. During the six months ended June 30, 2023, 19,687 restricted shares and 3,191 performance-based restricted shares were granted under the 2023 Omnibus Plan. Stock-based compensation expense for the three months ended June 30, 2023 and 2022 was $909,000 and $2.1 million, respectively, and $2.9 million and $3.2 million for the six months ended June 30, 2023 and 2022. Restricted Stock Restricted shares granted to Company employees are amortized to expense over a three-year cliff vesting period, or until vesting occurs upon retirement. Restricted shares granted to members of the Board of Directors are amortized to expense over a one-year service period, with the exception of those shares granted in lieu of cash payments for retainer fees which are expensed in the period earned. As of June 30, 2023, the total unrecognized compensation expense related to non-vested restricted shares was $2.4 million, and the related weighted-average period over which it is expected to be recognized is approximately 0.77 years. Following is a summary of the activity of the Company's restricted stock for the six months ended June 30, 2023, with total shares and weighted-average fair value: Six Months Ended Shares Fair Value Balance at December 31, 2022 205,565 $ 42.64 Granted 54,722 44.78 Vested (21,691) 53.16 Forfeitures (398) 40.15 Balance at June 30, 2023 238,198 $ 42.18 Performance-Based Restricted Stock The Company has granted three-year performance-based restricted stock (“PBRS”) awards which are contingent upon the Company’s achievement of pre-established financial goals over a three-year cliff vest period. The number of shares issued ranges from 0% to 150% of the target opportunity based on the actual achievement of financial goals for the three-year performance period. Following is a summary of the activity of the PBRS for the six months ended June 30, 2023, based on 100% of target value: Six Months Ended Shares Fair Value Balance at December 31, 2022 138,785 $ 43.19 Granted 51,453 48.19 Vested (30,567) 54.02 Forfeitures (598) 40.15 Balance at June 30, 2023 159,073 $ 42.74 The PBRS that vested during the six months ended June 30, 2023 were based on the Company's achievement of 86.7% of target financial goals, resulting in the issuance of 26,499 shares of common stock. The outstanding PBRS at June 30, 2023 will vest at scheduled vesting dates and the actual number of shares of common stock issued will range from 0% to 150% of the target opportunity based on the actual achievement of financial goals for the respective three-year performance period. SARs There were no SARs granted and no expense recognized during the six months ended June 30, 2023. Following is a summary of the activity of the Company’s SARs program for the six months ended June 30, 2023: Shares Weighted- Average Aggregate Intrinsic Value (In thousands) Balance at December 31, 2022 46,325 $ 41.62 0.73 $ 192 Exercised (15,916) 31.92 — — Exercisable at June 30, 2023 30,409 $ 46.70 0.59 $ — All SARs were vested at June 30, 2023.

Defined Pension Plans

Defined Pension Plans	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Defined Pension Plans	Defined Pension Plans The Company has a noncontributory defined-benefit pension plan (the “Plan”), which covers eligible employees. Effective December 31, 2016, the Plan was closed to all new participants. Additionally, the Plan’s benefits were frozen for all remaining participants as of February 28, 2021. As such, subsequent to February 28, 2021, there is no service cost associated with the Plan. The following table represents the components of net periodic pension cost (benefit): (In thousands) Estimated 2023 Actual 2022 Interest cost on projected benefit obligations $ 4,375 $ 3,293 Expected return on plan assets (3,977) (5,857) Net periodic pension cost (benefit) $ 398 $ (2,564) The Company recorded a net periodic pension cost of $138,000 and $273,000 for the three and six month period ended June 30, 2023, respectively, and a net periodic pension benefit of $613,000 and $1.2 million for the three and six month period ended June 30, 2022, respectively. The Company made no contributions to the Plan during the six month period ended June 30, 2023 and is evaluating the amount of contributions, if any, for the remainder of 2023. In addition to the above funded defined-benefit pension plan, the Company has an unfunded supplemental executive retirement plan (the "SERP"). There are no current employees earning benefits and therefore, there is no service cost associated with the SERP. The following table represents the components of the net periodic cost for the SERP: (In thousands) Estimated 2023 Actual 2022 Interest cost on projected benefit obligation $ 472 $ 318 Net amortization — 108 Net periodic pension cost $ 472 $ 426

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate was 19.5% and 20.1% for the three and six month periods ended June 30, 2023, respectively, and 19.1% and 19.4% for the three and six month periods June 30, 2022, respectively. The effective tax rate for all periods differs from the statutory rate of 21% primarily due to the tax-exempt interest received from municipal bonds and bank-owned life insurance, among other factors. The increase in the effective tax rate for the six month period ended June 30, 2023 as compared to the same period of 2022 is primarily a result of lower tax-exempt income.

Investment in Securities

Investment in Securities	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments in Securities	Investment in Securities Investment securities available-for-sale are recorded at fair value on a recurring basis. The Company’s investment securities available-for-sale are measured at fair value using Level 2 valuations. The market evaluation utilizes several sources which include “observable inputs” rather than “significant unobservable inputs” and therefore fall into the Level 2 category. The amortized cost, gross unrealized gains, gross unrealized losses and fair value of investment securities are summarized as follows: June 30, 2023 (In thousands) Amortized Gross Gross Fair State and political subdivisions $ 243,231 $ 1 $ 19,799 $ 223,433 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 196,521 — 32,669 163,852 Corporate bonds 111,231 — 10,068 101,163 Treasury securities 109,666 — 2,770 106,896 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 43,729 — 1,560 42,169 Total $ 704,378 $ 1 $ 66,866 $ 637,513 December 31, 2022 (In thousands) Amortized Gross Gross Fair Value State and political subdivisions $ 317,376 $ 54 $ 22,304 $ 295,126 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 205,175 — 31,236 173,939 Corporate bonds 96,348 — 11,251 85,097 Treasury securities 158,935 — 3,652 155,283 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 47,213 — 2,190 45,023 Total $ 825,047 $ 54 $ 70,633 $ 754,468 The fair values of securities with unrealized losses are as follows: June 30, 2023 Less than 12 months 12 months or more Total (In thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized State and political subdivisions $ 104,329 $ 1,171 $ 118,103 $ 18,628 $ 222,432 $ 19,799 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 11,581 608 152,271 32,061 163,852 32,669 Corporate bonds 14,846 155 81,318 9,913 96,164 10,068 Treasury securities 9,656 247 97,240 2,523 106,896 2,770 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises — — 42,169 1,560 42,169 1,560 Total $ 140,412 $ 2,181 $ 491,101 $ 64,685 $ 631,513 $ 66,866 December 31, 2022 Less than 12 months 12 months or more Total (In thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized State and political subdivisions $ 214,919 $ 8,958 $ 47,474 $ 13,346 $ 262,393 $ 22,304 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 53,732 6,135 118,017 25,101 171,749 31,236 Corporate bonds 32,517 3,629 47,580 7,622 80,097 11,251 Treasury securities 155,283 3,652 — — 155,283 3,652 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises — — 47,213 2,190 47,213 2,190 Total $ 456,451 $ 22,374 $ 260,284 $ 48,259 $ 716,735 $ 70,633 There were 280 securities, or 98.9% (183 of which for greater than 12 months), in an unrealized loss position as of June 30, 2023. The unrealized losses at June 30, 2023 were primarily attributable to changes in market interest rates after the securities were purchased. The Company does not currently intend to sell and, based on current conditions, the Company does not believe it will be required to sell these available-for-sale securities before the recovery of the amortized cost basis, which may be the maturity dates of the securities. Therefore, the unrealized losses are recorded in accumulated other comprehensive loss. There were 311 securities, or 91.7% (101 of which for greater than 12 months), in an unrealized loss position as of December 31, 2022. At June 30, 2023 and December 31, 2022, the Company had not recorded an allowance for credit losses on securities. The amortized cost and fair value of investment securities by contractual maturity are shown in the following table. Expected maturities may differ from contractual maturities because borrowers have the right to prepay obligations with or without prepayment penalties. June 30, 2023 (In thousands) Amortized Cost Fair Value Due in 1 year or less $ 114,522 $ 111,901 Due after 1 year through 5 years 144,547 141,874 Due after 5 years through 10 years 205,751 179,827 Due after 10 years 239,558 203,911 Total $ 704,378 $ 637,513

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Following is a summary of the carrying amounts and fair values of the Company’s financial instruments: June 30, 2023 December 31, 2022 (In thousands) Carrying Fair Value Carrying Fair Value Balance sheet assets: Cash and cash equivalents $ 270,473 $ 270,473 $ 200,942 $ 200,942 Investment securities 637,513 637,513 754,468 754,468 Loans, net 1,042,654 993,935 1,069,367 1,004,682 Accrued interest receivable 7,790 7,790 8,297 8,297 Total $ 1,958,430 $ 1,909,711 $ 2,033,074 $ 1,968,389 Balance sheet liabilities: Deposits $ 1,191,434 $ 1,191,434 $ 1,257,217 $ 1,257,217 Accounts and drafts payable 1,021,524 1,021,524 1,067,600 1,067,600 Accrued interest payable 307 307 66 66 Total $ 2,213,265 $ 2,213,265 $ 2,324,883 $ 2,324,883 The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash and Cash Equivalents - The carrying amount approximates fair value. Investment in Securities - The fair value is measured on a recurring basis using Level 2 valuations. Refer to Note 11, “Investment in Securities,” for fair value and unrealized gains and losses by investment type. Loans - The fair value is estimated using present values of future cash flows discounted at risk-adjusted interest rates for each loan category designated by management and is therefore a Level 3 valuation. Management believes that the risk factor embedded in the interest rates along with the allowance for credit losses result in a fair valuation. Accrued Interest Receivable - The carrying amount approximates fair value. Deposits - The fair value of demand deposits, savings deposits and certain money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities and therefore, is a Level 2 valuation. The fair value estimates above do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market or the benefit derived from the customer relationship inherent in existing deposits. Accounts and Drafts Payable - The carrying amount approximates fair value. Accrued Interest Payable - The carrying amount approximates fair value.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customers	Revenue from Contracts with Customers Revenue is recognized as the obligation to the customer is satisfied. The following is detail of the Company’s revenue from contracts with clients. Processing fees – The Company earns fees on a per-item or monthly basis for the invoice processing services rendered on behalf of customers. Per-item fees are recognized at the point in time when the performance obligation is satisfied. Monthly fees are earned over the course of a month, representing the period over which the performance obligation is satisfied. The contracts have no significant impact of variable consideration and no significant financing components. Financial fees – The Company earns fees on a transaction level basis for invoice payment services when making customer payments. Fees are recognized at the point in time when the payment transactions are made, which is when the performance obligation is satisfied. The contracts have no significant impact of variable consideration and no significant financing components. Bank service fees – Revenue from service fees consists of service charges and fees on deposit accounts under depository agreements with customers to provide access to deposited funds. Service charges on deposit accounts are transaction-based fees that are recognized at the point in time when the performance obligation is satisfied. Service charges are recognized on a monthly basis representing the period over which the performance obligation is satisfied. The contracts have no significant impact of variable consideration and no significant financing components. For the Three Months Ended June 30, For the Six Months Ended June 30, (In thousands) 2023 2022 2023 2022 Fee revenue and other income In-scope of FASB ASC 606 Processing fees $ 19,386 $ 19,184 $ 38,899 $ 38,220 Financial fees 11,662 10,623 22,921 21,155 Information services payment and processing revenue 31,048 29,807 61,820 59,375 Bank service fees 253 423 517 852 Fee revenue (in-scope of FASB ASC 606) 31,301 30,230 62,337 60,227 Other income (out-of-scope of FASB ASC 606) 772 421 1,843 854 Total fee revenue and other income $ 32,073 $ 30,651 $ 64,180 $ 61,081

Leases

Leases	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Leases	Leases The Company leases certain premises under operating leases. As of June 30, 2023, the Company had lease liabilities of $9.0 million and right-of-use assets of $8.6 million. Lease liabilities and right-of-use assets are reflected in other liabilities other assets A maturity analysis of operating lease liabilities and undiscounted cash flows as of June 30, 2023 is as follows: (In thousands) June 30, Lease payments due Less than 1 year $ 1,337 1-2 years 1,333 2-3 years 1,359 3-4 years 1,343 4-5 years 1,370 Over 5 years 3,531 Total undiscounted cash flows 10,273 Discount on cash flows 1,280 Total lease liability $ 8,993 There were no sale and leaseback transactions, leveraged leases, or lease transactions with related parties during the six months ended June 30, 2023.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events In accordance with FASB ASC 855, Subsequent Events , the Company has evaluated subsequent events after the consolidated balance sheet date of June 30, 2023. There were no events identified that would require additional disclosures to prevent the Company’s unaudited consolidated financial statements from being misleading.

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Details of the Company’s intangible assets are as follows: June 30, 2023 December 31, 2022 (In thousands) Gross Carrying Accumulated Gross Carrying Accumulated Assets eligible for amortization: Customer lists $ 6,470 $ (4,706) $ 6,470 $ (4,561) Patents 72 (34) 72 (32) Software 3,212 (1,721) 3,212 (1,508) Trade name 373 (56) 373 (42) Other 500 (375) 500 (358) Unamortized intangible assets: Goodwill 17,309 — 17,309 — Total intangible assets $ 27,936 $ (6,892) $ 27,936 $ (6,501)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The calculations of basic and diluted earnings per share are as follows: (In thousands except share and per share data) Three Months Ended Six Months Ended 2023 2022 2023 2022 Basic Net income $ 7,138 $ 8,562 $ 14,255 $ 16,820 Weighted-average common shares outstanding 13,553,346 13,542,677 13,576,281 13,560,237 Basic earnings per share $ 0.53 $ 0.63 $ 1.05 $ 1.24 Diluted Net income $ 7,138 $ 8,562 $ 14,255 $ 16,820 Weighted-average common shares outstanding 13,553,346 13,542,677 13,576,281 13,560,237 Effect of dilutive restricted stock and stock appreciation rights 300,696 258,864 282,412 247,611 Weighted-average common shares outstanding assuming dilution 13,854,042 13,801,541 13,858,693 13,807,848 Diluted earnings per share $ 0.52 $ 0.62 $ 1.03 $ 1.22

Industry Segment Information (T

Industry Segment Information (Tables)	6 Months Ended
	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Summarized information about the Company’s operations in each industry segment is as follows: (In thousands) Information Banking Corporate, Total Three Months Ended June 30, 2023: Fee income $ 31,360 $ 626 $ 87 $ 32,073 Interest income 9,463 13,829 (3,584) 19,708 Interest expense 69 7,340 (3,715) 3,694 Intersegment income (expense) (1,062) 1,062 — — Tax-equivalized pre-tax income 5,873 2,776 219 8,868 Goodwill 17,173 136 — 17,309 Other intangible assets, net 3,735 — — 3,735 Total assets 1,602,932 1,150,293 (282,429) 2,470,796 Average funding sources 1,327,251 784,068 — 2,111,319 Three Months Ended June 30, 2022: Fee income $ 29,660 $ 717 $ 274 $ 30,651 Interest income 5,778 9,336 (1,134) 13,980 Interest expense 34 328 (23) 339 Intersegment income (expense) (910) 910 — — Tax-equivalized pre-tax income 5,980 5,441 (838) 10,583 Goodwill 17,173 136 — 17,309 Other intangible assets, net 4,516 — — 4,516 Total assets 1,376,262 1,086,799 (19,073) 2,443,988 Average funding sources 1,390,567 974,681 — 2,365,248 Six Months Ended June 30, 2023: Fee income $ 62,437 $ 1,337 $ 406 $ 64,180 Interest income 18,910 27,006 (6,066) 39,850 Interest expense 167 12,773 (6,002) 6,938 Intersegment income (expense) (1,976) 1,976 — — Tax-equivalized pre-tax income 10,864 6,635 342 17,841 Goodwill 17,173 136 — 17,309 Other intangible assets, net 3,735 — — 3,735 Total assets 1,602,932 1,150,293 (282,429) 2,470,796 Average funding sources 1,342,061 833,207 — 2,175,268 Six Months Ended June 30, 2022: Fee income $ 58,844 $ 1,670 $ 567 $ 61,081 Interest income 10,128 18,189 (2,211) 26,106 Interest expense 40 553 (31) 562 Intersegment income (expense) (1,674) 1,674 — — Tax-equivalized pre-tax income 11,870 10,602 (1,614) 20,858 Goodwill 17,173 136 — 17,309 Other intangible assets, net 4,516 — — 4,516 Total assets 1,376,262 1,086,799 (19,073) 2,443,988 Average funding sources 1,339,769 970,772 — 2,310,541

Loans by Type (Tables)

Loans by Type (Tables)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Summary of Loan Categories	A summary of loans is as follows: (In thousands) June 30, December 31, Commercial and industrial $ 534,128 $ 561,616 Real estate: Commercial: Mortgage 115,335 108,166 Construction 20,330 17,874 Faith-based: Mortgage 376,127 387,114 Construction 9,928 8,094 Other — 42 Total loans $ 1,055,848 $ 1,082,906
Schedule of Debt	The following table presents the aging of loans past due by category at June 30, 2023 and December 31, 2022: Performing Nonperforming (In thousands) Current 30-59 60-89 90 Non- Total June 30, 2023 Commercial and industrial $ 534,128 $ — $ — $ — $ — $ 534,128 Real estate Commercial: Mortgage 115,335 — — — — 115,335 Construction 20,330 — — — — 20,330 Faith-based: Mortgage 376,127 — — — — 376,127 Construction 9,928 — — — — 9,928 Total $ 1,055,848 $ — $ — $ — $ — $ 1,055,848 December 31, 2022 Commercial and industrial $ 560,466 $ — $ — $ — $ 1,150 $ 561,616 Real estate Commercial: Mortgage 108,166 — — — — 108,166 Construction 17,874 — — — — 17,874 Faith-based: Mortgage 387,114 — — — — 387,114 Construction 8,094 — — — — 8,094 Other 42 — — — — 42 Total $ 1,081,756 $ — $ — $ — $ 1,150 $ 1,082,906
Schedule of Credit Exposure of the Loan Portfolio	The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of June 30, 2023 and December 31, 2022: (In thousands) Loans Subject to Normal Monitoring 1 Performing Loans Subject to Special Monitoring 2 Nonperforming Loans Subject to Special Monitoring 2 Total Loans June 30, 2023 Commercial and industrial $ 523,176 $ 10,952 $ — $ 534,128 Real estate Commercial: Mortgage 115,335 — — 115,335 Construction 20,330 — — 20,330 Faith-based: Mortgage 369,338 6,789 — 376,127 Construction 9,928 — — 9,928 Total $ 1,038,107 $ 17,741 $ — $ 1,055,848 December 31, 2022 Commercial and industrial $ 549,241 $ 11,225 $ 1,150 $ 561,616 Real estate Commercial: Mortgage 108,166 — — 108,166 Construction 17,874 — — 17,874 Faith-based: Mortgage 386,169 945 — 387,114 Construction 8,094 — — 8,094 Other 42 — — 42 Total $ 1,069,586 $ 12,170 $ 1,150 $ 1,082,906 1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations. 2 Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.
Financing Receivable, Troubled Debt Restructuring	The following table shows the amortized cost of loans at June 30, 2023 that were both experiencing financial difficulty and modified during the six months ended June 30, 2023, segregated by category and type of modification. (In thousands) Payment Delay Term Extension Interest Rate Reduction Combination Term Extension and Interest Rate Reduction Percentage of Total Loans Held for Investment June 30, 2023 Commercial and industrial $ — $ 10,952 $ — $ — 2.05 % Total $ — $ 10,952 $ — $ — 1.04 % The following table shows the performance of loans that have been modified to borrowers experiencing financial difficulty during the six months ended June 30, 2023. (In thousands) Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due June 30, 2023 Commercial and industrial $ 10,952 $ — $ — $ — $ — Total $ 10,952 $ — $ — $ — $ —
Summary of ACL by Category	A summary of the activity in the allowance for credit losses (“ACL”) by category for the six month period ended June 30, 2023 and year-ended December 31, 2022 is as follows: (In thousands) C&I CRE Faith-based Construction Total Balance at December 31, 2021 $ 5,034 $ 1,031 $ 5,684 $ 292 $ 12,041 Provision for (release of) credit losses 931 (91) 753 (108) 1,485 Recoveries 13 — — — 13 Balance at December 31, 2022 $ 5,978 $ 940 $ 6,437 $ 184 $ 13,539 (Release of) provision for credit losses (1) (282) 42 (130) 25 (345) Recoveries — — — — — Balance at June 30, 2023 $ 5,696 $ 982 $ 6,307 $ 209 $ 13,194 (1) For the six month period ended June 30, 2023 and year-ended December 31, 2022, there was a release of credit losses of $115,000 and $135,000, respectively, for unfunded commitments.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Activity	Following is a summary of the activity of the Company's restricted stock for the six months ended June 30, 2023, with total shares and weighted-average fair value: Six Months Ended Shares Fair Value Balance at December 31, 2022 205,565 $ 42.64 Granted 54,722 44.78 Vested (21,691) 53.16 Forfeitures (398) 40.15 Balance at June 30, 2023 238,198 $ 42.18
Schedule of Performance Shares Activity	Following is a summary of the activity of the PBRS for the six months ended June 30, 2023, based on 100% of target value: Six Months Ended Shares Fair Value Balance at December 31, 2022 138,785 $ 43.19 Granted 51,453 48.19 Vested (30,567) 54.02 Forfeitures (598) 40.15 Balance at June 30, 2023 159,073 $ 42.74
Schedule of Stock Appreciation Right Activity	Following is a summary of the activity of the Company’s SARs program for the six months ended June 30, 2023: Shares Weighted- Average Aggregate Intrinsic Value (In thousands) Balance at December 31, 2022 46,325 $ 41.62 0.73 $ 192 Exercised (15,916) 31.92 — — Exercisable at June 30, 2023 30,409 $ 46.70 0.59 $ —

Defined Pension Plans (Tables)

Defined Pension Plans (Tables)	6 Months Ended
	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Expected Benefit Payments	The following table represents the components of net periodic pension cost (benefit): (In thousands) Estimated 2023 Actual 2022 Interest cost on projected benefit obligations $ 4,375 $ 3,293 Expected return on plan assets (3,977) (5,857) Net periodic pension cost (benefit) $ 398 $ (2,564)
Schedule of Net Benefit Costs	The following table represents the components of the net periodic cost for the SERP: (In thousands) Estimated 2023 Actual 2022 Interest cost on projected benefit obligation $ 472 $ 318 Net amortization — 108 Net periodic pension cost $ 472 $ 426

Investment in Securities (Table

Investment in Securities (Tables)	6 Months Ended
	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	The amortized cost, gross unrealized gains, gross unrealized losses and fair value of investment securities are summarized as follows: June 30, 2023 (In thousands) Amortized Gross Gross Fair State and political subdivisions $ 243,231 $ 1 $ 19,799 $ 223,433 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 196,521 — 32,669 163,852 Corporate bonds 111,231 — 10,068 101,163 Treasury securities 109,666 — 2,770 106,896 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 43,729 — 1,560 42,169 Total $ 704,378 $ 1 $ 66,866 $ 637,513 December 31, 2022 (In thousands) Amortized Gross Gross Fair Value State and political subdivisions $ 317,376 $ 54 $ 22,304 $ 295,126 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 205,175 — 31,236 173,939 Corporate bonds 96,348 — 11,251 85,097 Treasury securities 158,935 — 3,652 155,283 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 47,213 — 2,190 45,023 Total $ 825,047 $ 54 $ 70,633 $ 754,468
Schedule of Unrealized Loss on Investments	The fair values of securities with unrealized losses are as follows: June 30, 2023 Less than 12 months 12 months or more Total (In thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized State and political subdivisions $ 104,329 $ 1,171 $ 118,103 $ 18,628 $ 222,432 $ 19,799 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 11,581 608 152,271 32,061 163,852 32,669 Corporate bonds 14,846 155 81,318 9,913 96,164 10,068 Treasury securities 9,656 247 97,240 2,523 106,896 2,770 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises — — 42,169 1,560 42,169 1,560 Total $ 140,412 $ 2,181 $ 491,101 $ 64,685 $ 631,513 $ 66,866 December 31, 2022 Less than 12 months 12 months or more Total (In thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized State and political subdivisions $ 214,919 $ 8,958 $ 47,474 $ 13,346 $ 262,393 $ 22,304 Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises 53,732 6,135 118,017 25,101 171,749 31,236 Corporate bonds 32,517 3,629 47,580 7,622 80,097 11,251 Treasury securities 155,283 3,652 — — 155,283 3,652 Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises — — 47,213 2,190 47,213 2,190 Total $ 456,451 $ 22,374 $ 260,284 $ 48,259 $ 716,735 $ 70,633
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The amortized cost and fair value of investment securities by contractual maturity are shown in the following table. Expected maturities may differ from contractual maturities because borrowers have the right to prepay obligations with or without prepayment penalties. June 30, 2023 (In thousands) Amortized Cost Fair Value Due in 1 year or less $ 114,522 $ 111,901 Due after 1 year through 5 years 144,547 141,874 Due after 5 years through 10 years 205,751 179,827 Due after 10 years 239,558 203,911 Total $ 704,378 $ 637,513

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value Measurements by Balance Sheet Grouping	Following is a summary of the carrying amounts and fair values of the Company’s financial instruments: June 30, 2023 December 31, 2022 (In thousands) Carrying Fair Value Carrying Fair Value Balance sheet assets: Cash and cash equivalents $ 270,473 $ 270,473 $ 200,942 $ 200,942 Investment securities 637,513 637,513 754,468 754,468 Loans, net 1,042,654 993,935 1,069,367 1,004,682 Accrued interest receivable 7,790 7,790 8,297 8,297 Total $ 1,958,430 $ 1,909,711 $ 2,033,074 $ 1,968,389 Balance sheet liabilities: Deposits $ 1,191,434 $ 1,191,434 $ 1,257,217 $ 1,257,217 Accounts and drafts payable 1,021,524 1,021,524 1,067,600 1,067,600 Accrued interest payable 307 307 66 66 Total $ 2,213,265 $ 2,213,265 $ 2,324,883 $ 2,324,883

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	For the Three Months Ended June 30, For the Six Months Ended June 30, (In thousands) 2023 2022 2023 2022 Fee revenue and other income In-scope of FASB ASC 606 Processing fees $ 19,386 $ 19,184 $ 38,899 $ 38,220 Financial fees 11,662 10,623 22,921 21,155 Information services payment and processing revenue 31,048 29,807 61,820 59,375 Bank service fees 253 423 517 852 Fee revenue (in-scope of FASB ASC 606) 31,301 30,230 62,337 60,227 Other income (out-of-scope of FASB ASC 606) 772 421 1,843 854 Total fee revenue and other income $ 32,073 $ 30,651 $ 64,180 $ 61,081

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Schedule of Operating Lease Maturity	A maturity analysis of operating lease liabilities and undiscounted cash flows as of June 30, 2023 is as follows: (In thousands) June 30, Lease payments due Less than 1 year $ 1,337 1-2 years 1,333 2-3 years 1,359 3-4 years 1,343 4-5 years 1,370 Over 5 years 3,531 Total undiscounted cash flows 10,273 Discount on cash flows 1,280 Total lease liability $ 8,993

Intangible Assets - Narrative (

Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 17,309	$ 17,309	$ 17,309	$ 17,309	$ 17,309
Amortization of intangible assets	195	$ 155	390	$ 290
Expected amortization, remainder of fiscal year	780		780
Amortization expense, next rolling twelve months	738		738
Amortization expense, rolling year two	730		730
Amortization expense, rolling year three	582		582
Amortization expense, rolling year four	$ 262		$ 262
Customer lists | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	7 years		7 years
Customer lists | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	10 years		10 years
Patents
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	18 years		18 years
Software | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	3 years		3 years
Software | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	7 years		7 years
Trade name | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	10 years		10 years
Trade name | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	20 years		20 years
Other
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	15 years		15 years

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets eligible for amortization:
Accumulated Amortization	$ (6,892)	$ (6,501)
Unamortized intangible assets:
Goodwill, gross carrying amount	17,309	17,309
Total intangible assets, net	27,936	27,936
Total intangible assets, accumulated amortization	6,892	6,501
Customer lists
Assets eligible for amortization:
Gross Carrying Amount	6,470	6,470
Accumulated Amortization	(4,706)	(4,561)
Unamortized intangible assets:
Total intangible assets, accumulated amortization	4,706	4,561
Patents
Assets eligible for amortization:
Gross Carrying Amount	72	72
Accumulated Amortization	(34)	(32)
Unamortized intangible assets:
Total intangible assets, accumulated amortization	34	32
Software
Assets eligible for amortization:
Gross Carrying Amount	3,212	3,212
Accumulated Amortization	(1,721)	(1,508)
Unamortized intangible assets:
Total intangible assets, accumulated amortization	1,721	1,508
Trade name
Assets eligible for amortization:
Gross Carrying Amount	373	373
Accumulated Amortization	(56)	(42)
Unamortized intangible assets:
Total intangible assets, accumulated amortization	56	42
Other
Assets eligible for amortization:
Gross Carrying Amount	500	500
Accumulated Amortization	(375)	(358)
Unamortized intangible assets:
Total intangible assets, accumulated amortization	$ 375	$ 358

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Basic
Net income	$ 7,138	$ 8,562	$ 14,255	$ 16,820
Weighted-average common shares outstanding (in shares)	13,553,346	13,542,677	13,576,281	13,560,237
Basic earnings per share (in dollars per share)	$ 0.53	$ 0.63	$ 1.05	$ 1.24
Diluted
Net Income	$ 7,138	$ 8,562	$ 14,255	$ 16,820
Weighted-average common shares outstanding (in shares)	13,553,346	13,542,677	13,576,281	13,560,237
Effect of dilutive restricted stock and stock appreciation rights (in shares)	300,696	258,864	282,412	247,611
Weighted-average common shares outstanding assuming dilution (in shares)	13,854,042	13,801,541	13,858,693	13,807,848
Diluted earnings per share (in dollars per share)	$ 0.52	$ 0.62	$ 1.03	$ 1.22

Stock Repurchases (Details)

Stock Repurchases (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Oct. 31, 2021
Equity [Abstract]
Number of shares authorized to be repurchased (in shares)					750,000
Remaining number of shares authorized to be repurchased (in shares)	277,402		277,402
Treasury stock, shares repurchased (in shares)	63,305	5,500	63,305	130,374

Industry Segment Information (D

Industry Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) segment	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			2
Interest Income (Expense), after Provision for Loan Loss [Abstract]
Fee income	$ 32,073	$ 30,651	$ 64,180	$ 61,081
Interest income	19,708	13,980	39,850	26,106
Interest expense	3,694	339	6,938	562
Intersegment income (expense)	16,014	13,641	32,912	25,544
Tax-equivalized pre-tax income	8,868	10,583	17,841	20,858
Goodwill	17,309	17,309	17,309	17,309	$ 17,309
Other intangible assets, net	3,735	4,516	3,735	4,516
Total assets	2,470,796	2,443,988	2,470,796	2,443,988	$ 2,573,023
Average funding sources	2,111,319	2,365,248	2,175,268	2,310,541
Corporate, Eliminations and Other
Interest Income (Expense), after Provision for Loan Loss [Abstract]
Fee income	87	274	406	567
Interest income	(3,584)	(1,134)	(6,066)	(2,211)
Interest expense	(3,715)	(23)	(6,002)	(31)
Intersegment income (expense)	0	0	0	0
Tax-equivalized pre-tax income	219	(838)	342	(1,614)
Goodwill	0	0	0	0
Other intangible assets, net	0	0	0	0
Total assets	(282,429)	(19,073)	(282,429)	(19,073)
Average funding sources	0	0	0	0
Information services payment and processing revenue | Operating Segments
Interest Income (Expense), after Provision for Loan Loss [Abstract]
Fee income	31,360	29,660	62,437	58,844
Interest income	9,463	5,778	18,910	10,128
Interest expense	69	34	167	40
Intersegment income (expense)	(1,062)	(910)	(1,976)	(1,674)
Tax-equivalized pre-tax income	5,873	5,980	10,864	11,870
Goodwill	17,173	17,173	17,173	17,173
Other intangible assets, net	3,735	4,516	3,735	4,516
Total assets	1,602,932	1,376,262	1,602,932	1,376,262
Average funding sources	1,327,251	1,390,567	1,342,061	1,339,769
Banking Services | Operating Segments
Interest Income (Expense), after Provision for Loan Loss [Abstract]
Fee income	626	717	1,337	1,670
Interest income	13,829	9,336	27,006	18,189
Interest expense	7,340	328	12,773	553
Intersegment income (expense)	1,062	910	1,976	1,674
Tax-equivalized pre-tax income	2,776	5,441	6,635	10,602
Goodwill	136	136	136	136
Other intangible assets, net	0	0	0	0
Total assets	1,150,293	1,086,799	1,150,293	1,086,799
Average funding sources	$ 784,068	$ 974,681	$ 833,207	$ 970,772

Loans by Type - Summary of Loan

Loans by Type - Summary of Loan Categories (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Participating Mortgage Loans [Line Items]
Total loans	$ 1,055,848	$ 1,082,906
Commercial and industrial
Participating Mortgage Loans [Line Items]
Total loans	534,128	561,616
Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total loans	115,335	108,166
Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total loans	20,330	17,874
Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total loans	376,127	387,114
Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total loans	9,928	8,094
Other
Participating Mortgage Loans [Line Items]
Total loans	$ 0	$ 42

Loans by Type - Narrative (Deta

Loans by Type - Narrative (Details) - loan	6 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Receivables [Abstract]
Number of loans individually evaluated for impairment	0		0
Number of troubled debt restructured loans	0	0

Loans by Type - Schedule of the

Loans by Type - Schedule of the Aging of Loans by Loan Categories (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Participating Mortgage Loans [Line Items]
Total Loans	$ 1,055,848	$ 1,082,906
Non- accrual	0	1,150
Commercial and industrial
Participating Mortgage Loans [Line Items]
Total Loans	534,128	561,616
Non- accrual	0	1,150
Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	115,335	108,166
Non- accrual	0	0
Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	20,330	17,874
Non- accrual	0	0
Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	376,127	387,114
Non- accrual	0	0
Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	9,928	8,094
Non- accrual	0	0
Other
Participating Mortgage Loans [Line Items]
Total Loans		42
Non- accrual		0
Current
Participating Mortgage Loans [Line Items]
Total Loans	1,055,848	1,081,756
Current | Commercial and industrial
Participating Mortgage Loans [Line Items]
Total Loans	534,128	560,466
Current | Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	115,335	108,166
Current | Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	20,330	17,874
Current | Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	376,127	387,114
Current | Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	9,928	8,094
Current | Other
Participating Mortgage Loans [Line Items]
Total Loans		42
30-59 Days
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Commercial and industrial
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	0	0
30-59 Days | Other
Participating Mortgage Loans [Line Items]
Total Loans		0
60-89 Days
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Commercial and industrial
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	0	0
60-89 Days | Other
Participating Mortgage Loans [Line Items]
Total Loans		0
90 Days and Over
Participating Mortgage Loans [Line Items]
Total Loans	0	0
90 Days and Over | Commercial and industrial
Participating Mortgage Loans [Line Items]
Total Loans	0	0
90 Days and Over | Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
90 Days and Over | Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	0	0
90 Days and Over | Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total Loans	0	0
90 Days and Over | Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total Loans	$ 0	0
90 Days and Over | Other
Participating Mortgage Loans [Line Items]
Total Loans		$ 0

Loans by Type - Schedule of t_2

Loans by Type - Schedule of the Credit Exposure of the Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Participating Mortgage Loans [Line Items]
Total loans	$ 1,055,848	$ 1,082,906
Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	1,038,107	1,069,586
Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	17,741	12,170
Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	1,150
Commercial and industrial
Participating Mortgage Loans [Line Items]
Total loans	534,128	561,616
Commercial and industrial | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	523,176	549,241
Commercial and industrial | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	10,952	11,225
Commercial and industrial | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	1,150
Commercial: | Mortgage
Participating Mortgage Loans [Line Items]
Total loans	115,335	108,166
Commercial: | Mortgage | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	115,335	108,166
Commercial: | Mortgage | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Commercial: | Mortgage | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Commercial: | Construction
Participating Mortgage Loans [Line Items]
Total loans	20,330	17,874
Commercial: | Construction | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	20,330	17,874
Commercial: | Construction | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Commercial: | Construction | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Faith-based: | Mortgage
Participating Mortgage Loans [Line Items]
Total loans	376,127	387,114
Faith-based: | Mortgage | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	369,338	386,169
Faith-based: | Mortgage | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	6,789	945
Faith-based: | Mortgage | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Faith-based: | Construction
Participating Mortgage Loans [Line Items]
Total loans	9,928	8,094
Faith-based: | Construction | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans	9,928	8,094
Faith-based: | Construction | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Faith-based: | Construction | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans	0	0
Other
Participating Mortgage Loans [Line Items]
Total loans	$ 0	42
Other | Loans Subject To Normal Monitoring
Participating Mortgage Loans [Line Items]
Total loans		42
Other | Performing Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans		0
Other | Nonperforming Loans Subject To Special Monitoring
Participating Mortgage Loans [Line Items]
Total loans		$ 0

Loans by Type - Summary of ACL

Loans by Type - Summary of ACL by Category (Details) - USD ($) $ in Thousands	6 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 13,539
Ending balance	13,194
Loans Excluding Unfunded Commitments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	13,539	$ 12,041
(Release of) provision for credit losses	(345)	1,485
Recoveries	0	13
Ending balance	13,194
Loans Excluding Unfunded Commitments | C&I
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	5,978	5,034
(Release of) provision for credit losses	(282)	931
Recoveries	0	13
Ending balance	5,696
Loans Excluding Unfunded Commitments | CRE
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	940	1,031
(Release of) provision for credit losses	42	(91)
Recoveries	0	0
Ending balance	982
Loans Excluding Unfunded Commitments | Faith-based CRE
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,437	5,684
(Release of) provision for credit losses	(130)	753
Recoveries	0	0
Ending balance	6,307
Loans Excluding Unfunded Commitments | Construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	184	292
(Release of) provision for credit losses	25	(108)
Recoveries	0	$ 0
Ending balance	$ 209

Loans by Type (Details) - TDM L

Loans by Type (Details) - TDM Loans $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Financing Receivable, Past Due [Line Items]
Percentage of Total Loans Held for Investment	1.04%
Payment Delay
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0
Term Extension
Financing Receivable, Past Due [Line Items]
Modified loans	10,952
Interest Rate Reduction
Financing Receivable, Past Due [Line Items]
Modified loans	0
Combination Term Extension and Interest Rate Reduction
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Percentage of Total Loans Held for Investment	2.05%
Commercial and industrial | Payment Delay
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0
Commercial and industrial | Term Extension
Financing Receivable, Past Due [Line Items]
Modified loans	10,952
Commercial and industrial | Interest Rate Reduction
Financing Receivable, Past Due [Line Items]
Modified loans	0
Commercial and industrial | Combination Term Extension and Interest Rate Reduction
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0

Loans by Type (Details) - TDRs

Loans by Type (Details) - TDRs $ in Thousands	Jun. 30, 2023 USD ($)
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Modified loans	0
Current
Financing Receivable, Past Due [Line Items]
Modified loans	10,952
Current | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Modified loans	10,952
30-59 Days
Financing Receivable, Past Due [Line Items]
Modified loans	0
30-59 Days | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Modified loans	0
60-89 Days
Financing Receivable, Past Due [Line Items]
Modified loans	0
60-89 Days | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Modified loans	0
90 Days and Over
Financing Receivable, Past Due [Line Items]
Modified loans	0
90 Days and Over | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Modified loans	$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Allowance for unfunded commitments	$ 117	$ 232
Unused loan commitments	198,200
Financial Standby Letter of Credit
Loss Contingencies [Line Items]
Letters of credit	14,000
Stand by Letters Of Credit Member
Loss Contingencies [Line Items]
Letters of credit	$ 822

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 909	$ 2,100	$ 2,859	$ 3,172
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			54,722
Unrecognized compensation expense	$ 2,400		$ 2,400
Unrecognized compensation expense, period for recognition			9 months 7 days
Nonvested awards shares outstanding (in shares)	238,198		238,198		205,565
Restricted Stock | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Restricted Stock | Nonemployee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
Restricted Stock | Omnibus Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			35,035
Shares issued in period (in shares)			19,687
Performance-based Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			51,453
Award vesting period			3 years
Percentage of target opportunity for awards to vest			86.70%
Shares issued in period (in shares)			26,499
Nonvested awards shares outstanding (in shares)	159,073		159,073		138,785
Performance-based Restricted Stock | Omnibus Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)			48,262
Shares issued in period (in shares)			3,191
Performance-based Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target opportunity for awards to vest			0%
Performance-based Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target opportunity for awards to vest			150%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock	6 Months Ended
	Jun. 30, 2023 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) | shares	205,565
Granted (in shares) | shares	54,722
Vested (in shares) | shares	(21,691)
Forfeitures (in shares) | shares	(398)
Ending balance (in shares) | shares	238,198
Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 42.64
Granted (in dollars per share) | $ / shares	44.78
Vested (in dollars per share) | $ / shares	53.16
Forfeitures (in dollars per share) | $ / shares	40.15
Ending balance (in dollars per share) | $ / shares	$ 42.18

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of PBRS Activity (Details) - Performance-based Restricted Stock	6 Months Ended
	Jun. 30, 2023 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares) | shares	138,785
Granted (in shares) | shares	51,453
Vested (in shares) | shares	(30,567)
Forfeitures (in shares) | shares	(598)
Ending balance (in shares) | shares	159,073
Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 43.19
Granted (in dollars per share) | $ / shares	48.19
Vested (in dollars per share) | $ / shares	54.02
Forfeitures (in dollars per share) | $ / shares	40.15
Ending balance (in dollars per share) | $ / shares	$ 42.74

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Company's SARs Activity (Details) - SARs - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	9 Months Ended
	Jun. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares)	46,325
Exercised (in shares)	(15,916)
Ending balance (in shares)	30,409
Fair Value
Beginning balance (in dollars per share)	$ 41.62
Exercised (in dollars per share)	31.92
Ending balance (in dollars per share)	$ 46.70
Outstanding, average remaining contractual term (in years)	7 months 2 days	8 months 23 days
Aggregate intrinsic value	$ 0		$ 192

Defined Pension Plans - Narrati

Defined Pension Plans - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2022
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Net periodic cost (benefit)	$ 138	$ 613	$ (273)	$ (1,200)	$ (2,564)
Contributions			0
Supplemental Employee Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Net periodic cost (benefit)	$ 118	$ 106	$ 236	$ 213	$ 426

Defined Pension Plans - Schedul

Defined Pension Plans - Schedule of Net Periodic Pension Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation						$ 3,293
Expected return on plan assets						(5,857)
Net periodic pension (benefit) cost	$ 138	$ 613	$ (273)	$ (1,200)		(2,564)
Pension Plan | Forecast
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation					$ 4,375
Expected return on plan assets					(3,977)
Net periodic pension (benefit) cost					398
Supplemental Employee Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation						318
Net amortization						108
Net periodic pension (benefit) cost	$ 118	$ 106	$ 236	$ 213		$ 426
Supplemental Employee Retirement Plan | Forecast
Defined Benefit Plan Disclosure [Line Items]
Interest cost on projected benefit obligation					472
Net amortization					0
Net periodic pension (benefit) cost					$ 472

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation, percent	19.50%	19.10%	20.10%	19.40%

Investment in Securities - Sche

Investment in Securities - Schedule of Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Marketable Securities [Line Items]
Amortized Cost	$ 704,378	$ 825,047
Gross Unrealized Gains	1	54
Gross Unrealized Losses	66,866	70,633
Fair Value	637,513	754,468
AFS, Less than 12 months, Estimated Fair Value	140,412	456,451
AFS, Less than 12 months, Unrealized Losses	2,181	22,374
AFS, 12 months or more, Estimated Fair Value	491,101	260,284
AFS, 12 months or more, Unrealized Losses	64,685	48,259
Debt Securities, Available-for-sale, Unrealized Loss Position	631,513	716,735
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	66,866	70,633
State and political subdivisions
Marketable Securities [Line Items]
Amortized Cost	243,231	317,376
Gross Unrealized Gains	1	54
Gross Unrealized Losses	19,799	22,304
Fair Value	223,433	295,126
AFS, Less than 12 months, Estimated Fair Value	104,329	214,919
AFS, Less than 12 months, Unrealized Losses	1,171	8,958
AFS, 12 months or more, Estimated Fair Value	118,103	47,474
AFS, 12 months or more, Unrealized Losses	18,628	13,346
Debt Securities, Available-for-sale, Unrealized Loss Position	222,432	262,393
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	19,799	22,304
Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises
Marketable Securities [Line Items]
Amortized Cost	196,521	205,175
Gross Unrealized Gains	0	0
Gross Unrealized Losses	32,669	31,236
Fair Value	163,852	173,939
AFS, Less than 12 months, Estimated Fair Value	11,581	53,732
AFS, Less than 12 months, Unrealized Losses	608	6,135
AFS, 12 months or more, Estimated Fair Value	152,271	118,017
AFS, 12 months or more, Unrealized Losses	32,061	25,101
Debt Securities, Available-for-sale, Unrealized Loss Position	163,852	171,749
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	32,669	31,236
Corporate bonds
Marketable Securities [Line Items]
Amortized Cost	111,231	96,348
Gross Unrealized Gains	0	0
Gross Unrealized Losses	10,068	11,251
Fair Value	101,163	85,097
AFS, Less than 12 months, Estimated Fair Value	14,846	32,517
AFS, Less than 12 months, Unrealized Losses	155	3,629
AFS, 12 months or more, Estimated Fair Value	81,318	47,580
AFS, 12 months or more, Unrealized Losses	9,913	7,622
Debt Securities, Available-for-sale, Unrealized Loss Position	96,164	80,097
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	10,068	11,251
Treasury securities
Marketable Securities [Line Items]
Amortized Cost	109,666	158,935
Gross Unrealized Gains	0	0
Gross Unrealized Losses	2,770	3,652
Fair Value	106,896	155,283
AFS, Less than 12 months, Estimated Fair Value	9,656	155,283
AFS, Less than 12 months, Unrealized Losses	247	3,652
AFS, 12 months or more, Estimated Fair Value	97,240	0
AFS, 12 months or more, Unrealized Losses	2,523	0
Debt Securities, Available-for-sale, Unrealized Loss Position	106,896	155,283
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	2,770	3,652
Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises
Marketable Securities [Line Items]
Amortized Cost	43,729	47,213
Gross Unrealized Gains	0	0
Gross Unrealized Losses	1,560	2,190
Fair Value	42,169	45,023
AFS, Less than 12 months, Estimated Fair Value	0	0
AFS, Less than 12 months, Unrealized Losses	0	0
AFS, 12 months or more, Estimated Fair Value	42,169	47,213
AFS, 12 months or more, Unrealized Losses	1,560	2,190
Debt Securities, Available-for-sale, Unrealized Loss Position	42,169	47,213
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	$ 1,560	$ 2,190

Investment in Securities - Narr

Investment in Securities - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) security	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) security	Jun. 30, 2022 USD ($)	Dec. 31, 2022 security
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities, number of positions | security	280		280		311
Available-for-sale securities, percentage of total securities	98.90%		98.90%		91.70%
Available-for-sale securities, number of positions, greater than one year | security	183		183		101
Proceeds from sales of securities available-for-sale	$ 49,600	$ 1,500	$ 111,053	$ 1,521
Available-for-sale securities, gross realized gains	$ 0	2	$ 187	2
Available-for-sale securities, gross realized losses		$ 199		$ 347

Investment in Securities - Sc_2

Investment in Securities - Schedule of the Fair Values of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	$ 140,412	$ 456,451
AFS, Less than 12 months, Unrealized Losses	2,181	22,374
AFS, 12 months or more, Estimated Fair Value	491,101	260,284
AFS, 12 months or more, Unrealized Losses	64,685	48,259
AFS, Total Estimated Fair Value	631,513	716,735
AFS, Total Unrealized Losses	66,866	70,633
State and political subdivisions
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	104,329	214,919
AFS, Less than 12 months, Unrealized Losses	1,171	8,958
AFS, 12 months or more, Estimated Fair Value	118,103	47,474
AFS, 12 months or more, Unrealized Losses	18,628	13,346
AFS, Total Estimated Fair Value	222,432	262,393
AFS, Total Unrealized Losses	19,799	22,304
Mortgage-backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	11,581	53,732
AFS, Less than 12 months, Unrealized Losses	608	6,135
AFS, 12 months or more, Estimated Fair Value	152,271	118,017
AFS, 12 months or more, Unrealized Losses	32,061	25,101
AFS, Total Estimated Fair Value	163,852	171,749
AFS, Total Unrealized Losses	32,669	31,236
Corporate bonds
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	14,846	32,517
AFS, Less than 12 months, Unrealized Losses	155	3,629
AFS, 12 months or more, Estimated Fair Value	81,318	47,580
AFS, 12 months or more, Unrealized Losses	9,913	7,622
AFS, Total Estimated Fair Value	96,164	80,097
AFS, Total Unrealized Losses	10,068	11,251
Treasury securities
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	9,656	155,283
AFS, Less than 12 months, Unrealized Losses	247	3,652
AFS, 12 months or more, Estimated Fair Value	97,240	0
AFS, 12 months or more, Unrealized Losses	2,523	0
AFS, Total Estimated Fair Value	106,896	155,283
AFS, Total Unrealized Losses	2,770	3,652
Asset backed securities issued or guaranteed by U.S. government agencies or sponsored enterprises
Marketable Securities [Line Items]
AFS, Less than 12 months, Estimated Fair Value	0	0
AFS, Less than 12 months, Unrealized Losses	0	0
AFS, 12 months or more, Estimated Fair Value	42,169	47,213
AFS, 12 months or more, Unrealized Losses	1,560	2,190
AFS, Total Estimated Fair Value	42,169	47,213
AFS, Total Unrealized Losses	$ 1,560	$ 2,190

Investment in Securities - Sc_3

Investment in Securities - Schedule of Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost
Due in 1 year or less	$ 114,522
Due after 1 year through 5 years	144,547
Due after 5 years through 10 years	205,751
Due after 10 years	239,558
Amortized Cost	704,378	$ 825,047
Fair Value
Due in 1 year or less	111,901
Due after 1 year through 5 years	141,874
Due after 5 years through 10 years	179,827
Due after 10 years	203,911
Total	$ 637,513	$ 754,468

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Balance sheet assets:
Investment securities	$ 637,513	$ 754,468
Carrying Amount
Balance sheet assets:
Accrued interest receivable	7,790	8,297
Total	1,958,430	2,033,074
Balance sheet liabilities:
Accrued interest payable	307	66
Total	2,213,265	2,324,883
Fair Value
Balance sheet assets:
Cash and cash equivalents	270,473	200,942
Investment securities	637,513	754,468
Loans, net	993,935	1,004,682
Accrued interest receivable	7,790	8,297
Total	1,909,711	1,968,389
Balance sheet liabilities:
Deposits	1,191,434	1,257,217
Accounts and drafts payable	1,021,524	1,067,600
Accrued interest payable	307	66
Total	$ 2,213,265	$ 2,324,883

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue, Performance Obligation [Abstract]
Fee revenues, in-scope of FASB ASC 606	$ 31,301	$ 30,230	$ 62,337	$ 60,227
Other income (out-of-scope of FASB ASC 606)	772	421	1,843	854
Total fee revenue and other income	32,073	30,651	64,180	61,081
Processing fees
Revenue, Performance Obligation [Abstract]
Fee revenues, in-scope of FASB ASC 606	19,386	19,184	38,899	38,220
Financial fees
Revenue, Performance Obligation [Abstract]
Fee revenues, in-scope of FASB ASC 606	11,662	10,623	22,921	21,155
Information services payment and processing revenue
Revenue, Performance Obligation [Abstract]
Fee revenues, in-scope of FASB ASC 606	31,048	29,807	61,820	59,375
Bank service fees
Revenue, Performance Obligation [Abstract]
Fee revenues, in-scope of FASB ASC 606	$ 253	$ 423	$ 517	$ 852

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Leases [Abstract]
Operating lease, liability	$ 8,993	$ 8,993
Operating lease, right-of-use asset	$ 8,600	$ 8,600
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating lease, cost	$ 345	$ 702
Short-term lease, cost	73	126
Variable lease, cost	$ 0	$ 0
Operating lease, weighted average remaining lease term	7 years 9 months 18 days	7 years 9 months 18 days
Operating lease, weighted average discount rate, percent	3.58%	3.58%

Leases - Schedule of Operating

Leases - Schedule of Operating Lease Maturity (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Lease payments due
Less than 1 year	$ 1,337
1-2 years	1,333
2-3 years	1,359
3-4 years	1,343
4-5 years	1,370
Over 5 years	3,531
Total undiscounted cash flows	10,273
Discount on cash flows	1,280
Total lease liability	$ 8,993