Bar Harbor Bankshares (BHB) 10-Q 7 Nov 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 01, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Entity File Number	001-13349
Entity Registrant Name	BAR HARBOR BANKSHARES
Entity Incorporation, State or Country Code	ME
Entity Tax Identification Number	01-0393663
Entity Address, Address Line One	PO Box 400
Entity Address, Address Line Two	82 Main Street
Entity Address, City or Town	Bar Harbor
Entity Address, State or Province	ME
Entity Address, Postal Zip Code	04609-0400
City Area Code	207
Local Phone Number	288-3314
Title of 12(b) Security	Common Stock, par value $2.00 per share
Trading Symbol	BHB
Security Exchange Name	NYSEAMER
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		15,155,971
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000743367
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Cash and cash equivalents:
Cash and due from banks	$ 41,210	$ 39,933
Interest-earning deposits with other banks	81,606	52,362
Total cash and cash equivalents	122,816	92,295
Securities:
Securities available for sale	509,453	559,516
Federal Home Loan Bank stock	14,834	14,893
Total securities	524,287	574,409
Loans held for sale	2,016
Loans:
Total loans	2,992,791	2,902,690
Less: Allowance for credit losses	(28,011)	(25,860)
Net loans	2,964,780	2,876,830
Premises and equipment, net	47,790	47,622
Goodwill	119,477	119,477
Other intangible assets	5,102	5,801
Cash surrender value of bank-owned life insurance	79,469	81,197
Deferred tax assets, net	28,328	24,443
Other assets	89,876	87,729
Total assets	3,983,941	3,909,803
Deposits:
Demand	618,421	676,350
NOW	929,481	900,730
Savings	572,271	664,514
Money market	361,839	478,398
Time	658,482	323,439
Total deposits	3,140,494	3,043,431
Borrowings:
Senior	307,070	333,957
Subordinated	60,422	60,289
Total borrowings	367,492	394,246
Other liabilities	71,747	78,676
Total liabilities	3,579,733	3,516,353
Shareholders' equity
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,155,971 shares and 15,082,688 shares at September 30, 2023 and December 31, 2022 respectively	32,857	32,857
Additional paid-in capital	192,673	191,922
Retained earnings	266,365	243,815
Accumulated other comprehensive loss	(71,400)	(58,340)
Less: 1,272,417 and 1,345,700 shares of treasury stock, at cost, at September 30, 2023 and December 31, 2022, respectively	(16,287)	(16,804)
Total shareholders' equity	404,208	393,450
Total liabilities and shareholders' equity	$ 3,983,941	$ 3,909,803

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Capital stock, par value (in dollars per share)	$ 2	$ 2
Capital stock, shares authorized (in shares)	20,000,000	20,000,000
Capital stock, shares issued (in shares)	16,428,388	16,428,388
Capital stock, shares outstanding (in shares)	15,155,971	15,082,688
Treasury stock (in shares)	1,272,417	1,345,700

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest and dividend income
Loans	$ 38,412	$ 27,940	$ 109,889	$ 75,192
Securities and other	6,723	5,145	18,478	13,178
Total interest and dividend income	45,135	33,085	128,367	88,370
Interest expense
Deposits	11,415	1,801	25,270	4,185
Borrowings	4,534	1,374	14,215	3,458
Total interest expense	15,949	3,175	39,485	7,643
Net interest income	29,186	29,910	88,882	80,727
Provision for credit losses	673	1,306	2,221	2,217
Net interest income after provision for credit losses	28,513	28,604	86,661	78,510
Non-interest income
Trust and investment management fee income	3,522	3,548	10,882	11,131
Customer service fees	3,926	3,836	11,377	11,108
Gain on sales of securities, net		44	34	53
Mortgage banking income	415	315	1,072	1,427
Bank-owned life insurance income	515	496	2,166	1,501
Customer derivative income	43	58	258	213
Other income	394	526	1,190	1,660
Total non-interest income	8,815	8,823	26,979	27,093
Non-interest expense
Salaries and employee benefits	13,011	12,242	39,005	35,757
Occupancy and equipment	4,469	4,458	13,275	13,254
(Gain) loss on sales of premises and equipment, net			(99)	(65)
Outside services	376	393	1,156	1,143
Professional services	436	421	1,217	1,122
Communication	170	204	507	617
Marketing	326	518	1,211	1,150
Amortization of intangible assets	233	233	699	699
Acquisition, conversion and other expenses		31	20	356
Provision for unfunded commitments	45	(26)	(85)	345
Other expenses	3,950	4,558	12,206	12,240
Total non-interest expense	23,016	23,032	69,112	66,618
Income before income taxes	14,312	14,395	44,528	38,985
Income tax expense	3,208	2,965	9,621	7,940
Net income	$ 11,104	$ 11,430	$ 34,907	$ 31,045
Earnings per share:
Basic (in dollars per share)	$ 0.73	$ 0.76	$ 2.31	$ 2.07
Diluted (in dollars per share)	$ 0.73	$ 0.76	$ 2.30	$ 2.06
Weighted average common shares outstanding:
Basic (in shares)	15,155,457	15,057,598	15,134,954	15,028,963
Diluted (in shares)	15,195,524	15,113,355	15,188,719	15,100,280

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 11,104	$ 11,430	$ 34,907	$ 31,045
Other comprehensive loss, before tax:
Changes in unrealized loss on securities available for sale	(14,586)	(26,933)	(14,637)	(79,186)
Changes in unrealized loss on hedging derivatives	(3,395)	(1,568)	(2,307)	(5,446)
Income taxes related to other comprehensive loss:
Changes in unrealized loss on securities available for sale	3,363	6,522	3,353	18,486
Changes in unrealized loss on hedging derivatives	782	361	531	1,254
Total other comprehensive loss	(13,836)	(21,618)	(13,060)	(64,892)
Total comprehensive (loss) income	$ (2,732)	$ (10,188)	$ 21,847	$ (33,847)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Common stock amount	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Total
Balance at beginning of period at Dec. 31, 2021	$ 32,857	$ 190,876	$ 215,592	$ 2,303	$ (17,481)	$ 424,147
Increase (Decrease) in Stockholders' Equity
Net income			19,615			19,615
Other comprehensive income (loss)				(43,274)		(43,274)
Cash dividends declared			(7,509)			(7,509)
Net issuance to employee stock plans, including related tax effects		376			148	524
Recognition of stock based compensation		94				94
Balance at end of period at Jun. 30, 2022	32,857	191,346	227,698	(40,971)	(17,333)	393,597
Balance at beginning of period at Dec. 31, 2021	32,857	190,876	215,592	2,303	(17,481)	424,147
Increase (Decrease) in Stockholders' Equity
Net income						31,045
Other comprehensive income (loss)				(64,892)		(64,892)
Balance at end of period at Sep. 30, 2022	32,857	191,438	235,218	(62,589)	(16,959)	379,965
Balance at beginning of period at Jun. 30, 2022	32,857	191,346	227,698	(40,971)	(17,333)	393,597
Increase (Decrease) in Stockholders' Equity
Net income			11,430			11,430
Other comprehensive income (loss)				(21,618)		(21,618)
Cash dividends declared			(3,910)			(3,910)
Net issuance to employee stock plans, including related tax effects		(530)			374	(156)
Recognition of stock based compensation		622				622
Balance at end of period at Sep. 30, 2022	32,857	191,438	235,218	(62,589)	(16,959)	379,965
Balance at beginning of period at Dec. 31, 2022	32,857	191,922	243,815	(58,340)	(16,804)	393,450
Increase (Decrease) in Stockholders' Equity
Net income			23,803			23,803
Other comprehensive income (loss)				776		776
Cash dividends declared			(8,148)			(8,148)
Net issuance to employee stock plans, including related tax effects		(264)			416	152
Recognition of stock based compensation		683				683
Balance at end of period at Jun. 30, 2023	32,857	192,341	259,470	(57,564)	(16,388)	410,716
Balance at beginning of period at Dec. 31, 2022	32,857	191,922	243,815	(58,340)	(16,804)	393,450
Increase (Decrease) in Stockholders' Equity
Net income						34,907
Other comprehensive income (loss)				(13,060)		(13,060)
Balance at end of period at Sep. 30, 2023	32,857	192,673	266,365	(71,400)	(16,287)	404,208
Balance at beginning of period at Jun. 30, 2023	32,857	192,341	259,470	(57,564)	(16,388)	410,716
Increase (Decrease) in Stockholders' Equity
Net income			11,104			11,104
Other comprehensive income (loss)				(13,836)		(13,836)
Cash dividends declared			(4,209)			(4,209)
Net issuance to employee stock plans, including related tax effects		(381)			101	(280)
Recognition of stock based compensation		713				713
Balance at end of period at Sep. 30, 2023	$ 32,857	$ 192,673	$ 266,365	$ (71,400)	$ (16,287)	$ 404,208

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares shares in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.28	$ 0.26	$ 0.54	$ 0.50
Net issuance (in shares)	11,813	39,523	61,470	24,768

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 34,907	$ 31,045
Adjustments to reconcile net income to net cash provided by operating activities:
Net change in loans held for sale	2,016	4,546
Provision for credit losses	2,221	2,217
Net amortization of securities	1,758	2,287
Change in unamortized net loan costs and premiums	73	353
Premises and equipment depreciation	3,136	3,186
Stock-based compensation expense	1,396	716
Amortization of other intangibles	699	699
Income from cash surrender value of bank-owned life insurance policies	(2,166)	(1,501)
Gain on sales of securities, net	(34)	(53)
Amortization of right-of-use lease assets	900	893
Decrease in lease liabilities	(879)	(851)
Gain on premises and equipment, net	(99)	(65)
Net change in other assets and liabilities	(12,702)	(4,384)
Net cash provided by operating activities	31,226	39,088
Cash flows from investing activities:
Proceeds from sales, maturities, calls and prepayments of securities available for sale	32,542	67,664
Purchases of securities available for sale	(1,000)	(99,294)
Net change in loans	(90,244)	(318,724)
Purchase of Federal Home Loan Bank stock	(15,059)	(2,924)
Proceeds from sale of Federal Home Loan Bank stock	15,118	1,273
Purchase of premises and equipment, net	(3,650)	(1,842)
Proceeds from death benefit of bank-owned life insurance policy	3,904
Net cash used in investing activities	(58,389)	(353,847)
Cash flows from financing activities:
Net change in deposits	97,063	87,136
Net change in short-term borrowings	(26,880)	91,364
Repayments of long-term borrowings	(14)	(21,014)
Net issuance to employee stock plans	(128)	368
Cash dividends paid on common stock	(12,357)	(11,419)
Net cash provided by financing activities	57,684	146,435
Net change in cash and cash equivalents	30,521	(168,324)
Cash and cash equivalents at beginning of year	92,295	250,389
Cash and cash equivalents at end of period	122,816	82,065
Supplemental cash flow information:
Interest paid	36,298	7,028
Income taxes paid, net	$ 12,228	$ 6,781

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2023
BASIS OF PRESENTATION
BASIS OF PRESENTATION	​ NOTE 1. BASIS OF PRESENTATION ​ The consolidated financial statements (unaudited) (the “financial statements”) of Bar Harbor Bankshares and its subsidiaries (the “Company,” “we,” “our,” “us” or similar terms) have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company is a Maine Financial Institution Holding Company for the purposes of the laws of the State of Maine, and as such is subject to the jurisdiction of the Superintendent of the Maine Bureau of Financial Institutions. These financial statements include our accounts, the accounts of our wholly owned subsidiary Bar Harbor Bank & Trust (the “Bank”) and the Bank’s consolidated subsidiaries. The results of operations of companies or assets acquired are included only from the dates of acquisition. All material wholly owned and majority owned subsidiaries are consolidated unless GAAP requires otherwise. ​ In addition, these interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X, and accordingly, certain information and footnote disclosures normally included in financial statements prepared according to GAAP have been omitted. ​ The results for any interim period are not necessarily indicative of results for the full year. The consolidated financial statements should be read in conjunction with the audited financial statements and note disclosures in the Form 10-K previously filed with the Securities and Exchange Commission (the "SEC"). In management's opinion, all adjustments necessary for a fair statement are reflected in the interim periods presented. ​ Reclassifications: ​ Goodwill assessment: ​ Goodwill represents the excess of the purchase price over the fair value of net assets acquired in accordance with the purchase method of accounting for business combinations. Goodwill is not amortized but, instead, is subject to impairment tests on at least an annual basis, or more frequently, if an event occurs or circumstances change that reduce the fair value of a reporting unit below its carrying amount. The impairment testing process is conducted by assigning assets and goodwill to each reporting unit. Currently, our goodwill is evaluated at the entity level as there is only one reporting unit. Management, at our discretion, assesses certain qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value. An impairment charge is recognized if the carrying fair value of goodwill exceeds the implied fair value of goodwill. ​ During the nine months ended September 30, 2023, the economic uncertainty and market volatility resulting from the rising interest rate environment and the recent banking crisis resulted in a decrease in the Company's stock price and market capitalization. In the fourth quarter of 2023, management completed its annual goodwill impairment testing using balance sheet and market data as of September 30, 2023. The Analysis was performed at the consolidated Bank level of the Company, which is considered the smallest reporting unit carrying goodwill. Based on an analysis performed, the Company's estimated fair value to a market participant as of September 30, 2023, exceeded its carrying amount resulting in no impairment charge for the period. Management evaluated current conditions and concluded there have been no significant changes in the economic environment or future projections and therefore, believes that there has been no further decline in the Company's fair value as of September 30, 2023. Management will continue to evaluate the economic conditions at future reporting periods for applicable changes. ​ Recent Accounting Pronouncements ​ The following table provides a brief description of recent accounting standards updates (“ASU”) that could have a material impact to the Company’s consolidated financial statements upon adoption: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Standard Description Required Date of Adoption Effect on financial statements Standards Adopted in 2023 ​ ​ ​ ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings ("TDRs") and Vintage Disclosures ​ ​ The amendments in this update eliminate TDR recognition and measurement guidance and, instead, require that an entity evaluate (consistent with the accounting for other loan modifications) whether the modification represents a new loan or a continuation of an exisiting loan. The amendments enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. ​ ​ January 1, 2023 ​ ​ The adoption of this ASU did not have a material impact on our consolidated financial statements. Standards Not Yet Adopted ​ ​ ​ ASU 2023-02 Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method ​ ​ The amendments in this update permit reporting entities to elect to account for their tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. ​ ​ December 15, 2023, including interim periods within the fiscal year ​ ​ We do not expect adoption of this ASU to have a material impact on our consolidated financial statements. ​

SECURITIES AVAILABLE FOR SALE

SECURITIES AVAILABLE FOR SALE	9 Months Ended
	Sep. 30, 2023
SECURITIES AVAILABLE FOR SALE
SECURITIES AVAILABLE FOR SALE	​ NOTE 2. SECURITIES AVAILABLE FOR SALE ​ The following is a summary of securities available for sale (“AFS”): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ (in thousands) Amortized Cost Gains Losses Fair Value September 30, 2023 ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 2,218 ​ $ 1 ​ $ (40) ​ $ 2,179 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 230,746 ​ ​ 2 ​ ​ (41,025) ​ ​ 189,723 US Government agency ​ 84,324 ​ — ​ (13,890) ​ 70,434 Private label ​ 61,235 ​ 23 ​ (2,413) ​ 58,845 Obligations of states and political subdivisions thereof ​ 115,908 ​ 9,305 ​ (27,805) ​ 97,408 Corporate bonds ​ 101,491 ​ 31 ​ (10,658) ​ 90,864 Total securities available for sale ​ $ 595,922 ​ $ 9,362 ​ $ (95,831) ​ $ 509,453 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ (in thousands) Amortized Cost Gains Losses Fair Value December 31, 2022 ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 2,692 ​ $ 5 ​ $ (37) ​ $ 2,660 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 249,838 ​ ​ 14 ​ ​ (34,825) ​ ​ 215,027 US Government agency ​ 90,318 ​ 16 ​ (10,728) ​ 79,606 Private label ​ 64,056 ​ 34 ​ (3,936) ​ 60,154 Obligations of states and political subdivisions thereof ​ 121,939 ​ 7,149 ​ (21,351) ​ 107,737 Corporate bonds ​ 102,505 ​ 33 ​ (8,206) ​ 94,332 Total securities available for sale ​ $ 631,348 ​ $ 7,251 ​ $ (79,083) ​ $ 559,516 ​ Credit Quality Information We monitor the credit quality of available for sale debt securities through credit ratings from various rating agencies and substantial price changes. In an effort to make informed decisions, we utilize credit ratings that express opinions about the credit quality of a security. Securities are triggered for further review in the quarter if the security has significant fluctuations in ratings, drops below investment-grade, or significant pricing changes. For securities without credit ratings, we utilize other financial information indicating the financial health of the underlying municipality, agency, or organization associated with the underlying security. ​ As of September 30, 2023 and December 31, 2022, we carried no allowance on available for sale debt securities in accordance with ASC 326, Measurement of Credit Losses on Financial Instruments. ​ The amortized cost and estimated fair value of available for sale securities segregated by contractual maturity at September 30, 2023 are presented below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Mortgage-backed securities and collateralized mortgage obligations are shown in total, as their maturities are highly variable. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for sale (in thousands) Amortized Cost Fair Value Within 1 year $ 3,051 ​ $ 3,022 Over 1 year to 5 years ​ 36,218 ​ 33,257 Over 5 years to 10 years ​ 51,635 ​ 54,313 Over 10 years ​ 128,713 ​ 99,859 Total bonds and obligations ​ 219,617 ​ 190,451 Mortgage-backed securities and collateralized mortgage obligations ​ 376,305 ​ 319,002 Total securities available for sale ​ $ 595,922 ​ $ 509,453 ​ ​ ​ The following table presents the gains and losses from the sale of AFS securities for the periods presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) 2023 2022 2023 2022 Gross gains on sales of available for sale securities ​ $ — ​ $ 142 ​ $ 34 ​ $ 151 ​ Gross losses on sales of available for sale securities ​ — ​ (98) ​ — ​ (98) ​ Net gains on sale of available for sale securities ​ $ — ​ $ 44 ​ $ 34 ​ $ 53 ​ ​ Securities with unrealized losses, segregated by the duration of their continuous unrealized loss positions, are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than Twelve Months ​ Over Twelve Months ​ Total ​ ​ Gross ​ ​ Gross ​ ​ Gross ​ ​ ​ ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair (in thousands) Losses Value Losses Value Losses Value September 30, 2023 ​ ​ ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 8 ​ $ 40 ​ $ 930 ​ $ 40 ​ $ 938 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 154 ​ ​ 4,373 ​ ​ 40,871 ​ ​ 184,991 ​ ​ 41,025 ​ ​ 189,364 US Government agency ​ 43 ​ 2,627 ​ 13,847 ​ 67,729 ​ 13,890 ​ 70,356 Private label ​ 1 ​ 25 ​ 2,412 ​ 58,797 ​ 2,413 ​ 58,822 Obligations of states and political subdivisions thereof ​ 571 ​ 7,386 ​ 27,234 ​ 88,571 ​ 27,805 ​ 95,957 Corporate bonds ​ 1,079 ​ 6,921 ​ 9,579 ​ 80,918 ​ 10,658 ​ 87,839 Total securities available for sale ​ $ 1,848 ​ $ 21,340 ​ $ 93,983 ​ $ 481,936 ​ $ 95,831 ​ $ 503,276 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than Twelve Months ​ Over Twelve Months ​ Total ​ Gross ​ ​ Gross ​ ​ Gross ​ ​ ​ ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair (in thousands) ​ Losses ​ Value ​ Losses ​ Value ​ Losses ​ Value December 31, 2022 ​ ​ ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 32 ​ $ 435 ​ $ 6 ​ $ 790 ​ $ 38 ​ $ 1,225 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 7,005 ​ ​ 82,483 ​ ​ 27,820 ​ ​ 127,745 ​ ​ 34,825 ​ ​ 210,228 US Government agency ​ 2,870 ​ 42,430 ​ 7,857 ​ 34,198 ​ 10,727 ​ 76,628 Private label ​ 841 ​ 15,694 ​ 3,095 ​ 44,396 ​ 3,936 ​ 60,090 Obligations of states and political subdivisions thereof ​ 7,990 ​ 48,799 ​ 13,361 ​ 55,702 ​ 21,351 ​ 104,501 Corporate bonds ​ 4,733 ​ 65,279 ​ 3,473 ​ 25,027 ​ 8,206 ​ 90,306 Total securities available for sale ​ $ 23,471 ​ $ 255,120 ​ $ 55,612 ​ $ 287,858 ​ $ 79,083 ​ $ 542,978 ​ We expect to recover the amortized cost basis on all securities in our AFS portfolio. Furthermore, we do not intend to sell nor do we anticipate that we will be required to sell any securities in an unrealized loss position as of September 30, 2023, prior to this recovery. Our ability and intent to hold these securities until recovery is supported by our capital and liquidity positions as well as historically low portfolio turnover. ​ The following summarizes, by investment security type, the impact of securities in an unrealized loss position at September 30, 2023: ​ Obligations of US Government-sponsored enterprises ​ 7 out of the total 8 securities in our portfolio of AFS obligations of US Government-sponsored enterprises were in unrealized loss positions. Aggregate unrealized losses represented 4.09% of the amortized cost of securities in unrealized loss positions. The US Small Business Administration guarantees the contractual cash flows of all of our obligations of US Government-sponsored enterprises. The securities are investment-grade rated and there were no material underlying credit downgrades during the quarter. ​ US Government-sponsored enterprises ​ 492 out of the total 499 securities in our portfolio of AFS US Government-sponsored enterprises were in unrealized loss positions. Aggregate unrealized losses represented 17.81% of the amortized cost of securities in unrealized loss positions. The Federal National Mortgage Association and Federal Home Loan Mortgage Corporation guarantee the contractual cash flows of all of our US Government-sponsored enterprises. The securities are investment-grade rated and there were no material underlying credit downgrades during the quarter. ​ US Government agency ​ 147 out of the total 150 securities in our portfolio of AFS US Government agency securities were in unrealized loss positions. Aggregate unrealized losses represented 16.49% of the amortized cost of securities in unrealized loss positions. The Government National Mortgage Association guarantees the contractual cash flows of all of our US Government agency securities. The securities are investment-grade rated and there were no material underlying credit downgrades during the quarter. ​ Private label ​ 26 of the total 28 securities in our portfolio of AFS private label mortgage-backed securities were in unrealized loss positions. Aggregate unrealized losses represented 3.94% of the amortized cost of securities in unrealized loss positions. We expect to receive all of the future contractual cash flows related to the amortized cost on these securities. ​ Obligations of states and political subdivisions thereof ​ 66 of the total 70 securities in our portfolio of AFS municipal bonds and obligations were in unrealized loss positions. Aggregate unrealized losses represented 24.29% of the amortized cost of securities in unrealized loss positions. We continually monitor the municipal bond sector of the market carefully and periodically evaluate the appropriate level of exposure to the market. At this time, we think the bonds in this portfolio carry minimal risk of default, and we are appropriately compensated for the risk. There were no material underlying credit downgrades during the quarter. ​ Corporate bonds ​ 30 out of the total 33 securities in our portfolio of AFS corporate bonds were in an unrealized loss position. The aggregate unrealized loss represents 10.82% of the amortized cost of bonds in unrealized loss positions. We review the financial strength of all of these bonds, and we have concluded that the amortized cost remains supported by the expected future cash flows of these securities. The most recent review includes all bond issuers and their current credit ratings, financial performance and capitalization.

LOANS AND ALLOWANCE FOR CREDIT

LOANS AND ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
LOANS AND ALLOWANCE FOR CREDIT LOSSES	NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES ​ We evaluate risk characteristics of loans based on regulatory call report code with segmentation based on the underlying collateral for certain loan types. The following is a summary of total loans based on regulatory call report code segmentation for certain loan types: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, (in thousands) 2023 2022 Commercial construction ​ $ 147,423 ​ $ 117,577 Commercial real estate owner occupied ​ 282,717 ​ 244,814 Commercial real estate non-owner occupied ​ 1,168,877 ​ 1,146,674 Tax exempt ​ 44,247 ​ 42,879 Commercial and industrial ​ 306,279 ​ 297,112 Residential real estate ​ 947,339 ​ 954,968 Home equity ​ 88,064 ​ 90,865 Consumer other ​ 7,845 ​ 7,801 Total loans ​ 2,992,791 ​ 2,902,690 Allowance for credit losses ​ 28,011 ​ 25,860 Net loans ​ $ 2,964,780 ​ $ 2,876,830 ​ Total unamortized net costs and premiums included in loan totals were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, (in thousands) 2023 2022 Net unamortized loan origination costs ​ $ 2,793 ​ $ 3,184 Net unamortized fair value discount on acquired loans ​ (3,042) ​ (3,506) Total ​ $ (249) ​ $ (322) ​ We exclude accrued interest receivable from the amortized cost basis of loans disclosed throughout this footnote. As of September 30, 2023 and December 31, 2022, accrued interest receivable for loans totaled $11.0 million and $10.7 million, respectively, and is included in the “other assets” line item on the consolidated balance sheets. ​ Characteristics of each loan portfolio segment are as follows: ​ Commercial construction ​ Commercial real estate owner occupied and non-owner occupied ​ Tax Exempt ​ Commercial and industrial loans ​ Residential real estate ​ Home equity - ​ Consumer other ​ Allowance for Credit Losses The Allowance for Credit Losses (“ACL”) is comprised of the allowance for loan losses and the allowance for unfunded commitments which is accounted for as a separate liability in other liabilities on our consolidated balance sheet. The level of the ACL represents management’s estimate of expected credit losses over the expected life of the loans at the consolidated balance sheet date. ​ The ACL is a valuation account that is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged off against the allowance when they are deemed uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged off. The ACL is comprised of reserves measured on a collective (pool) basis based on a lifetime loss-rate model when similar risk characteristics exist. Loans that do not share risk characteristics are evaluated on an individual basis, generally larger non-accruing commercial loans. ​ ​ ​ ​ ​ ​ The activity in the ACL for the periods ended are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Three Months Ended September 30, 2023 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 3,377 ​ $ — ​ $ — ​ $ 300 ​ $ 3,677 Commercial real estate owner occupied ​ 2,566 ​ — ​ — ​ (81) ​ 2,485 Commercial real estate non-owner occupied ​ 9,481 ​ — ​ — ​ 72 ​ 9,553 Tax exempt ​ 101 ​ — ​ — ​ (5) ​ 96 Commercial and industrial ​ 3,613 ​ — ​ 34 ​ 558 ​ 4,205 Residential real estate ​ 7,376 ​ — ​ 13 ​ (243) ​ 7,146 Home equity ​ 768 ​ — ​ 1 ​ (4) ​ 765 Consumer other ​ 80 ​ (74) ​ 2 ​ 76 ​ 84 Total ​ $ 27,362 ​ $ (74) ​ $ 50 ​ $ 673 ​ $ 28,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Nine Months Ended September 30, 2023 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 2,579 ​ $ — ​ $ — ​ $ 1,098 ​ $ 3,677 Commercial real estate owner occupied ​ 2,189 ​ — ​ 142 ​ 154 ​ 2,485 Commercial real estate non-owner occupied ​ 9,341 ​ — ​ — ​ 212 ​ 9,553 Tax exempt ​ 93 ​ — ​ — ​ 3 ​ 96 Commercial and industrial ​ 3,493 ​ (122) ​ 86 ​ 748 ​ 4,205 Residential real estate ​ 7,274 ​ (8) ​ 28 ​ (148) ​ 7,146 Home equity ​ 811 ​ (12) ​ 5 ​ (39) ​ 765 Consumer other ​ 80 ​ (199) ​ 10 ​ 193 ​ 84 Total ​ $ 25,860 ​ $ (341) ​ $ 271 ​ $ 2,221 ​ $ 28,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Three Months Ended September 30, 2022 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 1,010 ​ $ — ​ $ — ​ $ 213 ​ $ 1,223 Commercial real estate owner occupied ​ 2,722 ​ — ​ 7 ​ 132 ​ 2,861 Commercial real estate non-owner occupied ​ 7,361 ​ — ​ — ​ 610 ​ 7,971 Tax exempt ​ 105 ​ — ​ — ​ (11) ​ 94 Commercial and industrial ​ 4,820 ​ (8) ​ 20 ​ 290 ​ 5,122 Residential real estate ​ 6,806 ​ (11) ​ 6 ​ 85 ​ 6,886 Home equity ​ 865 ​ — ​ 2 ​ (76) ​ 791 Consumer other ​ 67 ​ (66) ​ 6 ​ 63 ​ 70 Total ​ $ 23,756 ​ $ (85) ​ $ 41 ​ $ 1,306 ​ $ 25,018 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Nine Months Ended Septembere 30, 2022 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 2,111 ​ $ — ​ $ — ​ $ (888) ​ $ 1,223 Commercial real estate owner occupied ​ 2,751 ​ — ​ 120 ​ (10) ​ 2,861 Commercial real estate non-owner occupied ​ 5,650 ​ — ​ — ​ 2,321 ​ 7,971 Tax exempt ​ 86 ​ — ​ — ​ 8 ​ 94 Commercial and industrial ​ 5,369 ​ (14) ​ ​ 56 ​ (289) ​ 5,122 Residential real estate ​ 5,862 ​ (26) ​ 103 ​ 947 ​ 6,886 Home equity ​ 814 ​ (6) ​ 22 ​ (39) ​ 791 Consumer other ​ 75 ​ (181) ​ 9 ​ 167 ​ 70 Total ​ $ 22,718 ​ $ (227) ​ $ 310 ​ $ 2,217 ​ $ 25,018 ​ Unfunded Commitments ​ The ACL on unfunded commitments is recognized as a liability (other liabilities on the consolidated balance sheet), with adjustments to the reserve recognized in other non-interest expense in the consolidated statement of operations. The activity in the ACL on unfunded commitments for the periods ended was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Beginning Balance ​ $ 3,780 ​ $ 3,910 ​ $ 2,523 ​ $ 2,152 Provision for credit losses ​ 44 ​ (86) ​ (26) ​ 345 Ending Balance ​ $ 3,824 ​ $ 3,824 ​ $ 2,497 ​ $ 2,497 ​ ​ Loan Origination/Risk Management: ​ Credit Quality Indicators: ​ The following are the definitions of our credit quality indicators: ​ Pass: ​ Special Mention: conditions which may, in the future, affect the obligor may warrant special mention of the asset. Loans for which an adverse trend in the borrower's operations or an imbalanced position in the balance sheet which has not reached a point where the liquidation is jeopardized may be included in this classification. Special mention loans are not adversely classified and do not expose us to sufficient risks to warrant classification. ​ Substandard: ​ Doubtful: ​ Loss: ​ The following table presents our loans by year of origination, loan segmentation and risk indicator as of September 30, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 6,693 ​ $ 94,911 ​ $ 40,320 ​ $ 4,567 ​ $ — ​ $ 932 ​ $ 147,423 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 6,693 ​ $ 94,911 ​ $ 40,320 ​ $ 4,567 ​ $ — ​ $ 932 ​ $ 147,423 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 47,571 ​ $ 52,647 ​ $ 30,018 ​ $ 20,830 ​ $ 22,548 ​ $ 93,129 ​ $ 266,743 Special mention ​ — ​ — ​ 7,486 ​ 1,634 ​ — ​ 3,127 ​ 12,247 Substandard ​ — ​ — ​ — ​ — ​ — ​ 3,603 ​ 3,603 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 124 ​ ​ 124 Total ​ $ 47,571 ​ $ 52,647 ​ $ 37,504 ​ $ 22,464 ​ $ 22,548 ​ $ 99,983 ​ $ 282,717 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate non-owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 32,985 ​ $ 348,087 ​ $ 213,568 ​ $ 135,429 ​ $ 80,171 ​ $ 270,271 ​ $ 1,080,511 Special mention ​ 7,835 ​ — ​ 13,516 ​ 28,146 ​ 15,750 ​ 8,774 ​ 74,021 Substandard ​ — ​ — ​ — ​ — ​ — ​ 14,214 ​ 14,214 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 131 ​ ​ 131 Total ​ $ 40,820 ​ $ 348,087 ​ $ 227,084 ​ $ 163,575 ​ $ 95,921 ​ $ 293,390 ​ $ 1,168,877 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax exempt ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,672 ​ $ 12,128 ​ $ 812 ​ $ 209 ​ $ 597 ​ $ 27,829 ​ $ 44,247 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 2,672 ​ $ 12,128 ​ $ 812 ​ $ 209 ​ $ 597 ​ $ 27,829 ​ $ 44,247 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 57,318 ​ $ 77,033 ​ $ 23,295 ​ $ 41,034 ​ $ 17,732 ​ $ 81,740 ​ $ 298,152 Special mention ​ 374 ​ 1,306 ​ — ​ 7 ​ 35 ​ 3,746 ​ 5,468 Substandard ​ 59 ​ 99 ​ 191 ​ 117 ​ 105 ​ 611 ​ 1,182 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 88 ​ ​ 1,389 ​ ​ 1,477 Total ​ $ 57,751 ​ $ 78,438 ​ $ 23,486 ​ $ 41,158 ​ $ 17,960 ​ $ 87,486 ​ $ 306,279 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 117 ​ ​ 122 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Total Residential real estate ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 58,083 ​ $ 196,017 ​ $ 168,614 ​ $ 98,218 ​ $ 64,181 ​ $ 358,368 ​ $ 943,481 Nonperforming ​ — ​ — ​ 42 ​ — ​ 238 ​ 3,578 ​ 3,858 Total ​ $ 58,083 ​ $ 196,017 ​ $ 168,656 ​ $ 98,218 ​ $ 64,419 ​ $ 361,946 ​ $ 947,339 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 8 ​ ​ 8 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 10,163 ​ $ 16,491 ​ $ 8,886 ​ $ 6,634 ​ $ 4,775 ​ $ 40,489 ​ $ 87,438 Nonperforming ​ — ​ — ​ — ​ — ​ — ​ 626 ​ 626 Total ​ $ 10,163 ​ $ 16,491 ​ $ 8,886 ​ $ 6,634 ​ $ 4,775 ​ $ 41,115 ​ $ 88,064 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 12 ​ ​ 12 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer other ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 3,556 ​ $ 2,061 ​ $ 836 ​ $ 419 ​ $ 72 ​ $ 892 ​ $ 7,836 Nonperforming ​ — ​ — ​ 4 ​ 5 ​ — ​ — ​ 9 Total ​ $ 3,556 ​ $ 2,061 ​ $ 840 ​ $ 424 ​ $ 72 ​ $ 892 ​ $ 7,845 Current period gross write-offs ​ ​ — ​ ​ 52 ​ ​ 8 ​ ​ 2 ​ ​ — ​ ​ 136 ​ ​ 198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ $ 227,309 ​ $ 800,780 ​ $ 507,588 ​ $ 337,249 ​ $ 206,292 ​ $ 913,573 ​ $ 2,992,791 ​ ​ The following table presents our loans by year of origination, loan segmentation and risk indicator as of December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ 2018 ​ Prior ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 49,722 ​ $ 38,837 ​ $ 2,865 ​ $ 1,011 ​ $ 964 ​ $ — ​ $ 93,399 Special mention ​ — ​ — ​ 24,178 ​ — ​ — ​ — ​ 24,178 Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 49,722 ​ $ 38,837 ​ $ 27,043 ​ $ 1,011 ​ $ 964 ​ $ — ​ $ 117,577 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 22,371 ​ $ 11,290 ​ $ 23,014 ​ $ 31,352 ​ $ 46,398 ​ $ 103,295 ​ $ 237,720 Special mention ​ — ​ — ​ 243 ​ 666 ​ 173 ​ 1,870 ​ 2,952 Substandard ​ — ​ — ​ — ​ — ​ 77 ​ 3,924 ​ 4,001 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 141 ​ ​ 141 Total ​ $ 22,371 ​ $ 11,290 ​ $ 23,257 ​ $ 32,018 ​ $ 46,648 ​ $ 109,230 ​ $ 244,814 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate non-owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 370,856 ​ $ 228,414 ​ $ 145,096 ​ $ 88,111 ​ $ 35,213 ​ $ 238,395 ​ $ 1,106,085 Special mention ​ — ​ 21,390 ​ — ​ 127 ​ 911 ​ 16,612 ​ 39,040 Substandard ​ — ​ — ​ — ​ — ​ — ​ 1,404 ​ 1,404 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 145 ​ ​ 145 Total ​ $ 370,856 ​ $ 249,804 ​ $ 145,096 ​ $ 88,238 ​ $ 36,124 ​ $ 256,556 ​ $ 1,146,674 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax exempt ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 8,686 ​ $ 1,020 ​ $ 252 ​ $ 772 ​ $ 13,231 ​ $ 18,918 ​ $ 42,879 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 8,686 ​ $ 1,020 ​ $ 252 ​ $ 772 ​ $ 13,231 ​ $ 18,918 ​ $ 42,879 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 83,151 ​ $ 26,948 ​ $ 62,835 ​ $ 27,491 ​ $ 9,511 ​ $ 81,316 ​ $ 291,252 Special mention ​ 1,450 ​ — ​ 53 ​ 803 ​ 201 ​ 619 ​ 3,126 Substandard ​ — ​ 113 ​ 111 ​ 65 ​ 299 ​ 2,106 ​ 2,694 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 40 ​ ​ 40 Total ​ $ 84,601 ​ $ 27,061 ​ $ 62,999 ​ $ 28,359 ​ $ 10,011 ​ $ 84,081 ​ $ 297,112 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ 2018 ​ Prior ​ Total Residential real estate ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 195,320 ​ $ 177,480 ​ $ 111,021 ​ $ 69,170 ​ $ 47,797 ​ $ 349,795 ​ $ 950,583 Nonperforming ​ — ​ 45 ​ — ​ 49 ​ 641 ​ 3,650 ​ 4,385 Total ​ $ 195,320 ​ $ 177,525 ​ $ 111,021 ​ $ 69,219 ​ $ 48,438 ​ $ 353,445 ​ $ 954,968 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 17,107 ​ $ 10,638 ​ $ 8,139 ​ $ 6,830 ​ $ 6,997 ​ $ 40,191 ​ $ 89,902 Nonperforming ​ — ​ — ​ — ​ — ​ — ​ 963 ​ 963 Total ​ $ 17,107 ​ $ 10,638 ​ $ 8,139 ​ $ 6,830 ​ $ 6,997 ​ $ 41,154 ​ $ 90,865 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer other ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 4,321 ​ $ 1,341 ​ $ 863 ​ $ 265 ​ $ 64 ​ $ 942 ​ $ 7,796 Nonperforming ​ — ​ — ​ 5 ​ — ​ — ​ — ​ 5 Total ​ $ 4,321 ​ $ 1,341 ​ $ 868 ​ $ 265 ​ $ 64 ​ $ 942 ​ $ 7,801 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ $ 752,984 ​ $ 517,516 ​ $ 378,675 ​ $ 226,712 ​ $ 162,477 ​ $ 864,326 ​ $ 2,902,690 ​ ​ Past Dues ​ The following is a summary of past due loans for the periods ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 147,423 ​ $ 147,423 Commercial real estate owner occupied ​ 246 ​ — ​ — ​ 246 ​ 282,471 ​ 282,717 Commercial real estate non-owner occupied ​ — ​ 115 ​ 871 ​ 986 ​ 1,167,891 ​ 1,168,877 Tax exempt ​ — ​ — ​ — ​ — ​ 44,247 ​ 44,247 Commercial and industrial ​ 45 ​ — ​ 158 ​ 203 ​ 306,076 ​ 306,279 Residential real estate ​ 2,227 ​ 690 ​ 2,103 ​ 5,020 ​ 942,319 ​ 947,339 Home equity ​ 479 ​ 99 ​ 195 ​ 773 ​ 87,291 ​ 88,064 Consumer other ​ 22 ​ 8 ​ 3 ​ 33 ​ 7,812 ​ 7,845 Total ​ $ 3,019 ​ $ 912 ​ $ 3,330 ​ $ 7,261 ​ $ 2,985,530 ​ $ 2,992,791 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 117,577 ​ $ 117,577 Commercial real estate owner occupied ​ 385 ​ — ​ — ​ 385 ​ 244,429 ​ 244,814 Commercial real estate non-owner occupied ​ 45 ​ 145 ​ 139 ​ 329 ​ 1,146,345 ​ 1,146,674 Tax exempt ​ — ​ — ​ — ​ — ​ 42,879 ​ 42,879 Commercial and industrial ​ 169 ​ — ​ 9 ​ 178 ​ 296,934 ​ 297,112 Residential real estate ​ 803 ​ 348 ​ 2,029 ​ 3,180 ​ 951,788 ​ 954,968 Home equity ​ 216 ​ 160 ​ 246 ​ 622 ​ 90,243 ​ 90,865 Consumer other ​ 41 ​ 8 ​ — ​ 49 ​ 7,752 ​ 7,801 Total ​ $ 1,659 ​ $ 661 ​ $ 2,423 ​ $ 4,743 ​ $ 2,897,947 ​ $ 2,902,690 ​ Non-Accrual Loans ​ The following is a summary of non-accrual loans for the periods ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ ​ Nonaccrual With No ​ 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 111 ​ 108 ​ — Commercial real estate non-owner occupied ​ 570 ​ 449 ​ 749 Tax exempt ​ — ​ — ​ — Commercial and industrial ​ 1,596 ​ 8 ​ — Residential real estate ​ 3,858 ​ 1,299 ​ 159 Home equity ​ 626 ​ 1 ​ 51 Consumer other ​ 9 ​ — ​ — Total ​ $ 6,770 ​ $ 1,865 ​ $ 959 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ Nonaccrual With No ​ 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 439 ​ 360 ​ — Commercial real estate non-owner occupied ​ 550 ​ 411 ​ — Tax exempt ​ — ​ — ​ — Commercial and industrial ​ 207 ​ 145 ​ — Residential real estate ​ 4,385 ​ 1,361 ​ 202 Home equity ​ 963 ​ 57 ​ 14 Consumer other ​ 5 ​ — ​ — Total ​ $ 6,549 ​ $ 2,334 ​ $ 216 ​ ​ Collateral Dependent Loans Loans that do not share risk characteristics are evaluated on an individual basis. For loans that are individually evaluated and collateral dependent, financial loans where we have determined that foreclosure of the collateral is probable, or where the borrower is experiencing financial difficulty and we expect repayment of the financial asset to be provided substantially through the operation or sale of the collateral, the ACL is measured based on the difference between the fair value of the collateral and the amortized cost basis of the asset as of the measurement date. ​ The following table presents the amortized cost basis of collateral-dependent loans by loan portfolio segment for the periods ended. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 (in thousands) Real Estate Other Real Estate Other Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 111 ​ — ​ 439 ​ — Commercial real estate non-owner occupied ​ 570 ​ — ​ 550 ​ — Tax exempt ​ — ​ — ​ — ​ — Commercial and industrial ​ 258 ​ 1,338 ​ 91 ​ 116 Residential real estate ​ 3,858 ​ — ​ 4,385 ​ — Home equity ​ 626 ​ — ​ 963 ​ — Consumer other ​ 9 ​ — ​ 5 ​ — Total ​ $ 5,432 ​ $ 1,338 ​ $ 6,433 ​ $ 116 ​ Loan Modifications to Borrowers Experiencing Financial Difficulty In January 2023, the Company adopted ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” which eliminated the accounting guidance for TDRs while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. This guidance was applied on a prospective basis. Upon adoption of this guidance, we are no longer required to establish a specific reserve for modifications to borrowers experiencing financial difficulty. Instead, these modifications are included in their respective category and a historical loss rate is applied to the current loan balance to arrive at the quantitative baseline portion of the ACL. ​ These modifications typically result from loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance, or other actions. There were no qualifying modifications for the three and nine months ended September 30, 2022. ​ The following table presents the amortized cost basis of loans that were both experiencing financial difficulty and modified during the three and nine months ended September 30, 2023, by class and by type of modification. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Principal Forgiveness ​ Payment Delay ​ Term Extension ​ Interest Rate Reduction ​ Combination Interest Rate Reduction and Term Extension ​ % of Total Class of Loans Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ — % Commercial real estate owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial real estate non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Tax exempt ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial and industrial ​ — ​ 66 ​ — ​ — ​ — ​ 0.02 ​ Residential real estate ​ — ​ — ​ — ​ — ​ — ​ — ​ Home equity ​ — ​ — ​ — ​ — ​ — ​ — ​ Consumer other ​ — ​ — ​ — ​ — ​ — ​ — ​ Total ​ $ — ​ $ 66 ​ $ — ​ $ — ​ $ — ​ 0.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ — % Commercial real estate owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial real estate non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Tax exempt ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial and industrial ​ — ​ 66 ​ 1,387 ​ — ​ — ​ 0.47 ​ Residential real estate ​ — ​ — ​ — ​ 100 ​ — ​ 0.01 ​ Home equity ​ — ​ — ​ — ​ — ​ — ​ — ​ Consumer other ​ — ​ — ​ — ​ — ​ — ​ — ​ Total ​ $ — ​ $ 66 ​ $ 1,387 ​ $ 100 ​ $ — ​ 0.05 % ​ ​ The following table presents the financial effect of loan modifications made to borrowers experiencing financial difficulty during the three and nine months ended September 30, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Weighted-Average Months of Payment Delay ​ Weighted-Average Months of Term Extension ​ ​ Weighted-Average Interest Rate Reduction Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ ​ — ​ ​ — ​ ​ — % Commercial real estate owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Commercial real estate non-owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Tax exempt ​ ​ — ​ ​ — ​ ​ — ​ Commercial and industrial ​ ​ 3.00 ​ ​ 3.82 ​ ​ 3.75 ​ Residential real estate ​ ​ — ​ ​ — ​ ​ 1.38 ​ Home equity ​ ​ — ​ ​ — ​ ​ — ​ Consumer other ​ ​ — ​ ​ — ​ ​ — ​ Total ​ ​ 3.00 ​ ​ 3.82 ​ ​ 5.13 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ ​ — ​ ​ — ​ ​ — % Commercial real estate owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Commercial real estate non-owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Tax exempt ​ ​ — ​ ​ — ​ ​ — ​ Commercial and industrial ​ ​ 3.00 ​ ​ 3.82 ​ ​ 3.75 ​ Residential real estate ​ ​ — ​ ​ — ​ ​ 1.38 ​ Home equity ​ ​ — ​ ​ — ​ ​ — ​ Consumer other ​ ​ — ​ ​ — ​ ​ — ​ Total ​ ​ 3.00 ​ ​ 3.82 ​ ​ 5.13 % ​ Foreclosure Residential mortgage loans collateralized by real estate that are in the process of foreclosure as of September 30, 2023 and December 31, 2022 totaled $492 thousand and $253 thousand, respectively. ​ Mortgage Banking Loans held for sale at September 30, 2023 had an unpaid principal balance of $2.0 million and there were no loans held for sale as of December 31, 2022. The interest rate exposure on loans held for sale is mitigated through forward sale commitments with certain approved secondary market investors. Forward sale commitments had a notional amount of $6.4 million at September 30, 2023, and we had no open forward sale commitments at December 31, 2022. ​ For the three months ended September 30, 2023 and 2022, we sold $20.2 million and $5.2 million, respectively, of residential mortgage loans on the secondary market, which resulted in a net gain on sale of loans (net of costs, including direct and indirect origination costs) of $14 thousand and a net loss $52 thousand, respectively. For the nine months ended September 30, 2023 and 2022, we sold $26.3 million and $38.2 million, respectively, of residential mortgage loans on the secondary market, which resulted in a net gain on sale of loans (net of costs, including direct and indirect origination costs) of $22 thousand and $281 thousand, respectively. ​ We sell residential loans on the secondary market while primarily retaining the servicing of these loans. Servicing sold loans helps to maintain customer relationships and earn fees over the servicing period. Loans serviced for others are not included in the accompanying consolidated balance sheets. The risks inherent in servicing assets relate primarily to level of prepayments that result from shifts in interest rates. We obtain third-party valuations of our servicing assets portfolio quarterly, and the assumptions are reflected in Fair Value disclosures.

BORROWED FUNDS

BORROWED FUNDS	9 Months Ended
	Sep. 30, 2023
BORROWED FUNDS
BORROWED FUNDS	NOTE 4. BORROWED FUNDS ​ Borrowed funds at September 30, 2023 and December 31, 2022 are summarized, as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Weighted ​ (dollars in thousands) Carrying Value Average Rate ​ Carrying Value Average Rate Short-term borrowings ​ ​ ​ ​ ​ ​ ​ Advances from the FHLB ​ $ 295,000 5.53 % ​ $ 318,000 3.84 % Other borrowings ​ 9,489 0.16 ​ ​ 13,369 0.13 ​ Total short-term borrowings ​ 304,489 3.20 ​ ​ 331,369 2.20 ​ Long-term borrowings ​ ​ ​ ​ Advances from the FHLB ​ 2,581 0.38 ​ ​ 2,588 0.48 ​ Subordinated borrowings ​ 60,422 6.19 ​ ​ 60,289 4.95 ​ Total long-term borrowings ​ 63,003 5.95 ​ ​ 62,877 4.76 ​ Total ​ $ 367,492 3.50 % ​ $ 394,246 2.45 % ​ Short-term debt includes Federal Home Loan Bank of Boston (“FHLB”) advances with a remaining maturity of less than one year. We also maintain a $1.0 million secured line of credit with the FHLB that bears a daily adjustable rate calculated by the FHLB. There was no outstanding balance on the FHLB line of credit for the periods ended September 30, 2023 and December 31, 2022. ​ We have the capacity to borrow funds on a secured basis utilizing the Bank Term Funding Program, the Borrower in Custody program, and the Discount Window at the Federal Reserve Bank of Boston (the “FRB”). At September 30, 2023, our available secured line of credit at the FRB was $158.0 million. We have pledged certain loans and securities to the FRB to support this arrangement. There were no borrowings with the FRB for the periods ended September 30, 2023 and December 31, 2022. ​ We maintain, with a correspondent bank, an unused unsecured federal funds line of credit that has an aggregate overnight borrowing capacity of $50.0 million as of September 30, 2023 and December 31, 2022. There was no outstanding balance on the line of credit as of September 30, 2023 and December 31, 2022. ​ Long-term FHLB advances consist of advances with a remaining maturity of more than one year. The advances outstanding at September 30, 2023 include no callable advances and amortizing advances of $281 thousand. There were no callable advances outstanding and $288 thousand of amortizing advances at December 31, 2022. All FHLB borrowings, including the line of credit, are secured by a blanket security agreement on certain qualified collateral, principally all residential first mortgage loans and certain securities. ​ A summary of maturities of FHLB advances as of September 30, 2023 is, as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average (in thousands, except rates) ​ Amount ​ Rate 2023 ​ $ 295,000 5.53 % 2024 ​ 2,300 — ​ 2025 ​ — — ​ 2026 ​ — — ​ 2027 ​ — — ​ Thereafter ​ 281 3.52 ​ Total FHLB advances ​ $ 297,581 5.48 % ​ On November 26, 2019, we entered into Subordinated Note Purchase Agreements with certain qualified institutional buyers and accredited investors pursuant to which we sold and issued $40.0 million in aggregate principal amount of subordinated notes due 2029 (the “Notes”). The Notes have a maturity date of December 1, 2029 and bear a fixed interest rate of 4.63% through December 1, 2024 payable semi-annually in arrears. From December 1, 2024 and thereafter the interest rate shall be reset quarterly to an interest rate per annum equal to the then current three-month Secured Overnight Financing Rate (“SOFR”) plus 3.27%. We have the option beginning with the interest payment date of December 1, 2024, and on any scheduled payment date thereafter, to redeem the Notes, in whole or in part upon prior approval of the Federal Reserve. The transaction included debt issuance costs of $198 thousand as of September 30, 2023 and $331 thousand net of amortization as of December 31, 2022, that are netted against the subordinated debt. We also have $20.6 million in floating Junior Subordinated Deferrable Interest Debentures (“Debentures”) issued by NHTB Capital Trust II (“Trust II”) and NHTB Capital Trust III (“Trust III”), which are both Connecticut statutory trusts. The Debentures were issued on March 30, 2004, carry a variable interest rate of three-month SOFR plus 2.79%, and mature in 2034. The debt is callable by us at the time when any interest payment is made. Trust II and Trust III are considered variable interest entities for which we are not the primary beneficiary. Accordingly, Trust II and Trust III are not consolidated into our financial statements. Repurchase Agreements We can raise additional liquidity by entering into repurchase agreements at our discretion. In a security repurchase agreement transaction, we will generally sell a security, agreeing to repurchase either the same or substantially identical security on a specified later date, at a greater price than the original sales price. The difference between the sale price and purchase price is the cost of the proceeds, which is recorded as interest expense on the consolidated statements of income. The securities underlying the agreements are delivered to counterparties as security for the repurchase obligations. Since the securities are treated as collateral and the agreement does not qualify for a full transfer of effective control, the transactions do not meet the criteria to be classified as sales, and are therefore considered secured borrowing transactions for accounting purposes. Payments on such borrowings are interest only until the scheduled repurchase date. In a repurchase agreement, we are subject to the risk that the purchaser may default at maturity and not return the securities underlying the agreements. In order to minimize this potential risk, we either deal with established firms when entering into these transactions or with customers whose agreements stipulate that the securities underlying the agreement are not delivered to the customer and instead are held in segregated safekeeping accounts by our safekeeping agents. ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2023 ​ December 31, 2022 Customer Repurchase Agreements ​ ​ US Government-sponsored enterprises ​ $ 9,489 ​ $ 13,369 Total ​ $ 9,489 ​ $ 13,369 ​

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2023
DEPOSITS.
DEPOSITS	​ NOTE 5. DEPOSITS ​ A summary of time deposits is, as follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 December 31, 2022 Time less than $100,000 ​ $ 358,703 ​ $ 157,263 Time $100,000 through $250,000 ​ 154,125 ​ 118,655 Time $250,000 or more ​ 145,654 ​ 47,521 Total ​ $ 658,482 ​ $ 323,439 ​ At September 30, 2023 and December 31, 2022, the scheduled maturities by year for time deposits are, as follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 ​ December 31, 2022 Within 1 year ​ $ 550,775 ​ $ 262,338 Over 1 year to 2 years ​ 93,779 ​ 37,937 Over 2 years to 3 years ​ 7,719 ​ 12,936 Over 3 years to 4 years ​ 3,735 ​ 5,410 Over 4 years to 5 years ​ 2,287 ​ 4,319 Over 5 years ​ 187 ​ 499 Total ​ $ 658,482 ​ $ 323,439 ​ Included in time deposits are brokered deposits of $202.0 million and $15.1 million at September 30, 2023 and December 31, 2022, respectively. Also included in time deposits are reciprocal deposits of $41.6 million and $27.4 million at September 30, 2023 and December 31, 2022, respectively.

CAPITAL RATIOS AND SHAREHOLDERS

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2023
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	​ ​ NOTE 6. CAPITAL RATIOS AND SHAREHOLDERS’ EQUITY ​ The actual and required capital ratios are, as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Regulatory ​ ​ ​ Actual ​ Capital Requirements ​ (in thousands, except ratios) Amount Ratio ​ Amount Ratio ​ Company (consolidated) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 443,482 ​ 13.86 % ​ $ 255,967 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 351,029 ​ 10.97 ​ ​ 143,981 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 371,649 ​ 11.62 ​ ​ 191,976 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 371,649 ​ 9.45 ​ ​ 157,333 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 434,770 ​ 13.60 % ​ $ 257,232 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 402,937 ​ 12.61 ​ ​ 144,594 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 402,937 ​ 12.61 ​ ​ 192,792 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 402,937 ​ 10.25 ​ ​ 154,761 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Regulatory ​ ​ ​ Actual ​ Capital Requirements ​ (in thousands, except ratios) Amount Ratio ​ Amount Ratio ​ Company (consolidated) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 416,900 ​ 13.50 % ​ $ 247,041 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 326,513 ​ 10.57 ​ ​ 138,960 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 347,133 ​ 11.24 ​ ​ 185,281 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 347,133 ​ 9.21 ​ ​ 150,772 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 410,053 ​ 13.29 % ​ $ 246,812 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 380,286 ​ 12.33 ​ ​ 138,832 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 380,286 ​ 12.33 ​ ​ 185,110 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 380,286 ​ 10.10 ​ ​ 150,655 ​ 4.00 ​ ​ In order to be classified as “well-capitalized” under the relevant regulatory framework, (i) the Company must, on a consolidated basis, maintain a total risk-based capital ratio of 10.00% or greater and a Tier 1 risk-based capital ratio of 6.00% or greater; and (ii) the Bank must maintain a total risk-based capital ratio of 10.00% or greater, a Tier 1 risk-based capital ratio of 8.00% or greater, a common equity Tier 1 capital ratio of 6.50% or greater, and a leverage ratio of 5.00% or greater. At each date shown in the tables above, the Company and the Bank met the conditions to be classified as “well-capitalized” under the relevant regulatory framework. ​ Accumulated other comprehensive (loss) income ​ Components of accumulated other comprehensive loss is, as follows: ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 December 31, 2022 Accumulated other comprehensive loss, before tax: ​ ​ Net unrealized loss on AFS securities ​ $ (86,469) ​ $ (71,832) Net unrealized loss on hedging derivatives ​ (4,640) ​ (2,333) Net unrealized loss on post-retirement plans ​ (1,675) ​ (1,691) ​ ​ ​ ​ ​ ​ ​ Income taxes related to items of accumulated other comprehensive loss: ​ ​ Net unrealized loss on AFS securities ​ 19,939 ​ 16,586 Net unrealized loss on hedging derivatives ​ 1,070 ​ 539 Net unrealized loss on post-retirement plans ​ 375 ​ 391 Accumulated other comprehensive loss ​ $ (71,400) ​ $ (58,340) ​ The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2023 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (14,586) ​ $ 3,363 ​ $ (11,223) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on AFS securities ​ (14,586) ​ 3,363 ​ (11,223) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (3,395) ​ 782 ​ (2,613) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (3,395) ​ 782 ​ (2,613) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (17,981) ​ $ 4,145 ​ $ (13,836) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (26,889) ​ $ 6,512 ​ $ (20,377) Less: reclassification adjustment for gains (losses) realized in net income ​ 44 ​ (10) ​ 34 Net unrealized loss on AFS securities ​ (26,933) ​ 6,522 ​ (20,411) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (1,568) ​ 361 ​ (1,207) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (1,568) ​ 361 ​ (1,207) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (28,501) ​ $ 6,883 ​ $ (21,618) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2023 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (14,603) ​ $ 3,345 ​ $ (11,258) Less: reclassification adjustment for gains realized in net income ​ 34 ​ (8) ​ 26 Net unrealized loss on AFS securities ​ (14,637) ​ 3,353 ​ (11,284) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (2,307) ​ 531 ​ (1,776) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on hedging derivatives ​ (2,307) ​ 531 ​ (1,776) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (16,944) ​ $ 3,884 ​ $ (13,060) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (79,133) ​ $ 18,474 ​ $ (60,659) Less: reclassification adjustment for gains realized in net income ​ 53 ​ (12) ​ 41 Net unrealized loss on AFS securities ​ (79,186) ​ 18,486 ​ (60,700) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ Net unrealized loss arising during the period ​ (5,446) ​ 1,254 ​ (4,192) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (5,446) ​ 1,254 ​ (4,192) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (84,632) ​ $ 19,740 ​ $ (64,892) ​ The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax impacts, for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized Net gain (loss) on Net unrealized ​ ​ ​ ​ gain (loss) ​ effective cash ​ loss ​ ​ ​ ​ ​ on AFS ​ flow hedging ​ on pension ​ ​ ​ (in thousands) ​ Securities ​ derivatives ​ plans ​ Total Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (55,307) ​ $ (957) ​ $ (1,300) ​ $ (57,564) Other comprehensive loss before reclassifications ​ (11,223) ​ (2,613) ​ — ​ (13,836) Less: amounts reclassified from accumulated other comprehensive income ​ — ​ — ​ — ​ — Total other comprehensive loss ​ (11,223) ​ (2,613) ​ — ​ (13,836) Balance at end of period ​ $ (66,530) ​ $ (3,570) ​ $ (1,300) ​ $ (71,400) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (38,304) ​ $ (2,115) ​ $ (552) ​ $ (40,971) Other comprehensive loss before reclassifications ​ (20,377) ​ (1,207) ​ — ​ (21,584) Less: amounts reclassified from accumulated other comprehensive income ​ 34 ​ — ​ — ​ 34 Total other comprehensive loss ​ (20,411) ​ (1,207) ​ — ​ (21,618) Balance at end of period ​ $ (58,715) ​ $ (3,322) ​ $ (552) ​ $ (62,589) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (55,246) ​ $ (1,794) ​ $ (1,300) ​ $ (58,340) Other comprehensive loss before reclassifications ​ (11,258) ​ (1,776) ​ — ​ (13,034) Less: amounts reclassified from accumulated other comprehensive income ​ 26 ​ — ​ — ​ 26 Total other comprehensive loss ​ (11,284) ​ (1,776) ​ — ​ (13,060) Balance at end of period ​ $ (66,530) ​ $ (3,570) ​ $ (1,300) ​ $ (71,400) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at beginning of period ​ $ 1,985 ​ $ 870 ​ $ (552) ​ $ 2,303 Other comprehensive loss before reclassifications ​ (60,659) ​ (4,192) ​ — ​ (64,851) Less: amounts reclassified from accumulated other comprehensive income ​ 41 ​ — ​ — ​ 41 Total other comprehensive loss ​ (60,700) ​ (4,192) ​ — ​ (64,892) Balance at end of period ​ $ (58,715) ​ $ (3,322) ​ $ (552) ​ $ (62,589) ​ ​ ​ The following tables presents the amounts reclassified out of each component of accumulated other comprehensive income for three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ ​ Affected Line Item where (in thousands) 2023 2022 2023 2022 Net Income is Presented Net realized gains on AFS securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Before tax ​ $ — ​ $ 44 ​ $ 34 ​ $ 53 ​ Non-interest income Tax effect ​ — ​ (10) ​ (8) ​ (12) ​ Tax expense Total reclassifications for the period ​ $ — ​ $ 34 ​ $ 26 ​ $ 41 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ ​ Affected Line Item where (in thousands) 2023 2022 2023 2022 Net Income is Presented Net realized loss on hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Before tax ​ $ — ​ $ — ​ $ — ​ $ — ​ Non-interest income Tax effect ​ — ​ — ​ — ​ — ​ Tax expense Total reclassifications for the period ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​ ​

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2023
EARNINGS PER SHARE
EARNINGS PER SHARE	​ ​ NOTE 7. EARNINGS PER SHARE ​ The following table presents the calculation of earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands, except per share and share data) 2023 2022 2023 2022 Net income ​ $ 11,104 ​ $ 11,430 ​ $ 34,907 ​ $ 31,045 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average number of basic common shares outstanding ​ 15,155,457 ​ 15,057,598 ​ 15,134,954 ​ 15,028,963 Plus: dilutive effect of stock options and awards outstanding ​ 40,067 ​ 55,757 ​ 53,765 ​ 71,317 Average number of diluted common shares outstanding (1) ​ 15,195,524 ​ 15,113,355 ​ 15,188,719 ​ 15,100,280 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share: ​ ​ ​ ​ Basic ​ $ 0.73 ​ $ 0.76 ​ $ 2.31 ​ $ 2.07 Diluted ​ ​ 0.73 ​ ​ 0.76 ​ ​ 2.30 ​ ​ 2.06 (1) Average diluted shares outstanding are computed using the treasury stock method.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
	Sep. 30, 2023
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	​ ​ NOTE 8. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES ​ We use derivative instruments to minimize fluctuations in earnings and cash flows caused by interest rate volatility. Our interest rate risk management strategy involves modifying the re-pricing characteristics of certain assets or liabilities so the changes in interest rates do not have a significant effect on net interest income. Thus, all of our derivative contracts are considered to be interest rate contracts. ​ We recognize our derivative instruments on the consolidated balance sheet at fair value. On the date the derivative instrument is entered into, we designate whether the derivative is part of a hedging relationship (i.e., cash flow or fair value hedge). We formally document relationships between hedging instruments and hedged items, as well as our risk management objective and strategy for undertaking hedge transactions. We also assess, both at the hedge’s inception and on an ongoing basis, whether the derivatives used in hedging transactions are highly effective in offsetting the changes in cash flows or fair values of hedged items. Changes in fair value of derivative instruments that are highly effective and qualify as cash flow hedges are recorded in other comprehensive income or loss. ​ We offer derivative products in the form of interest rate swaps, to commercial loan customers to facilitate their risk management strategies. These instruments are executed through Master Netting Arrangements (“MNAs”) with financial institution counterparties or Risk Participation Agreements (“RPAs”) with commercial bank counterparties, for which we assume a pro rata share of the credit exposure associated with a borrower's performance related to the derivative contract with the counterparty. ​ The following tables present information about derivative assets and liabilities at September 30, 2023 and December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Notional ​ Average ​ Fair Value ​ Location Fair ​ ​ Amount ​ Maturity ​ Asset (Liability) Value Asset ​ (in thousands) (in years) (in thousands) (Liability) Cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale fundings ​ $ 75,000 ​ 1.3 ​ $ 3,955 ​ Other assets Interest rate swap on variable rate loans ​ ​ 50,000 ​ ​ 2.5 ​ ​ (4,707) ​ Other liabilities Total cash flow hedges ​ 125,000 ​ ​ ​ ​ (752) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ 37,190 ​ 5.8 ​ 5,416 ​ Other assets Total fair value hedges ​ 37,190 ​ ​ ​ ​ 5,416 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward sale commitments ​ 6,425 ​ — ​ 47 ​ Other assets Customer Loan Swaps-MNA Counterparty ​ ​ 183,510 ​ ​ 5.1 ​ ​ (22,226) ​ Other liabilities Customer Loan Swaps-RPA Counterparty ​ ​ 119,000 ​ ​ 5.4 ​ ​ — ​ Other liabilities Customer Loan Swaps-Customer ​ ​ 302,510 ​ ​ 5.2 ​ ​ 22,226 ​ Other assets Total economic hedges ​ 611,445 ​ ​ ​ ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ 4,920 ​ 0.1 ​ 25 ​ Other assets Total non-hedging derivatives ​ 4,920 ​ ​ ​ ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 778,555 ​ ​ ​ ​ $ 4,736 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Notional ​ Average ​ Fair Value ​ Location Fair ​ ​ Amount ​ Maturity ​ Asset (Liability) Value Asset ​ (in thousands) (in years) (in thousands) (Liability) Cash flow hedges: ​ ​ ​ ​ ​ Interest rate swap on wholesale fundings ​ $ 75,000 ​ 2.0 ​ $ 4,978 ​ Other assets Interest rate swap on variable rate loans ​ ​ 50,000 ​ ​ 3.2 ​ ​ (4,941) ​ Other liabilities Total cash flow hedges ​ 125,000 ​ ​ ​ ​ 37 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ 37,190 ​ 6.6 ​ 4,774 ​ Other assets Total fair value hedges ​ 37,190 ​ ​ ​ ​ 4,774 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward sale commitments ​ ​ — ​ — ​ — ​ Other assets Customer Loan Swaps-MNA Counterparty ​ ​ 191,987 ​ ​ 5.8 ​ ​ (20,287) ​ Other liabilities Customer Loan Swaps-RPA Counterparty ​ ​ 113,928 ​ ​ 6.0 ​ ​ — ​ Other liabilities Customer Loan Swaps-Customer ​ ​ 305,914 ​ ​ 5.9 ​ ​ 20,287 ​ Other assets Total economic hedges ​ 611,829 ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — ​ — ​ — ​ Other assets Total non-hedging derivatives ​ — ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 774,019 ​ ​ ​ ​ $ 4,811 ​ ​ ​ ​ As of September 30, 2023 and December 31, 2022, the following amounts were recorded on the consolidated balance sheet related to cumulative basis adjustments for fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative Amount of Fair ​ ​ Location of Hedged Item on ​ Carrying Amount of Hedged ​ Value Hedging Adjustment in ​ Balance Sheet Assets Carrying Amount September 30, 2023 ​ ​ Interest rate swap on securities Securities available for sale ​ $ 27,887 ​ $ (9,303) ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Interest rate swap on securities Securities available for sale ​ $ 30,045 ​ $ (7,145) ​ ​ Information about derivative assets and liabilities for the three and nine months ended September 30, 2023 and 2022, follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) Income Comprehensive Income Income Income in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ (564) ​ Interest expense ​ $ — Interest expense ​ $ 816 Interest rate swap on variable rate loans ​ ​ 48 ​ Interest income ​ ​ — ​ Interest income ​ ​ (578) Total cash flow hedges ​ (516) ​ ​ — ​ 238 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (2,096) Interest income ​ — Interest income ​ 369 Total fair value hedges ​ (2,096) ​ ​ — ​ 369 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ (2) Total economic hedges ​ — ​ ​ — ​ (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other expense ​ — Mortgage banking income ​ 24 Total non-hedging derivatives ​ — ​ ​ — ​ 24 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (2,612) ​ ​ ​ $ — ​ $ 629 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) ​ Income ​ Comprehensive Income ​ Income ​ Income ​ in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ 1,262 Interest expense ​ $ — Interest expense ​ $ 140 Interest rate swap on variable rate loans ​ ​ (1,181) ​ Interest income ​ ​ — ​ Interest income ​ ​ (238) Total cash flow hedges ​ ​ 81 ​ ​ ​ — ​ ​ (98) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (1,287) Interest income ​ — Interest income ​ 155 Total economic hedges ​ ​ (1,287) ​ ​ ​ — ​ 155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ 19 Total economic hedges ​ ​ — ​ ​ ​ — ​ 19 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other income ​ — Mortgage banking income ​ (50) Total non-hedging derivatives ​ ​ — ​ ​ ​ — ​ (50) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (1,206) ​ $ — ​ $ 26 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) Income Comprehensive Income Income Income in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ (786) ​ Interest expense ​ $ — Interest expense ​ $ 2,225 Interest rate swap on variable rate loans ​ ​ 178 ​ Interest income ​ ​ — ​ Interest income ​ ​ (1,575) Total cash flow hedges ​ (608) ​ ​ — ​ 650 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (1,168) Interest income ​ — Interest income ​ 985 Total fair value hedges ​ (1,168) ​ ​ — ​ 985 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ 47 Total economic hedges ​ — ​ ​ — ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other expense ​ — Mortgage banking income ​ (79) Total non-hedging derivatives ​ — ​ ​ — ​ (79) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (1,776) ​ ​ ​ $ — ​ $ 1,603 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) ​ Income ​ Comprehensive Income ​ Income ​ Income ​ in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ 4,058 Interest expense ​ $ — Interest expense ​ $ (1) Interest rate swap on variable rate loans ​ ​ (3,489) ​ Interest income ​ ​ — ​ Interest income ​ ​ (239) Total cash flow hedges ​ ​ 569 ​ ​ ​ — ​ ​ (240) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (4,761) Interest income ​ — Interest income ​ (48) Total economic hedges ​ ​ (4,761) ​ ​ ​ — ​ (48) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ (7) Total economic hedges ​ ​ — ​ ​ ​ — ​ (7) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other income ​ — Mortgage banking income ​ (283) Total non-hedging derivatives ​ ​ — ​ ​ ​ — ​ (283) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (4,192) ​ $ — ​ $ (578) ​ ​ ​ The effect of cash flow hedging and fair value accounting on the consolidated statements of income for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 38,412 ​ $ 6,723 ​ $ 11,415 ​ $ 4,534 ​ $ 8,815 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 816 ​ ​ — Interest rate swap on variable rate loans ​ (578) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 369 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 27,940 ​ $ 5,145 ​ $ 1,801 ​ $ 1,374 ​ $ 8,823 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 140 ​ ​ — Interest rate swap on variable rate loans ​ (238) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 155 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 109,889 ​ $ 18,478 ​ $ 25,270 ​ $ 14,215 ​ $ 26,979 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,225 ​ ​ — Interest rate swap on variable rate loans ​ (1,575) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 985 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 75,192 ​ $ 13,178 ​ $ 4,185 ​ $ 3,458 ​ $ 27,093 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ (1) ​ ​ — Interest rate swap on variable rate loans ​ (239) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ (48) ​ ​ — ​ ​ — ​ ​ — The effect of derivatives not designated as hedging instruments on the consolidated statements of income for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Location of Gain (Loss) Recognized ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (In thousands) ​ in Non-interest Income ​ 2023 ​ ​ 2022 ​ 2023 ​ ​ 2022 Derivatives not designated as hedging instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ Mortgage banking income ​ $ (2) ​ $ 19 ​ $ 47 ​ $ (7) Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ Mortgage banking income ​ ​ 24 ​ ​ (50) ​ ​ (79) ​ ​ (283) ​ Cash flow hedges ​ Interest rate swaps on wholesale funding As of September 30, 2023, we have two interest rate swaps on wholesale borrowings to limit our exposure to rising interest rates over a five-year term on 3-month FHLB borrowings or brokered certificates, or a combination thereof at each maturity date. The first of the two agreements was entered into in November 2019 with a $50.0 million notional amount and pays a fixed interest rate of 1.53%. A second agreement was entered into in April 2020 with a $25.0 million notional amount and pays a fixed rate of 0.59%. The financial institution counterparty pays us interest on the daily SOFR rate plus 26 basis points. We designated the swaps as cash flow hedges. ​ Interest rate swap on variable rate loans We have an interest rate swap that effectively fixes our interest rate on $50 million at the daily SOFR rate plus 11 basis points of based loan assets at 0.806% plus the credit spread on the loans that reprices on weighted average basis. The instrument is specifically designed to hedge the risk of changes in its cash flows from interest receipts attributable to changes in a contractually specified interest rate, on an amount of our variable rate loan assets equal to $50 million. We designated the swap as a cash flow hedge. ​ Fair value hedges ​ Interest rate swap on securities For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative instrument as well as the offsetting loss or gain on the hedged asset or liability attributable to the hedged risk are recognized in current earnings. We utilize interest rate swaps designated as fair value hedges to mitigate the effect of changing interest rates on the fair values of fixed rate callable securities available-for-sale. The hedging strategy on securities converts the fixed interest rates to LIBOR and SOFR based variable interest rates, all securities are expected to convert to SOFR by December 31, 2023. These derivatives are designated as partial term hedges of selected cash flows covering specified periods of time prior to the call dates of the hedged securities. During 2019, we entered into eight swap transactions with a notional amount of $37.2 million designated as fair value hedges. These derivatives are intended to protect against the effects of changing interest rates on the fair values of fixed rate securities. The fixed rates on the transactions have a weighted average of 1.70%. ​ Economic hedges ​ Forward sale commitments We utilize forward sale commitments on residential mortgage loans to hedge interest rate risk and the associated effects on the fair value of interest rate lock commitments and loans originated for sale. The forward sale commitments are accounted for as derivatives. We typically use a combination of best efforts and mandatory delivery contracts. The contracts are loan sale agreements where we commit to deliver a certain principal amount of mortgage loans to an investor at a specified price on or before a specified date. Generally, we enter into contracts just prior to the loan closing with a customer. ​ Customer loan derivatives We enter into customer loan derivatives to facilitate the risk management strategies for commercial banking customers. We mitigate this risk by entering into equal and offsetting loan swap agreements with highly rated third-party financial institutions. The loan swap agreements are free standing derivatives and are recorded at fair value in our consolidated balance sheet. We are party to MNAs with our financial institutional counterparties; however, we do not offset assets and liabilities under these arrangements for financial statement presentation purposes. ​ ​ The MNAs provide for a single net settlement of all loan swap agreements, as well as collateral or cash funds, in the event of default on, or termination of, any one contract. Collateral is provided by cash or securities received or posted by the counterparty with net liability positions, respectively, in accordance with contract thresholds. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Amounts Offset in the Consolidated Balance Sheet ​ ​ Derivative ​ ​ ​ Cash Collateral ​ ​ ​ (in thousands) Liabilities Derivative Assets Pledged Net Amount As of September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Customer Loan Derivatives: ​ ​ ​ ​ MNA counterparty ​ $ (22,226) ​ $ 22,226 ​ $ — ​ $ — RPA counterparty ​ — ​ — ​ — ​ — Total ​ $ (22,226) ​ $ 22,226 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Amounts Offset in the Consolidated Balance Sheet ​ ​ Derivative ​ ​ ​ Cash Collateral ​ ​ ​ (in thousands) Liabilities Derivative Assets Pledged Net Amount As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Customer Loan Derivatives: ​ ​ ​ ​ MNA counterparty ​ $ (20,287) ​ $ 20,287 ​ $ — ​ $ — RPA counterparty ​ — ​ — ​ — ​ — Total ​ $ (20,287) ​ $ 20,287 ​ $ — ​ $ — ​ Non-hedging derivatives ​ Interest rate lock commitments We enter into interest rate lock commitments (“IRLCs”) for residential mortgage loans, which commit us to lend funds to a potential borrower at a specific interest rate and within a specified period of time. IRLCs relate to the origination of residential mortgage loans that are held for sale and are considered derivative financial instruments under applicable accounting guidance. Outstanding IRLCs expose us to the risk that the price of the mortgage loans underlying the commitments may decline due to increases in mortgage interest rates from inception of the rate lock to the funding of the loan. The IRLCs are free standing derivatives, which are carried at fair value with changes recorded in non-interest income in our Consolidated Statements of Income. Changes in the fair value of IRLCs subsequent to inception are based on (i) changes in the fair value of the underlying loan resulting from the fulfillment of the commitment and (ii) changes in the probability when the loan will fund within the terms of the commitment, which is affected primarily by changes in interest rates and the passage of time.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2023
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	​ ​ NOTE 9. FAIR VALUE MEASUREMENTS ​ Recurring Fair Value Measurements ​ The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis as of September 30, 2023 and December 31, 2022, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ Level 1 Level 2 Level 3 Total (in thousands) ​ Inputs ​ Inputs ​ Inputs ​ Fair Value Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 2,179 ​ $ — ​ $ 2,179 Mortgage-backed securities: ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ — ​ ​ 189,723 ​ ​ — ​ ​ 189,723 US Government agency ​ — ​ 70,434 ​ — ​ 70,434 Private label ​ — ​ 58,845 ​ — ​ 58,845 Obligations of states and political subdivisions thereof ​ — ​ 97,408 ​ — ​ 97,408 Corporate bonds ​ — ​ 90,864 ​ — ​ 90,864 Loans held for sale ​ ​ — ​ ​ 2,016 ​ ​ — ​ ​ 2,016 Derivative assets ​ — ​ 31,644 ​ 25 ​ 31,669 Derivative liabilities ​ — ​ (26,933) ​ — ​ (26,933) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Level 1 Level 2 Level 3 Total (in thousands) ​ Inputs ​ Inputs ​ Inputs ​ Fair Value Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 2,660 ​ $ — ​ $ 2,660 Mortgage-backed securities: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ — ​ ​ 215,027 ​ ​ — ​ ​ 215,027 US Government agency ​ — ​ 79,606 ​ — ​ 79,606 Private label ​ — ​ 60,154 ​ — ​ 60,154 Obligations of states and political subdivisions thereof ​ — ​ 107,737 ​ — ​ 107,737 Corporate bonds ​ — ​ 94,332 ​ — ​ 94,332 Loans held for sale ​ ​ — ​ ​ — ​ ​ — ​ ​ — Derivative assets ​ — ​ 30,039 ​ — ​ 30,039 Derivative liabilities ​ — ​ (25,228) ​ — ​ (25,228) ​ ​ Securities Available for Sale: ​ Loans Held for Sale: Derivative Assets and Liabilities ​ Cash Flow Hedges. ​ Interest Rate Lock Commitments. ​ Forward Sale Commitments . ​ Customer Loan Derivatives. ​ Although we have determined that the majority of the inputs used to value customer loan derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and counterparties. However, as of September 30, 2023, we assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and determined that the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we determined that the derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. ​ The table below presents the changes in Level 3 assets and liabilities that were measured at fair value on a recurring basis for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets (Liabilities) ​ ​ Interest Rate Lock ​ Forward (in thousands) Commitments Commitments Three Months Ended September 30, 2023 ​ ​ ​ ​ Balance at beginning of period ​ $ 8 ​ $ — Realized gain recognized in non-interest income ​ 17 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ ​ Balance at beginning of period ​ $ 50 ​ $ (11) Realized gain (loss) recognized in non-interest income ​ (50) ​ 19 Balance at end of period ​ $ — ​ $ 8 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Balance at beginning of period ​ $ — ​ $ — Realized gain recognized in non-interest income ​ 25 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ Balance at beginning of period ​ $ 283 ​ $ 15 Realized loss recognized in non-interest income ​ (283) ​ (7) Balance at end of period ​ $ — ​ $ 8 ​ Quantitative information about the significant unobservable inputs within Level 3 recurring assets and liabilities is, as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, ​ September 30, ​ Valuation ​ Unobservable ​ Unobservable ​ except ratios) 2023 Techniques Inputs Input Value Assets (Liabilities) ​ ​ ​ ​ ​ ​ Interest Rate Lock Commitment $ 25 ​ Pull-through Rate Analysis Closing Ratio ​ 76 % ​ ​ ​ ​ Pricing Model ​ Origination Costs, per loan ​ $ 1.7 ​ ​ ​ ​ ​ ​ Discount Cash Flows ​ Mortgage Servicing Asset ​ ​ 1.0 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Commitments ​ 47 ​ Quoted prices for similar loans in active markets Freddie Mac pricing system ​ $97.2 to $101.4 ​ Total ​ $ 72 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ Significant ​ ​ December 31, ​ Valuation ​ Unobservable ​ Unobservable ​ (in thousands, except ratios) 2022 ​ Techniques Inputs Input Value ​ Assets (Liabilities) ​ ​ ​ ​ ​ ​ Interest Rate Lock Commitment $ 283 ​ Pull-through Rate Analysis Closing Ratio ​ 85 % ​ ​ ​ ​ Pricing Model ​ Origination Costs, per loan ​ $ 1.7 ​ ​ ​ ​ ​ ​ Discount Cash Flows ​ Mortgage Servicing Asset ​ ​ 1.0 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Commitments ​ 15 ​ Quoted prices for similar loans in active markets Freddie Mac pricing system ​ $99.8 to $103.2 ​ Total ​ $ 298 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-Recurring Fair Value Measurements ​ We are required, on a non-recurring basis, to adjust the carrying value or provide valuation allowances for certain assets using fair value measurements in accordance with GAAP. The following is a summary of applicable non-recurring fair value measurements: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ Measurement Date as of ​ ​ Sep 30, 2023 ​ Dec 31, 2022 ​ September 30, 2023 ​ September 30, 2023 ​ September 30, 2023 ​ ​ Level 3 ​ Level 3 ​ Total ​ Total ​ Level 3 (in thousands) Inputs Inputs Gains (Losses) Gains (Losses) Inputs Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ $ 5,387 ​ $ 16,477 ​ $ (7,706) ​ $ (11,090) ​ September 2023 Capitalized servicing rights ​ 7,077 ​ ​ 6,845 ​ 316 ​ 232 September 2023 Premises held for sale ​ 252 ​ ​ 252 ​ — ​ — September 2023 Total ​ $ 12,716 ​ $ 23,574 ​ $ (7,390) ​ $ (10,858) ​ There are no liabilities measured at fair value on a non-recurring basis in 2023 and 2022. ​ ​ Quantitative information about the significant unobservable inputs within Level 3 non-recurring assets is, as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, except ratios) Fair Value September 30, 2023 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets ​ ​ ​ ​ Individually evaluated loans ​ $ 4,311 Fair value of collateral-appraised value Loss severity ​ ​ 10% to 53% ​ ​ ​ ​ ​ ​ ​ Appraised value ​ ​ $150 to $965 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ 1,076 Discount cash flow Discount rate ​ 3.25% to 7.13% ​ ​ ​ ​ ​ ​ ​ Cash flows ​ ​ $2 to $697 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized servicing rights ​ 7,077 Discounted cash flow Constant prepayment rate ​ 7.04% ​ ​ ​ ​ Discount rate ​ 9.56% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Premises held for sale ​ 252 Fair value of asset less selling costs Appraised value ​ ​ $267 ​ ​ ​ ​ Selling Costs ​ 6% ​ Total ​ $ 12,716 ​ ​ (a) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individual properties. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, except ratios) Fair Value December 31, 2022 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) ​ Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ $ 13,587 Fair value of collateral-appraised value Loss severity ​ ​ 1% to 40% ​ ​ ​ ​ ​ ​ ​ Appraised value ​ ​ $80 to $3,859 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ 2,890 Discount cash flow Discount rate ​ 3.63% to 6.38% ​ ​ ​ ​ ​ ​ ​ Cash flows ​ ​ $100 to $539 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized servicing rights ​ 6,845 Discounted cash flow Constant prepayment rate ​ 7.29% ​ ​ ​ ​ Discount rate ​ 9.54% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Premises held for sale ​ 252 Fair value of asset less selling costs Appraised value ​ ​ $267 ​ ​ ​ ​ ​ Selling Costs ​ 6% ​ Total ​ $ 23,574 ​ ​ ​ ​ ​ ​ ​ ​ (a) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individual properties. ​ There were no Level 1 or Level 2 non-recurring fair value measurements for the periods ended September 30, 2023 and December 31, 2022. ​ Individually evaluated loans. ​ Capitalized loan servicing rights . ​ Other real estate owned (“OREO”). ​ Premises held for sale. ​ Summary of Estimated Fair Values of Financial Instruments ​ The estimated fair values, and related carrying amounts, of our financial instruments are included in the table below. Certain financial instruments and all non-financial instruments are excluded from disclosure requirements. Accordingly, the aggregate fair value amounts presented herein may not necessarily represent the underlying fair value of the Company. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ Carrying ​ Fair ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 122,816 ​ $ 122,816 ​ $ 122,816 ​ $ — ​ $ — Securities available for sale ​ 509,453 ​ 509,453 ​ — ​ 509,453 ​ — FHLB stock ​ 14,834 ​ 14,834 ​ — ​ 14,834 ​ — Loans held for sale ​ ​ 2,016 ​ ​ 2,016 ​ ​ — ​ ​ 2,016 ​ ​ — Net loans ​ 2,964,780 ​ 2,796,561 ​ — ​ — ​ 2,796,561 Accrued interest receivable ​ 5,056 ​ 5,056 ​ — ​ 5,056 ​ — Cash surrender value of bank-owned life insurance policies ​ 79,469 ​ 79,469 ​ — ​ 79,469 ​ — Derivative assets ​ 31,669 ​ 31,669 ​ — ​ 31,644 ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Liabilities ​ ​ ​ ​ ​ Non-maturity deposits ​ $ 2,482,012 ​ $ 2,489,295 ​ $ — ​ $ 2,489,295 ​ $ — Time deposits ​ ​ 658,482 ​ ​ 651,067 ​ ​ — ​ ​ 651,067 ​ ​ — Securities sold under agreements to repurchase ​ ​ 9,490 ​ ​ 9,490 ​ ​ — ​ ​ 9,490 ​ ​ — FHLB advances ​ 297,580 ​ 297,432 ​ — ​ 297,432 ​ — Subordinated borrowings ​ 60,422 ​ 67,470 ​ — ​ 67,470 ​ — Derivative liabilities ​ 26,933 ​ 26,933 ​ — ​ 26,933 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Carrying ​ Fair ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 92,295 ​ $ 92,295 ​ $ 92,295 ​ $ — ​ $ — Securities available for sale ​ 559,516 ​ 559,516 ​ — ​ 559,516 ​ — FHLB stock ​ 14,893 ​ 14,893 ​ — ​ 14,893 ​ — Loans held for sale ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Net loans ​ 2,902,690 ​ 2,774,863 ​ — ​ — ​ 2,774,863 Accrued interest receivable ​ 4,257 ​ 4,257 ​ — ​ 4,257 ​ — Cash surrender value of bank-owned life insurance policies ​ 81,197 ​ 81,197 ​ — ​ 81,197 ​ — Derivative assets ​ 30,039 ​ 30,039 ​ — ​ 30,039 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Liabilities ​ ​ ​ ​ ​ Non-maturity deposits ​ $ 2,719,992 ​ $ 2,309,555 ​ $ — ​ $ 2,309,555 ​ $ — Time deposits ​ ​ 323,439 ​ ​ 315,180 ​ ​ — ​ ​ 315,180 ​ ​ — Securities sold under agreements to repurchase ​ ​ 13,369 ​ ​ 13,369 ​ ​ — ​ ​ 13,369 ​ ​ — FHLB advances ​ 320,588 ​ 320,244 ​ — ​ 320,244 ​ — Subordinated borrowings ​ 60,289 ​ 66,846 ​ — ​ 66,846 ​ — Derivative liabilities ​ 25,228 ​ 25,228 ​ — ​ 25,228 ​ — ​

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2023
REVENUE FROM CONTRACTS WITH CUSTOMERS
REVENUE FROM CONTRACTS WITH CUSTOMERS	NOTE 10. REVENUE FROM CONTRACTS WITH CUSTOMERS ​ We account for our various non-interest revenue streams and related contracts in accordance with “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 is based on the consideration specified in the contract with a customer and excludes amounts collected on behalf of third parties. Revenue is recognized when we satisfy our performance obligation, which is generally when services are rendered and can be either satisfied at a point in time or over time. We recognize revenue at a point in time that is transactional in nature. We recognize revenue over time that is earned as services are performed and performance obligations are satisfied over time. ​ A substantial portion of our revenue is specifically excluded from the scope of ASC 606. This exclusion is associated with financial instruments, including interest income on loans and investment securities, in addition to loan derivative income and gains on loan and investment sales. ​ Disaggregation of Revenue ​ The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (in thousands) 2023 2022 2023 2022 Non-interest income within the scope of ASC 606: ​ ​ ​ ​ Trust management fees ​ $ 3,135 ​ $ 3,077 ​ $ 9,724 ​ $ 9,941 Financial services fees ​ 387 ​ 471 ​ 1,158 ​ 1,190 Interchange fees ​ 1,971 ​ 1,953 ​ 5,909 ​ 5,849 Customer deposit fees ​ 1,669 ​ 1,578 ​ 4,688 ​ 4,418 Other customer service fees ​ 286 ​ 305 ​ 780 ​ 841 Total non-interest income within the scope of ASC 606 ​ ​ 7,448 ​ ​ 7,384 ​ ​ 22,259 ​ ​ 22,239 Total non-interest income not within the scope of ASC 606 ​ ​ 1,367 ​ ​ 1,439 ​ ​ 4,720 ​ ​ 4,854 Total non-interest income ​ $ 8,815 ​ $ 8,823 ​ $ 26,979 ​ $ 27,093 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (in thousands) 2023 2022 2023 2022 Timing of Revenue Recognition ​ ​ ​ ​ Products and services transferred at a point in time ​ $ 4,045 ​ $ 4,020 ​ $ 11,842 ​ $ 11,755 Products and services transferred over time ​ 3,403 ​ 3,364 ​ 10,417 ​ 10,484 Total ​ $ 7,448 ​ $ 7,384 ​ $ 22,259 ​ $ 22,239 ​ Trust Management Fees The trust management business generates revenue through a range of fiduciary services including trust and estate administration, financial advice, and investment management to individuals, businesses, not-for-profit organizations, and municipalities. These fees are primarily earned over time as we charge our customers on a monthly or quarterly basis in accordance with investment advisory agreements. Fees are generally assessed based on a tiered scale of the market value of assets under management at month end. Certain fees, such as bill paying fees, distribution fees, real estate sale fees, and supplemental tax service fees, are recorded as revenue at a point in time upon the completion of the service. ​ Financial Services Fees Bar Harbor Financial Services is a branch office of Infinex, an independent registered broker dealer offering securities and insurance products not affiliated with the Company or its subsidiaries. We have a revenue sharing agreement with Infinex for any financial service fee income generated. Financial services fees are recognized at a point in time upon the completion of service requirements. ​ Interchange Fees We earn interchange fees from transaction fees that merchants pay whenever a customer uses a debit card to make a purchase from their store. The fees are paid to the card-issuing bank to cover handling costs, fraud, bad debt costs and the risk involved in approving the payment. Interchange fees are generally recognized as revenue at a point in time upon the completion of a debit card transaction. ​ Customer Deposit Fees The Customer Deposit business offers a variety of deposit accounts with a range of interest rates, fee schedules and other terms, which are designed to meet the customer's financial needs. Additional depositor-related services provided to customers include ATM, bank-by-phone, internet banking, internet bill pay, mobile banking, and other cash management services, which include remote deposit capture, ACH origination, and wire transfers. These customer deposit fees are generally recognized at a point in time upon the completion of the service. ​ Other Customer Service Fees We have certain incentive and referral fee arrangements with independent third parties in which fees are earned for new account activity, product sales, or transaction volume generated for the respective third parties. We also earn a percentage of the fees generated from third-party credit card plans promoted through the Bank. Revenue from these incentive and referral fee arrangements are recognized over time using the right to invoice measure of progress. ​ Contract Balances from Contracts with Customers ​ The following table provides information about contract assets or receivables and contract liabilities or deferred revenues from contracts with customers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2023 ​ December 31, 2022 Balances from contracts with customers only: ​ ​ Other Assets ​ $ 1,093 ​ $ 1,211 Other Liabilities ​ 1,937 ​ 2,345 ​ The timing of revenue recognition, billings and cash collections results in contract assets or receivables and contract liabilities or deferred revenue on the consolidated balance sheets. For most customer contracts, fees are deducted directly from customer accounts and, therefore, there is no associated impact on the accounts receivable balance. For certain types of service contracts, we have an unconditional right to consideration under the service contract and an accounts receivable balance is recorded for services completed. When consideration is received, or such consideration is unconditionally due, from a customer prior to transferring goods or services to the customer under the terms of a contract, a contract liability is recorded. Contract liabilities are recognized as revenue after control of the products or services is transferred to the customer and all revenue recognition criteria have been met. ​ Costs to Obtain and Fulfill a Contract ​ We currently expense contract costs for processing and administrative fees for debit card transactions. We also expense custody fees and transactional costs associated with securities transactions as well as third-party tax preparation fees. We have elected the practical expedient in ASC 340-40-25-4, whereby we recognize the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets we otherwise would have recognized is one year or less.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2023
BASIS OF PRESENTATION
Goodwill assessment	Goodwill assessment: ​ Goodwill represents the excess of the purchase price over the fair value of net assets acquired in accordance with the purchase method of accounting for business combinations. Goodwill is not amortized but, instead, is subject to impairment tests on at least an annual basis, or more frequently, if an event occurs or circumstances change that reduce the fair value of a reporting unit below its carrying amount. The impairment testing process is conducted by assigning assets and goodwill to each reporting unit. Currently, our goodwill is evaluated at the entity level as there is only one reporting unit. Management, at our discretion, assesses certain qualitative factors to determine if it is more likely than not that the fair value of the reporting unit is less than its carrying value. An impairment charge is recognized if the carrying fair value of goodwill exceeds the implied fair value of goodwill. ​ During the nine months ended September 30, 2023, the economic uncertainty and market volatility resulting from the rising interest rate environment and the recent banking crisis resulted in a decrease in the Company's stock price and market capitalization. In the fourth quarter of 2023, management completed its annual goodwill impairment testing using balance sheet and market data as of September 30, 2023. The Analysis was performed at the consolidated Bank level of the Company, which is considered the smallest reporting unit carrying goodwill. Based on an analysis performed, the Company's estimated fair value to a market participant as of September 30, 2023, exceeded its carrying amount resulting in no impairment charge for the period. Management evaluated current conditions and concluded there have been no significant changes in the economic environment or future projections and therefore, believes that there has been no further decline in the Company's fair value as of September 30, 2023. Management will continue to evaluate the economic conditions at future reporting periods for applicable changes.
Reclassifications	Reclassifications:
Recent Accounting Pronouncements	Recent Accounting Pronouncements ​ The following table provides a brief description of recent accounting standards updates (“ASU”) that could have a material impact to the Company’s consolidated financial statements upon adoption: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Standard Description Required Date of Adoption Effect on financial statements Standards Adopted in 2023 ​ ​ ​ ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings ("TDRs") and Vintage Disclosures ​ ​ The amendments in this update eliminate TDR recognition and measurement guidance and, instead, require that an entity evaluate (consistent with the accounting for other loan modifications) whether the modification represents a new loan or a continuation of an exisiting loan. The amendments enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. ​ ​ January 1, 2023 ​ ​ The adoption of this ASU did not have a material impact on our consolidated financial statements. Standards Not Yet Adopted ​ ​ ​ ASU 2023-02 Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method ​ ​ The amendments in this update permit reporting entities to elect to account for their tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. ​ ​ December 15, 2023, including interim periods within the fiscal year ​ ​ We do not expect adoption of this ASU to have a material impact on our consolidated financial statements. ​

SECURITIES AVAILABLE FOR SALE (

SECURITIES AVAILABLE FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2023
SECURITIES AVAILABLE FOR SALE
Summary of Securities Available for Sale	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ (in thousands) Amortized Cost Gains Losses Fair Value September 30, 2023 ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 2,218 ​ $ 1 ​ $ (40) ​ $ 2,179 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 230,746 ​ ​ 2 ​ ​ (41,025) ​ ​ 189,723 US Government agency ​ 84,324 ​ — ​ (13,890) ​ 70,434 Private label ​ 61,235 ​ 23 ​ (2,413) ​ 58,845 Obligations of states and political subdivisions thereof ​ 115,908 ​ 9,305 ​ (27,805) ​ 97,408 Corporate bonds ​ 101,491 ​ 31 ​ (10,658) ​ 90,864 Total securities available for sale ​ $ 595,922 ​ $ 9,362 ​ $ (95,831) ​ $ 509,453 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ (in thousands) Amortized Cost Gains Losses Fair Value December 31, 2022 ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 2,692 ​ $ 5 ​ $ (37) ​ $ 2,660 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 249,838 ​ ​ 14 ​ ​ (34,825) ​ ​ 215,027 US Government agency ​ 90,318 ​ 16 ​ (10,728) ​ 79,606 Private label ​ 64,056 ​ 34 ​ (3,936) ​ 60,154 Obligations of states and political subdivisions thereof ​ 121,939 ​ 7,149 ​ (21,351) ​ 107,737 Corporate bonds ​ 102,505 ​ 33 ​ (8,206) ​ 94,332 Total securities available for sale ​ $ 631,348 ​ $ 7,251 ​ $ (79,083) ​ $ 559,516
Schedule of Amortized Cost and Estimated Fair Value of Available for Sale (AFS) Securities, Segregated by Contractual Maturity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Available for sale (in thousands) Amortized Cost Fair Value Within 1 year $ 3,051 ​ $ 3,022 Over 1 year to 5 years ​ 36,218 ​ 33,257 Over 5 years to 10 years ​ 51,635 ​ 54,313 Over 10 years ​ 128,713 ​ 99,859 Total bonds and obligations ​ 219,617 ​ 190,451 Mortgage-backed securities and collateralized mortgage obligations ​ 376,305 ​ 319,002 Total securities available for sale ​ $ 595,922 ​ $ 509,453
Schedule of Gains and Losses from Sale of AFS Securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ ​ September 30, ​ September 30, ​ (in thousands) 2023 2022 2023 2022 Gross gains on sales of available for sale securities ​ $ — ​ $ 142 ​ $ 34 ​ $ 151 ​ Gross losses on sales of available for sale securities ​ — ​ (98) ​ — ​ (98) ​ Net gains on sale of available for sale securities ​ $ — ​ $ 44 ​ $ 34 ​ $ 53 ​
Schedule of Securities with Unrealized Losses, Segregated by the Duration of Continuous Unrealized Loss Positions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than Twelve Months ​ Over Twelve Months ​ Total ​ ​ Gross ​ ​ Gross ​ ​ Gross ​ ​ ​ ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair (in thousands) Losses Value Losses Value Losses Value September 30, 2023 ​ ​ ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 8 ​ $ 40 ​ $ 930 ​ $ 40 ​ $ 938 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 154 ​ ​ 4,373 ​ ​ 40,871 ​ ​ 184,991 ​ ​ 41,025 ​ ​ 189,364 US Government agency ​ 43 ​ 2,627 ​ 13,847 ​ 67,729 ​ 13,890 ​ 70,356 Private label ​ 1 ​ 25 ​ 2,412 ​ 58,797 ​ 2,413 ​ 58,822 Obligations of states and political subdivisions thereof ​ 571 ​ 7,386 ​ 27,234 ​ 88,571 ​ 27,805 ​ 95,957 Corporate bonds ​ 1,079 ​ 6,921 ​ 9,579 ​ 80,918 ​ 10,658 ​ 87,839 Total securities available for sale ​ $ 1,848 ​ $ 21,340 ​ $ 93,983 ​ $ 481,936 ​ $ 95,831 ​ $ 503,276 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Less Than Twelve Months ​ Over Twelve Months ​ Total ​ Gross ​ ​ Gross ​ ​ Gross ​ ​ ​ ​ Unrealized ​ Fair ​ Unrealized ​ Fair ​ Unrealized ​ Fair (in thousands) ​ Losses ​ Value ​ Losses ​ Value ​ Losses ​ Value December 31, 2022 ​ ​ ​ ​ ​ ​ Debt securities: ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ 32 ​ $ 435 ​ $ 6 ​ $ 790 ​ $ 38 ​ $ 1,225 Mortgage-backed securities and collateralized mortgage obligations: ​ ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ 7,005 ​ ​ 82,483 ​ ​ 27,820 ​ ​ 127,745 ​ ​ 34,825 ​ ​ 210,228 US Government agency ​ 2,870 ​ 42,430 ​ 7,857 ​ 34,198 ​ 10,727 ​ 76,628 Private label ​ 841 ​ 15,694 ​ 3,095 ​ 44,396 ​ 3,936 ​ 60,090 Obligations of states and political subdivisions thereof ​ 7,990 ​ 48,799 ​ 13,361 ​ 55,702 ​ 21,351 ​ 104,501 Corporate bonds ​ 4,733 ​ 65,279 ​ 3,473 ​ 25,027 ​ 8,206 ​ 90,306 Total securities available for sale ​ $ 23,471 ​ $ 255,120 ​ $ 55,612 ​ $ 287,858 ​ $ 79,083 ​ $ 542,978

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, (in thousands) 2023 2022 Commercial construction ​ $ 147,423 ​ $ 117,577 Commercial real estate owner occupied ​ 282,717 ​ 244,814 Commercial real estate non-owner occupied ​ 1,168,877 ​ 1,146,674 Tax exempt ​ 44,247 ​ 42,879 Commercial and industrial ​ 306,279 ​ 297,112 Residential real estate ​ 947,339 ​ 954,968 Home equity ​ 88,064 ​ 90,865 Consumer other ​ 7,845 ​ 7,801 Total loans ​ 2,992,791 ​ 2,902,690 Allowance for credit losses ​ 28,011 ​ 25,860 Net loans ​ $ 2,964,780 ​ $ 2,876,830
Summary of Unamortized Net Costs and Premiums	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ December 31, (in thousands) 2023 2022 Net unamortized loan origination costs ​ $ 2,793 ​ $ 3,184 Net unamortized fair value discount on acquired loans ​ (3,042) ​ (3,506) Total ​ $ (249) ​ $ (322)
Schedule of Activity in the Allowance for Credit Losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Three Months Ended September 30, 2023 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 3,377 ​ $ — ​ $ — ​ $ 300 ​ $ 3,677 Commercial real estate owner occupied ​ 2,566 ​ — ​ — ​ (81) ​ 2,485 Commercial real estate non-owner occupied ​ 9,481 ​ — ​ — ​ 72 ​ 9,553 Tax exempt ​ 101 ​ — ​ — ​ (5) ​ 96 Commercial and industrial ​ 3,613 ​ — ​ 34 ​ 558 ​ 4,205 Residential real estate ​ 7,376 ​ — ​ 13 ​ (243) ​ 7,146 Home equity ​ 768 ​ — ​ 1 ​ (4) ​ 765 Consumer other ​ 80 ​ (74) ​ 2 ​ 76 ​ 84 Total ​ $ 27,362 ​ $ (74) ​ $ 50 ​ $ 673 ​ $ 28,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Nine Months Ended September 30, 2023 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 2,579 ​ $ — ​ $ — ​ $ 1,098 ​ $ 3,677 Commercial real estate owner occupied ​ 2,189 ​ — ​ 142 ​ 154 ​ 2,485 Commercial real estate non-owner occupied ​ 9,341 ​ — ​ — ​ 212 ​ 9,553 Tax exempt ​ 93 ​ — ​ — ​ 3 ​ 96 Commercial and industrial ​ 3,493 ​ (122) ​ 86 ​ 748 ​ 4,205 Residential real estate ​ 7,274 ​ (8) ​ 28 ​ (148) ​ 7,146 Home equity ​ 811 ​ (12) ​ 5 ​ (39) ​ 765 Consumer other ​ 80 ​ (199) ​ 10 ​ 193 ​ 84 Total ​ $ 25,860 ​ $ (341) ​ $ 271 ​ $ 2,221 ​ $ 28,011 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Three Months Ended September 30, 2022 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period ​ Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 1,010 ​ $ — ​ $ — ​ $ 213 ​ $ 1,223 Commercial real estate owner occupied ​ 2,722 ​ — ​ 7 ​ 132 ​ 2,861 Commercial real estate non-owner occupied ​ 7,361 ​ — ​ — ​ 610 ​ 7,971 Tax exempt ​ 105 ​ — ​ — ​ (11) ​ 94 Commercial and industrial ​ 4,820 ​ (8) ​ 20 ​ 290 ​ 5,122 Residential real estate ​ 6,806 ​ (11) ​ 6 ​ 85 ​ 6,886 Home equity ​ 865 ​ — ​ 2 ​ (76) ​ 791 Consumer other ​ 67 ​ (66) ​ 6 ​ 63 ​ 70 Total ​ $ 23,756 ​ $ (85) ​ $ 41 ​ $ 1,306 ​ $ 25,018 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At or for the Nine Months Ended Septembere 30, 2022 ​ ​ Balance at ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction ​ $ 2,111 ​ $ — ​ $ — ​ $ (888) ​ $ 1,223 Commercial real estate owner occupied ​ 2,751 ​ — ​ 120 ​ (10) ​ 2,861 Commercial real estate non-owner occupied ​ 5,650 ​ — ​ — ​ 2,321 ​ 7,971 Tax exempt ​ 86 ​ — ​ — ​ 8 ​ 94 Commercial and industrial ​ 5,369 ​ (14) ​ ​ 56 ​ (289) ​ 5,122 Residential real estate ​ 5,862 ​ (26) ​ 103 ​ 947 ​ 6,886 Home equity ​ 814 ​ (6) ​ 22 ​ (39) ​ 791 Consumer other ​ 75 ​ (181) ​ 9 ​ 167 ​ 70 Total ​ $ 22,718 ​ $ (227) ​ $ 310 ​ $ 2,217 ​ $ 25,018
Schedule of Loans by Risk Rating	The following table presents our loans by year of origination, loan segmentation and risk indicator as of September 30, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 6,693 ​ $ 94,911 ​ $ 40,320 ​ $ 4,567 ​ $ — ​ $ 932 ​ $ 147,423 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 6,693 ​ $ 94,911 ​ $ 40,320 ​ $ 4,567 ​ $ — ​ $ 932 ​ $ 147,423 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 47,571 ​ $ 52,647 ​ $ 30,018 ​ $ 20,830 ​ $ 22,548 ​ $ 93,129 ​ $ 266,743 Special mention ​ — ​ — ​ 7,486 ​ 1,634 ​ — ​ 3,127 ​ 12,247 Substandard ​ — ​ — ​ — ​ — ​ — ​ 3,603 ​ 3,603 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 124 ​ ​ 124 Total ​ $ 47,571 ​ $ 52,647 ​ $ 37,504 ​ $ 22,464 ​ $ 22,548 ​ $ 99,983 ​ $ 282,717 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate non-owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 32,985 ​ $ 348,087 ​ $ 213,568 ​ $ 135,429 ​ $ 80,171 ​ $ 270,271 ​ $ 1,080,511 Special mention ​ 7,835 ​ — ​ 13,516 ​ 28,146 ​ 15,750 ​ 8,774 ​ 74,021 Substandard ​ — ​ — ​ — ​ — ​ — ​ 14,214 ​ 14,214 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 131 ​ ​ 131 Total ​ $ 40,820 ​ $ 348,087 ​ $ 227,084 ​ $ 163,575 ​ $ 95,921 ​ $ 293,390 ​ $ 1,168,877 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax exempt ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 2,672 ​ $ 12,128 ​ $ 812 ​ $ 209 ​ $ 597 ​ $ 27,829 ​ $ 44,247 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 2,672 ​ $ 12,128 ​ $ 812 ​ $ 209 ​ $ 597 ​ $ 27,829 ​ $ 44,247 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 57,318 ​ $ 77,033 ​ $ 23,295 ​ $ 41,034 ​ $ 17,732 ​ $ 81,740 ​ $ 298,152 Special mention ​ 374 ​ 1,306 ​ — ​ 7 ​ 35 ​ 3,746 ​ 5,468 Substandard ​ 59 ​ 99 ​ 191 ​ 117 ​ 105 ​ 611 ​ 1,182 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 88 ​ ​ 1,389 ​ ​ 1,477 Total ​ $ 57,751 ​ $ 78,438 ​ $ 23,486 ​ $ 41,158 ​ $ 17,960 ​ $ 87,486 ​ $ 306,279 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 5 ​ ​ 117 ​ ​ 122 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2023 ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ Prior ​ Total Residential real estate ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 58,083 ​ $ 196,017 ​ $ 168,614 ​ $ 98,218 ​ $ 64,181 ​ $ 358,368 ​ $ 943,481 Nonperforming ​ — ​ — ​ 42 ​ — ​ 238 ​ 3,578 ​ 3,858 Total ​ $ 58,083 ​ $ 196,017 ​ $ 168,656 ​ $ 98,218 ​ $ 64,419 ​ $ 361,946 ​ $ 947,339 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 8 ​ ​ 8 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 10,163 ​ $ 16,491 ​ $ 8,886 ​ $ 6,634 ​ $ 4,775 ​ $ 40,489 ​ $ 87,438 Nonperforming ​ — ​ — ​ — ​ — ​ — ​ 626 ​ 626 Total ​ $ 10,163 ​ $ 16,491 ​ $ 8,886 ​ $ 6,634 ​ $ 4,775 ​ $ 41,115 ​ $ 88,064 Current period gross write-offs ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 12 ​ ​ 12 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer other ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 3,556 ​ $ 2,061 ​ $ 836 ​ $ 419 ​ $ 72 ​ $ 892 ​ $ 7,836 Nonperforming ​ — ​ — ​ 4 ​ 5 ​ — ​ — ​ 9 Total ​ $ 3,556 ​ $ 2,061 ​ $ 840 ​ $ 424 ​ $ 72 ​ $ 892 ​ $ 7,845 Current period gross write-offs ​ ​ — ​ ​ 52 ​ ​ 8 ​ ​ 2 ​ ​ — ​ ​ 136 ​ ​ 198 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ $ 227,309 ​ $ 800,780 ​ $ 507,588 ​ $ 337,249 ​ $ 206,292 ​ $ 913,573 ​ $ 2,992,791 ​ ​ The following table presents our loans by year of origination, loan segmentation and risk indicator as of December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ 2018 ​ Prior ​ Total Commercial construction ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 49,722 ​ $ 38,837 ​ $ 2,865 ​ $ 1,011 ​ $ 964 ​ $ — ​ $ 93,399 Special mention ​ — ​ — ​ 24,178 ​ — ​ — ​ — ​ 24,178 Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 49,722 ​ $ 38,837 ​ $ 27,043 ​ $ 1,011 ​ $ 964 ​ $ — ​ $ 117,577 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 22,371 ​ $ 11,290 ​ $ 23,014 ​ $ 31,352 ​ $ 46,398 ​ $ 103,295 ​ $ 237,720 Special mention ​ — ​ — ​ 243 ​ 666 ​ 173 ​ 1,870 ​ 2,952 Substandard ​ — ​ — ​ — ​ — ​ 77 ​ 3,924 ​ 4,001 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 141 ​ ​ 141 Total ​ $ 22,371 ​ $ 11,290 ​ $ 23,257 ​ $ 32,018 ​ $ 46,648 ​ $ 109,230 ​ $ 244,814 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate non-owner occupied ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 370,856 ​ $ 228,414 ​ $ 145,096 ​ $ 88,111 ​ $ 35,213 ​ $ 238,395 ​ $ 1,106,085 Special mention ​ — ​ 21,390 ​ — ​ 127 ​ 911 ​ 16,612 ​ 39,040 Substandard ​ — ​ — ​ — ​ — ​ — ​ 1,404 ​ 1,404 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 145 ​ ​ 145 Total ​ $ 370,856 ​ $ 249,804 ​ $ 145,096 ​ $ 88,238 ​ $ 36,124 ​ $ 256,556 ​ $ 1,146,674 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax exempt ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 8,686 ​ $ 1,020 ​ $ 252 ​ $ 772 ​ $ 13,231 ​ $ 18,918 ​ $ 42,879 Special mention ​ — ​ — ​ — ​ — ​ — ​ — ​ — Substandard ​ — ​ — ​ — ​ — ​ — ​ — ​ — Total ​ $ 8,686 ​ $ 1,020 ​ $ 252 ​ $ 772 ​ $ 13,231 ​ $ 18,918 ​ $ 42,879 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial and industrial ​ ​ ​ ​ ​ ​ ​ Risk rating: ​ ​ ​ ​ ​ ​ ​ Pass ​ $ 83,151 ​ $ 26,948 ​ $ 62,835 ​ $ 27,491 ​ $ 9,511 ​ $ 81,316 ​ $ 291,252 Special mention ​ 1,450 ​ — ​ 53 ​ 803 ​ 201 ​ 619 ​ 3,126 Substandard ​ — ​ 113 ​ 111 ​ 65 ​ 299 ​ 2,106 ​ 2,694 Doubtful ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ 40 ​ ​ 40 Total ​ $ 84,601 ​ $ 27,061 ​ $ 62,999 ​ $ 28,359 ​ $ 10,011 ​ $ 84,081 ​ $ 297,112 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ 2022 ​ 2021 ​ 2020 ​ 2019 ​ 2018 ​ Prior ​ Total Residential real estate ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 195,320 ​ $ 177,480 ​ $ 111,021 ​ $ 69,170 ​ $ 47,797 ​ $ 349,795 ​ $ 950,583 Nonperforming ​ — ​ 45 ​ — ​ 49 ​ 641 ​ 3,650 ​ 4,385 Total ​ $ 195,320 ​ $ 177,525 ​ $ 111,021 ​ $ 69,219 ​ $ 48,438 ​ $ 353,445 ​ $ 954,968 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Home equity ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 17,107 ​ $ 10,638 ​ $ 8,139 ​ $ 6,830 ​ $ 6,997 ​ $ 40,191 ​ $ 89,902 Nonperforming ​ — ​ — ​ — ​ — ​ — ​ 963 ​ 963 Total ​ $ 17,107 ​ $ 10,638 ​ $ 8,139 ​ $ 6,830 ​ $ 6,997 ​ $ 41,154 ​ $ 90,865 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consumer other ​ ​ ​ ​ ​ ​ ​ Performing ​ $ 4,321 ​ $ 1,341 ​ $ 863 ​ $ 265 ​ $ 64 ​ $ 942 ​ $ 7,796 Nonperforming ​ — ​ — ​ 5 ​ — ​ — ​ — ​ 5 Total ​ $ 4,321 ​ $ 1,341 ​ $ 868 ​ $ 265 ​ $ 64 ​ $ 942 ​ $ 7,801 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Loans ​ $ 752,984 ​ $ 517,516 ​ $ 378,675 ​ $ 226,712 ​ $ 162,477 ​ $ 864,326 ​ $ 2,902,690
Summary of Past Due Loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 147,423 ​ $ 147,423 Commercial real estate owner occupied ​ 246 ​ — ​ — ​ 246 ​ 282,471 ​ 282,717 Commercial real estate non-owner occupied ​ — ​ 115 ​ 871 ​ 986 ​ 1,167,891 ​ 1,168,877 Tax exempt ​ — ​ — ​ — ​ — ​ 44,247 ​ 44,247 Commercial and industrial ​ 45 ​ — ​ 158 ​ 203 ​ 306,076 ​ 306,279 Residential real estate ​ 2,227 ​ 690 ​ 2,103 ​ 5,020 ​ 942,319 ​ 947,339 Home equity ​ 479 ​ 99 ​ 195 ​ 773 ​ 87,291 ​ 88,064 Consumer other ​ 22 ​ 8 ​ 3 ​ 33 ​ 7,812 ​ 7,845 Total ​ $ 3,019 ​ $ 912 ​ $ 3,330 ​ $ 7,261 ​ $ 2,985,530 ​ $ 2,992,791 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ 117,577 ​ $ 117,577 Commercial real estate owner occupied ​ 385 ​ — ​ — ​ 385 ​ 244,429 ​ 244,814 Commercial real estate non-owner occupied ​ 45 ​ 145 ​ 139 ​ 329 ​ 1,146,345 ​ 1,146,674 Tax exempt ​ — ​ — ​ — ​ — ​ 42,879 ​ 42,879 Commercial and industrial ​ 169 ​ — ​ 9 ​ 178 ​ 296,934 ​ 297,112 Residential real estate ​ 803 ​ 348 ​ 2,029 ​ 3,180 ​ 951,788 ​ 954,968 Home equity ​ 216 ​ 160 ​ 246 ​ 622 ​ 90,243 ​ 90,865 Consumer other ​ 41 ​ 8 ​ — ​ 49 ​ 7,752 ​ 7,801 Total ​ $ 1,659 ​ $ 661 ​ $ 2,423 ​ $ 4,743 ​ $ 2,897,947 ​ $ 2,902,690
Summary of Non-Accrual Loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ ​ Nonaccrual With No ​ 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 111 ​ 108 ​ — Commercial real estate non-owner occupied ​ 570 ​ 449 ​ 749 Tax exempt ​ — ​ — ​ — Commercial and industrial ​ 1,596 ​ 8 ​ — Residential real estate ​ 3,858 ​ 1,299 ​ 159 Home equity ​ 626 ​ 1 ​ 51 Consumer other ​ 9 ​ — ​ — Total ​ $ 6,770 ​ $ 1,865 ​ $ 959 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ Nonaccrual With No ​ 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 439 ​ 360 ​ — Commercial real estate non-owner occupied ​ 550 ​ 411 ​ — Tax exempt ​ — ​ — ​ — Commercial and industrial ​ 207 ​ 145 ​ — Residential real estate ​ 4,385 ​ 1,361 ​ 202 Home equity ​ 963 ​ 57 ​ 14 Consumer other ​ 5 ​ — ​ — Total ​ $ 6,549 ​ $ 2,334 ​ $ 216
Schedule of amortized cost basis of collateral-dependent loans	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 (in thousands) Real Estate Other Real Estate Other Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — Commercial real estate owner occupied ​ 111 ​ — ​ 439 ​ — Commercial real estate non-owner occupied ​ 570 ​ — ​ 550 ​ — Tax exempt ​ — ​ — ​ — ​ — Commercial and industrial ​ 258 ​ 1,338 ​ 91 ​ 116 Residential real estate ​ 3,858 ​ — ​ 4,385 ​ — Home equity ​ 626 ​ — ​ 963 ​ — Consumer other ​ 9 ​ — ​ 5 ​ — Total ​ $ 5,432 ​ $ 1,338 ​ $ 6,433 ​ $ 116
Schedule of amortized cost basis of of loans experiencing financial difficulty and modification	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Principal Forgiveness ​ Payment Delay ​ Term Extension ​ Interest Rate Reduction ​ Combination Interest Rate Reduction and Term Extension ​ % of Total Class of Loans Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ — % Commercial real estate owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial real estate non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Tax exempt ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial and industrial ​ — ​ 66 ​ — ​ — ​ — ​ 0.02 ​ Residential real estate ​ — ​ — ​ — ​ — ​ — ​ — ​ Home equity ​ — ​ — ​ — ​ — ​ — ​ — ​ Consumer other ​ — ​ — ​ — ​ — ​ — ​ — ​ Total ​ $ — ​ $ 66 ​ $ — ​ $ — ​ $ — ​ 0.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ $ — ​ $ — ​ $ — ​ $ — ​ $ — ​ — % Commercial real estate owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial real estate non-owner occupied ​ — ​ — ​ — ​ — ​ — ​ — ​ Tax exempt ​ — ​ — ​ — ​ — ​ — ​ — ​ Commercial and industrial ​ — ​ 66 ​ 1,387 ​ — ​ — ​ 0.47 ​ Residential real estate ​ — ​ — ​ — ​ 100 ​ — ​ 0.01 ​ Home equity ​ — ​ — ​ — ​ — ​ — ​ — ​ Consumer other ​ — ​ — ​ — ​ — ​ — ​ — ​ Total ​ $ — ​ $ 66 ​ $ 1,387 ​ $ 100 ​ $ — ​ 0.05 %
Schedule of Financial Effect Loan Modifications	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Weighted-Average Months of Payment Delay ​ Weighted-Average Months of Term Extension ​ ​ Weighted-Average Interest Rate Reduction Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ ​ — ​ ​ — ​ ​ — % Commercial real estate owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Commercial real estate non-owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Tax exempt ​ ​ — ​ ​ — ​ ​ — ​ Commercial and industrial ​ ​ 3.00 ​ ​ 3.82 ​ ​ 3.75 ​ Residential real estate ​ ​ — ​ ​ — ​ ​ 1.38 ​ Home equity ​ ​ — ​ ​ — ​ ​ — ​ Consumer other ​ ​ — ​ ​ — ​ ​ — ​ Total ​ ​ 3.00 ​ ​ 3.82 ​ ​ 5.13 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial construction ​ ​ — ​ ​ — ​ ​ — % Commercial real estate owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Commercial real estate non-owner occupied ​ ​ — ​ ​ — ​ ​ — ​ Tax exempt ​ ​ — ​ ​ — ​ ​ — ​ Commercial and industrial ​ ​ 3.00 ​ ​ 3.82 ​ ​ 3.75 ​ Residential real estate ​ ​ — ​ ​ — ​ ​ 1.38 ​ Home equity ​ ​ — ​ ​ — ​ ​ — ​ Consumer other ​ ​ — ​ ​ — ​ ​ — ​ Total ​ ​ 3.00 ​ ​ 3.82 ​ ​ 5.13 %
Unfunded Loan Commitment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Activity in the Allowance for Credit Losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Beginning Balance ​ $ 3,780 ​ $ 3,910 ​ $ 2,523 ​ $ 2,152 Provision for credit losses ​ 44 ​ (86) ​ (26) ​ 345 Ending Balance ​ $ 3,824 ​ $ 3,824 ​ $ 2,497 ​ $ 2,497 ​

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	9 Months Ended
	Sep. 30, 2023
BORROWED FUNDS
Schedule of Borrowed Funds	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Weighted ​ (dollars in thousands) Carrying Value Average Rate ​ Carrying Value Average Rate Short-term borrowings ​ ​ ​ ​ ​ ​ ​ Advances from the FHLB ​ $ 295,000 5.53 % ​ $ 318,000 3.84 % Other borrowings ​ 9,489 0.16 ​ ​ 13,369 0.13 ​ Total short-term borrowings ​ 304,489 3.20 ​ ​ 331,369 2.20 ​ Long-term borrowings ​ ​ ​ ​ Advances from the FHLB ​ 2,581 0.38 ​ ​ 2,588 0.48 ​ Subordinated borrowings ​ 60,422 6.19 ​ ​ 60,289 4.95 ​ Total long-term borrowings ​ 63,003 5.95 ​ ​ 62,877 4.76 ​ Total ​ $ 367,492 3.50 % ​ $ 394,246 2.45 %
Summary of Maturities of FHLB Advances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted Average (in thousands, except rates) ​ Amount ​ Rate 2023 ​ $ 295,000 5.53 % 2024 ​ 2,300 — ​ 2025 ​ — — ​ 2026 ​ — — ​ 2027 ​ — — ​ Thereafter ​ 281 3.52 ​ Total FHLB advances ​ $ 297,581 5.48 %
Schedule of Repurchase Agreements	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2023 ​ December 31, 2022 Customer Repurchase Agreements ​ ​ US Government-sponsored enterprises ​ $ 9,489 ​ $ 13,369 Total ​ $ 9,489 ​ $ 13,369 ​

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2023
DEPOSITS.
Summary of Time Deposits	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 December 31, 2022 Time less than $100,000 ​ $ 358,703 ​ $ 157,263 Time $100,000 through $250,000 ​ 154,125 ​ 118,655 Time $250,000 or more ​ 145,654 ​ 47,521 Total ​ $ 658,482 ​ $ 323,439
Time Deposit Maturities	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 ​ December 31, 2022 Within 1 year ​ $ 550,775 ​ $ 262,338 Over 1 year to 2 years ​ 93,779 ​ 37,937 Over 2 years to 3 years ​ 7,719 ​ 12,936 Over 3 years to 4 years ​ 3,735 ​ 5,410 Over 4 years to 5 years ​ 2,287 ​ 4,319 Over 5 years ​ 187 ​ 499 Total ​ $ 658,482 ​ $ 323,439

CAPITAL RATIOS AND SHAREHOLDE_2

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2023
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY
Schedule of Actual and Required Capital Ratios	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Regulatory ​ ​ ​ Actual ​ Capital Requirements ​ (in thousands, except ratios) Amount Ratio ​ Amount Ratio ​ Company (consolidated) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 443,482 ​ 13.86 % ​ $ 255,967 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 351,029 ​ 10.97 ​ ​ 143,981 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 371,649 ​ 11.62 ​ ​ 191,976 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 371,649 ​ 9.45 ​ ​ 157,333 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 434,770 ​ 13.60 % ​ $ 257,232 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 402,937 ​ 12.61 ​ ​ 144,594 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 402,937 ​ 12.61 ​ ​ 192,792 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 402,937 ​ 10.25 ​ ​ 154,761 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ Minimum Regulatory ​ ​ ​ Actual ​ Capital Requirements ​ (in thousands, except ratios) Amount Ratio ​ Amount Ratio ​ Company (consolidated) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 416,900 ​ 13.50 % ​ $ 247,041 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 326,513 ​ 10.57 ​ ​ 138,960 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 347,133 ​ 11.24 ​ ​ 185,281 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 347,133 ​ 9.21 ​ ​ 150,772 ​ 4.00 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital to risk-weighted assets ​ $ 410,053 ​ 13.29 % ​ $ 246,812 ​ 8.00 % Common equity tier 1 capital to risk-weighted assets ​ 380,286 ​ 12.33 ​ ​ 138,832 ​ 4.50 ​ Tier 1 capital to risk-weighted assets ​ 380,286 ​ 12.33 ​ ​ 185,110 ​ 6.00 ​ Tier 1 capital to average assets (leverage ratio) ​ 380,286 ​ 10.10 ​ ​ 150,655 ​ 4.00 ​
Schedule of Components of Accumulated Other Comprehensive Loss	​ ​ ​ ​ ​ ​ ​ ​ (in thousands) September 30, 2023 December 31, 2022 Accumulated other comprehensive loss, before tax: ​ ​ Net unrealized loss on AFS securities ​ $ (86,469) ​ $ (71,832) Net unrealized loss on hedging derivatives ​ (4,640) ​ (2,333) Net unrealized loss on post-retirement plans ​ (1,675) ​ (1,691) ​ ​ ​ ​ ​ ​ ​ Income taxes related to items of accumulated other comprehensive loss: ​ ​ Net unrealized loss on AFS securities ​ 19,939 ​ 16,586 Net unrealized loss on hedging derivatives ​ 1,070 ​ 539 Net unrealized loss on post-retirement plans ​ 375 ​ 391 Accumulated other comprehensive loss ​ $ (71,400) ​ $ (58,340)
Schedule of Components of Other Comprehensive Income (Loss)	The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2023 and 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2023 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (14,586) ​ $ 3,363 ​ $ (11,223) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on AFS securities ​ (14,586) ​ 3,363 ​ (11,223) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (3,395) ​ 782 ​ (2,613) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (3,395) ​ 782 ​ (2,613) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (17,981) ​ $ 4,145 ​ $ (13,836) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (26,889) ​ $ 6,512 ​ $ (20,377) Less: reclassification adjustment for gains (losses) realized in net income ​ 44 ​ (10) ​ 34 Net unrealized loss on AFS securities ​ (26,933) ​ 6,522 ​ (20,411) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (1,568) ​ 361 ​ (1,207) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (1,568) ​ 361 ​ (1,207) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (28,501) ​ $ 6,883 ​ $ (21,618) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2023 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (14,603) ​ $ 3,345 ​ $ (11,258) Less: reclassification adjustment for gains realized in net income ​ 34 ​ (8) ​ 26 Net unrealized loss on AFS securities ​ (14,637) ​ 3,353 ​ (11,284) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ ​ Net unrealized loss arising during the period ​ (2,307) ​ 531 ​ (1,776) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on hedging derivatives ​ (2,307) ​ 531 ​ (1,776) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (16,944) ​ $ 3,884 ​ $ (13,060) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ ​ Net unrealized loss on AFS securities: ​ ​ ​ Net unrealized loss arising during the period ​ $ (79,133) ​ $ 18,474 ​ $ (60,659) Less: reclassification adjustment for gains realized in net income ​ 53 ​ (12) ​ 41 Net unrealized loss on AFS securities ​ (79,186) ​ 18,486 ​ (60,700) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized loss on hedging derivatives: ​ ​ ​ Net unrealized loss arising during the period ​ (5,446) ​ 1,254 ​ (4,192) Less: reclassification adjustment for gains (losses) realized in net income ​ — ​ — ​ — Net unrealized loss on cash flow hedging derivatives ​ (5,446) ​ 1,254 ​ (4,192) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive loss ​ $ (84,632) ​ $ 19,740 ​ $ (64,892)
Schedule of Changes in Components of Accumulated Other Comprehensive Income (Loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net unrealized Net gain (loss) on Net unrealized ​ ​ ​ ​ gain (loss) ​ effective cash ​ loss ​ ​ ​ ​ ​ on AFS ​ flow hedging ​ on pension ​ ​ ​ (in thousands) ​ Securities ​ derivatives ​ plans ​ Total Three Months Ended September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (55,307) ​ $ (957) ​ $ (1,300) ​ $ (57,564) Other comprehensive loss before reclassifications ​ (11,223) ​ (2,613) ​ — ​ (13,836) Less: amounts reclassified from accumulated other comprehensive income ​ — ​ — ​ — ​ — Total other comprehensive loss ​ (11,223) ​ (2,613) ​ — ​ (13,836) Balance at end of period ​ $ (66,530) ​ $ (3,570) ​ $ (1,300) ​ $ (71,400) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (38,304) ​ $ (2,115) ​ $ (552) ​ $ (40,971) Other comprehensive loss before reclassifications ​ (20,377) ​ (1,207) ​ — ​ (21,584) Less: amounts reclassified from accumulated other comprehensive income ​ 34 ​ — ​ — ​ 34 Total other comprehensive loss ​ (20,411) ​ (1,207) ​ — ​ (21,618) Balance at end of period ​ $ (58,715) ​ $ (3,322) ​ $ (552) ​ $ (62,589) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ ​ ​ ​ Balance at beginning of period ​ $ (55,246) ​ $ (1,794) ​ $ (1,300) ​ $ (58,340) Other comprehensive loss before reclassifications ​ (11,258) ​ (1,776) ​ — ​ (13,034) Less: amounts reclassified from accumulated other comprehensive income ​ 26 ​ — ​ — ​ 26 Total other comprehensive loss ​ (11,284) ​ (1,776) ​ — ​ (13,060) Balance at end of period ​ $ (66,530) ​ $ (3,570) ​ $ (1,300) ​ $ (71,400) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at beginning of period ​ $ 1,985 ​ $ 870 ​ $ (552) ​ $ 2,303 Other comprehensive loss before reclassifications ​ (60,659) ​ (4,192) ​ — ​ (64,851) Less: amounts reclassified from accumulated other comprehensive income ​ 41 ​ — ​ — ​ 41 Total other comprehensive loss ​ (60,700) ​ (4,192) ​ — ​ (64,892) Balance at end of period ​ $ (58,715) ​ $ (3,322) ​ $ (552) ​ $ (62,589) ​ ​
Reclassification out of Accumulated Other Comprehensive Income (Loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ ​ Affected Line Item where (in thousands) 2023 2022 2023 2022 Net Income is Presented Net realized gains on AFS securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Before tax ​ $ — ​ $ 44 ​ $ 34 ​ $ 53 ​ Non-interest income Tax effect ​ — ​ (10) ​ (8) ​ (12) ​ Tax expense Total reclassifications for the period ​ $ — ​ $ 34 ​ $ 26 ​ $ 41 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, ​ ​ Affected Line Item where (in thousands) 2023 2022 2023 2022 Net Income is Presented Net realized loss on hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Before tax ​ $ — ​ $ — ​ $ — ​ $ — ​ Non-interest income Tax effect ​ — ​ — ​ — ​ — ​ Tax expense Total reclassifications for the period ​ $ — ​ $ — ​ $ — ​ $ — ​ ​ ​

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2023
EARNINGS PER SHARE
Schedule of Earnings Per Share	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ ​ September 30, ​ September 30, (in thousands, except per share and share data) 2023 2022 2023 2022 Net income ​ $ 11,104 ​ $ 11,430 ​ $ 34,907 ​ $ 31,045 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Average number of basic common shares outstanding ​ 15,155,457 ​ 15,057,598 ​ 15,134,954 ​ 15,028,963 Plus: dilutive effect of stock options and awards outstanding ​ 40,067 ​ 55,757 ​ 53,765 ​ 71,317 Average number of diluted common shares outstanding (1) ​ 15,195,524 ​ 15,113,355 ​ 15,188,719 ​ 15,100,280 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Earnings per share: ​ ​ ​ ​ Basic ​ $ 0.73 ​ $ 0.76 ​ $ 2.31 ​ $ 2.07 Diluted ​ ​ 0.73 ​ ​ 0.76 ​ ​ 2.30 ​ ​ 2.06 (1) Average diluted shares outstanding are computed using the treasury stock method.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2023
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
Schedule of Information About Derivative Assets and Liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Notional ​ Average ​ Fair Value ​ Location Fair ​ ​ Amount ​ Maturity ​ Asset (Liability) Value Asset ​ (in thousands) (in years) (in thousands) (Liability) Cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale fundings ​ $ 75,000 ​ 1.3 ​ $ 3,955 ​ Other assets Interest rate swap on variable rate loans ​ ​ 50,000 ​ ​ 2.5 ​ ​ (4,707) ​ Other liabilities Total cash flow hedges ​ 125,000 ​ ​ ​ ​ (752) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ 37,190 ​ 5.8 ​ 5,416 ​ Other assets Total fair value hedges ​ 37,190 ​ ​ ​ ​ 5,416 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward sale commitments ​ 6,425 ​ — ​ 47 ​ Other assets Customer Loan Swaps-MNA Counterparty ​ ​ 183,510 ​ ​ 5.1 ​ ​ (22,226) ​ Other liabilities Customer Loan Swaps-RPA Counterparty ​ ​ 119,000 ​ ​ 5.4 ​ ​ — ​ Other liabilities Customer Loan Swaps-Customer ​ ​ 302,510 ​ ​ 5.2 ​ ​ 22,226 ​ Other assets Total economic hedges ​ 611,445 ​ ​ ​ ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ 4,920 ​ 0.1 ​ 25 ​ Other assets Total non-hedging derivatives ​ 4,920 ​ ​ ​ ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 778,555 ​ ​ ​ ​ $ 4,736 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Notional ​ Average ​ Fair Value ​ Location Fair ​ ​ Amount ​ Maturity ​ Asset (Liability) Value Asset ​ (in thousands) (in years) (in thousands) (Liability) Cash flow hedges: ​ ​ ​ ​ ​ Interest rate swap on wholesale fundings ​ $ 75,000 ​ 2.0 ​ $ 4,978 ​ Other assets Interest rate swap on variable rate loans ​ ​ 50,000 ​ ​ 3.2 ​ ​ (4,941) ​ Other liabilities Total cash flow hedges ​ 125,000 ​ ​ ​ ​ 37 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ 37,190 ​ 6.6 ​ 4,774 ​ Other assets Total fair value hedges ​ 37,190 ​ ​ ​ ​ 4,774 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward sale commitments ​ ​ — ​ — ​ — ​ Other assets Customer Loan Swaps-MNA Counterparty ​ ​ 191,987 ​ ​ 5.8 ​ ​ (20,287) ​ Other liabilities Customer Loan Swaps-RPA Counterparty ​ ​ 113,928 ​ ​ 6.0 ​ ​ — ​ Other liabilities Customer Loan Swaps-Customer ​ ​ 305,914 ​ ​ 5.9 ​ ​ 20,287 ​ Other assets Total economic hedges ​ 611,829 ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — ​ — ​ — ​ Other assets Total non-hedging derivatives ​ — ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ 774,019 ​ ​ ​ ​ $ 4,811 ​ ​
Schedule of Amounts Recorded On The Balance Sheet	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cumulative Amount of Fair ​ ​ Location of Hedged Item on ​ Carrying Amount of Hedged ​ Value Hedging Adjustment in ​ Balance Sheet Assets Carrying Amount September 30, 2023 ​ ​ Interest rate swap on securities Securities available for sale ​ $ 27,887 ​ $ (9,303) ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Interest rate swap on securities Securities available for sale ​ $ 30,045 ​ $ (7,145) ​
Schedule of Derivative Instruments Gain (Loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) Income Comprehensive Income Income Income in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ (564) ​ Interest expense ​ $ — Interest expense ​ $ 816 Interest rate swap on variable rate loans ​ ​ 48 ​ Interest income ​ ​ — ​ Interest income ​ ​ (578) Total cash flow hedges ​ (516) ​ ​ — ​ 238 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (2,096) Interest income ​ — Interest income ​ 369 Total fair value hedges ​ (2,096) ​ ​ — ​ 369 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ (2) Total economic hedges ​ — ​ ​ — ​ (2) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other expense ​ — Mortgage banking income ​ 24 Total non-hedging derivatives ​ — ​ ​ — ​ 24 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (2,612) ​ ​ ​ $ — ​ $ 629 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) ​ Income ​ Comprehensive Income ​ Income ​ Income ​ in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ 1,262 Interest expense ​ $ — Interest expense ​ $ 140 Interest rate swap on variable rate loans ​ ​ (1,181) ​ Interest income ​ ​ — ​ Interest income ​ ​ (238) Total cash flow hedges ​ ​ 81 ​ ​ ​ — ​ ​ (98) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (1,287) Interest income ​ — Interest income ​ 155 Total economic hedges ​ ​ (1,287) ​ ​ ​ — ​ 155 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ 19 Total economic hedges ​ ​ — ​ ​ ​ — ​ 19 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other income ​ — Mortgage banking income ​ (50) Total non-hedging derivatives ​ ​ — ​ ​ ​ — ​ (50) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (1,206) ​ $ — ​ $ 26 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) Income Comprehensive Income Income Income in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ (786) ​ Interest expense ​ $ — Interest expense ​ $ 2,225 Interest rate swap on variable rate loans ​ ​ 178 ​ Interest income ​ ​ — ​ Interest income ​ ​ (1,575) Total cash flow hedges ​ (608) ​ ​ — ​ 650 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (1,168) Interest income ​ — Interest income ​ 985 Total fair value hedges ​ (1,168) ​ ​ — ​ 985 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ 47 Total economic hedges ​ — ​ ​ — ​ 47 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other expense ​ — Mortgage banking income ​ (79) Total non-hedging derivatives ​ — ​ ​ — ​ (79) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (1,776) ​ ​ ​ $ — ​ $ 1,603 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ Amount of ​ Amount of ​ ​ ​ ​ Gain (Loss) ​ ​ ​ Gain (Loss) ​ ​ ​ ​ ​ ​ Recognized in ​ ​ ​ Reclassified ​ Location of ​ Amount of ​ ​ Other ​ Location of Gain (Loss) ​ from Other ​ Gain (Loss) ​ Gain (Loss) ​ ​ Comprehensive ​ Reclassified from Other ​ Comprehensive ​ Recognized in ​ Recognized (in thousands) ​ Income ​ Comprehensive Income ​ Income ​ Income ​ in Income Cash flow hedges: ​ ​ ​ Interest rate swap on wholesale funding ​ $ 4,058 Interest expense ​ $ — Interest expense ​ $ (1) Interest rate swap on variable rate loans ​ ​ (3,489) ​ Interest income ​ ​ — ​ Interest income ​ ​ (239) Total cash flow hedges ​ ​ 569 ​ ​ ​ — ​ ​ (240) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value hedges: ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ (4,761) Interest income ​ — Interest income ​ (48) Total economic hedges ​ ​ (4,761) ​ ​ ​ — ​ (48) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ — Other income ​ — Mortgage banking income ​ (7) Total economic hedges ​ ​ — ​ ​ ​ — ​ (7) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-hedging derivatives: ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ — Other income ​ — Mortgage banking income ​ (283) Total non-hedging derivatives ​ ​ — ​ ​ ​ — ​ (283) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ $ (4,192) ​ $ — ​ $ (578)
Schedule of Gain Loss in Statement of Income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2023 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 38,412 ​ $ 6,723 ​ $ 11,415 ​ $ 4,534 ​ $ 8,815 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 816 ​ ​ — Interest rate swap on variable rate loans ​ (578) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 369 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 27,940 ​ $ 5,145 ​ $ 1,801 ​ $ 1,374 ​ $ 8,823 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 140 ​ ​ — Interest rate swap on variable rate loans ​ (238) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 155 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 109,889 ​ $ 18,478 ​ $ 25,270 ​ $ 14,215 ​ $ 26,979 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ 2,225 ​ ​ — Interest rate swap on variable rate loans ​ (1,575) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ 985 ​ ​ — ​ ​ — ​ ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ Interest and Dividend Income ​ Interest Expense ​ ​ ​ (in thousands) Loans ​ Securities and other Deposits ​ Borrowings Non-interest Income Income and expense line items presented in the consolidated statements of income $ 75,192 ​ $ 13,178 ​ $ 4,185 ​ $ 3,458 ​ $ 27,093 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The effects of cash flow and fair value hedging: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on cash flow hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on wholesale funding ​ ​ — ​ ​ — ​ ​ — ​ ​ (1) ​ ​ — Interest rate swap on variable rate loans ​ (239) ​ ​ — ​ — ​ ​ — ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gain (loss) on fair value hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate swap on securities ​ ​ — ​ ​ (48) ​ ​ — ​ ​ — ​ ​ —
Schedule of derivatives no designated as hedging instruments on the consolidated statements of income	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Location of Gain (Loss) Recognized ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (In thousands) ​ in Non-interest Income ​ 2023 ​ ​ 2022 ​ 2023 ​ ​ 2022 Derivatives not designated as hedging instruments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Economic hedges: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward commitments ​ Mortgage banking income ​ $ (2) ​ $ 19 ​ $ 47 ​ $ (7) Non-hedging derivatives: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest rate lock commitments ​ Mortgage banking income ​ ​ 24 ​ ​ (50) ​ ​ (79) ​ ​ (283)
Schedule of Offsetting Liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Amounts Offset in the Consolidated Balance Sheet ​ ​ Derivative ​ ​ ​ Cash Collateral ​ ​ ​ (in thousands) Liabilities Derivative Assets Pledged Net Amount As of September 30, 2023 ​ ​ ​ ​ ​ ​ ​ ​ Customer Loan Derivatives: ​ ​ ​ ​ MNA counterparty ​ $ (22,226) ​ $ 22,226 ​ $ — ​ $ — RPA counterparty ​ — ​ — ​ — ​ — Total ​ $ (22,226) ​ $ 22,226 ​ $ — ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross Amounts Offset in the Consolidated Balance Sheet ​ ​ Derivative ​ ​ ​ Cash Collateral ​ ​ ​ (in thousands) Liabilities Derivative Assets Pledged Net Amount As of December 31, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Customer Loan Derivatives: ​ ​ ​ ​ MNA counterparty ​ $ (20,287) ​ $ 20,287 ​ $ — ​ $ — RPA counterparty ​ — ​ — ​ — ​ — Total ​ $ (20,287) ​ $ 20,287 ​ $ — ​ $ —

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2023
FAIR VALUE MEASUREMENTS
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ Level 1 Level 2 Level 3 Total (in thousands) ​ Inputs ​ Inputs ​ Inputs ​ Fair Value Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 2,179 ​ $ — ​ $ 2,179 Mortgage-backed securities: ​ ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ — ​ ​ 189,723 ​ ​ — ​ ​ 189,723 US Government agency ​ — ​ 70,434 ​ — ​ 70,434 Private label ​ — ​ 58,845 ​ — ​ 58,845 Obligations of states and political subdivisions thereof ​ — ​ 97,408 ​ — ​ 97,408 Corporate bonds ​ — ​ 90,864 ​ — ​ 90,864 Loans held for sale ​ ​ — ​ ​ 2,016 ​ ​ — ​ ​ 2,016 Derivative assets ​ — ​ 31,644 ​ 25 ​ 31,669 Derivative liabilities ​ — ​ (26,933) ​ — ​ (26,933) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ Level 1 Level 2 Level 3 Total (in thousands) ​ Inputs ​ Inputs ​ Inputs ​ Fair Value Available for sale securities: ​ ​ ​ ​ ​ ​ ​ ​ Obligations of US Government-sponsored enterprises ​ $ — ​ $ 2,660 ​ $ — ​ $ 2,660 Mortgage-backed securities: ​ ​ ​ ​ US Government-sponsored enterprises ​ ​ — ​ ​ 215,027 ​ ​ — ​ ​ 215,027 US Government agency ​ — ​ 79,606 ​ — ​ 79,606 Private label ​ — ​ 60,154 ​ — ​ 60,154 Obligations of states and political subdivisions thereof ​ — ​ 107,737 ​ — ​ 107,737 Corporate bonds ​ — ​ 94,332 ​ — ​ 94,332 Loans held for sale ​ ​ — ​ ​ — ​ ​ — ​ ​ — Derivative assets ​ — ​ 30,039 ​ — ​ 30,039 Derivative liabilities ​ — ​ (25,228) ​ — ​ (25,228) ​
Schedule of Changes in Level 3 Assets Measured on a Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets (Liabilities) ​ ​ Interest Rate Lock ​ Forward (in thousands) Commitments Commitments Three Months Ended September 30, 2023 ​ ​ ​ ​ Balance at beginning of period ​ $ 8 ​ $ — Realized gain recognized in non-interest income ​ 17 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ ​ Balance at beginning of period ​ $ 50 ​ $ (11) Realized gain (loss) recognized in non-interest income ​ (50) ​ 19 Balance at end of period ​ $ — ​ $ 8 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Balance at beginning of period ​ $ — ​ $ — Realized gain recognized in non-interest income ​ 25 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ Balance at beginning of period ​ $ 283 ​ $ 15 Realized loss recognized in non-interest income ​ (283) ​ (7) Balance at end of period ​ $ — ​ $ 8
Schedule of Changes in Level 3 Liabilities Measured on a Recurring Basis	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets (Liabilities) ​ ​ Interest Rate Lock ​ Forward (in thousands) Commitments Commitments Three Months Ended September 30, 2023 ​ ​ ​ ​ Balance at beginning of period ​ $ 8 ​ $ — Realized gain recognized in non-interest income ​ 17 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2022 ​ ​ ​ ​ Balance at beginning of period ​ $ 50 ​ $ (11) Realized gain (loss) recognized in non-interest income ​ (50) ​ 19 Balance at end of period ​ $ — ​ $ 8 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2023 ​ ​ Balance at beginning of period ​ $ — ​ $ — Realized gain recognized in non-interest income ​ 25 ​ 47 Balance at end of period ​ $ 25 ​ $ 47 ​ ​ ​ ​ ​ ​ ​ Nine Months Ended September 30, 2022 ​ ​ Balance at beginning of period ​ $ 283 ​ $ 15 Realized loss recognized in non-interest income ​ (283) ​ (7) Balance at end of period ​ $ — ​ $ 8
Schedule of Quantitative Information, Valuation, Recurring	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, ​ September 30, ​ Valuation ​ Unobservable ​ Unobservable ​ except ratios) 2023 Techniques Inputs Input Value Assets (Liabilities) ​ ​ ​ ​ ​ ​ Interest Rate Lock Commitment $ 25 ​ Pull-through Rate Analysis Closing Ratio ​ 76 % ​ ​ ​ ​ Pricing Model ​ Origination Costs, per loan ​ $ 1.7 ​ ​ ​ ​ ​ ​ Discount Cash Flows ​ Mortgage Servicing Asset ​ ​ 1.0 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Commitments ​ 47 ​ Quoted prices for similar loans in active markets Freddie Mac pricing system ​ $97.2 to $101.4 ​ Total ​ $ 72 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ Significant ​ ​ December 31, ​ Valuation ​ Unobservable ​ Unobservable ​ (in thousands, except ratios) 2022 ​ Techniques Inputs Input Value ​ Assets (Liabilities) ​ ​ ​ ​ ​ ​ Interest Rate Lock Commitment $ 283 ​ Pull-through Rate Analysis Closing Ratio ​ 85 % ​ ​ ​ ​ Pricing Model ​ Origination Costs, per loan ​ $ 1.7 ​ ​ ​ ​ ​ ​ Discount Cash Flows ​ Mortgage Servicing Asset ​ ​ 1.0 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Forward Commitments ​ 15 ​ Quoted prices for similar loans in active markets Freddie Mac pricing system ​ $99.8 to $103.2 ​ Total ​ $ 298 ​ ​ ​ ​ ​ ​ ​ ​
Summary of Applicable Non-Recurring Fair Value Measurements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair Value ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Nine Months Ended ​ Measurement Date as of ​ ​ Sep 30, 2023 ​ Dec 31, 2022 ​ September 30, 2023 ​ September 30, 2023 ​ September 30, 2023 ​ ​ Level 3 ​ Level 3 ​ Total ​ Total ​ Level 3 (in thousands) Inputs Inputs Gains (Losses) Gains (Losses) Inputs Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ $ 5,387 ​ $ 16,477 ​ $ (7,706) ​ $ (11,090) ​ September 2023 Capitalized servicing rights ​ 7,077 ​ ​ 6,845 ​ 316 ​ 232 September 2023 Premises held for sale ​ 252 ​ ​ 252 ​ — ​ — September 2023 Total ​ $ 12,716 ​ $ 23,574 ​ $ (7,390) ​ $ (10,858)
Schedule of Quantitative Information, Valuation, Non-recurring	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, except ratios) Fair Value September 30, 2023 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets ​ ​ ​ ​ Individually evaluated loans ​ $ 4,311 Fair value of collateral-appraised value Loss severity ​ ​ 10% to 53% ​ ​ ​ ​ ​ ​ ​ Appraised value ​ ​ $150 to $965 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ 1,076 Discount cash flow Discount rate ​ 3.25% to 7.13% ​ ​ ​ ​ ​ ​ ​ Cash flows ​ ​ $2 to $697 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized servicing rights ​ 7,077 Discounted cash flow Constant prepayment rate ​ 7.04% ​ ​ ​ ​ Discount rate ​ 9.56% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Premises held for sale ​ 252 Fair value of asset less selling costs Appraised value ​ ​ $267 ​ ​ ​ ​ Selling Costs ​ 6% ​ Total ​ $ 12,716 ​ ​ (a) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individual properties. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands, except ratios) Fair Value December 31, 2022 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) ​ Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ $ 13,587 Fair value of collateral-appraised value Loss severity ​ ​ 1% to 40% ​ ​ ​ ​ ​ ​ ​ Appraised value ​ ​ $80 to $3,859 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Individually evaluated loans ​ 2,890 Discount cash flow Discount rate ​ 3.63% to 6.38% ​ ​ ​ ​ ​ ​ ​ Cash flows ​ ​ $100 to $539 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capitalized servicing rights ​ 6,845 Discounted cash flow Constant prepayment rate ​ 7.29% ​ ​ ​ ​ Discount rate ​ 9.54% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Premises held for sale ​ 252 Fair value of asset less selling costs Appraised value ​ ​ $267 ​ ​ ​ ​ ​ Selling Costs ​ 6% ​ Total ​ $ 23,574 ​ ​ ​ ​ ​ ​ ​ ​ (a) Where dollar amounts are disclosed, the amounts represent the lowest and highest fair value of the respective assets in the population except for adjustments for market/property conditions, which represents the range of adjustments to individual properties.
Summary of Estimated Fair Values, and Related Carrying Amounts, of Financial Instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ ​ Carrying ​ Fair ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 122,816 ​ $ 122,816 ​ $ 122,816 ​ $ — ​ $ — Securities available for sale ​ 509,453 ​ 509,453 ​ — ​ 509,453 ​ — FHLB stock ​ 14,834 ​ 14,834 ​ — ​ 14,834 ​ — Loans held for sale ​ ​ 2,016 ​ ​ 2,016 ​ ​ — ​ ​ 2,016 ​ ​ — Net loans ​ 2,964,780 ​ 2,796,561 ​ — ​ — ​ 2,796,561 Accrued interest receivable ​ 5,056 ​ 5,056 ​ — ​ 5,056 ​ — Cash surrender value of bank-owned life insurance policies ​ 79,469 ​ 79,469 ​ — ​ 79,469 ​ — Derivative assets ​ 31,669 ​ 31,669 ​ — ​ 31,644 ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Liabilities ​ ​ ​ ​ ​ Non-maturity deposits ​ $ 2,482,012 ​ $ 2,489,295 ​ $ — ​ $ 2,489,295 ​ $ — Time deposits ​ ​ 658,482 ​ ​ 651,067 ​ ​ — ​ ​ 651,067 ​ ​ — Securities sold under agreements to repurchase ​ ​ 9,490 ​ ​ 9,490 ​ ​ — ​ ​ 9,490 ​ ​ — FHLB advances ​ 297,580 ​ 297,432 ​ — ​ 297,432 ​ — Subordinated borrowings ​ 60,422 ​ 67,470 ​ — ​ 67,470 ​ — Derivative liabilities ​ 26,933 ​ 26,933 ​ — ​ 26,933 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ ​ Carrying ​ Fair ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets ​ ​ ​ ​ ​ Cash and cash equivalents ​ $ 92,295 ​ $ 92,295 ​ $ 92,295 ​ $ — ​ $ — Securities available for sale ​ 559,516 ​ 559,516 ​ — ​ 559,516 ​ — FHLB stock ​ 14,893 ​ 14,893 ​ — ​ 14,893 ​ — Loans held for sale ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ — Net loans ​ 2,902,690 ​ 2,774,863 ​ — ​ — ​ 2,774,863 Accrued interest receivable ​ 4,257 ​ 4,257 ​ — ​ 4,257 ​ — Cash surrender value of bank-owned life insurance policies ​ 81,197 ​ 81,197 ​ — ​ 81,197 ​ — Derivative assets ​ 30,039 ​ 30,039 ​ — ​ 30,039 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Financial Liabilities ​ ​ ​ ​ ​ Non-maturity deposits ​ $ 2,719,992 ​ $ 2,309,555 ​ $ — ​ $ 2,309,555 ​ $ — Time deposits ​ ​ 323,439 ​ ​ 315,180 ​ ​ — ​ ​ 315,180 ​ ​ — Securities sold under agreements to repurchase ​ ​ 13,369 ​ ​ 13,369 ​ ​ — ​ ​ 13,369 ​ ​ — FHLB advances ​ 320,588 ​ 320,244 ​ — ​ 320,244 ​ — Subordinated borrowings ​ 60,289 ​ 66,846 ​ — ​ 66,846 ​ — Derivative liabilities ​ 25,228 ​ 25,228 ​ — ​ 25,228 ​ — ​

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2023
REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (in thousands) 2023 2022 2023 2022 Non-interest income within the scope of ASC 606: ​ ​ ​ ​ Trust management fees ​ $ 3,135 ​ $ 3,077 ​ $ 9,724 ​ $ 9,941 Financial services fees ​ 387 ​ 471 ​ 1,158 ​ 1,190 Interchange fees ​ 1,971 ​ 1,953 ​ 5,909 ​ 5,849 Customer deposit fees ​ 1,669 ​ 1,578 ​ 4,688 ​ 4,418 Other customer service fees ​ 286 ​ 305 ​ 780 ​ 841 Total non-interest income within the scope of ASC 606 ​ ​ 7,448 ​ ​ 7,384 ​ ​ 22,259 ​ ​ 22,239 Total non-interest income not within the scope of ASC 606 ​ ​ 1,367 ​ ​ 1,439 ​ ​ 4,720 ​ ​ 4,854 Total non-interest income ​ $ 8,815 ​ $ 8,823 ​ $ 26,979 ​ $ 27,093 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, ​ Nine Months Ended September 30, (in thousands) 2023 2022 2023 2022 Timing of Revenue Recognition ​ ​ ​ ​ Products and services transferred at a point in time ​ $ 4,045 ​ $ 4,020 ​ $ 11,842 ​ $ 11,755 Products and services transferred over time ​ 3,403 ​ 3,364 ​ 10,417 ​ 10,484 Total ​ $ 7,448 ​ $ 7,384 ​ $ 22,259 ​ $ 22,239
Contract Balances from Contracts with Customers	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ September 30, 2023 ​ December 31, 2022 Balances from contracts with customers only: ​ ​ Other Assets ​ $ 1,093 ​ $ 1,211 Other Liabilities ​ 1,937 ​ 2,345

SECURITIES AVAILABLE FOR SALE -

SECURITIES AVAILABLE FOR SALE - Summary of Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 595,922	$ 631,348
Gross Unrealized Gains	9,362	7,251
Gross Unrealized Losses	(95,831)	(79,083)
Fair Value	509,453	559,516
Obligations of states and political subdivisions thereof
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	115,908	121,939
Gross Unrealized Gains	9,305	7,149
Gross Unrealized Losses	(27,805)	(21,351)
Fair Value	97,408	107,737
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	101,491	102,505
Gross Unrealized Gains	31	33
Gross Unrealized Losses	(10,658)	(8,206)
Fair Value	90,864	94,332
Debt securities | Obligations of US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	2,218	2,692
Gross Unrealized Gains	1	5
Gross Unrealized Losses	(40)	(37)
Fair Value	2,179	2,660
Mortgage-backed securities and collateralized mortgage obligations | US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	230,746	249,838
Gross Unrealized Gains	2	14
Gross Unrealized Losses	(41,025)	(34,825)
Fair Value	189,723	215,027
Mortgage-backed securities and collateralized mortgage obligations | US Government agency
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	84,324	90,318
Gross Unrealized Gains		16
Gross Unrealized Losses	(13,890)	(10,728)
Fair Value	70,434	79,606
Mortgage-backed securities and collateralized mortgage obligations | Private label
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	61,235	64,056
Gross Unrealized Gains	23	34
Gross Unrealized Losses	(2,413)	(3,936)
Fair Value	$ 58,845	$ 60,154

SECURITIES AVAILABLE FOR SALE_2

SECURITIES AVAILABLE FOR SALE - Maturity of Available for Sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Amortized Cost
Within 1 year	$ 3,051
Over 1 year to 5 years	36,218
Over 5 years to 10 years	51,635
Over 10 years	128,713
Total bonds and obligations	219,617
Mortgage-backed securities	376,305
Amortized Cost	595,922	$ 631,348
Fair Value
Within 1 year	3,022
Over 1 year to 5 years	33,257
Over 5 years to 10 years	54,313
Over 10 years	99,859
Total bonds and obligations	190,451
Mortgage-backed securities	319,002
Total securities available for sale	$ 509,453	$ 559,516

SECURITIES AVAILABLE FOR SALE_3

SECURITIES AVAILABLE FOR SALE - Gains and Losses from AFS Securities (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
SECURITIES AVAILABLE FOR SALE
Gross gains on sales of available for sale securities	$ 142	$ 34	$ 151
Gross losses on sales of available for sale securities	(98)		(98)
Net gains on sale of available for sale securities	$ 44	$ 34	$ 53

SECURITIES AVAILABLE FOR SALE_4

SECURITIES AVAILABLE FOR SALE - Summary of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Gross Unrealized Losses
Less Than Twelve Months	$ 1,848	$ 23,471
Over Twelve Months	93,983	55,612
Total	95,831	79,083
Fair Value
Less Than Twelve Months	21,340	255,120
Over Twelve Months	481,936	287,858
Total	503,276	542,978
US Government-sponsored Enterprises Debt Securities [Member] | Debt securities
Gross Unrealized Losses
Less Than Twelve Months		32
Over Twelve Months	40	6
Total	40	38
Fair Value
Less Than Twelve Months	8	435
Over Twelve Months	930	790
Total	938	1,225
US Government-sponsored enterprises
Gross Unrealized Losses
Less Than Twelve Months		7,005
Over Twelve Months		27,820
Total		34,825
Fair Value
Less Than Twelve Months		82,483
Over Twelve Months		127,745
Total		210,228
US Government-sponsored enterprises | Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	154
Over Twelve Months	40,871
Total	41,025
Fair Value
Less Than Twelve Months	4,373
Over Twelve Months	184,991
Total	189,364
US Government agency
Gross Unrealized Losses
Less Than Twelve Months		2,870
Over Twelve Months		7,857
Total		10,727
Fair Value
Less Than Twelve Months		42,430
Over Twelve Months		34,198
Total		76,628
US Government agency | Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	43
Over Twelve Months	13,847
Total	13,890
Fair Value
Less Than Twelve Months	2,627
Over Twelve Months	67,729
Total	70,356
Private label
Gross Unrealized Losses
Less Than Twelve Months		841
Over Twelve Months		3,095
Total		3,936
Fair Value
Less Than Twelve Months		15,694
Over Twelve Months		44,396
Total		60,090
Private label | Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	1
Over Twelve Months	2,412
Total	2,413
Fair Value
Less Than Twelve Months	25
Over Twelve Months	58,797
Total	58,822
Obligations of states and political subdivisions thereof
Gross Unrealized Losses
Less Than Twelve Months	571	7,990
Over Twelve Months	27,234	13,361
Total	27,805	21,351
Fair Value
Less Than Twelve Months	7,386	48,799
Over Twelve Months	88,571	55,702
Total	95,957	104,501
Corporate bonds
Gross Unrealized Losses
Less Than Twelve Months	1,079	4,733
Over Twelve Months	9,579	3,473
Total	10,658	8,206
Fair Value
Less Than Twelve Months	6,921	65,279
Over Twelve Months	80,918	25,027
Total	$ 87,839	$ 90,306

SECURITIES AVAILABLE FOR SALE_5

SECURITIES AVAILABLE FOR SALE - Basis for Impairment Conclusion (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($) security	Dec. 31, 2022 USD ($)
Accounting Standards Update 2016-13
Debt Securities, Available-for-Sale [Line Items]
Allowance on AFS debt securities | $	$ 0	$ 0
Obligations of US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	7
Available for sale securities portfolio, number of securities (security)	8
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	4.09%
US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	492
Available for sale securities portfolio, number of securities (security)	499
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	17.81%
US Government agency
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	147
Available for sale securities portfolio, number of securities (security)	150
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	16.49%
Private label
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	26
Available for sale securities portfolio, number of securities (security)	28
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	3.94%
Obligations of states and political subdivisions thereof
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	66
Available for sale securities portfolio, number of securities (security)	70
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	24.29%
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	30
Available for sale securities portfolio, number of securities (security)	33
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	10.82%

LOANS AND ALLOWANCE FOR CREDI_3

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Total Loans (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Jun. 30, 2023	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,992,791	$ 2,902,690
Allowance for credit losses	28,011	25,860	$ 27,362	$ 25,018	$ 23,756	$ 22,718
Net loans	2,964,780	2,876,830
Accrued interest receivable for loans	11,000	10,700
Tax exempt
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	44,247	42,879
Allowance for credit losses	96	93	101	94	105	86
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	88,064	90,865
Allowance for credit losses	765	811	768	791	865	814
Total commercial loans | Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	147,423	117,577
Allowance for credit losses	3,677	2,579	3,377	1,223	1,010	2,111
Total commercial real estate | Commercial real estate owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	282,717	244,814
Allowance for credit losses	2,485	2,189	2,566	2,861	2,722	2,751
Total commercial real estate | Commercial real estate non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,168,877	1,146,674
Allowance for credit losses	9,553	9,341	9,481	7,971	7,361	5,650
Total commercial and industrial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	306,279	297,112
Allowance for credit losses	4,205	3,493	3,613	5,122	4,820	5,369
Total residential real estate | Residential mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	947,339	954,968
Allowance for credit losses	7,146	7,274	7,376	6,886	6,806	5,862
Total consumer | Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,845	7,801
Allowance for credit losses	$ 84	$ 80	$ 80	$ 70	$ 67	$ 75

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Unamortized Net Costs and Premiums (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Net unamortized loan origination costs	$ 2,793	$ 3,184
Net unamortized fair value discount on acquired loans	(3,042)	(3,506)
Total	$ (249)	$ (322)

LOANS AND ALLOWANCE FOR CREDI_5

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Allowance Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Activity in the allowance for loan losses
Balance at beginning of period	$ 27,362	$ 23,756	$ 25,860	$ 22,718
Charge Offs	(74)	(85)	(341)	(227)
Recoveries	50	41	271	310
Provision	673	1,306	2,221	2,217
Balance at end of period	28,011	25,018	28,011	25,018
Construction and land development | Total commercial loans
Activity in the allowance for loan losses
Balance at beginning of period	3,377	1,010	2,579	2,111
Provision	300	213	1,098	(888)
Balance at end of period	3,677	1,223	3,677	1,223
Commercial real estate owner occupied | Total commercial real estate
Activity in the allowance for loan losses
Balance at beginning of period	2,566	2,722	2,189	2,751
Recoveries		7	142	120
Provision	(81)	132	154	(10)
Balance at end of period	2,485	2,861	2,485	2,861
Commercial real estate non-owner occupied | Total commercial real estate
Activity in the allowance for loan losses
Balance at beginning of period	9,481	7,361	9,341	5,650
Provision	72	610	212	2,321
Balance at end of period	9,553	7,971	9,553	7,971
Tax exempt
Activity in the allowance for loan losses
Balance at beginning of period	101	105	93	86
Provision	(5)	(11)	3	8
Balance at end of period	96	94	96	94
Commercial and industrial | Total commercial and industrial
Activity in the allowance for loan losses
Balance at beginning of period	3,613	4,820	3,493	5,369
Charge Offs		(8)	(122)	(14)
Recoveries	34	20	86	56
Provision	558	290	748	(289)
Balance at end of period	4,205	5,122	4,205	5,122
Residential mortgages | Total residential real estate
Activity in the allowance for loan losses
Balance at beginning of period	7,376	6,806	7,274	5,862
Charge Offs		(11)	(8)	(26)
Recoveries	13	6	28	103
Provision	(243)	85	(148)	947
Balance at end of period	7,146	6,886	7,146	6,886
Home equity
Activity in the allowance for loan losses
Balance at beginning of period	768	865	811	814
Charge Offs			(12)	(6)
Recoveries	1	2	5	22
Provision	(4)	(76)	(39)	(39)
Balance at end of period	765	791	765	791
Other consumer | Total consumer
Activity in the allowance for loan losses
Balance at beginning of period	80	67	80	75
Charge Offs	(74)	(66)	(199)	(181)
Recoveries	2	6	10	9
Provision	76	63	193	167
Balance at end of period	84	70	84	70
Unfunded Loan Commitment
Activity in the allowance for loan losses
Balance at beginning of period	3,780	2,523	3,910	2,152
Provision	44	(26)	(86)	345
Balance at end of period	$ 3,824	$ 2,497	$ 3,824	$ 2,497

LOANS AND ALLOWANCE FOR CREDI_6

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Loans by Year of Origination, Loan Segmentation and Risk Indicator (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Credit quality information
2023	$ 227,309	$ 752,984
2022	800,780	517,516
2021	507,588	378,675
2020	337,249	226,712
2019	206,292	162,477
Prior	913,573	864,326
Total	2,992,791	2,902,690
Construction and land development | Total commercial loans
Credit quality information
2023	6,693	49,722
2022	94,911	38,837
2021	40,320	27,043
2020	4,567	1,011
2019		964
Prior	932
Total	147,423	117,577
Construction and land development | Pass | Total commercial loans
Credit quality information
2023	6,693	49,722
2022	94,911	38,837
2021	40,320	2,865
2020	4,567	1,011
2019		964
Prior	932
Total	147,423	93,399
Construction and land development | Special mention | Total commercial loans
Credit quality information
2021		24,178
Total		24,178
Commercial real estate owner occupied | Total commercial real estate
Credit quality information
2023	47,571	22,371
2022	52,647	11,290
2021	37,504	23,257
2020	22,464	32,018
2019	22,548	46,648
Prior	99,983	109,230
Total	282,717	244,814
Commercial real estate owner occupied | Pass | Total commercial real estate
Credit quality information
2023	47,571	22,371
2022	52,647	11,290
2021	30,018	23,014
2020	20,830	31,352
2019	22,548	46,398
Prior	93,129	103,295
Total	266,743	237,720
Commercial real estate owner occupied | Special mention | Total commercial real estate
Credit quality information
2021	7,486	243
2020	1,634	666
2019		173
Prior	3,127	1,870
Total	12,247	2,952
Commercial real estate owner occupied | Substandard | Total commercial real estate
Credit quality information
2019		77
Prior	3,603	3,924
Total	3,603	4,001
Commercial real estate owner occupied | Doubtful | Total commercial real estate
Credit quality information
Prior	124	141
Total	124	141
Commercial real estate non-owner occupied | Total commercial real estate
Credit quality information
2023	40,820	370,856
2022	348,087	249,804
2021	227,084	145,096
2020	163,575	88,238
2019	95,921	36,124
Prior	293,390	256,556
Total	1,168,877	1,146,674
Commercial real estate non-owner occupied | Pass | Total commercial real estate
Credit quality information
2023	32,985	370,856
2022	348,087	228,414
2021	213,568	145,096
2020	135,429	88,111
2019	80,171	35,213
Prior	270,271	238,395
Total	1,080,511	1,106,085
Commercial real estate non-owner occupied | Special mention | Total commercial real estate
Credit quality information
2023	7,835
2022		21,390
2021	13,516
2020	28,146	127
2019	15,750	911
Prior	8,774	16,612
Total	74,021	39,040
Commercial real estate non-owner occupied | Substandard | Total commercial real estate
Credit quality information
Prior	14,214	1,404
Total	14,214	1,404
Commercial real estate non-owner occupied | Doubtful | Total commercial real estate
Credit quality information
Prior	131	145
Total	131	145
Tax exempt
Credit quality information
2023	2,672	8,686
2022	12,128	1,020
2021	812	252
2020	209	772
2019	597	13,231
Prior	27,829	18,918
Total	44,247	42,879
Tax exempt | Pass
Credit quality information
2023	2,672	8,686
2022	12,128	1,020
2021	812	252
2020	209	772
2019	597	13,231
Prior	27,829	18,918
Total	44,247	42,879
Commercial and industrial | Total commercial and industrial
Credit quality information
2023	57,751	84,601
2022	78,438	27,061
2021	23,486	62,999
2020	41,158	28,359
2019	17,960	10,011
Prior	87,486	84,081
Total	306,279	297,112
Current period gross write-offs
2019	5
Prior	117
Total	122
Commercial and industrial | Pass | Total commercial and industrial
Credit quality information
2023	57,318	83,151
2022	77,033	26,948
2021	23,295	62,835
2020	41,034	27,491
2019	17,732	9,511
Prior	81,740	81,316
Total	298,152	291,252
Commercial and industrial | Special mention | Total commercial and industrial
Credit quality information
2023	374	1,450
2022	1,306
2021		53
2020	7	803
2019	35	201
Prior	3,746	619
Total	5,468	3,126
Commercial and industrial | Substandard | Total commercial and industrial
Credit quality information
2023	59
2022	99	113
2021	191	111
2020	117	65
2019	105	299
Prior	611	2,106
Total	1,182	2,694
Commercial and industrial | Doubtful | Total commercial and industrial
Credit quality information
2019	88
Prior	1,389	40
Total	1,477	40
Residential mortgages | Residential real estate
Credit quality information
2023	58,083	195,320
2022	196,017	177,525
2021	168,656	111,021
2020	98,218	69,219
2019	64,419	48,438
Prior	361,946	353,445
Total	947,339	954,968
Current period gross write-offs
Prior	8
Total	8
Residential mortgages | Performing | Residential real estate
Credit quality information
2023	58,083	195,320
2022	196,017	177,480
2021	168,614	111,021
2020	98,218	69,170
2019	64,181	47,797
Prior	358,368	349,795
Total	943,481	950,583
Residential mortgages | Nonperforming | Residential real estate
Credit quality information
2022		45
2021	42
2020		49
2019	238	641
Prior	3,578	3,650
Total	3,858	4,385
Home equity
Credit quality information
2023	10,163	17,107
2022	16,491	10,638
2021	8,886	8,139
2020	6,634	6,830
2019	4,775	6,997
Prior	41,115	41,154
Total	88,064	90,865
Current period gross write-offs
Prior	12
Total	12
Home equity | Performing
Credit quality information
2023	10,163	17,107
2022	16,491	10,638
2021	8,886	8,139
2020	6,634	6,830
2019	4,775	6,997
Prior	40,489	40,191
Total	87,438	89,902
Home equity | Nonperforming
Credit quality information
Prior	626	963
Total	626	963
Other consumer | Consumer
Credit quality information
2023	3,556	4,321
2022	2,061	1,341
2021	840	868
2020	424	265
2019	72	64
Prior	892	942
Total	7,845	7,801
Current period gross write-offs
2022	52
2021	8
2020	2
Prior	136
Total	198
Other consumer | Performing | Consumer
Credit quality information
2023	3,556	4,321
2022	2,061	1,341
2021	836	863
2020	419	265
2019	72	64
Prior	892	942
Total	7,836	7,796
Other consumer | Nonperforming | Consumer
Credit quality information
2021	4	5
2020	5
Total	$ 9	$ 5

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Total loans	$ 2,992,791	$ 2,902,690
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,019	1,659
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	912	661
90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,330	2,423
Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	7,261	4,743
Current
Financing Receivable, Past Due [Line Items]
Total Past Due	2,985,530	2,897,947
Construction and land development | Total commercial loans
Financing Receivable, Past Due [Line Items]
Total loans	147,423	117,577
Construction and land development | Total commercial loans | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	147,423	117,577
Commercial real estate owner occupied | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	282,717	244,814
Commercial real estate owner occupied | Total commercial real estate | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	246	385
Commercial real estate owner occupied | Total commercial real estate | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	246	385
Commercial real estate owner occupied | Total commercial real estate | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	282,471	244,429
Commercial real estate non-owner occupied | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,168,877	1,146,674
Commercial real estate non-owner occupied | Total commercial real estate | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		45
Commercial real estate non-owner occupied | Total commercial real estate | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	115	145
Commercial real estate non-owner occupied | Total commercial real estate | 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	871	139
Commercial real estate non-owner occupied | Total commercial real estate | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	986	329
Commercial real estate non-owner occupied | Total commercial real estate | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	1,167,891	1,146,345
Tax exempt
Financing Receivable, Past Due [Line Items]
Total loans	44,247	42,879
Tax exempt | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	44,247	42,879
Commercial and industrial | Total commercial and industrial
Financing Receivable, Past Due [Line Items]
Total loans	306,279	297,112
Commercial and industrial | Total commercial and industrial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	45	169
Commercial and industrial | Total commercial and industrial | 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	158	9
Commercial and industrial | Total commercial and industrial | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	203	178
Commercial and industrial | Total commercial and industrial | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	306,076	296,934
Residential mortgages | Total residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	947,339	954,968
Residential mortgages | Total residential real estate | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,227	803
Residential mortgages | Total residential real estate | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	690	348
Residential mortgages | Total residential real estate | 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,103	2,029
Residential mortgages | Total residential real estate | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	5,020	3,180
Residential mortgages | Total residential real estate | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	942,319	951,788
Home equity
Financing Receivable, Past Due [Line Items]
Total loans	88,064	90,865
Home equity | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	479	216
Home equity | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	99	160
Home equity | 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	195	246
Home equity | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	773	622
Home equity | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	87,291	90,243
Other consumer | Total consumer
Financing Receivable, Past Due [Line Items]
Total loans	7,845	7,801
Other consumer | Total consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	22	41
Other consumer | Total consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	8	8
Other consumer | Total consumer | 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3
Other consumer | Total consumer | Total Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	33	49
Other consumer | Total consumer | Current
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 7,812	$ 7,752

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Non-accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Non-accrual loans
Nonaccrual	$ 6,770	$ 6,549
Nonaccrual With No Related Allowance	1,865	2,334
Nonaccrual, Past Due 90 days and Accruing	959	216
Commercial real estate owner occupied | Total commercial real estate
Non-accrual loans
Nonaccrual	111	439
Nonaccrual With No Related Allowance	108	360
Commercial real estate non-owner occupied | Total commercial real estate
Non-accrual loans
Nonaccrual	570	550
Nonaccrual With No Related Allowance	449	411
Nonaccrual, Past Due 90 days and Accruing	749
Commercial and industrial | Total commercial and industrial
Non-accrual loans
Nonaccrual	1,596	207
Nonaccrual With No Related Allowance	8	145
Residential mortgages | Total residential real estate
Non-accrual loans
Nonaccrual	3,858	4,385
Nonaccrual With No Related Allowance	1,299	1,361
Nonaccrual, Past Due 90 days and Accruing	159	202
Home equity
Non-accrual loans
Nonaccrual	626	963
Nonaccrual With No Related Allowance	1	57
Nonaccrual, Past Due 90 days and Accruing	51	14
Other consumer | Total consumer
Non-accrual loans
Nonaccrual	$ 9	$ 5

LOANS AND ALLOWANCE FOR CREDI_9

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Amortized Cost Basis of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Allowance for loan losses
Loans and Leases Receivable, Net Amount	$ 2,964,780	$ 2,876,830
Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	5,432	6,433
Other Collateral Loans
Allowance for loan losses
Loans and Leases Receivable, Net Amount	1,338	116
Commercial real estate owner occupied | Total commercial real estate | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	111	439
Commercial real estate non-owner occupied | Total commercial real estate | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	570	550
Commercial and industrial | Total commercial and industrial | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	258	91
Commercial and industrial | Total commercial and industrial | Other Collateral Loans
Allowance for loan losses
Loans and Leases Receivable, Net Amount	1,338	116
Residential mortgages | Total residential real estate | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	3,858	4,385
Home equity | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	626	963
Other consumer | Total consumer | Real Estate
Allowance for loan losses
Loans and Leases Receivable, Net Amount	$ 9	$ 5

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR, Recorded Investment and Number of Modifications (Details) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022 loan	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Modifications | loan	0
Total residential real estate | Residential mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential mortgage loans collateralized by real estate property in the process of foreclosure | $		$ 492	$ 253

LOANS AND ALLOWANCE FOR CRED_11

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Mortgage Banking (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, unpaid principal balance	$ 2,000		$ 2,000		$ 0
Residential mortgages | Total residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Forward delivery commitments	6,400		6,400		$ 0
Sale of loans	20,200	$ 5,200	26,300	$ 38,200
Net gains (losses) on sales of loans	$ 14	$ (52)	$ 22	$ 281

LOANS AND ALLOWANCE FOR CRED_12

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Loan Modifications (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans	0%	0.05%
Weighted-Average Months of Payment Delay	3 months	3 months
Weighted-Average Months of Term Extension	3 months 24 days	3 months 24 days
Weighted-Average Interest Rate Reduction	5.13%	5.13%
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted-Average Months of Payment Delay	3 months	3 months
Weighted-Average Months of Term Extension	3 months 24 days	3 months 24 days
Weighted-Average Interest Rate Reduction	3.75%	3.75%
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted-Average Interest Rate Reduction	1.38%	1.38%
Total commercial and industrial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans	0.02%	0.47%
Total residential real estate | Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans		0.01%
Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	$ 66	$ 66
Payment Delay | Total commercial and industrial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	$ 66	66
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications		1,387
Term Extension | Total commercial and industrial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications		1,387
Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications		100
Interest Rate Reduction | Total residential real estate | Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications		$ 100

BORROWED FUNDS - Summary of Bor

BORROWED FUNDS - Summary of Borrowed Funds (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Short-term borrowings
Carrying Value	$ 304,489	$ 331,369
Weighted Average Rate	3.20%	2.20%
Long-term borrowings
Carrying Value	$ 63,003	$ 62,877
Weighted Average Rate	5.95%	4.76%
Total borrowings	$ 367,492	$ 394,246
Weighted Average Rate	3.50%	2.45%
Advances from the FHLB
Short-term borrowings
Carrying Value	$ 295,000	$ 318,000
Weighted Average Rate	5.53%	3.84%
Long-term borrowings
Carrying Value	$ 2,581	$ 2,588
Weighted Average Rate	0.38%	0.48%
Other borrowings
Short-term borrowings
Carrying Value	$ 9,489	$ 13,369
Weighted Average Rate	0.16%	0.13%
Subordinated borrowings
Long-term borrowings
Carrying Value	$ 60,422	$ 60,289
Weighted Average Rate	6.19%	4.95%

BORROWED FUNDS - Additional Inf

BORROWED FUNDS - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Outstanding advances of FRB	$ 304,489	$ 331,369
Outstanding amount	63,003	62,877
Financial Guarantee | NHTB Capital Trust II and NHTB Capital Trust III
Debt Instrument [Line Items]
Debentures issued by variable interest entities	$ 20,600
SOFR | Financial Guarantee
Debt Instrument [Line Items]
Interest rate margin	2.79%
Callable Advances
Debt Instrument [Line Items]
Outstanding amount		0
Amortizing Advances
Debt Instrument [Line Items]
Outstanding amount		288
FHLB advances
Debt Instrument [Line Items]
Outstanding amount	$ 281
Advances from the FHLB
Debt Instrument [Line Items]
Outstanding advances of FRB	295,000	318,000
Outstanding amount	2,581	2,588
Credit Facility, Secured, FHLB [Member]
Debt Instrument [Line Items]
Line of credit maintained	1,000
Line of credit outstanding	0	0
Credit Facility, Secured, FRB [Member]
Debt Instrument [Line Items]
Line of credit maintained	158,000
Line of credit outstanding	0	0
Credit Facility, Unsecured, Federal Funds [Member]
Debt Instrument [Line Items]
Line of credit maintained	50,000	50,000
Line of credit outstanding	$ 0	$ 0

BORROWED FUNDS - Maturities of

BORROWED FUNDS - Maturities of FHLB Advances (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Amount
2023	$ 295,000
2024	2,300
Thereafter	281
Total FHLB advances	$ 297,581
Weighted Average Rate
2023	5.53%
Thereafter	3.52%
Total FHLB advances	5.48%

BORROWED FUNDS - Subordinated a

BORROWED FUNDS - Subordinated and Junior Subordinated Borrowings (Details) - Subordinated borrowings private placement - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Nov. 26, 2019
Debt Instrument [Line Items]
Principal amount of debt issued			$ 40,000
Fixed interest rate			4.63%
Debt issuance costs	$ 198	$ 331
SOFR
Debt Instrument [Line Items]
Interest rate margin	3.27%

BORROWED FUNDS - Repurchase Agr

BORROWED FUNDS - Repurchase Agreements (Details) - Customer Repurchase Agreements - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total secured borrowings	$ 9,489	$ 13,369
US Government sponsored enterprises
Debt Instrument [Line Items]
Total secured borrowings	$ 9,489	$ 13,369

DEPOSITS - Components (Details)

DEPOSITS - Components (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
DEPOSITS.
Time less than $100,000	$ 358,703	$ 157,263
Time $100,000 through $250,000	154,125	118,655
Time $250,000 or more	145,654	47,521
Total	$ 658,482	$ 323,439

DEPOSITS - Maturities, Brokered

DEPOSITS - Maturities, Brokered, Reciprocal (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Time Deposits, Fiscal Year Maturity [Abstract]
Within 1 year	$ 550,775	$ 262,338
Over 1 year to 2 years	93,779	37,937
Over 2 years to 3 years	7,719	12,936
Over 3 years to 4 years	3,735	5,410
Over 4 years to 5 years	2,287	4,319
Over 5 years	187	499
Total	658,482	323,439
Brokered deposits	202,000	15,100
Reciprocal deposits	$ 41,600	$ 27,400

CAPITAL RATIOS AND SHAREHOLDE_3

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Actual and Required Capital Ratios (Details) $ in Thousands	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Actual
Total capital to risk-weighted assets	$ 443,482	$ 416,900
Common equity tier 1 capital to risk-weighted assets	351,029	326,513
Tier 1 capital to risk-weighted assets	371,649	347,133
Tier 1 capital to average assets	$ 371,649	$ 347,133
Total capital to risk-weighted assets, ratio	0.1386	0.1350
Common equity tier 1 capital to risk-weighted assets, ratio	0.1097	0.1057
Tier 1 capital to risk-weighted assets, ratio	0.1162	0.1124
Tier 1 capital to average assets (leverage ratio)	0.0945	0.0921
Minimum Regulatory Capital Requirements
Total capital to risk-weighted assets	$ 255,967	$ 247,041
Common equity tier 1 capital to risk-weighted assets	143,981	138,960
Tier 1 capital to risk-weighted assets	191,976	185,281
Tier 1 capital to average assets	$ 157,333	$ 150,772
Minimum regulatory capital requirements, Total capital to risk-weighted assets, ratio	0.0800	0.0800
Minimum regulatory capital requirements, Common equity tier 1 capital to risk-weighted assets, ratio	4.50%	4.50%
Minimum regulatory capital requirements, Tier 1 capital to risk-weighted assets, ratio	0.0600	0.0600
Minimum regulatory capital requirements, Tier 1 capital to average assets, (leverage ratio)	0.0400	0.0400
Bank
Actual
Total capital to risk-weighted assets	$ 434,770	$ 410,053
Common equity tier 1 capital to risk-weighted assets	402,937	380,286
Tier 1 capital to risk-weighted assets	402,937	380,286
Tier 1 capital to average assets	$ 402,937	$ 380,286
Total capital to risk-weighted assets, ratio	0.1360	0.1329
Common equity tier 1 capital to risk-weighted assets, ratio	0.1261	0.1233
Tier 1 capital to risk-weighted assets, ratio	0.1261	0.1233
Tier 1 capital to average assets (leverage ratio)	0.1025	0.1010
Minimum Regulatory Capital Requirements
Total capital to risk-weighted assets	$ 257,232	$ 246,812
Common equity tier 1 capital to risk-weighted assets	144,594	138,832
Tier 1 capital to risk-weighted assets	192,792	185,110
Tier 1 capital to average assets	$ 154,761	$ 150,655
Minimum regulatory capital requirements, Total capital to risk-weighted assets, ratio	0.0800	0.0800
Minimum regulatory capital requirements, Common equity tier 1 capital to risk-weighted assets, ratio	4.50%	4.50%
Minimum regulatory capital requirements, Tier 1 capital to risk-weighted assets, ratio	0.0600	0.0600
Minimum regulatory capital requirements, Tier 1 capital to average assets, (leverage ratio)	0.0400	0.0400

CAPITAL RATIOS AND SHAREHOLDE_4

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Components of AOCL (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (71,400)		$ (58,340)
Net unrealized loss on AFS securities:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(86,469)		(71,832)
Income taxes related to items of accumulated other comprehensive loss:	19,939		16,586
Accumulated other comprehensive loss	(66,530)	$ (55,307)	(55,246)	$ (58,715)	$ (38,304)	$ 1,985
Net unrealized loss on hedging derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(4,640)		(2,333)
Income taxes related to items of accumulated other comprehensive loss:	1,070		539
Accumulated other comprehensive loss	(3,570)	(957)	(1,794)	(3,322)	(2,115)	870
Net unrealized loss on post-retirement plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(1,675)		(1,691)
Income taxes related to items of accumulated other comprehensive loss:	375		391
Accumulated other comprehensive loss	$ (1,300)	$ (1,300)	$ (1,300)	$ (552)	$ (552)	$ (552)

CAPITAL RATIOS AND SHAREHOLDE_5

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Components of OCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net unrealized loss arising during the period
Before Tax	$ (2,612)	$ (1,206)			$ (1,776)	$ (4,192)
Other comprehensive (loss) income
Before Tax	(17,981)	(28,501)			(16,944)	(84,632)
Tax Effect	4,145	6,883			3,884	19,740
Total other comprehensive loss	(13,836)	(21,618)	$ 776	$ (43,274)	(13,060)	(64,892)
Net unrealized loss on AFS securities:
Net unrealized loss arising during the period
Before Tax	(14,586)	(26,889)			(14,603)	(79,133)
Tax Effect	3,363	6,512			3,345	18,474
Net of Tax	(11,223)	(20,377)			(11,258)	(60,659)
Less: reclassification adjustment for gains (losses) realized in net income
Before Tax		44			34	53
Tax Effect		(10)			(8)	(12)
Net of Tax		34			26	41
Other comprehensive (loss) income
Before Tax	(14,586)	(26,933)			(14,637)	(79,186)
Tax Effect	3,363	6,522			3,353	18,486
Total other comprehensive loss	(11,223)	(20,411)			(11,284)	(60,700)
Net unrealized gain (loss) on hedging derivatives
Net unrealized loss arising during the period
Before Tax	(3,395)	(1,568)			(2,307)	(5,446)
Tax Effect	782	361			531	1,254
Net of Tax	(2,613)	(1,207)			(1,776)	(4,192)
Other comprehensive (loss) income
Before Tax	(3,395)	(1,568)			(2,307)	(5,446)
Tax Effect	782	361			531	1,254
Total other comprehensive loss	$ (2,613)	$ (1,207)			$ (1,776)	$ (4,192)

CAPITAL RATIOS AND SHAREHOLDE_6

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Changes in AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income			$ (58,340)		$ (58,340)
Total other comprehensive loss	$ (13,836)	$ (21,618)	776	$ (43,274)	(13,060)	$ (64,892)
Ending accumulated other comprehensive income	(71,400)				(71,400)
Net unrealized gain (loss) on AFS securities:
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(55,307)	(38,304)	(55,246)	1,985	(55,246)	1,985
Other comprehensive loss before reclassifications	(11,223)	(20,377)			(11,258)	(60,659)
Less: amounts reclassified from accumulated other comprehensive income		34			26	41
Total other comprehensive loss	(11,223)	(20,411)			(11,284)	(60,700)
Ending accumulated other comprehensive income	(66,530)	(58,715)	(55,307)	(38,304)	(66,530)	(58,715)
Net gain (loss) on effective cash flow hedging derivatives
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(957)	(2,115)	(1,794)	870	(1,794)	870
Other comprehensive loss before reclassifications	(2,613)	(1,207)			(1,776)	(4,192)
Total other comprehensive loss	(2,613)	(1,207)			(1,776)	(4,192)
Ending accumulated other comprehensive income	(3,570)	(3,322)	(957)	(2,115)	(3,570)	(3,322)
Net unrealized loss on post-retirement plans
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(1,300)	(552)	(1,300)	(552)	(1,300)	(552)
Ending accumulated other comprehensive income	(1,300)	(552)	(1,300)	(552)	(1,300)	(552)
Accumulated other comprehensive income (loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(57,564)	(40,971)	(58,340)	2,303	(58,340)	2,303
Other comprehensive loss before reclassifications	(13,836)	(21,584)			(13,034)	(64,851)
Less: amounts reclassified from accumulated other comprehensive income		34			26	41
Total other comprehensive loss	(13,836)	(21,618)	776	(43,274)	(13,060)	(64,892)
Ending accumulated other comprehensive income	$ (71,400)	$ (62,589)	$ (57,564)	$ (40,971)	$ (71,400)	$ (62,589)

CAPITAL RATIOS AND SHAREHOLDE_7

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Amounts Reclassified Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-interest income	$ 8,815	$ 8,823	$ 26,979	$ 27,093
Non-interest expense	23,016	23,032	69,112	66,618
Tax expense	$ (3,208)	(2,965)	(9,621)	(7,940)
Reclassification out of AOCI | Available-for-sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-interest income		44	34	53
Tax expense		(10)	(8)	(12)
Net of tax		$ 34	$ 26	$ 41

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
EARNINGS PER SHARE
Net Income (Loss)	$ 11,104	$ 11,430	$ 23,803	$ 19,615	$ 34,907	$ 31,045
Average number of basic common shares outstanding (in shares)	15,155,457	15,057,598			15,134,954	15,028,963
Plus: dilutive effect of stock options and awards outstanding (in shares)	40,067	55,757			53,765	71,317
Average number of diluted common shares outstanding (in shares)	15,195,524	15,113,355			15,188,719	15,100,280
Earnings per share:
Basic (in dollars per share)	$ 0.73	$ 0.76			$ 2.31	$ 2.07
Diluted (in dollars per share)	$ 0.73	$ 0.76			$ 2.30	$ 2.06

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Apr. 30, 2020	Dec. 31, 2019	Nov. 30, 2019
Derivative [Line Items]
Notional Amount	$ 778,555	$ 774,019
Fair Value Asset (Liability)	4,736	4,811
Designated as hedging instrument | Cash flow hedges
Derivative [Line Items]
Notional Amount	125,000	125,000
Fair Value Asset (Liability)	(752)	37
Designated as hedging instrument | Cash flow hedges | Interest rate swap on wholesale funding
Derivative [Line Items]
Notional Amount	$ 75,000	$ 75,000	$ 25,000		$ 50,000
Weighted Average Maturity (in years)	1 year 3 months 18 days	2 years
Fair Value Asset (Liability)	$ 3,955	$ 4,978
Designated as hedging instrument | Cash flow hedges | Interest rate swap on variable rate loans
Derivative [Line Items]
Notional Amount	$ 50,000	$ 50,000
Weighted Average Maturity (in years)	2 years 6 months	3 years 2 months 12 days
Fair Value Asset (Liability)	$ (4,707)	$ (4,941)
Designated as hedging instrument | Fair Value Hedging
Derivative [Line Items]
Notional Amount	37,190	37,190
Fair Value Asset (Liability)	5,416	4,774
Designated as hedging instrument | Fair Value Hedging | Interest rate swap on deposits
Derivative [Line Items]
Notional Amount	$ 37,190	$ 37,190		$ 37,200
Weighted Average Maturity (in years)	5 years 9 months 18 days	6 years 7 months 6 days
Fair Value Asset (Liability)	$ 5,416	$ 4,774
Carrying Amount of Hedged Assets	27,887	30,045
Cumulative Amount of Fair Value Hedging Adjustment in Carrying Amount	(9,303)	(7,145)
Designated as hedging instrument | Economic hedges
Derivative [Line Items]
Notional Amount	611,445	611,829
Fair Value Asset (Liability)	47
Designated as hedging instrument | Economic hedges | Forward sale commitments
Derivative [Line Items]
Notional Amount	6,425
Fair Value Asset (Liability)	47
Designated as hedging instrument | Economic hedges | Customer loan derivative liability | MNA counterparty
Derivative [Line Items]
Notional Amount	$ 183,510	$ 191,987
Weighted Average Maturity (in years)	5 years 1 month 6 days	5 years 9 months 18 days
Fair Value Asset (Liability)	$ (22,226)	$ (20,287)
Designated as hedging instrument | Economic hedges | Customer loan derivative liability | RPA counterparty
Derivative [Line Items]
Notional Amount	$ 119,000	$ 113,928
Weighted Average Maturity (in years)	5 years 4 months 24 days	6 years
Designated as hedging instrument | Economic hedges | Customer loan derivative asset | Customer
Derivative [Line Items]
Notional Amount	$ 302,510	$ 305,914
Weighted Average Maturity (in years)	5 years 2 months 12 days	5 years 10 months 24 days
Fair Value Asset (Liability)	$ 22,226	$ 20,287
Not designated as hedging instrument
Derivative [Line Items]
Notional Amount	4,920
Fair Value Asset (Liability)	25
Not designated as hedging instrument | Interest Rate Lock Commitment
Derivative [Line Items]
Notional Amount	$ 4,920
Weighted Average Maturity (in years)	1 month 6 days
Fair Value Asset (Liability)	$ 25

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Amount of Gain (Loss) recognized in Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	$ (2,612)	$ (1,206)	$ (1,776)	$ (4,192)
Amount of Gain (Loss) Recognized in Income	629	26	1,603	(578)
Designated as hedging instrument | Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	(516)	81	(608)	569
Amount of Gain (Loss) Recognized in Income	238	(98)	650	(240)
Designated as hedging instrument | Cash flow hedges | Interest rate swap on wholesale funding
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	(564)	1,262	(786)	4,058
Amount of Gain (Loss) Recognized in Income	816	140	2,225	(1)
Designated as hedging instrument | Cash flow hedges | Interest rate swap on variable rate loans
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	48	(1,181)	178	(3,489)
Amount of Gain (Loss) Recognized in Income	(578)	(238)	(1,575)	(239)
Designated as hedging instrument | Fair Value Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	(2,096)	(1,287)	(1,168)	(4,761)
Amount of Gain (Loss) Recognized in Income	369	155	985	(48)
Designated as hedging instrument | Fair Value Hedging | Interest rate swap on deposits
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	(2,096)	(1,287)	(1,168)	(4,761)
Amount of Gain (Loss) Recognized in Income	369	155	985	(48)
Designated as hedging instrument | Economic hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(2)	19	47	(7)
Designated as hedging instrument | Economic hedges | Forward sale commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(2)	19	47	(7)
Not designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	24	(50)	(79)	(283)
Not designated as hedging instrument | Interest Rate Lock Commitment
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 24	$ (50)	$ (79)	$ (283)

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Effect of cash flow hedging and fair value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Loans
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	$ 38,412	$ 27,940	$ 109,889	$ 75,192
Securities and other
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	6,723	5,145	18,478	13,178
Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	11,415	1,801	25,270	4,185
Borrowings
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	4,534	1,374	14,215	3,458
Non-interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	8,815	8,823	26,979	27,093
Interest rate swap on wholesale funding | Cash flow hedges | Borrowings
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on cash flow hedges:	816	140	2,225	(1)
Interest rate swap on variable rate loans | Cash flow hedges | Loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on cash flow hedges:	(578)	(238)	(1,575)	(239)
Interest rate swap on securities | Fair Value Hedging | Securities and other
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on fair value hedges:	$ 369	$ 155	$ 985	$ (48)

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Consolidated statements of income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 629	$ 26	$ 1,603	$ (578)
Designated as hedging instrument | Economic hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(2)	19	47	(7)
Designated as hedging instrument | Economic hedges | Forward sale commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(2)	19	47	(7)
Not designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	24	(50)	(79)	(283)
Not designated as hedging instrument | Interest Rate Lock Commitment
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 24	$ (50)	$ (79)	$ (283)

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Additional information (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) item	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Apr. 30, 2020 USD ($)	Dec. 31, 2019 USD ($) item	Nov. 30, 2019 USD ($)
Derivative [Line Items]
Acquisition, conversion and other expenses	$ 31	$ 20	$ 356
Notional amount of interest rate swap		778,555		$ 774,019
Designated as hedging instrument | Cash flow hedges
Derivative [Line Items]
Notional amount of interest rate swap		125,000		125,000
Designated as hedging instrument | Cash flow hedges | Interest rate swap on variable rate loans
Derivative [Line Items]
Variable rate loan assets		50,000
Notional amount of interest rate swap		$ 50,000		50,000
Designated as hedging instrument | Cash flow hedges | Interest rate swap on variable rate loans | London Interbank Offered Rate Less Two Days
Derivative [Line Items]
Variable interest rate		0.806%
Designated as hedging instrument | Cash flow hedges | Interest rate swap on variable rate loans | SOFR
Derivative [Line Items]
Interest rate margin		0.11%
Designated as hedging instrument | Cash flow hedges | Interest rate swap on wholesale funding
Derivative [Line Items]
Derivative, Number of Instruments Held | item		2
Term of interest rate swap		5 years
Fixed rate of interest rate swap					0.59%		1.53%
Notional amount of interest rate swap		$ 75,000		75,000	$ 25,000		$ 50,000
Designated as hedging instrument | Cash flow hedges | Interest rate swap on wholesale funding | SOFR
Derivative [Line Items]
Interest rate margin		0.26%
Designated as hedging instrument | Fair Value Hedging
Derivative [Line Items]
Notional amount of interest rate swap		$ 37,190		37,190
Designated as hedging instrument | Fair Value Hedging | Interest rate swap on deposits
Derivative [Line Items]
Derivative, Number of Instruments Held | item						8
Notional amount of interest rate swap		37,190		37,190		$ 37,200
Fixed interest rate, weighted average						1.70%
Designated as hedging instrument | Economic hedges
Derivative [Line Items]
Notional amount of interest rate swap		$ 611,445		$ 611,829

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Offsetting Assets and Liabilities (Details) - Designated as hedging instrument - Economic hedges - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Cash Collateral Pledged
Net Amount
MNA counterparty
Derivative [Line Items]
Cash Collateral Pledged
Net Amount
RPA counterparty
Derivative [Line Items]
Cash Collateral Pledged
Net Amount
Customer loan derivative liability
Derivative [Line Items]
Derivative liabilities	(22,226)	(20,287)
Customer loan derivative liability | MNA counterparty
Derivative [Line Items]
Derivative liabilities	(22,226)	(20,287)
Customer loan derivative asset
Derivative [Line Items]
Derivative Assets	22,226	20,287
Customer loan derivative asset | MNA counterparty
Derivative [Line Items]
Derivative Assets	$ 22,226	$ 20,287

FAIR VALUE MEASUREMENTS - Measu

FAIR VALUE MEASUREMENTS - Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 509,453	$ 559,516
Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	97,408	107,737
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	90,864	94,332
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	2,016
Derivative assets	31,669	30,039
Derivative liabilities	(26,933)	(25,228)
Recurring | Obligations of US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,179	2,660
Recurring | US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	189,723	215,027
Recurring | US Government agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	70,434	79,606
Recurring | Private label
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	58,845	60,154
Recurring | Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	97,408	107,737
Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	90,864	94,332
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0
Derivative liabilities	0
Recurring | Level 1 | US Government agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	0
Recurring | Level 1 | Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Recurring | Level 1 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	2,016
Derivative assets	31,644	30,039
Derivative liabilities	(26,933)	(25,228)
Recurring | Level 2 | Obligations of US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,179	2,660
Recurring | Level 2 | US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	189,723	215,027
Recurring | Level 2 | US Government agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	70,434	79,606
Recurring | Level 2 | Private label
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	58,845	60,154
Recurring | Level 2 | Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	97,408	107,737
Recurring | Level 2 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	90,864	$ 94,332
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	25
Derivative liabilities	0
Recurring | Level 3 | US Government agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	0
Recurring | Level 3 | Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0
Recurring | Level 3 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 0

FAIR VALUE MEASUREMENTS - Chang

FAIR VALUE MEASUREMENTS - Changes in Level 3 (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value, Recurring Basis, Unobservable Input Reconciliation, Net Derivative Asset (Liability), Gain (Loss), Statement of Income [Extensible List]	Noninterest Income	Noninterest Income	Noninterest Income	Noninterest Income
Interest Rate Lock Commitment
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning balance	$ 8	$ 50		$ 283
Realized gain (loss) recognized in non-interest income	17	(50)	$ 25	(283)
Ending balance	25		25
Forward Commitments
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning balance	0	(11)	0	15
Realized gain (loss) recognized in non-interest income	47	19	47	(7)
Ending balance	$ 47	$ 8	$ 47	$ 8

FAIR VALUE MEASUREMENTS - Unobs

FAIR VALUE MEASUREMENTS - Unobservable Inputs Recurring (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability), fair value	$ 4,736,000	$ 4,811,000
Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Total	72,000	298,000
Recurring | Level 3 | Interest Rate Lock Commitment | Pull-through Rate Analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability), fair value	$ 25,000	$ 283,000
Closing Ratio	76%	85%
Recurring | Level 3 | Interest Rate Lock Commitment | Pricing Model
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Origination Costs, per loan	$ 1,700	$ 1,700
Recurring | Level 3 | Interest Rate Lock Commitment | Discount Cash Flows
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability) net, measurement input	0.010	0.010
Recurring | Level 3 | Forward Commitments | Quoted prices for similar loans in active markets
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability), fair value	$ 47,000	$ 15,000
Recurring | Level 3 | Forward Commitments | Quoted prices for similar loans in active markets | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability) net, measurement input	97.2	99.8
Recurring | Level 3 | Forward Commitments | Quoted prices for similar loans in active markets | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability) net, measurement input	101.4	103.2

FAIR VALUE MEASUREMENTS - Mea_2

FAIR VALUE MEASUREMENTS - Measured on Non-recurring Basis (Details) - Non-recurring - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Assets
Liabilities measured at fair value	$ 0	$ 0		$ 0
Level 3
Assets
Individually evaluated loans	5,387,000	5,387,000	$ 16,477,000
Capitalized servicing rights	7,077,000	7,077,000	6,845,000
Premises held for sale	252,000	252,000	252,000
Total	12,716,000	12,716,000	23,574,000
Total Gains (Losses)	(7,390,000)	(10,858,000)
Level 3 | Impaired loans
Assets
Total Gains (Losses)	(7,706,000)	(11,090,000)
Level 3 | Capitalized servicing rights
Assets
Total Gains (Losses)	316,000	232,000
Level 3 | Assets held for sale
Assets
Premises held for sale	252,000	252,000	$ 252,000
Total Gains (Losses)	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Uno_2

FAIR VALUE MEASUREMENTS - Unobservable Inputs Non-recurring (Details) - Non-recurring - Level 3 - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	$ 5,387	$ 16,477
Capitalized servicing rights	7,077	6,845
Premises held for sale	252	252
Total	12,716	23,574
Quoted prices for similar loans in active markets
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	4,311	13,587
Discount Cash Flows
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	$ 1,076	$ 2,890
Impaired loans | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Loss severity	10%	1%
Appraised value	$ 150	$ 80
Cash flows	$ 2	$ 100
Discount rate	3.25%	3.63%
Impaired loans | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Loss severity	53%	40%
Appraised value	$ 965	$ 3,859
Cash flows	$ 697	$ 539
Discount rate	7.13%	6.38%
Capitalized servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Constant prepayment rate	7.04%	7.29%
Discount rate	9.56%	9.54%
Assets held for sale
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Premises held for sale	$ 252	$ 252
Selling Costs	6%	6%
Assets held for sale | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Appraised value	$ 267	$ 267

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Values and Carrying Amounts (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Financial Assets
Securities available for sale	$ 509,453	$ 559,516
Financial Liabilities
Time deposits	658,482	323,439
Carrying Amount
Financial Assets
Cash and cash equivalents	122,816	92,295
Securities available for sale	509,453	559,516
FHLB stock	14,834	14,893
Loans held for sale	2,016
Net loans	2,964,780	2,902,690
Accrued interest receivable	5,056	4,257
Cash surrender value of bank-owned life insurance policies	79,469	81,197
Derivative assets	31,669	30,039
Financial Liabilities
Non-maturity deposits	2,482,012	2,719,992
Time deposits	658,482	323,439
Securities sold under agreements to repurchase	9,490	13,369
FHLB advances	297,580	320,588
Subordinated borrowings	60,422	60,289
Derivative liabilities	26,933	25,228
Total Fair Value
Financial Assets
Cash and cash equivalents	122,816	92,295
Securities available for sale	509,453	559,516
FHLB stock	14,834	14,893
Loans held for sale	2,016
Net loans	2,796,561	2,774,863
Accrued interest receivable	5,056	4,257
Cash surrender value of bank-owned life insurance policies	79,469	81,197
Derivative assets	31,669	30,039
Financial Liabilities
Non-maturity deposits	2,489,295	2,309,555
Time deposits	651,067	315,180
Securities sold under agreements to repurchase	9,490	13,369
FHLB advances	297,432	320,244
Subordinated borrowings	67,470	66,846
Derivative liabilities	26,933	25,228
Total Fair Value | Level 1
Financial Assets
Cash and cash equivalents	122,816	92,295
Total Fair Value | Level 2
Financial Assets
Securities available for sale	509,453	559,516
FHLB stock	14,834	14,893
Loans held for sale	2,016
Accrued interest receivable	5,056	4,257
Cash surrender value of bank-owned life insurance policies	79,469	81,197
Derivative assets	31,644	30,039
Financial Liabilities
Non-maturity deposits	2,489,295	2,309,555
Time deposits	651,067	315,180
Securities sold under agreements to repurchase	9,490	13,369
FHLB advances	297,432	320,244
Subordinated borrowings	67,470	66,846
Derivative liabilities	26,933	25,228
Total Fair Value | Level 3
Financial Assets
Net loans	2,796,561	$ 2,774,863
Derivative assets	$ 25

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Total non-interest income	$ 8,815	$ 8,823	$ 26,979	$ 27,093
Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	7,448	7,384	22,259	22,239
Not within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,367	1,439	4,720	4,854
Products and services transferred at a point in time | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	4,045	4,020	11,842	11,755
Products and services transferred over time | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	3,403	3,364	10,417	10,484
Non-interest Income | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	7,448	7,384	22,259	22,239
Trust management fees | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	3,135	3,077	9,724	9,941
Financial services fees | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	387	471	1,158	1,190
Interchange fees | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,971	1,953	5,909	5,849
Customer deposit fees | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,669	1,578	4,688	4,418
Other customer service fees | Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	$ 286	$ 305	$ 780	$ 841

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS - Contract Balances from Contracts with Customers (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Balances from contracts with customers only:
Other Assets	$ 1,093	$ 1,211
Other Liabilities	$ 1,937	$ 2,345
Revenue, Practical Expedient, Incremental Cost of Obtaining Contract [true false]	true

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 11,104	$ 11,430	$ 23,803	$ 19,615	$ 34,907	$ 31,045

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false