Bar Harbor Bankshares (BHB) 10-Q7 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2024	Nov. 05, 2024
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
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		15,267,856
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
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, 2024	Dec. 31, 2023
Cash and cash equivalents:
Cash and due from banks	$ 39,877	$ 42,221
Interest-earning deposits with other banks	41,343	52,621
Total cash and cash equivalents	81,220	94,842
Securities:
Securities available for sale	535,892	534,574
Federal Home Loan Bank stock	7,600	12,788
Total securities	543,492	547,362
Loans held for sale	1,272	2,189
Total loans	3,081,735	2,999,049
Less: Allowance for credit losses	(29,023)	(28,142)
Net loans	3,052,712	2,970,907
Premises and equipment, net	51,644	48,287
Goodwill	119,477	119,477
Other intangible assets	4,171	4,869
Cash surrender value of bank-owned life insurance	81,824	80,037
Deferred tax assets, net	20,923	22,979
Other assets	73,192	79,936
Total assets	4,029,927	3,970,885
Deposits:
Non-interest bearing demand	604,963	569,714
Interest-bearing demand	913,910	946,978
Savings	544,235	553,963
Money market	380,624	370,242
Time	817,354	700,260
Total deposits	3,261,086	3,141,157
Borrowings:
Senior	186,207	271,044
Subordinated	60,580	60,461
Total borrowings	246,787	331,505
Other liabilities	62,138	66,164
Total liabilities	3,570,011	3,538,826
Shareholders' equity
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,267,856 shares and 15,172,131 shares at September 30, 2024 and December 31, 2023, respectively	32,857	32,857
Additional paid-in capital	194,189	193,114
Retained earnings	291,392	272,101
Accumulated other comprehensive loss	(43,085)	(49,862)
Less: 1,160,532 and 1,256,257 shares of treasury stock, at cost, at September 30, 2024 and December 31, 2023, respectively	(15,437)	(16,151)
Total shareholders' equity	459,916	432,059
Total liabilities and shareholders' equity	$ 4,029,927	$ 3,970,885

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
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)	15,267,856	15,172,131
Treasury stock (in shares)	1,160,532	1,256,257

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest and dividend income
Loans	$ 42,042	$ 38,412	$ 122,146	$ 109,889
Securities and other	6,538	6,723	19,095	18,478
Total interest and dividend income	48,580	45,135	141,241	128,367
Interest expense
Deposits	16,174	11,415	45,486	25,270
Borrowings	3,448	4,534	10,983	14,215
Total interest expense	19,622	15,949	56,469	39,485
Net interest income	28,958	29,186	84,772	88,882
Provision for credit losses	228	673	1,102	2,221
Net interest income after provision for credit losses	28,730	28,513	83,670	86,661
Non-interest income
Trust and investment management fee income	4,129	3,522	11,992	10,882
Customer service fees	3,788	3,926	11,235	11,377
Gain on sales of securities, net			50	34
Mortgage banking income	681	415	1,496	1,072
Bank-owned life insurance income	570	515	1,714	2,166
Customer derivative income	265	43	433	258
Other income	220	186	576	588
Total non-interest income	9,653	8,607	27,496	26,377
Non-interest expense
Salaries and employee benefits	14,383	13,011	41,491	39,005
Occupancy and equipment	4,453	4,469	13,308	13,275
Gain on sales of premises and equipment, net			(263)	(99)
Outside services	386	376	1,186	1,156
Professional services	441	436	1,079	1,217
Communication	189	170	570	507
Marketing	434	326	1,522	1,211
Amortization of intangible assets	233	233	699	699
Acquisition, conversion and other expenses			20	20
Provision for unfunded commitments	35	45	(150)	(85)
Other expenses	4,218	3,742	12,640	11,604
Total non-interest expense	24,772	22,808	72,102	68,510
Income before income taxes	13,611	14,312	39,064	44,528
Income tax expense	1,418	3,208	6,519	9,621
Net income	$ 12,193	$ 11,104	$ 32,545	$ 34,907
Earnings per share:
Basic (in dollars per share)	$ 0.80	$ 0.73	$ 2.14	$ 2.31
Diluted (in dollars per share)	$ 0.80	$ 0.73	$ 2.13	$ 2.30
Weighted average common shares outstanding:
Basic (in shares)	15,260,942	15,155,457	15,229,029	15,134,954
Diluted (in shares)	15,326,074	15,195,524	15,291,892	15,188,719

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
Net income	$ 12,193	$ 11,104	$ 32,545	$ 34,907
Other comprehensive income (loss), before tax:
Changes in unrealized gain (loss) on securities available for sale	16,147	(14,586)	10,043	(14,637)
Changes in unrealized gain (loss) on hedging derivatives	82	(3,395)	(1,167)	(2,307)
Changes in unrealized gain on pension			22
Income taxes related to other comprehensive income (loss):
Changes in unrealized (gain) loss on securities available for sale	(3,808)	3,363	(2,368)	3,353
Changes in unrealized (gain) loss on hedging derivatives	(19)	782	275	531
Changes in unrealized gain on pension			(28)
Total other comprehensive income (loss)	12,402	(13,836)	6,777	(13,060)
Total comprehensive income (loss)	$ 24,595	$ (2,732)	$ 39,322	$ 21,847

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, 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
Balance at beginning of period at Dec. 31, 2023	32,857	193,114	272,101	(49,862)	(16,151)	432,059
Increase (Decrease) in Stockholders' Equity
Net income			20,352			20,352
Other comprehensive income (loss)				(5,625)		(5,625)
Cash dividends declared			(8,724)			(8,724)
Net issuance to employee stock plans, including related tax effects		(799)			473	(326)
Recognition of stock based compensation		1,171				1,171
Balance at end of period at Jun. 30, 2024	32,857	193,486	283,729	(55,487)	(15,678)	438,907
Balance at beginning of period at Dec. 31, 2023	32,857	193,114	272,101	(49,862)	(16,151)	432,059
Increase (Decrease) in Stockholders' Equity
Net income						32,545
Other comprehensive income (loss)				6,777		6,777
Balance at end of period at Sep. 30, 2024	32,857	194,189	291,392	(43,085)	(15,437)	459,916
Balance at beginning of period at Jun. 30, 2024	32,857	193,486	283,729	(55,487)	(15,678)	438,907
Increase (Decrease) in Stockholders' Equity
Net income			12,193			12,193
Other comprehensive income (loss)				12,402		12,402
Cash dividends declared			(4,530)			(4,530)
Net issuance to employee stock plans, including related tax effects		(221)			241	20
Recognition of stock based compensation		924				924
Balance at end of period at Sep. 30, 2024	$ 32,857	$ 194,189	$ 291,392	$ (43,085)	$ (15,437)	$ 459,916

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, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED)
Cash dividends declared (in dollars per share)	$ 0.30	$ 0.28	$ 0.58	$ 0.54
Net issuance (in shares)	35,431	11,813	60,294	61,470

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income	$ 32,545	$ 34,907
Adjustments to reconcile net income to net cash provided by operating activities:
Net change in loans held for sale	(917)	2,016
Provision for credit losses	1,102	2,221
Net amortization of securities	1,312	1,758
Change in unamortized net loan costs and premiums	(656)	73
Premises and equipment depreciation	3,138	3,136
Stock-based compensation expense	2,095	1,396
Amortization of other intangibles	699	699
Income from cash surrender value of bank-owned life insurance policies	(1,714)	(2,166)
Gain on sales of securities, net	(50)	(34)
Amortization of right-of-use lease assets	753	900
Decrease in lease liabilities	(744)	(879)
Gain on premises and equipment, net	(263)	(99)
Net change in other assets and liabilities	1,813	(12,835)
Net cash provided by operating activities	39,113	31,093
Cash flows from investing activities:
Proceeds from sales, maturities, calls and prepayments of securities available for sale	47,017	32,542
Purchases of securities available for sale	(39,271)	(1,000)
Net change in loans	(82,251)	(90,244)
Purchase of Federal Home Loan Bank stock	(11,523)	(15,059)
Proceeds from sale of Federal Home Loan Bank stock	16,711	15,118
Purchase of premises and equipment, net	(6,548)	(3,650)
Proceeds from sale of premises held for sale	1,479
Proceeds from death benefit of bank-owned life insurance policy		3,904
Net cash used in investing activities	(74,386)	(58,389)
Cash flows from financing activities:
Net change in deposits	119,929	97,063
Net change in short-term borrowings	(84,829)	(26,880)
Repayments of long-term borrowings	(7)	(14)
Net change in subordinated debt	118	133
Net issuance to employee stock plans	(306)	(128)
Cash dividends paid on common stock	(13,254)	(12,357)
Net cash provided by financing activities	21,651	57,817
Net change in cash and cash equivalents	(13,622)	30,521
Cash and cash equivalents at beginning of year	94,842	92,295
Cash and cash equivalents at end of period	81,220	122,816
Supplemental cash flow information:
Interest paid	53,997	36,298
Income taxes paid, net	$ 7,079	$ 12,228

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2024
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: Income tax expense was $1.4 million in the third quarter 2024 compared with $3.2 million in the prior year quarter. The effective tax rate was 10.4% for the third quarter 2024 compared to 22.4% for the third quarter 2023. The reduction in tax expense in the current quarter is driven by a multiple year tax refund for tax exempt interest income on loans. 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. In the third quarter 2024, management completed its annual goodwill impairment testing using balance sheet and market data as of June 30, 2024. 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, 2024, 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, 2024. 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 existing 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. 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 The adoption of this ASU did not have a material impact on our consolidated financial statements. Standards Not Yet Adopted ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures The amendments in this update require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income [or loss] by the applicable statutory income tax rate). 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
SECURITIES AVAILABLE FOR SALE	Sep. 30, 2024
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, 2024 Debt securities: Obligations of US Government-sponsored enterprises $ 1,380 $ 1 $ (18) $ 1,363 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 214,465 85 (25,098) 189,452 US Government agency 104,994 427 (9,094) 96,327 Private label 46,310 26 (949) 45,387 Obligations of states and political subdivisions thereof 118,147 4,174 (12,994) 109,327 Corporate bonds 102,904 280 (9,148) 94,036 Total securities available for sale $ 588,200 $ 4,993 $ (57,301) $ 535,892 Gross Gross Unrealized Unrealized (in thousands) Amortized Cost Gains Losses Fair Value December 31, 2023 Debt securities: Obligations of US Government-sponsored enterprises $ 2,021 $ — $ (29) $ 1,992 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 223,602 12 (30,332) 193,282 US Government agency 85,005 145 (10,937) 74,213 Private label 60,888 18 (1,855) 59,051 Obligations of states and political subdivisions thereof 119,857 4,515 (14,204) 110,168 Corporate bonds 105,552 19 (9,703) 95,868 Total securities available for sale $ 596,925 $ 4,709 $ (67,060) $ 534,574 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, significant pricing changes, or drops below investment-grade. 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, 2024 and December 31, 2023, 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, 2024 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 $ 3,003 $ 2,598 Over 1 year to 5 years 52,409 48,118 Over 5 years to 10 years 42,355 43,323 Over 10 years 124,664 110,687 Total bonds and obligations 222,431 204,726 Mortgage-backed securities and collateralized mortgage obligations 365,769 331,166 Total securities available for sale $ 588,200 $ 535,892 The following table presents the realized 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) 2024 2023 2024 2023 Gross gains on sales of available for sale securities $ — $ — $ 50 $ 34 Gross losses on sales of available for sale securities — — — — Net gains on sale of available for sale securities $ — $ — $ 50 $ 34 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, 2024 Debt securities: Obligations of US Government-sponsored enterprises $ — $ — $ 18 $ 649 $ 18 $ 649 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 6 4,349 25,092 176,860 25,098 181,209 US Government agency 38 4,814 9,056 64,026 9,094 68,840 Private label 3 1,317 946 25,274 949 26,591 Obligations of states and political subdivisions thereof 6 2,378 12,988 102,422 12,994 104,800 Corporate bonds 417 4,083 8,731 78,766 9,148 82,849 Total securities available for sale $ 470 $ 16,941 $ 56,831 $ 447,997 $ 57,301 $ 464,938 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, 2023 Debt securities: Obligations of US Government-sponsored enterprises $ 1 $ 1,084 $ 28 $ 907 $ 29 $ 1,991 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 10 3,439 30,322 188,611 30,332 192,050 US Government agency 2 120 10,935 68,891 10,937 69,011 Private label — 26 1,855 59,007 1,855 59,033 Obligations of states and political subdivisions thereof 26 3,099 14,178 101,036 14,204 104,135 Corporate bonds 156 4,913 9,547 84,950 9,703 89,863 Total securities available for sale $ 195 $ 12,681 $ 66,865 $ 503,402 $ 67,060 $ 516,083 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, 2024, 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, 2024: 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 2.63% 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 400 out of the total 487 securities in our portfolio of AFS US Government-sponsored enterprises were in unrealized loss positions. Aggregate unrealized losses represented 12.17% 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 121 out of the total 159 securities in our portfolio of AFS US Government agency securities were in unrealized loss positions. Aggregate unrealized losses represented 11.67% 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 19 of the total 25 securities in our portfolio of AFS private label mortgage-backed securities were in unrealized loss positions. Aggregate unrealized losses represented 3.45% 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 54 of the total 67 securities in our portfolio of AFS municipal bonds and obligations were in unrealized loss positions. Aggregate unrealized losses represented 11.44% 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 believe (i) the bonds in this portfolio carry minimal risk of default and (ii) we are appropriately compensated for the risk. There were no material underlying credit downgrades during the quarter. Corporate bonds 29 out of the total 35 securities in our portfolio of AFS corporate bonds were in an unrealized loss position. The aggregate unrealized loss represents 9.94% 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
LOANS AND ALLOWANCE FOR CREDIT LOSSES	Sep. 30, 2024
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) 2024 2023 Commercial construction $ 132,643 $ 154,048 Commercial real estate owner occupied 302,694 310,015 Commercial real estate non-owner occupied 1,296,596 1,144,566 Tax exempt 38,338 43,688 Commercial and industrial 310,322 310,883 Residential real estate 899,123 940,334 Home equity 94,146 87,683 Consumer other 7,873 7,832 Total loans 3,081,735 2,999,049 Allowance for credit losses 29,023 28,142 Net loans $ 3,052,712 $ 2,970,907 Total unamortized net costs and premiums included in loan totals were as follows: September 30, December 31, (in thousands) 2024 2023 Net unamortized loan origination costs $ 2,041 $ 3,039 Net unamortized fair value discount on acquired loans (2,549) (2,891) Total $ (508) $ 148 We exclude accrued interest receivable from the amortized cost basis of loans disclosed throughout this footnote. As of September 30, 2024 and December 31, 2023, accrued interest receivable for loans totaled $12.3 million and $11.9 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, 2024 Balance at Beginning of Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction $ 4,217 $ — $ — $ (1,464) $ 2,753 Commercial real estate owner occupied 2,620 — — 314 2,934 Commercial real estate non-owner occupied 9,574 — — 965 10,539 Tax exempt 110 — — 7 117 Commercial and industrial 3,982 (9) 1 217 4,191 Residential real estate 7,516 — 5 51 7,572 Home equity 763 — 3 80 846 Consumer other 73 (89) 29 58 71 Total $ 28,855 $ (98) $ 38 $ 228 $ 29,023 At or for the Nine Months Ended September 30, 2024 Balance at Beginning of Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction $ 4,261 $ — $ — $ (1,508) $ 2,753 Commercial real estate owner occupied 2,863 (3) — 74 2,934 Commercial real estate non-owner occupied 9,443 — — 1,096 10,539 Tax exempt 119 — — (2) 117 Commercial and industrial 3,259 (91) 17 1,006 4,191 Residential real estate 7,352 — 13 207 7,572 Home equity 767 — 8 71 846 Consumer other 78 (223) 58 158 71 Total $ 28,142 $ (317) $ 96 $ 1,102 $ 29,023 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 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: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Beginning Balance $ 3,640 $ 3,780 $ 3,825 $ 3,910 Provision for credit losses 35 45 (150) (85) Ending Balance $ 3,675 $ 3,825 $ 3,675 $ 3,825 Loan Origination/Risk Management: Credit Quality Indicators: The following are the definitions of our credit quality indicators: Pass: Special Mention: 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, 2024 : (in thousands) 2024 2023 2022 2021 2020 Prior Total Commercial construction Risk rating: Pass $ 16,490 $ 28,989 $ 71,155 $ 895 $ 5,343 $ 9,771 $ 132,643 Special mention — — — — — — — Substandard — — — — — — — Total $ 16,490 $ 28,989 $ 71,155 $ 895 $ 5,343 $ 9,771 $ 132,643 Current period gross write-offs — — — — — — — Commercial real estate owner occupied Risk rating: Pass $ 26,103 $ 59,703 $ 61,243 $ 30,222 $ 21,028 $ 98,435 $ 296,734 Special mention — 136 — — — 2,095 2,231 Substandard — — — — — 3,626 3,626 Doubtful — — — — — 103 103 Total $ 26,103 $ 59,839 $ 61,243 $ 30,222 $ 21,028 $ 104,259 $ 302,694 Current period gross write-offs — — — — — 3 3 Commercial real estate non-owner occupied Risk rating: Pass $ 71,774 $ 40,475 $ 406,603 $ 243,094 $ 133,453 $ 312,889 $ 1,208,288 Special mention — — 379 21,266 27,781 13,658 63,084 Substandard — 7,730 — — — 17,494 25,224 Doubtful — — — — — — — Total $ 71,774 $ 48,205 $ 406,982 $ 264,360 $ 161,234 $ 344,041 $ 1,296,596 Current period gross write-offs — — — — — — — Tax exempt Risk rating: Pass $ 4,629 $ 2,669 $ 6,284 $ 614 $ 178 $ 23,964 $ 38,338 Special mention — — — — — — — Substandard — — — — — — — Total $ 4,629 $ 2,669 $ 6,284 $ 614 $ 178 $ 23,964 $ 38,338 Current period gross write-offs — — — — — — — Commercial and industrial Risk rating: Pass $ 54,982 $ 65,061 $ 48,793 $ 14,726 $ 33,556 $ 68,402 $ 285,520 Special mention 10 15,182 1,357 910 168 3,058 20,685 Substandard 128 137 476 227 111 2,951 4,030 Doubtful — — — — — 87 87 Total $ 55,120 $ 80,380 $ 50,626 $ 15,863 $ 33,835 $ 74,498 $ 310,322 Current period gross write-offs — — — 62 7 22 91 Residential real estate Performing $ 22,821 $ 72,614 $ 177,091 $ 156,724 $ 91,186 $ 375,105 $ 895,541 Nonperforming — — 463 — — 3,119 3,582 Total $ 22,821 $ 72,614 $ 177,554 $ 156,724 $ 91,186 $ 378,224 $ 899,123 Current period gross write-offs — — — — — — — Home equity Performing $ 15,213 $ 16,213 $ 13,275 $ 7,275 $ 5,706 $ 35,510 $ 93,192 Nonperforming — — 47 55 — 852 954 Total $ 15,213 $ 16,213 $ 13,322 $ 7,330 $ 5,706 $ 36,362 $ 94,146 Current period gross write-offs — — — — — — — Consumer other Performing $ 3,679 $ 1,856 $ 1,073 $ 352 $ 140 $ 742 $ 7,842 Nonperforming — 8 — 2 1 20 31 Total $ 3,679 $ 1,864 $ 1,073 $ 354 $ 141 $ 762 $ 7,873 Current period gross write-offs — 56 9 — 2 156 223 Total Loans $ 215,829 $ 310,773 $ 788,239 $ 476,362 $ 318,651 $ 971,881 $ 3,081,735 The following table presents our loans by year of origination, loan segmentation and risk indicator as of December 31, 2023: (in thousands) 2023 2022 2021 2020 2019 Prior Total Commercial construction Risk rating: Pass $ 14,040 $ 99,115 $ 35,978 $ 3,992 $ — $ 923 $ 154,048 Special mention — — — — — — — Substandard — — — — — — — Total $ 14,040 $ 99,115 $ 35,978 $ 3,992 $ — $ 923 $ 154,048 Current period gross write-offs — — — — — — — Commercial real estate owner occupied Risk rating: Pass $ 57,603 $ 61,015 $ 43,228 $ 20,209 $ 20,462 $ 91,187 $ 293,704 Special mention 160 387 7,488 1,596 — 3,066 12,697 Substandard — — — — — 3,497 3,497 Doubtful — — — — — 117 117 Total $ 57,763 $ 61,402 $ 50,716 $ 21,805 $ 20,462 $ 97,867 $ 310,015 Current period gross write-offs — — — — — — — Commercial real estate non-owner occupied Risk rating: Pass $ 41,270 $ 353,613 $ 199,311 $ 127,231 $ 78,759 $ 238,973 $ 1,039,157 Special mention 7,809 — 14,134 37,249 15,246 17,108 91,546 Substandard — — — — — 13,863 13,863 Doubtful — — — — — — — Total $ 49,079 $ 353,613 $ 213,445 $ 164,480 $ 94,005 $ 269,944 $ 1,144,566 Current period gross write-offs — — — — — — — Tax exempt Risk rating: Pass $ 6,340 $ 8,468 $ 787 $ 208 $ 590 $ 27,295 $ 43,688 Special mention — — — — — — — Substandard — — — — — — — Total $ 6,340 $ 8,468 $ 787 $ 208 $ 590 $ 27,295 $ 43,688 Current period gross write-offs — — — — — — — Commercial and industrial Risk rating: Pass $ 80,942 $ 69,402 $ 22,205 $ 38,824 $ 14,739 $ 77,273 $ 303,385 Special mention 364 1,446 — 776 28 3,588 6,202 Substandard 58 94 186 109 95 532 1,074 Doubtful — — — — 87 135 222 Total $ 81,364 $ 70,942 $ 22,391 $ 39,709 $ 14,949 $ 81,528 $ 310,883 Current period gross write-offs — — — — 5 659 664 Residential real estate Performing $ 72,395 $ 194,109 $ 165,434 $ 96,016 $ 62,648 $ 345,823 $ 936,425 Nonperforming — — 41 — 234 3,634 3,909 Total $ 72,395 $ 194,109 $ 165,475 $ 96,016 $ 62,882 $ 349,457 $ 940,334 Current period gross write-offs — — — — — 8 8 Home equity Performing $ 15,582 $ 15,334 $ 7,873 $ 6,633 $ 4,800 $ 36,652 $ 86,874 Nonperforming — — — — — 809 809 Total $ 15,582 $ 15,334 $ 7,873 $ 6,633 $ 4,800 $ 37,461 $ 87,683 Current period gross write-offs — — — — — 12 12 Consumer other Performing $ 4,128 $ 1,787 $ 696 $ 301 $ 51 $ 864 $ 7,827 Nonperforming — — 4 1 — — 5 Total $ 4,128 $ 1,787 $ 700 $ 302 $ 51 $ 864 $ 7,832 Current period gross write-offs — 52 18 5 — 214 289 Total Loans $ 300,691 $ 804,770 $ 497,365 $ 333,145 $ 197,739 $ 865,339 $ 2,999,049 Past Dues The following is a summary of past due loans for the periods ended: September 30, 2024 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction $ — $ — $ — $ — $ 132,643 $ 132,643 Commercial real estate owner occupied 89 156 798 1,043 301,651 302,694 Commercial real estate non-owner occupied 195 — 274 469 1,296,127 1,296,596 Tax exempt — — — — 38,338 38,338 Commercial and industrial 99 15 747 861 309,461 310,322 Residential real estate 478 1,070 1,279 2,827 896,296 899,123 Home equity 137 589 297 1,023 93,123 94,146 Consumer other 18 3 28 49 7,824 7,873 Total $ 1,016 $ 1,833 $ 3,423 $ 6,272 $ 3,075,463 $ 3,081,735 December 31, 2023 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction $ — $ — $ — $ — $ 154,048 $ 154,048 Commercial real estate owner occupied — — — — 310,015 310,015 Commercial real estate non-owner occupied — — 103 103 1,144,463 1,144,566 Tax exempt — — — — 43,688 43,688 Commercial and industrial 465 59 330 854 310,029 310,883 Residential real estate 1,520 627 1,999 4,146 936,188 940,334 Home equity 600 — 337 937 86,746 87,683 Consumer other 10 2 — 12 7,820 7,832 Total $ 2,595 $ 688 $ 2,769 $ 6,052 $ 2,992,997 $ 2,999,049 Non-Accrual Loans The following is a summary of non-accrual loans for the periods ended: September 30, 2024 Nonaccrual With No 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction $ — $ — $ — Commercial real estate owner occupied 846 743 — Commercial real estate non-owner occupied 469 195 — Tax exempt — — — Commercial and industrial 1,219 389 — Residential real estate 3,582 928 — Home equity 954 1 — Consumer other 30 1 — Total $ 7,100 $ 2,257 $ — December 31, 2023 Nonaccrual With No 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction $ — $ — $ — Commercial real estate owner occupied 103 44 — Commercial real estate non-owner occupied 340 224 — Tax exempt — — — Commercial and industrial 363 6 — Residential real estate 3,908 1,131 118 Home equity 809 1 22 Consumer other 5 — — Total $ 5,528 $ 1,406 $ 140 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, 2024 December 31, 2023 (in thousands) Real Estate Other Real Estate Other Commercial construction $ — $ — $ — $ — Commercial real estate owner occupied 846 — 104 — Commercial real estate non-owner occupied 469 — 340 — Tax exempt — — — — Commercial and industrial 1,219 — 229 134 Residential real estate 3,582 — 3,908 — Home equity 954 — 808 — Consumer other 30 — 5 — Total $ 7,100 $ — $ 5,394 $ 134 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. 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, 2024 and 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, 2024 Commercial construction $ — $ — $ — $ — $ — — % Commercial real estate owner occupied — — — — — — Commercial real estate non-owner occupied — — — — — — Tax exempt — — — — — — Commercial and industrial — — 9 — — 0.00 Residential real estate — 70 — — 76 0.02 Home equity — — — — — — Consumer other — — — — — — Total $ — $ 70 $ 9 $ — $ 76 0.01 % Nine Months Ended September 30, 2024 Commercial construction $ — $ — $ — $ — $ — — % Commercial real estate owner occupied — — — — — — Commercial real estate non-owner occupied — — — — — — Tax exempt — — — — — — Commercial and industrial — — 9 — — 0.00 Residential real estate — 70 31 — 76 0.02 Home equity — — — — — — Consumer other — — — — — — Total $ — $ 70 $ 40 $ — $ 76 0.01 (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, 2024 and 2023. Weighted-Average Months of Payment Delay Weighted-Average Months of Term Extension Weighted-Average Interest Rate Reduction Three Months Ended September 30, 2024 Commercial construction — — — % Commercial real estate owner occupied — — — Commercial real estate non-owner occupied — — — Tax exempt — — — Commercial and industrial — 58 — Residential real estate 3 60 1.25 Home equity — — — Consumer other — — — Nine Months Ended September 30, 2024 Commercial construction — — — % Commercial real estate owner occupied — — — Commercial real estate non-owner occupied — — — Tax exempt — — — Commercial and industrial — 58 — Residential real estate 3 61 1.25 Home equity — — — Consumer other — — — 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 4 3.75 Residential real estate — — 1.38 Home equity — — — Consumer other — — — 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 4 3.75 Residential real estate — — 1.38 Home equity — — — Consumer other — — — Foreclosure There were $331 thousand of residential mortgage loans collateralized by real estate that are in the process of foreclosure as of September 30, 2024. Residential mortgage loans collateralized by real estate that are in the process of foreclosure as of December 31, 2023 totaled $430 thousand. Mortgage Banking Loans held for sale at September 30, 2024 had an unpaid principal balance of $1.2 million and $2.2 million as of December 31, 2023. 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 $7.0 million at September 30, 2024, and $5.0 million at December 31, 2023. For the three months ended September 30, 2024 and 2023, we sold $20.7 million and $20.2 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 $317 thousand and $14 thousand, respectively. For the nine months ended September 30, 2024 and 2023, we sold $37.9 million and $26.3 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 $502 thousand and $22 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
BORROWED FUNDS	Sep. 30, 2024
BORROWED FUNDS
BORROWED FUNDS	NOTE 4. BORROWED FUNDS Borrowed funds at September 30, 2024 and December 31, 2023 are summarized, as follows: September 30, 2024 December 31, 2023 Weighted Weighted (dollars in thousands) Carrying Value Average Rate Carrying Value Average Rate Short-term borrowings Advances from the FHLB $ 133,800 4.99 % $ 232,300 5.46 % Advances from the FRB BTFP 45,000 4.76 30,000 4.90 Other borrowings 7,136 0.21 8,465 0.56 Total short-term borrowings 185,936 4.73 270,765 5.22 Long-term borrowings Advances from the FHLB 272 3.58 279 4.39 Subordinated borrowings 60,579 6.17 60,461 6.22 Total long-term borrowings 60,851 6.16 60,740 6.21 Total $ 246,787 5.01 % $ 331,505 5.40 % 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, 2024 and December 31, 2023. There are no variable rate short-term FHLB borrowings. We have the capacity to borrow funds on a secured basis utilizing the Borrower in Custody program, and the Discount Window at the Federal Reserve Bank of Boston (the “Reserve Bank”). At September 30, 2024, our available secured line of credit at the Reserve Bank was $132.0 million versus $156.6 million at December 31, 2023. We have pledged certain loans and securities to the Reserve Bank to support this arrangement. As of September 30, 2024, we maintained a Bank Term Funding Program (the “BTFP”) balance of $45 million at a fixed rate of 4.76% with a maturity date of January 16, 2025. During the first quarter 2024, we prepaid our existing advance of $30 million at a rate of 4.85%, and entered into a new advance for $65 million at a rate of 4.76%. During the third quarter of 2024, we prepaid $20 million of our existing advance. The BTFP was an additional source of liquidity with favorable prepayment terms, as we may prepay at any time without penalty. As announced by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) on January 24, 2024, the BTFP has ceased making new loans effective March 11, 2024. We maintain an unused unsecured federal funds line of credit with a correspondent bank that has an aggregate overnight borrowing capacity of $40.0 million as of September 30, 2024 and December 31, 2023. There was no outstanding balance on the line of credit as of September 30, 2024 and December 31, 2023. Long-term FHLB advances consist of advances with a remaining maturity of more than one year. The advances outstanding at September 30, 2024 include no callable advances and amortizing advances of $272 thousand. There were no callable advances outstanding and $279 thousand of amortizing advances at December 31, 2023. All FHLB borrowings, including the line of credit, are secured by a blanket security agreement on certain qualified collateral, principally residential first mortgage loans and certain securities. There are no variable rate long-term FHLB borrowings. A summary of maturities of FHLB advances as of September 30, 2024 is, as follows: Weighted Average (in thousands, except rates) Amount Rate 2024 $ 113,800 5.15 % 2025 20,000 4.05 Thereafter 272 3.58 Total FHLB advances $ 134,072 4.98 % We executed a Subordinated Note Purchase Agreement with an aggregate of $40.0 million of subordinated notes (the “Notes”) to accredited investors on November 19, 2019. 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 $40 thousand as of September 30, 2024 and $158 thousand net of amortization as of December 31, 2023, which are netted against the subordinated debt. On September 27, 2024, we notified the trustee of the Notes that we had exercised our option to partially redeem an aggregate $20.0 million of the Notes, effective December 1, 2024. 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 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 the Company 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, 2024 December 31, 2023 Customer Repurchase Agreements US Government-sponsored enterprises $ 7,136 $ 8,465 Total $ 7,136 $ 8,465

DEPOSITS

DEPOSITS	9 Months Ended
DEPOSITS	Sep. 30, 2024
DEPOSITS.
DEPOSITS	NOTE 5. DEPOSITS A summary of time deposits is, as follows: (in thousands) September 30, 2024 December 31, 2023 Time less than $100,000 $ 449,922 $ 381,902 Time $100,000 through $250,000 187,100 163,933 Time $250,000 or more 180,332 154,425 Total $ 817,354 $ 700,260 At September 30, 2024 and December 31, 2023, the scheduled maturities by year for time deposits are, as follows: (in thousands) September 30, 2024 December 31, 2023 Within 1 year $ 795,594 $ 670,961 Over 1 year to 2 years 14,049 17,000 Over 2 years to 3 years 4,301 6,932 Over 3 years to 4 years 2,282 3,434 Over 4 years to 5 years 1,014 1,795 Over 5 years 114 138 Total $ 817,354 $ 700,260 Included in time deposits are brokered deposits of $274.3 million and $219.6 million at September 30, 2024 and December 31, 2023, respectively. Also included in time deposits are reciprocal deposits of $55.6 million and $43.3 million at September 30, 2024 and December 31, 2023, respectively.

CAPITAL RATIOS AND SHAREHOLDERS

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	9 Months Ended
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY	Sep. 30, 2024
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, 2024 Minimum Regulatory Actual Capital Requirements (in thousands, except ratios) Amount Ratio Amount Ratio Company (consolidated) Total capital to risk-weighted assets $ 472,668 14.37 % $ 263,059 8.00 % Common equity tier 1 capital to risk-weighted assets 379,352 11.54 147,971 4.50 Tier 1 capital to risk-weighted assets 399,972 12.16 197,295 6.00 Tier 1 capital to average assets (leverage ratio) 399,972 10.09 158,637 4.00 Bank Total capital to risk-weighted assets $ 465,418 14.17 % $ 262,744 8.00 % Common equity tier 1 capital to risk-weighted assets 432,722 13.18 147,793 4.50 Tier 1 capital to risk-weighted assets 432,722 13.18 197,058 6.00 Tier 1 capital to average assets (leverage ratio) 432,722 10.92 158,511 4.00 December 31, 2023 Minimum Regulatory Actual Capital Requirements (in thousands, except ratios) Amount Ratio Amount Ratio Company (consolidated) Total capital to risk-weighted assets $ 450,160 14.24 % $ 252,888 8.00 % Common equity tier 1 capital to risk-weighted assets 357,574 11.31 142,249 4.50 Tier 1 capital to risk-weighted assets 378,194 11.96 189,666 6.00 Tier 1 capital to average assets (leverage ratio) 378,194 9.70 156,022 4.00 Bank Total capital to risk-weighted assets $ 441,278 13.97 % $ 252,642 8.00 % Common equity tier 1 capital to risk-weighted assets 409,312 12.96 142,111 4.50 Tier 1 capital to risk-weighted assets 409,312 12.96 189,482 6.00 Tier 1 capital to average assets (leverage ratio) 409,312 10.50 155,908 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, 2024 December 31, 2023 Accumulated other comprehensive loss, before tax: Net unrealized loss on AFS securities $ (52,308) $ (62,351) Net unrealized loss on hedging derivatives (2,489) (1,322) Net unrealized loss on post-retirement plans (1,517) (1,540) Income taxes related to items of accumulated other comprehensive loss: Net unrealized loss on AFS securities 12,334 14,702 Net unrealized loss on hedging derivatives 587 312 Net unrealized loss on post-retirement plans 308 337 Accumulated other comprehensive loss $ (43,085) $ (49,862) The following table presents the components of other comprehensive income (loss) for the three and nine months ended September 30, 2024 and 2023: (in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2024 Net unrealized gain on AFS securities: Net unrealized gain arising during the period $ 16,147 $ (3,808) $ 12,339 Less: reclassification adjustment for gains realized in net income — — — Net unrealized gain on AFS securities 16,147 (3,808) 12,339 Net unrealized gain on hedging derivatives: Net unrealized gain arising during the period 82 (19) 63 Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives 82 (19) 63 Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive gain $ 16,229 $ (3,827) $ 12,402 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) Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive loss $ (17,981) $ 4,145 $ (13,836) (in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2024 Net unrealized gain on AFS securities: Net unrealized gain arising during the period $ 10,093 $ (2,380) $ 7,713 Less: reclassification adjustment for gains realized in net income 50 (12) 38 Net unrealized gain on AFS securities 10,043 (2,368) 7,675 Net unrealized loss on hedging derivatives: Net unrealized loss arising during the period (1,167) 275 (892) Less: reclassification adjustment for gains realized in net income — — — Net unrealized loss on hedging derivatives (1,167) 275 (892) Net unrealized gain on post-retirement plans: Net unrealized gain arising during the period 22 (28) (6) Less: reclassification adjustment for gains realized in net income — — — Net unrealized gain on post-retirement plans 22 (28) (6) Other comprehensive gain $ 8,898 $ (2,121) $ 6,777 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 realized in net income — — — Net unrealized loss on hedging derivatives (2,307) 531 (1,776) Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive loss $ (16,944) $ 3,884 $ (13,060) 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, 2024 and 2023: 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, 2024 Balance at beginning of period $ (52,313) $ (1,965) $ (1,209) $ (55,487) Other comprehensive gain before reclassifications 12,339 63 — 12,402 Less: amounts reclassified from accumulated other comprehensive income — — — — Total other comprehensive gain 12,339 63 — 12,402 Balance at end of period $ (39,974) $ (1,902) $ (1,209) $ (43,085) 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) Nine Months Ended September 30, 2024 Balance at beginning of period $ (47,649) $ (1,010) $ (1,203) $ (49,862) Other comprehensive gain before reclassifications 7,713 (892) (6) 6,815 Less: amounts reclassified from accumulated other comprehensive income 38 — — 38 Total other comprehensive gain 7,675 (892) (6) 6,777 Balance at end of period $ (39,974) $ (1,902) $ (1,209) $ (43,085) 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) The following tables presents the amounts reclassified out of each component of accumulated other comprehensive income for three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, Affected Line Item where (in thousands) 2024 2023 2024 2023 Net Income is Presented Net realized gains on AFS securities: Before tax $ — $ — $ 50 $ 34 Non-interest income Tax effect — — (12) (8) Tax expense Total reclassifications for the period $ — $ — $ 38 $ 26

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
EARNINGS PER SHARE	Sep. 30, 2024
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) 2024 2023 2024 2023 Net income $ 12,193 $ 11,104 $ 32,545 $ 34,907 Average number of basic common shares outstanding 15,260,942 15,155,457 15,229,029 15,134,954 Plus: dilutive effect of stock options and awards outstanding 65,132 40,067 62,863 53,765 Average number of diluted common shares outstanding (1) 15,326,074 15,195,524 15,291,892 15,188,719 Earnings per share: Basic $ 0.80 $ 0.73 $ 2.14 $ 2.31 Diluted 0.80 0.73 2.13 2.30 (1) Average diluted shares outstanding are computed using the treasury stock method.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	Sep. 30, 2024
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, 2024 and December 31, 2023: September 30, 2024 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 funding $ 75,000 0.3 $ 745 Other assets Interest rate swap on variable rate loans 50,000 1.5 (2,069) Other liabilities Total cash flow hedges 125,000 (1,324) Fair value hedges: Interest rate swap on securities 37,190 4.8 3,005 Other assets Total fair value hedges 37,190 3,005 Economic hedges: Forward sale commitments 7,025 0.1 (8) Other liabilities Customer Loan Swaps-MNA Counterparty 193,534 4.4 (10,620) Other liabilities Customer Loan Swaps-RPA Counterparty 143,914 5.3 — Other liabilities Customer Loan Swaps-Customer 337,448 4.8 10,620 Other assets Total economic hedges 681,921 (8) Non-hedging derivatives: Interest rate lock commitments 7,502 0.1 147 Other assets Total non-hedging derivatives 7,502 147 Total $ 851,613 $ 1,820 December 31, 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 funding $ 75,000 1.0 $ 2,803 Other assets Interest rate swap on variable rate loans 50,000 2.2 (3,459) Other liabilities Total cash flow hedges 125,000 (656) Fair value hedges: Interest rate swap on securities 37,190 5.6 3,844 Other assets Total fair value hedges 37,190 3,844 Economic hedges: Forward sale commitments 5,000 — (20) Other liabilities Customer Loan Swaps-MNA Counterparty 197,683 4.9 (14,842) Other liabilities Customer Loan Swaps-RPA Counterparty 133,703 4.9 — Other liabilities Customer Loan Swaps-Customer 331,386 4.9 14,842 Other assets Total economic hedges 667,772 (20) Non-hedging derivatives: Interest rate lock commitments 3,153 0.1 63 Other assets Total non-hedging derivatives 3,153 63 Total $ 833,115 $ 3,231 As of September 30, 2024 and December 31, 2023, 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, 2024 Interest rate swap on securities Securities available for sale $ 33,019 $ (4,171) December 31, 2023 Interest rate swap on securities Securities available for sale $ 32,680 $ (4,510) Information about derivative assets and liabilities for the three and nine months ended September 30, 2024 and 2023, follows: Three Months Ended September 30, 2024 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 $ (706) Interest expense $ — Interest expense $ 828 Interest rate swap on variable rate loans 911 Interest income — Interest income (588) Total cash flow hedges 205 — 240 Fair value hedges: Interest rate swap on securities (142) Interest income — Interest income 372 Total fair value hedges (142) — 372 Economic hedges: Forward commitments — Other income — Mortgage banking income (23) Total economic hedges — — (23) Non-hedging derivatives: Interest rate lock commitments — Other expense — Mortgage banking income 1 Total non-hedging derivatives — — 1 Total $ 63 $ — $ 590 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 economic 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 Nine Months Ended September 30, 2024 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 $ (1,572) Interest expense $ — Interest expense $ 2,483 Interest rate swap on variable rate loans 1,062 Interest income — Interest income (1,758) Total cash flow hedges (510) — 725 Fair value hedges: Interest rate swap on securities (382) Interest expense — Interest income 1,113 Total fair value hedges (382) — 1,113 Economic hedges: Forward commitments — Other income — Mortgage banking income 12 Total economic hedges — — 12 Non-hedging derivatives: Interest rate lock commitments — Other expense — Mortgage banking income 84 Total non-hedging derivatives — — 84 Total $ (892) $ — $ 1,934 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 economic 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 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, 2024 and 2023: Three Months Ended September 30, 2024 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 $ 42,042 $ 6,538 $ 16,174 $ 3,448 $ 9,653 The effects of cash flow and fair value hedging: Gain (loss) on cash flow hedges: Interest rate swap on wholesale funding — — — 828 — Interest rate swap on variable rate loans (588) — — — — Gain (loss) on fair value hedges: Interest rate swap on securities — 372 — — — 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 — — — Nine Months Ended September 30, 2024 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 $ 122,146 $ 19,095 $ 45,486 $ 10,983 $ 27,496 The effects of cash flow and fair value hedging: Gain (loss) on cash flow hedges: Interest rate swap on wholesale funding — — — 2,483 — Interest rate swap on variable rate loans (1,758) — — — — Gain (loss) on fair value hedges: Interest rate swap on securities — 1,113 — — — 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 — — — The effect of derivatives not designated as hedging instruments on the consolidated statements of income for the three and nine months ended September 30, 2024 and 2023 is as follows: Location of Gain (Loss) Recognized Three Months Ended September 30, Nine Months Ended September 30, (In thousands) in Non-interest Income 2024 2023 2024 2023 Economic hedges: Forward commitments Mortgage banking income $ (23) $ (2) $ 12 $ 47 Non-hedging derivatives: Interest rate lock commitments Mortgage banking income 1 24 84 (79) Cash flow hedges Interest rate swaps on wholesale funding As of September 30, 2024, 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 a 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 SOFR based variable interest rates. 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. The below tables describe the potential effect of master netting arrangements on the consolidated balance sheet and the financial collateral pledged for these arrangements: Gross Amounts Offset in the Consolidated Balance Sheet Derivative Cash Collateral (in thousands) Liabilities Derivative Assets Pledged Net Amount As of September 30, 2024 Customer Loan Derivatives: MNA counterparty $ (10,620) $ 10,620 $ — $ — RPA counterparty — — — — Total $ (10,620) $ 10,620 $ — $ — Gross Amounts Offset in the Consolidated Balance Sheet Derivative Cash Collateral (in thousands) Liabilities Derivative Assets Pledged Net Amount As of December 31, 2023 Customer Loan Derivatives: MNA counterparty $ (14,842) $ 14,842 $ — $ — RPA counterparty — — — — Total $ (14,842) $ 14,842 $ — $ — 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
FAIR VALUE MEASUREMENTS	Sep. 30, 2024
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, 2024 and December 31, 2023, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: September 30, 2024 Level 1 Level 2 Level 3 Total (in thousands) Inputs Inputs Inputs Fair Value Available for sale securities: Obligations of US Government-sponsored enterprises $ — $ 1,363 $ — $ 1,363 Mortgage-backed securities: US Government-sponsored enterprises — 189,452 — 189,452 US Government agency — 96,327 — 96,327 Private label — 45,387 — 45,387 Obligations of states and political subdivisions thereof — 109,327 — 109,327 Corporate bonds — 94,036 — 94,036 Loans held for sale — 1,272 — 1,272 Derivative assets — 14,370 147 14,517 Derivative liabilities — (12,689) (8) (12,697) December 31, 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 $ — $ 1,992 $ — $ 1,992 Mortgage-backed securities: US Government-sponsored enterprises — 193,282 — 193,282 US Government agency — 74,213 — 74,213 Private label — 59,051 — 59,051 Obligations of states and political subdivisions thereof — 110,168 — 110,168 Corporate bonds — 95,868 — 95,868 Loans held for sale — 2,189 — 2,189 Derivative assets — 21,775 63 21,838 Derivative liabilities — (18,587) (20) (18,607) 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, 2024, 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, 2024 and 2023: Assets (Liabilities) Interest Rate Lock Forward (in thousands) Commitments Commitments Three Months Ended September 30, 2024 Balance at beginning of period $ 146 $ 15 Realized gain recognized in non-interest income 1 (23) Balance at end of period $ 147 $ (8) Three Months Ended September 30, 2023 Balance at beginning of period $ 8 $ — Realized gain (loss) recognized in non-interest income 17 47 Balance at end of period $ 25 $ 47 Nine Months Ended September 30, 2024 Balance at beginning of period $ 63 $ (20) Realized gain recognized in non-interest income 84 12 Balance at end of period $ 147 $ (8) Nine Months Ended September 30, 2023 Balance at beginning of period $ — $ — Realized loss recognized in non-interest income 25 47 Balance at end of period $ 25 $ 47 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) 2024 Techniques Inputs Input Value Assets (Liabilities) Interest Rate Lock Commitment $ 147 Pull-through Rate Analysis Closing Ratio 88 % Pricing Model Origination Costs, per loan $ 1.7 Discount Cash Flows Mortgage Servicing Asset 1.0 % Forward Commitments (8) Quoted prices for similar loans in active markets Freddie Mac pricing system $101 to $104.2 Total $ 139 Fair Value Significant December 31, Valuation Unobservable Unobservable (in thousands, except ratios) 2023 Techniques Inputs Input Value Assets (Liabilities) Interest Rate Lock Commitment $ 63 Pull-through Rate Analysis Closing Ratio 95 % Pricing Model Origination Costs, per loan $ 1.7 Discount Cash Flows Mortgage Servicing Asset 1.0 % Forward Commitments (20) Quoted prices for similar loans in active markets Freddie Mac pricing system $100.9 to $103.3 Total $ 43 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, 2024 Dec 31, 2023 September 30, 2024 September 30, 2024 September 30, 2024 Level 3 Level 3 Total Total Level 3 (in thousands) Inputs Inputs Gains (Losses) Gains (Losses) Inputs Assets Individually evaluated loans $ 3,496 $ 3,500 $ 867 $ (4) September 2024 Capitalized servicing rights 6,545 6,764 (449) (219) September 2024 Premises held for sale 252 1,154 — (902) September 2024 Total $ 10,293 $ 11,418 $ 418 $ (1,125) There are no liabilities measured at fair value on a non-recurring basis in 2024 and 2023. Quantitative information about the significant unobservable inputs within Level 3 non-recurring assets is, as follows: (in thousands, except ratios) Fair Value September 30, 2024 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets Individually evaluated loans $ 3,001 Fair value of collateral-appraised value Loss severity 10% to 61% Appraised value $215 to $1,260 Individually evaluated loans 495 Discount cash flow Discount rate 4.00% to 4.99% Cash flows $504 to $505 Capitalized servicing rights 6,545 Discounted cash flow Constant prepayment rate 7.64% Discount rate 10.06% Premises held for sale 252 Fair value of asset less selling costs Appraised value $265 Selling Costs 5% Total $ 10,293 (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, 2023 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets Individually evaluated loans $ 2,437 Fair value of collateral-appraised value Loss severity 10% to 43% Appraised value $80 to $965 Individually evaluated loans 1,063 Discount cash flow Discount rate 3.25% to 7.13% Cash flows $2 to $520 Capitalized servicing rights 6,764 Discounted cash flow Constant prepayment rate 7.20% Discount rate 10.06% Premises held for sale 1,154 Fair value of asset less selling costs Appraised value $1,223 Selling Costs 6% Total $ 11,418 (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, 2024 and December 31, 2023. Individually evaluated loans Loans are generally not recorded at fair value on a recurring basis. Periodically, we record non-recurring adjustments to the carrying value of loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Non-recurring adjustments can also include certain impairment amounts for collateral-dependent loans calculated when establishing the ACL. Such amounts are generally based on the fair value of the underlying collateral supporting the loan and, as a result, the carrying value of the loan less the calculated valuation amount does not necessarily represent the fair value of the loan. Real estate collateral is typically valued using appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace. However, the choice of observable data is subject to significant judgment, and there are often adjustments based on judgment in order to make observable data comparable and to consider the impact of time, the condition of properties, interest rates, and other market factors on current values. Additionally, commercial real estate appraisals frequently involve discounting of projected cash flows, which relies inherently on unobservable data. Therefore, non-recurring fair value measurement adjustments relating to real estate collateral have generally been classified as Level 3. Estimates of fair value for other collateral supporting commercial loans are generally based on assumptions not observable in the marketplace and therefore such valuations have been classified as Level 3. Capitalized loan servicing rights A loan servicing right asset represents the amount by which the present value of the estimated future net cash flows to be received from servicing loans exceed adequate compensation for performing the servicing. The fair value of loan servicing rights is estimated using a present value cash flow model. The most important assumptions used in the valuation model are the anticipated rate of the loan prepayments and discount rates. Adjustments are only recorded when the discounted cash flows derived from the valuation model are less than the carrying value of the asset. Although some assumptions in determining fair value are based on standards used by market participants, some are based on unobservable inputs and therefore are classified in Level 3 of the valuation hierarchy. Other real estate owned (“OREO”) OREO results from the foreclosure process on residential or commercial loans issued by the Company. Upon assuming the real estate, we record the property at the fair value of the asset less the estimated sales costs. Thereafter, OREO properties are recorded at the lower of cost or fair value less the estimated sales costs. OREO fair values are primarily determined based on Level 3 data including sales comparables and appraisals. There was no OREO as of September 30, 2024 and December 31, 2023. Premises held for sale Assets held for sale, identified as part of our strategic review and branch optimization exercise, were transferred from premises and equipment at the lower of amortized cost or fair value less the estimated sales costs. Assets held for sale fair values are primarily determined based on Level 3 data including sales comparables and appraisals. 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, 2024 Carrying Fair (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 81,220 $ 81,220 $ 81,220 $ — $ — Securities available for sale 535,892 535,892 — 535,892 — FHLB stock 7,600 7,600 — 7,600 — Loans held for sale 1,272 1,272 — 1,272 — Net loans 3,052,715 2,900,619 — — 2,900,619 Accrued interest receivable 5,360 5,360 — 5,360 — Cash surrender value of bank-owned life insurance policies 81,824 81,824 — 81,824 — Derivative assets 14,517 14,517 — 14,370 147 Financial Liabilities Non-maturity deposits $ 2,443,732 $ 2,338,648 $ — $ 2,338,648 $ — Time deposits 817,354 815,614 — 815,614 — Securities sold under agreements to repurchase 7,136 7,136 — 7,136 — FRB advances 45,000 44,990 — 44,990 — FHLB advances 134,072 133,994 — 133,994 — Subordinated borrowings 60,579 68,443 — 68,443 — Derivative liabilities 12,697 12,697 — 12,689 8 December 31, 2023 Carrying Fair (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 94,842 $ 94,842 $ 94,842 $ — $ — Securities available for sale 534,574 534,574 — 534,574 — FHLB stock 14,834 14,834 — 14,834 — Loans held for sale 2,189 2,189 — 2,189 — Net loans 2,970,907 2,832,173 — — 2,832,173 Accrued interest receivable 4,921 4,921 — 4,921 — Cash surrender value of bank-owned life insurance policies 80,037 80,037 — 80,037 — Derivative assets 21,838 21,838 — 21,775 63 Financial Liabilities Non-maturity deposits $ 2,482,012 $ 2,325,307 $ — $ 2,325,307 $ — Time deposits 658,482 651,855 — 651,855 — Securities sold under agreements to repurchase 8,465 8,465 — 8,465 — FRB advances 30,000 30,000 — 30,000 — FHLB advances 232,579 232,375 — 232,375 — Subordinated borrowings 60,422 67,635 — 67,635 — Derivative liabilities 15,607 15,607 — 15,587 20

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS	Sep. 30, 2024
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) 2024 2023 2024 2023 Non-interest income within the scope of ASC 606: Trust management fees $ 3,476 $ 3,135 $ 10,464 $ 9,724 Financial services fees 653 387 1,528 1,158 Interchange fees 1,977 1,971 5,842 5,909 Customer deposit fees 1,521 1,669 4,610 4,688 Other customer service fees 290 286 783 780 Total non-interest income within the scope of ASC 606 7,917 7,448 23,227 22,259 Total non-interest income not within the scope of ASC 606 1,736 1,159 4,269 4,118 Total non-interest income $ 9,653 $ 8,607 $ 27,496 $ 26,377 Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Timing of Revenue Recognition Products and services transferred at a point in time $ 4,199 $ 4,045 $ 12,095 $ 11,842 Products and services transferred over time 3,718 3,403 11,132 10,417 Total $ 7,917 $ 7,448 $ 23,227 $ 22,259 Trust Management Fees The trust management business generates revenue through a range of fiduciary services including trust and estate administration 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 average monthly market value of assets under management. 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 Osaic Institutions, Inc. (“Osaic”), a full-service third-party broker-dealer, conducting business under the assumed business name “Bar Harbor Financial Services.” Osaic is an independent registered broker-dealer and is not affiliated with the Company or its subsidiaries. Osaic 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, 2024 December 31, 2023 Balances from contracts with customers only: Other Assets $ 1,332 $ 1,178 Other Liabilities 1,485 1,769 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.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 12,193	$ 11,104	$ 20,352	$ 23,803	$ 32,545	$ 34,907

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
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

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
BASIS OF PRESENTATION (Policies)	Sep. 30, 2024
BASIS OF PRESENTATION
Reclassifications	Reclassifications:
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. In the third quarter 2024, management completed its annual goodwill impairment testing using balance sheet and market data as of June 30, 2024. 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, 2024, 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, 2024. Management will continue to evaluate the economic conditions at future reporting periods for applicable changes.
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 existing 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. 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 The adoption of this ASU did not have a material impact on our consolidated financial statements. Standards Not Yet Adopted ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures The amendments in this update require that public business entities on an annual basis (1) disclose specific categories in the rate reconciliation and (2) provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income [or loss] by the applicable statutory income tax rate). 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
SECURITIES AVAILABLE FOR SALE (Tables)	Sep. 30, 2024
SECURITIES AVAILABLE FOR SALE
Summary of Securities Available for Sale	Gross Gross Unrealized Unrealized (in thousands) Amortized Cost Gains Losses Fair Value September 30, 2024 Debt securities: Obligations of US Government-sponsored enterprises $ 1,380 $ 1 $ (18) $ 1,363 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 214,465 85 (25,098) 189,452 US Government agency 104,994 427 (9,094) 96,327 Private label 46,310 26 (949) 45,387 Obligations of states and political subdivisions thereof 118,147 4,174 (12,994) 109,327 Corporate bonds 102,904 280 (9,148) 94,036 Total securities available for sale $ 588,200 $ 4,993 $ (57,301) $ 535,892 Gross Gross Unrealized Unrealized (in thousands) Amortized Cost Gains Losses Fair Value December 31, 2023 Debt securities: Obligations of US Government-sponsored enterprises $ 2,021 $ — $ (29) $ 1,992 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 223,602 12 (30,332) 193,282 US Government agency 85,005 145 (10,937) 74,213 Private label 60,888 18 (1,855) 59,051 Obligations of states and political subdivisions thereof 119,857 4,515 (14,204) 110,168 Corporate bonds 105,552 19 (9,703) 95,868 Total securities available for sale $ 596,925 $ 4,709 $ (67,060) $ 534,574
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 $ 3,003 $ 2,598 Over 1 year to 5 years 52,409 48,118 Over 5 years to 10 years 42,355 43,323 Over 10 years 124,664 110,687 Total bonds and obligations 222,431 204,726 Mortgage-backed securities and collateralized mortgage obligations 365,769 331,166 Total securities available for sale $ 588,200 $ 535,892
Schedule of Gains and Losses from Sale of AFS Securities	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2024 2023 2024 2023 Gross gains on sales of available for sale securities $ — $ — $ 50 $ 34 Gross losses on sales of available for sale securities — — — — Net gains on sale of available for sale securities $ — $ — $ 50 $ 34
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, 2024 Debt securities: Obligations of US Government-sponsored enterprises $ — $ — $ 18 $ 649 $ 18 $ 649 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 6 4,349 25,092 176,860 25,098 181,209 US Government agency 38 4,814 9,056 64,026 9,094 68,840 Private label 3 1,317 946 25,274 949 26,591 Obligations of states and political subdivisions thereof 6 2,378 12,988 102,422 12,994 104,800 Corporate bonds 417 4,083 8,731 78,766 9,148 82,849 Total securities available for sale $ 470 $ 16,941 $ 56,831 $ 447,997 $ 57,301 $ 464,938 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, 2023 Debt securities: Obligations of US Government-sponsored enterprises $ 1 $ 1,084 $ 28 $ 907 $ 29 $ 1,991 Mortgage-backed securities and collateralized mortgage obligations: US Government-sponsored enterprises 10 3,439 30,322 188,611 30,332 192,050 US Government agency 2 120 10,935 68,891 10,937 69,011 Private label — 26 1,855 59,007 1,855 59,033 Obligations of states and political subdivisions thereof 26 3,099 14,178 101,036 14,204 104,135 Corporate bonds 156 4,913 9,547 84,950 9,703 89,863 Total securities available for sale $ 195 $ 12,681 $ 66,865 $ 503,402 $ 67,060 $ 516,083

LOANS AND ALLOWANCE FOR CREDI_2

LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)	Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Loans	September 30, December 31, (in thousands) 2024 2023 Commercial construction $ 132,643 $ 154,048 Commercial real estate owner occupied 302,694 310,015 Commercial real estate non-owner occupied 1,296,596 1,144,566 Tax exempt 38,338 43,688 Commercial and industrial 310,322 310,883 Residential real estate 899,123 940,334 Home equity 94,146 87,683 Consumer other 7,873 7,832 Total loans 3,081,735 2,999,049 Allowance for credit losses 29,023 28,142 Net loans $ 3,052,712 $ 2,970,907
Summary of Unamortized Net Costs and Premiums	September 30, December 31, (in thousands) 2024 2023 Net unamortized loan origination costs $ 2,041 $ 3,039 Net unamortized fair value discount on acquired loans (2,549) (2,891) Total $ (508) $ 148
Schedule of Activity in the Allowance for Credit Losses	At or for the Three Months Ended September 30, 2024 Balance at Beginning of Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction $ 4,217 $ — $ — $ (1,464) $ 2,753 Commercial real estate owner occupied 2,620 — — 314 2,934 Commercial real estate non-owner occupied 9,574 — — 965 10,539 Tax exempt 110 — — 7 117 Commercial and industrial 3,982 (9) 1 217 4,191 Residential real estate 7,516 — 5 51 7,572 Home equity 763 — 3 80 846 Consumer other 73 (89) 29 58 71 Total $ 28,855 $ (98) $ 38 $ 228 $ 29,023 At or for the Nine Months Ended September 30, 2024 Balance at Beginning of Balance at (in thousands) Period Charge Offs Recoveries Provision End of Period Commercial construction $ 4,261 $ — $ — $ (1,508) $ 2,753 Commercial real estate owner occupied 2,863 (3) — 74 2,934 Commercial real estate non-owner occupied 9,443 — — 1,096 10,539 Tax exempt 119 — — (2) 117 Commercial and industrial 3,259 (91) 17 1,006 4,191 Residential real estate 7,352 — 13 207 7,572 Home equity 767 — 8 71 846 Consumer other 78 (223) 58 158 71 Total $ 28,142 $ (317) $ 96 $ 1,102 $ 29,023 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
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, 2024 : (in thousands) 2024 2023 2022 2021 2020 Prior Total Commercial construction Risk rating: Pass $ 16,490 $ 28,989 $ 71,155 $ 895 $ 5,343 $ 9,771 $ 132,643 Special mention — — — — — — — Substandard — — — — — — — Total $ 16,490 $ 28,989 $ 71,155 $ 895 $ 5,343 $ 9,771 $ 132,643 Current period gross write-offs — — — — — — — Commercial real estate owner occupied Risk rating: Pass $ 26,103 $ 59,703 $ 61,243 $ 30,222 $ 21,028 $ 98,435 $ 296,734 Special mention — 136 — — — 2,095 2,231 Substandard — — — — — 3,626 3,626 Doubtful — — — — — 103 103 Total $ 26,103 $ 59,839 $ 61,243 $ 30,222 $ 21,028 $ 104,259 $ 302,694 Current period gross write-offs — — — — — 3 3 Commercial real estate non-owner occupied Risk rating: Pass $ 71,774 $ 40,475 $ 406,603 $ 243,094 $ 133,453 $ 312,889 $ 1,208,288 Special mention — — 379 21,266 27,781 13,658 63,084 Substandard — 7,730 — — — 17,494 25,224 Doubtful — — — — — — — Total $ 71,774 $ 48,205 $ 406,982 $ 264,360 $ 161,234 $ 344,041 $ 1,296,596 Current period gross write-offs — — — — — — — Tax exempt Risk rating: Pass $ 4,629 $ 2,669 $ 6,284 $ 614 $ 178 $ 23,964 $ 38,338 Special mention — — — — — — — Substandard — — — — — — — Total $ 4,629 $ 2,669 $ 6,284 $ 614 $ 178 $ 23,964 $ 38,338 Current period gross write-offs — — — — — — — Commercial and industrial Risk rating: Pass $ 54,982 $ 65,061 $ 48,793 $ 14,726 $ 33,556 $ 68,402 $ 285,520 Special mention 10 15,182 1,357 910 168 3,058 20,685 Substandard 128 137 476 227 111 2,951 4,030 Doubtful — — — — — 87 87 Total $ 55,120 $ 80,380 $ 50,626 $ 15,863 $ 33,835 $ 74,498 $ 310,322 Current period gross write-offs — — — 62 7 22 91 Residential real estate Performing $ 22,821 $ 72,614 $ 177,091 $ 156,724 $ 91,186 $ 375,105 $ 895,541 Nonperforming — — 463 — — 3,119 3,582 Total $ 22,821 $ 72,614 $ 177,554 $ 156,724 $ 91,186 $ 378,224 $ 899,123 Current period gross write-offs — — — — — — — Home equity Performing $ 15,213 $ 16,213 $ 13,275 $ 7,275 $ 5,706 $ 35,510 $ 93,192 Nonperforming — — 47 55 — 852 954 Total $ 15,213 $ 16,213 $ 13,322 $ 7,330 $ 5,706 $ 36,362 $ 94,146 Current period gross write-offs — — — — — — — Consumer other Performing $ 3,679 $ 1,856 $ 1,073 $ 352 $ 140 $ 742 $ 7,842 Nonperforming — 8 — 2 1 20 31 Total $ 3,679 $ 1,864 $ 1,073 $ 354 $ 141 $ 762 $ 7,873 Current period gross write-offs — 56 9 — 2 156 223 Total Loans $ 215,829 $ 310,773 $ 788,239 $ 476,362 $ 318,651 $ 971,881 $ 3,081,735 The following table presents our loans by year of origination, loan segmentation and risk indicator as of December 31, 2023: (in thousands) 2023 2022 2021 2020 2019 Prior Total Commercial construction Risk rating: Pass $ 14,040 $ 99,115 $ 35,978 $ 3,992 $ — $ 923 $ 154,048 Special mention — — — — — — — Substandard — — — — — — — Total $ 14,040 $ 99,115 $ 35,978 $ 3,992 $ — $ 923 $ 154,048 Current period gross write-offs — — — — — — — Commercial real estate owner occupied Risk rating: Pass $ 57,603 $ 61,015 $ 43,228 $ 20,209 $ 20,462 $ 91,187 $ 293,704 Special mention 160 387 7,488 1,596 — 3,066 12,697 Substandard — — — — — 3,497 3,497 Doubtful — — — — — 117 117 Total $ 57,763 $ 61,402 $ 50,716 $ 21,805 $ 20,462 $ 97,867 $ 310,015 Current period gross write-offs — — — — — — — Commercial real estate non-owner occupied Risk rating: Pass $ 41,270 $ 353,613 $ 199,311 $ 127,231 $ 78,759 $ 238,973 $ 1,039,157 Special mention 7,809 — 14,134 37,249 15,246 17,108 91,546 Substandard — — — — — 13,863 13,863 Doubtful — — — — — — — Total $ 49,079 $ 353,613 $ 213,445 $ 164,480 $ 94,005 $ 269,944 $ 1,144,566 Current period gross write-offs — — — — — — — Tax exempt Risk rating: Pass $ 6,340 $ 8,468 $ 787 $ 208 $ 590 $ 27,295 $ 43,688 Special mention — — — — — — — Substandard — — — — — — — Total $ 6,340 $ 8,468 $ 787 $ 208 $ 590 $ 27,295 $ 43,688 Current period gross write-offs — — — — — — — Commercial and industrial Risk rating: Pass $ 80,942 $ 69,402 $ 22,205 $ 38,824 $ 14,739 $ 77,273 $ 303,385 Special mention 364 1,446 — 776 28 3,588 6,202 Substandard 58 94 186 109 95 532 1,074 Doubtful — — — — 87 135 222 Total $ 81,364 $ 70,942 $ 22,391 $ 39,709 $ 14,949 $ 81,528 $ 310,883 Current period gross write-offs — — — — 5 659 664 Residential real estate Performing $ 72,395 $ 194,109 $ 165,434 $ 96,016 $ 62,648 $ 345,823 $ 936,425 Nonperforming — — 41 — 234 3,634 3,909 Total $ 72,395 $ 194,109 $ 165,475 $ 96,016 $ 62,882 $ 349,457 $ 940,334 Current period gross write-offs — — — — — 8 8 Home equity Performing $ 15,582 $ 15,334 $ 7,873 $ 6,633 $ 4,800 $ 36,652 $ 86,874 Nonperforming — — — — — 809 809 Total $ 15,582 $ 15,334 $ 7,873 $ 6,633 $ 4,800 $ 37,461 $ 87,683 Current period gross write-offs — — — — — 12 12 Consumer other Performing $ 4,128 $ 1,787 $ 696 $ 301 $ 51 $ 864 $ 7,827 Nonperforming — — 4 1 — — 5 Total $ 4,128 $ 1,787 $ 700 $ 302 $ 51 $ 864 $ 7,832 Current period gross write-offs — 52 18 5 — 214 289 Total Loans $ 300,691 $ 804,770 $ 497,365 $ 333,145 $ 197,739 $ 865,339 $ 2,999,049
Summary of Past Due Loans	September 30, 2024 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction $ — $ — $ — $ — $ 132,643 $ 132,643 Commercial real estate owner occupied 89 156 798 1,043 301,651 302,694 Commercial real estate non-owner occupied 195 — 274 469 1,296,127 1,296,596 Tax exempt — — — — 38,338 38,338 Commercial and industrial 99 15 747 861 309,461 310,322 Residential real estate 478 1,070 1,279 2,827 896,296 899,123 Home equity 137 589 297 1,023 93,123 94,146 Consumer other 18 3 28 49 7,824 7,873 Total $ 1,016 $ 1,833 $ 3,423 $ 6,272 $ 3,075,463 $ 3,081,735 December 31, 2023 (in thousands) 30-59 60-89 90+ Total Past Due Current Total Loans Commercial construction $ — $ — $ — $ — $ 154,048 $ 154,048 Commercial real estate owner occupied — — — — 310,015 310,015 Commercial real estate non-owner occupied — — 103 103 1,144,463 1,144,566 Tax exempt — — — — 43,688 43,688 Commercial and industrial 465 59 330 854 310,029 310,883 Residential real estate 1,520 627 1,999 4,146 936,188 940,334 Home equity 600 — 337 937 86,746 87,683 Consumer other 10 2 — 12 7,820 7,832 Total $ 2,595 $ 688 $ 2,769 $ 6,052 $ 2,992,997 $ 2,999,049
Summary of Non-Accrual Loans	September 30, 2024 Nonaccrual With No 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction $ — $ — $ — Commercial real estate owner occupied 846 743 — Commercial real estate non-owner occupied 469 195 — Tax exempt — — — Commercial and industrial 1,219 389 — Residential real estate 3,582 928 — Home equity 954 1 — Consumer other 30 1 — Total $ 7,100 $ 2,257 $ — December 31, 2023 Nonaccrual With No 90+ Days Past (in thousands) Nonaccrual Related Allowance Due and Accruing Commercial construction $ — $ — $ — Commercial real estate owner occupied 103 44 — Commercial real estate non-owner occupied 340 224 — Tax exempt — — — Commercial and industrial 363 6 — Residential real estate 3,908 1,131 118 Home equity 809 1 22 Consumer other 5 — — Total $ 5,528 $ 1,406 $ 140
Schedule of amortized cost basis of collateral-dependent loans	September 30, 2024 December 31, 2023 (in thousands) Real Estate Other Real Estate Other Commercial construction $ — $ — $ — $ — Commercial real estate owner occupied 846 — 104 — Commercial real estate non-owner occupied 469 — 340 — Tax exempt — — — — Commercial and industrial 1,219 — 229 134 Residential real estate 3,582 — 3,908 — Home equity 954 — 808 — Consumer other 30 — 5 — Total $ 7,100 $ — $ 5,394 $ 134
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, 2024 Commercial construction $ — $ — $ — $ — $ — — % Commercial real estate owner occupied — — — — — — Commercial real estate non-owner occupied — — — — — — Tax exempt — — — — — — Commercial and industrial — — 9 — — 0.00 Residential real estate — 70 — — 76 0.02 Home equity — — — — — — Consumer other — — — — — — Total $ — $ 70 $ 9 $ — $ 76 0.01 % Nine Months Ended September 30, 2024 Commercial construction $ — $ — $ — $ — $ — — % Commercial real estate owner occupied — — — — — — Commercial real estate non-owner occupied — — — — — — Tax exempt — — — — — — Commercial and industrial — — 9 — — 0.00 Residential real estate — 70 31 — 76 0.02 Home equity — — — — — — Consumer other — — — — — — Total $ — $ 70 $ 40 $ — $ 76 0.01 (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	Weighted-Average Months of Payment Delay Weighted-Average Months of Term Extension Weighted-Average Interest Rate Reduction Three Months Ended September 30, 2024 Commercial construction — — — % Commercial real estate owner occupied — — — Commercial real estate non-owner occupied — — — Tax exempt — — — Commercial and industrial — 58 — Residential real estate 3 60 1.25 Home equity — — — Consumer other — — — Nine Months Ended September 30, 2024 Commercial construction — — — % Commercial real estate owner occupied — — — Commercial real estate non-owner occupied — — — Tax exempt — — — Commercial and industrial — 58 — Residential real estate 3 61 1.25 Home equity — — — Consumer other — — — 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 4 3.75 Residential real estate — — 1.38 Home equity — — — Consumer other — — — 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 4 3.75 Residential real estate — — 1.38 Home equity — — — Consumer other — — —
Unfunded Loan Commitment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Activity in the Allowance for Credit Losses	Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Beginning Balance $ 3,640 $ 3,780 $ 3,825 $ 3,910 Provision for credit losses 35 45 (150) (85) Ending Balance $ 3,675 $ 3,825 $ 3,675 $ 3,825

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	9 Months Ended
BORROWED FUNDS (Tables)	Sep. 30, 2024
BORROWED FUNDS
Schedule of Borrowed Funds	September 30, 2024 December 31, 2023 Weighted Weighted (dollars in thousands) Carrying Value Average Rate Carrying Value Average Rate Short-term borrowings Advances from the FHLB $ 133,800 4.99 % $ 232,300 5.46 % Advances from the FRB BTFP 45,000 4.76 30,000 4.90 Other borrowings 7,136 0.21 8,465 0.56 Total short-term borrowings 185,936 4.73 270,765 5.22 Long-term borrowings Advances from the FHLB 272 3.58 279 4.39 Subordinated borrowings 60,579 6.17 60,461 6.22 Total long-term borrowings 60,851 6.16 60,740 6.21 Total $ 246,787 5.01 % $ 331,505 5.40 %
Summary of Maturities of FHLB Advances	Weighted Average (in thousands, except rates) Amount Rate 2024 $ 113,800 5.15 % 2025 20,000 4.05 Thereafter 272 3.58 Total FHLB advances $ 134,072 4.98 %
Schedule of Repurchase Agreements	(in thousands) September 30, 2024 December 31, 2023 Customer Repurchase Agreements US Government-sponsored enterprises $ 7,136 $ 8,465 Total $ 7,136 $ 8,465

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
DEPOSITS (Tables)	Sep. 30, 2024
DEPOSITS.
Summary of Time Deposits	(in thousands) September 30, 2024 December 31, 2023 Time less than $100,000 $ 449,922 $ 381,902 Time $100,000 through $250,000 187,100 163,933 Time $250,000 or more 180,332 154,425 Total $ 817,354 $ 700,260
Time Deposit Maturities	(in thousands) September 30, 2024 December 31, 2023 Within 1 year $ 795,594 $ 670,961 Over 1 year to 2 years 14,049 17,000 Over 2 years to 3 years 4,301 6,932 Over 3 years to 4 years 2,282 3,434 Over 4 years to 5 years 1,014 1,795 Over 5 years 114 138 Total $ 817,354 $ 700,260

CAPITAL RATIOS AND SHAREHOLDE_2

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables)	9 Months Ended
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables)	Sep. 30, 2024
CAPITAL RATIOS AND SHAREHOLDERS' EQUITY
Schedule of Actual and Required Capital Ratios	September 30, 2024 Minimum Regulatory Actual Capital Requirements (in thousands, except ratios) Amount Ratio Amount Ratio Company (consolidated) Total capital to risk-weighted assets $ 472,668 14.37 % $ 263,059 8.00 % Common equity tier 1 capital to risk-weighted assets 379,352 11.54 147,971 4.50 Tier 1 capital to risk-weighted assets 399,972 12.16 197,295 6.00 Tier 1 capital to average assets (leverage ratio) 399,972 10.09 158,637 4.00 Bank Total capital to risk-weighted assets $ 465,418 14.17 % $ 262,744 8.00 % Common equity tier 1 capital to risk-weighted assets 432,722 13.18 147,793 4.50 Tier 1 capital to risk-weighted assets 432,722 13.18 197,058 6.00 Tier 1 capital to average assets (leverage ratio) 432,722 10.92 158,511 4.00 December 31, 2023 Minimum Regulatory Actual Capital Requirements (in thousands, except ratios) Amount Ratio Amount Ratio Company (consolidated) Total capital to risk-weighted assets $ 450,160 14.24 % $ 252,888 8.00 % Common equity tier 1 capital to risk-weighted assets 357,574 11.31 142,249 4.50 Tier 1 capital to risk-weighted assets 378,194 11.96 189,666 6.00 Tier 1 capital to average assets (leverage ratio) 378,194 9.70 156,022 4.00 Bank Total capital to risk-weighted assets $ 441,278 13.97 % $ 252,642 8.00 % Common equity tier 1 capital to risk-weighted assets 409,312 12.96 142,111 4.50 Tier 1 capital to risk-weighted assets 409,312 12.96 189,482 6.00 Tier 1 capital to average assets (leverage ratio) 409,312 10.50 155,908 4.00
Schedule of Components of Accumulated Other Comprehensive Loss	(in thousands) September 30, 2024 December 31, 2023 Accumulated other comprehensive loss, before tax: Net unrealized loss on AFS securities $ (52,308) $ (62,351) Net unrealized loss on hedging derivatives (2,489) (1,322) Net unrealized loss on post-retirement plans (1,517) (1,540) Income taxes related to items of accumulated other comprehensive loss: Net unrealized loss on AFS securities 12,334 14,702 Net unrealized loss on hedging derivatives 587 312 Net unrealized loss on post-retirement plans 308 337 Accumulated other comprehensive loss $ (43,085) $ (49,862)
Schedule of Components of Other Comprehensive Income (Loss)	(in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2024 Net unrealized gain on AFS securities: Net unrealized gain arising during the period $ 16,147 $ (3,808) $ 12,339 Less: reclassification adjustment for gains realized in net income — — — Net unrealized gain on AFS securities 16,147 (3,808) 12,339 Net unrealized gain on hedging derivatives: Net unrealized gain arising during the period 82 (19) 63 Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized gain on cash flow hedging derivatives 82 (19) 63 Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive gain $ 16,229 $ (3,827) $ 12,402 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) Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive loss $ (17,981) $ 4,145 $ (13,836) (in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2024 Net unrealized gain on AFS securities: Net unrealized gain arising during the period $ 10,093 $ (2,380) $ 7,713 Less: reclassification adjustment for gains realized in net income 50 (12) 38 Net unrealized gain on AFS securities 10,043 (2,368) 7,675 Net unrealized loss on hedging derivatives: Net unrealized loss arising during the period (1,167) 275 (892) Less: reclassification adjustment for gains realized in net income — — — Net unrealized loss on hedging derivatives (1,167) 275 (892) Net unrealized gain on post-retirement plans: Net unrealized gain arising during the period 22 (28) (6) Less: reclassification adjustment for gains realized in net income — — — Net unrealized gain on post-retirement plans 22 (28) (6) Other comprehensive gain $ 8,898 $ (2,121) $ 6,777 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 realized in net income — — — Net unrealized loss on hedging derivatives (2,307) 531 (1,776) Net unrealized loss on post-retirement plans: Net unrealized loss arising during the period — — — Less: reclassification adjustment for gains (losses) realized in net income — — — Net unrealized loss on post-retirement plans — — — Other comprehensive loss $ (16,944) $ 3,884 $ (13,060)
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, 2024 Balance at beginning of period $ (52,313) $ (1,965) $ (1,209) $ (55,487) Other comprehensive gain before reclassifications 12,339 63 — 12,402 Less: amounts reclassified from accumulated other comprehensive income — — — — Total other comprehensive gain 12,339 63 — 12,402 Balance at end of period $ (39,974) $ (1,902) $ (1,209) $ (43,085) 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) Nine Months Ended September 30, 2024 Balance at beginning of period $ (47,649) $ (1,010) $ (1,203) $ (49,862) Other comprehensive gain before reclassifications 7,713 (892) (6) 6,815 Less: amounts reclassified from accumulated other comprehensive income 38 — — 38 Total other comprehensive gain 7,675 (892) (6) 6,777 Balance at end of period $ (39,974) $ (1,902) $ (1,209) $ (43,085) 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)
Reclassification out of Accumulated Other Comprehensive Income (Loss)	Three Months Ended September 30, Nine Months Ended September 30, Affected Line Item where (in thousands) 2024 2023 2024 2023 Net Income is Presented Net realized gains on AFS securities: Before tax $ — $ — $ 50 $ 34 Non-interest income Tax effect — — (12) (8) Tax expense Total reclassifications for the period $ — $ — $ 38 $ 26

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
EARNINGS PER SHARE (Tables)	Sep. 30, 2024
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) 2024 2023 2024 2023 Net income $ 12,193 $ 11,104 $ 32,545 $ 34,907 Average number of basic common shares outstanding 15,260,942 15,155,457 15,229,029 15,134,954 Plus: dilutive effect of stock options and awards outstanding 65,132 40,067 62,863 53,765 Average number of diluted common shares outstanding (1) 15,326,074 15,195,524 15,291,892 15,188,719 Earnings per share: Basic $ 0.80 $ 0.73 $ 2.14 $ 2.31 Diluted 0.80 0.73 2.13 2.30 (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, 2024
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
Schedule of Information About Derivative Assets and Liabilities	September 30, 2024 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 funding $ 75,000 0.3 $ 745 Other assets Interest rate swap on variable rate loans 50,000 1.5 (2,069) Other liabilities Total cash flow hedges 125,000 (1,324) Fair value hedges: Interest rate swap on securities 37,190 4.8 3,005 Other assets Total fair value hedges 37,190 3,005 Economic hedges: Forward sale commitments 7,025 0.1 (8) Other liabilities Customer Loan Swaps-MNA Counterparty 193,534 4.4 (10,620) Other liabilities Customer Loan Swaps-RPA Counterparty 143,914 5.3 — Other liabilities Customer Loan Swaps-Customer 337,448 4.8 10,620 Other assets Total economic hedges 681,921 (8) Non-hedging derivatives: Interest rate lock commitments 7,502 0.1 147 Other assets Total non-hedging derivatives 7,502 147 Total $ 851,613 $ 1,820 December 31, 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 funding $ 75,000 1.0 $ 2,803 Other assets Interest rate swap on variable rate loans 50,000 2.2 (3,459) Other liabilities Total cash flow hedges 125,000 (656) Fair value hedges: Interest rate swap on securities 37,190 5.6 3,844 Other assets Total fair value hedges 37,190 3,844 Economic hedges: Forward sale commitments 5,000 — (20) Other liabilities Customer Loan Swaps-MNA Counterparty 197,683 4.9 (14,842) Other liabilities Customer Loan Swaps-RPA Counterparty 133,703 4.9 — Other liabilities Customer Loan Swaps-Customer 331,386 4.9 14,842 Other assets Total economic hedges 667,772 (20) Non-hedging derivatives: Interest rate lock commitments 3,153 0.1 63 Other assets Total non-hedging derivatives 3,153 63 Total $ 833,115 $ 3,231
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, 2024 Interest rate swap on securities Securities available for sale $ 33,019 $ (4,171) December 31, 2023 Interest rate swap on securities Securities available for sale $ 32,680 $ (4,510)
Schedule of Derivative Instruments Gain (Loss)	Three Months Ended September 30, 2024 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 $ (706) Interest expense $ — Interest expense $ 828 Interest rate swap on variable rate loans 911 Interest income — Interest income (588) Total cash flow hedges 205 — 240 Fair value hedges: Interest rate swap on securities (142) Interest income — Interest income 372 Total fair value hedges (142) — 372 Economic hedges: Forward commitments — Other income — Mortgage banking income (23) Total economic hedges — — (23) Non-hedging derivatives: Interest rate lock commitments — Other expense — Mortgage banking income 1 Total non-hedging derivatives — — 1 Total $ 63 $ — $ 590 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 economic 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 Nine Months Ended September 30, 2024 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 $ (1,572) Interest expense $ — Interest expense $ 2,483 Interest rate swap on variable rate loans 1,062 Interest income — Interest income (1,758) Total cash flow hedges (510) — 725 Fair value hedges: Interest rate swap on securities (382) Interest expense — Interest income 1,113 Total fair value hedges (382) — 1,113 Economic hedges: Forward commitments — Other income — Mortgage banking income 12 Total economic hedges — — 12 Non-hedging derivatives: Interest rate lock commitments — Other expense — Mortgage banking income 84 Total non-hedging derivatives — — 84 Total $ (892) $ — $ 1,934 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 economic 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
Schedule of Gain Loss in Statement of Income	Three Months Ended September 30, 2024 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 $ 42,042 $ 6,538 $ 16,174 $ 3,448 $ 9,653 The effects of cash flow and fair value hedging: Gain (loss) on cash flow hedges: Interest rate swap on wholesale funding — — — 828 — Interest rate swap on variable rate loans (588) — — — — Gain (loss) on fair value hedges: Interest rate swap on securities — 372 — — — 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 — — — Nine Months Ended September 30, 2024 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 $ 122,146 $ 19,095 $ 45,486 $ 10,983 $ 27,496 The effects of cash flow and fair value hedging: Gain (loss) on cash flow hedges: Interest rate swap on wholesale funding — — — 2,483 — Interest rate swap on variable rate loans (1,758) — — — — Gain (loss) on fair value hedges: Interest rate swap on securities — 1,113 — — — 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 — — —
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 2024 2023 2024 2023 Economic hedges: Forward commitments Mortgage banking income $ (23) $ (2) $ 12 $ 47 Non-hedging derivatives: Interest rate lock commitments Mortgage banking income 1 24 84 (79)
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, 2024 Customer Loan Derivatives: MNA counterparty $ (10,620) $ 10,620 $ — $ — RPA counterparty — — — — Total $ (10,620) $ 10,620 $ — $ — Gross Amounts Offset in the Consolidated Balance Sheet Derivative Cash Collateral (in thousands) Liabilities Derivative Assets Pledged Net Amount As of December 31, 2023 Customer Loan Derivatives: MNA counterparty $ (14,842) $ 14,842 $ — $ — RPA counterparty — — — — Total $ (14,842) $ 14,842 $ — $ —

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Sep. 30, 2024
FAIR VALUE MEASUREMENTS
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	September 30, 2024 Level 1 Level 2 Level 3 Total (in thousands) Inputs Inputs Inputs Fair Value Available for sale securities: Obligations of US Government-sponsored enterprises $ — $ 1,363 $ — $ 1,363 Mortgage-backed securities: US Government-sponsored enterprises — 189,452 — 189,452 US Government agency — 96,327 — 96,327 Private label — 45,387 — 45,387 Obligations of states and political subdivisions thereof — 109,327 — 109,327 Corporate bonds — 94,036 — 94,036 Loans held for sale — 1,272 — 1,272 Derivative assets — 14,370 147 14,517 Derivative liabilities — (12,689) (8) (12,697) December 31, 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 $ — $ 1,992 $ — $ 1,992 Mortgage-backed securities: US Government-sponsored enterprises — 193,282 — 193,282 US Government agency — 74,213 — 74,213 Private label — 59,051 — 59,051 Obligations of states and political subdivisions thereof — 110,168 — 110,168 Corporate bonds — 95,868 — 95,868 Loans held for sale — 2,189 — 2,189 Derivative assets — 21,775 63 21,838 Derivative liabilities — (18,587) (20) (18,607)
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, 2024 Balance at beginning of period $ 146 $ 15 Realized gain recognized in non-interest income 1 (23) Balance at end of period $ 147 $ (8) Three Months Ended September 30, 2023 Balance at beginning of period $ 8 $ — Realized gain (loss) recognized in non-interest income 17 47 Balance at end of period $ 25 $ 47 Nine Months Ended September 30, 2024 Balance at beginning of period $ 63 $ (20) Realized gain recognized in non-interest income 84 12 Balance at end of period $ 147 $ (8) Nine Months Ended September 30, 2023 Balance at beginning of period $ — $ — Realized loss recognized in non-interest income 25 47 Balance at end of period $ 25 $ 47
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, 2024 Balance at beginning of period $ 146 $ 15 Realized gain recognized in non-interest income 1 (23) Balance at end of period $ 147 $ (8) Three Months Ended September 30, 2023 Balance at beginning of period $ 8 $ — Realized gain (loss) recognized in non-interest income 17 47 Balance at end of period $ 25 $ 47 Nine Months Ended September 30, 2024 Balance at beginning of period $ 63 $ (20) Realized gain recognized in non-interest income 84 12 Balance at end of period $ 147 $ (8) Nine Months Ended September 30, 2023 Balance at beginning of period $ — $ — Realized loss recognized in non-interest income 25 47 Balance at end of period $ 25 $ 47
Schedule of Quantitative Information, Valuation, Recurring	Fair Value (in thousands, September 30, Valuation Unobservable Unobservable except ratios) 2024 Techniques Inputs Input Value Assets (Liabilities) Interest Rate Lock Commitment $ 147 Pull-through Rate Analysis Closing Ratio 88 % Pricing Model Origination Costs, per loan $ 1.7 Discount Cash Flows Mortgage Servicing Asset 1.0 % Forward Commitments (8) Quoted prices for similar loans in active markets Freddie Mac pricing system $101 to $104.2 Total $ 139 Fair Value Significant December 31, Valuation Unobservable Unobservable (in thousands, except ratios) 2023 Techniques Inputs Input Value Assets (Liabilities) Interest Rate Lock Commitment $ 63 Pull-through Rate Analysis Closing Ratio 95 % Pricing Model Origination Costs, per loan $ 1.7 Discount Cash Flows Mortgage Servicing Asset 1.0 % Forward Commitments (20) Quoted prices for similar loans in active markets Freddie Mac pricing system $100.9 to $103.3 Total $ 43
Summary of Applicable Non-Recurring Fair Value Measurements	Fair Value Three Months Ended Nine Months Ended Measurement Date as of Sep 30, 2024 Dec 31, 2023 September 30, 2024 September 30, 2024 September 30, 2024 Level 3 Level 3 Total Total Level 3 (in thousands) Inputs Inputs Gains (Losses) Gains (Losses) Inputs Assets Individually evaluated loans $ 3,496 $ 3,500 $ 867 $ (4) September 2024 Capitalized servicing rights 6,545 6,764 (449) (219) September 2024 Premises held for sale 252 1,154 — (902) September 2024 Total $ 10,293 $ 11,418 $ 418 $ (1,125)
Schedule of Quantitative Information, Valuation, Non-recurring	(in thousands, except ratios) Fair Value September 30, 2024 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets Individually evaluated loans $ 3,001 Fair value of collateral-appraised value Loss severity 10% to 61% Appraised value $215 to $1,260 Individually evaluated loans 495 Discount cash flow Discount rate 4.00% to 4.99% Cash flows $504 to $505 Capitalized servicing rights 6,545 Discounted cash flow Constant prepayment rate 7.64% Discount rate 10.06% Premises held for sale 252 Fair value of asset less selling costs Appraised value $265 Selling Costs 5% Total $ 10,293 (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, 2023 Valuation Techniques Unobservable Inputs Range (Weighted Average) (a) Assets Individually evaluated loans $ 2,437 Fair value of collateral-appraised value Loss severity 10% to 43% Appraised value $80 to $965 Individually evaluated loans 1,063 Discount cash flow Discount rate 3.25% to 7.13% Cash flows $2 to $520 Capitalized servicing rights 6,764 Discounted cash flow Constant prepayment rate 7.20% Discount rate 10.06% Premises held for sale 1,154 Fair value of asset less selling costs Appraised value $1,223 Selling Costs 6% Total $ 11,418 (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, 2024 Carrying Fair (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 81,220 $ 81,220 $ 81,220 $ — $ — Securities available for sale 535,892 535,892 — 535,892 — FHLB stock 7,600 7,600 — 7,600 — Loans held for sale 1,272 1,272 — 1,272 — Net loans 3,052,715 2,900,619 — — 2,900,619 Accrued interest receivable 5,360 5,360 — 5,360 — Cash surrender value of bank-owned life insurance policies 81,824 81,824 — 81,824 — Derivative assets 14,517 14,517 — 14,370 147 Financial Liabilities Non-maturity deposits $ 2,443,732 $ 2,338,648 $ — $ 2,338,648 $ — Time deposits 817,354 815,614 — 815,614 — Securities sold under agreements to repurchase 7,136 7,136 — 7,136 — FRB advances 45,000 44,990 — 44,990 — FHLB advances 134,072 133,994 — 133,994 — Subordinated borrowings 60,579 68,443 — 68,443 — Derivative liabilities 12,697 12,697 — 12,689 8 December 31, 2023 Carrying Fair (in thousands) Amount Value Level 1 Level 2 Level 3 Financial Assets Cash and cash equivalents $ 94,842 $ 94,842 $ 94,842 $ — $ — Securities available for sale 534,574 534,574 — 534,574 — FHLB stock 14,834 14,834 — 14,834 — Loans held for sale 2,189 2,189 — 2,189 — Net loans 2,970,907 2,832,173 — — 2,832,173 Accrued interest receivable 4,921 4,921 — 4,921 — Cash surrender value of bank-owned life insurance policies 80,037 80,037 — 80,037 — Derivative assets 21,838 21,838 — 21,775 63 Financial Liabilities Non-maturity deposits $ 2,482,012 $ 2,325,307 $ — $ 2,325,307 $ — Time deposits 658,482 651,855 — 651,855 — Securities sold under agreements to repurchase 8,465 8,465 — 8,465 — FRB advances 30,000 30,000 — 30,000 — FHLB advances 232,579 232,375 — 232,375 — Subordinated borrowings 60,422 67,635 — 67,635 — Derivative liabilities 15,607 15,607 — 15,587 20

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	Sep. 30, 2024
REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue	Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Non-interest income within the scope of ASC 606: Trust management fees $ 3,476 $ 3,135 $ 10,464 $ 9,724 Financial services fees 653 387 1,528 1,158 Interchange fees 1,977 1,971 5,842 5,909 Customer deposit fees 1,521 1,669 4,610 4,688 Other customer service fees 290 286 783 780 Total non-interest income within the scope of ASC 606 7,917 7,448 23,227 22,259 Total non-interest income not within the scope of ASC 606 1,736 1,159 4,269 4,118 Total non-interest income $ 9,653 $ 8,607 $ 27,496 $ 26,377 Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2024 2023 2024 2023 Timing of Revenue Recognition Products and services transferred at a point in time $ 4,199 $ 4,045 $ 12,095 $ 11,842 Products and services transferred over time 3,718 3,403 11,132 10,417 Total $ 7,917 $ 7,448 $ 23,227 $ 22,259
Contract Balances from Contracts with Customers	(in thousands) September 30, 2024 December 31, 2023 Balances from contracts with customers only: Other Assets $ 1,332 $ 1,178 Other Liabilities 1,485 1,769

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
BASIS OF PRESENTATION
Income tax expense	$ 1,418	$ 3,208	$ 6,519	$ 9,621
Effective tax rate	10.40%	22.40%

SECURITIES AVAILABLE FOR SALE -

SECURITIES AVAILABLE FOR SALE - Summary of Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 588,200	$ 596,925
Gross Unrealized Gains	4,993	4,709
Gross Unrealized Losses	(57,301)	(67,060)
Fair Value	535,892	534,574
Obligations of states and political subdivisions thereof
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	118,147	119,857
Gross Unrealized Gains	4,174	4,515
Gross Unrealized Losses	(12,994)	(14,204)
Fair Value	109,327	110,168
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	102,904	105,552
Gross Unrealized Gains	280	19
Gross Unrealized Losses	(9,148)	(9,703)
Fair Value	94,036	95,868
Debt securities \| Obligations of US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	1,380	2,021
Gross Unrealized Gains	1
Gross Unrealized Losses	(18)	(29)
Fair Value	1,363	1,992
Mortgage-backed securities and collateralized mortgage obligations \| US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	214,465	223,602
Gross Unrealized Gains	85	12
Gross Unrealized Losses	(25,098)	(30,332)
Fair Value	189,452	193,282
Mortgage-backed securities and collateralized mortgage obligations \| US Government agency
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	104,994	85,005
Gross Unrealized Gains	427	145
Gross Unrealized Losses	(9,094)	(10,937)
Fair Value	96,327	74,213
Mortgage-backed securities and collateralized mortgage obligations \| Private label
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	46,310	60,888
Gross Unrealized Gains	26	18
Gross Unrealized Losses	(949)	(1,855)
Fair Value	$ 45,387	$ 59,051

SECURITIES AVAILABLE FOR SALE_2

SECURITIES AVAILABLE FOR SALE - Maturity of Available for Sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Amortized Cost
Within 1 year	$ 3,003
Over 1 year to 5 years	52,409
Over 5 years to 10 years	42,355
Over 10 years	124,664
Total bonds and obligations	222,431
Mortgage-backed securities	365,769
Amortized Cost	588,200	$ 596,925
Fair Value
Within 1 year	2,598
Over 1 year to 5 years	48,118
Over 5 years to 10 years	43,323
Over 10 years	110,687
Total bonds and obligations	204,726
Mortgage-backed securities and collateralized mortgage obligations	331,166
Total securities available for sale	$ 535,892	$ 534,574

SECURITIES AVAILABLE FOR SALE_3

SECURITIES AVAILABLE FOR SALE - Gains and Losses from AFS Securities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
SECURITIES AVAILABLE FOR SALE
Gross gains on sales of available for sale securities	$ 50	$ 34
Net gains on sale of available for sale securities	$ 50	$ 34

SECURITIES AVAILABLE FOR SALE_4

SECURITIES AVAILABLE FOR SALE - Summary of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Gross Unrealized Losses
Less Than Twelve Months	$ 470	$ 195
Over Twelve Months	56,831	66,865
Total	57,301	67,060
Fair Value
Less Than Twelve Months	16,941	12,681
Over Twelve Months	447,997	503,402
Total	464,938	516,083
US Government-sponsored Enterprises Debt Securities \| Debt securities
Gross Unrealized Losses
Less Than Twelve Months		1
Over Twelve Months	18	28
Total	18	29
Fair Value
Less Than Twelve Months		1,084
Over Twelve Months	649	907
Total	649	1,991
US Government-sponsored enterprises \| Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	6	10
Over Twelve Months	25,092	30,322
Total	25,098	30,332
Fair Value
Less Than Twelve Months	4,349	3,439
Over Twelve Months	176,860	188,611
Total	181,209	192,050
US Government agency \| Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	38	2
Over Twelve Months	9,056	10,935
Total	9,094	10,937
Fair Value
Less Than Twelve Months	4,814	120
Over Twelve Months	64,026	68,891
Total	68,840	69,011
Private label \| Mortgage-backed securities and collateralized mortgage obligations
Gross Unrealized Losses
Less Than Twelve Months	3
Over Twelve Months	946	1,855
Total	949	1,855
Fair Value
Less Than Twelve Months	1,317	26
Over Twelve Months	25,274	59,007
Total	26,591	59,033
Obligations of states and political subdivisions thereof
Gross Unrealized Losses
Less Than Twelve Months	6	26
Over Twelve Months	12,988	14,178
Total	12,994	14,204
Fair Value
Less Than Twelve Months	2,378	3,099
Over Twelve Months	102,422	101,036
Total	104,800	104,135
Corporate bonds
Gross Unrealized Losses
Less Than Twelve Months	417	156
Over Twelve Months	8,731	9,547
Total	9,148	9,703
Fair Value
Less Than Twelve Months	4,083	4,913
Over Twelve Months	78,766	84,950
Total	$ 82,849	$ 89,863

SECURITIES AVAILABLE FOR SALE_5

SECURITIES AVAILABLE FOR SALE - Basis for Impairment Conclusion (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($)
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)	2.63%
US Government-sponsored enterprises
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	400
Available for sale securities portfolio, number of securities (security)	487
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	12.17%
US Government agency
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	121
Available for sale securities portfolio, number of securities (security)	159
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	11.67%
Private label
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	19
Available for sale securities portfolio, number of securities (security)	25
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	3.45%
Obligations of states and political subdivisions thereof
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	54
Available for sale securities portfolio, number of securities (security)	67
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	11.44%
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Available-for-sale, securities in unrealized loss positions (security)	29
Available for sale securities portfolio, number of securities (security)	35
Available for sale and held to maturity securities, continuous unrealized loss position, aggregate losses (percentage)	9.94%

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, 2024	Dec. 31, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 3,081,735	$ 2,999,049
Allowance for credit losses	29,023	28,142	$ 28,855	$ 28,011	$ 27,362	$ 25,860
Net loans	3,052,712	2,970,907
Accrued interest receivable for loans	12,300	11,900
Tax exempt
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	38,338	43,688
Allowance for credit losses	117	119	110	96	101	93
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	94,146	87,683
Allowance for credit losses	846	767	763	765	768	811
Total commercial loans \| Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	132,643	154,048
Allowance for credit losses	2,753	4,261	4,217	3,677	3,377	2,579
Total commercial real estate \| Commercial real estate owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	302,694	310,015
Allowance for credit losses	2,934	2,863	2,620	2,485	2,566	2,189
Total commercial real estate \| Commercial real estate non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,296,596	1,144,566
Allowance for credit losses	10,539	9,443	9,574	9,553	9,481	9,341
Total commercial and industrial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	310,322	310,883
Allowance for credit losses	4,191	3,259	3,982	4,205	3,613	3,493
Total residential real estate \| Residential mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	899,123	940,334
Allowance for credit losses	7,572	7,352	7,516	7,146	7,376	7,274
Total consumer \| Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	7,873	7,832
Allowance for credit losses	$ 71	$ 78	$ 73	$ 84	$ 80	$ 80

LOANS AND ALLOWANCE FOR CREDI_4

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Unamortized Net Costs and Premiums (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
LOANS AND ALLOWANCE FOR CREDIT LOSSES
Net unamortized loan origination costs	$ 2,041	$ 3,039
Net unamortized fair value discount on acquired loans	(2,549)	(2,891)
Total	$ (508)	$ 148

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 28,855	$ 27,362	$ 28,142	$ 25,860
Charge Offs	(98)	(74)	(317)	(341)
Recoveries	38	50	96	271
Provision	228	673	1,102	2,221
Balance at end of period	29,023	28,011	29,023	28,011
Construction and land development \| Total commercial loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	4,217	3,377	4,261	2,579
Provision	(1,464)	300	(1,508)	1,098
Balance at end of period	2,753	3,677	2,753	3,677
Commercial real estate owner occupied \| Total commercial real estate
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	2,620	2,566	2,863	2,189
Charge Offs			(3)
Recoveries				142
Provision	314	(81)	74	154
Balance at end of period	2,934	2,485	2,934	2,485
Commercial real estate non-owner occupied \| Total commercial real estate
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	9,574	9,481	9,443	9,341
Provision	965	72	1,096	212
Balance at end of period	10,539	9,553	10,539	9,553
Tax exempt
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	110	101	119	93
Provision	7	(5)	(2)	3
Balance at end of period	117	96	117	96
Commercial and industrial \| Total commercial and industrial
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	3,982	3,613	3,259	3,493
Charge Offs	(9)		(91)	(122)
Recoveries	1	34	17	86
Provision	217	558	1,006	748
Balance at end of period	4,191	4,205	4,191	4,205
Residential mortgages \| Total residential real estate
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	7,516	7,376	7,352	7,274
Charge Offs				(8)
Recoveries	5	13	13	28
Provision	51	(243)	207	(148)
Balance at end of period	7,572	7,146	7,572	7,146
Home equity
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	763	768	767	811
Charge Offs				(12)
Recoveries	3	1	8	5
Provision	80	(4)	71	(39)
Balance at end of period	846	765	846	765
Other consumer \| Total consumer
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	73	80	78	80
Charge Offs	(89)	(74)	(223)	(199)
Recoveries	29	2	58	10
Provision	58	76	158	193
Balance at end of period	71	84	71	84
Unfunded Loan Commitment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	3,640	3,780	3,825	3,910
Provision	35	45	(150)	(85)
Balance at end of period	$ 3,675	$ 3,825	$ 3,675	$ 3,825

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	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Credit quality information
2024	$ 215,829	$ 300,691
2023	310,773	804,770
2022	788,239	497,365
2021	476,362	333,145
2020	318,651	197,739
Prior	971,881	865,339
Total loans	3,081,735	2,999,049
Construction and land development \| Total commercial loans
Credit quality information
2024	16,490	14,040
2023	28,989	99,115
2022	71,155	35,978
2021	895	3,992
2020	5,343
Prior	9,771	923
Total loans	132,643	154,048
Construction and land development \| Pass \| Total commercial loans
Credit quality information
2024	16,490	14,040
2023	28,989	99,115
2022	71,155	35,978
2021	895	3,992
2020	5,343
Prior	9,771	923
Total loans	132,643	154,048
Commercial real estate owner occupied \| Total commercial real estate
Credit quality information
2024	26,103	57,763
2023	59,839	61,402
2022	61,243	50,716
2021	30,222	21,805
2020	21,028	20,462
Prior	104,259	97,867
Total loans	302,694	310,015
Current period gross write-offs
Prior	3
Total	3
Commercial real estate owner occupied \| Pass \| Total commercial real estate
Credit quality information
2024	26,103	57,603
2023	59,703	61,015
2022	61,243	43,228
2021	30,222	20,209
2020	21,028	20,462
Prior	98,435	91,187
Total loans	296,734	293,704
Commercial real estate owner occupied \| Special mention \| Total commercial real estate
Credit quality information
2024		160
2023	136	387
2022		7,488
2021		1,596
Prior	2,095	3,066
Total loans	2,231	12,697
Commercial real estate owner occupied \| Substandard \| Total commercial real estate
Credit quality information
Prior	3,626	3,497
Total loans	3,626	3,497
Commercial real estate owner occupied \| Doubtful \| Total commercial real estate
Credit quality information
Prior	103	117
Total loans	103	117
Commercial real estate non-owner occupied \| Total commercial real estate
Credit quality information
2024	71,774	49,079
2023	48,205	353,613
2022	406,982	213,445
2021	264,360	164,480
2020	161,234	94,005
Prior	344,041	269,944
Total loans	1,296,596	1,144,566
Commercial real estate non-owner occupied \| Pass \| Total commercial real estate
Credit quality information
2024	71,774	41,270
2023	40,475	353,613
2022	406,603	199,311
2021	243,094	127,231
2020	133,453	78,759
Prior	312,889	238,973
Total loans	1,208,288	1,039,157
Commercial real estate non-owner occupied \| Special mention \| Total commercial real estate
Credit quality information
2024		7,809
2022	379	14,134
2021	21,266	37,249
2020	27,781	15,246
Prior	13,658	17,108
Total loans	63,084	91,546
Commercial real estate non-owner occupied \| Substandard \| Total commercial real estate
Credit quality information
2023	7,730
Prior	17,494	13,863
Total loans	25,224	13,863
Tax exempt
Credit quality information
2024	4,629	6,340
2023	2,669	8,468
2022	6,284	787
2021	614	208
2020	178	590
Prior	23,964	27,295
Total loans	38,338	43,688
Tax exempt \| Pass
Credit quality information
2024	4,629	6,340
2023	2,669	8,468
2022	6,284	787
2021	614	208
2020	178	590
Prior	23,964	27,295
Total loans	38,338	43,688
Commercial and industrial \| Total commercial and industrial
Credit quality information
2024	55,120	81,364
2023	80,380	70,942
2022	50,626	22,391
2021	15,863	39,709
2020	33,835	14,949
Prior	74,498	81,528
Total loans	310,322	310,883
Current period gross write-offs
2021	62
2020	7	5
Prior	22	659
Total	91	664
Commercial and industrial \| Pass \| Total commercial and industrial
Credit quality information
2024	54,982	80,942
2023	65,061	69,402
2022	48,793	22,205
2021	14,726	38,824
2020	33,556	14,739
Prior	68,402	77,273
Total loans	285,520	303,385
Commercial and industrial \| Special mention \| Total commercial and industrial
Credit quality information
2024	10	364
2023	15,182	1,446
2022	1,357
2021	910	776
2020	168	28
Prior	3,058	3,588
Total loans	20,685	6,202
Commercial and industrial \| Substandard \| Total commercial and industrial
Credit quality information
2024	128	58
2023	137	94
2022	476	186
2021	227	109
2020	111	95
Prior	2,951	532
Total loans	4,030	1,074
Commercial and industrial \| Doubtful \| Total commercial and industrial
Credit quality information
2020		87
Prior	87	135
Total loans	87	222
Residential mortgages \| Residential real estate
Credit quality information
2024	22,821	72,395
2023	72,614	194,109
2022	177,554	165,475
2021	156,724	96,016
2020	91,186	62,882
Prior	378,224	349,457
Total loans	899,123	940,334
Current period gross write-offs
Prior		8
Total		8
Residential mortgages \| Performing \| Residential real estate
Credit quality information
2024	22,821	72,395
2023	72,614	194,109
2022	177,091	165,434
2021	156,724	96,016
2020	91,186	62,648
Prior	375,105	345,823
Total loans	895,541	936,425
Residential mortgages \| Nonperforming \| Residential real estate
Credit quality information
2022	463	41
2020		234
Prior	3,119	3,634
Total loans	3,582	3,909
Home equity
Credit quality information
2024	15,213	15,582
2023	16,213	15,334
2022	13,322	7,873
2021	7,330	6,633
2020	5,706	4,800
Prior	36,362	37,461
Total loans	94,146	87,683
Current period gross write-offs
Prior		12
Total		12
Home equity \| Performing
Credit quality information
2024	15,213	15,582
2023	16,213	15,334
2022	13,275	7,873
2021	7,275	6,633
2020	5,706	4,800
Prior	35,510	36,652
Total loans	93,192	86,874
Home equity \| Nonperforming
Credit quality information
2022	47
2021	55
Prior	852	809
Total loans	954	809
Other consumer \| Consumer
Credit quality information
2024	3,679	4,128
2023	1,864	1,787
2022	1,073	700
2021	354	302
2020	141	51
Prior	762	864
Total loans	7,873	7,832
Current period gross write-offs
2023	56	52
2022	9	18
2021		5
2020	2
Prior	156	214
Total	223	289
Other consumer \| Performing \| Consumer
Credit quality information
2024	3,679	4,128
2023	1,856	1,787
2022	1,073	696
2021	352	301
2020	140	51
Prior	742	864
Total loans	7,842	7,827
Other consumer \| Nonperforming \| Consumer
Credit quality information
2023	8
2022		4
2021	2	1
2020	1
Prior	20
Total loans	$ 31	$ 5

LOANS AND ALLOWANCE FOR CREDI_7

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Total loans	$ 3,081,735	$ 2,999,049
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,016	2,595
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,833	688
90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	3,423	2,769
Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	6,272	6,052
Current
Financing Receivable, Past Due [Line Items]
Total loans	3,075,463	2,992,997
Construction and land development \| Total commercial loans
Financing Receivable, Past Due [Line Items]
Total loans	132,643	154,048
Construction and land development \| Total commercial loans \| Current
Financing Receivable, Past Due [Line Items]
Total loans	132,643	154,048
Commercial real estate owner occupied \| Total commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	302,694	310,015
Commercial real estate owner occupied \| Total commercial real estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	89
Commercial real estate owner occupied \| Total commercial real estate \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	156
Commercial real estate owner occupied \| Total commercial real estate \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	798
Commercial real estate owner occupied \| Total commercial real estate \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,043
Commercial real estate owner occupied \| Total commercial real estate \| Current
Financing Receivable, Past Due [Line Items]
Total loans	301,651	310,015
Commercial real estate non-owner occupied \| Total commercial real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,296,596	1,144,566
Commercial real estate non-owner occupied \| Total commercial real estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	195
Commercial real estate non-owner occupied \| Total commercial real estate \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	274	103
Commercial real estate non-owner occupied \| Total commercial real estate \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	469	103
Commercial real estate non-owner occupied \| Total commercial real estate \| Current
Financing Receivable, Past Due [Line Items]
Total loans	1,296,127	1,144,463
Tax exempt
Financing Receivable, Past Due [Line Items]
Total loans	38,338	43,688
Tax exempt \| Current
Financing Receivable, Past Due [Line Items]
Total loans	38,338	43,688
Commercial and industrial \| Total commercial and industrial
Financing Receivable, Past Due [Line Items]
Total loans	310,322	310,883
Commercial and industrial \| Total commercial and industrial \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	99	465
Commercial and industrial \| Total commercial and industrial \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	15	59
Commercial and industrial \| Total commercial and industrial \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	747	330
Commercial and industrial \| Total commercial and industrial \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	861	854
Commercial and industrial \| Total commercial and industrial \| Current
Financing Receivable, Past Due [Line Items]
Total loans	309,461	310,029
Residential mortgages \| Total residential real estate
Financing Receivable, Past Due [Line Items]
Total loans	899,123	940,334
Residential mortgages \| Total residential real estate \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	478	1,520
Residential mortgages \| Total residential real estate \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,070	627
Residential mortgages \| Total residential real estate \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,279	1,999
Residential mortgages \| Total residential real estate \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	2,827	4,146
Residential mortgages \| Total residential real estate \| Current
Financing Receivable, Past Due [Line Items]
Total loans	896,296	936,188
Home equity
Financing Receivable, Past Due [Line Items]
Total loans	94,146	87,683
Home equity \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	137	600
Home equity \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	589
Home equity \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	297	337
Home equity \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	1,023	937
Home equity \| Current
Financing Receivable, Past Due [Line Items]
Total loans	93,123	86,746
Other consumer \| Total consumer
Financing Receivable, Past Due [Line Items]
Total loans	7,873	7,832
Other consumer \| Total consumer \| 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	18	10
Other consumer \| Total consumer \| 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total loans	3	2
Other consumer \| Total consumer \| 90 Days or Greater Past Due
Financing Receivable, Past Due [Line Items]
Total loans	28
Other consumer \| Total consumer \| Total Past Due
Financing Receivable, Past Due [Line Items]
Total loans	49	12
Other consumer \| Total consumer \| Current
Financing Receivable, Past Due [Line Items]
Total loans	$ 7,824	$ 7,820

LOANS AND ALLOWANCE FOR CREDI_8

LOANS AND ALLOWANCE FOR CREDIT LOSSES - Non-accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Non-accrual loans
Nonaccrual	$ 7,100	$ 5,528
Nonaccrual With No Related Allowance	2,257	1,406
Nonaccrual, Past Due 90 days and Accruing		140
Commercial real estate owner occupied \| Total commercial real estate
Non-accrual loans
Nonaccrual	846	103
Nonaccrual With No Related Allowance	743	44
Commercial real estate non-owner occupied \| Total commercial real estate
Non-accrual loans
Nonaccrual	469	340
Nonaccrual With No Related Allowance	195	224
Commercial and industrial \| Total commercial and industrial
Non-accrual loans
Nonaccrual	1,219	363
Nonaccrual With No Related Allowance	389	6
Residential mortgages \| Total residential real estate
Non-accrual loans
Nonaccrual	3,582	3,908
Nonaccrual With No Related Allowance	928	1,131
Nonaccrual, Past Due 90 days and Accruing		118
Home equity
Non-accrual loans
Nonaccrual	954	809
Nonaccrual With No Related Allowance	1	1
Nonaccrual, Past Due 90 days and Accruing		22
Other consumer \| Total consumer
Non-accrual loans
Nonaccrual	30	$ 5
Nonaccrual With No Related Allowance	$ 1

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, 2024	Dec. 31, 2023
Allowance for loan losses
Total loans	$ 3,081,735	$ 2,999,049
Real Estate
Allowance for loan losses
Total loans	7,100	5,394
Other Collateral Loans
Allowance for loan losses
Total loans		134
Construction and land development \| Total commercial loans
Allowance for loan losses
Total loans	132,643	154,048
Commercial real estate owner occupied \| Total commercial real estate
Allowance for loan losses
Total loans	302,694	310,015
Commercial real estate owner occupied \| Total commercial real estate \| Real Estate
Allowance for loan losses
Total loans	846	104
Commercial real estate non-owner occupied \| Total commercial real estate
Allowance for loan losses
Total loans	1,296,596	1,144,566
Commercial real estate non-owner occupied \| Total commercial real estate \| Real Estate
Allowance for loan losses
Total loans	469	340
Tax exempt
Allowance for loan losses
Total loans	38,338	43,688
Commercial and industrial \| Total commercial and industrial
Allowance for loan losses
Total loans	310,322	310,883
Commercial and industrial \| Total commercial and industrial \| Real Estate
Allowance for loan losses
Total loans	1,219	229
Commercial and industrial \| Total commercial and industrial \| Other Collateral Loans
Allowance for loan losses
Total loans		134
Residential mortgages \| Total residential real estate
Allowance for loan losses
Total loans	899,123	940,334
Residential mortgages \| Total residential real estate \| Real Estate
Allowance for loan losses
Total loans	3,582	3,908
Home equity
Allowance for loan losses
Total loans	94,146	87,683
Home equity \| Real Estate
Allowance for loan losses
Total loans	954	808
Other consumer \| Total consumer
Allowance for loan losses
Total loans	7,873	7,832
Other consumer \| Total consumer \| Real Estate
Allowance for loan losses
Total loans	$ 30	$ 5

LOANS AND ALLOWANCE FOR CRED_10

LOANS AND ALLOWANCE FOR CREDIT LOSSES - TDR, Recorded Investment and Number of Modifications (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
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	$ 331	$ 430

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, unpaid principal balance	$ 1,200		$ 1,200		$ 2,200
Residential mortgages \| Total residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, unpaid principal balance		$ 20,200		$ 20,200
Forward delivery commitments	7,000		7,000		$ 5,000
Sale of loans	20,700		37,900	26,300
Net (losses) gains on sales of loans	$ 317	$ 14	$ 502	$ 22

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans	0.01%	0%	0.01%	0.05%
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	58 months	4 months	58 months	4 months
Weighted-Average Interest Rate Reduction		3.75%		3.75%
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted-Average Months of Payment Delay	3 months		3 months
Weighted-Average Months of Term Extension	60 months		61 months
Weighted-Average Interest Rate Reduction	1.25%	1.38%	1.25%	1.38%
Total commercial and industrial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans	0%	0.02%	0%	0.47%
Total residential real estate \| Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
% of Total Class of Loans	0.02%		0.02%	0.01%
Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	$ 70	$ 66	$ 70	$ 66
Payment Delay \| Total commercial and industrial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications		$ 66		66
Payment Delay \| Total residential real estate \| Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	70		70
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	9		40	1,387
Term Extension \| Total commercial and industrial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	9		9	1,387
Term Extension \| Total residential real estate \| Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications			31
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
Combination Interest Rate Reduction and Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	76		76
Combination Interest Rate Reduction and Term Extension \| Total residential real estate \| Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loan modifications	$ 76		$ 76

BORROWED FUNDS - Summary of Bor

BORROWED FUNDS - Summary of Borrowed Funds (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Short-term borrowings
Carrying Value	$ 185,936	$ 270,765
Weighted Average Rate	4.73%	5.22%
Long-term borrowings
Carrying Value	$ 60,851	$ 60,740
Weighted Average Rate	6.16%	6.21%
Total borrowings	$ 246,787	$ 331,505
Weighted Average Rate	5.01%	5.40%
Advances from the FHLB
Short-term borrowings
Carrying Value	$ 133,800	$ 232,300
Weighted Average Rate	4.99%	5.46%
Long-term borrowings
Carrying Value	$ 272	$ 279
Weighted Average Rate	3.58%	4.39%
Advances from the FRB BTFP
Short-term borrowings
Carrying Value	$ 45,000	$ 30,000
Weighted Average Rate	4.76%	4.90%
Other borrowings
Short-term borrowings
Carrying Value	$ 7,136	$ 8,465
Weighted Average Rate	0.21%	0.56%
Subordinated borrowings
Long-term borrowings
Carrying Value	$ 60,579	$ 60,461
Weighted Average Rate	6.17%	6.22%

BORROWED FUNDS - Additional Inf

BORROWED FUNDS - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Outstanding advances of BTFP	$ 185,936		$ 185,936	$ 270,765
Outstanding amount	60,851		60,851	60,740
Financial Guarantee \| NHTB Capital Trust II and NHTB Capital Trust III
Debt Instrument [Line Items]
Debentures issued by variable interest entities	20,600		$ 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				279
FHLB advances
Debt Instrument [Line Items]
Outstanding amount	$ 272		$ 272
Advances from the FHLB
Debt Instrument [Line Items]
Short-term FHLB variable rate	0%		0%
Outstanding advances of BTFP	$ 133,800		$ 133,800	232,300
Outstanding amount	$ 272		$ 272	279
Long-term FHLB variable rate	0%		0%
Credit Facility, Secured, FHLB
Debt Instrument [Line Items]
Line of credit maintained	$ 1,000		$ 1,000
Line of credit outstanding	$ 0		$ 0	0
Federal Reserve Bank Advances
Debt Instrument [Line Items]
Fixed interest rate	4.76%		4.76%
Outstanding advances of BTFP	$ 45,000		$ 45,000	30,000
Existing Advance
Debt Instrument [Line Items]
Fixed interest rate		4.85%
Prepaid existing advance	20,000	$ 30,000
New Advance
Debt Instrument [Line Items]
Fixed interest rate		4.76%
New advance		$ 65,000
Credit Facility, Secured, FRB
Debt Instrument [Line Items]
Line of credit maintained	132,000		132,000	156,600
Credit Facility, Unsecured, Federal Funds
Debt Instrument [Line Items]
Line of credit maintained	40,000		40,000	40,000
Line of credit outstanding	$ 0		$ 0	$ 0

BORROWED FUNDS - Maturities of

BORROWED FUNDS - Maturities of FHLB Advances (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Amount
2024	$ 113,800
2025	20,000
Thereafter	272
Total FHLB advances	$ 134,072
Weighted Average Rate
2024	5.15%
2025	4.05%
Thereafter	3.58%
Total FHLB advances	4.98%

BORROWED FUNDS - Subordinated a

BORROWED FUNDS - Subordinated and Junior Subordinated Borrowings (Details) - Subordinated borrowings private placement - USD ($) $ in Thousands		9 Months Ended
	Sep. 27, 2024	Sep. 30, 2024	Dec. 31, 2023	Nov. 19, 2019
Debt Instrument [Line Items]
Principal amount of debt issued				$ 40,000
Fixed interest rate				4.63%
Debt issuance costs		$ 40	$ 158
Notes redeemed	$ 20,000
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, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total secured borrowings	$ 7,136	$ 8,465
US Government sponsored enterprises
Debt Instrument [Line Items]
Total secured borrowings	$ 7,136	$ 8,465

DEPOSITS - Components (Details)

DEPOSITS - Components (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
DEPOSITS.
Time less than $100,000	$ 449,922	$ 381,902
Time $100,000 through $250,000	187,100	163,933
Time $250,000 or more	180,332	154,425
Total	$ 817,354	$ 700,260

DEPOSITS - Maturities, Brokered

DEPOSITS - Maturities, Brokered, Reciprocal (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Time Deposits, Fiscal Year Maturity [Abstract]
Within 1 year	$ 795,594	$ 670,961
Over 1 year to 2 years	14,049	17,000
Over 2 years to 3 years	4,301	6,932
Over 3 years to 4 years	2,282	3,434
Over 4 years to 5 years	1,014	1,795
Over 5 years	114	138
Total	817,354	700,260
Brokered deposits	274,300	219,600
Reciprocal deposits	$ 55,600	$ 43,300

CAPITAL RATIOS AND SHAREHOLDE_3

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Actual and Required Capital Ratios (Details) $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Actual
Total capital to risk-weighted assets	$ 472,668	$ 450,160
Common equity tier 1 capital to risk-weighted assets	379,352	357,574
Tier 1 capital to risk-weighted assets	399,972	378,194
Tier 1 capital to average assets	$ 399,972	$ 378,194
Total capital to risk-weighted assets, ratio	0.1437	0.1424
Common equity tier 1 capital to risk-weighted assets, ratio	0.1154	0.1131
Tier 1 capital to risk-weighted assets, ratio	0.1216	0.1196
Tier 1 capital to average assets (leverage ratio)	0.1009	0.0970
Minimum Regulatory Capital Requirements
Total capital to risk-weighted assets	$ 263,059	$ 252,888
Common equity tier 1 capital to risk-weighted assets	147,971	142,249
Tier 1 capital to risk-weighted assets	197,295	189,666
Tier 1 capital to average assets	$ 158,637	$ 156,022
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	$ 465,418	$ 441,278
Common equity tier 1 capital to risk-weighted assets	432,722	409,312
Tier 1 capital to risk-weighted assets	432,722	409,312
Tier 1 capital to average assets	$ 432,722	$ 409,312
Total capital to risk-weighted assets, ratio	0.1417	0.1397
Common equity tier 1 capital to risk-weighted assets, ratio	0.1318	0.1296
Tier 1 capital to risk-weighted assets, ratio	0.1318	0.1296
Tier 1 capital to average assets (leverage ratio)	0.1092	0.1050
Minimum Regulatory Capital Requirements
Total capital to risk-weighted assets	$ 262,744	$ 252,642
Common equity tier 1 capital to risk-weighted assets	147,793	142,111
Tier 1 capital to risk-weighted assets	197,058	189,482
Tier 1 capital to average assets	$ 158,511	$ 155,908
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 AOCLI (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss	$ (43,085)		$ (49,862)
Net unrealized gain (loss) on AFS securities:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(52,308)		(62,351)
Income taxes related to items of accumulated other comprehensive loss:	12,334		14,702
Accumulated other comprehensive loss	(39,974)	$ (52,313)	(47,649)	$ (66,530)	$ (55,307)	$ (55,246)
Net unrealized gain (loss) on hedging derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(2,489)		(1,322)
Income taxes related to items of accumulated other comprehensive loss:	587		312
Accumulated other comprehensive loss	(1,902)	(1,965)	(1,010)	(3,570)	(957)	(1,794)
Net unrealized gain (loss) on post-retirement plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss, before tax:	(1,517)		(1,540)
Income taxes related to items of accumulated other comprehensive loss:	308		337
Accumulated other comprehensive loss	$ (1,209)	$ (1,209)	$ (1,203)	$ (1,300)	$ (1,300)	$ (1,300)

CAPITAL RATIOS AND SHAREHOLDE_5

CAPITAL RATIOS AND SHAREHOLDERS' EQUITY - Components of OCIL (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net unrealized loss arising during the period
Before Tax	$ 63	$ (2,612)			$ (892)	$ (1,776)
Other comprehensive (loss) income
Before Tax	16,229	(17,981)			8,898	(16,944)
Tax Effect	(3,827)	4,145			(2,121)	3,884
Total other comprehensive income (loss)	12,402	(13,836)	$ (5,625)	$ 776	6,777	(13,060)
Net unrealized gain (loss) on AFS securities:
Net unrealized loss arising during the period
Before Tax	16,147	(14,586)			10,093	(14,603)
Tax Effect	(3,808)	3,363			(2,380)	3,345
Net of Tax	12,339	(11,223)			7,713	(11,258)
Less: reclassification adjustment for gains (losses) realized in net income
Before Tax					50	34
Tax Effect					(12)	(8)
Net of Tax					38	26
Other comprehensive (loss) income
Before Tax	16,147	(14,586)			10,043	(14,637)
Tax Effect	(3,808)	3,363			(2,368)	3,353
Total other comprehensive income (loss)	12,339	(11,223)			7,675	(11,284)
Net unrealized gain (loss) on hedging derivatives
Net unrealized loss arising during the period
Before Tax	82	(3,395)			(1,167)	(2,307)
Tax Effect	(19)	782			275	531
Net of Tax	63	(2,613)			(892)	(1,776)
Other comprehensive (loss) income
Before Tax	82	(3,395)			(1,167)	(2,307)
Tax Effect	(19)	782			275	531
Total other comprehensive income (loss)	$ 63	$ (2,613)			(892)	$ (1,776)
Net unrealized gain (loss) on post-retirement plans
Net unrealized loss arising during the period
Before Tax					22
Tax Effect					(28)
Net of Tax					(6)
Other comprehensive (loss) income
Total other comprehensive income (loss)					$ (6)

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, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income			$ (49,862)		$ (49,862)
Total other comprehensive income (loss)	$ 12,402	$ (13,836)	(5,625)	$ 776	6,777	$ (13,060)
Ending accumulated other comprehensive income	(43,085)				(43,085)
Net unrealized gain (loss) on AFS securities:
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(52,313)	(55,307)	(47,649)	(55,246)	(47,649)	(55,246)
Other comprehensive gain (loss) before reclassifications	12,339	(11,223)			7,713	(11,258)
Less: amounts reclassified from accumulated other comprehensive income					38	26
Total other comprehensive income (loss)	12,339	(11,223)			7,675	(11,284)
Ending accumulated other comprehensive income	(39,974)	(66,530)	(52,313)	(55,307)	(39,974)	(66,530)
Net gain (loss) on effective cash flow hedging derivatives
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(1,965)	(957)	(1,010)	(1,794)	(1,010)	(1,794)
Other comprehensive gain (loss) before reclassifications	63	(2,613)			(892)	(1,776)
Total other comprehensive income (loss)	63	(2,613)			(892)	(1,776)
Ending accumulated other comprehensive income	(1,902)	(3,570)	(1,965)	(957)	(1,902)	(3,570)
Net unrealized gain (loss) on post-retirement plans
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(1,209)	(1,300)	(1,203)	(1,300)	(1,203)	(1,300)
Other comprehensive gain (loss) before reclassifications					(6)
Total other comprehensive income (loss)					(6)
Ending accumulated other comprehensive income	(1,209)	(1,300)	(1,209)	(1,300)	(1,209)	(1,300)
Accumulated other comprehensive income (loss)
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning accumulated other comprehensive income	(55,487)	(57,564)	(49,862)	(58,340)	(49,862)	(58,340)
Other comprehensive gain (loss) before reclassifications	12,402	(13,836)			6,815	(13,034)
Less: amounts reclassified from accumulated other comprehensive income					38	26
Total other comprehensive income (loss)	12,402	(13,836)	(5,625)	776	6,777	(13,060)
Ending accumulated other comprehensive income	$ (43,085)	$ (71,400)	$ (55,487)	$ (57,564)	$ (43,085)	$ (71,400)

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-interest income	$ 9,653	$ 8,607	$ 27,496	$ 26,377
Non-interest expense	24,772	22,808	72,102	68,510
Tax expense	$ (1,418)	$ (3,208)	(6,519)	(9,621)
Reclassification out of AOCI \| Available-for-sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Non-interest income			50	34
Tax expense			(12)	(8)
Net of tax			$ 38	$ 26

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, 2024	Sep. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
EARNINGS PER SHARE
Net Income (Loss)	$ 12,193	$ 11,104	$ 20,352	$ 23,803	$ 32,545	$ 34,907
Average number of basic common shares outstanding (in shares)	15,260,942	15,155,457			15,229,029	15,134,954
Plus: dilutive effect of stock options and awards outstanding (in shares)	65,132	40,067			62,863	53,765
Average number of diluted common shares outstanding (in shares)	15,326,074	15,195,524			15,291,892	15,188,719
Earnings per share:
Basic (in dollars per share)	$ 0.80	$ 0.73			$ 2.14	$ 2.31
Diluted (in dollars per share)	$ 0.80	$ 0.73			$ 2.13	$ 2.30

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Apr. 30, 2020	Dec. 31, 2019	Nov. 30, 2019
Derivative [Line Items]
Notional Amount	$ 851,613	$ 833,115
Fair Value Asset (Liability)	1,820	3,231
Designated as hedging instrument \| Cash flow hedges
Derivative [Line Items]
Notional Amount	125,000	125,000
Fair Value Asset (Liability)	(1,324)	(656)
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)	3 months 18 days	1 year
Fair Value Asset (Liability)	$ 745	$ 2,803
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)	1 year 6 months	2 years 2 months 12 days
Fair Value Asset (Liability)	$ (2,069)	$ (3,459)
Designated as hedging instrument \| Fair Value Hedging
Derivative [Line Items]
Notional Amount	37,190	37,190
Fair Value Asset (Liability)	3,005	3,844
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)	4 years 9 months 18 days	5 years 7 months 6 days
Fair Value Asset (Liability)	$ 3,005	$ 3,844
Carrying Amount of Hedged Assets	33,019	32,680
Cumulative Amount of Fair Value Hedging Adjustment in Carrying Amount	(4,171)	(4,510)
Designated as hedging instrument \| Economic hedges
Derivative [Line Items]
Notional Amount	681,921	667,772
Fair Value Asset (Liability)	(8)	(20)
Designated as hedging instrument \| Economic hedges \| Forward sale commitments
Derivative [Line Items]
Notional Amount	$ 7,025	$ 5,000
Weighted Average Maturity (in years)	1 month 6 days	0 years
Fair Value Asset (Liability)	$ (8)	$ (20)
Designated as hedging instrument \| Economic hedges \| Customer loan derivative liability \| MNA counterparty
Derivative [Line Items]
Notional Amount	$ 193,534	$ 197,683
Weighted Average Maturity (in years)	4 years 4 months 24 days	4 years 10 months 24 days
Fair Value Asset (Liability)	$ (10,620)	$ (14,842)
Designated as hedging instrument \| Economic hedges \| Customer loan derivative liability \| RPA counterparty
Derivative [Line Items]
Notional Amount	$ 143,914	$ 133,703
Weighted Average Maturity (in years)	5 years 3 months 18 days	4 years 10 months 24 days
Designated as hedging instrument \| Economic hedges \| Customer loan derivative asset \| Customer
Derivative [Line Items]
Notional Amount	$ 337,448	$ 331,386
Weighted Average Maturity (in years)	4 years 9 months 18 days	4 years 10 months 24 days
Fair Value Asset (Liability)	$ 10,620	$ 14,842
Not designated as hedging instrument
Derivative [Line Items]
Notional Amount	7,502	3,153
Fair Value Asset (Liability)	147	63
Not designated as hedging instrument \| Interest Rate Lock Commitment
Derivative [Line Items]
Notional Amount	$ 7,502	$ 3,153
Weighted Average Maturity (in years)	1 month 6 days	1 month 6 days
Fair Value Asset (Liability)	$ 147	$ 63

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	$ 63	$ (2,612)	$ (892)	$ (1,776)
Amount of Gain (Loss) Recognized in Income	590	629	1,934	1,603
Designated as hedging instrument \| Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	205	(516)	(510)	(608)
Amount of Gain (Loss) Recognized in Income	240	238	725	650
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	(706)	(564)	(1,572)	(786)
Amount of Gain (Loss) Recognized in Income	828	816	2,483	2,225
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	911	48	1,062	178
Amount of Gain (Loss) Recognized in Income	(588)	(578)	(1,758)	(1,575)
Designated as hedging instrument \| Fair Value Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	(142)	(2,096)	(382)	(1,168)
Amount of Gain (Loss) Recognized in Income	372	369	1,113	985
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	(142)	(2,096)	(382)	(1,168)
Amount of Gain (Loss) Recognized in Income	372	369	1,113	985
Designated as hedging instrument \| Economic hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(23)	(2)	12	47
Designated as hedging instrument \| Economic hedges \| Forward sale commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(23)	(2)	12	47
Not designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	1	24	84	(79)
Not designated as hedging instrument \| Interest Rate Lock Commitment
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 1	$ 24	$ 84	$ (79)

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loans
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	$ 42,042	$ 38,412	$ 122,146	$ 109,889
Securities and other
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	6,538	6,723	19,095	18,478
Deposits
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	16,174	11,415	45,486	25,270
Borrowings
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	3,448	4,534	10,983	14,215
Non-interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Income and expense line items presented in the consolidated statements of income	9,653	8,815	27,496	26,979
Interest rate swap on wholesale funding \| Cash flow hedges \| Borrowings
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on cash flow hedges:	828	816	2,483	2,225
Interest rate swap on variable rate loans \| Cash flow hedges \| Loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on cash flow hedges:	(588)	(578)	(1,758)
Interest rate swap on variable rate loans \| Fair Value Hedging \| Loans
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on cash flow hedges:				(1,575)
Interest rate swap on securities \| Fair Value Hedging \| Securities and other
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on fair value hedges:	$ 372	$ 369	$ 1,113	$ 985

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 590	$ 629	$ 1,934	$ 1,603
Designated as hedging instrument \| Economic hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(23)	(2)	12	47
Designated as hedging instrument \| Economic hedges \| Forward commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(23)	(2)	12	47
Not designated as hedging instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	1	24	84	(79)
Not designated as hedging instrument \| Interest rate lock commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ 1	$ 24	$ 84	$ (79)

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Additional information (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($) item	Dec. 31, 2023 USD ($)	Apr. 30, 2020 USD ($)	Dec. 31, 2019 USD ($) item	Nov. 30, 2019 USD ($)
Derivative [Line Items]
Notional amount of interest rate swap	$ 851,613	$ 833,115
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 \| SOFR
Derivative [Line Items]
Variable interest rate	0.806%
Interest rate margin	0.11%
Designated as hedging instrument \| Cash flow hedges \| Interest rate swap on wholesale funding
Derivative [Line Items]
Number of instruments \| 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]
Number of instruments \| item				8
Notional amount of interest rate swap	$ 37,190	$ 37,190		$ 37,200
Fixed interest rate, weighted average				1.70%

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, 2024	Dec. 31, 2023
Derivative [Line Items]
Net Amount
MNA counterparty
Derivative [Line Items]
Net Amount
RPA counterparty
Derivative [Line Items]
Net Amount
Customer loan derivative liability
Derivative [Line Items]
Derivative Liabilities	(10,620)	(14,842)
Customer loan derivative liability \| MNA counterparty
Derivative [Line Items]
Derivative Liabilities	(10,620)	(14,842)
Customer loan derivative asset
Derivative [Line Items]
Derivative Assets	10,620	14,842
Customer loan derivative asset \| MNA counterparty
Derivative [Line Items]
Derivative Assets	$ 10,620	$ 14,842

FAIR VALUE MEASUREMENTS - Measu

FAIR VALUE MEASUREMENTS - Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 535,892	$ 534,574
Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	109,327	110,168
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	94,036	95,868
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	1,272	2,189
Derivative assets	14,517	21,838
Derivative Liabilities	(12,697)	(18,607)
Recurring \| Obligations of US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,363	1,992
Recurring \| US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	189,452	193,282
Recurring \| US Government agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	96,327	74,213
Recurring \| Private label
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	45,387	59,051
Recurring \| Obligations of states and political subdivisions thereof
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	109,327	110,168
Recurring \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	94,036	95,868
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	1,272	2,189
Derivative assets	14,370	21,775
Derivative Liabilities	(12,689)	(18,587)
Recurring \| Level 2 \| Obligations of US Government-sponsored enterprises
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,363	1,992
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	189,452	193,282
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	96,327	74,213
Recurring \| Level 2 \| Private label
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage-backed securities available for sale	45,387	59,051
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	109,327	110,168
Recurring \| Level 2 \| Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	94,036	95,868
Recurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	147	63
Derivative Liabilities	(8)	$ (20)
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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
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	$ 146	$ 8	$ 63
Realized gain (loss) recognized in non-interest income	1	17	84	$ 25
Ending balance	147	25	147	25
Forward Commitments
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning balance	15	0	(20)	0
Realized gain (loss) recognized in non-interest income	(23)	47	12	47
Ending balance	$ (8)	$ 47	$ (8)	$ 47

FAIR VALUE MEASUREMENTS - Unobs

FAIR VALUE MEASUREMENTS - Unobservable Inputs Recurring (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Derivative asset (liability), fair value	$ 1,820,000	$ 3,231,000
Fair value asset level 1 to level 2	0	0
Fair value asset level 2 to level 1	0	0
Fair value liabilities level 1 to level 2	0	0
Fair value liabilities level 2 to level 1	0	0
Recurring \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Total	139,000	43,000
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	$ (8,000)	$ (20,000)
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	1.01	1.009
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	1.042	1.033
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	$ 147,000	$ 63,000
Closing Ratio	88%	95%
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

FAIR VALUE MEASUREMENTS - Mea_2

FAIR VALUE MEASUREMENTS - Measured on Non-recurring Basis (Details) - Non-recurring - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Assets
Liabilities measured at fair value	$ 0	$ 0	$ 0
Level 3
Assets
Individually evaluated loans	3,496	3,496	3,500
Capitalized servicing rights	6,545	6,545	6,764
Premises held for sale	252	252	1,154
Total	10,293	10,293	11,418
Total Gains (Losses)	418	(1,125)
Level 3 \| Impaired loans
Assets
Total Gains (Losses)	867	(4)
Level 3 \| Capitalized servicing rights
Assets
Total Gains (Losses)	(449)	(219)
Level 3 \| Assets held for sale
Assets
Premises held for sale	252	252	$ 1,154
Total Gains (Losses)	$ 0	$ (902)

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, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	$ 3,496	$ 3,500
Capitalized servicing rights	6,545	6,764
Premises held for sale	252	1,154
Total	10,293	11,418
Quoted prices for similar loans in active markets
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	3,001	2,437
Discount Cash Flows
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Individually evaluated loans	$ 495	$ 1,063
Impaired loans \| Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Loss severity	10%	10%
Appraised value	$ 215	$ 80
Cash flows	$ 504	$ 2
Discount rate	4%	3.25%
Impaired loans \| Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Loss severity	61%	43%
Appraised value	$ 1,260	$ 965
Cash flows	$ 505	$ 520
Discount rate	4.99%	7.13%
Capitalized servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Constant prepayment rate	7.64%	7.20%
Discount rate	10.06%	10.06%
Assets held for sale
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Premises held for sale	$ 252	$ 1,154
Selling Costs	5%	6%
Assets held for sale \| Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items}
Appraised value	$ 265	$ 1,223

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Values and Carrying Amounts (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financial Assets
Securities available for sale	$ 535,892	$ 534,574
Financial Liabilities
Time deposits	817,354	700,260
Carrying Amount
Financial Assets
Cash and cash equivalents	81,220	94,842
Securities available for sale	535,892	534,574
FHLB stock	7,600	14,834
Loans held for sale	1,272	2,189
Net loans	3,052,715	2,970,907
Accrued interest receivable	5,360	4,921
Cash surrender value of bank-owned life insurance policies	81,824	80,037
Derivative assets	14,517	21,838
Financial Liabilities
Non-maturity deposits	2,443,732	2,482,012
Time deposits	817,354	658,482
Securities sold under agreements to repurchase	7,136	8,465
FRB advances	45,000	30,000
FHLB advances	134,072	232,579
Subordinated borrowings	60,579	60,422
Derivative liabilities	12,697	15,607
Fair Value
Financial Assets
Cash and cash equivalents	81,220	94,842
Securities available for sale	535,892	534,574
FHLB stock	7,600	14,834
Loans held for sale	1,272	2,189
Net loans	2,900,619	2,832,173
Accrued interest receivable	5,360	4,921
Cash surrender value of bank-owned life insurance policies	81,824	80,037
Derivative assets	14,517	21,838
Financial Liabilities
Non-maturity deposits	2,338,648	2,325,307
Time deposits	815,614	651,855
Securities sold under agreements to repurchase	7,136	8,465
FRB advances	44,990	30,000
FHLB advances	133,994	232,375
Subordinated borrowings	68,443	67,635
Derivative liabilities	12,697	15,607
Fair Value \| Level 1
Financial Assets
Cash and cash equivalents	81,220	94,842
Fair Value \| Level 2
Financial Assets
Securities available for sale	535,892	534,574
FHLB stock	7,600	14,834
Loans held for sale	1,272	2,189
Accrued interest receivable	5,360	4,921
Cash surrender value of bank-owned life insurance policies	81,824	80,037
Derivative assets	14,370	21,775
Financial Liabilities
Non-maturity deposits	2,338,648	2,325,307
Time deposits	815,614	651,855
Securities sold under agreements to repurchase	7,136	8,465
FRB advances	44,990	30,000
FHLB advances	133,994	232,375
Subordinated borrowings	68,443	67,635
Derivative liabilities	12,689	15,587
Fair Value \| Level 3
Financial Assets
Net loans	2,900,619	2,832,173
Derivative assets	147	63
Financial Liabilities
Derivative liabilities	$ 8	$ 20

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total non-interest income	$ 9,653	$ 8,607	$ 27,496	$ 26,377
Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	7,917	7,448	23,227	22,259
Not within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,736	1,159	4,269	4,118
Products and services transferred at a point in time \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	4,199	4,045	12,095	11,842
Products and services transferred over time \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	3,718	3,403	11,132	10,417
Non-interest Income \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	7,917	7,448	23,227	22,259
Trust management fees \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	3,476	3,135	10,464	9,724
Financial services fees \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	653	387	1,528	1,158
Interchange fees \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,977	1,971	5,842	5,909
Customer deposit fees \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	1,521	1,669	4,610	4,688
Other customer service fees \| Within the scope of ASC 606
Disaggregation of Revenue [Line Items]
Total non-interest income	$ 290	$ 286	$ 783	$ 780

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, 2024	Dec. 31, 2023
Balances from contracts with customers only:
Other Assets	$ 1,332	$ 1,178
Other Liabilities	$ 1,485	$ 1,769
Revenue, Practical Expedient, Incremental Cost of Obtaining Contract [true false]	true