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Major classifications of loans as of the dates indicated were as follows: (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
[3]
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans $ 2,013,364   $ 1,989,276 [1]      
Unamortized PPP loan fees (78)   (109)      
Unearned premiums and deferred loan fees and costs, net 2,307   2,233      
Total loans, net 2,015,593   1,991,400      
Allowance for credit losses (19,647) [2],[3] $ (19,031) (19,931) [2],[4] $ (19,560) $ (19,308) $ (19,787)
Net loans 1,995,946   1,971,469      
Commercial Real Estate [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 1,075,429   1,069,323      
Allowance for credit losses (15,752) [3] (15,425) (12,199) (12,483) (12,294) (12,970)
Residential Mortgage [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 597,812   589,503      
Home Equity Line of Credit [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 107,044   105,557      
Residential Portfolio Segment [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 704,856   695,060      
Allowance for credit losses (2,356) [3] (1,877) (4,312) (4,164) (4,068) (3,964)
Commercial and Industrial Paycheck Protection Program [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 1,864   2,274      
Commercial and Industrial [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 225,229   217,574      
Commercial and Industrial Sector [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 227,093   219,848      
Allowance for credit losses (1,487) [3] (1,676) (3,160) (2,686) (2,726) (2,643)
Consumer Loan [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Total gross loans 5,986   5,045      
Allowance for credit losses $ (52) [3] $ (53) $ (245) $ (210) $ (199) $ (197)
[1] Purchase credit deteriorated (“PCD loans”) gross up of cost basis of loans totaled $422,000 for commercial real estate loans and $1,691,000 for commercial and industrial loans.
[2] The Company adopted ASU 2016-13 on January 1, 2023 with a modified retrospective approach. Accordingly, beginning at January 1, 2023, the allowance for credit losses was determined in accordance with ASC 326, “Financial Instruments-Credit Losses.”
[3] The balance of $6.8 million and $7.0 million in accrued interest receivable is excluded from amortized cost and the calculation of the allowance for credit losses at June 30, 2023 and March 31, 2023, respectively.
[4] Increase to allowance for credit losses on loans of $2,113,000 for PCD loans gross up and a decrease of $931,000 for pooled loans through retained earnings.