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The following table presents information pertaining to the allowance for credit losses by segment (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans $ 286    
Amount of allowance for non-impaired loans   19,931    
Total allowance for loan losses 19,031 [1],[2] 19,931 [1],[3] $ 19,308 $ 19,787
Impaired loans   13,208    
Non-impaired loans   1,970,870    
Impaired loans acquired with deteriorated credit quality   5,198    
Total loans 2,004,329 1,989,276 [4]    
Commercial Real Estate [Member]        
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans      
Amount of allowance for non-impaired loans   12,199    
Total allowance for loan losses 15,425 [2] 12,199 12,294 12,970
Impaired loans   9,178    
Non-impaired loans   1,056,886    
Impaired loans acquired with deteriorated credit quality   3,259    
Total loans 1,079,664 1,069,323    
Residential Portfolio Segment [Member]        
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans      
Amount of allowance for non-impaired loans   4,312    
Total allowance for loan losses 1,877 [2] 4,312 4,068 3,964
Impaired loans   3,623    
Non-impaired loans   689,776    
Impaired loans acquired with deteriorated credit quality   1,661    
Total loans 700,898 695,060    
Commercial and Industrial Sector [Member]        
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans 286    
Amount of allowance for non-impaired loans   3,160    
Total allowance for loan losses 1,676 [2] 3,160 2,726 2,643
Impaired loans   407    
Non-impaired loans   219,163    
Impaired loans acquired with deteriorated credit quality   278    
Total loans 218,100 219,848    
Consumer Loan [Member]        
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans      
Amount of allowance for non-impaired loans   245    
Total allowance for loan losses 53 [2] 245 199 197
Impaired loans      
Non-impaired loans   5,045    
Impaired loans acquired with deteriorated credit quality      
Total loans 5,667 5,045    
Unallocated [Member]        
Financing Receivable, Past Due [Line Items]        
Amount of allowance for impaired loans      
Amount of allowance for non-impaired loans   15    
Total allowance for loan losses [2] 15 $ 21 $ 13
Impaired loans      
Non-impaired loans      
Impaired loans acquired with deteriorated credit quality      
Total loans      
[1] The Company adopted ASU 2016-13 on January 1, 2023 with a modified retrospective approach. Accordingly, at March 31, 2023, the allowance for credit losses was determined in accordance with ASC 326, “Financial Instruments-Credit Losses.”
[2] The balance of $7.0 million in accrued interest receivable is excluded from amortized cost and the calculation of the allowance for credit losses at March 31, 2023.
[3] 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.
[4] 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.