
	Beginning Balance		Impact of Adopting ASU 2022-02		PCD Loan Reserves		Charge-offs		Recoveries		Provision for (recovery of) credit losses		Ending Balance
Three months ended March 31, 2024
Commercial and industrial	$	4,474	$	—	$	—	$	(306)	$	25	$	82	$	4,275

1-4 Family	1,402		—		—		(31)		11		12		1,394
Hotels	2,211		—		—		—		—		46		2,257
Multi-family	1,002		—		—		—		—		(3)		999
Non Residential Non-Owner Occupied	4,077		—		—		—		—		(65)		4,012
Non Residential Owner Occupied	2,453		—		—		—		—		(32)		2,421
Commercial real estate	11,145		—		—		(31)		11		(42)		11,083

Residential real estate	5,398		—		—		(19)		49		(291)		5,137
Home equity	490		—		—		(27)		9		35		507
Consumer	269		—		—		(115)		98		174		426
DDA overdrafts	969		—		—		(356)		407		(138)		882
	$	22,745	$	—	$	—	$	(854)	$	599	$	(180)	$	22,310

Three months ended March 31, 2023
Commercial and industrial	$	3,565	$	12	$	—	$	—	$	83	$	626	$	4,286

1-4 Family	566		(1)		—		(3)		14		37		613
Hotels	2,332		—		—		—		—		(148)		2,184
Multi-family	380		—		500		—		—		147		1,027
Non Residential Non-Owner Occupied	2,019		—		1,536		—		144		1,225		4,924
Non Residential Owner Occupied	1,315		—		775		—		—		347		2,437
Commercial real estate	6,612		(1)		2,811		(3)		158		1,608		11,185

Residential real estate	5,430		(138)		—		(32)		10		214		5,484
Home equity	290		(46)		—		(67)		4		219		400
Consumer	110		(2)		—		(62)		23		302		371
DDA Overdrafts	1,101		—		—		(450)		398		(51)		998
	$	17,108	$	(175)	$	2,811	$	(614)	$	676	$	2,918	$	22,724

Management systematically monitors the loan portfolio and the appropriateness of the allowance for credit losses on a quarterly basis to provide for expected losses inherent in the portfolio. Management assesses the risk in each loan type based on historical trends, the general economic environment of its local markets, individual loan performance and other relevant factors. The Company's estimate of future economic conditions utilized in its provision estimate is primarily dependent on

Interest income on loans is accrued and credited to operations based upon the principal amount outstanding, using methods that generally result in level rates of return. Loan origination fees, and certain direct costs, are deferred and amortized as an adjustment to the yield over the term of the loan. The accrual of interest generally is discontinued when a loan becomes 90 days past due as to principal or interest for all loan types. However, any loan may be placed on non-accrual status if the Company receives information that indicates a borrower is unable to meet the contractual terms of its respective loan agreement. Other indicators considered for placing a loan on non-accrual status include the borrower’s involvement in bankruptcies, foreclosures, repossessions, litigation and any other situation resulting in doubt as to whether full collection of contractual principal and interest is attainable. When interest accruals are discontinued, unpaid interest recognized in income in the current year is reversed, and interest accrued in prior years is charged to the allowance for credit losses. Management may elect to continue the accrual of interest when the net realizable value of collateral exceeds the principal balance and related accrued interest, and the loan is in the process of collection.

Generally for all loan classes, interest income during the period the loan is non-performing is recorded on a cash basis after recovery of principal is reasonably assured. Cash payments received on nonperforming loans are typically applied directly against the outstanding principal balance until the loan is fully repaid. Generally, loans are restored to accrual status when the obligation is brought current, the borrower has performed in accordance with the contractual terms for a reasonable period of time, and the ultimate collectability of the total contractual principal and interest is no longer in doubt.


	Non-accrual With No		Non-accrual With		Loans Past Due
	Allowance for		Allowance for		Over 90 Days
	Credit Losses		Credit Losses		Still Accruing
Commercial & Industrial	$	—	$	3,405	$	—

1-4 Family	—		672		—
Hotels	—		—		—
Multi-family	—		—		—
Non Residential Non-Owner Occupied	—		410		—
Non Residential Owner Occupied	—		2,725		—
Commercial Real Estate	—		3,807		—

Residential Real Estate	—		3,452		—
Home Equity	—		121		—
Consumer	—		1		—
Total	$	—	$	10,786	$	—


	Non-accrual With No		Non-accrual With		Loans Past Due
	Allowance for		Allowance for		Over 90 Days
	Credit Losses		Credit Losses		Still Accruing
Commercial & Industrial	$	1,000	$	1,211	$	—

1-4 Family	—		521		—
Hotels	—		—		—
Multi-family	—		—		—
Non Residential Non-Owner Occupied	—		446		—
Non Residential Owner Occupied	—		1,420		—
Commercial Real Estate	—		2,387		—

Residential Real Estate	—		2,849		214
Home Equity	—		111		56
Consumer	—		—		—
Total	$	1,000	$	6,558	$	270

Generally, all loan types are considered past due when the contractual terms of a loan are not met and the borrower is 30 days or more past due on a payment. Furthermore, residential and home equity loans are generally subject to charge-off when the loan becomes 120 days past due, depending on the estimated fair value of the collateral less cost to dispose, versus the outstanding loan balance. Commercial loans are generally charged off when the loan becomes 120 days past due. Open-end consumer loans are generally charged off when the loan becomes 180 days past due.


	March 31, 2024
	30-59		60-89		90+		Total		Current		Non-		Total
	Past Due		Past Due		Past Due		Past Due		Loans		accrual		Loans
Commercial and industrial	$	25	$	—	$	—	$	25	$	404,340	$	3,405	$	407,770

1-4 Family	—		—		—		—		201,706		672		202,378
Hotels	—		—		—		—		354,929		—		354,929
Multi-family	—		—		—		—		186,555		—		186,555
Non Residential Non-Owner Occupied	138		—		—		138		682,061		410		682,609
Non Residential Owner Occupied	—		—		—		—		229,715		2,725		232,440
Commercial real estate	138		—		—		138		1,654,966		3,807		1,658,911

Residential real estate	4,876		159		—		5,035		1,778,277		3,452		1,786,764
Home Equity	854		174		—		1,028		170,143		121		171,292
Consumer	65		10		—		75		63,480		1		63,556
Overdrafts	403		3		—		406		3,089		—		3,495
Total	$	6,361	$	346	$	—	$	6,707	$	4,074,295	$	10,786	$	4,091,788


	December 31, 2023
	30-59		60-89		90+		Total		Current		Non-		Total
	Past Due		Past Due		Past Due		Past Due		Loans		accrual		Loans
Commercial and industrial	$	185	$	250	$	—	$	435	$	424,305	$	2,211	$	426,951

1-4 Family	67		25		—		92		205,624		521		206,237
Hotels	—		—		—		—		357,142		—		357,142
Multi-family	—		—		—		—		189,165		—		189,165
Non Residential Non-Owner Occupied	—		—		—		—		680,144		446		680,590
Non Residential Owner Occupied	623		—		—		623		238,285		1,420		240,328
Commercial real estate	690		25		—		715		1,670,360		2,387		1,673,462

Residential real estate	7,034		811		214		8,059		1,777,241		2,849		1,788,149
Home Equity	1,020		159		56		1,235		165,855		111		167,201
Consumer	129		—		—		129		65,117		—		65,246
Overdrafts	355		9		—		364		4,550		—		4,914
Total	$	9,413	$	1,254	$	270	$	10,937	$	4,107,428	$	7,558	$	4,125,923

The Company evaluates all loan restructurings in accordance with ASU No. 2022-02 for loan modifications to determine if the restructuring results in a new loan or a continuation of the existing loan. Loan modifications to borrowers experiencing financial difficulty that result in a direct change in the timing or amount of contractual cash flows include situations where there is principal forgiveness, interest rate reductions, other-than-insignificant payment delays, term extensions, and combinations of the listed modifications. Therefore, the disclosures related to loan restructurings are only for modifications that directly affect cash flows. During the three months ended March 31, 2024 and March 31, 2023, the Company had no loan modifications that were considered restructured loans.

All commercial loans within the portfolio are subject to internal risk rating. All non-commercial loans are evaluated based on payment history. The Company’s internal risk ratings for commercial loans are: Exceptional, Good, Acceptable, Pass/Watch, Special Mention, Substandard and Doubtful. Each internal risk rating is defined in the loan policy using the following criteria: balance sheet yields; ratios and leverage; cash flow spread and coverage; prior history; capability of management; market position/industry; potential impact of changing economic, legal, regulatory or environmental conditions; purpose; structure; collateral support; and guarantor support. Risk grades are generally assigned by the primary lending officer and are periodically evaluated by the Company’s internal loan review process. Based on an individual loan’s risk grade, estimated loss percentages are applied to the outstanding balance of the loan to determine the amount of expected loss.

The Company categorizes loans into risk categories based on relevant information regarding the customer’s debt service ability, capacity and overall collateral position, along with other economic trends and historical payment performance. The risk rating for each credit is updated when the Company receives current financial information, the loan is reviewed by the Company’s internal loan review and credit administration departments, or the loan becomes delinquent or impaired. The risk grades are updated a minimum of annually for loans rated Exceptional, Good, Acceptable, or Pass/Watch. Loans rated Special Mention, Substandard or Doubtful are reviewed at least quarterly. The Company uses the following definitions for its risk ratings:


Risk Rating			Description
Pass Ratings:
(a) Exceptional			Loans classified as exceptional are secured with liquid collateral conforming to the internal loan policy. Loans rated within this category pose minimal risk of loss to the bank.
(b) Good			Loans classified as good have similar characteristics that include a strong balance sheet, satisfactory debt service coverage ratios, strong management and/or guarantors, and little exposure to economic cycles. Loans in this category generally have a low chance of loss to the bank.
(c) Acceptable			Loans classified as acceptable have acceptable liquidity levels, adequate debt service coverage ratios, experienced management, and have average exposure to economic cycles. Loans within this category generally have a low risk of loss to the bank.
(d) Pass/watch			Loans classified as pass/watch have erratic levels of leverage and/or liquidity, cash flow is volatile and the borrower is subject to moderate economic risk. A borrower in this category poses a low to moderate risk of loss to the bank.
Special mention			Loans classified as special mention have a potential weakness(es) that deserves management’s close attention. The potential weakness could result in deterioration of the loan repayment or the bank’s credit position at some future date. A loan rated in this category poses a moderate loss risk to the bank.
Substandard			Loans classified as substandard reflect a customer with a well-defined weakness that jeopardizes the liquidation of the debt. Loans in this category have the possibility that the bank will sustain some loss if the deficiencies are not corrected and the bank’s collateral value is weakened by the financial deterioration of the borrower.
Doubtful			Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristics that make collection of the full contract amount highly improbable. Loans rated in this category are most likely to cause the bank to have a loss due to a collateral shortfall or a negative capital position.


													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial and industrial
Pass	$	11,932	$	66,867	$	46,209	$	72,430	$	41,097	$	39,592	$	99,859	$	377,986
Special mention	—		—		—		—		—		13		—		13
Substandard	378		571		2,609		720		579		2,385		22,529		29,771
Total	$	12,310	$	67,438	$	48,818	$	73,150	$	41,676	$	41,990	$	122,388	$	407,770
YTD Gross Charge-offs	$	—	$	—	$	—	$	56	$	—	$	—	$	250	$	306



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial and industrial
Pass	$	70,494	$	47,473	$	76,605	$	47,688	$	21,820	$	18,328	$	111,546	$	393,954
Special mention	—		33		—		2,600		22		—		70		2,725
Substandard	379		2,748		854		775		923		1,538		23,055		30,272
Total	$	70,873	$	50,254	$	77,459	$	51,063	$	22,765	$	19,866	$	134,671	$	426,951



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
1-4 Family
Pass	$	7,065	$	37,204	$	52,219	$	30,773	$	20,261	$	38,973	$	11,437	$	197,932
Special mention	—		559		436		—		920		648		248		2,811
Substandard	—		—		75		—		247		1,313		—		1,635
Total	$	7,065	$	37,763	$	52,730	$	30,773	$	21,428	$	40,934	$	11,685	$	202,378
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	31	$	—	$	31



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
1-4 Family
Pass	$	38,143	$	53,907	$	32,058	$	21,363	$	12,073	$	29,846	$	13,967	$	201,357
Special mention	565		451		—		1,167		—		730		250		3,163
Substandard	—		77		—		250		131		1,259		—		1,717
Total	$	38,708	$	54,435	$	32,058	$	22,780	$	12,204	$	31,835	$	14,217	$	206,237


													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
Hotels
Pass	$	1,283	$	47,491	$	81,289	$	32,956	$	3,206	$	158,679	$	301	$	325,205
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		3,991		25,733		—		29,724
Total	$	1,283	$	47,491	$	81,289	$	32,956	$	7,197	$	184,412	$	301	$	354,929
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
Hotels
Pass	$	47,739	$	82,200	$	33,560	$	3,327	$	58,384	$	101,740	$	305	$	327,255
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		4,020		23,604		2,263		—		29,887
Total	$	47,739	$	82,200	$	33,560	$	7,347	$	81,988	$	104,003	$	305	$	357,142



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
Multi-family
Pass	$	719	$	7,177	$	20,881	$	27,328	$	63,118	$	66,753	$	579	$	186,555
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Total	$	719	$	7,177	$	20,881	$	27,328	$	63,118	$	66,753	$	579	$	186,555
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
Multi-family
Pass	$	6,925	$	21,320	$	28,268	$	63,750	$	38,007	$	29,814	$	1,081	$	189,165
Special mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Total	$	6,925	$	21,320	$	28,268	$	63,750	$	38,007	$	29,814	$	1,081	$	189,165






													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
Non Residential Non-Owner Occupied
Pass	$	7,100	$	117,981	$	117,295	$	97,393	$	56,351	$	228,071	$	27,051	$	651,242
Special mention	—		—		—		99		655		24,730		—		25,484
Substandard	—		—		—		144		2,217		3,522		—		5,883
Total	$	7,100	$	117,981	$	117,295	$	97,636	$	59,223	$	256,323	$	27,051	$	682,609
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
Non Residential Non-Owner Occupied
Pass	$	117,515	$	119,382	$	99,210	$	59,083	$	64,332	$	156,941	$	32,111	$	648,574
Special mention	—		—		102		731		165		24,747		—		25,745
Substandard	—		—		145		2,395		79		3,652		—		6,271
Total	$	117,515	$	119,382	$	99,457	$	62,209	$	64,576	$	185,340	$	32,111	$	680,590



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
Non Residential Owner Occupied
Pass	$	4,098	$	42,164	$	30,613	$	40,609	$	16,334	$	71,192	$	2,673	$	207,683
Special mention	—		—		—		153		—		3,216		86		3,455
Substandard	—		3,890		887		1,984		1,179		12,998		364		21,302
Total	$	4,098	$	46,054	$	31,500	$	42,746	$	17,513	$	87,406	$	3,123	$	232,440
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
Non Residential Owner Occupied
Pass	$	41,481	$	34,320	$	42,203	$	16,990	$	21,772	$	52,363	$	6,060	$	215,189
Special mention	—		—		164		—		2,880		431		188		3,663
Substandard	3,957		909		2,010		1,212		1,335		11,792		261		21,476
Total	$	45,438	$	35,229	$	44,377	$	18,202	$	25,987	$	64,586	$	6,509	$	240,328


													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Commercial real estate -
Total
Pass	$	20,265	$	252,016	$	302,297	$	229,059	$	159,269	$	563,667	$	42,045	$	1,568,618
Special mention	—		559		436		252		1,574		28,594		334		31,749
Substandard	—		3,890		962		2,128		7,634		43,566		364		58,544
Total	$	20,265	$	256,465	$	303,695	$	231,439	$	168,477	$	635,827	$	42,743	$	1,658,911
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	31	$	—	$	31


													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Commercial real estate -
Total
Pass	$	251,802	$	311,129	$	235,298	$	164,514	$	194,569	$	370,704	$	53,522	$	1,581,538
Special mention	565		451		266		1,898		3,045		25,909		438		32,572
Substandard	3,957		986		2,155		7,877		25,148		18,968		261		59,352
Total	$	256,324	$	312,566	$	237,719	$	174,289	$	222,762	$	415,581	$	54,221	$	1,673,462


													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Residential real estate
Performing	$	41,448	$	228,544	$	384,545	$	307,583	$	243,604	$	505,442	$	72,281	$	1,783,447
Non-performing	—		—		137		183		360		2,072		565		3,317
Total	$	41,448	$	228,544	$	384,682	$	307,766	$	243,964	$	507,514	$	72,846	$	1,786,764
YTD Gross Charge-offs	$	—	$	—	$	18	$	—	$	—	$	1	$	—	$	19

													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Residential real estate
Performing	$	234,802	$	392,865	$	314,617	$	250,030	$	109,736	$	410,925	$	72,324	$	1,785,299
Non-performing	$	161	$	119	$	183	$	26	$	713	$	1,349	$	299	$	2,850
Total	$	234,963	$	392,984	$	314,800	$	250,056	$	110,449	$	412,274	$	72,623	$	1,788,149



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Home equity
Performing	$	6,265	$	28,636	$	13,355	$	5,874	$	3,521	$	7,507	$	105,878	$	171,036
Non-performing	—		—		—		—		14		—		242		256
Total	$	6,265	$	28,636	$	13,355	$	5,874	$	3,535	$	7,507	$	106,120	$	171,292
YTD Gross Charge-offs	$	—	$	—	$	—	$	—	$	—	$	19	$	8	$	27



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
December 31, 2023	2023		2022		2021		2020		2019		Prior		Cost Basis		Total
Home equity
Performing	$	29,611	$	13,921	$	6,218	$	3,826	$	2,510	$	5,108	$	105,896	$	167,090
Non-performing	—		—		—		14		—		—		97		111
Total	$	29,611	$	13,921	$	6,218	$	3,840	$	2,510	$	5,108	$	105,993	$	167,201



													Revolving
	Term Loans												Loans
	Amortized Cost Basis by Origination Year and Risk Level												Amortized
March 31, 2024	2024		2023		2022		2021		2020		Prior		Cost Basis		Total
Consumer
Performing	$	6,125	$	29,723	$	15,947	$	3,920	$	2,699	$	3,029	$	2,113	$	63,556
Non-performing	—		—		—		—		—		—		—		—
Total	$	6,125	$	29,723	$	15,947	$	3,920	$	2,699	$	3,029	$	2,113	$	63,556
YTD Gross Charge-offs	$	—	$	14	$	29	$	—	$	—	$	71	$	1	$	115