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Loans and Allowance for Credit Losses on Loans (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Composition of Loan Portfolio, Excluding Residential Loans Held for Sale
The composition of the Company’s loan portfolio, excluding residential loans held for sale, was as follows for the dates indicated:
December 31,
(In thousands)20222021
Commercial Loans:
Commercial real estate - non-owner-occupied$1,292,443 $1,178,185 
Commercial real estate - owner-occupied332,494 317,275 
Commercial429,499 363,695 
SBA PPP632 35,953 
Total commercial loans2,055,068 1,895,108 
Retail Loans:
Residential real estate1,700,266 1,306,447 
Home equity234,428 210,403 
Consumer20,591 19,516 
Total retail loans1,955,285 1,536,366 
Total loans$4,010,353 $3,431,474 
Schedule of Loan Balances for Each Portfolio Segment
The loan balances for each portfolio segment presented above are net of their respective net unamortized fair value mark discount on acquired loans and net unamortized loan origination costs for the dates indicated:
December 31,
(In thousands)20222021
Net unamortized fair value mark discount on acquired loans$(313)$(593)
Net unamortized loan origination costs(1)
6,890 3,110 
Total$6,577 $2,517 
(1)     Net unamortized loan origination costs includes unrecognized origination fees for SBA PPP loans of $16,000 and $1.2 million as of December 31, 2022 and 2021, respectively.
Activity in Allowance for Loan Losses by Portfolio Segment The following table presents the activity in the ACL on loans, as reported under CECL, for the periods indicated:
Commercial Real Estate
(In thousands)Non-Owner-OccupiedOwner- OccupiedCommercialSBA PPPResidential Real EstateHome EquityConsumerTotal
At or For the Year Ended December 31, 2022
Beginning balance, December 31, 2021$18,834 $2,539 $4,183 $19 $6,133 $1,469 $79 $33,256 
Loans charged-off— — (1,042)— (66)— (134)(1,242)
Recoveries3 2 379 — — 87 7 478 
(Credit) provision for loan losses(1,541)(179)1,925 (18)3,022 669 552 4,430 
Ending balance, December 31, 2022$17,296 $2,362 $5,445 $1 $9,089 $2,225 $504 $36,922 
At or For the Year Ended December 31, 2021
Beginning balance, December 31, 2020$21,778 $2,832 $6,703 $69 $3,474 $2,616 $393 $37,865 
Loans charged-off— — (799)— (92)(162)(111)(1,164)
Recoveries— 9 220 — 107 4 32 372 
(Credit) provision for loan losses(2,944)(302)(1,941)(50)2,644 (989)(235)(3,817)
Ending balance, December 31, 2021$18,834 $2,539 $4,183 $19 $6,133 $1,469 $79 $33,256 
Credit Risk Exposure Indicators by Portfolio Segment Based on the most recent analysis performed, the risk category of loans by portfolio segment by vintage, reported under the CECL methodology, was as follows as of the periods indicated:
(In thousands)20222021202020192018PriorRevolving Loans
Amortized Cost Basis		Revolving Loans
Converted to Term		Total
As of December 31, 2022
Commercial real estate - non-owner-occupied      
Risk rating
Pass (Grades 1-6)$339,171 $287,749 $160,621 $125,029 $108,823 $242,024 $— $— $1,263,417 
Special mention (Grade 7)— 167 364 259 75 321 — — 1,186 
Substandard (Grade 8)— 127 1,306 203 7,798 18,406 — — 27,840 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial real estate - non-owner-occupied339,171 288,043 162,291 125,491 116,696 260,751 — — 1,292,443 
Commercial real estate - owner-occupied 
Risk rating
Pass (Grades 1-6)60,127 80,781 28,378 23,381 39,554 70,568 — — 302,789 
Special mention (Grade 7)— 2,053 — 19,992 — 411 — — 22,456 
Substandard (Grade 8)17 — — — 3,266 3,966 — — 7,249 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial real estate - owner-occupied60,144 82,834 28,378 43,373 42,820 74,945 — — 332,494 
Commercial
 
Risk rating
Pass (Grades 1-6)73,537 69,478 32,272 33,491 22,271 26,245 135,157 30,191 422,642 
Special mention (Grade 7)— — 93 141 70 189 1,196 12 1,701 
Substandard (Grade 8)149 52 133 216 846 1,524 50 2,186 5,156 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial73,686 69,530 32,498 33,848 23,187 27,958 136,403 32,389 429,499 
SBA PPP
Risk rating
Pass (Grades 1-6)— 632 — — — — — — 632 
Special mention (Grade 7)— — — — — — — — — 
Substandard (Grade 8)— — — — — — — — — 
Doubtful (Grade 9)— — — — — — — — — 
Total SBA PPP— 632 — — — — — — 632 
Residential Real Estate  
Risk rating
Pass (Grades 1-6)533,035 579,216 244,691 79,492 50,214 210,262 340 — 1,697,250 
Special mention (Grade 7)— — — — — 23 — — 23 
Substandard (Grade 8)— — — — 163 2,830 — — 2,993 
Doubtful (Grade 9)— — — — — — — — — 
Total residential real estate533,035 579,216 244,691 79,492 50,377 213,115 340 — 1,700,266 
Home equity
  
Risk rating
Performing26,712 693 341 4,842 7,730 8,551 173,338 11,735 233,942 
Non-performing— — — — — 27 377 82 486 
Total home equity
26,712 693 341 4,842 7,730 8,578 173,715 11,817 234,428 
Consumer
  
Risk rating
Performing8,009 3,816 1,702 1,188 345 2,462 3,069 — 20,591 
Non-performing— — — — — — — — — 
Total consumer
8,009 3,816 1,702 1,188 345 2,462 3,069 — 20,591 
Total Loans$1,040,757 $1,024,764 $469,901 $288,234 $241,155 $587,809 $313,527 $44,206 $4,010,353 
(In thousands)20212020201920182017PriorRevolving Loans
Amortized Cost Basis		Revolving Loans
Converted to Term		Total
As of December 31, 2021
Commercial real estate - non-owner-occupied      
Risk rating
Pass (Grades 1-6)$286,428 $179,565 $161,695 $118,196 $96,169 $274,731 $— $— $1,116,784 
Special mention (Grade 7)171 7,266 286 119 4,294 10,590 — — 22,726 
Substandard (Grade 8)350 1,518 217 9,942 391 26,257 — — 38,675 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial real estate - non-owner-occupied286,949 188,349 162,198 128,257 100,854 311,578 — — 1,178,185 
Commercial real estate - owner-occupied      
Risk rating
Pass (Grades 1-6)91,328 39,082 31,409 43,786 46,466 56,682 — — 308,753 
Special mention (Grade 7)— — — 3,396 362 1,708 — — 5,466 
Substandard (Grade 8)— — 54 — 1,785 1,217 — — 3,056 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial real estate - owner-occupied91,328 39,082 31,463 47,182 48,613 59,607 — — 317,275 
Commercial      
Risk rating
Pass (Grades 1-6)91,102 43,757 44,925 23,895 13,818 27,743 80,775 31,586 357,601 
Special mention (Grade 7)145 117 590 115 383 222 967 244 2,783 
Substandard (Grade 8)— 339 320 492 293 1,209 360 298 3,311 
Doubtful (Grade 9)— — — — — — — — — 
Total commercial91,247 44,213 45,835 24,502 14,494 29,174 82,102 32,128 363,695 
SBA PPP
Risk rating
Pass (Grades 1-6)35,164 319 — — — — — — 35,483 
Special mention (Grade 7)470 — — — — — — — 470 
Substandard (Grade 8)— — — — — — — — — 
Doubtful (Grade 9)— — — — — — — — — 
Total SBA PPP35,634 319 — — — — — — 35,953 
Residential Real Estate      
Risk rating
Pass (Grades 1-6)586,637 281,804 103,228 63,403 46,696 219,983 903 — 1,302,654 
Special mention (Grade 7)— — — — — 230 — — 230 
Substandard (Grade 8)— — — — — 3,563 — — 3,563 
Doubtful (Grade 9)— — — — — — — — — 
Total residential real estate586,637 281,804 103,228 63,403 46,696 223,776 903 — 1,306,447 
Home equity      
Risk rating
Performing760 554 6,179 10,995 2,464 10,792 165,189 12,295 209,228 
Non-performing— — — 41 — 174 847 113 1,175 
Total home equity760 554 6,179 11,036 2,464 10,966 166,036 12,408 210,403 
Consumer      
Risk rating
Performing6,860 3,523 3,089 1,051 548 2,014 2,399 — 19,484 
Non-performing— 9 21 — — 2 — — 32 
Total consumer6,860 3,532 3,110 1,051 548 2,016 2,399 — 19,516 
Total Loans$1,099,415 $557,853 $352,013 $275,431 $213,669 $637,117 $251,440 $44,536 $3,431,474 
Loan Aging Analysis by Portfolio Segment (Including Loans Past Due Over Ninety Days and Non Accrual Loans) and Summary of Non Accrual Loans, Which Include Troubled Debt Restructured Loans, and Loans Past Due Over Ninety Days and Accruing
The following is a loan aging analysis by portfolio segment (including loans past due over 90 days and non-accrual loans) and loans past due over 90 days and accruing as of the following dates:
(In thousands)30 – 59 Days Past Due60 – 89 Days Past Due90 Days or Greater Past DueTotal Past DueCurrentTotal Loans OutstandingLoans > 90 Days Past Due and Accruing
December 31, 2022:
Commercial real estate - non-owner-occupied$267 $— $11 $278 $1,292,165 $1,292,443 $— 
Commercial real estate - owner-occupied55 — 47 102 332,392 332,494 — 
Commercial667 67 640 1,374 428,125 429,499 — 
SBA PPP— 67 — 67 565 632 — 
Residential real estate852 186 524 1,562 1,698,704 1,700,266 — 
Home equity357 — 171 528 233,900 234,428 — 
Consumer23 11 — 34 20,557 20,591 — 
Total$2,221 $331 $1,393 $3,945 $4,006,408 $4,010,353 $— 
December 31, 2021:
Commercial real estate - non-owner-occupied$— $— $51 $51 $1,178,134 $1,178,185 $— 
Commercial real estate - owner-occupied47 — 133 180 317,095 317,275 — 
Commercial282 174 787 1,243 362,452 363,695 — 
SBA PPP— 68 — 68 35,885 35,953 — 
Residential real estate379 475 1,210 2,064 1,304,383 1,306,447 — 
Home equity456 50 445 951 209,452 210,403 — 
Consumer95 1 32 128 19,388 19,516 — 
Total$1,259 $768 $2,658 $4,685 $3,426,789 $3,431,474 $— 
Financing Receivable, Nonaccrual
The following table presents the amortized cost basis of loans on non-accrual status (including non-accruing TDRs) by portfolio segment as of the dates indicated:
December 31,
20222021
(In thousands)Non-Accrual Loans With an AllowanceNon-Accrual Loans Without an AllowanceTotal Non-Accrual LoansNon-Accrual Loans With an AllowanceNon-Accrual Loans Without an AllowanceTotal Non-Accrual Loans
Commercial real estate - non-owner-occupied$— $11 $11 $38 $13 $51 
Commercial real estate - owner-occupied— 46 46 86 47 133 
Commercial415 300 715 785 44 829 
Residential real estate1,314 419 1,733 1,780 327 2,107 
Home equity421 65 486 1,064 111 1,175 
Consumer— — — 32 — 32 
Total$2,150 $841 $2,991 $3,785 $542 $4,327 

The following table presents the amortized cost basis of collateral-dependent non-accrual loans (including non-accruing TDRs) by portfolio segment and collateral type, as of the date indicated:
December 31,
2022		December 31,
2021
Collateral TypeTotal Collateral -Dependent Non-Accrual LoansCollateral TypeTotal Collateral -Dependent Non-Accrual Loans
(In thousands)Real Estate Real Estate
Residential real estate$387 $387 $268 $268 
Home equity— — 111 111 
Total$387 $387 $379 $379 
Troubled Debt Restructuring and Specific Reserve Related to TDRs The following is a summary of TDRs, by portfolio segment, and the associated specific reserve included within the ACL for the dates indicated:
Number of ContractsRecorded InvestmentSpecific Reserve
(In thousands, except number of contracts)December 31,December 31,December 31,
202220212022202120222021
Commercial real estate - owner-occupied1 1 $113 $118 $50 $43 
Commercial— 2 — 74 — — 
Residential real estate18 19 2,208 2,341 307 348 
Consumer and home equity3 3 245 253 9 6 
Total22 25 $2,566 $2,786 $366 $397 
Summary of All Troubled Debt Restructuring Loans (Accruing and Non Accruing) by Portfolio Segment
The following represents loan modifications that qualify as TDRs that occurred during the periods indicated:

Number of ContractsPre-Modification
Outstanding
Recorded Investment		Post-Modification
Outstanding
Recorded Investment		Specific Reserve
(In thousands, except number of contracts)For the Year Ended December 31,For the Year Ended December 31,For the Year Ended December 31,For the Year Ended December 31,
202220212020202220212020202220212020202220212020
Home Equity
Interest rate concession and payment deferral— 1 — $— $159 $— $— $170 $— $— $— $— 
Maturity concession1 2 — 69 187 — 96 187 — — 6 — 
Total1 3 — $69 $346 $— $96 $357 $— $— $6 $—