INDEPENDENT BANK CORP /MI/, 10-Q filed on 11/5/2025
Quarterly Report
v3.25.3
Cover Page - shares
 9 Months Ended
Sep. 30, 2025
Nov. 04, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Period End Date Sep. 30, 2025  
Entity File Number 0-7818  
Entity Registrant Name INDEPENDENT BANK CORPORATION  
Entity Incorporation, State or Country Code MI  
Entity Tax Identification Number 38-2032782  
Entity Address, Address Line One 4200 East Beltline  
Entity Address, City or Town Grand Rapids  
Entity Address, State or Province MI  
Entity Address, Postal Zip Code 49525  
City Area Code 616  
Local Phone Number 527-5820  
Title of 12(b) Security Common stock, no par value  
Trading Symbol IBCP  
Security Exchange Name NASDAQ  
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 (in shares)   20,691,952
Current Fiscal Year End Date --12-31  
Document Fiscal Period Focus Q3  
Document Fiscal Year Focus 2025  
Entity Central Index Key 0000039311  
Amendment Flag false  
Document Quarterly Report true  
Document Transition Report false  
v3.25.3
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 56,378 $ 56,984
Interest bearing deposits 152,308 62,898
Cash and Cash Equivalents 208,686 119,882
Securities available for sale 502,583 559,182
Securities held to maturity (fair value of $293,242 at September 30, 2025 and $301,860 at December 31, 2024 ) 321,450 339,436
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 18,102 16,099
Loans held for sale, carried at fair value 11,654 7,643
Loans    
Financing receivable, before allowance for credit loss 4,198,283 4,038,825
Allowance for credit losses (62,459) (59,379)
Net Loans 4,135,824 3,979,446
Other real estate and repossessed assets, net 589 938
Property and equipment, net 38,805 37,492
Bank-owned life insurance 53,875 53,855
Capitalized mortgage loan servicing rights, carried at fair value 31,522 46,796
Other intangibles, net 1,123 1,488
Goodwill 28,300 28,300
Accrued income and other assets 140,600 147,547
Total Assets 5,493,113 5,338,104
Deposits    
Non-interest bearing 1,003,521 1,013,647
Savings and interest-bearing checking 2,040,462 1,995,314
Reciprocal 981,115 907,031
Time 660,815 628,285
Brokered time 173,242 109,811
Total Deposits 4,859,155 4,654,088
Other borrowings 2,006 45,009
Subordinated debt 0 39,586
Subordinated debentures 39,847 39,796
Accrued expenses and other liabilities 101,363 104,939
Total Liabilities 5,002,371 4,883,418
Commitments and contingent liabilities
Shareholders’ Equity    
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding 0 0
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 20,691,604 shares at September 30, 2025 and 20,895,714 shares at December 31, 2024 311,770 318,777
Retained earnings 239,602 205,853
Accumulated other comprehensive loss (60,630) (69,944)
Total Shareholders’ Equity 490,742 454,686
Total Liabilities and Shareholders’ Equity 5,493,113 5,338,104
Commercial    
Loans    
Financing receivable, before allowance for credit loss 2,125,053 1,937,364
Allowance for credit losses (28,484) (22,872)
Mortgage    
Loans    
Financing receivable, before allowance for credit loss 1,517,656 1,516,726
Allowance for credit losses (20,546) (22,317)
Installment    
Loans    
Financing receivable, before allowance for credit loss 555,574 584,735
Allowance for credit losses $ (2,723) $ (3,040)
v3.25.3
Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Securities held-to-maturity, fair value $ 293,242 $ 301,860
Shareholders’ Equity    
Securities held-to-maturity, fair value $ 293,242 $ 301,860
Preferred stock, par value (in dollars per share) $ 0 $ 0
Preferred stock, shares authorized (in shares) 200,000 200,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, shares issued (in shares) 20,691,604 20,895,714
Common stock, shares outstanding (in shares) 20,691,604 20,895,714
v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest Income        
Interest and fees on loans $ 61,325 $ 58,410 $ 178,628 $ 170,239
Interest on securities        
Taxable 3,660 4,502 11,492 14,466
Tax-exempt 2,767 3,404 8,310 10,195
Other investments 1,538 2,018 3,882 4,898
Total Interest Income 69,290 68,334 202,312 199,798
Interest Expense        
Deposits 21,972 24,462 63,389 70,148
Other borrowings and subordinated debt and debentures 1,957 2,018 5,262 6,253
Total Interest Expense 23,929 26,480 68,651 76,401
Net Interest Income 45,361 41,854 133,661 123,397
Provision for credit losses 1,991 1,488 4,212 2,251
Net Interest Income After Provision for Credit Losses 43,370 40,366 129,449 121,146
Non-interest Income        
Interchange income 4,157 4,146 10,674 10,698
Service charges on deposit accounts 3,131 3,085 8,926 8,894
Net gains (losses) on assets        
Mortgage loans 1,474 2,177 5,408 4,874
Equity securities at fair value 0 (8) 0 2,685
Securities available for sale (36) (145) (355) (414)
Mortgage loan servicing, net 74 (3,130) (72) 1,686
Other 3,137 3,383 9,105 8,818
Total Non-interest Income 11,937 9,508 33,686 37,241
Non-interest Expense        
Compensation and employee benefits 21,125 20,048 62,631 62,069
Data processing 3,784 3,379 11,360 9,891
Occupancy, net 2,127 1,893 6,396 5,853
Interchange expense 1,180 1,149 3,476 3,373
Advertising 526 581 2,220 1,860
Furniture, fixtures and equipment 892 932 2,570 2,834
Loan and collection 618 657 2,148 1,868
FDIC deposit insurance 615 664 1,963 2,141
Communications 465 519 1,526 1,633
Legal and professional 682 687 1,661 1,717
Other 2,117 2,074 6,204 4,870
Total Non-interest Expense 34,131 32,583 102,155 98,109
Income Before Income Tax 21,176 17,291 60,980 60,278
Income tax expense 3,674 3,481 11,011 11,949
Net Income $ 17,502 $ 13,810 $ 49,969 $ 48,329
Net Income Per Common Share        
Basic (in dollars per share) $ 0.85 $ 0.66 $ 2.40 $ 2.31
Diluted (in dollars per share) $ 0.84 $ 0.65 $ 2.38 $ 2.29
v3.25.3
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 17,502 $ 13,810 $ 49,969 $ 48,329
Securities available for sale        
Unrealized gains arising during period 11,475 11,822 7,972 13,618
Accretion of net unrealized losses on securities transferred to held to maturity 777 818 2,405 2,493
Reclassification adjustments for losses included in earnings 36 145 355 414
Unrealized gains recognized in other comprehensive income on securities available for sale 12,288 12,785 10,732 16,525
Income tax expense 2,581 2,685 2,254 3,470
Unrealized gains recognized in other comprehensive income on securities available for sale, net of tax 9,707 10,100 8,478 13,055
Derivative instruments        
Unrealized gains (losses) arising during period (1,182) 2,744 (485) 52
Reclassification adjustment for expense recognized in earnings 610 390 1,543 1,005
Unrealized gains (losses) recognized in other comprehensive income on derivative instruments (572) 3,134 1,058 1,057
Income tax expense (benefit) (122) 658 222 222
Unrealized gains (losses) recognized in other comprehensive income on derivative instruments, net of tax (450) 2,476 836 835
Other comprehensive income 9,257 12,576 9,314 13,890
Comprehensive income $ 26,759 $ 26,386 $ 59,283 $ 62,219
v3.25.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Net income $ 49,969 $ 48,329
Adjustments to Reconcile Net Income to Net Cash From Operating Activities    
Proceeds from sales of equity securities at fair value 0 2,685
Proceeds from sales of loans held for sale 265,152 279,046
Disbursements for loans held for sale (263,956) (276,535)
Provision for credit losses 4,212 2,251
Deferred income tax benefit (2,600) (150)
Net deferred loan fees 820 149
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans 7,518 7,522
Net gains on mortgage loans (5,408) (4,874)
Net gains on equity securities at fair value 0 (2,685)
Net losses on sales of securities available for sale 355 414
Share based compensation 1,968 1,744
(Increase) decrease in accrued income and other assets 16,520 (2,437)
Decrease in accrued expenses and other liabilities (5,682) (8,677)
Total Adjustments 18,899 (1,547)
Net Cash From Operating Activities 68,868 46,782
Cash Flow Used in Investing Activities    
Proceeds from the sale of securities available for sale 30,581 39,431
Proceeds from the sale of securities held to maturity previously charged off 0 1,125
Proceeds from maturities, prepayments and calls of securities available for sale 54,733 66,039
Proceeds from maturities, prepayments and calls of securities held to maturity 21,848 14,236
Purchases of securities held to maturity (2,000) (3,628)
Purchases of securities available for sale (17,957) 0
Purchases of Federal Home Loan Bank stock (3,212) 0
Proceeds from the redemption of Federal Home Loan Bank stock 1,209 722
Net increase in portfolio loans (loans originated, net of principal payments) (178,896) (163,731)
Proceeds from the sale of portfolio loans 20,222 14,807
Proceeds from bank-owned life insurance 861 889
Proceeds from the sale of other real estate and repossessed assets 735 822
Proceeds from the sale of property and equipment 0 299
Capital expenditures (5,057) (3,941)
Net Cash Used in Investing Activities (76,933) (32,930)
Cash Flow From (Used in) Financing Activities    
Net increase in total deposits 205,067 3,996
Net decrease in other borrowings (3) (26)
Proceeds from Federal Home Loan Bank Advances 232,000 0
Payments of Federal Home Loan Bank Advances (275,000) (50,000)
Repayment of subordinated debt (40,000) 0
Dividends paid (16,220) (15,032)
Repurchase of common stock (7,770) 0
Share based compensation withholding obligation (1,205) (1,011)
Net Cash From (Used in) Financing Activities 96,869 (62,073)
Net Increase in Cash and Cash Equivalents 88,804 (48,221)
Cash and Cash Equivalents at Beginning of Period 119,882 169,781
Cash and Cash Equivalents at End of Period 208,686 121,560
Cash paid during the period for    
Interest 68,515 78,720
Income taxes 11,650 11,400
Transfers to other real estate and repossessed assets 309 864
Right of use assets obtained in exchange for lease obligations $ 2,030 $ 2,354
v3.25.3
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Balances at beginning of period at Dec. 31, 2023 $ 404,449 $ 317,483 $ 159,108 $ (72,142)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 48,329   48,329  
Cash dividends declared (15,032)   (15,032)  
Share based compensation 1,744 1,744    
Share based compensation withholding obligation (1,011) (1,011)    
Other comprehensive income 13,890     13,890
Balances at end of period at Sep. 30, 2024 452,369 318,216 192,405 (58,252)
Balances at beginning of period at Jun. 30, 2024 430,459 317,676 183,611 (70,828)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 13,810   13,810  
Cash dividends declared (5,016)   (5,016)  
Share based compensation 574 574    
Share based compensation withholding obligation (34) (34)    
Other comprehensive income 12,576     12,576
Balances at end of period at Sep. 30, 2024 452,369 318,216 192,405 (58,252)
Balances at beginning of period at Dec. 31, 2024 454,686 318,777 205,853 (69,944)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 49,969   49,969  
Cash dividends declared (16,220)   (16,220)  
Repurchase of common stock (7,770) (7,770)    
Share based compensation 1,968 1,968    
Share based compensation withholding obligation (1,205) (1,205)    
Other comprehensive income 9,314     9,314
Balances at end of period at Sep. 30, 2025 490,742 311,770 239,602 (60,630)
Balances at beginning of period at Jun. 30, 2025 469,250 311,653 227,484 (69,887)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 17,502   17,502  
Cash dividends declared (5,384)   (5,384)  
Repurchase of common stock (413) (413)    
Share based compensation 571 571    
Share based compensation withholding obligation (41) (41)    
Other comprehensive income 9,257     9,257
Balances at end of period at Sep. 30, 2025 $ 490,742 $ 311,770 $ 239,602 $ (60,630)
v3.25.3
Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Stockholders' Equity [Abstract]        
Cash dividends declared (in dollars per share) $ 0.26 $ 0.24 $ 0.78 $ 0.72
Stock repurchased during period (in shares) 13,732   266,008  
Share based compensation (in shares) 0 0 94,600 102,324
Share-based compensation withholding obligation (in shares) 1,237 1,036 35,495 40,986
v3.25.3
Preparation of Financial Statements
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Preparation of Financial Statements Preparation of Financial Statements
The interim condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to those rules and regulations, although we believe that the disclosures made are adequate to make the information not misleading. The unaudited interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2024 included in our Annual Report on Form 10-K.
In our opinion, the accompanying unaudited interim condensed consolidated financial statements contain all the adjustments necessary to present fairly our consolidated financial condition as of September 30, 2025 and December 31, 2024, and the results of operations for the three and nine-month periods ended September 30, 2025 and 2024. The results of operations for the three and nine-month periods ended September 30, 2025, are not necessarily indicative of the results to be expected for the full year. Certain reclassifications have been made in the prior period interim condensed consolidated financial statements to conform to the current period presentation. Our critical accounting policies include the determination of the allowance for credit losses (“ACL”) and the valuation of capitalized mortgage loan servicing rights. Refer to our 2024 Annual Report on Form 10-K for a disclosure of our accounting policies.
v3.25.3
New Accounting Standards
 9 Months Ended
Sep. 30, 2025
Accounting Standards Update and Change in Accounting Principle [Abstract]  
New Accounting Standards New Accounting Standards
In December, 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This ASU also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. This ASU takes effect in annual reporting periods beginning after December 15, 2024, with early adoption permitted. The adoption of this ASU on January 1, 2025, did not have a material impact on our interim Condensed Consolidated Financial Statements.
In December, 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires public business entities to disaggregate certain expense captions into specific categories in disclosures within the footnotes to the consolidated financial statements. This ASU takes effect in annual reporting periods beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. We do not expect the adoption of this ASU to have a material impact on our interim Condensed Consolidated Financial Statements.
v3.25.3
Securities
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Securities Securities
Securities available for sale (“AFS”) consist of the following:
Amortized
Cost		Unrealized
GainsLossesFair Value
(In thousands)
September 30, 2025
U.S. agency$8,509 $1 $439 $8,071 
U.S. agency residential mortgage-backed85,014 117 6,935 78,196 
U.S. agency commercial mortgage-backed8,362 — 907 7,455 
Private label mortgage-backed44,358 262 2,684 41,936 
Other asset backed32,548 24 443 32,129 
Obligations of states and political subdivisions320,802 — 41,187 279,615 
Corporate56,080 11 1,891 54,200 
Trust preferred989 — 8 981 
Total$556,662 $415 $54,494 $502,583 
   
December 31, 2024   
U.S. agency$8,858 $1 $700 $8,159 
U.S. agency residential mortgage-backed80,589 47 9,499 71,137 
U.S. agency commercial mortgage-backed12,821 — 1,180 11,641 
Private label mortgage-backed74,268 263 4,496 70,035 
Other asset backed39,232 18 734 38,516 
Obligations of states and political subdivisions330,874 14 42,097 288,791 
Corporate73,960 — 4,039 69,921 
Trust preferred986 — 4 982 
Total$621,588 $343 $62,749 $559,182 
Securities held to maturity (“HTM”) consist of the following:
Carrying
Value		Transferred
Unrealized
Loss (1)		ACLAmortized
Cost		UnrealizedFair Value
GainsLosses
(In thousands)
September 30, 2025
U.S. agency$23,119 $1,280 $— $24,399 $— $3,929 $20,470 
U.S. agency residential mortgage-backed94,648 7,916 — 102,564 — 19,715 82,849 
U.S. agency commercial mortgage-backed3,926 76 — 4,002 — 261 3,741 
Private label mortgage-backed7,310 106 2 7,418 — 315 7,103 
Obligations of states and political subdivisions150,784 4,089 19 154,892 43 15,366 139,569 
Corporate40,706 260 67 41,033 — 2,523 38,510 
Trust preferred957 39 4 1,000 — — 1,000 
Total$321,450 $13,766 $92 $335,308 $43 $42,109 $293,242 
December 31, 2024
U.S. agency$24,150 $1,404 $— $25,554 $— $4,987 $20,567 
U.S. agency residential mortgage-backed100,700 8,669 — 109,369 — 24,631 84,738 
U.S. agency commercial mortgage-backed4,013 107 — 4,120 — 402 3,718 
Private label mortgage-backed7,350 190 1 7,541 — 551 6,990 
Obligations of states and political subdivisions156,305 5,262 17 161,584 28 19,461 142,151 
Corporate45,964 496 111 46,571 — 3,875 42,696 
Trust preferred954 43 3 1,000 — — 1,000 
Total$339,436 $16,171 $132 $355,739 $28 $53,907 $301,860 
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
Our investments' gross unrealized losses and fair values for securities AFS aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position follows:
Less Than Twelve MonthsTwelve Months or MoreTotal
Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
(In thousands)
September 30, 2025
U.S. agency$1,232 $7 $6,710 $432 $7,942 $439 
U.S. agency residential mortgage-backed6,395 11 50,236 6,924 56,631 6,935 
U.S. agency commercial mortgage-backed— — 7,456 907 7,456 907 
Private label mortgage-backed— — 40,298 2,684 40,298 2,684 
Other asset backed1,021 4 25,368 439 26,389 443 
Obligations of states and political subdivisions155 10 279,299 41,177 279,454 41,187 
Corporate— — 52,503 1,891 52,503 1,891 
Trust preferred— — 982 8 982 8 
Total$8,803 $32 $462,852 $54,462 $471,655 $54,494 
December 31, 2024
U.S. agency$324 $1 $7,565 $699 $7,889 $700 
U.S. agency residential mortgage-backed147 — 61,219 9,499 61,366 9,499 
U.S. agency commercial mortgage-backed— — 11,641 1,180 11,641 1,180 
Private label mortgage-backed2,551 8 66,411 4,488 68,962 4,496 
Other asset backed3,984 19 27,052 715 31,036 734 
Obligations of states and political subdivisions221 1 288,570 42,096 288,791 42,097 
Corporate1,473 23 68,448 4,016 69,921 4,039 
Trust preferred— — 982 4 982 4 
Total$8,700 $52 $531,888 $62,697 $540,588 $62,749 
Securities AFS in unrealized loss positions are evaluated quarterly for impairment related to credit losses. For securities AFS in an unrealized loss position, we first assess whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. No securities AFS met these two criteria during the periods presented. For securities AFS that do not meet this criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, adverse conditions specifically related to the security and the issuer and the impact of changes in market interest rates on the market value of the security, among other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an ACL is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of applicable taxes. No ACL for securities AFS was needed at September 30, 2025 and December 31, 2024. Accrued interest receivable on securities AFS totaled $3.1 million and $3.9
million at September 30, 2025 and December 31, 2024, respectively, and is excluded from the estimate of credit losses and is included in accrued income and other assets in the interim Condensed Consolidated Statements of Financial Condition.
U.S. agency, U.S. agency residential mortgage-backed and U.S. agency commercial mortgage-backed securities — at September 30, 2025, we had 29 U.S. agency, 88 U.S. agency residential mortgage-backed and 9 U.S. agency commercial mortgage-backed securities whose fair value is less than amortized cost. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major credit rating agencies, and have a long history of no credit losses. The unrealized losses are largely attributed to widening spreads to Treasury bonds and/or an increase in interest rates since acquisition.
Private label mortgage backed, other asset backed and corporate securities — at September 30, 2025, we had 50 private label mortgage backed, 37 other asset backed, and 58 corporate securities whose fair value is less than amortized cost. The unrealized losses are primarily due to credit spread widening and/or an increase in interest rates since acquisition.
Obligations of states and political subdivisions — at September 30, 2025, we had 290 municipal securities whose fair value is less than amortized cost. The unrealized losses are primarily due to an increase in interest rates since acquisition.
Trust preferred securities — at September 30, 2025, we had one trust preferred security whose fair value is less than amortized cost. This trust preferred security is a single issue security issued by a trust subsidiary of a bank holding company. The pricing of trust preferred securities has suffered from credit spread widening. This security is rated by a major rating agency as investment grade.
At September 30, 2025 management does not intend to liquidate any of the securities discussed above and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses.
We recorded no credit related charges in our interim Condensed Consolidated Statements of Operations related to securities AFS during the three and nine month periods ended September 30, 2025 and 2024, respectively.
The ACL on securities HTM is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. Securities HTM are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in our interim Condensed Consolidated Statements of Operations in provision for credit losses. We measure expected credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics, and consider historical credit loss information. Accrued interest receivable on securities HTM totaled $1.7 million at both September 30, 2025 and December 31, 2024, respectively and is excluded from the estimate of credit losses and is included in accrued income and other assets in the interim Condensed Consolidated Statements of Financial Condition. With regard to U.S. Government-sponsored agency and mortgage-backed securities (residential and commercial), all these securities are issued by a U.S. government-sponsored entity and have an implicit or explicit government guarantee; therefore, no allowance for credit losses has been recorded for these securities. With regard to obligations of states and political subdivisions, private label-mortgage-backed, corporate and trust preferred securities HTM, we consider (1) issuer bond ratings, (2) historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. Historical loss rates associated with securities having similar grades as those in our portfolio have been insignificant. During the first quarter of 2023, one corporate security (Signature Bank) defaulted resulting in a full charge-off. Subsequent to this security's charge-off, a portion of its fair value had recovered and was subsequently sold during the first quarter of 2024 for $1.1 million during which period we recorded that amount as a recovery to the ACL. Despite this lone security loss, the long-term historical loss rates associated with securities having similar grades as those in our portfolio have been insignificant. Furthermore, as of September 30, 2025 and December 31, 2024, there were no past due principal and interest payments associated with these securities. At those same dates an allowance for credit losses of $92,000 and $132,000, respectively was recorded on non U.S. agency securities HTM based on applying the long-term historical credit loss rate, as published by credit rating agencies, for similarly rated securities.
On a quarterly basis, we monitor the credit quality of securities HTM through the use of credit ratings. The carrying value of securities HTM aggregated by credit quality follow:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Carrying
Value
Total
(In thousands)
September 30, 2025
Credit rating:
AAA$7,310 $17,764 $— $— $25,074 
AA— 117,374 — — 117,374 
A— 1,886 5,003 — 6,889 
BBB— 443 30,751 — 31,194 
BB
— — 1,979 — 1,979 
Non-rated— 13,317 2,973 957 17,247 
Total$7,310 $150,784 $40,706 $957 $199,757 
December 31, 2024
Credit rating:
AAA$7,350 $34,973 $— $— $42,323 
AA— 101,112 — — 101,112 
A— 3,473 5,005 — 8,478 
BBB— 652 36,045 — 36,697 
BB— — 1,963 — 1,963 
Non-rated— 16,095 2,951 954 20,000 
Total$7,350 $156,305 $45,964 $954 $210,573 
An analysis of the allowance for credit losses by security HTM type for the three months ended September 30 follows:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Total
(In thousands)
2025
Balance at beginning of period$1 $17 $111 $4 $133 
Additions (deductions)   
Provision for credit losses1 2 (44)— (41)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$2 $19 $67 $4 $92 
2024
Balance at beginning of period$4 $31 $116 $4 $155 
Additions (deductions)
Provision for credit losses(3)(14)(5)— (22)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$1 $17 $111 $4 $133 
An analysis of the allowance for credit losses by security HTM type for the nine months ended September 30 follows:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Total
(In thousands)
2025
Balance at beginning of period$1 $17 $111 $3 $132 
Additions (deductions)
Provision for credit losses1 2 (44)1 (40)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$2 $19 $67 $4 $92 
2024
Balance at beginning of period$4 $33 $116 $4 $157 
Additions (deductions)
Provision for credit losses(3)(16)(1,130)— (1,149)
Recoveries credited to the allowance— — 1,125 — 1,125 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$1 $17 $111 $4 $133 

The amortized cost and fair value of securities AFS and securities HTM at September 30, 2025, by contractual maturity, follow:
Securities AFSSecurities HTM
Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
(In thousands)
Maturing within one year$24,490 $24,216 $13,117 $12,967 
Maturing after one year but within five years127,044 120,736 48,794 46,630 
Maturing after five years but within ten years42,007 38,417 91,368 82,613 
Maturing after ten years192,839 159,498 68,045 57,339 
386,380 342,867 221,324 199,549 
U.S. agency residential mortgage-backed85,014 78,196 102,564 82,849 
U.S. agency commercial mortgage-backed8,362 7,455 4,002 3,741 
Private label mortgage-backed44,358 41,936 7,418 7,103 
Other asset backed32,548 32,129 — — 
Total$556,662 $502,583 $335,308 $293,242 
The actual maturity may differ from the contractual maturity because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
Gains and losses realized on the sale of securities AFS are determined using the specific identification method and are recognized on a trade-date basis. A summary of proceeds from the sale of securities AFS and gains and losses for the nine month periods ending September 30, follows:
Realized
ProceedsGainsLosses
(In thousands)
2025$30,581 $37 $392 
202439,431 14 428 
During the second quarter of 2024 we acquired certain securities classified as equity securities at fair value consisting of Visa Inc. Class C common stock. These securities were all sold during the second and third quarters of 2024. During both the three and nine months ended September 30, 2024, we recognized gains (losses) on these equity securities of $(0.01) million and $2.7 million, respectively that are included in net gains on equity securities at fair value in the interim Condensed Consolidated Statements of Operations. We had no equity securities at fair value during the same periods in 2025. See note #13.
v3.25.3
Loans
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Loans Loans
We estimate the ACL based on relevant available information from both internal and external sources, including historical loss trends, current conditions and forecasts, specific analysis of individual loans, and other relevant and appropriate factors. The ACL process is designed to provide for expected future losses based on our reasonable and supportable (“R&S”) forecast as of the reporting date. Our ACL process is administered by our Risk Management group utilizing a third party software solution, with significant input and ultimate approval from our Executive Enterprise Risk Committee. Further, we have established a current expected credit loss ("CECL") Forecast Committee, which includes a cross discipline structure with membership from Executive Management, Risk Management, Credit Administration and Accounting, which approves ACL model assumptions each quarter. Our ACL is comprised of three principal elements: (i) specific analysis of individual loans identified during the review of the loan portfolio, (ii) pooled analysis of loans with similar risk characteristics based on historical experience, adjusted for current conditions, R&S forecasts, and expected prepayments, and (iii) additional allowances based on subjective factors, including local and general economic business factors and trends, portfolio concentrations and changes in the size and/or the general terms of the loan portfolio.
The first ACL element (specific allocations) includes loans that do not share similar risk characteristics and are evaluated on an individual basis. We will typically evaluate on an individual basis loans that are on nonaccrual; commercial loans that have been modified resulting in a concession, for which the borrower is experiencing financial difficulties, and which are considered loan modifications or with well defined weaknesses; and severely delinquent mortgage and installment loans. When we determine that foreclosure is probable or when repayment is expected to be provided substantially through the operation or sale of underlying collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for estimated selling costs. For loans evaluated on an individual basis that are not determined to be collateral dependent, a discounted cash flow analysis is performed to determine expected credit losses.
The second ACL element (pooled analysis) includes loans with similar risk characteristics, which are broken down by segment, class, and risk metric. The Bank’s primary segments of commercial, mortgage, and installment loans are further classified by other relevant attributes, such as collateral type, lien position, occupancy status, amortization method, and balance size. Commercial classes are additionally segmented by risk rating, and mortgage and installment loan classes by credit score tier, which are updated at least semi-annually.
We utilize a discounted cash flow (“DCF”) model to estimate expected future losses for pooled loans. Expected future cash flows are developed from payment schedules over the contractual term, adjusted for forecasted default (probability of default), loss, and prepayment assumptions. We are not required to develop forecasts over the full contractual term of the financial asset or group of financial assets. Rather, for periods beyond which we are able to make or obtain R&S forecasts of expected credit losses, we revert to the long term average on a straight line or immediate basis, as determined by our CECL Forecast Committee, and which may vary depending on the economic outlook and uncertainty.
The DCF model for the mortgage and installment pooled loan segments includes using probability of default (“PD”) assumptions that are derived through regression analysis with forecasted US unemployment levels by credit score tier. We review a composite forecast of approximately 50 analysts as well as the Federal Open Market Committee (“FOMC”) projections in setting the unemployment forecast for the R&S period. The current ACL utilizes a one year R&S forecast followed by immediate reversion to the 75 year average unemployment rate. PD assumptions for the remaining segments are based primarily on historical rates by risk metric as defaults were not strongly correlated with any economic indicator. Loss given default (“LGD”) assumptions for the mortgage loan segment are based on a two years forecast followed by a two year straight line reversion period to the longer term average, while LGD rates for the remaining segments are the historical average for the entire period. Prepayment assumptions represent average rates per segment for a period determined by the CECL Forecast Committee and as calculated through the Bank’s Asset and Liability Management program.
Pooled reserves for the commercial loan segment are calculated using the DCF model with assumptions generally based on historical averages by class and risk rating. Effective risk rating practices allow for strong predictability of defaults and losses over the portfolio’s expected shorter duration, relative to mortgage and installment loans. Our rating system is similar to those employed by state and federal banking regulators.
The third ACL element (additional allocations based on subjective factors) is based on factors that cannot be associated with a specific credit or loan category and reflects our attempt to ensure that the overall ACL appropriately reflects a margin for the imprecision necessarily inherent in the estimates of expected credit losses. We adjust our quantitative model for certain qualitative factors to reflect the extent to which management expects current conditions and R&S forecasts to differ from the conditions that existed for the period over which historical information was evaluated. The qualitative
framework reflects changes related to relevant data, such as changes in asset quality trends, portfolio growth and composition, national and local economic factors, credit policy and administration and other factors not considered in the base quantitative model. We utilize a survey completed by business unit management throughout the Bank, as well as discussion with the CECL Forecast Committee to establish reserves under the qualitative framework.
An analysis of the allowance for credit losses by portfolio segment for the three months ended September 30, follows:
Commercial Mortgage Installment Subjective
Allocation 		Total
(In thousands)
2025
Balance at beginning of period$25,890 $20,752 $3,015 $11,500 $61,157 
Additions (deductions)   
Provision for credit losses2,587 (231)470 (794)2,032 
Recoveries credited to the allowance7 35 431 — 473 
Loans charged against the allowance— (10)(1,193)— (1,203)
Balance at end of period$28,484 $20,546 $2,723 $10,706 $62,459 
2024
Balance at beginning of period$18,979 $20,731 $3,901 $12,630 $56,241 
Additions (deductions)  
Provision for credit losses1,082 (1,004)1,156 276 1,510 
Recoveries credited to the allowance101 131 479 — 711 
Loans charged against the allowance— (26)(992)— (1,018)
Balance at end of period$20,162 $19,832 $4,544 $12,906 $57,444 
An analysis of the ACL by portfolio segment for the nine months ended September 30, follows:
Commercial Mortgage Installment Subjective
Allocation 		Total
(In thousands)
2025
Balance at beginning of period$22,872 $22,317 $3,040 $11,150 $59,379 
Additions (deductions)    
Provision for credit losses5,617 (1,850)929 (444)4,252 
Recoveries credited to the allowance73 205 1,326 — 1,604 
Loans charged against the allowance(78)(126)(2,572)— (2,776)
Balance at end of period$28,484 $20,546 $2,723 $10,706 $62,459 
    
2024    
Balance at beginning of period$16,724 $21,386 $4,126 $12,422 $54,658 
Additions (deductions)    
Provision for credit losses3,199 (1,524)1,241 484 3,400 
Recoveries credited to the allowance239 270 1,597 — 2,106 
Loans charged against the allowance— (300)(2,420)— (2,720)
Balance at end of period$20,162 $19,832 $4,544 $12,906 $57,444 
Loans on non-accrual status and past due more than 90 days (“Non-performing Loans”) follow:
Non-
Accrual
with no
Allowance
for Credit
Loss		Non-
Accrual
with an
Allowance
for Credit
Loss		Total
Non-
Accrual		90+ and
Still
Accruing		Total Non-
Performing
Loans
(In thousands)
September 30, 2025
Commercial
Commercial and industrial (1)$— $— $— $— $— 
Commercial real estate— 13,825 13,825 — 13,825 
Mortgage
1-4 family owner occupied - jumbo1,480 — 1,480 — 1,480 
1-4 family owner occupied - non-jumbo (2)1,659 718 2,377 — 2,377 
1-4 family non-owner occupied139 93 232 — 232 
1-4 family - 2nd lien725 759 1,484 — 1,484 
Resort lending— 57 57 — 57 
Installment
Boat lending— 400 400 — 400 
Recreational vehicle lending— 288 288 — 288 
Other— 212 212 — 212 
Total
$4,003 $16,352 $20,355 $— $20,355 
Accrued interest excluded from total$— $— $— $— $— 
December 31, 2024
Commercial
Commercial and industrial (1)$— $49 $49 $— $49 
Commercial real estate— — — — — 
Mortgage
1-4 family owner occupied - jumbo1,480 — 1,480 — 1,480 
1-4 family owner occupied - non-jumbo (2)1,929 496 2,425 — 2,425 
1-4 family non-owner occupied— 157 157 — 157 
1-4 family - 2nd lien246 769 1,015 — 1,015 
Resort lending— 143 143 — 143 
Installment
Boat lending— 209 209 — 209 
Recreational vehicle lending— 377 377 — 377 
Other— 147 147 — 147 
Total$3,655 $2,347 $6,002 $— $6,002 
Accrued interest excluded from total$— $— $— $— $— 
(1)Non-performing commercial and industrial loans exclude zero and $0.005 million of government guaranteed loans at September 30, 2025 and December 31, 2024, respectively.
(2)Non-performing 1-4 family owner occupied – non jumbo loans exclude $2.243 million and $1.785 million of government guaranteed loans at September 30, 2025 and December 31, 2024, respectively.
The following table provides collateral information by class of loan for collateral-dependent loans with specific allocations of the ACL. A loan is considered to be collateral dependent when the borrower is experiencing financial difficulty and the repayment is expected to be provided substantially through the operation or sale of collateral.
The amortized cost of collateral-dependent loans by class follows:
Collateral TypeAllowance
for
Credit Losses
Real
Estate
Other (1)
(In thousands)
September 30, 2025
Commercial
Commercial and industrial$687 $9,180 $1,481 
Commercial real estate15,012 — 3,459 
Mortgage   
1-4 family owner occupied - jumbo1,480 — — 
1-4 family owner occupied - non-jumbo2,688 — 366 
1-4 family non-owner occupied154 — 5 
1-4 family - 2nd lien1,032 — 109 
Resort lending57 — 20 
Installment
Boat lending— 318 113 
Recreational vehicle lending— 215 76 
Other— 88 31 
Total$21,110 $9,801 $5,660 
Accrued interest excluded from total$8 $56  
December 31, 2024
Commercial
Commercial and industrial$686 $5,166 $1,647 
Commercial real estate817 — 3 
Mortgage
1-4 family owner occupied - jumbo1,480 — — 
1-4 family owner occupied - non-jumbo2,903 — 347 
1-4 family non-owner occupied— — — 
1-4 family - 2nd lien510 — 94 
Resort lending143 — 51 
Installment
Boat lending— 87 31 
Recreational vehicle lending— 266 94 
Other— 92 33 
Total$6,539 $5,611 $2,300 
Accrued interest excluded from total$5 $34  
(1) Commercial and industrial loan collateral generally includes machinery and equipment, accounts receivable, and inventory.
An aging analysis of loans by class follows:
Loans Past DueLoans not
Past Due		Total
Loans
30-59 days60-89 days90+ daysTotal
(In thousands)
September 30, 2025
Commercial
Commercial and industrial$— $— $— $— $1,118,967 $1,118,967 
Commercial real estate— — — — 1,006,086 1,006,086 
Mortgage
1-4 family owner occupied - jumbo662 1,402 1,491 3,555 875,248 878,803 
1-4 family owner occupied - non-jumbo1,371 1,169 1,337 3,877 284,743 288,620 
1-4 family non-owner occupied61 36 140 237 169,001 169,238 
1-4 family - 2nd lien721 309 411 1,441 151,749 153,190 
Resort lending— 115 57 172 27,633 27,805 
Installment
Boat lending199 35 318 552 278,853 279,405 
Recreational vehicle lending627 251 192 1,070 199,274 200,344 
Other324 162 63 549 75,276 75,825 
Total$3,965 $3,479 $4,009 $11,453 $4,186,830 $4,198,283 
Accrued interest excluded from total$32 $36 $— $68 $14,089 $14,157 
December 31, 2024
Commercial
Commercial and industrial$78 $— $54 $132 $1,001,197 $1,001,329 
Commercial real estate— — — — 936,035 936,035 
Mortgage
1-4 family owner occupied - jumbo755 664 1,480 2,899 872,652 875,551 
1-4 family owner occupied - non-jumbo3,395 1,653 1,201 6,249 292,893 299,142 
1-4 family non-owner occupied329 — — 329 176,621 176,950 
1-4 family - 2nd lien648 66 345 1,059 132,888 133,947 
Resort lending— — 143 143 30,993 31,136 
Installment
Boat lending281 99 87 467 263,874 264,341 
Recreational vehicle lending622 395 190 1,207 223,330 224,537 
Other231 158 25 414 95,443 95,857 
Total$6,339 $3,035 $3,525 $12,899 $4,025,926 $4,038,825 
Accrued interest excluded from total$65 $44 $— $109 $13,352 $13,461 
During the three months ended September 30, 2025 there were no loans modified to a borrower experiencing financial difficulty.
During the nine months ended September 30, 2025 there were two mortgage - 1-4 family owner occupied - non-jumbo loans modified to borrowers experiencing financial difficulty totaling $0.10 million (0.1% of the total loan class). Both of the loan modifications to borrowers experiencing financial difficulty during the nine months ended September 30, 2025 related to term extensions and added a weighted average 12.0 years to the life of the loans. One of the loans modified during the nine months ended September 30, 2025 also received a 4.75% interest rate reduction. Both of the loans modified during the nine months ended September 30, 2025 were on non-accrual status.
During the three months ended September 30, 2024 there was one mortgage - 1-4 family owner occupied - non-jumbo loan modification to a borrower experiencing financial difficulty totaling $0.08 million (0.1% of the total loan class). The modification during the three months ended September 30, 2024 related to a term extension that added a weighted average 2.1 years to the life of the loan.
During the nine months ended September 30, 2024 there were five mortgage - 1-4 family owner occupied - non-jumbo loans, one mortgage 1-4 family - 2nd lien loan, and one installment - other loan modified to borrowers experiencing financial difficulty totaling $0.51 million (0.1% of the total loan class), $0.07 million (0.1% of the total loan class), and $0.01 million (0.1% of the total loan class), respectively. All of the loan modifications to borrowers experiencing financial difficulty during the nine months ended September 30, 2024 related to term extensions and added a weighted average 2.1 years to the life of the loans. All of the loans modified during the nine months ended September 30, 2024 were on non-accrual status.
As of September 30, 2025, none of the loans that were modified to borrowers experiencing financial difficulty within the past 12 months have subsequently defaulted.
A loan is generally considered to be in payment default once it is 90 days contractually past due under the modified terms for commercial loans and installment loans and when four consecutive payments are missed for mortgage loans.
In order to determine whether a borrower is experiencing financial difficulty, we perform an evaluation of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under our internal underwriting policy.
Credit Quality Indicators – As part of our on-going monitoring of the credit quality of our loan portfolios, we track certain credit quality indicators including (a) risk grade of commercial loans, (b) the level of classified commercial loans, (c) credit scores of mortgage and installment loan borrowers, and (d) delinquency history and non-performing loans.
For commercial loans, we use a loan rating system that is similar to those employed by state and federal banking regulators. Loans are graded on a scale of 1 to 12. A description of the general characteristics of the ratings follows:
Rating 1 through 6: These loans are generally referred to as our “non-watch” commercial credits that include very high or exceptional credit fundamentals through acceptable credit fundamentals.
Rating 7 and 8: These loans are generally referred to as our “watch” commercial credits. These ratings include loans to borrowers that exhibit potential credit weakness or downward trends. If not checked or cured these trends could weaken our asset or credit position. While potentially weak, no loss of principal or interest is envisioned with these ratings.
Rating 9: These loans are generally referred to as our “substandard accruing” commercial credits. This rating includes loans to borrowers that exhibit a well-defined weakness where payment default is probable and loss is possible if deficiencies are not corrected. Generally, loans with this rating are considered collectible as to both principal and interest primarily due to collateral coverage.
Rating 10 and 11: These loans are generally referred to as our ‘‘substandard - non-accrual’’ and ‘‘doubtful’’ commercial credits. These ratings include loans to borrowers with weaknesses that make collection of the loan in full, on the basis of current facts, conditions and values at best questionable and at worst improbable. All of these loans are placed in non-accrual.
Rating 12: These loans are generally referred to as our “loss” commercial credits. This rating includes loans to borrowers that are deemed incapable of repayment and are charged-off.
The following tables summarize loan ratings by loan class for our commercial portfolio loan segment at September 30, 2025 and December 31, 2024:
Commercial
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025
Commercial and industrial
Non-watch (1-6)$134,978 $193,874 $137,933 $115,430 $59,345 $151,690 $297,535 $1,090,785 
Watch (7-8)146 1,953 2,848 935 1,270 6,940 4,224 18,316 
Substandard Accrual (9)— 1,845 — — 881 290 6,850 9,866 
Non-Accrual (10-11)— — — — — — — — 
Total$135,124 $197,672 $140,781 $116,365 $61,496 $158,920 $308,609 $1,118,967 
Accrued interest excluded from total$376 $557 $465 $292 $143 $626 $1,198 $3,657 
Current period gross charge-offs$— $— $78 $— $— $— $— $78 
Commercial real estate
Non-watch (1-6)$133,658 $165,637 $171,323 $165,496 $70,317 $185,779 $59,315 $951,525 
Watch (7-8)8,232 1,317 8,096 16,588 — 4,967 346 39,546 
Substandard Accrual (9)— — 401 — 129 660 — 1,190 
Non-Accrual (10-11)— — 13,825 — — — — 13,825 
Total$141,890 $166,954 $193,645 $182,084 $70,446 $191,406 $59,661 $1,006,086 
Accrued interest excluded from total$454 $574 $520 $624 $146 $653 $224 $3,195 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Total Commercial
Non-watch (1-6)$268,636 $359,511 $309,256 $280,926 $129,662 $337,469 $356,850 $2,042,310 
Watch (7-8)8,378 3,270 10,944 17,523 1,270 11,907 4,570 57,862 
Substandard Accrual (9)— 1,845 401 — 1,010 950 6,850 11,056 
Non-Accrual (10-11)— — 13,825 — — — — 13,825 
Total$277,014 $364,626 $334,426 $298,449 $131,942 $350,326 $368,270 $2,125,053 
Accrued interest excluded from total$830 $1,131 $985 $916 $289 $1,279 $1,422 $6,852 
Current period gross charge-offs$— $— $78 $— $— $— $— $78 
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis 		Total
20242023202220212020Prior
(In thousands)
December 31, 2024
Commercial and industrial
Non-watch (1-6)$183,261 $137,270 $142,630 $71,225 $72,928 $106,086 $242,573 $955,973 
Watch (7-8)10,348 3,055 1,251 9,002 5,636 336 2,104 31,732 
Substandard Accrual (9)2,693 2,052 1,642 2,208 267 195 4,513 13,570 
Non-Accrual (10-11)— — — 47 — 7 — 54 
Total$196,302 $142,377 $145,523 $82,482 $78,831 $106,624 $249,190 $1,001,329 
Accrued interest excluded from total$612 $478 $361 $217 $342 $341 $959 $3,310 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Commercial real estate
Non-watch (1-6)$142,154 $236,390 $153,321 $75,053 $49,969 $166,966 $72,879 $896,732 
Watch (7-8)— — 16,007 — — 4,400 18,079 38,486 
Substandard Accrual (9)— — — 135 — 682 — 817 
Non-Accrual (10-11)— — — — — — — — 
Total$142,154 $236,390 $169,328 $75,188 $49,969 $172,048 $90,958 $936,035 
Accrued interest excluded from total$608 $632 $628 $166 $131 $658 $363 $3,186 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Total Commercial
Non-watch (1-6)$325,415 $373,660 $295,951 $146,278 $122,897 $273,052 $315,452 $1,852,705 
Watch (7-8)10,348 3,055 17,258 9,002 5,636 4,736 20,183 70,218 
Substandard Accrual (9)2,693 2,052 1,642 2,343 267 877 4,513 14,387 
Non-Accrual (10-11)— — — 47 — 7 — 54 
Total$338,456 $378,767 $314,851 $157,670 $128,800 $278,672 $340,148 $1,937,364 
Accrued interest excluded from total$1,220 $1,110 $989 $383 $473 $999 $1,322 $6,496 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
For each of our mortgage and installment portfolio segment classes, we generally monitor credit quality based on the credit scores of the borrowers. These credit scores are generally updated semi-annually.
The following tables summarize credit scores by loan class for our mortgage and installment loan portfolio segments at September 30, 2025 and December 31, 2024:
Mortgage (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025
1-4 family owner occupied - jumbo
800 and above$8,154 $5,850 $10,895 $39,616 $59,830 $31,923 $709 $156,977 
750-79929,151 34,883 33,679 89,609 184,279 81,095 1,148 453,844 
700-74914,630 16,074 13,007 40,329 54,308 31,822 2,494 172,664 
650-6995,056 4,115 7,639 15,332 14,096 18,197 — 64,435 
600-6491,129 746 3,569 6,936 1,574 4,604 — 18,558 
550-599— 871 995 2,626 1,677 2,068 — 8,237 
500-549— — — 681 725 1,959 — 3,365 
Under 500— — — — — 723 — 723 
Unknown— — — — — — — — 
Total$58,120 $62,539 $69,784 $195,129 $316,489 $172,391 $4,351 $878,803 
Accrued interest excluded from total$265 $307 $353 $595 $716 $460 $38 $2,734 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
1-4 family owner occupied - non-jumbo
800 and above$3,699 $1,312 $3,317 $12,283 $9,875 $15,521 $4,602 $50,609 
750-7996,470 7,607 11,573 29,361 21,473 28,383 14,934 119,801 
700-7491,585 4,490 5,653 9,416 8,829 26,194 4,289 60,456 
650-6991,822 1,647 939 4,979 2,583 14,992 1,536 28,498 
600-649468 — 214 1,743 1,844 6,257 207 10,733 
550-599— 295 492 579 1,239 6,780 55 9,440 
500-549— — — 739 263 5,714 129 6,845 
Under 500— 85 — 420 98 1,611 24 2,238 
Unknown— — — — — — — — 
Total$14,044 $15,436 $22,188 $59,520 $46,204 $105,452 $25,776 $288,620 
Accrued interest excluded from total$91 $123 $93 $193 $109 $395 $192 $1,196 
Current period gross charge-offs$— $— $— $19 $6 $5 $— $30 
1-4 family non-owner occupied
800 and above$2,006 $2,096 $2,684 $5,055 $11,718 $10,486 $546 $34,591 
750-7997,841 12,530 9,536 13,117 25,707 20,297 1,716 90,744 
700-7491,244 4,017 3,340 5,876 3,603 9,821 1,575 29,476 
650-6991,161 26 533 243 3,273 5,525 226 10,987 
600-649— — 33 60 451 1,461 57 2,062 
550-599— — — — 51 598 — 649 
500-549— — — 369 — 178 — 547 
Under 500— — — — — 182 — 182 
Unknown— — — — — — — — 
Total$12,252 $18,669 $16,126 $24,720 $44,803 $48,548 $4,120 $169,238 
Accrued interest excluded from total$54 $104 $80 $94 $118 $190 $29 $669 
Current period gross charge-offs$— $— $— $— $— $10 $— $10 
Mortgage - continued (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025 - continued
1-4 family - 2nd lien
800 and above$1,803 $219 $543 $661 $581 $2,067 $16,098 $21,972 
750-7992,787 3,044 2,646 1,710 2,914 3,637 54,000 70,738 
700-7491,148 1,406 1,078 1,731 648 2,258 29,196 37,465 
650-699387 198 446 418 387 1,706 11,339 14,881 
600-649— 40 230 22 345 582 2,266 3,485 
550-599— — 397 78 54 562 1,061 2,152 
500-549— — 84 163 231 1,068 438 1,984 
Under 500— — 297 — — 216 — 513 
Unknown— — — — — — — — 
Total$6,125 $4,907 $5,721 $4,783 $5,160 $12,096 $114,398 $153,190 
Accrued interest excluded from total$21 $18 $27 $18 $14 $41 $805 $944 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Resort lending
800 and above$— $— $23 $— $411 $3,326 $— $3,760 
750-799121 — — 604 471 12,767 — 13,963 
700-749— — — — — 4,391 — 4,391 
650-699— — — — 292 4,456 — 4,748 
600-649— — — — — 549 — 549 
550-599— — — — — 394 — 394 
500-549— — — — — — — — 
Under 500— — — — — — — — 
Unknown— — — — — — — — 
Total$121 $— $23 $604 $1,174 $25,883 $— $27,805 
Accrued interest excluded from total$1 $— $— $2 $3 $138 $— $144 
Current period gross charge-offs$— $— $— $— $— $86 $— $86 
Total Mortgage
800 and above$15,662 $9,477 $17,462 $57,615 $82,415 $63,323 $21,955 $267,909 
750-79946,370 58,064 57,434 134,401 234,844 146,179 71,798 749,090 
700-74918,607 25,987 23,078 57,352 67,388 74,486 37,554 304,452 
650-6998,426 5,986 9,557 20,972 20,631 44,876 13,101 123,549 
600-6491,597 786 4,046 8,761 4,214 13,453 2,530 35,387 
550-599— 1,166 1,884 3,283 3,021 10,402 1,116 20,872 
500-549— — 84 1,952 1,219 8,919 567 12,741 
Under 500— 85 297 420 98 2,732 24 3,656 
Unknown— — — — — — — — 
Total$90,662 $101,551 $113,842 $284,756 $413,830 $364,370 $148,645 $1,517,656 
Accrued interest excluded from total$432 $552 $553 $902 $960 $1,224 $1,064 $5,687 
Current period gross charge-offs$— $— $— $19 $6 $101 $— $126 
Mortgage (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20242023202220212020Prior
(In thousands)
December 31, 2024
1-4 family owner occupied - jumbo
800 and above$5,009 $12,192 $37,147 $51,242 $22,126 $14,291 $— $142,007 
750-79933,118 43,013 106,378 194,725 58,703 35,103 1,275 472,315 
700-74913,981 13,602 40,219 68,687 17,552 11,669 450 166,160 
650-6994,537 10,286 19,366 15,736 6,937 6,555 1,500 64,917 
600-649— 2,265 9,528 1,636 2,288 4,619 — 20,336 
550-599746 — 2,414 1,086 2,803 — — 7,049 
500-549— — — — 900 664 — 1,564 
Under 500— 485 — — — 718 — 1,203 
Unknown— — — — — — — — 
Total$57,391 $81,843 $215,052 $333,112 $111,309 $73,619 $3,225 $875,551 
Accrued interest excluded from total$264 $377 $634 $712 $264 $238 $31 $2,520 
Current period gross charge-offs$— $— $22 $— $— $— $— $22 
1-4 family owner occupied - non-jumbo
800 and above$1,919 $2,113 $14,018 $8,928 $3,089 $9,138 $4,066 $43,271 
750-79912,472 10,604 26,405 21,548 14,028 23,586 10,429 119,072 
700-7497,927 7,110 12,810 9,598 5,492 21,692 4,231 68,860 
650-6998,258 2,758 5,586 4,885 2,262 12,820 1,848 38,417 
600-649682 126 1,001 762 2,459 6,757 180 11,967 
550-599— 213 365 794 996 3,438 40 5,846 
500-54987 — 1,523 948 278 5,780 — 8,616 
Under 500— — — 98 652 2,343 — 3,093 
Unknown— — — — — — — — 
Total$31,345 $22,924 $61,708 $47,561 $29,256 $85,554 $20,794 $299,142 
Accrued interest excluded from total$105 $139 $195 $113 $77 $368 $163 $1,160 
Current period gross charge-offs$— $— $— $23 $— $22 $— $45 
1-4 family non-owner occupied
800 and above$4,122 $1,557 $7,468 $12,757 $4,204 $6,975 $897 $37,980 
750-79911,433 12,831 15,929 25,543 9,920 16,439 2,539 94,634 
700-7493,372 3,218 6,289 6,401 1,308 6,131 2,072 28,791 
650-6991,016 431 297 4,115 2,552 3,560 332 12,303 
600-649— — — — 410 930 108 1,448 
550-599— 38 — — — 919 — 957 
500-549— — 369 51 — 221 — 641 
Under 500— — — — — 196 — 196 
Unknown— — — — — — — — 
Total$19,943 $18,075 $30,352 $48,867 $18,394 $35,371 $5,948 $176,950 
Accrued interest excluded from total$84 $85 $119 $134 $48 $166 $44 $680 
Current period gross charge-offs$— $— $— $— $— $158 $— $158 
Mortgage - continued (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20242023202220212020Prior
(In thousands)
December 31, 2024 - (continued)
1-4 family - 2nd lien
800 and above$751 $249 $219 $185 $1,161 $859 $12,245 $15,669 
750-7993,209 2,717 2,290 3,065 1,604 3,825 44,896 61,606 
700-7491,358 942 1,898 1,239 932 2,123 26,687 35,179 
650-699268 450 655 313 251 1,385 10,979 14,301 
600-649— 39 204 197 328 769 2,084 3,621 
550-599— 297 37 51 — 357 512 1,254 
500-549— 59 101 95 — 768 919 1,942 
Under 500— — 20 — — 350 5 375 
Unknown— — — — — — — — 
Total$5,586 $4,753 $5,424 $5,145 $4,276 $10,436 $98,327 $133,947 
Accrued interest excluded from total$19 $23 $18 $11 $13 $42 $720 $846 
Current period gross charge-offs$— $— $— $— $— $3 $22 $25 
Resort lending
800 and above$— $— $— $534 $— $4,079 $— $4,613 
750-799— 39 639 740 724 12,845 — 14,987 
700-749— — 268 — 212 4,851 — 5,331 
650-699— — — — 354 4,622 — 4,976 
600-649— — — — — 1,051 — 1,051 
550-599— — — — — 92 — 92 
500-549— — — — — 86 — 86 
Under 500— — — — — — — — 
Unknown— — — — — — — — 
Total$— $39 $907 $1,274 $1,290 $27,626 $— $31,136 
Accrued interest excluded from total$— $— $4 $3 $4 $140 $— $151 
Current period gross charge-offs$— $— $— $— $— $50 $— $50 
Total Mortgage
800 and above$11,801 $16,111 $58,852 $73,646 $30,580 $35,342 $17,208 $243,540 
750-79960,232 69,204 151,641 245,621 84,979 91,798 59,139 762,614 
700-74926,638 24,872 61,484 85,925 25,496 46,466 33,440 304,321 
650-69914,079 13,925 25,904 25,049 12,356 28,942 14,659 134,914 
600-649682 2,430 10,733 2,595 5,485 14,126 2,372 38,423 
550-599746 548 2,816 1,931 3,799 4,806 552 15,198 
500-54987 59 1,993 1,094 1,178 7,519 919 12,849 
Under 500— 485 20 98 652 3,607 5 4,867 
Unknown— — — — — — — — 
Total$114,265 $127,634 $313,443 $435,959 $164,525 $232,606 $128,294 $1,516,726 
Accrued interest excluded from total$472 $624 $970 $973 $406 $954 $958 $5,357 
Current period gross charge-offs$— $— $22 $23 $— $233 $22 $300 
(1)Credit scores have been updated within the last twelve months.
Installment (1)
Term Loans Amortized Cost Basis by Origination Year
20252024202320222021PriorTotal
(In thousands)
September 30, 2025
Boat lending
800 and above$8,642 $4,290 $7,205 $7,795 $6,530 $10,664 $45,126 
750-79930,763 21,874 25,400 22,955 22,194 30,864 154,050 
700-74910,039 11,858 7,825 11,108 8,671 11,428 60,929 
650-6991,031 2,308 2,241 2,506 1,983 3,541 13,610 
600-649204 485 480 584 504 998 3,255 
550-59953 81 68 311 418 533 1,464 
500-549— 103 104 198 190 174 769 
Under 500— — 35 133 — 34 202 
Unknown— — — — — — — 
Total$50,732 $40,999 $43,358 $45,590 $40,490 $58,236 $279,405 
Accrued interest excluded from total$174 $162 $167 $104 $91 $125 $823 
Current period gross charge-offs$— $13 $— $247 $28 $79 $367 
Recreational vehicle lending
800 and above$660 $948 $3,635 $9,099 $8,302 $8,583 $31,227 
750-7993,895 9,232 9,158 30,951 28,395 18,304 99,935 
700-7491,040 3,921 5,055 12,181 15,017 8,264 45,478 
650-699121 963 1,688 4,718 4,489 2,766 14,745 
600-649— 323 526 995 1,677 691 4,212 
550-5997 137 284 576 1,109 535 2,648 
500-549— 39 131 387 604 374 1,535 
Under 500— 69 73 202 171 49 564 
Unknown— — — — — — — 
Total$5,723 $15,632 $20,550 $59,109 $59,764 $39,566 $200,344 
Accrued interest excluded from total$23 $57 $73 $144 $136 $88 $521 
Current period gross charge-offs$— $11 $140 $232 $399 $109 $891 
Other
800 and above$1,759 $537 $1,188 $1,228 $671 $1,026 $6,409 
750-7998,060 7,125 5,472 5,024 2,958 5,197 33,836 
700-7495,323 4,749 3,679 3,362 2,158 3,416 22,687 
650-6992,407 1,708 1,294 810 732 1,196 8,147 
600-649124 580 271 457 207 437 2,076 
550-599— 189 231 254 144 267 1,085 
500-549— 74 150 202 171 129 726 
Under 500— 11 25 33 29 32 130 
Unknown729 — — — — — 729 
Total$18,402 $14,973 $12,310 $11,370 $7,070 $11,700 $75,825 
Accrued interest excluded from total$57 $63 $46 $28 $17 $63 $274 
Current period gross charge-offs$1,092 $38 $32 $58 $29 $65 $1,314 
Total installment
800 and above$11,061 $5,775 $12,028 $18,122 $15,503 $20,273 $82,762 
750-79942,718 38,231 40,030 58,930 53,547 54,365 287,821 
700-74916,402 20,528 16,559 26,651 25,846 23,108 129,094 
650-6993,559 4,979 5,223 8,034 7,204 7,503 36,502 
600-649328 1,388 1,277 2,036 2,388 2,126 9,543 
550-59960 407 583 1,141 1,671 1,335 5,197 
500-549— 216 385 787 965 677 3,030 
Under 500— 80 133 368 200 115 896 
Unknown729 — — — — — 729 
Total$74,857 $71,604 $76,218 $116,069 $107,324 $109,502 $555,574 
Accrued interest excluded from total$254 $282 $286 $276 $244 $276 $1,618 
Current period gross charge-offs$1,092 $62 $172 $537 $456 $253 $2,572 
Installment - continued (1)
Term Loans Amortized Cost Basis by Origination Year
20242023202220212020PriorTotal
(In thousands)
December 31, 2024
Boat lending
800 and above$6,125 $6,702 $8,231 $7,492 $3,512 $9,079 $41,141 
750-79926,320 29,173 28,608 24,858 11,604 26,792 147,355 
700-74911,397 9,487 11,342 9,807 4,177 9,137 55,347 
650-6992,722 2,888 2,516 2,419 1,191 3,111 14,847 
600-649504 438 1,104 364 148 775 3,333 
550-599— 215 464 394 76 301 1,450 
500-54927 — 135 199 140 238 739 
Under 500— 35 14 — — 80 129 
Unknown— — — — — — — 
Total$47,095 $48,938 $52,414 $45,533 $20,848 $49,513 $264,341 
Accrued interest excluded from total$179 $178 $124 $104 $50 $101 $736 
Current period gross charge-offs$— $8 $31 $8 $49 $53 $149 
Recreational vehicle lending
800 and above$1,365 $4,270 $11,721 $9,776 $3,382 $7,262 $37,776 
750-79910,528 11,173 33,140 32,266 9,398 14,656 111,161 
700-7495,402 5,230 14,093 15,336 4,177 5,500 49,738 
650-699965 1,949 4,278 5,357 1,249 1,836 15,634 
600-649268 697 1,213 2,364 407 502 5,451 
550-59941 183 443 1,075 135 415 2,292 
500-54950 172 638 745 161 207 1,973 
Under 500— 67 156 207 19 63 512 
Unknown— — — — — — — 
Total$18,619 $23,741 $65,682 $67,126 $18,928 $30,441 $224,537 
Accrued interest excluded from total$69 $89 $156 $154 $41 $67 $576 
Current period gross charge-offs$— $42 $152 $322 $42 $109 $667 
Other
800 and above$1,342 $1,323 $1,788 $938 $639 $831 $6,861 
750-7999,938 8,029 7,208 4,732 2,013 4,375 36,295 
700-74914,512 4,941 4,232 2,829 1,292 3,278 31,084 
650-69910,551 1,633 1,689 979 430 1,293 16,575 
600-649537 476 522 294 59 418 2,306 
550-59980 211 271 210 21 210 1,003 
500-549— 149 301 229 92 93 864 
Under 50011 17 58 49 3 50 188 
Unknown681 — — — — — 681 
Total$37,652 $16,779 $16,069 $10,260 $4,549 $10,548 $95,857 
Accrued interest excluded from total$96 $65 $40 $22 $10 $63 $296 
Current period gross charge-offs$1,327 $69 $92 $17 $8 $91 $1,604 
Total installment
800 and above$8,832 $12,295 $21,740 $18,206 $7,533 $17,172 $85,778 
750-79946,786 48,375 68,956 61,856 23,015 45,823 294,811 
700-74931,311 19,658 29,667 27,972 9,646 17,915 136,169 
650-69914,238 6,470 8,483 8,755 2,870 6,240 47,056 
600-6491,309 1,611 2,839 3,022 614 1,695 11,090 
550-599121 609 1,178 1,679 232 926 4,745 
500-54977 321 1,074 1,173 393 538 3,576 
Under 50011 119 228 256 22 193 829 
Unknown681 — — — — — 681 
Total$103,366 $89,458 $134,165 $122,919 $44,325 $90,502 $584,735 
Accrued interest excluded from total$344 $332 $320 $280 $101 $231 $1,608 
Current period gross charge-offs$1,327 $119 $275 $347 $99 $253 $2,420 
(1)Credit scores have been updated within the last twelve months.
Foreclosed residential real estate properties included in other real estate and repossessed assets, net on our interim Condensed Consolidated Statements of Financial Condition totaled $0.3 million and $0.9 million at September 30, 2025 and December 31, 2024, respectively. Retail mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements totaled $2.4 million and $2.0 million at September 30, 2025 and December 31, 2024, respectively.
During the three and nine month periods ended September 30, 2025, we sold $4.5 million and $19.9 million, respectively, of portfolio residential mortgage loans servicing retained and recognized a gain on sale of $0.07 million and $0.37 million, respectively. During the three and nine month periods ended September 30, 2024, we sold $6.6 million and $14.7 million, respectively, of portfolio residential mortgage loans servicing retained and recognized a gain on sale of $0.12 million and $0.25 million, respectively. These gains are included in net gains (losses) on assets - mortgage loans on our interim Condensed Consolidated Statements of Operations. These transactions were done primarily for asset/liability management purposes.
v3.25.3
Shareholders' Equity and Earnings Per Common Share
 9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
Shareholders' Equity and Earnings Per Common Share Shareholders’ Equity and Earnings Per Common Share
On December 17, 2024, our Board of Directors authorized a share repurchase plan (the “Repurchase Plan”) to buy back up to 1,100,000 shares of our outstanding common stock through December 31, 2025. Shares would be repurchased through open market transactions, though we could execute repurchases through other means, such as privately negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including, among others, securities law restrictions, the trading price of our common stock, regulatory requirements, potential alternative uses for capital, and our financial performance. During the three and nine month periods ended September 30, 2025 we repurchased 13,732 and 266,008 shares of common stock, respectively for an aggregate purchase price of $0.41 million and $7.77 million, respectively. During the nine month period ended September 30, 2024 there were no shares of common stock repurchased.
A reconciliation of basic and diluted net income per common share follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands, except
per share data)
Net income$17,502 $13,810 $49,969 $48,329 
Weighted average shares outstanding (1)20,702 20,896 20,797 20,892 
Stock units for deferred compensation plan for non-employee directors173 182 175 178 
Performance share units28 34 27 27 
Effect of stock options2 3 2 3 
Weighted average shares outstanding for calculation of diluted earnings per share20,905 21,115 21,001 21,100 
Net income per common share
Basic (1)$0.85 $0.66 $2.40 $2.31 
Diluted$0.84 $0.65 $2.38 $2.29 
(1)Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.
Weighted average stock options outstanding that were not considered in computing diluted net income per common share because they were anti-dilutive were zero for the three and nine month periods ended September 30, 2025 and 2024, respectively.
v3.25.3
Derivative Financial Instruments
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments Derivative Financial Instruments
We are required to record derivatives on our interim Condensed Consolidated Statements of Financial Condition as assets and liabilities measured at their fair value. The accounting for increases and decreases in the value of derivatives depends upon the use of derivatives and whether the derivatives qualify for hedge accounting.
Our derivative financial instruments according to the type of hedge in which they are designated follows:
September 30, 2025
Notional
Amount		Average
Maturity
(years)		Fair
Value
(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial$5,345 3.6$189 
Pay-fixed interest rate swap agreements - securities available for sale148,895 2.17,931 
Pay-fixed interest rate swap agreements - installment100,000 1.7(917)
Pay-fixed interest rate swap agreements - mortgage
117,000 1.9(1,272)
Interest rate cap agreements - securities available for sale40,970 2.651 
Total$412,210 2.0$5,982 
Cash flow hedge designation
Interest rate floor agreements - commercial
$450,000 1.9$5,090 
Interest rate cap agreements - short-term funding liabilities
50,000 2.479 
Total500,000 1.95,169 
No hedge designation
Rate-lock mortgage loan commitments$20,929 0.1$187 
Mandatory commitments to sell mortgage loans30,147 0.139 
Pay-fixed interest rate swap agreements - commercial633,139 4.7(3,422)
Pay-variable interest rate swap agreements - commercial633,139 4.73,422 
Total$1,317,354 4.5$226 
December 31, 2024
Notional
Amount		Average
Maturity
(years)		Fair
Value
(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial$5,647 4.4$361 
Pay-fixed interest rate swap agreements - securities available for sale148,895 2.813,265 
Pay-fixed interest rate swap agreements - installment100,000 2.477 
Pay-fixed interest rate swap agreements - mortgage
147,000 2.2283 
Interest rate cap agreements - securities available for sale40,970 3.3334 
Total$442,512 2.6$14,320 
Cash flow hedge designation
Interest rate floor agreements - commercial
$375,000 2.3$3,642 
Interest rate cap agreements - short-term funding liabilities
25,000 3.4312 
Total400,000 2.13,954 
No hedge designation
Rate-lock mortgage loan commitments12,703 0.1100 
Mandatory commitments to sell mortgage loans19,874 0.162 
Pay-fixed interest rate swap agreements - commercial538,053 5.013,325 
Pay-variable interest rate swap agreements - commercial538,053 5.0(13,325)
Total$1,108,683 4.9$162 

We have established management objectives and strategies that include interest-rate risk parameters for maximum fluctuations in net interest income and market value of portfolio equity. We monitor our interest rate risk position via simulation modeling reports. The goal of our asset/liability management efforts is to maintain profitable financial leverage within established risk parameters.

We have entered into pay-fixed interest rate swaps and caps to protect a portion of the fair value of a certain fixed rate commercial loan and certain mortgage and installment loans (‘‘Fair Value Hedge – Portfolio Loans’’). As a result, changes in the fair values of the pay-fixed interest rate swaps and caps are expected to offset changes in the fair values of the fixed rate portfolio loans due to fluctuations in interest rates. We record the fair values of Fair Value Hedge – Portfolio Loans in accrued income and other assets and accrued expenses and other liabilities on our interim Condensed Consolidated Statements of Financial Condition. The hedged items (a fixed rate commercial loan and certain fixed rate mortgage and installment loans) are also recorded at fair value which offsets the adjustment to the Fair Value Hedge – Portfolio Loans. On an ongoing basis, we adjust our interim Condensed Consolidated Statements of Financial Condition to reflect the then current fair values of both the Fair Value Hedge – Portfolio Loans and the hedged items. The related gains or losses are reported in interest income – interest and fees on loans in our interim Condensed Consolidated Statements of Operations. During the second quarter of 2023 we terminated the interest rate cap that was previously hedging certain installment loans. The remaining unrealized gain on this terminated interest cap of $0.14 million as of September 30, 2025 is being amortized into earnings over the original life of the interest rate cap which was February, 2030.

We have entered into pay-fixed interest rate swap and interest rate cap agreements to protect a portion of the fair value of certain securities available for sale (‘‘Fair Value Hedge – AFS Securities’’). As a result, the change in the fair value of the pay-fixed interest rate swap and interest rate cap agreements is expected to offset a portion of the change in the fair value of the fixed rate securities available for sale due to fluctuations in interest rates. We record the fair value of Fair Value Hedge – AFS Securities in accrued income and other assets and accrued expenses and other liabilities on our interim Condensed Consolidated Statements of Financial Condition. The hedged items (fixed rate securities available for sale) are also recorded at fair value which offsets the adjustment to the Fair Value Hedge – AFS Securities. On an ongoing basis, we
adjust our interim Condensed Consolidated Statements of Financial Condition to reflect the then current fair value of both the Fair Value Hedge – AFS Securities and the hedged item. The related gains or losses are reported in interest income – interest on securities – tax-exempt in our interim Condensed Consolidated Statements of Operations.

We have entered into interest rate floor agreements to manage the variability in future expected cash flows of certain commercial loans (‘‘Cash Flow Hedge – Portfolio Loans’’). We record the fair value of Cash Flow Hedge – Portfolio Loans in accrued income and other assets and accrued expenses and other liabilities on our interim Condensed Consolidated Statements of Financial Condition. The changes in the fair value of Cash Flow Hedge - Portfolio Loans are recorded in accumulated other comprehensive loss and are reclassified into the line item in our interim Condensed Consolidated Statements of Operations in which the hedged items are recorded in the same period the hedged items affect earnings.
We have entered into an interest rate cap agreement to manage the variability in future expected cash flows of certain short-term funding liabilities (‘‘Cash Flow Hedge – Short-term Funding Liabilities’’). We record the fair value of Cash Flow Hedge – Short-term Funding Liabilities in accrued income and other assets and accrued expenses and other liabilities on our interim Condensed Consolidated Statements of Financial Condition. The changes in the fair value of Cash Flow Hedge - Short-term Funding Liabilities are recorded in accumulated other comprehensive loss and are reclassified into the line item in our interim Condensed Consolidated Statements of Operations in which the hedged items are recorded in the same period the hedged items affect earnings.

For Cash Flow Hedges, it is anticipated that as of September 30, 2025, $1.3 million will be reclassified from accumulated other comprehensive loss as a reduction to earnings over the next twelve months. The maximum term of any Cash Flow Hedge at September 30, 2025 is 3.7 years.
Certain derivative financial instruments have not been designated as hedges. The fair value of these derivative financial instruments has been recorded on our interim Condensed Consolidated Statements of Financial Condition and is adjusted on an ongoing basis to reflect their then current fair value. The changes in fair value of derivative financial instruments not designated as hedges are recognized in earnings.
In the ordinary course of business, we enter into rate-lock mortgage loan commitments with customers (“Rate-Lock Commitments”). These commitments expose us to interest rate risk. We also enter into mandatory commitments to sell mortgage loans (“Mandatory Commitments”) to reduce the impact of price fluctuations of mortgage loans held for sale and Rate-Lock Commitments. Mandatory Commitments help protect our loan sale profit margin from fluctuations in interest rates. The changes in the fair value of Rate-Lock Commitments and Mandatory Commitments are recognized currently as part of net gains on mortgage loans in our interim Condensed Consolidated Statements of Operations. We obtain market prices on Mandatory Commitments and Rate-Lock Commitments. Net gains on mortgage loans, as well as net income may be more volatile as a result of these derivative instruments, which are not designated as hedges.
We have a program that allows commercial loan customers to lock in a fixed rate for a longer period of time than we would normally offer for interest rate risk reasons. We will enter into a variable rate commercial loan and an interest rate swap agreement with a customer and then enter into an offsetting interest rate swap agreement with an unrelated party. The interest rate swap agreement fair values will generally move in opposite directions resulting in little or no net impact on our interim Condensed Consolidated Statements of Operations. All of the interest rate swap agreements - commercial with no hedge designation in the table above relate to this program.
The following tables illustrate the impact that the derivative financial instruments discussed above have on individual line items in the interim Condensed Consolidated Statements of Financial Condition for the periods presented:
Fair Values of Derivative Instruments
Asset DerivativesLiability Derivatives
September 30,
2025		December 31,
2024		September 30,
2025		December 31,
2024
Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value
(In thousands)
Derivatives designated as hedging instruments
Pay-fixed interest rate swap agreementsOther assets$8,160 Other assets$14,336 Other liabilities$2,229 Other liabilities$350 
Interest rate cap agreementsOther assets130 Other assets646 Other liabilities— Other liabilities— 
Interest rate floor agreements
Other assets5,090 Other assets3,642 Other liabilities— Other liabilities— 
13,380 18,624 2,229 350 
Derivatives not designated as hedging instruments
Rate-lock mortgage loan commitmentsOther assets187 Other assets100 Other liabilities— Other liabilities— 
Mandatory commitments to sell mortgage loansOther assets39 Other assets62 Other liabilities— Other liabilities— 
Pay-fixed interest rate swap agreements - commercialOther assets7,539 Other assets15,799 Other liabilities10,961 Other liabilities2,474 
Pay-variable interest rate swap agreements - commercialOther assets10,961 Other assets2,474 Other liabilities7,539 Other liabilities15,799 
18,726 18,435 18,500 18,273 
Total derivatives$32,106 $37,059 $20,729 $18,623 
The effect of derivative financial instruments on the interim Condensed Consolidated Statements of Operations follows:
Gain (Loss) Recognized in Other
Comprehensive Income (Effective Portion)
Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)Gain (Loss)
Recognized
in Income
Three Month
Periods Ended
September 30,		Three Month
Periods Ended
September 30,		Location of
Gain (Loss)
Recognized
in Income		Three Month
Periods Ended
September 30,
202520242025202420252024
(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial
Interest and fees on loans$(25)$(184)
Pay-fixed interest rate swap agreements - securities available for sale
Interest on securities
(1,162)(4,882)
Pay-fixed interest rate swap agreements - Installment
Interest and fees on loans(15)(2,421)
Pay-fixed interest rate swap agreements - Mortgage
Interest and fees on loans(91)(2,940)
Interest rate cap agreements - securities available for sale$(43)$(255)
Interest on securities
$(55)$(57)
Interest on securities
— (119)
Total$(43)$(255)$(55)$(57)$(1,293)$(10,546)
Cash Flow Hedges
Interest rate floor agreements - commercial
$(1,046)$2,999 Interest and fees on loans$(551)$(333)Interest and fees on loans$(551)$(333)
Interest rate cap agreements - short-term funding liabilities
(93)— 
Interest expense
(4)— 
Interest expense
(4)— 
Total
$(1,139)$2,999 $(555)$(333)$(555)$(333)
No hedge designation
Rate-lock mortgage loan commitmentsNet gains on mortgage loans$(184)$111 
Mandatory commitments to sell mortgage loansNet gains on mortgage loans171 (122)
Pay-fixed interest rate swap agreements - commercialInterest and fees on loans(1,879)(15,031)
Pay-variable interest rate swap agreements - commercialInterest and fees on loans1,879 15,031 
Total$(13)$(11)
Gain (Loss) Recognized in Other
Comprehensive Income (Effective Portion)
Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)Gain (Loss)
Recognized
in Income
Nine Month
Periods Ended
September 30,		Nine Month
Periods Ended
September 30,		Location of
Gain (Loss)
Recognized
in Income		Nine Month
Periods Ended
September 30,
202520242025202420252024
(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial
Interest and fees on loans$(172)$(110)
Pay-fixed interest rate swap agreements - securities available for sale
Interest on securities
(5,334)(4,028)
Pay-fixed interest rate swap agreements - installment
Interest and fees on loans(994)(513)
Pay-fixed interest rate swap agreements - mortgage
Interest and fees on loans(1,555)(648)
Interest rate cap agreements - securities available for sale$(283)$(194)
Interest on securities
$(172)$(167)
Interest on securities
— (81)
Total$(283)$(194)$(172)$(167)$(8,055)$(5,380)
Cash Flow Hedges
Interest rate floor agreements - commercial
$91 $246 Interest and fees on loans$(1,363)$(838)Interest and fees on loans$(1,363)$(838)
Interest rate cap agreements - short-term funding liabilities
(293)— 
Interest expense
(8)— 
Interest expense
(8)— 
Total
$(202)$246 $(1,371)$(838)$(1,371)$(838)
No hedge designation
Rate-lock mortgage loan commitmentsNet gains on mortgage loans$87 $80 
Mandatory commitments to sell mortgage loansNet gains on mortgage loans(23)304 
Pay-fixed interest rate swap agreements - commercialInterest and fees on loans(16,747)(8,482)
Pay-variable interest rate swap agreements - commercialInterest and fees on loans16,747 8,482 
Total$64 $384 
v3.25.3
Goodwill and Other Intangibles
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles Goodwill and Other Intangibles
The following table summarizes intangible assets, net of amortization:
September 30, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
(In thousands)
Amortized intangible assets - core deposits$11,916 $10,793 $11,916 $10,428 
Unamortized intangible assets - goodwill$28,300  $28,300 
Goodwill is assessed for impairment on an annual basis as of December 31, or more frequently if events occur or circumstances change that indicate an impairment may exist. When assessing goodwill for impairment, first, a qualitative assessment is made to determine whether it is more likely than not that the estimated fair value of a reporting unit is less than its estimated carrying value. If the results of the qualitative assessment are not conclusive, a quantitative goodwill test is performed. For the nine months ended September 30, 2025 and 2024 no event occurred that indicated an impairment of goodwill may exist.
A summary of estimated core deposits intangible amortization at September 30, 2025 follows:
(In thousands)
Three months ending December 31, 2025122 
2026460 
2027434 
2028107 
Total$1,123 
v3.25.3
Share Based Compensation
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Share Based Compensation Share Based Compensation
We maintain share based payment plans that include a non-employee director stock purchase plan and a long-term incentive plan that permits the issuance of share based compensation, including stock options and non-vested share awards. The long-term incentive plan, which is shareholder approved, permits the grant of additional share based awards for up to 0.3 million shares of common stock as of September 30, 2025. The non-employee director stock purchase plan permits the issuance of additional share based payments for up to 0.1 million shares of common stock as of September 30, 2025. Share based awards and payments are measured at fair value at the date of grant and are expensed over the requisite service period. Common shares issued upon exercise of stock options come from currently authorized but unissued shares.
A summary of restricted stock and performance stock units (“PSU”) granted pursuant to our long-term incentive plan follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Restricted stock——53,01981,355
PSU——16,36418,822
The shares of restricted stock and PSUs shown in the above table cliff vest after a period of three years. The performance criteria of the PSUs is split evenly between a comparison of (i) our total shareholder return and (ii) our return on average assets each over the three year period starting on the grant date to these same criteria over that period to an index of our banking peers.
Our directors may elect to receive all or a portion of their cash retainer fees in the form of common stock (either on a current basis or on a deferred basis) pursuant to the non-employee director stock purchase plan referenced above. Shares equal in value to that portion of each director’s fees that he or she has elected to receive in stock on a current basis are issued each quarter and vest immediately. Shares issued on a deferred basis are credited at the rate of 90% of the current fair value of our common stock and vest immediately. During the nine month periods ended September 30, 2025 and 2024 we issued 0.006 million and 0.007 million shares, respectively and expensed their value during those same periods.
Total compensation expense recognized for grants pursuant to our long-term incentive plan was $0.5 million and $1.8 million during the three and nine month periods ended September 30, 2025, respectively, and was $0.5 million and $1.6 million during the same periods in 2024, respectively. The corresponding tax benefit relating to this expense was $0.1 million and $0.4 million for the three and nine month periods ended September 30, 2025, respectively and $0.1 million and $0.3 million for the same periods in 2024. Total expense recognized for non-employee director share based payments was $0.07 million and $0.19 million during the three and nine month periods ended September 30, 2025, respectively, and was $0.06 million and $0.18 million during the same periods in 2024, respectively. The corresponding tax benefit relating to this expense was $0.02 million and $0.04 million for the three and nine month periods ended September 30, 2025, respectively and $0.01 million and $0.04 million during the same periods in 2024.
At September 30, 2025, the total expected compensation cost related to non-vested restricted stock and PSUs not yet recognized was $3.4 million. The weighted-average period over which this amount will be recognized is 2.0 years.
A summary of outstanding stock option grants and related transactions follows:
Number of
Shares 		Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term (Years)		Aggregated
Intrinsic
Value
(In thousands)
Outstanding at January 1, 20255,583$13.43 
Granted—
Exercised(2,793)13.43 
Forfeited—
Expired—
Outstanding at September 30, 20252,790$13.43 1.4$49 
Vested and expected to vest at September 30, 20252,790$13.43 1.4$49 
Exercisable at September 30, 20252,790$13.43 1.4$49 
A summary of outstanding non-vested stock and related transactions follows:
Number
of Shares 		Weighted-
Average
Grant Date
Fair Value
Outstanding at January 1, 2025266,986$24.64 
Granted69,38337.17 
Vested(73,512)27.04 
Forfeited(11,391)23.98 
Outstanding at September 30, 2025251,466$27.68 
Certain information regarding options exercised during the periods follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands)(In thousands)
Intrinsic value$— $— $64 $91 
Cash proceeds received$— $— $— $— 
Tax benefit realized$— $— $13 $19 
v3.25.3
Income Tax
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Tax Income Tax
Income tax expense was $3.7 million and $3.5 million during the three month periods ended September 30, 2025 and 2024, respectively and $11.0 million and $11.9 million during the nine months ended September 30, 2025 and 2024, respectively. Our actual federal income tax expense is different than the amount computed by applying our statutory income tax rate to our income before income tax primarily due to tax-exempt interest income and tax-exempt income from the increase in the cash surrender value on life insurance. In addition, the three and nine month periods ending September 30, 2025 include reductions of $0.01 million and $0.31 million, respectively, of income tax expense related to the impact of the excess value of stock awards that vested and stock options that were exercised as compared to the initial fair values that were expensed. These amounts during the same periods in 2024 were $0.01 million and $0.12 million, respectively.
We assess whether a valuation allowance should be established against our deferred tax assets based on the consideration of all available evidence using a “more likely than not” standard. The ultimate realization of this asset is primarily based on generating future income. We concluded at September 30, 2025, September 30, 2024 and December 31, 2024 that the realization of substantially all of our deferred tax assets continues to be more likely than not.
At both September 30, 2025 and December 31, 2024, we had approximately $0.2 million, respectively, of gross unrecognized tax benefits. We do not expect the total amount of unrecognized tax benefits to significantly increase or decrease during the remainder of 2025.
v3.25.3
Regulatory Matters
 9 Months Ended
Sep. 30, 2025
Regulatory Matters [Abstract]  
Regulatory Matters Regulatory Matters
Capital guidelines adopted by federal and state regulatory agencies and restrictions imposed by law limit the amount of cash dividends our Bank can pay to us. Under these guidelines, the amount of dividends that may be paid in any calendar year is limited to the Bank’s current year net profits, combined with the retained net profits of the preceding two years. Further, the Bank cannot pay a dividend at any time that it has negative undivided profits. As of September 30, 2025, the Bank had positive undivided profits of $215.1 million. It is not our intent to have dividends paid in amounts that would reduce the capital of our Bank to levels below those which we consider prudent or that would not be in accordance with guidelines of regulatory authorities.
We are also subject to various regulatory capital requirements. The prompt corrective action regulations establish quantitative measures to ensure capital adequacy and require minimum amounts and ratios of total, Tier 1, and common equity Tier 1 capital to risk-weighted assets and Tier 1 capital to average assets. Failure to meet minimum capital requirements can result in certain mandatory, and possibly discretionary, actions by regulators that could have a material effect on our interim condensed consolidated financial statements. In addition, capital adequacy rules include a common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets that applies to all supervised financial institutions. To avoid limits on capital distributions and certain discretionary bonus payments we must meet the minimum ratio for adequately capitalized institutions plus the buffer. Under capital adequacy guidelines, we must meet specific capital requirements that involve quantitative measures as well as qualitative judgments by the regulators. The most recent regulatory filings as of September 30, 2025 and December 31, 2024, categorized our Bank as well capitalized and exceeding the minimum ratio for adequately capitalized institutions plus the capital conservation buffer. Management is not aware of any conditions or events that would have changed the most recent Federal Deposit Insurance Corporation (“FDIC”) categorization.
Our actual capital amounts and ratios follow (1):
Actual Minimum for
Adequately Capitalized
Institutions 		Minimum for
Well-Capitalized
Institutions
AmountRatio AmountRatio AmountRatio
(Dollars in thousands)
September 30, 2025
Total capital to risk-weighted assets
Consolidated$610,808 13.66 %$357,706 8.00 %NANA
Independent Bank561,840 12.58 357,199 8.00 $446,499 10.00 %
Tier 1 capital to risk-weighted assets
Consolidated$554,774 12.41 %$268,280 6.00 %NANA
Independent Bank505,884 11.33 267,899 6.00 $357,199 8.00 %
Common equity tier 1 capital to risk-weighted assets
Consolidated$516,151 11.54 %$201,210 4.50 %NANA
Independent Bank505,884 11.33 200,925 4.50 $290,224 6.50 %
Tier 1 capital to average assets      
Consolidated$554,774 10.07 %$220,377 4.00 %NANA
Independent Bank505,884 9.19 220,083 4.00 $275,104 5.00 %
December 31, 2024      
Total capital to risk-weighted assets      
Consolidated$622,444 14.22 %$350,113 8.00 %NANA
Independent Bank567,254 12.99 349,335 8.00 $436,668 10.00 %
Tier 1 capital to risk-weighted assets      
Consolidated$527,616 12.06 %$262,585 6.00 %NANA
Independent Bank512,546 11.74 262,001 6.00 $349,335 8.00 %
Common equity tier 1 capital to risk-weighted assets      
Consolidated$489,044 11.17 %$196,939 4.50 %NANA
Independent Bank512,546 11.74 196,501 4.50 $283,834 6.50 %
Tier 1 capital to average assets      
Consolidated$527,616 9.85 %$214,332 4.00 %NANA
Independent Bank512,546 9.58 214,112 4.00 $267,640 5.00 %
_______________________________________
(1)
These ratios do not reflect a capital conservation buffer of 2.50% at September 30, 2025 and December 31, 2024.
NA - Not applicable
The components of our regulatory capital are as follows:
Consolidated Independent Bank
September 30,
2025		December 31,
2024		September 30,
2025		December 31,
2024
(In thousands)
Total shareholders' equity $490,742 $454,686 $480,475 $478,188 
Add (deduct) 
Accumulated other comprehensive loss for regulatory purposes
54,832 64,146 54,832 64,146 
Goodwill and other intangibles(29,423)(29,788)(29,423)(29,788)
Common equity tier 1 capital516,151 489,044 505,884 512,546 
Qualifying trust preferred securities38,623 38,572 — — 
Tier 1 capital554,774 527,616 505,884 512,546 
Subordinated debt— 40,000 — — 
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
56,034 54,828 55,956 54,708 
Total risk-based capital$610,808 $622,444 $561,840 $567,254 
v3.25.3
Fair Value Disclosures
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value Disclosures Fair Value Disclosures
FASB ASC topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC topic 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
The standard describes three levels of inputs that may be used to measure fair value:
Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets. Level 1 instruments include securities traded on active exchange markets, such as the New York Stock Exchange, as well as U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets.
Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 2 instruments include securities traded in less active dealer or broker markets.
Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.
We used the following methods and significant assumptions to estimate fair value:
Securities: Where quoted market prices are available in an active market, securities are classified as Level 1 of the valuation hierarchy. We currently do not have any Level 1 securities. If quoted market prices are not available for the specific security, then fair values are estimated by (1) using quoted market prices of securities with similar characteristics, (2) matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices, or (3) a discounted cash flow analysis whose significant fair value inputs can generally be verified and do not typically involve judgment by management. These securities are classified as Level 2 of the valuation hierarchy and
primarily include agency securities, private label mortgage-backed securities, other asset backed securities, obligations of states and political subdivisions, trust preferred securities and corporate securities.
Loans held for sale: The fair value of mortgage loans held for sale, carried at fair value is based on agency cash window loan pricing for comparable assets (recurring Level 2).
Collateral dependent loans with specific loss allocations based on collateral value: From time to time, certain collateral dependent loans will have an ACL established. When the fair value of the collateral is based on an appraised value or when an appraised value is not available we record the collateral dependent loan as nonrecurring Level 3. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments can be significant and thus will typically result in a Level 3 classification of the inputs for determining fair value.
Other real estate: At the time of acquisition, other real estate is recorded at fair value, less estimated costs to sell, which becomes the property’s new basis. Subsequent write-downs to reflect declines in value since the time of acquisition may occur from time to time and are recorded in net gains (losses) on other real estate and repossessed assets, which is part of non-interest expense - other in the interim Condensed Consolidated Statements of Operations. The fair value of the property used at and subsequent to the time of acquisition is typically determined by a third party appraisal of the property. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments can be significant and typically result in a Level 3 classification of the inputs for determining fair value.
Appraisals for both collateral-dependent loans and other real estate are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by us. Once received, an independent third party, or a member of our Collateral Evaluation Department (for commercial properties), or a member of our Special Assets Group (for residential properties) reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. We compare the actual selling price of collateral that has been sold to the most recent appraised value of our properties to determine what additional adjustment, if any, should be made to the appraisal value to arrive at fair value. For commercial and residential properties we typically discount an appraisal to account for various factors that the appraisal excludes in its assumptions.
Capitalized mortgage loan servicing rights: The fair value of capitalized mortgage loan servicing rights is based on a valuation model used by an independent third party that calculates the present value of estimated net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income. Certain model assumptions are generally unobservable and are based upon the best information available including data relating to our own servicing portfolio, reviews of mortgage servicing assumption and valuation surveys and input from various mortgage servicers and, therefore, are recorded as Level 3. Management evaluates the third party valuation for reasonableness each quarter as part of our financial reporting control processes.
Derivatives: The fair value of rate-lock mortgage loan commitments is based on agency cash window loan pricing for comparable assets and the fair value of mandatory commitments to sell mortgage loans is based on mortgage backed security pricing for comparable assets (recurring Level 2). The fair value of interest rate swap, interest rate cap and interest rate floor agreements are derived from proprietary models which utilize current market data. The significant fair value inputs can generally be observed in the market place and do not typically involve judgment by management (recurring Level 2).
Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows:
Fair Value Measurements Using
Fair Value
Measure-
ments		Quoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		 Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
September 30, 2025:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency$8,071 $— $8,071 $— 
U.S. agency residential mortgage-backed78,196 — 78,196 — 
U.S. agency commercial mortgage-backed7,455 — 7,455 — 
Private label mortgage-backed41,936 — 41,936 — 
Other asset backed32,129 — 32,129 — 
Obligations of states and political subdivisions279,615 — 279,615 — 
Corporate54,200 — 54,200 — 
Trust preferred981 — 981 — 
Loans held for sale
11,654 — 11,654 — 
Capitalized mortgage loan servicing rights31,522 — — 31,522 
Derivatives (1)32,106 — 32,106 — 
Liabilities
Derivatives (2)20,729 — 20,729 — 
Measured at Fair Value on a Non-recurring Basis:
Assets
Collateral dependent loans (3)
Commercial
Commercial and industrial8,386 — — 8,386 
Commercial real estate10,892 — — 10,892 
Mortgage
1-4 family owner occupied - non-jumbo661 — — 661 
1-4 family non-owner occupied9 — — 9 
1-4 family - 2nd lien198 — — 198 
Resort lending37 — — 37 
Installment
Boat lending205 — — 205 
Recreational vehicle lending139 — — 139 
Other57 — — 57 
________________________________
(1)Included in accrued income and other assets
(2)Included in accrued expenses and other liabilities
(3)Only includes individually evaluated loans with specific allocations of the ACL based on collateral value.
Fair Value Measurements Using
Fair Value
Measure-
ments		Quoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
December 31, 2024:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency$8,159 $— $8,159 $— 
U.S. agency residential mortgage-backed71,137 — 71,137 — 
U.S. agency commercial mortgage-backed11,641 — 11,641 — 
Private label mortgage-backed70,035 — 70,035 — 
Other asset backed38,516 — 38,516 — 
Obligations of states and political subdivisions288,791 — 288,791 — 
Corporate69,921 — 69,921 — 
Trust preferred982 — 982 — 
Loans held for sale
7,643 — 7,643 — 
Capitalized mortgage loan servicing rights46,796 — — 46,796 
Derivatives (1)37,059 — 37,059 — 
Liabilities    
Derivatives (2)18,623 — 18,623 — 
    
Measured at Fair Value on a Non-recurring Basis:    
Assets    
Collateral dependent loans (3)
Commercial
Commercial and industrial4,205 — — 4,205 
Commercial real estate132 — — 132 
Mortgage
1-4 family owner occupied - non-jumbo627 — — 627 
1-4 family - 2nd lien170 — — 170 
Resort lending92 — — 92 
Installment
Boat lending56 — — 56 
Recreational vehicle lending172 — — 172 
Other59 — — 59 
_________________________________
(1)Included in accrued income and other assets
(2)Included in accrued expenses and other liabilities
(3)Only includes individually evaluated loans with specific allocations of the ACL based on collateral value.
Changes in fair values for financial assets which we have elected the fair value option for the periods presented were as follows:
Changes in Fair Values for the Nine
Month Periods Ended September 30 for
items Measured at Fair Value Pursuant
to Election of the Fair Value Option
Net Gains (losses)
on Assets
Mortgage
Loan
Servicing, net		Total
Change
in Fair
Values
Included
in Current
Period
Earnings
Mortgage
Loans
(In thousands)
2025
Loans held for sale$38 $— $38 
Capitalized mortgage loan servicing rights— (4,984)(4,984)
2024
Loans held for sale215 — 215 
Capitalized mortgage loan servicing rights— (4,995)(4,995)
For those items measured at fair value pursuant to our election of the fair value option, interest income is recorded within the interim Condensed Consolidated Statements of Operations based on the contractual amount of interest income earned on these financial assets.
The following represent impairment charges recognized during the three and nine month periods ended September 30, 2025 and 2024 relating to assets measured at fair value on a non-recurring basis:
•Loans that are individually evaluated using the fair value of collateral for collateral dependent loans had a carrying amount of $20.6 million, which is net of a valuation allowance of $5.7 million at September 30, 2025, and had a carrying amount of $5.5 million, which is net of a valuation allowance of $2.3 million at December 31, 2024. The provision for credit losses included in our results of operations relating to collateral dependent loans was a net expense of $1.3 million and $0.9 million for the three month periods ending September 30, 2025 and 2024, respectively, and a net expense of $3.3 million and $2.0 million for the nine month periods ending September 30, 2025 and 2024, respectively.
A reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) follows:
Capitalized Mortgage Loan Servicing Rights
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands) (In thousands)
Beginning balance$32,053 $44,406 $46,796 $42,243 
Total gains (losses) realized and unrealized:
Included in results of operations(1,479)(5,378)(4,984)(4,995)
Included in results of operations - gain on sale(1)
(61)— (233)— 
Included in other comprehensive loss— — — — 
Purchases, issuances, settlements, maturities and calls948 1,176 2,766 2,956 
Sales(1)
61 — (12,823)— 
Transfers in and/or out of Level 3— — — — 
Ending balance$31,522 $40,204 $31,522 $40,204 
Amount of total losses for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at September 30
$(1,479)$(5,378)$(4,984)$(4,995)
(1)     On January 31, 2025 we sold $931.6 million of mortgage loan servicing rights (26.3% of total servicing portfolio) and transferred the servicing on March 3, 2025. This sale represented approximately $13.1 million (27.9%) of the total capitalized mortgage loan servicing right asset. While there remains a customary hold back of final settlement funds of approximately $0.6 million relating to this transaction, we are not aware of any issues that will have a material impact on this final payment. We have until the first quarter, 2026 to receive this final payment. Transaction expenses relating to this sale were approximately $0.2 million and was expensed during the first nine months of 2025.
The fair value of our capitalized mortgage loan servicing rights has been determined based on a valuation model used by an independent third party as discussed above. The significant unobservable inputs used in the fair value measurement of the capitalized mortgage loan servicing rights are discount rate, cost to service, ancillary income, float rate and prepayment rate. Significant changes in all five of these assumptions in isolation would result in significant changes to the value of our capitalized mortgage loan servicing rights. Quantitative information about our Level 3 fair value measurements measured on a recurring basis follows:
Asset
Fair
Value		Valuation
Technique		Unobservable
Inputs		Range Weighted
Average
(In thousands)
September 30, 2025
Capitalized mortgage loan servicing rights$31,522 Present value of net servicing revenueDiscount rate
9.50% to 31.06%
9.93 %
Cost to service
$69 to $817
$80 
Ancillary income
20 to 30
21 
Float rate3.68 %3.68 %
Prepayment rate
5.39% to 32.90%
9.80 %
December 31, 2024
Capitalized mortgage loan servicing rights$46,796 Present value of net servicing revenueDiscount rate
10.00% to 19.15%
10.37 %
Cost to service
$70 to $817
$79 
Ancillary income
20 to 30
20 
Float rate4.33 %4.33 %
Prepayment rate
5.40% to 28.28%
7.54%
Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows:
Asset
Fair
Value		Valuation
Technique		Unobservable
Inputs		RangeWeighted
Average
(In thousands)
September 30, 2025
Collateral dependent loans
Commercial
$7,272 Discounting financial statement and machinery and equipment appraised valuesDiscount rates used
40.0% to 70.0%
48.0 %
12,006 Sales comparison approachAdjustment for differences between comparable sales
(18.0) to 42.0
(1.0)
Mortgage and Installment(1)
1,306 Sales comparison approachAdjustment for differences between comparable sales
(28.0) to 16.9
(1.6)
December 31, 2024
Collateral dependent loans
Commercial$3,478 
Discounting financial statement and machinery and equipment appraised values
Discount rates used
45.0% to 55.0%
50.5 %
859 Sales comparison approachAdjustment for differences between comparable sales
(20.0) to 35.0
(1.4)
Mortgage and Installment(1)
1,176 Sales comparison approachAdjustment for differences between comparable sales
(22.0) to 21.7
(0.4)
(1)
In addition to the valuation techniques and unobservable inputs discussed above, at September 30, 2025 and December 31, 2024 certain collateral dependent installment loans totaling approximately $0.40 million and $0.29 million, respectively, are secured by collateral other than real estate. For the majority of these loans, we apply internal discount rates to industry valuation guides.
The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding for loans held for sale for which the fair value option has been elected for the periods presented.
Aggregate
Fair Value		Difference Contractual
Principal
(In thousands)
Loans held for sale
September 30, 2025$11,654 $116 $11,538 
December 31, 20247,643 78 7,565 
v3.25.3
Fair Values of Financial Instruments
 9 Months Ended
Sep. 30, 2025
Fair Values of Financial Instruments [Abstract]  
Fair Values of Financial Instruments Fair Values of Financial Instruments
Most of our assets and liabilities are considered financial instruments. Many of these financial instruments lack an available trading market and it is our general practice and intent to hold the majority of our financial instruments to maturity. Significant estimates and assumptions were used to determine the fair value of financial instruments. These estimates are subjective in nature, involving uncertainties and matters of judgment, and therefore, fair values may not be a precise estimate. Changes in assumptions could significantly affect the estimates.
Estimated fair values have been determined using available data and methodologies that are considered suitable for each category of financial instrument. For instruments with adjustable interest rates which reprice frequently and without significant credit risk, it is presumed that estimated fair values approximate the recorded book balances.
The estimated recorded book balances and fair values follow:
Fair Value Using
Recorded
Book
Balance		Fair ValueQuoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
September 30, 2025
Assets
Cash and due from banks$56,378 $56,378 $56,378 $— $— 
Interest bearing deposits152,308 152,308 152,308 — — 
Securities available for sale502,583 502,583 — 502,583 — 
Securities held to maturity321,450 293,242 — 293,242 — 
Federal Home Loan Bank and Federal
Reserve Bank Stock18,102 NANANANA
Net loans and loans held for sale4,147,478 3,991,609 — 11,654 3,979,955 
Accrued interest receivable19,270 19,270 250 4,863 14,157 
Derivative financial instruments32,106 32,106 — 32,106 — 
     
Liabilities     
Deposits with no stated maturity (1)$3,911,405 $3,911,405 $3,911,405 $— $— 
Deposits with stated maturity (1)947,750 946,153 — 946,153 — 
Other borrowings2,006 1,673 — 1,673 — 
Subordinated debentures39,847 39,585 — 39,585 — 
Accrued interest payable3,245 3,245 323 2,922 — 
Derivative financial instruments20,729 20,729 — 20,729 — 
     
December 31, 2024     
Assets     
Cash and due from banks$56,984 $56,984 $56,984 $— $— 
Interest bearing deposits62,898 62,898 62,898 — — 
Securities available for sale559,182 559,182 — 559,182 — 
Securities held to maturity339,436 301,860 — 301,860 — 
Federal Home Loan Bank and Federal
Reserve Bank Stock16,099 NANANANA
Net loans and loans held for sale3,987,089 3,772,862 — 7,643 3,765,219 
Accrued interest receivable19,113 19,113 46 5,606 13,461 
Derivative financial instruments37,059 37,059 — 37,059 — 
Liabilities     
Deposits with no stated maturity (1)$3,806,185 $3,806,185 $3,806,185 $— $— 
Deposits with stated maturity (1)847,903 845,534 — 845,534 — 
Other borrowings45,009 44,996 — 44,996 — 
Subordinated debt39,586 40,412 — 40,412 — 
Subordinated debentures39,796 40,235 — 40,235 — 
Accrued interest payable3,109 3,109 374 2,735 — 
Derivative financial instruments18,623 18,623 — 18,623 — 
(1)
Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $867.422 million and $797.224 million at September 30, 2025 and December 31, 2024, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $113.693 million and $109.807 million at September 30, 2025 and December 31, 2024, respectively.
The fair values for commitments to extend credit and standby letters of credit are estimated to approximate their aggregate book balance, which is nominal and therefore are not disclosed.
Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale the entire holdings of a particular financial instrument.
Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business, the value of future earnings attributable to off-balance sheet activities and the value of assets and liabilities that are not considered financial instruments.
Fair value estimates for deposit accounts do not include the value of the core deposit intangible asset resulting from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market.
v3.25.3
Contingencies
 9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Contingencies Contingencies
Pressures from various global and national macroeconomic conditions, including significant volatility and uncertainty with U.S. and global market conditions, the direct and indirect impacts of potential changes to U.S. trade policies, recessionary concerns, uncertainty regarding future interest rates, foreign currency exchange rate fluctuations, the continuation of the Russia-Ukraine war, ongoing and potentially increasing conflict in the Middle East, and potential governmental responses to these events, continue to create significant economic uncertainty. In addition, pursuit of various initiatives announced by the Trump administration may create some degree of volatility in our customers’ businesses, regulation of the financial services industry, and the markets in which we operate.

The extent to which these pressures and other factors may impact our business, results of operations, asset valuations, financial condition, and customers will depend on future developments, which continue to be highly uncertain and difficult to predict. Material adverse impacts may include all or a combination of valuation impairments on our other intangibles, goodwill, securities available for sale, securities held to maturity, loans, capitalized mortgage loan servicing rights or deferred tax assets.

We continue to closely monitor and analyze the higher risk segments within our portfolio, and senior management is cautiously optimistic that we are positioned to continue managing the impact of the varied set of risks and uncertainties currently impacting the global and U.S. economies. However, a high degree of uncertainty still exists with respect to the impact of these fluid macroeconomic conditions on the future performance of our loan portfolio and our financial results.
Litigation
We are involved in various litigation matters in the ordinary course of business. At the present time, we do not believe any of these matters will have a significant impact on our interim condensed consolidated financial position or results of operations. The aggregate amount we have accrued for losses we consider probable as a result of these litigation matters is not material. However, because of the inherent uncertainty of outcomes from any litigation matter, we believe it is reasonably possible we may incur losses in addition to the amounts we have accrued. At this time, we estimate the maximum amount of additional losses that are reasonably possible is insignificant. However, because of a number of factors, including the fact that certain of these litigation matters are still in their early stages, this maximum amount may change in the future.
The litigation matters described in the preceding paragraph primarily include claims that have been brought against us for damages, but do not include litigation matters where we seek to collect amounts owed to us by third parties (such as litigation initiated to collect delinquent loans). These excluded, collection-related matters may involve claims or counterclaims by the opposing party or parties, but we have excluded such matters from the disclosure contained in the preceding paragraph in all cases where we believe the possibility of us paying damages to any opposing party is remote.
Visa Stock
On May 6, 2024, we exchanged 12,566 shares of Visa Inc. Class B-1 common stock (all of the Class B-1 shares we owned) for 2,493 shares of Visa Inc. Class C common stock and 6,283 shares of Visa Inc. Class B-2 common stock pursuant to an exchange offer conducted by Visa. Each Class C share automatically converts to 4 shares of Visa Inc. Class A common stock upon a transfer to anyone other than a Visa member or an affiliate of a Visa member. The Class B-2 shares have the same transfer restrictions as the transfer restrictions on the Class B-1 shares and can only be sold to other Class B shareholders.
Because of the very limited liquidity for the Class B-1 shares (prior to completion of the exchange offer) and uncertainty regarding the likelihood, ultimate timing, and eventual exchange rate for Class B-1 shares into Class A shares, we were carrying these shares at zero (prior to the completion of the exchange offer), representing cost basis less impairment. In light of the continued uncertainty regarding the likelihood, ultimate timing, and eventual exchange rate for Class B-2 shares into Class A shares, we are carrying the Class B-2 shares at zero at both September 30, 2025 and December 31, 2024, representing cost basis less impairment. However, given the current conversion ratio of 1.5223 Class A shares for every 1 Class B-2 share and the closing price of Visa Class A shares on October 27, 2025 of $347.82 per share, our 6,283 Class B-2 shares would have a current “value” of approximately $3.3 million.
As a condition to our participation in the exchange offer, we were required to enter into a Makewhole Agreement that will require us to reimburse Visa in certain circumstances if certain litigation in which Visa has been involved since 2008 results in damages significantly higher than Visa currently expects. Potential payments under the Makewhole Agreement are designed to equal the decline in value we would have experienced had we not participated in Visa’s exchange offer.
Based on the disclosures that have been made by Visa regarding the status of this litigation and other circumstances relating to the exchange offer and potential future, similar exchange offers, we believe the likelihood we will have to make any payments under the Makewhole Agreement is remote.
v3.25.3
Accumulated Other Comprehensive Loss ("AOCL")
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss ("AOCL") Accumulated Other Comprehensive Loss (“AOCL”)
A summary of changes in AOCL follows:
Unrealized
Losses on
Securities
AFS
Unrealized
Losses on
Securities
Transferred
to Securities
HTM (1)		Dispropor-
tionate
Tax Effects
from
Securities
AFS
Unrealized Gains (Losses) on Derivative Instruments
Total
(In thousands)
For the three months ended September 30,
2025
Balances at beginning of period$(51,816)$(11,489)$(5,798)$(784)$(69,887)
Other comprehensive income (loss) before reclassifications9,066 614 — (932)8,748 
Amounts reclassified from AOCL
27 — — 482 509 
Net current period other comprehensive income (loss)9,093 614 — (450)9,257 
Balances at end of period$(42,723)$(10,875)$(5,798)$(1,234)$(60,630)
2024
Balances at beginning of period$(49,482)$(14,084)$(5,798)$(1,464)$(70,828)
Other comprehensive income before reclassifications
9,340 646 — 2,168 12,154 
Amounts reclassified from AOCL
114 — — 308 422 
Net current period other comprehensive income
9,454 646 — 2,476 12,576 
Balances at end of period$(40,028)$(13,438)$(5,798)$1,012 $(58,252)
For the nine months ended September 30,
2025
Balances at beginning of period$(49,301)$(12,775)$(5,798)$(2,070)$(69,944)
Other comprehensive income (loss) before reclassifications
6,298 1,900 — (383)7,815 
Amounts reclassified from AOCL
280 — — 1,219 1,499 
Net current period other comprehensive income
6,578 1,900 — 836 9,314 
Balances at end of period$(42,723)$(10,875)$(5,798)$(1,234)$(60,630)
2024
Balances at beginning of period$(51,113)$(15,408)$(5,798)$177 $(72,142)
Other comprehensive income before reclassifications
10,758 1,970 — 41 12,769 
Amounts reclassified from AOCL
327 — — 794 1,121 
Net current period other comprehensive income
11,085 1,970 — 835 13,890 
Balances at end of period$(40,028)$(13,438)$(5,798)$1,012 $(58,252)
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
The disproportionate tax effects from securities AFS arose due to tax effects of other comprehensive income (“OCI”) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations. Release of material disproportionate tax effects from other comprehensive income to earnings is done by the portfolio method whereby the effects will remain in AOCL as long as we carry a more than inconsequential portfolio of securities AFS.
A summary of reclassifications out of each component of AOCL for the three months ended September 30 follows:
AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Interim Condensed
Consolidated Statements of Operations
(In thousands)
2025
Unrealized losses on securities available for sale
$(36)
Net losses on securities available for sale
(9)Income tax expense
$(27)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(606)Interest income
4 
Interest expense
(610)
(128)Income tax expense
$(482)Reclassifications, net of tax
$(509)Total reclassifications for the period, net of tax
2024
Unrealized losses on securities available for sale
$(145)
Net losses on securities available for sale
(31)Income tax expense
$(114)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(390)Interest income
(82)Income tax expense
$(308)Reclassifications, net of tax
$(422)Total reclassifications for the period, net of tax
A summary of reclassifications out of each component of AOCL for the nine months ended September 30 follows:
AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Interim Condensed
Consolidated Statements of Operations
(In thousands)
2025
Unrealized losses on securities available for sale
$(355)
Net losses on securities available for sale
(75)Income tax expense
$(280)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(1,535)Interest income
8 
Interest expense
(1,543)
(324)Income tax expense
$(1,219)Reclassifications, net of tax
$(1,499)Total reclassifications for the period, net of tax
2024
Unrealized losses on securities available for sale
$(414)
Net losses on securities available for sale
(87)Income tax expense
$(327)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(1,005)Interest income
211 Income tax expense
$(794)Reclassifications, net of tax
$(1,121)Total reclassifications for the period, net of tax
v3.25.3
Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
We account for revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers. We derive the majority of our revenue from financial instruments and their related contractual rights and obligations which for the most part are excluded from the scope of this topic. These sources of revenue that are excluded from the scope of this topic include interest income, net gains on mortgage loans, net losses on securities AFS, mortgage loan servicing, net and bank owned life insurance and were approximately 88.2% and 88.3% of total revenues for the nine month periods ending September 30, 2025 and 2024, respectively.
Material sources of revenue that are included in the scope of this topic include service charges on deposit accounts, other deposit related income, interchange income and investment and insurance commissions and are discussed in the following paragraphs. Generally these sources of revenue are earned at the time the service is delivered or over the course of a monthly period and do not result in any contract asset or liability balance at any given period end. As a result, there were no contract assets or liabilities recorded as of September 30, 2025 and December 31, 2024, respectively.
Service charges on deposit accounts and other deposit related income: Revenues are earned on depository accounts for commercial and retail customers and include fees for transaction-based, account maintenance and overdraft services. Transaction-based fees, which includes services such as ATM use fees, stop payment charges and ACH fees are recognized at the time the transaction is executed as that is the time we fulfill our customer’s request. Account maintenance fees, which includes monthly maintenance services are earned over the course of a month representing the period over which the performance obligation is satisfied. Our obligation for overdraft services is satisfied at the time of the overdraft.
Interchange income: Interchange income primarily includes debit card interchange and network revenues. Debit card interchange and network revenues are earned on debit card transactions conducted through payment networks such as MasterCard and Accel. Interchange income is recognized concurrently with the delivery of services on a daily basis. Interchange and network revenues are presented gross of interchange expenses, which are presented separately as a component of non-interest expense.
Investment and insurance commissions: Investment and insurance commissions include fees and commissions from asset management, custody, recordkeeping, investment advisory and other services provided to our customers. Revenue is recognized on an accrual basis at the time the services are performed and generally based on either the market value of the assets managed or the services provided. We have an agent relationship with a third party provider of these services and net certain direct costs charged by the third party provider associated with providing these services to our customers.
Net (gains) losses on other real estate and repossessed assets: We record a gain or loss from the sale of other real estate when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. If we were to finance the sale of other real estate to the buyer, we would assess whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction is probable. Once these criteria are met, the other real estate asset would be derecognized and the gain or loss on sale would be recorded upon the transfer of control of the property to the buyer. There were no other real estate properties sold during the nine month periods ending September 30, 2025 and 2024 that were financed by us.
Three months ending September 30, 2025
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
(In thousands)
Retail
Overdraft fees$2,333 $— $— $— $2,333 
Account service charges685 — — — 685 
ATM fees— 413 — — 413 
Other— 153 — — 153 
Business    
Overdraft fees113 — — — 113 
ATM fees— 13 — — 13 
Other— 113 — — 113 
Interchange income— — 4,157 — 4,157 
Asset management revenue— — — 413 413 
Transaction based revenue— — — 527 527 
     
Total$3,131 $692 $4,157 $940 $8,920 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $692 
Investment and insurance commissions   940 
Bank owned life insurance (1)    288 
Other (1)
    1,217 
Total    $3,137 
(1)Excluded from the scope of ASC Topic 606.
Three months ending September 30, 2024
Service
Charges
on Deposit
Accounts		 Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
(In thousands)
Retail
Overdraft fees$2,378 $— $— $— $2,378 
Account service charges593 — — — 593 
ATM fees— 430 — — 430 
Other— 167 — — 167 
Business    
Overdraft fees114 — — — 114 
ATM fees— 13 — — 13 
Other— 114 — — 114 
Interchange income— — 4,146 — 4,146 
Asset management revenue— — — 458 458 
Transaction based revenue— — — 423 423 
     
Total$3,085 $724 $4,146 $881 $8,836 
Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income$724 
Investment and insurance commissions881 
Bank owned life insurance (1) 197 
Other (1) 1,581 
Total$3,383 
(1)Excluded from the scope of ASC Topic 606.
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
Nine months ending September 30, 2025(In thousands)
Retail
Overdraft fees$6,634 $— $— $— $6,634 
Account service charges1,951 — — — 1,951 
ATM fees— 1,169 — — 1,169 
Other— 506 — — 506 
Business    
Overdraft fees341 — — — 341 
ATM fees— 35 — — 35 
Other— 327 — — 327 
Interchange income— — 10,674 — 10,674 
Asset management revenue— — — 1,214 1,214 
Transaction based revenue— — — 1,290 1,290 
     
Total$8,926 $2,037 $10,674 $2,504 $24,141 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $2,037 
Investment and insurance commissions   2,504 
Bank owned life insurance (1)    881 
Other (1)
    3,683 
Total    $9,105 
(1)Excluded from the scope of ASC Topic 606.
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
Nine months ending September 30, 2024(In thousands)
Retail
Overdraft fees$6,788 $— $— $— $6,788 
Account service charges1,787 — — — 1,787 
ATM fees— 1,225 — — 1,225 
Other— 603 — — 603 
Business    
Overdraft fees319 — — — 319 
ATM fees— 37 — — 37 
Other— 327 — — 327 
Interchange income— — 10,698 — 10,698 
Asset management revenue— — — 1,448 1,448 
Transaction based revenue— — — 1,075 1,075 
     
Total$8,894 $2,192 $10,698 $2,523 $24,307 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $2,192 
Investment and insurance commissions   2,523 
Bank owned life insurance (1)    566 
Other (1)
    3,537 
Total    $8,818 
(1)Excluded from the scope of ASC Topic 606.
v3.25.3
Leases
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
We have entered into leases in the normal course of business primarily for office facilities, some of which include renewal options and escalation clauses. Certain leases also include both lease components (fixed payments including rent, taxes and insurance costs) and non-lease components (common area or other maintenance costs) which are accounted for as a single lease component as we have elected the practical expedient to group lease and non-lease components together for all leases. We have also elected not to recognize leases with original lease terms of 12 months or less (short-term leases) on our interim Condensed Consolidated Statements of Financial Condition. Most of our leases include one or more options to renew. The exercise of lease renewal options is typically at our sole discretion and are included in our right of use (“ROU”) assets and lease liabilities if they are reasonably certain of exercise.
Leases are classified as operating or finance leases at the lease commencement date (we did not have any finance leases as of September 30, 2025 and December 31, 2024). Lease expense for operating leases and short-term leases is recognized on a straight-line basis over the lease term. The ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the lease payment over the lease term.
As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of the lease payments.
The cost components of our operating leases follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands)(In thousands)
Operating lease cost$352 $349 $1,037 $1,044 
Variable lease cost2 10 12 32 
Short-term lease cost16 23 55 70 
Total$370 $382 $1,104 $1,146 
Variable lease costs consist primarily of taxes, insurance, and common area or other maintenance costs for our leased facilities.
Supplemental balance sheet information related to our operating leases follows:
September 30,
2025		December 31,
2024
(Dollars in thousands)
Lease right of use asset (1)$6,473 $5,971 
Lease liabilities (2)$6,717 $6,338 
Weighted average remaining lease term (years)6.977.07
Weighted average discount rate4.4 %3.7 %
(1)Included in Accrued income and other assets in our interim Condensed Consolidated Statements of Financial Condition.
(2)Included in Accrued expenses and other liabilities in our interim Condensed Consolidated Statements of Financial Condition.
Maturity analysis of our lease liabilities at September 30, 2025 based on required contractual payments follows:
(In thousands)
Three months ending December 31, 2025$343 
20261,310 
20271,166 
20281,110 
20291,112 
2030 and thereafter2,844 
Total lease payments7,885 
Less imputed interest(1,168)
Total$6,717 
v3.25.3
Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Independent Bank Corporation is a bank holding company, whose principal activity is the ownership and management of its wholly-owned subsidiaries, including Independent Bank. As a community-oriented financial institution, substantially all of our operations involve the delivery of loan and deposit products to customers.
We have one reportable segment which is determined by the Chief Executive Officer, who is the designated chief operating decision maker, based upon information provided about the products and services we offer, primarily banking operations. The segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if the operating performance, products/services, and customers are similar. The chief operating decision maker will evaluate the performance of our business components such as evaluating revenue streams, significant expenses, and budget to actual results assessing our segment and in the determination of allocating resources. The chief operating decision maker uses revenue streams to evaluate product pricing and significant expenses to assess performance and evaluate return on assets. The chief operating decision maker uses consolidated net income, earnings per share, and return on average assets to benchmark us against our competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used in assessing performance and in establishing compensation. Loans, investments, and deposits provide the majority of revenues in the banking operation. Interest expense, provisions for credit losses, and compensation and employee benefits provide the significant expenses in the banking operation. All operations are domestic.
Segment performance is evaluated using consolidated net income, earnings per share, and return on average assets. Information reported internally for performance assessment by the chief operating decision maker is as follows, inclusive of reconciliations of significant segment totals to the interim condensed consolidated financial statements for the three and nine month periods ended September 30, 2025 and 2024.
Three Months Ended September 30, 2025
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$61,254 $— $71 $61,325 
Interest on securities6,427 — — 6,427 
Other investments1,538 343 (343)1,538 
Total Interest Income69,219 343 (272)69,290 
INTEREST EXPENSE
Deposits22,315 — (343)21,972 
Other borrowings and subordinated debt and debentures139 1,818 — 1,957 
Total Interest Expense22,454 1,818 (343)23,929 
Net Interest Income46,765 (1,475)71 45,361 
Provision for credit losses1,991 — — 1,991 
Net Interest Income After Provision for Credit Losses44,774 (1,475)71 43,370 
NON-INTEREST INCOME
Interchange income
4,157 — — 4,157 
Service charges on deposit accounts
3,131 — — 3,131 
Net gains on mortgage loans
1,425 — 49 1,474 
Mortgage loan servicing, net74 — — 74 
Other3,010 310 (219)3,101 
Total Non-interest Income11,797 310 (170)11,937 
NON-INTEREST EXPENSE
Compensation and employee benefits21,016 144 (35)21,125 
Data processing3,764 20 — 3,784 
Occupancy, net2,121 6 — 2,127 
Interchange expense1,180 — — 1,180 
Furniture, fixtures and equipment891 1 — 892 
Advertising523 3 — 526 
FDIC deposit insurance615 — — 615 
Legal and professional546 136 — 682 
Loan and collection618 — — 618 
Communications460 5 — 465 
Other1,915 202 — 2,117 
Total Non-interest Expense33,649 517 (35)34,131 
Income Before Income Tax22,922 (1,682)(64)21,176 
Income tax expense4,122 (435)(13)3,674 
Net Income$18,800 $(1,247)$(51)$17,502 
OTHER SEGMENT DISCLOSURES
Depreciation
1,125 — — 1,125 
Amortization
121 — — 121 
Total assets
5,486,851 538,943 (532,681)5,493,113 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Three Months Ended September 30, 2024
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$58,345 $— $65 $58,410 
Interest on securities7,906 — — 7,906 
Other investments2,018 487 (487)2,018 
Total Interest Income68,269 487 (422)68,334 
INTEREST EXPENSE
Deposits24,949 — (487)24,462 
Other borrowings and subordinated debt and debentures552 1,466 — 2,018 
Total Interest Expense25,501 1,466 (487)26,480 
Net Interest Income42,768 (979)65 41,854 
Provision for credit losses1,488 — — 1,488 
Net Interest Income After Provision for Credit Losses41,280 (979)65 40,366 
NON-INTEREST INCOME
Interchange income
4,146 — — 4,146 
Service charges on deposit accounts
3,085 — — 3,085 
Net gains on mortgage loans
2,125 — 52 2,177 
Mortgage loan servicing, net(3,130)— — (3,130)
Other3,142 275 (187)3,230 
Total Non-interest Income9,368 275 (135)9,508 
NON-INTEREST EXPENSE
Compensation and employee benefits19,951 129 (32)20,048 
Data processing3,360 19 — 3,379 
Occupancy, net1,887 6 — 1,893 
Interchange expense1,149 — — 1,149 
Furniture, fixtures and equipment931 1 — 932 
Advertising580 1 — 581 
FDIC deposit insurance664 — — 664 
Legal and professional607 80 — 687 
Loan and collection657 — — 657 
Communications514 5 — 519 
Other1,888 186 — 2,074 
Total Non-interest Expense32,188 427 (32)32,583 
Income Before Income Tax18,460 (1,131)(38)17,291 
Income tax expense3,725 (237)(7)3,481 
Net Income$14,735 $(894)$(31)$13,810 
OTHER SEGMENT DISCLOSURES
Depreciation
1,283 — — 1,283 
Amortization
129 — — 129 
Total assets
5,254,269 541,422 (536,423)5,259,268 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Nine Months Ended September 30, 2025
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$178,419 $— $209 $178,628 
Interest on securities19,802 — — 19,802 
Other investments3,882 1,082 (1,082)3,882 
Total Interest Income202,103 1,082 (873)202,312 
INTEREST EXPENSE
Deposits64,471 — (1,082)63,389 
Other borrowings and subordinated debt and debentures585 4,677 — 5,262 
Total Interest Expense65,056 4,677 (1,082)68,651 
Net Interest Income137,047 (3,595)209 133,661 
Provision for credit losses4,212 — — 4,212 
Net Interest Income After Provision for Credit Losses132,835 (3,595)209 129,449 
NON-INTEREST INCOME
Interchange income
10,674 — — 10,674 
Service charges on deposit accounts
8,926 — — 8,926 
Net gains on mortgage loans
5,231 — 177 5,408 
Mortgage loan servicing, net(72)— — (72)
Other8,429 938 (617)8,750 
Total Non-interest Income33,188 938 (440)33,686 
NON-INTEREST EXPENSE
Compensation and employee benefits62,329 409 (107)62,631 
Data processing11,302 58 — 11,360 
Occupancy, net6,378 18 — 6,396 
Interchange expense3,476 — — 3,476 
Furniture, fixtures and equipment2,568 2 — 2,570 
Advertising2,213 7 — 2,220 
FDIC deposit insurance1,963 — — 1,963 
Legal and professional1,325 336 — 1,661 
Loan and collection2,148 — — 2,148 
Communications1,507 19 — 1,526 
Other5,609 595 — 6,204 
Total Non-interest Expense100,818 1,444 (107)102,155 
Income Before Income Tax65,205 (4,101)(124)60,980 
Income tax expense12,232 (1,195)(26)11,011 
Net Income$52,973 $(2,906)$(98)$49,969 
OTHER SEGMENT DISCLOSURES
Depreciation
3,721 1 — 3,722 
Amortization
365 — — 365 
Total assets
5,486,851 538,943 (532,681)5,493,113 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Nine Months Ended September 30, 2024
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$170,050 $— $189 $170,239 
Interest on securities24,661 — — 24,661 
Other investments4,898 1,320 (1,320)4,898 
Total Interest Income199,609 1,320 (1,131)199,798 
INTEREST EXPENSE
Deposits71,468 — (1,320)70,148 
Other borrowings and subordinated debt and debentures1,856 4,397 — 6,253 
Total Interest Expense73,324 4,397 (1,320)76,401 
Net Interest Income126,285 (3,077)189 123,397 
Provision for credit losses2,251 — — 2,251 
Net Interest Income After Provision for Credit Losses124,034 (3,077)189 121,146 
NON-INTEREST INCOME
Interchange income
10,698 — — 10,698 
Service charges on deposit accounts
8,894 — — 8,894 
Net gains on mortgage loans
4,750 — 124 4,874 
Mortgage loan servicing, net1,686 — — 1,686 
Other10,809 754 (474)11,089 
Total Non-interest Income36,837 754 (350)37,241 
NON-INTEREST EXPENSE
Compensation and employee benefits61,795 356 (82)62,069 
Data processing9,836 55 — 9,891 
Occupancy, net5,835 018 — 5,853 
Interchange expense3,373 — — 3,373 
Furniture, fixtures and equipment2,831 3 — 2,834 
Advertising1,854 6 — 1,860 
FDIC deposit insurance2,141 — — 2,141 
Legal and professional1,417 300 — 1,717 
Loan and collection1,868 — — 1,868 
Communications1,617 16 — 1,633 
Other4,306 564 — 4,870 
Total Non-interest Expense96,873 1,318 (82)98,109 
Income Before Income Tax63,998 (3,641)(79)60,278 
Income tax expense12,765 (800)(16)11,949 
Net Income$51,233 $(2,841)$(63)$48,329 
OTHER SEGMENT DISCLOSURES
Depreciation
3,879 2 — 3,881 
Amortization
387 — — 387 
Total assets
5,254,269 541,422 (536,423)5,259,268 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
v3.25.3
Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2025
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
v3.25.3
New Accounting Standards (Policies)
 9 Months Ended
Sep. 30, 2025
Accounting Standards Update and Change in Accounting Principle [Abstract]  
New Accounting Standards
In December, 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This ASU also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. This ASU takes effect in annual reporting periods beginning after December 15, 2024, with early adoption permitted. The adoption of this ASU on January 1, 2025, did not have a material impact on our interim Condensed Consolidated Financial Statements.
In December, 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires public business entities to disaggregate certain expense captions into specific categories in disclosures within the footnotes to the consolidated financial statements. This ASU takes effect in annual reporting periods beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. We do not expect the adoption of this ASU to have a material impact on our interim Condensed Consolidated Financial Statements.
v3.25.3
Securities (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-Sale
Securities available for sale (“AFS”) consist of the following:
Amortized
Cost		Unrealized
GainsLossesFair Value
(In thousands)
September 30, 2025
U.S. agency$8,509 $1 $439 $8,071 
U.S. agency residential mortgage-backed85,014 117 6,935 78,196 
U.S. agency commercial mortgage-backed8,362 — 907 7,455 
Private label mortgage-backed44,358 262 2,684 41,936 
Other asset backed32,548 24 443 32,129 
Obligations of states and political subdivisions320,802 — 41,187 279,615 
Corporate56,080 11 1,891 54,200 
Trust preferred989 — 8 981 
Total$556,662 $415 $54,494 $502,583 
   
December 31, 2024   
U.S. agency$8,858 $1 $700 $8,159 
U.S. agency residential mortgage-backed80,589 47 9,499 71,137 
U.S. agency commercial mortgage-backed12,821 — 1,180 11,641 
Private label mortgage-backed74,268 263 4,496 70,035 
Other asset backed39,232 18 734 38,516 
Obligations of states and political subdivisions330,874 14 42,097 288,791 
Corporate73,960 — 4,039 69,921 
Trust preferred986 — 4 982 
Total$621,588 $343 $62,749 $559,182 
Schedule of Debt Securities, Held-to-Maturity
Securities held to maturity (“HTM”) consist of the following:
Carrying
Value		Transferred
Unrealized
Loss (1)		ACLAmortized
Cost		UnrealizedFair Value
GainsLosses
(In thousands)
September 30, 2025
U.S. agency$23,119 $1,280 $— $24,399 $— $3,929 $20,470 
U.S. agency residential mortgage-backed94,648 7,916 — 102,564 — 19,715 82,849 
U.S. agency commercial mortgage-backed3,926 76 — 4,002 — 261 3,741 
Private label mortgage-backed7,310 106 2 7,418 — 315 7,103 
Obligations of states and political subdivisions150,784 4,089 19 154,892 43 15,366 139,569 
Corporate40,706 260 67 41,033 — 2,523 38,510 
Trust preferred957 39 4 1,000 — — 1,000 
Total$321,450 $13,766 $92 $335,308 $43 $42,109 $293,242 
December 31, 2024
U.S. agency$24,150 $1,404 $— $25,554 $— $4,987 $20,567 
U.S. agency residential mortgage-backed100,700 8,669 — 109,369 — 24,631 84,738 
U.S. agency commercial mortgage-backed4,013 107 — 4,120 — 402 3,718 
Private label mortgage-backed7,350 190 1 7,541 — 551 6,990 
Obligations of states and political subdivisions156,305 5,262 17 161,584 28 19,461 142,151 
Corporate45,964 496 111 46,571 — 3,875 42,696 
Trust preferred954 43 3 1,000 — — 1,000 
Total$339,436 $16,171 $132 $355,739 $28 $53,907 $301,860 
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
Our investments' gross unrealized losses and fair values for securities AFS aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position follows:
Less Than Twelve MonthsTwelve Months or MoreTotal
Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
(In thousands)
September 30, 2025
U.S. agency$1,232 $7 $6,710 $432 $7,942 $439 
U.S. agency residential mortgage-backed6,395 11 50,236 6,924 56,631 6,935 
U.S. agency commercial mortgage-backed— — 7,456 907 7,456 907 
Private label mortgage-backed— — 40,298 2,684 40,298 2,684 
Other asset backed1,021 4 25,368 439 26,389 443 
Obligations of states and political subdivisions155 10 279,299 41,177 279,454 41,187 
Corporate— — 52,503 1,891 52,503 1,891 
Trust preferred— — 982 8 982 8 
Total$8,803 $32 $462,852 $54,462 $471,655 $54,494 
December 31, 2024
U.S. agency$324 $1 $7,565 $699 $7,889 $700 
U.S. agency residential mortgage-backed147 — 61,219 9,499 61,366 9,499 
U.S. agency commercial mortgage-backed— — 11,641 1,180 11,641 1,180 
Private label mortgage-backed2,551 8 66,411 4,488 68,962 4,496 
Other asset backed3,984 19 27,052 715 31,036 734 
Obligations of states and political subdivisions221 1 288,570 42,096 288,791 42,097 
Corporate1,473 23 68,448 4,016 69,921 4,039 
Trust preferred— — 982 4 982 4 
Total$8,700 $52 $531,888 $62,697 $540,588 $62,749 
Schedule of Debt Securities, Held-to-Maturity, Credit Quality The carrying value of securities HTM aggregated by credit quality follow:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Carrying
Value
Total
(In thousands)
September 30, 2025
Credit rating:
AAA$7,310 $17,764 $— $— $25,074 
AA— 117,374 — — 117,374 
A— 1,886 5,003 — 6,889 
BBB— 443 30,751 — 31,194 
BB
— — 1,979 — 1,979 
Non-rated— 13,317 2,973 957 17,247 
Total$7,310 $150,784 $40,706 $957 $199,757 
December 31, 2024
Credit rating:
AAA$7,350 $34,973 $— $— $42,323 
AA— 101,112 — — 101,112 
A— 3,473 5,005 — 8,478 
BBB— 652 36,045 — 36,697 
BB— — 1,963 — 1,963 
Non-rated— 16,095 2,951 954 20,000 
Total$7,350 $156,305 $45,964 $954 $210,573 
Schedule of Debt Securities, Held-to-Maturity, Allowance for Credit Loss
An analysis of the allowance for credit losses by security HTM type for the three months ended September 30 follows:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Total
(In thousands)
2025
Balance at beginning of period$1 $17 $111 $4 $133 
Additions (deductions)   
Provision for credit losses1 2 (44)— (41)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$2 $19 $67 $4 $92 
2024
Balance at beginning of period$4 $31 $116 $4 $155 
Additions (deductions)
Provision for credit losses(3)(14)(5)— (22)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$1 $17 $111 $4 $133 
An analysis of the allowance for credit losses by security HTM type for the nine months ended September 30 follows:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Total
(In thousands)
2025
Balance at beginning of period$1 $17 $111 $3 $132 
Additions (deductions)
Provision for credit losses1 2 (44)1 (40)
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$2 $19 $67 $4 $92 
2024
Balance at beginning of period$4 $33 $116 $4 $157 
Additions (deductions)
Provision for credit losses(3)(16)(1,130)— (1,149)
Recoveries credited to the allowance— — 1,125 — 1,125 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$1 $17 $111 $4 $133 
Schedule of Investments Classified by Contractual Maturity Date
The amortized cost and fair value of securities AFS and securities HTM at September 30, 2025, by contractual maturity, follow:
Securities AFSSecurities HTM
Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
(In thousands)
Maturing within one year$24,490 $24,216 $13,117 $12,967 
Maturing after one year but within five years127,044 120,736 48,794 46,630 
Maturing after five years but within ten years42,007 38,417 91,368 82,613 
Maturing after ten years192,839 159,498 68,045 57,339 
386,380 342,867 221,324 199,549 
U.S. agency residential mortgage-backed85,014 78,196 102,564 82,849 
U.S. agency commercial mortgage-backed8,362 7,455 4,002 3,741 
Private label mortgage-backed44,358 41,936 7,418 7,103 
Other asset backed32,548 32,129 — — 
Total$556,662 $502,583 $335,308 $293,242 
Schedule of Gains and Losses Realized on Sale of Securities Available for Sale A summary of proceeds from the sale of securities AFS and gains and losses for the nine month periods ending September 30, follows:
Realized
ProceedsGainsLosses
(In thousands)
2025$30,581 $37 $392 
202439,431 14 428 
v3.25.3
Loans (Tables)
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Financing Receivable, Current, Allowance for Credit Loss
An analysis of the allowance for credit losses by portfolio segment for the three months ended September 30, follows:
Commercial Mortgage Installment Subjective
Allocation 		Total
(In thousands)
2025
Balance at beginning of period$25,890 $20,752 $3,015 $11,500 $61,157 
Additions (deductions)   
Provision for credit losses2,587 (231)470 (794)2,032 
Recoveries credited to the allowance7 35 431 — 473 
Loans charged against the allowance— (10)(1,193)— (1,203)
Balance at end of period$28,484 $20,546 $2,723 $10,706 $62,459 
2024
Balance at beginning of period$18,979 $20,731 $3,901 $12,630 $56,241 
Additions (deductions)  
Provision for credit losses1,082 (1,004)1,156 276 1,510 
Recoveries credited to the allowance101 131 479 — 711 
Loans charged against the allowance— (26)(992)— (1,018)
Balance at end of period$20,162 $19,832 $4,544 $12,906 $57,444 
An analysis of the ACL by portfolio segment for the nine months ended September 30, follows:
Commercial Mortgage Installment Subjective
Allocation 		Total
(In thousands)
2025
Balance at beginning of period$22,872 $22,317 $3,040 $11,150 $59,379 
Additions (deductions)    
Provision for credit losses5,617 (1,850)929 (444)4,252 
Recoveries credited to the allowance73 205 1,326 — 1,604 
Loans charged against the allowance(78)(126)(2,572)— (2,776)
Balance at end of period$28,484 $20,546 $2,723 $10,706 $62,459 
    
2024    
Balance at beginning of period$16,724 $21,386 $4,126 $12,422 $54,658 
Additions (deductions)    
Provision for credit losses3,199 (1,524)1,241 484 3,400 
Recoveries credited to the allowance239 270 1,597 — 2,106 
Loans charged against the allowance— (300)(2,420)— (2,720)
Balance at end of period$20,162 $19,832 $4,544 $12,906 $57,444 
Schedule of Financing Receivable, Nonaccrual
Loans on non-accrual status and past due more than 90 days (“Non-performing Loans”) follow:
Non-
Accrual
with no
Allowance
for Credit
Loss		Non-
Accrual
with an
Allowance
for Credit
Loss		Total
Non-
Accrual		90+ and
Still
Accruing		Total Non-
Performing
Loans
(In thousands)
September 30, 2025
Commercial
Commercial and industrial (1)$— $— $— $— $— 
Commercial real estate— 13,825 13,825 — 13,825 
Mortgage
1-4 family owner occupied - jumbo1,480 — 1,480 — 1,480 
1-4 family owner occupied - non-jumbo (2)1,659 718 2,377 — 2,377 
1-4 family non-owner occupied139 93 232 — 232 
1-4 family - 2nd lien725 759 1,484 — 1,484 
Resort lending— 57 57 — 57 
Installment
Boat lending— 400 400 — 400 
Recreational vehicle lending— 288 288 — 288 
Other— 212 212 — 212 
Total
$4,003 $16,352 $20,355 $— $20,355 
Accrued interest excluded from total$— $— $— $— $— 
December 31, 2024
Commercial
Commercial and industrial (1)$— $49 $49 $— $49 
Commercial real estate— — — — — 
Mortgage
1-4 family owner occupied - jumbo1,480 — 1,480 — 1,480 
1-4 family owner occupied - non-jumbo (2)1,929 496 2,425 — 2,425 
1-4 family non-owner occupied— 157 157 — 157 
1-4 family - 2nd lien246 769 1,015 — 1,015 
Resort lending— 143 143 — 143 
Installment
Boat lending— 209 209 — 209 
Recreational vehicle lending— 377 377 — 377 
Other— 147 147 — 147 
Total$3,655 $2,347 $6,002 $— $6,002 
Accrued interest excluded from total$— $— $— $— $— 
(1)Non-performing commercial and industrial loans exclude zero and $0.005 million of government guaranteed loans at September 30, 2025 and December 31, 2024, respectively.
(2)Non-performing 1-4 family owner occupied – non jumbo loans exclude $2.243 million and $1.785 million of government guaranteed loans at September 30, 2025 and December 31, 2024, respectively.
Schedule of Amortized Cost of Collateral-dependent Loans by Class
The amortized cost of collateral-dependent loans by class follows:
Collateral TypeAllowance
for
Credit Losses
Real
Estate
Other (1)
(In thousands)
September 30, 2025
Commercial
Commercial and industrial$687 $9,180 $1,481 
Commercial real estate15,012 — 3,459 
Mortgage   
1-4 family owner occupied - jumbo1,480 — — 
1-4 family owner occupied - non-jumbo2,688 — 366 
1-4 family non-owner occupied154 — 5 
1-4 family - 2nd lien1,032 — 109 
Resort lending57 — 20 
Installment
Boat lending— 318 113 
Recreational vehicle lending— 215 76 
Other— 88 31 
Total$21,110 $9,801 $5,660 
Accrued interest excluded from total$8 $56  
December 31, 2024
Commercial
Commercial and industrial$686 $5,166 $1,647 
Commercial real estate817 — 3 
Mortgage
1-4 family owner occupied - jumbo1,480 — — 
1-4 family owner occupied - non-jumbo2,903 — 347 
1-4 family non-owner occupied— — — 
1-4 family - 2nd lien510 — 94 
Resort lending143 — 51 
Installment
Boat lending— 87 31 
Recreational vehicle lending— 266 94 
Other— 92 33 
Total$6,539 $5,611 $2,300 
Accrued interest excluded from total$5 $34  
(1) Commercial and industrial loan collateral generally includes machinery and equipment, accounts receivable, and inventory.
Schedule of Aging Analysis of Loans by Class
An aging analysis of loans by class follows:
Loans Past DueLoans not
Past Due		Total
Loans
30-59 days60-89 days90+ daysTotal
(In thousands)
September 30, 2025
Commercial
Commercial and industrial$— $— $— $— $1,118,967 $1,118,967 
Commercial real estate— — — — 1,006,086 1,006,086 
Mortgage
1-4 family owner occupied - jumbo662 1,402 1,491 3,555 875,248 878,803 
1-4 family owner occupied - non-jumbo1,371 1,169 1,337 3,877 284,743 288,620 
1-4 family non-owner occupied61 36 140 237 169,001 169,238 
1-4 family - 2nd lien721 309 411 1,441 151,749 153,190 
Resort lending— 115 57 172 27,633 27,805 
Installment
Boat lending199 35 318 552 278,853 279,405 
Recreational vehicle lending627 251 192 1,070 199,274 200,344 
Other324 162 63 549 75,276 75,825 
Total$3,965 $3,479 $4,009 $11,453 $4,186,830 $4,198,283 
Accrued interest excluded from total$32 $36 $— $68 $14,089 $14,157 
December 31, 2024
Commercial
Commercial and industrial$78 $— $54 $132 $1,001,197 $1,001,329 
Commercial real estate— — — — 936,035 936,035 
Mortgage
1-4 family owner occupied - jumbo755 664 1,480 2,899 872,652 875,551 
1-4 family owner occupied - non-jumbo3,395 1,653 1,201 6,249 292,893 299,142 
1-4 family non-owner occupied329 — — 329 176,621 176,950 
1-4 family - 2nd lien648 66 345 1,059 132,888 133,947 
Resort lending— — 143 143 30,993 31,136 
Installment
Boat lending281 99 87 467 263,874 264,341 
Recreational vehicle lending622 395 190 1,207 223,330 224,537 
Other231 158 25 414 95,443 95,857 
Total$6,339 $3,035 $3,525 $12,899 $4,025,926 $4,038,825 
Accrued interest excluded from total$65 $44 $— $109 $13,352 $13,461 
Schedule of Loan Ratings by Loan Class
The following tables summarize loan ratings by loan class for our commercial portfolio loan segment at September 30, 2025 and December 31, 2024:
Commercial
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025
Commercial and industrial
Non-watch (1-6)$134,978 $193,874 $137,933 $115,430 $59,345 $151,690 $297,535 $1,090,785 
Watch (7-8)146 1,953 2,848 935 1,270 6,940 4,224 18,316 
Substandard Accrual (9)— 1,845 — — 881 290 6,850 9,866 
Non-Accrual (10-11)— — — — — — — — 
Total$135,124 $197,672 $140,781 $116,365 $61,496 $158,920 $308,609 $1,118,967 
Accrued interest excluded from total$376 $557 $465 $292 $143 $626 $1,198 $3,657 
Current period gross charge-offs$— $— $78 $— $— $— $— $78 
Commercial real estate
Non-watch (1-6)$133,658 $165,637 $171,323 $165,496 $70,317 $185,779 $59,315 $951,525 
Watch (7-8)8,232 1,317 8,096 16,588 — 4,967 346 39,546 
Substandard Accrual (9)— — 401 — 129 660 — 1,190 
Non-Accrual (10-11)— — 13,825 — — — — 13,825 
Total$141,890 $166,954 $193,645 $182,084 $70,446 $191,406 $59,661 $1,006,086 
Accrued interest excluded from total$454 $574 $520 $624 $146 $653 $224 $3,195 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Total Commercial
Non-watch (1-6)$268,636 $359,511 $309,256 $280,926 $129,662 $337,469 $356,850 $2,042,310 
Watch (7-8)8,378 3,270 10,944 17,523 1,270 11,907 4,570 57,862 
Substandard Accrual (9)— 1,845 401 — 1,010 950 6,850 11,056 
Non-Accrual (10-11)— — 13,825 — — — — 13,825 
Total$277,014 $364,626 $334,426 $298,449 $131,942 $350,326 $368,270 $2,125,053 
Accrued interest excluded from total$830 $1,131 $985 $916 $289 $1,279 $1,422 $6,852 
Current period gross charge-offs$— $— $78 $— $— $— $— $78 
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis 		Total
20242023202220212020Prior
(In thousands)
December 31, 2024
Commercial and industrial
Non-watch (1-6)$183,261 $137,270 $142,630 $71,225 $72,928 $106,086 $242,573 $955,973 
Watch (7-8)10,348 3,055 1,251 9,002 5,636 336 2,104 31,732 
Substandard Accrual (9)2,693 2,052 1,642 2,208 267 195 4,513 13,570 
Non-Accrual (10-11)— — — 47 — 7 — 54 
Total$196,302 $142,377 $145,523 $82,482 $78,831 $106,624 $249,190 $1,001,329 
Accrued interest excluded from total$612 $478 $361 $217 $342 $341 $959 $3,310 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Commercial real estate
Non-watch (1-6)$142,154 $236,390 $153,321 $75,053 $49,969 $166,966 $72,879 $896,732 
Watch (7-8)— — 16,007 — — 4,400 18,079 38,486 
Substandard Accrual (9)— — — 135 — 682 — 817 
Non-Accrual (10-11)— — — — — — — — 
Total$142,154 $236,390 $169,328 $75,188 $49,969 $172,048 $90,958 $936,035 
Accrued interest excluded from total$608 $632 $628 $166 $131 $658 $363 $3,186 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Total Commercial
Non-watch (1-6)$325,415 $373,660 $295,951 $146,278 $122,897 $273,052 $315,452 $1,852,705 
Watch (7-8)10,348 3,055 17,258 9,002 5,636 4,736 20,183 70,218 
Substandard Accrual (9)2,693 2,052 1,642 2,343 267 877 4,513 14,387 
Non-Accrual (10-11)— — — 47 — 7 — 54 
Total$338,456 $378,767 $314,851 $157,670 $128,800 $278,672 $340,148 $1,937,364 
Accrued interest excluded from total$1,220 $1,110 $989 $383 $473 $999 $1,322 $6,496 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
For each of our mortgage and installment portfolio segment classes, we generally monitor credit quality based on the credit scores of the borrowers. These credit scores are generally updated semi-annually.
The following tables summarize credit scores by loan class for our mortgage and installment loan portfolio segments at September 30, 2025 and December 31, 2024:
Mortgage (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025
1-4 family owner occupied - jumbo
800 and above$8,154 $5,850 $10,895 $39,616 $59,830 $31,923 $709 $156,977 
750-79929,151 34,883 33,679 89,609 184,279 81,095 1,148 453,844 
700-74914,630 16,074 13,007 40,329 54,308 31,822 2,494 172,664 
650-6995,056 4,115 7,639 15,332 14,096 18,197 — 64,435 
600-6491,129 746 3,569 6,936 1,574 4,604 — 18,558 
550-599— 871 995 2,626 1,677 2,068 — 8,237 
500-549— — — 681 725 1,959 — 3,365 
Under 500— — — — — 723 — 723 
Unknown— — — — — — — — 
Total$58,120 $62,539 $69,784 $195,129 $316,489 $172,391 $4,351 $878,803 
Accrued interest excluded from total$265 $307 $353 $595 $716 $460 $38 $2,734 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
1-4 family owner occupied - non-jumbo
800 and above$3,699 $1,312 $3,317 $12,283 $9,875 $15,521 $4,602 $50,609 
750-7996,470 7,607 11,573 29,361 21,473 28,383 14,934 119,801 
700-7491,585 4,490 5,653 9,416 8,829 26,194 4,289 60,456 
650-6991,822 1,647 939 4,979 2,583 14,992 1,536 28,498 
600-649468 — 214 1,743 1,844 6,257 207 10,733 
550-599— 295 492 579 1,239 6,780 55 9,440 
500-549— — — 739 263 5,714 129 6,845 
Under 500— 85 — 420 98 1,611 24 2,238 
Unknown— — — — — — — — 
Total$14,044 $15,436 $22,188 $59,520 $46,204 $105,452 $25,776 $288,620 
Accrued interest excluded from total$91 $123 $93 $193 $109 $395 $192 $1,196 
Current period gross charge-offs$— $— $— $19 $6 $5 $— $30 
1-4 family non-owner occupied
800 and above$2,006 $2,096 $2,684 $5,055 $11,718 $10,486 $546 $34,591 
750-7997,841 12,530 9,536 13,117 25,707 20,297 1,716 90,744 
700-7491,244 4,017 3,340 5,876 3,603 9,821 1,575 29,476 
650-6991,161 26 533 243 3,273 5,525 226 10,987 
600-649— — 33 60 451 1,461 57 2,062 
550-599— — — — 51 598 — 649 
500-549— — — 369 — 178 — 547 
Under 500— — — — — 182 — 182 
Unknown— — — — — — — — 
Total$12,252 $18,669 $16,126 $24,720 $44,803 $48,548 $4,120 $169,238 
Accrued interest excluded from total$54 $104 $80 $94 $118 $190 $29 $669 
Current period gross charge-offs$— $— $— $— $— $10 $— $10 
Mortgage - continued (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20252024202320222021Prior
(In thousands)
September 30, 2025 - continued
1-4 family - 2nd lien
800 and above$1,803 $219 $543 $661 $581 $2,067 $16,098 $21,972 
750-7992,787 3,044 2,646 1,710 2,914 3,637 54,000 70,738 
700-7491,148 1,406 1,078 1,731 648 2,258 29,196 37,465 
650-699387 198 446 418 387 1,706 11,339 14,881 
600-649— 40 230 22 345 582 2,266 3,485 
550-599— — 397 78 54 562 1,061 2,152 
500-549— — 84 163 231 1,068 438 1,984 
Under 500— — 297 — — 216 — 513 
Unknown— — — — — — — — 
Total$6,125 $4,907 $5,721 $4,783 $5,160 $12,096 $114,398 $153,190 
Accrued interest excluded from total$21 $18 $27 $18 $14 $41 $805 $944 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Resort lending
800 and above$— $— $23 $— $411 $3,326 $— $3,760 
750-799121 — — 604 471 12,767 — 13,963 
700-749— — — — — 4,391 — 4,391 
650-699— — — — 292 4,456 — 4,748 
600-649— — — — — 549 — 549 
550-599— — — — — 394 — 394 
500-549— — — — — — — — 
Under 500— — — — — — — — 
Unknown— — — — — — — — 
Total$121 $— $23 $604 $1,174 $25,883 $— $27,805 
Accrued interest excluded from total$1 $— $— $2 $3 $138 $— $144 
Current period gross charge-offs$— $— $— $— $— $86 $— $86 
Total Mortgage
800 and above$15,662 $9,477 $17,462 $57,615 $82,415 $63,323 $21,955 $267,909 
750-79946,370 58,064 57,434 134,401 234,844 146,179 71,798 749,090 
700-74918,607 25,987 23,078 57,352 67,388 74,486 37,554 304,452 
650-6998,426 5,986 9,557 20,972 20,631 44,876 13,101 123,549 
600-6491,597 786 4,046 8,761 4,214 13,453 2,530 35,387 
550-599— 1,166 1,884 3,283 3,021 10,402 1,116 20,872 
500-549— — 84 1,952 1,219 8,919 567 12,741 
Under 500— 85 297 420 98 2,732 24 3,656 
Unknown— — — — — — — — 
Total$90,662 $101,551 $113,842 $284,756 $413,830 $364,370 $148,645 $1,517,656 
Accrued interest excluded from total$432 $552 $553 $902 $960 $1,224 $1,064 $5,687 
Current period gross charge-offs$— $— $— $19 $6 $101 $— $126 
Mortgage (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20242023202220212020Prior
(In thousands)
December 31, 2024
1-4 family owner occupied - jumbo
800 and above$5,009 $12,192 $37,147 $51,242 $22,126 $14,291 $— $142,007 
750-79933,118 43,013 106,378 194,725 58,703 35,103 1,275 472,315 
700-74913,981 13,602 40,219 68,687 17,552 11,669 450 166,160 
650-6994,537 10,286 19,366 15,736 6,937 6,555 1,500 64,917 
600-649— 2,265 9,528 1,636 2,288 4,619 — 20,336 
550-599746 — 2,414 1,086 2,803 — — 7,049 
500-549— — — — 900 664 — 1,564 
Under 500— 485 — — — 718 — 1,203 
Unknown— — — — — — — — 
Total$57,391 $81,843 $215,052 $333,112 $111,309 $73,619 $3,225 $875,551 
Accrued interest excluded from total$264 $377 $634 $712 $264 $238 $31 $2,520 
Current period gross charge-offs$— $— $22 $— $— $— $— $22 
1-4 family owner occupied - non-jumbo
800 and above$1,919 $2,113 $14,018 $8,928 $3,089 $9,138 $4,066 $43,271 
750-79912,472 10,604 26,405 21,548 14,028 23,586 10,429 119,072 
700-7497,927 7,110 12,810 9,598 5,492 21,692 4,231 68,860 
650-6998,258 2,758 5,586 4,885 2,262 12,820 1,848 38,417 
600-649682 126 1,001 762 2,459 6,757 180 11,967 
550-599— 213 365 794 996 3,438 40 5,846 
500-54987 — 1,523 948 278 5,780 — 8,616 
Under 500— — — 98 652 2,343 — 3,093 
Unknown— — — — — — — — 
Total$31,345 $22,924 $61,708 $47,561 $29,256 $85,554 $20,794 $299,142 
Accrued interest excluded from total$105 $139 $195 $113 $77 $368 $163 $1,160 
Current period gross charge-offs$— $— $— $23 $— $22 $— $45 
1-4 family non-owner occupied
800 and above$4,122 $1,557 $7,468 $12,757 $4,204 $6,975 $897 $37,980 
750-79911,433 12,831 15,929 25,543 9,920 16,439 2,539 94,634 
700-7493,372 3,218 6,289 6,401 1,308 6,131 2,072 28,791 
650-6991,016 431 297 4,115 2,552 3,560 332 12,303 
600-649— — — — 410 930 108 1,448 
550-599— 38 — — — 919 — 957 
500-549— — 369 51 — 221 — 641 
Under 500— — — — — 196 — 196 
Unknown— — — — — — — — 
Total$19,943 $18,075 $30,352 $48,867 $18,394 $35,371 $5,948 $176,950 
Accrued interest excluded from total$84 $85 $119 $134 $48 $166 $44 $680 
Current period gross charge-offs$— $— $— $— $— $158 $— $158 
Mortgage - continued (1)
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans
Amortized
Cost Basis		Total
20242023202220212020Prior
(In thousands)
December 31, 2024 - (continued)
1-4 family - 2nd lien
800 and above$751 $249 $219 $185 $1,161 $859 $12,245 $15,669 
750-7993,209 2,717 2,290 3,065 1,604 3,825 44,896 61,606 
700-7491,358 942 1,898 1,239 932 2,123 26,687 35,179 
650-699268 450 655 313 251 1,385 10,979 14,301 
600-649— 39 204 197 328 769 2,084 3,621 
550-599— 297 37 51 — 357 512 1,254 
500-549— 59 101 95 — 768 919 1,942 
Under 500— — 20 — — 350 5 375 
Unknown— — — — — — — — 
Total$5,586 $4,753 $5,424 $5,145 $4,276 $10,436 $98,327 $133,947 
Accrued interest excluded from total$19 $23 $18 $11 $13 $42 $720 $846 
Current period gross charge-offs$— $— $— $— $— $3 $22 $25 
Resort lending
800 and above$— $— $— $534 $— $4,079 $— $4,613 
750-799— 39 639 740 724 12,845 — 14,987 
700-749— — 268 — 212 4,851 — 5,331 
650-699— — — — 354 4,622 — 4,976 
600-649— — — — — 1,051 — 1,051 
550-599— — — — — 92 — 92 
500-549— — — — — 86 — 86 
Under 500— — — — — — — — 
Unknown— — — — — — — — 
Total$— $39 $907 $1,274 $1,290 $27,626 $— $31,136 
Accrued interest excluded from total$— $— $4 $3 $4 $140 $— $151 
Current period gross charge-offs$— $— $— $— $— $50 $— $50 
Total Mortgage
800 and above$11,801 $16,111 $58,852 $73,646 $30,580 $35,342 $17,208 $243,540 
750-79960,232 69,204 151,641 245,621 84,979 91,798 59,139 762,614 
700-74926,638 24,872 61,484 85,925 25,496 46,466 33,440 304,321 
650-69914,079 13,925 25,904 25,049 12,356 28,942 14,659 134,914 
600-649682 2,430 10,733 2,595 5,485 14,126 2,372 38,423 
550-599746 548 2,816 1,931 3,799 4,806 552 15,198 
500-54987 59 1,993 1,094 1,178 7,519 919 12,849 
Under 500— 485 20 98 652 3,607 5 4,867 
Unknown— — — — — — — — 
Total$114,265 $127,634 $313,443 $435,959 $164,525 $232,606 $128,294 $1,516,726 
Accrued interest excluded from total$472 $624 $970 $973 $406 $954 $958 $5,357 
Current period gross charge-offs$— $— $22 $23 $— $233 $22 $300 
(1)Credit scores have been updated within the last twelve months.
Installment (1)
Term Loans Amortized Cost Basis by Origination Year
20252024202320222021PriorTotal
(In thousands)
September 30, 2025
Boat lending
800 and above$8,642 $4,290 $7,205 $7,795 $6,530 $10,664 $45,126 
750-79930,763 21,874 25,400 22,955 22,194 30,864 154,050 
700-74910,039 11,858 7,825 11,108 8,671 11,428 60,929 
650-6991,031 2,308 2,241 2,506 1,983 3,541 13,610 
600-649204 485 480 584 504 998 3,255 
550-59953 81 68 311 418 533 1,464 
500-549— 103 104 198 190 174 769 
Under 500— — 35 133 — 34 202 
Unknown— — — — — — — 
Total$50,732 $40,999 $43,358 $45,590 $40,490 $58,236 $279,405 
Accrued interest excluded from total$174 $162 $167 $104 $91 $125 $823 
Current period gross charge-offs$— $13 $— $247 $28 $79 $367 
Recreational vehicle lending
800 and above$660 $948 $3,635 $9,099 $8,302 $8,583 $31,227 
750-7993,895 9,232 9,158 30,951 28,395 18,304 99,935 
700-7491,040 3,921 5,055 12,181 15,017 8,264 45,478 
650-699121 963 1,688 4,718 4,489 2,766 14,745 
600-649— 323 526 995 1,677 691 4,212 
550-5997 137 284 576 1,109 535 2,648 
500-549— 39 131 387 604 374 1,535 
Under 500— 69 73 202 171 49 564 
Unknown— — — — — — — 
Total$5,723 $15,632 $20,550 $59,109 $59,764 $39,566 $200,344 
Accrued interest excluded from total$23 $57 $73 $144 $136 $88 $521 
Current period gross charge-offs$— $11 $140 $232 $399 $109 $891 
Other
800 and above$1,759 $537 $1,188 $1,228 $671 $1,026 $6,409 
750-7998,060 7,125 5,472 5,024 2,958 5,197 33,836 
700-7495,323 4,749 3,679 3,362 2,158 3,416 22,687 
650-6992,407 1,708 1,294 810 732 1,196 8,147 
600-649124 580 271 457 207 437 2,076 
550-599— 189 231 254 144 267 1,085 
500-549— 74 150 202 171 129 726 
Under 500— 11 25 33 29 32 130 
Unknown729 — — — — — 729 
Total$18,402 $14,973 $12,310 $11,370 $7,070 $11,700 $75,825 
Accrued interest excluded from total$57 $63 $46 $28 $17 $63 $274 
Current period gross charge-offs$1,092 $38 $32 $58 $29 $65 $1,314 
Total installment
800 and above$11,061 $5,775 $12,028 $18,122 $15,503 $20,273 $82,762 
750-79942,718 38,231 40,030 58,930 53,547 54,365 287,821 
700-74916,402 20,528 16,559 26,651 25,846 23,108 129,094 
650-6993,559 4,979 5,223 8,034 7,204 7,503 36,502 
600-649328 1,388 1,277 2,036 2,388 2,126 9,543 
550-59960 407 583 1,141 1,671 1,335 5,197 
500-549— 216 385 787 965 677 3,030 
Under 500— 80 133 368 200 115 896 
Unknown729 — — — — — 729 
Total$74,857 $71,604 $76,218 $116,069 $107,324 $109,502 $555,574 
Accrued interest excluded from total$254 $282 $286 $276 $244 $276 $1,618 
Current period gross charge-offs$1,092 $62 $172 $537 $456 $253 $2,572 
Installment - continued (1)
Term Loans Amortized Cost Basis by Origination Year
20242023202220212020PriorTotal
(In thousands)
December 31, 2024
Boat lending
800 and above$6,125 $6,702 $8,231 $7,492 $3,512 $9,079 $41,141 
750-79926,320 29,173 28,608 24,858 11,604 26,792 147,355 
700-74911,397 9,487 11,342 9,807 4,177 9,137 55,347 
650-6992,722 2,888 2,516 2,419 1,191 3,111 14,847 
600-649504 438 1,104 364 148 775 3,333 
550-599— 215 464 394 76 301 1,450 
500-54927 — 135 199 140 238 739 
Under 500— 35 14 — — 80 129 
Unknown— — — — — — — 
Total$47,095 $48,938 $52,414 $45,533 $20,848 $49,513 $264,341 
Accrued interest excluded from total$179 $178 $124 $104 $50 $101 $736 
Current period gross charge-offs$— $8 $31 $8 $49 $53 $149 
Recreational vehicle lending
800 and above$1,365 $4,270 $11,721 $9,776 $3,382 $7,262 $37,776 
750-79910,528 11,173 33,140 32,266 9,398 14,656 111,161 
700-7495,402 5,230 14,093 15,336 4,177 5,500 49,738 
650-699965 1,949 4,278 5,357 1,249 1,836 15,634 
600-649268 697 1,213 2,364 407 502 5,451 
550-59941 183 443 1,075 135 415 2,292 
500-54950 172 638 745 161 207 1,973 
Under 500— 67 156 207 19 63 512 
Unknown— — — — — — — 
Total$18,619 $23,741 $65,682 $67,126 $18,928 $30,441 $224,537 
Accrued interest excluded from total$69 $89 $156 $154 $41 $67 $576 
Current period gross charge-offs$— $42 $152 $322 $42 $109 $667 
Other
800 and above$1,342 $1,323 $1,788 $938 $639 $831 $6,861 
750-7999,938 8,029 7,208 4,732 2,013 4,375 36,295 
700-74914,512 4,941 4,232 2,829 1,292 3,278 31,084 
650-69910,551 1,633 1,689 979 430 1,293 16,575 
600-649537 476 522 294 59 418 2,306 
550-59980 211 271 210 21 210 1,003 
500-549— 149 301 229 92 93 864 
Under 50011 17 58 49 3 50 188 
Unknown681 — — — — — 681 
Total$37,652 $16,779 $16,069 $10,260 $4,549 $10,548 $95,857 
Accrued interest excluded from total$96 $65 $40 $22 $10 $63 $296 
Current period gross charge-offs$1,327 $69 $92 $17 $8 $91 $1,604 
Total installment
800 and above$8,832 $12,295 $21,740 $18,206 $7,533 $17,172 $85,778 
750-79946,786 48,375 68,956 61,856 23,015 45,823 294,811 
700-74931,311 19,658 29,667 27,972 9,646 17,915 136,169 
650-69914,238 6,470 8,483 8,755 2,870 6,240 47,056 
600-6491,309 1,611 2,839 3,022 614 1,695 11,090 
550-599121 609 1,178 1,679 232 926 4,745 
500-54977 321 1,074 1,173 393 538 3,576 
Under 50011 119 228 256 22 193 829 
Unknown681 — — — — — 681 
Total$103,366 $89,458 $134,165 $122,919 $44,325 $90,502 $584,735 
Accrued interest excluded from total$344 $332 $320 $280 $101 $231 $1,608 
Current period gross charge-offs$1,327 $119 $275 $347 $99 $253 $2,420 
(1)Credit scores have been updated within the last twelve months.
v3.25.3
Shareholders' Equity and Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Reconciliation of Basic and Diluted Net Income Per Common Share
A reconciliation of basic and diluted net income per common share follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands, except
per share data)
Net income$17,502 $13,810 $49,969 $48,329 
Weighted average shares outstanding (1)20,702 20,896 20,797 20,892 
Stock units for deferred compensation plan for non-employee directors173 182 175 178 
Performance share units28 34 27 27 
Effect of stock options2 3 2 3 
Weighted average shares outstanding for calculation of diluted earnings per share20,905 21,115 21,001 21,100 
Net income per common share
Basic (1)$0.85 $0.66 $2.40 $2.31 
Diluted$0.84 $0.65 $2.38 $2.29 
(1)Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.
v3.25.3
Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Financial Instruments According to Type of Hedge Designation
Our derivative financial instruments according to the type of hedge in which they are designated follows:
September 30, 2025
Notional
Amount		Average
Maturity
(years)		Fair
Value
(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial$5,345 3.6$189 
Pay-fixed interest rate swap agreements - securities available for sale148,895 2.17,931 
Pay-fixed interest rate swap agreements - installment100,000 1.7(917)
Pay-fixed interest rate swap agreements - mortgage
117,000 1.9(1,272)
Interest rate cap agreements - securities available for sale40,970 2.651 
Total$412,210 2.0$5,982 
Cash flow hedge designation
Interest rate floor agreements - commercial
$450,000 1.9$5,090 
Interest rate cap agreements - short-term funding liabilities
50,000 2.479 
Total500,000 1.95,169 
No hedge designation
Rate-lock mortgage loan commitments$20,929 0.1$187 
Mandatory commitments to sell mortgage loans30,147 0.139 
Pay-fixed interest rate swap agreements - commercial633,139 4.7(3,422)
Pay-variable interest rate swap agreements - commercial633,139 4.73,422 
Total$1,317,354 4.5$226 
December 31, 2024
Notional
Amount		Average
Maturity
(years)		Fair
Value
(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial$5,647 4.4$361 
Pay-fixed interest rate swap agreements - securities available for sale148,895 2.813,265 
Pay-fixed interest rate swap agreements - installment100,000 2.477 
Pay-fixed interest rate swap agreements - mortgage
147,000 2.2283 
Interest rate cap agreements - securities available for sale40,970 3.3334 
Total$442,512 2.6$14,320 
Cash flow hedge designation
Interest rate floor agreements - commercial
$375,000 2.3$3,642 
Interest rate cap agreements - short-term funding liabilities
25,000 3.4312 
Total400,000 2.13,954 
No hedge designation
Rate-lock mortgage loan commitments12,703 0.1100 
Mandatory commitments to sell mortgage loans19,874 0.162 
Pay-fixed interest rate swap agreements - commercial538,053 5.013,325 
Pay-variable interest rate swap agreements - commercial538,053 5.0(13,325)
Total$1,108,683 4.9$162 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Fair Values of Derivative Instruments
Asset DerivativesLiability Derivatives
September 30,
2025		December 31,
2024		September 30,
2025		December 31,
2024
Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value		Balance
Sheet
Location		Fair
Value
(In thousands)
Derivatives designated as hedging instruments
Pay-fixed interest rate swap agreementsOther assets$8,160 Other assets$14,336 Other liabilities$2,229 Other liabilities$350 
Interest rate cap agreementsOther assets130 Other assets646 Other liabilities— Other liabilities— 
Interest rate floor agreements
Other assets5,090 Other assets3,642 Other liabilities— Other liabilities— 
13,380 18,624 2,229 350 
Derivatives not designated as hedging instruments
Rate-lock mortgage loan commitmentsOther assets187 Other assets100 Other liabilities— Other liabilities— 
Mandatory commitments to sell mortgage loansOther assets39 Other assets62 Other liabilities— Other liabilities— 
Pay-fixed interest rate swap agreements - commercialOther assets7,539 Other assets15,799 Other liabilities10,961 Other liabilities2,474 
Pay-variable interest rate swap agreements - commercialOther assets10,961 Other assets2,474 Other liabilities7,539 Other liabilities15,799 
18,726 18,435 18,500 18,273 
Total derivatives$32,106 $37,059 $20,729 $18,623 
Schedule of Derivative Instruments, Gain (Loss)
The effect of derivative financial instruments on the interim Condensed Consolidated Statements of Operations follows:
Gain (Loss) Recognized in Other
Comprehensive Income (Effective Portion)
Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)Gain (Loss)
Recognized
in Income
Three Month
Periods Ended
September 30,		Three Month
Periods Ended
September 30,		Location of
Gain (Loss)
Recognized
in Income		Three Month
Periods Ended
September 30,
202520242025202420252024
(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial
Interest and fees on loans$(25)$(184)
Pay-fixed interest rate swap agreements - securities available for sale
Interest on securities
(1,162)(4,882)
Pay-fixed interest rate swap agreements - Installment
Interest and fees on loans(15)(2,421)
Pay-fixed interest rate swap agreements - Mortgage
Interest and fees on loans(91)(2,940)
Interest rate cap agreements - securities available for sale$(43)$(255)
Interest on securities
$(55)$(57)
Interest on securities
— (119)
Total$(43)$(255)$(55)$(57)$(1,293)$(10,546)
Cash Flow Hedges
Interest rate floor agreements - commercial
$(1,046)$2,999 Interest and fees on loans$(551)$(333)Interest and fees on loans$(551)$(333)
Interest rate cap agreements - short-term funding liabilities
(93)— 
Interest expense
(4)— 
Interest expense
(4)— 
Total
$(1,139)$2,999 $(555)$(333)$(555)$(333)
No hedge designation
Rate-lock mortgage loan commitmentsNet gains on mortgage loans$(184)$111 
Mandatory commitments to sell mortgage loansNet gains on mortgage loans171 (122)
Pay-fixed interest rate swap agreements - commercialInterest and fees on loans(1,879)(15,031)
Pay-variable interest rate swap agreements - commercialInterest and fees on loans1,879 15,031 
Total$(13)$(11)
Gain (Loss) Recognized in Other
Comprehensive Income (Effective Portion)
Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)Gain (Loss)
Recognized
in Income
Nine Month
Periods Ended
September 30,		Nine Month
Periods Ended
September 30,		Location of
Gain (Loss)
Recognized
in Income		Nine Month
Periods Ended
September 30,
202520242025202420252024
(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial
Interest and fees on loans$(172)$(110)
Pay-fixed interest rate swap agreements - securities available for sale
Interest on securities
(5,334)(4,028)
Pay-fixed interest rate swap agreements - installment
Interest and fees on loans(994)(513)
Pay-fixed interest rate swap agreements - mortgage
Interest and fees on loans(1,555)(648)
Interest rate cap agreements - securities available for sale$(283)$(194)
Interest on securities
$(172)$(167)
Interest on securities
— (81)
Total$(283)$(194)$(172)$(167)$(8,055)$(5,380)
Cash Flow Hedges
Interest rate floor agreements - commercial
$91 $246 Interest and fees on loans$(1,363)$(838)Interest and fees on loans$(1,363)$(838)
Interest rate cap agreements - short-term funding liabilities
(293)— 
Interest expense
(8)— 
Interest expense
(8)— 
Total
$(202)$246 $(1,371)$(838)$(1,371)$(838)
No hedge designation
Rate-lock mortgage loan commitmentsNet gains on mortgage loans$87 $80 
Mandatory commitments to sell mortgage loansNet gains on mortgage loans(23)304 
Pay-fixed interest rate swap agreements - commercialInterest and fees on loans(16,747)(8,482)
Pay-variable interest rate swap agreements - commercialInterest and fees on loans16,747 8,482 
Total$64 $384 
v3.25.3
Goodwill and Other Intangibles (Tables)
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The following table summarizes intangible assets, net of amortization:
September 30, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
(In thousands)
Amortized intangible assets - core deposits$11,916 $10,793 $11,916 $10,428 
Unamortized intangible assets - goodwill$28,300  $28,300 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
A summary of estimated core deposits intangible amortization at September 30, 2025 follows:
(In thousands)
Three months ending December 31, 2025122 
2026460 
2027434 
2028107 
Total$1,123 
v3.25.3
Share Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock and Performance Stock Units Granted
A summary of restricted stock and performance stock units (“PSU”) granted pursuant to our long-term incentive plan follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Restricted stock——53,01981,355
PSU——16,36418,822
Schedule of Share-Based Payment Arrangement, Option, Activity
A summary of outstanding stock option grants and related transactions follows:
Number of
Shares 		Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term (Years)		Aggregated
Intrinsic
Value
(In thousands)
Outstanding at January 1, 20255,583$13.43 
Granted—
Exercised(2,793)13.43 
Forfeited—
Expired—
Outstanding at September 30, 20252,790$13.43 1.4$49 
Vested and expected to vest at September 30, 20252,790$13.43 1.4$49 
Exercisable at September 30, 20252,790$13.43 1.4$49 
Schedule of Nonvested Restricted Stock Units Activity
A summary of outstanding non-vested stock and related transactions follows:
Number
of Shares 		Weighted-
Average
Grant Date
Fair Value
Outstanding at January 1, 2025266,986$24.64 
Granted69,38337.17 
Vested(73,512)27.04 
Forfeited(11,391)23.98 
Outstanding at September 30, 2025251,466$27.68 
Schedule of Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards
Certain information regarding options exercised during the periods follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands)(In thousands)
Intrinsic value$— $— $64 $91 
Cash proceeds received$— $— $— $— 
Tax benefit realized$— $— $13 $19 
v3.25.3
Regulatory Matters (Tables)
 9 Months Ended
Sep. 30, 2025
Regulatory Matters [Abstract]  
Schedule of Capital Amounts and Ratios
Our actual capital amounts and ratios follow (1):
Actual Minimum for
Adequately Capitalized
Institutions 		Minimum for
Well-Capitalized
Institutions
AmountRatio AmountRatio AmountRatio
(Dollars in thousands)
September 30, 2025
Total capital to risk-weighted assets
Consolidated$610,808 13.66 %$357,706 8.00 %NANA
Independent Bank561,840 12.58 357,199 8.00 $446,499 10.00 %
Tier 1 capital to risk-weighted assets
Consolidated$554,774 12.41 %$268,280 6.00 %NANA
Independent Bank505,884 11.33 267,899 6.00 $357,199 8.00 %
Common equity tier 1 capital to risk-weighted assets
Consolidated$516,151 11.54 %$201,210 4.50 %NANA
Independent Bank505,884 11.33 200,925 4.50 $290,224 6.50 %
Tier 1 capital to average assets      
Consolidated$554,774 10.07 %$220,377 4.00 %NANA
Independent Bank505,884 9.19 220,083 4.00 $275,104 5.00 %
December 31, 2024      
Total capital to risk-weighted assets      
Consolidated$622,444 14.22 %$350,113 8.00 %NANA
Independent Bank567,254 12.99 349,335 8.00 $436,668 10.00 %
Tier 1 capital to risk-weighted assets      
Consolidated$527,616 12.06 %$262,585 6.00 %NANA
Independent Bank512,546 11.74 262,001 6.00 $349,335 8.00 %
Common equity tier 1 capital to risk-weighted assets      
Consolidated$489,044 11.17 %$196,939 4.50 %NANA
Independent Bank512,546 11.74 196,501 4.50 $283,834 6.50 %
Tier 1 capital to average assets      
Consolidated$527,616 9.85 %$214,332 4.00 %NANA
Independent Bank512,546 9.58 214,112 4.00 $267,640 5.00 %
_______________________________________
(1)
These ratios do not reflect a capital conservation buffer of 2.50% at September 30, 2025 and December 31, 2024.
NA - Not applicable
Schedule of Regulatory Capital
The components of our regulatory capital are as follows:
Consolidated Independent Bank
September 30,
2025		December 31,
2024		September 30,
2025		December 31,
2024
(In thousands)
Total shareholders' equity $490,742 $454,686 $480,475 $478,188 
Add (deduct) 
Accumulated other comprehensive loss for regulatory purposes
54,832 64,146 54,832 64,146 
Goodwill and other intangibles(29,423)(29,788)(29,423)(29,788)
Common equity tier 1 capital516,151 489,044 505,884 512,546 
Qualifying trust preferred securities38,623 38,572 — — 
Tier 1 capital554,774 527,616 505,884 512,546 
Subordinated debt— 40,000 — — 
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets
56,034 54,828 55,956 54,708 
Total risk-based capital$610,808 $622,444 $561,840 $567,254 
v3.25.3
Fair Value Disclosures (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements, Recurring and Nonrecurring
Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows:
Fair Value Measurements Using
Fair Value
Measure-
ments		Quoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		 Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
September 30, 2025:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency$8,071 $— $8,071 $— 
U.S. agency residential mortgage-backed78,196 — 78,196 — 
U.S. agency commercial mortgage-backed7,455 — 7,455 — 
Private label mortgage-backed41,936 — 41,936 — 
Other asset backed32,129 — 32,129 — 
Obligations of states and political subdivisions279,615 — 279,615 — 
Corporate54,200 — 54,200 — 
Trust preferred981 — 981 — 
Loans held for sale
11,654 — 11,654 — 
Capitalized mortgage loan servicing rights31,522 — — 31,522 
Derivatives (1)32,106 — 32,106 — 
Liabilities
Derivatives (2)20,729 — 20,729 — 
Measured at Fair Value on a Non-recurring Basis:
Assets
Collateral dependent loans (3)
Commercial
Commercial and industrial8,386 — — 8,386 
Commercial real estate10,892 — — 10,892 
Mortgage
1-4 family owner occupied - non-jumbo661 — — 661 
1-4 family non-owner occupied9 — — 9 
1-4 family - 2nd lien198 — — 198 
Resort lending37 — — 37 
Installment
Boat lending205 — — 205 
Recreational vehicle lending139 — — 139 
Other57 — — 57 
________________________________
(1)Included in accrued income and other assets
(2)Included in accrued expenses and other liabilities
(3)Only includes individually evaluated loans with specific allocations of the ACL based on collateral value.
Fair Value Measurements Using
Fair Value
Measure-
ments		Quoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
December 31, 2024:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency$8,159 $— $8,159 $— 
U.S. agency residential mortgage-backed71,137 — 71,137 — 
U.S. agency commercial mortgage-backed11,641 — 11,641 — 
Private label mortgage-backed70,035 — 70,035 — 
Other asset backed38,516 — 38,516 — 
Obligations of states and political subdivisions288,791 — 288,791 — 
Corporate69,921 — 69,921 — 
Trust preferred982 — 982 — 
Loans held for sale
7,643 — 7,643 — 
Capitalized mortgage loan servicing rights46,796 — — 46,796 
Derivatives (1)37,059 — 37,059 — 
Liabilities    
Derivatives (2)18,623 — 18,623 — 
    
Measured at Fair Value on a Non-recurring Basis:    
Assets    
Collateral dependent loans (3)
Commercial
Commercial and industrial4,205 — — 4,205 
Commercial real estate132 — — 132 
Mortgage
1-4 family owner occupied - non-jumbo627 — — 627 
1-4 family - 2nd lien170 — — 170 
Resort lending92 — — 92 
Installment
Boat lending56 — — 56 
Recreational vehicle lending172 — — 172 
Other59 — — 59 
_________________________________
(1)Included in accrued income and other assets
(2)Included in accrued expenses and other liabilities
(3)Only includes individually evaluated loans with specific allocations of the ACL based on collateral value.
Schedule of Fair Value Option, Disclosures
Changes in fair values for financial assets which we have elected the fair value option for the periods presented were as follows:
Changes in Fair Values for the Nine
Month Periods Ended September 30 for
items Measured at Fair Value Pursuant
to Election of the Fair Value Option
Net Gains (losses)
on Assets
Mortgage
Loan
Servicing, net		Total
Change
in Fair
Values
Included
in Current
Period
Earnings
Mortgage
Loans
(In thousands)
2025
Loans held for sale$38 $— $38 
Capitalized mortgage loan servicing rights— (4,984)(4,984)
2024
Loans held for sale215 — 215 
Capitalized mortgage loan servicing rights— (4,995)(4,995)
Schedule of Reconciliation for all Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)
A reconciliation for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) follows:
Capitalized Mortgage Loan Servicing Rights
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands) (In thousands)
Beginning balance$32,053 $44,406 $46,796 $42,243 
Total gains (losses) realized and unrealized:
Included in results of operations(1,479)(5,378)(4,984)(4,995)
Included in results of operations - gain on sale(1)
(61)— (233)— 
Included in other comprehensive loss— — — — 
Purchases, issuances, settlements, maturities and calls948 1,176 2,766 2,956 
Sales(1)
61 — (12,823)— 
Transfers in and/or out of Level 3— — — — 
Ending balance$31,522 $40,204 $31,522 $40,204 
Amount of total losses for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at September 30
$(1,479)$(5,378)$(4,984)$(4,995)
(1)     On January 31, 2025 we sold $931.6 million of mortgage loan servicing rights (26.3% of total servicing portfolio) and transferred the servicing on March 3, 2025. This sale represented approximately $13.1 million (27.9%) of the total capitalized mortgage loan servicing right asset. While there remains a customary hold back of final settlement funds of approximately $0.6 million relating to this transaction, we are not aware of any issues that will have a material impact on this final payment. We have until the first quarter, 2026 to receive this final payment. Transaction expenses relating to this sale were approximately $0.2 million and was expensed during the first nine months of 2025.
Schedule of Fair Value Measurement Inputs and Valuation Techniques (Level 3) Quantitative information about our Level 3 fair value measurements measured on a recurring basis follows:
Asset
Fair
Value		Valuation
Technique		Unobservable
Inputs		Range Weighted
Average
(In thousands)
September 30, 2025
Capitalized mortgage loan servicing rights$31,522 Present value of net servicing revenueDiscount rate
9.50% to 31.06%
9.93 %
Cost to service
$69 to $817
$80 
Ancillary income
20 to 30
21 
Float rate3.68 %3.68 %
Prepayment rate
5.39% to 32.90%
9.80 %
December 31, 2024
Capitalized mortgage loan servicing rights$46,796 Present value of net servicing revenueDiscount rate
10.00% to 19.15%
10.37 %
Cost to service
$70 to $817
$79 
Ancillary income
20 to 30
20 
Float rate4.33 %4.33 %
Prepayment rate
5.40% to 28.28%
7.54%
Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows:
Asset
Fair
Value		Valuation
Technique		Unobservable
Inputs		RangeWeighted
Average
(In thousands)
September 30, 2025
Collateral dependent loans
Commercial
$7,272 Discounting financial statement and machinery and equipment appraised valuesDiscount rates used
40.0% to 70.0%
48.0 %
12,006 Sales comparison approachAdjustment for differences between comparable sales
(18.0) to 42.0
(1.0)
Mortgage and Installment(1)
1,306 Sales comparison approachAdjustment for differences between comparable sales
(28.0) to 16.9
(1.6)
December 31, 2024
Collateral dependent loans
Commercial$3,478 
Discounting financial statement and machinery and equipment appraised values
Discount rates used
45.0% to 55.0%
50.5 %
859 Sales comparison approachAdjustment for differences between comparable sales
(20.0) to 35.0
(1.4)
Mortgage and Installment(1)
1,176 Sales comparison approachAdjustment for differences between comparable sales
(22.0) to 21.7
(0.4)
(1)
In addition to the valuation techniques and unobservable inputs discussed above, at September 30, 2025 and December 31, 2024 certain collateral dependent installment loans totaling approximately $0.40 million and $0.29 million, respectively, are secured by collateral other than real estate. For the majority of these loans, we apply internal discount rates to industry valuation guides.
Schedule of Aggregate Fair Value and Aggregate Remaining Contractual Principal Balance for Loans Held for Sale
The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding for loans held for sale for which the fair value option has been elected for the periods presented.
Aggregate
Fair Value		Difference Contractual
Principal
(In thousands)
Loans held for sale
September 30, 2025$11,654 $116 $11,538 
December 31, 20247,643 78 7,565 
v3.25.3
Fair Values of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Values of Financial Instruments [Abstract]  
Schedule of Estimated Recorded Book Balances and Fair Values
The estimated recorded book balances and fair values follow:
Fair Value Using
Recorded
Book
Balance		Fair ValueQuoted
Prices
in Active
Markets
for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Un-
observable
Inputs
(Level 3)
(In thousands)
September 30, 2025
Assets
Cash and due from banks$56,378 $56,378 $56,378 $— $— 
Interest bearing deposits152,308 152,308 152,308 — — 
Securities available for sale502,583 502,583 — 502,583 — 
Securities held to maturity321,450 293,242 — 293,242 — 
Federal Home Loan Bank and Federal
Reserve Bank Stock18,102 NANANANA
Net loans and loans held for sale4,147,478 3,991,609 — 11,654 3,979,955 
Accrued interest receivable19,270 19,270 250 4,863 14,157 
Derivative financial instruments32,106 32,106 — 32,106 — 
     
Liabilities     
Deposits with no stated maturity (1)$3,911,405 $3,911,405 $3,911,405 $— $— 
Deposits with stated maturity (1)947,750 946,153 — 946,153 — 
Other borrowings2,006 1,673 — 1,673 — 
Subordinated debentures39,847 39,585 — 39,585 — 
Accrued interest payable3,245 3,245 323 2,922 — 
Derivative financial instruments20,729 20,729 — 20,729 — 
     
December 31, 2024     
Assets     
Cash and due from banks$56,984 $56,984 $56,984 $— $— 
Interest bearing deposits62,898 62,898 62,898 — — 
Securities available for sale559,182 559,182 — 559,182 — 
Securities held to maturity339,436 301,860 — 301,860 — 
Federal Home Loan Bank and Federal
Reserve Bank Stock16,099 NANANANA
Net loans and loans held for sale3,987,089 3,772,862 — 7,643 3,765,219 
Accrued interest receivable19,113 19,113 46 5,606 13,461 
Derivative financial instruments37,059 37,059 — 37,059 — 
Liabilities     
Deposits with no stated maturity (1)$3,806,185 $3,806,185 $3,806,185 $— $— 
Deposits with stated maturity (1)847,903 845,534 — 845,534 — 
Other borrowings45,009 44,996 — 44,996 — 
Subordinated debt39,586 40,412 — 40,412 — 
Subordinated debentures39,796 40,235 — 40,235 — 
Accrued interest payable3,109 3,109 374 2,735 — 
Derivative financial instruments18,623 18,623 — 18,623 — 
(1)
Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $867.422 million and $797.224 million at September 30, 2025 and December 31, 2024, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $113.693 million and $109.807 million at September 30, 2025 and December 31, 2024, respectively.
v3.25.3
Accumulated Other Comprehensive Loss ("AOCL") (Tables)
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
A summary of changes in AOCL follows:
Unrealized
Losses on
Securities
AFS
Unrealized
Losses on
Securities
Transferred
to Securities
HTM (1)		Dispropor-
tionate
Tax Effects
from
Securities
AFS
Unrealized Gains (Losses) on Derivative Instruments
Total
(In thousands)
For the three months ended September 30,
2025
Balances at beginning of period$(51,816)$(11,489)$(5,798)$(784)$(69,887)
Other comprehensive income (loss) before reclassifications9,066 614 — (932)8,748 
Amounts reclassified from AOCL
27 — — 482 509 
Net current period other comprehensive income (loss)9,093 614 — (450)9,257 
Balances at end of period$(42,723)$(10,875)$(5,798)$(1,234)$(60,630)
2024
Balances at beginning of period$(49,482)$(14,084)$(5,798)$(1,464)$(70,828)
Other comprehensive income before reclassifications
9,340 646 — 2,168 12,154 
Amounts reclassified from AOCL
114 — — 308 422 
Net current period other comprehensive income
9,454 646 — 2,476 12,576 
Balances at end of period$(40,028)$(13,438)$(5,798)$1,012 $(58,252)
For the nine months ended September 30,
2025
Balances at beginning of period$(49,301)$(12,775)$(5,798)$(2,070)$(69,944)
Other comprehensive income (loss) before reclassifications
6,298 1,900 — (383)7,815 
Amounts reclassified from AOCL
280 — — 1,219 1,499 
Net current period other comprehensive income
6,578 1,900 — 836 9,314 
Balances at end of period$(42,723)$(10,875)$(5,798)$(1,234)$(60,630)
2024
Balances at beginning of period$(51,113)$(15,408)$(5,798)$177 $(72,142)
Other comprehensive income before reclassifications
10,758 1,970 — 41 12,769 
Amounts reclassified from AOCL
327 — — 794 1,121 
Net current period other comprehensive income
11,085 1,970 — 835 13,890 
Balances at end of period$(40,028)$(13,438)$(5,798)$1,012 $(58,252)
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
Schedule of Reclassifications Out of Each Component of AOCL
A summary of reclassifications out of each component of AOCL for the three months ended September 30 follows:
AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Interim Condensed
Consolidated Statements of Operations
(In thousands)
2025
Unrealized losses on securities available for sale
$(36)
Net losses on securities available for sale
(9)Income tax expense
$(27)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(606)Interest income
4 
Interest expense
(610)
(128)Income tax expense
$(482)Reclassifications, net of tax
$(509)Total reclassifications for the period, net of tax
2024
Unrealized losses on securities available for sale
$(145)
Net losses on securities available for sale
(31)Income tax expense
$(114)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(390)Interest income
(82)Income tax expense
$(308)Reclassifications, net of tax
$(422)Total reclassifications for the period, net of tax
A summary of reclassifications out of each component of AOCL for the nine months ended September 30 follows:
AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Interim Condensed
Consolidated Statements of Operations
(In thousands)
2025
Unrealized losses on securities available for sale
$(355)
Net losses on securities available for sale
(75)Income tax expense
$(280)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(1,535)Interest income
8 
Interest expense
(1,543)
(324)Income tax expense
$(1,219)Reclassifications, net of tax
$(1,499)Total reclassifications for the period, net of tax
2024
Unrealized losses on securities available for sale
$(414)
Net losses on securities available for sale
(87)Income tax expense
$(327)Reclassifications, net of tax
Unrealized gains (losses) on derivative instruments
$(1,005)Interest income
211 Income tax expense
$(794)Reclassifications, net of tax
$(1,121)Total reclassifications for the period, net of tax
v3.25.3
Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Three months ending September 30, 2025
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
(In thousands)
Retail
Overdraft fees$2,333 $— $— $— $2,333 
Account service charges685 — — — 685 
ATM fees— 413 — — 413 
Other— 153 — — 153 
Business    
Overdraft fees113 — — — 113 
ATM fees— 13 — — 13 
Other— 113 — — 113 
Interchange income— — 4,157 — 4,157 
Asset management revenue— — — 413 413 
Transaction based revenue— — — 527 527 
     
Total$3,131 $692 $4,157 $940 $8,920 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $692 
Investment and insurance commissions   940 
Bank owned life insurance (1)    288 
Other (1)
    1,217 
Total    $3,137 
(1)Excluded from the scope of ASC Topic 606.
Three months ending September 30, 2024
Service
Charges
on Deposit
Accounts		 Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
(In thousands)
Retail
Overdraft fees$2,378 $— $— $— $2,378 
Account service charges593 — — — 593 
ATM fees— 430 — — 430 
Other— 167 — — 167 
Business    
Overdraft fees114 — — — 114 
ATM fees— 13 — — 13 
Other— 114 — — 114 
Interchange income— — 4,146 — 4,146 
Asset management revenue— — — 458 458 
Transaction based revenue— — — 423 423 
     
Total$3,085 $724 $4,146 $881 $8,836 
Reconciliation to interim Condensed Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income$724 
Investment and insurance commissions881 
Bank owned life insurance (1) 197 
Other (1) 1,581 
Total$3,383 
(1)Excluded from the scope of ASC Topic 606.
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
Nine months ending September 30, 2025(In thousands)
Retail
Overdraft fees$6,634 $— $— $— $6,634 
Account service charges1,951 — — — 1,951 
ATM fees— 1,169 — — 1,169 
Other— 506 — — 506 
Business    
Overdraft fees341 — — — 341 
ATM fees— 35 — — 35 
Other— 327 — — 327 
Interchange income— — 10,674 — 10,674 
Asset management revenue— — — 1,214 1,214 
Transaction based revenue— — — 1,290 1,290 
     
Total$8,926 $2,037 $10,674 $2,504 $24,141 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $2,037 
Investment and insurance commissions   2,504 
Bank owned life insurance (1)    881 
Other (1)
    3,683 
Total    $9,105 
(1)Excluded from the scope of ASC Topic 606.
Service
Charges
on Deposit
Accounts		Other
Deposit
Related
Income		Interchange
Income		Investment
and
Insurance
Commissions		Total
Nine months ending September 30, 2024(In thousands)
Retail
Overdraft fees$6,788 $— $— $— $6,788 
Account service charges1,787 — — — 1,787 
ATM fees— 1,225 — — 1,225 
Other— 603 — — 603 
Business    
Overdraft fees319 — — — 319 
ATM fees— 37 — — 37 
Other— 327 — — 327 
Interchange income— — 10,698 — 10,698 
Asset management revenue— — — 1,448 1,448 
Transaction based revenue— — — 1,075 1,075 
     
Total$8,894 $2,192 $10,698 $2,523 $24,307 
     
Reconciliation to interim Condensed Consolidated Statement of Operations:
  
Non-interest income - other:     
Other deposit related income    $2,192 
Investment and insurance commissions   2,523 
Bank owned life insurance (1)    566 
Other (1)
    3,537 
Total    $8,818 
(1)Excluded from the scope of ASC Topic 606.
v3.25.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The cost components of our operating leases follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(In thousands)(In thousands)
Operating lease cost$352 $349 $1,037 $1,044 
Variable lease cost2 10 12 32 
Short-term lease cost16 23 55 70 
Total$370 $382 $1,104 $1,146 
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to our operating leases follows:
September 30,
2025		December 31,
2024
(Dollars in thousands)
Lease right of use asset (1)$6,473 $5,971 
Lease liabilities (2)$6,717 $6,338 
Weighted average remaining lease term (years)6.977.07
Weighted average discount rate4.4 %3.7 %
(1)Included in Accrued income and other assets in our interim Condensed Consolidated Statements of Financial Condition.
(2)Included in Accrued expenses and other liabilities in our interim Condensed Consolidated Statements of Financial Condition.
Schedule of Maturity Analysis of Lease Liabilities
Maturity analysis of our lease liabilities at September 30, 2025 based on required contractual payments follows:
(In thousands)
Three months ending December 31, 2025$343 
20261,310 
20271,166 
20281,110 
20291,112 
2030 and thereafter2,844 
Total lease payments7,885 
Less imputed interest(1,168)
Total$6,717 
v3.25.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment Information reported internally for performance assessment by the chief operating decision maker is as follows, inclusive of reconciliations of significant segment totals to the interim condensed consolidated financial statements for the three and nine month periods ended September 30, 2025 and 2024.
Three Months Ended September 30, 2025
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$61,254 $— $71 $61,325 
Interest on securities6,427 — — 6,427 
Other investments1,538 343 (343)1,538 
Total Interest Income69,219 343 (272)69,290 
INTEREST EXPENSE
Deposits22,315 — (343)21,972 
Other borrowings and subordinated debt and debentures139 1,818 — 1,957 
Total Interest Expense22,454 1,818 (343)23,929 
Net Interest Income46,765 (1,475)71 45,361 
Provision for credit losses1,991 — — 1,991 
Net Interest Income After Provision for Credit Losses44,774 (1,475)71 43,370 
NON-INTEREST INCOME
Interchange income
4,157 — — 4,157 
Service charges on deposit accounts
3,131 — — 3,131 
Net gains on mortgage loans
1,425 — 49 1,474 
Mortgage loan servicing, net74 — — 74 
Other3,010 310 (219)3,101 
Total Non-interest Income11,797 310 (170)11,937 
NON-INTEREST EXPENSE
Compensation and employee benefits21,016 144 (35)21,125 
Data processing3,764 20 — 3,784 
Occupancy, net2,121 6 — 2,127 
Interchange expense1,180 — — 1,180 
Furniture, fixtures and equipment891 1 — 892 
Advertising523 3 — 526 
FDIC deposit insurance615 — — 615 
Legal and professional546 136 — 682 
Loan and collection618 — — 618 
Communications460 5 — 465 
Other1,915 202 — 2,117 
Total Non-interest Expense33,649 517 (35)34,131 
Income Before Income Tax22,922 (1,682)(64)21,176 
Income tax expense4,122 (435)(13)3,674 
Net Income$18,800 $(1,247)$(51)$17,502 
OTHER SEGMENT DISCLOSURES
Depreciation
1,125 — — 1,125 
Amortization
121 — — 121 
Total assets
5,486,851 538,943 (532,681)5,493,113 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Three Months Ended September 30, 2024
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$58,345 $— $65 $58,410 
Interest on securities7,906 — — 7,906 
Other investments2,018 487 (487)2,018 
Total Interest Income68,269 487 (422)68,334 
INTEREST EXPENSE
Deposits24,949 — (487)24,462 
Other borrowings and subordinated debt and debentures552 1,466 — 2,018 
Total Interest Expense25,501 1,466 (487)26,480 
Net Interest Income42,768 (979)65 41,854 
Provision for credit losses1,488 — — 1,488 
Net Interest Income After Provision for Credit Losses41,280 (979)65 40,366 
NON-INTEREST INCOME
Interchange income
4,146 — — 4,146 
Service charges on deposit accounts
3,085 — — 3,085 
Net gains on mortgage loans
2,125 — 52 2,177 
Mortgage loan servicing, net(3,130)— — (3,130)
Other3,142 275 (187)3,230 
Total Non-interest Income9,368 275 (135)9,508 
NON-INTEREST EXPENSE
Compensation and employee benefits19,951 129 (32)20,048 
Data processing3,360 19 — 3,379 
Occupancy, net1,887 6 — 1,893 
Interchange expense1,149 — — 1,149 
Furniture, fixtures and equipment931 1 — 932 
Advertising580 1 — 581 
FDIC deposit insurance664 — — 664 
Legal and professional607 80 — 687 
Loan and collection657 — — 657 
Communications514 5 — 519 
Other1,888 186 — 2,074 
Total Non-interest Expense32,188 427 (32)32,583 
Income Before Income Tax18,460 (1,131)(38)17,291 
Income tax expense3,725 (237)(7)3,481 
Net Income$14,735 $(894)$(31)$13,810 
OTHER SEGMENT DISCLOSURES
Depreciation
1,283 — — 1,283 
Amortization
129 — — 129 
Total assets
5,254,269 541,422 (536,423)5,259,268 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Nine Months Ended September 30, 2025
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$178,419 $— $209 $178,628 
Interest on securities19,802 — — 19,802 
Other investments3,882 1,082 (1,082)3,882 
Total Interest Income202,103 1,082 (873)202,312 
INTEREST EXPENSE
Deposits64,471 — (1,082)63,389 
Other borrowings and subordinated debt and debentures585 4,677 — 5,262 
Total Interest Expense65,056 4,677 (1,082)68,651 
Net Interest Income137,047 (3,595)209 133,661 
Provision for credit losses4,212 — — 4,212 
Net Interest Income After Provision for Credit Losses132,835 (3,595)209 129,449 
NON-INTEREST INCOME
Interchange income
10,674 — — 10,674 
Service charges on deposit accounts
8,926 — — 8,926 
Net gains on mortgage loans
5,231 — 177 5,408 
Mortgage loan servicing, net(72)— — (72)
Other8,429 938 (617)8,750 
Total Non-interest Income33,188 938 (440)33,686 
NON-INTEREST EXPENSE
Compensation and employee benefits62,329 409 (107)62,631 
Data processing11,302 58 — 11,360 
Occupancy, net6,378 18 — 6,396 
Interchange expense3,476 — — 3,476 
Furniture, fixtures and equipment2,568 2 — 2,570 
Advertising2,213 7 — 2,220 
FDIC deposit insurance1,963 — — 1,963 
Legal and professional1,325 336 — 1,661 
Loan and collection2,148 — — 2,148 
Communications1,507 19 — 1,526 
Other5,609 595 — 6,204 
Total Non-interest Expense100,818 1,444 (107)102,155 
Income Before Income Tax65,205 (4,101)(124)60,980 
Income tax expense12,232 (1,195)(26)11,011 
Net Income$52,973 $(2,906)$(98)$49,969 
OTHER SEGMENT DISCLOSURES
Depreciation
3,721 1 — 3,722 
Amortization
365 — — 365 
Total assets
5,486,851 538,943 (532,681)5,493,113 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
Nine Months Ended September 30, 2024
Independent Bank
Other(1)
Eliminations
Total
(In thousands)
INTEREST INCOME
Interest and fees on loans$170,050 $— $189 $170,239 
Interest on securities24,661 — — 24,661 
Other investments4,898 1,320 (1,320)4,898 
Total Interest Income199,609 1,320 (1,131)199,798 
INTEREST EXPENSE
Deposits71,468 — (1,320)70,148 
Other borrowings and subordinated debt and debentures1,856 4,397 — 6,253 
Total Interest Expense73,324 4,397 (1,320)76,401 
Net Interest Income126,285 (3,077)189 123,397 
Provision for credit losses2,251 — — 2,251 
Net Interest Income After Provision for Credit Losses124,034 (3,077)189 121,146 
NON-INTEREST INCOME
Interchange income
10,698 — — 10,698 
Service charges on deposit accounts
8,894 — — 8,894 
Net gains on mortgage loans
4,750 — 124 4,874 
Mortgage loan servicing, net1,686 — — 1,686 
Other10,809 754 (474)11,089 
Total Non-interest Income36,837 754 (350)37,241 
NON-INTEREST EXPENSE
Compensation and employee benefits61,795 356 (82)62,069 
Data processing9,836 55 — 9,891 
Occupancy, net5,835 018 — 5,853 
Interchange expense3,373 — — 3,373 
Furniture, fixtures and equipment2,831 3 — 2,834 
Advertising1,854 6 — 1,860 
FDIC deposit insurance2,141 — — 2,141 
Legal and professional1,417 300 — 1,717 
Loan and collection1,868 — — 1,868 
Communications1,617 16 — 1,633 
Other4,306 564 — 4,870 
Total Non-interest Expense96,873 1,318 (82)98,109 
Income Before Income Tax63,998 (3,641)(79)60,278 
Income tax expense12,765 (800)(16)11,949 
Net Income$51,233 $(2,841)$(63)$48,329 
OTHER SEGMENT DISCLOSURES
Depreciation
3,879 2 — 3,881 
Amortization
387 — — 387 
Total assets
5,254,269 541,422 (536,423)5,259,268 
(1)    Includes amounts relating to our parent company and certain insignificant operations.
v3.25.3
Securities - Schedule of Debt Securities, Available-for-Sale (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost $ 556,662 $ 621,588
Debt securities, available-for-sale, unrealized gains 415 343
Debt securities, available-for-sale, unrealized losses 54,494 62,749
Fair Value 502,583 559,182
U.S. agency    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 8,509 8,858
Debt securities, available-for-sale, unrealized gains 1 1
Debt securities, available-for-sale, unrealized losses 439 700
Fair Value 8,071 8,159
U.S. agency residential mortgage-backed    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 85,014 80,589
Debt securities, available-for-sale, unrealized gains 117 47
Debt securities, available-for-sale, unrealized losses 6,935 9,499
Fair Value 78,196 71,137
U.S. agency commercial mortgage-backed    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 8,362 12,821
Debt securities, available-for-sale, unrealized gains 0 0
Debt securities, available-for-sale, unrealized losses 907 1,180
Fair Value 7,455 11,641
Private label mortgage-backed    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 44,358 74,268
Debt securities, available-for-sale, unrealized gains 262 263
Debt securities, available-for-sale, unrealized losses 2,684 4,496
Fair Value 41,936 70,035
Other asset backed    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 32,548 39,232
Debt securities, available-for-sale, unrealized gains 24 18
Debt securities, available-for-sale, unrealized losses 443 734
Fair Value 32,129 38,516
Obligations of states and political subdivisions    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 320,802 330,874
Debt securities, available-for-sale, unrealized gains 0 14
Debt securities, available-for-sale, unrealized losses 41,187 42,097
Fair Value 279,615 288,791
Corporate    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 56,080 73,960
Debt securities, available-for-sale, unrealized gains 11 0
Debt securities, available-for-sale, unrealized losses 1,891 4,039
Fair Value 54,200 69,921
Trust preferred    
Debt Securities, Available-for-Sale    
Total securities available-for-sale, amortized cost 989 986
Debt securities, available-for-sale, unrealized gains 0 0
Debt securities, available-for-sale, unrealized losses 8 4
Fair Value $ 981 $ 982
v3.25.3
Securities - Schedule of Debt Securities, Held-to-Maturity (Details) - USD ($)
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value $ 321,450,000   $ 339,436,000      
Debt securities, held-to-maturity, transferred unrealized loss 13,766,000   16,171,000      
Debt securities, held-to-maturity, allowance for credit loss 92,000 $ 133,000 132,000 $ 133,000 $ 155,000 $ 157,000
Amortized Cost 335,308,000   355,739,000      
Debt securities, held-to-maturity, unrealized gains 43,000   28,000      
Debt securities, held-to-maturity, unrealized losses 42,109,000   53,907,000      
Debt securities, held-to-maturity, fair value 293,242,000   301,860,000      
U.S. agency            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 23,119,000   24,150,000      
Debt securities, held-to-maturity, transferred unrealized loss 1,280,000   1,404,000      
Debt securities, held-to-maturity, allowance for credit loss 0   0      
Amortized Cost 24,399,000   25,554,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 3,929,000   4,987,000      
Debt securities, held-to-maturity, fair value 20,470,000   20,567,000      
U.S. agency residential mortgage-backed            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 94,648,000   100,700,000      
Debt securities, held-to-maturity, transferred unrealized loss 7,916,000   8,669,000      
Debt securities, held-to-maturity, allowance for credit loss 0   0      
Amortized Cost 102,564,000   109,369,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 19,715,000   24,631,000      
Debt securities, held-to-maturity, fair value 82,849,000   84,738,000      
U.S. agency commercial mortgage-backed            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 3,926,000   4,013,000      
Debt securities, held-to-maturity, transferred unrealized loss 76,000   107,000      
Debt securities, held-to-maturity, allowance for credit loss 0   0      
Amortized Cost 4,002,000   4,120,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 261,000   402,000      
Debt securities, held-to-maturity, fair value 3,741,000   3,718,000      
Private label mortgage-backed            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 7,310,000   7,350,000      
Debt securities, held-to-maturity, transferred unrealized loss 106,000   190,000      
Debt securities, held-to-maturity, allowance for credit loss 2,000 1,000 1,000 1,000 4,000 4,000
Amortized Cost 7,418,000   7,541,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 315,000   551,000      
Debt securities, held-to-maturity, fair value 7,103,000   6,990,000      
Obligations of states and political subdivisions            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 150,784,000   156,305,000      
Debt securities, held-to-maturity, transferred unrealized loss 4,089,000   5,262,000      
Debt securities, held-to-maturity, allowance for credit loss 19,000 17,000 17,000 17,000 31,000 33,000
Amortized Cost 154,892,000   161,584,000      
Debt securities, held-to-maturity, unrealized gains 43,000   28,000      
Debt securities, held-to-maturity, unrealized losses 15,366,000   19,461,000      
Debt securities, held-to-maturity, fair value 139,569,000   142,151,000      
Corporate            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 40,706,000   45,964,000      
Debt securities, held-to-maturity, transferred unrealized loss 260,000   496,000      
Debt securities, held-to-maturity, allowance for credit loss 67,000 111,000 111,000 111,000 116,000 116,000
Amortized Cost 41,033,000   46,571,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 2,523,000   3,875,000      
Debt securities, held-to-maturity, fair value 38,510,000   42,696,000      
Trust preferred            
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss            
Carrying Value 957,000   954,000      
Debt securities, held-to-maturity, transferred unrealized loss 39,000   43,000      
Debt securities, held-to-maturity, allowance for credit loss 4,000 $ 4,000 3,000 $ 4,000 $ 4,000 $ 4,000
Amortized Cost 1,000,000   1,000,000      
Debt securities, held-to-maturity, unrealized gains 0   0      
Debt securities, held-to-maturity, unrealized losses 0   0      
Debt securities, held-to-maturity, fair value $ 1,000,000   $ 1,000,000      
v3.25.3
Securities - Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months $ 8,803 $ 8,700
Debt securities, available-for-sale, unrealized losses, less than twelve months 32 52
Debt securities, available-for-sale, fair value, twelve months or more 462,852 531,888
Debt securities, available-for-sale, unrealized losses, twelve months or more 54,462 62,697
Debt securities, available-for-sale, fair value, total 471,655 540,588
Debt securities, available-for-sale, unrealized losses, total 54,494 62,749
U.S. agency    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 1,232 324
Debt securities, available-for-sale, unrealized losses, less than twelve months 7 1
Debt securities, available-for-sale, fair value, twelve months or more 6,710 7,565
Debt securities, available-for-sale, unrealized losses, twelve months or more 432 699
Debt securities, available-for-sale, fair value, total 7,942 7,889
Debt securities, available-for-sale, unrealized losses, total 439 700
U.S. agency residential mortgage-backed    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 6,395 147
Debt securities, available-for-sale, unrealized losses, less than twelve months 11 0
Debt securities, available-for-sale, fair value, twelve months or more 50,236 61,219
Debt securities, available-for-sale, unrealized losses, twelve months or more 6,924 9,499
Debt securities, available-for-sale, fair value, total 56,631 61,366
Debt securities, available-for-sale, unrealized losses, total 6,935 9,499
U.S. agency commercial mortgage-backed    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 0 0
Debt securities, available-for-sale, unrealized losses, less than twelve months 0 0
Debt securities, available-for-sale, fair value, twelve months or more 7,456 11,641
Debt securities, available-for-sale, unrealized losses, twelve months or more 907 1,180
Debt securities, available-for-sale, fair value, total 7,456 11,641
Debt securities, available-for-sale, unrealized losses, total 907 1,180
Private label mortgage-backed    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 0 2,551
Debt securities, available-for-sale, unrealized losses, less than twelve months 0 8
Debt securities, available-for-sale, fair value, twelve months or more 40,298 66,411
Debt securities, available-for-sale, unrealized losses, twelve months or more 2,684 4,488
Debt securities, available-for-sale, fair value, total 40,298 68,962
Debt securities, available-for-sale, unrealized losses, total 2,684 4,496
Other asset backed    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 1,021 3,984
Debt securities, available-for-sale, unrealized losses, less than twelve months 4 19
Debt securities, available-for-sale, fair value, twelve months or more 25,368 27,052
Debt securities, available-for-sale, unrealized losses, twelve months or more 439 715
Debt securities, available-for-sale, fair value, total 26,389 31,036
Debt securities, available-for-sale, unrealized losses, total 443 734
Obligations of states and political subdivisions    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 155 221
Debt securities, available-for-sale, unrealized losses, less than twelve months 10 1
Debt securities, available-for-sale, fair value, twelve months or more 279,299 288,570
Debt securities, available-for-sale, unrealized losses, twelve months or more 41,177 42,096
Debt securities, available-for-sale, fair value, total 279,454 288,791
Debt securities, available-for-sale, unrealized losses, total 41,187 42,097
Corporate    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 0 1,473
Debt securities, available-for-sale, unrealized losses, less than twelve months 0 23
Debt securities, available-for-sale, fair value, twelve months or more 52,503 68,448
Debt securities, available-for-sale, unrealized losses, twelve months or more 1,891 4,016
Debt securities, available-for-sale, fair value, total 52,503 69,921
Debt securities, available-for-sale, unrealized losses, total 1,891 4,039
Trust preferred    
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]    
Debt securities, available-for-sale, fair value, less than twelve months 0 0
Debt securities, available-for-sale, unrealized losses, less than twelve months 0 0
Debt securities, available-for-sale, fair value, twelve months or more 982 982
Debt securities, available-for-sale, unrealized losses, twelve months or more 8 4
Debt securities, available-for-sale, fair value, total 982 982
Debt securities, available-for-sale, unrealized losses, total $ 8 $ 4
v3.25.3
Securities - Narrative (Details)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
security
Sep. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Mar. 31, 2023
security
Sep. 30, 2025
USD ($)
security
Sep. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, allowance for credit loss $ 0       $ 0     $ 0    
Debt securities, available-for-sale, accrued interest receivable $ 3,100,000       $ 3,100,000     $ 3,900,000    
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration] Other Assets       Other Assets     Other Assets    
Debt securities, available-for-sale, excluding accrued interest, not previously recorded $ 0 $ 0     $ 0 $ 0        
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss $ 1,700,000       $ 1,700,000     $ 1,700,000    
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration] Other Assets       Other Assets     Other Assets    
Debt securities, held-to-maturity, allowance for credit loss $ 92,000 133,000     $ 92,000 133,000 $ 133,000 $ 132,000 $ 155,000 $ 157,000
Securities HTM, defaulted, number of securities | security       1            
Proceeds from sale of held-to-maturity securities     $ 1,100,000              
Gain (loss) on equity securities $ 0 (8,000)     $ 0 2,685,000        
U.S. agency                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 29       29          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 0       $ 0     0    
U.S. agency residential mortgage-backed                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 88       88          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 0       $ 0     0    
U.S. agency commercial mortgage-backed                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 9       9          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 0       $ 0     0    
Private label mortgage-backed                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 50       50          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 2,000 1,000     $ 2,000 1,000 1,000 1,000 4,000 4,000
Other asset backed                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 37       37          
Corporate                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 58       58          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 67,000 111,000     $ 67,000 111,000 111,000 111,000 116,000 116,000
Obligations of states and political subdivisions                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 290       290          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 19,000 17,000     $ 19,000 17,000 17,000 17,000 31,000 33,000
Trust preferred                    
Debt Securities, Available-for-Sale [Line Items]                    
Debt securities, available-for-sale, unrealized loss position, number of positions | security 1       1          
Schedule of Held-to-Maturity Securities [Line Items]                    
Debt securities, held-to-maturity, allowance for credit loss $ 4,000 $ 4,000     $ 4,000 $ 4,000 $ 4,000 $ 3,000 $ 4,000 $ 4,000
v3.25.3
Securities - Schedule of Debt Securities, Held-to-Maturity, Credit Quality (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value $ 321,450 $ 339,436
Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 7,310 7,350
Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 150,784 156,305
Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 40,706 45,964
Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 957 954
AAA    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 25,074 42,323
AAA | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 7,310 7,350
AAA | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 17,764 34,973
AAA | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
AAA | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
AA    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 117,374 101,112
AA | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
AA | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 117,374 101,112
AA | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
AA | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
A    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 6,889 8,478
A | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
A | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 1,886 3,473
A | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 5,003 5,005
A | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
BBB    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 31,194 36,697
BBB | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
BBB | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 443 652
BBB | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 30,751 36,045
BBB | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
BB    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 1,979 1,963
BB | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
BB | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
BB | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 1,979 1,963
BB | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
Non-rated    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 17,247 20,000
Non-rated | Private label mortgage-backed    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 0 0
Non-rated | Obligations of states and political subdivisions    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 13,317 16,095
Non-rated | Corporate    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 2,973 2,951
Non-rated | Trust preferred    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value 957 954
Credit Rated and Non-rated Securities HTM    
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss    
Carrying value $ 199,757 $ 210,573
v3.25.3
Securities - Schedule of Debt Securities, Held-to-Maturity, Allowance for Credit Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period $ 133 $ 155 $ 132 $ 157
Provision for credit losses (41) (22) (40) (1,149)
Recoveries credited to the allowance 0 0 0 1,125
Securities HTM charged against the allowance 0 0 0 0
Balance at end of period 92 133 92 133
Private label mortgage-backed        
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period 1 4 1 4
Provision for credit losses 1 (3) 1 (3)
Recoveries credited to the allowance 0 0 0 0
Securities HTM charged against the allowance 0 0 0 0
Balance at end of period 2 1 2 1
Obligations of states and political subdivisions        
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period 17 31 17 33
Provision for credit losses 2 (14) 2 (16)
Recoveries credited to the allowance 0 0 0 0
Securities HTM charged against the allowance 0 0 0 0
Balance at end of period 19 17 19 17
Corporate        
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period 111 116 111 116
Provision for credit losses (44) (5) (44) (1,130)
Recoveries credited to the allowance 0 0 0 1,125
Securities HTM charged against the allowance 0 0 0 0
Balance at end of period 67 111 67 111
Trust preferred        
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period 4 4 3 4
Provision for credit losses 0 0 1 0
Recoveries credited to the allowance 0 0 0 0
Securities HTM charged against the allowance 0 0 0 0
Balance at end of period $ 4 $ 4 $ 4 $ 4
v3.25.3
Securities - Schedule of Investments Classified by Contractual Maturity Date (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Securities AFS, Amortized Cost    
Maturing within one year $ 24,490  
Maturing after one year but within five years 127,044  
Maturing after five years but within ten years 42,007  
Maturing after ten years 192,839  
Securities available-for-sale, amortized cost 386,380  
Total securities available-for-sale, amortized cost 556,662 $ 621,588
Securities AFS, Fair Value    
Maturing within one year 24,216  
Maturing after one year but within five years 120,736  
Maturing after five years but within ten years 38,417  
Maturing after ten years 159,498  
Total securities available-for-sale, fair value 342,867  
Total securities available-for-sale, fair value 502,583 559,182
U.S. agency residential mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 85,014  
Total securities available-for-sale, amortized cost 85,014 80,589
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 78,196  
Total securities available-for-sale, fair value 78,196 71,137
U.S. agency commercial mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 8,362  
Total securities available-for-sale, amortized cost 8,362 12,821
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 7,455  
Total securities available-for-sale, fair value 7,455 11,641
Private label mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 44,358  
Total securities available-for-sale, amortized cost 44,358 74,268
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 41,936  
Total securities available-for-sale, fair value 41,936 70,035
Other asset backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 32,548  
Total securities available-for-sale, amortized cost 32,548 39,232
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 32,129  
Total securities available-for-sale, fair value $ 32,129 $ 38,516
v3.25.3
Securities - Amortized Cost and Fair Value of Securities Available for Sale and Held To Maturity, Contractual Maturity (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Securities AFS, Amortized Cost    
Maturing within one year $ 24,490  
Maturing after one year but within five years 127,044  
Maturing after five years but within ten years 42,007  
Maturing after ten years 192,839  
Securities available-for-sale, amortized cost 386,380  
Total securities available-for-sale, amortized cost 556,662 $ 621,588
Securities AFS, Fair Value    
Maturing within one year 24,216  
Maturing after one year but within five years 120,736  
Maturing after five years but within ten years 38,417  
Maturing after ten years 159,498  
Total securities available-for-sale, fair value 342,867  
Securities available for sale 502,583 559,182
Securities HTM, Amortized Cost    
Maturing within one year 13,117  
Maturing after one year but within five years 48,794  
Maturing after five years but within ten years 91,368  
Maturing after ten years 68,045  
Total securities held-to-maturity, amortized cost 221,324  
Amortized Cost 335,308 355,739
Securities HTM, Fair Value    
Maturing within one year 12,967  
Maturing after one year but within five years 46,630  
Maturing after five years but within ten years 82,613  
Maturing after ten years 57,339  
Total securities held-to-maturity, fair value 199,549  
Total securities held-to-maturity, fair value 293,242 301,860
U.S. agency residential mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 85,014  
Total securities available-for-sale, amortized cost 85,014 80,589
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 78,196  
Securities available for sale 78,196 71,137
Securities HTM, Amortized Cost    
Held to maturity securities, without single maturity date, amortized cost 102,564  
Amortized Cost 102,564 109,369
Securities HTM, Fair Value    
Held to maturity securities, without single maturity date, fair value 82,849  
Total securities held-to-maturity, fair value 82,849 84,738
U.S. agency commercial mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 8,362  
Total securities available-for-sale, amortized cost 8,362 12,821
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 7,455  
Securities available for sale 7,455 11,641
Securities HTM, Amortized Cost    
Held to maturity securities, without single maturity date, amortized cost 4,002  
Amortized Cost 4,002 4,120
Securities HTM, Fair Value    
Held to maturity securities, without single maturity date, fair value 3,741  
Total securities held-to-maturity, fair value 3,741 3,718
Private label mortgage-backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 44,358  
Total securities available-for-sale, amortized cost 44,358 74,268
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 41,936  
Securities available for sale 41,936 70,035
Securities HTM, Amortized Cost    
Held to maturity securities, without single maturity date, amortized cost 7,418  
Amortized Cost 7,418 7,541
Securities HTM, Fair Value    
Held to maturity securities, without single maturity date, fair value 7,103  
Total securities held-to-maturity, fair value 7,103 6,990
Other asset backed    
Securities AFS, Amortized Cost    
Available-for-sale securities, without single maturity, amortized cost 32,548  
Total securities available-for-sale, amortized cost 32,548 39,232
Securities AFS, Fair Value    
Available-for-sale securities, without single maturity, fair value. 32,129  
Securities available for sale 32,129 $ 38,516
Securities HTM, Amortized Cost    
Held to maturity securities, without single maturity date, amortized cost 0  
Securities HTM, Fair Value    
Held to maturity securities, without single maturity date, fair value $ 0  
v3.25.3
Securities - Schedule of Gains and Losses Realized on Sale of Securities Available for Sale (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]    
Proceeds from the sale of securities available for sale $ 30,581 $ 39,431
Debt Securities, Available-for-Sale, Realized Gain (Loss)    
Gain on sale of securities available-for-sale 37 14
Losses on sale of securities available-for-sale $ 392 $ 428
v3.25.3
Loans - Schedule of Financing Receivable, Current, Allowance for Credit Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance at beginning of period $ 61,157 $ 56,241 $ 59,379 $ 54,658 $ 54,658
Additions (deductions)          
Provision for credit losses 2,032 1,510 4,252 3,400  
Recoveries credited to the allowance 473 711 1,604 2,106  
Loans charged against the allowance (1,203) (1,018) (2,776) (2,720)  
Balance at end of period 62,459 57,444 62,459 57,444 59,379
Commercial          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance at beginning of period 25,890 18,979 22,872 16,724 16,724
Additions (deductions)          
Provision for credit losses 2,587 1,082 5,617 3,199  
Recoveries credited to the allowance 7 101 73 239  
Loans charged against the allowance 0 0 (78) 0 0
Balance at end of period 28,484 20,162 28,484 20,162 22,872
Mortgage          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance at beginning of period 20,752 20,731 22,317 21,386 21,386
Additions (deductions)          
Provision for credit losses (231) (1,004) (1,850) (1,524)  
Recoveries credited to the allowance 35 131 205 270  
Loans charged against the allowance (10) (26) (126) (300) (300)
Balance at end of period 20,546 19,832 20,546 19,832 22,317
Installment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance at beginning of period 3,015 3,901 3,040 4,126 4,126
Additions (deductions)          
Provision for credit losses 470 1,156 929 1,241  
Recoveries credited to the allowance 431 479 1,326 1,597  
Loans charged against the allowance (1,193) (992) (2,572) (2,420) (2,420)
Balance at end of period 2,723 4,544 2,723 4,544 3,040
Subjective Allocation          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Balance at beginning of period 11,500 12,630 11,150 12,422 12,422
Additions (deductions)          
Provision for credit losses (794) 276 (444) 484  
Recoveries credited to the allowance 0 0 0 0  
Loans charged against the allowance 0 0 0 0  
Balance at end of period $ 10,706 $ 12,906 $ 10,706 $ 12,906 $ 11,150
v3.25.3
Loans - Schedule of Financing Receivable, Nonaccrual (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total $ 14,157 $ 13,461
90+ and Still Accruing    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 0 0
Commercial and industrial    
Financing Receivable, Past Due [Line Items]    
Government guaranteed loans excluded from non-performing loans 0 5
1-4 family owner occupied - non-jumbo    
Financing Receivable, Past Due [Line Items]    
Government guaranteed loans excluded from non-performing loans 2,243 1,785
Commercial    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 6,852 6,496
Commercial | Commercial and industrial    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 3,657 3,310
Commercial | Commercial real estate    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 3,195 3,186
Mortgage    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 5,687 5,357
Mortgage | 1-4 family owner occupied - jumbo    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 2,734 2,520
Mortgage | 1-4 family owner occupied - non-jumbo    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 1,196 1,160
Mortgage | 1-4 family non-owner occupied    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 669 680
Mortgage | 1-4 family - 2nd lien    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 944 846
Mortgage | Resort lending    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 144 151
Installment    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 1,618 1,608
Installment | Boat lending    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 823 736
Installment | Recreational vehicle lending    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 521 576
Installment | Other    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 274 296
Non-performing TDR's    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 4,003 3,655
Non- Accrual with an Allowance for Credit Loss 16,352 2,347
Total Non- Accrual 20,355 6,002
90+ and Still Accruing 0 0
Total Non- Performing Loans 20,355 6,002
Accrued interest excluded from total 0 0
Non-performing TDR's | 90+ and Still Accruing    
Financing Receivable, Past Due [Line Items]    
Accrued interest excluded from total 0 0
Non-performing TDR's | Commercial | Commercial and industrial    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 0 49
Total Non- Accrual 0 49
90+ and Still Accruing 0 0
Total Non- Performing Loans 0 49
Non-performing TDR's | Commercial | Commercial real estate    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 13,825 0
Total Non- Accrual 13,825 0
90+ and Still Accruing 0 0
Total Non- Performing Loans 13,825 0
Non-performing TDR's | Mortgage | 1-4 family owner occupied - jumbo    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 1,480 1,480
Non- Accrual with an Allowance for Credit Loss 0 0
Total Non- Accrual 1,480 1,480
90+ and Still Accruing 0 0
Total Non- Performing Loans 1,480 1,480
Non-performing TDR's | Mortgage | 1-4 family owner occupied - non-jumbo    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 1,659 1,929
Non- Accrual with an Allowance for Credit Loss 718 496
Total Non- Accrual 2,377 2,425
90+ and Still Accruing 0 0
Total Non- Performing Loans 2,377 2,425
Non-performing TDR's | Mortgage | 1-4 family non-owner occupied    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 139 0
Non- Accrual with an Allowance for Credit Loss 93 157
Total Non- Accrual 232 157
90+ and Still Accruing 0 0
Total Non- Performing Loans 232 157
Non-performing TDR's | Mortgage | 1-4 family - 2nd lien    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 725 246
Non- Accrual with an Allowance for Credit Loss 759 769
Total Non- Accrual 1,484 1,015
90+ and Still Accruing 0 0
Total Non- Performing Loans 1,484 1,015
Non-performing TDR's | Mortgage | Resort lending    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 57 143
Total Non- Accrual 57 143
90+ and Still Accruing 0 0
Total Non- Performing Loans 57 143
Non-performing TDR's | Installment | Boat lending    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 400 209
Total Non- Accrual 400 209
90+ and Still Accruing 0 0
Total Non- Performing Loans 400 209
Non-performing TDR's | Installment | Recreational vehicle lending    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 288 377
Total Non- Accrual 288 377
90+ and Still Accruing 0 0
Total Non- Performing Loans 288 377
Non-performing TDR's | Installment | Other    
Financing Receivable, Past Due [Line Items]    
Non- Accrual with no Allowance for Credit Loss 0 0
Non- Accrual with an Allowance for Credit Loss 212 147
Total Non- Accrual 212 147
90+ and Still Accruing 0 0
Total Non- Performing Loans $ 212 $ 147
v3.25.3
Loans - Schedule of Amortized Cost of Collateral-dependent Loans by Class (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Financing Receivable, Past Due [Line Items]            
Loans $ 4,198,283   $ 4,038,825      
Allowance for Credit Losses 62,459 $ 61,157 59,379 $ 57,444 $ 56,241 $ 54,658
Accrued interest excluded from total 14,157   13,461      
Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 21,110   6,539      
Accrued interest excluded from total 8   5      
Other            
Financing Receivable, Past Due [Line Items]            
Loans 9,801   5,611      
Accrued interest excluded from total 56   34      
Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 5,660   2,300      
Commercial            
Financing Receivable, Past Due [Line Items]            
Loans 2,125,053   1,937,364      
Allowance for Credit Losses 28,484 25,890 22,872 20,162 18,979 16,724
Accrued interest excluded from total 6,852   6,496      
Commercial | Commercial and industrial            
Financing Receivable, Past Due [Line Items]            
Loans 1,118,967   1,001,329      
Accrued interest excluded from total 3,657   3,310      
Commercial | Commercial and industrial | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 687   686      
Commercial | Commercial and industrial | Other            
Financing Receivable, Past Due [Line Items]            
Loans 9,180   5,166      
Commercial | Commercial and industrial | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 1,481   1,647      
Commercial | Commercial real estate            
Financing Receivable, Past Due [Line Items]            
Loans 1,006,086   936,035      
Accrued interest excluded from total 3,195   3,186      
Commercial | Commercial real estate | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 15,012   817      
Commercial | Commercial real estate | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Commercial | Commercial real estate | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 3,459   3      
Mortgage            
Financing Receivable, Past Due [Line Items]            
Loans 1,517,656   1,516,726      
Allowance for Credit Losses 20,546 20,752 22,317 19,832 20,731 21,386
Accrued interest excluded from total 5,687   5,357      
Mortgage | 1-4 family owner occupied - jumbo            
Financing Receivable, Past Due [Line Items]            
Loans 878,803   875,551      
Accrued interest excluded from total 2,734   2,520      
Mortgage | 1-4 family owner occupied - jumbo | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 1,480   1,480      
Mortgage | 1-4 family owner occupied - jumbo | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Mortgage | 1-4 family owner occupied - jumbo | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 0   0      
Mortgage | 1-4 family owner occupied - non-jumbo            
Financing Receivable, Past Due [Line Items]            
Loans 288,620   299,142      
Accrued interest excluded from total 1,196   1,160      
Mortgage | 1-4 family owner occupied - non-jumbo | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 2,688   2,903      
Mortgage | 1-4 family owner occupied - non-jumbo | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Mortgage | 1-4 family owner occupied - non-jumbo | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 366   347      
Mortgage | 1-4 family non-owner occupied            
Financing Receivable, Past Due [Line Items]            
Loans 169,238   176,950      
Accrued interest excluded from total 669   680      
Mortgage | 1-4 family non-owner occupied | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 154   0      
Mortgage | 1-4 family non-owner occupied | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Mortgage | 1-4 family non-owner occupied | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 5   0      
Mortgage | 1-4 family - 2nd lien            
Financing Receivable, Past Due [Line Items]            
Loans 153,190   133,947      
Accrued interest excluded from total 944   846      
Mortgage | 1-4 family - 2nd lien | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 1,032   510      
Mortgage | 1-4 family - 2nd lien | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Mortgage | 1-4 family - 2nd lien | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 109   94      
Mortgage | Resort lending            
Financing Receivable, Past Due [Line Items]            
Loans 27,805   31,136      
Accrued interest excluded from total 144   151      
Mortgage | Resort lending | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 57   143      
Mortgage | Resort lending | Other            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Mortgage | Resort lending | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 20   51      
Installment            
Financing Receivable, Past Due [Line Items]            
Loans 555,574   584,735      
Allowance for Credit Losses 2,723 $ 3,015 3,040 $ 4,544 $ 3,901 $ 4,126
Accrued interest excluded from total 1,618   1,608      
Installment | Boat lending            
Financing Receivable, Past Due [Line Items]            
Loans 279,405   264,341      
Accrued interest excluded from total 823   736      
Installment | Boat lending | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Installment | Boat lending | Other            
Financing Receivable, Past Due [Line Items]            
Loans 318   87      
Installment | Boat lending | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 113   31      
Installment | Recreational vehicle lending            
Financing Receivable, Past Due [Line Items]            
Loans 200,344   224,537      
Accrued interest excluded from total 521   576      
Installment | Recreational vehicle lending | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Installment | Recreational vehicle lending | Other            
Financing Receivable, Past Due [Line Items]            
Loans 215   266      
Installment | Recreational vehicle lending | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses 76   94      
Installment | Other            
Financing Receivable, Past Due [Line Items]            
Loans 75,825   95,857      
Accrued interest excluded from total 274   296      
Installment | Other | Real Estate            
Financing Receivable, Past Due [Line Items]            
Loans 0   0      
Installment | Other | Other            
Financing Receivable, Past Due [Line Items]            
Loans 88   92      
Installment | Other | Allowance for Credit Losses            
Financing Receivable, Past Due [Line Items]            
Allowance for Credit Losses $ 31   $ 33      
v3.25.3
Loans - Schedule of Aging Analysis of Loans by Class (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Aging Analysis of Loans By Class    
Loans $ 4,198,283 $ 4,038,825
Accrued interest excluded from total 14,157 13,461
Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 11,453 12,899
Accrued interest excluded from total 68 109
30-59 days    
Aging Analysis of Loans By Class    
Loans 3,965 6,339
Accrued interest excluded from total 32 65
60-89 days    
Aging Analysis of Loans By Class    
Loans 3,479 3,035
Accrued interest excluded from total 36 44
90+ days    
Aging Analysis of Loans By Class    
Loans 4,009 3,525
Accrued interest excluded from total 0 0
Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 4,186,830 4,025,926
Accrued interest excluded from total 14,089 13,352
Commercial    
Aging Analysis of Loans By Class    
Loans 2,125,053 1,937,364
Accrued interest excluded from total 6,852 6,496
Commercial | Commercial and industrial    
Aging Analysis of Loans By Class    
Loans 1,118,967 1,001,329
Accrued interest excluded from total 3,657 3,310
Commercial | Commercial and industrial | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 0 132
Commercial | Commercial and industrial | 30-59 days    
Aging Analysis of Loans By Class    
Loans 0 78
Commercial | Commercial and industrial | 60-89 days    
Aging Analysis of Loans By Class    
Loans 0 0
Commercial | Commercial and industrial | 90+ days    
Aging Analysis of Loans By Class    
Loans 0 54
Commercial | Commercial and industrial | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 1,118,967 1,001,197
Commercial | Commercial real estate    
Aging Analysis of Loans By Class    
Loans 1,006,086 936,035
Accrued interest excluded from total 3,195 3,186
Commercial | Commercial real estate | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 0 0
Commercial | Commercial real estate | 30-59 days    
Aging Analysis of Loans By Class    
Loans 0 0
Commercial | Commercial real estate | 60-89 days    
Aging Analysis of Loans By Class    
Loans 0 0
Commercial | Commercial real estate | 90+ days    
Aging Analysis of Loans By Class    
Loans 0 0
Commercial | Commercial real estate | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 1,006,086 936,035
Mortgage    
Aging Analysis of Loans By Class    
Loans 1,517,656 1,516,726
Accrued interest excluded from total 5,687 5,357
Mortgage | 1-4 family owner occupied - jumbo    
Aging Analysis of Loans By Class    
Loans 878,803 875,551
Accrued interest excluded from total 2,734 2,520
Mortgage | 1-4 family owner occupied - jumbo | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 3,555 2,899
Mortgage | 1-4 family owner occupied - jumbo | 30-59 days    
Aging Analysis of Loans By Class    
Loans 662 755
Mortgage | 1-4 family owner occupied - jumbo | 60-89 days    
Aging Analysis of Loans By Class    
Loans 1,402 664
Mortgage | 1-4 family owner occupied - jumbo | 90+ days    
Aging Analysis of Loans By Class    
Loans 1,491 1,480
Mortgage | 1-4 family owner occupied - jumbo | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 875,248 872,652
Mortgage | 1-4 family owner occupied - non-jumbo    
Aging Analysis of Loans By Class    
Loans 288,620 299,142
Accrued interest excluded from total 1,196 1,160
Mortgage | 1-4 family owner occupied - non-jumbo | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 3,877 6,249
Mortgage | 1-4 family owner occupied - non-jumbo | 30-59 days    
Aging Analysis of Loans By Class    
Loans 1,371 3,395
Mortgage | 1-4 family owner occupied - non-jumbo | 60-89 days    
Aging Analysis of Loans By Class    
Loans 1,169 1,653
Mortgage | 1-4 family owner occupied - non-jumbo | 90+ days    
Aging Analysis of Loans By Class    
Loans 1,337 1,201
Mortgage | 1-4 family owner occupied - non-jumbo | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 284,743 292,893
Mortgage | 1-4 family non-owner occupied    
Aging Analysis of Loans By Class    
Loans 169,238 176,950
Accrued interest excluded from total 669 680
Mortgage | 1-4 family non-owner occupied | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 237 329
Mortgage | 1-4 family non-owner occupied | 30-59 days    
Aging Analysis of Loans By Class    
Loans 61 329
Mortgage | 1-4 family non-owner occupied | 60-89 days    
Aging Analysis of Loans By Class    
Loans 36 0
Mortgage | 1-4 family non-owner occupied | 90+ days    
Aging Analysis of Loans By Class    
Loans 140 0
Mortgage | 1-4 family non-owner occupied | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 169,001 176,621
Mortgage | 1-4 family - 2nd lien    
Aging Analysis of Loans By Class    
Loans 153,190 133,947
Accrued interest excluded from total 944 846
Mortgage | 1-4 family - 2nd lien | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 1,441 1,059
Mortgage | 1-4 family - 2nd lien | 30-59 days    
Aging Analysis of Loans By Class    
Loans 721 648
Mortgage | 1-4 family - 2nd lien | 60-89 days    
Aging Analysis of Loans By Class    
Loans 309 66
Mortgage | 1-4 family - 2nd lien | 90+ days    
Aging Analysis of Loans By Class    
Loans 411 345
Mortgage | 1-4 family - 2nd lien | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 151,749 132,888
Mortgage | Resort lending    
Aging Analysis of Loans By Class    
Loans 27,805 31,136
Accrued interest excluded from total 144 151
Mortgage | Resort lending | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 172 143
Mortgage | Resort lending | 30-59 days    
Aging Analysis of Loans By Class    
Loans 0 0
Mortgage | Resort lending | 60-89 days    
Aging Analysis of Loans By Class    
Loans 115 0
Mortgage | Resort lending | 90+ days    
Aging Analysis of Loans By Class    
Loans 57 143
Mortgage | Resort lending | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 27,633 30,993
Installment    
Aging Analysis of Loans By Class    
Loans 555,574 584,735
Accrued interest excluded from total 1,618 1,608
Installment | Boat lending    
Aging Analysis of Loans By Class    
Loans 279,405 264,341
Accrued interest excluded from total 823 736
Installment | Boat lending | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 552 467
Installment | Boat lending | 30-59 days    
Aging Analysis of Loans By Class    
Loans 199 281
Installment | Boat lending | 60-89 days    
Aging Analysis of Loans By Class    
Loans 35 99
Installment | Boat lending | 90+ days    
Aging Analysis of Loans By Class    
Loans 318 87
Installment | Boat lending | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 278,853 263,874
Installment | Recreational vehicle lending    
Aging Analysis of Loans By Class    
Loans 200,344 224,537
Accrued interest excluded from total 521 576
Installment | Recreational vehicle lending | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 1,070 1,207
Installment | Recreational vehicle lending | 30-59 days    
Aging Analysis of Loans By Class    
Loans 627 622
Installment | Recreational vehicle lending | 60-89 days    
Aging Analysis of Loans By Class    
Loans 251 395
Installment | Recreational vehicle lending | 90+ days    
Aging Analysis of Loans By Class    
Loans 192 190
Installment | Recreational vehicle lending | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans 199,274 223,330
Installment | Other    
Aging Analysis of Loans By Class    
Loans 75,825 95,857
Accrued interest excluded from total 274 296
Installment | Other | Financial Asset, Past Due    
Aging Analysis of Loans By Class    
Loans 549 414
Installment | Other | 30-59 days    
Aging Analysis of Loans By Class    
Loans 324 231
Installment | Other | 60-89 days    
Aging Analysis of Loans By Class    
Loans 162 158
Installment | Other | 90+ days    
Aging Analysis of Loans By Class    
Loans 63 25
Installment | Other | Loans not Past Due    
Aging Analysis of Loans By Class    
Loans $ 75,276 $ 95,443
v3.25.3
Loans - Narrative (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
analyst
payment
loan
Sep. 30, 2024
USD ($)
loan
Sep. 30, 2025
USD ($)
loan
analyst
payment
Sep. 30, 2024
USD ($)
loan
Dec. 31, 2024
USD ($)
Financing Receivable, Allowance for Credit Loss [Line Items]          
Modification, nonaccrual, number of loans | loan 0        
Troubled loan modification, term increase   2 years 1 month 6 days 12 years    
Troubled loan modification, nonaccrual, term increase       2 years 1 month 6 days  
Troubled loan modification, subsequent default     $ 0    
Past due period for modified loans     90 days    
Number of consecutive payments for mortgage loans missed | payment 4   4    
Real estate acquired through foreclosure $ 300   $ 300   $ 900
Mortgage loans in process of foreclosure, amount 2,400   2,400   $ 2,000
Proceeds from the sale of loans held for investment     20,222 $ 14,807  
Mortgage loans 1,474 $ 2,177 5,408 4,874  
Fixed Rate Residential Mortgage          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Proceeds from the sale of loans held for investment 4,500 6,600 19,900 14,700  
Mortgage loans $ 70 $ 120 $ 370 $ 250  
Mortgage          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Number of analysts used in forecast | analyst 50   50    
R&S forecast period     1 year    
Average unemployment rate, term     75 years    
Loss given default forecast period     2 years    
Reversion period     2 years    
Mortgage | 1-4 family owner occupied - non-jumbo          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Modification, nonaccrual, number of loans | loan   1 2 5  
Troubled loan modification   $ 80 $ 100    
Troubled loan modifications to total loans, percentage   0.10% 0.10%    
Troubled loan modification, nonaccrual       $ 510  
Troubled loan modifications to total loans, nonaccrual, percentage       0.001  
Mortgage | 1-4 family owner occupied - non-jumbo | Contractual Interest Rate Reduction          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Troubled loan modification, interest rate reduction, percent     4.75%    
Mortgage | 1-4 family - 2nd lien          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Modification, nonaccrual, number of loans | loan       1  
Troubled loan modification, nonaccrual       $ 70  
Troubled loan modifications to total loans, nonaccrual, percentage       0.001  
Installment          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Number of analysts used in forecast | analyst 50   50    
R&S forecast period     1 year    
Average unemployment rate, term     75 years    
Installment | Other          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Modification, nonaccrual, number of loans | loan       1  
Troubled loan modification, nonaccrual       $ 10  
Troubled loan modifications to total loans, nonaccrual, percentage       0.001  
v3.25.3
Loans - Schedule of Loan Ratings by Loan Class (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]          
Total loans $ 4,198,283   $ 4,198,283   $ 4,038,825
Accrued interest excluded from total 14,157   14,157   13,461
Current period gross charge-offs 1,203 $ 1,018 2,776 $ 2,720  
Commercial          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 277,014   277,014   338,456
Financing receivable, year two, originated, fiscal year before current fiscal year 364,626   364,626   378,767
Financing receivable, year three, originated, two years before current fiscal year 334,426   334,426   314,851
Financing receivable, year four, originated, three years before current fiscal year 298,449   298,449   157,670
Financing receivable, year five, originated, four years before current fiscal year 131,942   131,942   128,800
Financing receivable, originated, more than five years before current fiscal year 350,326   350,326   278,672
Revolving Loans Amortized Cost Basis 368,270   368,270   340,148
Total loans 2,125,053   2,125,053   1,937,364
Accrued interest, current fiscal year 830   830   1,220
Accrued interest, fiscal year before current 1,131   1,131   1,110
Accrued interest, two years before current 985   985   989
Accrued interest, three years before current 916   916   383
Accrued interest, four years before current 289   289   473
Accrued interest, more than five years before current fiscal year 1,279   1,279   999
Accrued interest, revolving 1,422   1,422   1,322
Accrued interest excluded from total 6,852   6,852   6,496
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     78   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     0   0
Gross charge-offs, revolving     0   0
Current period gross charge-offs 0 $ 0 78 $ 0 0
Commercial | Non-watch (1-6)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 268,636   268,636   325,415
Financing receivable, year two, originated, fiscal year before current fiscal year 359,511   359,511   373,660
Financing receivable, year three, originated, two years before current fiscal year 309,256   309,256   295,951
Financing receivable, year four, originated, three years before current fiscal year 280,926   280,926   146,278
Financing receivable, year five, originated, four years before current fiscal year 129,662   129,662   122,897
Financing receivable, originated, more than five years before current fiscal year 337,469   337,469   273,052
Revolving Loans Amortized Cost Basis 356,850   356,850   315,452
Total loans 2,042,310   2,042,310   1,852,705
Commercial | Watch (7-8)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 8,378   8,378   10,348
Financing receivable, year two, originated, fiscal year before current fiscal year 3,270   3,270   3,055
Financing receivable, year three, originated, two years before current fiscal year 10,944   10,944   17,258
Financing receivable, year four, originated, three years before current fiscal year 17,523   17,523   9,002
Financing receivable, year five, originated, four years before current fiscal year 1,270   1,270   5,636
Financing receivable, originated, more than five years before current fiscal year 11,907   11,907   4,736
Revolving Loans Amortized Cost Basis 4,570   4,570   20,183
Total loans 57,862   57,862   70,218
Commercial | Substandard Accrual (9)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   2,693
Financing receivable, year two, originated, fiscal year before current fiscal year 1,845   1,845   2,052
Financing receivable, year three, originated, two years before current fiscal year 401   401   1,642
Financing receivable, year four, originated, three years before current fiscal year 0   0   2,343
Financing receivable, year five, originated, four years before current fiscal year 1,010   1,010   267
Financing receivable, originated, more than five years before current fiscal year 950   950   877
Revolving Loans Amortized Cost Basis 6,850   6,850   4,513
Total loans 11,056   11,056   14,387
Commercial | Non-Accrual (10-11)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 13,825   13,825   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   47
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   7
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 13,825   13,825   54
Commercial | Commercial and industrial          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 135,124   135,124   196,302
Financing receivable, year two, originated, fiscal year before current fiscal year 197,672   197,672   142,377
Financing receivable, year three, originated, two years before current fiscal year 140,781   140,781   145,523
Financing receivable, year four, originated, three years before current fiscal year 116,365   116,365   82,482
Financing receivable, year five, originated, four years before current fiscal year 61,496   61,496   78,831
Financing receivable, originated, more than five years before current fiscal year 158,920   158,920   106,624
Revolving Loans Amortized Cost Basis 308,609   308,609   249,190
Total loans 1,118,967   1,118,967   1,001,329
Accrued interest, current fiscal year 376   376   612
Accrued interest, fiscal year before current 557   557   478
Accrued interest, two years before current 465   465   361
Accrued interest, three years before current 292   292   217
Accrued interest, four years before current 143   143   342
Accrued interest, more than five years before current fiscal year 626   626   341
Accrued interest, revolving 1,198   1,198   959
Accrued interest excluded from total 3,657   3,657   3,310
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     78   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     0   0
Gross charge-offs, revolving     0   0
Current period gross charge-offs     78   0
Commercial | Commercial and industrial | Non-watch (1-6)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 134,978   134,978   183,261
Financing receivable, year two, originated, fiscal year before current fiscal year 193,874   193,874   137,270
Financing receivable, year three, originated, two years before current fiscal year 137,933   137,933   142,630
Financing receivable, year four, originated, three years before current fiscal year 115,430   115,430   71,225
Financing receivable, year five, originated, four years before current fiscal year 59,345   59,345   72,928
Financing receivable, originated, more than five years before current fiscal year 151,690   151,690   106,086
Revolving Loans Amortized Cost Basis 297,535   297,535   242,573
Total loans 1,090,785   1,090,785   955,973
Commercial | Commercial and industrial | Watch (7-8)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 146   146   10,348
Financing receivable, year two, originated, fiscal year before current fiscal year 1,953   1,953   3,055
Financing receivable, year three, originated, two years before current fiscal year 2,848   2,848   1,251
Financing receivable, year four, originated, three years before current fiscal year 935   935   9,002
Financing receivable, year five, originated, four years before current fiscal year 1,270   1,270   5,636
Financing receivable, originated, more than five years before current fiscal year 6,940   6,940   336
Revolving Loans Amortized Cost Basis 4,224   4,224   2,104
Total loans 18,316   18,316   31,732
Commercial | Commercial and industrial | Substandard Accrual (9)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   2,693
Financing receivable, year two, originated, fiscal year before current fiscal year 1,845   1,845   2,052
Financing receivable, year three, originated, two years before current fiscal year 0   0   1,642
Financing receivable, year four, originated, three years before current fiscal year 0   0   2,208
Financing receivable, year five, originated, four years before current fiscal year 881   881   267
Financing receivable, originated, more than five years before current fiscal year 290   290   195
Revolving Loans Amortized Cost Basis 6,850   6,850   4,513
Total loans 9,866   9,866   13,570
Commercial | Commercial and industrial | Non-Accrual (10-11)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   47
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   7
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   54
Commercial | Commercial real estate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 141,890   141,890   142,154
Financing receivable, year two, originated, fiscal year before current fiscal year 166,954   166,954   236,390
Financing receivable, year three, originated, two years before current fiscal year 193,645   193,645   169,328
Financing receivable, year four, originated, three years before current fiscal year 182,084   182,084   75,188
Financing receivable, year five, originated, four years before current fiscal year 70,446   70,446   49,969
Financing receivable, originated, more than five years before current fiscal year 191,406   191,406   172,048
Revolving Loans Amortized Cost Basis 59,661   59,661   90,958
Total loans 1,006,086   1,006,086   936,035
Accrued interest, current fiscal year 454   454   608
Accrued interest, fiscal year before current 574   574   632
Accrued interest, two years before current 520   520   628
Accrued interest, three years before current 624   624   166
Accrued interest, four years before current 146   146   131
Accrued interest, more than five years before current fiscal year 653   653   658
Accrued interest, revolving 224   224   363
Accrued interest excluded from total 3,195   3,195   3,186
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     0   0
Gross charge-offs, revolving     0   0
Current period gross charge-offs     0   0
Commercial | Commercial real estate | Non-watch (1-6)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 133,658   133,658   142,154
Financing receivable, year two, originated, fiscal year before current fiscal year 165,637   165,637   236,390
Financing receivable, year three, originated, two years before current fiscal year 171,323   171,323   153,321
Financing receivable, year four, originated, three years before current fiscal year 165,496   165,496   75,053
Financing receivable, year five, originated, four years before current fiscal year 70,317   70,317   49,969
Financing receivable, originated, more than five years before current fiscal year 185,779   185,779   166,966
Revolving Loans Amortized Cost Basis 59,315   59,315   72,879
Total loans 951,525   951,525   896,732
Commercial | Commercial real estate | Watch (7-8)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 8,232   8,232   0
Financing receivable, year two, originated, fiscal year before current fiscal year 1,317   1,317   0
Financing receivable, year three, originated, two years before current fiscal year 8,096   8,096   16,007
Financing receivable, year four, originated, three years before current fiscal year 16,588   16,588   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 4,967   4,967   4,400
Revolving Loans Amortized Cost Basis 346   346   18,079
Total loans 39,546   39,546   38,486
Commercial | Commercial real estate | Substandard Accrual (9)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 401   401   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   135
Financing receivable, year five, originated, four years before current fiscal year 129   129   0
Financing receivable, originated, more than five years before current fiscal year 660   660   682
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 1,190   1,190   817
Commercial | Commercial real estate | Non-Accrual (10-11)          
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 13,825   13,825   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans $ 13,825   $ 13,825   $ 0
v3.25.3
Loans - Credit Scores by Loan Class, Mortgage and Installment Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Summary of Credit Scores by Loan Class          
Total loans $ 4,198,283   $ 4,198,283   $ 4,038,825
Accrued interest excluded from total 14,157   14,157   13,461
Current period gross charge-offs 1,203 $ 1,018 2,776 $ 2,720  
Mortgage          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 90,662   90,662   114,265
Financing receivable, year two, originated, fiscal year before current fiscal year 101,551   101,551   127,634
Financing receivable, year three, originated, two years before current fiscal year 113,842   113,842   313,443
Financing receivable, year four, originated, three years before current fiscal year 284,756   284,756   435,959
Financing receivable, year five, originated, four years before current fiscal year 413,830   413,830   164,525
Financing receivable, originated, more than five years before current fiscal year 364,370   364,370   232,606
Revolving Loans Amortized Cost Basis 148,645   148,645   128,294
Total loans 1,517,656   1,517,656   1,516,726
Accrued interest, current fiscal year 432   432   472
Accrued interest, fiscal year before current 552   552   624
Accrued interest, two years before current 553   553   970
Accrued interest, three years before current 902   902   973
Accrued interest, four years before current 960   960   406
Accrued interest, more than five years before current fiscal year 1,224   1,224   954
Accrued interest, revolving 1,064   1,064   958
Accrued interest excluded from total 5,687   5,687   5,357
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   22
Gross charge-offs, three years before current     19   23
Gross charge-offs, four years before current     6   0
Gross charge-offs, more than five years before current     101   233
Gross charge-offs, revolving     0   22
Current period gross charge-offs 10 26 126 300 300
Mortgage | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 15,662   15,662   11,801
Financing receivable, year two, originated, fiscal year before current fiscal year 9,477   9,477   16,111
Financing receivable, year three, originated, two years before current fiscal year 17,462   17,462   58,852
Financing receivable, year four, originated, three years before current fiscal year 57,615   57,615   73,646
Financing receivable, year five, originated, four years before current fiscal year 82,415   82,415   30,580
Financing receivable, originated, more than five years before current fiscal year 63,323   63,323   35,342
Revolving Loans Amortized Cost Basis 21,955   21,955   17,208
Total loans 267,909   267,909   243,540
Mortgage | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 46,370   46,370   60,232
Financing receivable, year two, originated, fiscal year before current fiscal year 58,064   58,064   69,204
Financing receivable, year three, originated, two years before current fiscal year 57,434   57,434   151,641
Financing receivable, year four, originated, three years before current fiscal year 134,401   134,401   245,621
Financing receivable, year five, originated, four years before current fiscal year 234,844   234,844   84,979
Financing receivable, originated, more than five years before current fiscal year 146,179   146,179   91,798
Revolving Loans Amortized Cost Basis 71,798   71,798   59,139
Total loans 749,090   749,090   762,614
Mortgage | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 18,607   18,607   26,638
Financing receivable, year two, originated, fiscal year before current fiscal year 25,987   25,987   24,872
Financing receivable, year three, originated, two years before current fiscal year 23,078   23,078   61,484
Financing receivable, year four, originated, three years before current fiscal year 57,352   57,352   85,925
Financing receivable, year five, originated, four years before current fiscal year 67,388   67,388   25,496
Financing receivable, originated, more than five years before current fiscal year 74,486   74,486   46,466
Revolving Loans Amortized Cost Basis 37,554   37,554   33,440
Total loans 304,452   304,452   304,321
Mortgage | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 8,426   8,426   14,079
Financing receivable, year two, originated, fiscal year before current fiscal year 5,986   5,986   13,925
Financing receivable, year three, originated, two years before current fiscal year 9,557   9,557   25,904
Financing receivable, year four, originated, three years before current fiscal year 20,972   20,972   25,049
Financing receivable, year five, originated, four years before current fiscal year 20,631   20,631   12,356
Financing receivable, originated, more than five years before current fiscal year 44,876   44,876   28,942
Revolving Loans Amortized Cost Basis 13,101   13,101   14,659
Total loans 123,549   123,549   134,914
Mortgage | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,597   1,597   682
Financing receivable, year two, originated, fiscal year before current fiscal year 786   786   2,430
Financing receivable, year three, originated, two years before current fiscal year 4,046   4,046   10,733
Financing receivable, year four, originated, three years before current fiscal year 8,761   8,761   2,595
Financing receivable, year five, originated, four years before current fiscal year 4,214   4,214   5,485
Financing receivable, originated, more than five years before current fiscal year 13,453   13,453   14,126
Revolving Loans Amortized Cost Basis 2,530   2,530   2,372
Total loans 35,387   35,387   38,423
Mortgage | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   746
Financing receivable, year two, originated, fiscal year before current fiscal year 1,166   1,166   548
Financing receivable, year three, originated, two years before current fiscal year 1,884   1,884   2,816
Financing receivable, year four, originated, three years before current fiscal year 3,283   3,283   1,931
Financing receivable, year five, originated, four years before current fiscal year 3,021   3,021   3,799
Financing receivable, originated, more than five years before current fiscal year 10,402   10,402   4,806
Revolving Loans Amortized Cost Basis 1,116   1,116   552
Total loans 20,872   20,872   15,198
Mortgage | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   87
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   59
Financing receivable, year three, originated, two years before current fiscal year 84   84   1,993
Financing receivable, year four, originated, three years before current fiscal year 1,952   1,952   1,094
Financing receivable, year five, originated, four years before current fiscal year 1,219   1,219   1,178
Financing receivable, originated, more than five years before current fiscal year 8,919   8,919   7,519
Revolving Loans Amortized Cost Basis 567   567   919
Total loans 12,741   12,741   12,849
Mortgage | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 85   85   485
Financing receivable, year three, originated, two years before current fiscal year 297   297   20
Financing receivable, year four, originated, three years before current fiscal year 420   420   98
Financing receivable, year five, originated, four years before current fiscal year 98   98   652
Financing receivable, originated, more than five years before current fiscal year 2,732   2,732   3,607
Revolving Loans Amortized Cost Basis 24   24   5
Total loans 3,656   3,656   4,867
Mortgage | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | 1-4 family owner occupied - jumbo          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 58,120   58,120   57,391
Financing receivable, year two, originated, fiscal year before current fiscal year 62,539   62,539   81,843
Financing receivable, year three, originated, two years before current fiscal year 69,784   69,784   215,052
Financing receivable, year four, originated, three years before current fiscal year 195,129   195,129   333,112
Financing receivable, year five, originated, four years before current fiscal year 316,489   316,489   111,309
Financing receivable, originated, more than five years before current fiscal year 172,391   172,391   73,619
Revolving Loans Amortized Cost Basis 4,351   4,351   3,225
Total loans 878,803   878,803   875,551
Accrued interest, current fiscal year 265   265   264
Accrued interest, fiscal year before current 307   307   377
Accrued interest, two years before current 353   353   634
Accrued interest, three years before current 595   595   712
Accrued interest, four years before current 716   716   264
Accrued interest, more than five years before current fiscal year 460   460   238
Accrued interest, revolving 38   38   31
Accrued interest excluded from total 2,734   2,734   2,520
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   22
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     0   0
Gross charge-offs, revolving     0   0
Current period gross charge-offs     0   22
Mortgage | 1-4 family owner occupied - jumbo | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 8,154   8,154   5,009
Financing receivable, year two, originated, fiscal year before current fiscal year 5,850   5,850   12,192
Financing receivable, year three, originated, two years before current fiscal year 10,895   10,895   37,147
Financing receivable, year four, originated, three years before current fiscal year 39,616   39,616   51,242
Financing receivable, year five, originated, four years before current fiscal year 59,830   59,830   22,126
Financing receivable, originated, more than five years before current fiscal year 31,923   31,923   14,291
Revolving Loans Amortized Cost Basis 709   709   0
Total loans 156,977   156,977   142,007
Mortgage | 1-4 family owner occupied - jumbo | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 29,151   29,151   33,118
Financing receivable, year two, originated, fiscal year before current fiscal year 34,883   34,883   43,013
Financing receivable, year three, originated, two years before current fiscal year 33,679   33,679   106,378
Financing receivable, year four, originated, three years before current fiscal year 89,609   89,609   194,725
Financing receivable, year five, originated, four years before current fiscal year 184,279   184,279   58,703
Financing receivable, originated, more than five years before current fiscal year 81,095   81,095   35,103
Revolving Loans Amortized Cost Basis 1,148   1,148   1,275
Total loans 453,844   453,844   472,315
Mortgage | 1-4 family owner occupied - jumbo | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 14,630   14,630   13,981
Financing receivable, year two, originated, fiscal year before current fiscal year 16,074   16,074   13,602
Financing receivable, year three, originated, two years before current fiscal year 13,007   13,007   40,219
Financing receivable, year four, originated, three years before current fiscal year 40,329   40,329   68,687
Financing receivable, year five, originated, four years before current fiscal year 54,308   54,308   17,552
Financing receivable, originated, more than five years before current fiscal year 31,822   31,822   11,669
Revolving Loans Amortized Cost Basis 2,494   2,494   450
Total loans 172,664   172,664   166,160
Mortgage | 1-4 family owner occupied - jumbo | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 5,056   5,056   4,537
Financing receivable, year two, originated, fiscal year before current fiscal year 4,115   4,115   10,286
Financing receivable, year three, originated, two years before current fiscal year 7,639   7,639   19,366
Financing receivable, year four, originated, three years before current fiscal year 15,332   15,332   15,736
Financing receivable, year five, originated, four years before current fiscal year 14,096   14,096   6,937
Financing receivable, originated, more than five years before current fiscal year 18,197   18,197   6,555
Revolving Loans Amortized Cost Basis 0   0   1,500
Total loans 64,435   64,435   64,917
Mortgage | 1-4 family owner occupied - jumbo | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,129   1,129   0
Financing receivable, year two, originated, fiscal year before current fiscal year 746   746   2,265
Financing receivable, year three, originated, two years before current fiscal year 3,569   3,569   9,528
Financing receivable, year four, originated, three years before current fiscal year 6,936   6,936   1,636
Financing receivable, year five, originated, four years before current fiscal year 1,574   1,574   2,288
Financing receivable, originated, more than five years before current fiscal year 4,604   4,604   4,619
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 18,558   18,558   20,336
Mortgage | 1-4 family owner occupied - jumbo | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   746
Financing receivable, year two, originated, fiscal year before current fiscal year 871   871   0
Financing receivable, year three, originated, two years before current fiscal year 995   995   2,414
Financing receivable, year four, originated, three years before current fiscal year 2,626   2,626   1,086
Financing receivable, year five, originated, four years before current fiscal year 1,677   1,677   2,803
Financing receivable, originated, more than five years before current fiscal year 2,068   2,068   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 8,237   8,237   7,049
Mortgage | 1-4 family owner occupied - jumbo | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 681   681   0
Financing receivable, year five, originated, four years before current fiscal year 725   725   900
Financing receivable, originated, more than five years before current fiscal year 1,959   1,959   664
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 3,365   3,365   1,564
Mortgage | 1-4 family owner occupied - jumbo | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   485
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 723   723   718
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 723   723   1,203
Mortgage | 1-4 family owner occupied - jumbo | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | 1-4 family owner occupied - non-jumbo          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 14,044   14,044   31,345
Financing receivable, year two, originated, fiscal year before current fiscal year 15,436   15,436   22,924
Financing receivable, year three, originated, two years before current fiscal year 22,188   22,188   61,708
Financing receivable, year four, originated, three years before current fiscal year 59,520   59,520   47,561
Financing receivable, year five, originated, four years before current fiscal year 46,204   46,204   29,256
Financing receivable, originated, more than five years before current fiscal year 105,452   105,452   85,554
Revolving Loans Amortized Cost Basis 25,776   25,776   20,794
Total loans 288,620   288,620   299,142
Accrued interest, current fiscal year 91   91   105
Accrued interest, fiscal year before current 123   123   139
Accrued interest, two years before current 93   93   195
Accrued interest, three years before current 193   193   113
Accrued interest, four years before current 109   109   77
Accrued interest, more than five years before current fiscal year 395   395   368
Accrued interest, revolving 192   192   163
Accrued interest excluded from total 1,196   1,196   1,160
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   0
Gross charge-offs, three years before current     19   23
Gross charge-offs, four years before current     6   0
Gross charge-offs, more than five years before current     5   22
Gross charge-offs, revolving     0   0
Current period gross charge-offs     30   45
Mortgage | 1-4 family owner occupied - non-jumbo | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 3,699   3,699   1,919
Financing receivable, year two, originated, fiscal year before current fiscal year 1,312   1,312   2,113
Financing receivable, year three, originated, two years before current fiscal year 3,317   3,317   14,018
Financing receivable, year four, originated, three years before current fiscal year 12,283   12,283   8,928
Financing receivable, year five, originated, four years before current fiscal year 9,875   9,875   3,089
Financing receivable, originated, more than five years before current fiscal year 15,521   15,521   9,138
Revolving Loans Amortized Cost Basis 4,602   4,602   4,066
Total loans 50,609   50,609   43,271
Mortgage | 1-4 family owner occupied - non-jumbo | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 6,470   6,470   12,472
Financing receivable, year two, originated, fiscal year before current fiscal year 7,607   7,607   10,604
Financing receivable, year three, originated, two years before current fiscal year 11,573   11,573   26,405
Financing receivable, year four, originated, three years before current fiscal year 29,361   29,361   21,548
Financing receivable, year five, originated, four years before current fiscal year 21,473   21,473   14,028
Financing receivable, originated, more than five years before current fiscal year 28,383   28,383   23,586
Revolving Loans Amortized Cost Basis 14,934   14,934   10,429
Total loans 119,801   119,801   119,072
Mortgage | 1-4 family owner occupied - non-jumbo | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,585   1,585   7,927
Financing receivable, year two, originated, fiscal year before current fiscal year 4,490   4,490   7,110
Financing receivable, year three, originated, two years before current fiscal year 5,653   5,653   12,810
Financing receivable, year four, originated, three years before current fiscal year 9,416   9,416   9,598
Financing receivable, year five, originated, four years before current fiscal year 8,829   8,829   5,492
Financing receivable, originated, more than five years before current fiscal year 26,194   26,194   21,692
Revolving Loans Amortized Cost Basis 4,289   4,289   4,231
Total loans 60,456   60,456   68,860
Mortgage | 1-4 family owner occupied - non-jumbo | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,822   1,822   8,258
Financing receivable, year two, originated, fiscal year before current fiscal year 1,647   1,647   2,758
Financing receivable, year three, originated, two years before current fiscal year 939   939   5,586
Financing receivable, year four, originated, three years before current fiscal year 4,979   4,979   4,885
Financing receivable, year five, originated, four years before current fiscal year 2,583   2,583   2,262
Financing receivable, originated, more than five years before current fiscal year 14,992   14,992   12,820
Revolving Loans Amortized Cost Basis 1,536   1,536   1,848
Total loans 28,498   28,498   38,417
Mortgage | 1-4 family owner occupied - non-jumbo | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 468   468   682
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   126
Financing receivable, year three, originated, two years before current fiscal year 214   214   1,001
Financing receivable, year four, originated, three years before current fiscal year 1,743   1,743   762
Financing receivable, year five, originated, four years before current fiscal year 1,844   1,844   2,459
Financing receivable, originated, more than five years before current fiscal year 6,257   6,257   6,757
Revolving Loans Amortized Cost Basis 207   207   180
Total loans 10,733   10,733   11,967
Mortgage | 1-4 family owner occupied - non-jumbo | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 295   295   213
Financing receivable, year three, originated, two years before current fiscal year 492   492   365
Financing receivable, year four, originated, three years before current fiscal year 579   579   794
Financing receivable, year five, originated, four years before current fiscal year 1,239   1,239   996
Financing receivable, originated, more than five years before current fiscal year 6,780   6,780   3,438
Revolving Loans Amortized Cost Basis 55   55   40
Total loans 9,440   9,440   5,846
Mortgage | 1-4 family owner occupied - non-jumbo | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   87
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   1,523
Financing receivable, year four, originated, three years before current fiscal year 739   739   948
Financing receivable, year five, originated, four years before current fiscal year 263   263   278
Financing receivable, originated, more than five years before current fiscal year 5,714   5,714   5,780
Revolving Loans Amortized Cost Basis 129   129   0
Total loans 6,845   6,845   8,616
Mortgage | 1-4 family owner occupied - non-jumbo | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 85   85   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 420   420   98
Financing receivable, year five, originated, four years before current fiscal year 98   98   652
Financing receivable, originated, more than five years before current fiscal year 1,611   1,611   2,343
Revolving Loans Amortized Cost Basis 24   24   0
Total loans 2,238   2,238   3,093
Mortgage | 1-4 family owner occupied - non-jumbo | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | 1-4 family non-owner occupied          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 12,252   12,252   19,943
Financing receivable, year two, originated, fiscal year before current fiscal year 18,669   18,669   18,075
Financing receivable, year three, originated, two years before current fiscal year 16,126   16,126   30,352
Financing receivable, year four, originated, three years before current fiscal year 24,720   24,720   48,867
Financing receivable, year five, originated, four years before current fiscal year 44,803   44,803   18,394
Financing receivable, originated, more than five years before current fiscal year 48,548   48,548   35,371
Revolving Loans Amortized Cost Basis 4,120   4,120   5,948
Total loans 169,238   169,238   176,950
Accrued interest, current fiscal year 54   54   84
Accrued interest, fiscal year before current 104   104   85
Accrued interest, two years before current 80   80   119
Accrued interest, three years before current 94   94   134
Accrued interest, four years before current 118   118   48
Accrued interest, more than five years before current fiscal year 190   190   166
Accrued interest, revolving 29   29   44
Accrued interest excluded from total 669   669   680
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     10   158
Gross charge-offs, revolving     0   0
Current period gross charge-offs     10   158
Mortgage | 1-4 family non-owner occupied | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 2,006   2,006   4,122
Financing receivable, year two, originated, fiscal year before current fiscal year 2,096   2,096   1,557
Financing receivable, year three, originated, two years before current fiscal year 2,684   2,684   7,468
Financing receivable, year four, originated, three years before current fiscal year 5,055   5,055   12,757
Financing receivable, year five, originated, four years before current fiscal year 11,718   11,718   4,204
Financing receivable, originated, more than five years before current fiscal year 10,486   10,486   6,975
Revolving Loans Amortized Cost Basis 546   546   897
Total loans 34,591   34,591   37,980
Mortgage | 1-4 family non-owner occupied | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 7,841   7,841   11,433
Financing receivable, year two, originated, fiscal year before current fiscal year 12,530   12,530   12,831
Financing receivable, year three, originated, two years before current fiscal year 9,536   9,536   15,929
Financing receivable, year four, originated, three years before current fiscal year 13,117   13,117   25,543
Financing receivable, year five, originated, four years before current fiscal year 25,707   25,707   9,920
Financing receivable, originated, more than five years before current fiscal year 20,297   20,297   16,439
Revolving Loans Amortized Cost Basis 1,716   1,716   2,539
Total loans 90,744   90,744   94,634
Mortgage | 1-4 family non-owner occupied | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,244   1,244   3,372
Financing receivable, year two, originated, fiscal year before current fiscal year 4,017   4,017   3,218
Financing receivable, year three, originated, two years before current fiscal year 3,340   3,340   6,289
Financing receivable, year four, originated, three years before current fiscal year 5,876   5,876   6,401
Financing receivable, year five, originated, four years before current fiscal year 3,603   3,603   1,308
Financing receivable, originated, more than five years before current fiscal year 9,821   9,821   6,131
Revolving Loans Amortized Cost Basis 1,575   1,575   2,072
Total loans 29,476   29,476   28,791
Mortgage | 1-4 family non-owner occupied | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,161   1,161   1,016
Financing receivable, year two, originated, fiscal year before current fiscal year 26   26   431
Financing receivable, year three, originated, two years before current fiscal year 533   533   297
Financing receivable, year four, originated, three years before current fiscal year 243   243   4,115
Financing receivable, year five, originated, four years before current fiscal year 3,273   3,273   2,552
Financing receivable, originated, more than five years before current fiscal year 5,525   5,525   3,560
Revolving Loans Amortized Cost Basis 226   226   332
Total loans 10,987   10,987   12,303
Mortgage | 1-4 family non-owner occupied | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 33   33   0
Financing receivable, year four, originated, three years before current fiscal year 60   60   0
Financing receivable, year five, originated, four years before current fiscal year 451   451   410
Financing receivable, originated, more than five years before current fiscal year 1,461   1,461   930
Revolving Loans Amortized Cost Basis 57   57   108
Total loans 2,062   2,062   1,448
Mortgage | 1-4 family non-owner occupied | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   38
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 51   51   0
Financing receivable, originated, more than five years before current fiscal year 598   598   919
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 649   649   957
Mortgage | 1-4 family non-owner occupied | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   369
Financing receivable, year four, originated, three years before current fiscal year 369   369   51
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 178   178   221
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 547   547   641
Mortgage | 1-4 family non-owner occupied | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 182   182   196
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 182   182   196
Mortgage | 1-4 family non-owner occupied | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | 1-4 family - 2nd lien          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 6,125   6,125   5,586
Financing receivable, year two, originated, fiscal year before current fiscal year 4,907   4,907   4,753
Financing receivable, year three, originated, two years before current fiscal year 5,721   5,721   5,424
Financing receivable, year four, originated, three years before current fiscal year 4,783   4,783   5,145
Financing receivable, year five, originated, four years before current fiscal year 5,160   5,160   4,276
Financing receivable, originated, more than five years before current fiscal year 12,096   12,096   10,436
Revolving Loans Amortized Cost Basis 114,398   114,398   98,327
Total loans 153,190   153,190   133,947
Accrued interest, current fiscal year 21   21   19
Accrued interest, fiscal year before current 18   18   23
Accrued interest, two years before current 27   27   18
Accrued interest, three years before current 18   18   11
Accrued interest, four years before current 14   14   13
Accrued interest, more than five years before current fiscal year 41   41   42
Accrued interest, revolving 805   805   720
Accrued interest excluded from total 944   944   846
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     0   3
Gross charge-offs, revolving     0   22
Current period gross charge-offs     0   25
Mortgage | 1-4 family - 2nd lien | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,803   1,803   751
Financing receivable, year two, originated, fiscal year before current fiscal year 219   219   249
Financing receivable, year three, originated, two years before current fiscal year 543   543   219
Financing receivable, year four, originated, three years before current fiscal year 661   661   185
Financing receivable, year five, originated, four years before current fiscal year 581   581   1,161
Financing receivable, originated, more than five years before current fiscal year 2,067   2,067   859
Revolving Loans Amortized Cost Basis 16,098   16,098   12,245
Total loans 21,972   21,972   15,669
Mortgage | 1-4 family - 2nd lien | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 2,787   2,787   3,209
Financing receivable, year two, originated, fiscal year before current fiscal year 3,044   3,044   2,717
Financing receivable, year three, originated, two years before current fiscal year 2,646   2,646   2,290
Financing receivable, year four, originated, three years before current fiscal year 1,710   1,710   3,065
Financing receivable, year five, originated, four years before current fiscal year 2,914   2,914   1,604
Financing receivable, originated, more than five years before current fiscal year 3,637   3,637   3,825
Revolving Loans Amortized Cost Basis 54,000   54,000   44,896
Total loans 70,738   70,738   61,606
Mortgage | 1-4 family - 2nd lien | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,148   1,148   1,358
Financing receivable, year two, originated, fiscal year before current fiscal year 1,406   1,406   942
Financing receivable, year three, originated, two years before current fiscal year 1,078   1,078   1,898
Financing receivable, year four, originated, three years before current fiscal year 1,731   1,731   1,239
Financing receivable, year five, originated, four years before current fiscal year 648   648   932
Financing receivable, originated, more than five years before current fiscal year 2,258   2,258   2,123
Revolving Loans Amortized Cost Basis 29,196   29,196   26,687
Total loans 37,465   37,465   35,179
Mortgage | 1-4 family - 2nd lien | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 387   387   268
Financing receivable, year two, originated, fiscal year before current fiscal year 198   198   450
Financing receivable, year three, originated, two years before current fiscal year 446   446   655
Financing receivable, year four, originated, three years before current fiscal year 418   418   313
Financing receivable, year five, originated, four years before current fiscal year 387   387   251
Financing receivable, originated, more than five years before current fiscal year 1,706   1,706   1,385
Revolving Loans Amortized Cost Basis 11,339   11,339   10,979
Total loans 14,881   14,881   14,301
Mortgage | 1-4 family - 2nd lien | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 40   40   39
Financing receivable, year three, originated, two years before current fiscal year 230   230   204
Financing receivable, year four, originated, three years before current fiscal year 22   22   197
Financing receivable, year five, originated, four years before current fiscal year 345   345   328
Financing receivable, originated, more than five years before current fiscal year 582   582   769
Revolving Loans Amortized Cost Basis 2,266   2,266   2,084
Total loans 3,485   3,485   3,621
Mortgage | 1-4 family - 2nd lien | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   297
Financing receivable, year three, originated, two years before current fiscal year 397   397   37
Financing receivable, year four, originated, three years before current fiscal year 78   78   51
Financing receivable, year five, originated, four years before current fiscal year 54   54   0
Financing receivable, originated, more than five years before current fiscal year 562   562   357
Revolving Loans Amortized Cost Basis 1,061   1,061   512
Total loans 2,152   2,152   1,254
Mortgage | 1-4 family - 2nd lien | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   59
Financing receivable, year three, originated, two years before current fiscal year 84   84   101
Financing receivable, year four, originated, three years before current fiscal year 163   163   95
Financing receivable, year five, originated, four years before current fiscal year 231   231   0
Financing receivable, originated, more than five years before current fiscal year 1,068   1,068   768
Revolving Loans Amortized Cost Basis 438   438   919
Total loans 1,984   1,984   1,942
Mortgage | 1-4 family - 2nd lien | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 297   297   20
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 216   216   350
Revolving Loans Amortized Cost Basis 0   0   5
Total loans 513   513   375
Mortgage | 1-4 family - 2nd lien | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | Resort lending          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 121   121   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   39
Financing receivable, year three, originated, two years before current fiscal year 23   23   907
Financing receivable, year four, originated, three years before current fiscal year 604   604   1,274
Financing receivable, year five, originated, four years before current fiscal year 1,174   1,174   1,290
Financing receivable, originated, more than five years before current fiscal year 25,883   25,883   27,626
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 27,805   27,805   31,136
Accrued interest, current fiscal year 1   1   0
Accrued interest, fiscal year before current 0   0   0
Accrued interest, two years before current 0   0   4
Accrued interest, three years before current 2   2   3
Accrued interest, four years before current 3   3   4
Accrued interest, more than five years before current fiscal year 138   138   140
Accrued interest, revolving 0   0   0
Accrued interest excluded from total 144   144   151
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     0   0
Gross charge-offs, two years before current     0   0
Gross charge-offs, three years before current     0   0
Gross charge-offs, four years before current     0   0
Gross charge-offs, more than five years before current     86   50
Gross charge-offs, revolving     0   0
Current period gross charge-offs     86   50
Mortgage | Resort lending | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 23   23   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   534
Financing receivable, year five, originated, four years before current fiscal year 411   411   0
Financing receivable, originated, more than five years before current fiscal year 3,326   3,326   4,079
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 3,760   3,760   4,613
Mortgage | Resort lending | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 121   121   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   39
Financing receivable, year three, originated, two years before current fiscal year 0   0   639
Financing receivable, year four, originated, three years before current fiscal year 604   604   740
Financing receivable, year five, originated, four years before current fiscal year 471   471   724
Financing receivable, originated, more than five years before current fiscal year 12,767   12,767   12,845
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 13,963   13,963   14,987
Mortgage | Resort lending | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   268
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   212
Financing receivable, originated, more than five years before current fiscal year 4,391   4,391   4,851
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 4,391   4,391   5,331
Mortgage | Resort lending | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 292   292   354
Financing receivable, originated, more than five years before current fiscal year 4,456   4,456   4,622
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 4,748   4,748   4,976
Mortgage | Resort lending | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 549   549   1,051
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 549   549   1,051
Mortgage | Resort lending | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 394   394   92
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 394   394   92
Mortgage | Resort lending | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   86
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   86
Mortgage | Resort lending | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Mortgage | Resort lending | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Revolving Loans Amortized Cost Basis 0   0   0
Total loans 0   0   0
Installment          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 74,857   74,857   103,366
Financing receivable, year two, originated, fiscal year before current fiscal year 71,604   71,604   89,458
Financing receivable, year three, originated, two years before current fiscal year 76,218   76,218   134,165
Financing receivable, year four, originated, three years before current fiscal year 116,069   116,069   122,919
Financing receivable, year five, originated, four years before current fiscal year 107,324   107,324   44,325
Financing receivable, originated, more than five years before current fiscal year 109,502   109,502   90,502
Total loans 555,574   555,574   584,735
Accrued interest, current fiscal year 254   254   344
Accrued interest, fiscal year before current 282   282   332
Accrued interest, two years before current 286   286   320
Accrued interest, three years before current 276   276   280
Accrued interest, four years before current 244   244   101
Accrued interest, more than five years before current fiscal year 276   276   231
Accrued interest excluded from total 1,618   1,618   1,608
Gross charge-offs, current fiscal year     1,092   1,327
Gross charge-offs, fiscal year before current     62   119
Gross charge-offs, two years before current     172   275
Gross charge-offs, three years before current     537   347
Gross charge-offs, four years before current     456   99
Gross charge-offs, more than five years before current     253   253
Current period gross charge-offs 1,193 $ 992 2,572 $ 2,420 2,420
Installment | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 11,061   11,061   8,832
Financing receivable, year two, originated, fiscal year before current fiscal year 5,775   5,775   12,295
Financing receivable, year three, originated, two years before current fiscal year 12,028   12,028   21,740
Financing receivable, year four, originated, three years before current fiscal year 18,122   18,122   18,206
Financing receivable, year five, originated, four years before current fiscal year 15,503   15,503   7,533
Financing receivable, originated, more than five years before current fiscal year 20,273   20,273   17,172
Total loans 82,762   82,762   85,778
Installment | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 42,718   42,718   46,786
Financing receivable, year two, originated, fiscal year before current fiscal year 38,231   38,231   48,375
Financing receivable, year three, originated, two years before current fiscal year 40,030   40,030   68,956
Financing receivable, year four, originated, three years before current fiscal year 58,930   58,930   61,856
Financing receivable, year five, originated, four years before current fiscal year 53,547   53,547   23,015
Financing receivable, originated, more than five years before current fiscal year 54,365   54,365   45,823
Total loans 287,821   287,821   294,811
Installment | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 16,402   16,402   31,311
Financing receivable, year two, originated, fiscal year before current fiscal year 20,528   20,528   19,658
Financing receivable, year three, originated, two years before current fiscal year 16,559   16,559   29,667
Financing receivable, year four, originated, three years before current fiscal year 26,651   26,651   27,972
Financing receivable, year five, originated, four years before current fiscal year 25,846   25,846   9,646
Financing receivable, originated, more than five years before current fiscal year 23,108   23,108   17,915
Total loans 129,094   129,094   136,169
Installment | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 3,559   3,559   14,238
Financing receivable, year two, originated, fiscal year before current fiscal year 4,979   4,979   6,470
Financing receivable, year three, originated, two years before current fiscal year 5,223   5,223   8,483
Financing receivable, year four, originated, three years before current fiscal year 8,034   8,034   8,755
Financing receivable, year five, originated, four years before current fiscal year 7,204   7,204   2,870
Financing receivable, originated, more than five years before current fiscal year 7,503   7,503   6,240
Total loans 36,502   36,502   47,056
Installment | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 328   328   1,309
Financing receivable, year two, originated, fiscal year before current fiscal year 1,388   1,388   1,611
Financing receivable, year three, originated, two years before current fiscal year 1,277   1,277   2,839
Financing receivable, year four, originated, three years before current fiscal year 2,036   2,036   3,022
Financing receivable, year five, originated, four years before current fiscal year 2,388   2,388   614
Financing receivable, originated, more than five years before current fiscal year 2,126   2,126   1,695
Total loans 9,543   9,543   11,090
Installment | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 60   60   121
Financing receivable, year two, originated, fiscal year before current fiscal year 407   407   609
Financing receivable, year three, originated, two years before current fiscal year 583   583   1,178
Financing receivable, year four, originated, three years before current fiscal year 1,141   1,141   1,679
Financing receivable, year five, originated, four years before current fiscal year 1,671   1,671   232
Financing receivable, originated, more than five years before current fiscal year 1,335   1,335   926
Total loans 5,197   5,197   4,745
Installment | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   77
Financing receivable, year two, originated, fiscal year before current fiscal year 216   216   321
Financing receivable, year three, originated, two years before current fiscal year 385   385   1,074
Financing receivable, year four, originated, three years before current fiscal year 787   787   1,173
Financing receivable, year five, originated, four years before current fiscal year 965   965   393
Financing receivable, originated, more than five years before current fiscal year 677   677   538
Total loans 3,030   3,030   3,576
Installment | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   11
Financing receivable, year two, originated, fiscal year before current fiscal year 80   80   119
Financing receivable, year three, originated, two years before current fiscal year 133   133   228
Financing receivable, year four, originated, three years before current fiscal year 368   368   256
Financing receivable, year five, originated, four years before current fiscal year 200   200   22
Financing receivable, originated, more than five years before current fiscal year 115   115   193
Total loans 896   896   829
Installment | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 729   729   681
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Total loans 729   729   681
Installment | Boat lending          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 50,732   50,732   47,095
Financing receivable, year two, originated, fiscal year before current fiscal year 40,999   40,999   48,938
Financing receivable, year three, originated, two years before current fiscal year 43,358   43,358   52,414
Financing receivable, year four, originated, three years before current fiscal year 45,590   45,590   45,533
Financing receivable, year five, originated, four years before current fiscal year 40,490   40,490   20,848
Financing receivable, originated, more than five years before current fiscal year 58,236   58,236   49,513
Total loans 279,405   279,405   264,341
Accrued interest, current fiscal year 174   174   179
Accrued interest, fiscal year before current 162   162   178
Accrued interest, two years before current 167   167   124
Accrued interest, three years before current 104   104   104
Accrued interest, four years before current 91   91   50
Accrued interest, more than five years before current fiscal year 125   125   101
Accrued interest excluded from total 823   823   736
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     13   8
Gross charge-offs, two years before current     0   31
Gross charge-offs, three years before current     247   8
Gross charge-offs, four years before current     28   49
Gross charge-offs, more than five years before current     79   53
Current period gross charge-offs     367   149
Installment | Boat lending | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 8,642   8,642   6,125
Financing receivable, year two, originated, fiscal year before current fiscal year 4,290   4,290   6,702
Financing receivable, year three, originated, two years before current fiscal year 7,205   7,205   8,231
Financing receivable, year four, originated, three years before current fiscal year 7,795   7,795   7,492
Financing receivable, year five, originated, four years before current fiscal year 6,530   6,530   3,512
Financing receivable, originated, more than five years before current fiscal year 10,664   10,664   9,079
Total loans 45,126   45,126   41,141
Installment | Boat lending | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 30,763   30,763   26,320
Financing receivable, year two, originated, fiscal year before current fiscal year 21,874   21,874   29,173
Financing receivable, year three, originated, two years before current fiscal year 25,400   25,400   28,608
Financing receivable, year four, originated, three years before current fiscal year 22,955   22,955   24,858
Financing receivable, year five, originated, four years before current fiscal year 22,194   22,194   11,604
Financing receivable, originated, more than five years before current fiscal year 30,864   30,864   26,792
Total loans 154,050   154,050   147,355
Installment | Boat lending | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 10,039   10,039   11,397
Financing receivable, year two, originated, fiscal year before current fiscal year 11,858   11,858   9,487
Financing receivable, year three, originated, two years before current fiscal year 7,825   7,825   11,342
Financing receivable, year four, originated, three years before current fiscal year 11,108   11,108   9,807
Financing receivable, year five, originated, four years before current fiscal year 8,671   8,671   4,177
Financing receivable, originated, more than five years before current fiscal year 11,428   11,428   9,137
Total loans 60,929   60,929   55,347
Installment | Boat lending | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,031   1,031   2,722
Financing receivable, year two, originated, fiscal year before current fiscal year 2,308   2,308   2,888
Financing receivable, year three, originated, two years before current fiscal year 2,241   2,241   2,516
Financing receivable, year four, originated, three years before current fiscal year 2,506   2,506   2,419
Financing receivable, year five, originated, four years before current fiscal year 1,983   1,983   1,191
Financing receivable, originated, more than five years before current fiscal year 3,541   3,541   3,111
Total loans 13,610   13,610   14,847
Installment | Boat lending | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 204   204   504
Financing receivable, year two, originated, fiscal year before current fiscal year 485   485   438
Financing receivable, year three, originated, two years before current fiscal year 480   480   1,104
Financing receivable, year four, originated, three years before current fiscal year 584   584   364
Financing receivable, year five, originated, four years before current fiscal year 504   504   148
Financing receivable, originated, more than five years before current fiscal year 998   998   775
Total loans 3,255   3,255   3,333
Installment | Boat lending | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 53   53   0
Financing receivable, year two, originated, fiscal year before current fiscal year 81   81   215
Financing receivable, year three, originated, two years before current fiscal year 68   68   464
Financing receivable, year four, originated, three years before current fiscal year 311   311   394
Financing receivable, year five, originated, four years before current fiscal year 418   418   76
Financing receivable, originated, more than five years before current fiscal year 533   533   301
Total loans 1,464   1,464   1,450
Installment | Boat lending | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   27
Financing receivable, year two, originated, fiscal year before current fiscal year 103   103   0
Financing receivable, year three, originated, two years before current fiscal year 104   104   135
Financing receivable, year four, originated, three years before current fiscal year 198   198   199
Financing receivable, year five, originated, four years before current fiscal year 190   190   140
Financing receivable, originated, more than five years before current fiscal year 174   174   238
Total loans 769   769   739
Installment | Boat lending | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   35
Financing receivable, year three, originated, two years before current fiscal year 35   35   14
Financing receivable, year four, originated, three years before current fiscal year 133   133   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 34   34   80
Total loans 202   202   129
Installment | Boat lending | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Total loans 0   0   0
Installment | Recreational vehicle lending          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 5,723   5,723   18,619
Financing receivable, year two, originated, fiscal year before current fiscal year 15,632   15,632   23,741
Financing receivable, year three, originated, two years before current fiscal year 20,550   20,550   65,682
Financing receivable, year four, originated, three years before current fiscal year 59,109   59,109   67,126
Financing receivable, year five, originated, four years before current fiscal year 59,764   59,764   18,928
Financing receivable, originated, more than five years before current fiscal year 39,566   39,566   30,441
Total loans 200,344   200,344   224,537
Accrued interest, current fiscal year 23   23   69
Accrued interest, fiscal year before current 57   57   89
Accrued interest, two years before current 73   73   156
Accrued interest, three years before current 144   144   154
Accrued interest, four years before current 136   136   41
Accrued interest, more than five years before current fiscal year 88   88   67
Accrued interest excluded from total 521   521   576
Gross charge-offs, current fiscal year     0   0
Gross charge-offs, fiscal year before current     11   42
Gross charge-offs, two years before current     140   152
Gross charge-offs, three years before current     232   322
Gross charge-offs, four years before current     399   42
Gross charge-offs, more than five years before current     109   109
Current period gross charge-offs     891   667
Installment | Recreational vehicle lending | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 660   660   1,365
Financing receivable, year two, originated, fiscal year before current fiscal year 948   948   4,270
Financing receivable, year three, originated, two years before current fiscal year 3,635   3,635   11,721
Financing receivable, year four, originated, three years before current fiscal year 9,099   9,099   9,776
Financing receivable, year five, originated, four years before current fiscal year 8,302   8,302   3,382
Financing receivable, originated, more than five years before current fiscal year 8,583   8,583   7,262
Total loans 31,227   31,227   37,776
Installment | Recreational vehicle lending | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 3,895   3,895   10,528
Financing receivable, year two, originated, fiscal year before current fiscal year 9,232   9,232   11,173
Financing receivable, year three, originated, two years before current fiscal year 9,158   9,158   33,140
Financing receivable, year four, originated, three years before current fiscal year 30,951   30,951   32,266
Financing receivable, year five, originated, four years before current fiscal year 28,395   28,395   9,398
Financing receivable, originated, more than five years before current fiscal year 18,304   18,304   14,656
Total loans 99,935   99,935   111,161
Installment | Recreational vehicle lending | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,040   1,040   5,402
Financing receivable, year two, originated, fiscal year before current fiscal year 3,921   3,921   5,230
Financing receivable, year three, originated, two years before current fiscal year 5,055   5,055   14,093
Financing receivable, year four, originated, three years before current fiscal year 12,181   12,181   15,336
Financing receivable, year five, originated, four years before current fiscal year 15,017   15,017   4,177
Financing receivable, originated, more than five years before current fiscal year 8,264   8,264   5,500
Total loans 45,478   45,478   49,738
Installment | Recreational vehicle lending | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 121   121   965
Financing receivable, year two, originated, fiscal year before current fiscal year 963   963   1,949
Financing receivable, year three, originated, two years before current fiscal year 1,688   1,688   4,278
Financing receivable, year four, originated, three years before current fiscal year 4,718   4,718   5,357
Financing receivable, year five, originated, four years before current fiscal year 4,489   4,489   1,249
Financing receivable, originated, more than five years before current fiscal year 2,766   2,766   1,836
Total loans 14,745   14,745   15,634
Installment | Recreational vehicle lending | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   268
Financing receivable, year two, originated, fiscal year before current fiscal year 323   323   697
Financing receivable, year three, originated, two years before current fiscal year 526   526   1,213
Financing receivable, year four, originated, three years before current fiscal year 995   995   2,364
Financing receivable, year five, originated, four years before current fiscal year 1,677   1,677   407
Financing receivable, originated, more than five years before current fiscal year 691   691   502
Total loans 4,212   4,212   5,451
Installment | Recreational vehicle lending | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 7   7   41
Financing receivable, year two, originated, fiscal year before current fiscal year 137   137   183
Financing receivable, year three, originated, two years before current fiscal year 284   284   443
Financing receivable, year four, originated, three years before current fiscal year 576   576   1,075
Financing receivable, year five, originated, four years before current fiscal year 1,109   1,109   135
Financing receivable, originated, more than five years before current fiscal year 535   535   415
Total loans 2,648   2,648   2,292
Installment | Recreational vehicle lending | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   50
Financing receivable, year two, originated, fiscal year before current fiscal year 39   39   172
Financing receivable, year three, originated, two years before current fiscal year 131   131   638
Financing receivable, year four, originated, three years before current fiscal year 387   387   745
Financing receivable, year five, originated, four years before current fiscal year 604   604   161
Financing receivable, originated, more than five years before current fiscal year 374   374   207
Total loans 1,535   1,535   1,973
Installment | Recreational vehicle lending | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 69   69   67
Financing receivable, year three, originated, two years before current fiscal year 73   73   156
Financing receivable, year four, originated, three years before current fiscal year 202   202   207
Financing receivable, year five, originated, four years before current fiscal year 171   171   19
Financing receivable, originated, more than five years before current fiscal year 49   49   63
Total loans 564   564   512
Installment | Recreational vehicle lending | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Total loans 0   0   0
Installment | Other          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 18,402   18,402   37,652
Financing receivable, year two, originated, fiscal year before current fiscal year 14,973   14,973   16,779
Financing receivable, year three, originated, two years before current fiscal year 12,310   12,310   16,069
Financing receivable, year four, originated, three years before current fiscal year 11,370   11,370   10,260
Financing receivable, year five, originated, four years before current fiscal year 7,070   7,070   4,549
Financing receivable, originated, more than five years before current fiscal year 11,700   11,700   10,548
Total loans 75,825   75,825   95,857
Accrued interest, current fiscal year 57   57   96
Accrued interest, fiscal year before current 63   63   65
Accrued interest, two years before current 46   46   40
Accrued interest, three years before current 28   28   22
Accrued interest, four years before current 17   17   10
Accrued interest, more than five years before current fiscal year 63   63   63
Accrued interest excluded from total 274   274   296
Gross charge-offs, current fiscal year     1,092   1,327
Gross charge-offs, fiscal year before current     38   69
Gross charge-offs, two years before current     32   92
Gross charge-offs, three years before current     58   17
Gross charge-offs, four years before current     29   8
Gross charge-offs, more than five years before current     65   91
Current period gross charge-offs     1,314   1,604
Installment | Other | 800 and above          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 1,759   1,759   1,342
Financing receivable, year two, originated, fiscal year before current fiscal year 537   537   1,323
Financing receivable, year three, originated, two years before current fiscal year 1,188   1,188   1,788
Financing receivable, year four, originated, three years before current fiscal year 1,228   1,228   938
Financing receivable, year five, originated, four years before current fiscal year 671   671   639
Financing receivable, originated, more than five years before current fiscal year 1,026   1,026   831
Total loans 6,409   6,409   6,861
Installment | Other | 750-799          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 8,060   8,060   9,938
Financing receivable, year two, originated, fiscal year before current fiscal year 7,125   7,125   8,029
Financing receivable, year three, originated, two years before current fiscal year 5,472   5,472   7,208
Financing receivable, year four, originated, three years before current fiscal year 5,024   5,024   4,732
Financing receivable, year five, originated, four years before current fiscal year 2,958   2,958   2,013
Financing receivable, originated, more than five years before current fiscal year 5,197   5,197   4,375
Total loans 33,836   33,836   36,295
Installment | Other | 700-749          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 5,323   5,323   14,512
Financing receivable, year two, originated, fiscal year before current fiscal year 4,749   4,749   4,941
Financing receivable, year three, originated, two years before current fiscal year 3,679   3,679   4,232
Financing receivable, year four, originated, three years before current fiscal year 3,362   3,362   2,829
Financing receivable, year five, originated, four years before current fiscal year 2,158   2,158   1,292
Financing receivable, originated, more than five years before current fiscal year 3,416   3,416   3,278
Total loans 22,687   22,687   31,084
Installment | Other | 650-699          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 2,407   2,407   10,551
Financing receivable, year two, originated, fiscal year before current fiscal year 1,708   1,708   1,633
Financing receivable, year three, originated, two years before current fiscal year 1,294   1,294   1,689
Financing receivable, year four, originated, three years before current fiscal year 810   810   979
Financing receivable, year five, originated, four years before current fiscal year 732   732   430
Financing receivable, originated, more than five years before current fiscal year 1,196   1,196   1,293
Total loans 8,147   8,147   16,575
Installment | Other | 600-649          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 124   124   537
Financing receivable, year two, originated, fiscal year before current fiscal year 580   580   476
Financing receivable, year three, originated, two years before current fiscal year 271   271   522
Financing receivable, year four, originated, three years before current fiscal year 457   457   294
Financing receivable, year five, originated, four years before current fiscal year 207   207   59
Financing receivable, originated, more than five years before current fiscal year 437   437   418
Total loans 2,076   2,076   2,306
Installment | Other | 550-599          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   80
Financing receivable, year two, originated, fiscal year before current fiscal year 189   189   211
Financing receivable, year three, originated, two years before current fiscal year 231   231   271
Financing receivable, year four, originated, three years before current fiscal year 254   254   210
Financing receivable, year five, originated, four years before current fiscal year 144   144   21
Financing receivable, originated, more than five years before current fiscal year 267   267   210
Total loans 1,085   1,085   1,003
Installment | Other | 500-549          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   0
Financing receivable, year two, originated, fiscal year before current fiscal year 74   74   149
Financing receivable, year three, originated, two years before current fiscal year 150   150   301
Financing receivable, year four, originated, three years before current fiscal year 202   202   229
Financing receivable, year five, originated, four years before current fiscal year 171   171   92
Financing receivable, originated, more than five years before current fiscal year 129   129   93
Total loans 726   726   864
Installment | Other | Under 500          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 0   0   11
Financing receivable, year two, originated, fiscal year before current fiscal year 11   11   17
Financing receivable, year three, originated, two years before current fiscal year 25   25   58
Financing receivable, year four, originated, three years before current fiscal year 33   33   49
Financing receivable, year five, originated, four years before current fiscal year 29   29   3
Financing receivable, originated, more than five years before current fiscal year 32   32   50
Total loans 130   130   188
Installment | Other | Unknown          
Summary of Credit Scores by Loan Class          
Financing receivable, year one, originated, current fiscal year 729   729   681
Financing receivable, year two, originated, fiscal year before current fiscal year 0   0   0
Financing receivable, year three, originated, two years before current fiscal year 0   0   0
Financing receivable, year four, originated, three years before current fiscal year 0   0   0
Financing receivable, year five, originated, four years before current fiscal year 0   0   0
Financing receivable, originated, more than five years before current fiscal year 0   0   0
Total loans $ 729   $ 729   $ 681
v3.25.3
Shareholders' Equity and Earnings Per Common Share - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 17, 2024
Class of Stock [Line Items]          
Stock repurchased during period (in shares) 13,732   266,008    
Stock repurchased during period, value $ 413   $ 7,770    
Share-Based Payment Arrangement, Option          
Class of Stock [Line Items]          
Antidilutive shares excluded from computation of diluted loss per share (in shares) 0 0 0 0  
Common Stock          
Class of Stock [Line Items]          
Number of shares authorized for repurchase (in shares)         1,100,000
Stock repurchased during period (in shares) 13,732   266,008 0  
Stock repurchased during period, value $ 413   $ 7,770    
v3.25.3
Shareholders' Equity and Earnings Per Common Share - Schedule of Reconciliation of Basic and Diluted Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Earnings Per Share Reconciliation [Abstract]        
Net income $ 17,502 $ 13,810 $ 49,969 $ 48,329
Weighted average shares outstanding (in shares) 20,702 20,896 20,797 20,892
Stock units for deferred compensation plan for non-employee directors (in shares) 173 182 175 178
Performance share units (in shares) 28 34 27 27
Effect of stock options (in shares) 2 3 2 3
Weighted average shares outstanding for calculation of diluted earnings per share (in shares) 20,905 21,115 21,001 21,100
Net income per common share        
Basic (in dollars per share) $ 0.85 $ 0.66 $ 2.40 $ 2.31
Diluted (in dollars per share) $ 0.84 $ 0.65 $ 2.38 $ 2.29
v3.25.3
Derivative Financial Instruments - Schedule of Derivative Financial Instruments According to Type of Hedge Designation (Details) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Derivatives not designated as hedging instruments    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 1,317,354 $ 1,108,683
Average Maturity (years) 4 years 6 months 4 years 10 months 24 days
Fair Value $ 226 $ 162
Derivatives not designated as hedging instruments | Rate-lock mortgage loan commitments    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 20,929 $ 12,703
Average Maturity (years) 1 month 6 days 1 month 6 days
Fair Value $ 187 $ 100
Derivatives not designated as hedging instruments | Mandatory commitments to sell mortgage loans    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 30,147 $ 19,874
Average Maturity (years) 1 month 6 days 1 month 6 days
Fair Value $ 39 $ 62
Fixed Income Interest Rate | Derivatives not designated as hedging instruments | Interest Rate Swap | Commercial    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 633,139 $ 538,053
Average Maturity (years) 4 years 8 months 12 days 5 years
Fair Value $ (3,422) $ 13,325
Variable Income Interest Rate | Derivatives not designated as hedging instruments | Interest Rate Swap | Commercial    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 633,139 $ 538,053
Average Maturity (years) 4 years 8 months 12 days 5 years
Fair Value $ 3,422 $ (13,325)
Fair Value Hedging    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 412,210 $ 442,512
Average Maturity (years) 2 years 2 years 7 months 6 days
Fair Value $ 5,982 $ 14,320
Fair Value Hedging | Interest rate cap agreements    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 40,970 $ 40,970
Average Maturity (years) 2 years 7 months 6 days 3 years 3 months 18 days
Fair Value $ 51 $ 334
Fair Value Hedging | Fixed Income Interest Rate | Interest Rate Swap | Commercial    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 5,345 $ 5,647
Average Maturity (years) 3 years 7 months 6 days 4 years 4 months 24 days
Fair Value $ 189 $ 361
Fair Value Hedging | Fixed Income Interest Rate | Interest Rate Swap | Installment    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 100,000 $ 100,000
Average Maturity (years) 1 year 8 months 12 days 2 years 4 months 24 days
Fair Value $ (917) $ 77
Fair Value Hedging | Fixed Income Interest Rate | Interest Rate Swap | Mortgage    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 117,000 $ 147,000
Average Maturity (years) 1 year 10 months 24 days 2 years 2 months 12 days
Fair Value $ (1,272) $ 283
Fair Value Hedging | Fixed Income Interest Rate | Pay-fixed interest rate swap agreements - securities available for sale    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 148,895 $ 148,895
Average Maturity (years) 2 years 1 month 6 days 2 years 9 months 18 days
Fair Value $ 7,931 $ 13,265
Cash Flow Hedging    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 500,000 $ 400,000
Average Maturity (years) 1 year 10 months 24 days 2 years 1 month 6 days
Fair Value $ 5,169 $ 3,954
Cash Flow Hedging | Interest rate floor agreements - commercial    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 450,000 $ 375,000
Average Maturity (years) 1 year 10 months 24 days 2 years 3 months 18 days
Fair Value $ 5,090 $ 3,642
Cash Flow Hedging | Interest rate cap agreements - short-term funding liabilities    
Derivative Instrument Detail [Abstract]    
Notional Amount $ 50,000 $ 25,000
Average Maturity (years) 2 years 4 months 24 days 3 years 4 months 24 days
Fair Value $ 79 $ 312
v3.25.3
Derivative Financial Instruments - Narrative (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]            
Unrealized gains (losses) on derivative instruments $ 490,742 $ 469,250 $ 454,686 $ 452,369 $ 430,459 $ 404,449
Cash flow hedge gain (loss) to be reclassified within 12 months $ (1,300)          
Derivative, term of contract (in years) 3 years 8 months 12 days          
Unrealized Gains (Losses) on Derivative Instruments            
Derivative Instruments, Gain (Loss) [Line Items]            
Unrealized gains (losses) on derivative instruments $ (1,234) $ (784) $ (2,070) $ 1,012 $ (1,464) $ 177
Interest Rate Cap, Terminated Q2 2023 | Unrealized Gains (Losses) on Derivative Instruments            
Derivative Instruments, Gain (Loss) [Line Items]            
Unrealized gains (losses) on derivative instruments $ 140          
v3.25.3
Derivative Financial Instruments - Schedule of Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives $ 32,106 $ 37,059
Liability Derivatives 20,729 18,623
Derivatives designated as hedging instruments    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 13,380 18,624
Liability Derivatives 2,229 350
Derivatives designated as hedging instruments | Interest rate cap agreements | Other assets    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 130 646
Derivatives designated as hedging instruments | Interest rate cap agreements | Other liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 0 0
Derivatives designated as hedging instruments | Interest rate floor agreements | Other assets    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 5,090 3,642
Derivatives designated as hedging instruments | Interest rate floor agreements | Other liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 0 0
Derivatives designated as hedging instruments | Fixed Income Interest Rate | Interest Rate Swap | Other assets    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 8,160 14,336
Derivatives designated as hedging instruments | Fixed Income Interest Rate | Interest Rate Swap | Other liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 2,229 350
Derivatives not designated as hedging instruments    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 18,726 18,435
Liability Derivatives 18,500 18,273
Derivatives not designated as hedging instruments | Rate-lock mortgage loan commitments | Other assets    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 187 100
Derivatives not designated as hedging instruments | Rate-lock mortgage loan commitments | Other liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 0 0
Derivatives not designated as hedging instruments | Mandatory commitments to sell mortgage loans | Other assets    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 39 62
Derivatives not designated as hedging instruments | Mandatory commitments to sell mortgage loans | Other liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 0 0
Derivatives not designated as hedging instruments | Fixed Income Interest Rate | Interest Rate Swap | Other assets | Commercial    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 7,539 15,799
Derivatives not designated as hedging instruments | Fixed Income Interest Rate | Interest Rate Swap | Other liabilities | Commercial    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives 10,961 2,474
Derivatives not designated as hedging instruments | Variable Income Interest Rate | Interest Rate Swap | Other assets | Commercial    
Derivative Instruments, Gain (Loss) [Line Items]    
Asset Derivatives 10,961 2,474
Derivatives not designated as hedging instruments | Variable Income Interest Rate | Interest Rate Swap | Other liabilities | Commercial    
Derivative Instruments, Gain (Loss) [Line Items]    
Liability Derivatives $ 7,539 $ 15,799
v3.25.3
Derivative Financial Instruments - Schedule of Derivative Instruments, Gain (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) $ (1,182) $ 2,744 $ (485) $ 52
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (610) (390) (1,543) (1,005)
No hedge designation        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (13) (11) 64 384
No hedge designation | Rate-lock mortgage loan commitments        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (184) 111 87 80
No hedge designation | Mandatory commitments to sell mortgage loans        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income 171 (122) (23) 304
No hedge designation | Fixed Income Interest Rate | Commercial | Interest Rate Swap        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (1,879) (15,031) (16,747) (8,482)
No hedge designation | Variable Income Interest Rate | Commercial | Interest Rate Swap        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income 1,879 15,031 16,747 8,482
Fair Value Hedging | Interest rate cap agreements - securities available for sale        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) (43) (255) (283) (194)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (55) (57) (172) (167)
Gain (Loss) Recognized in Income 0 (119) 0 (81)
Fair Value Hedging | Interest rate cap agreements        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) (43) (255) (283) (194)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (55) (57) (172) (167)
Gain (Loss) Recognized in Income (1,293) (10,546) (8,055) (5,380)
Fair Value Hedging | Fixed Income Interest Rate | Pay-fixed interest rate swap agreements - securities available for sale        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (1,162) (4,882) (5,334) (4,028)
Fair Value Hedging | Fixed Income Interest Rate | Commercial | Interest Rate Swap        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (25) (184) (172) (110)
Fair Value Hedging | Fixed Income Interest Rate | Installment | Interest Rate Swap        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (15) (2,421) (994) (513)
Fair Value Hedging | Fixed Income Interest Rate | Mortgage | Interest Rate Swap        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Income (91) (2,940) (1,555) (648)
Cash Flow Hedging        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) (1,139) 2,999 (202) 246
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (555) (333) (1,371) (838)
Gain (Loss) Recognized in Income (555) (333) (1,371) (838)
Cash Flow Hedging | Interest rate cap agreements - short-term funding liabilities        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) (93) 0 (293) 0
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (4) 0 (8) 0
Gain (Loss) Recognized in Income (4) 0 (8) 0
Cash Flow Hedging | Commercial | Interest rate floor agreements        
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]        
Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion) (1,046) 2,999 91 246
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) (551) (333) (1,363) (838)
Gain (Loss) Recognized in Income $ (551) $ (333) $ (1,363) $ (838)
v3.25.3
Goodwill and Other Intangibles - Summary of Intangible Assets, Net of Amortization (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]    
Gross Carrying Amount $ 11,916 $ 11,916
Accumulated Amortization 10,793 10,428
Goodwill $ 28,300 $ 28,300
v3.25.3
Goodwill and Other Intangibles - Summary of Estimated Core Deposits Intangible Amortization (Details)
$ in Thousands
Sep. 30, 2025
USD ($)
Summary of estimated core deposits intangible amortization [Abstract]  
Three months ending December 31, 2025 $ 122
2026 460
2027 434
2028 107
Total $ 1,123
v3.25.3
Share Based Compensation - Narrative (Details) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Number of additional shares approved for grant (in shares)     300  
Shares issued on deferral basis credited percentage of current value 90.00%   90.00%  
Share-based payment arrangement, nonvested award, cost not yet recognized, amount $ 3,400   $ 3,400  
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition     2 years  
Long-Term Incentive Plan        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Share-based payment arrangement, expense 500 $ 500 $ 1,800 $ 1,600
Tax benefit relating to compensation expense recognized 100 100 $ 400 $ 300
Restricted stock | Long-Term Incentive Plan        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Share-based compensation arrangement by share-based payment award, award vesting period     3 years 3 years
PSU | Long-Term Incentive Plan        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Share-based compensation arrangement by share-based payment award, award vesting period     3 years 3 years
Performance feature comparison period     3 years 3 years
Non-Employee Directors        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Number of additional shares approved for grant (in shares)     100  
Share-based payment arrangement, expense 70 60 $ 190 $ 180
Tax benefit relating to compensation expense recognized $ 20 $ 10 $ 40 $ 40
Director        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Shares issues as retainer fees (in shares)     6 7
v3.25.3
Share Based Compensation - Summary of Restricted Stock and Performance Stock Units (Details) - Long-Term Incentive Plan - shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Restricted stock        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Granted (in shares) 0 0 53,019 81,355
PSU        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Granted (in shares) 0 0 16,364 18,822
v3.25.3
Share Based Compensation - Schedule of Share-Based Payment Arrangement, Option, Activity (Details) - Share-Based Payment Arrangement, Option
$ / shares in Units, $ in Thousands
 9 Months Ended
Sep. 30, 2025
USD ($)
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]  
Outstanding, beginning balance (in shares) 5,583
Granted (in shares) 0
Exercised (in shares) (2,793)
Forfeited (in shares) 0
Expired (in shares) 0
Outstanding, ending balance (in shares) 2,790
Vested and expected to vest, period end (in shares) 2,790
Exercisable, period end (in shares) 2,790
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]  
Outstanding, beginning balance (in dollars per share) | $ / shares $ 13.43
Exercised (in dollars per share) | $ / shares 13.43
Outstanding, ending balance (in dollars per share) | $ / shares 13.43
Vested and expected to vest, period end (in dollars per share) | $ / shares 13.43
Exercisable, period end (in dollars per share) | $ / shares $ 13.43
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]  
Outstanding, period end, weighted average remaining contractual term 1 year 4 months 24 days
Vested and expected to vest, period end, weighted average remaining contractual term 1 year 4 months 24 days
Exercisable, period end, weighted average remaining contractual term 1 year 4 months 24 days
Aggregate Intrinsic Value [Abstract]  
Outstanding, period end, aggregate intrinsic value | $ $ 49
Vested and expected to vest, period end, aggregate intrinsic value | $ 49
Exercisable, period end, aggregate intrinsic value | $ $ 49
v3.25.3
Share Based Compensation - Outstanding Non-vested Restricted Stock and PSUs and Related Transactions (Details) - Non-vested Restricted Stock and PSU's
 9 Months Ended
Sep. 30, 2025
$ / shares
shares
Number of Shares  
Outstanding, beginning balance (in shares) | shares 266,986
Granted (in shares) | shares 69,383
Vested (in shares) | shares (73,512)
Forfeited (in shares) | shares (11,391)
Outstanding, ending balance (in shares) | shares 251,466
Weighted- Average Grant Date Fair Value  
Outstanding, beginning balance (in dollars per share) | $ / shares $ 24.64
Granted (in dollars per share) | $ / shares 37.17
Vested (in dollars per share) | $ / shares 27.04
Forfeited (in dollars per share) | $ / shares 23.98
Outstanding, ending balance (in dollars per share) | $ / shares $ 27.68
v3.25.3
Share Based Compensation - Options Exercised During the Periods (Details) - Share-Based Payment Arrangement, Option - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award, Additional General Disclosures [Abstract]        
Intrinsic value $ 0 $ 0 $ 64 $ 91
Cash proceeds received 0 0 0 0
Tax benefit realized $ 0 $ 0 $ 13 $ 19
v3.25.3
Income Tax (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Income Tax Disclosure [Abstract]          
Income tax expense $ 3,674 $ 3,481 $ 11,011 $ 11,949  
Effective income tax rate reconciliation, tax expense (benefit), share-based payment arrangement, amount 10 $ 10 310 $ 120  
Unrecognized tax benefits $ 200   $ 200   $ 200
v3.25.3
Regulatory Matters - Narrative (Details)
$ in Millions
Sep. 30, 2025
USD ($)
Dec. 31, 2024
Regulatory Matters [Abstract]    
Undivided profits $ 215.1  
Capital conservation buffer 0.0250 0.0250
v3.25.3
Regulatory Matters - Schedule of Capital Amounts and Ratios (Details)
$ in Thousands
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Tier 1 capital to average assets    
Capital conservation buffer 0.0250 0.0250
Consolidated    
Total capital to risk-weighted assets    
Actual $ 610,808 $ 622,444
Actual, ratio 0.1366 0.1422
Minimum for Adequately Capitalized Institutions $ 357,706 $ 350,113
Minimum for adequately capitalized institutions, ratio 0.0800 0.0800
Tier 1 capital to risk-weighted assets    
Actual $ 554,774 $ 527,616
Actual, ratio 0.1241 0.1206
Minimum for Adequately Capitalized Institutions $ 268,280 $ 262,585
Minimum for adequately capitalized institutions, ratio 0.0600 0.0600
Common equity tier 1 capital to risk-weighted assets    
Actual $ 516,151 $ 489,044
Actual, ratio 0.1154 0.1117
Minimum for Adequately Capitalized Institutions $ 201,210 $ 196,939
Minimum for adequately capitalized institutions, ratio 0.0450 0.0450
Tier 1 capital to average assets    
Actual $ 554,774 $ 527,616
Actual, ratio 0.1007 0.0985
Minimum for Adequately Capitalized Institutions $ 220,377 $ 214,332
Minimum for adequately capitalized institutions, ratio 0.0400 0.0400
Independent Bank    
Total capital to risk-weighted assets    
Actual $ 561,840 $ 567,254
Actual, ratio 0.1258 0.1299
Minimum for Adequately Capitalized Institutions $ 357,199 $ 349,335
Minimum for adequately capitalized institutions, ratio 0.0800 0.0800
Minimum for Well-Capitalized Institutions $ 446,499 $ 436,668
Minimum for well-capitalized institutions, ratio 0.1000 0.1000
Tier 1 capital to risk-weighted assets    
Actual $ 505,884 $ 512,546
Actual, ratio 0.1133 0.1174
Minimum for Adequately Capitalized Institutions $ 267,899 $ 262,001
Minimum for adequately capitalized institutions, ratio 0.0600 0.0600
Minimum for Well-Capitalized Institutions $ 357,199 $ 349,335
Minimum for well capitalized institutions, ratio 0.0800 0.0800
Common equity tier 1 capital to risk-weighted assets    
Actual $ 505,884 $ 512,546
Actual, ratio 0.1133 0.1174
Minimum for Adequately Capitalized Institutions $ 200,925 $ 196,501
Minimum for adequately capitalized institutions, ratio 0.0450 0.0450
Minimum for Well-Capitalized Institutions $ 290,224 $ 283,834
Minimum for well-capitalized institutions, ratio 0.0650 0.0650
Tier 1 capital to average assets    
Actual $ 505,884 $ 512,546
Actual, ratio 0.0919 0.0958
Minimum for Adequately Capitalized Institutions $ 220,083 $ 214,112
Minimum for adequately capitalized institutions, ratio 0.0400 0.0400
Minimum for Well-Capitalized Institutions $ 275,104 $ 267,640
Minimum for well capitalized institutions, ratio 0.0500 0.0500
v3.25.3
Regulatory Matters - Schedule of Regulatory Capital (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Components of regulatory capital [Abstract]            
Total shareholders' equity $ 490,742 $ 469,250 $ 454,686 $ 452,369 $ 430,459 $ 404,449
Add (deduct)            
Accumulated other comprehensive loss for regulatory purposes (60,630)   (69,944)      
Subordinated debt 0   39,586      
Consolidated            
Components of regulatory capital [Abstract]            
Total shareholders' equity 490,742   454,686      
Add (deduct)            
Accumulated other comprehensive loss for regulatory purposes 54,832   64,146      
Goodwill and other intangibles (29,423)   (29,788)      
Common equity tier 1 capital 516,151   489,044      
Qualifying trust preferred securities 38,623   38,572      
Tier 1 capital 554,774   527,616      
Subordinated debt 0   40,000      
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets 56,034   54,828      
Total risk-based capital 610,808   622,444      
Independent Bank            
Components of regulatory capital [Abstract]            
Total shareholders' equity 480,475   478,188      
Add (deduct)            
Accumulated other comprehensive loss for regulatory purposes 54,832   64,146      
Goodwill and other intangibles (29,423)   (29,788)      
Common equity tier 1 capital 505,884   512,546      
Qualifying trust preferred securities 0   0      
Tier 1 capital 505,884   512,546      
Subordinated debt 0   0      
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets 55,956   54,708      
Total risk-based capital $ 561,840   $ 567,254      
v3.25.3
Fair Value Disclosures - Schedule of Fair Value Measurements, Recurring and Nonrecurring (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Securities available for sale $ 502,583 $ 559,182
Loans held for sale 11,654 7,643
U.S. agency    
Assets    
Securities available for sale 8,071 8,159
U.S. agency residential mortgage-backed    
Assets    
Securities available for sale 78,196 71,137
U.S. agency commercial mortgage-backed    
Assets    
Securities available for sale 7,455 11,641
Private label mortgage-backed    
Assets    
Securities available for sale 41,936 70,035
Other asset backed    
Assets    
Securities available for sale 32,129 38,516
Obligations of states and political subdivisions    
Assets    
Securities available for sale 279,615 288,791
Corporate    
Assets    
Securities available for sale 54,200 69,921
Trust preferred    
Assets    
Securities available for sale 981 982
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Securities available for sale 0 0
Derivative financial instruments 0 0
Liabilities    
Derivatives 0 0
Significant Other Observable Inputs (Level 2)    
Assets    
Securities available for sale 502,583 559,182
Derivative financial instruments 32,106 37,059
Liabilities    
Derivatives 20,729 18,623
Significant Un- observable Inputs (Level 3)    
Assets    
Securities available for sale 0 0
Derivative financial instruments 0 0
Liabilities    
Derivatives 0 0
Measured at Fair Value on a Recurring Basis    
Assets    
Loans held for sale 11,654 7,643
Capitalized mortgage loan servicing rights 31,522 46,796
Derivative financial instruments 32,106 37,059
Liabilities    
Derivatives 20,729 18,623
Measured at Fair Value on a Recurring Basis | U.S. agency    
Assets    
Securities available for sale 8,071 8,159
Measured at Fair Value on a Recurring Basis | U.S. agency residential mortgage-backed    
Assets    
Securities available for sale 78,196 71,137
Measured at Fair Value on a Recurring Basis | U.S. agency commercial mortgage-backed    
Assets    
Securities available for sale 7,455 11,641
Measured at Fair Value on a Recurring Basis | Private label mortgage-backed    
Assets    
Securities available for sale 41,936 70,035
Measured at Fair Value on a Recurring Basis | Other asset backed    
Assets    
Securities available for sale 32,129 38,516
Measured at Fair Value on a Recurring Basis | Obligations of states and political subdivisions    
Assets    
Securities available for sale 279,615 288,791
Measured at Fair Value on a Recurring Basis | Corporate    
Assets    
Securities available for sale 54,200 69,921
Measured at Fair Value on a Recurring Basis | Trust preferred    
Assets    
Securities available for sale 981 982
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Loans held for sale 0 0
Capitalized mortgage loan servicing rights 0 0
Derivative financial instruments 0 0
Liabilities    
Derivatives 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. agency    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. agency residential mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. agency commercial mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Private label mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other asset backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Obligations of states and political subdivisions    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Trust preferred    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2)    
Assets    
Loans held for sale 11,654 7,643
Capitalized mortgage loan servicing rights 0 0
Derivative financial instruments 32,106 37,059
Liabilities    
Derivatives 20,729 18,623
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | U.S. agency    
Assets    
Securities available for sale 8,071 8,159
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | U.S. agency residential mortgage-backed    
Assets    
Securities available for sale 78,196 71,137
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | U.S. agency commercial mortgage-backed    
Assets    
Securities available for sale 7,455 11,641
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | Private label mortgage-backed    
Assets    
Securities available for sale 41,936 70,035
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | Other asset backed    
Assets    
Securities available for sale 32,129 38,516
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | Obligations of states and political subdivisions    
Assets    
Securities available for sale 279,615 288,791
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | Corporate    
Assets    
Securities available for sale 54,200 69,921
Measured at Fair Value on a Recurring Basis | Significant Other Observable Inputs (Level 2) | Trust preferred    
Assets    
Securities available for sale 981 982
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3)    
Assets    
Loans held for sale 0 0
Capitalized mortgage loan servicing rights 31,522 46,796
Derivative financial instruments 0 0
Liabilities    
Derivatives 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | U.S. agency    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | U.S. agency residential mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | U.S. agency commercial mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | Private label mortgage-backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | Other asset backed    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | Obligations of states and political subdivisions    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | Corporate    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Recurring Basis | Significant Un- observable Inputs (Level 3) | Trust preferred    
Assets    
Securities available for sale 0 0
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Commercial | Commercial and industrial    
Assets    
Loans receivable, fair value disclosure 8,386 4,205
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Commercial | Commercial real estate    
Assets    
Loans receivable, fair value disclosure 10,892 132
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Mortgage | 1-4 family owner occupied - non-jumbo    
Assets    
Loans receivable, fair value disclosure 661 627
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Mortgage | 1-4 family non-owner occupied    
Assets    
Loans receivable, fair value disclosure 9  
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Mortgage | 1-4 family - 2nd lien    
Assets    
Loans receivable, fair value disclosure 198 170
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Mortgage | Resort lending    
Assets    
Loans receivable, fair value disclosure 37 92
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Installment | Boat lending    
Assets    
Loans receivable, fair value disclosure 205 56
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Installment | Recreational vehicle lending    
Assets    
Loans receivable, fair value disclosure 139 172
Measured at Fair Value on a Non-recurring Basis: | Collateral dependent loans | Installment | Other    
Assets    
Loans receivable, fair value disclosure 57 59
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Commercial | Commercial and industrial    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Commercial | Commercial real estate    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Mortgage | 1-4 family owner occupied - non-jumbo    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Mortgage | 1-4 family non-owner occupied    
Assets    
Loans receivable, fair value disclosure 0  
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Mortgage | 1-4 family - 2nd lien    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Mortgage | Resort lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Installment | Boat lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Installment | Recreational vehicle lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Quoted Prices in Active Markets for Identical Assets (Level 1) | Collateral dependent loans | Installment | Other    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Commercial | Commercial and industrial    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Commercial | Commercial real estate    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Mortgage | 1-4 family owner occupied - non-jumbo    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Mortgage | 1-4 family non-owner occupied    
Assets    
Loans receivable, fair value disclosure 0  
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Mortgage | 1-4 family - 2nd lien    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Mortgage | Resort lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Installment | Boat lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Installment | Recreational vehicle lending    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Other Observable Inputs (Level 2) | Collateral dependent loans | Installment | Other    
Assets    
Loans receivable, fair value disclosure 0 0
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Commercial | Commercial and industrial    
Assets    
Loans receivable, fair value disclosure 8,386 4,205
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Commercial | Commercial real estate    
Assets    
Loans receivable, fair value disclosure 10,892 132
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Mortgage | 1-4 family owner occupied - non-jumbo    
Assets    
Loans receivable, fair value disclosure 661 627
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Mortgage | 1-4 family non-owner occupied    
Assets    
Loans receivable, fair value disclosure 9  
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Mortgage | 1-4 family - 2nd lien    
Assets    
Loans receivable, fair value disclosure 198 170
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Mortgage | Resort lending    
Assets    
Loans receivable, fair value disclosure 37 92
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Installment | Boat lending    
Assets    
Loans receivable, fair value disclosure 205 56
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Installment | Recreational vehicle lending    
Assets    
Loans receivable, fair value disclosure 139 172
Measured at Fair Value on a Non-recurring Basis: | Significant Un- observable Inputs (Level 3) | Collateral dependent loans | Installment | Other    
Assets    
Loans receivable, fair value disclosure $ 57 $ 59
v3.25.3
Fair Value Disclosures - Schedule of Fair Value Option, Disclosures (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]    
Loans held for sale $ 38 $ 215
Capitalized mortgage loan servicing rights (4,984) (4,995)
Mortgage Loans    
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]    
Loans held for sale 38 215
Mortgage Loan Servicing, net    
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]    
Capitalized mortgage loan servicing rights $ (4,984) $ (4,995)
v3.25.3
Fair Value Disclosures - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Asset Impairment Charges [Abstract]          
Collateral dependent loans, carrying amount $ 20.6   $ 20.6   $ 5.5
Collateral dependent loans, valuation allowance 5.7   5.7   $ 2.3
Accounts receivable, credit loss expense (recovery) $ 1.3 $ 0.9 $ 3.3 $ 2.0  
v3.25.3
Fair Value Disclosures - Schedule of Reconciliation for all Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Jan. 31, 2025
USD ($)
Total gains (losses) realized and unrealized:          
Mortgage loan servicing rights sold         $ 931,600
Mortgage loan servicing rights sold, percentage         0.263
Mortgage loan servicing rights sold, capitalized amount         $ 13,100
Mortgage loan servicing rights sold, capitalized, percentage         0.279
Holdback amount         $ 600
Transaction expense     $ 200    
Capitalized Mortgage Loan Servicing Rights          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning balance $ 32,053 $ 44,406 46,796 $ 42,243  
Total gains (losses) realized and unrealized:          
Included in results of operations (1,479) (5,378) (4,984) (4,995)  
Included in results of operations - gain on sale (61) 0 (233) 0  
Included in other comprehensive loss 0 0 0 0  
Purchases, issuances, settlements, maturities and calls 948 1,176 2,766 2,956  
Sales 61 0 (12,823) 0  
Transfers in and/or out of Level 3 0 0 0 0  
Ending balance 31,522 40,204 31,522 40,204  
Amount of total losses for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at September 30 $ (1,479) $ (5,378) $ (4,984) $ (4,995)  
v3.25.3
Fair Value Disclosures - Quantitative Information About Level 3 (Details)
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Mortgage and Installment | Collateral Dependent Loans, Mortgage And Installment | Collateral Other Than Real Estate    
Asset Fair Value [Abstract]    
Collateral dependent loans, fair value $ 400,000 $ 290,000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net    
Asset Fair Value [Abstract]    
Servicing asset, fair value $ 31,522,000 $ 46,796,000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Present value of net servicing revenue | Float rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0368 0.0433
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Minimum | Present value of net servicing revenue | Discount rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0950 0.1000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Minimum | Present value of net servicing revenue | Cost to service (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 69 70
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Minimum | Present value of net servicing revenue | Ancillary income (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 20 20
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Minimum | Present value of net servicing revenue | Prepayment rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0539 0.0540
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Maximum | Present value of net servicing revenue | Discount rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.3106 0.1915
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Maximum | Present value of net servicing revenue | Cost to service (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 817 817
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Maximum | Present value of net servicing revenue | Ancillary income (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 30 30
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Maximum | Present value of net servicing revenue | Prepayment rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.3290 0.2828
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Weighted Average | Present value of net servicing revenue | Discount rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0993 0.1037
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Weighted Average | Present value of net servicing revenue | Cost to service (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 80 79
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Weighted Average | Present value of net servicing revenue | Ancillary income (in US Dollars)    
Ranges and Weighted Average [Abstract]    
Servicing asset 21 20
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Weighted Average | Present value of net servicing revenue | Float rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0368 0.0433
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Recurring Basis | Mortgage Loan Servicing, net | Weighted Average | Present value of net servicing revenue | Prepayment rate    
Ranges and Weighted Average [Abstract]    
Servicing asset 0.0980 0.0754
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Discounted cash flow    
Asset Fair Value [Abstract]    
Collateral dependent loans, fair value $ 7,272,000 $ 3,478,000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Sales comparison approach    
Asset Fair Value [Abstract]    
Collateral dependent loans, fair value $ 12,006,000 $ 859,000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Minimum | Discounted cash flow | Discount rate    
Ranges and Weighted Average [Abstract]    
Impaired loans 0.400  
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Minimum | Discounted cash flow | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans   0.450
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Minimum | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans (0.180) (0.200)
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Maximum | Discounted cash flow | Discount rate    
Ranges and Weighted Average [Abstract]    
Impaired loans 0.700  
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Maximum | Discounted cash flow | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans   0.550
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Maximum | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans 0.420 0.350
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Weighted Average | Discounted cash flow | Discount rate    
Ranges and Weighted Average [Abstract]    
Impaired loans 0.480  
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Weighted Average | Discounted cash flow | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans   0.505
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Commercial | Collateral Dependent Loans, Commercial | Weighted Average | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans (0.010) (0.014)
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Mortgage and Installment | Collateral Dependent Loans, Mortgage And Installment    
Asset Fair Value [Abstract]    
Collateral dependent loans, fair value $ 1,306,000 $ 1,176,000
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Mortgage and Installment | Collateral Dependent Loans, Mortgage And Installment | Minimum | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans (0.280) (0.220)
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Mortgage and Installment | Collateral Dependent Loans, Mortgage And Installment | Maximum | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans 0.169 0.217
Significant Un- observable Inputs (Level 3) | Measured at Fair Value on a Non-recurring Basis: | Mortgage and Installment | Collateral Dependent Loans, Mortgage And Installment | Weighted Average | Sales comparison approach | Comparability adjustment    
Ranges and Weighted Average [Abstract]    
Impaired loans (0.016) (0.004)
v3.25.3
Fair Value Disclosures - Difference Between Aggregate Fair Value and Aggregate Remaining Contractual Principal (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Fair Value Disclosures [Abstract]    
Aggregate Fair Value $ 11,654 $ 7,643
Difference 116 78
Contractual Principal $ 11,538 $ 7,565
v3.25.3
Fair Values of Financial Instruments- Schedule of Estimated Recorded Book Balances and Fair Values (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Securities available for sale $ 502,583 $ 559,182
Securities held to maturity 321,450 339,436
Federal Home Loan Bank and Federal 18,102 16,099
Liabilities    
Other borrowings 2,006 45,009
Subordinated debt 0 39,586
Subordinated debentures 39,847 39,796
Reciprocal deposits included in deposits with no stated maturity 867,422 797,224
Reciprocal deposits included in deposits with stated maturity 113,693 109,807
Recorded Book Balance    
Assets    
Cash and due from banks 56,378 56,984
Interest bearing deposits 152,308 62,898
Securities available for sale 502,583 559,182
Securities held to maturity 321,450 339,436
Federal Home Loan Bank and Federal 18,102 16,099
Net loans and loans held for sale 4,147,478 3,987,089
Accrued interest receivable 19,270 19,113
Derivative financial instruments 32,106 37,059
Liabilities    
Deposits with no stated maturity 3,911,405 3,806,185
Deposits with stated maturity 947,750 847,903
Other borrowings 2,006 45,009
Subordinated debt   39,586
Subordinated debentures 39,847 39,796
Accrued interest payable 3,245 3,109
Derivative financial instruments 20,729 18,623
Fair Value    
Assets    
Cash and due from banks 56,378 56,984
Interest bearing deposits 152,308 62,898
Securities available for sale 502,583 559,182
Securities held to maturity 293,242 301,860
Net loans and loans held for sale 3,991,609 3,772,862
Accrued interest receivable 19,270 19,113
Derivative financial instruments 32,106 37,059
Liabilities    
Deposits with no stated maturity 3,911,405 3,806,185
Deposits with stated maturity 946,153 845,534
Other borrowings 1,673 44,996
Subordinated debt   40,412
Subordinated debentures 39,585 40,235
Accrued interest payable 3,245 3,109
Derivative financial instruments 20,729 18,623
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Cash and due from banks 56,378 56,984
Interest bearing deposits 152,308 62,898
Securities available for sale 0 0
Securities held to maturity 0 0
Net loans and loans held for sale 0 0
Accrued interest receivable 250 46
Derivative financial instruments 0 0
Liabilities    
Deposits with no stated maturity 3,911,405 3,806,185
Deposits with stated maturity 0 0
Other borrowings 0 0
Subordinated debt   0
Subordinated debentures 0 0
Accrued interest payable 323 374
Derivative financial instruments 0 0
Significant Other Observable Inputs (Level 2)    
Assets    
Cash and due from banks 0 0
Interest bearing deposits 0 0
Securities available for sale 502,583 559,182
Securities held to maturity 293,242 301,860
Net loans and loans held for sale 11,654 7,643
Accrued interest receivable 4,863 5,606
Derivative financial instruments 32,106 37,059
Liabilities    
Deposits with no stated maturity 0 0
Deposits with stated maturity 946,153 845,534
Other borrowings 1,673 44,996
Subordinated debt   40,412
Subordinated debentures 39,585 40,235
Accrued interest payable 2,922 2,735
Derivative financial instruments 20,729 18,623
Significant Un- observable Inputs (Level 3)    
Assets    
Cash and due from banks 0 0
Interest bearing deposits 0 0
Securities available for sale 0 0
Securities held to maturity 0 0
Net loans and loans held for sale 3,979,955 3,765,219
Accrued interest receivable 14,157 13,461
Derivative financial instruments 0 0
Liabilities    
Deposits with no stated maturity 0 0
Deposits with stated maturity 0 0
Other borrowings 0 0
Subordinated debt   0
Subordinated debentures 0 0
Accrued interest payable 0 0
Derivative financial instruments $ 0 $ 0
v3.25.3
Contingencies - Narrative (Details)
 9 Months Ended
May 06, 2024
shares
Sep. 30, 2025
USD ($)
Oct. 27, 2025
USD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
May 05, 2024
USD ($)
VISA Class A Stock          
Summary of Investment Holdings [Line Items]          
Current conversion ratio   1.5223      
VISA Class A Stock | Subsequent Event          
Summary of Investment Holdings [Line Items]          
Closing price (in dollars per share) | $ / shares     $ 347.82    
VISA Class B-1 | Subsequent Event          
Summary of Investment Holdings [Line Items]          
Current value of shares owned | $     $ 3,300,000    
Visa Class B-2 | Subsequent Event          
Summary of Investment Holdings [Line Items]          
Number of shares owned (in shares)     6,283    
Visa | Common Stock, Class B-1          
Summary of Investment Holdings [Line Items]          
Number of shares owned (in shares) 12,566        
Investments | $         $ 0
Visa | Common Stock, Class C          
Summary of Investment Holdings [Line Items]          
Exchange offer, shares received (in shares) 2,493        
Exchange offer, conversion ratio, non-affiliated holder (in shares) 4        
Visa | Visa Class B-2          
Summary of Investment Holdings [Line Items]          
Number of shares owned (in shares) 6,283        
Investments | $   $ 0   $ 0  
v3.25.3
Accumulated Other Comprehensive Loss ("AOCL") - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Changes in AOCIL [Roll Forward]        
Balances at beginning of period $ 469,250 $ 430,459 $ 454,686 $ 404,449
Other comprehensive income (loss) before reclassifications 8,748 12,154 7,815 12,769
Amounts reclassified from AOCL 509 422 1,499 1,121
Other comprehensive income 9,257 12,576 9,314 13,890
Balances at end of period 490,742 452,369 490,742 452,369
Accumulated Other Comprehensive Loss        
Changes in AOCIL [Roll Forward]        
Balances at beginning of period (69,887) (70,828) (69,944) (72,142)
Other comprehensive income 9,257 12,576 9,314 13,890
Balances at end of period (60,630) (58,252) (60,630) (58,252)
Unrealized Losses on Securities AFS        
Changes in AOCIL [Roll Forward]        
Balances at beginning of period (51,816) (49,482) (49,301) (51,113)
Other comprehensive income (loss) before reclassifications 9,066 9,340 6,298 10,758
Amounts reclassified from AOCL 27 114 280 327
Other comprehensive income 9,093 9,454 6,578 11,085
Balances at end of period (42,723) (40,028) (42,723) (40,028)
Unrealized Losses on Securities Transferred to Securities HTM        
Changes in AOCIL [Roll Forward]        
Balances at beginning of period (11,489) (14,084) (12,775) (15,408)
Other comprehensive income (loss) before reclassifications 614 646 1,900 1,970
Amounts reclassified from AOCL 0 0 0 0
Other comprehensive income 614 646 1,900 1,970
Balances at end of period (10,875) (13,438) (10,875) (13,438)
Dispropor- tionate Tax Effects from Securities AFS        
Changes in AOCIL [Roll Forward]        
Balances at beginning of period (5,798) (5,798) (5,798) (5,798)
Other comprehensive income (loss) before reclassifications 0 0 0 0
Amounts reclassified from AOCL 0 0 0 0
Other comprehensive income 0 0 0 0
Balances at end of period (5,798) (5,798) (5,798) (5,798)
Unrealized Gains (Losses) on Derivative Instruments        
Changes in AOCIL [Roll Forward]        
Balances at beginning of period (784) (1,464) (2,070) 177
Other comprehensive income (loss) before reclassifications (932) 2,168 (383) 41
Amounts reclassified from AOCL 482 308 1,219 794
Other comprehensive income (450) 2,476 836 835
Balances at end of period $ (1,234) $ 1,012 $ (1,234) $ 1,012
v3.25.3
Accumulated Other Comprehensive Loss ("AOCL") - Schedule of Reclassifications Out of Each Component of AOCL (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Reclassifications out of AOCIL [Abstract]        
Interest income $ 69,290 $ 68,334 $ 202,312 $ 199,798
Interest expense 45,361 41,854 133,661 123,397
Income before income tax 21,176 17,291 60,980 60,278
Income tax expense 3,674 3,481 11,011 11,949
Reclassifications, net of tax 17,502 13,810 49,969 48,329
Amount Reclassified From AOCL        
Reclassifications out of AOCIL [Abstract]        
Reclassifications, net of tax (509) (422) (1,499) (1,121)
Unrealized Losses on Securities AFS | Amount Reclassified From AOCL        
Reclassifications out of AOCIL [Abstract]        
Net gains (losses) on securities available for sale (36) (145) (355) (414)
Income tax expense (9) (31) (75) (87)
Reclassifications, net of tax (27) (114) (280) (327)
Unrealized Gains (Losses) on Derivative Instruments | Amount Reclassified From AOCL        
Reclassifications out of AOCIL [Abstract]        
Interest income (606) (390) (1,535) (1,005)
Interest expense 4   8  
Income before income tax (610)   (1,543)  
Income tax expense (128) (82) (324) 211
Reclassifications, net of tax $ (482) $ (308) $ (1,219) $ (794)
v3.25.3
Revenue from Contracts with Customers - Narrative (Details)
 9 Months Ended
Sep. 30, 2025
USD ($)
asset
Sep. 30, 2024
asset
Dec. 31, 2024
USD ($)
Revenue from Contract with Customer [Abstract]      
Percentage of revenues excluded from ASC topic 606 88.20% 88.30%  
Contract with customer, asset, after allowance for credit loss $ 0   $ 0
Contract with customers, liability $ 0   $ 0
Number of real estate assets sold during the period | asset 0 0  
v3.25.3
Revenue From Contracts With Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers $ 8,920 $ 8,836 $ 24,141 $ 24,307
Bank owned life insurance income 288 197 881 566
Other 1,217 1,581 3,683 3,537
Total 3,137 3,383 9,105 8,818
Service Charges on Deposit Accounts        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 3,131 3,085 8,926 8,894
Overdraft fees | Retail        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 2,333 2,378 6,634 6,788
Overdraft fees | Business        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 113 114 341 319
Account service charges | Retail        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 685 593 1,951 1,787
Other Deposit Related Income        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 692 724 2,037 2,192
ATM fees | Retail        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 413 430 1,169 1,225
ATM fees | Business        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 13 13 35 37
Other | Retail        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 153 167 506 603
Other | Business        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 113 114 327 327
Interchange income        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 4,157 4,146 10,674 10,698
Investment and Insurance Commissions        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 940 881 2,504 2,523
Asset management revenue        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers 413 458 1,214 1,448
Transaction based revenue        
Disaggregation of Revenue [Abstract]        
Revenue from contracts with customers $ 527 $ 423 $ 1,290 $ 1,075
v3.25.3
Leases - Schedule of Lease, Cost (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Lease, Cost [Abstract]        
Operating lease cost $ 352 $ 349 $ 1,037 $ 1,044
Variable lease cost 2 10 12 32
Short-term lease cost 16 23 55 70
Total $ 370 $ 382 $ 1,104 $ 1,146
v3.25.3
Leases - Schedule of Supplemental Balance Sheet Information Related to Operating Leases (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets and Liabilities, Lessee [Abstract]    
Lease right of use asset $ 6,473 $ 5,971
Lease liabilities $ 6,717 $ 6,338
Weighted average remaining lease term (years) 6 years 11 months 19 days 7 years 25 days
Weighted average discount rate 4.40% 3.70%
Operating lease, right-of-use asset, statement of financial position [extensible enumeration] Other Assets Other Assets
Operating lease, liability, statement of financial position [extensible enumeration] Other Liabilities Other Liabilities
v3.25.3
Leases - Schedule of Maturity Analysis of Lease Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Leases [Abstract]    
Three months ending December 31, 2025 $ 343  
2026 1,310  
2027 1,166  
2028 1,110  
2029 1,112  
2030 and thereafter 2,844  
Total lease payments 7,885  
Less imputed interest (1,168)  
Total $ 6,717 $ 6,338
v3.25.3
Segment Reporting - Narrative (Details)
 9 Months Ended
Sep. 30, 2025
reportableSegment
Segment Reporting [Abstract]  
Number of reportable segments 1
v3.25.3
Segment Reporting - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Interest Income          
Interest and fees on loans $ 61,325 $ 58,410 $ 178,628 $ 170,239  
Interest on securities 6,427 7,906 19,802 24,661  
Other investments 1,538 2,018 3,882 4,898  
Total Interest Income 69,290 68,334 202,312 199,798  
Interest Expense          
Deposits 21,972 24,462 63,389 70,148  
Other borrowings and subordinated debt and debentures 1,957 2,018 5,262 6,253  
Total Interest Expense 23,929 26,480 68,651 76,401  
Net Interest Income 45,361 41,854 133,661 123,397  
Provision for credit losses 1,991 1,488 4,212 2,251  
Net Interest Income After Provision for Credit Losses 43,370 40,366 129,449 121,146  
Non-interest Income          
Interchange income 4,157 4,146 10,674 10,698  
Service charges on deposit accounts 3,131 3,085 8,926 8,894  
Net gains on mortgage loans 1,474 2,177 5,408 4,874  
Mortgage loan servicing, net 74 (3,130) (72) 1,686  
Other 3,101 3,230 8,750 11,089  
Total Non-interest Income 11,937 9,508 33,686 37,241  
Non-interest Expense          
Compensation and employee benefits 21,125 20,048 62,631 62,069  
Data processing 3,784 3,379 11,360 9,891  
Occupancy, net 2,127 1,893 6,396 5,853  
Interchange expense 1,180 1,149 3,476 3,373  
Furniture, fixtures and equipment 892 932 2,570 2,834  
Advertising 526 581 2,220 1,860  
FDIC deposit insurance 615 664 1,963 2,141  
Legal and professional 682 687 1,661 1,717  
Loan and collection 618 657 2,148 1,868  
Communications 465 519 1,526 1,633  
Other 2,117 2,074 6,204 4,870  
Total Non-interest Expense 34,131 32,583 102,155 98,109  
Income Before Income Tax 21,176 17,291 60,980 60,278  
Income tax expense 3,674 3,481 11,011 11,949  
Net Income 17,502 13,810 49,969 48,329  
OTHER SEGMENT DISCLOSURES          
Depreciation 1,125 1,283 3,722 3,881  
Amortization 121 129 365 387  
Total assets 5,493,113 5,259,268 5,493,113 5,259,268 $ 5,338,104
Operating Segments | Independent Bank          
Interest Income          
Interest and fees on loans 61,254 58,345 178,419 170,050  
Interest on securities 6,427 7,906 19,802 24,661  
Other investments 1,538 2,018 3,882 4,898  
Total Interest Income 69,219 68,269 202,103 199,609  
Interest Expense          
Deposits 22,315 24,949 64,471 71,468  
Other borrowings and subordinated debt and debentures 139 552 585 1,856  
Total Interest Expense 22,454 25,501 65,056 73,324  
Net Interest Income 46,765 42,768 137,047 126,285  
Provision for credit losses 1,991 1,488 4,212 2,251  
Net Interest Income After Provision for Credit Losses 44,774 41,280 132,835 124,034  
Non-interest Income          
Interchange income 4,157 4,146 10,674 10,698  
Service charges on deposit accounts 3,131 3,085 8,926 8,894  
Net gains on mortgage loans 1,425 2,125 5,231 4,750  
Mortgage loan servicing, net 74 (3,130) (72) 1,686  
Other 3,010 3,142 8,429 10,809  
Total Non-interest Income 11,797 9,368 33,188 36,837  
Non-interest Expense          
Compensation and employee benefits 21,016 19,951 62,329 61,795  
Data processing 3,764 3,360 11,302 9,836  
Occupancy, net 2,121 1,887 6,378 5,835  
Interchange expense 1,180 1,149 3,476 3,373  
Furniture, fixtures and equipment 891 931 2,568 2,831  
Advertising 523 580 2,213 1,854  
FDIC deposit insurance 615 664 1,963 2,141  
Legal and professional 546 607 1,325 1,417  
Loan and collection 618 657 2,148 1,868  
Communications 460 514 1,507 1,617  
Other 1,915 1,888 5,609 4,306  
Total Non-interest Expense 33,649 32,188 100,818 96,873  
Income Before Income Tax 22,922 18,460 65,205 63,998  
Income tax expense 4,122 3,725 12,232 12,765  
Net Income 18,800 14,735 52,973 51,233  
OTHER SEGMENT DISCLOSURES          
Depreciation 1,125 1,283 3,721 3,879  
Amortization 121 129 365 387  
Total assets 5,486,851 5,254,269 5,486,851 5,254,269  
Segment Reporting, Reconciling Item, Corporate Nonsegment          
Interest Income          
Interest and fees on loans 0 0 0 0  
Interest on securities 0 0 0 0  
Other investments 343 487 1,082 1,320  
Total Interest Income 343 487 1,082 1,320  
Interest Expense          
Deposits 0 0 0 0  
Other borrowings and subordinated debt and debentures 1,818 1,466 4,677 4,397  
Total Interest Expense 1,818 1,466 4,677 4,397  
Net Interest Income (1,475) (979) (3,595) (3,077)  
Provision for credit losses 0 0 0 0  
Net Interest Income After Provision for Credit Losses (1,475) (979) (3,595) (3,077)  
Non-interest Income          
Interchange income 0 0 0 0  
Service charges on deposit accounts 0 0 0 0  
Net gains on mortgage loans 0 0 0 0  
Mortgage loan servicing, net 0 0 0 0  
Other 310 275 938 754  
Total Non-interest Income 310 275 938 754  
Non-interest Expense          
Compensation and employee benefits 144 129 409 356  
Data processing 20 19 58 55  
Occupancy, net 6 6 18 18  
Interchange expense 0 0 0 0  
Furniture, fixtures and equipment 1 1 2 3  
Advertising 3 1 7 6  
FDIC deposit insurance 0 0 0 0  
Legal and professional 136 80 336 300  
Loan and collection 0 0 0 0  
Communications 5 5 19 16  
Other 202 186 595 564  
Total Non-interest Expense 517 427 1,444 1,318  
Income Before Income Tax (1,682) (1,131) (4,101) (3,641)  
Income tax expense (435) (237) (1,195) (800)  
Net Income (1,247) (894) (2,906) (2,841)  
OTHER SEGMENT DISCLOSURES          
Depreciation 0 0 1 2  
Amortization 0 0 0 0  
Total assets 538,943 541,422 538,943 541,422  
Eliminations          
Interest Income          
Interest and fees on loans 71 65 209 189  
Interest on securities 0 0 0 0  
Other investments (343) (487) (1,082) (1,320)  
Total Interest Income (272) (422) (873) (1,131)  
Interest Expense          
Deposits (343) (487) (1,082) (1,320)  
Other borrowings and subordinated debt and debentures 0 0 0 0  
Total Interest Expense (343) (487) (1,082) (1,320)  
Net Interest Income 71 65 209 189  
Provision for credit losses 0 0 0 0  
Net Interest Income After Provision for Credit Losses 71 65 209 189  
Non-interest Income          
Interchange income 0 0 0 0  
Service charges on deposit accounts 0 0 0 0  
Net gains on mortgage loans 49 52 177 124  
Mortgage loan servicing, net 0 0 0 0  
Other (219) (187) (617) (474)  
Total Non-interest Income (170) (135) (440) (350)  
Non-interest Expense          
Compensation and employee benefits (35) (32) (107) (82)  
Data processing 0 0 0 0  
Occupancy, net 0 0 0 0  
Interchange expense 0 0 0 0  
Furniture, fixtures and equipment 0 0 0 0  
Advertising 0 0 0 0  
FDIC deposit insurance 0 0 0 0  
Legal and professional 0 0 0 0  
Loan and collection 0 0 0 0  
Communications 0 0 0 0  
Other 0 0 0 0  
Total Non-interest Expense (35) (32) (107) (82)  
Income Before Income Tax (64) (38) (124) (79)  
Income tax expense (13) (7) (26) (16)  
Net Income (51) (31) (98) (63)  
OTHER SEGMENT DISCLOSURES          
Depreciation 0 0 0 0  
Amortization 0 0 0 0  
Total assets $ (532,681) $ (536,423) $ (532,681) $ (536,423)