UNIVEST FINANCIAL CORP, 10-Q filed on 7/29/2025
Quarterly Report
v3.25.2
Cover - shares
6 Months Ended
Jun. 30, 2025
Jul. 28, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2025  
Document Transition Report false  
Entity File Number 0-7617  
Entity Registrant Name UNIVEST FINANCIAL CORPORATION  
Entity Incorporation, State or Country Code PA  
Entity Tax Identification Number 23-1886144  
Entity Address, Address Line One 14 North Main Street  
Entity Address, City or Town Souderton  
Entity Address, State or Province PA  
Entity Address, Postal Zip Code 18964  
City Area Code 215  
Local Phone Number 721-2400  
Title of 12(b) Security Common Stock, $5 par value  
Trading Symbol UVSP  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   28,805,205
Entity Central Index Key 0000102212  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q2  
Amendment Flag false  
v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 76,624 $ 75,998
Interest-earning deposits with other banks 83,741 252,846
Cash and cash equivalents 160,365 328,844
Investment securities held-to-maturity (fair value $113,166 and $115,007 at June 30, 2025 and December 31, 2024, respectively) 128,455 134,111
Investment securities available-for-sale (amortized cost $400,676 and $402,651, net of allowance for credit losses of $17 and $839 at June 30, 2025 and December 31, 2024, respectively) 366,421 357,361
Investments in equity securities 1,801 2,506
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 36,482 38,980
Loans held for sale 17,774 16,653
Loans and leases held for investment 6,801,185 6,826,583
Less: Allowance for credit losses, loans and leases (86,989) (87,091)
Net loans and leases held for investment 6,714,196 6,739,492
Premises and equipment, net 47,140 46,671
Operating lease right-of-use assets 27,278 28,531
Goodwill 175,510 175,510
Other intangibles, net of accumulated amortization 7,967 8,309
Bank owned life insurance 140,086 139,351
Accrued interest receivable and other assets 115,581 112,098
Total assets 7,939,056 8,128,417
LIABILITIES    
Noninterest-bearing deposits 1,461,189 1,414,635
Interest-bearing deposits 5,121,471 5,344,624
Total 6,582,660 6,759,259
Short-term borrowings 6,271 11,181
Long-term debt 200,000 225,000
Subordinated notes 149,511 149,261
Operating lease liabilities 30,106 31,485
Accrued interest payable and other liabilities 53,775 64,930
Total liabilities 7,022,323 7,241,116
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at June 30, 2025 and December 31, 2024; 31,556,799 shares issued at June 30, 2025 and December 31, 2024; 28,810,805 and 29,045,877 shares outstanding at June 30, 2025 and December 31, 2024, respectively 157,784 157,784
Additional paid-in capital 301,640 302,829
Retained earnings 555,403 525,780
Accumulated other comprehensive loss, net of tax benefit (34,969) (43,992)
Treasury stock, at cost; 2,745,994 and 2,510,922 shares at June 30, 2025 and December 31, 2024, respectively (63,125) (55,100)
Total shareholders’ equity 916,733 887,301
Total liabilities and shareholders’ equity $ 7,939,056 $ 8,128,417
v3.25.2
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Investment securities held-to-maturity, fair value $ 113,166 $ 115,007
Investment securities available-for-sale, amortized cost 400,676 402,651
Allowance for credit losses $ 17 $ 839
Common stock, par value $ 5 $ 5
Common stock, shares authorized 48,000,000 48,000,000
Common stock, shares issued 31,556,799 31,556,799
Common stock, shares outstanding 28,810,805 29,045,877
Treasury stock, shares 2,745,994 2,510,922
v3.25.2
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income        
Interest and fees on loans and leases $ 99,702 $ 94,276 $ 197,048 $ 186,893
Interest and dividends on investment securities:        
Taxable 3,962 3,741 7,981 7,388
Exempt from federal income taxes 0 7 4 19
Interest on deposits with other banks 1,371 1,108 2,731 2,717
Interest and dividends on other earning assets 671 700 1,358 1,424
Total interest income 105,706 99,832 209,122 198,441
Interest expense        
Interest on deposits 41,755 43,505 83,734 85,478
Interest on short-term borrowings 1 242 15 247
Interest on long-term debt and subordinated notes 4,409 5,058 9,051 10,222
Total interest expense 46,165 48,805 92,800 95,947
Net interest income 59,541 51,027 116,322 102,494
Provision for credit losses 5,694 707 8,005 2,139
Net interest income after provision for credit losses 53,847 50,320 108,317 100,355
Noninterest income        
Insurance commission and fee income 5,261 5,167 12,150 12,368
Bank owned life insurance income 1,012 1,086 2,971 1,928
Net gain on mortgage banking activities 981 1,710 1,628 2,649
Other income 1,236 745 1,481 1,770
Total noninterest income 21,501 20,980 43,916 46,575
Noninterest expense        
Salaries, benefits and commissions 31,536 30,187 62,362 61,525
Net occupancy 2,739 2,679 5,592 5,551
Equipment 1,043 1,088 2,165 2,199
Data processing 4,408 4,161 8,772 8,656
Professional fees 1,597 1,466 3,394 3,154
Marketing and advertising 498 715 851 1,131
Deposit insurance premiums 1,074 1,098 2,225 2,233
Intangible expenses 131 188 261 375
Other expense 7,306 7,126 14,038 13,958
Total noninterest expense 50,332 48,708 99,660 98,782
Income before income taxes 25,016 22,592 52,573 48,148
Income tax expense 5,038 4,485 10,200 9,736
Net income $ 19,978 $ 18,107 $ 42,373 $ 38,412
Earnings Per Share [Abstract]        
Basic (in dollars per share) $ 0.69 $ 0.62 $ 1.46 $ 1.31
Diluted (in dollars per share) $ 0.69 $ 0.62 $ 1.45 $ 1.30
Trust fee income        
Noninterest income        
Noninterest income $ 2,146 $ 2,008 $ 4,307 $ 4,116
Service charges on deposit accounts        
Noninterest income        
Noninterest income 2,258 1,982 4,452 3,853
Investment advisory commission and fee income        
Noninterest income        
Noninterest income 5,460 5,238 11,073 10,432
Other service fee income        
Noninterest income        
Noninterest income $ 3,147 $ 3,044 $ 5,854 $ 9,459
v3.25.2
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Before Tax Amount        
Income (loss) before tax amount $ 25,016 $ 22,592 $ 52,573 $ 48,148
Net unrealized gains (losses) on available-for-sale investment securities, before tax amount        
Net unrealized holding gains arising during the period 3,875 148 11,035 (2,841)
Reversal of provision for credit losses (729) (36) (822) 50
Other comprehensive income (loss), securities, available-for-sale, adjustment, before tax 3,146 112 10,213 (2,791)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, before tax amount        
Interest rate swap—cash flow hedge—net interest payments 0 (1,064) 0 (5,077)
Less: reclassification adjustment for net losses realized in net income 0 1,586 0 3,172
Reclassification adjustment included in earnings [1] 569   1,134  
Total net unrealized gains on interest rate swaps used in cash flow hedges 569 522 1,134 (1,905)
Defined benefit pension plans, Before Tax Amount        
Amortization of net actuarial loss included in net periodic pension costs [2] 23 147 75 294
Total defined benefit pension plans 23 147 75 294
Other comprehensive income (loss), before tax amount 3,738 781 11,422 (4,402)
Total comprehensive income (loss), before tax amount 28,754 23,373 63,995 43,746
Tax Expense (Benefit)        
Income tax expense 5,038 4,485 10,200 9,736
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, before tax expense (benefit)        
Net unrealized holding gains (losses) arising during the period 814 32 2,318 (596)
(Reversal of provision) provision for credit losses (153) (8) (173) 10
Total net unrealized gains on available-for-sale investment securities 661 24 2,145 (586)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, tax expense (benefit)        
Net unrealized holding losses arising during the period 0 (223) 0 (1,066)
Less: reclassification adjustment for net losses realized in net income 0 333 0 666
Reclassification adjustment recorded in earnings [1] 119   238  
Total net unrealized gains on interest rate swaps used in cash flow hedges 119 110 238 (400)
Defined benefit pension plans, tax expense (benefit)        
Amortization of net actuarial loss included in net periodic pension costs [2] 5 31 16 62
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, tax 5 31 16 62
Other comprehensive income (loss), tax expense (benefit) 785 165 2,399 (924)
Total comprehensive income (loss), tax expense (benefit) 5,823 4,650 12,599 8,812
Net of Tax Amount        
Net income 19,978 18,107 42,373 38,412
Net unrealized gains (losses) on available-for-sale investment securities, net of tax amount        
Net unrealized holding gains arising during the period 3,061 116 8,717 (2,245)
Recovery of provision for credit losses, after tax (576) (28) (649) 40
Other comprehensive income (loss), securities, available-for-sale, adjustment, after tax 2,485 88 8,068 (2,205)
Net unrealized gains (losses) on interest rate swaps used in cash flow hedges, net of tax amount        
Net unrealized holding losses arising during the period 0 (841) 0 (4,011)
Less: reclassification adjustment for net losses realized in net income 0 1,253 0 2,506
Reclassification adjustment recorded in earnings [1] 450   896  
Total net unrealized gains on interest rate swaps used in cash flow hedges 450 412 896 (1,505)
Defined benefit pension plans, net of tax amount        
Amortization of net actuarial loss included in net periodic pension costs [2] 18 116 59 232
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, after tax 18 116 59 232
Other comprehensive income (loss), net of tax amount 2,953 616 9,023 (3,478)
Total comprehensive income (loss), net of tax amount $ 22,931 $ 18,723 $ 51,396 $ 34,934
[1] Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.
[2] These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 8, "Retirement Plans and Other Postretirement Benefits" for additional details.
v3.25.2
Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance, shares at Dec. 31, 2023   29,511,721        
Beginning balance at Dec. 31, 2023 $ 839,208 $ 157,784 $ 301,066 $ 474,691 $ (50,646) $ (43,687)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 38,412     38,412    
Other comprehensive (loss) income (3,478)          
Other comprehensive income, net of income tax (3,478)          
Cash dividends declared (12,332)     (12,332)    
Stock-based compensation 2,059   2,348 (289)    
Stock issued under dividend reinvestment and employee stock purchase plans, shares   59,227        
Stock issued under dividend reinvestment and employee stock purchase plans 1,268   12     1,256
Vesting of restricted stock unit awards, shares   107,377        
Vesting of restricted stock units, net of shares withheld to cover taxes (857)   (3,212)     2,355
Shares under option, exercised   19,788        
Exercise of stock options 373   (48)     421
Purchases of treasury stock, shares   (507,473)        
Purchases of treasury stock (10,516)         (10,516)
Ending balance, shares at Jun. 30, 2024   29,190,640        
Ending balance at Jun. 30, 2024 854,137 $ 157,784 300,166 500,482 (54,124) (50,171)
Beginning balance, shares at Mar. 31, 2024   29,337,919        
Beginning balance at Mar. 31, 2024 843,669 $ 157,784 298,914 488,790 (54,740) (47,079)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 18,107     18,107    
Other comprehensive (loss) income         616  
Other comprehensive income, net of income tax 616          
Cash dividends declared (6,143)     (6,143)    
Stock-based compensation 1,106   1,378 (272)    
Stock issued under dividend reinvestment and employee stock purchase plans, shares   27,321        
Stock issued under dividend reinvestment and employee stock purchase plans 620   17     603
Vesting of restricted stock unit awards, shares   4,208        
Vesting of restricted stock units, net of shares withheld to cover taxes (23)   (111)     88
Shares under option, exercised   12,000        
Exercise of stock options 223   (32)     255
Purchases of treasury stock, shares   (190,808)        
Purchases of treasury stock (4,038)         (4,038)
Ending balance, shares at Jun. 30, 2024   29,190,640        
Ending balance at Jun. 30, 2024 854,137 $ 157,784 300,166 500,482 (54,124) (50,171)
Beginning balance, shares at Dec. 31, 2024   29,045,877        
Beginning balance at Dec. 31, 2024 887,301 $ 157,784 302,829 525,780 (43,992) (55,100)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 42,373     42,373    
Other comprehensive (loss) income 9,023          
Other comprehensive income, net of income tax 9,023          
Cash dividends declared (12,441)     (12,441)    
Stock-based compensation 2,027   2,335 (308)    
Stock issued under dividend reinvestment and employee stock purchase plans, shares   38,117        
Stock issued under dividend reinvestment and employee stock purchase plans 1,149   98 (1)   1,052
Vesting of restricted stock unit awards, shares   108,328        
Vesting of restricted stock units, net of shares withheld to cover taxes $ (1,582)   (3,656)     2,074
Shares under option, exercised 13,000 13,000        
Exercise of stock options $ 323   34     289
Purchases of treasury stock, shares   (394,517)        
Purchases of treasury stock (11,440)         (11,440)
Ending balance, shares at Jun. 30, 2025   28,810,805        
Ending balance at Jun. 30, 2025 916,733 $ 157,784 301,640 555,403 (34,969) (63,125)
Beginning balance, shares at Mar. 31, 2025   28,962,648        
Beginning balance at Mar. 31, 2025 903,472 $ 157,784 300,634 541,776 (37,922) (58,800)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 19,978     19,978    
Other comprehensive (loss) income         2,953  
Other comprehensive income, net of income tax 2,953          
Cash dividends declared (6,353)     (6,353)    
Stock-based compensation 968   965 3    
Stock issued under dividend reinvestment and employee stock purchase plans, shares   18,981        
Stock issued under dividend reinvestment and employee stock purchase plans 575   48 (1)   528
Vesting of restricted stock unit awards, shares   433        
Vesting of restricted stock units, net of shares withheld to cover taxes (7)   (15)     8
Shares under option, exercised   1,500        
Exercise of stock options 43   8     35
Purchases of treasury stock, shares   (172,757)        
Purchases of treasury stock (4,896)         (4,896)
Ending balance, shares at Jun. 30, 2025   28,810,805        
Ending balance at Jun. 30, 2025 $ 916,733 $ 157,784 $ 301,640 $ 555,403 $ (34,969) $ (63,125)
v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 42,373 $ 38,412
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 8,005 2,139
Depreciation of premises and equipment 2,731 2,718
Net amortization of investment securities premiums and discounts 480 521
Amortization, fair market value adjustments and capitalization of servicing rights 81 2,899
Net gain on mortgage banking activities (1,628) (2,649)
Bank owned life insurance income (2,971) (1,928)
Stock-based compensation 2,252 2,231
Intangible expenses 261 375
Other adjustments to reconcile net income to cash used in operating activities (1,567) (1,107)
Originations of loans held for sale (95,067) (138,398)
Proceeds from the sale of loans held for sale 95,735 124,758
Contributions to pension and other postretirement benefit plans (125) (126)
Increase in accrued interest receivable and other assets (3,526) (18,716)
Decrease in accrued interest payable and other liabilities (8,176) (2,972)
Net cash provided by operating activities 38,858 8,157
Cash flows from investing activities:    
Proceeds from sale of premises and equipment 305 2,445
Purchases of premises and equipment (3,293) (1,852)
Proceeds from maturities, calls and principal repayments of securities held-to-maturity 6,727 6,583
Proceeds from maturities, calls and principal repayments of securities available-for-sale 24,025 32,931
Purchases of investment securities held-to-maturity (1,236) (1,100)
Purchases of investment securities available-for-sale (22,380) (27,351)
Proceeds from sales of equity securities 2,955 2,103
Purchases of money market mutual funds (2,250) (1,847)
Net decrease in other investments 2,498 3,061
Net decrease (increase) in loans and leases 14,283 (119,483)
Proceeds from sales of foreclosed / repossessed assets 239 0
Purchases of bank owned life insurance 0 (5,710)
Proceeds from bank owned life insurance 2,236 1,159
Net cash provided by (used in) investing activities 24,109 (109,061)
Cash flows from financing activities:    
Net (decrease) increase in deposits (176,602) 119,529
Net (decrease) increase in short-term borrowings (4,910) 5,475
Proceeds from issuance of long-term debt 50,000 0
Repayment of long-term debt (75,000) (60,000)
Payment of contingent consideration on acquisitions (635) (635)
Payment for shares withheld to cover taxes on vesting of restricted stock units (1,582) (857)
Purchases of treasury stock (11,440) (10,516)
Stock issued under dividend reinvestment and employee stock purchase plans 1,149 1,268
Proceeds from exercise of stock options 323 373
Cash dividends paid (12,749) (12,621)
Net cash (used in) provided by financing activities (231,446) 42,016
Net decrease in cash and cash equivalents (168,479) (58,888)
Cash and cash equivalents at beginning of year 328,844 249,799
Cash and cash equivalents at end of period 160,365 190,911
Supplemental disclosures of cash flow information:    
Cash paid for interest 98,926 91,937
Cash paid for income taxes, net of refunds 11,310 11,090
Transfer of loans to other real estate owned 2,526 252
Transfer of leases to repossessed assets $ 17 $ 167
v3.25.2
Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Statement of Financial Position [Abstract]        
Cash dividends declared, per share $ 0.22 $ 0.21 $ 0.43 $ 0.42
Other comprehensive (loss) income     $ 9,023 $ (3,478)
Stock issued under dividend reinvestment and employee stock purchase plans $ 575 $ 620 $ 1,149 $ 1,268
v3.25.2
Summary of Significant Accounting Policies
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Principles of Consolidation and Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Univest Financial Corporation (the Corporation) and its wholly owned subsidiaries. The Corporation’s direct subsidiary is Univest Bank and Trust Co. (the Bank). All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to the rules and regulations for interim financial information. The accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature and are, in the opinion of management, necessary for a fair presentation of the financial statements for the interim periods presented. Certain prior period amounts have been reclassified to conform to the current period presentation. Operating results for the three and six-month periods ended June 30, 2025 are not necessarily indicative of the results that may be expected for the year ended December 31, 2025 or for any other period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto included in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on February 24, 2025.

Use of Estimates

The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include the fair value measurement of investment securities available-for-sale and the determination of the allowance for credit losses on loans and leases.

Recent Accounting Pronouncements Yet to Be Adopted

In October 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative". This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB Accounting Standards Codification. The amendments in this ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirements, and align the requirements in the Codification with the SEC's regulations. For entities subject to the SEC's existing disclosure requirements and for entities required to file or furnish financial statements with or to the SEC in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer, the effective date for each amendment will be the date on which the SEC removes that related disclosure from its rules. For all other entities, the amendments will be effective two years later. However, if by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective for any entity. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In December 2023, the FASB issued ASU No. 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU enhances annual income tax disclosures to address investor requests for more transparency about income tax information through improvements to income tax disclosures, primarily related to the rate reconciliation and income taxes paid information. This ASU also includes certain other amendments to improve the effectiveness of income tax disclosures. For public business entities, the amendments in this ASU are effective for annual periods beginning after December 15, 2024. For all other business entities, the amendments will be effective for annual periods beginning after December 15, 2025. Early adoption is permitted. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In November 2024, the FASB issued ASU No. 2024-03, "Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires new financial statement disclosures in tabular format, disaggregating information about prescribed categories underlying any
relevant income statement expense caption. This ASU is effective for public business entities for annual reporting periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Early adoption is permitted. This ASU applies on a prospective basis for periods beginning after the effective date. However, retrospective application to any or all prior periods presented is permitted. In January 2025, the FASB issued ASU No. 2025-01 to amend the effective date of ASU No. 2024-03 to clarify that all public business entities are required to adopt the guidance in annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In November 2024, the FASB issued ASU No. 2024-04, "Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments". This ASU clarifies the requirements for determining whether certain settlements of convertible debt instruments should be accounted for as an induced conversion. This ASU is effective for all entities for annual and interim periods in fiscal years beginning after December 15, 2025. Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.
v3.25.2
Earnings per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share.
Three Months EndedSix Months Ended
 June 30,June 30,
(Dollars and shares in thousands, except per share data)2025202420252024
Numerator for basic and diluted earnings per share—net income available to common shareholders
$19,978 $18,107 $42,373 $38,412 
Denominator for basic earnings per share—weighted-average shares outstanding
28,859 29,247 28,929 29,330 
Effect of dilutive securities—stock options and restricted stock units188 106 226 123 
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding
29,047 29,353 29,155 29,453 
Basic earnings per share$0.69 $0.62 $1.46 $1.31 
Diluted earnings per share$0.69 $0.62 $1.45 $1.30 
Average antidilutive options and restricted stock units excluded from computation of diluted earnings per share112 334 114 255 
v3.25.2
Investment Securities
6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments Securities Investment Securities
The following table shows the amortized cost, the estimated fair value and the allowance for credit losses of the held-to-maturity securities and available-for-sale securities at June 30, 2025 and December 31, 2024, by contractual maturity within each type:
 At June 30, 2025
(Dollars in thousands)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit LossesFair Value
Securities Held-to-Maturity
Residential mortgage-backed securities:
After 1 year to 5 years$796 $ $(13)$ $783 
After 5 years to 10 years11,990  (350) 11,640 
Over 10 years115,669  (14,926) 100,743 
128,455  (15,289) 113,166 
Total$128,455 $ $(15,289)$ $113,166 
Securities Available-for-Sale
Residential mortgage-backed securities:
Within 1 year$6 $ $ $ $6 
After 1 year to 5 years206  (3) 203 
After 5 years to 10 years10,121  (513) 9,608 
Over 10 years310,920 748 (30,327) 281,341 
321,253 748 (30,843) 291,158 
Collateralized mortgage obligations:
After 1 year to 5 years112  (2) 110 
Over 10 years1,528  (97) 1,431 
1,640  (99) 1,541 
Corporate bonds:
Within 1 year8,889 5 (94)(6)8,794 
After 1 year to 5 years48,394 66 (2,613)(11)45,836 
After 5 years to 10 years20,500 15 (1,423) 19,092 
77,783 86 (4,130)(17)73,722 
Total$400,676 $834 $(35,072)$(17)$366,421 
 At December 31, 2024
(Dollars in thousands)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit LossesFair Value
Securities Held-to-Maturity
Residential mortgage-backed securities:
After 1 year to 5 years$1,114 $— $(24)$— $1,090 
After 5 years to 10 years10,208 — (450)— 9,758 
Over 10 years122,789 — (18,630)— 104,159 
134,111 — (19,104)— 115,007 
Total$134,111 $— $(19,104)$— $115,007 
Securities Available-for-Sale
State and political subdivisions:
Within 1 year$1,300 $— $(5)$— $1,295 
1,300 — (5)— 1,295 
Residential mortgage-backed securities:
Within 1 year20 — — — 20 
After 1 year to 5 years298 — (6)— 292 
After 5 years to 10 years11,260 — (791)— 10,469 
Over 10 years311,126 119 (38,645)— 272,600 
322,704 119 (39,442)— 283,381 
Collateralized mortgage obligations:
After 1 year to 5 years155 — (4)— 151 
Over 10 years1,663 — (129)— 1,534 
1,818 — (133)— 1,685 
Corporate bonds:
Within 1 year5,905 (58)(6)5,846 
After 1 year to 5 years10,924 16 (303)(31)10,606 
After 5 years to 10 years60,000 — (4,650)(802)54,548 
76,829 21 (5,011)(839)71,000 
Total$402,651 $140 $(44,591)$(839)$357,361 

Gross unrealized gains and losses on available-for-sale securities are recognized in accumulated other comprehensive income (loss) and changes in the allowance for credit loss are recorded through provisions for credit loss expense. Expected maturities may differ from contractual maturities because debt issuers may have the right to call or prepay obligations without call or prepayment penalties and mortgage-backed securities typically prepay at a rate faster than contractually due.

Securities with a carrying value of $424.6 million and $424.8 million at June 30, 2025 and December 31, 2024, respectively, were pledged to secure public funds deposits and contingency funding. There were no pledged securities to secure credit derivatives and interest rate swaps at June 30, 2025 or December 31, 2024.

There were no sales of securities available-for-sale during the three months ended June 30, 2025 or 2024.
At June 30, 2025 and December 31, 2024, there were no reportable investments in any single issuer representing more than 10% of shareholders’ equity.
The following table shows the fair value of securities that were in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2025 and December 31, 2024, by the length of time those securities were in a continuous loss position.
 Less than
Twelve Months
Twelve Months
or Longer
Total
(Dollars in thousands)Fair ValueUnrealized
Losses
Fair ValueUnrealized
Losses
Fair ValueUnrealized
Losses
At June 30, 2025
Securities Held-to-Maturity
Residential mortgage-backed securities$2,573 $(17)$109,356 $(15,272)$111,929 $(15,289)
Total$2,573 $(17)$109,356 $(15,272)$111,929 $(15,289)
Securities Available-for-Sale
Residential mortgage-backed securities$25,762 $(151)$201,199 $(30,692)$226,961 $(30,843)
Collateralized mortgage obligations  1,542 (99)1,542 (99)
Corporate bonds996 (2)56,977 (3,938)57,973 (3,940)
Total$26,758 $(153)$259,718 $(34,729)$286,476 $(34,882)
At December 31, 2024
Securities Held-to-Maturity
Residential mortgage-backed securities$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)
Total$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)
Securities Available-for-Sale
Residential mortgage-backed securities$65,044 $(905)$205,071 $(38,537)$270,115 $(39,442)
Collateralized mortgage obligations— — 1,685 (133)1,685 (133)
Total$65,044 $(905)$206,756 $(38,670)$271,800 $(39,575)

At June 30, 2025, the fair value of held-to-maturity securities in an unrealized loss position for which an allowance for credit losses has not been recorded was $111.9 million, including unrealized losses of $15.3 million. These holdings were comprised of 90 federal agency mortgage-backed securities, which are U.S. government entities and agencies and are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses. The Corporation did not recognize any credit losses on held-to-maturity debt securities for the six months ended June 30, 2025.

At June 30, 2025, the fair value of available-for-sale securities in an unrealized loss position for which an allowance for credit losses has not been recorded was $286.5 million, including unrealized losses of $34.9 million. These holdings were comprised of: (1) 106 federal agency mortgage-backed securities, which are U.S. government entities and agencies and are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses; (2) 10 investment grade corporate bonds, and (3) two collateralized mortgage obligation bonds. The Corporation does not intend to sell the securities in an unrealized loss position and is unlikely to be required to sell these securities before a recovery of fair value, which may be maturity. The Corporation concluded that the negative fair value of these securities was not indicative of a credit loss. Accrued interest receivable on available-for-sale debt securities totaled $1.2 million at June 30, 2025 and is included within accrued interest receivable and other assets on the condensed consolidated balance sheet. This amount is excluded from the estimate of expected credit losses.
The table below presents a roll forward by major security type for the six months ended June 30, 2025 and June 30, 2024 of the allowance for credit losses on securities available-for-sale.

(Dollars in thousands)Corporate Bonds
Six months ended June 30, 2025
Securities Available-for-Sale
Beginning balance$(839)
Change in securities for which a previous expected credit loss was recognized822 
Ending balance$(17)
Six months ended June 30, 2024
Securities Available-for-Sale
Beginning balance$(731)
Additions for securities for which no previous expected credit losses were recognized(1)
Change in securities for which a previous expected credit loss was recognized(49)
Ending balance$(781)

At June 30, 2025, the fair value of available-for-sale securities in an unrealized loss position for which an allowance for credit losses has been recorded was $10.3 million, including unrealized losses of $209 thousand, and allowance for credit losses of $17 thousand. These holdings were comprised of 19 investment grade corporate bonds, all of which fluctuate in value based on changes in market conditions. For these securities, fluctuations were primarily due to changes in the interest rate environment. The Corporation does not intend to sell these securities, and it is not likely that it will be required to sell the securities before their anticipated recovery. The underlying issuers continue to make timely principal and interest payments on the securities.

During the second quarter of 2025, $719 thousand of allowance credit for losses was reversed on six investment grade corporate bonds. These six investment grade corporate bonds were issued by Global Systemically Important Banks and Domestic Systemically Important Banks which hold a significant amount of excess capital to address a systemic event. As such, these banks were excluded from the allowance for credit loss on investments as the credit risk within this portfolio is deemed to be zero.

The Corporation recognized a $42 thousand net loss on equity securities during the six months ended June 30, 2024 in other noninterest income. There were no sales of equity securities during the six months ended June 30, 2025 or 2024.
v3.25.2
Loans and Leases
6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Loans and Leases Loans and Leases
Summary of Major Loan and Lease Categories

(Dollars in thousands)At June 30, 2025At December 31, 2024
Commercial, financial and agricultural$1,052,246 $1,037,835 
Real estate-commercial3,485,615 3,530,451 
Real estate-construction302,424 274,483 
Real estate-residential secured for business purpose535,210 536,095 
Real estate-residential secured for personal purpose984,166 994,972 
Real estate-home equity secured for personal purpose195,014 186,836 
Loans to individuals14,069 21,250 
Lease financings232,441 244,661 
Total loans and leases held for investment, net of deferred income$6,801,185 $6,826,583 
Less: Allowance for credit losses, loans and leases(86,989)(87,091)
Net loans and leases held for investment$6,714,196 $6,739,492 
Imputed interest on lease financings, included in the above table$(29,947)$(31,927)
Net deferred costs, included in the above table6,646 6,992 
Overdraft deposits included in the above table170 104 
Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases held for investment, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at June 30, 2025 and December 31, 2024:
Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due
60-89
Days
Past Due
90 Days
or more
Past Due
Total
Past Due
CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At June 30, 2025
Commercial, financial and agricultural$8,270 $2,188 $ $10,458 $1,034,884 $1,045,342 $6,904 $1,052,246 
Real estate—commercial real estate and construction:
Commercial real estate3,129 202  3,331 3,466,623 3,469,954 15,661 3,485,615 
Construction635   635 301,789 302,424  302,424 
Real estate—residential and home equity:
Residential secured for business purpose2,871 361  3,232 529,629 532,861 2,349 535,210 
Residential secured for personal purpose3,900 157  4,057 978,925 982,982 1,184 984,166 
Home equity secured for personal purpose1,154 576  1,730 192,030 193,760 1,254 195,014 
Loans to individuals167 144 16 327 13,742 14,069  14,069 
Lease financings2,619 486 109 3,214 228,670 231,884 557 232,441 
Total$22,745 $4,114 $125 $26,984 $6,746,292 $6,773,276 $27,909 $6,801,185 
Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due
60-89
Days
Past Due
90 Days
or more
Past Due
Total
Past Due
CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At December 31, 2024
Commercial, financial and agricultural$1,750 $723 $— $2,473 $1,031,567 $1,034,040 $3,795 $1,037,835 
Real estate—commercial real estate and construction:
Commercial real estate415 2,919 — 3,334 3,524,438 3,527,772 2,679 3,530,451 
Construction3,659 — — 3,659 270,824 274,483 — 274,483 
Real estate—residential and home equity:
Residential secured for business purpose1,077 — — 1,077 534,432 535,509 586 536,095 
Residential secured for personal purpose3,040 — — 3,040 988,127 991,167 3,805 994,972 
Home equity secured for personal purpose1,063 309 — 1,372 184,273 185,645 1,191 186,836 
Loans to individuals187 59 24 270 20,980 21,250 — 21,250 
Lease financings1,026 502 297 1,825 242,225 244,050 611 244,661 
Total$12,217 $4,512 $321 $17,050 $6,796,866 $6,813,916 $12,667 $6,826,583 
During the three months ended June 30, 2025, a $23.7 million commercial loan relationship was placed on nonaccrual status due to, among other things, suspected fraud. Subsequent to the relationship being placed on nonaccrual status, a $7.3 million charge-off was recognized during the quarter. The remaining $16.4 million carrying value is supported by the appraised value of real estate collateral.

Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at June 30, 2025 and December 31, 2024.
 At June 30, 2025At December 31, 2024
(Dollars in thousands)Nonaccrual
Loans and
Leases
Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest
Total Nonperforming
Loans and
Leases
Nonaccrual
Loans and
Leases
Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest
Total Nonperforming
Loans and
Leases
Commercial, financial and agricultural$6,904 $ $6,904 $3,795 $— $3,795 
Real estate—commercial real estate and construction:
Commercial real estate15,661  15,661 2,679 — 2,679 
Real estate—residential and home equity:
Residential secured for business purpose2,349  2,349 586 — 586 
Residential secured for personal purpose1,184  1,184 3,805 — 3,805 
Home equity secured for personal purpose1,254  1,254 1,191 — 1,191 
Loans to individuals 16 16 — 24 24 
Lease financings557 109 666 611 297 908 
Total$27,909 $125 $28,034 $12,667 $321 $12,988 

The following table presents the amortized cost basis of loans and leases held for investment on nonaccrual status and loans and leases held for investment 90 days or more past due and still accruing as of June 30, 2025 and December 31, 2024.
(Dollars in thousands)Nonaccrual With No Allowance for Credit LossesNonaccrual With Allowance for Credit LossesTotal NonaccrualLoans and Leases 90 Days or more Past Due and Accruing Interest
At June 30, 2025
Commercial, financial and agricultural$2,645 $4,259 $6,904 $ 
Real estate-commercial15,301 360 15,661  
Real estate-residential secured for business purpose2,349  2,349  
Real estate-residential secured for personal purpose1,184  1,184  
Real estate-home equity secured for personal purpose1,254  1,254  
Loans to individuals   16 
Lease financings 557 557 109 
Total$22,733 $5,176 $27,909 $125 
At December 31, 2024
Commercial, financial and agricultural$187 $3,608 $3,795 $— 
Real estate-commercial1,834 845 2,679 — 
Real estate-residential secured for business purpose586 — 586 — 
Real estate-residential secured for personal purpose3,805 — 3,805 — 
Real estate-home equity secured for personal purpose1,191 — 1,191 — 
Loans to individuals— — — 24 
Lease financings— 611 611 297 
Total$7,603 $5,064 $12,667 $321 
For the six months ended June 30, 2025, $23 thousand of interest income was recognized on nonaccrual loans and leases.

The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of June 30, 2025 and December 31, 2024.

(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At June 30, 2025
Commercial, financial and agricultural$4,087 $2,121 $696 $6,904 
Real estate-commercial15,661   15,661 
Real estate-residential secured for business purpose2,349   2,349 
Real estate-residential secured for personal purpose1,184   1,184 
Real estate-home equity secured for personal purpose1,254   1,254 
Lease financings 557  557 
Total$24,535 $2,678 $696 $27,909 
(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At December 31, 2024
Commercial, financial and agricultural$1,521 $1,843 $431 $3,795 
Real estate-commercial2,661 — 18 2,679 
Real estate-residential secured for business purpose586 — — 586 
Real estate-residential secured for personal purpose3,805 — — 3,805 
Real estate-home equity secured for personal purpose1,191 — — 1,191 
Lease financings— 611 — 611 
Total$9,764 $2,454 $449 $12,667 
(1) Collateral consists of business assets, including accounts receivable, personal property and equipment.
(2) Loans fully guaranteed or fully reserved given lack of collateral.

Credit Quality Indicators

The Corporation categorizes risk based on relevant information about the ability of the borrower to service their debt. Loans with a relationship balance of less than $1 million are reviewed when necessary based on their performance, primarily when such loans are delinquent. Commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans with relationships greater than $1 million are reviewed at least annually. Loan relationships with a higher risk profile or classified as special mention or substandard are reviewed at least quarterly. The Corporation reviews credit quality key risk indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2024. The following is a description of the internal risk ratings and the likelihood of loss related to the credit quality of commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans.

1.Pass—Loans considered satisfactory with no indications of deterioration
2.Special Mention—Potential weakness that deserves management's close attention
3.Substandard—Well-defined weakness or weaknesses that jeopardize the liquidation of the debt
4.Doubtful—Collection or liquidation in-full, on the basis of current existing facts, conditions and values, highly questionable and improbable
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans by credit quality indicator at June 30, 2025 and December 31, 2024.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At June 30, 2025
Commercial, Financial and Agricultural
Risk Rating
1. Pass$129,091 $148,042 $59,416 $43,197 $73,033 $50,049 $440,540 $990 $944,358 
2. Special Mention461  8,637 23,359   21,689  54,146 
3. Substandard495 7,994 454 1,727 5,739 5,627 31,706  53,742 
Total$130,047 $156,036 $68,507 $68,283 $78,772 $55,676 $493,935 $990 $1,052,246 
Current period gross charge-offs$9 $ $2,070 $7 $ $585 $6,723 $ $9,394 
Real Estate-Commercial
Risk Rating
1. Pass$302,594 $432,781 $411,318 $866,924 $543,162 $802,582 $81,928 $ $3,441,289 
2. Special Mention7,505 9,195 412   1,221   18,333 
3. Substandard  187 3,004 11,530 9,513 1,759  25,993 
Total$310,099 $441,976 $411,917 $869,928 $554,692 $813,316 $83,687 $ $3,485,615 
Current period gross charge-offs$ $ $ $20 $ $ $ $ $20 
Real Estate-Construction
Risk Rating
1. Pass$70,540 $104,316 $50,790 $48,463 $3,122 $3,503 $13,463 $ $294,197 
2. Special Mention         
3. Substandard245   4,932   3,050  8,227 
Total$70,785 $104,316 $50,790 $53,395 $3,122 $3,503 $16,513 $ $302,424 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$51,712 $84,955 $84,933 $127,406 $98,962 $51,380 $31,994 $ $531,342 
2. Special Mention 74 438  673  100  1,285 
3. Substandard  1,654   804 125  2,583 
Total$51,712 $85,029 $87,025 $127,406 $99,635 $52,184 $32,219 $ $535,210 
Totals By Risk Rating
1. Pass$553,937 $770,094 $606,457 $1,085,990 $718,279 $907,514 $567,925 $990 $5,211,186 
2. Special Mention7,966 9,269 9,487 23,359 673 1,221 21,789  73,764 
3. Substandard740 7,994 2,295 9,663 17,269 15,944 36,640  90,545 
Total$562,643 $787,357 $618,239 $1,119,012 $736,221 $924,679 $626,354 $990 $5,375,495 
Total current period gross charge-offs$9 $ $2,070 $27 $ $585 $6,723 $ $9,414 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At December 31, 2024
Commercial, Financial and Agricultural
Risk Rating
1. Pass$232,925 $73,453 $68,205 $95,135 $16,403 $44,329 $411,413 $871 $942,734 
2. Special Mention3,622 6,489 24,423 166 — 27,106 — 61,811 
3. Substandard— 500 1,975 6,623 — 6,401 17,791 — 33,290 
Total$236,547 $80,442 $94,603 $101,924 $16,408 $50,730 $456,310 $871 $1,037,835 
Real Estate-Commercial
Risk Rating
1. Pass$506,644 $441,802 $882,071 $581,693 $538,539 $471,734 $81,145 $— $3,503,628 
2. Special Mention1,763 — 716 — 3,028 12,213 — — 17,720 
3. Substandard— — 2,662 827 1,402 1,317 2,895 — 9,103 
Total$508,407 $441,802 $885,449 $582,520 $542,969 $485,264 $84,040 $— $3,530,451 
Real Estate-Construction
Risk Rating
1. Pass$109,627 $71,770 $58,072 $4,226 $1,700 $1,899 $19,636 $— $266,930 
2. Special Mention— — — — — — — — — 
3. Substandard248 — 4,095 — 2,403 — 807 — 7,553 
Total$109,875 $71,770 $62,167 $4,226 $4,103 $1,899 $20,443 $— $274,483 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$93,976 $95,743 $137,406 $104,156 $48,495 $21,937 $31,922 $— $533,635 
2. Special Mention547 239 — 683 405 — — — 1,874 
3. Substandard— — — — 548 38 — — 586 
Total$94,523 $95,982 $137,406 $104,839 $49,448 $21,975 $31,922 $— $536,095 
Totals By Risk Rating
1. Pass$943,172 $682,768 $1,145,754 $785,210 $605,137 $539,899 $544,116 $871 $5,246,927 
2. Special Mention5,932 6,728 25,139 849 3,438 12,213 27,106 — 81,405 
3. Substandard248 500 8,732 7,450 4,353 7,756 21,493 — 50,532 
Total$949,352 $689,996 $1,179,625 $793,509 $612,928 $559,868 $592,715 $871 $5,378,864 

The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at June 30, 2025 or December 31, 2024.

The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2024. Loans and leases past due 90 days or more and loans and leases on nonaccrual status are considered nonperforming. Nonperforming loans and leases are reviewed monthly. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due.
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings by credit quality indicator at June 30, 2025 and December 31, 2024.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
At June 30, 2025
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$11,748 $27,343 $205,261 $346,472 $190,302 $200,740 $ $981,866 
2. Nonperforming   138  1,046  1,184 
Total$11,748 $27,343 $205,261 $346,610 $190,302 $201,786 $ $983,050 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$255 $239 $328 $2,102 $353 $1,353 $189,130 $193,760 
2. Nonperforming      1,254 1,254 
Total$255 $239 $328 $2,102 $353 $1,353 $190,384 $195,014 
Loans to Individuals
Payment Performance
1. Performing$1,203 $1,682 $690 $285 $216 $579 $9,398 $14,053 
2. Nonperforming     16  16 
Total$1,203 $1,682 $690 $285 $216 $595 $9,398 $14,069 
Current period gross charge-offs$50 $78 $48 $9 $ $ $168 $353 
Lease Financings
Payment Performance
1. Performing$34,013 $73,844 $69,219 $35,912 $15,049 $3,738 $ $231,775 
2. Nonperforming23 36 194 254 109 50  666 
Total$34,036 $73,880 $69,413 $36,166 $15,158 $3,788 $ $232,441 
Current period gross charge-offs$ $ $161 $164 $34 $47 $16 $422 
Totals by Payment Performance
1. Performing$47,219 $103,108 $275,498 $384,771 $205,920 $206,410 $198,528 $1,421,454 
2. Nonperforming23 36 194 392 109 1,112 1,254 3,120 
Total$47,242 $103,144 $275,692 $385,163 $206,029 $207,522 $199,782 $1,424,574 
Total current period gross charge-offs$50 $78 $209 $173 $34 $47 $184 $775 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2024
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$25,908 $203,136 $356,506 $195,727 $121,743 $88,147 $— $991,167 
2. Nonperforming— — 142 37 2,836 790 — 3,805 
Total$25,908 $203,136 $356,648 $195,764 $124,579 $88,937 $— $994,972 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$354 $352 $2,260 $402 $326 $1,201 $180,750 $185,645 
2. Nonperforming— — 21 — — — 1,170 1,191 
Total$354 $352 $2,281 $402 $326 $1,201 $181,920 $186,836 
Loans to Individuals
Payment Performance
1. Performing$2,008 $963 $459 $300 $19 $610 $16,867 $21,226 
2. Nonperforming— — — — — 24 — 24 
Total$2,008 $963 $459 $300 $19 $634 $16,867 $21,250 
Lease Financings
Payment Performance
1. Performing$83,360 $82,634 $46,986 $23,088 $5,989 $1,696 $— $243,753 
2. Nonperforming197 168 473 32 25 13 — 908 
Total$83,557 $82,802 $47,459 $23,120 $6,014 $1,709 $— $244,661 
Totals by Payment Performance
1. Performing$111,630 $287,085 $406,211 $219,517 $128,077 $91,654 $197,617 $1,441,791 
2. Nonperforming197 168 636 69 2,861 827 1,170 5,928 
Total$111,827 $287,253 $406,847 $219,586 $130,938 $92,481 $198,787 $1,447,719 

The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at June 30, 2025 or December 31, 2024.
Allowance for Credit Losses on Loans and Leases and Recorded Investment in Loans and Leases

The following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the three and six months ended June 30, 2025 and 2024. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the six months ended June 30, 2025.
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Three Months Ended June 30, 2025
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$17,527 $6,973 $(7,837)$316 $16,979 
Real estate-commercial47,166 (831) 3 46,338 
Real estate-construction4,750 503   5,253 
Real estate-residential secured for business purpose7,507 (39)  7,468 
Real estate-residential secured for personal purpose6,394 50  7 6,451 
Real estate-home equity secured for personal purpose1,566 43   1,609 
Loans to individuals328 189 (188)15 344 
Lease financings2,552 118 (133)10 2,547 
Total$87,790 $7,006 $(8,158)$351 $86,989 
Three Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,932 $1,448 $(920)$85 $14,545 
Real estate-commercial45,853 121 — 45,978 
Real estate-construction6,254 (101)— — 6,153 
Real estate-residential secured for business purpose8,800 (1,294)— 233 7,739 
Real estate-residential secured for personal purpose6,637 (31)— — 6,606 
Real estate-home equity secured for personal purpose1,184 504 — — 1,688 
Loans to individuals388 70 (127)17 348 
Lease financings2,584 205 (122)21 2,688 
Total$85,632 $922 $(1,169)$360 $85,745 
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Six Months Ended June 30, 2025
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$16,079 $9,652 $(9,394)$642 $16,979 
Real estate-commercial46,867 (516)(20)7 46,338 
Real estate-construction4,924 329   5,253 
Real estate-residential secured for business purpose7,491 (23)  7,468 
Real estate-residential secured for personal purpose7,222 (778) 7 6,451 
Real estate-home equity secured for personal purpose1,706 (97)  1,609 
Loans to individuals342 333 (353)22 344 
Lease financings2,460 491 (422)18 2,547 
Total$87,091 $9,391 $(10,189)$696 $86,989 
Six Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,699 $2,263 $(1,513)$96 $14,545 
Real estate-commercial45,849 122 — 45,978 
Real estate-construction6,543 110 (500)— 6,153 
Real estate-residential secured for business purpose8,692 (1,188)— 235 7,739 
Real estate-residential secured for personal purpose6,349 123 — 134 6,606 
Real estate-home equity secured for personal purpose1,289 399 — — 1,688 
Loans to individuals392 305 (406)57 348 
Lease financings2,574 439 (352)27 2,688 
Total$85,387 $2,573 $(2,771)$556 $85,745 
The following presents, by portfolio segment, the balance in the allowance for credit losses on loans and leases disaggregated on the basis of whether the loan or lease was measured for credit loss as a pooled loan or lease or if it was individually analyzed for a reserve at June 30, 2025 and 2024:
Allowance for credit losses, loans and leasesLoans and leases held for investment
(Dollars in thousands)Ending balance: individually analyzedEnding balance: pooledTotal ending balanceEnding balance: individually analyzedEnding balance: pooledTotal ending balance
At June 30, 2025
Commercial, financial and agricultural$2,541 $14,438 $16,979 $6,904 $1,045,342 $1,052,246 
Real estate-commercial151 46,187 46,338 15,661 3,469,954 3,485,615 
Real estate-construction 5,253 5,253  302,424 302,424 
Real estate-residential secured for business purpose 7,468 7,468 2,349 532,861 535,210 
Real estate-residential secured for personal purpose 6,451 6,451 1,184 982,982 984,166 
Real estate-home equity secured for personal purpose 1,609 1,609 1,254 193,760 195,014 
Loans to individuals 344 344  14,069 14,069 
Lease financings116 2,431 2,547 116 232,325 232,441 
Total$2,808 $84,181 $86,989 $27,468 $6,773,717 $6,801,185 
At June 30, 2024
Commercial, financial and agricultural$433 $14,112 $14,545 $2,237 $1,053,095 $1,055,332 
Real estate-commercial23 45,955 45,978 4,140 3,369,749 3,373,889 
Real estate-construction— 6,153 6,153 3,523 309,706 313,229 
Real estate-residential secured for business purpose— 7,739 7,739 822 531,806 532,628 
Real estate-residential secured for personal purpose— 6,606 6,606 3,818 948,847 952,665 
Real estate-home equity secured for personal purpose— 1,688 1,688 1,193 177,957 179,150 
Loans to individuals— 348 348 15 26,415 26,430 
Lease financings— 2,688 2,688 — 251,514 251,514 
Total$456 $85,289 $85,745 $15,748 $6,669,089 $6,684,837 

Modified Loans to Borrowers Experiencing Financial Difficulty

The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended June 30, 2025 and 2024.
Term Extension
 Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural4 $12,514 1.19 %$64 $4,925 0.47 %$10 
Total4 $12,514 $64 $4,925 $10 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
Other-Than-Insignificant Payment Delay
Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural $— — %— $7,333 0.69 %98 
Total   7,333 98 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
*Amortized cost excludes $54 thousand and $73 thousand of accrued interest receivable on modified loans for the three months ended June 30, 2025 and June 30, 2024, respectively.
Term Extension
 Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural5 $14,624 1.39 %$68 $4,925 0.47 %$10 
Real estate—commercial    3,213 0.10 
Real estate—construction2 5,010 1.66 5 — —  — 
Total7 $19,634 $73 $8,138 $12 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction    3,523 1.12 — 
Total $ $ $3,523 $— 

Other-Than-Insignificant Payment Delay
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural $  %$ $7,333 0.69 %$98 
Total $ $ $7,333 $98 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
*Amortized cost excludes $99 thousand and $95 thousand of accrued interest receivable on modified loans for the six months ended June 30, 2025 and June 30, 2024, respectively.
The following presents, by class of loans, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and six months ended June 30, 2025 and 2024.
 Term ExtensionOther-Than-Insignificant Payment Delay
(Dollars in thousands)No. of
Loans
Financial EffectNo. of
Loans
Financial Effect
Three Months Ended June 30, 2025
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural4 
 Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
 
Total4  
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total  
Three Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural
Added 10 months to the life of the loan, which reduced monthly payment amount for the borrower.
Provided 3 months of payment deferrals to assist borrowers.
Total
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total— — 
Six Months Ended June 30, 2025
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural5 
 Added a weighted-average 9 months to the life of the loan, which reduced monthly payment amount for the borrower.
 
Real estate—construction2 
 Added a weighted-average 5 months to the life of the loan, which reduced monthly payment amounts for the borrower.
 
Total7  
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total  
Six Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural
Added a weighted-average 10 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
Added 3 months of payment deferrals to assist borrowers.
Real estate—commercial
Added a weighted-average 8 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Total
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction
Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
Total— 

There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults during the 12-month period preceding modification for the three and six months ended June 30, 2025 and 2024.
The following presents, by class of loans, the amortized cost and performance status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty that have been modified in the last 12 months as of June 30, 2025 and 2024.
At June 30, 2025
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural$14,624 $ $ $14,624 
Real estate—construction5,010   5,010 
Total$19,634 $ $ $19,634 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total$ $ $ $ 

At June 30, 2024
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural$12,258 $— $— $12,258 
Real estate—commercial8,060 — — 8,060 
Total$20,318 $— $— $20,318 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction$3,523 $— 0$— $3,523 
Total$3,523 $— $— $3,523 

As of June 30, 2025 and June 30, 2024, the Bank had $1.2 million and $971 thousand, respectively, in commitments to extend credit to borrowers experiencing financial difficulty whose terms had been modified.

The following presents the amount of consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at June 30, 2025 or December 31, 2024.
(Dollars in thousands)At June 30, 2025At December 31, 2024
Real estate-residential secured for personal purpose$637 $3,095 
Real estate-home equity secured for personal purpose 125 
Total$637 $3,220 

The following presents foreclosed residential real estate property included in other real estate owned at June 30, 2025 or December 31, 2024.
(Dollars in thousands)At June 30, 2025At December 31, 2024
Foreclosed residential real estate$2,526 $234 
Lease Financings

The following presents the schedule of minimum lease payments receivable:
(Dollars in thousands)At June 30, 2025At December 31, 2024
2025 (excluding the six months ended June 30, 2025)$49,075 $91,125 
202683,903 76,977 
202763,391 56,881 
202838,934 32,899 
202918,183 12,101 
Thereafter4,492 1,964 
Total future minimum lease payments receivable257,978 271,947 
Plus: Unguaranteed residual1,478 1,485 
Plus: Initial direct costs2,932 3,156 
Less: Imputed interest(29,947)(31,927)
Lease financings$232,441 $244,661 
v3.25.2
Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The Corporation has goodwill from acquisitions which is deemed to be an indefinite intangible asset and is not amortized. Changes in the carrying amount of the Corporation's goodwill by business segment for the six months ended June 30, 2025 were as follows:
(Dollars in thousands)BankingWealth ManagementInsuranceConsolidated
Balance at December 31, 2024$138,476 $15,434 $21,600 $175,510 
Addition to goodwill from acquisitions— — — — 
Balance at June 30, 2025$138,476 $15,434 $21,600 $175,510 

The Corporation also has core deposit and customer-related intangibles, which are not deemed to have an indefinite life and therefore will continue to be amortized over their useful life using the present value of projected cash flows. The following table reflects the components of intangible assets at the dates indicated:
At June 30, 2025At December 31, 2024
(Dollars in thousands)Gross Carrying Amount
Accumulated Amortization (1)
Net Carrying AmountGross Carrying Amount
Accumulated Amortization (1)
Net Carrying Amount
Amortized intangible assets:
Core deposit intangibles$5,268 $5,172 $96 $6,788 $6,597 $191 
Customer related intangibles2,476 1,514 962 2,476 1,348 1,128 
Servicing rights12,632 5,723 6,909 12,274 5,284 6,990 
Total amortized intangible assets$20,376 $12,409 $7,967 $21,538 $13,229 $8,309 
(1) Included within accumulated amortization is a valuation allowance of $21 thousand and $7 thousand on servicing rights at June 30, 2025 and December 31, 2024, respectively.
The estimated aggregate amortization expense for core deposit and customer-related intangibles for the remainder of 2025 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$208 
2026318 
2027216 
2028161 
2029105 
Thereafter50 
Total$1,058 
The aggregate fair value of servicing rights was $11.4 million and $12.7 million at June 30, 2025 and December 31, 2024, respectively. The fair value of these rights was determined using a discount rate of 11.1% and 11.0% at June 30, 2025 and December 31, 2024, respectively.

Changes in the servicing rights balance are summarized as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Beginning of period$6,872 $5,681 $6,990 $8,982 
Servicing rights capitalized464 537 747 963 
Amortization of servicing rights(432)(136)(814)(477)
Sold servicing rights —  (3,466)
Changes in valuation allowance5 (14)81 
End of period$6,909 $6,083 $6,909 $6,083 
Loans serviced for others$1,049,499 $933,873 $1,049,499 $933,873 
Activity in the valuation allowance for servicing rights was as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Valuation allowance, beginning of period$(26)$(18)$(7)$(98)
Additions — (14)— 
Reductions5  81 
Valuation allowance, end of period$(21)$(17)$(21)$(17)

The estimated amortization expense of servicing rights for the remainder of 2025 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$1,118 
2026941 
2027794 
2028673 
2029570 
Thereafter2,813 
Total$6,909 
v3.25.2
Deposits
6 Months Ended
Jun. 30, 2025
Deposits [Abstract]  
Deposits Deposits
Deposits and their respective weighted average interest rate at June 30, 2025 and December 31, 2024 consisted of the following:
At June 30, 2025At December 31, 2024
Weighted Average Interest RateAmountWeighted Average Interest RateAmount
(Dollars in thousands)
Noninterest-bearing deposits %$1,461,189 — %$1,414,635 
Demand deposits3.31 2,896,516 3.25 3,186,597 
Savings deposits0.45 723,996 0.44 704,321 
Time deposits4.04 1,500,959 4.40 1,453,706 
Total2.43 %$6,582,660 2.52 %$6,759,259 

Deposits are insured up to applicable limits by the Deposit Insurance Fund of the FDIC, which is currently $250 thousand per account owner. The aggregate amount of time deposits in denominations over $250 thousand was $321.6 million at June 30, 2025 and $276.0 million at December 31, 2024.

At June 30, 2025, the scheduled maturities of time deposits were as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$722,537 
2026361,263 
2027178,352 
2028163,626 
202973,417 
Thereafter1,764 
Total$1,500,959 
v3.25.2
Borrowings
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Borrowings Borrowings
The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less.
At June 30, 2025At December 31, 2024
(Dollars in thousands)Balance at End of PeriodWeighted Average Interest Rate at End of PeriodBalance at End of PeriodWeighted Average Interest Rate at End of Period
Short-term borrowings:
Customer repurchase agreements$6,271 0.05 %$11,181 0.05 %
Long-term debt:
FHLB advances$200,000 4.20 $225,000 4.35 %
Subordinated notes149,511 6.08 149,261 6.08 

The Corporation, through the Bank, has a credit facility with the Federal Home Loan Bank (the FHLB) that had a maximum borrowing capacity of approximately $3.2 billion and $3.3 billion at June 30, 2025 and December 31, 2024, respectively. All borrowings and letters of credit from the FHLB are secured by qualifying commercial real estate and residential mortgage loans, investments and other assets. The Bank had outstanding short-term letters of credit with the FHLB totaling $1.1 billion and $1.3 billion at June 30, 2025 and December 31, 2024, respectively, which were utilized to collateralize public funds deposits and other secured deposits. The maximum borrowing capacity with the FHLB changes as a function of the Bank’s qualifying collateral assets as well as the FHLB’s internal credit rating of the Bank. The available borrowing capacity from the FHLB totaled $1.9 billion and $1.7 billion at June 30, 2025 and December 31, 2024, respectively.    

The Corporation, through the Bank, holds investment securities at the Federal Reserve Bank of Philadelphia (the FRB) to provide access to the Discount Window Lending program. The Bank participates in the FRB Borrower in Custody program, which provides additional committed borrowing capacity for the Bank through the Discount Lending Window program based
upon select loans pledged to the FRB. The total borrowing capacity based upon the qualifying pledged commercial loans and held investment securities was $414.5 million and $397.2 million at June 30, 2025 and December 31, 2024, respectively. At June 30, 2025 and December 31, 2024, the Corporation had no outstanding borrowings under the Discount Window Lending program.

The Corporation has a $10.0 million committed line of credit with a correspondent bank. At June 30, 2025 and December 31, 2024, the Corporation had no outstanding borrowings under this line.

The Corporation and the Bank had $3.6 billion and $3.7 billion of committed borrowing capacity at June 30, 2025 and December 31, 2024, respectively, of which $2.3 billion and $2.1 billion was available as of June 30, 2025 and December 31, 2024, respectively. The Corporation, through the Bank, also maintained uncommitted funding sources from correspondent banks of $469.0 million and $468.0 million at June 30, 2025 and December 31, 2024, respectively. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.
Long-term advances with the FHLB of Pittsburgh mature as follows:
(Dollars in thousands)As of June 30, 2025Weighted Average Rate
Remainder of 2025$— — %
2026100,000 4.29 
202725,000 3.99 
202840,000 4.33 
202925,000 3.91 
Thereafter10,000 3.94 
Total$200,000 4.20 %
v3.25.2
Retirement Plans and Other Postretirement Benefits
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Retirement Plans and Other Postretirement Benefits Retirement Plans and Other Postretirement Benefits
Information with respect to the Retirement Plans and Other Postretirement Benefits follows: 
 Three Months Ended June 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$142 $135 $11 $14 
Interest cost604 600 27 27 
Expected loss on plan assets(899)(869) — 
Amortization of net actuarial loss (gain)61 176 (38)(29)
Net periodic benefit (income) cost$(92)$42 $ $12 
 Six Months Ended June 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$274 $283 $22 $28 
Interest cost1,208 1,192 54 54 
Expected loss on plan assets(1,790)(1,740) — 
Amortization of net actuarial loss (gain)124 351 (49)(57)
Net periodic benefit (income) cost$(184)$86 $27 $25 

The components of net periodic benefit cost, other than the service cost component, are included in other noninterest expense in the condensed consolidated statements of income.
The Corporation expects to make total contributions of $156 thousand to the Retirement Plans and $107 thousand to Other Postretirement Benefit Plans in 2025. During the six months ended June 30, 2025, the Corporation contributed $78 thousand to its Retirement Benefit Plans and $47 thousand to its Other Postretirement Benefit Plans. During the six months ended June 30, 2025, $1.4 million was paid to participants from the Retirement Plans and $47 thousand was paid to participants from the Other Postretirement Benefit Plans.
v3.25.2
Stock-Based Incentive Plan
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Incentive Plan Stock-Based Incentive Plan
On April 26, 2023, the 2023 Equity Incentive Plan (the Plan) was approved by shareholders. This Plan replaced the Amended and Restated Univest 2013 Long-Term Incentive Plan (the 2013 Plan), which expired in April 2023. No new grants are permitted under the 2013 Plan. However, certain options and restricted stock units granted under the 2013 Plan remain outstanding.

The following is a summary of the Corporation's stock option activity and related information for the six months ended June 30, 2025:
(Dollars in thousands, except per share data)Shares Under OptionWeighted Average Exercise Price Per ShareWeighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value at June 30, 2025
Outstanding at December 31, 2024127,782 $27.72 
Exercised(13,000)24.84 
Outstanding at June 30, 2025114,782 $28.05 2.1$229 
Exercisable at June 30, 2025114,782 $28.05 2.1$229 
The Corporation did not grant any stock options during the six months ended June 30, 2025 or June 30, 2024.
The following is a summary of nonvested restricted stock units at June 30, 2025 including changes during the six months then ended:
(Dollars in thousands, except per share data) Nonvested Stock Units Weighted Average Grant Date Fair Value
Nonvested stock units at December 31, 2024501,679 $22.67 
Granted196,666 28.44 
Added by performance factor2,761 28.21 
Vested(164,280)25.33 
Forfeited(5,451)16.23 
Nonvested stock units at June 30, 2025531,375 $24.02 

Certain information regarding restricted stock units is summarized below for the periods indicated:
Six Months Ended June 30,
(Dollars in thousands, except per share data)20252024
Restricted stock units granted196,666 273,030 
Weighted average grant date fair value$28.44 $19.70 
Intrinsic value of units granted$5,592 $5,378 
Restricted stock units vested164,280 151,041 
Weighted average grant date fair value$25.33 $27.66 
Intrinsic value of units vested$4,670 $2,983 
The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested restricted stock units at June 30, 2025 is presented below:
(Dollars in thousands)Unrecognized Compensation CostWeighted-Average Period Remaining (Years)
Restricted stock units$8,807 2.1

The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:
Six Months Ended June 30,
(Dollars in thousands)20252024
Stock-based compensation expense:
Restricted stock units$2,252 $2,231 
Employee stock purchase plan45 49 
Total$2,297 $2,280 
Tax benefit on nonqualified stock option expense and disqualifying dispositions of incentive stock options$275 $658 
v3.25.2
Accumulated Other Comprehensive (Loss) Income
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income Accumulated Other Comprehensive (Loss) Income
The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:
(Dollars in thousands)Net Unrealized
Losses on
Available-for-Sale
Investment
Securities
Net Change
Related to
Derivatives Used for Cash Flow Hedges
Net Change
Related to
Defined Benefit
Pension Plans
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2024$(35,117)$(2,422)$(6,453)$(43,992)
Other comprehensive income8,068  59 8,127 
Reclassification adjustment recorded in earnings (1) 896  896 
Balance, June 30, 2025$(27,049)$(1,526)$(6,394)$(34,969)
Balance, December 31, 2023$(34,321)$(4,566)$(11,759)$(50,646)
Other comprehensive (loss) income(2,205)(1,505)232 (3,478)
Balance, June 30, 2024$(36,526)$(6,071)$(11,527)$(54,124)
(1) Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.
v3.25.2
Derivative Instruments and Hedging Activities
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities
Interest Rate Swaps

The Corporation periodically uses interest rate swap agreements to modify interest rate characteristics from variable to fixed or fixed to variable in order to reduce the impact of interest rate changes on future net interest income. The Corporation’s credit exposure on interest rate swaps includes changes in fair value and any collateral that is held by a third party.

In May 2022, the Corporation entered into an interest rate swap classified as a cash flow hedge with a notional amount of $250.0 million to hedge the interest payments received on a pool of variable rate loans. Under the terms of the swap agreement, the Corporation paid a variable rate equal to the Prime Rate and received a fixed rate of 5.99% with a maturity date of May 4, 2026. On August 2, 2024, the Corporation terminated the swap. In connection with the termination, the Corporation incurred an unwind fee of $4.0 million, of which $2.1 million has been reclassified to earnings as a reduction to interest income since termination. Additionally, unamortized origination and third party fees totaled $124 thousand at June 30, 2025. The $2.1 million will be amortized into interest income over the remaining 10 months of the original swap.
Credit Derivatives

The Corporation has agreements with third-party financial institutions whereby the third-party financial institution enters into interest rate derivative contracts with loan customers referred to them by the Corporation. By the terms of the agreements, the third-party financial institution has recourse to the Corporation for any exposure created under each swap contract in the event the customer defaults on the swap agreement and the agreement is in a paying position to the third-party financial institution. These transactions represent credit derivatives and are a customary arrangement that allows the Corporation to provide access to interest rate swap transactions for customers without issuing the swap.

At June 30, 2025, the Corporation had exposure to 134 variable-rate to fixed-rate interest rate swap transactions between the third-party financial institution and customers with a current notional amount of $839.3 million and remaining maturities ranging from 1 month to 10 years. At June 30, 2025, the fair value of the Corporation's interest rate swap credit derivatives was a liability of $79 thousand. At June 30, 2025, the fair value of the swaps to the customers was a net gain of $31.1 million. At June 30, 2025, the Corporation's credit exposure related to customers totaled $4.0 million.

The maximum potential payments by the Corporation to the third-party financial institution under these credit derivatives are not estimable as they are contingent on future interest rates and the agreements do not provide for a limitation of the maximum potential payment amount.

Mortgage Banking Derivatives

Derivative loan commitments represent agreements for delayed delivery of financial instruments in which the buyer agrees to purchase, and the seller agrees to deliver, at a specified future date, a specified instrument at a specified price or yield. The Corporation’s derivative loan commitments are commitments to sell loans secured by 1- to 4-family residential properties whose predominant risk characteristic is interest rate risk.

Derivatives Tables

The Corporation had no derivatives designated as hedging instruments recorded on the condensed consolidated balance sheets at June 30, 2025 or December 31, 2024.
The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the condensed consolidated balance sheets at June 30, 2025 and December 31, 2024:
  Derivative AssetsDerivative Liabilities
(Dollars in thousands)Notional
Amount
Balance Sheet
Classification
Fair
Value
Balance Sheet
Classification
Fair
Value
At June 30, 2025
Credit derivatives$839,335  $ Other liabilities$79 
Interest rate locks with customers31,973 Other assets359   
Forward loan sale commitments49,747   Other liabilities51 
Total$921,055 $359 $130 
At December 31, 2024
Credit derivatives$860,423 $— Other liabilities$67 
Interest rate locks with customers23,291 Other assets214  — 
Forward loan sale commitments39,944 Other assets12  — 
Total$923,658 $226 $67 
The following table presents amounts included in the condensed consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:
Statement of Income
Classification
Three Months EndedSix Months Ended
June 30,June 30,
(Dollars in thousands)2025202420252024
Interest rate swap—cash flow hedge—net interest paymentsInterest expense$ $1,586 $ $3,172 
Reclassification adjustment included in earnings (1)Interest income(569)— (1,134)— 
Total net loss$(569)$(1,586)$(1,134)$(3,172)
(1) Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.

The following table presents amounts included in the condensed consolidated statements of income for derivatives not designated as hedging instruments for the periods indicated:
Statement of Income ClassificationThree Months EndedSix Months Ended
June 30,June 30,
(Dollars in thousands)2025202420252024
Credit derivativesOther noninterest income$135 $111 $152 $338 
Interest rate locks with customersNet (loss) gain on mortgage banking activities(62)236 146 30 
Forward loan sale commitmentsNet gain (loss) on mortgage banking activities90 (92)(63)289 
Total net gain$163 $255 $235 $657 

The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments at June 30, 2025 and December 31, 2024:
(Dollars in thousands)Accumulated Other
Comprehensive (Loss) Income
At June 30, 2025At December 31, 2024
Interest rate swap—cash flow hedge (1)Fair value, net of taxes$(1,526)$(2,422)
Total$(1,526)$(2,422)
(1) The interest rate swap was terminated on August 2, 2024. This after-tax amount will be reclassified to earnings as a reduction to interest income over the remaining 10 months of the original swap.
v3.25.2
Fair Value Disclosures
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value Disclosures Fair Value Disclosures
Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. The Corporation determines the fair value of financial instruments based on the fair value hierarchy. The Corporation maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Corporation. Unobservable inputs are inputs that reflect the Corporation’s assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances, including assumptions about risk. Three levels of inputs are used to measure fair value. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement. Transfers between levels are recognized at the end of the reporting periods.
Level 1: Valuations are based on quoted prices in active markets for identical assets or liabilities that the Corporation can access at the measurement date. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.
Level 2: Valuations are based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.
Level 3: Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Assets and liabilities utilizing Level 3 inputs include: financial instruments whose value is determined using pricing models, discounted cash-flow methodologies, or similar techniques, as well as instruments for which the fair value calculation requires significant management judgment or estimation.
Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy.

Investment Securities

Where quoted prices are available in an active market for identical instruments, investment securities are classified within Level 1 of the valuation hierarchy. Level 1 investment securities include U.S. Treasury securities, most equity securities and money market mutual funds. Mutual funds are registered investment companies which are valued at net asset value of shares on a market exchange at the end of each trading day. Level 2 of the valuation hierarchy includes securities issued by U.S. Government sponsored enterprises, mortgage-backed securities, collateralized mortgage obligations, corporate and municipal bonds and certain equity securities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. In cases where there is limited activity or less transparency around inputs to the valuation, investment securities are classified within Level 3 of the valuation hierarchy.

Fair values for securities are determined using independent pricing services and market-participating brokers. The Corporation’s independent pricing service utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information for structured securities, cash flow and, when available, loan performance data. Because many fixed income securities do not trade on a daily basis, the pricing service’s evaluated pricing applications apply information as applicable through processes, such as benchmarking of like securities, sector groupings, and matrix pricing, to prepare evaluations. If at any time, the pricing service determines that it does not have sufficient verifiable information to value a particular security, the Corporation will utilize valuations from another pricing service. Management has a sufficient understanding of the third-party service’s valuation models, assumptions and inputs used in determining the fair value of securities to enable management to maintain an appropriate system of internal control.

On a quarterly basis, the Corporation reviews changes, as submitted by the pricing service, in the market value of its security portfolio. Individual changes in valuations are reviewed for consistency with general interest rate movements and any known credit concerns for specific securities. If, upon the Corporation’s review or in comparing with another service, a material difference between pricing evaluations were to exist, the Corporation may submit an inquiry to the current pricing service regarding the data used to determine the valuation of a particular security. If the Corporation determines there is market information that would support a different valuation than from the current pricing service’s evaluation, the Corporation may utilize and change the security's valuation. There were no material differences in valuations noted at June 30, 2025.

Loans Held for Sale

The fair value of our mortgage loans held for sale is based on estimates using Level 2 inputs. These inputs are based on pricing information obtained from wholesale mortgage banks and brokers and applied to loans with similar interest rates and maturities.

Derivative Financial Instruments

The fair values of derivative financial instruments are based upon the estimated amount the Corporation would receive or pay to terminate the contracts or agreements, taking into account current interest rates and, when appropriate, the current creditworthiness of the counterparties. Interest rate swaps and mortgage banking derivative financial instruments are classified within Level 2 of the valuation hierarchy. Credit derivatives are valued based on credit worthiness of the underlying borrower which is a significant unobservable input and therefore classified in Level 3 of the valuation hierarchy.

Contingent Consideration Liability

The Corporation estimates the fair value of the contingent consideration liability by using a discounted cash flow model of future contingent payments based on projected revenue related to the acquired business. The estimated fair value of the contingent consideration liability is reviewed on a quarterly basis and any valuation adjustments resulting from a change of estimated future contingent payments based on projected revenue of the acquired business affecting the contingent consideration liability will be recorded through noninterest expense. Due to the significant unobservable input related to the projected revenue, the contingent consideration liability is classified within Level 3 of the valuation hierarchy. An increase in the projected revenue may result in a higher fair value of the contingent consideration liability. Alternatively, a decrease in the projected revenue may result in a lower estimated fair value of the contingent consideration liability.
The following table presents the assets and liabilities measured at fair value on a recurring basis at June 30, 2025 and December 31, 2024, classified using the fair value hierarchy:
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
Residential mortgage-backed securities$ $291,158 $ $291,158 
Collateralized mortgage obligations 1,541  1,541 
Corporate bonds 73,722  73,722 
Total available-for-sale securities 366,421  366,421 
Equity securities:
Money market mutual funds1,801   1,801 
Total equity securities1,801   1,801 
Loans held for sale 17,774  17,774 
Interest rate locks with customers* 359  359 
Total assets$1,801 $384,554 $ $386,355 
Liabilities:
Credit derivatives*$ $ $79 $79 
Forward loan sale commitments* 51  51 
Total liabilities$ $51 $79 $130 
* Such financial instruments are recorded at fair value as further described in Note 11, "Derivative Instruments and Hedging Activities."

The $79 thousand of credit derivatives liability represented the Credit Valuation Adjustment (CVA), which is obtained from real-time financial market data, of 134 interest rate swaps with a notional amount of $839.3 million. The June 30, 2025 CVA was calculated using a 40% loss given default rate on the most recent investment grade credit curve.

 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
State and political subdivisions$— $1,295 $— $1,295 
Residential mortgage-backed securities— 283,381 — 283,381 
Collateralized mortgage obligations— 1,685 — 1,685 
Corporate bonds— 71,000 — 71,000 
Total available-for-sale securities— 357,361 — 357,361 
Equity securities:
Money market mutual funds2,506 — — 2,506 
Total equity securities2,506 — — 2,506 
Loans held for sale— 16,653 — 16,653 
Interest rate locks with customers*— 214 — 214 
Forward loan sale commitments*— 12 — 12 
Total assets$2,506 $374,240 $— $376,746 
Liabilities:
Contingent consideration liability$— $— $635 $635 
Credit derivatives*— — 67 67 
Total liabilities$— $— $702 $702 
* Such financial instruments are recorded at fair value as further described in Note 11, "Derivative Instruments and Hedging Activities."
The $67 thousand of credit derivatives liability represented the CVA, which is obtained from real-time financial market data, of 135 interest rate swaps with a current notional amount of $860.4 million. The December 31, 2024 CVA was calculated using a 40% loss given default rate on the most recent investment grade credit curve.

The contingent consideration liability resulting from the Sheaffer acquisition was calculated using a discount rate of 8.3% on the acquisition date. During the six months ended June 30, 2025, the Corporation paid $635 thousand in contingent consideration related to this acquisition. There was no contingent consideration liability at June 30, 2025. During the year ended December 31, 2024, the Corporation paid $635 thousand in contingent consideration related to this acquisition. The contingent consideration liability was $635 thousand at December 31, 2024.
The following table includes a roll forward of credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the six months ended June 30, 2025 and 2024:
 Six Months Ended June 30, 2025
(Dollars in thousands)Balance at
December 31,
2024
AdditionsIncrease in valueBalance at June 30, 2025
Credit derivatives$(67)$(164)$152 $(79)
Net total $(67)$(164)$152 $(79)
 Six Months Ended June 30, 2024
(Dollars in thousands)Balance at
December 31,
2023
AdditionsIncrease in valueBalance at June 30, 2024
Credit derivatives$(186)$(268)$338 $(116)
Net total$(186)$(268)$338 $(116)

The following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the six months ended June 30, 2025 and 2024:
 Six Months Ended June 30, 2025
(Dollars in thousands)Balance at
December 31,
2024
Payment of
Contingent
Consideration
Adjustment
of Contingent
Consideration
Balance at June 30, 2025
Paul I. Sheaffer Insurance Agency$635 $635 $ $ 
Total contingent consideration liability$635 $635 $ $ 
 Six Months Ended June 30, 2024
(Dollars in thousands)Balance at
December 31,
2023
Payment of
Contingent
Consideration
Adjustment
of Contingent
Consideration
Balance at June 30, 2024
Paul I. Sheaffer Insurance Agency$1,224 $635 $25 $614 
Total contingent consideration liability$1,224 $635 $25 $614 
The Corporation may be required to periodically measure certain assets and liabilities at fair value on a non-recurring basis in accordance with GAAP. These adjustments to fair value usually result from the application of lower of cost or market accounting or changes in the value of individual assets. The following table represents assets measured at fair value on a non-recurring basis at June 30, 2025 and December 31, 2024:
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Individually analyzed loans held for investment$ $ $24,660 $24,660 
Other real estate owned  22,471 22,471 
Repossessed assets   80 80 
Total$ $ $47,211 $47,211 
 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Individually analyzed loans held for investment$— $— $10,111 $10,111 
Other real estate owned  20,141 20,141 
Repossessed assets— — 76 76 
Total$— $— $30,328 $30,328 

The following table presents assets and liabilities not measured at fair value on a recurring or non-recurring basis in the Corporation’s condensed consolidated balance sheets but for which the fair value is required to be disclosed at June 30, 2025 and December 31, 2024. The disclosed fair values are classified using the fair value hierarchy.
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Fair
Value
Carrying
Amount
Assets:
Cash and short-term interest-earning assets$160,365 $ $ $160,365 $160,365 
Held-to-maturity securities 113,166  113,166 128,455 
Federal Home Loan Bank, Federal Reserve Bank and other stockNANANANA36,482 
Net loans and leases held for investment  6,627,734 6,627,734 6,689,536 
Servicing rights  11,424 11,424 6,909 
Total assets$160,365 $113,166 $6,639,158 $6,912,689 $7,021,747 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$5,081,701 $ $ $5,081,701 $5,081,701 
Time deposits 1,502,566  1,502,566 1,500,959 
Total deposits5,081,701 1,502,566  6,584,267 6,582,660 
Short-term borrowings6,271   6,271 6,271 
Long-term debt 201,508  201,508 200,000 
Subordinated notes 150,000  150,000 149,511 
Total liabilities$5,087,972 $1,854,074 $ $6,942,046 $6,938,442 
 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Fair
Value
Carrying
Amount
Assets:
Cash and short-term interest-earning assets$328,844 $— $— $328,844 $328,844 
Held-to-maturity securities— 115,007 — 115,007 134,111 
Federal Home Loan Bank, Federal Reserve Bank and other stockNANANANA38,980 
Net loans and leases held for investment— — 6,586,054 6,586,054 6,729,381 
Servicing rights— — 12,710 12,710 6,990 
Total assets$328,844 $115,007 $6,598,764 $7,042,615 $7,238,306 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$5,305,553 $— $— $5,305,553 $5,305,553 
Time deposits— 1,458,774 — 1,458,774 1,453,706 
Total deposits5,305,553 1,458,774 — 6,764,327 6,759,259 
Short-term borrowings11,181 — — 11,181 11,181 
Long-term debt— 225,475 — 225,475 225,000 
Subordinated notes— 147,500 — 147,500 149,261 
Total liabilities$5,316,734 $1,831,749 $— $7,148,483 $7,144,701 

The following valuation methods and assumptions were used by the Corporation in estimating the fair value for financial instruments measured at fair value on a non-recurring basis and financial instruments not measured at fair value on a recurring or non-recurring basis in the Corporation’s condensed consolidated balance sheets but for which the fair value is required to be disclosed:

Cash and short-term interest-earning assets: The carrying amounts reported in the balance sheet for cash and due from banks, interest-earning deposits with other banks and other short-term investments is their stated value. Cash and short-term interest-earning assets are classified within Level 1 in the fair value hierarchy.

Held-to-maturity securities: Fair values for the held-to-maturity investment securities are estimated by using pricing models or quoted prices of securities with similar characteristics and are classified in Level 2 in the fair value hierarchy.

Federal Home Loan Bank, Federal Reserve Bank and other stock: It is not practical to determine the fair values of Federal Home Loan Bank, Federal Reserve Bank and other stock, due to restrictions placed on their transferability.

Loans held for sale: Loans held for sale are carried at the lower of cost or estimated fair value. The fair value of the Corporation’s mortgage loans held for sale are generally determined using a pricing model based on current market information obtained from external sources, including interest rates, bids or indications provided by market participants on specific loans that are actively marketed for sale. These loans are primarily residential mortgage loans and are generally classified in Level 2 due to the observable pricing data.

Loans and leases held for investment: The fair values for loans and leases held for investment are estimated using discounted cash flow analyses, using a discount rate based on current interest rates at which similar loans with similar terms would be made to borrowers, adjusted as appropriate to consider credit, liquidity and marketability factors to arrive at a fair value that represents the Corporation's exit price at which these instruments would be sold or transferred. Loans and leases are classified within Level 3 in the fair value hierarchy since credit risk is not an observable input.

Individually analyzed loans and leases held for investment: For individually analyzed loans and leases, the Corporation uses a variety of techniques to measure fair value, such as using the current appraised value of the collateral, agreements of sale, discounting the contractual cash flows, and analyzing market data that the Corporation may adjust due to specific characteristics of the loan/lease or collateral. At June 30, 2025, individually analyzed loans held for investment had a carrying amount of $27.4 million with a valuation allowance of $2.7 million. At December 31, 2024, individually analyzed loans held for investment had a carrying amount of $12.1 million with a valuation allowance of $1.9 million. At June 30, 2025, individually analyzed leases
had a carrying amount of $116 thousand with a valuation allowance of $116 thousand. The Corporation had no individually analyzed leases at December 31, 2024.

Servicing rights: The Corporation estimates the fair value of servicing rights using discounted cash flow models that calculate the present value of estimated future net servicing income. The model uses readily available prepayment speed assumptions for the interest rates of the portfolios serviced. Servicing rights are classified within Level 3 in the fair value hierarchy based upon management's assessment of the inputs. The Corporation reviews the servicing rights portfolio on a quarterly basis for impairment and the servicing rights are carried at the lower of amortized cost or estimated fair value. At June 30, 2025, servicing rights had a net carrying amount of $6.9 million, which included a valuation allowance of $21 thousand. At December 31, 2024, servicing rights had a net carrying amount of $7.0 million, which included a valuation allowance of $7 thousand.

Goodwill and other identifiable assets: Certain non-financial assets subject to measurement at fair value on a non-recurring basis include goodwill and other identifiable intangible assets. During the six months ended June 30, 2025, there were no required valuation adjustments of goodwill and other identifiable intangible assets.

Other real estate owned: Other real estate owned (OREO) represents properties that the Corporation has acquired through foreclosure by either accepting a deed in lieu of foreclosure, or by taking possession of assets that collateralized a loan. The Corporation reports OREO at the lower of cost or fair value less cost to sell, adjusted periodically based on a current appraisal or an executed agreement of sale. Capital improvement expenses associated with the construction or repair of the property are capitalized as part of the cost of the OREO asset. Write-downs and any gain or loss upon the sale of OREO is recorded in other noninterest income. OREO is reported in other assets on the condensed consolidated balance sheet. At June 30, 2025 and December 31, 2024, OREO had a carrying amount of $22.5 million and $20.1 million, respectively. During the six months ended June 30, 2025, one nonaccrual residential real estate loan with a carrying value of $2.5 million was transferred to OREO. Additionally, during the six months ended June 30, 2025, two residential real estate properties with a total carrying value of $226 thousand were sold. Other real estate owned is classified within Level 3 in the fair value hierarchy based on appraisals, letters of intent or agreement of sale received from third parties.

Repossessed Assets: Repossessed assets represents non-real estate assets that the Corporation has acquired by taking possession of the asset that collateralized a loan or lease. The Corporation reports repossessed assets at the fair value less cost to sell, adjusted periodically based on a current appraisal provided by a third party based on their assumptions and quoted market prices for similar assets, when available. Write-downs and any gain or loss upon the sale of repossessed assets is recorded in other noninterest income. Repossessed assets are reported in other assets on the condensed consolidated balance sheet. At June 30, 2025 and December 31, 2024, repossessed assets had a carrying amount of $80 thousand and $76 thousand, respectively. During the six months ended June 30, 2025, repossessed assets totaling $17 thousand were transferred to repossessed assets and $13 thousand were sold. Repossessed assets are classified within Level 3 in the fair value hierarchy based on appraisals, letters of intent, agreement of sale or indications of value received from third parties.

Deposit liabilities: The fair values for demand and savings accounts, with no stated maturities, is the amount payable on demand at the reporting date (carrying value) and are classified within Level 1 in the fair value hierarchy. The fair values for time deposits with fixed maturities are estimated by discounting the final maturity using interest rates currently offered for deposits with similar remaining maturities. Time deposits are classified within Level 2 in the fair value hierarchy.

Short-term borrowings: The fair value of short-term borrowings are estimated using current market rates for similar borrowings and are classified within Level 1 in the fair value hierarchy.

Long-term debt: The fair value of long-term debt is estimated by using discounted cash flow analysis, based on current market rates for debt with similar terms and remaining maturities. Long-term debt is classified within Level 2 in the fair value hierarchy.
Subordinated notes: The fair value of the subordinated notes are estimated by discounting the principal balance using indicative pricing for the term to the call date as the Corporation has the option to call the subordinated notes. The subordinated notes are classified within Level 2 in the fair value hierarchy.
v3.25.2
Segment Reporting
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
At June 30, 2025, the Corporation had three reportable business segments, Banking, Wealth Management and Insurance. The parent holding company and intercompany eliminations are included in the "Other" segment. Each segment generates revenue from a variety of products and services it provides. Examples of products and services provided for each reportable segment are indicated as follows:
The Banking segment provides financial services to individuals, businesses, municipalities and non-profit organizations. These services include a full range of banking services such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.
The Wealth Management segment offers investment advisory, financial planning and trust and brokerage services. The Wealth Management segment serves a diverse client base of private families and individuals, municipal pension plans, retirement plans, trusts and guardianships.
The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefit solutions, personal insurance lines and human resources consulting.
The following tables provide reportable segment-specific information, as well as the Other Segment, and reconciliations to the condensed consolidated financial information for the three and six months ended June 30, 2025 and 2024.
Three Months Ended
June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$105,691 $15 $ $ $105,706 
Interest expense43,883   2,282 46,165 
Net interest income (expense)61,808 15  (2,282)59,541 
Noninterest income8,524 7,667 5,270 40 21,501 
Total revenue70,332 7,682 5,270 (2,242)81,042 
Provision for credit losses5,694    5,694 
Less: (1)
Salaries, benefits and commissions18,379 4,502 3,587 5,068 31,536 
Net occupancy2,182 128 154 275 2,739 
Equipment889 10 27 117 1,043 
Data processing2,585 374 144 1,305 4,408 
Professional fees600 187 15 795 1,597 
Marketing and advertising335 30 10 123 498 
Deposit insurance premiums1,074    1,074 
Intangible expense49  82  131 
Other segment items (2)
5,717 544 170 875 7,306 
Intersegment expense (revenue) (3)
6,211 131 117 (6,459) 
Income (loss) before income taxes$26,617 $1,776 $964 $(4,341)$25,016 
Income tax expense (benefit)5,368 358 213 (901)5,038 
Net income (loss)$21,249 $1,418 $751 $(3,440)$19,978 
Net capital expenditures$860 $2 $24 $236 $1,122 
Three Months Ended
June 30, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$99,804 $19 $— $$99,832 
Interest expense46,523 — — 2,282 48,805 
Net interest income (expense)53,281 19 — (2,273)51,027 
Noninterest income9,014 6,752 5,186 28 20,980 
Total revenue62,295 6,771 5,186 (2,245)72,007 
Provision for credit losses707 — — — 707 
Less: (1)
Salaries, benefits and commissions17,967 4,547 3,369 4,304 30,187 
Net occupancy2,253 79 157 190 2,679 
Equipment986 11 23 68 1,088 
Data processing3,109 376 133 543 4,161 
Professional fees837 111 509 1,466 
Marketing and advertising320 74 316 715 
Deposit insurance premiums1,098 — — — 1,098 
Intangible expense79 — 109 — 188 
Other segment items (2)
5,138 694 183 1,111 7,126 
Intersegment expense (revenue) (3)
5,715 52 123 (5,890)— 
Income (loss) before income taxes$24,086 $827 $1,075 $(3,396)$22,592 
Income tax expense (benefit)4,734 298 236 (783)4,485 
Net income (loss)$19,352 $529 $839 $(2,613)$18,107 
Net capital expenditures$685 $$58 $59 $807 

Six Months Ended
June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$209,091 $31 $ $ $209,122 
Interest expense88,237   4,563 92,800 
Net interest income (expense)120,854 31  (4,563)116,322 
Noninterest income16,165 15,500 12,176 75 43,916 
Total revenue137,019 15,531 12,176 (4,488)160,238 
Provision for credit losses8,005    8,005 
Less: (1)
Salaries, benefits and commissions36,828 8,858 7,263 9,413 62,362 
Net occupancy4,470 250 333 539 5,592 
Equipment1,876 20 52 217 2,165 
Data processing5,157 727 288 2,600 8,772 
Professional fees1,176 510 29 1,679 3,394 
Marketing and advertising494 58 22 277 851 
Deposit insurance premiums2,225    2,225 
Intangible expense96  165  261 
Other segment items (2)10,906 1,074 386 1,672 14,038 
Intersegment expense (revenue) (3)13,085 259 234 (13,578) 
Income (loss) before income taxes$52,701 $3,775 $3,404 $(7,307)$52,573 
Income tax expense (benefit)10,444 764 756 (1,764)10,200 
Net income (loss)$42,257 $3,011 $2,648 $(5,543)$42,373 
Net capital expenditures$2,350 $9 $30 $598 $2,987 
Six Months Ended
June 30, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$198,386 $37 $— $18 $198,441 
Interest expense91,384 — — 4,563 95,947 
Net interest income (expense)107,002 37 — (4,545)102,494 
Noninterest income19,973 14,105 12,474 23 46,575 
Total revenue126,975 14,142 12,474 (4,522)149,069 
Provision for credit losses2,139 — — — 2,139 
Less: (1)
Salaries, benefits and commissions37,132 8,689 6,821 8,883 61,525 
Net occupancy4,742 159 318 332 5,551 
Equipment2,006 20 46 127 2,199 
Data processing6,580 729 259 1,088 8,656 
Professional fees1,527 270 32 1,325 3,154 
Marketing and advertising433 106 16 576 1,131 
Deposit insurance premiums2,233 — — — 2,233 
Intangible expense157 — 218 — 375 
Other segment items (2)10,218 1,309 330 2,101 13,958 
Intersegment expense (revenue) (3)11,164 104 247 (11,515)— 
Income (loss) before income taxes$48,644 $2,756 $4,187 $(7,439)$48,148 
Income tax expense (benefit)9,692 711 925 (1,592)9,736 
Net income (loss)$38,952 $2,045 $3,262 $(5,847)$38,412 
Net capital expenditures$(778)$11 $67 $107 $(593)
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(2) Other segment items for each reportable segment includes:
Banking - loan and lease financing related fees, deposit and card service fees, and certain overhead expenses.
Wealth Management - referral fees, clearing broker fees, and certain overhead expenses.
Insurance - certain overhead expenses.
Other - Board of Director fees, retirement costs, and certain overhead expenses.
(3) Includes an allocation of general and administrative expenses from both the parent holding company and the Bank.

The following tables show significant components of segment net assets as of June 30, 2025 and December 31, 2024.
At June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Other segment disclosures:
Cash and cash equivalents$74,289 $51,968 $34,108 $ $160,365 
Loans and leases, including loans held for sale, net of allowance for credit losses6,731,970    6,731,970 
Goodwill138,476 15,434 21,600  175,510 
Other segment assets841,531 2,606 2,844 24,230 871,211 
Total segment assets$7,786,266 $70,008 $58,552 $24,230 $7,939,056 
At December 31, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Other segment disclosures:
Cash and cash equivalents$247,023 $50,149 $31,672 $— $328,844 
Loans and leases, including loans held for sale, net of allowance for credit losses6,756,145 — — — 6,756,145 
Goodwill138,476 15,434 21,600 — 175,510 
Other segment assets839,359 3,485 2,828 22,246 867,918 
Total segment assets$7,981,003 $69,068 $56,100 $22,246 $8,128,417 
v3.25.2
Contingencies
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Contingencies Contingencies
The Corporation is periodically subject to various pending and threatened legal actions, which involve claims for monetary relief. Based upon information presently available to the Corporation, it is the Corporation's opinion that any legal and financial responsibility arising from such claims will not have a material adverse effect on the Corporation's results of operations, financial position or cash flows.
v3.25.2
Pay vs Performance Disclosure - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Pay vs Performance Disclosure        
Net Income (Loss) $ 19,978 $ 18,107 $ 42,373 $ 38,412
v3.25.2
Insider Trading Arrangements
3 Months Ended
Jun. 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
v3.25.2
Summary of Significant Accounting Policies (Policies)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Principles of Consolidation
Principles of Consolidation and Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Univest Financial Corporation (the Corporation) and its wholly owned subsidiaries. The Corporation’s direct subsidiary is Univest Bank and Trust Co. (the Bank). All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to the rules and regulations for interim financial information. The accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature and are, in the opinion of management, necessary for a fair presentation of the financial statements for the interim periods presented. Certain prior period amounts have been reclassified to conform to the current period presentation. Operating results for the three and six-month periods ended June 30, 2025 are not necessarily indicative of the results that may be expected for the year ended December 31, 2025 or for any other period. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto included in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on February 24, 2025.
Use of Estimates
Use of Estimates

The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include the fair value measurement of investment securities available-for-sale and the determination of the allowance for credit losses on loans and leases.
Recent Accounting Pronouncements Yet to Be Adopted
Recent Accounting Pronouncements Yet to Be Adopted

In October 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-06, "Disclosure Improvements: Codification Amendments in Response to the SEC's Disclosure Update and Simplification Initiative". This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB Accounting Standards Codification. The amendments in this ASU are expected to clarify or improve disclosure and presentation requirements of a variety of Codification Topics, allow users to more easily compare entities subject to the SEC's existing disclosures with those entities that were not previously subject to the requirements, and align the requirements in the Codification with the SEC's regulations. For entities subject to the SEC's existing disclosure requirements and for entities required to file or furnish financial statements with or to the SEC in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer, the effective date for each amendment will be the date on which the SEC removes that related disclosure from its rules. For all other entities, the amendments will be effective two years later. However, if by June 30, 2027, the SEC has not removed the related disclosure from its regulations, the amendments will be removed from the Codification and not become effective for any entity. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In December 2023, the FASB issued ASU No. 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU enhances annual income tax disclosures to address investor requests for more transparency about income tax information through improvements to income tax disclosures, primarily related to the rate reconciliation and income taxes paid information. This ASU also includes certain other amendments to improve the effectiveness of income tax disclosures. For public business entities, the amendments in this ASU are effective for annual periods beginning after December 15, 2024. For all other business entities, the amendments will be effective for annual periods beginning after December 15, 2025. Early adoption is permitted. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In November 2024, the FASB issued ASU No. 2024-03, "Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires new financial statement disclosures in tabular format, disaggregating information about prescribed categories underlying any
relevant income statement expense caption. This ASU is effective for public business entities for annual reporting periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Early adoption is permitted. This ASU applies on a prospective basis for periods beginning after the effective date. However, retrospective application to any or all prior periods presented is permitted. In January 2025, the FASB issued ASU No. 2025-01 to amend the effective date of ASU No. 2024-03 to clarify that all public business entities are required to adopt the guidance in annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In November 2024, the FASB issued ASU No. 2024-04, "Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments". This ASU clarifies the requirements for determining whether certain settlements of convertible debt instruments should be accounted for as an induced conversion. This ASU is effective for all entities for annual and interim periods in fiscal years beginning after December 15, 2025. Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.
v3.25.2
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Summary of Computation for Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share.
Three Months EndedSix Months Ended
 June 30,June 30,
(Dollars and shares in thousands, except per share data)2025202420252024
Numerator for basic and diluted earnings per share—net income available to common shareholders
$19,978 $18,107 $42,373 $38,412 
Denominator for basic earnings per share—weighted-average shares outstanding
28,859 29,247 28,929 29,330 
Effect of dilutive securities—stock options and restricted stock units188 106 226 123 
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding
29,047 29,353 29,155 29,453 
Basic earnings per share$0.69 $0.62 $1.46 $1.31 
Diluted earnings per share$0.69 $0.62 $1.45 $1.30 
Average antidilutive options and restricted stock units excluded from computation of diluted earnings per share112 334 114 255 
v3.25.2
Investment Securities (Tables)
6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Amortized Cost, Estimated Fair Value and Allowance for Credit Losses of HTM Securities and AFS Securities by Contractual Maturities
The following table shows the amortized cost, the estimated fair value and the allowance for credit losses of the held-to-maturity securities and available-for-sale securities at June 30, 2025 and December 31, 2024, by contractual maturity within each type:
 At June 30, 2025
(Dollars in thousands)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit LossesFair Value
Securities Held-to-Maturity
Residential mortgage-backed securities:
After 1 year to 5 years$796 $ $(13)$ $783 
After 5 years to 10 years11,990  (350) 11,640 
Over 10 years115,669  (14,926) 100,743 
128,455  (15,289) 113,166 
Total$128,455 $ $(15,289)$ $113,166 
Securities Available-for-Sale
Residential mortgage-backed securities:
Within 1 year$6 $ $ $ $6 
After 1 year to 5 years206  (3) 203 
After 5 years to 10 years10,121  (513) 9,608 
Over 10 years310,920 748 (30,327) 281,341 
321,253 748 (30,843) 291,158 
Collateralized mortgage obligations:
After 1 year to 5 years112  (2) 110 
Over 10 years1,528  (97) 1,431 
1,640  (99) 1,541 
Corporate bonds:
Within 1 year8,889 5 (94)(6)8,794 
After 1 year to 5 years48,394 66 (2,613)(11)45,836 
After 5 years to 10 years20,500 15 (1,423) 19,092 
77,783 86 (4,130)(17)73,722 
Total$400,676 $834 $(35,072)$(17)$366,421 
 At December 31, 2024
(Dollars in thousands)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit LossesFair Value
Securities Held-to-Maturity
Residential mortgage-backed securities:
After 1 year to 5 years$1,114 $— $(24)$— $1,090 
After 5 years to 10 years10,208 — (450)— 9,758 
Over 10 years122,789 — (18,630)— 104,159 
134,111 — (19,104)— 115,007 
Total$134,111 $— $(19,104)$— $115,007 
Securities Available-for-Sale
State and political subdivisions:
Within 1 year$1,300 $— $(5)$— $1,295 
1,300 — (5)— 1,295 
Residential mortgage-backed securities:
Within 1 year20 — — — 20 
After 1 year to 5 years298 — (6)— 292 
After 5 years to 10 years11,260 — (791)— 10,469 
Over 10 years311,126 119 (38,645)— 272,600 
322,704 119 (39,442)— 283,381 
Collateralized mortgage obligations:
After 1 year to 5 years155 — (4)— 151 
Over 10 years1,663 — (129)— 1,534 
1,818 — (133)— 1,685 
Corporate bonds:
Within 1 year5,905 (58)(6)5,846 
After 1 year to 5 years10,924 16 (303)(31)10,606 
After 5 years to 10 years60,000 — (4,650)(802)54,548 
76,829 21 (5,011)(839)71,000 
Total$402,651 $140 $(44,591)$(839)$357,361 
Available-for-sale Securities, Allowance for Credit Loss Rollforward
The table below presents a roll forward by major security type for the six months ended June 30, 2025 and June 30, 2024 of the allowance for credit losses on securities available-for-sale.

(Dollars in thousands)Corporate Bonds
Six months ended June 30, 2025
Securities Available-for-Sale
Beginning balance$(839)
Change in securities for which a previous expected credit loss was recognized822 
Ending balance$(17)
Six months ended June 30, 2024
Securities Available-for-Sale
Beginning balance$(731)
Additions for securities for which no previous expected credit losses were recognized(1)
Change in securities for which a previous expected credit loss was recognized(49)
Ending balance$(781)
Unrealized Gain (Loss) on Investments
The following table shows the fair value of securities that were in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2025 and December 31, 2024, by the length of time those securities were in a continuous loss position.
 Less than
Twelve Months
Twelve Months
or Longer
Total
(Dollars in thousands)Fair ValueUnrealized
Losses
Fair ValueUnrealized
Losses
Fair ValueUnrealized
Losses
At June 30, 2025
Securities Held-to-Maturity
Residential mortgage-backed securities$2,573 $(17)$109,356 $(15,272)$111,929 $(15,289)
Total$2,573 $(17)$109,356 $(15,272)$111,929 $(15,289)
Securities Available-for-Sale
Residential mortgage-backed securities$25,762 $(151)$201,199 $(30,692)$226,961 $(30,843)
Collateralized mortgage obligations  1,542 (99)1,542 (99)
Corporate bonds996 (2)56,977 (3,938)57,973 (3,940)
Total$26,758 $(153)$259,718 $(34,729)$286,476 $(34,882)
At December 31, 2024
Securities Held-to-Maturity
Residential mortgage-backed securities$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)
Total$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)
Securities Available-for-Sale
Residential mortgage-backed securities$65,044 $(905)$205,071 $(38,537)$270,115 $(39,442)
Collateralized mortgage obligations— — 1,685 (133)1,685 (133)
Total$65,044 $(905)$206,756 $(38,670)$271,800 $(39,575)
v3.25.2
Loans and Leases (Tables)
6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Summary of Major Loan and Lease Categories
Summary of Major Loan and Lease Categories

(Dollars in thousands)At June 30, 2025At December 31, 2024
Commercial, financial and agricultural$1,052,246 $1,037,835 
Real estate-commercial3,485,615 3,530,451 
Real estate-construction302,424 274,483 
Real estate-residential secured for business purpose535,210 536,095 
Real estate-residential secured for personal purpose984,166 994,972 
Real estate-home equity secured for personal purpose195,014 186,836 
Loans to individuals14,069 21,250 
Lease financings232,441 244,661 
Total loans and leases held for investment, net of deferred income$6,801,185 $6,826,583 
Less: Allowance for credit losses, loans and leases(86,989)(87,091)
Net loans and leases held for investment$6,714,196 $6,739,492 
Imputed interest on lease financings, included in the above table$(29,947)$(31,927)
Net deferred costs, included in the above table6,646 6,992 
Overdraft deposits included in the above table170 104 
Schedule of Age Analysis of Past Due Loans and Leases
Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases held for investment, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at June 30, 2025 and December 31, 2024:
Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due
60-89
Days
Past Due
90 Days
or more
Past Due
Total
Past Due
CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At June 30, 2025
Commercial, financial and agricultural$8,270 $2,188 $ $10,458 $1,034,884 $1,045,342 $6,904 $1,052,246 
Real estate—commercial real estate and construction:
Commercial real estate3,129 202  3,331 3,466,623 3,469,954 15,661 3,485,615 
Construction635   635 301,789 302,424  302,424 
Real estate—residential and home equity:
Residential secured for business purpose2,871 361  3,232 529,629 532,861 2,349 535,210 
Residential secured for personal purpose3,900 157  4,057 978,925 982,982 1,184 984,166 
Home equity secured for personal purpose1,154 576  1,730 192,030 193,760 1,254 195,014 
Loans to individuals167 144 16 327 13,742 14,069  14,069 
Lease financings2,619 486 109 3,214 228,670 231,884 557 232,441 
Total$22,745 $4,114 $125 $26,984 $6,746,292 $6,773,276 $27,909 $6,801,185 
Accruing Loans and Leases
(Dollars in thousands)30-59
Days
Past Due
60-89
Days
Past Due
90 Days
or more
Past Due
Total
Past Due
CurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loans
and Leases
Held for
Investment
At December 31, 2024
Commercial, financial and agricultural$1,750 $723 $— $2,473 $1,031,567 $1,034,040 $3,795 $1,037,835 
Real estate—commercial real estate and construction:
Commercial real estate415 2,919 — 3,334 3,524,438 3,527,772 2,679 3,530,451 
Construction3,659 — — 3,659 270,824 274,483 — 274,483 
Real estate—residential and home equity:
Residential secured for business purpose1,077 — — 1,077 534,432 535,509 586 536,095 
Residential secured for personal purpose3,040 — — 3,040 988,127 991,167 3,805 994,972 
Home equity secured for personal purpose1,063 309 — 1,372 184,273 185,645 1,191 186,836 
Loans to individuals187 59 24 270 20,980 21,250 — 21,250 
Lease financings1,026 502 297 1,825 242,225 244,050 611 244,661 
Total$12,217 $4,512 $321 $17,050 $6,796,866 $6,813,916 $12,667 $6,826,583 
Schedule of Nonperforming Loans and Leases
The following presents, by class of loans and leases, nonperforming loans and leases at June 30, 2025 and December 31, 2024.
 At June 30, 2025At December 31, 2024
(Dollars in thousands)Nonaccrual
Loans and
Leases
Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest
Total Nonperforming
Loans and
Leases
Nonaccrual
Loans and
Leases
Loans and
Leases
90 Days
or more
Past Due
and
Accruing
Interest
Total Nonperforming
Loans and
Leases
Commercial, financial and agricultural$6,904 $ $6,904 $3,795 $— $3,795 
Real estate—commercial real estate and construction:
Commercial real estate15,661  15,661 2,679 — 2,679 
Real estate—residential and home equity:
Residential secured for business purpose2,349  2,349 586 — 586 
Residential secured for personal purpose1,184  1,184 3,805 — 3,805 
Home equity secured for personal purpose1,254  1,254 1,191 — 1,191 
Loans to individuals 16 16 — 24 24 
Lease financings557 109 666 611 297 908 
Total$27,909 $125 $28,034 $12,667 $321 $12,988 
Nonaccrual Loan and Lease Data
The following table presents the amortized cost basis of loans and leases held for investment on nonaccrual status and loans and leases held for investment 90 days or more past due and still accruing as of June 30, 2025 and December 31, 2024.
(Dollars in thousands)Nonaccrual With No Allowance for Credit LossesNonaccrual With Allowance for Credit LossesTotal NonaccrualLoans and Leases 90 Days or more Past Due and Accruing Interest
At June 30, 2025
Commercial, financial and agricultural$2,645 $4,259 $6,904 $ 
Real estate-commercial15,301 360 15,661  
Real estate-residential secured for business purpose2,349  2,349  
Real estate-residential secured for personal purpose1,184  1,184  
Real estate-home equity secured for personal purpose1,254  1,254  
Loans to individuals   16 
Lease financings 557 557 109 
Total$22,733 $5,176 $27,909 $125 
At December 31, 2024
Commercial, financial and agricultural$187 $3,608 $3,795 $— 
Real estate-commercial1,834 845 2,679 — 
Real estate-residential secured for business purpose586 — 586 — 
Real estate-residential secured for personal purpose3,805 — 3,805 — 
Real estate-home equity secured for personal purpose1,191 — 1,191 — 
Loans to individuals— — — 24 
Lease financings— 611 611 297 
Total$7,603 $5,064 $12,667 $321 
For the six months ended June 30, 2025, $23 thousand of interest income was recognized on nonaccrual loans and leases.

The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of June 30, 2025 and December 31, 2024.

(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At June 30, 2025
Commercial, financial and agricultural$4,087 $2,121 $696 $6,904 
Real estate-commercial15,661   15,661 
Real estate-residential secured for business purpose2,349   2,349 
Real estate-residential secured for personal purpose1,184   1,184 
Real estate-home equity secured for personal purpose1,254   1,254 
Lease financings 557  557 
Total$24,535 $2,678 $696 $27,909 
(Dollars in thousands)Real Estate
Other (1)
None (2)
Total
At December 31, 2024
Commercial, financial and agricultural$1,521 $1,843 $431 $3,795 
Real estate-commercial2,661 — 18 2,679 
Real estate-residential secured for business purpose586 — — 586 
Real estate-residential secured for personal purpose3,805 — — 3,805 
Real estate-home equity secured for personal purpose1,191 — — 1,191 
Lease financings— 611 — 611 
Total$9,764 $2,454 $449 $12,667 
(1) Collateral consists of business assets, including accounts receivable, personal property and equipment.
(2) Loans fully guaranteed or fully reserved given lack of collateral.
Summary of Commercial Credit Quality Indicators
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans by credit quality indicator at June 30, 2025 and December 31, 2024.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At June 30, 2025
Commercial, Financial and Agricultural
Risk Rating
1. Pass$129,091 $148,042 $59,416 $43,197 $73,033 $50,049 $440,540 $990 $944,358 
2. Special Mention461  8,637 23,359   21,689  54,146 
3. Substandard495 7,994 454 1,727 5,739 5,627 31,706  53,742 
Total$130,047 $156,036 $68,507 $68,283 $78,772 $55,676 $493,935 $990 $1,052,246 
Current period gross charge-offs$9 $ $2,070 $7 $ $585 $6,723 $ $9,394 
Real Estate-Commercial
Risk Rating
1. Pass$302,594 $432,781 $411,318 $866,924 $543,162 $802,582 $81,928 $ $3,441,289 
2. Special Mention7,505 9,195 412   1,221   18,333 
3. Substandard  187 3,004 11,530 9,513 1,759  25,993 
Total$310,099 $441,976 $411,917 $869,928 $554,692 $813,316 $83,687 $ $3,485,615 
Current period gross charge-offs$ $ $ $20 $ $ $ $ $20 
Real Estate-Construction
Risk Rating
1. Pass$70,540 $104,316 $50,790 $48,463 $3,122 $3,503 $13,463 $ $294,197 
2. Special Mention         
3. Substandard245   4,932   3,050  8,227 
Total$70,785 $104,316 $50,790 $53,395 $3,122 $3,503 $16,513 $ $302,424 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$51,712 $84,955 $84,933 $127,406 $98,962 $51,380 $31,994 $ $531,342 
2. Special Mention 74 438  673  100  1,285 
3. Substandard  1,654   804 125  2,583 
Total$51,712 $85,029 $87,025 $127,406 $99,635 $52,184 $32,219 $ $535,210 
Totals By Risk Rating
1. Pass$553,937 $770,094 $606,457 $1,085,990 $718,279 $907,514 $567,925 $990 $5,211,186 
2. Special Mention7,966 9,269 9,487 23,359 673 1,221 21,789  73,764 
3. Substandard740 7,994 2,295 9,663 17,269 15,944 36,640  90,545 
Total$562,643 $787,357 $618,239 $1,119,012 $736,221 $924,679 $626,354 $990 $5,375,495 
Total current period gross charge-offs$9 $ $2,070 $27 $ $585 $6,723 $ $9,414 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotal
At December 31, 2024
Commercial, Financial and Agricultural
Risk Rating
1. Pass$232,925 $73,453 $68,205 $95,135 $16,403 $44,329 $411,413 $871 $942,734 
2. Special Mention3,622 6,489 24,423 166 — 27,106 — 61,811 
3. Substandard— 500 1,975 6,623 — 6,401 17,791 — 33,290 
Total$236,547 $80,442 $94,603 $101,924 $16,408 $50,730 $456,310 $871 $1,037,835 
Real Estate-Commercial
Risk Rating
1. Pass$506,644 $441,802 $882,071 $581,693 $538,539 $471,734 $81,145 $— $3,503,628 
2. Special Mention1,763 — 716 — 3,028 12,213 — — 17,720 
3. Substandard— — 2,662 827 1,402 1,317 2,895 — 9,103 
Total$508,407 $441,802 $885,449 $582,520 $542,969 $485,264 $84,040 $— $3,530,451 
Real Estate-Construction
Risk Rating
1. Pass$109,627 $71,770 $58,072 $4,226 $1,700 $1,899 $19,636 $— $266,930 
2. Special Mention— — — — — — — — — 
3. Substandard248 — 4,095 — 2,403 — 807 — 7,553 
Total$109,875 $71,770 $62,167 $4,226 $4,103 $1,899 $20,443 $— $274,483 
Real Estate-Residential Secured for Business Purpose
Risk Rating
1. Pass$93,976 $95,743 $137,406 $104,156 $48,495 $21,937 $31,922 $— $533,635 
2. Special Mention547 239 — 683 405 — — — 1,874 
3. Substandard— — — — 548 38 — — 586 
Total$94,523 $95,982 $137,406 $104,839 $49,448 $21,975 $31,922 $— $536,095 
Totals By Risk Rating
1. Pass$943,172 $682,768 $1,145,754 $785,210 $605,137 $539,899 $544,116 $871 $5,246,927 
2. Special Mention5,932 6,728 25,139 849 3,438 12,213 27,106 — 81,405 
3. Substandard248 500 8,732 7,450 4,353 7,756 21,493 — 50,532 
Total$949,352 $689,996 $1,179,625 $793,509 $612,928 $559,868 $592,715 $871 $5,378,864 
Summary of Credit Exposure
Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings by credit quality indicator at June 30, 2025 and December 31, 2024.
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
At June 30, 2025
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$11,748 $27,343 $205,261 $346,472 $190,302 $200,740 $ $981,866 
2. Nonperforming   138  1,046  1,184 
Total$11,748 $27,343 $205,261 $346,610 $190,302 $201,786 $ $983,050 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$255 $239 $328 $2,102 $353 $1,353 $189,130 $193,760 
2. Nonperforming      1,254 1,254 
Total$255 $239 $328 $2,102 $353 $1,353 $190,384 $195,014 
Loans to Individuals
Payment Performance
1. Performing$1,203 $1,682 $690 $285 $216 $579 $9,398 $14,053 
2. Nonperforming     16  16 
Total$1,203 $1,682 $690 $285 $216 $595 $9,398 $14,069 
Current period gross charge-offs$50 $78 $48 $9 $ $ $168 $353 
Lease Financings
Payment Performance
1. Performing$34,013 $73,844 $69,219 $35,912 $15,049 $3,738 $ $231,775 
2. Nonperforming23 36 194 254 109 50  666 
Total$34,036 $73,880 $69,413 $36,166 $15,158 $3,788 $ $232,441 
Current period gross charge-offs$ $ $161 $164 $34 $47 $16 $422 
Totals by Payment Performance
1. Performing$47,219 $103,108 $275,498 $384,771 $205,920 $206,410 $198,528 $1,421,454 
2. Nonperforming23 36 194 392 109 1,112 1,254 3,120 
Total$47,242 $103,144 $275,692 $385,163 $206,029 $207,522 $199,782 $1,424,574 
Total current period gross charge-offs$50 $78 $209 $173 $34 $47 $184 $775 
Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
At December 31, 2024
Real Estate-Residential Secured for Personal Purpose
Payment Performance
1. Performing$25,908 $203,136 $356,506 $195,727 $121,743 $88,147 $— $991,167 
2. Nonperforming— — 142 37 2,836 790 — 3,805 
Total$25,908 $203,136 $356,648 $195,764 $124,579 $88,937 $— $994,972 
Real Estate-Home Equity Secured for Personal Purpose
Payment Performance
1. Performing$354 $352 $2,260 $402 $326 $1,201 $180,750 $185,645 
2. Nonperforming— — 21 — — — 1,170 1,191 
Total$354 $352 $2,281 $402 $326 $1,201 $181,920 $186,836 
Loans to Individuals
Payment Performance
1. Performing$2,008 $963 $459 $300 $19 $610 $16,867 $21,226 
2. Nonperforming— — — — — 24 — 24 
Total$2,008 $963 $459 $300 $19 $634 $16,867 $21,250 
Lease Financings
Payment Performance
1. Performing$83,360 $82,634 $46,986 $23,088 $5,989 $1,696 $— $243,753 
2. Nonperforming197 168 473 32 25 13 — 908 
Total$83,557 $82,802 $47,459 $23,120 $6,014 $1,709 $— $244,661 
Totals by Payment Performance
1. Performing$111,630 $287,085 $406,211 $219,517 $128,077 $91,654 $197,617 $1,441,791 
2. Nonperforming197 168 636 69 2,861 827 1,170 5,928 
Total$111,827 $287,253 $406,847 $219,586 $130,938 $92,481 $198,787 $1,447,719 
Summary of Activity in the Allowance for Credit Losses, Loans and Leases
The following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the three and six months ended June 30, 2025 and 2024. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the six months ended June 30, 2025.
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Three Months Ended June 30, 2025
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$17,527 $6,973 $(7,837)$316 $16,979 
Real estate-commercial47,166 (831) 3 46,338 
Real estate-construction4,750 503   5,253 
Real estate-residential secured for business purpose7,507 (39)  7,468 
Real estate-residential secured for personal purpose6,394 50  7 6,451 
Real estate-home equity secured for personal purpose1,566 43   1,609 
Loans to individuals328 189 (188)15 344 
Lease financings2,552 118 (133)10 2,547 
Total$87,790 $7,006 $(8,158)$351 $86,989 
Three Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,932 $1,448 $(920)$85 $14,545 
Real estate-commercial45,853 121 — 45,978 
Real estate-construction6,254 (101)— — 6,153 
Real estate-residential secured for business purpose8,800 (1,294)— 233 7,739 
Real estate-residential secured for personal purpose6,637 (31)— — 6,606 
Real estate-home equity secured for personal purpose1,184 504 — — 1,688 
Loans to individuals388 70 (127)17 348 
Lease financings2,584 205 (122)21 2,688 
Total$85,632 $922 $(1,169)$360 $85,745 
(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balance
Six Months Ended June 30, 2025
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$16,079 $9,652 $(9,394)$642 $16,979 
Real estate-commercial46,867 (516)(20)7 46,338 
Real estate-construction4,924 329   5,253 
Real estate-residential secured for business purpose7,491 (23)  7,468 
Real estate-residential secured for personal purpose7,222 (778) 7 6,451 
Real estate-home equity secured for personal purpose1,706 (97)  1,609 
Loans to individuals342 333 (353)22 344 
Lease financings2,460 491 (422)18 2,547 
Total$87,091 $9,391 $(10,189)$696 $86,989 
Six Months Ended June 30, 2024
Allowance for credit losses, loans and leases:
Commercial, financial and agricultural$13,699 $2,263 $(1,513)$96 $14,545 
Real estate-commercial45,849 122 — 45,978 
Real estate-construction6,543 110 (500)— 6,153 
Real estate-residential secured for business purpose8,692 (1,188)— 235 7,739 
Real estate-residential secured for personal purpose6,349 123 — 134 6,606 
Real estate-home equity secured for personal purpose1,289 399 — — 1,688 
Loans to individuals392 305 (406)57 348 
Lease financings2,574 439 (352)27 2,688 
Total$85,387 $2,573 $(2,771)$556 $85,745 
Schedule of Allowance for Loan and Lease Credit Losses and Recorded Investment in Loans and Leases
The following presents, by portfolio segment, the balance in the allowance for credit losses on loans and leases disaggregated on the basis of whether the loan or lease was measured for credit loss as a pooled loan or lease or if it was individually analyzed for a reserve at June 30, 2025 and 2024:
Allowance for credit losses, loans and leasesLoans and leases held for investment
(Dollars in thousands)Ending balance: individually analyzedEnding balance: pooledTotal ending balanceEnding balance: individually analyzedEnding balance: pooledTotal ending balance
At June 30, 2025
Commercial, financial and agricultural$2,541 $14,438 $16,979 $6,904 $1,045,342 $1,052,246 
Real estate-commercial151 46,187 46,338 15,661 3,469,954 3,485,615 
Real estate-construction 5,253 5,253  302,424 302,424 
Real estate-residential secured for business purpose 7,468 7,468 2,349 532,861 535,210 
Real estate-residential secured for personal purpose 6,451 6,451 1,184 982,982 984,166 
Real estate-home equity secured for personal purpose 1,609 1,609 1,254 193,760 195,014 
Loans to individuals 344 344  14,069 14,069 
Lease financings116 2,431 2,547 116 232,325 232,441 
Total$2,808 $84,181 $86,989 $27,468 $6,773,717 $6,801,185 
At June 30, 2024
Commercial, financial and agricultural$433 $14,112 $14,545 $2,237 $1,053,095 $1,055,332 
Real estate-commercial23 45,955 45,978 4,140 3,369,749 3,373,889 
Real estate-construction— 6,153 6,153 3,523 309,706 313,229 
Real estate-residential secured for business purpose— 7,739 7,739 822 531,806 532,628 
Real estate-residential secured for personal purpose— 6,606 6,606 3,818 948,847 952,665 
Real estate-home equity secured for personal purpose— 1,688 1,688 1,193 177,957 179,150 
Loans to individuals— 348 348 15 26,415 26,430 
Lease financings— 2,688 2,688 — 251,514 251,514 
Total$456 $85,289 $85,745 $15,748 $6,669,089 $6,684,837 
Schedule of Accruing and Nonaccruing Modified Loans to Borrowers Experiencing Financial Difficulty
The following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three months ended June 30, 2025 and 2024.
Term Extension
 Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural4 $12,514 1.19 %$64 $4,925 0.47 %$10 
Total4 $12,514 $64 $4,925 $10 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
Other-Than-Insignificant Payment Delay
Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural $— — %— $7,333 0.69 %98 
Total   7,333 98 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
*Amortized cost excludes $54 thousand and $73 thousand of accrued interest receivable on modified loans for the three months ended June 30, 2025 and June 30, 2024, respectively.
Term Extension
 Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural5 $14,624 1.39 %$68 $4,925 0.47 %$10 
Real estate—commercial    3,213 0.10 
Real estate—construction2 5,010 1.66 5 — —  — 
Total7 $19,634 $73 $8,138 $12 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction    3,523 1.12 — 
Total $ $ $3,523 $— 

Other-Than-Insignificant Payment Delay
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(Dollars in thousands)Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Number
of
Loans
Amortized Cost Basis*% of Total Class of Financing ReceivableRelated
Reserve
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural $  %$ $7,333 0.69 %$98 
Total $ $ $7,333 $98 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total $ $ — $— $— 
*Amortized cost excludes $99 thousand and $95 thousand of accrued interest receivable on modified loans for the six months ended June 30, 2025 and June 30, 2024, respectively.
Schedule of Financial Effect on Accruing and Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty
The following presents, by class of loans, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the three and six months ended June 30, 2025 and 2024.
 Term ExtensionOther-Than-Insignificant Payment Delay
(Dollars in thousands)No. of
Loans
Financial EffectNo. of
Loans
Financial Effect
Three Months Ended June 30, 2025
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural4 
 Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
 
Total4  
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total  
Three Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural
Added 10 months to the life of the loan, which reduced monthly payment amount for the borrower.
Provided 3 months of payment deferrals to assist borrowers.
Total
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total— — 
Six Months Ended June 30, 2025
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural5 
 Added a weighted-average 9 months to the life of the loan, which reduced monthly payment amount for the borrower.
 
Real estate—construction2 
 Added a weighted-average 5 months to the life of the loan, which reduced monthly payment amounts for the borrower.
 
Total7  
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total  
Six Months Ended June 30, 2024
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural
Added a weighted-average 10 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
Added 3 months of payment deferrals to assist borrowers.
Real estate—commercial
Added a weighted-average 8 months to the life of the loan, which reduced monthly payment amount for the borrower.
— 
Total
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction
Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.
Total— 
Schedule of Aging Analysis of Accruing and Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty
The following presents, by class of loans, the amortized cost and performance status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty that have been modified in the last 12 months as of June 30, 2025 and 2024.
At June 30, 2025
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural$14,624 $ $ $14,624 
Real estate—construction5,010   5,010 
Total$19,634 $ $ $19,634 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Total$ $ $ $ 

At June 30, 2024
(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotal
Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:
Commercial, financial and agricultural$12,258 $— $— $12,258 
Real estate—commercial8,060 — — 8,060 
Total$20,318 $— $— $20,318 
Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:
Real estate—construction$3,523 $— 0$— $3,523 
Total$3,523 $— $— $3,523 
Schedule of Mortgages in Process of Foreclosure
The following presents the amount of consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at June 30, 2025 or December 31, 2024.
(Dollars in thousands)At June 30, 2025At December 31, 2024
Real estate-residential secured for personal purpose$637 $3,095 
Real estate-home equity secured for personal purpose 125 
Total$637 $3,220 

The following presents foreclosed residential real estate property included in other real estate owned at June 30, 2025 or December 31, 2024.
(Dollars in thousands)At June 30, 2025At December 31, 2024
Foreclosed residential real estate$2,526 $234 
Schedule of Lease Payments Receivables
The following presents the schedule of minimum lease payments receivable:
(Dollars in thousands)At June 30, 2025At December 31, 2024
2025 (excluding the six months ended June 30, 2025)$49,075 $91,125 
202683,903 76,977 
202763,391 56,881 
202838,934 32,899 
202918,183 12,101 
Thereafter4,492 1,964 
Total future minimum lease payments receivable257,978 271,947 
Plus: Unguaranteed residual1,478 1,485 
Plus: Initial direct costs2,932 3,156 
Less: Imputed interest(29,947)(31,927)
Lease financings$232,441 $244,661 
v3.25.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill Changes in the carrying amount of the Corporation's goodwill by business segment for the six months ended June 30, 2025 were as follows:
(Dollars in thousands)BankingWealth ManagementInsuranceConsolidated
Balance at December 31, 2024$138,476 $15,434 $21,600 $175,510 
Addition to goodwill from acquisitions— — — — 
Balance at June 30, 2025$138,476 $15,434 $21,600 $175,510 
Components of Intangible Assets The following table reflects the components of intangible assets at the dates indicated:
At June 30, 2025At December 31, 2024
(Dollars in thousands)Gross Carrying Amount
Accumulated Amortization (1)
Net Carrying AmountGross Carrying Amount
Accumulated Amortization (1)
Net Carrying Amount
Amortized intangible assets:
Core deposit intangibles$5,268 $5,172 $96 $6,788 $6,597 $191 
Customer related intangibles2,476 1,514 962 2,476 1,348 1,128 
Servicing rights12,632 5,723 6,909 12,274 5,284 6,990 
Total amortized intangible assets$20,376 $12,409 $7,967 $21,538 $13,229 $8,309 
(1) Included within accumulated amortization is a valuation allowance of $21 thousand and $7 thousand on servicing rights at June 30, 2025 and December 31, 2024, respectively.
Estimated Aggregate Amortization Expense
The estimated aggregate amortization expense for core deposit and customer-related intangibles for the remainder of 2025 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$208 
2026318 
2027216 
2028161 
2029105 
Thereafter50 
Total$1,058 
Changes In Servicing Rights
Changes in the servicing rights balance are summarized as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Beginning of period$6,872 $5,681 $6,990 $8,982 
Servicing rights capitalized464 537 747 963 
Amortization of servicing rights(432)(136)(814)(477)
Sold servicing rights —  (3,466)
Changes in valuation allowance5 (14)81 
End of period$6,909 $6,083 $6,909 $6,083 
Loans serviced for others$1,049,499 $933,873 $1,049,499 $933,873 
Activity In Valuation Allowance For Servicing Rights
Activity in the valuation allowance for servicing rights was as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Valuation allowance, beginning of period$(26)$(18)$(7)$(98)
Additions — (14)— 
Reductions5  81 
Valuation allowance, end of period$(21)$(17)$(21)$(17)
Estimated Amortization Expense of Servicing Rights
The estimated amortization expense of servicing rights for the remainder of 2025 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$1,118 
2026941 
2027794 
2028673 
2029570 
Thereafter2,813 
Total$6,909 
v3.25.2
Deposits (Tables)
6 Months Ended
Jun. 30, 2025
Deposits [Abstract]  
Schedule of Components of Weighted Average Interest Rate and Balance of Deposits
Deposits and their respective weighted average interest rate at June 30, 2025 and December 31, 2024 consisted of the following:
At June 30, 2025At December 31, 2024
Weighted Average Interest RateAmountWeighted Average Interest RateAmount
(Dollars in thousands)
Noninterest-bearing deposits %$1,461,189 — %$1,414,635 
Demand deposits3.31 2,896,516 3.25 3,186,597 
Savings deposits0.45 723,996 0.44 704,321 
Time deposits4.04 1,500,959 4.40 1,453,706 
Total2.43 %$6,582,660 2.52 %$6,759,259 
Schedule Of Maturities Of Time Deposits
At June 30, 2025, the scheduled maturities of time deposits were as follows:
Year(Dollars in thousands)Amount
Remainder of 2025$722,537 
2026361,263 
2027178,352 
2028163,626 
202973,417 
Thereafter1,764 
Total$1,500,959 
v3.25.2
Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Summary of Borrowings by Type
The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less.
At June 30, 2025At December 31, 2024
(Dollars in thousands)Balance at End of PeriodWeighted Average Interest Rate at End of PeriodBalance at End of PeriodWeighted Average Interest Rate at End of Period
Short-term borrowings:
Customer repurchase agreements$6,271 0.05 %$11,181 0.05 %
Long-term debt:
FHLB advances$200,000 4.20 $225,000 4.35 %
Subordinated notes149,511 6.08 149,261 6.08 
Schedule of Maturities of Long-Term FHLB Advances
Long-term advances with the FHLB of Pittsburgh mature as follows:
(Dollars in thousands)As of June 30, 2025Weighted Average Rate
Remainder of 2025$— — %
2026100,000 4.29 
202725,000 3.99 
202840,000 4.33 
202925,000 3.91 
Thereafter10,000 3.94 
Total$200,000 4.20 %
v3.25.2
Retirement Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost (Income)
Information with respect to the Retirement Plans and Other Postretirement Benefits follows: 
 Three Months Ended June 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$142 $135 $11 $14 
Interest cost604 600 27 27 
Expected loss on plan assets(899)(869) — 
Amortization of net actuarial loss (gain)61 176 (38)(29)
Net periodic benefit (income) cost$(92)$42 $ $12 
 Six Months Ended June 30,
 2025202420252024
(Dollars in thousands)Retirement PlansOther Post Retirement
Benefits
Service cost$274 $283 $22 $28 
Interest cost1,208 1,192 54 54 
Expected loss on plan assets(1,790)(1,740) — 
Amortization of net actuarial loss (gain)124 351 (49)(57)
Net periodic benefit (income) cost$(184)$86 $27 $25 
v3.25.2
Stock-Based Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Status of Options Granted Under Long-Term Incentive Plan
The following is a summary of the Corporation's stock option activity and related information for the six months ended June 30, 2025:
(Dollars in thousands, except per share data)Shares Under OptionWeighted Average Exercise Price Per ShareWeighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value at June 30, 2025
Outstanding at December 31, 2024127,782 $27.72 
Exercised(13,000)24.84 
Outstanding at June 30, 2025114,782 $28.05 2.1$229 
Exercisable at June 30, 2025114,782 $28.05 2.1$229 
Summary of Nonvested Restricted Stock Units
The following is a summary of nonvested restricted stock units at June 30, 2025 including changes during the six months then ended:
(Dollars in thousands, except per share data) Nonvested Stock Units Weighted Average Grant Date Fair Value
Nonvested stock units at December 31, 2024501,679 $22.67 
Granted196,666 28.44 
Added by performance factor2,761 28.21 
Vested(164,280)25.33 
Forfeited(5,451)16.23 
Nonvested stock units at June 30, 2025531,375 $24.02 
Certain Information Regarding Restricted Stock Units
Certain information regarding restricted stock units is summarized below for the periods indicated:
Six Months Ended June 30,
(Dollars in thousands, except per share data)20252024
Restricted stock units granted196,666 273,030 
Weighted average grant date fair value$28.44 $19.70 
Intrinsic value of units granted$5,592 $5,378 
Restricted stock units vested164,280 151,041 
Weighted average grant date fair value$25.33 $27.66 
Intrinsic value of units vested$4,670 $2,983 
Schedule of Unrecognized Compensation Cost, Nonvested Restricted Stock Units
The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested restricted stock units at June 30, 2025 is presented below:
(Dollars in thousands)Unrecognized Compensation CostWeighted-Average Period Remaining (Years)
Restricted stock units$8,807 2.1
Compensation Expense Related to Stock Incentive Plans Recognized
The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:
Six Months Ended June 30,
(Dollars in thousands)20252024
Stock-based compensation expense:
Restricted stock units$2,252 $2,231 
Employee stock purchase plan45 49 
Total$2,297 $2,280 
Tax benefit on nonqualified stock option expense and disqualifying dispositions of incentive stock options$275 $658 
v3.25.2
Accumulated Other Comprehensive (Loss) Income (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes
The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:
(Dollars in thousands)Net Unrealized
Losses on
Available-for-Sale
Investment
Securities
Net Change
Related to
Derivatives Used for Cash Flow Hedges
Net Change
Related to
Defined Benefit
Pension Plans
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2024$(35,117)$(2,422)$(6,453)$(43,992)
Other comprehensive income8,068  59 8,127 
Reclassification adjustment recorded in earnings (1) 896  896 
Balance, June 30, 2025$(27,049)$(1,526)$(6,394)$(34,969)
Balance, December 31, 2023$(34,321)$(4,566)$(11,759)$(50,646)
Other comprehensive (loss) income(2,205)(1,505)232 (3,478)
Balance, June 30, 2024$(36,526)$(6,071)$(11,527)$(54,124)
v3.25.2
Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional Amounts and Fair Value of Derivatives Not Designated as Hedging Instruments
The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the condensed consolidated balance sheets at June 30, 2025 and December 31, 2024:
  Derivative AssetsDerivative Liabilities
(Dollars in thousands)Notional
Amount
Balance Sheet
Classification
Fair
Value
Balance Sheet
Classification
Fair
Value
At June 30, 2025
Credit derivatives$839,335  $ Other liabilities$79 
Interest rate locks with customers31,973 Other assets359   
Forward loan sale commitments49,747   Other liabilities51 
Total$921,055 $359 $130 
At December 31, 2024
Credit derivatives$860,423 $— Other liabilities$67 
Interest rate locks with customers23,291 Other assets214  — 
Forward loan sale commitments39,944 Other assets12  — 
Total$923,658 $226 $67 
Income for Derivatives Designated as Hedging Instruments
The following table presents amounts included in the condensed consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:
Statement of Income
Classification
Three Months EndedSix Months Ended
June 30,June 30,
(Dollars in thousands)2025202420252024
Interest rate swap—cash flow hedge—net interest paymentsInterest expense$ $1,586 $ $3,172 
Reclassification adjustment included in earnings (1)Interest income(569)— (1,134)— 
Total net loss$(569)$(1,586)$(1,134)$(3,172)
Income for Derivatives Not Designated as Hedging Instruments
The following table presents amounts included in the condensed consolidated statements of income for derivatives not designated as hedging instruments for the periods indicated:
Statement of Income ClassificationThree Months EndedSix Months Ended
June 30,June 30,
(Dollars in thousands)2025202420252024
Credit derivativesOther noninterest income$135 $111 $152 $338 
Interest rate locks with customersNet (loss) gain on mortgage banking activities(62)236 146 30 
Forward loan sale commitmentsNet gain (loss) on mortgage banking activities90 (92)(63)289 
Total net gain$163 $255 $235 $657 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments at June 30, 2025 and December 31, 2024:
(Dollars in thousands)Accumulated Other
Comprehensive (Loss) Income
At June 30, 2025At December 31, 2024
Interest rate swap—cash flow hedge (1)Fair value, net of taxes$(1,526)$(2,422)
Total$(1,526)$(2,422)
(1) The interest rate swap was terminated on August 2, 2024. This after-tax amount will be reclassified to earnings as a reduction to interest income over the remaining 10 months of the original swap.
v3.25.2
Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents the assets and liabilities measured at fair value on a recurring basis at June 30, 2025 and December 31, 2024, classified using the fair value hierarchy:
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
Residential mortgage-backed securities$ $291,158 $ $291,158 
Collateralized mortgage obligations 1,541  1,541 
Corporate bonds 73,722  73,722 
Total available-for-sale securities 366,421  366,421 
Equity securities:
Money market mutual funds1,801   1,801 
Total equity securities1,801   1,801 
Loans held for sale 17,774  17,774 
Interest rate locks with customers* 359  359 
Total assets$1,801 $384,554 $ $386,355 
Liabilities:
Credit derivatives*$ $ $79 $79 
Forward loan sale commitments* 51  51 
Total liabilities$ $51 $79 $130 
* Such financial instruments are recorded at fair value as further described in Note 11, "Derivative Instruments and Hedging Activities."
 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
State and political subdivisions$— $1,295 $— $1,295 
Residential mortgage-backed securities— 283,381 — 283,381 
Collateralized mortgage obligations— 1,685 — 1,685 
Corporate bonds— 71,000 — 71,000 
Total available-for-sale securities— 357,361 — 357,361 
Equity securities:
Money market mutual funds2,506 — — 2,506 
Total equity securities2,506 — — 2,506 
Loans held for sale— 16,653 — 16,653 
Interest rate locks with customers*— 214 — 214 
Forward loan sale commitments*— 12 — 12 
Total assets$2,506 $374,240 $— $376,746 
Liabilities:
Contingent consideration liability$— $— $635 $635 
Credit derivatives*— — 67 67 
Total liabilities$— $— $702 $702 
* Such financial instruments are recorded at fair value as further described in Note 11, "Derivative Instruments and Hedging Activities."
Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Level 3 Rollforward
The following table includes a roll forward of credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the six months ended June 30, 2025 and 2024:
 Six Months Ended June 30, 2025
(Dollars in thousands)Balance at
December 31,
2024
AdditionsIncrease in valueBalance at June 30, 2025
Credit derivatives$(67)$(164)$152 $(79)
Net total $(67)$(164)$152 $(79)
 Six Months Ended June 30, 2024
(Dollars in thousands)Balance at
December 31,
2023
AdditionsIncrease in valueBalance at June 30, 2024
Credit derivatives$(186)$(268)$338 $(116)
Net total$(186)$(268)$338 $(116)
Contingent Consideration Liability Change In Amount
The following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the six months ended June 30, 2025 and 2024:
 Six Months Ended June 30, 2025
(Dollars in thousands)Balance at
December 31,
2024
Payment of
Contingent
Consideration
Adjustment
of Contingent
Consideration
Balance at June 30, 2025
Paul I. Sheaffer Insurance Agency$635 $635 $ $ 
Total contingent consideration liability$635 $635 $ $ 
 Six Months Ended June 30, 2024
(Dollars in thousands)Balance at
December 31,
2023
Payment of
Contingent
Consideration
Adjustment
of Contingent
Consideration
Balance at June 30, 2024
Paul I. Sheaffer Insurance Agency$1,224 $635 $25 $614 
Total contingent consideration liability$1,224 $635 $25 $614 
Assets Measured at Fair Value on Non-Recurring Basis The following table represents assets measured at fair value on a non-recurring basis at June 30, 2025 and December 31, 2024:
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Individually analyzed loans held for investment$ $ $24,660 $24,660 
Other real estate owned  22,471 22,471 
Repossessed assets   80 80 
Total$ $ $47,211 $47,211 
 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Individually analyzed loans held for investment$— $— $10,111 $10,111 
Other real estate owned  20,141 20,141 
Repossessed assets— — 76 76 
Total$— $— $30,328 $30,328 
Assets, Liabilities and Off-Balance Sheet Items Not Measured at Fair Value
The following table presents assets and liabilities not measured at fair value on a recurring or non-recurring basis in the Corporation’s condensed consolidated balance sheets but for which the fair value is required to be disclosed at June 30, 2025 and December 31, 2024. The disclosed fair values are classified using the fair value hierarchy.
 At June 30, 2025
(Dollars in thousands)Level 1Level 2Level 3Fair
Value
Carrying
Amount
Assets:
Cash and short-term interest-earning assets$160,365 $ $ $160,365 $160,365 
Held-to-maturity securities 113,166  113,166 128,455 
Federal Home Loan Bank, Federal Reserve Bank and other stockNANANANA36,482 
Net loans and leases held for investment  6,627,734 6,627,734 6,689,536 
Servicing rights  11,424 11,424 6,909 
Total assets$160,365 $113,166 $6,639,158 $6,912,689 $7,021,747 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$5,081,701 $ $ $5,081,701 $5,081,701 
Time deposits 1,502,566  1,502,566 1,500,959 
Total deposits5,081,701 1,502,566  6,584,267 6,582,660 
Short-term borrowings6,271   6,271 6,271 
Long-term debt 201,508  201,508 200,000 
Subordinated notes 150,000  150,000 149,511 
Total liabilities$5,087,972 $1,854,074 $ $6,942,046 $6,938,442 
 At December 31, 2024
(Dollars in thousands)Level 1Level 2Level 3Fair
Value
Carrying
Amount
Assets:
Cash and short-term interest-earning assets$328,844 $— $— $328,844 $328,844 
Held-to-maturity securities— 115,007 — 115,007 134,111 
Federal Home Loan Bank, Federal Reserve Bank and other stockNANANANA38,980 
Net loans and leases held for investment— — 6,586,054 6,586,054 6,729,381 
Servicing rights— — 12,710 12,710 6,990 
Total assets$328,844 $115,007 $6,598,764 $7,042,615 $7,238,306 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$5,305,553 $— $— $5,305,553 $5,305,553 
Time deposits— 1,458,774 — 1,458,774 1,453,706 
Total deposits5,305,553 1,458,774 — 6,764,327 6,759,259 
Short-term borrowings11,181 — — 11,181 11,181 
Long-term debt— 225,475 — 225,475 225,000 
Subordinated notes— 147,500 — 147,500 149,261 
Total liabilities$5,316,734 $1,831,749 $— $7,148,483 $7,144,701 
v3.25.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following tables provide reportable segment-specific information, as well as the Other Segment, and reconciliations to the condensed consolidated financial information for the three and six months ended June 30, 2025 and 2024.
Three Months Ended
June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$105,691 $15 $ $ $105,706 
Interest expense43,883   2,282 46,165 
Net interest income (expense)61,808 15  (2,282)59,541 
Noninterest income8,524 7,667 5,270 40 21,501 
Total revenue70,332 7,682 5,270 (2,242)81,042 
Provision for credit losses5,694    5,694 
Less: (1)
Salaries, benefits and commissions18,379 4,502 3,587 5,068 31,536 
Net occupancy2,182 128 154 275 2,739 
Equipment889 10 27 117 1,043 
Data processing2,585 374 144 1,305 4,408 
Professional fees600 187 15 795 1,597 
Marketing and advertising335 30 10 123 498 
Deposit insurance premiums1,074    1,074 
Intangible expense49  82  131 
Other segment items (2)
5,717 544 170 875 7,306 
Intersegment expense (revenue) (3)
6,211 131 117 (6,459) 
Income (loss) before income taxes$26,617 $1,776 $964 $(4,341)$25,016 
Income tax expense (benefit)5,368 358 213 (901)5,038 
Net income (loss)$21,249 $1,418 $751 $(3,440)$19,978 
Net capital expenditures$860 $2 $24 $236 $1,122 
Three Months Ended
June 30, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$99,804 $19 $— $$99,832 
Interest expense46,523 — — 2,282 48,805 
Net interest income (expense)53,281 19 — (2,273)51,027 
Noninterest income9,014 6,752 5,186 28 20,980 
Total revenue62,295 6,771 5,186 (2,245)72,007 
Provision for credit losses707 — — — 707 
Less: (1)
Salaries, benefits and commissions17,967 4,547 3,369 4,304 30,187 
Net occupancy2,253 79 157 190 2,679 
Equipment986 11 23 68 1,088 
Data processing3,109 376 133 543 4,161 
Professional fees837 111 509 1,466 
Marketing and advertising320 74 316 715 
Deposit insurance premiums1,098 — — — 1,098 
Intangible expense79 — 109 — 188 
Other segment items (2)
5,138 694 183 1,111 7,126 
Intersegment expense (revenue) (3)
5,715 52 123 (5,890)— 
Income (loss) before income taxes$24,086 $827 $1,075 $(3,396)$22,592 
Income tax expense (benefit)4,734 298 236 (783)4,485 
Net income (loss)$19,352 $529 $839 $(2,613)$18,107 
Net capital expenditures$685 $$58 $59 $807 

Six Months Ended
June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$209,091 $31 $ $ $209,122 
Interest expense88,237   4,563 92,800 
Net interest income (expense)120,854 31  (4,563)116,322 
Noninterest income16,165 15,500 12,176 75 43,916 
Total revenue137,019 15,531 12,176 (4,488)160,238 
Provision for credit losses8,005    8,005 
Less: (1)
Salaries, benefits and commissions36,828 8,858 7,263 9,413 62,362 
Net occupancy4,470 250 333 539 5,592 
Equipment1,876 20 52 217 2,165 
Data processing5,157 727 288 2,600 8,772 
Professional fees1,176 510 29 1,679 3,394 
Marketing and advertising494 58 22 277 851 
Deposit insurance premiums2,225    2,225 
Intangible expense96  165  261 
Other segment items (2)10,906 1,074 386 1,672 14,038 
Intersegment expense (revenue) (3)13,085 259 234 (13,578) 
Income (loss) before income taxes$52,701 $3,775 $3,404 $(7,307)$52,573 
Income tax expense (benefit)10,444 764 756 (1,764)10,200 
Net income (loss)$42,257 $3,011 $2,648 $(5,543)$42,373 
Net capital expenditures$2,350 $9 $30 $598 $2,987 
Six Months Ended
June 30, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Interest income$198,386 $37 $— $18 $198,441 
Interest expense91,384 — — 4,563 95,947 
Net interest income (expense)107,002 37 — (4,545)102,494 
Noninterest income19,973 14,105 12,474 23 46,575 
Total revenue126,975 14,142 12,474 (4,522)149,069 
Provision for credit losses2,139 — — — 2,139 
Less: (1)
Salaries, benefits and commissions37,132 8,689 6,821 8,883 61,525 
Net occupancy4,742 159 318 332 5,551 
Equipment2,006 20 46 127 2,199 
Data processing6,580 729 259 1,088 8,656 
Professional fees1,527 270 32 1,325 3,154 
Marketing and advertising433 106 16 576 1,131 
Deposit insurance premiums2,233 — — — 2,233 
Intangible expense157 — 218 — 375 
Other segment items (2)10,218 1,309 330 2,101 13,958 
Intersegment expense (revenue) (3)11,164 104 247 (11,515)— 
Income (loss) before income taxes$48,644 $2,756 $4,187 $(7,439)$48,148 
Income tax expense (benefit)9,692 711 925 (1,592)9,736 
Net income (loss)$38,952 $2,045 $3,262 $(5,847)$38,412 
Net capital expenditures$(778)$11 $67 $107 $(593)
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
(2) Other segment items for each reportable segment includes:
Banking - loan and lease financing related fees, deposit and card service fees, and certain overhead expenses.
Wealth Management - referral fees, clearing broker fees, and certain overhead expenses.
Insurance - certain overhead expenses.
Other - Board of Director fees, retirement costs, and certain overhead expenses.
(3) Includes an allocation of general and administrative expenses from both the parent holding company and the Bank.
Schedule of Significant Components of Segment Net Assets The following tables show significant components of segment net assets as of June 30, 2025 and December 31, 2024.
At June 30, 2025
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Other segment disclosures:
Cash and cash equivalents$74,289 $51,968 $34,108 $ $160,365 
Loans and leases, including loans held for sale, net of allowance for credit losses6,731,970    6,731,970 
Goodwill138,476 15,434 21,600  175,510 
Other segment assets841,531 2,606 2,844 24,230 871,211 
Total segment assets$7,786,266 $70,008 $58,552 $24,230 $7,939,056 
At December 31, 2024
(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidated
Other segment disclosures:
Cash and cash equivalents$247,023 $50,149 $31,672 $— $328,844 
Loans and leases, including loans held for sale, net of allowance for credit losses6,756,145 — — — 6,756,145 
Goodwill138,476 15,434 21,600 — 175,510 
Other segment assets839,359 3,485 2,828 22,246 867,918 
Total segment assets$7,981,003 $69,068 $56,100 $22,246 $8,128,417 
v3.25.2
Earnings per Share - Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Earnings Per Share [Abstract]        
Net income $ 19,978 $ 18,107 $ 42,373 $ 38,412
Denominator for basic earnings per share - weighted average shares outstanding 28,859 29,247 28,929 29,330
Effect of dilutive securities—stock options and restricted stock units 188 106 226 123
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding 29,047 29,353 29,155 29,453
Basic earnings per share $ 0.69 $ 0.62 $ 1.46 $ 1.31
Diluted earnings per share $ 0.69 $ 0.62 $ 1.45 $ 1.30
Average antidilutive options and restricted stock units excluded from computation of diluted earnings per share 112 334 114 255
v3.25.2
Investment Securities - Narrative (Detail)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
position
Investment
Jun. 30, 2025
USD ($)
position
Investment
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Investment
Dec. 31, 2023
USD ($)
Debt Securities, Available-for-sale [Line Items]          
Carrying value of securities pledged to secure public deposits and other contractual obligations $ 424,600 $ 424,600   $ 424,800  
Pledging requirements for credit derivatives and SWAP agreements - securities     $ 0 $ 0  
Number of investments in non federal issuer representing more than 10% of shareholder's equity | Investment 0 0   0  
Maximum investment in any single non-federal issuer representing shareholders equity 10.00% 10.00%   10.00%  
Fair value HTM in unrealized loss with no ACL $ 111,929 $ 111,929   $ 115,007  
Unrealized loss included in fair value of securities HTM in unrealized loss position for which an ACL has not been recorded 15,289 15,289   19,104  
Fair value AFS in unrealized loss with no ACL 286,476 286,476   271,800  
Unrealized loss included in fair value of securities AFS in unrealized loss position for which an ACL has not been recorded 34,882 34,882   39,575  
Fair value of securities AFS in unrealized loss position for which an ACL has been recorded, net of allowance 10,300 10,300      
Unrealized loss position included in fair value of securities AFS in unrealized loss position for which an ACL has been recorded 209 209      
Allowance for credit losses $ 17 $ 17   839  
U.S. Government Corporations and Agencies [Member]          
Debt Securities, Available-for-sale [Line Items]          
Held-to-maturity, securities in unrealized loss positions, qualitative disclosure, number of positions | position 90 90      
Debt securities, available-for-sale, unrealized loss position, number of positions | position 106 106      
Collateralized mortgage obligations          
Debt Securities, Available-for-sale [Line Items]          
Fair value AFS in unrealized loss with no ACL $ 1,542 $ 1,542   1,685  
Unrealized loss included in fair value of securities AFS in unrealized loss position for which an ACL has not been recorded $ 99 $ 99   133  
Debt securities, available-for-sale, unrealized loss position, number of positions | position 2 2      
Allowance for credit losses $ 0 $ 0   0  
Corporate bonds          
Debt Securities, Available-for-sale [Line Items]          
Fair value AFS in unrealized loss with no ACL 57,973 57,973      
Unrealized loss included in fair value of securities AFS in unrealized loss position for which an ACL has not been recorded $ 3,940 $ 3,940      
Debt securities, available-for-sale, unrealized loss position, number of positions | position 10 10      
Allowance for credit losses $ 17 $ 17 781 $ 839 $ 731
Number of securities | Investment 19 19      
Allowance for credit losses, reversed $ 719 $ 822 (49)    
Available-for-sale Securities          
Debt Securities, Available-for-sale [Line Items]          
Accrued interest receivable 1,200 1,200      
Allowance for credit losses $ 17 $ 17      
Equity Securities | Other noninterest income          
Debt Securities, Available-for-sale [Line Items]          
Marketable Security, Realized Gain (Loss)     $ 42    
v3.25.2
Investment Securities - Held-to-Maturity and Available-for-Sale, Scheduled Maturities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]        
Securities, Held-to-Maturity, Amortized Cost $ 128,455 $ 134,111    
Securities Held-to-Maturity, Gross Unrealized Gains 0 0    
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss (15,289) (19,104)    
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Excluding Accrued Interest 0 0    
Debt Securities, Held-to-Maturity, Excluding Accrued Interest, after Allowance for Credit Loss 113,166 115,007    
Debt Securities, Available-for-sale [Abstract]        
Investment securities available-for-sale, amortized cost 400,676 402,651    
Securities Available-for-Sale, Gross Unrealized Gain 834 140    
Securities Available-for-Sale, Gross Unrealized Losses (35,072) (44,591)    
Allowance for credit losses 17 839    
Debt securities 366,421 357,361    
Residential mortgage-backed securities        
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]        
Securities Held-to-Maturity, Amortized Cost, After 1 Year to 5 Years 796 1,114    
Securities Held-to-Maturity, Gross Unrealized Gains, After 1 Year to 5 Years 0 0    
Securities Held-to-Maturity, Gross Unrealized Losses, After 1 Year to 5 Years (13) (24)    
Securities Held-to-Maturity, Allowance for Credit Loss, After 1 Year to 5 Years 0 0    
Securities Held-to-Maturity, Fair Value, After 1 Year to 5 Years 783 1,090    
Securities Held-to-Maturity, Amortized Cost, After 5 Years to 10 Years 11,990 10,208    
Securities Held-to-Maturity, Gross Unrealized Gains, After 5 Years to 10 Years 0 0    
Securities Held-to-Maturity, Gross Unrealized Losses, After 5 Years to 10 Years (350) (450)    
Securities, Held-to-Maturity, Allowance for Credit Loss, After 5 Years To 10 Years 0 0    
Securities Held-to-Maturity, Fair Value, After 5 Years to 10 Years 11,640 9,758    
Securities Held-to-Maturity, Amortized Cost, Over 10 Years 115,669 122,789    
Securities Held-to-Maturity, Gross Unrealized Gain, Over 10 Years 0 0    
Securities Held-to-Maturity, Gross Unrealized Losses, Over 10 Years (14,926) (18,630)    
Securities Held-to-maturity, Allowance for Credit Loss, Over 10 Years 0 0    
Securities Held-to-Maturity, Fair Value, After 10 years 100,743 104,159    
Securities, Held-to-Maturity, Amortized Cost 128,455 134,111    
Securities Held-to-Maturity, Gross Unrealized Gains 0 0    
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss (15,289) (19,104)    
Debt Securities, Held-to-Maturity, Allowance for Credit Loss, Excluding Accrued Interest 0 0    
Debt Securities, Held-to-Maturity, Excluding Accrued Interest, after Allowance for Credit Loss 113,166 115,007    
Debt Securities, Available-for-sale [Abstract]        
Securities Available-for-Sale, Amortized Cost, Within 1 Year 6 20    
Securities Available-for-Sale,Gross Unrealized Gain, Within 1 Year 0 0    
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 Year 0 0    
Securities Available-for-Sale, Allowance for Credit Loss, Within 1 Year 0 0    
Securities Available-for-Sale, Fair Value, Within 1 Year 6 20    
Securities Available-for-Sale, Amortized Cost, After 1 Year to 5 Years 206 298    
Securities Available-for-Sale,Gross Unrealized Gain, After 1 Year to 5 Years 0 0    
Securities Available-for-Sale, Gross Unrealized Losses, After 1 Year to 5 Years (3) (6)    
Securities Available-for-sale, Allowance for Credit Loss, After 1 Year to 5 Years 0 0    
Securities Available-for-Sale, Fair Value, After 1 Year to 5 Years 203 292    
Securities Available-for-Sale, Amortized Cost, After 5 Years to 10 Years 10,121 11,260    
Securities Available-for-Sale,Gross Unrealized Gain, After 5 Years to 10 Years 0 0    
Securities Available-for-Sale, Gross Unrealized Losses, After 5 Years to 10 Years (513) (791)    
Securities Available-for-Sale, Allowance for Credit Loss, After 5 Years to 10 Years 0 0    
Securities Available-for-Sale, Fair Value, After 5 Years to 10 Years 9,608 10,469    
Securities Available-for-Sale, Amortized Cost, Over 10 Years 310,920 311,126    
Securities Available-for-Sale,Gross Unrealized Gain, Over 10 Years 748 119    
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 Years (30,327) (38,645)    
Securities Available-for-Sale, Allowance for Credit Loss, After 10 Years 0 0    
Securities Available-for-Sale, Fair Value, Over 10 Years 281,341 272,600    
Investment securities available-for-sale, amortized cost 321,253 322,704    
Securities Available-for-Sale, Gross Unrealized Gain 748 119    
Securities Available-for-Sale, Gross Unrealized Losses (30,843) (39,442)    
Allowance for credit losses 0 0    
Debt securities 291,158 283,381    
State and political subdivisions        
Debt Securities, Available-for-sale [Abstract]        
Securities Available-for-Sale, Amortized Cost, Within 1 Year   1,300    
Securities Available-for-Sale,Gross Unrealized Gain, Within 1 Year   0    
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 Year   (5)    
Securities Available-for-Sale, Allowance for Credit Loss, Within 1 Year   0    
Securities Available-for-Sale, Fair Value, Within 1 Year   1,295    
Investment securities available-for-sale, amortized cost   1,300    
Securities Available-for-Sale, Gross Unrealized Gain   0    
Securities Available-for-Sale, Gross Unrealized Losses   (5)    
Allowance for credit losses   0    
Debt securities   1,295    
Collateralized mortgage obligations        
Debt Securities, Available-for-sale [Abstract]        
Securities Available-for-Sale, Amortized Cost, After 1 Year to 5 Years 112 155    
Securities Available-for-Sale,Gross Unrealized Gain, After 1 Year to 5 Years 0 0    
Securities Available-for-Sale, Gross Unrealized Losses, After 1 Year to 5 Years (2) (4)    
Securities Available-for-sale, Allowance for Credit Loss, After 1 Year to 5 Years 0 0    
Securities Available-for-Sale, Fair Value, After 1 Year to 5 Years 110 151    
Securities Available-for-Sale, Amortized Cost, Over 10 Years 1,528 1,663    
Securities Available-for-Sale,Gross Unrealized Gain, Over 10 Years 0 0    
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 Years (97) (129)    
Securities Available-for-Sale, Allowance for Credit Loss, After 10 Years 0 0    
Securities Available-for-Sale, Fair Value, Over 10 Years 1,431 1,534    
Investment securities available-for-sale, amortized cost 1,640 1,818    
Securities Available-for-Sale, Gross Unrealized Gain 0 0    
Securities Available-for-Sale, Gross Unrealized Losses (99) (133)    
Allowance for credit losses 0 0    
Debt securities 1,541 1,685    
Corporate bonds        
Debt Securities, Available-for-sale [Abstract]        
Securities Available-for-Sale, Amortized Cost, Within 1 Year 8,889 5,905    
Securities Available-for-Sale,Gross Unrealized Gain, Within 1 Year 5 5    
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 Year (94) (58)    
Securities Available-for-Sale, Allowance for Credit Loss, Within 1 Year (6) (6)    
Securities Available-for-Sale, Fair Value, Within 1 Year 8,794 5,846    
Securities Available-for-Sale, Amortized Cost, After 1 Year to 5 Years 48,394 10,924    
Securities Available-for-Sale,Gross Unrealized Gain, After 1 Year to 5 Years 66 16    
Securities Available-for-Sale, Gross Unrealized Losses, After 1 Year to 5 Years (2,613) (303)    
Securities Available-for-sale, Allowance for Credit Loss, After 1 Year to 5 Years (11) (31)    
Securities Available-for-Sale, Fair Value, After 1 Year to 5 Years 45,836 10,606    
Securities Available-for-Sale, Amortized Cost, After 5 Years to 10 Years 20,500 60,000    
Securities Available-for-Sale,Gross Unrealized Gain, After 5 Years to 10 Years 15 0    
Securities Available-for-Sale, Gross Unrealized Losses, After 5 Years to 10 Years (1,423) (4,650)    
Securities Available-for-Sale, Allowance for Credit Loss, After 5 Years to 10 Years 0 (802)    
Securities Available-for-Sale, Fair Value, After 5 Years to 10 Years 19,092 54,548    
Investment securities available-for-sale, amortized cost 77,783 76,829    
Securities Available-for-Sale, Gross Unrealized Gain 86 21    
Securities Available-for-Sale, Gross Unrealized Losses (4,130) (5,011)    
Allowance for credit losses 17 839 $ 781 $ 731
Debt securities $ 73,722 $ 71,000    
v3.25.2
Investment Securities - Amount of Securities in Unrealized Loss Position (Detail) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Less than twelve months, fair value $ 2,573 $ 2,566
Debt securities, held-to-maturity, continuous unrealized loss position, less than 12 months, accumulated loss (17) (50)
Twelve months or longer, fair value 109,356 112,441
Debt securities, held-to-maturity, continuous unrealized loss position, 12 months or longer, accumulated loss (15,272) (19,054)
Total, fair value 111,929 115,007
Debt securities, held-to-maturity, unrealized loss position, accumulated loss (15,289) (19,104)
Debt Securities, Available-for-sale, Unrealized Gain (Loss) [Abstract]    
Less than twelve months, fair value 26,758 65,044
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss (153) (905)
Twelve months or longer, fair value 259,718 206,756
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss (34,729) (38,670)
Total, fair value 286,476 271,800
Available-for-sale securities, continuous unrealized loss position, accumulated loss (34,882) (39,575)
Residential mortgage-backed securities    
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Less than twelve months, fair value 2,573 2,566
Debt securities, held-to-maturity, continuous unrealized loss position, less than 12 months, accumulated loss (17) (50)
Twelve months or longer, fair value 109,356 112,441
Debt securities, held-to-maturity, continuous unrealized loss position, 12 months or longer, accumulated loss (15,272) (19,054)
Total, fair value 111,929 115,007
Debt securities, held-to-maturity, unrealized loss position, accumulated loss (15,289) (19,104)
Debt Securities, Available-for-sale, Unrealized Gain (Loss) [Abstract]    
Less than twelve months, fair value 25,762 65,044
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss (151) (905)
Twelve months or longer, fair value 201,199 205,071
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss (30,692) (38,537)
Total, fair value 226,961 270,115
Available-for-sale securities, continuous unrealized loss position, accumulated loss (30,843) (39,442)
Collateralized mortgage obligations    
Debt Securities, Available-for-sale, Unrealized Gain (Loss) [Abstract]    
Less than twelve months, fair value 0 0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss 0 0
Twelve months or longer, fair value 1,542 1,685
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss (99) (133)
Total, fair value 1,542 1,685
Available-for-sale securities, continuous unrealized loss position, accumulated loss (99) $ (133)
Corporate bonds    
Debt Securities, Available-for-sale, Unrealized Gain (Loss) [Abstract]    
Less than twelve months, fair value 996  
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss (2)  
Twelve months or longer, fair value 56,977  
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss (3,938)  
Total, fair value 57,973  
Available-for-sale securities, continuous unrealized loss position, accumulated loss $ (3,940)  
v3.25.2
Investment Securities - Allowance for Credit Loss Rollforward (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Jun. 30, 2024
Debt Securities, Available-for-sale [Line Items]      
Securities, available-for-sale, allowance for credit loss, beginning balance   $ (839)  
Securities, available-for-sale, allowance for credit loss, ending balance $ (17) (17)  
Corporate bonds      
Debt Securities, Available-for-sale [Line Items]      
Securities, available-for-sale, allowance for credit loss, beginning balance   (839) $ (731)
Change in securities for which a previous expected credit loss was recognized 719 822 (49)
Additions for securities for which no previous expected credit losses were recognized     1
Securities, available-for-sale, allowance for credit loss, ending balance $ (17) $ (17) $ (781)
v3.25.2
Loans and Leases - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]          
Financing Receivable, Allowance for Credit Loss, Writeoff $ 8,158 $ 1,169 $ 10,189 $ 2,771  
Loans and leases held for investment 6,801,185 6,684,837 6,801,185 6,684,837 $ 6,826,583
Accrued interest receivable excluded from amortized cost on modified loans 54 73 99 95  
Modified Loans          
Financing Receivable, Credit Quality Indicator [Line Items]          
Commitment to extend credit to borrowers experiencing financial difficulties whose terms have been modified 1,200 $ 971 1,200 $ 971  
Doubtful          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loans and leases held for investment 0   0    
Minimum          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amount of loan relationship balance, loans reviewed annually 1,000   1,000    
Maximum          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amount of loan relationship balance, loans reviewed on a performance basis 1,000   1,000    
Commercial Borrower          
Financing Receivable, Credit Quality Indicator [Line Items]          
Addition To NonAccrual 23,700        
Financing Receivable, Allowance for Credit Loss, Writeoff 7,300        
Loans and leases held for investment $ 16,400   $ 16,400    
v3.25.2
Loans and Leases - Summary of Major Loan and Lease Categories (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment $ 6,801,185 $ 6,826,583 $ 6,684,837
Less: Allowance for credit losses, loans and leases (86,989) (87,091)  
Net loans and leases held for investment 6,714,196 6,739,492  
Imputed interest on lease financings, included in the above table (29,947) (31,927)  
Net deferred costs, included in the above table 6,646 6,992  
Overdraft deposits included in the above table 170 104  
Commercial, financial and agricultural      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 1,052,246 1,037,835 1,055,332
Real estate-commercial      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 3,485,615 3,530,451 3,373,889
Real estate-construction      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 302,424 274,483 313,229
Real estate-residential secured for business purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 535,210 536,095 532,628
Real estate-residential secured for personal purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 984,166 994,972 952,665
Real estate-home equity secured for personal purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 195,014 186,836 179,150
Loans to individuals      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment 14,069 21,250 26,430
Lease financings      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Loans and leases held for investment $ 232,441 $ 244,661 $ 251,514
v3.25.2
Loans and Leases - Age Analysis of Past Due Loans and Leases (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases $ 6,773,276 $ 6,813,916  
Nonaccrual Loans and Leases 27,909 12,667  
Total Loans and Leases Held for Investment 6,801,185 6,826,583 $ 6,684,837
30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 22,745 12,217  
60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 4,114 4,512  
90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 125 321  
Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 26,984 17,050  
Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 6,746,292 6,796,866  
Commercial, financial and agricultural      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 1,045,342 1,034,040  
Nonaccrual Loans and Leases 6,904 3,795  
Total Loans and Leases Held for Investment 1,052,246 1,037,835 1,055,332
Commercial, financial and agricultural | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 8,270 1,750  
Commercial, financial and agricultural | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 2,188 723  
Commercial, financial and agricultural | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Commercial, financial and agricultural | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 10,458 2,473  
Commercial, financial and agricultural | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 1,034,884 1,031,567  
Real estate-commercial      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 3,469,954 3,527,772  
Nonaccrual Loans and Leases 15,661 2,679  
Total Loans and Leases Held for Investment 3,485,615 3,530,451 3,373,889
Real estate-commercial | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,129 415  
Real estate-commercial | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 202 2,919  
Real estate-commercial | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-commercial | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,331 3,334  
Real estate-commercial | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,466,623 3,524,438  
Real estate-construction      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 302,424 274,483  
Nonaccrual Loans and Leases 0 0  
Total Loans and Leases Held for Investment 302,424 274,483 313,229
Real estate-construction | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 635 3,659  
Real estate-construction | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-construction | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-construction | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 635 3,659  
Real estate-construction | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 301,789 270,824  
Real estate-residential secured for business purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 532,861 535,509  
Nonaccrual Loans and Leases 2,349 586  
Total Loans and Leases Held for Investment 535,210 536,095 532,628
Real estate-residential secured for business purpose | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 2,871 1,077  
Real estate-residential secured for business purpose | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 361 0  
Real estate-residential secured for business purpose | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-residential secured for business purpose | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,232 1,077  
Real estate-residential secured for business purpose | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 529,629 534,432  
Real estate-residential secured for personal purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 982,982 991,167  
Nonaccrual Loans and Leases 1,184 3,805  
Total Loans and Leases Held for Investment 984,166 994,972 952,665
Real estate-residential secured for personal purpose | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,900 3,040  
Real estate-residential secured for personal purpose | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 157 0  
Real estate-residential secured for personal purpose | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-residential secured for personal purpose | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 4,057 3,040  
Real estate-residential secured for personal purpose | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 978,925 988,127  
Real estate-home equity secured for personal purpose      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 193,760 185,645  
Nonaccrual Loans and Leases 1,254 1,191  
Total Loans and Leases Held for Investment 195,014 186,836 179,150
Real estate-home equity secured for personal purpose | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 1,154 1,063  
Real estate-home equity secured for personal purpose | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 576 309  
Real estate-home equity secured for personal purpose | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 0 0  
Real estate-home equity secured for personal purpose | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 1,730 1,372  
Real estate-home equity secured for personal purpose | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 192,030 184,273  
Loans to individuals      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 14,069 21,250  
Nonaccrual Loans and Leases 0 0  
Total Loans and Leases Held for Investment 14,069 21,250 26,430
Loans to individuals | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 167 187  
Loans to individuals | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 144 59  
Loans to individuals | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 16 24  
Loans to individuals | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 327 270  
Loans to individuals | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 13,742 20,980  
Lease financings      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Accruing Loans and Leases 231,884 244,050  
Nonaccrual Loans and Leases 557 611  
Total Loans and Leases Held for Investment 232,441 244,661 $ 251,514
Lease financings | 30-59 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 2,619 1,026  
Lease financings | 60-89 Days Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 486 502  
Lease financings | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 109 297  
Lease financings | Total Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment 3,214 1,825  
Lease financings | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total Loans and Leases Held for Investment $ 228,670 $ 242,225  
v3.25.2
Loans and Leases - Nonperforming Loans and Leases (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases $ 27,909 $ 12,667
Loans and Leases 90 Days or more Past Due and Accruing Interest 125 321
Total Nonperforming Loans and Leases 28,034 12,988
Commercial, financial and agricultural    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 6,904 3,795
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Total Nonperforming Loans and Leases 6,904 3,795
Real estate-commercial    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 15,661 2,679
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Total Nonperforming Loans and Leases 15,661 2,679
Real estate-residential secured for business purpose    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 2,349 586
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Total Nonperforming Loans and Leases 2,349 586
Real estate-residential secured for personal purpose    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 1,184 3,805
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Total Nonperforming Loans and Leases 1,184 3,805
Real estate-home equity secured for personal purpose    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 1,254 1,191
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Total Nonperforming Loans and Leases 1,254 1,191
Loans to individuals    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 0 0
Loans and Leases 90 Days or more Past Due and Accruing Interest 16 24
Total Nonperforming Loans and Leases 16 24
Lease financings    
Nonperforming Loans And Leases [Line Items]    
Nonaccrual Loans and Leases 557 611
Loans and Leases 90 Days or more Past Due and Accruing Interest 109 297
Total Nonperforming Loans and Leases $ 666 $ 908
v3.25.2
Loans and Leases - Nonaccrual (Details) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses $ 22,733 $ 7,603
Nonaccrual With Allowance for Credit Losses 5,176 5,064
Total Nonaccrual 27,909 12,667
Loans and Leases 90 Days or more Past Due and Accruing Interest 125 321
Interest income recognized on nonaccrual loans and leases 23  
Commercial, financial and agricultural    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 2,645 187
Nonaccrual With Allowance for Credit Losses 4,259 3,608
Total Nonaccrual 6,904 3,795
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Real estate-commercial    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 15,301 1,834
Nonaccrual With Allowance for Credit Losses 360 845
Total Nonaccrual 15,661 2,679
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Real estate-residential secured for business purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 2,349 586
Nonaccrual With Allowance for Credit Losses 0 0
Total Nonaccrual 2,349 586
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Residential secured for personal purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 1,184 3,805
Nonaccrual With Allowance for Credit Losses 0 0
Total Nonaccrual 1,184 3,805
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Real estate-home equity secured for personal purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 1,254 1,191
Nonaccrual With Allowance for Credit Losses 0 0
Total Nonaccrual 1,254 1,191
Loans and Leases 90 Days or more Past Due and Accruing Interest 0 0
Loans to individuals    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 0 0
Nonaccrual With Allowance for Credit Losses 0 0
Total Nonaccrual 0 0
Loans and Leases 90 Days or more Past Due and Accruing Interest 16 24
Lease financings    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Nonaccrual With No Allowance for Credit Losses 0 0
Nonaccrual With Allowance for Credit Losses 557 611
Total Nonaccrual 557 611
Loans and Leases 90 Days or more Past Due and Accruing Interest $ 109 $ 297
v3.25.2
Loans and Leases - Collateral Dependent Loans (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans $ 27,909 $ 12,667
Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 24,535 9,764
Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 2,678 2,454
None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 696 449
Commercial, financial and agricultural    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 6,904 3,795
Commercial, financial and agricultural | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 4,087 1,521
Commercial, financial and agricultural | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 2,121 1,843
Commercial, financial and agricultural | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 696 431
Real estate-commercial    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 15,661 2,679
Real estate-commercial | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 15,661 2,661
Real estate-commercial | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Real estate-commercial | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 18
Real estate-residential secured for business purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 2,349 586
Real estate-residential secured for business purpose | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 2,349 586
Real estate-residential secured for business purpose | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Real estate-residential secured for business purpose | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Residential secured for personal purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 1,184 3,805
Residential secured for personal purpose | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 1,184 3,805
Residential secured for personal purpose | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Residential secured for personal purpose | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Real estate-home equity secured for personal purpose    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 1,254 1,191
Real estate-home equity secured for personal purpose | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 1,254 1,191
Real estate-home equity secured for personal purpose | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Real estate-home equity secured for personal purpose | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Lease financings    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 557 611
Lease financings | Real Estate    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 0 0
Lease financings | Other    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans 557 611
Lease financings | None    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Total nonaccrual loans $ 0 $ 0
v3.25.2
Loans and Leases - Credit Quality (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 $ 562,643 $ 949,352
2024 787,357 689,996
2023 618,239 1,179,625
2022 1,119,012 793,509
2021 736,221 612,928
Prior 924,679 559,868
Revolving Loans Amortized Cost Basis 626,354 592,715
Revolving Loans Converted to Term 990 871
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2025 9  
2023 2,070  
2022 27  
Prior 585  
Revolving Loans Amortized Cost Basis 6,723  
Total 9,414  
Pass    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 553,937 943,172
2024 770,094 682,768
2023 606,457 1,145,754
2022 1,085,990 785,210
2021 718,279 605,137
Prior 907,514 539,899
Revolving Loans Amortized Cost Basis 567,925 544,116
Revolving Loans Converted to Term 990 871
Total 5,211,186 5,246,927
Special Mention    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 7,966 5,932
2024 9,269 6,728
2023 9,487 25,139
2022 23,359 849
2021 673 3,438
Prior 1,221 12,213
Revolving Loans Amortized Cost Basis 21,789 27,106
Revolving Loans Converted to Term 0 0
Total 73,764 81,405
Substandard    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 740 248
2024 7,994 500
2023 2,295 8,732
2022 9,663 7,450
2021 17,269 4,353
Prior 15,944 7,756
Revolving Loans Amortized Cost Basis 36,640 21,493
Revolving Loans Converted to Term 0 0
Total 90,545 50,532
Performing    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 47,219 111,630
2024 103,108 287,085
2023 275,498 406,211
2022 384,771 219,517
2021 205,920 128,077
Prior 206,410 91,654
Revolving Loans Amortized Cost Basis 198,528 197,617
Total 1,421,454 1,441,791
Nonperforming    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 23 197
2024 36 168
2023 194 636
2022 392 69
2021 109 2,861
Prior 1,112 827
Revolving Loans Amortized Cost Basis 1,254 1,170
Total 3,120 5,928
Commercial, financial and agricultural    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 130,047 236,547
2024 156,036 80,442
2023 68,507 94,603
2022 68,283 101,924
2021 78,772 16,408
Prior 55,676 50,730
Revolving Loans Amortized Cost Basis 493,935 456,310
Revolving Loans Converted to Term 990 871
Total 1,052,246 1,037,835
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2025 9  
2023 2,070  
2022 7  
Prior 585  
Revolving Loans Amortized Cost Basis 6,723  
Total 9,394  
Commercial, financial and agricultural | Pass    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 129,091 232,925
2024 148,042 73,453
2023 59,416 68,205
2022 43,197 95,135
2021 73,033 16,403
Prior 50,049 44,329
Revolving Loans Amortized Cost Basis 440,540 411,413
Revolving Loans Converted to Term 990 871
Total 944,358 942,734
Commercial, financial and agricultural | Special Mention    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 461 3,622
2024 0 6,489
2023 8,637 24,423
2022 23,359 166
2021 0 5
Prior 0 0
Revolving Loans Amortized Cost Basis 21,689 27,106
Revolving Loans Converted to Term 0 0
Total 54,146 61,811
Commercial, financial and agricultural | Substandard    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 495 0
2024 7,994 500
2023 454 1,975
2022 1,727 6,623
2021 5,739 0
Prior 5,627 6,401
Revolving Loans Amortized Cost Basis 31,706 17,791
Revolving Loans Converted to Term 0 0
Total 53,742 33,290
Real estate-commercial    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 310,099 508,407
2024 441,976 441,802
2023 411,917 885,449
2022 869,928 582,520
2021 554,692 542,969
Prior 813,316 485,264
Revolving Loans Amortized Cost Basis 83,687 84,040
Revolving Loans Converted to Term 0 0
Total 3,485,615 3,530,451
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2022 20  
Total 20  
Real estate-commercial | Pass    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 302,594 506,644
2024 432,781 441,802
2023 411,318 882,071
2022 866,924 581,693
2021 543,162 538,539
Prior 802,582 471,734
Revolving Loans Amortized Cost Basis 81,928 81,145
Revolving Loans Converted to Term 0 0
Total 3,441,289 3,503,628
Real estate-commercial | Special Mention    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 7,505 1,763
2024 9,195 0
2023 412 716
2022 0 0
2021 0 3,028
Prior 1,221 12,213
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term 0 0
Total 18,333 17,720
Real estate-commercial | Substandard    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 187 2,662
2022 3,004 827
2021 11,530 1,402
Prior 9,513 1,317
Revolving Loans Amortized Cost Basis 1,759 2,895
Revolving Loans Converted to Term 0 0
Total 25,993 9,103
Real estate-construction    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 70,785 109,875
2024 104,316 71,770
2023 50,790 62,167
2022 53,395 4,226
2021 3,122 4,103
Prior 3,503 1,899
Revolving Loans Amortized Cost Basis 16,513 20,443
Revolving Loans Converted to Term 0 0
Total 302,424 274,483
Real estate-construction | Pass    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 70,540 109,627
2024 104,316 71,770
2023 50,790 58,072
2022 48,463 4,226
2021 3,122 1,700
Prior 3,503 1,899
Revolving Loans Amortized Cost Basis 13,463 19,636
Revolving Loans Converted to Term 0 0
Total 294,197 266,930
Real estate-construction | Special Mention    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 0 0
2022 0 0
2021 0 0
Prior 0 0
Revolving Loans Amortized Cost Basis 0 0
Revolving Loans Converted to Term 0 0
Total 0 0
Real estate-construction | Substandard    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 245 248
2024 0 0
2023 0 4,095
2022 4,932 0
2021 0 2,403
Prior 0 0
Revolving Loans Amortized Cost Basis 3,050 807
Revolving Loans Converted to Term 0 0
Total 8,227 7,553
Real estate-residential secured for business purpose    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 51,712 94,523
2024 85,029 95,982
2023 87,025 137,406
2022 127,406 104,839
2021 99,635 49,448
Prior 52,184 21,975
Revolving Loans Amortized Cost Basis 32,219 31,922
Revolving Loans Converted to Term 0 0
Total 535,210 536,095
Real estate-residential secured for business purpose | Pass    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 51,712 93,976
2024 84,955 95,743
2023 84,933 137,406
2022 127,406 104,156
2021 98,962 48,495
Prior 51,380 21,937
Revolving Loans Amortized Cost Basis 31,994 31,922
Revolving Loans Converted to Term 0 0
Total 531,342 533,635
Real estate-residential secured for business purpose | Special Mention    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 547
2024 74 239
2023 438 0
2022 0 683
2021 673 405
Prior 0 0
Revolving Loans Amortized Cost Basis 100 0
Revolving Loans Converted to Term 0 0
Total 1,285 1,874
Real estate-residential secured for business purpose | Substandard    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 1,654 0
2022 0 0
2021 0 548
Prior 804 38
Revolving Loans Amortized Cost Basis 125 0
Revolving Loans Converted to Term 0 0
Total 2,583 586
Residential secured for personal purpose    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 11,748 25,908
2024 27,343 203,136
2023 205,261 356,648
2022 346,610 195,764
2021 190,302 124,579
Prior 201,786 88,937
Revolving Loans Amortized Cost Basis 0 0
Total 983,050 994,972
Residential secured for personal purpose | Performing    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 11,748 25,908
2024 27,343 203,136
2023 205,261 356,506
2022 346,472 195,727
2021 190,302 121,743
Prior 200,740 88,147
Revolving Loans Amortized Cost Basis 0 0
Total 981,866 991,167
Residential secured for personal purpose | Nonperforming    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 0 142
2022 138 37
2021 0 2,836
Prior 1,046 790
Revolving Loans Amortized Cost Basis 0 0
Total 1,184 3,805
Real estate-home equity secured for personal purpose    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 255 354
2024 239 352
2023 328 2,281
2022 2,102 402
2021 353 326
Prior 1,353 1,201
Revolving Loans Amortized Cost Basis 190,384 181,920
Total 195,014 186,836
Real estate-home equity secured for personal purpose | Performing    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 255 354
2024 239 352
2023 328 2,260
2022 2,102 402
2021 353 326
Prior 1,353 1,201
Revolving Loans Amortized Cost Basis 189,130 180,750
Total 193,760 185,645
Real estate-home equity secured for personal purpose | Nonperforming    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 0 21
2022 0 0
2021 0 0
Prior 0 0
Revolving Loans Amortized Cost Basis 1,254 1,170
Total 1,254 1,191
Loans to individuals    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 1,203 2,008
2024 1,682 963
2023 690 459
2022 285 300
2021 216 19
Prior 595 634
Revolving Loans Amortized Cost Basis 9,398 16,867
Total 14,069 21,250
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2025 50  
2024 78  
2023 48  
2022 9  
2021 0  
Prior 0  
Revolving Loans Amortized Cost Basis 168  
Total 353  
Loans to individuals | Performing    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 1,203 2,008
2024 1,682 963
2023 690 459
2022 285 300
2021 216 19
Prior 579 610
Revolving Loans Amortized Cost Basis 9,398 16,867
Total 14,053 21,226
Loans to individuals | Nonperforming    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 0 0
2024 0 0
2023 0 0
2022 0 0
2021 0 0
Prior 16 24
Revolving Loans Amortized Cost Basis 0 0
Total 16 24
Lease financings    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 34,036 83,557
2024 73,880 82,802
2023 69,413 47,459
2022 36,166 23,120
2021 15,158 6,014
Prior 3,788 1,709
Revolving Loans Amortized Cost Basis 0 0
Total 232,441 244,661
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2025 0  
2024 0  
2023 161  
2022 164  
2021 34  
Prior 47  
Revolving Loans Amortized Cost Basis 16  
Total 422  
Lease financings | Performing    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 34,013 83,360
2024 73,844 82,634
2023 69,219 46,986
2022 35,912 23,088
2021 15,049 5,989
Prior 3,738 1,696
Revolving Loans Amortized Cost Basis 0 0
Total 231,775 243,753
Lease financings | Nonperforming    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 23 197
2024 36 168
2023 194 473
2022 254 32
2021 109 25
Prior 50 13
Revolving Loans Amortized Cost Basis 0 0
Total 666 908
Financing Receivable    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
2025 47,242 111,827
2024 103,144 287,253
2023 275,692 406,847
2022 385,163 219,586
2021 206,029 130,938
Prior 207,522 92,481
Revolving Loans Amortized Cost Basis 199,782 198,787
Total 1,424,574 1,447,719
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]    
2025 50  
2024 78  
2023 209  
2022 173  
2021 34  
Prior 47  
Revolving Loans Amortized Cost Basis 184  
Total 775  
Commercial, Financial And Agricultural, Real Estate-Commercial, Real Estate-Construction, And Real Estate-Residential Secured For Business Purpose Loans    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]    
Total $ 5,375,495 $ 5,378,864
v3.25.2
Loans and Leases - Allowance for Credit Losses, Loans and Leases, Roll Forward (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance $ 87,790 $ 85,632 $ 87,091 $ 85,387
Provision for credit losses 7,006 922 9,391 2,573
Charge-offs (8,158) (1,169) (10,189) (2,771)
Recoveries 351 360 696 556
Ending balance 86,989 85,745 86,989 85,745
Commercial, financial and agricultural        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 17,527 13,932 16,079 13,699
Provision for credit losses 6,973 1,448 9,652 2,263
Charge-offs (7,837) (920) (9,394) (1,513)
Recoveries 316 85 642 96
Ending balance 16,979 14,545 16,979 14,545
Real estate-commercial        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 47,166 45,853 46,867 45,849
Provision for credit losses (831) 121 (516) 122
Charge-offs 0 0 (20) 0
Recoveries 3 4 7 7
Ending balance 46,338 45,978 46,338 45,978
Real estate-construction        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 4,750 6,254 4,924 6,543
Provision for credit losses 503 (101) 329 110
Charge-offs 0 0 0 (500)
Recoveries 0 0 0 0
Ending balance 5,253 6,153 5,253 6,153
Real estate-residential secured for business purpose        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 7,507 8,800 7,491 8,692
Provision for credit losses (39) (1,294) (23) (1,188)
Charge-offs 0 0 0 0
Recoveries 0 233 0 235
Ending balance 7,468 7,739 7,468 7,739
Residential secured for personal purpose        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 6,394 6,637 7,222 6,349
Provision for credit losses 50 (31) (778) 123
Charge-offs 0 0 0 0
Recoveries 7 0 7 134
Ending balance 6,451 6,606 6,451 6,606
Real estate-home equity secured for personal purpose        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 1,566 1,184 1,706 1,289
Provision for credit losses 43 504 (97) 399
Charge-offs 0 0 0 0
Recoveries 0 0 0 0
Ending balance 1,609 1,688 1,609 1,688
Loans to individuals        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 328 388 342 392
Provision for credit losses 189 70 333 305
Charge-offs (188) (127) (353) (406)
Recoveries 15 17 22 57
Ending balance 344 348 344 348
Lease financings        
Allowance for Loan and Lease Losses [Roll Forward]        
Beginning balance 2,552 2,584 2,460 2,574
Provision for credit losses 118 205 491 439
Charge-offs (133) (122) (422) (352)
Recoveries 10 21 18 27
Ending balance $ 2,547 $ 2,688 $ 2,547 $ 2,688
v3.25.2
Loans and Leases - Allowance for Loan and Lease Losses and Recorded Investment in Loans and Leases (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed $ 2,808     $ 456    
Ending balance: pooled 84,181     85,289    
Financing Receivable, Allowance for Credit Loss 86,989 $ 87,790 $ 87,091 85,745 $ 85,632 $ 85,387
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 27,468     15,748    
Ending balance: pooled 6,773,717     6,669,089    
Total Loans and Leases Held for Investment 6,801,185   6,826,583 6,684,837    
Commercial, financial and agricultural            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 2,541     433    
Ending balance: pooled 14,438     14,112    
Financing Receivable, Allowance for Credit Loss 16,979 17,527 16,079 14,545 13,932 13,699
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 6,904     2,237    
Ending balance: pooled 1,045,342     1,053,095    
Total Loans and Leases Held for Investment 1,052,246   1,037,835 1,055,332    
Real estate-commercial            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 151     23    
Ending balance: pooled 46,187     45,955    
Financing Receivable, Allowance for Credit Loss 46,338 47,166 46,867 45,978 45,853 45,849
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 15,661     4,140    
Ending balance: pooled 3,469,954     3,369,749    
Total Loans and Leases Held for Investment 3,485,615   3,530,451 3,373,889    
Real estate-construction            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 0     0    
Ending balance: pooled 5,253     6,153    
Financing Receivable, Allowance for Credit Loss 5,253 4,750 4,924 6,153 6,254 6,543
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 0     3,523    
Ending balance: pooled 302,424     309,706    
Total Loans and Leases Held for Investment 302,424   274,483 313,229    
Real estate-residential secured for business purpose            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 0     0    
Ending balance: pooled 7,468     7,739    
Financing Receivable, Allowance for Credit Loss 7,468 7,507 7,491 7,739 8,800 8,692
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 2,349     822    
Ending balance: pooled 532,861     531,806    
Total Loans and Leases Held for Investment 535,210   536,095 532,628    
Residential secured for personal purpose            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 0     0    
Ending balance: pooled 6,451     6,606    
Financing Receivable, Allowance for Credit Loss 6,451 6,394 7,222 6,606 6,637 6,349
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 1,184     3,818    
Ending balance: pooled 982,982     948,847    
Total Loans and Leases Held for Investment 984,166   994,972 952,665    
Real estate-home equity secured for personal purpose            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 0     0    
Ending balance: pooled 1,609     1,688    
Financing Receivable, Allowance for Credit Loss 1,609 1,566 1,706 1,688 1,184 1,289
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 1,254     1,193    
Ending balance: pooled 193,760     177,957    
Total Loans and Leases Held for Investment 195,014   186,836 179,150    
Loans to individuals            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 0     0    
Ending balance: pooled 344     348    
Financing Receivable, Allowance for Credit Loss 344 328 342 348 388 392
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 0     15    
Ending balance: pooled 14,069     26,415    
Total Loans and Leases Held for Investment 14,069   21,250 26,430    
Lease financings            
Allowance For Credit Losses, Loans And Leases [Abstract]            
Ending balance: individually analyzed 116     0    
Ending balance: pooled 2,431     2,688    
Financing Receivable, Allowance for Credit Loss 2,547 $ 2,552 2,460 2,688 $ 2,584 $ 2,574
Loans and leases held for investment [Abstract]            
Ending balance: individually analyzed 116     0    
Ending balance: pooled 232,325     251,514    
Total Loans and Leases Held for Investment $ 232,441   $ 244,661 $ 251,514    
v3.25.2
Loans and Leases - Accruing and Nonaccruing Modified Loans to Borrowers Experiencing Financial Difficulty (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
loan
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
loan
Accrual Modified Loans | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 4 1 7 3
Amortized Cost Basis* $ 12,514 $ 4,925 $ 19,634 $ 8,138
Related allowance $ 64 $ 10 $ 73 $ 12
Accrual Modified Loans | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 0 2 0 2
Amortized Cost Basis* $ 0 $ 7,333 $ 0 $ 7,333
Related allowance $ 0 $ 98 $ 0 $ 98
Accrual Modified Loans | Commercial, financial and agricultural | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 4 1 5 1
Amortized Cost Basis* $ 12,514 $ 4,925 $ 14,624 $ 4,925
Percent of total class of financing receivable 1.19% 0.47% 1.39% 0.47%
Related allowance $ 64 $ 10 $ 68 $ 10
Accrual Modified Loans | Commercial, financial and agricultural | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 0 2 0 2
Amortized Cost Basis* $ 0 $ 7,333 $ 0 $ 7,333
Percent of total class of financing receivable 0.00% 0.69% 0.00% 0.69%
Related allowance $ 0 $ 98 $ 0 $ 98
Accrual Modified Loans | Real estate-commercial | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan     0 2
Amortized Cost Basis*     $ 0 $ 3,213
Percent of total class of financing receivable     0.00% 0.10%
Related allowance     $ 0 $ 2
Accrual Modified Loans | Real estate-construction | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan     2  
Amortized Cost Basis*     $ 5,010  
Percent of total class of financing receivable     1.66%  
Related allowance     $ 5  
Nonaccrual Modified Loans | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 0 0 0 2
Amortized Cost Basis* $ 0 $ 0 $ 0 $ 3,523
Related allowance $ 0 $ 0 $ 0 $ 0
Nonaccrual Modified Loans | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan 0 0 0 0
Amortized Cost Basis* $ 0 $ 0 $ 0 $ 0
Related allowance $ 0 $ 0 $ 0 $ 0
Nonaccrual Modified Loans | Real estate-construction | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans | loan     0 2
Amortized Cost Basis*     $ 0 $ 3,523
Percent of total class of financing receivable     0.00% 1.12%
Related allowance     $ 0 $ 0
v3.25.2
Loans and Leases - Schedule of Financial Effect on Accruing and Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficuly (Details) - loan
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Accrual Modified Loans | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 4 1 7 3
Accrual Modified Loans | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 0 2 0 2
Accrual Modified Loans | Commercial, financial and agricultural | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 4 1 5 1
Financing Receivable, Modified, Weighted Average Term Increase from Modification 8 months 10 months 9 months 10 months
Accrual Modified Loans | Commercial, financial and agricultural | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 0 2 0 2
Financing Receivable, Modified, Weighted Average Term Increase from Modification   3 months   3 months
Accrual Modified Loans | Real estate-commercial | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans     0 2
Financing Receivable, Modified, Weighted Average Term Increase from Modification       8 months
Accrual Modified Loans | Real estate-construction | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans     2  
Financing Receivable, Modified, Weighted Average Term Increase from Modification     5 months  
Nonaccrual Modified Loans | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 0 0 0 2
Nonaccrual Modified Loans | Payment Deferral        
Financing Receivable, Modified Loans [Line Items]        
Number of loans 0 0 0 0
Nonaccrual Modified Loans | Real estate-construction | Maturity Date Extension        
Financing Receivable, Modified Loans [Line Items]        
Number of loans     0 2
Financing Receivable, Modified, Weighted Average Term Increase from Modification       8 months
v3.25.2
Loans and Leases - Aging Analysis of Accruing and Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficult (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross $ 6,801,185 $ 6,826,583 $ 6,684,837
Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 19,634   20,318
Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   3,523
Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 6,746,292 6,796,866  
Current | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 19,634   20,318
Current | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   3,523
Financial Asset, 30 to 89 Days Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
Financial Asset, 30 to 89 Days Past Due | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 125 321  
90 Days or more Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
90 Days or more Past Due | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
Commercial, financial and agricultural      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 1,052,246 1,037,835 1,055,332
Commercial, financial and agricultural | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 14,624   12,258
Commercial, financial and agricultural | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 1,034,884 1,031,567  
Commercial, financial and agricultural | Current | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 14,624   12,258
Commercial, financial and agricultural | Financial Asset, 30 to 89 Days Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
Commercial, financial and agricultural | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0 0  
Commercial, financial and agricultural | 90 Days or more Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0   0
Real estate-construction      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 302,424 274,483 313,229
Real estate-construction | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 5,010    
Real estate-construction | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     3,523
Real estate-construction | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 301,789 270,824  
Real estate-construction | Current | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 5,010    
Real estate-construction | Current | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     3,523
Real estate-construction | Financial Asset, 30 to 89 Days Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0    
Real estate-construction | Financial Asset, 30 to 89 Days Past Due | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     0
Real estate-construction | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0 0  
Real estate-construction | 90 Days or more Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 0    
Real estate-construction | 90 Days or more Past Due | Nonaccrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     0
Real estate-commercial      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 3,485,615 3,530,451 3,373,889
Real estate-commercial | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     8,060
Real estate-commercial | Current      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross 3,466,623 3,524,438  
Real estate-commercial | Current | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     8,060
Real estate-commercial | Financial Asset, 30 to 89 Days Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     0
Real estate-commercial | 90 Days or more Past Due      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross $ 0 $ 0  
Real estate-commercial | 90 Days or more Past Due | Accrual Modified Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Financial receivables, gross     $ 0
v3.25.2
Loans and Leases - Mortgages in Process of Foreclosure (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Financing Receivable, Process of Foreclosure [Line Items]    
Foreclosed residential real estate $ 2,526 $ 234
Residential Real Estate    
Financing Receivable, Process of Foreclosure [Line Items]    
Mortgage loans in process of foreclosure, amount 637 3,220
Residential secured for personal purpose | Residential Real Estate    
Financing Receivable, Process of Foreclosure [Line Items]    
Mortgage loans in process of foreclosure, amount 637 3,095
Real estate-home equity secured for personal purpose | Residential Real Estate    
Financing Receivable, Process of Foreclosure [Line Items]    
Mortgage loans in process of foreclosure, amount $ 0 $ 125
v3.25.2
Loans and Leases - Lease Payments Receivables (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Receivables [Abstract]    
2025 (excluding the six months ended June 30, 2025) $ 49,075 $ 91,125
2026 83,903 76,977
2027 63,391 56,881
2028 38,934 32,899
2029 18,183 12,101
Thereafter 4,492 1,964
Total future minimum lease payments receivable 257,978 271,947
Plus: Unguaranteed residual 1,478 1,485
Plus: Initial direct costs 2,932 3,156
Less: Imputed interest (29,947) (31,927)
Lease financings $ 232,441 $ 244,661
v3.25.2
Goodwill and Other Intangible Assets - Narrative (Details) - Servicing Rights [Member] - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]    
Aggregate fair value of servicing rights $ 11,400 $ 12,700
Discount rates used for valuation of servicing rights 11.10% 11.00%
v3.25.2
Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
Goodwill [Line Items]  
Goodwill, beginning balance $ 175,510
Goodwill, acquired during period 0
Goodwill, ending balance 175,510
Banking1 [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 138,476
Goodwill, acquired during period 0
Goodwill, ending balance 138,476
Wealth Management [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 15,434
Goodwill, acquired during period 0
Goodwill, ending balance 15,434
Insurance [Member]  
Goodwill [Line Items]  
Goodwill, beginning balance 21,600
Goodwill, acquired during period 0
Goodwill, ending balance $ 21,600
v3.25.2
Goodwill and Other Intangible Assets - Components of Intangible Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]            
Gross carrying amount $ 20,376   $ 21,538      
Accumulated amortization 12,409   13,229      
Net carrying amount 7,967   8,309      
Core Deposits [Member]            
Finite-Lived Intangible Assets [Line Items]            
Gross carrying amount 5,268   6,788      
Accumulated amortization 5,172   6,597      
Net carrying amount 96   191      
Customer Related Intangibles [Member]            
Finite-Lived Intangible Assets [Line Items]            
Gross carrying amount 2,476   2,476      
Accumulated amortization 1,514   1,348      
Net carrying amount 962   1,128      
Servicing Rights [Member]            
Finite-Lived Intangible Assets [Line Items]            
Gross carrying amount 12,632   12,274      
Accumulated amortization 5,723   5,284      
Net carrying amount 6,909   6,990      
Valuation allowance included in accumulated amortization $ 21 $ 26 $ 7 $ 17 $ 18 $ 98
v3.25.2
Goodwill and Other Intangible Assets - Estimated Amortization Expense for Core Deposit and Customer Related Intangibles (Details) - Core Deposits And Customer Related Intangible Assets
$ in Thousands
Jun. 30, 2025
USD ($)
Finite-Lived Intangible Assets [Line Items]  
Remainder of 2025 $ 208
2026 318
2027 216
2028 161
2029 105
Thereafter 50
Total: Estimated amortization expense for core deposit and customer related intangibles $ 1,058
v3.25.2
Goodwill and Other Intangible Assets - Changes in Servicing Rights (Details) - Servicing Rights [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Servicing Asset at Amortized Cost, Balance [Roll Forward]        
Beginning of period $ 6,872 $ 5,681 $ 6,990 $ 8,982
Servicing rights capitalized 464 537 747 963
Amortization of servicing rights (432) (136) (814) (477)
Sold servicing rights 0 0 0 (3,466)
Changes in valuation allowance 5 1 (14) 81
End of period 6,909 6,083 6,909 6,083
Loans serviced for others $ 1,049,499 $ 933,873 $ 1,049,499 $ 933,873
v3.25.2
Goodwill and Other Intangible Assets - Activity In Valuation Allowance For Servicing Rights (Details) - Servicing Rights [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]        
Valuation allowance, beginning of period $ (26) $ (18) $ (7) $ (98)
Additions 0 0 (14) 0
Reductions 5 1 0 81
Valuation allowance, end of period $ (21) $ (17) $ (21) $ (17)
v3.25.2
Goodwill and Other Intangible Assets - Estimated Amortization Expense of Servicing Rights (Details) - Servicing Rights [Member] - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]            
Remainder of 2025 $ 1,118          
2026 941          
2027 794          
2028 673          
2029 570          
Thereafter 2,813          
Total: Estimated amortization expense of servicing rights $ 6,909 $ 6,872 $ 6,990 $ 6,083 $ 5,681 $ 8,982
v3.25.2
Deposits - Additional Information (Detail) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Deposits [Abstract]    
Aggregate amount of time deposits in denominations over $250 thousand $ 321.6 $ 276.0
v3.25.2
Deposits - Schedule of Components of Weighted Average Interest Rate and Balance of Deposits (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Weighted Average Rate Domestic Deposit Liabilities [Abstract]    
Noninterest-bearing deposits 0.00% 0.00%
Demand deposits 3.31% 3.25%
Savings deposits 0.45% 0.44%
Time deposits 4.04% 4.40%
Total deposits 2.43% 2.52%
Deposits [Abstract]    
Noninterest-bearing deposits $ 1,461,189 $ 1,414,635
Demand deposits 2,896,516 3,186,597
Savings deposits 723,996 704,321
Time deposits 1,500,959 1,453,706
Total $ 6,582,660 $ 6,759,259
v3.25.2
Deposits - Schedule of Maturities of Time Deposits (Detail) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Deposits [Abstract]    
Remainder of 2025 $ 722,537  
2026 361,263  
2027 178,352  
2028 163,626  
2029 73,417  
Thereafter 1,764  
Total $ 1,500,959 $ 1,453,706
v3.25.2
Borrowings - Additional Information (Detail) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Debt Disclosure [Abstract]    
Maximum borrowing capacity with FHLB $ 3,200,000,000 $ 3,300,000,000
Outstanding short-term letters of credit 1,100,000,000 1,300,000,000
Available borrowing capacity from the Federal Home Loan Bank 1,900,000,000 1,700,000,000
Investment securities and loans collateral for Federal Reserve Bank Discount Window Lending program 414,500,000 397,200,000
Outstanding amount of federal fund line of credit with Federal Reserve Bank of Philadelphia 0 0
Amount of maintained line of credit with correspondent bank - parent company 10,000,000.0 10,000,000.0
Outstanding amount of line of credit with correspondent bank - parent company 0 0
Total committed borrowing capacity 3,600,000,000 3,700,000,000
Total committed borrowing capacity available 2,300,000,000 2,100,000,000
Amount of maintained federal fund lines of credit with correspondent banks $ 469,000,000 $ 468,000,000
v3.25.2
Borrowings - Summary of Borrowings By Type (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Schedule of Borrowings [Line Items]    
Balance at End of Period $ 6,271 $ 11,181
FHLB advances    
Schedule of Borrowings [Line Items]    
Balance at End of Period $ 200,000 $ 225,000
Weighted Average Interest Rate at End of Period 4.20% 4.35%
Subordinated notes    
Schedule of Borrowings [Line Items]    
Balance at End of Period $ 149,511 $ 149,261
Weighted Average Interest Rate at End of Period 6.08% 6.08%
Customer repurchase agreements    
Schedule of Borrowings [Line Items]    
Balance at End of Period $ 6,271 $ 11,181
Weighted Average Interest Rate at End of Period 0.05% 0.05%
v3.25.2
Borrowings - Schedule of Maturities of Long-term FHLB Advances (Details)
$ in Thousands
Jun. 30, 2025
USD ($)
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]  
Remainder of 2025 $ 0
2026 100,000
2027 25,000
2028 40,000
2029 25,000
Thereafter 10,000
Total $ 200,000
Federal Home Loan Bank, Advances, Maturities Summary, Average Interest Rate of Amounts Due [Abstract]  
Remainder of 2025 weighted average interest rate 0.00%
2026 weighted average interest rate 4.29%
2027 weighted average interest rate 3.99%
2028 weighted average interest rate 4.33%
2029 weighted average interest rate 3.91%
Thereafter weighted average interest rate 3.94%
Weighted average interest rate 4.20%
v3.25.2
Retirement Plans and Other Post Retirement Benefits - Narrative (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Retirement Plans    
Defined Benefit Plan Disclosure [Line Items]    
Expected employer contributions for next fiscal year   $ 156
Defined benefit plan, contributions by employer $ 78  
Defined benefit plan, benefits paid 1,400  
Other Post Retirement Benefits    
Defined Benefit Plan Disclosure [Line Items]    
Expected employer contributions for next fiscal year   $ 107
Defined benefit plan, contributions by employer 47  
Defined benefit plan, benefits paid $ 47  
v3.25.2
Retirement Plans and Other Postretirement Benefits - Components of Net Periodic Benefit Cost (Income) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Retirement Plans        
Defined Benefit Plan Disclosure [Line Items]        
Service cost $ 142 $ 135 $ 274 $ 283
Interest cost 604 600 1,208 1,192
Expected loss on plan assets (899) (869) (1,790) (1,740)
Amortization of net actuarial loss (gain) 61 176 124 351
Net periodic benefit (income) cost (92) 42 (184) 86
Other Post Retirement Benefits        
Defined Benefit Plan Disclosure [Line Items]        
Service cost 11 14 22 28
Interest cost 27 27 54 54
Expected loss on plan assets 0 0 0 0
Amortization of net actuarial loss (gain) (38) (29) (49) (57)
Net periodic benefit (income) cost $ 0 $ 12 $ 27 $ 25
v3.25.2
Stock-Based Incentive Plan - Status of Options Granted Under Long-Term Incentive Plan (Detail) - USD ($)
$ / shares in Units, $ in Thousands
6 Months Ended
Jun. 30, 2025
Shares Under Option  
Shares under option, outstanding, beginning balance 127,782
Shares under option, exercised (13,000)
Shares under option, outstanding, ending balance 114,782
Shares under options, exercisable at June 30, 2025 114,782
Weighted Average Exercise Price Per Share [Abstract]  
Weighted average exercise price per share, outstanding, beginning balance $ 27.72
Weighted average exercise price per share, outstanding, exercised 24.84
Weighted average exercise price per share, outstanding, ending balance 28.05
Weighted average exercise price per share, exercisable at June 30, 2025 $ 28.05
Weighted average remaining contractual life, outstanding at June 30, 2025 2 years 1 month 6 days
Weighted average remaining contractual life, exercisable at June 30, 2025 2 years 1 month 6 days
Aggregated intrinsic value, outstanding at June 30, 2025 $ 229
Aggregated intrinsic value, exercisable at June 30, 2025 $ 229
v3.25.2
Stock-Based Incentive Plan - Summary of Nonvested Restricted Stock Units (Detail)
6 Months Ended
Jun. 30, 2025
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Nonvested share units, beginning balance | shares 501,679
Nonvested share units, granted (in shares) | shares 196,666
Nonvested share units, added by performance factor | shares 2,761
Nonvested share units, vested (in shares) | shares (164,280)
Nonvested share units, forfeited | shares (5,451)
Nonvested share units, ending balance | shares 531,375
Weighted Average Grant Date Fair Value  
Weighted average grant date fair value, beginning balance (in dollars per share) | $ / shares $ 22.67
Weighted average grant date fair value, granted (in dollars per share) | $ / shares 28.44
Weighted average grant date fair value, added by performance factor (in dollars per share) | $ / shares 28.21
Weighted average grant date fair value, vested (in dollars per share) | $ / shares 25.33
Weighted average grant date fair value, forfeited (in dollars per share) | $ / shares 16.23
Weighted average grant date fair value, ending balance (in dollars per share) | $ / shares $ 24.02
v3.25.2
Stock-Based Incentive Plan - Certain Information Regarding Restricted Stock Units (Detail) - USD ($)
$ / shares in Units, $ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Restricted stock units granted (in shares) 196,666  
Weighted average grant date fair value (in dollars per share) $ 28.44  
Restricted stock units vested (in shares) 164,280  
Weighted average grant date fair value (in dollars per share) $ 25.33  
Restricted stock units    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Restricted stock units granted (in shares) 196,666 273,030
Weighted average grant date fair value (in dollars per share) $ 28.44 $ 19.70
Intrinsic value of units granted $ 5,592 $ 5,378
Restricted stock units vested (in shares) 164,280 151,041
Weighted average grant date fair value (in dollars per share) $ 25.33 $ 27.66
Intrinsic value of units vested $ 4,670 $ 2,983
v3.25.2
Stock-Based Incentive Plan - Schedule of Unrecognized Compensation Cost, Nonvested Units (Detail) - Restricted stock units
$ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Unrecognized compensation cost $ 8,807
Weighted-average period remaining (years) 2 years 1 month 6 days
v3.25.2
Stock-Based Incentive Plan - Compensation Expense Related to Stock Incentive Plans Recognized (Detail) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Share-based Payment Arrangement, Additional Disclosure [Abstract]    
Total expense $ 2,297 $ 2,280
Tax benefit on nonqualified stock option expense and disqualifying dispositions of incentive stock options 275 658
Restricted stock units    
Share-based Payment Arrangement, Additional Disclosure [Abstract]    
Total expense 2,252 2,231
Employee Stock    
Share-based Payment Arrangement, Additional Disclosure [Abstract]    
Total expense $ 45 $ 49
v3.25.2
Accumulated Other Comprehensive (Loss) Income - Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]        
Beginning balance $ 903,472 $ 843,669 $ 887,301 $ 839,208
Other comprehensive income     8,127  
Other comprehensive (loss) income     9,023 (3,478)
Reclassification adjustment recorded in earnings     896  
Ending balance 916,733 854,137 916,733 854,137
Net Unrealized Losses on Available-for-Sale Investment Securities        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]        
Beginning balance     (35,117) (34,321)
Other comprehensive income     8,068  
Other comprehensive (loss) income       (2,205)
Ending balance (27,049) (36,526) (27,049) (36,526)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]        
Beginning balance     (2,422) (4,566)
Other comprehensive income     0  
Other comprehensive (loss) income       (1,505)
Reclassification adjustment recorded in earnings     896  
Ending balance (1,526) (6,071) (1,526) (6,071)
Net Change Related to Defined Benefit Pension Plans        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]        
Beginning balance     (6,453) (11,759)
Other comprehensive income     59  
Other comprehensive (loss) income       232
Ending balance (6,394) (11,527) (6,394) (11,527)
Accumulated Other Comprehensive Loss        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]        
Beginning balance (37,922) (54,740) (43,992) (50,646)
Other comprehensive (loss) income 2,953 616    
Ending balance $ (34,969) $ (54,124) $ (34,969) $ (54,124)
v3.25.2
Derivative Instruments and Hedging Activities- Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
loan
Rate
Jun. 30, 2025
USD ($)
loan
Rate
Dec. 31, 2024
USD ($)
Not Designated as Hedging Instrument      
Derivative [Line Items]      
Notional Amount $ 921,055 $ 921,055 $ 923,658
Interest Rate Swap | Cash Flow Hedging      
Derivative [Line Items]      
Unwind fee   4,000  
Reclassification adjustment recorded in earnings 2,100    
Unamortized origination and third party fees 124 124  
Unwind fee, net of origination and third party fees 2,100 2,100  
Interest Rate Swap | Cash Flow Hedging | 2022 SWAP      
Derivative [Line Items]      
Notional Amount $ 250,000 $ 250,000  
Derivative fixed interest rate | Rate 5.99% 5.99%  
Derivative remaining maturity 10 months 10 months  
Credit derivatives | Not Designated as Hedging Instrument      
Derivative [Line Items]      
Notional Amount $ 839,335 $ 839,335 $ 860,423
Derivative number of instruments held | loan 134 134  
Credit derivatives | Not Designated as Hedging Instrument | Customer      
Derivative [Line Items]      
Unrealized Gain (Loss) on Derivatives   $ 31,100  
Derivative, Underlying Investment, Fair Value $ 4,000 $ 4,000  
Credit derivatives | Not Designated as Hedging Instrument | Minimum      
Derivative [Line Items]      
Derivative remaining maturity 1 month 1 month  
Credit derivatives | Not Designated as Hedging Instrument | Maximum      
Derivative [Line Items]      
Derivative remaining maturity 10 years 10 years  
Credit derivatives | Not Designated as Hedging Instrument | Other Liabilities      
Derivative [Line Items]      
Derivative, Underlying Investment, Fair Value $ 79 $ 79  
v3.25.2
Derivative Instruments and Hedging Activities - Derivatives Designated as Hedging Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]          
Interest rate swap—cash flow hedge—net interest payments $ 0 $ (1,064) $ 0 $ (5,077)  
Reclassification adjustment included in earnings [1] (569)   (1,134)    
Total net unrealized gains on interest rate swaps used in cash flow hedges 569 522 1,134 (1,905)  
Total net unrealized gains on interest rate swaps used in cash flow hedges 450 412 896 (1,505)  
Designated as Hedging Instrument          
Derivative Instruments, Gain (Loss) [Line Items]          
Total net unrealized gains on interest rate swaps used in cash flow hedges     (1,526)   $ (2,422)
Designated as Hedging Instrument | Interest Rate Swap | Cash Flow Hedging          
Derivative Instruments, Gain (Loss) [Line Items]          
Interest rate swap—cash flow hedge—net interest payments 0 1,586 0 3,172  
Reclassification adjustment included in earnings (569) [2] 0 (1,134) 0  
Total net unrealized gains on interest rate swaps used in cash flow hedges $ (569) $ (1,586) (1,134) $ (3,172)  
Total net unrealized gains on interest rate swaps used in cash flow hedges     $ (1,526) [3]   $ (2,422)
[1] Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.
[2] Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.
[3] The interest rate swap was terminated on August 2, 2024. This after-tax amount will be reclassified to earnings as a reduction to interest income over the remaining 10 months of the original swap.
v3.25.2
Derivative Instruments and Hedging Activities - Derivatives Not Designated as Hedging Instruments (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Notional Amount $ 921,055   $ 921,055   $ 923,658
Derivative Assets 359   359   226
Derivative Liabilities 130   130   67
Derivative instruments not designated as hedging instruments, gain (loss), net 163 $ 255 235 $ 657  
Credit derivatives          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Notional Amount 839,335   839,335   860,423
Credit derivatives | Other noninterest income          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative instruments not designated as hedging instruments, gain (loss), net 135 111 152 338  
Credit derivatives | Other assets          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Assets 0   0   0
Credit derivatives | Other Liabilities          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Liabilities 79   79   67
Interest rate locks with customers          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Notional Amount 31,973   31,973   23,291
Interest rate locks with customers | Mortgage Banking Activities          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative instruments not designated as hedging instruments, gain (loss), net (62) 236 146 30  
Interest rate locks with customers | Other assets          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Assets 359   359   214
Interest rate locks with customers | Other Liabilities          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Liabilities 0   0   0
Forward loan sale commitments          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Notional Amount 49,747   49,747   39,944
Forward loan sale commitments | Mortgage Banking Activities          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative instruments not designated as hedging instruments, gain (loss), net 90 $ (92) (63) $ 289  
Forward loan sale commitments | Other assets          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Assets 0   0   12
Forward loan sale commitments | Other Liabilities          
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]          
Derivative Liabilities $ 51   $ 51   $ 0
v3.25.2
Fair Value Disclosures - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
numberOfSwaps
Rate
Jun. 30, 2025
USD ($)
loan
numberOfSwaps
Rate
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
numberOfSwaps
Rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Contingent consideration liability, payment   $ 635 $ 635  
Carrying value of individually analyzed loans and leases held for investment $ 6,773,717 6,773,717 6,669,089  
Servicing rights carrying amount before valuation allowance 6,900 6,900   $ 7,000
Servicing rights valuation allowance 21 21   7
Other real estate owned 22,500 22,500   20,100
Transfer of loans to other real estate owned   2,526 252  
Repossessed assets 80 80   76
Transfer of leases to repossessed assets   17 167  
Proceeds from Sale of Other Assets 13      
Lease financings        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying value of individually analyzed loans and leases held for investment 116 116   0
Valuation allowance of individually analyzed loans and leases held for investment 116 116    
Held for Investment        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying value of individually analyzed loans and leases held for investment 27,400 27,400   12,100
Valuation allowance of individually analyzed loans and leases held for investment 2,700 2,700   1,900
Credit derivatives | Fair Value Measure on Recurring Basis        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Derivative liabilities 79 79   67
Level 3 | Credit derivatives | Fair Value Measure on Recurring Basis        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Derivative liabilities $ 79 $ 79   $ 67
Number of interest rate swaps held | numberOfSwaps 134 134   135
Notional Amount $ 839,300 $ 839,300   $ 860,400
Derivative, credit valuation adjustment, loss rate used in calculation | Rate 40.00% 40.00%   40.00%
Paul I. Scheaffer Insurance Agency        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Contingent consideration liability discount rate       0.083
Contingent consideration liability, payment   $ 635   $ 635
Business combination, contingent consideration, liability, current $ 0 0   $ 635
Residential secured for personal purpose        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying value of individually analyzed loans and leases held for investment 982,982 982,982 948,847  
Transfer of loans to other real estate owned   $ 2,500    
Residential secured for personal purpose | Non Accrual Loans        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Real estate owned, transfer to real estate owned, number of properties | loan   1    
Real estate-residential secured for business purpose        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Carrying value of individually analyzed loans and leases held for investment 532,861 $ 532,861 $ 531,806  
Real estate owned, sold, number of properties | loan   2    
Real Estate Owned, Transfer from Real Estate Owned $ 226      
v3.25.2
Fair Value Disclosures- Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Debt securities $ 366,421 $ 357,361
Investments in equity securities 1,801 2,506
Fair Value Measure on Recurring Basis    
Assets    
Debt securities 366,421 357,361
Investments in equity securities 1,801 2,506
Total assets 386,355 376,746
Liabilities    
Total liabilities 130 702
Fair Value Measure on Recurring Basis | Contingent consideration liability    
Liabilities    
Derivative liabilities   635
Fair Value Measure on Recurring Basis | Credit derivatives    
Liabilities    
Derivative liabilities 79 67
Fair Value Measure on Recurring Basis | Forward loan sale commitments    
Liabilities    
Derivative liabilities 51  
Fair Value Measure on Recurring Basis | State and political subdivisions    
Assets    
Debt securities   1,295
Fair Value Measure on Recurring Basis | Residential mortgage-backed securities    
Assets    
Debt securities 291,158 283,381
Fair Value Measure on Recurring Basis | Collateralized mortgage obligations    
Assets    
Debt securities 1,541 1,685
Fair Value Measure on Recurring Basis | Corporate bonds    
Assets    
Debt securities 73,722 71,000
Fair Value Measure on Recurring Basis | Money market mutual funds    
Assets    
Investments in equity securities 1,801 2,506
Fair Value Measure on Recurring Basis | Loans held for sale    
Assets    
Loans held for sale 17,774 16,653
Fair Value Measure on Recurring Basis | Interest rate locks with customers    
Assets    
Derivative asset 359 214
Fair Value Measure on Recurring Basis | Forward loan sale commitments    
Assets    
Derivative asset   12
Fair Value Measure on Recurring Basis | Level 1    
Assets    
Debt securities 0 0
Investments in equity securities 1,801 2,506
Total assets 1,801 2,506
Liabilities    
Total liabilities 0 0
Fair Value Measure on Recurring Basis | Level 1 | Contingent consideration liability    
Liabilities    
Derivative liabilities   0
Fair Value Measure on Recurring Basis | Level 1 | Credit derivatives    
Liabilities    
Derivative liabilities 0 0
Fair Value Measure on Recurring Basis | Level 1 | Forward loan sale commitments    
Liabilities    
Derivative liabilities 0  
Fair Value Measure on Recurring Basis | Level 1 | State and political subdivisions    
Assets    
Debt securities   0
Fair Value Measure on Recurring Basis | Level 1 | Residential mortgage-backed securities    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 1 | Collateralized mortgage obligations    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 1 | Corporate bonds    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 1 | Money market mutual funds    
Assets    
Investments in equity securities 1,801 2,506
Fair Value Measure on Recurring Basis | Level 1 | Loans held for sale    
Assets    
Loans held for sale 0 0
Fair Value Measure on Recurring Basis | Level 1 | Interest rate locks with customers    
Assets    
Derivative asset 0 0
Fair Value Measure on Recurring Basis | Level 1 | Forward loan sale commitments    
Assets    
Derivative asset   0
Fair Value Measure on Recurring Basis | Level 2    
Assets    
Debt securities 366,421 357,361
Investments in equity securities 0 0
Total assets 384,554 374,240
Liabilities    
Total liabilities 51 0
Fair Value Measure on Recurring Basis | Level 2 | Contingent consideration liability    
Liabilities    
Derivative liabilities   0
Fair Value Measure on Recurring Basis | Level 2 | Credit derivatives    
Liabilities    
Derivative liabilities 0 0
Fair Value Measure on Recurring Basis | Level 2 | Forward loan sale commitments    
Liabilities    
Derivative liabilities 51  
Fair Value Measure on Recurring Basis | Level 2 | State and political subdivisions    
Assets    
Debt securities   1,295
Fair Value Measure on Recurring Basis | Level 2 | Residential mortgage-backed securities    
Assets    
Debt securities 291,158 283,381
Fair Value Measure on Recurring Basis | Level 2 | Collateralized mortgage obligations    
Assets    
Debt securities 1,541 1,685
Fair Value Measure on Recurring Basis | Level 2 | Corporate bonds    
Assets    
Debt securities 73,722 71,000
Fair Value Measure on Recurring Basis | Level 2 | Money market mutual funds    
Assets    
Investments in equity securities 0 0
Fair Value Measure on Recurring Basis | Level 2 | Loans held for sale    
Assets    
Loans held for sale 17,774 16,653
Fair Value Measure on Recurring Basis | Level 2 | Interest rate locks with customers    
Assets    
Derivative asset 359 214
Fair Value Measure on Recurring Basis | Level 2 | Forward loan sale commitments    
Assets    
Derivative asset   12
Fair Value Measure on Recurring Basis | Level 3    
Assets    
Debt securities 0 0
Investments in equity securities 0 0
Total assets 0 0
Liabilities    
Total liabilities 79 702
Fair Value Measure on Recurring Basis | Level 3 | Contingent consideration liability    
Liabilities    
Derivative liabilities   635
Fair Value Measure on Recurring Basis | Level 3 | Credit derivatives    
Liabilities    
Derivative liabilities 79 67
Fair Value Measure on Recurring Basis | Level 3 | Forward loan sale commitments    
Liabilities    
Derivative liabilities 0  
Fair Value Measure on Recurring Basis | Level 3 | State and political subdivisions    
Assets    
Debt securities   0
Fair Value Measure on Recurring Basis | Level 3 | Residential mortgage-backed securities    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 3 | Collateralized mortgage obligations    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 3 | Corporate bonds    
Assets    
Debt securities 0 0
Fair Value Measure on Recurring Basis | Level 3 | Money market mutual funds    
Assets    
Investments in equity securities 0 0
Fair Value Measure on Recurring Basis | Level 3 | Loans held for sale    
Assets    
Loans held for sale 0 0
Fair Value Measure on Recurring Basis | Level 3 | Interest rate locks with customers    
Assets    
Derivative asset $ 0 0
Fair Value Measure on Recurring Basis | Level 3 | Forward loan sale commitments    
Assets    
Derivative asset   $ 0
v3.25.2
Fair Value Disclosures - Level 3 Roll Forward (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Net Asset (Liability) Value [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Net Asset (Liability) Value $ (79) $ (116) $ (67) $ (186)
Purchases/additions (164) (268)    
Increase (decrease) in value 152 338    
Derivative Financial Instruments, Liabilities | Credit derivatives        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (67) (186)    
Additions (164) (268)    
Increase (decrease) in value 152 338    
Ending balance $ (79) $ (116)    
v3.25.2
Fair Value Disclosures - Change in Contingent Consideration Liability (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Change in Contingent Consideration Liability [Roll Forward]    
Beginning balance $ 635 $ 1,224
Payment of contingent consideration 635 635
Adjustment of contingent consideration 0 25
Ending balance 0 614
Paul I. Scheaffer Insurance Agency    
Change in Contingent Consideration Liability [Roll Forward]    
Beginning balance 635 1,224
Payment of contingent consideration 635 635
Adjustment of contingent consideration 0 25
Ending balance $ 0 $ 614
v3.25.2
Fair Value Disclosures - Assets Measured at Fair Value on Non-recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other real estate owned $ 22,500 $ 20,100
Fair Value, Nonrecurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Individually analyzed loans held for investment 24,660 10,111
Other real estate owned 22,471 20,141
Repossessed asset Fair Value Disclosure 80 76
Total assets 47,211 30,328
Fair Value, Nonrecurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Individually analyzed loans held for investment 0 0
Other real estate owned 0 0
Repossessed asset Fair Value Disclosure 0 0
Total assets 0 0
Fair Value, Nonrecurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Individually analyzed loans held for investment 0 0
Other real estate owned 0 0
Repossessed asset Fair Value Disclosure 0 0
Total assets 0 0
Fair Value, Nonrecurring | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Individually analyzed loans held for investment 24,660 10,111
Other real estate owned 22,471 20,141
Repossessed asset Fair Value Disclosure 80 76
Total assets $ 47,211 $ 30,328
v3.25.2
Fair Value Disclosures - Assets, Liabilities and Off-balance Sheet Items Not Measured at Fair Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Held-to-maturity securities $ 113,166 $ 115,007
Deposits:    
Time deposits 1,500,959 1,453,706
Subordinated notes 149,511 149,261
Estimate of Fair Value Measurement    
Assets:    
Cash and short-term interest-earning assets 160,365 328,844
Held-to-maturity securities 113,166 115,007
Net loans and leases held for investment 6,627,734 6,586,054
Servicing rights 11,424 12,710
Total assets 6,912,689 7,042,615
Deposits:    
Demand and savings deposits, non-maturity 5,081,701 5,305,553
Time deposits 1,502,566 1,458,774
Total deposits 6,584,267 6,764,327
Short-term borrowings 6,271 11,181
Long-term debt 201,508 225,475
Subordinated notes 150,000 147,500
Total liabilities 6,942,046 7,148,483
Estimate of Fair Value Measurement | Level 1    
Assets:    
Cash and short-term interest-earning assets 160,365 328,844
Held-to-maturity securities 0 0
Net loans and leases held for investment 0 0
Servicing rights 0 0
Total assets 160,365 328,844
Deposits:    
Demand and savings deposits, non-maturity 5,081,701 5,305,553
Time deposits 0 0
Total deposits 5,081,701 5,305,553
Short-term borrowings 6,271 11,181
Long-term debt 0 0
Subordinated notes 0 0
Total liabilities 5,087,972 5,316,734
Estimate of Fair Value Measurement | Level 2    
Assets:    
Cash and short-term interest-earning assets 0 0
Held-to-maturity securities 113,166 115,007
Net loans and leases held for investment 0 0
Servicing rights 0 0
Total assets 113,166 115,007
Deposits:    
Demand and savings deposits, non-maturity 0 0
Time deposits 1,502,566 1,458,774
Total deposits 1,502,566 1,458,774
Short-term borrowings 0 0
Long-term debt 201,508 225,475
Subordinated notes 150,000 147,500
Total liabilities 1,854,074 1,831,749
Estimate of Fair Value Measurement | Level 3    
Assets:    
Cash and short-term interest-earning assets 0 0
Held-to-maturity securities 0 0
Net loans and leases held for investment 6,627,734 6,586,054
Servicing rights 11,424 12,710
Total assets 6,639,158 6,598,764
Deposits:    
Demand and savings deposits, non-maturity 0 0
Time deposits 0 0
Total deposits 0 0
Short-term borrowings 0 0
Long-term debt 0 0
Subordinated notes 0 0
Total liabilities 0 0
Carrying Amount    
Assets:    
Cash and short-term interest-earning assets 160,365 328,844
Held-to-maturity securities 128,455 134,111
Federal Home Loan Bank, Federal Reserve Bank and other stock 36,482 38,980
Net loans and leases held for investment 6,689,536 6,729,381
Servicing rights 6,909 6,990
Total assets 7,021,747 7,238,306
Deposits:    
Demand and savings deposits, non-maturity 5,081,701 5,305,553
Time deposits 1,500,959 1,453,706
Total deposits 6,582,660 6,759,259
Short-term borrowings 6,271 11,181
Long-term debt 200,000 225,000
Subordinated notes 149,511 149,261
Total liabilities $ 6,938,442 $ 7,144,701
v3.25.2
Segment Reporting - Schedule of Segment Reporting (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting [Abstract]        
Reportable business segments | segment     3  
Segment Reporting Information [Line Items]        
Interest income $ 105,706 $ 99,832 $ 209,122 $ 198,441
Interest expense 46,165 48,805 92,800 95,947
Net interest income 59,541 51,027 116,322 102,494
Noninterest income 21,501 20,980 43,916 46,575
Total revenue 81,042 72,007 160,238 149,069
Provision for credit losses 5,694 707 8,005 2,139
Salaries, benefits and commissions 31,536 30,187 62,362 61,525
Net occupancy 2,739 2,679 5,592 5,551
Equipment 1,043 1,088 2,165 2,199
Data processing 4,408 4,161 8,772 8,656
Professional fees 1,597 1,466 3,394 3,154
Marketing and advertising 498 715 851 1,131
Deposit insurance premiums 1,074 1,098 2,225 2,233
Intangible expenses 131 188 261 375
Other segment items (2) 7,306 7,126 14,038 13,958
Income (loss) before tax amount 25,016 22,592 52,573 48,148
Income tax expense 5,038 4,485 10,200 9,736
Net Income (Loss) Attributable to Noncontrolling Interest 19,978 18,107 42,373 38,412
Net capital expenditures 1,122 807 2,987 (593)
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Total revenue [1] (6,459) (5,890) (13,578) (11,515)
Other        
Segment Reporting Information [Line Items]        
Interest income 0 9 0 18
Interest expense 2,282 2,282 4,563 4,563
Net interest income (2,282) (2,273) (4,563) (4,545)
Noninterest income 40 28 75 23
Total revenue (2,242) (2,245) (4,488) (4,522)
Provision for credit losses 0 0 0 0
Salaries, benefits and commissions 5,068 4,304 9,413 8,883
Net occupancy 275 190 539 332
Equipment 117 68 217 127
Data processing 1,305 543 2,600 1,088
Professional fees 795 509 1,679 1,325
Marketing and advertising 123 316 277 576
Deposit insurance premiums 0 0 0 0
Intangible expenses 0 0 0 0
Other segment items (2) [2] 875 1,111 1,672 2,101
Income (loss) before tax amount (4,341) (3,396) (7,307) (7,439)
Income tax expense (901) (783) (1,764) (1,592)
Net Income (Loss) Attributable to Noncontrolling Interest (3,440) (2,613) (5,543) (5,847)
Net capital expenditures 236 59 598 107
Banking1 [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Interest income 105,691 99,804 209,091 198,386
Interest expense 43,883 46,523 88,237 91,384
Net interest income 61,808 53,281 120,854 107,002
Noninterest income 8,524 9,014 16,165 19,973
Total revenue 70,332 62,295 137,019 126,975
Provision for credit losses 5,694 707 8,005 2,139
Salaries, benefits and commissions 18,379 17,967 36,828 37,132
Net occupancy 2,182 2,253 4,470 4,742
Equipment 889 986 1,876 2,006
Data processing 2,585 3,109 5,157 6,580
Professional fees 600 837 1,176 1,527
Marketing and advertising 335 320 494 433
Deposit insurance premiums 1,074 1,098 2,225 2,233
Intangible expenses 49 79 96 157
Other segment items (2) [2] 5,717 5,138 10,906 10,218
Income (loss) before tax amount 26,617 24,086 52,701 48,644
Income tax expense 5,368 4,734 10,444 9,692
Net Income (Loss) Attributable to Noncontrolling Interest 21,249 19,352 42,257 38,952
Net capital expenditures 860 685 2,350 (778)
Banking1 [Member] | Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Total revenue [1] 6,211 5,715 13,085 11,164
Wealth Management [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Interest income 15 19 31 37
Interest expense 0 0 0 0
Net interest income 15 19 31 37
Noninterest income 7,667 6,752 15,500 14,105
Total revenue 7,682 6,771 15,531 14,142
Provision for credit losses 0 0 0 0
Salaries, benefits and commissions 4,502 4,547 8,858 8,689
Net occupancy 128 79 250 159
Equipment 10 11 20 20
Data processing 374 376 727 729
Professional fees 187 111 510 270
Marketing and advertising 30 74 58 106
Deposit insurance premiums 0 0 0 0
Intangible expenses 0 0 0 0
Other segment items (2) [2] 544 694 1,074 1,309
Income (loss) before tax amount 1,776 827 3,775 2,756
Income tax expense 358 298 764 711
Net Income (Loss) Attributable to Noncontrolling Interest 1,418 529 3,011 2,045
Net capital expenditures 2 5 9 11
Wealth Management [Member] | Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Total revenue [1] 131 52 259 104
Insurance [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Interest income 0 0 0 0
Interest expense 0 0 0 0
Net interest income 0 0 0 0
Noninterest income 5,270 5,186 12,176 12,474
Total revenue 5,270 5,186 12,176 12,474
Provision for credit losses 0 0 0 0
Salaries, benefits and commissions 3,587 3,369 7,263 6,821
Net occupancy 154 157 333 318
Equipment 27 23 52 46
Data processing 144 133 288 259
Professional fees 15 9 29 32
Marketing and advertising 10 5 22 16
Deposit insurance premiums 0 0 0 0
Intangible expenses 82 109 165 218
Other segment items (2) [2] 170 183 386 330
Income (loss) before tax amount 964 1,075 3,404 4,187
Income tax expense 213 236 756 925
Net Income (Loss) Attributable to Noncontrolling Interest 751 839 2,648 3,262
Net capital expenditures 24 58 30 67
Insurance [Member] | Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Total revenue [1] $ 117 $ 123 $ 234 $ 247
[1]
(3) Includes an allocation of general and administrative expenses from both the parent holding company and the Bank.
[2]
(2) Other segment items for each reportable segment includes:
Banking - loan and lease financing related fees, deposit and card service fees, and certain overhead expenses.
Wealth Management - referral fees, clearing broker fees, and certain overhead expenses.
Insurance - certain overhead expenses.
Other - Board of Director fees, retirement costs, and certain overhead expenses.
v3.25.2
Segment Reporting - Schedule of Significant Components of Segment Net Assets - (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]        
Cash and cash equivalents $ 160,365 $ 328,844 $ 190,911 $ 249,799
Loans and leases, including loans held for sale, net of allowance for credit losses 6,731,970 6,756,145    
Goodwill 175,510 175,510    
Other Assets 871,211 867,918    
Total segment assets 7,939,056 8,128,417    
Other        
Segment Reporting Information [Line Items]        
Cash and cash equivalents 0 0    
Loans and leases, including loans held for sale, net of allowance for credit losses 0 0    
Goodwill 0 0    
Other Assets 24,230 22,246    
Total segment assets 24,230 22,246    
Banking1 [Member]        
Segment Reporting Information [Line Items]        
Goodwill 138,476 138,476    
Banking1 [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Cash and cash equivalents 74,289 247,023    
Loans and leases, including loans held for sale, net of allowance for credit losses 6,731,970 6,756,145    
Goodwill 138,476 138,476    
Other Assets 841,531 839,359    
Total segment assets 7,786,266 7,981,003    
Wealth Management [Member]        
Segment Reporting Information [Line Items]        
Goodwill 15,434 15,434    
Wealth Management [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Cash and cash equivalents 51,968 50,149    
Loans and leases, including loans held for sale, net of allowance for credit losses 0 0    
Goodwill 15,434 15,434    
Other Assets 2,606 3,485    
Total segment assets 70,008 69,068    
Insurance [Member]        
Segment Reporting Information [Line Items]        
Goodwill 21,600 21,600    
Insurance [Member] | Operating Segments        
Segment Reporting Information [Line Items]        
Cash and cash equivalents 34,108 31,672    
Loans and leases, including loans held for sale, net of allowance for credit losses 0 0    
Goodwill 21,600 21,600    
Other Assets 2,844 2,828    
Total segment assets $ 58,552 $ 56,100