Selected Financial Data (unaudited)

At or For the
Three Months Ended

At or For the
Nine Months Ended

September 30,
2026

June 30,
2026

September 30,
2025

September 30,
2026

September 30,
2025

Financial Condition Data:

(Dollars in Thousands)

Loans, net of allowance for credit losses

$

2,242,028

$

2,219,766

$

2,252,679

$

2,242,028

$

2,252,679

Total assets

2,962,416

2,874,485

2,874,964

2,962,416

2,874,964

Deposits

2,574,083

2,448,460

2,435,202

2,574,083

2,435,202

Total retained earnings

187,391

189,196

179,075

187,391

179,075

Performance Ratios:

Return on average assets ⁽¹⁾

0.60

%

0.48

%

0.41

%

0.42

%

0.14

%

Return on average equity ⁽¹⁾

9.32

%

7.41

%

2.35

%

6.52

%

2.44

%

Interest rate spread ⁽²⁾

3.03

%

2.80

%

2.44

%

2.79

%

2.29

%

Net interest margin ⁽¹⁾⁽³⁾

3.42

%

3.21

%

2.87

%

3.20

%

2.72

%

Noninterest expense to average assets ⁽¹⁾

4.08

%

4.25

%

4.01

%

4.14

%

3.88

%

Efficiency ratio ⁽⁴⁾

84.25

%

86.49

%

90.70

%

86.85

%

89.99

%

Average interest-earning assets to average interest-
bearing liabilities

121.57

%

121.07

%

120.02

%

121.13

%

118.47

%

Loans to deposits ratio

88.40

%

92.05

%

93.94

%

88.40

%

93.94

%

Capital Ratios:

Average equity to average assets

6.58

%

6.56

%

6.10

%

6.55

%

5.96

%

Asset Quality Ratios:

Allowance for credit losses on loans as a percentage
of total loans

1.31

%

1.34

%

1.36

%

1.31

%

1.36

%

Allowance for credit losses on loans as a percentage of
non-performing loans

84.85

%

70.78

%

480.80

%

84.85

%

480.80

%

Net (charge-offs) recoveries to average outstanding loans
during the period ⁽¹⁾

(0.03)

%

(0.16)

%

(0.09)

%

(0.09)

%

(0.08)

%

Non-performing loans as a percentage of total loans

1.55

%

1.90

%

0.28

%

1.55

%

0.28

%

Non-performing loans as a percentage of total assets

1.19

%

1.49

%

0.23

%

1.19

%

0.23

%

Total non-performing assets as a percentage of total
assets

1.19

%

1.49

%

0.23

%

1.19

%

0.23

%

(1)

Annualized for the three-month and nine-month periods.

(2)

Represents the difference between the weighted average yield on interest-earning assets and the weighted average cost of  interest-bearing liabilities.

(3)

Represents net interest income as a percentage of average interest-earning assets.

(4)

Represents operating expenses divided by the sum of net interest income and other income.

Consolidated Balance Sheets (Unaudited)

September 30,
2026

June 30,
2026

December 31,
2025

September 30,
2025

(In thousands)

Assets

Cash and cash equivalents

$

97,987

$

52,748

$

38,519

$

55,776

Securities available for sale, at fair value

390,202

359,819

342,292

334,465

Marketable equity securities, at fair value

2,427

2,378

2,188

2,107

Federal Home Loan Bank stock, at cost

3,389

5,082

5,787

5,441

Loans held for sale, at fair value

10,559

20,036

21,262

18,210

 Loans, net of allowance for credit losses of $29,843 at
   September 30, 2026, $30,254 at June 30, 2026, $29,078 at
   December 31, 2025 and $31,116 at September 30, 2025

2,242,028

2,219,766

2,236,274

2,252,679

Mortgage servicing rights, net

14,662

14,644

13,991

14,614

Bank-owned life insurance

43,402

43,346

40,962

40,583

Premises and equipment, net

40,598

40,869

40,701

40,942

Accrued interest receivable

10,266

9,929

10,034

9,839

Net deferred tax asset

9,576

7,460

5,841

8,653

Goodwill and other intangible assets

27,699

27,861

28,186

28,444

Equity method investments

14,447

14,439

14,196

13,853

Right of use lease asset

9,331

9,603

10,041

10,332

Other assets

45,843

46,505

48,302

39,026

Total assets

$

2,962,416

$

2,874,485

$

2,858,576

$

2,874,964

Liabilities and Retained Earnings

Non-interest bearing deposits

$

541,193

$

435,538

$

394,297

$

412,970

Interest bearing deposits

2,032,890

2,012,922

2,029,009

2,022,232

Short-term borrowings

45,157

85,000

97,533

95,000

Long-term borrowings

313

490

530

550

Subordinated debt

94,784

94,737

94,578

109,482

Lease liability

9,566

9,830

10,257

10,536

Other liabilities

51,122

46,772

45,526

45,119

Total liabilities

2,775,025

2,685,289

2,671,730

2,695,889

Retained earnings

198,538

194,113

189,395

186,582

Accumulated other comprehensive loss

(11,147)

(4,917)

(2,549)

(7,507)

Total retained earnings

187,391

189,196

186,846

179,075

Total liabilities and retained earnings

$

2,962,416

$

2,874,485

$

2,858,576

$

2,874,964

Consolidated Statements of Net Income (Unaudited)

Three Months Ended

Nine Months Ended

September 30,
2026

June 30,
2026

September 30,
2025

September 30,
2026

September 30,
2025

(In thousands)

Interest and dividend income:

Interest and fees on loans

$

33,061

$

31,880

$

33,057

$

96,423

$

98,686

Interest on debt securities

3,421

3,005

2,484

9,209

6,790

Dividend income

99

118

210

331

703

Interest on cash and cash equivalents

183

141

586

365

1,397

Total interest and dividend income

36,764

35,144

36,337

106,328

107,576

Interest expense:

Interest on deposits

11,480

11,175

12,852

34,057

38,773

Interest on borrowings

601

873

2,053

2,750

7,322

Interest on subordinated debt

1,886

1,722

1,917

5,185

5,738

Total interest expense

13,967

13,770

16,822

41,992

51,833

Net interest income

22,797

21,374

19,515

64,336

55,743

(Benefit) provision for credit losses

(250)

800

1,860

2,250

5,760

Net interest income, after (benefit) provision for credit losses

23,047

20,574

17,655

62,086

49,983

Other income:

Customer service fees

2,790

2,781

2,736

8,309

7,850

Net loan servicing (expense) fee income

101

(148)

(419)

(999)

(262)

Trust department fees

1,693

1,620

1,550

4,948

4,512

Insurance and brokerage commissions

3,617

3,703

3,205

11,390

11,079

Gain (loss) on securities available for sale, net

3

—

—

206

(20)

Gain on marketable equity securities

49

130

118

238

68

Gain (loss) on sales of portfolio loans

113

(323)

(1,038)

(663)

(1,865)

Mortgage banking income

4,128

4,456

5,741

13,302

13,868

Bank-owned life insurance income

55

1,440

737

1,375

1,743

Miscellaneous

238

280

499

924

2,088

Total other income

12,787

13,939

13,129

39,030

39,061

Operating expenses:

Salaries and employee benefits

19,604

20,797

18,830

59,465

54,930

Occupancy and equipment

3,659

3,562

3,504

11,338

10,616

Professional fees

810

839

814

2,478

2,365

Data processing

1,243

1,270

1,148

3,701

3,436

Advertising costs

560

609

532

1,777

1,711

Deposit insurance

677

703

671

2,077

2,056

Amortization of intangible assets

162

162

258

487

763

Other general and administrative

3,266

2,601

3,852

8,456

9,442

Total operating expenses

29,981

30,543

29,609

89,779

85,319

Income before income taxes

5,853

3,970

1,175

11,337

3,725

Provision for income taxes

1,429

500

112

2,195

539

Net income

$

4,424

$

3,470

$

1,063

$

9,142

$

3,186

Average Balances and Yields (unaudited)

Average Balances

Average
Yield/Rate⁽¹⁾

For the Three Months Ended

For the Three Months Ended

September 30,
2026

June 30,
2026

September 30,
2025

September 30,
2026

June 30,
2026

September 30,
2025

(Dollars in thousands)

Interest-earning assets:

Loans

$

2,266,552

$

2,278,673

$

2,316,795

5.83

%

5.60

%

5.71

%

Debt securities

351,187

354,823

328,664

3.90

%

3.39

%

3.02

%

Equity securities and mutual funds

5,488

6,669

10,564

7.21

%

7.09

%

7.99

%

Cash equivalents

40,823

26,880

64,543

1.76

%

2.08

%

3.55

%

Total interest-earning assets

2,664,050

2,667,045

2,720,566

5.52

%

5.27

%

5.34

%

Noninterest-earning assets

236,643

201,110

198,982

Total assets

$

2,900,693

$

2,868,155

$

2,919,548

Interest-bearing liabilities:

NOW accounts

$

378,600

$

389,967

$

369,531

1.16

%

1.22

%

1.33

%

Savings accounts

286,841

290,338

291,606

0.19

%

0.20

%

0.22

%

Money market accounts

900,355

853,484

781,411

2.93

%

2.91

%

3.36

%

Certificates of deposit

470,449

485,383

532,464

3.02

%

3.03

%

3.61

%

Total interest-bearing deposits

2,036,245

2,019,172

1,975,012

2.24

%

2.22

%

2.58

%

Borrowings:

Other Borrowings

60,423

89,024

182,368

3.89

%

3.88

%

4.41

%

Subordinated debt

94,753

94,701

109,418

7.79

%

7.19

%

6.85

%

Total interest-bearing liabilities

2,191,421

2,202,897

2,266,798

2.49

%

2.47

%

2.90

%

Noninterest-bearing liabilities:

Demand deposits

468,751

430,745

427,145

Other

49,675

46,336

47,437

Total liabilities

2,709,847

2,679,978

2,741,380

Retained earnings

190,846

188,177

178,168

Total liabilities and retained earnings

$

2,900,693

$

2,868,155

$

2,919,548

Net interest rate spread ⁽²⁾

3.03

%

2.80

%

2.44

%

Net interest-earning assets ⁽³⁾

$

472,629

$

464,148

$

453,768

Net interest margin ⁽⁴⁾

3.42

%

3.21

%

2.87

%

(1)

Annualized.

(2)

Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.

(3)

Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.

(4)

Net interest margin represents net interest income divided by average total interest-earning assets.

Average Balances and Yields (unaudited)

Average Balances

Average Yield/Rate⁽¹⁾

For the Nine Months Ended

For the Nine Months Ended

September 30,
2026

September 30,
2025

September 30,
2026

September 30,
2025

(Dollars in thousands)

Interest-earning assets:

Loans

$

2,284,919

$

2,349,954

5.63

%

5.60

%

Debt securities

360,481

316,518

3.41

%

2.86

%

Equity securities and mutual funds

6,677

12,104

6.61

%

7.75

%

Cash equivalents

28,934

54,347

1.67

%

3.39

%

Total interest-earning assets

2,681,011

2,732,923

5.29

%

5.25

%

Noninterest-earning assets

204,028

201,378

Total assets

$

2,885,039

$

2,934,301

Interest-bearing liabilities:

NOW accounts

$

387,548

$

381,692

1.20

%

1.36

%

Savings accounts

288,539

293,051

0.20

%

0.22

%

Money market accounts

863,962

757,147

2.91

%

3.40

%

Certificates of deposit

488,426

542,397

3.10

%

3.74

%

Total interest-bearing deposits

2,028,475

1,974,287

2.24

%

2.63

%

Borrowings:

Other Borrowings

90,190

223,249

4.02

%

4.32

%

Subordinated debt

94,689

109,323

7.22

%

6.92

%

Total interest-bearing liabilities

2,213,354

2,306,859

2.50

%

2.96

%

Noninterest-bearing liabilities

Demand deposits

435,310

406,664

Other

47,407

45,963

Total liabilities

2,696,071

2,759,486

Retained earnings

188,968

174,815

Total liabilities and retained earnings

$

2,885,039

$

2,934,301

Net interest rate spread ⁽²⁾

2.79

%

2.29

%

Net interest-earning assets ⁽³⁾

$

467,657

$

426,064

Net interest margin ⁽⁴⁾

3.20

%

2.72

%

(1)

Annualized.

(2)

Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.

(3)

Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.

(4)

Net interest margin represents net interest income divided by average total interest-earning assets.