| Summary of Major Classifications for Loans |
The following table summarizes the Company’s major classifications for loans (in thousands): | | | | | | | | | | June 30, 2025 | December 31, 2024 | | Commercial and industrial | $ | 409,317 | | $ | 419,838 | | | | | | 1-4 Family | 199,400 | | 197,258 | | | Hotels | 380,496 | | 389,660 | | | Multi-family | 221,970 | | 240,943 | | | Non Residential Non-Owner Occupied | 740,104 | | 707,265 | | | Non Residential Owner Occupied | 236,935 | | 233,497 | | | Commercial real estate | 1,778,905 | | 1,768,623 | | | | | | Residential real estate | 1,884,449 | | 1,823,610 | | | Home equity | 207,906 | | 199,192 | | | Consumer | 52,795 | | 57,816 | | | Demand deposit account (DDA) overdrafts | 5,824 | | 5,697 | | | Gross loans | 4,339,196 | | 4,274,776 | | | Allowance for credit losses | (19,724) | | (21,922) | | | Net loans | $ | 4,319,472 | | $ | 4,252,854 | | | | | | Construction loans included in: | | | | Commercial real estate | 28,781 | | 24,681 | | | Residential real estate | $ | 6,416 | | $ | 7,547 | |
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