| Summary of Major Classifications for Loans |
The following table summarizes the Company’s major classifications for loans (in thousands): | | | | | | | | | | March 31, 2026 | December 31, 2025 | | Commercial and industrial | $ | 441,617 | | $ | 453,975 | | | | | | 1-4 Family | 221,165 | | 210,232 | | | Hotels | 395,857 | | 398,608 | | | Multi-family | 227,687 | | 237,424 | | | Non Residential Non-Owner Occupied | 772,778 | | 767,580 | | | Non Residential Owner Occupied | 251,382 | | 253,398 | | | Commercial real estate | 1,868,869 | | 1,867,242 | | | | | | Residential real estate | 1,913,389 | | 1,910,060 | | | Home equity | 224,723 | | 224,701 | | | Consumer | 42,994 | | 47,353 | | | Demand deposit account (DDA) overdrafts | 4,106 | | 3,674 | | | Gross loans | 4,495,698 | | 4,507,005 | | | Allowance for credit losses | (19,713) | | (19,862) | | | Net loans | $ | 4,475,985 | | $ | 4,487,143 | | | | | | Construction loans included in: | | | | Commercial real estate | $ | 39,519 | | $ | 35,781 | | | Residential real estate | 9,612 | | 9,907 | |
|