| Summary of Major Classifications for Loans |
The following table summarizes the Company’s major classifications for loans (in thousands): | | | | | | | | | | June 30, 2026 | December 31, 2025 | | Commercial and industrial | $ | 454,122 | | $ | 453,975 | | | | | | 1-4 Family | 223,301 | | 210,232 | | | Hotels | 396,079 | | 398,608 | | | Multi-family | 231,946 | | 237,424 | | | Non Residential Non-Owner Occupied | 765,358 | | 767,580 | | | Non Residential Owner Occupied | 253,471 | | 253,398 | | | Commercial real estate | 1,870,155 | | 1,867,242 | | | | | | Residential real estate | 1,906,534 | | 1,910,060 | | | Home equity | 231,057 | | 224,701 | | | Consumer | 39,906 | | 47,353 | | | Gross loans | 4,501,774 | | 4,503,331 | | | Allowance for credit losses | (19,839) | | (19,329) | | | Net loans | $ | 4,481,935 | | $ | 4,484,002 | | | | | | Construction loans included in: | | | | Commercial real estate | $ | 43,363 | | $ | 35,781 | | | Residential real estate | 11,144 | | 9,907 | |
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