The composition of Net loans as of the balance sheet dates, by regulatory call report code segmentation based on underlying collateral or purpose for certain loan types, was as follows:


	June 30, 2026		December 31, 2025
Residential real estate	(Dollars in thousands)
Non-revolving residential real estate	$	455,932	$	445,199
Revolving residential real estate	31,650		29,075
Construction real estate
Commercial construction real estate	46,776		51,347
Residential construction real estate	52,290		52,478
Commercial real estate
Non-residential commercial real estate	366,191		345,900
Multi-family residential real estate	99,045		99,269
Commercial	30,493		31,159
Consumer	2,380		2,414
Municipal	32,072		117,893
Gross loans	1,116,829		1,174,734
Allowance for credit losses on loans	(8,390)		(8,407)
Net deferred loan costs	2,133		2,066
Net loans	$	1,110,572	$	1,168,393

The following table presents collateral dependent loans to borrowers experiencing financial difficulty by loan class and collateral type as of the balance sheet dates:


	June 30, 2026		December 31, 2025
	Real Estate			Real Estate
	(Dollars in thousands)
Residential real estate	$	612		$	629

Non-residential commercial real estate	16,515			15,492




Total	$	17,127		$	16,121