| Summary of Major Classifications for Loans |
The following table summarizes the Company’s major classifications for loans (in thousands): | | | | | | | | | | September 30, 2026 | December 31, 2025 | | Commercial and industrial | $ | 474,251 | | $ | 453,975 | | | | | | 1-4 Family | 226,367 | | 210,232 | | | Hotels | 403,794 | | 398,608 | | | Multi-family | 230,172 | | 237,424 | | | Non Residential Non-Owner Occupied | 772,072 | | 767,580 | | | Non Residential Owner Occupied | 250,683 | | 253,398 | | | Commercial real estate | 1,883,088 | | 1,867,242 | | | | | | Residential real estate | 1,915,322 | | 1,910,060 | | | Home equity | 239,264 | | 224,701 | | | Consumer | 38,215 | | 47,353 | | | Gross loans | 4,550,140 | | 4,503,331 | | | Allowance for credit losses | (19,624) | | (19,329) | | | Net loans | $ | 4,530,516 | | $ | 4,484,002 | | | | | | Construction loans included in: | | | | Commercial real estate | $ | 46,948 | | $ | 35,781 | | | Residential real estate | 12,753 | | 9,907 | |
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