Loans (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of Loans by Loan Classification

Major classifications of loans at the dates indicated were as follows:

(Dollars in thousands)	June 30, 2020			December 31, 2019
Commercial real estate	$	1,471,586		$	1,394,179
Commercial and industrial	454,455			501,227
Commercial construction	404,008			317,477
SBA Paycheck Protection Program	505,557			—
Total commercial loans	2,835,606			2,212,883
Residential mortgages	261,786			247,373
Home equity	88,157			98,252
Consumer	9,174			10,054
Total retail loans	359,117			355,679
Gross loans	3,194,723			2,568,562
Deferred loan origination fees, net	(3,183		)	(3,103		)
Deferred PPP fees	(15,398		)	—
Total loans	3,176,142			2,565,459
Allowance for loan losses	(42,324		)	(33,614		)
Net loans	$	3,133,818		$	2,531,845

Schedule of Loans Pledged as Collateral

Loans designated as qualified collateral and pledged to the FHLB for borrowing capacity as of the dates indicated are summarized below:

(Dollars in thousands)	June 30, 2020		December 31, 2019
Commercial real estate	$	224,432	$	246,865
Residential mortgages	236,653		231,028
Home equity	7,380		7,676
Total loans pledged to FHLB	$	468,465	$	485,569