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LOANS (Tables)
3 Months Ended
Mar. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]  
Composition of Net Loans Receivable
The composition of net loans receivable at March 31, 2019 and December 31, 2018 is as follows:
(Dollars in thousands)
March 31, 2019
 
December 31, 2018
 
 

 
 

Commercial and industrial
$
93,567

 
$
81,709

Construction
120,340

 
142,321

Commercial real estate
929,091

 
878,449

Residential real estate
369,100

 
370,955

Consumer and other
2,654

 
2,393

Total loans receivable
1,514,752

 
1,475,827

Unearned net loan origination fees
(1,107
)
 
(1,052
)
Allowance for loan losses
(9,190
)
 
(8,775
)
Net loans receivable
$
1,504,455

 
$
1,466,000

Schedule of Changes in Accretable Yield
The following table presents changes in the accretable yield for PCI loans:

(Dollars in thousands)
 
Three months ended March 31, 2019
 
Three months ended March 31, 2018
Accretable yield, beginning balance
 
$
539

 
$

Acquisition of impaired loans
 

 
846

Accretable yield amortized to interest income
 
(79
)
 
(77
)
Reclassification from non-accretable difference
 

 

Accretable yield, ending balance
 
$
460

 
$
769