4. Loans & Leases

Loans & leases as of December 31 consisted of the following:

(in thousands)	2019		2018
Commercial Real Estate	$	846,486	$	834,476
Agricultural Real Estate		625,767		584,625
Real Estate Construction		115,644		98,568
Residential 1st Mortgages		255,253		259,736
Home Equity Lines and Loans		39,270		40,789
Agricultural		292,904		290,463
Commercial		384,795		343,834
Consumer & Other		15,422		19,412
Leases		104,470		106,217
Total Gross Loans & Leases		2,680,011		2,578,120
Less: Unearned Income		6,984		6,879
Subtotal		2,673,027		2,571,241
Less: Allowance for Credit Losses		55,012		55,266
Loans & Leases, Net	$	2,618,015	$	2,515,975

At December 31, 2019, the portion of loans that were approved for pledging as collateral on borrowing lines with the Federal Home Loan Bank (“FHLB”) and the Federal Reserve Bank (“FRB”) were $793.5 million and $696.5 million, respectively. The borrowing capacity on these loans was $668.4 million from FHLB and $441.3 million from the FRB.