LOANS

6 Months Ended

Jun. 30, 2022

Receivables [Abstract]

LOANS

LOANS

(dollars in thousands)	June 30, 2022				December 31, 2021
Commercial and industrial loans:
Working capital lines of credit loans	$	726,798	16.4	%	$	652,861	15.2	%
Non-working capital loans	802,994		18.2		736,608		17.2
Total commercial and industrial loans	1,529,792		34.6		1,389,469		32.4
Commercial real estate and multi-family residential loans:
Construction and land development loans	418,284		9.4		379,813		8.9
Owner occupied loans	726,531		16.4		739,371		17.2
Nonowner occupied loans	635,477		14.4		588,458		13.7
Multifamily loans	173,875		3.9		247,204		5.8
Total commercial real estate and multi-family residential loans	1,954,167		44.1		1,954,846		45.6
Agri-business and agricultural loans:
Loans secured by farmland	194,248		4.4		206,331		4.8
Loans for agricultural production	193,654		4.4		239,494		5.6
Total agri-business and agricultural loans	387,902		8.8		445,825		10.4
Other commercial loans:	93,157		2.1		73,490		1.7
Total commercial loans	3,965,018		89.6		3,863,630		90.1
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans	190,988		4.3		176,561		4.1
Open end and junior lien loans	172,449		3.9		156,238		3.6
Residential construction and land development loans	10,075		0.2		11,921		0.3
Total consumer 1-4 family mortgage loans	373,512		8.4		344,720		8.0
Other consumer loans	88,683		2.0		82,755		1.9
Total consumer loans	462,195		10.4		427,475		9.9
Subtotal	4,427,213		100.0	%	4,291,105		100.0	%
Less: Allowance for credit losses	(67,523)				(67,773)
Net deferred loan fees	(2,514)				(3,264)
Loans, net	$	4,357,176			$	4,220,068

The recorded investment in loans does not include accrued interest, which totaled $11.0 million and $10.0 million at June 30, 2022 and December 31, 2021, respectively.

The Company had $320,000 and $350,000 in residential real estate loans in the process of foreclosure as of June 30, 2022 and December 31, 2021, respectively.