Loans (Tables)

9 Months Ended

Sep. 30, 2020

Loans and Leases Receivable, Net Amount [Abstract]

Summary Of Major Classifications For Loans

The following summarizes the Company’s major classifications for loans (in thousands):

	September 30, 2020		December 31, 2019
Commercial and industrial	383,980		308,015
1-4 Family	114,071		N/R
Hotels	295,989		N/R
Multi-family	214,394		N/R
Non Residential Non-Owner Occupied	628,814		N/R
Non Residential Owner Occupied	211,433		N/R
Commercial real estate	1,464,701		1,459,737
Residential real estate	1,621,265		1,640,396
Home equity	140,135		148,928
Consumer	50,541		54,263
DDA overdrafts	3,344		4,760
Gross loans	3,663,966		3,616,099
Allowance for credit losses	(24,867)		(11,589)
Net loans	$	3,639,099	$	3,604,510
Construction loans included in:
Residential real estate	$	28,947	$	29,033
Commercial real estate	42,449		64,049
N/R = Not reported. Results for reporting periods beginning after January 1, 2020 are presented under ASC 326, while prior period amounts continue to be reported in accordance with previously applicable GAAP.