Composition of Net Loans Held for Investment by Class |
The composition of net loans held for investment by class as of June 30, 2017 and December 31, 2016 are as follows:
|
|
June 30, 2017 |
|
|
December 31, 2016 |
|
|
|
(dollars in thousands) |
|
Commercial |
|
|
|
|
|
|
|
|
Commercial |
|
$ |
57,223 |
|
|
$ |
55,752 |
|
Real estate - commercial |
|
|
117,742 |
|
|
|
109,752 |
|
Other real estate construction loans |
|
|
31,143 |
|
|
|
26,718 |
|
Noncommercial |
|
|
|
|
|
|
|
|
Real estate 1-4 family construction |
|
|
5,119 |
|
|
|
5,625 |
|
Real estate - residential |
|
|
79,420 |
|
|
|
81,700 |
|
Home equity |
|
|
50,087 |
|
|
|
50,815 |
|
Consumer loans |
|
|
9,808 |
|
|
|
9,711 |
|
Other loans |
|
|
2,633 |
|
|
|
1,687 |
|
|
|
|
353,175 |
|
|
|
341,760 |
|
Less: |
|
|
|
|
|
|
|
|
Allowance for loan losses |
|
|
(2,551 |
) |
|
|
(2,707 |
) |
Deferred loan (fees) costs, net |
|
|
4 |
|
|
|
69 |
|
|
|
|
|
|
|
|
|
|
Loans held for investment, net |
|
$ |
350,628 |
|
|
$ |
339,122 |
|
|