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Allowance For Loan Losses | 12 Months Ended
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Dec. 31, 2022
Receivables [Abstract] |
Allowance For Loan Losses | ALLOWANCE FOR CREDIT LOSSES The following table summarizes the activity in the allowance for credit losses, by portfolio loan classification, for the years ended December 31, 2022, 2021 and 2020 (in thousands). The allocation of a portion of the allowance in one portfolio segment does not preclude its availability to absorb losses in other portfolio segments.
| Beginning Balance | Charge-offs | Recoveries | Impact of adopting CECL | Provision for (recovery of) credit losses | Ending Balance
December 31, 2022 |  |  |  |  |  |
Commercial and industrial | $ | 3,480 |  | $ | (562) |  | $ | 334 |  | $ | — |  | $ | 316 |  | $ | 3,568 |
1-4 Family | 598 |  | (55) |  | 160 |  | — |  | (137) |  | 566 |
Hotels | 2,426 |  | — |  | — |  | — |  | (94) |  | 2,332 |
Multi-family | 483 |  | — |  | — |  | — |  | (103) |  | 380 |
Non Residential Non-Owner Occupied | 2,319 |  | — |  | 47 |  | — |  | (347) |  | 2,019 |
Non Residential Owner Occupied | 1,485 |  | — |  | — |  | — |  | (170) |  | 1,315 |
Commercial real estate | 7,311 |  | (55) |  | 207 |  | — |  | (851) |  | 6,612 |
Residential real estate | 5,716 |  | (265) |  | 99 |  | — |  | (123) |  | 5,427 |
Home equity | 517 |  | (279) |  | 56 |  | — |  | (4) |  | 290 |
Consumer | 106 |  | (63) |  | 107 |  | — |  | (40) |  | 110 |
DDA overdrafts | 1,036 |  | (2,624) |  | 1,513 |  | — |  | 1,176 |  | 1,101 |
| $ | 18,166 |  | $ | (3,848) |  | $ | 2,316 |  | $ | — |  | $ | 474 |  | $ | 17,108 |
December 31, 2021 |  |  |  |  |  |
Commercial and industrial | $ | 3,644 |  | $ | (245) |  | $ | 171 |  | $ | — |  | $ | (90) |  | $ | 3,480 |
1-4 Family | 771 |  | (311) |  | 125 |  | — |  | 13 |  | 598 |
Hotels | 4,088 |  | (2,075) |  | — |  | — |  | 413 |  | 2,426 |
Multi-family | 674 |  | — |  | — |  | — |  | (191) |  | 483 |
Non Residential Non-Owner Occupied | 3,223 |  | (1) |  | 45 |  | — |  | (948) |  | 2,319 |
Non Residential Owner Occupied | 2,241 |  | — |  | 54 |  | — |  | (810) |  | 1,485 |
Commercial real estate | 10,997 |  | (2,387) |  | 224 |  | — |  | (1,523) |  | 7,311 |
Residential real estate | 8,093 |  | (265) |  | 127 |  | — |  | (2,239) |  | 5,716 |
Home equity | 630 |  | (177) |  | 90 |  | — |  | (26) |  | 517 |
Consumer | 163 |  | (242) |  | 255 |  | — |  | (70) |  | 106 |
DDA Overdrafts | 1,022 |  | (2,151) |  | 1,382 |  | — |  | 783 |  | 1,036 |
| $ | 24,549 |  | $ | (5,467) |  | $ | 2,249 |  | $ | — |  | $ | (3,165) |  | $ | 18,166 |
| Beginning Balance | Charge-offs | Recoveries | Impact of adopting CECL | Provision for (recovery of) credit losses | Ending Balance
December 31, 2020 |  |  |  |  |  |
Commercial and industrial | 2,059 |  | (843) |  | 91 |  | 1,715 |  | 622 |  | 3,644 |
1-4 Family | — |  | (188) |  | 316 |  | 886 |  | (243) |  | 771 |
Hotels | 60 |  | (35) |  | 48 |  | 577 |  | 3,438 |  | 4,088 |
Multi-family | 121 |  | — |  | — |  | 343 |  | 210 |  | 674 |
Non Residential Non-Owner Occupied | 1,181 |  | (728) |  | 83 |  | 852 |  | 1,835 |  | 3,223 |
Non Residential Owner Occupied | 1,244 |  | (162) |  | 78 |  | 596 |  | 485 |  | 2,241 |
Commercial real estate | 2,606 |  | (1,113) |  | 525 |  | 3,254 |  | 5,725 |  | 10,997 |
Residential real estate | 3,448 |  | (1,250) |  | 184 |  | 2,139 |  | 3,572 |  | 8,093 |
Home equity | 1,187 |  | (420) |  | 136 |  | (598) |  | 325 |  | 630 |
Consumer | 975 |  | (192) |  | 238 |  | (810) |  | (48) |  | 163 |
DDA Overdrafts | 1,314 |  | (2,345) |  | 1,467 |  | 60 |  | 526 |  | 1,022 |
| $ | 11,589 |  | $ | (6,163) |  | $ | 2,641 |  | $ | 5,760 |  | $ | 10,722 |  | $ | 24,549 |
Management systematically monitors the loan portfolio and the appropriateness of the allowance for credit losses on a quarterly basis to provide for expected losses inherent in the portfolio. Management assesses the risk in each loan type based on histori cal trends, the general economic environment of its local markets, individual loan performance and other relevant factors. The Company's estimate of future economic conditions utilized in its provision estimate is primarily dependent on expected unemployment ranges over a two-year period. Beyond two years, a straight line reversion to historical average loss rates is applied over the life of the loan pool in the migration methodology. The vintage methodology applies future average loss rates based on net losses in historical periods where the unemployment rate was within the forecasted range. Individual credits in excess of $1 million are selected at least annually for detailed loan reviews, which are utilized by management to assess the risk in the portfolio and the appropriateness of the allowance. Non-Performing Loans The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of December 31, 2022 (in thousands):
| Non-accrual With No | Non-accrual With | Loans Past Due
| Allowance for | Allowance for | Over 90 Days
| Credit Losses | Credit Losses | Still Accruing
Commercial & Industrial | $ | — |  | $ | 1,015 |  | $ | — |
1-4 Family | — |  | 937 |  | — |
Hotels | — |  | 115 |  | — |
Multi-family | — |  | — |  | — |
Non Residential Non-Owner Occupied | — |  | 816 |  | — |
Non Residential Owner Occupied | — |  | 298 |  | — |
Commercial Real Estate | — |  | 2,166 |  | — |
Residential Real Estate | 228 |  | 1,741 |  | 164 |
Home Equity | — |  | 55 |  | — |
Consumer | — |  | — |  | 23 |
Total | $ | 228 |  | $ | 4,977 |  | $ | 187 |
The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 90 days still accruing as of December 31, 2021 (in thousands):
| Non-accrual With No | Non-accrual With | Loans Past Due
| Allowance for | Allowance for | Over 90 Days
| Credit Losses | Credit Losses | Still Accruing
Commercial & Industrial | $ | — |  | $ | 996 |  | $ | 43 |
1-4 Family | — |  | 1,016 |  | — |
Hotels | — |  | 113 |  | — |
Multi-family | — |  | — |  | — |
Non Residential Non-Owner Occupied | — |  | 652 |  | — |
Non Residential Owner Occupied | — |  | 592 |  | — |
Commercial Real Estate | — |  | 2,373 |  | — |
Residential Real Estate | 63 |  | 2,746 |  | — |
Home Equity | — |  | 40 |  | — |
Consumer | — |  | — |  | — |
Total | $ | 63 |  | $ | 6,155 |  | $ | 43 |
The Company recognized less than $0.1 million of interest income on nonaccrual loans during each of the years ended December 31, 2022, 2021 and 2020, respectively. The following presents the aging of the amortized cost basis in past-due loans as of December 31, 2022 and 2021 by class of loan (in thousands):
| December 31, 2022
| 30-59 Past Due | 60-89 Past Due | 90+ Past Due | Total Past Due | Current Loans | Non-accrual | Total Loans
Commercial and industrial | $ | 201 |  | $ | 33 |  | $ | — |  | $ | 234 |  | $ | 372,641 |  | $ | 1,015 |  | $ | 373,890 |
1-4 Family | 17 |  | — |  | — |  | 17 |  | 115,238 |  | 937 |  | 116,192 |
Hotels | — |  | — |  | — |  | — |  | 340,289 |  | 115 |  | 340,404 |
Multi-family | — |  | — |  | — |  | — |  | 174,786 |  | — |  | 174,786 |
Non Residential Non-Owner Occupied | — |  | — |  | — |  | — |  | 585,148 |  | 816 |  | 585,964 |
Non Residential Owner Occupied | 505 |  | 188 |  | — |  | 693 |  | 173,970 |  | 298 |  | 174,961 |
Commercial real estate | 522 |  | 188 |  | — |  | 710 |  | 1,389,431 |  | 2,166 |  | 1,392,307 |
Residential real estate | 6,843 |  | 84 |  | 164 |  | 7,091 |  | 1,684,463 |  | 1,969 |  | 1,693,523 |
Home equity | 622 |  | 28 |  | — |  | 650 |  | 133,612 |  | 55 |  | 134,317 |
Consumer | 52 |  | 25 |  | 23 |  | 100 |  | 48,706 |  | — |  | 48,806 |
Overdrafts | 386 |  | 5 |  | — |  | 391 |  | 3,024 |  | — |  | 3,415 |
Total | $ | 8,626 |  | $ | 363 |  | $ | 187 |  | $ | 9,176 |  | $ | 3,631,877 |  | $ | 5,205 |  | $ | 3,646,258 |
| December 31, 2021
| 30-59 Past Due | 60-89 Past Due | 90+ Past Due | Total Past Due | Current Loans | Non-accrual | Total Loans
Commercial and industrial | $ | 116 |  | $ | 177 |  | $ | 43 |  | $ | 336 |  | $ | 344,852 |  | $ | 996 |  | $ | 346,184 |
1-4 Family | 21 |  | — |  | — |  | 21 |  | 106,836 |  | 1,016 |  | 107,873 |
Hotels | — |  | — |  | — |  | — |  | 311,202 |  | 113 |  | 311,315 |
Multi-family | — |  | — |  | — |  | — |  | 215,677 |  | — |  | 215,677 |
Non Residential Non-Owner Occupied | — |  | — |  | — |  | — |  | 639,166 |  | 652 |  | 639,818 |
Non Residential Owner Occupied | — |  | — |  | — |  | — |  | 203,641 |  | 592 |  | 204,233 |
Commercial real estate | 21 |  | — |  | — |  | 21 |  | 1,476,522 |  | 2,373 |  | 1,478,916 |
Residential real estate | 5,166 |  | 156 |  | — |  | 5,322 |  | 1,540,834 |  | 2,809 |  | 1,548,965 |
Home equity | 592 |  | 26 |  | — |  | 618 |  | 121,687 |  | 40 |  | 122,345 |
Consumer | 59 |  | 1 |  | — |  | 60 |  | 40,841 |  | — |  | 40,901 |
Overdrafts | 485 |  | 4 |  | — |  | 489 |  | 6,014 |  | — |  | 6,503 |
Total | $ | 6,439 |  | $ | 364 |  | $ | 43 |  | $ | 6,846 |  | $ | 3,530,750 |  | $ | 6,218 |  | $ | 3,543,814 |
There were no individually evaluated impaired collateral-dependent loans as of December 31, 2022 or December 31, 2021. Changes in the fair value of the collateral for collateral-dependent loans are reported as credit loss expense or a reversal of credit loss expense in the period of change. Troubled Debt Restructurings ("TDRs") The following tables set forth the Company’s TDRs (in thousands):
| December 31, 2022 | December 31, 2021
Commercial and industrial | $ | 333 |  | $ | 414 |
1-4 Family | 102 |  | 112 |
Hotels | — |  | — |
Multi-family | — |  | 1,802 |
Non Residential Non-Owner Occupied | — |  | — |
Non Residential Owner Occupied | — |  | — |
Commercial real estate | 102 |  | 1,914 |
Residential real estate | 15,857 |  | 16,943 |
Home equity | 1,286 |  | 1,784 |
Consumer | 64 |  | 225 |
Total TDRs | $ | 17,642 |  | $ | 21,280 |
The Company has allocated $0.3 million of the allowance for credit losses for these loans as of both December 31, 2022 and December 31, 2021. As of December 31, 2022, the Company has not committed to lend any additional in relation to these loans. The Company had no material TDRs that defaulted during 2022. The Company had one TDR that defaulted and a partial charge-off of $2.1 million during 2021. The Company had no TDRs that subsequently defaulted in 2020. Most TDRs are reported due to filing Chapter 7 bankruptcy. Regulatory guidance requires that loans be accounted for as collateral-dependent loans when borrowers have filed Chapter 7 bankruptcy, the debt has been discharged by the bankruptcy court and the borrower has not reaffirmed the debt. The filing of bankruptcy is deemed to be evidence that the borrower is in financial difficulty and the discharge of debt by the bankruptcy court is deemed to be a concession granted to the borrower. The following table presents loans by class, modified as TDRs, that occurred during the years ended December 31, 2022, 2021 and 2020, respectively (dollars in thousands):
| New TDRs | New TDRs | New TDRs
| For the year ended | For the year ended | For the year ended
| December 31, 2022 | December 31, 2021 | December 31, 2020
| Pre | Post |  | Pre | Post |  | Pre | Post
| Modification | Modification |  | Modification | Modification |  | Modification | Modification
| Outstanding | Outstanding |  | Outstanding | Outstanding |  | Outstanding | Outstanding
Number of | Recorded | Recorded | Number of | Recorded | Recorded | Number of | Recorded | Recorded
Contracts | Investment | Investment | Contracts | Investment | Investment | Contracts | Investment | Investment
Commercial and industrial | — |  | $ | — |  | $ | — |  | 1 |  | $ | 430 |  | $ | 430 |  | — |  | $ | — |  | $ | — |
1-4 Family | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Hotels | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Multi-family | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Non Owner Non- Owner Occupied | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Non Owner Owner Occupied | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Commercial real estate | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Residential real estate | 15 |  | 1,588 |  | 1,588 |  | 14 |  | 1,130 |  | 1,130 |  | 29 |  | 2,724 |  | 2,720 |
Home equity | 1 |  | 30 |  | 30 |  | 2 |  | 45 |  | 45 |  | 3 |  | 94 |  | 94 |
Consumer | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | 16 |  | $ | 1,618 |  | $ | 1,618 |  | 17 |  | $ | 1,605 |  | $ | 1,605 |  | 32 |  | $ | 2,818 |  | $ | 2,814 |
The TDRs above increased the allowance for credit losses by less than $0.1 million for each of the years ended December 31, 2022, 2021 and 2020 and resulted in no significant charge-offs during those same time periods. COVID-19 Pandemic In March of 2020, in response to the COVID-19 pandemic, regulatory guidance was issued that clarified the accounting for loan modifications. Modifications of loan terms do not automatically result in a TDR. Short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extension of repayment terms, or other delays that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time the modification program was implemented. In addition, modifications or deferrals pursuant to the CARES Act do not represent TDRs. However, these deferrals do not absolve the company from performing its normal risk rating and therefore a loan could be current and have a less than satisfactory risk rating. Since March of 2020, the Company has granted deferrals of approximately $142 million to its mortgage customers. These deferral arrangements ranged from 30 days to 90 days. As of December 31, 2022, approximately $0.4 million of these loans were still deferring, while approximately $142 million have resumed making their normal loan payment. As of December 31, 2022, approximately $3.5 million of these deferrals were previously and currently considered TDRs due to Chapter 7 bankruptcies. Credit Quality Indicators All commercial loans within the portfolio are subject to internal risk rating. All non-commercial loans are evaluated based on payment history. The Company’s internal risk ratings for commercial loans are: Exceptional, Good, Acceptable, Pass/Watch, Special Mention, Substandard and Doubtful. Each internal risk rating is defined in the loan policy using the following criteria: balance sheet yields; ratios and leverage; cash flow spread and coverage; prior history; capability of management; market position/industry; potential impact of changing economic, legal, regulatory or environmental conditions; purpose; structure; collateral support; and guarantor support. Risk grades are generally assigned by the primary lending officer and are periodically evaluated by the Company’s internal loan review process. Based on an individual loan’s risk grade, estimated loss percentages are applied to the outstanding balance of the loan to determine the amount of expected loss. The Company categorizes loans into risk categories based on relevant information regarding the customer’s debt service ability, capacity and overall collateral position, along with other economic trends and historical payment performance. The risk rating for each credit is updated when the Company receives current financial information, the loan is reviewed by the Company’s internal loan review and credit administration departments, or the loan becomes delinquent or impaired. The risk grades are updated a minimum of annually for loans rated Exceptional, Good, Acceptable, or Pass/Watch. Loans rated Special Mention, Substandard or Doubtful are reviewed at least quarterly. The Company uses the following definitions for its risk ratings:
Risk Rating | Description
Pass Ratings: |
(a) Exceptional | Loans classified as exceptional are secured with liquid collateral conforming to the internal loan policy. Loans rated within this category pose minimal risk of loss to the bank.
(b) Good | Loans classified as good have similar characteristics that include a strong balance sheet, satisfactory debt service coverage ratios, strong management and/or guarantors, and little exposure to economic cycles. Loans in this category generally have a low chance of loss to the bank.
(c) Acceptable | Loans classified as acceptable have acceptable liquidity levels, adequate debt service coverage ratios, experienced management, and have average exposure to economic cycles. Loans within this category generally have a low risk of loss to the bank.
(d) Pass/watch | Loans classified as pass/watch have erratic levels of leverage and/or liquidity, cash flow is volatile and the borrower is subject to moderate economic risk. A borrower in this category poses a low to moderate risk of loss to the bank.
Special mention | Loans classified as special mention have a potential weakness(es) that deserves management’s close attention. The potential weakness could result in deterioration of the loan repayment or the bank’s credit position at some future date. A loan rated in this category poses a moderate loss risk to the bank.
Substandard | Loans classified as substandard reflect a customer with a well defined weakness that jeopardizes the liquidation of the debt. Loans in this category have the possibility that the bank will sustain some loss if the deficiencies are not corrected and the bank’s collateral value is weakened by the financial deterioration of the borrower.
Doubtful | Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristics that make collection of the full contract amount highly improbable. Loans rated in this category are most likely to cause the bank to have a loss due to a collateral shortfall or a negative capital position.
Based on the most recent analysis performed, the risk category of loans by class of loans at December 31, 2022 is as follows (in thousands). Retail and mortgage loans are considered performing if they are less than 90 days delinquent and non-performing if they are 90 days or more delinquent.
|  |  |  |  |  |  | Revolving |
| Term Loans | Loans |
| Amortized Cost Basis by Origination Year and Risk Level | Amortized |
| 2022 | 2021 | 2020 | 2019 | 2018 | Prior | Cost Basis | Total
Commercial and industrial |  |  |  |  |  |  |  |
Pass | $ | 51,268 |  | $ | 91,097 |  | $ | 60,251 |  | $ | 26,356 |  | $ | 19,497 |  | $ | 6,917 |  | $ | 109,645 |  | $ | 365,031 |
Special mention | — |  | — |  | 392 |  | 9 |  | — |  | 19 |  | 3,245 |  | 3,665 |
Substandard | 955 |  | 203 |  | 1,025 |  | 1,175 |  | 224 |  | 1,533 |  | 79 |  | 5,194 |
Total | $ | 52,223 |  | $ | 91,300 |  | $ | 61,668 |  | $ | 27,540 |  | $ | 19,721 |  | $ | 8,469 |  | $ | 112,969 |  | $ | 373,890 |
Commercial real estate - |  |  |  |  |  |  |  |
1-4 Family |  |  |  |  |  |  |  |
Pass | $ | 31,331 |  | $ | 21,640 |  | $ | 12,565 |  | $ | 8,609 |  | $ | 4,826 |  | $ | 22,949 |  | $ | 11,107 |  | $ | 113,027 |
Special mention | 228 |  | — |  | 115 |  | — |  | — |  | 836 |  | — |  | 1,179 |
Substandard | 83 |  | — |  | 264 |  | 56 |  | — |  | 1,583 |  | — |  | 1,986 |
Total | $ | 31,642 |  | $ | 21,640 |  | $ | 12,944 |  | $ | 8,665 |  | $ | 4,826 |  | $ | 25,368 |  | $ | 11,107 |  | $ | 116,192 |
Commercial real estate - |  |  |  |  |  |  |  |
Hotels |  |  |  |  |  |  |  |
Pass | $ | 85,590 |  | $ | 35,849 |  | $ | 12,275 |  | $ | 60,429 |  | $ | 14,921 |  | $ | 90,686 |  | $ | 323 |  | $ | 300,073 |
Special mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | — |  | 3,593 |  | 24,229 |  | — |  | 12,509 |  | — |  | 40,331 |
Total | $ | 85,590 |  | $ | 35,849 |  | $ | 15,868 |  | $ | 84,658 |  | $ | 14,921 |  | $ | 103,195 |  | $ | 323 |  | $ | 340,404 |
Commercial real estate - |  |  |  |  |  |  |  |
Multi-family |  |  |  |  |  |  |  |
Pass | $ | 13,761 |  | $ | 21,312 |  | $ | 65,542 |  | $ | 37,698 |  | $ | 2,189 |  | $ | 33,560 |  | $ | 724 |  | $ | 174,786 |
Special mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | 13,761 |  | $ | 21,312 |  | $ | 65,542 |  | $ | 37,698 |  | $ | 2,189 |  | $ | 33,560 |  | $ | 724 |  | $ | 174,786 |
|  |  |  |  |  |  | Revolving |
| Term Loans | Loans |
| Amortized Cost Basis by Origination Year and Risk Level | Amortized |
| 2022 | 2021 | 2020 | 2019 | 2018 | Prior | Cost Basis | Total
Commercial real estate - |  |  |  |  |  |  |  |
Non Residential Non-Owner Occupied |  |  |  |  |  |  |
Pass | $ | 110,501 |  | $ | 108,290 |  | $ | 89,943 |  | $ | 68,027 |  | $ | 87,413 |  | $ | 113,287 |  | $ | 2,781 |  | $ | 580,242 |
Special mention | — |  | 110 |  | 170 |  | 176 |  | — |  | — |  | — |  | 456 |
Substandard | — |  | 601 |  | — |  | 1,330 |  | 2,089 |  | 1,244 |  | 2 |  | 5,266 |
Total | $ | 110,501 |  | $ | 109,001 |  | $ | 90,113 |  | $ | 69,533 |  | $ | 89,502 |  | $ | 114,531 |  | $ | 2,783 |  | $ | 585,964 |
Commercial real estate - |  |  |  |  |  |  |  |
Non Residential Owner Occupied |  |  |  |  |  |  |
Pass | $ | 21,782 |  | $ | 36,186 |  | $ | 17,216 |  | $ | 22,274 |  | $ | 17,622 |  | $ | 39,861 |  | $ | 3,238 |  | $ | 158,179 |
Special mention | — |  | — |  | — |  | 329 |  | — |  | 493 |  | 113 |  | 935 |
Substandard | 943 |  | 193 |  | 110 |  | 2,479 |  | 772 |  | 10,350 |  | 1,000 |  | 15,847 |
Total | $ | 22,725 |  | $ | 36,379 |  | $ | 17,326 |  | $ | 25,082 |  | $ | 18,394 |  | $ | 50,704 |  | $ | 4,351 |  | $ | 174,961 |
Commercial real estate - |  |  |  |  |  |  |  |
Total |  |  |  |  |  |  |  |
Pass | $ | 262,965 |  | $ | 223,277 |  | $ | 197,541 |  | $ | 197,037 |  | $ | 126,971 |  | $ | 300,343 |  | $ | 18,173 |  | $ | 1,326,307 |
Special mention | 228 |  | 110 |  | 285 |  | 505 |  | — |  | 1,329 |  | 113 |  | 2,570 |
Substandard | 1,026 |  | 794 |  | 3,967 |  | 28,094 |  | 2,861 |  | 25,686 |  | 1,002 |  | 63,430 |
Total | $ | 264,219 |  | $ | 224,181 |  | $ | 201,793 |  | $ | 225,636 |  | $ | 129,832 |  | $ | 327,358 |  | $ | 19,288 |  | $ | 1,392,307 |
Residential real estate |  |  |  |  |  |  |  |
Performing | $ | 405,059 |  | $ | 336,462 |  | $ | 270,197 |  | $ | 122,559 |  | $ | 86,317 |  | $ | 382,652 |  | $ | 88,308 |  | $ | 1,691,554 |
Non-performing | — |  | 207 |  | — |  | 755 |  | 79 |  | 738 |  | 190 |  | 1,969 |
Total | $ | 405,059 |  | $ | 336,669 |  | $ | 270,197 |  | $ | 123,314 |  | $ | 86,396 |  | $ | 383,390 |  | $ | 88,498 |  | $ | 1,693,523 |
Home equity |  |  |  |  |  |  |  |
Performing | $ | 16,670 |  | $ | 7,394 |  | $ | 5,000 |  | $ | 3,035 |  | $ | 1,823 |  | $ | 5,116 |  | $ | 95,224 |  | $ | 134,262 |
Non-performing | — |  | — |  | — |  | — |  | — |  | — |  | 55 |  | 55 |
Total | $ | 16,670 |  | $ | 7,394 |  | $ | 5,000 |  | $ | 3,035 |  | $ | 1,823 |  | $ | 5,116 |  | $ | 95,279 |  | $ | 134,317 |
Consumer |  |  |  |  |  |  |  |
Performing | $ | 25,296 |  | $ | 7,954 |  | $ | 5,482 |  | $ | 4,299 |  | $ | 2,246 |  | $ | 2,064 |  | $ | 1,465 |  | $ | 48,806 |
Non-performing | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | 25,296 |  | $ | 7,954 |  | $ | 5,482 |  | $ | 4,299 |  | $ | 2,246 |  | $ | 2,064 |  | $ | 1,465 |  | $ | 48,806 |
Based on the most recent analysis performed, the risk category of loans by class of loans at December 31, 2021 is as follows (in thousands):
|  |  |  |  |  |  | Revolving |
| Term Loans | Loans |
| Amortized Cost Basis by Origination Year and Risk Level | Amortized |
| 2021 | 2020 | 2019 | 2018 | 2017 | Prior | Cost Basis | Total
Commercial and industrial |  |  |  |  |  |  |  |
Pass | $ | 87,148 |  | $ | 82,946 |  | $ | 41,908 |  | $ | 27,355 |  | $ | 23,895 |  | $ | 6,755 |  | $ | 65,775 |  | $ | 335,782 |
Special mention | 3 |  | 480 |  | 17 |  | — |  | 21 |  | — |  | 3,324 |  | 3,845 |
Substandard | 319 |  | 1,531 |  | 1,574 |  | 510 |  | 395 |  | 1,550 |  | 678 |  | 6,557 |
Total | $ | 87,470 |  | $ | 84,957 |  | $ | 43,499 |  | $ | 27,865 |  | $ | 24,311 |  | $ | 8,305 |  | $ | 69,777 |  | $ | 346,184 |
Commercial real estate - |  |  |  |  |  |  |  |
1-4 Family |  |  |  |  |  |  |  |
Pass | $ | 26,425 |  | $ | 16,163 |  | $ | 10,659 |  | $ | 6,208 |  | $ | 4,250 |  | $ | 28,734 |  | $ | 10,877 |  | $ | 103,316 |
Special mention | — |  | 122 |  | — |  | — |  | — |  | 718 |  | — |  | 840 |
Substandard | — |  | 276 |  | 158 |  | — |  | 722 |  | 2,561 |  | — |  | 3,717 |
Total | $ | 26,425 |  | $ | 16,561 |  | $ | 10,817 |  | $ | 6,208 |  | $ | 4,972 |  | $ | 32,013 |  | $ | 10,877 |  | $ | 107,873 |
Commercial real estate - |  |  |  |  |  |  |  |
Hotels |  |  |  |  |  |  |  |
Pass | $ | 38,197 |  | $ | 16,183 |  | $ | 64,107 |  | $ | 21,222 |  | $ | 41,526 |  | $ | 55,895 |  | $ | 279 |  | $ | 237,409 |
Special mention | 103 |  | — |  | 29,914 |  | — |  | — |  | — |  | — |  | $ | 30,017 |
Substandard | 398 |  | 140 |  | 15,413 |  | — |  | 5,601 |  | 22,337 |  | — |  | 43,889 |
Total | $ | 38,698 |  | $ | 16,323 |  | $ | 109,434 |  | $ | 21,222 |  | $ | 47,127 |  | $ | 78,232 |  | $ | 279 |  | $ | 311,315 |
Commercial real estate - |  |  |  |  |  |  |  |
Multi-family |  |  |  |  |  |  |  |
Pass | $ | 20,434 |  | $ | 78,837 |  | $ | 53,033 |  | $ | 2,264 |  | $ | 19,783 |  | $ | 38,918 |  | $ | 540 |  | $ | 213,809 |
Special mention | — |  | — |  | 1,802 |  | — |  | — |  | — |  | — |  | 1,802 |
Substandard | — |  | — |  | — |  | — |  | — |  | 66 |  | — |  | 66 |
Total | $ | 20,434 |  | $ | 78,837 |  | $ | 54,835 |  | $ | 2,264 |  | $ | 19,783 |  | $ | 38,984 |  | $ | 540 |  | $ | 215,677 |
|  |  |  |  |  |  | Revolving |
| Term Loans | Loans |
| Amortized Cost Basis by Origination Year and Risk Level | Amortized |
| 2021 | 2020 | 2019 | 2018 | 2017 | Prior | Cost Basis | Total
Commercial real estate - |  |  |  |  |  |  |  |
Non Residential Non-Owner Occupied |  |  |  |  |  |  |
Pass | $ | 144,927 |  | $ | 135,423 |  | $ | 85,296 |  | $ | 99,618 |  | $ | 33,770 |  | $ | 130,342 |  | $ | 2,655 |  | $ | 632,031 |
Special mention | 119 |  | 183 |  | 186 |  | 257 |  | — |  | 138 |  | — |  | 883 |
Substandard | 640 |  | 16 |  | 1,365 |  | 2,134 |  | 22 |  | 2,727 |  | — |  | 6,904 |
Total | $ | 145,686 |  | $ | 135,622 |  | $ | 86,847 |  | $ | 102,009 |  | $ | 33,792 |  | $ | 133,207 |  | $ | 2,655 |  | $ | 639,818 |
Commercial real estate - |  |  |  |  |  |  |  |
Non Residential Owner Occupied |  |  |  |  |  |  |
Pass | $ | 46,445 |  | $ | 28,535 |  | $ | 25,647 |  | $ | 22,197 |  | $ | 15,296 |  | $ | 37,806 |  | $ | 2,509 |  | $ | 178,435 |
Special mention | — |  | 30 |  | 2,744 |  | 42 |  | 319 |  | 2,294 |  | — |  | 5,429 |
Substandard | 199 |  | 114 |  | 2,372 |  | 634 |  | 6,677 |  | 9,503 |  | 870 |  | 20,369 |
Total | $ | 46,644 |  | $ | 28,679 |  | $ | 30,763 |  | $ | 22,873 |  | $ | 22,292 |  | $ | 49,603 |  | $ | 3,379 |  | $ | 204,233 |
Commercial real estate - |  |  |  |  |  |  |  |
Total |  |  |  |  |  |  |  |
Pass | $ | 276,429 |  | $ | 275,141 |  | $ | 238,742 |  | $ | 151,509 |  | $ | 114,626 |  | $ | 291,696 |  | $ | 16,860 |  | $ | 1,365,003 |
Special mention | 222 |  | 334 |  | 34,647 |  | 299 |  | 319 |  | 3,151 |  | — |  | 38,972 |
Substandard | 1,238 |  | 546 |  | 19,308 |  | 2,769 |  | 13,023 |  | 37,191 |  | 866 |  | 74,941 |
Total | $ | 277,889 |  | $ | 276,021 |  | $ | 292,697 |  | $ | 154,577 |  | $ | 127,968 |  | $ | 332,038 |  | $ | 17,726 |  | $ | 1,478,916 |
Residential real estate |  |  |  |  |  |  |  |
Performing | $ | 375,465 |  | $ | 326,107 |  | $ | 155,829 |  | $ | 110,551 |  | $ | 87,870 |  | $ | 389,519 |  | $ | 100,815 |  | $ | 1,546,156 |
Non-performing | — |  | — |  | 232 |  | 29 |  | 120 |  | 692 |  | 1,736 |  | 2,809 |
Total | $ | 375,465 |  | $ | 326,107 |  | $ | 156,061 |  | $ | 110,580 |  | $ | 87,990 |  | $ | 390,211 |  | $ | 102,551 |  | $ | 1,548,965 |
Home equity |  |  |  |  |  |  |  |
Performing | $ | 9,008 |  | $ | 6,474 |  | $ | 3,582 |  | $ | 2,949 |  | $ | 1,431 |  | $ | 8,176 |  | $ | 90,685 |  | $ | 122,305 |
Non-performing | — |  | — |  | — |  | — |  | — |  | — |  | 40 |  | 40 |
Total | $ | 9,008 |  | $ | 6,474 |  | $ | 3,582 |  | $ | 2,949 |  | $ | 1,431 |  | $ | 8,176 |  | $ | 90,725 |  | $ | 122,345 |
Consumer |  |  |  |  |  |  |  |
Performing | $ | 13,584 |  | $ | 9,545 |  | $ | 8,313 |  | $ | 4,920 |  | $ | 1,324 |  | $ | 1,624 |  | $ | 1,591 |  | $ | 40,901 |
Non-performing | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | 13,584 |  | $ | 9,545 |  | $ | 8,313 |  | $ | 4,920 |  | $ | 1,324 |  | $ | 1,624 |  | $ | 1,591 |  | $ | 40,901 |

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