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Loans Receivable (Tables) | 12 Months Ended
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Dec. 31, 2022
Loans and Leases Receivable Disclosure [Abstract] |
Schedule of loans receivable | The amortized cost of loans receivable, net of ACL on loans consisted of the following portfolio segments and classes at the dates indicated:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
Commercial business: |  |  |
Commercial and industrial | $ | 692,100 |  |  | $ | 621,567 |
SBA PPP | 1,468 |  |  | 145,840 |
Owner-occupied CRE | 937,040 |  |  | 931,150 |
Non-owner occupied CRE | 1,586,632 |  |  | 1,493,099 |
Total commercial business | 3,217,240 |  |  | 3,191,656 |
Residential real estate | 343,631 |  |  | 164,582 |
Real estate construction and land development: |  |  |
Residential | 80,074 |  |  | 85,547 |
Commercial and multifamily | 214,038 |  |  | 141,336 |
Total real estate construction and land development | 294,112 |  |  | 226,883 |
Consumer | 195,875 |  |  | 232,541 |
Loans receivable | 4,050,858 |  |  | 3,815,662 |
Allowance for credit losses on loans | (42,986) |  |  | (42,361) |
Loans receivable, net | $ | 4,007,872 |  |  | $ | 3,773,301 |
Balances included in the amortized cost of loans receivable: |  |  |
Unamortized net discount on acquired loans | $ | (2,501) |  |  | $ | (3,938) |
Unamortized net deferred fee | $ | (10,016) |  |  | $ | (7,953) |
Amortized cost of loans receivable | The following table presents the amortized cost of loans receivable by risk grade at the dates indicated:
| December 31, 2022 |  |  |  |  |  |
| Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans |  | Revolving Loans Converted (1) |  | Loans Receivable
| 2022 |  | 2021 |  | 2020 |  | 2019 |  | 2018 |  | Prior |  |  |
| (In thousands)
Commercial business:
Commercial and industrial
Pass | $ | 168,818 |  |  | $ | 93,302 |  |  | $ | 82,437 |  |  | $ | 61,160 |  |  | $ | 33,957 |  |  | $ | 74,181 |  |  | $ | 146,795 |  |  | $ | 172 |  |  | $ | 660,822 |
SM | 212 |  |  | 109 |  |  | 443 |  |  | 4,637 |  |  | 362 |  |  | 4,447 |  |  | 5,433 |  |  | — |  |  | 15,643 |
| December 31, 2022 |  |  |  |  |  |
| Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans |  | Revolving Loans Converted (1) |  | Loans Receivable
| 2022 |  | 2021 |  | 2020 |  | 2019 |  | 2018 |  | Prior |  |  |
SS | 773 |  |  | 188 |  |  | 1,710 |  |  | 3,465 |  |  | 559 |  |  | 5,098 |  |  | 3,674 |  |  | 168 |  |  | 15,635 |
Total | 169,803 |  |  | 93,599 |  |  | 84,590 |  |  | 69,262 |  |  | 34,878 |  |  | 83,726 |  |  | 155,902 |  |  | 340 |  |  | 692,100 |
SBA PPP
Pass | — |  |  | 1,351 |  |  | 117 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,468 |
Owner-occupied CRE
Pass | 134,432 |  |  | 167,927 |  |  | 93,834 |  |  | 157,096 |  |  | 62,876 |  |  | 282,212 |  |  | — |  |  | — |  |  | 898,377 |
SM | — |  |  | 1,744 |  |  | — |  |  | — |  |  | 2,540 |  |  | 16,664 |  |  | — |  |  | 247 |  |  | 21,195 |
SS | — |  |  | — |  |  | 671 |  |  | — |  |  | 3,722 |  |  | 13,075 |  |  | — |  |  | — |  |  | 17,468 |
Total | 134,432 |  |  | 169,671 |  |  | 94,505 |  |  | 157,096 |  |  | 69,138 |  |  | 311,951 |  |  | — |  |  | 247 |  |  | 937,040 |
Non-owner occupied CRE
Pass | 240,151 |  |  | 189,300 |  |  | 160,930 |  |  | 258,778 |  |  | 121,369 |  |  | 561,645 |  |  | — |  |  | — |  |  | 1,532,173 |
SM | — |  |  | 8,349 |  |  | — |  |  | 4,172 |  |  | — |  |  | 12,190 |  |  | — |  |  | — |  |  | 24,711 |
SS | — |  |  | — |  |  | — |  |  | — |  |  | 3,627 |  |  | 26,121 |  |  | — |  |  | — |  |  | 29,748 |
Total | 240,151 |  |  | 197,649 |  |  | 160,930 |  |  | 262,950 |  |  | 124,996 |  |  | 599,956 |  |  | — |  |  | — |  |  | 1,586,632 |
Total commercial business
Pass | 543,401 |  |  | 451,880 |  |  | 337,318 |  |  | 477,034 |  |  | 218,202 |  |  | 918,038 |  |  | 146,795 |  |  | 172 |  |  | 3,092,840 |
SM | 212 |  |  | 10,202 |  |  | 443 |  |  | 8,809 |  |  | 2,902 |  |  | 33,301 |  |  | 5,433 |  |  | 247 |  |  | 61,549 |
SS | 773 |  |  | 188 |  |  | 2,381 |  |  | 3,465 |  |  | 7,908 |  |  | 44,294 |  |  | 3,674 |  |  | 168 |  |  | 62,851 |
Total | 544,386 |  |  | 462,270 |  |  | 340,142 |  |  | 489,308 |  |  | 229,012 |  |  | 995,633 |  |  | 155,902 |  |  | 587 |  |  | 3,217,240 |
Residential real estate
Pass | 132,510 |  |  | 149,934 |  |  | 24,668 |  |  | 16,803 |  |  | 4,207 |  |  | 15,337 |  |  | — |  |  | — |  |  | 343,459 |
SS | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 172 |  |  | — |  |  | — |  |  | 172 |
Total | 132,510 |  |  | 149,934 |  |  | 24,668 |  |  | 16,803 |  |  | 4,207 |  |  | 15,509 |  |  | — |  |  | — |  |  | 343,631 |
Real estate construction and land development:
Residential
Pass | 45,521 |  |  | 26,675 |  |  | 2,891 |  |  | 3,061 |  |  | 871 |  |  | 1,055 |  |  | — |  |  | — |  |  | 80,074 |
Commercial and multifamily
Pass | 71,168 |  |  | 123,626 |  |  | 6,272 |  |  | 1,084 |  |  | 2,562 |  |  | 995 |  |  | — |  |  | — |  |  | 205,707 |
SM | — |  |  | — |  |  | 2,213 |  |  | 5,687 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,900 |
SS | — |  |  | — |  |  | — |  |  | 37 |  |  | — |  |  | 394 |  |  | — |  |  | — |  |  | 431 |
Total | 71,168 |  |  | 123,626 |  |  | 8,485 |  |  | 6,808 |  |  | 2,562 |  |  | 1,389 |  |  | — |  |  | — |  |  | 214,038 |
Total real estate construction and land development
Pass | 116,689 |  |  | 150,301 |  |  | 9,163 |  |  | 4,145 |  |  | 3,433 |  |  | 2,050 |  |  | — |  |  | — |  |  | 285,781 |
SM | — |  |  | — |  |  | 2,213 |  |  | 5,687 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,900 |
SS | — |  |  | — |  |  | — |  |  | 37 |  |  | — |  |  | 394 |  |  | — |  |  | — |  |  | 431 |
Total | 116,689 |  |  | 150,301 |  |  | 11,376 |  |  | 9,869 |  |  | 3,433 |  |  | 2,444 |  |  | — |  |  | — |  |  | 294,112 |
Consumer
Pass | 3,379 |  |  | 509 |  |  | 9,848 |  |  | 27,370 |  |  | 15,563 |  |  | 19,855 |  |  | 116,605 |  |  | 435 |  |  | 193,564 |
SS | — |  |  | — |  |  | 168 |  |  | 559 |  |  | 320 |  |  | 1,120 |  |  | 44 |  |  | 100 |  |  | 2,311 |
Total | 3,379 |  |  | 509 |  |  | 10,016 |  |  | 27,929 |  |  | 15,883 |  |  | 20,975 |  |  | 116,649 |  |  | 535 |  |  | 195,875 |
Loans receivable
Pass | 795,979 |  |  | 752,624 |  |  | 380,997 |  |  | 525,352 |  |  | 241,405 |  |  | 955,280 |  |  | 263,400 |  |  | 607 |  |  | 3,915,644 |
SM | 212 |  |  | 10,202 |  |  | 2,656 |  |  | 14,496 |  |  | 2,902 |  |  | 33,301 |  |  | 5,433 |  |  | 247 |  |  | 69,449 |
SS | 773 |  |  | 188 |  |  | 2,549 |  |  | 4,061 |  |  | 8,228 |  |  | 45,980 |  |  | 3,718 |  |  | 268 |  |  | 65,765 |
Total | $ | 796,964 |  |  | $ | 763,014 |  |  | $ | 386,202 |  |  | $ | 543,909 |  |  | $ | 252,535 |  |  | $ | 1,034,561 |  |  | $ | 272,551 |  |  | $ | 1,122 |  |  | $ | 4,050,858 |
(1) Represents the loans receivable balance at December 31, 2022 which was converted from a revolving loan to an amortizing loan during the year ended December 31, 2022.
| December 31, 2021 |  |  |  |  |  |  |  |
| Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans |  | Revolving Loans Converted (1) |  | Loans Receivable |  |
| 2021 |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | Prior |  |  |  |  |
| (In thousands)
Commercial business: |  |
Commercial and industrial |  |
Pass | $ | 95,960 |  |  | $ | 100,193 |  |  | $ | 94,657 |  |  | $ | 54,707 |  |  | $ | 28,558 |  |  | $ | 77,294 |  |  | $ | 127,651 |  |  | $ | 1,035 |  |  | $ | 580,055 |  |  |
SM | 326 |  |  | 884 |  |  | 5,998 |  |  | 1,425 |  |  | 2,223 |  |  | 2,401 |  |  | 2,048 |  |  | 353 |  |  | 15,658 |  |  |
SS | 1,443 |  |  | 1,287 |  |  | 5,912 |  |  | 2,809 |  |  | 2,526 |  |  | 6,907 |  |  | 4,402 |  |  | 568 |  |  | 25,854 |  |  |
Total | 97,729 |  |  | 102,364 |  |  | 106,567 |  |  | 58,941 |  |  | 33,307 |  |  | 86,602 |  |  | 134,101 |  |  | 1,956 |  |  | 621,567 |  |  |
SBA PPP |  |
Pass | 139,253 |  |  | 6,587 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 145,840 |  |  |
Total | 139,253 |  |  | 6,587 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 145,840 |  |  |
Owner-occupied CRE |  |
Pass | 182,742 |  |  | 90,609 |  |  | 188,380 |  |  | 73,714 |  |  | 66,039 |  |  | 273,518 |  |  | — |  |  | 72 |  |  | 875,074 |  |  |
SM | 264 |  |  | — |  |  | 3,079 |  |  | 7,521 |  |  | 3,937 |  |  | 16,724 |  |  | — |  |  | — |  |  | 31,525 |  |  |
SS | — |  |  | 1,332 |  |  | — |  |  | 3,787 |  |  | 3,014 |  |  | 16,418 |  |  | — |  |  | — |  |  | 24,551 |  |  |
Doubtful or Loss | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Total | 183,006 |  |  | 91,941 |  |  | 191,459 |  |  | 85,022 |  |  | 72,990 |  |  | 306,660 |  |  | — |  |  | 72 |  |  | 931,150 |  |  |
Non-owner-occupied CRE |  |
Pass | 187,860 |  |  | 185,650 |  |  | 244,863 |  |  | 149,090 |  |  | 144,896 |  |  | 499,486 |  |  | — |  |  | — |  |  | 1,411,845 |  |  |
SM | — |  |  | — |  |  | 5,674 |  |  | — |  |  | 15,482 |  |  | 2,400 |  |  | — |  |  | — |  |  | 23,556 |  |  |
SS | — |  |  | — |  |  | — |  |  | 3,379 |  |  | — |  |  | 54,319 |  |  | — |  |  | — |  |  | 57,698 |  |  |
Total | 187,860 |  |  | 185,650 |  |  | 250,537 |  |  | 152,469 |  |  | 160,378 |  |  | 556,205 |  |  | — |  |  | — |  |  | 1,493,099 |  |  |
Total commercial business |  |
Pass | 605,815 |  |  | 383,039 |  |  | 527,900 |  |  | 277,511 |  |  | 239,493 |  |  | 850,298 |  |  | 127,651 |  |  | 1,107 |  |  | 3,012,814 |  |  |
SM | 590 |  |  | 884 |  |  | 14,751 |  |  | 8,946 |  |  | 21,642 |  |  | 21,525 |  |  | 2,048 |  |  | 353 |  |  | 70,739 |  |  |
SS | 1,443 |  |  | 2,619 |  |  | 5,912 |  |  | 9,975 |  |  | 5,540 |  |  | 77,644 |  |  | 4,402 |  |  | 568 |  |  | 108,103 |  |  |
Total | 607,848 |  |  | 386,542 |  |  | 548,563 |  |  | 296,432 |  |  | 266,675 |  |  | 949,467 |  |  | 134,101 |  |  | 2,028 |  |  | 3,191,656 |  |  |
Residential real estate |  |
Pass | 85,089 |  |  | 27,090 |  |  | 23,295 |  |  | 5,672 |  |  | 6,141 |  |  | 16,891 |  |  | — |  |  | — |  |  | 164,178 |  |  |
SM | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
SS | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 404 |  |  | — |  |  | — |  |  | 404 |  |  |
Total | 85,089 |  |  | 27,090 |  |  | 23,295 |  |  | 5,672 |  |  | 6,141 |  |  | 17,295 |  |  | — |  |  | — |  |  | 164,582 |  |  |
Real estate construction and land development: |  |
Residential |  |
Pass | 44,892 |  |  | 23,728 |  |  | 12,266 |  |  | 2,921 |  |  | 389 |  |  | 1,351 |  |  | — |  |  | — |  |  | 85,547 |  |  |
Total | 44,892 |  |  | 23,728 |  |  | 12,266 |  |  | 2,921 |  |  | 389 |  |  | 1,351 |  |  | — |  |  | — |  |  | 85,547 |  |  |
Commercial and multifamily |  |
Pass | 56,448 |  |  | 41,616 |  |  | 34,117 |  |  | 5,794 |  |  | 710 |  |  | 1,379 |  |  | — |  |  | — |  |  | 140,064 |  |  |
SM | — |  |  | — |  |  | 68 |  |  | — |  |  | — |  |  | 213 |  |  | — |  |  | — |  |  | 281 |  |  |
SS | — |  |  | 571 |  |  | — |  |  | — |  |  | — |  |  | 420 |  |  | — |  |  | — |  |  | 991 |  |  |
Total | 56,448 |  |  | 42,187 |  |  | 34,185 |  |  | 5,794 |  |  | 710 |  |  | 2,012 |  |  | — |  |  | — |  |  | 141,336 |  |  |
Total real estate construction and land development
Pass | 101,340 |  |  | 65,344 |  |  | 46,383 |  |  | 8,715 |  |  | 1,099 |  |  | 2,730 |  |  | — |  |  | — |  |  | 225,611 |  |  |
SM | — |  |  | — |  |  | 68 |  |  | — |  |  | — |  |  | 213 |  |  | — |  |  | — |  |  | 281 |  |  |
SS | — |  |  | 571 |  |  | — |  |  | — |  |  | — |  |  | 420 |  |  | — |  |  | — |  |  | 991 |  |  |
Total | 101,340 |  |  | 65,915 |  |  | 46,451 |  |  | 8,715 |  |  | 1,099 |  |  | 3,363 |  |  | — |  |  | — |  |  | 226,883 |  |  |
| December 31, 2021 |  |  |  |  |  |  |  |
| Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans |  | Revolving Loans Converted (1) |  | Loans Receivable |  |
| 2021 |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | Prior |  |  |  |  |
Consumer |  |
Pass | 1,286 |  |  | 15,737 |  |  | 46,041 |  |  | 29,819 |  |  | 15,068 |  |  | 13,026 |  |  | 108,492 |  |  | 120 |  |  | 229,589 |  |  |
SM | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
SS | — |  |  | 181 |  |  | 657 |  |  | 476 |  |  | 542 |  |  | 1,043 |  |  | 36 |  |  | 17 |  |  | 2,952 |  |  |
Total | 1,286 |  |  | 15,918 |  |  | 46,698 |  |  | 30,295 |  |  | 15,610 |  |  | 14,069 |  |  | 108,528 |  |  | 137 |  |  | 232,541 |  |  |
Loans receivable |  |
Pass | 793,530 |  |  | 491,210 |  |  | 643,619 |  |  | 321,717 |  |  | 261,801 |  |  | 882,945 |  |  | 236,143 |  |  | 1,227 |  |  | 3,632,192 |  |  |
SM | 590 |  |  | 884 |  |  | 14,819 |  |  | 8,946 |  |  | 21,642 |  |  | 21,738 |  |  | 2,048 |  |  | 353 |  |  | 71,020 |  |  |
SS | 1,443 |  |  | 3,371 |  |  | 6,569 |  |  | 10,451 |  |  | 6,082 |  |  | 79,511 |  |  | 4,438 |  |  | 585 |  |  | 112,450 |  |  |
Total | $ | 795,563 |  |  | $ | 495,465 |  |  | $ | 665,007 |  |  | $ | 341,114 |  |  | $ | 289,525 |  |  | $ | 984,194 |  |  | $ | 242,629 |  |  | $ | 2,165 |  |  | $ | 3,815,662 |  |  |
(1) Represents the loans receivable balance at December 31, 2021 which was converted from a revolving loan to an amortizing loan during the year ended December 31, 2021
Schedule of nonaccrual loans | The following tables present the amortized cost of nonaccrual loans for the dates indicated:
| December 31, 2022
| Nonaccrual without ACL |  | Nonaccrual with ACL |  | Total Nonaccrual
| (In thousands)
Commercial business: |  |  |  |  |
Commercial and industrial | $ | 4,503 |  |  | $ | 1,154 |  |  | $ | 5,657 |
Owner-occupied CRE | — |  |  | 212 |  |  | 212 |
Total commercial business | 4,503 |  |  | 1,366 |  |  | 5,869 |
Real estate construction and land development: |  |  |  |  |
Commercial and multifamily | — |  |  | 37 |  |  | 37 |
Total | $ | 4,503 |  |  | $ | 1,403 |  |  | $ | 5,906 |
| December 31, 2021 |  |
| Nonaccrual without ACL |  | Nonaccrual with ACL |  | Total Nonaccrual |  |
| (In thousands)
Commercial business: |  |  |  |  |  |  |
Commercial and industrial | $ | 6,454 |  |  | $ | 3,827 |  |  | $ | 10,281 |  |  |
Owner-occupied CRE | 3,036 |  |  | 5,138 |  |  | 8,174 |  |  |
Non-owner occupied CRE | 1,273 |  |  | 3,379 |  |  | 4,652 |  |  |
Total commercial business | 10,763 |  |  | 12,344 |  |  | 23,107 |  |  |
Residential real estate | — |  |  | 47 |  |  | 47 |  |  |
Real estate construction and land development: |  |  |  |  |  |  |
Commercial and multifamily | — |  |  | 571 |  |  | 571 |  |  |
Consumer | — |  |  | 29 |  |  | 29 |  |  |
Total | $ | 10,763 |  |  | $ | 12,991 |  |  | $ | 23,754 |  |  |
The following table presents the reversal of interest income on loans due to the write-off of accrued interest receivable upon the initial classification of loans as nonaccrual loans and the interest income recognized due to payment in full or sale of previously classified nonaccrual loans during the following periods:
| Year Ended December 31, 2022 |  | Year Ended December 31, 2021
| Interest Income Reversed |  | Interest Income Recognized |  | Interest Income Reversed |  | Interest Income Recognized
| (In thousands)
Commercial business: |  |  |  |  |  |  |
Commercial and industrial | $ | (14) |  |  | $ | 263 |  |  | $ | (10) |  |  | $ | 2,295 |
Owner-occupied CRE | — |  |  | 53 |  |  | — |  |  | 117 |
Non-owner occupied CRE | — |  |  | 774 |  |  | — |  |  | 601 |
Total commercial business | (14) |  |  | 1,090 |  |  | (10) |  |  | 3,013 |
Residential real estate | — |  |  | 19 |  |  | — |  |  | — |
Real estate construction and land development: |  |  |  |  |  |  |
Residential | — |  |  | — |  |  | — |  |  | 71 |
Commercial and multifamily | (14) |  |  | 65 |  |  | — |  |  | — |
Total real estate construction and land development | (14) |  |  | 65 |  |  | — |  |  | 71 |
Consumer | — |  |  | 68 |  |  | (1) |  |  | 52 |
Total | $ | (28) |  |  | $ | 1,242 |  |  | $ | (11) |  |  | $ | 3,136 |
Amortized cost of past due loans | The amortized cost of past due loans as of December 31, 2022 and December 31, 2021 were as follows:
| December 31, 2022
| 30-89 Days |  | 90 Days or Greater |  | Total Past Due |  | Current |  | Loans Receivable
| (In thousands)
Commercial business:
Commercial and industrial | $ | 586 |  |  | $ | 6,104 |  |  | $ | 6,690 |  |  | $ | 685,410 |  |  | $ | 692,100 |
SBA PPP | 236 |  |  | — |  |  | 236 |  |  | 1,232 |  |  | 1,468 |
Owner-occupied CRE | — |  |  | 189 |  |  | 189 |  |  | 936,851 |  |  | 937,040 |
Non-owner occupied CRE | — |  |  | — |  |  | — |  |  | 1,586,632 |  |  | 1,586,632 |
Total commercial business | 822 |  |  | 6,293 |  |  | 7,115 |  |  | 3,210,125 |  |  | 3,217,240 |
Residential real estate | 3,066 |  |  | — |  |  | 3,066 |  |  | 340,565 |  |  | 343,631 |
Real estate construction and land development:
Residential | — |  |  | — |  |  | — |  |  | 80,074 |  |  | 80,074 |
Commercial and multifamily | — |  |  | — |  |  | — |  |  | 214,038 |  |  | 214,038 |
Total real estate construction and land development | — |  |  | — |  |  | — |  |  | 294,112 |  |  | 294,112 |
Consumer | 1,561 |  |  | — |  |  | 1,561 |  |  | 194,314 |  |  | 195,875 |
Total | $ | 5,449 |  |  | $ | 6,293 |  |  | $ | 11,742 |  |  | $ | 4,039,116 |  |  | $ | 4,050,858 |
| December 31, 2021
| 30-89 Days |  | 90 Days or Greater |  | Total Past Due |  | Current |  | Loans Receivable
| (In thousands)
Commercial business:
Commercial and industrial | $ | 1,858 |  |  | $ | 6,821 |  |  | $ | 8,679 |  |  | $ | 612,888 |  |  | $ | 621,567 |
SBA PPP | 223 |  |  | 293 |  |  | 516 |  |  | 145,324 |  |  | 145,840 |
| December 31, 2021
| 30-89 Days |  | 90 Days or Greater |  | Total Past Due |  | Current |  | Loans Receivable
| (In thousands)
Owner-occupied CRE | 2,397 |  |  | 112 |  |  | 2,509 |  |  | 928,641 |  |  | 931,150 |
Non-owner occupied CRE | — |  |  | — |  |  | — |  |  | 1,493,099 |  |  | 1,493,099 |
Total commercial business | 4,478 |  |  | 7,226 |  |  | 11,704 |  |  | 3,179,952 |  |  | 3,191,656 |
Residential real estate | 420 |  |  | 10 |  |  | 430 |  |  | 164,152 |  |  | 164,582 |
Real estate construction and land development:
Residential | 792 |  |  | — |  |  | 792 |  |  | 84,755 |  |  | 85,547 |
Commercial and multifamily | 3,474 |  |  | 571 |  |  | 4,045 |  |  | 137,291 |  |  | 141,336 |
Total real estate construction and land development | 4,266 |  |  | 571 |  |  | 4,837 |  |  | 222,046 |  |  | 226,883 |
Consumer | 1,026 |  |  | — |  |  | 1,026 |  |  | 231,515 |  |  | 232,541 |
Total | $ | 10,190 |  |  | $ | 7,807 |  |  | $ | 17,997 |  |  | $ | 3,797,665 |  |  | $ | 3,815,662 |
Collateral-dependent loans | The type of collateral securing loans individually evaluated for credit losses and for which the repayment was expected to be provided substantially through the operation or sale of the collateral as of December 31, 2022 and December 31, 2021 was as follows, with b alances representing the amortized cost of the loan classified by the primary collateral category of each loan if multiple collateral sources secure the loan:
| December 31, 2022
| CRE |  | Farmland |  | Residential Real Estate |  |  |  | Total
| (In thousands)
Commercial business:
Commercial and industrial | $ | 1,239 |  |  | $ | 1,977 |  |  | $ | 929 |  |  |  |  | $ | 4,145 |
Owner-occupied CRE | 189 |  |  | — |  |  | — |  |  |  |  | 189 |
Total | $ | 1,428 |  |  | $ | 1,977 |  |  | $ | 929 |  |  |  |  | $ | 4,334 |
| December 31, 2021
| CRE |  | Farmland |  | Residential Real Estate |  |  |  | Other |  | Total
| (In thousands)
Commercial business:
Commercial and industrial | $ | 1,499 |  |  | $ | 4,362 |  |  | $ | 1,036 |  |  |  |  | $ | 245 |  |  | $ | 7,142 |
Owner-occupied CRE | 3,035 |  |  | — |  |  | — |  |  |  |  | — |  |  | 3,035 |
Non-owner occupied CRE | 1,273 |  |  | — |  |  | — |  |  |  |  | — |  |  | 1,273 |
Total commercial business | 5,807 |  |  | 4,362 |  |  | 1,036 |  |  |  |  | 245 |  |  | 11,450 |
Real estate construction and land development:
Commercial and multifamily | 571 |  |  | — |  |  | — |  |  |  |  | — |  |  | 571 |
Total | $ | 6,378 |  |  | $ | 4,362 |  |  | $ | 1,036 |  |  |  |  | $ | 245 |  |  | $ | 12,021 |
Troubled debt restructured loans | Loans that were modified as TDR loans are set forth in the following tables for the periods indicated:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| Number of Contracts |  | Amortized Cost (1) (2) |  | Number of Contracts |  | Amortized Cost (1) (2) |  | Number of Contracts |  | Amortized Cost (1) (2)
| (Dollars in thousands)
Commercial business: |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial | 8 |  |  | $ | 2,556 |  |  | 31 |  |  | $ | 9,710 |  |  | 75 |  |  | $ | 36,118 |
Owner-occupied CRE | 1 |  |  | 247 |  |  | 7 |  |  | 16,565 |  |  | 14 |  |  | 19,326 |
Non-owner occupied CRE | — |  |  | — |  |  | 4 |  |  | 17,640 |  |  | 9 |  |  | 25,728 |
Total commercial business | 9 |  |  | 2,803 |  |  | 42 |  |  | 43,915 |  |  | 98 |  |  | 81,172 |
Residential real estate | — |  |  | — |  |  | 1 |  |  | 178 |  |  | 1 |  |  | 22 |
Real estate construction and land development:
Residential | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | 1,926 |
Commercial and multifamily | 1 |  |  | 5,687 |  |  | 1 |  |  | 450 |  |  | 1 |  |  | 450 |
Total real estate construction and land development | 1 |  |  | 5,687 |  |  | 1 |  |  | 450 |  |  | 5 |  |  | 2,376 |
Consumer | 9 |  |  | 320 |  |  | 22 |  |  | 511 |  |  | 48 |  |  | 1,198 |
Total | 19 |  |  | $ | 8,810 |  |  | 66 |  |  | $ | 45,054 |  |  | 152 |  |  | $ | 84,768 |
(1)Number of contracts and amortized cost represent loans which have balances as of period end, net of subsequent payments after modifications. Certain TDR loans may have been paid-down or charged-off during the years ended December 31, 2022, 2021 and 2020. (2) As the Bank did not forgive any principal or interest balance as part of the loan modifications, the Bank’s amortized cost in each loan at the date of modification (pre-modification) did not change as a result of the modification (post-modification).
Troubled debt restructured loans, subsequently defaulted | The following table presents loans that were modified in a TDR and subsequently defaulted within twelve months from the modification date during the periods indicated:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| Number of Contracts (1) |  | Amortized Cost (1) |  | Number of Contracts (1) |  | Amortized Cost (1) |  | Number of Contracts (1) |  | Amortized Cost (1)
| (Dollars in thousands)
Commercial business: |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial | — |  |  | $ | — |  |  | 6 |  |  | $ | 1,379 |  |  | 4 |  |  | $ | 2,136 |
Owner-occupied CRE | 1 |  |  | 189 |  |  | — |  |  | — |  |  | 2 |  |  | 1,369 |
Non-owner occupied CRE | — |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 1,811 |
Total commercial business | 1 |  |  | 189 |  |  | 6 |  |  | 1,379 |  |  | 8 |  |  | 5,316 |
Total | 1 |  |  | $ | 189 |  |  | 6 |  |  | $ | 1,379 |  |  | 8 |  |  | $ | 5,316 |
(1)Number of contracts and amortized cost represent TDR loans which have balances as of period end, net of subsequent payments after modifications. Certain TDR loans may have been paid-down or charged-off during the years ended December 31, 2022, 2021 and 2020.
Activity in related party loans | Activity in related party loans during the periods indicated was as follows:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (In thousands)
Balance outstanding at the beginning of year | $ | 7,122 |  |  | $ | 7,694 |  |  | $ | 8,144 |
Principal additions | — |  |  | — |  |  | 199 |
Principal reductions | (243) |  |  | (572) |  |  | (649) |
Balance outstanding at the end of year | $ | 6,879 |  |  | $ | 7,122 |  |  | $ | 7,694 |
Residential real estate loan sales | The following table presents information concerning the origination and sale of the Bank's residential real estate loans and the gains from their sale during the periods indicated:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (In thousands)
Originated (1) | $ | 15,190 |  |  | $ | 190,734 |  |  | $ | 191,207 |
Sold | 16,666 |  |  | 89,899 |  |  | 137,580 |
Gain on sale of loans, net (2) | 633 |  |  | 3,644 |  |  | 5,044 |
(1) Includes loans originated for sale in the secondary market or for the Bank's loan portfolio. (2) Excludes net gains on sales of SBA and other loans.
Details of SBNA loans serviced | etails of loans serviced for others for the periods indicated:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
Loans serviced for others with participating interest, gross loan balance | $ | 17,375 |  |  | $ | 30,852 |
Loans serviced for others with participating interest, participation balance owned by Bank (1) | 3,791 |  |  | 7,088 |
(1) Included in the balance of "Loans receivable" on the Consolidated Statements of Financial Condition.

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