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Loans by Type
 6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
Loans by Type

Note 6 – Loans by Type

A summary of loan categories is as follows:

        June 30,       December 31,
(In thousands)   2019   2018
Commercial and industrial   $      348,176   $      277,091
Real estate:            
Commercial:            
Mortgage     85,571     95,605
Construction     18,609     11,858
Faith-based:            
Mortgage     319,083     316,147
Construction     17,438     20,576
Other     1,675     310
Total loans   $ 790,552   $ 721,587

The following table presents the aging of loans by loan categories at June 30, 2019 and December 31, 2018:

Performing Nonperforming
                    90          
Days
30-59 60-89 and Non- Total
(In thousands) Current Days Days Over accrual Loans
June 30, 2019
Commercial and industrial $     348,176 $     — $     — $     — $     — $     348,176
Real estate:
Commercial:
Mortgage 85,571 — — — — 85,571
Construction 18,609 — — — — 18,609
Faith-based:
Mortgage 319,083 — — — — 319,083
Construction 17,438 — — — — 17,438
Other 1,675 — — — — 1,675
Total $ 790,552 $ — $ — $ — $ — $ 790,552
December 31, 2018
Commercial and industrial $ 277,091 $ — $ — $ — $ — $ 277,091
Real estate:
Commercial:
Mortgage 95,605 — — — — 95,605
Construction 11,858 — — — — 11,858
Faith-based:
Mortgage 316,147 — — — — 316,147
Construction 20,576 — — — — 20,576
Other 310 — — — — 310
Total $ 721,587 $ — $ — $ — $ — $ 721,587

The following table presents the credit exposure of the loan portfolio by internal credit grade as of June 30, 2019 and December 31, 2018:

Loans Performing Nonperforming
Subject to Loans Subject to Loans Subject
Normal Special to Special
(In thousands) Monitoring1 Monitoring2 Monitoring2 Total Loans
June 30, 2019                         
Commercial and industrial $     347,416 $     760 $     — $     348,176
Real estate:
Commercial:
Mortgage 85,434 137 — 85,571
Construction 18,609 — — 18,609
Faith-based:
Mortgage 317,917 1,166 — 319,083
Construction 17,438 — — 17,438
Other 1,675 — — 1,675
Total $ 788,489 $ 2,063 $ — $ 790,552
December 31, 2018
Commercial and industrial $ 275,308 $ 1,783 $ — $ 277,091
Real estate:
Commercial:
Mortgage 95,447 158 — 95,605
Construction 11,858 — — 11,858
Faith-based:
Mortgage 314,940 1,207 — 316,147
Construction 20,576 — — 20,576
Other 310 — — 310
Total $ 718,439 $ 3,148 $ — $ 721,587
1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
2 Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.

Impaired loans consist primarily of nonaccrual loans, loans greater than 90 days past due and still accruing interest and troubled debt restructurings, both performing and nonperforming. Troubled debt restructuring involves the granting of a concession to a borrower experiencing financial difficulty resulting in the modification of terms of the loan, such as changes in payment schedule or interest rate. Management measures impairment in accordance with FASB ASC 310, “Allowance for Credit Losses.” There were no impaired loans, loans delinquent 90 days or more and still accruing, or loans classified as troubled debt restructurings at June 30, 2019 and December 31, 2018.

There were no foreclosed loans recorded as other real estate owned as of June 30, 2019 and December 31, 2018.

A summary of the activity in the allowance for loan losses from December 31, 2018 to June 30, 2019 is as follows:

December 31, Charge- June 30,
(In thousands) 2018 Offs Recoveries Provision 2019
Commercial and industrial      $     4,179      $     —      $     31      $     1,058      $     5,268
Real estate:
Commercial:
Mortgage 1,417 — — (148) 1,269
Construction 89 — — 51 140
Church, church-related:
Mortgage 3,961 — — 36 3,997
Construction 155 — — (24) 131
Other 424 — — (723) (299)
Total $ 10,225 $ — $ 31 $ 250 $ 10,506

A summary of the activity in the allowance for loan losses from December 31, 2017 to June 30, 2018 is as follows:

     December 31,      Charge-                June 30,
(In thousands) 2017 Offs Recoveries Provision 2018
Commercial and industrial $     3,652 $     — $     10 $     311 $     3,973
Real estate:
Commercial:
Mortgage 1,394 — — (80) 1,314
Construction 70 — — 90 160
Church, church-related:
Mortgage 3,962 — — (71) 3,891
Construction 196 — — 68 264
Industrial revenue bonds 52 — — (25) 27
Other 879 — — (293) 586
Total $ 10,205 $ — $ 10 $ — $ 10,215