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LOANS AND LEASES (Tables) | 6 Months Ended
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Jun. 30, 2020
Receivables [Abstract] |
Schedule of composition of loans categorized by the type of loan | Loans outstanding, excluding those held for sale, by general ledger classification, as of June 30, 2020 and December 31, 2019, consisted of the following:
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  | June 30, |  |  | Totals |  |  | December 31, |  |  | Total |
(Dollars in thousands) |  | 2020 |  |  | Loans |  |  | 2019 |  |  | Loans |
Residential mortgage |  | $ | 525,994 |  |  |  | 10.82 | % |  | $ | 549,138 |  |  |  | 12.50 | %
Multifamily mortgage |  |  | 1,178,494 |  |  |  | 24.23 |  |  |  | 1,210,003 |  |  |  | 27.54 |
Commercial mortgage |  |  | 761,910 |  |  |  | 15.67 |  |  |  | 761,244 |  |  |  | 17.32 |
Commercial loans (including equipment financing) (A) |  |  | 2,285,382 |  |  |  | 47.00 |  |  |  | 1,756,477 |  |  |  | 39.97 |
Commercial construction |  |  | 3,515 |  |  |  | 0.07 |  |  |  | 5,306 |  |  |  | 0.12 |
Home equity lines of credit |  |  | 54,006 |  |  |  | 1.11 |  |  |  | 57,248 |  |  |  | 1.30 |
Consumer loans, including fixed rate home equity loans |  |  | 53,111 |  |  |  | 1.09 |  |  |  | 54,372 |  |  |  | 1.24 |
Other loans |  |  | 272 |  |  |  | 0.01 |  |  |  | 349 |  |  |  | 0.01 |
Total loans |  | $ | 4,862,684 |  |  |  | 100.00 | % |  | $ | 4,394,137 |  |  |  | 100.00 | %
| (A) | The June 30, 2020 balance includes PPP loans of $521.6 million
In determining an appropriate amount for the allowance, the Bank segments and evaluates the loan portfolio based on federal Call Report codes. The following portfolio classes have been identified as of June 30, 2020 and December 31, 2019:
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  | June 30, |  |  | Totals |  |  | December 31, |  |  | Total |
(Dollars in thousands) |  | 2020 |  |  | Loans |  |  | 2019 |  |  | Loans |
Primary residential mortgage |  | $ | 537,442 |  |  |  | 11.04 | % |  | $ | 578,306 |  |  |  | 13.17 | %
Home equity lines of credit |  |  | 54,005 |  |  |  | 1.11 |  |  |  | 57,248 |  |  |  | 1.30 |
Junior lien loan on residence |  |  | 6,160 |  |  |  | 0.13 |  |  |  | 7,011 |  |  |  | 0.16 |
Multifamily property |  |  | 1,178,494 |  |  |  | 24.20 |  |  |  | 1,210,003 |  |  |  | 27.56 |
Owner-occupied commercial real estate |  |  | 257,555 |  |  |  | 5.29 |  |  |  | 249,419 |  |  |  | 5.68 |
Investment commercial real estate |  |  | 1,090,791 |  |  |  | 22.40 |  |  |  | 1,095,182 |  |  |  | 24.95 |
Commercial and industrial (A) |  |  | 1,426,401 |  |  |  | 29.30 |  |  |  | 867,295 |  |  |  | 19.76 |
Lease financing |  |  | 254,655 |  |  |  | 5.23 |  |  |  | 258,401 |  |  |  | 5.89 |
Farmland/agricultural production |  |  | 2,711 |  |  |  | 0.05 |  |  |  | 3,043 |  |  |  | 0.07 |
Commercial construction loans |  |  | 3,711 |  |  |  | 0.08 |  |  |  | 5,520 |  |  |  | 0.13 |
Consumer and other loans |  |  | 56,980 |  |  |  | 1.17 |  |  |  | 58,213 |  |  |  | 1.33 |
Total loans |  | $ | 4,868,905 |  |  |  | 100.00 | % |  | $ | 4,389,641 |  |  |  | 100.00 | %
Net deferred costs |  |  | (6,221 | ) |  |  |  |  |  |  | 4,496 |  |  |  |  |
Total loans including net deferred costs |  | $ | 4,862,684 |  |  |  |  |  |  | $ | 4,394,137 |  |  |  |  |
| (A) | The June 30, 2020 balance includes PPP loans of $521.6 million
Schedule of loan balances by portfolio segment, based on impairment method, and the corresponding balances in the allowance for loan losses | The following tables present the loan balances by portfolio class, based on impairment method, and the corresponding balances in the allowance for loan and lease losses (ALLL) as of June 30, 2020 and December 31, 2019:
|  | June 30, 2020 |
|  | Total |  |  | Ending ALLL |  |  | Total |  |  | Ending ALLL |  |  |  |  |  |  |  |  |
|  | Loans |  |  | Attributable |  |  | Loans |  |  | Attributable |  |  |  |  |  |  |  |  |
|  | Individually |  |  | To Loans |  |  | Collectively |  |  | To Loans |  |  |  |  |  |  |  |  |
|  | Evaluated |  |  | Individually |  |  | Evaluated |  |  | Collectively |  |  |  |  |  |  | Total |
|  | For |  |  | Evaluated for |  |  | For |  |  | Evaluated for |  |  | Total |  |  | Ending |
(In thousands) |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Loans |  |  | ALLL |
Primary residential mortgage |  | $ | 6,983 |  |  | $ | 55 |  |  | $ | 530,459 |  |  | $ | 3,019 |  |  | $ | 537,442 |  |  | $ | 3,074 |
Home equity lines of credit |  |  | 18 |  |  |  | 16 |  |  |  | 53,987 |  |  |  | 228 |  |  |  | 54,005 |  |  |  | 244 |
Junior lien loan on residence |  |  | — |  |  |  | — |  |  |  | 6,160 |  |  |  | 20 |  |  |  | 6,160 |  |  |  | 20 |
Multifamily property |  |  | — |  |  |  | — |  |  |  | 1,178,494 |  |  |  | 9,662 |  |  |  | 1,178,494 |  |  |  | 9,662 |
Owner-occupied commercial real estate |  |  | 362 |  |  |  | — |  |  |  | 257,193 |  |  |  | 3,177 |  |  |  | 257,555 |  |  |  | 3,177 |
Investment commercial real estate |  |  | 22,134 |  |  |  | 4,000 |  |  |  | 1,068,657 |  |  |  | 25,866 |  |  |  | 1,090,791 |  |  |  | 29,866 |
Commercial and industrial (A) |  |  | 4,211 |  |  |  | 250 |  |  |  | 1,422,190 |  |  |  | 15,968 |  |  |  | 1,426,401 |  |  |  | 16,218 |
Lease financing |  |  | — |  |  |  | — |  |  |  | 254,655 |  |  |  | 3,349 |  |  |  | 254,655 |  |  |  | 3,349 |
Farmland/agricultural production |  |  | — |  |  |  | — |  |  |  | 2,711 |  |  |  | 38 |  |  |  | 2,711 |  |  |  | 38 |
Commercial construction loans |  |  | — |  |  |  | — |  |  |  | 3,711 |  |  |  | 49 |  |  |  | 3,711 |  |  |  | 49 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | 56,980 |  |  |  | 368 |  |  |  | 56,980 |  |  |  | 368 |
Total ALLL |  | $ | 33,708 |  |  | $ | 4,321 |  |  | $ | 4,835,197 |  |  | $ | 61,744 |  |  | $ | 4,868,905 |  |  | $ | 66,065 |
| (A) | The balance includes PPP loans of $521.6 million which have no reserve as these loans are guaranteed by the SBA.
|  | December 31, 2019 |
|  | Total |  |  | Ending ALLL |  |  | Total |  |  | Ending ALLL |  |  |  |  |  |  |  |  |
|  | Loans |  |  | Attributable |  |  | Loans |  |  | Attributable |  |  |  |  |  |  |  |  |
|  | Individually |  |  | To Loans |  |  | Collectively |  |  | To Loans |  |  |  |  |  |  |  |  |
|  | Evaluated |  |  | Individually |  |  | Evaluated |  |  | Collectively |  |  |  |  |  |  | Total |
|  | For |  |  | Evaluated for |  |  | For |  |  | Evaluated for |  |  | Total |  |  | Ending |
(In thousands) |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Loans |  |  | ALLL |
Primary residential mortgage |  | $ | 6,890 |  |  | $ | 215 |  |  | $ | 571,416 |  |  | $ | 1,875 |  |  | $ | 578,306 |  |  | $ | 2,090 |
Home equity lines of credit |  |  | 3 |  |  |  | — |  |  |  | 57,245 |  |  |  | 128 |  |  |  | 57,248 |  |  |  | 128 |
Junior lien loan on residence |  |  | 19 |  |  |  | — |  |  |  | 6,992 |  |  |  | 13 |  |  |  | 7,011 |  |  |  | 13 |
Multifamily property |  |  | — |  |  |  | — |  |  |  | 1,210,003 |  |  |  | 6,037 |  |  |  | 1,210,003 |  |  |  | 6,037 |
Owner-occupied commercial real estate |  |  | 379 |  |  |  | — |  |  |  | 249,040 |  |  |  | 2,064 |  |  |  | 249,419 |  |  |  | 2,064 |
Investment commercial real estate |  |  | 22,605 |  |  |  | 1,000 |  |  |  | 1,072,577 |  |  |  | 14,988 |  |  |  | 1,095,182 |  |  |  | 15,988 |
Commercial and industrial |  |  | 6,028 |  |  |  | 1,585 |  |  |  | 861,267 |  |  |  | 12,768 |  |  |  | 867,295 |  |  |  | 14,353 |
Lease financing |  |  | — |  |  |  | — |  |  |  | 258,401 |  |  |  | 2,642 |  |  |  | 258,401 |  |  |  | 2,642 |
Farmland/agricultural production |  |  | — |  |  |  | — |  |  |  | 3,043 |  |  |  | 38 |  |  |  | 3,043 |  |  |  | 38 |
Commercial construction loans |  |  | — |  |  |  | — |  |  |  | 5,520 |  |  |  | 27 |  |  |  | 5,520 |  |  |  | 27 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | 58,213 |  |  |  | 296 |  |  |  | 58,213 |  |  |  | 296 |
Total ALLL |  | $ | 35,924 |  |  | $ | 2,800 |  |  | $ | 4,353,717 |  |  | $ | 40,876 |  |  | $ | 4,389,641 |  |  | $ | 43,676 |
Schedule of loans individually evaluated for impairment | The following tables present loans individually evaluated for impairment by class of loans as of June 30, 2020 and December 31, 2019 (The average impaired loans on the following tables represent year to date impaired loans.):
|  | June 30, 2020 |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Average |
|  | Principal |  |  | Recorded |  |  | Specific |  |  | Impaired |
(In thousands) |  | Balance |  |  | Investment |  |  | Reserves |  |  | Loans |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 7,522 |  |  | $ | 6,324 |  |  | $ | — |  |  | $ | 5,992 |
Owner-occupied commercial real estate |  |  | 439 |  |  |  | 362 |  |  |  | — |  |  |  | 366 |
Investment commercial real estate |  |  | 9,612 |  |  |  | 7,687 |  |  |  | — |  |  |  | 8,038 |
Home equity lines of credit |  |  | 5 |  |  |  | 2 |  |  |  | — |  |  |  | 2 |
Commercial and industrial |  |  | 373 |  |  |  | 373 |  |  |  | — |  |  |  | 272 |
Total loans with no related allowance |  | $ | 17,951 |  |  | $ | 14,748 |  |  | $ | — |  |  | $ | 14,670 |
With related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 659 |  |  | $ | 659 |  |  | $ | 55 |  |  | $ | 558 |
Investment commercial real estate |  |  | 15,064 |  |  |  | 14,447 |  |  |  | 4,000 |  |  |  | 14,450 |
Home equity lines of credit |  |  | 16 |  |  |  | 16 |  |  |  | 16 |  |  |  | 3 |
Commercial and industrial |  |  | 6,294 |  |  |  | 3,838 |  |  |  | 250 |  |  |  | 5,598 |
Total loans with related allowance |  | $ | 22,033 |  |  | $ | 18,960 |  |  | $ | 4,321 |  |  | $ | 20,609 |
Total loans individually evaluated for impairment |  | $ | 39,984 |  |  | $ | 33,708 |  |  | $ | 4,321 |  |  | $ | 35,279 |
|  | December 31, 2019 |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Average |
|  | Principal |  |  | Recorded |  |  | Specific |  |  | Impaired |
(In thousands) |  | Balance |  |  | Investment |  |  | Reserves |  |  | Loans |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 7,310 |  |  | $ | 6,071 |  |  | $ | — |  |  | $ | 7,186 |
Owner-occupied commercial real estate |  |  | 450 |  |  |  | 379 |  |  |  | — |  |  |  | 1,099 |
Investment commercial real estate |  |  | 9,663 |  |  |  | 8,138 |  |  |  | — |  |  |  | 14,115 |
Home equity lines of credit |  |  | 5 |  |  |  | 3 |  |  |  | — |  |  |  | 77 |
Junior lien loan on residence |  |  | 92 |  |  |  | 19 |  |  |  | — |  |  |  | 29 |
Total loans with no related allowance |  | $ | 17,520 |  |  | $ | 14,610 |  |  | $ | — |  |  | $ | 22,506 |
With related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 819 |  |  | $ | 819 |  |  | $ | 215 |  |  | $ | 1,011 |
Investment commercial real estate |  |  | 15,064 |  |  |  | 14,467 |  |  |  | 1,000 |  |  |  | 4,832 |
Commercial and industrial |  |  | 6,229 |  |  |  | 6,028 |  |  |  | 1,585 |  |  |  | 3,685 |
Total loans with related allowance |  | $ | 22,112 |  |  | $ | 21,314 |  |  | $ | 2,800 |  |  | $ | 9,528 |
Total loans individually evaluated for impairment |  | $ | 39,632 |  |  | $ | 35,924 |  |  | $ | 2,800 |  |  | $ | 32,034 |
Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual | The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of June 30, 2020 and December 31, 2019:
|  | June 30, 2020 |
|  |  |  |  |  | Loans Past Due |
|  |  |  |  |  | Over 90 Days |
|  |  |  |  |  | And Still |
(In thousands) |  | Nonaccrual |  |  | Accruing Interest |
Primary residential mortgage |  | $ | 4,652 |  |  | $ | — |
Home equity lines of credit |  |  | 18 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 362 |  |  |  | — |
Investment commercial real estate |  |  | 17,499 |  |  |  | — |
Commercial and industrial |  |  | 4,166 |  |  |  | — |
Total |  | $ | 26,697 |  |  | $ | — |
|  | December 31, 2019 |
|  |  |  |  |  | Loans Past Due |
|  |  |  |  |  | Over 90 Days |
|  |  |  |  |  | And Still |
(In thousands) |  | Nonaccrual |  |  | Accruing Interest |
Primary residential mortgage |  | $ | 4,533 |  |  | $ | — |
Home equity lines of credit |  |  | 3 |  |  |  | — |
Junior lien loan on residence |  |  | 19 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 379 |  |  |  | — |
Investment commercial real estate |  |  | 17,919 |  |  |  | — |
Commercial and industrial |  |  | 6,028 |  |  |  | — |
Total |  | $ | 28,881 |  |  | $ | — |
Schedule of aging of past due loans | The following tables present the aging of the recorded investment in past due loans as of June 30, 2020 and December 31, 2019 by class of loans, excluding nonaccrual loans:
|  | June 30, 2020 |
|  | 30-59 |  |  | 60-89 |  |  | Greater Than |  |  |  |  |
|  | Days |  |  | Days |  |  | 90 Days |  |  | Total |
(In thousands) |  | Past Due |  |  | Past Due |  |  | Past Due |  |  | Past Due |
Primary residential mortgage |  | $ | 1,765 |  |  | $ | 228 |  |  | $ | — |  |  | $ | 1,993 |
Multifamily property |  |  | 923 |  |  |  | — |  |  |  | — |  |  |  | 923 |
Owner-occupied commercial real estate |  |  | — |  |  |  | 388 |  |  |  | — |  |  |  | 388 |
Commercial and industrial |  |  | 44 |  |  |  | 281 |  |  |  | — |  |  |  | 325 |
Lease financing |  |  | 156 |  |  |  | — |  |  |  | — |  |  |  | 156 |
Total |  | $ | 2,888 |  |  | $ | 897 |  |  | $ | — |  |  | $ | 3,785 |
|  | December 31, 2019 |
|  | 30-59 |  |  | 60-89 |  |  | Greater Than |  |  |  |  |
|  | Days |  |  | Days |  |  | 90 Days |  |  | Total |
(In thousands) |  | Past Due |  |  | Past Due |  |  | Past Due |  |  | Past Due |
Primary residential mortgage |  | $ | 1,264 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,264 |
Home equity lines of credit |  |  | 80 |  |  |  | — |  |  |  | — |  |  |  | 80 |
Consumer and other loans |  |  | 566 |  |  |  | — |  |  |  | — |  |  |  | 566 |
Total |  | $ | 1,910 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,910 |
Schedule of the risk category of loans by class of loans | As of June 30, 2020, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
|  |  |  |  |  | Special |  |  |  |  |  |  |  |  |
(In thousands) |  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |
Primary residential mortgage |  | $ | 529,722 |  |  | $ | 527 |  |  | $ | 7,193 |  |  | $ | — |
Home equity lines of credit |  |  | 53,987 |  |  |  | — |  |  |  | 18 |  |  |  | — |
Junior lien loan on residence |  |  | 6,160 |  |  |  | — |  |  |  | — |  |  |  | — |
Multifamily property |  |  | 1,177,802 |  |  |  | — |  |  |  | 692 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 254,772 |  |  |  | 459 |  |  |  | 2,324 |  |  |  | — |
Investment commercial real estate |  |  | 1,049,878 |  |  |  | — |  |  |  | 40,913 |  |  |  | — |
Commercial and industrial |  |  | 1,387,125 |  |  |  | 26,854 |  |  |  | 12,422 |  |  |  | — |
Lease financing |  |  | 254,655 |  |  |  | — |  |  |  | — |  |  |  | — |
Farmland/agricultural production |  |  | 2,711 |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial construction loans |  |  | 3,629 |  |  |  | 82 |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | 56,980 |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 4,777,421 |  |  | $ | 27,922 |  |  | $ | 63,562 |  |  | $ | — |
As of December 31, 2019, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
|  |  |  |  |  | Special |  |  |  |  |  |  |  |  |
(In thousands) |  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |
Primary residential mortgage |  | $ | 570,353 |  |  | $ | 853 |  |  | $ | 7,100 |  |  | $ | — |
Home equity lines of credit |  |  | 57,245 |  |  |  | — |  |  |  | 3 |  |  |  | — |
Junior lien loan on residence |  |  | 6,992 |  |  |  | — |  |  |  | 19 |  |  |  | — |
Multifamily property |  |  | 1,209,288 |  |  |  | — |  |  |  | 715 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 247,388 |  |  |  | — |  |  |  | 2,031 |  |  |  | — |
Investment commercial real estate |  |  | 1,053,445 |  |  |  | 6,325 |  |  |  | 35,412 |  |  |  | — |
Commercial and industrial |  |  | 847,285 |  |  |  | 6,382 |  |  |  | 13,628 |  |  |  | — |
Lease financing |  |  | 258,401 |  |  |  | — |  |  |  | — |  |  |  | — |
Farmland/agricultural production |  |  | 3,043 |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial construction loans |  |  | 5,437 |  |  |  | 83 |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | 58,213 |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 4,317,090 |  |  | $ | 13,643 |  |  | $ | 58,908 |  |  | $ | — |
Schedule of Activity in Allowance for Loan and Lease Losses | The activity in the allowance for loan and lease losses for the three months ended June 30, 2020 is summarized below:
|  | April 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, |
|  | 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2020 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 3,173 |  |  | $ | — |  |  | $ | 36 |  |  | $ | (135 | ) |  | $ | 3,074 |
Home equity lines of credit |  |  | 237 |  |  |  | — |  |  |  | 2 |  |  |  | 5 |  |  |  | 244 |
Junior lien loan on residence |  |  | 23 |  |  |  | — |  |  |  | — |  |  |  | (3 | ) |  |  | 20 |
Multifamily property |  |  | 9,104 |  |  |  | — |  |  |  | — |  |  |  | 558 |  |  |  | 9,662 |
Owner-occupied commercial real estate |  |  | 2,838 |  |  |  | — |  |  |  | — |  |  |  | 339 |  |  |  | 3,177 |
Investment commercial real estate |  |  | 27,671 |  |  |  | (400 | ) |  |  | — |  |  |  | 2,595 |  |  |  | 29,866 |
Commercial and industrial |  |  | 17,124 |  |  |  | (2,254 | ) |  |  | 2 |  |  |  | 1,346 |  |  |  | 16,218 |
Lease financing |  |  | 3,141 |  |  |  | — |  |  |  | — |  |  |  | 208 |  |  |  | 3,349 |
Farmland/agricultural production |  |  | 38 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 38 |
Commercial construction loans |  |  | 40 |  |  |  | — |  |  |  | — |  |  |  | 9 |  |  |  | 49 |
Consumer and other loans |  |  | 394 |  |  |  | (5 | ) |  |  | 1 |  |  |  | (22 | ) |  |  | 368 |
Total ALLL |  | $ | 63,783 |  |  | $ | (2,659 | ) |  | $ | 41 |  |  | $ | 4,900 |  |  | $ | 66,065 |
The activity in the allowance for loan and lease losses for the three months ended June 30, 2019 is summarized below:
|  | April 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, |
|  | 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2019 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 3,477 |  |  | $ | (80 | ) |  | $ | 9 |  |  | $ | (349 | ) |  | $ | 3,057 |
Home equity lines of credit |  |  | 152 |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 155 |
Junior lien loan on residence |  |  | 15 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 15 |
Multifamily property |  |  | 5,768 |  |  |  | — |  |  |  | — |  |  |  | (24 | ) |  |  | 5,744 |
Owner-occupied commercial real estate |  |  | 2,534 |  |  |  | — |  |  |  | 64 |  |  |  | (101 | ) |  |  | 2,497 |
Investment commercial real estate |  |  | 14,410 |  |  |  | — |  |  |  | — |  |  |  | 240 |  |  |  | 14,650 |
Commercial and industrial |  |  | 10,185 |  |  |  | — |  |  |  | 5 |  |  |  | 1,273 |  |  |  | 11,463 |
Lease financing |  |  | 1,803 |  |  |  | — |  |  |  | — |  |  |  | 85 |  |  |  | 1,888 |
Farmland/agricultural production |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Commercial construction loans |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Consumer and other loans |  |  | 306 |  |  |  | (14 | ) |  |  | 1 |  |  |  | 26 |  |  |  | 319 |
Total ALLL |  | $ | 38,653 |  |  | $ | (94 | ) |  | $ | 82 |  |  | $ | 1,150 |  |  | $ | 39,791 |
The activity in the allowance for loan and lease losses for the six months ended June 30, 2020 is summarized below:
|  | January 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, |
|  | 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2020 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 2,090 |  |  | $ | — |  |  | $ | 113 |  |  | $ | 871 |  |  | $ | 3,074 |
Home equity lines of credit |  |  | 128 |  |  |  | — |  |  |  | 5 |  |  |  | 111 |  |  |  | 244 |
Junior lien loan on residence |  |  | 13 |  |  |  | — |  |  |  | — |  |  |  | 7 |  |  |  | 20 |
Multifamily property |  |  | 6,037 |  |  |  | — |  |  |  | — |  |  |  | 3,625 |  |  |  | 9,662 |
Owner-occupied commercial real estate |  |  | 2,064 |  |  |  | — |  |  |  | — |  |  |  | 1,113 |  |  |  | 3,177 |
Investment commercial real estate |  |  | 15,988 |  |  |  | (400 | ) |  |  | 31 |  |  |  | 14,247 |  |  |  | 29,866 |
Commercial and industrial |  |  | 14,353 |  |  |  | (2,254 | ) |  |  | 5 |  |  |  | 4,114 |  |  |  | 16,218 |
Lease financing |  |  | 2,642 |  |  |  | — |  |  |  | — |  |  |  | 707 |  |  |  | 3,349 |
Farmland/agricultural production |  |  | 38 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 38 |
Commercial construction loans |  |  | 27 |  |  |  | — |  |  |  | — |  |  |  | 22 |  |  |  | 49 |
Consumer and other loans |  |  | 296 |  |  |  | (13 | ) |  |  | 2 |  |  |  | 83 |  |  |  | 368 |
Total ALLL |  | $ | 43,676 |  |  | $ | (2,667 | ) |  | $ | 156 |  |  | $ | 24,900 |  |  | $ | 66,065 |
The activity in the allowance for loan and lease losses for the six months ended June 30, 2019 is summarized below:
|  | January 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | June 30, |
|  | 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2019 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 3,506 |  |  | $ | (80 | ) |  | $ | 51 |  |  | $ | (420 | ) |  | $ | 3,057 |
Home equity lines of credit |  |  | 164 |  |  |  | — |  |  |  | 5 |  |  |  | (14 | ) |  |  | 155 |
Junior lien loan on residence |  |  | 15 |  |  |  | — |  |  |  | 11 |  |  |  | (11 | ) |  |  | 15 |
Multifamily property |  |  | 5,959 |  |  |  | — |  |  |  | — |  |  |  | (215 | ) |  |  | 5,744 |
Owner-occupied commercial real estate |  |  | 2,614 |  |  |  | — |  |  |  | 64 |  |  |  | (181 | ) |  |  | 2,497 |
Investment commercial real estate |  |  | 14,248 |  |  |  | — |  |  |  | — |  |  |  | 402 |  |  |  | 14,650 |
Commercial and industrial |  |  | 9,839 |  |  |  | — |  |  |  | 9 |  |  |  | 1,615 |  |  |  | 11,463 |
Lease financing |  |  | 1,772 |  |  |  | — |  |  |  | — |  |  |  | 116 |  |  |  | 1,888 |
Farmland/agricultural production |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Commercial construction loans |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Consumer and other loans |  |  | 384 |  |  |  | (25 | ) |  |  | 2 |  |  |  | (42 | ) |  |  | 319 |
Total ALLL |  | $ | 38,504 |  |  | $ | (105 | ) |  | $ | 142 |  |  | $ | 1,250 |  |  | $ | 39,791 |
Schedule of loans modified as troubled debt restructurings | Details with respect to loan modifications are as follows:
|  |  |  |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |
|  | Number of |  |  | Recorded |
(Dollars in thousands) |  | Loans |  |  | Investment |
Primary residential mortgage |  |  | 229 |  |  | $ | 92,335 |
Home equity lines of credit |  |  | 21 |  |  |  | 5,380 |
Junior lien loan on residence |  |  | 7 |  |  |  | 481 |
Multifamily property |  |  | 72 |  |  |  | 270,598 |
Owner-occupied commercial real estate |  |  | 44 |  |  |  | 51,610 |
Investment commercial real estate |  |  | 76 |  |  |  | 411,008 |
Commercial and industrial |  |  | 42 |  |  |  | 31,305 |
Lease financing |  |  | 9 |  |  |  | 47,782 |
Farmland/agricultural production |  |  | 1 |  |  |  | 133 |
Commercial construction loans |  |  | 3 |  |  |  | 3,073 |
Total |  |  | 504 |  |  | $ | 913,705 |
The following table presents loans by class modified as TDRs during the three-month period ended June 30, 2020:
|  |  |  |  |  | Pre-Modification |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |  |  | Outstanding |
|  | Number of |  |  | Recorded |  |  | Recorded |
(Dollars in thousands) |  | Loans |  |  | Investment |  |  | Investment |
Primary residential mortgage |  |  | 1 |  |  | $ | 139 |  |  | $ | 139 |
Total |  |  | 1 |  |  | $ | 139 |  |  | $ | 139 |
The following table presents loans by class modified as TDRs during the six-month period ended June 30, 2020:
|  |  |  |  |  | Pre-Modification |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |  |  | Outstanding |
|  | Number of |  |  | Recorded |  |  | Recorded |
(Dollars in thousands) |  | Loans |  |  | Investment |  |  | Investment |
Primary residential mortgage |  |  | 2 |  |  | $ | 391 |  |  | $ | 391 |
Commercial and inudstrial |  |  | 1 |  |  |  | 45 |  |  |  | 45 |
Total |  |  | 3 |  |  | $ | 436 |  |  | $ | 436 |
The following table presents loans by class modified as TDRs that failed to comply with the modified terms in the twelve months following modification and resulted in a payment default at June 30, 2020:
|  | Number of |  |  | Recorded |
(Dollars in thousands) |  | Loans |  |  | Investment |
Primary residential mortgage |  |  | 1 |  |  | $ | 200 |
Commercial and industrial |  |  | 1 |  |  |  | 45 |
Total |  |  | 2 |  |  | $ | 245 |

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