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Loans (Tables)
9 Months Ended
Sep. 30, 2020
Loans  
Schedule of loan portfolio

The loan portfolio of the Company consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

September 30, 2020

 

December 31, 2019

Commercial:

 

 

 

 

 

 

Commercial and industrial

 

$

152,636

 

$

173,922

Paycheck Protection Program (PPP)

 

 

68,460

 

 

 —

Commercial loans secured by owner occupied real estate

 

 

90,819

 

 

91,655

Commercial loans secured by non-owner occupied real estate

 

 

378,858

 

 

363,635

Real estate − residential mortgage

 

 

233,811

 

 

235,239

Consumer

 

 

17,196

 

 

18,255

Loans, net of unearned income

 

$

941,780

 

$

882,706

 

Summary of risk concentrations for commercial and commercial real estate loans by industry type

The following table provides information regarding our potential COVID-19 risk concentrations for commercial and commercial real estate loans by industry type at September 30, 2020 (in thousands). 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Paycheck

 

Commercial loans

 

Commercial loans

 

 

 

 

 

Commercial

 

Protection

 

secured by owner

 

secured by non-owner

 

 

 

 

    

and industrial

    

Program

    

occupied real estate

    

occupied real estate

    

Total

1-4 unit residential

 

$

1,488

 

$

 —

 

$

107

 

$

5,920

 

$

7,515

Multifamily/apartments/student housing

 

 

 —

 

 

 —

 

 

418

 

 

54,963

 

 

55,381

Office

 

 

32,793

 

 

9,924

 

 

10,075

 

 

34,452

 

 

87,244

Retail

 

 

7,997

 

 

1,786

 

 

21,213

 

 

116,830

 

 

147,826

Industrial/manufacturing/warehouse

 

 

89,382

 

 

29,463

 

 

17,751

 

 

43,093

 

 

179,689

Hotels

 

 

372

 

 

1,287

 

 

 —

 

 

41,830

 

 

43,489

Eating and drinking places

 

 

855

 

 

13,630

 

 

4,424

 

 

538

 

 

19,447

Amusement and recreation

 

 

245

 

 

106

 

 

3,345

 

 

46

 

 

3,742

Mixed use

 

 

 —

 

 

 —

 

 

2,802

 

 

66,435

 

 

69,237

Other

 

 

19,504

 

 

12,264

 

 

30,684

 

 

14,751

 

 

77,203

Total

 

$

152,636

 

$

68,460

 

$

90,819

 

$

378,858

 

$

690,773