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Loans (Tables)
3 Months Ended
Mar. 31, 2023
Loans  
Schedule of loan portfolio

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

March 31, 2023

Commercial:

Commercial real estate (owner occupied) (1)

$

77,805

Other commercial and industrial

150,438

Commercial real estate (non-owner occupied):

 

Retail (1)

154,454

Multi-family (1)

98,945

Other (1)

223,526

Residential mortgages

 

175,211

Consumer

 

100,081

Loans, net of unearned income

$

980,460

December 31, 2022

Commercial:

Commercial and industrial

$

153,398

Paycheck Protection Program (PPP)

22

Commercial real estate (owner occupied) (1)

 

75,158

Commercial real estate (non-owner occupied) (1)

 

450,744

Residential mortgages (1)

 

297,971

Consumer

 

13,473

Loans, net of unearned income

$

990,766

(1)Real estate construction loans constituted 3.2% and 4.7% of the Company’s total loans, net of unearned income as of March 31, 2023 and December 31, 2022, respectively.