XML 56 R39.htm IDEA: XBRL DOCUMENT v3.24.1
LOANS (Tables)
 12 Months Ended
Dec. 31, 2023
LOANS  
Schedule of loan portfolio

The loan portfolio of the Company consists of the following:

​

​

​

​

​

​

​

DECEMBER 31, 2023

​

​

(IN THOUSANDS)

Commercial:

​

​

​

Commercial real estate (owner occupied) (1)

​

$

89,147

Other commercial and industrial

​

​

159,424

Commercial real estate (non-owner occupied):

 

​

​

Retail (1)

​

​

161,961

Multi-family (1)

​

​

110,008

Other (1)

​

​

240,286

Residential mortgages (1)

 

​

174,670

Consumer

 

​

102,775

Loans, net of unearned income

​

$

1,038,271

​

​

​

​

​

​

​

DECEMBER 31, 2022

​

​

(IN THOUSANDS)

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 3.4% and 4.7% of the Company’s total loans, net of unearned income as of December 31, 2023 and 2022, respectively.
Schedule of loan activity with related parties

The following tables summarize the loan activity with related parties for the years ended December 31, 2023 and 2022 (in thousands).

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

YEAR ENDED DECEMBER 31, 2023

​

​

BALANCE AT DECEMBER 31, 2022

​

ADDITIONS

​

REPAYMENTS

​

BALANCE AT DECEMBER 31, 2023

Loans to related parties

​

$

587

​

$

602

​

$

574

​

$

615

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

YEAR ENDED DECEMBER 31, 2022

​

​

BALANCE AT DECEMBER 31, 2021

​

ADDITIONS

​

REPAYMENTS

​

BALANCE AT DECEMBER 31, 2022

Loans to related parties

​

$

601

​

$

206

​

$

220

​

$

587

​