Loans (Tables)

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Schedule of Loans by Loan Classification

Major classifications of loans at the dates indicated were as follows:

(Dollars in thousands)	March 31, 2020			December 31, 2019
Commercial real estate	$	1,442,150		$	1,394,179
Commercial and industrial	537,790			501,227
Commercial construction	345,683			317,477
Total commercial loans	2,325,623			2,212,883
Residential mortgages	254,188			247,373
Home equity	97,223			98,252
Consumer	10,194			10,054
Total retail loans	361,605			355,679
Gross loans	2,687,228			2,568,562
Deferred loan origination fees, net	(3,301		)	(3,103		)
Total loans	2,683,927			2,565,459
Allowance for loan losses	(39,764		)	(33,614		)
Net loans	$	2,644,163		$	2,531,845

Schedule of Loans Pledged as Collateral

Loans designated as qualified collateral and pledged to the FHLB for borrowing capacity as of the dates indicated are summarized below:

(Dollars in thousands)	March 31, 2020		December 31, 2019
Commercial real estate	$	227,585	$	246,865
Residential mortgages	240,305		231,028
Home equity	7,639		7,676
Total loans pledged to FHLB	$	475,529	$	485,569