LOANS (Tables)

3 Months Ended

Mar. 31, 2020

LOANS

Loans, by portfolio segment

(Dollars in thousands)	March 31, 2020			December 31, 2019
Commercial and industrial	$	542,650	20.3%	$	527,607	19.9%
Real estate:
Commercial real estate		904,395	33.8%		900,746	34.0%
Construction and development		558,343	20.8%		527,812	19.9%
1-4 family residential		276,142	10.3%		280,192	10.6%
Multi-family residential		267,152	10.0%		277,209	10.5%
Consumer		38,133	1.4%		36,782	1.4%
Agriculture		7,520	0.3%		9,812	0.4%
Other		84,076	3.1%		86,513	3.3%
Total gross loans		2,678,411	100.0%		2,646,673	100.0%
Less allowance for credit losses for loans		(31,194)			(25,280)
Less deferred loan fees and unearned discounts		(5,942)			(6,125)
Less loans held for sale		(882)			(1,463)
Loans, net	$	2,640,393		$	2,613,805

Loan participations purchased and sold

	Participations		Participations
	Purchased		Sold
	During the		During the
(Dollars in thousands)	Period		Period
March 31, 2020
Commercial real estate	$	2,500	$	—
March 31, 2019
Commercial real estate	$	1,256	$	—