LOANS (Tables)

6 Months Ended

Jun. 30, 2020

LOANS

Loans, by portfolio segment

(Dollars in thousands)	June 30, 2020			December 31, 2019
Commercial and industrial	$	837,667	28.4%	$	527,607	19.9%
Real estate:
Commercial real estate		908,027	30.8%		900,746	34.0%
Construction and development		552,879	18.8%		527,812	19.9%
1-4 family residential		272,253	9.2%		280,192	10.6%
Multi-family residential		255,273	8.7%		277,209	10.5%
Consumer		36,338	1.2%		36,782	1.4%
Agriculture		7,795	0.3%		9,812	0.4%
Other		77,535	2.6%		86,513	3.3%
Total gross loans		2,947,767	100.0%		2,646,673	100.0%
Less allowance for credit losses for loans		(39,678)			(25,280)
Less deferred loan fees and unearned discounts		(12,879)			(6,125)
Less loans held for sale		—			(1,463)
Loans, net	$	2,895,210		$	2,613,805

Loan participations purchased and sold

	Participations		Participations
	Purchased		Sold
	During the		During the
(Dollars in thousands)	Period		Period
June 30, 2020
Commercial	$	—	$	566
Commercial real estate		2,500		—
June 30, 2019
Commercial real estate	$	1,256	$	30,330