Loans Receivable

3 Months Ended

Mar. 31, 2022

Loans and Leases Receivable Disclosure [Abstract]

Loans Receivable

4.LOANS RECEIVABLE

The portfolio segments and classes of loans are as follows:

(In Thousands)	March 31, 2022			December 31, 2021
Agriculture loans	$	8,111		$	9,341
Commercial loans		94,114			98,604
Paycheck Protection Program ("PPP") loans		10,586			23,774
Commercial real estate loans		353,559			338,749
Residential real estate loans		252,158			231,302
Consumer and other loans		6,359			7,087
Municipal loans		6,193			6,182
		731,080			715,039
Deferred fees		(19	)		(223	)
Allowance for loan losses		(3,443	)		(3,152	)
Total	$	727,618		$	711,664

The Company originates commercial, residential, and consumer loans within its primary market areas of southcentral and southeastern Pennsylvania. A significant portion of the loan portfolio is secured by real estate. In the normal course of business, the Company extends loans to officers, directors, and corporations in which they are beneficially interested as stockholders, officers, or directors. The balance of these loans and extensions of credit totaled $10,271 and $10,631 as of March 31, 2022 and December 31, 2021, respectively.