Loans Receivable

12 Months Ended

Dec. 31, 2022

Loans and Leases Receivable Disclosure [Abstract]

LOANS RECEIVABLE

The portfolio segments and classes of loans are as follows:


(In Thousands)	December 31, 2022			December 31, 2021
Agriculture loans	$	15,591		$	9,341
Commercial loans		103,874			98,604
Paycheck Protection Program ("PPP") loans		881			23,774
Commercial real estate loans		540,914			338,749
Residential real estate loans		250,832			231,302
Consumer and other loans		10,057			7,087
Municipal loans		5,466			6,182
		927,615			715,039
Deferred costs (fees)		256			(223	)
Allowance for loan losses		(4,666	)		(3,152	)
Total	$	923,205		$	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.

At December 31, 2022 and 2021, the Company serviced residential mortgage loans for the Federal Home Loan Bank of Pittsburgh in the amount of $47,356 and $51,101, respectively.