Loans and Allowance for Loan Losses

6 Months Ended

Jun. 30, 2021

Loans and Allowance for Loan Losses [Abstract]

Loans and Allowance for Loan Losses

(5) Loans and Allowance for Loan Losses

The following table presents the recorded investment in loans by loan class:

	June 30, 2021
(dollars in thousands)	New York and other states*		Florida		Total
Commercial:
Commercial real estate	$	146,430		18,393		164,823
Other		48,733		608		49,341
Real estate mortgage - 1 to 4 family:
First mortgages		2,662,813		1,165,274		3,828,087
Home equity loans		50,593		13,671		64,264
Home equity lines of credit		181,921		52,293		234,214
Installment		6,946		1,692		8,638
Total loans, net	$	3,097,436		1,251,931		4,349,367
Less: Allowance for loan losses						50,155
Net loans					$	4,299,212

	December 31, 2020
(dollars in thousands)	New York and other states*		Florida		Total
Commercial:
Commercial real estate	$	148,775		18,666		167,441
Other		44,932		119		45,051
Real estate mortgage - 1 to 4 family:
First mortgages		2,606,781		1,098,915		3,705,696
Home equity loans		59,400		15,071		74,471
Home equity lines of credit		193,654		48,540		242,194
Installment		7,810		1,807		9,617
Total loans, net	$	3,061,352		1,183,118		4,244,470
Less: Allowance for loan losses						49,595
Net loans					$	4,194,875

* Includes New York, New Jersey, Vermont and Massachusetts.

Included in commercial loans above are Paycheck Protection Program (“PPP”) loans totaling $32.5 million and $28.9 million as of June 30, 2021 and December 31, 2020, respectively.

At June 30, 2021 and December 31, 2020, the Company had approximately $33.1 million and $24.7 million of real estate construction loans, respectively. Of the $33.1 million in real estate construction loans at June 30, 2021, approximately $16.9 million are secured by first mortgages to residential borrowers while approximately $16.2 million were to commercial borrowers for residential construction projects.  Of the $24.7 million in real estate construction loans at December 31, 2020, approximately $10.5 million are secured by first mortgages to residential borrowers while approximately $14.2 million were to commercial borrowers for residential construction projects. The vast majority of construction loans are in the Company’s New York market.

TrustCo lends in the geographic territory of its branch locations in New York, Florida, Massachusetts, New Jersey and Vermont. Although the loan portfolio is diversified, a portion of its debtors’ ability to repay depends significantly on the economic conditions prevailing in the respective geographic territory.

The following table presents the recorded investment in non-accrual loans by loan class:

	June 30, 2021
(dollars in thousands)	New York and other states*		Florida		Total
Loans in non-accrual status:
Commercial:
Commercial real estate	$	80		-		80
Other		70		-		70
Real estate mortgage - 1 to 4 family:
First mortgages		15,431		1,969		17,400
Home equity loans		76		46		122
Home equity lines of credit		2,959		127		3,086
Installment		43		-		43
Total non-accrual loans		18,659		2,142		20,801
Restructured real estate mortgages - 1 to 4 family		20		-		20
Total nonperforming loans	$	18,679		2,142		20,821

	December 31, 2020
(dollars in thousands)	New York and other states*		Florida		Total
Loans in non-accrual status:
Commercial:
Commercial real estate	$	372		-		372
Other		80		-		80
Real estate mortgage - 1 to 4 family:
First mortgages		16,637		1,010		17,647
Home equity loans		80		47		127
Home equity lines of credit		2,662		130		2,792
Installment		43		-		43
Total non-accrual loans		19,874		1,187		21,061
Restructured real estate mortgages - 1 to 4 family		23		-		23
Total nonperforming loans	$	19,897		1,187		21,084

* Includes New York, New Jersey, Vermont and Massachusetts..

The Company transfers loans to other real estate owned, at fair value less cost to sell, in the period the Company obtains physical possession of the property (through legal title or through a deed in lieu).  As of June 30, 2021 and December 31, 2020, other real estate owned included $251 thousand and $541 thousand of residential foreclosed properties, respectively.  In addition, non-accrual residential mortgage loans that are in the process of foreclosure had a recorded investment of $11.1 million and $11.6 million, respectively, as of June 30, 2021 and December 31, 2020.

The following tables present the aging of the recorded investment in past due loans by loan class and by region as of June 30, 2021 and December 31, 2020:

	June 30, 2021
New York and other states*:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	188		-		-		188		146,242		146,430
Other		-		-		69		69		48,664		48,733
Real estate mortgage - 1 to 4 family:
First mortgages		2,142		545		10,897		13,584		2,649,229		2,662,813
Home equity loans		109		136		-		245		50,348		50,593
Home equity lines of credit		128		-		1,426		1,554		180,367		181,921
Installment		14		2		1		17		6,929		6,946
Total	$	2,581		683		12,393		15,657		3,081,779		3,097,436

Florida:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	-		-		-		-		18,393		18,393
Other		-		-		-		-		608		608
Real estate mortgage - 1 to 4 family:
First mortgages		-		-		1,437		1,437		1,163,837		1,165,274
Home equity loans		-		-		-		-		13,671		13,671
Home equity lines of credit		-		-		-		-		52,293		52,293
Installment		7		9		-		16		1,676		1,692
Total	$	7		9		1,437		1,453		1,250,478		1,251,931

Total:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	188		-		-		188		164,635		164,823
Other		-		-		69		69		49,272		49,341
Real estate mortgage - 1 to 4 family:
First mortgages		2,142		545		12,334		15,021		3,813,066		3,828,087
Home equity loans		109		136		-		245		64,019		64,264
Home equity lines of credit		128		-		1,426		1,554		232,660		234,214
Installment		21		11		1		33		8,605		8,638
Total	$	2,588		692		13,830		17,110		4,332,257		4,349,367

* Includes New York, New Jersey, Vermont and Massachusetts.

	December 31, 2020
New York and other states*:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	125		77		279		481		148,294		148,775
Other		-		-		80		80		44,852		44,932
Real estate mortgage - 1 to 4 family:
First mortgages		1,220		982		10,927		13,129		2,593,652		2,606,781
Home equity loans		120		1		48		169		59,231		59,400
Home equity lines of credit		401		344		1,273		2,018		191,636		193,654
Installment		3		-		43		46		7,764		7,810
Total	$	1,869		1,404		12,650		15,923		3,045,429		3,061,352

Florida:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	-		-		-		-		18,666		18,666
Other		-		-		-		-		119		119
Real estate mortgage - 1 to 4 family:
First mortgages		365		517		655		1,537		1,097,378		1,098,915
Home equity loans		-		-		47		47		15,024		15,071
Home equity lines of credit		-		-		-		-		48,540		48,540
Installment		7		10		-		17		1,790		1,807
Total	$	372		527		702		1,601		1,181,517		1,183,118

Total:
(dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 + Days Past Due		Total 30+ days Past Due		Current		Total Loans
Commercial:
Commercial real estate	$	125		77		279		481		166,960		167,441
Other		-		-		80		80		44,971		45,051
Real estate mortgage - 1 to 4 family:
First mortgages		1,585		1,499		11,582		14,666		3,691,030		3,705,696
Home equity loans		120		1		95		216		74,255		74,471
Home equity lines of credit		401		344		1,273		2,018		240,176		242,194
Installment		10		10		43		63		9,554		9,617
Total	$	2,241		1,931		13,352		17,524		4,226,946		4,244,470

* Includes New York, New Jersey, Vermont and Massachusetts.

At June 30, 2021 and December 31, 2020, there were no loans that were 90 days past due and still accruing interest.  As a result, non-accrual loans include all loans 90 days or more past due as well as certain loans less than 90 days past due that were placed on non-accrual status for reasons other than delinquent status.  There are no commitments to extend further credit on non-accrual or restructured loans.

Activity in the allowance for loan losses by portfolio segment is summarized as follows:

	For the three months ended June 30, 2021
(dollars in thousands)	Commercial		Real Estate Mortgage- 1 to 4 Family			Installment			Total
Balance at beginning of period	$	4,052		45,507			432			49,991
Loans charged off:
New York and other states*		-		20			1			21
Florida		-		-			-			-
Total loan chargeoffs		-		20			1			21
Recoveries of loans previously charged off:
New York and other states*		-		156			28			184
Florida		-		1			-			1
Total recoveries		-		157			28			185
Net loans (recoveries) charged off		-		(137	)		(27	)		(164	)
(Credit) provision for loan losses		54		(27	)		(27	)		-
Balance at end of period	$	4,106		45,617			432			50,155

	For the three months ended June 30, 2020
(dollars in thousands)	Commercial			Real Estate Mortgage- 1 to 4 Family			Installment			Total
Balance at beginning of period	$	3,960			41,643			552			46,155
Loans charged off:
New York and other states*		-			22			49			71
Florida		-			-			-			-
Total loan chargeoffs		-			22			49			71
Recoveries of loans previously charged off:
New York and other states*		6			49			5			60
Florida		-			-			-			-
Total recoveries		6			49			5			60
Net loans (recoveries) charged off		(6	)		(27	)		44			11
(Credit) provision for loan losses		400			1,604			(4	)		2,000
Balance at end of period	$	4,366			43,274			504			48,144

* Includes New York, New Jersey, Vermont and Massachusetts.

	For the six months ended June 30, 2021
	Commercial			Real Estate Mortgage- 1 to 4 Family			Installment			Total
Balance at beginning of period	$	4,140			44,950			505			49,595
Loans charged off:
New York and other states*		-			106			8			114
Florida		-			-			2			2
Total loan chargeoffs		-			106			10			116
Recoveries of loans previously charged off:
New York and other states*		32			244			49			325
Florida		-			1			-			1
Total recoveries		32			245			49			326
Net loans charged off (recoveries)		(32	)		(139	)		(39	)		(210	)
Provision (credit) for loan losses		(66	)		528			(112	)		350
Balance at end of period	$	4,106			45,617			432			50,155

	For the six months ended June 30, 2020
	Commercial			Real Estate Mortgage- 1 to 4 Family		Installment		Total
Balance at beginning of period	$	3,999			39,748		570		44,317
Loans charged off:
New York and other states*		3			213		56		272
Florida		-			-		19		19
Total loan chargeoffs		3			213		75		291
Recoveries of loans previously charged off:
New York and other states*		8			100		8		116
Florida		-			2		-		2
Total recoveries		8			102		8		118
Net loans charged off (recoveries)		(5	)		111		67		173
Provision for loan losses		362			3,637		1		4,000
Balance at end of period	$	4,366			43,274		504		48,144

* Includes New York, New Jersey, Vermont and Massachusetts.

The Company has identified non-accrual commercial and commercial real estate loans, as well as all loans restructured under a troubled debt restructuring (“TDR”), as impaired loans.  A loan is considered impaired when it is probable that the borrower will be unable to repay the loan according to the original contractual terms of the loan agreement or the loan is restructured as a TDR.

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2021 and December 31, 2020:

	June 30, 2021
(dollars in thousands)	Commercial Loans		1-to-4 Family Residential Real Estate		Installment Loans		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		-		-		-
Collectively evaluated for impairment		4,106		45,617		432		50,155
Total ending allowance balance	$	4,106		45,617		432		50,155
Loans:
Individually evaluated for impairment	$	670		19,383		-		20,053
Collectively evaluated for impairment		213,494		4,107,182		8,638		4,329,314
Total ending loans balance	$	214,164		4,126,565		8,638		4,349,367

	December 31, 2020
(dollars in thousands)	Commercial Loans		1-to-4 Family Residential Real Estate		Installment Loans		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		-		-		-
Collectively evaluated for impairment		4,140		44,950		505		49,595
Total ending allowance balance	$	4,140		44,950		505		49,595
Loans:
Individually evaluated for impairment	$	1,028		20,553		-		21,581
Collectively evaluated for impairment		211,464		4,001,808		9,617		4,222,889
Total ending loans balance	$	212,492		4,022,361		9,617		4,244,470

A loan for which the terms have been modified, and for which the borrower is experiencing financial difficulties, is considered a TDR and is classified as impaired. TDR’s at June 30, 2021 and December 31, 2020 are measured at the present value of estimated future cash flows using the loan’s effective rate at inception or the fair value of the underlying collateral if the loan is considered collateral dependent.

The following tables present impaired loans by loan class as of June 30, 2021 and December 31, 2020:

	June 30, 2021
New York and other states*:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	506		598		-		1,129
Other		69		69		-		110
Real estate mortgage - 1 to 4 family:
First mortgages		14,158		14,478		-		14,050
Home equity loans		213		213		-		235
Home equity lines of credit		2,036		2,176		-		2,253
Total	$	16,982		17,534		-		17,777

Florida:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	95		95		-		105
Other		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		2,720		2,720		-		2,583
Home equity loans		-		-		-		14
Home equity lines of credit		256		256		-		246
Total	$	3,071		3,071		-		2,948

Total:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	601		693		-		1,234
Other		69		69		-		110
Real estate mortgage - 1 to 4 family:
First mortgages		16,878		17,198		-		16,633
Home equity loans		213		213		-		249
Home equity lines of credit		2,292		2,432		-		2,499
Total	$	20,053		20,605		-		20,725

* Includes New York, New Jersey, Vermont and Massachusetts.

	December 31, 2020
New York and other states*:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	819		943		-		1,186
Other		111		111		-		103
Real estate mortgage - 1 to 4 family:
First mortgages		15,024		15,411		-		14,110
Home equity loans		219		240		-		235
Home equity lines of credit		2,158		2,298		-		2,258
Total	$	18,331		19,003		-		17,892

Florida:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	98		98		-		105
Other		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		2,908		2,908		-		2,555
Home equity loans		-		-		-		16
Home equity lines of credit		244		244		-		246
Total	$	3,250		3,250		-		2,922

Total:
(dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	917		1,041		-		1,291
Other		111		111		-		103
Real estate mortgage - 1 to 4 family:
First mortgages		17,932		18,319		-		16,665
Home equity loans		219		240		-		251
Home equity lines of credit		2,402		2,542		-		2,504
Total	$	21,581		22,253		-		20,814

* Includes New York, New Jersey, Vermont and Massachusetts.

The Company has not committed to lend additional amounts to customers with outstanding loans that are classified as impaired. Interest income recognized on impaired loans was not material during the three and six months ended June 30, 2021 and 2020.

As of June 30, 2021 and December 31, 2020 impaired loans included approximately $11.3 million and $11.7 million of loans in accruing status that were identified as TDR’s in accordance with regulatory guidance related to Chapter 7 bankruptcy loans, respectively.

Management evaluates impairment on impaired loans on a quarterly basis. If, during this evaluation, impairment of the loan is identified, a charge off is taken at that time. As a result, as of June 30, 2021 and December 31, 2020, based upon management’s evaluation and due to the sufficiency of charge offs taken, none of the allowance for loan losses has been allocated to a specific impaired loan(s).

The following table presents, by class, loans that were modified as TDR’s:

	Three months ended 6/30/2021						Three months ended 6/30/2020
New York and other states*:	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
(dollars in thousands)
Commercial:
Commercial real estate		-	$	-		-		-	$	-		-
Real estate mortgage - 1 to 4 family:
First mortgages		2		368		368		2		294		294
Home equity loans		1		2		2		-		-		-
Home equity lines of credit		2		59		59		1		50		50
Total		5	$	429		429		3	$	344		344

Florida: (dollars in thousands)	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Commercial:
Commercial real estate		-	$	-		-		-	$	-		-
Real estate mortgage - 1 to 4 family:
First mortgages		1		78		78		3		446		446
Home equity loans		-		-		-		-		-		-
Home equity lines of credit		-		-		-		-		-		-
Total		1	$	78		78		3	$	446		446

* Includes New York, New Jersey, Vermont and Massachusetts.

	Six months ended 6/30/2021						Six months ended 6/30/2020
New York and other states*:	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
(dollars in thousands)
Commercial:
Commercial real estate		-	$	-		-		-	$	-		-
Real estate mortgage - 1 to 4 family:
First mortgages		2		368		368		3		457		457
Home equity loans		1		2		2		-		-		-
Home equity lines of credit		2		59		59		2		119		119
Total		5	$	429		429		5	$	576		576

Florida: (dollars in thousands)	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Commercial:
Commercial real estate		-	$	-		-		-	$	-		-
Real estate mortgage - 1 to 4 family:
First mortgages		1		78		78		4		592		592
Home equity loans		-		-		-		-		-		-
Home equity lines of credit		-		-		-		-		-		-
Total		1	$	78		78		4	$	592		592

* Includes New York, New Jersey, Vermont and Massachusetts.

The addition of these TDR’s did not have a significant impact on the allowance for loan losses.

In situations where the Company considers a loan modification, management determines whether the borrower is experiencing financial difficulty by performing an evaluation of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification.  This evaluation is performed under the Company’s underwriting policy.

Generally, the modification of the terms of loans was the result of the borrower filing for bankruptcy protection. Chapter 13 bankruptcies generally include the deferral of all past due amounts for a period of generally 60 months in accordance with the bankruptcy court order. In the case of Chapter 7 bankruptcies, as previously noted, even though there is no modification of terms, the borrowers’ debt to the Company was discharged and they did not reaffirm the debt.

A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. In situations involving a borrower filing for Chapter 13 bankruptcy protection, however, a loan is considered to be in payment default once it is 30 days contractually past due, consistent with the treatment by the bankruptcy court.

During the three months ended June 30, 2021 and 2020 there were no TDR’s that defaulted which had been modified during the last twelve months.  The following table presents, by class, TDR’s that defaulted during the six months ended June 30, 2021 and 2020 which had been modified within the last twelve months:

	Three months ended 6/30/2021				Three months ended 6/30/2020
New York and other states*:	Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment
(dollars in thousands)
Commercial:
Commercial real estate		-	$	-		-	$	-
Real estate mortgage - 1 to 4 family:
First mortgages		-		-		1		195
Home equity loans		-		-		-		-
Home equity lines of credit		-		-		-		-
Total		-	$	-		1	$	195

:Florida
(dollars in thousands)	Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment
Commercial:
Commercial real estate		-	$	-		-	$	-
Real estate mortgage - 1 to 4 family:
First mortgages		-		-		-		-
Home equity lines of credit		-		-		-		-
Total		-	$	-		-	$	-

* Includes New York, New Jersey, Vermont and Massachusetts.

The TDR’s that subsequently defaulted described above did not have a material impact on the allowance for loan losses.

Loan modifications and payment deferrals as a result of COVID-19 that meet the criteria established under Section 4013 of the CARES Act or under applicable interagency guidance of the federal banking regulators are excluded from evaluation of TDR classification and will continue to be reported as current during the payment deferral period. The Company’s policy is to continue to accrue interest during the deferral period. Loans not meeting the CARES ACT or regulatory guidance are evaluated for TDR and non-accrual treatment under the Company’s existing policies and procedures.  Loan modifications and payment deferrals made pursuant to COVID 19 as of June 30, 2021 were not material.

The Company categorizes non-homogenous loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. On at least an annual basis, the Company’s loan grading process analyzes non-homogeneous loans, such as commercial and commercial real estate loans, individually by grading the loans based on credit risk.  The loan grades assigned to all loan types are tested by the Company’s internal loan review department in accordance with the Company’s internal loan review policy.

The Company uses the following definitions for classified loans:

Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date.

Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as such have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected.

Doubtful: Loans classified as doubtful have all the weaknesses inherent in those loans classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. All doubtful loans are considered impaired.

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be “pass” rated loans.

As of June 30, 2021 and December 31, 2020, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

	June 30, 2021
New York and other states*:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	143,928		2,502		146,430
Other		48,536		197		48,733
	$	192,464		2,699		195,163

Florida:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	17,833		560		18,393
Other		608		-		608
	$	18,441		560		19,001

Total:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	161,761		3,062		164,823
Other		49,144		197		49,341
	$	210,905		3,259		214,164

* Includes New York, New Jersey and Massachusetts.

	December 31, 2020
New York and other states:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	145,741		3,034		148,775
Other		44,522		410		44,932
	$	190,263		3,444		193,707

Florida:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	18,092		574		18,666
Other		119		-		119
	$	18,211		574		18,785

Total:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	163,833		3,608		167,441
Other		44,641		410		45,051
	$	208,474		4,018		212,492

* Includes New York, New Jersey and Massachusetts.

Included in classified loans in the above tables are impaired loans of $444 thousand and $796 thousand at June 30, 2021 and December 31, 2020, respectively.

For homogeneous loan pools, such as residential mortgages, home equity lines of credit, and installment loans, the Company uses payment status to identify the credit risk in these loan portfolios.  Payment status is reviewed on a daily basis by the Company’s collection area and on a monthly basis with respect to determining the adequacy of the allowance for loan losses.  The payment status of these homogeneous pools as of June 30, 2021 and December 31, 2020 is included in the aging of the recorded investment of the past due loans table.  In addition, the total nonperforming portion of these homogeneous loan pools as of June 30, 2021 and December 31, 2020 is presented in the non-accrual loans table.