Loans and Allowance for Loan Losses

9 Months Ended

Sep. 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:

	September 30, 2021
(dollars in thousands)	New York and other states*		Florida		Total
Commercial:
Commercial real estate	$	147,557		20,512		168,069
Other		36,078		532		36,610
Real estate mortgage - 1 to 4 family:
First mortgages		2,698,870		1,189,086		3,887,956
Home equity loans		49,492		13,837		63,329
Home equity lines of credit		177,240		54,074		231,314
Installment		7,378		2,073		9,451
Total loans, net	$	3,116,615		1,280,114		4,396,729
Less: Allowance for loan losses						47,350
Net loans					$	4,349,379

	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 $20.5 million and $28.9 million as of September 30, 2021 and December 31, 2020, respectively.

At September 30, 2021 and December 31, 2020, the Company had approximately $37.7 million and $24.7 million of real estate construction loans, respectively.  Of the $37.7 million in real estate construction loans at September 30, 2021, approximately $21.9 million are secured by first mortgages to residential borrowers while approximately $15.8 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:

	September 30, 2021
(dollars in thousands)	New York and other states*		Florida		Total
Loans in non-accrual status:
Commercial:
Commercial real estate	$	136		-		136
Other		40		-		40
Real estate mortgage - 1 to 4 family:
First mortgages		15,000		1,894		16,894
Home equity loans		211		45		256
Home equity lines of credit		2,667		127		2,794
Installment		32		-		32
Total non-accrual loans		18,086		2,066		20,152
Restructured real estate mortgages - 1 to 4 family		19		-		19
Total nonperforming loans	$	18,105		2,066		20,171

	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 September 30, 2021 and December 31, 2020, other real estate owned included $511 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 $11.9 million and $11.6 million, respectively, as of September 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 September 30, 2021 and December 31, 2020:

The following table presents the aging of the recorded investment in past due loans by loan class and by region:

	September 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	$	241		-		63		304		147,253		147,557
Other		-		-		40		40		36,038		36,078
Real estate mortgage - 1 to 4 family:
First mortgages		1,802		1,160		10,447		13,409		2,685,461		2,698,870
Home equity loans		-		-		187		187		49,305		49,492
Home equity lines of credit		446		25		1,145		1,616		175,624		177,240
Installment		5		30		-		35		7,343		7,378
Total	$	2,494		1,215		11,882		15,591		3,101,024		3,116,615

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	$	-		-		-		-		20,512		20,512
Other		-		-		-		-		532		532
Real estate mortgage - 1 to 4 family:
First mortgages		482		182		1,367		2,031		1,187,055		1,189,086
Home equity loans		45		-		-		45		13,792		13,837
Home equity lines of credit		186		-		-		186		53,888		54,074
Installment		19		-		-		19		2,054		2,073
Total	$	732		182		1,367		2,281		1,277,833		1,280,114

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	$	241		-		63		304		167,765		168,069
Other		-		-		40		40		36,570		36,610
Real estate mortgage - 1 to 4 family:
First mortgages		2,284		1,342		11,814		15,440		3,872,516		3,887,956
Home equity loans		45		-		187		232		63,097		63,329
Home equity lines of credit		632		25		1,145		1,802		229,512		231,314
Installment		24		30		-		54		9,397		9,451
Total	$	3,226		1,397		13,249		17,872		4,378,857		4,396,729

* 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 September 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 September 30, 2021
(dollars in thousands)	Commercial			Real Estate Mortgage- 1 to 4 Family			Installment		Total
Balance at beginning of period	$	4,106			45,617			432		50,155
Loans charged off:
New York and other states*		30			72			17		119
Florida		-			1			-		1
Total loan chargeoffs		30			73			17		120
Recoveries of loans previously charged off:
New York and other states*		-			111			3		114
Florida		-			1			-		1
Total recoveries		-			112			3		115
Net loans charged off (recoveries)		30			(39	)		14		5
(Credit) provision for loan losses		(823	)		(2,003	)		26		(2,800	)
Balance at end of period	$	3,253			43,653			444		47,350

	For the three months ended September 30, 2020
(dollars in thousands)	Commercial			Real Estate Mortgage- 1 to 4 Family		Installment		Total
Balance at beginning of period	$	4,366			43,274		504		48,144
Loans charged off:
New York and other states*		-			64		21		85
Florida		-			-		-		-
Total loan chargeoffs		-			64		21		85
Recoveries of loans previously charged off:
New York and other states*		1			60		3		64
Florida		-			-		-		-
Total recoveries		1			60		3		64
Net loans (recoveries) charged off		(1	)		4		18		21
(Credit) provision for loan losses		(100	)		1,053		47		1,000
Balance at end of period	$	4,267			44,323		533		49,123

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

	For the nine months ended September 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*		30			178			25			233
Florida		-			1			2			3
Total loan chargeoffs		30			179			27			236
Recoveries of loans previously charged off:
New York and other states*		32			355			52			439
Florida		-			2			-			2
Total recoveries		32			357			52			441
Net loans (recoveries) charged off		(2	)		(178	)		(25	)		(205	)
(Credit) provision for loan losses		(889	)		(1,475	)		(86	)		(2,450	)
Balance at end of period	$	3,253			43,653			444			47,350

	For the nine months ended September 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			277		77		357
Florida		-			-		19		19
Total loan chargeoffs		3			277		96		376
Recoveries of loans previously charged off:
New York and other states*		9			160		11		180
Florida		-			2		-		2
Total recoveries		9			162		11		182
Net loans charged off (recoveries)		(6	)		115		85		194
Provision for loan losses		262			4,690		48		5,000
Balance at end of period	$	4,267			44,323		533		49,123

* 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 September 30, 2021 and December 31, 2020:

	September 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		3,253		43,653		444		47,350
Total ending allowance balance	$	3,253		43,653		444		47,350
Loans:
Individually evaluated for impairment	$	521		19,292		-		19,813
Collectively evaluated for impairment		204,158		4,163,307		9,451		4,376,916
Total ending loans balance	$	204,679		4,182,599		9,451		4,396,729

	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 September 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 September 30, 2021 and December 31, 2020:

	September 30, 2021
New York and other states*: (dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	388		480		-		1,147
Other		40		40		-		108
Real estate mortgage - 1 to 4 family:
First mortgages		14,261		14,567		-		14,070
Home equity loans		199		199		-		235
Home equity lines of credit		2,052		2,192		-		2,255
Total	$	16,940		17,478		-		17,815

Florida: (dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	93		93		-		105
Other		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		2,597		2,597		-		2,563
Home equity loans		-		-		-		15
Home equity lines of credit		183		183		-		246
Total	$	2,873		2,873		-		2,929

Total: (dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment
Commercial:
Commercial real estate	$	481		573		-		1,252
Other		40		40		-		108
Real estate mortgage - 1 to 4 family:
First mortgages		16,858		17,164		-		16,633
Home equity loans		199		199		-		250
Home equity lines of credit		2,235		2,375		-		2,501
Total	$	19,813		20,351		-		20,744

* 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 nine months ended September 30, 2021 and 2020.

As of September 30, 2021 and December 31, 2020 impaired loans included approximately $10.9 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 September 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 9/30/2021						Three months ended 9/30/2020
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		-	$	-		-		1	$	126		126
Real estate mortgage - 1 to 4 family:
First mortgages		2		557		557		6		1,533		1,533
Home equity loans		-		-		-		-		-		-
Home equity lines of credit		1		31		31		1		50		50
Total		3	$	588		588		8	$	1,709		1,709

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

-

-

-

-

-

-

Home equity loans

-

-

-

-

-

-

Home equity lines of credit

-

-

-

-

-

-

Total

-

$

-

-

-

$

-

-

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

	Nine months ended 9/30/2021						Nine months ended 9/30/2020
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		-	$	-		-		1	$	126		126
Real estate mortgage - 1 to 4 family:
First mortgages		4		923		923		9		1,982		1,982
Home equity loans		1		2		2		-		-		-
Home equity lines of credit		3		88		88		3		169		169
Total		8	$	1,013		1,013		13	$	2,277		2,277

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		589		589
Home equity loans		-		-		-		-		-		-
Home equity lines of credit		-		-		-		-		-		-
Total		1	$	78		78		4	$	589		589

* 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.

The following table presents, by class, TDR’s that defaulted during the three and nine months ended September 30, 2021 and 2020 which had been modified within the last twelve months:

	Three months ended 9/30/2021				Three months ended 9/30/2020
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		-		-		3		264
Home equity lines of credit		-		-		1		19
Total		-	$	-		4	$	283

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 loans		-		-		-		-
Home equity lines of credit		-		-		-		-
Total		-	$	-		-	$	-

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

	Nine months ended 9/30/2021				Nine months ended 9/30/2020
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		-		-		4		459
Home equity loans		-		-		-		-
Home equity lines of credit		-		-		1		19
Total		-	$	-		5	$	478

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 September 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 September 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:

	September 30, 2021
New York and other states*:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	145,400		2,157		147,557
Other		35,913		165		36,078
	$	181,313		2,322		183,635

Florida:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	19,957		555		20,512
Other		532		-		532
	$	20,489		555		21,044

Total:
(dollars in thousands)	Pass		Classified		Total
Commercial:
Commercial real estate	$	165,357		2,712		168,069
Other		36,445		165		36,610
	$	201,802		2,877		204,679

* 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 $297 thousand and $796 thousand at September 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 September 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 September 30, 2021 and December 31, 2020 is presented in the non-accrual loans table.