(3) LOANS



	December 31
(Dollars in thousands)	2015		2014
Residential mortgage	$	28,651	$	25,993
Commercial mortgage		274,132		257,310
Commercial:
Commercial term		102,178		80,819
Commercial construction		20,364		35,534
Consumer:
Home equity		51,270		50,192
Other		5,163		5,755
Total loans	$	481,758	$	455,603
Less allowance for credit losses		(4,935)		(4,906)
Net loans	$	476,823	$	450,697

Some of DNB’s directors and executive officers, and their related interests had transactions with the Bank in the ordinary course of business. All loan transactions were made on substantially the same terms, such as collateral and interest rates, as those prevailing at the time for comparable transactions. In the opinion of management, these transactions do not involve more than the normal risk of collectability nor do the present other unfavorable features. It is anticipated that similar transactions will be entered into the future. DNB had $70,000 in related party loans at December 31, 2014. After $8,000 in advances and $11,000 in payments on these loans during 2015, DNB had $67,000 in related party loans at December 31, 2015.