LOANS (Tables)

12 Months Ended

Dec. 31, 2022

LOANS

Summary of Loans

Loans are summarized as follows:

	December 31,
(Dollar amounts in thousands)	2022		2021
Commercial	$	1,798,260	$	1,674,066
Residential		673,464		664,509
Consumer		588,539		474,026
Total gross loans		3,060,263		2,812,601
Deferred costs, net		7,175		3,294
Allowance for credit losses		(39,779)		(48,305)
TOTAL	$	3,027,659	$	2,767,590

Capitalized Mortgage Servicing Rights

Activity for capitalized mortgage servicing rights (included in other assets) was as follows:

	December 31,
(Dollar amounts in thousands)	2022		2021		2020
Servicing rights:
Beginning of year	$	1,959	$	1,601	$	1,435
Additions		489		1,094		956
Amortized to expense		(681)		(736)		(790)
End of year	$	1,767	$	1,959	$	1,601