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Loans
 12 Months Ended
Dec. 31, 2021
Loans and Leases Receivable Disclosure [Abstract]  
Loans LOANS
The following summarizes the Company’s major classifications for loans (in thousands):
December 31, 2021December 31, 2020
Commercial and industrial$346,184 $372,989 
   1-4 Family107,873 109,812 
   Hotels311,315 294,464 
   Multi-family215,677 215,671 
   Non Residential Non-Owner Occupied639,818 641,351 
   Non Residential Owner Occupied204,233 213,484 
Commercial real estate1,478,916 1,474,782 
Residential real estate1,548,965 1,587,694 
Home equity122,345 136,469 
Consumer40,901 47,688 
DDA overdrafts
6,503 2,497 
Gross loans3,543,814 3,622,119 
Allowance for credit losses
(18,166)(24,549)
Net loans
$3,525,648 $3,597,570 
Construction loans included in:
   Residential real estate
$17,252 $27,078 
   Commercial real estate
11,783 40,449 

    The Company's commercial and residential real estate construction loans are primarily secured by real estate within the Company's principal markets. These loans were originated under the Company's loan policy, which is focused on the risk characteristics of the loan portfolio, including construction loans. In the judgment of the Company's management, adequate consideration has been given to these loans in establishing the Company's allowance for credit losses.

Paycheck Protection Program
 
The Company originated loans to its customers under the Paycheck Protection Program ("PPP") administered by the Small Business Administration ("SBA") under the provisions of the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). Loans covered by the PPP may be eligible for loan forgiveness. The remaining loan balances, if any, after the loan forgiveness, are fully guaranteed by the SBA. Through December 31, 2021, the Company has funded approximately $136 million of SBA-approved PPP loans to over 2,500 customers. The Company started submitting forgiveness applications on behalf of its customers during the fourth quarter of 2020 and as of December 31, 2021, has received forgiveness proceeds of approximately $129 million.