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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Activity In The Non-Covered Allowance For Loan And Lease Losses
The following tables summarize activity related to the allowance for credit losses by portfolio segment as of December 31, 2021 and 2020:
December 31, 2021
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$141,710 $150,864 $27,964 $7,863 $328,401 
(Recapture) provision for credit losses on loans and leases(42,136)10,431 250 (3,677)(35,132)
Charge-offs(1,144)(54,425)(70)(3,658)(59,297)
Recoveries645 10,703 924 2,168 14,440 
Net (charge-offs) recoveries(499)(43,722)854 (1,490)(44,857)
Balance, end of period$99,075 $117,573 $29,068 $2,696 $248,412 
Reserve for unfunded commitments
Balance, beginning of period$15,360 $2,190 $1,661 $1,075 $20,286 
(Recapture) provision for credit losses on unfunded commitments(6,899)(162)296 (754)(7,519)
Balance, end of period8,461 2,028 1,957 321 12,767 
Total allowance for credit losses$107,536 $119,601 $31,025 $3,017 $261,179 

December 31, 2020
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$50,847 $73,820 $24,714 $8,248 $157,629 
Impact of CECL adoption5,077 44,009 2,099 (1,186)49,999 
Adjusted balance, beginning of period55,924 117,829 26,813 7,062 207,628 
Provision (recapture) for credit losses on loans and leases86,186 101,478 (190)4,401 191,875 
Charge-offs(1,413)(76,488)(521)(6,074)(84,496)
Recoveries1,013 8,045 1,862 2,474 13,394 
Net (charge-offs) recoveries(400)(68,443)1,341 (3,600)(71,102)
Balance, end of period$141,710 $150,864 $27,964 $7,863 $328,401 
Reserve for unfunded commitments
Balance, beginning of period$534 $2,539 $149 $1,884 $5,106 
Impact of CECL adoption4,030 (487)1,267 (1,572)3,238 
Adjusted balance, beginning of period4,564 2,052 1,416 312 8,344 
Provision for credit losses on unfunded commitments
10,796 138 245 763 11,942 
Balance, end of period15,360 2,190 1,661 1,075 20,286 
Total allowance for credit losses$157,070 $153,054 $29,625 $8,938 $348,687 
Schedule of Reserve for Unfunded Commitments
The following table presents the unfunded loan and lease commitments for the years ended December 31, 2021 and 2020: 
 (in thousands)
Total
December 31, 2021$6,971,443 
December 31, 2020$5,672,009 
Non-Covered Non-Accrual Loans And Loans Past Due December 31, 2021 and 2020: 
December 31, 2021
(in thousands)Greater than 30 to 59 Days Past Due60 to 89 Days Past DueGreater than 90 Days and AccruingTotal Past Due
Non-Accrual (1)
Current
Total Loans and Leases
Commercial real estate       
Non-owner occupied term, net$388 $1,138 $— $1,526 $3,384 $3,781,977 $3,786,887 
Owner occupied term, net101 65 1 167 2,383 2,329,872 2,332,422 
Multifamily, net— — — — — 4,051,202 4,051,202 
Construction & development, net— — — — — 890,338 890,338 
Residential development, net— — — — — 206,990 206,990 
Commercial
Term, net4,627 2,345 4 6,976 4,225 2,997,272 3,008,473 
Lines of credit & other, net300 2 357 659 — 910,074 910,733 
Leases & equipment finance, net6,806 8,951 3,799 19,556 8,873 1,439,247 1,467,676 
Residential 
Mortgage, net
802 3,668 27,249 31,719 — 4,485,547 4,517,266 
Home equity loans & lines, net1,214 491 732 2,437 — 1,194,733 1,197,170 
Consumer & other, net396 386 194 976 — 183,047 184,023 
Total, net of deferred fees and costs$14,634 $17,046 $32,336 $64,016 $18,865 $22,470,299 $22,553,180 
(1) Loans and leases on non-accrual with an amortized cost basis of $18.9 million had a related allowance for credit losses of $7.5 million at December 31, 2021.
December 31, 2020
(in thousands)Greater than 30 to 59 Days Past Due60 to 89 Days Past DueGreater than 90 Days and AccruingTotal Past Due
Non-Accrual (1)
Current
Total Loans and Leases
Commercial real estate       
Non-owner occupied term, net$1,214 $21,309 $815 $23,338 $3,809 $3,478,655 $3,505,802 
Owner occupied term, net182 103 208 493 5,984 2,327,468 2,333,945 
Multifamily, net— 215 — 215 — 3,348,981 3,349,196 
Construction & development, net3,991 — — 3,991 — 824,487 828,478 
Residential development, net— — — — — 192,761 192,761 
Commercial
Term, net562 — 4 566 2,205 4,021,696 4,024,467 
Lines of credit & other, net1,491 2,667 7 4,165 336 858,259 862,760 
Leases & equipment finance, net14,242 18,220 4,796 37,258 18,742 1,400,630 1,456,630 
Residential
Mortgage, net
1,587 3,912 27,713 33,212 — 3,838,694 3,871,906 
Home equity loans & lines, net844 544 2,463 3,851 — 1,132,213 1,136,064 
Consumer & other, net678 286 355 1,319 — 216,039 217,358 
Total, net of deferred fees and costs$24,791 $47,256 $36,361 $108,408 $31,076 $21,639,883 $21,779,367 
(1) Loans and leases on non-accrual with an amortized cost basis of $31.1 million had a related allowance for credit losses of $16.7 million at December 31, 2020.
Collateral Dependent Loans and Leases December 31, 2021. There have been no significant changes in the level of collateralization from the prior periods.
(in thousands)Residential Real EstateCommercial Real EstateGeneral Business AssetsOtherTotal
Commercial real estate
Non-owner occupied term, net$— $3,104 $— $— $3,104 
Owner occupied term, net— 2,034 — — 2,034 
Commercial
Term, net980 520 626 1,695 3,821 
Line of credit & other, net— — — 1 1 
Leases & equipment finance, net— — 8,873 — 8,873 
Residential
Mortgage, net31,569 — — — 31,569 
Home equity loans & lines, net3,032 — — — 3,032 
Total net of deferred fees and costs$35,581 $5,658 $9,499 $1,696 $52,434 
Schedule Of Troubled Debt Restructurings December 31, 2021 and 2020: 
December 31, 2021
(in thousands)Accrual StatusNon-Accrual StatusTotal Modification# of Contracts
Commercial real estate, net$1,031 $59 $1,090 5 
Residential, net5,641 — 5,641 35 
Consumer & other, net22 — 22 3 
Total, net of deferred fees and costs$6,694 $59 $6,753 43 
 
December 31, 2020
(in thousands)Accrual StatusNon-Accrual StatusTotal Modification# of Contracts
Commercial real estate, net$1,345 $289 $1,634 7 
Commercial, net1,231 — 1,231 1 
Residential, net12,415 — 12,415 75 
Total, net of deferred fees and costs$14,991 $289 $15,280 83 

The following table presents loans that were determined to be TDRs during the years ended December 31, 2021 and 2020:  
(in thousands)20212020
Commercial, net$— $8,508 
Residential, net6,711 15,397 
Consumer & other, net36 74 
Total, net of deferred fees and costs$6,747 $23,979 
Internal Risk Rating By Loan Class The following tables represent the amortized costs basis of the loans and leases by credit classification and vintage year by loan and lease class of financing receivable as of December 31, 2021:
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 2021
20212020201920182017PriorTotal
Commercial real estate:
Non-owner occupied term, net
Credit quality indicator:
Pass/Watch$901,230 $434,875 $618,879 $431,098 $308,872 $942,501 $1,313 $3,679 $3,642,447 
Special mention— 1,311 1,411 12,252 844 38,268 — — 54,086 
Substandard19,270 2,214 2,605 53,312 2,990 9,641 — — 90,032 
Doubtful— — — — — 78 — — 78 
Loss— — — — — 244 — — 244 
Total non-owner occupied term, net$920,500 $438,400 $622,895 $496,662 $312,706 $990,732 $1,313 $3,679 $3,786,887 
Owner occupied term, net
Credit quality indicator:
Pass/Watch$594,677 $237,814 $369,483 $245,707 $227,201 $601,934 $5,017 $737 $2,282,570 
Special mention— — 7,445 10,739 4,936 12,219 — — 35,339 
Substandard— 897 674 1,815 — 10,697 — — 14,083 
Doubtful— — — — — — — — — 
Loss— — — — — 430 — — 430 
Total owner occupied term, net$594,677 $238,711 $377,602 $258,261 $232,137 $625,280 $5,017 $737 $2,332,422 
Multifamily, net
Credit quality indicator:
Pass/Watch$1,700,221 $380,506 $748,207 $346,192 $334,688 $510,385 $26,475 $2,931 $4,049,605 
Special mention— — — — — 1,597 — — 1,597 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Loss— — — — — — — — — 
Total multifamily, net$1,700,221 $380,506 $748,207 $346,192 $334,688 $511,982 $26,475 $2,931 $4,051,202 
Construction & development, net
Credit quality indicator:
Pass/Watch$264,489 $310,207 $237,435 $48,911 $18,375 $136 $2,382 $— $881,935 
Special mention— — — — — — — — — 
Substandard— — — 8,403 — — — — 8,403 
Doubtful— — — — — — — — — 
Loss— — — — — — — — — 
Total construction & development, net$264,489 $310,207 $237,435 $57,314 $18,375 $136 $2,382 $— $890,338 
Residential development, net
Credit quality indicator:
Pass/Watch$28,744 $15,623 $— $— $— $— $156,587 $6,036 $206,990 
Special mention— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Loss— — — — — — — — — 
Total residential development, net$28,744 $15,623 $— $— $— $— $156,587 $6,036 $206,990 
Total commercial real estate$3,508,631 $1,383,447 $1,986,139 $1,158,429 $897,906 $2,128,130 $191,774 $13,383 $11,267,839 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 2021
20212020201920182017PriorTotal
Commercial:
Term, net
Credit quality indicator:
Pass/Watch$1,102,310 $306,969 $200,352 $179,217 $206,405 $215,105 $699,230 $14,075 $2,923,663 
Special mention— 4,454 97 28,971 587 825 27,909 1,501 64,344 
Substandard1,217 9,827 — 1,095 2,648 1,264 — 3,189 19,240 
Doubtful— — — — 809 — — — 809 
Loss— — — 417 — — — — 417 
Total term, net$1,103,527 $321,250 $200,449 $209,700 $210,449 $217,194 $727,139 $18,765 $3,008,473 
Lines of credit & other, net
Credit quality indicator:
Pass/Watch$31,836 $9,170 $16,529 $10,945 $334 $1,605 $812,207 $8,498 $891,124 
Special mention— — — — — — 8,830 752 9,582 
Substandard714 414 — — — 1,118 3,238 4,540 10,024 
Doubtful— — — — — — 1 — 1 
Loss— — — — — — 1 1 2 
Total lines of credit & other, net$32,550 $9,584 $16,529 $10,945 $334 $2,723 $824,277 $13,791 $910,733 
Leases & equipment finance, net
Credit quality indicator:
Pass/Watch$599,301 $325,379 $282,101 $138,627 $43,950 $38,965 $— $— $1,428,323 
Special mention2,512 1,965 1,782 1,690 572 130 — — 8,651 
Substandard4,280 7,333 2,682 1,448 578 160 — — 16,481 
Doubtful3,781 3,232 3,238 1,343 663 636 — — 12,893 
Loss614 258 187 84 179 6 — — 1,328 
Total leases & equipment finance, net$610,488 $338,167 $289,990 $143,192 $45,942 $39,897 $— $— $1,467,676 
Total commercial$1,746,565 $669,001 $506,968 $363,837 $256,725 $259,814 $1,551,416 $32,556 $5,386,882 
Residential:
Mortgage, net
Credit quality indicator:
Pass/Watch$2,252,704 $606,671 $585,923 $190,673 $209,990 $639,585 $— $— $4,485,546 
Special mention372 — 555 81 632 2,830 — — 4,470 
Substandard— 1,379 4,430 1,147 3,098 15,692 — — 25,746 
Doubtful— — — — — — — — — 
Loss— — 907 — — 597 — — 1,504 
Total mortgage, net$2,253,076 $608,050 $591,815 $191,901 $213,720 $658,704 $— $— $4,517,266 
Home equity loans & lines, net
Credit quality indicator:
Pass/Watch$972 $— $— $18 $— $10,973 $1,151,063 $31,708 $1,194,734 
Special mention— — — — — 102 1,355 248 1,705 
Substandard— — — — — 96 280 213 589 
Doubtful— — — — — — — — — 
Loss— — — — — 36 42 64 142 
Total home equity loans & lines, net$972 $— $— $18 $— $11,207 $1,152,740 $32,233 $1,197,170 
Total residential$2,254,048 $608,050 $591,815 $191,919 $213,720 $669,911 $1,152,740 $32,233 $5,714,436 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 2021
20212020201920182017PriorTotal
Consumer & other, net:
Credit quality indicator:
Pass/Watch$15,375 $10,955 $12,167 $5,395 $3,983 $5,070 $128,264 $1,835 $183,044 
Special mention— 23 41 1 113 113 391 101 783 
Substandard— 3 15 — 17 25 55 71 186 
Doubtful— — — — — — — — — 
Loss— — — — — 7 3 — 10 
Total consumer & other, net$15,375 $10,981 $12,223 $5,396 $4,113 $5,215 $128,713 $2,007 $184,023 
Grand total$7,524,619 $2,671,479 $3,097,145 $1,719,581 $1,372,464 $3,063,070 $3,024,643 $80,179 $22,553,180