Loans and the Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

Financing Receivable, Allowance for Credit Loss [Line Items]

Schedule of Recorded Investment in Loans by Category

The recorded investment in loans is presented in the Consolidated Balance Sheets net of deferred loan fees and costs, and discounts on purchased loans. Net deferred loan costs were $10.9 million and $11.5 million at June 30, 2024 and December 31, 2023, respectively. The unaccreted discount on purchased loans from acquisitions was $12.0 million at June 30, 2024 and $13.5 million at December 31, 2023.

	June 30,		December 31,
(unaudited, in thousands)	2024		2023
Commercial real estate:
Land and construction	$	1,061,390	$	1,055,865
Improved property		5,937,498		5,509,583
Total commercial real estate		6,998,888		6,565,448
Commercial and industrial		1,760,479		1,670,659
Residential real estate		2,506,957		2,438,574
Home equity		770,599		734,219
Consumer		220,588		229,561
Total portfolio loans		12,257,511		11,638,461
Loans held for sale		25,433		16,354
Total loans	$	12,282,944	$	11,654,815

Summary of Changes in Allowance for Credit Losses

The following tables summarize changes in the allowance for credit losses applicable to each category of the loan portfolio:

	Allowance for Credit Losses By Category
	For the Six Months Ended June 30, 2024 and 2023
(unaudited, in thousands)	Commercial Real Estate - Land and Construction			Commercial Real Estate- Improved Property			Commercial & Industrial			Residential Real Estate			Home Equity			Consumer			Deposit Overdrafts (1)			Total
Balance at December 31, 2023
Allowance for credit    losses - loans	$	7,123		$	59,351		$	36,644		$	21,218		$	1,017		$	3,956		$	1,366		$	130,675
Allowance for credit    losses - loan commitments		6,894			—			429			1,276			5			—			—			8,604
Total beginning allowance for credit    losses - loans and loan    commitments		14,017			59,351			37,073			22,494			1,022			3,956			1,366			139,279
Provision for credit losses:
Provision for loan losses		1,516			(402	)		9,726			1,342			203			773			833			13,991
Provision for loan commitments		1,046			—			(429	)		(22	)		(5	)		—			—			590
Total provision for credit    losses - loans and loan    commitments (2)		2,562			(402	)		9,297			1,320			198			773			833			14,581
Charge-offs		(813	)		(815	)		(6,072	)		(272	)		(413	)		(1,980	)		(861	)		(11,226	)
Recoveries		—			443			1,107			115			297			894			213			3,069
Net (charge-offs) recoveries		(813	)		(372	)		(4,965	)		(157	)		(116	)		(1,086	)		(648	)		(8,157	)
Balance at June 30, 2024
Allowance for credit    losses - loans		7,826			58,577			41,405			22,403			1,104			3,643			1,551			136,509
Allowance for credit    losses - loan commitments		7,940			—			—			1,254			—			—			—			9,194
Total ending allowance for credit    losses - loans and loan    commitments	$	15,766		$	58,577		$	41,405		$	23,657		$	1,104		$	3,643		$	1,551		$	145,703
Balance at December 31, 2022
Allowance for credit    losses - loans	$	6,737		$	52,659		$	31,540		$	18,208		$	4,234		$	3,127		$	1,285		$	117,790
Allowance for credit    losses - loan commitments		6,025			—			—			2,215			128			—			—			8,368
Total beginning allowance for credit    losses - loans and loan    commitments		12,762			52,659			31,540			20,423			4,362			3,127			1,285			126,158
Provision for credit losses:
Provision for loan losses		(845	)		1,246			1,337			1,787			251			693			407			4,876
Provision for loan commitments		1,168			182			527			(621	)		500			—			—			1,756
Total provision for credit    losses - loans and loan    commitments (2)		323			1,428			1,864			1,166			751			693			407			6,632
Charge-offs		(222	)		(1,381	)		(999	)		7			(315	)		(1,601	)		(818	)		(5,329	)
Recoveries		128			427			259			313			250			1,231			221			2,829
Net (charge-offs) recoveries		(94	)		(954	)		(740	)		320			(65	)		(370	)		(597	)		(2,500	)
Balance at June 30, 2023
Allowance for credit    losses - loans		5,798			52,951			32,137			20,315			4,420			3,450			1,095			120,166
Allowance for credit    losses - loan commitments		7,193			182			527			1,594			628			—			—			10,124
Total ending allowance for credit    losses - loans and loan    commitments	$	12,991		$	53,133		$	32,664		$	21,909		$	5,048		$	3,450		$	1,095		$	130,290

(1) Deposit overdrafts of $4.6 million and $4.5 million are included in total portfolio loans for the periods ending June 30, 2024 and June 30, 2023, respectively.

(2) The total provision for credit losses - loans and loan commitments is reported in the consolidated statements of income in the provision for credit losses line item, which also includes the provision for credit losses on held-to-maturity securities. For more information on the provision relating to held-to-maturity securities, please see Note 3, "Securities."

Allowance for Credit Losses and Recorded Investments in Loans

The following tables present the allowance for credit losses and recorded investments in loans by category, as of each period-end:

	Allowance for Credit Losses and Recorded Investment in Loans
(unaudited, in thousands)	Commercial Real Estate- Land and Construction		Commercial Real Estate- Improved Property		Commercial and Industrial		Residential Real Estate		Home Equity		Consumer		Deposit Overdrafts (1)		Total
June 30, 2024
Allowance for credit losses:
Loans individually-evaluated	$	—	$	5,438	$	3,344	$	—	$	—	$	—	$	—	$	8,782
Loans collectively-evaluated		7,826		53,139		38,061		22,403		1,104		3,643		1,551		127,727
Loan commitments (2)		7,940		—		—		1,254		—		—		—		9,194
Total allowance for credit    losses - loans and commitments	$	15,766	$	58,577	$	41,405	$	23,657	$	1,104	$	3,643	$	1,551	$	145,703
Portfolio loans:
Individually-evaluated for credit    losses	$	—	$	36,208	$	3,916	$	—	$	—	$	—	$	—	$	40,124
Collectively-evaluated for credit    losses		1,061,390		5,901,290		1,756,563		2,506,957		770,599		220,588		—		12,217,387
Total portfolio loans	$	1,061,390	$	5,937,498	$	1,760,479	$	2,506,957	$	770,599	$	220,588	$	—	$	12,257,511
December 31, 2023
Allowance for credit losses:
Loans individually-evaluated	$	—	$	5,745	$	—	$	—	$	—	$	—	$	—	$	5,745
Loans collectively-evaluated		7,123		53,606		36,644		21,218		1,017		3,956		1,366		124,930
Loan commitments (2)		6,894		—		429		1,276		5		—		—		8,604
Total allowance for credit    losses - loans and commitments	$	14,017	$	59,351	$	37,073	$	22,494	$	1,022	$	3,956	$	1,366	$	139,279
Portfolio loans:
Individually-evaluated for credit    losses	$	—	$	36,929	$	116	$	—	$	—	$	—	$	—	$	37,045
Collectively-evaluated for credit    losses		1,055,865		5,472,654		1,670,543		2,438,574		734,219		229,561		—		11,601,416
Total portfolio loans	$	1,055,865	$	5,509,583	$	1,670,659	$	2,438,574	$	734,219	$	229,561	$	—	$	11,638,461

(1) Deposit overdrafts of $4.6 million and $4.7 million are included in total portfolio loans for the periods ending June 30, 2024 and December 31, 2023, respectively.

(2) For additional detail relating to loan commitments, see Note 11, "Commitments and Contingent Liabilities."

Summary of Commercial Loans by Risk Grade

The following tables summarize commercial loans by their assigned risk grade:

	Commercial Loans by Internally Assigned Risk Grade
(unaudited, in thousands)	Commercial Real Estate- Land and Construction		Commercial Real Estate- Improved Property		Commercial & Industrial		Total Commercial Loans
As of June 30, 2024
Pass	$	1,058,739	$	5,755,684	$	1,681,579	$	8,496,002
Criticized - compromised		972		108,593		70,056		179,621
Classified - substandard		1,679		73,221		8,844		83,744
Classified - doubtful		—		—		—		—
Total	$	1,061,390	$	5,937,498	$	1,760,479	$	8,759,367
As of December 31, 2023
Pass	$	1,053,359	$	5,337,394	$	1,586,683	$	7,977,436
Criticized - compromised		2,497		107,473		73,204		183,174
Classified - substandard		9		64,716		10,772		75,497
Classified - doubtful		—		—		—		—
Total	$	1,055,865	$	5,509,583	$	1,670,659	$	8,236,107

Summary of Age Analysis of Loan Categories

The following tables summarize the age analysis of all categories of loans:

	Age Analysis of Loans
(unaudited, in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Total Loans		90 Days or More Past Due and Accruing
As of June 30, 2024
Commercial real estate:
Land and construction	$	1,061,390	$	—	$	—	$	—	$	—	$	1,061,390	$	—
Improved property		5,917,046		2,415		2,119		15,918		20,452		5,937,498		1,296
Total commercial real estate		6,978,436		2,415		2,119		15,918		20,452		6,998,888		1,296
Commercial and industrial		1,753,887		831		1,334		4,427		6,592		1,760,479		2,979
Residential real estate		2,494,815		1,123		3,987		7,032		12,142		2,506,957		3,089
Home equity		760,764		3,662		1,425		4,748		9,835		770,599		1,417
Consumer		215,501		3,625		1,028		434		5,087		220,588		390
Total portfolio loans		12,203,403		11,656		9,893		32,559		54,108		12,257,511		9,171
Loans held for sale		25,433		—		—		—		—		25,433		—
Total loans	$	12,228,836	$	11,656	$	9,893	$	32,559	$	54,108	$	12,282,944	$	9,171
Nonperforming loans included above are as follows:
Non-accrual loans	$	10,858	$	322	$	900	$	23,388	$	24,610	$	35,468
As of December 31, 2023
Commercial real estate:
Land and construction	$	1,055,865	$	—	$	—	$	—	$	-	$	1,055,865	$	—
Improved property		5,490,946		4,416		3,627		10,594		18,637		5,509,583		1,899
Total commercial real estate		6,546,811		4,416		3,627		10,594		18,637		6,565,448		1,899
Commercial and industrial		1,663,985		640		1,255		4,779		6,674		1,670,659		3,184
Residential real estate		2,429,200		1,572		2,471		5,331		9,374		2,438,574		2,602
Home equity		724,293		4,691		1,198		4,037		9,926		734,219		1,407
Consumer		223,989		3,833		1,178		561		5,572		229,561		546
Total portfolio loans		11,588,278		15,152		9,729		25,302		50,183		11,638,461		9,638
Loans held for sale		16,354		—		—		—		—		16,354		—
Total loans	$	11,604,632	$	15,152	$	9,729	$	25,302	$	50,183	$	11,654,815	$	9,638
Nonperforming loans included above are as follows:
Non-accrual loans	$	9,138	$	1,300	$	706	$	15,664	$	17,670	$	26,808

Summary of Nonperforming Loans

The following tables summarize nonperforming loans:

	Nonperforming Loans
	June 30, 2024						December 31, 2023
	Unpaid						Unpaid
	Principal		Recorded		Related		Principal		Recorded		Related
(unaudited, in thousands)	Balance (1)		Investment		Allowance		Balance (1)		Investment		Allowance
With no related specific allowance recorded:
Commercial real estate:
Land and construction	$	1,023	$	184	$	—	$	—	$	—	$	—
Improved property		18,874		16,756		—		11,248		9,557		—
Commercial and industrial		3,258		2,058		—		2,492		1,841		—
Residential real estate		15,638		11,005		—		15,128		10,582		—
Home equity		7,144		5,401		—		6,521		4,777		—
Consumer		114		64		—		104		51		—
Total nonperforming loans without a specific allowance		46,051		35,468		—		35,493		26,808		—
Total nonperforming loans with a specific allowance		—		—		—		—		—		—
Total nonperforming loans	$	46,051	$	35,468	$	—	$	35,493	$	26,808	$	—

(1) The difference between the unpaid principal balance and the recorded investment generally reflects amounts that have been previously charged-off and fair market value adjustments on acquired nonperforming loans.

	Nonperforming Loans
	For the Three Months Ended								For the Six Months Ended
	June 30, 2024				June 30, 2023				June 30, 2024				June 30, 2023
	Average		Interest		Average		Interest		Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income		Recorded		Income		Recorded		Income
(unaudited, in thousands)	Investment		Recognized		Investment		Recognized		Investment		Recognized		Investment		Recognized
With no related specific allowance recorded:
Commercial real estate:
Land and construction	$	197	$	—	$	—	$	—	$	131	$	—	$	37	$	—
Improved property		15,140		—		14,698		—		13,279		—		15,332		—
Commercial and industrial		2,412		—		2,780		—		2,221		—		2,890		—
Residential real estate		11,342		—		12,744		—		11,089		—		13,848		—
Home equity		5,035		—		5,061		—		4,949		—		5,165		—
Consumer		69		—		104		—		63		—		122		—
Total nonperforming loans without a specific allowance		34,194		—		35,386		—		31,732		—		37,394		—
With a specific allowance recorded:
Commercial real estate:
Land and construction		—		—		—		—		—		—		—		—
Improved property		—		—		—		—		—		—		—		—
Total nonperforming loans with a specific allowance		—		—		—		—		—		—		—		—
Total nonperforming loans	$	34,194	$	—	$	35,386	$	—	$	31,732	$	—	$	37,394	$	—

Recorded Investment in Non-Accrual Loans

The following table presents the recorded investment in non-accrual loans:

	Non-accrual Loans (1)
	June 30,		December 31,
(unaudited, in thousands)	2024		2023
Commercial real estate:
Land and construction	$	184	$	—
Improved property		16,756		9,557
Total commercial real estate		16,940		9,557
Commercial and industrial		2,058		1,841
Residential real estate		11,005		10,582
Home equity		5,401		4,777
Consumer		64		51
Total	$	35,468	$	26,808

(1) At June 30, 2024, there were five borrowers with a loan balance greater than $1.0 million, which totaled $13.6 million, as compared to two borrowers with a loan balance greater than $1.0 million totaling $7.2 million at December 31, 2023. Total non-accrual loans may include loans that are also restructured for borrowers experiencing financial difficulty. Such loans are also set forth in the following tables.

Summary of Details of Portfolio Loans Modified by Loan Category

The following table displays the details of portfolio loans that were modified during the three and six months ended June 30, 2024 and 2023 presented by loan category:

	For the Three Months Ended June 30, 2024
(unaudited, in thousands)	Term Extension		Payment Delay		Total		% of Total by Loan Category
Commercial real estate - land and construction	$	5	$	—	$	5		—
Commercial real estate - improved property		4,378		—		4,378		0.1
Commercial and industrial		496		9		505		—
Residential real estate		—		164		164		—
Home equity		—		109		109		—
Consumer		—		114		114		0.1
Total	$	4,879	$	396	$	5,275		—
	For the Three Months Ended June 30, 2023
(unaudited, in thousands)	Term Extension		Payment Delay		Total		Percent of Total by Loan Category
Commercial real estate - land and construction	$	448	$	—	$	448		0.1
Commercial real estate - improved property		3,820		270		4,090		0.1
Commercial and industrial		6,544		—		6,544		0.4
Residential real estate		—		—		—		—
Home equity		—		483		483		0.1
Consumer		—		267		267		0.1
Total	$	10,812	$	1,020	$	11,832		0.1
	For the Six Months Ended June 30, 2024
(unaudited, in thousands)	Term Extension		Payment Delay		Total		% of Total by Loan Category
Commercial real estate - land and construction	$	5	$	—	$	5		—
Commercial real estate - improved property		25,288		—		25,288		0.4
Commercial and industrial		496		9		505		—
Residential real estate		—		739		739		—
Home equity		—		449		449		0.1
Consumer		—		223		223		0.1
Total	$	25,789	$	1,420	$	27,209		0.2
	For the Six Months Ended June 30, 2023
(unaudited, in thousands)	Term Extension		Payment Delay		Total		Percent of Total by Loan Category
Commercial real estate - land and construction	$	6,449	$	—	$	6,449		0.8
Commercial real estate - improved property		7,105		270		7,375		0.1
Commercial and industrial		9,310		—		9,310		0.6
Residential real estate		—		100		100		—
Home equity		8		751		759		0.1
Consumer		—		293		293		0.1
Total	$	22,872	$	1,414	$	24,286		0.2

Unfunded loan commitments on modifications for borrowers experiencing financial difficulty ("MBEFDs") totaled $1.0 million for loans modified during the six months ended June 30, 2024 and $1.8 million for loans modified during the twelve months ended December 31, 2023. These commitments are not included in the tables above.

Summary of Financial Impacts of Loan Modifications and Payment Deferrals to Portfolio Loans

The following table summarizes the financial impacts of loan modifications and payment deferrals made to portfolio loans during the three and six months ended June 30, 2024 and 2023, presented by loan category:

	For the Three Months Ended		For the Three Months Ended
	June 30, 2024		June 30, 2023
(unaudited, in thousands)	Weighted-Average Term Extension (in months)		Weighted-Average Term Extension (in months)
Commercial real estate - land and construction		24		12
Commercial real estate - improved property		4		9
Commercial and industrial		33		8
Residential real estate		—		—
Home equity		—		—
Consumer		—		—
	For the Six Months Ended		For the Six Months Ended
	June 30, 2024		June 30, 2023
(unaudited, in thousands)	Weighted-Average Term Extension (in months)		Weighted-Average Term Extension (in months)
Commercial real estate - land and construction		24		4
Commercial real estate - improved property		9		22
Commercial and industrial		33		9
Residential real estate		—		—
Home equity		—		120
Consumer		—		—

Summary of Loans with MBEFDs

The following table summarizes loans with MBEFDs which defaulted (defined as 90 days past due) within 12 months of the loan being modified during the three and six months ended June 30, 2024 and 2023. Modified loans, including those that have defaulted, are already included in the allowance for credit losses through the various methodologies used to estimate the allowance. As such, no modification to the allowance is recorded specifically due to a modified loan subsequently defaulting.

	For the Three Months Ended June 30, 2024						For the Three Months Ended June 30, 2023
(unaudited, in thousands)	Term Extension		Payment Delay		Total		Term Extension		Payment Delay		Total
Commercial real estate - land and construction	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate - improved property		—		—		—		—		—		—
Commercial and industrial		180		—		180		—		—		—
Residential real estate		—		—		—		—		—		—
Home equity		—		—		—		—		—		—
Consumer		—		31		31		—		—		—
Total loans that subsequently defaulted	$	180	$	31	$	211	$	—	$	—	$	—
	For the Six Months Ended June 30, 2024						For the Six Months Ended June 30, 2023
(unaudited, in thousands)	Term Extension		Payment Delay		Total		Term Extension		Payment Delay		Total
Commercial real estate - land and construction	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate - improved property		—		—		—		—		—		—
Commercial and industrial		180		—		180		—		—		—
Residential real estate		—		118		118		—		—		—
Home equity		—		—		—		—		—		—
Consumer		—		48		48		—		—		—
Total loans that subsequently defaulted	$	180	$	166	$	346	$	—	$	—	$	—

Summary of Aging Analysis of Portfolio Loans Restructured

The following table presents an aging analysis of portfolio loans by loan category that were modified during the twelve months prior to June 30, 2024 and June 30, 2023.

	June 30, 2024
(unaudited, in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total
Commercial real estate - land and construction	$	—	$	—	$	—	$	—	$	5	$	5
Commercial real estate - improved property		—		16		—		16		25,585		25,601
Commercial and industrial		91		9		—		100		405		505
Residential real estate		—		36		265		301		1,252		1,553
Home equity		15		—		176		191		750		941
Consumer		21		36		31		88		230		318
Total modified loans (1)	$	127	$	97	$	472	$	696	$	28,227	$	28,923
	June 30, 2023
(unaudited, in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total
Commercial real estate - land and construction	$	—	$	—	$	—	$	—	$	6,449	$	6,449
Commercial real estate - improved property		—		—		270		270		7,105		7,375
Commercial and industrial		143		—		—		143		9,168		9,311
Residential real estate		—		—		—		—		100		100
Home equity		18		—		72		90		668		758
Consumer		—		—		20		20		273		293
Total modified loans (1)	$	161	$	—	$	362	$	523	$	23,763	$	24,286

(1) Represents balance at period end.

Summary of Amortized Cost Basis Loan Balances by Year of Origination and Credit Quality Indicator

The following tables summarize amortized cost basis loan balances by year of origination and credit quality indicator:

	Loans As of June 30, 2024
	Amortized Cost Basis by Origination Year
(unaudited, in thousands)	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial real estate: land and construction
Risk rating:
Pass	$	79,862	$	349,190	$	336,084	$	91,369	$	23,345	$	57,058	$	67,265	$	54,566	$	1,058,739
Criticized - compromised		—		—		—		—		—		17		298		657		972
Classified - substandard		—		184		—		—		—		8		—		1,487		1,679
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	79,862	$	349,374	$	336,084	$	91,369	$	23,345	$	57,083	$	67,563	$	56,710	$	1,061,390
Current-period gross charge-offs	$	—	$	813	$	—	$	—	$	—	$	—	$	—	$	—	$	813
Commercial real estate: improved property
Risk rating:
Pass	$	258,814	$	529,239	$	1,134,557	$	596,861	$	598,755	$	2,054,008	$	181,757	$	401,693	$	5,755,684
Criticized - compromised		3,302		14,165		13,200		8,135		3,549		36,258		2,139		27,845		108,593
Classified - substandard		—		1,860		5,791		411		3,636		61,189		300		34		73,221
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	262,116	$	545,264	$	1,153,548	$	605,407	$	605,940	$	2,151,455	$	184,196	$	429,572	$	5,937,498
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	815	$	—	$	—	$	815
Commercial and industrial
Risk rating:
Pass	$	153,946	$	195,932	$	222,272	$	125,094	$	57,423	$	261,606	$	598,810	$	66,496	$	1,681,579
Criticized - compromised		—		5,914		2,573		1,768		1,432		37,694		13,199		7,476		70,056
Classified - substandard		—		73		548		728		117		1,409		4,994		975		8,844
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	153,946	$	201,919	$	225,393	$	127,590	$	58,972	$	300,709	$	617,003	$	74,947	$	1,760,479
Current-period gross charge-offs	$	—	$	487	$	580	$	86	$	143	$	325	$	1	$	4,450	$	6,072
Residential real estate
Loan delinquency:
Current	$	97,366	$	261,988	$	361,520	$	417,068	$	178,481	$	509,163	$	—	$	669,229	$	2,494,815
30-59 days past due		—		—		—		—		—		1,123		—		—		1,123
60-89 days past due		—		—		125		94		337		2,672		—		759		3,987
90 days or more past due		—		—		654		34		165		4,565		—		1,614		7,032
Total	$	97,366	$	261,988	$	362,299	$	417,196	$	178,983	$	517,523	$	—	$	671,602	$	2,506,957
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	214	$	—	$	58	$	272
Home equity
Loan delinquency:
Current	$	11,124	$	1,221	$	2,297	$	961	$	1,961	$	21,870	$	719,968	$	1,362	$	760,764
30-59 days past due		—		17		414		65		239		701		2,096		130		3,662
60-89 days past due		—		146		175		89		—		668		—		347		1,425
90 days or more past due		—		730		351		248		714		2,390		—		315		4,748
Total	$	11,124	$	2,114	$	3,237	$	1,363	$	2,914	$	25,629	$	722,064	$	2,154	$	770,599
Current-period gross charge-offs	$	—	$	44	$	105	$	16	$	35	$	171	$	20	$	22	$	413
Consumer
Loan delinquency:
Current	$	34,018	$	68,563	$	47,131	$	16,596	$	8,993	$	14,813	$	25,387	$	—	$	215,501
30-59 days past due		269		1,031		1,160		643		200		286		35		1		3,625
60-89 days past due		71		287		422		111		43		94		—		—		1,028
90 days or more past due		2		170		112		19		49		82		—		—		434
Total	$	34,360	$	70,051	$	48,825	$	17,369	$	9,285	$	15,275	$	25,422	$	1	$	220,588
Current-period gross charge-offs	$	—	$	560	$	860	$	308	$	115	$	137	$	—	$	—	$	1,980

	Loans As of December 31, 2023
	Amortized Cost Basis by Origination Year
(in thousands)	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
Commercial real estate: land and construction
Risk rating:
Pass	$	290,954	$	349,549	$	145,043	$	54,172	$	48,655	$	35,917	$	82,288	$	46,781	$	1,053,359
Criticized - compromised		—		—		—		—		—		16		299		2,182		2,497
Classified - substandard		—		—		—		—		—		9		—		—		9
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	290,954	$	349,549	$	145,043	$	54,172	$	48,655	$	35,942	$	82,587	$	48,963	$	1,055,865
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	222	$	222
Commercial real estate: improved property
Risk rating:
Pass	$	494,142	$	1,076,535	$	603,354	$	581,540	$	514,523	$	1,706,804	$	103,467	$	257,029	$	5,337,394
Criticized - compromised		—		16,270		8,630		4,387		5,185		44,861		2,373		25,767		107,473
Classified - substandard		1,921		517		417		2,416		23,472		35,939		—		34		64,716
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	496,063	$	1,093,322	$	612,401	$	588,343	$	543,180	$	1,787,604	$	105,840	$	282,830	$	5,509,583
Current-period gross charge-offs	$	—	$	—	$	372	$	—	$	—	$	1,505	$	—	$	—	$	1,877
Commercial and industrial
Risk rating:
Pass	$	238,427	$	234,520	$	136,998	$	78,836	$	39,259	$	252,826	$	541,400	$	64,417	$	1,586,683
Criticized - compromised		1,094		834		3,169		1,490		7,334		31,526		20,626		7,131		73,204
Classified - substandard		33		149		315		265		825		1,916		5,797		1,472		10,772
Classified - doubtful		—		—		—		—		—		—		—		—		—
Total	$	239,554	$	235,503	$	140,482	$	80,591	$	47,418	$	286,268	$	567,823	$	73,020	$	1,670,659
Current-period gross charge-offs	$	98	$	205	$	603	$	353	$	20	$	463	$	—	$	541	$	2,283
Residential real estate
Loan delinquency:
Current	$	277,790	$	429,835	$	445,322	$	185,139	$	86,149	$	456,818	$	—	$	548,147	$	2,429,200
30-59 days past due		—		—		—		—		—		1,572		—		—		1,572
60-89 days past due		—		—		—		341		—		2,130		—		—		2,471
90 days or more past due		—		799		34		—		263		4,207		—		28		5,331
Total	$	277,790	$	430,634	$	445,356	$	185,480	$	86,412	$	464,727	$	—	$	548,175	$	2,438,574
Current-period gross charge-offs	$	—	$	—	$	—	$	—	$	5	$	387	$	—	$	—	$	392
Home equity
Loan delinquency:
Current	$	12,675	$	1,235	$	1,467	$	1,571	$	1,614	$	22,484	$	681,848	$	1,399	$	724,293
30-59 days past due		34		193		85		73		44		947		3,315		—		4,691
60-89 days past due		119		318		16		68		76		524		—		77		1,198
90 days or more past due		—		213		—		737		230		2,527		—		330		4,037
Total	$	12,828	$	1,959	$	1,568	$	2,449	$	1,964	$	26,482	$	685,163	$	1,806	$	734,219
Current-period gross charge-offs	$	—	$	139	$	57	$	29	$	79	$	615	$	6	$	—	$	925
Consumer
Loan delinquency:
Current	$	84,526	$	57,661	$	21,592	$	13,189	$	10,958	$	12,143	$	23,916	$	4	$	223,989
30-59 days past due		699		1,526		952		343		162		119		32		—		3,833
60-89 days past due		191		616		195		112		5		59		—		—		1,178
90 days or more past due		64		203		114		63		9		108		—		—		561
Total	$	85,480	$	60,006	$	22,853	$	13,707	$	11,134	$	12,429	$	23,948	$	4	$	229,561
Current-period gross charge-offs	$	251	$	1,921	$	901	$	301	$	100	$	247	$	4	$	—	$	3,725

Summary of Other Real Estate Owned and Repossessed Assets

The following table summarizes other real estate owned and repossessed assets included in other assets:

	June 30,		December 31,
(unaudited, in thousands)	2024		2023
Other real estate owned	$	1,219	$	1,207
Repossessed assets		109		290
Total other real estate owned and repossessed assets	$	1,328	$	1,497