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Loans And Allowance For Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Summary Classification Of Held For Investment Loan Portfolio
Major classifications within the Company’s held for investment loan portfolio at June 30, 2024 and December 31, 2023 are as follows:

(In thousands)
June 30, 2024December 31, 2023
Commercial:
Business$6,090,724 $6,019,036 
Real estate – construction and land1,396,515 1,446,764 
Real estate – business3,572,539 3,719,306 
Personal Banking:
Real estate – personal3,055,182 3,026,041 
Consumer2,145,609 2,077,723 
Revolving home equity331,381 319,894 
Consumer credit card566,925 589,913 
Overdrafts4,190 6,802 
Total loans$17,163,065 $17,205,479 
CECL Model Inputs
Key assumptions in the Company’s allowance for credit loss model include the economic forecast, the reasonable and supportable period, forecasted macro-economic variables, prepayment assumptions and qualitative factors applied for portfolio composition changes, underwriting practices, or significant unique events or conditions. The assumptions utilized in estimating the Company’s allowance for credit losses at June 30, 2024 and March 31, 2024 are discussed below.

Key AssumptionJune 30, 2024March 31, 2024
Overall economic forecast
•Economic growth expected to slightly cool with no significant rise in layoffs or unemployment rate
•Inflation expected to moderate
•Expectations the Federal Reserve will start cutting rates in September 2024

•Economic strength is visible in the strong labor market
•Fiscal policy is forecasted to be a modest drag on GDP
•There are expectations that the Federal Reserve will start cutting rates in 2nd quarter 2024

Reasonable and supportable period and related reversion period
•Reasonable and supportable period of one year
•Reversion to historical average loss rates within two quarters using a straight-line method
•Reasonable and supportable period of one year
•Reversion to historical average loss rates within two quarters using a straight-line method
Forecasted macro-economic variables
•Unemployment rate ranges from 4.0% to 4.2% during the reasonable and supportable forecast period
•Real GDP growth ranges from 1.7% to 2.2%
•BBB corporate yield from 5.0% to 5.4%
•Housing Price Index from 321.2 to 327.1
•Unemployment rate ranges from 3.9% to 4.1% during the reasonable and supportable forecast period
•Real GDP growth ranges from 1.5% to 3.0%
•BBB corporate yield from 4.7% to 5.1%
•Housing Price Index from 312.1 to 316.6
Prepayment assumptions
Commercial loans
•Pools ranging from 0% to 5%
Personal banking loans
•Ranging from 7.7% to 22.7% for most loan pools
•Consumer credit cards 66.6%
Commercial loans
•Pools ranging from 0% to 5%
Personal banking loans
•Ranging from 6.2% to 21.6% for most loan pools
•Consumer credit cards 66.6%
Qualitative factors
Added qualitative factors related to:
•Changes in the composition of the loan portfolios
•Certain industries experiencing stress or emerging concerns within the portfolio
•Certain portfolios sensitive to unusually high rate of inflation and supply chain issues
•Loans downgraded to special mention, substandard, or non-accrual status
•Certain portfolios where the model assumptions do not capture all identified loss risk
Added qualitative factors related to:
•Changes in the composition of the loan portfolios
•Certain stressed industries within the portfolio
•Certain portfolios sensitive to unusually high rate of inflation and supply chain issues
•Loans downgraded to special mention, substandard, or non-accrual status
•Certain portfolios where the model assumptions do not capture all identified loss risk
Summary Of Activity In The Allowance For Credit Losses
A summary of the activity in the allowance for credit losses on loans and the liability for unfunded lending commitments for the three and six months ended June 30, 2024 and 2023, respectively, follows:

For the Three Months Ended June 30, 2024
For the Six Months Ended June 30, 2024
(In thousands)CommercialPersonal Banking

Total
CommercialPersonal Banking

Total
ALLOWANCE FOR CREDIT LOSSES ON LOANS
Balance at beginning of period$105,464 $55,001 $160,465 $108,201 $54,194 $162,395 
Provision for credit losses on loans2,367 5,482 7,849 (488)15,284 14,796 
Deductions:
   Loans charged off850 11,018 11,868 1,166 21,867 23,033 
   Less recoveries on loans236 1,875 2,111 670 3,729 4,399 
Net loan charge-offs (recoveries)614 9,143 9,757 496 18,138 18,634 
Balance June 30, 2024$107,217 $51,340 $158,557 $107,217 $51,340 $158,557 
LIABILITY FOR UNFUNDED LENDING COMMITMENTS
Balance at beginning of period$21,636 $1,450 $23,086 $23,909 $1,337 $25,246 
Provision for credit losses on unfunded lending commitments(2,273)(108)(2,381)(4,546)5 (4,541)
Balance June 30, 2024$19,363 $1,342 $20,705 $19,363 $1,342 $20,705 
ALLOWANCE FOR CREDIT LOSSES ON LOANS AND LIABILITY FOR UNFUNDED LENDING COMMITMENTS$126,580 $52,682 $179,262 $126,580 $52,682 $179,262 

For the Three Months Ended June 30, 2023
For the Six Months Ended June 30, 2023
(In thousands)CommercialPersonal Banking

Total
CommercialPersonal Banking

Total
ALLOWANCE FOR CREDIT LOSSES ON LOANS
Balance at beginning of period$108,615 $50,702 $159,317 $103,293 $46,843 $150,136 
Provision for credit losses on loans(546)6,410 5,864 5,002 16,810 21,812 
Deductions:
   Loans charged off307 8,531 8,838 599 17,287 17,886 
   Less recoveries on loans262 2,080 2,342 328 4,295 4,623 
Net loan charge-offs (recoveries)45 6,451 6,496 271 12,992 13,263 
Balance June 30, 2023$108,024 $50,661 $158,685 $108,024 $50,661 $158,685 
LIABILITY FOR UNFUNDED LENDING COMMITMENTS
Balance at beginning of period$27,105 $1,523 $28,628 $31,743 $1,377 $33,120 
Provision for credit losses on unfunded lending commitments737 (130)607 (3,901)16 (3,885)
Balance June 30, 2023$27,842 $1,393 $29,235 $27,842 $1,393 $29,235 
ALLOWANCE FOR CREDIT LOSSES ON LOANS AND LIABILITY FOR UNFUNDED LENDING COMMITMENTS$135,866 $52,054 $187,920 $135,866 $52,054 $187,920 
Aging Information On Past Due And Nonaccrual Loans The following table provides aging information on the Company’s past due and accruing loans, in addition to the balances of loans on non-accrual status, at June 30, 2024 and December 31, 2023.



(In thousands)
Current or Less Than 30 Days Past Due

30 – 89
Days Past Due
90 Days Past Due and Still AccruingNon-accrual



Total
June 30, 2024
Commercial:
Business$6,088,607 $1,048 $565 $504 $6,090,724 
Real estate – construction and land1,396,097 418 — — 1,396,515 
Real estate – business3,556,541 948 — 15,050 3,572,539 
Personal Banking:
Real estate – personal 3,029,550 16,598 7,262 1,772 3,055,182 
Consumer2,099,967 43,084 2,558 — 2,145,609 
Revolving home equity326,461 2,184 759 1,977 331,381 
Consumer credit card552,432 7,071 7,422 — 566,925 
Overdrafts3,531 659 — — 4,190 
Total $17,053,186 $72,010 $18,566 $19,303 $17,163,065 
December 31, 2023
Commercial:
Business$5,985,713 $29,087 $614 $3,622 $6,019,036 
Real estate – construction and land1,446,764 — — — 1,446,764 
Real estate – business3,714,579 4,582 85 60 3,719,306 
Personal Banking:
Real estate – personal 2,999,988 14,841 9,559 1,653 3,026,041 
Consumer2,036,353 38,217 3,153 — 2,077,723 
Revolving home equity315,483 1,564 870 1,977 319,894 
Consumer credit card574,805 7,525 7,583 — 589,913 
Overdrafts6,553 249 — — 6,802 
Total $17,080,238 $96,065 $21,864 $7,312 $17,205,479 
Risk Category of Loans in Commercial Portfolio
The risk category of loans in the Commercial portfolio as of June 30, 2024 and December 31, 2023 are as follows:

Term Loans Amortized Cost Basis by Origination Year
(In thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
June 30, 2024
Business
    Risk Rating:
       Pass$691,447 $1,182,142 $735,569 $465,466 $205,221 $413,412 $2,208,477 $5,901,734 
       Special mention693 10,765 8,356 21,365 382 2,331 21,935 65,827 
       Substandard6,854 16,004 11,612 7,603 6,708 10,046 63,832 122,659 
       Non-accrual58 48 1 — — 397 — 504 
   Total Business:$699,052 $1,208,959 $755,538 $494,434 $212,311 $426,186 $2,294,244 $6,090,724 
Gross write-offs for the six months ended June 30, 2024
$200 $245 $40 $— $— $17 $664 $1,166 
Real estate-construction
    Risk Rating:
       Pass$119,192 $431,040 $578,818 $205,023 $3,495 $3,137 $38,393 $1,379,098 
       Substandard— — 17,417 — — — — 17,417 
    Total Real estate-construction:$119,192 $431,040 $596,235 $205,023 $3,495 $3,137 $38,393 $1,396,515 
Gross write-offs for the six months ended June 30, 2024
$— $— $— $— $— $— $— $— 
Real estate-business
    Risk Rating:
       Pass$331,315 $693,611 $819,487 $485,498 $425,513 $506,521 $112,621 $3,374,566 
       Special mention1,911 35,785 26,311 15,250 1,032 1,088 — 81,377 
       Substandard— 4,659 13,333 14,802 1,034 67,673 45 101,546 
       Non-accrual— — — — 15,024 26 — 15,050 
   Total Real estate-business:$333,226 $734,055 $859,131 $515,550 $442,603 $575,308 $112,666 $3,572,539 
Gross write-offs for the six months ended June 30, 2024
$— $— $— $— $— $— $— $— 
Commercial loans
    Risk Rating:
       Pass$1,141,954 $2,306,793 $2,133,874 $1,155,987 $634,229 $923,070 $2,359,491 $10,655,398 
       Special mention2,604 46,550 34,667 36,615 1,414 3,419 21,935 147,204 
       Substandard6,854 20,663 42,362 22,405 7,742 77,719 63,877 241,622 
       Non-accrual58 48 1 — 15,024 423 — 15,554 
   Total Commercial loans:$1,151,470 $2,374,054 $2,210,904 $1,215,007 $658,409 $1,004,631 $2,445,303 $11,059,778 
Gross write-offs for the six months ended June 30, 2024
$200 $245 $40 $— $— $17 $664 $1,166 
Term Loans Amortized Cost Basis by Origination Year
(In thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2023
Business
    Risk Rating:
       Pass$1,609,685 $839,511 $555,991 $273,138 $215,988 $257,177 $2,096,108 $5,847,598 
       Special mention19,639 3,412 19,489 643 412 2,485 43,054 89,134 
       Substandard5,256 8,666 6,891 20,854 1,422 10,235 25,358 78,682 
       Non-accrual— 130 1,184 — — 2,308 — 3,622 
   Total Business:$1,634,580 $851,719 $583,555 $294,635 $217,822 $272,205 $2,164,520 $6,019,036 
Gross write-offs for the year ended December 31, 2023$— $2,260 $57 $41 $— $— $1,393 $3,751 
Real estate-construction
    Risk Rating:
       Pass$476,489 $579,933 $295,841 $41,418 $498 $2,834 $31,670 $1,428,683 
       Special mention3,068 15,013 — — — — — 18,081 
    Total Real estate-construction:$479,557 $594,946 $295,841 $41,418 $498 $2,834 $31,670 $1,446,764 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $— $— 
Real estate- business
    Risk Rating:
       Pass$807,631 $1,063,189 $510,397 $433,030 $311,457 $325,738 $94,432 $3,545,874 
       Special mention16,650 8,619 451 884 9,253 733 — 36,590 
       Substandard2,952 18,463 27,914 17,430 11,636 58,387 — 136,782 
       Non-accrual— — — — — 60 — 60 
   Total Real-estate business:$827,233 $1,090,271 $538,762 $451,344 $332,346 $384,918 $94,432 $3,719,306 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $134 $— $134 
Commercial loans
    Risk Rating:
       Pass$2,893,805 $2,482,633 $1,362,229 $747,586 $527,943 $585,749 $2,222,210 $10,822,155 
       Special mention39,357 27,044 19,940 1,527 9,665 3,218 43,054 143,805 
       Substandard8,208 27,129 34,805 38,284 13,058 68,622 25,358 215,464 
       Non-accrual— 130 1,184 — — 2,368 — 3,682 
   Total Commercial loans:$2,941,370 $2,536,936 $1,418,158 $787,397 $550,666 $659,957 $2,290,622 $11,185,106 
Gross write-offs for the year ended December 31, 2023$— $2,260 $57 $41 $— $134 $1,393 $3,885 
Risk Category of Loans in Personal Banking Portfolio
The credit quality of Personal Banking loans is monitored primarily on the basis of aging/delinquency, and this information is provided as of June 30, 2024 and December 31, 2023 below.

Term Loans Amortized Cost Basis by Origination Year
(In thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
June 30, 2024
Real estate-personal
       Current to 90 days past due$206,562 $417,333 $432,219 $511,454 $673,853 $795,433 $9,294 $3,046,148 
       Over 90 days past due— 879 1,788 1,671 1,546 1,378 — 7,262 
       Non-accrual— 548 113 112 — 999 — 1,772 
   Total Real estate-personal:$206,562 $418,760 $434,120 $513,237 $675,399 $797,810 $9,294 $3,055,182 
Gross write-offs for the six months ended June 30, 2024
$— $30 $96 $— $— $3 $— $129 
Consumer
       Current to 90 days past due$247,306 $444,713 $283,806 $206,600 $97,422 $78,440 $784,764 $2,143,051 
       Over 90 days past due93 347 333 144 92 362 1,187 2,558 
    Total Consumer:$247,399 $445,060 $284,139 $206,744 $97,514 $78,802 $785,951 $2,145,609 
Gross write-offs for the six months ended June 30, 2024
$14 $1,182 $1,246 $722 $253 $175 $1,240 $4,832 
Revolving home equity
       Current to 90 days past due$— $— $— $— $— $— $328,645 $328,645 
       Over 90 days past due— — — — — — 759 759 
       Non-accrual— — — — — — 1,977 $1,977 
   Total Revolving home equity:$— $— $— $— $— $— $331,381 $331,381 
Gross write-offs for the six months ended June 30, 2024
$— $— $— $— $— $— $— $— 
Consumer credit card
       Current to 90 days past due$— $— $— $— $— $— $559,503 $559,503 
       Over 90 days past due— — — — — — 7,422 7,422 
   Total Consumer credit card:$— $— $— $— $— $— $566,925 $566,925 
Gross write-offs for the six months ended June 30, 2024
$— $— $— $— $— $— $15,462 $15,462 
Overdrafts
       Current to 90 days past due$4,190 $— $— $— $— $— $— $4,190 
    Total Overdrafts:$4,190 $— $— $— $— $— $— $4,190 
Gross write-offs for the six months ended June 30, 2024
$1,444 $— $— $— $— $— $— $1,444 
Personal banking loans
       Current to 90 days past due$458,058 $862,046 $716,025 $718,054 $771,275 $873,873 $1,682,206 $6,081,537 
       Over 90 days past due93 1,226 2,121 1,815 1,638 1,740 9,368 18,001 
       Non-accrual— 548 113 112 — 999 1,977 3,749 
   Total Personal banking loans:$458,151 $863,820 $718,259 $719,981 $772,913 $876,612 $1,693,551 $6,103,287 
Gross write-offs for the six months ended June 30, 2024
$1,458 $1,212 $1,342 $722 $253 $178 $16,702 $21,867 
Term Loans Amortized Cost Basis by Origination Year
(In thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2023
Real estate-personal
       Current to 90 days past due$455,703 $452,153 $533,313 $711,442 $257,159 $596,439 $8,620 $3,014,829 
       Over 90 days past due3,319 1,650 2,222 834 44 1,490 — 9,559 
       Non-accrual— 261 167 — 157 1,068 — 1,653 
   Total Real estate-personal:$459,022 $454,064 $535,702 $712,276 $257,360 $598,997 $8,620 $3,026,041 
Gross write-offs for the year ended December 31, 2023$— $18 $— $— $— $23 $— $41 
Consumer
       Current to 90 days past due$518,619 $340,104 $258,348 $127,208 $56,394 $51,302 $722,595 $2,074,570 
       Over 90 days past due391 210 194 24 54 421 1,859 3,153 
    Total Consumer:$519,010 $340,314 $258,542 $127,232 $56,448 $51,723 $724,454 $2,077,723 
Gross write-offs for the year ended December 31, 2023$926 $2,891 $1,939 $770 $376 $370 $1,051 $8,323 
Revolving home equity
       Current to 90 days past due$— $— $— $— $— $— $317,047 $317,047 
       Over 90 days past due— — — — — — 870 870 
       Non-accrual— — — — — — 1,977 $1,977 
   Total Revolving home equity:$— $— $— $— $— $— $319,894 $319,894 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $11 $11 
Consumer credit card
       Current to 90 days past due$— $— $— $— $— $— $582,330 $582,330 
       Over 90 days past due— — — — — — 7,583 7,583 
   Total Consumer credit card:$— $— $— $— $— $— $589,913 $589,913 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $24,105 $24,105 
Overdrafts
       Current to 90 days past due$6,802 $— $— $— $— $— $— $6,802 
    Total Overdrafts:$6,802 $— $— $— $— $— $— $6,802 
Gross write-offs for the year ended December 31, 2023$3,803 $— $— $— $— $— $— $3,803 
Personal banking loans
       Current to 90 days past due$981,124 $792,257 $791,661 $838,650 $313,553 $647,741 $1,630,592 $5,995,578 
       Over 90 days past due3,710 1,860 2,416 858 98 1,911 10,312 21,165 
       Non-accrual— 261 167 — 157 1,068 1,977 3,630 
   Total Personal banking loans:$984,834 $794,378 $794,244 $839,508 $313,808 $650,720 $1,642,881 $6,020,373 
Gross write-offs for the year ended December 31, 2023$4,729 $2,909 $1,939 $770 $376 $393 $25,167 $36,283 
Amortized Cost Basis of Collateral-Dependent Loans The following table presents the amortized cost basis of collateral-dependent loans as of June 30, 2024 and December 31, 2023.
(In thousands)Business AssetsReal EstateOil & Gas AssetsTotal
June 30, 2024
Commercial:
  Real estate - business$— $15,023 $— $15,023 
Personal Banking:
  Real estate - personal— 549 — 549 
  Revolving home equity— 1,977 — 1,977 
Total$— $17,549 $— $17,549 
December 31, 2023
Commercial:
Business$1,183 $— $1,238 $2,421 
Personal Banking:
Revolving home equity— 1,977 — 1,977 
Total$1,183 $1,977 $1,238 $4,398 
Summary Of Loans In The Personal Banking Portfolio Percentage Of Balances by FICO Score For the remainder of loans in the Personal Banking portfolio, the table below shows the percentage of balances outstanding at June 30, 2024 and December 31, 2023 by FICO score.
   Personal Banking Loans
% of Loan Category
Real Estate - PersonalConsumerRevolving Home EquityConsumer Credit Card
June 30, 2024
FICO score:
Under 6002.1 %2.3 %2.0 %4.9 %
600 - 6592.3 4.1 2.9 12.0 
660 - 7197.3 12.8 10.5 29.3 
720 - 77921.6 24.2 23.4 26.7 
780 and over66.7 56.6 61.2 27.1 
Total100.0 %100.0 %100.0 %100.0 %
December 31, 2023
FICO score:
Under 6002.0 %2.5 %1.9 %4.7 %
600 - 6592.3 4.3 3.3 12.1 
660 - 7198.5 12.9 10.9 29.2 
720 - 77921.9 28.2 22.4 27.0 
780 and over65.3 52.1 61.5 27.0 
Total100.0 %100.0 %100.0 %100.0 %
Outstanding Balance Of Modified Loans to Borrowers Experiencing Financial Difficulty
The following tables present the amortized cost at June 30, 2024 of loans that were modified during the three and six months ended June 30, 2024 and the amortized cost of at June 30, 2023 of loans that were modified during the three and six months ended June 30, 2023.

For the Three Months Ended June 30, 2024



(Dollars in thousands)
Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees Forgiven
Other
Total% of Total Loan Category
June 30, 2024
Commercial:
Business$19,335 $— $— $— $— $19,335 0.3 %
Real estate – business45,513 — — — — 45,513 1.3 
Personal Banking:
Real estate – personal 70 1,704 — — — 1,774 0.1 
Consumer— — 30 — 44 74 — 
Consumer credit card— — 1,124 — — 1,124 0.2 
Total $64,918 $1,704 $1,154 $— $44 $67,820 0.4 %
For the Six Months Ended June 30, 2024
June 30, 2024
Commercial:
Business$30,575 $— $— $— $— $30,575 0.5 %
Real estate – business47,787 — — — — 47,787 1.3 
Personal Banking:
Real estate – personal309 3,975 — — — 4,284 0.1 
Consumer— — 58 — 44 102 — 
Consumer credit card— — 1,958 — — 1,958 0.3 
Total$78,671 $3,975 $2,016 $— $44 $84,706 0.5 %


For the Three Months Ended June 30, 2023



(Dollars in thousands)
Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees Forgiven
Other
Total% of Total Loan Category
June 30, 2023
Commercial:
Business$17,097 $— $— $— $— $17,097 0.3 %
Real estate – business33,966 — — — — 33,966 0.9 
Personal Banking:
Real estate – personal 246 1,223 — — — 1,469 — 
Consumer31 18 8 — — 57 — 
Consumer credit card— — 731 224 — 955 0.2 
Total $51,340 $1,241 $739 $224 $— $53,544 0.3 %
For the Six Months Ended June 30, 2023
June 30, 2023
Commercial:
Business$18,193 $— $— $— $— $18,193 0.3 %
Real estate – business49,548 — — — — 49,548 1.4 
Personal Banking:
Real estate – personal246 2,777 — — — 3,023 0.1 
Consumer31 75 21 — 55 182 — 
Consumer credit card— — 1,299 487 — 1,786 0.3 
Total$68,018 $2,852 $1,320 $487 $55 $72,732 0.4 %
Financing receivable, financial impacts of loan modifications and payment deferrals
The following tables summarize the financial impact of loan modifications and payment deferrals during the three and six months ended June 30, 2024 and June 30, 2023.

Term Extension
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
Commercial:
Business
Extended maturity by a weighted average of 6 months.
Extended maturity by a weighted average of 9 months.
Real estate – business
Extended maturity by a weighted average of 11 months.
Extended maturity by a weighted average of 12 months.
Personal Banking:
Real estate – personal
Extended maturity by a weighted average of 3 months.
Extended maturity by a weighted average of 7 months.
Consumer
Added 10 years to the life of loans.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
Commercial:
Business
Extended maturity by a weighted average of 6 months.
Extended maturity by a weighted average of 9 months.
Real estate – business
Extended maturity by a weighted average of 10 months.
Extended maturity by a weighted average of 14 months.
Personal Banking:
Real estate – personal
Extended maturity by a weighted average of 6 months.
Extended maturity by a weighted average of 7 months.
Consumer
Added 10 years to the life of loans.


Payment Delay
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
Personal Banking:
Real estate – personal
Deferred certain payments by a weighted average of 4 years.
Deferred certain payments by a weighted average of 28 years.
Consumer
Deferred certain payments by a weighted average of 6 months.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
Real estate – personal
Deferred certain payments by a weighted average of 6 years.
Deferred certain payments by a weighted average of 20 years.
Consumer
Deferred certain payments by a weighted average of 71 months.
Interest Rate Reduction
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
Personal Banking:
ConsumerReduced contractual interest rate from average 22% to 6%.Reduced contractual interest rate from average 21% to 6%.
Consumer credit cardReduced contractual interest rate from average 22% to 6%.Reduced contractual interest rate from average 21% to 6%.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
Personal Banking:
ConsumerReduced contractual interest rate from average 22% to 6%.Reduced contractual interest rate from average 21% to 6%.
Consumer credit cardReduced contractual interest rate from average 22% to 6%.Reduced contractual interest rate from average 21% to 6%.


Forgiveness of Interest/Fees
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
Personal Banking:
Consumer credit cardApproximately $13 thousand of interest and fees forgiven.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
Personal Banking:
Consumer credit cardApproximately $27 thousand of interest and fees forgiven.
Financing Receivable, Modified, Subsequent Default
The following tables provide the amortized cost basis at June 30, 2024 of loans to borrowers experiencing financial difficulty that had a payment default during the three and six months ended June 30, 2024 and were modified within the 12 months preceding the payment default, as well as the amortized cost basis at June 30, 2023 of loans to borrowers experiencing financial difficulty that had a payment default during the three and six months ended June 30, 2023 and had been modified on or after January 1, 2023 (the date we adopted ASU 2022-02). For purposes of this disclosure, the Company considers "default" to mean 90 days or more past due as to interest or principal.
For the Three Months Ended June 30, 2024For the Six Months Ended June 30, 2024


(Dollars in thousands)		Payment DelayInterest Rate ReductionInterest/Fees ForgivenTotalPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotal
June 30, 2024
Personal Banking:
Real estate – personal $1,740 $— $— $1,740 $1,956 $— $— $1,956 
Consumer— 12 — 12 — 12 — 12 
Consumer credit card— 349 12 361 — 457 12 469 
Total $1,740 $361 $12 $2,113 $1,956 $469 $12 $2,437 
For the Three Months Ended June 30, 2023For the Six Months Ended June 30, 2023


(Dollars in thousands)
Payment DelayInterest Rate ReductionInterest/Fees ForgivenTotalPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotal
June 30, 2023
Personal Banking:
Real estate – personal $779 $— $— $779 $779 $— $— $779 
Consumer— 6 — 6 — 11 — 11 
Consumer credit card— 67 78 145 — 111 78 189 
Total $779 $73 $78 $930 $779 $122 $78 $979 
Financing Receivable, Modified, Past Due
The following tables present the amortized cost basis at June 30, 2024 of loans to borrowers experiencing financial difficulty that had been modified within the previous 12 months as well as the amortized cost basis at June 30, 2023 of loans to borrowers experiencing financial difficulty that had been modified on or after January 1, 2023 (the date we adopted ASU 2022-02) through June 30, 2023.



(In thousands)
Current
30-89 Days Past Due
90 Days Past DueTotal
June 30, 2024
Commercial:
Business$32,565 $— $— $32,565 
Real estate – business74,512 — — 74,512 
Personal Banking:
Real estate – personal 2,129 2,004 1,740 5,873 
Consumer172 1 12 185 
Consumer credit card2,337 478 321 3,136 
Total $111,715 $2,483 $2,073 $116,271 



(In thousands)
Current
30-89 Days Past Due
90 Days Past DueTotal
June 30, 2023
Commercial:
Business$18,193 $— $— $18,193 
Real estate – business49,548 — — 49,548 
Personal Banking:
Real estate – personal 2,027 217 779 3,023 
Consumer169 7 6 182 
Consumer credit card1,205 436 145 1,786 
Total $71,142 $660 $930 $72,732