A summary of current, past due and nonaccrual loans as of September 30, 2021 and December 31, 2020 follows:

	Current		30-89 Days Past Due		Accruing Loans Past Due 90 Days or More		Nonaccrual		Total
	(In thousands)
September 30, 2021
Commercial, financial, leasing, etc.	$	22,100,813		121,993		11,945		280,189	$	22,514,940
Real estate:
Commercial		25,524,405		245,157		63,368		1,152,870		26,985,800
Residential builder and developer		1,336,884		16,453		2,392		594		1,356,323
Other commercial construction		8,429,031		93,978		121		158,699		8,681,829
Residential		13,314,202		255,187		945,148		353,426		14,867,963
Residential — limited documentation		1,199,172		15,690		—		126,529		1,341,391
Consumer:
Home equity lines and loans		3,548,820		14,712		—		71,474		3,635,006
Recreational finance		7,972,125		29,656		—		23,907		8,025,688
Automobile		4,553,306		34,349		—		31,002		4,618,657
Other		1,499,219		9,399		3,106		43,573		1,555,297
Total	$	89,477,977		836,574		1,026,080		2,242,263	$	93,582,894

December 31, 2020
Commercial, financial, leasing, etc.	$	27,196,862	60,822	10,053	306,827	$	27,574,564
Real estate:
Commercial		26,688,515	168,917	47,014	775,894		27,680,340
Residential builder and developer		1,246,095	1,693	856	1,094		1,249,738
Other commercial construction		8,523,591	66,365	3,816	114,039		8,707,811
Residential		13,764,836	200,406	792,888	365,729		15,123,859
Residential — limited documentation		1,462,277	19,687	—	147,170		1,629,134
Consumer:
Home equity lines and loans		3,881,885	24,329	—	79,392		3,985,606
Recreational finance		7,002,643	47,161	—	25,519		7,075,323
Automobile		4,007,349	55,498	—	39,404		4,102,251
Other		1,346,868	17,561	4,581	38,231		1,407,241
Total	$	95,120,921	662,439	859,208	1,893,299	$	98,535,867

A summary of outstanding loan balances for which COVID-19 related modifications were granted as of September 30, 2021 is presented below. These loans meet the criteria described in note 1 of Notes to Financial Statements in the 2020 Annual Report and, accordingly, are not considered past due or otherwise in default of loan terms as of the date presented. The vast majority of the modifications noted below expire during 2021.

One-to-four family residential mortgage loans held for sale were $279 million and $777 million at September 30, 2021 and December 31, 2020, respectively. Commercial real estate loans held for sale were $559 million at September 30, 2021 and $278 million at December 31, 2020.

The Company utilizes a loan grading system to differentiate risk amongst its commercial loans and commercial real estate loans. Loans with a lower expectation of default are assigned one of ten possible “pass” loan grades and are generally ascribed lower loss factors when determining the allowance for credit losses. Loans with an elevated level of credit risk are classified as “criticized” and are ascribed a higher loss factor when determining the allowance for credit losses. Criticized loans may be classified as “nonaccrual” if the Company no longer expects to collect all amounts according to the contractual terms of the loan agreement or the loan is delinquent 90 days or more.

Loan officers in different geographic locations with the support of the Company’s credit department personnel review and reassign loan grades based on their detailed knowledge of individual borrowers and their judgment of the impact on such borrowers resulting from changing conditions in their respective regions. Factors considered in assigning loan grades include borrower-specific information related to expected future cash flows and operating results, collateral values, geographic location, financial condition and performance, payment status, and other information. The Company’s policy is that, at least annually, updated financial information be obtained from commercial borrowers associated with pass grade loans and additional analysis performed. On a quarterly basis, the Company’s centralized credit department reviews all criticized commercial loans and commercial real estate loans greater than $1 million to determine the appropriateness of the assigned loan grade, including whether the loan should be reported as accruing or nonaccruing.

The following table summarizes the loan grades applied at September 30, 2021 to the various classes of the Company’s commercial loans and commercial real estate loans by origination year.

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2021		2020		2019		2018		2017		Prior		Loans		Loans		Total
	(In thousands)
Commercial, financial, leasing, etc.:
Loan grades:
Pass	$	3,966,960		2,312,034		1,700,134		1,149,584		586,185		1,635,559		9,725,075		16,195	$	21,091,726
Criticized accrual		210,621		137,816		105,118		91,922		47,157		142,670		393,348		14,373		1,143,025
Criticized nonaccrual		5,615		20,345		30,067		52,890		25,688		39,674		98,241		7,669		280,189
Total commercial, financial, leasing, etc.	$	4,183,196		2,470,195		1,835,319		1,294,396		659,030		1,817,903		10,216,664		38,237	$	22,514,940

Real estate:
Commercial:
Loan grades:
Pass	$	2,259,468		2,835,919		4,069,520		2,765,720		2,176,210		6,007,272		729,377		—	$	20,843,486
Criticized accrual		22,831		553,477		661,516		1,042,329		566,644		2,092,456		50,191		—		4,989,444
Criticized nonaccrual		28,577		140,023		236,842		47,741		116,463		546,042		37,182		—		1,152,870
Total commercial real estate	$	2,310,876		3,529,419		4,967,878		3,855,790		2,859,317		8,645,770		816,750		—	$	26,985,800

Residential builder and developer:
Loan grades:
Pass	$	647,863		166,832		94,758		44,419		5,573		11,731		243,749		—	$	1,214,925
Criticized accrual		2,199		3,307		119,009		14,168		630		3		1,488		—		140,804
Criticized nonaccrual		—		—		518		—		—		76		—		—		594
Total residential builder and developer	$	650,062		170,139		214,285		58,587		6,203		11,810		245,237		—	$	1,356,323

Other commercial construction:
Loan grades:
Pass	$	661,068		1,817,753		2,445,555		1,108,676		270,054		407,500		38,391		—	$	6,748,997
Criticized accrual		655		42,578		589,790		700,577		320,718		119,815		—		—		1,774,133
Criticized nonaccrual		—		—		83,829		35,125		12,406		23,068		4,271		—		158,699
Total other commercial construction	$	661,723		1,860,331		3,119,174		1,844,378		603,178		550,383		42,662		—	$	8,681,829

Increases to criticized loans as compared with December 31, 2020 were predominantly attributable to the continued effects of the COVID-19 pandemic and the related re-grading of loans.

The Company considers repayment performance a significant indicator of credit quality for its residential real estate loan and consumer loan portfolios. A summary of loans in accrual and nonaccrual status at September 30, 2021 for the various classes of the Company’s residential real estate loans and consumer loans by origination year follows.

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2021		2020		2019		2018		2017		Prior		Loans		Loans		Total
	(In thousands)
Residential:
Current	$	2,027,514		1,742,731		1,158,831		520,113		1,258,200		6,544,178		62,635		—	$	13,314,202
30-89 days past due		16,352		10,434		7,322		5,529		30,337		185,213		—		—		255,187
Accruing loans past due 90 days or more		3,204		104,612		28,394		35,993		211,521		561,424		—		—		945,148
Nonaccrual		1,831		21,837		5,988		4,488		4,184		314,825		273		—		353,426
Total residential	$	2,048,901		1,879,614		1,200,535		566,123		1,504,242		7,605,640		62,908		—	$	14,867,963

Residential - limited documentation:
Current	$	—		—		—		—		—		1,199,172		—		—	$	1,199,172
30-89 days past due		—		—		—		—		—		15,690		—		—		15,690
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		126,529		—		—		126,529
Total residential - limited documentation	$	—		—		—		—		—		1,341,391		—		—	$	1,341,391

Consumer:
Home equity lines and loans:
Current	$	354		863		3,087		1,935		2,055		41,791		2,384,309		1,114,426	$	3,548,820
30-89 days past due		16		—		—		—		—		681		—		14,015		14,712
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		6,126		768		64,580		71,474
Total home equity lines and loans	$	370		863		3,087		1,935		2,055		48,598		2,385,077		1,193,021	$	3,635,006

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2021		2020		2019		2018		2017		Prior		Loans		Loans		Total
	(In thousands)
Recreational finance:
Current	$	2,468,197		2,248,066		1,369,098		699,577		486,354		700,833		—		—	$	7,972,125
30-89 days past due		3,062		7,028		6,669		4,090		3,657		5,150		—		—		29,656
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		549		3,125		4,371		4,771		3,679		7,412		—		—		23,907
Total recreational finance	$	2,471,808		2,258,219		1,380,138		708,438		493,690		713,395		—		—	$	8,025,688

Automobile:
Current	$	1,803,922		1,224,901		762,820		402,919		258,317		100,427		—		—	$	4,553,306
30-89 days past due		4,356		5,700		7,755		6,921		5,954		3,663		—		—		34,349
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		1,182		2,673		6,036		8,289		7,046		5,776		—		—		31,002
Total automobile	$	1,809,460		1,233,274		776,611		418,129		271,317		109,866		—		—	$	4,618,657

Other:
Current	$	185,095		113,060		86,349		30,414		19,825		24,780		1,038,160		1,536	$	1,499,219
30-89 days past due		2,201		393		640		204		85		459		5,028		389		9,399
Accruing loans past due 90 days or more		—		—		—		—		—		228		2,878		—		3,106
Nonaccrual		1,625		241		236		206		111		229		40,811		114		43,573
Total other	$	188,921		113,694		87,225		30,824		20,021		25,696		1,086,877		2,039	$	1,555,297

Total loans and leases at September 30, 2021	$	14,325,317		13,515,748		13,584,252		8,778,600		6,419,053		20,870,452		14,856,175		1,233,297	$	93,582,894

The following table summarizes the loan grades applied at December 31, 2020 to the various classes of the Company’s commercial loans and commercial real estate loans by origination year.

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2020		2019		2018		2017		2016		Prior		Loans		Loans		Total
	(In thousands)
Commercial, financial, leasing, etc.:
Loan grades:
Pass	$	7,732,728		2,277,233		1,505,486		930,834		719,796		1,387,695		11,352,416		21,286	$	25,927,474
Criticized accrual		388,326		84,358		113,940		41,587		39,930		73,401		584,751		13,970		1,340,263
Criticized nonaccrual		7,720		27,309		56,227		16,808		19,681		45,471		125,893		7,718		306,827
Total commercial, financial, leasing, etc.	$	8,128,774		2,388,900		1,675,653		989,229		779,407		1,506,567		12,063,060		42,974	$	27,574,564

Real estate:
Commercial:
Loan grades:
Pass	$	3,353,450		4,681,834		3,299,095		2,628,061		2,746,165		5,698,834		875,348		—	$	23,282,787
Criticized accrual		526,037		400,154		579,507		290,885		568,144		1,212,672		44,260		—		3,621,659
Criticized nonaccrual		26,876		121,899		47,144		99,293		197,319		248,949		34,414		—		775,894
Total commercial real estate	$	3,906,363		5,203,887		3,925,746		3,018,239		3,511,628		7,160,455		954,022		—	$	27,680,340

Residential builder and developer:
Loan grades:
Pass	$	506,295		223,880		109,453		15,048		10,976		11,320		236,943		—	$	1,113,915
Criticized accrual		3,690		106,847		14,836		3,421		—		1,885		4,050		—		134,729
Criticized nonaccrual		—		518		—		—		—		576		—		—		1,094
Total residential builder and developer	$	509,985		331,245		124,289		18,469		10,976		13,781		240,993		—	$	1,249,738

Other commercial construction:
Loan grades:
Pass	$	1,050,258		2,998,921		2,048,063		945,339		233,127		294,030		74,611		—	$	7,644,349
Criticized accrual		37,192		148,492		381,091		225,949		144,665		12,034		—		—		949,423
Criticized nonaccrual		335		65,592		13,522		4,213		12,097		12,873		5,407		—		114,039
Total other commercial construction	$	1,087,785		3,213,005		2,442,676		1,175,501		389,889		318,937		80,018		—	$	8,707,811

A summary of loans in accrual and nonaccrual status at December 31, 2020 for the various classes of the Company’s residential real estate loans and consumer loans by origination year follows.

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2020		2019		2018		2017		2016		Prior		Loans		Loans		Total
	(In thousands)
Residential:
Current	$	2,722,862		1,416,259		618,736		1,318,094		718,235		6,898,756		71,894		—	$	13,764,836
30-89 days past due		13,496		7,781		7,258		13,477		7,947		150,447		—		—		200,406
Accruing loans past due 90 days or more		579		15,234		38,145		212,818		45,804		480,308		—		—		792,888
Nonaccrual		3,133		14,439		5,183		6,408		2,900		333,466		200		—		365,729
Total residential	$	2,740,070		1,453,713		669,322		1,550,797		774,886		7,862,977		72,094		—	$	15,123,859

Residential - limited documentation:
Current	$	—		—		—		—		—		1,462,277		—		—	$	1,462,277
30-89 days past due		—		—		—		—		—		19,687		—		—		19,687
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		147,170		—		—		147,170
Total residential - limited documentation	$	—		—		—		—		—		1,629,134		—		—	$	1,629,134

Consumer:
Home equity lines and loans:
Current	$	773		3,983		1,591		2,016		162		51,554		2,569,621		1,252,185	$	3,881,885
30-89 days past due		—		—		—		—		—		1,148		939		22,242		24,329
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		—		—		—		—		—		6,148		5,752		67,492		79,392
Total home equity lines and loans	$	773		3,983		1,591		2,016		162		58,850		2,576,312		1,341,919	$	3,985,606

	Term Loans by Origination Year												Revolving		Revolving Loans Converted to Term
	2020		2019		2018		2017		2016		Prior		Loans		Loans		Total
	(In thousands)
Recreational finance:
Current	$	2,796,359		1,751,766		907,595		630,151		352,414		564,358		—		—	$	7,002,643
30-89 days past due		9,548		11,255		8,519		6,638		2,938		8,263		—		—		47,161
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		1,854		3,883		4,072		4,194		2,733		8,783		—		—		25,519
Total recreational finance	$	2,807,761		1,766,904		920,186		640,983		358,085		581,404		—		—	$	7,075,323
Automobile:
Current	$	1,595,636		1,106,782		629,338		440,604		171,017		63,972		—		—	$	4,007,349
30-89 days past due		6,461		14,140		12,542		12,899		6,373		3,083		—		—		55,498
Accruing loans past due 90 days or more		—		—		—		—		—		—		—		—		—
Nonaccrual		1,615		7,144		10,788		10,061		5,991		3,805		—		—		39,404
Total automobile	$	1,603,712		1,128,066		652,668		463,564		183,381		70,860		—		—	$	4,102,251

Other:
Current	$	160,424		137,617		53,702		32,556		4,526		28,970		927,217		1,856	$	1,346,868
30-89 days past due		1,879		1,130		577		2,301		42		557		10,594		481		17,561
Accruing loans past due 90 days or more		—		—		—		—		—		374		4,207		—		4,581
Nonaccrual		1,493		492		339		183		31		501		35,044		148		38,231
Total other	$	163,796		139,239		54,618		35,040		4,599		30,402		977,062		2,485	$	1,407,241

Total loans and leases at December 31, 2020	$	20,949,019		15,628,942		10,466,749		7,893,838		6,013,013		19,233,367		16,963,561		1,387,378	$	98,535,867

For purposes of determining the level of the allowance for credit losses, the Company evaluates its loan and lease portfolio by type. Changes in the allowance for credit losses for the three months ended September 30, 2021 were as follows:

Changes in the allowance for credit losses for the three months ended September 30, 2020 were as follows:

Changes in the allowance for credit losses for the nine months ended September 30, 2021 were as follows:

Changes in the allowance for credit losses for the nine months ended September 30, 2020 were as follows:

	Commercial, Financial,			Real Estate
	Leasing, etc.			Commercial			Residential			Consumer			Unallocated			Total
	(In thousands)

Beginning balance	$	366,094			322,201			56,033			229,118			77,625		$	1,051,071
Adoption of new accounting standard		(61,474	)		23,656			53,896			194,004			(77,625	)		132,457
Provision for credit losses		161,444			335,159			11,458			216,939			—			725,000
Net charge-offs
Charge-offs		(63,425	)		(23,266	)		(8,227	)		(116,409	)		—			(211,327	)
Recoveries		11,109			4,030			4,522			41,643			—			61,304
Net charge-offs		(52,316	)		(19,236	)		(3,705	)		(74,766	)		—			(150,023	)
Ending balance	$	413,748			661,780			117,682			565,295			—		$	1,758,505

Despite the allocation in the preceding tables, the allowance for credit losses is general in nature and is available to absorb losses from any loan or lease type. In determining the allowance for credit losses, accruing loans with similar risk characteristics are generally evaluated collectively. The Company utilizes statistically developed models to project principal balances over the remaining contractual lives of the loan portfolios and to determine estimated credit losses through a reasonable and supportable forecast period. Individual loan credit quality indicators including loan grade and borrower repayment performance inform the models, which have been statistically developed based on historical correlations of credit losses with prevailing economic metrics, including unemployment, gross domestic product and real estate prices. Model forecasts may be adjusted for inherent limitations or biases that have been identified through independent validation and back-testing of model performance to actual realized results. At both September 30, 2021 and December 31, 2020, the Company utilized a reasonable and supportable forecast period of two years. Subsequent to this forecast period the Company reverted, ratably over a one-year period, to historical loss experience to inform its estimate of losses for the remaining contractual life of each portfolio. The Company also estimates losses attributable to specific troubled credits identified through both normal and targeted credit review processes. The amounts of specific loss components in the Company’s loan and lease portfolios are determined through a loan-by-loan analysis of larger balance commercial loans and commercial real estate loans that are in nonaccrual status. Such loss estimates are typically based on expected future cash flows, collateral values and other factors that may impact the borrower’s ability to pay. To the extent that those loans are collateral-dependent, they are evaluated based on the fair value of the loan’s collateral as estimated at or near the financial statement date. As the quality of a loan deteriorates to the point of classifying the loan as “criticized,” the process of obtaining updated collateral valuation information is usually initiated, unless it is not considered warranted given factors such as the relative size of the loan, the characteristics of the collateral or the age of the last valuation. In those cases where current appraisals may not yet be available, prior appraisals are utilized with adjustments, as deemed necessary, for estimates of subsequent declines in values as determined by line of business and/or loan workout personnel. Those adjustments are reviewed and assessed for reasonableness by the Company’s credit department. Accordingly, for real estate collateral securing larger nonaccrual commercial loans and commercial real estate loans, estimated collateral values are based on current appraisals and estimates of value. For non-real estate loans, collateral is assigned a discounted estimated liquidation value and, depending on the nature of the collateral, is verified through field exams or other procedures. In assessing collateral, real estate and non-real estate values are reduced by an estimate of selling costs.

For residential real estate loans, including home equity loans and lines of credit, the excess of the loan balance over the net realizable value of the property collateralizing the loan is charged-off when the loan becomes 150 days delinquent. That charge-off is based on recent indications of value from external parties that are generally obtained shortly after a loan becomes nonaccrual. Loans to consumers that file for bankruptcy are generally charged-off to estimated net collateral value shortly after the Company is notified of such filings. When evaluating individual home equity loans and lines of credit for charge off and for purposes of estimating losses in determining the allowance for credit losses, the Company gives consideration to the required repayment of any first lien positions related to collateral property. Modified loans, including smaller balance homogenous loans, that are considered to be troubled debt restructurings are evaluated for impairment giving consideration to the impact of the modified loan terms on the present value of the loan’s expected cash flows.

Changes in the amount of the allowance for credit losses reflect the outcome of the procedures described herein. Improvement in the economic outlook at September 30, 2021 contributed to a reduced estimate of expected credit losses. Other factors considered included the impact of portfolio concentrations, changes in underwriting practices, product expansions into new markets, imprecision in economic forecasts and other risk factors that might influence the loss estimation process.

The Company’s reserve for off-balance sheet credit exposures was not material at September 30, 2021 and December 31, 2020.

Information with respect to loans and leases that were considered nonaccrual at the beginning and end of the reporting period and the interest income recognized on such loans for the three-month and nine-month periods ended September 30, 2021 and 2020 follows.

	September 30, 2021						June 30, 2021		January 1, 2021		Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021
	Amortized Cost with Allowance		Amortized Cost without Allowance		Total		Amortized Cost		Amortized Cost		Interest Income Recognized		Interest Income Recognized
	(In thousands)

Commercial, financial, leasing, etc.	$	171,040	$	109,149	$	280,189	$	330,040	$	306,827	$	4,646	$	10,661
Real estate:
Commercial		332,014		820,856		1,152,870		1,081,546		775,894		2,256		4,518
Residential builder and developer		594		-		594		14,552		1,094		206		239
Other commercial construction		36,750		121,949		158,699		133,758		114,039		255		570
Residential		196,918		156,508		353,426		372,144		365,729		6,809		17,603
Residential — limited documentation		81,538		44,991		126,529		136,683		147,170		100		336
Consumer:
Home equity lines and loans		38,582		32,892		71,474		76,711		79,392		979		2,924
Recreational finance		18,428		5,479		23,907		23,276		25,519		164		478
Automobile		27,258		3,744		31,002		31,090		39,404		46		143
Other		43,330		243		43,573		42,257		38,231		110		433
Total	$	946,452	$	1,295,811	$	2,242,263	$	2,242,057	$	1,893,299	$	15,571	$	37,905

	September 30, 2020						June 30, 2020		January 1, 2020		Three Months Ended September 30, 2020		Nine Months Ended September 31, 2020
	Amortized Cost with Allowance		Amortized Cost without Allowance		Total		Amortized Cost		Amortized Cost		Interest Income Recognized		Interest Income Recognized
	(In thousands)

Commercial, financial, leasing, etc.	$	264,515	$	86,113	$	350,628	$	284,654	$	346,743	$	5,999	$	9,035
Real estate:
Commercial		86,199		166,316		252,515		172,488		173,796		993		6,782
Residential builder and developer		1,833		—		1,833		1,748		4,708		114		173
Other commercial construction		15,441		22,186		37,627		85,426		35,881		232		6,809
Residential		66,302		231,334		297,636		306,907		322,504		3,410		15,258
Residential — limited documentation		29,824		85,959		115,783		118,695		114,667		114		571
Consumer:
Home equity lines and loans		36,134		42,686		78,820		77,094		65,039		1,017		3,236
Recreational finance		17,637		6,554		24,191		24,152		14,308		155		461
Automobile		37,355		5,019		42,374		42,736		21,293		47		139
Other		3,567		34,998		38,565		42,750		35,394		174		489
Total	$	558,807	$	681,165	$	1,239,972	$	1,156,650	$	1,134,333	$	12,255	$	42,953

During the normal course of business, the Company modifies loans to maximize recovery efforts. If the borrower is experiencing financial difficulty and a concession is granted, the Company considers such modifications as troubled debt restructurings and classifies those loans as either nonaccrual loans or renegotiated loans. The types of concessions that the Company grants typically include principal deferrals and interest rate concessions, but may also include other types of concessions.

The table that follows summarizes the Company’s loan modification activities that were considered troubled debt restructurings for the three-month and nine-month periods ended September 30, 2021 and 2020:

					Post-modification (a)
	Number		Pre- modification Recorded Investment		Principal Deferral		Interest Rate Reduction		Other		Combination of Concession Types		Total
Three Months Ended September 30, 2021	(Dollars in thousands)

Commercial, financial, leasing, etc.		62	$	49,884	$	6,051	$	—	$	40,242	$	3,479	$	49,772
Real estate:
Commercial		15		53,198		30,311		—		262		22,599		53,172
Residential		64		14,443		12,281		—		—		1,984		14,265
Residential — limited documentation		4		828		828		—		—		—		828
Consumer:
Home equity lines and loans		22		1,349		1,246		—		—		103		1,349
Recreational finance		67		2,565		2,565		—		—		—		2,565
Automobile		146		2,711		2,711		—		—		—		2,711
Other		15		123		123		—		—		—		123
Total		395	$	125,101	$	56,116	$	—	$	40,504	$	28,165	$	124,785


Three Months Ended September 30, 2020

Commercial, financial, leasing, etc.		112	$	35,037	$	7,145	$	298	$	—	$	27,512	$	34,955
Real estate:
Commercial		50		13,293		12,506		172		30		600		13,308
Residential		30		8,544		5,517		—		—		3,616		9,133
Consumer:
Home equity lines and loans		33		3,410		129		—		—		3,286		3,415
Recreational finance		74		2,734		2,734		—		—		—		2,734
Automobile		403		7,007		7,005		—		—		2		7,007
Other		383		3,046		142		—		—		2,904		3,046
Total		1,085	$	73,071	$	35,178	$	470	$	30	$	37,920	$	73,598

					Post-modification (a)
	Number		Pre- modification Recorded Investment		Principal Deferral		Interest Rate Reduction		Other		Combination of Concession Types		Total
Nine Months Ended September 30, 2021	(Dollars in thousands)

Commercial, financial, leasing, etc.		244	$	174,366	$	42,143	$	—	$	40,464	$	90,770	$	173,377
Real estate:
Commercial		83		223,209		48,841		—		30,832		141,456		221,129
Other commercial construction		3		542		532		—		—		—		532
Residential		304		88,067		80,411		—		—		7,391		87,802
Residential — limited documentation		17		2,349		2,292		—		—		—		2,292
Consumer:
Home equity lines and loans		64		5,034		4,702		—		—		277		4,979
Recreational finance		173		5,896		5,896		—		—		—		5,896
Automobile		516		9,182		9,168		—		—		14		9,182
Other		338		2,393		2,393		—		—		—		2,393
Total		1,742	$	511,038	$	196,378	$	—	$	71,296	$	239,908	$	507,582

Nine Months Ended September 30, 2020

Commercial, financial, leasing, etc.		279	$	102,865	$	29,762	$	298	$	31,605	$	40,013	$	101,678
Real estate:
Commercial		106		94,807		24,372		505		4,830		52,916		82,623
Residential builder and developer		1		91		—		—		—		90		90
Residential		82		27,594		11,865		—		—		19,126		30,991
Residential — limited documentation		9		2,980		2,667		—		—		1,232		3,899
Consumer:
Home equity lines and loans		159		11,719		688		—		—		11,057		11,745
Recreational finance		348		13,619		13,619		—		—		—		13,619
Automobile		1,873		33,541		33,539		—		—		2		33,541
Other		718		5,229		824		—		—		4,405		5,229
Total		3,575	$	292,445	$	117,336	$	803	$	36,435	$	128,841	$	283,415

Troubled debt restructurings are evaluated for impairment giving consideration to the impact of the modified loan terms on the present value of the loan’s expected cash flows. Impairment of troubled debt restructurings that have subsequently defaulted may also be measured based on the loan’s observable market price or the fair value of collateral if the loan is collateral-dependent. Charge-offs may also be recognized on troubled debt restructurings that have subsequently defaulted. Loans that were modified as troubled debt restructurings during the twelve months ended September 30, 2021 and 2020 and for which there was a subsequent payment default during the nine-month periods ended September 30, 2021 and 2020, respectively, were not material.

The amount of foreclosed residential real estate property held by the Company was $25 million and $28 million at September 30, 2021 and December 31, 2020, respectively. There were $156 million and $214 million at September 30, 2021 and December 31, 2020, respectively, of loans secured by residential real estate that were in the process of foreclosure. Of all loans in the process of foreclosure at September 30, 2021, approximately 42% were government guaranteed.