Allowance for Credit Losses

Schedule of activity in the Liability for Credit Losses for Off-Balance-Sheet Financial Instruments

Three Months Ended March 31, 2024

Commercial Lending

Residential Lending

Commercial

Home

and

Real

Lease

Residential

Equity

(dollars in thousands)

Industrial

Estate

Construction

Financing

Mortgage

Line

Consumer

Total

Reserve for unfunded commitments:

Balance at beginning of period

$

9,116

$

1,787

$

8,048

$

—

$

24

$

16,589

$

41

$

35,605

Provision

(324)

86

(1,151)

—

(10)

598

9

(792)

Balance at end of period

$

8,792

$

1,873

$

6,897

$

—

$

14

$

17,187

$

50

$

34,813


	Three Months Ended March 31, 2023
	Commercial Lending								Residential Lending
	Commercial		Commercial								Home
	and		Real				Lease		Residential		Equity
(dollars in thousands)	Industrial		Estate		Construction		Financing		Mortgage		Line		Consumer		Total
Reserve for unfunded commitments:
Balance at beginning of period	$	7,811	$	2,004	$	7,470	$	—	$	30	$	16,483	$	37	$	33,835
Provision		(658)		(312)		1,482		—		(13)		1,853		12		2,364
Balance at end of period	$	7,153	$	1,692	$	8,952	$	—	$	17	$	18,336	$	49	$	36,199

Schedule of aging analyses of past due loans and leases

March 31, 2024

Past Due

Loans and

Greater

Leases Past

Than or

Due 90 Days

30-59

60-89

Equal to

or More and

Days

90 Days

Total

Total Loans

Still Accruing

(dollars in thousands)

Past Due

Current

and Leases

Interest

Commercial and industrial

$

1,713

$

162

$

1,470

$

3,345

$

2,186,530

$

2,189,875

$

529

Commercial real estate

—

2,953

4,298,347

4,301,300

—

Construction

—

606

971,911

972,517

606

Lease financing

—

394,009

—

Residential mortgage

1,857

2,742

5,406

10,005

4,232,497

4,242,502

359

Home equity line

2,996

894

2,827

6,717

1,159,061

1,165,778

—

Consumer

15,606

2,873

2,126

20,605

1,033,622

1,054,227

2,126

Total

$

22,172

$

6,671

$

15,388

$

44,231

$

14,275,977

$

14,320,208

$

3,620


	December 31, 2023
	Past Due												Loans and
					Greater								Leases Past
					Than or								Due 90 Days
	30-59		60-89		Equal to								or More and
	Days		Days		90 Days		Total				Total Loans		Still Accruing
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		and Leases		Interest
Commercial and industrial	$	2,611	$	349	$	1,464	$	4,424	$	2,160,925	$	2,165,349	$	494
Commercial real estate		—		196		300		496		4,339,747		4,340,243		300
Construction		25,191		—		—		25,191		875,101		900,292		—
Lease financing		—		—		—		—		379,809		379,809		—
Residential mortgage		5,244		1,475		4,720		11,439		4,271,876		4,283,315		—
Home equity line		5,940		624		3,550		10,114		1,164,474		1,174,588		—
Consumer		23,259		3,897		2,702		29,858		1,080,043		1,109,901		2,702
Total	$	62,245	$	6,541	$	12,736	$	81,522	$	14,271,975	$	14,353,497	$	3,496

Schedule of loans modified to borrowers experiencing financial difficulty

Interest Rate Reduction

Three Months Ended

March 31, 2024

March 31, 2023

Amortized

% of Total Class

Amortized

% of Total Class

(dollars in thousands)

Cost Basis⁽¹⁾

of Financing Receivable

Cost Basis⁽¹⁾

of Financing Receivable

Commercial real estate

$

—

%

$

4

n/m

%

Consumer

628

0.06

358

0.03

Total

$

628

n/m

%

$

362

n/m

%

n/m – Represents less than 0.01% of total class of financing receivable.

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Term Extension

Three Months Ended

March 31, 2024

March 31, 2023

Amortized

% of Total Class

Amortized

% of Total Class

(dollars in thousands)

Cost Basis⁽¹⁾

of Financing Receivable

Cost Basis⁽¹⁾

of Financing Receivable

Commercial and industrial

$

199

0.01

%

$

96

n/m

%

Construction

—

231

0.03

Residential mortgage

310

0.01

34

n/m

Consumer

118

0.01

71

0.01

Total

$

627

n/m

%

$

432

n/m

%

n/m – Represents less than 0.01% of total class of financing receivable.

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Other-Than-Insignificant Payment Delay

Three Months Ended

March 31, 2024

March 31, 2023

Amortized

% of Total Class

Amortized

% of Total Class

(dollars in thousands)

Cost Basis⁽¹⁾

of Financing Receivable

Cost Basis⁽¹⁾

of Financing Receivable

Residential mortgage

$

1,260

0.03

%

$

—

%

Total

$

1,260

n/m

%

$

—

%

n/m – Represents less than 0.01% of total class of financing receivable.

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Tabular disclosure of financing receivables to borrowers experiencing financial difficulty modified within the previous 12 months and for which there was a payment default


	Amortized Cost Basis of Modified Loans That Subsequently Defaulted⁽¹⁾
	Three Months Ended March 31, 2024				Three Months Ended March 31, 2023
(dollars in thousands)	Interest Rate Reduction			Term Extension	Interest Rate Reduction		Term Extension
Consumer	$	300	$	7	$	10	$	—
Total	$	300	$	7	$	10	$	—

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the period.