Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2023

Receivables [Abstract]

Schedule of Composition of Loans

The following table summarizes the composition of originated and acquired loans as of the dates presented:

(dollars in thousands)	September 30, 2023		December 31, 2022
Commercial real estate	$	2,591,189	$	2,538,839
Commercial and industrial	1,424,141		1,510,392
Commercial construction	372,839		381,963
Business banking	1,363,314		1,205,944
Consumer real estate	1,649,056		1,421,953
Other consumer	115,379		124,878
Total Portfolio Loans	$	7,515,918	$	7,183,969
Loans held for sale	257		16
Total Loans(1)	$	7,516,175	$	7,183,985

(1) Excludes interest receivable of $34.2 million at September 30, 2023 and $28.3 million at December 31, 2022. Interest receivable is included in other assets in the Consolidated Balance Sheets.

Summary of Restructured Loans for Periods Presented

The following table presents the amortized cost of loans to borrowers experiencing financial difficulty by portfolio segment and type of modification during the periods presented:

	Three Months Ended September 30, 2023
(dollars in thousands)	Term Extension		Term Extension and Interest Rate Reduction		Total		% of Portfolio Segment
Commercial real estate	$	—	$	—	$	—	—	%
Commercial industrial	6,347		—		6,347		0.45	%
Commercial construction	—		—		—		—	%
Business banking	—		—		—		—	%
Consumer real estate	—		—		—		—	%
Total(1)	$	6,347	$	—	$	6,347	0.08	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

	Nine Months Ended September 30, 2023
(dollars in thousands)	Term Extension		Term Extension and Interest Rate Reduction		Total		% of Portfolio Segment
Commercial real estate	$	13,505	$	—	$	13,505	0.52	%
Commercial industrial	6,892		—		6,892		0.48	%
Commercial construction	1,610		—		1,610		0.43	%
Business banking	658		—		658		0.05	%
Consumer real estate	62		191		253		0.02	%
Total(1)	$	22,727	$	191	$	22,918	0.30	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

    The following table describes the effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:

	Three Months Ended September 30, 2023				Nine Months Ended September 30, 2023
	Weighted-Average Term Extension (in Months)		Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension (in Months)		Weighted-Average Interest Rate Reduction
Commercial real estate		0		—		7		—
Commercial industrial		2		—		6		—
Commercial construction		0		—		5		—
Business banking		0		—		5		—
Consumer real estate		0		—		168		2%

The following table summarizes TDRs as of the date presented:

	December 31, 2022
(dollars in thousands)	Accruing TDRs		Nonaccruing TDRs		Total TDRs
Commercial real estate	$	—	$	—	$	—
Commercial and industrial	626		—		626
Commercial construction	1,655		—		1,655
Business banking	438		1,087		1,525
Consumer real estate	6,168		1,798		7,966
Other consumer	4		9		13
Total	$	8,891	$	2,894	$	11,785

The following tables present the TDRs by portfolio segment and type of concession for the periods presented:

	Three Months Ended September 30, 2022
	Number of Contracts	Type of Modification										Total Post-Modification Outstanding Recorded Investment(2)		Total Pre-Modification Outstanding Recorded Investment(2)
(dollars in thousands)		Bankruptcy(1)		Other		Extend Maturity		Modify Rate		Modify Payments
Commercial real estate	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial industrial	—	—		—		—		—		—		—		—
Commercial construction	—	—		—		—		—		—		—		—
Business banking	—	—		—		—		—		—		—		—
Consumer real estate	6	172		—		—		—		—		172		173
Other consumer	1	9		—		—		—		—		9		12
Total	7	$	181	$	—	$	—	$	—	$	—	$	181	$	185
(1) Bankruptcy is consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed. (2) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

	Nine Months Ended September 30, 2022
	Number of Contracts	Type of Modification										Total Post-Modification Outstanding Recorded Investment(2)		Total Pre-Modification Outstanding Recorded Investment(2)
(dollars in thousands)		Bankruptcy(1)		Other		Extend Maturity		Modify Rate		Modify Payments
Commercial real estate	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial industrial	—	—		—		—		—		—		—		—
Commercial construction	—	—		—		—		—		—		—		—
Business banking	—	—		—		—		—		—		—		—
Consumer real estate	21	1,204		—		862		—		—		2,066		2,530
Other consumer	2	11		—		—		—		—		11		15
Total	23	$	1,215	$	—	$	862	$	—	$	—	$	2,077	$	2,545
(1) Bankruptcy is consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed. (2) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

Summary of Aging Analysis of Modifications

The following table presents the aging analysis of modifications to borrowers experiencing financial difficulty in the last 12 months as of the date presented:

	September 30, 2023
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total
Commercial real estate	$	13,505	$	—	$	—	$	—	$	13,505
Commercial and industrial	6,447		—		—		445		6,892
Commercial construction	—		1,610		—		—		1,610
Business banking	658		—		—		—		658
Consumer real estate	191		—		62		—		253
Total	$	20,801	$	1,610	$	62	$	445	$	22,918

Summary of Nonperforming Assets

The following table is a summary of nonperforming assets as of the dates presented:

	Nonperforming Assets
(dollars in thousands)	September 30, 2023			December 31, 2022
Nonperforming Assets
Nonaccrual Loans		$	12,677		$	19,052
OREO		3,715			3,065
Total Nonperforming Assets		$	16,392		$	22,117

The following tables present loans on nonaccrual status by class of loan for the year-to-date periods presented:

	September 30, 2023
(dollars in thousands)	Beginning of Period Nonaccrual		End of Period Nonaccrual		Nonaccrual With No Related Allowance		Interest Income Recognized on Nonaccrual(1)
Commercial real estate	$	7,100	$	1,262	$	—	$	5
Commercial and industrial	283		919		—		1
Commercial construction	384		384		—		—
Business banking	4,490		4,010		—		37
Consumer real estate	6,526		5,768		—		93
Other consumer	269		334		—		—
Total	$	19,052	$	12,677	$	—	$	136

(1) Represents only cash payments received and applied to interest on nonaccrual loans.

	December 31, 2022
(dollars in thousands)	Beginning of Period Nonaccrual		End of Period Nonaccrual		Nonaccrual With No Related Allowance		Interest Income Recognized on Nonaccrual(1)
Commercial real estate	$	31,488	$	7,100	$	5,649	$	580
Commercial and industrial	15,239		283		—		148
Commercial construction	2,471		384		—		171
Business banking	9,641		4,490		933		228
Consumer real estate	7,294		6,526		—		257
Other consumer	158		269		—		1
Total	$	66,291	$	19,052	$	6,582	$	1,385

(1) Represents only cash payments received and applied to interest on nonaccrual loans.

Schedule of Loans Credit Quality Indicators

The following tables present loan balances by year of origination and internally assigned risk rating for our portfolio segments as of the dates presented:

	September 30, 2023
	Risk Rating
(dollars in thousands)	2023		2022		2021		2020		2019		2018 and Prior		Revolving		Revolving-Term		Total
Commercial Real Estate
Pass	$	221,775	$	268,261	$	416,345	$	242,965	$	377,358	$	785,748	$	35,469	$	—	$	2,347,921
Special mention	—		—		6,000		1,107		38,236		106,995		—		—		152,338
Substandard	—		—		—		1,267		10,776		78,887		—		—		90,930
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Real Estate	221,775		268,261		422,345		245,339		426,370		971,630		35,469		—		2,591,189
Year-to-date Gross Charge-offs	—		—		—		—		—		—		—		—		—
Commercial and Industrial
Pass	143,170		234,153		199,719		56,549		53,214		173,188		478,363		—		1,338,356
Special mention	—		651		11,698		1,689		—		8,461		15,359		—		37,858
Substandard	—		254		13,476		—		6,059		2,691		25,447		—		47,927
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial and Industrial	143,170		235,058		224,893		58,238		59,273		184,340		519,169		—		1,424,141
Year-to-date Gross Charge-offs	—		—		—		—		3,412		11,808		3,033		—		18,253
Commercial Construction
Pass	44,519		188,037		97,525		13,266		2,575		4,368		12,475		—		362,765
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		8,240		1,834		—		—		10,074
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Construction	44,519		188,037		97,525		13,266		10,815		6,202		12,475		—		372,839
Year-to-date Gross Charge-offs	—		—		—		—		—		—		—		—		—
Business Banking
Pass	230,663		270,093		213,953		90,386		99,541		337,456		98,434		781		1,341,307
Special mention	—		—		263		227		—		3,307		37		179		4,013
Substandard	—		17		2,513		554		3,220		10,706		114		870		17,994
Doubtful	—		—		—		—		—		—		—		—		—
Total Business Banking	230,663		270,110		216,729		91,167		102,761		351,469		98,585		1,830		1,363,314
Year-to-date Gross Charge-offs	—		67		43		1		88		1,018		35		—		1,252
Consumer Real Estate
Pass	225,529		326,499		149,042		101,799		67,478		192,173		553,737		22,393		1,638,650
Special mention	—		—		—		—		—		116		—		—		116
Substandard	—		208		200		139		506		6,186		610		2,441		10,290
Doubtful	—		—		—		—		—		—		—		—		—
Total Consumer Real Estate	225,529		326,707		149,242		101,938		67,984		198,475		554,347		24,834		1,649,056
Year-to-date Gross Charge-offs	—		1		—		5		1		43		75		99		224
Other Consumer
Pass	10,284		13,136		7,503		3,483		1,523		728		75,803		2,703		115,163
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		26		4		21		149		—		16		216
Doubtful	—		—		—		—		—		—		—		—		—
Total Other Consumer	10,284		13,136		7,529		3,487		1,544		877		75,803		2,719		115,379
Year-to-date Gross Charge-offs	551		116		148		8		28		5		—		173		1,029
Pass	875,940		1,300,179		1,084,087		508,448		601,689		1,493,661		1,254,281		25,877		7,144,162
Special mention	—		651		17,961		3,023		38,236		118,879		15,396		179		194,325
Substandard	—		479		16,215		1,964		28,822		100,453		26,171		3,327		177,431
Doubtful	—		—		—		—		—		—		—		—		—
Total Loan Balance	$	875,940	$	1,301,309	$	1,118,263	$	513,435	$	668,747	$	1,712,993	$	1,295,848	$	29,383	$	7,515,918
Current Year-to-date Gross Charge-offs	$	551	$	184	$	191	$	14	$	3,529	$	12,874	$	3,143	$	272	$	20,758

	December 31, 2022
	Risk Rating
(dollars in thousands)	2022		2021		2020		2019		2018		2017 and Prior		Revolving		Revolving-Term		Total
Commercial Real Estate
Pass	$	292,732	$	360,423	$	267,743	$	422,872	$	227,006	$	704,600	$	21,666	$	—	$	2,297,042
Special mention	—		—		—		13,187		20,090		101,112		—		—		134,389
Substandard	—		—		1,306		13,434		14,845		77,823		—		—		107,408
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Real Estate	292,732		360,423		269,049		449,493		261,941		883,535		21,666		—		2,538,839
Commercial and Industrial
Pass	253,324		264,012		88,544		63,190		62,874		138,250		559,777		—		1,429,971
Special mention	—		25,436		—		5,103		1,885		7,132		19,280		—		58,836
Substandard	372		—		—		5,705		1,152		1,891		12,465		—		21,585
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial and Industrial	253,696		289,448		88,544		73,998		65,911		147,273		591,522		—		1,510,392
Commercial Construction
Pass	120,655		159,737		40,762		6,338		3,953		2,297		27,284		—		361,026
Special mention	—		10,954		—		8,104		—		—		—		—		19,058
Substandard	—		—		—		—		—		1,879		—		—		1,879
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Construction	120,655		170,691		40,762		14,442		3,953		4,176		27,284		—		381,963
Business Banking
Pass	287,520		233,499		87,926		107,819		80,549		276,843		104,354		645		1,179,155
Special mention	—		157		146		—		2,790		3,945		793		95		7,926
Substandard	159		67		3,077		1,912		1,550		11,391		124		551		18,831
Doubtful	—		—		—		—		—		32		—		—		32
Total Business Banking	287,679		233,723		91,149		109,731		84,889		292,211		105,271		1,291		1,205,944
Consumer Real Estate
Pass	296,900		148,790		91,477		74,155		30,658		191,228		552,994		21,547		1,407,749
Special mention	—		—		—		—		—		882		—		—		882
Substandard	48		213		136		428		1,373		8,059		655		2,410		13,322
Doubtful	—		—		—		—		—		—		—		—		—
Total Consumer Real Estate	296,948		149,003		91,613		74,583		32,031		200,169		553,649		23,957		1,421,953
Other Consumer
Pass	20,046		10,819		5,427		3,242		1,013		724		82,125		1,404		124,800
Special mention	—		—		—		—		—		—		—		—		—
Substandard	8		—		—		28		21		—		—		21		78
Doubtful	—		—		—		—		—		—		—		—		—
Total Other Consumer	20,054		10,819		5,427		3,270		1,034		724		82,125		1,425		124,878
Pass	1,271,177		1,177,280		581,879		677,616		406,053		1,313,942		1,348,200		23,596		6,799,743
Special Mention	—		36,547		146		26,394		24,765		113,071		20,073		95		221,091
Substandard	587		280		4,519		21,507		18,941		101,043		13,244		2,982		163,103
Doubtful	—		—		—		—		—		32		—		—		32
Total Loan Balance	$	1,271,764	$	1,214,107	$	586,544	$	725,517	$	449,759	$	1,528,088	$	1,381,517	$	26,673	$	7,183,969

The following tables present loan balances by year of origination and accrual and nonaccrual status for our portfolio segments as of the dates presented:

	September 30, 2023
(dollars in thousands)	2023		2022		2021		2020		2019		2018 and Prior		Revolving		Revolving-Term		Total
Commercial Real Estate
Accrual	$	221,775	$	268,261	$	422,345	$	245,339	$	426,370	$	970,368	$	35,469	$	—	$	2,589,927
Nonaccrual	—		—		—		—		—		1,262		—		—		1,262
Total Commercial Real Estate	221,775		268,261		422,345		245,339		426,370		971,630		35,469		—		2,591,189
Commercial and Industrial
Accrual	143,170		235,058		224,893		58,238		59,273		183,651		518,939		—		1,423,222
Nonaccrual	—		—		—		—		—		689		230		—		919
Total Commercial and Industrial	143,170		235,058		224,893		58,238		59,273		184,340		519,169		—		1,424,141
Commercial Construction
Accrual	44,519		188,037		97,525		13,266		10,815		5,818		12,475		—		372,455
Nonaccrual	—		—		—		—		—		384		—		—		384
Total Commercial Construction	44,519		188,037		97,525		13,266		10,815		6,202		12,475		—		372,839
Business Banking
Accrual	230,663		270,110		216,729		91,128		102,469		347,909		98,585		1,711		1,359,304
Nonaccrual	—		—		—		39		292		3,560		—		119		4,010
Total Business Banking	230,663		270,110		216,729		91,167		102,761		351,469		98,585		1,830		1,363,314
Consumer Real Estate
Accrual	225,529		326,331		149,205		101,895		67,487		195,678		554,139		23,024		1,643,288
Nonaccrual	—		376		37		43		497		2,797		208		1,810		5,768
Total Consumer Real Estate	225,529		326,707		149,242		101,938		67,984		198,475		554,347		24,834		1,649,056
Other Consumer
Accrual	10,284		13,136		7,522		3,291		1,544		746		75,803		2,719		115,045
Nonaccrual	—		—		7		196		—		131		—		—		334
Total Other Consumer	10,284		13,136		7,529		3,487		1,544		877		75,803		2,719		115,379
Accrual	875,940		1,300,933		1,118,219		513,157		667,958		1,704,170		1,295,410		27,454		7,503,241
Nonaccrual	—		376		44		278		789		8,823		438		1,929		12,677
Total Loan Balance	$	875,940	$	1,301,309	$	1,118,263	$	513,435	$	668,747	$	1,712,993	$	1,295,848	$	29,383	$	7,515,918

	December 31, 2022
(dollars in thousands)	2022		2021		2020		2019		2018		2017 and Prior		Revolving		Revolving-Term		Total
Commercial Real Estate
Accrual	$	292,732	$	360,423	$	269,049	$	449,493	$	261,941	$	876,435	$	21,666	$	—	$	2,531,739
Nonaccrual	—		—		—		—		—		7,100		—		—		7,100
Total Commercial Real Estate	292,732		360,423		269,049		449,493		261,941		883,535		21,666		—		2,538,839
Commercial and Industrial
Accrual	253,696		289,448		88,544		73,998		65,858		147,273		591,292		—		1,510,109
Nonaccrual	—		—		—		—		53		—		230		—		283
Total Commercial and Industrial	253,696		289,448		88,544		73,998		65,911		147,273		591,522		—		1,510,392
Commercial Construction
Accrual	120,655		170,691		40,762		14,442		3,953		3,792		27,284		—		381,579
Nonaccrual	—		—		—		—		—		384		—		—		384
Total Commercial Construction	120,655		170,691		40,762		14,442		3,953		4,176		27,284		—		381,963
Business Banking
Accrual	287,679		233,656		91,149		109,479		83,689		289,435		105,172		1,195		1,201,454
Nonaccrual	—		67		—		252		1,200		2,776		99		96		4,490
Total Business Banking	287,679		233,723		91,149		109,731		84,889		292,211		105,271		1,291		1,205,944
Consumer Real Estate
Accrual	296,948		148,868		91,085		73,947		31,646		196,384		553,441		23,108		1,415,427
Nonaccrual	—		135		528		636		385		3,785		208		849		6,526
Total Consumer Real Estate	296,948		149,003		91,613		74,583		32,031		200,169		553,649		23,957		1,421,953
Other Consumer
Accrual	20,054		10,819		5,303		3,270		1,034		593		82,125		1,411		124,609
Nonaccrual	—		—		124		—		—		131		—		14		269
Total Other Consumer	20,054		10,819		5,427		3,270		1,034		724		82,125		1,425		124,878
Accrual	1,271,764		1,213,905		585,892		724,629		448,121		1,513,912		1,380,980		25,714		7,164,917
Nonaccrual	—		202		652		888		1,638		14,176		537		959		19,052
Total Loan Balance	$	1,271,764	$	1,214,107	$	586,544	$	725,517	$	449,759	$	1,528,088	$	1,381,517	$	26,673	$	7,183,969

There were no collateral-dependent loans as of September 30, 2023. The following table presents collateral-dependent loans by class of loans as of December 31, 2022:

	December 31, 2022
	Type of Collateral
(dollars in thousands)	Real Estate		Business Assets		Other
Commercial real estate	$	5,649	$	—	$	—
Commercial and industrial	—		626		—
Commercial construction	1,655		—		—
Business banking	260		1,112		154
Consumer real estate	561		—		—
Total	$	8,125	$	1,738	$	154

Schedule of Age Analysis of Past Due Loans Segregated by Class of Loans

The following tables present the age analysis of past due loans segregated by class of loans as of the dates presented:

	September 30, 2023
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due Loans		Total Loans
Commercial real estate	$	2,589,832	$	—	$	95	$	1,262	$	1,357	$	2,591,189
Commercial and industrial	1,423,222		—		—		919		919		1,424,141
Commercial construction	366,269		6,186		—		384		6,570		372,839
Business banking	1,356,627		1,826		851		4,010		6,687		1,363,314
Consumer real estate	1,638,157		2,104		3,027		5,768		10,899		1,649,056
Other consumer	114,792		212		41		334		587		115,379
Total	$	7,488,899	$	10,328	$	4,014	$	12,677	$	27,019	$	7,515,918

	December 31, 2022
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due Loans		Total Loans
Commercial real estate	$	2,523,315	$	8,424	$	—	$	7,100	$	15,524	$	2,538,839
Commercial and industrial	1,505,805		4,304		—		283		4,587		1,510,392
Commercial construction	381,579		—		—		384		384		381,963
Business banking	1,199,586		1,583		285		4,490		6,358		1,205,944
Consumer real estate	1,409,907		3,617		1,903		6,526		12,046		1,421,953
Other consumer	124,384		165		60		269		494		124,878
Total	$	7,144,576	$	18,093	$	2,248	$	19,052	$	39,393	$	7,183,969

Schedule of Allowance for Credit Loss

The following tables present activity in the ACL for the periods presented:

	Three Months Ended September 30, 2023
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	40,837	$	28,328	$	6,739	$	13,616	$	13,418	$	2,819	$	105,757
Provision for credit losses on loans(1)	(1,081)		6,068		93		(15)		896		198		6,159
Charge-offs	—		(3,033)		—		(590)		(107)		(347)		(4,077)
Recoveries	1		161		—		90		42		73		367
Net Recoveries/(Charge-offs)	1		(2,872)		—		(500)		(65)		(274)		(3,710)
Balance at End of Period	$	39,757	$	31,524	$	6,832	$	13,101	$	14,249	$	2,743	$	108,206
(1) Excludes the provision for credits losses for unfunded commitments.

	Three Months Ended September 30, 2022
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	45,314	$	21,516	$	6,583	$	12,157	$	9,673	$	2,842	$	98,085
Provision for credit losses on loans(1)	(2,997)		3,806		(1,159)		950		1,075		634		2,309
Charge-offs	(628)		—		—		(178)		(161)		(272)		(1,239)
Recoveries	145		6		—		242		39		97		529
Net (Charge-offs)/Recoveries	(483)		6		—		64		(122)		(175)		(710)
Balance at End of Period	$	41,834	$	25,338	$	5,424	$	13,171	$	10,626	$	3,301	$	99,694
(1) Excludes the provision for credit losses for unfunded commitments.

	Nine Months Ended September 30, 2023
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	41,428	$	25,710	$	6,264	$	12,547	$	12,105	$	3,286	$	101,340
Impact of ASU 2022-02	—		75		215		251		278		(251)		568
Provision for credit losses on loans(1)	(2,636)		14,424		351		1,325		1,934		462		15,860
Charge-offs	—		(18,253)		—		(1,252)		(224)		(1,029)		(20,758)
Recoveries	965		9,568		2		230		156		275		11,196
Net Recoveries/(Charge-offs)	965		(8,685)		2		(1,022)		(68)		(754)		(9,562)
Balance at End of Period	$	39,757	$	31,524	$	6,832	$	13,101	$	14,249	$	2,743	$	108,206
(1) Excludes the provision for credits losses for unfunded commitments.

	Nine Months Ended September 30, 2022
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	50,700	$	19,727	$	5,355	$	11,338	$	8,733	$	2,723	$	98,576
Provision for credit losses on loans(1)	(8,471)		4,573		68		3,158		2,083		1,393		2,804
Charge-offs	(827)		(5,797)		—		(1,924)		(299)		(1,052)		(9,899)
Recoveries	432		6,835		1		599		109		237		8,213
Net (Charge-offs)/Recoveries	(395)		1,038		1		(1,325)		(190)		(815)		(1,686)
Balance at End of Period	$	41,834	$	25,338	$	5,424	$	13,171	$	10,626	$	3,301	$	99,694
(1) Excludes the provision for credits losses for unfunded commitments.