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Loans Loans (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Receivables [Abstract]      
Loan composition The period end loan composition was as follows:
($ in thousands)Mar 31, 2023Dec 31, 2022
Asset-based lending & equipment finance$522,834 $458,887 
Commercial and industrial9,346,947 9,300,567 
Commercial real estate — owner occupied1,050,236 991,722 
Commercial and business lending10,920,017 10,751,176 
Commercial real estate — investor5,094,249 5,080,344 
Real estate construction2,147,070 2,155,222 
Commercial real estate lending7,241,318 7,235,565 
Total commercial18,161,335 17,986,742 
Residential mortgage8,605,164 8,511,550 
Auto finance1,551,538 1,382,073 
Home equity609,787 624,353 
Other consumer279,248 294,851 
Total consumer11,045,737 10,812,828 
Total loans$29,207,072 $28,799,569 
    
Loans, Credit Quality Indicator by Vintage Year The following table presents loans by credit quality indicator by origination year at March 31, 2023:
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Asset-based lending & equipment finance:
Risk rating:
Pass$— $60,256 $55,535 $262,074 $125,609 $1,420 $543 $— $505,437 
Potential Problem— — — 1,396 — 16,000 — — 17,396 
Asset-based lending & equipment finance$— $60,256 $55,535 $263,471 $125,609 $17,420 $543 $— $522,834 
Commercial and industrial:
Risk rating:
Pass$71 $2,003,455 $332,572 $2,872,816 $2,101,488 $467,455 $558,852 $685,216 $9,021,853 
Special Mention— 86,593 — 30,540 31,161 2,913 — 33,501 184,709 
Potential Problem128 39,951 6,145 34,388 27,494 4,675 132 4,865 117,650 
Nonaccrual9,500 — — 4,707 9,500 8,528 — — 22,735 
Commercial and industrial$9,698 $2,130,000 $338,716 $2,942,451 $2,169,643 $483,571 $558,983 $723,583 $9,346,947 
Commercial real estate - owner occupied:
Risk rating:
Pass$— $22,344 $87,095 $205,922 $234,300 $150,009 $152,649 $151,106 $1,003,424 
Special Mention— — — — — 3,483 9,500 274 13,257 
Potential Problem— — 2,812 877 11,651 4,064 518 12,156 32,077 
Nonaccrual8 — 8 1,470 — — — — 1,478 
Commercial real estate - owner occupied$8 $22,344 $89,914 $208,269 $245,950 $157,555 $162,667 $163,536 $1,050,236 
Commercial and business lending:
Risk rating:
Pass$71 $2,086,055 $475,201 $3,340,812 $2,461,397 $618,883 $712,044 $836,323 $10,530,715 
Special Mention— 86,593 — 30,540 31,161 6,396 9,500 33,775 197,965 
Potential Problem128 39,951 8,956 36,661 39,145 24,739 649 17,021 167,124 
Nonaccrual9,508 — 8 6,177 9,500 8,528 — — 24,213 
Commercial and business lending$9,707 $2,212,600 $484,166 $3,414,190 $2,541,203 $658,546 $722,194 $887,119 $10,920,017 
Commercial real estate - investor:
Risk rating:
Pass$— $118,873 $324,298 $1,506,258 $1,375,935 $612,765 $489,024 $411,246 $4,838,398 
Special Mention— — 18,454 92,149 22,247 8,225 — — 141,075 
Potential Problem— — 24,803 22,047 22,209 — 1,019 19,575 89,653 
Nonaccrual— — — — 24,855 — — 267 25,122 
Commercial real estate - investor$— $118,873 $367,555 $1,620,454 $1,445,246 $620,991 $490,042 $431,088 $5,094,249 
Real estate construction:
Risk rating:
Pass$— $29,616 $34,604 $1,025,918 $812,505 $197,722 $7,510 $11,059 $2,118,934 
Special Mention— — — — — 12,308 15,651 — 27,958 
Nonaccrual— — — — — — — 178 178 
Real estate construction$— $29,616 $34,604 $1,025,918 $812,505 $210,030 $23,160 $11,237 $2,147,070 
Commercial real estate lending:
Risk rating:
Pass$— $148,489 $358,901 $2,532,176 $2,188,440 $810,487 $496,533 $422,305 $6,957,332 
Special Mention— — 18,454 92,149 22,247 20,533 15,651 — 169,033 
Potential Problem— — 24,803 22,047 22,209 — 1,019 19,575 89,653 
Nonaccrual— — — — 24,855 — — 445 25,300 
Commercial real estate lending$— $148,489 $402,159 $2,646,372 $2,257,752 $831,020 $513,203 $442,325 $7,241,318 
Total commercial:
Risk rating:
Pass$71 $2,234,544 $834,103 $5,872,988 $4,649,837 $1,429,370 $1,208,578 $1,258,628 $17,488,047 
Special Mention— 86,593 18,454 122,689 53,408 26,929 25,151 33,775 366,999 
Potential Problem128 39,951 33,760 58,708 61,354 24,739 1,668 36,596 256,776 
Nonaccrual9,508 — 8 6,177 34,355 8,528 — 445 49,513 
Total commercial$9,707 $2,361,089 $886,324 $6,060,562 $4,798,955 $1,489,566 $1,235,396 $1,329,444 $18,161,335 
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Residential mortgage:
Risk rating:
Pass$— $— $85,201 $1,490,848 $2,221,515 $1,687,853 $798,205 $2,261,293 $8,544,915 
Special Mention— — 91 — — 95 — 105 291 
Potential Problem— — 45 216 548 — 551 323 1,684 
Nonaccrual— — 279 7,384 4,101 8,394 4,356 33,760 58,274 
Residential mortgage$— $— $85,616 $1,498,448 $2,226,164 $1,696,342 $803,113 $2,295,481 $8,605,164 
Auto finance:
Risk rating:
Pass$— $— $239,138 $1,208,658 $98,290 $299 $1,020 $388 $1,547,793 
Special Mention— — — 1,168 141 — — — 1,310 
Nonaccrual— — — 1,952 474 — 9 — 2,436 
Auto finance$— $— $239,138 $1,211,778 $98,906 $299 $1,029 $388 $1,551,538 
Home equity:
Risk rating:
Pass$2,173 $495,755 $230 $31,083 $6,835 $2,243 $5,732 $59,670 $601,549 
Special Mention18 124 — — — — 29 594 747 
Potential Problem14 — 14 196 — — 34 — 244 
Nonaccrual388 20 — 303 106 131 252 6,434 7,246 
Home equity$2,592 $495,900 $244 $31,583 $6,941 $2,374 $6,047 $66,698 $609,787 
Other consumer:
Risk rating:
Pass$90 $190,219 $1,860 $5,279 $4,017 $1,922 $849 $74,324 $278,471 
Special Mention1 617 — 13 11 3 10 23 676 
Nonaccrual— 44 — — 7 6 6 36 100 
Other consumer$91 $190,881 $1,860 $5,292 $4,035 $1,930 $866 $74,384 $279,248 
Total consumer:
Risk rating:
Pass$2,263 $685,974 $326,429 $2,735,869 $2,330,657 $1,692,318 $805,806 $2,395,676 $10,972,729 
Special Mention19 742 91 1,181 152 98 39 722 3,024 
Potential Problem14 — 59 413 548 — 585 323 1,928 
Nonaccrual388 65 279 9,639 4,688 8,530 4,624 40,231 68,056 
Total consumer$2,683 $686,781 $326,858 $2,747,101 $2,336,046 $1,700,946 $811,054 $2,436,951 $11,045,737 
Total loans:
Risk rating:
Pass$2,334 $2,920,518 $1,160,532 $8,608,857 $6,980,494 $3,121,688 $2,014,384 $3,654,303 $28,460,776 
Special Mention19 87,335 18,545 123,869 53,560 27,027 25,189 34,497 370,023 
Potential Problem141 39,951 33,818 59,120 61,903 24,739 2,253 36,919 258,704 
Nonaccrual9,896 65 287 15,816 39,044 17,058 4,624 40,675 117,569 
Total loans$12,390 $3,047,870 $1,213,182 $8,807,663 $7,135,000 $3,190,512 $2,046,450 $3,766,395 $29,207,072 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents loans by credit quality indicator by origination year at December 31, 2022:
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost Basis20222021202020192018PriorTotal
Asset-based lending & equipment finance:
Risk rating:
Pass$— $47,446 $269,258 $121,914 $1,832 $653 $85 $— $441,189 
Potential Problem— — 1,448 — 16,250 — — — 17,698 
Asset-based lending & equipment finance:$— $47,446 $270,706 $121,914 $18,082 $653 $85 $— $458,887 
Commercial and industrial:
Risk rating:
Pass$1,423 $1,891,331 $2,976,288 $2,245,094 $566,001 $572,467 $330,557 $432,906 $9,014,644 
Special Mention— 93,209 3,411 23,607 — — 19 32,497 152,744 
Potential Problem447 24,549 39,952 4,193 5,637 38,169 218 6,133 118,851 
Nonaccrual3,926 — 5,210 — 9,119 — — — 14,329 
Commercial and industrial$5,796 $2,009,089 $3,024,861 $2,272,895 $580,757 $610,636 $330,794 $471,535 $9,300,567 
Commercial real estate - owner occupied:
Risk rating:
Pass$— $12,447 $211,645 $225,627 $163,965 $160,370 $73,487 $97,420 $944,961 
Special Mention— — — — 1,136 1,491 9,713 — 12,339 
Potential Problem— 1,325 1,238 11,141 5,523 10,769 370 4,055 34,422 
Commercial real estate - owner occupied$— $13,772 $212,883 $236,769 $170,624 $172,630 $83,570 $101,475 $991,722 
Commercial and business lending:
Risk rating:
Pass$1,423 $1,951,224 $3,457,191 $2,592,636 $731,798 $733,490 $404,129 $530,326 $10,400,794 
Special Mention— 93,209 3,411 23,607 1,136 1,491 9,732 32,497 165,083 
Potential Problem447 25,874 42,638 15,335 27,410 48,938 589 10,188 170,971 
Nonaccrual3,926 — 5,210 — 9,119 — — — 14,329 
Commercial and business lending$5,796 $2,070,307 $3,508,450 $2,631,578 $769,463 $783,919 $414,449 $573,010 $10,751,176 
Commercial real estate - investor:
Risk rating:
Pass$38,412 $106,280 $1,633,094 $1,419,000 $683,121 $530,444 $262,858 $210,299 $4,845,096 
Special Mention— — 61,968 24,149 7,361 9,400 — 10,455 113,333 
Potential Problem— — 16,147 21,303 27,635 1,333 19,017 7,099 92,535 
Nonaccrual— — 2,177 25,668 — — — 1,535 29,380 
Commercial real estate - investor$38,412 $106,280 $1,713,387 $1,490,120 $718,117 $541,177 $281,875 $229,387 $5,080,344 
Real estate construction:
Risk rating:
Pass$— $29,892 $900,593 $913,107 $241,230 $12,062 $2,226 $9,775 $2,108,885 
Special Mention— — — — 12,174 33,087 — — 45,261 
Potential Problem— — — — 970 — — — 970 
Nonaccrual— — — — — — — 105 105 
Real estate construction$— $29,892 $900,593 $913,107 $254,374 $45,149 $2,226 $9,880 $2,155,222 
Commercial real estate lending:
Risk rating:
Pass$38,412 $136,173 $2,533,687 $2,332,107 $924,351 $542,505 $265,083 $220,073 $6,953,981 
Special Mention— — 61,968 24,149 19,535 42,487 — 10,455 158,595 
Potential Problem— — 16,147 21,303 28,605 1,333 19,017 7,099 93,505 
Nonaccrual— — 2,177 25,668 — — — 1,640 29,485 
Commercial real estate lending$38,412 $136,173 $2,613,980 $2,403,227 $972,492 $586,326 $284,101 $239,267 $7,235,565 
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost Basis20222021202020192018PriorTotal
Total commercial:
Risk rating:
Pass$39,835 $2,087,396 $5,990,879 $4,924,743 $1,656,149 $1,275,996 $669,213 $750,399 $17,354,774 
Special Mention— 93,209 65,379 47,756 20,671 43,978 9,732 42,952 323,677 
Potential Problem447 25,874 58,785 36,638 56,016 50,271 19,606 17,287 264,476 
Nonaccrual3,926 — 7,387 25,668 9,119 — — 1,640 43,814 
Total commercial$44,208 $2,206,480 $6,122,430 $5,034,805 $1,741,955 $1,370,245 $698,550 $812,278 $17,986,742 
Residential mortgage:
Risk rating:
Pass$— $— $1,410,566 $2,184,125 $1,716,663 $817,164 $370,724 $1,951,406 $8,450,648 
Special Mention— — — 284 96 — — 63 444 
Potential Problem— — 455 71 — 738 29 685 1,978 
Nonaccrual— — 8,506 3,851 6,219 3,744 5,014 31,145 58,480 
Residential mortgage$— $— $1,419,527 $2,188,332 $1,722,979 $821,645 $375,768 $1,983,299 $8,511,550 
Auto finance:
Risk rating:
Pass$— $— $1,271,205 $106,102 $333 $1,267 $446 $61 $1,379,414 
Special Mention— — 1,052 118 — — — — 1,170 
Nonaccrual— — 1,149 331 — 9 — — 1,490 
Auto finance$— $— $1,273,406 $106,551 $333 $1,276 $446 $61 $1,382,073 
Home equity:
Risk rating:
Pass$7,254 $508,212 $31,389 $6,508 $2,112 $6,197 $6,966 $54,827 $616,211 
Special Mention47 102 — — — — 47 310 458 
Potential Problem— 15 — — — 34 2 146 197 
Nonaccrual1,590 — 306 102 131 307 319 6,322 7,487 
Home equity$8,891 $508,329 $31,695 $6,610 $2,243 $6,538 $7,333 $61,605 $624,353 
Other consumer:
Risk rating:
Pass$64 $199,942 $7,429 $5,256 $2,468 $1,238 $174 $77,611 $294,117 
Special Mention6 490 11 — 5 5 — 25 537 
Nonaccrual78 56 11 21 10 56 10 34 197 
Other consumer$147 $200,488 $7,452 $5,276 $2,482 $1,300 $184 $77,670 $294,851 
Total consumer:
Risk rating:
Pass$7,318 $708,154 $2,720,589 $2,301,991 $1,721,576 $825,866 $378,310 $2,083,904 $10,740,390 
Special Mention52 592 1,063 403 101 5 47 398 2,609 
Potential Problem— 15 455 71 — 772 31 831 2,175 
Nonaccrual1,668 56 9,973 4,304 6,360 4,116 5,343 37,501 67,654 
Total consumer$9,038 $708,817 $2,732,080 $2,306,769 $1,728,037 $830,759 $383,731 $2,122,635 $10,812,828 
Total loans:
Risk rating:
Pass$47,152 $2,795,551 $8,711,468 $7,226,734 $3,377,725 $2,101,861 $1,047,522 $2,834,303 $28,095,164 
Special Mention52 93,801 66,443 48,159 20,772 43,983 9,778 43,350 326,286 
Potential Problem447 25,889 59,240 36,709 56,016 51,043 19,637 18,118 266,651 
Nonaccrual5,595 56 17,360 29,972 15,479 4,116 5,343 39,141 111,467 
Total loans$53,246 $2,915,297 $8,854,510 $7,341,574 $3,469,992 $2,201,004 $1,082,280 $2,934,912 $28,799,569 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents gross charge offs by origination year at March 31, 2023:
Gross Charge Offs by Origination Year
($ in thousands)Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Commercial and industrial$823 $— $— $— $— $— $2,152 $2,975 
Commercial and business lending823 — — — — — 2,152 2,975 
Total commercial823 — — — — — 2,152 2,975 
Residential mortgage— — 107 19 8 2 32 168 
Auto finance— — 922 181 — — — 1,103 
Home equity— — 43 14 — 22 33 111 
Other consumer916 — 117 49 9 5 48 1,144 
Total consumer916 — 1,189 263 17 29 112 2,525 
Total gross charge offs$1,739 $— $1,189 $263 $17 $29 $2,264 $5,501 
    
Loans, Past Due Status
The following table presents loans by past due status at March 31, 2023:
Accruing
($ in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due
Nonaccrual(a)(b)
Total
Asset-based lending & equipment finance$522,834 $— $— $— $— $522,834 
Commercial and industrial9,319,650 4,110 130 323 22,735 9,346,947 
Commercial real estate - owner occupied1,045,803 2,955 — — 1,478 1,050,236 
Commercial and business lending10,888,287 7,065 130 323 24,213 10,920,017 
Commercial real estate - investor5,069,126 — — — 25,122 5,094,249 
Real estate construction2,146,892 — — — 178 2,147,070 
Commercial real estate lending7,216,018 — — — 25,300 7,241,318 
Total commercial18,104,305 7,065 130 323 49,513 18,161,335 
Residential mortgage8,539,264 7,430 196 — 58,274 8,605,164 
Auto finance1,540,463 7,330 1,310 — 2,436 1,551,538 
Home equity598,427 3,366 747 — 7,246 609,787 
Other consumer276,045 976 747 1,380 100 279,248 
Total consumer10,954,199 19,102 3,000 1,380 68,056 11,045,737 
Total loans$29,058,504 $26,167 $3,130 $1,703 $117,569 $29,207,072 
(a) Of the total nonaccrual loans, $78 million, or 66%, were current with respect to payment at March 31, 2023.
(b) No interest income was recognized on nonaccrual loans for the three months ended March 31, 2023. In addition, there were $15 million of nonaccrual loans for which there was no related ACLL at March 31, 2023.
The following table presents loans by past due status at December 31, 2022:
Accruing
($ in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		90+ Days 
Past Due
Nonaccrual(a)(b)
Total
Asset-based lending & equipment finance$458,887 $— $— $— $— $458,887 
Commercial and industrial9,279,674 716 5,566 282 14,329 9,300,567 
Commercial real estate - owner occupied991,493 218 12 — — 991,722 
Commercial and business lending10,730,053 934 5,578 282 14,329 10,751,176 
Commercial real estate - investor5,049,897 1,067 — — 29,380 5,080,344 
Real estate construction2,155,077 39 — — 105 2,155,222 
Commercial real estate lending7,204,975 1,105 — — 29,485 7,235,565 
Total commercial17,935,028 2,040 5,578 282 43,814 17,986,742 
Residential mortgage8,443,072 9,811 63 124 58,480 8,511,550 
Auto finance1,371,176 8,238 1,170 — 1,490 1,382,073 
Home equity611,259 5,149 458 — 7,487 624,353 
Other consumer291,722 1,018 592 1,322 197 294,851 
Total consumer10,717,229 24,216 2,283 1,446 67,654 10,812,828 
Total loans$28,652,257 $26,256 $7,861 $1,728 $111,467 $28,799,569 
(a) Of the total nonaccrual loans, $64 million, or 58%, were current with respect to payment at December 31, 2022.
(b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2022. In addition, there were $11 million of nonaccrual loans for which there was no related ACLL at December 31, 2022.
    
Loans, Modifications
The following tables show the composition of loan modifications made to borrowers experiencing financial difficulty by the loan portfolio and type of concessions granted during the three months ended March 31, 2023. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at March 31, 2023.
Interest Rate Concession
($ in thousands)Amortized Cost
Commercial and industrial$47 
Auto61 
Home equity31 
Other consumer498 
Total loans modified$637 
Term Extension
($ in thousands)Amortized Cost
Residential mortgage$209 
Total loans modified$209 
Combination - Interest Rate Concession and Term Extension
($ in thousands)Amortized Cost
Residential mortgage$165 
Home equity93 
Total loans modified$258 
The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans as of March 31, 2023:
Interest Rate Concession
Loan Type
Financial Effect, Weighted Average Contractual Interest Rate (Decrease) Increase(a)
Commercial and industrial(16)%
Auto(2)%
Home equity1 %
Other consumer(20)%
Total loans modified(b)
(17)%
(a) Due to market conditions, some interest rate concessions on floating rate loans may involve an increase in rate that was lower in comparison to the rate of increase for floating rate loans not modified.
(b) During the three months ended March 31, 2023, interest rate concessions changed the weighted average interest rate on modified loans from 22% to 5%, which primarily consisted of credit cards.
Term Extension
Loan Type
Financial Effect, Weighted Average Term Increase(a)
Residential mortgage26 months
Total loans modified26 months
(a) During the three months ended March 31, 2023, term extensions changed the weighted average term on modified loans from 334 months to 360 months.
    
Loans, Modifications in Last 12 Months, Performance The following table depicts the performance of loans that have been modified in the last three months at March 31, 2023:
Payment Status (Amortized Cost Basis)
($ in thousands)Current30-89 Days Past Due90+ Days Past DueNonaccrual
Commercial and industrial$47 $— $— $— 
Residential mortgage126 — — 248 
Auto61 — — — 
Home equity31 — — 93 
Other consumer498 — — — 
Total loans modified$763 $— $— $341 
    
Loans, Modified, Subsequent Default The following table provides the amortized cost of loan modifications by loan portfolio and type of concession that were modified in the previous three months and subsequently had a payment default, as of March 31, 2023:
Amortized Cost of Loan Modifications that Subsequently Defaulted
($ in thousands)Interest Rate ConcessionTerm ExtensionCombination Interest Rate Reduction and Term Extension
Home equity$— $— $60 
    
Loans, Troubled Debt Restructurings, Performance and Nonaccrual     The following table presents nonaccrual and performing restructured loans by loan portfolio at December 31, 2022:
 ($ in thousands)Performing Restructured Loans
Nonaccrual Restructured Loans(a)
Commercial and industrial$12,453 $— 
Commercial real estate — owner occupied316 — 
Commercial real estate — investor128 2,074 
Real estate construction195 9 
Residential mortgage16,829 17,117 
Home equity2,148 927 
Other consumer798 — 
   Total restructured loans$32,868 $20,127 
(a) Nonaccrual restructured loans have been included within nonaccrual loans.
Loans, Troubled Debt Restructuring, Summary   The following table provides the number of loans modified in a TDR by loan portfolio, the recorded investment, and unpaid principal balance for the three months ended March 31, 2022:
 ($ in thousands)Number of Loans
Recorded Investment(a)
Unpaid Principal Balance(b)
Residential mortgage24 $6,421 $6,502 
Home equity3 80 101 
   Total loans modified 27 $6,500 $6,603 
(a) Represents post-modification outstanding recorded investment.
(b) Represents pre-modification outstanding recorded investment. 		 
Loans, Troubled Debt Restructurings, Subsequent Default  
The following table provides the number of loans modified during the previous twelve months which subsequently defaulted during the three months ended March 31, 2022, and the recorded investment in these restructured loans at the time of default as of March 31, 2022:
 Three Months Ended March 31, 2022
 ($ in thousands)Number of
Loans		Recorded
Investment
Residential mortgage1 $884 
  
Loans, Changes in AFLL by Portfolio Segment The following table presents a summary of the changes in the ACLL by portfolio segment for the three months ended March 31, 2023:
($ in thousands)Dec 31, 2022Charge offsRecoveriesNet Charge offsProvision for credit lossesMar 31, 2023ACLL / Loans
Allowance for loan losses
Asset-based lending & equipment finance$6,564 $— $— $— $2 $6,566 
Commercial and industrial112,512 (2,975)1,216 (1,759)6,930 117,683 
Commercial real estate — owner occupied9,475 — 3 3 785 10,263 
Commercial and business lending128,551 (2,975)1,219 (1,756)7,717 134,512 
Commercial real estate — investor54,398 — — — 412 54,809 
Real estate construction45,589 — 18 18 3,946 49,552 
Commercial real estate lending99,986 — 18 18 4,357 104,362 
Total commercial228,538 (2,975)1,237 (1,738)12,075 238,874 
Residential mortgage38,298 (168)114 (53)851 39,096 
Auto finance19,619 (1,103)147 (957)3,531 22,193 
Home equity14,875 (111)451 340 (442)14,774 
Other consumer11,390 (1,144)263 (881)986 11,495 
Total consumer84,182 (2,525)975 (1,550)4,925 87,557 
Total loans$312,720 $(5,501)$2,212 $(3,289)$17,000 $326,432 
Allowance for unfunded commitments
Asset-based lending & equipment finance$601 $— $— $— $(103)$498 
Commercial and industrial12,396 — — — (123)12,273 
Commercial real estate — owner occupied103 — — — 146 249 
Commercial and business lending13,101 — — — (80)13,020 
Commercial real estate — investor710 — — — 159 868 
Real estate construction20,583 — — — 963 21,546 
Commercial real estate lending21,292 — — — 1,122 22,414 
Total commercial34,393 — — — 1,041 35,435 
Home equity2,699 — — — (8)2,691 
Other consumer1,683 — — — (34)1,650 
Total consumer4,382 — — — (41)4,341 
Total loans$38,776 $— $— $— $1,000 $39,776 
Allowance for credit losses on loans
Asset-based lending & equipment finance$7,165 $— $— $— $(102)$7,063 1.35 %
Commercial and industrial124,908 (2,975)1,216 (1,759)6,808 129,957 1.39 %
Commercial real estate — owner occupied9,579 — 3 3 931 10,513 1.00 %
Commercial and business lending141,652 (2,975)1,219 (1,756)7,637 147,533 1.35 %
Commercial real estate — investor55,108 — — — 570 55,678 1.09 %
Real estate construction66,171 — 18 18 4,909 71,098 3.31 %
Commercial real estate lending121,279 — 18 18 5,479 126,776 1.75 %
Total commercial262,931 (2,975)1,237 (1,738)13,116 274,309 1.51 %
Residential mortgage38,298 (168)114 (53)851 39,096 0.45 %
Auto finance19,619 (1,103)147 (957)3,531 22,193 1.43 %
Home equity17,574 (111)451 340 (449)17,465 2.86 %
Other consumer13,073 (1,144)263 (881)952 13,145 4.71 %
Total consumer88,565 (2,525)975 (1,550)4,884 91,898 0.83 %
Total loans$351,496 $(5,501)$2,212 $(3,289)$18,000 $366,208 1.25 %
The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2022:
($ in thousands)Dec 31, 2021Charge offsRecoveriesNet Charge offsProvision for credit lossesDec 31, 2022ACLL / Loans
Allowance for loan losses
Asset-based lending & equipment finance$4,182 $— $— $— $2,382 $6,564 
Commercial and industrial85,675 (4,491)5,282 791 26,047 112,512 
Commercial real estate — owner occupied11,473 — 13 13 (2,011)9,475 
Commercial and business lending101,330 (4,491)5,295 804 26,418 128,551 
Commercial real estate — investor72,803 (50)50 — (18,405)54,398 
Real estate construction37,643 (48)106 58 7,887 45,589 
Commercial real estate lending110,446 (98)156 58 (10,518)99,986 
Total commercial211,776 (4,588)5,451 862 15,900 228,538 
Residential mortgage40,787 (567)908 341 (2,830)38,298 
Auto finance1,999 (1,041)98 (943)18,563 19,619 
Home equity14,011 (587)1,385 798 66 14,875 
Other consumer11,441 (3,363)1,010 (2,353)2,301 11,390 
Total consumer68,239 (5,558)3,401 (2,157)18,100 84,182 
Total loans$280,015 $(10,146)$8,852 $(1,294)$34,000 $312,720 
Allowance for unfunded commitments
Asset-based lending & equipment finance$857 $— $— $— $(256)$601 
Commercial and industrial17,601 — — — (5,205)12,396 
Commercial real estate — owner occupied208 — — — (105)103 
Commercial and business lending18,667 — — — (5,566)13,101 
Commercial real estate — investor936 — — — (226)710 
Real estate construction15,586 — — — 4,997 20,583 
Commercial real estate lending16,522 — — — 4,770 21,292 
Total commercial35,189 — — — (796)34,393 
Home equity2,592 — — — 107 2,699 
Other consumer1,995 — — — (311)1,683 
Total consumer4,587 — — — (204)4,382 
Total loans$39,776 $— $— $— $(1,000)$38,776 
Allowance for credit losses on loans
Asset-based lending & equipment finance$5,040 $— $— $— $2,125 $7,165 1.56 %
Commercial and industrial103,276 (4,491)5,282 791 20,842 124,908 1.34 %
Commercial real estate — owner occupied11,681 — 13 13 (2,115)9,579 0.97 %
Commercial and business lending119,997 (4,491)5,295 804 20,852 141,652 1.32 %
Commercial real estate — investor73,739 (50)50 — (18,631)55,108 1.08 %
Real estate construction53,229 (48)106 58 12,884 66,171 3.07 %
Commercial real estate lending126,968 (98)156 58 (5,748)121,279 1.68 %
Total commercial246,965 (4,588)5,451 862 15,104 262,931 1.46 %
Residential mortgage40,787 (567)908 341 (2,830)38,298 0.45 %
Auto finance1,999 (1,041)98 (943)18,563 19,619 1.42 %
Home equity16,603 (587)1,385 798 173 17,574 2.81 %
Other consumer13,436 (3,363)1,010 (2,353)1,990 13,073 4.43 %
Total consumer72,825 (5,558)3,401 (2,157)17,896 88,565 0.82 %
Total loans$319,791 $(10,146)$8,852 $(1,294)$33,000 $351,496 1.22 %