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Loans Loans (Tables)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Receivables [Abstract]    
Loan composition The period end loan composition was as follows:
($ in thousands)Jun 30, 2023Dec 31, 2022
Commercial and industrial$10,055,487 $9,759,454 
Commercial real estate — owner occupied1,058,237 991,722 
Commercial and business lending11,113,724 10,751,176 
Commercial real estate — investor5,312,928 5,080,344 
Real estate construction2,009,060 2,155,222 
Commercial real estate lending7,321,988 7,235,565 
Total commercial18,435,711 17,986,742 
Residential mortgage8,746,345 8,511,550 
Auto finance1,777,974 1,382,073 
Home equity615,506 624,353 
Other consumer273,367 294,851 
Total consumer11,413,193 10,812,828 
Total loans$29,848,904 $28,799,569 
  
Loans, Credit Quality Indicator by Vintage Year The following table presents loans by credit quality indicator by origination year at June 30, 2023:
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Commercial and industrial:
Risk rating:
Pass$375 $2,016,151 $894,287 $3,101,942 $2,118,259 $450,305 $489,900 $617,543 $9,688,387 
Special mention57 44,943 57 35,706 9,319 6,240 — 30,700 126,964 
Potential problem642 89,637 873 19,850 73,809 20,187 91 781 205,228 
Nonaccrual10,583 — 3,230 16,863 6,457 8,357 — — 34,907 
Commercial and industrial$11,657 $2,150,731 $898,447 $3,174,361 $2,207,845 $485,088 $489,991 $649,023 $10,055,487 
Commercial real estate - owner occupied:
Risk rating:
Pass$— $19,693 $132,242 $209,736 $230,821 $147,000 $147,706 $127,909 $1,015,108 
Special mention— 579 — — — 3,434 8,276 — 12,289 
Potential problem— — 2,656 864 9,052 4,002 500 12,322 29,396 
Nonaccrual— — 1,444 — — — — — 1,444 
Commercial real estate - owner occupied$— $20,272 $136,342 $210,600 $239,873 $154,436 $156,482 $140,231 $1,058,237 
Commercial and business lending:
Risk rating:
Pass$375 $2,035,845 $1,026,529 $3,311,678 $2,349,081 $597,305 $637,606 $745,452 $10,703,495 
Special mention57 45,522 57 35,706 9,319 9,673 8,276 30,700 139,253 
Potential problem642 89,637 3,528 20,714 82,861 24,190 592 13,103 234,624 
Nonaccrual10,583 — 4,675 16,863 6,457 8,357 — — 36,352 
Commercial and business lending$11,657 $2,171,004 $1,034,789 $3,384,961 $2,447,717 $639,524 $646,474 $789,254 $11,113,724 
Commercial real estate - investor:
Risk rating:
Pass$— $131,996 $610,875 $1,549,321 $1,339,075 $637,693 $435,601 $386,283 $5,090,844 
Special mention— — 15,259 52,277 25,817 — — — 93,353 
Potential problem— — 24,842 21,538 31,398 8,225 1,008 19,650 106,662 
Nonaccrual— — — — 21,801 — — 267 22,068 
Commercial real estate - investor$— $131,996 $650,976 $1,623,135 $1,418,092 $645,919 $436,609 $406,200 $5,312,928 
Real estate construction:
Risk rating:
Pass$— $30,596 $107,275 $1,037,825 $680,661 $123,350 $6,947 $9,974 $1,996,627 
Special mention— — — — — 12,308 — — 12,308 
Nonaccrual— — — — — — — 125 125 
Real estate construction$— $30,596 $107,275 $1,037,825 $680,661 $135,658 $6,947 $10,099 $2,009,060 
Commercial real estate lending:
Risk rating:
Pass$— $162,592 $718,150 $2,587,145 $2,019,736 $761,044 $442,548 $396,257 $7,087,472 
Special mention— — 15,259 52,277 25,817 12,308 — — 105,661 
Potential problem— — 24,842 21,538 31,398 8,225 1,008 19,650 106,662 
Nonaccrual— — — — 21,801 — — 392 22,193 
Commercial real estate lending$— $162,592 $758,251 $2,660,960 $2,098,753 $781,577 $443,556 $416,299 $7,321,988 
Total commercial:
Risk rating:
Pass$375 $2,198,437 $1,744,679 $5,898,823 $4,368,817 $1,358,348 $1,080,154 $1,141,709 $17,790,967 
Special mention57 45,522 15,316 87,983 35,136 21,981 8,276 30,700 244,914 
Potential problem642 89,637 28,370 42,252 114,259 32,415 1,600 32,753 341,286 
Nonaccrual10,583 — 4,675 16,863 28,258 8,357 — 392 58,544 
Total commercial$11,657 $2,333,596 $1,793,040 $6,045,921 $4,546,470 $1,421,101 $1,090,030 $1,205,553 $18,435,711 
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Residential mortgage:
Risk rating:
Pass$— $— $224,502 $1,629,017 $2,226,398 $1,651,621 $766,715 $2,184,280 $8,682,533 
Special mention— — — — 278 — — 170 448 
Potential problem— — 109 173 613 — 547 205 1,646 
Nonaccrual— — 605 6,204 4,738 8,236 6,424 35,511 61,718 
Residential mortgage$— $— $225,216 $1,635,393 $2,232,027 $1,659,856 $773,686 $2,220,166 $8,746,345 
Auto finance:
Risk rating:
Pass$— $— $565,583 $1,115,791 $90,632 $240 $778 $289 $1,773,314 
Special mention— — 181 1,330 84 — — — 1,596 
Nonaccrual— — 44 2,323 689 — 9 — 3,065 
Auto finance$— $— $565,808 $1,119,445 $91,405 $240 $787 $289 $1,777,974 
Home equity:
Risk rating:
Pass$4,681 $504,626 $365 $30,687 $6,819 $2,220 $5,351 $56,666 $606,734 
Special mention276 94 — — — 99 — 552 744 
Potential problem13 — 13 194 — — 34 — 240 
Nonaccrual457 113 — 353 106 119 295 6,802 7,788 
Home equity$5,426 $504,833 $377 $31,234 $6,925 $2,438 $5,680 $64,020 $615,506 
Other consumer:
Risk rating:
Pass$198 $187,462 $3,950 $4,696 $3,424 $1,690 $704 $70,631 $272,559 
Special mention25 547 — 28 2 33 — 36 646 
Nonaccrual23 46 — 10 25 6 12 64 163 
Other consumer$246 $188,055 $3,950 $4,734 $3,451 $1,729 $717 $70,732 $273,367 
Total consumer:
Risk rating:
Pass$4,879 $692,088 $794,400 $2,780,192 $2,327,273 $1,655,771 $773,549 $2,311,866 $11,335,139 
Special mention301 640 181 1,358 364 131 — 758 3,434 
Potential problem13 — 122 367 613 — 580 205 1,886 
Nonaccrual480 159 649 8,890 5,557 8,360 6,741 42,378 72,733 
Total consumer$5,673 $692,887 $795,352 $2,790,806 $2,333,808 $1,664,262 $780,870 $2,355,207 $11,413,193 
Total loans:
Risk rating:
Pass$5,254 $2,890,525 $2,539,079 $8,679,015 $6,696,090 $3,014,119 $1,853,703 $3,453,575 $29,126,106 
Special mention357 46,162 15,497 89,341 35,500 22,113 8,276 31,458 248,348 
Potential problem655 89,637 28,492 42,619 114,872 32,415 2,180 32,958 343,173 
Nonaccrual11,063 159 5,324 25,753 33,816 16,717 6,741 42,769 131,278 
Total loans$17,329 $3,026,483 $2,588,392 $8,836,728 $6,880,278 $3,085,363 $1,870,900 $3,560,760 $29,848,904 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents loans by credit quality indicator by origination year at December 31, 2022:
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost Basis20222021202020192018PriorTotal
Commercial and industrial:
Risk rating:
Pass$1,423 $1,938,777 $3,245,546 $2,367,008 $567,833 $573,120 $330,642 $432,906 $9,455,833 
Special mention— 93,209 3,411 23,607 — — 19 32,497 152,744 
Potential problem447 24,549 41,400 4,193 21,887 38,169 218 6,133 136,549 
Nonaccrual3,926 — 5,210 — 9,119 — — — 14,329 
Commercial and industrial$5,796 $2,056,535 $3,295,567 $2,394,809 $598,839 $611,289 $330,879 $471,535 $9,759,454 
Commercial real estate - owner occupied:
Risk rating:
Pass$— $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 $28,799,569 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents gross charge offs by origination year at June 30, 2023:
Gross Charge Offs by Origination Year
($ in thousands)Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Commercial and industrial$1,789 $5,158 $249 $5,140 $— $— $2,152 $14,489 
Commercial and business lending1,789 5,158 249 5,140 — — 2,152 14,489 
Commercial real estate-investor— — — — — — 242 242 
Real estate construction— — — — — — 25 25 
Commercial real estate lending— — — — — — 266 266 
Total commercial1,789 5,158 249 5,140 — — 2,418 14,755 
Residential mortgage— — 128 22 8 7 410 574 
Auto finance— 24 2,048 262 — — — 2,335 
Home equity— — 43 14 — 22 108 186 
Other consumer2,226 — 129 60 12 10 70 2,506 
Total consumer2,226 24 2,348 358 20 39 588 5,601 
Total gross charge offs$4,015 $5,182 $2,597 $5,498 $20 $39 $3,006 $20,356 
  
Loans, Past Due Status
The following table presents loans by past due status at June 30, 2023:
Accruing
($ in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		90+ Days
Past Due
Nonaccrual(a)(b)
Total
Commercial and industrial$10,008,208 $11,837 $168 $366 $34,907 $10,055,487 
Commercial real estate - owner occupied1,055,309 1,484 — — 1,444 1,058,237 
Commercial and business lending11,063,517 13,321 168 366 36,352 11,113,724 
Commercial real estate - investor5,290,860 — — — 22,068 5,312,928 
Real estate construction2,008,859 76 — — 125 2,009,060 
Commercial real estate lending7,299,719 76 — — 22,193 7,321,988 
Total commercial18,363,236 13,396 168 366 58,544 18,435,711 
Residential mortgage8,675,666 8,791 170 — 61,718 8,746,345 
Auto finance1,763,481 9,833 1,596 — 3,065 1,777,974 
Home equity603,688 3,286 744 — 7,788 615,506 
Other consumer269,820 1,279 745 1,360 163 273,367 
Total consumer11,312,656 23,189 3,255 1,360 72,733 11,413,193 
Total loans$29,675,892 $36,585 $3,423 $1,726 $131,278 $29,848,904 
(a) Of the total nonaccrual loans, $77 million, or 58%, were current with respect to payment at June 30, 2023.
(b) No interest income was recognized on nonaccrual loans for the three and six months ended June 30, 2023. In addition, there were $29 million of nonaccrual loans for which there was no related ACLL at June 30, 2023.
The following table presents loans by past due status at December 31, 2022:
Accruing
($ in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		90+ Days 
Past Due
Nonaccrual(a)(b)
Total
Commercial and industrial$9,738,561 $716 $5,566 $282 $14,329 $9,759,454 
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 six months ended June 30, 2023. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at June 30, 2023.
Interest Rate Concession
($ in thousands)Amortized Cost
Commercial and industrial$168 
Auto80 
Home equity78 
Other consumer988 
Total loans modified$1,314 
Term Extension
($ in thousands)Amortized Cost
Residential mortgage$208 
Home equity27 
Total loans modified$235 
Combination - Interest Rate Concession and Term Extension
($ in thousands)Amortized Cost
Residential mortgage$519 
Home equity168 
Total loans modified$687 
The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans as of June 30, 2023:
Interest Rate Concession
Loan Type
Financial Effect, Weighted Average Contractual Interest Rate (Decrease) Increase(a)
Commercial and industrial(17)%
Auto(4)%
Home equity— %
Other consumer(20)%
Total loans modified(10)%
(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.
Term Extension
Loan Type
Financial Effect, Weighted Average Term Increase(a)
Residential mortgage26 months
Total loans modified26 months
(a) During the six months ended June 30, 2023, term extensions changed the weighted average term on modified loans from 334 to 360 months.
  
Loans, Modifications in Last 12 Months, Performance The following table depicts the performance of loans that have been modified in the six months ended June 30, 2023:
Payment Status (Amortized Cost Basis)
($ in thousands)Current30-89 Days Past Due90+ Days Past DueNonaccrual
Commercial and industrial$168 $— $— $— 
Residential mortgage126 — — 601 
Auto80 — — — 
Home equity78 — — 195 
Other consumer988 — — — 
Total loans modified$1,439 $— $— $796 
  
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 six months and subsequently had a payment default, as of June 30, 2023:
Amortized Cost of Loan Modifications that Subsequently Defaulted
($ in thousands)Interest Rate ConcessionTerm ExtensionCombination Interest Rate Reduction and Term Extension
Residential mortgage$— $201 $128 
Home equity— — 60 
Total loans modified$— $201 $187 
  
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 $20,127 
(a) Nonaccrual restructured loans have been included within nonaccrual loans. 		 
Loans, Troubled Debt Restructuring, Summary   The following table provides the number of loans modified in a TDR by loan portfolio, the recorded investment, and unpaid principal balance for the six months ended June 30, 2022:
 ($ in thousands)Number of Loans
Recorded Investment(a)
Unpaid Principal Balance(b)
Commercial and industrial2 $275 $275 
Commercial real estate — investor1 553 573 
Residential mortgage35 8,149 8,315 
Home equity8 291 312 
   Total loans modified 46 $9,267 $9,474 
(a) Represents post-modification outstanding recorded investment.
(b) Represents pre-modification outstanding recorded investment.
Loans, Troubled Debt Restructurings, Subsequent Default  
The following table provides the number of loans modified during the previous twelve months which subsequently defaulted during the six months ended June 30, 2022, and the recorded investment in these restructured loans at the time of default as of June 30, 2022:
 Six Months Ended June 30, 2022
 ($ in thousands)Number of
Loans		Recorded
Investment
Residential mortgage4 $1,178 
Loans, Changes in AFLL by Portfolio Segment The following table presents a summary of the changes in the ACLL by portfolio segment for the six months ended June 30, 2023:
($ in thousands)Dec 31, 2022Charge offsRecoveriesNet Charge offsProvision for credit lossesJun 30, 2023ACLL / Loans
Allowance for loan losses
Commercial and industrial$119,076 $(14,489)$1,552 $(12,936)$17,011 $123,151 
Commercial real estate — owner occupied9,475 — 6 6 1,565 11,047 
Commercial and business lending128,551 (14,489)1,558 (12,930)18,576 134,197 
Commercial real estate — investor54,398 (242)2,517 2,276 9,953 66,627 
Real estate construction45,589 (25)24 — 3,106 48,694 
Commercial real estate lending99,986 (266)2,542 2,275 13,059 115,321 
Total commercial228,538 (14,755)4,100 (10,655)31,636 249,518 
Residential mortgage38,298 (574)238 (336)3,227 41,189 
Auto finance19,619 (2,335)331 (2,004)2,735 20,350 
Home equity14,875 (186)710 524 105 15,504 
Other consumer11,390 (2,506)508 (1,998)2,798 12,189 
Total consumer84,182 (5,601)1,787 (3,815)8,864 89,232 
Total loans$312,720 $(20,356)$5,886 $(14,470)$40,500 $338,750 
Allowance for unfunded commitments
Commercial and industrial$12,997 $— $— $— $(969)$12,028 
Commercial real estate — owner occupied103 — — — 6 109 
Commercial and business lending13,101 — — — (964)12,137 
Commercial real estate — investor710 — — — 98 807 
Real estate construction20,583 — — — 693 21,276 
Commercial real estate lending21,292 — — — 791 22,084 
Total commercial34,393 — — — (173)34,221 
Home equity2,699 — — — 107 2,806 
Other consumer1,683 — — — (434)1,249 
Total consumer4,382 — — — (327)4,055 
Total loans$38,776 $— $— $— $(500)$38,276 
Allowance for credit losses on loans
Commercial and industrial$132,073 $(14,489)$1,552 $(12,936)$16,042 $135,179 1.34 %
Commercial real estate — owner occupied9,579 — 6 6 1,571 11,156 1.05 %
Commercial and business lending141,652 (14,489)1,558 (12,930)17,613 146,335 1.32 %
Commercial real estate — investor55,108 (242)2,517 2,276 10,051 67,434 1.27 %
Real estate construction66,171 (25)24 — 3,799 69,970 3.48 %
Commercial real estate lending121,279 (266)2,542 2,275 13,850 137,404 1.88 %
Total commercial262,931 (14,755)4,100 (10,655)31,463 283,739 1.54 %
Residential mortgage38,298 (574)238 (336)3,227 41,189 0.47 %
Auto finance19,619 (2,335)331 (2,004)2,735 20,350 1.14 %
Home equity17,574 (186)710 524 212 18,310 2.97 %
Other consumer13,073 (2,506)508 (1,998)2,363 13,438 4.92 %
Total consumer88,565 (5,601)1,787 (3,815)8,537 93,287 0.82 %
Total loans$351,496 $(20,356)$5,886 $(14,470)$40,000 $377,027 1.26 %
The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2022:
($ in thousands)Dec 31, 2021Charge offsRecoveriesNet Charge offsProvision for credit lossesDec 31, 2022ACLL / Loans
Allowance for loan losses
Commercial and industrial$89,857 $(4,491)$5,282 $791 $28,428 $119,076 
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
Commercial and industrial$18,459 $— $— $— $(5,462)$12,997 
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
Commercial and industrial$108,316 $(4,491)$5,282 $791 $22,967 $132,073 1.35 %
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 %