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Loans Loans (Tables)
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Receivables [Abstract]    
Loan composition The period end loan composition was as follows:
($ in thousands)Sep 30, 2023Dec 31, 2022
Commercial and industrial$10,099,068 $9,759,454 
Commercial real estate — owner occupied1,054,969 991,722 
Commercial and business lending11,154,037 10,751,176 
Commercial real estate — investor5,218,980 5,080,344 
Real estate construction2,130,719 2,155,222 
Commercial real estate lending7,349,699 7,235,565 
Total commercial18,503,736 17,986,742 
Residential mortgage8,782,645 8,511,550 
Auto finance2,007,164 1,382,073 
Home equity623,650 624,353 
Other consumer275,993 294,851 
Total consumer11,689,451 10,812,828 
Total loans$30,193,187 $28,799,569 
  
Loans, Credit Quality Indicator by Vintage Year The following table presents loans by credit quality indicator by origination year at September 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$477 $2,065,717 $1,775,767 $2,516,155 $1,427,787 $549,748 $481,866 $895,313 $9,712,353 
Special mention39 26,400 39 39,694 8,731 3,667 — 26,136 104,666 
Potential problem829 72,533 311 51,502 57,611 20,222 4,434 623 207,237 
Nonaccrual14,756 — 13,945 20,299 18,898 21,617 — 53 74,812 
Commercial and industrial$16,101 $2,164,649 $1,790,062 $2,627,650 $1,513,027 $595,254 $486,300 $922,126 $10,099,068 
Commercial real estate - owner occupied:
Risk rating:
Pass$— $17,557 $133,133 $182,517 $196,057 $104,786 $142,602 $229,321 $1,005,973 
Special mention— 421 — 2,000 7,666 2,446 4,737 — 17,269 
Potential problem— — 748 1,177 3,334 1,205 1,807 19,520 27,792 
Nonaccrual— — — 1,568 2,260 — — 108 3,936 
Commercial real estate - owner occupied$— $17,978 $133,882 $187,262 $209,317 $108,436 $149,146 $248,950 $1,054,969 
Commercial and business lending:
Risk rating:
Pass$477 $2,083,273 $1,908,900 $2,698,672 $1,623,845 $654,533 $624,468 $1,124,635 $10,718,325 
Special mention39 26,821 39 41,694 16,396 6,112 4,737 26,136 121,935 
Potential problem829 72,533 1,060 52,679 60,945 21,427 6,242 20,143 235,029 
Nonaccrual14,756 — 13,945 21,868 21,158 21,617 — 161 78,748 
Commercial and business lending$16,101 $2,182,627 $1,923,943 $2,814,912 $1,722,344 $703,689 $635,446 $1,171,075 $11,154,037 
Commercial real estate - investor:
Risk rating:
Pass$— $157,976 $500,154 $1,278,072 $1,181,060 $687,373 $459,677 $634,704 $4,899,015 
Special mention— — 9,400 54,103 26,330 — 64,801 5,608 160,243 
Potential problem— — 6,425 5,842 4,771 69,079 10,903 51,820 148,840 
Nonaccrual— — — — — — — 10,882 10,882 
Commercial real estate - investor$— $157,976 $515,979 $1,338,016 $1,212,162 $756,452 $535,381 $703,014 $5,218,980 
Real estate construction:
Risk rating:
Pass$— $27,872 $251,100 $1,008,428 $716,123 $91,982 $11,970 $23,141 $2,130,617 
Nonaccrual— — — — — — — 103 103 
Real estate construction$— $27,872 $251,100 $1,008,428 $716,123 $91,982 $11,970 $23,244 $2,130,719 
Commercial real estate lending:
Risk rating:
Pass$— $185,848 $751,254 $2,286,500 $1,897,183 $779,355 $471,646 $657,845 $7,029,632 
Special mention— — 9,400 54,103 26,330 — 64,801 5,608 160,243 
Potential problem— — 6,425 5,842 4,771 69,079 10,903 51,820 148,840 
Nonaccrual— — — — — — — 10,985 10,985 
Commercial real estate lending$— $185,848 $767,080 $2,346,445 $1,928,284 $848,434 $547,351 $726,258 $7,349,699 
Total commercial:
Risk rating:
Pass$477 $2,269,121 $2,660,154 $4,985,172 $3,521,028 $1,433,889 $1,096,114 $1,782,480 $17,747,957 
Special mention39 26,821 9,439 95,797 42,727 6,112 69,538 31,744 282,178 
Potential problem829 72,533 7,485 58,521 65,716 90,506 17,144 71,963 383,869 
Nonaccrual14,756 — 13,945 21,868 21,158 21,617 — 11,146 89,732 
Total commercial$16,101 $2,368,474 $2,691,023 $5,161,357 $3,650,628 $1,552,123 $1,182,797 $1,897,334 $18,503,736 
Term Loans Amortized Cost Basis by Origination Year(a)
($ in thousands)
Rev Loans Converted to Term(a)
Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Residential mortgage:
Risk rating:
Pass$— $— $294,499 $1,725,855 $2,176,722 $1,585,071 $757,087 $2,176,012 $8,715,245 
Potential problem— — — 80 — 77 347 744 1,247 
Nonaccrual— — 142 3,098 7,003 7,506 6,742 41,662 66,153 
Residential mortgage$— $— $294,640 $1,729,032 $2,183,725 $1,592,654 $764,176 $2,218,418 $8,782,645 
Auto finance:
Risk rating:
Pass$— $— $885,528 $1,031,283 $82,447 $204 $614 $202 $2,000,278 
Special mention— — 601 1,436 316 — — — 2,353 
Nonaccrual— — 452 3,551 527 — 4 — 4,533 
Auto finance$— $— $886,581 $1,036,271 $83,289 $204 $617 $202 $2,007,164 
Home equity:
Risk rating:
Pass$7,318 $514,431 $4,986 $35,751 $1,671 $1,450 $4,703 $51,693 $614,685 
Special mention343 102 — 40 73 — 55 542 811 
Potential problem11 — — — — — 45 192 236 
Nonaccrual832 67 — 68 105 99 373 7,205 7,917 
Home equity$8,504 $514,599 $4,986 $35,859 $1,849 $1,549 $5,175 $59,631 $623,650 
Other consumer:
Risk rating:
Pass$99 $193,494 $5,521 $3,933 $2,772 $1,234 $514 $67,749 $275,217 
Special mention17 520 — — 16 14 2 2 553 
Nonaccrual81 66 11 1 8 73 11 52 222 
Other consumer$197 $194,079 $5,532 $3,934 $2,797 $1,321 $527 $67,803 $275,993 
Total consumer:
Risk rating:
Pass$7,417 $707,925 $1,190,534 $2,796,822 $2,263,612 $1,587,959 $762,917 $2,295,656 $11,605,425 
Special mention360 621 601 1,476 405 14 57 543 3,717 
Potential problem11 — — 80 — 77 392 935 1,483 
Nonaccrual913 133 604 6,718 7,644 7,679 7,129 48,919 78,826 
Total consumer$8,701 $708,679 $1,191,739 $2,805,096 $2,271,661 $1,595,728 $770,495 $2,346,054 $11,689,451 
Total loans:
Risk rating:
Pass$7,894 $2,977,046 $3,850,688 $7,781,993 $5,784,640 $3,021,848 $1,859,031 $4,078,136 $29,353,382 
Special mention398 27,442 10,039 97,273 43,132 6,126 69,595 32,288 285,895 
Potential problem841 72,533 7,485 58,600 65,716 90,583 17,536 72,899 385,352 
Nonaccrual15,669 133 14,549 28,585 28,801 29,295 7,129 60,065 168,558 
Total loans$24,802 $3,077,153 $3,882,762 $7,966,452 $5,922,289 $3,147,851 $1,953,292 $4,243,388 $30,193,187 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents loans by credit quality indicator by origination year at December 31, 2022:
Term Loans Amortized Cost Basis by Origination Year(a)
($ 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 $28,799,569 
(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.
The following table presents gross charge offs by origination year at September 30, 2023:
Gross Charge Offs by Origination Year
($ in thousands)Rev Loans Amortized Cost BasisYTD 20232022202120202019PriorTotal
Commercial and industrial$2,760 $401 $5,695 $13,264 $5,900 $— $3,795 $31,816 
Commercial and business lending2,760 401 5,695 13,264 5,900 — 3,795 31,816 
Commercial real estate-investor— — — — — — 242 242 
Real estate construction— — — — — — 25 25 
Commercial real estate lending— — — — — — 266 266 
Total commercial2,760 401 5,695 13,264 5,900 — 4,062 32,082 
Residential mortgage— — 128 22 148 7 410 714 
Auto finance— 254 3,355 442 — 5 — 4,056 
Home equity12 — 43 45 — 22 147 269 
Other consumer3,351 — 149 124 29 12 106 3,769 
Total consumer3,363 254 3,674 633 177 45 662 8,809 
Total gross charge offs$6,124 $655 $9,369 $13,897 $6,077 $45 $4,724 $40,891 
  
Loans, Past Due Status
The following table presents loans by past due status at September 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$10,022,308 $671 $835 $441 $74,812 $10,099,068 
Commercial real estate - owner occupied1,049,156 1,877 — — 3,936 1,054,969 
Commercial and business lending11,071,464 2,548 835 441 78,748 11,154,037 
Commercial real estate - investor5,197,977 10,120 1 — 10,882 5,218,980 
Real estate construction2,130,606 10 — — 103 2,130,719 
Commercial real estate lending7,328,583 10,130 1 — 10,985 7,349,699 
Total commercial18,400,047 12,678 836 441 89,732 18,503,736 
Residential mortgage8,704,840 11,652 — — 66,153 8,782,645 
Auto finance1,985,943 14,335 2,353 — 4,533 2,007,164 
Home equity612,045 2,876 811 — 7,917 623,650 
Other consumer272,175 1,255 625 1,715 222 275,993 
Total consumer11,575,003 30,118 3,789 1,715 78,826 11,689,451 
Total loans$29,975,051 $42,797 $4,626 $2,156 $168,558 $30,193,187 
(a) Of the total nonaccrual loans, $114 million, or 68%, were current with respect to payment at September 30, 2023.
(b) No interest income was recognized on nonaccrual loans for the three and nine months ended September 30, 2023. In addition, there were $65 million of nonaccrual loans for which there was no related ACLL at September 30, 2023.
The following table presents loans by past due status at December 31, 2022:
Accruing
($ 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 nine months ended September 30, 2023. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at September 30, 2023.
Interest Rate Concession
($ in thousands)Amortized Cost
Commercial and industrial$234 
Auto169 
Home equity77 
Other consumer1,243 
Total loans modified$1,724 
Term Extension
($ in thousands)Amortized Cost
Residential mortgage$208 
Home equity26 
Total loans modified$234 
Combination - Interest Rate Concession and Term Extension
($ in thousands)Amortized Cost
Residential mortgage$830 
Home equity262 
Total loans modified$1,092 
The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans as of September 30, 2023:
Interest Rate Concession
Loan TypeFinancial Effect, Weighted Average Contractual Interest Rate (Decrease) Increase
Commercial and industrial(18)%
Auto(4)%
Home equity— %
Other consumer(21)%
Weighted average of total loans modified(10)%

Term Extension
Loan Type
Financial Effect, Weighted Average Term Increase(a)
Residential mortgage26 months
Home equity78 months
Weighted average of total loans modified32 months
(a) During the nine months ended September 30, 2023, term extensions changed the weighted average term on modified loans from 297 to 328 months.
  
Loans, Modifications in Last 12 Months, Performance The following table depicts the performance of loans that have been modified in the nine months ended September 30, 2023:
Payment Status (Amortized Cost Basis)
($ in thousands)Current30-89 Days Past Due90+ Days Past DueNonaccrual
Commercial and industrial$234 $— $— $— 
Residential mortgage81 126 — 832 
Auto169 — — — 
Home equity236 — — 130 
Other consumer1,243 — — — 
Total loans modified$1,963 $126 $— $961 
  
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 nine months and subsequently had a payment default, as of September 30, 2023:
Amortized Cost of Loan Modifications that Subsequently Defaulted
($ in thousands)Interest Rate ConcessionTerm ExtensionCombination Interest Rate Reduction and Term Extension
Residential mortgage$— $208 $206 
Home equity— — 18 
Total loans modified$— $208 $224 
  
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 $20,127 
(a) Nonaccrual restructured loans have been included within nonaccrual loans. 		 
Loans, Troubled Debt Restructuring, Summary   The following table provides the number of loans modified in a TDR by loan portfolio, the recorded investment, and unpaid principal balance for the nine months ended September 30, 2022:
 ($ in thousands)Number of Loans
Recorded Investment(a)
Unpaid Principal Balance(b)
Commercial and industrial2 $265 $265 
Commercial real estate — investor1 547 573 
Residential mortgage44 9,641 9,833 
Home equity12 390 412 
   Total loans modified 59 $10,844 $11,083 
(a) Represents post-modification outstanding recorded investment.
(b) Represents pre-modification outstanding recorded investment.
Loans, Troubled Debt Restructurings, Subsequent Default  
The following table provides the number of loans modified during the previous twelve months which subsequently defaulted during the nine months ended September 30, 2022, and the recorded investment in these restructured loans at the time of default as of September 30, 2022:
 Nine Months Ended September 30, 2022
 ($ in thousands)Number of
Loans		Recorded
Investment
Residential mortgage4 $1,178 
Loans, Changes in AFLL by Portfolio Segment The following table presents a summary of the changes in the ACLL by portfolio segment for the nine months ended September 30, 2023:
($ in thousands)Dec 31, 2022Charge offsRecoveriesNet Charge offsProvision for credit lossesSep 30, 2023ACLL / Loans
Allowance for loan losses
Commercial and industrial$119,076 $(31,816)$2,322 $(29,494)$34,710 $124,292 
Commercial real estate — owner occupied9,475 — 8 8 1,976 11,459 
Commercial and business lending128,551 (31,816)2,329 (29,487)36,686 135,751 
Commercial real estate — investor54,398 (242)2,789 2,547 10,520 67,466 
Real estate construction45,589 (25)42 18 6,128 51,734 
Commercial real estate lending99,986 (266)2,831 2,565 16,648 119,200 
Total commercial228,538 (32,082)5,161 (26,921)53,334 254,951 
Residential mortgage38,298 (714)357 (358)2,496 40,437 
Auto finance19,619 (4,056)783 (3,273)6,654 23,000 
Home equity14,875 (269)921 652 (413)15,114 
Other consumer11,390 (3,769)744 (3,025)3,928 12,293 
Total consumer84,182 (8,809)2,805 (6,004)12,666 90,844 
Total loans$312,720 $(40,891)$7,965 $(32,925)$66,000 $345,795 
Allowance for unfunded commitments
Commercial and industrial$12,997 $— $— $— $(2,365)$10,632 
Commercial real estate — owner occupied103 — — — 15 119 
Commercial and business lending13,101 — — — (2,350)10,751 
Commercial real estate — investor710 — — — 39 749 
Real estate construction20,583 — — — (1,000)19,583 
Commercial real estate lending21,292 — — — (961)20,331 
Total commercial34,393 — — — (3,311)31,082 
Home equity2,699 — — — (17)2,682 
Other consumer1,683 — — — (672)1,011 
Total consumer4,382 — — — (689)3,693 
Total loans$38,776 $— $— $— $(4,000)$34,776 
Allowance for credit losses on loans
Commercial and industrial$132,073 $(31,816)$2,322 $(29,494)$32,345 $134,924 1.34 %
Commercial real estate — owner occupied9,579 — 8 8 1,991 11,578 1.10 %
Commercial and business lending141,652 (31,816)2,329 (29,487)34,336 146,502 1.31 %
Commercial real estate — investor55,108 (242)2,789 2,547 10,560 68,214 1.31 %
Real estate construction66,171 (25)42 18 5,128 71,317 3.35 %
Commercial real estate lending121,279 (266)2,831 2,565 15,687 139,531 1.90 %
Total commercial262,931 (32,082)5,161 (26,921)50,023 286,033 1.55 %
Residential mortgage38,298 (714)357 (358)2,496 40,437 0.46 %
Auto finance19,619 (4,056)783 (3,273)6,654 23,000 1.15 %
Home equity17,574 (269)921 652 (430)17,797 2.85 %
Other consumer13,073 (3,769)744 (3,025)3,256 13,304 4.82 %
Total consumer88,565 (8,809)2,805 (6,004)11,977 94,538 0.81 %
Total loans$351,496 $(40,891)$7,965 $(32,925)$62,000 $380,571 1.26 %
The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2022:
($ 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 %