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CREDIT QUALITY ASSESSMENT (Tables)
 9 Months Ended
Sep. 30, 2022
Credit Loss [Abstract]  
Summary Information On The Allowance For Credit Loss Activity
Summary information on the allowance for credit losses on loans for the period indicated is provided in the following table:
 Nine Months Ended September 30,
(In thousands)20222021
Balance at beginning of period$109,145 $165,367 
Provision/ (credit) for credit losses - loans (1)
18,773 (47,141)
Loan charge-offs(1,029)(11,496)
Loan recoveries1,379 1,190 
Net charge-offs350 (10,306)
Balance at period end$128,268 $107,920 
 (1) Excludes the total provision expense on unfunded loan commitments for nine months ended September 30, 2022 of $4.8 million.
Schedule of Collateral Dependent Loans Individually Evaluated for Credit Loss
The following table provides summary information regarding collateral dependent loans individually evaluated for credit loss at the dates indicated:
(In thousands)September 30, 2022December 31, 2021
Collateral dependent loans individually evaluated for credit loss with an allowance$9,022 $9,510 
Collateral dependent loans individually evaluated for credit loss without an allowance20,926 24,024 
Total individually evaluated collateral dependent loans$29,948 $33,534 
Allowance for credit losses related to loans evaluated individually$6,548 $6,593 
Allowance for credit losses related to loans evaluated collectively121,720 102,552 
Total allowance for credit losses - loans$128,268 $109,145 
Activity in Allowance for Credit Losses or Loan and Lease Losses by Respective Loan Portfolio Segment
The following tables provide information on the activity in the allowance for credit losses by the respective loan portfolio segment for the period indicated:
 
 For the Nine Months Ended September 30, 2022
 Commercial Real EstateResidential Real Estate 
(Dollars in thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Balance at beginning of period$45,289 $11,687 $20,322 $23,170 $5,384 $1,048 $2,245 $109,145 
Provision/ (credit) for credit losses - loans18,561 (610)(3,475)1,586 2,782 170 (241)18,773 
Charge-offs— — — (716)(130)— (183)(1,029)
Recoveries319 22 — 786 27 8 217 1,379 
Net recoveries (charge-offs)319 22 — 70 (103)8 34 350 
Balance at end of period$64,169 $11,099 $16,847 $24,826 $8,063 $1,226 $2,038 $128,268 
Total loans$5,066,843 $1,743,724 $1,143,783 $1,393,634 $1,218,552 $229,243 $423,034 $11,218,813 
Allowance for credit losses on loans to total loans ratio1.27 %0.64 %1.47 %1.78 %0.66 %0.53 %0.48 %1.14 %
Average loans$4,546,440 $1,722,522 $1,104,901 $1,344,608 $1,071,634 $217,978 $422,941 $10,431,024 
Annualized net charge-offs/ (recoveries) to average loans(0.01)%— %— %(0.01)%0.01 %— %(0.01)%— %
Balance of loans individually evaluated for credit loss$14,038 $6,294 $— $7,769 $1,506 $— $341 $29,948 
Allowance related to loans evaluated individually$134 $1,122 $— $5,292 $— $— $— $6,548 
Individual allowance to loans evaluated individually ratio0.95 %17.83 %— %68.12 %— %— %— %21.86 %
Balance of loans collectively evaluated for credit loss$5,052,805 $1,737,430 $1,143,783 $1,385,865 $1,217,046 $229,243 $422,693 $11,188,865 
Allowance related to loans evaluated collectively$64,035 $9,977 $16,847 $19,534 $8,063 $1,226 $2,038 $121,720 
Collective allowance to loans evaluated collectively ratio1.27 %0.57 %1.47 %1.41 %0.66 %0.53 %0.48 %1.09 %

 For the Year Ended December 31, 2021
 Commercial Real EstateResidential Real Estate 
(Dollars in thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Balance at beginning of period$57,404 $20,061 $22,157 $46,806 $11,295 $1,502 $6,142 $165,367 
Provision for credit losses - loans(6,598)(8,238)172 (20,132)(6,321)(459)(3,980)(45,556)
Charge-offs(5,802)(136)(2,007)(4,069)— — (299)(12,313)
Recoveries285 — — 565 410 5 382 1,647 
Net recoveries (charge-offs)(5,517)(136)(2,007)(3,504)410 5 83 (10,666)
Balance at end of period$45,289 $11,687 $20,322 $23,170 $5,384 $1,048 $2,245 $109,145 
Total loans$4,141,346 $1,690,881 $1,088,094 $1,481,834 $937,570 $197,652 $429,714 $9,967,091 
Allowance for credit losses on loans to total loans ratio1.09 %0.69 %1.87 %1.56 %0.57 %0.53 %0.52 %1.10 %
Average loans$3,689,769 $1,661,015 $1,110,420 $1,952,537 $979,754 $178,171 $463,200 $10,034,866 
Net charge-offs/ (recoveries) to average loans0.15 %0.01 %0.18 %0.18 %(0.04)%— %(0.02)%0.11 %
Balance of loans individually evaluated for credit loss$12,489 $9,306 $650 $9,033 $1,704 $— $352 $33,534 
Allowance related to loans evaluated individually$213 $79 $504 $5,797 $— $— $— $6,593 
Individual allowance to loans evaluated individually ratio1.71 %0.85 %77.54 %64.18 %— %— %— %19.66 %
Balance of loans collectively evaluated for credit loss$4,128,857 $1,681,575 $1,087,444 $1,472,801 $935,866 $197,652 $429,362 $9,933,557 
Allowance related to loans evaluated collectively$45,076 $11,608 $19,818 $17,373 $5,384 $1,048 $2,245 $102,552 
Collective allowance to loans evaluated collectively ratio1.09 %0.69 %1.82 %1.18 %0.58 %0.53 %0.52 %1.03 %
Schedule Of Collateral Dependent Loans Individually Evaluated For Credit Loss With The Associated Allowances
The following tables present collateral dependent loans individually evaluated for credit loss with the associated allowances for credit losses by the applicable portfolio segment and for the periods indicated:
 September 30, 2022
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Loans individually evaluated for
credit loss with an allowance:
        
Non-accruing$554 $1,850 $— $3,016 $— $— $— $5,420 
Restructured accruing— — — 571 — — — 571 
Restructured non-accruing— — — 3,031 — — — 3,031 
Balance$554 $1,850 $— $6,618 $— $— $— $9,022 
 
Allowance$134 $1,122 $— $5,292 $— $— $— $6,548 
 
Loans individually evaluated for
credit loss without an allowance:
Non-accruing$6,053 $479 $— $362 $— $— $— $6,894 
Restructured accruing— — — — 1,506 — — 1,506 
Restructured non-accruing7,431 3,965 — 789 — — 341 12,526 
Balance$13,484 $4,444 $— $1,151 $1,506 $— $341 $20,926 
 
Total individually evaluated loans:
Non-accruing$6,607 $2,329 $— $3,378 $— $— $— $12,314 
Restructured accruing— — — 571 1,506 — — 2,077 
Restructured non-accruing7,431 3,965 — 3,820 — — 341 15,557 
Balance$14,038 $6,294 $— $7,769 $1,506 $— $341 $29,948 
 
Total unpaid contractual principal
balance
$14,849 $7,747 $— $9,359 $1,506 $— $364 $33,825 
 December 31, 2021
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Loans individually evaluated for
credit loss with an allowance:
        
Non-accruing$808 $79 $650 $4,849 $— $— $— $6,386 
Restructured accruing— — — 613 — — — 613 
Restructured non-accruing336 — — 2,175 — — — 2,511 
Balance$1,144 $79 $650 $7,637 $— $— $— $9,510 
 
Allowance$213 $79 $504 $5,797 $— $— $— $6,593 
 
Loans individually evaluated for
credit loss without an allowance:
Non-accruing$3,498 $4,775 $— $434 $— $— $— $8,707 
Restructured accruing— — — — 1,554 — — 1,554 
Restructured non-accruing7,847 4,452 — 962 150 — 352 13,763 
Balance$11,345 $9,227 $— $1,396 $1,704 $— $352 $24,024 
 
Total individually evaluated loans:
Non-accruing$4,306 $4,854 $650 $5,283 $— $— $— $15,093 
Restructured accruing— — — 613 1,554 — — 2,167 
Restructured non-accruing8,183 4,452 — 3,137 150 — 352 16,274 
Balance$12,489 $9,306 $650 $9,033 $1,704 $— $352 $33,534 
 
Total unpaid contractual principal
balance
$12,857 $11,132 $695 $10,573 $2,778 $— $364 $38,399 
Table Of Average Principal Balance Of The Total Non-Accrual Loans and Contractual Interest Due
The following tables present average principal balance of total non-accrual loans and contractual interest due on non-accrual loans for the periods indicated below:
 For the Nine Months Ended September 30, 2022
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Average non-accrual loans for the period$12,379 $7,888 $771 $7,879 $7,852 $27 $5,999 $42,795 
Contractual interest income due on non-
accrual loans during the period
$609 $301 $— $389 $260 $— $243 $1,802 

 For the Year Ended December 31, 2021
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Average non-accrual loans for the period$31,590 $9,444 $9,236 $12,678 $9,439 $36 $7,369 $79,792 
Contractual interest income due on non-
accrual loans during the period
$2,169 $555 $597 $1,096 $271 $2 $402 $5,092 
Schedule Of Information On The Credit Quality Of Loan Portfolio
The following section provides information on the credit quality of the loan portfolio for the periods indicated below:
 For the Nine Months Ended September 30, 2022
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Analysis of non-accrual loan activity:        
Balance at beginning of period$12,489 $9,306 $650 $8,420 $8,441 $55 $6,725 $46,086 
Loans placed on non-accrual2,922 453 — 1,229 1,454 — 605 6,663 
Non-accrual balances transferred to OREO— — — — — — — — 
Non-accrual balances charged-off— — — (677)(132)— (29)(838)
Net payments or draws(1,373)(2,519)(650)(1,774)(1,420)(55)(1,739)(9,530)
Non-accrual loans brought current— (946)— — (829)— (389)(2,164)
Balance at end of period$14,038 $6,294 $— $7,198 $7,514 $— $5,173 $40,217 


 For the Year Ended December 31, 2021
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Analysis of non-accrual loan activity:        
Balance at beginning of period$45,227 $11,561 $15,044 $22,933 $10,212 $— $7,384 $112,361 
Loans placed on non-accrual699 3,676 49 1,339 695 62 1,626 8,146 
Non-accrual balances transferred to OREO— (257)— — — — — (257)
Non-accrual balances charged-off(5,803)(136)(2,007)(3,547)— — (100)(11,593)
Net payments or draws(26,813)(5,538)(12,436)(12,305)(2,406)(7)(1,725)(61,230)
Non-accrual loans brought current(821)— — — (60)— (460)(1,341)
Balance at end of period$12,489 $9,306 $650 $8,420 $8,441 $55 $6,725 $46,086 
Credit Quality of Loan Portfolio by Segment
 September 30, 2022
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Performing loans:        
Current$5,033,645 $1,729,541 $1,138,204 $1,383,499 $1,195,498 $227,881 $415,339 $11,123,607 
30-59 days15,615 1,859 2,725 139 9,251 1,362 2,327 33,278 
60-89 days3,545 6,030 2,854 261 4,616 — 161 17,467 
Total performing loans5,052,805 1,737,430 1,143,783 1,383,899 1,209,365 229,243 417,827 11,174,352 
Non-performing loans:
Non-accrual loans14,038 6,294 — 7,198 7,514 — 5,173 40,217 
Loans greater than 90 days past due— — — 1,966 167 — 34 2,167 
Restructured loans— — — 571 1,506 — — 2,077 
Total non-performing loans14,038 6,294 — 9,735 9,187 — 5,207 44,461 
Total loans$5,066,843 $1,743,724 $1,143,783 $1,393,634 $1,218,552 $229,243 $423,034 $11,218,813 
 December 31, 2021
 Commercial Real EstateResidential Real Estate
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		Residential
Mortgage		Residential
Construction		ConsumerTotal
Performing loans:        
Current$4,127,009 $1,680,635 $1,085,642 $1,471,669 $919,199 $197,597 $419,558 $9,901,309 
30-59 days1,656 86 1,802 753 5,157 — 3,021 12,475 
60-89 days192 854 — 379 2,662 — 410 4,497 
Total performing loans4,128,857 1,681,575 1,087,444 1,472,801 927,018 197,597 422,989 9,918,281 
Non-performing loans:
Non-accrual loans12,489 9,306 650 8,420 8,441 55 6,725 46,086 
Loans greater than 90 days past due— — — — 557 — — 557 
Restructured loans— — — 613 1,554 — — 2,167 
Total non-performing loans12,489 9,306 650 9,033 10,552 55 6,725 48,810 
Total loans$4,141,346 $1,690,881 $1,088,094 $1,481,834 $937,570 $197,652 $429,714 $9,967,091 
Information About Credit Quality Indicator By The Year Of Origination
The following table provides information about credit quality indicators by the year of origination as of September 30, 2022:
 September 30, 2022
 Term Loans by Origination YearRevolving 
(In thousands)20222021202020192018PriorLoansTotal
Commercial Investor R/E:        
Pass$1,381,369 $1,273,121 $672,407 $553,928 $311,952 $781,407 $16,657 $4,990,841 
Special Mention22,470 17,199 2,738 95 804 5,355 — 48,661 
Substandard10,859 2,210 — 2,256 8,133 3,883 — 27,341 
Doubtful— — — — — — — — 
Total$1,414,698 $1,292,530 $675,145 $556,279 $320,889 $790,645 $16,657 $5,066,843 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Commercial Owner-Occupied R/E:
Pass$340,349 $326,010 $233,459 $260,539 $148,150 $402,013 $900 $1,711,420 
Special Mention5,587 — 916 622 2,090 6,753 — 15,968 
Substandard1,723 163 754 7,946 2,496 3,254 — 16,336 
Doubtful— — — — — — — — 
Total$347,659 $326,173 $235,129 $269,107 $152,736 $412,020 $900 $1,743,724 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Commercial AD&C:
Pass$231,277 $424,256 $167,110 $88,831 $57,611 $— $172,830 $1,141,915 
Special Mention— 1,073 — — — — 795 1,868 
Substandard— — — — — — — — 
Doubtful— — — — — — — — 
Total$231,277 $425,329 $167,110 $88,831 $57,611 $— $173,625 $1,143,783 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Commercial Business:
Pass$250,297 $232,246 $105,358 $111,407 $82,473 $82,304 $491,495 $1,355,580 
Special Mention107 493 1,188 8,770 1,032 736 14,006 26,332 
Substandard2,133 1,795 1,289 2,162 591 2,321 1,431 11,722 
Doubtful— — — — — — — — 
Total$252,537 $234,534 $107,835 $122,339 $84,096 $85,361 $506,932 $1,393,634 
Current period gross charge-offs$174 $— $— $— $138 $404 $— $716 
Residential Mortgage:
Beacon score:
660-850$293,717 $292,392 $167,273 $44,299 $56,623 $271,371 $— $1,125,675 
600-6594,876 15,609 2,695 2,820 3,878 26,061 — 55,939 
540-5991,501 1,914 1,251 1,786 2,538 6,504 — 15,494 
less than 5401,081 3,937 2,390 1,788 1,750 10,498 — 21,444 
Total$301,175 $313,852 $173,609 $50,693 $64,789 $314,434 $— $1,218,552 
Current period gross charge-offs$— $— $— $— $— $130 $— $130 
Residential Construction:
Beacon score:
660-850$99,230 $106,230 $17,328 $1,683 $1,432 $1,161 $— $227,064 
600-659— 1,595 — — — — — 1,595 
540-599— — — — — — — — 
less than 540584 — — — — — — 584 
Total$99,814 $107,825 $17,328 $1,683 $1,432 $1,161 $— $229,243 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Consumer:
Beacon score:
660-850$3,526 $2,565 $1,288 $2,088 $2,663 $24,438 $350,546 $387,114 
600-659575 319 32 331 333 5,009 12,360 18,959 
540-59936 63 26 509 109 3,294 3,770 7,807 
less than 540133 106 41 170 373 3,166 5,165 9,154 
Total$4,270 $3,053 $1,387 $3,098 $3,478 $35,907 $371,841 $423,034 
Current period gross charge-offs$— $5 $15 $— $13 $16 $134 $183 
Total loans$2,651,430 $2,703,296 $1,377,543 $1,092,030 $685,031 $1,639,528 $1,069,955 $11,218,813 
 The following table provides information about credit quality indicators by the year of origination as of December 31, 2021:
 December 31, 2021
 Term Loans by Origination YearRevolving 
(In thousands)20212020201920182017PriorLoansTotal
Commercial Investor R/E:        
Pass$1,391,969 $748,236 $616,761 $357,640 $328,327 $633,913 $19,239 $4,096,085 
Special Mention2,210 510 4,646 596 2,204 10,438 — 20,604 
Substandard807 336 4,308 8,568 10,064 574 — 24,657 
Doubtful— — — — — — — — 
Total$1,394,986 $749,082 $625,715 $366,804 $340,595 $644,925 $19,239 $4,141,346 
Current period gross charge-offs$— $— $— $903 $3,975 $924 $— $5,802 
Commercial Owner-Occupied R/E:
Pass$360,169 $254,350 $319,348 $178,416 $172,354 $363,685 $1,149 $1,649,471 
Special Mention156 1,476 4,388 9,035 4,456 9,106 — 28,617 
Substandard1,968 1,800 4,028 2,265 354 2,378 — 12,793 
Doubtful— — — — — — — — 
Total$362,293 $257,626 $327,764 $189,716 $177,164 $375,169 $1,149 $1,690,881 
Current period gross charge-offs$— $— $— $136 $— $— $— $136 
Commercial AD&C:
Pass$454,207 $226,332 $148,260 $87,934 $13,938 $— $152,896 $1,083,567 
Special Mention2,888 — — — — — 989 3,877 
Substandard349 — 301 — — — — 650 
Doubtful— — — — — — — — 
Total$457,444 $226,332 $148,561 $87,934 $13,938 $— $153,885 $1,088,094 
Current period gross charge-offs$— $— $— $— $2,007 $— $— $2,007 
Commercial Business:
Pass$403,871 $165,194 $137,069 $96,800 $55,100 $53,764 $533,893 $1,445,691 
Special Mention220 1,998 7,030 1,701 548 577 9,212 21,286 
Substandard3,777 3,262 2,609 797 811 2,065 1,536 14,857 
Doubtful— — — — — — — — 
Total$407,868 $170,454 $146,708 $99,298 $56,459 $56,406 $544,641 $1,481,834 
Current period gross charge-offs$— $— $88 $1,674 $46 $2,236 $25 $4,069 
Residential Mortgage:
Beacon score:
660-850$246,612 $165,623 $46,925 $65,865 $102,628 $223,420 $— $851,073 
600-65911,102 3,285 3,583 4,255 4,645 20,052 — 46,922 
540-5991,472 1,864 2,162 4,522 1,599 8,201 — 19,820 
less than 540452 4,293 1,575 1,829 2,079 9,527 — 19,755 
Total$259,638 $175,065 $54,245 $76,471 $110,951 $261,200 $— $937,570 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Residential Construction:
Beacon score:
660-850$134,335 $45,890 $8,063 $2,078 $1,347 $1,160 $— $192,873 
600-6591,922 — 650 — — — — 2,572 
540-599— — — — — 462 — 462 
less than 5401,745 — — — — — — 1,745 
Total$138,002 $45,890 $8,713 $2,078 $1,347 $1,622 $— $197,652 
Current period gross charge-offs$— $— $— $— $— $— $— $— 
Consumer:
Beacon score:
660-850$3,179 $1,393 $3,130 $3,060 $1,648 $26,156 $350,466 $389,032 
600-659352 123 324 716 430 4,906 14,119 20,970 
540-59958 8 311 160 89 2,809 4,926 8,361 
less than 54088 58 536 544 98 3,101 6,926 11,351 
Total$3,677 $1,582 $4,301 $4,480 $2,265 $36,972 $376,437 $429,714 
Current period gross charge-offs$— $— $7 $2 $— $106 $184 $299 
Total loans$3,023,908 $1,626,031 $1,316,007 $826,781 $702,719 $1,376,294 $1,095,351 $9,967,091 
Restructured Loans for Specific Segments of Loan Portfolio
The following table provides the amounts of the restructured loans at the date of restructuring for specific segments of the loan portfolio during the period indicated:
 For the Nine Months Ended September 30, 2022
 Commercial Real Estate  
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		All
Other
Loans		Total
Troubled debt restructurings:      
Restructured accruing$— $— $— $32 $— $32 
Restructured non-accruing— — — 1,200 — 1,200 
Balance$— $— $— $1,232 $— $1,232 
Individual allowance$— $— $— $1,200 $— $1,200 
Restructured and subsequently defaulted$— $— $— $— $— $— 
 
 For the Year Ended December 31, 2021
 Commercial Real Estate  
(In thousands)Commercial
Investor R/E		Commercial
Owner-
Occupied R/E		Commercial
AD&C		Commercial
Business		All
Other
Loans		Total
Troubled debt restructurings:      
Restructured accruing$— $— $— $— $— $— 
Restructured non-accruing9,594 3,157 — 1,824 — 14,575 
Balance$9,594 $3,157 $— $1,824 $— $14,575 
Individual allowance$— $— $— $461 $— $461 
Restructured and subsequently defaulted$— $— $— $— $— $—