LOANS AND LEASES

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

LOANS AND LEASES

6. LOANS AND LEASES

The following table shows the Company's loan and lease portfolio by category:  

(Dollars in thousands)	June 30, 2024		December 31, 2023
Commercial and industrial	$	2,639,152	$	2,540,070
Owner-occupied commercial	1,940,677		1,886,087
Commercial mortgages	4,034,818		3,801,180
Construction	879,217		1,035,530
Commercial small business leases	643,520		623,622
Residential(1)	900,384		870,705
Consumer(2)	2,106,433		2,012,134
	13,144,201		12,769,328
Less:
Allowance for credit losses	198,253		186,126
Net loans and leases	$	12,945,948	$	12,583,202

(1) Includes reverse mortgages at fair value of $2.8 million at June 30, 2024 and December 31, 2023.

(2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans.

Accrued interest receivable on loans and leases was $72.7 million and $69.8 million at June 30, 2024 and December 31, 2023, respectively. Accrued interest receivable on loans and leases was excluded from the evaluation of allowance for credit losses.