XML 56 R35.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Loans Receivable and Allowance for Credit Losses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Loans and Leases Receivable Disclosure [Abstract] |
Schedule of the composition of loan held-for-investment | The following table presents the composition of the Company’s loans held-for-investment outstanding as of December 31, 2021 and 2020:
($ in thousands) |  | December 31, 2021 |  | December 31, 2020
Commercial: |  |  |  |  |
C&I (1) |  | $ | 14,150,608 |  |  |  | $ | 13,631,726 |
CRE: |  |  |  |  |
CRE |  | 12,155,047 |  |  |  | 11,174,611 |
Multifamily residential |  | 3,675,605 |  |  |  | 3,033,998 |
Construction and land |  | 346,486 |  |  |  | 599,692 |
Total CRE |  | 16,177,138 |  |  |  | 14,808,301 |
Total commercial |  | 30,327,746 |  |  |  | 28,440,027 |
Consumer: |  |  |  |  |
Residential mortgage: |  |  |  |  |
Single-family residential |  | 9,093,702 |  |  |  | 8,185,953 |
HELOCs |  | 2,144,821 |  |  |  | 1,601,716 |
Total residential mortgage |  | 11,238,523 |  |  |  | 9,787,669 |
Other consumer |  | 127,512 |  |  |  | 163,259 |
Total consumer |  | 11,366,035 |  |  |  | 9,950,928 |
Total loans held-for-investment (2) |  | $ | 41,693,781 |  |  |  | $ | 38,390,955 |
Allowance for loan losses |  | (541,579) |  |  |  | (619,983) |
Loans held-for-investment, net (2) |  | $ | 41,152,202 |  |  |  | $ | 37,770,972 |
(1)Includes PPP loans of $534.2 million and $1.57 billion as of December 31, 2021 and 2020, respectively. (2)Includes net deferred loan fees, unearned fees, unamortized premiums and unaccreted discounts of $(50.7) million and $(58.8) million as of December 31, 2021 and 2020, respectively. Net origination fees related to PPP loans were $(5.7) million and $(12.7) million as of December 31, 2021 and 2020, respectively.
Schedule of loans held-for-investment by loan portfolio segment, internal risk ratings and vintage year | The following tables summarize the Company’s loans held-for-investment by loan portfolio segments, internal risk ratings and vintage year as of December 31, 2021 and 2020. The vintage year is the year of origination, renewal or major modification.
($ in thousands) |  | December 31, 2021
| Term Loans |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans Amortized Cost Basis |  | Total
| Amortized Cost Basis by Origination Year |  |  |
| 2021 |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | Prior |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 3,911,722 |  |  | $ | 1,133,085 |  |  | $ | 629,007 |  |  | $ | 187,195 |  |  | $ | 132,392 |  |  | $ | 225,326 |  |  | $ | 7,383,485 |  |  | $ | 28,842 |  |  | $ | 13,631,054 |
Criticized (accrual) |  | 85,036 |  |  | 117,357 |  |  | 72,277 |  |  | 51,553 |  |  | 15,136 |  |  | 4,005 |  |  | 115,167 |  |  | — |  |  | 460,531 |
Criticized (nonaccrual) |  | 29,456 |  |  | 2,792 |  |  | 513 |  |  | 517 |  |  | 9,301 |  |  | 16,444 |  |  | — |  |  | — |  |  | 59,023 |
Total C&I |  | 4,026,214 |  |  | 1,253,234 |  |  | 701,797 |  |  | 239,265 |  |  | 156,829 |  |  | 245,775 |  |  | 7,498,652 |  |  | 28,842 |  |  | 14,150,608 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 2,792,193 |  |  | 2,090,503 |  |  | 2,230,520 |  |  | 1,863,481 |  |  | 1,120,682 |  |  | 1,727,862 |  |  | 128,668 |  |  | 6,389 |  |  | 11,960,298 |
Criticized (accrual) |  | 71,055 |  |  | 3,200 |  |  | 9,176 |  |  | 21,077 |  |  | 24,851 |  |  | 55,892 |  |  | — |  |  | — |  |  | 185,251 |
Criticized (nonaccrual) |  | 4,350 |  |  | — |  |  | — |  |  | — |  |  | 4,752 |  |  | 396 |  |  | — |  |  | — |  |  | 9,498 |
Subtotal CRE |  | 2,867,598 |  |  | 2,093,703 |  |  | 2,239,696 |  |  | 1,884,558 |  |  | 1,150,285 |  |  | 1,784,150 |  |  | 128,668 |  |  | 6,389 |  |  | 12,155,047 |
Multifamily residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 1,026,295 |  |  | 726,772 |  |  | 688,453 |  |  | 419,319 |  |  | 308,087 |  |  | 424,947 |  |  | 20,524 |  |  | — |  |  | 3,614,397 |
Criticized (accrual) |  | — |  |  | — |  |  | 721 |  |  | 22,344 |  |  | 7,033 |  |  | 30,666 |  |  | — |  |  | — |  |  | 60,764 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 444 |  |  | — |  |  | — |  |  | 444 |
Subtotal multifamily residential |  | 1,026,295 |  |  | 726,772 |  |  | 689,174 |  |  | 441,663 |  |  | 315,120 |  |  | 456,057 |  |  | 20,524 |  |  | — |  |  | 3,675,605 |
Construction and land: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 122,983 |  |  | 103,743 |  |  | 90,544 |  |  | 3,412 |  |  | — |  |  | 391 |  |  | — |  |  | — |  |  | 321,073 |
Criticized (accrual) |  | 3,355 |  |  | — |  |  | — |  |  | 22,058 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 25,413 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Subtotal construction and land |  | 126,338 |  |  | 103,743 |  |  | 90,544 |  |  | 25,470 |  |  | — |  |  | 391 |  |  | — |  |  | — |  |  | 346,486 |
Total CRE |  | 4,020,231 |  |  | 2,924,218 |  |  | 3,019,414 |  |  | 2,351,691 |  |  | 1,465,405 |  |  | 2,240,598 |  |  | 149,192 |  |  | 6,389 |  |  | 16,177,138 |
Total commercial |  | 8,046,445 |  |  | 4,177,452 |  |  | 3,721,211 |  |  | 2,590,956 |  |  | 1,622,234 |  |  | 2,486,373 |  |  | 7,647,844 |  |  | 35,231 |  |  | 30,327,746 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (1) |  | 2,616,958 |  |  | 2,108,370 |  |  | 1,375,929 |  |  | 1,079,030 |  |  | 763,351 |  |  | 1,127,516 |  |  | — |  |  | — |  |  | 9,071,154 |
Criticized (accrual) |  | — |  |  | — |  |  | 458 |  |  | 2,813 |  |  | 1,899 |  |  | 3,212 |  |  | — |  |  | — |  |  | 8,382 |
Criticized (Nonaccrual) (1) |  | — |  |  | — |  |  | 1,751 |  |  | 3,889 |  |  | 4,295 |  |  | 4,231 |  |  | — |  |  | — |  |  | 14,166 |
Subtotal single-family residential mortgage |  | 2,616,958 |  |  | 2,108,370 |  |  | 1,378,138 |  |  | 1,085,732 |  |  | 769,545 |  |  | 1,134,959 |  |  | — |  |  | — |  |  | 9,093,702 |
HELOCs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 648 |  |  | 3,277 |  |  | 4,644 |  |  | 1,347 |  |  | 3,268 |  |  | 11,215 |  |  | 1,913,478 |  |  | 197,414 |  |  | 2,135,291 |
Criticized (accrual) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 371 |  |  | 7 |  |  | 708 |  |  | 1,086 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | 52 |  |  | 188 |  |  | 3,543 |  |  | 973 |  |  | — |  |  | 3,688 |  |  | 8,444 |
Subtotal HELOCs |  | 648 |  |  | 3,277 |  |  | 4,696 |  |  | 1,535 |  |  | 6,811 |  |  | 12,559 |  |  | 1,913,485 |  |  | 201,810 |  |  | 2,144,821 |
Total residential mortgage |  | 2,617,606 |  |  | 2,111,647 |  |  | 1,382,834 |  |  | 1,087,267 |  |  | 776,356 |  |  | 1,147,518 |  |  | 1,913,485 |  |  | 201,810 |  |  | 11,238,523 |
Other consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 16,831 |  |  | 5,258 |  |  | — |  |  | — |  |  | 1,741 |  |  | 52,147 |  |  | 51,481 |  |  | — |  |  | 127,458 |
Criticized (accrual) |  | 2 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 52 |  |  | — |  |  | 52 |
Subtotal other consumer |  | 16,833 |  |  | 5,258 |  |  | — |  |  | — |  |  | 1,741 |  |  | 52,147 |  |  | 51,533 |  |  | — |  |  | 127,512 |
Total consumer |  | 2,634,439 |  |  | 2,116,905 |  |  | 1,382,834 |  |  | 1,087,267 |  |  | 778,097 |  |  | 1,199,665 |  |  | 1,965,018 |  |  | 201,810 |  |  | 11,366,035 |
Total |  | $ | 10,680,884 |  |  | $ | 6,294,357 |  |  | $ | 5,104,045 |  |  | $ | 3,678,223 |  |  | $ | 2,400,331 |  |  | $ | 3,686,038 |  |  | $ | 9,612,862 |  |  | $ | 237,041 |  |  | $ | 41,693,781 |
($ in thousands) |  | December 31, 2020
| Term Loans |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans Amortized Cost Basis |  | Total
| Amortized Cost Basis by Origination Year |  |  |
| 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 3,912,147 |  |  | $ | 1,477,740 |  |  | $ | 483,725 |  |  | $ | 245,594 |  |  | $ | 69,482 |  |  | $ | 245,615 |  |  | $ | 6,431,003 |  |  | $ | 29,487 |  |  | $ | 12,894,793 |
Criticized (accrual) |  | 120,183 |  |  | 74,601 |  |  | 56,785 |  |  | 19,426 |  |  | 1,487 |  |  | 5,872 |  |  | 324,640 |  |  | — |  |  | 602,994 |
Criticized (nonaccrual) |  | 2,125 |  |  | 25,267 |  |  | 22,240 |  |  | 18,787 |  |  | 4,964 |  |  | 1,592 |  |  | 58,964 |  |  | — |  |  | 133,939 |
Total C&I |  | 4,034,455 |  |  | 1,577,608 |  |  | 562,750 |  |  | 283,807 |  |  | 75,933 |  |  | 253,079 |  |  | 6,814,607 |  |  | 29,487 |  |  | 13,631,726 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 2,296,649 |  |  | 2,402,136 |  |  | 2,310,748 |  |  | 1,328,251 |  |  | 732,694 |  |  | 1,529,681 |  |  | 173,267 |  |  | 19,064 |  |  | 10,792,490 |
Criticized (accrual) |  | 47,459 |  |  | 63,654 |  |  | 43,447 |  |  | 98,259 |  |  | 2,094 |  |  | 80,662 |  |  | — |  |  | — |  |  | 335,575 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | 42,067 |  |  | 1,115 |  |  | — |  |  | 3,364 |  |  | — |  |  | — |  |  | 46,546 |
Subtotal CRE |  | 2,344,108 |  |  | 2,465,790 |  |  | 2,396,262 |  |  | 1,427,625 |  |  | 734,788 |  |  | 1,613,707 |  |  | 173,267 |  |  | 19,064 |  |  | 11,174,611 |
Multifamily residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 783,671 |  |  | 783,589 |  |  | 479,959 |  |  | 411,945 |  |  | 181,213 |  |  | 348,751 |  |  | 5,895 |  |  | — |  |  | 2,995,023 |
Criticized (accrual) |  | — |  |  | 735 |  |  | 22,330 |  |  | 6,101 |  |  | 264 |  |  | 5,877 |  |  | — |  |  | — |  |  | 35,307 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | 1,475 |  |  | — |  |  | — |  |  | 2,193 |  |  | — |  |  | — |  |  | 3,668 |
Subtotal multifamily residential |  | 783,671 |  |  | 784,324 |  |  | 503,764 |  |  | 418,046 |  |  | 181,477 |  |  | 356,821 |  |  | 5,895 |  |  | — |  |  | 3,033,998 |
Construction and land: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 224,924 |  |  | 172,707 |  |  | 156,712 |  |  | — |  |  | 20,897 |  |  | 1,028 |  |  | — |  |  | — |  |  | 576,268 |
Criticized (accrual) |  | 3,524 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 19,900 |  |  | — |  |  | — |  |  | 23,424 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Subtotal construction and land |  | 228,448 |  |  | 172,707 |  |  | 156,712 |  |  | — |  |  | 20,897 |  |  | 20,928 |  |  | — |  |  | — |  |  | 599,692 |
Total CRE |  | 3,356,227 |  |  | 3,422,821 |  |  | 3,056,738 |  |  | 1,845,671 |  |  | 937,162 |  |  | 1,991,456 |  |  | 179,162 |  |  | 19,064 |  |  | 14,808,301 |
Total commercial |  | 7,390,682 |  |  | 5,000,429 |  |  | 3,619,488 |  |  | 2,129,478 |  |  | 1,013,095 |  |  | 2,244,535 |  |  | 6,993,769 |  |  | 48,551 |  |  | 28,440,027 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass (1) |  | 2,385,853 |  |  | 1,813,200 |  |  | 1,501,660 |  |  | 1,021,707 |  |  | 523,170 |  |  | 921,714 |  |  | — |  |  | — |  |  | 8,167,304 |
Criticized (accrual) |  | — |  |  | 1,429 |  |  | — |  |  | — |  |  | 119 |  |  | 1,034 |  |  | — |  |  | — |  |  | 2,582 |
Criticized (nonaccrual) (1) |  | — |  |  | 226 |  |  | 812 |  |  | 1,789 |  |  | 1,994 |  |  | 11,246 |  |  | — |  |  | — |  |  | 16,067 |
Subtotal single-family residential mortgage |  | 2,385,853 |  |  | 1,814,855 |  |  | 1,502,472 |  |  | 1,023,496 |  |  | 525,283 |  |  | 933,994 |  |  | — |  |  | — |  |  | 8,185,953 |
HELOCs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 1,131 |  |  | 880 |  |  | 2,879 |  |  | 5,363 |  |  | 8,433 |  |  | 13,475 |  |  | 1,328,919 |  |  | 225,810 |  |  | 1,586,890 |
Criticized (accrual) |  | — |  |  | — |  |  | 200 |  |  | — |  |  | 996 |  |  | — |  |  | 1,328 |  |  | 606 |  |  | 3,130 |
Criticized (nonaccrual) |  | — |  |  | 151 |  |  | 285 |  |  | 4,617 |  |  | 164 |  |  | 1,962 |  |  | — |  |  | 4,517 |  |  | 11,696 |
Subtotal HELOCs |  | 1,131 |  |  | 1,031 |  |  | 3,364 |  |  | 9,980 |  |  | 9,593 |  |  | 15,437 |  |  | 1,330,247 |  |  | 230,933 |  |  | 1,601,716 |
Total residential mortgage |  | 2,386,984 |  |  | 1,815,886 |  |  | 1,505,836 |  |  | 1,033,476 |  |  | 534,876 |  |  | 949,431 |  |  | 1,330,247 |  |  | 230,933 |  |  | 9,787,669 |
Other consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 9,531 |  |  | — |  |  | — |  |  | 1,830 |  |  | — |  |  | 83,255 |  |  | 66,136 |  |  | — |  |  | 160,752 |
Criticized (accrual) |  | 16 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16 |
Criticized (nonaccrual) |  | — |  |  | — |  |  | — |  |  | 2,491 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,491 |
Subtotal other consumer |  | 9,547 |  |  | — |  |  | — |  |  | 4,321 |  |  | — |  |  | 83,255 |  |  | 66,136 |  |  | — |  |  | 163,259 |
Total consumer |  | 2,396,531 |  |  | 1,815,886 |  |  | 1,505,836 |  |  | 1,037,797 |  |  | 534,876 |  |  | 1,032,686 |  |  | 1,396,383 |  |  | 230,933 |  |  | 9,950,928 |
Total |  | $ | 9,787,213 |  |  | $ | 6,816,315 |  |  | $ | 5,125,324 |  |  | $ | 3,167,275 |  |  | $ | 1,547,971 |  |  | $ | 3,277,221 |  |  | $ | 8,390,152 |  |  | $ | 279,484 |  |  | $ | 38,390,955 |
(1)As of December 31, 2021 and 2020, $1.6 million and $747 thousand, respectively, of nonaccrual loans whose payments are guaranteed by the Federal Housing Administration were classified with a “Pass” rating.
Schedule of aging analysis of loans | The following tables present the aging analysis of total loans held-for-investment as of December 31, 2021 and 2020:
($ in thousands) |  | December 31, 2021 |  |  |  |
| Current Accruing Loans |  | Accruing Loans 30-59 Days Past Due |  | Accruing Loans 60-89 Days Past Due |  |  |  |  |  | Total Accruing Past Due Loans |  |  |  |  |  | Total Nonaccrual Loans |  | Total Loans |  |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 14,080,516 |  |  | $ | 6,983 |  |  | $ | 4,086 |  |  |  |  |  |  | $ | 11,069 |  |  |  |  |  |  | $ | 59,023 |  |  | $ | 14,150,608 |  |  |  |  |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | 12,141,827 |  |  | 3,722 |  |  | — |  |  |  |  |  |  | 3,722 |  |  |  |  |  |  | 9,498 |  |  | 12,155,047 |  |  |  |  |
Multifamily residential |  | 3,669,819 |  |  | 5,320 |  |  | 22 |  |  |  |  |  |  | 5,342 |  |  |  |  |  |  | 444 |  |  | 3,675,605 |  |  |  |  |
Construction and land |  | 346,486 |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  |  |  |  |  | — |  |  | 346,486 |  |  |  |  |
Total CRE |  | 16,158,132 |  |  | 9,042 |  |  | 22 |  |  |  |  |  |  | 9,064 |  |  |  |  |  |  | 9,942 |  |  | 16,177,138 |  |  |  |  |
Total commercial |  | 30,238,648 |  |  | 16,025 |  |  | 4,108 |  |  |  |  |  |  | 20,133 |  |  |  |  |  |  | 68,965 |  |  | 30,327,746 |  |  |  |  |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential |  | 9,059,222 |  |  | 10,191 |  |  | 8,569 |  |  |  |  |  |  | 18,760 |  |  |  |  |  |  | 15,720 |  |  | 9,093,702 |  |  |  |  |
HELOCs |  | 2,130,523 |  |  | 4,776 |  |  | 1,078 |  |  |  |  |  |  | 5,854 |  |  |  |  |  |  | 8,444 |  |  | 2,144,821 |  |  |  |  |
Total residential mortgage |  | 11,189,745 |  |  | 14,967 |  |  | 9,647 |  |  |  |  |  |  | 24,614 |  |  |  |  |  |  | 24,164 |  |  | 11,238,523 |  |  |  |  |
Other consumer |  | 127,352 |  |  | 99 |  |  | 9 |  |  |  |  |  |  | 108 |  |  |  |  |  |  | 52 |  |  | 127,512 |  |  |  |  |
Total consumer |  | 11,317,097 |  |  | 15,066 |  |  | 9,656 |  |  |  |  |  |  | 24,722 |  |  |  |  |  |  | 24,216 |  |  | 11,366,035 |  |  |  |  |
Total |  | $ | 41,555,745 |  |  | $ | 31,091 |  |  | $ | 13,764 |  |  |  |  |  |  | $ | 44,855 |  |  |  |  |  |  | $ | 93,181 |  |  | $ | 41,693,781 |  |  |  |  |
($ in thousands) |  | December 31, 2020
| Current Accruing Loans (1) |  | Accruing Loans 30-59 Days Past Due |  | Accruing Loans 60-89 Days Past Due |  |  |  | Total Accruing Past Due Loans |  |  |  |  |  | Total Nonaccrual Loans |  | Total Loans
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 13,488,070 |  |  | $ | 8,993 |  |  | $ | 724 |  |  |  |  | $ | 9,717 |  |  |  |  |  |  | $ | 133,939 |  |  | $ | 13,631,726 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | 11,127,690 |  |  | 375 |  |  | — |  |  |  |  | 375 |  |  |  |  |  |  | 46,546 |  |  | 11,174,611 |
Multifamily residential |  | 3,028,512 |  |  | 1,818 |  |  | — |  |  |  |  | 1,818 |  |  |  |  |  |  | 3,668 |  |  | 3,033,998 |
Construction and land |  | 579,792 |  |  | 19,900 |  |  | — |  |  |  |  | 19,900 |  |  |  |  |  |  | — |  |  | 599,692 |
Total CRE |  | 14,735,994 |  |  | 22,093 |  |  | — |  |  |  |  | 22,093 |  |  |  |  |  |  | 50,214 |  |  | 14,808,301 |
Total commercial |  | 28,224,064 |  |  | 31,086 |  |  | 724 |  |  |  |  | 31,810 |  |  |  |  |  |  | 184,153 |  |  | 28,440,027 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential |  | 8,156,645 |  |  | 9,911 |  |  | 2,583 |  |  |  |  | 12,494 |  |  |  |  |  |  | 16,814 |  |  | 8,185,953 |
HELOCs |  | 1,583,968 |  |  | 2,922 |  |  | 3,130 |  |  |  |  | 6,052 |  |  |  |  |  |  | 11,696 |  |  | 1,601,716 |
Total residential mortgage |  | 9,740,613 |  |  | 12,833 |  |  | 5,713 |  |  |  |  | 18,546 |  |  |  |  |  |  | 28,510 |  |  | 9,787,669 |
Other consumer |  | 160,534 |  |  | 217 |  |  | 17 |  |  |  |  | 234 |  |  |  |  |  |  | 2,491 |  |  | 163,259 |
Total consumer |  | 9,901,147 |  |  | 13,050 |  |  | 5,730 |  |  |  |  | 18,780 |  |  |  |  |  |  | 31,001 |  |  | 9,950,928 |
Total |  | $ | 38,125,211 |  |  | $ | 44,136 |  |  | $ | 6,454 |  |  |  |  | $ | 50,590 |  |  |  |  |  |  | $ | 215,154 |  |  | $ | 38,390,955 |
(1)As of both December 31, 2021 and 2020, loans in payment deferral programs offered in response to the COVID-19 pandemic that are performing according to their modified terms are generally not considered delinquent, and are included in the “Current Accruing Loans” column.
Schedule of amortized cost of loans on nonaccrual status with no related allowance for loan losses | The following table presents amortized cost of loans on nonaccrual status for which there was no related allowance for loan losses as of both December 31, 2021 and 2020. Nonaccrual loans may not have an allowance for credit losses if there is no loss expectation since the loan balances are well secured by the collateral value.
($ in thousands) |  | December 31, 2021 |  | December 31, 2020 |  |  |  |  |  |  |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 22,967 |  |  | $ | 62,040 |  |  |  |  |  |  |  |  |  |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | 9,102 |  |  | 45,537 |  |  |  |  |  |  |  |  |  |
Multifamily residential |  | — |  |  | 2,519 |  |  |  |  |  |  |  |  |  |
Total CRE |  | 9,102 |  |  | 48,056 |  |  |  |  |  |  |  |  |  |
Total commercial |  | 32,069 |  |  | 110,096 |  |  |  |  |  |  |  |  |  |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential |  | 5,785 |  |  | 6,013 |  |  |  |  |  |  |  |  |  |
HELOCs |  | 5,033 |  |  | 8,076 |  |  |  |  |  |  |  |  |  |
Total residential mortgage |  | 10,818 |  |  | 14,089 |  |  |  |  |  |  |  |  |  |
Other consumer |  | — |  |  | 2,491 |  |  |  |  |  |  |  |  |  |
Total consumer |  | 10,818 |  |  | 16,580 |  |  |  |  |  |  |  |  |  |
Total nonaccrual loans with no related allowance for loan losses |  | $ | 42,887 |  |  | $ | 126,676 |  |  |  |  |  |  |  |  |  |
Summary of additions and post-modifications to troubled debt restructurings | The following tables present the additions to TDRs for the years ended December 31, 2021, 2020 and 2019:
($ in thousands) |  | Loans Modified as TDRs During the Year Ended December 31, 2021
| Number of Loans |  | Pre-Modification Outstanding Recorded Investment |  | Post-Modification Outstanding Recorded Investment (1) |  | Financial Impact (2)
Commercial: |  |  |  |  |  |  |  |
C&I |  | 5 |  |  | $ | 24,155 |  |  | $ | 20,263 |  |  | $ | 1,108 |
CRE: |  |  |  |  |  |  |  |
Multifamily residential |  | 1 |  |  | 1,101 |  |  | 1,066 |  |  | — |
Total CRE |  | 1 |  |  | 1,101 |  |  | 1,066 |  |  | — |
Total commercial |  | 6 |  |  | 25,256 |  |  | 21,329 |  |  | 1,108 |
Total |  | 6 |  |  | $ | 25,256 |  |  | $ | 21,329 |  |  | $ | 1,108 |
($ in thousands) |  | Loans Modified as TDRs During the Year Ended December 31, 2020
| Number of Loans |  | Pre-Modification Outstanding Recorded Investment |  | Post-Modification Outstanding Recorded Investment (1) |  | Financial Impact (2)
Commercial: |  |  |  |  |  |  |  |
C&I |  | 14 |  |  | $ | 152,249 |  |  | $ | 134,467 |  |  | $ | 19,555 |
CRE: |  |  |  |  |  |  |  |
CRE |  | 2 |  |  | 21,429 |  |  | 21,221 |  |  | 18 |
Multifamily residential |  | 1 |  |  | 1,220 |  |  | 1,226 |  |  | — |
Total CRE |  | 3 |  |  | 22,649 |  |  | 22,447 |  |  | 18 |
Total commercial |  | 17 |  |  | 174,898 |  |  | 156,914 |  |  | 19,573 |
Total |  | 17 |  |  | $ | 174,898 |  |  | $ | 156,914 |  |  | $ | 19,573 |
($ in thousands) |  | Loans Modified as TDRs During the Year Ended December 31, 2019
| Number of Loans |  | Pre-Modification Outstanding Recorded Investment |  | Post-Modification Outstanding Recorded Investment (1) |  | Financial Impact (2)
Commercial: |  |  |  |  |  |  |  |
C&I |  | 8 |  |  | $ | 95,742 |  |  | $ | 71,332 |  |  | $ | 8,004 |
CRE: |  |  |  |  |  |  |  |
Construction and land |  | 1 |  |  | 19,696 |  |  | 19,691 |  |  | — |
Total CRE |  | 1 |  |  | 19,696 |  |  | 19,691 |  |  | — |
Total commercial |  | 9 |  |  | 115,438 |  |  | 91,023 |  |  | 8,004 |
Consumer: |  |  |  |  |  |  |  |
Residential mortgage: |  |  |  |  |  |  |  |
Single-family residential |  | 2 |  |  | 1,123 |  |  | 1,098 |  |  | 2 |
HELOCs |  | 2 |  |  | 539 |  |  | 528 |  |  | — |
Total residential mortgage |  | 4 |  |  | 1,662 |  |  | 1,626 |  |  | 2 |
Total consumer |  | 4 |  |  | 1,662 |  |  | 1,626 |  |  | 2 |
Total |  | 13 |  |  | $ | 117,100 |  |  | $ | 92,649 |  |  | $ | 8,006 |
(1)Includes subsequent payments after modification and reflects the balance as of December 31, 2021, 2020 and 2019. (2)Includes charge-offs and specific reserves recorded since the modification date. The following tables present the TDR post-modifications outstanding balances for the years ended December 31, 2021, 2020 and 2019 by modification type:
($ in thousands) |  | Modification Type During the Year Ended December 31, 2021
| Principal (1) |  | Principal and Interest (2) |  | Interest Rate Reduction |  |  |  | Interest Deferments |  | Other (3) |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 4,679 |  |  | $ | — |  |  | $ | 15,584 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 20,263 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |
Multifamily residential |  | 1,066 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 1,066 |
Total CRE |  | 1,066 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 1,066 |
Total commercial |  | 5,745 |  |  | — |  |  | 15,584 |  |  |  |  | — |  |  | — |  |  | 21,329 |
Total |  | $ | 5,745 |  |  | $ | — |  |  | $ | 15,584 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 21,329 |
($ in thousands) |  | Modification Type During the Year Ended December 31, 2020
| Principal (1) |  | Principal and Interest (2) |  | Interest Rate Reduction |  |  |  | Interest Deferments |  | Other (3) |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 59,134 |  |  | $ | 10,863 |  |  | $ | 31,913 |  |  |  |  | $ | 32,557 |  |  | $ | — |  |  | $ | 134,467 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |
CRE |  | 21,221 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 21,221 |
Multifamily residential |  | 1,226 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 1,226 |
Total CRE |  | 22,447 |  |  | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 22,447 |
Total commercial |  | 81,581 |  |  | 10,863 |  |  | 31,913 |  |  |  |  | 32,557 |  |  | — |  |  | 156,914 |
Total |  | $ | 81,581 |  |  | $ | 10,863 |  |  | $ | 31,913 |  |  |  |  | $ | 32,557 |  |  | $ | — |  |  | $ | 156,914 |
($ in thousands) |  | Modification Type During the Year Ended December 31, 2019
| Principal (1) |  | Principal and Interest (2) |  | Interest Rate Reduction |  |  |  | Interest Deferments |  | Other (3) |  | Total
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | $ | 31,611 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 39,721 |  |  | $ | 71,332 |
CRE: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land |  | — |  |  | — |  |  | 19,691 |  |  |  |  | — |  |  | — |  |  | 19,691 |
Total CRE |  | — |  |  | — |  |  | 19,691 |  |  |  |  | — |  |  | — |  |  | 19,691 |
Total commercial |  | 31,611 |  |  | — |  |  | 19,691 |  |  |  |  | — |  |  | 39,721 |  |  | 91,023 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family residential |  | — |  |  | 1,098 |  |  | — |  |  |  |  | — |  |  | — |  |  | 1,098 |
HELOCs |  | — |  |  | 397 |  |  | — |  |  |  |  | — |  |  | 131 |  |  | 528 |
Total residential mortgage |  | — |  |  | 1,495 |  |  | — |  |  |  |  | — |  |  | 131 |  |  | 1,626 |
Total consumer |  | — |  |  | 1,495 |  |  | — |  |  |  |  | — |  |  | 131 |  |  | 1,626 |
Total |  | $ | 31,611 |  |  | $ | 1,495 |  |  | $ | 19,691 |  |  |  |  | $ | — |  |  | $ | 39,852 |  |  | $ | 92,649 |
(1)Includes forbearance payments, term extensions and principal deferments that modify the terms of the loan from principal and interest payments to interest payments only. (2)Includes principal and interest deferments or reductions. (3)Includes primarily funding to secure additional collateral and provides liquidity to collateral-dependent C&I loans.
Summary of TDR loans subsequently defaulted | The following table presents the information on loans that entered into payment default during the years ended December 31, 2021, 2020 and 2019 that were modified as TDRs during the 12 months preceding payment default:
($ in thousands) |  | Loans Modified as TDRs that Subsequently Defaulted During the Year Ended December 31,
| 2021 |  | 2020 |  | 2019
| Number of Loans |  | Recorded Investment |  | Number of Loans |  | Recorded Investment |  | Number of Loans |  | Recorded Investment
Commercial: |  |  |  |  |  |  |  |  |  |  |  |
C&I |  | 1 |  |  | $ | 11,431 |  |  | 1 |  |  | $ | 15,852 |  |  | 3 |  |  | $ | 13,112 |
Total commercial |  | 1 |  |  | 11,431 |  |  | 1 |  |  | 15,852 |  |  | 3 |  |  | 13,112 |
Total |  | 1 |  |  | $ | 11,431 |  |  | 1 |  |  | $ | 15,852 |  |  | 3 |  |  | $ | 13,112 |
Key credit risk characteristics and macroeconomic variables | The following table provides key credit risk characteristics and macroeconomic variables that the Company uses to estimate the expected credit losses by portfolio segment:
Portfolio Segment |  | Risk Characteristics |  | Macroeconomic Variables
C&I |  | Age (1), size and spread at origination, and risk rating |  | Volatility Index (“VIX”) and BBB yield to 10-year U.S. Treasury spread (“BBB Spread”) (1)
CRE, Multifamily residential, and Construction and land |  | Delinquency status, maturity date, collateral value, property type, and geographic location |  | Unemployment rate, Gross Domestic Product (“GDP”), and U.S. Treasury rates
Single-family residential and HELOCs |  | FICO score, delinquency status, maturity date, collateral value, and geographic location |  | Unemployment rate, GDP, and home price index
Other consumer |  | Historical loss experience |  | Immaterial (2)
(1)Due to model enhancements, the risk characteristic related to “time-to-maturity” was changed to “age”; while macroeconomic variables related to “unemployment rate and two- and ten-year U.S. Treasury spread” were changed to “VIX and BBB Spread” during the year ended December 31, 2021. (2)Macroeconomic variables are included in the qualitative estimate.
Summary of the activity in the allowance for credit losses | The following tables summarize the activity in the allowance for loan losses by portfolio segments for the years ended December 31, 2021, 2020 and 2019:
($ in thousands) |  | Year Ended December 31, 2021
| Commercial |  | Consumer |  | Total |  |  |  |
| C&I |  | CRE |  | Residential Mortgage |  | Other Consumer |  |  |  |  |
|  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single- Family Residential |  | HELOCs |  |  |  |  |  |
Allowance for loan losses, beginning of period |  | $ | 398,040 |  |  | $ | 163,791 |  |  | $ | 27,573 |  |  | $ | 10,239 |  |  | $ | 15,520 |  |  | $ | 2,690 |  |  | $ | 2,130 |  |  | $ | 619,983 |  |  |  |  |
(Reversal of ) provision for credit losses on loans | (a) | (39,715) |  |  | 14,282 |  |  | (15,076) |  |  | 7,576 |  |  | 1,965 |  |  | 745 |  |  | 1,286 |  |  | (28,937) |  |  |  |  |
Gross charge-offs |  | (32,490) |  |  | (28,430) |  |  | (130) |  |  | (2,954) |  |  | (1,046) |  |  | (45) |  |  | (1,497) |  |  | (66,592) |  |  |  |  |
Gross recoveries |  | 11,906 |  |  | 1,297 |  |  | 2,033 |  |  | 607 |  |  | 721 |  |  | 45 |  |  | 5 |  |  | 16,614 |  |  |  |  |
Total net (charge-offs) recoveries |  | (20,584) |  |  | (27,133) |  |  | 1,903 |  |  | (2,347) |  |  | (325) |  |  | — |  |  | (1,492) |  |  | (49,978) |  |  |  |  |
Foreign currency translation adjustment |  | 511 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 511 |  |  |  |  |
Allowance for loan losses, end of period |  | $ | 338,252 |  |  | $ | 150,940 |  |  | $ | 14,400 |  |  | $ | 15,468 |  |  | $ | 17,160 |  |  | $ | 3,435 |  |  | $ | 1,924 |  |  | $ | 541,579 |  |  |  |  |
($ in thousands) |  | Year Ended December 31, 2020
| Commercial |  | Consumer |  | Total |  |  |  |
| C&I |  | CRE |  | Residential Mortgage |  | Other Consumer |  |  |  |  |
|  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single- Family Residential |  | HELOCs |  |  |  |  |  |
Allowance for loan losses, beginning of period |  | $ | 238,376 |  |  | $ | 40,509 |  |  | $ | 22,826 |  |  | $ | 19,404 |  |  | $ | 28,527 |  |  | $ | 5,265 |  |  | $ | 3,380 |  |  | $ | 358,287 |  |  |  |  |
Impact of ASU 2016-13 adoption |  | 74,237 |  |  | 72,169 |  |  | (8,112) |  |  | (9,889) |  |  | (3,670) |  |  | (1,798) |  |  | 2,221 |  |  | 125,158 |  |  |  |  |
Provision for (reversal of) credit losses on loans | (a) | 145,212 |  |  | 55,864 |  |  | 10,879 |  |  | 644 |  |  | (9,922) |  |  | (605) |  |  | (3,381) |  |  | 198,691 |  |  |  |  |
Gross charge-offs |  | (66,225) |  |  | (15,206) |  |  | — |  |  | — |  |  | — |  |  | (221) |  |  | (185) |  |  | (81,837) |  |  |  |  |
Gross recoveries |  | 5,428 |  |  | 10,455 |  |  | 1,980 |  |  | 80 |  |  | 585 |  |  | 49 |  |  | 95 |  |  | 18,672 |  |  |  |  |
Total net (charge-offs) recoveries |  | (60,797) |  |  | (4,751) |  |  | 1,980 |  |  | 80 |  |  | 585 |  |  | (172) |  |  | (90) |  |  | (63,165) |  |  |  |  |
Foreign currency translation adjustment |  | 1,012 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,012 |  |  |  |  |
Allowance for loan losses, end of period |  | $ | 398,040 |  |  | $ | 163,791 |  |  | $ | 27,573 |  |  | $ | 10,239 |  |  | $ | 15,520 |  |  | $ | 2,690 |  |  | $ | 2,130 |  |  | $ | 619,983 |  |  |  |  |
($ in thousands) |  | Year Ended December 31, 2019
| Commercial |  | Consumer |  | Total |  |  |  |
| C&I |  | CRE |  | Residential Mortgage |  | Other Consumer |  |  |  |  |
|  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single- Family Residential |  | HELOCs |  |  |  |  |  |
Allowance for loan losses, beginning of period |  | $ | 189,117 |  |  | $ | 40,666 |  |  | $ | 19,885 |  |  | $ | 20,290 |  |  | $ | 31,340 |  |  | $ | 5,774 |  |  | $ | 4,250 |  |  | $ | 311,322 |  |  |  |  |
Provision for (reversal of) credit losses on loans | (a) | 109,068 |  |  | (4,345) |  |  | 1,085 |  |  | (1,422) |  |  | (2,938) |  |  | (516) |  |  | (839) |  |  | 100,093 |  |  |  |  |
Gross charge-offs |  | (73,985) |  |  | (1021) |  |  | — |  |  | — |  |  | (11) |  |  | — |  |  | (50) |  |  | (75,067) |  |  |  |  |
Gross recoveries |  | 14,501 |  |  | 5,209 |  |  | 1,856 |  |  | 536 |  |  | 136 |  |  | 7 |  |  | 19 |  |  | 22,264 |  |  |  |  |
Total net (charge-offs) recoveries |  | (59,484) |  |  | 4,188 |  |  | 1,856 |  |  | 536 |  |  | 125 |  |  | 7 |  |  | (31) |  |  | (52,803) |  |  |  |  |
Foreign currency translation adjustment |  | (325) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (325) |  |  |  |  |
Allowance for loan losses, end of period |  | $ | 238,376 |  |  | $ | 40,509 |  |  | $ | 22,826 |  |  | $ | 19,404 |  |  | $ | 28,527 |  |  | $ | 5,265 |  |  | $ | 3,380 |  |  | $ | 358,287 |  |  |  |  |
The following table summarizes the activities in the allowance for unfunded credit commitments for the years ended December 31, 2021, 2020 and 2019:
($ in thousands) |  | Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Unfunded credit facilities |  |  |  |  |  |
Allowance for unfunded credit commitments, beginning of period |  | $ | 33,577 |  |  | $ | 11,158 |  |  | $ | 12,566 |
Impact of ASU 2016-13 adoption |  | — |  |  | 10,457 |  |  | — |
(Reversal of) provision for credit losses on unfunded credit commitments | (b) | (6,063) |  |  | 11,962 |  |  | (1,408) |
Allowance for unfunded credit commitments, end of period |  | 27,514 |  |  | 33,577 |  |  | 11,158 |
(Reversal of) provision for credit losses | (a) + (b) | $ | (35,000) |  |  | $ | 210,653 |  |  | $ | 98,685 |
Schedule of carrying value of loans transferred, loans sold and purchased for the held-for-investment portfolio | The following tables provide information on the carrying value of loans transferred, loans sold and purchased for the held-for-investment portfolio, during the years ended December 31, 2021, 2020 and 2019:
($ in thousands) |  | Year Ended December 31, 2021
| Commercial |  | Consumer |  | Total
|  |  | CRE |  | Residential Mortgage |  |  |
| C&I |  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single-Family Residential |  |  |  |  |
Loans transferred from held-for-investment to held-for-sale (1) |  | $ | 496,655 |  |  | $ | 78,834 |  |  | $ | — |  |  | $ | 18,883 |  |  | $ | 5,238 |  |  |  |  |  |  | $ | 599,610 |
Sales (2)(3)(4) |  | $ | 502,694 |  |  | $ | 78,834 |  |  | $ | — |  |  | $ | 21,557 |  |  | $ | 18,458 |  |  |  |  |  |  | $ | 621,543 |
Purchases (5) |  | $ | 479,690 |  |  | $ | — |  |  | $ | 370 |  |  | $ | — |  |  | $ | 564,651 |  |  |  |  |  |  | $ | 1,044,711 |
($ in thousands) |  | Year Ended December 31, 2020
| Commercial |  | Consumer |  | Total
|  |  | CRE |  | Residential Mortgage |  |  |
| C&I |  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single-Family Residential |  |  |  |  |
Loans transferred from held-for-investment to held-for-sale (1) |  | $ | 300,677 |  |  | $ | 26,994 |  |  | $ | 1,398 |  |  | $ | — |  |  | $ | — |  |  |  |  |  |  | $ | 329,069 |
Sales (2)(3)(4) |  | $ | 303,520 |  |  | $ | 26,994 |  |  | $ | 1,398 |  |  | $ | — |  |  | $ | 80,309 |  |  |  |  |  |  | $ | 412,221 |
Purchases (5) |  | $ | 154,154 |  |  | $ | — |  |  | $ | 2,358 |  |  | $ | — |  |  | $ | 233,068 |  |  |  |  |  |  | $ | 389,580 |
($ in thousands) |  | Year Ended December 31, 2019
| Commercial |  | Consumer |  | Total
|  |  | CRE |  | Residential Mortgage |  |  |
| C&I |  | CRE |  | Multifamily Residential |  | Construction and Land |  | Single-Family Residential |  |  |  |  |
Loans transferred from held-for-investment to held-for-sale (1) |  | $ | 245,002 |  |  | $ | 39,062 |  |  | $ | — |  |  | $ | 1,573 |  |  | $ | — |  |  |  |  |  |  | $ | 285,637 |
Sales (2)(3)(4) |  | $ | 245,791 |  |  | $ | 39,062 |  |  | $ | — |  |  | $ | 1,573 |  |  | $ | 10,410 |  |  |  |  |  |  | $ | 296,836 |
Purchases (5) |  | $ | 397,615 |  |  | $ | — |  |  | $ | 8,988 |  |  | $ | — |  |  | $ | 117,227 |  |  |  |  |  |  | $ | 523,830 |
(1)Includes write-downs of $12.2 million, $2.8 million and $789 thousand to the allowance for loan losses related to loans transferred from held-for-investment to held-for-sale for the years ended December 31, 2021, 2020 and 2019, respectively. (2)Includes originated loans sold of $413.1 million, $400.4 million and $230.3 million for the years ended December 31, 2021, 2020 and 2019, respectively. Originated loans sold consist primarily of C&I for all periods. (3)Includes $208.4 million, $11.8 million and $66.5 million of purchased loans sold in the secondary market for the years ended December 31, 2021, 2020 and 2019, respectively. (4)Net gains on sales of loans were $8.9 million, $4.5 million and $4.0 million for the years ended December 31, 2021, 2020 and 2019, respectively. (5)C&I loan purchases consisted primarily of syndicated C&I term loans.

X
- Definition Financing Receivable Credit Quality Indicators, Key Credit Risk Characteristics and Macroeconomic Variables + References No definition available. + Details
Name: | ewbc_FinancingReceivableCreditQualityIndicatorsKeyCreditRiskCharacteristicsAndMacroeconomicVariablesTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Financing Receivables, Carrying Amount [Table Text Block] + References No definition available. + Details
Name: | ewbc_ScheduleOfFinancingReceivablesCarryingAmountTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Sales, Purchases And Securitization Of Loans, And Reclassification Of Loans Held-For-Investment To (From) Loans Held-For-Sale + References No definition available. + Details
Name: | ewbc_ScheduleOfSalesPurchasesAndSecuritizationOfLoansAndReclassificationOfLoansHeldForInvestmentToFromLoansHeldForSaleTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Troubled Debt Restructurings on Financing Receivables, Defaulted [Table Text Block] + References No definition available. + Details
Name: | ewbc_TroubledDebtRestructuringsonFinancingReceivablesDefaultedTableTextBlock
Namespace Prefix: | ewbc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration