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v3.22.2.2

Allowance for Credit Losses (ACL) - Disaggregated analysis of the changes in allowance for credit losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Allowance for credit losses |  |  |  |
Balance at beginning of period | $ 319,708 | $ 350,401 | $ 301,807 | $ 457,309
Charge-offs | (7,126) | (3,847) | (18,779) | (12,883)
Recoveries | 8,388 | 3,801 | 15,379 | 10,744
Net (charge-offs) recoveries | 1,262 | (46) | (3,400) | (2,139)
Provision (recovery) | 3,428 | (36,211) | (1,464) | (141,026)
Balance at end of period | 324,398 | 314,144 | 324,398 | 314,144
Quantitative allowance |  |  |  |
Collectively evaluated | 309,245 | 297,728 | 309,245 | 297,728
Individually evaluated | 13,278 | 1,726 | 13,278 | 1,726
Total quantitative allowance | 322,523 | 299,454 | 322,523 | 299,454
Qualitative allowance | 1,875 | 14,690 | 1,875 | 14,690
Unfunded Commitment |  |  |  |
Allowance for credit losses |  |  |  |
Provision (recovery) | 20,000 | (2,700) | 22,500 | (15,100)
Initial PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 13,758 |  | 13,758 |
Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 13,697 |  | 13,697 |
Residential Mortgage Sr. |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 55,707 | 55,820 | 47,036 | 63,561
Charge-offs | (50) | (15) | (169) | (204)
Recoveries | 376 | 332 | 1,131 | 1,103
Net (charge-offs) recoveries | 326 | 317 | 962 | 899
Provision (recovery) | 11,987 | (4,587) | 18,859 | (12,910)
Balance at end of period | 68,020 | 51,550 | 68,020 | 51,550
Quantitative allowance |  |  |  |
Collectively evaluated | 67,765 | 48,411 | 67,765 | 48,411
Individually evaluated | 233 | 77 | 233 | 77
Total quantitative allowance | 67,998 | 48,488 | 67,998 | 48,488
Qualitative allowance | 22 | 3,062 | 22 | 3,062
Residential Mortgage Sr. | Initial PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 811 |  | 811 |
Residential Mortgage Sr. | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 352 |  | 352 |
Residential Mortgage Jr. |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 533 | 825 | 611 | 1,238
Charge-offs |  |  | (19) |
Recoveries | 30 | 48 | 195 | 131
Net (charge-offs) recoveries | 30 | 48 | 176 | 131
Provision (recovery) | (40) | (174) | (290) | (670)
Balance at end of period | 523 | 699 | 523 | 699
Quantitative allowance |  |  |  |
Collectively evaluated | 523 | 699 | 523 | 699
Total quantitative allowance | 523 | 699 | 523 | 699
Residential Mortgage Jr. | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 26 |  | 26 |
HELOC |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 16,918 | 14,550 | 13,325 | 16,698
Charge-offs | (23) | (149) | (444) | (835)
Recoveries | 3,151 | 720 | 3,803 | 1,903
Net (charge-offs) recoveries | 3,128 | 571 | 3,359 | 1,068
Provision (recovery) | (3,980) | (204) | (750) | (2,849)
Balance at end of period | 16,066 | 14,917 | 16,066 | 14,917
Quantitative allowance |  |  |  |
Collectively evaluated | 13,402 | 13,307 | 13,402 | 13,307
Individually evaluated | 2,654 | 959 | 2,654 | 959
Total quantitative allowance | 16,056 | 14,266 | 16,056 | 14,266
Qualitative allowance | 10 | 651 | 10 | 651
HELOC | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 132 |  | 132 |
Residential Construction |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 7,565 | 4,488 | 4,997 | 4,914
Recoveries | 2 | 2 | 7 | 3
Net (charge-offs) recoveries | 2 | 2 | 7 | 3
Provision (recovery) | 763 | 295 | 3,324 | (132)
Balance at end of period | 8,330 | 4,785 | 8,330 | 4,785
Quantitative allowance |  |  |  |
Collectively evaluated | 8,330 | 4,756 | 8,330 | 4,756
Total quantitative allowance | 8,330 | 4,756 | 8,330 | 4,756
Qualitative allowance |  | 29 |  | 29
Residential Construction | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 2 |  | 2 |
Other C&D |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 27,730 | 45,488 | 37,593 | 67,197
Charge-offs |  |  | (4) | (87)
Recoveries | 280 | 748 | 924 | 1,178
Net (charge-offs) recoveries | 280 | 748 | 920 | 1,091
Provision (recovery) | 3,798 | (10,337) | (8,678) | (32,389)
Balance at end of period | 31,808 | 35,899 | 31,808 | 35,899
Quantitative allowance |  |  |  |
Collectively evaluated | 31,524 | 35,893 | 31,524 | 35,893
Individually evaluated | 284 | 6 | 284 | 6
Total quantitative allowance | 31,808 | 35,899 | 31,808 | 35,899
Other C&D | Initial PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 86 |  | 86 |
Other C&D | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 1,887 |  | 1,887 |
Consumer |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 24,752 | 25,697 | 23,149 | 26,562
Charge-offs | (2,742) | (2,366) | (7,527) | (6,001)
Recoveries | 573 | 577 | 1,765 | 1,618
Net (charge-offs) recoveries | (2,169) | (1,789) | (5,762) | (4,383)
Provision (recovery) | 4,221 | 332 | 9,366 | 2,061
Balance at end of period | 26,804 | 24,240 | 26,804 | 24,240
Quantitative allowance |  |  |  |
Collectively evaluated | 26,804 | 21,509 | 26,804 | 21,509
Total quantitative allowance | 26,804 | 21,509 | 26,804 | 21,509
Qualitative allowance |  | 2,731 |  | 2,731
Consumer | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 51 |  | 51 |
Multifamily |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 2,458 | 5,883 | 4,921 | 7,887
Recoveries |  |  |  | 3
Net (charge-offs) recoveries |  |  |  | 3
Provision (recovery) | 666 | (1,299) | (2,223) | (3,306)
Balance at end of period | 3,124 | 4,584 | 3,124 | 4,584
Quantitative allowance |  |  |  |
Collectively evaluated | 3,124 | 4,584 | 3,124 | 4,584
Total quantitative allowance | 3,124 | 4,584 | 3,124 | 4,584
Multifamily | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 426 |  | 426 |
Municipal |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 703 | 1,063 | 565 | 1,510
Provision (recovery) | (1) | (554) | 137 | (1,001)
Balance at end of period | 702 | 509 | 702 | 509
Quantitative allowance |  |  |  |
Collectively evaluated | 702 | 509 | 702 | 509
Total quantitative allowance | 702 | 509 | 702 | 509
CRE Owner Occupied |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 64,688 | 75,492 | 61,794 | 97,104
Charge-offs | (1,353) | (4) | (1,802) | (2,052)
Recoveries | 569 | 332 | 977 | 796
Net (charge-offs) recoveries | (784) | 328 | (825) | (1,256)
Provision (recovery) | (9,745) | (10,611) | (11,738) | (30,639)
Balance at end of period | 54,159 | 65,209 | 54,159 | 65,209
Quantitative allowance |  |  |  |
Collectively evaluated | 46,443 | 62,969 | 46,443 | 62,969
Individually evaluated | 7,102 | 377 | 7,102 | 377
Total quantitative allowance | 53,545 | 63,346 | 53,545 | 63,346
Qualitative allowance | 614 | 1,863 | 614 | 1,863
CRE Owner Occupied | Initial PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 2,409 |  | 2,409 |
CRE Owner Occupied | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 2,519 |  | 2,519 |
Non Owner Occupied CRE |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 85,169 | 90,404 | 79,649 | 124,421
Charge-offs | (8) | (241) | (368) | (776)
Recoveries | 29 | 173 | 402 | 905
Net (charge-offs) recoveries | 21 | (68) | 34 | 129
Provision (recovery) | (8,937) | (7,458) | (6,127) | (41,672)
Balance at end of period | 76,253 | 82,878 | 76,253 | 82,878
Quantitative allowance |  |  |  |
Collectively evaluated | 74,978 | 79,302 | 74,978 | 79,302
Individually evaluated | 765 |  | 765 |
Total quantitative allowance | 75,743 | 79,302 | 75,743 | 79,302
Qualitative allowance | 510 | 3,576 | 510 | 3,576
Non Owner Occupied CRE | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 2,697 |  | 2,697 |
C & I |  |  |  |
Allowance for credit losses |  |  |  |
Balance at beginning of period | 33,485 | 30,691 | 28,167 | 46,217
Charge-offs | (2,950) | (1,072) | (8,446) | (2,928)
Recoveries | 3,378 | 869 | 6,175 | 3,104
Net (charge-offs) recoveries | 428 | (203) | (2,271) | 176
Provision (recovery) | 4,696 | (1,614) | (3,344) | (17,519)
Balance at end of period | 38,609 | 28,874 | 38,609 | 28,874
Quantitative allowance |  |  |  |
Collectively evaluated | 35,650 | 25,789 | 35,650 | 25,789
Individually evaluated | 2,240 | 307 | 2,240 | 307
Total quantitative allowance | 37,890 | 26,096 | 37,890 | 26,096
Qualitative allowance | 719 | $ 2,778 | 719 | $ 2,778
C & I | Initial PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | 10,452 |  | 10,452 |
C & I | Initial Non PCD Allowance |  |  |  |
Allowance for credit losses |  |  |  |
Balance at end of period | $ 5,605 |  | $ 5,605 |

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- Definition Reflects the amount of loans and leases that have been removed, or charged off, from both loan receivables and the reserve for credit losses, typically because they are considered to be not salvageable or have been purchased by unconsolidated collection entities. This amount is net of reduction in bad debt expense attributable to collections of loans and lease receivables which had previously been fully or partially charged off as bad debts. + References No definition available. + Details
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