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Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Activity In The Non-Covered Allowance For Loan And Lease Losses
The following tables summarize activity related to the ACL by portfolio segment for the periods indicated:
Three Months Ended June 30, 2024
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$146,276 $202,757 $58,010 $7,301 $414,344 
(Recapture) provision for credit losses for loans and leases (3,096)46,320 (9,032)568 34,760 
Charge-offs(585)(33,561)(504)(1,551)(36,201)
Recoveries551 4,198 411 608 5,768 
Net charge-offs(34)(29,363)(93)(943)(30,433)
Balance, end of period$143,146 $219,714 $48,885 $6,926 $418,671 
Reserve for unfunded commitments
Balance, beginning of period$13,028 $5,890 $2,757 $1,193 $22,868 
(Recapture) provision for credit losses on unfunded commitments(3,082)657 (479)(36)(2,940)
Balance, end of period9,946 6,547 2,278 1,157 19,928 
Total allowance for credit losses$153,092 $226,261 $51,163 $8,083 $438,599 
Six Months Ended June 30, 2024
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$125,888 $244,821 $62,004 $8,158 $440,871 
Provision (recapture) for credit losses for loans and leases17,095 46,756 (12,706)1,091 52,236 
Charge-offs(746)(80,793)(994)(3,421)(85,954)
Recoveries909 8,930 581 1,098 11,518 
Net recoveries (charge-offs)163 (71,863)(413)(2,323)(74,436)
Balance, end of period$143,146 $219,714 $48,885 $6,926 $418,671 
Reserve for unfunded commitments
Balance, beginning of period$11,170 $7,841 $2,940 $1,257 $23,208 
Recapture for credit losses on unfunded commitments(1,224)(1,294)(662)(100)(3,280)
Balance, end of period9,946 6,547 2,278 1,157 19,928 
Total allowance for credit losses$153,092 $226,261 $51,163 $8,083 $438,599 
Three Months Ended June 30, 2023
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$111,090 $239,146 $60,613 $6,615 $417,464 
Provision for credit losses for loans and leases7,829 30 5,269 2,088 15,216 
Charge-offs(174)(32,036)(4)(1,264)(33,478)
Recoveries209 4,511 63 618 5,401 
Net recoveries (charge-offs)35 (27,525)59 (646)(28,077)
Balance, end of period$118,954 $211,651 $65,941 $8,057 $404,603 
Reserve for unfunded commitments
Balance, beginning of period$8,405 $6,381 $3,320 $923 $19,029 
Provision (recapture) for credit losses on unfunded commitments1,595 (560)(302)65 798 
Balance, end of period10,000 5,821 3,018 988 19,827 
Total allowance for credit losses$128,954 $217,472 $68,959 $9,045 $424,430 
Six Months Ended June 30, 2023
(in thousands)Commercial Real EstateCommercialResidentialConsumer & OtherTotal
Allowance for credit losses on loans and leases
Balance, beginning of period$77,813 $167,135 $50,329 $5,858 $301,135 
Initial ACL on PCD loans acquired during the period8,736 17,204 454 98 26,492 
Provision for credit losses for loans and leases (1)
32,312 71,027 15,224 3,151 121,714 
Charge-offs(174)(51,284)(252)(2,037)(53,747)
Recoveries267 7,569 186 987 9,009 
Net recoveries (charge-offs)93 (43,715)(66)(1,050)(44,738)
Balance, end of period$118,954 $211,651 $65,941 $8,057 $404,603 
Reserve for unfunded commitments
Balance, beginning of period$7,207 $3,049 $3,196 $769 $14,221 
Initial ACL recorded for unfunded commitments acquired during the period2,257 3,066 268 176 5,767 
Provision (recapture) for credit losses on unfunded commitments536 (294)(446)43 (161)
Balance, end of period10,000 5,821 3,018 988 19,827 
Total allowance for credit losses$128,954 $217,472 $68,959 $9,045 $424,430 
(1) Includes $88.4 million initial provision related to non-PCD loans acquired during the first quarter of 2023.
Loans and Leases Past Due and Non-Accrual Loans and Leases
The following tables present the carrying value of the loans and leases past due, by loan and lease class, as of the dates presented:
June 30, 2024
(in thousands)Greater than 30 to 59 Days Past Due60 to 89 Days Past Due
 90 Days or More and Accruing (2)
Total Past Due
Non-Accrual (2)
Current and OtherTotal Loans and Leases
Commercial real estate
Non-owner occupied term, net$972 $528 $— $1,500 $4,961 $6,400,890 $6,407,351 
Owner occupied term, net1,586 1,946 — 3,532 32,623 5,194,356 5,230,511 
Multifamily, net— — — — — 5,868,848 5,868,848 
Construction & development, net— — — — — 1,946,693 1,946,693 
Residential development, net— — — — — 269,106 269,106 
Commercial
Term, net3,714 5,700 — 9,414 29,583 5,520,551 5,559,548 
Lines of credit & other, net4,676 4,590 145 9,411 2,166 2,547,056 2,558,633 
Leases & equipment finance, net16,659 20,564 5,633 42,856 23,237 1,635,850 1,701,943 
Residential
Mortgage, net (1)
— 13,942 52,652 66,594 — 5,925,569 5,992,163 
Home equity loans & lines, net7,143 2,966 2,920 13,029 — 1,969,757 1,982,786 
Consumer & other, net551 461 220 1,232 — 191,173 192,405 
Total, net of deferred fees and costs$35,301 $50,697 $61,570 $147,568 $92,570 $37,469,849 $37,709,987 
(1) Includes government guaranteed mortgage loans that the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $1.0 million at June 30, 2024.
(2) Includes government guaranteed portion of $27.9 million and $36.8 million for 90 days or greater and non-accrual loans, respectively.
December 31, 2023
(in thousands)Greater than 30 to 59 Days Past Due60 to 89 Days Past Due
90 Days or More and Accruing(2)
Total Past Due
Non-Accrual(2)
Current and OtherTotal Loans and Leases
Commercial real estate
Non-owner occupied term, net$1,270 $3,312 $437 $5,019 $4,359 $6,473,562 $6,482,940 
Owner occupied term, net3,078 2,191 433 5,702 24,330 5,165,573 5,195,605 
Multifamily, net— — — — — 5,704,734 5,704,734 
Construction & development, net— — — — — 1,747,302 1,747,302 
Residential development, net— — — — — 323,899 323,899 
Commercial
Term, net6,341 2,101 202 8,644 14,519 5,513,602 5,536,765 
Lines of credit & other, net1,647 1,137 66 2,850 2,760 2,424,517 2,430,127 
Leases & equipment finance, net22,217 24,178 7,965 54,360 28,403 1,646,749 1,729,512 
Residential
Mortgage, net (1)
282 9,410 26,331 36,023 — 6,121,143 6,157,166 
Home equity loans & lines, net4,401 2,373 3,782 10,556 — 1,927,610 1,938,166 
Consumer & other, net778 519 326 1,623 — 194,112 195,735 
Total, net of deferred fees and costs$40,014 $45,221 $39,542 $124,777 $74,371 $37,242,803 $37,441,951 
(1) Includes government guaranteed mortgage loans the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $1.0 million at December 31, 2023.
(2) Includes government guaranteed portion of $12.3 million and $19.3 million for 90 days or greater and non-accrual loans, respectively.
Collateral Dependent Loans and Leases
The following table summarizes the amortized cost of non-accrual loans for which there was no related ACL as of June 30, 2024 and December 31, 2023:
(in thousands)June 30, 2024December 31, 2023
Commercial real estate  
Non-owner occupied term, net$37 $52 
Owner occupied term, net1,604 1,352 
Commercial
Term, net2,574 3,497 
Total non-accrual loans with no related ACL (1)
$4,215 $4,901 
(1) Excludes non-accrual collateral-dependent loans and leases that have been written down to net realizable value without an associated ACL.
Collateral Dependent Loans and Leases The following table summarizes the amortized cost basis of the collateral-dependent loans and leases by the type of collateral securing the assets as of June 30, 2024:
(in thousands)Residential Real EstateCommercial Real Estate General Business AssetsOtherTotal
Commercial real estate
  Non-owner occupied term, net$— $4,242 $— $— $4,242 
  Owner occupied term, net— 29,621 — — 29,621 
Commercial
   Term, net2,397 — 16,124 3,931 22,452 
   Line of credit & other, net— 1,305 250 — 1,555 
   Leases & equipment finance, net— — 23,237 — 23,237 
Residential
   Mortgage, net74,806 — — — 74,806 
   Home equity loans & lines, net2,431 — — — 2,431 
Total, net of deferred fees and costs$79,634 $35,168 $39,611 $3,931 $158,344 
Loan and Lease Modifications Made to Borrowers Experiencing Financial Difficulty
The following tables present the amortized cost basis of loans and leases that were both experiencing financial difficulty and modified during the three and six months ended June 30, 2024 and 2023, by class and type of modification. The percentage of the amortized cost basis of loans and leases that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below.
Three Months Ended June 30, 2024
(in thousands)Interest Rate ReductionTerm ExtensionOther -Than-Insignificant Payment DelayTotal% of total class of financing receivable
Commercial real estate
  Owner occupied term, net$4,041 $— $— $4,041 0.08 %
Commercial
  Term, net1,237 5,493 1,988 8,718 0.16 %
  Lines of credit & other, net— 3,728 319 4,047 0.16 %
  Leases & equipment finance, net— 866 — 866 0.05 %
Residential
  Mortgage, net— 1,447 7,389 8,836 0.15 %
Total loans and leases experiencing financial difficulty$5,278 $11,534 $9,696 $26,508 0.07 %
Six Months Ended June 30, 2024
(in thousands)Interest Rate ReductionTerm ExtensionOther -Than-Insignificant Payment DelayTotal% of total class of financing receivable
Commercial real estate
  Non-owner occupied term, net$— $— $17,577 $17,577 0.27 %
  Owner occupied term, net4,041 — 530 4,571 0.09 %
Commercial
  Term, net1,237 5,944 1,988 9,169 0.16 %
  Lines of credit & other, net— 10,913 319 11,232 0.44 %
  Leases & equipment finance, net— 1,457 — 1,457 0.09 %
Residential
  Mortgage, net— 2,456 14,355 16,811 0.28 %
Total loans and leases experiencing financial difficulty$5,278 $20,770 $34,769 $60,817 0.16 %

Three Months Ended June 30, 2023
(in thousands)Interest Rate ReductionTerm ExtensionOther -Than-Insignificant Payment DelayCombination - Term Extension and Other-than-Insignificant Payment DelayTotal% of total class of financing receivable
Commercial real estate
Owner occupied term, net$976 $— $— $— $976 0.02 %
Commercial
Term, net377 — — — 377 0.01 %
Lines of credit & other, net— 1,850 — — 1,850 0.08 %
Leases & equipment finance, net— 194 — — 194 0.01 %
Residential
Mortgage, net— 454 13,348 1,261 15,063 0.24 %
Total loans and leases experiencing financial difficulty$1,353 $2,498 $13,348 $1,261 $18,460 0.05 %
Six Months Ended June 30, 2023
(in thousands)Interest Rate ReductionTerm ExtensionOther -Than-Insignificant Payment DelayCombination - Interest Rate Reduction and Term ExtensionCombination - Term Extension and Other-than-Insignificant Payment DelayTotal% of total class of financing receivable
Commercial real estate
Owner occupied term, net$976 $— $— $— $— $976 0.02 %
Commercial
Term, net377 — — — — 377 0.01 %
Lines of credit & other, net— 2,945 — — — 2,945 0.13 %
Leases & equipment finance, net— 603 — — — 603 0.03 %
Residential
Mortgage, net— 454 22,017 — 2,934 25,405 0.40 %
Home equity loans & lines, net— — — 244 — 244 0.01 %
Total loans and leases experiencing financial difficulty$1,353 $4,002 $22,017 $244 $2,934 $30,550 0.08 %

Three Months Ended June 30, 2024
Loan TypeFinancial Effect
Commercial real estate
Owner occupied term, net
Reduced weighted average interest rate by 3.79%.
Commercial
Term, net
Reduced weighted average interest rate by 5.00%. Weighted average term extension of 6 months to the life of the loans. Deferred $77,000 of principal and interest payments.
Lines of credit & other, net
Weighted average term extension of 9 months to the life of the loans. Deferred $48,000 of principal and interest payments.
Leases & equipment finance, net
Weighted average term extension of 11 months to the life of the loans and leases.
Residential
Mortgage, net
Weighted average term extension of 4.7 years to the life of the loans. Deferred $531,000 of principal and interest payments.
Six Months Ended June 30, 2024
Loan TypeFinancial Effect
Commercial real estate
Non-owner occupied term, net
Deferred $4.0 million of principal and interest payments.
Owner occupied term, net
Reduced weighted average interest rate by 3.79%. Deferred $51,000 of principal and interest payments.
Commercial
Term, net
Reduced weighted average interest rate by 5.00%. Weighted average term extension of 6 months to the life of the loans. Deferred $77,000 of principal and interest payments.
Lines of credit & other, net
Weighted average term extension of 7 months to the life of the loans. Deferred $48,000 of principal and interest payments.
Leases & equipment finance, net
Weighted average term extension of 10 months to the life of the loans and leases.
Residential
Mortgage, net
Weighted average term extension of 8.3 years to the life of the loans. Deferred $1.0 million of principal and interest payments.
Three Months Ended June 30, 2023
Loan TypeFinancial Effect
Commercial real estate
Owner occupied term, net
Reduced weighted average interest rate by 2.41%.
Commercial
Term, net
Reduced weighted average interest rate by 4.50%.
Lines of credit & other, net
Weighted average term extension of 6 months to the life of the loans.
Leases & equipment finance, net
Weighted average term extension of 10 months to the life of the loans.
Residential
Mortgage, net
Weighted average term extension of 6.4 years to the life of the loans. Deferred $916,000 of principal and interest payments. Combined modifications had a financial effect of weighted average term extension of 13.9 years to the life of the loans, and deferred $37,000 of principal and interest payments.
Six Months Ended June 30, 2023
Loan TypeFinancial Effect
Commercial real estate
Owner occupied term, net
Reduced weighted average interest rate by 2.41%.
Commercial
Term, net
Reduced weighted average interest rate by 4.50%.
Lines of credit & other, net
Weighted average term extension of 8 months to the life of the loans.
Leases & equipment finance, net
Weighted average term extension of 9 months to the life of the loans.
Residential
Mortgage, net
Weighted average term extension of 6.4 years to the life of the loans. Deferred $1.2 million of principal and interest payments. Combined modifications had a financial effect of weighted average term extension of 13.4 years to the life of the loans, and deferred $156,000 of principal payment and interest payments.
Home equity loans & lines, net
Weighted average term extension of 6.9 years to the life of the loan and decreased the weighted average interest rate by 3.44%.
The Company closely monitors the performance of loans and leases that are modified for borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. Loans and leases are considered to be in payment default at 90 or more days past due. The following tables present the amortized cost basis of modified loans as of June 30, 2024 that, within twelve months of the modification date, experienced a subsequent default during the periods presented:
Three Months Ended June 30, 2024
(in thousands)Interest rate reductionTerm ExtensionOther than insignificant payment delayTotal
Commercial real estate
Owner occupied term, net$3,064 $— $— $3,064 
Commercial
Lines of credit & other, net— 250 — 250 
Residential
Mortgage, net— 300 743 1,043 
Total loans and leases experiencing financial difficulty with a subsequent default$3,064 $550 $743 $4,357 
Six Months Ended June 30, 2024
(in thousands)Interest rate reductionTerm ExtensionOther than insignificant payment delayTotal
Commercial real estate
Owner occupied term, net$3,064 $— $— $3,064 
Commercial
Lines of credit & other, net — 250 — 250 
Residential
Mortgage, net— 300 743 1,043 
Total loans and leases experiencing financial difficulty with a subsequent default$3,064 $550 $743 $4,357 

For the three and six months ended June 30, 2023, all modified loans and leases were current and there were no loan or lease modifications made to borrowers experiencing financial difficulty that subsequently defaulted.

The following tables present an age analysis of loans and leases as of June 30, 2024 that have been modified within the prior twelve months and as of June 30, 2023 that have been modified since January 1, 2023, the date of the adoption of ASU 2022-02:
 June 30, 2024
Loan TypeCurrentGreater than 30 to 59 Days Past Due60 to 89 Days Past Due90 Days or Greater Past DueNonaccrualTotal
(in thousands)
Commercial real estate
Non-owner occupied term, net$47,557 $— $— $— $— $47,557 
Owner occupied term, net2,033 — — — 3,594 5,627 
Commercial
Term, net9,784 — — — 1,237 11,021 
Lines of credit & other, net50,268 — 999 — 1,751 53,018 
Leases & equipment finance, net1,430 193 227 15 106 1,971 
Residential
Mortgage, net33,971 — 2,841 5,103 — 41,915 
Total loans and leases, net of deferred fees and costs$145,043 $193 $4,067 $5,118 $6,688 $161,109 
 June 30, 2023
Loan TypeCurrentGreater than 30 to 59 Days Past Due60 to 89 Days Past Due90 Days or Greater Past DueNonaccrualTotal
(in thousands)
Commercial real estate
Owner occupied term, net$— $— $— $— $976 $976 
Commercial
Term, net— — — — 377 377 
Lines of credit & other, net2,945 — — — — 2,945 
Leases & equipment finance, net492 111 — — — 603 
Residential
Mortgage, net25,405 — — — — 25,405 
Home equity loans & lines, net244 — — — — 244 
Total loans and leases, net of deferred fees and costs$29,086 $111 $— $— $1,353 $30,550 
Internal Risk Rating By Loan Class
The following tables represent the amortized costs basis of the loans and leases by credit classification and vintage year by loan and lease class of financing receivable as of the dates presented:
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
June 30, 202420242023202220212020PriorTotal
Commercial real estate:
Non-owner occupied term, net
Credit quality indicator:
Pass/Watch$120,203 $586,414 $1,287,806 $1,170,822 $593,654 $2,452,050 $61,247 $1,663 $6,273,859 
Special mention— — 844 1,243 467 19,452 — — 22,006 
Substandard17,577 29,979 3,061 528 — 59,659 — — 110,804 
Doubtful— — — 682 — — — — 682 
Total non-owner occupied term, net$137,780 $616,393 $1,291,711 $1,173,275 $594,121 $2,531,161 $61,247 $1,663 $6,407,351 
Current YTD period:
Gross charge-offs$— $— $— $— $— $86 $— $— $86 
Owner occupied term, net
Credit quality indicator:
Pass/Watch$254,451 $516,936 $1,063,606 $923,506 $427,382 $1,781,628 $74,543 $54 $5,042,106 
Special mention249 1,280 7,029 11,989 9,959 25,538 1,926 — 57,970 
Substandard3,594 5,363 3,714 47,633 17,302 47,366 — — 124,972 
Doubtful— — 2,924 — — 983 — — 3,907 
Loss— — 963 189 404 — — — 1,556 
Total owner occupied term, net$258,294 $523,579 $1,078,236 $983,317 $455,047 $1,855,515 $76,469 $54 $5,230,511 
Current YTD period:
Gross charge-offs$— $— $569 $— $— $91 $— $— $660 
Multifamily, net
Credit quality indicator:
Pass/Watch$70,557 $279,966 $2,007,723 $1,732,846 $409,038 $1,298,746 $56,392 $— $5,855,268 
Special mention— — 1,072 1,265 934 6,242 — — 9,513 
Substandard— — — — — 4,067 — — 4,067 
Total multifamily, net$70,557 $279,966 $2,008,795 $1,734,111 $409,972 $1,309,055 $56,392 $— $5,868,848 
Current YTD period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Construction & development, net
Credit quality indicator:
Pass/Watch$206,345 $343,932 $834,408 $340,935 $147,635 $19,467 $39,662 $— $1,932,384 
Special mention— — — 14,309 — — — — 14,309 
Total construction & development, net$206,345 $343,932 $834,408 $355,244 $147,635 $19,467 $39,662 $— $1,946,693 
Current YTD period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Residential development, net
Credit quality indicator:
Pass/Watch$31,550 $51,413 $15,556 $495 $467 $970 $161,427 $7,228 $269,106 
Total residential development, net$31,550 $51,413 $15,556 $495 $467 $970 $161,427 $7,228 $269,106 
Current YTD period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Total commercial real estate$704,526 $1,815,283 $5,228,706 $4,246,442 $1,607,242 $5,716,168 $395,197 $8,945 $19,722,509 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
June 30, 202420242023202220212020PriorTotal
Commercial:
Term, net
Credit quality indicator:
Pass/Watch$423,462 $812,209 $1,143,205 $926,619 $339,661 $726,874 $1,054,033 $2,906 $5,428,969 
Special mention301 2,413 13,324 9,015 689 19,411 — — 45,153 
Substandard19,143 6,363 10,277 9,271 2,083 9,723 9,558 — 66,418 
Doubtful— 1,160 5,525 5,804 683 2,231 — — 15,403 
Loss— — — 329 1,531 1,745 — — 3,605 
Total term, net$442,906 $822,145 $1,172,331 $951,038 $344,647 $759,984 $1,063,591 $2,906 $5,559,548 
Current YTD period:
Gross charge-offs$— $625 $1,246 $774 $319 $605 $820 $— $4,389 
Lines of credit & other, net
Credit quality indicator:
Pass/Watch$55,248 $87,188 $70,624 $25,376 $10,380 $24,589 $2,072,679 $25,572 $2,371,656 
Special mention511 1,385 614 452 15 102 35,714 687 39,480 
Substandard33,626 3,505 3,241 161 — 132 101,046 5,396 147,107 
Doubtful— — — — — — 199 — 199 
Loss— — 191 — — — — — 191 
Total lines of credit & other, net$89,385 $92,078 $74,670 $25,989 $10,395 $24,823 $2,209,638 $31,655 $2,558,633 
Current YTD period:
Gross charge-offs$— $309 $309 $32 $42 $384 $18,798 $1,107 $20,981 
Leases & equipment finance, net
Credit quality indicator:
Pass/Watch$348,475 $555,894 $396,315 $145,332 $59,880 $63,466 $— $— $1,569,362 
Special mention459 44,362 12,718 4,216 777 412 — — 62,944 
Substandard2,136 8,606 11,499 4,793 1,436 1,934 — — 30,404 
Doubtful459 8,648 17,401 6,961 1,920 1,117 — — 36,506 
Loss20 907 1,259 435 55 51 — — 2,727 
Total leases & equipment finance, net$351,549 $618,417 $439,192 $161,737 $64,068 $66,980 $— $— $1,701,943 
Current YTD period:
Gross charge-offs$— $9,668 $29,002 $11,349 $3,279 $2,125 $— $— $55,423 
Total commercial$883,840 $1,532,640 $1,686,193 $1,138,764 $419,110 $851,787 $3,273,229 $34,561 $9,820,124 
Residential:
Mortgage, net
Credit quality indicator:
Pass/Watch$77,660 $245,163 $1,825,600 $2,179,061 $501,053 $1,098,078 $— $— $5,926,615 
Special mention2,138 1,359 294 3,431 330 6,390 — — 13,942 
Substandard2,041 6,685 5,586 5,025 2,977 18,457 — — 40,771 
Loss358 1,238 2,460 3,299 1,387 2,093 — — 10,835 
Total mortgage, net$82,197 $254,445 $1,833,940 $2,190,816 $505,747 $1,125,018 $— $— $5,992,163 
Current YTD period:
Gross charge-offs$— $— $— $292 $— $368 $— $— $660 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
June 30, 202420242023202220212020PriorTotal
Home equity loans & lines, net
Credit quality indicator:
Pass/Watch$62 $915 $2,747 $1,825 $626 $43,186 $1,906,045 $14,349 $1,969,755 
Special mention— — 237 44 — 1,463 7,925 440 10,109 
Substandard— — — — — 480 306 243 1,029 
Loss— — — — 101 640 820 332 1,893 
Total home equity loans & lines, net$62 $915 $2,984 $1,869 $727 $45,769 $1,915,096 $15,364 $1,982,786 
Current YTD period:
Gross charge-offs$— $— $— $— $— $109 $225 $— $334 
Total residential$82,259 $255,360 $1,836,924 $2,192,685 $506,474 $1,170,787 $1,915,096 $15,364 $7,974,949 
Consumer & other, net:
Credit quality indicator:
Pass/Watch$19,763 $21,138 $12,441 $5,863 $3,860 $6,648 $121,010 $449 $191,172 
Special mention55 49 22 — — 61 642 183 1,012 
Substandard— 6 — — — 3 146 66 221 
Total consumer & other, net$19,818 $21,193 $12,463 $5,863 $3,860 $6,712 $121,798 $698 $192,405 
Current YTD period:
Gross charge-offs$— $1,614 $94 $25 $— $236 $1,170 $282 $3,421 
Grand total$1,690,443 $3,624,476 $8,764,286 $7,583,754 $2,536,686 $7,745,454 $5,705,320 $59,568 $37,709,987 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 202320232022202120202019PriorTotal
Commercial real estate:
Non-owner occupied term, net
Credit quality indicator:
Pass/Watch$582,178 $1,307,143 $1,182,485 $615,021 $764,821 $1,832,231 $41,194 $— $6,325,073 
Special mention— 317 3,478 1,337 2,480 16,352 — — 23,964 
Substandard32,461 749 — 1,090 35,214 64,304 — — 133,818 
Loss— — — — — 85 — — 85 
Total non-owner occupied term, net$614,639 $1,308,209 $1,185,963 $617,448 $802,515 $1,912,972 $41,194 $— $6,482,940 
Prior Year End period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Owner occupied term, net
Credit quality indicator:
Pass/Watch$532,482 $1,067,388 $972,130 $448,569 $581,616 $1,351,172 $67,063 $— $5,020,420 
Special mention1,575 5,950 6,175 4,945 14,610 15,513 1,932 — 50,700 
Substandard4,034 7,707 48,281 17,275 10,513 35,216 — — 123,026 
Doubtful— — — — — 90 — — 90 
Loss— 963 — 404 — 2 — — 1,369 
Total owner occupied term, net$538,091 $1,082,008 $1,026,586 $471,193 $606,739 $1,401,993 $68,995 $— $5,195,605 
Prior Year End period:
Gross charge-offs$— $16 $— $— $— $787 $— $— $803 
Multifamily, net
Credit quality indicator:
Pass/Watch$272,084 $1,982,075 $1,660,492 $400,280 $590,379 $745,705 $51,480 $— $5,702,495 
Special mention— — 1,278 — 961 — — — 2,239 
Total multifamily, net$272,084 $1,982,075 $1,661,770 $400,280 $591,340 $745,705 $51,480 $— $5,704,734 
Prior Year End period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Construction & development, net
Credit quality indicator:
Pass/Watch$248,623 $716,207 $530,305 $186,680 $21,990 $10,738 $31,289 $— $1,745,832 
Special mention— 1,470 — — — — — — 1,470 
Total construction & development, net$248,623 $717,677 $530,305 $186,680 $21,990 $10,738 $31,289 $— $1,747,302 
Prior Year End period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Residential development, net
Credit quality indicator:
Pass/Watch$90,241 $86,078 $22,271 $— $— $1,329 $116,490 $6,149 $322,558 
Special mention— — — — — — 1,341 — 1,341 
Total residential development, net$90,241 $86,078 $22,271 $— $— $1,329 $117,831 $6,149 $323,899 
Prior Year End period:
Gross charge-offs$— $— $— $— $— $— $— $— $— 
Total commercial real estate$1,763,678 $5,176,047 $4,426,895 $1,675,601 $2,022,584 $4,072,737 $310,789 $6,149 $19,454,480 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 202320232022202120202019PriorTotal
Commercial:
Term, net
Credit quality indicator:
Pass/Watch$835,662 $1,215,539 $933,970 $391,735 $271,974 $560,595 $1,097,630 $50,874 $5,357,979 
Special mention23,250 14,875 29,128 109 3,340 16,476 — — 87,178 
Substandard2,911 13,862 13,981 3,068 7,385 7,859 31,399 4,139 84,604 
Doubtful— 1,329 335 796 197 699 — — 3,356 
Loss— 415 — 648 51 2,534 — — 3,648 
Total term, net$861,823 $1,246,020 $977,414 $396,356 $282,947 $588,163 $1,129,029 $55,013 $5,536,765 
Prior Year End period:
Gross charge-offs$3,000 $1,418 $— $415 $389 $886 $44 $808 $6,960 
Lines of credit & other, net
Credit quality indicator:
Pass/Watch$105,360 $105,791 $58,441 $12,266 $10,927 $16,108 $1,922,115 $5,676 $2,236,684 
Special mention476 635 394 — — 80 61,927 403 63,915 
Substandard7,807 4,161 — — — 593 83,304 32,509 128,374 
Doubtful— — — — — — 48 211 259 
Loss— 693 200 — 1 1 — — 895 
Total lines of credit & other, net$113,643 $111,280 $59,035 $12,266 $10,928 $16,782 $2,067,394 $38,799 $2,430,127 
Prior Year End period:
Gross charge-offs$30 $168 $— $47 $144 $45 $1,058 $1,809 $3,301 
Leases & equipment finance, net
Credit quality indicator:
Pass/Watch$682,866 $501,867 $200,499 $92,402 $61,065 $33,908 $— $— $1,572,607 
Special mention46,806 15,962 6,182 1,688 7,224 77 — — 77,939 
Substandard7,094 15,274 6,704 2,163 1,246 1,161 — — 33,642 
Doubtful5,833 22,566 9,036 3,161 1,700 208 — — 42,504 
Loss395 1,485 581 292 58 9 — — 2,820 
Total leases & equipment finance, net$742,994 $557,154 $223,002 $99,706 $71,293 $35,363 $— $— $1,729,512 
Prior Year End period:
Gross charge-offs$2,324 $47,116 $31,569 $9,111 $6,394 $3,087 $— $— $99,601 
Total commercial$1,718,460 $1,914,454 $1,259,451 $508,328 $365,168 $640,308 $3,196,423 $93,812 $9,696,404 
Residential:
Mortgage, net
Credit quality indicator:
Pass/Watch$221,207 $1,845,395 $2,355,420 $521,177 $443,152 $735,801 $— $— $6,122,152 
Special mention1,125 916 1,737 651 1,156 4,109 — — 9,694 
Substandard1,851 2,617 2,826 787 1,759 8,746 — — 18,586 
Loss159 2,724 970 851 220 1,810 — — 6,734 
Total mortgage, net$224,342 $1,851,652 $2,360,953 $523,466 $446,287 $750,466 $— $— $6,157,166 
Prior Year End period:
Gross charge-offs$— $— $— $— $— $6 $— $— $6 
(in thousands)Term Loans Amortized Cost Basis by Origination YearRevolving Loans Amortized Cost BasisRevolving to Non-Revolving Loans Amortized Cost
December 31, 202320232022202120202019PriorTotal
Home equity loans & lines, net
Credit quality indicator:
Pass/Watch$562 $1,242 $1,056 $100 $896 $35,677 $1,870,270 $17,807 $1,927,610 
Special mention— — — — 114 378 5,052 1,230 6,774 
Substandard— — — — 137 190 1,278 174 1,779 
Loss14 — — — — 85 1,286 618 2,003 
Total home equity loans & lines, net$576 $1,242 $1,056 $100 $1,147 $36,330 $1,877,886 $19,829 $1,938,166 
Prior Year End period:
Gross charge-offs$— $— $12 $29 $— $52 $448 $— $541 
Total residential$224,918 $1,852,894 $2,362,009 $523,566 $447,434 $786,796 $1,877,886 $19,829 $8,095,332 
Consumer & other, net:
Credit quality indicator:
Pass/Watch$39,977 $14,919 $7,132 $4,953 $3,441 $5,022 $118,125 $543 $194,112 
Special mention138 52 5 13 52 122 779 135 1,296 
Substandard— — — — 3 1 251 63 318 
Loss— — — — — 7 2 — 9 
Total consumer & other, net$40,115 $14,971 $7,137 $4,966 $3,496 $5,152 $119,157 $741 $195,735 
Prior Year End period:
Gross charge-offs$3,313 $132 $23 $20 $29 $288 $1,485 $472 $5,762 
Grand total$3,747,171 $8,958,366 $8,055,492 $2,712,461 $2,838,682 $5,504,993 $5,504,255 $120,531 $37,441,951