At September 30, 2025, the ACL was $492 million, an increase of $51 million from the December 31, 2024 balance of $441 million. The change in the total ACL reflects credit migration trends, changes in the economic assumptions, and a recalibration of the commercial real estate, residential mortgage, and home equity line of credit CECL models in the first quarter of 2025, and the initial provision booked for the acquired Pacific Premier loan portfolio. To calculate the ACL, management uses models to estimate PD and LGD for loans and leases, incorporating forecasted economic conditions and macroeconomic variables. The Bank considers the current financial environment and various economic scenarios, selecting the most probable scenario at each measurement date. Forecasts for each variable are updated and incorporated into the ACL calculation. Projected macroeconomic variables over the forecast period can materially impact the ACL, with projections becoming less certain over time.

The forecast used to calculate the ACL as of September 30, 2025 is projecting higher GDP growth, lower unemployment rates, and average federal funds rates trending lower. This is compared to the December 31, 2024 ACL calculation, which used Moody’s Analytics’ November 2024 consensus economic forecast to forecast the variables used in the models. Management reviewed the results derived from the economic scenarios and subsequent changes in macroeconomic variables for sensitivity analysis, considering these factors when evaluating qualitative adjustments.

Along with the quantitative factors produced by the above models, management also considers prepayment speeds and qualitative factors when determining the ACL. As of September 30, 2025, the Company evaluated qualitative factors and applied upward adjustments to the quantitative results for the ACL, which is directionally consistent with the upward adjustments made as of December 31, 2024. These overlays primarily focus on the commercial real estate and commercial loan portfolios and are intended to align the portfolios more closely with the S2 Scenario. This approach helps ensure that the allowance remains appropriately resilient and responsive to emerging risks, thereby supporting the resilience of the Bank's credit portfolio. By incorporating these targeted overlays, we aim to enhance the accuracy and robustness of our risk management strategy, providing a more comprehensive and adaptive approach to potential economic shifts. While qualitative overlays are applied, the ACL continues to be largely driven by modeled results, as management determined that the models adequately reflect the significant changes in credit conditions and overall portfolio risk.

The following tables summarize activity related to the ACL by portfolio segment for the periods indicated:


	Three Months Ended September 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	160	$	220	$	34	$	7	$	421
Initial ACL on PCD loans acquired during the period	4		1		—		—		5
Provision for credit losses on loans and leases	44		22		2		1		69
Charge-offs	(3)		(22)		—		(2)		(27)
Recoveries	—		4		—		1		5
Net charge-offs	(3)		(18)		—		(1)		(22)
Balance, end of period	$	205	$	225	$	36	$	7	$	473
Reserve for unfunded commitments
Balance, beginning of period	$	8	$	8	$	1	$	1	$	18

Provision (recapture) for credit losses on unfunded commitments	2		(1)		—		—		1
Balance, end of period	10		7		1		1		19
Total allowance for credit losses	$	215	$	232	$	37	$	8	$	492

	Nine Months Ended September 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	154	$	219	$	45	$	7	$	425
Initial ACL on PCD loans acquired during the period	4		1		—		—		5
Provision (recapture) for credit losses on loans and leases	50		80		(8)		2		124
Charge-offs	(3)		(88)		(1)		(4)		(96)
Recoveries	—		13		—		2		15
Net charge-offs	(3)		(75)		(1)		(2)		(81)
Balance, end of period	$	205	$	225	$	36	$	7	$	473
Reserve for unfunded commitments
Balance, beginning of period	$	6	$	7	$	2	$	1	$	16

Provision (recapture) for credit losses on unfunded commitments	4		—		(1)		—		3
Balance, end of period	10		7		1		1		19
Total allowance for credit losses	$	215	$	232	$	37	$	8	$	492


	Three Months Ended September 30, 2024
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	143	$	220	$	49	$	7	$	419
Provision (recapture) for credit losses on loans and leases	15		17		(2)		1		31
Charge-offs	—		(33)		(1)		(1)		(35)
Recoveries	—		5		—		—		5
Net charge-offs	—		(28)		(1)		(1)		(30)
Balance, end of period	$	158	$	209	$	46	$	7	$	420
Reserve for unfunded commitments
Balance, beginning of period	$	10	$	7	$	2	$	1	$	20
Recapture for credit losses on unfunded commitments	(2)		—		—		—		(2)
Balance, end of period	8		7		2		1		18
Total allowance for credit losses	$	166	$	216	$	48	$	8	$	438

	Nine Months Ended September 30, 2024
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	126	$	245	$	62	$	8	$	441
Provision (recapture) for credit losses on loans and leases	32		63		(15)		3		83
Charge-offs	(1)		(113)		(2)		(5)		(121)
Recoveries	1		14		1		1		17
Net charge-offs	—		(99)		(1)		(4)		(104)
Balance, end of period	$	158	$	209	$	46	$	7	$	420
Reserve for unfunded commitments
Balance, beginning of period	$	11	$	8	$	3	$	1	$	23
Recapture for credit losses on unfunded commitments	(3)		(1)		(1)		—		(5)
Balance, end of period	8		7		2		1		18
Total allowance for credit losses	$	166	$	216	$	48	$	8	$	438

The Bank actively manages asset quality and controls credit risk through diversification of the loan and lease portfolio and the application of policies designed to promote sound underwriting and loan and lease monitoring practices. The Bank's Credit Quality Administration department is charged with monitoring asset quality, establishing credit policies and procedures, and enforcing the consistent application of these policies and procedures across the Bank. The Bank conducts ongoing reviews of non-performing, past due loans and leases and larger credits, designed to identify potential charges to the ACL, and to determine the adequacy of the ACL. These reviews incorporate a variety of factors, including the financial strength of borrowers, collateral valuations, loan and lease loss experience, estimated loan and lease losses, growth in the loan and lease portfolio, prevailing economic conditions, and other relevant factors.

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status when, in management's opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. As of September 30, 2025 and December 31, 2024, loans and leases on non-accrual status with no related ACL was $2 million and $4 million, respectively, excluding collateral-dependent loans and leases that have been written down to net realizable value without an associated ACL of $70 million and $59 million, respectively. The remaining balance of non-accrual loans are substantially covered by government guarantees. The Company recognized no interest income on non-accrual loans and leases during the three and nine months ended September 30, 2025 and 2024.

The following tables present the carrying value of the loans and leases past due, by loan and lease class, as of the dates presented:


	September 30, 2025
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	8	$	2	$	—	$	10	$	38	$	8,396	$	8,444
Owner occupied term	3		—		—		3		15		7,343		7,361
Multifamily	—		—		—		—		—		10,377		10,377
Construction & development	—		—		—		—		—		2,071		2,071
Residential development	—		—		—		—		—		367		367
Commercial
Term	4		5		—		9		26		6,555		6,590
Lines of credit & other	4		3		—		7		24		3,551		3,582
Leases & equipment finance	15		15		5		35		17		1,562		1,614
Residential
Mortgage (1)	—		12		65		77		—		5,645		5,722
Home equity loans & lines	9		4		8		21		—		2,132		2,153
Consumer & other	1		—		—		1		—		180		181
Total, net of deferred fees and costs	$	44	$	41	$	78	$	163	$	120	$	48,179	$	48,462


	December 31, 2024
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	28	$	—	$	—	$	28	$	14	$	6,236	$	6,278
Owner occupied term	1		—		—		1		25		5,244		5,270
Multifamily	—		—		—		—		—		5,804		5,804
Construction & development	—		—		—		—		—		1,983		1,983
Residential development	—		—		—		—		—		232		232
Commercial
Term	2		1		—		3		29		5,506		5,538
Lines of credit & other	5		6		—		11		7		2,752		2,770
Leases & equipment finance	15		17		5		37		21		1,603		1,661
Residential
Mortgage (1)	—		18		61		79		—		5,854		5,933
Home equity loans & lines	6		5		7		18		—		2,014		2,032
Consumer & other	1		—		—		1		—		179		180
Total, net of deferred fees and costs	$	58	$	47	$	73	$	178	$	96	$	37,407	$	37,681

Loans and leases are classified as collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The following tables summarize the amortized cost basis of the collateral-dependent loans and leases by the type of collateral securing the assets as of the periods indicated:


	September 30, 2025
(in millions)	Residential Real Estate		Commercial Real Estate		General Business Assets		Total
Commercial real estate
Non-owner occupied term	$	—	$	35	$	—	$	35
Owner occupied term	—		11		—		11



Commercial
Term	—		1		17		18
Lines of credit & other	—		2		20		22
Leases & equipment finance	—		—		17		17
Residential
Mortgage	66		—		—		66
Home equity loans & lines	2		—		—		2

Total, net of deferred fees and costs	$	68	$	49	$	54	$	171


	Three Months Ended September 30, 2025
(in millions)		Term Extension		Other -Than-Insignificant Payment Delay		Combo - Interest Rate Reduction and Term Extension		Combo - Term Extension and Other-than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term		$	4	$	—	$	—	$	—	$	4	0.05	%
Owner occupied term		7		—		1		—		8		0.11	%

Construction & development		3		—		15		—		18		0.87	%

Commercial
Term		—		—		1		—		1		0.02	%
Lines of credit & other		4		—		—		—		4		0.11	%
Leases & equipment finance		1		—		—		—		1		0.06	%
Residential
Mortgage		—		6		—		3		9		0.16	%


Total modified loans and leases experiencing financial difficulty		$	19	$	6	$	17	$	3	$	45	0.09	%


	Nine Months Ended September 30, 2025
(in millions)	Term Extension		Other -Than-Insignificant Payment Delay		Combo - Interest Rate Reduction and Term Extension		Combo - Term Extension and Other than Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	4	$	—	$	21	$	—	$	25	0.30	%
Owner occupied term	9		11		1		—		21		0.29	%

Construction & development	3		—		15		—		18		0.87	%

Commercial
Term	1		7		11		—		19		0.29	%
Lines of credit & other	11		1		—		1		13		0.36	%
Leases & equipment finance	3		—		—		—		3		0.19	%
Residential
Mortgage	—		18		—		5		23		0.40	%


Total modified loans and leases experiencing financial difficulty	$	31	$	37	$	48	$	6	$	122	0.25	%


	Nine Months Ended September 30, 2024
(in millions)	Interest Rate Reduction		Term Extension		Other -Than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	—	$	—	$	18	$	18	0.28	%
Owner occupied term	4		—		1		5		0.10	%

Construction & development	—		2		—		2		0.10	%

Commercial
Term	1		7		1		9		0.17	%
Lines of credit & other	—		12		—		12		0.45	%
Leases & equipment finance	—		2		—		2		0.12	%
Residential
Mortgage	—		4		15		19		0.32	%


Total modified loans and leases experiencing financial difficulty	$	5	$	27	$	35	$	67	0.18	%

The following tables present the financial effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:


	Three Months Ended September 30, 2025
	Interest Rate Reduction		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	—		9 months	—
Owner occupied term	0.80	%	3 months	—

Construction & development	8.20	%	4 months	—

Commercial
Term	3.00	%	2.3 years	—
Lines of credit & other	—		8 months	—
Leases & equipment finance	—		1.0 year	—
Residential
Mortgage	—		13.0 years	$	1


	Nine Months Ended September 30, 2025
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	3.54	%	1.7 years	—
Owner occupied term	0.80	%	4 months	$	1

Construction & development	8.20	%	4 months	—

Commercial
Term	3.41	%	1.9 years	$	1
Lines of credit & other	—		8 months	$	3
Leases & equipment finance	—		1.1 years	—
Residential
Mortgage	—		11.9 years	$	2


	Nine Months Ended September 30, 2024
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term, net	—		—	$	4
Owner occupied term	3.79	%	—	—

Construction & development	—		7 months	—

Commercial
Term	5.00	%	11 months	—
Lines of credit & other	—		8 months	—
Leases & equipment finance	—		11 months	—
Residential
Mortgage	—		7.5 years	$	1

The Company closely monitors the performance of loans and leases to borrowers experiencing financial difficulty that are modified 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 that, within twelve months of the modification date, experienced a subsequent default during the periods presented:


	Three Months Ended September 30, 2025
(in millions)		Term Extension		Other-Than-Insignificant Payment Delay		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total










Residential
Mortgage		$	1	$	4	$	1	$	6


Total loans and leases experiencing financial difficulty with a subsequent default		$	1	$	4	$	1	$	6

The following tables present an age analysis of loans and leases as of September 30, 2025 and 2024 that have been modified within the prior twelve months:


	September 30, 2025
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	25	$	—	$	—	$	—	$	—	$	25
Owner occupied term	21		—		—		—		1		22

Construction & development	18		—		—		—		—		18

Commercial
Term	14		2		4		—		9		29
Lines of credit & other	8		1		—		—		5		14
Leases & equipment finance	2		—		—		—		—		2
Residential
Mortgage	24		—		2		5		—		31


Total loans and leases modified	$	112	$	3	$	6	$	5	$	15	$	141


	September 30, 2024
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	47	$	—	$	—	$	—	$	—	$	47
Owner occupied term	2		—		—		—		4		6

Construction & development	2		—		—		—		—		2

Commercial
Term	10		—		—		—		1		11
Lines of credit & other	51		—		—		—		2		53
Leases & equipment finance	2		—		—		—		—		2
Residential
Mortgage	22		—		2		5		—		29


Total loans and leases modified	$	136	$	—	$	2	$	5	$	7	$	150

Management regularly reviews loans and leases in the portfolio to assess credit quality indicators and to determine appropriate loan classification and grading. The Bank separates its loans and lease portfolios into homogeneous and non-homogeneous categories. Homogeneous loans are rated based on past due status and may enter a higher risk rating scale if modified, requiring six months of timely payments to return to the original scale. Non-homogeneous loans use a dual risk rating approach: the PD scale measures the likelihood of default, and the LGD scale measures potential loss if a default occurs. The product of PD and LGD gives the expected loss, providing a common language of credit risk across different loans. For more information about the Company's credit quality indicators, refer to Note 6 – Allowance for Credit Losses included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024.

The following tables present the amortized cost basis of the loans and leases by credit classification and vintage year by loan and lease class of financing receivable, as well as gross charge-offs for the dates presented:


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2025	2025		2024		2023		2022		2021		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	630	$	285	$	536	$	1,734	$	1,701	$	3,334	$	33	$	—	$	8,253
	Special mention	—		6		—		12		—		43		—		—		61
	Substandard	27		—		1		22		12		63		—		—		125
	Doubtful	—		—		—		2		—		1		—		—		3
	Loss	—		—		—		—		1		1		—		—		2
Total non-owner occupied term		$	657	$	291	$	537	$	1,770	$	1,714	$	3,442	$	33	$	—	$	8,444
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	3	$	—	$	—	$	3
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	654	$	506	$	519	$	1,370	$	1,357	$	2,513	$	13	$	65	$	6,997
	Special mention	5		54		2		62		63		57		11		—		254
	Substandard	6		6		5		7		21		55		—		1		101
	Doubtful	—		3		—		3		—		—		—		—		6
	Loss	—		—		—		—		1		2		—		—		3
Total owner occupied term		$	665	$	569	$	526	$	1,442	$	1,442	$	2,627	$	24	$	66	$	7,361
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Multifamily
Credit quality indicator:
	Pass/Watch	$	418	$	338	$	384	$	2,795	$	3,242	$	3,045	$	102	$	—	$	10,324
	Special mention	—		—		14		10		2		22		—		—		48
	Substandard	—		—		—		3		2		—		—		—		5


Total multifamily		$	418	$	338	$	398	$	2,808	$	3,246	$	3,067	$	102	$	—	$	10,377
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	174	$	494	$	541	$	450	$	97	$	92	$	25	$	2	$	1,875
	Special mention	41		20		31		50		—		—		1		—		143
	Substandard	15		—		—		38		—		—		—		—		53


Total construction & development		$	230	$	514	$	572	$	538	$	97	$	92	$	26	$	2	$	2,071
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	71	$	73	$	2	$	7	$	—	$	—	$	202	$	2	$	357
	Special mention	—		—		—		3		—		—		7		—		10



Total residential development		$	71	$	73	$	2	$	10	$	—	$	—	$	209	$	2	$	367
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	2,041	$	1,785	$	2,035	$	6,568	$	6,499	$	9,228	$	394	$	70	$	28,620


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2025	2025		2024		2023		2022		2021		Prior						Total

Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	887	$	1,000	$	513	$	937	$	850	$	987	$	1,142	$	4	$	6,320
	Special mention	3		8		53		66		26		13		35		—		204
	Substandard	22		7		1		3		7		6		3		1		50
	Doubtful	1		—		—		4		—		5		—		—		10
	Loss	—		—		—		1		2		3		—		—		6
Total term		$	913	$	1,015	$	567	$	1,011	$	885	$	1,014	$	1,180	$	5	$	6,590
Current YTD period:
	Gross charge-offs	$	—	$	—	$	1	$	—	$	1	$	2	$	—	$	—	$	4
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	54	$	89	$	31	$	52	$	16	$	20	$	3,056	$	87	$	3,405
	Special mention	1		—		—		—		—		—		111		1		113
	Substandard	4		17		—		1		—		—		25		16		63
	Doubtful	—		—		—		—		—		—		1		—		1

Total lines of credit & other		$	59	$	106	$	31	$	53	$	16	$	20	$	3,193	$	104	$	3,582
Current YTD period:
	Gross charge-offs	$	—	$	15	$	—	$	1	$	—	$	1	$	7	$	4	$	28
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	458	$	462	$	316	$	189	$	50	$	38	$	—	$	—	$	1,513
	Special mention	2		5		5		3		1		—		—		—		16
	Substandard	4		6		35		9		2		—		—		—		56
	Doubtful	1		7		9		8		3		—		—		—		28
	Loss	—		1		—		—		—		—		—		—		1
Total leases & equipment finance		$	465	$	481	$	365	$	209	$	56	$	38	$	—	$	—	$	1,614
Current YTD period:
	Gross charge-offs	$	—	$	11	$	18	$	18	$	6	$	3	$	—	$	—	$	56

Total commercial		$	1,437	$	1,602	$	963	$	1,273	$	957	$	1,072	$	4,373	$	109	$	11,786

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	187	$	274	$	186	$	1,670	$	1,866	$	1,464	$	—	$	—	$	5,647
	Special mention	2		—		1		2		2		5		—		—		12
	Substandard	1		2		1		6		7		11		—		—		28

	Loss	2		5		3		5		10		10		—		—		35
Total mortgage		$	192	$	281	$	191	$	1,683	$	1,885	$	1,490	$	—	$	—	$	5,722
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2025	2025		2024		2023		2022		2021		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	1	$	—	$	3	$	6	$	2	$	49	$	2,039	$	32	$	2,132
	Special mention	—		—		—		—		1		2		10		1		14
	Substandard	—		—		—		—		—		—		3		—		3

	Loss	—		—		—		1		—		—		2		1		4
Total home equity loans & lines		$	1	$	—	$	3	$	7	$	3	$	51	$	2,054	$	34	$	2,153
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	1

Total residential		$	193	$	281	$	194	$	1,690	$	1,888	$	1,541	$	2,054	$	34	$	7,875

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	16	$	8	$	11	$	7	$	3	$	7	$	128	$	—	$	180
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	16	$	8	$	11	$	7	$	3	$	7	$	129	$	—	$	181
Current YTD period:
	Gross charge-offs	$	1	$	1	$	—	$	—	$	—	$	1	$	1	$	—	$	4

Grand total		$	3,687	$	3,676	$	3,203	$	9,538	$	9,347	$	11,848	$	6,950	$	213	$	48,462


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2024	2024		2023		2022		2021		2020		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	290	$	564	$	1,246	$	1,132	$	569	$	2,289	$	26	$	12	$	6,128
	Special mention	—		—		9		1		—		21		—		—		31
	Substandard	7		31		21		—		—		56		—		—		115
	Doubtful	—		—		2		1		—		1		—		—		4

Total non-owner occupied term		$	297	$	595	$	1,278	$	1,134	$	569	$	2,367	$	26	$	12	$	6,278
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	3	$	—	$	—	$	3
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	526	$	499	$	1,015	$	867	$	398	$	1,639	$	79	$	5	$	5,028
	Special mention	—		1		23		81		18		39		2		—		164
	Substandard	4		8		8		4		20		25		—		—		69
	Doubtful	3		—		3		—		—		1		—		—		7
	Loss	—		—		1		—		—		1		—		—		2
Total owner occupied term		$	533	$	508	$	1,050	$	952	$	436	$	1,705	$	81	$	5	$	5,270
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	1	$	—	$	—	$	—	$	—	$	—	$	1
Multifamily
Credit quality indicator:
	Pass/Watch	$	169	$	254	$	1,995	$	1,634	$	406	$	1,224	$	93	$	—	$	5,775
	Special mention	—		—		4		7		—		12		—		—		23
	Substandard	—		—		3		2		—		1		—		—		6


Total multifamily		$	169	$	254	$	2,002	$	1,643	$	406	$	1,237	$	93	$	—	$	5,804
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	473	$	504	$	747	$	129	$	79	$	19	$	14	$	—	$	1,965
	Special mention	2		—		1		15		—		—		—		—		18



Total construction & development		$	475	$	504	$	748	$	144	$	79	$	19	$	14	$	—	$	1,983
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	62	$	6	$	5	$	1	$	—	$	1	$	154	$	3	$	232




Total residential development		$	62	$	6	$	5	$	1	$	—	$	1	$	154	$	3	$	232
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	1,536	$	1,867	$	5,083	$	3,874	$	1,490	$	5,329	$	368	$	20	$	19,567


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2024	2024		2023		2022		2021		2020		Prior						Total
Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	827	$	650	$	1,047	$	789	$	297	$	619	$	1,080	$	21	$	5,330
	Special mention	2		48		26		8		—		14		37		—		135
	Substandard	25		2		10		5		3		10		—		—		55
	Doubtful	1		1		4		4		1		2		—		—		13
	Loss	—		—		1		1		1		2		—		—		5
Total term		$	855	$	701	$	1,088	$	807	$	302	$	647	$	1,117	$	21	$	5,538
Prior Year End period:
	Gross charge-offs	$	1	$	3	$	2	$	1	$	1	$	1	$	4	$	—	$	13
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	99	$	42	$	55	$	19	$	9	$	10	$	2,382	$	16	$	2,632
	Special mention	—		2		1		—		—		—		31		4		38
	Substandard	34		2		1		—		—		—		54		9		100


Total lines of credit & other		$	133	$	46	$	57	$	19	$	9	$	10	$	2,467	$	29	$	2,770
Prior Year End period:
	Gross charge-offs	$	—	$	1	$	—	$	—	$	—	$	1	$	20	$	3	$	25
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	603	$	457	$	296	$	102	$	32	$	46	$	—	$	—	$	1,536
	Special mention	10		39		9		2		1		—		—		—		61
	Substandard	5		9		9		3		1		1		—		—		28
	Doubtful	4		10		14		5		1		—		—		—		34
	Loss	—		1		1		—		—		—		—		—		2
Total leases & equipment finance		$	622	$	516	$	329	$	112	$	35	$	47	$	—	$	—	$	1,661
Prior Year End period:
	Gross charge-offs	$	2	$	23	$	49	$	19	$	5	$	3	$	—	$	—	$	101

Total commercial		$	1,610	$	1,263	$	1,474	$	938	$	346	$	704	$	3,584	$	50	$	9,969

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	236	$	232	$	1,777	$	2,097	$	473	$	1,042	$	—	$	—	$	5,857
	Special mention	2		3		2		3		1		8		—		—		19
	Substandard	3		5		5		11		2		16		—		—		42

	Loss	1		2		4		4		1		3		—		—		15
Total mortgage		$	242	$	242	$	1,788	$	2,115	$	477	$	1,069	$	—	$	—	$	5,933
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	1	$	—	$	—	$	1	$	—	$	—	$	2


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2024	2024		2023		2022		2021		2020		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	1	$	1	$	2	$	1	$	1	$	38	$	1,941	$	30	$	2,015
	Special mention	—		—		—		—		—		1		8		1		10
	Substandard	—		—		—		—		—		—		1		1		2

	Loss	—		—		—		—		—		1		2		2		5
Total home equity loans & lines		$	1	$	1	$	2	$	1	$	1	$	40	$	1,952	$	34	$	2,032
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total residential		$	243	$	243	$	1,790	$	2,116	$	478	$	1,109	$	1,952	$	34	$	7,965

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	22	$	16	$	10	$	5	$	3	$	5	$	117	$	1	$	179
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	22	$	16	$	10	$	5	$	3	$	5	$	118	$	1	$	180
Prior Year End period:
	Gross charge-offs	$	—	$	3	$	—	$	—	$	—	$	—	$	2	$	1	$	6

Grand total		$	3,411	$	3,389	$	8,357	$	6,933	$	2,317	$	7,147	$	6,022	$	105	$	37,681