XML 35 R25.htm IDEA: XBRL DOCUMENT v3.23.1
Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2023
Accounts Notes And Loans Receivable [Line Items]  
Loans, Net of Unearned Income The following table presents loans, net of unearned income, by portfolio class at March 31, 2023 and December 31, 2022.

 

 

March 31,

 

 

December 31,

 

($ in thousands)

 

2023

 

 

2022

 

Commercial non-real estate

 

$

10,013,482

 

 

$

10,146,453

 

Commercial real estate - owner occupied

 

 

3,050,748

 

 

 

3,033,058

 

Total commercial and industrial

 

 

13,064,230

 

 

 

13,179,511

 

Commercial real estate - income producing

 

 

3,758,455

 

 

 

3,560,991

 

Construction and land development

 

 

1,726,916

 

 

 

1,703,592

 

Residential mortgages

 

 

3,329,793

 

 

 

3,092,605

 

Consumer

 

 

1,525,129

 

 

 

1,577,347

 

Total loans

 

$

23,404,523

 

 

$

23,114,046

 
Allowance for Credit Losses by Portfolio Class The following tables present activity in the allowance for credit losses (ACL) by portfolio class for the three months ended March 31, 2023 and 2022, as well as the corresponding recorded investment in loans at the end of each period.

 

 

 

Commercial

 

Total

 

Commercial

 

 

 

 

 

 

 

 

 

 

Commercial

 

real estate-

 

commercial

 

real estate-

 

Construction

 

 

 

 

 

 

 

 

non-real

 

owner

 

and

 

income

 

and land

 

Residential

 

 

 

 

 

($ in thousands)

estate

 

occupied

 

industrial

 

producing

 

development

 

mortgages

 

Consumer

 

Total

 

 

Three Months Ended March 31, 2023

 

Allowance for credit losses

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

Beginning balance

$

96,461

 

$

48,284

 

$

144,745

 

$

71,961

 

$

30,498

 

$

32,464

 

$

28,121

 

$

307,789

 

Charge-offs

 

(4,528

)

 

—

 

 

(4,528

)

 

—

 

 

(61

)

 

(20

)

 

(3,363

)

 

(7,972

)

Recoveries

 

1,033

 

 

195

 

 

1,228

 

 

—

 

 

6

 

 

181

 

 

838

 

 

2,253

 

Net provision for loan losses

 

(320

)

 

(813

)

 

(1,133

)

 

4,231

 

 

459

 

 

1,916

 

 

1,842

 

 

7,315

 

Ending balance - allowance for loan losses

$

92,646

 

$

47,666

 

$

140,312

 

$

76,192

 

$

30,902

 

$

34,541

 

$

27,438

 

$

309,385

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

$

4,984

 

$

302

 

$

5,286

 

$

1,395

 

$

25,110

 

$

31

 

$

1,487

 

$

33,309

 

Provision for losses on unfunded commitments

 

(191

)

 

22

 

 

(169

)

 

493

 

 

(1,487

)

 

(14

)

 

(118

)

 

(1,295

)

Ending balance - reserve for unfunded lending commitments

 

4,793

 

 

324

 

 

5,117

 

 

1,888

 

 

23,623

 

 

17

 

 

1,369

 

 

32,014

 

Total allowance for credit losses

$

97,439

 

$

47,990

 

$

145,429

 

$

78,080

 

$

54,525

 

$

34,558

 

$

28,807

 

$

341,399

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

Collectively evaluated

 

92,646

 

 

47,666

 

 

140,312

 

 

76,192

 

 

30,902

 

 

34,541

 

 

27,438

 

 

309,385

 

Allowance for loan losses

$

92,646

 

$

47,666

 

$

140,312

 

$

76,192

 

$

30,902

 

$

34,541

 

$

27,438

 

$

309,385

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

Collectively evaluated

 

4,793

 

 

324

 

 

5,117

 

 

1,888

 

 

23,623

 

 

17

 

 

1,369

 

 

32,014

 

Reserve for unfunded lending commitments:

$

4,793

 

$

324

 

$

5,117

 

$

1,888

 

$

23,623

 

$

17

 

$

1,369

 

$

32,014

 

Total allowance for credit losses

$

97,439

 

$

47,990

 

$

145,429

 

$

78,080

 

$

54,525

 

$

34,558

 

$

28,807

 

$

341,399

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

$

10,273

 

$

684

 

$

10,957

 

$

1,120

 

$

—

 

$

1,135

 

$

—

 

$

13,212

 

Collectively evaluated

 

10,003,209

 

 

3,050,064

 

 

13,053,273

 

 

3,757,335

 

 

1,726,916

 

 

3,328,658

 

 

1,525,129

 

 

23,391,311

 

Total loans

$

10,013,482

 

$

3,050,748

 

$

13,064,230

 

$

3,758,455

 

$

1,726,916

 

$

3,329,793

 

$

1,525,129

 

$

23,404,523

 
Composition of Nonaccrual Loans and Without an Allowance for Loan Loss by Portfolio Class

The following table shows the composition of nonaccrual loans and those without an allowance for loan loss, by portfolio class.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2023

 

 

 

December 31, 2022

 

($ in thousands)

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

Commercial non-real estate

 

$

 

13,302

 

 

$

 

10,273

 

 

$

 

4,020

 

 

$

 

941

 

Commercial real estate - owner occupied

 

 

 

2,393

 

 

 

 

684

 

 

 

 

1,461

 

 

 

 

692

 

Total commercial and industrial

 

 

 

15,695

 

 

 

 

10,957

 

 

 

 

5,481

 

 

 

 

1,633

 

Commercial real estate - income producing

 

 

 

1,501

 

 

 

 

1,120

 

 

 

 

1,240

 

 

 

 

1,174

 

Construction and land development

 

 

 

340

 

 

 

 

—

 

 

 

 

309

 

 

 

 

—

 

Residential mortgages

 

 

 

30,111

 

 

 

 

1,135

 

 

 

 

25,269

 

 

 

 

1,884

 

Consumer

 

 

 

6,697

 

 

 

 

—

 

 

 

 

6,692

 

 

 

 

—

 

Total loans

 

$

 

54,344

 

 

$

 

13,212

 

 

$

 

38,991

 

 

 

 

4,691

 
Provides Detail by Portfolio Class for Reportable MEFDs

The table below provides detail by portfolio class for reportable MEFDs entered into during the three months ended March 31, 2023.

 

 

March 31, 2023

 

($ in thousands)

 

Balance

 

 

Percentage of portfolio class

 

Commercial non-real estate

 

$

934

 

 

 

0.01

%

Commercial real estate - owner occupied

 

 

684

 

 

 

0.02

%

Total commercial and industrial

 

 

1,618

 

 

 

0.01

%

Commercial real estate - income producing

 

 

—

 

 

 

—

 

Construction and land development

 

 

—

 

 

 

—

 

Residential mortgages

 

 

—

 

 

 

—

 

Consumer

 

 

—

 

 

 

—

 

Total reportable modified loans

 

$

1,618

 

 

 

0.01

%
Aging Analysis of Past Due Loans by Portfolio Class

The tables below present the aging analysis of past due loans by portfolio class at March 31, 2023 and December 31, 2022.

March 31, 2023

30-59
days
past due

 

60-89
days
past due

 

Greater
than
90 days
past due

 

Total
past due

 

Current

 

Total
Loans

 

Recorded
investment
> 90 days
and still
accruing

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

$

31,691

 

$

17,026

 

$

11,029

 

$

59,746

 

$

9,953,736

 

$

10,013,482

 

$

8,492

 

Commercial real estate - owner occupied

 

2,670

 

 

2,029

 

 

2,567

 

 

7,266

 

 

3,043,482

 

 

3,050,748

 

 

1,399

 

Total commercial and industrial

 

34,361

 

 

19,055

 

 

13,596

 

 

67,012

 

 

12,997,218

 

 

13,064,230

 

 

9,891

 

Commercial real estate - income producing

 

175

 

 

—

 

 

2,653

 

 

2,828

 

 

3,755,627

 

 

3,758,455

 

 

1,214

 

Construction and land development

 

2,304

 

 

359

 

 

217

 

 

2,880

 

 

1,724,036

 

 

1,726,916

 

 

126

 

Residential mortgages

 

29,903

 

 

8,055

 

 

13,684

 

 

51,642

 

 

3,278,151

 

 

3,329,793

 

 

167

 

Consumer

 

6,590

 

 

4,506

 

 

4,695

 

 

15,791

 

 

1,509,338

 

 

1,525,129

 

 

1,757

 

Total

$

73,333

 

$

31,975

 

$

34,845

 

$

140,153

 

$

23,264,370

 

$

23,404,523

 

$

13,155

 

 

December 31, 2022

30-59
days
past due

 

60-89
days
past due

 

Greater
than
90 days
past due

 

Total
past due

 

Current

 

Total
Loans

 

Recorded
investment
> 90 days
and still
accruing

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

$

4,050

 

$

21,329

 

$

3,418

 

$

28,797

 

$

10,117,656

 

$

10,146,453

 

$

996

 

Commercial real estate - owner occupied

 

19,069

 

 

3,346

 

 

1,894

 

 

24,309

 

 

3,008,749

 

 

3,033,058

 

 

1,623

 

Total commercial and industrial

 

23,119

 

 

24,675

 

 

5,312

 

 

53,106

 

 

13,126,405

 

 

13,179,511

 

 

2,619

 

Commercial real estate - income producing

 

879

 

 

—

 

 

1,174

 

 

2,053

 

 

3,558,938

 

 

3,560,991

 

 

—

 

Construction and land development

 

4,029

 

 

242

 

 

133

 

 

4,404

 

 

1,699,188

 

 

1,703,592

 

 

54

 

Residential mortgages

 

28,208

 

 

11,056

 

 

17,346

 

 

56,610

 

 

3,035,995

 

 

3,092,605

 

 

293

 

Consumer

 

8,845

 

 

2,806

 

 

4,407

 

 

16,058

 

 

1,561,289

 

 

1,577,347

 

 

1,619

 

Total

$

65,080

 

$

38,779

 

$

28,372

 

$

132,231

 

$

22,981,815

 

$

23,114,046

 

$

4,585

 

 
Credit Quality Indicators by Segment and Portfolio Class

The following tables present credit quality disclosures of amortized cost by portfolio class and vintage for term loans and by revolving and revolving converted to amortizing at March 31, 2023 and December 31, 2022. The Company defines vintage as the later of origination, renewal or modification date. The gross charge-offs presented in the table are for the three months ended March 31, 2023.

 

Term Loans

 

 

 

Revolving Loans

 

 

 

March 31, 2023

Amortized Cost Basis by Origination Year

 

Revolving

 

Converted to

 

 

 

 ($ in thousands)

2023

 

2022

 

2021

 

2020

 

2019

 

Prior

 

Loans

 

Term Loans

 

Total

 

Commercial Non-Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

443,067

 

$

2,385,284

 

$

1,362,105

 

$

592,762

 

$

505,331

 

$

958,298

 

$

3,214,349

 

$

49,851

 

$

9,511,047

 

Pass-Watch

 

18,434

 

 

54,455

 

 

32,893

 

 

30,343

 

 

7,487

 

 

58,113

 

 

73,146

 

 

2,196

 

 

277,067

 

Special Mention

 

32,611

 

 

5,560

 

 

522

 

 

1,837

 

 

4,198

 

 

1,145

 

 

8,984

 

 

141

 

 

54,998

 

Substandard

 

21,424

 

 

21,686

 

 

14,027

 

 

30,909

 

 

21,450

 

 

12,123

 

 

47,928

 

 

823

 

 

170,370

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Non-
Real Estate

$

515,536

 

$

2,466,985

 

$

1,409,547

 

$

655,851

 

$

538,466

 

$

1,029,679

 

$

3,344,407

 

$

53,011

 

$

10,013,482

 

Gross Charge-offs

$

—

 

$

309

 

$

170

 

$

463

 

$

12

 

$

33

 

$

2,993

 

$

548

 

$

4,528

 

Commercial Real Estate - Owner Occupied:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

86,006

 

$

643,498

 

$

641,601

 

$

526,654

 

$

315,352

 

$

677,090

 

$

34,237

 

$

12,848

 

$

2,937,286

 

Pass-Watch

 

1,985

 

 

8,785

 

 

4,558

 

 

3,668

 

 

15,513

 

 

17,228

 

 

954

 

 

—

 

 

52,691

 

Special Mention

 

—

 

 

46

 

 

—

 

 

543

 

 

603

 

 

6,360

 

 

—

 

 

—

 

 

7,552

 

Substandard

 

18,506

 

 

6,957

 

 

680

 

 

7,453

 

 

4,734

 

 

13,889

 

 

1,000

 

 

—

 

 

53,219

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Real
Estate - Owner Occupied

$

106,497

 

$

659,286

 

$

646,839

 

$

538,318

 

$

336,202

 

$

714,567

 

$

36,191

 

$

12,848

 

$

3,050,748

 

Gross Charge-offs

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

Commercial Real Estate - Income Producing:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

122,528

 

$

887,881

 

$

889,960

 

$

705,277

 

$

398,028

 

$

514,955

 

$

114,746

 

$

65

 

$

3,633,440

 

Pass-Watch

 

18,723

 

 

1,191

 

 

37

 

 

59,847

 

 

22,922

 

 

13,238

 

 

402

 

 

—

 

 

116,360

 

Special Mention

 

985

 

 

—

 

 

—

 

 

178

 

 

—

 

 

371

 

 

—

 

 

—

 

 

1,534

 

Substandard

 

3,535

 

 

397

 

 

319

 

 

1,214

 

 

8

 

 

1,648

 

 

—

 

 

—

 

 

7,121

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Real
Estate - Income Producing

$

145,771

 

$

889,469

 

$

890,316

 

$

766,516

 

$

420,958

 

$

530,212

 

$

115,148

 

$

65

 

$

3,758,455

 

Gross Charge-offs

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

Construction and Land Development:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

155,497

 

$

748,153

 

$

545,932

 

$

103,183

 

$

7,786

 

$

24,241

 

$

126,158

 

$

5,379

 

$

1,716,329

 

Pass-Watch

 

2,408

 

 

3,185

 

 

2,670

 

 

96

 

 

522

 

 

611

 

 

368

 

 

—

 

 

9,860

 

Special Mention

 

—

 

 

—

 

 

—

 

 

—

 

 

191

 

 

—

 

 

—

 

 

—

 

 

191

 

Substandard

 

—

 

 

51

 

 

51

 

 

—

 

 

11

 

 

423

 

 

—

 

 

—

 

 

536

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Construction and
Land Development

$

157,905

 

$

751,389

 

$

548,653

 

$

103,279

 

$

8,510

 

$

25,275

 

$

126,526

 

$

5,379

 

$

1,726,916

 

Gross Charge-offs

$

—

 

$

7

 

$

54

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

61

 

Residential Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

173,196

 

$

628,643

 

$

800,082

 

$

516,534

 

$

187,232

 

$

990,957

 

$

3,038

 

 

—

 

$

3,299,682

 

Nonperforming

 

70

 

 

2,452

 

 

3,052

 

 

338

 

 

1,610

 

 

22,589

 

 

—

 

 

—

 

 

30,111

 

Total Residential Mortgage

$

173,266

 

$

631,095

 

$

803,134

 

$

516,872

 

$

188,842

 

$

1,013,546

 

$

3,038

 

$

—

 

$

3,329,793

 

Gross Charge-offs

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

20

 

$

—

 

$

—

 

$

20

 

Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

31,666

 

$

83,306

 

$

53,900

 

$

40,880

 

$

53,213

 

$

69,745

 

$

1,182,108

 

$

3,613

 

$

1,518,431

 

Nonperforming

 

32

 

 

172

 

 

362

 

 

573

 

 

610

 

 

4,081

 

 

162

 

 

706

 

 

6,698

 

Total Consumer

$

31,698

 

$

83,478

 

$

54,262

 

$

41,453

 

$

53,823

 

$

73,826

 

$

1,182,270

 

$

4,319

 

$

1,525,129

 

Gross Charge-offs

$

—

 

$

294

 

$

329

 

$

43

 

$

152

 

$

236

 

$

2,013

 

$

296

 

$

3,363

 

 

 

 

Term Loans

 

 

 

Revolving Loans

 

 

 

December 31, 2022

Amortized Cost Basis by Origination Year

 

Revolving

 

Converted to

 

 

 

 ($ in thousands)

2022

 

2021

 

2020

 

2019

 

2018

 

Prior

 

Loans

 

Term Loans

 

Total

 

Commercial Non-Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

2,600,656

 

$

1,450,689

 

$

679,355

 

$

569,842

 

$

267,025

 

$

763,122

 

$

3,193,769

 

$

116,659

 

$

9,641,117

 

Pass-Watch

 

68,307

 

 

38,949

 

 

31,841

 

 

11,757

 

 

8,237

 

 

49,577

 

 

66,339

 

 

9,836

 

 

284,843

 

Special Mention

 

30,276

 

 

13,625

 

 

2,443

 

 

4,406

 

 

322

 

 

1,654

 

 

25,184

 

 

2,070

 

 

79,980

 

Substandard

 

29,667

 

 

13,807

 

 

11,766

 

 

21,667

 

 

12,792

 

 

1,250

 

 

39,213

 

 

10,351

 

 

140,513

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Non-
Real Estate

$

2,728,906

 

$

1,517,070

 

$

725,405

 

$

607,672

 

$

288,376

 

$

815,603

 

$

3,324,505

 

$

138,916

 

$

10,146,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Real Estate - Owner Occupied:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

630,121

 

$

650,742

 

$

537,849

 

$

328,364

 

$

265,437

 

$

447,707

 

$

46,730

 

$

5,107

 

$

2,912,057

 

Pass-Watch

 

7,129

 

 

5,299

 

 

3,743

 

 

13,301

 

 

10,872

 

 

7,706

 

 

893

 

 

150

 

 

49,093

 

Special Mention

 

—

 

 

—

 

 

544

 

 

822

 

 

1,231

 

 

3,670

 

 

—

 

 

—

 

 

6,267

 

Substandard

 

19,899

 

 

547

 

 

6,715

 

 

7,663

 

 

7,543

 

 

21,465

 

 

1,000

 

 

809

 

 

65,641

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Real
Estate - Owner Occupied

$

657,149

 

$

656,588

 

$

548,851

 

$

350,150

 

$

285,083

 

$

480,548

 

$

48,623

 

$

6,066

 

$

3,033,058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Real Estate - Income Producing:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

894,522

 

$

795,378

 

$

660,235

 

$

420,435

 

$

232,145

 

$

317,446

 

$

113,487

 

$

7,000

 

$

3,440,648

 

Pass-Watch

 

1,027

 

 

18,070

 

 

58,256

 

 

20,865

 

 

12,066

 

 

836

 

 

467

 

 

—

 

 

111,587

 

Special Mention

 

235

 

 

—

 

 

708

 

 

2,325

 

 

166

 

 

376

 

 

—

 

 

—

 

 

3,810

 

Substandard

 

415

 

 

—

 

 

2,785

 

 

8

 

 

1,240

 

 

498

 

 

—

 

 

—

 

 

4,946

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Commercial Real
Estate - Income Producing

$

896,199

 

$

813,448

 

$

721,984

 

$

443,633

 

$

245,617

 

$

319,156

 

$

113,954

 

$

7,000

 

$

3,560,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction and Land Development:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

663,735

 

$

711,731

 

$

148,579

 

$

9,198

 

$

15,360

 

$

10,854

 

$

128,842

 

$

2,457

 

$

1,690,756

 

Pass-Watch

 

8,233

 

 

1,944

 

 

643

 

 

559

 

 

199

 

 

450

 

 

69

 

 

—

 

 

12,097

 

Special Mention

 

—

 

 

—

 

 

—

 

 

196

 

 

—

 

 

—

 

 

—

 

 

—

 

 

196

 

Substandard

 

35

 

 

55

 

 

—

 

 

12

 

 

61

 

 

380

 

 

—

 

 

—

 

 

543

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total Construction and
Land Development

$

672,003

 

$

713,730

 

$

149,222

 

$

9,965

 

$

15,620

 

$

11,684

 

$

128,911

 

$

2,457

 

$

1,703,592

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

631,339

 

$

694,104

 

$

518,705

 

$

192,431

 

$

107,675

 

$

918,918

 

$

3,147

 

$

—

 

$

3,066,319

 

Nonperforming

 

1,058

 

 

2,434

 

 

716

 

 

1,196

 

 

2,080

 

 

18,802

 

 

—

 

 

—

 

 

26,286

 

Total Residential
Mortgage

$

632,397

 

$

696,538

 

$

519,421

 

$

193,627

 

$

109,755

 

$

937,720

 

$

3,147

 

$

—

 

$

3,092,605

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

103,742

 

$

58,248

 

$

45,641

 

$

62,715

 

$

41,559

 

$

40,489

 

$

1,212,958

 

$

4,834

 

$

1,570,186

 

Nonperforming

 

193

 

 

198

 

 

228

 

 

758

 

 

381

 

 

3,341

 

 

459

 

 

1,603

 

 

7,161

 

Total Consumer

$

103,935

 

$

58,446

 

$

45,869

 

$

63,473

 

$

41,940

 

$

43,830

 

$

1,213,417

 

$

6,437

 

$

1,577,347

 
Total Commercial [Member]  
Accounts Notes And Loans Receivable [Line Items]  
Credit Quality Indicators by Segment and Portfolio Class

The following tables present the credit quality indicators by segment and portfolio class of loans at March 31, 2023 and December 31, 2022. The Company routinely assesses the ratings of loans in its portfolio through an established and comprehensive portfolio management process.

 

 

March 31, 2023

 

($ in thousands)

 

Commercial
non-real
estate

 

 

Commercial
real estate -
owner-
occupied

 

 

Total
commercial
and industrial

 

 

Commercial
real estate -
income
producing

 

 

Construction
and land
development

 

 

Total
commercial

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

9,511,047

 

 

$

2,937,286

 

 

$

12,448,333

 

 

$

3,633,440

 

 

$

1,716,329

 

 

$

17,798,102

 

Pass-Watch

 

 

277,067

 

 

 

52,691

 

 

 

329,758

 

 

 

116,360

 

 

 

9,860

 

 

 

455,978

 

Special Mention

 

 

54,998

 

 

 

7,552

 

 

 

62,550

 

 

 

1,534

 

 

 

191

 

 

 

64,275

 

Substandard

 

 

170,370

 

 

 

53,219

 

 

 

223,589

 

 

 

7,121

 

 

 

536

 

 

 

231,246

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

10,013,482

 

 

$

3,050,748

 

 

$

13,064,230

 

 

$

3,758,455

 

 

$

1,726,916

 

 

$

18,549,601

 

 

 

 

December 31, 2022

 

($ in thousands)

 

Commercial
non-real
estate

 

 

Commercial
real estate -
owner-
occupied

 

 

Total
commercial
and industrial

 

 

Commercial
real estate -
income
producing

 

 

Construction
and land
development

 

 

Total
commercial

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

9,641,117

 

 

$

2,912,057

 

 

$

12,553,174

 

 

$

3,440,648

 

 

$

1,690,756

 

 

$

17,684,578

 

Pass-Watch

 

 

284,843

 

 

 

49,093

 

 

 

333,936

 

 

 

111,587

 

 

 

12,097

 

 

 

457,620

 

Special Mention

 

 

79,980

 

 

 

6,267

 

 

 

86,247

 

 

 

3,810

 

 

 

196

 

 

 

90,253

 

Substandard

 

 

140,513

 

 

 

65,641

 

 

 

206,154

 

 

 

4,946

 

 

 

543

 

 

 

211,643

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

10,146,453

 

 

$

3,033,058

 

 

$

13,179,511

 

 

$

3,560,991

 

 

$

1,703,592

 

 

$

18,444,094

 
Residential Mortgage and Consumer [Member]  
Accounts Notes And Loans Receivable [Line Items]  
Credit Quality Indicators by Segment and Portfolio Class

 

 

March 31, 2023

 

 

December 31, 2022

 

($ in thousands)

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

Performing

 

$

3,299,682

 

 

$

1,518,431

 

 

$

4,818,113

 

 

$

3,066,319

 

 

$

1,570,186

 

 

$

4,636,505

 

Nonperforming

 

 

30,111

 

 

 

6,698

 

 

 

36,809

 

 

 

26,286

 

 

 

7,161

 

 

 

33,447

 

Total

 

$

3,329,793

 

 

$

1,525,129

 

 

$

4,854,922

 

 

$

3,092,605

 

 

$

1,577,347

 

 

$

4,669,952