XML 50 R39.htm IDEA: XBRL DOCUMENT v3.25.4
Loans and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Accounts Notes And Loans Receivable [Line Items]    
Loans, Net of Unearned Income

 

December 31,

 

($ in thousands)

2025

 

2024

 

Commercial non-real estate

$

9,809,011

 

$

9,876,592

 

Commercial real estate - owner occupied

 

3,270,080

 

 

3,011,955

 

Total commercial and industrial

 

13,079,091

 

 

12,888,547

 

Commercial real estate - income producing

 

4,283,168

 

 

3,798,612

 

Construction and land development

 

1,239,086

 

 

1,281,115

 

Residential mortgages

 

4,016,917

 

 

3,961,328

 

Consumer

 

1,340,178

 

 

1,369,845

 

Total loans

$

23,958,440

 

$

23,299,447

 
 
Allowance for Credit Losses by Portfolio Class

The following schedules show activity in the allowance for credit losses by portfolio class for the years ended December 31, 2025, 2024 and 2023, as well as the allowance for credit loss by primary calculation method at the end of each period.

 

 

Commercial Non-Real Estate

 

 

Commercial Real Estate-Owner Occupied

 

 

Total Commercial and Industrial

 

 

Commercial Real Estate-Income Producing

 

 

Construction and Land Development

 

 

Residential Mortgages

 

 

Consumer

 

 

Total

 

($ in thousands)

 

Year Ended December 31, 2025

 

Allowance for credit losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

121,090

 

 

$

36,264

 

 

$

157,354

 

 

$

71,975

 

 

$

21,158

 

 

$

42,445

 

 

$

25,950

 

 

$

318,882

 

Charge-offs

 

 

(45,564

)

 

 

(4,626

)

 

 

(50,190

)

 

 

(34

)

 

 

(1,314

)

 

 

(922

)

 

 

(16,006

)

 

 

(68,466

)

Recoveries

 

 

11,332

 

 

 

686

 

 

 

12,018

 

 

 

49

 

 

 

123

 

 

 

841

 

 

 

2,976

 

 

 

16,007

 

Net provision for loan losses

 

 

34,581

 

 

 

8,371

 

 

 

42,952

 

 

 

(11,515

)

 

 

(2,517

)

 

 

470

 

 

 

11,918

 

 

 

41,308

 

Ending balance - allowance for loan losses

 

$

121,439

 

 

$

40,695

 

 

$

162,134

 

 

$

60,475

 

 

$

17,450

 

 

$

42,834

 

 

$

24,838

 

 

$

307,731

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

6,441

 

 

$

309

 

 

$

6,750

 

 

$

642

 

 

$

14,639

 

 

$

4

 

 

$

2,018

 

 

$

24,053

 

Provision for losses on unfunded
   commitments

 

 

6,198

 

 

 

62

 

 

 

6,260

 

 

 

363

 

 

 

3,310

 

 

 

(1

)

 

 

(57

)

 

 

9,875

 

Ending balance - reserve for unfunded
   lending commitments

 

$

12,639

 

 

$

371

 

 

$

13,010

 

 

$

1,005

 

 

$

17,949

 

 

$

3

 

 

$

1,961

 

 

$

33,928

 

Total allowance for credit losses

 

$

134,078

 

 

$

41,066

 

 

$

175,144

 

 

$

61,480

 

 

$

35,399

 

 

$

42,837

 

 

$

26,799

 

 

$

341,659

 

Allowance for credit losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

6,506

 

 

$

602

 

 

$

7,108

 

 

$

—

 

 

$

—

 

 

$

236

 

 

$

54

 

 

$

7,398

 

Collectively evaluated

 

$

127,572

 

 

$

40,464

 

 

$

168,036

 

 

$

61,480

 

 

$

35,399

 

 

$

42,601

 

 

$

26,745

 

 

$

334,261

 

 

 

 

Commercial Non-Real Estate

 

 

Commercial Real Estate-Owner Occupied

 

 

Total Commercial and Industrial

 

 

Commercial Real Estate-Income Producing

 

 

Construction and Land Development

 

 

Residential Mortgages

 

 

Consumer

 

 

Total

 

($ in thousands)

 

Year Ended December 31, 2024

 

Allowance for credit losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

101,737

 

 

$

40,197

 

 

$

141,934

 

 

$

74,539

 

 

$

27,039

 

 

$

38,983

 

 

$

25,412

 

 

$

307,907

 

Charge-offs

 

 

(45,488

)

 

 

(143

)

 

 

(45,631

)

 

 

(8,822

)

 

 

(264

)

 

 

(380

)

 

 

(17,987

)

 

 

(73,084

)

Recoveries

 

 

22,292

 

 

 

1,036

 

 

 

23,328

 

 

 

7

 

 

 

64

 

 

 

595

 

 

 

3,057

 

 

 

27,051

 

Net provision for loan losses

 

 

42,549

 

 

 

(4,826

)

 

 

37,723

 

 

 

6,251

 

 

 

(5,681

)

 

 

3,247

 

 

 

15,468

 

 

 

57,008

 

Ending balance - allowance for loan losses

 

$

121,090

 

 

$

36,264

 

 

$

157,354

 

 

$

71,975

 

 

$

21,158

 

 

$

42,445

 

 

$

25,950

 

 

$

318,882

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

5,507

 

 

$

327

 

 

$

5,834

 

 

$

1,344

 

 

$

20,019

 

 

$

30

 

 

$

1,667

 

 

$

28,894

 

Provision for losses on unfunded
   commitments

 

 

934

 

 

 

(18

)

 

 

916

 

 

 

(702

)

 

 

(5,380

)

 

 

(26

)

 

 

351

 

 

 

(4,841

)

Ending balance - reserve for unfunded
   lending commitments

 

$

6,441

 

 

$

309

 

 

$

6,750

 

 

$

642

 

 

$

14,639

 

 

$

4

 

 

$

2,018

 

 

$

24,053

 

Total allowance for credit losses

 

$

127,531

 

 

$

36,573

 

 

$

164,104

 

 

$

72,617

 

 

$

35,797

 

 

$

42,449

 

 

$

27,968

 

 

$

342,935

 

Allowance for credit losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

8,672

 

 

$

—

 

 

$

8,672

 

 

$

—

 

 

$

—

 

 

$

751

 

 

$

197

 

 

$

9,620

 

Collectively evaluated

 

$

118,859

 

 

$

36,573

 

 

$

155,432

 

 

$

72,617

 

 

$

35,797

 

 

$

41,698

 

 

$

27,771

 

 

$

333,315

 

 

 

 

Commercial Non-Real Estate

 

 

Commercial Real Estate-Owner Occupied

 

 

Total Commercial and Industrial

 

 

Commercial Real Estate-Income Producing

 

 

Construction and Land Development

 

 

Residential Mortgages

 

 

Consumer

 

 

Total

 

($ in thousands)

 

Year Ended December 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

 

 

(59,830

)

 

 

—

 

 

 

(59,830

)

 

 

(73

)

 

 

(72

)

 

 

(55

)

 

 

(15,393

)

 

 

(75,423

)

Recoveries

 

 

6,152

 

 

 

957

 

 

 

7,109

 

 

 

14

 

 

 

11

 

 

 

1,278

 

 

 

3,611

 

 

 

12,023

 

Net provision for loan losses

 

 

58,954

 

 

 

(9,044

)

 

 

49,910

 

 

 

2,637

 

 

 

(3,398

)

 

 

5,296

 

 

 

9,073

 

 

 

63,518

 

Ending balance - allowance for loan losses

 

$

101,737

 

 

$

40,197

 

 

$

141,934

 

 

$

74,539

 

 

$

27,039

 

 

$

38,983

 

 

$

25,412

 

 

$

307,907

 

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

 

 

523

 

 

 

25

 

 

 

548

 

 

 

(51

)

 

 

(5,091

)

 

 

(1

)

 

 

180

 

 

 

(4,415

)

Ending balance - reserve for unfunded
   lending commitments

 

$

5,507

 

 

$

327

 

 

$

5,834

 

 

$

1,344

 

 

$

20,019

 

 

$

30

 

 

$

1,667

 

 

$

28,894

 

Total allowance for credit losses

 

$

107,244

 

 

$

40,524

 

 

$

147,768

 

 

$

75,883

 

 

$

47,058

 

 

$

39,013

 

 

$

27,079

 

 

$

336,801

 

Allowance for credit losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

1,666

 

 

$

—

 

 

$

1,666

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

1,666

 

Collectively evaluated

 

$

105,578

 

 

$

40,524

 

 

$

146,102

 

 

$

75,883

 

 

$

47,058

 

 

$

39,013

 

 

$

27,079

 

 

$

335,135

 
 
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 losses, by portfolio class at December 31, 2025 and 2024.

 

December 31,

 

 

2025

 

 

2024

 

($ in thousands)

Total
Nonaccrual

 

Nonaccrual
Without
Allowance For
Loan Losses

 

 

Total
Nonaccrual

 

Nonaccrual
Without
Allowance For
Loan Losses

 

Commercial non-real estate

$

34,525

 

$

3,294

 

 

$

33,418

 

$

4,855

 

Commercial real estate - owner occupied

 

6,723

 

 

1,470

 

 

 

2,727

 

 

1,198

 

Total commercial and industrial

 

41,248

 

 

4,764

 

 

 

36,145

 

 

6,053

 

Commercial real estate - income producing

 

4,760

 

 

5,114

 

 

 

356

 

 

—

 

Construction and land development

 

3,173

 

 

2,178

 

 

 

5,561

 

 

4,929

 

Residential mortgages

 

46,986

 

 

2,511

 

 

 

44,086

 

 

1,475

 

Consumer

 

10,703

 

 

316

 

 

 

11,187

 

 

500

 

Total loans

$

106,870

 

$

14,883

 

 

$

97,335

 

$

12,957

 

 
Provides Detail by Portfolio Class for Reportable MEFDs

The tables below provide detail by portfolio class for reportable MEFDs entered into during the years ended December 31, 2025 2024 and 2023. Modified facilities are reported using the balance at the end of each period reported and are reflected only once in each table based on the type of modification or combination of modification.

 

 

Year Ended December 31, 2025

 

 

 

Term Extension

 

Payment Delay

 

Term Extensions and Payment Delay

 

Other(1)

 

($ in thousands)

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Commercial non-real estate

 

$

94,293

 

 

0.96

%

$

4,529

 

 

0.05

%

$

4,493

 

 

0.05

%

$

—

 

 

—

 

Commercial real estate - owner occupied

 

 

28,698

 

 

0.88

%

 

241

 

 

0.01

%

 

—

 

 

—

 

 

—

 

 

—

 

Total commercial and industrial

 

 

122,991

 

 

0.94

%

 

4,770

 

 

0.04

%

 

4,493

 

 

0.03

%

 

—

 

 

—

 

Commercial real estate - income producing

 

 

14,914

 

 

0.35

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Construction and land development

 

 

147

 

 

0.01

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Residential mortgages

 

 

11,173

 

 

0.28

%

 

1,319

 

 

0.03

%

 

2,065

 

 

0.05

%

 

602

 

 

0.01

%

Consumer

 

 

132

 

 

0.01

%

 

—

 

 

—

 

 

148

 

 

0.01

%

 

95

 

 

0.01

%

Total reportable modified loans

 

$

149,357

 

 

0.62

%

$

6,089

 

 

0.03

%

$

6,706

 

 

0.03

%

$

697

 

 

0.00

%

(1) Includes interest rate reduction and a combination of interest rate reduction and term extension.

 

 

 

Year Ended December 31, 2024

 

 

 

Term Extension

 

Payment Delay

 

Term Extensions and Payment Delay

 

Other(1)

 

($ in thousands)

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Commercial non-real estate

 

$

58,176

 

 

0.59

%

$

19,150

 

 

0.19

%

$

15,373

 

 

0.16

%

$

758

 

 

0.01

%

Commercial real estate - owner occupied

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total commercial and industrial

 

 

58,176

 

 

0.45

%

 

19,150

 

 

0.15

%

 

15,373

 

 

0.12

%

 

758

 

 

0.01

%

Commercial real estate - income producing

 

 

2,741

 

 

0.07

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Construction and land development

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Residential mortgages

 

 

3,170

 

 

0.08

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Consumer

 

 

131

 

 

0.01

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total reportable modified loans

 

$

64,218

 

 

0.28

%

$

19,150

 

 

0.08

%

$

15,373

 

 

0.07

%

$

758

 

 

0.00

%

(1) Includes interest rate reduction and other than insignificant payment delays.

 

 

 

Year Ended December 31, 2023

 

 

 

Term Extension

 

Payment Delay

 

Term Extensions and Payment Delay

 

Other(1)

 

($ in thousands)

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Balance

 

Percentage of Portfolio

 

Commercial non-real estate

 

$

7,930

 

 

0.08

%

$

4,274

 

 

0.04

%

$

9,753

 

 

0.10

%

$

—

 

 

—

 

Commercial real estate - owner occupied

 

 

1,774

 

 

0.06

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total commercial and industrial

 

 

9,704

 

 

0.07

%

 

4,274

 

 

0.03

%

 

9,753

 

 

0.07

%

 

—

 

 

—

 

Commercial real estate - income producing

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Construction and land development

 

 

85

 

 

0.01

%

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Residential mortgages

 

 

254

 

 

0.01

%

 

—

 

 

—

 

 

—

 

 

—

 

 

202

 

 

0.01

%

Consumer

 

 

78

 

 

0.01

%

 

—

 

 

—

 

 

196

 

 

0.01

%

 

—

 

 

—

 

Total reportable modified loans

 

$

10,121

 

 

0.04

%

$

4,274

 

 

0.02

%

$

9,949

 

 

0.04

%

$

202

 

 

0.00

%

(1) Includes interest rate reduction and other than insignificant payment delays.

  
Aging Analysis of Reportable Modifications To Borrowers Experiencing Financial Difficulty by Portfolio Class

The tables below present the aging analysis of reportable modifications to borrowers experiencing financial difficulty by portfolio class at December 31, 2025 and 2024.

December 31, 2025

 

30-59
Days
Past Due

 

 

60-89
Days
Past Due

 

 

Greater
Than
90 Days
Past Due

 

 

Total
Past Due

 

 

Current

 

Total Reportable
Modified Loans

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

 

$

—

 

 

$

27,670

 

 

$

734

 

 

$

28,404

 

 

$

74,911

 

$

103,315

 

Commercial real estate - owner occupied

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

28,939

 

 

28,939

 

Total commercial and industrial

 

 

—

 

 

 

27,670

 

 

 

734

 

 

 

28,404

 

 

 

103,850

 

 

132,254

 

Commercial real estate - income producing

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

14,914

 

 

14,914

 

Construction and land development

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

147

 

 

147

 

Residential mortgages

 

 

1,285

 

 

 

416

 

 

 

—

 

 

 

1,701

 

 

 

13,458

 

 

15,159

 

Consumer

 

 

—

 

 

 

—

 

 

 

148

 

 

 

148

 

 

 

227

 

 

375

 

Total reportable modified loans

 

$

1,285

 

 

$

28,086

 

 

$

882

 

 

$

30,253

 

 

$

132,596

 

$

162,849

 

 

December 31, 2024

 

30-59
Days
Past Due

 

 

60-89
Days
Past Due

 

 

Greater
Than
90 Days
Past Due

 

 

Total
Past Due

 

 

Current

 

Total Reportable
Modified Loans

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

 

$

1,975

 

 

$

—

 

 

$

12,548

 

 

$

14,523

 

 

$

78,934

 

$

93,457

 

Commercial real estate - owner occupied

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

—

 

Total commercial and industrial

 

 

1,975

 

 

 

—

 

 

 

12,548

 

 

 

14,523

 

 

 

78,934

 

 

93,457

 

Commercial real estate - income producing

 

 

—

 

 

 

826

 

 

 

—

 

 

 

826

 

 

 

1,915

 

 

2,741

 

Construction and land development

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

—

 

Residential mortgages

 

 

179

 

 

 

249

 

 

 

501

 

 

 

929

 

 

 

2,241

 

 

3,170

 

Consumer

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

131

 

 

131

 

Total reportable modified loans

 

$

2,154

 

 

$

1,075

 

 

$

13,049

 

 

$

16,278

 

 

$

83,221

 

$

99,499

 
 
Aging Analysis of Past Due Loans by Portfolio Class

The tables below present the aging analysis of past due loans by portfolio class at December 31, 2025 and 2024.

December 31, 2025

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 Accruing

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

$

19,008

 

$

43,316

 

$

39,954

 

$

102,278

 

$

9,706,733

 

$

9,809,011

 

$

20,358

 

Commercial real estate - owner occupied

 

15,013

 

 

308

 

 

7,609

 

 

22,930

 

 

3,247,150

 

 

3,270,080

 

 

1,586

 

Total commercial and industrial

 

34,021

 

 

43,624

 

 

47,563

 

 

125,208

 

 

12,953,883

 

 

13,079,091

 

 

21,944

 

Commercial real estate - income producing

 

990

 

 

2,806

 

 

7,177

 

 

10,973

 

 

4,272,195

 

 

4,283,168

 

 

2,928

 

Construction and land development

 

1,754

 

 

564

 

 

3,488

 

 

5,806

 

 

1,233,280

 

 

1,239,086

 

 

565

 

Residential mortgages

 

42,302

 

 

17,984

 

 

34,656

 

 

94,942

 

 

3,921,975

 

 

4,016,917

 

 

116

 

Consumer

 

9,284

 

 

4,675

 

 

9,839

 

 

23,798

 

 

1,316,380

 

 

1,340,178

 

 

3,245

 

Total loans

$

88,351

 

$

69,653

 

$

102,723

 

$

260,727

 

$

23,697,713

 

$

23,958,440

 

$

28,798

 

 

December 31, 2024

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 Accruing

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

$

19,326

 

$

5,264

 

$

27,756

 

$

52,346

 

$

9,824,246

 

$

9,876,592

 

$

14,557

 

Commercial real estate - owner occupied

 

1,113

 

 

38

 

 

3,747

 

 

4,898

 

 

3,007,057

 

 

3,011,955

 

 

1,097

 

Total commercial and industrial

 

20,439

 

 

5,302

 

 

31,503

 

 

57,244

 

 

12,831,303

 

 

12,888,547

 

 

15,654

 

Commercial real estate - income producing

 

220

 

 

5,417

 

 

464

 

 

6,101

 

 

3,792,511

 

 

3,798,612

 

 

150

 

Construction and land development

 

1,066

 

 

3,773

 

 

5,314

 

 

10,153

 

 

1,270,962

 

 

1,281,115

 

 

3,563

 

Residential mortgages

 

42,211

 

 

25,050

 

 

34,113

 

 

101,374

 

 

3,859,954

 

 

3,961,328

 

 

27

 

Consumer

 

10,770

 

 

5,381

 

 

8,504

 

 

24,655

 

 

1,345,190

 

 

1,369,845

 

 

2,458

 

Total loans

$

74,706

 

$

44,923

 

$

79,898

 

$

199,527

 

$

23,099,920

 

$

23,299,447

 

$

21,852

 
 
Credit Quality Indicators by Segment and Portfolio Class

The following tables present credit quality disclosures of amortized cost by class and vintage for term loans and by revolving and revolving converted to amortizing at December 31, 2025 and 2024. The Company defines vintage as the later of origination, renewal or modification date. The gross charge-offs presented in the tables that follow are for the years ended December 31, 2025 and December 31, 2024.

 

Term Loans

 

 

 

Revolving Loans

 

 

 

December 31, 2025

Amortized Cost Basis by Origination Year

 

Revolving

 

Converted to

 

 

 

 ($ in thousands)

2025

 

2024

 

2023

 

2022

 

2021

 

Prior

 

Loans

 

Term Loans

 

Total

 

Commercial Non-Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

2,030,587

 

$

1,164,266

 

$

711,218

 

$

812,902

 

$

525,095

 

$

891,032

 

$

2,955,174

 

$

90,350

 

$

9,180,624

 

Pass-Watch

 

24,737

 

 

27,477

 

 

39,683

 

 

33,385

 

 

12,896

 

 

18,064

 

 

94,461

 

 

15,417

 

 

266,120

 

Special Mention

 

2,405

 

 

6,975

 

 

6,239

 

 

27,719

 

 

10,564

 

 

4,305

 

 

28,330

 

 

2,192

 

 

88,729

 

Substandard

 

13,738

 

 

6,450

 

 

81,228

 

 

87,745

 

 

11,275

 

 

6,798

 

 

51,619

 

 

14,685

 

 

273,538

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

2,071,467

 

$

1,205,168

 

$

838,368

 

$

961,751

 

$

559,830

 

$

920,199

 

$

3,129,584

 

$

122,644

 

$

9,809,011

 

Gross Charge-offs

$

4,798

 

$

2,718

 

$

15,397

 

$

2,888

 

$

74

 

$

531

 

$

3,722

 

$

15,436

 

$

45,564

 

Commercial Real Estate - Owner Occupied:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

616,536

 

$

401,399

 

$

312,006

 

$

461,247

 

$

459,700

 

$

711,509

 

$

51,600

 

$

50,328

 

$

3,064,325

 

Pass-Watch

 

26,766

 

 

6,397

 

 

2,746

 

 

43,060

 

 

14,187

 

 

27,591

 

 

2,506

 

 

120

 

 

123,373

 

Special Mention

 

2,371

 

 

2,202

 

 

1,008

 

 

12,024

 

 

5,054

 

 

293

 

 

195

 

 

48

 

 

23,195

 

Substandard

 

2,082

 

 

822

 

 

6,685

 

 

20,353

 

 

1,472

 

 

27,723

 

 

50

 

 

—

 

 

59,187

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

647,755

 

$

410,820

 

$

322,445

 

$

536,684

 

$

480,413

 

$

767,116

 

$

54,351

 

$

50,496

 

$

3,270,080

 

Gross Charge-offs

$

—

 

$

—

 

$

86

 

$

—

 

$

2,741

 

$

1,799

 

$

—

 

$

—

 

$

4,626

 

Commercial Real Estate - Income Producing:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

1,110,044

 

$

416,052

 

$

519,955

 

$

724,326

 

$

549,335

 

$

649,996

 

$

64,217

 

$

1,490

 

$

4,035,415

 

Pass-Watch

 

22,429

 

 

15,606

 

 

4,219

 

 

101,959

 

 

4,277

 

 

40,381

 

 

1,123

 

 

—

 

 

189,994

 

Special Mention

 

7,962

 

 

—

 

 

289

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

8,251

 

Substandard

 

192

 

 

—

 

 

7,669

 

 

10,441

 

 

10,871

 

 

20,185

 

 

150

 

 

—

 

 

49,508

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

1,140,627

 

$

431,658

 

$

532,132

 

$

836,726

 

$

564,483

 

$

710,562

 

$

65,490

 

$

1,490

 

$

4,283,168

 

Gross Charge-offs

$

—

 

$

—

 

$

—

 

$

34

 

$

—

 

$

—

 

$

—

 

$

—

 

$

34

 

Construction and Land Development:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

349,811

 

$

358,827

 

$

185,672

 

$

54,798

 

$

75,084

 

$

14,954

 

$

131,153

 

$

535

 

$

1,170,834

 

Pass-Watch

 

29,323

 

 

814

 

 

1,500

 

 

3,299

 

 

128

 

 

241

 

 

—

 

 

—

 

 

35,305

 

Special Mention

 

60

 

 

—

 

 

—

 

 

28,036

 

 

112

 

 

—

 

 

—

 

 

—

 

 

28,208

 

Substandard

 

72

 

 

185

 

 

1,665

 

 

2,560

 

 

135

 

 

122

 

 

—

 

 

—

 

 

4,739

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

379,266

 

$

359,826

 

$

188,837

 

$

88,693

 

$

75,459

 

$

15,317

 

$

131,153

 

$

535

 

$

1,239,086

 

Gross Charge-offs

$

—

 

$

—

 

$

—

 

$

1,297

 

$

—

 

$

17

 

$

—

 

$

—

 

$

1,314

 

Residential Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

360,686

 

$

131,928

 

$

390,276

 

$

1,039,884

 

$

824,012

 

$

1,220,288

 

$

2,857

 

$

—

 

$

3,969,931

 

Nonperforming

 

371

 

 

2,300

 

 

10,582

 

 

10,244

 

 

6,335

 

 

17,154

 

 

—

 

 

—

 

 

46,986

 

Total

$

361,057

 

$

134,228

 

$

400,858

 

$

1,050,128

 

$

830,347

 

$

1,237,442

 

$

2,857

 

$

—

 

$

4,016,917

 

Gross Charge-offs

$

—

 

$

36

 

$

502

 

$

335

 

$

—

 

$

49

 

$

—

 

$

—

 

$

922

 

Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

50,512

 

$

24,693

 

$

22,963

 

$

18,103

 

$

8,928

 

$

47,131

 

$

1,123,471

 

$

33,674

 

$

1,329,475

 

Nonperforming

 

51

 

 

44

 

 

349

 

 

842

 

 

627

 

 

4,367

 

 

408

 

 

4,015

 

 

10,703

 

Total

$

50,563

 

$

24,737

 

$

23,312

 

$

18,945

 

$

9,555

 

$

51,498

 

$

1,123,879

 

$

37,689

 

$

1,340,178

 

Gross Charge-offs

$

85

 

$

952

 

$

1,104

 

$

1,277

 

$

528

 

$

695

 

$

9,228

 

$

2,137

 

$

16,006

 

 

 

 

Term Loans

 

 

 

Revolving Loans

 

 

 

December 31, 2024

Amortized Cost Basis by Origination Year

 

Revolving

 

Converted to

 

 

 

 ($ in thousands)

2024

 

2023

 

2022

 

2021

 

2020

 

Prior

 

Loans

 

Term Loans

 

Total

 

Commercial Non-Real Estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

1,794,904

 

$

1,069,637

 

$

1,154,669

 

$

819,520

 

$

339,594

 

$

925,046

 

$

2,946,499

 

$

107,363

 

$

9,157,232

 

Pass-Watch

 

8,466

 

 

46,681

 

 

43,379

 

 

29,193

 

 

12,768

 

 

9,851

 

 

61,076

 

 

8,561

 

 

219,975

 

Special Mention

 

412

 

 

21,337

 

 

52,375

 

 

6,044

 

 

6,234

 

 

41

 

 

62,934

 

 

328

 

 

149,705

 

Substandard

 

19,839

 

 

91,192

 

 

117,545

 

 

15,225

 

 

8,200

 

 

2,898

 

 

65,138

 

 

29,643

 

 

349,680

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

1,823,621

 

$

1,228,847

 

$

1,367,968

 

$

869,982

 

$

366,796

 

$

937,836

 

$

3,135,647

 

$

145,895

 

$

9,876,592

 

Gross Charge-offs

$

705

 

$

7,575

 

$

7,494

 

$

11,090

 

$

213

 

$

1,837

 

$

5,952

 

$

10,622

 

$

45,488

 

Commercial Real Estate - Owner Occupied:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

365,158

 

$

319,684

 

$

537,069

 

$

524,572

 

$

433,844

 

$

554,293

 

$

97,999

 

$

609

 

$

2,833,228

 

Pass-Watch

 

18,937

 

 

8,575

 

 

66,286

 

 

5,547

 

 

2,695

 

 

29,078

 

 

3,727

 

 

721

 

 

135,566

 

Special Mention

 

4,417

 

 

410

 

 

6,759

 

 

3,756

 

 

—

 

 

2,559

 

 

—

 

 

—

 

 

17,901

 

Substandard

 

1,322

 

 

2,630

 

 

5,574

 

 

1,563

 

 

1,248

 

 

12,923

 

 

—

 

 

—

 

 

25,260

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

389,834

 

$

331,299

 

$

615,688

 

$

535,438

 

$

437,787

 

$

598,853

 

$

101,726

 

$

1,330

 

$

3,011,955

 

Gross Charge-offs

$

—

 

$

—

 

$

131

 

$

—

 

$

—

 

$

12

 

$

—

 

$

—

 

$

143

 

Commercial Real Estate - Income Producing:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

416,947

 

$

453,428

 

$

975,075

 

$

750,907

 

$

494,925

 

$

501,389

 

$

31,673

 

$

1,637

 

$

3,625,981

 

Pass-Watch

 

2,586

 

 

7,005

 

 

43,221

 

 

9,399

 

 

20,694

 

 

16,354

 

 

220

 

 

159

 

 

99,638

 

Special Mention

 

20,292

 

 

—

 

 

1,986

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

22,278

 

Substandard

 

1,818

 

 

18,189

 

 

8,604

 

 

2,210

 

 

19,731

 

 

163

 

 

—

 

 

—

 

 

50,715

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

441,643

 

$

478,622

 

$

1,028,886

 

$

762,516

 

$

535,350

 

$

517,906

 

$

31,893

 

$

1,796

 

$

3,798,612

 

Gross Charge-offs

$

—

 

$

—

 

$

8,819

 

$

—

 

$

—

 

$

3

 

$

—

 

$

—

 

$

8,822

 

Construction and Land Development:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

237,136

 

$

418,002

 

$

296,286

 

$

103,259

 

$

33,519

 

$

14,477

 

$

102,694

 

$

2,031

 

$

1,207,404

 

Pass-Watch

 

624

 

 

2,279

 

 

62,415

 

 

391

 

 

30

 

 

323

 

 

159

 

 

—

 

 

66,221

 

Special Mention

 

1,014

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

1,014

 

Substandard

 

324

 

 

796

 

 

1,576

 

 

3,554

 

 

26

 

 

200

 

 

—

 

 

—

 

 

6,476

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

239,098

 

$

421,077

 

$

360,277

 

$

107,204

 

$

33,575

 

$

15,000

 

$

102,853

 

$

2,031

 

$

1,281,115

 

Gross Charge-offs

$

—

 

$

113

 

$

94

 

$

30

 

$

—

 

$

20

 

$

—

 

$

7

 

$

264

 

Residential Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

161,019

 

$

422,269

 

$

1,068,191

 

$

882,918

 

$

447,690

 

$

932,182

 

$

2,772

 

$

201

 

$

3,917,242

 

Nonperforming

 

327

 

 

7,724

 

 

10,974

 

 

6,687

 

 

1,199

 

 

17,175

 

 

—

 

 

—

 

 

44,086

 

Total

$

161,346

 

$

429,993

 

$

1,079,165

 

$

889,605

 

$

448,889

 

$

949,357

 

$

2,772

 

$

201

 

$

3,961,328

 

Gross Charge-offs

$

—

 

$

57

 

$

189

 

$

2

 

$

—

 

$

132

 

$

—

 

$

—

 

$

380

 

Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

56,983

 

$

39,301

 

$

35,320

 

$

20,397

 

$

15,035

 

$

41,299

 

$

1,120,027

 

$

30,296

 

$

1,358,658

 

Nonperforming

 

51

 

 

46

 

 

320

 

 

639

 

 

767

 

 

3,442

 

 

535

 

 

5,387

 

 

11,187

 

Total

$

57,034

 

$

39,347

 

$

35,640

 

$

21,036

 

$

15,802

 

$

44,741

 

$

1,120,562

 

$

35,683

 

$

1,369,845

 

Gross Charge-offs

$

92

 

$

1,733

 

$

2,474

 

$

1,173

 

$

180

 

$

985

 

$

8,826

 

$

2,524

 

$

17,987

 
 
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 December 31, 2025 and 2024.

 

December 31, 2025

 

($ 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

$

9,180,624

 

$

3,064,325

 

$

12,244,949

 

$

4,035,415

 

$

1,170,834

 

$

17,451,198

 

Pass-Watch

 

266,120

 

 

123,373

 

 

389,493

 

 

189,994

 

 

35,305

 

 

614,792

 

Special Mention

 

88,729

 

 

23,195

 

 

111,924

 

 

8,251

 

 

28,208

 

 

148,383

 

Substandard

 

273,538

 

 

59,187

 

 

332,725

 

 

49,508

 

 

4,739

 

 

386,972

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

9,809,011

 

$

3,270,080

 

$

13,079,091

 

$

4,283,168

 

$

1,239,086

 

$

18,601,345

 

 

December 31, 2024

 

($ 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

$

9,157,232

 

$

2,833,228

 

$

11,990,460

 

$

3,625,981

 

$

1,207,404

 

$

16,823,845

 

Pass-Watch

 

219,975

 

 

135,566

 

 

355,541

 

 

99,638

 

 

66,221

 

 

521,400

 

Special Mention

 

149,705

 

 

17,901

 

 

167,606

 

 

22,278

 

 

1,014

 

 

190,898

 

Substandard

 

349,680

 

 

25,260

 

 

374,940

 

 

50,715

 

 

6,476

 

 

432,131

 

Doubtful

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

Total

$

9,876,592

 

$

3,011,955

 

$

12,888,547

 

$

3,798,612

 

$

1,281,115

 

$

17,968,274

 

 

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

 

December 31, 2025

 

December 31, 2024

 

($ in thousands)

Residential
Mortgage

 

Consumer

 

Total

 

Residential
Mortgage

 

Consumer

 

Total

 

Performing

$

3,969,931

 

$

1,329,475

 

$

5,299,406

 

$

3,917,242

 

$

1,358,658

 

$

5,275,900

 

Nonperforming

 

46,986

 

 

10,703

 

 

57,689

 

 

44,086

 

 

11,187

 

 

55,273

 

Total

$

4,016,917

 

$

1,340,178

 

$

5,357,095

 

$

3,961,328

 

$

1,369,845

 

$

5,331,173