XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.24.3

Loans and Allowance for Credit Losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Receivables [Abstract] |
Summary of Gross Loans by Type | Loans and leases, net of unearned income, are summarized as follows:
| September 30, 2024 |  | December 31, 2023
| (dollars in thousands)
Real estate - commercial mortgage | $ | 9,493,479 |  |  | $ | 8,127,728 |
Commercial and industrial(1) | 4,914,734 |  |  | 4,545,552 |
Real-estate - residential mortgage | 6,302,624 |  |  | 5,325,923 |
Real-estate - home equity | 1,144,402 |  |  | 1,047,184 |
Real-estate - construction | 1,332,954 |  |  | 1,239,075 |
Consumer | 651,717 |  |  | 729,318 |
Leases and other loans(2) | 336,165 |  |  | 336,314 |
Net loans | $ | 24,176,075 |  |  | $ | 21,351,094 |
(1) Includes $2.0 thousand of unearned income at September 30, 2024 and $41.0 thousand at December 31, 2023. (2) Includes unearned income of $34.8 million at September 30, 2024 and $38.0 million at December 31, 2023.
Schedule of Allowance for Credit Losses | The following table summarizes the ACL - loans balance and the reserve for OBS credit exposures balance:
| September 30, 2024 |  | December 31, 2023
| (dollars in thousands)
ACL - loans | $ | 375,961 |  |  | $ | 293,404 |
Reserve for OBS credit exposures(1) | $ | 14,188 |  |  | $ | 17,254 |
(1) Included in other liabilities on the consolidated balance sheets.
Activity in the Allowance for Credit Losses | The following table presents the activity in the ACL - loans balances:
| Three months ended September 30 | Nine months ended September 30
| 2024 |  | 2023 |  | 2024 |  | 2023
| (dollars in thousands)
Balance at beginning of period | $ | 375,941 |  |  | $ | 287,442 |  |  | $ | 293,404 |  |  | 269,366 |
CECL Day 1 Provision(1) | — |  |  | — |  |  | 23,444 |  |  | — |
Initial PCD allowance for credit losses | (1,139) |  |  | — |  |  | 54,767 |  |  | — |
Loans charged off | (13,144) |  |  | (7,279) |  |  | (38,103) |  |  | (28,969) |
Recoveries of loans previously charged off | 2,022 |  |  | 2,181 |  |  | 7,081 |  |  | 7,896 |
Net loans (charged off) recovered | (11,122) |  |  | (5,098) |  |  | (31,022) |  |  | (21,073) |
Provision for credit losses(1) (2) | 12,281 |  |  | 10,395 |  |  | 35,368 |  |  | 44,446 |
Balance at end of period | $ | 375,961 |  |  | $ | 292,739 |  |  | $ | 375,961 |  |  | $ | 292,739 |
Provision for OBS credit exposures(1) | $ | (352) |  |  | $ | (458) |  |  | $ | (3,902) |  |  | $ | (218) |
Reserve for OBS credit exposures | $ | 14,188 |  |  | $ | 16,110 |  |  | $ | 14,188 |  |  | $ | 16,110 |
(1) The sum of these amounts is reflected in the provision for credit losses in the Consolidated Statements of Income. (2) Provision only includes the portion related to net loans. The following table presents the activity in the ACL by portfolio segment:
| Real Estate Commercial Mortgage |  | Commercial and Industrial |  | Real Estate Residential Mortgage |  | Consumer and Home Equity |  | Real Estate Construction |  | Leases and other loans |  | Total
| (dollars in thousands)
Three months ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2024 | $ | 156,165 |  |  | $ | 94,623 |  |  | $ | 89,714 |  |  | $ | 17,533 |  |  | $ | 14,610 |  |  | $ | 3,296 |  |  | $ | 375,941 |
CECL Day 1 Provision(1) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Initial PCD allowance for credit losses | — |  |  | (1,139) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,139) |
Loans charged off | (2,723) |  |  | (6,256) |  |  | (1,131) |  |  | (2,308) |  |  | — |  |  | (726) |  |  | (13,144) |
Recoveries of loans previously charged off | 107 |  |  | 1,008 |  |  | 130 |  |  | 545 |  |  | 103 |  |  | 129 |  |  | 2,022 |
Net loans (charged off) recovered | (2,616) |  |  | (5,248) |  |  | (1,001) |  |  | (1,763) |  |  | 103 |  |  | (597) |  |  | (11,122) |
Provision for loan losses(1) (2) | (10,255) |  |  | 13,128 |  |  | 1,614 |  |  | 1,357 |  |  | 6,284 |  |  | 153 |  |  | 12,281 |
Balance at September 30, 2024 | $ | 143,294 |  |  | $ | 101,364 |  |  | $ | 90,327 |  |  | $ | 17,127 |  |  | $ | 20,997 |  |  | $ | 2,852 |  |  | $ | 375,961 |
Three months ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2023 | $ | 72,302 |  |  | $ | 75,189 |  |  | $ | 88,849 |  |  | $ | 28,982 |  |  | $ | 11,144 |  |  | $ | 10,976 |  |  | $ | 287,442 |
Loans charged off | (860) |  |  | (3,220) |  |  | — |  |  | (1,803) |  |  | — |  |  | (1,396) |  |  | (7,279) |
Recoveries of loans previously charged off | 101 |  |  | 620 |  |  | 37 |  |  | 1,023 |  |  | — |  |  | 400 |  |  | 2,181 |
Net loans (charged off) recovered | (759) |  |  | (2,600) |  |  | 37 |  |  | (780) |  |  | — |  |  | (996) |  |  | (5,098) |
Provision for loan and lease losses(1) (2) | 2,403 |  |  | 9,766 |  |  | (2,685) |  |  | 1,873 |  |  | (2,873) |  |  | 1,911 |  |  | 10,395 |
Balance at September 30, 2023 | $ | 73,946 |  |  | $ | 82,355 |  |  | $ | 86,201 |  |  | $ | 30,075 |  |  | $ | 8,271 |  |  | $ | 11,891 |  |  | $ | 292,739 |
Nine months ended September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2023 | $ | 112,565 |  |  | $ | 74,266 |  |  | $ | 73,286 |  |  | $ | 17,604 |  |  | $ | 12,295 |  |  | $ | 3,388 |  |  | $ | 293,404 |
CECL Day 1 Provision(1) | 6,108 |  |  | 1,484 |  |  | 14,922 |  |  | 444 |  |  | 486 |  |  | — |  |  | 23,444 |
Initial PCD allowance for credit losses | 32,157 |  |  | 19,730 |  |  | 565 |  |  | 357 |  |  | 1,958 |  |  | — |  |  | 54,767 |
Loans charged off | (10,602) |  |  | (16,843) |  |  | (1,417) |  |  | (6,312) |  |  | — |  |  | (2,929) |  |  | (38,103) |
Recoveries of loans previously charged off | 405 |  |  | 3,052 |  |  | 368 |  |  | 2,382 |  |  | 336 |  |  | 538 |  |  | 7,081 |
Net loans (charged off) recovered | (10,197) |  |  | (13,791) |  |  | (1,049) |  |  | (3,930) |  |  | 336 |  |  | (2,391) |  |  | (31,022) |
Provision for loan losses(1) (2) | 2,661 |  |  | 19,675 |  |  | 2,603 |  |  | 2,652 |  |  | 5,922 |  |  | 1,855 |  |  | 35,368 |
Balance at September 30, 2024 | $ | 143,294 |  |  | $ | 101,364 |  |  | $ | 90,327 |  |  | $ | 17,127 |  |  | $ | 20,997 |  |  | $ | 2,852 |  |  | $ | 375,961 |
Nine months ended September 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2022 | $ | 69,456 |  |  | $ | 70,116 |  |  | $ | 83,250 |  |  | $ | 26,429 |  |  | $ | 10,743 |  |  | $ | 9,372 |  |  | $ | 269,366 |
Loans charged off | (14,452) |  |  | (5,849) |  |  | (62) |  |  | (5,322) |  |  | — |  |  | (3,284) |  |  | (28,969) |
Recoveries of loans previously charged off | 916 |  |  | 2,694 |  |  | 143 |  |  | 2,643 |  |  | 771 |  |  | 729 |  |  | 7,896 |
Net loans (charged off) recovered | (13,536) |  |  | (3,155) |  |  | 81 |  |  | (2,679) |  |  | 771 |  |  | (2,555) |  |  | (21,073) |
Provision for loan losses(1)(2) | 18,026 |  |  | 15,394 |  |  | 2,870 |  |  | 6,325 |  |  | (3,243) |  |  | 5,074 |  |  | 44,446 |
Balance at September 30, 2023 | $ | 73,946 |  |  | $ | 82,355 |  |  | $ | 86,201 |  |  | $ | 30,075 |  |  | $ | 8,271 |  |  | $ | 11,891 |  |  | $ | 292,739 |
(1) These amounts are reflected in the provision for credit loss in the Consolidated Statements of Income. (2) Provision included in the table only includes the portion related to net loans.
Total Impaired Loans by Class Segment | The following table presents total non-accrual loans, by class segment:
| September 30, 2024 |  | December 31, 2023
| With a Related Allowance |  | Without a Related Allowance |  | Total |  | With a Related Allowance |  | Without a Related Allowance |  | Total
| (dollars in thousands)
Real estate - commercial mortgage | $ | 12,683 |  |  | $ | 56,703 |  |  | $ | 69,386 |  |  | $ | 23,338 |  |  | $ | 21,467 |  |  | $ | 44,805 |
Commercial and industrial | 36,493 |  |  | 27,121 |  |  | 63,614 |  |  | 12,410 |  |  | 27,542 |  |  | 39,952 |
Real estate - residential mortgage | 22,413 |  |  | 2,018 |  |  | 24,431 |  |  | 18,806 |  |  | 2,018 |  |  | 20,824 |
Real estate - home equity | 7,961 |  |  | 86 |  |  | 8,047 |  |  | 4,649 |  |  | 104 |  |  | 4,753 |
Real estate - construction | 340 |  |  | — |  |  | 340 |  |  | 341 |  |  | 1,000 |  |  | 1,341 |
Consumer | 209 |  |  | — |  |  | 209 |  |  | 52 |  |  | — |  |  | 52 |
Leases and other loans | 194 |  |  | 9,640 |  |  | 9,834 |  |  | 9,255 |  |  | 638 |  |  | 9,893 |
| $ | 80,293 |  |  | $ | 95,568 |  |  | $ | 175,861 |  |  | $ | 68,851 |  |  | $ | 52,769 |  |  | $ | 121,620 |
Financing Receivable Credit Quality Indicators | The following table summarizes designated internal risk rating categories by portfolio segment and loan class, by origination year, in the current period:
|  | September 30, 2024
|  | (dollars in thousands)
|  | Term Loans Amortized Cost Basis by Origination Year | Revolving Loans | Revolving Loans converted to Term Loans |
|  |  | Amortized | Amortized |
| 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Cost Basis | Cost Basis | Total
Real estate - commercial mortgage |  |  |  |  |  |  |  |
| Pass | $ | 439,628 |  | $ | 927,412 |  | $ | 1,144,947 |  | $ | 1,304,578 |  | $ | 1,039,538 |  | $ | 3,409,730 |  | $ | 75,822 |  | $ | 324 |  | $ | 8,341,979 |
| Special Mention | 2,514 |  | 61,815 |  | 175,721 |  | 209,161 |  | 58,007 |  | 217,361 |  | 11,271 |  | — |  | 735,850 |
| Substandard or Lower | 214 |  | 36,240 |  | 63,601 |  | 77,690 |  | 73,501 |  | 162,421 |  | 1,983 |  | — |  | 415,650 |
| Total real estate - commercial mortgage | 442,356 |  | 1,025,467 |  | 1,384,269 |  | 1,591,429 |  | 1,171,046 |  | 3,789,512 |  | 89,076 |  | 324 |  | 9,493,479 |
Real estate - commercial mortgage |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | (126) |  | (84) |  | — |  | — |  | (10,366) |  | — |  | (26) |  | (10,602) |
Commercial and industrial |  |  |  |  |  |  |  |
| Pass | 329,172 |  | 531,373 |  | 543,678 |  | 306,525 |  | 292,198 |  | 774,293 |  | 1,380,049 |  | 6,201 |  | 4,163,489 |
| Special Mention | 13,034 |  | 22,505 |  | 53,936 |  | 45,068 |  | 24,550 |  | 110,455 |  | 151,806 |  | 3,819 |  | 425,173 |
| Substandard or Lower | 9,376 |  | 15,655 |  | 39,900 |  | 6,775 |  | 8,044 |  | 56,206 |  | 168,937 |  | 21,179 |  | 326,072 |
| Total commercial and industrial | 351,582 |  | 569,533 |  | 637,514 |  | 358,368 |  | 324,792 |  | 940,954 |  | 1,700,792 |  | 31,199 |  | 4,914,734 |
Commercial and industrial |  |  |  |  |  |  |  |
| Current period gross charge-offs | (370) |  | (2,093) |  | (268) |  | (606) |  | (280) |  | (5,486) |  | (4,105) |  | (3,635) |  | (16,843) |
Real estate - construction(1) |  |  |  |  |  |  |  |  |
| Pass | 138,942 |  | 430,449 |  | 203,827 |  | 51,226 |  | 6,138 |  | 43,116 |  | 31,078 |  | — |  | 904,776 |
| Special Mention | — |  | 14,619 |  | 87,643 |  | 65,668 |  | 3,282 |  | 527 |  | 2,324 |  | — |  | 174,063 |
| Substandard or Lower | — |  | — |  | 15,387 |  | 4,502 |  | — |  | 22,406 |  | 133 |  | — |  | 42,428 |
| Total real estate - construction | 138,942 |  | 445,068 |  | 306,857 |  | 121,396 |  | 9,420 |  | 66,049 |  | 33,535 |  | — |  | 1,121,267 |
Real estate - construction(1) |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total |  |  |  |  |  |  |  |
| Pass | 907,742 |  | 1,889,234 |  | 1,892,452 |  | 1,662,329 |  | 1,337,874 |  | 4,227,139 |  | 1,486,949 |  | 6,525 |  | 13,410,244 |
| Special Mention | 15,548 |  | 98,939 |  | 317,300 |  | 319,897 |  | 85,839 |  | 328,343 |  | 165,401 |  | 3,819 |  | 1,335,086 |
| Substandard or Lower | 9,590 |  | 51,895 |  | 118,888 |  | 88,967 |  | 81,545 |  | 241,033 |  | 171,053 |  | 21,179 |  | 784,150 |
| Total | $ | 932,880 |  | $ | 2,040,068 |  | $ | 2,328,640 |  | $ | 2,071,193 |  | $ | 1,505,258 |  | $ | 4,796,515 |  | $ | 1,823,403 |  | $ | 31,523 |  | $ | 15,529,480 |
(1) Excludes real estate - construction - other. Included in special mention loans were loans acquired in the Republic First Transaction with a balance of $721.0 million as of September 30, 2024. Included in substandard or lower loans were loans acquired in the Republic First Transaction with a balance of $171.7 million as of September 30, 2024. The following table summarizes designated internal risk rating categories by portfolio segment and loan class, by origination year, in the prior period:
|  | December 31, 2023
|  | (dollars in thousands)
|  | Term Loans Amortized Cost Basis by Origination Year | Revolving Loans | Revolving Loans converted to Term Loans |
|  |  | Amortized | Amortized |
| 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Cost Basis | Cost Basis | Total
Real estate - commercial mortgage |  |  |  |  |  |  |  |
| Pass | $ | 783,673 |  | $ | 993,017 |  | $ | 1,203,852 |  | $ | 984,958 |  | $ | 721,857 |  | $ | 2,822,155 |  | $ | 59,253 |  | $ | 31,636 |  | $ | 7,600,401 |
| Special Mention | 2,767 |  | 43,904 |  | 105,185 |  | 7,862 |  | 35,289 |  | 105,786 |  | 1,760 |  | — |  | 302,553 |
| Substandard or Lower | 366 |  | 20,958 |  | 31,304 |  | 49,142 |  | 26,579 |  | 95,621 |  | 804 |  | — |  | 224,774 |
| Total real estate - commercial mortgage | 786,806 |  | 1,057,879 |  | 1,340,341 |  | 1,041,962 |  | 783,725 |  | 3,023,562 |  | 61,817 |  | 31,636 |  | 8,127,728 |
Real estate - commercial mortgage |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | (424) |  | — |  | (17,575) |  | (17,999) |
Commercial and industrial |  |  |  |  |  |  |  |
| Pass | 626,386 |  | 590,132 |  | 330,576 |  | 341,218 |  | 272,126 |  | 598,838 |  | 1,443,203 |  | 10,736 |  | 4,213,215 |
| Special Mention | 7,936 |  | 9,548 |  | 16,499 |  | 3,577 |  | 6,817 |  | 18,487 |  | 72,775 |  | 198 |  | 135,837 |
| Substandard or Lower | 247 |  | 25,184 |  | 4,611 |  | 3,843 |  | 18,988 |  | 31,663 |  | 105,230 |  | 6,734 |  | 196,500 |
| Total commercial and industrial | 634,569 |  | 624,864 |  | 351,686 |  | 348,638 |  | 297,931 |  | 648,988 |  | 1,621,208 |  | 17,668 |  | 4,545,552 |
Commercial and industrial |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | (299) |  | — |  | — |  | — |  | (249) |  | (682) |  | (8,016) |  | (9,246) |
Real estate - construction(1) |  |  |  |  |  |  |  |
| Pass | 322,922 |  | 258,080 |  | 261,583 |  | 37,426 |  | 9,510 |  | 34,097 |  | 13,677 |  | — |  | 937,295 |
| Special Mention | — |  | 12,622 |  | 25,898 |  | — |  | — |  | — |  | — |  | — |  | 38,520 |
| Substandard or Lower | — |  | 521 |  | 2,229 |  | — |  | 340 |  | 21,284 |  | 168 |  | 2,229 |  | 26,771 |
| Total real estate - construction | 322,922 |  | 271,223 |  | 289,710 |  | 37,426 |  | 9,850 |  | 55,381 |  | 13,845 |  | 2,229 |  | 1,002,586 |
Real estate - construction(1) |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total |  |  |  |  |  |  |  |
| Pass | 1,732,981 |  | 1,841,229 |  | 1,796,011 |  | 1,363,602 |  | 1,003,493 |  | 3,455,090 |  | 1,516,133 |  | 42,372 |  | 12,750,911 |
| Special Mention | 10,703 |  | 66,074 |  | 147,582 |  | 11,439 |  | 42,106 |  | 124,273 |  | 74,535 |  | 198 |  | 476,910 |
| Substandard or Lower | 613 |  | 46,663 |  | 38,144 |  | 52,985 |  | 45,907 |  | 148,568 |  | 106,202 |  | 8,963 |  | 448,045 |
| Total | $ | 1,744,297 |  | $ | 1,953,966 |  | $ | 1,981,737 |  | $ | 1,428,026 |  | $ | 1,091,506 |  | $ | 3,727,931 |  | $ | 1,696,870 |  | $ | 51,533 |  | $ | 13,675,866 |
(1) Excludes real estate - construction - other. The following tables present the amortized cost of these loans based on payment activity, by origination year, for the periods shown:
|  | September 30, 2024
|  | (dollars in thousands)
|  | Term Loans Amortized Cost Basis by Origination Year | Revolving Loans | Revolving Loans converted to Term Loans |
|  |  | Amortized | Amortized |
|  | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Cost Basis | Cost Basis | Total
Real estate - residential mortgage |  |  |  |  |  |  |  |
| Performing | $ | 341,970 |  | $ | 726,077 |  | $ | 1,531,033 |  | $ | 1,748,485 |  | $ | 1,041,766 |  | $ | 871,564 |  | $ | — |  | $ | — |  | $ | 6,260,895 |
| Nonperforming | — |  | 1,257 |  | 4,061 |  | 4,491 |  | 3,538 |  | 28,382 |  | — |  | — |  | 41,729 |
| Total real estate - residential mortgage | 341,970 |  | 727,334 |  | 1,535,094 |  | 1,752,976 |  | 1,045,304 |  | 899,946 |  | — |  | — |  | 6,302,624 |
Real estate - residential mortgage |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | (161) |  | (62) |  | (12) |  | (43) |  | (888) |  | — |  | (251) |  | (1,417) |
Consumer and real estate - home equity |  |  |  |  |  |  |  |
| Performing | 170,366 |  | 124,431 |  | 231,555 |  | 70,197 |  | 51,484 |  | 213,316 |  | 899,502 |  | 22,439 |  | 1,783,290 |
| Nonperforming | 6 |  | 210 |  | 754 |  | 1,225 |  | 254 |  | 6,285 |  | 2,002 |  | 2,093 |  | 12,829 |
| Total consumer and real estate - home equity | 170,372 |  | 124,641 |  | 232,309 |  | 71,422 |  | 51,738 |  | 219,601 |  | 901,504 |  | 24,532 |  | 1,796,119 |
Consumer and real estate - home equity |  |  |  |  |  |  |  |
| Current period gross charge-offs | (77) |  | (627) |  | (1,240) |  | (432) |  | (292) |  | (1,804) |  | (3) |  | (1,837) |  | (6,312) |
Leases and other loans |  |  |  |  |  |  |  |
| Performing | 110,852 |  | 101,880 |  | 66,448 |  | 20,029 |  | 13,167 |  | 13,861 |  | — |  | — |  | 326,237 |
| Nonperforming | — |  | — |  | 531 |  | 63 |  | 38 |  | 9,296 |  | — |  | — |  | 9,928 |
| Leases and other loans | 110,852 |  | 101,880 |  | 66,979 |  | 20,092 |  | 13,205 |  | 23,157 |  | — |  | — |  | 336,165 |
Leases and other loans |  |  |  |  |  |  |  |
| Current period gross charge-offs | (830) |  | (694) |  | (222) |  | (237) |  | (125) |  | (510) |  | (135) |  | (176) |  | (2,929) |
Construction - other |  |  |  |  |  |  |  |  |
| Performing | 84,451 |  | 100,710 |  | 22,764 |  | 2,356 |  | — |  | — |  | — |  | — |  | 210,281 |
| Nonperforming | — |  | — |  | 1,406 |  | — |  | — |  | — |  | — |  | — |  | 1,406 |
| Total construction - other | 84,451 |  | 100,710 |  | 24,170 |  | 2,356 |  | — |  | — |  | — |  | — |  | 211,687 |
Construction - other |  |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total |  |  |  |  |  |  |  |  |
| Performing | 707,639 |  | 1,053,098 |  | 1,851,800 |  | 1,841,067 |  | 1,106,417 |  | 1,098,741 |  | 899,502 |  | 22,439 |  | 8,580,703 |
| Nonperforming | 6 |  | 1,467 |  | 6,752 |  | 5,779 |  | 3,830 |  | 43,963 |  | 2,002 |  | 2,093 |  | 65,892 |
| Total | $ | 707,645 |  | $ | 1,054,565 |  | $ | 1,858,552 |  | $ | 1,846,846 |  | $ | 1,110,247 |  | $ | 1,142,704 |  | $ | 901,504 |  | $ | 24,532 |  | $ | 8,646,595 |
|  | December 31, 2023
|  | (dollars in thousands)
|  | Term Loans Amortized Cost Basis by Origination Year | Revolving Loans | Revolving Loans converted to Term Loans |
|  |  | Amortized | Amortized |
|  | 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Cost Basis | Cost Basis | Total
Real estate - residential mortgage |  |  |  |  |  |  |  |
| Performing | $ | 623,247 |  | $ | 1,126,656 |  | $ | 1,682,759 |  | $ | 984,050 |  | $ | 260,049 |  | $ | 607,133 |  | $ | — |  | $ | — |  | $ | 5,283,894 |
| Nonperforming | — |  | 1,720 |  | 4,888 |  | 4,701 |  | 6,233 |  | 24,487 |  | — |  | — |  | 42,029 |
| Total real estate - residential mortgage | 623,247 |  | 1,128,376 |  | 1,687,647 |  | 988,751 |  | 266,282 |  | 631,620 |  | — |  | — |  | 5,325,923 |
Real estate - residential mortgage |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (62) |  | (62) |
Consumer and Real estate - home equity |  |  |  |  |  |  |  |
| Performing | 272,571 |  | 276,373 |  | 85,985 |  | 62,426 |  | 37,667 |  | 204,913 |  | 805,645 |  | 20,044 |  | 1,765,624 |
| Nonperforming | 295 |  | 455 |  | 866 |  | 282 |  | 354 |  | 5,526 |  | 1,439 |  | 1,661 |  | 10,878 |
| Total consumer and real estate - home equity | 272,866 |  | 276,828 |  | 86,851 |  | 62,708 |  | 38,021 |  | 210,439 |  | 807,084 |  | 21,705 |  | 1,776,502 |
Consumer and Real estate - home equity |  |  |  |  |  |  |  |
| Current period gross charge-offs | (119) |  | — |  | — |  | — |  | — |  | (525) |  | (283) |  | (6,587) |  | (7,514) |
Leases and other loans |  |  |  |  |  |  |  |
| Performing | 166,490 |  | 83,641 |  | 27,755 |  | 22,304 |  | 16,246 |  | 9,867 |  | — |  | — |  | 326,303 |
| Nonperforming | — |  | 118 |  | — |  | — |  | — |  | 9,893 |  | — |  | — |  | 10,011 |
| Leases and other loans | 166,490 |  | 83,759 |  | 27,755 |  | 22,304 |  | 16,246 |  | 19,760 |  | — |  | — |  | 336,314 |
Leases and other loans |  |  |  |  |  |  |  |
| Current period gross charge-offs | (471) |  | (521) |  | (246) |  | (128) |  | (82) |  | (656) |  | (765) |  | (1,511) |  | (4,380) |
Construction - other |  |  |  |  |  |  |  |  |
| Performing | 127,382 |  | 93,319 |  | 13,698 |  | 555 |  | — |  | — |  | — |  | — |  | 234,954 |
| Nonperforming | — |  | 1,535 |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,535 |
| Total construction - other | 127,382 |  | 94,854 |  | 13,698 |  | 555 |  | — |  | — |  | — |  | — |  | 236,489 |
Construction - other |  |  |  |  |  |  |  |  |
| Current period gross charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total |  |  |  |  |  |  |  |  |
| Performing | 1,189,690 |  | 1,579,989 |  | 1,810,197 |  | 1,069,335 |  | 313,962 |  | 821,913 |  | 805,645 |  | 20,044 |  | 7,610,775 |
| Nonperforming | 295 |  | 3,828 |  | 5,754 |  | 4,983 |  | 6,587 |  | 39,906 |  | 1,439 |  | 1,661 |  | 64,453 |
| Total | $ | 1,189,985 |  | $ | 1,583,817 |  | $ | 1,815,951 |  | $ | 1,074,318 |  | $ | 320,549 |  | $ | 861,819 |  | $ | 807,084 |  | $ | 21,705 |  | $ | 7,675,228 |
Non-Performing Assets | The following table presents non-performing assets:
| September 30, 2024 |  | December 31, 2023
| (dollars in thousands)
Non-accrual loans | $ | 175,861 |  |  | $ | 121,620 |
Loans 90 days or more past due and still accruing | 26,286 |  |  | 31,721 |
Total non-performing loans | 202,147 |  |  | 153,341 |
OREO(1) | 2,844 |  |  | 896 |
Total non-performing assets | $ | 204,991 |  |  | $ | 154,237 |
(1) Excludes $15.1 million and $10.9 million of residential mortgage properties for which formal foreclosure proceedings were in process as of September 30, 2024 and December 31, 2023, respectively.
Past due Loan Status and Non-Accrual Loans by Portfolio Segment | The following tables present the aging of the amortized cost basis of loans, by class segment:
| 30-59 |  | 60-89 |  | ≥ 90 Days |  |  |  |  |  |  |  |
| Days Past |  | Days Past |  | Past Due |  |  |  | Non- |  |  |  |
| Due |  | Due |  | and Accruing |  |  |  | Accrual |  | Current |  | Total
| (dollars in thousands)
September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Real estate - commercial mortgage | $ | 37,045 |  |  | $ | 13,818 |  |  | $ | 2,081 |  |  |  |  | $ | 69,386 |  |  | $ | 9,371,149 |  |  | $ | 9,493,479 |
Commercial and industrial(1) | 20,795 |  |  | 5,066 |  |  | 836 |  |  |  |  | 63,614 |  |  | 4,824,423 |  |  | 4,914,734 |
Real estate - residential mortgage | 41,105 |  |  | 9,022 |  |  | 17,296 |  |  |  |  | 24,431 |  |  | 6,210,770 |  |  | 6,302,624 |
Real estate - home equity | 3,893 |  |  | 1,320 |  |  | 3,860 |  |  |  |  | 8,047 |  |  | 1,127,282 |  |  | 1,144,402 |
Real estate - construction | 2,533 |  |  | 832 |  |  | 1,406 |  |  |  |  | 340 |  |  | 1,327,843 |  |  | 1,332,954 |
Consumer | 6,082 |  |  | 1,992 |  |  | 714 |  |  |  |  | 209 |  |  | 642,720 |  |  | 651,717 |
Leases and other loans(1) | 474 |  |  | 373 |  |  | 93 |  |  |  |  | 9,834 |  |  | 325,391 |  |  | 336,165 |
Total | $ | 111,927 |  |  | $ | 32,423 |  |  | $ | 26,286 |  |  |  |  | $ | 175,861 |  |  | $ | 23,829,578 |  |  | $ | 24,176,075 |
(1) Includes unearned income.
| 30-59 Days Past Due |  | 60-89 Days Past Due |  | ≥ 90 Days Past Due and Accruing |  | Non- accrual |  | Current |  | Total
| (dollars in thousands)
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Real estate - commercial mortgage | $ | 4,408 |  |  | $ | 1,341 |  |  | $ | 1,722 |  |  | $ | 44,805 |  |  | $ | 8,075,452 |  |  | $ | 8,127,728 |
Commercial and industrial(1) | 5,620 |  |  | 1,656 |  |  | 1,068 |  |  | 39,952 |  |  | 4,497,256 |  |  | 4,545,552 |
Real estate - residential mortgage | 49,145 |  |  | 10,838 |  |  | 21,205 |  |  | 20,824 |  |  | 5,223,911 |  |  | 5,325,923 |
Real estate - home equity | 8,142 |  |  | 2,075 |  |  | 5,326 |  |  | 4,753 |  |  | 1,026,888 |  |  | 1,047,184 |
Real estate - construction | 4,185 |  |  | 451 |  |  | 1,535 |  |  | 1,341 |  |  | 1,231,563 |  |  | 1,239,075 |
Consumer | 8,361 |  |  | 1,767 |  |  | 747 |  |  | 52 |  |  | 718,391 |  |  | 729,318 |
Leases and other loans(1) | 146 |  |  | 722 |  |  | 118 |  |  | 9,893 |  |  | 325,435 |  |  | 336,314 |
Total | $ | 80,007 |  |  | $ | 18,850 |  |  | $ | 31,721 |  |  | $ | 121,620 |  |  | $ | 21,098,896 |  |  | $ | 21,351,094 |
(1) Includes unearned income.
Financing Receivables, Loan Modifications | The following table presents the amortized cost basis of the loans modified to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of concession granted:
| Term Extension
| 2024 | 2023
| Amortization Cost Basis |  | % of Class of Financing Receivable | Amortization Cost Basis |  | % of Class of Financing Receivable
| (dollars in thousands)
Three months ended September 30 |  |  |  |  |  |
Real estate - commercial mortgage | $ | — |  |  | — | % | $ | 1,120 |  |  | 0.01 | %
Commercial and industrial | — |  |  | — |  | 7 |  |  | — |
Real estate - residential mortgage | 2,976 |  |  | 0.05 |  | 1,933 |  |  | 0.04 |
Real estate - home equity | 256 |  |  | 0.02 |  | — |  |  | — |
Total | $ | 3,232 |  |  |  | $ | 3,060 |  |  |
Nine months ended September 30 |  |  |  |  |  |
Real estate - commercial mortgage | $ | 20,458 |  |  | 0.22 | % | $ | 2,556 |  |  | 0.03 | %
Commercial and industrial | — |  |  | — |  | 66 |  |  | — |
Real estate - residential mortgage | 8,643 |  |  | 0.14 |  | 5,343 |  |  | 0.10 |
Real estate - home equity | 394 |  |  | 0.03 |  | — |  |  | — |
Real estate - construction | 605 |  |  | 0.05 |  | — |  |  | — |
Total | $ | 30,100 |  |  |  | $ | 7,965 |  |  |
| Interest Rate Reduction and Term Extension
| 2024 | 2023
| Amortized Cost Basis |  | % of Class of Financing Receivable | Amortized Cost Basis |  | % of Class of Financing Receivable
| (dollars in thousands)
Three months ended September 30 |  |  |  |  |  |
Real estate - residential mortgage | $ | 622 |  |  | 0.01 | % | $ | — |  |  | — | %
Total | $ | 622 |  |  |  | $ | — |  |  |
Nine months ended September 30 |  |  |  |  |  |
Real estate - residential mortgage | $ | 1,941 |  |  | 0.03 | % | $ | — |  |  | — | %
Total | $ | 1,941 |  |  |  | $ | — |  |  |
The following table presents the financial effect of the modifications made to borrowers experiencing financial difficulty:
| Term Extension |  |  |  |  |  |
| Financial Effect |  |  |  |  |  |
Three months ended September 30, 2024 |  |  |  |  |  |  |
Real estate - residential mortgage | Added a weighted-average 10.22 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Real estate - home equity | Added a weighted-average 12.40 years to the life of loans, which reduced monthly payment amounts for borrowers. |  |  |  |  |  |
Three months ended September 30, 2023 |  |  |  |  |  |  |
Real estate - commercial mortgage | Added a weighted-average 0.50 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Commercial and industrial | Added a weighted-average 0.92 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Real estate - residential mortgage | Added a weighted-average 4.49 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Nine months ended September 30, 2024 |  |  |  |  |  |  |
Real estate - commercial mortgage | Added a weighted-average 2.00 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Real estate - residential mortgage | Added a weighted-average 8.43 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Real estate - home equity | Added a weighted-average 14.31 years to the life of loans, which reduced monthly payment amounts for borrowers. |  |  |  |  |  |
Real estate - construction | Added a weighted-average 0.67 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Nine months ended September 30, 2023 |  |  |  |  |  |  |
Real estate - commercial mortgage | Added a weighted-average 2.43 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Commercial and industrial | Added a weighted-average 3.76 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
Real estate - residential mortgage | Added a weighted-average 4.58 years to the life of loans, which reduced monthly payment amounts for the borrowers. |  |  |  |  |  |
| Interest Rate Reduction(1)
| Financial Effect
Three months ended September 30, 2024 |
Real estate - residential mortgage | Reduced weighted-average interest rate from 4.02% to 2.49%
Nine months ended September 30, 2024 |
Real estate - residential mortgage | Reduced weighted-average interest rate from 2.86% to 1.71%
(1) There were no loan modifications with interest rate reductions for the three months and nine months ended September 30, 2023. The following table presents the performance of loans that have been modified due to financial difficulty in the previous 12 months:
|  |  | 30-89 |  | 90+ |  | Total
|  |  | Days Past |  | Past Due |  | Past
| Current |  | Due |  | and Accruing |  | Due
September 30, 2024 | (dollars in thousands)
Real estate - commercial mortgage | $ | 20,458 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Real estate - residential mortgage | 7,690 |  |  | 3,633 |  |  | 3,035 |  |  | 6,668 |
Real estate - home equity | 214 |  |  | 173 |  |  | 7 |  |  | 180 |
Real estate - construction | 605 |  |  | — |  |  | — |  |  | — |
Total | $ | 28,967 |  |  | $ | 3,806 |  |  | $ | 3,042 |  |  | $ | 6,848 |

X
- Definition Schedule Of Gross Loans [Text Block] + References No definition available. + Details
Name: | fult_ScheduleOfGrossLoansTableTextBlock
Namespace Prefix: | fult_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of the components of the allowance for credit losses as of the balance sheet date. + References No definition available. + Details
Name: | fult_ScheduleofAllowanceforCreditLossesTableTextBlock
Namespace Prefix: | fult_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Non Performing Assets [Text Block] + References No definition available. + Details
Name: | fult_ScheduleofNonPerformingAssetsTableTextBlock
Namespace Prefix: | fult_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-29 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-15 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration