Allowance for Credit Losses

Schedule of activity in the Liability for Credit Losses for Off-Balance-Sheet Financial Instruments

Year Ended December 31, 2024

Commercial Lending

Residential Lending

Commercial

Home

and

Real

Lease

Residential

Equity

(dollars in thousands)

Industrial

Estate

Construction

Financing

Mortgage

Line

Consumer

Total

Reserve for unfunded commitments:

Balance at beginning of year

$

9,116

$

1,787

$

8,048

$

—

$

24

$

16,589

$

41

$

35,605

Provision

(1,004)

(784)

(230)

—

(21)

(696)

(23)

(2,758)

Balance at end of year

$

8,112

$

1,003

$

7,818

$

—

$

3

$

15,893

$

18

$

32,847


	Year Ended December 31, 2023
	Commercial Lending								Residential Lending
	Commercial		Commercial								Home
	and		Real				Lease		Residential		Equity
(dollars in thousands)	Industrial		Estate		Construction		Financing		Mortgage		Line		Consumer		Total
Reserve for unfunded commitments:
Balance at beginning of year	$	7,811	$	2,004	$	7,470	$	—	$	30	$	16,483	$	37	$	33,835
Provision		1,305		(217)		578		—		(6)		106		4		1,770
Balance at end of year	$	9,116	$	1,787	$	8,048	$	—	$	24	$	16,589	$	41	$	35,605


	Year Ended December 31, 2022
	Commercial Lending								Residential Lending
	Commercial		Commercial								Home
	and		Real				Lease		Residential		Equity
(dollars in thousands)	Industrial		Estate		Construction		Financing		Mortgage		Line		Consumer		Total
Reserve for unfunded commitments:
Balance at beginning of year	$	8,615	$	2,114	$	8,963	$	—	$	15	$	10,546	$	69	$	30,322
Provision		(804)		(110)		(1,493)		—		15		5,937		(32)		3,513
Balance at end of year	$	7,811	$	2,004	$	7,470	$	—	$	30	$	16,483	$	37	$	33,835

Schedule of aging analyses of past due loans and leases

December 31, 2024

Past Due

Loans and

Greater

Leases Past

Than or

Due 90 Days

30-59

60-89

Equal to

or More and

Days

90 Days

Total

Total Loans

Still Accruing

(dollars in thousands)

Past Due

Current

and Leases

Interest

Commercial and industrial

$

1,481

$

563

$

1,595

$

3,639

$

2,243,789

$

2,247,428

$

1,432

Commercial real estate

—

153

4,463,839

4,463,992

—

Construction

434

1,179

536

2,149

916,177

918,326

536

Lease financing

—

434,650

—

Residential mortgage

19,971

7,478

9,392

36,841

4,131,313

4,168,154

1,317

Home equity line

5,647

972

3,945

10,564

1,141,175

1,151,739

—

Consumer

17,591

3,946

2,734

24,271

999,698

1,023,969

2,734

Total

$

45,124

$

14,138

$

18,355

$

77,617

$

14,330,641

$

14,408,258

$

6,019


	December 31, 2023
	Past Due												Loans and
					Greater								Leases Past
					Than or								Due 90 Days
	30-59		60-89		Equal to								or More and
	Days		Days		90 Days		Total				Total Loans		Still Accruing
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		and Leases		Interest
Commercial and industrial	$	2,611	$	349	$	1,464	$	4,424	$	2,160,925	$	2,165,349	$	494
Commercial real estate		—		196		300		496		4,339,747		4,340,243		300
Construction		25,191		—		—		25,191		875,101		900,292		—
Lease financing		—		—		—		—		379,809		379,809		—
Residential mortgage		5,244		1,475		4,720		11,439		4,271,876		4,283,315		—
Home equity line		5,940		624		3,550		10,114		1,164,474		1,174,588		—
Consumer		23,259		3,897		2,702		29,858		1,080,043		1,109,901		2,702
Total	$	62,245	$	6,541	$	12,736	$	81,522	$	14,271,975	$	14,353,497	$	3,496

Schedule of loans modified to borrowers experiencing financial difficulty


		Interest Rate Reduction
		Year Ended December 31,				Year Ended December 31,
		2024				2023
		Amortized	% of Total Class			Amortized	% of Total Class
(dollars in thousands)		Cost Basis⁽¹⁾	of Financing Receivable			Cost Basis⁽¹⁾	of Financing Receivable
Commercial real estate	$	—	—	%	$	5	n/m	%
Consumer		1,485	0.15			1,161	0.10
Total	$	1,485	0.01	%	$	1,166	0.01	%

n/m – Represents less than 0.01% of total class of financing receivable.

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the year.


		Term Extension
		Year Ended December 31,				Year Ended December 31,
		2024				2023
		Amortized	% of Total Class			Amortized	% of Total Class
(dollars in thousands)		Cost Basis⁽¹⁾	of Financing Receivable			Cost Basis⁽¹⁾	of Financing Receivable
Commercial and industrial	$	456	0.02	%	$	524	0.02	%
Commercial real estate		1,861	0.04			3,114	0.07
Construction		—	—			665	0.07
Residential mortgage		1,057	0.03			1,410	0.03
Consumer		263	0.03			135	0.01
Total	$	3,637	0.03	%	$	5,848	0.04	%

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the year.

Other-Than-Insignificant Payment Delay

Year Ended December 31,

2024

2023

Amortized

% of Total Class

Amortized

% of Total Class

(dollars in thousands)

Cost Basis⁽¹⁾

of Financing Receivable

Cost Basis⁽¹⁾

of Financing Receivable

Residential mortgage

$

1,966

0.05

%

$

—

%

Total

$

1,966

0.01

%

$

—

%

Tabular disclosure of financing receivables to borrowers experiencing financial difficulty modified within the previous 12 months and for which there was a payment default


	Amortized Cost Basis of Modified Loans That Subsequently Defaulted⁽¹⁾
	Year Ended December 31, 2024				Year Ended December 31, 2023
(dollars in thousands)	Interest Rate Reduction		Term Extension		Interest Rate Reduction		Term Extension
Commercial and industrial	$	—	$	121	$	—	$	—
Residential mortgage		—		316		—		—
Consumer		807		26		318		6
Total	$	807	$	463	$	318	$	6

(1)	The amortized cost basis reflects all partial paydowns and charge-offs since the modification date and do not include loans modified to borrowers experiencing financial difficulty that have been fully paid off, charged off, or foreclosed upon by the end of the year.

Schedule of Receivables, Troubled Debt Restructurings by Creditors


	Year Ended December 31, 2022
	Number of	Recorded		Related
(dollars in thousands)	Contracts⁽¹⁾	Investment⁽²⁾		ACL
Commercial and industrial	5	$	205	$	17
Residential mortgage	1		247		31
Consumer	258		2,173		443
Total	264	$	2,625	$	491

(1)	The number of contracts does not include TDRs that have been fully paid off, charged off or foreclosed upon by the end of the year.

(2)	The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off or foreclosed upon by the end of the year.