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LOANS AND CREDIT QUALITY (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Loans held for investment

LHFI consists of the following:

			At December 31,
(in thousands)			2023						2022
CRE
Non-owner occupied CRE			$	641,885					$	658,085
Multifamily			3,940,189						3,975,754
Construction/land development			565,916						627,663
Total			5,147,990						5,261,502
Commercial and industrial loans
Owner occupied CRE			391,285						443,363
Commercial business			359,049						359,747
Total			750,334						803,110
Consumer loans
Single family			1,140,279						1,009,001
Home equity and other			384,301						352,707
Total (1)			1,524,580						1,361,708
Total LHFI			7,422,904						7,426,320
ACL			(40,500)						(41,500)
Total LHFI less ACL			$	7,382,404					$	7,384,820

(1)    Includes $1.3 million and $5.9 million at December 31, 2023 and 2022, respectively, of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in the consolidated income statements.

Schedule of related party transactions

The following is a summary of activity during the years ended December 2023 and 2022 with respect to such aggregate loans to these related parties and their associates:

			Years Ended December 31,
(in thousands)			2023						2022
Beginning balance			$	1,978					$	1,548
New loans and advances, net of principal repayments			(46)						430
Ending balance			$	1,932					$	1,978

Activity in the allowance for credit losses

Activity in the ACL for LHFI and the allowance for unfunded commitments was as follows:

									Years Ended December 31,
(in thousands)															2023						2022						2021
Beginning balance															$	41,500					$	47,123					$	64,294
Provision for credit losses															(67)						(4,995)						(15,816)
Net (charge-offs) recoveries															(933)						(628)						(1,355)
Ending balance															$	40,500					$	41,500					$	47,123
Allowance for unfunded commitments
Beginning balance															$	2,197					$	2,404					$	1,588
Provision for credit losses															(374)						(207)						816
Ending balance															$	1,823					$	2,197					$	2,404
Provision for credit losses:
Allowance for credit losses-loans															$	(67)					$	(4,995)					$	(15,816)
Allowance for unfunded commitments															(374)						(207)						816
Total															$	(441)					$	(5,202)					$	(15,000)

Activity in the ACL by loan portfolio and loan sub-class was as follows:

			Year Ended December 31, 2023
(in thousands)			Beginning balance						Charge-offs						Recoveries						Provision						Ending balance
CRE
Non-owner occupied CRE			$	2,102					$	—					$	—					$	508					$	2,610
Multifamily			10,974						—						—						2,119						13,093
Construction/land development
Multifamily construction			998						—						—						2,985						3,983
CRE construction			196						—						—						(7)						189
Single family construction			12,418						—						—						(5,053)						7,365
Single family construction to permanent			1,171						—						—						(499)						672
Total			27,859						—						—						53						27,912
Commercial and industrial loans
Owner occupied CRE			1,030						—						—						(131)						899
Commercial business			3,247						(1,062)						87						678						2,950
Total			4,277						(1,062)						87						547						3,849
Consumer loans
Single family			5,610						—						23						(346)						5,287
Home equity and other			3,754						(319)						338						(321)						3,452
Total			9,364						(319)						361						(667)						8,739
Total ACL			$	41,500					$	(1,381)					$	448					$	(67)					$	40,500

			Year Ended December 31, 2022
(in thousands)			Beginning balance						Charge-offs						Recoveries						Provision						Ending balance
CRE
Non-owner occupied CRE			$	7,509					$	—					$	—					$	(5,407)					$	2,102
Multifamily			5,854						—						—						5,120						10,974
Construction/land development
Multifamily construction			507						—						—						491						998
CRE construction			150						—						—						46						196
Single family construction			6,411						—						—						6,007						12,418
Single family construction to permanent			1,055						—						—						116						1,171
Total			21,486						—						—						6,373						27,859
Commercial and industrial loans
Owner occupied CRE			5,006												—						(3,976)						1,030
Commercial business			12,273						(1,098)						163						(8,091)						3,247
Total			17,279						(1,098)						163						(12,067)						4,277
Consumer loans
Single family			4,394						—						143						1,073						5,610
Home equity and other			3,964						(168)						332						(374)						3,754
Total			8,358						(168)						475						699						9,364
Total ACL			$	47,123					$	(1,266)					$	638					$	(4,995)					$	41,500

			Year Ended December 31, 2021
(in thousands)			Beginning balance						Charge-offs						Recoveries						Provision						Ending balance
CRE
Non-owner occupied CRE			$	8,845					$	—					$	—					$	(1,336)					$	7,509
Multifamily			6,072						—						—						(218)						5,854
Construction/land development
Multifamily construction			4,903						—						—						(4,396)						507
CRE construction			1,670						—						—						(1,520)						150
Single family construction			5,130						—						—						1,281						6,411
Single family construction to permanent			1,315						—						—						(260)						1,055
Total			27,935						—						—						(6,449)						21,486
Commercial and industrial loans
Owner occupied CRE			4,994						—						—						12						5,006
Commercial business			17,043						(1,739)						146						(3,177)						12,273
Total			22,037						(1,739)						146						(3,165)						17,279
Consumer loans
Single family			6,906						(127)						291						(2,676)						4,394
Home equity and other			7,416						(483)						557						(3,526)						3,964
Total			14,322						(610)						848						(6,202)						8,358
Total ACL			$	64,294					$	(2,349)					$	994					$	(15,816)					$	47,123

Designated loan grades by loan portfolio segment and loan class

The following table presents a vintage analysis of the commercial portfolio segment by loan sub-class and risk rating or delinquency status:

						At December 31, 2023
(in thousands)						2023						2022						2021						2020						2019						2018 and prior						Revolving						Revolving-term						Total
COMMERCIAL PORTFOLIO
Non-owner occupied CRE
Pass						$	1,499					$	70,388					$	71,217					$	41,235					$	118,900					$	286,379					$	601					$	—					$	590,219
Special Mention						—						—						—						—						686						34,177						—						—						34,863
Substandard						—						—						—						—						16,230						—						573						—						16,803
Total						1,499						70,388						71,217						41,235						135,816						320,556						1,174						—						641,885
Multifamily
Pass						108,274						1,813,647						1,151,677						475,708						189,567						177,712						—						—						3,916,585
Special Mention						—						—						3,942						12,887						2,368						1,344						—						—						20,541
Substandard						—						—						—						—						—						3,063						—						—						3,063
Total						108,274						1,813,647						1,155,619						488,595						191,935						182,119						—						—						3,940,189
Multifamily construction
Pass						(198)						56,013						112,234						—						—						—						—						—						168,049
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						—						—						—						—						—						—						—						—
Total						(198)						56,013						112,234						—						—						—						—						—						168,049
CRE construction
Pass						7						—						14,685						—						—						—						—						—						14,692
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						—						—						3,821						—						—						—						—						3,821
Total						7						—						14,685						3,821						—						—						—						—						18,513
Single family construction
Pass						75,305						39,621						12,294						—						—						72						146,758						—						274,050
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						—						—						—						—						—						—						—						—
Total						75,305						39,621						12,294						—						—						72						146,758						—						274,050
Single family construction to permanent
Current						27,114						56,469						19,871						1,850						—						—						—						—						105,304
Past due:
30-59 days						—						—						—						—						—						—						—						—						—
60-89 days						—						—						—						—						—						—						—						—						—
90+ days						—						—						—						—						—						—						—						—						—
Total						27,114						56,469						19,871						1,850						—						—						—						—						105,304
Owner occupied CRE
Pass						12,459						68,399						39,629						43,399						65,392						111,199						2						1,122						341,601
Special Mention						1,871						1,478						9,290						—						2,956						28,784						—						—						44,379
Substandard						1						—						—						—						253						5,051						—						—						5,305
Total						14,331						69,877						48,919						43,399						68,601						145,034						2						1,122						391,285
Commercial business
Pass						17,970						45,892						27,227						33,404						16,198						24,903						157,656						973						324,223
Special Mention						—						11,465						2,891						—						452						38						3,485						—						18,331
Substandard						—						—						2,134						7,601						3,788						1,886						1,021						65						16,495
Total						17,970						57,357						32,252						41,005						20,438						26,827						162,162						1,038						359,049
Total commercial portfolio						$	244,302					$	2,163,372					$	1,467,091					$	619,905					$	416,790					$	674,608					$	310,096					$	2,160					$	5,898,324

The following table presents a vintage analysis of the consumer portfolio segment by loan sub-class and delinquency status:

						At December 31, 2023
(in thousands)						2023						2022						2021						2020						2019						2018 and prior						Revolving						Revolving-term						Total
CONSUMER PORTFOLIO
Single family
Current						$	27,011					$	354,691					$	313,866					$	147,183					$	49,126					$	245,574					$	—					$	—					$	1,137,451
Past due:
30-59 days						—						—						—						—						—						781						—						—						781
60-89 days						—						—						—						—						—						1,374						—						—						1,374
90+ days						—						—						—						—						—						673						—						—						673
Total						27,011						354,691						313,866						147,183						49,126						248,402						—						—						1,140,279
Home equity and other
Current						2,165						2,493						311						121						46						1,631						370,462						5,483						382,712
Past due:
30-59 days						8						2						—						—						—						—						802						162						974
60-89 days						1						3						—						—						—						—						419						—						423
90+ days						—						—						—						—						—						24						162						6						192
Total						2,174						2,498						311						121						46						1,655						371,845						5,651						384,301
Total consumer portfolio (1)						$	29,185					$	357,189					$	314,177					$	147,304					$	49,172					$	250,057					$	371,845					$	5,651					$	1,524,580
Total LHFI						$	273,487					$	2,520,561					$	1,781,268					$	767,209					$	465,962					$	924,665					$	681,941					$	7,811					$	7,422,904

(1)    Includes $1.3 million of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes in fair value recognized in the consolidated income statements.

The following table presents a vintage analysis of the commercial portfolio segment by loan sub-class and risk rating or delinquency status:

						At December 31, 2022
(in thousands)						2022						2021						2020						2019						2018						2017 and prior						Revolving						Revolving-term						Total
COMMERCIAL PORTFOLIO
Non-owner occupied CRE
Pass						$	68,301					$	68,356					$	42,181					$	139,760					$	87,197					$	242,544					$	2,016					$	786					$	651,141
Special Mention						—						—						—						—						2,702						4,242						—						—						6,944
Substandard						—						—						—						—						—						—						—						—						—
Total						68,301						68,356						42,181						139,760						89,899						246,786						2,016						786						658,085
Multifamily
Pass						1,828,568						1,165,434						528,077						221,974						59,340						140,126						—						—						3,943,519
Special Mention						—						—						4,893						19,834						—						7,508						—						—						32,235
Substandard						—						—						—						—						—						—						—						—						—
Total						1,828,568						1,165,434						532,970						241,808						59,340						147,634						—						—						3,975,754
Multifamily construction
Pass						18,110						63,394						13,613						—						—						—						—						—						95,117
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						—						—						—						—						—						—						—						—
Total						18,110						63,394						13,613						—						—						—						—						—						95,117
CRE construction
Pass						341						14,348						3,960						—						—						305						—						—						18,954
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						—						—						—						—						—						—						—						—
Total						341						14,348						3,960						—						—						305						—						—						18,954
Single family construction
Pass						149,133						50,936						24,807						519						—						74						123,303						—						348,772
Special Mention						—						—						—						—						—						—						—						—						—
Substandard						—						6,782						—						—						—						—						—						—						6,782
Total						149,133						57,718						24,807						519						—						74						123,303						—						355,554
Single family construction to permanent
Current						66,034						76,814						11,128						3,268						794						—						—						—						158,038
Past due:
30-59 days						—						—						—						—						—						—						—						—						—
60-89 days						—						—						—						—						—						—						—						—						—
90+ days						—						—						—						—						—						—						—						—						—
Total						66,034						76,814						11,128						3,268						794						—						—						—						158,038
Owner occupied CRE
Pass						70,192						51,919						44,778						71,652						36,457						139,691						3						1,104						415,796
Special Mention						—						743						—						—						6,179						13,485						—						—						20,407
Substandard						—						—						—						—						2,149						5,011						—						—						7,160
Total						70,192						52,662						44,778						71,652						44,785						158,187						3						1,104						443,363
Commercial business
Pass						65,566						42,921						45,940						18,594						13,548						18,779						130,427						2,041						337,816
Special Mention						—						612						—						3,577						9						3,444						403						—						8,045
Substandard						—						338						2,638						4,449						2,591						2,206						1,563						101						13,886
Total						65,566						43,871						48,578						26,620						16,148						24,429						132,393						2,142						359,747
Total commercial portfolio						$	2,266,245					$	1,542,597					$	722,015					$	483,627					$	210,966					$	577,415					$	257,715					$	4,032					$	6,064,612

The following table presents a vintage analysis of the consumer portfolio segment by loan sub-class and delinquency status:

						At December 31, 2022
(in thousands)						2022						2021						2020						2019						2018						2017 and prior						Revolving						Revolving-term						Total
CONSUMER PORTFOLIO
Single family
Current						$	273,786					$	253,937					$	152,773					$	49,302					$	43,511					$	231,277					$	—					$	—					$	1,004,586
Past due:
30-59 days						—						—						—						—						340						2,113						—						—						2,453
60-89 days						—						—						—						—						—						258						—						—						258
90+ days						—						—						—						290						273						1,141						—						—						1,704
Total						273,786						253,937						152,773						49,592						44,124						234,789						—						—						1,009,001
Home equity and other
Current						4,156						692						220						150						72						1,593						340,567						4,017						351,467
Past due:
30-59 days						—						6						—						—						—						9						446						—						461
60-89 days						6						24						—						—						—						48						517						—						595
90+ days						—						—						—						—						—						151						33						—						184
Total						4,162						722						220						150						72						1,801						341,563						4,017						352,707
Total consumer portfolio (1)						$	277,948					$	254,659					$	152,993					$	49,742					$	44,196					$	236,590					$	341,563					$	4,017					$	1,361,708
Total LHFI						$	2,544,193					$	1,797,256					$	875,008					$	533,369					$	255,162					$	814,005					$	599,278					$	8,049					$	7,426,320

(1)    Includes $5.9 million of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes in fair value recognized in the consolidated income statements.

The following table presents a vintage analysis of the commercial and consumer portfolio segment by loan sub-class and gross charge-offs:

			At December 31, 2023
(in thousands)			2023						2022						2021						2020						2019						2018 and prior						Revolving						Revolving-term						Total
COMMERCIAL PORTFOLIO
Commercial business
Gross charge-offs			$	—					$	—					$	(184)					$	—					$	(1,136)					$	295					$	13					$	(50)					$	(1,062)
CONSUMER PORTFOLIO
Home equity and other
Gross charge-offs			—						(106)						(22)						—						—						(4)						(187)						—						(319)
Total LHFI			$	—					$	(106)					$	(206)					$	—					$	(1,136)					$	291					$	(174)					$	(50)					$	(1,381)

Schedule of collateral dependent loans

The following table presents the amortized cost basis of collateral-dependent loans by loan sub-class and collateral type:

						At December 31, 2023
(in thousands)						Land						1-4 Family												Non-residential real estate						Other non-real estate						Total
CRE
Non-owner occupied CRE						$	—					$	573											$	16,230					$	—					$	16,803
Construction/land development
CRE construction						—						—												3,821						—						3,821
Total						—						573												20,051						—						20,624
Commercial and industrial loans
Commercial business						—						2,788												5,471						4,587						12,846
Total						—						2,788												5,471						4,587						12,846
Consumer loans
Single family						—						773												—						—						773
Total						—						773												—						—						773
Total collateral-dependent loans						$	—					$	4,134											$	25,522					$	4,587					$	34,243

						At December 31, 2022
(in thousands)						Land						1-4 Family												Non-residential real estate						Other non-real estate						Total
Commercial and industrial loans
Owner occupied CRE						$	1,111					$	—											$	1,410					$	—					$	2,521
Commercial business						62						3,186												562						—						3,810
Total collateral-dependent loans						$	1,173					$	3,186											$	1,972					$	—					$	6,331

Schedule of loans on nonaccrual with no related allowance for credit loss

The following table presents nonaccrual status for loans:

						At December 31, 2023												At December 31, 2022
(in thousands)						Nonaccrual with no related ACL						Total Nonaccrual						Nonaccrual with no related ACL						Total Nonaccrual
CRE
Non-owner occupied CRE						$	16,803					$	16,803					$	—					$	—
Construction/land development
CRE construction						3,821						3,821						—						—
Total						20,624						20,624						—						—
Commercial and industrial loans
Owner occupied CRE						706						706						2,521						2,521
Commercial business						13,151						13,686						785						4,269
Total						13,857						14,392						3,306						6,790
Consumer loans
Single family						773						2,650						332						2,584
Home equity and other						—						1,310						3						681
Total						773						3,960						335						3,265
Total nonaccrual loans						$	35,254					$	38,976					$	3,641					$	10,055

Past due loans by loan portfolio segment and loan class

The following tables present an aging analysis of past due loans by loan portfolio segment and loan sub-class:

			At December 31, 2023
			Past Due and Still Accruing
(in thousands)			30-59 days						60-89 days						90 days or more						Nonaccrual						Total past due and nonaccrual (1)						Current						Total loans
CRE
Non-owner occupied CRE			$	—					$	—					$	—					$	16,803					$	16,803					$	625,082					$	641,885
Multifamily			—						1,915						—						—						1,915						3,938,274						3,940,189
Construction/land development
Multifamily construction			—						—						—						—						—						168,049						168,049
CRE construction			—						—						—						3,821						3,821						14,692						18,513
Single family construction			—						—						—						—						—						274,050						274,050
Single family construction to permanent			—						—						—						—						—						105,304						105,304
Total			—						1,915						—						20,624						22,539						5,125,451						5,147,990
Commercial and industrial loans
Owner occupied CRE			—						—						—						706						706						390,579						391,285
Commercial business			—						—						—						13,686						13,686						345,363						359,049
Total			—						—						—						14,392						14,392						735,942						750,334
Consumer loans
Single family			5,174						1,993						4,261			(2)			2,650						14,078						1,126,201						1,140,279
Home equity and other			974						225						—						1,310						2,509						381,792						384,301
Total			6,148						2,218						4,261						3,960						16,587						1,507,993						1,524,580			(3)
Total loans			$	6,148					$	4,133					$	4,261					$	38,976					$	53,518					$	7,369,386					$	7,422,904
%			0.08		%				0.05		%				0.06		%				0.53		%				0.72		%				99.28		%				100.00		%

			At December 31, 2022
			Past Due and Still Accruing
(in thousands)			30-59 days						60-89 days						90 days or more						Nonaccrual						Total past due and nonaccrual (1)						Current						Total loans
CRE
Non-owner occupied CRE			$	—					$	—					$	—					$	—					$	—					$	658,085					$	658,085
Multifamily			—						—						—						—						—						3,975,754						3,975,754
Construction/land development
Multifamily construction			—						—						—						—						—						95,117						95,117
CRE construction			—						—						—						—						—						18,954						18,954
Single family construction			—						—						—						—						—						355,554						355,554
Single family construction to permanent			—						—						—						—						—						158,038						158,038
Total			—						—						—						—						—						5,261,502						5,261,502
Commercial and industrial loans
Owner occupied CRE			—						—						—						2,521						2,521						440,842						443,363
Commercial business			—						—						—						4,269						4,269						355,478						359,747
Total			—						—						—						6,790						6,790						796,320						803,110
Consumer loans
Single family			4,556						1,724						4,372			(2)			2,584						13,236						995,765						1,009,001
Home equity and other			267						296						—						681						1,244						351,463						352,707
Total			4,823						2,020						4,372						3,265						14,480						1,347,228						1,361,708			(3)
Total loans			$	4,823					$	2,020					$	4,372					$	10,055					$	21,270					$	7,405,050					$	7,426,320
%			0.06		%				0.03		%				0.06		%				0.14		%				0.29		%				99.71		%				100.00		%

(1)Includes loans whose repayments are insured by the FHA or guaranteed by the VA or SBA of $12.4 million and $10.6 million at December 31, 2023 and 2022, respectively.

(2)FHA-insured and VA-guaranteed single family loans that are 90 days or more past due are maintained on accrual status if they are determined to have little to no risk of loss.

(3)Includes $1.3 million and $5.9 million of loans at December 31, 2023 and 2022, respectively, where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes in fair value recognized in our consolidated income statements.

Financing receivable, modified

The following tables provide information related to MBFDs for the years ended December 31, 2023 and 2022 disaggregated by class of financing receivable and type of concession granted:

			Significant Payment Delay
			Years Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Commercial business			$	839					0.23		%				$	—					—		%
Single family			1,082						0.09		%				1,377						0.14		%
Home equity and other			—						—		%				69						0.02		%

			Term Extension
			Years Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Commercial business			$	9,850					2.74		%				$	1,562					0.43		%
Single family			273						0.02		%				269						0.03		%

			Interest Rate Reduction and Significant Payment Delay
			Years Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Commercial business			$	—					—		%				$	459					0.13		%

			Interest Rate Reduction and Term Extension
			Years Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Single family			$	—					—		%				$	814					0.08		%

			Significant Payment Delay and Term Extension
			Year Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Non-owner occupied CRE			$	16,230					2.53		%				$	—					—		%
Construction/land development			3,821						0.68		%				—						—		%
Single family			2,526						0.22		%				13,742						1.36		%
Home equity and other			—						—		%				51						0.01		%

			Interest Rate Reduction, Significant Payment Delay and Term Extension
			Years Ended December 31,
			2023												2022
(in thousands, except percentages)			Amortized Cost Basis at Period End						% of Total Class of Financing Receivable						Amortized Cost Basis at Period End						% of Total Class of Financing Receivable
Single family			$	191					0.02		%				$	6,500					0.64		%

Financing receivable, loan modifications, financial effect

The following table describes the financial effect of the MBFDs:

			Interest Rate Reduction
			Years Ended December 31,
			2023						2022
Commercial business			—						Reduced weighted-average contractual interest rate from 5.72% to 4.00%.
Single family			Reduced weighted-average contractual interest rate from 5.25% to 5.00%.						Reduced weighted-average contractual interest rate from 4.25% to 3.31%.
			Significant Payment Delay
			Years Ended December 31,
			2023						2022
Non-owner occupied CRE			The weighted average amortization period of the loans were extended 3.7 years.						—
Construction/land development			The weighted average amortization period of the loans were extended 2.7 years.						—
Commercial business			The weighted average amortization period of the loans were extended 5.2 years.						—
Single family			Provided payment deferrals to borrowers. A weighted average 0.37% of loan balances were capitalized and added to the remaining term of the loan.						Provided payment deferrals to borrowers. A weighted average 0.22% of loan balances were capitalized and added to the remaining term of the loan.
Home equity and other			—						Provided payment deferrals to borrowers. A weighted average 3.47% of loan balances were capitalized and added to the remaining term of the loan.
			Term Extension
			Years Ended December 31,
			2023						2022
Non-owner occupied CRE			The weighted average duration of loan payments deferred is 2.1 years.						—
Construction/land development			The weighted average duration of loan payments deferred is 1.6 years.						—
Commercial business			Added a weighted average 1.2 years to the life of loans, which reduced the monthly payment amounts to the borrowers.						Added a weighted average 0.8 years to the life of loans, which reduced the monthly payment amounts to the borrowers.
Single family			Added a weighted average 4.9 years to the life of loans, which reduced the monthly payment amounts to the borrowers.						Added a weighted average 4.4 years to the life of loans, which reduced the monthly payment amounts to the borrowers.
Home equity and other			—						Added a weighted average 16.1 years to the life of loans, which reduced the monthly payment amounts to the borrowers.

Financing receivable, loan modifications, subsequent default, by payment status

The following table depicts the payment status of loans that were modified to borrowers experiencing financial difficulties on or after October 1, 2022 through September 30, 2023:

			Payment Status (Amortized Cost Basis) at December 31, 2023
(in thousands)			Current						30-89 Days Past Due						90+ Days Past Due
Non-owner occupied CRE			$	16,230					$	—					$	—
Construction/land development			3,821						—						—
Commercial business			8,873						976						—
Single family			2,627						1,285						324
Total			$	31,551					$	2,261					$	324

The following table depicts the payment status of loans that were modified to borrowers experiencing financial difficulties on or after January 1, 2022, the date we adopted ASU 2022-02 through September 30, 2022:

			Payment Status (Amortized Cost Basis) at December 31, 2022
(in thousands)			Current						30-89 Days Past Due						90+ Days Past Due
Commercial business			$	2,021					$	—					$	—
Single family			19,908						1,831						198
Home equity and other			120						—						—
Total			$	22,049					$	1,831					$	198

The following tables provide the amortized cost basis as of December 31, 2023 of MBFDs, on or after October 1, 2022, through September 30, 2023 and subsequently had a payment default:

						Amortized Cost Basis of Modified Loans That Subsequently Defaulted Year Ended December 31, 2023
(in thousands)						Significant Payment Delay						Term Extension						Interest Rate Reduction and Term Extension						Significant Payment Delay and Term Extension						Interest Rate Reduction, Significant Payment Delay and Term Extension
Commercial business						$	—					$	976					$	—					$	—					$	—
Single family						—						—						—						1,354						—
Total						$	—					$	976					$	—					$	1,354					$	—

The following tables provide the amortized cost basis as of December 31, 2022 of MBFDs, on or after January 1, 2022, the date we adopted ASU 2022-02 through September 30, 2022 and subsequently had a payment default:

						Amortized Cost Basis of Modified Loans That Subsequently Defaulted Year Ended December 31, 2022
(in thousands)						Significant Payment Delay						Term Extension						Interest Rate Reduction and Term Extension						Significant Payment Delay and Term Extension						Interest Rate Reduction, Significant Payment Delay and Term Extension
Single family						$	340					$	—					$	—					$	1,198					$	764

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