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LOANS AND CREDIT QUALITY

3 Months Ended

Mar. 31, 2026

The loan receivables portfolio consisted of the following as of the dates indicated:


(in thousands)	March 31, 2026		December 31, 2025

Commercial and industrial	$	460,081	$	482,170
Commercial real estate
Multifamily	5,291,597		5,355,252
Non-owner occupied	1,711,611		1,740,277
Owner occupied	586,698		689,079
Construction and land development	399,546		493,992
Residential real estate	4,017,120		3,970,803
Auto	639,825		791,012
Other consumer	745,731		654,351
Total loan receivables before allowance for credit losses	13,852,209		14,176,936

Allowance for credit losses on loans	(156,796)		(153,319)
Net loan receivables	$	13,695,413	$	14,023,617

At March 31, 2026, $10.3 billion of loans were pledged to secure borrowings from the FHLB, and $1.3 billion of loans were pledged to secure borrowings from the Federal Reserve.

Credit Risk Concentrations

The Company’s portfolio of non-owner occupied and owner occupied commercial real estate, multifamily and residential real estate loans are primarily to borrowers in California, or are secured by real estate collateral located in California. Such loans represented 76% of total loans in these segments as of March 31, 2026 and December 31, 2025. In addition, substantial portions of the Company’s loans are multifamily and residential real estate. At March 31, 2026, multifamily loans represented 38% of the loan portfolio and residential real estate loans represented 29% of the loan portfolio. At December 31, 2025, multifamily loans represented 38% of the loan portfolio and residential real estate loans represented 28% of the loan portfolio.

Allowance for Credit Losses

The following tables present the activity in the allowance for credit losses on loans by portfolio segment:


(in thousands)	Commercial and Industrial		Commercial Real Estate		Residential Real Estate		Auto		Other Consumer		Total

Quarter Ended March 31, 2026
Allowance for credit losses on loans
Beginning balance	$	8,417	$	114,326	$	13,294	$	15,003	$	2,279	$	153,319


Provision (reversal of provision) for credit losses	408		6,321		(26)		565		325		7,593
Loans charged off	(131)		—		(1)		(6,420)		(653)		(7,205)
Recoveries	166		111		354		2,298		160		3,089
Ending balance	$	8,860	$	120,758	$	13,621	$	11,446	$	2,111	$	156,796


(in thousands)	Commercial and Industrial		Commercial Real Estate		Residential Real Estate		Auto		Other Consumer		Total

Quarter Ended March 31, 2025
Allowance for credit losses on loans
Beginning balance	$	4,869	$	35,097	$	4,656	$	41,282	$	2,654	$	88,558


Provision (reversal of provision) for credit losses	(458)		(102)		107		(3,629)		330		(3,752)
Loans charged off	(117)		—		—		(11,506)		(594)		(12,217)
Recoveries	3		—		—		2,788		135		2,926
Ending balance	$	4,297	$	34,995	$	4,763	$	28,935	$	2,525	$	75,515

In addition to the ACL for LHFI, the Company maintains a separate allowance for unfunded loan commitments, which is included in interest payable and other liabilities on the consolidated balance sheets. The following table presents changes in the allowance for credit losses on unfunded lending commitments:


	Quarter Ended March 31,
(in thousands)	2026		2025








Allowance for credit losses on unfunded lending commitments
Beginning balance	$	7,115	$	4,366

Provision (reversal of provision) for credit losses	174		94
Ending balance	$	7,289	$	4,460

Management considers the level of ACL to be appropriate to cover credit losses expected over the life of the loans for the LHFI portfolio. The cumulative loss rate used as the basis for the estimate of credit losses is comprised of the Company’s quantitative and qualitative expected losses for current and forecasted periods.

As of March 31, 2026, the quantitative rates increased when compared to December 31, 2025 due to higher forecasted product risk metrics in certain geographically concentrated areas, partially offset by runoff of the auto, non-owner occupied commercial real estate, and construction and land development portfolios. During 2026, the qualitative factors increased

due to economic uncertainty and the potential impact of higher energy prices stemming from the conflict in the Middle East.

There were no material changes to the methodologies for estimating credit losses for the periods presented.

Disclosures related to the amortized cost of loans excludes accrued interest receivable. The Company has elected to exclude accrued interest receivable from the evaluation of the allowance for credit losses. Accrued interest receivable on loans held for investment was $51.7 million and $53.1 million at March 31, 2026 and December 31, 2025, respectively, and is included in interest receivable and other assets on the consolidated balance sheets.

Credit Quality

Nonaccrual loans include both individually evaluated loans and smaller balance homogeneous loans that are collectively evaluated. Loans whose repayments are insured by the Federal Housing Administration, or guaranteed by the Department of Veterans’ Affairs or Ginnie Mae, are maintained on accrual status even if 90 days or more past due.

The following table presents the amortized cost of nonaccrual loans and loans past due 90 days or more and still accruing by class of loans as of March 31, 2026 and December 31, 2025:


	March 31, 2026
(in thousands)	Nonaccrual With No Allowance for Credit Loss		Total Nonaccrual		Loans Past Due 90 Days or More Still Accruing

Commercial and industrial	$	5,490	$	11,698	$	—
Commercial real estate
Multifamily	—		—		—
Non-owner occupied	5,438		17,024		—
Owner occupied	722		722		—
Construction and land development	428		3,225		—
Residential real estate	4,397		8,177		4,098
Auto	—		3,529		—
Other consumer	—		4		—
Total	$	16,475	$	44,379	$	4,098


	December 31, 2025
(in thousands)	Nonaccrual With No Allowance for Credit Loss		Total Nonaccrual		Loans Past Due 90 Days or More Still Accruing

Commercial and industrial	$	5,310	$	11,196	$	—
Commercial real estate
Multifamily	3,387		3,387		—
Non-owner occupied	953		12,539		—
Owner occupied	1,644		1,870		—
Construction and land development	140		2,962		—
Residential real estate	3,766		6,765		3,943
Auto	—		4,143		—
Other consumer	—		1		—
Total	$	15,200	$	42,863	$	3,943

The following tables present the amortized cost of collateral-dependent loans by class and collateral type as of March 31, 2026 and December 31, 2025:


	March 31, 2026
(in thousands)	Auto		Equipment		Land		Multifamily		Retail Building		Single Family Residential		Other non-real estate		Total Loans

Commercial and industrial	$	—	$	5,001	$	—	$	3,790	$	958	$	373	$	—	$	10,122
Commercial real estate
Multifamily	—		—		—		14,493		—		—		—		14,493
Non-owner occupied	—		—		—		—		17,024		—		—		17,024
Owner occupied	—		—		—		—		722		—		—		722
Construction and land development	—		—		3,225		—		—		—		—		3,225
Residential real estate	—		—		—		—		—		4,397		—		4,397


Total	$	—	$	5,001	$	3,225	$	18,283	$	18,704	$	4,770	$	—	$	49,983


	December 31, 2025
(in thousands)	Auto		Equipment		Land		Multifamily		Retail Building		Single Family Residential		Other non-real estate		Total Loans

Commercial and industrial	$	—	$	—	$	—	$	—	$	3,819	$	—	$	4,674	$	8,493
Commercial real estate
Multifamily	—		—		—		17,869		—		—		—		17,869
Non-owner occupied	—		—		—		—		12,539		—		—		12,539
Owner occupied	—		—		—		—		742		—		1,128		1,870
Construction and land development	—		—		2,962		—		—		—		—		2,962
Residential real estate	—		—		—		157		—		4,121		—		4,278


Total	$	—	$	—	$	2,962	$	18,026	$	17,100	$	4,121	$	5,802	$	48,011

The following tables present the aging of the amortized cost in past due loans as of March 31, 2026 and December 31, 2025 by class of loans:


	March 31, 2026
(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater than 89 Days Past Due		Total Past Due		Loans Not Past Due		Total Loans

Commercial and industrial	$	1,861	$	1,011	$	8,490	$	11,362	$	448,719	$	460,081
Commercial real estate
Multifamily	—		—		—		—		5,291,597		5,291,597
Non-owner occupied	—		—		11,586		11,586		1,700,025		1,711,611
Owner occupied	—		—		272		272		586,426		586,698
Construction and land development	—		—		3,225		3,225		396,321		399,546
Residential real estate	13,955		2,828		7,459		24,242		3,992,878		4,017,120
Auto	19,122		4,356		2,412		25,890		613,935		639,825
Other consumer	271		152		3		426		745,305		745,731
Total	$	35,209	$	8,347	$	33,447	$	77,003	$	13,775,206	$	13,852,209


	December 31, 2025
(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater than 89 Days Past Due		Total Past Due		Loans Not Past Due		Total Loans

Commercial and industrial	$	3,277	$	1,066	$	8,024	$	12,367	$	469,803	$	482,170
Commercial real estate
Multifamily	—		—		1,614		1,614		5,353,638		5,355,252
Non-owner occupied	50		—		11,586		11,636		1,728,641		1,740,277
Owner occupied	—		1,349		226		1,575		687,504		689,079
Construction and land development	—		—		2,962		2,962		491,030		493,992
Residential real estate	14,274		4,944		7,187		26,405		3,944,398		3,970,803
Auto	25,984		7,078		3,086		36,148		754,864		791,012
Other consumer	288		149		1		438		653,913		654,351
Total	$	43,873	$	14,586	$	34,686	$	93,145	$	14,083,791	$	14,176,936

The following tables present the amortized cost of loans at March 31, 2026 and 2025 that were both experiencing financial difficulty and modified during the quarter ended March 31, 2026 and 2025, by class and by type of modification. The percentage of the amortized cost of loans that were modified to borrowers in financial distress as compared to the amortized cost of each class of financing receivable is also presented below.


	Quarter Ended March 31, 2026
(in thousands)	Principal Forgiveness		Payment Delay		Term Extension		Interest Rate Reduction		Combined Term Extension and Principal Forgiveness		Combined Term Extension and Interest Rate Reduction		Combined Payment Delay and Term Extension		Total Class of Financing Receivable

Commercial and industrial	$	—	$	—	$	14	$	—	$	—	$	—	$	5,677	1.24	%
Commercial real estate



Construction and land development	—		—		—		—		—		—		2,797		0.70	%
Residential real estate	—		242		—		—		—		—		2,154		0.06	%


Total	$	—	$	242	$	14	$	—	$	—	$	—	$	10,628	0.08	%

	Quarter Ended March 31, 2025
(in thousands)	Principal Forgiveness		Payment Delay		Term Extension		Interest Rate Reduction		Combined Term Extension and Principal Forgiveness		Combined Term Extension and Interest Rate Reduction		Combined Payment Delay and Term Extension		Total Class of Financing Receivable

Commercial and industrial	$	—	$	—	$	117	$	—	$	—	$	—	$	—	0.03	%








Total	$	—	$	—	$	117	$	—	$	—	$	—	$	—	0.00	%

The Company has committed to lend no additional amounts to the borrowers included in the previous tables.

The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the quarter ended March 31, 2026 and 2025:














	Quarter Ended March 31, 2026
(dollars in thousands)	Principal Forgiveness		Weighted-Average Payment Delay <months>	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension <months>

Commercial and industrial	$	—	27	—	%	27
Commercial real estate



Construction and land development	—		18	—	%	18
Residential real estate	—		58	—	%	55


Total	$	—	32	—	%	30

	Quarter Ended March 31, 2025
(dollars in thousands)	Principal Forgiveness		Weighted-Average Payment Delay	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension <months>

Commercial and industrial	$	—	—	—	%	60

The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts.

For loan modifications to borrowers experiencing financial difficulty for the quarter ended March 31, 2026 and 2025, the following tables present the payment status of loans that were modified in the last 12 months, with related amortized cost balances, as of the dates indicated:


	Payment Status (Amortized Cost)
	March 31, 2026
(in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Greater than 89 Days Past Due		Total

Commercial and industrial	$	1,493	$	—	$	—	$	4,198	$	5,691
Commercial real estate



Construction and land development	—		—		—		2,797		2,797
Residential real estate	1,240		405		—		751		2,396


Total	$	2,733	$	405	$	—	$	7,746	$	10,884


	Payment Status (Amortized Cost)
	March 31, 2025
(in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Greater than 89 Days Past Due		Total

Commercial and industrial	$	117	$	—	$	—	$	—	$	117

The following table presents the amortized cost of loans that had a payment default (e.g., borrower missed a regularly scheduled payment) and were past due for the quarter ended March 31, 2026 and that were modified in the last 12 months:


	Quarter Ended March 31, 2026
(in thousands)	Payment Delay		Term Extension		Combined Payment Delay and Term Extension		Total

Commercial and industrial	$	—	$	—	$	4,199	$	4,199
Commercial real estate



Construction and land development	—		—		2,797		2,797
Residential real estate	—		—		1,156		1,156


Total	$	—	$	—	$	8,152	$	8,152

There were no loans that had a payment default and were past due for quarter ended March 31, 2025 and that were modified in the last 12 months.

Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Credit Quality Indicators:

The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, current economic trends and other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis includes all loans regardless of balances. This analysis is performed on a quarterly basis.

The Company uses the following definitions for risk ratings:

Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date.

Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.

Loans not meeting the criteria above are considered to be pass rated loans.

The following table presents the amortized cost by loan risk category and origination year for commercial and industrial and commercial real estate loan classes at March 31, 2026 and December 31, 2025. In addition, year-to-date charge-offs for 2026 and 2025 are presented by origination year.


(in thousands)	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
March 31, 2026

Commercial and industrial
Risk rating
Pass	$	3,767	$	22,096	$	56,294	$	51,301	$	22,308	$	105,591	$	157,335	$	661	$	419,353
Special mention	—		—		94		—		450		1,459		—		—		2,003
Substandard	—		152		634		74		22,517		11,439		3,893		16		38,725
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	3,767	$	22,248	$	57,022	$	51,375	$	45,275	$	118,489	$	161,228	$	677	$	460,081
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	6	$	125	$	—	$	131

Commercial real estate - multifamily
Risk rating
Pass	$	18,046	$	59,406	$	171,314	$	457,394	$	2,199,195	$	2,179,991	$	20,151	$	—	$	5,105,497
Special mention	—		—		—		—		18,312		45,657		—		—		63,969
Substandard	—		—		—		6,561		77,981		37,589		—		—		122,131
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	18,046	$	59,406	$	171,314	$	463,955	$	2,295,488	$	2,263,237	$	20,151	$	—	$	5,291,597
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate - non-owner occupied
Risk rating
Pass	$	—	$	11,036	$	13,692	$	32,879	$	370,195	$	1,149,482	$	9,300	$	—	$	1,586,584
Special mention	—		—		—		—		—		37,148		—		—		37,148
Substandard	—		—		—		—		—		87,879		—		—		87,879
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	—	$	11,036	$	13,692	$	32,879	$	370,195	$	1,274,509	$	9,300	$	—	$	1,711,611
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate - owner occupied
Risk rating
Pass	$	1,279	$	26,298	$	12,330	$	23,062	$	97,984	$	357,118	$	11,493	$	—	$	529,564
Special mention	—		—		—		—		7,362		34,267		—		—		41,629
Substandard	—		—		—		—		8,798		6,707		—		—		15,505
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	1,279	$	26,298	$	12,330	$	23,062	$	114,144	$	398,092	$	11,493	$	—	$	586,698
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate - construction and land development
Risk rating
Pass	$	20,992	$	209,571	$	86,476	$	55,705	$	8,724	$	14,483	$	370	$	—	$	396,321
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		3,225		—		—		3,225
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	20,992	$	209,571	$	86,476	$	55,705	$	8,724	$	17,708	$	370	$	—	$	399,546
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


(in thousands)	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
December 31, 2025

Commercial and industrial
Risk rating
Pass	$	22,961	$	40,427	$	52,574	$	24,657	$	19,914	$	78,344	$	200,344	$	225	$	439,446
Special mention	—		104		—		472		162		2,828		—		—		3,566
Substandard	64		634		65		23,257		400		14,487		251		—		39,158
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	23,025	$	41,165	$	52,639	$	48,386	$	20,476	$	95,659	$	200,595	$	225	$	482,170
Year-to-date gross charge-offs	$	40	$	75	$	47	$	6,772	$	230	$	19	$	1,215	$	—	$	8,398

Commercial real estate - multifamily
Risk rating
Pass	$	59,536	$	177,297	$	458,411	$	2,224,002	$	1,177,242	$	1,031,448	$	18,160	$	211	$	5,146,307
Special mention	—		—		—		32,156		22,062		35,772		—		—		89,990
Substandard	—		—		6,558		68,486		24,403		19,508		—		—		118,955
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	59,536	$	177,297	$	464,969	$	2,324,644	$	1,223,707	$	1,086,728	$	18,160	$	211	$	5,355,252
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate -non-owner occupied
Risk rating
Pass	$	7,032	$	13,753	$	31,688	$	371,096	$	138,150	$	1,057,437	$	6,659	$	257	$	1,626,072
Special mention	—		—		—		—		—		32,308		—		—		32,308
Substandard	—		—		—		—		—		81,897		—		—		81,897
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	7,032	$	13,753	$	31,688	$	371,096	$	138,150	$	1,171,642	$	6,659	$	257	$	1,740,277
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	428	$	—	$	—	$	428

Commercial real estate - owner-occupied
Risk rating
Pass	$	30,541	$	12,420	$	27,707	$	108,047	$	73,141	$	371,660	$	9,045	$	243	$	632,804
Special mention	—		—		—		1,660		6,954		28,003		—		—		36,617
Substandard	—		—		—		8,836		3,752		7,070		—		—		19,658
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	30,541	$	12,420	$	27,707	$	118,543	$	83,847	$	406,733	$	9,045	$	243	$	689,079
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate - construction and land development
Risk rating
Pass	$	272,783	$	128,650	$	59,371	$	13,377	$	3,112	$	12,937	$	200	$	600	$	491,030
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		2,962		—		—		2,962
Doubtful	—		—		—		—		—		—		—		—		—
Total	$	272,783	$	128,650	$	59,371	$	13,377	$	3,112	$	15,899	$	200	$	600	$	493,992
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

The Company considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the amortized cost in residential and consumer loans based upon year of origination at March 31, 2026 and December 31, 2025. In addition, year-to-date charge-offs for 2026 and 2025 are presented by origination year.


(in thousands)	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
March 31, 2026

Residential real estate
Payment performance
Performing	$	130,475	$	521,652	$	145,956	$	103,345	$	760,796	$	1,801,763	$	510,414	$	30,443	$	4,004,844
Nonperforming	—		—		—		409		745		7,207		3,343		572		12,276
Total	$	130,475	$	521,652	$	145,956	$	103,754	$	761,541	$	1,808,970	$	513,757	$	31,015	$	4,017,120
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	1

Auto
Payment performance
Performing	$	—	$	149	$	203	$	42,327	$	392,402	$	201,215	$	—	$	—	$	636,296
Nonperforming	—		—		—		133		2,309		1,087		—		—		3,529
Total	$	—	$	149	$	203	$	42,460	$	394,711	$	202,302	$	—	$	—	$	639,825
Year-to-date gross charge-offs	$	—	$	—	$	—	$	283	$	3,728	$	2,409	$	—	$	—	$	6,420


Other consumer
Payment performance
Performing	$	116,388	$	209,287	$	166,456	$	141,679	$	68,528	$	39,331	$	4,058	$	—	$	745,727
Nonperforming	—		—		—		—		—		—		4		—		4
Total	$	116,388	$	209,287	$	166,456	$	141,679	$	68,528	$	39,331	$	4,062	$	—	$	745,731
Year-to-date gross charge-offs	$	154	$	6	$	6	$	150	$	—	$	328	$	9	$	—	$	653


(in thousands)	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term		Total
December 31, 2025

Residential real estate
Payment performance
Performing	$	552,620	$	155,815	$	110,989	$	767,915	$	828,395	$	1,041,378	$	499,312	$	3,671	$	3,960,095
Nonperforming	—		—		—		—		—		7,651		3,057		—		10,708
Total	$	552,620	$	155,815	$	110,989	$	767,915	$	828,395	$	1,049,029	$	502,369	$	3,671	$	3,970,803
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	9	$	96	$	—	$	105

Auto
Payment performance
Performing	$	157	$	218	$	49,109	$	467,560	$	227,342	$	41,638	$	—	$	845	$	786,869
Nonperforming	—		—		311		2,451		1,107		274		—		—		4,143
Total	$	157	$	218	$	49,420	$	470,011	$	228,449	$	41,912	$	—	$	845	$	791,012
Year-to-date gross charge-offs	$	—	$	—	$	1,690	$	23,927	$	12,077	$	2,985	$	—	$	—	$	40,679


Other consumer
Payment performance
Performing	$	216,135	$	171,060	$	145,091	$	73,178	$	15,624	$	27,294	$	5,825	$	143	$	654,350
Nonperforming	—		1		—		—		—		—		—		—		1
Total	$	216,135	$	171,061	$	145,091	$	73,178	$	15,624	$	27,294	$	5,825	$	143	$	654,351
Year-to-date gross charge-offs	$	619	$	1	$	—	$	—	$	607	$	1,106	$	78	$	—	$	2,411

Loan Purchases

The following table presents loan receivables purchased by portfolio segment, excluding loans acquired in business combinations:


	Quarter Ended March 31,
	2026		2025
(in thousands)







Residential real estate	$	3,478	$	29,230

The Company purchased the above loan receivables at a premium of $20 thousand and $42 thousand for the quarter ended March 31, 2026 and 2025, respectively. For the purchased loan receivables disclosed above, the Company did not incur any specific allowances for credit losses during the periods indicated.