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Allowance for Credit Losses and Credit Quality of Loans (Tables)
 9 Months Ended
Sep. 30, 2025
Allowance for Credit Losses and Credit Quality of Loans [Abstract]  
Allowance for Loan Losses by Portfolio
The following tables present the activity in the allowance for credit losses by our portfolio segments:

(In thousands)
  
Commercial
Loans
    
Consumer
Loans
    
Residential
    
Total
  
Balance as of June 30, 2025
  
$
66,021
    
$
40,869
    
$
33,310
    
$
140,200
  
Charge-offs
    
(655
)
    
(5,020
)
    
(721
)
    
(6,396
)
Recoveries
    
224
      
1,809
      
63
      
2,096
  
Provision
    
220
      
2,135
      
745
      
3,100
  
Ending balance as of September 30, 2025
  
$
65,810
    
$
39,793
    
$
33,397
    
$
139,000
  
                                 
Balance as of June 30, 2024
  
$
46,708
    
$
47,918
    
$
25,874
    
$
120,500
  
Charge-offs
    
(1,117
)
    
(4,926
)
    
(34
)
    
(6,077
)
Recoveries
    
275
      
1,789
      
93
      
2,157
  
Provision
    
1,372
   
835
      
713
   
2,920
  
Ending balance as of September 30, 2024
  
$
47,238
    
$
45,616
    
$
26,646
    
$
119,500
  

(In thousands)
  
Commercial
Loans
    
Consumer
Loans
    
Residential
    
Total
  
Balance as of December 31, 2024
  
$
45,453
    
$
43,987
    
$
26,560
    
$
116,000
  
Allowance for credit loss on PCD acquired loans
     7,355       -       371       7,726  
Charge-offs
    
(3,410
)
    
(14,733
)
    
(839
)
    
(18,982
)
Recoveries
    
740
      
4,781
      
246
      
5,767
  
Provision
    
15,672
      
5,758
      
7,059
      
28,489
  
Ending balance as of September 30, 2025
  
$
65,810
    
$
39,793
    
$
33,397
    
$
139,000
  
                                 
Balance as of December 31, 2023
  
$
45,903
    
$
46,427
    
$
22,070
    
$
114,400
  
Charge-offs
    
(2,401
)
    
(15,835
)
    
(148
)
    
(18,384
)
Recoveries
    
765
      
4,999
      
322
      
6,086
  
Provision
    
2,971
      
10,025
      
4,402
   
17,398
  
Ending balance as of September 30, 2024
  
$
47,238
    
$
45,616
    
$
26,646
    
$
119,500
  
Past due and Nonperforming Loans by Loan Class
The following table sets forth information with regard to past due and nonperforming loans by loan segment:

(In thousands)
  
31-60 Days
Past Due
Accruing
    
61-90 Days
Past Due
Accruing
    
Greater
Than
90 Days
Past Due
Accruing
    
Total
Past Due
Accruing
    
Nonaccrual
    
Current
    
Recorded
Total
Loans
  
As of September 30, 2025
                                          
Commercial loans:
                                          
C&I
  
$
1,567
    
$
1,134
    
$
-
    
$
2,701
    
$
1,871
    
$
1,614,656
    
$
1,619,228
  
CRE
    
7,882
      
3
      
2,099
      
9,984
      
19,522
      
4,629,616
      
4,659,122
  
Total commercial loans
  
$
9,449
    
$
1,137
    
$
2,099
    
$
12,685
    
$
21,393
    
$
6,244,272
    
$
6,278,350
  
Consumer loans:
                                                        
Auto
  
$
11,293
    
$
1,732
    
$
870
    
$
13,895
    
$
2,272
    
$
1,287,469
    
$
1,303,636
  
Residential solar
    3,717       1,196       1,093       6,006       195       751,781       757,982  
Other consumer
    
1,165
      
495
      
381
      
2,041
      
172
      
86,060
      
88,273
  
Total consumer loans
  
$
16,175
    
$
3,423
    
$
2,344
    
$
21,942
    
$
2,639
    
$
2,125,310
    
$
2,149,891
  
Residential
  
$
6,426
    
$
752
    
$
2,523
    
$
9,701
    
$
22,418
    
$
3,134,774
    
$
3,166,893
  
Total loans
  
$
32,050
    
$
5,312
    
$
6,966
    
$
44,328
    
$
46,450
    
$
11,504,356
    
$
11,595,134
  

(In thousands)
  
31-60 Days
Past Due
Accruing
    
61-90 Days
Past Due
Accruing
    
Greater
Than
90 Days
Past Due
Accruing
    
Total
Past Due
Accruing
    
Nonaccrual
    
Current
    
Recorded
Total
Loans
  
As of December 31, 2024
                                          
Commercial loans:
                                          
C&I
  
$
398
    
$
452
    
$
-
    
$
850
    
$
2,116
    
$
1,427,247
    
$
1,430,213
  
CRE
    
698
      
191
      
-
      
889
      
30,028
      
3,665,223
      
3,696,140
  
Total commercial loans
  
$
1,096
    
$
643
    
$
-
    
$
1,739
    
$
32,144
    
$
5,092,470
    
$
5,126,353
  
Consumer loans:
                                                        
Auto
  
$
11,527
    
$
2,047
    
$
900
    
$
14,474
    
$
2,054
    
$
1,228,378
    
$
1,244,906
  
Residential solar     4,066       1,991       1,599       7,656       212       812,211       820,079  
Other consumer
    
1,552
      
985
      
888
      
3,425
      
263
      
105,529
      
109,217
  
Total consumer loans
  
$
17,145
    
$
5,023
    
$
3,387
    
$
25,555
    
$
2,529
    
$
2,146,118
    
$
2,174,202
  
Residential
  
$
3,360
    
$
467
    
$
2,411
    
$
6,238
    
$
11,146
    
$
2,651,971
    
$
2,669,355
  
Total loans
  
$
21,601
    
$
6,133
    
$
5,798
    
$
33,532
    
$
45,819
    
$
9,890,559
    
$
9,969,910
  
Credit Quality by Loan Class by Year of Origination (Vintage)
The following tables illustrate the Company’s credit quality by loan class by vintage and includes gross charge-offs by loan class by vintage. Included in other consumer gross charge-offs for the nine months ended September 30, 2025, the Company recorded $0.3 million in overdrawn deposit accounts reported as 2024 originations and $0.5 million in overdrawn deposit accounts reported as 2025 originations. Included in other consumer gross charge-offs for the year ended December 31, 2024, the Company recorded $0.2 million in overdrawn deposit accounts reported as 2023 originations and $0.7 million in overdrawn deposit accounts reported as 2024 originations.

(In thousands)
  
2025
    
2024
    
2023
    
2022
    
2021
    
Prior
    
Revolving
Loans
Amortized
Cost Basis
    
Revolving
Loans
Converted
to Term
    
Total
  
As of September 30, 2025
                                                      
C&I
                                                      
By internally assigned grade:
                                                      
Pass
  
$
173,160
    
$
235,103
    
$
159,193
    
$
159,869
    
$
141,828
    
$
181,012
    
$
424,357
    
$
12,236
    
$
1,486,758
  
Special mention
    
51
      
9,549
      
5,685
      
7,943
      
1,315
      
9,035
      
37,201
      
-
      
70,779
  
Substandard
    
39
      
2,183
      
2,820
      
6,664
      
11,766
      
1,330
      
35,435
      
1,452
      
61,689
  
Doubtful
    
-
      
-
      
-
      
2
      
-
      
-
      
-
      
-
      
2
  
Total C&I
  
$
173,250
    
$
246,835
    
$
167,698
    
$
174,478
    
$
154,909
    
$
191,377
    
$
496,993
    
$
13,688
    
$
1,619,228
  
Current-period gross charge-offs   $ -     $ (260 )   $ (173 )   $ (63 )   $ (25 )   $ (611 )   $ -     $ -     $ (1,132 )
CRE
                                                                        
By internally assigned grade:
                                                                        
Pass
  
$
253,786
    
$
486,188
    
$
470,842
    
$
671,895
    
$
593,011
    
$
1,425,217
    
$
349,876
    
$
38,406
    
$
4,289,221
  
Special mention
    
5,543
      
1,795
      
9,127
      
56,451
      
17,236
      
65,950
      
26,976
      
16,567
      
199,645
  
Substandard
    
1,952
      
13,849
      
11,240
      
20,248
      
17,403
      
99,350
      
731
      
5,483
      
170,256
  
Total CRE
  
$
261,281
    
$
501,832
    
$
491,209
    
$
748,594
    
$
627,650
    
$
1,590,517
    
$
377,583
    
$
60,456
    
$
4,659,122
  
Current-period gross charge-offs   $ -     $ -     $ (178 )   $ -     $ -     $ (2,100 )   $ -     $ -     $ (2,278 )
Auto
                                                                        
By payment activity:
                                                                        
Performing
  
$
443,705
    
$
413,504
    
$
227,396
    
$
154,737
    
$
50,409
    
$
10,743
    
$
-
    
$
-
    
$
1,300,494
  
Nonperforming
    
211
      
1,031
      
844
      
694
      
292
      
70
      
-
      
-
      
3,142
  
Total auto
  
$
443,916
    
$
414,535
    
$
228,240
    
$
155,431
    
$
50,701
    
$
10,813
    
$
-
    
$
-
    
$
1,303,636
  
Current-period gross charge-offs   $ (94 )   $ (1,117 )   $ (1,091 )   $ (1,175 )   $ (519 )   $ (208 )   $ -     $ -     $ (4,204 )
Residential solar
                                                                       
By payment activity:
                                                                        
Performing
  $ 1,872     $ 2,254     $ 111,363     $ 374,462     $ 155,141     $ 111,602     $ -     $ -     $ 756,694  
Nonperforming
    -
       -
       109
       671
       383
       125
       -
       -
       1,288
  
Total residential solar
  $ 1,872     $ 2,254     $ 111,472     $ 375,133     $ 155,524     $ 111,727     $ -     $ -     $ 757,982  
Current-period gross charge-offs
  $ -     $ -     $ (828 )   $ (3,769 )   $ (1,123 )   $ (682 )   $ -     $ -     $ (6,402 )
Other consumer
                                                                        
By payment activity:
                                                                        
Performing
  
$
13,020
    
$
8,614
    
$
4,035
    
$
5,873
    
$
14,830
    
$
16,061
    
$
25,271
    
$
16
    
$
87,720
  
Nonperforming
    
3
      
9
      
9
      
84
      
322
      
106
      
10
      
10
      
553
  
Total other consumer
  
$
13,023
    
$
8,623
    
$
4,044
    
$
5,957
    
$
15,152
    
$
16,167
    
$
25,281
    
$
26
    
$
88,273
  
Current-period gross charge-offs
  $ (494 )   $ (390 )   $ (72 )   $ (785 )   $ (1,431 )   $ (955 )   $ -     $ -     $ (4,127 )
Residential
                                                                        
By payment activity:
                                                                        
Performing
  
$
109,507
    
$
229,198
    
$
247,961
    
$
414,548
    
$
485,279
    
$
1,282,058
    
$
347,258
    
$
26,143
    
$
3,141,952
  
Nonperforming
    
-
      
1,055
      
2,769
      
4,740
      
2,812
      
13,530
      
30
      
5
      
24,941
  
Total residential
  
$
109,507
    
$
230,253
    
$
250,730
    
$
419,288
    
$
488,091
    
$
1,295,588
    
$
347,288
    
$
26,148
    
$
3,166,893
  
Current-period gross charge-offs
  $ -     $ (16 )   $ (261 )   $ (514 )   $ -     $ (48 )   $ -     $ -     $ (839 )
Total loans
  
$
1,002,849
    
$
1,404,332
    
$
1,253,393
    
$
1,878,881
    
$
1,492,027
    
$
3,216,189
    
$
1,247,145
    
$
100,318
    
$
11,595,134
  
Current-period gross charge-offs
  $ (588 )   $ (1,783 )   $ (2,603 )   $ (6,306 )   $ (3,098 )   $ (4,604 )   $ -     $ -     $ (18,982 )

(In thousands)
  
2024
    
2023
    
2022
    
2021
    
2020
    
Prior
    
Revolving
Loans
Amortized
Cost Basis
    
Revolving
Loans
Converted
to Term
    
Total
  
As of December 31, 2024
                                                      
C&I
                                                      
By internally assigned grade:
                                                      
Pass
  
$
255,824
    
$
166,780
    
$
180,095
    
$
177,839
    
$
118,826
    
$
101,755
    
$
349,443
    
$
3,588
    
$
1,354,150
  
Special mention
    
272
      
3,265
      
3,461
      
1,639
      
307
      
1,008
      
22,582
      
4,374
      
36,908
  
Substandard
    
2,419
      
3,895
      
2,183
      
1,555
      
173
      
3,878
      
23,231
      
1,751
      
39,085
  
Doubtful
    
-
      
67
      
2
      
1
      
-
      
-
      
-
      
-
      
70
  
Total C&I
  
$
258,515
    
$
174,007
    
$
185,741
    
$
181,034
    
$
119,306
    
$
106,641
    
$
395,256
    
$
9,713
    
$
1,430,213
  
Current-period gross charge-offs   $ -     $ (99 )   $ (1,063 )   $ (162 )   $ -     $ (1,352 )   $ -     $ -     $ (2,676 )
CRE
                                                                        
By internally assigned grade:
                                                                        
Pass
  
$
414,835
    
$
352,834
    
$
550,682
    
$
514,134
    
$
414,737
    
$
912,693
    
$
314,574
    
$
45,940
    
$
3,520,429
  
Special mention
    
2,573
      
14,406
      
23,747
      
7,440
      
4,310
      
16,888
      
2,044
      
1,222
      
72,630
  
Substandard
    
-
      
1,743
      
19,182
      
18,111
      
2,362
      
61,029
      
654
      
-
      
103,081
  
Total CRE
  
$
417,408
    
$
368,983
    
$
593,611
    
$
539,685
    
$
421,409
    
$
990,610
    
$
317,272
    
$
47,162
    
$
3,696,140
  
Current-period gross charge-offs   $ -     $ -     $ -     $ (2,366 )   $ -     $ -     $ -     $ -     $ (2,366 )
Auto
                                                                        
By payment activity:
                                                                        
Performing
  
$
557,817
    
$
321,545
    
$
238,232
    
$
90,143
    
$
19,931
    
$
14,284
    
$
-
    
$
-
    
$
1,241,952
  
Nonperforming
    
594
      
983
      
710
      
459
      
107
      
101
      
-
      
-
      
2,954
  
Total auto
  
$
558,411
    
$
322,528
    
$
238,942
    
$
90,602
    
$
20,038
    
$
14,385
    
$
-
    
$
-
    
$
1,244,906
  
Current-period gross charge-offs   $ (141 )   $ (1,478 )   $ (1,610 )   $ (837 )   $ (116 )   $ (347 )   $ -     $ -     $ (4,529 )
Residential solar                                                                        
By payment activity:
                                                                       
Performing
  $ 4,381     $ 121,755     $ 398,030     $ 166,018     $ 56,612     $ 71,472     $ -     $ -     $ 818,268  
Nonperforming
    -
       213
       869
       488
       80
       161
       -
       -
       1,811
  
Total residential solar
  $ 4,381     $ 121,968     $ 398,899     $ 166,506     $ 56,692     $ 71,633     $ -     $ -     $ 820,079  
Current-period gross charge-offs   $ -     $ (530 )   $ (4,441 )   $ (716 )   $ (201 )   $ (694 )   $ -     $ -     $ (6,582 )
Other consumer
                                                                        
By payment activity:
                                                                        
Performing
  
$
16,426
    
$
6,685
    
$
11,792
    
$
27,045
    
$
10,718
    
$
15,881
    
$
19,507
    
$
12
    
$
108,066
  
Nonperforming
    
12
      
43
      
207
      
433
      
209
      
202
      
15
      
30
      
1,151
  
Total other consumer
  
$
16,438
    
$
6,728
    
$
11,999
    
$
27,478
    
$
10,927
    
$
16,083
    
$
19,522
    
$
42
    
$
109,217
  
Current-period gross charge-offs   $ (735 )   $ (330 )   $ (2,080 )   $ (4,271 )   $ (1,036 )   $ (912 )   $ -     $ -     $ (9,364 )
Residential
                                                                        
By payment activity:
                                                                        
Performing
  
$
188,657
    
$
222,593
    
$
369,473
    
$
419,053
    
$
246,867
    
$
924,869
    
$
265,351
    
$
18,935
    
$
2,655,798
  
Nonperforming
    
580
      
765
      
766
      
2,507
      
160
      
8,779
      
-
      
-
      
13,557
  
Total residential
  
$
189,237
    
$
223,358
    
$
370,239
    
$
421,560
    
$
247,027
    
$
933,648
    
$
265,351
    
$
18,935
    
$
2,669,355
  
Current-period gross charge-offs   $ -     $ (34 )   $ -     $ -     $ -     $ (177 )   $ -     $ -     $ (211 )
Total loans
  
$
1,444,390
    
$
1,217,572
    
$
1,799,431
    
$
1,426,865
    
$
875,399
    
$
2,133,000
    
$
997,401
    
$
75,852
    
$
9,969,910
  
Current-period gross charge-offs   $ (876 )   $ (2,471 )   $ (9,194 )   $ (8,352 )   $ (1,353 )   $ (3,482 )   $ -     $ -     $ (25,728 )
Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty

The following tables show the amortized cost basis at the end of the reporting period of the loans modified to borrowers experiencing financial difficulty, disaggregated by class of financing receivable and type of concession granted:

 
Three Months Ended September 30, 2025
  
 
Term Extension
  
(Dollars in thousands)
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Residential
  
$
75
       0.002 %
Total
  
$
75
          

   
Three Months Ended September 30, 2024
  
   
Term Extension
  
Combination - Term
Extension and Interest Rate
Reduction
  
(Dollars in thousands)
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Residential
    
$
576
       0.022 %   $ 254       0.010 %
Total
    
$
576
             $ 254          

   
Nine Months Ended September 30, 2025
  
   
Term Extension
  
Combination - Term
Extension and Interest Rate
Reduction
  
(Dollars in thousands)
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Residential
    
$
958
       0.030 %   $ 28       0.001 %
Total
    
$
958
             $ 28          

   
Nine Months Ended September 30, 2024
  
   
Term Extension
  
Combination - Term
Extension and Interest Rate
Reduction
  
(Dollars in thousands)
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Amortized
Cost
  
% of Total Class
of Financing
Receivables
  
Residential
    
$
1,054
      
0.040
%
  
$
284
      
0.011
%
Total
    
$
1,054
            
$
284
          
Financial Effect of Modifications Made to Borrowers Experiencing Financial Difficulty
The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulties:


Three Months Ended September 30, 2025 
Loan Type
Term Extension
Residential
Added a weighted-average 1.6 years to the life of loans, which reduced monthly payment amounts for the borrowers



Three Months Ended September 30, 2024
Loan Type
Term Extension
 Interest Rate Reduction
Residential
Added a weighted-average 8.2 years to the life of loans, which reduced monthly payment amounts for the borrowers
 Interest Rates were reduced by an average of 0.25%




Nine Months Ended September 30, 2025 
Loan Type
Term Extension
 Interest Rate Reduction
Residential
Added a weighted-average 5.6 years to the life of loans, which reduced monthly payment amounts for the borrowers
 Interest Rates were reduced by an average of 0.62%


Nine Months Ended September 30, 2024
Loan Type
Term Extension
 Interest Rate Reduction
Residential
Added a weighted-average 6.5 years to the life of loans, which reduced monthly payment amounts for the borrowers
 Interest Rates were reduced by an average of 0.63%
Performance of Modified Loans

The following table depicts the performance of loans that have been modified to borrowers experiencing financial difficulty that were modified in the prior twelve months:


   
Payment Status (Amortized Cost Basis)
  
(In thousands)
  
Current
    
31-60 Days
Past Due
    
61-90 Days
Past Due
    
Greater than 90
Days Past Due
  
As of September 30, 2025
                        
Residential
  
$
1,096
    
$
56
    
$
-
    
$
-
  
Total
  
$
1,096
    
$
56
    
$
-
    
$
-
  

   
Payment Status (Amortized Cost Basis)
  
(In thousands)
  
Current
    
31-60 Days
Past Due
    
61-90 Days
Past Due
    
Greater than 90
Days Past Due
  
As of September 30, 2024
                        
Residential
  
$
1,232
    
$
-
    
$
-
    
$
163
  
Total
  
$
1,232
    
$
-
    
$
-
    
$
163