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PORTFOLIO LOANS
 6 Months Ended
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
PORTFOLIO LOANS
NOTE 3. PORTFOLIO LOANS
Loan Categories
Busey’s lending can be summarized in two primary categories: commercial and retail. Lending is further classified into five primary areas of loans: C&I and other commercial loans, commercial real estate loans, real estate construction loans, retail real estate loans, and retail other loans. Distributions of the loan portfolio by loan category and class is presented in the following table (dollars in thousands):
As of
June 30,
2024		December 31,
2023
Commercial loans
C&I and other commercial$1,942,974 $1,835,994 
Commercial real estate3,445,514 3,337,337 
Real estate construction410,726 461,717 
Total commercial loans5,799,214 5,635,048 
Retail loans
Retail real estate1,727,281 1,720,455 
Retail other472,417 295,531 
Total retail loans2,199,698 2,015,986 
Total portfolio loans7,998,912 7,651,034 
ACL(85,226)(91,740)
Portfolio loans, net$7,913,686 $7,559,294 
Net deferred loan origination costs included in the balances above were $12.7 million as of June 30, 2024, compared to $13.5 million as of December 31, 2023. Net accretable purchase accounting adjustments included in the balances above reduced loans by $10.9 million as of June 30, 2024, and $4.5 million as of December 31, 2023.
Busey elected to purchase $6.9 million of retail real estate loans during the three and six months ended June 30, 2024, and did not purchase any retail real estate loans during the same periods in 2023.
Pledged Loans
The principal balance of loans Busey has pledged as collateral to the FHLB and Federal Reserve Bank for liquidity as set forth in the table below (dollars in thousands):
As of
June 30,
2024		December 31,
2023
Pledged loans
FHLB$4,820,332 $4,865,481 
Federal Reserve Bank750,474 722,914 
Total pledged loans$5,570,806 $5,588,395 
Risk Grading
Busey utilizes a loan grading scale to assign a risk grade to all of its loans. A description of the general characteristics of each grade is as follows:
•Pass – This category includes loans that are all considered acceptable credits, ranging from investment or near investment grade, to loans made to borrowers who exhibit credit fundamentals that meet or exceed industry standards.
•Watch – This category includes loans that warrant a higher-than-average level of monitoring to ensure that weaknesses do not cause the inability of the credit to perform as expected. These loans are not necessarily a problem due to other inherent strengths of the credit, such as guarantor strength, but have above average concern and monitoring.
•Special mention – This category is for “Other Assets Specially Mentioned” loans that have potential weaknesses, which may, if not checked or corrected, weaken the asset or inadequately protect Busey’s credit position at some future date.
•Substandard – This category includes “Substandard” loans, determined in accordance with regulatory guidelines, for which the accrual of interest has not been stopped. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Busey will sustain some loss if the deficiencies are not corrected.
•Substandard non-accrual – This category includes loans that have all the characteristics of a “Substandard” loan with additional factors that make collection in full highly questionable and improbable. Such loans are placed on non-accrual status and may be dependent on collateral with a value that is difficult to determine.
All loans are graded at their inception. Commercial lending relationships that are $1.0 million or less are usually processed through an expedited underwriting process. Most commercial loans greater than $1.0 million are included in a portfolio review at least annually. Commercial loans greater than $0.35 million that have a grading of special mention or worse are typically reviewed on a quarterly basis. Interim reviews may take place if circumstances of the borrower warrant a more frequent review.
The following table is a summary of risk grades segregated by category and class of portfolio loans (dollars in thousands):
As of June 30, 2024
PassWatchSpecial
Mention		SubstandardSubstandard
Non-accrual		Total
Commercial loans
C&I and other commercial$1,601,884 $246,652 $46,758 $45,809 $1,871 $1,942,974 
Commercial real estate2,879,762 463,765 65,702 33,000 3,285 3,445,514 
Real estate construction374,851 22,393 8,206 5,276 — 410,726 
Total commercial loans4,856,497 732,810 120,666 84,085 5,156 5,799,214 
Retail loans
Retail real estate1,710,016 10,769 910 2,494 3,092 1,727,281 
Retail other472,272 — — — 145 472,417 
Total retail loans2,182,288 10,769 910 2,494 3,237 2,199,698 
Total portfolio loans$7,038,785 $743,579 $121,576 $86,579 $8,393 $7,998,912 
As of December 31, 2023
PassWatchSpecial
Mention		SubstandardSubstandard
Non-accrual		Total
Commercial loans
C&I and other commercial$1,462,755 $296,416 $46,488 $27,733 $2,602 $1,835,994 
Commercial real estate2,827,030 431,427 48,545 29,492 843 3,337,337 
Real estate construction448,011 8,135 — 5,327 244 461,717 
Total commercial loans4,737,796 735,978 95,033 62,552 3,689 5,635,048 
Retail loans
Retail real estate1,702,897 11,144 1,024 1,795 3,595 1,720,455 
Retail other295,374 — — — 157 295,531 
Total retail loans1,998,271 11,144 1,024 1,795 3,752 2,015,986 
Total portfolio loans$6,736,067 $747,122 $96,057 $64,347 $7,441 $7,651,034 
Risk grades of portfolio loans and gross charge-offs are presented in the tables below by loan class, further sorted by origination year (dollars in thousands):
As of and For The Six Months Ended June 30, 2024
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans		Total
Risk Grade Ratings20242023202220212020Prior
C&I and other commercial
Pass$158,137 $237,806 $205,421 $142,433 $82,415 $138,626 $637,046 $1,601,884 
Watch20,444 47,563 49,890 19,704 2,340 32,548 74,163 246,652 
Special Mention1,711 228 6,400 2,755 598 2,662 32,404 46,758 
Substandard7,996 7,638 1,121 764 545 2,771 24,974 45,809 
Substandard non-accrual— 72 — 95 48 956 700 1,871 
Total commercial188,288 293,307 262,832 165,751 85,946 177,563 769,287 1,942,974 
Gross charge-offs$— $14,980 $— $22 $— $229 $— $15,231 
Commercial real estate
Pass154,209 399,685 860,454 667,533 379,415 402,137 16,329 2,879,762 
Watch96,212 140,529 36,174 99,854 32,268 57,858 870 463,765 
Special Mention7,998 2,896 7,877 12,041 9,061 25,829 — 65,702 
Substandard1,779 2,422 4,704 18,548 458 5,039 50 33,000 
Substandard non-accrual— 3,265 — — 20 — — 3,285 
Total commercial real estate260,198 548,797 909,209 797,976 421,222 490,863 17,249 3,445,514 
Gross charge-offs— — — — — 100 — 100 
Real estate construction
Pass115,573 117,742 46,075 75,441 2,398 1,753 15,869 374,851 
Watch17,933 2,637 1,121 384 318 — — 22,393 
Special Mention— 8,145 — 61 — — — 8,206 
Substandard— 5,276 — — — — — 5,276 
Total real estate construction133,506 133,800 47,196 75,886 2,716 1,753 15,869 410,726 
Gross charge-offs— — — — — — — — 
Retail real estate
Pass47,828 245,613 379,433 373,384 154,426 299,617 209,715 1,710,016 
Watch1,156 657 2,827 4,148 911 348 722 10,769 
Special Mention— 186 350 — — 374 — 910 
Substandard— 128 1,038 514 — 810 4 2,494 
Substandard non-accrual— — 153 66 246 1,652 975 3,092 
Total retail real estate48,984 246,584 383,801 378,112 155,583 302,801 211,416 1,727,281 
Gross charge-offs— — — — — 127 — 127 
Retail other
Pass2,326 73,090 74,979 17,631 4,684 2,196 297,366 472,272 
Substandard non-accrual— — 84 49 — 12 — 145 
Total retail other2,326 73,090 75,063 17,680 4,684 2,208 297,366 472,417 
Gross charge-offs— 30 37 23 — 188 — 278 
Total portfolio loans$633,302 $1,295,578 $1,678,101 $1,435,405 $670,151 $975,188 $1,311,187 $7,998,912 
Total gross charge-offs$— $15,010 $37 $45 $— $644 $— $15,736 
As of and For The Year Ended December 31, 2023
Term Loans Amortized Cost Basis by Origination YearRevolving
Loans		Total
Risk Grade Ratings20232022202120202019Prior
C&I and other commercial
Pass$306,578 $220,847 $159,130 $71,025 $35,927 $143,078 $526,170 $1,462,755 
Watch78,603 65,703 21,421 23,919 7,035 21,293 78,442 296,416 
Special Mention792 8,224 2,917 1,076 686 3,274 29,519 46,488 
Substandard8,715 765 942 426 3,734 1,859 11,292 27,733 
Substandard non-accrual166 — 117 84 128 407 1,700 2,602 
Total commercial394,854 295,539 184,527 96,530 47,510 169,911 647,123 1,835,994 
Gross charge-offs$284 $— $420 $— $316 $1,409 $— $2,429 
 
Commercial real estate
Pass395,644 824,506 720,052 399,195 271,078 199,662 16,893 2,827,030 
Watch166,795 47,070 92,848 34,010 68,196 19,396 3,112 431,427 
Special Mention14,313 10,507 12,446 4,968 3,297 3,014 — 48,545 
Substandard1,796 188 18,862 2,938 1,802 3,856 50 29,492 
Substandard non-accrual47 79 85 23 — 609 — 843 
Total commercial real estate578,595 882,350 844,293 441,134 344,373 226,537 20,055 3,337,337 
Gross charge-offs— — — — — 953 — 953 
 
Real estate construction
Pass204,952 128,462 85,086 2,616 1,323 2,934 22,638 448,011 
Watch2,859 4,406 507 322 41 — — 8,135 
Substandard5,327 — — — — — — 5,327 
Substandard non-accrual— — — — — 244 — 244 
Total real estate construction213,138 132,868 85,593 2,938 1,364 3,178 22,638 461,717 
Gross charge-offs— — — — — — — — 
 
Retail real estate
Pass243,400 376,922 411,723 156,762 70,099 256,571 187,420 1,702,897 
Watch1,096 4,137 2,442 954 536 234 1,745 11,144 
Special Mention286 358 — — — 380 — 1,024 
Substandard69 72 292 49 80 997 236 1,795 
Substandard non-accrual— 528 121 267 100 1,960 619 3,595 
Total retail real estate244,851 382,017 414,578 158,032 70,815 260,142 190,020 1,720,455 
Gross charge-offs— 5 — 29 72 301 — 407 
 
Retail other
Pass88,885 92,931 23,019 6,701 4,597 854 78,387 295,374 
Substandard non-accrual— 93 62 — — 2 — 157 
Total retail other88,885 93,024 23,081 6,701 4,597 856 78,387 295,531 
Gross charge-offs5 71 172 5 3 373 — 629 
 
Total portfolio loans$1,520,323 $1,785,798 $1,552,072 $705,335 $468,659 $660,624 $958,223 $7,651,034 
Total gross charge-offs$289 $76 $592 $34 $391 $3,036 $— $4,418 
Past Due and Non-accrual Loans
An analysis of the amortized cost basis of portfolio loans that were past due and still accruing, or on a non-accrual status, is presented in the table below (dollars in thousands):
As of June 30, 2024
Loans past due, still accruingNon-accrual
Loans
30-59 Days60-89 Days90+Days
Commercial loans
C&I and other commercial$299 $238 $330 $1,871 
Commercial real estate18,782 508 — 3,285 
Past due and non-accrual commercial loans19,081 746 330 5,156 
Retail loans
Retail real estate2,364 504 382 3,092 
Retail other751 17 — 145 
Past due and non-accrual retail loans3,115 521 382 3,237 
Total past due and non-accrual loans$22,196 $1,267 $712 $8,393 
As of December 31, 2023
Loans past due, still accruingNon-accrual
Loans
30-59 Days60-89 Days90+Days
Commercial loans
C&I and other commercial$— $214 $— $2,602 
Commercial real estate752 — — 843 
Real estate construction24 — — 244 
Past due and non-accrual commercial loans776 214 — 3,689 
Retail loans
Retail real estate2,781 927 366 3,595 
Retail other886 195 9 157 
Past due and non-accrual retail loans3,667 1,122 375 3,752 
Total past due and non-accrual loans$4,443 $1,336 $375 $7,441 
Gross interest income recorded on 90+ days past due loans, and that would have been recorded on non-accrual loans if they had been accruing interest in accordance with their original terms, was $0.2 million and $0.5 million for the three and six months ended June 30, 2024, respectively, and was $0.3 million and $0.7 million for the three and six months ended June 30, 2023, respectively. The amount of interest collected on those loans and recognized on a cash basis that was included in interest income was immaterial for the three and six months ended June 30, 2024 and 2023.
Loan Modifications for Borrowers Experiencing Financial Difficulty
The following tables present the amortized cost basis of loans that were modified—specifically in the form of (1) principal forgiveness, (2) an interest rate reduction, (3) an other-than-insignificant payment deferral, and/or (4) a term extension—for borrowers experiencing financial difficulty during the periods indicated, disaggregated by class of financing receivable and type of concession granted (dollars in thousands):
Three Months Ended June 30, 2024
Term Extension1
% of Total Class of Financing Receivable2
Modified Loans
C&I and other commercial$8,545 0.4 %
Commercial real estate466 — %
Total of loans modified during the period3
$9,011 0.1 %
___________________________________________
1.Modifications to extend loan terms also included, in some cases, interest rate increases during the extension period.
2.Modified loans represent an insignificant portion of commercial real estate loans, rounding to zero percent.
3.All modifications were for loans classified as substandard.
Three Months Ended June 30, 2023
Payment Deferral1
% of Total Class of Financing Receivable2
Term Extension3
% of Total Class of Financing Receivable
Modified Loans
C&I and other commercial$— — %$2,717 0.1 %
Commercial real estate225 — %3,031 0.1 %
Real estate construction— — %5,379 1.0 %
Total of loans modified during the period4
$225 — %$11,127 0.1 %
___________________________________________
1.A loan with payment deferral was modified to defer all principal payments until the end of the loan term, which was shortened.
2.Loans with payment deferrals represent an insignificant portion of commercial real estate loans and total loans, rounding to zero percent.
3.Modifications to extend loan terms also included, in some cases, interest rate increases during the extension period.
4.Modifications include two loans on non-accrual status, one on special mention status, and the remaining loans were classified as substandard.
Six Months Ended June 30, 2024
Term Extension1
% of Total Class of Financing Receivable
Modified Loans
C&I and other commercial$24,067 1.2 %
Commercial real estate1,814 0.1 %
Total of loans modified during the period2
$25,881 0.3 %
___________________________________________
1.Modifications to extend loan terms also included, in some cases, interest rate increases during the extension period.
2.All modifications were for loans classified as substandard.
Six Months Ended June 30, 2023
Payment Deferral1
% of Total Class of Financing Receivable2
Term Extension3
% of Total Class of Financing Receivable
Modified Loans
C&I and other commercial$— — %$16,594 0.9 %
Commercial real estate225 — %4,586 0.1 %
Real estate construction— — %5,379 1.0 %
Total of loans modified during the period4
$225 — %$26,559 0.3 %
___________________________________________
1.A loan with payment deferral was modified to defer all principal payments until the end of the loan term, which was shortened.
2.Loans with payment deferrals represent an insignificant portion of of commercial real estate loans and total loans, rounding to zero percent.
3.Modifications to extend loan terms also included, in some cases, interest rate increases during the extension period.
4.Modifications include two loans on non-accrual status, one on special mention status, and the remaining loans were classified as substandard.
The following table summarizes loan modifications made during the periods indicated for borrowers experiencing financial difficulty:
Three Months Ended June 30,
20242023
Weighted Average Term ExtensionWeighted Average Term Extension
Loan Modifications
C&I and other commercial
4.3 months
11.5 months
Commercial real estate
4.0 months
6.0 months
Real estate construction
—
12.0 months
Weighted average modifications
4.3 months
10.3 months
Six Months Ended June 30,
20242023
Weighted Average Term ExtensionWeighted Average Term Extension
Loan Modifications
C&I and other commercial
14.7 months
11.4 months
Commercial real estate
1.8 months
8.2 months
Real estate construction
—
12.0 months
Weighted average modifications
13.8 months
11.0 months
Performance of Modified Loans
Busey closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table depicts the payment performance of loans modified during the last twelve months (dollars in thousands):
As of June 30, 2024
Current30-89 Days90+ DaysNon-accrual
Modified Loans
C&I and other commercial$25,818 $— $— $— 
Commercial real estate2,124 — — — 
Amortized cost of modified loans$27,942 $— $— $— 
No loans had a payment default during the three or six months ended June 30, 2024, after having been modified during the 12 months before that default for borrowers experiencing financial difficulty. The following tables provide the amortized cost basis of loans that had a payment default during the three and six months ended June 30, 2023, after having been modified during the 12 months before default for borrowers experiencing financial difficulty (dollars in thousands). A default occurs when a loan is 90 days or more past due or transferred to non-accrual status.
Three and Six Months Ended June 30, 2023
Payment DeferralTerm Extension
Loans with Subsequent Defaults
C&I and other commercial$— $958 
Commercial real estate225 — 
Amortized cost of modified loans with subsequent defaults$225 $958 
Collateral Dependent Loans
Management's evaluation as to the ultimate collectability of loans includes estimates regarding future cash flows from operations and the value of property, real and personal, pledged as collateral. These estimates are affected by changing economic conditions and the economic prospects of borrowers. Collateral dependent loans are loans in which repayment is expected to be provided solely by the operation or sale of the underlying collateral and there are no other available and reliable sources of repayment. Loans are written down to the lower of cost or fair value of the underlying collateral, less estimated costs to sell. Busey had $6.1 million of collateral dependent loans secured by real estate or business assets as of both June 30, 2024, and December 31, 2023.
Foreclosures
As of June 30, 2024, Busey had $0.5 million of residential real estate loans in the process of foreclosure. Busey follows Federal Housing Finance Agency guidelines on single-family foreclosures and real estate owned evictions on portfolio loans.
Loans Evaluated Individually
Busey evaluates loans with disparate risk characteristics on an individual basis. The following tables provide details of loans evaluated individually, segregated by loan category and class. The unpaid principal balance represents customer outstanding contractual principal balances excluding any partial charge-offs. Recorded investment represents the amortized cost of customer balances net of any partial charge-offs recognized on the loan. Average recorded investment is calculated using the most recent four quarters (dollars in thousands):
As of June 30, 2024
Unpaid
Principal
Balance		Recorded InvestmentAverage
Recorded
Investment
With No
Allowance		With
Allowance		TotalRelated
Allowance
Commercial loans
C&I and other commercial$5,314 $1,621 $48 $1,669 $48 $5,738 
Commercial real estate3,222 — 3,222 3,222 422 2,046 
Commercial loans evaluated individually8,536 1,621 3,270 4,891 470 7,784 
Retail loans
Retail real estate207 61 19 80 19 84 
Retail loans evaluated individually207 61 19 80 19 84 
Total loans evaluated individually$8,743 $1,682 $3,289 $4,971 $489 $7,868 
As of December 31, 2023
Unpaid
Principal
Balance		Recorded InvestmentAverage
Recorded
Investment
With No
Allowance		With
Allowance		TotalRelated
Allowance
Commercial loans
C&I and other commercial$7,283 $585 $1,785 $2,370 $785 $5,244 
Commercial real estate2,600 610 85 695 85 3,865 
Real estate construction— — — — — 49 
Commercial loans evaluated individually9,883 1,195 1,870 3,065 870 9,158 
Retail loans
Retail real estate213 61 25 86 25 790 
Retail loans evaluated individually213 61 25 86 25 790 
Total loans evaluated individually$10,096 $1,256 $1,895 $3,151 $895 $9,948 
Allowance for Credit Losses
The ACL is a valuation account that is deducted from the portfolio loans’ amortized cost bases to present the net amount expected to be collected on the portfolio loans. The ACL is established through the provision for credit loss charged to income. Portfolio loans are charged off against the ACL when management believes the uncollectibility of a loan balance is confirmed. Recoveries are recognized up to the aggregate amount of previously charged-off balances.
Management estimates the ACL balance using relevant available information from internal and external sources relating to past events, current conditions, and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. The cumulative loss rate used as the basis for the estimate of credit losses is comprised of Busey’s historical loss experience beginning in 2010. Due to the continued economic uncertainty in the markets in which the Company operates, Busey will continue to utilize a forecast period of 12 months with an immediate reversion to historical loss rates beyond this forecast period in its ACL estimate.
The following tables summarize activity in the ACL attributable to each loan class. Allocation of a portion of the ACL to one loan class does not preclude its availability to absorb losses in other loan classes (dollars in thousands):
Three Months Ended June 30, 2024
C&I and Other CommercialCommercial
Real Estate		Real Estate
Construction		Retail
Real Estate		Retail OtherTotal
ACL balance, March 31, 2024$26,207 $33,505 $4,713 $24,281 $2,856 $91,562 
Day 1 PCD1
824 322 — 96 1 1,243 
Provision for credit losses3,118 1,140 (997)(651)(333)2,277 
Charged-off(10,013)(4)— (75)(184)(10,276)
Recoveries150 141 6 78 45 420 
ACL balance, June 30, 2024$20,286 $35,104 $3,722 $23,729 $2,385 $85,226 
___________________________________________
1.The Day 1 PCD is attributable to the M&M acquisition (see “Note 16. Acquisition.”)
Six Months Ended June 30, 2024
C&I and Other CommercialCommercial
Real Estate		Real Estate
Construction		Retail
Real Estate		Retail OtherTotal
ACL balance, December 31, 2023$21,256 $35,465 $5,163 $26,298 $3,558 $91,740 
Day 1 PCD1
824 322 — 96 1 1,243 
Provision for credit losses13,243 (724)(1,488)(2,744)(972)7,315 
Charged-off(15,231)(100)— (127)(278)(15,736)
Recoveries194 141 47 206 76 664 
ACL balance, June 30, 2024$20,286 $35,104 $3,722 $23,729 $2,385 $85,226 
___________________________________________
1.The Day 1 PCD is attributable to the M&M acquisition (see “Note 16. Acquisition.”)
Three Months Ended June 30, 2023
C&I and Other CommercialCommercial
Real Estate		Real Estate
Construction		Retail
Real Estate		Retail OtherTotal
ACL balance, March 31, 2023$24,276 $34,421 $5,159 $24,255 $3,616 $91,727 
Provision for credit losses690 (392)(179)353 155 627 
Charged-off(575)(534)— (103)(135)(1,347)
Recoveries119 161 91 170 91 632 
ACL balance, June 30, 2023$24,510 $33,656 $5,071 $24,675 $3,727 $91,639 
Six Months Ended June 30, 2023
C&I and Other CommercialCommercial
Real Estate		Real Estate
Construction		Retail
Real Estate		Retail OtherTotal
ACL balance, December 31, 2022$23,860 $38,299 $6,457 $18,193 $4,799 $91,608 
Provision for credit losses1,385 (3,751)(1,508)6,301 (847)1,580 
Charged-off(975)(1,073)— (108)(372)(2,528)
Recoveries240 181 122 289 147 979 
ACL balance, June 30, 2023$24,510 $33,656 $5,071 $24,675 $3,727 $91,639 
The following tables present the ACL and amortized cost of portfolio loans by loan category and class (dollars in thousands):
As of June 30, 2024
Portfolio LoansACL Attributed to Portfolio Loans
Collectively
Evaluated for
Impairment		Individually
Evaluated for
Impairment		TotalCollectively
Evaluated for
Impairment		Individually
Evaluated for
Impairment		Total
Commercial loans
C&I and other commercial$1,941,305 $1,669 $1,942,974 $20,238 $48 $20,286 
Commercial real estate3,442,292 3,222 3,445,514 34,682 422 35,104 
Real estate construction410,726 — 410,726 3,722 — 3,722 
Commercial loans and related ACL5,794,323 4,891 5,799,214 58,642 470 59,112 
Retail loans
Retail real estate1,727,201 80 1,727,281 23,710 19 23,729 
Retail other472,417 — 472,417 2,385 — 2,385 
Retail loans and related ACL2,199,618 80 2,199,698 26,095 19 26,114 
Portfolio loans and related ACL$7,993,941 $4,971 $7,998,912 $84,737 $489 $85,226 
As of December 31, 2023
Portfolio LoansACL Attributed to Portfolio Loans
Collectively
Evaluated for
Impairment		Individually
Evaluated for
Impairment		TotalCollectively
Evaluated for
Impairment		Individually
Evaluated for
Impairment		Total
Commercial loans
C&I and other commercial$1,833,624 $2,370 $1,835,994 $20,471 $785 $21,256 
Commercial real estate3,336,642 695 3,337,337 35,380 85 35,465 
Real estate construction461,717 — 461,717 5,163 — 5,163 
Commercial loans and related ACL5,631,983 3,065 5,635,048 61,014 870 61,884 
Retail loans
Retail real estate1,720,369 86 1,720,455 26,273 25 26,298 
Retail other295,531 — 295,531 3,558 — 3,558 
Retail loans and related ACL2,015,900 86 2,015,986 29,831 25 29,856 
Portfolio loans and related ACL$7,647,883 $3,151 $7,651,034 $90,845 $895 $91,740