XML 48 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Loans (Tables)
6 Months Ended
Jun. 30, 2021
Loans [Abstract]  
Composition of Loan Portfolio

 

 

June 30, 2021

 

December 31, 2020

 

 

Non-PCD

 

PCD

 

Total

 

Non-PCD

 

PCD

 

Total

 

 

(In thousands)

 

(In thousands)

Commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by

real estate

 

$

829,053

 

$

224,987

 

$

1,054,040

 

$

807,284

 

$

243,229

 

$

1,050,513

Other commercial and

industrial

 

 

677,775

 

 

35,640

 

 

713,415

 

 

647,444

 

 

39,931

 

 

687,375

Commercial Paycheck

Protection Program

(PPP Loans)

 

 

228,677

 

 

-

 

 

228,677

 

 

289,218

 

 

-

 

 

289,218

US commercial loans

 

 

397,038

 

 

-

 

 

397,038

 

 

374,904

 

 

-

 

 

374,904

 

 

 

2,132,543

 

 

260,627

 

 

2,393,170

 

 

2,118,850

 

 

283,160

 

 

2,402,010

Mortgage

 

 

760,168

 

 

1,324,274

 

 

2,084,442

 

 

823,443

 

 

1,459,932

 

 

2,283,375

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

 

300,631

 

 

673

 

 

301,304

 

 

313,257

 

 

1,043

 

 

314,300

Credit lines

 

 

31,378

 

 

308

 

 

31,686

 

 

43,805

 

 

351

 

 

44,156

Credit cards

 

 

49,153

 

 

-

 

 

49,153

 

 

56,185

 

 

-

 

 

56,185

Overdraft

 

 

313

 

 

-

 

 

313

 

 

305

 

 

-

 

 

305

Auto

 

 

1,618,788

 

 

19,236

 

 

1,638,024

 

 

1,534,269

 

 

27,533

 

 

1,561,802

 

 

 

2,000,263

 

 

20,217

 

 

2,020,480

 

 

1,947,821

 

 

28,927

 

 

1,976,748

 

 

 

4,892,974

 

 

1,605,118

 

 

6,498,092

 

 

4,890,114

 

 

1,772,019

 

 

6,662,133

Allowance for credit losses

 

 

(148,314)

 

 

(43,403)

 

 

(191,717)

 

 

(161,015)

 

 

(43,794)

 

 

(204,809)

Total loans held for investment

 

 

4,744,660

 

 

1,561,715

 

 

6,306,375

 

 

4,729,099

 

 

1,728,225

 

 

6,457,324

Mortgage loans held for sale

 

 

37,885

 

 

-

 

 

37,885

 

 

41,654

 

 

-

 

 

41,654

Other loans held for sale

 

 

9,780

 

 

-

 

 

9,780

 

 

2,281

 

 

-

 

 

2,281

Total loans held for sale

 

 

47,665

 

 

-

 

 

47,665

 

 

43,935

 

 

-

 

 

43,935

Total loans, net

 

$

4,792,325

 

$

1,561,715

 

$

6,354,040

 

$

4,773,034

 

$

1,728,225

 

$

6,501,259

Aging of Recorded Investment in Gross Loans

 

June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans 90+

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Days Past

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due and

 

30-59 Days

 

60-89 Days

 

90+ Days

 

Total Past

 

 

 

 

 

Still

 

Past Due

 

Past Due

 

Past Due

 

Due

 

Current

 

Total Loans

 

Accruing

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

971

 

$

335

 

$

15,790

 

$

17,096

 

$

811,957

 

$

829,053

 

$

-

Other commercial and industrial

 

635

 

 

284

 

 

2,044

 

 

2,963

 

 

903,489

 

 

906,452

 

 

-

US commercial loans

 

1,490

 

 

-

 

 

-

 

 

1,490

 

 

395,548

 

 

397,038

 

 

-

 

 

3,096

 

 

619

 

 

17,834

 

 

21,549

 

 

2,110,994

 

 

2,132,543

 

 

-

Mortgage

 

8,302

 

 

7,206

 

 

72,451

 

 

87,959

 

 

672,209

 

 

760,168

 

 

3,448

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

2,484

 

 

1,031

 

 

1,086

 

 

4,601

 

 

296,030

 

 

300,631

 

 

-

Credit lines

 

1,217

 

 

197

 

 

378

 

 

1,792

 

 

29,586

 

 

31,378

 

 

-

Credit cards

 

661

 

 

254

 

 

850

 

 

1,765

 

 

47,388

 

 

49,153

 

 

-

Overdraft

 

85

 

 

-

 

 

2

 

 

87

 

 

226

 

 

313

 

 

-

Auto

 

46,719

 

 

19,349

 

 

7,192

 

 

73,260

 

 

1,545,528

 

 

1,618,788

 

 

-

 

 

51,166

 

 

20,831

 

 

9,508

 

 

81,505

 

 

1,918,758

 

 

2,000,263

 

 

-

Total loans

$

62,564

 

$

28,656

 

$

99,793

 

$

191,013

 

$

4,701,961

 

$

4,892,974

 

$

3,448

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans 90+

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Days Past

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due and

 

30-59 Days

 

60-89 Days

 

90+ Days

 

Total Past

 

 

 

 

 

Still

 

Past Due

 

Past Due

 

Past Due

 

Due

 

Current

 

Total Loans

 

Accruing

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

2,781

 

$

750

 

$

17,862

 

$

21,393

 

$

785,891

 

$

807,284

 

$

-

Other commercial and industrial

 

1,674

 

 

234

 

 

4,695

 

 

6,603

 

 

930,059

 

 

936,662

 

 

-

US commercial loans

 

2,604

 

 

-

 

 

-

 

 

2,604

 

 

372,300

 

 

374,904

 

 

-

 

 

7,059

 

 

984

 

 

22,557

 

 

30,600

 

 

2,088,250

 

 

2,118,850

 

 

-

Mortgage

 

7,385

 

 

14,953

 

 

101,528

 

 

123,866

 

 

699,577

 

 

823,443

 

 

3,974

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,784

 

 

2,515

 

 

2,062

 

 

9,361

 

 

303,896

 

 

313,257

 

 

-

Credit lines

 

2,136

 

 

476

 

 

1,269

 

 

3,881

 

 

39,924

 

 

43,805

 

 

-

Credit cards

 

1,357

 

 

824

 

 

1,585

 

 

3,766

 

 

52,419

 

 

56,185

 

 

-

Overdraft

 

138

 

 

-

 

 

-

 

 

138

 

 

167

 

 

305

 

 

-

Auto

 

57,176

 

 

31,181

 

 

20,485

 

 

108,842

 

 

1,425,427

 

 

1,534,269

 

 

-

 

 

65,591

 

 

34,996

 

 

25,401

 

 

125,988

 

 

1,821,833

 

 

1,947,821

 

 

-

Total loans

$

80,035

 

$

50,933

 

$

149,486

 

$

280,454

 

$

4,609,660

 

$

4,890,114

 

$

3,974

Investment in Loans on Non-Accrual Status

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

December 31, 2020

 

Nonaccrual with

 

Nonaccrual with no

 

 

 

Nonaccrual with

 

Nonaccrual with no

 

 

 

Allowance

 

Allowance

 

 

 

Allowance

 

Allowance

 

 

 

for Credit Loss

 

for Credit Loss

 

Total

 

for Credit Loss

 

for Credit Loss

 

Total

 

(In thousands)

 

(In thousands)

Non-PCD:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured

by real estate

$

15,217

 

$

19,162

 

$

34,379

 

$

15,225

 

$

21,462

 

$

36,687

Other commercial and

industrial

 

3,119

 

 

361

 

 

3,480

 

 

2,138

 

 

3,174

 

 

5,312

 

 

18,336

 

 

19,523

 

 

37,859

 

 

17,363

 

 

24,636

 

 

41,999

Mortgage

 

21,092

 

 

21,913

 

 

43,005

 

 

24,920

 

 

17,747

 

 

42,667

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

927

 

 

298

 

 

1,225

 

 

1,752

 

 

377

 

 

2,129

Personal lines of credit

 

389

 

 

-

 

 

389

 

 

1,272

 

 

-

 

 

1,272

Credit cards

 

848

 

 

-

 

 

848

 

 

1,586

 

 

-

 

 

1,586

Auto and leasing

 

7,605

 

 

-

 

 

7,605

 

 

20,766

 

 

-

 

 

20,766

 

 

9,769

 

 

298

 

 

10,067

 

 

25,376

 

 

377

 

 

25,753

Total non-accrual

loans

$

49,197

 

$

41,734

 

$

90,931

 

$

67,659

 

$

42,760

 

$

110,419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PCD:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured

by real estate

$

27,730

 

$

5,670

 

$

33,400

 

$

31,338

 

$

4,031

 

$

35,369

Other commercial and

industrial

 

1,102

 

 

-

 

 

1,102

 

 

1,102

 

 

-

 

 

1,102

 

 

28,832

 

 

5,670

 

 

34,502

 

 

32,440

 

 

4,031

 

 

36,471

Mortgage

 

2,067

 

 

-

 

 

2,067

 

 

1,003

 

 

-

 

 

1,003

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

-

 

 

-

 

 

-

 

 

1

 

 

-

 

 

1

 

 

-

 

 

-

 

 

-

 

 

1

 

 

-

 

 

1

Total non-accrual

loans

$

30,899

 

$

5,670

 

$

36,569

 

$

33,444

 

$

4,031

 

$

37,475

 

$

80,096

 

$

47,404

 

$

127,500

 

$

101,103

 

$

46,791

 

$

147,894

Troubled-Debt Restructuring Loan Portfolio

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

 

 

 

 

 

Related

 

Accruing

 

Non-accruing

 

Total

 

Allowance

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

11,448

 

$

14,922

 

$

26,370

 

$

233

US commercial loans

 

7,157

 

 

-

 

 

7,157

 

 

214

Other commercial and industrial

 

3,594

 

 

350

 

 

3,944

 

 

64

 

 

22,199

 

 

15,272

 

 

37,471

 

 

511

Mortgage

 

95,820

 

 

10,810

 

 

106,630

 

 

4,245

Consumer

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,000

 

 

139

 

 

4,139

 

 

199

Auto and leasing

 

269

 

 

56

 

 

325

 

 

21

 

 

4,269

 

 

195

 

 

4,464

 

 

220

Total loans

$

122,288

 

$

26,277

 

$

148,565

 

$

4,976

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

Related

 

Accruing

 

Non-accruing

 

Total

 

Allowance

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

10,047

 

$

16,609

 

$

26,656

 

$

223

US commercial loans

 

7,157

 

 

-

 

 

7,157

 

 

345

Other commercial and industrial

 

3,872

 

 

375

 

 

4,247

 

 

59

 

 

21,076

 

 

16,984

 

 

38,060

 

 

627

Mortgage

 

87,539

 

 

11,202

 

 

98,741

 

 

4,882

Consumer

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,944

 

 

67

 

 

5,011

 

 

257

Auto and leasing

 

331

 

 

44

 

 

375

 

 

23

 

 

5,275

 

 

111

 

 

5,386

 

 

280

Total loans

$

113,890

 

$

28,297

 

$

142,187

 

$

5,789

Troubled-Debt Restructurings By Loan Portfolio And Modification Type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

 

 

 

Combination of reduction

 

 

 

 

 

 

Reduction in

 

Maturity or term

 

in interest rate

 

 

 

 

 

 

 

interest rate

 

extension

 

and extension of maturity

 

Forbearance

 

Total

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

911

 

$

4,651

 

$

20,808

 

$

-

 

$

26,370

US commercial loans

 

7,157

 

 

-

 

 

-

 

 

-

 

 

7,157

Other commercial and industrial

 

723

 

 

2,682

 

 

539

 

 

-

 

 

3,944

 

 

8,791

 

 

7,333

 

 

21,347

 

 

-

 

 

37,471

Mortgage

 

28,370

 

 

7,493

 

 

33,675

 

 

37,092

 

 

106,630

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

1,949

 

 

312

 

 

1,606

 

 

272

 

 

4,139

Auto and leasing

 

62

 

 

-

 

 

45

 

 

218

 

 

325

 

 

2,011

 

 

312

 

 

1,651

 

 

490

 

 

4,464

Total loans

$

39,172

 

$

15,138

 

$

56,673

 

$

37,582

 

$

148,565

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

Combination of reduction

 

 

 

 

 

 

Reduction in

 

Maturity or term

 

in interest rate

 

 

 

 

 

 

 

interest rate

 

extension

 

and extension of maturity

 

Forbearance

 

Total

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

740

 

$

3,926

 

$

21,990

 

$

-

 

$

26,656

US commercial loans

 

7,157

 

 

-

 

 

-

 

 

-

 

 

7,157

Other commercial and industrial

 

718

 

 

2,960

 

 

569

 

 

-

 

 

4,247

 

 

8,615

 

 

6,886

 

 

22,559

 

 

-

 

 

38,060

Mortgage

 

27,593

 

 

6,271

 

 

29,734

 

 

35,143

 

 

98,741

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

2,315

 

 

407

 

 

1,896

 

 

393

 

 

5,011

Auto and leasing

 

38

 

 

-

 

 

38

 

 

299

 

 

375

 

 

2,353

 

 

407

 

 

1,934

 

 

692

 

 

5,386

Total loans

$

38,561

 

$

13,564

 

$

54,227

 

$

35,835

 

$

142,187

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TDR Pre/Post Modifications And Rolling Twelve Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended June 30, 2021

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

44

 

$

5,104

 

4.24%

 

303

 

$

4,880

 

3.59%

 

349

Commercial

1

 

 

991

 

4.25%

 

175

 

 

880

 

5.75%

 

60

Consumer

7

 

 

139

 

12.76%

 

72

 

 

139

 

9.47%

 

76

Auto

3

 

 

44

 

13.15%

 

78

 

 

44

 

10.15%

 

73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six-Month Period Ended June 30, 2021

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

70

 

$

8,661

 

4.14%

 

302

 

$

8,460

 

3.60%

 

342

Commercial

3

 

 

1,176

 

4.72%

 

157

 

 

1,085

 

5.95%

 

60

Consumer

9

 

 

155

 

12.65%

 

70

 

 

156

 

9.52%

 

75

Auto

8

 

 

126

 

9.04%

 

70

 

 

126

 

9.93%

 

49

 

Quarter Ended June 30, 2020

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Consumer

1

 

 

21

 

5.99%

 

60

 

 

20

 

6.50%

 

72

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six-Month Period Ended June 30, 2020

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

26

 

$

3,093

 

5.14%

 

359

 

$

3,046

 

4.29%

 

360

Commercial

1

 

 

281

 

8.00%

 

105

 

 

281

 

6.00%

 

240

Consumer

16

 

 

220

 

12.95%

 

67

 

 

225

 

10.63%

 

81

 

Twelve month period ended June 30,

 

2021

 

 

2020

 

Number of Contracts

 

Recorded Investment

 

 

Number of Contracts

 

Recorded Investment

 

(Dollars in thousands)

Mortgage

19

 

$

2,191

 

 

17

 

$

2,267

Consumer

1

 

$

14

 

 

90

 

$

1,231

Auto

11

 

$

64

 

 

3

 

$

32

Aging of the Amortized Cost of Collateral-Dependent Loans Held For Investment

 

June 30, 2021

 

December 31, 2020

 

(In thousands)

Commercial loans:

 

 

 

 

 

Commercial secured by real estate

$

25,189

 

$

29,279

Credit Quality Indicators of Loans

 

Term Loans

 

Revolving

 

 

 

 

Amortized Cost Basis by Origination Year

 

Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

 

 

2021

 

2020

 

2019

 

2018

 

2017

 

Prior

 

Cost Basis

 

Total

 

(In thousands)

Commercial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

59,344

 

$

125,832

 

$

97,799

 

$

84,239

 

$

66,936

 

$

206,046

 

$

37,274

 

$

677,470

Special Mention

 

672

 

 

10,436

 

 

51,806

 

 

24,581

 

 

10,657

 

 

12,031

 

 

956

 

 

111,139

Substandard

 

850

 

 

314

 

 

69

 

 

905

 

 

8,598

 

 

21,130

 

 

1,289

 

 

33,155

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

25

 

 

7,264

 

 

7,289

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total commercial secured by real estate

 

60,866

 

 

136,582

 

 

149,674

 

 

109,725

 

 

86,191

 

 

239,232

 

 

46,783

 

 

829,053

Other commercial and industrial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

289,682

 

 

165,556

 

 

55,504

 

 

45,725

 

 

10,762

 

 

7,459

 

 

271,518

 

 

846,206

Special Mention

 

89

 

 

320

 

 

8,172

 

 

19,597

 

 

17

 

 

-

 

 

28,409

 

 

56,604

Substandard

 

446

 

 

22

 

 

163

 

 

496

 

 

108

 

 

106

 

 

2,243

 

 

3,584

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

58

 

 

58

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total other commercial and industrial:

 

290,217

 

 

165,898

 

 

63,839

 

 

65,818

 

 

10,887

 

 

7,565

 

 

302,228

 

 

906,452

US commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

37,333

 

 

59,081

 

 

50,358

 

 

77,683

 

 

-

 

 

-

 

 

134,118

 

 

358,573

Special Mention

 

-

 

 

-

 

 

1,512

 

 

12,339

 

 

-

 

 

-

 

 

-

 

 

13,851

Substandard

 

-

 

 

7,157

 

 

-

 

 

17,457

 

 

-

 

 

-

 

 

-

 

 

24,614

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total US commercial loans:

 

37,333

 

 

66,238

 

 

51,870

 

 

107,479

 

 

-

 

 

-

 

 

134,118

 

 

397,038

Total commercial loans

$

388,416

 

$

368,718

 

$

265,383

 

$

283,022

 

$

97,078

 

$

246,797

 

$

483,129

 

$

2,132,543

 

Term Loans

 

 

 

 

 

 

 

 

Amortized Cost Basis by Origination Year

 

Revolving

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

 

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Cost Basis

 

Total

 

(In thousands)

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

113,474

 

$

105,156

 

$

106,283

 

$

81,338

 

$

44,008

 

$

187,189

 

$

30,686

 

 

$

668,134

Special Mention

 

10,592

 

 

20,605

 

 

5,233

 

 

11,771

 

 

8,514

 

 

3,090

 

 

37,680

 

 

 

97,485

Substandard

 

183

 

 

63

 

 

758

 

 

8,923

 

 

584

 

 

23,746

 

 

7,331

 

 

 

41,588

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

77

 

 

-

 

 

 

77

Total commercial secured by real estate

 

124,249

 

 

125,824

 

 

112,274

 

 

102,032

 

 

53,106

 

 

214,102

 

 

75,697

 

 

 

807,284

Other commercial and industrial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

384,901

 

 

84,433

 

 

75,023

 

 

14,502

 

 

8,326

 

 

7,922

 

 

300,429

 

 

 

875,536

Special Mention

 

151

 

 

8,242

 

 

19,626

 

 

-

 

 

-

 

 

3,337

 

 

23,732

 

 

 

55,088

Substandard

 

207

 

 

66

 

 

486

 

 

164

 

 

2,809

 

 

119

 

 

2,122

 

 

 

5,973

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

65

 

 

 

65

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

 

-

Total other commercial and industrial:

 

385,259

 

 

92,741

 

 

95,135

 

 

14,666

 

 

11,135

 

 

11,378

 

 

326,348

 

 

 

936,662

US commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

68,688

 

 

62,264

 

 

77,762

 

 

7,124

 

 

-

 

 

-

 

 

98,324

 

 

 

314,162

Special Mention

 

-

 

 

1,501

 

 

33,282

 

 

-

 

 

-

 

 

-

 

 

1,250

 

 

 

36,033

Substandard

 

7,156

 

 

-

 

 

17,553

 

 

-

 

 

-

 

 

-

 

 

-

 

 

 

24,709

Total US commercial loans

 

75,844

 

 

63,765

 

 

128,597

 

 

7,124

 

 

-

 

 

-

 

 

99,574

 

 

 

374,904

Total Commercial

$

585,352

 

$

282,330

 

$

336,006

 

$

123,822

 

$

64,241

 

$

225,480

 

$

501,619

 

 

$

2,118,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loans

 

 

 

 

Term Loans

 

Revolving

 

Converted to

 

 

 

 

Amortized Cost Basis by Origination Year

 

Loans

 

Term Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

Amortized

 

 

 

2021

 

2020

 

2019

 

2018

 

2017

 

Prior

 

Cost Basis

 

Cost Basis

 

Total

 

(In thousands)

Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

8,584

 

$

15,005

 

$

15,576

 

$

21,657

 

$

26,204

 

$

620,368

 

$

-

 

$

-

 

$

707,394

Nonperforming

 

-

 

 

126

 

 

536

 

 

465

 

 

2,500

 

 

49,147

 

 

-

 

 

-

 

 

52,774

Total mortgage loans:

 

8,584

 

 

15,131

 

 

16,112

 

 

22,122

 

 

28,704

 

 

669,515

 

 

-

 

 

-

 

 

760,168

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

61,458

 

 

72,563

 

 

90,158

 

 

43,084

 

 

19,871

 

 

12,272

 

 

-

 

 

-

 

 

299,406

Nonperforming

 

124

 

 

182

 

 

179

 

 

273

 

 

93

 

 

374

 

 

-

 

 

-

 

 

1,225

Total personal loans

 

61,582

 

 

72,745

 

 

90,337

 

 

43,357

 

 

19,964

 

 

12,646

 

 

-

 

 

-

 

 

300,631

Credit lines:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

30,989

 

 

-

 

 

30,989

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

389

 

 

-

 

 

389

Total credit lines

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

31,378

 

 

-

 

 

31,378

Credit cards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

48,305

 

 

-

 

 

48,305

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

848

 

 

-

 

 

848

Total credit cards

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

49,153

 

 

-

 

 

49,153

Overdrafts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

313

 

 

-

 

 

313

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total overdrafts

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

313

 

 

-

 

 

313

Total consumer loans

 

61,582

 

 

72,745

 

 

90,337

 

 

43,357

 

 

19,964

 

 

12,646

 

 

80,844

 

 

-

 

 

381,475

Total mortgage and consumer loans

$

70,166

 

$

87,876

 

$

106,449

 

$

65,479

 

$

48,668

 

$

682,161

 

$

80,844

 

$

-

 

$

1,141,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loans

 

 

 

 

Term Loans

 

Revolving

 

Converted to

 

 

 

 

Amortized Cost Basis by Origination Year

 

Loans

 

Term Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

Amortized

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Cost Basis

 

Cost Basis

 

Total

 

(In thousands)

Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

14,842

 

$

20,516

 

$

27,359

 

$

33,088

 

$

38,637

 

$

642,045

 

$

-

 

$

-

 

$

776,487

Nonperforming

 

-

 

 

347

 

 

722

 

 

894

 

 

950

 

 

44,043

 

 

-

 

 

-

 

 

46,956

Total mortgage loans:

 

14,842

 

 

20,863

 

 

28,081

 

 

33,982

 

 

39,587

 

 

686,088

 

 

-

 

 

-

 

 

823,443

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

88,653

 

 

115,295

 

 

58,009

 

 

28,424

 

 

13,565

 

 

7,181

 

 

-

 

 

-

 

 

311,127

Nonperforming

 

201

 

 

591

 

 

492

 

 

318

 

 

134

 

 

394

 

 

-

 

 

-

 

 

2,130

Total personal loans

 

88,854

 

 

115,886

 

 

58,501

 

 

28,742

 

 

13,699

 

 

7,575

 

 

-

 

 

-

 

 

313,257

Credit lines:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

42,531

 

 

-

 

 

42,531

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

1,274

 

 

-

 

 

1,274

Total credit lines

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

43,805

 

 

-

 

 

43,805

Credit cards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

54,599

 

 

-

 

 

54,599

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

1,586

 

 

-

 

 

1,586

Total credit cards

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

56,185

 

 

-

 

 

56,185

Overdrafts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

305

 

 

-

 

 

305

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total overdrafts

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

305

 

 

-

 

 

305

Total consumer loans

 

88,854

 

 

115,886

 

 

58,501

 

 

28,742

 

 

13,699

 

 

7,575

 

 

100,295

 

 

-

 

 

413,552

Total mortgage and consumer loans

$

103,696

 

$

136,749

 

$

86,582

 

$

62,724

 

$

53,286

 

$

693,663

 

$

100,295

 

$

-

 

$

1,236,995

 

Term Loans

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

As of June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

2020

 

2019

 

2018

 

2017

 

Prior

 

Total

 

(In thousands)

Auto:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FICO score:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-660

 

75,895

 

 

106,442

 

 

92,663

 

 

79,610

 

 

46,518

 

 

35,412

 

 

436,540

661-699

 

57,205

 

 

90,482

 

 

59,027

 

 

41,148

 

 

20,923

 

 

16,544

 

 

285,329

700+

 

123,165

 

 

187,673

 

 

211,175

 

 

156,703

 

 

78,045

 

 

58,314

 

 

815,075

No FICO

 

21,891

 

 

14,994

 

 

20,524

 

 

12,204

 

 

6,889

 

 

5,342

 

 

81,844

Total auto:

$

278,156

 

$

399,591

 

$

383,389

 

$

289,665

 

$

152,375

 

$

115,612

 

$

1,618,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Loans

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Total

 

(In thousands)

Auto:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FICO score:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-660

 

121,878

 

 

112,476

 

 

97,725

 

 

56,935

 

 

30,307

 

 

22,360

 

 

441,681

661-699

 

84,673

 

 

68,698

 

 

44,633

 

 

23,308

 

 

13,571

 

 

9,031

 

 

243,914

700+

 

173,834

 

 

214,287

 

 

164,205

 

 

85,743

 

 

45,947

 

 

32,177

 

 

716,193

No FICO

 

21,512

 

 

42,597

 

 

33,305

 

 

18,127

 

 

9,656

 

 

7,284

 

 

132,481

Total auto:

$

401,897

 

$

438,058

 

$

339,868

 

$

184,113

 

$

99,481

 

$

70,852

 

$

1,534,269