XML 47 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Loans (Tables)
9 Months Ended
Sep. 30, 2021
Loans [Abstract]  
Composition of Loan Portfolio

 

 

September 30, 2021

 

December 31, 2020

 

 

Non-PCD

 

PCD

 

Total

 

Non-PCD

 

PCD

 

Total

 

 

(In thousands)

 

(In thousands)

Commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by

real estate

 

$

809,107

 

$

210,538

 

$

1,019,645

 

$

807,284

 

$

243,229

 

$

1,050,513

Other commercial and

industrial

 

 

722,859

 

 

29,016

 

 

751,875

 

 

647,444

 

 

39,931

 

 

687,375

Commercial Paycheck

Protection Program

(PPP Loans)

 

 

136,698

 

 

-

 

 

136,698

 

 

289,218

 

 

-

 

 

289,218

US commercial loans

 

 

422,838

 

 

-

 

 

422,838

 

 

374,904

 

 

-

 

 

374,904

 

 

 

2,091,502

 

 

239,554

 

 

2,331,056

 

 

2,118,850

 

 

283,160

 

 

2,402,010

Mortgage

 

 

751,389

 

 

1,270,854

 

 

2,022,243

 

 

847,102

 

 

1,459,932

 

 

2,307,034

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

 

310,488

 

 

623

 

 

311,111

 

 

313,257

 

 

1,043

 

 

314,300

Credit lines

 

 

15,673

 

 

336

 

 

16,009

 

 

20,146

 

 

351

 

 

20,497

Credit cards

 

 

47,292

 

 

-

 

 

47,292

 

 

56,185

 

 

-

 

 

56,185

Overdraft

 

 

219

 

 

-

 

 

219

 

 

305

 

 

-

 

 

305

Auto

 

 

1,667,113

 

 

15,820

 

 

1,682,933

 

 

1,534,269

 

 

27,533

 

 

1,561,802

 

 

 

2,040,785

 

 

16,779

 

 

2,057,564

 

 

1,924,162

 

 

28,927

 

 

1,953,089

 

 

 

4,883,676

 

 

1,527,187

 

 

6,410,863

 

 

4,890,114

 

 

1,772,019

 

 

6,662,133

Allowance for credit losses

 

 

(138,874)

 

 

(41,998)

 

 

(180,872)

 

 

(161,015)

 

 

(43,794)

 

 

(204,809)

Total loans held for investment

 

 

4,744,802

 

 

1,485,189

 

 

6,229,991

 

 

4,729,099

 

 

1,728,225

 

 

6,457,324

Mortgage loans held for sale

 

 

35,031

 

 

-

 

 

35,031

 

 

41,654

 

 

-

 

 

41,654

Other loans held for sale

 

 

17,463

 

 

-

 

 

17,463

 

 

2,281

 

 

-

 

 

2,281

Total loans held for sale

 

 

52,494

 

 

-

 

 

52,494

 

 

43,935

 

 

-

 

 

43,935

Total loans, net

 

$

4,797,296

 

$

1,485,189

 

$

6,282,485

 

$

4,773,034

 

$

1,728,225

 

$

6,501,259

Aging of Recorded Investment in Gross Loans

 

September 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

$

2,745

 

$

51

 

$

8,630

 

$

11,426

 

$

797,681

 

$

809,107

 

$

-

Other commercial and industrial

 

662

 

 

463

 

 

962

 

 

2,087

 

 

857,470

 

 

859,557

 

 

-

US commercial loans

 

229

 

 

-

 

 

-

 

 

229

 

 

422,609

 

 

422,838

 

 

-

 

 

3,636

 

 

514

 

 

9,592

 

 

13,742

 

 

2,077,760

 

 

2,091,502

 

 

-

Mortgage

 

8,364

 

 

6,877

 

 

62,860

 

 

78,101

 

 

673,288

 

 

751,389

 

 

3,078

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

2,442

 

 

1,143

 

 

1,110

 

 

4,695

 

 

305,793

 

 

310,488

 

 

-

Credit lines

 

331

 

 

87

 

 

312

 

 

730

 

 

14,943

 

 

15,673

 

 

-

Credit cards

 

717

 

 

207

 

 

577

 

 

1,501

 

 

45,791

 

 

47,292

 

 

-

Overdraft

 

58

 

 

-

 

 

3

 

 

61

 

 

158

 

 

219

 

 

-

Auto

 

51,371

 

 

24,891

 

 

11,411

 

 

87,673

 

 

1,579,440

 

 

1,667,113

 

 

-

 

 

54,919

 

 

26,328

 

 

13,413

 

 

94,660

 

 

1,946,125

 

 

2,040,785

 

 

-

Total loans

$

66,919

 

$

33,719

 

$

85,865

 

$

186,503

 

$

4,697,173

 

$

4,883,676

 

$

3,078

 

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

 

8,475

 

 

15,100

 

 

102,291

 

 

125,866

 

 

721,236

 

 

847,102

 

 

3,974

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,784

 

 

2,515

 

 

2,062

 

 

9,361

 

 

303,896

 

 

313,257

 

 

-

Credit lines

 

1,046

 

 

329

 

 

506

 

 

1,881

 

 

18,265

 

 

20,146

 

 

-

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

 

 

-

 

 

64,501

 

 

34,849

 

 

24,638

 

 

123,988

 

 

1,800,174

 

 

1,924,162

 

 

-

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 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

$

6,906

 

$

19,520

 

$

26,426

 

$

15,225

 

$

21,462

 

$

36,687

Other commercial and

industrial

 

1,704

 

 

343

 

 

2,047

 

 

2,138

 

 

3,174

 

 

5,312

 

 

8,610

 

 

19,863

 

 

28,473

 

 

17,363

 

 

24,636

 

 

41,999

Mortgage

 

20,112

 

 

22,280

 

 

42,392

 

 

25,683

 

 

17,747

 

 

43,430

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

1,006

 

 

305

 

 

1,311

 

 

1,752

 

 

377

 

 

2,129

Personal lines of credit

 

312

 

 

-

 

 

312

 

 

509

 

 

-

 

 

509

Credit cards

 

577

 

 

-

 

 

577

 

 

1,586

 

 

-

 

 

1,586

Auto and leasing

 

12,054

 

 

1

 

 

12,055

 

 

20,766

 

 

-

 

 

20,766

 

 

13,949

 

 

306

 

 

14,255

 

 

24,613

 

 

377

 

 

24,990

Total non-accrual

loans

$

42,671

 

$

42,449

 

$

85,120

 

$

67,659

 

$

42,760

 

$

110,419

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PCD:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured

by real estate

$

28,334

 

$

7,319

 

$

35,653

 

$

31,338

 

$

4,031

 

$

35,369

Other commercial and

industrial

 

1,103

 

 

42

 

 

1,145

 

 

1,102

 

 

-

 

 

1,102

 

 

29,437

 

 

7,361

 

 

36,798

 

 

32,440

 

 

4,031

 

 

36,471

Mortgage

 

2,030

 

 

-

 

 

2,030

 

 

1,003

 

 

-

 

 

1,003

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

-

 

 

-

 

 

-

 

 

1

 

 

-

 

 

1

 

 

-

 

 

-

 

 

-

 

 

1

 

 

-

 

 

1

Total non-accrual

loans

$

31,467

 

$

7,361

 

$

38,828

 

$

33,444

 

$

4,031

 

$

37,475

 

$

74,138

 

$

49,810

 

$

123,948

 

$

101,103

 

$

46,791

 

$

147,894

TDR Pre/Post Modifications And Rolling Twelve Months

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

 

 

 

 

 

 

Related

 

Accruing

 

Non-accruing

 

Total

 

Allowance

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

11,285

 

$

14,606

 

$

25,891

 

$

304

US commercial loans

 

7,156

 

 

-

 

 

7,156

 

 

176

Other commercial and industrial

 

3,038

 

 

337

 

 

3,375

 

 

46

 

 

21,479

 

 

14,943

 

 

36,422

 

 

526

Mortgage

 

97,113

 

 

11,420

 

 

108,533

 

 

4,214

Consumer

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

3,662

 

 

201

 

 

3,863

 

 

182

Auto and leasing

 

246

 

 

22

 

 

268

 

 

17

 

 

3,908

 

 

223

 

 

4,131

 

 

199

Total loans

$

122,500

 

$

26,586

 

$

149,086

 

$

4,939

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

September 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

$

861

 

$

1,289

 

$

20,467

 

$

3,274

 

$

25,891

US commercial loans

 

7,156

 

 

-

 

 

-

 

 

-

 

 

7,156

Other commercial and industrial

 

693

 

 

2,123

 

 

529

 

 

30

 

 

3,375

 

 

8,710

 

 

3,412

 

 

20,996

 

 

3,304

 

 

36,422

Mortgage

 

33,309

 

 

7,237

 

 

32,761

 

 

35,226

 

 

108,533

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

1,789

 

 

312

 

 

1,528

 

 

234

 

 

3,863

Auto and leasing

 

77

 

 

-

 

 

31

 

 

160

 

 

268

 

 

1,866

 

 

312

 

 

1,559

 

 

394

 

 

4,131

Total loans

$

43,885

 

$

10,961

 

$

55,316

 

$

38,924

 

$

149,086

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended September 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

40

 

$

5,691

 

4.52%

 

349

 

$

5,845

 

3.52%

 

350

Consumer

5

 

 

77

 

16.64%

 

67

 

 

77

 

12.19%

 

81

Auto

1

 

 

22

 

6.75%

 

84

 

 

22

 

6.00%

 

48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine-Month Period Ended September 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

110

 

$

14,352

 

4.29%

 

321

 

$

14,305

 

3.57%

 

346

Commercial

3

 

 

1,176

 

4.72%

 

157

 

 

1,085

 

5.95%

 

60

Consumer

14

 

 

232

 

13.97%

 

69

 

 

233

 

10.40%

 

77

Auto

9

 

 

148

 

8.70%

 

72

 

 

148

 

9.35%

 

49

 

Quarter Ended September 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

22

 

 

2,438

 

4.98%

 

286

 

 

2,268

 

4.36%

 

285

Consumer

1

 

 

150

 

5.50%

 

12

 

 

150

 

8.00%

 

36

Consumer

2

 

 

32

 

13.68%

 

68

 

 

32

 

10.61%

 

68

Auto

29

 

 

187

 

10.63%

 

76

 

 

187

 

10.87%

 

73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine-Month Period Ended September 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

51

 

$

5,982

 

5.04%

 

327

 

$

5,736

 

4.34%

 

329

Commercial

3

 

 

581

 

6.71%

 

57

 

 

581

 

7.03%

 

135

Consumer

20

 

 

284

 

13.11%

 

67

 

 

289

 

10.63%

 

78

Auto

31

 

 

217

 

10.88%

 

74

 

 

219

 

11.02%

 

71

 

Twelve month period ended September 30,

 

2021

 

 

2020

 

Number of Contracts

 

Recorded Investment

 

 

Number of Contracts

 

Recorded Investment

 

(Dollars in thousands)

Mortgage

23

 

$

2,569

 

 

17

 

$

2,394

Commercial

-

 

$

-

 

 

1

 

$

84

Consumer

2

 

$

24

 

 

50

 

$

627

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

 

September 30, 2021

 

December 31, 2020

 

(In thousands)

Commercial loans:

 

 

 

 

 

Commercial secured by real estate

$

10,439

 

$

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

$

80,537

 

$

121,695

 

$

95,742

 

$

102,357

 

$

56,184

 

$

196,155

 

$

37,427

 

$

690,097

Special Mention

 

662

 

 

637

 

 

51,735

 

 

3,964

 

 

12,212

 

 

4,327

 

 

2,195

 

 

75,732

Substandard

 

832

 

 

10,703

 

 

57

 

 

870

 

 

8,259

 

 

20,447

 

 

1,343

 

 

42,511

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

23

 

 

744

 

 

767

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total commercial secured by real estate

 

82,031

 

 

133,035

 

 

147,534

 

 

107,191

 

 

76,655

 

 

220,952

 

 

41,709

 

 

809,107

Other commercial and industrial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

291,626

 

 

105,885

 

 

51,320

 

 

61,434

 

 

10,038

 

 

6,299

 

 

319,053

 

 

845,655

Special Mention

 

21

 

 

66

 

 

7,542

 

 

155

 

 

14

 

 

-

 

 

3,936

 

 

11,734

Substandard

 

405

 

 

21

 

 

209

 

 

421

 

 

70

 

 

26

 

 

961

 

 

2,113

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

55

 

 

55

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total other commercial and industrial:

 

292,052

 

 

105,972

 

 

59,071

 

 

62,010

 

 

10,122

 

 

6,325

 

 

324,005

 

 

859,557

US commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

83,239

 

 

61,198

 

 

47,191

 

 

55,605

 

 

-

 

 

-

 

 

130,408

 

 

377,641

Special Mention

 

-

 

 

-

 

 

1,516

 

 

26,849

 

 

-

 

 

-

 

 

-

 

 

28,365

Substandard

 

-

 

 

7,156

 

 

-

 

 

9,676

 

 

-

 

 

-

 

 

-

 

 

16,832

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total US commercial loans:

 

83,239

 

 

68,354

 

 

48,707

 

 

92,130

 

 

-

 

 

-

 

 

130,408

 

 

422,838

Total commercial loans

$

457,322

 

$

307,361

 

$

255,312

 

$

261,331

 

$

86,777

 

$

227,277

 

$

496,122

 

$

2,091,502

 

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

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

 

-

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

$

15,422

 

$

16,534

 

$

15,722

 

$

19,934

 

$

25,483

 

$

606,682

 

$

-

 

$

-

 

$

699,777

Nonperforming

 

-

 

 

126

 

 

329

 

 

315

 

 

1,890

 

 

48,952

 

 

-

 

 

-

 

 

51,612

Total mortgage loans:

 

15,422

 

 

16,660

 

 

16,051

 

 

20,249

 

 

27,373

 

 

655,634

 

 

-

 

 

-

 

 

751,389

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

106,438

 

 

63,963

 

 

77,261

 

 

36,185

 

 

15,855

 

 

9,475

 

 

-

 

 

-

 

 

309,177

Nonperforming

 

187

 

 

149

 

 

318

 

 

207

 

 

43

 

 

407

 

 

-

 

 

-

 

 

1,311

Total personal loans

 

106,625

 

 

64,112

 

 

77,579

 

 

36,392

 

 

15,898

 

 

9,882

 

 

-

 

 

-

 

 

310,488

Credit lines:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

15,361

 

 

-

 

 

15,361

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

312

 

 

-

 

 

312

Total credit lines

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

15,673

 

 

-

 

 

15,673

Credit cards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

46,715

 

 

-

 

 

46,715

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

577

 

 

-

 

 

577

Total credit cards

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

47,292

 

 

-

 

 

47,292

Overdrafts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

219

 

 

-

 

 

219

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total overdrafts

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

219

 

 

-

 

 

219

Total consumer loans

 

106,625

 

 

64,112

 

 

77,579

 

 

36,392

 

 

15,898

 

 

9,882

 

 

63,184

 

 

-

 

 

373,672

Total mortgage and consumer loans

$

122,047

 

$

80,772

 

$

93,630

 

$

56,641

 

$

43,271

 

$

665,516

 

$

63,184

 

$

-

 

$

1,125,061

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

664,941

 

$

-

 

$

-

 

$

799,383

Nonperforming

 

-

 

 

347

 

 

722

 

 

894

 

 

950

 

 

44,806

 

 

-

 

 

-

 

 

47,719

Total mortgage loans:

 

14,842

 

 

20,863

 

 

28,081

 

 

33,982

 

 

39,587

 

 

709,747

 

 

-

 

 

-

 

 

847,102

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

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

19,635

 

 

-

 

 

19,635

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

511

 

 

-

 

 

511

Total credit lines

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

20,146

 

 

-

 

 

20,146

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

 

 

76,636

 

 

-

 

 

389,893

Total mortgage and consumer loans

$

103,696

 

$

136,749

 

$

86,582

 

$

62,724

 

$

53,286

 

$

717,322

 

$

76,636

 

$

-

 

$

1,236,995

 

Term Loans

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

As of September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

2020

 

2019

 

2018

 

2017

 

Prior

 

Total

 

(In thousands)

Auto:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FICO score:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-660

 

121,947

 

 

100,243

 

 

86,861

 

 

73,485

 

 

41,998

 

 

28,836

 

 

453,370

661-699

 

99,168

 

 

80,757

 

 

53,171

 

 

36,727

 

 

19,139

 

 

13,347

 

 

302,309

700+

 

186,415

 

 

183,076

 

 

199,477

 

 

145,310

 

 

70,449

 

 

48,066

 

 

832,793

No FICO

 

25,113

 

 

14,053

 

 

18,215

 

 

11,050

 

 

6,119

 

 

4,091

 

 

78,641

Total auto:

$

432,643

 

$

378,129

 

$

357,724

 

$

266,572

 

$

137,705

 

$

94,340

 

$

1,667,113

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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