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Loan and Lease Financings (Tables)
12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Schedule of amortized cost of loans and leases, segregated by portfolio segment, credit quality rating and year of origination
The following table shows the amortized cost of loans and leases, segregated by portfolio segment, credit quality rating and year of origination as of December 31, 2021.
Term Loans and Leases by Origination Year
(Dollars in thousands)20212020201920182017PriorRevolving LoansRevolving Loans Converted to TermTotal
Commercial and agricultural
Grades 1-6$233,512 $123,947 $60,744 $55,231 $32,545 $20,184 $364,460 $— $890,623 
Grades 7-124,682 194 3,667 2,373 2,004 484 14,685 — 28,089 
Total commercial and agricultural238,194 124,141 64,411 57,604 34,549 20,668 379,145  918,712 
Solar
Grades 1-6159,244 42,073 81,593 18,979 34,889 3,780 — — $340,558 
Grades 7-12— 1,138 5,882 724 — — — — 7,744 
Total Solar159,244 43,211 87,475 19,703 34,889 3,780   348,302 
Auto and light truck
Grades 1-6331,105 122,709 72,580 24,965 11,814 901 — — 564,074 
Grades 7-1210,828 11,752 7,467 3,859 4,876 919 — — 39,701 
Total auto and light truck341,933 134,461 80,047 28,824 16,690 1,820   603,775 
Medium and heavy duty truck
Grades 1-692,252 68,354 57,967 23,210 12,419 5,265 — — 259,467 
Grades 7-12— — — — — 273 — — 273 
Total medium and heavy duty truck92,252 68,354 57,967 23,210 12,419 5,538   259,740 
Aircraft
Grades 1-6384,895 290,897 85,916 45,848 47,025 29,435 4,844 — 888,860 
Grades 7-121,141 649 — 4,670 454 2,627 — — 9,541 
Total aircraft386,036 291,546 85,916 50,518 47,479 32,062 4,844  898,401 
Construction equipment
Grades 1-6314,044 201,032 109,029 47,693 13,501 5,031 18,937 4,594 713,861 
Grades 7-1226,650 8,709 1,983 797 80 — — 2,193 40,412 
Total construction equipment340,694 209,741 111,012 48,490 13,581 5,031 18,937 6,787 754,273 
Commercial real estate
Grades 1-6230,701 150,144 146,374 141,838 126,642 112,243 391 — 908,333 
Grades 7-12218 5,921 7,159 491 6,208 1,011 — — 21,008 
Total commercial real estate230,919 156,065 153,533 142,329 132,850 113,254 391  929,341 
Residential real estate and home equity
Performing105,345 114,682 41,185 9,706 11,720 89,646 122,281 4,555 499,120 
Nonperforming— — — 13 421 655 293 88 1,470 
Total residential real estate and home equity105,345 114,682 41,185 9,719 12,141 90,301 122,574 4,643 500,590 
Consumer
Performing58,866 24,307 17,031 8,284 2,263 697 21,378 — 132,826 
Nonperforming37 107 43 30 33 — — 254 
Total consumer$58,903 $24,414 $17,074 $8,314 $2,296 $701 $21,378 $ $133,080 
The following table shows the amortized cost of loans and leases, segregated by portfolio segment, credit quality rating and year of origination as of December 31, 2020.
Term Loans and Leases by Origination Year
(Dollars in thousands)20202019201820172016PriorRevolving LoansRevolving Loans Converted to TermTotal
Commercial and agricultural
Grades 1-6$525,816 $103,120 $114,251 $56,007 $22,023 $19,790 $291,990 $— $1,132,997 
Grades 7-126,788 1,699 4,726 3,507 1,200 2,134 33,067 — 53,121 
Total commercial and agricultural532,604 104,819 118,977 59,514 23,223 21,924 325,057  1,186,118 
Solar
Grades 1-6141,089 90,435 20,160 36,909 4,011 — — — $292,604 
Grades 7-12— — — — — — — — — 
Total Solar141,089 90,435 20,160 36,909 4,011    292,604 
Auto and light truck
Grades 1-6248,932 141,841 52,749 24,101 4,210 608 — — 472,441 
Grades 7-1219,113 27,136 12,796 8,612 2,250 21 — — 69,928 
Total auto and light truck268,045 168,977 65,545 32,713 6,460 629   542,369 
Medium and heavy duty truck
Grades 1-692,698 88,314 44,205 31,773 15,644 4,840 — — 277,474 
Grades 7-12— 978 — — 632 88 — — 1,698 
Total medium and heavy duty truck92,698 89,292 44,205 31,773 16,276 4,928   279,172 
Aircraft
Grades 1-6429,283 153,358 93,042 95,457 43,972 20,966 6,370 — 842,448 
Grades 7-1211,519 2,561 479 596 2,187 1,670 — — 19,012 
Total aircraft440,802 155,919 93,521 96,053 46,159 22,636 6,370  861,460 
Construction equipment
Grades 1-6311,174 180,550 96,320 42,713 12,624 5,722 17,502 737 667,342 
Grades 7-1217,518 13,743 10,642 398 237 85 2,988 1,935 47,546 
Total construction equipment328,692 194,293 106,962 43,111 12,861 5,807 20,490 2,672 714,888 
Commercial real estate
Grades 1-6190,725 204,477 173,847 175,009 69,022 122,762 373 — 936,215 
Grades 7-129,518 7,990 5,173 6,684 1,762 2,522 — — 33,649 
Total commercial real estate200,243 212,467 179,020 181,693 70,784 125,284 373  969,864 
Residential real estate and home equity
Performing133,829 65,690 18,194 22,929 41,847 86,106 135,255 5,703 509,553 
Nonperforming— — 21 14 — 1,435 247 109 1,826 
Total residential real estate and home equity133,829 65,690 18,215 22,943 41,847 87,541 135,502 5,812 511,379 
Consumer
Performing43,824 34,409 18,904 7,005 2,259 793 23,869 — 131,063 
Nonperforming99 78 36 159 — 384 
Total consumer$43,826 $34,508 $18,982 $7,041 $2,267 $795 $24,028 $ $131,447 
Schedule of amortized cost of loans and leases, segregated by portfolio segment, with delinquency aging and nonaccrual status
The following table shows the amortized cost of loans and leases, segregated by portfolio segment, with delinquency aging and nonaccrual status.
(Dollars in thousands) Current30-59 Days Past Due60-89 Days Past Due90 Days or More Past Due and AccruingTotal Accruing LoansNonaccrualTotal Financing Receivables
December 31, 2021       
Commercial and agricultural$916,659 $ $ $ $916,659 $2,053 $918,712 
Solar348,302    348,302  348,302 
Auto and light truck579,605    579,605 24,170 603,775 
Medium and heavy duty truck259,467    259,467 273 259,740 
Aircraft894,092 1,130 2,530  897,752 649 898,401 
Construction equipment745,870 1,313   747,183 7,090 754,273 
Commercial real estate926,345    926,345 2,996 929,341 
Residential real estate and home equity498,854 212 54 245 499,365 1,225 500,590 
Consumer132,464 332 30 4 132,830 250 133,080 
Total$5,301,658 $2,987 $2,614 $249 $5,307,508 $38,706 $5,346,214 
December 31, 2020       
Commercial and agricultural$1,180,151 $34 $— $— $1,180,185 $5,933 $1,186,118 
Solar292,604 — — — 292,604 — 292,604 
Auto and light truck504,659 560 205 — 505,424 36,945 542,369 
Medium and heavy duty truck278,452 — — — 278,452 720 279,172 
Aircraft860,632 — — — 860,632 828 861,460 
Construction equipment701,124 1,093 298 — 702,515 12,373 714,888 
Commercial real estate968,370 — — — 968,370 1,494 969,864 
Residential real estate and home equity
508,532 782 239 108 509,661 1,718 511,379 
Consumer130,458 504 101 131,070 377 131,447 
Total$5,424,982 $2,973 $843 $115 $5,428,913 $60,388 $5,489,301 
Schedule of average recorded investment and interest income recognized on impaired loans and leases, segregated by class
The following table shows average recorded investment and interest income recognized on impaired loans and leases, segregated by portfolio segment, for the year ending December 31, 2019.
 2019
(Dollars in thousands) Average
Recorded
Investment
Interest
Income
Commercial and agricultural$5,983 $242 
Auto and light truck2,721 — 
Medium and heavy duty truck244 — 
Aircraft2,409 
Construction equipment1,664 — 
Commercial real estate1,715 — 
Residential real estate and home equity340 19 
Consumer loans— — 
Total$15,076 $269 
Schedule of loans and leases classified as troubled debt restructuring and number of modifications
The following table shows the number of loans and leases classified as troubled debt restructuring (TDR) during 2021, 2020 and 2019, by portfolio segment, as well as the recorded investment as of December 31. The classification between nonperforming and performing is shown at the time of modification. Modification programs focused on extending maturity dates or modifying payment patterns with most TDRs experiencing a combination of concessions. The modifications did not result in the contractual forgiveness of principal or interest. The TDRs during 2020 were the result of issues that predated the COVID-19 pandemic. There was one modification during 2021, two modification during 2020, and one modification during 2019 that resulted in an interest rate reduction below market rate. Consequently, the financial impact of the modifications was immaterial.
 202120202019
(Dollars in thousands)Number of ModificationsRecorded InvestmentNumber of ModificationsRecorded InvestmentNumber of ModificationsRecorded Investment
Performing TDRs:    
Commercial and agricultural $ — $— $9,901 
Solar  — — — — 
Auto and light truck  — — — — 
Medium and heavy duty truck  — — — — 
Aircraft  — — — — 
Construction equipment  — — — — 
Commercial real estate  — — — — 
Residential real estate and home equity  — — — — 
Consumer  — — — — 
Total performing TDR modifications  — — 9,901 
Nonperforming TDRs:    
Commercial and agricultural  — — 465 
Solar  — — — — 
Auto and light truck  — — — — 
Medium and heavy duty truck  — — — — 
Aircraft  828 — — 
Construction equipment1 5,729 9,905 — — 
Commercial real estate  — — — — 
Residential real estate and home equity  — — — — 
Consumer  — — — — 
Total nonperforming TDR modifications1 5,729 10,733 465 
Total TDR modifications1 $5,729 $10,733 $10,366 
Schedule of recorded investment in loans and leases classified as troubled debt restructuring
The following table shows the recorded investment of loans and leases classified as troubled debt restructurings as of December 31.
Year Ended December 31 (Dollars in thousands)
20212020
Performing TDRs$319 $330 
Nonperforming TDRs6,742 11,156 
Total TDRs$7,061 $11,486