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Loans and Allowance for Credit Losses (Tables) | 9 Months Ended
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Sep. 30, 2025
Receivables [Abstract] |
Schedule of Composition of Loans | The following table summarizes the composition of originated and acquired loans as of the dates presented:
(dollars in thousands) | September 30, 2025 |  | December 31, 2024
Commercial real estate | $ | 2,950,110 |  |  | $ | 2,708,531 |
Commercial and industrial | 1,275,985 |  |  | 1,351,637 |
Commercial construction | 307,012 |  |  | 341,266 |
Business banking | 1,316,346 |  |  | 1,303,258 |
Consumer real estate | 2,028,954 |  |  | 1,933,509 |
Other consumer | 102,600 |  |  | 104,757 |
Total Loans(1) | $ | 7,981,007 |  |  | $ | 7,742,958 |
(1) Excludes interest receivable of $32.9 million at September 30, 2025 and $32.7 million at December 31, 2024. Interest receivable is included in other assets in the Consolidated Balance Sheets.
Summary of Restructured Loans for Periods Presented | The following tables present the amortized cost of loans to borrowers experiencing financial difficulty by portfolio segment and type of modification during the periods presented:
| Three Months Ended September 30, 2025
(dollars in thousands) | Term Extension |  |  |  |  |  | Total | % of Portfolio Segment
Commercial real estate | $ | 14,574 |  |  |  |  |  |  | $ | 14,574 |  | 0.49 | %
Commercial and industrial | 14,320 |  |  |  |  |  |  | 14,320 |  | 1.12 | %
Total | $ | 28,894 |  |  |  |  |  |  | $ | 28,894 |  | 0.36 | %
| Three Months Ended September 30, 2024
(dollars in thousands) | Term Extension |  |  |  |  |  | Total | % of Portfolio Segment
Commercial real estate | $ | 12,482 |  |  |  |  |  |  | $ | 12,482 |  | 0.47 | %
Consumer real estate | 223 |  |  |  |  |  |  | 223 |  | 0.01 | %
Total | $ | 12,705 |  |  |  |  |  |  | $ | 12,705 |  | 0.17 | %
| Nine Months Ended September 30, 2025
(dollars in thousands) | Term Extension |  |  | Payment Delays (Other Than Insignificant) |  | Term Extension and Payment Delays | Total | % of Portfolio Segment
Commercial real estate | $ | 14,574 |  |  |  | — |  |  | $ | — |  | $ | 14,574 |  | 0.49 | %
Commercial and industrial | 22,097 |  |  |  | — |  |  | 1,992 |  | 24,089 |  | 1.89 | %
Consumer real estate | 273 |  |  |  | — |  |  | — |  | 273 |  | 0.01 | %
Total | $ | 36,944 |  |  |  | $ | — |  |  | $ | 1,992 |  | $ | 38,936 |  | 0.49 | %
| Nine Months Ended September 30, 2024
(dollars in thousands) | Term Extension |  |  | Payment Delays (Other Than Insignificant) |  | Term Extension and Interest Rate Reduction | Total | % of Portfolio Segment
Commercial real estate | $ | 12,482 |  |  |  | $ | — |  |  | $ | — |  | $ | 12,482 |  | 0.47 | %
Commercial and industrial | 9,499 |  |  |  | 12,340 |  |  | — |  | 21,839 |  | 1.60 | %
Consumer real estate | 330 |  |  |  | — |  |  | — |  | 330 |  | 0.02 | %
Total | $ | 22,311 |  |  |  | $ | 12,340 |  |  | $ | — |  | $ | 34,651 |  | 0.45 | %
The following tables describe the effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:
|  |  | Three Months Ended September 30, 2025 |  |  | Nine Months Ended September 30, 2025
|  |  | Weighted-Average Term Extension (in months) |  |  |  | Weighted-Average Payment Deferral (in months) |  |  |  |  |  | Weighted-Average Term Extension (in months) |  |  |  | Weighted-Average Payment Delays (in months) |  |  |
Commercial real estate |  |  | 3 |  |  |  | — |  |  |  |  |  | 3 |  |  |  | — |  |  |
Commercial and industrial |  |  | 18 |  |  |  | — |  |  |  |  |  | 14 |  |  |  | 13 |  |  |
Consumer real estate |  |  | — |  |  |  | — |  |  |  |  |  | 121 |  |  |  | — |  |  |
|  | Three Months Ended September 30, 2024 |  | Nine Months Ended September 30, 2024
|  | Weighted-Average Term Extension (in Months) |  |  |  | Weighted-Average Payment Deferral (in Months) |  |  |  | Weighted-Average Term Extension (in Months) |  |  |  | Weighted-Average Payment Deferral (in Months) |  |
Commercial real estate |  |  | 3 |  |  |  |  | — |  |  |  |  | 3 |  |  |  |  | — |  |
Commercial and industrial |  |  | — |  |  |  |  | — |  |  |  |  | 11 |  |  |  |  | 6 |  |
Consumer real estate |  |  | 99 |  |  |  |  | — |  |  |  |  | 89 |  |  |  |  | — |  |
Summary of Aging Analysis of Modifications | The following tables present an aging analysis since the date of modification for loans to borrowers experiencing financial difficulty that were modified in the last 12 months as of the dates presented:
| September 30, 2025
(dollars in thousands) | Current |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total
Commercial real estate | $ | 470 |  |  | $ | 14,574 |  |  | $ | — |  |  | $ | — |  |  | $ | 15,044 |
Commercial and industrial | 20,607 |  |  | 3,482 |  |  | — |  |  | — |  |  | 24,089 |
Consumer real estate | 184 |  |  | — |  |  | — |  |  | 246 |  |  | 430 |
Total | $ | 21,261 |  |  | $ | 18,056 |  |  | $ | — |  |  | $ | 246 |  |  | $ | 39,563 |
| September 30, 2024
(dollars in thousands) | Current |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  |  |  | Total
Commercial real estate | $ | 12,482 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 12,482 |
Commercial and industrial | 14,364 |  |  | 7,475 |  |  | — |  |  | — |  |  |  |  | 21,839 |
Business banking | 107 |  |  | — |  |  | — |  |  | — |  |  |  |  | 107 |
Consumer real estate | 223 |  |  | — |  |  | — |  |  | 107 |  |  |  |  | 330 |
Total | $ | 27,176 |  |  | $ | 7,475 |  |  | $ | — |  |  | $ | 107 |  |  |  |  | $ | 34,758 |
Schedule of Loans Credit Quality Indicators | The following tables present loan balances by year of origination and internally assigned risk rating for our portfolio segments as of the dates presented:
| September 30, 2025
| Risk Rating by Year of Origination
(dollars in thousands) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 and Prior | Revolving | Revolving-Term | Total
Commercial Real Estate |  |  |  |  |  |  |  |  |
Pass | $ | 357,915 |  | $ | 313,154 |  | $ | 342,656 |  | $ | 354,445 |  | $ | 362,198 |  | $ | 1,069,815 |  | $ | 41,678 |  | $ | — |  | $ | 2,841,861 |
Special mention | — |  | 305 |  | 50 |  | 4,856 |  | 1,801 |  | 54,348 |  | 255 |  | — |  | 61,615 |
Substandard | — |  | — |  | 3,914 |  | 12,880 |  | 7,027 |  | 20,148 |  | — |  | — |  | 43,969 |
Doubtful | — |  | — |  | — |  | 2,665 |  | — |  | — |  | — |  | — |  | 2,665 |
Total Commercial Real Estate | 357,915 |  | 313,459 |  | 346,620 |  | 374,846 |  | 371,026 |  | 1,144,311 |  | 41,933 |  | — |  | 2,950,110 |
Year-to-date Gross Charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Commercial and Industrial |  |  |  |  |  |  |  |  |
Pass | 99,681 |  | 100,997 |  | 117,316 |  | 156,876 |  | 84,173 |  | 162,396 |  | 470,903 |  | — |  | 1,192,342 |
Special mention | — |  | — |  | 215 |  | 1,646 |  | 6 |  | 13,184 |  | 7,068 |  | — |  | 22,119 |
Substandard | — |  | 515 |  | 3,529 |  | — |  | 18,771 |  | 6,006 |  | 32,703 |  | — |  | 61,524 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Commercial and Industrial | 99,681 |  | 101,512 |  | 121,060 |  | 158,522 |  | 102,950 |  | 181,586 |  | 510,674 |  | — |  | 1,275,985 |
Year-to-date Gross Charge-offs | 256 |  | — |  | 76 |  | 172 |  | — |  | — |  | 1,895 |  | — |  | 2,399 |
Commercial Construction |  |  |  |  |  |  |  |  |
Pass | 117,262 |  | 107,854 |  | 51,523 |  | 18,783 |  | 2,535 |  | 1,315 |  | 6,871 |  | — |  | 306,143 |
Special mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | 869 |  | — |  | — |  | — |  | — |  | — |  | — |  | 869 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Commercial Construction | 117,262 |  | 108,723 |  | 51,523 |  | 18,783 |  | 2,535 |  | 1,315 |  | 6,871 |  | — |  | 307,012 |
Year-to-date Gross Charge-offs | — |  | — |  | — |  | 119 |  | — |  | — |  | — |  | — |  | 119 |
Business Banking |  |  |  |  |  |  |  |  |
Pass | 144,317 |  | 133,243 |  | 210,066 |  | 204,442 |  | 161,253 |  | 347,258 |  | 93,749 |  | 476 |  | 1,294,804 |
Special mention | — |  | 382 |  | — |  | 950 |  | 142 |  | 3,476 |  | 32 |  | 161 |  | 5,143 |
Substandard | — |  | — |  | 2,513 |  | 1,415 |  | 4,292 |  | 7,553 |  | 158 |  | 468 |  | 16,399 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Business Banking | 144,317 |  | 133,625 |  | 212,579 |  | 206,807 |  | 165,687 |  | 358,287 |  | 93,939 |  | 1,105 |  | 1,316,346 |
Year-to-date Gross Charge-offs | — |  | 19 |  | 132 |  | 1 |  | 69 |  | 563 |  | — |  | — |  | 784 |
Consumer Real Estate |  |  |  |  |  |  |  |  |
Pass | 126,397 |  | 224,633 |  | 306,271 |  | 311,404 |  | 121,309 |  | 285,827 |  | 609,935 |  | 31,622 |  | 2,017,398 |
Special mention | — |  | — |  | — |  | — |  | — |  | 88 |  | — |  | — |  | 88 |
Substandard | — |  | 264 |  | 1,315 |  | 419 |  | 188 |  | 4,729 |  | 1,794 |  | 2,759 |  | 11,468 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Consumer Real Estate | 126,397 |  | 224,897 |  | 307,586 |  | 311,823 |  | 121,497 |  | 290,644 |  | 611,729 |  | 34,381 |  | 2,028,954 |
Year-to-date Gross Charge-offs | — |  | 35 |  | 100 |  | 2 |  | — |  | 83 |  | 31 |  | 521 |  | 772 |
Other Consumer |  |  |  |  |  |  |  |  |
Pass | 5,703 |  | 5,870 |  | 4,517 |  | 4,597 |  | 1,501 |  | 1,183 |  | 71,403 |  | 7,628 |  | 102,402 |
Special mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | — |  | 15 |  | — |  | 12 |  | 146 |  | — |  | 25 |  | 198 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Other Consumer | 5,703 |  | 5,870 |  | 4,532 |  | 4,597 |  | 1,513 |  | 1,329 |  | 71,403 |  | 7,653 |  | 102,600 |
Year-to-date Gross Charge-offs | 696 |  | 8 |  | 28 |  | 60 |  | 19 |  | 55 |  | — |  | 653 |  | 1,519 |
Pass | 851,275 |  | 885,751 |  | 1,032,349 |  | 1,050,547 |  | 732,969 |  | 1,867,794 |  | 1,294,539 |  | 39,726 |  | 7,754,950 |
Special mention | — |  | 687 |  | 265 |  | 7,452 |  | 1,949 |  | 71,096 |  | 7,355 |  | 161 |  | 88,965 |
Substandard | — |  | 1,648 |  | 11,286 |  | 14,714 |  | 30,290 |  | 38,582 |  | 34,655 |  | 3,252 |  | 134,427 |
Doubtful | — |  | — |  | — |  | 2,665 |  | — |  | — |  | — |  | — |  | 2,665 |
Total Loan Balance | $ | 851,275 |  | $ | 888,086 |  | $ | 1,043,900 |  | $ | 1,075,378 |  | $ | 765,208 |  | $ | 1,977,472 |  | $ | 1,336,549 |  | $ | 43,139 |  | $ | 7,981,007 |
Year-to-date Gross Charge-offs | $ | 952 |  | $ | 62 |  | $ | 336 |  | $ | 354 |  | $ | 88 |  | $ | 701 |  | $ | 1,926 |  | $ | 1,174 |  | $ | 5,593 |
| December 31, 2024
| Risk Rating by Year of Origination
(dollars in thousands) | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 and Prior | Revolving | Revolving-Term | Total
Commercial Real Estate |  |  |  |  |  |  |  |  |
Pass | $ | 278,187 |  | $ | 287,081 |  | $ | 362,174 |  | $ | 413,781 |  | $ | 213,384 |  | $ | 1,040,703 |  | $ | 35,737 |  | $ | — |  | $ | 2,631,047 |
Special mention | — |  | 2,000 |  | 370 |  | 1,840 |  | — |  | 46,104 |  | 254 |  | — |  | 50,568 |
Substandard | — |  | — |  | 985 |  | — |  | 1,834 |  | 23,683 |  | — |  | — |  | 26,502 |
Doubtful | — |  | — |  | — |  | — |  | 414 |  | — |  | — |  | — |  | 414 |
Total Commercial Real Estate | 278,187 |  | 289,081 |  | 363,529 |  | 415,621 |  | 215,632 |  | 1,110,490 |  | 35,991 |  | — |  | 2,708,531 |
Year-to-date Gross Charge-offs | — |  | — |  | — |  | — |  | — |  | 5,205 |  | — |  | — |  | 5,205 |
Commercial and Industrial |  |  |  |  |  |  |  |  |
Pass | 119,580 |  | 147,007 |  | 194,363 |  | 131,877 |  | 30,093 |  | 175,359 |  | 466,640 |  | — |  | 1,264,919 |
Special mention | — |  | 20 |  | 1,221 |  | 142 |  | 10 |  | 14,896 |  | 11,033 |  | — |  | 27,322 |
Substandard | 563 |  | 1,073 |  | 172 |  | 20,586 |  | 740 |  | 7,171 |  | 25,355 |  | — |  | 55,660 |
Doubtful | — |  | — |  | — |  | 366 |  | 469 |  | — |  | 2,901 |  | — |  | 3,736 |
Total Commercial and Industrial | 120,143 |  | 148,100 |  | 195,756 |  | 152,971 |  | 31,312 |  | 197,426 |  | 505,929 |  | — |  | 1,351,637 |
Year-to-date Gross Charge-offs | — |  | 78 |  | — |  | 1,235 |  | — |  | 91 |  | 1,032 |  | — |  | 2,436 |
Commercial Construction |  |  |  |  |  |  |  |  |
Pass | 119,355 |  | 121,816 |  | 57,853 |  | 14,911 |  | 884 |  | 2,139 |  | 8,310 |  | — |  | 325,268 |
Special mention | — |  | — |  | 15,998 |  | — |  | — |  | — |  | — |  | — |  | 15,998 |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Commercial Construction | 119,355 |  | 121,816 |  | 73,851 |  | 14,911 |  | 884 |  | 2,139 |  | 8,310 |  | — |  | 341,266 |
Year-to-date Gross Charge-offs | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Business Banking |  |  |  |  |  |  |  |  |
Pass | 149,603 |  | 230,784 |  | 225,318 |  | 173,763 |  | 76,087 |  | 332,707 |  | 92,756 |  | 597 |  | 1,281,615 |
Special mention | — |  | — |  | 49 |  | 130 |  | 147 |  | 4,302 |  | 35 |  | 268 |  | 4,931 |
Substandard | 21 |  | 2,257 |  | 1,287 |  | 3,790 |  | 409 |  | 8,318 |  | 190 |  | 440 |  | 16,712 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Business Banking | 149,624 |  | 233,041 |  | 226,654 |  | 177,683 |  | 76,643 |  | 345,327 |  | 92,981 |  | 1,305 |  | 1,303,258 |
Year-to-date Gross Charge-offs | — |  | 79 |  | 124 |  | — |  | 56 |  | 1,486 |  | — |  | — |  | 1,745 |
Consumer Real Estate |  |  |  |  |  |  |  |  |
Pass | 217,250 |  | 334,532 |  | 324,346 |  | 133,155 |  | 95,301 |  | 223,799 |  | 569,386 |  | 24,940 |  | 1,922,709 |
Special mention | — |  | — |  | — |  | — |  | — |  | 99 |  | — |  | — |  | 99 |
Substandard | — |  | 1,231 |  | 43 |  | 192 |  | 203 |  | 5,564 |  | 1,172 |  | 2,296 |  | 10,701 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Consumer Real Estate | 217,250 |  | 335,763 |  | 324,389 |  | 133,347 |  | 95,504 |  | 229,462 |  | 570,558 |  | 27,236 |  | 1,933,509 |
Year-to-date Gross Charge-offs | — |  | — |  | — |  | — |  | 9 |  | 37 |  | 86 |  | 1,216 |  | 1,348 |
Other Consumer |  |  |  |  |  |  |  |  |
Pass | 8,456 |  | 6,849 |  | 7,349 |  | 3,228 |  | 1,758 |  | 468 |  | 71,039 |  | 5,425 |  | 104,572 |
Special mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | — |  | — |  | 21 |  | 10 |  | 150 |  | — |  | 4 |  | 185 |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total Other Consumer | 8,456 |  | 6,849 |  | 7,349 |  | 3,249 |  | 1,768 |  | 618 |  | 71,039 |  | 5,429 |  | 104,757 |
Year-to-date Gross Charge-offs | 839 |  | 34 |  | 164 |  | 103 |  | 26 |  | 18 |  | — |  | 270 |  | 1,454 |
Pass | 892,431 |  | 1,128,069 |  | 1,171,403 |  | 870,715 |  | 417,507 |  | 1,775,175 |  | 1,243,868 |  | 30,962 |  | 7,530,130 |
Special mention | — |  | 2,020 |  | 17,638 |  | 2,112 |  | 157 |  | 65,401 |  | 11,322 |  | 268 |  | 98,918 |
Substandard | 584 |  | 4,561 |  | 2,487 |  | 24,589 |  | 3,196 |  | 44,886 |  | 26,717 |  | 2,740 |  | 109,760 |
Doubtful | — |  | — |  | — |  | 366 |  | 883 |  | — |  | 2,901 |  | — |  | 4,150 |
Total Loan Balance | $ | 893,015 |  | $ | 1,134,650 |  | $ | 1,191,528 |  | $ | 897,782 |  | $ | 421,743 |  | $ | 1,885,462 |  | $ | 1,284,808 |  | $ | 33,970 |  | $ | 7,742,958 |
Year-to-date Gross Charge-offs | $ | 839 |  | $ | 191 |  | $ | 288 |  | $ | 1,338 |  | $ | 91 |  | $ | 6,837 |  | $ | 1,118 |  | $ | 1,486 |  | $ | 12,188 |
The following tables present loans that are individually evaluated and collateral-dependent as of the dates presented:
| September 30, 2025
| Type of Collateral
(dollars in thousands) | Real Estate |  | Business Assets |  |  | Other
Commercial real estate | $ | 25,388 |  | $ | — |  |  | $ | —
Commercial and industrial | — |  | 3,864 |  |  | 5,000
Total | $ | 25,388 |  | $ | 3,864 |  |  | $ | 5,000
| December 31, 2024
| Type of Collateral
(dollars in thousands) | Real Estate |  | Business Assets |  |  |
Commercial real estate | $ | 2,028 |  | $ | — |  |  |
Commercial and industrial | — |  | 9,937 |  |  |
Total | $ | 2,028 |  | $ | 9,937 |  |  |
Schedule of Age Analysis of Past Due Loans Segregated by Class of Loans | The following tables present the aging analysis of past due loans segregated by class of loans as of the dates presented:
| September 30, 2025
(dollars in thousands) | Current |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  |  |  |  |  | Nonaccrual |  | Total Past Due Loans |  | Total Loans
Commercial real estate | $ | 2,915,311 |  |  | $ | 9,151 |  |  | $ | — |  |  |  |  |  |  | $ | 25,648 |  |  | $ | 34,799 |  |  | $ | 2,950,110 |
Commercial and industrial | 1,251,241 |  |  | 15,765 |  |  | — |  |  |  |  |  |  | 8,979 |  |  | 24,744 |  |  | 1,275,985 |
Commercial construction | 306,143 |  |  | — |  |  | — |  |  |  |  |  |  | 869 |  |  | 869 |  |  | 307,012 |
Business banking | 1,309,315 |  |  | 2,358 |  |  | 527 |  |  |  |  |  |  | 4,146 |  |  | 7,031 |  |  | 1,316,346 |
Consumer real estate | 2,013,275 |  |  | 2,763 |  |  | 3,104 |  |  |  |  |  |  | 9,812 |  |  | 15,679 |  |  | 2,028,954 |
Other consumer | 101,957 |  |  | 120 |  |  | 359 |  |  |  |  |  |  | 164 |  |  | 643 |  |  | 102,600 |
Total | $ | 7,897,242 |  |  | $ | 30,157 |  |  | $ | 3,990 |  |  |  |  |  |  | $ | 49,618 |  |  | $ | 83,765 |  |  | $ | 7,981,007 |
| December 31, 2024 |  |
(dollars in thousands) | Current |  | 30-59 Days Past Due |  | 60-89 Days Past Due |  |  |  | Nonaccrual |  | Total Past Due Loans |  | Total Loans |  |
Commercial real estate | $ | 2,705,303 |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 3,228 |  |  | $ | 3,228 |  |  | $ | 2,708,531 |  |  |
Commercial and industrial | 1,338,053 |  |  | 415 |  |  | 1,996 |  |  |  |  | 11,173 |  |  | 13,584 |  |  | 1,351,637 |  |  |
Commercial construction | 340,230 |  |  | — |  |  | 1,036 |  |  |  |  | — |  |  | 1,036 |  |  | 341,266 |  |  |
Business banking | 1,297,651 |  |  | 2,336 |  |  | 283 |  |  |  |  | 2,988 |  |  | 5,607 |  |  | 1,303,258 |  |  |
Consumer real estate | 1,918,150 |  |  | 2,464 |  |  | 2,577 |  |  |  |  | 10,318 |  |  | 15,359 |  |  | 1,933,509 |  |  |
Other consumer | 104,156 |  |  | 216 |  |  | 155 |  |  |  |  | 230 |  |  | 601 |  |  | 104,757 |  |  |
Total | $ | 7,703,543 |  |  | $ | 5,431 |  |  | $ | 6,047 |  |  |  |  | $ | 27,937 |  |  | $ | 39,415 |  |  | $ | 7,742,958 |  |  |
Schedule of Allowance for Credit Loss | The following tables present activity in the ACL for the periods presented:
| Three Months Ended September 30, 2025
(dollars in thousands) | Commercial Real Estate |  | Commercial and Industrial |  | Commercial Construction |  | Business Banking |  | Consumer Real Estate |  | Other Consumer |  | Total Loans
Allowance for credit losses on loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 30,335 |  |  | $ | 32,080 |  |  | $ | 6,468 |  |  | $ | 11,461 |  |  | $ | 15,527 |  |  | $ | 2,709 |  |  | $ | 98,580 |
Provision for credit losses on loans(1) | 3,053 |  |  | 376 |  |  | (2,161) |  |  | 87 |  |  | 415 |  |  | 219 |  |  | 1,989 |
Charge-offs | — |  |  | (1,971) |  |  | — |  |  | (462) |  |  | (220) |  |  | (400) |  |  | (3,053) |
Recoveries | — |  |  | 146 |  |  | 9 |  |  | 49 |  |  | 170 |  |  | 265 |  |  | 639 |
Net (Charge-offs) Recoveries | — |  |  | (1,825) |  |  | 9 |  |  | (413) |  |  | (50) |  |  | (135) |  |  | (2,414) |
Balance at End of Period | $ | 33,388 |  |  | $ | 30,631 |  |  | $ | 4,316 |  |  | $ | 11,135 |  |  | $ | 15,892 |  |  | $ | 2,793 |  |  | $ | 98,155 |
(1) Excludes the provision for credits losses for unfunded commitments. |  |  |  |  |  |  |  |  |  |
| Three Months Ended September 30, 2024
(dollars in thousands) | Commercial Real Estate |  | Commercial and Industrial |  | Commercial Construction |  | Business Banking |  | Consumer Real Estate |  | Other Consumer |  | Total Loans
Allowance for credit losses on loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 37,077 |  |  | $ | 34,735 |  |  | $ | 5,347 |  |  | $ | 10,883 |  |  | $ | 15,376 |  |  | $ | 2,732 |  |  | $ | 106,150 |
Provision for credit losses on loans(1) | (1,441) |  |  | 2,184 |  |  | (945) |  |  | 252 |  |  | 46 |  |  | 212 |  |  | 308 |
Charge-offs | — |  |  | (1,308) |  |  | — |  |  | (179) |  |  | (616) |  |  | (337) |  |  | (2,440) |
Recoveries | 1 |  |  | 113 |  |  | — |  |  | 73 |  |  | 40 |  |  | 76 |  |  | 303 |
Net (Charge-offs) Recoveries | 1 |  |  | (1,195) |  |  | — |  |  | (106) |  |  | (576) |  |  | (261) |  |  | (2,137) |
Balance at End of Period | $ | 35,637 |  |  | $ | 35,724 |  |  | $ | 4,402 |  |  | $ | 11,029 |  |  | $ | 14,846 |  |  | $ | 2,683 |  |  | $ | 104,321 |
(1) Excludes the provision for credit losses for unfunded commitments. |  |  |  |  |  |  |  |  |  |
| Nine Months Ended September 30, 2025
(dollars in thousands) | Commercial Real Estate |  | Commercial and Industrial |  | Commercial Construction |  | Business Banking |  | Consumer Real Estate |  | Other Consumer |  | Total Loans
Allowance for credit losses on loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 30,254 |  |  | $ | 37,084 |  |  | $ | 4,893 |  |  | $ | 10,681 |  |  | $ | 15,776 |  |  | $ | 2,806 |  |  | $ | 101,494 |
Provision for credit losses on loans(1) | 2,999 |  |  | (4,424) |  |  | (467) |  |  | 1,124 |  |  | 368 |  |  | 606 |  |  | 206 |
Charge-offs | — |  |  | (2,399) |  |  | (119) |  |  | (784) |  |  | (772) |  |  | (1,519) |  |  | (5,593) |
Recoveries | 135 |  |  | 370 |  |  | 9 |  |  | 114 |  |  | 520 |  |  | 900 |  |  | 2,048 |
Net (Charge-offs) Recoveries | 135 |  |  | (2,029) |  |  | (110) |  |  | (670) |  |  | (252) |  |  | (619) |  |  | (3,545) |
Balance at End of Period | $ | 33,388 |  |  | $ | 30,631 |  |  | $ | 4,316 |  |  | $ | 11,135 |  |  | $ | 15,892 |  |  | $ | 2,793 |  |  | $ | 98,155 |
(1) Excludes the provision for credits losses for unfunded commitments. |  |  |  |  |  |  |  |  |  |
| Nine Months Ended September 30, 2024
(dollars in thousands) | Commercial Real Estate |  | Commercial and Industrial |  | Commercial Construction |  | Business Banking |  | Consumer Real Estate |  | Other Consumer |  | Total Loans
Allowance for credit losses on loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 37,886 |  |  | $ | 34,538 |  |  | $ | 5,382 |  |  | $ | 12,858 |  |  | $ | 14,663 |  |  | $ | 2,639 |  |  | $ | 107,966 |
Provision for credit losses on loans(1) | 2,498 |  |  | 2,715 |  |  | (980) |  |  | (1,610) |  |  | 1,136 |  |  | 934 |  |  | 4,693 |
Charge-offs | (5,205) |  |  | (2,436) |  |  | — |  |  | (373) |  |  | (1,087) |  |  | (1,122) |  |  | (10,223) |
Recoveries | 458 |  |  | 907 |  |  | — |  |  | 154 |  |  | 134 |  |  | 232 |  |  | 1,885 |
Net Charge-offs | (4,747) |  |  | (1,529) |  |  | — |  |  | (219) |  |  | (953) |  |  | (890) |  |  | (8,338) |
Balance at End of Period | $ | 35,637 |  |  | $ | 35,724 |  |  | $ | 4,402 |  |  | $ | 11,029 |  |  | $ | 14,846 |  |  | $ | 2,683 |  |  | $ | 104,321 |
(1) Excludes the provision for credits losses for unfunded commitments. |  |  |  |  |  |  |  |  |  |
Schedule of Loans on Nonaccrual Status and Loans Past Due 90 days Or More | The following tables present loans on nonaccrual status by class of loan for the year-to-date periods presented:
| September 30, 2025 |  |
(dollars in thousands) | Beginning of Period Nonaccrual |  | End of Period Nonaccrual |  | Nonaccrual With No Related Allowance |  |  |  |  |  | Interest Income Recognized on Nonaccrual(1) |  |
Commercial real estate | $ | 3,228 |  |  | $ | 25,648 |  |  | $ | 10,814 |  |  |  |  |  |  | $ | 92 |  |  |
Commercial and industrial | 11,173 |  |  | 8,979 |  |  | 8,864 |  |  |  |  |  |  | 115 |  |  |
Commercial construction | — |  |  | 869 |  |  | — |  |  |  |  |  |  | 25 |  |  |
Business banking | 2,988 |  |  | 4,146 |  |  | — |  |  |  |  |  |  | 146 |  |  |
Consumer real estate | 10,318 |  |  | 9,812 |  |  | — |  |  |  |  |  |  | 443 |  |  |
Other consumer | 230 |  |  | 164 |  |  | — |  |  |  |  |  |  | 3 |  |  |
Total | $ | 27,937 |  |  | $ | 49,618 |  |  | $ | 19,678 |  |  |  |  |  |  | $ | 824 |  |  |
(1) Represents only cash payments received and applied to interest on nonaccrual loans.
| December 31, 2024
(dollars in thousands) | Beginning of Period Nonaccrual |  | End of Period Nonaccrual |  | Nonaccrual With No Related Allowance |  |  |  | Interest Income Recognized on Nonaccrual(1)
Commercial real estate | $ | 6,320 |  |  | $ | 3,228 |  |  | $ | 984 |  |  |  |  | $ | 116 |
Commercial and industrial | 878 |  |  | 11,173 |  |  | 311 |  |  |  |  | 85 |
Commercial construction | 4,960 |  |  | — |  |  | — |  |  |  |  | 700 |
Business banking | 4,147 |  |  | 2,988 |  |  | — |  |  |  |  | 93 |
Consumer real estate | 6,312 |  |  | 10,318 |  |  | — |  |  |  |  | 392 |
Other consumer | 330 |  |  | 230 |  |  | — |  |  |  |  | 3 |
Total | $ | 22,947 |  |  | $ | 27,937 |  |  | $ | 1,295 |  |  |  |  | $ | 1,389 |
(1) Represents only cash payments received and applied to interest on nonaccrual loans.

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