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Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Schedule of Loans, Net of Unamortized Net Deferred Fees
The table below presents HFI Loans, net of unamortized net deferred fees, summarized by portfolio segment.
As of
March 31, 2026December 31, 2025
(dollars in thousands)Amount%Amount%
Commercial$1,432,933 21 %$1,338,486 18 %
Income producing - commercial real estate3,030,004 44 %3,350,718 46 %
Owner occupied - commercial real estate1,686,210 23 %1,602,124 22 %
Real estate mortgage - residential35,743 1 %37,100 1 %
Construction - commercial and residential617,992 9 %795,400 11 %
Construction - C&I (owner occupied)87,666 1 %108,468 1 %
Home equity44,948 1 %47,448 1 %
Other consumer3,064 — %715 — %
Total loans6,938,560 100 %7,280,459 100 %
Less: allowance for credit losses(147,163)(159,604)
Net loans (1)
$6,791,397 $7,120,855 
(1)Excludes accrued interest receivable of $33.3 million and $35.9 million as of March 31, 2026 and December 31, 2025, respectively, which were recorded in other assets on the Consolidated Balance Sheets.
Schedule of Detail Activity in the Allowance for Credit Losses by Portfolio Segment
The table below details activity in the ACL by portfolio segment. The Company has updated its allocation methodology to better reflect the ACL attributable to loan categories and collateral types. Conforming changes have been made to prior period amounts. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.
(dollars in thousands)CommercialIncome 
Producing - Commercial Real Estate		Owner 
Occupied - Commercial Real Estate		Real Estate Mortgage - ResidentialConstruction -Commercial and ResidentialConstruction - C&I (Owner Occupied)Home EquityOther ConsumerTotal
For the Three Months Ended March 31, 2026
Allowance for credit losses:
Balance at beginning of quarter
$26,607 $98,707 $20,719 $339 $11,171 $1,515 $519 $27 $159,604 
Loans charged-off(11,533)(11,557)(2,926)(80)— — — — (26,096)
Recoveries of loans previously charged-off87 38 24 — — — — — 149 
Net loans (charged-off) and recovered(11,446)(11,519)(2,902)(80)— — — — (25,947)
Provision for (reversal of) credit losses11,130 981 180 56 1,432 (391)112 6 13,506 
Ending balance$26,291 $88,169 $17,997 $315 $12,603 $1,124 $631 $33 $147,163 
For the Three Months Ended March 31, 2025
Allowance for credit losses:
Balance at beginning of quarter
$19,390 $55,185 $22,654 $610 $14,585 $1,282 $653 $31 $114,390 
Loans charged-off(270)(6,170)(4,862)— — — — (4)(11,306)
Recoveries of loans previously charged-off53 — 23 — — — — — 76 
Net loans (charged-off) and recovered(217)(6,170)(4,839)— — — — (4)(11,230)
Provision for (reversal of) credit losses1,489 12,922 9,057 60 2,306 398 71 6 26,309 
Ending balance$20,662 $61,937 $26,872 $670 $16,891 $1,680 $724 $33 $129,469 
Schedule of Amortized Cost Basis of Collateral-Dependent Loans by Class of Loans
The table below presents the amortized cost basis of collateral-dependent HFI loans by portfolio segment.
As of
March 31, 2026December 31, 2025
(dollars in thousands)Business/Other AssetsReal EstateBusiness/Other AssetsReal Estate
Commercial$15,305 $3,215 $15,285 $2,813 
Income producing-commercial real estate
880 75,781 880 61,657 
Owner occupied - commercial real estate— 5,052 — 7,938 
Real estate mortgage- residential— 464 — 579 
Construction - commercial and residential— 28,016 — 17,394 
Home equity— 517 — 351 
Total$16,185 $113,045 $16,165 $90,732 
Schedule of the Risk Category of Loans by Class of Loans The table below presents the amortized cost basis of HFI loans by risk category, class and year of origination, along with any charge-offs that were recorded in the applicable loan segment, if applicable. The table below excludes $11.6 million of gross charge-offs associated with loans that were reclassified to HFS or sold during the three months ended March 31, 2026.
As of March 31, 2026
(dollars in thousands)Prior2022202320242025
2026
Revolving Loans Amort. Cost BasisRevolving Loans Convert. to TermTotal
Commercial:
Pass$104,869 $33,046 $67,471 $88,369 $358,736 $145,359 $541,703 $3,540 $1,343,093 
Special Mention56 11,534 996 7,260 — — 20,841 — 40,687 
Substandard24,515 9,586 424 2,738 — — 11,678 212 49,153 
Total129,440 54,166 68,891 98,367 358,736 145,359 574,222 3,752 1,432,933 
YTD gross charge-offs(2,681)(8,852)— — — — — — (11,533)
Income producing - commercial real estate:
Pass1,352,420 443,676 412,067 88,766 123,779 771 151,826 — 2,573,305 
Special Mention57,450 56,173 — — — — — — 113,623 
Substandard248,923 93,545 — — — — 608 — 343,076 
Total1,658,793 593,394 412,067 88,766 123,779 771 152,434 — 3,030,004 
Owner occupied - commercial real estate:
Pass844,229 88,995 131,357 127,490 338,606 105,439 657 — 1,636,773 
Special Mention11,491 — — — 16,441 — — — 27,932 
Substandard20,440 1,065 — — — — — — 21,505 
Total876,160 90,060 131,357 127,490 355,047 105,439 657 — 1,686,210 
YTD gross charge-offs(2,926)— — — — — — (2,926)
Real estate mortgage - residential:
Pass14,101 10,832 5,830 — — — — — 30,763 
Substandard4,980 — — — — — — — 4,980 
Total19,081 10,832 5,830 — — — — — 35,743 
Construction - commercial and residential:
Pass112,240 184,622 75,117 9,990 29,369 7,149 56,029 6,874 481,390 
Special Mention— 81,094 — — — — 27,491 — 108,585 
Substandard12,118 15,152 — — — — 747 — 28,017 
Total124,358 280,868 75,117 9,990 29,369 7,149 84,267 6,874 617,992 
Construction - C&I (owner occupied):
Pass3,698 — 10,445 49,507 23,236 — 780 — 87,666 
Home equity:
Pass2,026 113 — — — — 41,622 314 44,075 
Substandard418 — — — — 37 377 41 873 
Total2,444 113 — — — 37 41,999 355 44,948 
Other consumer:
Pass— — — — 135 200 2,729 — 3,064 
Total Recorded Investment$2,813,974 $1,029,433 $703,707 $374,120 $890,302 $258,955 $857,088 $10,981 $6,938,560 
Total YTD gross charge-offs$(5,607)$(8,852)$— $— $— $— $— $— $(14,459)
As of December 31, 2025
(dollars in thousands)Prior2021202220232024
2025
Revolving Loans Amort. Cost BasisRevolving Loans Convert. to TermTotal
Commercial:
Pass$92,082 $18,390 $35,098 $66,402 $83,098 $357,934 $593,711 $3,815 $1,250,530 
Special Mention524 309 11,264 994 10,360 — 7,018 — 30,469 
Substandard22,721 433 18,134 406 — — 13,102 2,691 57,487 
Total115,327 19,132 64,496 67,802 93,458 357,934 613,831 6,506 1,338,486 
YTD gross charge-offs(1,208)(525)(304)— (57)— (296)— (2,390)
Income producing - commercial real estate:
Pass1,087,720 435,579 533,070 364,692 88,823 123,114 145,256 13,381 2,791,635 
Special Mention86,600 43,104 56,157 — — — — — 185,861 
Substandard167,878 90,035 114,451 — — — 858 — 373,222 
Total1,342,198 568,718 703,678 364,692 88,823 123,114 146,114 13,381 3,350,718 
YTD gross charge-offs(35,833)— — — — — (10,500)— (46,333)
Owner occupied - commercial real estate:
Pass667,233 209,803 89,580 132,719 126,792 356,437 636 — 1,583,200 
Substandard14,263 3,137 1,072 452 — — — — 18,924 
Total681,496 212,940 90,652 133,171 126,792 356,437 636 — 1,602,124 
YTD gross charge-offs(22,238)— — — — — — (22,238)
Real estate mortgage - residential:
Pass13,331 6,411 10,941 5,838 — — — — 36,521 
Substandard579 — — — — — — — 579 
Total13,910 6,411 10,941 5,838 — — — — 37,100 
Construction - commercial and residential:
Pass10,095 106,241 307,223 120,558 10,228 23,415 92,900 8,294 678,954 
Special Mention— — 25,082 — — — 27,469 — 52,551 
Substandard35,517 11,618 15,320 — — — 1,440 — 63,895 
Total45,612 117,859 347,625 120,558 10,228 23,415 121,809 8,294 795,400 
YTD gross charge-offs(1,579)———————(1,579)
Construction - C&I (owner occupied):
Pass3,737 — — 10,199 43,484 18,945 791 31,312 108,468 
Home equity:
Pass1,282 35 114 — — — 44,822 805 47,058 
Substandard248 — — — — — 82 60 390 
Total1,530 35 114 — — — 44,904 865 47,448 
  YTD gross charge-offs
— (206)— — — — — — (206)
Other consumer:
Pass— — — — — 156 559 — 715 
YTD gross charge-offs(3)— — — — — — (32)(35)
Total Recorded Investment$2,203,810 $925,095 $1,217,506 $702,260 $362,785 $880,001 $928,644 $60,358 $7,280,459 
Total YTD gross charge-offs$(60,861)$(731)$(304)$— $(57)$— $(10,796)$(32)$(72,781)
Schedule of Information Related to Nonaccrual Loans by Class
The table below presents, by portfolio segment, information related to the amortized cost basis of nonaccrual HFI loans.
As of
March 31, 2026
December 31, 2025
(dollars in thousands)Nonaccrual with No Allowance for Credit LossNonaccrual with an Allowance for Credit LossesTotal Nonaccrual LoansNonaccrual with No Allowance for Credit LossNonaccrual with an Allowance for Credit LossesTotal Nonaccrual Loans
Commercial$3,672 $14,382 $18,054 $3,397 $14,702 $18,099 
Income producing - commercial real estate6,716 69,945 76,661 38,275 24,262 62,537 
Owner occupied - commercial real estate5,050 — 5,050 3,199 4,738 7,937 
Real estate mortgage - residential464 — 464 579 — 579 
Construction- commercial and residential2,773 25,243 28,016 2,074 15,320 17,394 
Home equity327 189 516 333 18 351 
Total (1)
$19,002 $109,759 $128,761 $47,857 $59,040 $106,897 
(1)Gross coupon interest income of $4.2 million, and $3.1 million would have been recorded for the three months ended March 31, 2026 and 2025, respectively, if nonaccrual loans shown above had been current and in accordance with their original terms. Interest income recognized on loans on nonaccrual status was $2.3 million and $1.6 million for the three months ended March 31, 2026 and 2025, respectively. See "Note 1 – Summary of Significant Accounting Policies" to the Consolidated Financial Statements for a description of the Company’s policy for placing loans on nonaccrual status.
Schedule of Class of Loan, an Aging Analysis and the Recorded Investments in Loans Past Due
The table below presents, by portfolio segment, an aging analysis and the recorded investments in HFI loans past due.
As of March 31, 2026
(dollars in thousands)Loans 30-59 Days Past DueLoans 60-89 Days Past DueLoans 90 Days or More Past 
Due		Total Past Due LoansCurrent LoansNonaccrual LoansTotal Recorded Investment in Loans
Commercial$769 $379 $— $1,148 $1,413,731 $18,054 $1,432,933 
Income producing - commercial real estate12,654 3,638 — 16,292 2,937,051 76,661 3,030,004 
Owner occupied - commercial real estate— — — — 1,681,160 5,050 1,686,210 
Real estate mortgage – residential578 — — 578 34,701 464 35,743 
Construction - commercial and residential— — — — 589,976 28,016 617,992 
Construction - C&I (owner occupied)— — — — 87,666 — 87,666 
Home equity— — — — 44,432 516 44,948 
Other consumer— — — — 3,064 — 3,064 
Total$14,001 $4,017 $— $18,018 $6,791,781 $128,761 $6,938,560 
As of December 31, 2025
(dollars in thousands)Loans 30-59 Days Past DueLoans 60-89 Days Past DueLoans 90 Days or More Past 
Due		Total Past Due LoansCurrent LoansNonaccrual LoansTotal Recorded Investment in Loans
Commercial$2,942 $44 $— $2,986 $1,317,401 $18,099 $1,338,486 
Income producing - commercial real estate2,688 — — 2,688 3,285,493 62,537 3,350,718 
Owner occupied - commercial real estate167 12,573 — 12,740 1,581,447 7,937 1,602,124 
Real estate mortgage – residential4,544 — — 4,544 31,977 579 37,100 
Construction - commercial and residential26,942 — — 26,942 751,064 17,394 795,400 
Construction - C&I (owner occupied)— — — — 108,468 — 108,468 
Home equity— 39 — 39 47,058 351 47,448 
Other consumer— — — — 715 — 715 
Total$37,283 $12,656 $— $49,939 $7,123,623 $106,897 $7,280,459 
Schedule of Loans Modified in Troubled Debt Restructurings
The table below presents the amortized cost basis and the financial effect of HFI loans modified for borrowers experiencing financial difficulty.
(dollars in thousands)Term ExtensionCombination - Term Extension and Principal Payment DelayTotalPercentage of Total Loan Type
Weighted Average Term and Principal Payment Extension(1)
Weighted Average Interest Rate Reduction(2)
For the Three Months Ended March 31, 2026
Commercial$7,252 $— $7,252 0.5 %9 months— %
Income producing - commercial real estate54,090 16,340 70,430 2.3 %4 months— %
Real estate mortgage - residential4,515 — 4,515 12.6 %14 months— %
Total$65,857 $16,340 $82,197 
For the Three Months Ended March 31, 2025
Commercial$3,310 $9,440 $12,750 1.1 %12 months— %
Income producing - commercial real estate— 70,296 70,296 1.8 %5 months— %
Total$3,310 $79,736 $83,046 
(1)For loans that received multiple modifications during the year, weighted average term and principal payment extensions were calculated based on the aggregate impact of the extensions received during the period.
(2)The weighted average is calculated based on the total amortized cost of loans, at the year-end, that received interest rate reduction modifications during the year.
The table below presents the performance of HFI loans modified during the prior twelve months for borrowers experiencing financial difficulty.
Payment Status (Amortized Cost Basis)
(dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueNonaccrual
March 31, 2026
Commercial$18,997 $— $— $2,581 
Income producing - commercial real estate153,404 7,159 — 7,423 
Owner occupied - commercial real estate12,659 — — — 
Real estate mortgage - residential4,515 — 
Construction - C&I (owner occupied)— — — 8,750 
Total$189,575 $7,159 $— $18,754 
March 31, 2025
Commercial$46,010 $— $— $— 
Income producing - commercial real estate172,099 — — 84,442 
Owner occupied - commercial real estate863 — — — 
Construction - commercial and residential9,942 10,605 — — 
Total$228,914 $10,605 $— $84,442 
Schedule of Amortized Cost Basis of Loan for Payment Default
The table below presents the amortized cost basis of HFI loans that were experiencing payment default and were modified in the twelve months prior to that default for borrowers experiencing financial difficulty.
Amortized Cost Basis
(dollars in thousands)Term ExtensionCombination - Term Extension and Principal Payment Delay
March 31, 2026
Commercial$2,581 $— 
Income producing - commercial real estate7,159 7,423 
Construction - commercial and residential1,520 7,230 
Total$11,260 $14,653 
March 31, 2025
Income producing - commercial real estate$— $84,442 
Construction - commercial and residential— 10,605 
Total$— $95,047