Schedule of Aging Status of Recorded Investments in Loans by Portfolio (Excluding PCI Loans) |
The aging status of the recorded investment in loans by portfolio as of December 31, 2024 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accruing loans | | | | | | | | | (dollars in thousands) | 30-59 days past due | | 60-89 days past due | | Past due 90 days or more | | Total past due | | Nonaccrual | | Current | | Total | Commercial: | | | | | | | | | | | | | | Commercial | $ | 4,562 | | | $ | 349 | | | $ | — | | | $ | 4,911 | | | $ | 9,752 | | | $ | 803,833 | | | $ | 818,496 | | Commercial other | 9,578 | | | 6,284 | | | 10,769 | | | 26,631 | | | 3,439 | | | 511,254 | | | 541,324 | | Commercial real estate: | | | | | | | | | | | | | | Commercial real estate non-owner occupied | 11,732 | | | — | | | — | | | 11,732 | | | 33,360 | | | 1,583,869 | | | 1,628,961 | | Commercial real estate owner occupied | 985 | | | — | | | — | | | 985 | | | 18,278 | | | 421,543 | | | 440,806 | | Multi-family | — | | | — | | | — | | | — | | | 54,133 | | | 400,116 | | | 454,249 | | Farmland | 48 | | | — | | | — | | | 48 | | | 1,148 | | | 66,452 | | | 67,648 | | Construction and land development | — | | | — | | | — | | | — | | | 8,438 | | | 291,404 | | | 299,842 | | Total commercial loans | 26,905 | | | 6,633 | | | 10,769 | | | 44,307 | | | 128,548 | | | 4,078,471 | | | 4,251,326 | | Residential real estate: | | | | | | | | | | | | | | Residential first lien | 21 | | | 650 | | | — | | | 671 | | | 2,992 | | | 312,112 | | | 315,775 | | Other residential | 91 | | | 38 | | | — | | | 129 | | | 446 | | | 64,207 | | | 64,782 | | Consumer: | | | | | | | | | | | | | | Consumer | 314 | | | 40 | | | — | | | 354 | | | 20 | | | 95,828 | | | 96,202 | | Consumer other | 345 | | | 211 | | | — | | | 556 | | | — | | | 47,543 | | | 48,099 | | Lease financing | 4,679 | | | 3,754 | | | — | | | 8,433 | | | 8,132 | | | 374,825 | | | 391,390 | | Total loans | $ | 32,355 | | | $ | 11,326 | | | $ | 10,769 | | | $ | 54,450 | | | $ | 140,138 | | | $ | 4,972,986 | | | $ | 5,167,574 | |
The aging status of the recorded investment in loans by portfolio as of December 31, 2023 (restated) was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accruing loans | | | | | | | | | (dollars in thousands) | 30-59 days past due | | 60-89 days past due | | Past due 90 days or more | | Total past due | | Nonaccrual | | Current | | Total | Commercial: | | | | | | | | | | | | | | Commercial | $ | 9,340 | | | $ | 504 | | | $ | — | | | $ | 9,844 | | | $ | 3,560 | | | $ | 812,534 | | | $ | 825,938 | | Commercial other | 11,686 | | | 6,109 | | | 784 | | | 18,579 | | | 4,941 | | | 655,996 | | | 679,516 | | Commercial real estate: | | | | | | | | | | | | | | Commercial real estate non-owner occupied | 384 | | | — | | | — | | | 384 | | | 15,712 | | | 1,606,572 | | | 1,622,668 | | Commercial real estate owner occupied | — | | | — | | | — | | | — | | | 10,776 | | | 426,081 | | | 436,857 | | Multi-family | 14,506 | | | 8,140 | | | — | | | 22,646 | | | 6,255 | | | 251,003 | | | 279,904 | | Farmland | — | | | 120 | | | — | | | 120 | | | 1,148 | | | 66,148 | | | 67,416 | | Construction and land development | 211 | | | 10,593 | | | — | | | 10,804 | | | 39 | | | 441,750 | | | 452,593 | | Total commercial loans | 36,127 | | | 25,466 | | | 784 | | | 62,377 | | | 42,431 | | | 4,260,084 | | | 4,364,892 | | Residential real estate: | | | | | | | | | | | | | | Residential first lien | 69 | | | 299 | | | 161 | | | 529 | | | 3,073 | | | 313,786 | | | 317,388 | | Other residential | 100 | | | 50 | | | — | | | 150 | | | 635 | | | 62,410 | | | 63,195 | | Consumer: | | | | | | | | | | | | | | Consumer | 62 | | | 20 | | | — | | | 82 | | | 134 | | | 107,527 | | | 107,743 | | Consumer other | 6,695 | | | 4,442 | | | — | | | 11,137 | | | — | | | 765,887 | | | 777,024 | | Lease financing | 7,622 | | | 1,826 | | | — | | | 9,448 | | | 9,133 | | | 454,769 | | | 473,350 | | Total loans | $ | 50,675 | | | $ | 32,103 | | | $ | 945 | | | $ | 83,723 | | | $ | 55,406 | | | $ | 5,964,463 | | | $ | 6,103,592 | |
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Schedule of Loans Credit Equality Indicators |
The following tables present the recorded investment of the commercial loan portfolio by risk category as of December 31, 2024 and December 31, 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | | Term Loans Amortized Cost Basis by Origination Year | | | | (dollars in thousands) | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Revolving loans | | Total | Commercial | Commercial | Acceptable credit quality | $ | 103,345 | | | $ | 100,478 | | | $ | 66,135 | | | $ | 59,613 | | | $ | 28,661 | | | $ | 39,895 | | | $ | 343,577 | | | $ | 741,704 | | | | Special mention | 54,838 | | | — | | | — | | | — | | | — | | | 60 | | | 277 | | | 55,175 | | | | Substandard | 464 | | | 2,964 | | | 626 | | | 1,311 | | | 196 | | | 1,239 | | | 5,065 | | | 11,865 | | | | Substandard – nonaccrual | — | | | 635 | | | 4,601 | | | 514 | | | 12 | | | 3,202 | | | 788 | | | 9,752 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 158,647 | | | 104,077 | | | 71,362 | | | 61,438 | | | 28,869 | | | 44,396 | | | 349,707 | | | 818,496 | | | | | | | | | | | | | | | | | | | | | Commercial other | Acceptable credit quality | 101,877 | | | 94,515 | | | 133,745 | | | 59,701 | | | 25,688 | | | 14,016 | | | 103,794 | | | 533,336 | | | | Special mention | 1 | | | 2,132 | | | 1,100 | | | 964 | | | 197 | | | 94 | | | — | | | 4,488 | | | | Substandard | — | | | 31 | | | — | | | — | | | — | | | — | | | 30 | | | 61 | | | | Substandard – nonaccrual | 119 | | | 646 | | | 1,406 | | | 682 | | | 93 | | | 394 | | | 99 | | | 3,439 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 101,997 | | | 97,324 | | | 136,251 | | | 61,347 | | | 25,978 | | | 14,504 | | | 103,923 | | | 541,324 | | | | | | | | | | | | | | | | | | | | Commercial real estate | Non-owner occupied | Acceptable credit quality | 404,475 | | | 179,499 | | | 460,447 | | | 261,886 | | | 79,830 | | | 130,160 | | | 6,729 | | | 1,523,026 | | | | Special mention | 12,392 | | | 4,079 | | | — | | | 178 | | | 3,988 | | | 274 | | | — | | | 20,911 | | | | Substandard | 62 | | | 2,061 | | | 8,149 | | | 4,190 | | | 4,463 | | | 32,739 | | | — | | | 51,664 | | | | Substandard – nonaccrual | 80 | | | 7,737 | | | 7,861 | | | 4,509 | | | — | | | 13,173 | | | — | | | 33,360 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 417,009 | | | 193,376 | | | 476,457 | | | 270,763 | | | 88,281 | | | 176,346 | | | 6,729 | | | 1,628,961 | | | | | | | | | | | | | | | | | | | | | Owner occupied | Acceptable credit quality | 61,613 | | | 43,344 | | | 95,334 | | | 101,717 | | | 46,914 | | | 62,723 | | | 629 | | | 412,274 | | | | Special mention | 849 | | | — | | | — | | | — | | | — | | | 214 | | | — | | | 1,063 | | | | Substandard | 469 | | | 5,469 | | | 381 | | | — | | | — | | | 2,872 | | | — | | | 9,191 | | | | Substandard – nonaccrual | 317 | | | — | | | 16,971 | | | 264 | | | 1 | | | 421 | | | 304 | | | 18,278 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 63,248 | | | 48,813 | | | 112,686 | | | 101,981 | | | 46,915 | | | 66,230 | | | 933 | | | 440,806 | | | | | | | | | | | | | | | | | | | | | Multi-family | Acceptable credit quality | 49,292 | | | 14,682 | | | 224,849 | | | 60,428 | | | 27,417 | | | 9,519 | | | 978 | | | 387,165 | | | | Special mention | — | | | 7,650 | | | — | | | — | | | — | | | — | | | — | | | 7,650 | | | | Substandard | — | | | — | | | — | | | 5,258 | | | — | | | 43 | | | — | | | 5,301 | | | | Substandard – nonaccrual | 27,354 | | | 8,890 | | | — | | | 899 | | | — | | | 16,990 | | | — | | | 54,133 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 76,646 | | | 31,222 | | | 224,849 | | | 66,585 | | | 27,417 | | | 26,552 | | | 978 | | | 454,249 | | | | | | | | | | | | | | | | | | | | | Farmland | Acceptable credit quality | 4,157 | | | 9,540 | | | 4,557 | | | 16,794 | | | 10,046 | | | 19,588 | | | 1,690 | | | 66,372 | | | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Substandard | — | | | — | | | — | | | 13 | | | — | | | 115 | | | — | | | 128 | | | | Substandard – nonaccrual | — | | | — | | | — | | | — | | | — | | | 1,100 | | | 48 | | | 1,148 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 4,157 | | | 9,540 | | | 4,557 | | | 16,807 | | | 10,046 | | | 20,803 | | | 1,738 | | | 67,648 | | | | | | | | | | | | | | | | | | | | Construction and land development | | Acceptable credit quality | 71,889 | | | 27,121 | | | 106,277 | | | 25,780 | | | — | | | 1,153 | | | 38,829 | | | 271,049 | | | | Special mention | 11,409 | | | — | | | — | | | — | | | — | | | — | | | — | | | 11,409 | | | | Substandard | 5,848 | | | — | | | — | | | — | | | — | | | — | | | — | | | 5,848 | | | | Substandard – nonaccrual | — | | | — | | | — | | | 8,399 | | | — | | | 39 | | | — | | | 8,438 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | 2,232 | | | 470 | | | 374 | | | — | | | — | | | 22 | | | — | | | 3,098 | | | | Subtotal | 91,378 | | | 27,591 | | | 106,651 | | | 34,179 | | | — | | | 1,214 | | | 38,829 | | | 299,842 | | | | | | | | | | | | | | | | | | | | Total | | Acceptable credit quality | 796,648 | | | 469,179 | | | 1,091,344 | | | 585,919 | | | 218,556 | | | 277,054 | | | 496,226 | | | 3,934,926 | | | | Special mention | 79,489 | | | 13,861 | | | 1,100 | | | 1,142 | | | 4,185 | | | 642 | | | 277 | | | 100,696 | | | | Substandard | 6,843 | | | 10,525 | | | 9,156 | | | 10,772 | | | 4,659 | | | 37,008 | | | 5,095 | | | 84,058 | | | | Substandard – nonaccrual | 27,870 | | | 17,908 | | | 30,839 | | | 15,267 | | | 106 | | | 35,319 | | | 1,239 | | | 128,548 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | 2,232 | | | 470 | | | 374 | | | — | | | — | | | 22 | | | — | | | 3,098 | | Total commercial loans | | $ | 913,082 | | | $ | 511,943 | | | $ | 1,132,813 | | | $ | 613,100 | | | $ | 227,506 | | | $ | 350,045 | | | $ | 502,837 | | | $ | 4,251,326 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2023 (Restated) | | | | Term Loans Amortized Cost Basis by Origination Year | | | | | (dollars in thousands) | | 2023 | | 2022 | | 2021 | | 2020 | | 2019 | | Prior | | Revolving loans | | Total | Commercial | Commercial | Acceptable credit quality | $ | 157,498 | | | $ | 96,295 | | | $ | 71,366 | | | $ | 36,680 | | | $ | 14,688 | | | $ | 42,827 | | | $ | 369,297 | | | $ | 788,651 | | | | Special mention | 3,015 | | | 450 | | | 4 | | | — | | | 181 | | | 43 | | | 983 | | | 4,676 | | | | Substandard | 4,485 | | | 13,651 | | | 420 | | | 342 | | | 253 | | | 4,961 | | | 4,940 | | | 29,052 | | | | Substandard – nonaccrual | 1,238 | | | — | | | 1,321 | | | 25 | | | 79 | | | 360 | | | 536 | | | 3,559 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 166,236 | | | 110,396 | | | 73,111 | | | 37,047 | | | 15,201 | | | 48,191 | | | 375,756 | | | 825,938 | | | | | | | | | | | | | | | | | | | | | Commercial other | Acceptable credit quality | 139,057 | | | 195,726 | | | 111,273 | | | 68,224 | | | 35,720 | | | 29,839 | | | 90,928 | | | 670,767 | | | | Special mention | — | | | 532 | | | 399 | | | 114 | | | 107 | | | 4 | | | 1,682 | | | 2,838 | | | | Substandard | 37 | | | 220 | | | — | | | — | | | — | | | — | | | 639 | | | 896 | | | | Substandard – nonaccrual | 1,819 | | | 1,918 | | | 449 | | | 184 | | | 361 | | | 94 | | | 116 | | | 4,941 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | 74 | | | — | | | — | | | — | | | — | | | — | | | — | | | 74 | | | | Subtotal | 140,987 | | | 198,396 | | | 112,121 | | | 68,522 | | | 36,188 | | | 29,937 | | | 93,365 | | | 679,516 | | | | | | | | | | | | | | | | | | | | Commercial real estate | Non-owner occupied | Acceptable credit quality | 237,215 | | | 653,057 | | | 309,013 | | | 110,743 | | | 82,563 | | | 124,430 | | | 6,328 | | | 1,523,349 | | | | Special mention | 4,480 | | | — | | | 181 | | | 457 | | | — | | | 274 | | | — | | | 5,392 | | | | Substandard | 35,811 | | | 1,658 | | | — | | | — | | | 17,835 | | | 22,911 | | | — | | | 78,215 | | | | Substandard – nonaccrual | 5,573 | | | — | | | 154 | | | 999 | | | 7,597 | | | 1,389 | | | — | | | 15,712 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 283,079 | | | 654,715 | | | 309,348 | | | 112,199 | | | 107,995 | | | 149,004 | | | 6,328 | | | 1,622,668 | | | | | | | | | | | | | | | | | | | | | Owner occupied | Acceptable credit quality | 32,972 | | | 100,893 | | | 113,264 | | | 48,415 | | | 23,671 | | | 77,854 | | | 1,803 | | | 398,872 | | | | Special mention | 5,750 | | | — | | | 129 | | | — | | | 149 | | | 177 | | | 8 | | | 6,213 | | | | Substandard | — | | | 7,716 | | | 265 | | | — | | | 705 | | | 12,310 | | | — | | | 20,996 | | | | Substandard – nonaccrual | 126 | | | 9,431 | | | 28 | | | 171 | | | 27 | | | 689 | | | 304 | | | 10,776 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 38,848 | | | 118,040 | | | 113,686 | | | 48,586 | | | 24,552 | | | 91,030 | | | 2,115 | | | 436,857 | | | | | | | | | | | | | | | | | | | | | Multi-family | Acceptable credit quality | 4,483 | | | 170,519 | | | 25,835 | | | 28,137 | | | 10,185 | | | 11,538 | | | 254 | | | 250,951 | | | | Special mention | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Substandard | 8,140 | | | — | | | — | | | — | | | — | | | 14,558 | | | — | | | 22,698 | | | | Substandard – nonaccrual | 1,700 | | | — | | | 899 | | | — | | | 104 | | | 3,552 | | | — | | | 6,255 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 14,323 | | | 170,519 | | | 26,734 | | | 28,137 | | | 10,289 | | | 29,648 | | | 254 | | | 279,904 | | | | | | | | | | | | | | | | | | | | | Farmland | Acceptable credit quality | 10,104 | | | 4,735 | | | 13,405 | | | 12,255 | | | 3,723 | | | 18,636 | | | 1,439 | | | 64,297 | | | | Special mention | — | | | — | | | 1,451 | | | — | | | — | | | 96 | | | — | | | 1,547 | | | | Substandard | — | | | — | | | 133 | | | — | | | 22 | | | 269 | | | — | | | 424 | | | | Substandard – nonaccrual | — | | | — | | | — | | | — | | | — | | | 1,100 | | | 48 | | | 1,148 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 10,104 | | | 4,735 | | | 14,989 | | | 12,255 | | | 3,745 | | | 20,101 | | | 1,487 | | | 67,416 | | | | | | | | | | | | | | | | | | | | Construction and land development | | Acceptable credit quality | 65,538 | | | 233,660 | | | 88,047 | | | — | | | 677 | | | 916 | | | 29,385 | | | 418,223 | | | | Special mention | — | | | — | | | — | | | — | | | — | | | 40 | | | — | | | 40 | | | | Substandard | — | | | — | | | 16,594 | | | — | | | — | | | — | | | 15,349 | | | 31,943 | | | | Substandard – nonaccrual | — | | | — | | | — | | | — | | | — | | | 39 | | | — | | | 39 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | 1,535 | | | 432 | | | 356 | | | — | | | — | | | 25 | | | — | | | 2,348 | | | | Subtotal | 67,073 | | | 234,092 | | | 104,997 | | | — | | | 677 | | | 1,020 | | | 44,734 | | | 452,593 | | | | | | | | | | | | | | | | | | | | Total | | Acceptable credit quality | 646,867 | | | 1,454,885 | | | 732,203 | | | 304,454 | | | 171,227 | | | 306,040 | | | 499,434 | | | 4,115,110 | | | | Special mention | 13,245 | | | 982 | | | 2,164 | | | 571 | | | 437 | | | 634 | | | 2,673 | | | 20,706 | | | | Substandard | 48,473 | | | 23,245 | | | 17,412 | | | 342 | | | 18,815 | | | 55,009 | | | 20,928 | | | 184,224 | | | | Substandard – nonaccrual | 10,456 | | | 11,349 | | | 2,851 | | | 1,379 | | | 8,168 | | | 7,223 | | | 1,004 | | | 42,430 | | | | Doubtful | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Not graded | 1,609 | | | 432 | | | 356 | | | — | | | — | | | 25 | | | — | | | 2,422 | | Total commercial loans | $ | 720,650 | | | $ | 1,490,893 | | | $ | 754,986 | | | $ | 306,746 | | | $ | 198,647 | | | $ | 368,931 | | | $ | 524,039 | | | $ | 4,364,892 | |
The following table presents the gross charge-offs by class of loan and year of origination on the commercial loan portfolio for the years ended December 31, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Term Loans by Origination Year | | | | (dollars in thousands) | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Revolving Loans | | Total | For the year ended December 31, 2024 | Commercial | Commercial | $ | — | | | $ | 677 | | | $ | 5,174 | | | $ | 827 | | | $ | 90 | | | $ | 967 | | | $ | 342 | | | $ | 8,077 | | | Commercial Other | — | | | 4,796 | | | 15,102 | | | 1,544 | | | 149 | | | 785 | | | — | | | 22,376 | | Commercial Real Estate | Non-owner occupied | — | | | — | | | 2,610 | | | — | | | 138 | | | 1,018 | | | — | | | 3,766 | | | Owner occupied | — | | | — | | | — | | | — | | | — | | | 33 | | | — | | | 33 | | | Multi-family | — | | | — | | | 4,545 | | | — | | | — | | | 1,539 | | | — | | | 6,084 | | | Farmland | — | | | — | | | — | | | 115 | | | — | | | — | | | — | | | 115 | | Construction and land development | — | | | — | | | — | | | 17,991 | | | — | | | — | | | — | | | 17,991 | | Total gross commercial charge-offs | $ | — | | | $ | 5,473 | | | $ | 27,431 | | | $ | 20,477 | | | $ | 377 | | | $ | 4,342 | | | $ | 342 | | | $ | 58,442 | | | | | | | | | | | | | | | | | | | | | Term Loans by Origination Year | | | | | | 2023 | | 2022 | | 2021 | | 2020 | | 2019 | | Prior | | Revolving Loans | | Total | For the year ended December 31, 2023 (restated) | Commercial | Commercial | $ | — | | | $ | — | | | $ | — | | | $ | 70 | | | $ | 126 | | | $ | 224 | | | $ | 2,211 | | | $ | 2,631 | | | Commercial Other | 258 | | | 5,432 | | | 2,351 | | | 1,273 | | | 773 | | | 985 | | | — | | | 11,072 | | Commercial Real Estate | Non-owner occupied | — | | | — | | | — | | | — | | | — | | | 2,630 | | | — | | | 2,630 | | | Owner occupied | — | | | — | | | — | | | — | | | 48 | | | 1,510 | | | — | | | 1,558 | | | Multi-family | — | | | — | | | — | | | — | | | — | | | 812 | | | — | | | 812 | | | | | | | | | | | | | | | | | | | Construction and land development | — | | | — | | | — | | | — | | | 42 | | | 1,559 | | | — | | | 1,601 | | Total gross commercial charge-offs | $ | 258 | | | $ | 5,432 | | | $ | 2,351 | | | $ | 1,343 | | | $ | 989 | | | $ | 7,720 | | | $ | 2,211 | | | $ | 20,304 | |
The Company evaluates the credit quality of its other loan portfolios, which includes residential real estate, consumer and lease financing loans, based primarily on the aging status of the loan and payment activity. Accordingly, loans on nonaccrual status and loans past due 90 days or more and still accruing interest are considered to be nonperforming for purposes of credit quality evaluation. The following tables present the recorded investment of our other loan portfolio based on the credit risk profile of loans that are performing and loans that are nonperforming as of December 31, 2024 and December 31, 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | | Term Loans Amortized Cost Basis by Origination Year | | | | | (dollars in thousands) | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Revolving Loans | | Total | Residential real estate | Residential first lien | Performing | $ | 29,754 | | | $ | 41,263 | | | $ | 69,334 | | | $ | 35,539 | | | $ | 27,282 | | | $ | 109,572 | | | $ | 39 | | | $ | 312,783 | | | | Nonperforming | — | | | 137 | | | 196 | | | 312 | | | 139 | | | 2,208 | | | — | | | 2,992 | | | | Subtotal | 29,754 | | | 41,400 | | | 69,530 | | | 35,851 | | | 27,421 | | | 111,780 | | | 39 | | | 315,775 | | | | | | | | | | | | | | | | | | | | | Other residential | Performing | 2,620 | | | 2,218 | | | 874 | | | 257 | | | 308 | | | 1,822 | | | 56,237 | | | 64,336 | | | | Nonperforming | — | | | — | | | — | | | — | | | — | | | 148 | | | 298 | | | 446 | | | | Subtotal | 2,620 | | | 2,218 | | | 874 | | | 257 | | | 308 | | | 1,970 | | | 56,535 | | | 64,782 | | | | | | | | | | | | | | | | | | | | Consumer | Consumer | Performing | 22,405 | | | 21,182 | | | 16,636 | | | 23,632 | | | 3,542 | | | 7,874 | | | 911 | | | 96,182 | | | | Nonperforming | — | | | — | | | 5 | | | — | | | — | | | 12 | | | 3 | | | 20 | | | | Subtotal | 22,405 | | | 21,182 | | | 16,641 | | | 23,632 | | | 3,542 | | | 7,886 | | | 914 | | | 96,202 | | | | | | | | | | | | | | | | | | | | | Consumer other | Performing | — | | | 536 | | | 29,939 | | | 7,510 | | | 3,677 | | | 6,437 | | | — | | | 48,099 | | | | Nonperforming | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | — | | | 536 | | | 29,939 | | | 7,510 | | | 3,677 | | | 6,437 | | | — | | | 48,099 | | | | | | | | | | | | | | | | | | | | Leases financing | | Performing | 94,432 | | | 96,171 | | | 106,809 | | | 44,213 | | | 24,774 | | | 16,859 | | | — | | | 383,258 | | | | Nonperforming | 77 | | | 3,720 | | | 3,017 | | | 992 | | | 239 | | | 87 | | | — | | | 8,132 | | | | Subtotal | 94,509 | | | 99,891 | | | 109,826 | | | 45,205 | | | 25,013 | | | 16,946 | | | — | | | 391,390 | | | | | | | | | | | | | | | | | | | | Total | | Performing | 149,211 | | | 161,370 | | | 223,592 | | | 111,151 | | | 59,583 | | | 142,564 | | | 57,187 | | | 904,658 | | | | Nonperforming | 77 | | | 3,857 | | | 3,218 | | | 1,304 | | | 378 | | | 2,455 | | | 301 | | | 11,590 | | Total other loans | $ | 149,288 | | | $ | 165,227 | | | $ | 226,810 | | | $ | 112,455 | | | $ | 59,961 | | | $ | 145,019 | | | $ | 57,488 | | | $ | 916,248 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2023 (Restated) | | | | Term Loans Amortized Cost Basis by Origination Year | | | | | (dollars in thousands) | 2023 | | 2022 | | 2021 | | 2020 | | 2019 | | Prior | | Revolving loans | | Total | Residential real estate | Residential first lien | Performing | $ | 42,550 | | | $ | 74,613 | | | $ | 37,009 | | | $ | 29,628 | | | $ | 19,647 | | | $ | 110,703 | | | $ | 4 | | | $ | 314,154 | | | | Nonperforming | 179 | | | 50 | | | 335 | | | — | | | 139 | | | 2,531 | | | — | | | 3,234 | | | | Subtotal | 42,729 | | | 74,663 | | | 37,344 | | | 29,628 | | | 19,786 | | | 113,234 | | | 4 | | | 317,388 | | | | | | | | | | | | | | | | | | | | | Other residential | Performing | 3,245 | | | 1,113 | | | 377 | | | 409 | | | 836 | | | 2,009 | | | 54,571 | | | 62,560 | | | | Nonperforming | — | | | 9 | | | — | | | — | | | — | | | 178 | | | 448 | | | 635 | | | | Subtotal | 3,245 | | | 1,122 | | | 377 | | | 409 | | | 836 | | | 2,187 | | | 55,019 | | | 63,195 | | | | | | | | | | | | | | | | | | | | Consumer | Consumer | Performing | 30,748 | | | 24,190 | | | 31,946 | | | 6,116 | | | 2,313 | | | 10,794 | | | 1,502 | | | 107,609 | | | | Nonperforming | 11 | | | 55 | | | 6 | | | 6 | | | — | | | 56 | | | — | | | 134 | | | | Subtotal | 30,759 | | | 24,245 | | | 31,952 | | | 6,122 | | | 2,313 | | | 10,850 | | | 1,502 | | | 107,743 | | | | | | | | | | | | | | | | | | | | | Consumer other | Performing | 185,591 | | | 378,077 | | | 133,847 | | | 52,428 | | | 20,269 | | | 6,812 | | | — | | | 777,024 | | | | Nonperforming | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | Subtotal | 185,591 | | | 378,077 | | | 133,847 | | | 52,428 | | | 20,269 | | | 6,812 | | | — | | | 777,024 | | | | | | | | | | | | | | | | | | | | Leases financing | | Performing | 143,334 | | | 157,059 | | | 74,359 | | | 50,174 | | | 30,428 | | | 8,863 | | | — | | | 464,217 | | | | Nonperforming | 1,485 | | | 5,043 | | | 1,482 | | | 317 | | | 612 | | | 194 | | | — | | | 9,133 | | | | Subtotal | 144,819 | | | 162,102 | | | 75,841 | | | 50,491 | | | 31,040 | | | 9,057 | | | — | | | 473,350 | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | | | | | Performing | 405,468 | | | 635,052 | | | 277,538 | | | 138,755 | | | 73,493 | | | 139,181 | | | 56,077 | | | 1,725,564 | | | | Nonperforming | 1,675 | | | 5,157 | | | 1,823 | | | 323 | | | 751 | | | 2,959 | | | 448 | | | 13,136 | | Total other loans | $ | 407,143 | | | $ | 640,209 | | | $ | 279,361 | | | $ | 139,078 | | | $ | 74,244 | | | $ | 142,140 | | | $ | 56,525 | | | $ | 1,738,700 | |
The following table presents the gross charge-offs by class of loan and year of origination on the other loan portfolio for the years ended December 31, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Term Loans by Origination Year | | | | (dollars in thousands) | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Revolving Loans | | Total | For the year ended December 31, 2024 | Residential real estate | Residential first lien | $ | — | | | $ | 128 | | | $ | 11 | | | $ | 25 | | | $ | — | | | $ | 483 | | | $ | — | | | $ | 647 | | | Other residential | — | | | — | | | 16 | | | — | | | — | | | 7 | | | 147 | | | 170 | | Consumer | Consumer | 13 | | | 73 | | | 36 | | | 11 | | | 17 | | | 27 | | | 10 | | | 187 | | | Consumer other | 5 | | | 28,143 | | | 47,205 | | | 12,567 | | | 5,413 | | | 4,531 | | | — | | | 97,864 | | Lease financing | | — | | | 3,735 | | | 6,986 | | | 2,291 | | | 544 | | | 767 | | | — | | | 14,323 | | Total gross other charge-offs | | $ | 18 | | | $ | 32,079 | | | $ | 54,254 | | | $ | 14,894 | | | $ | 5,974 | | | $ | 5,815 | | | $ | 157 | | | $ | 113,191 | | | | | | | | | | | | | | | | | | | | | Term Loans by Origination Year | | | | | | 2023 | | 2022 | | 2021 | | 2020 | | 2019 | | Prior | | Revolving Loans | | Total | For the year ended December 31, 2023 (restated) | Residential real estate | Residential first lien | $ | — | | | $ | — | | | $ | 8 | | | $ | 35 | | | $ | 108 | | | $ | 53 | | | $ | — | | | $ | 204 | | | Other residential | — | | | — | | | — | | | — | | | — | | | 10 | | | 57 | | | 67 | | Consumer | Consumer | — | | | 49 | | | 23 | | | 22 | | | 37 | | | 36 | | | — | | | 167 | | | Consumer other | 1,216 | | | 14,786 | | | 7,982 | | | 4,313 | | | 2,499 | | | 2,186 | | | — | | | 32,982 | | Lease financing | | 669 | | | 2,156 | | | 1,172 | | | 213 | | | 542 | | | 274 | | | — | | | 5,026 | | Total gross other charge-offs | | $ | 1,885 | | | $ | 16,991 | | | $ | 9,185 | | | $ | 4,583 | | | $ | 3,186 | | | $ | 2,559 | | | $ | 57 | | | $ | 38,446 | |
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