In accordance with Accounting Standards Codification (“ASC”) 326, the Company is required to measure the allowance for credit losses of financial assets with similar risk characteristics on a collective or pooled basis. In considering the segmentation of financial assets measured at amortized cost into pools, the Company considered various risk characteristics in its analysis. Generally, the segmentation utilized represents the level at which the Company develops and documents its systematic methodology to determine the allowance for credit losses for the financial assets held at amortized cost, specifically the Company's loan portfolio and debt securities classified as held-to-maturity. Descriptions of the Company’s loan portfolio segments and major debt security types are included in Note (5) “Allowance for Credit Losses” of the 2024 Form 10-K.

In accordance with ASC 326, the Company elected to not measure an allowance for credit losses on accrued interest. As such accrued interest is written off in a timely manner when deemed uncollectible. Any such write-off of accrued interest will reverse previously recognized interest income. In addition, the Company elected to not include accrued interest within presentation and disclosures of the carrying amount of financial assets held at amortized cost. This election is applicable to the various disclosures included within the Company's financial statements. Accrued interest related to financial assets held at amortized cost is included within accrued interest receivable and other assets within the Company's Consolidated Statements of Condition and totaled $341.3 million at June 30, 2025, $332.8 million at December 31, 2024, and $297.2 million at June 30, 2024.


As of June 30, 2025			90+ days and still accruing		60-89 days past due		30-59 days past due
(In thousands)	Nonaccrual								Current		Total Loans
Loan Balances (includes PCD):






Commercial	$	80,877	$	—	$	34,855	$	45,103	$	16,226,596	$	16,387,431

Commercial real estate
Construction and development	3,200		—		3,271		1,721		2,520,925		2,529,117
Non-construction	29,628		—		7,986		49,452		10,675,827		10,762,893







Home equity	1,780		—		138		2,971		461,926		466,815

Residential real estate, excluding early buy-out loans	28,047		—		8,954		38		3,777,676		3,814,715



Premium finance receivables—property & casualty	30,404		14,350		25,641		29,460		8,223,321		8,323,176
Premium finance receivables—life insurance	—		327		11,202		34,403		8,461,028		8,506,960

Consumer and other	41		184		61		175		116,044		116,505
Total loans, net of unearned income, excluding early buy-out loans	$	173,977	$	14,861	$	92,108	$	163,323	$	50,463,343	$	50,907,612
Early buy-out loans guaranteed by U.S. government agencies (1)	—		50,639		—		—		83,428		134,067
Total loans, net of unearned income	$	173,977	$	65,500	$	92,108	$	163,323	$	50,546,771	$	51,041,679


As of December 31, 2024			90+ days and still accruing		60-89 days past due		30-59 days past due
(In thousands)	Nonaccrual								Current		Total Loans
Loan Balances (includes PCD):






Commercial	$	73,490	$	104	$	54,844	$	92,551	$	15,353,562	$	15,574,551

Commercial real estate
Construction and development	2,282		—		1,339		4,634		2,425,826		2,434,081
Non-construction	18,760		—		9,182		26,132		10,415,789		10,469,863







Home equity	1,117		—		1,233		2,148		440,530		445,028

Residential real estate, excluding early buy-out loans	23,762		—		5,708		18,917		3,407,622		3,456,009


Premium finance receivables—property & casualty	28,797		16,031		19,042		68,219		7,139,953		7,272,042
Premium finance receivables—life insurance	6,431		—		72,963		36,405		8,031,346		8,147,145

Consumer and other	2		47		59		882		98,572		99,562
Total loans, net of unearned income, excluding early buy-out loans	$	154,641	$	16,182	$	164,370	$	249,888	$	47,313,200	$	47,898,281
Early buy-out loans guaranteed by U.S. government agencies (1)	—		33,952		618		2,335		119,851		156,756
Total loans, net of unearned income	$	154,641	$	50,134	$	164,988	$	252,223	$	47,433,051	$	48,055,037


As of June 30, 2024			90+ days and still accruing		60-89 days past due		30-59 days past due
(In thousands)	Nonaccrual								Current		Total Loans
Loan Balances (includes PCD):






Commercial	$	51,087	$	304	$	16,485	$	36,358	$	14,050,228	$	14,154,462

Commercial real estate
Construction and development	2,528		—		1,699		6,539		2,249,785		2,260,551
Non-construction	45,761		—		4,856		31,526		9,604,503		9,686,646







Home equity	1,100		—		275		1,229		353,709		356,313

Residential real estate, excluding early buy-out loans	18,198		—		1,977		130		2,912,852		2,933,157


Premium finance receivables—property & casualty	32,722		22,427		29,925		45,927		6,969,752		7,100,753
Premium finance receivables—life insurance	—		—		4,118		17,693		7,940,304		7,962,115

Consumer and other	3		121		81		366		86,785		87,356
Total loans, net of unearned income, excluding early buy-out loans	$	151,399	$	22,852	$	59,416	$	139,768	$	44,167,918	$	44,541,353
Early buy-out loans guaranteed by U.S. government agencies (1)	—		45,788		—		—		88,390		134,178
Total loans, net of unearned income	$	151,399	$	68,640	$	59,416	$	139,768	$	44,256,308	$	44,675,531


	Year of Origination														Revolving		Total
(In thousands)	2025		2024		2023		2022		2021		Prior		Revolving		to Term		Loans
Loan Balances:
Commercial
Pass	$	1,861,744	$	2,991,867	$	1,892,313	$	1,365,222	$	976,723	$	1,209,968	$	5,460,274	$	22,740	$	15,780,851
Special mention	855		31,875		46,077		46,868		19,606		6,020		143,556		2,333		297,190
Substandard accrual	2,331		16,092		27,411		58,712		41,344		15,366		65,095		2,162		228,513
Substandard nonaccrual/doubtful	191		2,562		6,865		22,892		23,196		4,910		19,917		344		80,877
Total commercial, industrial and other	$	1,865,121	$	3,042,396	$	1,972,666	$	1,493,694	$	1,060,869	$	1,236,264	$	5,688,842	$	27,579	$	16,387,431
Construction and development
Pass	$	97,381	$	594,804	$	618,976	$	656,080	$	92,674	$	138,854	$	27,249	$	—	$	2,226,018
Special mention	—		—		29,418		216,463		17,954		16,016		—		—		279,851
Substandard accrual	—		—		750		—		—		15,507		3,791		—		20,048
Substandard nonaccrual/doubtful	—		—		251		1,322		—		1,627		—		—		3,200
Total construction and development	$	97,381	$	594,804	$	649,395	$	873,865	$	110,628	$	172,004	$	31,040	$	—	$	2,529,117
Non-construction
Pass	$	917,625	$	1,325,021	$	1,393,425	$	1,761,340	$	1,338,836	$	3,394,943	$	251,779	$	1,496	$	10,384,465
Special mention	95		851		42,162		21,645		36,419		41,316		2,316		—		144,804
Substandard accrual	—		19,905		2,371		70,854		57,748		52,286		832		—		203,996
Substandard nonaccrual/doubtful	1,257		—		1,363		305		151		26,552		—		—		29,628
Total non-construction	$	918,977	$	1,345,777	$	1,439,321	$	1,854,144	$	1,433,154	$	3,515,097	$	254,927	$	1,496	$	10,762,893
Home equity
Pass	$	4	$	240	$	48	$	379	$	306	$	13,167	$	432,865	$	5,107	$	452,116
Special mention	—		10		51		217		—		2,471		5,021		—		7,770
Substandard accrual	—		—		15		27		29		3,695		1,383		—		5,149
Substandard nonaccrual/doubtful	—		711		—		88		202		779		—		—		1,780
Total home equity	$	4	$	961	$	114	$	711	$	537	$	20,112	$	439,269	$	5,107	$	466,815
Residential real estate
Early buy-out loans guaranteed by U.S. government agencies	$	—	$	3,819	$	9,245	$	5,931	$	6,016	$	109,056	$	—	$	—	$	134,067
Pass	543,216		817,417		450,707		779,797		733,763		428,540		—		—		3,753,440
Special mention	—		426		5,908		5,601		2,019		9,538		—		—		23,492


Substandard accrual	61		137		710		3,372		1,679		3,777		—		—		9,736
Substandard nonaccrual/doubtful	—		971		5,031		6,941		7,000		8,104		—		—		28,047
Total residential real estate	$	543,277	$	822,770	$	471,601	$	801,642	$	750,477	$	559,015	$	—	$	—	$	3,948,782
Premium finance receivables - property and casualty
Pass	$	6,914,153	$	1,255,016	$	6,805	$	2,107	$	2,083	$	—	$	—	$	—	$	8,180,164
Special mention	71,899		19,086		7		—		—		—		—		—		90,992
Substandard accrual	10,739		10,871		—		4		2		—		—		—		21,616
Substandard nonaccrual/doubtful	6,191		23,797		414		—		2		—		—		—		30,404
Total premium finance receivables - property and casualty	$	7,002,982	$	1,308,770	$	7,226	$	2,111	$	2,087	$	—	$	—	$	—	$	8,323,176
Premium finance receivables - life (1)
Pass	$	278,040	$	670,927	$	500,062	$	700,495	$	1,042,504	$	5,314,605	$	—	$	—	$	8,506,633
Special mention	—		—		—		—		—		—		—		—		—
Substandard accrual	—		—		—		—		—		327		—		—		327
Substandard nonaccrual/doubtful	—		—		—		—		—		—		—		—		—
Total premium finance receivables - life	$	278,040	$	670,927	$	500,062	$	700,495	$	1,042,504	$	5,314,932	$	—	$	—	$	8,506,960
Consumer and other
Pass	$	3,702	$	2,988	$	2,129	$	434	$	672	$	35,045	$	71,211	$	—	$	116,181
Special mention	15		39		2		3		—		109		6		—		174
Substandard accrual	—		4		1		82		—		16		6		—		109
Substandard nonaccrual/doubtful	—		3		1		—		—		37		—		—		41
Total consumer and other	$	3,717	$	3,034	$	2,133	$	519	$	672	$	35,207	$	71,223	$	—	$	116,505
Total loans
Early buy-out loans guaranteed by U.S. government agencies	$	—	$	3,819	$	9,245	$	5,931	$	6,016	$	109,056	$	—	$	—	$	134,067
Pass	10,615,865		7,658,280		4,864,465		5,265,854		4,187,561		10,535,122		6,243,378		29,343		49,399,868
Special mention	72,864		52,287		123,625		290,797		75,998		75,470		150,899		2,333		844,273
Substandard accrual	13,131		47,009		31,258		133,051		100,802		90,974		71,107		2,162		489,494
Substandard nonaccrual/doubtful	7,639		28,044		13,925		31,548		30,551		42,009		19,917		344		173,977
Total loans	$	10,709,499	$	7,789,439	$	5,042,518	$	5,727,181	$	4,400,928	$	10,852,631	$	6,485,301	$	34,182	$	51,041,679
Gross write offs
Three months ended June 30, 2025	$	1,281	$	7,117	$	1,979	$	1,291	$	318	$	6,509	$	—	$	—	$	18,495
Six months ended June 30, 2025	$	1,404	$	14,803	$	3,789	$	3,381	$	2,147	$	10,420	$	—	$	—	$	35,944

The Company conducts an assessment of its investment securities, including those classified as held-to-maturity, at the time of purchase and on at least an annual basis to ensure such investment securities remain within appropriate levels of risk and continue to perform satisfactorily in fulfilling its obligations. The Company considers, among other factors, the nature of the securities and credit ratings or financial condition of the issuer. If available, the Company obtains a credit rating for issuers from a Nationally Recognized Statistical Rating Organization (“NRSRO”) for consideration. If no such rating is available for an issuer, the Company performs an internal rating based on the scale utilized within the loan portfolio. For purposes of the table below, the Company has converted any issuer rating from an NRSRO into the Company’s internal ratings based on Investment Policy and review by the Company’s management.


As of June 30, 2025	Year of Origination												Total
(In thousands)	2025		2024		2023		2022		2021		Prior		Balance
Amortized Cost Balances:
U.S. government agencies
1-4 internal grade	$	—	$	—	$	—	$	135,000	$	147,825	$	30,715	$	313,540
5-7 internal grade	—		—		—		—		—		—		—
8-10 internal grade	—		—		—		—		—		—		—
Total U.S. government agencies	$	—	$	—	$	—	$	135,000	$	147,825	$	30,715	$	313,540
Municipal
1-4 internal grade	$	—	$	—	$	4,091	$	1,030	$	6,767	$	142,741	$	154,629
5-7 internal grade	—		—		—		—		—		2,124		2,124
8-10 internal grade	—		—		—		—		—		—		—
Total municipal	$	—	$	—	$	4,091	$	1,030	$	6,767	$	144,865	$	156,753
Mortgage-backed securities
1-4 internal grade	$	—	$	—	$	310,359	$	508,750	$	2,159,651	$	—	$	2,978,760
5-7 internal grade	—		—		—		—		—		—		—
8-10 internal grade	—		—		—		—		—		—		—
Total mortgage-backed securities	$	—	$	—	$	310,359	$	508,750	$	2,159,651	$	—	$	2,978,760
Corporate notes
1-4 internal grade	$	—	$	—			$	14,971	$	—	$	38,560	$	53,531
5-7 internal grade	—		—		—		—		—		—		—
8-10 internal grade	—		—		—		—		—		—		—
Total corporate notes	$	—	$	—	$	—	$	14,971	$	—	$	38,560	$	53,531
Total held-to-maturity securities													$	3,502,584
Less: Allowance for credit losses													(398)
Held-to-maturity securities, net of allowance for credit losses													$	3,502,186

The Company's allowance for credit losses consists of the allowance for loan losses, the allowance for unfunded commitment losses and the allowance for held-to-maturity debt security losses. In accordance with ASC 326, the Company measures the allowance for credit losses at the time of origination or purchase of a financial asset, representing an estimate of lifetime expected credit losses on the related asset. When developing its estimate, the Company considers available information relevant to assessing the collectability of cash flows, from both internal and external sources. Historical credit loss experience is one input in the estimation process as well as inputs relevant to current conditions and reasonable and supportable forecasts. In considering past events, the Company considers the relevance, or lack thereof, of historical information due to changes in such things as financial asset underwriting or collection practices, and changes in portfolio mix due to changing business plans and strategies. In considering current conditions and forecasts, the Company considers both the current economic environment and the forecasted direction of the economic environment with emphasis on those factors deemed relevant to or driving changes in expected credit losses. As significant judgment is required, the review of the appropriateness of the allowance for credit losses is performed quarterly by various committees with participation by the Company's executive management.

The allowance for credit losses is measured on a collective or pooled basis when similar risk characteristics exist, based upon the segmentation discussed above. The Company utilizes modeling methodologies that estimate lifetime credit loss rates on each pool. These methodologies include estimating the probability of default and loss given default on the commercial and commercial real estate segments, using the weighted-average remaining maturity methodology for the residential real estate, home equity, and consumer segments, and utilizing an assumption-based approach focusing on historical loss rates for the premium finance receivables segments. Historical credit loss history is adjusted for reasonable and supportable forecasts developed by the Company on a quantitative or qualitative basis and incorporates third party economic forecasts. Reasonable

and supportable forecasts consider the macroeconomic factors that are most relevant to evaluating and predicting expected credit losses in the Company's financial assets. Currently, the Company utilizes an eight quarter forecast period using a single macroeconomic scenario provided by a third party and reviewed within the Company's governance structure. For periods beyond the ability to develop reasonable and supportable forecasts, the Company reverts to historical loss rates at an input level, straight-line over a four quarter reversion period. Expected credit losses are measured over the contractual term of the financial asset with consideration of expected prepayments. Expected extensions, renewals or modifications of the financial asset are considered when the expected extension, renewal or modification is contained within the existing agreement and is not unconditionally cancelable. The methodologies discussed above are applied to both current asset balances on the Company's Consolidated Statements of Condition and off-balance sheet commitments (i.e. unfunded lending-related commitments).

Assets that do not share similar risk characteristics with a pool are assessed for the allowance for credit losses on an individual basis. These typically include assets experiencing financial difficulties, including assets rated as substandard nonaccrual and doubtful. If foreclosure is probable or the asset is considered collateral-dependent, expected credit losses are measured based upon the fair value of the underlying collateral adjusted for selling costs, if appropriate. Underlying collateral across the Company's segments consist primarily of real estate, land and construction assets as well as general business assets of the borrower. As of June 30, 2025, excluding loans carried at fair value, substandard nonaccrual loans totaling $54.1 million in carrying balance had no related allowance for credit losses.


Three months ended June 30, 2025			Commercial Real Estate		Home Equity		Residential Real Estate		Premium Finance Receivables		Consumer and Other		Total Loans
(In thousands)	Commercial

Allowance for credit losses at beginning of period	$	201,183	$	210,010	$	9,139	$	10,652	$	16,039	$	918	$	447,941

Other adjustments	—		—		—		—		180		—		180
Charge-offs	(6,148)		(5,711)		(111)		—		(6,346)		(179)		(18,495)
Recoveries	1,746		10		30		2		3,335		32		5,155
Provision for credit losses - Other	(2,213)		20,049		163		801		3,404		78		22,282




Allowance for credit losses at period end	$	194,568	$	224,358	$	9,221	$	11,455	$	16,612	$	849	$	457,063
By measurement method:
Individually measured	$	35,129	$	8,127	$	—	$	103	$	—	$	4	$	43,363
Collectively measured	159,439		216,231		9,221		11,352		16,612		845		413,700

Loans at period end
Individually measured	$	80,877	$	32,828	$	1,780	$	27,960	$	—	$	41	$	143,486
Collectively measured	16,306,554		13,259,182		465,035		3,783,938		16,830,136		116,464		50,761,309

Loans held at fair value	—		—		—		136,884		—				136,884


Three months ended June 30, 2024	Commercial		Commercial Real Estate		Home Equity		Residential Real Estate		Premium Finance Receivables		Consumer and Other		Total Loans
(In thousands)

Allowance for credit losses at beginning of period	$	166,518	$	226,052	$	7,191	$	13,701	$	13,330	$	383	$	427,175

Other adjustments	—		—		—		—		(19)		—		(19)

Charge-offs	(9,584)		(15,526)		—		(23)		(9,486)		(137)		(34,756)
Recoveries	950		90		35		8		3,663		24		4,770
Provision for credit losses	24,107		13,112		16		(4,913)		7,258		319		39,899
Allowance for credit losses at period end	$	181,991	$	223,728	$	7,242	$	8,773	$	14,746	$	589	$	437,069
By measurement method:
Individually measured	$	30,927	$	6,330	$	—	$	32	$	—	$	1	$	37,290
Collectively measured	151,064		217,398		7,242		8,741		14,746		588		399,779

Loans at period end
Individually measured	$	51,087	$	48,289	$	1,100	$	17,807	$	—	$	3	$	118,286
Collectively measured	14,103,375		11,898,908		355,213		2,913,694		15,062,868		87,353		44,421,411

Loans held at fair value	—		—		—		135,834		—		—		135,834


Six months ended June 30, 2025			Commercial Real Estate		Home Equity		Residential Real Estate		Premium Finance Receivables		Consumer and Other		Total Loans
(In thousands)	Commercial

Allowance for credit losses at beginning of period	$	175,837	$	222,856	$	8,943	$	10,335	$	17,820	$	812	$	436,603

Other adjustments	—		—		—		—		184		—		184
Charge-offs	(15,870)		(6,165)		(111)		—		(13,472)		(326)		(35,944)
Recoveries	2,675		22		246		138		6,822		61		9,964
Provision for credit losses - Other	31,926		7,645		143		982		5,258		302		46,256




Allowance for credit losses at period end	$	194,568	$	224,358	$	9,221	$	11,455	$	16,612	$	849	$	457,063


Six months ended June 30, 2024			Commercial Real Estate		Home Equity		Residential Real Estate		Premium Finance Receivables		Consumer and Other		Total Loans
(In thousands)	Commercial

Allowance for credit losses at beginning of period	$	169,604	$	223,853	$	7,116	$	13,133	$	13,069	$	490	$	427,265

Other adjustments	—		—		—		—		(50)		—		(50)
Charge-offs	(20,799)		(20,995)		(74)		(61)		(16,424)		(244)		(58,597)
Recoveries	1,429		121		64		10		5,190		47		6,861
Provision for credit losses	31,757		20,749		136		(4,309)		12,961		296		61,590
Allowance for credit losses at period end	$	181,991	$	223,728	$	7,242	$	8,773	$	14,746	$	589	$	437,069

For the three and six months ended June 30, 2025, the Company recognized approximately $22.3 million and $46.3 million of provision for credit losses, respectively, related to loans and lending agreements. The provision for each period was primarily the result of losses experienced in the Commercial, Commercial Real Estate and Premium Finance Receivables portfolios along with growth across various segments, which was offset by improved macroeconomic forecasts related to Baa credit spread and CRE Price Index. However, uncertainties remain regarding future economic performance and macroeconomic forecasts utilized in the measurement of the allowance for credit losses as of June 30, 2025, thus a macroeconomic uncertainty qualitative overlay continued to be applied in the second quarter of 2025, related to widening credit spreads. Net charge-offs in the three and six month periods ended June 30, 2025, totaled $13.3 million and $26.0 million, respectively.

The allowance for credit losses on the Company’s held-to-maturity debt securities is presented as a reduction to the amortized cost basis of held-to-maturity securities on the Company's Consolidated Statements of Condition. For the three and six month periods ended June 30, 2025, the Company recognized approximately $(48,000) and $(59,000), respectively, of provision for credit losses related to held-to-maturity securities. At June 30, 2025, the Company did not identify any held-to-maturity debt securities within its portfolio that would require a charge-off.

The Company’s approach to restructuring or modifying loans is built on its credit risk rating system, which requires credit management personnel to assign a credit risk rating to each loan. In each case, the loan officer is responsible for recommending a credit risk rating for each loan and ensuring the credit risk ratings are appropriate. These credit risk ratings are then reviewed and approved by the bank’s chief credit officer and/or concurrence credit officer. Credit risk ratings are determined by evaluating a number of factors, including a borrower’s financial strength, cash flow coverage, collateral protection and guarantees. The Company’s credit risk rating scale is one through ten with higher scores indicating higher risk. In the case of loans rated six or worse following modification, the Company’s Managed Assets Division evaluates the loan and the credit risk rating and determines that the loan has been restructured to be reasonably assured of repayment and of performance according to the modified terms and is supported by a current, well-documented credit assessment of the borrower’s financial condition and prospects for repayment under the revised terms. Based on the Company’s credit risk rating system, it considers that borrowers whose credit risk rating is 5 or better are not experiencing financial difficulties.

Restructurings may arise when, due to financial difficulties experienced by the borrower, the Company obtains through physical possession one or more collateral assets in satisfaction of all or part of an existing credit. Once possession is obtained, the Company reclassifies the appropriate portion of the remaining balance of the credit from loans to other real estate owned (“OREO”), which is included within other assets in the Consolidated Statements of Condition. For any residential real estate property collateralizing a consumer mortgage loan, the Company is considered to possess the related collateral only if legal title is obtained upon completion of foreclosure, or the borrower conveys all interest in the residential real estate property to the Company through completion of a deed in lieu of foreclosure or similar legal agreement. At June 30, 2025, the Company had no foreclosed residential real estate properties included within OREO. Further, the recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $58.2 million and $43.8 million at June 30, 2025 and 2024, respectively.


Three Months Ended June 30, 2025 (Dollars in thousands)	Total		Percentage of Total Class of Loan		Extension of Term		Reduction of Interest Rate		Interest Only Payments		Delay in Contractual Payments		Extension of Term and Reduction of Interest Rate

Commercial	$	35	0.0	%	$	—	$	11	$	—	$	—	$	24


Commercial real estate
Construction and development	—		—		—		—		—		—		—
Non-construction	—		—		—		—		—		—		—


Home equity	—		—		—		—		—		—		—
Residential real estate	282		0.0		—		282		—		—		—
Premium finance receivables—property & casualty	885		0.0		885		—		—		—		—
Total loans	$	1,202	0.0	%	$	885	$	293	$	—	$	—	$	24


			Weighted Average Magnitude of Modifications:
Three Months Ended June 30, 2025 (Dollars in thousands)	Total		Duration of Extension of Term (months)	Reduction of Interest Rate (bps)	Duration of Delay in Contractual Payments (months)

Commercial	$	35	51	72	—


Commercial real estate
Construction and development	—		—	—	—
Non-construction	—		—	—	—

Home equity	—		—	—	—
Residential real estate	282		—	123	—

Premium finance receivables—property & casualty	885		12	—	—
Total loans	$	1,202	13	117	—


Three Months Ended June 30, 2024 (Dollars in thousands)	Total		Percentage of Total Class of Loan		Extension of Term		Reduction of Interest Rate		Interest Only Payments		Delay in Contractual Payments		Extension of Term and Reduction of Interest Rate

Commercial	$	2,161	0.0	%	$	2,010	$	—	$	—	$	97	$	54


Commercial real estate - Non-construction	340		0.0		21		—		319		—		—

Residential real estate	81		0.0		81		—		—		—		—

Premium finance receivables—property & casualty	6		0.0		3		3		—		—		—
Total loans	$	2,588	0.0	%	$	2,115	$	3	$	319	$	97	$	54


Six Months Ended June 30, 2025 (Dollars in thousands)	Total		Percentage of Total Class of Loan		Extension of Term		Reduction of Interest Rate		Interest Only Payments		Delay in Contractual Payments		Extension of Term and Reduction of Interest Rate

Commercial	$	12,732	0.2	%	$	12,465	$	11	$	31	$	—	$	225
Commercial real estate
Construction and development	—		—		—		—		—		—		—
Non-construction	—		—		—		—		—		—		—
Home equity	—		—		—		—		—		—		—
Residential real estate	1,144		0.0		162		282		—		—		700

Premium finance receivables—property & casualty	885		0.0		885		—		—		—		—
Total loans	$	14,761	0.0		$	13,512	$	293	$	31	$	—	$	925


			Weighted Average Magnitude of Modifications:
Six Months Ended June 30, 2025 (Dollars in thousands)	Total		Duration of Extension of Term (months)	Reduction of Interest Rate (bps)	Duration of Delay in Contractual Payments (months)

Commercial	$	12,732	10	50	—
Commercial real estate
Construction and development	—		—	—	—
Non-construction	—		—	—	—
Home equity	—		—	—	—
Residential real estate	1,144		48	152	—

Premium finance receivables—property & casualty	885		12	—	—
Total loans	$	14,761	12	138	—


Six Months Ended June 30, 2024 (Dollars in thousands)	Total		Percentage of Total Class of Loan		Extension of Term		Reduction of Interest Rate		Interest Only Payments		Delay in Contractual Payments		Extension of Term and Reduction of Interest Rate

Commercial	$	3,219	0.0	%	$	2,956	$	—	$	—	$	97	$	166


Commercial real estate - Non-construction	1,469		0.0		293		—		319		857		—
Home equity	89		0.0		89		—		—		—		—
Residential real estate	282		0.0		114		168		—		—		—

Premium finance receivables—property & casualty	6		0.0		3		3		—		—		—
Total loans	$	5,065	0.0	%	$	3,455	$	171	$	319	$	954	$	166


			Weighted Average Magnitude of Modifications:
Six months ended June 30, 2024 (Dollars in thousands)	Total		Duration of Extension of Term (months)	Reduction of Interest Rate (bps)		Duration of Delay in Contractual Payments (months)

Commercial	$	3,219	8	113		34


Commercial real estate - Non-construction	1,469		29	—		16
Home equity	89		12	—		—
Residential real estate	282		19	201		—

Premium finance receivables—property & casualty	$	6	2	86		$	—
Total loans	$	5,065	11	$	156	18


(Dollars in thousands)	For the Twelve Months Ended June 30, 2025		Three Months Ended June 30, 2025		Six Months Ended June 30, 2025		For the Twelve Months Ended June 30, 2024		Three Months Ended June 30, 2024		Six Months Ended June 30, 2024
	Total		Payments in Default (1)		Payments in Default (1)		Total		Payments in Default (1)		Payments in Default (1)
Commercial	$	20,731	$	11	$	123	$	4,685	$	1,784	$	1,784
Commercial real estate
Construction and development	—		—		—		2,486		—		—
Non-construction	752		—		—		2,644		639		2,443
Home equity	—		—		—		586		—		—
Residential real estate	1,144		—		700		417		384		384

Premium finance receivables—property & casualty	1,230		885		885		18		14		14
Total loans	$	23,857	$	896	$	1,708	$	10,836	$	2,821	$	4,625