LOANS AND LEASES (Tables)

3 Months Ended

Mar. 31, 2026

Financial Receivable Credit Quality Indicators

The following table sets forth the Company's loan portfolio at March 31, 2026 by risk attribute and origination date as well as current period gross chargeoffs:


(Dollars in thousands)	2026		2025		2024		2023		2022		Prior		Term Total		Revolving		Total
Commercial & industrial
Pass	$	390,410	$	1,118,060	$	606,291	$	494,695	$	400,138	$	501,498	$	3,511,092	$	1,046,448	$	4,557,540
Special mention	1,467		7,774		2,510		11,217		6,342		14,183		43,493		27,018		70,511
Substandard	2,882		6,713		8,808		4,538		5,118		9,239		37,298		28,437		65,735
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	394,759	$	1,132,547	$	617,609	$	510,450	$	411,598	$	524,920	$	3,591,883	$	1,101,903	$	4,693,786
YTD Gross chargeoffs	$	0	$	363	$	308	$	8,762	$	1,183	$	10	$	10,626	$	162	$	10,788
Lease financing
Pass	$	48,521	$	223,331	$	179,652	$	135,312	$	44,685	$	9,049	$	640,550	$	0	$	640,550
Special mention	0		0		335		1,941		0		294		2,570		0		2,570
Substandard	79		980		405		2,051		2,562		448		6,525		0		6,525
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	48,600	$	224,311	$	180,392	$	139,304	$	47,247	$	9,791	$	649,645	$	0	$	649,645
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	43	$	0	$	43	$	0	$	43
Construction real estate
Pass	$	18,072	$	236,547	$	167,702	$	50,365	$	63,810	$	3,120	$	539,616	$	1,629	$	541,245
Special mention	0		0		0		0		18,900		16,156		35,056		0		35,056
Substandard	0		0		0		0		14,064		715		14,779		0		14,779
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	18,072	$	236,547	$	167,702	$	50,365	$	96,774	$	19,991	$	589,451	$	1,629	$	591,080
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0


(Dollars in thousands)	2026		2025		2024		2023		2022		Prior		Term Total		Revolving		Total
Commercial real estate - investor
Pass	$	119,422	$	667,981	$	325,743	$	345,305	$	446,043	$	1,272,155	$	3,176,649	$	37,718	$	3,214,367
Special mention	0		18,934		729		546		292		29,754		50,255		0		50,255
Substandard	0		550		314		1,716		10,296		40,803		53,679		0		53,679
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	119,422	$	687,465	$	326,786	$	347,567	$	456,631	$	1,342,712	$	3,280,583	$	37,718	$	3,318,301
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Commercial real estate - owner
Pass	$	33,601	$	207,653	$	207,139	$	149,461	$	181,401	$	298,701	$	1,077,956	$	18,573	$	1,096,529
Special mention	1,523		2,252		4,077		5,592		1,569		11,802		26,815		0		26,815
Substandard	0		425		5,624		3,167		10,433		12,174		31,823		0		31,823
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	35,124	$	210,330	$	216,840	$	158,220	$	193,403	$	322,677	$	1,136,594	$	18,573	$	1,155,167
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	29	$	0	$	29	$	0	$	29
Residential real estate
Performing	$	46,277	$	96,487	$	176,203	$	315,731	$	360,366	$	816,905	$	1,811,969	$	0	$	1,811,969
Nonperforming	0		0		222		754		2,139		16,254		19,369		0		19,369
Total	$	46,277	$	96,487	$	176,425	$	316,485	$	362,505	$	833,159	$	1,831,338	$	0	$	1,831,338
YTD Gross chargeoffs	$	0	$	0	$	16	$	0	$	97	$	14	$	127	$	0	$	127
Home equity
Performing	$	10,604	$	39,278	$	25,310	$	18,714	$	16,906	$	60,415	$	171,227	$	847,512	$	1,018,739
Nonperforming	0		329		57		330		167		537		1,420		6,680		8,100
Total	$	10,604	$	39,607	$	25,367	$	19,044	$	17,073	$	60,952	$	172,647	$	854,192	$	1,026,839
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	61	$	44	$	105	$	14	$	119
Installment
Performing	$	13,596	$	13,464	$	9,448	$	15,648	$	20,874	$	14,716	$	87,746	$	72,058	$	159,804
Nonperforming	36		371		190		288		546		468		1,899		611		2,510
Total	$	13,632	$	13,835	$	9,638	$	15,936	$	21,420	$	15,184	$	89,645	$	72,669	$	162,314
YTD Gross chargeoffs	$	0	$	220	$	299	$	177	$	247	$	105	$	1,048	$	10	$	1,058
Credit cards
Performing	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	65,866	$	65,866
Nonperforming	0		0		0		0		0		0		0		505		505
Total	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	66,371	$	66,371
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	496	$	496
Total Loans	$	686,490	$	2,641,129	$	1,720,759	$	1,557,371	$	1,606,651	$	3,129,386	$	11,341,786	$	2,153,055	$	13,494,841
Total YTD Gross Chargeoffs	$	0	$	583	$	623	$	8,939	$	1,660	$	173	$	11,978	$	682	$	12,660

The following table sets forth the Company's loan portfolio at December 31, 2025 by risk attribute and origination date:


(Dollars in thousands)	2025		2024		2023		2022		2021		Prior		Term Total		Revolving		Total
Commercial & industrial
Pass	$	1,271,775	$	677,609	$	573,100	$	416,504	$	195,513	$	370,281	$	3,504,782	$	983,377	$	4,488,159
Special mention	11,034		2,951		3,605		3,426		15,620		1,964		38,600		28,194		66,794
Substandard	5,264		6,635		18,335		9,918		5,780		4,883		50,815		26,473		77,288
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	1,288,073	$	687,195	$	595,040	$	429,848	$	216,913	$	377,128	$	3,594,197	$	1,038,044	$	4,632,241
YTD Gross chargeoffs	$	900	$	1,223	$	8,702	$	9,133	$	1,272	$	455	$	21,685	$	290	$	21,975
Lease financing
Pass	$	219,775	$	198,664	$	150,630	$	45,917	$	7,589	$	2,852	$	625,427	$	0	$	625,427
Special mention	0		44		50		0		0		0		94		0		94
Substandard	903		261		4,212		7,053		459		118		13,006		0		13,006
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	220,678	$	198,969	$	154,892	$	52,970	$	8,048	$	2,970	$	638,527	$	0	$	638,527
YTD Gross chargeoffs	$	0	$	762	$	1,605	$	858	$	32	$	19	$	3,276	$	0	$	3,276
Construction real estate
Pass	$	156,573	$	157,874	$	111,375	$	124,429	$	17,642	$	44,313	$	612,206	$	887	$	613,093
Special mention	0		0		0		32,549		0		16,209		48,758		0		48,758
Substandard	0		0		0		14,368		0		1,120		15,488		0		15,488
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	156,573	$	157,874	$	111,375	$	171,346	$	17,642	$	61,642	$	676,452	$	887	$	677,339
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	245	$	245	$	0	$	245
Commercial real estate - investor
Pass	$	691,430	$	338,403	$	365,545	$	459,555	$	267,413	$	995,774	$	3,118,120	$	55,353	$	3,173,473
Special mention	18,990		586		0		293		0		9,554		29,423		0		29,423
Substandard	550		0		1,723		10,298		0		31,422		43,993		0		43,993
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	710,970	$	338,989	$	367,268	$	470,146	$	267,413	$	1,036,750	$	3,191,536	$	55,353	$	3,246,889
YTD Gross chargeoffs	$	0	$	0	$	0	$	433	$	0	$	3,105	$	3,538	$	0	$	3,538
Commercial real estate - owner
Pass	$	204,292	$	209,356	$	142,925	$	145,530	$	96,069	$	278,518	$	1,076,690	$	9,388	$	1,086,078
Special mention	2,268		2,865		2,132		1,574		3,497		12,484		24,820		492		25,312
Substandard	245		3,940		2,399		10,582		3,620		5,491		26,277		0		26,277
Doubtful	0		0		0		0		0		0		0		0		0
Total	$	206,805	$	216,161	$	147,456	$	157,686	$	103,186	$	296,493	$	1,127,787	$	9,880	$	1,137,667
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Residential real estate
Performing	$	138,000	$	198,224	$	335,419	$	362,690	$	287,576	$	488,914	$	1,810,823	$	0	$	1,810,823
Nonperforming	0		916		920		2,031		4,800		12,694		21,361		0		21,361
Total	$	138,000	$	199,140	$	336,339	$	364,721	$	292,376	$	501,608	$	1,832,184	$	0	$	1,832,184
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	119	$	48	$	167	$	0	$	167
Home equity
Performing	$	40,066	$	26,234	$	19,405	$	17,348	$	21,786	$	39,242	$	164,081	$	834,642	$	998,723
Nonperforming	341		173		335		178		70		603		1,700		4,781		6,481
Total	$	40,407	$	26,407	$	19,740	$	17,526	$	21,856	$	39,845	$	165,781	$	839,423	$	1,005,204
YTD Gross chargeoffs	$	0	$	0	$	43	$	0	$	8	$	229	$	280	$	93	$	373
Installment
Performing	$	16,087	$	10,578	$	18,085	$	25,692	$	22,197	$	22,037	$	114,676	$	70,995	$	185,671


(Dollars in thousands)	2025		2024		2023		2022		2021		Prior		Term Total		Revolving		Total
Nonperforming	449		167		49		402		753		505		2,325		698		3,023
Total	$	16,536	$	10,745	$	18,134	$	26,094	$	22,950	$	22,542	$	117,001	$	71,693	$	188,694
YTD Gross chargeoffs	$	270	$	1,053	$	1,128	$	1,692	$	638	$	37	$	4,818	$	14	$	4,832
Credit cards
Performing	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	64,979	$	64,979
Nonperforming	0		0		0		0		0		0		0		346		346
Total	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	65,325	$	65,325
YTD Gross chargeoffs	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	2,269	$	2,269
Total Loans	$	2,778,042	$	1,835,480	$	1,750,244	$	1,690,337	$	950,384	$	2,338,978	$	11,343,465	$	2,080,605	$	13,424,070
Total YTD Gross Chargeoffs	$	1,170	$	3,038	$	11,478	$	12,116	$	2,069	$	4,138	$	34,009	$	2,666	$	36,675

Loan Delinquency, including Nonaccrual Loans

Loan delinquency, including loans classified as nonaccrual, was as follows:


	As of March 31, 2026
(Dollars in thousands)	30 – 59 days past due		60 – 89 days past due		> 89 days past due		Total past due		Current		Total		> 89 days past due and still accruing
Loans
Commercial & industrial	$	13,298	$	2,709	$	10,424	$	26,431	$	4,667,355	$	4,693,786	$	552
Lease financing	733		5,457		4,736		10,926		638,719		649,645		316
Construction real estate	0		0		0		0		591,080		591,080		0
Commercial real estate-investor	546		0		41,053		41,599		3,276,702		3,318,301		0
Commercial real estate-owner	3,699		7,779		5,466		16,944		1,138,223		1,155,167		0
Residential real estate	3,068		1,154		4,290		8,512		1,822,826		1,831,338		0
Home equity	3,209		1,600		2,169		6,978		1,019,861		1,026,839		0
Installment	1,351		494		552		2,397		159,917		162,314		0
Credit card	575		369		500		1,444		64,927		66,371		498
Total	$	26,479	$	19,562	$	69,190	$	115,231	$	13,379,610	$	13,494,841	$	1,366


	As of December 31, 2025
(Dollars in thousands)	30 – 59 days past due		60 – 89 days past due		> 89 days past due		Total past due		Current		Total		> 89 days past due and still accruing
Loans
Commercial & industrial	$	7,894	$	3,176	$	3,829	$	14,899	$	4,617,342	$	4,632,241	$	0
Lease financing	1,884		283		4,088		6,255		632,272		638,527		0
Construction real estate	0		0		1,120		1,120		676,219		677,339		0
Commercial real estate-investor	3,540		3,613		36,273		43,426		3,203,463		3,246,889		0
Commercial real estate-owner	1,081		2,985		3,436		7,502		1,130,165		1,137,667		0
Residential real estate	6,338		248		5,975		12,561		1,819,623		1,832,184		0
Home equity	2,966		1,065		1,224		5,255		999,949		1,005,204		0
Installment	935		462		484		1,881		186,813		188,694		65
Credit card	860		272		347		1,479		63,846		65,325		346
Total	$	25,498	$	12,104	$	56,776	$	94,378	$	13,329,692	$	13,424,070	$	411

Schedule of Amortized Cost Basis and Financial Effect of Loan Modifications to Borrowers Experiencing Financial Difficulty

The following tables provide the amortized cost basis of FDMs that were granted modifications during the respective periods:



	Three months ended March 31, 2026
(Dollars in thousands)	Principal forgiveness		Payment delay		Term extension		Interest rate reduction		Combination: Term extension and interest rate reduction		Total		Percent of total class of loans
Commercial & industrial	$	0	$	6,341	$	1,193	$	0	$	0	$	7,534	0.16	%


Commercial real estate-investor	0		9,482		0		0		0		9,482		0.29	%
Commercial real estate-owner	0		0		550		0		0		550		0.05	%
Residential real estate	0		1,278		0		0		0		1,278		0.07	%
Home equity	0		911		0		0		0		911		0.09	%

Total	$	0	$	18,012	$	1,743	$	0	$	0	$	19,755	0.15	%


	Three months ended March 31, 2025
(Dollars in thousands)	Principal forgiveness		Payment delay		Term extension		Interest rate reduction		Combination: Term extension and interest rate reduction		Total		Percent of total class of loans
Commercial & industrial	$	0	$	0	$	240	$	0	$	0	$	240	0.01	%


Commercial real estate-investor	0		2,274		0		0		0		2,274		0.08	%

Residential real estate	0		657		0		0		0		657		0.04	%
Home equity	0		71		0		0		0		71		0.01	%

Total	$	0	$	3,002	$	240	$	0	$	0	$	3,242	0.03	%

The following table provides the financial effect of FDMs granted during the respective periods:


	Three months ended March 31, 2026
(Dollars in thousands)	Principal forgiveness		Weighted average interest rate reduction		Weighted average term extension
Commercial & industrial	$	0	0.00	%	0.4 years



Commercial real estate-owner	0		0.00	%	0.8 years



Total	$	0	0.00	%	0.5 years

	Three months ended March 31, 2025
(Dollars in thousands)	Principal forgiveness		Weighted average interest rate reduction		Weighted average term extension
Commercial & industrial	$	0	0.00	%	0.5 years







Total	$	0	0.00	%	0.5 years

Financing Receivable, Modified, Past Due

The Company closely monitors the performance of loans that are modified for borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table provides the performance of loans that have been modified during the twelve months preceding March 31, 2026 and 2025.


	Twelve months ended March 31, 2026
(Dollars in thousands)	Current		30 – 59 days past due		60 – 89 days past due		> 89 days past due		Total
Commercial & industrial	$	9,443	$	0	$	0	$	2,642	$	12,085


Commercial real estate-investor	9,768		0		0		264		10,032

Residential real estate	3,476		631		0		770		4,877
Home equity	1,487		156		0		32		1,675

Total	$	24,174	$	787	$	0	$	3,708	$	28,669


	Twelve months ended March 31, 2025
(Dollars in thousands)	Current		30 – 59 days past due		60 – 89 days past due		> 89 days past due		Total
Commercial & industrial	$	8,850	$	0	$	0	$	367	$	9,217

Construction real estate	10,500		0		0		0		10,500
Commercial real estate-investor	2,274		0		0		0		2,274

Residential real estate	1,547		700		137		57		2,441
Home equity	332		0		97		92		521

Total	$	23,503	$	700	$	234	$	516	$	24,953

Financing Receivable, Nonaccrual

The following table provides information on nonaccrual loans and leases:


	March 31, 2026						December 31, 2025
(Dollars in thousands)	Nonaccrual loans with a related ACL		Nonaccrual loans with no related ACL		Total nonaccrual		Nonaccrual loans with a related ACL		Nonaccrual loans with no related ACL		Total nonaccrual
Nonaccrual loans
Commercial & industrial	$	9,148	$	13,428	$	22,576	$	17,329	$	10,132	$	27,461
Lease financing	4,398		1,459		5,857		4,770		890		5,660
Construction real estate	0		715		715		0		1,120		1,120
Commercial real estate	20,321		29,160		49,481		15,977		29,613		45,590
Residential real estate	0		17,439		17,439		0		18,302		18,302
Home equity	0		3,687		3,687		0		2,927		2,927
Installment	0		786		786		0		748		748
Total nonaccrual loans	$	33,867	$	66,674	$	100,541	$	38,076	$	63,732	$	101,808

Schedule of Collateral Dependent Loans

The following table presents the amortized cost basis of collateral dependent loans by class of loan.


	March 31, 2026
	Type of Collateral
(Dollar in thousands)	Business assets		Commercial real estate		Equipment		Land		Residential real estate		Other		Total
Class of loan
Commercial & industrial	$	12,189	$	0	$	3,690	$	0	$	0	$	6,697	$	22,576
Lease financing	0		0		5,857		0		0		0		5,857
Construction real estate	0		715		0		0		0		0		715
Commercial real estate-investor	0		41,621		0		0		18		0		41,639
Commercial real estate-owner	0		7,842		0		0		0		0		7,842
Residential real estate	0		0		0		0		17,439		0		17,439
Home equity	0		0		0		0		3,687		0		3,687
Installment	0		0		0		0		0		786		786
Total	$	12,189	$	50,178	$	9,547	$	0	$	21,144	$	7,483	$	100,541


	December 31, 2025
	Type of Collateral
(Dollar in thousands)	Business assets		Commercial real estate		Equipment		Land		Residential real estate		Other		Total
Class of loan
Commercial & industrial	$	18,822	$	0	$	2,392	$	0	$	0	$	6,247	$	27,461
Lease financing	0		0		5,660		0		0		0		5,660
Construction real estate	0		1,120		0		0		0		0		1,120
Commercial real estate-investor	0		36,862		0		0		46		0		36,908
Commercial real estate-owner	0		8,682		0		0		0		0		8,682
Residential real estate	0		0		0		0		18,302		0		18,302
Home equity	0		0		0		0		2,927		0		2,927
Installment	0		0		0		0		0		748		748
Total	$	18,822	$	46,664	$	8,052	$	0	$	21,275	$	6,995	$	101,808

Components of lease investments

The components of the Company's net investments in direct financing and sales-type leases, which are included in Lease financing on the Consolidated Balance Sheets are as follows:


(Dollar in thousands)	March 31, 2026		December 31, 2025
Direct financing and sales-type leases
Lease receivables	$	640,031	$	627,742
Unguaranteed residual values	9,614		10,785
Total net investment in direct financing and sales-type leases	$	649,645	$	638,527

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

The remaining maturities of lease receivables were as follows:


(Dollars in thousands)	Direct financing and Sales-type
Remainder of 2026	$	151,409
2027	212,051
2028	155,115
2029	109,464
2030	59,806
Thereafter	35,133
Total lease payments	722,978
Less: unearned income	(82,947)
Net lease receivables	$	640,031

Changes in Other Real Estate Owned

Changes in OREO were as follows:


	Three months ended
	March 31,
(Dollars in thousands)		2026		2025
Balance at beginning of period		$	184	$	64
Additions
Commercial real estate		0		0
Residential real estate		54		149
Total additions		54		149
Disposals
Commercial real estate		0		0
Residential real estate		0		0
Total disposals		0		0
Valuation adjustment
Commercial real estate		0		0
Residential real estate		0		0
Total valuation adjustment		0		0
Balance at end of period		$	238	$	213