| Allowance for Credit Losses by Classification |
Changes in the allowance by loan category were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, 2026 | | (Dollars in thousands) | | Commercial & industrial | | Lease financing | | Construction real estate | | Commercial real estate | | Residential real estate | | Home equity | | Installment | | Credit card | | Total | | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Beginning balance | | $ | 75,155 | | | $ | 15,162 | | | $ | 16,951 | | | $ | 38,389 | | | $ | 18,084 | | | $ | 16,035 | | | $ | 3,874 | | | $ | 2,837 | | | $ | 186,487 | | | Initial allowance on purchased loans | | 1,734 | | | 0 | | | 0 | | | 907 | | | 54 | | | 42 | | | 1 | | | 91 | | | 2,829 | | | Provision for credit losses | | 4,271 | | | 100 | | | (2,650) | | | 4,928 | | | (1,940) | | | 587 | | | 80 | | | 654 | | | 6,030 | | | Loans charged off | | (10,788) | | | (43) | | | 0 | | | (29) | | | (127) | | | (119) | | | (1,058) | | | (496) | | | (12,660) | | | Recoveries | | 100 | | | 23 | | | 0 | | | 28 | | | 30 | | | 116 | | | 598 | | | 135 | | | 1,030 | | | Total net charge-offs | | (10,688) | | | (20) | | | 0 | | | (1) | | | (97) | | | (3) | | | (460) | | | (361) | | | (11,630) | | | Ending allowance for credit losses | | $ | 70,472 | | | $ | 15,242 | | | $ | 14,301 | | | $ | 44,223 | | | $ | 16,101 | | | $ | 16,661 | | | $ | 3,495 | | | $ | 3,221 | | | $ | 183,716 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, 2025 | | (Dollars in thousands) | | Commercial & industrial | | Lease financing | | Construction real estate | | Commercial real estate | | Residential real estate | | Home equity | | Installment | | Credit card | | Total | | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Beginning balance | | $ | 49,987 | | | $ | 13,079 | | | $ | 19,216 | | | $ | 35,721 | | | $ | 17,822 | | | $ | 14,774 | | | $ | 3,564 | | | $ | 2,628 | | | $ | 156,791 | | | | | | | | | | | | | | | | | | | | | | Provision for credit losses | | 8,470 | | | 1,183 | | | 348 | | | (1,108) | | | (660) | | | 300 | | | 313 | | | 295 | | | 9,141 | | | Loans charged off | | (8,178) | | | (1,454) | | | 0 | | | 0 | | | 0 | | | (86) | | | (1,321) | | | (474) | | | (11,513) | | | Recoveries | | 195 | | | 29 | | | 0 | | | 24 | | | 24 | | | 144 | | | 563 | | | 84 | | | 1,063 | | | Total net charge-offs | | (7,983) | | | (1,425) | | | 0 | | | 24 | | | 24 | | | 58 | | | (758) | | | (390) | | | (10,450) | | | Ending allowance for credit losses | | $ | 50,474 | | | $ | 12,837 | | | $ | 19,564 | | | $ | 34,637 | | | $ | 17,186 | | | $ | 15,132 | | | $ | 3,119 | | | $ | 2,533 | | | $ | 155,482 | |
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