
	March 31,		December 31,
	2026		2025
	(In thousands)
Real estate loans:
One-to-four family	$	2,543,588	$	2,558,252
Multifamily	1,669,232		1,677,613
Commercial real estate	2,472,993		2,513,260
Construction	520,753		469,438
Commercial business loans	752,246		766,792
Consumer loans:
Home equity loans and advances	249,487		255,126
Other consumer loans	2,850		2,895
Total gross loans	8,211,149		8,243,376
Purchased credit deteriorated ("PCD") loans	10,158		10,442
Net deferred loan costs, fees and purchased premiums and discounts	38,371		38,192
Loans receivable	$	8,259,678	$	8,292,010

The Company had no loans held-for-sale at March 31, 2026 and December 31, 2025. During the three months ended March 31, 2026, the Company sold $2.0 million and $252,000 of construction loans, and Small Business Administration ("SBA") loans included in commercial business loans held-for-sale, respectively, resulting in gross gains of $20,000 and no gross losses.

During the three months ended March 31, 2025, the Company sold $5.2 million, $2.0 million, and $5.5 million of one-to-four family real estate loans, construction loans, and SBA loans included in commercial business loans held-for-sale, respectively, resulting in gross gains of $515,000 and no gross losses.


	March 31, 2026
	30-59 Days		60-89 Days		90 Days or More		Total Past Due		Non-accrual		Current		Total
	(In thousands)
Real estate loans:
One-to-four family	$	12,473	$	9,438	$	4,007	$	25,918	$	9,330	$	2,517,670	$	2,543,588
Multifamily	1,122		845		10,791		12,758		—		1,656,474		1,669,232
Commercial real estate	5,074		—		4,524		9,598		16,962		2,463,395		2,472,993
Construction	—		—		—		—		—		520,753		520,753
Commercial business loans	20,594		1,650		7,617		29,861		14,250		722,385		752,246
Consumer loans:
Home equity loans and advances	1,444		183		632		2,259		833		247,228		249,487
Other consumer loans	1		—		—		1		—		2,849		2,850
Total loans	$	40,708	$	12,116	$	27,571	$	80,395	$	41,375	$	8,130,754	$	8,211,149


	December 31, 2025
	30-59 Days		60-89 Days		90 Days or More		Total Past Due		Non-accrual		Current		Total
	(In thousands)
Real estate loans:
One-to-four family	$	13,886	$	5,652	$	4,545	$	24,083	$	9,787	$	2,534,169	$	2,558,252
Multifamily	2,083		10,595		300		12,978		—		1,664,635		1,677,613
Commercial real estate	8,072		320		4,827		13,219		5,766		2,500,041		2,513,260
Construction	—		—		5,923		5,923		5,923		463,515		469,438
Commercial business loans	11,990		1,408		11,005		24,403		15,281		742,389		766,792
Consumer loans:
Home equity loans and advances	566		175		1,018		1,759		1,243		253,367		255,126
Other consumer loans	1		3		—		4		—		2,891		2,895
Total loans	$	36,598	$	18,153	$	27,618	$	82,369	$	38,000	$	8,161,007	$	8,243,376

The Company considers a loan to be delinquent when we have not received a payment within 30 days of its contractual due date, or when the Company does not expect to receive all principal and interest payments owed substantially in accordance with the terms of the loan agreement, regardless of the past due status. Non-accruing loans are returned to accrual status after there has been a sustained period of repayment performance and both principal and interest are deemed collectible. The Company identifies loans that may need to be charged-off as a loss by reviewing all delinquent loans, classified loans and other loans for which management may have concerns about collectability.

PCD loans were loans acquired at a discount primarily due to deteriorated credit quality. These loans were initially recorded at fair value at acquisition, based upon the present value of expected future cash flows, with no related allowance for credit losses. Loans acquired in a business combination are recorded in accordance with ASC Topic 326, which requires loans as of the acquisition date, which have experienced a more than insignificant deterioration in credit quality since origination, to be classified as PCD loans.

At both March 31, 2026 and December 31, 2025, PCD loans acquired in the Stewardship Financial Corporation ("Stewardship") acquisition totaled $1.1 million, PCD loans acquired in the Freehold Bank acquisition totaled $40,000 and $44,000, respectively, and PCD loans acquired in the RSI Bank acquisition totaled $8.2 million and $8.3 million, respectively. PCD loans acquired in conjunction with the purchase of equipment finance loans totaled $850,000 and $1.0 million, respectively, at March 31, 2026 and December 31, 2025, and charge-offs related to these purchased loans totaled and $3.2 million during the year ended December 31, 2025.

We may obtain physical possession of real estate collateralizing a residential mortgage loan via foreclosure. At March 31, 2026 the Company held one mixed use property with both commercial space and apartments, with a carrying value of $5.9 million in other real estate owned that was acquired through foreclosure during the quarter. At December 31, 2025, the Company held no real estate owned. At March 31, 2026, we had eight residential mortgage loans with carrying values totaling $2.4 million and four home equity loans with carrying values totaling $228,000, collateralized by residential real estate, which were in the process of foreclosure. At December 31, 2025, we had nine residential mortgage loans with carrying values totaling $2.5 million and four home equity loans with carrying value totaling $585,000, collateralized by residential real estate, which were in the process of foreclosure.

The balance of the allowance for credit losses is based on an expected loss methodology, referred to as the "CECL" methodology. The loan portfolio segmentation includes seven portfolio segments taking into consideration common loan attributes and risk characteristics, as well as historical reporting metrics and data availability. Accrued interest receivable on loans receivable is reported as a component of accrued interest receivable in the Consolidated Statement of Financial Condition, which totaled $34.7 million at both March 31, 2026 and December 31, 2025, and is excluded from the estimate of credit losses.

The determination of the allowance for credit losses (“ACL”) on loans is considered a critical accounting estimate by management because of the high degree of judgment involved in determining qualitative loss factors, the subjectivity of the assumptions used, and the potential for changes in the forecasted economic environment. The ACL is maintained at a level management considers adequate to provide for estimated losses and impairment based upon an evaluation of known and inherent risk in the loan portfolio. The ACL consists of two elements: (1) identification of loans that must be individually analyzed for impairment and (2) establishment of an ACL for loans collectively analyzed.

Portfolio segments are defined as the level at which an entity develops and documents a systematic methodology to determine its allowance for credit losses. Management developed segments for estimating losses based on the type of borrower and collateral which is generally based upon federal call report segmentation. The segments have been combined, or sub-segments have been added as needed to ensure loans of similar risk profiles are appropriately pooled.

We maintain a loan review system that provides a periodic review of the loan portfolio and the identification of individually analyzed loans. The ACL for individually analyzed loans is based on the fair value of collateral or cash flows. While management uses current information available to make such evaluations, future adjustments to the allowance may be necessary if economic conditions differ substantially from the assumptions used in making the evaluations.

The ACL quantitative allowance for each segment is measured using a discounted cash flow methodology incorporating an econometric, probability of default (“PD”) and loss given default (“LGD”) with distinct segment-specific multi-variate regression models applied. Expected credit losses are estimated over the life of the loans by measuring the difference between the net present value of modeled cash flows and amortized cost basis. Contractual cash flows over the contractual life of the loans are the basis for the modeled cash flows, adjusted for model defaults and expected prepayments and discounted at the loan-level effective interest rate. The contractual term excludes expected extensions, renewals, and modifications.

Management estimates the ACL using relevant and reliable information from internal and external sources, related to past events, current conditions, and a reasonable and supportable forecast. Historical credit loss experience for both the Company and its segment-specific peers provides the basis for the estimate of expected credit losses. Credit losses over a defined period are converted to PD rate curves through the use of segment-specific LGD risk factors that convert default rates to loss severity based on industry-level, observed relationships between the two variables for each segment, primarily due to the nature of the underlying collateral. These risk factors were assessed for reasonableness against the Company’s own loss experience and adjusted in certain cases when the relationship between the Company’s historical default and loss severity deviates from that of the wider industry. The historical PD curves, together with corresponding economic conditions, establish a quantitative relationship between economic conditions and loan performance through an economic cycle.

Using the historical relationship between economic conditions and loan performance, management’s expectation of future loan performance is incorporated using a single economic forecast of macroeconomic variables (i.e., unemployment, gross domestic product, vacancy, and home price index). This forecast is applied over a period that management has determined to be reasonable and supportable. Beyond the period over which management can develop or source a reasonable and supportable forecast, the model reverts to long-term average historical loss rates using a straight-line, time-based methodology. The Company's current forecast period is six quarters, with a four-quarter reversion period to long-term average historical loss rates.

After quantitative considerations, management applies additional qualitative adjustments that consider the expected impact of certain factors not fully captured in the quantitative reserve. Qualitative adjustments include but are not limited to concentrations of large loan balances, delinquency trends, change in collateral values within segments, and other considerations.

The ACL is established through the provision for credit losses that are charged to income, which is based upon an evaluation of estimated losses in the current loan portfolio, including the evaluation of individually analyzed loans. Charge-offs against the ACL are taken on loans where management determines that the collection of loan principal and interest is unlikely. Recoveries made on loans that have been charged-off are credited to the ACL. Although we believe we have established and maintained the ACL on loans at appropriate levels, changes in reserves may be necessary if actual economic and other conditions differ substantially from the forecast used in estimating the ACL.

Our financial results are affected by the changes in and the level of the ACL. This process involves our analysis of internal and external variables, and it requires that we exercise judgment to estimate an appropriate ACL. As a result of the uncertainty associated with this subjectivity, we cannot assure the precision of the amount reserved should we experience sizable loan losses in any particular period and/or significant changes in assumptions or economic conditions. We believe the primary risks inherent in the portfolio are a general decline in the economy, a decline in real estate market values, rising unemployment, increasing vacancy rates, and increases in interest rates in the absence of economic improvement or any other such factors. Any one or a combination of these events may adversely affect a borrower's ability to repay its loan, resulting in increased delinquencies and loan losses. Accordingly, we have recorded loan credit losses at a level which is estimated to represent the current risk in its loan portfolio.

For our non-performing loans, the allowance is determined on an individual basis using the present value of expected cash flows, or for collateral dependent loans, the fair value of the collateral less estimated costs to sell. We continue to assess the collateral of loans and update our appraisals on these loans on an annual basis. To the extent the property values decline, there could be additional losses on these non-performing assets, which may be material. Management considered these market conditions in deriving the estimated ACL. Should economic difficulties occur, the ultimate amount of loss could vary from our current estimate.


	March 31, 2026
	One-to-Four Family		Multifamily		Commercial Real Estate		Construction		Commercial Business		Home Equity Loans and Advances		Other Consumer Loans		Total
	(In thousands)
Allowance for credit losses:
Individually analyzed loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively analyzed loans	13,226		10,128		18,900		7,968		17,212		1,276		6		68,716
Loans acquired with deteriorated credit quality	3		—		30		—		12		—		—		45
Total	$	13,229	$	10,128	$	18,930	$	7,968	$	17,224	$	1,276	$	6	$	68,761

Total loans:
Individually analyzed loans	$	10,999	$	10,791	$	6,504	$	—	$	8,465	$	1,006	$	—	$	37,765
Collectively analyzed loans	2,532,589		1,658,441		2,466,489		520,753		743,781		248,481		2,850		8,173,384
Loans acquired with deteriorated credit quality	1,250		—		7,811		—		1,097		—		—		10,158
Total loans	$	2,544,838	$	1,669,232	$	2,480,804	$	520,753	$	753,343	$	249,487	$	2,850	$	8,221,307


	December 31, 2025
	One-to-Four Family		Multifamily		Commercial Real Estate		Construction		Commercial Business		Home Equity Loans and Advances		Other Consumer Loans		Total
	(In thousands)
Allowance for credit losses:
Individually analyzed loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Collectively analyzed loans	13,280		10,647		18,563		6,617		16,753		1,289		6		67,155
Loans acquired with deteriorated credit quality	3		—		29		—		14		—		—		46
Total	$	13,283	$	10,647	$	18,592	$	6,617	$	16,767	$	1,289	$	6	$	67,201

Total loans:
Individually analyzed loans	$	10,988	$	300	$	5,492	$	5,923	$	13,658	$	1,262	$	—	$	37,623
Collectively analyzed loans	2,547,264		1,677,313		2,507,768		463,515		753,134		253,864		2,895		8,205,753
Loans acquired with deteriorated credit quality	1,267		—		7,891		—		1,284		—		—		10,442
Total loans	$	2,559,519	$	1,677,613	$	2,521,151	$	469,438	$	768,076	$	255,126	$	2,895	$	8,253,818


	For the Three Months Ended March 31, 2025
	Amortized Cost		Interest Rate Reduction		Term Extension		Combination of Term Extension and Interest Rate Reduction		% of Total Class of Loans Receivable
	(In thousands)



Commercial business	$	5,445	$	673	$	2,000	$	2,772	0.89	%
Total loans	$	5,445	$	673	$	2,000	$	2,772	0.07	%

The Company closely monitors the performance of modifications of loans to borrowers experiencing financial difficulty to understand the effectiveness of these modification efforts. The Company did not extend any commitment to lend additional funds to borrowers experiencing financial difficulty whose loans had been modified during the three months ended March 31, 2026 and 2025.


	For the Three Months Ended March 31,
	One-to-Four Family		Multifamily		Commercial Real Estate		Construction		Commercial Business		Home Equity Loans and Advances		Other Consumer Loans		Totals
	(In thousands)
2026
Balance at beginning of period	$	13,283	$	10,647	$	18,592	$	6,617	$	16,767	$	1,289	$	6	$	67,201

Provision for (reversal of) credit losses	(55)		(519)		338		1,351		(211)		(18)		70		956
Recoveries	1		—		—		—		668		5		9		683
Charge-offs	—		—		—		—		—		—		(79)		(79)
Balance at end of period	$	13,229	$	10,128	$	18,930	$	7,968	$	17,224	$	1,276	$	6	$	68,761

2025
Balance at beginning of period	$	13,173	$	9,542	$	15,969	$	6,703	$	13,112	$	1,452	$	7	$	59,958


Provision for (reversal of) credit losses	(304)		421		1,519		(388)		1,873		(221)		33		2,933
Recoveries	1		—		1		1		97		33		1		134
Charge-offs	—		—		(77)		(53)		(825)		—		(36)		(991)
Balance at end of period	$	12,870	$	9,963	$	17,412	$	6,263	$	14,257	$	1,264	$	5	$	62,034


	At March 31, 2026
	Recorded Investment		Unpaid Principal Balance		Specific Allowance
	(In thousands)
With no allowance recorded:
Real estate loans:
One-to-four family	$	10,999	$	11,004	$	—
Multifamily	10,791		10,791		—
Commercial real estate	6,504		6,629		—

Commercial business loans	8,465		10,348		—
Consumer loans:
Home equity loans and advances	1,006		1,006		—
	37,765		39,778		—
With a specific allowance recorded:








	—		—		—
Total:
Real estate loans:
One-to-four family	10,999		11,004		—
Multifamily	10,791		10,791		—
Commercial real estate	6,504		6,629		—

Commercial business loans	8,465		10,348		—
Consumer loans:
Home equity loans and advances	1,006		1,006		—
Total loans	$	37,765	$	39,778	$	—


	At December 31, 2025
	Recorded Investment		Unpaid Principal Balance		Specific Allowance
	(In thousands)
With no allowance recorded:
Real estate loans:
One-to-four family	$	10,988	$	10,992	$	—
Multifamily	300		300		—
Commercial real estate	5,492		5,618		—
Construction	5,923		5,975		—
Commercial business loans	13,658		21,112		—
Consumer loans:
Home equity loans and advances	1,262		1,262		—
	37,623		45,259		—
With a specific allowance recorded:








	—		—		—
Total:
Real estate loans:
One-to-four family	10,988		10,992		—
Multifamily	300		300		—
Commercial real estate	5,492		5,618		—
Construction	5,923		5,975		—
Commercial business loans	13,658		21,112		—
Consumer loans:
Home equity loans and advances	1,262		1,262		—
	$	37,623	$	45,259	$	—


	For the Three Months Ended March 31,
	2026				2025
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
	(In thousands)
Real estate loans:
One-to-four family	$	10,994	$	23	$	9,376	$	—
Multifamily	5,546		—		3,898		—
Commercial real estate	5,998		6		5,717		38
Construction	2,962		—		2,952		—
Commercial business loans	11,062		28		10,291		—
Consumer loans:
Home equity loans and advances	1,134		6		464		—
Total loans	$	37,696	$	63	$	32,698	$	38

Management prepares an analysis each quarter that categorizes the entire loan portfolio by certain risk characteristics such as loan type (residential mortgage, commercial mortgage, construction, commercial business, etc.) and loan risk rating. The categorization of loans into risk categories is based upon relevant information about the borrower's ability to service their debt.

The Company utilizes a risk rating system to summarize its loan portfolio into categories with similar risk characteristics. Loans deemed to be “acceptable quality” are rated 1 through 4w, with a rating established for loans with minimal risk. Loans rated 4w are watch loans, which may have a potential concern that warrants increased oversight and tracking by management. We enhanced our level of scrutiny and focus regarding documentation related to credit risk rating benchmark guidelines that pertain to debt-service coverage ratios, LTV ratios, borrower strength, asset quality, and funded cash reserves. Other factors such as guarantees, market strength and remaining loan term and borrower equity are also reviewed and are factored into determining the credit risk rating assigned to each loan. Loans that are deemed to be of “questionable quality” are rated 5 (Special Mention) or 6 (Substandard). Loans with adverse classifications are rated 7 (Doubtful) or 8 (Loss). The risk ratings are also confirmed through periodic loan review examinations which are currently performed by both an independent third-party and the Company's credit risk review department. Results from examinations are presented to the Audit Committee of the Board of Directors.


	Loans by Year of Origination at March 31, 2026
	2026		2025		2024		2023		2022		Prior		Revolving Loans		Revolving Loans to Term Loans		Total
	(In thousands)
One-to-Four Family
Pass	$	31,265	$	94,578	$	103,691	$	145,445	$	695,351	$	1,462,270	$	—	$	—	$	2,532,600
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		1,198		1,837		3,004		4,949		—		—		10,988


Total One-to-Four Family	31,265		94,578		104,889		147,282		698,355		1,467,219		—		—		2,543,588
Gross charge-offs	—		—		—		—		—		—		—		—		—

Multifamily
Pass	67,513		232,641		35,503		136,864		344,306		831,754		—		—		1,648,581
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		10,595		10,056		—		—		20,651


Total Multifamily	67,513		232,641		35,503		136,864		354,901		841,810		—		—		1,669,232
Gross charge-offs	—		—		—		—		—		—		—		—		—

Commercial Real Estate
Pass	27,505		403,180		105,300		172,842		458,839		1,216,466		—		—		2,384,132
Special mention	—		—		—		—		3,787		9,155		—		—		12,942
Substandard	300		3,677		—		348		13,150		58,444		—		—		75,919


Total Commercial Real Estate	27,805		406,857		105,300		173,190		475,776		1,284,065		—		—		2,472,993
Gross charge-offs	—		—		—		—		—		—		—		—		—

Construction
Pass	23,330		145,332		136,582		127,296		53,497		—		—		—		486,037
Special mention	—		—		—		5,639		8,983		—		—		—		14,622
Substandard	—		—		—		20,094		—		—		—		—		20,094


Total Construction	23,330		145,332		136,582		153,029		62,480		—		—		—		520,753
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Loans by Year of Origination at March 31, 2026
	2026		2025		2024		2023		2022		Prior		Revolving Loans		Revolving Loans to Term Loans		Total
	(In thousands)
Commercial Business Loans
Pass	$	26,250	$	98,775	$	140,645	$	80,826	$	51,289	$	60,334	$	261,166	$	—	$	719,285
Special mention	—		—		—		—		—		363		175		—		538
Substandard	1,950		1,508		1,858		774		2,002		8,782		15,549		—		32,423


Total Commercial Business Loans	28,200		100,283		142,503		81,600		53,291		69,479		276,890		—		752,246
Gross charge-offs	—		—		—		—		—		—		—		—		—

Home Equity Loans and Advances
Pass	3,896		18,973		12,142		11,058		14,860		80,547		1,687		105,260		248,423
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		98		244		359		363		—		1,064


Total Home Equity Loans and Advances	3,896		18,973		12,142		11,156		15,104		80,906		2,050		105,260		249,487
Gross charge-offs	—		—		—		—		—		—		—		—		—

Other Consumer Loans
Pass	2,271		87		32		44		13		50		353		—		2,850
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—


Total Other Consumer Loans	2,271		87		32		44		13		50		353		—		2,850
Gross charge-offs	—		17		5		21		14		22		—		—		79

Total Loans	184,280		998,751		536,951		703,165		1,659,920		3,743,529		279,293		105,260		8,211,149
Total gross charge-offs	$	—	$	17	$	5	$	21	$	14	$	22	$	—	$	—	$	79


	Loans by Year of Origination at December 31, 2025
	2025		2024		2023		2022		2021		Prior		Revolving Loans		Revolving Loans to Term Loans		Total
	(In thousands)
One-to-Four Family
Pass	$	93,590	$	104,411	$	148,597	$	705,476	$	687,522	$	807,680	$	—	$	—	$	2,547,276
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		1,099		1,841		3,024		805		4,207		—		—		10,976


Total One-to-Four family	93,590		105,510		150,438		708,500		688,327		811,887		—		—		2,558,252
Gross charge-offs	—		—		—		—		—		—		—		—		—

Multifamily
Pass	233,695		32,267		135,839		345,763		316,250		562,566		—		—		1,626,380
Special mention	—		—		—		—		40,638		—		—		—		40,638
Substandard	—		—		—		10,595		—		—		—		—		10,595


Total Multifamily	233,695		32,267		135,839		356,358		356,888		562,566		—		—		1,677,613
Gross charge-offs	—		—		—		—		—		—		—		—		—

Commercial Real Estate
Pass	410,896		113,417		173,838		459,278		357,327		923,667		—		—		2,438,423
Special mention	—		—		—		7,007		—		9,222		—		—		16,229
Substandard	3,692		—		350		12,258		1,486		40,822		—		—		58,608


Total Commercial Real Estate	414,588		113,417		174,188		478,543		358,813		973,711		—		—		2,513,260
Gross charge-offs	—		—		—		77		42		—		—		—		119

Construction
Pass	128,667		118,823		146,996		67,146		—		—		—		—		461,632
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		1,883		5,923		—		—		—		—		7,806


Total Construction	128,667		118,823		148,879		73,069		—		—		—		—		469,438
Gross charge-offs	$	—	$	—	$	—	$	53	$	—	$	—	$	—	$	—	$	53


	Loans by Year of Origination at December 31, 2025
	2025		2024		2023		2022		2021		Prior		Revolving Loans		Revolving Loans to Term Loans		Total
	(In thousands)
Commercial Business Loans
Pass	$	111,377	$	142,106	$	86,839	$	58,117	$	24,846	$	41,814	$	266,563	$	—	$	731,662
Special mention	—		—		—		—		—		44		100		—		144
Substandard	1,512		1,662		1,263		2,106		582		7,130		20,731		—		34,986


Total Commercial Business Loans	112,889		143,768		88,102		60,223		25,428		48,988		287,394		—		766,792
Gross charge-offs	295		634		926		2,097		753		2,182		—		—		6,887

Home Equity Loans and Advances
Pass	19,850		13,049		11,818		15,368		13,334		71,446		37,417		71,582		253,864
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		49		248		—		597		368		—		1,262


Total Home Equity Loans and Advances	19,850		13,049		11,867		15,616		13,334		72,043		37,785		71,582		255,126
Gross charge-offs	—		—		—		—		—		—		—		—		—

Other Consumer Loans
Pass	2,381		37		49		24		—		50		354		—		2,895
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—


Total Other Consumer Loans	2,381		37		49		24		—		50		354		—		2,895
Gross charge-offs	1		13		58		40		43		10		—		—		165

Total Loans	1,005,660		526,871		709,362		1,692,333		1,442,790		2,469,245		325,533		71,582		8,243,376
Total gross charge-offs	$	296	$	647	$	984	$	2,267	$	838	$	2,192	$	—	$	—	$	7,224

The Company is required to include unfunded commitments that are expected to be funded in the future within the allowance calculation, other than those that are unconditionally cancellable. To arrive at that reserve, the percentage for each applicable segment is applied to the unused portion of the expected commitment balance and is multiplied by the expected funding rate. To determine the expected funding rate, the Company uses a historical utilization rate for each segment. The allowance for credit losses for off-balance-sheet exposures is reported in other liabilities in the Consolidated Statements of Financial Condition. The liability represents an estimate of expected credit losses arising from off-balance-sheet exposures such as unfunded commitments. At March 31, 2026 and December 31, 2025, the balance of the allowance for credit losses on unfunded commitments, included in other liabilities, totaled $4.2 million and $3.9 million, respectively. The Company recorded provision for credit losses on unfunded commitments, included in other non-interest expense in the Consolidated Statements of Income of $266,000 and $468,000 during the three months ended March 31, 2026 and 2025, respectively.