v3.26.1
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Summary of Composition of Loan Portfolio by Loan Class
The following table illustrates the composition of the Corporation’s loan portfolio by loan class as of the dates indicated.
June 30, 2026December 31, 2025
Commercial and industrial loans$4,720,441 $4,478,282 
Agricultural land, production and other loans to farmers323,348 283,125 
Real estate loans:
Construction874,419 804,775 
Commercial real estate, non-owner occupied3,271,620 2,338,666 
Commercial real estate, owner occupied1,368,627 1,237,100 
Residential2,361,480 2,420,310 
Home equity1,118,662 710,980 
Individuals' loans for household and other personal expenditures149,878 155,436 
Public finance and other commercial loans1,342,262 1,363,033 
Loans$15,530,737 $13,791,707 
Summary of Credit Quality of Loan Portfolio by Loan Class
The following tables summarize the risk grading of the Corporation’s loan portfolio and gross charge-offs by loan class and by year of origination for the periods indicated. Consumer loans are not risk graded. For the purposes of this disclosure, consumer loans are classified in the following manner: loans that are less than 30 days past due are Pass, loans 30-89 days past due are Special Mention and loans greater than 89 days past due are Substandard.  The entire balance of a loan is considered delinquent if the minimum payment contractually required to be made is not received by the specified due date.
June 30, 2026
Term Loans (amortized cost basis by origination year)
20262025202420232022PriorRevolving loans amortized cost basisRevolving loans converted to termTotal
Commercial and industrial loans
Pass$466,817 $1,182,789 $585,824 $198,497 $114,033 $199,661 $1,667,871 $429 $4,415,921 
Special Mention214 4,037 17,049 18,538 8,018 6,876 84,008 — 138,740 
Substandard4,841 2,868 24,845 3,847 4,725 28,646 51,727 — 121,499 
Doubtful— 27,121 590 — — 11,256 5,314 — 44,281 
Total Commercial and industrial loans471,872 1,216,815 628,308 220,882 126,776 246,439 1,808,920 429 4,720,441 
Current period gross charge-offs— 3,294 633 733 1,807 4,764 — — 11,231 
Agricultural land, production and other loans to farmers
Pass33,420 62,738 24,635 20,446 27,322 73,048 73,820 — 315,429 
Special Mention— 400 — — — — 2,250 — 2,650 
Substandard— 600 2,157 88 16 1,451 957 — 5,269 
Total Agricultural land, production and other loans to farmers33,420 63,738 26,792 20,534 27,338 74,499 77,027 — 323,348 
Real estate loans:
Construction
Pass75,598 344,291 281,794 100,568 16,976 15,514 18,110 — 852,851 
Special Mention— 9,536 — — 35 — — — 9,571 
Substandard— — — — 11,667 330 — — 11,997 
Total Construction75,598 353,827 281,794 100,568 28,678 15,844 18,110 — 874,419 
Commercial real estate, non-owner occupied
Pass226,178 523,756 299,785 323,063 535,571 1,140,422 28,697 — 3,077,472 
Special Mention— 9,128 8,730 39,842 3,808 29,318 60 — 90,886 
Substandard— 54,243 29,788 5,856 5,351 8,024 — — 103,262 
Total Commercial real estate, non-owner occupied226,178 587,127 338,303 368,761 544,730 1,177,764 28,757 — 3,271,620 
Current period gross charge-offs— 3,468 — — — — — — 3,468 
Commercial real estate, owner occupied
Pass144,339 282,324 144,262 125,596 145,183 408,099 46,685 — 1,296,488 
Special Mention395 2,591 3,127 5,440 6,033 11,074 549 — 29,209 
Substandard1,940 3,267 16,169 2,613 9,048 9,600 293 — 42,930 
Total Commercial real estate, owner occupied146,674 288,182 163,558 133,649 160,264 428,773 47,527 — 1,368,627 
Current period gross charge-offs— — — 57 5 211 — — 273 
Residential
Pass169,892 312,355 179,954 363,070 508,030 772,020 3,660 768 2,309,749 
Special Mention— 900 1,141 4,266 7,655 9,320 — 25 23,307 
Substandard— 1,428 1,136 4,962 6,975 10,042 3,193 — 27,736 
Doubtful— — 234 — — 108 346 — 688 
Total Residential169,892 314,683 182,465 372,298 522,660 791,490 7,199 793 2,361,480 
Current period gross charge-offs— 137 22 279 311 279 — — 1,028 
Home equity
Pass1,275 8,396 3,806 4,615 20,353 50,168 1,003,997 8,765 1,101,375 
Special Mention— 38 9 — 183 473 11,454 35 12,192 
Substandard— — — 659 53 701 3,474 208 5,095 
Total Home Equity1,275 8,434 3,815 5,274 20,589 51,342 1,018,925 9,008 1,118,662 
Current period gross charge-offs— — 6 7 24 268 — — 305 
Individuals' loans for household and other personal expenditures
Pass22,454 29,693 13,789 9,634 15,038 5,239 51,820 1,098 148,765 
Special Mention5 259 133 282 67 58 309 — 1,113 
Total Individuals' loans for household and other personal expenditures22,459 29,952 13,922 9,916 15,105 5,297 52,129 1,098 149,878 
Current period gross charge-offs37 335 349 216 85 89 — — 1,111 
Public finance and other commercial loans
Pass25,126 98,321 142,871 55,548 203,497 579,843 236,845 — 1,342,051 
Substandard— — — — — 211 — — 211 
Total Public finance and other commercial loans25,126 98,321 142,871 55,548 203,497 580,054 236,845 — 1,342,262 
Loans$1,172,494 $2,961,079 $1,781,828 $1,287,430 $1,649,637 $3,371,502 $3,295,439 $11,328 $15,530,737 
Total current period gross charge-offs$37 $7,234 $1,010 $1,292 $2,232 $5,611 $— $— $17,416 
December 31, 2025
Term Loans (amortized cost basis by origination year)
20252024202320222021PriorRevolving loans amortized cost basisRevolving loans converted to termTotal
Commercial and industrial loans
Pass$1,518,095 $710,695 $236,596 $115,775 $69,834 $65,800 $1,540,939 $— $4,257,734 
Special Mention9,552 34,613 7,683 3,246 4,041 479 40,986 — 100,600 
Substandard1,587 17,140 2,671 2,980 11,710 19,116 62,556 — 117,760 
Doubtful401 582 — — — — 1,205 — 2,188 
Total Commercial and industrial loans1,529,635 763,030 246,950 122,001 85,585 85,395 1,645,686 — 4,478,282 
Current period gross charge-offs7,981 1,348 2,434 264 3,685 1,964 — — 17,676 
Agricultural land, production and other loans to farmers
Pass62,959 18,469 20,924 24,465 22,246 42,529 80,039 — 271,631 
Special Mention590 1,636 22 499 — 1,478 1,182 — 5,407 
Substandard600 2,165 16 — — 2,085 1,221 — 6,087 
Total Agricultural land, production and other loans to farmers64,149 22,270 20,962 24,964 22,246 46,092 82,442 — 283,125 
Real estate loans:
Construction
Pass231,041 313,838 100,587 17,515 921 9,954 15,261 — 689,117 
Special Mention41,580 6,104 — — 8,683 — — — 56,367 
Substandard34,176 12,889 641 11,585 — — — — 59,291 
Total Construction306,797 332,831 101,228 29,100 9,604 9,954 15,261 — 804,775 
Current period gross charge-offs— 63 — — 1 — — — 64 
Commercial real estate, non-owner occupied
Pass482,587 259,106 292,161 258,662 367,482 458,340 31,841 — 2,150,179 
Special Mention59,566 36,106 340 3,633 2,308 4,715 100 — 106,768 
Substandard57,489 10,496 5,119 5,171 2,701 662 81 — 81,719 
Total Commercial real estate, non-owner occupied599,642 305,708 297,620 267,466 372,491 463,717 32,022 — 2,338,666 
Current period gross charge-offs— — — 451 — 16 — — 467 
Commercial real estate, owner occupied
Pass332,121 136,005 129,030 141,679 180,180 219,914 33,983 — 1,172,912 
Special Mention883 16,592 1,426 4,922 4,838 1,075 443 — 30,179 
Substandard— 13,510 5,328 5,732 1,061 7,826 260 — 33,717 
Doubtful— 292 — — — — — — 292 
Total Commercial real estate, owner occupied333,004 166,399 135,784 152,333 186,079 228,815 34,686 — 1,237,100 
Current period gross charge-offs— 243 152 — — 4 — — 399 
Residential
Pass310,019 167,128 389,574 613,787 352,662 528,875 7,188 46 2,369,279 
Special Mention345 1,312 6,116 9,565 5,993 4,926 346 — 28,603 
Substandard328 1,411 4,517 7,145 4,840 3,919 268 — 22,428 
Total Residential310,692 169,851 400,207 630,497 363,495 537,720 7,802 46 2,420,310 
Current period gross charge-offs— 114 814 737 102 163 — — 1,930 
Home equity
Pass10,173 3,020 3,431 21,442 42,749 10,194 608,020 1,470 700,499 
Special Mention— 674 — 297 447 59 5,097 329 6,903 
Substandard60 — — 90 304 377 2,637 110 3,578 
Total Home Equity10,233 3,694 3,431 21,829 43,500 10,630 615,754 1,909 710,980 
Current period gross charge-offs— 92 8 653 563 204 — — 1,520 
Individuals' loans for household and other personal expenditures
Pass40,478 16,525 12,010 19,038 5,067 3,961 55,751 1,649 154,479 
Special Mention108 139 174 113 152 16 115 140 957 
Total Individuals' loans for household and other personal expenditures40,586 16,664 12,184 19,151 5,219 3,977 55,866 1,789 155,436 
Current period gross charge-offs307 618 612 396 149 83 — — 2,165 
Public finance and other commercial loans
Pass134,004 144,742 52,795 198,964 185,906 407,974 238,648 — 1,363,033 
Total Public finance and other commercial loans134,004 144,742 52,795 198,964 185,906 407,974 238,648 — 1,363,033 
Loans$3,328,742 $1,925,189 $1,271,161 $1,466,305 $1,274,125 $1,794,274 $2,728,167 $3,744 $13,791,707 
Total current period gross charge-offs$8,288 $2,478 $4,020 $2,501 $4,500 $2,434 $— $— $24,221 
The tables below present the amortized cost basis of collateral dependent loans by loan class and their respective collateral type, which are individually evaluated to determine expected credit losses. The total collateral dependent loan balance increased $19.9 million from December 31, 2025, primarily related to increases of $24.5 million and $5.1 million in the commercial and industrial and commercial real estate, owner occupied loan classes, respectively. The increase was partially offset by a decrease of $12.4 million in the construction loan class. The total related allowance balance increased $10.1 million from December 31, 2025, primarily related to an increase of $10.9 million in the commercial and industrial loan class. The increase was partially offset by a decrease of $2.1 million in the commercial real estate, non-owner occupied loan class.
June 30, 2026
Commercial Real EstateResidential Real EstateBusiness Assets and OtherTotal Allowance on Collateral Dependent Loans
Commercial and industrial loans$— $— $62,589 $62,589 $24,080 
Real estate loans:
Construction— 10,060 — 10,060 167 
Commercial real estate, non-owner occupied16,479 — — 16,479 1,819 
Commercial real estate, owner occupied10,626 — — 10,626 934 
Residential— 1,864 — 1,864 318 
Home equity— 696 — 696 17 
Loans$27,105 $12,620 $62,589 $102,314 $27,335 


December 31, 2025
Commercial Real EstateResidential Real EstateBusiness Assets and OtherTotalAllowance on Collateral Dependent Loans
Commercial and industrial loans$— $— $38,063 $38,063 $13,157 
Real estate loans:
Construction— 22,482 — 22,482 — 
Commercial real estate, non-owner occupied15,161 — — 15,161 3,938 
Commercial real estate, owner occupied5,511 — — 5,511 — 
Residential— 1,023 — 1,023 166 
Home equity— 145 — 145 19 
Loans$20,672 $23,650 $38,063 $82,385 $17,280 
Summary of Past Due Aging of Loan Portfolio by Loan Class The tables below show a past due aging of the Corporation’s loan portfolio, by loan class, as of the dates indicated.
June 30, 2026
Current30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More Past DueTotalLoans > 90 Days or More Past Due
and Accruing
Commercial and industrial loans$4,693,372 $16,064 $1,107 $9,898 $4,720,441 $3,444 
Agricultural land, production and other loans to farmers322,235 — 138 975 323,348 976 
Real estate loans:
Construction858,706 34 5,765 9,914 874,419 130 
Commercial real estate, non-owner occupied3,245,491 6,149 6,549 13,431 3,271,620 4,745 
Commercial real estate, owner occupied1,348,570 10,223 2,403 7,431 1,368,627 410 
Residential2,314,948 14,907 7,372 24,253 2,361,480 9 
Home equity1,101,834 8,759 3,219 4,850 1,118,662 24 
Individuals' loans for household and other personal expenditures148,767 654 457 — 149,878 — 
Public finance and other commercial loans1,342,262 — — — 1,342,262 — 
Loans$15,376,185 $56,790 $27,010 $70,752 $15,530,737 $9,738 

December 31, 2025
Current30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More Past DueTotalLoans > 90 Days or More Past Due
and Accruing
Commercial and industrial loans$4,459,842 $7,194 $1,160 $10,086 $4,478,282 $313 
Agricultural land, production and other loans to farmers282,411 480 — 234 283,125 — 
Real estate loans:
Construction780,999 — — 23,776 804,775 1,295 
Commercial real estate, non-owner occupied2,318,624 19,125 345 572 2,338,666 — 
Commercial real estate, owner occupied1,227,448 4,295 2,880 2,477 1,237,100 — 
Residential2,372,637 17,182 9,536 20,955 2,420,310 434 
Home equity701,360 4,717 1,427 3,476 710,980 — 
Individuals' loans for household and other personal expenditures154,479 738 219 — 155,436 — 
Public finance and other commercial loans1,363,033 — — — 1,363,033 — 
Loans$13,660,833 $53,731 $15,567 $61,576 $13,791,707 $2,042 
Summary of Non-Accrual Loans by Loan class
The following table summarizes the Corporation’s nonaccrual loans by loan class as of the dates indicated. At June 30, 2026, nonaccrual loans totaled $118.2 million, an increase of $46.4 million from December 31, 2025, primarily attributable to the placement of two commercial lending relationships, totaling $41.8 million, on nonaccrual status during the second quarter of 2026.

June 30, 2026December 31, 2025
Nonaccrual LoansNonaccrual Loans with no Allowance for Credit LossesNonaccrual LoansNonaccrual Loans with no Allowance for Credit Losses
Commercial and industrial loans$51,072 $575 $10,548 $2,174 
Agricultural land, production and other loans to farmers192 — 250 — 
Real estate loans:
Construction9,775 9,775 22,481 22,482 
Commercial real estate, non-owner occupied8,857 — 837 — 
Commercial real estate, owner occupied8,415 6,288 3,705 3,188 
Residential33,205 155 29,774 — 
Home equity6,581 560 4,158 — 
Individuals' loans for household and other personal expenditures18 — 20 — 
Public finance and other commercial loans88 — — — 
Loans$118,203 $17,353 $71,773 $27,844 
Summary of Modified Loans The following tables present the amortized cost basis of loans at June 30, 2026 and 2025 that were both experiencing financial difficulty and modified during the three and six months ended June 30, 2026 and 2025, by class and by type of modification. For the three and six months ended June 30, 2026 and 2025, the tables below exclude loan modifications considered insignificant. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below.
Three Months Ended June 30, 2026
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Term ExtensionCombination Payment Delay & Term Extension% of Total Class of Financing Receivable
Commercial and industrial loans$2,950 $— 0.06 %
Real estate loans:
Commercial real estate, owner occupied2,922 — 0.21 %
Home equity— 374 0.03 %
Total$5,872 $374 


Three Months Ended June 30, 2025
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$— $3,691 $— $— $— 0.08 %
Real estate loans:
Commercial real estate, non-owner occupied— 14,112 38,244 6,008 — 2.69 %
Residential459 — — — 1,286 0.07 %
Total$459 $17,803 $38,244 $6,008 $1,286 

Six Months Ended June 30, 2026
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$7,217 $8,647 $14,540 $— $— 0.64 %
Real estate loans:
Construction— 1,892 — — — 0.22 %
Commercial real estate, non-owner occupied5,092 1,560 — 962 — 0.23 %
Commercial real estate, owner occupied— 2,922 — — — 0.21 %
Residential282 — — — 357 0.03 %
Home Equity— — 374 — — 0.03 %
Total$12,591 $15,021 $14,914 $962 $357 

Six Months Ended June 30, 2025
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction, Term Extension, & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$— $7,504 $— $— $— 0.17 %
Real estate loans:
Commercial real estate, non-owner occupied— 14,112 38,244 6,008 — 2.69 %
Residential725 — — — 1,286 0.08 %
Total$725 $21,616 $38,244 $6,008 $1,286 
The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and six months ended June 30, 2026 and 2025.

Three Months Ended June 30, 2026
Financial Effect of Loan Modifications
Term ExtensionCombination Payment Delay & Term Extension
Commercial and industrial loans
Extended loans by a weighted average of 75 months.
Real estate loans:
Commercial real estate, owner occupied
Extended loans by a weighted average of 12 months.
Home equity
Provided payment deferrals with weighted average delayed amounts of $63 and extended loans by a weighted average of 60 months.


Three Months Ended June 30, 2025
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionInterest Rate ReductionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Extended loans by a weighted average of 4 months.
Real estate loans:
Commercial real estate, non-owner occupied
Extended loans by a weighted average of 6 months.
Reduced the weighted average contractual interest rate from 7.58% to 6.93%.
Reduced the weighted average contractual interest rate from 14.00% to 7.00% and extended loans by a weighted average of 16 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $36.
Reduced the weighted average contractual interest rate from 4.50% to 2.50%, extended loans by a weighted average of 68 months, and provided payment deferrals with weighted average delayed amounts of $8.
Six Months Ended June 30, 2026
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Provided payment deferrals with weighted average delayed amounts of $374.
Extended loans by a weighted average of 30 months.
Provided payment deferrals with weighted average delayed amounts of $909 and extended loans by a weighted average of 6 months.
Real estate loans:
Construction
Extended loans by a weighted average of 12 months.
Commercial real estate, non-owner occupied
Provided payment deferrals with weighted average delayed amounts of $67.
Extended loans by a weighted average of 6 months.
Reduced the weighted average contractual interest rate from 7.16% to 5.86% and extended loans by a weighted average of 60 months.
Commercial real estate, owner occupied
Extended loans by a weighted average of 12 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $19.
Reduced the weighted average contractual interest rate from 6.75% to 2.00%, extended loans by a weighted average of 120 months, and provided payment deferrals with weighted average delayed amounts of $13.
Home equity
Provided payment deferrals with weighted average delayed amounts of $63 and extended loans by a weighted average of 60 months.

Six Months Ended June 30, 2025
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionInterest Rate ReductionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Extended loans by a weighted average of 4 months.
Real estate loans:
Commercial real estate, non-owner occupied
Extended loans by a weighted average of 6 months.
Reduced the weighted average contractual interest rate from 7.58% to 6.93%.
Reduced the weighted average contractual interest rate from 14.00% to 7.00%. Extended loans by a weighted average of 16 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $25.
Reduced the weighted average contractual interest rate from 4.50% to 2.50%, extended loans by a weighted average of 68 months, and provided payment deferrals with weighted average delayed amounts of $8.
The Corporation closely monitors the performance of financial difficulty loan modifications to understand the effectiveness of its efforts. The following tables present the performance of financial difficulty loan modifications in the twelve months following modification.

June 30, 2026
Current30-59 Days Past Due90+ Days Past DueTotal
Commercial and industrial loans$32,911 $— $359 $33,270 
Real estate loans:
Construction1,892 — — 1,892 
Commercial real estate, non-owner occupied4,044 5,093 8,656 17,793 
Commercial real estate, owner occupied2,922 — — 2,922 
Residential1,872 — — 1,872 
Home equity374 — — 374 
Total$44,015 $5,093 $9,015 $58,123 

June 30, 2025
Current30-59 Days Past Due60-89 Days Past Due90+ Days Past DueTotal
Commercial and industrial loans$14,186 $2,831 $448 $501 $17,966 
Agricultural land, production and other loans to farmers2,194 — — — 2,194 
Real estate loans:
Construction6,425 — — — 6,425 
Commercial real estate, non-owner occupied58,364 — — — 58,364 
Commercial real estate, owner occupied2,153 — — 3,573 5,726 
Residential3,717 576 412 702 5,407 
Home equity138 — — — 138 
Total$87,177 $3,407 $860 $4,776 $96,220 
Summary of Purchase Deteriorated Loans The carrying amount of those loans is shown in the table below:
First Savings
Purchase price of PCD loans at acquisition$14,869 
CECL Day 1 PCD ACL - loans7,067 
Par value of acquired PCD loans at acquisition$21,936 
Summary of Changes in Allowance for Loan Losses The following tables summarize changes in the allowance for credit losses by loan segment for the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30, 2026
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, March 31, 2026$106,894 $56,721 $6,346 $42,559 $212,520 
Provision for credit losses - loans31,220 1,772 (1,813)1,821 33,000 
Recoveries on loans1,269 5 1 1,057 2,332 
Loans charged off(1,358)(3,547)— (1,332)(6,237)
Balances, June 30, 2026$138,025 $54,951 $4,534 $44,105 $241,615 

Three Months Ended June 30, 2025
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, March 31, 2025$99,982 $46,336 $11,541 $34,172 $192,031 
Provision for credit losses - loans(406)(83)(2,735)8,824 5,600 
Recoveries on loans1,514 98 — 324 1,936 
Loans charged off(2,106)(74)(63)(2,008)(4,251)
Balances, June 30, 2025$98,984 $46,277 $8,743 $41,312 $195,316 

Six Months Ended June 30, 2026
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, December 31, 2025$104,435 $45,541 $5,470 $40,151 $195,597 
Provision for credit losses - loans38,384 4,346 (2,141)(2,689)37,900 
CECL Day 1 PSL ACL - loans2,293 5,357 562 7,000 15,212 
CECL Day 1 PCD ACL - loans2,488 3,368 641 570 7,067 
Recoveries on loans1,656 80 2 1,517 3,255 
Loans charged off(11,231)(3,741)— (2,444)(17,416)
Balances, June 30, 2026$138,025 $54,951 $4,534 $44,105 $241,615 

Six Months Ended June 30, 2025
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, December 31, 2024$94,757 $51,099 $9,784 $37,117 $192,757 
Provision for credit losses - loans8,748 (4,450)(978)6,480 9,800 
Recoveries on loans2,452 103 — 637 3,192 
Loans charged off(6,973)(475)(63)(2,922)(10,433)
Balances, June 30, 2025$98,984 $46,277 $8,743 $41,312 $195,316 
Summary of Financial Instruments with Off-balance Sheet Risk
Financial instruments with off-balance sheet risk were as follows:
June 30, 2026December 31, 2025
Amounts of commitments:
Loan commitments to extend credit$5,971,657 $5,586,510 
Standby letters of credit$93,827 $73,997 
Summary of Allowance for Credit Losses, Off-balance Sheet
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Balance, beginning of period$18,500 $18,000 $18,000 $18,000 
Day 1 allowance for credit losses - unfunded commitments— — 500 — 
Balance, end of period$18,500 $18,000 $18,500 $18,000