As of June 30, 2026, the ACL was $475 million, a decrease of $10 million from the December 31, 2025 balance of $485 million. The change in the ACL primarily reflects credit migration trends and changes in the economic assumptions incorporated into the Company's credit loss models. The Company estimates expected credit losses using internally developed models that project PD and LGD for loans and leases, incorporating forecasted economic conditions and relevant macroeconomic variables. Management evaluates multiple economic scenarios at each measurement date and selects the scenario determined to be most probable based on current economic conditions. Forecast assumptions are updated periodically and incorporated into the ACL calculation. Changes in projected macroeconomic variables over the forecast period may materially impact the ACL, with uncertainty increasing over longer projection horizons.

During the second quarter of 2026, the Company modified its ACL estimation methodology by transitioning from a DCF methodology to a non-DCF methodology across substantially all loan segments. The methodology change increased the quantitative ACL by $34 million at June 30, 2026. Additionally, the Company revised certain components of its qualitative adjustments, resulting in a $30 million reduction in the ACL. The impact of these updates was a net increase in the total ACL of $4 million as of June 30, 2026. The change in ACL methodology was accounted for prospectively as a change in estimate. The Company's ACL methodology is described in its Annual Report on Form 10-K for the year ended December 31, 2025. Refer to Note 5 – Allowance for Credit Losses for a discussion of the methodology changes implemented during the second quarter of 2026 and the Company's current ACL estimation approach.

Management reviewed the results derived from the economic scenarios and sensitivity analyses of changes in macroeconomic variables and considered these factors in evaluating qualitative adjustments. Along with the quantitative results produced by the models, management also considers prepayment speeds and other qualitative factors when determining the ACL. Qualitative adjustments are applied to address risks and uncertainties that may not be fully reflected in the modeled estimate, including changes in economic conditions, portfolio trends, concentrations of credit risk, and other internal and external factors that could affect expected credit losses. This approach helps ensure that the allowance remains appropriately resilient and responsive to emerging risks, thereby supporting the resilience of the Bank's credit portfolio. These qualitative adjustments supplement the modeled estimate and reflect management's assessment of risks and uncertainties that may not be fully captured by the quantitative analysis. As of June 30, 2026, the Company evaluated qualitative factors and applied a net upward adjustment to the quantitative results for the ACL as set forth above, reflecting risks and uncertainties similar to those considered as of December 31, 2025.

The following tables summarize activity related to the ACL by portfolio segment for the periods indicated:


	Three Months Ended June 30, 2026
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	212	$	208	$	33	$	6	$	459

Provision (recapture) for credit losses on loans and leases	6		34		(12)		1		29
Charge-offs	(1)		(32)		—		(2)		(35)
Recoveries	—		4		—		1		5
Net charge-offs	(1)		(28)		—		(1)		(30)
Balance, end of period	$	217	$	214	$	21	$	6	$	458
Reserve for unfunded commitments
Balance, beginning of period	$	11	$	6	$	1	$	1	$	19

Recapture of credit losses on unfunded commitments	(2)		—		—		—		(2)
Balance, end of period	9		6		1		1		17
Total allowance for credit losses	$	226	$	220	$	22	$	7	$	475

	Six Months Ended June 30, 2026
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	198	$	226	$	34	$	8	$	466

Provision (recapture) for credit losses on loans and leases	20		51		(13)		(1)		57
Charge-offs	(1)		(71)		—		(3)		(75)
Recoveries	—		8		—		2		10
Net charge-offs	(1)		(63)		—		(1)		(65)
Balance, end of period	$	217	$	214	$	21	$	6	$	458
Reserve for unfunded commitments
Balance, beginning of period	$	10	$	7	$	1	$	1	$	19

(Recapture) provision for credit losses on unfunded commitments	(1)		(1)		—		—		(2)
Balance, end of period	9		6		1		1		17
Total allowance for credit losses	$	226	$	220	$	22	$	7	$	475


	Three Months Ended June 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	168	$	214	$	32	$	7	$	421
(Recapture) provision for credit losses on loans and leases	(8)		34		2		1		29
Charge-offs	—		(33)		—		(1)		(34)
Recoveries	—		5		—		—		5
Net charge-offs	—		(28)		—		(1)		(29)
Balance, end of period	$	160	$	220	$	34	$	7	$	421
Reserve for unfunded commitments
Balance, beginning of period	$	8	$	7	$	1	$	1	$	17
Provision for credit losses on unfunded commitments	—		1		—		—		1
Balance, end of period	8		8		1		1		18
Total allowance for credit losses	$	168	$	228	$	35	$	8	$	439

	Six Months Ended June 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	154	$	219	$	45	$	7	$	425
(Recapture) provision for credit losses on loans and leases	6		58		(10)		1		55
Charge-offs	—		(66)		(1)		(2)		(69)
Recoveries	—		9		—		1		10
Net charge-offs	—		(57)		(1)		(1)		(59)
Balance, end of period	$	160	$	220	$	34	$	7	$	421
Reserve for unfunded commitments
Balance, beginning of period	$	6	$	7	$	2	$	1	$	16
Provision (recapture) for credit losses on unfunded commitments	2		1		(1)		—		2
Balance, end of period	8		8		1		1		18
Total allowance for credit losses	$	168	$	228	$	35	$	8	$	439

The Bank actively manages asset quality and controls credit risk through diversification of the loan and lease portfolio and the application of policies designed to promote sound underwriting and loan and lease monitoring practices. The Bank's Credit Quality Administration department is charged with monitoring asset quality, establishing credit policies and procedures, and enforcing the consistent application of these policies and procedures across the Bank. The Bank conducts ongoing reviews of non-performing, past due loans and leases and larger credits, designed to identify potential charges to the ACL, and to determine the adequacy of the ACL. These reviews incorporate a variety of factors, including the financial strength of borrowers, collateral valuations, loan and lease loss experience, estimated loan and lease losses, growth in the loan and lease portfolio, prevailing economic conditions, and other relevant factors.

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status when, in management's opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. As of June 30, 2026, there were no non-accrual loans and leases without a related ACL, compared to $2 million as of December 31, 2025. This excludes collateral-dependent loans and leases that had been written down to net realizable value, and therefore did not require an associated ACL, which totaled $91 million and $67 million, at June 30, 2026 and December 31, 2025, respectively. The remaining non-accrual loan balances were substantially covered by government guarantees. The Company recognized no interest income on non-accrual loans and leases during the three and six months ended June 30, 2026 and 2025.

The following tables present the carrying value of the loans and leases past due, by loan and lease class, as of the dates presented:


	June 30, 2026
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	9	$	1	$	—	$	10	$	40	$	7,534	$	7,584
Owner occupied term	6		2		4		12		56		7,337		7,405
Multifamily	10		6		—		16		—		10,106		10,122
Construction & development	—		—		—		—		—		1,529		1,529
Residential development	—		—		—		—		—		369		369
Commercial
Term	5		1		—		6		32		6,966		7,004
Lines of credit & other	24		6		—		30		36		3,728		3,794
Leases & equipment finance	15		14		4		33		16		1,568		1,617
Residential
Mortgage (1)	—		14		74		88		—		5,314		5,402
Home equity loans & lines	9		3		10		22		—		2,154		2,176
Consumer & other	—		—		—		—		—		164		164
Total, net of deferred fees and costs	$	78	$	47	$	92	$	217	$	180	$	46,769	$	47,166


	December 31, 2025
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	2	$	—	$	—	$	2	$	29	$	8,175	$	8,206
Owner occupied term	6		5		1		12		21		7,281		7,314
Multifamily	—		1		1		2		—		10,279		10,281
Construction & development	—		—		—		—		—		1,707		1,707
Residential development	—		—		—		—		—		362		362
Commercial
Term	2		7		2		11		25		6,677		6,713
Lines of credit & other	4		3		1		8		22		3,613		3,643
Leases & equipment finance	17		18		5		40		19		1,540		1,599
Residential
Mortgage (1)	—		16		66		82		—		5,542		5,624
Home equity loans & lines	8		5		9		22		—		2,127		2,149
Consumer & other	—		—		—		—		—		178		178
Total, net of deferred fees and costs	$	39	$	55	$	85	$	179	$	116	$	47,481	$	47,776

Loans and leases are classified as collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The following tables summarize the amortized cost basis of the collateral-dependent loans and leases by the type of collateral securing the assets as of the periods indicated:


	June 30, 2026
(in millions)	Residential Real Estate		Commercial Real Estate		General Business Assets		Total
Commercial real estate
Non-owner occupied term	$	—	$	38	$	—	$	38
Owner occupied term	—		51		—		51



Commercial
Term	—		3		18		21
Lines of credit & other	—		4		30		34
Leases & equipment finance	—		—		16		16
Residential
Mortgage	75		—		—		75
Home equity loans & lines	2		—		—		2

Total, net of deferred fees and costs	$	77	$	96	$	64	$	237


	Three Months Ended June 30, 2026
(in millions)		Term Extension		Other -Than-Insignificant Payment Delay		Combo - Term Extension and Other-than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term		$	1	$	—	$	—	$	1	0.01	%




Commercial
Term		—		2		—		2		0.03	%
Lines of credit & other		13		—		—		13		0.34	%
Leases & equipment finance		1		—		—		1		0.06	%
Residential
Mortgage		—		6		2		8		0.15	%


Total modified loans and leases experiencing financial difficulty		$	15	$	8	$	2	$	25	0.05	%


	Six Months Ended June 30, 2026
(in millions)	Interest Rate Reduction		Term Extension		Other -Than-Insignificant Payment Delay		Combo - Term Extension and Other-Than- Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	13	$	1	$	—	$	—	$	14	0.18	%
Owner occupied term	—		—		28		—		28		0.38	%

Construction & development	—		3		—		—		3		0.20	%

Commercial
Term	5		6		2		—		13		0.19	%
Lines of credit & other	—		66		—		—		66		1.74	%
Leases & equipment finance	—		1		—		—		1		0.06	%
Residential
Mortgage	—		—		11		6		17		0.31	%


Total modified loans and leases experiencing financial difficulty	$	18	$	77	$	41	$	6	$	142	0.30	%


	Three Months Ended June 30, 2025
(in millions)	Term Extension		Other -Than-Insignificant Payment Delay		Combination - Interest Rate Reduction and Term Extension		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	—	$	—	$	21	$	—	$	21	0.34	%
Owner occupied term	3		—		—		—		3		0.06	%

Construction & development	2		—		8		—		$	10	0.48	%

Commercial
Term	—		3		10		—		13		0.23	%
Lines of credit & other	10		—		—		1		11		0.38	%
Leases & equipment finance	1		—		—		—		1		0.07	%
Residential
Mortgage	1		7		—		1		9		0.15	%


Total modified loans and leases experiencing financial difficulty	$	17	$	10	$	39	$	2	$	68	0.18	%


	Six Months Ended June 30, 2025
(in millions)	Interest Rate Reduction		Term Extension		Other -Than-Insignificant Payment Delay		Combination - Interest Rate Reduction and Term Extension		Combo - Term Extension and Other-Than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	—	$	—	$	—	$	21	$	—	$	21	0.34	%
Owner occupied term	—		4		1		—		—		5		0.09	%

Construction & development	—		2		—		8		—		10		0.48	%

Commercial
Term	—		—		8		10		—		18		0.35	%
Lines of credit & other	12		25		2		—		1		40		1.34	%
Leases & equipment finance	—		2		—		—		—		2		0.13	%
Residential
Mortgage	—		1		14		—		2		17		0.29	%


Total modified loans and leases experiencing financial difficulty	$	12	$	34	$	25	$	39	$	3	$	113	0.30	%


	Six Months Ended June 30, 2026
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	6.41	%	7 months	—
Owner occupied term	—		—	$	28

Construction & development	—		7 months	—

Commercial
Term	4.50	%	7 months	—
Lines of credit & other	—		7 months	—
Leases & equipment finance	—		1.1 years	—
Residential
Mortgage	—		12.2 years	$	1


	Three Months Ended June 30, 2025
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	3.54	%	1.9 years	—
Owner occupied term	—		4 months	—

Construction & development	3.57	%	5 months	—

Commercial
Term	3.54	%	1.9 years	—
Lines of credit & other	—		5 months	$	1
Leases & equipment finance	—		1.0 year	—
Residential
Mortgage	0.60	%	11.8 years	$	1


	Six Months Ended June 30, 2025
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	3.54	%	1.9 years	—
Owner occupied term	—		5 months	$	1

Construction & development	3.57	%	5 months	—

Commercial
Term	3.45	%	1.9 years	—
Lines of credit & other	0.26	%	9 months	$	3
Leases & equipment finance	—		1.0 year	—
Residential
Mortgage	0.57	%	9.8 years	$	1

The following tables present an age analysis of loans and leases as of June 30, 2026 and 2025 that have been modified within the prior twelve months:


	June 30, 2026
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	1	$	—	$	—	$	—	$	14	$	15
Owner occupied term	6		—		—		—		28		34

Construction & development	2		—		—		—		—		2

Commercial
Term	33		—		—		—		1		34
Lines of credit & other	46		—		2		—		22		70
Leases & equipment finance	2		—		—		—		—		2
Residential
Mortgage	22		—		2		5		—		29


Total loans and leases modified	$	112	$	—	$	4	$	5	$	65	$	186


	June 30, 2025
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	21	$	—	$	—	$	—	$	—	$	21
Owner occupied term	4		—		—		—		1		5

Construction & development	10		—		—		—		—		10

Commercial
Term	21		—		—		—		5		26
Lines of credit & other	36		1		—		—		7		44
Leases & equipment finance	2		1		—		—		—		3
Residential
Mortgage	24		—		2		3		—		29


Total loans and leases modified	$	118	$	2	$	2	$	3	$	13	$	138

Management regularly reviews loans and leases in the portfolio to assess credit quality indicators and to determine appropriate loan classification and grading. The Bank separates its loans and lease portfolios into homogeneous and non-homogeneous categories. Homogeneous loans are rated based on past due status and may enter a higher risk rating scale if modified, requiring six months of timely payments to return to the lower risk rating scale. Non-homogeneous loans use a dual risk rating approach: the PD scale measures the likelihood of default, and the LGD scale measures potential loss if a default occurs. The product of PD and LGD gives the expected loss, providing a common language of credit risk across different loans. For more information about the Company's credit quality indicators, refer to Note 6 – Allowance for Credit Losses included in the Company's Annual Report on Form 10-K for the year ended December 31, 2025.

The following tables present the amortized cost basis of the loans and leases by credit classification and vintage year by loan and lease class of financing receivable, as well as gross charge-offs for the dates presented:


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	June 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	147	$	708	$	264	$	490	$	1,620	$	4,118	$	39	$	—	$	7,386
	Special mention	—		18		6		—		14		47		—		—		85
	Substandard	13		23		—		—		4		71		—		—		111
	Doubtful	—		—		—		—		—		—		—		—		—
	Loss	—		—		—		—		—		2		—		—		2
Total non-owner occupied term		$	160	$	749	$	270	$	490	$	1,638	$	4,238	$	39	$	—	$	7,584
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	489	$	872	$	515	$	530	$	1,303	$	3,323	$	33	$	1	$	7,066
	Special mention	—		15		33		5		42		59		1		—		155
	Substandard	—		36		5		8		20		106		—		—		175
	Doubtful	—		—		3		—		3		1		—		—		7
	Loss	—		—		—		—		—		2		—		—		2
Total owner occupied term		$	489	$	923	$	556	$	543	$	1,368	$	3,491	$	34	$	1	$	7,405
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	1
Multifamily
Credit quality indicator:
	Pass/Watch	$	134	$	471	$	334	$	373	$	2,773	$	5,837	$	121	$	—	$	10,043
	Special mention	—		—		12		16		8		17		—		—		53
	Substandard	—		—		—		—		23		3		—		—		26


Total multifamily		$	134	$	471	$	346	$	389	$	2,804	$	5,857	$	121	$	—	$	10,122
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	54	$	513	$	339	$	256	$	224	$	108	$	1	$	—	$	1,495
	Special mention	—		—		3		12		8		—		11		—		34
	Substandard	—		—		—		—		—		—		—		—		—


Total construction & development		$	54	$	513	$	342	$	268	$	232	$	108	$	12	$	—	$	1,529
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	35	$	102	$	38	$	2	$	6	$	—	$	185	$	1	$	369




Total residential development		$	35	$	102	$	38	$	2	$	6	$	—	$	185	$	1	$	369
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	872	$	2,758	$	1,552	$	1,692	$	6,048	$	13,694	$	391	$	2	$	27,009


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	June 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	1,091	$	1,098	$	861	$	363	$	665	$	1,371	$	1,381	$	—	$	6,830
	Special mention	3		3		19		10		23		24		—		—		82
	Substandard	15		26		15		4		10		6		8		1		85
	Doubtful	—		—		—		—		1		2		—		—		3
	Loss	—		—		—		—		—		4		—		—		4
Total term		$	1,109	$	1,127	$	895	$	377	$	699	$	1,407	$	1,389	$	1	$	7,004
Current YTD period:
	Gross charge-offs	$	—	$	2	$	—	$	—	$	2	$	2	$	—	$	—	$	6
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	60	$	93	$	63	$	34	$	32	$	23	$	3,279	$	24	$	3,608
	Special mention	—		—		—		—		—		—		56		12		68
	Substandard	—		7		8		—		16		1		59		26		117

	Loss	—		—		1		—		—		—		—		—		1
Total lines of credit & other		$	60	$	100	$	72	$	34	$	48	$	24	$	3,394	$	62	$	3,794
Current YTD period:
	Gross charge-offs	$	—	$	—	$	4	$	—	$	—	$	12	$	1	$	12	$	29
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	366	$	476	$	321	$	202	$	109	$	40	$	—	$	—	$	1,514
	Special mention	1		5		14		5		2		—		—		—		27
	Substandard	2		5		6		27		5		1		—		—		46
	Doubtful	1		7		8		7		4		1		—		—		28
	Loss	—		1		1		—		—		—		—		—		2
Total leases & equipment finance		$	370	$	494	$	350	$	241	$	120	$	42	$	—	$	—	$	1,617
Current YTD period:
	Gross charge-offs	$	—	$	3	$	6	$	4	$	3	$	20	$	—	$	—	$	36

Total commercial		$	1,539	$	1,721	$	1,317	$	652	$	867	$	1,473	$	4,783	$	63	$	12,415

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	134	$	223	$	194	$	161	$	1,551	$	3,057	$	—	$	—	$	5,320
	Special mention	1		1		—		1		1		8		—		—		12
	Substandard	—		2		—		2		7		9		—		—		20

	Loss	—		12		6		4		8		20		—		—		50
Total mortgage		$	135	$	238	$	200	$	168	$	1,567	$	3,094	$	—	$	—	$	5,402
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	June 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	—	$	—	$	2	$	6	$	10	$	68	$	2,044	$	23	$	2,153
	Special mention	—		—		—		2		1		2		7		2		14
	Substandard	—		—		—		—		—		1		1		—		2

	Loss	—		—		2		—		—		1		3		1		7
Total home equity loans & lines		$	—	$	—	$	4	$	8	$	11	$	72	$	2,055	$	26	$	2,176
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total residential		$	135	$	238	$	204	$	176	$	1,578	$	3,166	$	2,055	$	26	$	7,578

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	15	$	6	$	5	$	7	$	4	$	7	$	119	$	—	$	163
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	15	$	6	$	5	$	7	$	4	$	7	$	120	$	—	$	164
Current YTD period:
	Gross charge-offs	$	1	$	—	$	—	$	—	$	—	$	2	$	—	$	—	$	3

Grand total		$	2,561	$	4,723	$	3,078	$	2,527	$	8,497	$	18,340	$	7,349	$	91	$	47,166


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	815	$	280	$	506	$	1,694	$	1,603	$	3,033	$	35	$	13	$	7,979
	Special mention	2		6		—		10		20		71		—		—		109
	Substandard	27		—		—		22		12		55		—		—		116

	Loss	—		—		—		—		1		1		—		—		2
Total non-owner occupied term		$	844	$	286	$	506	$	1,726	$	1,636	$	3,160	$	35	$	13	$	8,206
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	1	$	—	$	—	$	9	$	—	$	—	$	10
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	921	$	510	$	466	$	1,326	$	1,325	$	2,363	$	24	$	51	$	6,986
	Special mention	20		32		6		55		22		41		—		—		176
	Substandard	4		29		2		12		41		46		—		9		143
	Doubtful	—		3		—		3		—		—		—		—		6
	Loss	—		—		—		—		1		2		—		—		3
Total owner occupied term		$	945	$	574	$	474	$	1,396	$	1,389	$	2,452	$	24	$	60	$	7,314
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	—	$	1
Multifamily
Credit quality indicator:
	Pass/Watch	$	455	$	348	$	367	$	2,787	$	3,195	$	2,958	$	118	$	—	$	10,228
	Special mention	—		—		14		9		—		22		—		—		45
	Substandard	—		—		—		3		2		3		—		—		8


Total multifamily		$	455	$	348	$	381	$	2,799	$	3,197	$	2,983	$	118	$	—	$	10,281
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	345	$	407	$	391	$	241	$	98	$	92	$	28	$	2	$	1,604
	Special mention	12		12		32		1		—		—		—		8		65
	Substandard	38		—		—		—		—		—		—		—		38


Total construction & development		$	395	$	419	$	423	$	242	$	98	$	92	$	28	$	10	$	1,707
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	99	$	57	$	2	$	8	$	—	$	—	$	194	$	2	$	362




Total residential development		$	99	$	57	$	2	$	8	$	—	$	—	$	194	$	2	$	362
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	2,738	$	1,684	$	1,786	$	6,171	$	6,320	$	8,687	$	399	$	85	$	27,870


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	1,571	$	701	$	395	$	800	$	763	$	851	$	1,328	$	21	$	6,430
	Special mention	13		22		49		53		23		2		11		—		173
	Substandard	25		12		2		43		5		4		3		2		96
	Doubtful	2		—		—		4		1		2		—		—		9
	Loss	—		—		—		—		2		3		—		—		5
Total term		$	1,611	$	735	$	446	$	900	$	794	$	862	$	1,342	$	23	$	6,713
Prior Year End period:
	Gross charge-offs	$	—	$	1	$	1	$	1	$	1	$	2	$	—	$	—	$	6
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	119	$	70	$	28	$	42	$	10	$	18	$	3,052	$	106	$	3,445
	Special mention	1		—		—		—		—		—		74		5		80
	Substandard	4		15		—		1		—		—		80		15		115
	Doubtful	—		—		—		—		—		—		—		1		1
	Loss	—		—		—		—		—		—		1		1		2
Total lines of credit & other		$	124	$	85	$	28	$	43	$	10	$	18	$	3,207	$	128	$	3,643
Prior Year End period:
	Gross charge-offs	$	—	$	17	$	—	$	1	$	—	$	1	$	8	$	5	$	32
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	585	$	399	$	268	$	160	$	35	$	34	$	—	$	—	$	1,481
	Special mention	3		16		8		3		1		—		—		—		31
	Substandard	6		7		32		7		1		—		—		—		53
	Doubtful	5		9		9		7		2		—		—		—		32
	Loss	—		1		1		—		—		—		—		—		2
Total leases & equipment finance		$	599	$	432	$	318	$	177	$	39	$	34	$	—	$	—	$	1,599
Prior Year End period:
	Gross charge-offs	$	2	$	16	$	22	$	22	$	8	$	3	$	—	$	—	$	73

Total commercial		$	2,334	$	1,252	$	792	$	1,120	$	843	$	914	$	4,549	$	151	$	11,955

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	242	$	230	$	174	$	1,645	$	1,828	$	1,425	$	—	$	—	$	5,544
	Special mention	3		—		2		3		3		5		—		—		16
	Substandard	2		2		1		5		8		8		—		—		26

	Loss	6		6		3		4		7		12		—		—		38
Total mortgage		$	253	$	238	$	180	$	1,657	$	1,846	$	1,450	$	—	$	—	$	5,624
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	1


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	1	$	1	$	2	$	6	$	2	$	45	$	2,032	$	39	$	2,128
	Special mention	—		—		—		—		—		2		8		2		12
	Substandard	—		—		—		—		—		—		1		1		2

	Loss	—		—		—		1		—		1		1		4		7
Total home equity loans & lines		$	1	$	1	$	2	$	7	$	2	$	48	$	2,042	$	46	$	2,149
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	—	$	1

Total residential		$	254	$	239	$	182	$	1,664	$	1,848	$	1,498	$	2,042	$	46	$	7,773

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	18	$	6	$	10	$	6	$	3	$	6	$	128	$	—	$	177
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	18	$	6	$	10	$	6	$	3	$	6	$	129	$	—	$	178
Prior Year End period:
	Gross charge-offs	$	2	$	1	$	—	$	—	$	—	$	—	$	2	$	—	$	5

Grand total		$	5,344	$	3,181	$	2,770	$	8,961	$	9,014	$	11,105	$	7,119	$	282	$	47,776