Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2026

The Bank opted to use Moody's Analytics' May 2026 consensus economic forecast for estimating the ACL as of June 30, 2026. The forecast used to calculate the ACL as of June 30, 2026 is projecting higher GDP growth, higher unemployment rates, and average federal funds rates trending lower. This is compared to the December 31, 2025 ACL calculation, which used Moody’s Analytics’ November 2025 consensus economic forecast to forecast the variables used in the models.

In the consensus scenario, the probability that the economy will perform better than this consensus is equal to the probability that it will perform worse and includes the following variables:


	2027		2028		2029		2030
U.S. real GDP average annualized growth	2.0	%	2.0	%	2.1	%	2.1	%
U.S. unemployment rate average	4.4	%	4.1	%	4.2	%	4.2	%
Forecasted average federal funds rate	3.6	%	3.4	%	3.3	%	3.3	%

The Bank uses an additional scenario with the same economic variables, but with varying severity, to assess ACL sensitivity and inform qualitative adjustments. For this analysis, the Bank selected Moody's Analytics' May 2026 S2 scenario (the "S2 Scenario"), which predicts a 75% probability of better economic performance and a 25% probability of worse performance. The S2 Scenario includes the following variables:


	2027		2028		2029		2030
U.S. real GDP average annualized growth	0.5	%	2.5	%	2.7	%	2.7	%
U.S. unemployment rate average	6.6	%	4.7	%	4.5	%	4.5	%
Forecasted average federal funds rate	2.3	%	2.2	%	3.1	%	3.0	%

Activity In The Non-Covered Allowance For Loan And Lease Losses

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

Loans and Leases Past Due and Non-Accrual Loans and Leases

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

(1) Includes government guaranteed mortgage loans that the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $4 million at June 30, 2026.

(2) Includes government guaranteed portion of $41 million and $37 million for 90 days or more and non-accrual loans, respectively.


	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

(1) Includes government guaranteed mortgage loans the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $3 million at December 31, 2025.

(2) Includes government guaranteed portion of $41 million and $38 million for 90 days or more and non-accrual loans, respectively.

Collateral Dependent Loans and Leases

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


	December 31, 2025
(in millions)	Residential Real Estate		Commercial Real Estate		General Business Assets		Total
Commercial real estate
Non-owner occupied term	$	—	$	26	$	—	$	26
Owner occupied term	—		17		—		17
Multifamily	—		6		—		6


Commercial
Term	—		1		16		17
Lines of credit & other	—		1		19		20
Leases & equipment finance	—		—		19		19
Residential
Mortgage	70		—		—		70
Home equity loans & lines	2		—		—		2

Total, net of deferred fees and costs	$	72	$	51	$	54	$	177

Loan and Lease Modifications Made to Borrowers Experiencing Financial Difficulty

The following tables present the amortized cost basis of loans and leases that were both experiencing financial difficulty and modified during the three and six months ended June 30, 2026 and 2025, by class and type of modification. The percentage of the amortized cost basis of loans and leases to borrowers in financial distress that were modified as compared to the amortized cost basis of each class of financing receivable is also presented below.


	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	%

The following tables present the financial effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:

Three Months Ended June 30, 2026

Term Extension

Other-Than-Insignificant Payment Delay

(in millions)

Weighted-Average Term Extension

Deferral Amount

Commercial real estate

Non-owner occupied term

7 months

—

Commercial

Lines of credit & other

6 months

—

Leases & equipment finance

1.3 years

—

Residential

Mortgage

12.2 years


	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 Company closely monitors the performance of loans and leases to borrowers experiencing financial difficulty that are modified to understand the effectiveness of its modification efforts. Loans and leases are considered to be in payment default at 90 or more days past due. The following tables present the amortized cost basis of modified loans that, within twelve months of the modification date, experienced a subsequent default during the periods presented:


	Three Months Ended June 30, 2026
(in millions)		Other-Than-Insignificant Payment Delay		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total
Commercial real estate

Owner occupied term		$	28	$	—	$	28



Commercial
Term		—		1		1


Residential
Mortgage		—		2		2


Total loans and leases experiencing financial difficulty with a subsequent default		$	28	$	3	$	31


	Six Months Ended June 30, 2026
(in millions)	Other-Than-Insignificant Payment Delay		Combo - Term Extension and Other-than-Insignificant Payment Delay		Total
Commercial real estate

Owner occupied term	$	28	$	—	$	28



Commercial
Term	—		1		1


Residential
Mortgage	2		2		4


Total loans and leases experiencing financial difficulty with a subsequent default	$	30	$	3	$	33

For the three months ended June 30, 2025, all modified loans and leases were current and there were no loan or lease modifications made to borrowers experiencing financial difficulty that subsequently defaulted.


	Six Months Ended June 30, 2025
(in millions)	Term Extension		Other-Than-Insignificant Payment Delay		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total
Commercial real estate

Owner occupied term	$	—	$	1	$	—	$	1



Commercial

Lines of credit & other	1		—		1		2

Residential
Mortgage	1		—		—		1


Total loans and leases experiencing financial difficulty with a subsequent default	$	2	$	1	$	1	$	4

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

Internal Risk Rating By Loan Class

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