Loans

6 Months Ended

Jun. 30, 2026

Note 6 Loans

The loan portfolio is comprised of loans originated by the Company and loans that were acquired in connection with the Company’s acquisitions. The tables below show the loan portfolio composition including carrying value by segment as of the dates shown. The carrying value of loans is net of discounts, fees, costs and fair value marks of $26.7 million and $21.7 million as of June 30, 2026 and December 31, 2025, respectively.


	June 30, 2026
	Total loans		% of total
Commercial	$	5,605,299	57.3%
Commercial real estate non-owner occupied		2,650,629	27.1%
Residential real estate		1,503,461	15.4%
Consumer		14,663	0.2%
Total	$	9,774,052	100.0%


	December 31, 2025
	Total loans		% of total
Commercial	$	4,668,153	62.8%
Commercial real estate non-owner occupied		1,582,428	21.3%
Residential real estate		1,169,699	15.7%
Consumer		13,076	0.2%
Total	$	7,433,356	100.0%

Information about delinquent and non-accrual loans is shown in the following tables at June 30, 2026 and December 31, 2025:


	June 30, 2026
			Greater
	30-89 days		than 90 days				Total past
	past due and		past due and		Non-accrual		due and
	accruing		accruing		loans		non-accrual		Current		Total loans
Commercial:
Commercial and industrial	$	918	$	6,739	$	24,637	$	32,294	$	2,728,018	$	2,760,312
Municipal and non-profit		—		—		—		—		1,296,849		1,296,849
Owner occupied commercial real estate		9,195		3,475		3,213		15,883		1,293,773		1,309,656
Food and agribusiness		6,669		13,633		—		20,302		218,180		238,482
Total commercial		16,782		23,847		27,850		68,479		5,536,820		5,605,299
Commercial real estate non-owner occupied:
Construction		—		2,061		—		2,061		253,224		255,285
Acquisition/development		—		—		46		46		225,069		225,115
Multifamily		—		—		—		—		299,834		299,834
Non-owner occupied		—		—		—		—		1,870,395		1,870,395
Total commercial real estate non-owner occupied		—		2,061		46		2,107		2,648,522		2,650,629
Residential real estate:
Senior lien		298		3,179		2,074		5,551		1,406,626		1,412,177
Junior lien		43		25		161		229		91,055		91,284
Total residential real estate		341		3,204		2,235		5,780		1,497,681		1,503,461
Consumer		46		—		—		46		14,617		14,663
Total loans	$	17,169	$	29,112	$	30,131	$	76,412	$	9,697,640	$	9,774,052


	June 30, 2026
	Non-accrual loans		Non-accrual loans
	with a related		with no related
	allowance for		allowance for		Non-accrual
	credit loss		credit loss		loans
Commercial:
Commercial and industrial	$	13,499	$	11,138	$	24,637
Owner occupied commercial real estate		3,213		—		3,213
Total commercial		16,712		11,138		27,850
Commercial real estate non-owner occupied:
Construction		—		—		—
Acquisition/development		46		—		46
Total commercial real estate non-owner occupied		46		—		46
Residential real estate:
Senior lien		1,720		354		2,074
Junior lien		161		—		161
Total residential real estate		1,881		354		2,235
Total loans	$	18,639	$	11,492	$	30,131


	December 31, 2025
			Greater
	30-89 days		than 90 days				Total past
	past due and		past due and		Non-accrual		due and
	accruing		accruing		loans		non-accrual		Current		Total loans
Commercial:
Commercial and industrial	$	6,243	$	4,716	$	19,607	$	30,566	$	2,007,138	$	2,037,704
Municipal and non-profit		—		—		—		—		1,273,761		1,273,761
Owner occupied commercial real estate		1,498		1,541		2,355		5,394		1,123,224		1,128,618
Food and agribusiness		2,868		6,184		—		9,052		219,018		228,070
Total commercial		10,609		12,441		21,962		45,012		4,623,141		4,668,153
Commercial real estate non-owner occupied:
Construction		—		—		—		—		188,992		188,992
Acquisition/development		—		867		331		1,198		51,289		52,487
Multifamily		—		—		—		—		298,497		298,497
Non-owner occupied		154		—		—		154		1,042,298		1,042,452
Total commercial real estate non-owner occupied		154		867		331		1,352		1,581,076		1,582,428
Residential real estate:
Senior lien		1,027		2,100		2,332		5,459		1,082,248		1,087,707
Junior lien		123		—		249		372		81,620		81,992
Total residential real estate		1,150		2,100		2,581		5,831		1,163,868		1,169,699
Consumer		48		9		38		95		12,981		13,076
Total loans	$	11,961	$	15,417	$	24,912	$	52,290	$	7,381,066	$	7,433,356


	December 31, 2025
	Non-accrual loans		Non-accrual loans
	with a related		with no related
	allowance for		allowance for		Non-accrual
	credit loss		credit loss		loans
Commercial:
Commercial and industrial	$	13,738	$	5,869	$	19,607
Owner occupied commercial real estate		2,355		—		2,355
Total commercial		16,093		5,869		21,962
Commercial real estate non-owner occupied:
Acquisition/development		47		284		331
Total commercial real estate non-owner occupied		47		284		331
Residential real estate:
Senior lien		1,715		617		2,332
Junior lien		249		—		249
Total residential real estate		1,964		617		2,581
Consumer		38		—		38
Total loans	$	18,142	$	6,770	$	24,912

Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement remains unpaid after the due date of the scheduled payment. Loans to borrowers experiencing financial difficulties may be modified. Modified loans are discussed in more detail below. There was no interest income recognized from non-accrual loans during the three or six months ended June 30, 2026 or 2025.

The Company’s internal risk rating system uses a series of grades, which reflect our assessment of the credit quality of loans based on an analysis of the borrower’s financial condition, liquidity and ability to meet contractual debt service requirements and are categorized as “Pass,” “Special mention,” “Substandard” and “Doubtful.” For a description of the general characteristics of the risk grades, refer to note 2 Summary of Significant Accounting Policies in our audited consolidated financial statements in our 2025 Annual Report on Form 10-K.

The amortized cost basis and current period gross charge-offs for all loans as determined by the Company’s internal risk rating system and year of origination are shown in the following tables as of and for the six months ended June 30, 2026 and the year ended December 31, 2025:


	June 30, 2026
													Revolving		Revolving
													loans		loans
	Origination year												amortized		converted
	2026		2025		2024		2023		2022		Prior		cost basis		to term		Total
Commercial:
Commercial and industrial:
Pass	$	367,160	$	534,760	$	433,360	$	118,374	$	174,585	$	235,381	$	758,909	$	982	$	2,623,511
Special mention		—		9,143		2,064		29,618		19,186		3,446		7,210		6,500		77,167
Substandard		—		364		4,942		12,043		1,668		11,548		17,248		4,251		52,064
Doubtful		—		4,119		1,146		1,893		299		19		94		—		7,570
Total commercial and industrial		367,160		548,386		441,512		161,928		195,738		250,394		783,461		11,733		2,760,312
Gross charge-offs: Commercial and industrial		—		—		2,653		4,298		1,124		5,496		—		—		13,571
Municipal and non-profit:
Pass		82,187		256,077		104,104		126,133		127,361		554,857		45,657		473		1,296,849
Total municipal and non-profit		82,187		256,077		104,104		126,133		127,361		554,857		45,657		473		1,296,849
Owner occupied commercial real estate:
Pass		104,798		189,042		167,565		115,929		244,612		392,417		29,179		—		1,243,542
Special mention		—		1,945		6,977		1,647		6,175		22,780		—		—		39,524
Substandard		—		118		650		3,510		4,801		15,431		—		—		24,510
Doubtful		—		18		—		—		121		1,941		—		—		2,080
Total owner occupied commercial real estate		104,798		191,123		175,192		121,086		255,709		432,569		29,179		—		1,309,656
Gross charge-offs: Owner occupied commercial real estate		—		—		—		—		142		49		—		—		191
Food and agribusiness:
Pass		18,605		1,455		9,871		10,036		58,354		24,431		88,891		—		211,643
Special mention		—		—		5,418		5,222		83		7		530		1,199		12,459
Substandard		—		—		3,893		—		—		10,189		298		—		14,380
Total food and agribusiness		18,605		1,455		19,182		15,258		58,437		34,627		89,719		1,199		238,482
Total commercial		572,750		997,041		739,990		424,405		637,245		1,272,447		948,016		13,405		5,605,299
Gross charge-offs: Commercial		—		—		2,653		4,298		1,266		5,545		—		—		13,762
Commercial real estate non-owner occupied:
Construction:
Pass		48,453		68,566		57,421		14,455		16,510		27,220		17,047		—		249,672
Substandard		—		—		—		—		4,993		—		—		—		4,993
Doubtful		—		—		—		—		620		—		—		—		620
Total construction		48,453		68,566		57,421		14,455		22,123		27,220		17,047		—		255,285
Acquisition/development:
Pass		70,149		24,245		48,834		4,062		31,157		13,359		8,906		—		200,712
Special mention		—		—		2,044		8,811		9,748		—		—		—		20,603
Substandard		—		—		—		2,941		—		46		—		—		2,987
Doubtful		—		—		249		564		—		—		—		—		813
Total acquisition/development		70,149		24,245		51,127		16,378		40,905		13,405		8,906		—		225,115
Multifamily:
Pass		7,012		37,618		4,792		33,241		131,761		72,650		—		—		287,074
Special mention		—		—		—		—		4,452		—		—		—		4,452
Substandard		—		—		—		—		8,308		—		—		—		8,308
Total multifamily		7,012		37,618		4,792		33,241		144,521		72,650		—		—		299,834
Non-owner occupied:
Pass		404,472		170,470		210,365		182,536		289,339		563,271		32,296		—		1,852,749
Special mention		—		—		699		—		9,841		166		—		—		10,706
Substandard		—		—		—		—		—		4,034		—		—		4,034
Doubtful		—		—		—		—		2,353		553		—		—		2,906
Total non-owner occupied		404,472		170,470		211,064		182,536		301,533		568,024		32,296		—		1,870,395
Total commercial real estate non-owner occupied		530,086		300,899		324,404		246,610		509,082		681,299		58,249		—		2,650,629
Gross charge-offs: Commercial real estate non-owner occupied		—		—		—		—		—		1		—		—		1
Residential real estate:
Senior lien:
Pass		143,566		237,735		91,958		59,213		357,804		480,272		33,899		262		1,404,709
Special mention		—		—		—		—		—		536		—		—		536
Substandard		58		384		2,134		728		1,257		2,113		—		—		6,674
Doubtful		—		4		254		—		—		—		—		—		258
Total senior lien		143,624		238,123		94,346		59,941		359,061		482,921		33,899		262		1,412,177
Gross charge-offs: Senior lien		—		—		—		—		24		52		—		—		76
Junior lien:
Pass		6,495		2,407		1,745		2,613		3,255		6,239		66,930		1,224		90,908
Special mention		—		—		—		—		—		27		—		—		27
Substandard		—		—		—		—		84		102		163		—		349
Total junior lien		6,495		2,407		1,745		2,613		3,339		6,368		67,093		1,224		91,284
Total residential real estate		150,119		240,530		96,091		62,554		362,400		489,289		100,992		1,486		1,503,461
Gross charge-offs: Residential real estate		—		—		—		—		24		52		—		—		76
Consumer:
Pass		3,337		2,610		1,386		916		408		382		5,520		88		14,647
Substandard		—		8		8		—		—		—		—		—		16
Total consumer		3,337		2,618		1,394		916		408		382		5,520		88		14,663
Gross charge-offs: Consumer		357		3		—		18		—		48		—		—		426
Total loans	$	1,256,292	$	1,541,088	$	1,161,879	$	734,485	$	1,509,135	$	2,443,417	$	1,112,777	$	14,979	$	9,774,052
Gross charge-offs: Total loans	$	357	$	3	$	2,653	$	4,316	$	1,290	$	5,646	$	—	$	—	$	14,265


	December 31, 2025
													Revolving		Revolving
													loans		loans
	Origination year												amortized		converted
	2025		2024		2023		2022		2021		Prior		cost basis		to term		Total
Commercial:
Commercial and industrial:
Pass	$	448,020	$	367,280	$	116,168	$	228,648	$	149,829	$	105,169	$	427,465	$	36,042	$	1,878,621
Special mention		12,367		794		33,712		7,835		1,311		3,338		15,938		2,376		77,671
Substandard		1		8,765		17,661		3,084		19,043		3,108		21,665		682		74,009
Doubtful		4,000		291		2,079		387		—		646		—		—		7,403
Total commercial and industrial		464,388		377,130		169,620		239,954		170,183		112,261		465,068		39,100		2,037,704
Gross charge-offs: Commercial and industrial		933		3,042		14,062		366		2,504		1,094		—		—		22,001
Municipal and non-profit:
Pass		268,314		114,545		128,619		133,664		208,117		385,561		34,941		—		1,273,761
Total municipal and non-profit		268,314		114,545		128,619		133,664		208,117		385,561		34,941		—		1,273,761
Owner occupied commercial real estate:
Pass		140,118		213,072		113,393		192,107		124,070		242,553		15,572		1,117		1,042,002
Special mention		—		2,955		1,664		7,387		6,906		22,164		850		—		41,926
Substandard		—		12,227		9,509		8,135		8,874		5,290		—		—		44,035
Doubtful		—		—		—		239		—		416		—		—		655
Total owner occupied commercial real estate		140,118		228,254		124,566		207,868		139,850		270,423		16,422		1,117		1,128,618
Gross charge-offs: Owner occupied commercial real estate		—		—		2,266		1,480		—		303		—		—		4,049
Food and agribusiness:
Pass		630		13,377		8,500		61,432		6,063		18,866		101,022		4,072		213,962
Special mention		—		—		—		3,659		—		4,407		—		—		8,066
Substandard		—		—		—		83		867		5,092		—		—		6,042
Total food and agribusiness		630		13,377		8,500		65,174		6,930		28,365		101,022		4,072		228,070
Gross charge-offs: Food and agribusiness		—		—		24		—		—		—		—		—		24
Total commercial		873,450		733,306		431,305		646,660		525,080		796,610		617,453		44,289		4,668,153
Gross charge-offs: Commercial		933		3,042		16,352		1,846		2,504		1,397		—		—		26,074
Commercial real estate non-owner occupied:
Construction:
Pass		18,338		85,198		8,900		42,629		—		880		33,047		—		188,992
Total construction		18,338		85,198		8,900		42,629		—		880		33,047		—		188,992
Acquisition/development:
Pass		4,483		16,627		435		20,076		1,923		8,072		540		—		52,156
Substandard		—		—		—		—		—		331		—		—		331
Total acquisition/development		4,483		16,627		435		20,076		1,923		8,403		540		—		52,487
Multifamily:
Pass		11,500		1,320		37,107		146,730		23,501		65,554		—		—		285,712
Special mention		—		—		—		4,482		—		—		—		—		4,482
Substandard		—		—		—		8,303		—		—		—		—		8,303
Total multifamily		11,500		1,320		37,107		159,515		23,501		65,554		—		—		298,497
Non-owner occupied:
Pass		61,931		48,296		140,934		238,047		154,937		340,290		22,351		—		1,006,786
Special mention		4,700		—		—		—		—		179		—		—		4,879
Substandard		—		—		—		3,000		—		27,787		—		—		30,787
Total non-owner occupied		66,631		48,296		140,934		241,047		154,937		368,256		22,351		—		1,042,452
Gross charge-offs: Non-owner occupied		—		—		—		—		1,467		—		—		—		1,467
Total commercial real estate non-owner occupied		100,952		151,441		187,376		463,267		180,361		443,093		55,938		—		1,582,428
Gross charge-offs: Commercial real estate non-owner occupied		—		—		—		—		1,467		—		—		—		1,467
Residential real estate:
Senior lien:
Pass		118,410		55,172		46,936		364,528		250,897		225,011		21,622		4		1,082,580
Special mention		—		—		—		—		—		11		—		—		11
Substandard		—		5		737		1,996		442		1,896		—		—		5,076
Doubtful		—		—		—		40		—		—		—		—		40
Total senior lien		118,410		55,177		47,673		366,564		251,339		226,918		21,622		4		1,087,707
Gross charge-offs: Senior lien		—		26		—		145		1		1		—		—		173
Junior lien:
Pass		2,778		5,871		3,110		3,837		876		5,264		59,651		68		81,455
Special mention		—		—		—		—		—		27		—		—		27
Substandard		—		—		—		87		—		259		164		—		510
Total junior lien		2,778		5,871		3,110		3,924		876		5,550		59,815		68		81,992
Total residential real estate		121,188		61,048		50,783		370,488		252,215		232,468		81,437		72		1,169,699
Gross charge-offs: Residential real estate		—		26		—		145		1		1		—		—		173
Consumer:
Pass		4,157		1,812		1,007		553		347		312		4,794		37		13,019
Substandard		10		9		—		—		—		38		—		—		57
Total consumer		4,167		1,821		1,007		553		347		350		4,794		37		13,076
Gross charge-offs: Consumer		715		11		1		—		—		20		—		—		747
Total loans	$	1,099,757	$	947,616	$	670,471	$	1,480,968	$	958,003	$	1,472,521	$	759,622	$	44,398	$	7,433,356
Gross charge-offs: Total loans	$	1,648	$	3,079	$	16,353	$	1,991	$	3,972	$	1,418	$	—	$	—	$	28,461

Loans evaluated individually

We evaluate loans individually when they no longer share risk characteristics with pooled loans. These loans include loans on non-accrual status, loans in bankruptcy, and modified loans as described below. If a specific allowance is warranted based on the borrower’s overall financial condition, the specific allowance is calculated based on discounted expected cash flows using the loan’s initial contractual effective interest rate or the fair value of the collateral less selling costs for collateral-dependent loans.

A loan is considered 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. Management individually evaluates collateral-dependent loans with an amortized cost basis of $250 thousand or more and includes collateral-dependent loans less than $250 thousand within the general allowance population. The amortized cost basis of collateral-dependent loans over $250 thousand was as follows at June 30, 2026 and December 31, 2025:


	June 30, 2026
					Total amortized
	Real property		Business assets		cost basis
Commercial:
Commercial and industrial	$	13,769	$	11,794	$	25,563
Owner occupied commercial real estate		4,829		1,078		5,907
Total commercial		18,598		12,872		31,470
Commercial real estate non-owner occupied:
Acquisition/development		5,798		—		5,798
Non-owner occupied		7,199		996		8,195
Total commercial real estate non-owner occupied		12,997		996		13,993
Residential real estate:
Senior lien		2,717		—		2,717
Total residential real estate		2,717		—		2,717
Total loans	$	34,312	$	13,868	$	48,180


	December 31, 2025
					Total amortized
	Real property		Business assets		cost basis
Commercial:
Commercial and industrial	$	3,095	$	18,453	$	21,548
Owner occupied commercial real estate		4,563		1,052		5,615
Total commercial		7,658		19,505		27,163
Residential real estate:
Senior lien		1,030		—		1,030
Total residential real estate		1,030		—		1,030
Total loans	$	8,688	$	19,505	$	28,193

Loan modifications

The Company’s policy is to review each prospective credit to determine the appropriateness and the adequacy of security or collateral prior to making a loan. In the event of borrower default, the Company seeks recovery in compliance with lending laws, the respective loan agreements, and credit monitoring and remediation procedures that may include modifying a loan to provide a concession by the Company to the borrower from their original terms due to borrower financial difficulties in order to facilitate repayment. The Company considers loans to borrowers experiencing financial difficulties, where such a concession is utilized, to be modified loans. Modified loans may include principal forgiveness, interest rate reductions, other-than-insignificant-payment delays, term extensions or any combination thereof.

The following schedules present, by loan class, the amortized cost basis for loans to borrowers experiencing financial difficulty that remain outstanding and were modified within the three and six months ended June 30, 2026:


	As of and for the three months ended June 30, 2026
							Combination - interest rate
	Term extension			Payment delay			reduction and term extension
	Amortized		% of loan	Amortized		% of loan	Amortized		% of loan
	cost basis		class	cost basis		class	cost basis		class
Commercial:
Commercial and industrial	$	152	0.0%	$	3,999	0.1%	$	—	0.0%
Owner occupied commercial real estate		—	0.0%		—	0.0%		5,557	0.4%
Total commercial		152	0.0%		3,999	0.1%		5,557	0.1%
Total loans	$	152	0.0%	$	3,999	0.0%	$	5,557	0.1%


	As of and for the six months ended June 30, 2026
							Combination - interest rate
	Term extension			Payment delay			reduction and term extension
	Amortized		% of loan	Amortized		% of loan	Amortized		% of loan
	cost basis		class	cost basis		class	cost basis		class
Commercial:
Commercial and industrial	$	152	0.0%	$	3,999	0.2%	$	—	0.0%
Owner occupied commercial real estate		—	0.0%		—	0.0%		5,557	0.5%
Total commercial		152	0.0%		3,999	0.1%		5,557	0.1%
Residential real estate:
Senior lien		59	0.0%		—	0.0%		—	0.0%
Total residential real estate		59	0.0%		—	0.0%		—	0.0%
Total loans	$	211	0.0%	$	3,999	0.1%	$	5,557	0.1%


	As of and for the three months ended June 30, 2025
	Term extension			Payment delay
	Amortized		% of loan	Amortized		% of loan
	cost basis		class	cost basis		class
Commercial:
Commercial and industrial	$	1,488	0.1%	$	8,277	0.4%
Owner occupied commercial real estate		2,004	0.2%		—	0.0%
Total commercial		3,492	0.1%		8,277	0.2%
Total loans	$	3,492	0.0%	$	8,277	0.1%


	As of and for the six months ended June 30, 2025
	Term extension			Payment delay			Reduction and term extension
	Amortized		% of loan	Amortized		% of loan	Amortized		% of loan
	cost basis		class	cost basis		class	cost basis		class
Commercial:
Commercial and industrial	$	1,488	0.1%	$	11,657	0.6%	$	—	0.0%
Owner occupied commercial real estate		2,004	0.2%		2,195	0.2%		—	0.0%
Total commercial		3,492	0.1%		13,852	0.3%		—	0.0%
Total loans	$	3,492	0.0%	$	13,852	0.2%	$	—	0.0%

The following schedules present, by loan class, the payment status of loans that have been modified in the last twelve months as of the dates presented on an amortized cost basis:


	June 30, 2026
	Current		30-89 days past due		90+ days past due		Non-accrual
Commercial:
Commercial and industrial	$	5,577	$	—	$	—	$	4,018
Owner occupied commercial real estate		5,557		—		—		—
Total commercial		11,134		—		—		4,018
Commercial real estate non-owner occupied:
Non-owner occupied		31,247		—		—		—
Total commercial real estate non-owner occupied		31,247		—		—		—
Residential real estate:
Senior lien		58		—		—		—
Total residential real estate		58		—		—		—
Total loans	$	42,439	$	—	$	—	$	4,018


	June 30, 2025
	Current		30-89 days past due		90+ days past due		Non-accrual
Commercial:
Commercial and industrial	$	13,145	$	—	$	—	$	1,482
Owner occupied commercial real estate		2,195		—		—		2,004
Total commercial		15,340		—		—		3,486
Residential real estate:
Junior lien		—		—		—		40
Total residential real estate		—		—		—		40
Total loans	$	15,340	$	—	$	—	$	3,526

Accrual of interest is resumed on loans that were previously on non-accrual only after the loan has performed sufficiently for a period of time. During the three months ended June 30, 2026, the Company had one modified loan with amortized cost totaling $446 thousand that was modified within the past 12 months, utilizing a payment delay, that defaulted on their modified terms. During the six months ended June 30, 2026, the Company had four modified loans with amortized costs totaling $1.2 million that were modified within the past 12 months, utilizing payment delays, that defaulted on their modified terms. During the three months ended June 30, 2025, the Company had no modified loans that were modified within the past 12 months that defaulted on their modified terms. During the six months ended June 30, 2025, the Company had one modified loan with an amortized cost totaling $1.5 million that was modified within the past 12 months, utilizing a payment delay, that defaulted on its modified terms. For purposes of this disclosure, the Company considers “default” to mean 90 days or more past due on principal or interest. The allowance for credit losses related to modified loans on non-accrual status is determined by individual evaluation, including collateral adequacy, using the same process as loans on non-accrual status which are not classified as modified loans.

The following schedules present the financial effect of the modifications made to borrowers experiencing financial difficulty as of and for the periods indicated:

As of and for the three months ended June 30, 2026

As of and for the six months ended June 30, 2026

Financial Effect

Term Extension

Payment Delay

Combination - Interest rate reduction and Term extension

Term Extension

Payment Delay

Combination - Interest rate reduction and Term extension

Commercial:

Commercial and industrial

Extended a weighted average of 1.7 years to the life of loans

Delayed payments for a weighted average of 0.3 years

Extended a weighted average of 1.7 years to the life of loans

Delayed payments for a weighted average of 0.3 years

Owner occupied commercial real estate

Reduced weighted average contractual interest rate from 9.25% to 7% and added weighted average of 0.4 years to the life of loans

Residential real estate:

Senior lien

Extended a weighted average of 10.9 years to the life of loans


	As of and for the three months ended June 30, 2025
	Financial Effect
	Term extension	Payment delay
Commercial:
Commercial and industrial	Extended a weighted average of 1.0 year to the life of loans	Extended a weighted average of 0.5 years to the life of loans
Owner occupied commercial real estate	Extended a weighted average of 0.7 years to the life of loans