v3.26.1
ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES
 6 Months Ended
Jun. 30, 2026
ALLOWANCE FOR LOAN AND LEASE LOSSES  
ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES
4. ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES

The following tables present by segment, the activities in the ACL on loans during the periods presented:

(dollars in thousands)
Three Months Ended June 30, 2026Commercial & IndustrialConstructionResidential MortgageHome EquityCommercial MortgageConsumerTotal
Beginning balance$7,620 $3,827 $14,211 $1,410 $20,043 $12,822 $59,933 
Provision (credit) for credit losses on loans1,700 492 (1,106)(341)1,310 1,249 3,304 
Gross charge-offs(1,353)— (23)— — (2,283)(3,659)
Gross recoveries198 — 10 6 — 789 1,003 
Net (charge-offs) recoveries(1,155)— (13)6 — (1,494)(2,656)
Ending balance$8,165 $4,319 $13,092 $1,075 $21,353 $12,577 $60,581 

(dollars in thousands)
Three Months Ended June 30, 2025Commercial & IndustrialConstructionResidential MortgageHome EquityCommercial MortgageConsumerTotal
Beginning balance$7,423 $2,282 $15,936 $1,808 $19,523 $13,497 $60,469 
Provision (credit) for credit losses on loans2,480 1,078 (2,065)(768)742 2,343 3,810 
Gross charge-offs(2,858)— — — — (2,864)(5,722)
Gross recoveries195 3 7 9 — 840 1,054 
Net (charge-offs) recoveries(2,663)3 7 9 — (2,024)(4,668)
Ending balance$7,240 $3,363 $13,878 $1,049 $20,265 $13,816 $59,611 
(dollars in thousands)
Six Months Ended June 30, 2026Commercial & IndustrialConstructionResidential MortgageHome EquityCommercial MortgageConsumerTotal
Beginning balance$7,982 $3,815 $14,219 $1,242 $19,544 $12,819 $59,621 
Provision (credit) for credit losses on loans2,219 502 (1,122)(179)1,809 2,799 6,028 
Gross charge-offs(2,409)— (23)— — (4,584)(7,016)
Gross recoveries373 2 18 12 — 1,543 1,948 
Net (charge-offs) recoveries(2,036)2 (5)12 — (3,041)(5,068)
Ending balance$8,165 $4,319 $13,092 $1,075 $21,353 $12,577 $60,581 

(dollars in thousands)
Six Months Ended June 30, 2025Commercial & IndustrialConstructionResidential MortgageHome EquityCommercial MortgageConsumerTotal
Beginning balance$7,113 $2,316 $15,267 $2,335 $18,882 $13,269 $59,182 
Provision (credit) for credit losses on loans3,199 1,044 (1,406)(1,298)1,383 4,793 7,715 
Gross charge-offs(3,438)— — — — (5,841)(9,279)
Gross recoveries366 3 17 12 — 1,595 1,993 
Net (charge-offs) recoveries(3,072)3 17 12 — (4,246)(7,286)
Ending balance$7,240 $3,363 $13,878 $1,049 $20,265 $13,816 $59,611 
The following table presents the activities in the reserve for off-balance sheet credit exposures, which is reported within other liabilities on the Company's consolidated balance sheets, for the periods presented. The related provision (credit) for off-balance sheet credit exposures is included in the provision for credit losses on the Company's consolidated statements of income for the periods presented.
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2026202520262025
Beginning balance$5,071 $2,837 $5,442 $2,570 
Provision for off-balance sheet credit exposures1,078 1,177 707 1,444 
Ending balance$6,149 $4,014 $6,149 $4,014