Total loans and leases consist of originated loans and leases, purchased credit deteriorated ("PCD") and acquired non-credit-deteriorated loans and leases. Fair value adjustments for acquired loans are included in total loans and leases. At June 30, 2026 and December 31, 2025, total loans and leases included the guaranteed amount of U.S. government guaranteed loans of $104.5 million and $97.8 million, respectively. At June 30, 2026 and December 31, 2025, the discount on the unguaranteed portion of U.S. government guaranteed loans was $26.0 million and $25.6 million, respectively, which is included in total loans and leases. At June 30, 2026 and December 31, 2025, commercial and industrial loans included overdraft deposits of $570,000 and $2.6 million, respectively, which were reclassified as loans. At June 30, 2026 and December 31, 2025, loans and leases and loans held for sale pledged as security for borrowings were $2.1 billion and $2.0 billion, respectively. Accrued interest on loans and leases was $33.0 million and $34.8 million at June 30, 2026 and December 31, 2025, respectively, and is included in the accrued interest receivable and other assets line item on the Condensed Consolidated Statement of Financial Condition.

Originated loans and leases represent originations excluding loans initially acquired in a business combination. However, once an acquired loan reaches its maturity date, and is re-underwritten and renewed, it is internally classified as an originated loan. PCD loans are those acquired from a business combination with evidence of credit quality deterioration and are accounted for under ASC Topic 326. Acquired non-credit-deteriorated loans and leases represent loans and leases acquired

with an outstanding balance from a business combination without more than insignificant evidence of credit quality deterioration and are accounted for under ASC Topic 310-20. The following tables summarize the balances for each respective loan and lease category as of the dates presented:

PCD loans—The unpaid principal balance and carrying amount of PCD loans excluding an allowance for credit losses - loans and leases of $2.5 million and $3.0 million as of the dates presented:

Acquired non-credit-deteriorated loans and leases—The unpaid principal balance and carrying value for acquired non-credit deteriorated loans and leases, excluding an allowance for credit losses of $2.5 million and $3.6 million at June 30, 2026 and December 31, 2025, respectively, were as follows for the dates presented:

The Company hedges interest rates on certain loans using interest rate swaps through which the Company pays variable amounts and receives fixed amounts. Refer to Note 16—Derivative Instruments and Hedge Activities for additional discussion.

Loans and leases considered for inclusion in the allowance for credit losses include acquired non-credit-deteriorated loans and leases, purchased credit deteriorated loans, and originated loans and leases.

The Bank’s credit risk rating methodology assigns risk ratings from 1 to 10, where a higher rating represents higher risk. Risk ratings for all loans of $1.0 million or more are reviewed annually. The risk rating categories are described by the following groupings:

Pass—Ratings 1‑4 define the risk levels of borrowers and guarantors that offer a minimal to an acceptable level of risk.

Watch—A watch asset (rating of 5) has credit exposure that presents higher than average risk and warrants greater than routine attention by Bank personnel due to conditions affecting the borrower, the borrower’s industry or the economic environment.

Special Mention—A special mention asset (rating of 6) has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date.

Substandard Accrual—A substandard accrual asset (rating of 7) has well‑defined weakness or weaknesses in cash flow and collateral coverage resulting in a distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. This classification may be used in limited cases, where despite credit severity, the borrower is current on payments and there is an agreed plan for credit remediation.

Substandard Non‑Accrual—A substandard asset (rating of 8) has well‑defined weakness or weaknesses in cash flow and collateral coverage resulting in the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected.

Doubtful—A doubtful asset (rating of 9) has all the weaknesses inherent in one classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable.

Loss—A loss asset (rating of 10) is considered uncollectible and of such little value that its continuance as a realizable asset is not warranted.

Revolving loans that are converted to term loans are treated as new originations and are presented by year of origination. Generally, existing term loans that are re-underwritten are reflected in the table in the year of renewal. During the six months ended June 30, 2026, there were $29.7 million of revolving loans that were converted to term loans. During the year ended December 31, 2025, there were $43.3 million of revolving loans that were converted to term loans.

The following tables summarize the risk rating categories of the loans and leases considered for inclusion in the allowance for credit losses - loans and leases calculation, as of the dates presented, and includes the gross charge-offs for the six months ended June 30, 2026 and year ended December 31, 2025:


	Term loans amortized cost by origination year												Revolving		Total
June 30, 2026	2026		2025		2024		2023		2022		Prior		Loans		Loans
Commercial Real Estate
Pass	$	163,600	$	443,057	$	239,179	$	203,799	$	300,110	$	995,614	$	14,964	$	2,360,323
Watch		—		3,225		16,634		28,680		19,280		20,101		—		87,920
Special Mention		—		—		2,006		2,185		1,176		23,590		—		28,957
Substandard		—		1,481		9,182		4,553		4,551		18,209		—		37,976
Total	$	163,600	$	447,763	$	267,001	$	239,217	$	325,117	$	1,057,514	$	14,964	$	2,515,176
Gross charge-offs, six months ended June 30, 2026	$	—	$	—	$	1	$	165	$	654	$	115	$	—	$	935
Residential Real Estate
Pass	$	46,459	$	72,624	$	31,867	$	70,535	$	112,866	$	318,898	$	66,445	$	719,694
Watch		—		—		—		—		1,912		17,391		1,040		20,343
Special Mention		—		—		—		—		—		—		167		167
Substandard		343		—		—		355		697		1,113		—		2,508
Total	$	46,802	$	72,624	$	31,867	$	70,890	$	115,475	$	337,402	$	67,652	$	742,712
Gross charge-offs, six months ended June 30, 2026	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction, Land Development, & Land
Pass	$	13,822	$	67,924	$	67,938	$	92,210	$	31,178	$	26,205	$	150	$	299,427
Watch		—		—		9,606		—		—		2,971		—		12,577
Special Mention		—		—		—		—		12,366		9,998		—		22,364
Substandard		—		—		—		10,210		2,674		—		—		12,884
Total	$	13,822	$	67,924	$	77,544	$	102,420	$	46,218	$	39,174	$	150	$	347,252
Gross charge-offs, six months ended June 30, 2026	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial & Industrial
Pass	$	295,253	$	393,275	$	316,788	$	329,376	$	355,552	$	414,978	$	683,312	$	2,788,534
Watch		125		45,675		13,748		34,313		29,663		51,614		70,919		246,057
Special Mention		4,921		7,348		1,658		652		2,575		20,466		49,853		87,473
Substandard		—		3,010		8,139		30,290		14,890		16,504		11,482		84,315
Total	$	300,299	$	449,308	$	340,333	$	394,631	$	402,680	$	503,562	$	815,566	$	3,206,379
Gross charge-offs, six months ended June 30, 2026	$	—	$	392	$	1,357	$	2,176	$	1,650	$	4,596	$	894	$	11,065
Installment and Other
Pass	$	562	$	2,372	$	145	$	92	$	12	$	1,937	$	4,682	$	9,802
Watch		—		—		—		—		—		—		—		—
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total	$	562	$	2,372	$	145	$	92	$	12	$	1,937	$	4,682	$	9,802
Gross charge-offs, six months ended June 30, 2026	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Lease Financing Receivables
Pass	$	118,108	$	261,734	$	156,088	$	117,304	$	46,687	$	7,323	$	—	$	707,244
Watch		—		—		190		177		2		—		—		369
Special Mention		—		—		—		—		—		—		—		—
Substandard		462		1,812		3,990		3,654		2,891		668		—		13,477
Total	$	118,570	$	263,546	$	160,268	$	121,135	$	49,580	$	7,991	$	—	$	721,090
Gross charge-offs, six months ended June 30, 2026	$	—	$	93	$	282	$	232	$	455	$	412	$	—	$	1,474
Total Loans and Leases
Risk Rating
Pass	$	637,804	$	1,240,986	$	812,005	$	813,316	$	846,405	$	1,764,955	$	769,553	$	6,885,024
Watch		125		48,900		40,178		63,170		50,857		92,077		71,959		367,266
Special Mention		4,921		7,348		3,664		2,837		16,117		54,054		50,020		138,961
Substandard		805		6,303		21,311		49,062		25,703		36,494		11,482		151,160
Total	$	643,655	$	1,303,537	$	877,158	$	928,385	$	939,082	$	1,947,580	$	903,014	$	7,542,411
Gross charge-offs, six months ended June 30, 2026	$	—	$	485	$	1,640	$	2,573	$	2,759	$	5,123	$	894	$	13,474


	Term loans amortized cost by origination year												Revolving		Total
December 31, 2025	2025		2024		2023		2022		2021		Prior		Loans		Loans
Commercial Real Estate
Pass	$	449,861	$	274,551	$	206,477	$	383,069	$	440,425	$	593,704	$	8,056	$	2,356,143
Watch		1,775		18,531		35,999		40,957		8,149		70,295		—		175,706
Special Mention		—		3,122		2,666		1,374		8,858		15,130		—		31,150
Substandard		221		6,669		9,508		3,406		5,490		18,892		—		44,186
Total	$	451,857	$	302,873	$	254,650	$	428,806	$	462,922	$	698,021	$	8,056	$	2,607,185
Gross charge-offs, year ended December 31, 2025	$	—	$	175	$	210	$	285	$	228	$	10,638	$	—	$	11,536
Residential Real Estate
Pass	$	68,665	$	40,653	$	71,760	$	119,383	$	84,588	$	269,136	$	66,211	$	720,396
Watch		—		—		582		3,789		9,438		19,984		1,405		35,198
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		384		25		94		980		347		1,830
Total	$	68,665	$	40,653	$	72,726	$	123,197	$	94,120	$	290,100	$	67,963	$	757,424
Gross charge-offs, year ended December 31, 2025	$	—	$	—	$	—	$	—	$	—	$	70	$	—	$	70
Construction, Land Development, & Land
Pass	$	44,665	$	75,494	$	115,338	$	55,991	$	39,517	$	6,772	$	110	$	337,887
Watch		—		9,676		—		32,615		—		3,004		—		45,295
Special Mention		—		—		—		12,366		9,997		52		—		22,415
Substandard		—		—		—		2,481		—		—		—		2,481
Total	$	44,665	$	85,170	$	115,338	$	103,453	$	49,514	$	9,828	$	110	$	408,078
Gross charge-offs, year ended December 31, 2025	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial & Industrial
Pass	$	443,606	$	345,964	$	349,598	$	385,699	$	211,144	$	207,576	$	607,729	$	2,551,316
Watch		1,389		14,575		38,505		22,239		20,172		16,689		55,885		169,454
Special Mention		30,933		2,301		23,003		8,626		34,508		36,783		41,505		177,659
Substandard		589		4,901		8,577		22,708		12,004		11,023		8,339		68,141
Total	$	476,517	$	367,741	$	419,683	$	439,272	$	277,828	$	272,071	$	713,458	$	2,966,570
Gross charge-offs, year ended December 31, 2025	$	—	$	3,359	$	3,394	$	6,193	$	1,281	$	5,616	$	522	$	20,365
Installment and Other
Pass	$	2,530	$	193	$	123	$	118	$	11	$	7,459	$	7,372	$	17,806
Watch		—		—		—		—		—		—		—		—
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total	$	2,530	$	193	$	123	$	118	$	11	$	7,459	$	7,372	$	17,806
Gross charge-offs, year ended December 31, 2025	$	—	$	—	$	—	$	—	$	20	$	4	$	—	$	24
Lease Financing Receivables
Pass	$	306,220	$	191,521	$	156,133	$	71,754	$	18,230	$	1,379	$	—	$	745,237
Watch		—		220		329		15		—		—		—		564
Special Mention		—		—		—		—		—		7		—		7
Substandard		319		2,341		1,723		1,584		531		—		—		6,498
Total	$	306,539	$	194,082	$	158,185	$	73,353	$	18,761	$	1,386	$	—	$	752,306
Gross charge-offs, year ended December 31, 2025	$	50	$	521	$	616	$	594	$	532	$	63	$	—	$	2,376
Total Loans and Leases
Pass	$	1,315,547	$	928,376	$	899,429	$	1,016,014	$	793,915	$	1,086,026	$	689,478	$	6,728,785
Watch		3,164		43,002		75,415		99,615		37,759		109,972		57,290		426,217
Special Mention		30,933		5,423		25,669		22,366		53,363		51,972		41,505		231,231
Substandard		1,129		13,911		20,192		30,204		18,119		30,895		8,686		123,136
Total	$	1,350,773	$	990,712	$	1,020,705	$	1,168,199	$	903,156	$	1,278,865	$	796,959	$	7,509,369
Gross charge-offs, year ended December 31, 2025	$	50	$	4,055	$	4,220	$	7,072	$	2,061	$	16,391	$	522	$	34,371

At June 30, 2026 and at December 31, 2025, there were no loans or leases that were risk rated Doubtful or Loss.

The following tables summarize contractual delinquency information of the loans and leases considered for inclusion in the allowance for credit losses - loans and leases calculation as of the dates presented:


June 30, 2026	2026		2025		2024		2023		2022		Prior		Revolving Loans		Total Loans
Commercial Real Estate
Current	$	163,600	$	445,439	$	257,819	$	235,890	$	320,746	$	1,042,696	$	14,964	$	2,481,154
30-59 Days Past Due		—		—		—		—		—		117		—		117
60-89 Days Past Due		—		843		421		1,023		1,036		925		—		4,248
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		1,481		8,761		2,304		3,335		13,776		—		29,657
Total Past Due		—		2,324		9,182		3,327		4,371		14,818		—		34,022
Total	$	163,600	$	447,763	$	267,001	$	239,217	$	325,117	$	1,057,514	$	14,964	$	2,515,176
Residential Real Estate
Current	$	46,459	$	72,624	$	31,867	$	70,890	$	114,513	$	336,008	$	67,485	$	739,846
30-59 Days Past Due		—		—		—		—		—		55		167		222
60-89 Days Past Due		—		—		—		—		265		226		—		491
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		343		—		—		—		697		1,113		—		2,153
Total Past Due		343		—		—		—		962		1,394		167		2,866
Total	$	46,802	$	72,624	$	31,867	$	70,890	$	115,475	$	337,402	$	67,652	$	742,712
Construction, Land Development, & Land
Current	$	13,822	$	67,924	$	77,544	$	102,420	$	46,218	$	39,174	$	150	$	347,252
30-59 Days Past Due		—		—		—		—		—		—		—		—
60-89 Days Past Due		—		—		—		—		—		—		—		—
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		—		—		—		—		—		—		—
Total Past Due		—		—		—		—		—		—		—		—
Total	$	13,822	$	67,924	$	77,544	$	102,420	$	46,218	$	39,174	$	150	$	347,252
Commercial & Industrial
Current	$	300,299	$	446,762	$	332,436	$	368,529	$	398,781	$	487,126	$	809,412	$	3,143,345
30-59 Days Past Due		—		—		—		20,573		—		2,002		4,277		26,852
60-89 Days Past Due		—		1,425		1,904		1,668		1,092		975		31		7,095
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		1,121		5,993		3,861		2,807		13,459		1,846		29,087
Total Past Due		—		2,546		7,897		26,102		3,899		16,436		6,154		63,034
Total	$	300,299	$	449,308	$	340,333	$	394,631	$	402,680	$	503,562	$	815,566	$	3,206,379
Installment and Other
Current	$	562	$	2,372	$	145	$	92	$	12	$	1,913	$	4,682	$	9,778
30-59 Days Past Due		—		—		—		—		—		24		—		24
60-89 Days Past Due		—		—		—		—		—		—		—		—
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		—		—		—		—		—		—		—
Total Past Due		—		—		—		—		—		24		—		24
Total	$	562	$	2,372	$	145	$	92	$	12	$	1,937	$	4,682	$	9,802
Lease Financing Receivables
Current	$	118,155	$	260,340	$	156,391	$	117,095	$	47,223	$	7,333	$	—	$	706,537
30-59 Days Past Due		415		1,884		906		919		304		105		—		4,533
60-89 Days Past Due		—		233		218		136		127		2		—		716
Greater than 90 Accruing		—		98		292		717		—		7		—		1,114
Non-accrual		—		991		2,461		2,268		1,926		544		—		8,190
Total Past Due		415		3,206		3,877		4,040		2,357		658		—		14,553
Total	$	118,570	$	263,546	$	160,268	$	121,135	$	49,580	$	7,991	$	—	$	721,090
Total Loans and Leases
Current	$	642,897	$	1,295,461	$	856,202	$	894,916	$	927,493	$	1,914,250	$	896,693	$	7,427,912
30-59 Days Past Due		415		1,884		906		21,492		304		2,303		4,444		31,748
60-89 Days Past Due		—		2,501		2,543		2,827		2,520		2,128		31		12,550
Greater than 90 Accruing		—		98		292		717		—		7		—		1,114
Non-accrual		343		3,593		17,215		8,433		8,765		28,892		1,846		69,087
Total Past Due		758		8,076		20,956		33,469		11,589		33,330		6,321		114,499
Total	$	643,655	$	1,303,537	$	877,158	$	928,385	$	939,082	$	1,947,580	$	903,014	$	7,542,411


December 31, 2025	2025		2024		2023		2022		2021		Prior		Revolving Loans		Total Loans
Commercial Real Estate
Current	$	450,732	$	294,398	$	245,788	$	424,971	$	461,263	$	684,116	$	8,056	$	2,569,324
30-59 Days Past Due		906		1,501		—		483		—		1,578		—		4,468
60-89 Days Past Due		—		1,090		1,334		800		—		1,309		—		4,533
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		219		5,884		7,528		2,552		1,659		11,018		—		28,860
Total Past Due		1,125		8,475		8,862		3,835		1,659		13,905		—		37,861
Total	$	451,857	$	302,873	$	254,650	$	428,806	$	462,922	$	698,021	$	8,056	$	2,607,185

Residential Real Estate
Current	$	68,665	$	40,653	$	72,342	$	121,355	$	94,026	$	288,227	$	67,167	$	752,435
30-59 Days Past Due		—		—		—		1,550		—		892		449		2,891
60-89 Days Past Due		—		—		384		267		—		—		—		651
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		—		—		25		94		981		347		1,447
Total Past Due		—		—		384		1,842		94		1,873		796		4,989
Total	$	68,665	$	40,653	$	72,726	$	123,197	$	94,120	$	290,100	$	67,963	$	757,424

Construction, Land Development, & Land
Current	$	44,665	$	85,170	$	115,338	$	103,453	$	49,514	$	9,828	$	110	$	408,078
30-59 Days Past Due		—		—		—		—		—		—		—		—
60-89 Days Past Due		—		—		—		—		—		—		—		—
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		—		—		—		—		—		—		—
Total Past Due		—		—		—		—		—		—		—		—
Total	$	44,665	$	85,170	$	115,338	$	103,453	$	49,514	$	9,828	$	110	$	408,078

Commercial & Industrial
Current	$	475,173	$	359,765	$	408,846	$	427,149	$	266,807	$	262,362	$	709,310	$	2,909,412
30-59 Days Past Due		755		3,257		1,600		1,754		39		1,137		847		9,389
60-89 Days Past Due		—		2,312		5,797		583		92		1,182		349		10,315
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		589		2,407		3,440		9,786		10,890		7,390		2,952		37,454
Total Past Due		1,344		7,976		10,837		12,123		11,021		9,709		4,148		57,158
Total	$	476,517	$	367,741	$	419,683	$	439,272	$	277,828	$	272,071	$	713,458	$	2,966,570

Installment and Other
Current	$	2,530	$	193	$	123	$	114	$	11	$	7,459	$	7,372	$	17,802
30-59 Days Past Due		—		—		—		4		—		—		—		4
60-89 Days Past Due		—		—		—		—		—		—		—		—
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		—		—		—		—		—		—		—		—
Total Past Due		—		—		—		4		—		—		—		4
Total	$	2,530	$	193	$	123	$	118	$	11	$	7,459	$	7,372	$	17,806

Lease Financing Receivables
Current	$	302,162	$	189,542	$	153,521	$	70,493	$	17,351	$	1,310	$	—	$	734,379
30-59 Days Past Due		1,960		1,144		1,430		528		180		29		—		5,271
60-89 Days Past Due		2,384		2,775		2,227		934		760		47		—		9,127
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		33		621		1,007		1,398		470		—		—		3,529
Total Past Due		4,377		4,540		4,664		2,860		1,410		76		—		17,927
Total	$	306,539	$	194,082	$	158,185	$	73,353	$	18,761	$	1,386	$	—	$	752,306

Total Loans and Leases
Current	$	1,343,927	$	969,721	$	995,958	$	1,147,535	$	888,972	$	1,253,302	$	792,015	$	7,391,430
30-59 Days Past Due		3,621		5,902		3,030		4,319		219		3,636		1,296		22,023
60-89 Days Past Due		2,384		6,177		9,742		2,584		852		2,538		349		24,626
Greater than 90 Accruing		—		—		—		—		—		—		—		—
Non-accrual		841		8,912		11,975		13,761		13,113		19,389		3,299		71,290
Total Past Due		6,846		20,991		24,747		20,664		14,184		25,563		4,944		117,939
Total	$	1,350,773	$	990,712	$	1,020,705	$	1,168,199	$	903,156	$	1,278,865	$	796,959	$	7,509,369

Total non-accrual loans without an allowance included $2.8 million of commercial real estate loans, $83,000 of residential real estate, and $1.9 million of commercial and industrial loans as of June 30, 2026. The Company recognized $701,000 and $1.5 million of interest income on non-accrual loans and leases for the three and six months ended June 30, 2026, respectively.

Total non-accrual loans without an allowance included $2.7 million of commercial real estate loans, $85,000 of residential real estate loans, and $5.6 million of commercial and industrial loans, as of December 31, 2025. The Company

recognized $899,000 and $1.9 million of interest income on non-accrual loans and leases for the three and six months ended June 30, 2025, respectively.

The following tables summarize the balance and activity within the allowance for credit losses - loans and leases, the components of the allowance for credit losses - loans and leases by loans and leases individually and collectively evaluated for impairment, and corresponding loan and lease balances by type for the periods presented:


June 30, 2026	Commercial Real Estate			Residential Real Estate			Construction, Land Development, and Other Land			Commercial and Industrial			Installment and Other			Lease Financing Receivables			Total
Allowance for credit losses - loans and leases
Three months ended
Beginning balance	$	25,673		$	2,629		$	3,940		$	68,695		$	109		$	7,833		$	108,879
Provision/(recapture)		(637	)		(31	)		(363	)		7,247			(52	)		1,264			7,428
Charge-offs		(284	)		—			—			(5,390	)		—			(722	)		(6,396	)
Recoveries		121			8			—			1,752			—			69			1,950
Ending balance	$	24,873		$	2,606		$	3,577		$	72,304		$	57		$	8,444		$	111,861
Six months ended
Beginning balance	$	27,001		$	3,108		$	4,702		$	65,581		$	92		$	8,350		$	108,834
Provision/(recapture)		(1,504	)		(516	)		(1,127	)		15,263			(35	)		1,342			13,423
Charge-offs		(935	)		—			—			(11,065	)		—			(1,474	)		(13,474	)
Recoveries		311			14			2			2,525			—			226			3,078
Ending balance	$	24,873		$	2,606		$	3,577		$	72,304		$	57		$	8,444		$	111,861
Ending balance:
Individually evaluated for impairment	$	5,864		$	154		$	1,326		$	20,638		$	—		$	—		$	27,982
Collectively evaluated for impairment		19,009			2,452			2,251			51,666			57			8,444			83,879
Total allowance for credit losses - loans and leases	$	24,873		$	2,606		$	3,577		$	72,304		$	57		$	8,444		$	111,861

Loans and leases ending balance:
Individually evaluated for impairment	$	35,648		$	437		$	12,884		$	59,726		$	—		$	—		$	108,695
Collectively evaluated for impairment		2,479,528			742,275			334,368			3,146,653			9,802			721,090			7,433,716
Total loans and leases	$	2,515,176		$	742,712		$	347,252		$	3,206,379		$	9,802		$	721,090		$	7,542,411


June 30, 2025	Commercial Real Estate			Residential Real Estate			Construction, Land Development, and Other Land			Commercial and Industrial			Installment and Other			Lease Financing Receivables			Total
Allowance for credit losses - loans and leases
Three months ended
Beginning balance	$	27,794		$	2,836		$	2,927		$	58,627		$	20		$	8,216		$	100,420
Adjustment for acquired PCD loans		1,503			144			1,152			407			—			—			3,206
Provision/(recapture)		7,086			14			(495	)		4,085			156			911			11,757
Charge-offs		(5,278	)		(70	)		—			(2,373	)		—			(639	)		(8,360	)
Recoveries		44			7			—			580			—			73			704
Ending balance	$	31,149		$	2,931		$	3,584		$	61,326		$	176		$	8,561		$	107,727
Six months ended
Beginning balance	$	27,873		$	2,920		$	2,445		$	56,589		$	45		$	8,116		$	97,988
Adjustment for acquired PCD loans		1,503			144			1,152			407			—			—			3,206
Provision		8,472			(79	)		(13	)		10,761			154			1,538			20,833
Charge-offs		(6,940	)		(70	)		—			(7,699	)		(23	)		(1,264	)		(15,996	)
Recoveries		241			16			—			1,268			—			171			1,696
Ending balance	$	31,149		$	2,931		$	3,584		$	61,326		$	176		$	8,561		$	107,727
Ending balance:
Individually evaluated for impairment	$	9,289		$	119		$	1,158		$	15,757		$	—		$	—		$	26,323
Collectively evaluated for impairment		21,860			2,812			2,426			45,569			176			8,561			81,404
Total allowance for credit losses - loans and leases	$	31,149		$	2,931		$	3,584		$	61,326		$	176		$	8,561		$	107,727

Loans and leases ending balance:
Individually evaluated for impairment	$	57,586		$	1,421		$	4,456		$	48,600		$	—		$	—		$	112,063
Collectively evaluated for impairment		2,435,790			732,287			476,046			2,819,491			20,768			731,610			7,215,992
Total loans and leases	$	2,493,376		$	733,708		$	480,502		$	2,868,091		$	20,768		$	731,610		$	7,328,055

The Company increased the allowance for credit losses - loans and leases by $3.0 million for both the three and six months ended June 30, 2026, respectively. The Company increased the allowance for credit losses - loans and leases by $7.3 million and $9.7 million for the three and six months ended June 30, 2025, respectively. During the second quarter of 2025, a $3.2 million adjustment was made to the allowance for credit losses to account for acquired PCD loans, as a result of the First Security acquisition.

For loans individually evaluated for impairment, the Company increased the allowance for credit losses - loans and leases by $3.7 million and $5.8 million for the three and six months ended June 30, 2026, and increased the allowance for credit losses for loans individually evaluated by $4.3 million and $2.8 million for the three and six months ended June 30, 2025, respectively.

For loans and leases collectively evaluated for impairment, the allowance for credit losses decreased by $692,000 and $2.8 million for the three and six months ended June 30, 2026, respectively. For loans and leases collectively evaluated for impairment, the allowance for credit losses decreased by $3.0 million and $7.0 million for the three and six months ended June 30, 2025, respectively.

For the three months ended June 30, 2026, the increase in the ACL - loans and leases on loans individually evaluated for impairment was primarily due to an increase in allocation on a Commercial and Industrial ("C&I") relationship and new allocations for risk rating downgrades to a C&I loan and a government guaranteed loan. The decrease in the ACL - loans and leases on collectively evaluated loans and leases was due to net risk rating migration upgrades.

For the six months ended June 30, 2026, the increase in the ACL - loans and leases on loans individually evaluated for impairment was primarily due to increased allocations resulting from newly downgraded C&I loans, and the decrease in the ACL - loans and leases on collectively evaluated loans and leases was primarily due to net risk rating migration upgrades and lower outstanding balances in the Commercial Real Estate portfolio.

For the three months ended June 30, 2026, the financial effect of the term modification presented above reflects a 13-month extension of maturity date. The financial effects of loans having a principal forgiveness modification reflect a weighted-average of $100,000 in principal forgiveness. The financial effects of the modifications are estimated using a weighted average based on loan or lease amortized cost.

For the six months ended June 30, 2026, the financial effect of the term modification presented above reflects a 24 month extension of maturity date. The financial effect of loans having a combination of term modification and interest rate reduction presented above reflects a 1.0% reduction in the contractual rate. The financial effects of loans having a principal forgiveness modification reflect a weighted-average of $100,000 in principal forgiveness.

The financial effect of the payment delay presented above reflects a six-month deferral of principal payments. The financial effect of the term modification presented above reflects a twelve month extension of maturity date and other miscellaneous term adjustments.

Modified loans are either collectively assessed based on portfolio risk segment and risk rating or individually assessed for loans exceeding $500,000. Upon the Company’s determination that a modified loan has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

There was $3.9 million and $2.0 million in outstanding commitments on modified loans as of June 30, 2026 and December 31, 2025.

The following table presents the amortized cost basis of collateral-dependent loans and leases, which are individually evaluated to determine expected credit losses as of the dates presented:


June 30, 2026	Commercial Construction		Residential Construction		Non-owner Occupied Commercial		Owner-Occupied Commercial		Single Family Residence (1st Lien)		Single Family Residence (2nd Lien)		Business Assets		Total
Commercial real estate	$	—	$	—	$	10,131	$	25,517	$	—	$	—	$	—	$	35,648
Residential real estate		—		—		—		—		83		355		—		438
Construction, land development, and other land		12,884		—		—		—		—		—		—		12,884
Commercial and industrial		—		—		—		—		—		—		27,061		27,061
Total	$	12,884	$	—	$	10,131	$	25,517	$	83	$	355	$	27,061	$	76,031

December 31, 2025	Commercial Construction		Residential Construction		Non-owner Occupied Commercial		Owner-Occupied Commercial		Single Family Residence (1st Lien)		Single Family Residence (2nd Lien)		Business Assets		Total
Commercial real estate	$	—	$	—	$	12,463	$	33,912	$	—	$	—	$	—	$	46,375
Residential real estate		—		—		—		—		85		384		—		469
Construction, land development, and other land		2,481		616		—		—		—		—		—		3,097
Commercial and industrial		—		—		—		—		—		—		35,608		35,608
Total	$	2,481	$	616	$	12,463	$	33,912	$	85	$	384	$	35,608	$	85,549