Loans and Allowance for Credit Losses (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Accounts Notes And Loans Receivable [Line Items] |
|
| Loans, Net of Unearned Income |
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
($ in thousands) |
|
2026 |
|
|
2025 |
|
Commercial non-real estate |
|
$ |
9,961,458 |
|
|
$ |
9,809,011 |
|
Commercial real estate - owner occupied |
|
|
3,353,501 |
|
|
|
3,270,080 |
|
Total commercial and industrial |
|
|
13,314,959 |
|
|
|
13,079,091 |
|
Commercial real estate - income producing |
|
|
4,602,813 |
|
|
|
4,283,168 |
|
Construction and land development |
|
|
1,405,454 |
|
|
|
1,239,086 |
|
Residential mortgages |
|
|
3,909,076 |
|
|
|
4,016,917 |
|
Consumer |
|
|
1,347,871 |
|
|
|
1,340,178 |
|
Total loans |
|
$ |
24,580,173 |
|
|
$ |
23,958,440 |
|
|
| Allowance for Credit Losses by Portfolio Class |
The following tables present activity in the allowance for credit losses by portfolio class for the six months ended June 30, 2026 and 2025, as well as the allowance for credit loss by primary calculation method at the end of each period.
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|
Six Months Ended June 30, 2026 |
|
|
|
|
Commercial |
|
Total |
|
Commercial |
|
|
|
|
|
|
|
|
|
|
Commercial |
|
Real Estate- |
|
Commercial |
|
Real Estate- |
|
Construction |
|
|
|
|
|
|
|
|
Non-Real |
|
Owner |
|
and |
|
Income |
|
and Land |
|
Residential |
|
|
|
|
|
($ in thousands) |
Estate |
|
Occupied |
|
Industrial |
|
Producing |
|
Development |
|
Mortgages |
|
Consumer |
|
Total |
|
Allowance for credit losses |
|
|
|
|
|
|
|
|
|
Allowance for loan losses: |
|
|
|
|
|
|
|
|
|
Beginning balance |
$ |
121,439 |
|
$ |
40,695 |
|
$ |
162,134 |
|
$ |
60,475 |
|
$ |
17,450 |
|
$ |
42,834 |
|
$ |
24,838 |
|
$ |
307,731 |
|
Charge-offs |
|
(16,860 |
) |
|
(8 |
) |
|
(16,868 |
) |
|
— |
|
|
(248 |
) |
|
(531 |
) |
|
(7,927 |
) |
|
(25,574 |
) |
Recoveries |
|
2,684 |
|
|
332 |
|
|
3,016 |
|
|
6 |
|
|
2 |
|
|
203 |
|
|
1,768 |
|
|
4,995 |
|
Net provision for loan losses |
|
18,083 |
|
|
2,508 |
|
|
20,591 |
|
|
(1,772 |
) |
|
2,218 |
|
|
(247 |
) |
|
4,666 |
|
|
25,456 |
|
Ending balance - allowance for loan losses |
$ |
125,346 |
|
$ |
43,527 |
|
$ |
168,873 |
|
$ |
58,709 |
|
$ |
19,422 |
|
$ |
42,259 |
|
$ |
23,345 |
|
$ |
312,608 |
|
Reserve for unfunded lending commitments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning balance |
$ |
12,639 |
|
$ |
371 |
|
$ |
13,010 |
|
$ |
1,005 |
|
$ |
17,949 |
|
$ |
3 |
|
$ |
1,961 |
|
$ |
33,928 |
|
Provision for losses on unfunded commitments |
|
1,176 |
|
|
(54 |
) |
|
1,122 |
|
|
(357 |
) |
|
848 |
|
|
(3 |
) |
|
(119 |
) |
|
1,491 |
|
Ending balance - reserve for unfunded lending commitments |
|
13,815 |
|
|
317 |
|
|
14,132 |
|
|
648 |
|
|
18,797 |
|
|
— |
|
|
1,842 |
|
|
35,419 |
|
Total allowance for credit losses |
$ |
139,161 |
|
$ |
43,844 |
|
$ |
183,005 |
|
$ |
59,357 |
|
$ |
38,219 |
|
$ |
42,259 |
|
$ |
25,187 |
|
$ |
348,027 |
|
Allowance for credit losses: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually evaluated |
$ |
6,380 |
|
$ |
174 |
|
$ |
6,554 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
6,554 |
|
Collectively evaluated |
$ |
132,781 |
|
$ |
43,670 |
|
$ |
176,451 |
|
$ |
59,357 |
|
$ |
38,219 |
|
$ |
42,259 |
|
$ |
25,187 |
|
$ |
341,473 |
|
Six Months Ended June 30, 2025 Commercial Total Commercial Commercial Real Estate- Commercial Real Estate- Construction Non-Real Owner and Income and Land Residential ($ in thousands) Estate Occupied Industrial Producing Development Mortgages Consumer Total Allowance for credit losses Allowance for loan losses: Beginning balance $ 121,090 $ 36,264 $ 157,354 $ 71,975 $ 21,158 $ 42,445 $ 25,950 $ 318,882 Charge-offs (24,484 ) (2,741 ) (27,225 ) (34 ) (33 ) (429 ) (7,900 ) (35,621 ) Recoveries 5,042 363 5,405 — 123 453 1,607 7,588 Net provision for loan losses 20,953 3,827 24,780 (6,606 ) (3,563 ) 1,148 6,581 22,340 Ending balance - allowance for loan losses $ 122,601 $ 37,713 $ 160,314 $ 65,335 $ 17,685 $ 43,617 $ 26,238 $ 313,189 Reserve for unfunded lending commitments: Beginning balance $ 6,441 $ 309 $ 6,750 $ 642 $ 14,639 $ 4 $ 2,018 $ 24,053 Provision for losses on unfunded commitments 1,963 33 1,996 (152 ) 1,483 (3 ) (277 ) 3,047 Ending balance - reserve for unfunded lending commitments 8,404 342 8,746 490 16,122 1 1,741 27,100 Total allowance for credit losses $ 131,005 $ 38,055 $ 169,060 $ 65,825 $ 33,807 $ 43,618 $ 27,979 $ 340,289 Allowance for credit losses Individually evaluated $ 9,626 $ 41 $ 9,667 $ — $ — $ 753 $ 198 $ 10,618 Collectively evaluated $ 121,379 $ 38,014 $ 159,393 $ 65,825 $ 33,807 $ 42,865 $ 27,781 $ 329,671
|
| Composition of Nonaccrual Loans and Without an Allowance for Loan Loss by Portfolio Class |
The following table shows the composition of nonaccrual loans and those without an allowance for loan losses, by portfolio class at June 30, 2026 and December 31, 2025.
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|
June 30, 2026 |
|
December 31, 2025 |
|
($ in thousands) |
Total Nonaccrual |
|
Nonaccrual Without Allowance for Loan Loss |
|
Total Nonaccrual |
|
Nonaccrual Without Allowance for Loan Loss |
|
Commercial non-real estate |
$ |
40,205 |
|
$ |
14,293 |
|
$ |
34,525 |
|
$ |
3,294 |
|
Commercial real estate - owner occupied |
|
6,952 |
|
|
2,314 |
|
|
6,723 |
|
|
1,470 |
|
Total commercial and industrial |
|
47,157 |
|
|
16,607 |
|
|
41,248 |
|
|
4,764 |
|
Commercial real estate - income producing |
|
2,301 |
|
|
1,635 |
|
|
4,760 |
|
|
5,114 |
|
Construction and land development |
|
1,165 |
|
|
— |
|
|
3,173 |
|
|
2,178 |
|
Residential mortgages |
|
51,508 |
|
|
4,516 |
|
|
46,986 |
|
|
2,511 |
|
Consumer |
|
11,550 |
|
|
998 |
|
|
10,703 |
|
|
316 |
|
Total |
$ |
113,681 |
|
$ |
23,756 |
|
$ |
106,870 |
|
$ |
14,883 |
|
|
| Provides Detail by Portfolio Class for Reportable MEFDs |
The tables below provide detail by portfolio class for reportable MEFDs entered into during the three and six months ended June 30, 2026 and 2025. Modified facilities are reported using the balance at the end of each period reported and are reflected only once in each table based on the type of modification or combination of modification.
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|
Three Months Ended June 30, 2026 |
|
|
Term Extension |
|
Significant Payment Delay |
|
Term Extensions and
Significant Payment Delay |
|
Other |
|
($ in thousands) |
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Commercial non-real estate |
$ |
7,839 |
|
|
0.08 |
% |
$ |
10,627 |
|
|
0.11 |
% |
$ |
— |
|
|
— |
|
$ |
— |
|
|
— |
|
Commercial real estate - owner occupied |
|
31,547 |
|
|
0.94 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total commercial and industrial |
|
39,386 |
|
|
0.30 |
% |
|
10,627 |
|
|
0.08 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Construction and land development |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Residential mortgages |
|
1,604 |
|
|
0.04 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Consumer |
|
69 |
|
|
0.01 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total reportable modified loans |
$ |
41,059 |
|
|
0.17 |
% |
$ |
10,627 |
|
|
0.04 |
% |
$ |
— |
|
|
— |
|
$ |
— |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2026 |
|
|
Term Extension |
|
Significant Payment Delay |
|
Term Extensions and
Significant Payment Delay |
|
Other(1) |
|
($ in thousands) |
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Commercial non-real estate |
$ |
8,580 |
|
|
0.09 |
% |
$ |
26,843 |
|
|
0.27 |
% |
$ |
6,519 |
|
|
0.07 |
% |
$ |
— |
|
|
— |
|
Commercial real estate - owner occupied |
|
31,547 |
|
|
0.94 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total commercial and industrial |
|
40,127 |
|
|
0.30 |
% |
|
26,843 |
|
|
0.20 |
% |
|
6,519 |
|
|
0.05 |
% |
|
— |
|
|
— |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Construction and land development |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Residential mortgages |
|
5,536 |
|
|
0.14 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
262 |
|
|
0.01 |
% |
Consumer |
|
99 |
|
|
0.01 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total reportable modified loans |
$ |
45,762 |
|
|
0.19 |
% |
$ |
26,843 |
|
|
0.11 |
% |
$ |
6,519 |
|
|
0.03 |
% |
$ |
262 |
|
|
0.00 |
% |
(1)Includes a combination of interest rate reduction and term extension.
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2025 |
|
|
Term Extension |
|
Significant Payment Delay |
|
Term Extensions and
Significant Payment Delay |
|
Other |
|
($ in thousands) |
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Commercial non-real estate |
$ |
34,384 |
|
|
0.35 |
% |
$ |
9,021 |
|
|
0.09 |
% |
$ |
70 |
|
|
0.00 |
% |
$ |
— |
|
|
— |
|
Commercial real estate - owner occupied |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total commercial and industrial |
|
34,384 |
|
|
0.27 |
% |
|
9,021 |
|
|
0.07 |
% |
|
70 |
|
|
0.00 |
% |
|
— |
|
|
— |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Construction and land development |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Residential mortgages |
|
1,106 |
|
|
0.03 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Consumer |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total reportable modified loans |
$ |
35,490 |
|
|
0.15 |
% |
$ |
9,021 |
|
|
0.04 |
% |
$ |
70 |
|
|
0.00 |
% |
$ |
— |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2025 |
|
|
Term Extension |
|
Significant Payment Delay |
|
Term Extensions and
Significant Payment Delay |
|
Other |
|
($ in thousands) |
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Balance |
|
Percentage of Portfolio |
|
Commercial non-real estate |
$ |
43,015 |
|
|
0.44 |
% |
$ |
9,217 |
|
|
0.09 |
% |
$ |
70 |
|
|
0.00 |
% |
$ |
— |
|
|
— |
|
Commercial real estate - owner occupied |
|
352 |
|
|
0.01 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total commercial and industrial |
|
43,367 |
|
|
0.34 |
% |
|
9,217 |
|
|
0.07 |
% |
|
70 |
|
|
0.00 |
% |
|
— |
|
|
— |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Construction and land development |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Residential mortgages |
|
14,207 |
|
|
0.35 |
% |
|
414 |
|
|
0.01 |
% |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Consumer |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total reportable modified loans |
$ |
57,574 |
|
|
0.25 |
% |
$ |
9,631 |
|
|
0.04 |
% |
$ |
70 |
|
|
0.00 |
% |
$ |
— |
|
|
— |
|
|
| Aging Analysis of Reportable Modifications To Borrowers Experiencing Financial Difficulty by Portfolio Class |
he tables that follow present the aging analysis of reportable modifications to borrowers experiencing financial difficulty by portfolio class at June 30, 2026 and December 31, 2025.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
(in thousands) |
30-59
Days
Past Due |
|
60-89
Days
Past Due |
|
90 Days or more
Past Due |
|
Total
Past Due |
|
Current |
|
Total Reportable
Modified Loans |
|
Commercial non-real estate |
$ |
5,000 |
|
$ |
9,852 |
|
$ |
— |
|
$ |
14,852 |
|
$ |
85,748 |
|
$ |
100,600 |
|
Commercial real estate - owner occupied |
|
223 |
|
|
— |
|
|
— |
|
|
223 |
|
|
31,547 |
|
|
31,770 |
|
Total commercial and industrial |
|
5,223 |
|
|
9,852 |
|
|
— |
|
|
15,075 |
|
|
117,295 |
|
|
132,370 |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
10,668 |
|
|
10,668 |
|
Construction and land development |
|
— |
|
|
— |
|
|
146 |
|
|
146 |
|
|
— |
|
|
146 |
|
Residential mortgages |
|
— |
|
|
588 |
|
|
2,227 |
|
|
2,815 |
|
|
8,009 |
|
|
10,824 |
|
Consumer |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
277 |
|
|
277 |
|
Total reportable modified loans |
$ |
5,223 |
|
$ |
10,440 |
|
$ |
2,373 |
|
$ |
18,036 |
|
$ |
136,249 |
|
$ |
154,285 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
(in thousands) |
30-59
Days
Past Due |
|
60-89
Days
Past Due |
|
90 Days or more
Past Due |
|
Total
Past Due |
|
Current |
|
Total Reportable
Modified Loans |
|
Commercial non-real estate |
$ |
— |
|
$ |
27,670 |
|
$ |
734 |
|
$ |
28,404 |
|
$ |
74,911 |
|
$ |
103,315 |
|
Commercial real estate - owner occupied |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
28,939 |
|
|
28,939 |
|
Total commercial and industrial |
|
— |
|
|
27,670 |
|
|
734 |
|
|
28,404 |
|
|
103,850 |
|
|
132,254 |
|
Commercial real estate - income producing |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
14,914 |
|
|
14,914 |
|
Construction and land development |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
147 |
|
|
147 |
|
Residential mortgages |
|
1,285 |
|
|
416 |
|
|
— |
|
|
1,701 |
|
|
13,458 |
|
|
15,159 |
|
Consumer |
|
— |
|
|
— |
|
|
148 |
|
|
148 |
|
|
227 |
|
|
375 |
|
Total reportable modified loans |
$ |
1,285 |
|
$ |
28,086 |
|
$ |
882 |
|
$ |
30,253 |
|
$ |
132,596 |
|
$ |
162,849 |
|
|
| Aging Analysis of Past Due Loans by Portfolio Class |
The tables below present the aging analysis of past due loans by portfolio class at June 30, 2026 and December 31, 2025.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
($ in thousands) |
30-59
Days
Past Due |
|
60-89
Days
Past Due |
|
90 Days or more
Past Due |
|
Total
Past Due |
|
Current |
|
Total
Loans |
|
Recorded
Investment
> 90 Days and
Still Accruing |
|
Commercial non-real estate |
$ |
22,170 |
|
$ |
20,938 |
|
$ |
36,190 |
|
$ |
79,298 |
|
$ |
9,882,160 |
|
$ |
9,961,458 |
|
$ |
11,846 |
|
Commercial real estate - owner occupied |
|
10,088 |
|
|
4,110 |
|
|
9,184 |
|
|
23,382 |
|
|
3,330,119 |
|
|
3,353,501 |
|
|
3,289 |
|
Total commercial and industrial |
|
32,258 |
|
|
25,048 |
|
|
45,374 |
|
|
102,680 |
|
|
13,212,279 |
|
|
13,314,959 |
|
|
15,135 |
|
Commercial real estate - income producing |
|
5,210 |
|
|
3,360 |
|
|
12,439 |
|
|
21,009 |
|
|
4,581,804 |
|
|
4,602,813 |
|
|
10,585 |
|
Construction and land development |
|
91 |
|
|
141 |
|
|
1,015 |
|
|
1,247 |
|
|
1,404,207 |
|
|
1,405,454 |
|
|
60 |
|
Residential mortgages |
|
12,771 |
|
|
15,533 |
|
|
40,094 |
|
|
68,398 |
|
|
3,840,678 |
|
|
3,909,076 |
|
|
83 |
|
Consumer |
|
7,518 |
|
|
2,591 |
|
|
9,473 |
|
|
19,582 |
|
|
1,328,289 |
|
|
1,347,871 |
|
|
1,890 |
|
Total loans |
$ |
57,848 |
|
$ |
46,673 |
|
$ |
108,395 |
|
$ |
212,916 |
|
$ |
24,367,257 |
|
$ |
24,580,173 |
|
$ |
27,753 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
($ in thousands) |
30-59
Days
Past Due |
|
60-89
Days
Past Due |
|
90 Days or more
Past Due |
|
Total
Past Due |
|
Current |
|
Total
Loans |
|
Recorded
Investment
> 90 Days and
Still Accruing |
|
Commercial non-real estate |
$ |
19,008 |
|
$ |
43,316 |
|
$ |
39,954 |
|
$ |
102,278 |
|
$ |
9,706,733 |
|
$ |
9,809,011 |
|
$ |
20,358 |
|
Commercial real estate - owner occupied |
|
15,013 |
|
|
308 |
|
|
7,609 |
|
|
22,930 |
|
|
3,247,150 |
|
|
3,270,080 |
|
|
1,586 |
|
Total commercial and industrial |
|
34,021 |
|
|
43,624 |
|
|
47,563 |
|
|
125,208 |
|
|
12,953,883 |
|
|
13,079,091 |
|
|
21,944 |
|
Commercial real estate - income producing |
|
990 |
|
|
2,806 |
|
|
7,177 |
|
|
10,973 |
|
|
4,272,195 |
|
|
4,283,168 |
|
|
2,928 |
|
Construction and land development |
|
1,754 |
|
|
564 |
|
|
3,488 |
|
|
5,806 |
|
|
1,233,280 |
|
|
1,239,086 |
|
|
565 |
|
Residential mortgages |
|
42,302 |
|
|
17,984 |
|
|
34,656 |
|
|
94,942 |
|
|
3,921,975 |
|
|
4,016,917 |
|
|
116 |
|
Consumer |
|
9,284 |
|
|
4,675 |
|
|
9,839 |
|
|
23,798 |
|
|
1,316,380 |
|
|
1,340,178 |
|
|
3,245 |
|
Total loans |
$ |
88,351 |
|
$ |
69,653 |
|
$ |
102,723 |
|
$ |
260,727 |
|
$ |
23,697,713 |
|
$ |
23,958,440 |
|
$ |
28,798 |
|
|
| Credit Quality Indicators by Segment and Portfolio Class |
The following tables present credit quality disclosures of amortized cost by class and vintage for term loans and by revolving and revolving converted to amortizing at June 30, 2026 and December 31, 2025. The Company defines vintage as the later of origination, renewal or modification date. The gross charge-offs presented in the tables that follow are for the six months ended June 30, 2026 and the year ended December 31, 2025.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loans |
|
|
|
Revolving Loans |
|
|
|
June 30, 2026 |
Amortized Cost Basis by Origination Year |
|
Revolving |
|
Converted to |
|
|
|
($ in thousands) |
2026 |
|
2025 |
|
2024 |
|
2023 |
|
2022 |
|
Prior |
|
Loans |
|
Term Loans |
|
Total |
|
Commercial Non-Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
1,111,184 |
|
$ |
1,754,164 |
|
$ |
940,564 |
|
$ |
638,351 |
|
$ |
603,594 |
|
$ |
1,177,088 |
|
$ |
3,063,650 |
|
$ |
102,582 |
|
$ |
9,391,177 |
|
Pass-Watch |
|
1,378 |
|
|
17,434 |
|
|
21,798 |
|
|
46,322 |
|
|
38,688 |
|
|
22,787 |
|
|
73,867 |
|
|
2,768 |
|
|
225,042 |
|
Special Mention |
|
243 |
|
|
3,760 |
|
|
12,427 |
|
|
6,269 |
|
|
276 |
|
|
25,284 |
|
|
17,438 |
|
|
586 |
|
|
66,283 |
|
Substandard |
|
14,504 |
|
|
8,507 |
|
|
11,953 |
|
|
68,735 |
|
|
81,913 |
|
|
22,581 |
|
|
59,179 |
|
|
11,584 |
|
|
278,956 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
1,127,309 |
|
$ |
1,783,865 |
|
$ |
986,742 |
|
$ |
759,677 |
|
$ |
724,471 |
|
$ |
1,247,740 |
|
$ |
3,214,134 |
|
$ |
117,520 |
|
$ |
9,961,458 |
|
Gross Charge-offs |
$ |
1,004 |
|
$ |
362 |
|
$ |
2,925 |
|
$ |
6,392 |
|
$ |
466 |
|
$ |
2,262 |
|
$ |
1,479 |
|
$ |
1,970 |
|
$ |
16,860 |
|
Commercial Real Estate - Owner Occupied: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
323,827 |
|
$ |
611,937 |
|
$ |
368,299 |
|
$ |
343,016 |
|
$ |
427,741 |
|
$ |
1,060,712 |
|
$ |
57,516 |
|
$ |
1,455 |
|
$ |
3,194,503 |
|
Pass-Watch |
|
2,976 |
|
|
2,731 |
|
|
6,740 |
|
|
2,729 |
|
|
34,010 |
|
|
17,119 |
|
|
418 |
|
|
— |
|
|
66,723 |
|
Special Mention |
|
1,422 |
|
|
2,332 |
|
|
1,536 |
|
|
378 |
|
|
6,915 |
|
|
5,735 |
|
|
— |
|
|
176 |
|
|
18,494 |
|
Substandard |
|
31,547 |
|
|
4,352 |
|
|
797 |
|
|
6,162 |
|
|
15,788 |
|
|
14,895 |
|
|
240 |
|
|
— |
|
|
73,781 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
359,772 |
|
$ |
621,352 |
|
$ |
377,372 |
|
$ |
352,285 |
|
$ |
484,454 |
|
$ |
1,098,461 |
|
$ |
58,174 |
|
$ |
1,631 |
|
$ |
3,353,501 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
8 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
8 |
|
Commercial Real Estate - Income Producing: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
626,738 |
|
$ |
1,062,870 |
|
$ |
510,159 |
|
$ |
543,816 |
|
$ |
627,524 |
|
$ |
991,109 |
|
$ |
62,268 |
|
$ |
3,095 |
|
$ |
4,427,579 |
|
Pass-Watch |
|
4,516 |
|
|
15,659 |
|
|
3,591 |
|
|
— |
|
|
91,041 |
|
|
38,653 |
|
|
369 |
|
|
223 |
|
|
154,052 |
|
Special Mention |
|
295 |
|
|
450 |
|
|
— |
|
|
218 |
|
|
— |
|
|
2,953 |
|
|
— |
|
|
— |
|
|
3,916 |
|
Substandard |
|
— |
|
|
696 |
|
|
— |
|
|
3,787 |
|
|
3,711 |
|
|
7,704 |
|
|
500 |
|
|
868 |
|
|
17,266 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
631,549 |
|
$ |
1,079,675 |
|
$ |
513,750 |
|
$ |
547,821 |
|
$ |
722,276 |
|
$ |
1,040,419 |
|
$ |
63,137 |
|
$ |
4,186 |
|
$ |
4,602,813 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
Construction and Land Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
142,437 |
|
$ |
557,980 |
|
$ |
281,100 |
|
$ |
141,658 |
|
$ |
41,881 |
|
$ |
82,912 |
|
$ |
109,668 |
|
$ |
3,113 |
|
$ |
1,360,749 |
|
Pass-Watch |
|
288 |
|
|
2,956 |
|
|
370 |
|
|
1,368 |
|
|
232 |
|
|
186 |
|
|
6,016 |
|
|
— |
|
|
11,416 |
|
Special Mention |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Substandard |
|
185 |
|
|
446 |
|
|
98 |
|
|
1,479 |
|
|
30,472 |
|
|
344 |
|
|
— |
|
|
265 |
|
|
33,289 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
142,910 |
|
$ |
561,382 |
|
$ |
281,568 |
|
$ |
144,505 |
|
$ |
72,585 |
|
$ |
83,442 |
|
$ |
115,684 |
|
$ |
3,378 |
|
$ |
1,405,454 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
218 |
|
$ |
30 |
|
$ |
— |
|
$ |
— |
|
$ |
248 |
|
Residential Mortgage: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performing |
$ |
132,762 |
|
$ |
302,967 |
|
$ |
121,275 |
|
$ |
369,811 |
|
$ |
998,935 |
|
$ |
1,928,977 |
|
$ |
2,841 |
|
$ |
— |
|
$ |
3,857,568 |
|
Nonperforming |
|
— |
|
|
970 |
|
|
1,979 |
|
|
11,659 |
|
|
11,751 |
|
|
25,149 |
|
|
— |
|
|
— |
|
|
51,508 |
|
Total |
$ |
132,762 |
|
$ |
303,937 |
|
$ |
123,254 |
|
$ |
381,470 |
|
$ |
1,010,686 |
|
$ |
1,954,126 |
|
$ |
2,841 |
|
$ |
— |
|
$ |
3,909,076 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
282 |
|
$ |
189 |
|
$ |
60 |
|
$ |
— |
|
$ |
— |
|
$ |
531 |
|
Consumer Loans: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performing |
$ |
38,634 |
|
$ |
24,878 |
|
$ |
19,055 |
|
$ |
16,505 |
|
$ |
12,474 |
|
$ |
65,978 |
|
$ |
1,139,640 |
|
$ |
19,157 |
|
$ |
1,336,321 |
|
Nonperforming |
$ |
— |
|
|
40 |
|
|
255 |
|
|
1,283 |
|
|
1,213 |
|
|
6,946 |
|
|
636 |
|
|
1,177 |
|
|
11,550 |
|
Total |
$ |
38,634 |
|
$ |
24,918 |
|
$ |
19,310 |
|
$ |
17,788 |
|
$ |
13,687 |
|
$ |
72,924 |
|
$ |
1,140,276 |
|
$ |
20,334 |
|
$ |
1,347,871 |
|
Gross Charge-offs |
$ |
— |
|
$ |
187 |
|
$ |
443 |
|
$ |
485 |
|
$ |
397 |
|
$ |
331 |
|
$ |
5,227 |
|
$ |
857 |
|
$ |
7,927 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loans |
|
|
|
Revolving Loans |
|
|
|
December 31, 2025 |
Amortized Cost Basis by Origination Year |
|
Revolving |
|
Converted to |
|
|
|
($ in thousands) |
2025 |
|
2024 |
|
2023 |
|
2022 |
|
2021 |
|
Prior |
|
Loans |
|
Term Loans |
|
Total |
|
Commercial Non-Real Estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
2,030,587 |
|
$ |
1,164,266 |
|
$ |
711,218 |
|
$ |
812,902 |
|
$ |
525,095 |
|
$ |
891,032 |
|
$ |
2,955,174 |
|
$ |
90,350 |
|
$ |
9,180,624 |
|
Pass-Watch |
|
24,737 |
|
|
27,477 |
|
|
39,683 |
|
|
33,385 |
|
|
12,896 |
|
|
18,064 |
|
|
94,461 |
|
|
15,417 |
|
|
266,120 |
|
Special Mention |
|
2,405 |
|
|
6,975 |
|
|
6,239 |
|
|
27,719 |
|
|
10,564 |
|
|
4,305 |
|
|
28,330 |
|
|
2,192 |
|
|
88,729 |
|
Substandard |
|
13,738 |
|
|
6,450 |
|
|
81,228 |
|
|
87,745 |
|
|
11,275 |
|
|
6,798 |
|
|
51,619 |
|
|
14,685 |
|
|
273,538 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
2,071,467 |
|
$ |
1,205,168 |
|
$ |
838,368 |
|
$ |
961,751 |
|
$ |
559,830 |
|
$ |
920,199 |
|
$ |
3,129,584 |
|
$ |
122,644 |
|
$ |
9,809,011 |
|
Gross Charge-offs |
$ |
4,798 |
|
$ |
2,718 |
|
$ |
15,397 |
|
$ |
2,888 |
|
$ |
74 |
|
$ |
531 |
|
$ |
3,722 |
|
$ |
15,436 |
|
$ |
45,564 |
|
Commercial Real Estate - Owner Occupied: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
616,536 |
|
$ |
401,399 |
|
$ |
312,006 |
|
$ |
461,247 |
|
$ |
459,700 |
|
$ |
711,509 |
|
$ |
51,600 |
|
$ |
50,328 |
|
$ |
3,064,325 |
|
Pass-Watch |
|
26,766 |
|
|
6,397 |
|
|
2,746 |
|
|
43,060 |
|
|
14,187 |
|
|
27,591 |
|
|
2,506 |
|
|
120 |
|
|
123,373 |
|
Special Mention |
|
2,371 |
|
|
2,202 |
|
|
1,008 |
|
|
12,024 |
|
|
5,054 |
|
|
293 |
|
|
195 |
|
|
48 |
|
|
23,195 |
|
Substandard |
|
2,082 |
|
|
822 |
|
|
6,685 |
|
|
20,353 |
|
|
1,472 |
|
|
27,723 |
|
|
50 |
|
|
— |
|
|
59,187 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
647,755 |
|
$ |
410,820 |
|
$ |
322,445 |
|
$ |
536,684 |
|
$ |
480,413 |
|
$ |
767,116 |
|
$ |
54,351 |
|
$ |
50,496 |
|
$ |
3,270,080 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
86 |
|
$ |
— |
|
$ |
2,741 |
|
$ |
1,799 |
|
$ |
— |
|
$ |
— |
|
$ |
4,626 |
|
Commercial Real Estate - Income Producing: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
1,110,044 |
|
$ |
416,052 |
|
$ |
519,955 |
|
$ |
724,326 |
|
$ |
549,335 |
|
$ |
649,996 |
|
$ |
64,217 |
|
$ |
1,490 |
|
$ |
4,035,415 |
|
Pass-Watch |
|
22,429 |
|
|
15,606 |
|
|
4,219 |
|
|
101,959 |
|
|
4,277 |
|
|
40,381 |
|
|
1,123 |
|
|
— |
|
|
189,994 |
|
Special Mention |
|
7,962 |
|
|
— |
|
|
289 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
8,251 |
|
Substandard |
|
192 |
|
|
— |
|
|
7,669 |
|
|
10,441 |
|
|
10,871 |
|
|
20,185 |
|
|
150 |
|
|
— |
|
|
49,508 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
1,140,627 |
|
$ |
431,658 |
|
$ |
532,132 |
|
$ |
836,726 |
|
$ |
564,483 |
|
$ |
710,562 |
|
$ |
65,490 |
|
$ |
1,490 |
|
$ |
4,283,168 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
34 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
34 |
|
Construction and Land Development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
349,811 |
|
$ |
358,827 |
|
$ |
185,672 |
|
$ |
54,798 |
|
$ |
75,084 |
|
$ |
14,954 |
|
$ |
131,153 |
|
$ |
535 |
|
$ |
1,170,834 |
|
Pass-Watch |
|
29,323 |
|
|
814 |
|
|
1,500 |
|
|
3,299 |
|
|
128 |
|
|
241 |
|
|
— |
|
|
— |
|
|
35,305 |
|
Special Mention |
|
60 |
|
|
— |
|
|
— |
|
|
28,036 |
|
|
112 |
|
|
— |
|
|
— |
|
|
— |
|
|
28,208 |
|
Substandard |
|
72 |
|
|
185 |
|
|
1,665 |
|
|
2,560 |
|
|
135 |
|
|
122 |
|
|
— |
|
|
— |
|
|
4,739 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
379,266 |
|
$ |
359,826 |
|
$ |
188,837 |
|
$ |
88,693 |
|
$ |
75,459 |
|
$ |
15,317 |
|
$ |
131,153 |
|
$ |
535 |
|
$ |
1,239,086 |
|
Gross Charge-offs |
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
1,297 |
|
$ |
— |
|
$ |
17 |
|
$ |
— |
|
$ |
— |
|
$ |
1,314 |
|
Residential Mortgage: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performing |
$ |
360,686 |
|
$ |
131,928 |
|
$ |
390,276 |
|
$ |
1,039,884 |
|
$ |
824,012 |
|
$ |
1,220,288 |
|
$ |
2,857 |
|
$ |
— |
|
$ |
3,969,931 |
|
Nonperforming |
|
371 |
|
|
2,300 |
|
|
10,582 |
|
|
10,244 |
|
|
6,335 |
|
|
17,154 |
|
|
— |
|
|
— |
|
|
46,986 |
|
Total |
$ |
361,057 |
|
$ |
134,228 |
|
$ |
400,858 |
|
$ |
1,050,128 |
|
$ |
830,347 |
|
$ |
1,237,442 |
|
$ |
2,857 |
|
$ |
— |
|
$ |
4,016,917 |
|
Gross Charge-offs |
$ |
— |
|
$ |
36 |
|
$ |
502 |
|
$ |
335 |
|
$ |
— |
|
$ |
49 |
|
$ |
— |
|
$ |
— |
|
$ |
922 |
|
Consumer Loans: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performing |
$ |
50,512 |
|
$ |
24,693 |
|
$ |
22,963 |
|
$ |
18,103 |
|
$ |
8,928 |
|
$ |
47,131 |
|
$ |
1,123,471 |
|
$ |
33,674 |
|
$ |
1,329,475 |
|
Nonperforming |
|
51 |
|
|
44 |
|
|
349 |
|
|
842 |
|
|
627 |
|
|
4,367 |
|
|
408 |
|
|
4,015 |
|
|
10,703 |
|
Total |
$ |
50,563 |
|
$ |
24,737 |
|
$ |
23,312 |
|
$ |
18,945 |
|
$ |
9,555 |
|
$ |
51,498 |
|
$ |
1,123,879 |
|
$ |
37,689 |
|
$ |
1,340,178 |
|
Gross Charge-offs |
$ |
85 |
|
$ |
952 |
|
$ |
1,104 |
|
$ |
1,277 |
|
$ |
528 |
|
$ |
695 |
|
$ |
9,228 |
|
$ |
2,137 |
|
$ |
16,006 |
|
|
| Total Commercial [Member] |
|
| Accounts Notes And Loans Receivable [Line Items] |
|
| Credit Quality Indicators by Segment and Portfolio Class |
The following tables present the credit quality indicators by segment and portfolio class of loans at June 30, 2026 and December 31, 2025.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
($ in thousands) |
Commercial
Non-Real Estate |
|
Commercial
Real Estate -
Owner-Occupied |
|
Total
Commercial
and Industrial |
|
Commercial
Real Estate -
Income Producing |
|
Construction and
Land Development |
|
Total
Commercial |
|
Grade: |
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
9,391,177 |
|
$ |
3,194,503 |
|
$ |
12,585,680 |
|
$ |
4,427,579 |
|
$ |
1,360,749 |
|
$ |
18,374,008 |
|
Pass-Watch |
|
225,042 |
|
|
66,723 |
|
|
291,765 |
|
|
154,052 |
|
|
11,416 |
|
|
457,233 |
|
Special Mention |
|
66,283 |
|
|
18,494 |
|
|
84,777 |
|
|
3,916 |
|
|
— |
|
|
88,693 |
|
Substandard |
|
278,956 |
|
|
73,781 |
|
|
352,737 |
|
|
17,266 |
|
|
33,289 |
|
|
403,292 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
9,961,458 |
|
$ |
3,353,501 |
|
$ |
13,314,959 |
|
$ |
4,602,813 |
|
$ |
1,405,454 |
|
$ |
19,323,226 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
($ in thousands) |
Commercial
Non-Real Estate |
|
Commercial
Real Estate -
Owner-Occupied |
|
Total
Commercial
and Industrial |
|
Commercial
Real Estate -
Income Producing |
|
Construction and
Land Development |
|
Total
Commercial |
|
Grade: |
|
|
|
|
|
|
|
|
|
|
|
|
Pass |
$ |
9,180,624 |
|
$ |
3,064,325 |
|
$ |
12,244,949 |
|
$ |
4,035,415 |
|
$ |
1,170,834 |
|
$ |
17,451,198 |
|
Pass-Watch |
|
266,120 |
|
|
123,373 |
|
|
389,493 |
|
|
189,994 |
|
|
35,305 |
|
|
614,792 |
|
Special Mention |
|
88,729 |
|
|
23,195 |
|
|
111,924 |
|
|
8,251 |
|
|
28,208 |
|
|
148,383 |
|
Substandard |
|
273,538 |
|
|
59,187 |
|
|
332,725 |
|
|
49,508 |
|
|
4,739 |
|
|
386,972 |
|
Doubtful |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Total |
$ |
9,809,011 |
|
$ |
3,270,080 |
|
$ |
13,079,091 |
|
$ |
4,283,168 |
|
$ |
1,239,086 |
|
$ |
18,601,345 |
|
|
| Residential Mortgage and Consumer [Member] |
|
| Accounts Notes And Loans Receivable [Line Items] |
|
| Credit Quality Indicators by Segment and Portfolio Class |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
|
December 31, 2025 |
|
($ in thousands) |
|
Residential
Mortgage |
|
|
Consumer |
|
|
Total |
|
|
Residential
Mortgage |
|
|
Consumer |
|
|
Total |
|
Performing |
|
$ |
3,857,568 |
|
|
$ |
1,336,321 |
|
|
$ |
5,193,889 |
|
|
$ |
3,969,931 |
|
|
$ |
1,329,475 |
|
|
$ |
5,299,406 |
|
Nonperforming |
|
|
51,508 |
|
|
|
11,550 |
|
|
|
63,058 |
|
|
|
46,986 |
|
|
|
10,703 |
|
|
|
57,689 |
|
Total |
|
$ |
3,909,076 |
|
|
$ |
1,347,871 |
|
|
$ |
5,256,947 |
|
|
$ |
4,016,917 |
|
|
$ |
1,340,178 |
|
|
$ |
5,357,095 |
|
|