v3.26.1
Loans and Allowance for Credit Losses
 6 Months Ended
Jun. 30, 2026
Loans and Leases Receivable Disclosure [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure Loans and Leases and Allowance for Credit Losses
Loans and leases are presented in the Consolidated Statements of Financial Condition net of deferred fees and costs, and discounts related to purchased loans. Net deferred fees were $24.4 million and $21.2 million as of June 30, 2026 and December 31, 2025, respectively, and discounts on purchased loans from acquisitions were $17.6 million and $20.2 million as of June 30, 2026 and December 31, 2025, respectively. The following table provides outstanding balances related to each of our loan types:
 
June 30, 2026December 31, 2025
(dollars in thousands)
Commercial, financial, agricultural and other$2,071,387 $2,044,989 
Time and demand1,151,708 1,226,054 
Commercial credit cards12,135 11,408 
Equipment finance784,754 693,265 
Time and demand other122,790 114,262 
Real estate construction486,666 462,786 
Construction other456,253 415,536 
Construction residential30,413 47,250 
Residential real estate2,368,166 2,360,285 
Residential first lien1,605,497 1,631,019 
Residential junior lien/home equity762,669 729,266 
Commercial real estate3,083,774 3,182,109 
Multifamily636,826 594,790 
Non-owner occupied1,690,230 1,834,016 
Owner occupied756,718 753,303 
Loans to individuals1,457,236 1,457,870 
Automobile and recreational vehicles1,390,894 1,387,195 
Consumer credit cards8,819 9,496 
Consumer other57,523 61,179 
Total loans and leases$9,467,229 $9,508,039 
First Commonwealth’s loan portfolio includes five primary loan categories. When calculating the allowance for credit losses these categories are classified into fourteen portfolio segments. The composition of loans by portfolio segment includes:
Commercial, financial, agricultural and other
Time & Demand - Consists primarily of commercial and industrial loans. This category consists of loans that are typically cash flow dependent and therefore have different risk and loss characteristics than other commercial loans. Loans in this category include revolving and term structures with fixed and variable interest rates. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of business bankruptcies and economic conditions measured by GDP.
Commercial Credit Cards - Consists of unsecured credit cards for commercial customers. These commercial credit cards have separate characteristics outside of normal commercial non-real estate loans, as they tend to have shorter overall duration. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of business bankruptcies and economic conditions measured by GDP.
Equipment Finance - Consists of loans and leases to finance the purchase of equipment for commercial customers. The risk and loss characteristics are unique for this group due to the type of collateral. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of business bankruptcies and economic conditions measured by GDP.
Time & Demand Other - Consists primarily of loans to state and political subdivisions and other commercial loans that have different characteristics than loans in the Time and Demand category. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of household obligations ratio and economic conditions measured by GDP.
Real estate construction
Construction Other - Consists of construction loans to commercial builders and developers and are secured by the properties under development.
Construction Residential - Consists of loans to finance the construction of residential properties during the construction period. Borrowers are typically individuals who will occupy the completed single family property.
The risk and loss characteristics of these two construction categories are different than other real estate secured categories due to the collateral being at various stages of completion. The nature of the project and type of borrower of the two construction categories provides for unique risk and loss characteristics for each category. The primary macroeconomic drivers for estimating credit losses for construction loans include forecasts of national unemployment and measures of completed construction projects.
Residential real estate
Residential first lien - Consists of loans with collateral of 1-4 family residencies with a senior lien position. The risk and loss characteristics are unique for this group because the collateral for these loans are the borrower’s primary residence. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of national unemployment and residential property values.
Residential Junior Lien/Home Equity - Consists of loans with collateral of 1-4 family residencies with an open end line of credit or junior lien position. The junior lien position for the majority of these loans provides a higher risk of loss than other residential real estate loans. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of national unemployment and residential property values.
Commercial real estate
Multifamily - Consists of loans secured by commercial multifamily properties. Real estate related to rentals to consumers provide unique risk and loss characteristics. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of completed multifamily construction projects and national unemployment.
Non-owner Occupied - Consists of loans secured by non-owner occupied commercial real estate and provides different loss characteristics than other real estate categories. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of national unemployment and changes in the price of commercial real estate.
Owner Occupied - Consists of loans secured by commercial real estate owner occupied properties. The risk and loss characteristics of this category were considered different than other real estate categories because it is owner occupied and would impact the ability to conduct business. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of national unemployment and economic conditions as measured by GDP.
Loans to individuals
Automobile and Recreational Vehicles - Consists of both direct and indirect loans with automobiles and recreational vehicles held as collateral. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of automobile retention value and business bankruptcies, which are better correlated with defaults in this category at this point in the economic cycle.
Consumer Credit Cards – Consists of unsecured consumer credit cards. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of consumer sentiment and median family income.
Other Consumer - Consists of lines of credit, student loans and other consumer loans, not secured by real estate or autos. The primary macroeconomic drivers for estimating credit losses for this category include forecasts of consumer confidence and retail sales.
Calculation of the Allowance for Credit Losses
The allowance for credit losses is calculated by pooling loans with similar credit risk characteristics and applying a discounted cash flow methodology after incorporating probability of default and loss given default estimates. Probability of default represents an estimate of the likelihood of default, and loss given default measures the expected loss upon default. Inputs impacting the expected losses include a forecast of macroeconomic factors, using a weighted forecast from a nationally recognized firm. Our model incorporates a one-year forecast of macroeconomic factors, after which the factors revert back to
the historical mean over a one-year period. The most significant macroeconomic factor used in estimating credit losses is the national unemployment rate. The forecasted value for national unemployment at the beginning of the forecast period was 4.23%, and during the one-year forecast period it was projected to average 5.13%, with a peak of 5.46%.
Credit Quality Information
As part of the on-going monitoring of credit quality within the loan portfolio, the following credit worthiness categories are used in grading our loans:
Pass  Acceptable levels of risk exist in the relationship. Includes all loans not classified as OAEM, substandard or doubtful.
Other Assets Especially Mentioned (OAEM)Potential weaknesses that deserve management’s close attention. The potential weaknesses may result in deterioration of the repayment prospects or weaken the Company’s credit position at some future date. The credit risk may be relatively minor, yet constitute an undesirable risk in light of the circumstances surrounding the specific credit. No loss of principal or interest is expected.
SubstandardWell-defined weakness or a weakness that jeopardizes the repayment of the debt. A loan may be classified as substandard as a result of deterioration of the borrower’s financial condition and repayment capacity. Loans for which repayment plans have not been met or collateral equity margins do not protect the Company may also be classified as substandard.
DoubtfulLoans with the characteristics of substandard loans with the added characteristic that collection or liquidation in full, on the basis of presently existing facts and conditions, is highly improbable.
The Company’s internal creditworthiness grading system provides a measurement of credit risk based primarily on an evaluation of the borrower’s cash flow and collateral. Category ratings are reviewed each quarter, at which time management analyzes the results, as well as other external statistics and factors related to loan performance.
The following tables represent our credit risk profile by creditworthiness category. In the table for the year ended December 31, 2025, the balance of the doubtful category had been fully provided for in the allowance for credit losses and was subsequently charged-off in the first quarter of 2026
June 30, 2026
Non-Pass
PassOAEMSubstandardDoubtfulLossTotal Non-PassTotal
(dollars in thousands)
Commercial, financial, agricultural and other$1,941,594 $65,883 $63,910 $— $— $129,793 $2,071,387 
Time and demand1,034,354 61,798 55,556 — — 117,354 1,151,708 
Commercial credit cards12,135 — — — — — 12,135 
Equipment finance772,315 4,085 8,354 — — 12,439 784,754 
Time and demand other122,790 — — — — — 122,790 
Real estate construction486,119 427 120 — — 547 486,666 
Construction other455,706 427 120 — — 547 456,253 
Construction residential30,413 — — — — — 30,413 
Residential real estate2,350,590 2,098 15,478 — — 17,576 2,368,166 
Residential first lien1,592,791 2,098 10,608 — — 12,706 1,605,497 
Residential junior lien/home equity757,799 — 4,870 — — 4,870 762,669 
Commercial real estate2,945,202 69,682 68,890 — — 138,572 3,083,774 
Multifamily613,807 11,800 11,219 — — 23,019 636,826 
Non-owner occupied1,623,800 34,844 31,586 — — 66,430 1,690,230 
Owner occupied707,595 23,038 26,085 — — 49,123 756,718 
Loans to individuals1,457,227 — 9 — — 9 1,457,236 
Automobile and recreational vehicles1,390,887 — 7 — — 7 1,390,894 
Consumer credit cards8,819 — — — — — 8,819 
Consumer other57,521 — 2 — — 2 57,523 
Total loans and leases$9,180,732 $138,090 $148,407 $— $— $286,497 $9,467,229 
 
December 31, 2025
Non-Pass
PassOAEMSubstandardDoubtfulLossTotal Non-PassTotal
(dollars in thousands)
Commercial, financial, agricultural and other$1,924,977 $53,739 $65,381 $892 $— $120,012 $2,044,989 
Time and demand1,112,673 49,765 62,724 892 — 113,381 1,226,054 
Commercial credit cards11,408 — — — — — 11,408 
Equipment finance686,636 3,972 2,657 — — 6,629 693,265 
Time and demand other114,260 2 — — — 2 114,262 
Real estate construction460,716 463 1,607 — — 2,070 462,786 
Construction other413,466 463 1,607 — — 2,070 415,536 
Construction residential47,250 — — — — — 47,250 
Residential real estate2,342,701 4,402 13,182 — — 17,584 2,360,285 
Residential first lien1,618,090 4,402 8,527 — — 12,929 1,631,019 
Residential junior lien/home equity724,611 — 4,655 — — 4,655 729,266 
Commercial real estate3,054,645 69,182 58,282 — — 127,464 3,182,109 
Multifamily575,330 7,718 11,742 — — 19,460 594,790 
Non-owner occupied1,777,941 40,928 15,147 — — 56,075 1,834,016 
Owner occupied701,374 20,536 31,393 — — 51,929 753,303 
Loans to individuals1,457,836 — 34 — — 34 1,457,870 
Automobile and recreational vehicles1,387,163 — 32 — — 32 1,387,195 
Consumer credit cards9,496 — — — — — 9,496 
Consumer other61,177 — 2 — — 2 61,179 
Total loans and leases$9,240,875 $127,786 $138,486 $892 $— $267,164 $9,508,039 
The following table summarizes the loan risk rating category by loan type including term loans on an amortized cost basis by origination year:
June 30, 2026
Term LoansRevolving Loans
20262025202420232022PriorTotal
(dollars in thousands)
Time and demand$63,223 $120,098 $127,317 $82,220 $70,492 $102,248 $586,110 $1,151,708 
Pass63,223 111,528 108,090 77,991 63,702 83,349 526,471 1,034,354 
OAEM— 4,036 14,769 691 3,643 9,639 29,020 61,798 
Substandard— 4,534 4,458 3,538 3,147 9,260 30,619 55,556 
Gross charge-offs— (357)(883)(132)(662)(542)(5,484)(8,060)
Gross recoveries— — 13 — 82 153 171 419 
Commercial credit cards— — — — — — 12,135 12,135 
Pass— — — — — — 12,135 12,135 
Gross charge-offs— — — — — — (277)(277)
Gross recoveries— — — — — — 3 3 
Equipment finance197,710 337,961 162,411 69,917 16,755 — — 784,754 
Pass197,710 332,847 158,136 67,995 15,627 — — 772,315 
OAEM— 1,890 1,191 648 356 — — 4,085 
Substandard— 3,224 3,084 1,274 772 — — 8,354 
Gross charge-offs— (917)(1,277)(502)(196)— — (2,892)
Gross recoveries— 15 128 38 121 — — 302 
June 30, 2026
Term LoansRevolving Loans
20262025202420232022PriorTotal
(dollars in thousands)
Time and demand other15,076 8,329 10,321 14,644 5,625 59,419 9,376 122,790 
Pass15,076 8,329 10,321 14,644 5,625 59,419 9,376 122,790 
Gross charge-offs— — — — — — (1,049)(1,049)
Gross recoveries— — — — — — 108 108 
Construction other40,320 212,399 85,262 100,532 565 13,617 3,558 456,253 
Pass40,320 212,399 85,262 100,276 394 13,497 3,558 455,706 
OAEM— — — 256 171 — — 427 
Substandard— — — — — 120 — 120 
Gross charge-offs— — — — — (326)— (326)
Gross recoveries— — — — — — — — 
Construction residential6,311 16,484 2,574 1,729 2,499 813 3 30,413 
Pass6,311 16,484 2,574 1,729 2,499 813 3 30,413 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — — — — 
Residential first lien49,415 84,414 52,110 143,465 324,993 948,640 2,460 1,605,497 
Pass49,390 84,405 51,291 140,664 321,932 942,709 2,400 1,592,791 
OAEM— — 586 — — 1,452 60 2,098 
Substandard25 9 233 2,801 3,061 4,479 — 10,608 
Gross charge-offs— — — (17)(311)(86)— (414)
Gross recoveries— — — — — 39 — 39 
Residential junior lien/home equity25,137 47,876 15,813 40,030 42,671 32,931 558,211 762,669 
Pass25,137 47,876 15,813 40,030 42,561 32,740 553,642 757,799 
Substandard— — — — 110 191 4,569 4,870 
Gross charge-offs— — — — — — (45)(45)
Gross recoveries— — — — — 9 25 34 
Multifamily33,703 32,778 56,186 121,450 166,172 224,897 1,640 636,826 
Pass33,703 32,778 52,887 120,185 153,426 219,188 1,640 613,807 
OAEM— — 3,299 1,265 1,537 5,699 — 11,800 
Substandard— — — — 11,209 10 — 11,219 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — — — — 
Non-owner occupied91,658 187,836 91,723 191,022 367,243 748,653 12,095 1,690,230 
Pass91,658 187,836 91,525 190,015 352,557 698,179 12,030 1,623,800 
OAEM— — 198 — 12,109 22,537 — 34,844 
Substandard— — — 1,007 2,577 27,937 65 31,586 
Gross charge-offs— — — — — (3,568)— (3,568)
Gross recoveries— — — — — 9 — 9 
Owner occupied44,840 122,390 74,948 99,271 121,256 279,672 14,341 756,718 
Pass44,840 121,528 63,808 94,578 113,612 257,506 11,723 707,595 
OAEM— 573 6,467 2,159 3,065 9,555 1,219 23,038 
Substandard— 289 4,673 2,534 4,579 12,611 1,399 26,085 
Gross charge-offs— — (658)— (36)— (258)(952)
Gross recoveries— — — 28 172 44 — 244 
Automobile and recreational vehicles266,028 462,338 234,895 173,865 154,807 98,961 — 1,390,894 
Pass266,028 462,338 234,895 173,865 154,807 98,954 — 1,390,887 
Substandard— — — — — 7 — 7 
Gross charge-offs(22)(831)(1,014)(890)(757)(406)— (3,920)
Gross recoveries— 122 406 353 341 267 — 1,489 
June 30, 2026
Term LoansRevolving Loans
20262025202420232022PriorTotal
(dollars in thousands)
Consumer credit cards— — — — — — 8,819 8,819 
Pass— — — — — — 8,819 8,819 
Gross charge-offs— — — — — — (202)(202)
Gross recoveries— — — — — — 31 31 
Consumer other3,677 5,256 3,606 1,588 661 8,993 33,742 57,523 
Pass3,677 5,256 3,606 1,588 661 8,993 33,740 57,521 
Substandard— — — — — — 2 2 
Gross charge-offs— (81)(64)(38)(12)(63)(434)(692)
Gross recoveries— — 3 13 7 37 57 117 
Total loans and leases$837,098 $1,638,159 $917,166 $1,039,733 $1,273,739 $2,518,844 $1,242,490 $9,467,229 
Total charge-offs$(22)$(2,186)$(3,896)$(1,579)$(1,974)$(4,991)$(7,749)$(22,397)
Total recoveries$— $137 $550 $432 $723 $558 $395 $2,795 
December 31, 2025
Term LoansRevolving Loans
20252024202320222021PriorTotal
(dollars in thousands)
Time and demand$144,802 $143,570 $95,587 $90,711 $66,053 $94,425 $590,906 $1,226,054 
Pass138,416 129,314 90,204 82,891 55,709 84,813 531,326 1,112,673 
OAEM1,615 10,115 2,639 2,655 1,888 1,888 28,965 49,765 
Substandard4,771 4,141 2,744 5,165 8,456 7,724 29,723 62,724 
Doubtful— — — — — — 892 892 
Gross charge-offs(305)(283)(400)(2,897)(389)(2,368)(9,540)(16,182)
Gross recoveries— — — 402 26 862 2,933 4,223 
Commercial credit cards— — — — — — 11,408 11,408 
Pass— — — — — — 11,408 11,408 
Gross charge-offs— — — — — — (302)(302)
Gross recoveries— — — — — — 35 35 
Equipment finance385,806 195,713 87,528 24,218 — — — 693,265 
Pass385,724 192,228 85,679 23,005 — — — 686,636 
OAEM82 2,588 740 562 — — — 3,972 
Substandard— 897 1,109 651 — — — 2,657 
Gross charge-offs(89)(673)(418)(1,108)— — — (2,288)
Gross recoveries— 7 165 454 — — — 626 
Time and demand other9,347 10,927 12,347 4,079 15,114 50,358 12,090 114,262 
Pass9,347 10,927 12,347 4,079 15,114 50,358 12,088 114,260 
OAEM— — — — — — 2 2 
Gross charge-offs— — — — — — (1,480)(1,480)
Gross recoveries— — — — — 1 233 234 
Construction other149,758 78,078 115,404 32,501 28,324 8,905 2,566 415,536 
Pass149,758 78,078 115,115 32,327 26,849 8,773 2,566 413,466 
OAEM— — 289 174 — — — 463 
Substandard— — — — 1,475 132 — 1,607 
Gross charge-offs(10)— (359)(355)— — (8)(732)
Gross recoveries— — — — — — — — 
December 31, 2025
Term LoansRevolving Loans
20252024202320222021PriorTotal
(dollars in thousands)
Construction residential18,358 6,101 16,798 3,449 1,055 — 1,489 47,250 
Pass18,358 6,101 16,798 3,449 1,055 — 1,489 47,250 
Gross charge-offs— — — — (562)— — (562)
Gross recoveries— — — — — — — — 
Residential first lien86,293 55,820 136,773 343,907 438,644 567,149 2,433 1,631,019 
Pass86,284 55,582 134,414 339,023 436,767 563,651 2,369 1,618,090 
OAEM— — — 3,474 169 695 64 4,402 
Substandard9 238 2,359 1,410 1,708 2,803 — 8,527 
Gross charge-offs— (4)(330)(17)(105)(45)— (501)
Gross recoveries— — — — — 66 — 66 
Residential junior lien/home equity51,282 17,507 44,622 47,598 31,875 4,869 531,513 729,266 
Pass51,282 17,507 44,611 47,523 31,875 4,678 527,135 724,611 
Substandard— — 11 75 — 191 4,378 4,655 
Gross charge-offs— — — — — — (244)(244)
Gross recoveries— — — — — 13 155 168 
Multifamily32,759 33,307 70,651 196,678 110,591 148,908 1,896 594,790 
Pass32,759 33,307 70,651 183,418 105,594 148,005 1,596 575,330 
OAEM— — — 1,563 4,997 858 300 7,718 
Substandard— — — 11,697 — 45 — 11,742 
Gross charge-offs— — — (169)(92)(505)— (766)
Gross recoveries— — — — — — — — 
Non-owner occupied194,436 109,688 212,880 384,761 186,461 732,319 13,471 1,834,016 
Pass194,436 109,688 212,880 374,468 179,869 693,195 13,405 1,777,941 
OAEM— — — 9,201 6,592 25,135 — 40,928 
Substandard— — — 1,092 — 13,989 66 15,147 
Gross charge-offs— (2)(93)(1,284)(239)(3,145)(7)(4,770)
Gross recoveries— — — — — 148 — 148 
Owner occupied124,044 79,594 102,865 130,905 108,227 193,605 14,063 753,303 
Pass123,755 66,642 97,396 119,327 104,482 177,382 12,390 701,374 
OAEM— 5,994 3,352 3,080 2,606 4,172 1,332 20,536 
Substandard289 6,958 2,117 8,498 1,139 12,051 341 31,393 
Gross charge-offs(98)(131)(140)(1,175)(63)(42)(3)(1,652)
Gross recoveries— — — — — 69 — 69 
Automobile and recreational vehicles545,133 287,068 217,215 204,073 87,300 46,406 — 1,387,195 
Pass545,133 287,057 217,215 204,061 87,300 46,397 — 1,387,163 
Substandard— 11 — 12 — 9 — 32 
Gross charge-offs(229)(1,401)(2,037)(2,079)(879)(400)— (7,025)
Gross recoveries25 409 643 1,047 477 391 — 2,992 
Consumer credit cards— — — — — — 9,496 9,496 
Pass— — — — — — 9,496 9,496 
Gross charge-offs— — — — — — (346)(346)
Gross recoveries— — — — — — 79 79 
Consumer other6,592 4,881 2,331 1,074 7,711 2,308 36,282 61,179 
Pass6,592 4,881 2,331 1,074 7,711 2,308 36,280 61,177 
Substandard— — — — — — 2 2 
Gross charge-offs(17)(91)(151)(74)(135)(1)(1,047)(1,516)
Gross recoveries6 1 22 14 38 34 236 351 
Total loans and leases$1,748,610 $1,022,254 $1,115,001 $1,463,954 $1,081,355 $1,849,252 $1,227,613 $9,508,039 
December 31, 2025
Term LoansRevolving Loans
20252024202320222021PriorTotal
(dollars in thousands)
Total charge-offs$(748)$(2,585)$(3,928)$(9,158)$(2,464)$(6,506)$(12,977)$(38,366)
Total recoveries$31 $417 $830 $1,917 $541 $1,584 $3,671 $8,991 
Portfolio Risks
The credit quality of our loan portfolio can potentially represent significant risk to our earnings, capital and liquidity. First Commonwealth devotes substantial resources to managing this risk primarily through our credit administration department that develops and administers policies and procedures for underwriting, maintaining, monitoring and collecting loans. Credit administration is independent of lending departments and oversight is provided by the Risk Committee of the First Commonwealth Board of Directors.
Total net charge-offs for the six months ended June 30, 2026 and 2025 were $19.6 million and $5.9 million, respectively.
Age Analysis of Past Due Loans by Segment
The following tables delineate the aging analysis of the recorded investments in past due loans as of June 30, 2026 and December 31, 2025. Also included in these tables are loans that are 90 days or more past due and still accruing because they are well-secured and in the process of collection.

June 30, 2026
30 - 59 days past due60 - 89 days past due90 days or greater and still accruingNonaccrualTotal past due and nonaccrualCurrentTotal
(dollars in thousands)
Commercial, financial, agricultural and other$4,085 $10,375 $1,675 $40,682 $56,817 $2,014,570 $2,071,387 
Time and demand1,425 9,164 1,675 38,004 50,268 1,101,440 1,151,708 
Commercial credit cards45 31 — — 76 12,059 12,135 
Equipment finance2,614 1,180 — 2,678 6,472 778,282 784,754 
Time and demand other1 — — — 1 122,789 122,790 
Real estate construction1,703 — — — 1,703 484,963 486,666 
Construction other918 — — — 918 455,335 456,253 
Construction residential785 — — — 785 29,628 30,413 
Residential real estate7,061 3,192 1,149 15,329 26,731 2,341,435 2,368,166 
Residential first lien3,786 2,017 982 10,459 17,244 1,588,253 1,605,497 
Residential junior lien/home equity3,275 1,175 167 4,870 9,487 753,182 762,669 
Commercial real estate7,849 1,389 — 25,622 34,860 3,048,914 3,083,774 
Multifamily— — — 10,846 10,846 625,980 636,826 
Non-owner occupied1,163 — — 6,389 7,552 1,682,678 1,690,230 
Owner occupied6,686 1,389 — 8,387 16,462 740,256 756,718 
Loans to individuals6,276 1,302 394 7 7,979 1,449,257 1,457,236 
Automobile and recreational vehicles5,906 1,082 213 5 7,206 1,383,688 1,390,894 
Consumer credit cards42 43 — — 85 8,734 8,819 
Consumer other328 177 181 2 688 56,835 57,523 
Total loans and leases$26,974 $16,258 $3,218 $81,640 $128,090 $9,339,139 $9,467,229 
 
December 31, 2025
30 - 59 days past due60 - 89 days past due90 days or greater and still accruingNonaccrualTotal past due and nonaccrual CurrentTotal
(dollars in thousands)
Commercial, financial, agricultural and other$5,127 $595 $217 $46,618 $52,557 $1,992,432 $2,044,989 
Time and demand2,666 125 107 45,288 48,186 1,177,868 1,226,054 
Commercial credit cards75 32 — — 107 11,301 11,408 
Equipment finance2,382 438 110 1,330 4,260 689,005 693,265 
Time and demand other4 — — — 4 114,258 114,262 
Real estate construction— — — 1,475 1,475 461,311 462,786 
Construction other— — — 1,475 1,475 414,061 415,536 
Construction residential— — — — — 47,250 47,250 
Residential real estate8,197 1,870 581 13,019 23,667 2,336,618 2,360,285 
Residential first lien5,054 1,456 317 8,364 15,191 1,615,828 1,631,019 
Residential junior lien/home equity3,143 414 264 4,655 8,476 720,790 729,266 
Commercial real estate1,975 10,070 — 30,612 42,657 3,139,452 3,182,109 
Multifamily417 — — 10 427 594,363 594,790 
Non-owner occupied534 10,070 — 14,156 24,760 1,809,256 1,834,016 
Owner occupied1,024 — — 16,446 17,470 735,833 753,303 
Loans to individuals6,733 1,225 490 32 8,480 1,449,390 1,457,870 
Automobile and recreational vehicles6,262 1,022 168 30 7,482 1,379,713 1,387,195 
Consumer credit cards50 35 — — 85 9,411 9,496 
Consumer other421 168 322 2 913 60,266 61,179 
Total loans and leases$22,032 $13,760 $1,288 $91,756 $128,836 $9,379,203 $9,508,039 
Nonaccrual Loans
The previous tables summarize nonaccrual loans by loan segment. The Company generally places loans on nonaccrual status when the full and timely collection of interest or principal becomes uncertain, when part of the principal balance has been charged off and no restructuring has occurred, or the loans reach a certain number of days past due. Generally, loans 90 days or more past due are placed on nonaccrual status, except for most consumer loans, which are placed on nonaccrual status at 150 days past due. Consumer loans related to automobile and recreational vehicles are either charged off or repossessed at no later than 90 days past due unless the borrower is in the process of collection through bankruptcy proceedings.
When a loan is placed on nonaccrual, the accrued unpaid interest receivable is reversed against interest income and all future payments received are applied as a reduction to the loan principal. Generally, the loan is returned to accrual status when (a) all delinquent interest and principal becomes current under the terms of the loan agreement or (b) the loan is both well-secured and in the process of collection and collectability is no longer in doubt.
Nonaccrual loans in the above tables include loans with government guarantees of $23.3 million at June 30, 2026 and $31.5 million at December 31, 2025.
Nonperforming Loans
Management considers loans to be nonperforming when, based on current information and events, it is determined that the Company will not be able to collect all amounts due according to the loan contract, including scheduled interest payments. When management identifies a loan as nonperforming, the credit loss is measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole source for repayment of the loan is the operation or liquidation of collateral. When the loan is collateral dependent, the appraised value less estimated cost to sell is
utilized. If management determines that the value of the loan is less than the recorded investment in the loan, a credit loss is recognized through an allowance estimate or a charge-off to the allowance for credit losses.
When the ultimate collectability of the total principal of a nonperforming loan is in doubt and the loan is on nonaccrual status, all payments are applied to principal under the cost recovery method. When the ultimate collectability of the total principal of a nonperforming loan is not in doubt and the loan is on nonaccrual status, contractual interest is credited to interest income when received under the cash basis method.
At June 30, 2026 and December 31, 2025, there was no nonperforming loans held for sale. During both the six months ended June 30, 2026 and 2025, there were no gains recognized on the sale of nonperforming loans.
The following tables include the recorded investment and unpaid principal balance for nonperforming loans with the associated allowance amount, if applicable, as of June 30, 2026 and December 31, 2025. Also presented are the average recorded investment in nonperforming loans and the related amount of interest recognized while the loan was considered nonperforming. Average balances are calculated using month-end balances of the loans for the period reported and are included in the table below based on their period-end allowance position.
June 30, 2026December 31, 2025
Recorded
investment		Unpaid
principal
balance		Related specific
allowance		Recorded
investment		Unpaid
principal
balance		Related specific
allowance
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$23,411 $33,450 $22,422 $31,583 
Time and demand21,534 31,573 21,092 30,253 
Equipment finance1,877 1,877 1,330 1,330 
Time and demand other— — — — 
Real estate construction— — 1,475 1,475 
Construction other— — 1,475 1,475 
Construction residential— — — — 
Residential real estate13,357 14,934 11,874 13,678 
Residential first lien9,608 10,577 7,219 8,148 
Residential junior lien/home equity3,749 4,357 4,655 5,530 
Commercial real estate14,786 22,426 17,853 23,807 
Multifamily10 12 10 12 
Non-owner occupied6,389 11,993 8,799 12,879 
Owner occupied8,387 10,421 9,044 10,916 
Loans to individuals7 16 32 78 
Automobile and recreational vehicles5 14 30 62 
Consumer other2 2 2 16 
Subtotal51,561 70,826 53,656 70,621 
With a specific allowance recorded:
Commercial, financial, agricultural and other17,271 18,077 $8,122 24,196 34,249 $6,959 
Time and demand16,470 17,276 7,716 24,196 34,249 6,959 
Equipment finance801 801 406 — — — 
Time and demand other— — — — — — 
Real estate construction— — — — — — 
Construction other— — — — — — 
Construction residential— — — — — — 
Residential real estate1,972 2,308 107 1,145 1,160 162 
Residential first lien851 884 92 1,145 1,160 162 
Residential junior lien/home equity1,121 1,424 15 — — — 
Commercial real estate10,836 10,838 2,085 12,759 12,871 2,715 
Multifamily10,836 10,838 2,085 — — — 
Non-owner occupied— — — 5,357 5,357 2,280 
Owner occupied— — — 7,402 7,514 435 
Loans to individuals— — — — — — 
Automobile and recreational vehicles— — — — — — 
Consumer other— — — — — — 
Subtotal30,079 31,223 10,314 38,100 48,280 9,836 
Total$81,640 $102,049 $10,314 $91,756 $118,901 $9,836 
For the Six Months Ended June 30,
20262025
Average
recorded
investment		Interest
income
recognized		Average
recorded
investment		Interest
income
recognized
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$29,524 $12 $8,647 $78 
Time and demand27,628 12 7,851 78 
Equipment finance1,896 — 796 — 
Time and demand other— — — — 
Real estate construction492 — 1,681 106 
Construction other492 — 1,681 106 
Construction residential— — — — 
Residential real estate12,134 66 9,599 42 
Residential first lien8,480 64 6,759 29 
Residential junior lien/home equity3,654 2 2,840 13 
Commercial real estate22,404 444 21,013 228 
Multifamily10 — 177 — 
Non-owner occupied9,737 391 14,096 184 
Owner occupied12,657 53 6,740 44 
Loans to individuals17 1 262 1 
Automobile and recreational vehicles11 1 223 1 
Consumer other6 — 39 — 
Subtotal64,571 523 41,202 455 
With a specific allowance recorded:
Commercial, financial, agricultural and other13,743 — 18,899 — 
Time and demand13,474 — 18,848 — 
Equipment finance269 — 51 — 
Time and demand other— — — — 
Real estate construction— — 267 — 
Construction other— — 90 — 
Construction residential— — 177 — 
Residential real estate2,006 — 2,789 — 
Residential first lien868 — 1,191 — 
Residential junior lien/home equity1,138 — 1,598 — 
Commercial real estate7,393 — 6,600 — 
Multifamily7,393 — — — 
Non-owner occupied— — 2,920 — 
Owner occupied— — 3,680 — 
Loans to individuals— — — — 
Automobile and recreational vehicles— — — — 
Consumer other— — — — 
Subtotal23,142 — 28,555 — 
Total$87,713 $523 $69,757 $455 
For the Three Months Ended June 30,
20262025
Average
recorded
investment		Interest
income
recognized		Average
recorded
investment		Interest
Income
Recognized
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$25,396 $— $6,906 $— 
Time and demand23,492 — 6,153 — 
Equipment finance1,904 — 753 — 
Time and demand other— — — — 
Real estate construction— — 1,511 — 
Construction other— — 1,511 — 
Construction residential— — — — 
Residential real estate12,933 39 9,359 23 
Residential first lien9,146 37 6,556 10 
Residential junior lien/home equity3,787 2 2,803 13 
Commercial real estate17,857 436 13,021 44 
Multifamily10 — — — 
Non-owner occupied7,208 390 334 — 
Owner occupied10,639 46 12,687 44 
Loans to individuals8 1 254 1 
Automobile and recreational vehicles6 1 246 1 
Consumer other2 — 8 — 
Subtotal56,194 476 31,051 68 
With a specific allowance recorded:
Commercial, financial, agricultural and other15,812 — 32,311 — 
Time and demand15,273 — 32,210 — 
Equipment finance539 — 101 — 
Time and demand other— — — — 
Real estate construction— — 535 — 
Construction other— — 180 — 
Construction residential— — 355 — 
Residential real estate1,988 — 2,941 — 
Residential first lien859 — 1,343 — 
Residential junior lien/home equity1,129 — 1,598 — 
Commercial real estate10,886 — 9,084 — 
Multifamily10,886 — — — 
Non-owner occupied— — 3,184 — 
Owner occupied— — 5,900 — 
Loans to individuals— — — — 
Automobile and recreational vehicles— — — — 
Consumer other— — — — 
Subtotal28,686 — 44,871 — 
Total$84,880 $476 $75,922 $68 
Unfunded commitments related to nonperforming loans were $3.2 million and $0.2 million at June 30, 2026 and December 31, 2025, respectively. After consideration of the requirements to draw and available collateral related to these commitments, it was determined that no reserve was required for these commitments at June 30, 2026 and December 31, 2025.
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
In accordance with ASU 2022-02, Financial Instruments Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ("ASU 2022-02"), modifications to borrowers experiencing financial difficulty may include interest rate reductions, principal forgiveness, other-than-insignificant payment delay, term extensions or any combination thereof. When calculating the allowance for credit losses, these modifications are included in their respective loan segment and an allowance is determined by a loss given default and probability of default methodology.
The following tables present the amortized cost basis of loan modifications made to borrowers experiencing financial difficulty:
For the Six Months Ended June 30, 2026
Rate ReductionTerm ExtensionPayment DeferralTerm Extension and Payment DeferralRate Reduction, Term Extension and Payment DeferralRate Reduction and Payment DeferralTotalPercentage of Total Loans and Leases
(dollars in thousands)
Commercial, financial, agricultural and other$— $— $— $988 $— $— $988 0.05 %
Time and demand— — — 988 — — 988 0.09 
Residential real estate— — — 83 — — 83 — 
Residential first lien— — — 83 — — 83 0.01 
Commercial real estate— 18,523 — — 12,840 — 31,363 1.02 
Multifamily— 10,836 — — — — 10,836 1.70 
Non-owner occupied— 7,687 — — 12,840 — 20,527 1.21 
Total$— $18,523 $— $1,071 $12,840 $— $32,434 0.34 %
For the Six Months Ended June 30, 2025
Rate ReductionTerm ExtensionPayment DeferralTerm Extension and Payment DeferralRate Reduction, Term Extension and Payment DeferralRate Reduction and Payment DeferralTotalPercentage of Total Loans and Leases
(dollars in thousands)
Commercial, financial, agricultural and other$— $— $31,880 $312 $— $— $32,192 1.65 %
Time and demand— — 31,880 — — — 31,880 2.54 
Equipment finance— — — 312 — — 312 0.05 
Residential real estate— — 25 720 — — 745 0.03 
Residential first lien— — — 698 — — 698 0.04 
Residential junior lien/home equity— — 25 22 — — 47 0.01 
Commercial real estate— — — — 3,201 — 3,201 0.10 
Non-owner occupied— — — — 3,201 — 3,201 0.16 
Total$— $— $31,905 $1,032 $3,201 $— $36,138 0.38 %
A modification is considered to be in default when the loan is 90 days or more past due. The following table shows modifications considered to be in default.
June 30, 2026December 31, 2025
Number of ContractsBalanceNumber of ContractsBalance
(dollars in thousands)
Commercial, financial, agricultural and other— $— 1 $2,522 
Time and demand— — 1 2,522 
Residential real estate1 231 2 321 
Residential first lien1 231 2 321 
Total loans and leases1 $231 3 $2,843 
The following table shows the payment status of loans that have been modified in the last twelve months prior to the date presented:
June 30, 2026
Current30 - 59 days past due60 - 89 days past due90 days or greaterTotal
(dollars in thousands)
Commercial, financial, agricultural and other$1,852 $— $— $— $1,852 
Time and demand1,852 — — — 1,852 
Residential real estate217 — 19 230 466 
Residential first lien217 — 19 230 466 
Commercial real estate20,528 — — 15,445 35,973 
Multifamily— — — 10,836 10,836 
Non-owner occupied20,528 — — 4,609 25,137 
Total loans and leases$22,597 $— $19 $15,675 $38,291 

December 31, 2025
Current30 - 59 days past due60 - 89 days past due90 days or greaterTotal
(dollars in thousands)
Commercial, financial, agricultural and other$989 $— $— $2,522 $3,511 
Time and demand864 — — 2,522 3,386 
Equipment finance125 — — — 125 
Residential real estate227 1,823 23 321 2,394 
Residential first lien182 1,823 23 321 2,349 
Residential junior lien/home equity45 — — — 45 
Commercial real estate9,399 — — — 9,399 
Non-owner occupied9,399 — — — 9,399 
Total loans and leases$10,615 $1,823 $23 $2,843 $15,304 
The following tables provide detail related to the allowance for credit losses:
For the Six Months Ended June 30, 2026
Beginning balanceCharge-offsRecoveries
Provision (credit)a
Ending balance
(dollars in thousands)
Commercial, financial, agricultural and other$38,149 $(12,278)$832 $13,842 $40,545 
Time and demand22,223 (8,060)419 8,084 22,666 
Commercial credit cards177 (277)3 284 187 
Equipment finance14,138 (2,892)302 3,714 15,262 
Time and demand other1,611 (1,049)108 1,760 2,430 
Real estate construction7,808 (326)— 803 8,285 
Construction other7,118 (326)— 909 7,701 
Construction residential690 — — (106)584 
Residential real estate21,629 (459)73 1,023 22,266 
Residential first lien15,056 (414)39 785 15,466 
Residential junior lien/home equity6,573 (45)34 238 6,800 
Commercial real estate40,271 (4,520)253 2,449 38,453 
Multifamily5,528 — — 1,721 7,249 
Non-owner occupied24,865 (3,568)9 (443)20,863 
Owner occupied9,878 (952)244 1,171 10,341 
Loans to individuals17,911 (4,814)1,637 3,142 17,876 
Automobile and recreational vehicles14,962 (3,920)1,489 2,547 15,078 
Consumer credit cards473 (202)31 131 433 
Consumer other2,476 (692)117 464 2,365 
Total loans and leases$125,768 $(22,397)$2,795 $21,259 $127,425 
a) The provision expense (credit) shown here excludes the provision for off-balance sheet credit exposure included in the income statement.
For the Six Months Ended June 30, 2025
Beginning balanceDay 1 Allowance for credit loss on PCD acquired loansCharge-offsRecoveries
Provision (credit)a
Ending balance
(dollars in thousands)
Commercial, financial, agricultural and other$29,131 $1,616 $(5,422)$4,367 $8,860 $38,552 
Time and demand19,433 1,616 (3,339)3,802 4,955 26,467 
Commercial credit cards182 — (124)22 133 213 
Equipment finance7,844 — (1,126)422 2,247 9,387 
Time and demand other1,672 — (833)121 1,525 2,485 
Real estate construction6,030 1,104 — — 402 7,536 
Construction other5,916 370 — — 232 6,518 
Construction residential114 734 — — 170 1,018 
Residential real estate22,396 307 (226)183 1,108 23,768 
Residential first lien15,758 300 (108)42 680 16,672 
Residential junior lien/home equity6,638 7 (118)141 428 7,096 
Commercial real estate40,232 1,087 (2,088)167 1,448 40,846 
Multifamily5,431 120 — — (112)5,439 
Non-owner occupied23,332 943 (875)115 (609)22,906 
Owner occupied11,469 24 (1,213)52 2,169 12,501 
Loans to individuals21,117 2 (4,700)1,863 3,982 22,264 
Automobile and recreational vehicles18,693 1 (3,550)1,628 3,411 20,183 
Consumer credit cards341 — (169)48 118 338 
Consumer other2,083 1 (981)187 453 1,743 
Total loans and leases$118,906 $4,116 $(12,436)$6,580 $15,800 $132,966 
a) The provision expense (credit) shown here includes the day 1 provision on non-PCD loans acquired from Center and excludes the provision for off-balance sheet credit exposure included in the income statement.
For the Three Months Ended June 30, 2026
Beginning balanceCharge-offsRecoveries
Provision (credit)a
Ending balance
(dollars in thousands)
Commercial, financial, agricultural and other$42,770 $(8,264)$426 $5,613 $40,545 
Time and demand25,867 (6,143)289 2,653 22,666 
Commercial credit cards208 (136)2 113 187 
Equipment finance14,890 (1,515)87 1,800 15,262 
Time and demand other1,805 (470)48 1,047 2,430 
Real estate construction7,101 — — 1,184 8,285 
Construction other6,561 — — 1,140 7,701 
Construction residential540 — — 44 584 
Residential real estate21,945 (314)47 588 22,266 
Residential first lien15,367 (308)23 384 15,466 
Residential junior lien/home equity6,578 (6)24 204 6,800 
Commercial real estate39,794 (2,212)213 658 38,453 
Multifamily7,522 — — (273)7,249 
Non-owner occupied21,905 (1,552)3 507 20,863 
Owner occupied10,367 (660)210 424 10,341 
Loans to individuals17,573 (2,170)833 1,640 17,876 
Automobile and recreational vehicles14,755 (1,775)776 1,322 15,078 
Consumer credit cards435 (92)10 80 433 
Consumer other2,383 (303)47 238 2,365 
Total loans and leases$129,183 $(12,960)$1,519 $9,683 $127,425 
a) The provision expense (credit) shown here excludes the provision for off-balance sheet credit exposure included in the income statement.
For the Three Months Ended June 30, 2025
Beginning balanceDay 1 Allowance for credit loss on PCD acquired loansCharge-offsRecoveries
Provision (credit)a
Ending balance
(dollars in thousands)
Commercial, financial, agricultural and other$31,345 $1,616 $(1,403)$677 $6,317 $38,552 
Time and demand20,400 1,616 (363)318 4,496 26,467 
Commercial credit cards210 — (26)— 29 213 
Equipment finance8,776 — (550)291 870 9,387 
Time and demand other1,959 — (464)68 922 2,485 
Real estate construction6,832 1,104 — — (400)7,536 
Construction other6,675 370 — — (527)6,518 
Construction residential157 734 — — 127 1,018 
Residential real estate22,338 307 (118)46 1,195 23,768 
Residential first lien15,603 300 (75)26 818 16,672 
Residential junior lien/home equity6,735 7 (43)20 377 7,096 
Commercial real estate38,371 1,087 (624)11 2,001 40,846 
Multifamily5,478 120 — — (159)5,439 
Non-owner occupied21,814 943 (1)5 145 22,906 
Owner occupied11,079 24 (623)6 2,015 12,501 
Loans to individuals21,045 2 (2,281)934 2,564 22,264 
Automobile and recreational vehicles19,049 1 (1,745)782 2,096 20,183 
Consumer credit cards323 — (74)30 59 338 
Consumer other1,673 1 (462)122 409 1,743 
Total loans and leases$119,931 $4,116 $(4,426)$1,668 $11,677 $132,966 
a) The provision expense (credit) shown here includes the day 1 provision on non-PCD loans acquired from Center and excludes the provision for off-balance sheet credit exposure included in the income statement.
Recorded Investment and Unpaid Principal Balance for Impaired Loans with Associated Allowance
The following tables include the recorded investment and unpaid principal balance for nonperforming loans with the associated allowance amount, if applicable, as of June 30, 2026 and December 31, 2025. Also presented are the average recorded investment in nonperforming loans and the related amount of interest recognized while the loan was considered nonperforming. Average balances are calculated using month-end balances of the loans for the period reported and are included in the table below based on their period-end allowance position.
June 30, 2026December 31, 2025
Recorded
investment		Unpaid
principal
balance		Related specific
allowance		Recorded
investment		Unpaid
principal
balance		Related specific
allowance
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$23,411 $33,450 $22,422 $31,583 
Time and demand21,534 31,573 21,092 30,253 
Equipment finance1,877 1,877 1,330 1,330 
Time and demand other— — — — 
Real estate construction— — 1,475 1,475 
Construction other— — 1,475 1,475 
Construction residential— — — — 
Residential real estate13,357 14,934 11,874 13,678 
Residential first lien9,608 10,577 7,219 8,148 
Residential junior lien/home equity3,749 4,357 4,655 5,530 
Commercial real estate14,786 22,426 17,853 23,807 
Multifamily10 12 10 12 
Non-owner occupied6,389 11,993 8,799 12,879 
Owner occupied8,387 10,421 9,044 10,916 
Loans to individuals7 16 32 78 
Automobile and recreational vehicles5 14 30 62 
Consumer other2 2 2 16 
Subtotal51,561 70,826 53,656 70,621 
With a specific allowance recorded:
Commercial, financial, agricultural and other17,271 18,077 $8,122 24,196 34,249 $6,959 
Time and demand16,470 17,276 7,716 24,196 34,249 6,959 
Equipment finance801 801 406 — — — 
Time and demand other— — — — — — 
Real estate construction— — — — — — 
Construction other— — — — — — 
Construction residential— — — — — — 
Residential real estate1,972 2,308 107 1,145 1,160 162 
Residential first lien851 884 92 1,145 1,160 162 
Residential junior lien/home equity1,121 1,424 15 — — — 
Commercial real estate10,836 10,838 2,085 12,759 12,871 2,715 
Multifamily10,836 10,838 2,085 — — — 
Non-owner occupied— — — 5,357 5,357 2,280 
Owner occupied— — — 7,402 7,514 435 
Loans to individuals— — — — — — 
Automobile and recreational vehicles— — — — — — 
Consumer other— — — — — — 
Subtotal30,079 31,223 10,314 38,100 48,280 9,836 
Total$81,640 $102,049 $10,314 $91,756 $118,901 $9,836 
For the Six Months Ended June 30,
20262025
Average
recorded
investment		Interest
income
recognized		Average
recorded
investment		Interest
income
recognized
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$29,524 $12 $8,647 $78 
Time and demand27,628 12 7,851 78 
Equipment finance1,896 — 796 — 
Time and demand other— — — — 
Real estate construction492 — 1,681 106 
Construction other492 — 1,681 106 
Construction residential— — — — 
Residential real estate12,134 66 9,599 42 
Residential first lien8,480 64 6,759 29 
Residential junior lien/home equity3,654 2 2,840 13 
Commercial real estate22,404 444 21,013 228 
Multifamily10 — 177 — 
Non-owner occupied9,737 391 14,096 184 
Owner occupied12,657 53 6,740 44 
Loans to individuals17 1 262 1 
Automobile and recreational vehicles11 1 223 1 
Consumer other6 — 39 — 
Subtotal64,571 523 41,202 455 
With a specific allowance recorded:
Commercial, financial, agricultural and other13,743 — 18,899 — 
Time and demand13,474 — 18,848 — 
Equipment finance269 — 51 — 
Time and demand other— — — — 
Real estate construction— — 267 — 
Construction other— — 90 — 
Construction residential— — 177 — 
Residential real estate2,006 — 2,789 — 
Residential first lien868 — 1,191 — 
Residential junior lien/home equity1,138 — 1,598 — 
Commercial real estate7,393 — 6,600 — 
Multifamily7,393 — — — 
Non-owner occupied— — 2,920 — 
Owner occupied— — 3,680 — 
Loans to individuals— — — — 
Automobile and recreational vehicles— — — — 
Consumer other— — — — 
Subtotal23,142 — 28,555 — 
Total$87,713 $523 $69,757 $455 
For the Three Months Ended June 30,
20262025
Average
recorded
investment		Interest
income
recognized		Average
recorded
investment		Interest
Income
Recognized
(dollars in thousands)
With no related specific allowance recorded:
Commercial, financial, agricultural and other$25,396 $— $6,906 $— 
Time and demand23,492 — 6,153 — 
Equipment finance1,904 — 753 — 
Time and demand other— — — — 
Real estate construction— — 1,511 — 
Construction other— — 1,511 — 
Construction residential— — — — 
Residential real estate12,933 39 9,359 23 
Residential first lien9,146 37 6,556 10 
Residential junior lien/home equity3,787 2 2,803 13 
Commercial real estate17,857 436 13,021 44 
Multifamily10 — — — 
Non-owner occupied7,208 390 334 — 
Owner occupied10,639 46 12,687 44 
Loans to individuals8 1 254 1 
Automobile and recreational vehicles6 1 246 1 
Consumer other2 — 8 — 
Subtotal56,194 476 31,051 68 
With a specific allowance recorded:
Commercial, financial, agricultural and other15,812 — 32,311 — 
Time and demand15,273 — 32,210 — 
Equipment finance539 — 101 — 
Time and demand other— — — — 
Real estate construction— — 535 — 
Construction other— — 180 — 
Construction residential— — 355 — 
Residential real estate1,988 — 2,941 — 
Residential first lien859 — 1,343 — 
Residential junior lien/home equity1,129 — 1,598 — 
Commercial real estate10,886 — 9,084 — 
Multifamily10,886 — — — 
Non-owner occupied— — 3,184 — 
Owner occupied— — 5,900 — 
Loans to individuals— — — — 
Automobile and recreational vehicles— — — — 
Consumer other— — — — 
Subtotal28,686 — 44,871 — 
Total$84,880 $476 $75,922 $68