v3.26.3
LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)
 9 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Summary of Composition of Loan Portfolio by Loan Class
The following table illustrates the composition of the Corporation’s loan portfolio by loan class as of the dates indicated.
September 30, 2026December 31, 2025
Commercial and industrial loans$4,578,572 $4,478,282 
Agricultural land, production and other loans to farmers339,723 283,125 
Real estate loans:
Construction959,483 804,775 
Commercial real estate, non-owner occupied3,208,902 2,338,666 
Commercial real estate, owner occupied1,440,264 1,237,100 
Residential2,419,376 2,420,310 
Home equity1,139,040 710,980 
Individuals' loans for household and other personal expenditures157,939 155,436 
Public finance and other commercial loans1,357,675 1,363,033 
Loans$15,600,974 $13,791,707 
Summary of Credit Quality of Loan Portfolio by Loan Class
The following tables summarize the risk grading of the Corporation’s loan portfolio and gross charge-offs by loan class and by year of origination for the periods indicated. Consumer loans are not risk graded. For the purposes of this disclosure, consumer loans are classified in the following manner: loans that are less than 30 days past due are Pass, loans 30-89 days past due are Special Mention and loans greater than 89 days past due or nonperforming are Substandard.  The entire balance of a loan is considered delinquent if the minimum payment contractually required to be made is not received by the specified due date.
September 30, 2026
Term Loans (amortized cost basis by origination year)
20262025202420232022PriorRevolving loans amortized cost basisRevolving loans converted to termTotal
Commercial and industrial loans
Pass$639,136 $1,023,933 $495,343 $147,204 $124,450 $177,735 $1,651,199 $505 $4,259,505 
Special Mention1,571 15,134 40,885 14,922 6,017 6,309 67,625 — 152,463 
Substandard5,269 4,665 20,387 5,021 5,292 14,667 80,906 — 136,207 
Doubtful— — 1,169 8,702 434 14,708 5,362 22 30,397 
Total Commercial and industrial loans645,976 1,043,732 557,784 175,849 136,193 213,419 1,805,092 527 4,578,572 
Current period gross charge-offs10 3,341 975 19,459 1,820 15,340 — — 40,945 
Agricultural land, production and other loans to farmers
Pass52,762 61,469 19,627 19,936 25,131 69,241 81,518 — 329,684 
Special Mention35 568 1,484 — 54 1,311 2,700 — 6,152 
Substandard— — 1,752 — 16 1,439 592 — 3,799 
Doubtful— — — 88 — — — — 88 
Total Agricultural land, production and other loans to farmers52,797 62,037 22,863 20,024 25,201 71,991 84,810 — 339,723 
Current period gross charge-offs— 28 — — — — — — 28 
Real estate loans:
Construction
Pass116,898 385,881 277,245 86,737 16,207 16,193 15,822 — 914,983 
Special Mention— 3,731 19,812 9,210 — 9 — — 32,762 
Substandard— — — — 11,399 339 — — 11,738 
Total Construction116,898 389,612 297,057 95,947 27,606 16,541 15,822 — 959,483 
Commercial real estate, non-owner occupied
Pass319,592 508,484 283,843 294,956 529,131 1,065,362 26,253 — 3,027,621 
Special Mention— 7,737 2,473 19,807 3,442 36,026 1,000 — 70,485 
Substandard— 47,525 15,138 6,015 5,300 36,322 496 — 110,796 
Total Commercial real estate, non-owner occupied319,592 563,746 301,454 320,778 537,873 1,137,710 27,749 — 3,208,902 
Current period gross charge-offs— 3,476 — — — 29 — — 3,505 
Commercial real estate, owner occupied
Pass260,900 271,174 131,466 117,636 131,259 389,523 33,603 — 1,335,561 
Special Mention381 3,943 3,077 5,392 12,255 7,580 19,151 — 51,779 
Substandard1,896 4,448 18,481 1,811 14,089 10,949 245 — 51,919 
Doubtful— 17 331 66 — 591 — — 1,005 
Total Commercial real estate, owner occupied263,177 279,582 153,355 124,905 157,603 408,643 52,999 — 1,440,264 
Current period gross charge-offs— — — 107 5 211 — — 323 
Residential
Pass274,724 310,616 179,590 350,216 493,245 733,478 3,431 1,699 2,346,999 
Special Mention312 1,459 314 2,183 5,168 8,488 — — 17,924 
Substandard— 1,973 2,402 9,411 13,570 22,942 3,199 260 53,757 
Doubtful— — 221 — — 129 346 — 696 
Total Residential275,036 314,048 182,527 361,810 511,983 765,037 6,976 1,959 2,419,376 
Current period gross charge-offs— 137 22 436 506 435 — — 1,536 
Home equity
Pass2,926 8,100 3,456 3,877 19,384 46,330 1,014,997 10,501 1,109,571 
Special Mention— — — — 554 233 9,571 183 10,541 
Substandard— — 94 735 306 1,029 16,458 306 18,928 
Total Home equity2,926 8,100 3,550 4,612 20,244 47,592 1,041,026 10,990 1,139,040 
Current period gross charge-offs— — 2 107 24 258 — — 391 
Individuals' loans for household and other personal expenditures
Pass31,794 26,091 11,679 7,924 13,500 4,217 57,668 3,074 155,947 
Special Mention51 301 180 91 62 51 404 59 1,199 
Substandard46 156 47 88 53 48 256 99 793 
Total Individuals' loans for household and other personal expenditures31,891 26,548 11,906 8,103 13,615 4,316 58,328 3,232 157,939 
Current period gross charge-offs82 478 418 384 91 111 — — 1,564 
Public finance and other commercial loans
Pass69,896 89,692 141,261 52,060 200,988 569,047 227,946 — 1,350,890 
Special Mention— — — — — — 6,714 — 6,714 
Substandard— — — — — 71 — — 71 
Total Public finance and other commercial loans69,896 89,692 141,261 52,060 200,988 569,118 234,660 — 1,357,675 
Loans$1,778,189 $2,777,097 $1,671,757 $1,164,088 $1,631,306 $3,234,367 $3,327,462 $16,708 $15,600,974 
Total current period gross charge-offs$92 $7,460 $1,417 $20,493 $2,446 $16,384 $— $— $48,292 
December 31, 2025
Term Loans (amortized cost basis by origination year)
20252024202320222021PriorRevolving loans amortized cost basisRevolving loans converted to termTotal
Commercial and industrial loans
Pass$1,518,095 $710,695 $236,596 $115,775 $69,834 $65,800 $1,540,939 $— $4,257,734 
Special Mention9,552 34,613 7,683 3,246 4,041 479 40,986 — 100,600 
Substandard1,587 17,140 2,671 2,980 11,710 19,116 62,556 — 117,760 
Doubtful401 582 — — — — 1,205 — 2,188 
Total Commercial and industrial loans1,529,635 763,030 246,950 122,001 85,585 85,395 1,645,686 — 4,478,282 
Current period gross charge-offs7,981 1,348 2,434 264 3,685 1,964 — — 17,676 
Agricultural land, production and other loans to farmers
Pass62,959 18,469 20,924 24,465 22,246 42,529 80,039 — 271,631 
Special Mention590 1,636 22 499 — 1,478 1,182 — 5,407 
Substandard600 2,165 16 — — 2,085 1,221 — 6,087 
Total Agricultural land, production and other loans to farmers64,149 22,270 20,962 24,964 22,246 46,092 82,442 — 283,125 
Real estate loans:
Construction
Pass231,041 313,838 100,587 17,515 921 9,954 15,261 — 689,117 
Special Mention41,580 6,104 — — 8,683 — — — 56,367 
Substandard34,176 12,889 641 11,585 — — — — 59,291 
Total Construction306,797 332,831 101,228 29,100 9,604 9,954 15,261 — 804,775 
Current period gross charge-offs— 63 — — 1 — — — 64 
Commercial real estate, non-owner occupied
Pass482,587 259,106 292,161 258,662 367,482 458,340 31,841 — 2,150,179 
Special Mention59,566 36,106 340 3,633 2,308 4,715 100 — 106,768 
Substandard57,489 10,496 5,119 5,171 2,701 662 81 — 81,719 
Total Commercial real estate, non-owner occupied599,642 305,708 297,620 267,466 372,491 463,717 32,022 — 2,338,666 
Current period gross charge-offs— — — 451 — 16 — — 467 
Commercial real estate, owner occupied
Pass332,121 136,005 129,030 141,679 180,180 219,914 33,983 — 1,172,912 
Special Mention883 16,592 1,426 4,922 4,838 1,075 443 — 30,179 
Substandard— 13,510 5,328 5,732 1,061 7,826 260 — 33,717 
Doubtful— 292 — — — — — — 292 
Total Commercial real estate, owner occupied333,004 166,399 135,784 152,333 186,079 228,815 34,686 — 1,237,100 
Current period gross charge-offs— 243 152 — — 4 — — 399 
Residential
Pass310,019 167,128 389,574 613,787 352,662 528,875 7,188 46 2,369,279 
Special Mention345 1,312 6,116 9,565 5,993 4,926 346 — 28,603 
Substandard328 1,411 4,517 7,145 4,840 3,919 268 — 22,428 
Total Residential310,692 169,851 400,207 630,497 363,495 537,720 7,802 46 2,420,310 
Current period gross charge-offs— 114 814 737 102 163 — — 1,930 
Home equity
Pass10,173 3,020 3,431 21,442 42,749 10,194 608,020 1,470 700,499 
Special Mention— 674 — 297 447 59 5,097 329 6,903 
Substandard60 — — 90 304 377 2,637 110 3,578 
Total Home equity10,233 3,694 3,431 21,829 43,500 10,630 615,754 1,909 710,980 
Current period gross charge-offs— 92 8 653 563 204 — — 1,520 
Individuals' loans for household and other personal expenditures
Pass40,478 16,525 12,010 19,038 5,067 3,961 55,751 1,649 154,479 
Special Mention108 139 174 113 152 16 115 140 957 
Total Individuals' loans for household and other personal expenditures40,586 16,664 12,184 19,151 5,219 3,977 55,866 1,789 155,436 
Current period gross charge-offs307 618 612 396 149 83 — — 2,165 
Public finance and other commercial loans
Pass134,004 144,742 52,795 198,964 185,906 407,974 238,648 — 1,363,033 
Total Public finance and other commercial loans134,004 144,742 52,795 198,964 185,906 407,974 238,648 — 1,363,033 
Loans$3,328,742 $1,925,189 $1,271,161 $1,466,305 $1,274,125 $1,794,274 $2,728,167 $3,744 $13,791,707 
Total current period gross charge-offs$8,288 $2,478 $4,020 $2,501 $4,500 $2,434 $— $— $24,221 
The tables below present the amortized cost basis of collateral dependent loans by loan class and their respective collateral type, which are individually evaluated to determine expected credit losses. The total collateral dependent loan balance increased $14.7 million from December 31, 2025, primarily related to increases of $18.1 million and $5.8 million in the commercial and industrial and commercial real estate, owner occupied loan classes, respectively. The increase was partially offset by a decrease of $12.5 million in the construction loan class. The total related allowance balance increased $7.5 million from December 31, 2025, primarily related to an increase of $7.3 million in the commercial and industrial loan class.
September 30, 2026
Commercial Real EstateResidential Real EstateBusiness Assets and OtherTotal Allowance on Collateral Dependent Loans
Commercial and industrial loans$— $— $56,147 $56,147 $20,453 
Real estate loans:
Construction— 9,959 — 9,959 186 
Commercial real estate, non-owner occupied16,405 — — 16,405 2,126 
Commercial real estate, owner occupied11,342 — — 11,342 1,291 
Residential— 2,510 — 2,510 451 
Home equity— 691 — 691 286 
Loans$27,747 $13,160 $56,147 $97,054 $24,793 

December 31, 2025
Commercial Real EstateResidential Real EstateBusiness Assets and OtherTotalAllowance on Collateral Dependent Loans
Commercial and industrial loans$— $— $38,063 $38,063 $13,157 
Real estate loans:
Construction— 22,482 — 22,482 — 
Commercial real estate, non-owner occupied15,161 — — 15,161 3,938 
Commercial real estate, owner occupied5,511 — — 5,511 — 
Residential— 1,023 — 1,023 166 
Home equity— 145 — 145 19 
Loans$20,672 $23,650 $38,063 $82,385 $17,280 
Summary of Past Due Aging of Loan Portfolio by Loan Class The tables below show a past due aging of the Corporation’s loan portfolio, by loan class, as of the dates indicated.
September 30, 2026
Current30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More Past DueTotalLoans > 90 Days or More Past Due
and Accruing
Commercial and industrial loans$4,551,783 $6,603 $3,545 $16,641 $4,578,572 $8,026 
Agricultural land, production and other loans to farmers339,396 239 — 88 339,723 — 
Real estate loans:
Construction946,024 113 — 13,346 959,483 3,627 
Commercial real estate, non-owner occupied3,190,142 8,831 — 9,929 3,208,902 683 
Commercial real estate, owner occupied1,426,092 1,921 5,849 6,402 1,440,264 29 
Residential2,370,269 14,505 7,687 26,915 2,419,376 209 
Home equity1,121,440 8,920 3,443 5,237 1,139,040 — 
Individuals' loans for household and other personal expenditures156,580 1,027 230 102 157,939 98 
Public finance and other commercial loans1,357,675 — — — 1,357,675 — 
Loans$15,459,401 $42,159 $20,754 $78,660 $15,600,974 $12,672 

December 31, 2025
Current30-59 Days
Past Due		60-89 Days
Past Due		90 Days or More Past DueTotalLoans > 90 Days or More Past Due
and Accruing
Commercial and industrial loans$4,459,842 $7,194 $1,160 $10,086 $4,478,282 $313 
Agricultural land, production and other loans to farmers282,411 480 — 234 283,125 — 
Real estate loans:
Construction780,999 — — 23,776 804,775 1,295 
Commercial real estate, non-owner occupied2,318,624 19,125 345 572 2,338,666 — 
Commercial real estate, owner occupied1,227,448 4,295 2,880 2,477 1,237,100 — 
Residential2,372,637 17,182 9,536 20,955 2,420,310 434 
Home equity701,360 4,717 1,427 3,476 710,980 — 
Individuals' loans for household and other personal expenditures154,479 738 219 — 155,436 — 
Public finance and other commercial loans1,363,033 — — — 1,363,033 — 
Loans$13,660,833 $53,731 $15,567 $61,576 $13,791,707 $2,042 
Summary of Non-Accrual Loans by Loan class
The following table summarizes the Corporation’s nonaccrual loans by loan class as of the dates indicated. At September 30, 2026, nonaccrual loans totaled $117.4 million, an increase of $45.6 million from December 31, 2025. The increase was primarily driven by increases of $34.2 million in the commercial and industrial loan class, including three loans totaling $29.7 million, and $8.8 million in the commercial real estate, non-owner occupied loan class, including one relationship totaling $8.7 million. Increases of $7.3 million in commercial real estate, owner occupied and $5.4 million in residential loan classes also contributed to the increase, partially offset by a $12.8 million decrease in the construction loan class primarily attributable to one relationship.

September 30, 2026December 31, 2025
Nonaccrual LoansNonaccrual Loans with no Allowance for Credit LossesNonaccrual LoansNonaccrual Loans with no Allowance for Credit Losses
Commercial and industrial loans$44,727 $1,935 $10,548 $2,174 
Agricultural land, production and other loans to farmers182 — 250 — 
Real estate loans:
Construction9,718 9,674 22,481 22,482 
Commercial real estate, non-owner occupied9,619 — 837 — 
Commercial real estate, owner occupied11,031 4,310 3,705 3,188 
Residential35,142 141 29,774 — 
Home equity6,865 — 4,158 — 
Individuals' loans for household and other personal expenditures41 — 20 — 
Public finance and other commercial loans90 — — — 
Loans$117,415 $16,060 $71,773 $27,844 
Summary of Modified Loans The following tables present the amortized cost basis of loans at September 30, 2026 and 2025 that were both experiencing financial difficulty and modified during the three and nine months ended September 30, 2026 and 2025, by class and by type of modification. For the three and nine months ended September 30, 2026 and 2025, the tables below exclude loan modifications considered insignificant. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below.
Three Months Ended September 30, 2026
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Term ExtensionInterest Rate ReductionCombination Interest Rate Reduction, Term Extension & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$7,676 $630 $— 0.18 %
Real estate loans:
Commercial real estate, non-owner occupied3,082 — — 0.10 %
Commercial real estate, owner occupied1,260 — — 0.09 %
Residential— — 291 0.01 %
Total$12,018 $630 $291 


Three Months Ended September 30, 2025
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionCombination Interest Rate Reduction & Term Extension% of Total Class of Financing Receivable
Commercial and industrial loans$— $6,154 $— 0.13 %
Real estate loans:
Commercial real estate, non-owner occupied— 1,570 6,426 0.35 %
Residential261 — — 0.01 %
Total$261 $7,724 $6,426 

Nine Months Ended September 30, 2026
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$7,217 $13,903 $630 $14,540 $— $— 0.79 %
Real estate loans:
Construction— 1,643 — — — — 0.17 %
Commercial real estate, non-owner occupied5,054 3,082 — — 955 — 0.28 %
Commercial real estate, owner occupied— 4,177 — — — — 0.29 %
Residential281 — — — — 646 0.04 %
Home equity— — — 373 — — 0.03 %
Total$12,552 $22,805 $630 $14,913 $955 $646 
Nine Months Ended September 30, 2025
Loan Modifications Made to Borrowers Experiencing Financial Difficulty
Payment DelayTerm ExtensionInterest Rate ReductionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay% of Total Class of Financing Receivable
Commercial and industrial loans$— $11,201 $— $— $— 0.24 %
Real estate loans:
Commercial real estate, non-owner occupied— 15,515 37,954 12,248 — 2.85 %
Residential977 — — — 1,285 0.09 %
Total$977 $26,716 $37,954 $12,248 $1,285 



The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three and nine months ended September 30, 2026 and 2025.

Three Months Ended September 30, 2026
Financial Effect of Loan Modifications
Term ExtensionInterest Rate ReductionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Extended loans by a weighted average of 11 months.
Reduced the weighted average contractual interest rate from 8.00% to 7.50%.
Real estate loans:
Commercial real estate, non-owner occupied
Extended loans by a weighted average of 9 months.
Commercial real estate, owner occupied
Extended loans by a weighted average of 4 months.
Residential
Reduced the weighted average contractual interest rate from 6.88% to 2.00%, extended loans by a weighted average of 28 months, and provided payment deferrals with weighted average delayed amounts of $13.


Three Months Ended September 30, 2025
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionCombination Interest Rate Reduction & Term Extension
Commercial and industrial loans
Extended loans by a weighted average of 4 months.
Real estate loans:
Commercial real estate, non-owner occupied
Extended loans by a weighted average of 12 months.
Reduced the weighted average contractual interest rate from 12.44% to 7.42% and extended loans by a weighted average of 5 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $28.
Nine Months Ended September 30, 2026
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionInterest Rate ReductionCombination Payment Delay & Term ExtensionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Provided payment deferrals with weighted average delayed amounts of $374.
Extended loans by a weighted average of 27 months.
Reduced the weighted average contractual interest rate from 8.00% to 7.50%.
Provided payment deferrals with weighted average delayed amounts of $909 and extended loans by a weighted average of 6 months.
Real estate loans:
Construction
Extended loans by a weighted average of 12 months.
Commercial real estate, non-owner occupied
Provided payment deferrals with weighted average delayed amounts of $67.
Extended loans by a weighted average of 9 months.
Reduced the weighted average contractual interest rate from 7.16% to 5.86% and extended loans by a weighted average of 60 months.
Commercial real estate, owner occupied
Extended loans by a weighted average of 10 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $19.
Reduced the weighted average contractual interest rate from 6.81% to 2.00%, extended loans by a weighted average of 79 months, and provided payment deferrals with weighted average delayed amounts of $13.
Home equity
Provided payment deferrals with weighted average delayed amounts of $63 and extended loans by a weighted average of 60 months.

Nine Months Ended September 30, 2025
Financial Effect of Loan Modifications
Payment DelayTerm ExtensionInterest Rate ReductionCombination Interest Rate Reduction & Term ExtensionCombination Interest Rate Reduction, Term Extension & Payment Delay
Commercial and industrial loans
Extended loans by a weighted average of 4 months.
Real estate loans:
Commercial real estate, non-owner occupied
Extended loans by a weighted average of 7 months.
Reduced the weighted average contractual interest rate from 7.58% to 6.93%.
Reduced the weighted average contractual interest rate from 13.18% to 7.22%. Extended loans by a weighted average of 10 months.
Residential
Provided payment deferrals with weighted average delayed amounts of $26.
Reduced the weighted average contractual interest rate from 4.50% to 2.50%, extended loans by a weighted average of 68 months, and provided payment deferrals with weighted average delayed amounts of $8.
The Corporation closely monitors the performance of financial difficulty loan modifications to understand the effectiveness of its efforts. The following tables present the performance of financial difficulty loan modifications in the twelve months following modification.

September 30, 2026
Current30-59 Days Past Due60-89 Days Past Due90+ Days Past DueTotal
Commercial and industrial loans$30,997 $— $— $7,217 $38,214 
Real estate loans:
Construction1,643 — — — 1,643 
Commercial real estate, non-owner occupied4,037 5,054 — — 9,091 
Commercial real estate, owner occupied4,177 — — — 4,177 
Residential1,669 — 232 — 1,901 
Home equity373 — — — 373 
Total$42,896 $5,054 $232 $7,217 $55,399 

September 30, 2025
Current30-59 Days Past Due60-89 Days Past Due90+ Days Past DueTotal
Commercial and industrial loans$9,561 $— $— $3,278 $12,839 
Agricultural land, production and other loans to farmers2,177 — — — 2,177 
Real estate loans:
Commercial real estate, non-owner occupied65,717 — — — 65,717 
Residential4,275 351 647 1,764 7,037 
Home equity155 — — — 155 
Total$81,885 $351 $647 $5,042 $87,925 
Summary of Purchase Deteriorated Loans The carrying amount of those loans is shown in the table below:
First Savings
Purchase price of PCD loans at acquisition$14,869 
CECL Day 1 PCD ACL - loans7,067 
Par value of acquired PCD loans at acquisition$21,936 
Summary of Changes in Allowance for Loan Losses The following tables summarize changes in the allowance for credit losses by loan segment for the three and nine months ended September 30, 2026 and 2025.
Three Months Ended September 30, 2026
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, June 30, 2026$138,025 $54,951 $4,534 $44,105 $241,615 
Provision for credit losses - loans7,644 (409)(182)(3,753)3,300 
Recoveries on loans791 157 — 539 1,487 
Loans charged off(29,742)(87)— (1,047)(30,876)
Balances, September 30, 2026$116,718 $54,612 $4,352 $39,844 $215,526 

Three Months Ended September 30, 2025
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, June 30, 2025$98,984 $46,277 $8,743 $41,312 $195,316 
Provision for credit losses - loans3,632 1,252 (2,257)1,673 4,300 
Recoveries on loans914 4 — 433 1,351 
Loans charged off(4,519)(391)— (1,589)(6,499)
Balances, September 30, 2025$99,011 $47,142 $6,486 $41,829 $194,468 

Nine Months Ended September 30, 2026
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, December 31, 2025$104,435 $45,541 $5,470 $40,151 $195,597 
Provision for credit losses - loans46,028 3,937 (2,323)(6,442)41,200 
CECL Day 1 PSL ACL - loans2,293 5,357 562 7,000 15,212 
CECL Day 1 PCD ACL - loans2,488 3,368 641 570 7,067 
Recoveries on loans2,447 237 2 2,056 4,742 
Loans charged off(40,973)(3,828)— (3,491)(48,292)
Balances, September 30, 2026$116,718 $54,612 $4,352 $39,844 $215,526 

Nine Months Ended September 30, 2025
CommercialCommercial Real EstateConstructionConsumer & ResidentialTotal
Allowance for credit losses - loans
Balances, December 31, 2024$94,757 $51,099 $9,784 $37,117 $192,757 
Provision for credit losses - loans12,380 (3,198)(3,235)8,153 14,100 
Recoveries on loans3,366 107 — 1,070 4,543 
Loans charged off(11,492)(866)(63)(4,511)(16,932)
Balances, September 30, 2025$99,011 $47,142 $6,486 $41,829 $194,468 
Summary of Financial Instruments With Off-balance Sheet Risk
Financial instruments with off-balance sheet risk were as follows:
September 30, 2026December 31, 2025
Amounts of commitments:
Loan commitments to extend credit$6,080,902 $5,586,510 
Standby letters of credit$109,924 $73,997 
Summary of Allowance for Credit Losses, Off-balance Sheet
Three Months EndedNine Months Ended
September 30, 2026September 30, 2025September 30, 2026September 30, 2025
Balance, beginning of period$18,500 $18,000 $18,000 $18,000 
Day 1 allowance for credit losses - unfunded commitments— — 500 — 
Balance, end of period$18,500 $18,000 $18,500 $18,000