Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2026

The Bank opted to use Moody's Analytics' August 2026 consensus economic forecast for estimating the ACL as of September 30, 2026. The forecast used to calculate the ACL as of September 30, 2026 is projecting higher GDP growth, lower unemployment rates, and average federal funds rates trending lower. This is compared to the December 31, 2025 ACL calculation, which used Moody’s Analytics’ November 2025 consensus economic forecast to forecast the variables used in the models.

In the consensus scenario, the probability that the economy will perform better than this consensus is equal to the probability that it will perform worse and includes the following variables:


	2027		2028		2029		2030
U.S. real GDP average annualized growth	2.2	%	2.1	%	2.1	%	2.0	%
U.S. unemployment rate average	4.2	%	4.2	%	4.2	%	4.2	%
Forecasted average federal funds rate	3.9	%	3.7	%	3.4	%	3.3	%

The Bank uses an additional scenario with the same economic variables, but with varying severity, to assess ACL sensitivity and inform qualitative adjustments. For this analysis, the Bank selected Moody's Analytics' August 2026 S2 scenario (the "S2 Scenario"), which predicts a 75% probability of better economic performance and a 25% probability of worse performance. The S2 Scenario includes the following variables:


	2027		2028		2029		2030
U.S. real GDP average annualized growth	(0.1)	%	2.1	%	2.7	%	2.7	%
U.S. unemployment rate average	6.9	%	5.5	%	4.6	%	4.6	%
Forecasted average federal funds rate	2.9	%	2.1	%	2.9	%	3.6	%

Activity In The Non-Covered Allowance For Loan And Lease Losses

The following tables summarize activity related to the ACL by portfolio segment for the periods indicated:


	Three Months Ended September 30, 2026
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	217	$	214	$	21	$	6	$	458

Provision (recapture) for credit losses on loans and leases	2		28		(1)		3		32
Charge-offs	—		(33)		—		(3)		(36)
Recoveries	1		7		—		—		8
Net charge-offs	1		(26)		—		(3)		(28)
Balance, end of period	$	220	$	216	$	20	$	6	$	462
Reserve for unfunded commitments
Balance, beginning of period	$	9	$	6	$	1	$	1	$	17

Provision of credit losses on unfunded commitments	1		—		—		—		1
Balance, end of period	10		6		1		1		18
Total allowance for credit losses	$	230	$	222	$	21	$	7	$	480

	Nine Months Ended September 30, 2026
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	198	$	226	$	34	$	8	$	466

Provision (recapture) for credit losses on loans and leases	22		79		(14)		2		89
Charge-offs	(1)		(104)		—		(6)		(111)
Recoveries	1		15		—		2		18
Net charge-offs	—		(89)		—		(4)		(93)
Balance, end of period	$	220	$	216	$	20	$	6	$	462
Reserve for unfunded commitments
Balance, beginning of period	$	10	$	7	$	1	$	1	$	19

Recapture for credit losses on unfunded commitments	—		(1)		—		—		(1)
Balance, end of period	10		6		1		1		18
Total allowance for credit losses	$	230	$	222	$	21	$	7	$	480


	Three Months Ended September 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	160	$	220	$	34	$	7	$	421
Initial ACL on PCD loans acquired during the period	4		1		—		—		$	5
Provision for credit losses on loans and leases	44		22		2		1		69
Charge-offs	(3)		(22)		—		(2)		(27)
Recoveries	—		4		—		1		5
Net charge-offs	(3)		(18)		—		(1)		(22)
Balance, end of period	$	205	$	225	$	36	$	7	$	473
Reserve for unfunded commitments
Balance, beginning of period	$	8	$	8	$	1	$	1	$	18
Provision (recapture) for credit losses on unfunded commitments	2		(1)		—		—		1
Balance, end of period	10		7		1		1		19
Total allowance for credit losses	$	215	$	232	$	37	$	8	$	492

	Nine Months Ended September 30, 2025
(in millions)	Commercial Real Estate		Commercial		Residential		Consumer & Other		Total
Allowance for credit losses on loans and leases
Balance, beginning of period	$	154	$	219	$	45	$	7	$	425
Initial ACL on PCD loans acquired during the period	4		1		—		—		5
Provision (recapture) for credit losses on loans and leases	50		80		(8)		2		124
Charge-offs	(3)		(88)		(1)		(4)		(96)
Recoveries	—		13		—		2		15
Net charge-offs	(3)		(75)		(1)		(2)		(81)
Balance, end of period	$	205	$	225	$	36	$	7	$	473
Reserve for unfunded commitments
Balance, beginning of period	$	6	$	7	$	2	$	1	$	16
Provision (recapture) for credit losses on unfunded commitments	4		—		(1)		—		3
Balance, end of period	10		7		1		1		19
Total allowance for credit losses	$	215	$	232	$	37	$	8	$	492

Loans and Leases Past Due and Non-Accrual Loans and Leases

The following tables present the carrying value of the loans and leases past due, by loan and lease class, as of the dates presented:


	September 30, 2026
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	8	$	—	$	—	$	8	$	28	$	7,302	$	7,338
Owner occupied term	10		1		1		12		56		7,151		7,219
Multifamily	2		4		—		6		—		9,931		9,937
Construction & development	—		—		—		—		—		1,642		1,642
Residential development	—		—		—		—		—		361		361
Commercial
Term	2		2		—		4		25		7,068		7,097
Lines of credit & other	8		2		13		23		30		4,002		4,055
Leases & equipment finance	14		15		3		32		18		1,568		1,618
Residential
Mortgage (1)	—		14		72		86		—		5,227		5,313
Home equity loans & lines	9		3		8		20		—		2,159		2,179
Consumer & other	1		—		—		1		—		155		156
Total, net of deferred fees and costs	$	54	$	41	$	97	$	192	$	157	$	46,566	$	46,915

(1) Includes government guaranteed mortgage loans that the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $4 million at September 30, 2026.

(2) Includes government guaranteed portion of $39 million and $32 million for 90 days or more and non-accrual loans, respectively.


	December 31, 2025
(in millions)	Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or More and Accruing (2)		Total Past Due		Non-Accrual (2)		Current and Other		Total Loans and Leases
Commercial real estate
Non-owner occupied term	$	2	$	—	$	—	$	2	$	29	$	8,175	$	8,206
Owner occupied term	6		5		1		12		21		7,281		7,314
Multifamily	—		1		1		2		—		10,279		10,281
Construction & development	—		—		—		—		—		1,707		1,707
Residential development	—		—		—		—		—		362		362
Commercial
Term	2		7		2		11		25		6,677		6,713
Lines of credit & other	4		3		1		8		22		3,613		3,643
Leases & equipment finance	17		18		5		40		19		1,540		1,599
Residential
Mortgage (1)	—		16		66		82		—		5,542		5,624
Home equity loans & lines	8		5		9		22		—		2,127		2,149
Consumer & other	—		—		—		—		—		178		178
Total, net of deferred fees and costs	$	39	$	55	$	85	$	179	$	116	$	47,481	$	47,776

(1) Includes government guaranteed mortgage loans the Bank has the right but not the obligation to repurchase that are past due 90 days or more, totaling $3 million at December 31, 2025.

(2) Includes government guaranteed portion of $41 million and $38 million for 90 days or more and non-accrual loans, respectively.

Collateral Dependent Loans and Leases

The following tables summarize the amortized cost basis of the collateral-dependent loans and leases by the type of collateral securing the assets as of the periods indicated:


	September 30, 2026
(in millions)	Residential Real Estate		Commercial Real Estate		General Business Assets		Total
Commercial real estate
Non-owner occupied term	$	—	$	26	$	—	$	26
Owner occupied term	—		52		—		52



Commercial
Term	1		3		14		18
Lines of credit & other	—		4		24		28
Leases & equipment finance	—		—		18		18
Residential
Mortgage	81		—		—		81
Home equity loans & lines	2		—		—		2

Total, net of deferred fees and costs	$	84	$	85	$	56	$	225


	December 31, 2025
(in millions)	Residential Real Estate		Commercial Real Estate		General Business Assets		Total
Commercial real estate
Non-owner occupied term	$	—	$	26	$	—	$	26
Owner occupied term	—		17		—		17
Multifamily	—		6		—		6


Commercial
Term	—		1		16		17
Lines of credit & other	—		1		19		20
Leases & equipment finance	—		—		19		19
Residential
Mortgage	70		—		—		70
Home equity loans & lines	2		—		—		2

Total, net of deferred fees and costs	$	72	$	51	$	54	$	177

Loan and Lease Modifications Made to Borrowers Experiencing Financial Difficulty

The following tables present the amortized cost basis of loans and leases that were both experiencing financial difficulty and modified during the three and nine months ended September 30, 2026 and 2025, by class and type of modification. The percentage of the amortized cost basis of loans and leases to borrowers in financial distress that were modified as compared to the amortized cost basis of each class of financing receivable is also presented below.


	Three Months Ended September 30, 2026
(in millions)	Interest Rate Reduction		Term Extension		Other -Than-Insignificant Payment Delay		Combo - Term Extension and Other-than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	—	$	4	$	—	$	—	$	4	0.05	%
Owner occupied term	5		10		—		—		15		0.21	%



Commercial

Lines of credit & other	—		11		—		—		11		0.27	%
Leases & equipment finance	—		1		—		—		1		0.06	%
Residential
Mortgage	—		—		9		4		13		0.24	%


Total modified loans and leases experiencing financial difficulty	$	5	$	26	$	9	$	4	$	44	0.09	%


	Nine Months Ended September 30, 2026
(in millions)	Interest Rate Reduction		Term Extension		Other -Than-Insignificant Payment Delay		Combo - Interest Rate Reduction and Term Extension		Combo - Term Extension and Other-Than- Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	13	$	4	$	—	$	—	$	—	$	17	0.23	%
Owner occupied term	5		10		28		—		—		43		0.60	%

Construction & development	—		3		—		—		—		3		0.18	%

Commercial
Term	5		3		2		—		—		10		0.14	%
Lines of credit & other	—		60		—		—		—		60		1.48	%
Leases & equipment finance	—		2		—		—		—		2		0.12	%
Residential
Mortgage	—		—		19		1		10		30		0.56	%


Total modified loans and leases experiencing financial difficulty	$	23	$	82	$	49	$	1	$	10	$	165	0.35	%


	Three Months Ended September 30, 2025
(in millions)	Term Extension		Other -Than-Insignificant Payment Delay		Combination - Interest Rate Reduction and Term Extension		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	4	$	—	$	—	$	—	$	4	0.05	%
Owner occupied term	7		—		1		—		8		0.11	%

Construction & development	3		—		15		—		18		0.87	%

Commercial
Term	—		—		1		—		1		0.02	%
Lines of credit & other	4		—		—		—		4		0.11	%
Leases & equipment finance	1		—		—		—		1		0.06	%
Residential
Mortgage	—		6		—		3		9		0.16	%


Total modified loans and leases experiencing financial difficulty	$	19	$	6	$	17	$	3	$	45	0.09	%


	Nine Months Ended September 30, 2025
(in millions)	Term Extension		Other -Than-Insignificant Payment Delay		Combination - Interest Rate Reduction and Term Extension		Combo - Term Extension and Other-Than-Insignificant Payment Delay		Total		% of Total Class of Financing Receivable
Commercial real estate
Non-owner occupied term	$	4	$	—	$	21	$	—	$	25	0.30	%
Owner occupied term	9		11		1		—		21		0.29	%

Construction & development	3		—		15		—		18		0.87	%

Commercial
Term	1		7		11		—		19		0.29	%
Lines of credit & other	11		1		—		1		13		0.36	%
Leases & equipment finance	3		—		—		—		3		0.19	%
Residential
Mortgage	—		18		—		5		23		0.40	%


Total modified loans and leases experiencing financial difficulty	$	31	$	37	$	48	$	6	$	122	0.25	%

The following tables present the financial effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:


	Three Months Ended September 30, 2026
	Interest Rate Reduction		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	—		6 months	—
Owner occupied term	4.40	%	2.5 years	—



Commercial
Term	8.62	%	—	—
Lines of credit & other	—		5 months	—
Leases & equipment finance	—		1.1 years	—
Residential
Mortgage	—		11.5 years	$	1


	Nine Months Ended September 30, 2026
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	6.41	%	5 months	—
Owner occupied term	4.40		2.5 years	$	28

Construction & development	—		7 months	—

Commercial
Term	5.00	%	9 months	—
Lines of credit & other	—		8 months	—
Leases & equipment finance	—		1.1 years	—
Residential
Mortgage	—		11.9 years	$	2


	Three Months Ended September 30, 2025
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	—		9 months	—
Owner occupied term	0.80	%	3 months	—

Construction & development	8.20	%	4 months	—

Commercial
Term	3.00	%	2.3 years	—
Lines of credit & other	—		8 months	—
Leases & equipment finance	—		1.0 year	—
Residential
Mortgage	—		13.0 years	$	1


	Nine Months Ended September 30, 2025
	Interest Rate Modification		Term Extension	Other-Than-Insignificant Payment Delay
(in millions)	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension	Deferral Amount
Commercial real estate
Non-owner occupied term	3.54	%	1.7 years	—
Owner occupied term	0.80	%	4 months	$	1

Construction & development	8.20	%	4 months	—

Commercial
Term	3.41	%	1.9 years	$	1
Lines of credit & other	—		8 months	$	3
Leases & equipment finance	—		1.1 years	—
Residential
Mortgage	—		11.9 years	$	2

The Company closely monitors the performance of loans and leases to borrowers experiencing financial difficulty that are modified to understand the effectiveness of its modification efforts. Loans and leases are considered to be in payment default at 90 or more days past due. The Company did not identify any loans modified for borrowers experiencing financial difficulty that experienced a subsequent default within twelve months of modification during the three months ended September 30, 2026. The following tables present the amortized cost basis of modified loans that, within twelve months of the modification date, experienced a subsequent default during the periods presented:


	Nine Months Ended September 30, 2026
(in millions)	Other-Than-Insignificant Payment Delay		Combo - Term Extension and Other-than-Insignificant Payment Delay		Total
Commercial real estate

Owner occupied term	$	28	$	—	$	28







Residential
Mortgage	—		1		1


Total loans and leases experiencing financial difficulty with a subsequent default	$	28	$	1	$	29


	Three Months Ended September 30, 2025
(in millions)		Term Extension		Other-Than-Insignificant Payment Delay		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total










Residential
Mortgage		$	1	$	4	$	1	$	6


Total loans and leases experiencing financial difficulty with a subsequent default		$	1	$	4	$	1	$	6


	Nine Months Ended September 30, 2025
(in millions)	Term Extension		Other-Than-Insignificant Payment Delay		Combination - Term Extension and Other-than-Insignificant Payment Delay		Total
Commercial real estate

Owner occupied term	$	—	$	1	$	—	$	1



Commercial

Lines of credit & other	1		—		1		2

Residential
Mortgage	1		5		1		7


Total loans and leases experiencing financial difficulty with a subsequent default	$	2	$	6	$	2	$	10

The following tables present an age analysis of loans and leases as of September 30, 2026 and 2025 that have been modified within the prior twelve months:


	September 30, 2026
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	4	$	1	$	—	$	—	$	13	$	18
Owner occupied term	17		—		—		—		30		47

Construction & development	3		—		—		—		—		3

Commercial
Term	13		—		—		—		—		13
Lines of credit & other	45		—		—		—		17		62
Leases & equipment finance	2		—		—		—		—		2
Residential
Mortgage	29		—		3		4		—		36


Total loans and leases modified	$	113	$	1	$	3	$	4	$	60	$	181


	September 30, 2025
(in millions)	Current		Greater than 30 to 59 Days Past Due		60 to 89 Days Past Due		90 Days or Greater Past Due		Nonaccrual		Total
Commercial real estate
Non-owner occupied term	$	25	$	—	$	—	$	—	$	—	$	25
Owner occupied term	21		—		—		—		1		22

Construction & development	18		—		—		—		—		18

Commercial
Term	14		2		4		—		9		29
Lines of credit & other	8		1		—		—		5		14
Leases & equipment finance	2		—		—		—		—		2
Residential
Mortgage	24		—		2		5		—		31


Total loans and leases modified	$	112	$	3	$	6	$	5	$	15	$	141

Internal Risk Rating By Loan Class

The following tables present the amortized cost basis of the loans and leases by credit classification and vintage year by loan and lease class of financing receivable, as well as gross charge-offs for the dates presented:


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	225	$	690	$	239	$	463	$	1,604	$	3,910	$	25	$	—	$	7,156
	Special mention	—		11		11		—		10		41		—		—		73
	Substandard	20		22		—		—		3		62		—		—		107

	Loss	—		—		—		—		—		2		—		—		2
Total non-owner occupied term		$	245	$	723	$	250	$	463	$	1,617	$	4,015	$	25	$	—	$	7,338
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	1
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	637	$	826	$	494	$	500	$	1,273	$	3,122	$	28	$	—	$	6,880
	Special mention	18		36		33		5		41		34		1		1		169
	Substandard	5		34		4		9		20		93		—		—		165
	Doubtful	—		—		—		—		3		—		—		—		3
	Loss	—		—		—		—		—		2		—		—		2
Total owner occupied term		$	660	$	896	$	531	$	514	$	1,337	$	3,251	$	29	$	1	$	7,219
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Multifamily
Credit quality indicator:
	Pass/Watch	$	285	$	476	$	327	$	356	$	2,757	$	5,501	$	118	$	—	$	9,820
	Special mention	7		—		2		29		7		42		—		—		87
	Substandard	—		—		—		—		30		—		—		—		30


Total multifamily		$	292	$	476	$	329	$	385	$	2,794	$	5,543	$	118	$	—	$	9,937
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	287	$	599	$	324	$	245	$	68	$	67	$	—	$	—	$	1,590
	Special mention	17		—		3		13		8		—		11		—		52



Total construction & development		$	304	$	599	$	327	$	258	$	76	$	67	$	11	$	—	$	1,642
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	62	$	93	$	20	$	2	$	6	$	—	$	171	$	2	$	356
	Special mention	—		—		—		—		—		—		5		—		5



Total residential development		$	62	$	93	$	20	$	2	$	6	$	—	$	176	$	2	$	361
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	1,563	$	2,787	$	1,457	$	1,622	$	5,830	$	12,876	$	359	$	3	$	26,497


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	1,455	$	995	$	807	$	317	$	634	$	1,273	$	1,418	$	13	$	6,912
	Special mention	9		12		42		8		17		6		2		—		96
	Substandard	13		21		12		3		10		24		1		1		85
	Doubtful	—		—		—		—		1		—		—		—		1
	Loss	—		—		—		—		—		3		—		—		3
Total term		$	1,477	$	1,028	$	861	$	328	$	662	$	1,306	$	1,421	$	14	$	7,097
Current YTD period:
	Gross charge-offs	$	—	$	2	$	5	$	1	$	2	$	2	$	—	$	—	$	12
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	85	$	79	$	57	$	29	$	26	$	22	$	3,477	$	29	$	3,804
	Special mention	—		7		2		—		2		—		133		2		146
	Substandard	1		4		8		—		16		1		54		19		103

	Loss	—		—		1		—		1		—		—		—		2
Total lines of credit & other		$	86	$	90	$	68	$	29	$	45	$	23	$	3,664	$	50	$	4,055
Current YTD period:
	Gross charge-offs	$	—	$	—	$	5	$	1	$	—	$	1	$	5	$	29	$	41
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	517	$	425	$	284	$	172	$	88	$	31	$	—	$	—	$	1,517
	Special mention	3		5		13		5		1		—		—		—		27
	Substandard	4		6		5		25		4		—		—		—		44
	Doubtful	3		8		8		6		3		1		—		—		29
	Loss	—		1		—		—		—		—		—		—		1
Total leases & equipment finance		$	527	$	445	$	310	$	208	$	96	$	32	$	—	$	—	$	1,618
Current YTD period:
	Gross charge-offs	$	—	$	12	$	16	$	11	$	8	$	4	$	—	$	—	$	51

Total commercial		$	2,090	$	1,563	$	1,239	$	565	$	803	$	1,361	$	5,085	$	64	$	12,770

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	186	$	216	$	187	$	152	$	1,517	$	2,973	$	—	$	—	$	5,231
	Special mention	2		2		1		1		—		7		—		—		13
	Substandard	1		2		2		2		5		12		—		—		24

	Loss	2		10		4		4		7		18		—		—		45
Total mortgage		$	191	$	230	$	194	$	159	$	1,529	$	3,010	$	—	$	—	$	5,313
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	September 30, 2026	2026		2025		2024		2023		2022		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	—	$	—	$	2	$	6	$	9	$	64	$	2,043	$	34	$	2,158
	Special mention	—		—		—		1		1		2		9		2		15


	Loss	—		—		2		—		—		1		2		1		6
Total home equity loans & lines		$	—	$	—	$	4	$	7	$	10	$	67	$	2,054	$	37	$	2,179
Current YTD period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total residential		$	191	$	230	$	198	$	166	$	1,539	$	3,077	$	2,054	$	37	$	7,492

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	14	$	4	$	4	$	6	$	4	$	7	$	115	$	1	$	155
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	14	$	4	$	4	$	6	$	4	$	7	$	116	$	1	$	156
Current YTD period:
	Gross charge-offs	$	1	$	1	$	—	$	—	$	—	$	1	$	2	$	1	$	6

Grand total		$	3,858	$	4,584	$	2,898	$	2,359	$	8,176	$	17,321	$	7,614	$	105	$	46,915


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Commercial real estate:
Non-owner occupied term
Credit quality indicator:
	Pass/Watch	$	815	$	280	$	506	$	1,694	$	1,603	$	3,033	$	35	$	13	$	7,979
	Special mention	2		6		—		10		20		71		—		—		109
	Substandard	27		—		—		22		12		55		—		—		116

	Loss	—		—		—		—		1		1		—		—		2
Total non-owner occupied term		$	844	$	286	$	506	$	1,726	$	1,636	$	3,160	$	35	$	13	$	8,206
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	1	$	—	$	—	$	9	$	—	$	—	$	10
Owner occupied term
Credit quality indicator:
	Pass/Watch	$	921	$	510	$	466	$	1,326	$	1,325	$	2,363	$	24	$	51	$	6,986
	Special mention	20		32		6		55		22		41		—		—		176
	Substandard	4		29		2		12		41		46		—		9		143
	Doubtful	—		3		—		3		—		—		—		—		6
	Loss	—		—		—		—		1		2		—		—		3
Total owner occupied term		$	945	$	574	$	474	$	1,396	$	1,389	$	2,452	$	24	$	60	$	7,314
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	—	$	1
Multifamily
Credit quality indicator:
	Pass/Watch	$	455	$	348	$	367	$	2,787	$	3,195	$	2,958	$	118	$	—	$	10,228
	Special mention	—		—		14		9		—		22		—		—		45
	Substandard	—		—		—		3		2		3		—		—		8


Total multifamily		$	455	$	348	$	381	$	2,799	$	3,197	$	2,983	$	118	$	—	$	10,281
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Construction & development
Credit quality indicator:
	Pass/Watch	$	345	$	407	$	391	$	241	$	98	$	92	$	28	$	2	$	1,604
	Special mention	12		12		32		1		—		—		—		8		65
	Substandard	38		—		—		—		—		—		—		—		38


Total construction & development		$	395	$	419	$	423	$	242	$	98	$	92	$	28	$	10	$	1,707
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential development
Credit quality indicator:
	Pass/Watch	$	99	$	57	$	2	$	8	$	—	$	—	$	194	$	2	$	362




Total residential development		$	99	$	57	$	2	$	8	$	—	$	—	$	194	$	2	$	362
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total commercial real estate		$	2,738	$	1,684	$	1,786	$	6,171	$	6,320	$	8,687	$	399	$	85	$	27,870


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Commercial:
Term
Credit quality indicator:
	Pass/Watch	$	1,571	$	701	$	395	$	800	$	763	$	851	$	1,328	$	21	$	6,430
	Special mention	13		22		49		53		23		2		11		—		173
	Substandard	25		12		2		43		5		4		3		2		96
	Doubtful	2		—		—		4		1		2		—		—		9
	Loss	—		—		—		—		2		3		—		—		5
Total term		$	1,611	$	735	$	446	$	900	$	794	$	862	$	1,342	$	23	$	6,713
Prior Year End period:
	Gross charge-offs	$	—	$	1	$	1	$	1	$	1	$	2	$	—	$	—	$	6
Lines of credit & other
Credit quality indicator:
	Pass/Watch	$	119	$	70	$	28	$	42	$	10	$	18	$	3,052	$	106	$	3,445
	Special mention	1		—		—		—		—		—		74		5		80
	Substandard	4		15		—		1		—		—		80		15		115
	Doubtful	—		—		—		—		—		—		—		1		1
	Loss	—		—		—		—		—		—		1		1		2
Total lines of credit & other		$	124	$	85	$	28	$	43	$	10	$	18	$	3,207	$	128	$	3,643
Prior Year End period:
	Gross charge-offs	$	—	$	17	$	—	$	1	$	—	$	1	$	8	$	5	$	32
Leases & equipment finance
Credit quality indicator:
	Pass/Watch	$	585	$	399	$	268	$	160	$	35	$	34	$	—	$	—	$	1,481
	Special mention	3		16		8		3		1		—		—		—		31
	Substandard	6		7		32		7		1		—		—		—		53
	Doubtful	5		9		9		7		2		—		—		—		32
	Loss	—		1		1		—		—		—		—		—		2
Total leases & equipment finance		$	599	$	432	$	318	$	177	$	39	$	34	$	—	$	—	$	1,599
Prior Year End period:
	Gross charge-offs	$	2	$	16	$	22	$	22	$	8	$	3	$	—	$	—	$	73

Total commercial		$	2,334	$	1,252	$	792	$	1,120	$	843	$	914	$	4,549	$	151	$	11,955

Residential:
Mortgage
Credit quality indicator:
	Pass/Watch	$	242	$	230	$	174	$	1,645	$	1,828	$	1,425	$	—	$	—	$	5,544
	Special mention	3		—		2		3		3		5		—		—		16
	Substandard	2		2		1		5		8		8		—		—		26

	Loss	6		6		3		4		7		12		—		—		38
Total mortgage		$	253	$	238	$	180	$	1,657	$	1,846	$	1,450	$	—	$	—	$	5,624
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	1


(in millions)		Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving to Non-Revolving Loans Amortized Cost
	December 31, 2025	2025		2024		2023		2022		2021		Prior						Total
Home equity loans & lines
Credit quality indicator:
	Pass/Watch	$	1	$	1	$	2	$	6	$	2	$	45	$	2,032	$	39	$	2,128
	Special mention	—		—		—		—		—		2		8		2		12
	Substandard	—		—		—		—		—		—		1		1		2

	Loss	—		—		—		1		—		1		1		4		7
Total home equity loans & lines		$	1	$	1	$	2	$	7	$	2	$	48	$	2,042	$	46	$	2,149
Prior Year End period:
	Gross charge-offs	$	—	$	—	$	—	$	1	$	—	$	—	$	—	$	—	$	1

Total residential		$	254	$	239	$	182	$	1,664	$	1,848	$	1,498	$	2,042	$	46	$	7,773

Consumer & other:
Credit quality indicator:
	Pass/Watch	$	18	$	6	$	10	$	6	$	3	$	6	$	128	$	—	$	177
	Special mention	—		—		—		—		—		—		1		—		1



Total consumer & other		$	18	$	6	$	10	$	6	$	3	$	6	$	129	$	—	$	178
Prior Year End period:
	Gross charge-offs	$	2	$	1	$	—	$	—	$	—	$	—	$	2	$	—	$	5

Grand total		$	5,344	$	3,181	$	2,770	$	8,961	$	9,014	$	11,105	$	7,119	$	282	$	47,776