Loans Allowance for Credit Losses Credit Quality and Off-Balance Sheet Credit Exposures (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Loans, Allowance for Credit Losses, Credit Quality and Off-Balance Sheet Credit Exposures |
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| Schedule of composition of net loans |
The composition of net loans follows: | | | | | | | | | | | | | | | September 30, 2026 | | | December 31, 2025 | | | | | | | | | | | | | | | Commercial & industrial | | $ | 113,415,662 | | | | 11.10 | % | | $ | 107,458,746 | | | | 11.13 | % | Purchased (1) | | | 7,505,583 | | | | 0.73 | % | | | 10,010,347 | | | | 1.04 | % | Commercial real estate | | | 505,362,565 | | | | 49.44 | % | | | 499,647,904 | | | | 51.76 | % | Municipal | | | 67,850,278 | | | | 6.64 | % | | | 62,078,419 | | | | 6.43 | % | Residential real estate - 1st lien | | | 275,487,300 | | | | 26.95 | % | | | 236,556,346 | | | | 24.51 | % | Residential real estate - Jr lien | | | 49,900,699 | | | | 4.88 | % | | | 46,472,047 | | | | 4.81 | % | Consumer | | | 2,613,482 | | | | 0.26 | % | | | 3,061,853 | | | | 0.32 | % | Total loans | | | 1,022,135,569 | | | | 100.00 | % | | | 965,285,662 | | | | 100.00 | % | | | | | | | | | | | | | | | | | | ACL | | | (12,342,070 | ) | | | | | | | (10,864,983 | ) | | | | | Deferred net loan costs | | | 1,234,875 | | | | | | | | 786,604 | | | | | | Net loans | | $ | 1,011,028,374 | | | | | | | $ | 955,207,283 | | | | | |
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| Schedule of credit loss expense |
Three Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | | Credit loss expense - loans | | $ | 502,269 | | | $ | 198,264 | | Credit loss (reversal) expense - OBS credit exposure | | | (28,960 | ) | | | 60,489 | | Credit loss expense | | $ | 473,309 | | | $ | 258,753 | | | | | | | | | | | Nine Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | | | | Credit loss expense - loans | | $ | 1,491,801 | | | $ | 1,011,761 | | Credit loss expense (reversal) - OBS credit exposure | | | 93,980 | | | | (20,908 | ) | Credit loss expense | | $ | 1,585,781 | | | $ | 990,853 | |
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| Schedule of activity in the allowance of credit losses on loans |
| | Balance | | | | | | | | | Credit Loss | | | Balance | | | | June 30, | | | | | | | | | Expense | | | September 30, | | | | 2026 | | | Charge-offs | | | Recoveries | | | (Reversal) | | | 2026 | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 1,300,424 | | | $ | (40,803 | ) | | $ | 9,057 | | | $ | (18,305 | ) | | $ | 1,250,373 | | Purchased | | | 24,782 | | | | 0 | | | | 0 | | | | (2,317 | ) | | | 22,465 | | Commercial Real Estate | | | 6,509,906 | | | | 0 | | | | 0 | | | | 106,018 | | | | 6,615,924 | | Municipal | | | 111,459 | | | | 0 | | | | 0 | | | | 58,167 | | | | 169,626 | | Residential Real Estate - 1st Lien | | | 3,294,909 | | | | 0 | | | | 3,806 | | | | 318,303 | | | | 3,617,018 | | Residential Real Estate - Jr Lien | | | 615,647 | | | | 0 | | | | 0 | | | | 29,025 | | | | 644,672 | | Consumer | | | 24,194 | | | | (27,512 | ) | | | 13,932 | | | | 11,378 | | | | 21,992 | | Totals | | $ | 11,881,321 | | | $ | (68,315 | ) | | $ | 26,795 | | | $ | 502,269 | | | $ | 12,342,070 | |
| | Balance | | | | | | | | | Credit Loss | | | Balance | | | | December 31, | | | | | | | | | Expense | | | September 30, | | | | 2025 | | | Charge-offs | | | Recoveries | | | (Reversal) | | | 2026 | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 627,062 | | | $ | (71,724 | ) | | $ | 82,020 | | | $ | 613,015 | | | $ | 1,250,373 | | Purchased | | | 30,221 | | | | 0 | | | | 0 | | | | (7,756 | ) | | | 22,465 | | Commercial Real Estate | | | 6,303,378 | | | | 0 | | | | 0 | | | | 312,546 | | | | 6,615,924 | | Municipal | | | 155,196 | | | | 0 | | | | 0 | | | | 14,430 | | | | 169,626 | | Residential Real Estate - 1st Lien | | | 3,120,462 | | | | 0 | | | | 11,435 | | | | 485,121 | | | | 3,617,018 | | Residential Real Estate - Jr Lien | | | 600,940 | | | | 0 | | | | 0 | | | | 43,732 | | | | 644,672 | | Consumer | | | 27,724 | | | | (75,233 | ) | | | 38,788 | | | | 30,713 | | | | 21,992 | | Totals | | $ | 10,864,983 | | | $ | (146,957 | ) | | $ | 132,243 | | | $ | 1,491,801 | | | $ | 12,342,070 | |
| | Balance | | | | | | | | | Credit Loss | | | Balance | | | | December 31, | | | | | | | | | Expense | | | December 31, | | | | 2024 | | | Charge-offs | | | Recoveries | | | (Reversal) | | | 2025 | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 727,488 | | | $ | (393,439 | ) | | $ | 56,006 | | | $ | 237,007 | | | $ | 627,062 | | Purchased | | | 22,415 | | | | 0 | | | | 0 | | | | 7,806 | | | | 30,221 | | Commercial Real Estate | | | 6,487,700 | | | | 0 | | | | 0 | | | | (184,322 | ) | | | 6,303,378 | | Municipal | | | 167,719 | | | | 0 | | | | 0 | | | | (12,523 | ) | | | 155,196 | | Residential Real Estate - 1st Lien | | | 2,087,034 | | | | (13,757 | ) | | | 14,367 | | | | 1,032,818 | | | | 3,120,462 | | Residential Real Estate - Jr Lien | | | 291,239 | | | | 0 | | | | 0 | | | | 309,701 | | | | 600,940 | | Consumer | | | 26,617 | | | | (93,021 | ) | | | 35,633 | | | | 58,495 | | | | 27,724 | | Totals | | $ | 9,810,212 | | | $ | (500,217 | ) | | $ | 106,006 | | | $ | 1,448,982 | | | $ | 10,864,983 | |
| | Balance | | | | | | | | | Credit Loss | | | Balance | | | | June 30, | | | | | | | | | Expense | | | September 30, | | | | 2025 | | | Charge-offs | | | Recoveries | | | (Reversal) | | | 2025 | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 697,125 | | | $ | (7,645 | ) | | $ | 36,142 | | | $ | (73,813 | ) | | $ | 651,809 | | Purchased | | | 32,580 | | | | 0 | | | | 0 | | | | 416 | | | | 32,996 | | Commercial Real Estate | | | 6,760,034 | | | | 0 | | | | 0 | | | | 23,032 | | | | 6,783,066 | | Municipal | | | 106,028 | | | | 0 | | | | 0 | | | | 69,197 | | | | 175,225 | | Residential Real Estate - 1st Lien | | | 2,602,099 | | | | (13,490 | ) | | | 2,966 | | | | 42,720 | | | | 2,634,295 | | Residential Real Estate - Jr Lien | | | 326,582 | | | | 0 | | | | 0 | | | | 140,527 | | | | 467,109 | | Consumer | | | 25,083 | | | | (8,912 | ) | | | 12,413 | | | | (3,815 | ) | | | 24,769 | | Totals | | $ | 10,549,531 | | | $ | (30,047 | ) | | $ | 51,521 | | | $ | 198,264 | | | $ | 10,769,269 | |
| | Balance | | | | | | | | | Credit Loss | | | Balance | | | | December 31, | | | | | | | | | Expense | | | September 30, | | | | 2024 | | | Charge-offs | | | Recoveries | | | (Reversal) | | | 2025 | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 727,488 | | | $ | (46,517 | ) | | $ | 51,911 | | | $ | (81,073 | ) | | $ | 651,809 | | Purchased | | | 22,415 | | | | 0 | | | | 0 | | | | 10,581 | | | | 32,996 | | Commercial Real Estate | | | 6,487,700 | | | | 0 | | | | 0 | | | | 295,366 | | | | 6,783,066 | | Municipal | | | 167,719 | | | | 0 | | | | 0 | | | | 7,506 | | | | 175,225 | | Residential Real Estate - 1st Lien | | | 2,087,034 | | | | (13,757 | ) | | | 3,451 | | | | 557,567 | | | | 2,634,295 | | Residential Real Estate - Jr Lien | | | 291,239 | | | | 0 | | | | 0 | | | | 175,870 | | | | 467,109 | | Consumer | | | 26,617 | | | | (80,825 | ) | | | 33,033 | | | | 45,944 | | | | 24,769 | | Totals | | $ | 9,810,212 | | | $ | (141,099 | ) | | $ | 88,395 | | | $ | 1,011,761 | | | $ | 10,769,269 | |
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| Schedule of risk ratings portfolio segment |
As of September 30, 2026 | | | | | | | | | | | | | | | | | | | | Revolving | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans | | | Revolving | | | | | | | Term Loans Amortized Cost Basis by Origination Year | | | Amortized Cost | | | Loans Converted | | | | | | | 2026 | | | 2025 | | | 2024 | | | 2023 | | | 2022 | | | Prior | | | Basis | | | to Term | | | Total | | | | (Dollars in Thousands) | | Commercial & Industrial: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 14,785 | | | $ | 10,613 | | | $ | 14,704 | | | $ | 7,003 | | | $ | 8,732 | | | $ | 4,674 | | | $ | 41,106 | | | $ | 0 | | | $ | 101,617 | | Special mention | | | 0 | | | | 8 | | | | 139 | | | | 128 | | | | 928 | | | | 53 | | | | 3,827 | | | | 0 | | | | 5,083 | | Substandard/Doubtful | | | 12 | | | | 0 | | | | 63 | | | | 483 | | | | 3,667 | | | | 903 | | | | 1,588 | | | | 0 | | | | 6,716 | | Total | | $ | 14,797 | | | $ | 10,621 | | | $ | 14,906 | | | $ | 7,614 | | | $ | 13,327 | | | $ | 5,630 | | | $ | 46,521 | | | $ | 0 | | | $ | 113,416 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Purchased: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 3,410 | | | $ | 0 | | | $ | 0 | | | $ | 2,008 | | | $ | 57 | | | $ | 2,031 | | | $ | 0 | | | $ | 0 | | | $ | 7,506 | | Total | | $ | 3,410 | | | $ | 0 | | | $ | 0 | | | $ | 2,008 | | | $ | 57 | | | $ | 2,031 | | | $ | 0 | | | $ | 0 | | | $ | 7,506 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 41,210 | | | $ | 60,449 | | | $ | 49,729 | | | $ | 71,120 | | | $ | 71,841 | | | $ | 139,509 | | | $ | 44,881 | | | $ | 0 | | | $ | 478,739 | | Special mention | | | 0 | | | | 442 | | | | 2,008 | | | | 11,578 | | | | 3,354 | | | | 2,578 | | | | 0 | | | | 0 | | | | 19,960 | | Substandard/Doubtful | | | 0 | | | | 0 | | | | 1,743 | | | | 194 | | | | 115 | | | | 4,414 | | | | 198 | | | | 0 | | | | 6,664 | | Total | | $ | 41,210 | | | $ | 60,891 | | | $ | 53,480 | | | $ | 82,892 | | | $ | 75,310 | | | $ | 146,501 | | | $ | 45,079 | | | $ | 0 | | | $ | 505,363 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Municipal: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 31,573 | | | $ | 5,092 | | | $ | 3,793 | | | $ | 95 | | | $ | 152 | | | $ | 10,841 | | | $ | 15,137 | | | $ | 0 | | | $ | 66,683 | | Special mention | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 1,167 | | | | 0 | | | | 0 | | | | 1,167 | | Total | | $ | 31,573 | | | $ | 5,092 | | | $ | 3,793 | | | $ | 95 | | | $ | 152 | | | $ | 12,008 | | | $ | 15,137 | | | $ | 0 | | | $ | 67,850 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate - 1st lien: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 56,130 | | | $ | 43,519 | | | $ | 27,766 | | | $ | 22,967 | | | $ | 28,948 | | | $ | 88,171 | | | $ | 4,119 | | | $ | 0 | | | $ | 271,620 | | Special mention | | | 0 | | | | 0 | | | | 0 | | | | 233 | | | | 469 | | | | 344 | | | | 0 | | | | 0 | | | | 1,046 | | Substandard/Doubtful | | | 2,398 | | | | 119 | | | | 0 | | | | 40 | | | | 118 | | | | 146 | | | | 0 | | | | 0 | | | | 2,821 | | Total | | $ | 58,528 | | | $ | 43,638 | | | $ | 27,766 | | | $ | 23,240 | | | $ | 29,535 | | | $ | 88,661 | | | $ | 4,119 | | | $ | 0 | | | $ | 275,487 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate - Jr lien: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 1,513 | | | $ | 5,748 | | | $ | 3,748 | | | $ | 1,125 | | | $ | 1,284 | | | $ | 1,197 | | | $ | 33,178 | | | $ | 1,784 | | | $ | 49,577 | | Special mention | | | 0 | | | | 0 | | | | 65 | | | | 0 | | | | 0 | | | | 51 | | | | 0 | | | | 0 | | | | 116 | | Substandard/Doubtful | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 11 | | | $ | 197 | | | | 0 | | | | 208 | | Total | | $ | 1,513 | | | $ | 5,748 | | | $ | 3,813 | | | $ | 1,125 | | | $ | 1,284 | | | $ | 1,259 | | | $ | 33,375 | | | $ | 1,784 | | | $ | 49,901 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 1,130 | | | $ | 668 | | | $ | 453 | | | $ | 187 | | | $ | 77 | | | $ | 98 | | | $ | 0 | | | $ | 0 | | | $ | 2,613 | | Total | | $ | 1,130 | | | $ | 668 | | | $ | 453 | | | $ | 187 | | | $ | 77 | | | $ | 98 | | | $ | 0 | | | $ | 0 | | | $ | 2,613 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Loans | | $ | 152,161 | | | $ | 126,658 | | | $ | 104,211 | | | $ | 117,161 | | | $ | 119,742 | | | $ | 256,188 | | | $ | 144,231 | | | $ | 1,784 | | | $ | 1,022,136 | |
As of December 31, 2025 | | | | | | | | | | | | | | | | | | | | Revolving | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans | | | Revolving | | | | | | | Term Loans Amortized Cost Basis by Origination Year | | | Amortized Cost | | | Loans Converted | | | | | | | 2025 | | | 2024 | | | 2023 | | | 2022 | | | 2021 | | | Prior | | | Basis | | | to Term | | | Total | | | | (Dollars in Thousands) | | Commercial & Industrial: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 11,960 | | | $ | 17,660 | | | $ | 9,792 | | | $ | 11,597 | | | $ | 3,493 | | | $ | 3,673 | | | $ | 39,322 | | | $ | 0 | | | $ | 97,497 | | Special mention | | | 0 | | | | 0 | | | | 7 | | | | 91 | | | $ | 29 | | | | 0 | | | | 1,102 | | | | 0 | | | | 1,229 | | Substandard/Doubtful | | | 0 | | | | 0 | | | | 545 | | | | 3,948 | | | | 497 | | | | 1,374 | | | | 2,369 | | | | 0 | | | | 8,733 | | Total | | $ | 11,960 | | | $ | 17,660 | | | $ | 10,344 | | | $ | 15,636 | | | $ | 4,019 | | | $ | 5,047 | | | $ | 42,793 | | | $ | 0 | | | $ | 107,459 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Purchased: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 4,213 | | | $ | 0 | | | $ | 3,046 | | | $ | 67 | | | $ | 733 | | | $ | 1,951 | | | $ | 0 | | | $ | 0 | | | $ | 10,010 | | Total | | $ | 4,213 | | | $ | 0 | | | $ | 3,046 | | | $ | 67 | | | $ | 733 | | | $ | 1,951 | | | $ | 0 | | | $ | 0 | | | $ | 10,010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 59,936 | | | $ | 55,850 | | | $ | 81,591 | | | $ | 88,236 | | | $ | 32,288 | | | $ | 118,864 | | | $ | 44,536 | | | $ | 0 | | | $ | 481,301 | | Special mention | | | 0 | | | | 0 | | | | 4,605 | | | | 176 | | | | 0 | | | | 7,034 | | | | 0 | | | | 0 | | | | 11,815 | | Substandard/Doubtful | | | 220 | | | | 1,217 | | | | 0 | | | | 0 | | | | 0 | | | | 5,095 | | | | 0 | | | | 0 | | | | 6,532 | | Total | | $ | 60,156 | | | $ | 57,067 | | | $ | 86,196 | | | $ | 88,412 | | | $ | 32,288 | | | $ | 130,993 | | | $ | 44,536 | | | $ | 0 | | | $ | 499,648 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Municipal: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 26,477 | | | $ | 4,074 | | | $ | 136 | | | $ | 236 | | | $ | 2,579 | | | $ | 9,469 | | | $ | 17,870 | | | $ | 0 | | | $ | 60,841 | | Special mention | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 1,238 | | | | 0 | | | | 0 | | | | 1,238 | | Total | | $ | 26,477 | | | $ | 4,074 | | | $ | 136 | | | $ | 236 | | | $ | 2,579 | | | $ | 10,707 | | | $ | 17,870 | | | $ | 0 | | | $ | 62,079 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate - 1st lien: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 44,262 | | | $ | 26,622 | | | $ | 25,994 | | | $ | 31,186 | | | $ | 32,717 | | | $ | 68,611 | | | $ | 4,445 | | | $ | 0 | | | $ | 233,837 | | Special mention | | | 0 | | | | 0 | | | | 154 | | | | 183 | | | | 224 | | | | 158 | | | | 0 | | | | 0 | | | | 719 | | Substandard/Doubtful | | | 0 | | | | 0 | | | | 41 | | | | 0 | | | | 107 | | | | 1,852 | | | | 0 | | | | 0 | | | | 2,000 | | Total | | $ | 44,262 | | | $ | 26,622 | | | $ | 26,189 | | | $ | 31,369 | | | $ | 33,048 | | | $ | 70,621 | | | $ | 4,445 | | | $ | 0 | | | $ | 236,556 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Residential real estate - Jr lien: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 6,149 | | | $ | 3,005 | | | | 1,490 | | | $ | 1,425 | | | $ | 279 | | | $ | 1,030 | | | $ | 31,264 | | | $ | 1,686 | | | $ | 46,328 | | Special mention | | | 0 | | | | 68 | | | | 0 | | | | 0 | | | | 0 | | | | 61 | | | | 0 | | | | 0 | | | | 129 | | Substandard/Doubtful | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 15 | | | | 0 | | | | 0 | | | | 15 | | Total | | $ | 6,149 | | | $ | 3,073 | | | $ | 1,490 | | | $ | 1,425 | | | $ | 279 | | | $ | 1,106 | | | $ | 31,264 | | | $ | 1,686 | | | $ | 46,472 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 1,583 | | | $ | 695 | | | $ | 395 | | | $ | 182 | | | $ | 73 | | | $ | 134 | | | $ | 0 | | | $ | 0 | | | $ | 3,062 | | Total | | $ | 1,583 | | | $ | 695 | | | $ | 395 | | | $ | 182 | | | $ | 73 | | | $ | 134 | | | $ | 0 | | | $ | 0 | | | $ | 3,062 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total Loans | | $ | 154,800 | | | $ | 109,191 | | | $ | 127,796 | | | $ | 137,327 | | | $ | 73,019 | | | $ | 220,559 | | | $ | 140,908 | | | $ | 1,686 | | | $ | 965,286 | |
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| Schedule of gross charge offs |
For the nine months ended September 30, 2026 | | | | | | | | | | | | | | | | | | | | | | | | Term Loans Amortized Cost Basis by Origination Year | | | | | | | 2026 | | | 2025 | | | 2024 | | | 2023 | | | 2022 | | | Prior | | | Total | | | | (Dollars in Thousands) | | Current period gross charge-offs | | | | | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 0 | | | $ | 41 | | | $ | 0 | | | $ | 18 | | | $ | 13 | | | $ | 0 | | | $ | 72 | | Consumer | | | 0 | | | | 11 | | | | 11 | | | | 0 | | | | 0 | | | | 53 | | | | 75 | | Total current period gross charge-offs | | $ | 0 | | | $ | 52 | | | $ | 11 | | | $ | 18 | | | $ | 13 | | | $ | 53 | | | $ | 147 | |
For the year ended December 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | Term Loans and Charge Offs by Origination Year | | | | | | | 2025 | | | 2024 | | | 2023 | | | 2022 | | | 2021 | | | Prior | | | Total | | | | (Dollars in Thousands) | | Current period gross charge-offs | | | | | | | | | | | | | | | | | | | | | | Commercial & Industrial | | $ | 83 | | | $ | 0 | | | $ | 8 | | | $ | 0 | | | $ | 0 | | | $ | 303 | | | $ | 394 | | Residential real estate - 1st lien | | | 0 | | | | 0 | | | | 0 | | | | 13 | | | | 0 | | | | 0 | | | | 13 | | Consumer | | | 1 | | | | 17 | | | | 5 | | | | 5 | | | | 1 | | | | 64 | | | | 93 | | Total current period gross charge-offs | | $ | 84 | | | $ | 17 | | | $ | 13 | | | $ | 18 | | | $ | 1 | | | $ | 367 | | | $ | 500 | |
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| Schedule Of amortized cost basis of loans on non accrual status and loans |
| | | | | 90 Days or | | | | Total | | | More and | | September 30, 2026 | | Nonaccrual | | | Accruing | | | | | | | | | Commercial & industrial | | $ | 5,568,921 | | | $ | 0 | | Commercial real estate | | | 3,144,527 | | | | 685,561 | | Residential real estate - 1st lien | | | 214,944 | | | | 283,796 | | Residential real estate - Jr lien | | | 207,502 | | | | 0 | | Totals | | $ | 9,135,894 | | | $ | 969,357 | | | | | | | | | | | | | | | | | 90 Days or | | | | Total | | | More and | | December 31, 2025 | | Nonaccrual | | | Accruing | | | | | | | | | | | Commercial & industrial | | $ | 5,720,577 | | | $ | 0 | | Commercial real estate | | | 1,020,249 | | | | 0 | | Residential real estate - 1st lien | | | 253,064 | | | | 253,055 | | Residential real estate - Jr lien | | | 15,741 | | | | 225,568 | | Totals | | $ | 7,009,631 | | | $ | 478,623 | |
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| Schedule of past due loans by segment |
| | | | | 90 Days | | | Total | | | | | | | | September 30, 2026 | | 30-89 Days | | | or More | | | Past Due | | | Current | | | Total Loans | | | | | | | | | | | | | | | | | | Commercial & industrial | | $ | 30,916 | | | $ | 31,139 | | | $ | 62,055 | | | $ | 113,353,607 | | | $ | 113,415,662 | | Purchased | | | 0 | | | | 0 | | | | 0 | | | | 7,505,583 | | | | 7,505,583 | | Commercial real estate | | | 1,716,470 | | | | 699,117 | | | | 2,415,587 | | | | 502,946,978 | | | | 505,362,565 | | Municipal | | | 0 | | | | 0 | | | | 0 | | | | 67,850,278 | | | | 67,850,278 | | Residential real estate - 1st lien | | | 565,663 | | | | 428,830 | | | | 994,493 | | | | 274,492,807 | | | | 275,487,300 | | Residential real estate - Jr lien | | | 522,978 | | | | 0 | | | | 522,978 | | | | 49,377,721 | | | | 49,900,699 | | Consumer | | | 16,080 | | | | 0 | | | | 16,080 | | | | 2,597,402 | | | | 2,613,482 | | Totals | | $ | 2,852,107 | | | $ | 1,159,086 | | | $ | 4,011,193 | | | $ | 1,018,124,376 | | | $ | 1,022,135,569 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 90 Days | | | Total | | | | | | | | | | December 31, 2025 | | 30-89 Days | | | or More | | | Past Due | | | Current | | | Total Loans | | | | | | | | | | | | | | | | | | | | | | | Commercial & industrial | | $ | 11,044 | | | $ | 987,634 | | | $ | 998,678 | | | $ | 106,460,068 | | | $ | 107,458,746 | | Purchased | | | 0 | | | | 0 | | | | 0 | | | | 10,010,347 | | | | 10,010,347 | | Commercial real estate | | | 356,541 | | | | 17,548 | | | | 374,089 | | | | 499,273,815 | | | | 499,647,904 | | Municipal | | | 0 | | | | 0 | | | | 0 | | | | 62,078,419 | | | | 62,078,419 | | Residential real estate - 1st lien | | | 1,563,753 | | | | 299,793 | | | | 1,863,546 | | | | 234,692,800 | | | | 236,556,346 | | Residential real estate - Jr lien | | | 402,645 | | | | 225,568 | | | | 628,213 | | | | 45,843,834 | | | | 46,472,047 | | Consumer | | | 31,542 | | | | 0 | | | | 31,542 | | | | 3,030,311 | | | | 3,061,853 | | Totals | | $ | 2,365,525 | | | $ | 1,530,543 | | | $ | 3,896,068 | | | $ | 961,389,594 | | | $ | 965,285,662 | |
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| Schedule of amortized cost basis of collateral-dependent loans |
| | Business | | | | | | | | | | Assets (1) | | | Real Estate | | | Total | | September 30, 2026 | | | | | | | | | | Commercial & industrial | | $ | 2,681,250 | | | $ | 0 | | | $ | 2,681,250 | | Commercial real estate | | | 0 | | | | 1,356 | | | | 1,356 | | Residential real estate - Jr lien | | | 0 | | | | 196,596 | | | | 196,596 | | Totals | | $ | 2,681,250 | | | $ | 197,952 | | | $ | 2,879,202 | | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | Commercial real estate | | $ | 0 | | | $ | 1,755 | | | $ | 1,755 | | Residential real estate - 1st lien | | | 0 | | | | 153,661 | | | | 153,661 | | Totals | | $ | 0 | | | $ | 155,416 | | | $ | 155,416 | |
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| Schedule of amortized cost basis of loans |
| | | | | Total Class | | | | Term | | | of Financing | | | | Extension | | | Receivable | | | | | | | | | Commercial & Industrial | | $ | 17,373 | | | | 0.0153 | % | Commercial Real Estate | | | 61,380 | | | | 0.0121 | % | Total | | $ | 78,753 | | | | 0.0077 | % |
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| Schedule of financial effect of the loan modifications |
| | Weighted- | | | | Average | | | | Term Extension | | | | (months) | | | | | | Commercial & Industrial | | | 3 | | Commercial Real Estate | | | 3 | |
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| Schedule of performance of modified loans |
| | | | | Past Due | | | | | | | 90 Days | | | | Current | | | or More | | | | | | | | | Commercial & Industrial | | $ | 17,373 | | | $ | 0 | | Commercial Real Estate | | | 61,308 | | | | 13,556 | | Total | | $ | 78,681 | | | $ | 13,556 | |
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