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Loans Receivable and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of the composition of loan held-for-investment
The following table presents the composition of the Company’s loans held-for-investment as of December 31, 2020 and 2019:
($ in thousands)December 31, 2020December 31, 2019
Amortized Cost (1)
Non-PCI Loans (1)
PCI Loans
Total (1)
Commercial:
C&I (2)
$13,631,726 $12,149,121 $1,810 $12,150,931 
CRE:
CRE11,174,611 10,165,247 113,201 10,278,448 
Multifamily residential3,033,998 2,834,212 22,162 2,856,374 
Construction and land599,692 628,459 40 628,499 
Total CRE14,808,301 13,627,918 135,403 13,763,321 
Total commercial28,440,027 25,777,039 137,213 25,914,252 
Consumer:
Residential mortgage:
Single-family residential8,185,953 7,028,979 79,611 7,108,590 
HELOCs1,601,716 1,466,736 6,047 1,472,783 
Total residential mortgage9,787,669 8,495,715 85,658 8,581,373 
Other consumer163,259 282,914 — 282,914 
Total consumer9,950,928 8,778,629 85,658 8,864,287 
Total loans held-for-investment$38,390,955 $34,555,668 $222,871 $34,778,539 
Allowance for loan losses(619,983)(358,287)— (358,287)
Loans held-for-investment, net$37,770,972 $34,197,381 $222,871 $34,420,252 
(1)Includes net deferred loan fees, unearned fees, unamortized premiums and unaccreted discounts of $(58.8) million and $(43.2) million as of December 31, 2020 and 2019, respectively.
(2)Includes PPP loans of $1.57 billion as of December 31, 2020.
Schedule of loans held-for-investment by loan portfolio segment, internal risk ratings and vintage year/Schedule of credit risk ratings for non-PCI and PCI loans by portfolio segment
The following table summarizes the Company’s loans held-for-investment as of December 31, 2020, presented by loan portfolio segments, internal risk ratings and vintage year. The vintage year is the year of origination, renewal or major modification.
($ in thousands)December 31, 2020
Term LoansRevolving Loans
Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost BasisTotal
Amortized Cost Basis by Origination Year
20202019201820172016Prior
Commercial:
C&I:
Pass$3,912,147 $1,477,740 $483,725 $245,594 $69,482 $245,615 $6,431,003 $29,487 $12,894,793 
Criticized (accrual) 120,183 74,601 56,785 19,426 1,487 5,872 324,640 — 602,994 
Criticized (nonaccrual)2,125 25,267 22,240 18,787 4,964 1,592 58,964 — 133,939 
Total C&I4,034,455 1,577,608 562,750 283,807 75,933 253,079 6,814,607 29,487 13,631,726 
CRE:
Pass2,296,649 2,402,136 2,310,748 1,328,251 732,694 1,529,681 173,267 19,064 10,792,490 
Criticized (accrual)47,459 63,654 43,447 98,259 2,094 80,662 — — 335,575 
Criticized (nonaccrual)— — 42,067 1,115 — 3,364 — — 46,546 
Total CRE2,344,108 2,465,790 2,396,262 1,427,625 734,788 1,613,707 173,267 19,064 11,174,611 
Multifamily residential:
Pass783,671 783,589 479,959 411,945 181,213 348,751 5,895 — 2,995,023 
Criticized (accrual)— 735 22,330 6,101 264 5,877 — — 35,307 
Criticized (nonaccrual)— — 1,475 — — 2,193 — — 3,668 
Total multifamily residential
783,671 784,324 503,764 418,046 181,477 356,821 5,895 — 3,033,998 
Construction and land:
Pass224,924 172,707 156,712 — 20,897 1,028 — — 576,268 
Criticized (accrual)3,524 — — — — 19,900 — — 23,424 
Criticized (nonaccrual)— — — — — — — — — 
Total construction and land
228,448 172,707 156,712 — 20,897 20,928 — — 599,692 
Total CRE3,356,227 3,422,821 3,056,738 1,845,671 937,162 1,991,456 179,162 19,064 14,808,301 
Total commercial
7,390,682 5,000,429 3,619,488 2,129,478 1,013,095 2,244,535 6,993,769 48,551 28,440,027 
Consumer:
Single-family residential:
Pass (1)
2,385,853 1,813,200 1,501,660 1,021,707 523,170 921,714 — — 8,167,304 
Criticized (accrual)— 1,429 — — 119 1,034 — — 2,582 
Criticized (Nonaccrual) (1)
— 226 812 1,789 1,994 11,246 — — 16,067 
Total single-family residential mortgage
2,385,853 1,814,855 1,502,472 1,023,496 525,283 933,994 — — 8,185,953 
HELOCs:
Pass1,131 880 2,879 5,363 8,433 13,475 1,328,919 225,810 1,586,890 
Criticized (accrual)— — 200 — 996 — 1,328 606 3,130 
Criticized (nonaccrual)— 151 285 4,617 164 1,962 — 4,517 11,696 
Total HELOCs1,131 1,031 3,364 9,980 9,593 15,437 1,330,247 230,933 1,601,716 
Total residential mortgage2,386,984 1,815,886 1,505,836 1,033,476 534,876 949,431 1,330,247 230,933 9,787,669 
Other consumer:
Pass9,531 — — 1,830 — 83,255 66,136 — 160,752 
Criticized (accrual)16 — — — — — — — 16 
Criticized (nonaccrual)— — — 2,491 — — — — 2,491 
Total other consumer
9,547 — — 4,321 — 83,255 66,136 — 163,259 
Total consumer2,396,531 1,815,886 1,505,836 1,037,797 534,876 1,032,686 1,396,383 230,933 9,950,928 
Total
$9,787,213 $6,816,315 $5,125,324 $3,167,275 $1,547,971 $3,277,221 $8,390,152 $279,484 $38,390,955 
(1)As of December 31, 2020, $747 thousand of nonaccrual loans whose payments are guaranteed by the Federal Housing Administration were classified with a pass rating.
The following tables present the credit risk ratings for non-PCI and PCI loans by portfolio segments as of December 31, 2019:
($ in thousands)December 31, 2019
PassCriticizedTotal
Non-PCI Loans
AccrualNonaccrual
Commercial:
C&I$11,423,094 $651,192 $74,835 $12,149,121 
CRE:
CRE10,003,749 145,057 16,441 10,165,247 
Multifamily residential2,806,475 26,918 819 2,834,212 
Construction and land603,447 25,012 — 628,459 
Total CRE13,413,671 196,987 17,260 13,627,918 
Total commercial 24,836,765 848,179 92,095 25,777,039 
Consumer:
Residential mortgage:
Single-family residential (1)
7,012,522 2,278 14,179 7,028,979 
HELOCs1,453,207 2,787 10,742 1,466,736 
Total residential mortgage8,465,729 5,065 24,921 8,495,715 
Other consumer280,392 5 2,517 282,914 
Total consumer8,746,121 5,070 27,438 8,778,629 
Total$33,582,886 $853,249 $119,533 $34,555,668 
($ in thousands)December 31, 2019
PassCriticized Total
PCI Loans
AccrualNonaccrual
Commercial:
C&I$1,810 $— $— $1,810 
CRE:
CRE102,257 10,939 5 113,201 
Multifamily residential22,162 — — 22,162 
Construction and land40 — — 40 
Total CRE124,459 10,939 5 135,403 
Total commercial 126,269 10,939 5 137,213 
Consumer:
Residential mortgage:
Single-family residential79,517 — 94 79,611 
HELOCs5,849 — 198 6,047 
Total residential mortgage85,366 — 292 85,658 
Total consumer85,366 — 292 85,658 
Total (2)
$211,635 $10,939 $297 $222,871 
(1)As of December 31, 2019, $686 thousand of nonaccrual loans whose payments are guaranteed by the Federal Housing Administration were classified with a pass rating.
(2)Loans net of ASC 310-30 discount.
Schedule of aging analysis of loans The following table presents the aging analysis of total loans held-for-investment as of December 31, 2020:
($ in thousands)December 31, 2020
Current
Accruing
Loans		Accruing
Loans
30-59  Days
Past Due		Accruing
Loans
60-89  Days
Past Due		Total
Accruing
Past Due
Loans		Nonaccrual
Loans Less
Than 90 
Days
Past Due		Nonaccrual
Loans
90 or More
Days 
Past Due		Total
Nonaccrual
Loans		Total
Loans
Commercial:
C&I$13,488,070 $8,993 $724 $9,717 $100,602 $33,337 $133,939 $13,631,726 
CRE:
CRE11,127,690 375 — 375 448 46,098 46,546 11,174,611 
Multifamily residential3,028,512 1,818 — 1,818 2,375 1,293 3,668 3,033,998 
Construction and land579,792 19,900 — 19,900 — — — 599,692 
Total CRE14,735,994 22,093 — 22,093 2,823 47,391 50,214 14,808,301 
Total commercial28,224,064 31,086 724 31,810 103,425 80,728 184,153 28,440,027 
Consumer:
Residential mortgage:
Single-family residential8,156,645 9,911 2,583 12,494 2,385 14,429 16,814 8,185,953 
HELOCs1,583,968 2,922 3,130 6,052 577 11,119 11,696 1,601,716 
Total residential mortgage9,740,613 12,833 5,713 18,546 2,962 25,548 28,510 9,787,669 
Other consumer160,534 217 17 234 — 2,491 2,491 163,259 
Total consumer9,901,147 13,050 5,730 18,780 2,962 28,039 31,001 9,950,928 
Total$38,125,211 $44,136 $6,454 $50,590 $106,387 $108,767 $215,154 $38,390,955 
The following table presents the aging analysis of non-PCI loans as of December 31, 2019:
($ in thousands)December 31, 2019
Current
Accruing
Loans		Accruing
Loans
30-59 Days
Past Due		Accruing
Loans
60-89 Days
Past Due		Total
Accruing
Past Due
Loans		Nonaccrual
Loans Less
Than 90 
Days
Past Due		Nonaccrual
Loans
90 or More
Days 
Past Due		Total
Nonaccrual
Loans		Total
Non-PCI
Loans
Commercial:
C&I
$12,026,131 $31,121 $17,034 $48,155 $31,084 $43,751 $74,835 $12,149,121 
CRE:
CRE10,123,999 22,830 1,977 24,807 540 15,901 16,441 10,165,247 
Multifamily residential
2,832,664 198 531 729 534 285 819 2,834,212 
Construction and land
628,459 — — — — — — 628,459 
Total CRE
13,585,122 23,028 2,508 25,536 1,074 16,186 17,260 13,627,918 
Total commercial
25,611,253 54,149 19,542 73,691 32,158 59,937 92,095 25,777,039 
Consumer:
Residential mortgage:
Single-family residential
6,993,597 15,443 5,074 20,517 1,964 12,901 14,865 7,028,979 
HELOCs
1,448,930 4,273 2,791 7,064 1,448 9,294 10,742 1,466,736 
Total residential mortgage
8,442,527 19,716 7,865 27,581 3,412 22,195 25,607 8,495,715 
Other consumer280,386 6 5 11 — 2,517 2,517 282,914 
Total consumer
8,722,913 19,722 7,870 27,592 3,412 24,712 28,124 8,778,629 
Total
$34,334,166 $73,871 $27,412 $101,283 $35,570 $84,649 $120,219 $34,555,668 
Schedule of amortized cost of loans on nonaccrual status with no related allowance for loan losses
The following table presents amortized cost of loans on nonaccrual status for which there was no related allowance for loan losses as of December 31, 2020:
($ in thousands)December 31, 2020
Commercial:
C&I$62,040 
CRE:
CRE45,537 
Multifamily residential2,519 
Total CRE48,056 
Total commercial110,096 
Consumer:
Residential mortgage:
Single-family residential6,013 
HELOCs8,076 
Total residential mortgage14,089 
Other consumer2,491 
Total consumer16,580 
Total nonaccrual loans with no related allowance for loan losses$126,676 
Summary of additions and post-modifications to troubled debt restructurings
The following tables present the additions to TDRs for the years ended December 31, 2020, 2019 and 2018:
($ in thousands)Loans Modified as TDRs During the Year Ended December 31, 2020
Number
of
Loans		Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment (1)
Financial
Impact (2)
Commercial:
C&I14 $152,249 $134,467 $19,555 
CRE:
CRE2 21,429 21,221 18 
Multifamily residential1 1,220 1,226 — 
Total CRE3 22,649 22,447 18 
Total commercial17 174,898 156,914 19,573 
Consumer:
Total consumer— — — — 
Total17 $174,898 $156,914 $19,573 
($ in thousands)Loans Modified as TDRs During the Year Ended December 31, 2019
Number
of
Loans		Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment (1)
Financial
Impact (2)
Commercial:
C&I8 $95,742 $71,332 $8,004 
CRE:
Construction and land1 19,696 19,691 — 
Total CRE1 19,696 19,691 — 
Total commercial9 115,438 91,023 8,004 
Consumer:
Residential mortgage:
Single-family residential2 1,123 1,098 2 
HELOCs2 539 528 — 
Total residential mortgage4 1,662 1,626 2 
Total consumer4 1,662 1,626 2 
Total13 $117,100 $92,649 $8,006 
($ in thousands)Loans Modified as TDRs During the Year Ended December 31, 2018
Number
of
Loans		Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment (1)
Financial
Impact (2)
Commercial:
C&I8 $11,366 $9,520 $699 
CRE:
CRE1 750 752 — 
Total CRE1 750 752 — 
Total commercial9 12,116 10,272 699 
Consumer:
Residential mortgage:
Single-family residential2 405 391 (28)
HELOCs2 1,546 1,418 — 
Total residential mortgage4 1,951 1,809 (28)
Total consumer4 1,951 1,809 (28)
Total13 $14,067 $12,081 $671 
(1)Includes subsequent payments after modification and reflects the balance as of December 31, 2020, 2019 and 2018.
(2)Includes charge-offs and specific reserves recorded since the modification date.

The following tables present the TDR post-modifications outstanding balances for the years ended December 31, 2020, 2019 and 2018 by modification type:
($ in thousands)Modification Type During the Year Ended December 31, 2020
Principal (1)
Principal
and
Interest (2)
Interest
Rate
Reduction		Interest
Deferments
Other (3)
Total
Commercial:
C&I$59,134 $10,863 $31,913 $32,557 $— $134,467 
CRE:
CRE21,221 — — — — 21,221 
Multifamily residential1,226 — — — — 1,226 
Total CRE22,447 — — — — 22,447 
Total commercial81,581 10,863 31,913 32,557 — 156,914 
Consumer:
Total consumer— — — — — — 
Total$81,581 $10,863 $31,913 $32,557 $— $156,914 
($ in thousands)Modification Type During the Year Ended December 31, 2019
Principal (1)
Principal
and
Interest (2)
Interest
Rate
Reduction		Interest
Deferments
Other (3)
Total
Commercial:
C&I$31,611 $— $— $— $39,721 $71,332 
CRE:
Construction and land— — 19,691 — — 19,691 
Total CRE— — 19,691 — — 19,691 
Total commercial31,611 — 19,691 — 39,721 91,023 
Consumer:
Residential mortgage:
Single-family residential— 1,098 — — — 1,098 
HELOCs— 397 — — 131 528 
Total residential mortgage— 1,495 — — 131 1,626 
Total consumer— 1,495 — — 131 1,626 
Total$31,611 $1,495 $19,691 $— $39,852 $92,649 
($ in thousands)Modification Type During the Year Ended December 31, 2018
Principal (1)
Principal
and
Interest (2)
Interest
Rate
Reduction		Interest
Deferments
Other (3)
Total
Commercial:
C&I$5,472 $— $— $— $4,048 $9,520 
CRE:
CRE— — 752 — — 752 
Total CRE— — 752 — — 752 
Total commercial5,472 — 752 — 4,048 10,272 
Consumer:
Residential mortgage:
Single-family residential66 — — — 325 391 
HELOCs1,353 — — — 65 1,418 
Total residential mortgage1,419 — — — 390 1,809 
Total consumer1,419 — — — 390 1,809 
Total$6,891 $— $752 $— $4,438 $12,081 
(1)Includes forbearance payments, term extensions and principal deferments that modify the terms of the loan from principal and interest payments to interest payments only.
(2)Includes principal and interest deferments or reductions.
(3)Includes primarily funding to secure additional collateral and provides liquidity to collateral-dependent C&I loans.
Summary of TDR loans subsequently defaulted The following table presents information on loans for which a subsequent payment default occurred during the years ended December 31, 2020, 2019 and 2018, respectively, which had been modified as TDR within the previous 12 months of its default, and were still in default as of the respective periods end:
($ in thousands)Loans Modified as TDRs that Subsequently Defaulted
During the Year Ended December 31,
202020192018
Number of
Loans		Recorded
Investment		Number of
Loans		Recorded
Investment		Number of
Loans		Recorded
Investment
Commercial:
C&I1 $15,852 3 $13,112 4 $1,890 
CRE:
CRE— — — — 1 186 
Total CRE— — — — 1 186 
Total commercial1 15,852 3 13,112 5 2,076 
Consumer:
Residential mortgage:
HELOCs— — — — 1 150 
Total residential mortgage— — — — 1 150 
Total consumer— — — — 1 150 
Total1 $15,852 3 $13,112 6 $2,226 
Summary of non-PCI impaired loans Information on non-PCI impaired loans as of December 31, 2019 is presented as follows:
($ in thousands)December 31, 2019
Unpaid
Principal
Balance		Recorded
Investment
With No
Allowance		Recorded
Investment
With
Allowance		Total
Recorded
Investment		Related
Allowance
Commercial:
C&I$174,656 $73,956 $40,086 $114,042 $2,881 
CRE:
CRE27,601 20,098 1,520 21,618 97 
Multifamily residential4,965 1,371 3,093 4,464 55 
Construction and land19,696 19,691 — 19,691 — 
Total CRE52,262 41,160 4,613 45,773 152 
Total commercial226,918 115,116 44,699 159,815 3,033 
Consumer:
Residential mortgage:
Single-family residential23,626 8,507 13,704 22,211 35 
HELOCs13,711 6,125 7,449 13,574 8 
Total residential mortgage37,337 14,632 21,153 35,785 43 
Other consumer2,517 — 2,517 2,517 2,517 
Total consumer39,854 14,632 23,670 38,302 2,560 
Total non-PCI impaired loans$266,772 $129,748 $68,369 $198,117 $5,593 
Schedule of average recorded investment and interest income recognized on non-PCI impaired loans
The following table presents the average recorded investment and interest income recognized on non-PCI impaired loans for the years ended December 31, 2019 and 2018:
($ in thousands)Year Ended December 31,
20192018
Average
Recorded
Investment
Recognized
Interest
Income (1)
Average
Recorded
Investment
Recognized
Interest
   Income (1)
Commercial:
C&I$248,619 $2,932 $143,430 $1,046 
CRE:
CRE33,046 464 35,049 491 
Multifamily residential6,116 228 11,742 249 
Construction and land19,691 68 3,973 — 
Total CRE58,853 760 50,764 740 
Total commercial307,472 3,692 194,194 1,786 
Consumer:
Residential mortgage:
Single-family residential37,315 496 22,350 474 
HELOCs22,851 130 14,134 70 
Total residential mortgage60,166 626 36,484 544 
Other consumer2,552 — 2,502 — 
Total consumer62,718 626 38,986 544 
Total non-PCI impaired loans$370,190 $4,318 $233,180 $2,330 
(1)Includes interest income recognized on accruing non-PCI TDRs. Interest payments received on nonaccrual non-PCI loans are reflected as a reduction to principal, not as interest income.
Summary of the activity in the allowance for credit losses
The following tables summarize the activity in the allowance for loan losses by portfolio segments for the years ended December 31, 2020, 2019 and 2018:
($ in thousands)Year Ended December 31, 2020
CommercialConsumerTotal
C&ICREResidential MortgageOther
Consumer
CREMultifamily
Residential		Construction
and Land		Single-
Family
Residential		HELOCs
Allowance for loan losses, beginning of period$238,376 $40,509 $22,826 $19,404 $28,527 $5,265 $3,380 $358,287 
Impact of ASU 2016-13 adoption74,237 72,169 (8,112)(9,889)(3,670)(1,798)2,221 125,158 
Provision for (reversal of) credit losses on loans(a)145,212 55,864 10,879 644 (9,922)(605)(3,381)198,691 
Gross charge-offs(66,225)(15,206)— — — (221)(185)(81,837)
Gross recoveries5,428 10,455 1,980 80 585 49 95 18,672 
Total net (charge-offs) recoveries(60,797)(4,751)1,980 80 585 (172)(90)(63,165)
Foreign currency translation adjustment1,012 — — — — — — 1,012 
Allowance for loan losses, end of period$398,040 $163,791 $27,573 $10,239 $15,520 $2,690 $2,130 $619,983 
($ in thousands)Year Ended December 31, 2019
CommercialConsumerTotal
C&ICREResidential MortgageOther
Consumer
CREMultifamily
Residential		Construction
and Land		Single-
Family
Residential		HELOCs
Allowance for loan losses, beginning of period
$189,117 $40,666 $19,885 $20,290 $31,340 $5,774 $4,250 $311,322 
Provision for (reversal of) credit losses on loans
(a)109,068 (4,345)1,085 (1,422)(2,938)(516)(839)100,093 
Gross charge-offs
(73,985)(1,021)— — (11)— (50)(75,067)
Gross recoveries
14,501 5,209 1,856 536 136 7 19 22,264 
Total net (charge-offs) recoveries
(59,484)4,188 1,856 536 125 7 (31)(52,803)
Foreign currency translation adjustment(325)— — — — — — (325)
Allowance for loan losses, end of period$238,376 $40,509 $22,826 $19,404 $28,527 $5,265 $3,380 $358,287 
($ in thousands)Year Ended December 31, 2018
CommercialConsumerTotal
C&ICREResidential MortgageOther
Consumer
CREMultifamily
Residential		Construction
and Land		Single-
Family
Residential		HELOCs
Allowance for loan losses, beginning of period$163,058 $40,809 $19,537 $26,881 $26,362 $7,354 $3,127 $287,128 
Provision for (reversal of) credit losses on loans(a)75,629 (5,337)(1,409)(7,331)3,765 (1,618)1,308 65,007 
Gross charge-offs(59,244)— — — (1)— (188)(59,433)
Gross recoveries10,417 5,194 1,757 740 1,214 38 3 19,363 
Total net (charge-offs) recoveries(48,827)5,194 1,757 740 1,213 38 (185)(40,070)
Foreign currency translation adjustment(743)— — — — — — (743)
Allowance for loan losses, end of period$189,117 $40,666 $19,885 $20,290 $31,340 $5,774 $4,250 $311,322 

The following table summarizes the activities in the allowance for unfunded credit commitments for the years ended December 31, 2020, 2019 and 2018:
($ in thousands)Year Ended December 31,
202020192018
Unfunded credit facilities
Allowance for unfunded credit commitments, beginning of period$11,158 $12,566 $13,318 
Impact of ASU 2016-13 adoption10,457 — — 
Provision for (reversal of ) credit losses on unfunded credit commitments(b)11,962 (1,408)(752)
Allowance for unfunded credit commitments, end of period33,577 11,158 12,566 
Provision for credit losses(a) + (b)$210,653 $98,685 $64,255 
Allowance for loan losses and recorded investments by portfolio segment and impairment methodology
The following table presents the Company’s allowance for loan losses and recorded investments by portfolio segments and impairment methodology as of December 31, 2019. This table is no longer presented after December 31, 2019, given the adoption of ASU 2016-13 on January 1, 2020, which has a single impairment methodology.
($ in thousands)December 31, 2019
CommercialConsumerTotal
CREResidential Mortgage
C&ICREMultifamily
Residential		Construction
and Land		Single-Family
Residential		HELOCsOther
Consumer
Allowance for loan losses
Individually evaluated for impairment
$2,881 $97 $55 $— $35 $8 $2,517 $5,593 
Collectively evaluated for impairment
235,495 40,412 22,771 19,404 28,492 5,257 863 352,694 
Total
$238,376 $40,509 $22,826 $19,404 $28,527 $5,265 $3,380 $358,287 
Recorded investment in loans
Individually evaluated for impairment
$114,042 $21,618 $4,464 $19,691 $22,211 $13,574 $2,517 $198,117 
Collectively evaluated for impairment
12,035,079 10,143,629 2,829,748 608,768 7,006,768 1,453,162 280,397 34,357,551 
Acquired with deteriorated credit quality (1)
1,810 113,201 22,162 40 79,611 6,047 — 222,871 
Total (1)
$12,150,931 $10,278,448 $2,856,374 $628,499 $7,108,590 $1,472,783 $282,914 $34,778,539 
(1)Loans net of ASC 310-30 discount.
Summary of changes in accretable yield on the PCI loans
The following table presents the changes in the accretable yield on PCI loans for the years ended December 31, 2019 and 2018:
($ in thousands)Year Ended December 31,
20192018
Accretable yield for PCI loans, beginning of period$74,870 $101,977 
Accretion(24,220)(34,662)
Changes in expected cash flows(140)7,555 
Accretable yield for PCI loans, end of period$50,510 $74,870