Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Schedule Of Composition of Loans Portfolio

The following table summarizes the composition of our loans and leases held for investment as of the dates indicated:

	December 31,
	2024		2023
	(In thousands)
Real estate mortgage	$	13,605,595	$	16,378,537
Real estate construction and land (1)	3,187,146		3,183,357
Commercial	6,788,923		5,780,346
Consumer	402,254		454,474
Total gross loans and leases held for investment	23,983,918		25,796,714
Unearned discounts, net (2)	(175,713)		(261,984)
Deferred fees, net	(26,542)		(45,043)
Total loans and leases held for investment	23,781,663		25,489,687
Allowance for loan and lease losses	(239,360)		(281,687)
Total loans and leases held for investment, net (3)	$	23,542,303	$	25,208,000

____________________

(1)    Includes land and acquisition and development loans of $223.9 million and $228.9 million at December 31, 2024 and 2023.

(2)    Represents net acquisition discounts of $235.2 million and net purchase premiums of $59.5 million at December 31, 2024, and net acquisition discounts of $334.2 million and purchase premiums of $72.2 million at December 31, 2023.

(3)    Excludes accrued interest receivable of $96.8 million and $111.3 million at December 31, 2024 and 2023, which is recorded in "Other assets" on the consolidated balance sheets.

Delinquent loans in loan portfolio

The following tables present an aging analysis of our loans and leases held for investment by loan portfolio segment and class as of the dates indicated:

	December 31, 2024
	30 - 89		90 or More
	Days		Days		Total
	Past Due		Past Due		Past Due		Current		Total
	(In thousands)
Real estate mortgage:
Commercial	$	27,700	$	22,561	$	50,261	$	4,528,511	$	4,578,772
Multi-family	10,346		21,860		32,206		6,009,507		6,041,713
Other residential	39,873		36,976		76,849		2,730,325		2,807,174
Total real estate mortgage	77,919		81,397		159,316		13,268,343		13,427,659
Real estate construction and land:
Commercial	—		—		—		799,131		799,131
Residential	—		—		—		2,373,162		2,373,162
Total real estate construction and land	—		—		—		3,172,293		3,172,293
Commercial:
Asset-based	1,795		—		1,795		2,086,174		2,087,969
Venture capital	5,534		—		5,534		1,532,242		1,537,776
Other commercial	3,295		6,956		10,251		3,142,833		3,153,084
Total commercial	10,624		6,956		17,580		6,761,249		6,778,829
Consumer	2,804		493		3,297		399,585		402,882
Total	$	91,347	$	88,846	$	180,193	$	23,601,470	$	23,781,663

	December 31, 2023
	30 - 89		90 or More
	Days		Days		Total
	Past Due		Past Due		Past Due		Current		Total
	(In thousands)
Real estate mortgage:
Commercial	$	12,618	$	15,168	$	27,786	$	4,998,711	$	5,026,497
Multi-family	2,302		1,020		3,322		6,021,857		6,025,179
Other residential	93,042		4,341		97,383		4,962,926		5,060,309
Total real estate mortgage	107,962		20,529		128,491		15,983,494		16,111,985
Real estate construction and land:
Commercial	—		—		—		759,585		759,585
Residential	—		—		—		2,399,684		2,399,684
Total real estate construction and land	—		—		—		3,159,269		3,159,269
Commercial:
Asset-based	608		2,689		3,297		2,185,788		2,189,085
Venture capital	—		—		—		1,446,362		1,446,362
Other commercial	1,276		6,993		8,269		2,121,591		2,129,860
Total commercial	1,884		9,682		11,566		5,753,741		5,765,307
Consumer	3,461		670		4,131		448,995		453,126
Total	$	113,307	$	30,881	$	144,188	$	25,345,499	$	25,489,687

Financing Receivable Non Accrual And Performing

The following table presents our nonaccrual and performing loans and leases held for investment by loan portfolio segment and class as of the dates indicated:  

	December 31,
	2024						2023
	Nonaccrual		Performing		Total		Nonaccrual		Performing		Total
	(In thousands)
Real estate mortgage:
Commercial	$	97,655	$	4,481,117	$	4,578,772	$	15,669	$	5,010,828	$	5,026,497
Multi-family	22,763		6,018,950		6,041,713		1,020		6,024,159		6,025,179
Other residential	46,788		2,760,386		2,807,174		31,041		5,029,268		5,060,309
Total real estate mortgage	167,206		13,260,453		13,427,659		47,730		16,064,255		16,111,985
Real estate construction and land:
Commercial	—		799,131		799,131		—		759,585		759,585
Residential	—		2,373,162		2,373,162		—		2,399,684		2,399,684
Total real estate construction and land	—		3,172,293		3,172,293		—		3,159,269		3,159,269
Commercial:
Asset-based	1,940		2,086,029		2,087,969		2,689		2,186,396		2,189,085
Venture capital	6,291		1,531,485		1,537,776		325		1,446,037		1,446,362
Other commercial	13,544		3,139,540		3,153,084		10,972		2,118,888		2,129,860
Total commercial	21,775		6,757,054		6,778,829		13,986		5,751,321		5,765,307
Consumer	624		402,258		402,882		811		452,315		453,126
Total	$	189,605	$	23,592,058	$	23,781,663	$	62,527	$	25,427,160	$	25,489,687

CV of Loans Held for Investment by Class by Classified and Nonclassiified

The following tables present the credit risk rating categories for loans and leases held for investment by loan portfolio segment and class as of the dates indicated. Classified loans and leases are those with a credit risk rating of either substandard or doubtful.

	December 31, 2024
	Classified		Special Mention		Pass		Total
	(In thousands)
Real estate mortgage:
Commercial	$	301,278	$	348,014	$	3,929,480	$	4,578,772
Multi-family	113,164		202,690		5,725,859		6,041,713
Other residential	47,993		14,351		2,744,830		2,807,174
Total real estate mortgage	462,435		565,055		12,400,169		13,427,659
Real estate construction and land:
Commercial	—		148,024		651,107		799,131
Residential	—		203,220		2,169,942		2,373,162
Total real estate construction and land	—		351,244		2,821,049		3,172,293
Commercial:
Asset-based	5,003		9,547		2,073,419		2,087,969
Venture capital	75,406		125,320		1,337,050		1,537,776
Other commercial	19,949		38,741		3,094,394		3,153,084
Total commercial	100,358		173,608		6,504,863		6,778,829
Consumer	709		7,408		394,765		402,882
Total	$	563,502	$	1,097,315	$	22,120,846	$	23,781,663

	December 31, 2023
	Classified		Special Mention		Pass		Total
	(In thousands)
Real estate mortgage:
Commercial	$	75,739	$	219,687	$	4,731,071	$	5,026,497
Multi-family	74,954		108,356		5,841,869		6,025,179
Other residential	38,155		54,197		4,967,957		5,060,309
Total real estate mortgage	188,848		382,240		15,540,897		16,111,985
Real estate construction and land:
Commercial	—		—		759,585		759,585
Residential	—		2,757		2,396,927		2,399,684
Total real estate construction and land	—		2,757		3,156,512		3,159,269
Commercial:
Asset-based	4,561		12,506		2,172,018		2,189,085
Venture capital	7,805		98,633		1,339,924		1,446,362
Other commercial	26,044		9,984		2,093,832		2,129,860
Total commercial	38,410		121,123		5,605,774		5,765,307
Consumer	1,159		7,192		444,775		453,126
Total	$	228,417	$	513,312	$	24,747,958	$	25,489,687

Financing Receivable, Modified, Subsequent Default

The following tables present information on loans that defaulted during the years indicated, which had been modified

during the preceding 12-month period, with related amortized cost balances as of the date indicated:

	Year Ended December 31, 2024
	Loan Modifications That Subsequently Defaulted
	Amortized Cost Basis at
	December 31, 2024
			Combination
	Term		Term Extension
	Extension		and Payment Delay		Total
	(In thousands)
Real estate mortgage:
Commercial	$	9,671	$	13,899	$	23,570
Other residential	3,539		—		3,539
Total	$	13,210	$	13,899	$	27,109

	Year Ended December 31, 2023
	Loan Modifications That
	Subsequently Defaulted
	Amortized Cost Basis at
	December 31, 2023
	Term
	Extension		Total
	(In thousands)
Real estate mortgage:
Other residential	$	735	$	735

Finance Receivable Investment And Interest Income, Nonaccrual

The following table presents our nonaccrual loans and leases by loan portfolio segment and class and by with and without an allowance recorded as of the date indicated and interest income recognized on nonaccrual loans and leases for the year indicated:

	At and For the Year Ended
	December 31, 2024				December 31, 2023
	Nonaccrual		Interest		Nonaccrual		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(In thousands)
With An Allowance Recorded:
Real estate mortgage:
Commercial	$	9,864	$	—	$	385	$	—
Multi-family	—		—		—		—
Other residential	223		—		514		—
Real estate construction and land:
Commercial	—		—		—		—
Residential	—		—		—		—
Commercial:
Asset based	—		—		—		—
Venture capital	757		—		—		—
Other commercial	8,885		—		1,613		—
Consumer	624		—		811		—
With No Related Allowance Recorded:
Real estate mortgage:
Commercial	$	87,791	$	13	$	15,284	$	31
Multi-family	22,763		—		1,020		—
Other residential	46,565		—		30,527		—
Real estate construction and land:
Commercial	—		—		—		—
Residential	—		—		—		—
Commercial:
Asset based	1,940		—		2,689		—
Venture capital	5,534		—		325		—
Other commercial	4,659		—		9,359		10
Consumer	—		—		—		—
Total Loans and Leases With and
Without an Allowance Recorded:
Real estate mortgage	$	167,206	$	13	$	47,730	$	31
Real estate construction and land	—		—		—		—
Commercial	21,775		—		13,986		10
Consumer	624		—		811		—
Total	$	189,605	$	13	$	62,527	$	41

Financing Receivable, Loan Modifications, ASU2022-02

The following table presents our loan modifications made to borrowers experiencing financial difficulty by type of modification for the year indicated with balances as of the date indicated:

	Year Ended December 31, 2024
	Loan Modifications
	Balances (Amortized Cost Basis) at
	December 31, 2024
									Combination - Term				Combination - Term
									Extension and				Extension and
									Interest Rate				Payment				Total Loan
	Term Extension				Payment Delay				Reduction				Delay				Modifications
			% of				% of				% of				% of				% of
			Loan				Loan				Loan				Loan				Loan
			Portfolio				Portfolio				Portfolio				Portfolio				Portfolio
	Balance		Class		Balance		Class		Balance		Class		Balance		Class		Balance		Class
	(Dollars in thousands)
Real estate
mortgage:
Commercial	$	125,027	2.7	%	$	45,957	1.0	%	$	13,587	0.3	%	$	13,899	0.3	%	$	198,470	4.3	%
Other residential	4,218		0.2	%	—		—	%	—		—	%	—		—	%	4,218		0.2	%
Commercial:
Asset-based	1,940		0.1	%	—		—	%	—		—	%	—		—	%	1,940		0.1	%
Venture capital	5,722		0.4	%	758		—	%	—		—	%	12,064		0.8	%	18,544		1.2	%
Other
commercial	3,428		0.1	%	—		—	%	—		—	%	36		—	%	3,464		0.1	%
Consumer	9		—	%	—		—	%	—		—	%	—		—	%	9		—	%
Total	$	140,344			$	46,715			$	13,587			$	25,999			$	226,645

	Year Ended December 31, 2023
	Loan Modifications
	Balances (Amortized Cost Basis) at
	December 31, 2023
									Combination - Term
									Extension and				Combination - Term
									Interest Rate				Extension and				Total Loan
	Term Extension				Payment Delay				Reduction				Payment Delay				Modifications
			% of				% of				% of				% of				% of
			Loan				Loan				Loan				Loan				Loan
			Portfolio				Portfolio				Portfolio				Portfolio				Portfolio
	Balance		Class		Balance		Class		Balance		Class		Balance		Class		Balance		Class
	(Dollars in thousands)
Real estate
mortgage:
Other residential	$	9,068	0.2	%	$	—	—	%	$	—	—	%	$	—	—	%	$	9,068	0.2	%
Commercial:
Venture capital	—		—	%	—		—	%	—		—	%	324		—	%	324		—	%
Other
commercial	4,410		0.2	%	37		—	%	5		—	%	—		—	%	4,452		0.2	%
Consumer	14		—	%	—		—	%	2		—	%	—		—	%	16		—	%
Total	$	13,492			$	37			$	7			$	324			$	13,860

Finance Receivables - Loan Restructuring & Refinancing Modifications

The following tables present the financial effect of our loan modifications made to borrowers experiencing financial difficulty by type of modification for the year indicated:

	Year Ended December 31, 2024
	Term Extension - Financial Effect
Real estate mortgage:
Commercial	Extended maturity by a weighted average 13 months.
Other residential	Extended maturity by a weighted average seven years.
Commercial:
Asset-based	Extended maturity by a weighted average seven months.
Venture capital	Extended maturity by a weighted average three years.
Other commercial	Extended maturity by a weighted average 13 months.
Consumer	Extended maturity by a weighted average 12 months.

	Year Ended December 31, 2024
	Payment Delay - Financial Effect
Real estate mortgage:
Commercial	Deferred partial payments by a weighted average 24 months.
Commercial:
Venture capital	Deferred partial payments for three months.

	Year Ended December 31, 2024
	Combination - Term Extension and Principal Forgiveness
Real estate mortgage:
Commercial	Extended maturity by a weighted average three years and granted principal forgiveness totaling $4 million.

	Year Ended December 31, 2024
	Combination - Term Extension and Payment Delay - Financial Effect
Real estate mortgage:
Commercial	Extended maturity by a weighted average five years and granted eight months of partial payment deferrals.
Commercial:
Venture capital	Extended maturity and granted payment deferrals for a weighted average of three months.
Other commercial	Extended maturity by a weighted average 10 years and granted four months of payment deferrals.

	Year Ended December 31, 2023
	Term Extension - Financial Effect
Real estate mortgage:
Other residential	Extended maturity by a weighted average seven months.
Commercial:
Other commercial	Extended maturity by a weighted average 19 months.
Consumer	Extended maturity by a weighted average 12 months.

	Year Ended December 31, 2023
	Payment Delay - Financial Effect
Commercial:
Other commercial	Provided 18 months of reduced payments to borrowers without extending the loan term.

	Year Ended December 31, 2023
	Combination - Term Extension and Interest Rate Reduction
Commercial:
Other commercial	Extended maturity by a weighted average 3 years and reduced weighted average contractual interest rate from 11.75% to 7.50%.
Consumer	Extended maturity by a weighted average 2 years and reduced weighted average contractual interest rate from 9.50% to 2.00%.

	Year Ended December 31, 2023
	Combination - Term Extension and Payment Delay
Commercial:
Venture capital	Extended maturity and granted payment deferrals for a weighted average of 18 months.

Direct Financing Lease, Lease Income

The following table provides the components of leases receivable income for the period indicated:

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Component of leases receivable income:
Interest income on net investments in leases	$	18,714	$	16,671	$	10,813

Direct Finance Lease, Receivable Components

The following table presents the components of leases receivable as of the date indicated:

	December 31,
	2024		2023
	(In thousands)
Net Investment in Direct Financing Leases:
Lease payments receivable	$	202,815	$	249,223
Unguaranteed residual assets	22,489		25,488
Deferred costs and other	1,955		2,715
Aggregate net investment in leases	$	227,259	$	277,426

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

The following table presents maturities of leases receivable as of the date indicated:

	December 31, 2024
	(In thousands)
Year Ending December 31,
2025	$	74,522
2026	57,810
2027	41,952
2028	27,079
2029	20,171
Thereafter	5,229
Total undiscounted cash flows	226,763
Less: Unearned income	(23,948)
Present value of lease payments	$	202,815

Allowance for Loan Losses

The following tables present a summary of the activity in the allowance for loan and lease losses on loans and leases held for investment by loan portfolio segment for the years indicated:

	Year Ended December 31, 2024
			Real Estate
	Real Estate		Construction
	Mortgage		and Land		Commercial		Consumer		Total
	(In thousands)
Allowance for Loan and Lease Losses:
Balance, beginning of year	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Charge-offs	(63,117)		—		(26,322)		(5,504)		(94,943)
Recoveries	2,766		—		5,711		639		9,116
Net charge-offs	(60,351)		—		(20,611)		(4,865)		(85,827)
Provision	19,278		(22,890)		43,288		3,824		43,500
Balance, end of year	$	145,754	$	10,940	$	67,833	$	14,833	$	239,360
Ending Allowance by
Evaluation Methodology:
Individually evaluated	$	1,702	$	—	$	3,706	$	—	$	5,408
Collectively evaluated	$	144,052	$	10,940	$	64,127	$	14,833	$	233,952
Ending Loans and Leases by
Evaluation Methodology:
Individually evaluated	$	167,060	$	—	$	19,831	$	—	$	186,891
Collectively evaluated	13,260,599		3,172,293		6,758,998		402,882		23,594,772
Ending balance	$	13,427,659	$	3,172,293	$	6,778,829	$	402,882	$	23,781,663

	Year Ended December 31, 2023
			Real Estate
	Real Estate		Construction
	Mortgage		and Land		Commercial		Consumer		Total
	(In thousands)
Allowance for Loan and Lease Losses:
Balance, beginning of year	$	87,309	$	52,320	$	52,849	$	8,254	$	200,732
Initial ALLL on acquired PCD loans	21,968		328		3,193		134		25,623
Charge-offs	(47,370)		—		(13,661)		(2,397)		(63,428)
Recoveries	885		—		4,125		250		5,260
Net charge-offs	(46,485)		—		(9,536)		(2,147)		(58,168)
Provision	124,035		(18,818)		(1,350)		9,633		113,500
Balance, end of year	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Ending Allowance by
Evaluation Methodology:
Individually evaluated	$	—	$	—	$	—	$	—	$	—
Collectively evaluated	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Ending Loans and Leases by
Evaluation Methodology:
Individually evaluated	$	47,007	$	—	$	12,373	$	—	$	59,380
Collectively evaluated	16,064,978		3,159,269		5,752,934		453,126		25,430,307
Ending balance	$	16,111,985	$	3,159,269	$	5,765,307	$	453,126	$	25,489,687

The following tables present a summary of the activity in the allowance for loan and lease losses and reserve for unfunded loan commitments for the years indicated:

	Year Ended December 31, 2024
	Allowance for		Reserve for		Total
	Loan and		Unfunded Loan		Allowance for
	Lease Losses		Commitments		Credit Losses
	(In thousands)
Balance, beginning of year	$	281,687	$	29,571	$	311,258
Charge-offs	(94,943)		—		(94,943)
Recoveries	9,116		—		9,116
Net charge-offs	(85,827)		—		(85,827)
Provision	43,500		(500)		43,000
Balance, end of year	$	239,360	$	29,071	$	268,431

	Year Ended December 31, 2023
	Allowance for		Reserve for		Total
	Loan and		Unfunded Loan		Allowance for
	Lease Losses		Commitments		Credit Losses
	(In thousands)
Balance, beginning of year	$	200,732	$	91,071	$	291,803
Initial allowance on acquired PCD loans	25,623		—		25,623
Charge-offs	(63,428)		—		(63,428)
Recoveries	5,260		—		5,260
Net charge-offs	(58,168)		—		(58,168)
Provision	113,500		(61,500)		52,000
Balance, end of year	$	281,687	$	29,571	$	311,258

Loans and Leases

NOTE 5.  LOANS AND LEASES

Our loans are carried at the principal amount outstanding, net of deferred fees and costs, and in the case of acquired and purchased loans, net of purchase discounts and premiums. Deferred fees and costs and purchase discounts and premiums on acquired loans are recognized as an adjustment to interest income over the contractual life of the loans primarily using the effective interest method or taken into income when the related loans are paid off or included in the carrying amount of loans that are sold.

Loans and Leases Held for Investment

The following table summarizes the composition of our loans and leases held for investment as of the dates indicated:

	December 31,
	2024		2023
	(In thousands)
Real estate mortgage	$	13,605,595	$	16,378,537
Real estate construction and land (1)	3,187,146		3,183,357
Commercial	6,788,923		5,780,346
Consumer	402,254		454,474
Total gross loans and leases held for investment	23,983,918		25,796,714
Unearned discounts, net (2)	(175,713)		(261,984)
Deferred fees, net	(26,542)		(45,043)
Total loans and leases held for investment	23,781,663		25,489,687
Allowance for loan and lease losses	(239,360)		(281,687)
Total loans and leases held for investment, net (3)	$	23,542,303	$	25,208,000

____________________

(1)    Includes land and acquisition and development loans of $223.9 million and $228.9 million at December 31, 2024 and 2023.

(2)    Represents net acquisition discounts of $235.2 million and net purchase premiums of $59.5 million at December 31, 2024, and net acquisition discounts of $334.2 million and purchase premiums of $72.2 million at December 31, 2023.

(3)    Excludes accrued interest receivable of $96.8 million and $111.3 million at December 31, 2024 and 2023, which is recorded in "Other assets" on the consolidated balance sheets.

The following tables present an aging analysis of our loans and leases held for investment by loan portfolio segment and class as of the dates indicated:

	December 31, 2024
	30 - 89		90 or More
	Days		Days		Total
	Past Due		Past Due		Past Due		Current		Total
	(In thousands)
Real estate mortgage:
Commercial	$	27,700	$	22,561	$	50,261	$	4,528,511	$	4,578,772
Multi-family	10,346		21,860		32,206		6,009,507		6,041,713
Other residential	39,873		36,976		76,849		2,730,325		2,807,174
Total real estate mortgage	77,919		81,397		159,316		13,268,343		13,427,659
Real estate construction and land:
Commercial	—		—		—		799,131		799,131
Residential	—		—		—		2,373,162		2,373,162
Total real estate construction and land	—		—		—		3,172,293		3,172,293
Commercial:
Asset-based	1,795		—		1,795		2,086,174		2,087,969
Venture capital	5,534		—		5,534		1,532,242		1,537,776
Other commercial	3,295		6,956		10,251		3,142,833		3,153,084
Total commercial	10,624		6,956		17,580		6,761,249		6,778,829
Consumer	2,804		493		3,297		399,585		402,882
Total	$	91,347	$	88,846	$	180,193	$	23,601,470	$	23,781,663

	December 31, 2023
	30 - 89		90 or More
	Days		Days		Total
	Past Due		Past Due		Past Due		Current		Total
	(In thousands)
Real estate mortgage:
Commercial	$	12,618	$	15,168	$	27,786	$	4,998,711	$	5,026,497
Multi-family	2,302		1,020		3,322		6,021,857		6,025,179
Other residential	93,042		4,341		97,383		4,962,926		5,060,309
Total real estate mortgage	107,962		20,529		128,491		15,983,494		16,111,985
Real estate construction and land:
Commercial	—		—		—		759,585		759,585
Residential	—		—		—		2,399,684		2,399,684
Total real estate construction and land	—		—		—		3,159,269		3,159,269
Commercial:
Asset-based	608		2,689		3,297		2,185,788		2,189,085
Venture capital	—		—		—		1,446,362		1,446,362
Other commercial	1,276		6,993		8,269		2,121,591		2,129,860
Total commercial	1,884		9,682		11,566		5,753,741		5,765,307
Consumer	3,461		670		4,131		448,995		453,126
Total	$	113,307	$	30,881	$	144,188	$	25,345,499	$	25,489,687

The following table presents our nonaccrual and performing loans and leases held for investment by loan portfolio segment and class as of the dates indicated:  

	December 31,
	2024						2023
	Nonaccrual		Performing		Total		Nonaccrual		Performing		Total
	(In thousands)
Real estate mortgage:
Commercial	$	97,655	$	4,481,117	$	4,578,772	$	15,669	$	5,010,828	$	5,026,497
Multi-family	22,763		6,018,950		6,041,713		1,020		6,024,159		6,025,179
Other residential	46,788		2,760,386		2,807,174		31,041		5,029,268		5,060,309
Total real estate mortgage	167,206		13,260,453		13,427,659		47,730		16,064,255		16,111,985
Real estate construction and land:
Commercial	—		799,131		799,131		—		759,585		759,585
Residential	—		2,373,162		2,373,162		—		2,399,684		2,399,684
Total real estate construction and land	—		3,172,293		3,172,293		—		3,159,269		3,159,269
Commercial:
Asset-based	1,940		2,086,029		2,087,969		2,689		2,186,396		2,189,085
Venture capital	6,291		1,531,485		1,537,776		325		1,446,037		1,446,362
Other commercial	13,544		3,139,540		3,153,084		10,972		2,118,888		2,129,860
Total commercial	21,775		6,757,054		6,778,829		13,986		5,751,321		5,765,307
Consumer	624		402,258		402,882		811		452,315		453,126
Total	$	189,605	$	23,592,058	$	23,781,663	$	62,527	$	25,427,160	$	25,489,687

At December 31, 2024, there were no loans 90 or more days past due and still accruing. At December 31, 2023, there was one loan for $11.8 million that was 90 or more days past due and still accruing.

The amount of interest income that would have been recorded on nonaccrual loans and leases at December 31, 2024 and 2023 had such loans and leases been current in accordance with their original terms was $7.8 million and $5.8 million for 2024 and 2023.

At December 31, 2024, nonaccrual loans and leases included $88.8 million of loans and leases 90 or more days past due, $40.6 million of loans 30 to 89 days past due and $60.2 million of current loans that were placed on nonaccrual status based on management’s judgment regarding their collectability. At December 31, 2023, nonaccrual loans and leases included $19.1 million of loans and leases 90 or more days past due, $11.4 million of loans 30 to 89 days past due and $32.0 million of current loans that were placed on nonaccrual status based on management’s judgment regarding their collectability.

As of December 31, 2024, our three largest loan relationships on nonaccrual status had an aggregate carrying value of $62.3 million and represented 33% of total nonaccrual loans and leases.

The following tables present the credit risk rating categories for loans and leases held for investment by loan portfolio segment and class as of the dates indicated. Classified loans and leases are those with a credit risk rating of either substandard or doubtful.

	December 31, 2024
	Classified		Special Mention		Pass		Total
	(In thousands)
Real estate mortgage:
Commercial	$	301,278	$	348,014	$	3,929,480	$	4,578,772
Multi-family	113,164		202,690		5,725,859		6,041,713
Other residential	47,993		14,351		2,744,830		2,807,174
Total real estate mortgage	462,435		565,055		12,400,169		13,427,659
Real estate construction and land:
Commercial	—		148,024		651,107		799,131
Residential	—		203,220		2,169,942		2,373,162
Total real estate construction and land	—		351,244		2,821,049		3,172,293
Commercial:
Asset-based	5,003		9,547		2,073,419		2,087,969
Venture capital	75,406		125,320		1,337,050		1,537,776
Other commercial	19,949		38,741		3,094,394		3,153,084
Total commercial	100,358		173,608		6,504,863		6,778,829
Consumer	709		7,408		394,765		402,882
Total	$	563,502	$	1,097,315	$	22,120,846	$	23,781,663

	December 31, 2023
	Classified		Special Mention		Pass		Total
	(In thousands)
Real estate mortgage:
Commercial	$	75,739	$	219,687	$	4,731,071	$	5,026,497
Multi-family	74,954		108,356		5,841,869		6,025,179
Other residential	38,155		54,197		4,967,957		5,060,309
Total real estate mortgage	188,848		382,240		15,540,897		16,111,985
Real estate construction and land:
Commercial	—		—		759,585		759,585
Residential	—		2,757		2,396,927		2,399,684
Total real estate construction and land	—		2,757		3,156,512		3,159,269
Commercial:
Asset-based	4,561		12,506		2,172,018		2,189,085
Venture capital	7,805		98,633		1,339,924		1,446,362
Other commercial	26,044		9,984		2,093,832		2,129,860
Total commercial	38,410		121,123		5,605,774		5,765,307
Consumer	1,159		7,192		444,775		453,126
Total	$	228,417	$	513,312	$	24,747,958	$	25,489,687

The following table presents our nonaccrual loans and leases by loan portfolio segment and class and by with and without an allowance recorded as of the date indicated and interest income recognized on nonaccrual loans and leases for the year indicated:

	At and For the Year Ended
	December 31, 2024				December 31, 2023
	Nonaccrual		Interest		Nonaccrual		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(In thousands)
With An Allowance Recorded:
Real estate mortgage:
Commercial	$	9,864	$	—	$	385	$	—
Multi-family	—		—		—		—
Other residential	223		—		514		—
Real estate construction and land:
Commercial	—		—		—		—
Residential	—		—		—		—
Commercial:
Asset based	—		—		—		—
Venture capital	757		—		—		—
Other commercial	8,885		—		1,613		—
Consumer	624		—		811		—
With No Related Allowance Recorded:
Real estate mortgage:
Commercial	$	87,791	$	13	$	15,284	$	31
Multi-family	22,763		—		1,020		—
Other residential	46,565		—		30,527		—
Real estate construction and land:
Commercial	—		—		—		—
Residential	—		—		—		—
Commercial:
Asset based	1,940		—		2,689		—
Venture capital	5,534		—		325		—
Other commercial	4,659		—		9,359		10
Consumer	—		—		—		—
Total Loans and Leases With and
Without an Allowance Recorded:
Real estate mortgage	$	167,206	$	13	$	47,730	$	31
Real estate construction and land	—		—		—		—
Commercial	21,775		—		13,986		10
Consumer	624		—		811		—
Total	$	189,605	$	13	$	62,527	$	41

The following tables present our loans held for investment by loan portfolio segment and class, by credit quality indicator (internal risk ratings), and by year of origination (vintage year) as of the date indicated:

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Mortgage:
Commercial
Internal risk rating:
1-2 High pass	$	1,694	$	—	$	26,166	$	22,821	$	8,089	$	78,588	$	1	$	—	$	137,359
3-4.5 Pass	232,808		132,389		800,877		682,806		450,822		1,407,314		56,481		28,624		3,792,121
5 Special mention	—		23,844		123,589		24,364		—		176,217		—		—		348,014
6-8 Classified	13,587		1,765		27,579		68,488		20,853		169,006		—		—		301,278
Total	$	248,089	$	157,998	$	978,211	$	798,479	$	479,764	$	1,831,125	$	56,482	$	28,624	$	4,578,772
Current YTD period:
Gross charge-offs	$	—	$	—	$	175	$	12,217	$	9,714	$	1,481	$	—	$	—	$	23,587
Real Estate Mortgage:
Multi-Family
Internal risk rating:
1-2 High pass	$	—	$	—	$	55,847	$	214,583	$	62,942	$	129,163	$	—	$	—	$	462,535
3-4.5 Pass	223,333		60,137		2,037,864		1,154,452		451,602		1,324,816		11,120		—		5,263,324
5 Special mention	—		—		112,963		35,065		—		40,262		—		14,400		202,690
6-8 Classified	—		—		40,018		33,877		4,751		34,518		—		—		113,164
Total	$	223,333	$	60,137	$	2,246,692	$	1,437,977	$	519,295	$	1,528,759	$	11,120	$	14,400	$	6,041,713
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Mortgage:
Other Residential
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	3,510	$	—	$	3,510
3-4.5 Pass	(562)		31,318		336,719		2,235,006		53,094		43,510		42,158		77		2,741,320
5 Special mention	—		310		8,121		5,644		—		276		—		—		14,351
6-8 Classified	—		3,571		25,616		17,189		—		1,448		169		—		47,993
Total	$	(562)	$	35,199	$	370,456	$	2,257,839	$	53,094	$	45,234	$	45,837	$	77	$	2,807,174
Current YTD period:
Gross charge-offs	$	—	$	3,445	$	29,099	$	6,394	$	350	$	67	$	175	$	—	$	39,530

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Construction
and Land: Commercial
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
3-4.5 Pass	29,674		47,183		404,732		115,729		45,576		8,213		—		—		651,107
5 Special mention	10,501		—		—		111,933		—		—		25,590		—		148,024
6-8 Classified	—		—		—		—		—		—		—		—		—
Total	$	40,175	$	47,183	$	404,732	$	227,662	$	45,576	$	8,213	$	25,590	$	—	$	799,131
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Construction
and Land: Residential
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
3-4.5 Pass	97,488		194,405		1,113,955		436,335		224,511		—		103,248		—		2,169,942
5 Special mention	—		—		143,136		60,084		—		—		—		—		203,220
6-8 Classified	—		—		—		—		—		—		—		—		—
Total	$	97,488	$	194,405	$	1,257,091	$	496,419	$	224,511	$	—	$	103,248	$	—	$	2,373,162
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial: Asset-Based
Internal risk rating:
1-2 High pass	$	39,542	$	37,081	$	163,918	$	222,942	$	15,730	$	251,167	$	195,994	$	—	$	926,374
3-4.5 Pass	100,098		88,514		180,433		68,372		9,653		34,331		618,036		47,608		1,147,045
5 Special mention	—		194		5,569		—		—		—		3,784		—		9,547
6-8 Classified	—		—		—		—		—		—		5,003		—		5,003
Total	$	139,640	$	125,789	$	349,920	$	291,314	$	25,383	$	285,498	$	822,817	$	47,608	$	2,087,969
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	92	$	—	$	—	$	—	$	92

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Commercial: Venture
Capital
Internal risk rating:
1-2 High pass	$	(92)	$	(100)	$	—	$	414	$	2,101	$	—	$	72,745	$	23,426	$	98,494
3-4.5 Pass	100,854		104,022		79,659		76,224		3,784		17,749		777,199		79,065		1,238,556
5 Special mention	1,396		56,973		(1)		29,973		—		—		36,979		—		125,320
6-8 Classified	14,895		—		12,821		20,182		—		—		27,508		—		75,406
Total	$	117,053	$	160,895	$	92,479	$	126,793	$	5,885	$	17,749	$	914,431	$	102,491	$	1,537,776
Current YTD period:
Gross charge-offs	$	—	$	2,272	$	—	$	14,000	$	—	$	2	$	140	$	—	$	16,414
Commercial: Other
Commercial
Internal risk rating:
1-2 High pass	$	685	$	241	$	20,873	$	3,360	$	10	$	(83)	$	73,596	$	—	$	98,682
3-4.5 Pass	66,097		98,878		117,846		199,252		39,244		160,030		2,252,507		61,858		2,995,712
5 Special mention	6,462		8,912		2,880		144		—		127		20,073		143		38,741
6-8 Classified	—		1,397		1,243		2,365		—		5,836		8,234		874		19,949
Total	$	73,244	$	109,428	$	142,842	$	205,121	$	39,254	$	165,910	$	2,354,410	$	62,875	$	3,153,084
Current YTD period:
Gross charge-offs	$	—	$	—	$	1,144	$	500	$	1,696	$	3,159	$	2,712	$	605	$	9,816
Consumer
Internal risk rating:
1-2 High pass	$	—	$	—	$	20	$	15	$	1	$	—	$	932	$	—	$	968
3-4.5 Pass	31,034		19,181		59,594		176,189		18,658		82,678		6,231		232		393,797
5 Special mention	—		—		1,327		4,179		142		1,760		—		—		7,408
6-8 Classified	—		—		32		283		34		350		—		10		709
Total	$	31,034	$	19,181	$	60,973	$	180,666	$	18,835	$	84,788	$	7,163	$	242	$	402,882
Current YTD period:
Gross charge-offs	$	—	$	198	$	790	$	2,733	$	352	$	1,427	$	4	$	—	$	5,504
Total Loans and Leases
Internal risk rating:
1-2 High pass	$	41,829	$	37,222	$	266,824	$	464,135	$	88,873	$	458,835	$	346,778	$	23,426	$	1,727,922
3-4.5 Pass	880,824		776,027		5,131,679		5,144,365		1,296,944		3,078,641		3,866,980		217,464		20,392,924
5 Special mention	18,359		90,233		397,584		271,386		142		218,642		86,426		14,543		1,097,315
6-8 Classified	28,482		6,733		107,309		142,384		25,638		211,158		40,914		884		563,502
Total	$	969,494	$	910,215	$	5,903,396	$	6,022,270	$	1,411,597	$	3,967,276	$	4,341,098	$	256,317	$	23,781,663
Current YTD period:
Gross charge-offs	$	—	$	5,915	$	31,208	$	35,844	$	12,204	$	6,136	$	3,031	$	605	$	94,943

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Mortgage:
Commercial
Internal risk rating:
1-3 High pass	$	—	$	16,976	$	17,432	$	16,832	$	17,337	$	69,205	$	1	$	—	$	137,783
4-6 Pass	182,236		933,294		814,564		510,952		298,985		1,765,454		76,866		10,937		4,593,288
7 Special mention	—		14,021		32,235		25,485		17,147		129,549		1,250		—		219,687
8-9 Classified	749		—		26,172		439		17,063		29,566		1,750		—		75,739
Total	$	182,985	$	964,291	$	890,403	$	553,708	$	350,532	$	1,993,774	$	79,867	$	10,937	$	5,026,497
Current YTD period:
Gross charge-offs	$	34	$	—	$	—	$	—	$	76	$	14,185	$	—	$	—	$	14,295
Real Estate Mortgage:
Multi-Family
Internal risk rating:
1-3 High pass	$	—	$	28,155	$	140,424	$	58,959	$	57,988	$	109,423	$	—	$	—	$	394,949
4-6 Pass	66,143		2,221,235		1,193,052		539,660		564,420		794,599		67,811		—		5,446,920
7 Special mention	—		2,610		17,784		12,201		39,808		35,953		—		—		108,356
8-9 Classified	—		—		17,283		8,576		26,543		22,552		—		—		74,954
Total	$	66,143	$	2,252,000	$	1,368,543	$	619,396	$	688,759	$	962,527	$	67,811	$	—	$	6,025,179
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Mortgage:
Other Residential
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	6,769	$	—	$	6,769
4-6 Pass	188,561		1,824,253		2,812,293		65,230		—		19,518		51,246		87		4,961,188
7 Special mention	—		46,263		7,568		—		—		—		366		—		54,197
8-9 Classified	3,847		18,263		12,908		1,223		—		1,764		65		85		38,155
Total	$	192,408	$	1,888,779	$	2,832,769	$	66,453	$	—	$	21,282	$	58,446	$	172	$	5,060,309
Current YTD period:
Gross charge-offs	$	3,402	$	23,544	$	5,385	$	740	$	—	$	4	$	—	$	—	$	33,075

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Construction
and Land: Commercial
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
4-6 Pass	23,916		388,165		214,303		68,833		16,781		27,175		20,412		—		759,585
7 Special mention	—		—		—		—		—		—		—		—		—
8-9 Classified	—		—		—		—		—		—		—		—		—
Total	$	23,916	$	388,165	$	214,303	$	68,833	$	16,781	$	27,175	$	20,412	$	—	$	759,585
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Construction
and Land: Residential
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
4-6 Pass	64,341		1,185,297		668,083		336,636		—		26,896		115,674		—		2,396,927
7 Special mention	—		—		2,757		—		—		—		—		—		2,757
8-9 Classified	—		—		—		—		—		—		—		—		—
Total	$	64,341	$	1,185,297	$	670,840	$	336,636	$	—	$	26,896	$	115,674	$	—	$	2,399,684
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial: Asset-Based
Internal risk rating:
1-3 High pass	$	32,485	$	237,936	$	223,088	$	39,380	$	119,364	$	254,638	$	89,667	$	—	$	996,558
4-6 Pass	122,064		238,206		132,449		17,823		7,447		25,945		630,073		1,453		1,175,460
7 Special mention	—		101		—		—		—		1		12,394		10		12,506
8-9 Classified	—		—		—		701		—		340		3,520		—		4,561
Total	$	154,549	$	476,243	$	355,537	$	57,904	$	126,811	$	280,924	$	735,654	$	1,463	$	2,189,085
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	60	$	—	$	—	$	—	$	150	$	210

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Commercial: Venture
Capital
Internal risk rating:
1-3 High pass	$	(84)	$	(7)	$	—	$	1,998	$	—	$	(3)	$	136,339	$	(140)	$	138,103
4-6 Pass	101,038		128,485		113,183		6,473		6,216		622		770,941		74,863		1,201,821
7 Special mention	17,481		10,984		31,928		—		19,986		—		13,260		4,994		98,633
8-9 Classified	—		—		7,808		—		—		—		(3)		—		7,805
Total	$	118,435	$	139,462	$	152,919	$	8,471	$	26,202	$	619	$	920,537	$	79,717	$	1,446,362
Current YTD period:
Gross charge-offs	$	—	$	2,245	$	2,759	$	—	$	—	$	—	$	9	$	—	$	5,013
Commercial: Other
Commercial
Internal risk rating:
1-3 High pass	$	815	$	4,350	$	5,216	$	130	$	29	$	2,148	$	66,827	$	—	$	79,515
4-6 Pass	98,643		201,215		285,249		50,582		39,951		158,810		1,176,946		2,921		2,014,317
7 Special mention	1,748		1,306		442		554		540		5,071		254		69		9,984
8-9 Classified	—		912		4,011		1,706		1,299		13,768		3,257		1,091		26,044
Total	$	101,206	$	207,783	$	294,918	$	52,972	$	41,819	$	179,797	$	1,247,284	$	4,081	$	2,129,860
Current YTD period:
Gross charge-offs	$	—	$	6,867	$	24	$	—	$	28	$	75	$	1,013	$	431	$	8,438
Consumer
Internal risk rating:
1-3 High pass	$	—	$	27	$	22	$	4	$	—	$	—	$	1,304	$	—	$	1,357
4-6 Pass	26,468		71,523		207,751		23,390		42,338		63,919		7,684		345		443,418
7 Special mention	—		1,286		4,224		371		1,100		181		30		—		7,192
8-9 Classified	—		281		42		135		198		486		1		16		1,159
Total	$	26,468	$	73,117	$	212,039	$	23,900	$	43,636	$	64,586	$	9,019	$	361	$	453,126
Current YTD period:
Gross charge-offs	$	—	$	432	$	540	$	76	$	255	$	1,081	$	1	$	12	$	2,397
Total Loans and Leases
Internal risk rating:
1-3 High pass	$	33,216	$	287,437	$	386,182	$	117,303	$	194,718	$	435,411	$	300,907	$	(140)	$	1,755,034
4-6 Pass	873,410		7,191,673		6,440,927		1,619,579		976,138		2,882,938		2,917,653		90,606		22,992,924
7 Special mention	19,229		76,571		96,938		38,611		78,581		170,755		27,554		5,073		513,312
8-9 Classified	4,596		19,456		68,224		12,780		45,103		68,476		8,590		1,192		228,417
Total	$	930,451	$	7,575,137	$	6,992,271	$	1,788,273	$	1,294,540	$	3,557,580	$	3,254,704	$	96,731	$	25,489,687
Current YTD period:
Gross charge-offs	$	3,436	$	33,088	$	8,708	$	876	$	359	$	15,345	$	1,023	$	593	$	63,428

______________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

On January 1, 2023, the Company adopted ASU 2022-02, "Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" ("ASU 2022-02"), which eliminated the accounting guidance for troubled debt restructurings while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. This guidance was applied on a prospective basis.

The following table presents our loan modifications made to borrowers experiencing financial difficulty by type of modification for the year indicated with balances as of the date indicated:

	Year Ended December 31, 2024
	Loan Modifications
	Balances (Amortized Cost Basis) at
	December 31, 2024
									Combination - Term				Combination - Term
									Extension and				Extension and
									Interest Rate				Payment				Total Loan
	Term Extension				Payment Delay				Reduction				Delay				Modifications
			% of				% of				% of				% of				% of
			Loan				Loan				Loan				Loan				Loan
			Portfolio				Portfolio				Portfolio				Portfolio				Portfolio
	Balance		Class		Balance		Class		Balance		Class		Balance		Class		Balance		Class
	(Dollars in thousands)
Real estate
mortgage:
Commercial	$	125,027	2.7	%	$	45,957	1.0	%	$	13,587	0.3	%	$	13,899	0.3	%	$	198,470	4.3	%
Other residential	4,218		0.2	%	—		—	%	—		—	%	—		—	%	4,218		0.2	%
Commercial:
Asset-based	1,940		0.1	%	—		—	%	—		—	%	—		—	%	1,940		0.1	%
Venture capital	5,722		0.4	%	758		—	%	—		—	%	12,064		0.8	%	18,544		1.2	%
Other
commercial	3,428		0.1	%	—		—	%	—		—	%	36		—	%	3,464		0.1	%
Consumer	9		—	%	—		—	%	—		—	%	—		—	%	9		—	%
Total	$	140,344			$	46,715			$	13,587			$	25,999			$	226,645

	Year Ended December 31, 2023
	Loan Modifications
	Balances (Amortized Cost Basis) at
	December 31, 2023
									Combination - Term
									Extension and				Combination - Term
									Interest Rate				Extension and				Total Loan
	Term Extension				Payment Delay				Reduction				Payment Delay				Modifications
			% of				% of				% of				% of				% of
			Loan				Loan				Loan				Loan				Loan
			Portfolio				Portfolio				Portfolio				Portfolio				Portfolio
	Balance		Class		Balance		Class		Balance		Class		Balance		Class		Balance		Class
	(Dollars in thousands)
Real estate
mortgage:
Other residential	$	9,068	0.2	%	$	—	—	%	$	—	—	%	$	—	—	%	$	9,068	0.2	%
Commercial:
Venture capital	—		—	%	—		—	%	—		—	%	324		—	%	324		—	%
Other
commercial	4,410		0.2	%	37		—	%	5		—	%	—		—	%	4,452		0.2	%
Consumer	14		—	%	—		—	%	2		—	%	—		—	%	16		—	%
Total	$	13,492			$	37			$	7			$	324			$	13,860

The following tables present the financial effect of our loan modifications made to borrowers experiencing financial difficulty by type of modification for the year indicated:

	Year Ended December 31, 2024
	Term Extension - Financial Effect
Real estate mortgage:
Commercial	Extended maturity by a weighted average 13 months.
Other residential	Extended maturity by a weighted average seven years.
Commercial:
Asset-based	Extended maturity by a weighted average seven months.
Venture capital	Extended maturity by a weighted average three years.
Other commercial	Extended maturity by a weighted average 13 months.
Consumer	Extended maturity by a weighted average 12 months.

	Year Ended December 31, 2024
	Payment Delay - Financial Effect
Real estate mortgage:
Commercial	Deferred partial payments by a weighted average 24 months.
Commercial:
Venture capital	Deferred partial payments for three months.

	Year Ended December 31, 2024
	Combination - Term Extension and Principal Forgiveness
Real estate mortgage:
Commercial	Extended maturity by a weighted average three years and granted principal forgiveness totaling $4 million.

	Year Ended December 31, 2024
	Combination - Term Extension and Payment Delay - Financial Effect
Real estate mortgage:
Commercial	Extended maturity by a weighted average five years and granted eight months of partial payment deferrals.
Commercial:
Venture capital	Extended maturity and granted payment deferrals for a weighted average of three months.
Other commercial	Extended maturity by a weighted average 10 years and granted four months of payment deferrals.

	Year Ended December 31, 2023
	Term Extension - Financial Effect
Real estate mortgage:
Other residential	Extended maturity by a weighted average seven months.
Commercial:
Other commercial	Extended maturity by a weighted average 19 months.
Consumer	Extended maturity by a weighted average 12 months.

	Year Ended December 31, 2023
	Payment Delay - Financial Effect
Commercial:
Other commercial	Provided 18 months of reduced payments to borrowers without extending the loan term.

	Year Ended December 31, 2023
	Combination - Term Extension and Interest Rate Reduction
Commercial:
Other commercial	Extended maturity by a weighted average 3 years and reduced weighted average contractual interest rate from 11.75% to 7.50%.
Consumer	Extended maturity by a weighted average 2 years and reduced weighted average contractual interest rate from 9.50% to 2.00%.

	Year Ended December 31, 2023
	Combination - Term Extension and Payment Delay
Commercial:
Venture capital	Extended maturity and granted payment deferrals for a weighted average of 18 months.

The following tables present the payment status of loans that were modified during the preceding 12-month period with related amortized cost balances as of the date indicated:

	Payment Status (Amortized Cost Basis) at
	December 31, 2024
			30-89 Days		90 or More Days
	Current		Past Due		Past Due		Total
	(In thousands)
Real estate mortgage:
Commercial	$	188,799	$	9,671	$	—	$	198,470
Other residential	679		—		3,539		4,218
Commercial:
Asset-based	1,940		—		—		1,940
Venture capital	18,544		—		—		18,544
Other commercial	3,464		—		—		3,464
Consumer	9		—		—		9
Total	$	213,435	$	9,671	$	3,539	$	226,645

	Payment Status (Amortized Cost Basis) at
	December 31, 2023
			30-89 Days		90 or More Days
	Current		Past Due		Past Due		Total
	(In thousands)
Real estate mortgage:
Commercial	$	1,750	$	—	$	—	$	1,750
Other residential	8,604		305		159		9,068
Commercial:
Venture capital	324		—		—		324
Other commercial	2,702		—		—		2,702
Consumer	16		—		—		16
Total	$	13,396	$	305	$	159	$	13,860

The following tables present information on loans that defaulted during the years indicated, which had been modified

during the preceding 12-month period, with related amortized cost balances as of the date indicated:

	Year Ended December 31, 2024
	Loan Modifications That Subsequently Defaulted
	Amortized Cost Basis at
	December 31, 2024
			Combination
	Term		Term Extension
	Extension		and Payment Delay		Total
	(In thousands)
Real estate mortgage:
Commercial	$	9,671	$	13,899	$	23,570
Other residential	3,539		—		3,539
Total	$	13,210	$	13,899	$	27,109

	Year Ended December 31, 2023
	Loan Modifications That
	Subsequently Defaulted
	Amortized Cost Basis at
	December 31, 2023
	Term
	Extension		Total
	(In thousands)
Real estate mortgage:
Other residential	$	735	$	735

Leases Receivable

We provide equipment financing to our customers primarily with operating and direct financing leases. For direct financing leases, lease receivables are recorded on the balance sheet, but the leased equipment is not, although we generally retain legal title to the leased equipment until the end of each lease. Direct financing leases are stated at the net amount of minimum lease payments receivable, plus any unguaranteed residual value, less the amount of unearned income and net acquisition discount at the reporting date. Direct lease origination costs are amortized using the effective interest method over the life of the leases. Direct financing leases are subject to our accounting for allowance for loan and lease losses. See Note 9. Leases for information regarding operating leases where we are the lessor.

The following table provides the components of leases receivable income for the period indicated:

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Component of leases receivable income:
Interest income on net investments in leases	$	18,714	$	16,671	$	10,813

The following table presents the components of leases receivable as of the date indicated:

	December 31,
	2024		2023
	(In thousands)
Net Investment in Direct Financing Leases:
Lease payments receivable	$	202,815	$	249,223
Unguaranteed residual assets	22,489		25,488
Deferred costs and other	1,955		2,715
Aggregate net investment in leases	$	227,259	$	277,426

The following table presents maturities of leases receivable as of the date indicated:

	December 31, 2024
	(In thousands)
Year Ending December 31,
2025	$	74,522
2026	57,810
2027	41,952
2028	27,079
2029	20,171
Thereafter	5,229
Total undiscounted cash flows	226,763
Less: Unearned income	(23,948)
Present value of lease payments	$	202,815

Allowance for Loan and Lease Losses

The following tables present a summary of the activity in the allowance for loan and lease losses on loans and leases held for investment by loan portfolio segment for the years indicated:

	Year Ended December 31, 2024
			Real Estate
	Real Estate		Construction
	Mortgage		and Land		Commercial		Consumer		Total
	(In thousands)
Allowance for Loan and Lease Losses:
Balance, beginning of year	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Charge-offs	(63,117)		—		(26,322)		(5,504)		(94,943)
Recoveries	2,766		—		5,711		639		9,116
Net charge-offs	(60,351)		—		(20,611)		(4,865)		(85,827)
Provision	19,278		(22,890)		43,288		3,824		43,500
Balance, end of year	$	145,754	$	10,940	$	67,833	$	14,833	$	239,360
Ending Allowance by
Evaluation Methodology:
Individually evaluated	$	1,702	$	—	$	3,706	$	—	$	5,408
Collectively evaluated	$	144,052	$	10,940	$	64,127	$	14,833	$	233,952
Ending Loans and Leases by
Evaluation Methodology:
Individually evaluated	$	167,060	$	—	$	19,831	$	—	$	186,891
Collectively evaluated	13,260,599		3,172,293		6,758,998		402,882		23,594,772
Ending balance	$	13,427,659	$	3,172,293	$	6,778,829	$	402,882	$	23,781,663

	Year Ended December 31, 2023
			Real Estate
	Real Estate		Construction
	Mortgage		and Land		Commercial		Consumer		Total
	(In thousands)
Allowance for Loan and Lease Losses:
Balance, beginning of year	$	87,309	$	52,320	$	52,849	$	8,254	$	200,732
Initial ALLL on acquired PCD loans	21,968		328		3,193		134		25,623
Charge-offs	(47,370)		—		(13,661)		(2,397)		(63,428)
Recoveries	885		—		4,125		250		5,260
Net charge-offs	(46,485)		—		(9,536)		(2,147)		(58,168)
Provision	124,035		(18,818)		(1,350)		9,633		113,500
Balance, end of year	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Ending Allowance by
Evaluation Methodology:
Individually evaluated	$	—	$	—	$	—	$	—	$	—
Collectively evaluated	$	186,827	$	33,830	$	45,156	$	15,874	$	281,687
Ending Loans and Leases by
Evaluation Methodology:
Individually evaluated	$	47,007	$	—	$	12,373	$	—	$	59,380
Collectively evaluated	16,064,978		3,159,269		5,752,934		453,126		25,430,307
Ending balance	$	16,111,985	$	3,159,269	$	5,765,307	$	453,126	$	25,489,687

The allowance for loan and lease losses decreased by $42.3 million in 2024 due primarily to $85.8 million of net charge-offs, offset partially by a provision for loan and lease losses of $43.5 million. For additional information regarding the calculation of the allowance for loan and lease losses using the CECL methodology, including discussion of forecasts used to estimate the allowance, please see Note 1(j). Nature of Operations and Summary of Significant Accounting Policies - Allowance for Credit Losses on Loans and Leases Held for Investment.

A loan is considered collateral-dependent, and is individually evaluated for reserve purposes, when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The following table summarizes collateral-dependent loans held for investment by collateral type as of the dates indicated:

	December 31,
	2024						2023
	Real		Business				Real		Business
	Property		Assets		Total		Property		Assets		Total
	(In thousands)
Real estate mortgage	$	167,060	$	—	$	167,060	$	47,952	$	—	$	47,952
Commercial	—		10,870		10,870		—		3,616		3,616
Total	$	167,060	$	10,870	$	177,930	$	47,952	$	3,616	$	51,568

Allowance for Credit Losses

The allowance for credit losses is the combination of the allowance for loan and lease losses and the reserve for unfunded loan commitments. The reserve for unfunded loan commitments is included within "Accrued interest payable and other liabilities" on the consolidated balance sheets.

The following tables present a summary of the activity in the allowance for loan and lease losses and reserve for unfunded loan commitments for the years indicated:

	Year Ended December 31, 2024
	Allowance for		Reserve for		Total
	Loan and		Unfunded Loan		Allowance for
	Lease Losses		Commitments		Credit Losses
	(In thousands)
Balance, beginning of year	$	281,687	$	29,571	$	311,258
Charge-offs	(94,943)		—		(94,943)
Recoveries	9,116		—		9,116
Net charge-offs	(85,827)		—		(85,827)
Provision	43,500		(500)		43,000
Balance, end of year	$	239,360	$	29,071	$	268,431

	Year Ended December 31, 2023
	Allowance for		Reserve for		Total
	Loan and		Unfunded Loan		Allowance for
	Lease Losses		Commitments		Credit Losses
	(In thousands)
Balance, beginning of year	$	200,732	$	91,071	$	291,803
Initial allowance on acquired PCD loans	25,623		—		25,623
Charge-offs	(63,428)		—		(63,428)
Recoveries	5,260		—		5,260
Net charge-offs	(58,168)		—		(58,168)
Provision	113,500		(61,500)		52,000
Balance, end of year	$	281,687	$	29,571	$	311,258

Collateral-Dependent and Individually Evaluated

A loan is considered collateral-dependent, and is individually evaluated for reserve purposes, when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The following table summarizes collateral-dependent loans held for investment by collateral type as of the dates indicated:

	December 31,
	2024						2023
	Real		Business				Real		Business
	Property		Assets		Total		Property		Assets		Total
	(In thousands)
Real estate mortgage	$	167,060	$	—	$	167,060	$	47,952	$	—	$	47,952
Commercial	—		10,870		10,870		—		3,616		3,616
Total	$	167,060	$	10,870	$	177,930	$	47,952	$	3,616	$	51,568

Financing Receivable, Modified Loans, Payment Status

The following tables present the payment status of loans that were modified during the preceding 12-month period with related amortized cost balances as of the date indicated:

	Payment Status (Amortized Cost Basis) at
	December 31, 2024
			30-89 Days		90 or More Days
	Current		Past Due		Past Due		Total
	(In thousands)
Real estate mortgage:
Commercial	$	188,799	$	9,671	$	—	$	198,470
Other residential	679		—		3,539		4,218
Commercial:
Asset-based	1,940		—		—		1,940
Venture capital	18,544		—		—		18,544
Other commercial	3,464		—		—		3,464
Consumer	9		—		—		9
Total	$	213,435	$	9,671	$	3,539	$	226,645

	Payment Status (Amortized Cost Basis) at
	December 31, 2023
			30-89 Days		90 or More Days
	Current		Past Due		Past Due		Total
	(In thousands)
Real estate mortgage:
Commercial	$	1,750	$	—	$	—	$	1,750
Other residential	8,604		305		159		9,068
Commercial:
Venture capital	324		—		—		324
Other commercial	2,702		—		—		2,702
Consumer	16		—		—		16
Total	$	13,396	$	305	$	159	$	13,860

Finance Receivable, Loans By Origination Year

The following tables present our loans held for investment by loan portfolio segment and class, by credit quality indicator (internal risk ratings), and by year of origination (vintage year) as of the date indicated:

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Mortgage:
Commercial
Internal risk rating:
1-2 High pass	$	1,694	$	—	$	26,166	$	22,821	$	8,089	$	78,588	$	1	$	—	$	137,359
3-4.5 Pass	232,808		132,389		800,877		682,806		450,822		1,407,314		56,481		28,624		3,792,121
5 Special mention	—		23,844		123,589		24,364		—		176,217		—		—		348,014
6-8 Classified	13,587		1,765		27,579		68,488		20,853		169,006		—		—		301,278
Total	$	248,089	$	157,998	$	978,211	$	798,479	$	479,764	$	1,831,125	$	56,482	$	28,624	$	4,578,772
Current YTD period:
Gross charge-offs	$	—	$	—	$	175	$	12,217	$	9,714	$	1,481	$	—	$	—	$	23,587
Real Estate Mortgage:
Multi-Family
Internal risk rating:
1-2 High pass	$	—	$	—	$	55,847	$	214,583	$	62,942	$	129,163	$	—	$	—	$	462,535
3-4.5 Pass	223,333		60,137		2,037,864		1,154,452		451,602		1,324,816		11,120		—		5,263,324
5 Special mention	—		—		112,963		35,065		—		40,262		—		14,400		202,690
6-8 Classified	—		—		40,018		33,877		4,751		34,518		—		—		113,164
Total	$	223,333	$	60,137	$	2,246,692	$	1,437,977	$	519,295	$	1,528,759	$	11,120	$	14,400	$	6,041,713
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Mortgage:
Other Residential
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	3,510	$	—	$	3,510
3-4.5 Pass	(562)		31,318		336,719		2,235,006		53,094		43,510		42,158		77		2,741,320
5 Special mention	—		310		8,121		5,644		—		276		—		—		14,351
6-8 Classified	—		3,571		25,616		17,189		—		1,448		169		—		47,993
Total	$	(562)	$	35,199	$	370,456	$	2,257,839	$	53,094	$	45,234	$	45,837	$	77	$	2,807,174
Current YTD period:
Gross charge-offs	$	—	$	3,445	$	29,099	$	6,394	$	350	$	67	$	175	$	—	$	39,530

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Construction
and Land: Commercial
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
3-4.5 Pass	29,674		47,183		404,732		115,729		45,576		8,213		—		—		651,107
5 Special mention	10,501		—		—		111,933		—		—		25,590		—		148,024
6-8 Classified	—		—		—		—		—		—		—		—		—
Total	$	40,175	$	47,183	$	404,732	$	227,662	$	45,576	$	8,213	$	25,590	$	—	$	799,131
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Construction
and Land: Residential
Internal risk rating:
1-2 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
3-4.5 Pass	97,488		194,405		1,113,955		436,335		224,511		—		103,248		—		2,169,942
5 Special mention	—		—		143,136		60,084		—		—		—		—		203,220
6-8 Classified	—		—		—		—		—		—		—		—		—
Total	$	97,488	$	194,405	$	1,257,091	$	496,419	$	224,511	$	—	$	103,248	$	—	$	2,373,162
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial: Asset-Based
Internal risk rating:
1-2 High pass	$	39,542	$	37,081	$	163,918	$	222,942	$	15,730	$	251,167	$	195,994	$	—	$	926,374
3-4.5 Pass	100,098		88,514		180,433		68,372		9,653		34,331		618,036		47,608		1,147,045
5 Special mention	—		194		5,569		—		—		—		3,784		—		9,547
6-8 Classified	—		—		—		—		—		—		5,003		—		5,003
Total	$	139,640	$	125,789	$	349,920	$	291,314	$	25,383	$	285,498	$	822,817	$	47,608	$	2,087,969
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	92	$	—	$	—	$	—	$	92

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2024	2024		2023		2022		2021		2020		Prior		Loans		Loans		Total
	(In thousands)
Commercial: Venture
Capital
Internal risk rating:
1-2 High pass	$	(92)	$	(100)	$	—	$	414	$	2,101	$	—	$	72,745	$	23,426	$	98,494
3-4.5 Pass	100,854		104,022		79,659		76,224		3,784		17,749		777,199		79,065		1,238,556
5 Special mention	1,396		56,973		(1)		29,973		—		—		36,979		—		125,320
6-8 Classified	14,895		—		12,821		20,182		—		—		27,508		—		75,406
Total	$	117,053	$	160,895	$	92,479	$	126,793	$	5,885	$	17,749	$	914,431	$	102,491	$	1,537,776
Current YTD period:
Gross charge-offs	$	—	$	2,272	$	—	$	14,000	$	—	$	2	$	140	$	—	$	16,414
Commercial: Other
Commercial
Internal risk rating:
1-2 High pass	$	685	$	241	$	20,873	$	3,360	$	10	$	(83)	$	73,596	$	—	$	98,682
3-4.5 Pass	66,097		98,878		117,846		199,252		39,244		160,030		2,252,507		61,858		2,995,712
5 Special mention	6,462		8,912		2,880		144		—		127		20,073		143		38,741
6-8 Classified	—		1,397		1,243		2,365		—		5,836		8,234		874		19,949
Total	$	73,244	$	109,428	$	142,842	$	205,121	$	39,254	$	165,910	$	2,354,410	$	62,875	$	3,153,084
Current YTD period:
Gross charge-offs	$	—	$	—	$	1,144	$	500	$	1,696	$	3,159	$	2,712	$	605	$	9,816
Consumer
Internal risk rating:
1-2 High pass	$	—	$	—	$	20	$	15	$	1	$	—	$	932	$	—	$	968
3-4.5 Pass	31,034		19,181		59,594		176,189		18,658		82,678		6,231		232		393,797
5 Special mention	—		—		1,327		4,179		142		1,760		—		—		7,408
6-8 Classified	—		—		32		283		34		350		—		10		709
Total	$	31,034	$	19,181	$	60,973	$	180,666	$	18,835	$	84,788	$	7,163	$	242	$	402,882
Current YTD period:
Gross charge-offs	$	—	$	198	$	790	$	2,733	$	352	$	1,427	$	4	$	—	$	5,504
Total Loans and Leases
Internal risk rating:
1-2 High pass	$	41,829	$	37,222	$	266,824	$	464,135	$	88,873	$	458,835	$	346,778	$	23,426	$	1,727,922
3-4.5 Pass	880,824		776,027		5,131,679		5,144,365		1,296,944		3,078,641		3,866,980		217,464		20,392,924
5 Special mention	18,359		90,233		397,584		271,386		142		218,642		86,426		14,543		1,097,315
6-8 Classified	28,482		6,733		107,309		142,384		25,638		211,158		40,914		884		563,502
Total	$	969,494	$	910,215	$	5,903,396	$	6,022,270	$	1,411,597	$	3,967,276	$	4,341,098	$	256,317	$	23,781,663
Current YTD period:
Gross charge-offs	$	—	$	5,915	$	31,208	$	35,844	$	12,204	$	6,136	$	3,031	$	605	$	94,943

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Mortgage:
Commercial
Internal risk rating:
1-3 High pass	$	—	$	16,976	$	17,432	$	16,832	$	17,337	$	69,205	$	1	$	—	$	137,783
4-6 Pass	182,236		933,294		814,564		510,952		298,985		1,765,454		76,866		10,937		4,593,288
7 Special mention	—		14,021		32,235		25,485		17,147		129,549		1,250		—		219,687
8-9 Classified	749		—		26,172		439		17,063		29,566		1,750		—		75,739
Total	$	182,985	$	964,291	$	890,403	$	553,708	$	350,532	$	1,993,774	$	79,867	$	10,937	$	5,026,497
Current YTD period:
Gross charge-offs	$	34	$	—	$	—	$	—	$	76	$	14,185	$	—	$	—	$	14,295
Real Estate Mortgage:
Multi-Family
Internal risk rating:
1-3 High pass	$	—	$	28,155	$	140,424	$	58,959	$	57,988	$	109,423	$	—	$	—	$	394,949
4-6 Pass	66,143		2,221,235		1,193,052		539,660		564,420		794,599		67,811		—		5,446,920
7 Special mention	—		2,610		17,784		12,201		39,808		35,953		—		—		108,356
8-9 Classified	—		—		17,283		8,576		26,543		22,552		—		—		74,954
Total	$	66,143	$	2,252,000	$	1,368,543	$	619,396	$	688,759	$	962,527	$	67,811	$	—	$	6,025,179
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Mortgage:
Other Residential
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	6,769	$	—	$	6,769
4-6 Pass	188,561		1,824,253		2,812,293		65,230		—		19,518		51,246		87		4,961,188
7 Special mention	—		46,263		7,568		—		—		—		366		—		54,197
8-9 Classified	3,847		18,263		12,908		1,223		—		1,764		65		85		38,155
Total	$	192,408	$	1,888,779	$	2,832,769	$	66,453	$	—	$	21,282	$	58,446	$	172	$	5,060,309
Current YTD period:
Gross charge-offs	$	3,402	$	23,544	$	5,385	$	740	$	—	$	4	$	—	$	—	$	33,075

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Real Estate Construction
and Land: Commercial
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
4-6 Pass	23,916		388,165		214,303		68,833		16,781		27,175		20,412		—		759,585
7 Special mention	—		—		—		—		—		—		—		—		—
8-9 Classified	—		—		—		—		—		—		—		—		—
Total	$	23,916	$	388,165	$	214,303	$	68,833	$	16,781	$	27,175	$	20,412	$	—	$	759,585
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Real Estate Construction
and Land: Residential
Internal risk rating:
1-3 High pass	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
4-6 Pass	64,341		1,185,297		668,083		336,636		—		26,896		115,674		—		2,396,927
7 Special mention	—		—		2,757		—		—		—		—		—		2,757
8-9 Classified	—		—		—		—		—		—		—		—		—
Total	$	64,341	$	1,185,297	$	670,840	$	336,636	$	—	$	26,896	$	115,674	$	—	$	2,399,684
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial: Asset-Based
Internal risk rating:
1-3 High pass	$	32,485	$	237,936	$	223,088	$	39,380	$	119,364	$	254,638	$	89,667	$	—	$	996,558
4-6 Pass	122,064		238,206		132,449		17,823		7,447		25,945		630,073		1,453		1,175,460
7 Special mention	—		101		—		—		—		1		12,394		10		12,506
8-9 Classified	—		—		—		701		—		340		3,520		—		4,561
Total	$	154,549	$	476,243	$	355,537	$	57,904	$	126,811	$	280,924	$	735,654	$	1,463	$	2,189,085
Current YTD period:
Gross charge-offs	$	—	$	—	$	—	$	60	$	—	$	—	$	—	$	150	$	210

____________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

															Revolving
															Converted
Amortized Cost Basis (1)	Term Loans by Origination Year												Revolving		to Term
December 31, 2023	2023		2022		2021		2020		2019		Prior		Loans		Loans		Total
	(In thousands)
Commercial: Venture
Capital
Internal risk rating:
1-3 High pass	$	(84)	$	(7)	$	—	$	1,998	$	—	$	(3)	$	136,339	$	(140)	$	138,103
4-6 Pass	101,038		128,485		113,183		6,473		6,216		622		770,941		74,863		1,201,821
7 Special mention	17,481		10,984		31,928		—		19,986		—		13,260		4,994		98,633
8-9 Classified	—		—		7,808		—		—		—		(3)		—		7,805
Total	$	118,435	$	139,462	$	152,919	$	8,471	$	26,202	$	619	$	920,537	$	79,717	$	1,446,362
Current YTD period:
Gross charge-offs	$	—	$	2,245	$	2,759	$	—	$	—	$	—	$	9	$	—	$	5,013
Commercial: Other
Commercial
Internal risk rating:
1-3 High pass	$	815	$	4,350	$	5,216	$	130	$	29	$	2,148	$	66,827	$	—	$	79,515
4-6 Pass	98,643		201,215		285,249		50,582		39,951		158,810		1,176,946		2,921		2,014,317
7 Special mention	1,748		1,306		442		554		540		5,071		254		69		9,984
8-9 Classified	—		912		4,011		1,706		1,299		13,768		3,257		1,091		26,044
Total	$	101,206	$	207,783	$	294,918	$	52,972	$	41,819	$	179,797	$	1,247,284	$	4,081	$	2,129,860
Current YTD period:
Gross charge-offs	$	—	$	6,867	$	24	$	—	$	28	$	75	$	1,013	$	431	$	8,438
Consumer
Internal risk rating:
1-3 High pass	$	—	$	27	$	22	$	4	$	—	$	—	$	1,304	$	—	$	1,357
4-6 Pass	26,468		71,523		207,751		23,390		42,338		63,919		7,684		345		443,418
7 Special mention	—		1,286		4,224		371		1,100		181		30		—		7,192
8-9 Classified	—		281		42		135		198		486		1		16		1,159
Total	$	26,468	$	73,117	$	212,039	$	23,900	$	43,636	$	64,586	$	9,019	$	361	$	453,126
Current YTD period:
Gross charge-offs	$	—	$	432	$	540	$	76	$	255	$	1,081	$	1	$	12	$	2,397
Total Loans and Leases
Internal risk rating:
1-3 High pass	$	33,216	$	287,437	$	386,182	$	117,303	$	194,718	$	435,411	$	300,907	$	(140)	$	1,755,034
4-6 Pass	873,410		7,191,673		6,440,927		1,619,579		976,138		2,882,938		2,917,653		90,606		22,992,924
7 Special mention	19,229		76,571		96,938		38,611		78,581		170,755		27,554		5,073		513,312
8-9 Classified	4,596		19,456		68,224		12,780		45,103		68,476		8,590		1,192		228,417
Total	$	930,451	$	7,575,137	$	6,992,271	$	1,788,273	$	1,294,540	$	3,557,580	$	3,254,704	$	96,731	$	25,489,687
Current YTD period:
Gross charge-offs	$	3,436	$	33,088	$	8,708	$	876	$	359	$	15,345	$	1,023	$	593	$	63,428

______________________

(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.