The analyses by loan segment of the changes in the allowance for loan losses (“ALL”) for the three and six month periods ended June 30, 2022 and 2021, and its allocation by impairment methodology and the related investment in loans, net as of June 30, 2022 and 2021 are summarized in the following tables:


	Three Months Ended June 30, 2022
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Balance at beginning of the period	$	12,362	$	33,419	$	41	$	10,229	$	56,051
Provision for (reversal of) loan losses	1,794		(564)		(41)		(1,189)		—
Loans charged-off
Domestic	—		(4,605)		—		(915)		(5,520)
International	—		—		—		—		—
Recoveries	10		1,396		—		90		1,496
Balance at end of the period	$	14,166	$	29,646	$	—	$	8,215	$	52,027


	Six Months Ended June 30, 2022
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Balance at beginning of the period	$	17,952	$	38,979	$	42	$	12,926	$	69,899
Reversal of loan losses	(3,800)		(3,149)		(42)		(3,009)		(10,000)
Loans charged-off
Domestic	—		(7,880)		—		(1,958)		(9,838)
International	—		—		—		(4)		(4)
Recoveries	14		1,696		—		260		1,970
Balance at end of the period	$	14,166	$	29,646	$	—	$	8,215	$	52,027



	June 30, 2022
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Allowance for loan losses by impairment methodology:
Individually evaluated	$	453	$	4,820	$	—	$	2,438	$	7,711
Collectively evaluated	13,713		24,826		—		5,777		44,316
	$	14,166	$	29,646	$	—	$	8,215	$	52,027
Investment in loans, net of unearned income:
Individually evaluated	$	1,251	$	21,043	$	—	$	5,394	$	27,688
Collectively evaluated	2,317,371		2,219,390		13,250		1,148,432		5,698,443
	$	2,318,622	$	2,240,433	$	13,250	$	1,153,826	$	5,726,131


	Three Months Ended June 30, 2021
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Balance at beginning of the period	$	48,291	$	49,202	$	1	$	13,446	$	110,940
(Reversal of) provision for loan losses	(9,713)		5,017		—		(304)		(5,000)
Loans charged-off
Domestic	—		(1,688)		—		(844)		(2,532)
International	—		—		—		—		—
Recoveries	70		517		—		190		777
Balance at end of the period	$	38,648	$	53,048	$	1	$	12,488	$	104,185


	Six Months Ended June 30, 2021
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Balances at beginning of the period	$	50,227	$	48,130	$	1	$	12,544	$	110,902
(Reversal of) provision for loan losses	(11,649)		5,719		—		930		(5,000)
Loans charged-off
Domestic	—		(1,923)		—		(1,275)		(3,198)
International	—		—		—		—		—
Recoveries	70		1,122		—		289		1,481
Balances at end of the period	$	38,648	$	53,048	$	1	$	12,488	$	104,185



	June 30, 2021
(in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and Others		Total
Allowance for loan losses by impairment methodology:
Individually evaluated	$	11,665	$	22,869	$	—	$	1,232	$	35,766
Collectively evaluated	26,983		30,179		1		11,256		68,419
	$	38,648	$	53,048	$	1	$	12,488	$	104,185
Investment in loans, net of unearned income:
Individually evaluated	$	58,342	$	58,076	$	—	$	7,627	$	124,045
Collectively evaluated	2,633,318		2,049,944		15,333		784,133		5,482,728
	$	2,691,660	$	2,108,020	$	15,333	$	791,760	$	5,606,773


Three Months Ended June 30, (in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and others		Total
2022	$	11,566	$	—	$	—	$	—	$	11,566
2021	$	—	$	102,247	$	—	$	2,351	$	104,598


Six Months Ended June 30, (in thousands)	Real Estate		Commercial		Financial Institutions		Consumer and others		Total
2022	$	11,566	$	—	$	—	$	1,313	$	12,879
2021	$	—	$	102,247	$	—	$	3,524	$	105,771


	June 30, 2022
	Recorded Investment
(in thousands)	With a Valuation Allowance		Without a Valuation Allowance		Total		Year Average (1)		Total Unpaid Principal Balance		Valuation Allowance
Real estate loans
Commercial real estate
Non-owner occupied	$	1,251	$	—	$	1,251	$	12,469	$	1,313	$	453
Multi-family residential	—		—		—		—		—		—
Land development and construction loans	—		—		—		—		—		—
	1,251		—		1,251		12,469		1,313		453
Single-family residential	1,330		1,666		2,996		4,734		2,970		251
Owner occupied	382		9,177		9,559		10,009		9,410		127
	2,963		10,843		13,806		27,212		13,693		831
Commercial loans	8,345		3,139		11,484		25,908		13,427		4,693
Consumer loans and overdrafts	2,398		—		2,398		868		2,398		2,187
	$	13,706	$	13,982	$	27,688	$	53,988	$	29,518	$	7,711


	December 31, 2021
	Recorded Investment
(in thousands)	With a Valuation Allowance		Without a Valuation Allowance		Total		Year Average (1)		Total Unpaid Principal Balance		Valuation Allowance
Real estate loans
Commercial real estate
Non-owner occupied	$	1,452	$	5,833	$	7,285	$	23,185	$	7,349	$	546
Multi-family residential	—		—		—		5,324		—		—
Land development and construction loans	—		—		—		—		—		—
	1,452		5,833		7,285		28,509		7,349		546
Single-family residential	3,689		1,689		5,378		7,619		5,316		618
Owner occupied	516		8,149		8,665		10,877		8,491		170
	5,657		15,671		21,328		47,005		21,156		1,334
Commercial loans	21,353		9,767		31,120		40,626		59,334		10,292
Consumer loans and overdrafts	256		—		256		268		256		165
	$	27,266	$	25,438	$	52,704	$	87,899	$	80,746	$	11,791


	As of June 30, 2022			As of December 31, 2021
(in thousands)	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
Real estate loans
Commercial real estate
Non-owner occupied	1	$	1,313	1	$	1,452



Single-family residential	1	267		1	258
Owner occupied	4	5,915		4	6,213
	6	7,495		6	7,923
Commercial loans	11	4,192		11	5,005

Total (1)(2)	17	$	11,687	17	$	12,928

(1)As of June 30, 2022 and December 31, 2021, includes a multiple loan relationship with a South Florida customer consisting of CRE, owner occupied and commercial loans totaling $8.3 million and $9.1 million, respectively. This TDR consisted of extending repayment terms and adjusting future periodic payments which resulted in no additional reserves. As of June 30, 2022 and December 31, 2021, this relationship included two residential loans totaling $1.4 million and one commercial loan of $0.7 million, which were not modified. During 2020, the company charged off $1.9 million against the ALL associated with this commercial loan relationship. The Company believes the specific reserves associated with these loans, which total $0.5 million and $0.8 million at June 30, 2022 and December 31, 2021, respectively, are adequate to cover probable losses given current facts and circumstances.

(2)There were no new TDRs in the three months ended June 30, 2022. In addition, during the three months ended June 30, 2022, there were no TDR loans that subsequently defaulted within the 12 months of restructuring.


	June 30, 2022
	Credit Risk Rating
	Nonclassified				Classified
(in thousands)	Pass		Special Mention		Substandard		Doubtful		Loss		Total
Real estate loans
Commercial real estate
Non-owner occupied	$	1,499,237	$	29,799	$	—	$	1,257	$	—	$	1,530,293
Multi-family residential	532,066		—		—		—		—		532,066
Land development and construction loans	288,581		—		—		—		—		288,581
	2,319,884		29,799		—		1,257		—		2,350,940
Single-family residential	724,701		—		3,011		—		—		727,712
Owner occupied	944,889		—		9,649		—		—		954,538
	3,989,474		29,799		12,660		1,257		—		4,033,190
Commercial loans	1,104,108		7,873		9,663		604		—		1,122,248
Loans to financial institutions and acceptances	13,250		—		—		—		—		13,250
Consumer loans and overdrafts	555,045		—		2,398		—		—		557,443
	$	5,661,877	$	37,672	$	24,721	$	1,861	$	—	$	5,726,131