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Loans And Allowance For Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Summary Classification Of Held For Investment Loan Portfolio
Major classifications within the Company’s held for investment loan portfolio at September 30, 2024 and December 31, 2023 are as follows:

(In thousands)
September 30, 2024December 31, 2023
Commercial:
Business$6,048,328 $6,019,036 
Real estate – construction and land1,381,607 1,446,764 
Real estate – business3,586,999 3,719,306 
Personal Banking:
Real estate – personal3,043,391 3,026,041 
Consumer2,108,281 2,077,723 
Revolving home equity342,376 319,894 
Consumer credit card574,746 589,913 
Overdrafts4,272 6,802 
Total loans$17,090,000 $17,205,479 
CECL Model Inputs
Key assumptions in the Company’s allowance for credit loss model include the economic forecast, the reasonable and supportable period, forecasted macro-economic variables, prepayment assumptions and qualitative factors applied for portfolio composition changes, underwriting practices, or significant unique events or conditions. The assumptions utilized in estimating the Company’s allowance for credit losses at September 30, 2024 and June 30, 2024 are discussed below.

Key AssumptionSeptember 30, 2024June 30, 2024
Overall economic forecast
•Economic growth expected to remain steady with only a slight rise in unemployment rate
•Inflation expected to move closer to the Federal Reserve's 2% target
•Expected the Federal Reserve will cut rates every other meeting in 2025
•Economic growth expected to slightly cool with no significant rise in layoffs or unemployment rate
•Inflation expected to moderate
•Expectations the Federal Reserve will start cutting rates in September 2024

Reasonable and supportable period and related reversion period
•Reasonable and supportable period of one year
•Reversion to historical average loss rates within two quarters using a straight-line method
•Reasonable and supportable period of one year
•Reversion to historical average loss rates within two quarters using a straight-line method
Forecasted macro-economic variables
•Unemployment rate is 4.3% during the supportable forecast period
•Real GDP growth ranges from 1.8% to 2.2%
•BBB corporate yield from 4.9% to 5.0%
•Housing Price Index from 320.5 to 328.1
•Unemployment rate ranges from 4.0% to 4.2% during the reasonable and supportable forecast period
•Real GDP growth ranges from 1.7% to 2.2%
•BBB corporate yield from 5.0% to 5.4%
•Housing Price Index from 321.2 to 327.1
Prepayment assumptions
Commercial loans
•Pools ranging from 0% to 5%
Personal banking loans
•Ranging from 7.9% to 22.9% for most loan pools
•Consumer credit cards 66.6%
Commercial loans
•Pools ranging from 0% to 5%
Personal banking loans
•Ranging from 7.7% to 22.7% for most loan pools
•Consumer credit cards 66.6%
Qualitative factors
Added qualitative factors related to:
•Changes in the composition of the loan portfolios
•Certain industries experiencing stress or emerging concerns within the portfolio
•Loans downgraded to special mention, substandard, or non-accrual status
•Certain portfolios where the model assumptions do not capture all identified loss risk
Added qualitative factors related to:
•Changes in the composition of the loan portfolios
•Certain industries experiencing stress or emerging concerns within the portfolio
•Certain portfolios sensitive to unusually high rate of inflation and supply chain issues
•Loans downgraded to special mention, substandard, or non-accrual status
•Certain portfolios where the model assumptions do not capture all identified loss risk
Summary Of Activity In The Allowance For Credit Losses
A summary of the activity in the allowance for credit losses on loans and the liability for unfunded lending commitments for the three and nine months ended September 30, 2024 and 2023, respectively, follows:

For the Three Months Ended September 30, 2024
For the Nine Months Ended September 30, 2024
(In thousands)CommercialPersonal Banking

Total
CommercialPersonal Banking

Total
ALLOWANCE FOR CREDIT LOSSES ON LOANS
Balance at beginning of period$107,217 $51,340 $158,557 $108,201 $54,194 $162,395 
Provision for credit losses on loans(63)11,924 11,861 (551)27,208 26,657 
Deductions:
   Loans charged off362 11,395 11,757 1,528 33,262 34,790 
   Less recoveries on loans255 1,923 2,178 925 5,652 6,577 
Net loan charge-offs (recoveries)107 9,472 9,579 603 27,610 28,213 
Balance September 30, 2024$107,047 $53,792 $160,839 $107,047 $53,792 $160,839 
LIABILITY FOR UNFUNDED LENDING COMMITMENTS
Balance at beginning of period$19,363 $1,342 $20,705 $23,909 $1,337 $25,246 
Provision for credit losses on unfunded lending commitments(2,715)(6)(2,721)(7,261)(1)(7,262)
Balance September 30, 2024$16,648 $1,336 $17,984 $16,648 $1,336 $17,984 
ALLOWANCE FOR CREDIT LOSSES ON LOANS AND LIABILITY FOR UNFUNDED LENDING COMMITMENTS$123,695 $55,128 $178,823 $123,695 $55,128 $178,823 

For the Three Months Ended September 30, 2023
For the Nine Months Ended September 30, 2023
(In thousands)CommercialPersonal Banking

Total
CommercialPersonal Banking

Total
ALLOWANCE FOR CREDIT LOSSES ON LOANS
Balance at beginning of period$108,024 $50,661 $158,685 $103,293 $46,843 $150,136 
Provision for credit losses on loans5,201 8,142 13,343 10,203 24,952 35,155 
Deductions:
   Loans charged off2,664 9,262 11,926 3,263 26,549 29,812 
   Less recoveries on loans66 2,076 2,142 394 6,371 6,765 
Net loan charge-offs (recoveries)2,598 7,186 9,784 2,869 20,178 23,047 
Balance September 30, 2023$110,627 $51,617 $162,244 $110,627 $51,617 $162,244 
LIABILITY FOR UNFUNDED LENDING COMMITMENTS
Balance at beginning of period$27,842 $1,393 $29,235 $31,743 $1,377 $33,120 
Provision for credit losses on unfunded lending commitments(1,724)26 (1,698)(5,625)42 (5,583)
Balance September 30, 2023$26,118 $1,419 $27,537 $26,118 $1,419 $27,537 
ALLOWANCE FOR CREDIT LOSSES ON LOANS AND LIABILITY FOR UNFUNDED LENDING COMMITMENTS$136,745 $53,036 $189,781 $136,745 $53,036 $189,781 
Aging Information On Past Due And Nonaccrual Loans The following table provides aging information on the Company’s past due and accruing loans, in addition to the balances of loans on non-accrual status, at September 30, 2024 and December 31, 2023.



(In thousands)
Current or Less Than 30 Days Past Due

30 – 89
Days Past Due
90 Days Past Due and Still AccruingNon-accrual



Total
September 30, 2024
Commercial:
Business$6,041,090 $6,388 $496 $354 $6,048,328 
Real estate – construction and land1,381,108 499 — — 1,381,607 
Real estate – business3,563,683 8,372 — 14,944 3,586,999 
Personal Banking:
Real estate – personal 3,016,598 17,048 8,601 1,144 3,043,391 
Consumer2,076,058 28,424 3,799 — 2,108,281 
Revolving home equity337,653 1,711 1,035 1,977 342,376 
Consumer credit card559,056 7,635 8,055 — 574,746 
Overdrafts4,030 242 — — 4,272 
Total $16,979,276 $70,319 $21,986 $18,419 $17,090,000 
December 31, 2023
Commercial:
Business$5,985,713 $29,087 $614 $3,622 $6,019,036 
Real estate – construction and land1,446,764 — — — 1,446,764 
Real estate – business3,714,579 4,582 85 60 3,719,306 
Personal Banking:
Real estate – personal 2,999,988 14,841 9,559 1,653 3,026,041 
Consumer2,036,353 38,217 3,153 — 2,077,723 
Revolving home equity315,483 1,564 870 1,977 319,894 
Consumer credit card574,805 7,525 7,583 — 589,913 
Overdrafts6,553 249 — — 6,802 
Total $17,080,238 $96,065 $21,864 $7,312 $17,205,479 
Risk Category of Loans in Commercial Portfolio
The risk category of loans in the Commercial portfolio as of September 30, 2024 and December 31, 2023 are as follows:

Term Loans Amortized Cost Basis by Origination Year
(In thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
September 30, 2024
Business
    Risk Rating:
       Pass$978,443 $1,039,903 $689,744 $436,950 $184,997 $390,233 $2,081,711 $5,801,981 
       Special mention17,777 10,098 9,521 21,123 156 2,187 65,461 126,323 
       Substandard2,922 15,055 11,514 2,563 6,100 8,974 72,542 119,670 
       Non-accrual1 80 1 — — 272 — 354 
   Total Business:$999,143 $1,065,136 $710,780 $460,636 $191,253 $401,666 $2,219,714 $6,048,328 
Gross write-offs for the nine months ended September 30, 2024
$200 $245 $40 $— $— $17 $1,026 $1,528 
Real estate-construction
    Risk Rating:
       Pass$261,113 $440,772 $546,057 $92,990 $3,240 $2,821 $29,463 $1,376,456 
       Substandard2,414 2,737 — — — — — 5,151 
    Total Real estate-construction:$263,527 $443,509 $546,057 $92,990 $3,240 $2,821 $29,463 $1,381,607 
Gross write-offs for the nine months ended September 30, 2024
$— $— $— $— $— $— $— $— 
Real estate-business
    Risk Rating:
       Pass$504,562 $676,908 $811,977 $460,716 $378,939 $398,500 $94,064 $3,325,666 
       Special mention681 15,500 18,047 14,351 2,217 1,522 — 52,318 
       Substandard1,294 24,735 32,143 16,342 4,041 115,414 102 194,071 
       Non-accrual— — — — 14,872 72 — 14,944 
   Total Real estate-business:$506,537 $717,143 $862,167 $491,409 $400,069 $515,508 $94,166 $3,586,999 
Gross write-offs for the nine months ended September 30, 2024
$— $— $— $— $— $— $— $— 
Commercial loans
    Risk Rating:
       Pass$1,744,118 $2,157,583 $2,047,778 $990,656 $567,176 $791,554 $2,205,238 $10,504,103 
       Special mention18,458 25,598 27,568 35,474 2,373 3,709 65,461 178,641 
       Substandard6,630 42,527 43,657 18,905 10,141 124,388 72,644 318,892 
       Non-accrual1 80 1 — 14,872 344 — 15,298 
   Total Commercial loans:$1,769,207 $2,225,788 $2,119,004 $1,045,035 $594,562 $919,995 $2,343,343 $11,016,934 
Gross write-offs for the nine months ended September 30, 2024
$200 $245 $40 $— $— $17 $1,026 $1,528 
Term Loans Amortized Cost Basis by Origination Year
(In thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2023
Business
    Risk Rating:
       Pass$1,609,685 $839,511 $555,991 $273,138 $215,988 $257,177 $2,096,108 $5,847,598 
       Special mention19,639 3,412 19,489 643 412 2,485 43,054 89,134 
       Substandard5,256 8,666 6,891 20,854 1,422 10,235 25,358 78,682 
       Non-accrual— 130 1,184 — — 2,308 — 3,622 
   Total Business:$1,634,580 $851,719 $583,555 $294,635 $217,822 $272,205 $2,164,520 $6,019,036 
Gross write-offs for the year ended December 31, 2023$— $2,260 $57 $41 $— $— $1,393 $3,751 
Real estate-construction
    Risk Rating:
       Pass$476,489 $579,933 $295,841 $41,418 $498 $2,834 $31,670 $1,428,683 
       Special mention3,068 15,013 — — — — — 18,081 
    Total Real estate-construction:$479,557 $594,946 $295,841 $41,418 $498 $2,834 $31,670 $1,446,764 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $— $— 
Real estate- business
    Risk Rating:
       Pass$807,631 $1,063,189 $510,397 $433,030 $311,457 $325,738 $94,432 $3,545,874 
       Special mention16,650 8,619 451 884 9,253 733 — 36,590 
       Substandard2,952 18,463 27,914 17,430 11,636 58,387 — 136,782 
       Non-accrual— — — — — 60 — 60 
   Total Real-estate business:$827,233 $1,090,271 $538,762 $451,344 $332,346 $384,918 $94,432 $3,719,306 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $134 $— $134 
Commercial loans
    Risk Rating:
       Pass$2,893,805 $2,482,633 $1,362,229 $747,586 $527,943 $585,749 $2,222,210 $10,822,155 
       Special mention39,357 27,044 19,940 1,527 9,665 3,218 43,054 143,805 
       Substandard8,208 27,129 34,805 38,284 13,058 68,622 25,358 215,464 
       Non-accrual— 130 1,184 — — 2,368 — 3,682 
   Total Commercial loans:$2,941,370 $2,536,936 $1,418,158 $787,397 $550,666 $659,957 $2,290,622 $11,185,106 
Gross write-offs for the year ended December 31, 2023$— $2,260 $57 $41 $— $134 $1,393 $3,885 
Risk Category of Loans in Personal Banking Portfolio
The credit quality of Personal Banking loans is monitored primarily on the basis of aging/delinquency, and this information is provided as of September 30, 2024 and December 31, 2023 below.

Term Loans Amortized Cost Basis by Origination Year
(In thousands)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
September 30, 2024
Real estate-personal
       Current to 90 days past due$289,567 $400,647 $417,239 $493,672 $658,047 $763,703 $10,771 $3,033,646 
       Over 90 days past due73 1,343 1,545 1,883 1,795 1,962 — 8,601 
       Non-accrual— — 85 113 — 946 — 1,144 
   Total Real estate-personal:$289,640 $401,990 $418,869 $495,668 $659,842 $766,611 $10,771 $3,043,391 
Gross write-offs for the nine months ended September 30, 2024
$— $82 $96 $83 $— $22 $— $283 
Consumer
       Current to 90 days past due$331,707 $408,155 $255,740 $184,678 $84,094 $67,457 $772,651 $2,104,482 
       Over 90 days past due585 383 513 161 116 285 1,756 3,799 
    Total Consumer:$332,292 $408,538 $256,253 $184,839 $84,210 $67,742 $774,407 $2,108,281 
Gross write-offs for the nine months ended September 30, 2024
$482 $2,173 $2,089 $1,017 $408 $214 $1,722 $8,105 
Revolving home equity
       Current to 90 days past due$— $— $— $— $— $— $339,364 $339,364 
       Over 90 days past due— — — — — — 1,035 1,035 
       Non-accrual— — — — — — 1,977 $1,977 
   Total Revolving home equity:$— $— $— $— $— $— $342,376 $342,376 
Gross write-offs for the nine months ended September 30, 2024
$— $— $— $— $— $— $— $— 
Consumer credit card
       Current to 90 days past due$— $— $— $— $— $— $566,691 $566,691 
       Over 90 days past due— — — — — — 8,055 8,055 
   Total Consumer credit card:$— $— $— $— $— $— $574,746 $574,746 
Gross write-offs for the nine months ended September 30, 2024
$— $— $— $— $— $— $22,790 $22,790 
Overdrafts
       Current to 90 days past due$4,272 $— $— $— $— $— $— $4,272 
    Total Overdrafts:$4,272 $— $— $— $— $— $— $4,272 
Gross write-offs for the nine months ended September 30, 2024
$2,084 $— $— $— $— $— $— $2,084 
Personal banking loans
       Current to 90 days past due$625,546 $808,802 $672,979 $678,350 $742,141 $831,160 $1,689,477 $6,048,455 
       Over 90 days past due658 1,726 2,058 2,044 1,911 2,247 10,846 21,490 
       Non-accrual— — 85 113 — 946 1,977 3,121 
   Total Personal banking loans:$626,204 $810,528 $675,122 $680,507 $744,052 $834,353 $1,702,300 $6,073,066 
Gross write-offs for the nine months ended September 30, 2024
$2,566 $2,255 $2,185 $1,100 $408 $236 $24,512 $33,262 
Term Loans Amortized Cost Basis by Origination Year
(In thousands)20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2023
Real estate-personal
       Current to 90 days past due$455,703 $452,153 $533,313 $711,442 $257,159 $596,439 $8,620 $3,014,829 
       Over 90 days past due3,319 1,650 2,222 834 44 1,490 — 9,559 
       Non-accrual— 261 167 — 157 1,068 — 1,653 
   Total Real estate-personal:$459,022 $454,064 $535,702 $712,276 $257,360 $598,997 $8,620 $3,026,041 
Gross write-offs for the year ended December 31, 2023$— $18 $— $— $— $23 $— $41 
Consumer
       Current to 90 days past due$518,619 $340,104 $258,348 $127,208 $56,394 $51,302 $722,595 $2,074,570 
       Over 90 days past due391 210 194 24 54 421 1,859 3,153 
    Total Consumer:$519,010 $340,314 $258,542 $127,232 $56,448 $51,723 $724,454 $2,077,723 
Gross write-offs for the year ended December 31, 2023$926 $2,891 $1,939 $770 $376 $370 $1,051 $8,323 
Revolving home equity
       Current to 90 days past due$— $— $— $— $— $— $317,047 $317,047 
       Over 90 days past due— — — — — — 870 870 
       Non-accrual— — — — — — 1,977 $1,977 
   Total Revolving home equity:$— $— $— $— $— $— $319,894 $319,894 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $11 $11 
Consumer credit card
       Current to 90 days past due$— $— $— $— $— $— $582,330 $582,330 
       Over 90 days past due— — — — — — 7,583 7,583 
   Total Consumer credit card:$— $— $— $— $— $— $589,913 $589,913 
Gross write-offs for the year ended December 31, 2023$— $— $— $— $— $— $24,105 $24,105 
Overdrafts
       Current to 90 days past due$6,802 $— $— $— $— $— $— $6,802 
    Total Overdrafts:$6,802 $— $— $— $— $— $— $6,802 
Gross write-offs for the year ended December 31, 2023$3,803 $— $— $— $— $— $— $3,803 
Personal banking loans
       Current to 90 days past due$981,124 $792,257 $791,661 $838,650 $313,553 $647,741 $1,630,592 $5,995,578 
       Over 90 days past due3,710 1,860 2,416 858 98 1,911 10,312 21,165 
       Non-accrual— 261 167 — 157 1,068 1,977 3,630 
   Total Personal banking loans:$984,834 $794,378 $794,244 $839,508 $313,808 $650,720 $1,642,881 $6,020,373 
Gross write-offs for the year ended December 31, 2023$4,729 $2,909 $1,939 $770 $376 $393 $25,167 $36,283 
Amortized Cost Basis of Collateral-Dependent Loans The following table presents the amortized cost basis of collateral-dependent loans as of September 30, 2024 and December 31, 2023.
(In thousands)Business AssetsReal EstateOil & Gas AssetsTotal
September 30, 2024
Commercial:
  Real estate - business$— $14,872 $— $14,872 
Personal Banking:
  Revolving home equity— 1,977 — 1,977 
Total$— $16,849 $— $16,849 
December 31, 2023
Commercial:
Business$1,183 $— $1,238 $2,421 
Personal Banking:
Revolving home equity— 1,977 — 1,977 
Total$1,183 $1,977 $1,238 $4,398 
Summary Of Loans In The Personal Banking Portfolio Percentage Of Balances by FICO Score For the remainder of loans in the Personal Banking portfolio, the table below shows the percentage of balances outstanding at September 30, 2024 and December 31, 2023 by FICO score.
   Personal Banking Loans
% of Loan Category
Real Estate - PersonalConsumerRevolving Home EquityConsumer Credit Card
September 30, 2024
FICO score:
Under 6002.3 %2.4 %2.0 %5.0 %
600 - 6592.3 3.9 3.1 12.1 
660 - 7197.8 13.4 10.3 29.0 
720 - 77920.7 22.3 23.9 26.7 
780 and over66.9 58.0 60.7 27.2 
Total100.0 %100.0 %100.0 %100.0 %
December 31, 2023
FICO score:
Under 6002.0 %2.5 %1.9 %4.7 %
600 - 6592.3 4.3 3.3 12.1 
660 - 7198.5 12.9 10.9 29.2 
720 - 77921.9 28.2 22.4 27.0 
780 and over65.3 52.1 61.5 27.0 
Total100.0 %100.0 %100.0 %100.0 %
Outstanding Balance Of Modified Loans to Borrowers Experiencing Financial Difficulty
The following tables present the amortized cost at September 30, 2024 of loans that were modified during the three and nine months ended September 30, 2024 and the amortized cost of at September 30, 2023 of loans that were modified during the three and nine months ended September 30, 2023.

For the Three Months Ended September 30, 2024



(Dollars in thousands)
Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees Forgiven
Other
Total% of Total Loan Category
September 30, 2024
Commercial:
Business$36,892 $— $— $— $— $36,892 0.6 %
Real estate – construction and land1,915 — — — — 1,915 0.1 
Real estate – business70,091 — — — — 70,091 2.0 
Personal Banking:
Real estate – personal 42 4,024 — — — 4,066 0.1 
Consumer— 720 30 — — 750 — 
Consumer credit card— — 931 — — 931 0.2 
Total $108,940 $4,744 $961 $— $— $114,645 0.7 %
For the Nine Months Ended September 30, 2024
September 30, 2024
Commercial:
Business$54,608 $— $— $— $— $54,608 0.9 %
Real estate – construction and land1,915 — — — — 1,915 0.1 
Real estate – business117,718 — — — — 117,718 3.3 
Personal Banking:
Real estate – personal42 6,586 — — — 6,628 0.2 
Consumer— 720 84 — 44 848 — 
Consumer credit card— — 2,642 — — 2,642 0.5 
Total$174,283 $7,306 $2,726 $— $44 $184,359 1.1 %


For the Three Months Ended September 30, 2023



(Dollars in thousands)
Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees Forgiven
Other
Total% of Total Loan Category
September 30, 2023
Commercial:
Business$3,792 $— $— $— $— $3,792 0.1 %
Real estate – business56,552 — — — — 56,552 1.6 
Personal Banking:
Real estate – personal 45 773 — — — 818 — 
Consumer— — 49 — 31 80 — 
Consumer credit card— — 935 72 — 1,007 0.2 
Total $60,389 $773 $984 $72 $31 $62,249 0.4 %
For the Nine Months Ended September 30, 2023
September 30, 2023
Commercial:
Business$16,705 $— $— $— $— $16,705 0.3 %
Real estate – business106,034 — — — — 106,034 2.9 
Personal Banking:
Real estate – personal289 3,313 — — — 3,602 0.1 
Consumer30 70 69 — 86 255 — 
Consumer credit card— — 1,967 485 — 2,452 0.4 
Total$123,058 $3,383 $2,036 $485 $86 $129,048 0.8 %
Financing receivable, financial impacts of loan modifications and payment deferrals
The following tables summarize the financial impact of loan modifications and payment deferrals during the three and nine months ended September 30, 2024 and September 30, 2023.

Term Extension
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Commercial:
Business
Extended maturity by a weighted average of 5 months.
Extended maturity by a weighted average of 3 months.
Real estate – construction and land
Extended maturity by a weighted average of 2 months.
Real estate – business
Extended maturity by a weighted average of 11 months.
Extended maturity by a weighted average of 12 months.
Personal Banking:
Real estate – personal
Extended maturity by a weighted average of 2 months.
Extended maturity by a weighted average of 6 months.
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Commercial:
Business
Extended maturity by a weighted average of 5 months.
Extended maturity by a weighted average of 8 months.
Real estate – construction and land
Extended maturity by a weighted average of 2 months.
Real estate – business
Extended maturity by a weighted average of 11 months.
Extended maturity by a weighted average of 13 months.
Personal Banking:
Real estate – personal
Extended maturity by a weighted average of 5 months.
Extended maturity by a weighted average of 7 months.
Consumer
Extended maturity by 10 years.
Payment Delay
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Personal Banking:
Real estate – personal
Deferred certain payments by a weighted average of 15 years.
Deferred certain payments by a weighted average of 22 years.
Consumer
Deferred certain payments by a weighted average of 19 years.
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Real estate – personal
Deferred certain payments by a weighted average of 10 years.
Deferred certain payments by a weighted average of 20 years.
Consumer
Deferred certain payments by a weighted average of 19 years.
Deferred certain payments by a weighted average of 71 months.


Interest Rate Reduction
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Personal Banking:
ConsumerReduced contractual interest rate from average 21% to 6%.Reduced contractual interest rate from average 21% to 6%.
Consumer credit cardReduced contractual interest rate from average 21% to 6%.Reduced contractual interest rate from average 21% to 6%.
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Personal Banking:
ConsumerReduced contractual interest rate from average 21% to 6%.Reduced contractual interest rate from average 21% to 6%.
Consumer credit cardReduced contractual interest rate from average 21% to 6%.Reduced contractual interest rate from average 21% to 6%.


Forgiveness of Interest/Fees
Three Months Ended September 30, 2023
Personal Banking:
Consumer credit cardApproximately $5 thousand of interest and fees forgiven.
Nine Months Ended September 30, 2023
Personal Banking:
Consumer credit cardApproximately $33 thousand of interest and fees forgiven.
Financing Receivable, Modified, Subsequent Default
The following tables provide the amortized cost basis at September 30, 2024 of loans to borrowers experiencing financial difficulty that had a payment default during the three and nine months ended September 30, 2024 and were modified within the 12 months preceding the payment default, as well as the amortized cost basis at September 30, 2023 of loans to borrowers experiencing financial difficulty that had a payment default during the three and nine months ended September 30, 2023 and had been modified on or after January 1, 2023 (the date we adopted ASU 2022-02). For purposes of this disclosure, the Company considers "default" to mean 90 days or more past due as to interest or principal.
For the Three Months Ended September 30, 2024For the Nine Months Ended September 30, 2024


(Dollars in thousands)		Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotalTerm ExtensionPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotal
September 30, 2024
Commercial:
Business$14,872 $— $— $— $14,872 $14,872 $— $— $— $14,872 
Personal Banking:
Real estate – personal — 2,600 — — 2,600 — 3,728 — — 3,728 
Consumer— — 13 — 13 — — 24 — 24 
Consumer credit card— — 251 — 251 — — 536 20 556 
Total $14,872 $2,600 $264 $— $17,736 $14,872 $3,728 $560 $20 $19,180 
For the Three Months Ended September 30, 2023For the Nine Months Ended September 30, 2023


(Dollars in thousands)
Term ExtensionPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotalTerm ExtensionPayment DelayInterest Rate ReductionInterest/Fees ForgivenTotal
September 30, 2023
Personal Banking:
Real estate – personal $— $802 $— $— $802 $— $1,007 $— $— $1,007 
Consumer— — 19 — 19 — — 30 — 30 
Consumer credit card— — 235 157 392 — — 274 158 432 
Total $— $802 $254 $157 $1,213 $— $1,007 $304 $158 $1,469 
Financing Receivable, Modified, Past Due
The following tables present the amortized cost basis at September 30, 2024 of loans to borrowers experiencing financial difficulty that had been modified within the previous 12 months as well as the amortized cost basis at September 30, 2023 of loans to borrowers experiencing financial difficulty that had been modified on or after January 1, 2023 (the date we adopted ASU 2022-02) through September 30, 2023.



(In thousands)
Current
30-89 Days Past Due
90 Days Past DueTotal
September 30, 2024
Commercial:
Business$56,517 $86 $— $56,603 
Real estate – construction and land1,915 — — 1,915 
Real estate – business102,846 — 14,872 117,718 
Personal Banking:
Real estate – personal 3,220 1,151 2,601 6,972 
Consumer844 18 12 874 
Consumer credit card2,380 510 237 3,127 
Total $167,722 $1,765 $17,722 $187,209 



(In thousands)
Current
30-89 Days Past Due
90 Days Past DueTotal
September 30, 2023
Commercial:
Business$16,705 $— $— $16,705 
Real estate – business106,034 — — 106,034 
Personal Banking:
Real estate – personal 2,203 597 802 3,602 
Consumer209 27 19 255 
Consumer credit card1,534 526 392 2,452 
Total $126,685 $1,150 $1,213 $129,048