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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Recorded Investment in Commercial Loan Classes by Internally Assigned Risk Ratings The following tables present loan balances by year of origination and internally assigned risk rating for our portfolio segments as of the dates presented:
December 31, 2022
Risk Rating
(dollars in thousands)202220212020201920182017 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Pass$292,732 $360,423 $267,743 $422,872 $227,006 $704,600 $21,666 — $2,297,042 
Special Mention— — — 13,187 20,090 101,112 — — 134,389 
Substandard— — 1,306 13,434 14,845 77,823 — — 107,408 
Doubtful— — — — — — — — — 
Total Commercial Real Estate292,732 360,423 269,049 449,493 261,941 883,535 21,666 — 2,538,839 
Commercial and Industrial
Pass253,324 264,012 88,544 63,190 62,874 138,250 559,777 — 1,429,971 
Special Mention— 25,436 — 5,103 1,885 7,132 19,280 — 58,836 
Substandard372 — — 5,705 1,152 1,891 12,465 — 21,585 
Doubtful— — — — — — — — — 
Total Commercial and Industrial253,696 289,448 88,544 73,998 65,911 147,273 591,522 — 1,510,392 
Commercial Construction
Pass120,655 159,737 40,762 6,338 3,953 2,297 27,284 — 361,026 
Special Mention— 10,954 — 8,104 — — — — 19,058 
Substandard— — — — — 1,879 — — 1,879 
Doubtful— — — — — — — — — 
Total Commercial Construction120,655 170,691 40,762 14,442 3,953 4,176 27,284 — 381,963 
Business Banking
Pass287,520 233,499 87,926 107,819 80,549 276,843 104,354 645 1,179,155 
Special Mention— 157 146 — 2,790 3,945 793 95 7,926 
Substandard159 67 3,077 1,912 1,550 11,391 124 551 18,831 
Doubtful— — — — — 32 — — 32 
Total Business Banking287,679 233,723 91,149 109,731 84,889 292,211 105,271 1,291 1,205,944 
Consumer Real Estate
Pass296,900 148,790 91,477 74,155 30,658 191,228 552,994 21,547 1,407,749 
Special Mention— — — — — 882 — — 882 
Substandard48 213 136 428 1,373 8,059 655 2,410 13,322 
Doubtful— — — — — — — — — 
Total Consumer Real Estate296,948 149,003 91,613 74,583 32,031 200,169 553,649 23,957 1,421,953 
Other consumer
Pass20,046 10,819 5,427 3,242 1,013 724 82,125 1,404 124,800 
Special Mention— — — — — — — — — 
Substandard8 — — 28 21 — — 21 78 
Doubtful— — — — — — — — — 
Total Other Consumer20,054 10,819 5,427 3,270 1,034 724 82,125 1,425 124,878 
Pass1,271,177 1,177,280 581,879 677,616 406,053 1,313,942 1,348,200 23,596 6,799,743 
Special Mention— 36,547 146 26,394 24,765 113,071 20,073 95 221,091 
Substandard587 280 4,519 21,507 18,941 101,043 13,244 2,982 163,103 
Doubtful— — — — — 32 — — 32 
Total Loan Balance$1,271,764 $1,214,107 $586,544 $725,517 $449,759 $1,528,088 $1,381,517 $26,673 $7,183,969 
December 31, 2021
Risk Rating
(dollars in thousands)202120202019201820172016 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Pass$385,347 $316,003 $412,191 $314,303 $213,019 $698,992 $35,448 — $2,375,303 
Special Mention— — 37,786 6,401 40,445 75,938 — — 160,570 
Substandard— 1,356 18,743 14,039 12,555 106,461 1,500 — 154,654 
Doubtful— — — — — — — — — 
Total Commercial Real Estate385,347 317,359 468,720 334,743 266,019 881,391 36,948 — 2,690,528 
Commercial and Industrial
Pass437,483 126,371 115,359 83,030 37,176 132,182 536,554 — 1,468,155 
Special Mention46 — 3,060 2,546 72 832 8,887 — 15,443 
Substandard— — 14,221 1,336 4,174 3,456 4,961 — 28,148 
Doubtful— — 1,777 — — — — — 1,777 
Total Commercial and Industrial437,529 126,371 134,417 86,912 41,422 136,470 550,402 — 1,513,523 
Commercial Construction
Pass142,321 108,405 111,512 16,838 989 3,539 30,036 — 413,640 
Special Mention— — — — — 4,458 — — 4,458 
Substandard— 2,157 2,020 — — 2,480 — — 6,657 
Doubtful— — — — — — — — — 
Total Commercial Construction142,321 110,562 113,532 16,838 989 10,477 30,036 — 424,755 
Business Banking
Pass257,264 107,791 141,411 110,586 79,187 293,215 107,093 443 1,096,990 
Special Mention104 151 1,986 1,365 1,057 5,929 160 111 10,863 
Substandard41 106 1,579 3,277 1,645 19,591 977 625 27,841 
Doubtful— — — — — — — — — 
Total Business Banking257,409 108,048 144,976 115,228 81,889 318,735 108,230 1,179 1,135,693 
Consumer Real Estate
Pass137,465 100,995 91,981 48,531 39,029 231,861 442,530 23,391 1,115,783 
Special Mention— — — — — 937 — — 937 
Substandard— — 184 1,625 1,355 5,664 876 1,161 10,865 
Doubtful— — — — — — — — — 
Total Consumer Real Estate137,465 100,995 92,165 50,156 40,384 238,462 443,406 24,552 1,127,585 
Other consumer
Pass19,976 9,396 7,120 2,878 613 2,037 57,702 1,130 100,852 
Special Mention— — — — — — — — — 
Substandard83 52 141 215 408 4,407 201 1,547 7,054 
Doubtful— — — — — — — — — 
Total Other Consumer20,059 9,448 7,261 3,093 1,021 6,444 57,903 2,677 107,906 
Pass1,379,856 768,961 879,574 576,166 370,013 1,361,826 1,209,363 24,964 6,570,723 
Special Mention150 151 42,832 10,312 41,574 88,094 9,047 111 192,271 
Substandard124 3,671 36,888 20,492 20,137 142,059 8,515 3,333 235,219 
Doubtful— — 1,777 — — — — — 1,777 
Total Loan Balance$1,380,130 $772,783 $961,071 $606,970 $431,724 $1,591,979 $1,226,925 $28,408 $6,999,990 
The following tables present loan balances by year of origination and accrual and nonaccrual status for our portfolio segments as of the dates presented:
December 31, 2022
(dollars in thousands)202220212020201920182017 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Accrual$292,732 $360,423 $269,049 $449,493 $261,941 $876,435 $21,666 $— $2,531,739 
Nonaccrual— — — — — 7,100 — — 7,100 
Total Commercial Real Estate292,732 360,423 269,049 449,493 261,941 883,535 21,666 — 2,538,839 
Commercial and Industrial
Accrual253,696 289,448 88,544 73,998 65,858 147,273 591,292 — 1,510,109 
Nonaccrual— — — — 53 — 230 — 283 
Total Commercial and Industrial253,696 289,448 88,544 73,998 65,911 147,273 591,522 — 1,510,392 
Commercial Construction
Accrual120,655 170,691 40,762 14,442 3,953 3,792 27,284 — 381,579 
Nonaccrual— — — — — 384 — — 384 
Total Commercial Construction120,655 170,691 40,762 14,442 3,953 4,176 27,284 — 381,963 
Business Banking
Accrual287,679 233,656 91,149 109,479 83,689 289,435 105,172 1,195 1,201,454 
Nonaccrual— 67 — 252 1,200 2,776 99 96 4,490 
Total Business Banking287,679 233,723 91,149 109,731 84,889 292,211 105,271 1,291 1,205,944 
Consumer Real Estate
Accrual296,948 148,868 91,085 73,947 31,646 196,384 553,441 23,108 1,415,427 
Nonaccrual— 135 528 636 385 3,785 208 849 6,526 
Total Consumer Real Estate296,948 149,003 91,613 74,583 32,031 200,169 553,649 23,957 1,421,953 
Other Consumer
Accrual20,054 10,819 5,303 3,270 1,034 593 82,125 1,411 124,609 
Nonaccrual— — 124 — — 131 — 14 269 
Total Other Consumer20,054 10,819 5,427 3,270 1,034 724 82,125 1,425 124,878 
Accrual1,271,764 1,213,905 585,892 724,629 448,121 1,513,912 1,380,980 25,714 7,164,917 
Nonaccrual— 202 652 888 1,638 14,176 537 959 19,052 
Total Loan Balance$1,271,764 $1,214,107 $586,544 $725,517 $449,759 $1,528,088 $1,381,517 $26,673 $7,183,969 
December 31, 2021
(dollars in thousands)202120202019201820172016 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Accrual$385,347 $317,359 $461,613 $332,482 $259,723 $865,567 $36,948 $— $2,659,039 
Nonaccrual— 7,107 2,261 6,296 15,824 — — 31,488 
Total Commercial Real Estate385,347 317,359 468,720 334,743 266,019 881,391 36,948 — 2,690,528 
Commercial and Industrial
Accrual437,529 126,371 123,944 86,852 38,540 136,427 548,622 — 1,498,285 
Nonaccrual— — 10,473 60 2,882 43 1,780 — 15,239 
Total Commercial and Industrial437,529 126,371 134,417 86,912 41,422 136,470 550,402 — 1,513,523 
Commercial Construction
Accrual142,321 110,562 111,445 16,838 989 10,093 30,036 — 422,284 
Nonaccrual— — 2,087 — — 384 — — 2,471 
Total Commercial Construction142,321 110,562 113,532 16,838 989 10,477 30,036 — 424,755 
Business Banking
Accrual257,368 107,984 144,689 113,820 81,195 311,673 108,202 1,122 1,126,052 
Nonaccrual41 64 287 1,408 694 7,062 28 57 9,641 
Total Business Banking257,409 108,048 144,976 115,228 81,889 318,735 108,230 1,179 1,135,693 
Consumer Real Estate
Accrual137,465 100,253 91,689 49,853 39,657 234,297 443,238 23,839 1,120,291 
Nonaccrual— 742 476 303 727 4,165 168 713 7,294 
Total Consumer Real Estate137,465 100,995 92,165 50,156 40,384 238,462 443,406 24,552 1,127,585 
Other Consumer
Accrual20,059 9,290 7,261 3,093 1,021 6,444 57,903 2,677 107,748 
Nonaccrual— 158 — — — — — — 158 
Total Other Consumer20,059 9,448 7,261 3,093 1,021 6,444 57,903 2,677 107,906 
Accrual1,380,089 771,819 940,641 602,938 421,125 1,564,501 1,224,949 27,638 6,933,699 
Nonaccrual41 964 20,430 4,032 10,599 27,478 1,976 770 66,291 
Total Loan Balance$1,380,130 $772,783 $961,071 $606,970 $431,724 $1,591,979 $1,226,925 $28,408 $6,999,990 
The following tables present collateral-dependent loans by class of loan:
December 31, 2022
Type of Collateral
(dollars in thousands)Real EstateBlanket LienOther
Commercial real estate$5,649 $— $— 
Commercial and industrial— 626 — 
Commercial construction1,655 — — 
Business banking260 1,112 154 
Consumer real estate561 — — 
Total$8,125 $1,738 $154 
December 31, 2021
Type of Collateral
(dollars in thousands)Real EstateBlanket LienOther
Commercial real estate$28,046 $— $— 
Commercial and industrial259 4,905 10,473 
Commercial construction4,210 — — 
Business banking910 1,636 — 
Consumer real estate1,031 — — 
Total$34,456 $6,541 $10,473 
Age Analysis of Past Due Loans Segregated by Class of Loans
The following tables present the age analysis of past due loans segregated by class of loans as of the dates presented:
December 31, 2022
(dollars in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		NonaccrualTotal
Past Due
Loans		Total Loans
Commercial real estate$2,523,315 $8,424 $— $7,100 $15,524 $2,538,839 
Commercial and industrial1,505,805 4,304 — 283 4,587 1,510,392 
Commercial construction381,579 — — 384 384 381,963 
Business banking1,199,586 1,583 285 4,490 6,358 1,205,944 
Consumer real estate1,409,907 3,617 1,903 6,526 12,046 1,421,953 
Other consumer124,384 165 60 269 494 124,878 
Total$7,144,576 $18,093 $2,248 $19,052 $39,393 $7,183,969 

December 31, 2021(1)
(dollars in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		NonaccrualTotal
Past Due
Loans		Total Loans
Commercial real estate$2,659,040 $— $— $31,488 $31,488 $2,690,528 
Commercial and industrial1,497,755 529 — 15,239 15,768 1,513,523 
Commercial construction421,834 450 — 2,471 2,921 424,755 
Business banking1,124,748 813 491 9,641 10,945 1,135,693 
Consumer real estate1,117,073 1,087 2,130 7,294 10,512 1,127,585 
Other consumer107,492 206 50 158 414 107,906 
Total$6,927,943 $3,085 $2,672 $66,291 $72,048 $6,999,990 
(1) We had eight loans that were modified totaling $28.8 million under the CARES act at December 31, 2021. These customers were not considered past due as a result of their delayed payments. Upon exiting the loan modification deferral program, the measurement of loan delinquency resumed where it left off upon entry into the program.
Schedule of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
December 31,
(dollars in thousands)20222021
Nonperforming Assets
Nonaccrual loans$16,158 $44,517 
Nonaccrual TDRs2,894 21,774 
Total Nonaccrual loans19,052 66,291 
OREO3,065 13,313 
Total Nonperforming Assets$22,117 $79,604 
The following tables present loans on nonaccrual status by class of loan:
December 31, 2022
December 31, 2022For the twelve months ended
(dollars in thousands)Beginning of Period NonaccrualEnd of Period NonaccrualNonaccrual With No Related Allowance
Interest Income Recognized on Nonaccrual(1)
Commercial real estate$31,488 $7,100 $5,649 $580 
Commercial and industrial15,239 283 — 148 
Commercial construction2,471 384 — 171 
Business banking9,641 4,490 933 228 
Consumer real estate7,294 6,526 — 257 
Other consumer158 269 — 1 
Total$66,291 $19,052 $6,582 $1,385 
(1) Represents only cash payments received and applied to interest on nonaccrual loans.

December 31, 2021
December 31, 2021For the twelve months ended
(dollars in thousands)Beginning of Period NonaccrualEnd of Period NonaccrualNonaccrual With No Related Allowance
Interest Income Recognized on Nonaccrual(1)
Commercial real estate$101,070 $31,488 $28,046 $158 
Commercial and industrial16,985 15,239 5,707 74 
Commercial construction384 2,471 2,020 (28)
Business banking17,122 9,641 1,696 427 
Consumer real estate11,117 7,294 — 496 
Other consumer96 158 — 1 
Total$146,774 $66,291 $37,469 $1,128 
(1) Represents only cash payments received and applied to interest on nonaccrual loans.
Schedule of Allowance for Credit Loss
The following tables present activity in the ACL for the periods presented:
 
Twelve Months Ended December 31, 2022
(dollars in thousands)Commercial
Real Estate		Commercial and
Industrial 		Commercial
Construction		Business BankingConsumer
Real Estate		Other
Consumer		Total
Loans
Allowance for credit losses on loans:
Balance at beginning of period$50,700 $19,727 $5,355 $11,338 $8,733 $2,723 $98,576 
Provision for credit losses on loans(1)
(9,064)4,797 908 3,644 3,536 1,538 5,359 
Charge-offs(827)(5,797)— (3,314)(304)(1,375)(11,617)
Recoveries619 6,983 1 879 140 400 9,022 
Net (Charge-offs)/Recoveries(208)1,186 1 (2,435)(164)(975)(2,595)
Balance at End of Period$41,428 $25,710 $6,264 $12,547 $12,105 $3,286 $101,340 
(1)Excludes the provision for credit losses for unfunded commitments.

 
Twelve Months Ended December 31, 2021
(dollars in thousands)Commercial
Real Estate		Commercial and
Industrial		Commercial
Construction		Business BankingConsumer
Real Estate		Other
Consumer		Total
Loans
Allowance for credit losses on loans:
Balance at beginning of period$65,656 $16,100 $7,239 $15,917 $10,014 $2,686 $117,612 
Provision for credit losses on loans(1)
(2,569)23,746 (1,842)(3,159)(1,020)338 15,494 
Charge-offs(13,444)(20,923)(56)(1,580)(569)(952)(37,524)
Recoveries1,057 804 14 160 308 651 2,994 
Net (Charge-offs)/Recoveries(12,387)(20,119)(42)(1,420)(261)(301)(34,530)
Balance at End of Period$50,700 $19,727 $5,355 $11,338 $8,733 $2,723 $98,576 
(1)Excludes the provision for credit losses for unfunded commitments.