Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

The following table summarizes the composition of originated and acquired loans as of the dates presented:


(dollars in thousands)	June 30, 2024		December 31, 2023
Commercial real estate	$	2,672,527	$	2,659,135
Commercial and industrial	1,421,955		1,436,183
Commercial construction	367,687		350,583
Business banking	1,308,985		1,360,765
Consumer real estate	1,839,756		1,731,778
Other consumer	102,660		114,897
Total Portfolio Loans	$	7,713,570	$	7,653,341
Loans held for sale	188		153
Total Loans(1)	$	7,713,758	$	7,653,494

(1) Excludes interest receivable of $35.4 million at June 30, 2024 and $35.3 million at December 31, 2023. Interest receivable is included in other assets in the Consolidated Balance Sheets.

Summary of Restructured Loans for Periods Presented

The following tables present the amortized cost of loans to borrowers experiencing financial difficulty by portfolio segment and type of modification during the periods presented:



	Three Months Ended June 30, 2024
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Total		% of Portfolio Segment
Commercial real estate	$	3,358	$	—	$	3,358	0.13	%
Commercial and industrial	9,090		12,339		21,429		1.51	%


Consumer real estate	107		—		107		0.01	%

Total(1)	$	12,555	$	12,339	$	24,894	0.32	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

	Three Months Ended June 30, 2023
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Total		% of Portfolio Segment
Commercial real estate	$	1,286	$	—	$	1,286	0.05	%
Commercial and industrial	5,193		—		5,193		0.36	%
Commercial construction	1,621		—		1,621		0.46	%
Business banking	1,033		—		1,033		0.08	%


Total(1)	$	9,133	$	—	$	9,133	0.12	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.



	Six Months Ended June 30, 2024
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Term Extension and Interest Rate Reduction		Total		% of Portfolio Segment
Commercial real estate	$	4,188	$	—	$	—	$	4,188	0.16	%
Commercial and industrial	9,090		12,339		—		21,429		1.51	%


Consumer real estate	107		—		—		107		0.01	%

Total(1)	$	13,385	$	12,339	$	—	$	25,724	0.33	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

	Six Months Ended June 30, 2023
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Term Extension and Interest Rate Reduction		Total		% of Portfolio Segment
Commercial real estate	$	14,932	$	—	$	—	$	14,932	0.58	%
Commercial and industrial	5,762		—		—		5,762		0.40	%
Commercial construction	1,621		—		—		1,621		0.46	%
Business banking	1,033		—		—		1,033		0.08	%
Consumer real estate	62		—		194		256		0.02	%

Total(1)	$	23,410	$	—	$	194	$	23,604	0.32	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

The following tables describe the effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:



	Three Months Ended June 30, 2024			Six Months Ended June 30, 2024
	Weighted-Average Term Extension (in Months)		Weighted-Average Payment Deferral (in Months)		Weighted-Average Term Extension (in months)	Weighted-Average Payment Deferral (in Months)
Commercial real estate		8		—		8	—
Commercial and industrial		10		6		10	6

Business banking		—		—		19	—
Consumer real estate		68		—		68	—



	Three Months Ended June 30, 2023				Six Months Ended June 30, 2023
	Weighted-Average Term Extension (in Months)		Weighted-Average Interest Rate Reduction			Weighted-Average Term Extension (in months)		Weighted-Average Interest Rate Reduction
Commercial real estate		9		—			7		—
Commercial and industrial		3		—			9		—
Commercial construction		5		—			5		—
Business banking		5		—			5		—
Consumer real estate		—		—			168		2%

The following table is a summary of nonperforming assets as of the dates presented:


	Nonperforming Assets
(dollars in thousands)	June 30, 2024			December 31, 2023
Nonperforming Assets
Nonaccrual Loans		$	34,857		$	22,947
OREO		95			75
Total Nonperforming Assets		$	34,952		$	23,022

Summary of Aging Analysis of Modifications

The following tables present the aging analysis of modifications to borrowers experiencing financial difficulty in the last 12 months as of the date presented:


	June 30, 2024
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total
Commercial real estate	$	4,188	$	—	$	—	$	—	$	4,188
Commercial and industrial	21,429		—		—		—		21,429

Business banking	110		—		—		—		110
Consumer real estate	107		—		—		—		107
Other consumer	$	—	$	—	$	—	$	—	$	—
Total	$	25,834	$	—	$	—	$	—	$	25,834


	June 30, 2023
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total
Commercial real estate	$	14,932	$	—	$	—	$	—	$	14,932
Commercial and industrial	5,762		—		—		—		5,762
Commercial construction	1,621		—		—		—		1,621
Business banking	1,033		—		—		—		1,033
Consumer real estate	256		—		—		—		256

Total	$	23,604	$	—	$	—	$	—	$	23,604

Summary of Nonperforming Assets

The following table is a summary of nonperforming assets as of the dates presented:


	Nonperforming Assets
(dollars in thousands)	June 30, 2024			December 31, 2023
Nonperforming Assets
Nonaccrual Loans		$	34,857		$	22,947
OREO		95			75
Total Nonperforming Assets		$	34,952		$	23,022

The following tables present loans on nonaccrual status by class of loan for the year-to-date periods presented:


	June 30, 2024
(dollars in thousands)	Beginning of Period Nonaccrual		End of Period Nonaccrual		Nonaccrual With No Related Allowance		Interest Income Recognized on Nonaccrual(1)
Commercial real estate	$	6,320	$	14,372	$	994	$	68
Commercial and industrial	878		4,732		—		4
Commercial construction	4,960		4,960		4,576		—
Business banking	4,147		3,656		—		74
Consumer real estate	6,312		6,907		—		206
Other consumer	330		230		—		—
Total	$	22,947	$	34,857	$	5,570	$	352

(1) Represents only cash payments received and applied to interest on nonaccrual loans.


	December 31, 2023
(dollars in thousands)	Beginning of Period Nonaccrual		End of Period Nonaccrual		Nonaccrual With No Related Allowance		Interest Income Recognized on Nonaccrual(1)
Commercial real estate	$	7,100	$	6,320	$	5,940	$	46
Commercial and industrial	283		878		—		38
Commercial construction	384		4,960		4,576		—
Business banking	4,490		4,147		—		209
Consumer real estate	6,526		6,312		—		308
Other consumer	269		330		—		2
Total	$	19,052	$	22,947	$	10,516	$	603

(1) Represents only cash payments received and applied to interest on nonaccrual loans.

Schedule of Loans Credit Quality Indicators

The following tables present loan balances by year of origination and internally assigned risk rating for our portfolio segments as of the dates presented:


	June 30, 2024
	Risk Rating
(dollars in thousands)	2024		2023		2022		2021		2020		2019 and Prior		Revolving		Revolving-Term		Total

Commercial Real Estate
Pass	$	48,148	$	278,373	$	372,544	$	445,786	$	220,620	$	1,139,806	$	30,627	$	—	$	2,535,904
Special mention	—		—		410		5,971		—		65,786		—		—		72,167
Substandard	—		—		994		—		2,306		59,171		—		—		62,471
Doubtful	—		—		—		—		—		1,985		—		—		1,985
Total Commercial Real Estate	48,148		278,373		373,948		451,757		222,926		1,266,748		30,627		—		2,672,527
Year-to-date Gross Charge-offs	—		—		—		—		—		5,205		—		—		5,205

Commercial and Industrial
Pass	33,631		176,156		219,464		155,849		47,484		220,218		479,939		—		1,332,741
Special mention	346		1,161		865		9,117		—		10,585		20,273		—		42,347
Substandard	—		51		213		13,646		1,404		5,540		24,376		—		45,230
Doubtful	—		79		—		208		—		—		1,350		—		1,637
Total Commercial and Industrial	33,977		177,447		220,542		178,820		48,888		236,343		525,938		—		1,421,955
Year-to-date Gross Charge-offs	—		—		—		1,037		—		91		—		—		1,128

Commercial Construction
Pass	31,952		110,187		124,661		67,115		14,490		3,890		10,432		—		362,727
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		4,960		—		—		4,960
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Construction	31,952		110,187		124,661		67,115		14,490		8,850		10,432		—		367,687
Year-to-date Gross Charge-offs	—		—		—		—		—		—		—		—		—

Business Banking
Pass	77,648		248,290		231,668		181,439		81,031		372,885		92,690		1,075		1,286,726
Special mention	—		150		52		64		286		4,206		25		280		5,063
Substandard	—		1,907		935		3,618		514		9,628		104		490		17,196
Doubtful	—		—		—		—		—		—		—		—		—
Total Business Banking	77,648		250,347		232,655		185,121		81,831		386,719		92,819		1,845		1,308,985
Year-to-date Gross Charge-offs	—		—		—		—		6		188		—		—		194

Consumer Real Estate
Pass	110,596		334,745		328,326		141,990		98,294		240,448		551,585		24,313		1,830,297
Special mention	—		—		—		—		—		106		—		—		106
Substandard	—		473		420		195		160		4,575		882		2,648		9,353
Doubtful	—		—		—		—		—		—		—		—		—
Total Consumer Real Estate	110,596		335,218		328,746		142,185		98,454		245,129		552,467		26,961		1,839,756
Year-to-date Gross Charge-offs	—		—		—		—		9		23		17		422		471

Other Consumer
Pass	5,088		8,579		9,429		4,765		2,649		807		66,860		4,270		102,447
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		27		11		161		—		14		213
Doubtful	—		—		—		—		—		—		—		—		—
Total Other Consumer	5,088		8,579		9,429		4,792		2,660		968		66,860		4,284		102,660
Year-to-date Gross Charge-offs	434		11		100		46		19		12		—		164		786

Pass	307,063		1,156,330		1,286,092		996,944		464,568		1,978,054		1,232,133		29,658		7,450,842
Special mention	346		1,311		1,327		15,152		286		80,683		20,298		280		119,683
Substandard	—		2,431		2,562		17,486		4,395		84,035		25,362		3,152		139,423
Doubtful	—		79		—		208		—		1,985		1,350		—		3,622
Total Loan Balance	$	307,409	$	1,160,151	$	1,289,981	$	1,029,790	$	469,249	$	2,144,757	$	1,279,143	$	33,090	$	7,713,570

Year-to-date Gross Charge-offs	$	434	$	11	$	100	$	1,083	$	34	$	5,519	$	17	$	586	$	7,784


	December 31, 2023
	Risk Rating
(dollars in thousands)	2023		2022		2021		2020		2019		2018 and Prior		Revolving		Revolving-Term		Total

Commercial Real Estate
Pass	$	276,677	$	323,463	$	433,308	$	237,901	$	383,799	$	781,465	$	32,418	$	—	$	2,469,031
Special mention	—		1,006		6,000		—		24,887		75,428		—		—		107,321
Substandard	—		—		—		2,355		10,685		69,743		—		—		82,783
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Real Estate	276,677		324,469		439,308		240,256		419,371		926,636		32,418		—		2,659,135
Year-to-date Gross Charge-offs	—		—		—		—		—		1,706		—		—		1,706

Commercial and Industrial
Pass	171,672		231,114		185,884		53,101		47,063		183,165		482,490		—		1,354,489
Special mention	189		620		10,242		—		—		8,848		4,126		—		24,025
Substandard	—		244		14,510		1,595		5,795		1,892		33,633		—		57,669
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial and Industrial	171,861		231,978		210,636		54,696		52,858		193,905		520,249		—		1,436,183
Year-to-date Gross Charge-offs	—		—		—		—		3,412		15,842		—		—		19,254

Commercial Construction
Pass	75,596		154,456		82,313		14,845		151		4,054		14,208		—		345,623
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		4,576		384		—		—		4,960
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Construction	75,596		154,456		82,313		14,845		4,727		4,438		14,208		—		350,583
Year-to-date Gross Charge-offs	—		—		—		—		451		—		—		—		451

Business Banking
Pass	270,129		262,535		204,874		87,346		96,371		321,360		96,618		523		1,339,756
Special mention	—		55		251		224		33		3,508		37		172		4,280
Substandard	—		16		2,486		448		3,170		9,898		99		612		16,729
Doubtful	—		—		—		—		—		—		—		—		—
Total Business Banking	270,129		262,606		207,611		88,018		99,574		334,766		96,754		1,307		1,360,765
Year-to-date Gross Charge-offs	—		67		43		1		88		1,073		34		—		1,306

Consumer Real Estate
Pass	311,887		334,879		147,652		101,999		67,402		183,283		551,368		22,206		1,720,676
Special mention	—		—		—		—		—		189		—		—		189
Substandard	—		583		198		42		488		6,322		712		2,568		10,913
Doubtful	—		—		—		—		—		—		—		—		—
Total Consumer Real Estate	311,887		335,462		147,850		102,041		67,890		189,794		552,080		24,774		1,731,778
Year-to-date Gross Charge-offs	—		1		—		5		1		43		75		296		421

Other Consumer
Pass	11,286		11,965		6,483		3,842		1,062		526		76,426		3,109		114,699
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		24		5		20		146		—		3		198
Doubtful	—		—		—		—		—		—		—		—		—
Total Other Consumer	11,286		11,965		6,507		3,847		1,082		672		76,426		3,112		114,897
Year-to-date Gross Charge-offs	830		146		175		19		37		5		—		288		1,500


Pass	1,117,247		1,318,412		1,060,514		499,034		595,848		1,473,853		1,253,528		25,838		7,344,274
Special Mention	189		1,681		16,493		224		24,920		87,973		4,163		172		135,815
Substandard	—		843		17,218		4,445		24,734		88,385		34,444		3,183		173,252
Doubtful	—		—		—		—		—		—		—		—		—
Total Loan Balance	$	1,117,436	$	1,320,936	$	1,094,225	$	503,703	$	645,502	$	1,650,211	$	1,292,135	$	29,193	$	7,653,341

Year-to-date Gross Charge-offs	$	830	$	214	$	218	$	25	$	3,989	$	18,669	$	109	$	584	$	24,638

The following tables present loan balances by year of origination and accrual and nonaccrual status for our portfolio segments as of the dates presented:


	June 30, 2024
(dollars in thousands)	2024		2023		2022		2021		2020		2019 and Prior		Revolving		Revolving-Term		Total

Commercial Real Estate
Accrual	$	48,148	$	278,373	$	372,954	$	451,757	$	222,926	$	1,253,370	$	30,627	$	—	$	2,658,155
Nonaccrual	—		—		994		—		—		13,378		—		—		14,372
Total Commercial Real Estate	48,148		278,373		373,948		451,757		222,926		1,266,748		30,627		—		2,672,527

Commercial and Industrial
Accrual	33,977		177,317		220,542		178,477		48,888		236,335		521,687		—		1,417,223
Nonaccrual	—		130		—		343		—		8		4,251		—		4,732
Total Commercial and Industrial	33,977		177,447		220,542		178,820		48,888		236,343		525,938		—		1,421,955

Commercial Construction
Accrual	31,952		110,187		124,661		67,115		14,490		3,890		10,432		—		362,727
Nonaccrual	—		—		—		—		—		4,960		—		—		4,960
Total Commercial Construction	31,952		110,187		124,661		67,115		14,490		8,850		10,432		—		367,687

Business Banking
Accrual	77,648		250,347		232,460		185,121		81,697		383,427		92,819		1,810		1,305,329
Nonaccrual	—		—		195		—		134		3,292		—		35		3,656
Total Business Banking	77,648		250,347		232,655		185,121		81,831		386,719		92,819		1,845		1,308,985

Consumer Real Estate
Accrual	110,596		334,745		328,370		142,185		97,774		242,117		551,944		25,118		1,832,849
Nonaccrual	—		473		376		—		680		3,012		523		1,843		6,907
Total Consumer Real Estate	110,596		335,218		328,746		142,185		98,454		245,129		552,467		26,961		1,839,756

Other Consumer
Accrual	5,088		8,572		9,429		4,787		2,591		819		66,860		4,284		102,430
Nonaccrual	—		7		—		5		69		149		—		—		230
Total Other Consumer	5,088		8,579		9,429		4,792		2,660		968		66,860		4,284		102,660

Accrual	307,409		1,159,541		1,288,416		1,029,442		468,366		2,119,958		1,274,369		31,212		7,678,713
Nonaccrual	—		610		1,565		348		883		24,799		4,774		1,878		34,857
Total Loan Balance	$	307,409	$	1,160,151	$	1,289,981	$	1,029,790	$	469,249	$	2,144,757	$	1,279,143	$	33,090	$	7,713,570


	December 31, 2023
(dollars in thousands)	2023		2022		2021		2020		2019		2018 and Prior		Revolving		Revolving-Term		Total

Commercial Real Estate
Accrual	$	276,677	$	324,469	$	439,308	$	240,256	$	419,371	$	920,316	$	32,418	$	—	$	2,652,815
Nonaccrual	—		—		—		—		—		6,320		—		—		6,320
Total Commercial Real Estate	276,677		324,469		439,308		240,256		419,371		926,636		32,418		—		2,659,135

Commercial and Industrial
Accrual	171,861		231,978		210,636		54,696		52,858		193,257		520,019		—		1,435,305
Nonaccrual	—		—		—		—		—		648		230		—		878
Total Commercial and Industrial	171,861		231,978		210,636		54,696		52,858		193,905		520,249		—		1,436,183

Commercial Construction
Accrual	75,596		154,456		82,313		14,845		151		4,054		14,208		—		345,623
Nonaccrual	—		—		—		—		4,576		384		—		—		4,960
Total Commercial Construction	75,596		154,456		82,313		14,845		4,727		4,438		14,208		—		350,583

Business Banking
Accrual	270,129		262,606		207,611		87,979		99,354		330,902		96,754		1,283		1,356,618
Nonaccrual	—		—		—		39		220		3,864		—		24		4,147
Total Business Banking	270,129		262,606		207,611		88,018		99,574		334,766		96,754		1,307		1,360,765

Consumer Real Estate
Accrual	311,887		335,086		147,689		101,518		67,577		186,909		551,858		22,942		1,725,466
Nonaccrual	—		376		161		523		313		2,885		222		1,832		6,312
Total Consumer Real Estate	311,887		335,462		147,850		102,041		67,890		189,794		552,080		24,774		1,731,778

Other Consumer
Accrual	11,286		11,965		6,499		3,656		1,082		541		76,426		3,112		114,567
Nonaccrual	—		—		8		191		—		131		—		—		330
Total Other Consumer	11,286		11,965		6,507		3,847		1,082		672		76,426		3,112		114,897

Accrual	1,117,436		1,320,560		1,094,056		502,950		640,393		1,635,979		1,291,683		27,337		7,630,394
Nonaccrual	—		376		169		753		5,109		14,232		452		1,856		22,947
Total Loan Balance	$	1,117,436	$	1,320,936	$	1,094,225	$	503,703	$	645,502	$	1,650,211	$	1,292,135	$	29,193	$	7,653,341

The following tables present collateral-dependent loans as of the dates presented:


	June 30, 2024
	Type of Collateral
(dollars in thousands)	Real Estate		Business Assets
Commercial real estate	$	14,016	$	—
Commercial and industrial	—		4,495
Commercial construction	4,576		—



Total	$	18,592	$	4,495


	December 31, 2023
	Type of Collateral
(dollars in thousands)	Real Estate		Business Assets
Commercial real estate	$	5,940	$	—

Commercial construction	4,576		—



Total	$	10,516	$	—

Schedule of 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:


	June 30, 2024
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due Loans		Total Loans
Commercial real estate	$	2,648,879	$	9,276	$	—	$	14,372	$	23,648	$	2,672,527
Commercial and industrial	1,417,223		—		—		4,732		4,732		1,421,955
Commercial construction	362,727		—		—		4,960		4,960		367,687
Business banking	1,301,340		2,265		1,724		3,656		7,645		1,308,985
Consumer real estate	1,827,336		2,516		2,997		6,907		12,420		1,839,756
Other consumer	102,112		185		133		230		548		102,660
Total	$	7,659,617	$	14,242	$	4,854	$	34,857	$	53,953	$	7,713,570


	December 31, 2023
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		Nonaccrual		Total Past Due Loans		Total Loans
Commercial real estate	$	2,649,412	$	—	$	3,403	$	6,320	$	9,723	$	2,659,135
Commercial and industrial	1,435,301		4		—		878		882		1,436,183
Commercial construction	345,623		—		—		4,960		4,960		350,583
Business banking	1,351,048		3,525		2,045		4,147		9,717		1,360,765
Consumer real estate	1,719,751		3,352		2,363		6,312		12,027		1,731,778
Other consumer	114,138		366		63		330		759		114,897
Total	$	7,615,273	$	7,247	$	7,874	$	22,947	$	38,068	$	7,653,341

Schedule of Allowance for Credit Loss

The following tables present activity in the ACL for the periods presented:



	Six Months Ended June 30, 2024
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	37,886	$	34,538	$	5,382	$	12,858	$	14,663	$	2,639	$	107,966

Provision for credit losses on loans(1)	3,938		532		(35)		(1,862)		1,089		723		4,385
Charge-offs	(5,205)		(1,128)		—		(194)		(471)		(786)		(7,784)
Recoveries	458		793		—		81		95		156		1,583
Net (Charge-offs)/ Recoveries	(4,747)		(335)		—		(113)		(376)		(630)		(6,201)
Balance at End of Period	$	37,077	$	34,735	$	5,347	$	10,883	$	15,376	$	2,732	$	106,150
(1) Excludes the provision for credits losses for unfunded commitments.


	Six Months Ended June 30, 2023
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	41,428	$	25,710	$	6,264	$	12,547	$	12,105	$	3,286	$	101,340
Impact of ASU 2022-02	—		75		215		251		278		(251)		568
Provision for credit losses on loans(1)	(1,555)		8,356		258		1,340		1,038		264		9,701
Charge-offs	—		(15,220)		—		(662)		(117)		(682)		(16,681)
Recoveries	964		9,407		2		140		114		202		10,829
Net (Charge-offs)/Recoveries	964		(5,813)		2		(522)		(3)		(480)		(5,852)
Balance at End of Period	$	40,837	$	28,328	$	6,739	$	13,616	$	13,418	$	2,819	$	105,757
(1) Excludes the provision for credits losses for unfunded commitments.


	Three Months Ended June 30, 2024
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	35,612	$	34,207	$	5,149	$	11,798	$	15,410	$	2,626	$	104,802

Provision for credit losses on loans(1)	1,101		(149)		198		(868)		231		447		960
Charge-offs	—		—		—		(96)		(332)		(417)		(845)
Recoveries	364		677		—		49		67		76		1,233
Net (Charge-offs)/ Recoveries	364		677		—		(47)		(265)		(341)		388
Balance at End of Period	$	37,077	$	34,735	$	5,347	$	10,883	$	15,376	$	2,732	$	106,150
(1) Excludes the provision for credits losses for unfunded commitments.


	Three Months Ended June 30, 2023
(dollars in thousands)	Commercial Real Estate		Commercial and Industrial		Commercial Construction		Business Banking		Consumer Real Estate		Other Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period	$	40,426	$	31,297	$	6,893	$	13,680	$	12,855	$	2,962	$	108,113

Provision for credit losses on loans(1)	(544)		8,832		(154)		(157)		550		84		8,611
Charge-offs	—		(11,808)		—		(10)		(40)		(364)		(12,222)
Recoveries	955		7		—		103		53		137		1,255
Net (Charge-offs)/Recoveries	955		(11,801)		—		93		13		(227)		(10,967)
Balance at End of Period	$	40,837	$	28,328	$	6,739	$	13,616	$	13,418	$	2,819	$	105,757
(1) Excludes the provision for credit losses for unfunded commitments.