Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2024

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


(dollars in thousands)	September 30, 2024		December 31, 2023
Commercial real estate	$	2,660,816	$	2,659,135
Commercial and industrial	1,363,477		1,436,183
Commercial construction	374,299		350,583
Business banking	1,291,080		1,360,765
Consumer real estate	1,894,147		1,731,778
Other consumer	105,235		114,897
Total Portfolio Loans	$	7,689,054	$	7,653,341
Loans held for sale	307		153
Total Loans(1)	$	7,689,361	$	7,653,494

(1) Excludes interest receivable of $33.6 million at September 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 September 30, 2024
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Total		% of Portfolio Segment
Commercial real estate	$	12,482	$	—	$	12,482	0.47	%



Consumer real estate	223		—		223		0.01	%

Total(1)	$	12,705	$	—	$	12,705	0.17	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

	Three Months Ended September 30, 2023
(dollars in thousands)	Term Extension		Payment Delays (Other Than Insignificant)		Total		% of Portfolio Segment

Commercial and industrial	$	6,347	$	—	$	6,347	0.45	%




Total(1)	$	6,347	$	—	$	6,347	0.08	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.



	Nine Months Ended September 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	$	12,482	$	—	$	—	$	12,482	0.47	%
Commercial and industrial	9,499		12,340		—		21,839		1.60	%


Consumer real estate	330		—		—		330		0.02	%

Total(1)	$	22,311	$	12,340	$	—	$	34,651	0.45	%
(1) Excludes loans that were fully paid off or fully charged-off by period end.

	Nine Months Ended September 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	$	13,505	$	—	$	—	$	13,505	0.52	%
Commercial and industrial	6,892		—		—		6,892		0.48	%
Commercial construction	1,610		—		—		1,610		0.43	%
Business banking	658		—		—		658		0.05	%
Consumer real estate	62		—		191		253		0.02	%

Total(1)	$	22,727	$	—	$	191	$	22,918	0.30	%
(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 September 30, 2024			Nine Months Ended September 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		3		—		3	—
Commercial and industrial		—		—		11	6


Consumer real estate		99		—		89	—



	Three Months Ended September 30, 2023				Nine Months Ended September 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		0		—			7		—
Commercial and industrial		2		—			6		—
Commercial construction		0		—			5		—
Business banking		0		—			5		—
Consumer real estate		0		—			168		2%

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


	Nonperforming Assets
(dollars in thousands)	September 30, 2024			December 31, 2023
Nonperforming Assets
Nonaccrual Loans		$	31,889		$	22,947
OREO		—			75
Total Nonperforming Assets		$	31,889		$	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 dates presented:


	September 30, 2024
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total
Commercial real estate	$	12,482	$	—	$	—	$	—	$	12,482
Commercial and industrial	14,364		7,475		—		—		21,839

Business banking	107		—		—		—		107
Consumer real estate	223		—		—		107		330

Total	$	27,176	$	7,475	$	—	$	107	$	34,758


	September 30, 2023
(dollars in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total
Commercial real estate	$	13,505	$	—	$	—	$	—	$	13,505
Commercial and industrial	6,447		—		—		445		6,892
Commercial construction	—		1,610		—		—		1,610
Business banking	658		—		—		—		658
Consumer real estate	191		—		62		—		253

Total	$	20,801	$	1,610	$	62	$	445	$	22,918

Summary of Nonperforming Assets

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


	Nonperforming Assets
(dollars in thousands)	September 30, 2024			December 31, 2023
Nonperforming Assets
Nonaccrual Loans		$	31,889		$	22,947
OREO		—			75
Total Nonperforming Assets		$	31,889		$	23,022

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


	September 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	$	14,171	$	989	$	91
Commercial and industrial	878		3,302		386		38
Commercial construction	4,960		3,416		3,031		—
Business banking	4,147		3,903		—		83
Consumer real estate	6,312		6,833		—		289
Other consumer	330		264		—		2
Total	$	22,947	$	31,889	$	4,406	$	503

(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:


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

Commercial Real Estate
Pass	$	122,012	$	285,445	$	368,565	$	410,624	$	215,872	$	1,095,671	$	33,497	$	—	$	2,531,686
Special mention	—		2,000		390		1,853		—		60,814		255		—		65,312
Substandard	—		—		989		—		2,277		58,624		—		—		61,890
Doubtful	—		—		—		—		—		1,928		—		—		1,928
Total Commercial Real Estate	122,012		287,445		369,944		412,477		218,149		1,217,037		33,752		—		2,660,816
Year-to-date Gross Charge-offs	—		—		—		—		—		5,205		—		—		5,205

Commercial and Industrial
Pass	61,210		167,707		215,943		140,454		41,037		191,486		457,970		—		1,275,807
Special mention	—		—		1,306		703		—		7,748		14,149		—		23,906
Substandard	411		1,227		203		21,510		1,275		7,413		31,431		—		63,470
Doubtful	—		—		—		—		—		—		294		—		294
Total Commercial and Industrial	61,621		168,934		217,452		162,667		42,312		206,647		503,844		—		1,363,477
Year-to-date Gross Charge-offs	—		78		—		1,235		—		91		1,032		—		2,436

Commercial Construction
Pass	70,752		116,904		115,703		44,394		12,579		2,858		7,693		—		370,883
Special mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		3,416		—		—		3,416
Doubtful	—		—		—		—		—		—		—		—		—
Total Commercial Construction	70,752		116,904		115,703		44,394		12,579		6,274		7,693		—		374,299
Year-to-date Gross Charge-offs	—		—		—		—		—		—		—		—		—

Business Banking
Pass	103,606		241,984		224,558		176,031		78,046		354,093		88,368		472		1,267,158
Special mention	—		—		296		66		148		4,410		25		274		5,219
Substandard	22		2,325		1,024		3,446		673		10,621		102		490		18,703
Doubtful	—		—		—		—		—		—		—		—		—
Total Business Banking	103,628		244,309		225,878		179,543		78,867		369,124		88,495		1,236		1,291,080
Year-to-date Gross Charge-offs	—		—		31		—		56		286		—		—		373

Consumer Real Estate
Pass	167,541		339,438		326,242		139,304		96,961		229,781		559,635		24,396		1,883,298
Special mention	—		—		—		—		—		1,852		—		—		1,852
Substandard	—		473		44		193		154		4,560		1,091		2,482		8,997
Doubtful	—		—		—		—		—		—		—		—		—
Total Consumer Real Estate	167,541		339,911		326,286		139,497		97,115		236,193		560,726		26,878		1,894,147
Year-to-date Gross Charge-offs	—		—		—		—		9		37		49		992		1,087

Other Consumer
Pass	7,080		7,724		8,305		3,998		2,214		587		69,407		5,719		105,034
Special mention	—		—		—		—		—		—		—				—
Substandard	—		—		—		24		16		158		—		3		201
Doubtful	—		—		—		—		—		—		—		—		—
Total Other Consumer	7,080		7,724		8,305		4,022		2,230		745		69,407		5,722		105,235
Year-to-date Gross Charge-offs	676		18		105		75		19		16		—		213		1,122

Pass	532,201		1,159,202		1,259,316		914,805		446,709		1,874,476		1,216,570		30,587		7,433,866
Special mention	—		2,000		1,992		2,622		148		74,824		14,429		274		96,289
Substandard	433		4,025		2,260		25,173		4,395		84,792		32,624		2,975		156,677
Doubtful	—		—		—		—		—		1,928		294		—		2,222
Total Loan Balance	$	532,634	$	1,165,227	$	1,263,568	$	942,600	$	451,252	$	2,036,020	$	1,263,917	$	33,836	$	7,689,054

Year-to-date Gross Charge-offs	$	676	$	96	$	136	$	1,310	$	84	$	5,635	$	1,081	$	1,205	$	10,223


	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:


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

Commercial Real Estate
Accrual	$	122,012	$	287,445	$	368,955	$	412,477	$	218,149	$	1,203,855	$	33,752	$	—	$	2,646,645
Nonaccrual	—		—		989		—		—		13,182		—		—		14,171
Total Commercial Real Estate	122,012		287,445		369,944		412,477		218,149		1,217,037		33,752		—		2,660,816

Commercial and Industrial
Accrual	61,621		168,895		217,452		162,567		42,312		206,647		500,681		—		1,360,175
Nonaccrual	—		39		—		100		—		—		3,163		—		3,302
Total Commercial and Industrial	61,621		168,934		217,452		162,667		42,312		206,647		503,844		—		1,363,477

Commercial Construction
Accrual	70,752		116,904		115,703		44,394		12,579		2,858		7,693		—		370,883
Nonaccrual	—		—		—		—		—		3,416		—		—		3,416
Total Commercial Construction	70,752		116,904		115,703		44,394		12,579		6,274		7,693		—		374,299

Business Banking
Accrual	103,628		244,123		225,653		179,543		78,694		365,840		88,495		1,201		1,287,177
Nonaccrual	—		186		225		—		173		3,284		—		35		3,903
Total Business Banking	103,628		244,309		225,878		179,543		78,867		369,124		88,495		1,236		1,291,080

Consumer Real Estate
Accrual	167,541		339,438		326,286		139,497		96,453		233,120		559,717		25,262		1,887,314
Nonaccrual	—		473		—		—		662		3,073		1,009		1,616		6,833
Total Consumer Real Estate	167,541		339,911		326,286		139,497		97,115		236,193		560,726		26,878		1,894,147

Other Consumer
Accrual	7,080		7,724		8,305		4,018		2,116		599		69,407		5,722		104,971
Nonaccrual	—		—		—		4		114		146		—		—		264
Total Other Consumer	7,080		7,724		8,305		4,022		2,230		745		69,407		5,722		105,235

Accrual	532,634		1,164,529		1,262,354		942,496		450,303		2,012,919		1,259,745		32,185		7,657,165
Nonaccrual	—		698		1,214		104		949		23,101		4,172		1,651		31,889
Total Loan Balance	$	532,634	$	1,165,227	$	1,263,568	$	942,600	$	451,252	$	2,036,020	$	1,263,917	$	33,836	$	7,689,054


	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:


	September 30, 2024
	Type of Collateral
(dollars in thousands)	Real Estate		Business Assets
Commercial real estate	$	13,822	$	—
Commercial and industrial	—		3,072
Commercial construction	3,031		—



Total	$	16,853	$	3,072


	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:


	September 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	$	2,646,645	$	—	$	—	$	14,171	$	14,171	$	2,660,816
Commercial and industrial	1,352,497		7,678		—		3,302		10,980		1,363,477
Commercial construction	370,883		—		—		3,416		3,416		374,299
Business banking	1,284,828		430		1,919		3,903		6,252		1,291,080
Consumer real estate	1,881,657		2,106		3,551		6,833		12,490		1,894,147
Other consumer	104,716		160		95		264		519		105,235
Total	$	7,641,226	$	10,374	$	5,565	$	31,889	$	47,828	$	7,689,054


	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:


	Three Months Ended September 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	$	37,077	$	34,735	$	5,347	$	10,883	$	15,376	$	2,732	$	106,150

Provision for credit losses on loans(1)	(1,441)		2,184		(945)		252		46		212		308
Charge-offs	—		(1,308)		—		(179)		(616)		(337)		(2,440)
Recoveries	1		113		—		73		40		76		303
Net (Charge-offs)/ Recoveries	1		(1,195)		—		(106)		(576)		(261)		(2,137)
Balance at End of Period	$	35,637	$	35,724	$	4,402	$	11,029	$	14,846	$	2,683	$	104,321
(1) Excludes the provision for credits losses for unfunded commitments.


	Three Months Ended September 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	$	40,837	$	28,328	$	6,739	$	13,616	$	13,418	$	2,819	$	105,757

Provision for credit losses on loans(1)	(1,081)		6,068		93		(15)		896		198		6,159
Charge-offs	—		(3,033)		—		(590)		(107)		(347)		(4,077)
Recoveries	1		161		—		90		42		73		367
Net Recoveries/(Charge-offs)	1		(2,872)		—		(500)		(65)		(274)		(3,710)
Balance at End of Period	$	39,757	$	31,524	$	6,832	$	13,101	$	14,249	$	2,743	$	108,206
(1) Excludes the provision for credit losses for unfunded commitments.



	Nine Months Ended September 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)	2,498		2,715		(980)		(1,610)		1,136		934		4,693
Charge-offs	(5,205)		(2,436)		—		(373)		(1,087)		(1,122)		(10,223)
Recoveries	458		907		—		154		134		232		1,885
Net (Charge-offs)/ Recoveries	(4,747)		(1,529)		—		(219)		(953)		(890)		(8,338)
Balance at End of Period	$	35,637	$	35,724	$	4,402	$	11,029	$	14,846	$	2,683	$	104,321
(1) Excludes the provision for credits losses for unfunded commitments.


	Nine Months Ended September 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)	(2,636)		14,424		351		1,325		1,934		462		15,860
Charge-offs	—		(18,253)		—		(1,252)		(224)		(1,029)		(20,758)
Recoveries	965		9,568		2		230		156		275		11,196
Net Recoveries/(Charge-offs)	965		(8,685)		2		(1,022)		(68)		(754)		(9,562)
Balance at End of Period	$	39,757	$	31,524	$	6,832	$	13,101	$	14,249	$	2,743	$	108,206
(1) Excludes the provision for credits losses for unfunded commitments.