XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2022
Accounts Notes And Loans Receivable [Line Items]  
Loans, Net of Unearned Income The following table presents loans, net of unearned income, by portfolio class at March 31, 2022 and December 31, 2021.

 

 

 

March 31,

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Commercial non-real estate

 

$

9,584,480

 

 

$

9,612,460

 

Commercial real estate - owner occupied

 

 

2,868,233

 

 

 

2,821,246

 

Total commercial and industrial

 

 

12,452,713

 

 

 

12,433,706

 

Commercial real estate - income producing

 

 

3,563,299

 

 

 

3,464,626

 

Construction and land development

 

 

1,286,655

 

 

 

1,228,670

 

Residential mortgages

 

 

2,462,900

 

 

 

2,423,890

 

Consumer

 

 

1,557,774

 

 

 

1,583,390

 

Total loans

 

$

21,323,341

 

 

$

21,134,282

 
Allowance for Credit Losses by Portfolio Class The following tables present activity in the allowance for credit losses (ACL) by portfolio class for the three months ended March 31, 2022 and 2021, as well as the corresponding recorded investment in loans at the end of each period.

 

 

 

 

 

 

Commercial

 

 

Total

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

real estate-

 

 

commercial

 

 

real estate-

 

 

Construction

 

 

 

 

 

 

 

 

 

 

 

 

non-real

 

 

owner

 

 

and

 

 

income

 

 

and land

 

 

Residential

 

 

 

 

 

 

 

(in thousands)

 

estate

 

 

occupied

 

 

industrial

 

 

producing

 

 

development

 

 

mortgages

 

 

Consumer

 

 

Total

 

 

 

Three Months Ended March 31, 2022

 

Allowance for credit losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

95,888

 

 

$

53,433

 

 

$

149,321

 

 

$

108,058

 

 

$

22,102

 

 

$

30,623

 

 

$

31,961

 

 

$

342,065

 

Charge-offs

 

 

(2,659

)

 

 

—

 

 

 

(2,659

)

 

 

(4

)

 

 

—

 

 

 

(42

)

 

 

(2,680

)

 

 

(5,385

)

Recoveries

 

 

2,142

 

 

 

389

 

 

 

2,531

 

 

 

878

 

 

 

68

 

 

 

61

 

 

 

1,528

 

 

 

5,066

 

Net provision for loan losses

 

 

(8,072

)

 

 

(5,361

)

 

 

(13,433

)

 

 

(3,565

)

 

 

(1,082

)

 

 

(4,307

)

 

 

(1,516

)

 

 

(23,903

)

Ending balance - allowance for loan losses

 

$

87,299

 

 

$

48,461

 

 

$

135,760

 

 

$

105,367

 

 

$

21,088

 

 

$

26,335

 

 

$

29,293

 

 

$

317,843

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

4,522

 

 

$

323

 

 

$

4,845

 

 

$

1,694

 

 

$

21,907

 

 

$

22

 

 

$

866

 

 

$

29,334

 

Provision for losses on unfunded commitments

 

 

(246

)

 

 

108

 

 

 

(138

)

 

 

453

 

 

 

474

 

 

 

(3

)

 

 

590

 

 

 

1,376

 

Ending balance - reserve for unfunded lending commitments

 

 

4,276

 

 

 

431

 

 

 

4,707

 

 

 

2,147

 

 

 

22,381

 

 

 

19

 

 

 

1,456

 

 

 

30,710

 

Total allowance for credit losses

 

$

91,575

 

 

$

48,892

 

 

$

140,467

 

 

$

107,514

 

 

$

43,469

 

 

$

26,354

 

 

$

30,749

 

 

$

348,553

 

Allowance for loan losses:

 

 

 

Individually evaluated

 

$

112

 

 

$

32

 

 

$

144

 

 

$

20

 

 

$

20

 

 

$

408

 

 

$

174

 

 

$

766

 

Collectively evaluated

 

 

87,187

 

 

 

48,429

 

 

 

135,616

 

 

 

105,347

 

 

 

21,068

 

 

 

25,927

 

 

 

29,119

 

 

 

317,077

 

Allowance for loan losses

 

$

87,299

 

 

$

48,461

 

 

$

135,760

 

 

$

105,367

 

 

$

21,088

 

 

$

26,335

 

 

$

29,293

 

 

$

317,843

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Collectively evaluated

 

 

4,276

 

 

 

431

 

 

 

4,707

 

 

 

2,147

 

 

 

22,381

 

 

 

19

 

 

 

1,456

 

 

 

30,710

 

Reserve for unfunded lending commitments:

 

$

4,276

 

 

$

431

 

 

$

4,707

 

 

$

2,147

 

 

$

22,381

 

 

$

19

 

 

$

1,456

 

 

$

30,710

 

Total allowance for credit losses

 

$

91,575

 

 

$

48,892

 

 

$

140,467

 

 

$

107,514

 

 

$

43,469

 

 

$

26,354

 

 

$

30,749

 

 

$

348,553

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

1,742

 

 

$

951

 

 

$

2,693

 

 

$

1,309

 

 

$

122

 

 

$

4,534

 

 

$

929

 

 

$

9,587

 

Collectively evaluated

 

 

9,582,738

 

 

 

2,867,282

 

 

 

12,450,020

 

 

 

3,561,990

 

 

 

1,286,533

 

 

 

2,458,366

 

 

 

1,556,845

 

 

 

21,313,754

 

Total loans

 

$

9,584,480

 

 

$

2,868,233

 

 

$

12,452,713

 

 

$

3,563,299

 

 

$

1,286,655

 

 

$

2,462,900

 

 

$

1,557,774

 

 

$

21,323,341

 

 

 

 

 

 

 

Commercial

 

 

Total

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

real estate-

 

 

commercial

 

 

real estate-

 

 

Construction

 

 

 

 

 

 

 

 

 

 

 

 

non-real

 

 

owner

 

 

and

 

 

income

 

 

and land

 

 

Residential

 

 

 

 

 

 

 

(in thousands)

 

estate

 

 

occupied

 

 

industrial

 

 

producing

 

 

development

 

 

mortgages

 

 

Consumer

 

 

Total

 

 

 

Three Months Ended March 31, 2021

 

Allowance for credit losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

149,693

 

 

$

69,134

 

 

$

218,827

 

 

$

109,474

 

 

$

26,462

 

 

$

48,842

 

 

$

46,572

 

 

$

450,177

 

Charge-offs

 

 

(17,512

)

 

 

(347

)

 

 

(17,859

)

 

 

(194

)

 

 

(248

)

 

 

(109

)

 

 

(3,694

)

 

 

(22,104

)

Recoveries

 

 

1,899

 

 

 

37

 

 

 

1,936

 

 

 

—

 

 

 

159

 

 

 

206

 

 

 

1,549

 

 

 

3,850

 

Net provision for loan losses

 

 

(5,144

)

 

 

(2,301

)

 

 

(7,445

)

 

 

6,899

 

 

 

(1,200

)

 

 

(6,420

)

 

 

603

 

 

 

(7,563

)

Ending balance - allowance for loan losses

 

$

128,936

 

 

$

66,523

 

 

$

195,459

 

 

$

116,179

 

 

$

25,173

 

 

$

42,519

 

 

$

45,030

 

 

$

424,360

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

4,529

 

 

$

381

 

 

$

4,910

 

 

$

1,099

 

 

$

22,694

 

 

$

19

 

 

$

1,185

 

 

$

29,907

 

Provision for losses on unfunded commitments

 

 

2,642

 

 

 

131

 

 

 

2,773

 

 

 

439

 

 

 

(617

)

 

 

3

 

 

 

54

 

 

 

2,652

 

Ending balance - reserve for unfunded lending commitments

 

 

7,171

 

 

 

512

 

 

 

7,683

 

 

 

1,538

 

 

 

22,077

 

 

 

22

 

 

 

1,239

 

 

 

32,559

 

Total allowance for credit losses

 

$

136,107

 

 

$

67,035

 

 

$

203,142

 

 

$

117,717

 

 

$

47,250

 

 

$

42,541

 

 

$

46,269

 

 

$

456,919

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

4,564

 

 

$

1,242

 

 

$

5,806

 

 

$

22

 

 

$

21

 

 

$

486

 

 

$

739

 

 

$

7,074

 

Collectively evaluated for impairment

 

 

124,372

 

 

 

65,281

 

 

 

189,653

 

 

 

116,157

 

 

 

25,152

 

 

 

42,033

 

 

 

44,291

 

 

 

417,286

 

Allowance for loan losses

 

$

128,936

 

 

$

66,523

 

 

$

195,459

 

 

$

116,179

 

 

$

25,173

 

 

$

42,519

 

 

$

45,030

 

 

$

424,360

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

 

$

190

 

 

$

51

 

 

$

241

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

 

$

241

 

Collectively evaluated

 

 

6,981

 

 

 

461

 

 

 

7,442

 

 

 

1,538

 

 

 

22,077

 

 

 

22

 

 

 

1,239

 

 

 

32,318

 

Reserve for unfunded lending commitments:

 

$

7,171

 

 

$

512

 

 

$

7,683

 

 

$

1,538

 

 

$

22,077

 

 

$

22

 

 

$

1,239

 

 

$

32,559

 

Total allowance for credit losses

 

$

136,107

 

 

$

67,035

 

 

$

203,142

 

 

$

117,717

 

 

$

47,250

 

 

$

42,541

 

 

$

46,269

 

 

$

456,919

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

 

$

20,132

 

 

$

10,047

 

 

$

30,179

 

 

$

4,363

 

 

$

131

 

 

$

5,241

 

 

$

2,779

 

 

$

42,693

 

Collectively evaluated for impairment

 

 

10,071,210

 

 

 

2,785,057

 

 

 

12,856,267

 

 

 

3,406,665

 

 

 

1,122,010

 

 

 

2,483,551

 

 

 

1,753,673

 

 

 

21,622,166

 

Total loans

 

$

10,091,342

 

 

$

2,795,104

 

 

$

12,886,446

 

 

$

3,411,028

 

 

$

1,122,141

 

 

$

2,488,792

 

 

$

1,756,452

 

 

$

21,664,859

 

 
Composition of Nonaccrual Loans and Without an Allowance for Loan Loss by Portfolio Class

The following table shows the composition of nonaccrual loans and those without an allowance for loan loss, by portfolio class.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

 

 

December 31,

 

 

 

2022

 

 

 

2021

 

(in thousands)

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

Commercial non-real estate

 

$

 

5,312

 

 

$

 

1,247

 

 

$

 

6,974

 

 

$

 

1,264

 

Commercial real estate - owner occupied

 

 

 

2,749

 

 

 

 

716

 

 

 

 

4,921

 

 

 

 

729

 

Total commercial and industrial

 

 

 

8,061

 

 

 

 

1,963

 

 

 

 

11,895

 

 

 

 

1,993

 

Commercial real estate - income producing

 

 

 

1,956

 

 

 

 

1,233

 

 

 

 

5,458

 

 

 

 

5,207

 

Construction and land development

 

 

 

584

 

 

 

 

—

 

 

 

 

844

 

 

 

 

—

 

Residential mortgages

 

 

 

22,744

 

 

 

 

1,287

 

 

 

 

25,439

 

 

 

 

1,997

 

Consumer

 

 

 

9,094

 

 

 

 

5

 

 

 

 

11,887

 

 

 

 

48

 

Total loans

 

$

 

42,439

 

 

$

 

4,488

 

 

$

 

55,523

 

 

$

 

9,245

 
Troubled Debt Restructurings Modified by Portfolio Class

The table below provides detail by portfolio class TDRs that were modified during the three months ended March 31, 2022 and 2021. All such loans are individually evaluated for credit loss.

 

 

Three Months Ended

 

($ in thousands)

 

March 31, 2022

 

 

March 31, 2021

 

Troubled Debt Restructurings:

 

Number
of
Contracts

 

 

Pre-
Modification
Outstanding
Recorded
Investment

 

 

Post-
Modification
Outstanding
Recorded
Investment

 

 

Number
of
Contracts

 

 

Pre-
Modification
Outstanding
Recorded
Investment

 

 

Post-
Modification
Outstanding
Recorded
Investment

 

Commercial non-real estate

 

 

—

 

 

$

—

 

 

$

—

 

 

 

3

 

 

$

6,935

 

 

$

6,935

 

Commercial real estate - owner occupied

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total commercial and industrial

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3

 

 

 

6,935

 

 

 

6,935

 

Commercial real estate - income producing

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Construction and land development

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Residential mortgages

 

 

2

 

 

 

110

 

 

 

115

 

 

 

1

 

 

 

210

 

 

 

210

 

Consumer

 

 

2

 

 

 

73

 

 

 

73

 

 

 

1

 

 

 

54

 

 

 

54

 

Total loans

 

 

4

 

 

$

183

 

 

$

188

 

 

 

5

 

 

$

7,199

 

 

$

7,199

 
Aging Analysis of Past Due Loans by Portfolio Class

The tables below present the aging analysis of past due loans by portfolio class at March 31, 2022 and December 31, 2021.

 

March 31, 2022

 

30-59
days
past due

 

 

60-89
days
past due

 

 

Greater
than
90 days
past due

 

 

Total
past due

 

 

Current

 

 

Total
Loans

 

 

Recorded
investment
> 90 days
and still
accruing

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

 

$

7,206

 

 

$

2,033

 

 

$

5,247

 

 

$

14,486

 

 

$

9,569,994

 

 

$

9,584,480

 

 

$

701

 

Commercial real estate - owner occupied

 

 

2,443

 

 

 

1,245

 

 

 

3,153

 

 

 

6,841

 

 

 

2,861,392

 

 

 

2,868,233

 

 

 

1,721

 

Total commercial and industrial

 

 

9,649

 

 

 

3,278

 

 

 

8,400

 

 

 

21,327

 

 

 

12,431,386

 

 

 

12,452,713

 

 

 

2,422

 

Commercial real estate - income producing

 

 

1,769

 

 

 

9

 

 

 

1,870

 

 

 

3,648

 

 

 

3,559,651

 

 

 

3,563,299

 

 

 

—

 

Construction and land development

 

 

8,470

 

 

 

99

 

 

 

333

 

 

 

8,902

 

 

 

1,277,753

 

 

 

1,286,655

 

 

 

3

 

Residential mortgages

 

 

29,874

 

 

 

2,766

 

 

 

9,723

 

 

 

42,363

 

 

 

2,420,537

 

 

 

2,462,900

 

 

 

209

 

Consumer

 

 

7,093

 

 

 

2,743

 

 

 

4,666

 

 

 

14,502

 

 

 

1,543,272

 

 

 

1,557,774

 

 

 

1,634

 

Total

 

$

56,855

 

 

$

8,895

 

 

$

24,992

 

 

$

90,742

 

 

$

21,232,599

 

 

$

21,323,341

 

 

$

4,268

 

 

December 31, 2021

 

30-59
days
past due

 

 

60-89
days
past due

 

 

Greater
than
90 days
past due

 

 

Total
past due

 

 

Current

 

 

Total
Loans

 

 

Recorded
investment
> 90 days
and still
accruing

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial non-real estate

 

$

8,381

 

 

$

3,123

 

 

$

7,041

 

 

$

18,545

 

 

$

9,593,915

 

 

$

9,612,460

 

 

$

2,818

 

Commercial real estate - owner occupied

 

 

704

 

 

 

653

 

 

 

1,563

 

 

 

2,920

 

 

 

2,818,326

 

 

 

2,821,246

 

 

 

142

 

Total commercial and industrial

 

 

9,085

 

 

 

3,776

 

 

 

8,604

 

 

 

21,465

 

 

 

12,412,241

 

 

 

12,433,706

 

 

 

2,960

 

Commercial real estate - income producing

 

 

281

 

 

 

107

 

 

 

5,307

 

 

 

5,695

 

 

 

3,458,931

 

 

 

3,464,626

 

 

 

—

 

Construction and land development

 

 

2,624

 

 

 

1,022

 

 

 

587

 

 

 

4,233

 

 

 

1,224,437

 

 

 

1,228,670

 

 

 

83

 

Residential mortgages

 

 

23,306

 

 

 

4,638

 

 

 

15,339

 

 

 

43,283

 

 

 

2,380,607

 

 

 

2,423,890

 

 

 

310

 

Consumer

 

 

6,806

 

 

 

2,805

 

 

 

7,447

 

 

 

17,058

 

 

 

1,566,332

 

 

 

1,583,390

 

 

 

2,171

 

Total

 

$

42,102

 

 

$

12,348

 

 

$

37,284

 

 

$

91,734

 

 

$

21,042,548

 

 

$

21,134,282

 

 

$

5,524

 
Credit Quality Indicators by Segment and Portfolio Class

The following tables presents credit quality disclosures of amortized cost by segment and vintage for term loans and by revolving and revolving converted to amortizing at March 31, 2022 and December 31, 2021. The Company defines vintage as the later of origination, renewal or restructure date.

 

 

Term Loans

 

 

 

 

 

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

 

 

 

 

March 31, 2022

 

2022

 

 

2021

 

 

2020

 

 

2019

 

 

2018

 

 

Prior

 

 

Revolving Loans

 

 

Revolving Loans Converted to Term Loans

 

 

Total

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

1,326,731

 

 

$

4,549,370

 

 

$

2,750,447

 

 

$

1,801,058

 

 

$

1,068,711

 

 

$

2,043,133

 

 

$

3,072,931

 

 

$

74,369

 

 

$

16,686,749

 

Pass-Watch

 

 

21,757

 

 

 

57,011

 

 

 

24,746

 

 

 

42,969

 

 

 

43,367

 

 

 

79,352

 

 

 

59,453

 

 

 

4,792

 

 

 

333,448

 

Special Mention

 

 

4,110

 

 

 

13,566

 

 

 

5,128

 

 

 

8,612

 

 

 

12,472

 

 

 

12,378

 

 

 

19,536

 

 

 

456

 

 

 

76,258

 

Substandard

 

 

31,450

 

 

 

24,783

 

 

 

36,877

 

 

 

37,591

 

 

 

15,382

 

 

 

36,110

 

 

 

23,046

 

 

 

973

 

 

 

206,212

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total Commercial Loans

 

$

1,384,048

 

 

$

4,644,730

 

 

$

2,817,198

 

 

$

1,890,230

 

 

$

1,139,932

 

 

$

2,170,973

 

 

$

3,174,966

 

 

$

80,590

 

 

$

17,302,667

 

Residential Mortgage and Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

$

170,543

 

 

$

557,335

 

 

$

486,997

 

 

$

314,321

 

 

$

197,414

 

 

$

1,131,990

 

 

$

1,123,451

 

 

$

4,492

 

 

$

3,986,543

 

Nonperforming

 

 

30

 

 

 

1,250

 

 

 

1,027

 

 

 

2,299

 

 

 

3,360

 

 

 

25,096

 

 

 

746

 

 

 

323

 

 

 

34,131

 

Total Consumer Loans

 

$

170,573

 

 

$

558,585

 

 

$

488,024

 

 

$

316,620

 

 

$

200,774

 

 

$

1,157,086

 

 

$

1,124,197

 

 

$

4,815

 

 

$

4,020,674

 

 

 

Term Loans

 

 

 

 

 

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

 

 

 

 

December 31, 2021

 

2021

 

 

2020

 

 

2019

 

 

2018

 

 

2017

 

 

Prior

 

 

Revolving
Loans

 

 

Revolving
Loans
Converted
to Term
Loans

 

 

Total

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

4,946,459

 

 

$

3,008,160

 

 

$

2,035,849

 

 

$

1,212,306

 

 

$

937,639

 

 

$

1,296,382

 

 

$

3,002,064

 

 

$

80,535

 

 

$

16,519,394

 

Pass-Watch

 

 

68,421

 

 

 

19,467

 

 

 

31,598

 

 

 

45,846

 

 

 

27,188

 

 

 

69,310

 

 

 

52,850

 

 

 

5,714

 

 

 

320,394

 

Special
   Mention

 

 

17,536

 

 

 

2,683

 

 

 

10,296

 

 

 

12,410

 

 

 

10,669

 

 

 

3,656

 

 

 

9,603

 

 

 

6,243

 

 

 

73,096

 

Substandard

 

 

43,895

 

 

 

43,494

 

 

 

36,763

 

 

 

14,664

 

 

 

28,337

 

 

 

16,125

 

 

 

20,358

 

 

 

10,482

 

 

 

214,118

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total Commercial
   Loans

 

$

5,076,311

 

 

$

3,073,804

 

 

$

2,114,506

 

 

$

1,285,226

 

 

$

1,003,833

 

 

$

1,385,473

 

 

$

3,084,875

 

 

$

102,974

 

 

$

17,127,002

 

Residential Mortgage and Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

$

580,813

 

 

$

467,497

 

 

$

355,833

 

 

$

223,494

 

 

$

320,344

 

 

$

892,361

 

 

$

1,120,461

 

 

$

5,995

 

 

$

3,966,798

 

Nonperforming

 

 

565

 

 

 

951

 

 

 

2,018

 

 

 

4,465

 

 

 

4,719

 

 

 

24,365

 

 

 

1,432

 

 

 

1,967

 

 

 

40,482

 

Total Consumer
   Loans

 

$

581,378

 

 

$

468,448

 

 

$

357,851

 

 

$

227,959

 

 

$

325,063

 

 

$

916,726

 

 

$

1,121,893

 

 

$

7,962

 

 

$

4,007,280

 
Total Commercial [Member]  
Accounts Notes And Loans Receivable [Line Items]  
Credit Quality Indicators by Segment and Portfolio Class

The following tables present the credit quality indicators by segment and portfolio class of loans at March 31, 2022 and December 31, 2021. The Company routinely assesses the ratings of loans in its portfolio through an established and comprehensive portfolio management process.

 

 

 

March 31, 2022

 

(in thousands)

 

Commercial
non-real
estate

 

 

Commercial
real estate -
owner-
occupied

 

 

Total
commercial
and industrial

 

 

Commercial
real estate -
income
producing

 

 

Construction
and land
development

 

 

Total
commercial

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

9,223,834

 

 

$

2,707,795

 

 

$

11,931,629

 

 

$

3,494,699

 

 

$

1,260,421

 

 

$

16,686,749

 

Pass-Watch

 

 

186,008

 

 

 

72,436

 

 

 

258,444

 

 

 

50,088

 

 

 

24,916

 

 

 

333,448

 

Special Mention

 

 

52,307

 

 

 

19,770

 

 

 

72,077

 

 

 

3,615

 

 

 

566

 

 

 

76,258

 

Substandard

 

 

122,331

 

 

 

68,232

 

 

 

190,563

 

 

 

14,897

 

 

 

752

 

 

 

206,212

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

9,584,480

 

 

$

2,868,233

 

 

$

12,452,713

 

 

$

3,563,299

 

 

$

1,286,655

 

 

$

17,302,667

 

 

 

 

December 31, 2021

 

(in thousands)

 

Commercial
non-real
estate

 

 

Commercial
real estate -
owner-
occupied

 

 

Total
commercial
and industrial

 

 

Commercial
real estate -
income
producing

 

 

Construction
and land
development

 

 

Total
commercial

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

9,279,719

 

 

$

2,650,399

 

 

$

11,930,118

 

 

$

3,373,099

 

 

$

1,216,177

 

 

$

16,519,394

 

Pass-Watch

 

 

157,815

 

 

 

86,133

 

 

 

243,948

 

 

 

67,157

 

 

 

9,289

 

 

 

320,394

 

Special Mention

 

 

43,344

 

 

 

23,377

 

 

 

66,721

 

 

 

4,466

 

 

 

1,909

 

 

 

73,096

 

Substandard

 

 

131,582

 

 

 

61,337

 

 

 

192,919

 

 

 

19,904

 

 

 

1,295

 

 

 

214,118

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

9,612,460

 

 

$

2,821,246

 

 

$

12,433,706

 

 

$

3,464,626

 

 

$

1,228,670

 

 

$

17,127,002

 
Residential Mortgage and Consumer [Member]  
Accounts Notes And Loans Receivable [Line Items]  
Credit Quality Indicators by Segment and Portfolio Class

 

 

March 31, 2022

 

 

December 31, 2021

 

(in thousands)

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

Performing

 

$

2,438,792

 

 

$

1,547,751

 

 

$

3,986,543

 

 

$

2,396,282

 

 

$

1,570,516

 

 

$

3,966,798

 

Nonperforming

 

 

24,108

 

 

 

10,023

 

 

 

34,131

 

 

 

27,608

 

 

 

12,874

 

 

 

40,482

 

Total

 

$

2,462,900

 

 

$

1,557,774

 

 

$

4,020,674

 

 

$

2,423,890

 

 

$

1,583,390

 

 

$

4,007,280