XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2
Loans and Allowance for Credit Losses (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2022 and December 31, 2021.

 

 

 

September 30,

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Commercial non-real estate

 

$

9,905,427

 

 

$

9,612,460

 

Commercial real estate - owner occupied

 

 

3,033,133

 

 

 

2,821,246

 

Total commercial and industrial

 

 

12,938,560

 

 

 

12,433,706

 

Commercial real estate - income producing

 

 

3,686,540

 

 

 

3,464,626

 

Construction and land development

 

 

1,541,257

 

 

 

1,228,670

 

Residential mortgages

 

 

2,843,723

 

 

 

2,423,890

 

Consumer

 

 

1,575,505

 

 

 

1,583,390

 

Total loans

 

$

22,585,585

 

 

$

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 nine months ended September 30, 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

 

 

Nine Months Ended September 30, 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

 

(6,366

)

 

(946

)

 

(7,312

)

 

(1,066

)

 

(3

)

 

(102

)

 

(9,464

)

 

(17,947

)

Recoveries

 

9,460

 

 

606

 

 

10,066

 

 

878

 

 

132

 

 

1,463

 

 

4,479

 

 

17,018

 

Net provision for loan losses

 

(4,176

)

 

(5,076

)

 

(9,252

)

 

(30,458

)

 

4,516

 

 

(1,037

)

 

1,211

 

 

(35,020

)

Ending balance - allowance for loan losses

$

94,806

 

$

48,017

 

$

142,823

 

$

77,412

 

$

26,747

 

$

30,947

 

$

28,187

 

$

306,116

 

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

 

238

 

 

10

 

 

248

 

 

(205

)

 

3,602

 

 

(5

)

 

494

 

 

4,134

 

Ending balance - reserve for unfunded lending commitments

 

4,760

 

 

333

 

 

5,093

 

 

1,489

 

 

25,509

 

 

17

 

 

1,360

 

 

33,468

 

Total allowance for credit losses

$

99,566

 

$

48,350

 

$

147,916

 

$

78,901

 

$

52,256

 

$

30,964

 

$

29,547

 

$

339,584

 

Allowance for loan losses:

 

 

 

 

 

 

 

Individually evaluated

$

71

 

$

31

 

$

102

 

$

17

 

$

19

 

$

276

 

$

102

 

$

516

 

Collectively evaluated

 

94,735

 

 

47,986

 

 

142,721

 

 

77,395

 

 

26,728

 

 

30,671

 

 

28,085

 

 

305,600

 

Allowance for loan losses

$

94,806

 

$

48,017

 

$

142,823

 

$

77,412

 

$

26,747

 

$

30,947

 

$

28,187

 

$

306,116

 

Reserve for unfunded lending commitments:

 

 

 

 

 

Individually evaluated

$

3

 

$

—

 

$

3

 

$

—

 

$

—

 

$

—

 

$

—

 

$

3

 

Collectively evaluated

 

4,757

 

 

333

 

 

5,090

 

 

1,489

 

 

25,509

 

 

17

 

 

1,360

 

 

33,465

 

Reserve for unfunded lending commitments:

$

4,760

 

$

333

 

$

5,093

 

$

1,489

 

$

25,509

 

$

17

 

$

1,360

 

$

33,468

 

Total allowance for credit losses

$

99,566

 

$

48,350

 

$

147,916

 

$

78,901

 

$

52,256

 

$

30,964

 

$

29,547

 

$

339,584

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

$

1,282

 

$

929

 

$

2,211

 

$

1,270

 

$

118

 

$

3,680

 

$

527

 

$

7,806

 

Collectively evaluated

 

9,904,145

 

 

3,032,204

 

 

12,936,349

 

 

3,685,270

 

 

1,541,139

 

 

2,840,043

 

 

1,574,978

 

 

22,577,779

 

Total loans

$

9,905,427

 

$

3,033,133

 

$

12,938,560

 

$

3,686,540

 

$

1,541,257

 

$

2,843,723

 

$

1,575,505

 

$

22,585,585

 

 

 

 

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

 

 

Nine Months Ended September 30, 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

 

(32,369

)

 

(1,722

)

 

(34,091

)

 

(231

)

 

(267

)

 

(218

)

 

(9,874

)

 

(44,681

)

Recoveries

 

6,579

 

 

363

 

 

6,942

 

 

100

 

 

1,548

 

 

933

 

 

4,636

 

 

14,159

 

Net provision for loan losses

 

(17,594

)

 

(10,642

)

 

(28,236

)

 

11,752

 

 

(5,167

)

 

(18,484

)

 

(7,999

)

 

(48,134

)

Ending balance - allowance for loan losses

$

106,309

 

$

57,133

 

$

163,442

 

$

121,095

 

$

22,576

 

$

31,073

 

$

33,335

 

$

371,521

 

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

 

(176

)

 

(131

)

 

(307

)

 

124

 

 

(383

)

 

(8

)

 

(387

)

 

(961

)

Ending balance - reserve for unfunded lending commitments

 

4,353

 

 

250

 

 

4,603

 

 

1,223

 

 

22,311

 

 

11

 

 

798

 

 

28,946

 

Total allowance for credit losses

$

110,662

 

$

57,383

 

$

168,045

 

$

122,318

 

$

44,887

 

$

31,084

 

$

34,133

 

$

400,467

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses:

 

 

 

 

 

 

 

Individually evaluated

$

113

 

$

33

 

$

146

 

$

20

 

$

20

 

$

447

 

$

202

 

$

835

 

Collectively evaluated

 

106,196

 

 

57,100

 

 

163,296

 

 

121,075

 

 

22,556

 

 

30,626

 

 

33,133

 

 

370,686

 

Allowance for loan losses

$

106,309

 

$

57,133

 

$

163,442

 

$

121,095

 

$

22,576

 

$

31,073

 

$

33,335

 

$

371,521

 

Reserve for unfunded lending commitments:

 

 

 

 

 

 

 

Individually evaluated

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

Collectively evaluated

 

4,353

 

 

250

 

 

4,603

 

 

1,223

 

 

22,311

 

 

11

 

 

798

 

 

28,946

 

Reserve for unfunded lending commitments:

$

4,353

 

$

250

 

$

4,603

 

$

1,223

 

$

22,311

 

$

11

 

$

798

 

$

28,946

 

Total allowance for credit losses

$

110,662

 

$

57,383

 

$

168,045

 

$

122,318

 

$

44,887

 

$

31,084

 

$

34,133

 

$

400,467

 

Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated

$

5,929

 

$

5,618

 

$

11,547

 

$

4,004

 

$

127

 

$

5,083

 

$

1,315

 

$

22,076

 

Collectively evaluated

 

9,411,061

 

 

2,807,308

 

 

12,218,369

 

 

3,463,935

 

 

1,213,864

 

 

2,345,970

 

 

1,621,801

 

 

20,863,939

 

Total loans

$

9,416,990

 

$

2,812,926

 

$

12,229,916

 

$

3,467,939

 

$

1,213,991

 

$

2,351,053

 

$

1,623,116

 

$

20,886,015

 
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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

 

December 31, 2021

 

(in thousands)

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

 

 

Total nonaccrual

 

 

 

Nonaccrual without allowance for loan loss

 

Commercial non-real estate

 

$

 

4,528

 

 

$

 

965

 

 

$

 

6,974

 

 

$

 

1,264

 

Commercial real estate - owner occupied

 

 

 

2,237

 

 

 

 

701

 

 

 

 

4,921

 

 

 

 

729

 

Total commercial and industrial

 

 

 

6,765

 

 

 

 

1,666

 

 

 

 

11,895

 

 

 

 

1,993

 

Commercial real estate - income producing

 

 

 

1,883

 

 

 

 

1,200

 

 

 

 

5,458

 

 

 

 

5,207

 

Construction and land development

 

 

 

353

 

 

 

 

—

 

 

 

 

844

 

 

 

 

—

 

Residential mortgages

 

 

 

24,283

 

 

 

 

1,890

 

 

 

 

25,439

 

 

 

 

1,997

 

Consumer

 

 

 

6,523

 

 

 

 

—

 

 

 

 

11,887

 

 

 

 

48

 

Total loans

 

$

 

39,807

 

 

$

 

4,756

 

 

$

 

55,523

 

 

$

 

9,245

 
Troubled Debt Restructurings Modified by Portfolio Class

The tables below provide detail by portfolio class TDRs that were modified during the three and nine months ended September 30, 2022 and 2021.

 

 

Three Months Ended

 

 

 

September 30, 2022

 

 

September 30, 2021

 


($ in thousands)
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

 

 

—

 

 

$

—

 

 

$

—

 

 

 

—

 

 

$

—

 

 

$

—

 

Commercial real estate - owner occupied

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total commercial and industrial

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Commercial real estate - income producing

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Construction and land development

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Residential mortgages

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

 

 

196

 

 

 

196

 

Consumer

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total loans

 

 

—

 

$

 

—

 

$

 

—

 

 

 

1

 

 

$

196

 

 

$

196

 

 

 

 

Nine Months Ended

 

 

 

September 30, 2022

 

 

September 30, 2021

 

 

 

 

 

 

Pre-
Modification

 

 

Post-
Modification

 

 

 

 

 

Pre-
Modification

 

 

Post-
Modification

 

 

 

Number

 

 

Outstanding

 

 

Outstanding

 

 

Number

 

 

Outstanding

 

 

Outstanding

 

($ in thousands)

 

of

 

 

Recorded

 

 

Recorded

 

 

of

 

 

Recorded

 

 

Recorded

 

Troubled Debt Restructurings:

 

Contracts

 

 

Investment

 

 

Investment

 

 

Contracts

 

 

Investment

 

 

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

 

 

3

 

 

 

148

 

 

 

153

 

 

 

3

 

 

 

515

 

 

 

538

 

Consumer

 

 

3

 

 

 

76

 

 

 

76

 

 

 

4

 

 

 

86

 

 

 

86

 

Total loans

 

 

6

 

 

$

224

 

 

$

229

 

 

 

10

 

 

$

7,536

 

 

$

7,559

 
Aging Analysis of Past Due Loans by Portfolio Class

The tables below present the aging analysis of past due loans by portfolio class at September 30, 2022 and December 31, 2021.

 

September 30, 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

$

26,101

 

$

5,828

 

$

4,367

 

$

36,296

 

$

9,869,131

 

$

9,905,427

 

$

540

 

Commercial real estate - owner occupied

 

8,626

 

 

756

 

 

910

 

 

10,292

 

 

3,022,841

 

 

3,033,133

 

 

540

 

Total commercial and industrial

 

34,727

 

 

6,584

 

 

5,277

 

 

46,588

 

 

12,891,972

 

 

12,938,560

 

 

1,080

 

Commercial real estate - income producing

 

111

 

 

—

 

 

1,308

 

 

1,419

 

 

3,685,121

 

 

3,686,540

 

 

—

 

Construction and land development

 

136

 

 

496

 

 

195

 

 

827

 

 

1,540,430

 

 

1,541,257

 

 

176

 

Residential mortgages

 

5,855

 

 

8,762

 

 

17,051

 

 

31,668

 

 

2,812,055

 

 

2,843,723

 

 

112

 

Consumer

 

5,365

 

 

2,640

 

 

3,545

 

 

11,550

 

 

1,563,955

 

 

1,575,505

 

 

1,232

 

Total

$

46,194

 

$

18,482

 

$

27,376

 

$

92,052

 

$

22,493,533

 

$

22,585,585

 

$

2,600

 

 

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 present credit quality disclosures of amortized cost by segment and vintage for term loans and by revolving and revolving converted to amortizing at September 30, 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

 

 

 

 

 

 

 

 

September 30, 2022

 

2022

 

 

2021

 

 

2020

 

 

2019

 

 

2018

 

 

Prior

 

 

Revolving Loans

 

 

Revolving Loans Converted to Term Loans

 

 

Total

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

$

3,769,590

 

 

$

3,810,862

 

 

$

2,297,865

 

 

$

1,537,650

 

 

$

854,345

 

 

$

1,695,383

 

 

$

3,355,846

 

 

$

99,165

 

 

$

17,420,706

 

Pass-Watch

 

 

42,903

 

 

 

94,955

 

 

 

52,211

 

 

 

48,653

 

 

 

37,491

 

 

 

71,871

 

 

 

73,217

 

 

 

19,956

 

 

 

441,257

 

Special Mention

 

 

32,940

 

 

 

11,387

 

 

 

26,631

 

 

 

3,732

 

 

 

1,507

 

 

 

5,787

 

 

 

5,814

 

 

 

30

 

 

 

87,828

 

Substandard

 

 

48,755

 

 

 

21,437

 

 

 

14,430

 

 

 

30,482

 

 

 

23,389

 

 

 

25,043

 

 

 

48,842

 

 

 

4,188

 

 

 

216,566

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total Commercial Loans

 

$

3,894,188

 

 

$

3,938,641

 

 

$

2,391,137

 

 

$

1,620,517

 

 

$

916,732

 

 

$

1,798,084

 

 

$

3,483,719

 

 

$

123,339

 

 

$

18,166,357

 

Residential Mortgage and Consumer Loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

$

549,415

 

 

$

662,455

 

 

$

543,996

 

 

$

272,160

 

 

$

161,093

 

 

$

997,873

 

 

$

1,195,933

 

 

$

4,002

 

 

$

4,386,927

 

Nonperforming

 

 

835

 

 

 

2,109

 

 

 

901

 

 

 

1,836

 

 

 

2,346

 

 

 

22,644

 

 

 

588

 

 

 

1,042

 

 

 

32,301

 

Total Consumer Loans

 

$

550,250

 

 

$

664,564

 

 

$

544,897

 

 

$

273,996

 

 

$

163,439

 

 

$

1,020,517

 

 

$

1,196,521

 

 

$

5,044

 

 

$

4,419,228

 

 

 

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 September 30, 2022 and December 31, 2021. The Company routinely assesses the ratings of loans in its portfolio through an established and comprehensive portfolio management process.

 

 

 

September 30, 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

 

$

9,367,084

 

 

$

2,894,509

 

 

$

12,261,593

 

 

$

3,637,570

 

 

$

1,521,543

 

 

$

17,420,706

 

Pass-Watch

 

 

323,459

 

 

 

59,855

 

 

 

383,314

 

 

 

38,968

 

 

 

18,975

 

 

 

441,257

 

Special Mention

 

 

75,801

 

 

 

5,945

 

 

 

81,746

 

 

 

5,916

 

 

 

166

 

 

 

87,828

 

Substandard

 

 

139,083

 

 

 

72,824

 

 

 

211,907

 

 

 

4,086

 

 

 

573

 

 

 

216,566

 

Doubtful

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

9,905,427

 

 

$

3,033,133

 

 

$

12,938,560

 

 

$

3,686,540

 

 

$

1,541,257

 

 

$

18,166,357

 

 

 

 

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

 

 

September 30, 2022

 

 

December 31, 2021

 

(in thousands)

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

 

Residential
mortgage

 

 

Consumer

 

 

Total

 

Performing

 

$

2,818,424

 

 

$

1,568,503

 

 

$

4,386,927

 

 

$

2,396,282

 

 

$

1,570,516

 

 

$

3,966,798

 

Nonperforming

 

 

25,299

 

 

 

7,002

 

 

 

32,301

 

 

 

27,608

 

 

 

12,874

 

 

 

40,482

 

Total

 

$

2,843,723

 

 

$

1,575,505

 

 

$

4,419,228

 

 

$

2,423,890

 

 

$

1,583,390

 

 

$

4,007,280