XML 61 R34.htm IDEA: XBRL DOCUMENT v3.25.4
LOANS, ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Schedule of Internal Risk-Rating Categories for the Company's Commercial Portfolio
 December 31, 2025
20252024202320222021PriorRevolving Loans
Revolving converted to Term(1)
Total(2)
 (Dollars in thousands)
Commercial and
industrial
Pass $1,050,723 $674,956 $427,794 $408,646 $310,331 $777,748 $802,675 $— $4,452,873 
Special Mention22,454 8,171 7,458 4,700 10,241 7,253 17,091 — 77,368 
Substandard28,004 15,826 445 5,045 2,358 2,306 27,544 — 81,528 
Doubtful— — 20 — — — — — 20 
Loss— — — — — — — — — 
Total commercial and industrial$1,101,181 $698,953 $435,717 $418,391 $322,930 $787,307 $847,310 $— $4,611,789 
Current-period gross write-offs$— $42 $62 $98 $900 $76 $7,635 $8,813 
Commercial real estate
Pass $1,254,204 $868,351 $991,179 $1,233,528 $1,212,646 $2,323,268 $153,939 $— $8,037,115 
Special Mention56,300 20,655 9,865 697 4,052 29,328 197 — 121,094 
Substandard25,600 32,514 20,927 1,326 10,291 4,266 — — 94,924 
Doubtful22,275 — — — — — — — 22,275 
Loss— — — — — — — — — 
Total commercial real estate$1,358,379 $921,520 $1,021,971 $1,235,551 $1,226,989 $2,356,862 $154,136 $— $8,275,408 
Current-period gross write-offs$8,126 $— $26,862 $— $7,089 $1,335 $— $— $43,412 
Commercial construction
Pass $509,630 $362,300 $237,679 $69,779 $62,752 $23,781 $57,615 $— $1,323,536 
Special Mention29,634 29,516 — — — — — — 59,150 
Substandard9,822 848 — — — 2,992 — — 13,662 
Doubtful— — — 2,845 — — — — 2,845 
Loss— — — — — — — — — 
Total commercial construction$549,086 $392,664 $237,679 $72,624 $62,752 $26,773 $57,615 $— $1,399,193 
Current-period gross write-offs$— $— $— $— $— $— $— $— $— 
Residential real estate
Pass$273,907 $252,544 $487,064 $640,426 $405,352 $807,275 $— $— $2,866,568 
Default— — 742 1,626 301 4,206 — — 6,875 
Total residential real estate$273,907 $252,544 $487,806 $642,052 $405,653 $811,481 $— $— $2,873,443 
Current-period gross write-offs$— $— $— $— $— $— $— $— $— 
Home equity
Pass$10,970 $13,118 $18,339 $29,574 $43,928 $145,224 $1,011,854 $21,027 $1,294,034 
Default— — — — — 587 2,991 50 3,628 
Total home equity$10,970 $13,118 $18,339 $29,574 $43,928 $145,811 $1,014,845 $21,077 $1,297,662 
Current-period gross write-offs$— $— $— $— $— $— $96 $— $96 
Other consumer(3)
Pass$1,395 $1,781 $1,570 $906 $868 $1,067 $38,693 $— $46,280 
Default— — — — — — 2 — 2 
Total other consumer$1,395 $1,781 $1,570 $906 $868 $1,067 $38,695 $— $46,282 
Current-period gross write-offs$4,428 $22 $10 $— $— $— $23 $— $4,483 
Total$3,294,918 $2,280,580 $2,203,082 $2,399,098 $2,063,120 $4,129,301 $2,112,601 $21,077 $18,503,777 
Total current-period gross write-offs$12,554 $64 $26,934 $98 $7,989 $1,411 $7,754 $— $56,804 
December 31, 2024
20242023202220212020PriorRevolving Loans
Revolving converted to Term(1)
Total(2)
(Dollars in thousands)
Commercial and
industrial
Pass$729,519 $330,362 $378,428 $261,526 $180,076 $525,457 $673,733 $1,118 $3,080,219 
Special Mention18,600 554 2,410 10,724 964 2,676 41,534 — 77,462 
Substandard17,132 4,454 5,339 27,642 319 351 21,885 — 77,122 
Doubtful— — — — — — 11,652 — 11,652 
Loss— — — — — — — — — 
Total commercial and industrial$765,251 $335,370 $386,177 $299,892 $181,359 $528,484 $748,804 $1,118 $3,246,455 
Current-period gross write-offs$48 $39 $35 $54 $— $— $6,417 $— $6,593 
Commercial real estate
Pass$792,092 $883,190 $924,422 $1,050,867 $1,006,088 $1,828,952 $101,389 $241 $6,587,241 
Special Mention16,243 6,037 — 760 — 60,184 198 — 83,422 
Substandard53,532 13,017 12,967 10,145 916 5,836 — — 96,413 
Doubtful— 53,752 — 11,660 — 7,217 — — 72,629 
Loss— — — — — — — — — 
Total commercial real estate$861,867 $955,996 $937,389 $1,073,432 $1,007,004 $1,902,189 $101,587 $241 $6,839,705 
Current-period gross write-offs$— $— $— $— $— $— $— $— $— 
Commercial construction
Pass$288,979 $173,856 $130,245 $62,972 $— $24,583 $32,077 $1,756 $714,468 
Special Mention— 2,316 15,622 9,078 — — — — 27,016 
Substandard31,549 — 9,045 — — — — — 40,594 
Doubtful— — — — — — — — — 
Loss— — — — — — — — — 
Total commercial construction$320,528 $176,172 $154,912 $72,050 $— $24,583 $32,077 $1,756 $782,078 
Current-period gross write-offs$— $— $— $— $— $— $— $— $— 
Residential real estate
Pass$197,985 $472,546 $607,105 $381,182 $173,047 $625,111 $— $— $2,456,976 
Default— 209 636 373 742 1,664 — — 3,624 
Total residential real estate$197,985 $472,755 $607,741 $381,555 $173,789 $626,775 $— $— $2,460,600 
Current-period gross write-offs$— $— $— $— $— $— $— $— $— 
Home equity
Pass$14,888 $24,020 $32,577 $49,290 $45,322 $127,029 $829,688 $16,229 $1,139,043 
Default— — — — — 226 803 96 1,125 
Total home equity$14,888 $24,020 $32,577 $49,290 $45,322 $127,255 $830,491 $16,325 $1,140,168 
Current-period gross write-offs$— $— $— $— $— $— $241 $139 $380 
Other consumer(3)
Pass$651 $445 $151 $599 $211 $1,158 $36,157 $— $39,372 
Default— — — — — — — — — 
Total other consumer$651 $445 $151 $599 $211 $1,158 $36,157 $— $39,372 
Current-period gross write-offs$3,339 $— $— $— $— $19 $16 $— $3,374 
Total$2,161,170 $1,964,758 $2,118,947 $1,876,818 $1,407,685 $3,210,444 $1,749,116 $19,440 $14,508,378 
Total current-period gross write-offs$3,387 $39 $35 $54 $— $19 $6,674 $139 $10,347 
(1)Amounts presented represent the amortized cost as of December 31, 2025 and December 31, 2024 of revolving loans that were converted to term loans during the twelve months then ended, respectively.
(2)Loan origination dates in the tables above reflect the original date, or the date of a material modification of a previously originated loan, for both organic originations and acquired loans.
(3)Other consumer portfolio is inclusive of deposit account overdrafts recorded as loan balances and the associated gross write-offs.
Financing Receivable Credit Quality Indicators for Consumer and Residential Portfolio's
December 31
2025		December 31
2024
Residential portfolio
FICO score (re-scored) (1)
754 755 
LTV (re-valued) (2)
57.2 %57.9 %
Home equity portfolio
FICO score (re-scored) (1)
769 769 
LTV (re-valued) (2)(3)
45.3 %43.9 %
(1)The average FICO scores at December 31, 2025 are based upon rescores from December 2025, as available for previously originated loans, or origination score data for loans booked in December 2025.  The average FICO scores at December 31, 2024 were based upon rescores from December 2024, as available for previously originated loans, or origination score data for loans booked in December 2024.
(2)The combined LTV ratios for December 31, 2025 are based upon updated automated valuations as of November 2025, when available, and/or the most current valuation data available.  The combined LTV ratios for December 31, 2024 were based upon updated automated valuations as of November 2024, when available, and/or the most current valuation data available as of such date.  The updated automated valuations provide new information on loans that may be available since the previous valuation was obtained.  If no new information is available, the valuation will default to the previously obtained data or most recent appraisal.
(3)For home equity loans and lines in a subordinate lien, the LTV data represents a combined LTV, taking into account the senior lien data for loans and lines.
Financing Receivable, Nonaccrual
The following table shows information regarding non-accrual loans at the dates indicated:
Non-accrual Balances
December 31, 2025December 31, 2024
With Allowance for Credit LossesWithout Allowance for Credit Losses (1)Total With Allowance for Credit LossesWithout Allowance for Credit Losses (1)Total
 (Dollars in thousands)
Commercial and industrial$8,173 $987 $9,160 $2,802 $11,652 $14,454 
Commercial real estate26,674 23,841 50,515 67,126 7,217 74,343 
Commercial construction848 2,845 3,693 — — — 
Residential real estate15,043 — 15,043 10,243 — 10,243 
Home equity5,102 — 5,102 2,479 — 2,479 
Other consumer44 — 44 10 — 10 
Total non-accrual loans$55,884 $27,673 $83,557 $82,660 $18,869 $101,529 
(1)Non-accrual balances reported above without an allowance for credit losses are attributable to loans evaluated on an individual basis where it was determined that there was minimal to no risk of loss due to sufficient underlying collateral values.
Schedule of the Age Analysis of Past Due Financing Receivables
The following tables show the age analysis of past due financing receivables at the dates indicated:
 December 31, 2025
 30-59 days60-89 days90 days or moreTotal Past Due Total
Financing
Receivables (2)
 Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Current
 (Dollars in thousands)
Commercial and industrial36 $7,765 18 $3,627 35 $5,776 89 $17,168 $4,594,621 $4,611,789 
Commercial real estate15 7,037 3 619 7 10,103 25 17,759 8,257,649 8,275,408 
Commercial construction1 804 1 488 2 3,693 4 4,985 1,394,208 1,399,193 
Residential real estate20 5,592 16 3,597 18 3,278 54 12,467 2,860,976 2,873,443 
Home equity20 3,247 9 456 24 3,629 53 7,332 1,290,330 1,297,662 
Other consumer (1)624 321 15 27 3 3 642 351 45,931 46,282 
Total716 $24,766 62 $8,814 89 $26,482 867 $60,062 $18,443,715 $18,503,777 
 December 31, 2024
 30-59 days60-89 days90 days or moreTotal Past Due Total
Financing
Receivables (2)
 Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Number
of Loans		Principal
Balance		Current
 (Dollars in thousands)
Commercial and industrial125 $5,864 5 $29 8 $13,872 138 $19,765 $3,226,690 $3,246,455 
Commercial real estate4 33,860 — — 3 20,458 7 54,318 6,785,387 6,839,705 
Commercial construction— — — — — — — — 782,078 782,078 
Residential real estate27 6,310 9 1,401 10 2,224 46 9,935 2,450,665 2,460,600 
Home equity9 1,046 11 764 10 1,126 30 2,936 1,137,232 1,140,168 
Other consumer (1)
596 441 3 7 6 6 605 454 38,918 39,372 
Total761 $47,521 28 $2,201 37 $37,686 826 $87,408 $14,420,970 $14,508,378 
(1)Other consumer portfolio is inclusive of deposit account overdrafts recorded as loan balances.
(2)The amount of net unamortized deferred fees/costs on originated loans included in the ending balance was $7.7 million and $6.1 million at December 31, 2025, and December 31, 2024, respectively. Net unamortized discounts on acquired loans included in the ending balance was $157.0 million and $8.1 million at December 31, 2025 and 2024, respectively.
Foreclosed Residential Real Estate Property
The following table shows information regarding foreclosed residential real estate property at the dates indicated:
December 31, 2025December 31, 2024
(Dollars in thousands)
Foreclosed residential real estate property held by the creditor$— $— 
Recorded investment in mortgage loans collateralized by residential real estate property that are in the process of foreclosure$4,102 $1,301