XML 45 R30.htm IDEA: XBRL DOCUMENT

Loans Loans (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The period end loan composition was as follows:


(in thousands)	Jun 30, 2025		Dec 31, 2024


Commercial and industrial	$	11,281,964	$	10,573,741
Commercial real estate — owner occupied	1,101,501		1,143,741
Commercial and business lending	12,383,465		11,717,483
Commercial real estate — investor	5,370,422		5,227,975
Real estate construction	1,950,267		1,982,632
Commercial real estate lending	7,320,689		7,210,607
Total commercial	19,704,154		18,928,090
Residential mortgage	6,949,387		7,047,541
Auto finance	2,969,495		2,810,220
Home equity	676,208		664,252
Other consumer	308,361		318,483
Total consumer	10,903,451		10,840,496
Total loans	$	30,607,605	$	29,768,586

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents loans by credit quality indicator by origination year at June 30, 2025:


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		YTD 2025		2024		2023		2022		2021		Prior		Total














Commercial and industrial:
Risk rating:
Pass	$	—	$	2,052,195	$	1,616,578	$	2,512,838	$	1,288,587	$	1,758,967	$	908,705	$	611,248	$	10,749,117
Special mention	—		17,393		5,637		13,086		23,126		10,791		5,720		566		76,319
Substandard	709		82,292		19,014		75,595		20,297		134,316		115,751		2,318		449,583
Nonaccrual	—		—		1,500		513		—		4,932		—		—		6,945
Commercial and industrial	$	709	$	2,151,880	$	1,642,730	$	2,602,031	$	1,332,009	$	1,909,006	$	1,030,176	$	614,133	$	11,281,964
Commercial real estate - owner occupied:
Risk rating:
Pass	$	—	$	9,946	$	36,675	$	218,397	$	161,369	$	166,366	$	173,969	$	247,617	$	1,014,340
Special mention	—		—		2,028		22,403		5,526		—		3,021		12,372		45,350
Substandard	—		970		7,395		4,912		1,701		1,396		17,687		7,752		41,812

Commercial real estate - owner occupied	$	—	$	10,916	$	46,098	$	245,712	$	168,596	$	167,762	$	194,677	$	267,741	$	1,101,501
Commercial and business lending:
Risk rating:
Pass	$	—	$	2,062,141	$	1,653,254	$	2,731,234	$	1,449,956	$	1,925,334	$	1,082,674	$	858,865	$	11,763,457
Special mention	—		17,393		7,665		35,489		28,652		10,791		8,740		12,939		121,668
Substandard	709		83,263		26,409		80,507		21,997		135,712		133,438		10,070		491,396
Nonaccrual	—		—		1,500		513		—		4,932		—		—		6,945
Commercial and business lending	$	709	$	2,162,796	$	1,688,828	$	2,847,743	$	1,500,606	$	2,076,768	$	1,224,852	$	881,873	$	12,383,465
Commercial real estate - investor:
Risk rating:
Pass	$	7,228	$	174,475	$	923,868	$	1,095,896	$	668,187	$	909,795	$	714,384	$	616,814	$	5,103,419
Special mention	—		—		—		2,992		13,525		30,974		19,863		5,110		72,464
Substandard	—		—		10,052		39,718		39,052		53,642		27,885		8,387		178,736
Nonaccrual	—		—		391		—		—		15,413		—		—		15,805
Commercial real estate - investor	$	7,228	$	174,475	$	934,311	$	1,138,606	$	720,764	$	1,009,824	$	762,133	$	630,310	$	5,370,422
Real estate construction:
Risk rating:
Pass	$	—	$	33,625	$	77,434	$	444,662	$	314,467	$	583,912	$	3,968	$	7,636	$	1,465,703
Special mention	—		—		—		7,802		38,699		222,857		—		—		269,358
Substandard	—		—		28,283		36,939		6,000		143,837		—		—		215,060
Nonaccrual	—		—		—		—		—		—		—		146		146
Real estate construction	$	—	$	33,625	$	105,717	$	489,403	$	359,166	$	950,606	$	3,968	$	7,781	$	1,950,267
Commercial real estate lending:
Risk rating:
Pass	$	7,228	$	208,100	$	1,001,301	$	1,540,557	$	982,654	$	1,493,708	$	718,352	$	624,449	$	6,569,121
Special mention	—		—		—		10,794		52,224		253,831		19,863		5,110		341,822
Substandard	—		—		38,335		76,657		45,052		197,479		27,885		8,387		393,795
Nonaccrual	—		—		391		—		—		15,413		—		146		15,950
Commercial real estate lending	$	7,228	$	208,100	$	1,040,028	$	1,628,009	$	1,079,930	$	1,960,431	$	766,100	$	638,091	$	7,320,689
Total commercial:
Risk rating:
Pass	$	7,228	$	2,270,240	$	2,654,555	$	4,271,791	$	2,432,610	$	3,419,041	$	1,801,026	$	1,483,314	$	18,332,578
Special mention	—		17,393		7,665		46,283		80,877		264,622		28,603		18,048		463,490
Substandard	709		83,263		64,745		157,164		67,049		333,191		161,323		18,457		885,191
Nonaccrual	—		—		1,891		513		—		20,345		—		146		22,895
Total commercial	$	7,938	$	2,370,896	$	2,728,856	$	4,475,751	$	2,580,536	$	4,037,198	$	1,990,953	$	1,519,965	$	19,704,154


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		YTD 2025		2024		2023		2022		2021		Prior		Total
Residential mortgage:
Risk rating:
Pass	$	—	$	—	$	105,839	$	210,737	$	518,346	$	1,550,422	$	1,564,001	$	2,925,566	$	6,874,910
Special mention	—		—		10		—		—		—		—		34		44
Substandard	—		—		—		—		308		—		307		—		615
Nonaccrual	—		—		1,811		2,242		3,625		13,572		10,222		42,346		73,817
Residential mortgage	$	—	$	—	$	107,660	$	212,979	$	522,279	$	1,563,994	$	1,574,530	$	2,967,945	$	6,949,387
Auto finance:
Risk rating:
Pass	$	—	$	—	$	682,900	$	1,030,316	$	697,134	$	512,591	$	36,509	$	33	$	2,959,483
Special mention	—		—		33		376		800		671		127		—		2,007

Nonaccrual	—		—		67		1,271		2,757		3,557		324		28		8,004
Auto finance	$	—	$	—	$	683,000	$	1,031,963	$	700,691	$	516,819	$	36,960	$	61	$	2,969,495
Home equity:
Risk rating:
Pass	$	6,336	$	584,744	$	603	$	2,037	$	1,991	$	22,908	$	5,253	$	49,761	$	667,297
Special mention	357		100		—		144		29		85		—		351		709

Nonaccrual	411		149		—		79		193		1,059		202		6,519		8,201
Home equity	$	7,104	$	584,993	$	603	$	2,260	$	2,213	$	24,052	$	5,455	$	56,631	$	676,208
Other consumer:
Risk rating:
Pass	$	750	$	238,478	$	9,055	$	5,799	$	3,040	$	1,825	$	537	$	46,692	$	305,427
Special mention	10		911		—		—		6		9		5		1		931
Substandard	—		1,921		—		—		—		—		—		—		1,921
Nonaccrual	3		41		—		5		7		—		24		5		82
Other consumer	$	763	$	241,351	$	9,055	$	5,804	$	3,053	$	1,834	$	566	$	46,698	$	308,361
Total consumer:
Risk rating:
Pass	$	7,087	$	823,222	$	798,397	$	1,248,888	$	1,220,512	$	2,087,745	$	1,606,301	$	3,022,052	$	10,807,117
Special mention	366		1,011		43		520		835		766		132		385		3,692
Substandard	—		1,921		—		—		308		—		307		—		2,537
Nonaccrual	414		189		1,878		3,597		6,582		18,188		10,772		48,898		90,104
Total consumer	$	7,867	$	826,343	$	800,319	$	1,253,006	$	1,228,237	$	2,106,699	$	1,617,511	$	3,071,336	$	10,903,451
Total loans:
Risk rating:
Pass	$	14,315	$	3,093,462	$	3,452,952	$	5,520,680	$	3,653,122	$	5,506,787	$	3,407,327	$	4,505,366	$	29,139,696
Special mention	366		18,404		7,708		46,803		81,712		265,387		28,735		18,434		467,183
Substandard	709		85,184		64,745		157,164		67,357		333,191		161,630		18,457		887,728
Nonaccrual	414		189		3,769		4,111		6,582		38,533		10,772		49,044		112,999
Total loans	$	15,805	$	3,197,239	$	3,529,175	$	5,728,758	$	3,808,773	$	6,143,897	$	3,608,464	$	4,591,300	$	30,607,605

(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.

The following table presents loans by credit quality indicator by origination year at December 31, 2024:


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		2024		2023		2022		2021		2020		Prior		Total







Commercial and industrial:
Risk rating:
Pass	$	248	$	1,841,790	$	2,656,953	$	1,514,277	$	2,254,758	$	1,080,180	$	263,286	$	510,301	$	10,121,545
Special mention	—		48,829		4,037		4,810		63,390		6,984		515		48		128,613
Substandard	2,015		40,240		90,240		9,677		34,730		126,134		3,347		131		304,500
Nonaccrual	42		—		772		4,468		12,988		855		—		—		19,084
Commercial and industrial	$	2,306	$	1,930,860	$	2,752,002	$	1,533,233	$	2,365,866	$	1,214,154	$	267,148	$	510,480	$	10,573,741
Commercial real estate - owner occupied:
Risk rating:
Pass	$	—	$	13,760	$	228,913	$	175,059	$	180,132	$	214,237	$	114,064	$	181,982	$	1,108,147
Special mention	—		—		—		497		—		8,619		—		2,803		11,920
Substandard	—		943		2,532		10,009		1,492		701		3,371		3,125		22,173
Nonaccrual	—		—		—		1,501		—		—		—		—		1,501
Commercial real estate - owner occupied	$	—	$	14,703	$	231,446	$	187,066	$	181,625	$	223,557	$	117,435	$	187,911	$	1,143,741
Commercial and business lending:
Risk rating:
Pass	$	248	$	1,855,550	$	2,885,866	$	1,689,336	$	2,434,891	$	1,294,416	$	377,350	$	692,283	$	11,229,693
Special mention	—		48,829		4,037		5,307		63,390		15,604		515		2,852		140,532
Substandard	2,015		41,183		92,772		19,686		36,222		126,835		6,719		3,255		326,673
Nonaccrual	42		—		772		5,969		12,988		855		—		—		20,585
Commercial and business lending	$	2,306	$	1,945,563	$	2,983,447	$	1,720,298	$	2,547,491	$	1,437,710	$	384,583	$	698,390	$	11,717,483
Commercial real estate - investor:
Risk rating:
Pass	$	—	$	190,451	$	1,334,740	$	725,652	$	1,179,867	$	723,994	$	321,084	$	363,288	$	4,839,076
Special mention	—		—		69,014		6,385		30,672		12,312		6,870		10,366		135,618
Substandard	—		—		69,385		53,022		93,151		10,724		384		9,910		236,576
Nonaccrual	—		—		11,949		—		—		4,757		—		—		16,705
Commercial real estate - investor	$	—	$	190,451	$	1,485,088	$	785,058	$	1,303,690	$	751,786	$	328,338	$	383,563	$	5,227,975
Real estate construction:
Risk rating:
Pass	$	—	$	30,090	$	278,754	$	390,845	$	807,347	$	142,137	$	25,654	$	7,260	$	1,682,086
Special mention	—		—		19,419		—		96,442		—		—		—		115,862
Substandard	—		—		28,241		6,000		105,660		44,754		—		—		184,654
Nonaccrual	—		—		—		—		—		—		—		30		30
Real estate construction	$	—	$	30,090	$	326,414	$	396,845	$	1,009,450	$	186,890	$	25,654	$	7,289	$	1,982,632
Commercial real estate lending:
Risk rating:
Pass	$	—	$	220,541	$	1,613,494	$	1,116,496	$	1,987,215	$	866,130	$	346,738	$	370,548	$	6,521,163
Special mention	—		—		88,433		6,385		127,114		12,312		6,870		10,366		251,480
Substandard	—		—		97,626		59,022		198,811		55,477		384		9,910		421,230
Nonaccrual	—		—		11,949		—		—		4,757		—		30		16,735
Commercial real estate lending	$	—	$	220,541	$	1,811,502	$	1,181,903	$	2,313,140	$	938,677	$	353,992	$	390,853	$	7,210,607


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		2024		2023		2022		2021		2020		Prior		Total
Total commercial:
Risk rating:
Pass	$	248	$	2,076,092	$	4,499,360	$	2,805,832	$	4,422,105	$	2,160,547	$	724,088	$	1,062,831	$	17,750,855
Special mention	—		48,829		92,469		11,692		190,504		27,916		7,385		13,217		392,012
Substandard	2,015		41,183		190,399		78,708		235,033		182,313		7,103		13,165		747,903
Nonaccrual	42		—		12,721		5,969		12,988		5,612		—		30		37,320
Total commercial	$	2,306	$	2,166,104	$	4,794,949	$	2,902,201	$	4,860,631	$	2,376,387	$	738,576	$	1,089,243	$	18,928,090
Residential mortgage:
Risk rating:
Pass	$	—	$	—	$	172,607	$	507,186	$	1,579,182	$	1,643,341	$	1,195,752	$	1,878,251	$	6,976,319
Special mention	—		—		—		—		—		—		—		162		162
Substandard	—		—		594		327		77		—		—		24		1,022
Nonaccrual	—		—		2,338		2,134		11,420		10,141		8,297		35,708		70,038
Residential mortgage	$	—	$	—	$	175,539	$	509,647	$	1,590,679	$	1,653,482	$	1,204,049	$	1,914,144	$	7,047,541
Auto finance:
Risk rating:
Pass	$	—	$	—	$	1,241,609	$	858,924	$	650,880	$	48,999	$	67	$	77	$	2,800,555
Special mention	—		—		332		704		1,048		178		—		—		2,262

Nonaccrual	—		—		491		2,162		4,284		466		—		—		7,402
Auto finance	$	—	$	—	$	1,242,431	$	861,790	$	656,212	$	49,643	$	67	$	77	$	2,810,220
Home equity:
Risk rating:
Pass	$	8,764	$	569,866	$	411	$	1,684	$	25,372	$	5,289	$	1,965	$	50,841	$	655,429
Special mention	127		81		41		—		—		—		—		323		445

Nonaccrual	1,677		104		15		103		933		231		215		6,778		8,378
Home equity	$	10,568	$	570,051	$	467	$	1,788	$	26,305	$	5,520	$	2,180	$	57,941	$	664,252
Other consumer:
Risk rating:
Pass	$	308	$	241,230	$	14,343	$	4,808	$	2,475	$	1,440	$	584	$	49,886	$	314,767
Special mention	—		1,125		8		—		36		7		—		—		1,176
Substandard	—		2,418		—		—		—		—		—		—		2,418
Nonaccrual	2		81		5		21		7		4		—		4		122
Other consumer	$	310	$	244,855	$	14,356	$	4,829	$	2,518	$	1,451	$	584	$	49,891	$	318,483
Total consumer:
Risk rating:
Pass	$	9,071	$	811,096	$	1,428,969	$	1,372,603	$	2,257,910	$	1,699,069	$	1,198,368	$	1,979,055	$	10,747,070
Special mention	127		1,207		381		704		1,083		185		—		484		4,045
Substandard	—		2,418		594		327		77		—		—		24		3,440
Nonaccrual	1,679		185		2,849		4,420		16,644		10,842		8,512		42,490		85,941
Total consumer	$	10,878	$	814,906	$	1,432,794	$	1,378,053	$	2,275,714	$	1,710,096	$	1,206,880	$	2,022,053	$	10,840,496
Total loans:
Risk rating:
Pass	$	9,320	$	2,887,188	$	5,928,329	$	4,178,435	$	6,680,015	$	3,859,616	$	1,922,456	$	3,041,886	$	28,497,925
Special mention	127		50,036		92,851		12,396		191,587		28,101		7,385		13,701		396,057
Substandard	2,015		43,602		190,993		79,035		235,110		182,313		7,103		13,189		751,344
Nonaccrual	1,721		185		15,570		10,389		29,632		16,453		8,512		42,519		123,260
Total loans	$	13,183	$	2,981,010	$	6,227,743	$	4,280,254	$	7,136,344	$	4,086,483	$	1,945,455	$	3,111,296	$	29,768,586

(a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination.

The following table presents gross charge offs by origination year for the six months ended June 30, 2025:


			Gross Charge Offs by Origination Year
(in thousands)	Rev Loans Amortized Cost Basis		2025		2024		2023		2022		2021		Prior		Total
Commercial and industrial	$	2,499	$	—	$	526	$	3,363	$	3,759	$	379	$	—	$	10,525
Commercial real estate-owner occupied	—		—		—		—		—		—		—		—
Commercial and business lending	2,499		—		526		3,363		3,759		379		—		10,525
Commercial real estate-investor	—		—		7,506		—		4,587		—		—		12,092
Real estate construction	—		—		—		—		—		—		—		—
Commercial real estate lending	—		—		7,506		—		4,587		—		—		12,092
Total commercial	2,499		—		8,031		3,363		8,346		379		—		22,618
Residential mortgage	—		—		—		59		256		20		247		582
Auto finance	—		24		701		1,434		1,587		201		—		3,948
Home equity	—		—		—		26		—		5		56		88
Other consumer	4,455		—		26		32		44		224		45		4,826
Total consumer	4,455		24		728		1,551		1,887		451		348		9,444
Total gross charge offs	$	6,954	$	24	$	8,759	$	4,914	$	10,232	$	830	$	348	$	32,062

The following table presents gross charge offs by origination year for the year ended December 31, 2024:


			Gross Charge Offs by Origination Year
(in thousands)	Rev Loans Amortized Cost Basis		2024		2023		2022		2021		2020		Prior		Total
Commercial and industrial	$	4,433	$	128	$	11,484	$	8,510	$	22,959	$	3	$	—	$	47,517
Commercial real estate-owner occupied	—		—		—		—		—		—		3		3
Commercial and business lending	4,433		128		11,484		8,510		22,959		3		3		47,520
Commercial real estate-investor	—		6,617		1		—		4,569		—		—		11,187
Real estate construction	—		—		—		—		—		—		—		—
Commercial real estate lending	—		6,617		1		—		4,569		—		—		11,187
Total commercial	4,433		6,745		11,485		8,510		27,528		3		3		58,707
Residential mortgage	—		—		134		125		101		153		515		1,029
Auto finance	—		418		2,982		5,582		560		—		—		9,541
Home equity	93		—		—		9		19		10		85		216
Other consumer	6,555		20		96		75		75		42		59		6,922
Total consumer	6,649		438		3,212		5,790		755		205		659		17,709
Total gross charge offs	$	11,082	$	7,183	$	14,697	$	14,300	$	28,283	$	209	$	662	$	76,415

Financing Receivable, Past Due [Table Text Block]

The following table presents loans by past due status at June 30, 2025:


	Accruing
(in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Nonaccrual(a)(b)		Total


Commercial and industrial	$	11,271,869	$	555	$	2,039	$	558	$	6,945	$	11,281,964
Commercial real estate - owner occupied	1,095,873		5,258		370		—		—		1,101,501
Commercial and business lending	12,367,742		5,813		2,409		558		6,945		12,383,465
Commercial real estate - investor	5,342,011		587		455		11,565		15,805		5,370,422
Real estate construction	1,950,031		90		—		—		146		1,950,267
Commercial real estate lending	7,292,042		677		455		11,565		15,950		7,320,689
Total commercial	19,659,784		6,490		2,864		12,123		22,895		19,704,154
Residential mortgage	6,866,825		8,710		34		—		73,817		6,949,387
Auto finance	2,948,341		11,142		2,007		—		8,004		2,969,495
Home equity	663,668		3,629		709		—		8,201		676,208
Other consumer	303,664		1,591		987		2,038		82		308,361
Total consumer	10,782,499		25,072		3,738		2,038		90,104		10,903,451
Total loans	$	30,442,282	$	31,561	$	6,602	$	14,160	$	112,999	$	30,607,605

(a) Of the total nonaccrual loans, $33.3 million, or 29%, were current with respect to payment at June 30, 2025.

(b) No interest income was recognized on nonaccrual loans for the three and six months ended June 30, 2025. In addition, there were $21.4 million of nonaccrual loans for which there was no related ACLL at June 30, 2025.

The following table presents loans by past due status at December 31, 2024:


	Accruing
(in thousands)	Current		30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Nonaccrual(a)(b)		Total


Commercial and industrial	$	10,552,756	$	899	$	361	$	642	$	19,084	$	10,573,741
Commercial real estate - owner occupied	1,140,607		1,533		101		—		1,501		1,143,741
Commercial and business lending	11,693,363		2,432		462		642		20,585		11,717,483
Commercial real estate - investor	5,174,879		5,117		31,274		—		16,705		5,227,975
Real estate construction	1,982,581		21		—		—		30		1,982,632
Commercial real estate lending	7,157,460		5,138		31,274		—		16,735		7,210,607
Total commercial	18,850,823		7,570		31,736		642		37,320		18,928,090
Residential mortgage	6,962,610		14,731		162		—		70,038		7,047,541
Auto finance	2,787,967		12,588		2,262		—		7,402		2,810,220
Home equity	651,248		4,181		445		—		8,378		664,252
Other consumer	312,687		1,892		1,236		2,547		122		318,483
Total consumer	10,714,512		33,391		4,105		2,547		85,941		10,840,496
Total loans	$	29,565,335	$	40,961	$	35,841	$	3,189	$	123,260	$	29,768,586

(a) Of the total nonaccrual loans, $52.4 million, or 42%, were current with respect to payment at December 31, 2024.

(b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2024. In addition, there were $23.8 million of nonaccrual loans for which there was no related ACLL at December 31, 2024.

Financing Receivable, Modified [Table Text Block]

The following tables show the composition of loan modifications made to borrowers experiencing financial difficulty by the loan portfolio and type of concessions granted. Each of the types of concessions granted comprised less than 1% of their respective classes of loan portfolios at June 30, 2025 and June 30, 2024.


	Interest Rate Concession
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2025		2024		2025		2024
Commercial and industrial	$	154	$	161	$	294	$	298

Auto finance	—		139		—		144

Other consumer	737		631		1,529		1,110
Total loans modified	$	891	$	930	$	1,823	$	1,552


	Term Extension
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2025		2024		2025		2024

Residential mortgage	$	305	$	—	$	305	$	—


Total loans modified	$	305	$	—	$	305	$	—


	Combination - Interest Rate Concession and Term Extension
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2025		2024		2025		2024

Residential mortgage	$	591	$	—	$	2,094	$	641
Home equity	67		—		125		30

Total loans modified	$	658	$	—	$	2,219	$	670

The following tables summarize, by loan portfolio, the financial effect of the Corporation's loan modifications on the modified loans.


	Interest Rate Concession
	Financial Effect, Weighted Average Contractual Interest Rate (Decrease) Increase(a)
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
Loan Type	2025		2024		2025		2024
Commercial and industrial	(23)	%	(19)	%	(24)	%	(17)	%
Residential mortgage	2	%	—	%	1	%	3	%
Auto finance	—	%	(8)	%	—	%	(8)	%
Home equity	—	%	—	%	(2)	%	(3)	%
Other consumer	(21)	%	(22)	%	(21)	%	(22)	%
Weighted average of total loans modified	(10)	%	(18)	%	(8)	%	(13)	%

(a) Some interest rate concessions may involve an increase in rate that was lower in comparison to prevailing market rates.

Term Extension

Financial Effect, Weighted Average Term Increase(a)

Three Months Ended Jun 30,

Six Months Ended Jun 30,

Loan Type

2025

2024

2025

2024

Residential mortgage

165 months

0 months

152 months

158 months

Home equity

60 months

0 months

60 months

64 months

Weighted average of total loans modified

158 months

0 months

147 months

153 months

Financing Receivable, Modified, Past Due [Table Text Block]

The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2025:


	Payment Status (Amortized Cost Basis)
(in thousands)	Current		30-89 Days Past Due		90+ Days Past Due
Commercial and industrial	$	431	$	—	$	—
Residential mortgage	3,406		605		702

Home equity	288		31		—
Other consumer	2,303		—		—
Total loans modified	$	6,427	$	635	$	702

The following table depicts the performance of loans that have been modified in the twelve months ended June 30, 2024:


	Payment Status (Amortized Cost Basis)
(in thousands)	Current		30-89 Days Past Due		90+ Days Past Due
Commercial and industrial	$	410	$	—	$	—
Residential mortgage	902		24		55
Auto finance	107		41		—
Home equity	139		—		—
Other consumer	1,615		—		—
Total loans modified	$	3,173	$	65	$	55

Financing Receivable, Modified, Subsequent Default [Table Text Block]

None of the loans modified in the previous twelve months subsequently had a payment default during the six months ended June 30, 2025. The following table provides the amortized cost of loan modifications by loan portfolio and type of concession that were modified in the previous twelve months had a payment default during the six months ended June 30, 2024:


	Amortized Cost of Loan Modifications that Subsequently Defaulted
(in thousands)	Interest Rate Concession		Term Extension		Combination Interest Rate Concession and Term Extension

Auto finance	$	6	$	—	$	—

Total loans modified	$	6	$	—	$	—

Financing Receivable, Allowance for Credit Loss [Table Text Block]

The following table presents a summary of the changes in the ACLL by portfolio segment for the six months ended June 30, 2025:


(in thousands)	Dec 31, 2024		Charge offs		Recoveries		Net (Charge offs) Recoveries		Provision for Credit Losses		Jun 30, 2025		ACLL / Loans
Allowance for loan losses


Commercial and industrial	$	136,596	$	(10,525)	$	3,974	$	(6,552)	$	26,322	$	156,366
Commercial real estate — owner occupied	9,417		—		—		—		3,680		13,097
Commercial and business lending	146,013		(10,525)		3,974		(6,552)		30,001		169,463
Commercial real estate — investor	71,547		(12,092)		2,707		(9,385)		472		62,633
Real estate construction	51,499		—		150		150		322		51,972
Commercial real estate lending	123,046		(12,092)		2,858		(9,235)		794		114,605
Total commercial	269,060		(22,618)		6,831		(15,787)		30,795		284,068
Residential mortgage	32,576		(582)		478		(105)		1,625		34,096
Auto finance	28,467		(3,948)		1,740		(2,208)		1,493		27,751
Home equity	16,620		(88)		614		526		(1,081)		16,064
Other consumer	16,824		(4,826)		869		(3,957)		1,668		14,534
Total consumer	94,486		(9,444)		3,700		(5,744)		3,705		92,446
Total loans	$	363,545	$	(32,062)	$	10,531	$	(21,531)	$	34,500	$	376,515
Allowance for unfunded commitments


Commercial and industrial	$	14,456	$	—	$	—	$	—	$	2,092	$	16,547
Commercial real estate — owner occupied	151		—		—		—		(26)		125
Commercial and business lending	14,607		—		—		—		2,066		16,672
Commercial real estate — investor	578		—		—		—		131		709
Real estate construction	19,591		—		—		—		(5,678)		13,913
Commercial real estate lending	20,169		—		—		—		(5,547)		14,622
Total commercial	34,776		—		—		—		(3,481)		31,294


Home equity	2,465		—		—		—		(30)		2,435
Other consumer	1,535		—		—		—		11		1,546
Total consumer	4,000		—		—		—		(19)		3,981
Total loans	$	38,776	$	—	$	—	$	—	$	(3,500)	$	35,276
Allowance for credit losses on loans


Commercial and industrial	$	151,052	$	(10,525)	$	3,974	$	(6,552)	$	28,413	$	172,914	1.53	%
Commercial real estate — owner occupied	9,568		—		—		—		3,654		13,222		1.20	%
Commercial and business lending	160,620		(10,525)		3,974		(6,552)		32,067		186,135		1.50	%
Commercial real estate — investor	72,125		(12,092)		2,707		(9,385)		603		63,342		1.18	%
Real estate construction	71,090		—		150		150		(5,356)		65,885		3.38	%
Commercial real estate lending	143,215		(12,092)		2,858		(9,235)		(4,753)		129,227		1.77	%
Total commercial	303,835		(22,618)		6,831		(15,787)		27,314		315,363		1.60	%
Residential mortgage	32,576		(582)		478		(105)		1,625		34,096		0.49	%
Auto finance	28,467		(3,948)		1,740		(2,208)		1,493		27,751		0.93	%
Home equity	19,085		(88)		614		526		(1,111)		18,500		2.74	%
Other consumer	18,359		(4,826)		869		(3,957)		1,679		16,080		5.21	%
Total consumer	98,486		(9,444)		3,700		(5,744)		3,686		96,427		0.88	%
Total loans	$	402,322	$	(32,062)	$	10,531	$	(21,531)	$	31,000	$	411,791	1.35	%

The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2024:


(in thousands)	Dec 31, 2023		Charge offs		Recoveries		Net (Charge offs) Recoveries		Provision for Credit Losses		Dec 31, 2024		ACLL / Loans
Allowance for loan losses


Commercial and industrial	$	128,263	$	(47,517)	$	2,148	$	(45,369)	$	53,703	$	136,596
Commercial real estate — owner occupied	10,610		(3)		7		4		(1,198)		9,417
Commercial and business lending	138,873		(47,520)		2,155		(45,365)		52,505		146,013
Commercial real estate — investor	67,858		(11,187)		—		(11,187)		14,876		71,547
Real estate construction	53,554		—		65		65		(2,119)		51,499
Commercial real estate lending	121,412		(11,187)		65		(11,122)		12,756		123,046
Total commercial	260,285		(58,707)		2,220		(56,487)		65,262		269,060
Residential mortgage	37,808		(1,029)		280		(750)		(4,483)		32,576
Auto finance	24,961		(9,541)		2,905		(6,637)		10,142		28,467
Home equity	15,403		(216)		1,366		1,150		67		16,620
Other consumer	12,638		(6,922)		1,096		(5,826)		10,012		16,824
Total consumer	90,809		(17,709)		5,647		(12,062)		15,738		94,486
Total loans	$	351,094	$	(76,415)	$	7,867	$	(68,549)	$	81,000	$	363,545
Allowance for unfunded commitments


Commercial and industrial	$	13,319	$	—	$	—	$	—	$	1,137	$	14,456
Commercial real estate — owner occupied	149		—		—		—		2		151
Commercial and business lending	13,468		—		—		—		1,139		14,607
Commercial real estate — investor	480		—		—		—		98		578
Real estate construction	17,024		—		—		—		2,567		19,591
Commercial real estate lending	17,504		—		—		—		2,664		20,169
Total commercial	30,972		—		—		—		3,803		34,776


Home equity	2,629		—		—		—		(164)		2,465
Other consumer	1,174		—		—		—		361		1,535
Total consumer	3,803		—		—		—		197		4,000
Total loans	$	34,776	$	—	$	—	$	—	$	4,000	$	38,776
Allowance for credit losses on loans

Commercial and industrial	$	141,582	$	(47,517)	$	2,148	$	(45,369)	$	54,840	$	151,052	1.43	%
Commercial real estate — owner occupied	10,759		(3)		7		4		(1,196)		9,568		0.84	%
Commercial and business lending	152,341		(47,520)		2,155		(45,365)		53,644		160,620		1.37	%
Commercial real estate — investor	68,338		(11,187)		—		(11,187)		14,973		72,125		1.38	%
Real estate construction	70,578		—		65		65		447		71,090		3.59	%
Commercial real estate lending	138,916		(11,187)		65		(11,122)		15,421		143,215		1.99	%
Total commercial	291,257		(58,707)		2,220		(56,487)		69,065		303,835		1.61	%
Residential mortgage	37,808		(1,029)		280		(750)		(4,483)		32,576		0.46	%
Auto finance	24,961		(9,541)		2,905		(6,637)		10,142		28,467		1.01	%
Home equity	18,032		(216)		1,366		1,150		(97)		19,085		2.87	%
Other consumer	13,812		(6,922)		1,096		(5,826)		10,373		18,359		5.76	%
Total consumer	94,613		(17,709)		5,647		(12,062)		15,935		98,486		0.91	%
Total loans	$	385,870	$	(76,415)	$	7,867	$	(68,549)	$	85,000	$	402,322	1.35	%