Loans Loans (Tables)

6 Months Ended

Jun. 30, 2026

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

The period end loan composition was as follows:


(in thousands)	Jun 30, 2026		Dec 31, 2025


Commercial and industrial	$	13,750,175	$	11,799,757
Commercial real estate — owner occupied	1,575,445		1,186,324
Commercial and business lending	15,325,620		12,986,081
Commercial real estate — investor	6,492,950		5,246,030
Real estate construction	2,546,186		1,994,642
Commercial real estate lending	9,039,136		7,240,672
Total commercial	24,364,756		20,226,753
Residential mortgage	6,808,398		6,793,957
Auto finance	4,044,416		3,106,498
Home equity	826,343		713,271
Other consumer	423,127		323,135
Total consumer	12,102,284		10,936,861
Total loans	$	36,467,040	$	31,163,614

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents loans by credit quality indicator by origination year at June 30, 2026:


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		YTD 2026		2025		2024		2023		2022		Prior		Total














Commercial and industrial:
Risk rating:
Pass	$	3,199	$	2,741,443	$	2,328,388	$	3,787,950	$	1,722,490	$	982,648	$	840,913	$	738,339	$	13,142,171
Special mention	—		22,708		626		26,761		24,508		9,346		5,458		72,581		161,988
Substandard	668		94,753		38,835		33,522		32,732		12,846		130,614		58,326		401,628
Nonaccrual	20		635		2,160		27,179		4,617		4,506		474		4,817		44,388
Commercial and industrial	$	3,887	$	2,859,539	$	2,370,009	$	3,875,412	$	1,784,347	$	1,009,346	$	977,459	$	874,063	$	13,750,175
Commercial real estate - owner occupied:
Risk rating:
Pass	$	—	$	182,249	$	129,676	$	247,821	$	199,462	$	146,763	$	197,576	$	380,833	$	1,484,380
Special mention	—		1,363		—		4,713		5,016		2,059		90		5,980		19,221
Substandard	—		11,913		1,886		2,097		14,611		14,693		47		23,342		68,589
Nonaccrual	—		—		—		1,797		—		—		524		934		3,255
Commercial real estate - owner occupied	$	—	$	195,525	$	131,562	$	256,428	$	219,089	$	163,515	$	198,237	$	411,089	$	1,575,445
Commercial and business lending:
Risk rating:
Pass	$	3,199	$	2,923,692	$	2,458,064	$	4,035,771	$	1,921,952	$	1,129,411	$	1,038,489	$	1,119,172	$	14,626,551
Special mention	—		24,071		626		31,474		29,524		11,405		5,548		78,561		181,209
Substandard	668		106,666		40,721		35,619		47,343		27,539		130,661		81,668		470,217
Nonaccrual	20		635		2,160		28,976		4,617		4,506		998		5,751		47,643
Commercial and business lending	$	3,887	$	3,055,064	$	2,501,571	$	4,131,840	$	2,003,436	$	1,172,861	$	1,175,696	$	1,285,152	$	15,325,620
Commercial real estate - investor:
Risk rating:
Pass	$	—	$	695,209	$	1,061,877	$	1,762,223	$	662,819	$	438,221	$	679,245	$	844,791	$	6,144,385
Special mention	—		633		33,369		5,553		3,066		48,292		58,136		29,885		178,934
Substandard	—		21,867		10,855		12,186		24,000		5,783		54,229		29,527		158,447
Nonaccrual	—		698		—		793		—		—		7,914		1,779		11,184
Commercial real estate - investor	$	—	$	718,407	$	1,106,101	$	1,780,755	$	689,885	$	492,296	$	799,524	$	905,982	$	6,492,950
Real estate construction:
Risk rating:
Pass	$	—	$	219,286	$	161,036	$	541,782	$	872,017	$	152,821	$	3,414	$	6,963	$	1,957,319
Special mention	—		2,663		—		—		15,405		—		75,656		—		93,724
Substandard	—		25,497		80,123		105,451		7,685		34,493		238,920		—		492,169
Nonaccrual	—		2,913		—		—		—		38		—		23		2,974
Real estate construction	$	—	$	250,359	$	241,159	$	647,233	$	895,107	$	187,352	$	317,990	$	6,986	$	2,546,186
Commercial real estate lending:
Risk rating:
Pass	$	—	$	914,495	$	1,222,913	$	2,304,005	$	1,534,836	$	591,042	$	682,659	$	851,754	$	8,101,704
Special mention	—		3,296		33,369		5,553		18,471		48,292		133,792		29,885		272,658
Substandard	—		47,364		90,978		117,637		31,685		40,276		293,149		29,527		650,616
Nonaccrual	—		3,611		—		793		—		38		7,914		1,802		14,158
Commercial real estate lending	$	—	$	968,766	$	1,347,260	$	2,427,988	$	1,584,992	$	679,648	$	1,117,514	$	912,968	$	9,039,136
Total commercial:
Risk rating:
Pass	$	3,199	$	3,838,187	$	3,680,977	$	6,339,776	$	3,456,788	$	1,720,453	$	1,721,148	$	1,970,926	$	22,728,255
Special mention	—		27,367		33,995		37,027		47,995		59,697		139,340		108,446		453,867
Substandard	668		154,030		131,699		153,256		79,028		67,815		423,810		111,195		1,120,833
Nonaccrual	20		4,246		2,160		29,769		4,617		4,544		8,912		7,553		61,801
Total commercial	$	3,887	$	4,023,830	$	3,848,831	$	6,559,828	$	3,588,428	$	1,852,509	$	2,293,210	$	2,198,120	$	24,364,756


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		YTD 2026		2025		2024		2023		2022		Prior		Total
Residential mortgage:
Risk rating:
Pass	$	—	$	—	$	176,272	$	309,720	$	254,049	$	438,829	$	1,461,192	$	4,090,505	$	6,730,567
Special mention	—		—		—		315		—		—		—		188		503
Substandard	—		—		5,355		—		572		366		454		246		6,993
Nonaccrual	—		—		—		2,054		4,408		7,680		11,041		45,152		70,335
Residential mortgage	$	—	$	—	$	181,627	$	312,089	$	259,029	$	446,875	$	1,472,687	$	4,136,091	$	6,808,398
Auto finance:
Risk rating:
Pass	$	—	$	—	$	856,927	$	1,398,649	$	867,078	$	498,862	$	351,555	$	57,048	$	4,030,119
Special mention	—		—		84		1,032		581		868		625		134		3,324

Nonaccrual	—		—		393		1,686		2,058		3,351		3,083		402		10,973
Auto finance	$	—	$	—	$	857,404	$	1,401,367	$	869,717	$	503,081	$	355,263	$	57,584	$	4,044,416
Home equity:
Risk rating:
Pass	$	11,561	$	726,750	$	1,158	$	5,253	$	3,937	$	4,886	$	21,268	$	55,324	$	818,576
Special mention	78		102		—		—		130		—		39		914		1,185

Nonaccrual	272		317		—		102		151		159		1,025		4,828		6,582
Home equity	$	11,911	$	727,169	$	1,158	$	5,355	$	4,218	$	5,045	$	22,332	$	61,066	$	826,343
Other consumer:
Risk rating:
Pass	$	84	$	260,894	$	36,667	$	44,583	$	18,197	$	10,311	$	5,627	$	43,888	$	420,167
Special mention	1		885		—		17		62		47		45		9		1,065
Substandard	—		1,633		—		—		—		—		—		—		1,633
Nonaccrual	—		47		—		60		47		41		53		14		262
Other consumer	$	85	$	263,459	$	36,667	$	44,660	$	18,306	$	10,399	$	5,725	$	43,911	$	423,127
Total consumer:
Risk rating:
Pass	$	11,645	$	987,644	$	1,071,024	$	1,758,205	$	1,143,261	$	952,888	$	1,839,642	$	4,246,765	$	11,999,429
Special mention	79		987		84		1,364		773		915		709		1,245		6,077
Substandard	—		1,633		5,355		—		572		366		454		246		8,626
Nonaccrual	272		364		393		3,902		6,664		11,231		15,202		50,396		88,152
Total consumer	$	11,996	$	990,628	$	1,076,856	$	1,763,471	$	1,151,270	$	965,400	$	1,856,007	$	4,298,652	$	12,102,284
Total loans:
Risk rating:
Pass	$	14,844	$	4,825,831	$	4,752,001	$	8,097,981	$	4,600,049	$	2,673,341	$	3,560,790	$	6,217,691	$	34,727,684
Special mention	79		28,354		34,079		38,391		48,768		60,612		140,049		109,691		459,944
Substandard	668		155,663		137,054		153,256		79,600		68,181		424,264		111,441		1,129,459
Nonaccrual	292		4,610		2,553		33,671		11,281		15,775		24,114		57,949		149,953
Total loans	$	15,883	$	5,014,458	$	4,925,687	$	8,323,299	$	4,739,698	$	2,817,909	$	4,149,217	$	6,496,772	$	36,467,040

(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, 2025:


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







Commercial and industrial:
Risk rating:
Pass	$	503	$	1,920,351	$	3,886,880	$	2,097,760	$	1,133,873	$	1,238,941	$	521,793	$	471,834	$	11,271,432
Special mention	—		11,139		3,024		311		13,774		5,849		24,971		293		59,361
Substandard	7,290		65,451		60,593		78,773		22,126		162,841		70,231		1,771		461,786
Nonaccrual	1,473		—		25		7,153		—		—		—		—		7,178
Commercial and industrial	$	9,266	$	1,996,941	$	3,950,522	$	2,183,997	$	1,169,773	$	1,407,631	$	616,995	$	473,898	$	11,799,757
Commercial real estate - owner occupied:
Risk rating:
Pass	$	—	$	2,957	$	241,141	$	180,867	$	141,254	$	167,496	$	157,837	$	201,588	$	1,093,140
Special mention	—		—		—		11,620		5,432		—		—		1,242		18,294
Substandard	—		13,445		7,478		14,001		15,635		1,691		11,929		10,508		74,687
Nonaccrual	—		—		203		—		—		—		—		—		203
Commercial real estate - owner occupied	$	—	$	16,402	$	248,822	$	206,488	$	162,321	$	169,187	$	169,766	$	213,338	$	1,186,324
Commercial and business lending:
Risk rating:
Pass	$	503	$	1,923,308	$	4,128,021	$	2,278,627	$	1,275,127	$	1,406,437	$	679,630	$	673,422	$	12,364,572
Special mention	—		11,139		3,024		11,931		19,206		5,849		24,971		1,535		77,655
Substandard	7,290		78,896		68,071		92,774		37,761		164,532		82,160		12,279		536,473
Nonaccrual	1,473		—		228		7,153		—		—		—		—		7,381
Commercial and business lending	$	9,266	$	2,013,343	$	4,199,344	$	2,390,485	$	1,332,094	$	1,576,818	$	786,761	$	687,236	$	12,986,081
Commercial real estate - investor:
Risk rating:
Pass	$	3,195	$	185,825	$	1,842,395	$	776,187	$	503,511	$	711,947	$	432,442	$	503,468	$	4,955,775
Special mention	—		—		40,067		11,135		14,809		58,523		26,964		5,007		156,505
Substandard	—		—		24,090		1,446		7,741		70,608		17,633		3,921		125,439
Nonaccrual	—		—		—		546		—		7,765		—		—		8,311
Commercial real estate - investor	$	3,195	$	185,825	$	1,906,552	$	789,314	$	526,061	$	848,843	$	477,039	$	512,396	$	5,246,030
Real estate construction:
Risk rating:
Pass	$	—	$	33,847	$	359,610	$	720,429	$	223,239	$	175,056	$	2,991	$	5,768	$	1,520,940
Special mention	—		—		20,611		—		—		51,262		—		—		71,873
Substandard	—		—		122,320		42,511		48,980		187,874		—		—		401,685
Nonaccrual	—		—		—		—		—		—		—		144		144
Real estate construction	$	—	$	33,847	$	502,541	$	762,940	$	272,219	$	414,192	$	2,991	$	5,912	$	1,994,642
Commercial real estate lending:
Risk rating:
Pass	$	3,195	$	219,672	$	2,202,005	$	1,496,616	$	726,750	$	887,003	$	435,433	$	509,236	$	6,476,715
Special mention	—		—		60,678		11,135		14,809		109,785		26,964		5,007		228,378
Substandard	—		—		146,410		43,957		56,721		258,482		17,633		3,921		527,124
Nonaccrual	—		—		—		546		—		7,765		—		144		8,455
Commercial real estate lending	$	3,195	$	219,672	$	2,409,093	$	1,552,254	$	798,280	$	1,263,035	$	480,030	$	518,308	$	7,240,672


					Term Loans Amortized Cost Basis by Origination Year(a)
(in thousands)	Rev Loans Converted to Term(a)		Rev Loans Amortized Cost Basis		2025		2024		2023		2022		2021		Prior		Total
Total commercial:
Risk rating:
Pass	$	3,698	$	2,142,980	$	6,330,026	$	3,775,243	$	2,001,877	$	2,293,440	$	1,115,063	$	1,182,658	$	18,841,287
Special mention	—		11,139		63,702		23,066		34,015		115,634		51,935		6,542		306,033
Substandard	7,290		78,896		214,481		136,731		94,482		423,014		99,793		16,200		1,063,597
Nonaccrual	1,473		—		228		7,699		—		7,765		—		144		15,836
Total commercial	$	12,461	$	2,233,015	$	6,608,437	$	3,942,739	$	2,130,374	$	2,839,853	$	1,266,791	$	1,205,544	$	20,226,753
Residential mortgage:
Risk rating:
Pass	$	—	$	—	$	253,364	$	238,787	$	480,076	$	1,488,335	$	1,499,223	$	2,764,379	$	6,724,164

Substandard	—		—		—		580		292		129		300		—		1,301
Nonaccrual	—		—		2,425		3,102		5,101		13,141		8,985		35,738		68,492
Residential mortgage	$	—	$	—	$	255,789	$	242,469	$	485,469	$	1,501,605	$	1,508,508	$	2,800,117	$	6,793,957
Auto finance:
Risk rating:
Pass	$	—	$	—	$	1,287,267	$	842,838	$	551,549	$	388,064	$	26,402	$	2	$	3,096,122
Special mention	—		—		295		325		814		621		50		—		2,105

Nonaccrual	—		—		559		1,356		2,811		3,255		290		—		8,271
Auto finance	$	—	$	—	$	1,288,121	$	844,519	$	555,174	$	391,940	$	26,742	$	2	$	3,106,498
Home equity:
Risk rating:
Pass	$	15,259	$	623,853	$	855	$	2,188	$	2,728	$	20,514	$	4,733	$	49,793	$	704,664
Special mention	315		52		—		119		190		104		—		368		833

Nonaccrual	1,038		173		2		221		333		1,016		414		5,615		7,774
Home equity	$	16,612	$	624,078	$	857	$	2,528	$	3,251	$	21,634	$	5,147	$	55,776	$	713,271
Other consumer:
Risk rating:
Pass	$	529	$	255,490	$	13,159	$	4,070	$	1,990	$	958	$	264	$	43,575	$	319,506
Special mention	12		1,139		27		—		5		9		—		20		1,200
Substandard	—		2,374		—		—		—		—		—		—		2,374
Nonaccrual	2		35		—		3		12		—		2		3		55
Other consumer	$	543	$	259,038	$	13,186	$	4,073	$	2,007	$	967	$	266	$	43,598	$	323,135
Total consumer:
Risk rating:
Pass	$	15,788	$	879,343	$	1,554,645	$	1,087,883	$	1,036,343	$	1,897,871	$	1,530,622	$	2,857,749	$	10,844,456
Special mention	327		1,191		322		444		1,009		734		50		388		4,138
Substandard	—		2,374		—		580		292		129		300		—		3,675
Nonaccrual	1,040		208		2,986		4,682		8,257		17,412		9,691		41,356		84,592
Total consumer	$	17,155	$	883,116	$	1,557,953	$	1,093,589	$	1,045,901	$	1,916,146	$	1,540,663	$	2,899,493	$	10,936,861
Total loans:
Risk rating:
Pass	$	19,486	$	3,022,323	$	7,884,671	$	4,863,126	$	3,038,220	$	4,191,311	$	2,645,685	$	4,040,407	$	29,685,743
Special mention	327		12,330		64,024		23,510		35,024		116,368		51,985		6,930		310,171
Substandard	7,290		81,270		214,481		137,311		94,774		423,143		100,093		16,200		1,067,272
Nonaccrual	2,513		208		3,214		12,381		8,257		25,177		9,691		41,500		100,428
Total loans	$	29,616	$	3,116,131	$	8,166,390	$	5,036,328	$	3,176,275	$	4,755,999	$	2,807,454	$	4,105,037	$	31,163,614

(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, 2026:


			Gross Charge Offs by Origination Year
(in thousands)	Rev Loans Amortized Cost Basis		2026		2025		2024		2023		2022		Prior		Total
Commercial and industrial	$	13,356	$	135	$	160	$	254	$	712	$	425	$	6,191	$	21,233
Commercial real estate-owner occupied	—		—		—		—		—		—		—		—
Commercial and business lending	13,356		135		160		254		712		425		6,191		21,233
Commercial real estate-investor	—		—		—		—		—		—		2,710		2,710
Real estate construction	—		—		—		—		—		—		—		—
Commercial real estate lending	—		—		—		—		—		—		2,710		2,710
Total commercial	13,356		135		160		254		712		425		8,901		23,943
Residential mortgage	—		—		6		57		66		24		107		260
Auto finance	—		110		1,125		1,135		1,547		1,742		179		5,838
Home equity	1		—		60		—		2		13		16		92
Other consumer	4,150		10		100		30		26		12		31		4,359
Total consumer	4,151		120		1,291		1,222		1,641		1,791		333		10,549
Total gross charge offs	$	17,507	$	255	$	1,451	$	1,476	$	2,353	$	2,216	$	9,234	$	34,492

The following table presents gross charge offs by origination year for the year ended December 31, 2025:


			Gross Charge Offs by Origination Year
(in thousands)	Rev Loans Amortized Cost Basis		2025		2024		2023		2022		2021		Prior		Total
Commercial and industrial	$	5,424	$	831	$	627	$	3,555	$	3,799	$	379	$	—	$	14,615
Commercial real estate-owner occupied	—		—		—		113		—		—		—		113
Commercial and business lending	5,424		831		627		3,668		3,799		379		—		14,728
Commercial real estate-investor	—		—		8,356		184		12,666		—		—		21,206
Real estate construction	—		—		—		—		—		—		—		—
Commercial real estate lending	—		—		8,356		184		12,666		—		—		21,206
Total commercial	5,424		831		8,983		3,852		16,465		379		—		35,934
Residential mortgage	—		—		115		209		320		74		430		1,148
Auto finance	—		432		1,699		2,804		3,384		433		—		8,752
Home equity	—		—		—		26		5		5		380		416
Other consumer	8,194		18		85		63		63		224		56		8,703
Total consumer	8,194		450		1,899		3,102		3,772		736		866		19,019
Total gross charge offs	$	13,618	$	1,281	$	10,882	$	6,954	$	20,237	$	1,115	$	866	$	54,953

Financing Receivable, Past Due [Table Text Block]

The following table presents loans by past due status at June 30, 2026:


	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	$	13,694,693	$	834	$	9,834	$	426	$	44,388	$	13,750,175
Commercial real estate - owner occupied	1,571,158		893		—		139		3,255		1,575,445
Commercial and business lending	15,265,851		1,727		9,834		565		47,643		15,325,620
Commercial real estate - investor	6,478,677		1,839		1,250		—		11,184		6,492,950
Real estate construction	2,541,775		581		856		—		2,974		2,546,186
Commercial real estate lending	9,020,452		2,420		2,106		—		14,158		9,039,136
Total commercial	24,286,303		4,147		11,940		565		61,801		24,364,756
Residential mortgage	6,724,029		13,531		503		—		70,335		6,808,398
Auto finance	4,013,076		17,043		3,324		—		10,973		4,044,416
Home equity	815,225		3,351		1,185		—		6,582		826,343
Other consumer(c)	418,154		1,899		1,089		1,723		262		423,127
Total consumer	11,970,484		35,824		6,101		1,723		88,152		12,102,284
Total loans	$	36,256,787	$	39,971	$	18,041	$	2,288	$	149,953	$	36,467,040

(a) Of the total nonaccrual loans, $78.9 million, or 53%, were current with respect to payment at June 30, 2026.

(b) No interest income was recognized on nonaccrual loans for the three and six months ended June 30, 2026. In addition, there were $18.2 million of nonaccrual loans for which there was no related ACLL at June 30, 2026.

The following table presents loans by past due status at December 31, 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	$	11,789,526	$	2,153	$	530	$	370	$	7,178	$	11,799,757
Commercial real estate - owner occupied	1,186,087		—		34		—		203		1,186,324
Commercial and business lending	12,975,613		2,153		564		370		7,381		12,986,081
Commercial real estate - investor	5,218,314		14,148		5,257		—		8,311		5,246,030
Real estate construction	1,994,381		117		—		—		144		1,994,642
Commercial real estate lending	7,212,695		14,265		5,257		—		8,455		7,240,672
Total commercial	20,188,308		16,418		5,821		370		15,836		20,226,753
Residential mortgage	6,712,330		13,135		—		—		68,492		6,793,957
Auto finance	3,081,782		14,340		2,105		—		8,271		3,106,498
Home equity	701,719		2,945		833		—		7,774		713,271
Other consumer(c)	317,932		1,473		1,231		2,444		55		323,135
Total consumer	10,813,763		31,893		4,169		2,444		84,592		10,936,861
Total loans	$	31,002,071	$	48,311	$	9,990	$	2,814	$	100,428	$	31,163,614

(a) Of the total nonaccrual loans, $31.2 million, or 31%, were current with respect to payment at December 31, 2025.

(b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2025. In addition, there were $14.6 million of nonaccrual loans for which there was no related ACLL at December 31, 2025

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, 2026 and June 30, 2025.


	Interest Rate Concession
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2026		2025		2026		2025
Commercial and industrial	$	120	$	154	$	273	$	294



Other consumer	727		737		1,330		1,529
Total loans modified	$	847	$	891	$	1,603	$	1,823


	Term Extension
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2026		2025		2026		2025

Residential mortgage	$	553	$	305	$	1,059	$	305


	Combination - Interest Rate Concession and Term Extension
	Amortized Cost
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
(in thousands)	2026		2025		2026		2025

Residential mortgage	$	1,137	$	591	$	3,463	$	2,094
Home equity	37		67		88		125

Total loans modified	$	1,174	$	658	$	3,551	$	2,219

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	2026		2025		2026		2025
Commercial and industrial	(22)	%	(23)	%	(22)	%	(24)	%
Residential mortgage	—	%	2	%	1	%	1	%

Home equity	(2)	%	—	%	(2)	%	(2)	%
Other consumer	(22)	%	(21)	%	(21)	%	(21)	%
Weighted average of total loans modified	(9)	%	(10)	%	(6)	%	(8)	%

(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

2026

2025

2026

2025

Residential mortgage

115 months

165 months

107 months

152 months

Home equity

240 months

60 months

131 months

60 months

Weighted average of total loans modified

118 months

158 months

107 months

147 months

(a) During the three months ended June 30, 2026 and June 30, 2025, term extensions changed the weighted average term on modified loans from 300 to 418 months and 268 to 426 months, respectively. During the six months ended June 30, 2026 and June 30, 2025, term extensions changed the weighted average term on modified loans from 305 to 412 months and 267 to 414, respectively.

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, 2026:


	Payment Status (Amortized Cost Basis)
(in thousands)	Current		30-89 Days Past Due		90+ Days Past Due
Commercial and industrial	$	367	$	—	$	—
Residential mortgage	6,509		943		1,183

Home equity	239		—		27
Other consumer	2,055		—		—
Total loans modified	$	9,170	$	943	$	1,210

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

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

The following table provides the amortized cost of loan modifications by loan portfolio and type of concession for loans that were modified in the previous twelve months and subsequently had a payment default during the six months ended June 30, 2026:


	Amortized Cost of Loan Modifications that Subsequently Defaulted
(in thousands)	Interest Rate Concession		Term Extension		Combination Interest Rate Reduction and Term Extension
Residential mortgage	$	—	$	—	$	303

None of the loans modified in the previous twelve months subsequently had a payment default during the six months ended June 30, 2025.

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, 2026:


(in thousands)	Dec 31, 2025		Provision for loan losses recorded at acquisition		Allowance for PCD loans acquired		Allowance for PSL acquired		Charge offs		Recoveries		Net (Charge offs) Recoveries		Provision for Credit Losses		Jun 30, 2026		ACLL / Loans
Allowance for loan losses


Commercial and industrial	$	168,636	$	294	$	19,514	$	5,086	$	(21,233)	$	893	$	(20,340)	$	29,105	$	202,295
Commercial real estate — owner occupied	11,327		—		2,516		1,198		—		—		—		(1,887)		13,154
Commercial and business lending	179,963		294		22,030		6,284		(21,233)		893		(20,340)		27,218		215,449
Commercial real estate — investor	58,243		—		11,640		7,590		(2,710)		500		(2,210)		(10,475)		64,788
Real estate construction	46,595		—		3,459		3,298		—		4		4		6,065		59,421
Commercial real estate lending	104,838		—		15,099		10,888		(2,710)		504		(2,206)		(4,410)		124,209
Total commercial	284,801		294		37,129		17,172		(23,943)		1,397		(22,546)		22,808		339,658
Residential mortgage	33,644		—		790		1,028		(260)		211		(49)		39		35,452
Auto finance	27,470		—		1,346		7,241		(5,838)		2,487		(3,351)		2,059		34,765
Home equity	16,343		—		174		2,058		(92)		782		690		(765)		18,500
Other consumer	15,810		103		73		764		(4,359)		1,104		(3,255)		1,859		15,354
Total consumer	93,267		103		2,383		11,091		(10,549)		4,584		(5,965)		3,192		104,071
Total loans	$	378,068	$	397	$	39,512	$	28,263	$	(34,492)	$	5,981	$	(28,511)	$	26,000	$	443,729
Allowance for unfunded commitments


Commercial and industrial	$	18,698	$	—	$	1,300	$	689	$	—	$	—	$	—	$	(1,650)	$	19,037
Commercial real estate — owner occupied	132		—		18		21		—		—		—		78		249
Commercial and business lending	18,830		—		1,318		710		—		—		—		(1,572)		19,286
Commercial real estate — investor	499		—		102		28		—		—		—		281		910
Real estate construction	17,947		—		2,169		901		—		—		—		5,243		26,260
Commercial real estate lending	18,446		—		2,271		929		—		—		—		5,524		27,170
Total commercial	37,276		—		3,589		1,639		—		—		—		3,952		46,456


Home equity	2,406		—		8		207		—		—		—		49		2,670
Other consumer	1,594		—		—		25		—		—		—		(1)		1,618
Total consumer	4,000		—		8		232		—		—		—		48		4,288
Total loans	$	41,276	$	—	$	3,597	$	1,871	$	—	$	—	$	—	$	4,000	$	50,744
Allowance for credit losses on loans


Commercial and industrial	$	187,334	$	294	$	20,814	$	5,775	$	(21,233)	$	893	$	(20,340)	$	27,455	$	221,332	1.61	%
Commercial real estate — owner occupied	11,459		—		2,534		1,219		—		—		—		(1,809)		13,403		0.85	%
Commercial and business lending	198,793		294		23,348		6,994		(21,233)		893		(20,340)		25,646		234,735		1.53	%
Commercial real estate — investor	58,742		—		11,742		7,618		(2,710)		500		(2,210)		(10,194)		65,698		1.01	%
Real estate construction	64,542		—		5,628		4,199		—		4		4		11,308		85,681		3.37	%
Commercial real estate lending	123,284		—		17,370		11,817		(2,710)		504		(2,206)		1,114		151,379		1.67	%
Total commercial	322,077		294		40,718		18,811		(23,943)		1,397		(22,546)		26,760		386,114		1.58	%
Residential mortgage	33,644		—		790		1,028		(260)		211		(49)		39		35,452		0.52	%
Auto finance	27,470		—		1,346		7,241		(5,838)		2,487		(3,351)		2,059		34,765		0.86	%
Home equity	18,749		—		182		2,265		(92)		782		690		(716)		21,170		2.56	%
Other consumer	17,404		103		73		789		(4,359)		1,104		(3,255)		1,858		16,972		4.01	%
Total consumer	97,267		103		2,391		11,323		(10,549)		4,584		(5,965)		3,240		108,359		0.90	%
Total loans	$	419,344	$	397	$	43,109	$	30,134	$	(34,492)	$	5,981	$	(28,511)	$	30,000	$	494,473	1.36	%

The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2025:


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


Commercial and industrial	$	136,596	$	(14,615)	$	8,357	$	(6,258)	$	38,298	$	168,636
Commercial real estate — owner occupied	9,417		(113)		—		(113)		2,023		11,327
Commercial and business lending	146,013		(14,728)		8,357		(6,371)		40,321		179,963
Commercial real estate — investor	71,547		(21,206)		2,985		(18,221)		4,917		58,243
Real estate construction	51,499		—		154		154		(5,058)		46,595
Commercial real estate lending	123,046		(21,206)		3,139		(18,067)		(141)		104,838
Total commercial	269,060		(35,934)		11,496		(24,438)		40,180		284,801
Residential mortgage	32,576		(1,148)		615		(533)		1,601		33,644
Auto finance	28,467		(8,752)		3,029		(5,723)		4,726		27,470
Home equity	16,620		(416)		999		583		(860)		16,343
Other consumer	16,823		(8,703)		1,837		(6,866)		5,853		15,810
Total consumer	94,486		(19,019)		6,480		(12,539)		11,320		93,267
Total loans	$	363,545	$	(54,953)	$	17,976	$	(36,977)	$	51,500	$	378,068
Allowance for unfunded commitments


Commercial and industrial	$	14,456	$	—	$	—	$	—	$	4,242	$	18,698
Commercial real estate — owner occupied	151		—		—		—		(19)		132
Commercial and business lending	14,607		—		—		—		4,223		18,830
Commercial real estate — investor	578		—		—		—		(79)		499
Real estate construction	19,591		—		—		—		(1,644)		17,947
Commercial real estate lending	20,169		—		—		—		(1,723)		18,446
Total commercial	34,776		—		—		—		2,500		37,276


Home equity	2,465		—		—		—		(59)		2,406
Other consumer	1,535		—		—		—		59		1,594
Total consumer	4,000		—		—		—		—		4,000
Total loans	$	38,776	$	—	$	—	$	—	$	2,500	$	41,276
Allowance for credit losses on loans

Commercial and industrial	$	151,052	$	(14,615)	$	8,357	$	(6,258)	$	42,540	$	187,334	1.59	%
Commercial real estate — owner occupied	9,568		(113)		—		(113)		2,004		11,459		0.97	%
Commercial and business lending	160,620		(14,728)		8,357		(6,371)		44,544		198,793		1.53	%
Commercial real estate — investor	72,125		(21,206)		2,985		(18,221)		4,838		58,742		1.12	%
Real estate construction	71,090		—		154		154		(6,702)		64,542		3.24	%
Commercial real estate lending	143,215		(21,206)		3,139		(18,067)		(1,864)		123,284		1.70	%
Total commercial	303,835		(35,934)		11,496		(24,438)		42,680		322,077		1.59	%
Residential mortgage	32,576		(1,148)		615		(533)		1,601		33,644		0.50	%
Auto finance	28,467		(8,752)		3,029		(5,723)		4,726		27,470		0.88	%
Home equity	19,085		(416)		999		583		(919)		18,749		2.63	%
Other consumer	18,358		(8,703)		1,837		(6,866)		5,912		17,404		5.39	%
Total consumer	98,486		(19,019)		6,480		(12,539)		11,320		97,267		0.89	%
Total loans	$	402,322	$	(54,953)	$	17,976	$	(36,977)	$	54,000	$	419,344	1.35	%