CREDIT QUALITY ASSESSMENT

9 Months Ended

Sep. 30, 2022

Credit Loss [Abstract]

CREDIT QUALITY ASSESSMENT

CREDIT QUALITY ASSESSMENT

Allowance for Credit Losses

Summary information on the allowance for credit losses on loans for the period indicated is provided in the following table:

	Nine Months Ended September 30,
(In thousands)	2022		2021
Balance at beginning of period	$	109,145	$	165,367
Provision/ (credit) for credit losses - loans (1)	18,773		(47,141)
Loan charge-offs	(1,029)		(11,496)
Loan recoveries	1,379		1,190
Net charge-offs	350		(10,306)
Balance at period end	$	128,268	$	107,920

 (1) Excludes the total provision expense on unfunded loan commitments for nine months ended September 30, 2022 of $4.8 million.

The following table provides summary information regarding collateral dependent loans individually evaluated for credit loss at the dates indicated:

(In thousands)	September 30, 2022		December 31, 2021
Collateral dependent loans individually evaluated for credit loss with an allowance	$	9,022	$	9,510
Collateral dependent loans individually evaluated for credit loss without an allowance	20,926		24,024
Total individually evaluated collateral dependent loans	$	29,948	$	33,534
Allowance for credit losses related to loans evaluated individually	$	6,548	$	6,593
Allowance for credit losses related to loans evaluated collectively	121,720		102,552
Total allowance for credit losses - loans	$	128,268	$	109,145

The following tables provide information on the activity in the allowance for credit losses by the respective loan portfolio segment for the period indicated:

 

	For the Nine Months Ended September 30, 2022
	Commercial Real Estate												Residential Real Estate
(Dollars in thousands)	Commercial Investor R/E			Commercial Owner- Occupied R/E			Commercial AD&C			Commercial Business			Residential Mortgage			Residential Construction			Consumer			Total
Balance at beginning of period	$	45,289		$	11,687		$	20,322		$	23,170		$	5,384		$	1,048		$	2,245		$	109,145
Provision/ (credit) for credit losses - loans	18,561			(610)			(3,475)			1,586			2,782			170			(241)			18,773
Charge-offs	—			—			—			(716)			(130)			—			(183)			(1,029)
Recoveries	319			22			—			786			27			8			217			1,379
Net recoveries (charge-offs)	319			22			—			70			(103)			8			34			350
Balance at end of period	$	64,169		$	11,099		$	16,847		$	24,826		$	8,063		$	1,226		$	2,038		$	128,268
Total loans	$	5,066,843		$	1,743,724		$	1,143,783		$	1,393,634		$	1,218,552		$	229,243		$	423,034		$	11,218,813
Allowance for credit losses on loans to total loans ratio	1.27		%	0.64		%	1.47		%	1.78		%	0.66		%	0.53		%	0.48		%	1.14		%
Average loans	$	4,546,440		$	1,722,522		$	1,104,901		$	1,344,608		$	1,071,634		$	217,978		$	422,941		$	10,431,024
Annualized net charge-offs/ (recoveries) to average loans	(0.01)		%	—		%	—		%	(0.01)		%	0.01		%	—		%	(0.01)		%	—		%
Balance of loans individually evaluated for credit loss	$	14,038		$	6,294		$	—		$	7,769		$	1,506		$	—		$	341		$	29,948
Allowance related to loans evaluated individually	$	134		$	1,122		$	—		$	5,292		$	—		$	—		$	—		$	6,548
Individual allowance to loans evaluated individually ratio	0.95		%	17.83		%	—		%	68.12		%	—		%	—		%	—		%	21.86		%
Balance of loans collectively evaluated for credit loss	$	5,052,805		$	1,737,430		$	1,143,783		$	1,385,865		$	1,217,046		$	229,243		$	422,693		$	11,188,865
Allowance related to loans evaluated collectively	$	64,035		$	9,977		$	16,847		$	19,534		$	8,063		$	1,226		$	2,038		$	121,720
Collective allowance to loans evaluated collectively ratio	1.27		%	0.57		%	1.47		%	1.41		%	0.66		%	0.53		%	0.48		%	1.09		%

	For the Year Ended December 31, 2021
	Commercial Real Estate												Residential Real Estate
(Dollars in thousands)	Commercial Investor R/E			Commercial Owner- Occupied R/E			Commercial AD&C			Commercial Business			Residential Mortgage			Residential Construction			Consumer			Total
Balance at beginning of period	$	57,404		$	20,061		$	22,157		$	46,806		$	11,295		$	1,502		$	6,142		$	165,367
Provision for credit losses - loans	(6,598)			(8,238)			172			(20,132)			(6,321)			(459)			(3,980)			(45,556)
Charge-offs	(5,802)			(136)			(2,007)			(4,069)			—			—			(299)			(12,313)
Recoveries	285			—			—			565			410			5			382			1,647
Net recoveries (charge-offs)	(5,517)			(136)			(2,007)			(3,504)			410			5			83			(10,666)
Balance at end of period	$	45,289		$	11,687		$	20,322		$	23,170		$	5,384		$	1,048		$	2,245		$	109,145
Total loans	$	4,141,346		$	1,690,881		$	1,088,094		$	1,481,834		$	937,570		$	197,652		$	429,714		$	9,967,091
Allowance for credit losses on loans to total loans ratio	1.09		%	0.69		%	1.87		%	1.56		%	0.57		%	0.53		%	0.52		%	1.10		%
Average loans	$	3,689,769		$	1,661,015		$	1,110,420		$	1,952,537		$	979,754		$	178,171		$	463,200		$	10,034,866
Net charge-offs/ (recoveries) to average loans	0.15		%	0.01		%	0.18		%	0.18		%	(0.04)		%	—		%	(0.02)		%	0.11		%
Balance of loans individually evaluated for credit loss	$	12,489		$	9,306		$	650		$	9,033		$	1,704		$	—		$	352		$	33,534
Allowance related to loans evaluated individually	$	213		$	79		$	504		$	5,797		$	—		$	—		$	—		$	6,593
Individual allowance to loans evaluated individually ratio	1.71		%	0.85		%	77.54		%	64.18		%	—		%	—		%	—		%	19.66		%
Balance of loans collectively evaluated for credit loss	$	4,128,857		$	1,681,575		$	1,087,444		$	1,472,801		$	935,866		$	197,652		$	429,362		$	9,933,557
Allowance related to loans evaluated collectively	$	45,076		$	11,608		$	19,818		$	17,373		$	5,384		$	1,048		$	2,245		$	102,552
Collective allowance to loans evaluated collectively ratio	1.09		%	0.69		%	1.82		%	1.18		%	0.58		%	0.53		%	0.52		%	1.03		%

The following tables present collateral dependent loans individually evaluated for credit loss with the associated allowances for credit losses by the applicable portfolio segment and for the periods indicated:

	September 30, 2022
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Loans individually evaluated for credit loss with an allowance:
Non-accruing	$	554	$	1,850	$	—	$	3,016	$	—	$	—	$	—	$	5,420
Restructured accruing	—		—		—		571		—		—		—		571
Restructured non-accruing	—		—		—		3,031		—		—		—		3,031
Balance	$	554	$	1,850	$	—	$	6,618	$	—	$	—	$	—	$	9,022
Allowance	$	134	$	1,122	$	—	$	5,292	$	—	$	—	$	—	$	6,548
Loans individually evaluated for credit loss without an allowance:
Non-accruing	$	6,053	$	479	$	—	$	362	$	—	$	—	$	—	$	6,894
Restructured accruing	—		—		—		—		1,506		—		—		1,506
Restructured non-accruing	7,431		3,965		—		789		—		—		341		12,526
Balance	$	13,484	$	4,444	$	—	$	1,151	$	1,506	$	—	$	341	$	20,926
Total individually evaluated loans:
Non-accruing	$	6,607	$	2,329	$	—	$	3,378	$	—	$	—	$	—	$	12,314
Restructured accruing	—		—		—		571		1,506		—		—		2,077
Restructured non-accruing	7,431		3,965		—		3,820		—		—		341		15,557
Balance	$	14,038	$	6,294	$	—	$	7,769	$	1,506	$	—	$	341	$	29,948
Total unpaid contractual principal balance	$	14,849	$	7,747	$	—	$	9,359	$	1,506	$	—	$	364	$	33,825

	December 31, 2021
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Loans individually evaluated for credit loss with an allowance:
Non-accruing	$	808	$	79	$	650	$	4,849	$	—	$	—	$	—	$	6,386
Restructured accruing	—		—		—		613		—		—		—		613
Restructured non-accruing	336		—		—		2,175		—		—		—		2,511
Balance	$	1,144	$	79	$	650	$	7,637	$	—	$	—	$	—	$	9,510
Allowance	$	213	$	79	$	504	$	5,797	$	—	$	—	$	—	$	6,593
Loans individually evaluated for credit loss without an allowance:
Non-accruing	$	3,498	$	4,775	$	—	$	434	$	—	$	—	$	—	$	8,707
Restructured accruing	—		—		—		—		1,554		—		—		1,554
Restructured non-accruing	7,847		4,452		—		962		150		—		352		13,763
Balance	$	11,345	$	9,227	$	—	$	1,396	$	1,704	$	—	$	352	$	24,024
Total individually evaluated loans:
Non-accruing	$	4,306	$	4,854	$	650	$	5,283	$	—	$	—	$	—	$	15,093
Restructured accruing	—		—		—		613		1,554		—		—		2,167
Restructured non-accruing	8,183		4,452		—		3,137		150		—		352		16,274
Balance	$	12,489	$	9,306	$	650	$	9,033	$	1,704	$	—	$	352	$	33,534
Total unpaid contractual principal balance	$	12,857	$	11,132	$	695	$	10,573	$	2,778	$	—	$	364	$	38,399

The following tables present average principal balance of total non-accrual loans and contractual interest due on non-accrual loans for the periods indicated below:

	For the Nine Months Ended September 30, 2022
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Average non-accrual loans for the period	$	12,379	$	7,888	$	771	$	7,879	$	7,852	$	27	$	5,999	$	42,795
Contractual interest income due on non- accrual loans during the period	$	609	$	301	$	—	$	389	$	260	$	—	$	243	$	1,802

	For the Year Ended December 31, 2021
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Average non-accrual loans for the period	$	31,590	$	9,444	$	9,236	$	12,678	$	9,439	$	36	$	7,369	$	79,792
Contractual interest income due on non- accrual loans during the period	$	2,169	$	555	$	597	$	1,096	$	271	$	2	$	402	$	5,092

There was no interest income recognized on non-accrual loans during the nine months ended September 30, 2022. See Note 1 for additional information on the Company's policies for non-accrual loans. Loans designated as non-accrual have all previously accrued but unpaid interest reversed from interest income. During the nine months ended September 30, 2022 new loans placed on non-accrual status totaled $6.7 million and the related amount of reversed uncollected accrued interest was $0.1 million.

Credit Quality

The following section provides information on the credit quality of the loan portfolio for the periods indicated below:

	For the Nine Months Ended September 30, 2022
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Analysis of non-accrual loan activity:
Balance at beginning of period	$	12,489	$	9,306	$	650	$	8,420	$	8,441	$	55	$	6,725	$	46,086
Loans placed on non-accrual	2,922		453		—		1,229		1,454		—		605		6,663
Non-accrual balances transferred to OREO	—		—		—		—		—		—		—		—
Non-accrual balances charged-off	—		—		—		(677)		(132)		—		(29)		(838)
Net payments or draws	(1,373)		(2,519)		(650)		(1,774)		(1,420)		(55)		(1,739)		(9,530)
Non-accrual loans brought current	—		(946)		—		—		(829)		—		(389)		(2,164)
Balance at end of period	$	14,038	$	6,294	$	—	$	7,198	$	7,514	$	—	$	5,173	$	40,217

	For the Year Ended December 31, 2021
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Analysis of non-accrual loan activity:
Balance at beginning of period	$	45,227	$	11,561	$	15,044	$	22,933	$	10,212	$	—	$	7,384	$	112,361
Loans placed on non-accrual	699		3,676		49		1,339		695		62		1,626		8,146
Non-accrual balances transferred to OREO	—		(257)		—		—		—		—		—		(257)
Non-accrual balances charged-off	(5,803)		(136)		(2,007)		(3,547)		—		—		(100)		(11,593)
Net payments or draws	(26,813)		(5,538)		(12,436)		(12,305)		(2,406)		(7)		(1,725)		(61,230)
Non-accrual loans brought current	(821)		—		—		—		(60)		—		(460)		(1,341)
Balance at end of period	$	12,489	$	9,306	$	650	$	8,420	$	8,441	$	55	$	6,725	$	46,086

	September 30, 2022
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Performing loans:
Current	$	5,033,645	$	1,729,541	$	1,138,204	$	1,383,499	$	1,195,498	$	227,881	$	415,339	$	11,123,607
30-59 days	15,615		1,859		2,725		139		9,251		1,362		2,327		33,278
60-89 days	3,545		6,030		2,854		261		4,616		—		161		17,467
Total performing loans	5,052,805		1,737,430		1,143,783		1,383,899		1,209,365		229,243		417,827		11,174,352
Non-performing loans:
Non-accrual loans	14,038		6,294		—		7,198		7,514		—		5,173		40,217
Loans greater than 90 days past due	—		—		—		1,966		167		—		34		2,167
Restructured loans	—		—		—		571		1,506		—		—		2,077
Total non-performing loans	14,038		6,294		—		9,735		9,187		—		5,207		44,461
Total loans	$	5,066,843	$	1,743,724	$	1,143,783	$	1,393,634	$	1,218,552	$	229,243	$	423,034	$	11,218,813

	December 31, 2021
	Commercial Real Estate								Residential Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		Residential Mortgage		Residential Construction		Consumer		Total
Performing loans:
Current	$	4,127,009	$	1,680,635	$	1,085,642	$	1,471,669	$	919,199	$	197,597	$	419,558	$	9,901,309
30-59 days	1,656		86		1,802		753		5,157		—		3,021		12,475
60-89 days	192		854		—		379		2,662		—		410		4,497
Total performing loans	4,128,857		1,681,575		1,087,444		1,472,801		927,018		197,597		422,989		9,918,281
Non-performing loans:
Non-accrual loans	12,489		9,306		650		8,420		8,441		55		6,725		46,086
Loans greater than 90 days past due	—		—		—		—		557		—		—		557
Restructured loans	—		—		—		613		1,554		—		—		2,167
Total non-performing loans	12,489		9,306		650		9,033		10,552		55		6,725		48,810
Total loans	$	4,141,346	$	1,690,881	$	1,088,094	$	1,481,834	$	937,570	$	197,652	$	429,714	$	9,967,091

The credit quality indicators for commercial loans are developed through review of individual borrowers on an ongoing basis. Each borrower is evaluated at least annually with more frequent evaluation of more severely criticized loans. The indicators represent the rating for loans as of the date presented is based on the most recent credit review performed. These credit quality indicators are defined as follows:

Pass - A pass rated credit is not adversely classified because it does not display any of the characteristics for adverse classification.

Special mention – A special mention credit has potential weaknesses that deserve management’s close attention. If uncorrected, such weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification.

Substandard – A substandard loan is inadequately protected by the current net worth and payment capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These loans are characterized by the distinct possibility of loss if the deficiencies are not corrected.

Doubtful – A loan that is classified as doubtful has all the weaknesses inherent in a loan classified as substandard with added characteristics that the weaknesses make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions and values.

Loss – Loans classified as a loss are considered uncollectible and of such little value that their continuing to be carried as a loan is not warranted. This classification is not necessarily equivalent to no potential for recovery or salvage value, but rather that it is not appropriate to defer a full write-off even though partial recovery may be effected in the future.

The following table provides information about credit quality indicators by the year of origination as of September 30, 2022:

	September 30, 2022
	Term Loans by Origination Year												Revolving
(In thousands)	2022		2021		2020		2019		2018		Prior		Loans		Total
Commercial Investor R/E:
Pass	$	1,381,369	$	1,273,121	$	672,407	$	553,928	$	311,952	$	781,407	$	16,657	$	4,990,841
Special Mention	22,470		17,199		2,738		95		804		5,355		—		48,661
Substandard	10,859		2,210		—		2,256		8,133		3,883		—		27,341
Doubtful	—		—		—		—		—		—		—		—
Total	$	1,414,698	$	1,292,530	$	675,145	$	556,279	$	320,889	$	790,645	$	16,657	$	5,066,843
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial Owner-Occupied R/E:
Pass	$	340,349	$	326,010	$	233,459	$	260,539	$	148,150	$	402,013	$	900	$	1,711,420
Special Mention	5,587		—		916		622		2,090		6,753		—		15,968
Substandard	1,723		163		754		7,946		2,496		3,254		—		16,336
Doubtful	—		—		—		—		—		—		—		—
Total	$	347,659	$	326,173	$	235,129	$	269,107	$	152,736	$	412,020	$	900	$	1,743,724
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial AD&C:
Pass	$	231,277	$	424,256	$	167,110	$	88,831	$	57,611	$	—	$	172,830	$	1,141,915
Special Mention	—		1,073		—		—		—		—		795		1,868
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	231,277	$	425,329	$	167,110	$	88,831	$	57,611	$	—	$	173,625	$	1,143,783
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial Business:
Pass	$	250,297	$	232,246	$	105,358	$	111,407	$	82,473	$	82,304	$	491,495	$	1,355,580
Special Mention	107		493		1,188		8,770		1,032		736		14,006		26,332
Substandard	2,133		1,795		1,289		2,162		591		2,321		1,431		11,722
Doubtful	—		—		—		—		—		—		—		—
Total	$	252,537	$	234,534	$	107,835	$	122,339	$	84,096	$	85,361	$	506,932	$	1,393,634
Current period gross charge-offs	$	174	$	—	$	—	$	—	$	138	$	404	$	—	$	716
Residential Mortgage:
Beacon score:
660-850	$	293,717	$	292,392	$	167,273	$	44,299	$	56,623	$	271,371	$	—	$	1,125,675
600-659	4,876		15,609		2,695		2,820		3,878		26,061		—		55,939
540-599	1,501		1,914		1,251		1,786		2,538		6,504		—		15,494
less than 540	1,081		3,937		2,390		1,788		1,750		10,498		—		21,444
Total	$	301,175	$	313,852	$	173,609	$	50,693	$	64,789	$	314,434	$	—	$	1,218,552
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	130	$	—	$	130
Residential Construction:
Beacon score:
660-850	$	99,230	$	106,230	$	17,328	$	1,683	$	1,432	$	1,161	$	—	$	227,064
600-659	—		1,595		—		—		—		—		—		1,595
540-599	—		—		—		—		—		—		—		—
less than 540	584		—		—		—		—		—		—		584
Total	$	99,814	$	107,825	$	17,328	$	1,683	$	1,432	$	1,161	$	—	$	229,243
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer:
Beacon score:
660-850	$	3,526	$	2,565	$	1,288	$	2,088	$	2,663	$	24,438	$	350,546	$	387,114
600-659	575		319		32		331		333		5,009		12,360		18,959
540-599	36		63		26		509		109		3,294		3,770		7,807
less than 540	133		106		41		170		373		3,166		5,165		9,154
Total	$	4,270	$	3,053	$	1,387	$	3,098	$	3,478	$	35,907	$	371,841	$	423,034
Current period gross charge-offs	$	—	$	5	$	15	$	—	$	13	$	16	$	134	$	183
Total loans	$	2,651,430	$	2,703,296	$	1,377,543	$	1,092,030	$	685,031	$	1,639,528	$	1,069,955	$	11,218,813

 The following table provides information about credit quality indicators by the year of origination as of December 31, 2021:

	December 31, 2021
	Term Loans by Origination Year												Revolving
(In thousands)	2021		2020		2019		2018		2017		Prior		Loans		Total
Commercial Investor R/E:
Pass	$	1,391,969	$	748,236	$	616,761	$	357,640	$	328,327	$	633,913	$	19,239	$	4,096,085
Special Mention	2,210		510		4,646		596		2,204		10,438		—		20,604
Substandard	807		336		4,308		8,568		10,064		574		—		24,657
Doubtful	—		—		—		—		—		—		—		—
Total	$	1,394,986	$	749,082	$	625,715	$	366,804	$	340,595	$	644,925	$	19,239	$	4,141,346
Current period gross charge-offs	$	—	$	—	$	—	$	903	$	3,975	$	924	$	—	$	5,802
Commercial Owner-Occupied R/E:
Pass	$	360,169	$	254,350	$	319,348	$	178,416	$	172,354	$	363,685	$	1,149	$	1,649,471
Special Mention	156		1,476		4,388		9,035		4,456		9,106		—		28,617
Substandard	1,968		1,800		4,028		2,265		354		2,378		—		12,793
Doubtful	—		—		—		—		—		—		—		—
Total	$	362,293	$	257,626	$	327,764	$	189,716	$	177,164	$	375,169	$	1,149	$	1,690,881
Current period gross charge-offs	$	—	$	—	$	—	$	136	$	—	$	—	$	—	$	136
Commercial AD&C:
Pass	$	454,207	$	226,332	$	148,260	$	87,934	$	13,938	$	—	$	152,896	$	1,083,567
Special Mention	2,888		—		—		—		—		—		989		3,877
Substandard	349		—		301		—		—		—		—		650
Doubtful	—		—		—		—		—		—		—		—
Total	$	457,444	$	226,332	$	148,561	$	87,934	$	13,938	$	—	$	153,885	$	1,088,094
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	2,007	$	—	$	—	$	2,007
Commercial Business:
Pass	$	403,871	$	165,194	$	137,069	$	96,800	$	55,100	$	53,764	$	533,893	$	1,445,691
Special Mention	220		1,998		7,030		1,701		548		577		9,212		21,286
Substandard	3,777		3,262		2,609		797		811		2,065		1,536		14,857
Doubtful	—		—		—		—		—		—		—		—
Total	$	407,868	$	170,454	$	146,708	$	99,298	$	56,459	$	56,406	$	544,641	$	1,481,834
Current period gross charge-offs	$	—	$	—	$	88	$	1,674	$	46	$	2,236	$	25	$	4,069
Residential Mortgage:
Beacon score:
660-850	$	246,612	$	165,623	$	46,925	$	65,865	$	102,628	$	223,420	$	—	$	851,073
600-659	11,102		3,285		3,583		4,255		4,645		20,052		—		46,922
540-599	1,472		1,864		2,162		4,522		1,599		8,201		—		19,820
less than 540	452		4,293		1,575		1,829		2,079		9,527		—		19,755
Total	$	259,638	$	175,065	$	54,245	$	76,471	$	110,951	$	261,200	$	—	$	937,570
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential Construction:
Beacon score:
660-850	$	134,335	$	45,890	$	8,063	$	2,078	$	1,347	$	1,160	$	—	$	192,873
600-659	1,922		—		650		—		—		—		—		2,572
540-599	—		—		—		—		—		462		—		462
less than 540	1,745		—		—		—		—		—		—		1,745
Total	$	138,002	$	45,890	$	8,713	$	2,078	$	1,347	$	1,622	$	—	$	197,652
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer:
Beacon score:
660-850	$	3,179	$	1,393	$	3,130	$	3,060	$	1,648	$	26,156	$	350,466	$	389,032
600-659	352		123		324		716		430		4,906		14,119		20,970
540-599	58		8		311		160		89		2,809		4,926		8,361
less than 540	88		58		536		544		98		3,101		6,926		11,351
Total	$	3,677	$	1,582	$	4,301	$	4,480	$	2,265	$	36,972	$	376,437	$	429,714
Current period gross charge-offs	$	—	$	—	$	7	$	2	$	—	$	106	$	184	$	299
Total loans	$	3,023,908	$	1,626,031	$	1,316,007	$	826,781	$	702,719	$	1,376,294	$	1,095,351	$	9,967,091

The following table provides the amounts of the restructured loans at the date of restructuring for specific segments of the loan portfolio during the period indicated:

	For the Nine Months Ended September 30, 2022
	Commercial Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		All Other Loans		Total
Troubled debt restructurings:
Restructured accruing	$	—	$	—	$	—	$	32	$	—	$	32
Restructured non-accruing	—		—		—		1,200		—		1,200
Balance	$	—	$	—	$	—	$	1,232	$	—	$	1,232
Individual allowance	$	—	$	—	$	—	$	1,200	$	—	$	1,200
Restructured and subsequently defaulted	$	—	$	—	$	—	$	—	$	—	$	—

	For the Year Ended December 31, 2021
	Commercial Real Estate
(In thousands)	Commercial Investor R/E		Commercial Owner- Occupied R/E		Commercial AD&C		Commercial Business		All Other Loans		Total
Troubled debt restructurings:
Restructured accruing	$	—	$	—	$	—	$	—	$	—	$	—
Restructured non-accruing	9,594		3,157		—		1,824		—		14,575
Balance	$	9,594	$	3,157	$	—	$	1,824	$	—	$	14,575
Individual allowance	$	—	$	—	$	—	$	461	$	—	$	461
Restructured and subsequently defaulted	$	—	$	—	$	—	$	—	$	—	$	—

During the nine months ended September 30, 2022, the Company restructured $1.2 million in loans that were designated as TDRs. TDR loans are subject to periodic credit reviews to determine the necessity and appropriateness of an individual credit loss allowance based on the collectability of the recorded investment in the TDR loan. Loans restructured as TDRs during the nine months ended September 30, 2022 had individual reserves of $1.2 million at September 30, 2022. For the year ended December 31, 2021, the Company restructured $14.6 million in loans. Loans restructured as TDRs during 2021 had individual reserves of $0.5 million at December 31, 2021. During both the nine months ended September 30, 2022 and the year ended December 31, 2021 TDR modifications consisted principally of interest rate concessions, term extensions and did not result in the reduction of the recorded investment in the associated loan balances. The commitments to lend additional funds on loans that have been restructured at September 30, 2022 and December 31, 2021 were not significant.

Other Real Estate Owned

Other real estate owned ("OREO") totaled $0.7 million and $1.0 million at September 30, 2022 and December 31, 2021, respectively. There were seven consumer mortgage loans secured by residential real estate property for which formal foreclosure proceedings were in process as of September 30, 2022 with the total amount of $2.0 million.