
(Dollars in thousands)	September 30, 2022		December 31, 2021
Residential real estate	$	1,368,368	1,051,883
Commercial real estate	9,582,989		8,630,831
Other commercial	2,729,717		2,664,190
Home equity	793,556		736,288
Other consumer	376,603		348,839
Loans receivable	14,851,233		13,432,031
Allowance for credit losses	(178,191)		(172,665)
Loans receivable, net	$	14,673,042	13,259,366
Net deferred origination (fees) costs included in loans receivable	$	(25,068)	(21,667)
Net purchase accounting (discounts) premiums included in loans receivable	$	(19,116)	(25,166)
Accrued interest receivable on loans	$	56,628	49,133

Substantially all of the Company’s loans receivable are with borrowers in the Company’s geographic market areas. Although the Company has a diversified loan portfolio, a substantial portion of borrowers’ ability to service their obligations is dependent upon the economic performance in the Company’s market areas.


	Three Months ended September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	172,963	16,959	121,259	21,079	9,333	4,333


Provision for credit losses	8,382		1,473	3,093	1,785	142	1,889
Charge-offs	(3,865)		(17)	—	(1,502)	—	(2,346)
Recoveries	711		7	47	2	87	568
Balance at end of period	$	178,191	18,422	124,399	21,364	9,562	4,444


	Three Months ended September 30, 2021
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	151,448	10,143	96,597	31,983	7,837	4,888


Provision for credit losses	2,313		1,703	2,931	(3,321)	(124)	1,124
Charge-offs	(2,620)		—	(162)	(677)	—	(1,781)
Recoveries	2,468		13	672	860	152	771
Balance at end of period	$	153,609	11,859	100,038	28,845	7,865	5,002


	Nine Months ended September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	172,665	16,458	117,901	24,703	8,566	5,037


Provision for credit losses	11,373		1,910	6,635	(1,763)	742	3,849
Charge-offs	(10,905)		(17)	(1,642)	(3,105)	(45)	(6,096)
Recoveries	5,058		71	1,505	1,529	299	1,654
Balance at end of period	$	178,191	18,422	124,399	21,364	9,562	4,444


	Nine Months ended September 30, 2021
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Balance at beginning of period	$	158,243	9,604	86,999	49,133	8,182	4,325


Provision for credit losses	(2,921)		2,005	11,663	(18,905)	(491)	2,807
Charge-offs	(8,566)		(38)	(203)	(3,790)	(45)	(4,490)
Recoveries	6,853		288	1,579	2,407	219	2,360
Balance at end of period	$	153,609	11,859	100,038	28,845	7,865	5,002

The sizeable charge-offs in the other consumer loan segment is driven by deposit overdraft charge-offs which typically experience high charge-off rates and the amounts were comparable to historical trends. The other segments experience routine charge-offs and recoveries, with occasional large credit relationships charge-offs and recoveries that cause fluctuations from prior periods. During the nine months ended September 30, 2022, there have been no significant changes to the types of collateral securing collateral-dependent loans.


	September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	7,095	427	1,967	1,794	776	2,131
Accruing loans 60-89 days past due	3,827		245	2,556	423	170	433
Accruing loans 90 days or more past due	2,524		98	1,406	441	339	240
Non-accrual loans with no ACL	32,361		1,809	24,818	4,051	1,204	479
Non-accrual loans with ACL	132		—	—	103	—	29
Total past due and non-accrual loans	45,939		2,579	30,747	6,812	2,489	3,312
Current loans receivable	14,805,294		1,365,789	9,552,242	2,722,905	791,067	373,291
Total loans receivable	$	14,851,233	1,368,368	9,582,989	2,729,717	793,556	376,603


	December 31, 2021
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Accruing loans 30-59 days past due	$	38,081	2,132	26,063	5,464	1,582	2,840
Accruing loans 60-89 days past due	12,485		457	9,537	1,652	512	327
Accruing loans 90 days or more past due	17,141		223	15,345	1,383	57	133
Non-accrual loans with no ACL	28,961		2,162	20,040	4,563	1,712	484
Non-accrual loans with ACL	21,571		255	448	20,765	99	4
Total past due and non-accrual loans	118,239		5,229	71,433	33,827	3,962	3,788
Current loans receivable	13,313,792		1,046,654	8,559,398	2,630,363	732,326	345,051
Total loans receivable	$	13,432,031	1,051,883	8,630,831	2,664,190	736,288	348,839

The Company had $801,000 and $472,000 of interest reversed on non-accrual loans during the nine months ended September 30, 2022 and September 30, 2021, respectively. The prior year modifications that were made under the CARES Act, along with related regulatory guidance, are included in current loan receivables.

A loan is considered collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. The collateral on the loans is a significant portion of what secures the collateral-dependent loans and significant changes to the fair value of the collateral can impact the ACL. During 2022, there were no significant change to collateral which secures the collateral-dependent loans, whether due to general deterioration or other reasons. The following table presents the amortized cost basis of collateral-dependent loans by collateral type:


	September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Business assets	$	3,219	—	196	3,006	17	—
Residential real estate	4,159		1,942	600	320	1,144	153
Other real estate	35,657		34	33,785	1,163	306	369
Other	1,088		—	120	714	—	254
Total	$	44,123	1,976	34,701	5,203	1,467	776


	December 31, 2021
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
Business assets	$	25,182	—	57	25,125	—	—
Residential real estate	4,625		2,369	280	115	1,694	167
Other real estate	32,093		48	30,996	597	116	336
Other	1,525		—	—	1,241	—	284
Total	$	63,425	2,417	31,333	27,078	1,810	787

A restructured loan is considered a TDR if the creditor, for economic or legal reasons related to the debtor’s financial difficulties, grants a concession to the debtor that it would not otherwise consider. There were no TDRs that occurred during the three months ended September 30, 2021. The following tables present TDRs that occurred during the periods presented and the TDRs that occurred within the previous twelve months that subsequently defaulted during the periods presented:


	Three Months ended September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	4		—	1	3	—	—
Pre-modification recorded balance	$	3,492	—	2,310	1,182	—	—
Post-modification recorded balance	$	4,223	—	2,906	1,317	—	—
TDRs that subsequently defaulted
Number of loans	—		—	—	—	—	—
Recorded balance	$	—	—	—	—	—	—


	Nine Months ended September 30, 2022
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	9		1	3	5	—	—
Pre-modification recorded balance	$	5,511	31	4,242	1,238	—	—
Post-modification recorded balance	$	6,242	31	4,838	1,373	—	—
TDRs that subsequently defaulted
Number of loans	—		—	—	—	—	—
Recorded balance	$	—	—	—	—	—	—


	Nine Months ended September 30, 2021
(Dollars in thousands)	Total		Residential Real Estate	Commercial Real Estate	Other Commercial	Home Equity	Other Consumer
TDRs that occurred during the period
Number of loans	10		1	5	3	—	1
Pre-modification recorded balance	$	2,368	210	1,473	554	—	131
Post-modification recorded balance	$	2,368	210	1,473	554	—	131
TDRs that subsequently defaulted
Number of loans	—		—	—	—	—	—
Recorded balance	$	—	—	—	—	—	—

The modifications for the loans designated as TDRs during the nine months ended September 30, 2022 and 2021 included one or a combination of the following: an extension of the maturity date, a reduction of the interest rate or a reduction in the principal amount.

In addition to the loans designated as TDRs during the period provided in the preceding tables, the Company had TDRs with pre-modification loan balances of $1,227,000 and $1,624,000 for the nine months ended September 30, 2022 and 2021, respectively, for which OREO was received in full or partial satisfaction of the loans. The majority of such TDRs were in other commercial for the nine months ended September 30, 2022 and consumer for the nine months ended September 30, 2021. At September 30, 2022 and December 31, 2021, the Company had $273,000 and $102,000, respectively, of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process. At September 30, 2022 and December 31, 2021, the Company did not have any OREO secured by residential real estate properties.

The Company categorizes commercial real estate and other commercial loans into risk categories based on relevant information about the ability of borrowers to service their obligations. The following tables present the amortized cost in commercial real estate and other commercial loans based on the Company’s internal risk rating. The date of a modification, renewal or extension of a loan is considered for the year of origination if the terms of the loan are as favorable to the Company as the terms are for a comparable loan to other borrowers with similar credit risk.


	September 30, 2022
(Dollars in thousands)	Total		Pass	Special Mention	Substandard	Doubtful/ Loss
Commercial real estate loans
Term loans by origination year
2022 (year-to-date)	$	2,122,671	2,116,621	—	6,050	—
2021	2,516,528		2,515,286	—	1,242	—
2020	1,354,000		1,341,111	—	12,889	—
2019	767,215		729,624	—	37,591	—
2018	693,744		669,754	—	23,990	—
Prior	1,928,116		1,860,043	1,472	66,577	24
Revolving loans	200,715		200,436	—	279	—

Total	$	9,582,989	9,432,875	1,472	148,618	24
Other commercial loans 1
Term loans by origination year
2022 (year-to-date)	$	468,958	465,196	373	3,389	—
2021	594,391		589,711	—	3,656	1,024
2020	329,429		323,643	—	5,784	2
2019	202,174		193,377	—	8,784	13
2018	152,707		147,459	—	5,246	2
Prior	429,514		422,267	119	6,767	361
Revolving loans	552,544		543,767	—	8,643	134

Total	$	2,729,717	2,685,420	492	42,269	1,536


	December 31, 2021
(Dollars in thousands)	Total		Pass	Special Mention	Substandard	Doubtful/ Loss
Commercial real estate loans
Term loans by origination year
2021	$	2,679,564	2,677,540	—	2,024	—
2020	1,512,845		1,499,895	—	12,950	—
2019	952,039		919,091	—	32,948	—
2018	808,275		788,292	—	19,983	—
2017	665,733		624,018	—	41,715	—
Prior	1,677,875		1,621,819	—	56,030	26
Revolving loans	334,500		332,696	—	1,803	1

Total	$	8,630,831	8,463,351	—	167,453	27
Other commercial loans 1
Term loans by origination year
2021	$	751,151	746,709	—	4,442	—
2020	429,500		420,547	—	8,952	1
2019	235,591		226,614	—	8,974	3
2018	188,009		179,679	—	8,329	1
2017	209,287		207,509	—	1,775	3
Prior	312,852		297,926	—	14,275	651
Revolving loans	537,800		507,258	—	30,526	16

Total	$	2,664,190	2,586,242	—	77,273	675

For residential real estate, home equity and other consumer loan segments, the Company evaluates credit quality primarily on the aging status of the loan. The following tables present the amortized cost in residential real estate, home equity and other consumer loans based on payment performance:


	September 30, 2022
(Dollars in thousands)	Total		Performing	30-89 Days Past Due	Non-Accrual and 90 Days or More Past Due
Residential real estate loans
Term loans by origination year
2022 (year-to-date)	$	428,697	428,697	—	—
2021	576,673		576,245	428	—
2020	122,837		122,596	108	133
2019	46,202		46,202	—	—
2018	37,682		37,417	—	265
Prior	154,723		153,078	136	1,509
Revolving loans	1,554		1,554	—	—

Total	$	1,368,368	1,365,789	672	1,907
Home equity loans
Term loans by origination year
2022 (year-to-date)	$	61	61	—	—
2021	35		35	—	—
2020	58		58	—	—
2019	230		199	—	31
2018	622		622	—	—
Prior	7,659		7,463	18	178
Revolving loans	784,891		782,629	928	1,334

Total	$	793,556	791,067	946	1,543
Other consumer loans
Term loans by origination year
2022 (year-to-date)	$	126,897	126,660	195	42
2021	102,979		102,597	299	83
2020	55,245		55,055	155	35
2019	22,762		22,360	233	169
2018	12,195		11,924	92	179
Prior	17,769		15,963	1,568	238
Revolving loans	38,756		38,732	22	2

Total	$	376,603	373,291	2,564	748