Atlantic Union Bankshares Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

LOANS AND ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)

9 Months Ended

Sep. 30, 2025

Accounts, Notes, Loans and Financing Receivable [Line Items]

Loans Stated at Face Amount, Net of Unearned Income

The following tables exclude LHFS and include loan balances associated with the Sandy Spring acquisition as of September 30, 2025.

The Company’s LHFI are stated at their face amount, net of deferred fees and costs, and consisted of the following as of the periods ended (dollars in thousands):


	September 30, 2025		December 31, 2024
Construction and Land Development	$	2,163,182	$	1,731,108
CRE – Owner Occupied		4,335,919		2,370,119
CRE – Non-Owner Occupied		6,805,302		4,935,590
Multifamily Real Estate		2,196,467		1,240,209
Commercial & Industrial		4,956,770		3,864,695
Residential 1-4 Family – Commercial		1,105,067		719,425
Residential 1-4 Family – Consumer		2,799,669		1,293,817
Residential 1-4 Family – Revolving		1,186,298		756,944
Auto		211,900		316,368
Consumer		121,620		104,882
Other Commercial		1,478,979		1,137,464
Total LHFI, net of deferred fees and costs⁽¹⁾		27,361,173		18,470,621
Allowance for loan and lease losses		(293,035)		(178,644)
Total LHFI, net	$	27,068,138	$	18,291,977

⁽¹⁾Total loans included unamortized premiums and discounts and unamortized deferred fees and costs totaling $847.3 million and $220.6 million as of September 30, 2025 and December 31, 2024, respectively.

Summary of Aging of the Loan Portfolio by Class

The following table shows the aging of the Company’s LHFI portfolio by class at September 30, 2025 (dollars in thousands):

Greater than

30-59 Days

60-89 Days

90 Days and

Current

Past Due

still Accruing

Nonaccrual

Total Loans

Construction and Land Development

2,092,719

1,387

5,784

1,856

61,436

2,163,182

CRE – Owner Occupied

4,319,099

5,346

2,217

2,790

6,467

4,335,919

CRE – Non-Owner Occupied

6,785,599

4,295

—

2,283

13,125

6,805,302

Multifamily Real Estate

2,187,130

3,113

2,553

2,088

1,583

2,196,467

Commercial & Industrial

4,933,273

4,902

8,397

1,005

9,193

4,956,770

Residential 1-4 Family – Commercial

1,092,236

2,843

803

2,570

6,615

1,105,067

Residential 1-4 Family – Consumer

2,767,900

1,871

3,320

2,955

23,623

2,799,669

Residential 1-4 Family – Revolving

1,173,802

3,074

2,162

1,816

5,444

1,186,298

Auto

207,385

2,744

867

348

556

211,900

Consumer

120,764

329

179

311

121,620

Other Commercial

1,475,818

—

3,161

1,478,979

Total LHFI, net of deferred fees and costs

27,155,725

29,904

26,282

18,022

131,240

27,361,173

% of total loans

99.24

0.11

0.10

0.07

0.48

100.00

The following table shows the aging of the Company’s LHFI portfolio by class at December 31, 2024 (dollars in thousands):


										Greater than
				30-59 Days			60-89 Days			90 Days and
	Current			Past Due			Past Due			still Accruing			Nonaccrual			Total Loans
Construction and Land Development	$	1,729,637		$	38		$	—		$	120		$	1,313		$	1,731,108
CRE – Owner Occupied		2,362,458			2,080			1,074			1,592			2,915			2,370,119
CRE – Non-Owner Occupied		4,926,168			1,381			—			6,874			1,167			4,935,590
Multifamily Real Estate		1,238,711			1,366			—			—			132			1,240,209
Commercial & Industrial		3,820,564			9,405			69			955			33,702			3,864,695
Residential 1-4 Family – Commercial		715,604			697			665			949			1,510			719,425
Residential 1-4 Family – Consumer		1,266,467			5,928			7,390			1,307			12,725			1,293,817
Residential 1-4 Family – Revolving		747,474			1,824			2,110			1,710			3,826			756,944
Auto		311,354			3,615			456			284			659			316,368
Consumer		103,528			804			486			44			20			104,882
Other Commercial		1,132,960			2,167			2,029			308			—			1,137,464
Total LHFI, net of deferred fees and costs	$	18,354,925		$	29,305		$	14,279		$	14,143		$	57,969		$	18,470,621
% of total loans		99.37	%		0.16	%		0.08	%		0.08	%		0.31	%		100.00	%

Summary of Loans on Nonaccrual Status

The following table shows the Company’s amortized cost basis of loans on nonaccrual status with no related ALLL, a component of the ACL as of the periods ended (dollars in thousands):


	September 30,		December 31,
	2025		2024
Construction and Land Development	$	59,486	$	—
Commercial Real Estate - Owner Occupied		1,430		—
Commercial Real Estate - Non-Owner Occupied		11,532		—
Multifamily Real Estate		1,472		—
Commercial & Industrial		3,199		2,510
Residential 1-4 Family - Commercial		4,669		—
Other Commercial		1,317		—
Total LHFI, net of deferred fees and costs	$	83,105	$	2,510

Summary of Amortized Cost Basis of Loan Modifications to Borrowers Experiencing Financial Difficulty

The following tables present the amortized cost basis of loan modifications to borrowers experiencing financial difficulty for the three and nine months ended September 30, (dollars in thousands):


	Three Months Ended				Nine Months Ended
	2025				2025
	Amortized Cost		% of Total Class of Financing Receivable		Amortized Cost		% of Total Class of Financing Receivable
Other-Than-Insignificant Payment Delay
Commercial and Industrial	$	—	—	%	$	1,505	0.03	%
CRE – Non-Owner Occupied		—	—	%		3,790	0.06	%
Total Other-Than-Insignificant Payment Delay	$	—			$	5,295

Term Extension
Commercial and Industrial	$	25	NM	%	$	25	NM	%
CRE – Owner Occupied		753	0.02	%		2,269	0.05	%
Residential 1-4 Family – Commercial		—	—	%		4,633	0.42	%
Residential 1-4 Family – Consumer		433	0.02	%		986	0.04	%
Total Term Extension	$	1,211			$	7,913

Combination - Other-Than-Insignificant Payment Delay and Term Extension
Commercial and Industrial	$	—	—	%	$	464	0.01	%
Total Combination - Other-Than-Insignificant Payment Delay and Term Extension	$	—			$	464

Combination - Term Extension and Interest Rate Reduction
Residential 1-4 Family - Consumer	$	972	0.03	%	$	2,476	0.09	%
Total Combination - Term Extension and Interest Rate Reduction	$	972			$	2,476

Total	$	2,183			$	16,148

NM = Not Meaningful


	Three Months Ended				Nine Months Ended
	2024				2024
	Amortized Cost		% of Total Class of Financing Receivable		Amortized Cost		% of Total Class of Financing Receivable
Combination - Other-Than-Insignificant Payment Delay and Term Extension
Commercial and Industrial	$	—	—	%	$	553	0.01	%
CRE – Non-Owner Occupied		—	—	%		22,175	0.45	%
Total Combination - Other-Than-Insignificant Payment Delay and Term Extension	$	—			$	22,728

Term Extension
Construction and Land Development	$	50	NM	%	$	50	NM	%
Commercial and Industrial		141	NM	%		141	NM	%
CRE – Owner Occupied		586	0.02	%		586	0.02	%
Residential 1-4 Family – Consumer		236	0.02	%		236	0.02	%
Total Term Extension	$	1,013			$	1,013

Combination - Term Extension and Interest Rate Reduction
Residential 1-4 Family – Consumer	$	283	0.02	%	$	630	0.05	%
Total Combination - Term Extension and Interest Rate Reduction	$	283			$	630

Combination - Interest Rate Reduction, Term Extension and Other-Than-Insignificant Payment Delay
Commercial and Industrial	$	—	—	%	$	106	NM	%
Total Combination - Interest Rate Reduction, Term Extension and Other-Than-Insignificant Payment Delay	$	—			$	106

Total	$	1,296			$	24,477

NM = Not Meaningful

Summary of financial effects of TLMs on a weighted average basis for TLMs within that loan type

The following table describes the financial effects of TLMs on a weighted average basis for TLMs within that loan type for the three and nine months ended September 30,:


Three Months Ended
2025

Term Extension
Loan Type				Financial Effect
Residential 1-4 Family - Consumer				Added a weighted-average 0.9 years to the life of loans.

Nine Months Ended
2025

Term Extension
Loan Type				Financial Effect
CRE – Owner Occupied				Added a weighted-average 0.7 years to the life of loans.
Residential 1-4 Family - Commercial				Added a weighted-average 0.8 years to the life of loans.

Combination - Term Extension and Interest Rate Reduction
Loan Type				Financial Effect
Residential 1-4 Family - Consumer				Added a weighted-average 1.6 years to the life of loans and reduced the weighted average contractual interest rate from 5.0% to 2.1%.


Three Months Ended
2024

Term Extension
Loan Type				Financial Effect
CRE – Owner Occupied				Added a weighted-average 3.0 years to the life of loans.

Nine Months Ended
2024

Term Extension
Loan Type				Financial Effect
CRE – Owner Occupied				Added a weighted-average 3.0 years to the life of loans.

Combination - Other-Than-Insignificant Payment Delay and Term Extension
Loan Type				Financial Effect
Commercial and Industrial				Added a weighted-average 1.0 years to the life of loans.
CRE – Non-Owner Occupied				Added a weighted-average 1.6 years to the life of loans.

Allowance for Loan Loss Activity, by Portfolio Segment, Balances for Allowance for Credit Losses, and Loans Based on Impairment Methodology

The following tables show the ALLL activity by loan segment for the three and nine months ended September 30, (dollars in thousands):

Three Months Ended

Nine Months Ended

2025

Commercial

Consumer

Total

Commercial

Consumer

Total

Balance at beginning of period

257,403

58,171

315,574

148,887

29,757

178,644

Initial allowance on Sandy Spring PCD loans⁽¹⁾

—

21,255

7,010

28,265

Loans charged-off ⁽¹⁾

(39,575)

(865)

(40,440)

(42,958)

(2,947)

(45,905)

Recoveries credited to allowance

1,223

624

1,847

2,999

1,369

4,368

Initial Provision - Sandy Spring non-PCD loans

—

64,740

24,798

89,538

Provision charged to operations

14,708

1,346

16,054

38,836

(711)

38,125

Balance at end of period

233,759

59,276

293,035

233,759

59,276

293,035

⁽¹⁾ In accordance with GAAP, amounts for the three months and nine months ended September 30, 2025 exclude $19.0 million, and $53.5 million, respectively, of net charge-offs related to certain PCD loans that met the Company’s charge-off policy at the time of the acquisition. The amounts excluded for the three months ended September 30, 2025 related to a measurement period adjustment recorded in the third quarter of 2025 associated with the Sandy Spring acquisition, based on additional information and evidence obtained by the Company relating to events or circumstances existing at the acquisition date.


	Three Months Ended						Nine Months Ended
	2024						2024
	Commercial		Consumer		Total		Commercial		Consumer		Total
Balance at beginning of period	$	131,139	$	26,992	$	158,131	$	105,896	$	26,286	$	132,182
Initial allowance on American National PCD loans		—		—		—		2,609		1,287		3,896
Loans charged-off		(1,642)		(1,077)		(2,719)		(8,675)		(3,026)		(11,701)
Recoveries credited to allowance		1,292		761		2,053		2,881		1,497		4,378
Initial Provision - American National non-PCD loans		—		—		—		11,213		2,016		13,229
Provision charged to operations		1,931		1,289		3,220		18,796		(95)		18,701
Balance at end of period	$	132,720	$	27,965	$	160,685	$	132,720	$	27,965	$	160,685

Summary of loans acquired from Sandy Spring

The following table presents additional information related to the acquired Sandy Spring loan portfolio at the acquisition date, including the initial ACL at acquisition on the PCD loans (dollars in thousands):


PCD Loans		April 1, 2025
Book value of acquired loans at acquisition ⁽¹⁾	$	1,724,771
Initial ACL at acquisition ⁽²⁾		(28,265)
Non-credit discount at acquisition		(162,140)
Purchase Price	$	1,534,366

Non-PCD Loans:
Fair Value	$	7,077,565
Gross contractual amounts receivable		7,676,836
Estimate of contractual cash flows not expected to be collected		130,113

⁽¹⁾The Company recorded a $19.0 million measurement period adjustment during the three months ended September 30, 2025 associated with the Sandy Spring acquisition, based on additional information and evidence obtained by the Company relating to events or circumstances existing at the acquisition date, reducing the book value of loans acquired at acquisition.

⁽²⁾In accordance with GAAP, the amounts exclude $53.5 million of net charge-offs related to certain PCD loans that met the Company’s charge-off policy at the time of the acquisition.

Commercial Portfolio Segment [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Loans Receivables Related Risk Rating

The table below details the amortized cost and gross write-offs of the classes of loans within the Commercial segment by risk level and year of origination as of September 30, (dollars in thousands):


		2025
		Term Loans Amortized Cost Basis by Origination Year											Revolving
	2025		2024		2023		2022		2021		Prior		Loans		Total
Construction and Land Development
Pass	$	376,118	$	531,272	$	328,884	$	270,350	$	39,584	$	77,746	$	282,076	$	1,906,030
Watch		11,861		1,750		4,655		1,953		34,969		3,188		11,262		69,638
Special Mention		275		2,985		1,140		30,120		2,611		4,062		—		41,193
Substandard		1,122		1,321		662		32,361		29,692		8,472		72,691		146,321
Total Construction and Land Development	$	389,376	$	537,328	$	335,341	$	334,784	$	106,856	$	93,468	$	366,029	$	2,163,182
Current period gross write-off	$	—	$	—	$	—	$	—	$	(32)	$	(3)	$	—	$	(35)

CRE – Owner Occupied
Pass	$	260,610	$	316,012	$	310,695	$	521,694	$	534,798	$	1,945,013	$	90,438	$	3,979,260
Watch		8,042		14,905		20,716		12,635		6,011		65,227		2,025		129,561
Special Mention		4,327		8,601		13,117		10,483		6,568		62,445		1,119		106,660
Substandard		231		5,559		7,637		5,252		30,494		70,992		140		120,305
Doubtful		—		—		—		—		—		133		—		133
Total CRE – Owner Occupied	$	273,210	$	345,077	$	352,165	$	550,064	$	577,871	$	2,143,810	$	93,722	$	4,335,919
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	(147)	$	—	$	(147)

CRE – Non-Owner Occupied
Pass	$	489,891	$	406,801	$	814,051	$	986,896	$	777,370	$	2,756,749	$	78,612	$	6,310,370
Watch		—		558		12,582		21,314		24,148		60,975		13,484		133,061
Special Mention		—		1,741		31,028		28,697		48,756		82,191		—		192,413
Substandard		—		—		6,268		44,374		1,135		117,635		46		169,458
Total CRE – Non-Owner Occupied	$	489,891	$	409,100	$	863,929	$	1,081,281	$	851,409	$	3,017,550	$	92,142	$	6,805,302
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial & Industrial
Pass	$	877,993	$	806,060	$	474,593	$	540,182	$	272,984	$	379,300	$	1,079,267	$	4,430,379
Watch		16,001		43,207		23,111		61,779		9,649		21,708		134,007		309,462
Special Mention		2,003		12,151		8,536		9,051		4,459		6,804		45,071		88,075
Substandard		133		11,752		34,274		23,256		13,032		5,420		39,600		127,467
Doubtful		2		—		—		—		—		—		1,385		1,387
Total Commercial & Industrial	$	896,132	$	873,170	$	540,514	$	634,268	$	300,124	$	413,232	$	1,299,330	$	4,956,770
Current period gross write-off	$	—	$	(1,605)	$	(69)	$	(1,209)	$	—	$	(94)	$	(34,500)	$	(37,477)

Multifamily Real Estate
Pass	$	153,774	$	75,590	$	281,686	$	396,790	$	280,010	$	603,912	$	57,041	$	1,848,803
Watch		—		—		14,076		27,968		99,511		5,970		1,313		148,838
Special Mention		—		672		—		11,396		28,173		17,449		—		57,690
Substandard		—		728		—		39,072		25,741		75,595		—		141,136
Total Multifamily Real Estate	$	153,774	$	76,990	$	295,762	$	475,226	$	433,435	$	702,926	$	58,354	$	2,196,467
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Residential 1-4 Family – Commercial
Pass	$	74,347	$	58,644	$	80,659	$	186,893	$	175,518	$	434,519	$	3,909	$	1,014,489
Watch		575		2,233		1,227		4,402		1,134		15,404		3,105		28,080
Special Mention		1,240		353		—		23,696		1,543		17,826		—		44,658
Substandard		350		—		—		636		4,373		12,228		253		17,840
Total Residential 1-4 Family – Commercial	$	76,512	$	61,230	$	81,886	$	215,627	$	182,568	$	479,977	$	7,267	$	1,105,067
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	(38)	$	—	$	(38)

Other Commercial
Pass	$	219,877	$	227,095	$	174,991	$	159,652	$	174,644	$	214,501	$	255,682	$	1,426,442
Watch		—		—		121		19,140		797		5,854		10		25,922
Special Mention		—		—		2,045		304		187		9,624		2,014		14,174
Substandard		—		—		2,337		3,641		2,114		1,359		2,990		12,441
Total Other Commercial	$	219,877	$	227,095	$	179,494	$	182,737	$	177,742	$	231,338	$	260,696	$	1,478,979
Current period gross write-off	$	—	$	—	$	—	$	(2,617)	$	—	$	(2,644)	$	—	$	(5,261)

Total Commercial
Pass	$	2,452,610	$	2,421,474	$	2,465,559	$	3,062,457	$	2,254,908	$	6,411,740	$	1,847,025	$	20,915,773
Watch		36,479		62,653		76,488		149,191		176,219		178,326		165,206		844,562
Special Mention		7,845		26,503		55,866		113,747		92,297		200,401		48,204		544,863
Substandard		1,836		19,360		51,178		148,592		106,581		291,701		115,720		734,968
Doubtful		2		—		—		—		—		133		1,385		1,520
Total Commercial	$	2,498,772	$	2,529,990	$	2,649,091	$	3,473,987	$	2,630,005	$	7,082,301	$	2,177,540	$	23,041,686
Total current period gross write-off	$	—	$	(1,605)	$	(69)	$	(3,826)	$	(32)	$	(2,926)	$	(34,500)	$	(42,958)

The table below details the amortized cost and gross write-offs of the classes of loans within the Commercial segment by risk level and year of origination as of December 31, (dollars in thousands):


		2024
		Term Loans Amortized Cost Basis by Origination Year											Revolving
	2024		2023		2022		2021		2020		Prior		Loans		Total
Construction and Land Development
Pass	$	350,344	$	630,033	$	372,483	$	120,851	$	14,180	$	46,671	$	120,240	$	1,654,802
Watch		3		22,790		18,172		384		—		717		—		42,066
Special Mention		739		1,771		1,629		226		1,332		1,139		—		6,836
Substandard		162		80		22,237		745		1,467		2,713		—		27,404
Total Construction and Land Development	$	351,248	$	654,674	$	414,521	$	122,206	$	16,979	$	51,240	$	120,240	$	1,731,108
Current period gross write-off	$	—	$	—	$	(1,109)	$	—	$	—	$	—	$	—	$	(1,109)

CRE – Owner Occupied
Pass	$	152,865	$	243,842	$	293,260	$	262,430	$	248,187	$	1,014,962	$	27,316	$	2,242,862
Watch		4,455		1,391		1,424		1,854		2,507		35,093		79		46,803
Special Mention		1,153		6,659		1,577		2,102		2,266		11,556		2,389		27,702
Substandard		24,722		1,188		1,921		352		2,433		21,996		140		52,752
Total CRE – Owner Occupied	$	183,195	$	253,080	$	298,182	$	266,738	$	255,393	$	1,083,607	$	29,924	$	2,370,119
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	(354)	$	—	$	(354)

CRE – Non-Owner Occupied
Pass	$	349,991	$	514,460	$	692,155	$	835,195	$	381,544	$	1,838,343	$	40,741	$	4,652,429
Watch		—		150		7,465		11,855		—		70,113		13,013		102,596
Special Mention		384		—		18,342		883		7,387		47,286		—		74,282
Substandard		—		12,609		—		1,130		36,796		55,677		71		106,283
Total CRE – Non-Owner Occupied	$	350,375	$	527,219	$	717,962	$	849,063	$	425,727	$	2,011,419	$	53,825	$	4,935,590
Current period gross write-off	$	—	$	—	$	—	$	—	$	(3,386)	$	—	$	—	$	(3,386)

Commercial & Industrial
Pass	$	787,683	$	593,676	$	534,064	$	300,348	$	124,214	$	227,352	$	982,085	$	3,549,422
Watch		2,458		30,428		48,661		6,980		486		2,434		24,153		115,600
Special Mention		2,289		12,328		15,458		4,001		2,183		19,125		64,204		119,588
Substandard		9,214		2,340		3,423		4,139		472		1,327		29,839		50,754
Doubtful		—		—		1,598		—		—		—		27,733		29,331
Total Commercial & Industrial	$	801,644	$	638,772	$	603,204	$	315,468	$	127,355	$	250,238	$	1,128,014	$	3,864,695
Current period gross write-off	$	—	$	(42)	$	(1,081)	$	(145)	$	(147)	$	(928)	$	(1,187)	$	(3,530)

Multifamily Real Estate
Pass	$	80,345	$	34,060	$	259,493	$	229,950	$	205,699	$	302,186	$	35,706	$	1,147,439
Watch		—		—		1,719		73,780		129		—		—		75,628
Special Mention		—		—		—		—		250		1,185		—		1,435
Substandard		—		14,210		—		—		—		1,497		—		15,707
Total Multifamily Real Estate	$	80,345	$	48,270	$	261,212	$	303,730	$	206,078	$	304,868	$	35,706	$	1,240,209
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Residential 1-4 Family – Commercial
Pass	$	49,068	$	66,307	$	115,526	$	108,751	$	79,090	$	250,273	$	9,617	$	678,632
Watch		274		504		1,277		737		730		6,571		152		10,245
Special Mention		—		—		23,435		215		331		1,500		—		25,481
Substandard		517		—		—		229		588		3,480		253		5,067
Total Residential 1-4 Family – Commercial	$	49,859	$	66,811	$	140,238	$	109,932	$	80,739	$	261,824	$	10,022	$	719,425
Current period gross write-off	$	—	$	—	$	—	$	—	$	(18)	$	—	$	—	$	(18)

Other Commercial
Pass	$	233,480	$	196,703	$	169,440	$	157,815	$	82,990	$	161,984	$	106,368	$	1,108,780
Watch		—		1,926		6,170		1,525		5,293		4,419		—		19,333
Special Mention		—		84		1,059		3,163		—		582		—		4,888
Substandard		—		1,060		3,272		—		30		2		99		4,463
Total Other Commercial	$	233,480	$	199,773	$	179,941	$	162,503	$	88,313	$	166,987	$	106,467	$	1,137,464
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	(3,492)	$	—	$	(3,492)

Total Commercial
Pass	$	2,003,776	$	2,279,081	$	2,436,421	$	2,015,340	$	1,135,904	$	3,841,771	$	1,322,073	$	15,034,366
Watch		7,190		57,189		84,888		97,115		9,145		119,347		37,397		412,271
Special Mention		4,565		20,842		61,500		10,590		13,749		82,373		66,593		260,212
Substandard		34,615		31,487		30,853		6,595		41,786		86,692		30,402		262,430
Doubtful		—		—		1,598		—		—		—		27,733		29,331
Total Commercial	$	2,050,146	$	2,388,599	$	2,615,260	$	2,129,640	$	1,200,584	$	4,130,183	$	1,484,198	$	15,998,610
Total current period gross write-off	$	—	$	(42)	$	(2,190)	$	(145)	$	(3,551)	$	(4,774)	$	(1,187)	$	(11,889)

Consumer Portfolio Segment [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Loans Receivables Related Risk Rating

For Consumer loans, the Company evaluates credit quality based on the delinquency status of the loan. The following table details the amortized cost and gross write-offs of the classes of loans within the Consumer segment based on their delinquency status and year of origination as of September 30, (dollars in thousands):


		2025
		Term Loans Amortized Cost Basis by Origination Year											Revolving
	2025		2024		2023		2022		2021		Prior		Loans		Total
Residential 1-4 Family – Consumer
Current	$	238,888	$	198,343	$	218,225	$	702,006	$	610,074	$	784,818	$	15,546	$	2,767,900
30-59 Days Past Due		—		36		226		241		9		1,255		104		1,871
60-89 Days Past Due		—		479		45		165		226		2,405		—		3,320
90+ Days Past Due		281		—		183		356		—		2,135		—		2,955
Nonaccrual		—		125		1,286		5,709		3,131		13,372		—		23,623
Total Residential 1-4 Family – Consumer	$	239,169	$	198,983	$	219,965	$	708,477	$	613,440	$	803,985	$	15,650	$	2,799,669
Current period gross write-off	$	—	$	—	$	—	$	(105)	$	—	$	(53)	$	—	$	(158)

Residential 1-4 Family – Revolving
Current	$	18,565	$	13,785	$	25,679	$	40,535	$	9,963	$	9,110	$	1,056,165	$	1,173,802
30-59 Days Past Due		—		33		63		318		—		18		2,642		3,074
60-89 Days Past Due		60		—		—		128		—		35		1,939		2,162
90+ Days Past Due		—		—		274		183		56		64		1,239		1,816
Nonaccrual		—		—		300		147		35		820		4,142		5,444
Total Residential 1-4 Family – Revolving	$	18,625	$	13,818	$	26,316	$	41,311	$	10,054	$	10,047	$	1,066,127	$	1,186,298
Current period gross write-off	$	—	$	—	$	—	$	—	$	—	$	—	$	(198)	$	(198)

Auto
Current	$	1,542	$	1,937	$	40,693	$	100,695	$	43,548	$	18,970	$	—	$	207,385
30-59 Days Past Due		—		—		482		1,488		517		257		—		2,744
60-89 Days Past Due		—		—		167		312		229		159		—		867
90+ Days Past Due		66		—		98		113		69		2		—		348
Nonaccrual		—		—		86		285		108		77		—		556
Total Auto	$	1,608	$	1,937	$	41,526	$	102,893	$	44,471	$	19,465	$	—	$	211,900
Current period gross write-off	$	(80)	$	—	$	(193)	$	(809)	$	(182)	$	(134)	$	—	$	(1,398)

Consumer
Current	$	11,734	$	9,510	$	5,511	$	7,166	$	5,307	$	27,914	$	53,622	$	120,764
30-59 Days Past Due		4		21		29		13		12		133		117		329
60-89 Days Past Due		—		31		30		13		7		46		52		179
90+ Days Past Due		3		17		16		48		—		227		—		311
Nonaccrual		—		3		20		10		4		—		—		37
Total Consumer	$	11,741	$	9,582	$	5,606	$	7,250	$	5,330	$	28,320	$	53,791	$	121,620
Current period gross write-off	$	(7)	$	(176)	$	(205)	$	(29)	$	(31)	$	(636)	$	(109)	$	(1,193)

Total Consumer
Current	$	270,729	$	223,575	$	290,108	$	850,402	$	668,892	$	840,812	$	1,125,333	$	4,269,851
30-59 Days Past Due		4		90		800		2,060		538		1,663		2,863		8,018
60-89 Days Past Due		60		510		242		618		462		2,645		1,991		6,528
90+ Days Past Due		350		17		571		700		125		2,428		1,239		5,430
Nonaccrual		—		128		1,692		6,151		3,278		14,269		4,142		29,660
Total Consumer	$	271,143	$	224,320	$	293,413	$	859,931	$	673,295	$	861,817	$	1,135,568	$	4,319,487
Total current period gross write-off	$	(87)	$	(176)	$	(398)	$	(943)	$	(213)	$	(823)	$	(307)	$	(2,947)

The following table details the amortized cost and gross write-offs of the classes of loans within the Consumer segment based on their delinquency status and year of origination as of December 31, (dollars in thousands):


		2024
		Term Loans Amortized Cost Basis by Origination Year											Revolving
	2024		2023		2022		2021		2020		Prior		Loans		Total
Residential 1-4 Family – Consumer
Current	$	137,808	$	171,237	$	287,376	$	277,653	$	151,177	$	241,203	$	13	$	1,266,467
30-59 Days Past Due		233		405		14		470		954		3,852		—		5,928
60-89 Days Past Due		—		28		216		5,546		—		1,600		—		7,390
90+ Days Past Due		—		150		94		—		—		1,063		—		1,307
Nonaccrual		—		505		2,953		1,109		207		7,951		—		12,725
Total Residential 1-4 Family – Consumer	$	138,041	$	172,325	$	290,653	$	284,778	$	152,338	$	255,669	$	13	$	1,293,817
Current period gross write-off	$	—	$	(76)	$	(3)	$	—	$	—	$	(142)	$	—	$	(221)

Residential 1-4 Family – Revolving
Current	$	17,522	$	33,934	$	45,558	$	10,407	$	3,578	$	1,731	$	634,744	$	747,474
30-59 Days Past Due		—		11		81		—		30		—		1,702		1,824
60-89 Days Past Due		—		—		—		—		—		—		2,110		2,110
90+ Days Past Due		—		178		130		—		—		—		1,402		1,710
Nonaccrual		—		139		112		—		45		—		3,530		3,826
Total Residential 1-4 Family – Revolving	$	17,522	$	34,262	$	45,881	$	10,407	$	3,653	$	1,731	$	643,488	$	756,944
Current period gross write-off	$	—	$	—	$	—	$	(28)	$	—	$	—	$	(189)	$	(217)

Auto
Current	$	2,251	$	55,170	$	145,517	$	68,282	$	28,923	$	11,211	$	—	$	311,354
30-59 Days Past Due		—		507		1,571		1,053		218		266		—		3,615
60-89 Days Past Due		—		97		233		87		—		39		—		456
90+ Days Past Due		—		10		149		74		31		20		—		284
Nonaccrual		—		94		305		113		118		29		—		659
Total Auto	$	2,251	$	55,878	$	147,775	$	69,609	$	29,290	$	11,565	$	—	$	316,368
Current period gross write-off	$	—	$	(243)	$	(835)	$	(335)	$	(82)	$	(75)	$	—	$	(1,570)

Consumer
Current	$	13,664	$	7,932	$	12,490	$	6,998	$	5,903	$	27,967	$	28,574	$	103,528
30-59 Days Past Due		26		73		87		9		10		542		57		804
60-89 Days Past Due		15		54		56		10		14		333		4		486
90+ Days Past Due		—		4		31		3		4		—		2		44
Nonaccrual		—		—		13		7		—		—		—		20
Total Consumer	$	13,705	$	8,063	$	12,677	$	7,027	$	5,931	$	28,842	$	28,637	$	104,882
Current period gross write-off	$	(6)	$	(206)	$	(116)	$	(31)	$	(782)	$	(756)	$	(162)	$	(2,059)

Total Consumer
Current	$	171,245	$	268,273	$	490,941	$	363,340	$	189,581	$	282,112	$	663,331	$	2,428,823
30-59 Days Past Due		259		996		1,753		1,532		1,212		4,660		1,759		12,171
60-89 Days Past Due		15		179		505		5,643		14		1,972		2,114		10,442
90+ Days Past Due		—		342		404		77		35		1,083		1,404		3,345
Nonaccrual		—		738		3,383		1,229		370		7,980		3,530		17,230
Total Consumer	$	171,519	$	270,528	$	496,986	$	371,821	$	191,212	$	297,807	$	672,138	$	2,472,011
Total current period gross write-off	$	(6)	$	(525)	$	(954)	$	(394)	$	(864)	$	(973)	$	(351)	$	(4,067)