Loans and Leases | Loans and Leases Summary of Major Loan and Lease Categories (Dollars in thousands) At March 31, 2022 At December 31, 2021 Commercial, financial and agricultural $ 932,485 $ 956,396 Paycheck Protection Program 10,298 31,748 Real estate-commercial 2,816,737 2,718,535 Real estate-construction 285,083 283,918 Real estate-residential secured for business purpose 412,486 409,900 Real estate-residential secured for personal purpose 568,735 540,566 Real estate-home equity secured for personal purpose 160,134 158,909 Loans to individuals 26,249 25,504 Lease financings 188,579 184,541 Total loans and leases held for investment, net of deferred income $ 5,400,786 $ 5,310,017 Less: Allowance for credit losses, loans and leases (68,286) (71,924) Net loans and leases held for investment $ 5,332,500 $ 5,238,093 Imputed interest on lease financings, included in the above table $ (19,204) $ (19,104) Net deferred costs, included in the above table 4,324 3,408 Overdraft deposits included in the above table 3,286 4,268 Age Analysis of Past Due Loans and Leases The following presents, by class of loans and leases held for investment, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at March 31, 2022 and December 31, 2021: Accruing Loans and Leases (Dollars in thousands) 30-59 60-89 90 Days Total Current Total Accruing Loans and Leases Nonaccrual Loans and Leases Total Loans At March 31, 2022 Commercial, financial and agricultural $ 4,880 $ — $ — $ 4,880 $ 927,157 $ 932,037 $ 448 $ 932,485 Paycheck Protection Program — — — — 10,298 10,298 — 10,298 Real estate—commercial real estate and construction: Commercial real estate 2,833 — — 2,833 2,787,493 2,790,326 26,411 2,816,737 Construction — — — — 285,083 285,083 — 285,083 Real estate—residential and home equity: Residential secured for business purpose 294 89 — 383 410,983 411,366 1,120 412,486 Residential secured for personal purpose 1,112 — — 1,112 565,364 566,476 2,259 568,735 Home equity secured for personal purpose 77 20 — 97 159,548 159,645 489 160,134 Loans to individuals 34 14 185 233 26,016 26,249 — 26,249 Lease financings 221 124 89 434 187,996 188,430 149 188,579 Total $ 9,451 $ 247 $ 274 $ 9,972 $ 5,359,938 $ 5,369,910 $ 30,876 $ 5,400,786 Accruing Loans and Leases (Dollars in thousands) 30-59 60-89 90 Days Total Current Total Accruing Loans and Leases Nonaccrual Loans and Leases Total Loans At December 31, 2021 Commercial, financial and agricultural $ 3,407 $ 894 $ — $ 4,301 $ 951,647 $ 955,948 $ 448 $ 956,396 Paycheck Protection Program 367 — — 367 31,381 31,748 — 31,748 Real estate—commercial real estate and construction: Commercial real estate 234 — — 234 2,690,401 2,690,635 27,900 2,718,535 Construction — — — — 283,918 283,918 — 283,918 Real estate—residential and home equity: Residential secured for business purpose 542 — 216 758 406,955 407,713 2,187 409,900 Residential secured for personal purpose 2,976 162 — 3,138 535,379 538,517 2,049 540,566 Home equity secured for personal purpose 646 129 — 775 157,589 158,364 545 158,909 Loans to individuals 90 27 180 297 25,207 25,504 — 25,504 Lease financings 774 397 102 1,273 183,187 184,460 81 184,541 Total $ 9,036 $ 1,609 $ 498 $ 11,143 $ 5,265,664 $ 5,276,807 $ 33,210 $ 5,310,017 Nonperforming Loans and Leases The following presents, by class of loans and leases, nonperforming loans and leases at March 31, 2022 and December 31, 2021. At March 31, 2022 At December 31, 2021 (Dollars in thousands) Nonaccrual Accruing Loans and Total Nonperforming Nonaccrual Accruing Loans and Total Nonperforming Commercial, financial and agricultural $ 448 $ — $ — $ 448 $ 448 $ — $ — $ 448 Real estate—commercial real estate and construction: Commercial real estate 26,411 — — 26,411 27,900 — — 27,900 Real estate—residential and home equity: Residential secured for business purpose 1,120 — — 1,120 2,187 — 216 2,403 Residential secured for personal purpose 2,259 — — 2,259 2,049 — — 2,049 Home equity secured for personal purpose 489 51 — 540 545 51 — 596 Loans to individuals — — 185 185 — — 180 180 Lease financings 149 — 89 238 81 — 102 183 Total $ 30,876 $ 51 $ 274 $ 31,201 $ 33,210 $ 51 $ 498 $ 33,759 * Includes nonaccrual troubled debt restructured loans of $830 thousand and $758 thousand at March 31, 2022 and December 31, 2021, respectively. The following table presents the amortized cost basis of loans and leases held for investment on nonaccrual status and loans and leases held for investment 90 days or more past due and still accruing as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Nonaccrual With No ACL Nonaccrual With ACL Total Nonaccrual Loans and Leases 90 Days or more Past Due and Accruing Interest At March 31, 2022 Commercial, financial and agricultural $ 448 $ — $ 448 $ — Real estate-commercial 21,597 4,814 26,411 — Real estate-residential secured for business purpose 1,120 — 1,120 — Real estate-residential secured for personal purpose 2,259 — 2,259 — Real estate-home equity secured for personal purpose 489 — 489 — Loans to individuals — — — 185 Lease financings — 149 149 89 Total $ 25,913 $ 4,963 $ 30,876 $ 274 At December 31, 2021 Commercial, financial and agricultural $ 448 $ — $ 448 $ — Real estate-commercial 27,818 82 27,900 — Real estate-residential secured for business purpose 2,187 — 2,187 216 Real estate-residential secured for personal purpose 2,049 — 2,049 — Real estate-home equity secured for personal purpose 545 — 545 — Loans to individuals — — — 180 Lease financings — 81 81 102 Total $ 33,047 $ 163 $ 33,210 $ 498 For the three months ended March 31, 2022, $14 thousand of interest income was recognized on nonaccrual loans and leases. The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Real Estate Other (1) None (2) Total At March 31, 2022 Commercial, financial and agricultural $ 273 $ — $ 175 $ 448 Real estate-commercial 26,411 — — 26,411 Real estate-residential secured for business purpose 1,120 — — 1,120 Real estate-residential secured for personal purpose 2,259 — — 2,259 Real estate-home equity secured for personal purpose 489 — — 489 Lease financings — 149 — 149 Total $ 30,552 $ 149 $ 175 $ 30,876 (Dollars in thousands) Real Estate Other (1) None (2) Total At December 31, 2021 Commercial, financial and agricultural $ 273 $ — $ 175 $ 448 Real estate-commercial 27,900 — — 27,900 Real estate-residential secured for business purpose 2,187 — — 2,187 Real estate-residential secured for personal purpose 2,049 — — 2,049 Real estate-home equity secured for personal purpose 545 — — 545 Lease financings — 81 — 81 Total $ 32,954 $ 81 $ 175 $ 33,210 (1) Collateral consists of business assets, including accounts receivable, personal property and equipment. (2) Loans fully guaranteed by the SBA. Credit Quality Indicators The Corporation categorizes risk based on relevant information about the ability of the borrower to service their debt. Loans with a relationship balance of less than $1 million are reviewed when necessary based on their performance, primarily when such loans are delinquent. Loans with relationships greater than $1 million are reviewed at least annually. Loan relationships with a higher risk profile or classified as special mention or substandard are reviewed at least quarterly. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2021. The following is a description of the internal risk ratings and the likelihood of loss related to the credit quality of Commercial, financial and agricultural loans, Paycheck Protection Program loans, Real estate-commercial loans, Real estate-construction loans and Real estate-residential secured for a business purpose loans. 1. Pass—Loans considered satisfactory with no indications of deterioration 2. Special Mention—Potential weakness that deserves management's close attention 3. Substandard—Well-defined weakness or weaknesses that jeopardize the liquidation of the debt 4. Doubtful—Collection or liquidation in-full, on the basis of current existing facts, conditions and values, highly questionable and improbable Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for Commercial, financial and agricultural loans, Paycheck Protection Program loans, Real estate-commercial loans, Real estate-construction loans and Real estate-residential secured for a business purpose loans by credit quality indicator at March 31, 2022 and December 31, 2021. Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total At March 31, 2022 Commercial, Financial and Agricultural Risk Rating 1. Pass $ 61,928 $ 189,868 $ 66,196 $ 43,083 $ 41,794 $ 63,584 $ 428,551 $ 895,004 2. Special Mention — 2,251 4,340 2,193 5,605 1,462 16,565 32,416 3. Substandard — — — — — 200 4,865 5,065 Total $ 61,928 $ 192,119 $ 70,536 $ 45,276 $ 47,399 $ 65,246 $ 449,981 $ 932,485 Paycheck Protection Program Risk Rating 1. Pass $ 12 $ 10,221 $ 61 $ — $ — $ — $ — $ 10,294 2. Special Mention — — 4 — — — — 4 3. Substandard — — — — — — — — Total $ 12 $ 10,221 $ 65 $ — $ — $ — $ — $ 10,298 Real Estate-Commercial Risk Rating 1. Pass $ 217,789 $ 781,652 $ 840,423 $ 385,224 $ 145,916 $ 326,313 $ 45,914 $ 2,743,231 2. Special Mention 912 2,542 5,877 22,938 8,724 5,366 73 46,432 3. Substandard — — 22,087 3,499 237 1,251 — 27,074 Total $ 218,701 $ 784,194 $ 868,387 $ 411,661 $ 154,877 $ 332,930 $ 45,987 $ 2,816,737 Real Estate-Construction Risk Rating 1. Pass $ 27,984 $ 120,060 $ 42,327 $ 35,566 $ — $ 273 $ 9,913 $ 236,123 2. Special Mention — 23,889 500 4,571 20,000 — — 48,960 3. Substandard — — — — — — — — Total $ 27,984 $ 143,949 $ 42,827 $ 40,137 $ 20,000 $ 273 $ 9,913 $ 285,083 Real Estate-Residential Secured for Business Purpose Risk Rating 1. Pass $ 30,735 $ 143,361 $ 81,059 $ 47,555 $ 31,457 $ 46,896 $ 29,087 $ 410,150 2. Special Mention — — 253 — — 960 — 1,213 3. Substandard — — — — 43 929 151 1,123 Total $ 30,735 $ 143,361 $ 81,312 $ 47,555 $ 31,500 $ 48,785 $ 29,238 $ 412,486 Totals By Risk Rating 1. Pass $ 338,448 $ 1,245,162 $ 1,030,066 $ 511,428 $ 219,167 $ 437,066 $ 513,465 $ 4,294,802 2. Special Mention 912 28,682 10,974 29,702 34,329 7,788 16,638 129,025 3. Substandard — — 22,087 3,499 280 2,380 5,016 33,262 Total $ 339,360 $ 1,273,844 $ 1,063,127 $ 544,629 $ 253,776 $ 447,234 $ 535,119 $ 4,457,089 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Total At December 31, 2021 Commercial, Financial and Agricultural Risk Rating 1. Pass $ 215,197 $ 79,739 $ 69,618 $ 52,507 $ 23,253 $ 49,827 $ 442,288 $ 932,429 2. Special Mention 1,001 3,459 2,389 394 428 1,231 10,162 19,064 3. Substandard — — — — 16 200 4,687 4,903 Total $ 216,198 $ 83,198 $ 72,007 $ 52,901 $ 23,697 $ 51,258 $ 457,137 $ 956,396 Paycheck Protection Program Risk Rating 1. Pass $ 31,554 $ 194 $ — $ — $ — $ — $ — $ 31,748 2. Special Mention — — — — — — — — 3. Substandard — — — — — — — — Total $ 31,554 $ 194 $ — $ — $ — $ — $ — $ 31,748 Real Estate-Commercial Risk Rating 1. Pass $ 802,878 $ 858,426 $ 407,944 $ 155,892 $ 195,756 $ 172,702 $ 48,354 $ 2,641,952 2. Special Mention 2,567 14,338 23,134 — 916 5,630 98 46,683 3. Substandard — 22,055 3,405 1,995 1,110 1,335 — 29,900 Total $ 805,445 $ 894,819 $ 434,483 $ 157,887 $ 197,782 $ 179,667 $ 48,452 $ 2,718,535 Real Estate-Construction Risk Rating 1. Pass $ 137,622 $ 59,952 $ 38,592 $ 9,995 $ 198 $ — $ 8,543 $ 254,902 2. Special Mention 4,684 500 3,832 20,000 — — — 29,016 3. Substandard — — — — — — — — Total $ 142,306 $ 60,452 $ 42,424 $ 29,995 $ 198 $ — $ 8,543 $ 283,918 Real Estate-Residential Secured for Business Purpose Risk Rating 1. Pass $ 154,423 $ 84,982 $ 51,970 $ 34,373 $ 28,852 $ 25,819 $ 25,564 $ 405,983 2. Special Mention 210 352 — — 73 1,093 — 1,728 3. Substandard — — — 45 24 1,549 571 2,189 Total $ 154,633 $ 85,334 $ 51,970 $ 34,418 $ 28,949 $ 28,461 $ 26,135 $ 409,900 Totals By Risk Rating 1. Pass $ 1,341,674 $ 1,083,293 $ 568,124 $ 252,767 $ 248,059 $ 248,348 $ 524,749 $ 4,267,014 2. Special Mention 8,462 18,649 29,355 20,394 1,417 7,954 10,260 96,491 3. Substandard — 22,055 3,405 2,040 1,150 3,084 5,258 36,992 Total $ 1,350,136 $ 1,123,997 $ 600,884 $ 275,201 $ 250,626 $ 259,386 $ 540,267 $ 4,400,497 The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at March 31, 2022 or December 31, 2021. The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at March 31, 2022 or December 31, 2021. The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: Real estate-residential secured for personal purpose loans, Real estate-home equity secured for personal purpose loans, Loans to individuals and Lease financings. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2021. Loans and leases past due 90 days or more, loans and leases on nonaccrual status and troubled debt restructured loans and lease modifications are considered nonperforming. Nonperforming loans and leases are reviewed monthly. Performing loans and leases have a nominal to moderate risk of loss. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due. Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for Real estate-residential secured for personal purpose loans, Real estate-home equity secured for personal purpose loans, Loans to individuals and Lease financings by credit quality indicator at March 31, 2022 and December 31, 2021. Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total At March 31, 2022 Real Estate-Residential Secured for Personal Purpose Payment Performance 1. Performing $ 54,140 $ 216,048 $ 156,027 $ 29,247 $ 20,629 $ 90,321 $ 64 $ 566,476 2. Nonperforming — 52 621 — 371 1,215 — 2,259 Total $ 54,140 $ 216,100 $ 156,648 $ 29,247 $ 21,000 $ 91,536 $ 64 $ 568,735 Real Estate-Home Equity Secured for Personal Purpose Payment Performance 1. Performing $ 302 $ 943 $ 665 $ 359 $ 340 $ 2,086 $ 154,899 $ 159,594 2. Nonperforming — — — — 171 57 312 540 Total $ 302 $ 943 $ 665 $ 359 $ 511 $ 2,143 $ 155,211 $ 160,134 Loans to Individuals Payment Performance 1. Performing $ 387 $ 1,169 $ 785 $ 560 $ 368 $ 1,569 $ 21,226 $ 26,064 2. Nonperforming — — — — — 185 — 185 Total $ 387 $ 1,169 $ 785 $ 560 $ 368 $ 1,754 $ 21,226 $ 26,249 Lease Financings Payment Performance 1. Performing $ 21,441 $ 78,330 $ 46,930 $ 25,318 $ 13,314 $ 3,008 $ — $ 188,341 2. Nonperforming — 162 14 35 17 10 — 238 Total $ 21,441 $ 78,492 $ 46,944 $ 25,353 $ 13,331 $ 3,018 $ — $ 188,579 Totals by Payment Performance 1. Performing $ 76,270 $ 296,490 $ 204,407 $ 55,484 $ 34,651 $ 96,984 $ 176,189 $ 940,475 2. Nonperforming — 214 635 35 559 1,467 312 3,222 Total $ 76,270 $ 296,704 $ 205,042 $ 55,519 $ 35,210 $ 98,451 $ 176,501 $ 943,697 Term Loans Amortized Cost Basis by Origination Year (Dollars in thousands) 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Total At December 31, 2021 Real Estate-Residential Secured for Personal Purpose Payment Performance 1. Performing $ 219,680 $ 162,609 $ 34,102 $ 23,065 $ 19,912 $ 78,960 $ 189 $ 538,517 2. Nonperforming 53 634 — 371 — 991 — 2,049 Total $ 219,733 $ 163,243 $ 34,102 $ 23,436 $ 19,912 $ 79,951 $ 189 $ 540,566 Real Estate-Home Equity Secured for Personal Purpose Payment Performance 1. Performing $ 961 $ 876 $ 370 $ 415 $ 704 $ 1,655 $ 153,332 $ 158,313 2. Nonperforming — — — 173 — 60 363 596 Total $ 961 $ 876 $ 370 $ 588 $ 704 $ 1,715 $ 153,695 $ 158,909 Loans to Individuals Payment Performance 1. Performing $ 1,376 $ 893 $ 722 $ 466 $ 100 $ 1,673 $ 20,094 $ 25,324 2. Nonperforming — — — — — 180 — 180 Total $ 1,376 $ 893 $ 722 $ 466 $ 100 $ 1,853 $ 20,094 $ 25,504 Lease Financings Payment Performance 1. Performing $ 83,161 $ 51,808 $ 28,405 $ 16,389 $ 4,204 $ 391 $ — $ 184,358 2. Nonperforming — 14 64 58 7 40 — 183 Total $ 83,161 $ 51,822 $ 28,469 $ 16,447 $ 4,211 $ 431 $ — $ 184,541 Totals by Payment Performance 1. Performing $ 305,178 $ 216,186 $ 63,599 $ 40,335 $ 24,920 $ 82,679 $ 173,615 $ 906,512 2. Nonperforming 53 648 64 602 7 1,271 363 3,008 Total $ 305,231 $ 216,834 $ 63,663 $ 40,937 $ 24,927 $ 83,950 $ 173,978 $ 909,520 The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at March 31, 2022 or December 31, 2021. Allowance for Credit Losses on Loans and Leases and Recorded Investment in Loans and Leases The allowance for credit losses (ACL) on loans decreased during the three months ended March 31, 2022 primarily due to favorable changes in economic-related assumptions, which were impacted by the ongoing recovery from the COVID-19 pandemic, partially offset by loan growth. There were no changes to the reasonable and supportable forecast period, the reversion period, or any significant methodology changes during the three months ended March 31, 2022. The following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the three months ended March 31, 2022 and 2021: (Dollars in thousands) Beginning balance Provision (reversal of provision) for credit losses Charge-offs Recoveries Ending balance Three Months Ended March 31, 2022 Allowance for credit losses, loans and leases: Commercial, Financial and Agricultural $ 13,536 $ (1,671) $ (214) $ 189 $ 11,840 Paycheck Protection Program 2 (1) — — 1 Real Estate-Commercial 41,095 (669) — — 40,426 Real Estate-Construction 4,575 (941) — — 3,634 Real Estate-Residential Secured for Business Purpose 6,482 (328) — 48 6,202 Real Estate-Residential Secured for Personal Purpose 2,403 189 — — 2,592 Real Estate-Home Equity Secured for Personal Purpose 1,028 (53) — 1 976 Loans to Individuals 363 57 (75) 24 369 Lease Financings 2,290 5 (59) 10 2,246 Unallocated 150 (150) N /A N/A — Total $ 71,924 $ (3,562) $ (348) $ 272 $ 68,286 Three Months Ended March 31, 2021 Allowance for credit losses, loans and leases: Commercial, Financial and Agricultural $ 13,584 $ (3,078) $ (338) $ 65 $ 10,233 Real Estate-Commercial 52,230 (6,771) — — 45,459 Real Estate-Construction 3,298 (499) — — 2,799 Real Estate-Residential Secured for Business Purpose 7,317 (679) — 54 6,692 Real Estate-Residential Secured for Personal Purpose 3,055 1 — — 3,056 Real Estate-Home Equity Secured for Personal Purpose 1,176 79 — 2 1,257 Loans to Individuals 533 (58) (56) 28 447 Lease Financings 1,701 (254) (91) 48 1,404 Unallocated 150 — N/A N/A 150 Total $ 83,044 $ (11,259) $ (485) $ 197 $ 71,497 N /A – Not applicable The following presents, by portfolio segment, the balance in the ACL on loans and leases, disaggregated on the basis of whether the loan or lease was measured for credit loss as a pooled loan or lease or if it was individually analyzed for a reserve at March 31, 2022 and 2021: Allowance for credit losses, loans and leases Loans and leases held for investment (Dollars in thousands) Ending balance: individually analyzed Ending balance: pooled Total ending balance Ending balance: individually analyzed Ending balance: pooled Loans measured at fair value Total ending balance At March 31, 2022 Commercial, Financial and Agricultural $ — $ 11,840 $ 11,840 $ 448 $ 932,037 $ — $ 932,485 Paycheck Protection Program — 1 1 — 10,298 — 10,298 Real Estate-Commercial 954 39,472 40,426 26,411 2,790,313 13 2,816,737 Real Estate-Construction — 3,634 3,634 — 285,083 — 285,083 Real Estate-Residential Secured for Business Purpose — 6,202 6,202 1,120 411,366 — 412,486 Real Estate-Residential Secured for Personal Purpose — 2,592 2,592 2,259 566,476 — 568,735 Real Estate-Home Equity Secured for Personal Purpose — 976 976 489 159,645 — 160,134 Loans to Individuals — 369 369 — 26,249 — 26,249 Lease Financings — 2,246 2,246 — 188,579 — 188,579 Unallocated N/A — — N/A N/A N/A N/A Total $ 954 $ 67,332 $ 68,286 $ 30,727 $ 5,370,046 $ 13 $ 5,400,786 At March 31, 2021 Commercial, Financial and Agricultural $ 253 $ 9,980 $ 10,233 $ 2,006 $ 869,990 $ — $ 871,996 Paycheck Protection Program — — — — 528,452 — 528,452 Real Estate-Commercial — 45,459 45,459 22,026 2,509,522 152 2,531,700 Real Estate-Construction — 2,799 2,799 — 249,652 — 249,652 Real Estate-Residential Secured for Business Purpose 3 6,689 6,692 2,859 384,942 — 387,801 Real Estate-Residential Secured for Personal Purpose 25 3,031 3,056 1,867 492,482 — 494,349 Real Estate-Home Equity Secured for Personal Purpose — 1,257 1,257 1,089 161,440 — 162,529 Loans to Individuals — 447 447 — 25,468 — 25,468 Lease Financings — 1,404 1,404 — 163,059 — 163,059 Unallocated N/A 150 150 N/A N/A N/A N/A Total $ 281 $ 71,216 $ 71,497 $ 29,847 $ 5,385,007 $ 152 $ 5,415,006 N/A – Not applicable Troubled Debt Restructured Loans The following presents, by class of loans, information regarding troubled debt restructurings of accruing and nonaccrual loans. Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (Dollars in thousands) Number Pre- Post- Number Pre- Post- Accruing Troubled Debt Restructured Loans: Total — $ — $ — — $ — $ — Nonaccrual Troubled Debt Restructured Loans: Real estate—residential secured for business purpose 1 $ 87 $ 87 — — — Total 1 $ 87 $ 87 — $ — $ — The Corporation modified certain loans and leases via principal and/or interest deferrals in accordance with Section 4013 of the CARES Act, the Consolidated Appropriations Act, 2021 and the Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus and have not categorized these modifications as troubled debt restructurings. These loans and leases had a combined principal balance of approximately $2.7 million as of March 31, 2022, which represents approximately 0.1% of the loan portfolio, excluding PPP loans. The following presents, by class of loans, information regarding the types of concessions granted on accruing and nonaccrual loans that were restructured during the three months ended March 31, 2022 and 2021. Maturity Date (Dollars in thousands) No. of Amount Three Months Ended March 31, 2022 Accruing Troubled Debt Restructured Loans: Total — $ — Nonaccrual Troubled Debt Restructured Loans: Real estate—residential secured for business purpose 1 $ 87 Total 1 $ 87 Three Months Ended March 31, 2021 Accruing Troubled Debt Restructured Loans: Total — $ — Nonaccrual Troubled Debt Restructured Loans: Total — $ — There were no accruing or nonaccrual troubled debt restructured loans for which there were payment defaults within twelve months of the restructuring date for the three months ended March 31, 2022 or March 31, 2021. There were no consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at March 31, 2022 or December 31, 2021. There was no foreclosed residential real estate property included in other real estate owned at March 31, 2022 or December 31, 2021. Lease Financings The following presents the schedule of minimum lease payments receivable: (Dollars in thousands) At March 31, 2022 At December 31, 2021 2022 (excluding the three months ended March 31, 2022) $ 53,014 $ 67,458 2023 59,657 54,859 2024 43,803 39,019 2025 28,588 24,426 2026 14,730 11,039 Thereafter 3,985 2,951 Total future minimum lease payments receivable 203,777 199,752 Plus: Unguaranteed residual 1,258 1,186 Plus: Initial direct costs 2,748 2,707 Less: Imputed interest (19,204) (19,104) Lease financings $ 188,579 $ 184,541 |