Loans and Allowance for Credit Losses | Loans and Allowance for Credit Losses Loans Held for Sale Loans held for sale are comprised entirely of 1-4 family residential mortgage loans as of June 30, 2023 and December 31, 2022. Loans Held for Investment The following table presents amortized cost and unpaid principal balance of loans, categorized by the segments used in the Company's Current Expected Credit Losses methodology to assess credit risk, for the periods indicated: June 30, 2023 December 31, 2022 (In Thousands) Amortized Cost Unpaid Principal Difference Amortized Cost Unpaid Principal Difference Commercial & industrial loans $418,752 $420,443 ($1,691) $358,128 $359,900 ($1,772) Commercial real estate: Owner occupied properties 348,834 350,411 (1,577) 349,973 351,580 (1,607) Non-owner occupied and multifamily properties 490,821 494,505 (3,684) 482,270 486,021 (3,751) Residential real estate: 1-4 family residential properties secured by first liens 160,546 160,467 79 73,381 73,674 (293) 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 25,156 24,970 186 20,259 20,103 156 1-4 family residential construction loans 35,349 35,527 (178) 44,000 44,314 (314) Other construction, land development and raw land loans 95,124 96,015 (891) 99,182 100,075 (893) Obligations of states and political subdivisions in the US 35,325 35,327 (2) 32,539 32,540 (1) Agricultural production, including commercial fishing 40,767 40,975 (208) 34,099 34,263 (164) Consumer loans 5,551 5,498 53 4,335 4,293 42 Other loans 3,014 3,035 (21) 3,619 3,632 (13) Total 1,659,239 1,667,173 (7,934) 1,501,785 1,510,395 (8,610) Allowance for credit losses (15,645) (13,838) $1,643,594 $1,667,173 ($7,934) $1,487,947 $1,510,395 ($8,610) The difference between the amortized cost and unpaid principal balance is net deferred origination fees totaling $7.9 million at June 30, 2023 and $8.6 million at December 31, 2022. Accrued interest on loans, which is excluded from the amortized cost of loans held for investment, totaled $6.7 million and $5.5 million at June 30, 2023 and December 31, 2022, respectively, and is included in other assets in the Consolidated Balance Sheets. Amortized cost in the above table includes $3.6 million and $7.1 million as of June 30, 2023 and December 31, 2022, respectively, in Paycheck Protection Program loans administered by the U.S. Small Business Administration ("SBA") within the Commercial & industrial loan segment. Allowance for Credit Losses The activity in the ACL related to loans held for investment for the periods indicated is as follows: Three Months Ended June 30, Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2023 Commercial & industrial loans $3,080 $366 ($49) $21 $3,418 Commercial real estate: Owner occupied properties 2,778 29 — — 2,807 Non-owner occupied and multifamily properties 3,174 86 — — 3,260 Residential real estate: 1-4 family residential properties secured by first liens 2,226 980 — — 3,206 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 392 26 — 5 423 1-4 family residential construction loans 260 (54) — — 206 Other construction, land development and raw land loans 1,925 71 — — 1,996 Obligations of states and political subdivisions in the US 106 (18) — — 88 Agricultural production, including commercial fishing 150 12 — — 162 Consumer loans 61 12 — 1 74 Other loans 5 — — — 5 Total $14,157 $1,510 ($49) $27 $15,645 2022 Commercial & industrial loans $2,901 $123 ($166) $103 $2,961 Commercial real estate: Owner occupied properties 2,513 60 — — 2,573 Non-owner occupied and multifamily properties 3,063 44 — — 3,107 Residential real estate: 1-4 family residential properties secured by first liens 510 110 — — 620 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 301 17 — 9 327 1-4 family residential construction loans 210 21 — — 231 Other construction, land development and raw land loans 1,550 (88) — — 1,462 Obligations of states and political subdivisions in the US 52 7 — — 59 Agricultural production, including commercial fishing 128 (8) — 7 127 Consumer loans 75 (12) — 1 64 Other loans 7 (1) — — 6 Total $11,310 $273 ($166) $120 $11,537 Six Months Ended June 30, Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2023 Commercial & industrial loans $2,914 $467 ($49) $86 $3,418 Commercial real estate: Owner occupied properties 3,094 (287) — — 2,807 Non-owner occupied and multifamily properties 3,615 (355) — — 3,260 Residential real estate: 1-4 family residential properties secured by first liens 1,413 1,793 — — 3,206 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 389 22 — 12 423 1-4 family residential construction loans 312 (106) — — 206 Other construction, land development and raw land loans 1,803 193 — — 1,996 Obligations of states and political subdivisions in the US 79 9 — — 88 Agricultural production, including commercial fishing 145 17 — — 162 Consumer loans 68 17 (14) 3 74 Other loans 6 (1) — — 5 Total $13,838 $1,769 ($63) $101 $15,645 2022 Commercial & industrial loans $3,027 $279 ($461) $116 $2,961 Commercial real estate: Owner occupied properties 3,176 (603) — — 2,573 Non-owner occupied and multifamily properties 2,930 177 — — 3,107 Residential real estate: 1-4 family residential properties secured by first liens 439 181 — — 620 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 215 91 — 21 327 1-4 family residential construction loans 120 111 — — 231 Other construction, land development and raw land loans 1,635 (173) — — 1,462 Obligations of states and political subdivisions in the US 32 27 — — 59 Agricultural production, including commercial fishing 91 21 — 15 127 Consumer loans 67 (4) — 1 64 Other loans 7 (1) — — 6 Total $11,739 $106 ($461) $153 $11,537 The following table shows gross charge-offs by grade and by year of loan origination for the periods indicated: Six Months Ended June 30, (In Thousands) 2023 2022 2021 2020 2019 Prior Total 2023 Commercial & industrial loans $— $— $49 $— $— $— $49 Commercial real estate: Owner occupied properties — — — — — — — Non-owner occupied and multifamily properties — — — — — — — Residential real estate: 1-4 family residential properties secured by first liens — — — — — — — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — — — — — — 1-4 family residential construction loans — — — — — — — Other construction, land development and raw land loans — — — — — — — Obligations of states and political subdivisions in the US — — — — — — — Agricultural production, including commercial fishing — — — — — — — Consumer loans — 1 — — — 13 14 Other loans — — — — — — — Total $— $1 $49 $— $— $13 $63 Credit Quality Information As part of the on-going monitoring of the credit quality of the Company’s loan portfolio, management utilizes a loan risk grading system called the Asset Quality Rating (“AQR”) system to assign a risk classification to each of its loans. The risk classification is a dual rating system that contemplates both probability of default and risk of loss given default. Loans are graded on a scale of 1 to 10 and, loans graded 1 – 6 are considered “pass” grade loans. Loans graded 7 or higher are considered "classified" loans. A description of the general characteristics of the AQR risk classifications are as follows: Pass grade loans – 1 through 6: The borrower demonstrates sufficient cash flow to fund debt service, including acceptable profit margins, cash flows, liquidity and other balance sheet ratios. Historic and projected performance indicates that the borrower is able to meet obligations under most economic circumstances. The borrower has competent management with an acceptable track record. The category does not include loans with undue or unwarranted credit risks that constitute identifiable weaknesses. Classified loans: Special Mention – 7: A "special mention" credit has weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset at some future date. Substandard – 8: A "substandard" credit is inadequately protected by the current worth and paying capacity of the obligor or by the collateral pledged, if any. Assets so classified must have a well-defined weakness, or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Northrim Bank will sustain some loss if the deficiencies are not corrected. Doubtful – 9: An asset classified "doubtful" has all the weaknesses inherent in one that is classified "substandard-8" with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions, and values, highly questionable and improbable. The loan has substandard characteristics, and available information suggests that it is unlikely that the loan will be repaid in its entirety. Loss – 10: An asset classified "loss" is considered uncollectible and of such little value that its continuance on the books is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this basically worthless asset, even though partial recovery may be affected in the future. The following tables present the Company's portfolio of risk-rated loans by grade and by year of origination. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. June 30, 2023 2023 2022 2021 2020 2019 Prior Total (In Thousands) Commercial & industrial loans Pass $84,022 $157,326 $67,058 $34,816 $14,899 $47,016 $405,137 Classified 2,468 1,988 6,108 296 74 2,681 13,615 Total commercial & industrial loans $86,490 $159,314 $73,166 $35,112 $14,973 $49,697 $418,752 Commercial real estate: Owner occupied properties Pass $20,413 $70,774 $69,552 $78,317 $30,643 $74,370 $344,069 Classified — — — 1,189 — 3,576 4,765 Total commercial real estate owner occupied properties $20,413 $70,774 $69,552 $79,506 $30,643 $77,946 $348,834 Non-owner occupied and multifamily properties Pass $26,893 $88,664 $84,365 $68,986 $57,212 $155,191 $481,311 Classified — — — — — 9,510 9,510 Total commercial real estate non-owner occupied and multifamily properties $26,893 $88,664 $84,365 $68,986 $57,212 $164,701 $490,821 Residential real estate: 1-4 family residential properties secured by first liens Pass $92,980 $48,795 $4,349 $5,009 $2,469 $6,757 $160,359 Classified — — — — — 187 187 Total residential real estate 1-4 family residential properties secured by first liens $92,980 $48,795 $4,349 $5,009 $2,469 $6,944 $160,546 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $4,976 $6,636 $3,739 $1,749 $2,610 $5,112 $24,822 Classified — — — — — 334 334 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $4,976 $6,636 $3,739 $1,749 $2,610 $5,446 $25,156 1-4 family residential construction loans Pass $11,456 $14,639 $2,004 $419 $— $6,722 $35,240 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $11,456 $14,639 $2,004 $419 $— $6,831 $35,349 Other construction, land development and raw land loans Pass $9,629 $38,765 $27,770 $7,508 $1,500 $8,163 $93,335 Classified — — — — — 1,789 1,789 Total other construction, land development and raw land loans $9,629 $38,765 $27,770 $7,508 $1,500 $9,952 $95,124 Obligations of states and political subdivisions in the US Pass $— $29,346 $4,055 $1,771 $— $153 $35,325 Classified — — — — — — — Total obligations of states and political subdivisions in the US $— $29,346 $4,055 $1,771 $— $153 $35,325 Agricultural production, including commercial fishing Pass $7,049 $10,377 $17,006 $3,582 $594 $2,159 $40,767 Classified — — — — — — — Total agricultural production, including commercial fishing $7,049 $10,377 $17,006 $3,582 $594 $2,159 $40,767 Consumer loans Pass $2,076 $1,209 $303 $391 $313 $1,259 $5,551 Classified — — — — — — — Total consumer loans $2,076 $1,209 $303 $391 $313 $1,259 $5,551 Other loans Pass $610 $203 $319 $1,492 $351 $39 $3,014 Classified — — — — — — — Total other loans $610 $203 $319 $1,492 $351 $39 $3,014 Total loans Pass $260,104 $466,734 $280,520 $204,040 $110,591 $306,941 $1,628,930 Classified 2,468 1,988 6,108 1,485 74 18,186 30,309 Total loans $262,572 $468,722 $286,628 $205,525 $110,665 $325,127 $1,659,239 Total pass loans $260,104 $466,734 $280,520 $204,040 $110,591 $306,941 $1,628,930 Government guarantees (2,965) (24,663) (29,973) (9,042) (12,519) (8,004) (87,166) Total pass loans, net of government guarantees $257,139 $442,071 $250,547 $194,998 $98,072 $298,937 $1,541,764 Total classified loans $2,468 $1,988 $6,108 $1,485 $74 $18,186 $30,309 Government guarantees (2,271) — (5,497) (1,070) — (8,662) (17,500) Total classified loans, net government guarantees $197 $1,988 $611 $415 $74 $9,524 $12,809 December 31, 2022 2022 2021 2020 2019 2018 Prior Total (In Thousands) Commercial & industrial loans Pass $157,555 $86,543 $37,147 $17,881 $9,844 $40,571 $349,541 Classified 137 4,879 397 91 2,737 346 8,587 Total commercial & industrial loans $157,692 $91,422 $37,544 $17,972 $12,581 $40,917 $358,128 Commercial real estate: Owner occupied properties Pass $66,955 $70,777 $90,496 $32,564 $13,233 $69,701 $343,726 Classified — — 1,261 — 165 4,821 6,247 Total commercial real estate owner occupied properties $66,955 $70,777 $91,757 $32,564 $13,398 $74,522 $349,973 Non-owner occupied and multifamily properties Pass $94,412 $82,352 $71,407 $58,033 $16,905 $149,223 $472,332 Classified — — — 274 3 9,661 9,938 Total commercial real estate non-owner occupied and multifamily properties $94,412 $82,352 $71,407 $58,307 $16,908 $158,884 $482,270 Residential real estate: 1-4 family residential properties secured by first liens Pass $52,117 $5,088 $6,001 $2,535 $462 $6,968 $73,171 Classified — — — — 79 131 210 Total residential real estate 1-4 family residential properties secured by first liens $52,117 $5,088 $6,001 $2,535 $541 $7,099 $73,381 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $6,992 $3,376 $2,041 $2,763 $2,781 $2,060 $20,013 Classified — — — 239 7 246 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $6,992 $3,376 $2,041 $2,763 $3,020 $2,067 $20,259 1-4 family residential construction loans Pass $26,860 $3,897 $61 $— $— $13,073 $43,891 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $26,860 $3,897 $61 $— $— $13,182 $44,000 Other construction, land development and raw land loans Pass $38,673 $42,448 $5,740 $1,713 $3,675 $5,112 $97,361 Classified — — — — 369 1,452 1,821 Total other construction, land development and raw land loans $38,673 $42,448 $5,740 $1,713 $4,044 $6,564 $99,182 Obligations of states and political subdivisions in the US Pass $32,319 $— $— $— $219 $1 $32,539 Classified — — — — — — — Total obligations of states and political subdivisions in the US $32,319 $— $— $— $219 $1 $32,539 Agricultural production, including commercial fishing Pass $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Classified — — — — — — — Total agricultural production, including commercial fishing $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Consumer loans Pass $1,513 $363 $481 $345 $235 $1,391 $4,328 Classified — — — — — 7 7 Total consumer loans $1,513 $363 $481 $345 $235 $1,398 $4,335 Other loans Pass $1,291 $330 $1,547 $384 $— $67 $3,619 Classified — — — — — — — Total other loans $1,291 $330 $1,547 $384 $— $67 $3,619 Total loans Pass $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Classified 137 4,879 1,658 365 3,592 16,534 27,165 Total loans $488,572 $317,745 $220,319 $117,187 $51,825 $306,137 $1,501,785 Total pass loans $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Government guarantees (25,172) (36,531) (9,751) (12,885) (2,964) (5,314) (92,617) Total pass loans, net of government guarantees $463,263 $276,335 $208,910 $103,937 $45,269 $284,289 $1,382,003 Total classified loans $137 $4,879 $1,658 $365 $3,592 $16,534 $27,165 Government guarantees — (4,396) (1,135) — — (9,293) (14,824) Total classified loans, net government guarantees $137 $483 $523 $365 $3,592 $7,241 $12,341 Past Due Loans: The following tables present an aging of contractually past due loans as of the periods presented: (In Thousands) 30-59 Days 60-89 Days Greater Than Total Past Current Total Greater Than 90 Days Past Due Still Accruing June 30, 2023 Commercial & industrial loans $— $— $400 $400 $418,352 $418,752 $— Commercial real estate: Owner occupied properties — — 411 411 348,423 348,834 — Non-owner occupied and multifamily properties — — — 490,821 490,821 — Residential real estate: 1-4 family residential properties secured by first liens 28 128 — 156 160,390 160,546 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — 161 161 24,995 25,156 — 1-4 family residential construction loans — — 109 109 35,240 35,349 — Other construction, land development and raw land loans — 1,545 1,545 93,579 95,124 — Obligations of states and political subdivisions in the US — — — — 35,325 35,325 — Agricultural production, including commercial fishing — — — — 40,767 40,767 — Consumer loans — — — — 5,551 5,551 — Other loans — — — — 3,014 3,014 — Total $28 $128 $2,626 $2,782 $1,656,457 $1,659,239 $— December 31, 2022 Commercial & industrial loans $37 $521 $56 $614 $357,514 $358,128 $— Commercial real estate: Owner occupied properties — — 798 798 349,175 349,973 — Non-owner occupied and multifamily properties — — 274 274 481,996 482,270 — Residential real estate: 1-4 family residential properties secured by first liens 60 79 72 211 73,170 73,381 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 112 — 127 239 20,020 20,259 — 1-4 family residential construction loans — — 109 109 43,891 44,000 — Other construction, land development and raw land loans — — 1,545 1,545 97,637 99,182 — Obligations of states and political subdivisions in the US — — — — 32,539 32,539 — Agricultural production, including commercial fishing — — — — 34,099 34,099 — Consumer loans 6 80 — 86 4,249 4,335 — Other loans — — — — 3,619 3,619 — Total $215 $680 $2,981 $3,876 $1,497,909 $1,501,785 $— Nonaccrual loans: Nonaccrual loans net of government guarantees totaled $5.3 million and $6.4 million at June 30, 2023 and December 31, 2022, respectively. The following table presents loans on nonaccrual status and loans on nonaccrual status for the periods presented for which there was no related ACL. All loans with no ACL are individually evaluated for credit losses in the Company's Current Expected Credit Losses methodology. June 30, 2023 December 31, 2022 (In Thousands) Nonaccrual Nonaccrual With No ACL Nonaccrual Nonaccrual With No ACL Commercial & industrial loans $5,236 $5,236 $3,294 $3,287 Commercial real estate: Owner occupied properties 470 470 1,457 1,457 Non-owner occupied and multifamily properties — — 274 274 Residential real estate: 1-4 family residential properties secured by first liens 132 129 151 144 1-4 family residential properties secured by junior liens 231 186 246 198 1-4 family residential construction loans 109 109 109 109 Other construction, land development and raw land loans 1,545 1,545 1,545 1,545 Total nonaccrual loans 7,723 7,675 7,076 7,014 Government guarantees on nonaccrual loans (2,374) (2,374) (646) (646) Net nonaccrual loans $5,349 $5,301 $6,430 $6,368 There was no interest on nonaccrual loans reversed through interest income during three and six-month periods ending June 30, 2023. There was no interest on nonaccrual loans reversed through interest income during the three-month period ending June 30, 2022 and $2,000 interest on nonaccrual loans reversed through interest income during the six-month period ending June 30, 2022. There was no interest earned on nonaccrual loans with a principal balance during the three and six-month periods ending June 30, 2023 and June 30, 2022. However, the Company recognized interest income of $205,000 and $873,000 in the three-month periods ending June 30, 2023 and 2022, respectively, and $384,000 and $930,000 in the six-month periods ending June 30, 2023 and 2022, respectively, related to interest collected on nonaccrual loans whose principal had been paid down to zero. Loan Modifications: The Company modifies loans to borrowers experiencing financial difficulty as a normal part of our business. These modifications include providing term extensions/modifications, payment modifications, interest rate modifications, or, on rare occasions, principal forgiveness. When principal forgiveness is provided, the amount of forgiveness is charged-off against the ACL. The Company may provide multiple types of concessions on one loan. As noted in Note 1, the Company adopted ASU 2022-02 effective January 1, 2023. ASU 2022-02 eliminates the accounting guidance for loans classified as TDRs. TDRs totaled $5.1 million at December 31, 2022. The following table shows the amortized cost basis of the loans that were both experiencing financial difficulty and modified during the period indicated, by class and type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers experiencing financial difficulty as compared to the amortized cost basis of each class of financing receivable is also presented below: June 30, 2023 Term Modification Payment Modification Interest Rate Modification Principal Forgiveness Total Modifications Percentage of Class of Financing Receivable (In Thousands) Commercial & industrial loans $2,468 $1,988 $— $— $4,456 1 % Commercial real estate: Owner occupied properties — — — — — — % Non-owner occupied and multifamily properties — — — — — — % Residential real estate: 1-4 family residential properties secured by first liens — — — — — — % 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — — — — — % 1-4 family residential construction loans — — — — — — % Other construction, land development and raw land loans — — — — — — % Obligations of states and political subdivisions in the US — — — — — — % Agricultural production, including commercial fishing — — — — — — % Consumer loans — — — — — — % Other loans — — — — — — % Total $2,468 $1,988 $— $— $4,456 — % The Company has no outstanding commitments to the borrowers included in the previous table. The Company monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. As of June 30, 2023, no loan modifications were past due. The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the three-months ended June 30, 2023: June 30, 2023 Principal Forgiveness Weighted-Average Interest Rate Reduction Weighted-Average Term Extension (months) (In Thousands) Commercial & industrial loans $— — % 3 Commercial real estate: Owner occupied properties — — % 0 Non-owner occupied and multifamily properties — — % 0 Residential real estate: 1-4 family residential properties secured by first liens — — % 0 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — % 0 1-4 family residential construction loans — — % 0 Other construction, land development and raw land loans — — % 0 Obligations of states and political subdivisions in the US — — % 0 Agricultural production, including commercial fishing — — % 0 Consumer loans — — % 0 Other loans — — % 0 Total $— — % 3 There were no loans that had a payment default during the three-months ended June 30, 2023 which were modified in the twelve months prior to that default to borrowers experiencing financial difficulty. Upon the Company's determination that a modified loan (or a portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. The provisions of the Coronavirus Aid, Relief, and Economic Security ("CARES") Act included an election to not apply the guidance on accounting for TDRs to loan modifications, such as extensions or deferrals, related to COVID-19 made between March 1, 2020 and the earlier of (i) January 1, 2022 or (ii) 60 days after the end of the COVID-19 national emergency. The relief can only be applied to modifications for borrowers that were not more than 30 days past due as of December 31, 2019. The Company has elected to adopt these provisions of the CARES Act. As of June 30, 2023, the Company has no loan modifications related to COVID-19, which are not classified as TDRs. At December 31, 2022, the Company had made the following types of loan modifications related to COVID-19, which are not classified as TDRs principal balance outstanding of: Loan Modifications due to COVID-19 as of December 31, 2022 (Dollars in thousands) Interest Only Full Payment Deferral Total Portfolio loans $999 $— $999 Number of modifications 1 — 1 |