Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Loans The period end loan composition was as follows: ($ in Thousands) Dec 31, 2022 Dec 31, 2021 Asset-based lending & equipment finance (a) $ 458,887 $ 178,027 Commercial and industrial 9,300,567 8,274,358 Commercial real estate - owner occupied 991,722 971,326 Commercial and business lending 10,751,176 9,423,711 Commercial real estate - investor 5,080,344 4,384,569 Real estate construction 2,155,222 1,808,976 Commercial real estate lending 7,235,565 6,193,545 Total commercial 17,986,742 15,617,256 Residential mortgage 8,511,550 7,567,310 Auto finance 1,382,073 143,045 Home equity 624,353 595,615 Other consumer 294,851 301,723 Total consumer 10,812,828 8,607,693 Total loans $ 28,799,569 $ 24,224,949 (a) Dec 31, 2021 does not include equipment finance . Accrued interest receivable on loans totaled $113 million at December 31, 2022, and $55 million at December 31, 2021, and is included in interest receivable on the consolidated balance sheets. Interest accrued but not received for loans placed on nonaccrual is reversed against interest income. The amount of accrued interest reversed totaled approximately $491,000 for the year ended December 31, 2022, and approximately $574,000 for the year ended December 31, 2021. The Corporation has granted loans to its directors, executive officers, or their related interests. These loans were made on substantially the same terms, including rates and collateral, as those prevailing at the time for comparable transactions with other unrelated customers, and do not involve more than a normal risk of collection. These loans to related parties are summarized below: ($ in Thousands) 2022 2021 Balance at beginning of year $ 45,245 $ 29,420 New loans 2,656 24,218 Repayments (1,416) (8,244) Change due to status of executive officers and directors (43,110) (150) Balance at end of year $ 3,376 $ 45,245 The following table presents commercial and consumer loans by credit quality indicator by origination year at December 31, 2022: Term Loans Amortized Cost Basis by Origination Year (a) ($ in Thousands) Rev Loans Converted to Term (a) Rev Loans Amortized Cost Basis 2022 2021 2020 2019 2018 Prior Total Asset-based lending & equipment finance: Risk rating: Pass $ — $ 47,446 $ 269,258 $ 121,914 $ 1,832 $ 653 $ 85 $ — $ 441,189 Potential Problem — — 1,448 — 16,250 — — — 17,698 Asset-based lending & equipment finance $ — $ 47,446 $ 270,706 $ 121,914 $ 18,082 $ 653 $ 85 $ — $ 458,887 Commercial and industrial: Risk rating: Pass $ 1,423 $ 1,891,331 $ 2,976,288 $ 2,245,094 $ 566,001 $ 572,467 $ 330,557 $ 432,906 $ 9,014,644 Special Mention — 93,209 3,411 23,607 — — 19 32,497 152,744 Potential Problem 447 24,549 39,952 4,193 5,637 38,169 218 6,133 118,851 Nonaccrual 3,926 — 5,210 — 9,119 — — — 14,329 Commercial and industrial $ 5,796 $ 2,009,089 $ 3,024,861 $ 2,272,895 $ 580,757 $ 610,636 $ 330,794 $ 471,535 $ 9,300,567 Commercial real estate - owner occupied: Risk rating: Pass $ — $ 12,447 $ 211,645 $ 225,627 $ 163,965 $ 160,370 $ 73,487 $ 97,420 $ 944,961 Special Mention — — — — 1,136 1,491 9,713 — 12,339 Potential Problem — 1,325 1,238 11,141 5,523 10,769 370 4,055 34,422 Commercial real estate - owner occupied $ — $ 13,772 $ 212,883 $ 236,769 $ 170,624 $ 172,630 $ 83,570 $ 101,475 $ 991,722 Commercial and business lending: Risk rating: Pass $ 1,423 $ 1,951,224 $ 3,457,191 $ 2,592,636 $ 731,798 $ 733,490 $ 404,129 $ 530,326 $ 10,400,794 Special Mention — 93,209 3,411 23,607 1,136 1,491 9,732 32,497 165,083 Potential Problem 447 25,874 42,638 15,335 27,410 48,938 589 10,188 170,971 Nonaccrual 3,926 — 5,210 — 9,119 — — — 14,329 Commercial and business lending $ 5,796 $ 2,070,307 $ 3,508,450 $ 2,631,578 $ 769,463 $ 783,919 $ 414,449 $ 573,010 $ 10,751,176 Commercial real estate - investor: Risk rating: Pass $ 38,412 $ 106,280 $ 1,633,094 $ 1,419,000 $ 683,121 $ 530,444 $ 262,858 $ 210,299 $ 4,845,096 Special Mention — — 61,968 24,149 7,361 9,400 — 10,455 113,333 Potential Problem — — 16,147 21,303 27,635 1,333 19,017 7,099 92,535 Nonaccrual — — 2,177 25,668 — — — 1,535 29,380 Commercial real estate - investor $ 38,412 $ 106,280 $ 1,713,387 $ 1,490,120 $ 718,117 $ 541,177 $ 281,875 $ 229,387 $ 5,080,344 Real estate construction: Risk rating: Pass $ — $ 29,892 $ 900,593 $ 913,107 $ 241,230 $ 12,062 $ 2,226 $ 9,775 $ 2,108,885 Special Mention — — — — 12,174 33,087 — — 45,261 Potential Problem — — — — 970 — — — 970 Nonaccrual — — — — — — — 105 105 Real estate construction $ — $ 29,892 $ 900,593 $ 913,107 $ 254,374 $ 45,149 $ 2,226 $ 9,880 $ 2,155,222 Commercial real estate lending: Risk rating: Pass $ 38,412 $ 136,173 $ 2,533,687 $ 2,332,107 $ 924,351 $ 542,505 $ 265,083 $ 220,073 $ 6,953,981 Special Mention — — 61,968 24,149 19,535 42,487 — 10,455 158,595 Potential Problem — — 16,147 21,303 28,605 1,333 19,017 7,099 93,505 Nonaccrual — — 2,177 25,668 — — — 1,640 29,485 Commercial real estate lending $ 38,412 $ 136,173 $ 2,613,980 $ 2,403,227 $ 972,492 $ 586,326 $ 284,101 $ 239,267 $ 7,235,565 Total commercial: Risk rating: Pass $ 39,835 $ 2,087,396 $ 5,990,879 $ 4,924,743 $ 1,656,149 $ 1,275,996 $ 669,213 $ 750,399 $ 17,354,774 Special Mention — 93,209 65,379 47,756 20,671 43,978 9,732 42,952 323,677 Potential Problem 447 25,874 58,785 36,638 56,016 50,271 19,606 17,287 264,476 Nonaccrual 3,926 — 7,387 25,668 9,119 — — 1,640 43,814 Total commercial $ 44,208 $ 2,206,480 $ 6,122,430 $ 5,034,805 $ 1,741,955 $ 1,370,245 $ 698,550 $ 812,278 $ 17,986,742 Term Loans Amortized Cost Basis by Origination Year (a) ($ in Thousands) Rev Loans Converted to Term (a) Rev Loans Amortized Cost Basis 2022 2021 2020 2019 2018 Prior Total Residential mortgage: Risk rating: Pass $ — $ — $ 1,410,566 $ 2,184,125 $ 1,716,663 $ 817,164 $ 370,724 $ 1,951,406 $ 8,450,648 Special Mention — — — 284 96 — — 63 444 Potential Problem — — 455 71 — 738 29 685 1,978 Nonaccrual — — 8,506 3,851 6,219 3,744 5,014 31,145 58,480 Residential mortgage $ — $ — $ 1,419,527 $ 2,188,332 $ 1,722,979 $ 821,645 $ 375,768 $ 1,983,299 $ 8,511,550 Auto finance: Risk rating: Pass $ — $ — $ 1,271,205 $ 106,102 $ 333 $ 1,267 $ 446 $ 61 $ 1,379,414 Special Mention — — 1,052 118 — — — — 1,170 Nonaccrual — — 1,149 331 — 9 — — 1,490 Auto finance $ — $ — $ 1,273,406 $ 106,551 $ 333 $ 1,276 $ 446 $ 61 $ 1,382,073 Home equity: Risk rating: Pass $ 7,254 $ 508,212 $ 31,389 $ 6,508 $ 2,112 $ 6,197 $ 6,966 $ 54,827 $ 616,211 Special Mention 47 102 — — — — 47 310 458 Potential Problem — 15 — — — 34 2 146 197 Nonaccrual 1,590 — 306 102 131 307 319 6,322 7,487 Home equity $ 8,891 $ 508,329 $ 31,695 $ 6,610 $ 2,243 $ 6,538 $ 7,333 $ 61,605 $ 624,353 Other consumer: Risk rating: Pass $ 64 $ 199,942 $ 7,429 $ 5,256 $ 2,468 $ 1,238 $ 174 $ 77,611 $ 294,117 Special Mention 6 490 11 — 5 5 — 25 537 Nonaccrual 78 56 11 21 10 56 10 34 197 Other consumer $ 147 $ 200,488 $ 7,452 $ 5,276 $ 2,482 $ 1,300 $ 184 $ 77,670 $ 294,851 Total consumer: Risk rating: Pass $ 7,318 $ 708,154 $ 2,720,589 $ 2,301,991 $ 1,721,576 $ 825,866 $ 378,310 $ 2,083,904 $ 10,740,390 Special Mention 52 592 1,063 403 101 5 47 398 2,609 Potential Problem — 15 455 71 — 772 31 831 2,175 Nonaccrual 1,668 56 9,973 4,304 6,360 4,116 5,343 37,501 67,654 Total consumer $ 9,038 $ 708,817 $ 2,732,080 $ 2,306,769 $ 1,728,037 $ 830,759 $ 383,731 $ 2,122,635 $ 10,812,828 Total loans: Risk rating: Pass $ 47,152 $ 2,795,551 $ 8,711,468 $ 7,226,734 $ 3,377,725 $ 2,101,861 $ 1,047,522 $ 2,834,303 $ 28,095,164 Special Mention 52 93,801 66,443 48,159 20,772 43,983 9,778 43,350 326,286 Potential Problem 447 25,889 59,240 36,709 56,016 51,043 19,637 18,118 266,651 Nonaccrual 5,595 56 17,360 29,972 15,479 4,116 5,343 39,141 111,467 Total loans $ 53,246 $ 2,915,297 $ 8,854,510 $ 7,341,574 $ 3,469,992 $ 2,201,004 $ 1,082,280 $ 2,934,912 $ 28,799,569 (a) Revolving loans converted to term loans are those converted during the reporting period and are also reported in their year of origination. The following table presents commercial and consumer loans by credit quality indicator by origination year at December 31, 2021: Term Loans Amortized Cost Basis by Origination Year (a) ($ in Thousands) Rev Loans Converted to Term (a) Rev Loans Amortized Cost Basis 2021 2020 2019 2018 2017 Prior Total Commercial and industrial: (b) Risk rating: Pass $ 2,084 $ 2,371,605 $ 2,676,674 $ 871,368 $ 986,300 $ 710,491 $ 177,568 $ 493,876 $ 8,287,882 Special Mention — 7,068 6,112 1,976 — — — 2,811 17,967 Potential Problem 2,706 26,387 25,415 19,960 46,296 20,924 104 1,172 140,258 Nonaccrual 76 — 5,996 207 52 24 — — 6,279 Commercial and industrial $ 4,867 $ 2,405,059 $ 2,714,198 $ 893,511 $ 1,032,647 $ 731,439 $ 177,671 $ 497,860 $ 8,452,385 Commercial real estate - owner occupied: Risk rating: Pass $ 10,092 $ 30,869 $ 261,418 $ 178,424 $ 187,073 $ 110,169 $ 54,538 $ 117,011 $ 939,503 Special Mention — 226 — 4,628 — — — 245 5,100 Potential Problem — 526 5,953 4,721 10,047 727 2,204 2,546 26,723 Commercial real estate - owner occupied $ 10,092 $ 31,621 $ 267,371 $ 187,773 $ 197,120 $ 110,896 $ 56,742 $ 119,802 $ 971,326 Commercial and business lending: Risk rating: Pass $ 12,176 $ 2,402,474 $ 2,938,092 $ 1,049,792 $ 1,173,373 $ 820,660 $ 232,106 $ 610,887 $ 9,227,385 Special Mention — 7,294 6,112 6,604 — — — 3,056 23,066 Potential Problem 2,706 26,913 31,368 24,681 56,343 21,651 2,307 3,718 166,981 Nonaccrual 76 — 5,996 207 52 24 — — 6,279 Commercial and business lending $ 14,958 $ 2,436,680 $ 2,981,569 $ 1,081,284 $ 1,229,767 $ 842,335 $ 234,414 $ 617,662 $ 9,423,711 Commercial real estate - investor: Risk rating: Pass $ 37,430 $ 105,521 $ 1,650,936 $ 685,423 $ 867,606 $ 414,079 $ 139,320 $ 230,452 $ 4,093,337 Special Mention — — 57,163 27,384 33,016 72 — 6,781 124,416 Potential Problem — — 21,309 9,860 22,243 34,591 3,564 14,573 106,138 Nonaccrual — — 45,502 8,158 6,820 — — 197 60,677 Commercial real estate - investor $ 37,430 $ 105,521 $ 1,774,910 $ 730,825 $ 929,685 $ 448,741 $ 142,883 $ 252,003 $ 4,384,569 Real estate construction: Risk rating: Pass $ — $ 31,773 $ 843,664 $ 614,469 $ 204,337 $ 48,647 $ 2,229 $ 12,212 $ 1,757,331 Special Mention — — 2,203 11,929 — 15,885 41 2 30,060 Potential Problem — — 37 120 21,251 — — — 21,408 Nonaccrual — — — — — — — 177 177 Real estate construction $ — $ 31,773 $ 845,903 $ 626,518 $ 225,588 $ 64,532 $ 2,270 $ 12,392 $ 1,808,976 Commercial real estate lending: Risk rating: Pass $ 37,430 $ 137,294 $ 2,494,600 $ 1,299,893 $ 1,071,943 $ 462,726 $ 141,549 $ 242,664 $ 5,850,668 Special Mention — — 59,366 39,313 33,016 15,957 41 6,784 154,476 Potential Problem — — 21,345 9,980 43,494 34,591 3,564 14,573 127,546 Nonaccrual — — 45,502 8,158 6,820 — — 374 60,855 Commercial real estate lending $ 37,430 $ 137,294 $ 2,620,814 $ 1,357,343 $ 1,155,273 $ 513,273 $ 145,153 $ 264,395 $ 6,193,545 Total commercial: Risk rating: Pass $ 49,606 $ 2,539,768 $ 5,432,693 $ 2,349,685 $ 2,245,316 $ 1,283,386 $ 373,655 $ 853,551 $ 15,078,053 Special Mention — 7,294 65,478 45,917 33,016 15,957 41 9,840 177,543 Potential Problem 2,706 26,913 52,713 34,660 99,837 56,241 5,871 18,291 294,527 Nonaccrual 76 — 51,498 8,365 6,872 24 — 374 67,134 Total commercial $ 52,388 $ 2,573,974 $ 5,602,382 $ 2,438,627 $ 2,385,040 $ 1,355,608 $ 379,567 $ 882,057 $ 15,617,256 Term Loans Amortized Cost Basis by Origination Year (a) ($ in Thousands) Rev Loans Converted to Term (a) Rev Loans Amortized Cost Basis 2021 2020 2019 2018 2017 Prior Total Residential mortgage: Risk rating: Pass $ — $ — $ 1,771,447 $ 1,945,029 $ 974,188 $ 428,459 $ 673,447 $ 1,716,419 $ 7,508,989 Special Mention — — — — — 285 — 461 746 Potential Problem — — 475 332 404 265 81 658 2,214 Nonaccrual — — 1,993 2,911 4,479 6,224 6,019 33,734 55,362 Residential mortgage $ — $ — $ 1,773,915 $ 1,948,272 $ 979,071 $ 435,233 $ 679,547 $ 1,751,272 $ 7,567,310 Auto finance: Risk rating: Pass $ — $ — $ 137,952 $ 707 $ 2,675 $ 1,200 $ 352 $ 107 $ 142,993 Nonaccrual — — — — 36 15 — — 52 Auto finance $ — $ — $ 137,952 $ 707 $ 2,711 $ 1,216 $ 352 $ 107 $ 143,045 Home equity: Risk rating: Pass $ 6,728 $ 498,970 $ 1,216 $ 1,401 $ 7,640 $ 8,742 $ 7,660 $ 61,251 $ 586,880 Special Mention 133 100 — 102 4 — — 638 844 Potential Problem 6 — 6 — — 13 — 146 165 Nonaccrual 925 35 9 92 211 305 302 6,772 7,726 Home equity $ 7,792 $ 499,104 $ 1,232 $ 1,595 $ 7,856 $ 9,059 $ 7,962 $ 68,807 $ 595,615 Other consumer: Risk rating: Pass $ 443 $ 180,312 $ 9,297 $ 4,987 $ 2,884 $ 371 $ 265 $ 103,075 $ 301,191 Special Mention 7 351 — 4 — — — 7 363 Nonaccrual 6 120 — 14 7 — 19 11 170 Other consumer $ 456 $ 180,783 $ 9,297 $ 5,005 $ 2,890 $ 371 $ 284 $ 103,093 $ 301,723 Total consumer: Risk rating: Pass $ 7,171 $ 679,353 $ 1,919,912 $ 1,952,124 $ 987,387 $ 438,771 $ 681,725 $ 1,880,781 $ 8,540,053 Special Mention 140 451 — 106 4 285 — 1,106 1,952 Potential Problem 6 — 481 332 404 277 81 804 2,379 Nonaccrual 931 154 2,003 3,017 4,733 6,545 6,340 40,517 63,309 Total consumer $ 8,248 $ 679,959 $ 1,922,396 $ 1,955,579 $ 992,528 $ 445,878 $ 688,145 $ 1,923,208 $ 8,607,693 Total loans: Risk rating: Pass $ 56,777 $ 3,219,121 $ 7,352,605 $ 4,301,809 $ 3,232,703 $ 1,722,157 $ 1,055,380 $ 2,734,332 $ 23,618,106 Special Mention 140 7,745 65,478 46,023 33,021 16,241 41 10,946 179,495 Potential Problem 2,713 26,913 53,194 34,992 100,240 56,519 5,952 19,095 296,905 Nonaccrual 1,006 154 53,501 11,382 11,605 6,569 6,340 40,891 130,443 Total loans $ 60,636 $ 3,253,933 $ 7,524,778 $ 4,394,206 $ 3,377,569 $ 1,801,486 $ 1,067,713 $ 2,805,265 $ 24,224,949 (a) Revolving loans converted to term loans are those reported during the reporting period and are also reported in their year of origination. (b) Includes asset-based lending and equipment finance. Factors that are important to managing overall credit quality are sound loan underwriting and administration, systematic monitoring of existing loans and commitments, effective loan review on an ongoing basis, early identification of potential problems, and appropriate policies for ACLL, nonaccrual loans, and charge offs. See Note 1 for the Corporation's accounting policy for loans. For commercial loans, management has determined the pass credit quality indicator to include credits exhibiting acceptable financial statements, cash flow, and leverage. If any risk exists, it is mitigated by the loan structure, collateral, monitoring, or control. For consumer loans, performing loans include credits performing in accordance with the original contractual terms. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Special mention credits have potential weaknesses that warrant specific attention from management. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the credit. Accruing TDRs could be pass or special mention, depending on the risk rating on the loan. Potential problem loans are considered inadequately protected by the current net worth and paying capacity of the obligor or the collateral pledged. These loans generally have a well-defined weakness, or weaknesses, which may jeopardize liquidation of the debt, and are characterized by the distinct possibility the Corporation will sustain some loss if the deficiencies are not corrected. Management has determined commercial loan relationships in nonaccrual status, and commercial and consumer loan relationships with their terms restructured in a TDR, meet the criteria to be individually evaluated. Commercial loans classified as special mention, potential problem, and nonaccrual are reviewed at a minimum on a quarterly basis, while pass credits, which are performing rated credits, are generally reviewed on an annual basis or more frequently if the loan renewal is less than one year or if otherwise warranted. The following table presents loans by past due status at December 31, 2022: Accruing ($ in Thousands) Current 30-59 Days 60-89 Days 90+ Days Nonaccrual (a)(b) Total Asset-based lending & equipment finance $ 458,887 $ — $ — $ — $ — $ 458,887 Commercial and industrial 9,279,674 716 5,566 282 14,329 9,300,567 Commercial real estate - owner occupied 991,493 218 12 — — 991,722 Commercial and business lending 10,730,053 934 5,578 282 14,329 10,751,176 Commercial real estate - investor 5,049,897 1,067 — — 29,380 5,080,344 Real estate construction 2,155,077 39 — — 105 2,155,222 Commercial real estate lending 7,204,975 1,105 — — 29,485 7,235,565 Total commercial 17,935,028 2,040 5,578 282 43,814 17,986,742 Residential mortgage 8,443,072 9,811 63 124 58,480 8,511,550 Auto finance 1,371,176 8,238 1,170 — 1,490 1,382,073 Home equity 611,259 5,149 458 — 7,487 624,353 Other consumer 291,722 1,018 592 1,322 197 294,851 Total consumer 10,717,229 24,216 2,283 1,446 67,654 10,812,828 Total loans $ 28,652,257 $ 26,256 $ 7,861 $ 1,728 $ 111,467 $ 28,799,569 (a) Of the total nonaccrual loans, $64 million, or 58%, were current with respect to payment at December 31, 2022. (b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2022. In addition, there were $11 million of nonaccrual loans for which there was no related ACLL at December 31, 2022. The following table presents loans by past due status at December 31, 2021: Accruing ($ in Thousands) Current 30-59 Days 60-89 Days 90+ Days Nonaccrual (a)(b) Total Asset-based lending $ 178,027 $ — $ — $ — $ — $ 178,027 Commercial and industrial (c) 8,267,213 619 97 151 6,279 8,274,358 Commercial real estate - owner occupied 971,163 163 — — — 971,326 Commercial and business lending 9,416,403 781 97 151 6,279 9,423,711 Commercial real estate - investor 4,323,276 142 474 — 60,677 4,384,569 Real estate construction 1,807,178 1,618 2 — 177 1,808,976 Commercial real estate lending 6,130,454 1,759 477 — 60,855 6,193,545 Total commercial 15,546,857 2,541 573 151 67,134 15,617,256 Residential mortgage 7,505,654 5,500 669 126 55,362 7,567,310 Auto finance 142,982 11 — — 52 143,045 Home equity 584,177 2,867 844 — 7,726 595,615 Other consumer 298,261 1,835 472 986 170 301,723 Total consumer 8,531,074 10,213 1,985 1,111 63,309 8,607,693 Total loans $ 24,077,931 $ 12,754 $ 2,558 $ 1,263 $ 130,443 $ 24,224,949 (a) Of the total nonaccrual loans, $84 million, or 65%, were current with respect to payment at December 31, 2021. (b) No interest income was recognized on nonaccrual loans for the year ended December 31, 2021. In addition, there were $9 million of nonaccrual loans for which there was no related ACLL at December 31, 2021. (c) Includes equipment finance. Troubled Debt Restructurings Loans are considered restructured loans if concessions have been granted to borrowers that are experiencing financial difficulty. See Note 1 for the Corporation's accounting policy for TDRs. The following table presents nonaccrual and performing restructured loans by loan portfolio: December 31, 2022 December 31, 2021 December 31, 2020 ($ in Thousands) Performing Nonaccrual Restructured Loans (a) Performing Nonaccrual Restructured Loans (a) Performing Nonaccrual Restructured Loans (a) Commercial and industrial $ 12,453 $ — $ 8,687 $ — $ 12,713 $ 6,967 Commercial real estate - owner occupied 316 — 967 — 1,711 — Commercial real estate - investor 128 2,074 12,866 3,093 26,435 225 Real estate construction 195 9 242 45 260 111 Residential mortgage 16,829 17,117 16,316 13,483 7,825 11,509 Home equity 2,148 927 2,648 806 1,957 1,379 Other consumer 798 — 803 — 1,191 — Total restructured loans $ 32,868 $ 20,127 $ 42,530 $ 17,426 $ 52,092 $ 20,190 (a) Nonaccrual restructured loans have been included within nonaccrual loans. The Corporation had a recorded investment of $11 million in loans modified as TDRs during the year ended December 31, 2022, of which $1 million were in accrual status, included in pass or special mention based on their risk rating within the credit quality tables, and $10 million were in nonaccrual within the credit quality tables, pending a sustained period of repayment. As of December 31, 2022, there were $20 million of commitments to lend additional funds to borrowers with restructured loans. The following table provides the number of loans modified in a TDR by loan portfolio, the recorded investment, and unpaid principal balance: Years Ended December 31, 2022 2021 2020 ($ in Thousands) Number Recorded Investment (a) Unpaid Principal Balance (b) Number Recorded Investment (a) Unpaid Principal Balance (b) Number Recorded Investment (a) Unpaid Principal Balance (b) Commercial and industrial 2 $ 281 $ 281 4 $ 610 $ 610 7 $ 1,823 $ 2,059 Commercial real estate - owner occupied — — — — — — 4 658 689 Commercial real estate - investor — — — 6 4,259 10,166 10 26,563 26,567 Residential mortgage 55 10,557 10,777 69 12,415 12,463 36 6,031 6,113 Home equity 15 531 557 9 932 963 20 1,078 1,697 Total loans modified 72 $ 11,370 $ 11,616 88 $ 18,216 $ 24,201 77 $ 36,154 $ 37,125 (a) Represents post-modification outstanding recorded investment. (b) Represents pre-modification outstanding recorded investment. Restructured loan modifications may include payment schedule modifications, interest rate concessions, maturity date extensions, modification of note structure (A/B Note), non-reaffirmed Chapter 7 bankruptcies, principal reduction, or some combination of these concessions. For the year ended December 31, 2022, restructured loan modifications of commercial loans primarily included maturity date extensions and payment schedule modifications. Restructured loan modifications of consumer loans primarily included maturity date extensions, interest rate concessions, non-reaffirmed Chapter 7 bankruptcies, or a combination of these concessions during the year ended December 31, 2022. The following table provides the number of loans modified in a TDR during the previous twelve months which subsequently defaulted during the years ended December 31, 2022, 2021, and 2020, respectively, and the recorded investment in these restructured loans at the time of default as of December 31, 2022, 2021, and 2020, respectively: Years Ended December 31, 2022 2021 2020 ($ in Thousands) Number of Recorded Number of Recorded Number of Recorded Commercial real estate — investor — $ — 1 $ 164 — $ — Residential mortgage 4 1,178 11 1,171 5 1,036 Home equity — — — — 4 208 Total loans modified 4 $ 1,178 12 $ 1,334 9 $ 1,244 All loans modified in a TDR are individually evaluated for impairment. The nature and extent of the impairment of restructured loans, including those which have experienced a subsequent payment default, are considered in the determination of an appropriate level of the ACLL. The Corporation analyzes loans for classification as a probable TDR. This analysis includes identifying customers that are showing possible liquidity issues in the near term without reasonable access to alternative sources of capital. At December 31, 2022, the Corporation had no loans meeting this classification, compared to $7 million at December 31, 2021. Allowance for Credit Losses on Loans The ACLL is comprised of the allowance for loan losses and the allowance for unfunded commitments. The level of the ACLL represents management’s estimate of an amount appropriate to provide for expected lifetime credit losses in the loan portfolio at the balance sheet date. The expected lifetime credit losses are the product of multiplying the Corporation's estimates of probability of default, loss given default, and the individual loan level exposure at default on an undiscounted basis. A main factor in the determination of the ACLL is the economic forecast. The forecast the Corporation used for December 31, 2022 was the Moody's baseline scenario from November 2022, which was reviewed against the December 2022 baseline scenario with no material updates made, over a 2 year reasonable and supportable period with straight-line reversion to historical losses over the second year of the period. See Note 1 for the Corporation's accounting policy on the ACLL. The allowance for unfunded commitments is maintained at a level believed by management to be sufficient to absorb expected lifetime losses related to unfunded credit facilities (including unfunded loan commitments and letters of credit). See Note 16 for additional information on the change in the allowance for unfunded commitments. The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2022: ($ in Thousands) Dec 31, 2021 Charge offs Recoveries Net Charge offs Provision for credit losses Dec 31, 2022 ACLL / Loans Allowance for loan losses Asset-based lending & equipment finance $ 4,182 $ — $ — $ — $ 2,382 $ 6,564 Commercial and industrial 85,675 (4,491) 5,282 791 26,047 112,512 Commercial real estate — owner occupied 11,473 — 13 13 (2,011) 9,475 Commercial and business lending 101,330 (4,491) 5,295 804 26,418 128,551 Commercial real estate — investor 72,803 (50) 50 — (18,405) 54,398 Real estate construction 37,643 (48) 106 58 7,887 45,589 Commercial real estate lending 110,446 (98) 156 58 (10,518) 99,986 Total commercial 211,776 (4,588) 5,451 862 15,900 228,538 Residential mortgage 40,787 (567) 908 341 (2,830) 38,298 Auto finance 1,999 (1,041) 98 (943) 18,563 19,619 Home equity 14,011 (587) 1,385 798 66 14,875 Other consumer 11,441 (3,363) 1,010 (2,353) 2,301 11,390 Total consumer 68,239 (5,558) 3,401 (2,157) 18,100 84,182 Total loans $ 280,015 $ (10,146) $ 8,852 $ (1,294) $ 34,000 $ 312,720 Allowance for unfunded commitments Asset-based lending & equipment finance $ 857 $ — $ — $ — $ (256) $ 601 Commercial and industrial 17,601 — — — (5,205) 12,396 Commercial real estate — owner occupied 208 — — — (105) 103 Commercial and business lending 18,667 — — — (5,566) 13,101 Commercial real estate — investor 936 — — — (226) 710 Real estate construction 15,586 — — — 4,997 20,583 Commercial real estate lending 16,522 — — — 4,770 21,292 Total commercial 35,189 — — — (796) 34,393 Home equity 2,592 — — — 107 2,699 Other consumer 1,995 — — — (311) 1,683 Total consumer 4,587 — — — (204) 4,382 Total loans $ 39,776 $ — $ — $ — $ (1,000) $ 38,776 Allowance for credit losses on loans Asset-based lending & equipment finance $ 5,040 $ — $ — $ — $ 2,125 $ 7,165 1.56 % Commercial and industrial 103,276 (4,491) 5,282 791 20,842 124,908 1.34 % Commercial real estate — owner occupied 11,681 — 13 13 (2,115) 9,579 0.97 % Commercial and business lending 119,997 (4,491) 5,295 804 20,852 141,652 1.32 % Commercial real estate — investor 73,739 (50) 50 — (18,631) 55,108 1.08 % Real estate construction 53,229 (48) 106 58 12,884 66,171 3.07 % Commercial real estate lending 126,968 (98) 156 58 (5,748) 121,279 1.68 % Total commercial 246,965 (4,588) 5,451 862 15,104 262,931 1.46 % Residential mortgage 40,787 (567) 908 341 (2,830) 38,298 0.45 % Auto finance 1,999 (1,041) 98 (943) 18,563 19,619 1.42 % Home equity 16,603 (587) 1,385 798 173 17,574 2.81 % Other consumer 13,436 (3,363) 1,010 (2,353) 1,990 13,073 4.43 % Total consumer 72,825 (5,558) 3,401 (2,157) 17,896 88,565 0.82 % Total loans $ 319,791 $ (10,146) $ 8,852 $ (1,294) $ 33,000 $ 351,496 1.22 % The following table presents a summary of the changes in the ACLL by portfolio segment for the year ended December 31, 2021: ($ in Thousands) Dec 31, 2020 Charge offs Recoveries Net Charge offs Provision for credit losses Dec 31, 2021 ACLL / Loans Allowance for loan losses Asset-based lending $ 2,077 $ — $ 412 $ 412 $ 1,693 $ 4,182 Commercial and industrial (a) 141,247 (21,564) 8,152 (13,412) (42,160) 85,675 Commercial real estate — owner occupied 11,274 — 120 120 80 11,473 Commercial and business lending 154,598 (21,564) 8,684 (12,880) (40,388) 101,330 Commercial real estate — investor 93,435 (14,346) 3,162 (11,184) (9,448) 72,803 Real estate construction 59,193 (5) 126 121 (21,672) 37,643 Commercial real estate lending 152,629 (14,351) 3,288 (11,063) (31,120) 110,446 Total commercial 307,226 (35,915) 11,972 (23,943) (71,508) 211,776 Residential mortgage 42,996 (880) 841 (38) (2,170) 40,787 Auto finance 174 (22) 31 9 1,816 1,999 Home equity 18,849 (668) 2,854 2,186 (7,024) 14,011 Other consumer 14,456 (3,168) 1,267 (1,901) (1,113) 11,441 Total consumer 76,475 (4,738) 4,993 256 (8,492) 68,239 Total loans $ 383,702 $ (40,652) $ 16,965 $ (23,687) $ (80,000) $ 280,015 Allowance for unfunded commitments Asset-based lending $ 901 $ — $ — $ — $ (43) $ 857 Commercial and industrial (a) 21,411 — — — (3,809) 17,601 Commercial real estate — owner occupied 266 — — — (58) 208 Commercial and business lending 22,577 — — — (3,911) 18,667 Commercial real estate — investor 636 — — — 300 936 Real estate construction 18,887 — — — (3,301) 15,586 Commercial real estate lending 19,523 — — — (3,001) 16,522 Total commercial 42,101 — — — (6,912) 35,189 Home equity 3,118 — — — (526) 2,592 Other consumer 2,557 — — — (563) 1,995 Total consumer 5,675 — — — (1,088) 4,587 Total loans $ 47,776 $ — $ — $ — $ (8,000) $ 39,776 Allowance for credit losses on loans Asset-based lending $ 2,978 $ — $ 412 $ 412 $ 1,649 $ 5,040 2.83 % Commercial and industrial (a) 162,657 (21,564) 8,152 (13,412) (45,970) 103,276 1.25 % Commercial real estate — owner occupied 11,539 — 120 120 22 11,681 1.20 % Commercial and business lending 177,175 (21,564) 8,684 (12,880) (44,299) 119,997 1.27 % Commercial real estate — investor 94,071 (14,346) 3,162 (11,184) (9,148) 73,739 1.68 % Real estate construction 78,080 (5) 126 121 (24,972) 53,229 2.94 % Commercial real estate lending 172,152 (14,351) 3,288 (11,063) (34,121) 126,968 2.05 % Total commercial 349,327 (35,915) 11,972 (23,943) (78,419) 246,965 1.58 % Residential mortgage 42,996 (880) 841 (38) (2,170) 40,787 0.54 % Auto finance 174 (22) 31 9 1,816 1,999 1.40 % Home equity 21,967 (668) 2,854 2,186 (7,550) 16,603 2.79 % Other consumer 17,013 (3,168) 1,267 (1,901) (1,676) 13,436 4.45 % Total consumer 82,150 (4,738) 4,993 256 (9,581) 72,825 0.85 % Total loans $ 431,478 $ (40,652) $ 16,965 $ (23,687) $ (88,000) $ 319,791 1.32 % (a) Includes equipment finance |