COLB Columbia Banking System Inc

$146 million

$143 million

$0.70

$0.69

Net income

Operating net income ¹

Earnings per diluted common
share

Operating earnings per diluted
common share ¹

–Clint Stein, President and CEO of Columbia Banking System, Inc.

_____________________________

¹ "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.

3Q24 HIGHLIGHTS (COMPARED TO 2Q24)

Net Interest
Income and
NIM

•   Net interest income increased by $3 million from the prior quarter due to higher income earned on loans, which occurred despite a reduction in accretion income, and relatively stable funding costs prior to the late-quarter reduction in the federal funds rate.

•   Net interest margin was 3.56%, unchanged from the prior quarter, as a favorable balance sheet funding mix shift into lower-cost deposits and a slight increase in loan yields offset a lower yield on securities.

Non-Interest
Income and Expense

•   Non-interest income increased by $21 million due to the quarterly fluctuation in cumulative fair value accounting and hedges, which drove $16 million of the change. Higher core banking activity contributed to the remaining increase.

•   Non-interest expense decreased by $8 million due to lower restructuring expense and a $6 million decline in salary and wages expense related to operational initiatives. The effect was partially offset by the prior quarter's reversal of compensation-related accruals, which did not repeat in the third quarter.

Credit Quality

•   Net charge-offs were 0.31% of average loans and leases (annualized), compared to 0.32% in the prior quarter. Lower activity in the FinPac portfolio drove the decline.

•   Provision expense of $29 million compares to $32 million in the prior quarter.

•   Non-performing assets to total assets was 0.32%, compared to 0.30% as of June 30, 2024.

Capital

•   Estimated total risk-based capital ratio of 12.5% and estimated common equity tier 1 risk-based capital ratio of 10.3%.

•   Declared a quarterly cash dividend of $0.36 per common share on August 12, 2024, which was paid September 9, 2024.

Notable Items

•   Realized $82 million in annualized cost savings associated with recent operational initiatives as of September 30, 2024. Reinvestment of $12 million in savings is ongoing and expected to extend into 2025.

•   Opened our second retail branch in Arizona, which will be complemented by a planned third location in the state, slated to open in early 2025.

3Q24 KEY FINANCIAL DATA

PERFORMANCE METRICS

3Q24

2Q24

3Q23

Return on average assets

1.12 %

0.93 %

1.02 %

Return on average common
equity

11.36 %

9.85 %

11.07 %

Return on average tangible
common equity ¹

16.34 %

14.55 %

16.93 %

Operating return on average
assets ¹

1.10 %

1.08 %

1.23 %

Operating return on average
common equity ¹

11.15 %

11.47 %

13.40 %

Operating return on average
tangible common equity ¹

16.04 %

16.96 %

20.48 %

Net interest margin

3.56 %

3.56 %

3.91 %

Efficiency ratio

54.56 %

59.02 %

57.82 %

Operating efficiency ratio, as
adjusted ¹

53.89 %

53.56 %

51.26 %

INCOME STATEMENT

($ in 000s, excl. per share data)

3Q24

2Q24

3Q23

Net interest income

$430,218

$427,449

$480,875

Provision for credit losses

$28,769

$31,820

$36,737

Non-interest income

$66,159

$44,703

$43,981

Non-interest expense

$271,358

$279,244

$304,147

Pre-provision net revenue ¹

$225,019

$192,908

$220,709

Operating pre-provision net
revenue ¹

$221,412

$219,390

$258,687

Earnings per common share -
diluted

$0.70

$0.57

$0.65

Operating earnings per common
share - diluted ¹

$0.69

$0.67

$0.79

Dividends paid per share

$0.36

$0.36

$0.36

BALANCE SHEET

3Q24

2Q24

3Q23

Total assets

       $51.9B

       $52.0B

       $52.0B

Loans and leases

       $37.5B

       $37.7B

       $37.2B

Deposits

       $41.5B

       $41.5B

       $41.6B

Book value per common share

$25.17

$23.76

$22.21

$17.81

$16.26

_____________________________

² "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.

_____________________________

³ "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.

TABLE INDEX

Page

Consolidated Statements of Income

7

Consolidated Balance Sheets

8

Financial Highlights

10

Loan & Lease Portfolio Balances and Mix

11

Deposit Portfolio Balances and Mix

13

Credit Quality - Non-performing Assets

14

Credit Quality - Allowance for Credit Losses

15

Consolidated Average Balance Sheets, Net Interest Income, and Yields/Rates

17

Residential Mortgage Banking Activity

19

GAAP to Non-GAAP Reconciliation

21

Columbia Banking System, Inc.

Consolidated Statements of Income

(Unaudited)

Quarter Ended

% Change

($ in thousands, except per share data)

Sep 30, 2024

Jun 30, 2024

Mar 31, 2024

Dec 31, 2023

Sep 30, 2023

Seq.

Quarter

Year
over
Year

Interest income:

Loans and leases

$      588,603

$      583,874

$      575,044

$      577,741

$      569,670

1 %

3 %

Interest and dividends on investments:

Taxable

76,074

78,828

75,017

78,010

80,066

(3) %

(5) %

Exempt from federal income tax

6,855

6,904

6,904

6,966

6,929

(1) %

(1) %

Dividends

2,681

2,895

3,707

4,862

4,941

(7) %

(46) %

Temporary investments and interest bearing deposits

24,683

23,035

23,553

24,055

34,407

7 %

(28) %

Total interest income

698,896

695,536

684,225

691,634

696,013

— %

— %

Interest expense:

Deposits

208,027

207,307

198,435

170,659

126,974

— %

64 %

Securities sold under agreement to repurchase and
federal funds purchased

1,121

1,515

1,266

1,226

1,220

(26) %

(8) %

Borrowings

49,636

49,418

51,275

56,066

77,080

— %

(36) %

Junior and other subordinated debentures

9,894

9,847

9,887

10,060

9,864

— %

— %

Total interest expense

268,678

268,087

260,863

238,011

215,138

— %

25 %

Net interest income

430,218

427,449

423,362

453,623

480,875

1 %

(11) %

Provision for credit losses

28,769

31,820

17,136

54,909

36,737

(10) %

(22) %

Non-interest income:

Service charges on deposits

18,549

18,503

16,064

17,349

17,410

— %

7 %

Card-based fees

14,591

14,681

13,183

14,593

15,674

(1) %

(7) %

Financial services and trust revenue

5,083

5,396

4,464

3,011

4,651

(6) %

9 %

Residential mortgage banking revenue, net

6,668

5,848

4,634

4,212

7,103

14 %

(6) %

Gain (loss) on sale of debt securities, net

3

(1)

12

9

4

nm

(25) %

Gain (loss) on equity securities, net

2,272

325

(1,565)

2,636

(2,055)

nm

nm

Gain (loss) on loan and lease sales, net

161

(1,516)

221

1,161

1,871

nm

(91) %

BOLI income

4,674

4,705

4,639

4,331

4,440

(1) %

5 %

Other income (loss)

14,158

(3,238)

8,705

18,231

(5,117)

nm

nm

Total non-interest income

66,159

44,703

50,357

65,533

43,981

48 %

50 %

Non-interest expense:

Salaries and employee benefits

147,268

145,066

154,538

157,572

159,041

2 %

(7) %

Occupancy and equipment, net

45,056

45,147

45,291

48,160

43,070

— %

5 %

Intangible amortization

29,055

29,230

32,091

33,204

29,879

(1) %

(3) %

FDIC assessments

9,332

9,664

14,460

42,510

11,200

(3) %

(17) %

Merger and restructuring expense

2,364

14,641

4,478

7,174

18,938

(84) %

(88) %

Other expenses

38,283

35,496

36,658

48,556

42,019

8 %

(9) %

Total non-interest expense

271,358

279,244

287,516

337,176

304,147

(3) %

(11) %

Income before provision for income taxes

196,250

161,088

169,067

127,071

183,972

22 %

7 %

Provision for income taxes

50,068

40,944

44,987

33,540

48,127

22 %

4 %

Net income

$      146,182

$      120,144

$      124,080

$        93,531

$      135,845

22 %

8 %

Weighted average basic shares outstanding

208,545

208,498

208,260

208,083

208,070

— %

— %

Weighted average diluted shares outstanding

209,454

209,011

208,956

208,739

208,645

— %

— %

Earnings per common share – basic

$           0.70

$           0.58

$           0.60

$           0.45

$           0.65

21 %

8 %

Earnings per common share – diluted

$           0.70

$           0.57

$           0.59

$           0.45

$           0.65

23 %

8 %

nm = Percentage changes greater than +/-500% are considered not meaningful and are presented as "nm."

Columbia Banking System, Inc.

Consolidated Statements of Income

(Unaudited)

Nine Months Ended

% Change

($ in thousands, except per share data)

Sep 30, 2024

Sep 30, 2023

Year over
Year

Interest income:

Loans and leases

$          1,747,521

$          1,535,874

14 %

Interest and dividends on investments:

Taxable

229,919

198,831

16 %

Exempt from federal income tax

20,663

17,143

21 %

Dividends

9,283

8,241

13 %

Temporary investments and interest bearing deposits

71,271

87,604

(19) %

Total interest income

2,078,657

1,847,693

13 %

Interest expense:

Deposits

613,769

290,995

111 %

Securities sold under agreement to repurchase and federal funds purchased

3,902

2,697

45 %

Borrowings

150,329

186,848

(20) %

Junior and other subordinated debentures

29,628

27,605

7 %

Total interest expense

797,628

508,145

57 %

Net interest income

1,281,029

1,339,548

(4) %

Provision for credit losses

77,725

158,290

(51) %

Non-interest income:

Service charges on deposits

53,116

48,176

10 %

Card-based fees

42,455

40,670

4 %

Financial services and trust revenue

14,943

10,460

43 %

Residential mortgage banking revenue, net

17,150

12,577

36 %

Gain on sale of debt securities, net

14

4

250 %

Gain (loss) on equity securities, net

1,032

(336)

nm

(Loss) gain on loan and lease sales, net

(1,134)

3,253

(135) %

BOLI income

14,018

11,293

24 %

Other income

19,625

12,297

60 %

Total non-interest income

161,219

138,394

16 %

Non-interest expense:

Salaries and employee benefits

446,872

458,531

(3) %

Occupancy and equipment, net

135,494

135,320

0 %

Intangible amortization

90,376

78,092

16 %

FDIC assessments

33,456

28,892

16 %

Merger and restructuring expense

21,483

164,485

(87) %

Other expenses

110,437

110,204

0 %

Total non-interest expense

838,118

975,524

(14) %

Income before provision for income taxes

526,405

344,128

53 %

Provision for income taxes

135,999

88,944

53 %

Net income

$             390,406

$             255,184

53 %

Weighted average basic shares outstanding

208,435

190,997

9 %

Weighted average diluted shares outstanding

209,137

191,546

9 %

Earnings per common share – basic

$                  1.87

$                  1.34

40 %

Earnings per common share – diluted

$                  1.87

$                  1.33

41 %

nm = Percentage changes greater than +/-500% are considered not meaningful and are presented as "nm."

Columbia Banking System, Inc.

Consolidated Balance Sheets

(Unaudited)

% Change

($ in thousands, except per share data)

Sep 30, 2024

Jun 30, 2024

Mar 31, 2024

Dec 31, 2023

Sep 30, 2023

Seq.

Quarter

Year
over
Year

Assets:

Cash and due from banks

$         591,364

$         515,263

$         440,215

$         498,496

$         492,474

15 %

20 %

Interest-bearing cash and temporary
investments

1,519,658

1,553,568

1,760,902

1,664,038

1,911,221

(2) %

(20) %

Investment securities:

Equity and other, at fair value

79,996

77,221

77,203

76,995

73,638

4 %

9 %

Available for sale, at fair value

8,676,807

8,503,000

8,616,545

8,829,870

8,503,986

2 %

2 %

Held to maturity, at amortized cost

2,159

2,203

2,247

2,300

2,344

(2) %

(8) %

Loans held for sale

66,639

56,310

47,201

30,715

60,313

18 %

10 %

Loans and leases

37,503,002

37,709,987

37,642,413

37,441,951

37,170,598

(1) %

1 %

Allowance for credit losses on loans and leases

(420,054)

(418,671)

(414,344)

(440,871)

(416,560)

— %

1 %

Net loans and leases

37,082,948

37,291,316

37,228,069

37,001,080

36,754,038

(1) %

1 %

Restricted equity securities

116,274

116,274

116,274

179,274

168,524

— %

(31) %

Premises and equipment, net

338,107

337,842

336,869

338,970

337,855

— %

— %

Operating lease right-of-use assets

106,224

108,278

113,833

115,811

114,220

(2) %

(7) %

Goodwill

1,029,234

1,029,234

1,029,234

1,029,234

1,029,234

— %

— %

Other intangible assets, net

513,303

542,358

571,588

603,679

636,883

(5) %

(19) %

Residential mortgage servicing rights, at fair
value

101,919

110,039

110,444

109,243

117,640

(7) %

(13) %

Bank-owned life insurance

691,160

686,485

682,293

680,948

648,232

1 %

7 %

Deferred tax asset, net

286,432

361,773

356,031

347,203

469,841

(21) %

(39) %

Other assets

706,375

756,319

735,058

665,740

673,372

(7) %

5 %

Total assets

$     51,908,599

$     52,047,483

$     52,224,006

$     52,173,596

$     51,993,815

— %

— %

Liabilities:

 Deposits

Non-interest-bearing

$     13,534,065

$     13,481,616

$     13,808,554

$     14,256,452

$     15,532,948

— %

(13) %

Interest-bearing

27,980,623

28,041,656

27,897,606

27,350,568

26,091,420

— %

7 %

  Total deposits

41,514,688

41,523,272

41,706,160

41,607,020

41,624,368

— %

— %

Securities sold under agreements to repurchase

183,833

197,860

213,573

252,119

258,383

(7) %

(29) %

Borrowings

3,650,000

3,900,000

3,900,000

3,950,000

3,985,000

(6) %

(8) %

Junior subordinated debentures, at fair value

311,896

310,187

309,544

316,440

331,545

1 %

(6) %

Junior and other subordinated debentures, at
amortized cost

107,725

107,781

107,838

107,895

107,952

— %

— %

Operating lease liabilities

121,298

123,082

129,240

130,576

129,845

(1) %

(7) %

Other liabilities

745,331

908,629

900,406

814,512

924,560

(18) %

(19) %

Total liabilities

46,634,771

47,070,811

47,266,761

47,178,562

47,361,653

(1) %

(2) %

Shareholders' equity:

Common stock

5,812,237

5,807,041

5,802,322

5,802,747

5,798,167

— %

— %

Accumulated deficit

(304,525)

(374,687)

(418,946)

(467,571)

(485,576)

(19) %

(37) %

Accumulated other comprehensive loss

(233,884)

(455,682)

(426,131)

(340,142)

(680,429)

(49) %

(66) %

Total shareholders' equity

5,273,828

4,976,672

4,957,245

4,995,034

4,632,162

6 %

14 %

Total liabilities and shareholders' equity

$     51,908,599

$     52,047,483

$     52,224,006

$     52,173,596

$     51,993,815

— %

— %

Common shares outstanding at period end

209,532

209,459

209,370

208,585

208,575

— %

— %

Columbia Banking System, Inc.

Financial Highlights

(Unaudited)

Quarter Ended

% Change

Sep 30,
2024

Jun 30,
2024

Mar 31,
2024

Dec 31,
2023

Sep 30,
2023

Seq.
Quarter

Year over
Year

Per Common Share Data: 

Dividends

$         0.36

$         0.36

$         0.36

$         0.36

$         0.36

— %

— %

Book value

$       25.17

$       23.76

$       23.68

$       23.95

$       22.21

6 %

13 %

Tangible book value ⁽¹⁾

$       17.81

$       16.26

$       16.03

$       16.12

$       14.22

10 %

25 %

Performance Ratios:

Efficiency ratio ⁽²⁾

54.56 %

59.02 %

60.57 %

64.81 %

57.82 %

(4.46)

(3.26)

Non-interest expense to average assets ⁽¹⁾

2.08 %

2.16 %

2.22 %

2.58 %

2.28 %

(0.08)

(0.20)

Return on average assets ("ROAA")

1.12 %

0.93 %

0.96 %

0.72 %

1.02 %

0.19

0.10

Pre-provision net revenue ("PPNR") ROAA ⁽¹⁾

1.72 %

1.49 %

1.44 %

1.39 %

1.65 %

0.23

0.07

Return on average common equity

11.36 %

9.85 %

10.01 %

7.90 %

11.07 %

1.51

0.29

Return on average tangible common equity ⁽¹⁾

16.34 %

14.55 %

14.82 %

12.19 %

16.93 %

1.79

(0.59)

Performance Ratios - Operating: ⁽¹⁾

Operating efficiency ratio, as adjusted ^{(1), (2), (5), (6)}

53.89 %

53.56 %

56.97 %

57.31 %

51.26 %

0.33

2.63

Operating non-interest expense to average assets ⁽¹⁾

2.05 %

2.03 %

2.14 %

2.25 %

2.10 %

0.02

(0.05)

Operating ROAA ^{(1), (6)}

1.10 %

1.08 %

1.04 %

0.89 %

1.23 %

0.02

(0.13)

Operating PPNR ROAA ^{(1), (6)}

1.69 %

1.70 %

1.55 %

1.62 %

1.94 %

(0.01)

(0.25)

Operating return on average common equity ^{(1), (6)}

11.15 %

11.47 %

10.89 %

9.81 %

13.40 %

(0.32)

(2.25)

Operating return on average tangible common equity ^{(1), (6)}

16.04 %

16.96 %

16.12 %

15.14 %

20.48 %

(0.92)

(4.44)

Average Balance Sheet Yields, Rates, & Ratios:

Yield on loans and leases

6.22 %

6.20 %

6.13 %

6.13 %

6.08 %

0.02

0.14

Yield on earning assets ⁽²⁾

5.78 %

5.80 %

5.69 %

5.75 %

5.65 %

(0.02)

0.13

Cost of interest bearing deposits

2.95 %

2.97 %

2.88 %

2.54 %

2.01 %

(0.02)

0.94

Cost of interest bearing liabilities

3.29 %

3.31 %

3.25 %

3.02 %

2.72 %

(0.02)

0.57

Cost of total deposits

1.99 %

2.01 %

1.92 %

1.63 %

1.23 %

(0.02)

0.76

Cost of total funding ⁽³⁾

2.32 %

2.34 %

2.27 %

2.05 %

1.81 %

(0.02)

0.51

Net interest margin ⁽²⁾

3.56 %

3.56 %

3.52 %

3.78 %

3.91 %

—

(0.35)

Average interest bearing cash / Average interest earning assets

3.74 %

3.51 %

3.56 %

3.64 %

5.17 %

0.23

(1.43)

Average loans and leases / Average interest earning assets

77.91 %

78.27 %

77.87 %

78.04 %

75.64 %

(0.36)

2.27

Average loans and leases / Average total deposits

90.42 %

90.61 %

90.41 %

89.91 %

90.63 %

(0.19)

(0.21)

Average non-interest bearing deposits / Average total deposits

32.52 %

32.54 %

33.29 %

35.88 %

38.55 %

(0.02)

(6.03)

Average total deposits / Average total funding ⁽³⁾

90.25 %

90.15 %

90.09 %

90.02 %

86.66 %

0.10

3.59

Select Credit & Capital Ratios:

Non-performing loans and leases to total loans and leases

0.44 %

0.41 %

0.38 %

0.30 %

0.28 %

0.03

0.16

Non-performing assets to total assets

0.32 %

0.30 %

0.28 %

0.22 %

0.20 %

0.02

0.12

Allowance for credit losses to loans and leases

1.17 %

1.16 %

1.16 %

1.24 %

1.18 %

0.01

(0.01)

Total risk-based capital ratio ⁽⁴⁾

12.5 %

12.2 %

12.0 %

11.9 %

11.6 %

0.30

0.90

Common equity tier 1 risk-based capital ratio ⁽⁴⁾

10.3 %

10.0 %

9.8 %

9.6 %

9.5 %

0.30

0.80

⁽¹⁾

See GAAP to Non-GAAP Reconciliation.

⁽²⁾

Tax-exempt interest was adjusted to a taxable equivalent basis using a 21% tax rate.

⁽³⁾

Total funding = Total deposits + Total borrowings.

⁽⁴⁾

Estimated holding company ratios.

⁽⁵⁾

The operating efficiency ratio was adjusted in the first quarter of 2024 to remove B&O taxes and for a tax-equivalent adjustment to BOLI income. The Company views the adjusted operating efficiency ratio as a better representation of its efficiency ratio when compared to other banks as it normalizes for the tax treatment of the adjusted items. The adjustment re-aligns Columbia's calculation of its operating efficiency ratio with its pre-merger calculation.

⁽⁶⁾

Non-interest expense adjustments were revised subsequent to the Company's reporting of its earnings results for the period ended December 31, 2023. The revision includes adding the FDIC special assessment to the non-interest expense adjustments, which removes the special assessment from the Company's calculation of operating non-interest expense. The Company views the special assessment as an infrequent expense that is outside the control of the Company.

Columbia Banking System, Inc.

Financial Highlights

(Unaudited)

Nine Months Ended

% Change

Sep 30, 2024

Sep 30, 2023

Year over Year

Per Common Share Data:

Dividends

$                      1.08

$                      1.07

0.93 %

Performance Ratios:

Efficiency ratio ⁽²⁾

57.99 %

65.87 %

(7.88)

Non-interest expense to average assets ⁽¹⁾

2.15 %

2.68 %

(0.53)

Return on average assets

1.00 %

0.70 %

0.30

PPNR ROAA ⁽¹⁾

1.55 %

1.38 %

0.17

Return on average common equity

10.42 %

7.77 %

2.65

Return on average tangible common equity ⁽¹⁾

15.27 %

11.21 %

4.06

Performance Ratios - Operating: ⁽¹⁾

Operating efficiency ratio, as adjusted ^{(1), (2), (4), (5)}

54.80 %

52.70 %

2.10

Operating non-interest expense to average assets ⁽¹⁾

2.07 %

2.21 %

(0.14)

Operating ROAA ^{(1), (5)}

1.07 %

1.11 %

(0.04)

Operating PPNR ROAA ^{(1), (5)}

1.65 %

1.91 %

(0.26)

Operating return on average common equity ^{(1), (5)}

11.17 %

12.34 %

(1.17)

Operating return on average tangible common equity ^{(1), (5)}

16.36 %

17.80 %

(1.44)

Average Balance Sheet Yields, Rates, & Ratios:

Yield on loans and leases

6.18 %

5.88 %

0.30

Yield on earning assets ⁽²⁾

5.76 %

5.46 %

0.30

Cost of interest bearing deposits

2.93 %

1.68 %

1.25

Cost of interest bearing liabilities

3.28 %

2.38 %

0.90

Cost of total deposits

1.97 %

1.02 %

0.95

Cost of total funding ⁽³⁾

2.31 %

1.56 %

0.75

Net interest margin ⁽²⁾

3.55 %

3.96 %

(0.41)

Average interest bearing cash / Average interest earning assets

3.61 %

5.05 %

(1.44)

Average loans and leases / Average interest earning assets

78.02 %

76.91 %

1.11

Average loans and leases / Average total deposits

90.48 %

91.42 %

(0.94)

Average non-interest bearing deposits / Average total deposits

32.78 %

39.28 %

(6.50)

Average total deposits / Average total funding ⁽³⁾

90.16 %

87.53 %

2.63

⁽¹⁾

See GAAP to Non-GAAP Reconciliation.

⁽²⁾

Tax-exempt interest was adjusted to a taxable equivalent basis using a 21% tax rate.

⁽³⁾

Total funding = Total deposits + Total borrowings.

⁽⁴⁾

The operating efficiency ratio was adjusted in the first quarter of 2024 to remove B&O taxes and for a tax-equivalent adjustment to BOLI income. The Company views the adjusted operating efficiency ratio as a better representation of its efficiency ratio when compared to other banks as it normalizes for the tax treatment of the adjusted items. The adjustment re-aligns Columbia's calculation of its operating efficiency ratio with its pre-merger calculation.

⁽⁵⁾

Non-interest expense adjustments were revised subsequent to the Company's reporting of its earnings results for the period ended December 31, 2023. The revision includes adding the FDIC special assessment to the non-interest expense adjustments, which removes the special assessment from the Company's calculation of operating non-interest expense. The Company views the special assessment as an infrequent expense that is outside the control of the Company.

Columbia Banking System, Inc.

Loan & Lease Portfolio Balances and Mix

(Unaudited)

Sep 30, 2024

Jun 30, 2024

Mar 31, 2024

Dec 31, 2023

Sep 30, 2023

% Change

($ in thousands)

Amount

Amount

Amount

Amount

Amount

Seq.
Quarter

Year
over
Year

Loans and leases: