冰川万通金控 2025年季度报告

FORM10-Q____________________________________________________________ ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For thequarterly period endedMarch31, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For thetransition period from __________ to __________ Commission file number000-18911____________________________________________________________ GLACIER BANCORP, INC. (Exact name of registrant as specified in its charter)____________________________________________________________ (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No The number of shares of Registrant’s common stock outstanding on April14, 2025 was113,517,944. No preferred shares are issued oroutstanding. TABLE OF CONTENTS Part I. Financial Information Item1 – Financial StatementsUnaudited Condensed Consolidated Statements of Financial Condition –March 31, 2025 and December 31, 2024Unaudited Condensed Consolidated Statements of Operations –Three Months ended March 31, 2025 and 2024Unaudited Condensed Consolidated Statements of Comprehensive Income –Three Months ended March 31, 2025 and 2024Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Equity –ThreeMonths endedMarch 31, 2025and 2024Unaudited Condensed Consolidated Statements of Cash Flows –Three Months ended March 31, 2025 and 2024Notes to Unaudited Condensed Consolidated Financial StatementsItem2 – Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3 – Quantitative and Qualitative Disclosure about Market RiskItem4 – Controls and ProceduresPart II. Other InformationItem1 – Legal ProceedingsItem1A – Risk FactorsItem2 – Unregistered Sales of Equity Securities and Use of ProceedsItem3 – Defaults upon Senior SecuritiesItem4 – Mine Safety DisclosuresItem5 – Other InformationItem6 – ExhibitsSignatures ABBREVIATIONS/ACRONYMS ACL or allowance– allowance for credit lossesAFS -available-for-saleALCO– Asset Liability CommitteeASC– Accounting Standards CodificationASU– Accounting Standards UpdateATM– automated teller machineBank– Glacier BankBOI -Bank of IdahoBOID -Bank of Idaho Holding Co.BTFP -Bank Term Funding Program of the Federal Reserve BankCDE– Certified Development EntityCDFI Fund– Community Development Financial Institutions FundCECL– current expected credit lossesCEO– Chief Executive OfficerCFO– Chief Financial OfficerCFGW– Community Financial Group, Inc.CRE- Commercial real estateCompany– Glacier Bancorp, Inc.DDA– demand deposit accountFannie Mae– Federal National Mortgage AssociationFASB– Financial Accounting Standards BoardFDIC– Federal Deposit Insurance CorporationFHLB– Federal Home Loan BankFinal Rules– final rules implemented by the federal banking agencies that established anew comprehensive regulatory capital frameworkFRB– Federal Reserve BankFreddie Mac– Federal Home Loan Mortgage CorporationGAAP– accounting principles generally accepted in the United States of AmericaGDP– gross domestic productGinnie Mae– Government National Mortgage AssociationHTM- Held-to-maturityInterest rate locks -residential real estate derivatives for commitmentsLIBOR– London Interbank Offered RateLIHTC– Low Income Housing Tax CreditMBFD- Modifications to borrowers experiencing financial difficultyNMTC– New Markets Tax CreditNOW– negotiable order of withdrawalNRSRO– Nationally Recognized Statistical Rating OrganizationsOCI– other comprehensive incomeOREO– other real estate ownedPCD– purchased credit-deterioratedPPP– Paycheck Protectio