Company: UMBFO
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028420
Chunk: 161

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 161
---
-family

        —

        —

        —

        1-4 Family construction

        —

        —

        —

        General construction

        93

        —

        93

        Total Commercial real estate

        900

        —

        900

        Consumer real estate:

        HELOC

        1,437

        —

        1,437

        First lien: 1-4 family

        3,519

        —

        3,519

        Junior lien: 1-4 family

        102

        —

        102

        Total Consumer real estate

        5,058

        —

        5,058

        Consumer:

        Revolving line

        —

        —

        —

        Auto

        14

        —

        14

        Other

        14

        —

        14

        Total Consumer

        28

        —

        28

        Leases and other:

        Leases

        —

        —

        —

        Other

        71

        —

        71

        Total Leases and other

        71

        —

        71

        Total loans
         
        $
        13,090

        $
        —

        $
        13,090

       Modifications made to Borrowers Experiencing Financial DifficultyIn the normal course of business, the Company may execute loan modifications with borrowers.  These modifications are analyzed to determine whether the modification is considered concessionary, long term and made to a borrower experiencing financial difficulty.  The Company’s modifications generally include interest rate adjustments, principal reductions, and amortization and maturity date extensions.  These modifications allow the borrower short-term cash relief to allow them to improve their financial condition.  If a loan modification is determined to be made to a borrower experiencing financial difficulty, the loan is considered collateral dependent and evaluated as part of the ACL as described above in the Allowance for Credit Losses section of this note. For the year ended December 31, 2024, the Company had five modifications on residential real estate loans made to borrowers experiencing financial difficulty with a total pre-modification loan balance of $1.1 million and a total post-modification balance of $1.1 million.  For the year ended December 31, 2023, the Company did not modify any loans made to borrowers experiencing financial difficulty. 

102

The Company had no commitments to lend to borrowers experiencing financial difficulty for which the Company has modified an