XML 58 R47.htm IDEA: XBRL DOCUMENT v3.24.3
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit-Related Financial Instruments
Credit-related financial instruments at September 30, 2024 and December 31, 2023 were as follows:
September 30, 2024December 31, 2023
(In thousands)
Commitments to extend credit$1,397,592 $1,255,695 
Commercial letters of credit817 119 
The summary of instruments that are considered financial guarantees in accordance with the authoritative guidance related to guarantor’s accounting and disclosure requirements for guarantees, including indirect guarantees of indebtedness of others, at September 30, 2024 and December 31, 2023, is as follows:
September 30, 2024December 31, 2023
(In thousands)
Standby letters of credit and financial guarantees$23,885 $23,970 
Loans sold with recourse92,559 98,685