XML 82 R69.htm IDEA: XBRL DOCUMENT v3.22.4
CREDIT QUALITY ASSESSMENT - Allowance for Credit or Loan Losses by Respective Loan Portfolio Segment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 109,145 $ 165,367 $ 56,132
Provision/ (credit) for credit losses - loans 26,680 (45,556) 85,669
Loans charge-offs (1,105) (12,313) (1,819)
Loans recoveries 1,522 1,647 1,012
Net (charge-offs)/ recoveries 417 (10,666) (807)
Balance at period end 136,242 109,145 165,367
Total loans $ 11,396,706 $ 9,967,091  
Allowance for credit losses on loans to total loans ratio 1.20% 1.10%  
Average loans $ 10,638,882 $ 10,034,866  
Net charge-offs/ (recoveries) to average loans 0.00% 0.11%  
Total individually evaluated loans: $ 26,197 $ 33,534  
Allowance for credit losses related to loans evaluated individually $ 6,902 $ 6,593  
Individual allowance to loans evaluated individually ratio 26.35% 19.66%  
Balance of loans collectively evaluated for credit loss $ 11,370,509 $ 9,933,557  
Allowance for credit losses related to loans evaluated collectively $ 129,340 $ 102,552  
Collective allowance to loans evaluated collectively ratio 1.14% 1.03%  
Commercial investor real estate      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Loans charge-offs $ 0 $ (5,802)  
Total loans 5,130,094 4,141,346  
Commercial owner-occupied real estate      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Loans charge-offs 0 (136)  
Total loans 1,775,037 1,690,881  
Commercial AD&C      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Loans charge-offs 0 (2,007)  
Total loans 1,090,028 1,088,094  
Residential mortgage      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Loans charge-offs (155) 0  
Total loans 1,287,933 937,570  
Residential construction      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Loans charge-offs 0 0  
Total loans 224,772 197,652  
Commercial real estate: | Commercial investor real estate      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year 45,289 57,404  
Provision/ (credit) for credit losses - loans 19,128 (6,598)  
Loans charge-offs 0 (5,802)  
Loans recoveries 320 285  
Net (charge-offs)/ recoveries 320 (5,517)  
Balance at period end 64,737 45,289 57,404
Total loans $ 5,130,094 $ 4,141,346  
Allowance for credit losses on loans to total loans ratio 1.26% 1.09%  
Average loans $ 4,681,607 $ 3,689,769  
Net charge-offs/ (recoveries) to average loans (0.01%) 0.15%  
Total individually evaluated loans: $ 9,943 $ 12,489  
Allowance for credit losses related to loans evaluated individually $ 134 $ 213  
Individual allowance to loans evaluated individually ratio 1.35% 1.71%  
Balance of loans collectively evaluated for credit loss $ 5,120,151 $ 4,128,857  
Allowance for credit losses related to loans evaluated collectively $ 64,603 $ 45,076  
Collective allowance to loans evaluated collectively ratio 1.26% 1.09%  
Commercial real estate: | Commercial owner-occupied real estate      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 11,687 $ 20,061  
Provision/ (credit) for credit losses - loans (90) (8,238)  
Loans charge-offs 0 (136)  
Loans recoveries 49 0  
Net (charge-offs)/ recoveries 49 (136)  
Balance at period end 11,646 11,687 20,061
Total loans $ 1,775,037 $ 1,690,881  
Allowance for credit losses on loans to total loans ratio 0.66% 0.69%  
Average loans $ 1,730,293 $ 1,661,015  
Net charge-offs/ (recoveries) to average loans 0.00% 0.01%  
Total individually evaluated loans: $ 6,155 $ 9,306  
Allowance for credit losses related to loans evaluated individually $ 1,261 $ 79  
Individual allowance to loans evaluated individually ratio 20.49% 0.85%  
Balance of loans collectively evaluated for credit loss $ 1,768,882 $ 1,681,575  
Allowance for credit losses related to loans evaluated collectively $ 10,385 $ 11,608  
Collective allowance to loans evaluated collectively ratio 0.59% 0.69%  
Commercial real estate: | Commercial AD&C      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 20,322 $ 22,157  
Provision/ (credit) for credit losses - loans (1,676) 172  
Loans charge-offs 0 (2,007)  
Loans recoveries 0 0  
Net (charge-offs)/ recoveries 0 (2,007)  
Balance at period end 18,646 20,322 22,157
Total loans $ 1,090,028 $ 1,088,094  
Allowance for credit losses on loans to total loans ratio 1.71% 1.87%  
Average loans $ 1,112,936 $ 1,110,420  
Net charge-offs/ (recoveries) to average loans 0.00% 0.18%  
Total individually evaluated loans: $ 0 $ 650  
Allowance for credit losses related to loans evaluated individually $ 0 $ 504  
Individual allowance to loans evaluated individually ratio 0.00% 77.54%  
Balance of loans collectively evaluated for credit loss $ 1,090,028 $ 1,087,444  
Allowance for credit losses related to loans evaluated collectively $ 18,646 $ 19,818  
Collective allowance to loans evaluated collectively ratio 1.71% 1.82%  
Commercial Business      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Total loans $ 9,451,044 $ 8,402,155  
Total individually evaluated loans: 8,274 9,033  
Allowance for credit losses related to loans evaluated individually 5,507 5,797  
Commercial Business | Commercial business      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year 23,170 46,806  
Provision/ (credit) for credit losses - loans 4,774 (20,132)  
Loans charge-offs (716) (4,069)  
Loans recoveries 799 565  
Net (charge-offs)/ recoveries 83 (3,504)  
Balance at period end 28,027 23,170 46,806
Total loans $ 1,455,885 $ 1,481,834  
Allowance for credit losses on loans to total loans ratio 1.93% 1.56%  
Average loans $ 1,351,906 $ 1,952,537  
Net charge-offs/ (recoveries) to average loans (0.01%) 0.18%  
Total individually evaluated loans: $ 8,274 $ 9,033  
Allowance for credit losses related to loans evaluated individually $ 5,507 $ 5,797  
Individual allowance to loans evaluated individually ratio 66.56% 64.18%  
Balance of loans collectively evaluated for credit loss $ 1,447,611 $ 1,472,801  
Allowance for credit losses related to loans evaluated collectively $ 22,520 $ 17,373  
Collective allowance to loans evaluated collectively ratio 1.56% 1.18%  
Residential real estate: | Residential mortgage      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 5,384 $ 11,295  
Provision/ (credit) for credit losses - loans 4,093 (6,321)  
Loans charge-offs (155) 0  
Loans recoveries 102 410  
Net (charge-offs)/ recoveries (53) 410  
Balance at period end 9,424 5,384 11,295
Total loans $ 1,287,933 $ 937,570  
Allowance for credit losses on loans to total loans ratio 0.73% 0.57%  
Average loans $ 1,117,053 $ 979,754  
Net charge-offs/ (recoveries) to average loans 0.00% (0.04%)  
Total individually evaluated loans: $ 1,487 $ 1,704  
Allowance for credit losses related to loans evaluated individually $ 0 $ 0  
Individual allowance to loans evaluated individually ratio 0.00% 0.00%  
Balance of loans collectively evaluated for credit loss $ 1,286,446 $ 935,866  
Allowance for credit losses related to loans evaluated collectively $ 9,424 $ 5,384  
Collective allowance to loans evaluated collectively ratio 0.73% 0.58%  
Residential real estate: | Residential construction      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 1,048 $ 1,502  
Provision/ (credit) for credit losses - loans 281 (459)  
Loans charge-offs 0 0  
Loans recoveries 8 5  
Net (charge-offs)/ recoveries 8 5  
Balance at period end 1,337 1,048 1,502
Total loans $ 224,772 $ 197,652  
Allowance for credit losses on loans to total loans ratio 0.59% 0.53%  
Average loans $ 221,341 $ 178,171  
Net charge-offs/ (recoveries) to average loans 0.00% 0.00%  
Total individually evaluated loans: $ 0 $ 0  
Allowance for credit losses related to loans evaluated individually $ 0 $ 0  
Individual allowance to loans evaluated individually ratio 0.00% 0.00%  
Balance of loans collectively evaluated for credit loss $ 224,772 $ 197,652  
Allowance for credit losses related to loans evaluated collectively $ 1,337 $ 1,048  
Collective allowance to loans evaluated collectively ratio 0.59% 0.53%  
Consumer      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Balance at beginning of year $ 2,245 $ 6,142  
Provision/ (credit) for credit losses - loans 170 (3,980)  
Loans charge-offs (234) (299)  
Loans recoveries 244 382  
Net (charge-offs)/ recoveries 10 83  
Balance at period end 2,425 2,245 $ 6,142
Total loans $ 432,957 $ 429,714  
Allowance for credit losses on loans to total loans ratio 0.56% 0.52%  
Average loans $ 423,746 $ 463,200  
Net charge-offs/ (recoveries) to average loans 0.00% (0.02%)  
Total individually evaluated loans: $ 338 $ 352  
Allowance for credit losses related to loans evaluated individually $ 0 $ 0  
Individual allowance to loans evaluated individually ratio 0.00% 0.00%  
Balance of loans collectively evaluated for credit loss $ 432,619 $ 429,362  
Allowance for credit losses related to loans evaluated collectively $ 2,425 $ 2,245  
Collective allowance to loans evaluated collectively ratio 0.56% 0.52%