XML 66 R56.htm IDEA: XBRL DOCUMENT v3.21.2
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Allowance for Loan Losses and Loan Balances (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Allowance for credit losses          
Beginning balance $ 132,418 $ 232,192 $ 228,804 $ 47,576  
Charge-offs (10,861) (2,632) (23,415) (9,911)  
Recoveries 4,624 450 8,515 5,090  
Provision (credit) (21,310) 2,716 (109,033) 154,116  
Ending balance 104,871 232,726 104,871 232,726  
Loans evaluated on an individual basis 2,255 16 2,255 16  
Loans evaluated on a collective basis 102,616 232,710 102,616 232,710  
Loans evaluated on an individual basis 39,711 32,849 39,711 32,849  
Loans evaluated on a collective basis 7,971,988 9,289,710 7,971,988 9,289,710  
Ending balance 8,011,699 9,322,559 8,011,699 9,322,559 $ 9,014,677
Reverse mortgage, fair value 7,500 12,500 7,500 12,500 10,100
Loans purchased with credit deterioration       100  
Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       35,855  
Commercial | Commercial and industrial          
Allowance for credit losses          
Beginning balance 87,203 144,225 150,875 22,849  
Charge-offs (7,612) (2,254) (19,176) (7,390)  
Recoveries 4,031 223 6,550 4,038  
Provision (credit) (17,804) 6,335 (72,431) 109,285  
Ending balance 65,818 148,529 65,818 148,529  
Loans evaluated on an individual basis 2,247 16 2,247 16  
Loans evaluated on a collective basis 63,571 148,513 63,571 148,513  
Loans evaluated on an individual basis 24,375 14,946 24,375 14,946  
Loans evaluated on a collective basis 2,204,139 3,115,408 2,204,139 3,115,408  
Ending balance 2,228,514 3,130,354 2,228,514 3,130,354 2,949,303
Commercial | Commercial and industrial | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       19,747  
Commercial | Owner-occupied commercial          
Allowance for credit losses          
Beginning balance 6,181 8,956 9,615 4,616  
Charge-offs (38) 0 (83) (336)  
Recoveries 41 8 146 133  
Provision (credit) (1,260) 1,420 (4,754) 7,443  
Ending balance 4,924 10,384 4,924 10,384  
Loans evaluated on an individual basis 0 0 0 0  
Loans evaluated on a collective basis 4,924 10,384 4,924 10,384  
Loans evaluated on an individual basis 2,071 5,132 2,071 5,132  
Loans evaluated on a collective basis 1,337,589 1,339,362 1,337,589 1,339,362  
Ending balance 1,339,660 1,344,494 1,339,660 1,344,494 1,332,727
Commercial | Owner-occupied commercial | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       (1,472)  
Commercial | Commercial mortgages          
Allowance for credit losses          
Beginning balance 16,099 38,397 31,071 7,452  
Charge-offs 0 (4) 0 (55)  
Recoveries 198 6 242 38  
Provision (credit) (3,054) (4,140) (18,070) 25,162  
Ending balance 13,243 34,259 13,243 34,259  
Loans evaluated on an individual basis 8 0 8 0  
Loans evaluated on a collective basis 13,235 34,259 13,235 34,259  
Loans evaluated on an individual basis 2,708 4,878 2,708 4,878  
Loans evaluated on a collective basis 1,985,276 2,162,630 1,985,276 2,162,630  
Ending balance 1,987,984 2,167,508 1,987,984 2,167,508 2,086,062
Commercial | Commercial mortgages | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       1,662  
Commercial | Construction          
Allowance for credit losses          
Beginning balance 3,512 10,126 12,190 3,891  
Charge-offs (2,473) 0 (2,473) 0  
Recoveries 0 0 0 5  
Provision (credit) 1,068 104 (7,610) 5,653  
Ending balance 2,107 10,230 2,107 10,230  
Loans evaluated on an individual basis 0 0 0 0  
Loans evaluated on a collective basis 2,107 10,230 2,107 10,230  
Loans evaluated on an individual basis 2,184 83 2,184 83  
Loans evaluated on a collective basis 760,462 666,234 760,462 666,234  
Ending balance 762,646 666,317 762,646 666,317 716,275
Commercial | Construction | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       681  
Residential          
Allowance for credit losses          
Beginning balance 3,293 9,171 6,893 1,381  
Charge-offs 0 0 0 (175)  
Recoveries 34 26 629 141  
Provision (credit) (326) (743) (4,521) (415)  
Ending balance 3,001 8,454 3,001 8,454  
Loans evaluated on an individual basis 0 0 0 0  
Loans evaluated on a collective basis 3,001 8,454 3,001 8,454  
Loans evaluated on an individual basis 5,877 5,307 5,877 5,307  
Loans evaluated on a collective basis 568,804 839,688 568,804 839,688  
Ending balance 574,681 844,995 574,681 844,995 764,393
Residential | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       7,522  
Consumer          
Allowance for credit losses          
Beginning balance 16,130 21,317 18,160 7,387  
Charge-offs (738) (374) (1,683) (1,955)  
Recoveries 320 187 948 735  
Provision (credit) 66 (260) (1,647) 6,988  
Ending balance 15,778 20,870 15,778 20,870  
Loans evaluated on an individual basis 0 0 0 0  
Loans evaluated on a collective basis 15,778 20,870 15,778 20,870  
Loans evaluated on an individual basis 2,496 2,503 2,496 2,503  
Loans evaluated on a collective basis 1,115,718 1,166,388 1,115,718 1,166,388  
Ending balance $ 1,118,214 $ 1,168,891 $ 1,118,214 1,168,891 $ 1,165,917
Consumer | Impact of adoption ASC 326          
Allowance for credit losses          
Beginning balance       $ 7,715