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Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2022

Receivables [Abstract]

Schedule of Current, Accruing Past Due, and Non-accrual Loans

The following tables provide a summary of current, accruing past due, and non-accrual loans by portfolio class as of June 30, 2022 and December 31, 2021.

			June 30, 2022
(in thousands)			Current						Accruing 30-89 Days Past Due						Accruing 90 Days or Greater Past Due						Total Accruing Past Due						Non-accrual with an ALL						Non-accrual without an ALL						Total
Commercial, financial and agricultural			$	12,954,600					$	14,363					$	525					$	14,888					$	12,834					$	35,767					$	13,018,089
Owner-occupied			7,744,300						4,538						—						4,538						6,955						4,443						7,760,236
Total commercial and industrial			20,698,900						18,901						525						19,426						19,789						40,210						20,778,325
Investment properties			10,400,407						271						—						271						5,025						2,345						10,408,048
1-4 family properties			636,701						2,036						—						2,036						1,821						1,297						641,855
Land and development			451,590						—						—						—						1,924						—						453,514
Total commercial real estate			11,488,698						2,307						—						2,307						8,770						3,642						11,503,417
Consumer mortgages			5,092,428						9,238						—						9,238						22,857						—						5,124,523
Home equity			1,567,527						3,591						—						3,591						7,588						512						1,579,218
Credit cards			191,641						1,413						1,236						2,649						—						—						194,290
Other consumer loans			2,000,402						18,459						490						18,949						5,656						—						2,025,007
Total consumer			8,851,998						32,701						1,726						34,427						36,101						512						8,923,038
Loans, net of deferred fees and costs			$	41,039,596					$	53,909					$	2,251					$	56,160					$	64,660					$	44,364					$	41,204,780

			December 31, 2021
(in thousands)			Current						Accruing 30-89 Days Past Due						Accruing 90 Days or Greater Past Due						Total Accruing Past Due						Non-accrual with an ALL						Non-accrual without an ALL						Total
Commercial, financial and agricultural			$	12,068,740					$	13,378					$	3,953					$	17,331					$	37,918					$	23,869					$	12,147,858
Owner-occupied			7,460,184						3,627						59						3,686						7,146						4,050						7,475,066
Total commercial and industrial			19,528,924						17,005						4,012						21,017						45,064						27,919						19,622,924
Investment properties			9,894,924						1,285						717						2,002						3,273						2,577						9,902,776
1-4 family properties			639,631						1,182						93						1,275						4,535						28						645,469
Land and development			463,949						845						154						999						1,918						—						466,866
Total commercial real estate			10,998,504						3,312						964						4,276						9,726						2,605						11,015,111
Consumer mortgages			5,033,537						6,257						126						6,383						29,078						—						5,068,998
Home equity			1,349,027						2,619						—						2,619						9,773						—						1,361,419
Credit cards			201,929						1,233						1,010						2,243						—						—						204,172
Other consumer loans			2,011,430						20,369						658						21,027						6,877						—						2,039,334
Total consumer			8,595,923						30,478						1,794						32,272						45,728						—						8,673,923
Loans, net of deferred fees and costs			$	39,123,351					$	50,795					$	6,770					$	57,565					$	100,518					$	30,524					$	39,311,958

Loan Portfolio Credit Exposure

The following tables summarize each loan portfolio class by risk grade and origination year as of June 30, 2022 and December 31, 2021 as required under CECL.

			June 30, 2022
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans
(in thousands)			2022						2021						2020						2019						2018						Prior						Amortized Cost Basis						Converted to Term Loans						Total
Commercial, financial and agricultural
Pass			$	539,814					$	2,126,772					$	1,183,170					$	811,870					$	569,801					$	1,166,642					$	6,202,131					$	30,553					$	12,630,753
Special Mention			3,136						4,280						9,337						9,435						17,596						3,333						86,555						—						133,672
Substandard(1)			6,888						11,081						52,047						45,437						18,756						28,546						86,152						1,082						249,989
Doubtful(2)			—						—						—						—						3,520						—						—						—						3,520
Loss(3)			—						—						—						—						—						—						155						—						155
Total commercial, financial and agricultural			549,838						2,142,133						1,244,554						866,742						609,673						1,198,521						6,374,993						31,635						13,018,089
Owner-occupied
Pass			834,063						1,730,966						1,178,269						1,007,485						720,509						1,388,397						641,261						—						7,500,950
Special Mention			137						4,545						86,210						8,841						45,656						28,168						—						—						173,557
Substandard(1)			2,400						12,555						2,969						5,738						39,048						22,766						—						—						85,476
Loss(3)			—						253						—						—						—						—						—						—						253
Total owner-occupied			836,600						1,748,319						1,267,448						1,022,064						805,213						1,439,331						641,261						—						7,760,236
Total commercial and industrial			1,386,438						3,890,452						2,512,002						1,888,806						1,414,886						2,637,852						7,016,254						31,635						20,778,325
Investment properties
Pass			1,352,056						2,953,629						1,554,185						1,444,006						901,677						1,749,178						314,751						—						10,269,482
Special Mention			—						6,963						—						15,295						11,559						4,409						7,997						—						46,223
Substandard(1)			358						486						631						3,695						52,785						13,118						21,270						—						92,343
Total investment properties			1,352,414						2,961,078						1,554,816						1,462,996						966,021						1,766,705						344,018						—						10,408,048
1-4 family properties
Pass			174,897						203,245						56,607						38,918						33,778						75,587						46,689						—						629,721
Special Mention			2,688						1,250						970						634						—						202						—						—						5,744
Substandard(1)			699						1,785						5						435						1,521						1,900						45						—						6,390
Total 1-4 family properties			178,284						206,280						57,582						39,987						35,299						77,689						46,734						—						641,855

			June 30, 2022
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans
(in thousands)			2022						2021						2020						2019						2018						Prior						Amortized Cost Basis						Converted to Term Loans						Total
Land and development
Pass			66,081						133,592						30,360						55,259						21,038						84,205						22,182						—						412,717
Special Mention			29						170						775						—						31,136						290						—						—						32,400
Substandard(1)			813						2,884						225						643						477						3,355						—						—						8,397
Total land and development			66,923						136,646						31,360						55,902						52,651						87,850						22,182						—						453,514
Total commercial real estate			1,597,621						3,304,004						1,643,758						1,558,885						1,053,971						1,932,244						412,934						—						11,503,417
Consumer mortgages
Pass			498,240						1,249,155						1,432,760						496,716						187,795						1,205,352						492						—						5,070,510
Substandard(1)			45						2,667						4,926						7,134						11,624						26,856						—						—						53,252
Loss(3)			—						—						—						4						—						757						—						—						761
Total consumer mortgages			498,285						1,251,822						1,437,686						503,854						199,419						1,232,965						492						—						5,124,523
Home equity
Pass			—						—						—						—						—						—						1,204,042						363,356						1,567,398
Substandard(1)			—						—						—						—						—						—						6,967						4,289						11,256
Loss(3)			—						—						—						—						—						—						426						138						564
Total home equity			—						—						—						—						—						—						1,211,435						367,783						1,579,218
Credit cards
Pass			—						—						—						—						—						—						193,102						—						193,102
Substandard(1)			—						—						—						—						—						—						430						—						430
Loss(4)			—						—						—						—						—						—						758						—						758
Total credit cards			—						—						—						—						—						—						194,290						—						194,290
Other consumer loans
Pass			155,843						667,787						557,705						86,030						43,321						182,373						323,060						—						2,016,119
Substandard(1)			1,942						1,515						1,724						1,326						1,110						1,094						168						—						8,879
Loss(4)			—						—						—						—						—						9						—						—						9
Total other consumer loans			157,785						669,302						559,429						87,356						44,431						183,476						323,228						—						2,025,007
Total consumer			656,070						1,921,124						1,997,115						591,210						243,850						1,416,441						1,729,445						367,783						8,923,038
Loans, net of deferred fees and costs			$	3,640,129					$	9,115,580					$	6,152,875					$	4,038,901					$	2,712,707					$	5,986,537					$	9,158,633					$	399,418					$	41,204,780

(1)    The majority of loans within Substandard risk grade are accruing loans at June 30, 2022.

(2)    Loans within Doubtful risk grade are on non-accrual status and generally have an ALL equal to 50% of the loan amount.

(3)    Loans within Loss risk grade are on non-accrual status and have an ALL equal to the full loan amount.

(4)    Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an ALL equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Retail Credit Classification Policy.

			December 31, 2021
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans
(in thousands)			2021						2020						2019						2018						2017						Prior						Amortized Cost Basis						Converted to Term Loans						Total
Commercial, financial and agricultural
Pass			$	2,396,717					$	1,332,549					$	922,396					$	607,918					$	433,045					$	903,995					$	5,151,981					$	42,809					$	11,791,410
Special Mention			2,731						15,166						17,571						10,433						2,242						2,489						71,996						—						122,628
Substandard(1)			16,105						50,979						40,125						10,383						16,473						37,565						51,442						33						223,105
Doubtful(2)			469						—						1,601						8,512						—						—						48						—						10,630
Loss(3)			—						—						—						—						—						—						85						—						85
Total commercial, financial and agricultural			2,416,022						1,398,694						981,693						637,246						451,760						944,049						5,275,552						42,842						12,147,858
Owner-occupied
Pass			1,776,086						1,276,797						1,117,825						858,721						708,942						1,116,766						437,724						—						7,292,861
Special Mention			702						19,950						4,724						10,202						18,109						36,481						—						—						90,168
Substandard(1)			7,312						1,294						8,386						43,276						6,169						25,329						—						—						91,766
Loss(3)			271						—						—						—						—						—						—						—						271
Total owner-occupied			1,784,371						1,298,041						1,130,935						912,199						733,220						1,178,576						437,724						—						7,475,066
Total commercial and industrial			4,200,393						2,696,735						2,112,628						1,549,445						1,184,980						2,122,625						5,713,276						42,842						19,622,924
Investment properties
Pass			2,823,978						1,463,503						1,905,534						1,019,765						738,036						1,317,634						278,697						—						9,547,147
Special Mention			6,163						—						32,290						63,900						59,194						44,532						33,659						—						239,738
Substandard(1)			1,465						326						8,550						57,127						3,564						23,505						21,354						—						115,891
Total investment properties			2,831,606						1,463,829						1,946,374						1,140,792						800,794						1,385,671						333,710						—						9,902,776
1-4 family properties
Pass			295,082						82,976						51,939						43,025						49,057						57,025						55,588						—						634,692
Special Mention			192						207						641						—						—						239						—						—						1,279
Substandard(1)			1,999						—						566						4,222						489						2,177						45						—						9,498
Total 1-4 family properties			297,273						83,183						53,146						47,247						49,546						59,441						55,633						—						645,469
Land and development
Pass			141,614						42,201						77,868						34,058						37,167						44,989						44,730						—						422,627
Special Mention			—						800						1,900						31,458						—						1,179						—						—						35,337
Substandard(1)			824						1,149						46						3,021						807						3,055						—						—						8,902
Total land and development			142,438						44,150						79,814						68,537						37,974						49,223						44,730						—						466,866
Total commercial real estate			3,271,317						1,591,162						2,079,334						1,256,576						888,314						1,494,335						434,073						—						11,015,111

			December 31, 2021
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans
(in thousands)			2021						2020						2019						2018						2017						Prior						Amortized Cost Basis						Converted to Term Loans						Total
Consumer mortgages
Pass			1,274,999						1,556,733						572,467						216,277						392,492						1,001,771						255						—						5,014,994
Substandard(1)			1,031						3,680						5,943						12,387						5,717						25,025						—						—						53,783
Loss(3)			—						—						5						—						—						216						—						—						221
Total consumer mortgages			1,276,030						1,560,413						578,415						228,664						398,209						1,027,012						255						—						5,068,998
Home equity
Pass			—						—						—						—						—						—						1,199,556						146,635						1,346,191
Substandard(1)			—						—						—						—						—						—						9,058						5,372						14,430
Loss(3)			—						—						—						—						—						—						658						140						798
Total home equity			—						—						—						—						—						—						1,209,272						152,147						1,361,419
Credit cards
Pass			—						—						—						—						—						—						203,161						—						203,161
Substandard(1)			—						—						—						—						—						—						348						—						348
Loss(4)			—						—						—						—						—						—						663						—						663
Total credit cards			—						—						—						—						—						—						204,172						—						204,172
Other consumer loans
Pass			654,419						708,937						127,131						49,993						86,175						97,765						306,500						—						2,030,920
Substandard(1)			668						1,550						2,064						1,308						1,892						750						162						—						8,394
Loss(4)			—						—						—						—						—						20						—						—						20
Total other consumer loans			655,087						710,487						129,195						51,301						88,067						98,535						306,662						—						2,039,334
Total consumer			1,931,117						2,270,900						707,610						279,965						486,276						1,125,547						1,720,361						152,147						8,673,923
Loans, net of deferred fees and costs			$	9,402,827					$	6,558,797					$	4,899,572					$	3,085,986					$	2,559,570					$	4,742,507					$	7,867,710					$	194,989					$	39,311,958

(1)    The majority of loans within Substandard risk grade are accruing loans at December 31, 2021.

(2)    Loans within Doubtful risk grade are on non-accrual status and generally have an ALL equal to 50% of the loan amount.

(3)    Loans within Loss risk grade are on non-accrual status and have an ALL equal to the full loan amount.

(4)    Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an ALL equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Retail Credit Classification Policy.

Financing Receivable, Allowance for Credit Loss

The following tables detail the changes in the ALL by loan segment for the three and six months ended June 30, 2022 and 2021.

			As Of and For the Three Months Ended June 30, 2022
(in thousands)			Commercial & Industrial						Commercial Real Estate						Consumer						Total
Allowance for loan losses:
Beginning balance at March 31, 2022			$	178,722					$	94,696					$	141,538					$	414,956
Charge-offs			(15,512)						(252)						(7,934)						(23,698)
Recoveries			3,208						572						3,353						7,133
Provision for (reversal of) loan losses			(6,410)						9,202						6,654						9,446
Ending balance at June 30, 2022			$	160,008					$	104,218					$	143,611					$	407,837
			As Of and For the Three Months Ended June 30, 2021
(in thousands)			Commercial & Industrial						Commercial Real Estate						Consumer						Total
Allowance for loan losses:
Beginning balance at March 31, 2021			$	254,777					$	113,812					$	194,625					$	563,214
Charge-offs			(18,729)						(3,839)						(8,285)						(30,853)
Recoveries			1,495						377						2,435						4,307
Provision for (reversal of) loan losses			17,395						(18,237)						(19,118)						(19,960)
Ending balance at June 30, 2021			$	254,938					$	92,113					$	169,657					$	516,708
			As Of and For the Six Months Ended June 30, 2022
(in thousands)			Commercial & Industrial						Commercial Real Estate						Consumer						Total
Allowance for loan losses:
Beginning balance at December 31, 2021			$	188,364					$	97,760					$	141,473					$	427,597
Charge-offs			(29,275)						(2,708)						(16,862)						(48,845)
Recoveries			5,571						933						7,167						13,671
Provision for (reversal of) loan losses			(4,652)						8,233						11,833						15,414
Ending balance at June 30, 2022			$	160,008					$	104,218					$	143,611					$	407,837
			As Of and For the Six Months Ended June 30, 2021
(in thousands)			Commercial & Industrial						Commercial Real Estate						Consumer						Total
Allowance for loan losses:
Beginning balance at December 31, 2020			$	229,555					$	130,742					$	245,439					$	605,736
Charge-offs			(28,146)						(14,158)						(13,874)						(56,178)
Recoveries			4,267						1,403						3,758						9,428
Provision for loan losses			49,262						(25,874)						(65,666)						(42,278)
Ending balance at June 30, 2021			$	254,938					$	92,113					$	169,657					$	516,708

Troubled Debt Restructurings

Information about Synovus' TDRs is presented in the following tables. Synovus began entering into loan modifications with borrowers in response to the COVID-19 pandemic under the CARES Act, some of which had not been classified as TDRs. The CARES Act election period ended on January 1, 2022. See "Part II - Item 8. Financial Statements and Supplementary Data - Note 1 - Summary of Significant Accounting Policies" in Synovus' 2021 Form 10-K for information on Synovus' loan modifications due to COVID-19. The following tables represent, by concession type, the post-modification balance for loans modified or renewed during the three and six months ended June 30, 2022 and 2021 that were reported as accruing or non-accruing TDRs.

TDRs by Concession Type
			Three Months Ended June 30, 2022
(in thousands, except contract data)			Number of Contracts						Below Market Interest Rate						Other Concessions(1)						Total
Commercial, financial and agricultural			23						$	8,534					$	266					$	8,800
Owner-occupied			7						22,430						—						22,430
Total commercial and industrial			30						30,964						266						31,230
Investment properties			2						690						—						690
1-4 family properties			4						1,984						—						1,984
Land and development			1						437						—						437
Total commercial real estate			7						3,111						—						3,111
Consumer mortgages			3						159						162						321
Home equity			14						2,490						39						2,529
Other consumer loans			4						—						91						91
Total consumer			21						2,649						292						2,941
Total TDRs			58						$	36,724					$	558					$	37,282		(2)
			Three Months Ended June 30, 2021
(in thousands, except contract data)			Number of Contracts						Below Market Interest Rate						Other Concessions(1)						Total
Commercial, financial and agricultural			18						$	1,770					$	1,174					$	2,944
Owner-occupied			5						1,155						—						1,155
Total commercial and industrial			23						2,925						1,174						4,099
Investment properties			1						419						—						419
1-4 family properties			2						158						—						158
Land and development			1						366						—						366
Total commercial real estate			4						943						—						943
Consumer mortgages			2						331						—						331
Home equity			14						900						96						996
Other consumer loans			13						187						245						432
Total consumer			29						1,418						341						1,759
Total TDRs			56						$	5,286					$	1,515					$	6,801		(3)

(1)    Other concessions generally include term extensions, interest only payments for a period of time, or principal forgiveness, but there was no principal forgiveness for the three months ending June 30, 2022 and 2021.

(2)    No net charge-offs were recorded during the three months ended June 30, 2022.

(3)    No net charge-offs were recorded during the three months ended June 30, 2021.

			Six Months Ended June 30, 2022
(in thousands, except contract data)			Number of Contracts						Below Market Interest Rate						Other Concessions(1)						Total
Commercial, financial and agricultural			56						$	26,434					$	807					$	27,241
Owner-occupied			20						28,534						3,857						32,391
Total commercial and industrial			76						54,968						4,664						59,632
Investment properties			5						1,279						6,610						7,889
1-4 family properties			11						3,197						—						3,197
Land and development			4						3,168						—						3,168
Total commercial real estate			20						7,644						6,610						14,254
Consumer mortgages			10						1,176						266						1,442
Home equity			25						3,419						39						3,458
Other consumer loans			6						—						139						139
Total consumer			41						4,595						444						5,039
Total TDRs			137						$	67,207					$	11,718					$	78,925		(2)
			Six Months Ended June 30, 2021
(in thousands, except contract data)			Number of Contracts						Below Market Interest Rate						Other Concessions(1)						Total
Commercial, financial and agricultural			58						$	5,003					$	3,737					$	8,740
Owner-occupied			10						2,409						399						2,808
Total commercial and industrial			68						7,412						4,136						11,548
Investment properties			6						2,403						—						2,403
1-4 family properties			7						621						39						660
Land and development			2						366						43						409
Total commercial real estate			15						3,390						82						3,472
Consumer mortgages			2						331						—						331
Home equity			27						1,487						258						1,745
Other consumer loans			86						316						4,864						5,180
Total consumer			115						2,134						5,122						7,256
Total TDRs			198						$	12,936					$	9,340					$	22,276		(3)

(1)    Other concessions generally include term extensions, interest only payments for a period of time, or principal forgiveness, but there was no principal forgiveness for the six months ending June 30, 2022 and 2021.

(2)    No net charge-offs were recorded during the six months ended June 30, 2022.

(3)    No net charge-offs were recorded during the six months ended June 30, 2021.

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