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Loans And Allowance For Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Schedule of Current, Accruing Past Due, and Nonaccrual Loans
The following tables provide a summary of current, accruing past due, and non-accrual loans by portfolio class as of December 31, 2022 and December 31, 2021.
December 31, 2022
(in thousands)CurrentAccruing 30-89 Days Past DueAccruing 90 Days or Greater Past DueTotal Accruing Past Due Non-accrual with an ALLNon-accrual without an ALLTotal
Commercial, financial, and agricultural$13,798,639 $15,033 $1,437 $16,470 $48,008 $11,299 $13,874,416 
Owner-occupied8,181,649 487 — 487 9,499 605 8,192,240 
Total commercial and industrial21,980,288 15,520 1,437 16,957 57,507 11,904 22,066,656 
Investment properties11,639,614 960 — 960 1,785 1,688 11,644,047 
1-4 family properties613,049 762 — 762 2,172 950 616,933 
Land and development388,098 77 — 77 1,158 — 389,333 
Total commercial real estate12,640,761 1,799 — 1,799 5,115 2,638 12,650,313 
Consumer mortgages5,163,417 13,969 210 14,179 36,847 — 5,214,443 
Home equity 1,742,412 7,795 1 7,796 6,830 — 1,757,038 
Credit cards200,047 1,843 1,722 3,565 — — 203,612 
Other consumer loans1,795,799 21,269 3 21,272 7,220 — 1,824,291 
Total consumer8,901,675 44,876 1,936 46,812 50,897 — 8,999,384 
Loans, net of deferred fees and costs$43,522,724 $62,195 $3,373 $65,568 $113,519 $14,542 $43,716,353 
December 31, 2021
(in thousands)CurrentAccruing 30-89 Days Past DueAccruing 90 Days or Greater Past DueTotal Accruing Past Due Non-accrual with an ALLNon-accrual without an ALLTotal
Commercial, financial, and agricultural$12,068,740 $13,378 $3,953 $17,331 $37,918 $23,869 $12,147,858 
Owner-occupied7,460,184 3,627 59 3,686 7,146 4,050 7,475,066 
Total commercial and industrial19,528,924 17,005 4,012 21,017 45,064 27,919 19,622,924 
Investment properties9,894,924 1,285 717 2,002 3,273 2,577 9,902,776 
1-4 family properties639,631 1,182 93 1,275 4,535 28 645,469 
Land and development463,949 845 154 999 1,918 — 466,866 
Total commercial real estate10,998,504 3,312 964 4,276 9,726 2,605 11,015,111 
Consumer mortgages5,033,537 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 cards201,929 1,233 1,010 2,243 — — 204,172 
Other consumer loans2,011,430 20,369 658 21,027 6,877 — 2,039,334 
Total consumer8,595,923 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 table summarizes each loan portfolio class by regulatory risk grade and origination year as of December 31, 2022 as required by CECL.
December 31, 2022
Term Loans Amortized Cost Basis by Origination YearRevolving Loans
(in thousands)20222021202020192018PriorAmortized Cost BasisConverted to Term LoansTotal
Commercial, financial and agricultural
Pass$1,276,814 $1,911,353 $1,009,230 $782,100 $536,001 $1,037,488 $6,862,070 $43,748 $13,458,804 
Special Mention4,131 14,289 12,691 6,637 5,716 2,777 81,889 1,710 129,840 
Substandard(1)
13,751 17,780 38,943 42,773 18,405 21,418 131,422 1,003 285,495 
Loss(3)
— — — — — — 277 — 277 
Total commercial, financial and agricultural1,294,696 1,943,422 1,060,864 831,510 560,122 1,061,683 7,075,658 46,461 13,874,416 
Owner-occupied
Pass1,537,016 1,675,524 1,137,889 909,525 664,734 1,103,500 866,920 — 7,895,108 
Special Mention4,238 6,760 24,175 13,913 5,024 69,500 — — 123,610 
Substandard(1)
19,437 13,381 63,925 7,415 51,364 17,755 — — 173,277 
Loss(2)
— 245 — — — — — — 245 
Total owner-occupied1,560,691 1,695,910 1,225,989 930,853 721,122 1,190,755 866,920 — 8,192,240 
Total commercial and industrial2,855,387 3,639,332 2,286,853 1,762,363 1,281,244 2,252,438 7,942,578 46,461 22,066,656 
Investment properties
Pass2,671,660 3,245,669 1,532,230 1,220,974 775,747 1,543,724 541,118 — 11,531,122 
Special Mention2,379 1,550 — 14,570 5,908 2,388 146 — 26,941 
Substandard(1)
5,973 1,455 176 1,688 51,767 3,931 20,994 — 85,984 
Total investment properties2,680,012 3,248,674 1,532,406 1,237,232 833,422 1,550,043 562,258 — 11,644,047 
1-4 family properties
Pass248,418 154,181 44,032 33,246 27,053 55,543 47,732 — 610,205 
Special Mention1 — 752 — — 297 — — 1,050 
Substandard(1)
1,309 1,429 75 741 836 1,243 45 — 5,678 
Total 1-4 family properties249,728 155,610 44,859 33,987 27,889 57,083 47,777 — 616,933 
Land and development
Pass119,801 84,055 21,984 39,484 18,600 64,854 5,078 — 353,856 
Special Mention— — 744 — 29,618 1,118 — — 31,480 
Substandard(1)
699 325 220 627 472 1,654 — — 3,997 
Total land and development120,500 84,380 22,948 40,111 48,690 67,626 5,078 — 389,333 
Total commercial real estate3,050,240 3,488,664 1,600,213 1,311,330 910,001 1,674,752 615,113 — 12,650,313 
December 31, 2022
Term Loans Amortized Cost Basis by Origination YearRevolving Loans
(in thousands)20222021202020192018PriorAmortized Cost BasisConverted to Term LoansTotal
Consumer mortgages
Pass$857,489 $1,188,652 $1,356,065 $458,441 $182,834 $1,118,686 $143 $— $5,162,310 
Substandard(1)
1,153 6,452 8,519 9,442 6,167 19,662 — — 51,395 
Loss(2)
— — — 4 — 734 — — 738 
Total consumer mortgages858,642 1,195,104 1,364,584 467,887 189,001 1,139,082 143 — 5,214,443 
Home equity
Pass— — — — — — 1,241,201 504,272 1,745,473 
Substandard(1)
— — — — — — 6,534 4,512 11,046 
Loss(2)
— — — — — — 402 117 519 
Total home equity — — — — — — 1,248,137 508,901 1,757,038 
Credit cards
Pass— — — — — — 201,898 — 201,898 
Substandard(1)
— — — — — — 617 — 617 
Loss(3)
— — — — — — 1,097 — 1,097 
Total credit cards— — — — — — 203,612 — 203,612 
Other consumer loans
Pass284,045 524,601 457,684 61,760 31,662 142,189 313,565 — 1,815,506 
Substandard(1)
1,417 3,810 1,648 712 163 888 139 — 8,777 
   Loss(3)
— — — — — 8 — — 8 
Total other consumer loans285,462 528,411 459,332 62,472 31,825 143,085 313,704 — 1,824,291 
Total consumer1,144,104 1,723,515 1,823,916 530,359 220,826 1,282,167 1,765,596 508,901 8,999,384 
Loans, net of deferred fees and costs$7,049,731 $8,851,511 $5,710,982 $3,604,052 $2,412,071 $5,209,357 $10,323,287 $555,362 $43,716,353 
(1)    The majority of loans within Substandard risk grade are accruing loans at December 31, 2022.
(2)    Loans within Loss risk grade are on non-accrual status and have an ALL equal to the full loan amount.
(3)    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 YearRevolving Loans
(in thousands)20212020201920182017PriorAmortized Cost BasisConverted to Term LoansTotal
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 Mention2,731 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(4)
— — — — — — 85 — 85 
Total commercial, financial and agricultural2,416,022 1,398,694 981,693 637,246 451,760 944,049 5,275,552 42,842 12,147,858 
Owner-occupied
Pass1,776,086 1,276,797 1,117,825 858,721 708,942 1,116,766 437,724 — 7,292,861 
Special Mention702 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-occupied1,784,371 1,298,041 1,130,935 912,199 733,220 1,178,576 437,724 — 7,475,066 
Total commercial and industrial4,200,393 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
Pass2,823,978 1,463,503 1,905,534 1,019,765 738,036 1,317,634 278,697 — 9,547,147 
Special Mention6,163 — 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 properties2,831,606 1,463,829 1,946,374 1,140,792 800,794 1,385,671 333,710 — 9,902,776 
1-4 family properties
Pass295,082 82,976 51,939 43,025 49,057 57,025 55,588 — 634,692 
Special Mention192 207 641 — — 239 — — 1,279 
Substandard(1)
1,999 — 566 4,222 489 2,177 45 — 9,498 
Total 1-4 family properties297,273 83,183 53,146 47,247 49,546 59,441 55,633 — 645,469 
Land and development
Pass141,614 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 development142,438 44,150 79,814 68,537 37,974 49,223 44,730 — 466,866 
Total commercial real estate3,271,317 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 YearRevolving Loans
(in thousands)20212020201920182017PriorAmortized Cost BasisConverted to Term LoansTotal
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 mortgages1,276,030 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
Pass654,419 708,937 127,131 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 loans655,087 710,487 129,195 51,301 88,067 98,535 306,662 — 2,039,334 
Total consumer1,931,117 2,270,900 707,610 279,965 486,276 1,125,547 1,720,361 152,147 8,673,923 
Loan, 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 years ended December 31, 2022, 2021, and 2020. For the years ended December 31, 2022 and 2021, Synovus had no significant transfers to loans held for sale. For the year ended December 31, 2020, Synovus reversed a net amount of $18.3 million in previously established reserves for credit losses associated with net transfers to held for sale of $1.43 billion in performing loans, primarily related to third-party single-service consumer loans and non-relationship consumer mortgages.
As of and For The Year Ended December 31, 2022
(in thousands)Commercial & IndustrialCommercial Real EstateConsumerTotal
Allowance for loan losses:
Beginning balance$188,364 $97,760 $141,473 $427,597 
Charge-offs(42,588)(3,102)(38,020)(83,710)
Recoveries14,625 1,633 14,296 30,554 
Provision for (reversal of) loan losses1,149 47,284 20,550 68,983 
Ending balance$161,550 $143,575 $138,299 $443,424 
As of and For The Year Ended December 31, 2021
(in thousands)Commercial & IndustrialCommercial Real EstateConsumerTotal
Allowance for loan losses:
Beginning balance$229,555 $130,742 $245,439 $605,736 
Charge-offs(59,457)(15,392)(30,383)(105,232)
Recoveries9,734 7,444 10,266 27,444 
Provision for (reversal of) loan losses8,532 (25,034)(83,849)(100,351)
Ending balance$188,364 $97,760 $141,473 $427,597 
As of and For The Year Ended December 31, 2020
(in thousands)Commercial & IndustrialCommercial Real EstateConsumerTotal
Allowance for loan losses:
Beginning balance, prior to adoption of ASC 326$145,782 $67,430 $68,190 $281,402 
Impact from adoption of ASC 326(2,310)(651)85,955 82,994 
Beginning balance, after adoption of ASC 326143,472 66,779 154,145 364,396 
Charge-offs(76,260)(13,213)(29,789)(119,262)
Recoveries13,544 2,857 8,149 24,550 
Provision for (reversal of) loan losses148,799 74,319 112,934 336,052 
Ending balance$229,555 $130,742 $245,439 $605,736 
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. The following tables present, by concession type, the post-modification balance for loans modified or renewed during the years ended December 31, 2022, 2021, and 2020 that were reported as accruing or non-accruing TDRs.
TDRs by Concession Type
Year Ended December 31, 2022
(in thousands, except contract data)Number of ContractsBelow Market Interest Rate
Other Concessions(1)
Total
Commercial, financial, and agricultural86 $34,518 $1,279 $35,797 
Owner-occupied29 65,956 3,857 69,813 
Total commercial and industrial115 100,474 5,136 105,610 
Investment properties7 5,026 6,610 11,636 
1-4 family properties14 3,850 — 3,850 
Land and development4 3,168 — 3,168 
Total commercial real estate25 12,044 6,610 18,654 
Consumer mortgages10 1,176 266 1,442 
Home equity 41 4,836 39 4,875 
Other consumer loans15 — 605 605 
Total consumer66 6,012 910 6,922 
Loans, net of deferred fees and costs206 $118,530 $12,656 $131,186 (2)
Year Ended December 31, 2021
(in thousands, except contract data)Number of ContractsBelow Market Interest Rate
Other Concessions(1)
Total
Commercial, financial, and agricultural152 $12,746 $8,096 $20,842 
Owner-occupied24 5,908 868 6,776 
Total commercial and industrial176 18,654 8,964 27,618 
Investment properties9 3,130 — 3,130 
1-4 family properties13 1,131 123 1,254 
Land and development8 1,948 60 2,008 
Total commercial real estate30 6,209 183 6,392 
Consumer mortgages18 2,512 1,006 3,518 
Home equity 55 4,991 258 5,249 
Other consumer loans103 435 5,720 6,155 
Total consumer176 7,938 6,984 14,922 
Loans, net of deferred fees and costs382 $32,801 $16,131 $48,932 (3)
TDRs by Concession Type (continued)
Year Ended December 31, 2020
(in thousands, except contract data)Number of ContractsBelow Market Interest Rate
Other Concessions(1)
Total
Commercial, financial, and agricultural152 $10,939 $11,912 $22,851 
Owner-occupied22 4,536 1,530 6,066 
Total commercial and industrial174 15,475 13,442 28,917 
Investment properties9 29,679 1,420 31,099 
1-4 family properties22 1,769 1,105 2,874 
Land and development4 606 — 606 
Total commercial real estate35 32,054 2,525 34,579 
Consumer mortgages23 1,866 2,789 4,655 
Home equity 63 1,970 2,530 4,500 
Other consumer loans57 1,185 2,779 3,964 
Total consumer143 5,021 8,098 13,119 
Loans, net of deferred fees and costs352 $52,550 $24,065 $76,615 (4)
(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 years ended December 31, 2022, 2021, and 2020.
(2)    No charge-offs were recorded during the year ended December 31, 2022 upon restructuring of these loans.
(3)    No charge-offs were recorded during the year ended December 31, 2021 upon restructuring of these loans.
(4)    No charge-offs were recorded during the year ended December 31, 2020 upon restructuring of these loans.