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Allowance For Credit Losses (Tables) | 3 Months Ended
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Mar. 31, 2024
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract] |
Activity In The Allowance For Loan Losses | The activity in the ACL for the three-month periods ended March 31, 2024 and March 31, 2023 is summarized in the following tables:
| Three Months Ended March 31, 2024
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 15,496 |  |  | $ | 16,374 |  |  | $ | 5,227 |  |  | $ | 18,818 |  |  | $ | 27,713 |  |  | $ | 117 |  |  | $ | 83,745 |
Charge-offs | 220 |  |  | — |  |  | — |  |  | 1 |  |  | 3,019 |  |  | — |  |  | 3,240 |
Recoveries | 171 |  |  | 22 |  |  | 914 |  |  | 82 |  |  | 1,210 |  |  | — |  |  | 2,399 |
Net charge-offs/(recoveries) | $ | 49 |  |  | $ | (22) |  |  | $ | (914) |  |  | $ | (81) |  |  | $ | 1,809 |  |  | $ | — |  |  | $ | 841 |
(Recovery of) provision for credit losses | (476) |  |  | 785 |  |  | (399) |  |  | 734 |  |  | 1,490 |  |  | 46 |  |  | 2,180 |
Ending balance | $ | 14,971 |  |  | $ | 17,181 |  |  | $ | 5,742 |  |  | $ | 19,633 |  |  | $ | 27,394 |  |  | $ | 163 |  |  | $ | 85,084 |
| Three Months Ended March 31, 2023
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 16,987 |  |  | $ | 17,829 |  |  | $ | 5,550 |  |  | $ | 16,831 |  |  | $ | 28,021 |  |  | $ | 161 |  |  | $ | 85,379 |
Impact of Adoption of ASU 2022-02 | 222 |  |  | 181 |  |  | — |  |  | (20) |  |  | — |  |  | — |  |  | 383 |
Charge-offs | 349 |  |  | — |  |  | — |  |  | 29 |  |  | 1,857 |  |  | — |  |  | 2,235 |
Recoveries | 46 |  |  | 232 |  |  | 496 |  |  | 357 |  |  | 1,105 |  |  | — |  |  | 2,236 |
Net charge-offs/(recoveries) | $ | 303 |  |  | $ | (232) |  |  | $ | (496) |  |  | $ | (328) |  |  | $ | 752 |  |  | $ | — |  |  | $ | (1) |
(Recovery of) provision for credit losses | (334) |  |  | (296) |  |  | (684) |  |  | 750 |  |  | 784 |  |  | (37) |  |  | 183 |
Ending balance | $ | 16,572 |  |  | $ | 17,946 |  |  | $ | 5,362 |  |  | $ | 17,889 |  |  | $ | 28,053 |  |  | $ | 124 |  |  | $ | 85,946 |
Composition Of The Allowance For Loan Losses | The composition of the ACL at March 31, 2024 and at December 31, 2023 was as follows:
| March 31, 2024
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 4,997 |  | $ | 35 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 5,032
Collectively evaluated for impairment | 9,974 |  | 17,146 |  | 5,742 |  | 19,633 |  | 27,394 |  | 163 |  | 80,052
Accruing loans acquired with deteriorated credit quality | — |  | — |  | — |  | — |  | — |  | — |  | —
Total ending allowance balance | $ | 14,971 |  | $ | 17,181 |  | $ | 5,742 |  | $ | 19,633 |  | $ | 27,394 |  | $ | 163 |  | $ | 85,084
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | $ | 26,937 |  | $ | 21,968 |  | $ | 1,949 |  | $ | 3,833 |  | $ | — |  | $ | 55 |  | $ | 54,742
Loans collectively evaluated for impairment | 1,249,518 |  | 1,877,488 |  | 339,275 |  | 2,047,219 |  | 1,925,767 |  | 28,542 |  | 7,467,809
Accruing loans acquired with deteriorated credit quality | 15 |  | 1,512 |  | 615 |  | 312 |  | — |  | — |  | 2,454
Total ending loan balance | $ | 1,276,470 |  | $ | 1,900,968 |  | $ | 341,839 |  | $ | 2,051,364 |  | $ | 1,925,767 |  | $ | 28,597 |  | $ | 7,525,005
ACL as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | 18.55 | % |  | 0.16 | % |  | — | % |  | — | % |  | — | % |  | — | % |  | 9.19 | %
Loans collectively evaluated for impairment | 0.80 | % |  | 0.91 | % |  | 1.69 | % |  | 0.96 | % |  | 1.42 | % |  | 0.57 | % |  | 1.07 | %
Accruing loans acquired with deteriorated credit quality | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total | 1.17 | % |  | 0.90 | % |  | 1.68 | % |  | 0.96 | % |  | 1.42 | % |  | 0.57 | % |  | 1.13 | %
|  | December 31, 2023
(In thousands) |  | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 4,980 |  | $ | 3 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 4,983
Collectively evaluated for impairment |  | 10,516 |  | 16,371 |  | 5,227 |  | 18,818 |  | 27,713 |  | 117 |  | 78,762
Accruing loans acquired with deteriorated credit quality |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Total ending allowance balance |  | $ | 15,496 |  | $ | 16,374 |  | $ | 5,227 |  | $ | 18,818 |  | $ | 27,713 |  | $ | 117 |  | $ | 83,745
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 21,228 |  | $ | 20,740 |  | $ | 504 |  | $ | 2,670 |  | $ | — |  | $ | 73 |  | $ | 45,215
Loans collectively evaluated for impairment |  | 1,274,390 |  | 1,853,383 |  | 303,969 |  | 2,026,537 |  | 1,945,936 |  | 23,956 |  | 7,428,171
Accruing loans acquired with deteriorated credit quality |  | 22 |  | 1,870 |  | 626 |  | 317 |  | — |  | — |  | 2,835
Total ending loan balance |  | $ | 1,295,640 |  | $ | 1,875,993 |  | $ | 305,099 |  | $ | 2,029,524 |  | $ | 1,945,936 |  | $ | 24,029 |  | $ | 7,476,221
ACL as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | 23.46 | % |  | 0.01 | % |  | — | % |  | — | % |  | — | % |  | — | % |  | 11.02 | %
Loans collectively evaluated for impairment |  | 0.83 | % |  | 0.88 | % |  | 1.72 | % |  | 0.93 | % |  | 1.42 | % |  | 0.49 | % |  | 1.06 | %
Accruing loans acquired with deteriorated credit quality |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total |  | 1.20 | % |  | 0.87 | % |  | 1.71 | % |  | 0.93 | % |  | 1.42 | % |  | 0.49 | % |  | 1.12 | %

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