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v3.21.2

Loans and Allowance - Changes in Allowance for Loan Losses by Loan Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance | $ 201,082 |  | $ 99,454 | $ 130,648 | [1] | $ 80,284
Provision for credit losses - loans | 0 |  | 21,895 | 0 |  | 41,647
Recoveries on loans | 412 |  | 317 | 1,106 |  | 990
Loans charged off | (1,719) |  | (547) | (6,034) |  | (1,802)
Ending balance | 199,775 | [1] | 121,119 | 199,775 | [1] | 121,119
Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 74,055 |  |
Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 204,703 |  |
Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 130,648 |  |
Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Commercial |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance | 65,722 |  | 38,431 | 47,115 |  | 32,902
Provision for credit losses - loans | (1,898) |  | 6,240 | (2,830) |  | 11,941
Recoveries on loans | 152 |  | 106 | 340 |  | 549
Loans charged off | (295) |  | (99) | (968) |  | (714)
Ending balance | 63,681 |  | 44,678 | 63,681 |  | 44,678
Commercial | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 20,024 |  |
Commercial | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 67,139 |  |
Commercial | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 47,115 |  |
Commercial | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Commercial Real Estate |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance | 70,861 |  | 37,907 | 40,786 |  | 28,778
Provision for credit losses - loans | 2,842 |  | 8,945 | 1,141 |  | 18,139
Recoveries on loans | 33 |  | 107 | 197 |  | 225
Loans charged off | (1,035) |  | (41) | (4,348) |  | (224)
Ending balance | 72,701 |  | 46,918 | 72,701 |  | 46,918
Commercial Real Estate | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 34,925 |  |
Commercial Real Estate | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 75,711 |  |
Commercial Real Estate | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 51,070 |  |
Commercial Real Estate | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | (10,284) |  |
Construction |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance | 20,182 |  |  | 10,284 |  |
Provision for credit losses - loans | (3,106) |  |  | (2,011) |  |
Recoveries on loans | 1 |  |  | 1 |  |
Loans charged off | 0 |  |  | (2) |  |
Ending balance | 17,077 |  |  | 17,077 |  |
Construction | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 8,805 |  |
Construction | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 19,089 |  |
Construction | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Construction | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 10,284 |  |
Consumer |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  | 5,752 | 0 |  | 4,035
Provision for credit losses - loans |  |  | 2,783 | 0 |  | 4,707
Recoveries on loans |  |  | 56 | 0 |  | 98
Loans charged off |  |  | (146) | 0 |  | (395)
Ending balance | 0 |  | 8,445 | 0 |  | 8,445
Consumer | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Consumer | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Consumer | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 9,648 |  |
Consumer | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | (9,648) |  |
Residential |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  | 17,364 | 0 |  | 14,569
Provision for credit losses - loans |  |  | 3,927 | 0 |  | 6,860
Recoveries on loans |  |  | 48 | 0 |  | 118
Loans charged off |  |  | (261) | 0 |  | (469)
Ending balance | 0 |  | $ 21,078 | 0 |  | $ 21,078
Residential | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Residential | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Residential | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 22,815 |  |
Residential | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | (22,815) |  |
Consumer & Residential |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance | 44,317 |  |  | 32,463 |  |
Provision for credit losses - loans | 2,162 |  |  | 3,700 |  |
Recoveries on loans | 226 |  |  | 568 |  |
Loans charged off | (389) |  |  | (716) |  |
Ending balance | $ 46,316 |  |  | 46,316 |  |
Consumer & Residential | Impact of adopting ASC 326 |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 10,301 |  |
Consumer & Residential | Adjusted balance |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 42,764 |  |
Consumer & Residential | Previously reported |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | 0 |  |
Consumer & Residential | Credit risk reclassifications |  |  |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |  |  |
Beginning balance |  |  |  | $ 32,463 |  |
[1] | Beginning January 1, 2021, the amount is based on the current expected credit loss methodology. Prior to January 1, 2021, the amount is based on the incurred loss methodology. See additional details in NOTE 1. GENERAL of these Notes to Consolidated Condensed Financial Statement.

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