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Outstanding Commitments and Contingent Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Outstanding Commitments and Contingent Liabilities

Schedule of contractual amount of exposure to off-balance-sheet risk

A summary of the contractual amount of the Company’s exposure to off-balance-sheet risk relating to the Company’s commitments to extend credit and standby letters of credit follows (dollars in thousands):

​

​	​	​	​	​	​	​
​	​	As of December 31,
​		2020			2019
Financial instruments whose contract amounts represent credit risk:	​	​	​	​	​	​
Commitments to extend credit	​	$	1,754,370	​	$	1,649,565
Standby letters of credit	​		38,937	​		42,581

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Tabular disclosure of contractual amount of exposure to off-balance-sheet risk, wherein exposure to credit loss is represented by the contractual amount of those commitments.

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