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Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Significant Accounting Policies

Summary of Paycheck Protection Program loans

​

​	​	​	​	​	​	​	​	​	​
​	​	CARES		​	Economic Aid		​	PPP Loan
​		Act			Act			Totals
Busey Bank customers with PPP loans processed	​	​	4,569	​	​	2,474	​	​	7,043
PPP loans originated by Busey Bank	​	$	749,429	​	$	296,346	​	$	1,045,775
​	​	​	​	​	​	​	​	​	​
GSB customers with PPP loans acquired	​	​	26	​	​	266	​	​	292
PPP loans acquired from GSB	​	$	15,783	​	$	27,694	​	$	43,477
​	​	​	​	​	​	​	​	​	​
Customers with PPP loans outstanding (1)	​	​	581	​	​	2,523	​	​	3,104
PPP loans outstanding (1)	​	$	93,455	​	$	306,249	​	$	399,704
PPP loans outstanding, amortized cost (1)	​	​	93,099	​	​	297,296	​	​	390,395
​	​	​	​	​	​	​	​	​	​
PPP loan balance forgiveness: (1)	​	​	​	​	​	​	​	​	​
Received	​	$	667,796	​	$	17,788	​	$	685,584
Balances submitted to the SBA for forgiveness	​	​	18,652	​	​	2,239	​	​	20,891

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Tabular disclosure for Paycheck Protection Program loans.

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