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Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2021
Significant Accounting Policies |
Summary of Paycheck Protection Program loans | The following table summarizes First Busey’s PPP loans as of September 30, 2021, (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | CARES | ​ | Economic Aid | ​ | PPP Loan
​ |  | Act |  | Act |  | Totals
Customers with PPP loans processed/acquired | ​ | ​ | 4,595 | ​ | ​ | 2,753 | ​ | ​ | 7,348
PPP loans originated/acquired | ​ | $ | 765,212 | ​ | $ | 324,593 | ​ | $ | 1,089,805
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customers with PPP loans outstanding | ​ | ​ | 121 | ​ | ​ | 1,499 | ​ | ​ | 1,620
PPP loans outstanding | ​ | $ | 17,364 | ​ | $ | 165,746 | ​ | $ | 183,110
PPP loans outstanding, amortized cost | ​ | ​ | 17,325 | ​ | ​ | 160,906 | ​ | ​ | 178,231
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
PPP loan balance forgiveness: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Received | ​ | $ | 744,320 | ​ | $ | 151,135 | ​ | $ | 895,455
Balances submitted to the SBA for forgiveness | ​ | ​ | 10,796 | ​ | ​ | 10,217 | ​ | ​ | 21,013

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