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v3.23.3

Outstanding Commitments and Contingent Liabilities (Tables) | 9 Months Ended
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Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract] |
Schedule of contractual amount of exposure to off-balance-sheet risk | A summary of the contractual amount of Busey’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
| September 30, 2023 |  | December 31, 2022
Financial instruments whose contract amounts represent credit risk |  |  |
Commitments to extend credit | $ | 2,130,938 |  |  | $ | 1,991,769 |
Standby letters of credit | 36,847 |  |  | 33,008 |
Total commitments | $ | 2,167,785 |  |  | $ | 2,024,777 |

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- Definition 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. + References No definition available. + Details
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- References No definition available. + Details
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