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OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES (Tables) | 3 Months Ended
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Mar. 31, 2024
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
| March 31, 2024 |  | December 31, 2023
Financial instruments whose contract amounts represent credit risk |  |  |
Commitments to extend credit | $ | 2,118,621 |  |  | $ | 2,132,500 |
Standby letters of credit | 46,967 |  |  | 43,996 |
Total commitments | $ | 2,165,588 |  |  | $ | 2,176,496 |

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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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