XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Allowance for Credit and Loan Losses (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Receivables [Abstract] |
Schedule of Allowance for Loan Losses | The following tables represent, by loan portfolio segment, a summary of changes in the ACL on loans for the three and six months ended June 30, 2024 and 2023:
|  | Three Months Ended June 30, 2024
|  | Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period |  | $ | 30,514 |  |  | $ | 2,655 |  |  | $ | 659 |  |  | $ | 16,559 |  |  | $ | 50,387 |
Credit loss expense (reversal) |  | 1,484 |  |  | (71) |  |  | 77 |  |  | 925 |  |  | 2,415 |
PCD loan charge–offs |  | (3) |  |  | — |  |  | — |  |  | — |  |  | (3) |
Charge–offs |  | (108) |  |  | (1) |  |  | — |  |  | (741) |  |  | (850) |
Recoveries |  | 54 |  |  | 5 |  |  | — |  |  | 207 |  |  | 266 |
Balance, end of period |  | $ | 31,941 |  |  | $ | 2,588 |  |  | $ | 736 |  |  | $ | 16,950 |  |  | $ | 52,215 |
|  | Three Months Ended June 30, 2023
|  | Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period |  | $ | 31,156 |  |  | $ | 4,447 |  |  | $ | 798 |  |  | $ | 13,125 |  |  | $ | 49,526 |
Credit loss expense (reversal) |  | (684) |  |  | (809) |  |  | 95 |  |  | 2,139 |  |  | 741 |
PCD loan charge–offs |  | (17) |  |  | — |  |  | — |  |  | — |  |  | (17) |
Charge–offs |  | (196) |  |  | — |  |  | — |  |  | (472) |  |  | (668) |
Recoveries |  | 95 |  |  | 10 |  |  | — |  |  | 289 |  |  | 394 |
Balance, end of period |  | $ | 30,354 |  |  | $ | 3,648 |  |  | $ | 893 |  |  | $ | 15,081 |  |  | $ | 49,976 |
| Six Months Ended June 30, 2024
| Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period | $ | 29,736 |  |  | $ | 2,503 |  |  | $ | 481 |  |  | $ | 17,309 |  |  | $ | 50,029 |
Credit loss expense (reversal) | 2,090 |  |  | 76 |  |  | 255 |  |  | 663 |  |  | 3,084 |
PCD loan charge–offs | 112 |  |  | — |  |  | — |  |  | — |  |  | 112 |
Charge–offs | (109) |  |  | (2) |  |  | — |  |  | (1,564) |  |  | (1,675) |
Recoveries | 112 |  |  | 11 |  |  | — |  |  | 542 |  |  | 665 |
Balance, end of period | $ | 31,941 |  |  | $ | 2,588 |  |  | $ | 736 |  |  | $ | 16,950 |  |  | $ | 52,215 |
| Six Months Ended June 30, 2023
| Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period | $ | 32,445 |  |  | $ | 5,577 |  |  | $ | 1,020 |  |  | $ | 11,422 |  |  | $ | 50,464 |
Credit loss expense (reversal) | (1,715) |  |  | (1,945) |  |  | (127) |  |  | 4,123 |  |  | 336 |
PCD loan charge–offs | (171) |  |  | — |  |  | — |  |  | — |  |  | (171) |
Charge–offs | (333) |  |  | (4) |  |  | — |  |  | (1,014) |  |  | (1,351) |
Recoveries | 128 |  |  | 20 |  |  | — |  |  | 550 |  |  | 698 |
Balance, end of period | $ | 30,354 |  |  | $ | 3,648 |  |  | $ | 893 |  |  | $ | 15,081 |  |  | $ | 49,976 |
Financial Instruments with Off-Balance Sheet Risk | The following tables represent, by loan portfolio segment, a summary of changes in the activity in the liability for commitments to extend credit and standby letters of credit (please see note 14):
| Three Months Ended
| June 30, 2024 |  | June 30, 2023
|  | Balance, beginning of period |  | Credit loss expense (reversal) |  | Ending balance |  | Balance, beginning of period |  | Credit loss expense (reversal) |  | Ending balance
Commercial |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Real Estate |  | 46 |  |  | (5) |  |  | 41 |  |  | 83 |  |  | (22) |  |  | 61 |
Mortgage Warehouse |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  | 704 |  |  | (40) |  |  | 664 |  |  | 966 |  |  | (38) |  |  | 928 |
Total |  | $ | 750 |  |  | $ | (45) |  |  | $ | 705 |  |  | $ | 1,049 |  |  | $ | (60) |  |  | $ | 989 |
|  | Six Months Ended
|  | June 30, 2024 |  | June 30, 2023
|  | Balance, beginning of period |  | Credit loss expense (reversal) |  | Ending balance |  | Balance, beginning of period |  | Credit loss expense (reversal) |  | Ending balance
Commercial |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Real Estate |  | 64 |  |  | (23) |  |  | 41 |  |  | 161 |  |  | (100) |  |  | 61 |
Mortgage Warehouse |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  | 551 |  |  | 113 |  |  | 664 |  |  | 242 |  |  | 686 |  |  | 928 |
Total |  | $ | 615 |  |  | $ | 90 |  |  | $ | 705 |  |  | $ | 403 |  |  | $ | 586 |  |  | $ | 989 |
The following table represents the commitments to extend credit and standby letters of credit as of June 30, 2024 and December 31, 2023, respectively:
|  | June 30, 2024 |  | December 31, 2023
Commitments to extend credit |  | $ | 1,103,746 |  |  | $ | 1,118,417 |
Standby letters of credit |  | 18,969 |  |  | 16,493 |
Total |  | $ | 1,122,715 |  |  | $ | 1,134,910 |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-10 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration