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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
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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

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- 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

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