XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.24.3

Allowance for Credit and Loan Losses (Tables) | 9 Months Ended
--- | ---
Sep. 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 nine months ended September 30, 2024 and 2023:
|  | Three Months Ended September 30, 2024
|  | Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period |  | $ | 31,941 |  |  | $ | 2,588 |  |  | $ | 736 |  |  | $ | 16,950 |  |  | $ | 52,215 |
Credit loss expense (reversal) |  | 861 |  |  | 78 |  |  | 126 |  |  | (21) |  |  | 1,044 |
Charge–offs |  | (38) |  |  | (2) |  |  | — |  |  | (731) |  |  | (771) |
Recoveries |  | 90 |  |  | 11 |  |  | — |  |  | 292 |  |  | 393 |
Balance, end of period |  | $ | 32,854 |  |  | $ | 2,675 |  |  | $ | 862 |  |  | $ | 16,490 |  |  | $ | 52,881 |
|  | Three Months Ended September 30, 2023
|  | Commercial |  | Real Estate |  | Mortgage Warehouse |  | Consumer |  | Total
Balance, beginning of period |  | $ | 30,354 |  |  | $ | 3,648 |  |  | $ | 893 |  |  | $ | 15,081 |  |  | $ | 49,976 |
Credit loss expense (reversal) |  | (665) |  |  | (893) |  |  | (179) |  |  | 2,257 |  |  | 520 |
Charge–offs |  | (263) |  |  | (15) |  |  | — |  |  | (927) |  |  | (1,205) |
Recoveries |  | 46 |  |  | 54 |  |  | — |  |  | 308 |  |  | 408 |
Balance, end of period |  | $ | 29,472 |  |  | $ | 2,794 |  |  | $ | 714 |  |  | $ | 16,719 |  |  | $ | 49,699 |
| Nine Months Ended September 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) | 2,951 |  |  | 154 |  |  | 381 |  |  | 642 |  |  | 4,128 |
Charge–offs | (149) |  |  | (5) |  |  | — |  |  | (2,295) |  |  | (2,449) |
Recoveries | 316 |  |  | 23 |  |  | — |  |  | 834 |  |  | 1,173 |
Balance, end of period | $ | 32,854 |  |  | $ | 2,675 |  |  | $ | 862 |  |  | $ | 16,490 |  |  | $ | 52,881 |
| Nine Months Ended September 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) | (2,380) |  |  | (2,838) |  |  | (306) |  |  | 6,380 |  |  | 856 |
Charge–offs | (767) |  |  | (19) |  |  | — |  |  | (1,941) |  |  | (2,727) |
Recoveries | 174 |  |  | 74 |  |  | — |  |  | 858 |  |  | 1,106 |
Balance, end of period | $ | 29,472 |  |  | $ | 2,794 |  |  | $ | 714 |  |  | $ | 16,719 |  |  | $ | 49,699 |
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
| September 30, 2024 |  | September 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 |  | 41 |  |  | — |  |  | 41 |  |  | 61 |  |  | (8) |  |  | 53 |
Mortgage Warehouse |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  | 664 |  |  | — |  |  | 664 |  |  | 928 |  |  | (249) |  |  | 679 |
Total |  | $ | 705 |  |  | $ | — |  |  | $ | 705 |  |  | $ | 989 |  |  | $ | (257) |  |  | $ | 732 |
|  | Nine Months Ended
|  | September 30, 2024 |  | September 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 |  |  | (108) |  |  | 53 |
Mortgage Warehouse |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Consumer |  | 551 |  |  | 113 |  |  | 664 |  |  | 242 |  |  | 437 |  |  | 679 |
Total |  | $ | 615 |  |  | $ | 90 |  |  | $ | 705 |  |  | $ | 403 |  |  | $ | 329 |  |  | $ | 732 |
The following table represents the commitments to extend credit and standby letters of credit as of September 30, 2024 and December 31, 2023, respectively:
|  | September 30, 2024 |  | December 31, 2023
Commitments to extend credit |  | 1,025,186 |  |  | 1,118,417 |
Standby letters of credit |  | 24,378 |  |  | 16,493 |
Total |  | $ | 1,049,564 |  |  | 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