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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
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
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-Section 50
-Paragraph 13
-Publisher FASB
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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
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