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v3.20.2

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019
Changes in the allowance |  |  |  |
Beginning balance | $ 59,645 | $ 47,267 | $ 47,971 | $ 47,916
Provision for credit losses | 10,640 | 1,404 | 19,969 | 2,687
Subtotal | 70,285 | 48,671 | 71,506 | 50,603
Charge-offs | 3,781 | 2,298 | 6,435 | 5,012
Recoveries | 835 | 1,894 | 2,268 | 2,676
Net charge-offs (recoveries) | 2,946 | 404 | 4,167 | 2,336
Ending balance | 67,339 | 48,267 | 67,339 | 48,267
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance |  | 1,409 | 1,272 | 1,242
Provision for off-balance sheet credit exposures | 573 | 488 |  | 655
Off-balance sheet, credit loss, liability, ending balance | 4,383 | 1,897 | 4,383 | 1,897
Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 | 0 | 0 | 0
Provision for credit losses | 388 | 0 | 388 | 0
Subtotal | 388 | 0 | 388 | 0
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 388 | 0 | 388 | 0
Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 8,645 | 7,847 | 8,136 | 8,027
Provision for credit losses | 7,660 | 786 | 8,891 | 836
Subtotal | 16,305 | 8,633 | 16,400 | 8,863
Charge-offs | 1,103 | 839 | 1,540 | 1,302
Recoveries | 305 | 315 | 647 | 548
Net charge-offs (recoveries) | 798 | 524 | 893 | 754
Ending balance | 15,507 | 8,109 | 15,507 | 8,109
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,057 | 1,299 | 1,792 | 1,202
Provision for credit losses | 217 | (578) | 872 | (487)
Subtotal | 3,274 | 721 | 3,143 | 715
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 592 | 131 | 598
Net charge-offs (recoveries) | 0 | (592) | (131) | (598)
Ending balance | 3,274 | 1,313 | 3,274 | 1,313
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 13,181 | 12,851 | 13,327 | 14,349
Provision for credit losses | 1,876 | 144 | 941 | (1,376)
Subtotal | 15,057 | 12,995 | 14,876 | 12,973
Charge-offs | 52 | 0 | 52 | 0
Recoveries | 20 | 372 | 201 | 394
Net charge-offs (recoveries) | 32 | (372) | (149) | (394)
Ending balance | 15,025 | 13,367 | 15,025 | 13,367
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 2,309 | 4,278 | 4,206 | 3,788
Provision for credit losses | 1,342 | 26 | 1,028 | 507
Subtotal | 3,651 | 4,304 | 3,620 | 4,295
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 9 | 31 | 18
Net charge-offs (recoveries) | 0 | (9) | (31) | (18)
Ending balance | 3,651 | 4,313 | 3,651 | 4,313
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 19,518 | 12,036 | 11,113 | 13,358
Provision for credit losses | (3,371) | (393) | 2,408 | (1,715)
Subtotal | 16,147 | 11,643 | 16,145 | 11,643
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 1 | 25 | 3 | 25
Net charge-offs (recoveries) | (1) | (25) | (3) | (25)
Ending balance | 16,148 | 11,668 | 16,148 | 11,668
Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 12,935 | 8,956 | 9,397 | 7,192
Provision for credit losses | 2,528 | 1,419 | 5,441 | 4,922
Subtotal | 15,463 | 10,375 | 16,934 | 12,114
Charge-offs | 2,626 | 1,459 | 4,843 | 3,710
Recoveries | 509 | 581 | 1,255 | 1,093
Net charge-offs (recoveries) | 2,117 | 878 | 3,588 | 2,617
Ending balance | 13,346 | $ 9,497 | 13,346 | $ 9,497
Impact of the adoption of new accounting standards |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 3,566 |
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance |  |  | 740 |
Impact of the adoption of new accounting standards | Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 0 |
Impact of the adoption of new accounting standards | Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | (627) |
Impact of the adoption of new accounting standards | Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 479 |
Impact of the adoption of new accounting standards | Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 608 |
Impact of the adoption of new accounting standards | Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | (1,614) |
Impact of the adoption of new accounting standards | Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 2,624 |
Impact of the adoption of new accounting standards | Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 2,096 |
Adjusted balance at beginning of period |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 59,645 |  | 51,537 |
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance | 3,810 |  | 2,012 |
Provision for off-balance sheet credit exposures |  |  | 2,371 |
Adjusted balance at beginning of period | Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 0 |  | 0 |
Adjusted balance at beginning of period | Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 8,645 |  | 7,509 |
Adjusted balance at beginning of period | Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,057 |  | 2,271 |
Adjusted balance at beginning of period | Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 13,181 |  | 13,935 |
Adjusted balance at beginning of period | Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 2,309 |  | 2,592 |
Adjusted balance at beginning of period | Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 19,518 |  | 13,737 |
Adjusted balance at beginning of period | Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | $ 12,935 |  | $ 11,493 |

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- Definition Reflects the amount of loans and leases that have been removed or charged-off from both loan receivables and the reserve for credit losses, net of any recoveries of previously removed or charged-off credit losses. + References No definition available. + Details
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- Definition Represents the balance in the allowance for loans and leases receivable after providing for estimated losses but before reflecting the write-off or recovery of bad debts. + References No definition available. + Details
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