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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 | 9 Months Ended
--- | --- | ---
Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019
Changes in the allowance |  |  |  |
Beginning balance |  | $ 48,267 | $ 47,971 | $ 47,916
Provision for credit losses | $ 14,652 | 1,532 | 34,621 | 4,219
Provision for credit losses on loans [1] | 14,465 |  | 34,434 |
Subtotal | 81,804 | 49,799 | 85,971 | 52,135
Charge-offs | 2,388 | 2,634 | 8,823 | 7,646
Recoveries | 1,126 | 1,002 | 3,394 | 3,678
Net charge-offs (recoveries) | 1,262 | 1,632 | 5,429 | 3,968
Ending balance | 80,542 | 48,167 | 80,542 | 48,167
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance |  | 1,897 | 1,272 | 1,242
Provision for off-balance sheet credit exposures | 221 | (466) |  | 189
Off-balance sheet, credit loss, liability, ending balance | 4,604 | 1,431 | 4,604 | 1,431
Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 0 | 0 | 0
Provision for credit losses |  | 0 |  | 0
Provision for credit losses on loans [1] | 2 |  | 390 |
Subtotal | 390 | 0 | 390 | 0
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 390 | 0 | 390 | 0
Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 8,109 | 8,136 | 8,027
Provision for credit losses |  | 107 |  | 943
Provision for credit losses on loans [1] | 2,620 |  | 11,511 |
Subtotal | 18,127 | 8,216 | 19,020 | 8,970
Charge-offs | 810 | 797 | 2,350 | 2,099
Recoveries | 321 | 362 | 968 | 910
Net charge-offs (recoveries) | 489 | 435 | 1,382 | 1,189
Ending balance | 17,638 | 7,781 | 17,638 | 7,781
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 1,313 | 1,792 | 1,202
Provision for credit losses |  | 374 |  | (113)
Provision for credit losses on loans [1] | 759 |  | 1,631 |
Subtotal | 4,033 | 1,687 | 3,902 | 1,089
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 6 | 131 | 604
Net charge-offs (recoveries) | 0 | (6) | (131) | (604)
Ending balance | 4,033 | 1,693 | 4,033 | 1,693
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 13,367 | 13,327 | 14,349
Provision for credit losses |  | 75 |  | (1,301)
Provision for credit losses on loans [1] | 3,537 |  | 4,478 |
Subtotal | 18,562 | 13,442 | 18,413 | 13,048
Charge-offs | 11 | 0 | 63 | 0
Recoveries | 13 | 104 | 214 | 498
Net charge-offs (recoveries) | (2) | (104) | (151) | (498)
Ending balance | 18,564 | 13,546 | 18,564 | 13,546
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 4,313 | 4,206 | 3,788
Provision for credit losses |  | (45) |  | 462
Provision for credit losses on loans [1] | 2,517 |  | 3,545 |
Subtotal | 6,168 | 4,268 | 6,137 | 4,250
Charge-offs | 0 | 5 | 0 | 5
Recoveries | 0 | 24 | 31 | 42
Net charge-offs (recoveries) | 0 | (19) | (31) | (37)
Ending balance | 6,168 | 4,287 | 6,168 | 4,287
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 11,668 | 11,113 | 13,358
Provision for credit losses |  | 541 |  | (1,174)
Provision for credit losses on loans [1] | 3,304 |  | 5,712 |
Subtotal | 19,452 | 12,209 | 19,449 | 12,184
Charge-offs | 75 | 0 | 75 | 0
Recoveries | 12 | 0 | 15 | 25
Net charge-offs (recoveries) | 63 | 0 | 60 | (25)
Ending balance | 19,389 | 12,209 | 19,389 | 12,209
Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  | 9,497 | 9,397 | 7,192
Provision for credit losses |  | 480 |  | 5,402
Provision for credit losses on loans [1] | 1,726 |  | 7,167 |
Subtotal | 15,072 | 9,977 | 18,660 | 12,594
Charge-offs | 1,492 | 1,832 | 6,335 | 5,542
Recoveries | 780 | 506 | 2,035 | 1,599
Net charge-offs (recoveries) | 712 | 1,326 | 4,300 | 3,943
Ending balance | 14,360 | $ 8,651 | 14,360 | $ 8,651
Impact of the adoption of new accounting standards |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | 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 |
Impact of the adoption of new accounting standards | Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | (627) |
Impact of the adoption of new accounting standards | Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | 479 |
Impact of the adoption of new accounting standards | Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | 608 |
Impact of the adoption of new accounting standards | Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | (1,614) |
Impact of the adoption of new accounting standards | Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | 2,624 |
Impact of the adoption of new accounting standards | Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  | 2,096 |
Adjusted balance at beginning of period |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 67,339 |  | 51,537 |
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance | 4,383 |  | 2,012 |
Provision for off-balance sheet credit exposures |  |  | 2,592 |
Adjusted balance at beginning of period | Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 388 |  | 0 |
Adjusted balance at beginning of period | Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 15,507 |  | 7,509 |
Adjusted balance at beginning of period | Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,274 |  | 2,271 |
Adjusted balance at beginning of period | Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 15,025 |  | 13,935 |
Adjusted balance at beginning of period | Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,651 |  | 2,592 |
Adjusted balance at beginning of period | Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 16,148 |  | 13,737 |
Adjusted balance at beginning of period | Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | $ 13,346 |  | $ 11,493 |

X
- 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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