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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Changes in the allowance |  |  |  |
Beginning balance | $ 81,553 | $ 59,645 | $ 83,269 | $ 47,971
(Credit) provision for credit losses | (3,443) | 11,213 | (4,264) | 22,340
Subtotal | 78,590 | 70,285 | 79,332 | 71,506
Charge-offs | 1,924 | 3,781 | 3,631 | 6,435
Recoveries | 1,115 | 835 | 2,080 | 2,268
Net charge-offs (recoveries) | 809 | 2,946 | 1,551 | 4,167
Ending balance | 77,781 | 67,339 | 77,781 | 67,339
(Credit) provision for credit losses on loans | (2,963) | 10,640 | (3,937) | 19,969
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance |  | 3,810 |  | 1,272
Provision for off-balance sheet credit exposures | (200) | 573 | (100) | 2,371
Provision (credit) on accrued interest receivable | (200) |  | (300) |
Off-balance sheet, credit loss, liability, ending balance | 4,744 | 4,383 | 4,744 | 4,383
Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 489 | 0 | 304 | 0
Subtotal | 356 | 388 | 356 | 388
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 356 | 388 | 356 | 388
(Credit) provision for credit losses on loans | (133) | 388 | 52 | 388
Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 15,464 | 8,645 | 18,717 | 8,136
Subtotal | 13,539 | 16,305 | 14,059 | 16,400
Charge-offs | 401 | 1,103 | 1,010 | 1,540
Recoveries | 276 | 305 | 365 | 647
Net charge-offs (recoveries) | 125 | 798 | 645 | 893
Ending balance | 13,414 | 15,507 | 13,414 | 15,507
(Credit) provision for credit losses on loans | (1,925) | 7,660 | (4,658) | 8,891
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 5,047 | 3,057 | 4,277 | 1,792
Subtotal | 4,693 | 3,274 | 4,693 | 3,143
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 131
Net charge-offs (recoveries) | 0 | 0 | 0 | (131)
Ending balance | 4,693 | 3,274 | 4,693 | 3,274
(Credit) provision for credit losses on loans | (354) | 217 | 416 | 872
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 15,357 | 13,181 | 16,484 | 13,327
Subtotal | 16,725 | 15,057 | 16,619 | 14,876
Charge-offs | 0 | 52 | 0 | 52
Recoveries | 186 | 20 | 292 | 201
Net charge-offs (recoveries) | (186) | 32 | (292) | (149)
Ending balance | 16,911 | 15,025 | 16,911 | 15,025
(Credit) provision for credit losses on loans | 1,368 | 1,876 | 135 | 941
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 5,251 | 2,309 | 5,449 | 4,206
Subtotal | 6,309 | 3,651 | 6,300 | 3,620
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 9 | 31
Net charge-offs (recoveries) | 0 | 0 | (9) | (31)
Ending balance | 6,309 | 3,651 | 6,309 | 3,651
(Credit) provision for credit losses on loans | 1,058 | 1,342 | 851 | 1,028
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 22,734 | 19,518 | 22,163 | 11,113
Subtotal | 19,469 | 16,147 | 19,461 | 16,145
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 65 | 1 | 73 | 3
Net charge-offs (recoveries) | (65) | (1) | (73) | (3)
Ending balance | 19,534 | 16,148 | 19,534 | 16,148
(Credit) provision for credit losses on loans | (3,265) | (3,371) | (2,702) | 2,408
Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 17,211 | 12,935 | 15,875 | 9,397
Subtotal | 17,499 | 15,463 | 17,844 | 16,934
Charge-offs | 1,523 | 2,626 | 2,621 | 4,843
Recoveries | 588 | 509 | 1,341 | 1,255
Net charge-offs (recoveries) | 935 | 2,117 | 1,280 | 3,588
Ending balance | 16,564 | 13,346 | 16,564 | 13,346
(Credit) provision for credit losses on loans | 288 | 2,528 | 1,969 | 5,441
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 |  | 0 |  | 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 |  |  |  | 51,537
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance | 5,037 | $ 3,810 | 4,884 | 2,012
Provision for off-balance sheet credit exposures | $ (293) |  | $ (140) |
Adjusted balance at beginning of period | Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 0
Adjusted balance at beginning of period | Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 7,509
Adjusted balance at beginning of period | Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 2,271
Adjusted balance at beginning of period | Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 13,935
Adjusted balance at beginning of period | Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 2,592
Adjusted balance at beginning of period | Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | 13,737
Adjusted balance at beginning of period | Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance |  |  |  | $ 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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