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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020
Changes in the allowance |  |  |  |
Beginning balance | $ 77,781 | $ 67,339 | $ 83,269 | $ 47,971
(Credit) provision for credit losses | (2,635) | 14,873 | (6,899) | 37,213
Subtotal | 74,812 | 81,804 | 76,363 | 85,971
Charge-offs | 1,163 | 2,388 | 4,794 | 8,823
Recoveries | 938 | 1,126 | 3,018 | 3,394
Net charge-offs (recoveries) | 225 | 1,262 | 1,776 | 5,429
Ending balance | 74,587 | 80,542 | 74,587 | 80,542
(Credit) provision for credit losses on loans | (2,969) | 14,465 | (6,906) | 34,434
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance |  | 4,383 |  | 1,272
Provision for off-balance sheet credit exposures | 400 | 221 | 200 | 2,592
Off-balance sheet, credit loss, liability, ending balance | 5,079 | 4,604 | 5,079 | 4,604
Provision (credit) on accrued interest receivable |  | 200 | (200) | 200
Commercial Financial And Agricultural |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 356 | 388 | 304 | 0
Subtotal | 185 | 390 | 185 | 390
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 185 | 390 | 185 | 390
(Credit) provision for credit losses on loans | (171) | 2 | (119) | 390
Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 13,414 | 15,507 | 18,717 | 8,136
Subtotal | 12,920 | 18,127 | 13,565 | 19,020
Charge-offs | 334 | 810 | 1,344 | 2,350
Recoveries | 281 | 321 | 646 | 968
Net charge-offs (recoveries) | 53 | 489 | 698 | 1,382
Ending balance | 12,867 | 17,638 | 12,867 | 17,638
(Credit) provision for credit losses on loans | (494) | 2,620 | (5,152) | 11,511
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 4,693 | 3,274 | 4,277 | 1,792
Subtotal | 4,234 | 4,033 | 4,234 | 3,902
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 131
Net charge-offs (recoveries) | 0 | 0 | 0 | (131)
Ending balance | 4,234 | 4,033 | 4,234 | 4,033
(Credit) provision for credit losses on loans | (459) | 759 | (43) | 1,631
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 16,911 | 15,025 | 16,484 | 13,327
Subtotal | 14,502 | 18,562 | 14,210 | 18,413
Charge-offs | 0 | 11 | 0 | 63
Recoveries | 53 | 13 | 345 | 214
Net charge-offs (recoveries) | (53) | (2) | (345) | (151)
Ending balance | 14,555 | 18,564 | 14,555 | 18,564
(Credit) provision for credit losses on loans | (2,409) | 3,537 | (2,274) | 4,478
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 6,309 | 3,651 | 5,449 | 4,206
Subtotal | 5,715 | 6,168 | 5,706 | 6,137
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 9 | 31
Net charge-offs (recoveries) | 0 | 0 | (9) | (31)
Ending balance | 5,715 | 6,168 | 5,715 | 6,168
(Credit) provision for credit losses on loans | (594) | 2,517 | 257 | 3,545
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 19,534 | 16,148 | 22,163 | 11,113
Subtotal | 19,129 | 19,452 | 19,056 | 19,449
Charge-offs | 0 | 75 | 0 | 75
Recoveries | 0 | 12 | 73 | 15
Net charge-offs (recoveries) | 0 | 63 | (73) | 60
Ending balance | 19,129 | 19,389 | 19,129 | 19,389
(Credit) provision for credit losses on loans | (405) | 3,304 | (3,107) | 5,712
Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 16,564 | 13,346 | 15,875 | 9,397
Subtotal | 18,127 | 15,072 | 19,407 | 18,660
Charge-offs | 829 | 1,492 | 3,450 | 6,335
Recoveries | 604 | 780 | 1,945 | 2,035
Net charge-offs (recoveries) | 225 | 712 | 1,505 | 4,300
Ending balance | 17,902 | 14,360 | 17,902 | 14,360
(Credit) provision for credit losses on loans | 1,563 | $ 1,726 | 3,532 | 7,167
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 |  |  |  | 51,537
Off-Balance Sheet, Credit Loss, Liability [Roll Forward] |  |  |  |
Off-balance sheet, credit loss, liability, beginning balance | 4,744 |  | 4,884 | 2,012
Provision for off-balance sheet credit exposures | $ 335 |  | $ 195 |
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

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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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