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ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Changes in the allowance |  |  |  |
Beginning balance | $ 63,532 | $ 63,099 | $ 63,934 | $ 63,738
Provision (credit) for credit losses on loans | 2,448 | 4,135 | 6,569 | 5,750
Subtotal | 65,980 | 67,234 | 70,503 | 69,488
Charge-offs | (5,148) | (4,235) | (10,668) | (7,700)
Recoveries | 1,393 | 850 | 2,390 | 2,061
Net (charge-offs) recoveries | (3,755) | (3,385) | (8,278) | (5,639)
Ending balance | 62,225 | 63,849 | 62,225 | 63,849
Commercial and Industrial |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 7,008 | 7,131 | 7,181 | 6,824
Provision (credit) for credit losses on loans | 452 | 52 | 871 | 888
Subtotal | 7,460 | 7,183 | 8,052 | 7,712
Charge-offs | (519) | (362) | (1,201) | (1,141)
Recoveries | 130 | 125 | 220 | 375
Net (charge-offs) recoveries | (389) | (237) | (981) | (766)
Ending balance | 7,071 | 6,946 | 7,071 | 6,946
Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 16,142 | 19,559 | 17,079 | 20,227
Provision (credit) for credit losses on loans | 1,750 | 3,297 | 4,758 | 4,407
Subtotal | 17,892 | 22,856 | 21,837 | 24,634
Charge-offs | (4,345) | (3,873) | (9,183) | (6,559)
Recoveries | 1,254 | 703 | 2,147 | 1,611
Net (charge-offs) recoveries | (3,091) | (3,170) | (7,036) | (4,948)
Ending balance | 14,801 | 19,686 | 14,801 | 19,686
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,619 | 3,087 | 4,004 | 2,867
Provision (credit) for credit losses on loans | 179 | 567 | (206) | 787
Subtotal | 3,798 | 3,654 | 3,798 | 3,654
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net (charge-offs) recoveries | 0 | 0 | 0 | 0
Ending balance | 3,798 | 3,654 | 3,798 | 3,654
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 16,026 | 11,813 | 14,626 | 11,804
Provision (credit) for credit losses on loans | (362) | 413 | 1,030 | 369
Subtotal | 15,664 | 12,226 | 15,656 | 12,173
Charge-offs | (284) | 0 | (284) | 0
Recoveries | 9 | 7 | 17 | 60
Net (charge-offs) recoveries | (275) | 7 | (267) | 60
Ending balance | 15,389 | 12,233 | 15,389 | 12,233
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,733 | 4,037 | 3,501 | 4,114
Provision (credit) for credit losses on loans | 96 | (87) | 322 | (164)
Subtotal | 3,829 | 3,950 | 3,823 | 3,950
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 15 | 6 | 15
Net (charge-offs) recoveries | 0 | 15 | 6 | 15
Ending balance | 3,829 | 3,965 | 3,829 | 3,965
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 17,004 | 17,472 | 17,543 | 17,902
Provision (credit) for credit losses on loans | 333 | (107) | (206) | (537)
Subtotal | 17,337 | 17,365 | 17,337 | 17,365
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net (charge-offs) recoveries | 0 | 0 | 0 | 0
Ending balance | $ 17,337 | $ 17,365 | $ 17,337 | $ 17,365

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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- Definition Provision (Credit) For Loan And Lease Losses, Excluding Provision For Credit Losses On Accrued Interest Receivable + References No definition available. + Details
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- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(4) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(3) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b)(1)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481696/310-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(1) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (g) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.L.1) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480418/310-10-S99-4 + Details
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