XML 50 R27.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Loans Held For Sale (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Receivables [Abstract] |
Schedule of Loans Held for Sale | Loans held for sale, at the lower of cost or fair value, consist of the following as of the dates indicated:
| June 30, 2024 |  | December 31, 2023
SBA | $ | 20,259 |  |  | $ | 30,650 |
HELOCs | 204,717 |  |  | 167,783 |
Total loans held for sale, at the lower of cost or fair value | $ | 224,976 |  |  | $ | 198,433 |
Loans consist of the following at the dates indicated(1):
| June 30, 2024 |  | December 31, 2023
Commercial real estate loans |  |  |
Construction and land development | $ | 316,050 |  |  | $ | 305,269 |
Commercial real estate – owner occupied | 545,631 |  |  | 536,545 |
Commercial real estate – non-owner occupied | 892,653 |  |  | 875,694 |
Multifamily | 92,292 |  |  | 88,623 |
Total commercial real estate loans | 1,846,626 |  |  | 1,806,131 |
Commercial loans |  |  |
Commercial and industrial | 266,136 |  |  | 237,255 |
Equipment finance | 461,010 |  |  | 465,573 |
Municipal leases | 152,509 |  |  | 150,292 |
Total commercial loans | 879,655 |  |  | 853,120 |
Residential real estate loans |  |  |
Construction and land development | 70,679 |  |  | 96,646 |
One-to-four family | 621,196 |  |  | 584,405 |
HELOCs | 188,465 |  |  | 185,878 |
Total residential real estate loans | 880,340 |  |  | 866,929 |
Consumer loans | 94,833 |  |  | 113,842 |
Total loans, net of deferred loan fees and costs | 3,701,454 |  |  | 3,640,022 |
ACL on loans | (49,223) |  |  | (48,641) |
Loans, net | $ | 3,652,231 |  |  | $ | 3,591,381 |
(1) At June 30, 2024 and December 31, 2023 accrued interest receivable of $17,680 and $16,218, respectively, was accounted for separately from the amortized cost basis. The following tables provide a breakdown between loans identified as CDAs and non-CDAs, by segment and class, as well as collateral coverage for those loans for the periods indicated below:
| Type and Extent of Collateral Securing CDAs |  | Non-CDAs |  |
June 30, 2024 | Residential Property |  | Investment Property |  | Commercial Property |  | Business Assets |  |  |  |  | Total
Commercial real estate |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 316,050 |  |  | $ | 316,050 |
Commercial real estate – owner occupied | — |  |  | — |  |  | 1,788 |  |  | — |  |  |  |  | 543,843 |  |  | 545,631 |
Commercial real estate – non-owner occupied | — |  |  | — |  |  | 4,308 |  |  | — |  |  |  |  | 888,345 |  |  | 892,653 |
Multifamily | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 92,292 |  |  | 92,292 |
Total commercial real estate | — |  |  | — |  |  | 6,096 |  |  | — |  |  |  |  | 1,840,530 |  |  | 1,846,626 |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial | — |  |  | — |  |  | — |  |  | 2,465 |  |  |  |  | 263,671 |  |  | 266,136 |
Equipment finance | — |  |  | — |  |  | — |  |  | 4,832 |  |  |  |  | 456,178 |  |  | 461,010 |
Municipal leases | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 152,509 |  |  | 152,509 |
Total commercial | — |  |  | — |  |  | — |  |  | 7,297 |  |  |  |  | 872,358 |  |  | 879,655 |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 70,679 |  |  | 70,679 |
One-to-four family | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 621,196 |  |  | 621,196 |
HELOCs | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 188,465 |  |  | 188,465 |
Total residential real estate | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 880,340 |  |  | 880,340 |
Consumer | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 94,833 |  |  | 94,833 |
Total | $ | — |  |  | $ | — |  |  | $ | 6,096 |  |  | $ | 7,297 |  |  |  |  | $ | 3,688,061 |  |  | $ | 3,701,454 |
Total collateral value | $ | — |  |  | $ | — |  |  | $ | 4,654 |  |  | $ | 5,470 |  |  |  |  |  |  |
| Type and Extent of Collateral Securing CDAs |  | Non-CDAs |  |
December 31, 2023 | Residential Property |  | Investment Property |  | Commercial Property |  | Business Assets |  |  |  |  | Total
Commercial real estate |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | 305,269 |  |  | $ | 305,269 |
Commercial real estate – owner occupied | — |  |  | — |  |  | 1,821 |  |  | — |  |  |  |  | 534,724 |  |  | 536,545 |
Commercial real estate – non-owner occupied | — |  |  | — |  |  | 4,310 |  |  | — |  |  |  |  | 871,384 |  |  | 875,694 |
Multifamily | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 88,623 |  |  | 88,623 |
Total commercial real estate | — |  |  | — |  |  | 6,131 |  |  | — |  |  |  |  | 1,800,000 |  |  | 1,806,131 |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial and industrial | — |  |  | — |  |  | — |  |  | 1,322 |  |  |  |  | 235,933 |  |  | 237,255 |
Equipment finance | — |  |  | — |  |  | — |  |  | 1,304 |  |  |  |  | 464,269 |  |  | 465,573 |
Municipal leases | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 150,292 |  |  | 150,292 |
Total commercial | — |  |  | — |  |  | — |  |  | 2,626 |  |  |  |  | 850,494 |  |  | 853,120 |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 96,646 |  |  | 96,646 |
One-to-four family | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 584,405 |  |  | 584,405 |
HELOCs | 510 |  |  | — |  |  | — |  |  | — |  |  |  |  | 185,368 |  |  | 185,878 |
Total residential real estate | 510 |  |  | — |  |  | — |  |  | — |  |  |  |  | 866,419 |  |  | 866,929 |
Consumer | — |  |  | — |  |  | — |  |  | — |  |  |  |  | 113,842 |  |  | 113,842 |
Total | $ | 510 |  |  | $ | — |  |  | $ | 6,131 |  |  | $ | 2,626 |  |  |  |  | $ | 3,630,755 |  |  | $ | 3,640,022 |
Total collateral value | $ | 733 |  |  | $ | — |  |  | $ | 5,627 |  |  | $ | 686 |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration