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v3.23.2

Loans and Allowance for Credit Losses - Allowance (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Changes in the allowance for loan losses |  |  |  |
Beginning balance | $ 35,513 | $ 18,194 | $ 23,837 | $ 17,603
Provision (release of allowance) for credit losses | (3,987) | 5,714 | 468 | 7,043
Provision (release of allowance) for credit losses | (4,235) | 5,100 | 341 | 6,380
Initial allowance on loans purchased with credit deterioration |  |  | 1,217 |
Charge-offs | (3,700) | (2,529) | (8,547) | (3,652)
Recoveries | 2,468 | 1,355 | 5,637 | 1,740
Ending balance | 30,294 | 22,734 | 30,294 | 22,734
Individually evaluated for impairment | 3,256 | 1,595 | 3,256 | 1,595
Collectively evaluated for impairment |  | 21,139 |  | 21,139
Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 614 |  | 663
Provision (release of allowance) for credit losses |  | (614) |  | (663)
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | 0 |  | 0
Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | 7,682 |
Unfunded Commitments |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Provision (release of allowance) for credit losses | (200) |  | (100) |
Total commercial |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 14,735 | 13,170 | 15,539 | 14,100
Provision (release of allowance) for credit losses | 1,438 | 2,451 | 2,721 | 1,513
Initial allowance on loans purchased with credit deterioration |  |  | 710 |
Charge-offs | (127) | 0 | (268) | 0
Recoveries | 20 | 64 | 48 | 72
Ending balance | 16,066 | 15,685 | 16,066 | 15,685
Individually evaluated for impairment | 2,666 | 1,299 | 2,666 | 1,299
Collectively evaluated for impairment |  | 14,386 |  | 14,386
Total commercial | Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 165 |  | 0
Provision (release of allowance) for credit losses |  | (165) |  | 0
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | 0 |  | 0
Total commercial | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | (2,684) |
Total commercial | Business |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 9,918 | 6,869 | 8,771 | 8,027
Provision (release of allowance) for credit losses | 1,504 | 1,199 | 2,186 | 40
Initial allowance on loans purchased with credit deterioration |  |  | 710 |
Charge-offs | (127) | 0 | (268) | 0
Recoveries | 13 | 9 | 35 | 10
Ending balance | 11,308 | 8,077 | 11,308 | 8,077
Individually evaluated for impairment | 2,666 | 1,076 | 2,666 | 1,076
Collectively evaluated for impairment |  | 7,001 |  | 7,001
Total commercial | Business | Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 112 |  | 0
Provision (release of allowance) for credit losses |  | (112) |  | 0
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | 0 |  | 0
Total commercial | Business | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | (126) |
Total commercial | Real estate |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 3,177 | 5,566 | 5,704 | 5,091
Provision (release of allowance) for credit losses | (133) | 1,020 | 180 | 1,488
Initial allowance on loans purchased with credit deterioration |  |  | 0 |
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 7 | 55 | 13 | 62
Ending balance | 3,051 | 6,641 | 3,051 | 6,641
Individually evaluated for impairment |  | 223 |  | 223
Collectively evaluated for impairment |  | 6,418 |  | 6,418
Total commercial | Real estate | Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 53 |  | 0
Provision (release of allowance) for credit losses |  | (53) |  | 0
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | 0 |  | 0
Total commercial | Real estate | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | (2,846) |
Total commercial | Acquisition, development and construction |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 1,640 | 735 | 1,064 | 982
Provision (release of allowance) for credit losses | 67 | 232 | 355 | (15)
Initial allowance on loans purchased with credit deterioration |  |  | 0 |
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Ending balance | 1,707 | 967 | 1,707 | 967
Individually evaluated for impairment |  | 0 |  | 0
Collectively evaluated for impairment |  | 967 |  | 967
Total commercial | Acquisition, development and construction | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | 288 |
Residential real estate |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 7,618 | 1,127 | 2,880 | 948
Provision (release of allowance) for credit losses | (450) | 645 | (86) | 824
Initial allowance on loans purchased with credit deterioration |  |  | 507 |
Charge-offs | 0 | 0 | (22) | 0
Recoveries | 0 | 0 | 0 | 0
Ending balance | 7,168 | 1,772 | 7,168 | 1,772
Individually evaluated for impairment | 391 | 84 | 391 | 84
Collectively evaluated for impairment |  | 1,688 |  | 1,688
Residential real estate | Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 323 |  | 544
Provision (release of allowance) for credit losses |  | (323) |  | (544)
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | 0 |  | 0
Residential real estate | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | 3,889 |
Home Equity |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 119 | 131 | 131 | 128
Provision (release of allowance) for credit losses | (6) | 8 | (14) | 9
Initial allowance on loans purchased with credit deterioration |  |  | 0 |
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 1 | 2 | 2 | 4
Ending balance | 114 | 141 | 114 | 141
Individually evaluated for impairment |  | 0 |  | 0
Collectively evaluated for impairment |  | 141 |  | 141
Home Equity | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | (5) |
Consumer |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance | 13,041 | 3,766 | 5,287 | 2,427
Provision (release of allowance) for credit losses | (4,969) | 2,610 | (2,153) | 4,697
Initial allowance on loans purchased with credit deterioration |  |  | 0 |
Charge-offs | (3,573) | (2,529) | (8,257) | (3,652)
Recoveries | 2,447 | 1,289 | 5,587 | 1,664
Ending balance | 6,946 | 5,136 | 6,946 | 5,136
Individually evaluated for impairment | $ 199 | 212 | 199 | 212
Collectively evaluated for impairment |  | 4,924 |  | 4,924
Consumer | Purchased credit impaired loans |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  | 126 |  | 119
Provision (release of allowance) for credit losses |  | (126) |  | (119)
Ending balance |  | 0 |  | 0
Collectively evaluated for impairment |  | $ 0 |  | $ 0
Consumer | Impact of adopting ASC 326 |  |  |  |
Changes in the allowance for loan losses |  |  |  |
Beginning balance |  |  | $ 6,482 |

X
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