XML 66 R56.htm IDEA: XBRL DOCUMENT v3.24.3
Allowance for Credit Losses - Schedule of Activity in the Allowance for Credit Losses by Loan Portfolio (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period $ 437,069 $ 387,380 $ 427,265 $ 357,448  
Other adjustments 30 (60) (20) (15)  
Charge-offs (31,018) (10,477) (89,615) (36,344)  
Recoveries 4,283 2,359 11,144 5,731  
Provision for credit losses - Other 6,799   68,389    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 15,547   15,547    
Provision for credit losses 22,300 19,948 83,900 71,589  
Initial allowance for credit losses recognized on PCD assets acquired during the period 3,004   3,004    
Allowance for credit losses at period end 435,714 399,150 435,714 399,150 $ 357,448
Accounting Standards Update [Extensible Enumeration]         Accounting Standards Update 2022-02 [Member]
Individually measured 27,630 15,302 27,630 15,302  
Collectively measured 408,084 383,848 408,084 383,848  
Loans at period end, individually evaluated for impairment 124,586 77,937 124,586 77,937  
Loans at period end, collectively evaluated for impairment 46,804,823 41,196,917 46,804,823 41,196,917  
Loans held-for-investment 138,038 171,178 138,038 $ 171,178  
Accounting Standards Update 2016-13          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Accounting Standards Update [Extensible Enumeration]       Accounting Standards Update 2016-13  
Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       $ 741  
Allowance for credit losses at period end         $ 741
Commercial          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 181,991 143,142 169,604 142,769  
Other adjustments 0 0 0 0  
Charge-offs (22,975) (2,427) (43,774) (10,599)  
Recoveries 649 1,162 2,078 2,059  
Provision for credit losses - Other 7,128   38,885    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 2,967   2,967    
Provision for credit losses   9,611   17,148  
Initial allowance for credit losses recognized on PCD assets acquired during the period 1,838   1,838    
Allowance for credit losses at period end 171,598 151,488 171,598 151,488 142,769
Individually measured 21,573 9,773 21,573 9,773  
Collectively measured 150,025 141,715 150,025 141,715  
Loans at period end, individually evaluated for impairment 63,826 43,569 63,826 43,569  
Loans at period end, collectively evaluated for impairment 15,183,867 12,681,904 15,183,867 12,681,904  
Loans held-for-investment 0 0 0 0  
Commercial | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       111  
Allowance for credit losses at period end         111
Commercial Real Estate          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 223,728 215,696 223,853 184,352  
Other adjustments 0 0 0 0  
Charge-offs (95) (1,713) (21,090) (9,842)  
Recoveries 30 243 151 368  
Provision for credit losses - Other (4,162)   16,587    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 10,540   10,540    
Provision for credit losses   1,492   39,484  
Initial allowance for credit losses recognized on PCD assets acquired during the period 1,103   1,103    
Allowance for credit losses at period end 231,144 215,718 231,144 215,718 184,352
Individually measured 5,958 5,408 5,958 5,408  
Collectively measured 225,186 210,310 225,186 210,310  
Loans at period end, individually evaluated for impairment 42,071 17,043 42,071 17,043  
Loans at period end, collectively evaluated for impairment 12,751,346 10,929,137 12,751,346 10,929,137  
Loans held-for-investment 0 0 0 0  
Commercial Real Estate | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       1,356  
Allowance for credit losses at period end         1,356
Home  Equity          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 7,242 6,967 7,116 7,573  
Other adjustments 0 0 0 0  
Charge-offs 0 (227) (74) (227)  
Recoveries 101 33 165 105  
Provision for credit losses - Other 134   270    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 1,344   1,344    
Provision for credit losses   307   (338)  
Initial allowance for credit losses recognized on PCD assets acquired during the period 2   2    
Allowance for credit losses at period end 8,823 7,080 8,823 7,080 7,573
Individually measured 50 0 50 0  
Collectively measured 8,773 7,080 8,773 7,080  
Loans at period end, individually evaluated for impairment 1,122 1,363 1,122 1,363  
Loans at period end, collectively evaluated for impairment 425,921 341,895 425,921 341,895  
Loans held-for-investment 0 0 0 0  
Home  Equity | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       (33)  
Allowance for credit losses at period end         (33)
Residential real estate          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 8,773 12,252 13,133 11,585  
Other adjustments 0 0 0 0  
Charge-offs 0 (78) (61) (78)  
Recoveries 5 1 15 11  
Provision for credit losses - Other 268   (4,041)    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 638   638    
Provision for credit losses   484   1,833  
Initial allowance for credit losses recognized on PCD assets acquired during the period 61   61    
Allowance for credit losses at period end 9,745 12,659 9,745 12,659 11,585
Individually measured 48 109 48 109  
Collectively measured 9,697 12,550 9,697 12,550  
Loans at period end, individually evaluated for impairment 17,565 15,946 17,565 15,946  
Loans at period end, collectively evaluated for impairment 3,232,435 2,520,479 3,232,435 2,520,479  
Loans held-for-investment 138,038 171,178 138,038 171,178  
Residential real estate | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       (692)  
Allowance for credit losses at period end         (692)
Premium Finance Receivables          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 14,746 9,046 13,069 10,671  
Other adjustments 30 (60) (20) (15)  
Charge-offs (7,794) (5,848) (24,218) (15,151)  
Recoveries 3,477 906 8,667 3,119  
Provision for credit losses - Other 3,284   16,245    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 0   0    
Provision for credit losses   7,776   13,196  
Initial allowance for credit losses recognized on PCD assets acquired during the period 0   0    
Allowance for credit losses at period end 13,743 11,820 13,743 11,820 10,671
Individually measured 0 0 0 0  
Collectively measured 13,743 11,820 13,743 11,820  
Loans at period end, individually evaluated for impairment 0 0 0 0  
Loans at period end, collectively evaluated for impairment 15,128,580 14,654,555 15,128,580 14,654,555  
Loans held-for-investment 0 0 0 0  
Premium Finance Receivables | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       0  
Allowance for credit losses at period end         0
Consumer and Other          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period 589 277 490 498  
Other adjustments 0 0 0 0  
Charge-offs (154) (184) (398) (447)  
Recoveries 21 14 68 69  
Provision for credit losses - Other 147   443    
Provision for credit losses - Day 1 on non-PCD assets acquired during the period 58   58    
Provision for credit losses   278   266  
Initial allowance for credit losses recognized on PCD assets acquired during the period 0   0    
Allowance for credit losses at period end 661 385 661 385 498
Individually measured 1 12 1 12  
Collectively measured 660 373 660 373  
Loans at period end, individually evaluated for impairment 2 16 2 16  
Loans at period end, collectively evaluated for impairment 82,674 68,947 82,674 68,947  
Loans held-for-investment $ 0 $ 0 $ 0 0  
Consumer and Other | Cumulative Effect, Period of Adoption, Adjustment          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Allowance for credit losses at beginning of period       $ (1)  
Allowance for credit losses at period end         $ (1)