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Financial Instruments with Off-Balance Sheet Risk
6 Months Ended
Jun. 30, 2020
Risks and Uncertainties [Abstract]  
Financial Instruments with Off-Balance Sheet Risk Financial Instruments with Off-Balance Sheet Risk
The table below presents our financial instruments with off-balance sheet risk, as well as the activity in the allowance for off-balance sheet credit losses related to those financial instruments. This allowance is recorded in other liabilities on the consolidated balance sheets.
 
Three months ended June 30,
 
Six months ended June 30,
(in thousands)
2020
 
2019
 
2020
 
2019
Beginning balance of allowance for off-balance sheet credit losses
$
10,174

 
$
9,795

 
$
8,640

 
$
11,434

Impact of CECL adoption

 

 
563

 

Provision for off-balance sheet credit losses
2,094

 
995

 
3,065

 
(644
)
Ending balance of allowance for off-balance sheet credit losses
$
12,268

 
$
10,790

 
$
12,268

 
$
10,790

 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
June 30, 2020
 
December 31, 2019
Commitments to extend credit - period end balance
 
 
 
$
8,074,723

 
$
8,066,655

Standby letters of credit - period end balance
 
 
 
$
252,246

 
$
261,405