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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2018
Commitments And Contingencies Disclosure [Abstract]  
Summary of Financial instruments with Off-Balance Sheet Credit Risk

Commitments may expire without being used. Off-balance sheet risk to credit loss exists up to the face amount of these instruments, although material losses are not anticipated. The same credit policies are used to make such commitments as are used for loans, including obtaining collateral at exercise of the commitment.

 

 

 

March 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Commitments to extend credit, excluding interest rate lock commitments

 

$

959,271

 

 

$

977,276

 

Letters of credit

 

 

22,214

 

 

 

22,882

 

Balance at end of period

 

$

981,485

 

 

$

1,000,158

 

 

Summary of Allowance for Loan Repurchases or Indemnifications

The following table summarizes the activity in the repurchase reserve:

 

 

For the three months ended

 

 

 

March 31,

 

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

3,386

 

 

$

2,659

 

Provision for loan repurchases or indemnifications

 

 

186

 

 

 

183

 

Recoveries on previous losses

 

 

(58

)

 

 

 

Balance at end of period

 

$

3,514

 

 

$

2,842