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Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2023
Receivables [Abstract]  
Schedule of Loans Outstanding by Class of Financing Receivable
Loans outstanding as of March 31, 2023 and December 31, 2022, by class of financing receivable are as follows:
 March 31,December 31,
 2023 2022 
Commercial and industrial$1,671,398 $1,645,783 
Construction1,697,513 1,657,488 
Residential real estate:
1-to-4 family mortgage1,562,503 1,573,121 
Residential line of credit497,391 496,660 
Multi-family mortgage489,379 479,572 
Commercial real estate:
Owner-occupied1,136,978 1,114,580 
Non-owner occupied1,939,517 1,964,010 
Consumer and other371,317 366,998 
Gross loans9,365,996 9,298,212 
Less: Allowance for credit losses(138,809)(134,192)
Net loans$9,227,187 $9,164,020 
Schedule of Changes in Allowance for Credit Losses by Class of Financing Receivable
The following tables provide the changes in the allowance for credit losses by class of financing receivable for the three months ended March 31, 2023 and 2022:
 Commercial
and industrial 		Construction1-to-4
family
residential
mortgage 		Residential
line of credit 		Multi-family
residential
mortgage 		Commercial
real estate
owner
occupied 		Commercial
real estate
non-owner
occupied 		Consumer
and other 		Total
Three Months Ended March 31, 2023
Beginning balance -
December 31, 2022
$11,106 $39,808 $26,141 $7,494 $6,490 $7,783 $21,916 $13,454 $134,192 
Provision for credit losses(10)1,217 1,073 1,540 129 103 (48)993 4,997 
Recoveries of loans
previously charged-off
67 — 15 — — 66 — 239 387 
Loans charged off(46)— (16)— — — — (705)(767)
Ending balance -
March 31, 2023
$11,117 $41,025 $27,213 $9,034 $6,619 $7,952 $21,868 $13,981 $138,809 
 
 Commercial
and industrial 		Construction1-to-4
family
residential
mortgage 		Residential
line of credit 		Multi-family
residential
mortgage 		Commercial
real estate
owner
occupied 		Commercial
real estate
non-owner
occupied 		Consumer
and other 		Total
Three Months Ended March 31, 2022 
Beginning balance -
December 31, 2021
$15,751 $28,576 $19,104 $5,903 $6,976 $12,593 $25,768 $10,888 $125,559 
Provision for credit losses(4,006)3,206 1,908 641 (578)(4,187)(4,478)1,365 (6,129)
Recoveries of loans
previously charged-off
958 — 12 1 — 10 — 217 1,198 
Loans charged off(4)— — — — — — (575)(579)
Ending balance -
  March 31, 2022		$12,699 $31,782 $21,024 $6,545 $6,398 $8,416 $21,290 $11,895 $120,049 
Schedule of Credit Quality of Loan Portfolio by Year of Origination The following tables present the credit quality of the Company's commercial type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below.
Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period activity of gross charge-offs by year of origination are not included in the below tables.
As of and for the three months
    ended March 31, 2023
20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
Commercial and industrial
Pass$40,396 $383,606 $193,605 $53,715 $83,158 $92,586 $785,130 $1,632,196 
Special Mention— 2,625 4 — 159 891 7,040 10,719 
Classified457 2,692 647 1,939 1,476 6,818 14,454 28,483 
Total40,853 388,923 194,256 55,654 84,793 100,295 806,624 1,671,398 
            Current-period gross
               charge-offs		— 46 — — — — — 46 
Construction
Pass41,824 769,011 430,782 110,280 77,147 56,628 207,940 1,693,612 
Special Mention— 2,797 — 6 — 698 — 3,501 
Classified— 78 322 — — — — 400 
Total41,824 771,886 431,104 110,286 77,147 57,326 207,940 1,697,513 
            Current-period gross
               charge-offs		— — — — — — — — 
Residential real estate:
Multi-family mortgage
Pass10,827 144,897 147,358 95,536 33,362 42,701 13,557 488,238 
Special Mention— — — — — — — — 
Classified— — — — — 1,141 — 1,141 
Total10,827 144,897 147,358 95,536 33,362 43,842 13,557 489,379 
             Current-period gross
                charge-offs		— — — — — — — — 
Commercial real estate:
Owner occupied
Pass24,353 227,787 229,910 114,965 158,969 310,138 43,682 1,109,804 
Special Mention— 6,295 677 — 165 3,397 5,100 15,634 
Classified— — 1,293 — 3,501 6,646 100 11,540 
Total24,353 234,082 231,880 114,965 162,635 320,181 48,882 1,136,978 
            Current-period gross
              charge-offs		— — — — — — — — 
Non-owner occupied
Pass7,627 464,026 460,997 125,499 161,560 652,952 44,748 1,917,409 
Special Mention— — 1,032 — — 2,507 — 3,539 
Classified— — 1,960 — 143 16,466 — 18,569 
Total7,627 464,026 463,989 125,499 161,703 671,925 44,748 1,939,517 
             Current-period gross
                charge-offs		— — — — — — — — 
Total commercial loan types
Pass125,027 1,989,327 1,462,652 499,995 514,196 1,155,005 1,095,057 6,841,259 
Special Mention— 11,717 1,713 6 324 7,493 12,140 33,393 
Classified457 2,770 4,222 1,939 5,120 31,071 14,554 60,133 
Total$125,484 $2,003,814 $1,468,587 $501,940 $519,640 $1,193,569 $1,121,751 $6,934,785 
            Current-period gross
                charge-offs		$— $46 $— $— $— $— $— $46 
As of December 31, 2022
20222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Commercial and industrial
Pass$396,643 $204,000 $67,231 $90,894 $39,780 $62,816 $762,717 $1,624,081 
Special Mention125 7 — 160 143 771 2,520 3,726 
Classified65 823 1,916 1,651 273 6,913 6,335 17,976 
Total396,833 204,830 69,147 92,705 40,196 70,500 771,572 1,645,783 
Construction
Pass682,885 495,723 142,233 84,599 17,360 44,326 188,906 1,656,032 
Special Mention— — 15 — — 707 — 722 
Classified80 309 — — — 345 — 734 
Total682,965 496,032 142,248 84,599 17,360 45,378 188,906 1,657,488 
Residential real estate:
Multi-family mortgage
Pass142,912 147,168 96,819 33,547 6,971 37,385 13,604 478,406 
Special Mention— — — — — — — — 
Classified— — — — — 1,166 — 1,166 
Total142,912 147,168 96,819 33,547 6,971 38,551 13,604 479,572 
Commercial real estate:
Owner occupied
Pass237,862 223,883 110,748 148,405 66,101 246,414 57,220 1,090,633 
Special Mention101 683 — 168 2,225 1,258 5,000 9,435 
Classified— 1,293 224 4,589 1,276 7,018 112 14,512 
Total237,963 225,859 110,972 153,162 69,602 254,690 62,332 1,114,580 
Non-owner occupied
Pass467,360 440,319 131,497 159,205 210,752 473,60760,908 1,943,648 
Special Mention— — — — 82 2,459— 2,541 
Classified— 2,258 — 146 3,270 12,147— 17,821 
Total467,360 442,577 131,497 159,351 214,104 488,213 60,908 1,964,010 
Total commercial loan types
Pass1,927,662 1,511,093 548,528 516,650 340,964 864,548 1,083,355 6,792,800 
Special Mention226 690 15 328 2,450 5,195 7,520 16,424 
Classified145 4,683 2,140 6,386 4,819 27,589 6,447 52,209 
Total$1,928,033 $1,516,466 $550,683 $523,364 $348,233 $897,332 $1,097,322 $6,861,433 
The following tables present the credit quality by classification (performing or nonperforming) of the Company's consumer type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below.
Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period balances for gross charge-offs by year of origination are not included below.
As of and for the three months
     ended March 31, 2023
20232022202120202019PriorRevolving Loans Amortized Cost BasisTotal
Residential real estate:
1-to-4 family mortgage
Performing$36,402 $550,052 $439,949 $157,470 $88,489 $269,548 $— $1,541,910 
Nonperforming— 1,945 4,671 4,834 1,115 8,028 — 20,593 
Total36,402 551,997 444,620 162,304 89,604 277,576 — 1,562,503 
          Current-period gross
             charge-offs		— — — — — 16 — 16 
Residential line of credit
Performing— — — — — — 496,309 496,309 
Nonperforming— — — — — — 1,082 1,082 
Total— — — — — — 497,391 497,391 
          Current-period gross
             charge-offs		— — — — — — — — 
Consumer and other
Performing24,159 108,985 53,452 39,098 27,758 105,751 4,198 363,401 
Nonperforming— 233 1,536 1,481 966 3,700 — 7,916 
       Total24,159 109,218 54,988 40,579 28,724 109,451 4,198 371,317 
           Current-period gross
             charge-offs		171 339 38 81 9 65 2 705 
Total consumer type loans
Performing60,561 659,037 493,401 196,568 116,247 375,299 500,507 2,401,620 
Nonperforming— 2,178 6,207 6,315 2,081 11,728 1,082 29,591 
        Total$60,561 $661,215 $499,608 $202,883 $118,328 $387,027 $501,589 $2,431,211 
            Current-period gross
             charge-offs		$171 $339 $38 $81 $9 $81 $2 $721 
As of December 31, 2022
20222021202020192018PriorRevolving Loans Amortized Cost BasisTotal
Residential real estate:
1-to-4 family mortgage
Performing$568,210 $448,401 $160,715 $93,548 $68,113 $211,019 $— $1,550,006 
Nonperforming1,227 5,163 5,472 1,778 2,044 7,431 — 23,115 
Total569,437 453,564 166,187 95,326 70,157 218,450 — 1,573,121 
Residential line of credit
Performing— — — — — — 495,129 495,129 
Nonperforming— — — — — — 1,531 1,531 
Total— — — — — — 496,660 496,660 
Consumer and other
Performing118,637 56,779 41,008 29,139 26,982 82,318 4,175 359,038 
Nonperforming166 1,396 1,460 906 1,507 2,525 — 7,960 
       Total118,803 58,175 42,468 30,045 28,489 84,843 4,175 366,998 
Total consumer type loans
Performing686,847 505,180 201,723 122,687 95,095 293,337 499,304 2,404,173 
Nonperforming1,393 6,559 6,932 2,684 3,551 9,956 1,531 32,606 
       Total$688,240 $511,739 $208,655 $125,371 $98,646 $303,293 $500,835 $2,436,779 
Schedule of Analysis of Aging by Class of Financing Receivable
The following tables represent an analysis of the aging by class of financing receivable as of March 31, 2023 and December 31, 2022:
March 31, 202330-89 days
past due and accruing
interest		90 days or 
more and accruing
interest 		Nonaccrual
loans		Loans current
on payments
and accruing
interest 		Total
Commercial and industrial$574 $42 $2,413 $1,668,369 $1,671,398 
Construction2,708 — 382 1,694,423 1,697,513 
Residential real estate:
1-to-4 family mortgage13,348 11,505 9,088 1,528,562 1,562,503 
Residential line of credit678 158 924 495,631 497,391 
Multi-family mortgage— — 39 489,340 489,379 
Commercial real estate:
Owner occupied851 — 7,211 1,128,916 1,136,978 
Non-owner occupied— — 5,802 1,933,715 1,939,517 
Consumer and other6,918 875 7,041 356,483 371,317 
Total$25,077 $12,580 $32,900 $9,295,439 $9,365,996 
 
December 31, 202230-89 days
past due and accruing
interest		90 days or 
more and accruing
interest 		Nonaccrual
loans		Loans current on payments and accruing interest Total
Commercial and industrial$1,650 $136 $1,307 $1,642,690 $1,645,783 
Construction1,246 — 389 1,655,853 1,657,488 
Residential real estate:
1-to-4 family mortgage15,470 16,639 6,476 1,534,536 1,573,121 
Residential line of credit772 131 1,400 494,357 496,660 
Multi-family mortgage— — 42 479,530 479,572 
Commercial real estate:
Owner occupied1,948 — 5,410 1,107,222 1,114,580 
Non-owner occupied102 — 5,956 1,957,952 1,964,010 
Consumer and other10,108 1,509 6,451 348,930 366,998 
Total$31,296 $18,415 $27,431 $9,221,070 $9,298,212 
Schedule of Amortized Cost, Related Allowance and Interest Income of Non-accrual Loans
The following tables provide the amortized cost basis of loans on non-accrual status, as well as any related allowance as of March 31, 2023 and December 31, 2022 by class of financing receivable.
March 31, 2023Nonaccrual
with no
related
allowance		Nonaccrual
with
related
allowance		Related
allowance
Commercial and industrial$1,804 $609 $11 
Construction— 382 7 
Residential real estate:
1-to-4 family mortgage1,955 7,133 143 
Residential line of credit842 82 1 
Multi-family mortgage— 39 1 
Commercial real estate:
Owner occupied7,008 203 12 
Non-owner occupied5,610 192 4 
Consumer and other110 6,931 354 
Total$17,329 $15,571 $533 
December 31, 2022
Nonaccrual
with no
related
allowance		Nonaccrual
with
related
allowance		Related
allowance
Commercial and industrial$790 $517 $10 
Construction— 389 7 
Residential real estate:
1-to-4 family mortgage2,834 3,642 78 
Residential line of credit1,134 266 4 
Multi-family mortgage1 41 1 
Commercial real estate:
Owner occupied5,200 210 1 
Non-owner occupied5,755 201 5 
Consumer and other— 6,451 327 
Total$15,714 $11,717 $433 
The following presents interest income recognized on nonaccrual loans for the three months ended March 31, 2023 and 2022:
Three Months Ended March 31,
20232022
Commercial and industrial$20 $54 
Construction6 19 
Residential real estate:
1-to-4 family mortgage79 52 
Residential line of credit24 40 
Multi-family mortgage1 — 
Commercial real estate:
Owner occupied58 25 
Non-owner occupied82 70 
Consumer and other173 15 
Total$443 $275 
Schedule of Financial Effect of TDRs
The following table presents the financial effect of TDRs recorded during the three months ended March 31, 2022:
Number of loansPre-modification outstanding recorded investment Post-modification outstanding recorded investment Charge offs and specific reserves
Residential real estate:
1-to-4 family mortgage1 80 80 — 
Consumer and other1 22 22 — 
Total2 $102 $102 $— 
Schedule of Individually Assessed Allowance for Credit Losses for Collateral Dependent Loans
For loans for which the repayment (based on the Company's assessment) is expected to be provided substantially through the operation or sale of collateral and the borrower is experiencing financial difficulty, the following tables present the loans and the corresponding individually assessed allowance for credit losses by class of financing receivable. Significant changes in individually assessed reserves are due to changes in the valuation of the underlying collateral in addition to changes in accrual and past due status.
March 31, 2023
Type of Collateral
Real EstateFinancial Assets and Equipment TotalIndividually assessed allowance for credit loss
Commercial and industrial$2,597 $800 $3,397 $— 
Residential real estate:
1-to-4 family mortgage5,332 — 5,332 169 
Residential line of credit1,109 — 1,109 5 
Commercial real estate:
Owner occupied7,651 — 7,651 4 
Non-owner occupied5,610 — 5,610 — 
Consumer and other132 — 132 — 
Total$22,431 $800 $23,231 $178 
December 31, 2022
Type of Collateral
Real EstateFinancial Assets and Equipment TotalIndividually assessed allowance for credit loss
Commercial and industrial$2,596 $— $2,596 $— 
Residential real estate:
1-to-4 family mortgage4,467 — 4,467 194 
Residential line of credit1,135 — 1,135 — 
Commercial real estate:
Owner occupied5,424 — 5,424 — 
Non-owner occupied5,755 — 5,755 — 
Consumer and other134 — 134 — 
Total$19,511 $— $19,511 $194