Allowance for Loan and Lease Losses and Reserve for Unfunded Commitments (Tables)

6 Months Ended

Jun. 30, 2022

Receivables [Abstract]

Allowance for Loan and Lease Losses and Reserve for Unfunded Commitments

The following tables summarize the balance and activity within the allowance for loan and lease losses, the components of the allowance for loan and lease losses in terms of loans and leases individually and collectively evaluated for impairment, and corresponding loan and lease balances by type for the three and six months ended June 30, 2022 and 2021 are as follows:

June 30, 2022	Commercial Real Estate			Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial			Paycheck Protection Program		Installment and Other		Lease Financing Receivables			Total
Allowance for loan and    lease losses
Three months ended
Beginning balance	$	19,706		$	2,145	$	1,116	$	33,244		$	—	$	10	$	3,237		$	59,458
Provision		566			339		676		3,852			—		1		474			5,908
Charge-offs		(497	)		—		—		(2,654	)		—		—		(324	)		(3,475	)
Recoveries		43			5		—		293			—		—		204			545
Ending balance	$	19,818		$	2,489	$	1,792	$	34,735		$	—	$	11	$	3,591		$	62,436
Six months ended
Beginning balance	$	16,918		$	1,628	$	522	$	33,129		$	—	$	9	$	2,806		$	55,012
Provision/(recapture)		3,350			852		1,270		4,310			—		2		1,119			10,903
Charge-offs		(737	)		—		—		(3,117	)		—		—		(687	)		(4,541	)
Recoveries		287			9		—		413			—		—		353			1,062
Ending balance	$	19,818		$	2,489	$	1,792	$	34,735		$	—	$	11	$	3,591		$	62,436
Ending balance:
Individually evaluated for    impairment	$	6,002		$	—	$	—	$	11,337		$	—	$	—	$	—		$	17,339
Collectively evaluated for    impairment		12,576			1,680		1,764		23,012			—		8		3,591			42,631
Loans acquired with    deteriorated credit    quality		1,240			809		28		386			—		3		—			2,466
Total allowance for loan    and lease losses	$	19,818		$	2,489	$	1,792	$	34,735		$	—	$	11	$	3,591		$	62,436

June 30, 2022	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Paycheck Protection Program		Installment and Other		Lease Financing Receivables		Total
Loans and leases ending balance:
Individually evaluated for    impairment	$	45,200	$	5,188	$	5,541	$	27,770	$	—	$	—	$	—	$	83,699
Collectively evaluated for    impairment		1,794,663		436,081		428,782		1,866,381		10,391		1,153		442,371		4,979,822
Loans acquired with    deteriorated    credit quality		60,075		39,902		1,184		3,232		—		157		—		104,550
Total loans and leases	$	1,899,938	$	481,171	$	435,507	$	1,897,383	$	10,391	$	1,310	$	442,371	$	5,168,071

June 30, 2021	Commercial Real Estate			Residential Real Estate			Construction, Land Development, and Other Land			Commercial and Industrial			Paycheck Protection Program		Installment and Other			Lease Financing Receivables			Total
Allowance for loan and lease losses
Three months ended
Beginning balance	$	20,498		$	2,091		$	785		$	40,302		$	—	$	12		$	1,902		$	65,590
Provision/(recapture)		(823	)		(730	)		(166	)		(502	)		—		(3	)		255			(1,969	)
Charge-offs		(202	)		—			—			(1,829	)		—		—			(385	)		(2,416	)
Recoveries		68			3			—			313			—		—			130			514
Ending balance	$	19,541		$	1,364		$	619		$	38,284		$	—	$	9		$	1,902		$	61,719
Six months ended
Beginning balance	$	19,584		$	2,400		$	1,352		$	41,183		$	—	$	15		$	1,813		$	66,347
Provision/(recapture)		1,783			(1,032	)		(407	)		1,444			—		(6	)		616			2,398
Charge-offs		(2,080	)		(11	)		(326	)		(4,716	)		—		—			(749	)		(7,882	)
Recoveries		254			7			—			373			—		—			222			856
Ending balance	$	19,541		$	1,364		$	619		$	38,284		$	—	$	9		$	1,902		$	61,719
Ending balance:
Individually evaluated for    impairment	$	7,607		$	52		$	—		$	17,931		$	—	$	—		$	—		$	25,590
Collectively evaluated for    impairment		9,743			978			611			19,016			—		9			1,902			32,259
Loans acquired with   deteriorated   credit quality		2,191			334			8			1,337			—		—			—			3,870
Total allowance for loan   and lease losses	$	19,541		$	1,364		$	619		$	38,284		$	—	$	9		$	1,902		$	61,719

June 30, 2021	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Paycheck Protection Program		Installment and Other		Lease Financing Receivables		Total
Loans and leases ending balance:
Individually evaluated for    impairment	$	54,182	$	1,421	$	—	$	39,516	$	—	$	—	$	—	$	95,119
Collectively evaluated for    impairment		1,357,381		453,456		271,918		1,369,275		476,282		1,293		276,387		4,205,992
Loans acquired with   deteriorated credit quality		91,313		67,401		2,008		7,444		—		180		—		168,346
Total loans and leases	$	1,502,876	$	522,278	$	273,926	$	1,416,235	$	476,282	$	1,473	$	276,387	$	4,469,457

Summary of Recorded Investment, Unpaid Principal Balance, and Related Allowance for Loans and Leases Considered Impaired

The following tables summarize the recorded investment, unpaid principal balance, and related allowance for loans and leases losses considered impaired as of June 30, 2022 and December 31, 2021, which exclude acquired impaired loans. For purposes of these tables, the unpaid principal balance represents the outstanding contractual balance. Impaired loans include loans that are individually evaluated for impairment as well as troubled debt restructurings for all loan categories. The sum of non-accrual loans and loans past due 90 days still on accrual will differ from the total impaired loan amount.

June 30, 2022	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded
Commercial real estate	$	21,037	$	22,445	$	—
Residential real estate		5,188		5,318		—
Construction, land development, and other land		5,541		5,541		—
Commercial and industrial		10,355		12,069		—
With an allowance recorded
Commercial real estate		24,163		26,018		6,002
Commercial and industrial		17,415		18,497		11,337
Total impaired loans	$	83,699	$	89,888	$	17,339

December 31, 2021	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded
Commercial real estate	$	17,233	$	19,252	$	—
Residential real estate		1,802		1,919		—
Commercial and industrial		16,624		19,148		—
With an allowance recorded
Commercial real estate		17,818		20,117		6,538
Commercial and industrial		19,446		21,198		14,500
Total impaired loans	$	72,923	$	81,634	$	21,038

Summary of Average Recorded Investment and Interest Income Recognized for Loans and Leases Considered Impaired

The following tables summarize the average recorded investment and interest income recognized for loans and leases considered impaired, which excludes acquired impaired loans, for the six months ended:

June 30, 2022	Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial real estate	$	19,012	$	629
Residential real estate		2,596		68
Construction, land development, and other land		1,847		201
Commercial and industrial		14,193		290
With an allowance recorded
Commercial real estate		22,326		747
Residential real estate		14		—
Commercial and industrial		20,496		606
Total impaired loans	$	80,484	$	2,541

June 30, 2021	Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial real estate	$	30,770	$	616
Residential real estate		2,247		29
Commercial and industrial		17,868		296
With an allowance recorded
Commercial real estate		25,940		553
Residential real estate		245		2
Commercial and industrial		30,227		991
Total impaired loans	$	107,297	$	2,487

Summary of Risk Rating Categories of Loans and Leases Considered for Inclusion in Allowance for Loan and Lease Losses Calculation

The following tables summarize the risk rating categories of the loans and leases considered for inclusion in the allowance for loan and lease losses calculation, excluding acquired impaired loans, as of June 30, 2022 and December 31, 2021:

June 30, 2022	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Paycheck Protection Program		Installment and Other		Lease Financing Receivables		Total
Pass	$	1,668,674	$	418,052	$	391,492	$	1,706,352	$	10,391	$	1,075	$	438,645	$	4,634,681
Watch		90,267		16,274		21,635		118,305		—		78		1,920		248,479
Special Mention		34,527		1,934		15,655		39,272		—		—		1,100		92,488
Substandard		46,395		5,009		5,541		30,222		—		—		654		87,821
Doubtful		—		—		—		—		—		—		52		52
Loss		—		—		—		—		—		—		—		—
Total	$	1,839,863	$	441,269	$	434,323	$	1,894,151	$	10,391	$	1,153	$	442,371	$	5,063,521

December 31, 2021	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Paycheck Protection Program		Installment and Other		Lease Financing Receivables		Total
Pass	$	1,397,228	$	406,948	$	286,434	$	1,341,826	$	123,712	$	1,123	$	354,380	$	3,911,651
Watch		123,248		19,062		31,768		177,638		—		81		1,992		353,789
Special Mention		37,340		3,118		5,885		21,586		—		—		1,609		69,538
Substandard		35,772		1,985		—		36,897		—		—		348		75,002
Doubtful		—		—		—		—		—		—		97		97
Loss		—		—		—		—		—		—		—		—
Total	$	1,593,588	$	431,113	$	324,087	$	1,577,947	$	123,712	$	1,204	$	358,426	$	4,410,077

Summary of Contractual Delinquency Information

The following tables summarize contractual delinquency information for acquired non-impaired and originated loans and leases by category at June 30, 2022 and December 31, 2021:

June 30, 2022	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days and Accruing		Non- accrual		Total Past Due		Current		Total
Commercial real estate	$	2,128	$	1,488	$	—	$	18,941	$	22,557	$	1,817,306	$	1,839,863
Residential real estate		687		275		—		5,009		5,971		435,298		441,269
Construction, land development,    and other land		—		—		—		—		—		434,323		434,323
Commercial and industrial		9,448		868		—		9,311		19,627		1,874,524		1,894,151
Paycheck Protection Program		—		—		—		—		—		10,391		10,391
Installment and other		1		—		—		—		1		1,152		1,153
Lease financing receivables		759		139		—		683		1,581		440,790		442,371
Total	$	13,023	$	2,770	$	—	$	33,944	$	49,737	$	5,013,784	$	5,063,521

December 31, 2021	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days and Accruing		Non- accrual		Total Past Due		Current		Total
Commercial real estate	$	5,185	$	2,361	$	—	$	12,751	$	20,297	$	1,573,291	$	1,593,588
Residential real estate		14,282		852		—		1,450		16,584		414,529		431,113
Construction, land development,    and other land		5,885		—		—		—		5,885		318,202		324,087
Commercial and industrial		2,479		1,097		—		8,600		12,176		1,565,771		1,577,947
Paycheck Protection Program		—		—		—		—		—		123,712		123,712
Installment and other		3		35		—		—		38		1,166		1,204
Lease financing receivables		1,661		251		—		329		2,241		356,185		358,426
Total	$	29,495	$	4,596	$	—	$	23,130	$	57,221	$	4,352,856	$	4,410,077

Summary of TDR's by Loan Category

The tables below present TDRs by loan category as of June 30, 2022 and December 31, 2021:

June 30, 2022	Number of Loans		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Charge-offs		Specific Reserves
Accruing:
Commercial real estate		3	$	1,160	$	1,160	$	—	$	109
Commercial and industrial		1		42		42		—		42
Residential real estate		2		156		156		—		—
Total accruing		6		1,358		1,358		—		151
Non-accruing:
Commercial real estate		3		751		635		116		49
Commercial and industrial		3		1,656		499		1,157		—
Total non-accruing		6		2,407		1,134		1,273		49
Total troubled debt restructurings		12	$	3,765	$	2,492	$	1,273	$	200

December 31, 2021	Number of Loans		Pre- Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Charge-offs		Specific Reserves
Accruing:
Commercial real estate		5	$	1,703	$	1,703	$	—	$	215
Commercial and industrial		1		56		56		—		131
Residential real estate		2		168		168		—		—
Total accruing		8		1,927		1,927		—		346
Non-accruing:
Commercial real estate		4		1,034		918		116		111
Commercial and industrial		3		1,745		588		1,157		—
Total non-accruing		7		2,779		1,506		1,273		111
Total troubled debt restructurings		15	$	4,706	$	3,433	$	1,273	$	457

Summary of Loans Modified as Troubled Debt Restructurings

Loans modified as troubled debt restructurings that occurred during the three and six months ended June 30, 2022 and 2021 were:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2022			2021			2022			2021
Accruing:
Beginning balance	$	1,456		$	2,719		$	1,927		$	2,495
Additions		—			—			—			281
Net payments		(98	)		(324	)		(569	)		(381	)
Net transfers from non-accrual		—			—			—			—
Ending balance		1,358			2,395			1,358			2,395
Non-accruing:
Beginning balance		1,343			5,585			1,506			5,650
Additions		—			—			—			673
Net payments		(209	)		(641	)		(372	)		(984	)
Charge-offs		—			(503	)		—			(898	)
Net transfers to accrual		—			—			—			—
Ending balance		1,134			4,441			1,134			4,441
Total troubled debt restructurings	$	2,492		$	6,836		$	2,492		$	6,836

Summary of Change in Balance for Reserve for Unfunded Commitments

The following table presents the change in the balance of the reserve for unfunded commitments as of June 30, 2022 and 2021:

	For the Three Months Ended					For the Six Months Ended
	June 30,					June 30,
	2022		2021			2022		2021
Beginning balance	$	2,003	$	1,768		$	1,403	$	1,887
Provision/(recapture) for of unfunded commitments		188		(164	)		788		(283	)
Ending balance	$	2,191	$	1,604		$	2,191	$	1,604