XML 183 R26.htm IDEA: XBRL DOCUMENT v3.22.4
OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES
Legal Matters
The Company is a party to legal actions which arise in the normal course of its business activities. In the opinion of management, the ultimate resolution of these matters is not expected to have a material effect on the Company’s financial position or the results of operations.
Credit Commitments and Contingencies
A summary of the contractual amount of the Company’s exposure to off-balance-sheet risk relating to the Company’s commitments to extend credit and standby letters of credit follows (dollars in thousands):
As of December 31,
20222021
Financial instruments whose contract amounts represent credit risk
Commitments to extend credit$1,991,769 $1,983,655 
Standby letters of credit33,008 32,552 
Total commitments$2,024,777 $2,016,207