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OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Schedule of OREO and Other Repossessed Assets Balances The following table summarizes the composition of Busey’s OREO and other repossessed asset balances as of the periods presented (dollars in thousands):
As of December 31,
20242023
OREO
Residential$63 $125 
OREO and other repossessed assets$63 $125 
Schedule of Activity Related to OREO and Other Repossessed Assets
The following table summarizes changes in the OREO and other repossessed assets balance (dollars in thousands):
Years Ended December 31,
202420232022
OREO and other repossessed assets at January 1$125 $850 $4,416 
Additions, transfers from loans26 189 175 
Sales(84)(770)(2,565)
Cash payments collected(4)(44)(565)
Impairment of OREO and other repossessed assets— (100)(611)
OREO and other repossessed assets at December 31$63 $125 $850 
Schedule of Activity Related to Foreclosed Assets OREO and other repossessed assets. The table below summarizes the effect of these activities, included in other expense on Busey’s Consolidated Statements of Income (dollars in thousands):
Years Ended December 31,
202420232022
Activity for OREO and other repossessed assets
Net gain (loss) on sales$585 $(54)$(665)
Operating income (expense), net(17)(67)(248)
Activity for OREO and other repossessed assets$568 $(121)$(913)