Outstanding Commitments and Contingent Liabilities

9 Months Ended

Sep. 30, 2019

Outstanding Commitments and Contingent Liabilities

Outstanding Commitments and Contingent Liabilities

Note 11: 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 financial position or the results of operations of the Company.

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):

	September 30, 2019		December 31, 2018
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	1,664,799	$	1,398,483
Standby letters of credit		40,073		32,156