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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles is “Day 1” impact of CECL adoption is summarized below:

(dollars in thousands)
December 31, 2019

 
CECL Adoption Impact

 
January 1, 2020

Allowance for Credit Losses:
 
 
 
 
 
Commercial
$
73,801

 
$
(18,789
)
 
$
55,012

Consumer
36,226

 
17,052

 
53,278

Total Allowance for Credit Losses
110,027

 
(1,737
)
 
108,290

Reserve for Unfunded Commitments
6,822

 
(3,335
)
 
3,487

Total Reserve for Credit Losses
$
116,849

 
$
(5,072
)
 
$
111,777

 
 
 
 
 
 
Retained Earnings
 
 
Total Pre-tax Impact
 
 
$
5,072

 
 
Tax Effect
 
 
(1,440
)
 
 
Increase to Retained Earnings
 
 
$
3,632