XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.3
ALLOWANCE FOR CREDIT LOSSES (Tables)
9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Allowance for Credit Losses by Classification
Changes in the allowance by loan category were as follows:
 Three months ended September 30, 2024
(Dollars in thousands)Commercial & industrialLease financingConstruction real estateCommercial real estateResidential real estateHome EquityInstallmentCredit cardTotal
Allowance for credit losses:        
Balance at beginning of period$49,312 $13,919 $19,678 $34,022 $18,415 $13,890 $4,928 $2,021 $156,185 
Provision for credit losses5,698 1,502 770 163 618 637 541 9,930 
Gross charge-offs(5,471)(368)(261)(60)(90)(1,510)(768)(8,528)
Recoveries434 11 25 22 240 421 91 1,244 
Total net charge-offs(5,037)(357)(236)(38)150 (1,089)(677)(7,284)
Ending allowance for credit losses$49,973 $15,064 $19,679 $34,556 $18,540 $14,658 $4,476 $1,885 $158,831 

 Three months ended September 30, 2023
(Dollars in thousands)Commercial & industrialLease financingConstruction real estateCommercial real estateResidential real estateHome EquityInstallmentCredit cardTotal
Allowance for credit losses:        
Balance at beginning of period$42,627 $8,069 $11,778 $44,451 $19,405 $15,067 $4,466 $2,783 $148,646 
Provision for credit losses(584)2,918 (821)7,088 1,969 1,138 1,303 (104)12,907 
Loans charged off(9,207)(76)(6,008)(10)(54)(1,349)(319)(17,023)
Recoveries335 39 44 125 87 40 671 
Total net charge-offs(8,872)(75)(5,969)34 71 (1,262)(279)(16,352)
Ending allowance for credit losses$33,171 $10,912 $10,957 $45,570 $21,408 $16,276 $4,507 $2,400 $145,201 
  
Nine months ended September 30, 2024
(Dollars in thousands)Commercial & industrialLease financingConstruction real estateCommercial real estateResidential real estateHome equityInstallmentCredit cardTotal
Allowance for credit losses:        
Beginning balance$44,319 $12,365 $11,003 $34,903 $18,088 $13,322 $4,888 $2,545 $141,433 
Provision for credit losses15,137 3,189 8,676 5,035 500 1,135 4,583 1,251 39,506 
Loans charged off(10,315)(561)(5,582)(131)(237)(5,780)(2,094)(24,700)
Recoveries832 71 200 83 438 785 183 2,592 
Total net charge-offs(9,483)(490)(5,382)(48)201 (4,995)(1,911)(22,108)
Ending allowance for credit losses$49,973 $15,064 $19,679 $34,556 $18,540 $14,658 $4,476 $1,885 $158,831 
 Nine months ended September 30, 2023
(Dollars in thousands)Commercial & industrialLease financingConstruction real estateCommercial real estateResidential real estateHome equityInstallmentCredit cardTotal
Allowance for credit losses:        
Beginning balance$42,313 $3,571 $13,527 $41,106 $12,684 $12,447 $4,945 $2,384 $132,977 
Provision for credit losses2,092 7,517 (2,570)10,756 8,531 3,558 3,719 667 34,270 
Loans charged off(12,309)(179)(8,722)(30)(166)(4,388)(810)(26,604)
Recoveries1,075 2,430 223 437 231 159 4,558 
Total net charge-offs(11,234)(176)(6,292)193 271 (4,157)(651)(22,046)
Ending allowance for credit losses$33,171 $10,912 $10,957 $45,570 $21,408 $16,276 $4,507 $2,400 $145,201