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Financial Instruments with Off-Balance-Sheet Risk (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Summary of Off-Balance-Sheet Financial Instruments with Contractual Amounts Include Present Credit Risk

Off-balance-sheet financial instruments with contractual amounts that present credit risk include the following:

 

 

 

September 30, 2023

 

 

December 31, 2022

 

 

 

(dollars in thousands)

 

Financial instruments whose contractual amount represents credit risk:

 

 

 

 

 

 

Commitments to extend credit:

 

 

 

 

 

 

Unused portion of existing lines of credit

 

$

1,029,129

 

 

$

1,073,567

 

Origination of new loans

 

 

19,112

 

 

 

25,411

 

Standby letters of credit

 

 

35,334

 

 

 

24,234

 

Financial instruments whose notional amount exceeds the amount of credit risk:

 

 

 

 

 

 

Commitments to sell residential mortgage loans

 

 

458

 

 

 

250