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Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Loans and Leases Receivable Disclosure [Abstract]    
Outstanding Balances of Loan The following table provides outstanding balances related to each of our loan types: 
March 31, 2023December 31, 2022
 (dollars in thousands)
Commercial, financial, agricultural and other$1,471,079 $1,211,706 
Time and demand1,254,315 1,023,824 
Commercial credit cards13,706 13,920 
Equipment finance109,221 79,674 
Time and demand other93,837 94,288 
Real estate construction541,902 513,101 
Construction other422,831 395,439 
Construction residential119,071 117,662 
Residential real estate2,323,867 2,194,669 
Residential first lien1,660,433 1,547,192 
Residential junior lien/home equity663,434 647,477 
Commercial real estate2,991,930 2,425,012 
Multifamily484,193 431,151 
Nonowner occupied1,817,453 1,510,347 
Owner occupied690,284 483,514 
Loans to individuals1,328,167 1,297,655 
Automobile and recreational vehicles1,244,874 1,210,451 
Consumer credit cards9,886 10,657 
Consumer other73,407 76,547 
Total loans and leases$8,656,945 $7,642,143 
  
Credit Risk Profile by Creditworthiness
The following tables represent our credit risk profile by creditworthiness:
 March 31, 2023
Non-Pass
PassOAEMSubstandardDoubtfulLossTotal Non-PassTotal
(dollars in thousands)
Commercial, financial, agricultural and other$1,368,580 $63,654 $38,845 $— $— $102,499 $1,471,079 
Time and demand1,152,045 63,654 38,616 — — 102,270 1,254,315 
Commercial credit cards13,706 — — — — — 13,706 
Equipment finance109,020 — 201 — — 201 109,221 
Time and demand other93,809 — 28 — — 28 93,837 
Real estate construction540,264 1,638 — — — 1,638 541,902 
Construction other421,193 1,638 — — — 1,638 422,831 
Construction residential119,071 — — — — — 119,071 
Residential real estate2,313,412 2,119 8,336 — — 10,455 2,323,867 
Residential first lien1,654,259 2,119 4,055 — — 6,174 1,660,433 
Residential junior lien/home equity659,153 — 4,281 — — 4,281 663,434 
Commercial real estate2,917,078 45,500 29,352 — — 74,852 2,991,930 
Multifamily483,668 479 46 — — 525 484,193 
Nonowner occupied1,765,458 28,201 23,794 — — 51,995 1,817,453 
Owner occupied667,952 16,820 5,512 — — 22,332 690,284 
Loans to individuals1,327,738 — 429 — — 429 1,328,167 
Automobile and recreational vehicles1,244,519 — 355 — — 355 1,244,874 
Consumer credit cards9,886 — — — — — 9,886 
Consumer other73,333 — 74 — — 74 73,407 
Total loans and leases$8,467,072 $112,911 $76,962 $— $— $189,873 $8,656,945 
 
 December 31, 2022
Non-Pass
PassOAEMSubstandardDoubtfulLossTotal Non-PassTotal
(dollars in thousands)
Commercial, financial, agricultural and other$1,164,193 $35,389 $12,124 $— $— $47,513 $1,211,706 
Time and demand976,346 35,389 12,089 — — 47,478 1,023,824 
Commercial credit cards13,920 — — — — — 13,920 
Equipment finance79,674 — — — — — 79,674 
Time and demand other94,253 — 35 — — 35 94,288 
Real estate construction513,101 — — — — — 513,101 
Construction other395,439 — — — — — 395,439 
Construction residential117,662 — — — — — 117,662 
Residential real estate2,187,780 736 6,153 — — 6,889 2,194,669 
Residential first lien1,542,854 675 3,663 — — 4,338 1,547,192 
Residential junior lien/home equity644,926 61 2,490 — — 2,551 647,477 
Commercial real estate2,347,000 52,291 25,721 — — 78,012 2,425,012 
Multifamily430,613 488 50 — — 538 431,151 
Nonowner occupied1,439,478 49,037 21,832 — — 70,869 1,510,347 
Owner occupied476,909 2,766 3,839 — — 6,605 483,514 
Loans to individuals1,297,206 — 449 — — 449 1,297,655 
Automobile and recreational vehicles1,210,090 — 361 — — 361 1,210,451 
Consumer credit cards10,657 — — — — — 10,657 
Consumer other76,459 — 88 — — 88 76,547 
Total loans and leases$7,509,280 $88,416 $44,447 $— $— $132,863 $7,642,143 
  
Credit Risk Profile Vintage by Creditworthiness The following table summarizes the loan risk rating category by loan type including term loans on an amortized cost basis by origination year:
March 31, 2023
Term LoansRevolving Loans
20232022202120202019PriorTotal
(dollars in thousands)
Time and demand$48,152 $229,873 $173,699 $84,221 $92,893 $108,814 $516,663 $1,254,315 
Pass48,152 215,243 163,441 73,274 82,030 104,781 465,124 1,152,045 
OAEM— 14,630 2,806 1,547 1,604 1,224 41,843 63,654 
Substandard— — 7,452 9,400 9,259 2,809 9,696 38,616 
Gross charge-offs— — — — — (14)(241)(255)
Gross recoveries— — — 34 4 78 — 116 
Commercial credit cards— — — — — — 13,706 13,706 
Pass— — — — — — 13,706 13,706 
Gross charge-offs— — — — — — (26)(26)
Gross recoveries— — — — — — 2 2 
March 31, 2023
Term LoansRevolving Loans
20232022202120202019PriorTotal
(dollars in thousands)
Equipment finance33,014 76,207 — — — — — 109,221 
Pass33,014 76,006 — — — — — 109,020 
Substandard— 201 — — — — — 201 
Gross charge-offs— (45)— — — — — (45)
Gross recoveries— — — — — — — — 
Time and demand other2,251 5,879 19,698 20,130 3,624 39,653 2,602 93,837 
Pass2,251 5,879 19,698 20,130 3,624 39,625 2,602 93,809 
Substandard— — — — — 28 — 28 
Gross charge-offs— — — — — — (337)(337)
Gross recoveries— — — — — — 41 41 
Construction other2,156 117,145 201,349 65,640 21,922 14,310 309 422,831 
Pass2,156 117,145 199,711 65,640 21,922 14,310 309 421,193 
OAEM— — 1,638 — — — — 1,638 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — — — — 
Construction residential1,842 103,518 4,429 5,376 3,208 — 698 119,071 
Pass1,842 103,518 4,429 5,376 3,208 — 698 119,071 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — — — — 
Residential first lien26,936 300,936 559,299 339,378 102,937 328,714 2,233 1,660,433 
Pass26,936 300,872 557,367 339,288 102,120 325,707 1,969 1,654,259 
OAEM— — 1,571 — 130 341 77 2,119 
Substandard— 64 361 90 687 2,666 187 4,055 
Gross charge-offs— (1)— (4)(1)(10)— (16)
Gross recoveries— — — — — 26 — 26 
Residential junior lien/home equity10,373 77,342 49,009 1,563 3,220 6,260 515,667 663,434 
Pass10,373 77,342 49,009 1,563 3,155 6,181 511,530 659,153 
Substandard— — — — 65 79 4,137 4,281 
Gross charge-offs— — — — — — (63)(63)
Gross recoveries— — — — — 1 11 12 
Multifamily1,863 154,628 101,627 79,771 32,764 111,833 1,707 484,193 
Pass1,863 154,628 101,627 79,771 32,764 111,308 1,707 483,668 
OAEM— — — — — 479 — 479 
Substandard— — — — — 46 — 46 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — — — — 
Nonowner occupied37,368 401,997 214,359 163,827 247,824 742,094 9,984 1,817,453 
Pass37,368 401,523 214,359 159,321 246,350 697,715 8,822 1,765,458 
OAEM— — — 4,506 1,474 21,219 1,002 28,201 
Substandard— 474 — — — 23,160 160 23,794 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — 38 — 38 
Owner occupied23,235 163,650 140,176 95,510 67,131 190,969 9,613 690,284 
Pass23,235 163,055 139,972 88,836 56,667 186,685 9,502 667,952 
OAEM— 595 182 5,089 9,798 1,123 33 16,820 
Substandard— — 22 1,585 666 3,161 78 5,512 
Gross charge-offs— — — — — — — — 
Gross recoveries— — — — — 4 — 4 
March 31, 2023
Term LoansRevolving Loans
20232022202120202019PriorTotal
(dollars in thousands)
Automobile and recreational vehicles129,646 575,915 304,240 157,298 59,302 18,473 — 1,244,874 
Pass129,646 575,889 304,197 157,204 59,184 18,399 — 1,244,519 
Substandard— 26 43 94 118 74 — 355 
Gross charge-offs— (266)(199)(196)(102)(39)— (802)
Gross recoveries— 60 80 92 98 60 — 390 
Consumer credit cards— — — — — — 9,886 9,886 
Pass— — — — — — 9,886 9,886 
Gross charge-offs— — — — — — (66)(66)
Gross recoveries— — — — — — 17 17 
Consumer other1,792 5,998 16,226 2,185 2,943 4,818 39,445 73,407 
Pass1,792 5,998 16,226 2,185 2,924 4,814 39,394 73,333 
Substandard— — — — 19 4 51 74 
Gross charge-offs— (44)(27)(3)(19)(6)(174)(273)
Gross recoveries— — — 1 4 18 41 64 
Total loans and leases$318,628 $2,213,088 $1,784,111 $1,014,899 $637,768 $1,565,938 $1,122,513 $8,656,945 
Total charge-offs— (356)(226)(203)(122)(69)(907)(1,883)
Total recoveries— 60 80 127 106 225 112 710 
  
Age Analysis of Past Due Loans by Segment
The following tables delineate the aging analysis of the recorded investments in past due loans as of March 31, 2023 and December 31, 2022. Also included in these tables are loans that are 90 days or more past due and still accruing because they are well-secured and in the process of collection.
 March 31, 2023
 30 - 59 days past due60 - 89 days past due90 days or greater and still accruingNonaccrualTotal past due and nonaccrualCurrentTotal
 (dollars in thousands)
Commercial, financial, agricultural and other$1,470 $311 $551 $12,364 $14,696 $1,456,383 $1,471,079 
Time and demand1,462 293 548 12,163 14,466 1,239,849 1,254,315 
Commercial credit cards6 18 1 — 25 13,681 13,706 
Equipment finance— — — 201 201 109,020 109,221 
Time and demand other2 — 2 — 4 93,833 93,837 
Real estate construction833 — — — 833 541,069 541,902 
Construction other— — — — — 422,831 422,831 
Construction residential833 — — — 833 118,238 119,071 
Residential real estate3,787 1,821 280 7,655 13,543 2,310,324 2,323,867 
Residential first lien1,934 1,188 61 3,543 6,726 1,653,707 1,660,433 
Residential junior lien/home equity1,853 633 219 4,112 6,817 656,617 663,434 
Commercial real estate4,623 21 — 23,786 28,430 2,963,500 2,991,930 
Multifamily68 — — — 68 484,125 484,193 
Nonowner occupied1,941 — — 21,111 23,052 1,794,401 1,817,453 
Owner occupied2,614 21 — 2,675 5,310 684,974 690,284 
Loans to individuals2,141 802 609 429 3,981 1,324,186 1,328,167 
Automobile and recreational vehicles1,786 586 205 355 2,932 1,241,942 1,244,874 
Consumer credit cards41 40 — — 81 9,805 9,886 
Consumer other314 176 404 74 968 72,439 73,407 
Total loans and leases$12,854 $2,955 $1,440 $44,234 $61,483 $8,595,462 $8,656,945 
 
 December 31, 2022
 30 - 59 days past due60 - 89 days past due90 days or greater and still accruingNonaccrualTotal past due and nonaccrual CurrentTotal
 (dollars in thousands)
Commercial, financial, agricultural and other$1,233 $279 $355 $2,374 $4,241 $1,207,465 $1,211,706 
Time and demand1,121 270 352 2,374 4,117 1,019,707 1,023,824 
Commercial credit cards27 9 — — 36 13,884 13,920 
Equipment finance— — — — — 79,674 79,674 
Time and demand other85 — 3 — 88 94,200 94,288 
Real estate construction502 — — — 502 512,599 513,101 
Construction other— — — — — 395,439 395,439 
Construction residential502 — — — 502 117,160 117,662 
Residential real estate3,023 1,178 811 5,683 10,695 2,183,974 2,194,669 
Residential first lien1,547 771 214 3,369 5,901 1,541,291 1,547,192 
Residential junior lien/home equity1,476 407 597 2,314 4,794 642,683 647,477 
Commercial real estate7,870 25 93 20,539 28,527 2,396,485 2,425,012 
Multifamily202 — — — 202 430,949 431,151 
Nonowner occupied7,547 — 92 19,575 27,214 1,483,133 1,510,347 
Owner occupied121 25 1 964 1,111 482,403 483,514 
Loans to individuals3,268 571 732 449 5,020 1,292,635 1,297,655 
Automobile and recreational vehicles2,694 368 295 361 3,718 1,206,733 1,210,451 
Consumer credit cards53 29 5 — 87 10,570 10,657 
Consumer other521 174 432 88 1,215 75,332 76,547 
Total loans and leases$15,896 $2,053 $1,991 $29,045 $48,985 $7,593,158 $7,642,143 
  
Recorded Investment and Unpaid Principal Balance for Impaired Loans with Associated Allowance The following tables include the recorded investment and unpaid principal balance for nonperforming loans with the associated allowance amount, if applicable, as of March 31, 2023 and December 31, 2022. Also presented are the average recorded investment in nonperforming loans and the related amount of interest recognized while the loan was considered nonperforming. Average balances are calculated using month-end balances of the loans for the period reported and are included in the table below based on their period-end allowance position. The increase in nonperforming loans is primarily a result of $14.9 million in loans acquired from Centric, offset by the removal of $6.4 million in accruing troubled debt restructurings ("TDR's"). The TDR's were eliminated as a result of our adoption of ASU 2022-02, Financial Instruments Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ("ASU 2022-02"). This standard was adopted on January 1, 2023 and eliminates the accounting guidance for TDR's while enhancing disclosure requirements for loan modifications for borrowers experiencing financial difficulty.
 March 31, 2023December 31, 2022
 Recorded
investment		Unpaid
principal
balance		Related
allowance		Recorded
investment		Unpaid
principal
balance		Related
allowance
 (dollars in thousands)
With no related allowance recorded:
Commercial, financial, agricultural and other$1,808 $10,187 $3,141 $9,555 
Time and demand1,607 9,978 3,141 9,555 
Equipment finance201 209 — — 
Time and demand other— — — — 
Real estate construction— — — — 
Construction other— — — — 
Construction residential— — — — 
Residential real estate6,419 8,312 9,145 11,010 
Residential first lien3,543 4,633 5,754 6,848 
Residential junior lien/home equity2,876 3,679 3,391 4,162 
Commercial real estate22,689 25,685 21,505 24,119 
Multifamily— — — — 
Nonowner occupied20,938 23,063 20,155 22,565 
Owner occupied1,751 2,622 1,350 1,554 
Loans to individuals429 470 528 563 
Automobile and recreational vehicles355 396 440 475 
Consumer other74 74 88 88 
Subtotal31,345 44,654 34,319 45,247 
With an allowance recorded:
Commercial, financial, agricultural and other10,556 13,881 $9,071 1,168 1,186 $711 
Time and demand10,556 13,881 9,071 1,168 1,186 711 
Equipment finance— — — — — — 
Time and demand other— — — — — — 
Real estate construction— — — — — — 
Construction other— — — — — — 
Construction residential— — — — — — 
Residential real estate1,237 1,406 103 — — — 
Residential first lien— — — — — — 
Residential junior lien/home equity1,237 1,406 103 — — — 
Commercial real estate1,096 1,103 588 — — — 
Multifamily— — — — — — 
Nonowner occupied173 212 172 — — — 
Owner occupied923 891 416 — — — 
Loans to individuals— — — — — — 
Automobile and recreational vehicles— — — — — — 
Consumer other— — — — — — 
Subtotal12,889 16,390 9,762 1,168 1,186 711 
Total$44,234 $61,044 $9,762 $35,487 $46,433 $711 
 For the Three Months Ended March 31,
 20232022
 Average
recorded
investment		Interest
income
recognized		Average
recorded
investment		Interest
income
recognized
 (dollars in thousands)
With no related allowance recorded:
Commercial, financial, agricultural and other$1,693 $— $3,561 $29 
Time and demand1,455 — 3,561 29 
Equipment finance238 — — — 
Time and demand other— — — — 
Real estate construction— — — — 
Construction other— — — — 
Construction residential— — — — 
Residential real estate6,069 20 9,201 84 
Residential first lien3,437 20 5,197 62 
Residential junior lien/home equity2,632 — 4,004 22 
Commercial real estate21,974 — 24,312 13 
Multifamily— — — — 
Nonowner occupied20,487 — 22,714 9 
Owner occupied1,487 — 1,598 4 
Loans to individuals432 — 435 4 
Automobile and recreational vehicles356 — 350 4 
Consumer other76 — 85 — 
Subtotal30,168 20 37,509 130 
With an allowance recorded:
Commercial, financial, agricultural and other7,445 — 384 6 
Time and demand7,445 — 384 6 
Equipment finance— — — — 
Time and demand other— — — — 
Real estate construction— — — — 
Construction other— — — — 
Construction residential— — — — 
Residential real estate824 — — — 
Residential first lien— — — — 
Residential junior lien/home equity824 — — — 
Commercial real estate711 — 416 — 
Multifamily— — 416 — 
Nonowner occupied115 — — — 
Owner occupied596 — — — 
Loans to individuals— — — — 
Automobile and recreational vehicles— — — — 
Consumer other— — — — 
Subtotal8,980 — 800 6 
Total$39,148 $20 $38,309 $136 
  
Financing Receivable, Modified [Table Text Block]
The following table presents the amortized cost basis of loan modifications made to borrowers experiencing financial difficulty:
For the Three Months Ended March 31, 2023
Rate ReductionTerm ExtensionPrincipal ForgivenessPayment DeferralTotalPercentage of Total Loans and Leases
(dollars in thousands)
Residential real estate$25 $— $— $— $25 — %
Residential first lien25 — — — 25 — 
Total$25 $— $— $— $25 — %
The following table describes the financial effect of the modifications made to borrowers experiencing financial difficulty:
For the Three Months Ended March 31, 2023
Rate ReductionTerm ExtensionPrincipal ForgivenessPayment Deferral
(dollars in thousands)
Residential real estate(2.25)%0$— — 
Residential first lien(2.25)0— — 
Total(2.25)%0$— — 
  
Financing Receivable, Modified, Past Due The following table shows the payment status of loans that have been modified on or after January 1, 2023, the date we adopted ASU 2022-02:
March 31, 2023
Current30 - 59 days past due60 - 89 days past due90 days or greater and still accruingTotal
(dollars in thousands)
Residential real estate$25 $— $— $— $25 
Residential first lien25 — — — 25 
Total loans and leases$25 $— $— $— $25 
  
Financing Receivable, New Troubled Debt Restructuring
The following tables provide detail, including specific reserves and reasons for modification, related to loans identified as troubled debt restructurings:
 For the Three Months Ended March 31, 2022
  Type of Modification   
 Number
of
Contracts		Extend
Maturity		Modify
Rate		Modify
Payments		Total
Pre-Modification
Outstanding
Recorded
Investment		Post-
Modification
Outstanding
Recorded
Investment		Specific
Reserve
 (dollars in thousands)
Residential real estate2 $— $10 $59 $69 $69 $— 
Residential first lien2 — 10 59 69 69 — 
Total2 $— $10 $59 $69 $69 $— 
  
Allowance for Credit Losses
The following tables provide detail related to the allowance for credit losses:
 For the Three Months Ended March 31, 2023
Beginning balanceAllowance for credit loss on PCD acquired loansCharge-offsRecoveries
Provision (credit)a
Ending balance
(dollars in thousands)
Commercial, financial, agricultural and other$22,650 $15,949 $(663)$159 $4,473 $42,568 
Time and demand20,040 15,949 (255)116 3,615 39,465 
Commercial credit cards335 — (26)2 20 331 
Equipment finance1,086 — (45)— 420 1,461 
Time and demand other1,189 — (337)41 418 1,311 
Real estate construction8,822 287 — — (1,160)7,949 
Construction other6,360 227 — — (696)5,891 
Construction residential2,462 60 — — (464)2,058 
Residential real estate21,412 527 (79)38 875 22,773 
Residential first lien14,822 197 (16)26 795 15,824 
Residential junior lien/home equity6,590 330 (63)12 80 6,949 
Commercial real estate28,804 5,313 — 42 5,218 39,377 
Multifamily4,726 234 — — 581 5,541 
Nonowner occupied16,426 2,739 — 38 2,349 21,552 
Owner occupied7,652 2,340 — 4 2,288 12,284 
Loans to individuals21,218 3 (1,141)471 667 21,218 
Automobile and recreational vehicles18,819 3 (802)390 603 19,013 
Consumer credit cards412 — (66)17 5 368 
Consumer other1,987 — (273)64 59 1,837 
Total loans and leases$102,906 $22,079 $(1,883)$710 $10,073 $133,885 
a) The provision expense (credit) shown here includes the day 1 provision on non-PCD loans acquired from Centric and excludes the provision for off-balance sheet credit exposure included in the income statement.
 For the Three Months Ended March 31, 2022
 Beginning balanceCharge-offsRecoveries
Provision (credit)a
Ending balance
 (dollars in thousands)
Commercial, financial, agricultural and other$18,093 $(475)$80 $3,023 $20,721 
Time and demand15,283 (144)53 3,715 18,907 
Commercial credit cards247 (19)1 113 342 
Equipment finance— — — 31 31 
Time and demand other2,563 (312)26 (836)1,441 
Real estate construction4,220 — — 710 4,930 
Construction other3,278 — — (103)3,175 
Construction residential942 — — 813 1,755 
Residential real estate12,625 (139)29 4,213 16,728 
Residential first lien7,459 (40)23 3,683 11,125 
Residential junior lien/home equity5,166 (99)6 530 5,603 
Commercial real estate33,376 — 14 314 33,704 
Multifamily3,561 — — 49 3,610 
Nonowner occupied24,838 — 5 (1,576)23,267 
Owner occupied4,977 — 9 1,841 6,827 
Loans to individuals24,208 (1,009)366 (8,460)15,105 
Automobile and recreational vehicles21,392 (552)255 (8,460)12,635 
Consumer credit cards496 (109)24 (29)382 
Consumer other2,320 (348)87 29 2,088 
Total loans and leases$92,522 $(1,623)$489 $(200)$91,188 
a) The provision expense (credit) shown here excludes the provision for off-balance sheet credit exposure included in the income statement.
 [1] a) The provision expense (credit) shown here excludes the provision for off-balance sheet credit exposure included in the income statement.
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods A troubled debt restructuring is considered to be in default when a restructured loan is 90 days or more past due. The following table provides information related to loans that were restructured within the past twelve months and that were considered to be in default during the three months ended March 31:
 2022
 Number of
Contracts		Recorded
Investment
 (dollars in thousands)
Residential real estate1 $17 
Residential first lien1 17 
Total1 $17 
  
[1] a) The provision expense (credit) shown here includes the day 1 provision on non-PCD loans acquired from Centric and excludes the provision for off-balance sheet credit exposure included in the income statement.