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Allowance for Credit Losses (Tables)
3 Months Ended
Mar. 31, 2023
Receivables [Abstract]  
Roll forward of the allowance for loan losses
The following tables provide a roll-forward of the allowance for credit losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s credit loss methodology for the periods presented:
CommercialReal Estate -
Construction
Real Estate -
1-4 Family
Mortgage
Real Estate  -
Commercial
Mortgage
Lease FinancingInstallment
Loans to Individuals
Total
Three Months Ended March 31, 2023
Allowance for credit losses:
Beginning balance$44,255 $19,114 $44,727 $71,798 $2,463 $9,733 $192,090 
Initial impact of purchased credit deteriorated (“PCD”) loans acquired
(26)— — — — — (26)
Charge-offs(529)— (3)(5,115)— (810)(6,457)
Recoveries725 — 24 211 760 1,725 
Net (charge-offs) recoveries196 — 21 (4,904)(50)(4,732)
Provision for (recovery of) credit losses on loans253 845 1,233 5,876 (31)(216)7,960 
Ending balance$44,678 $19,959 $45,981 $72,770 $2,437 $9,467 $195,292 
Period-End Amount Allocated to:
Individually evaluated$14,162 $35 $608 $1,734 $— $270 $16,809 
Collectively evaluated 30,516 19,924 45,373 71,036 2,437 9,197 178,483 
Ending balance$44,678 $19,959 $45,981 $72,770 $2,437 $9,467 $195,292 
Loans:
Individually evaluated$24,985 $652 $12,637 $10,375 $— $274 $48,923 
Collectively evaluated 1,715,793 1,423,700 3,266,343 5,075,438 121,146 115,082 11,717,502 
Ending balance$1,740,778 $1,424,352 $3,278,980 $5,085,813 $121,146 $115,356 $11,766,425 
Nonaccruing loans with no allowance for credit losses$768 $— $9,710 $5,511 $— $$15,994 
CommercialReal Estate -
Construction
Real Estate -
1-4 Family
Mortgage
Real Estate  -
Commercial
Mortgage
Lease FinancingInstallment Loans to IndividualsTotal
Three Months Ended March 31, 2022
Allowance for credit losses:
Beginning balance$33,922 $16,419 $32,356 $68,940 $1,486 $11,048 $164,171 
Initial impact of PCD loans acquired1,648 — — — — — 1,648 
Charge-offs(2,102)— (163)(6)(7)(779)(3,057)
Recoveries1,136 — 178 155 12 725 2,206 
Net (charge-offs) recoveries(966)— 15 149 (54)(851)
(Recovery of) provision for credit losses on loans(998)1,992 4,477 (3,858)91 (204)1,500 
Ending balance$33,606 $18,411 $36,848 $65,231 $1,582 $10,790 $166,468 
Period-End Amount Allocated to:
Individually evaluated$9,225 $— $396 $2,660 $— $570 $12,851 
Collectively evaluated24,381 18,411 36,452 62,571 1,582 10,220 153,617 
Ending balance$33,606 $18,411 $36,848 $65,231 $1,582 $10,790 $166,468 
Loans:
Individually evaluated$13,070 $— $4,477 $15,464 $— $570 $33,581 
Collectively evaluated1,432,537 1,222,052 2,836,502 4,562,400 89,842 136,545 10,279,878 
Ending balance$1,445,607 $1,222,052 $2,840,979 $4,577,864 $89,842 $137,115 $10,313,459 
Nonaccruing loans with no allowance for credit losses$435 $— $2,614 $5,298 $— $$8,349 
Unfunded loan commitments, allowance for credit losses
The following table provides a roll-forward of the allowance for credit losses on unfunded loan commitments for the periods presented.
Three Months Ended March 31,20232022
Allowance for credit losses on unfunded loan commitments:
Beginning balance$20,118 $20,035 
Recovery of credit losses on unfunded loan commitments (included in other noninterest expense) (1,500)(550)
Ending balance$18,618 $19,485