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Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Schedule of 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 June 30, 2024
Allowance for credit losses:
Beginning balance$45,921 $17,317 $47,566 $78,725 $2,554 $8,969 $201,052 
Charge-offs(186)— (208)(5,727)— (251)(6,372)
Recoveries525 — 25 99 10 232 891 
Net (charge-offs) recoveries339 — (183)(5,628)10 (19)(5,481)
Provision for (recovery of) credit losses on loans(1,309)1,579 38 4,028 (49)13 4,300 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Six Months Ended June 30, 2024
Allowance for credit losses:
Beginning balance$43,980 $18,612 $47,283 $77,020 $2,515 $9,168 $198,578 
Charge-offs(535)(290)(5,727)(730)(7,282)
Recoveries871 73 105 18 570 1,637 
Net (charge-offs) recoveries336 — (217)(5,622)18 (160)(5,645)
Provision for (recovery of) credit losses on loans635 284 355 5,727 (18)(45)6,938 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Period-End Amount Allocated to:
Individually evaluated$8,514 $— $— $1,220 $— $270 $10,004 
Collectively evaluated 36,437 18,896 47,421 75,905 2,515 8,693 189,867 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Loans:
Individually evaluated$14,211 $— $6,942 $32,579 $— $270 $54,002 
Collectively evaluated 1,833,551 1,355,425 3,428,876 5,733,899 102,996 96,006 12,550,753 
Ending balance$1,847,762 $1,355,425 $3,435,818 $5,766,478 $102,996 $96,276 $12,604,755 
Nonaccruing loans with no allowance for credit losses$230 $— $6,318 $20,640 $— $— $27,188 
CommercialReal Estate -
Construction
Real Estate -
1-4 Family
Mortgage
Real Estate  -
Commercial
Mortgage
Lease FinancingInstallment Loans to IndividualsTotal
Three Months Ended June 30, 2023
Allowance for credit losses:
Beginning balance$44,678 $19,959 $45,981 $72,770 $2,437 $9,467 $195,292 
Charge-offs(4,939)(57)(212)(397)— (580)(6,185)
Recoveries1,274 — 170 278 556 2,284 
Net (charge-offs) recoveries(3,665)(57)(42)(119)(24)(3,901)
Provision for (recovery of) credit losses on loans297 (777)495 3,016 37 (68)3,000 
Ending balance$41,310 $19,125 $46,434 $75,667 $2,480 $9,375 $194,391 
Six Months Ended June 30, 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 loans acquired during the period(26)— — — — — (26)
Charge-offs(5,468)(57)(215)(5,512)— (1,390)(12,642)
Recoveries1,999 — 194 489 11 1,316 4,009 
Net (charge-offs) recoveries(3,469)(57)(21)(5,023)11 (74)(8,633)
Provision for (recovery of) credit losses on loans550 68 1,728 8,892 (284)10,960 
Ending balance$41,310 $19,125 $46,434 $75,667 $2,480 $9,375 $194,391 
Period-End Amount Allocated to:
Individually evaluated$10,773 $— $703 $1,269 $— $270 $13,015 
Collectively evaluated30,537 19,125 45,731 74,398 2,480 9,105 181,376 
Ending balance$41,310 $19,125 $46,434 $75,667 $2,480 $9,375 $194,391 
Loans:
Individually evaluated$21,418 $— $13,545 $40,239 $— $270 $75,472 
Collectively evaluated1,707,652 1,369,019 3,335,109 5,212,240 122,370 108,654 11,855,044 
Ending balance$1,729,070 $1,369,019 $3,348,654 $5,252,479 $122,370 $108,924 $11,930,516 
Nonaccruing loans with no allowance for credit losses$2,021 $— $10,516 $3,969 $— $— $16,506 
Schedule of Unfunded Loan Commitments, Allowance for Credit Losses
The following tables provide a roll-forward of the allowance for credit losses on unfunded loan commitments for the periods presented.
Three Months Ended June 30,20242023
Allowance for credit losses on unfunded loan commitments:
Beginning balance$16,718 $18,618 
Recovery of credit losses on unfunded loan commitments(1,000)(1,000)
Ending balance$15,718 $17,618 
Six Months Ended June 30,20242023
Allowance for credit losses on unfunded loan commitments:
Beginning balance$16,918 $20,118 
Recovery of credit losses on unfunded loan commitments(1,200)(2,500)
Ending balance$15,718 $17,618