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Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Allowance for Credit Losses
Activity in the allowance for credit losses is summarized as follows:
 Three Months Ended June 30, 2023
(In thousands)Beginning
Balance
Initial Allowance on PCD Loans Acquired During the Period 1
Provision
for Credit
Losses
Charge-
Offs
RecoveriesEnding
Balance
Construction and land development$6,540 $— $414 $— $$6,960 
Commercial real estate - owner-occupied6,292 — 125 — 6,418 
Commercial real estate - non-owner occupied53,575 — 423 — 105 54,103 
Residential real estate39,894 — (3,248)(109)173 36,710 
Commercial and financial31,593 5,544 2,202 (727)1,660 40,272 
Consumer17,746 — (680)(1,904)90 15,252 
Totals$155,640 $5,544 $(764)$(2,740)$2,035 $159,715 
1 Amount represents a measurement period adjustment of a PCD loan acquired through the acquisition of Professional, see Note 11 - Business Combinations
 Three Months Ended June 30, 2022
(In thousands)Beginning
Balance
Provision
for Credit
Losses
Charge-
Offs
RecoveriesTDR
Allowance
Adjustments
Ending
Balance
Construction and land development2,268 230 — 54 — 2,552 
Commercial real estate - owner occupied9,294 (1,918)— — — 7,376 
Commercial real estate - non-owner occupied43,922 2,528 — — 46,459 
Residential real estate14,075 648 112 (14)14,821 
Commercial and financial17,727 (500)(253)171 (1)17,144 
Consumer2,552 (166)(199)230 — 2,417 
Totals$89,838 $822 $(452)$576 $(15)$90,769 
Six Months Ended June 30, 2023
(In thousands)Beginning
Balance
Initial Allowance on PCD Loans Acquired During the PeriodProvision
for Credit
Losses
Charge-
Offs
RecoveriesEnding
Balance
Construction and land development$6,464 $$483 $— $$6,960 
Commercial real estate - owner occupied6,051 139 226 — 6,418 
Commercial real estate - non-owner occupied43,258 647 10,138 (109)169 54,103 
Residential real estate29,605 400 6,650 (268)323 36,710 
Commercial and financial15,648 17,527 8,616 (3,369)1,850 40,272 
Consumer12,869 161 4,721 (2,599)100 15,252 
Totals$113,895 $18,879 $30,834 $(6,345)$2,452 $159,715 
Six Months Ended June 30, 2022
(In thousands)Beginning BalanceAllowance on PCD Loans Acquired During the PeriodProvision for Credit LossesCharge- OffsRecoveriesTDR Allowance AdjustmentsEnding Balance
Construction and land development$2,751 $— $(263)$— $64 $— $2,552 
Commercial real estate - owner occupied8,579 — (1,203)— — — 7,376 
Commercial real estate - non-owner occupied36,617 31 9,802 — — 46,459 
Residential real estate12,811 17 1,708 (1)303 (17)14,821 
Commercial and financial19,744 (2,128)(822)348 (1)17,144 
Consumer2,813 — (538)(294)438 (2)2,417 
Totals$83,315 $51 $7,378 $(1,117)$1,162 $(20)$90,769 
Schedule of Loan Portfolio, Excluding PCI Loans and Related Allowance
The allowance for credit losses is composed of specific allowances for loans individually evaluated and general allowances for loans grouped into loan pools based on similar characteristics, which are collectively evaluated. The Company’s loan portfolio and related allowance at June 30, 2023 and December 31, 2022 are shown in the following tables:
 June 30, 2023
 Individually Evaluated Collectively EvaluatedTotal
(In thousands)Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Construction and land development$430 $107 $793,941 $6,853 $794,371 $6,960 
Commercial real estate - owner occupied6,261 15 1,663,108 6,403 1,669,369 6,418 
Commercial real estate - non-owner occupied8,670 318 3,361,541 53,785 3,370,211 54,103 
Residential real estate11,775 22 2,384,577 36,688 2,396,352 36,710 
Commercial and financial40,162 20,009 1,575,372 20,263 1,615,534 40,272 
Consumer2,271 2,081 269,811 13,171 272,082 15,252 
Totals$69,569 $22,552 $10,048,350 $137,163 $10,117,919 $159,715 

 December 31, 2022
 Individually Evaluated Collectively Evaluated
 Total
(In thousands)Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Recorded
Investment
Associated
Allowance
Construction and land development$59 $— $587,273 $6,464 $587,332 $6,464 
Commercial real estate - owner occupied3,346 41 1,474,956 6,010 1,478,302 6,051 
Commercial real estate - non-owner occupied4,183 230 2,585,591 43,028 2,589,774 43,258 
Residential real estate11,333 275 1,838,170 29,330 1,849,503 29,605 
Commercial and financial12,167 2,639 1,341,059 13,009 1,353,226 15,648 
Consumer426 362 286,161 12,507 286,587 12,869 
Totals$31,514 $3,547 $8,113,210 $110,348 $8,144,724 $113,895