Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of Allowance for Credit Losses

Activity in the allowance for credit losses is summarized as follows:

	Three Months Ended June 30, 2024
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		Ending Balance
Construction and land development	$	7,001	$	(1,515)	$	(1)	$	8	$	5,493
Commercial real estate - owner occupied	10,017		1,866		(302)		1		11,582
Commercial real estate - non-owner occupied	46,601		(1,254)		(19)		106		45,434
Residential real estate	38,628		638		(122)		65		39,209
Commercial and financial	30,707		4,706		(7,950)		966		28,429
Consumer	13,715		477		(3,031)		333		11,494
Totals	$	146,669	$	4,918	$	(11,425)	$	1,479	$	141,641

	Three Months Ended June 30, 2023
(In thousands)	Beginning Balance		Allowance on PCD Loans Acquired During the Period 1		Provision for Credit Losses		Charge- Offs		Recoveries		Ending Balance
Construction and land development	$	6,540	$	—	$	414	$	—	$	6	$	6,960
Commercial real estate - owner occupied	6,292		—		125		—		1		6,418
Commercial real estate - non-owner occupied	53,575		—		423		—		105		54,103
Residential real estate	39,894		—		(3,248)		(109)		173		36,710
Commercial and financial	31,593		5,544		2,202		(727)		1,660		40,272
Consumer	17,746		—		(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.

	Six Months Ended June 30, 2024
(In thousands)	Beginning Balance		Provision for Credit Losses		Charge- Offs		Recoveries		Ending Balance
Construction and land development	$	8,637	$	(3,155)	$	(1)	$	12	$	5,493
Commercial real estate - owner occupied	5,529		6,350		(302)		5		11,582
Commercial real estate - non-owner occupied	48,288		(2,875)		(103)		124		45,434
Residential real estate	39,016		7		(122)		308		39,209
Commercial and financial	34,343		3,205		(10,606)		1,487		28,429
Consumer	13,118		2,754		(4,919)		541		11,494
Totals	$	148,931	$	6,286	$	(16,053)	$	2,477	$	141,641

	Six Months Ended June 30, 2023
(In thousands)	Beginning Balance		Allowance on PCD Loans Acquired During the Period		Provision for Credit Losses		Charge- Offs		Recoveries		Ending Balance
Construction and land development	$	6,464	$	5	$	483	$	—	$	8	$	6,960
Commercial real estate - owner occupied	6,051		139		226		—		2		6,418
Commercial real estate - non-owner occupied	43,258		647		10,138		(109)		169		54,103
Residential real estate	29,605		400		6,650		(268)		323		36,710
Commercial and financial	15,648		17,527		8,616		(3,369)		1,850		40,272
Consumer	12,869		161		4,721		(2,599)		100		15,252
Totals	$	113,895	$	18,879	$	30,834	$	(6,345)	$	2,452	$	159,715