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Loans (Tables)
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Schedule of Portfolio Loans, Purchased Credit Impaired Loans and Purchased Unimpaired Loans
The following tables present net loan balances by segment for portfolio loans, purchased credit deteriorated loans (“PCD”) and loans purchased which are not considered credit deteriorated (“Non-PCD”) as of:

 September 30, 2024
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$495,458 $99,756 $539 $595,753 
Commercial real estate - owner occupied1,150,809 493,986 32,019 1,676,814 
Commercial real estate - non-owner occupied2,228,137 1,214,092 130,847 3,573,076 
Residential real estate1,811,941 734,399 18,563 2,564,903 
Commercial and financial1,332,939 213,109 29,180 1,575,228 
Consumer158,902 60,293 312 219,507 
Totals$7,178,186 $2,815,635 $211,460 $10,205,281 
 December 31, 2023
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$519,426 $247,654 $542 $767,622 
Commercial real estate - owner occupied1,079,633 552,627 38,021 1,670,281 
Commercial real estate - non-owner occupied1,844,588 1,323,222 152,080 3,319,890 
Residential real estate1,714,748 710,129 20,815 2,445,692 
Commercial and financial1,237,090 318,683 52,115 1,607,888 
Consumer175,969 74,854 744 251,567 
Totals$6,571,454 $3,227,169 $264,317 $10,062,940 
Schedule of Past Due Financing Receivables
The following tables present the status of net loan balances as of September 30, 2024 and December 31, 2023.
 September 30, 2024
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$495,240 $— $— $— $218 $495,458 
Commercial real estate - owner occupied1,147,263 496 835 — 2,215 1,150,809 
Commercial real estate - non-owner occupied2,224,884 — — — 3,253 2,228,137 
Residential real estate1,789,154 11,571 2,175 — 9,041 1,811,941 
Commercial and financial1,317,596 2,844 175 148 12,176 1,332,939 
Consumer157,309 615 470 508 158,902 
Total Portfolio Loans$7,131,446 $15,526 $3,655 $148 $27,411 $7,178,186 
Acquired Non-PCD Loans
Construction and land development$97,011 $2,219 $— $— $526 $99,756 
Commercial real estate - owner occupied489,257 1,380 613 — 2,736 493,986 
Commercial real estate - non-owner occupied1,203,625 2,059 642 — 7,766 1,214,092 
Residential real estate713,224 9,684 269 646 10,576 734,399 
Commercial and financial208,981 395 749 35 2,949 213,109 
Consumer54,072 2,515 1,706 1,084 916 60,293 
 Total Acquired Non-PCD Loans$2,766,170 $18,252 $3,979 $1,765 $25,469 $2,815,635 
PCD Loans
Construction and land development$45 $400 $— $— $94 $539 
Commercial real estate - owner occupied27,304 — — — 4,715 32,019 
Commercial real estate - non-owner occupied107,265 2,554 — 3,341 17,687 130,847 
Residential real estate16,880 63 168 — 1,452 18,563 
Commercial and financial24,367 803 — 31 3,979 29,180 
Consumer253 9 — — 50 312 
Total PCD Loans$176,114 $3,829 $168 $3,372 $27,977 $211,460 
Total Loans$10,073,730 $37,607 $7,802 $5,285 $80,857 $10,205,281 
 
 December 31, 2023
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$519,383 $19 $— $— $24 $519,426 
Commercial real estate - owner occupied1,078,732 — — — 901 1,079,633 
Commercial real estate - non-owner occupied1,840,485 685 — — 3,418 1,844,588 
Residential real estate1,701,862 4,373 1,515 169 6,829 1,714,748 
Commercial and financial1,221,941 1,372 145 50 13,582 1,237,090 
Consumer174,798 763 290 — 118 175,969 
 Total Portfolio Loans$6,537,201 $7,212 $1,950 $219 $24,872 $6,571,454 
Acquired Non-PCD Loans
Construction and land development$245,674 $891 $289 $— $800 $247,654 
Commercial real estate - owner occupied545,374 1,691 133 — 5,429 552,627 
Commercial real estate - non-owner occupied1,310,100 11,577 — — 1,545 1,323,222 
Residential real estate704,417 2,586 888 153 2,085 710,129 
Commercial and financial315,229 50 36 35 3,333 318,683 
Consumer71,986 568 618 618 1,064 74,854 
 Total Acquired Non-PCD Loans$3,192,780 $17,363 $1,964 $806 $14,256 $3,227,169 
PCD Loans
Construction and land development$442 $100 $— $— $— $542 
Commercial real estate - owner occupied34,667 — — — 3,354 38,021 
Commercial real estate - non-owner occupied148,308 — — — 3,772 152,080 
Residential real estate18,923 497 169 154 1,072 20,815 
Commercial and financial34,337 — — — 17,778 52,115 
Consumer651 85 8 — — 744 
 Total PCD Loans$237,328 $682 $177 $154 $25,976 $264,317 
Total Loans$9,967,309 $25,257 $4,091 $1,179 $65,104 $10,062,940 
Schedule of Nonaccrual Loans by Loan Category
The following tables present net balances of loans on nonaccrual status and the related allowance for credit losses, if any, as of:
September 30, 2024
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual LoansAllowance for Credit Losses
Construction and land development$94 $744 $838 $177 
Commercial real estate - owner occupied2,664 7,002 9,666 1,188 
Commercial real estate - non-owner occupied25,452 3,254 28,706 1,715 
Residential real estate6,379 14,690 21,069 562 
Commercial and financial3,571 15,533 19,104 6,676 
Consumer— 1,474 1,474 221 
Totals $38,160 $42,697 $80,857 $10,539 
December 31, 2023
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual LoansAllowance for Credit Losses
Construction and land development$— $824 $824 $— 
Commercial real estate - owner occupied4,859 4,825 9,684 41 
Commercial real estate - non-owner occupied3,938 4,797 8,735 230 
Residential real estate1,792 8,194 9,986 58 
Commercial and financial4,868 29,825 34,693 2,319 
Consumer— 1,182 1,182 257 
Totals$15,457 $49,647 $65,104 $2,905 
Schedule of Risk Categories of Loans by Class of Loans
The following tables present the risk rating of loans and year-to-date1 gross charge offs by year of origination as of:
September 30, 2024
(In thousands)20242023202220212020PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$65,374 $130,253 $191,784 $40,202 $9,268 $41,567 $116,021 $594,469 
Special Mention— — — — — 46 — 46 
Substandard— — 188 95 — 955 — 1,238 
Doubtful— — — — — — — — 
Total$65,374 $130,253 $191,972 $40,297 $9,268 $42,568 $116,021 $595,753 
Gross Charge Offs$— $— $— $— $— $1 $— $1 
Commercial real estate - owner occupied
Risk Ratings:
Pass$137,538 $142,285 $268,777 $267,741 $160,404 $644,931 $18,034 $1,639,710 
Special Mention— — 1,640 700 2,006 6,778 351 11,475 
Substandard— 1,068 2,446 1,218 5,916 14,981 — 25,629 
Doubtful— — — — — — — — 
Total$137,538 $143,353 $272,863 $269,659 $168,326 $666,690 $18,385 $1,676,814 
Gross Charge Offs$— $— $179 $— $— $125 $— $304 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$335,560 $237,198 $863,032 $655,870 $252,978 $1,069,483 $23,468 $3,437,589 
Special Mention29 — 20,248 6,323 16,765 33,324 — 76,689 
Substandard— — 10,522 9,685 11,312 25,337 — 56,856 
Doubtful— — — — — 1,942 — 1,942 
Total$335,589 $237,198 $893,802 $671,878 $281,055 $1,130,086 $23,468 $3,573,076 
Gross Charge Offs$— $— $— $— $89 $616 $— $705 
Residential real estate
Risk Ratings:
Pass$100,622 $174,995 $500,327 $640,263 $156,208 $454,794 $506,576 $2,533,785 
Special Mention176 581 — — 23 436 6,669 7,885 
Substandard— 850 4,972 353 115 7,063 9,880 23,233 
Doubtful— — — — — — — — 
Total$100,798 $176,426 $505,299 $640,616 $156,346 $462,293 $523,125 $2,564,903 
Gross Charge Offs$— $— $— $— $40 $62 $26 $128 
Commercial and financial
Risk Ratings:
Pass$237,737 $212,954 $282,492 $248,791 $93,641 $117,672 $329,015 $1,522,302 
Special Mention— 759 2,211 3,023 557 2,154 866 9,570 
Substandard— — 9,272 11,279 6,187 10,830 5,788 43,356 
Doubtful— — — — — — — — 
Total$237,737 $213,713 $293,975 $263,093 $100,385 $130,656 $335,669 $1,575,228 
Gross Charge Offs$— $— $2,747 $10,723 $— $2,621 $695 $16,786 
Consumer
Risk Ratings:
Pass$12,300 $15,159 $39,439 $30,070 $15,109 $37,971 $63,234 $213,282 
Special Mention52 29 1,067 402 18 312 157 2,037 
Substandard81 63 2,382 1,131 116 340 75 4,188 
Doubtful— — — — — — — — 
Total$12,433 $15,251 $42,888 $31,603 $15,243 $38,623 $63,466 $219,507 
Gross Charge Offs$484 $394 $2,257 $3,132 $187 $100 $159 $6,713 
Consolidated
Total$889,469 $916,194 $2,200,799 $1,917,146 $730,623 $2,470,916 $1,080,134 $10,205,281 
Gross Charge Offs$484 $394 $5,183 $13,855 $316 $3,525 $880 $24,637 
1 Represents gross charge-offs for the nine months ended September 30, 2024.
December 31, 2023
(In thousands)20232022202120202019PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$80,750 $295,043 $107,158 $20,199 $21,942 $28,902 $210,716 $764,710 
Special Mention— 1,407 — — — 393 289 2,089 
Substandard— — — — — 499 324 823 
Doubtful— — — — — — — — 
Total$80,750 $296,450 $107,158 $20,199 $21,942 $29,794 $211,329 $767,622 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - owner occupied
Risk Ratings:
Pass$145,642 $272,384 $281,870 $165,475 $171,897 $551,177 $36,952 $1,625,397 
Special Mention— 159 1,335 — 524 9,122 1 11,141 
Substandard— 6,024 1,057 6,991 7,116 12,491 64 33,743 
Doubtful— — — — — — — — 
Total$145,642 $278,567 $284,262 $172,466 $179,537 $572,790 $37,017 $1,670,281 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$234,226 $784,525 $657,499 $288,747 $397,031 $841,062 $25,954 $3,229,044 
Special Mention— 29,381 2,092 2,964 — 12,120 — 46,557 
Substandard— 685 8,723 9,398 10,427 14,806 250 44,289 
Doubtful— — — — — — — — 
Total$234,226 $814,591 $668,314 $301,109 $407,458 $867,988 $26,204 $3,319,890 
Gross Charge Offs$— $— $11 $— $— $— $109 $120 
Residential real estate
Risk Ratings:
Pass$177,000 $450,366 $649,086 $160,889 $95,288 $413,719 $479,047 $2,425,395 
Special Mention208 — — — 58 482 4,004 4,752 
Substandard95 — 919 123 314 8,960 5,134 15,545 
Doubtful— — — — — — — — 
Total$177,303 $450,366 $650,005 $161,012 $95,660 $423,161 $488,185 $2,445,692 
Gross Charge Offs$— $— $— $44 $— $159 $153 $356 
Commercial and financial
Risk Ratings:
Pass$315,560 $336,071 $333,113 $127,069 $66,165 $89,002 $269,108 $1,536,088 
Special Mention136 2,167 1,064 1,005 503 1,103 2,191 8,169 
Substandard— 18,558 21,643 1,380 5,889 11,842 3,961 63,273 
Doubtful— — — — — 358 — 358 
Total$315,696 $356,796 $355,820 $129,454 $72,557 $102,305 $275,260 $1,607,888 
Gross Charge Offs$1,198 $117 $659 $3,007 $582 $12,584 $418 $18,565 
Consumer
Risk Ratings:
Pass$20,557 $66,699 $45,534 $19,747 $20,300 $19,080 $56,473 $248,390 
Special Mention5 334 279 77 5 194 65 959 
Substandard66 930 891 103 51 177 — 2,218 
Doubtful— — — — — — — — 
Total$20,628 $67,963 $46,704 $19,927 $20,356 $19,451 $56,538 $251,567 
Gross Charge Offs$74 $1,910 $2,218 $362 $263 $666 $261 $5,754 
Consolidated
Total$974,245 $2,264,733 $2,112,263 $804,167 $797,510 $2,015,489 $1,094,533 $10,062,940 
Gross Charge Offs$1,272 $2,027 $2,888 $3,413 $845 $13,409 $941 $24,795 
1 Represents gross charge-offs for the year ended December 31, 2023.
Schedule of Troubled Borrower Modifications
The following table presents the amortized cost of troubled borrower modification (“TBM”) loans that were modified during the nine months ended September 30, 2024. There were five loans with an amortized cost of $0.9 million modified as a TBM during the nine months ended September 30, 2023.
September 30, 2024
(In thousands)
Rate Reduction or Rate Reduction with Term Extension
Term Extension and/or Payment Delay
Total1
% of Total Class of Loans
Construction and land development$— $86 $86 0.01 %
Commercial real estate - owner occupied514 2,685 3,199 0.19 
Commercial real estate - non-owner occupied3,142 177 3,319 0.09 %
Residential real estate— 126 126 0.01 %
Commercial and financial3,524 813 4,337 0.28 %
Consumer84 1,034 1,118 0.51 %
Totals$7,264 $4,921 $12,185 0.12 %
1At September 30, 2024, there were no unfunded lending related commitments associated with TBMs.
The following table presents the payment status of TBM loans that were modified in the twelve months prior to September 30, 2024.
September 30, 2024
(In thousands)CurrentAccruing
30-59 Days Past Due		Accruing
60-89 Days Past Due		Accruing
Greater
Than 90 Days		NonaccrualTotal
Construction and Land Development$— $— — $— $— $86 $86 
Commercial real estate - owner occupied95 — — — 3,199 3,293 
Commercial real estate - non-owner occupied— — — — 3,319 3,319 
Residential real estate123 — — — 96 219 
Commercial and financial3,162 — — — 1,321 4,483 
Consumer341 429 288 191 233 1,483 
Totals$3,721 $429 $288 $191 $8,254 $12,883