COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Summary of Off-Balance Sheet Financial Instruments

The following represents a summary of off-balance sheet financial instruments at year-end:

 

	December 31,
(Dollars in thousands)	2023		2022
Financial instruments with contract amounts which represent potential credit risk:
Construction loan commitments	$	725,591	$	699,748
Commercial mortgage loan commitments	136,379		96,208
Commercial loan commitments	1,717,924		863,566
Owner-occupied commercial commitments	57,013		27,198
Commercial standby letters of credit	107,031		101,888
Residential loan commitments(1)	11,797		4,032
Consumer loan commitments(2)	1,363,458		1,011,739
Total	$	4,119,193	$	2,804,379

(1)Not reflected in the table above are commitments to sell residential loans of $16.3 million and $15.3 million at December 31, 2023 and 2022, respectively.

(2)Consumer loan commitments of $633.8 million were secured by real estate.