XML 68 R58.htm IDEA: XBRL DOCUMENT v3.25.1
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Allowance for Loan Losses and Loan Balances (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Allowance for credit losses      
Beginning balance $ 195,281 $ 186,126 $ 186,126
Charge-offs (27,101) (11,859)  
Recoveries 2,551 3,224  
Provision (release) 16,784 15,138  
Ending balance 187,515 192,629 195,281
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 6,814  
Loans evaluated on a collective basis 187,515 185,815  
Period-end loan balances:      
Loans evaluated on an individual basis 114,782 69,568  
Loans evaluated on a collective basis 12,991,459 12,910,713  
Ending balance 13,106,241 12,980,281 13,187,874
Reverse mortgage, fair value 4,100 2,500 3,600
Commercial | Commercial and industrial      
Allowance for credit losses      
Beginning balance 57,131 49,394 49,394
Charge-offs (19,871) (476) (15,490)
Recoveries 579 1,766  
Provision (release) 12,897 5,218  
Ending balance 50,736 55,902 57,131
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 6,814  
Loans evaluated on a collective basis 50,736 49,088  
Period-end loan balances:      
Loans evaluated on an individual basis 44,449 27,229  
Loans evaluated on a collective basis 2,620,951 2,564,632  
Ending balance 2,665,400 2,591,861 2,656,174
Commercial | Owner-occupied commercial      
Allowance for credit losses      
Beginning balance 9,139 10,719 10,719
Charge-offs 0 0 (177)
Recoveries 7 201  
Provision (release) (736) (351)  
Ending balance 8,410 10,569 9,139
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 8,410 10,569  
Period-end loan balances:      
Loans evaluated on an individual basis 6,273 5,866  
Loans evaluated on a collective basis 1,948,255 1,877,010  
Ending balance 1,954,528 1,882,876 1,973,645
Commercial | Commercial mortgages      
Allowance for credit losses      
Beginning balance 48,962 36,055 36,055
Charge-offs 0 (25) (5,749)
Recoveries 525 2  
Provision (release) 305 765  
Ending balance 49,792 36,797 48,962
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 49,792 36,797  
Period-end loan balances:      
Loans evaluated on an individual basis 29,407 21,536  
Loans evaluated on a collective basis 3,952,666 3,855,320  
Ending balance 3,982,073 3,876,856 4,030,627
Commercial | Construction      
Allowance for credit losses      
Beginning balance 9,185 10,762 10,762
Charge-offs 0 0 0
Recoveries 0 0  
Provision (release) 506 197  
Ending balance 9,691 10,959 9,185
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 9,691 10,959  
Period-end loan balances:      
Loans evaluated on an individual basis 23,180 3,962  
Loans evaluated on a collective basis 845,488 1,052,387  
Ending balance 868,668 1,056,349 832,093
Commercial | Commercial Small Business Leases      
Allowance for credit losses      
Beginning balance 15,965 15,170 15,170
Charge-offs (2,967) (4,852) (20,033)
Recoveries 619 591  
Provision (release) 3,492 4,550  
Ending balance 17,109 15,459 15,965
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 17,109 15,459  
Period-end loan balances:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 636,460 633,803  
Ending balance 636,460 633,803 647,516
Residential      
Allowance for credit losses      
Beginning balance 5,566 5,483 5,483
Charge-offs 0 (50) (125)
Recoveries 47 89  
Provision (release) 84 (115)  
Ending balance 5,697 5,407 5,566
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 5,697 5,407  
Period-end loan balances:      
Loans evaluated on an individual basis 8,105 8,311  
Loans evaluated on a collective basis 958,466 864,354  
Ending balance 966,571 872,665 961,426
Consumer      
Allowance for credit losses      
Beginning balance 49,333 58,543 58,543
Charge-offs (4,263) (6,456) (23,549)
Recoveries 774 575  
Provision (release) 236 4,874  
Ending balance 46,080 57,536 49,333
Period-end allowance allocated to:      
Loans evaluated on an individual basis 0 0  
Loans evaluated on a collective basis 46,080 57,536  
Period-end loan balances:      
Loans evaluated on an individual basis 3,368 2,664  
Loans evaluated on a collective basis 2,029,173 2,063,207  
Ending balance $ 2,032,541 $ 2,065,871 $ 2,086,393