XML 33 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Nature of Operations and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Provision for Credit Losses
The following table presents the provision for credit losses on the loan portfolio and off-balance sheet exposures:
Three Months endedSix Months ended
(Dollars in thousands)June 30,
2021
June 30,
2020
June 30,
2021
June 30,
2020
Provision for credit loss loans$(5,723)13,552 (5,234)36,296 
Provision for credit losses unfunded70 3,377 (371)(182)
Total provision for credit losses$(5,653)16,929 (5,605)36,114 
The following tables summarize the activity in the ACL:
Three Months ended June 30, 2021
(Dollars in thousands)TotalResidential Real EstateCommercial Real EstateOther CommercialHome EquityOther Consumer
Balance at beginning of period$156,446 9,018 95,251 39,385 8,068 4,724 
Provision for credit losses(5,723)884 1,269 (8,319)(278)721 
Charge-offs(1,700)— (41)(351)— (1,308)
Recoveries2,425 241 118 1,268 47 751 
Balance at end of period$151,448 10,143 96,597 31,983 7,837 4,888 
Three Months ended June 30, 2020
(Dollars in thousands)TotalResidential Real EstateCommercial Real EstateOther CommercialHome EquityOther Consumer
Balance at beginning of period$150,190 9,315 70,848 56,409 7,934 5,684 
Provision for credit losses13,552 662 18,309 (6,974)2,174 (619)
Charge-offs(2,668)(1)(150)(1,088)(193)(1,236)
Recoveries1,435 10 97 491 47 790 
Balance at end of period$162,509 9,986 89,104 48,838 9,962 4,619 

Six Months ended June 30, 2021
(Dollars in thousands)TotalResidential Real EstateCommercial Real EstateOther CommercialHome EquityOther Consumer
Balance at beginning of period$158,243 9,604 86,999 49,133 8,182 4,325 
Provision for credit losses(5,234)302 8,732 (15,584)(367)1,683 
Charge-offs(5,946)(38)(41)(3,113)(45)(2,709)
Recoveries4,385 275 907 1,547 67 1,589 
Balance at end of period$151,448 10,143 96,597 31,983 7,837 4,888 

Six Months ended June 30, 2020
(Dollars in thousands)TotalResidential Real EstateCommercial Real EstateOther CommercialHome EquityOther Consumer
Balance at beginning of period$124,490 10,111 69,496 36,129 4,937 3,817 
Impact of adopting CECL3,720 3,584 10,533 (13,759)3,400 (38)
Acquisitions49 — 49 — — 
Provision for credit losses36,296 (3,707)8,876 27,159 1,666 2,302 
Charge-offs(5,235)(21)(180)(1,873)(194)(2,967)
Recoveries3,189 19 330 1,182 153 1,505 
Balance at end of period$162,509 9,986 89,104 48,838 9,962 4,619