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Loans and Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Schedule of Categories of Loans The various categories of loans are summarized as follows:
 
June 30,December 31,
(In thousands)20232022
Consumer:  
Credit cards$209,452 $196,928 
Other consumer148,333 152,882 
Total consumer357,785 349,810 
Real Estate:
Construction and development2,930,586 2,566,649 
Single family residential2,633,365 2,546,115 
Other commercial7,546,130 7,468,498 
Total real estate13,110,081 12,581,262 
Commercial:
Commercial2,569,330 2,632,290 
Agricultural280,541 205,623 
Total commercial2,849,871 2,837,913 
Other515,916 373,139 
Total loans$16,833,653 $16,142,124 
Schedule of Nonaccrual Loans, Excluding Loans Acquired
The amortized cost basis of nonaccrual loans segregated by category of loans are as follows:

June 30,December 31,
(In thousands)20232022
Consumer:  
Credit cards$268 $349 
Other consumer629 433 
Total consumer897 782 
Real estate:
Construction and development3,400 2,799 
Single family residential21,427 22,319 
Other commercial14,142 14,998 
Total real estate38,969 40,116 
Commercial:
Commercial29,162 17,356 
Agricultural2,248 177 
Total commercial31,410 17,533 
Other3 3 
Total$71,279 $58,434 
Schedule of Aging Analysis of Past Due Loans, Excluding Loans Acquired
An age analysis of the amortized cost basis of past due loans, including nonaccrual loans, segregated by class of loans is as follows: 
(In thousands)Gross
30-89 Days
Past Due		90 Days
or More
Past Due		Total
Past Due		CurrentTotal
Loans		90 Days
Past Due &
Accruing
June 30, 2023      
Consumer:      
Credit cards$1,666 $495 $2,161 $207,291 $209,452 $426 
Other consumer1,217 245 1,462 146,871 148,333 — 
Total consumer2,883 740 3,623 354,162 357,785 426 
Real estate:
Construction and development1,273 3,233 4,506 2,926,080 2,930,586 — 
Single family residential11,035 8,022 19,057 2,614,308 2,633,365 28 
Other commercial4,762 7,433 12,195 7,533,935 7,546,130 — 
Total real estate17,070 18,688 35,758 13,074,323 13,110,081 28 
Commercial:
Commercial4,990 18,776 23,766 2,545,564 2,569,330 284 
Agricultural247 1,978 2,225 278,316 280,541 — 
Total commercial5,237 20,754 25,991 2,823,880 2,849,871 284 
Other— 3 3 515,913 515,916 — 
Total$25,190 $40,185 $65,375 $16,768,278 $16,833,653 $738 
December 31, 2022
Consumer:
Credit cards$1,297 $409 $1,706 $195,222 $196,928 $225 
Other consumer852 214 1,066 151,816 152,882 — 
Total consumer2,149 623 2,772 347,038 349,810 225 
Real estate:
Construction and development4,677 443 5,120 2,561,529 2,566,649 — 
Single family residential23,625 11,075 34,700 2,511,415 2,546,115 106 
Other commercial2,759 7,100 9,859 7,458,639 7,468,498 — 
Total real estate31,061 18,618 49,679 12,531,583 12,581,262 106 
Commercial:
Commercial5,034 7,575 12,609 2,619,681 2,632,290 176 
Agricultural111 67 178 205,445 205,623 — 
Total commercial5,145 7,642 12,787 2,825,126 2,837,913 176 
Other61 3 64 373,075 373,139 — 
Total$38,416 $26,886 $65,302 $16,076,822 $16,142,124 $507 
Schedule of Troubled Debt Restructuring
The following table presents the period-end balance of loan modifications, segregated by type of modification, to borrowers experiencing financial difficulty during the three and six months ended June 30, 2023.

Combination: Interest RatePercent of
Modification andTotal Class
(Dollars in thousands)Term Extensionof Loans
Commercial:
Commercial$655 0.03 %
Total commercial$655 0.03 %
The following table presents a summary of TDRs segregated by class of loans as of December 31, 2022.

 Accruing TDR LoansNonaccrual TDR LoansTotal TDR Loans
(Dollars in thousands)NumberBalanceNumberBalanceNumberBalance
Real estate:
Single-family residential24 $1,849 12 $1,589 36 $3,438 
Other commercial— — — — — — 
Total real estate24 1,849 12 1,589 36 3,438 
Commercial:
Commercial— — 1 33 1 33 
Total commercial— — 1 33 1 33 
Total24 $1,849 13 $1,622 37 $3,471 
The following table presents loans that were restructured as TDRs during the three and six month periods ended June 30, 2022.
 
(Dollars in thousands)Number of loansBalance Prior to TDRBalance at June 30,Change in Maturity DateChange in RateFinancial Impact on Date of Restructure
Three and Six Months Ended June 30, 2022     
Real estate:
Other commercial1 $13 $13 $— $13 $— 
Total real estate1 $13 $13 $— $13 $— 
Summary of Loans by Credit Risk Rating
The following table presents a summary of loans by credit quality indicator, as of June 30, 2023, segregated by class of loans.

Term Loans Amortized Cost Basis by Origination Year
(In thousands)2023 (YTD)20222021202020192018 and PriorLines of Credit (“LOC”) Amortized Cost BasisLOC Converted to Term Loans Amortized Cost BasisTotal
Consumer - credit cards    
Delinquency:
Current$— $— $— $— $— $— $207,291 $— $207,291 
30-89 days past due— — — — — — 1,666 — 1,666 
90+ days past due— — — — — — 495 — 495 
Total consumer - credit cards— — — — — — 209,452 — 209,452 
Current-period consumer - credit cards gross charge-offs— — — — — — 2,486 — 2,486 
Consumer - other
Delinquency:
Current51,542 49,740 18,189 6,047 2,469 2,595 16,289 — 146,871 
30-89 days past due145 476 185 195 6 37 173 — 1,217 
90+ days past due— 65 153 — 9 17 1 — 245 
Total consumer - other51,687 50,281 18,527 6,242 2,484 2,649 16,463 — 148,333 
Current-period consumer - other gross charge-offs18 513 214 55 28 97 143 — 1,068 
Real estate - C&D
Risk rating:
Pass63,331 185,255 65,189 41,966 12,798 26,591 2,522,794 — 2,917,924 
Special mention— — — — — 406 3,342 — 3,748 
Substandard— 565 103 2 11 196 8,037 — 8,914 
Doubtful and loss— — — — — — — — — 
Total real estate - C&D63,331 185,820 65,292 41,968 12,809 27,193 2,534,173 — 2,930,586 
Current-period real estate - C&D gross charge-offs— 1,148 — — — 8 — — 1,156 
Real estate - SF residential
Delinquency:
Current230,962 656,365 373,639 237,589 122,329 637,891 354,957 576 2,614,308 
30-89 days past due13 1,838 1,609 478 54 5,639 1,404 — 11,035 
90+ days past due— 451 985 497 597 5,140 352 — 8,022 
Total real estate - SF residential230,975 658,654 376,233 238,564 122,980 648,670 356,713 576 2,633,365 
Current-period real estate - SF residential gross charge-offs— 1 — — — 109 200 — 310 
Real estate - other commercial
Risk rating:
Pass256,143 1,747,880 1,280,524 585,377 219,471 866,189 2,282,403 — 7,237,987 
Special mention16,810 1,279 27,790 10,642 2,686 46,041 97,843 — 203,091 
Substandard438 9,361 17,719 9,226 3,456 28,954 35,898 — 105,052 
Doubtful and loss— — — — — — — — — 
Total real estate - other commercial273,391 1,758,520 1,326,033 605,245 225,613 941,184 2,416,144 — 7,546,130 
Current-period real estate - other commercial gross charge-offs— — — 7 — 35 131 — 173 
Term Loans Amortized Cost Basis by Origination Year
(In thousands)2023 (YTD)20222021202020192018 and PriorLines of Credit (“LOC”) Amortized Cost BasisLOC Converted to Term Loans Amortized Cost BasisTotal
Commercial
Risk rating:
Pass222,995 466,055 248,760 114,917 55,019 75,495 1,325,382 348 2,508,971 
Special mention18 12,032 1,061 24 14 947 11,578 — 25,674 
Substandard28 7,723 3,561 1,066 1,325 5,649 15,270 — 34,622 
Doubtful and loss— 61 — — — 2 — — 63 
Total commercial223,041 485,871 253,382 116,007 56,358 82,093 1,352,230 348 2,569,330 
Current-period commercial - gross charge-offs— 332 205 140 158 180 619 — 1,634 
Commercial - agriculture
Risk rating:
Pass26,529 37,597 18,044 7,414 2,218 2,056 183,682 17 277,557 
Special mention— — — — — — — — — 
Substandard— 635 488 256 40 28 1,537 — 2,984 
Doubtful and loss— — — — — — — — — 
Total commercial - agriculture26,529 38,232 18,532 7,670 2,258 2,084 185,219 17 280,541 
Current-period commercial - agriculture gross charge-offs— — — — — 3 — — 3 
Other
Delinquency:
Current25,701 147,955 29,128 7,408 3,724 43,391 258,606 — 515,913 
30-89 days past due— — — — — — — — — 
90+ days past due— — — — — 3 — — 3 
Total other25,701 147,955 29,128 7,408 3,724 43,394 258,606 — 515,916 
Current-period other - gross charge-offs— — — — — — 54 — 54 
Total$894,655 $3,325,333 $2,087,127 $1,023,104 $426,226 $1,747,267 $7,329,000 $941 $16,833,653 
The following table presents a summary of loans by credit quality indicator, as of December 31, 2022, segregated by class of loans.

Term Loans Amortized Cost Basis by Origination Year
(In thousands)202220212020201920182017 and PriorLines of Credit (“LOC”) Amortized Cost BasisLOC Converted to Term Loans Amortized Cost BasisTotal
Consumer - credit cards    
Delinquency:
Current$— $— $— $— $— $— $195,222 $— $195,222 
30-89 days past due— — — — — — 1,297 — 1,297 
90+ days past due— — — — — — 409 — 409 
Total consumer - credit cards— — — — — — 196,928 — 196,928 
Consumer - other
Delinquency:
Current86,303 26,339 10,071 3,804 2,671 2,275 20,350 3 151,816 
30-89 days past due298 241 135 13 34 119 12 — 852 
90+ days past due121 47 2 1 2 41 — — 214 
Total consumer - other86,722 26,627 10,208 3,818 2,707 2,435 20,362 3 152,882 
Real estate - C&D
Risk rating:
Pass237,304 68,916 50,912 16,920 13,625 9,611 2,163,776 334 2,561,398 
Special mention— — — — — 41 1,342 — 1,383 
Substandard1,091 116 36 13 31 103 2,478 — 3,868 
Doubtful and loss— — — — — — — — — 
Total real estate - C&D238,395 69,032 50,948 16,933 13,656 9,755 2,167,596 334 2,566,649 
Real estate - SF residential
Delinquency:
Current700,976 411,885 295,365 141,608 192,176 440,931 324,282 4,192 2,511,415 
30-89 days past due3,105 3,415 1,290 2,018 3,129 8,626 2,042 — 23,625 
90+ days past due586 871 885 968 1,017 6,312 436 — 11,075 
Total real estate - SF residential704,667 416,171 297,540 144,594 196,322 455,869 326,760 4,192 2,546,115 
Real estate - other commercial
Risk rating:
Pass1,917,352 1,482,049 768,630 254,986 179,729 428,027 2,093,379 19,469 7,143,621 
Special mention19,538 32,831 38,821 206 2,261 20,741 104,431 — 218,829 
Substandard24,639 3,399 27,399 2,544 2,026 15,217 30,824 — 106,048 
Doubtful and loss— — — — — — — — — 
Total real estate - other commercial1,961,529 1,518,279 834,850 257,736 184,016 463,985 2,228,634 19,469 7,468,498 
Commercial
Risk rating:
Pass595,256 300,650 168,539 41,924 31,329 35,447 1,401,402 24,940 2,599,487 
Special mention199 1,700 11 32 — 927 2,708 80 5,657 
Substandard5,257 2,435 3,328 802 891 1,290 11,337 1,805 27,145 
Doubtful and loss— — — — — — — 1 1 
Total commercial600,712 304,785 171,878 42,758 32,220 37,664 1,415,447 26,826 2,632,290 
Commercial - agriculture
Risk rating:
Pass44,377 22,901 12,044 4,483 1,029 369 119,342 310 204,855 
Special mention8 — — — — — — — 8 
Substandard55 8 78 49 10 — 560 — 760 
Doubtful and loss— — — — — — — — — 
Total commercial - agriculture44,440 22,909 12,122 4,532 1,039 369 119,902 310 205,623 
Other
Delinquency:
Current152,086 29,362 8,181 4,742 20,018 25,349 132,384 953 373,075 
30-89 days past due— — — — — 61 — — 61 
90+ days past due— — — — — 3 — — 3 
Total other152,086 29,362 8,181 4,742 20,018 25,413 132,384 953 373,139 
Total$3,788,551 $2,387,165 $1,385,727 $475,113 $449,978 $995,490 $6,608,013 $52,087 $16,142,124 
Schedule of the Activity in the Allowance for Loan Losses The collateral securing these loans consist of commercial real estate properties, residential properties, and other business assets.
(In thousands)Real Estate CollateralOther CollateralTotal
June 30, 2023
Construction and development$7,517 $— $7,517 
Single family residential1,446 — 1,446 
Other commercial real estate75,017 — 75,017 
Commercial— 15,741 15,741 
Total$83,980 $15,741 $99,721 
December 31, 2022
Construction and development$2,156 $— $2,156 
Single family residential— — — 
Other commercial real estate65,450 — 65,450 
Commercial— 3,320 3,320 
Total$67,606 $3,320 $70,926 

The following table details activity in the allowance for credit losses by portfolio segment for the three and six months ended June 30, 2023. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. 

(In thousands)CommercialReal
Estate		Credit
Card		Other
Consumer
and Other		Total
Allowance for credit losses:
Three Months Ended June 30, 2023
Beginning balance, April 1, 2023$30,256 $163,906 $6,446 $5,949 $206,557 
Provision for credit loss expense1,483 1,464 995 1,119 5,061 
Charge-offs(1,225)(435)(1,409)(666)(3,735)
Recoveries471 878 298 436 2,083 
Net (charge-offs) recoveries(754)443 (1,111)(230)(1,652)
Ending balance, June 30, 2023$30,985 $165,813 $6,330 $6,838 $209,966 
Six Months Ended June 30, 2023
Beginning balance, January 1, 2023$34,406 $150,795 $5,140 $6,614 $196,955 
Provision for credit loss expense(3,322)15,485 3,144 670 15,977 
Charge-offs(1,637)(1,639)(2,486)(1,122)(6,884)
Recoveries1,538 1,172 532 676 3,918 
Net charge-offs(99)(467)(1,954)(446)(2,966)
Ending balance, June 30, 2023$30,985 $165,813 $6,330 $6,838 $209,966 
Activity in the allowance for credit losses for the three and six months ended June 30, 2022 was as follows:

(In thousands)CommercialReal
Estate		Credit
Card		Other
Consumer
and Other		Total
Allowance for credit losses:
Three Months Ended June 30, 2022
Beginning balance, April 1, 2022$9,177 $161,389 $2,894 $5,464 $178,924 
Acquisition adjustment for PCD loans854 3,187 — 2 4,043 
Provision for credit loss expense22,853 1,629 4,470 1,454 30,406 
Charge-offs(688)(124)(1,004)(518)(2,334)
Recoveries621 400 249 302 1,572 
Net (charge-offs) recoveries(67)276 (755)(216)(762)
Ending balance, June 30, 2022$32,817 $166,481 $6,609 $6,704 $212,611 
Six Months Ended June 30, 2022
Beginning balance, January 1, 2022$17,458 $179,270 $3,987 $4,617 $205,332 
Acquisition adjustment for PCD loans854 3,187 — 2 4,043 
Provision for credit loss expense20,334 (16,193)4,023 2,328 10,492 
Charge-offs(7,007)(600)(1,924)(932)(10,463)
Recoveries1,178 817 523 689 3,207 
Net (charge-offs) recoveries(5,829)217 (1,401)(243)(7,256)
Ending balance, June 30, 2022$32,817 $166,481 $6,609 $6,704 $212,611 
The components of the provision for credit losses for the three and six month periods ended June 30, 2023 and 2022 were as follows:

Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2023202220232022
Provision for credit losses related to:  
Loans$5,061 $30,406 $15,977 $10,492 
Unfunded commitments(5,000)3,453 (5,000)3,453 
Securities - HTM1,326 — 1,826 — 
Securities - AFS(1,326)— 11,474 — 
Total$61 $33,859 $24,277 $13,945 
Schedule of Financing Receivable, Purchased With Credit Deterioration
The following table provides a summary of loans purchased as part of the Spirit acquisition with credit deterioration at acquisition:
(In thousands)CommercialReal
Estate		Credit
Card		Other
Consumer
and Other		Total
Unpaid principal balance$8,258 $66,534 $— $59 $74,851 
PCD allowance for credit loss at acquisition(6,433)(3,187)— (2)(9,622)
Non-credit related discount(378)(998)— (1)(1,377)
Fair value of PCD loans$1,447 $62,349 $— $56 $63,852