v3.25.2
LOANS - Summary of Changes in the ACL on Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Changes in allowance for credit losses on loans                          
Balance, beginning of period $ 155,443 $ 160,844 $ 159,319 $ 151,415 $ 140,864 $ 128,889 $ 159,319 $ 128,889 $ 159,319 $ 128,889 $ 159,319 $ 128,889 $ 89,444
Provision for credit losses on loans 17,925 8,482 19,942 22,362 21,816 22,282 28,424 44,098 46,349 66,460 119,262 82,560 75,435
Charge-offs                     (171,633) (58,750) (38,285)
Recoveries                     4,256 6,620 2,295
Balance, end of period $ 151,067 $ 155,443 160,844 $ 157,815 $ 151,415 140,864 155,443 151,415 151,067 157,815 111,204 159,319 128,889
Commercial Loan Portfolio                          
Changes in allowance for credit losses on loans                          
Charge-offs                     (58,442) (20,304)  
Commercial Loan Portfolio | Commercial                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     29,672     26,035 29,672 26,035 29,672 26,035 29,672 26,035 24,768
Provision for credit losses on loans                     42,610 15,555 9,307
Charge-offs                     (30,453) (13,703) (8,441)
Recoveries                     947 1,785 401
Balance, end of period                     42,776 29,672 26,035
Commercial Loan Portfolio | Commercial real estate                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     20,229     29,290 20,229 29,290 20,229 29,290 20,229 29,290 22,993
Provision for credit losses on loans                     24,366 (8,067) 10,396
Charge-offs                     (9,998) (5,000) (4,106)
Recoveries                     2,240 4,006 7
Balance, end of period                     36,837 20,229 29,290
Commercial Loan Portfolio | Construction and land development                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     4,163     2,435 4,163 2,435 4,163 2,435 4,163 2,435 972
Provision for credit losses on loans                     17,375 3,296 1,439
Charge-offs                     (17,991) (1,601) (6)
Recoveries                     3 33 30
Balance, end of period                     3,550 4,163 2,435
Residential real estate: | Residential real estate                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     5,553     4,301 5,553 4,301 5,553 4,301 5,553 4,301 2,695
Provision for credit losses on loans                     3,028 1,385 1,698
Charge-offs                     (817) (271) (344)
Recoveries                     238 138 252
Balance, end of period                     8,002 5,553 4,301
Consumer: | Consumer                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     86,762     60,041 86,762 60,041 86,762 60,041 86,762 60,041 30,547
Provision for credit losses on loans                     16,415 59,582 53,128
Charge-offs                     (98,051) (33,149) (24,091)
Recoveries                     274 288 457
Balance, end of period                     5,400 86,762 60,041
Lease financing                          
Changes in allowance for credit losses on loans                          
Balance, beginning of period     $ 12,940     $ 6,787 $ 12,940 $ 6,787 $ 12,940 $ 6,787 12,940 6,787 7,469
Provision for credit losses on loans                     15,468 10,809 (533)
Charge-offs                     (14,323) (5,026) (1,297)
Recoveries                     554 370 1,148
Balance, end of period                     $ 14,639 $ 12,940 $ 6,787