LOANS AND ALLOWANCE FOR CREDIT LOSSES - Summary of Changes in Allowance for Loan Losses by Loan Segment (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Financing Receivable, Allowance for Credit Loss [Roll Forward] | ||||
Beginning balance | $ 192,031 | $ 204,681 | $ 192,757 | $ 204,934 |
Provision for credit losses - loans | 5,600 | 24,500 | 9,800 | 26,500 |
Recoveries on loans | 1,936 | 1,257 | 3,192 | 2,157 |
Loans charged off | (4,251) | (40,901) | (10,433) | (44,054) |
Ending balance | 195,316 | 189,537 | 195,316 | 189,537 |
Commercial | ||||
Financing Receivable, Allowance for Credit Loss [Roll Forward] | ||||
Beginning balance | 99,982 | 99,213 | 94,757 | 97,348 |
Provision for credit losses - loans | (406) | 31,648 | 8,748 | 34,793 |
Recoveries on loans | 1,514 | 536 | 2,452 | 1,087 |
Loans charged off | (2,106) | (40,180) | (6,973) | (42,011) |
Ending balance | 98,984 | 91,217 | 98,984 | 91,217 |
Commercial Real Estate | ||||
Financing Receivable, Allowance for Credit Loss [Roll Forward] | ||||
Beginning balance | 46,336 | 45,278 | 51,099 | 44,048 |
Provision for credit losses - loans | (83) | 75 | (4,450) | 1,603 |
Recoveries on loans | 98 | 161 | 103 | 214 |
Loans charged off | (74) | 0 | (475) | (351) |
Ending balance | 46,277 | 45,514 | 46,277 | 45,514 |
Construction | ||||
Financing Receivable, Allowance for Credit Loss [Roll Forward] | ||||
Beginning balance | 11,541 | 20,369 | 9,784 | 24,823 |
Provision for credit losses - loans | (2,735) | (6,009) | (978) | (10,463) |
Recoveries on loans | 0 | 0 | 0 | 0 |
Loans charged off | (63) | 0 | (63) | 0 |
Ending balance | 8,743 | 14,360 | 8,743 | 14,360 |
Consumer & Residential | ||||
Financing Receivable, Allowance for Credit Loss [Roll Forward] | ||||
Beginning balance | 34,172 | 39,821 | 37,117 | 38,715 |
Provision for credit losses - loans | 8,824 | (1,214) | 6,480 | 567 |
Recoveries on loans | 324 | 560 | 637 | 856 |
Loans charged off | (2,008) | (721) | (2,922) | (1,692) |
Ending balance | $ 41,312 | $ 38,446 | $ 41,312 | $ 38,446 |