v3.25.2
OBS Loan Commitments (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of the Approximate Amounts of Financial Instruments with Off-Balance Sheet Risk
The following table sets forth the approximate amounts of these financial instruments as of June 30, 2025 and December 31, 2024:
 June 30,December 31,
(Dollars in thousands)20252024
Commitments to extend credit$3,677,573 $3,115,682 
MW commitments650,948 562,589 
Standby and commercial letters of credit112,686 111,930 
Total$4,441,207 $3,790,201 
Schedule of Allowance for Unfunded Commitments
The table below presents the activity in the allowance for unfunded commitment credit losses related to those financial instruments discussed above. This ACL on unfunded commitments is recorded in accounts payable and other liabilities on the consolidated balance sheets:
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2025202420252024
Beginning balance for ACL on unfunded commitments$7,403 $6,504 $6,103 $8,045 
Provision (benefit) for credit losses on unfunded commitments1,500 — 2,800 (1,541)
Ending balance of ACL on unfunded commitments$8,903 $6,504 $8,903 $6,504