v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loan Commitments and Letters of Credit
Synovus also invests in tax credit partnerships, CRA partnerships, including SBIC programs, and other investments. The SBIC is a program initiated by the SBA in 1958 to assist in the funding of small business loans.
(in thousands)June 30, 2025December 31, 2024
Letters of credit(1)
$400,977 $340,385 
Commitments to fund commercial and industrial loans9,613,063 9,956,797 
Commitments to fund commercial real estate, construction, and land development loans2,184,942 2,135,638 
Commitments under home equity lines of credit2,112,986 2,119,616 
Unused credit card lines441,495 446,800 
Other loan commitments529,552 621,659 
Total letters of credit and unfunded lending commitments$15,283,015 $15,620,895 
Tax credits, CRA partnerships, and other investments:
Carrying amount included in other assets(2)
$683,022 $672,803 
Permanent and short-term construction loans and letter of credit unfunded commitments(3)
233,524 205,855 
Funded portion of permanent and short-term loans and letters of credit(4)
171,160 229,668 
(1)    Represents the contractual amount net of risk participations purchased of approximately $15.6 million and $16.8 million at June 30, 2025 and December 31, 2024, respectively.
(2)    Future funding commitment carrying amounts offset in other liabilities of $348.3 million and $358.5 million at June 30, 2025 and December 31, 2024, respectively.
(3)    Represents the contractual amount net of risk participations of $12.0 million and $16.0 million at June 30, 2025 and December 31, 2024, respectively.
(4)    Represents the contractual amount net of risk participations of $15.8 million and $16.2 million at June 30, 2025 and December 31, 2024, respectively.