v3.25.2
Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Roll Forward of The Allowance for Loan Losses
The following tables provide a roll-forward of the allowance for credit losses by loan category and a breakdown of the ending balance of the allowance based on the Company’s credit loss methodology for the periods presented:
CommercialReal Estate -
Construction		Real Estate -
1-4 Family
Mortgage		Real Estate  -
Commercial
Mortgage		Lease FinancingInstallment
Loans to Individuals		Total
Three Months Ended June 30, 2025
Allowance for credit losses:
Beginning balance$38,441 $16,561 $50,711 $88,080 $3,644 $6,494 $203,931 
Initial impact of purchased credit deteriorated (“PCD”) loans acquired
7,140 1,997 264 14,090 — 2 23,493 
Charge-offs(5,823)(105)(319)(3,944)(2,394)(394)(12,979)
Recoveries627 — 37 116 4 141 925 
Net charge-offs(5,196)(105)(282)(3,828)(2,390)(253)(12,054)
Provision for (recovery of) credit losses on loans19,291 3,331 15,010 37,230 681 (143)75,400 
Ending balance$59,676 $21,784 $65,703 $135,572 $1,935 $6,100 $290,770 
Six Months Ended June 30, 2025
Allowance for credit losses:
Beginning balance$38,527 $15,126 $47,761 $90,204 $3,368 $6,770 $201,756 
Initial impact of PCD loans acquired during the period7,140 1,997 264 14,090 — 2 23,493 
Charge-offs(5,917)(105)(628)(4,405)(2,394)(659)(14,108)
Recoveries1,585 — 70 122 13 389 2,179 
Net charge-offs(4,332)(105)(558)(4,283)(2,381)(270)(11,929)
Provision for (recovery of) credit losses on loans18,341 4,766 18,236 35,561 948 (402)77,450 
Ending balance$59,676 $21,784 $65,703 $135,572 $1,935 $6,100 $290,770 
Period-End Amount Allocated to:
Individually evaluated$9,604 $1,993 $— $16,068 $— $270 $27,935 
Collectively evaluated 50,072 19,791 65,703 119,504 1,935 5,830 262,835 
Ending balance$59,676 $21,784 $65,703 $135,572 $1,935 $6,100 $290,770 
Loans:
Individually evaluated$20,316 $16,045 $4,776 $65,012 $899 $270 $107,318 
Collectively evaluated 2,646,607 1,323,922 4,869,903 9,405,122 88,669 121,906 18,456,129 
Ending balance$2,666,923 $1,339,967 $4,874,679 $9,470,134 $89,568 $122,176 $18,563,447 
Nonaccruing loans with no allowance for credit losses$— $2,332 $4,275 $14,362 $899 $— $21,868 
CommercialReal Estate -
Construction		Real Estate -
1-4 Family
Mortgage		Real Estate  -
Commercial
Mortgage		Lease FinancingInstallment Loans to IndividualsTotal
Three Months Ended June 30, 2024
Allowance for credit losses:
Beginning balance$45,921 $17,317 $47,566 $78,725 $2,554 $8,969 $201,052 
Charge-offs(186)— (208)(5,727)— (251)(6,372)
Recoveries525 — 25 99 10 232 891 
Net recoveries (charge-offs) 339 — (183)(5,628)10 (19)(5,481)
(Recovery of) provision for credit losses on loans(1,309)1,579 38 4,028 (49)13 4,300 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Six Months Ended June 30, 2024
Allowance for credit losses:
Beginning balance$43,980 $18,612 $47,283 $77,020 $2,515 $9,168 $198,578 
Initial impact of purchased credit deteriorated loans acquired during the period— — — — — — — 
Charge-offs(535)— (290)(5,727)— (730)(7,282)
Recoveries871 — 73 105 18 570 1,637 
Net recoveries (charge-offs) 336 — (217)(5,622)18 (160)(5,645)
Provision for (recovery of) credit losses on loans635 284 355 5,727 (18)(45)6,938 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Period-End Amount Allocated to:
Individually evaluated$8,514 $— $— $1,220 $— $270 $10,004 
Collectively evaluated36,437 18,896 47,421 75,905 2,515 8,693 189,867 
Ending balance$44,951 $18,896 $47,421 $77,125 $2,515 $8,963 $199,871 
Loans:
Individually evaluated$14,211 $— $6,942 $32,579 $— $270 $54,002 
Collectively evaluated1,833,551 1,355,425 3,428,876 5,733,899 102,996 96,006 12,550,753 
Ending balance$1,847,762 $1,355,425 $3,435,818 $5,766,478 $102,996 $96,276 $12,604,755 
Nonaccruing loans with no allowance for credit losses$230 $— $6,318 $20,640 $— $— $27,188 
Schedule of Unfunded Loan Commitments, Allowance for Credit Losses
The following table provides a roll-forward of the allowance for credit losses on unfunded loan commitments for the periods presented.
Three Months Ended June 30,20252024
Allowance for credit losses on unfunded loan commitments:
Beginning balance$17,643 $16,718 
Provision for (recovery of) credit losses on unfunded loan commitments5,922 (1,000)
Ending balance$23,565 $15,718 
Six Months Ended June 30,20252024
Allowance for credit losses on unfunded loan commitments:
Beginning balance$14,943 $16,918 
Provision for (recovery of) credit losses on unfunded loan commitments8,622 (1,200)
Ending balance$23,565 $15,718