v3.25.2
Commitments and Contingent Liabilities (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Total Contractual Amount for All Off-balance Sheet Commitments

A summary of the Company’s total contractual amount for all off-balance sheet commitments at June 30, 2025 is as follows:

 

Commitments to extend credit

 

$

1,197,137,000

 

Standby letters of credit

 

$

134,368,000

 

Schedule of Allowance for Credit Losses on Off-balance-sheet Credit Exposures The following table details activity in the allowance for credit losses on off-balance-sheet credit exposures for the six months ended June 30, 2025 and 2024.

 

 

 

(In Thousands)

 

 

 

2025

 

 

2024

 

Beginning balance, January 1

 

$

2,555

 

 

 

3,147

 

Credit loss expense (benefit)

 

 

(270

)

 

 

 

Ending balance, June 30

 

$

2,285

 

 

 

3,147

 

 

The following table details activity in the allowance for credit losses on off-balance-sheet credit exposures for the three months ended June 30, 2025 and 2024.

 

 

 

(In Thousands)

 

 

 

2025

 

 

2024

 

Beginning balance, April 1

 

$

2,162

 

 

 

3,147

 

Credit loss expense (benefit)

 

 

123

 

 

 

 

Ending balance, June 30

 

$

2,285

 

 

 

3,147