SEACOAST BANKING CORP OF FLORIDA, 10-Q filed on 5/7/2025
Quarterly Report
v3.25.1
Cover Page - shares
 3 Months Ended
Mar. 31, 2025
Apr. 30, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2025  
Document Transition Report false  
Entity File Number 0-13660  
Entity Registrant Name Seacoast Banking Corporation of Florida  
Entity Incorporation, State or Country Code FL  
Entity Tax Identification Number 59-2260678  
Entity Address, Address Line One 815 COLORADO AVENUE,  
Entity Address, City or Town STUART  
Entity Address, State or Province FL  
Entity Address, Postal Zip Code 34994  
City Area Code (772)  
Local Phone Number 287-4000  
Title of 12(b) Security Common Stock  
Trading Symbol SBCF  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   85,985,448
Amendment Flag false  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q1  
Entity Central Index Key 0000730708  
Current Fiscal Year End Date --12-31  
v3.25.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Interest and fees on loans $ 150,640 $ 147,095
Interest and dividends on securities 29,415 22,427
Interest on interest bearing deposits and other investments 4,200 6,184
Total Interest Income 184,255 175,706
Interest on deposits 43,626 47,534
Interest on time certificates 14,973 17,121
Interest on borrowed money 7,139 5,973
Total Interest Expense 65,738 70,628
Net Interest Income 118,517 105,078
Provision for credit losses 9,250 1,368
Net Interest Income after Provision for Credit Losses 109,267 103,710
Noninterest income:    
Service charges on deposit accounts 5,180 4,960
Interchange income 1,807 1,888
Wealth management income 4,248 3,540
Mortgage banking fees 404 381
Insurance agency income 1,620 1,291
BOLI income 2,468 2,264
Other 6,257 5,944
Noninterest income, excluding securities gains (losses) 21,984 20,268
Securities gains, net 196 229
Total Noninterest Income 22,180 20,497
Noninterest expense:    
Salaries and wages 42,248 40,304
Employee benefits 8,861 7,889
Outsourced data processing costs 8,504 12,118
Occupancy 7,350 8,037
Furniture and equipment 2,128 2,011
Marketing 2,748 2,655
Legal and professional fees 2,740 2,151
FDIC assessments 2,194 2,158
Amortization of intangibles 5,309 6,292
OREO expense and net loss (gain) on sale 241 (26)
Provision for credit losses on unfunded commitments 150 250
Merger-related charges 1,051 0
Other 7,073 6,532
Total Noninterest Expense 90,597 90,371
Income Before Income Taxes 40,850 33,836
Income tax expense 9,386 7,830
Net Income $ 31,464 $ 26,006
Net income per share of common stock    
Diluted (in dollars per share) $ 0.37 $ 0.31
Basic (in dollars per share) $ 0.37 $ 0.31
Average common shares outstanding    
Diluted (in shares) 85,388 85,270
Basic (in shares) 84,648 84,908
v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Comprehensive Income [Abstract]    
Net Income $ 31,464 $ 26,006
Other comprehensive income (loss):    
Unrealized gains (losses) on available-for-sale securities, net of tax expense of $8.6 million for the three months ended March 31, 2025, and net of tax benefit of $1.6 million for the three months ended March 31, 2024 27,428 (7,916)
Amortization of unrealized gains on securities transferred to held-to-maturity, net of tax benefit of $3 thousand for each of the three months ended March 31, 2025 and 2024 (11) (11)
Reclassification adjustment for losses included in net income, and net of tax benefit of $1.0 million for the three months ended March 31, 2024 0 2,806
Unrealized (losses) gains on derivatives designated as fair value hedges, net of reclassifications to income, net of tax benefit of $0.1 million for the three months ended March 31, 2025, and net of tax expense of $0.4 million for the three months ended March 31, 2024 (270) 1,043
Total other comprehensive income (loss) 27,147 (4,078)
Comprehensive Income $ 58,611 $ 21,928
v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Comprehensive Income [Abstract]    
Unrealized gains (losses) on available-for-sale securities, tax (benefit) expense $ 8,600 $ (1,600)
Amortization of unrealized losses on securities transferred to held-to-maturity, tax expense (benefit) (3) (3)
Reclassification adjustment for losses included in net income, tax expense (benefit)   (1,000)
Unrealized gains on derivatives designated as fair value hedges, net of reclassifications, tax expense (benefit) $ (100) $ 400
v3.25.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 191,467 $ 171,615
Interest bearing deposits with other banks 309,105 304,992
Total cash and cash equivalents 500,572 476,607
Time deposits with other banks 1,494 3,215
Debt securities:    
Securities available-for-sale (at fair value) 2,627,959 2,226,543
Securities held-to-maturity (fair value $509.8 million at March 31, 2025 and $507.6 million at December 31, 2024) 624,650 635,186
Total debt securities 3,252,609 2,861,729
Loans held for sale 16,016 17,277
Loans 10,443,021 10,299,950
Allowance for credit losses (140,267) (138,055)
Loans, net of allowance for credit losses 10,302,754 10,161,895
Bank premises and equipment, net 108,478 107,555
OREO 7,176 6,421
Goodwill 732,417 732,417
Other intangible assets, net 66,372 71,723
Bank owned life insurance 311,453 308,995
Net deferred tax assets 93,595 102,989
Other assets 339,549 325,485
Total Assets 15,732,485 15,176,308
Liabilities    
Deposits 12,574,796 12,242,427
Securities sold under agreements to repurchase 201,128 232,071
FHLB borrowings 465,000 245,000
Long-term debt, net 107,132 106,966
Other liabilities 154,689 166,601
Total Liabilities 13,502,745 12,993,065
Shareholders’ Equity    
Common stock, par value $0.10 per share, authorized 120,000,000 shares, issued 86,333,738 and outstanding 85,618,257 at March 31, 2025, and authorized 120,000,000, issued 86,284,017 and outstanding 85,567,712 shares at December 31, 2024 8,633 8,628
Additional paid-in capital 1,828,234 1,824,935
Retained earnings 542,665 526,642
Treasury stock (19,072) (19,095)
Total shareholders' equity, before accumulated other comprehensive (loss) income, net 2,360,460 2,341,110
Accumulated other comprehensive loss, net (130,720) (157,867)
Total Shareholders’ Equity 2,229,740 2,183,243
Total Liabilities and Shareholders’ Equity $ 15,732,485 $ 15,176,308
v3.25.1
CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Held to maturity, fair value $ 509,751 $ 507,594
Common stock, par value (in dollars per share) $ 0.10 $ 0.10
Common stock, shares authorized (in shares) 120,000,000 120,000,000
Common stock, shares issued (in shares) 86,333,738 86,284,017
Common stock, shares outstanding (in shares) 85,618,257 85,567,712
v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities    
Net income $ 31,464 $ 26,006
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,205 2,110
Accretion of discounts on securities, net (807) (634)
Amortization of operating lease ROUAs 2,234 2,044
Other amortization and accretion, net 1,983 232
Stock-based compensation 3,038 2,217
Origination of loans designated for sale (15,964) (31,264)
Sale of loans designated for sale 18,778 27,199
Provision for credit losses 9,250 1,368
Deferred income taxes 857 4,299
Gains on securities (196) (229)
Gains on sale of loans (1,992) (934)
Losses (gains) on sale and write-downs of OREO 134 (26)
Losses on disposition of fixed assets and write-downs upon transfer of bank premises to OREO 86 286
Changes in operating assets and liabilities, net of effects from acquired companies:    
Net (increase) decrease in other assets (8,048) 3,127
Net decrease in other liabilities (12,016) (11,129)
Net cash provided by operating activities 31,006 24,672
Cash Flows from Investing Activities    
Maturities and repayments of debt securities AFS 121,302 50,888
Maturities and repayments of debt securities HTM 10,575 10,441
Proceeds from sale of debt securities AFS 0 86,829
Purchases of debt securities AFS (485,904) (260,992)
Maturities and redemptions of time deposits with other banks 1,721 989
Purchases of time deposits with other banks 0 (2,988)
Net new loans and principal repayments (161,430) 87,371
Proceeds from the sale of loans held for investment 14,532 0
Proceeds from sale of OREO 97 1,243
Proceeds from sale of FHLB and Federal Reserve Bank stock 9,026 2,483
Purchase of FHLB and Federal Reserve Bank stock (20,020) (5,320)
Proceeds from sale of Visa Class B shares 0 4,104
Additions to bank premises and equipment (3,214) (762)
Net cash used in investing activities (513,315) (25,714)
Cash Flows from Financing Activities    
Net increase in deposits 332,369 238,906
Net decrease in repurchase agreements (30,943) (47,841)
Repayments of FHLB borrowings with original maturities of more than three months (190,000) (50,000)
Proceeds from FHLB borrowings with original maturities of more than three months 410,000 110,000
Stock-based employee benefit plans 289 813
Dividends paid (15,441) (15,294)
Net cash provided by financing activities 506,274 236,584
Net increase in cash and cash equivalents 23,965 235,542
Cash and cash equivalents at beginning of period 476,607 447,182
Cash and cash equivalents at end of period 500,572 682,724
Supplemental disclosure of cash flow information:    
Cash paid for interest 68,270 70,378
Cash paid for taxes 0 0
Recognition of operating lease ROUAs, other than through bank acquisitions, net of terminations 7,866 0
Recognition of operating lease liabilities, other than through bank acquisitions, net of terminations 7,866 0
Supplemental disclosure of non-cash investing activities:    
Transfers from loans to OREO 986 89
Transfers from bank premises to OREO $ 0 $ 883
v3.25.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2023   84,861,000        
Beginning balance at Dec. 31, 2023 $ 2,108,086 $ 8,486 $ 1,808,883 $ 467,305 $ (16,710) $ (159,878)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income (loss) 21,928     26,006   (4,078)
Stock-based compensation expense 2,217   2,217      
Common stock transactions related to stock-based employee benefit plans (in shares)   74,000        
Common stock transactions related to stock-based employee benefit plans 813 $ 8 841   (36)  
Dividends on common stock (15,294)     (15,294)    
Increase (decrease) in shares during period (in shares)   74,000        
Increase (decrease) in stockholders' equity during period 9,664 $ 8 3,058 10,712 (36) (4,078)
Ending balance (in shares) at Mar. 31, 2024   84,935,000        
Ending balance at Mar. 31, 2024 $ 2,117,750 $ 8,494 1,811,941 478,017 (16,746) (163,956)
Beginning balance (in shares) at Dec. 31, 2024 85,567,712 85,568,000        
Beginning balance at Dec. 31, 2024 $ 2,183,243 $ 8,628 1,824,935 526,642 (19,095) (157,867)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Comprehensive income (loss) 58,611     31,464   27,147
Stock-based compensation expense 3,038   3,038      
Common stock transactions related to stock-based employee benefit plans (in shares)   50,000        
Common stock transactions related to stock-based employee benefit plans 289 $ 5 261   23  
Dividends on common stock (15,441)     (15,441)    
Increase (decrease) in shares during period (in shares)   50,000        
Increase (decrease) in stockholders' equity during period $ 46,497 $ 5 3,299 16,023 23 27,147
Ending balance (in shares) at Mar. 31, 2025 85,618,257 85,618,000        
Ending balance at Mar. 31, 2025 $ 2,229,740 $ 8,633 $ 1,828,234 $ 542,665 $ (19,072) $ (130,720)
v3.25.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Stockholders' Equity [Abstract]    
Dividends on common stock (in dollars per share) $ 0.18 $ 0.18
v3.25.1
Basis of Presentation
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Basis of Presentation Basis of Presentation
Basis of Presentation: The accompanying unaudited consolidated financial statements of Seacoast Banking Corporation of Florida and its subsidiaries (the “Company”) have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Certain prior period amounts have been reclassified to conform to the current period presentation.
Operating results for the three months ended March 31, 2025, are not necessarily indicative of the results that may be expected for the year ending December 31, 2025, or any other period. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
Use of Estimates: The preparation of these consolidated financial statements requires management to make judgments in the application of certain accounting policies that involve significant estimates and assumptions. The Company has established policies and control procedures that are intended to ensure valuation methods are well-controlled and applied consistently from period to period. These estimates and assumptions, which may materially affect the reported amounts of certain assets, liabilities, revenues, and expenses, are based on information available as of the date of the financial statements, and changes in this information over time and the use of revised estimates and assumptions could materially affect amounts reported in subsequent financial statements. Specific areas, among others, requiring the application of management’s estimates include the determination of the allowance for credit losses, acquisition accounting and purchased loans, intangible assets and impairment testing, and other fair value measurements.
Issued Accounting Standards
In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures. ASU 2023-09 requires disclosure of specific categories in the income tax rate reconciliation and requires additional information for reconciling items that meet a quantitative threshold. The standard requires an annual disclosure of income taxes paid, net of refunds received, disaggregated by federal, state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. The standard is effective for fiscal years beginning after December 15, 2024. The Company does not expect the adoption of the standard to have a material impact on its disclosures.
In November 2024, the FASB issued ASU 2024-03, Expense Disaggregation Disclosures. ASU 2024-03 requires disclosure to disaggregate prescribed expenses within relevant income statement captions. The standard is effective for fiscal years beginning after December 15, 2026 and for interim periods after December 15, 2027. Early adoption is permitted. The Company is evaluating the impact of the changes to its existing disclosures.
v3.25.1
Earnings per Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per common share are computed by dividing net income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted EPS are based on the weighted-average number of common shares outstanding during each period, plus common share equivalents, calculated for share-based awards outstanding using the treasury stock method.

For the three months ended March 31, 2025, 327,620 options to purchase shares of the Company’s common stock were anti-dilutive. For the three months ended March 31, 2024, 327,006 options to purchase shares of the Company’s common stock were anti-dilutive.
Three Months Ended March 31,
(Dollars in thousands, except per share data)20252024
Basic earnings per share  
Net income$31,464 $26,006 
Average common shares outstanding84,648 84,908 
Net income per share$0.37 $0.31 
Diluted earnings per share
Net income$31,464 $26,006 
Average common shares outstanding84,648 84,908 
Add: Dilutive effect of restricted stock and stock options740 362 
Average diluted shares outstanding85,388 85,270 
Net income per share$0.37 $0.31 
v3.25.1
Securities
 3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Securities Securities
The amortized cost, gross unrealized gains and losses and fair value of AFS and HTM securities at March 31, 2025 and December 31, 2024 are summarized as follows:
 March 31, 2025
(In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities   
U.S. Treasury securities and obligations of U.S. government agencies$26,631 $214 $(422)$26,423 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities2,119,865 8,158 (165,805)1,962,218 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities249,246 2,500 (8,110)243,636 
Private mortgage-backed securities and collateralized mortgage obligations124,038 210 (7,041)117,207 
Collateralized loan obligations265,450 568 (639)265,379 
Obligations of state and political subdivisions7,140 — (1,512)5,628 
Other debt securities7,389 79 — 7,468 
Totals$2,799,759 $11,729 $(183,529)$2,627,959 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$536,529 $— $(106,635)$429,894 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,121 — (8,264)79,857 
Totals$624,650 $— $(114,899)$509,751 
 December 31, 2024
(In thousands)Amortized
Cost		Gross Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities    
U.S. Treasury securities and obligations of U.S. government agencies$28,233 $29 $(522)$27,740 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities1,777,274 1,237 (190,536)1,587,975 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities206,537 1,195 (10,283)197,449 
Private mortgage-backed securities and collateralized mortgage obligations129,475 149 (8,382)121,242 
Collateralized loan obligations278,342 788 (166)278,964 
Obligations of state and political subdivisions7,139 — (1,449)5,690 
Other debt securities7,389 94 — 7,483 
Totals$2,434,389 $3,492 $(211,338)$2,226,543 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$546,444 $— $(117,620)$428,824 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,742 — (9,972)78,770 
Totals$635,186 $— $(127,592)$507,594 
During the three months ended March 31, 2025, there were no sales of securities. During the three months ended March 31, 2024, debt securities with a fair value of $86.8 million were sold, with gross losses of $3.8 million. Included in “Securities
gains (losses), net” are increases of $0.2 million for the three months ended March 31, 2025, and decreases of $0.1 million, for the three months ended March 31, 2024 in the value of investments in mutual funds that invest in CRA-qualified debt securities.
At March 31, 2025, debt securities with a fair value of $1.4 billion were pledged primarily as collateral for public deposits and secured borrowings.
The amortized cost and fair value of securities HTM and AFS as of March 31, 2025, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because prepayments of the underlying collateral for these securities may occur, due to the right to call or repay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
 Held-to-MaturityAvailable-for-Sale
(In thousands)Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
Due in less than one year$— $— $100 $97 
Due after one year through five years— — 6,586 6,595 
Due after five years through ten years— — 9,697 9,796 
Due after ten years— — 17,388 15,563 
 — — 33,771 32,051 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities536,529 429,894 2,119,865 1,962,218 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,121 79,857 249,246 243,636 
Private mortgage-backed securities and collateralized mortgage obligations— — 124,038 117,207 
Collateralized loan obligations— — 265,450 265,379 
Other debt securities— — 7,389 7,468 
Totals$624,650 $509,751 $2,799,759 $2,627,959 
The estimated fair value of a security is determined based on market quotations when available or, if not available, by using quoted market prices for similar securities, pricing models, or discounted cash flow analyses, or using observable market data. The tables below indicate the fair value of AFS debt securities with unrealized losses for which no allowance for credit losses has been recorded.
 March 31, 2025
 Less Than 12 Months12 Months or Longer
Total1
(In thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
U.S. Treasury securities and obligations of U.S. government agencies$11,817 $(97)$5,404 $(325)$17,221 $(422)
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities546,593 (35,096)607,377 (130,709)1,153,970 (165,805)
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities29,937 (865)68,150 (7,245)98,087 (8,110)
Private mortgage-backed securities and collateralized mortgage obligations304 (6)97,986 (7,035)98,290 (7,041)
Collateralized loan obligations91,511 (450)30,396 (189)121,907 (639)
Obligations of state and political subdivisions330 (5)5,298 (1,507)5,628 (1,512)
Totals$680,492 $(36,519)$814,611 $(147,010)$1,495,103 $(183,529)
1Comprised of 350 individual securities.
 December 31, 2024
 Less Than 12 Months12 Months or Longer
Total1
(In thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
U.S. Treasury securities and obligations of U.S. government agencies$4,825 $(13)$18,060 $(509)$22,885 $(522)
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities648,967 (7,578)739,363 (182,958)1,388,330 (190,536)
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities13,200 (222)107,041 (10,061)120,241 (10,283)
Private mortgage-backed securities and collateralized mortgage obligations7,178 (16)101,242 (8,366)108,420 (8,382)
Collateralized loan obligations43,410 (152)7,596 (14)51,006 (166)
Obligations of state and political subdivisions319 (15)5,371 (1,434)5,690 (1,449)
Totals$717,899 $(7,996)$978,673 $(203,342)$1,696,572 $(211,338)
1Comprised of 377 individual securities.
At March 31, 2025, the Company had unrealized losses of $0.4 million on U.S. Treasury securities and obligations of U.S. government agencies having a fair value of $17.2 million. These securities are either explicitly or implicitly guaranteed by the full faith and credit of the U.S. government. The Company does not expect individual securities issued by the U.S. Treasury, a U.S. agency, or a sponsored U.S. agency to incur future losses of principal. Based on the assessment of all relevant factors, the Company believes that the unrealized loss positions on these debt securities are a function of changes in investment spreads and interest rate movements and not changes in credit quality, and expects to recover the entire amortized cost basis of these securities. Therefore, at March 31, 2025, no allowance for credit losses has been recorded.
At March 31, 2025, the Company had unrealized losses of $173.9 million on commercial and residential mortgage-backed securities and collateralized mortgage obligations issued by government-sponsored entities having a fair value of $1.3 billion. These securities are either explicitly or implicitly guaranteed by the U.S. government and have a long history of no credit losses. The implied government guarantee of principal and interest payments and the high credit rating of the portfolio provide a sufficient basis for the current expectation that there is no risk of loss if default were to occur. Based on the assessment of all relevant factors, the Company believes that the unrealized loss positions on these debt securities are a function of changes in investment spreads and interest rate movements and not changes in credit quality, and expects to recover the entire amortized cost basis of these securities. Therefore, at March 31, 2025, no allowance for credit losses has been recorded.
At March 31, 2025, the Company had $7.0 million of unrealized losses on private label residential and commercial mortgage-backed securities and collateralized mortgage obligations having a fair value of $98.3 million. The securities have weighted- average credit support of 22%. Based on the evaluation of available information relevant to collectibility, the Company believes that the unrealized loss positions on these debt securities are a function of changes in investment spreads and interest rate movements and not changes in credit quality, and expects to recover the entire amortized cost basis of these securities. Therefore, at March 31, 2025, no allowance for credit losses has been recorded.
At March 31, 2025, the Company had $0.6 million of unrealized losses in floating rate CLOs having a fair value of $121.9 million. CLOs are special purpose vehicles and those in which the Company has invested are nearly all first-lien, broadly syndicated corporate loans across a diversified band of industries while providing support to senior tranche investors. As of March 31, 2025, all positions held by the Company are in AAA and AA tranches, with weighted-average credit support of 36% and 28%, respectively. The Company evaluates the securities for potential credit losses by modeling expected loan-level defaults, recoveries, and prepayments for each CLO security. Based on the evaluation of available information relevant to collectibility, the Company believes that the unrealized loss positions on these debt securities are a function of changes in investment spreads and interest rate movements and not changes in credit quality, and expects to recover the entire amortized cost basis of these securities. Therefore, at March 31, 2025, no allowance for credit losses has been recorded.
At March 31, 2025, the Company had $1.5 million of unrealized losses on municipal securities having a fair value of $5.6 million. These securities are highly rated issuances of state or local municipalities, all of which are continuing to make timely contractual payments. Based on the evaluation of available information relevant to collectibility, the Company believes that the unrealized loss positions on these debt securities are a function of changes in investment spreads and interest rate movements and not changes in credit quality, and expects to recover the entire amortized cost basis of these securities. As a result, as of March 31, 2025, no allowance for credit losses has been recorded.
All HTM debt securities are issued by government-sponsored entities, which are either explicitly or implicitly guaranteed by the U.S. government and have a long history of no credit losses. The implied government guarantee of principal and interest payments, and the high credit rating of the HTM portfolio provide sufficient basis for the current expectation that there is no risk of loss if a default were to occur. As a result, as of March 31, 2025, no allowance for credit losses has been recorded. The Company has the intent and ability to hold these securities until maturity.
Included in Other Assets at March 31, 2025 and December 31, 2024 is $88.3 million and $77.3 million, respectively, of FHLB and FRB stock stated at par value. The Company has not identified events or changes in circumstances which may have a significant adverse effect on the fair value of these cost method investment securities. Accrued interest receivable on AFS and HTM debt securities of $10.4 million and $1.0 million, respectively, at March 31, 2025, and $9.2 million and $1.0 million, respectively, at December 31, 2024, is included in Other Assets. Also included in Other Assets are investments in CRA-qualified mutual funds carried at fair value of $13.7 million and $13.5 million at March 31, 2025 and December 31, 2024, respectively.
v3.25.1
Loans
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Loans Loans
Loans held for investment are categorized into the following segments:
•Construction and land development: Loans are extended to both commercial and consumer customers which are collateralized by and for the purpose of funding land development and construction projects, including commercial, 1-4 family residential, multi-family, and non-farm residential properties where the primary source of repayment is from proceeds of the sale, refinancing or permanent financing of the property.
•Commercial real estate - owner occupied: Loans are extended to commercial customers for the purpose of acquiring or refinancing real estate to be occupied by the borrower’s business. These loans are collateralized by the subject property and the repayment of these loans is largely dependent on the performance of the company occupying the property.
•Commercial real estate - non-owner occupied: Loans are extended to commercial customers for the purpose of acquiring or refinancing commercial property where occupancy by the borrower is not their primary intent. These loans are viewed primarily as cash flow loans, collateralized by the subject property, and the repayment of these loans is largely dependent on rental income from third parties or from the sale of the property.
•Residential real estate: Loans are extended to consumer customers and collateralized primarily by 1-4 family residential properties and include fixed and variable rate mortgages, home equity mortgages, and home equity lines of credit. Loans are primarily written based on conventional loan agency guidelines, including loans that exceed agency value limitations. Sources of repayment are largely dependent on the occupant of the residential property.
•Commercial and financial: Loans are extended to commercial customers. The purpose of the loans can be working capital, physical asset expansion, asset acquisition, or other business purposes. Loans may be collateralized by assets owned by the borrower or the borrower’s business. Commercial loans are based primarily on the historical and projected cash flow of the borrower’s business and secondarily on the capacity of credit enhancements, guarantees, and underlying collateral provided by the borrower.
•Consumer: Loans are extended to consumer customers. The segment includes both installment loans and lines of credit which may be collateralized or non-collateralized.
The following tables present net loan balances by segment for portfolio loans, PCD and loans purchased which are not considered credit deteriorated (“Non-PCD”) as of:

 March 31, 2025
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$559,883 $58,076 $534 $618,493 
Commercial real estate - owner occupied1,222,670 461,936 28,973 1,713,579 
Commercial real estate - non-owner occupied2,329,640 1,091,992 91,768 3,513,400 
Residential real estate1,934,625 704,205 14,182 2,653,012 
Commercial and financial1,551,312 181,145 20,633 1,753,090 
Consumer154,402 36,846 199 191,447 
Totals$7,752,532 $2,534,200 $156,289 $10,443,021 
 December 31, 2024
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$568,148 $79,370 $535 $648,053 
Commercial real estate - owner occupied1,177,538 477,459 31,632 1,686,629 
Commercial real estate - non-owner occupied2,243,056 1,156,849 103,903 3,503,808 
Residential real estate1,882,955 719,589 14,241 2,616,785 
Commercial and financial1,424,689 199,146 27,519 1,651,354 
Consumer155,786 37,282 253 193,321 
Totals$7,452,172 $2,669,695 $178,083 $10,299,950 
The amortized cost basis of loans included net deferred costs of $47.0 million at March 31, 2025 and $43.9 million at December 31, 2024. At March 31, 2025, the remaining fair value adjustments on acquired loans were $119.5 million, or 4.3% of the outstanding acquired loan balances, compared to $128.1 million, or 4.3% of the acquired loan balances at December 31, 2024. The discount is accreted into interest income over the remaining lives of the related loans on a level yield basis.
Accrued interest receivable is included within Other Assets and was $39.0 million and $38.1 million at March 31, 2025 and December 31, 2024, respectively.
The following tables present the status of net loan balances as of March 31, 2025 and December 31, 2024.
 March 31, 2025
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$557,384 $2,396 $— $— $103 $559,883 
Commercial real estate - owner occupied1,214,804 5,723 — — 2,143 1,222,670 
Commercial real estate - non-owner occupied2,316,118 594 — — 12,928 2,329,640 
Residential real estate1,923,523 3,135 722 — 7,245 1,934,625 
Commercial and financial1,539,318 1,088 167 — 10,739 1,551,312 
Consumer153,068 617 — — 717 154,402 
Total Portfolio Loans$7,704,215 $13,553 $889 $— $33,875 $7,752,532 
Acquired Non-PCD Loans
Construction and land development$57,295 $168 $30 $64 $519 $58,076 
Commercial real estate - owner occupied457,542 702 — — 3,692 461,936 
Commercial real estate - non-owner occupied1,089,164 63 — — 2,765 1,091,992 
Residential real estate693,088 892 129 — 10,096 704,205 
Commercial and financial177,773 — — — 3,372 181,145 
Consumer33,510 6 — — 3,330 36,846 
 Total Acquired Non-PCD Loans$2,508,372 $1,831 $159 $64 $23,774 $2,534,200 
PCD Loans
Construction and land development$42 $— $— $— $492 $534 
Commercial real estate - owner occupied27,188 — — — 1,785 28,973 
Commercial real estate - non-owner occupied84,579 525 — — 6,664 91,768 
Residential real estate13,319 — 167 — 696 14,182 
Commercial and financial16,926 — — — 3,707 20,633 
Consumer174 — — — 25 199 
Total PCD Loans$142,228 $525 $167 $— $13,369 $156,289 
Total Loans$10,354,815 $15,909 $1,215 $64 $71,018 $10,443,021 
 
 December 31, 2024
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$567,896 $127 $— $— $125 $568,148 
Commercial real estate - owner occupied1,172,287 3,083 — — 2,168 1,177,538 
Commercial real estate - non-owner occupied2,225,216 833 — — 17,007 2,243,056 
Residential real estate1,866,295 5,466 450 — 10,744 1,882,955 
Commercial and financial1,411,623 1,075 106 — 11,885 1,424,689 
Consumer152,129 331 5 — 3,321 155,786 
 Total Portfolio Loans$7,395,446 $10,915 $561 $— $45,250 $7,452,172 
Acquired Non-PCD Loans
Construction and land development$78,728 $8 $99 $— $535 $79,370 
Commercial real estate - owner occupied473,118 2,414 — — 1,927 477,459 
Commercial real estate - non-owner occupied1,151,541 148 — — 5,160 1,156,849 
Residential real estate706,566 1,064 131 — 11,828 719,589 
Commercial and financial195,853 — — 35 3,258 199,146 
Consumer32,375 11 1 — 4,895 37,282 
 Total Acquired Non-PCD Loans$2,638,181 $3,645 $231 $35 $27,603 $2,669,695 
PCD Loans
Construction and land development$43 $— $— $— $492 $535 
Commercial real estate - owner occupied26,987 — — — 4,645 31,632 
Commercial real estate - non-owner occupied96,188 — — — 7,715 103,903 
Residential real estate12,752 — — 167 1,322 14,241 
Commercial and financial22,153 — — — 5,366 27,519 
Consumer200 — — — 53 253 
 Total PCD Loans$158,323 $— $— $167 $19,593 $178,083 
Total Loans$10,191,950 $14,560 $792 $202 $92,446 $10,299,950 
All interest accrued but not received for loans placed on nonaccrual is reversed against interest income. Interest subsequently received on such loans is accounted for under the cost-recovery method, whereby interest income is not recognized until the loan balance is paid down to zero. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, and future payments are reasonably assured. The Company recognized interest income of $0.7 million and $0.2 million on nonaccrual loans during the three months ended March 31, 2025 and March 31, 2024, respectively.
The following tables present net balances of loans on nonaccrual status as of:
March 31, 2025
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual Loans
Construction and land development$492 $622 $1,114 
Commercial real estate - owner occupied— 7,620 7,620 
Commercial real estate - non-owner occupied21,426 931 22,357 
Residential real estate5,570 12,467 18,037 
Commercial and financial2,713 15,105 17,818 
Consumer— 4,072 4,072 
Totals $30,201 $40,817 $71,018 
December 31, 2024
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual Loans
Construction and land development$492 $660 $1,152 
Commercial real estate - owner occupied2,622 6,118 8,740 
Commercial real estate - non-owner occupied29,449 433 29,882 
Residential real estate6,462 17,432 23,894 
Commercial and financial2,703 17,806 20,509 
Consumer2,416 5,853 8,269 
Totals$44,144 $48,302 $92,446 

Loans by Risk Rating
The Company utilizes an internal asset classification system as a means of identifying problem and potential problem loans. The following classifications are used to categorize loans under the internal classification system:
•Pass: Loans that are not problem loans or potential problem loans are considered to be pass-rated.
•Special Mention: Loans that do not currently expose the Company to sufficient risk to warrant classification in the Substandard or Doubtful categories, but possess weaknesses that deserve management’s close attention are deemed to be Special Mention.
•Substandard: Loans with the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected.
•Doubtful: Loans that have all the weaknesses inherent in those classified Substandard with the added characteristic that the weakness present makes collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
The following tables present the risk rating of loans and year-to-date1 gross charge offs by year of origination as of:
March 31, 2025
(In thousands)20252024202320222021PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$7,367 $143,531 $165,481 $96,279 $39,060 $45,935 $112,792 $610,445 
Special Mention— — 6,212 — — 658 — 6,870 
Substandard— — — 154 87 937 — 1,178 
Doubtful— — — — — — — — 
Total$7,367 $143,531 $171,693 $96,433 $39,147 $47,530 $112,792 $618,493 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - owner occupied
Risk Ratings:
Pass$51,751 $182,890 $142,750 $256,132 $250,906 $752,667 $17,004 $1,654,100 
Special Mention— — 12,696 82 751 19,030 — 32,559 
Substandard— 87 1,055 5,727 374 19,276 401 26,920 
Doubtful— — — — — — — — 
Total$51,751 $182,977 $156,501 $261,941 $252,031 $790,973 $17,405 $1,713,579 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$63,479 $493,178 $212,315 $845,590 $563,482 $1,203,624 $20,077 $3,401,745 
Special Mention— 26 2,957 616 7,234 18,214 — 29,047 
Substandard— — — 29,546 17,847 35,004 — 82,397 
Doubtful— — — — 211 — — 211 
Total$63,479 $493,204 $215,272 $875,752 $588,774 $1,256,842 $20,077 $3,513,400 
Gross Charge Offs$— $— $— $— $— $320 $— $320 
Residential real estate
Risk Ratings:
Pass$48,840 $178,525 $171,920 $492,408 $621,781 $584,241 $533,777 $2,631,492 
Special Mention— — 17 — 704 296 1,904 2,921 
Substandard— 636 1,224 4,999 1,397 4,196 6,147 18,599 
Doubtful— — — — — — — — 
Total$48,840 $179,161 $173,161 $497,407 $623,882 $588,733 $541,828 $2,653,012 
Gross Charge Offs$— $— $— $— $— $1 $— $1 
Commercial and financial
Risk Ratings:
Pass$161,208 $373,240 $160,168 $237,004 $213,537 $175,905 $385,449 $1,706,511 
Special Mention— — 797 952 7,257 1,867 4,268 15,141 
Substandard— — 108 7,272 8,231 11,552 3,377 30,540 
Doubtful— — — — — — 898 898 
Total$161,208 $373,240 $161,073 $245,228 $229,025 $189,324 $393,992 $1,753,090 
Gross Charge Offs$— $— $— $153 $747 $5,187 $382 $6,469 
Consumer
Risk Ratings:
Pass$3,798 $15,217 $12,444 $24,567 $18,705 $40,239 $72,330 $187,300 
Special Mention— — — — — 48 48 
Substandard— 25 13 3,423 5 613 20 4,099 
Doubtful— — — — — — — — 
Total$3,798 $15,242 $12,457 $27,990 $18,710 $40,852 $72,398 $191,447 
Gross Charge Offs$165 $61 $7 $1,160 $43 $28 $23 $1,487 
Consolidated
Total$336,443 $1,387,355 $890,157 $2,004,751 $1,751,569 $2,914,254 $1,158,492 $10,443,021 
Gross Charge Offs$165 $61 $7 $1,313 $790 $5,536 $405 $8,277 
1 Represents gross charge-offs for the three months ending March 31, 2025.
December 31, 2024
(In thousands)20242023202220212020PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$113,993 $160,801 $161,122 $39,276 $8,547 $36,342 $126,659 $646,740 
Special Mention— — — — — 75 — 75 
Substandard— — 183 90 — 965 — 1,238 
Doubtful— — — — — — — — 
Total$113,993 $160,801 $161,305 $39,366 $8,547 $37,382 $126,659 $648,053 
Gross Charge Offs$— $— $— $— $— $1 $— $1 
Commercial real estate - owner occupied
Risk Ratings:
Pass$184,312 $139,197 $260,266 $257,711 $153,702 $628,391 $20,674 $1,644,253 
Special Mention— — 4,975 2,344 2,418 7,965 1 17,703 
Substandard89 1,061 2,821 377 5,870 14,106 349 24,673 
Doubtful— — — — — — — — 
Total$184,401 $140,258 $268,062 $260,432 $161,990 $650,462 $21,024 $1,686,629 
Gross Charge Offs$— $— $179 $— $— $162 $— $341 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$495,361 $236,306 $820,739 $581,892 $237,777 $1,012,209 $24,752 $3,409,036 
Special Mention27 — 4,773 1,269 5,265 25,245 — 36,579 
Substandard— — 10,462 10,684 16,437 20,610 — 58,193 
Doubtful— — — — — — — — 
Total$495,388 $236,306 $835,974 $593,845 $259,479 $1,058,064 $24,752 $3,503,808 
Gross Charge Offs$— $— $— $— $89 $1,396 $— $1,485 
Residential real estate
Risk Ratings:
Pass$130,178 $173,606 $492,412 $631,313 $153,786 $490,156 $517,136 $2,588,587 
Special Mention— 22 — — — 164 3,434 3,620 
Substandard693 1,019 5,068 1,212 105 7,041 9,440 24,578 
Doubtful— — — — — — — — 
Total$130,871 $174,647 $497,480 $632,525 $153,891 $497,361 $530,010 $2,616,785 
Gross Charge Offs$— $— $— $— $40 $62 $32 $134 
Commercial and financial
Risk Ratings:
Pass$373,569 $180,423 $253,120 $232,427 $82,964 $117,276 $362,701 $1,602,480 
Special Mention— 382 755 2,839 232 1,904 2,163 8,275 
Substandard— 115 8,547 9,810 6,147 10,604 5,376 40,599 
Doubtful— — — — — — — — 
Total$373,569 $180,920 $262,422 $245,076 $89,343 $129,784 $370,240 $1,651,354 
Gross Charge Offs$— $— $2,762 $10,669 $— $3,111 $1,074 $17,616 
Consumer
Risk Ratings:
Pass$14,627 $14,049 $26,332 $20,721 $11,682 $30,022 $67,562 $184,995 
Special Mention— 5 1 — — — 54 60 
Substandard75 25 4,953 40 2,435 737 1 8,266 
Doubtful— — — — — — — — 
Total$14,702 $14,079 $31,286 $20,761 $14,117 $30,759 $67,617 $193,321 
Gross Charge Offs$789 $457 $5,471 $4,828 $255 $221 $267 $12,288 
Consolidated
Total$1,312,924 $907,011 $2,056,529 $1,792,005 $687,367 $2,403,812 $1,140,302 $10,299,950 
Gross Charge Offs$789 $457 $8,412 $15,497 $384 $4,953 $1,373 $31,865 
1 Represents gross charge-offs for the year ending December 31, 2024.
Troubled Borrower Modifications
The following tables present the amortized cost of TBM loans that were modified during the three months ended March 31, 2025 and March 31, 2024.
March 31, 2025
(In thousands)
Rate Reduction or Rate Reduction with Term Extension
Term Extension and/or Payment Delay
Total1
% of Total Class of Loans
Construction and land development$— $— $— — %
Commercial real estate - owner occupied94 — 94 0.01 
Commercial real estate - non-owner occupied— — — — 
Residential real estate— 72 72 — 
Commercial and financial73 1,367 1,440 0.08 
Consumer— — — — 
Totals$167 $1,439 $1,606 0.02 %
1At March 31, 2025, the unfunded lending related commitments associated with TBM were immaterial.
March 31, 2024
(In thousands)
Rate Reduction or Rate Reduction with Term Extension
Term Extension and/or Payment Delay
Total1
% of Total Class of Loans
Commercial real estate - owner occupied$3,324 $— $3,324 0.20 %
Commercial real estate - non-owner occupied810 — 810 0.02 
Residential real estate— 31 31 — 
Commercial and financial2,631 57 2,688 0.17 
Consumer— 523 523 0.22 
Totals$6,765 $611 $7,376 0.07 %
1At March 31, 2024, there were no unfunded lending related commitments associated with TBMs.
The following tables present the payment status of TBM loans that were modified in the twelve months prior to March 31, 2025 and in the twelve months prior to March 31, 2024.
March 31, 2025
(In thousands)CurrentAccruing
30-59 Days Past Due		Accruing
60-89 Days Past Due		Accruing
Greater
Than 90 Days		NonaccrualTotal
Construction and Land Development$111 $— $— $— $— $111 
Commercial real estate - owner occupied94 — — — — 94 
Residential real estate95 — — — 571 666 
Commercial and financial1,262 — — — 636 1,898 
Consumer28 — — — — 28 
Totals$1,590 $— $— $— $1,207 $2,797 
March 31, 2024
(In thousands)CurrentAccruing
30-59 Days Past Due		Accruing
60-89 Days Past Due		Accruing
Greater
Than 90 Days		NonaccrualTotal
Commercial real estate - owner occupied$522 $— $— $— $2,802 $3,324 
Commercial real estate - non-owner occupied— — — — 810 810 
Residential real estate31 — — — — 31 
Commercial and financial2,185 — — — 13,016 15,201 
Consumer2,299 290 148 231 143 3,111 
Totals$5,037 $290 $148 $231 $16,771 $22,477 
There were no TBM loans modified in the prior 12 months with a payment default during the three months ended March 31, 2025 and three months ended March 31, 2024.
v3.25.1
Allowance for Credit Losses
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Allowance for Credit Losses Allowance for Credit Losses
Activity in the allowance for credit losses is summarized as follows:
Three Months Ended March 31, 2025
(In thousands)Beginning
Balance		Provision
for Credit
Losses		Charge-
Offs		RecoveriesEnding
Balance
Construction and land development$7,252 $(483)$— $3 $6,772 
Commercial real estate - owner occupied11,825 772 — 1 12,598 
Commercial real estate - non-owner occupied43,866 878 (320)767 45,191 
Residential real estate39,168 1,160 (1)21 40,348 
Commercial and financial27,533 6,434 (6,469)113 27,611 
Consumer8,411 489 (1,487)334 7,747 
Totals$138,055 $9,250 $(8,277)$1,239 $140,267 
Three Months Ended March 31, 2024
(In thousands)Beginning
Balance		Provision
for Credit
Losses		Charge-
Offs		RecoveriesEnding
Balance
Construction and land development$8,637 $(1,640)$— $4 $7,001 
Commercial real estate - owner occupied5,529 4,484 — 4 10,017 
Commercial real estate - non-owner occupied48,288 (1,621)(84)18 46,601 
Residential real estate39,016 (631)— 243 38,628 
Commercial and financial34,343 (1,501)(2,656)521 30,707 
Consumer13,118 2,277 (1,888)208 13,715 
Totals$148,931 $1,368 $(4,628)$998 $146,669 
Management establishes the allowance using relevant available information from both internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Forecast data is sourced from Moody’s, a firm widely recognized for its research, analysis, and economic forecasts. The forecasts of future economic conditions are over the expected remaining life of the loan using economic forecasts that revert to long-term historical averages over time.
As of March 31, 2025 and December 31, 2024, the Company utilized a multiple scenario model comprised of a blend of Moody’s economic scenarios. Outcomes could differ from the scenarios utilized, and the Company incorporated qualitative considerations reflecting the risk of uncertain economic conditions, and for additional dimensions of risk that may not be captured in the quantitative model.
The following section discusses changes in the level of the allowance for credit losses for the three months ended March 31, 2025.
The allowance increased $2.2 million, or 1.6%, during the first quarter of 2025 to $140.3 million, or 1.34% of loans held for investment as of March 31, 2025.
In the Construction and Land Development segment, the decrease in allowance is primarily due to a decrease in outstanding loan balances. In this segment, the primary source of repayment is typically from proceeds of the sale or permanent financing of the underlying property; therefore, industry and collateral type and estimated collateral values are among the relevant factors in assessing expected losses.
In the Commercial Real Estate - Owner-Occupied segment, the allowance increased due to an increase in loan balances and increased uncertainty in the macroeconomic environment. Risk characteristics include, but are not limited to, collateral type, note structure and loan seasoning.
In the Commercial Real Estate - Non-Owner-Occupied segment, the allowance increase is driven by higher loan balances and increased uncertainty associated with the economy. Repayment is often dependent upon rental income from the successful operation of the underlying property or from the sale of the property. Loan performance may be adversely affected by general economic conditions or conditions specific to the real estate market, including property types. Collateral type, note structure, and loan seasoning are among the risk characteristics analyzed for this segment.
The Residential Real Estate segment includes residential mortgage, home equity loans, and HELOCs. The increase in the allowance is reflective of an increase in outstanding loan balances. Risk characteristics considered for this segment include, but are not limited to, borrower FICO score, lien position, loan to value ratios, and loan seasoning.
In the Commercial and Financial segment, borrowers are primarily small to medium sized professional firms and other businesses, and loans are generally supported by projected cash flows of the business, collateralized by business assets, and/or guaranteed by the business owners. The allowance change in the first quarter included an increase due to higher loan balances, which was offset by the charge-off of loans that were previously reserved. Industry, collateral type, estimated collateral values, and loan seasoning are among the relevant factors in assessing expected losses.
Consumer loans include installment and revolving lines, loans for automobiles, boats, and other personal or family purposes. Risk characteristics considered for this segment include, but are not limited to, collateral type, loan to value ratios, loan seasoning and FICO score. The decrease in allowance for consumer loans was driven by the continued decline in loan balances associated with a portfolio of acquired unsecured loans.
v3.25.1
Derivatives
 3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives Derivatives
Interest Rate Contracts
The Company offers interest rate swaps when requested by customers to allow them to hedge the risk of rising interest rates on their variable rate loans. Upon entering into these swaps, the Company enters into offsetting positions with counterparties in order to minimize the interest rate risk. These back-to-back swaps are freestanding financial derivatives with the fair values reported in Other Assets and Other Liabilities. The Company is party to master netting arrangements with its financial institution counterparties; however, the Company does not offset assets and liabilities under the arrangements for financial statement presentation purposes. Gains and losses on these back-to-back swaps, which offset, are recorded through noninterest income.
Interest Rate Swaps Designated as Fair Value Hedges
The Company has entered into interest rate swap contracts to hedge the risk of changes in fair value of the AFS securities portfolio due to changes in the SOFR. The Company considers these derivatives to be highly effective at offsetting changes in interest rates and assesses the effectiveness on a quarterly basis. The effect of changes in interest rates on the fair value of these derivative contracts is recognized in other comprehensive income. These derivative instruments are primarily for risk management purposes. For the three months ended March 31, 2025, the Company recognized, through other comprehensive income, net losses of $0.4 million, and reclassified net gains of $2 thousand out of accumulated other comprehensive income into interest income. For the three months ended March 31, 2024, the Company recognized through other comprehensive income, net gains of $4.0 million, and reclassified net gains of $61 thousand out of accumulated other comprehensive income into interest income.
The Company has entered into interest rate swap contracts to hedge the risk of changes in the fair value of a pool of residential mortgages due to changes in SOFR. These fair value hedges utilize the portfolio layer method. The Company considers these derivatives to be highly effective at offsetting changes in interest rates and assesses the effectiveness on a quarterly basis. The effect of changes in interest rates on the fair value of these derivative contracts is recognized in interest income. These derivative instruments are primarily for risk management purposes. For the three months ended March 31, 2025 and March 31, 2024, the Company recognized gains through interest income of $48 thousand and $0.4 million, respectively.
(In thousands)Notional AmountFair ValueBalance Sheet Category
March 31, 2025
Interest rate contracts1
$957,893 $26,848 Other Assets and Other Liabilities
Securities fair value hedges400,000 125 Other Assets
Residential mortgage fair value hedges400,000 16 Other Assets and Other Liabilities
December 31, 2024
Interest rate contracts1
$910,640 $28,184 Other Assets and Other Liabilities
Securities fair value hedges400,000 436 Other Assets
Residential mortgage fair value hedges400,000 121 Other Assets and Other Liabilities
1Interest rate contracts include risk participation agreements with notional amounts of $28.9 million and $28.9 million at March 31, 2025, and December 31, 2024, respectively with nominal fair value in both periods.
The following table presents amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges.
Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
(In thousands)March 31, 2025December 31, 2024March 31, 2025December 31, 2024
Securities available-for-sale 1
$457,037 $460,126 $398 $35 
Loans, net 2
582,314 596,632 234 283 
1 At March 31, 2025, and December 31, 2024, the amortized cost basis and unallocated basis adjustments used in hedging relationships was $540.4 million and $553.8 million, respectively. Refer to “Note 3 - Securities” for a reconciliation of the amortized cost and fair value of AFS securities.
2 These amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At March 31, 2025, the portfolio layer method was $400 million, of which $400 million was designated as hedged. At December 31, 2024, the portfolio layer method was $400 million, of which $400 million was designated as hedged.
v3.25.1
Securities Sold Under Agreements to Repurchase
 3 Months Ended
Mar. 31, 2025
Broker-Dealer [Abstract]  
Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase
Securities sold under agreements to repurchase are accounted for as secured borrowings. For securities sold under agreements to repurchase, the Company is required to pledge collateral with value sufficient to fully collateralize borrowings. Company securities pledged were as follows by collateral type and maturity as of: 
(In thousands)March 31, 2025December 31, 2024
Fair value of pledged securities - overnight and continuous:
Mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$235,949 $237,074 
v3.25.1
Regulatory Capital
 3 Months Ended
Mar. 31, 2025
Banking And Thrift Disclosure [Abstract]  
Regulatory Capital Regulatory Capital
The Company is well-capitalized and at March 31, 2025, the Company and the Company’s principal banking subsidiary, Seacoast Bank, exceeded the CET1 capital ratio regulatory threshold of 6.5% for well-capitalized institutions under the Basel III standardized transition approach, as well as risk-based and leverage ratio requirements for well-capitalized banks under the regulatory framework for prompt corrective action.
v3.25.1
Contingent Liabilities
 3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Contingent Liabilities Contingent Liabilities
The Company and its subsidiaries, because of the nature of their business, are at all times subject to numerous legal actions, threatened or filed. Management presently believes that none of the legal proceedings to which it is a party are likely to have a materially adverse effect on the Company’s consolidated financial condition, operating results or cash flows.
v3.25.1
Fair Value
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Fair Value
Under ASC Topic 820, fair value measurements for items measured at fair value on a recurring and nonrecurring basis at March 31, 2025 and December 31, 2024 included:
(In thousands)Fair Value
Measurements		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
At March 31, 2025    
Financial Assets
Debt securities available-for-sale1
$2,627,959 $197 $2,627,762 $— 
Derivative financial instruments2
26,973 — 26,973 — 
Loans held for sale2
16,016 — 16,016 — 
Loans3
1,950 — — 1,950 
OREO3
7,176 — — 7,176 
Equity securities4
13,717 13,717 — — 
Financial Liabilities
Derivative financial instruments2
$26,864 $— $26,864 $— 
At December 31, 2024
Financial Assets
Debt securities available-for-sale1
$2,226,543 $196 $2,226,347 $— 
Derivative financial instruments2
28,741 — 28,741 — 
Loans held for sale2
17,277 — 17,277 — 
Loans3
1,839 — — 1,839 
OREO3
6,421 — — 6,421 
Equity securities4
13,521 13,521 — — 
Financial Liabilities
Derivative financial instruments2
$28,305 $— $28,305 $— 
1See “Note 3 – Securities” for further detail of fair value of individual investment categories.
2Recurring fair value basis determined using observable market data.
3Fair value is measured on a nonrecurring basis.
4Investment in shares of mutual funds that invest primarily in CRA-qualified debt securities, reported at fair value in Other Assets. Recurring fair value basis is determined using market quotations.
Loans and OREO: Fair values of collateral-dependent real estate loans and OREO are based on recent real estate appraisals less estimated costs of sale. Evaluations may use either a single valuation approach or a combination of approaches, such as comparative sales, cost and/or income approach. Adjustments to comparable sales may be made by an appraiser to reflect local market conditions or other economic factors and may result in changes in the fair value of an asset over time, but none were made by management. As such, the fair values of these loans and properties are considered Level 3 in the fair value hierarchy. Collateral-dependent loans measured at fair value totaled $2.1 million with a specific reserve of $0.1 million at March 31, 2025, compared to $3.0 million with a specific reserve of $1.2 million at December 31, 2024.
For recurring fair value measurements, transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstances that caused the transfer, which generally coincides with the Company’s monthly and/or quarterly valuation process. During the three months ended March 31, 2025, there were no such transfers.
For additional information on the valuation techniques and significant inputs for Level 2 and Level 3 assets and liabilities that are measured at fair value on a recurring basis, see “Note 16 - Fair Value” of the Annual Report on Form 10-K for the year ended December 31, 2024.
The carrying amount and fair value of the Company’s other financial instruments that were not disclosed previously in the balance sheet and for which carrying amount is not fair value as of March 31, 2025 and December 31, 2024 is as follows:
(In thousands)Carrying AmountQuoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		Significant Unobservable Inputs
(Level 3)
March 31, 2025    
Financial Assets  
Held-to-maturity debt securities1
$624,650 $— $509,751 $— 
Time deposits with other banks1,494 — 1,444 — 
Loans, net10,300,804 — — 10,176,542 
Financial Liabilities
Deposits12,574,796 — — 12,573,285 
FHLB borrowings465,000 — 463,106 — 
Long-term debt107,132 — 96,944 — 
December 31, 2024
Held-to-maturity debt securities1
$635,186 $— $507,594 $— 
Time deposits with other banks3,215 — 3,194 — 
Loans, net10,160,056 — — 10,019,964 
Financial Liabilities
Deposits12,242,427 — — 12,242,205 
FHLB borrowings245,000 — 243,795 — 
Long-term debt106,966 — 95,563 — 
1See “Note 3 – Securities” for further detail of recurring fair value basis of individual investment categories.
The short maturity of Seacoast’s assets and liabilities results in a significant number of financial instruments whose fair value equals or closely approximates carrying value. Such financial instruments are reported in the following balance sheet captions: cash and due from banks, interest bearing deposits with other banks, and securities sold under agreements to repurchase.
The following methods and assumptions were used to estimate the fair value of each class of financial instrument for which it is practicable to estimate that value at March 31, 2025 and December 31, 2024:
Held-to-maturity debt securities: These debt securities are reported at fair value utilizing Level 2 inputs. The estimated fair value of a security is determined based on market quotations when available or, if not available, by using quoted market prices for similar securities, pricing models or discounted cash flow analyses, using observable market data where available.
The Company reviews the prices supplied by independent pricing services, as well as their underlying pricing methodologies, for reasonableness and to ensure such prices are aligned with traditional pricing matrices. From time to time, the Company will validate, on a sample basis, prices supplied by the independent pricing service by comparison to prices obtained from other brokers and third-party sources or derived using internal models.
Loans: Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type, such as commercial or mortgage. Each loan category is further segmented into fixed and adjustable-rate interest terms as well as performing and nonperforming categories. The fair value of loans is calculated by discounting scheduled cash flows through the estimated life including prepayment considerations, using estimated market discount rates that reflect the risks inherent in the
loan. The fair value approach considers market-driven variables including credit related factors and reflects an “exit price” as defined in ASC Topic 820.
Investments at NAV: The Company has equity investments in SBICs accounted for under the fair value practical expedient of NAV totaling $23.2 million at March 31, 2025 and $21.1 million at December 31, 2024, which are not included in the fair value hierarchy. These investments are made primarily through various SBIC funds as a strategy to provide expansion and growth opportunities to small businesses and are subject to various risks, including market, liquidity and credit risk. SBICs are generally structured to operate for approximately 10 years and the Company’s investments are not redeemable. Distributions are received through the liquidation of the underlying assets, which is expected to occur over the next 5-10 years. Unfunded commitments related to these investments were $7.1 million at both March 31, 2025 and December 31, 2024.
Deposit liabilities: The fair value of demand deposits, savings accounts and money market deposits is the amount payable at the reporting date. The fair value of fixed maturity certificates of deposit is estimated using the rates currently offered for funding of similar remaining maturities.
v3.25.1
Business Combinations
 3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Business Combinations Business Combinations
Proposed Acquisition of Heartland Bancshares, Inc.
On February 27, 2025, the Company announced its proposed acquisition of Heartland Bancshares, Inc. (“Heartland”). The transaction, which is expected to close in the third quarter of 2025, will expand the Company’s presence in Central Florida. Heartland operates four branches, with total assets of approximately $763 million and deposits of approximately $666 million as of March 31, 2025. The acquisition is subject to customary regulatory approvals, Heartland shareholder approval, and the satisfaction of other customary closing conditions.
v3.25.1
Business Segment
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Business Segment Business Segment
The Company's one reportable segment provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers. Segment revenues are driven primarily by interest and fees on loans, interest on cash and cash equivalents and on investment securities, and fees on depository products and services.
The Company manages business activities, allocates resources and evaluates financial performance on an organization-wide basis. The chief operating decision maker (“CODM”) is the CEO. The financial results of the segment are presented using the same policies described in “Note 1 - Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
The CODM evaluates the performance of the segment and allocates resources based on net income that is also reported on the Consolidated Statements of Income as consolidated net income and segment assets that are reported on the Consolidated Balance Sheets as total consolidated assets. Net income is used to monitor budget versus actual results. The significant segment expenses that are regularly provided to the CODM are interest expense, provision for credit losses, salaries and wages, employee benefits, outsourced data processing costs, and occupancy, which are all reflected in the Consolidated Statements of Income. Certain noncash expenses, such as depreciation and amortization expense, are disclosed in the Consolidated Statement of Cash Flows.
v3.25.1
Pay vs Performance Disclosure - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Pay vs Performance Disclosure    
Net Income $ 31,464 $ 26,006
v3.25.1
Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.1
Basis of Presentation (Policies)
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation: The accompanying unaudited consolidated financial statements of Seacoast Banking Corporation of Florida and its subsidiaries (the “Company”) have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Certain prior period amounts have been reclassified to conform to the current period presentation.
Operating results for the three months ended March 31, 2025, are not necessarily indicative of the results that may be expected for the year ending December 31, 2025, or any other period. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
Use of Estimates
Use of Estimates: The preparation of these consolidated financial statements requires management to make judgments in the application of certain accounting policies that involve significant estimates and assumptions. The Company has established policies and control procedures that are intended to ensure valuation methods are well-controlled and applied consistently from period to period. These estimates and assumptions, which may materially affect the reported amounts of certain assets, liabilities, revenues, and expenses, are based on information available as of the date of the financial statements, and changes in this information over time and the use of revised estimates and assumptions could materially affect amounts reported in subsequent financial statements. Specific areas, among others, requiring the application of management’s estimates include the determination of the allowance for credit losses, acquisition accounting and purchased loans, intangible assets and impairment testing, and other fair value measurements.
Issued Accounting Standards
Issued Accounting Standards
In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures. ASU 2023-09 requires disclosure of specific categories in the income tax rate reconciliation and requires additional information for reconciling items that meet a quantitative threshold. The standard requires an annual disclosure of income taxes paid, net of refunds received, disaggregated by federal, state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. The standard is effective for fiscal years beginning after December 15, 2024. The Company does not expect the adoption of the standard to have a material impact on its disclosures.
In November 2024, the FASB issued ASU 2024-03, Expense Disaggregation Disclosures. ASU 2024-03 requires disclosure to disaggregate prescribed expenses within relevant income statement captions. The standard is effective for fiscal years beginning after December 15, 2026 and for interim periods after December 15, 2027. Early adoption is permitted. The Company is evaluating the impact of the changes to its existing disclosures.
Fair Value Measurement
Held-to-maturity debt securities: These debt securities are reported at fair value utilizing Level 2 inputs. The estimated fair value of a security is determined based on market quotations when available or, if not available, by using quoted market prices for similar securities, pricing models or discounted cash flow analyses, using observable market data where available.
The Company reviews the prices supplied by independent pricing services, as well as their underlying pricing methodologies, for reasonableness and to ensure such prices are aligned with traditional pricing matrices. From time to time, the Company will validate, on a sample basis, prices supplied by the independent pricing service by comparison to prices obtained from other brokers and third-party sources or derived using internal models.
Loans: Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type, such as commercial or mortgage. Each loan category is further segmented into fixed and adjustable-rate interest terms as well as performing and nonperforming categories. The fair value of loans is calculated by discounting scheduled cash flows through the estimated life including prepayment considerations, using estimated market discount rates that reflect the risks inherent in the
loan. The fair value approach considers market-driven variables including credit related factors and reflects an “exit price” as defined in ASC Topic 820.
Investments at NAV: The Company has equity investments in SBICs accounted for under the fair value practical expedient of NAV totaling $23.2 million at March 31, 2025 and $21.1 million at December 31, 2024, which are not included in the fair value hierarchy. These investments are made primarily through various SBIC funds as a strategy to provide expansion and growth opportunities to small businesses and are subject to various risks, including market, liquidity and credit risk. SBICs are generally structured to operate for approximately 10 years and the Company’s investments are not redeemable. Distributions are received through the liquidation of the underlying assets, which is expected to occur over the next 5-10 years. Unfunded commitments related to these investments were $7.1 million at both March 31, 2025 and December 31, 2024.
Deposit liabilities: The fair value of demand deposits, savings accounts and money market deposits is the amount payable at the reporting date. The fair value of fixed maturity certificates of deposit is estimated using the rates currently offered for funding of similar remaining maturities.
v3.25.1
Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Three Months Ended March 31,
(Dollars in thousands, except per share data)20252024
Basic earnings per share  
Net income$31,464 $26,006 
Average common shares outstanding84,648 84,908 
Net income per share$0.37 $0.31 
Diluted earnings per share
Net income$31,464 $26,006 
Average common shares outstanding84,648 84,908 
Add: Dilutive effect of restricted stock and stock options740 362 
Average diluted shares outstanding85,388 85,270 
Net income per share$0.37 $0.31 
v3.25.1
Securities (Tables)
 3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Fair Value of AFS and HTM Securities
The amortized cost, gross unrealized gains and losses and fair value of AFS and HTM securities at March 31, 2025 and December 31, 2024 are summarized as follows:
 March 31, 2025
(In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities   
U.S. Treasury securities and obligations of U.S. government agencies$26,631 $214 $(422)$26,423 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities2,119,865 8,158 (165,805)1,962,218 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities249,246 2,500 (8,110)243,636 
Private mortgage-backed securities and collateralized mortgage obligations124,038 210 (7,041)117,207 
Collateralized loan obligations265,450 568 (639)265,379 
Obligations of state and political subdivisions7,140 — (1,512)5,628 
Other debt securities7,389 79 — 7,468 
Totals$2,799,759 $11,729 $(183,529)$2,627,959 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$536,529 $— $(106,635)$429,894 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,121 — (8,264)79,857 
Totals$624,650 $— $(114,899)$509,751 
 December 31, 2024
(In thousands)Amortized
Cost		Gross Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities    
U.S. Treasury securities and obligations of U.S. government agencies$28,233 $29 $(522)$27,740 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities1,777,274 1,237 (190,536)1,587,975 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities206,537 1,195 (10,283)197,449 
Private mortgage-backed securities and collateralized mortgage obligations129,475 149 (8,382)121,242 
Collateralized loan obligations278,342 788 (166)278,964 
Obligations of state and political subdivisions7,139 — (1,449)5,690 
Other debt securities7,389 94 — 7,483 
Totals$2,434,389 $3,492 $(211,338)$2,226,543 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$546,444 $— $(117,620)$428,824 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,742 — (9,972)78,770 
Totals$635,186 $— $(127,592)$507,594 
Schedule of Amortized Cost and Fair Value of Held-to-Maturity Securities
The amortized cost, gross unrealized gains and losses and fair value of AFS and HTM securities at March 31, 2025 and December 31, 2024 are summarized as follows:
 March 31, 2025
(In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities   
U.S. Treasury securities and obligations of U.S. government agencies$26,631 $214 $(422)$26,423 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities2,119,865 8,158 (165,805)1,962,218 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities249,246 2,500 (8,110)243,636 
Private mortgage-backed securities and collateralized mortgage obligations124,038 210 (7,041)117,207 
Collateralized loan obligations265,450 568 (639)265,379 
Obligations of state and political subdivisions7,140 — (1,512)5,628 
Other debt securities7,389 79 — 7,468 
Totals$2,799,759 $11,729 $(183,529)$2,627,959 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$536,529 $— $(106,635)$429,894 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,121 — (8,264)79,857 
Totals$624,650 $— $(114,899)$509,751 
 December 31, 2024
(In thousands)Amortized
Cost		Gross Unrealized
Gains		Gross Unrealized
Losses		Fair
Value
Available-for-Sale Debt Securities    
U.S. Treasury securities and obligations of U.S. government agencies$28,233 $29 $(522)$27,740 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities1,777,274 1,237 (190,536)1,587,975 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities206,537 1,195 (10,283)197,449 
Private mortgage-backed securities and collateralized mortgage obligations129,475 149 (8,382)121,242 
Collateralized loan obligations278,342 788 (166)278,964 
Obligations of state and political subdivisions7,139 — (1,449)5,690 
Other debt securities7,389 94 — 7,483 
Totals$2,434,389 $3,492 $(211,338)$2,226,543 
Held-to-Maturity Debt Securities
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$546,444 $— $(117,620)$428,824 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,742 — (9,972)78,770 
Totals$635,186 $— $(127,592)$507,594 
Schedule of Investments Classified by Contractual Maturity
The amortized cost and fair value of securities HTM and AFS as of March 31, 2025, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because prepayments of the underlying collateral for these securities may occur, due to the right to call or repay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
 Held-to-MaturityAvailable-for-Sale
(In thousands)Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
Due in less than one year$— $— $100 $97 
Due after one year through five years— — 6,586 6,595 
Due after five years through ten years— — 9,697 9,796 
Due after ten years— — 17,388 15,563 
 — — 33,771 32,051 
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities536,529 429,894 2,119,865 1,962,218 
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities88,121 79,857 249,246 243,636 
Private mortgage-backed securities and collateralized mortgage obligations— — 124,038 117,207 
Collateralized loan obligations— — 265,450 265,379 
Other debt securities— — 7,389 7,468 
Totals$624,650 $509,751 $2,799,759 $2,627,959 
Schedule of Debt Securities in Unrealized Loss Position The tables below indicate the fair value of AFS debt securities with unrealized losses for which no allowance for credit losses has been recorded.
 March 31, 2025
 Less Than 12 Months12 Months or Longer
Total1
(In thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
U.S. Treasury securities and obligations of U.S. government agencies$11,817 $(97)$5,404 $(325)$17,221 $(422)
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities546,593 (35,096)607,377 (130,709)1,153,970 (165,805)
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities29,937 (865)68,150 (7,245)98,087 (8,110)
Private mortgage-backed securities and collateralized mortgage obligations304 (6)97,986 (7,035)98,290 (7,041)
Collateralized loan obligations91,511 (450)30,396 (189)121,907 (639)
Obligations of state and political subdivisions330 (5)5,298 (1,507)5,628 (1,512)
Totals$680,492 $(36,519)$814,611 $(147,010)$1,495,103 $(183,529)
1Comprised of 350 individual securities.
 December 31, 2024
 Less Than 12 Months12 Months or Longer
Total1
(In thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
U.S. Treasury securities and obligations of U.S. government agencies$4,825 $(13)$18,060 $(509)$22,885 $(522)
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities648,967 (7,578)739,363 (182,958)1,388,330 (190,536)
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities13,200 (222)107,041 (10,061)120,241 (10,283)
Private mortgage-backed securities and collateralized mortgage obligations7,178 (16)101,242 (8,366)108,420 (8,382)
Collateralized loan obligations43,410 (152)7,596 (14)51,006 (166)
Obligations of state and political subdivisions319 (15)5,371 (1,434)5,690 (1,449)
Totals$717,899 $(7,996)$978,673 $(203,342)$1,696,572 $(211,338)
1Comprised of 377 individual securities.
v3.25.1
Loans (Tables)
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Schedule of Portfolio Loans, Purchased Credit Impaired Loans and Purchased Unimpaired Loans
The following tables present net loan balances by segment for portfolio loans, PCD and loans purchased which are not considered credit deteriorated (“Non-PCD”) as of:

 March 31, 2025
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$559,883 $58,076 $534 $618,493 
Commercial real estate - owner occupied1,222,670 461,936 28,973 1,713,579 
Commercial real estate - non-owner occupied2,329,640 1,091,992 91,768 3,513,400 
Residential real estate1,934,625 704,205 14,182 2,653,012 
Commercial and financial1,551,312 181,145 20,633 1,753,090 
Consumer154,402 36,846 199 191,447 
Totals$7,752,532 $2,534,200 $156,289 $10,443,021 
 December 31, 2024
(In thousands)Portfolio LoansAcquired Non-PCD LoansPCD LoansTotal
Construction and land development$568,148 $79,370 $535 $648,053 
Commercial real estate - owner occupied1,177,538 477,459 31,632 1,686,629 
Commercial real estate - non-owner occupied2,243,056 1,156,849 103,903 3,503,808 
Residential real estate1,882,955 719,589 14,241 2,616,785 
Commercial and financial1,424,689 199,146 27,519 1,651,354 
Consumer155,786 37,282 253 193,321 
Totals$7,452,172 $2,669,695 $178,083 $10,299,950 
Schedule of Past Due Financing Receivables
The following tables present the status of net loan balances as of March 31, 2025 and December 31, 2024.
 March 31, 2025
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$557,384 $2,396 $— $— $103 $559,883 
Commercial real estate - owner occupied1,214,804 5,723 — — 2,143 1,222,670 
Commercial real estate - non-owner occupied2,316,118 594 — — 12,928 2,329,640 
Residential real estate1,923,523 3,135 722 — 7,245 1,934,625 
Commercial and financial1,539,318 1,088 167 — 10,739 1,551,312 
Consumer153,068 617 — — 717 154,402 
Total Portfolio Loans$7,704,215 $13,553 $889 $— $33,875 $7,752,532 
Acquired Non-PCD Loans
Construction and land development$57,295 $168 $30 $64 $519 $58,076 
Commercial real estate - owner occupied457,542 702 — — 3,692 461,936 
Commercial real estate - non-owner occupied1,089,164 63 — — 2,765 1,091,992 
Residential real estate693,088 892 129 — 10,096 704,205 
Commercial and financial177,773 — — — 3,372 181,145 
Consumer33,510 6 — — 3,330 36,846 
 Total Acquired Non-PCD Loans$2,508,372 $1,831 $159 $64 $23,774 $2,534,200 
PCD Loans
Construction and land development$42 $— $— $— $492 $534 
Commercial real estate - owner occupied27,188 — — — 1,785 28,973 
Commercial real estate - non-owner occupied84,579 525 — — 6,664 91,768 
Residential real estate13,319 — 167 — 696 14,182 
Commercial and financial16,926 — — — 3,707 20,633 
Consumer174 — — — 25 199 
Total PCD Loans$142,228 $525 $167 $— $13,369 $156,289 
Total Loans$10,354,815 $15,909 $1,215 $64 $71,018 $10,443,021 
 
 December 31, 2024
(In thousands)CurrentAccruing
30-59 Days
Past Due		Accruing
60-89 Days
Past Due		Accruing
Greater
Than
90 Days		NonaccrualTotal
Portfolio Loans      
Construction and land development$567,896 $127 $— $— $125 $568,148 
Commercial real estate - owner occupied1,172,287 3,083 — — 2,168 1,177,538 
Commercial real estate - non-owner occupied2,225,216 833 — — 17,007 2,243,056 
Residential real estate1,866,295 5,466 450 — 10,744 1,882,955 
Commercial and financial1,411,623 1,075 106 — 11,885 1,424,689 
Consumer152,129 331 5 — 3,321 155,786 
 Total Portfolio Loans$7,395,446 $10,915 $561 $— $45,250 $7,452,172 
Acquired Non-PCD Loans
Construction and land development$78,728 $8 $99 $— $535 $79,370 
Commercial real estate - owner occupied473,118 2,414 — — 1,927 477,459 
Commercial real estate - non-owner occupied1,151,541 148 — — 5,160 1,156,849 
Residential real estate706,566 1,064 131 — 11,828 719,589 
Commercial and financial195,853 — — 35 3,258 199,146 
Consumer32,375 11 1 — 4,895 37,282 
 Total Acquired Non-PCD Loans$2,638,181 $3,645 $231 $35 $27,603 $2,669,695 
PCD Loans
Construction and land development$43 $— $— $— $492 $535 
Commercial real estate - owner occupied26,987 — — — 4,645 31,632 
Commercial real estate - non-owner occupied96,188 — — — 7,715 103,903 
Residential real estate12,752 — — 167 1,322 14,241 
Commercial and financial22,153 — — — 5,366 27,519 
Consumer200 — — — 53 253 
 Total PCD Loans$158,323 $— $— $167 $19,593 $178,083 
Total Loans$10,191,950 $14,560 $792 $202 $92,446 $10,299,950 
Schedule of Nonaccrual Loans by Loan Category
The following tables present net balances of loans on nonaccrual status as of:
March 31, 2025
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual Loans
Construction and land development$492 $622 $1,114 
Commercial real estate - owner occupied— 7,620 7,620 
Commercial real estate - non-owner occupied21,426 931 22,357 
Residential real estate5,570 12,467 18,037 
Commercial and financial2,713 15,105 17,818 
Consumer— 4,072 4,072 
Totals $30,201 $40,817 $71,018 
December 31, 2024
(In thousands)Nonaccrual Loans With No Related AllowanceNonaccrual Loans With an AllowanceTotal Nonaccrual Loans
Construction and land development$492 $660 $1,152 
Commercial real estate - owner occupied2,622 6,118 8,740 
Commercial real estate - non-owner occupied29,449 433 29,882 
Residential real estate6,462 17,432 23,894 
Commercial and financial2,703 17,806 20,509 
Consumer2,416 5,853 8,269 
Totals$44,144 $48,302 $92,446 
Schedule of Risk Categories of Loans by Class of Loans
The following tables present the risk rating of loans and year-to-date1 gross charge offs by year of origination as of:
March 31, 2025
(In thousands)20252024202320222021PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$7,367 $143,531 $165,481 $96,279 $39,060 $45,935 $112,792 $610,445 
Special Mention— — 6,212 — — 658 — 6,870 
Substandard— — — 154 87 937 — 1,178 
Doubtful— — — — — — — — 
Total$7,367 $143,531 $171,693 $96,433 $39,147 $47,530 $112,792 $618,493 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - owner occupied
Risk Ratings:
Pass$51,751 $182,890 $142,750 $256,132 $250,906 $752,667 $17,004 $1,654,100 
Special Mention— — 12,696 82 751 19,030 — 32,559 
Substandard— 87 1,055 5,727 374 19,276 401 26,920 
Doubtful— — — — — — — — 
Total$51,751 $182,977 $156,501 $261,941 $252,031 $790,973 $17,405 $1,713,579 
Gross Charge Offs$— $— $— $— $— $— $— $— 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$63,479 $493,178 $212,315 $845,590 $563,482 $1,203,624 $20,077 $3,401,745 
Special Mention— 26 2,957 616 7,234 18,214 — 29,047 
Substandard— — — 29,546 17,847 35,004 — 82,397 
Doubtful— — — — 211 — — 211 
Total$63,479 $493,204 $215,272 $875,752 $588,774 $1,256,842 $20,077 $3,513,400 
Gross Charge Offs$— $— $— $— $— $320 $— $320 
Residential real estate
Risk Ratings:
Pass$48,840 $178,525 $171,920 $492,408 $621,781 $584,241 $533,777 $2,631,492 
Special Mention— — 17 — 704 296 1,904 2,921 
Substandard— 636 1,224 4,999 1,397 4,196 6,147 18,599 
Doubtful— — — — — — — — 
Total$48,840 $179,161 $173,161 $497,407 $623,882 $588,733 $541,828 $2,653,012 
Gross Charge Offs$— $— $— $— $— $1 $— $1 
Commercial and financial
Risk Ratings:
Pass$161,208 $373,240 $160,168 $237,004 $213,537 $175,905 $385,449 $1,706,511 
Special Mention— — 797 952 7,257 1,867 4,268 15,141 
Substandard— — 108 7,272 8,231 11,552 3,377 30,540 
Doubtful— — — — — — 898 898 
Total$161,208 $373,240 $161,073 $245,228 $229,025 $189,324 $393,992 $1,753,090 
Gross Charge Offs$— $— $— $153 $747 $5,187 $382 $6,469 
Consumer
Risk Ratings:
Pass$3,798 $15,217 $12,444 $24,567 $18,705 $40,239 $72,330 $187,300 
Special Mention— — — — — 48 48 
Substandard— 25 13 3,423 5 613 20 4,099 
Doubtful— — — — — — — — 
Total$3,798 $15,242 $12,457 $27,990 $18,710 $40,852 $72,398 $191,447 
Gross Charge Offs$165 $61 $7 $1,160 $43 $28 $23 $1,487 
Consolidated
Total$336,443 $1,387,355 $890,157 $2,004,751 $1,751,569 $2,914,254 $1,158,492 $10,443,021 
Gross Charge Offs$165 $61 $7 $1,313 $790 $5,536 $405 $8,277 
1 Represents gross charge-offs for the three months ending March 31, 2025.
December 31, 2024
(In thousands)20242023202220212020PriorRevolvingTotal
Construction and Land Development
Risk Ratings:
Pass$113,993 $160,801 $161,122 $39,276 $8,547 $36,342 $126,659 $646,740 
Special Mention— — — — — 75 — 75 
Substandard— — 183 90 — 965 — 1,238 
Doubtful— — — — — — — — 
Total$113,993 $160,801 $161,305 $39,366 $8,547 $37,382 $126,659 $648,053 
Gross Charge Offs$— $— $— $— $— $1 $— $1 
Commercial real estate - owner occupied
Risk Ratings:
Pass$184,312 $139,197 $260,266 $257,711 $153,702 $628,391 $20,674 $1,644,253 
Special Mention— — 4,975 2,344 2,418 7,965 1 17,703 
Substandard89 1,061 2,821 377 5,870 14,106 349 24,673 
Doubtful— — — — — — — — 
Total$184,401 $140,258 $268,062 $260,432 $161,990 $650,462 $21,024 $1,686,629 
Gross Charge Offs$— $— $179 $— $— $162 $— $341 
Commercial real estate - non-owner occupied
Risk Ratings:
Pass$495,361 $236,306 $820,739 $581,892 $237,777 $1,012,209 $24,752 $3,409,036 
Special Mention27 — 4,773 1,269 5,265 25,245 — 36,579 
Substandard— — 10,462 10,684 16,437 20,610 — 58,193 
Doubtful— — — — — — — — 
Total$495,388 $236,306 $835,974 $593,845 $259,479 $1,058,064 $24,752 $3,503,808 
Gross Charge Offs$— $— $— $— $89 $1,396 $— $1,485 
Residential real estate
Risk Ratings:
Pass$130,178 $173,606 $492,412 $631,313 $153,786 $490,156 $517,136 $2,588,587 
Special Mention— 22 — — — 164 3,434 3,620 
Substandard693 1,019 5,068 1,212 105 7,041 9,440 24,578 
Doubtful— — — — — — — — 
Total$130,871 $174,647 $497,480 $632,525 $153,891 $497,361 $530,010 $2,616,785 
Gross Charge Offs$— $— $— $— $40 $62 $32 $134 
Commercial and financial
Risk Ratings:
Pass$373,569 $180,423 $253,120 $232,427 $82,964 $117,276 $362,701 $1,602,480 
Special Mention— 382 755 2,839 232 1,904 2,163 8,275 
Substandard— 115 8,547 9,810 6,147 10,604 5,376 40,599 
Doubtful— — — — — — — — 
Total$373,569 $180,920 $262,422 $245,076 $89,343 $129,784 $370,240 $1,651,354 
Gross Charge Offs$— $— $2,762 $10,669 $— $3,111 $1,074 $17,616 
Consumer
Risk Ratings:
Pass$14,627 $14,049 $26,332 $20,721 $11,682 $30,022 $67,562 $184,995 
Special Mention— 5 1 — — — 54 60 
Substandard75 25 4,953 40 2,435 737 1 8,266 
Doubtful— — — — — — — — 
Total$14,702 $14,079 $31,286 $20,761 $14,117 $30,759 $67,617 $193,321 
Gross Charge Offs$789 $457 $5,471 $4,828 $255 $221 $267 $12,288 
Consolidated
Total$1,312,924 $907,011 $2,056,529 $1,792,005 $687,367 $2,403,812 $1,140,302 $10,299,950 
Gross Charge Offs$789 $457 $8,412 $15,497 $384 $4,953 $1,373 $31,865 
1 Represents gross charge-offs for the year ending December 31, 2024.
Schedule of Troubled Borrower Modifications
The following tables present the amortized cost of TBM loans that were modified during the three months ended March 31, 2025 and March 31, 2024.
March 31, 2025
(In thousands)
Rate Reduction or Rate Reduction with Term Extension
Term Extension and/or Payment Delay
Total1
% of Total Class of Loans
Construction and land development$— $— $— — %
Commercial real estate - owner occupied94 — 94 0.01 
Commercial real estate - non-owner occupied— — — — 
Residential real estate— 72 72 — 
Commercial and financial73 1,367 1,440 0.08 
Consumer— — — — 
Totals$167 $1,439 $1,606 0.02 %
1At March 31, 2025, the unfunded lending related commitments associated with TBM were immaterial.
March 31, 2024
(In thousands)
Rate Reduction or Rate Reduction with Term Extension
Term Extension and/or Payment Delay
Total1
% of Total Class of Loans
Commercial real estate - owner occupied$3,324 $— $3,324 0.20 %
Commercial real estate - non-owner occupied810 — 810 0.02 
Residential real estate— 31 31 — 
Commercial and financial2,631 57 2,688 0.17 
Consumer— 523 523 0.22 
Totals$6,765 $611 $7,376 0.07 %
1At March 31, 2024, there were no unfunded lending related commitments associated with TBMs.
The following tables present the payment status of TBM loans that were modified in the twelve months prior to March 31, 2025 and in the twelve months prior to March 31, 2024.
March 31, 2025
(In thousands)CurrentAccruing
30-59 Days Past Due		Accruing
60-89 Days Past Due		Accruing
Greater
Than 90 Days		NonaccrualTotal
Construction and Land Development$111 $— $— $— $— $111 
Commercial real estate - owner occupied94 — — — — 94 
Residential real estate95 — — — 571 666 
Commercial and financial1,262 — — — 636 1,898 
Consumer28 — — — — 28 
Totals$1,590 $— $— $— $1,207 $2,797 
March 31, 2024
(In thousands)CurrentAccruing
30-59 Days Past Due		Accruing
60-89 Days Past Due		Accruing
Greater
Than 90 Days		NonaccrualTotal
Commercial real estate - owner occupied$522 $— $— $— $2,802 $3,324 
Commercial real estate - non-owner occupied— — — — 810 810 
Residential real estate31 — — — — 31 
Commercial and financial2,185 — — — 13,016 15,201 
Consumer2,299 290 148 231 143 3,111 
Totals$5,037 $290 $148 $231 $16,771 $22,477 
v3.25.1
Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Schedule of Allowance for Credit Losses
Activity in the allowance for credit losses is summarized as follows:
Three Months Ended March 31, 2025
(In thousands)Beginning
Balance		Provision
for Credit
Losses		Charge-
Offs		RecoveriesEnding
Balance
Construction and land development$7,252 $(483)$— $3 $6,772 
Commercial real estate - owner occupied11,825 772 — 1 12,598 
Commercial real estate - non-owner occupied43,866 878 (320)767 45,191 
Residential real estate39,168 1,160 (1)21 40,348 
Commercial and financial27,533 6,434 (6,469)113 27,611 
Consumer8,411 489 (1,487)334 7,747 
Totals$138,055 $9,250 $(8,277)$1,239 $140,267 
Three Months Ended March 31, 2024
(In thousands)Beginning
Balance		Provision
for Credit
Losses		Charge-
Offs		RecoveriesEnding
Balance
Construction and land development$8,637 $(1,640)$— $4 $7,001 
Commercial real estate - owner occupied5,529 4,484 — 4 10,017 
Commercial real estate - non-owner occupied48,288 (1,621)(84)18 46,601 
Residential real estate39,016 (631)— 243 38,628 
Commercial and financial34,343 (1,501)(2,656)521 30,707 
Consumer13,118 2,277 (1,888)208 13,715 
Totals$148,931 $1,368 $(4,628)$998 $146,669 
v3.25.1
Derivatives (Tables)
 3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
(In thousands)Notional AmountFair ValueBalance Sheet Category
March 31, 2025
Interest rate contracts1
$957,893 $26,848 Other Assets and Other Liabilities
Securities fair value hedges400,000 125 Other Assets
Residential mortgage fair value hedges400,000 16 Other Assets and Other Liabilities
December 31, 2024
Interest rate contracts1
$910,640 $28,184 Other Assets and Other Liabilities
Securities fair value hedges400,000 436 Other Assets
Residential mortgage fair value hedges400,000 121 Other Assets and Other Liabilities
1Interest rate contracts include risk participation agreements with notional amounts of $28.9 million and $28.9 million at March 31, 2025, and December 31, 2024, respectively with nominal fair value in both periods.
The following table presents amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges.
Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
(In thousands)March 31, 2025December 31, 2024March 31, 2025December 31, 2024
Securities available-for-sale 1
$457,037 $460,126 $398 $35 
Loans, net 2
582,314 596,632 234 283 
1 At March 31, 2025, and December 31, 2024, the amortized cost basis and unallocated basis adjustments used in hedging relationships was $540.4 million and $553.8 million, respectively. Refer to “Note 3 - Securities” for a reconciliation of the amortized cost and fair value of AFS securities.
2 These amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At March 31, 2025, the portfolio layer method was $400 million, of which $400 million was designated as hedged. At December 31, 2024, the portfolio layer method was $400 million, of which $400 million was designated as hedged.
v3.25.1
Securities Sold Under Agreements to Repurchase (Tables)
 3 Months Ended
Mar. 31, 2025
Broker-Dealer [Abstract]  
Schedule of Securities Sold Under Agreements to Repurchase and Securities Pledged Company securities pledged were as follows by collateral type and maturity as of: 
(In thousands)March 31, 2025December 31, 2024
Fair value of pledged securities - overnight and continuous:
Mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities$235,949 $237,074 
v3.25.1
Fair Value (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets Measured on Recurring and Nonrecurring Basis
Under ASC Topic 820, fair value measurements for items measured at fair value on a recurring and nonrecurring basis at March 31, 2025 and December 31, 2024 included:
(In thousands)Fair Value
Measurements		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
At March 31, 2025    
Financial Assets
Debt securities available-for-sale1
$2,627,959 $197 $2,627,762 $— 
Derivative financial instruments2
26,973 — 26,973 — 
Loans held for sale2
16,016 — 16,016 — 
Loans3
1,950 — — 1,950 
OREO3
7,176 — — 7,176 
Equity securities4
13,717 13,717 — — 
Financial Liabilities
Derivative financial instruments2
$26,864 $— $26,864 $— 
At December 31, 2024
Financial Assets
Debt securities available-for-sale1
$2,226,543 $196 $2,226,347 $— 
Derivative financial instruments2
28,741 — 28,741 — 
Loans held for sale2
17,277 — 17,277 — 
Loans3
1,839 — — 1,839 
OREO3
6,421 — — 6,421 
Equity securities4
13,521 13,521 — — 
Financial Liabilities
Derivative financial instruments2
$28,305 $— $28,305 $— 
1See “Note 3 – Securities” for further detail of fair value of individual investment categories.
2Recurring fair value basis determined using observable market data.
3Fair value is measured on a nonrecurring basis.
4Investment in shares of mutual funds that invest primarily in CRA-qualified debt securities, reported at fair value in Other Assets. Recurring fair value basis is determined using market quotations.
Schedule of Carrying Amount and Fair Value of Other Significant Financial Instruments Not Measured on a Recurring Basis
The carrying amount and fair value of the Company’s other financial instruments that were not disclosed previously in the balance sheet and for which carrying amount is not fair value as of March 31, 2025 and December 31, 2024 is as follows:
(In thousands)Carrying AmountQuoted Prices in Active Markets for Identical Assets
(Level 1)		Significant Other Observable Inputs
(Level 2)		Significant Unobservable Inputs
(Level 3)
March 31, 2025    
Financial Assets  
Held-to-maturity debt securities1
$624,650 $— $509,751 $— 
Time deposits with other banks1,494 — 1,444 — 
Loans, net10,300,804 — — 10,176,542 
Financial Liabilities
Deposits12,574,796 — — 12,573,285 
FHLB borrowings465,000 — 463,106 — 
Long-term debt107,132 — 96,944 — 
December 31, 2024
Held-to-maturity debt securities1
$635,186 $— $507,594 $— 
Time deposits with other banks3,215 — 3,194 — 
Loans, net10,160,056 — — 10,019,964 
Financial Liabilities
Deposits12,242,427 — — 12,242,205 
FHLB borrowings245,000 — 243,795 — 
Long-term debt106,966 — 95,563 — 
1See “Note 3 – Securities” for further detail of recurring fair value basis of individual investment categories.
v3.25.1
Earnings per Share - Narrative (Details) - shares
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Earnings Per Share [Abstract]    
Antidilutive securities excluded from diluted earnings per share calculation (in shares) 327,620 327,006
v3.25.1
Earnings per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Basic earnings per share    
Net income $ 31,464 $ 26,006
Average common shares outstanding (in shares) 84,648 84,908
Net income per share (in dollars per share) $ 0.37 $ 0.31
Diluted earnings per share    
Average common shares outstanding (in shares) 84,648 84,908
Add: Dilutive effect of restricted stock and stock options (in shares) 740 362
Average diluted shares outstanding (in shares) 85,388 85,270
Net income per share (in dollars per share) $ 0.37 $ 0.31
v3.25.1
Securities - Amortized Cost and Fair Value of Securities Available for Sale and Held for Investment (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total $ 2,799,759 $ 2,434,389
Available for sale, gross unrealized gains 11,729 3,492
Available for sale, gross unrealized losses (183,529) (211,338)
Available for sale, fair value 2,627,959 2,226,543
Held-to-Maturity Debt Securities    
Held to maturity, amortized cost, total 624,650 635,186
Held to maturity, gross unrealized gains 0 0
Held to maturity, gross unrealized losses (114,899) (127,592)
Held to maturity, fair value 509,751 507,594
U.S. Treasury securities and obligations of U.S. government agencies    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 26,631 28,233
Available for sale, gross unrealized gains 214 29
Available for sale, gross unrealized losses (422) (522)
Available for sale, fair value 26,423 27,740
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 2,119,865 1,777,274
Available for sale, gross unrealized gains 8,158 1,237
Available for sale, gross unrealized losses (165,805) (190,536)
Available for sale, fair value 1,962,218 1,587,975
Held-to-Maturity Debt Securities    
Held to maturity, amortized cost, total 536,529 546,444
Held to maturity, gross unrealized gains 0 0
Held to maturity, gross unrealized losses (106,635) (117,620)
Held to maturity, fair value 429,894 428,824
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 249,246 206,537
Available for sale, gross unrealized gains 2,500 1,195
Available for sale, gross unrealized losses (8,110) (10,283)
Available for sale, fair value 243,636 197,449
Held-to-Maturity Debt Securities    
Held to maturity, amortized cost, total 88,121 88,742
Held to maturity, gross unrealized gains 0 0
Held to maturity, gross unrealized losses (8,264) (9,972)
Held to maturity, fair value 79,857 78,770
Private mortgage-backed securities and collateralized mortgage obligations    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 124,038 129,475
Available for sale, gross unrealized gains 210 149
Available for sale, gross unrealized losses (7,041) (8,382)
Available for sale, fair value 117,207 121,242
Collateralized loan obligations    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 265,450 278,342
Available for sale, gross unrealized gains 568 788
Available for sale, gross unrealized losses (639) (166)
Available for sale, fair value 265,379 278,964
Obligations of state and political subdivisions    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 7,140 7,139
Available for sale, gross unrealized gains 0 0
Available for sale, gross unrealized losses (1,512) (1,449)
Available for sale, fair value 5,628 5,690
Other debt securities    
Available-for-Sale Debt Securities    
Available for sale, amortized cost, total 7,389 7,389
Available for sale, gross unrealized gains 79 94
Available for sale, gross unrealized losses 0 0
Available for sale, fair value $ 7,468 $ 7,483
v3.25.1
Securities - Narrative (Details) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items]      
Proceeds from sale of available-for-sale debt securities, including legacy securities $ 0 $ 86,800,000  
Gross losses from sale of securities   3,800,000  
Unrealized losses on mortgage backed securities of government sponsored entities 183,529,000   $ 211,338,000
Fair value of securities in unrealized loss position 1,495,103,000   1,696,572,000
Held-to-maturity securities, allowance for credit loss 0    
Federal Home Loan Bank and Federal Reserve stock recorded in other assets 88,300,000   77,300,000
Accrued interest receivable on AFS debt securities 10,400,000   9,200,000
Accrued interest receivable on HTM debt securities 1,000,000.0   1,000,000.0
Asset Pledged as Collateral      
Debt Securities, Available-for-sale [Line Items]      
Fair value of debt securities pledged as collateral 1,400,000,000    
CRA - Qualified Mutual Fund      
Debt Securities, Available-for-sale [Line Items]      
Gross losses from sale of securities   $ 100,000  
Gross gains from sale of securities 200,000    
Investment in mutual fund carried at fair value 13,700,000   13,500,000
U.S. Treasury securities and obligations of U.S. government agencies      
Debt Securities, Available-for-sale [Line Items]      
Unrealized losses on mortgage backed securities of government sponsored entities 422,000   522,000
Fair value of securities in unrealized loss position 17,221,000   22,885,000
Allowance for credit losses on AFS debt securities 0    
Mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities      
Debt Securities, Available-for-sale [Line Items]      
Unrealized losses on mortgage backed securities of government sponsored entities 173,900,000    
Fair value of securities in unrealized loss position 1,300,000,000    
Allowance for credit losses on AFS debt securities 0    
Private mortgage-backed securities and collateralized mortgage obligations      
Debt Securities, Available-for-sale [Line Items]      
Unrealized losses on mortgage backed securities of government sponsored entities 7,041,000   8,382,000
Fair value of securities in unrealized loss position 98,290,000   108,420,000
Allowance for credit losses on AFS debt securities $ 0    
Average credit support percentage 22.00%    
Collateralized loan obligations      
Debt Securities, Available-for-sale [Line Items]      
Unrealized losses on mortgage backed securities of government sponsored entities $ 639,000   166,000
Fair value of securities in unrealized loss position 121,907,000   51,006,000
Allowance for credit losses on AFS debt securities $ 0    
Collateralized loan obligations | Standard & Poor's, AAA Rating      
Debt Securities, Available-for-sale [Line Items]      
Number of positions held, percentage of total 36.00%    
Collateralized loan obligations | Standard & Poor's, AA Rating      
Debt Securities, Available-for-sale [Line Items]      
Number of positions held, percentage of total 28.00%    
Obligations of state and political subdivisions      
Debt Securities, Available-for-sale [Line Items]      
Unrealized losses on mortgage backed securities of government sponsored entities $ 1,512,000   1,449,000
Fair value of securities in unrealized loss position 5,628,000   $ 5,690,000
Allowance for credit losses on AFS debt securities $ 0    
v3.25.1
Securities - Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Amortized Cost    
Due in less than one year $ 0  
Due after one year through five years 0  
Due after five years through ten years 0  
Due after ten years 0  
Held to maturity loans with maturity date, amortized cost, total 0  
Held to maturity, amortized cost, total 624,650 $ 635,186
Fair Value    
Due in less than one year 0  
Due after one year through five years 0  
Due after five years through ten years 0  
Due after ten years 0  
Held to maturity loans with maturity date, fair value, total 0  
Held to maturity, fair value, total 509,751 507,594
Amortized Cost    
Due in less than one year 100  
Due after one year through five years 6,586  
Due after five years through ten years 9,697  
Due after ten years 17,388  
Available for sale loans with maturity date, amortized cost, total 33,771  
Available for sale, amortized cost, total 2,799,759 2,434,389
Fair Value    
Due in less than one year 97  
Due after one year through five years 6,595  
Due after five years through ten years 9,796  
Due after ten years 15,563  
Available for sale loans with maturity date, fair value, total 32,051  
Available for sale, fair value, total 2,627,959 2,226,543
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Amortized Cost    
Loans without single maturity date 536,529  
Held to maturity, amortized cost, total 536,529 546,444
Fair Value    
Loans without single maturity date 429,894  
Held to maturity, fair value, total 429,894 428,824
Amortized Cost    
Loans without single maturity date 2,119,865  
Available for sale, amortized cost, total 2,119,865 1,777,274
Fair Value    
Loans without single maturity date 1,962,218  
Available for sale, fair value, total 1,962,218 1,587,975
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Amortized Cost    
Loans without single maturity date 88,121  
Held to maturity, amortized cost, total 88,121 88,742
Fair Value    
Loans without single maturity date 79,857  
Held to maturity, fair value, total 79,857 78,770
Amortized Cost    
Loans without single maturity date 249,246  
Available for sale, amortized cost, total 249,246 206,537
Fair Value    
Loans without single maturity date 243,636  
Available for sale, fair value, total 243,636 197,449
Private mortgage-backed securities and collateralized mortgage obligations    
Amortized Cost    
Loans without single maturity date 0  
Fair Value    
Loans without single maturity date 0  
Amortized Cost    
Loans without single maturity date 124,038  
Available for sale, amortized cost, total 124,038 129,475
Fair Value    
Loans without single maturity date 117,207  
Available for sale, fair value, total 117,207 121,242
Collateralized loan obligations    
Amortized Cost    
Loans without single maturity date 0  
Fair Value    
Loans without single maturity date 0  
Amortized Cost    
Loans without single maturity date 265,450  
Available for sale, amortized cost, total 265,450 278,342
Fair Value    
Loans without single maturity date 265,379  
Available for sale, fair value, total 265,379 278,964
Other debt securities    
Amortized Cost    
Loans without single maturity date 0  
Fair Value    
Loans without single maturity date 0  
Amortized Cost    
Loans without single maturity date 7,389  
Available for sale, amortized cost, total 7,389 7,389
Fair Value    
Loans without single maturity date 7,468  
Available for sale, fair value, total $ 7,468 $ 7,483
v3.25.1
Securities - Schedule of Unrealized Loss and Fair Value on Investments (Details)
$ in Thousands
Mar. 31, 2025
USD ($)
security
Dec. 31, 2024
USD ($)
security
Fair Value    
Less Than 12 Months $ 680,492 $ 717,899
12 Months or Longer 814,611 978,673
Total 1,495,103 1,696,572
Unrealized Losses    
Less Than 12 Months (36,519) (7,996)
12 Months or Longer (147,010) (203,342)
Total $ (183,529) $ (211,338)
Number of individual securities | security 350 377
U.S. Treasury securities and obligations of U.S. government agencies    
Fair Value    
Less Than 12 Months $ 11,817 $ 4,825
12 Months or Longer 5,404 18,060
Total 17,221 22,885
Unrealized Losses    
Less Than 12 Months (97) (13)
12 Months or Longer (325) (509)
Total (422) (522)
Residential mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Fair Value    
Less Than 12 Months 546,593 648,967
12 Months or Longer 607,377 739,363
Total 1,153,970 1,388,330
Unrealized Losses    
Less Than 12 Months (35,096) (7,578)
12 Months or Longer (130,709) (182,958)
Total (165,805) (190,536)
Commercial mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Fair Value    
Less Than 12 Months 29,937 13,200
12 Months or Longer 68,150 107,041
Total 98,087 120,241
Unrealized Losses    
Less Than 12 Months (865) (222)
12 Months or Longer (7,245) (10,061)
Total (8,110) (10,283)
Private mortgage-backed securities and collateralized mortgage obligations    
Fair Value    
Less Than 12 Months 304 7,178
12 Months or Longer 97,986 101,242
Total 98,290 108,420
Unrealized Losses    
Less Than 12 Months (6) (16)
12 Months or Longer (7,035) (8,366)
Total (7,041) (8,382)
Collateralized loan obligations    
Fair Value    
Less Than 12 Months 91,511 43,410
12 Months or Longer 30,396 7,596
Total 121,907 51,006
Unrealized Losses    
Less Than 12 Months (450) (152)
12 Months or Longer (189) (14)
Total (639) (166)
Obligations of state and political subdivisions    
Fair Value    
Less Than 12 Months 330 319
12 Months or Longer 5,298 5,371
Total 5,628 5,690
Unrealized Losses    
Less Than 12 Months (5) (15)
12 Months or Longer (1,507) (1,434)
Total $ (1,512) $ (1,449)
v3.25.1
Loans - Schedule of Portfolio Loans, Purchased Credit Impaired Loans and Purchased Unimpaired Loans (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 10,443,021 $ 10,299,950
Construction and land development    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 618,493 648,053
Commercial real estate - owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,713,579 1,686,629
Commercial real estate - non-owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 3,513,400 3,503,808
Residential real estate    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 2,653,012 2,616,785
Commercial and financial    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,753,090 1,651,354
Consumer    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 191,447 193,321
Acquired Non-PCD Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 2,534,200 2,669,695
Acquired Non-PCD Loans | Construction and land development    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 58,076 79,370
Acquired Non-PCD Loans | Commercial real estate - owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 461,936 477,459
Acquired Non-PCD Loans | Commercial real estate - non-owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,091,992 1,156,849
Acquired Non-PCD Loans | Residential real estate    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 704,205 719,589
Acquired Non-PCD Loans | Commercial and financial    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 181,145 199,146
Acquired Non-PCD Loans | Consumer    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 36,846 37,282
PCD Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 156,289 178,083
PCD Loans | Construction and land development    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 534 535
PCD Loans | Commercial real estate - owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 28,973 31,632
PCD Loans | Commercial real estate - non-owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 91,768 103,903
PCD Loans | Residential real estate    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 14,182 14,241
PCD Loans | Commercial and financial    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 20,633 27,519
PCD Loans | Consumer    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 199 253
Portfolio Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 7,752,532 7,452,172
Portfolio Loans | Construction and land development    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 559,883 568,148
Portfolio Loans | Commercial real estate - owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,222,670 1,177,538
Portfolio Loans | Commercial real estate - non-owner occupied    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 2,329,640 2,243,056
Portfolio Loans | Residential real estate    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,934,625 1,882,955
Portfolio Loans | Commercial and financial    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,551,312 1,424,689
Portfolio Loans | Consumer    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 154,402 $ 155,786
v3.25.1
Loans - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]      
Net deferred costs $ 47.0   $ 43.9
Accrued interest receivable 39.0   38.1
Interest income on nonaccrual loans 0.7 $ 0.2  
Loans      
Financing Receivable, Troubled Debt Restructuring [Line Items]      
Remaining fair value adjustment for loans acquired $ 119.5   $ 128.1
Percentage of fair value adjustment for loans acquired 4.30%   4.30%
v3.25.1
Loans - Past Due Financing Receivables (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financing Receivable, Past Due [Line Items]    
Loans $ 10,443,021 $ 10,299,950
Nonaccrual 71,018 92,446
Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 2,534,200 2,669,695
Nonaccrual 23,774 27,603
PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 156,289 178,083
Nonaccrual 13,369 19,593
Current    
Financing Receivable, Past Due [Line Items]    
Loans 10,354,815 10,191,950
Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 2,508,372 2,638,181
Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 142,228 158,323
Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 15,909 14,560
Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 1,831 3,645
Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 525 0
Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 1,215 792
Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 159 231
Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 167 0
Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 64 202
Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 64 35
Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 167
Construction and land development    
Financing Receivable, Past Due [Line Items]    
Loans 618,493 648,053
Nonaccrual 1,114 1,152
Construction and land development | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 58,076 79,370
Nonaccrual 519 535
Construction and land development | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 534 535
Nonaccrual 492 492
Construction and land development | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 57,295 78,728
Construction and land development | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 42 43
Construction and land development | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 168 8
Construction and land development | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Construction and land development | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 30 99
Construction and land development | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Construction and land development | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 64 0
Construction and land development | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - owner occupied    
Financing Receivable, Past Due [Line Items]    
Loans 1,713,579 1,686,629
Nonaccrual 7,620 8,740
Commercial real estate - owner occupied | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 461,936 477,459
Nonaccrual 3,692 1,927
Commercial real estate - owner occupied | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 28,973 31,632
Nonaccrual 1,785 4,645
Commercial real estate - owner occupied | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 457,542 473,118
Commercial real estate - owner occupied | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 27,188 26,987
Commercial real estate - owner occupied | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 702 2,414
Commercial real estate - owner occupied | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - owner occupied | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - owner occupied | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - owner occupied | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - owner occupied | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - non-owner occupied    
Financing Receivable, Past Due [Line Items]    
Loans 3,513,400 3,503,808
Nonaccrual 22,357 29,882
Commercial real estate - non-owner occupied | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 1,091,992 1,156,849
Nonaccrual 2,765 5,160
Commercial real estate - non-owner occupied | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 91,768 103,903
Nonaccrual 6,664 7,715
Commercial real estate - non-owner occupied | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 1,089,164 1,151,541
Commercial real estate - non-owner occupied | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 84,579 96,188
Commercial real estate - non-owner occupied | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 63 148
Commercial real estate - non-owner occupied | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 525 0
Commercial real estate - non-owner occupied | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - non-owner occupied | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - non-owner occupied | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial real estate - non-owner occupied | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Residential real estate    
Financing Receivable, Past Due [Line Items]    
Loans 2,653,012 2,616,785
Nonaccrual 18,037 23,894
Residential real estate | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 704,205 719,589
Nonaccrual 10,096 11,828
Residential real estate | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 14,182 14,241
Nonaccrual 696 1,322
Residential real estate | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 693,088 706,566
Residential real estate | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 13,319 12,752
Residential real estate | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 892 1,064
Residential real estate | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Residential real estate | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 129 131
Residential real estate | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 167 0
Residential real estate | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Residential real estate | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 167
Commercial and financial    
Financing Receivable, Past Due [Line Items]    
Loans 1,753,090 1,651,354
Nonaccrual 17,818 20,509
Commercial and financial | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 181,145 199,146
Nonaccrual 3,372 3,258
Commercial and financial | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 20,633 27,519
Nonaccrual 3,707 5,366
Commercial and financial | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 177,773 195,853
Commercial and financial | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 16,926 22,153
Commercial and financial | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial and financial | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial and financial | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial and financial | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Commercial and financial | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 35
Commercial and financial | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Consumer    
Financing Receivable, Past Due [Line Items]    
Loans 191,447 193,321
Nonaccrual 4,072 8,269
Consumer | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 36,846 37,282
Nonaccrual 3,330 4,895
Consumer | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 199 253
Nonaccrual 25 53
Consumer | Current | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 33,510 32,375
Consumer | Current | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 174 200
Consumer | Accruing 30-59 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 6 11
Consumer | Accruing 30-59 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Consumer | Accruing 60-89 Days Past Due | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 1
Consumer | Accruing 60-89 Days Past Due | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Consumer | Accruing Greater Than 90 Days | Acquired Non-PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Consumer | Accruing Greater Than 90 Days | PCD Loans    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans    
Financing Receivable, Past Due [Line Items]    
Loans 7,752,532 7,452,172
Nonaccrual 33,875 45,250
Portfolio Loans | Current    
Financing Receivable, Past Due [Line Items]    
Loans 7,704,215 7,395,446
Portfolio Loans | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 13,553 10,915
Portfolio Loans | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 889 561
Portfolio Loans | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Construction and land development    
Financing Receivable, Past Due [Line Items]    
Loans 559,883 568,148
Nonaccrual 103 125
Portfolio Loans | Construction and land development | Current    
Financing Receivable, Past Due [Line Items]    
Loans 557,384 567,896
Portfolio Loans | Construction and land development | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 2,396 127
Portfolio Loans | Construction and land development | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Construction and land development | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Commercial real estate - owner occupied    
Financing Receivable, Past Due [Line Items]    
Loans 1,222,670 1,177,538
Nonaccrual 2,143 2,168
Portfolio Loans | Commercial real estate - owner occupied | Current    
Financing Receivable, Past Due [Line Items]    
Loans 1,214,804 1,172,287
Portfolio Loans | Commercial real estate - owner occupied | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 5,723 3,083
Portfolio Loans | Commercial real estate - owner occupied | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Commercial real estate - owner occupied | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Commercial real estate - non-owner occupied    
Financing Receivable, Past Due [Line Items]    
Loans 2,329,640 2,243,056
Nonaccrual 12,928 17,007
Portfolio Loans | Commercial real estate - non-owner occupied | Current    
Financing Receivable, Past Due [Line Items]    
Loans 2,316,118 2,225,216
Portfolio Loans | Commercial real estate - non-owner occupied | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 594 833
Portfolio Loans | Commercial real estate - non-owner occupied | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Commercial real estate - non-owner occupied | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Residential real estate    
Financing Receivable, Past Due [Line Items]    
Loans 1,934,625 1,882,955
Nonaccrual 7,245 10,744
Portfolio Loans | Residential real estate | Current    
Financing Receivable, Past Due [Line Items]    
Loans 1,923,523 1,866,295
Portfolio Loans | Residential real estate | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 3,135 5,466
Portfolio Loans | Residential real estate | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 722 450
Portfolio Loans | Residential real estate | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Commercial and financial    
Financing Receivable, Past Due [Line Items]    
Loans 1,551,312 1,424,689
Nonaccrual 10,739 11,885
Portfolio Loans | Commercial and financial | Current    
Financing Receivable, Past Due [Line Items]    
Loans 1,539,318 1,411,623
Portfolio Loans | Commercial and financial | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 1,088 1,075
Portfolio Loans | Commercial and financial | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 167 106
Portfolio Loans | Commercial and financial | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans 0 0
Portfolio Loans | Consumer    
Financing Receivable, Past Due [Line Items]    
Loans 154,402 155,786
Nonaccrual 717 3,321
Portfolio Loans | Consumer | Current    
Financing Receivable, Past Due [Line Items]    
Loans 153,068 152,129
Portfolio Loans | Consumer | Accruing 30-59 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 617 331
Portfolio Loans | Consumer | Accruing 60-89 Days Past Due    
Financing Receivable, Past Due [Line Items]    
Loans 0 5
Portfolio Loans | Consumer | Accruing Greater Than 90 Days    
Financing Receivable, Past Due [Line Items]    
Loans $ 0 $ 0
v3.25.1
Loans - Schedule of Nonaccrual Loans by Loan Category (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance $ 30,201 $ 44,144
Nonaccrual Loans With an Allowance 40,817 48,302
Total Nonaccrual Loans 71,018 92,446
Construction and land development    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 492 492
Nonaccrual Loans With an Allowance 622 660
Total Nonaccrual Loans 1,114 1,152
Commercial real estate - owner occupied    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 0 2,622
Nonaccrual Loans With an Allowance 7,620 6,118
Total Nonaccrual Loans 7,620 8,740
Commercial real estate - non-owner occupied    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 21,426 29,449
Nonaccrual Loans With an Allowance 931 433
Total Nonaccrual Loans 22,357 29,882
Residential real estate    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 5,570 6,462
Nonaccrual Loans With an Allowance 12,467 17,432
Total Nonaccrual Loans 18,037 23,894
Commercial and financial    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 2,713 2,703
Nonaccrual Loans With an Allowance 15,105 17,806
Total Nonaccrual Loans 17,818 20,509
Consumer    
Financing Receivable, Nonaccrual [Line Items]    
Nonaccrual Loans With No Related Allowance 0 2,416
Nonaccrual Loans With an Allowance 4,072 5,853
Total Nonaccrual Loans $ 4,072 $ 8,269
v3.25.1
Loans - Risk Categories of Loans by Class of Loans (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year $ 336,443   $ 1,312,924
One year prior to current fiscal year 1,387,355   907,011
Two years prior to current fiscal year 890,157   2,056,529
Three years prior to current fiscal year 2,004,751   1,792,005
Four years prior to current fiscal year 1,751,569   687,367
Prior 2,914,254   2,403,812
Revolving 1,158,492   1,140,302
Total 10,443,021   10,299,950
Current fiscal year, Charge Offs 165   789
One year prior to current fiscal year, Charge Offs 61   457
Two years prior to current fiscal year, Charge Offs 7   8,412
Three years prior to current fiscal year, Charge Offs 1,313   15,497
Four years prior to current fiscal year, Charge Offs 790   384
Prior, Charge Offs 5,536   4,953
Revolving, Charge Offs 405   1,373
Total, Charge Offs 8,277 $ 4,628 31,865
Construction and land development      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 7,367   113,993
One year prior to current fiscal year 143,531   160,801
Two years prior to current fiscal year 171,693   161,305
Three years prior to current fiscal year 96,433   39,366
Four years prior to current fiscal year 39,147   8,547
Prior 47,530   37,382
Revolving 112,792   126,659
Total 618,493   648,053
Current fiscal year, Charge Offs 0   0
One year prior to current fiscal year, Charge Offs 0   0
Two years prior to current fiscal year, Charge Offs 0   0
Three years prior to current fiscal year, Charge Offs 0   0
Four years prior to current fiscal year, Charge Offs 0   0
Prior, Charge Offs 0   1
Revolving, Charge Offs 0   0
Total, Charge Offs 0 0 1
Construction and land development | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 7,367   113,993
One year prior to current fiscal year 143,531   160,801
Two years prior to current fiscal year 165,481   161,122
Three years prior to current fiscal year 96,279   39,276
Four years prior to current fiscal year 39,060   8,547
Prior 45,935   36,342
Revolving 112,792   126,659
Total 610,445   646,740
Construction and land development | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 6,212   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 658   75
Revolving 0   0
Total 6,870   75
Construction and land development | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   183
Three years prior to current fiscal year 154   90
Four years prior to current fiscal year 87   0
Prior 937   965
Revolving 0   0
Total 1,178   1,238
Construction and land development | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 0   0
Total 0   0
Commercial real estate - owner occupied      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 51,751   184,401
One year prior to current fiscal year 182,977   140,258
Two years prior to current fiscal year 156,501   268,062
Three years prior to current fiscal year 261,941   260,432
Four years prior to current fiscal year 252,031   161,990
Prior 790,973   650,462
Revolving 17,405   21,024
Total 1,713,579   1,686,629
Current fiscal year, Charge Offs 0   0
One year prior to current fiscal year, Charge Offs 0   0
Two years prior to current fiscal year, Charge Offs 0   179
Three years prior to current fiscal year, Charge Offs 0   0
Four years prior to current fiscal year, Charge Offs 0   0
Prior, Charge Offs 0   162
Revolving, Charge Offs 0   0
Total, Charge Offs 0 0 341
Commercial real estate - owner occupied | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 51,751   184,312
One year prior to current fiscal year 182,890   139,197
Two years prior to current fiscal year 142,750   260,266
Three years prior to current fiscal year 256,132   257,711
Four years prior to current fiscal year 250,906   153,702
Prior 752,667   628,391
Revolving 17,004   20,674
Total 1,654,100   1,644,253
Commercial real estate - owner occupied | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 12,696   4,975
Three years prior to current fiscal year 82   2,344
Four years prior to current fiscal year 751   2,418
Prior 19,030   7,965
Revolving 0   1
Total 32,559   17,703
Commercial real estate - owner occupied | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   89
One year prior to current fiscal year 87   1,061
Two years prior to current fiscal year 1,055   2,821
Three years prior to current fiscal year 5,727   377
Four years prior to current fiscal year 374   5,870
Prior 19,276   14,106
Revolving 401   349
Total 26,920   24,673
Commercial real estate - owner occupied | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 0   0
Total 0   0
Commercial real estate - non-owner occupied      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 63,479   495,388
One year prior to current fiscal year 493,204   236,306
Two years prior to current fiscal year 215,272   835,974
Three years prior to current fiscal year 875,752   593,845
Four years prior to current fiscal year 588,774   259,479
Prior 1,256,842   1,058,064
Revolving 20,077   24,752
Total 3,513,400   3,503,808
Current fiscal year, Charge Offs 0   0
One year prior to current fiscal year, Charge Offs 0   0
Two years prior to current fiscal year, Charge Offs 0   0
Three years prior to current fiscal year, Charge Offs 0   0
Four years prior to current fiscal year, Charge Offs 0   89
Prior, Charge Offs 320   1,396
Revolving, Charge Offs 0   0
Total, Charge Offs 320 84 1,485
Commercial real estate - non-owner occupied | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 63,479   495,361
One year prior to current fiscal year 493,178   236,306
Two years prior to current fiscal year 212,315   820,739
Three years prior to current fiscal year 845,590   581,892
Four years prior to current fiscal year 563,482   237,777
Prior 1,203,624   1,012,209
Revolving 20,077   24,752
Total 3,401,745   3,409,036
Commercial real estate - non-owner occupied | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   27
One year prior to current fiscal year 26   0
Two years prior to current fiscal year 2,957   4,773
Three years prior to current fiscal year 616   1,269
Four years prior to current fiscal year 7,234   5,265
Prior 18,214   25,245
Revolving 0   0
Total 29,047   36,579
Commercial real estate - non-owner occupied | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   10,462
Three years prior to current fiscal year 29,546   10,684
Four years prior to current fiscal year 17,847   16,437
Prior 35,004   20,610
Revolving 0   0
Total 82,397   58,193
Commercial real estate - non-owner occupied | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 211   0
Prior 0   0
Revolving 0   0
Total 211   0
Residential real estate      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 48,840   130,871
One year prior to current fiscal year 179,161   174,647
Two years prior to current fiscal year 173,161   497,480
Three years prior to current fiscal year 497,407   632,525
Four years prior to current fiscal year 623,882   153,891
Prior 588,733   497,361
Revolving 541,828   530,010
Total 2,653,012   2,616,785
Current fiscal year, Charge Offs 0   0
One year prior to current fiscal year, Charge Offs 0   0
Two years prior to current fiscal year, Charge Offs 0   0
Three years prior to current fiscal year, Charge Offs 0   0
Four years prior to current fiscal year, Charge Offs 0   40
Prior, Charge Offs 1   62
Revolving, Charge Offs 0   32
Total, Charge Offs 1 0 134
Residential real estate | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 48,840   130,178
One year prior to current fiscal year 178,525   173,606
Two years prior to current fiscal year 171,920   492,412
Three years prior to current fiscal year 492,408   631,313
Four years prior to current fiscal year 621,781   153,786
Prior 584,241   490,156
Revolving 533,777   517,136
Total 2,631,492   2,588,587
Residential real estate | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   22
Two years prior to current fiscal year 17   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 704   0
Prior 296   164
Revolving 1,904   3,434
Total 2,921   3,620
Residential real estate | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   693
One year prior to current fiscal year 636   1,019
Two years prior to current fiscal year 1,224   5,068
Three years prior to current fiscal year 4,999   1,212
Four years prior to current fiscal year 1,397   105
Prior 4,196   7,041
Revolving 6,147   9,440
Total 18,599   24,578
Residential real estate | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 0   0
Total 0   0
Commercial and financial      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 161,208   373,569
One year prior to current fiscal year 373,240   180,920
Two years prior to current fiscal year 161,073   262,422
Three years prior to current fiscal year 245,228   245,076
Four years prior to current fiscal year 229,025   89,343
Prior 189,324   129,784
Revolving 393,992   370,240
Total 1,753,090   1,651,354
Current fiscal year, Charge Offs 0   0
One year prior to current fiscal year, Charge Offs 0   0
Two years prior to current fiscal year, Charge Offs 0   2,762
Three years prior to current fiscal year, Charge Offs 153   10,669
Four years prior to current fiscal year, Charge Offs 747   0
Prior, Charge Offs 5,187   3,111
Revolving, Charge Offs 382   1,074
Total, Charge Offs 6,469 2,656 17,616
Commercial and financial | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 161,208   373,569
One year prior to current fiscal year 373,240   180,423
Two years prior to current fiscal year 160,168   253,120
Three years prior to current fiscal year 237,004   232,427
Four years prior to current fiscal year 213,537   82,964
Prior 175,905   117,276
Revolving 385,449   362,701
Total 1,706,511   1,602,480
Commercial and financial | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   382
Two years prior to current fiscal year 797   755
Three years prior to current fiscal year 952   2,839
Four years prior to current fiscal year 7,257   232
Prior 1,867   1,904
Revolving 4,268   2,163
Total 15,141   8,275
Commercial and financial | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   115
Two years prior to current fiscal year 108   8,547
Three years prior to current fiscal year 7,272   9,810
Four years prior to current fiscal year 8,231   6,147
Prior 11,552   10,604
Revolving 3,377   5,376
Total 30,540   40,599
Commercial and financial | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 898   0
Total 898   0
Consumer      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 3,798   14,702
One year prior to current fiscal year 15,242   14,079
Two years prior to current fiscal year 12,457   31,286
Three years prior to current fiscal year 27,990   20,761
Four years prior to current fiscal year 18,710   14,117
Prior 40,852   30,759
Revolving 72,398   67,617
Total 191,447   193,321
Current fiscal year, Charge Offs 165   789
One year prior to current fiscal year, Charge Offs 61   457
Two years prior to current fiscal year, Charge Offs 7   5,471
Three years prior to current fiscal year, Charge Offs 1,160   4,828
Four years prior to current fiscal year, Charge Offs 43   255
Prior, Charge Offs 28   221
Revolving, Charge Offs 23   267
Total, Charge Offs 1,487 $ 1,888 12,288
Consumer | Pass      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 3,798   14,627
One year prior to current fiscal year 15,217   14,049
Two years prior to current fiscal year 12,444   26,332
Three years prior to current fiscal year 24,567   20,721
Four years prior to current fiscal year 18,705   11,682
Prior 40,239   30,022
Revolving 72,330   67,562
Total 187,300   184,995
Consumer | Special Mention      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year   5
Two years prior to current fiscal year 0   1
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 48   54
Total 48   60
Consumer | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   75
One year prior to current fiscal year 25   25
Two years prior to current fiscal year 13   4,953
Three years prior to current fiscal year 3,423   40
Four years prior to current fiscal year 5   2,435
Prior 613   737
Revolving 20   1
Total 4,099   8,266
Consumer | Doubtful      
Financing Receivable, Credit Quality Indicator [Line Items]      
Current fiscal year 0   0
One year prior to current fiscal year 0   0
Two years prior to current fiscal year 0   0
Three years prior to current fiscal year 0   0
Four years prior to current fiscal year 0   0
Prior 0   0
Revolving 0   0
Total $ 0   $ 0
v3.25.1
Loans - Troubled Borrower Modifications (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 1,606 $ 7,376
% of Total Class of Loans 0.02% 0.07%
Nonaccrual loans modified $ 1,207 $ 16,771
Loans modified 2,797 22,477
Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 1,590 5,037
Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 290
Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 148
Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 231
Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 167 6,765
Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 1,439 611
Construction and land development    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 0  
% of Total Class of Loans 0.00%  
Nonaccrual loans modified $ 0  
Loans modified 111  
Construction and land development | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 111  
Construction and land development | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0  
Construction and land development | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0  
Construction and land development | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0  
Construction and land development | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0  
Construction and land development | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0  
Commercial real estate - owner occupied    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 94 $ 3,324
% of Total Class of Loans 0.01% 0.20%
Nonaccrual loans modified $ 0 $ 2,802
Loans modified 94 3,324
Commercial real estate - owner occupied | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 94 522
Commercial real estate - owner occupied | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial real estate - owner occupied | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial real estate - owner occupied | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial real estate - owner occupied | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 94 3,324
Commercial real estate - owner occupied | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0 0
Commercial real estate - non-owner occupied    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 0 $ 810
% of Total Class of Loans 0.00% 0.02%
Nonaccrual loans modified   $ 810
Loans modified   810
Commercial real estate - non-owner occupied | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified   0
Commercial real estate - non-owner occupied | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified   0
Commercial real estate - non-owner occupied | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified   0
Commercial real estate - non-owner occupied | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified   0
Commercial real estate - non-owner occupied | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 0 810
Commercial real estate - non-owner occupied | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0 0
Residential real estate    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 72 $ 31
% of Total Class of Loans 0.00% 0.00%
Nonaccrual loans modified $ 571 $ 0
Loans modified 666 31
Residential real estate | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 95 31
Residential real estate | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Residential real estate | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Residential real estate | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Residential real estate | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0 0
Residential real estate | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 72 31
Commercial and financial    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 1,440 $ 2,688
% of Total Class of Loans 0.08% 0.17%
Nonaccrual loans modified $ 636 $ 13,016
Loans modified 1,898 15,201
Commercial and financial | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 1,262 2,185
Commercial and financial | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial and financial | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial and financial | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 0
Commercial and financial | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 73 2,631
Commercial and financial | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 1,367 57
Consumer    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 0 $ 523
% of Total Class of Loans 0.00% 0.22%
Nonaccrual loans modified $ 0 $ 143
Loans modified 28 3,111
Consumer | Current    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 28 2,299
Consumer | Accruing 30-59 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 290
Consumer | Accruing 60-89 Days Past Due    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 148
Consumer | Accruing Greater Than 90 Days    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Loans modified 0 231
Consumer | Rate Reduction or Rate Reduction with Term Extension    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total 0 0
Consumer | Term Extension and/or Payment Delay    
Financing Receivable, Troubled Debt Restructuring [Line Items]    
Total $ 0 $ 523
v3.25.1
Allowance for Credit Losses - Activity in Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance $ 138,055 $ 148,931 $ 148,931
Provision for Credit Losses 9,250 1,368  
Charge- Offs (8,277) (4,628) (31,865)
Recoveries 1,239 998  
Ending Balance 140,267 146,669 138,055
Construction and land development      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 7,252 8,637 8,637
Provision for Credit Losses (483) (1,640)  
Charge- Offs 0 0 (1)
Recoveries 3 4  
Ending Balance 6,772 7,001 7,252
Commercial real estate - owner occupied      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 11,825 5,529 5,529
Provision for Credit Losses 772 4,484  
Charge- Offs 0 0 (341)
Recoveries 1 4  
Ending Balance 12,598 10,017 11,825
Commercial real estate - non-owner occupied      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 43,866 48,288 48,288
Provision for Credit Losses 878 (1,621)  
Charge- Offs (320) (84) (1,485)
Recoveries 767 18  
Ending Balance 45,191 46,601 43,866
Residential real estate      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 39,168 39,016 39,016
Provision for Credit Losses 1,160 (631)  
Charge- Offs (1) 0 (134)
Recoveries 21 243  
Ending Balance 40,348 38,628 39,168
Commercial and financial      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 27,533 34,343 34,343
Provision for Credit Losses 6,434 (1,501)  
Charge- Offs (6,469) (2,656) (17,616)
Recoveries 113 521  
Ending Balance 27,611 30,707 27,533
Consumer      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 8,411 13,118 13,118
Provision for Credit Losses 489 2,277  
Charge- Offs (1,487) (1,888) (12,288)
Recoveries 334 208  
Ending Balance $ 7,747 $ 13,715 $ 8,411
v3.25.1
Allowance for Credit Losses - Narrative (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2025
USD ($)
Receivables [Abstract]  
Decrease of allowance for credit loss $ 2.2
% of load held for investment 1.60%
Loan held for investment $ 140.3
% of Total Class of Loans 1.34%
v3.25.1
Derivatives - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Securities fair value hedges    
Derivative [Line Items]    
Reclassification of fair value hedge from AOCI into income $ (400) $ 4,000
Fair value hedge gain (loss) reclassified 2 61
Residential mortgage fair value hedges    
Derivative [Line Items]    
Gain (loss) on derivative instruments $ 48 $ 400
v3.25.1
Derivatives - Schedule of Derivative Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Interest rate contract | Other Assets and Other Liabilities    
Derivative Instruments, Gain (Loss) [Line Items]    
Notional amount $ 957,893 $ 910,640
Fair value of derivative assets and liabilities 26,848 28,184
Securities fair value hedges | Other Assets | Fair Value Hedging    
Derivative Instruments, Gain (Loss) [Line Items]    
Notional amount 400,000 400,000
Fair value of derivative assets and liabilities 125 436
Residential mortgage fair value hedges | Other Assets and Other Liabilities | Fair Value Hedging    
Derivative Instruments, Gain (Loss) [Line Items]    
Notional amount 400,000 400,000
Fair value of derivative assets and liabilities 16 121
Interest Rate Contract, Risk Participation Agreements    
Derivative Instruments, Gain (Loss) [Line Items]    
Notional amount $ 28,900 $ 28,900
v3.25.1
Derivatives - Fair Value Hedges (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Derivative [Line Items]    
Portfolio layer method amount designated as hedged $ 400,000 $ 400,000
Securities available-for-sale    
Derivative [Line Items]    
Carrying amount of the hedged items 457,037 460,126
Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items 398 35
Amortized cost basis and unallocated basis adjustments used in hedging relationships 540,400 553,800
Loans, net    
Derivative [Line Items]    
Carrying amount of the hedged items 582,314 596,632
Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items 234 283
Amortized cost basis and unallocated basis adjustments used in hedging relationships $ 400,000 $ 400,000
v3.25.1
Securities Sold Under Agreements to Repurchase - Schedule of Securities Sold Under Agreements to Repurchase and Securities Pledged (Details) - Asset Pledged as Collateral - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Fair value of pledged securities - overnight and continuous:    
Fair value of debt securities pledged as collateral $ 1,400,000  
Fair Value | Repurchase Agreement | Mortgage-backed securities and collateralized mortgage obligations of U.S. government-sponsored entities    
Fair value of pledged securities - overnight and continuous:    
Fair value of debt securities pledged as collateral $ 235,949 $ 237,074
v3.25.1
Regulatory Capital (Details)
Mar. 31, 2025
Banking And Thrift Disclosure [Abstract]  
Regulatory threshold percentage for well-capitalized institutions 0.065
v3.25.1
Fair Value - Fair Value of Assets Measured on Recurring and Nonrecurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financial Assets    
Debt securities available-for-sale $ 2,627,959 $ 2,226,543
OREO 7,176 6,421
Fair Value, Measurements, Recurring    
Financial Assets    
Debt securities available-for-sale 2,627,959 2,226,543
Derivative financial instruments 26,973 28,741
Loans held for sale 16,016 17,277
Equity securities 13,717 13,521
Financial Liabilities    
Derivative financial instruments 26,864 28,305
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial Assets    
Debt securities available-for-sale 197 196
Derivative financial instruments 0 0
Loans held for sale 0 0
Equity securities 13,717 13,521
Financial Liabilities    
Derivative financial instruments 0 0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Financial Assets    
Debt securities available-for-sale 2,627,762 2,226,347
Derivative financial instruments 26,973 28,741
Loans held for sale 16,016 17,277
Equity securities 0 0
Financial Liabilities    
Derivative financial instruments 26,864 28,305
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Financial Assets    
Debt securities available-for-sale 0 0
Derivative financial instruments 0 0
Loans held for sale 0 0
Equity securities 0 0
Financial Liabilities    
Derivative financial instruments 0 0
Fair Value, Measurements, Nonrecurring    
Financial Assets    
Loans 1,950 1,839
OREO 7,176 6,421
Fair Value, Measurements, Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial Assets    
Loans 0 0
OREO 0 0
Fair Value, Measurements, Nonrecurring | Significant Other Observable Inputs (Level 2)    
Financial Assets    
Loans 0 0
OREO 0 0
Fair Value, Measurements, Nonrecurring | Significant Unobservable Inputs (Level 3)    
Financial Assets    
Loans 1,950 1,839
OREO $ 7,176 $ 6,421
v3.25.1
Fair Value - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Allowance for credit losses $ 140,267 $ 138,055 $ 146,669 $ 148,931
Unfunded commitments $ 7,100 7,100    
Minimum        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liquidation investment period 5 years      
Maximum        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Liquidation investment period 10 years      
Fair Value Measured at Net Asset Value Per Share        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Equity investments in SBICs $ 23,200 21,100    
Collateral-Dependent Real Estate        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Fair value of impaired loans 2,100 3,000    
Allowance for credit losses $ 100 $ 1,200    
v3.25.1
Fair Value - Carrying Amount and Fair Value of Other Significant Financial Instruments Not Measured on a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financial Assets    
Held-to-maturity debt securities $ 624,650 $ 635,186
Time deposits with other banks 1,494 3,215
Loans, net 10,302,754 10,161,895
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial Assets    
Time deposits with other banks 0 0
Loans, net 0 0
Financial Liabilities    
Deposits 0 0
FHLB borrowings 0 0
Long-term debt 0 0
Significant Other Observable Inputs (Level 2)    
Financial Assets    
Time deposits with other banks 1,444 3,194
Loans, net 0 0
Financial Liabilities    
Deposits 0 0
FHLB borrowings 463,106 243,795
Long-term debt 96,944 95,563
Significant Unobservable Inputs (Level 3)    
Financial Assets    
Time deposits with other banks 0 0
Loans, net 10,176,542 10,019,964
Financial Liabilities    
Deposits 12,573,285 12,242,205
FHLB borrowings 0 0
Long-term debt 0 0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial Assets    
Held-to-maturity debt securities 0 0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Financial Assets    
Held-to-maturity debt securities 509,751 507,594
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Financial Assets    
Held-to-maturity debt securities 0 0
Carrying Value    
Financial Assets    
Time deposits with other banks 1,494 3,215
Loans, net 10,300,804 10,160,056
Financial Liabilities    
Deposits 12,574,796 12,242,427
FHLB borrowings 465,000 245,000
Long-term debt 107,132 106,966
Carrying Value | Fair Value, Measurements, Recurring    
Financial Assets    
Held-to-maturity debt securities $ 624,650 $ 635,186
v3.25.1
Business Combinations - Narrative (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
USD ($)
branch
Dec. 31, 2024
USD ($)
Business Acquisition [Line Items]    
Assets $ 15,732,485 $ 15,176,308
Deposits $ 12,574,796 $ 12,242,427
Heartland Bancshares, Inc    
Business Acquisition [Line Items]    
Number of branches operated | branch 4  
Assets $ 763,000  
Deposits $ 666,000  
v3.25.1
Business Segments (Details)
 3 Months Ended
Mar. 31, 2025
segment
Segment Reporting [Abstract]  
Number of reportable segments 1