FB Financial (FBK) 10-Q 8 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	Apr. 28, 2023
Cover [Abstract]
Document Type	10-Q
Document Annual Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-37875
Entity Registrant Name	FB FINANCIAL CORPORATION
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-1216058
Entity Address, Address Line One	211 Commerce Street
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Nashville
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37201
City Area Code	615
Local Phone Number	564-1212
Title of 12(b) Security	Common Stock, Par Value $1.00 Per Share
Trading Symbol	FBK
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Reporting Company	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		46,781,020
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001649749
Current Fiscal Year End Date	--12-31

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 133,874	$ 259,872
Federal funds sold and reverse repurchase agreements	63,994	210,536
Interest-bearing deposits in financial institutions	1,122,083	556,644
Cash and cash equivalents	1,319,951	1,027,052
Investments:
Available-for-sale debt securities, at fair value	1,471,005	1,471,186
Equity securities, at fair value	3,059	2,990
Federal Home Loan Bank stock, at cost	43,369	58,641
Loans held for sale (includes $61,987 and $113,240 at fair value, respectively)	82,515	139,451
Loans held for investment	9,365,996	9,298,212
Less: allowance for credit losses	138,809	134,192
Net loans held for investment	9,227,187	9,164,020
Premises and equipment, net	153,397	146,316
Other real estate owned, net	4,085	5,794
Operating lease right-of-use assets	57,054	60,043
Interest receivable	44,737	45,684
Mortgage servicing rights, at fair value	164,879	168,365
Goodwill	242,561	242,561
Core deposit and other intangibles, net	11,378	12,368
Bank-owned life insurance	74,963	75,329
Other assets	201,007	227,956
Total assets	13,101,147	12,847,756
Deposits
Noninterest-bearing	2,489,149	2,676,631
Interest-bearing checking	3,292,883	3,059,984
Money market and savings	3,904,013	3,697,245
Customer time deposits	1,496,024	1,420,131
Brokered and internet time deposits	846	1,843
Total deposits	11,182,915	10,855,834
Borrowings	312,131	415,677
Operating lease liabilities	67,345	69,754
Accrued expenses and other liabilities	168,967	180,973
Total liabilities	11,731,358	11,522,238
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY
Common stock, $1 par value per share; 75,000,000 shares authorized; 46,762,626 and 46,737,912 shares issued and outstanding, respectively	46,763	46,738
Additional paid-in capital	856,628	861,588
Retained earnings	615,871	586,532
Accumulated other comprehensive loss, net	(149,566)	(169,433)
Total FB Financial Corporation common shareholders' equity	1,369,696	1,325,425
Noncontrolling interest	93	93
Total equity	1,369,789	1,325,518
Total liabilities and shareholders' equity	$ 13,101,147	$ 12,847,756

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair value of loan held for sale	$ 82,515	$ 139,451
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	46,762,626	46,737,912
Common stock, shares outstanding (in shares)	46,762,626	46,737,912
Fair Value
Fair value of loan held for sale	$ 61,987	$ 113,240

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest income:
Interest and fees on loans	$ 140,356	$ 86,864
Interest on securities
Taxable	6,570	5,420
Tax-exempt	1,804	1,866
Other	10,750	977
Total interest income	159,480	95,127
Interest expense:
Interest (expense) income on deposits	52,863	5,462
Interest (expense) income on borrowings	2,957	1,483
Total interest expense	55,820	6,945
Net interest income	103,660	88,182
Provision for credit losses	4,997	(6,129)
Provision for credit losses on unfunded commitments	(4,506)	1,882
Net interest income after provisions for credit losses	103,169	92,429
Noninterest income:
Gain (loss) from securities, net	69	(152)
Loss on sales or write-downs of other real estate owned and other assets	(183)	(434)
Other income	3,550	2,314
Total noninterest income	23,349	41,392
Noninterest expenses:
Salaries, commissions and employee benefits	48,788	59,443
Occupancy and equipment expense	5,909	5,403
Legal and professional fees	3,108	2,607
Data processing	2,113	2,481
Amortization of core deposit and other intangibles	990	1,244
Advertising	2,133	4,033
Other expense	17,399	14,061
Total noninterest expense	80,440	89,272
Income before income taxes	46,078	44,549
Income tax expense	9,697	9,313
Net income applicable to FB Financial Corporation and noncontrolling interest	36,381	35,236
Net income applicable to noncontrolling interest	0	0
Net income applicable to FB Financial Corporation	$ 36,381	$ 35,236
Earnings per common share
Basic (in dollars per share)	$ 0.78	$ 0.74
Diluted (in dollars per share)	$ 0.78	$ 0.74
Mortgage banking income
Noninterest income:
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income	$ 12,086	$ 29,531
Service charges on deposit accounts
Noninterest income:
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income	3,053	2,914
ATM and interchange fees
Noninterest income:
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income	2,396	5,087
Investment services and trust income
Noninterest income:
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income	$ 2,378	$ 2,132

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 36,381	$ 35,236
Other comprehensive income (loss), net of tax:
Net unrealized gain (loss) in available-for-sale securities, net of tax expenses (benefits) of $7,059 and $(27,483)	20,064	(78,175)
Reclassification adjustment for gain on sale of securities included in net income, net of tax expenses of $— and $1	0	(1)
Net unrealized (loss) gain in hedging activities, net of tax (benefits) expenses of $(70) and $273	(197)	774
Total other comprehensive income (loss), net of tax	19,867	(77,402)
Comprehensive income (loss) applicable to FB Financial Corporation and noncontrolling interest	56,248	(42,166)
Comprehensive income applicable to noncontrolling interest	0	0
Comprehensive income (loss) applicable to FB Financial Corporation	$ 56,248	$ (42,166)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net tax (benefits) expenses on net change in unrealized gain (loss) on available-for-sale securities	$ 7,059	$ (27,483)
Net tax expense (benefit) on reclassification adjustment for gain on sale of securities included in net income	0	(1)
Net tax expenses (benefits) recognized on net change in unrealized gain (loss) on hedging activities	$ (70)	$ 273

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	RSUs	PSUs	Total common shareholders' equity	Total common shareholders' equity RSUs	Total common shareholders' equity PSUs	Common stock	Common stock RSUs	Common stock PSUs	Additional paid-in capital	Additional paid-in capital RSUs	Additional paid-in capital PSUs	Retained earnings	Accumulated other comprehensive income (loss), net	Noncontrolling interest
Beginning balance at Dec. 31, 2021	$ 1,432,695			$ 1,432,602			$ 47,549			$ 892,529			$ 486,666	$ 5,858	$ 93
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to FB Financial Corporation and noncontrolling interest	35,236			35,236									35,236		0
Other comprehensive income (loss), net of taxes	(77,402)			(77,402)										(77,402)
Repurchase of common stock	(6,203)			(6,203)			(145)			(6,058)
Stock based compensation expense	2,582			2,582			1			2,581
Restricted stock units vested and distributed, net of shares withheld		$ (1,488)			$ (1,488)			$ 68			$ (1,556)
Shares issued under employee stock purchase program	687			687			15			672
Dividends declared	(6,238)			(6,238)									(6,238)
Ending balance at Mar. 31, 2022	1,379,869			1,379,776			47,488			888,168			515,664	(71,544)	93
Beginning balance at Dec. 31, 2022	1,325,518			1,325,425			46,738			861,588			586,532	(169,433)	93
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to FB Financial Corporation and noncontrolling interest	36,381			36,381									36,381		0
Other comprehensive income (loss), net of taxes	19,867			19,867										19,867
Repurchase of common stock	(4,944)			(4,944)			(136)			(4,808)
Stock based compensation expense	2,285			2,285			1			2,284
Restricted stock units vested and distributed, net of shares withheld	(1,452)	$ (1,145)		(1,452)	$ (1,145)		92	$ 60		(1,544)	$ (1,205)
Shares issued under employee stock purchase program			$ 321			$ 321			$ 8			$ 313
Dividends declared	(7,042)			(7,042)									(7,042)
Ending balance at Mar. 31, 2023	$ 1,369,789			$ 1,369,696			$ 46,763			$ 856,628			$ 615,871	$ (149,566)	$ 93

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 0.15	$ 0.13

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income attributable to FB Financial Corporation and noncontrolling interest	$ 36,381,000	$ 35,236,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization of fixed assets and software	2,228,000	2,036,000
Amortization of core deposit and other intangibles	990,000	1,244,000
Amortization of issuance costs on subordinated debt	97,000	97,000
Capitalization of mortgage servicing rights	(1,788,000)	(9,812,000)
Net change in fair value of mortgage servicing rights	5,274,000	(19,351,000)
Stock-based compensation expense	2,285,000	2,582,000
Provision for credit losses	4,997,000	(6,129,000)
Provision for credit losses on unfunded commitments	(4,506,000)	1,882,000
Provision for mortgage loan repurchases	(250,000)	(389,000)
(Accretion) amortization of discounts and premiums on acquired loans, net	(319,000)	2,352,000
Amortization of premiums and accretion of discounts on securities, net	1,382,000	1,992,000
(Gain) loss from securities, net	(69,000)	152,000
Originations of loans held for sale	(295,760,000)	(993,733,000)
Proceeds from sale of loans held for sale	340,108,000	1,330,701,000
Gain on sale and change in fair value of loans held for sale	(8,635,000)	(21,675,000)
Net loss on write-downs of other real estate owned and other assets	183,000	434,000
Provision for deferred income taxes	1,396,000	9,313,000
Earnings on bank-owned life insurance	(605,000)	(354,000)
Changes in:
Operating lease assets and liabilities, net	580,000	(190,000)
Other assets and interest receivable	62,512,000	(62,043,000)
Accrued expenses and other liabilities	(48,099,000)	13,900,000
Net cash provided by operating activities	98,382,000	288,245,000
Activity in available-for-sale securities:
Maturities, prepayments and calls	26,827,000	57,443,000
Purchases	(660,000)	(170,093,000)
Net change in loans	(52,540,000)	(362,408,000)
Sales of FHLB stock	21,637,000	0
Purchases of FHLB stock	(6,365,000)	(2,216,000)
Purchases of premises and equipment	(9,450,000)	(601,000)
Proceeds from the sale of other real estate owned and other assets	2,031,000	121,000
Proceeds from bank-owned life insurance	236,000	0
Net cash used in investing activities	(18,284,000)	(477,754,000)
Cash flows from financing activities:
Net increase in demand deposits	251,069,000	238,893,000
Net increase (decrease) in time deposits	74,896,000	(75,765,000)
Net decrease in securities sold under agreements to repurchase and federal funds purchased	(48,815,000)	(14,779,000)
Net decrease in short-term FHLB advances	(50,000,000)	0
Share based compensation withholding payments	(2,597,000)	(1,488,000)
Net proceeds from sale of common stock under employee stock purchase program	321,000	687,000
Repurchase of common stock	(4,944,000)	(6,203,000)
Dividends paid on common stock	(6,994,000)	(6,194,000)
Dividend equivalent payments made upon vesting of equity compensation	(135,000)	(71,000)
Net cash provided by financing activities	212,801,000	135,080,000
Net change in cash and cash equivalents	292,899,000	(54,429,000)
Cash and cash equivalents at beginning of the period	1,027,052,000	1,797,740,000
Cash and cash equivalents at end of the period	1,319,951,000	1,743,311,000
Supplemental cash flow information:
Interest paid	52,634,000	8,631,000
Taxes (refunded) paid, net	(904,000)	72,000
Supplemental noncash disclosures:
Transfers from loans to other real estate owned	235,000	563,000
Transfers from loans to loans held for sale	7,126,000	8,700,000
Transfers from loans held for sale to loans	776,000	47,956,000
Decrease in rebooked GNMA loans under optional repurchase program	(5,683,000)	0
Trade date payable - securities	245,000	0
Dividends declared not paid on restricted stock units	48,000	60,000
Right-of-use assets obtained in exchange for operating lease liabilities	$ 3,375,000	$ 283,000

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation: Overview and presentation FB Financial Corporation (the “Company”) is a financial holding company headquartered in Nashville, Tennessee. The Company operates primarily through its wholly-owned subsidiary, FirstBank (the "Bank"). As of March 31, 2023, the Bank had 82 full-service branches throughout Tennessee, Alabama, southern Kentucky and north Georgia, and a mortgage business with office locations across the Southeast, which primarily originates loans to be sold in the secondary market. The unaudited consolidated financial statements, including the notes thereto, have been prepared in accordance with U.S. GAAP interim reporting requirements and general banking industry guidelines, and therefore, do not include all information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K. The unaudited consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods. The results for interim periods are not necessarily indicative of results for a full year. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported results of operations for the reporting periods and the related disclosures. Although management's estimates contemplate current conditions and how they are expected to change in the future, it is reasonably possible that actual conditions could vary from those anticipated, which could affect the Company's financial condition and results of operations. Actual results could differ significantly from those estimates. Certain prior period amounts have been reclassified to conform to the current period presentation without any impact on the reported amounts of net income or shareholders’ equity. Earnings per share Basic EPS excludes dilution and is computed by dividing earnings available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS includes the dilutive effect of additional potential common shares issuable under the restricted stock units granted but not yet vested and distributable. Diluted EPS is computed by dividing earnings available to common shareholders by the weighted average number of common shares outstanding for the period, plus an incremental number of common-equivalent shares computed using the treasury stock method. Unvested share-based payment awards, which include the right to receive non-forfeitable dividends or dividend equivalents, are considered to participate with common shareholders in undistributed earnings for purposes of computing EPS. Companies that have such participating securities are required to calculate basic and diluted EPS using the two-class method. Certain restricted stock awards granted by the Company include non-forfeitable dividend equivalents and are considered participating securities. Calculations of EPS under the two-class method (i) exclude from the numerator any dividends paid or owed on participating securities and any undistributed earnings considered to be attributable to participating securities and (ii) exclude from the denominator the dilutive impact of the participating securities. The following is a summary of the basic and diluted earnings per common share calculations for each of the periods presented: Three Months Ended March 31, 2023 2022 Basic earnings per common share: Net income applicable to FB Financial Corporation $ 36,381 $ 35,236 Dividends paid on and undistributed earnings allocated to participating securities — — Earnings available to common shareholders $ 36,381 $ 35,236 Weighted average basic shares outstanding 46,679,618 47,530,520 Basic earnings per common share $ 0.78 $ 0.74 Diluted earnings per common share: Earnings available to common shareholders $ 36,381 $ 35,236 Weighted average basic shares outstanding 46,679,618 47,530,520 Weighted average diluted shares contingently issuable (1) 85,536 193,382 Weighted average diluted shares outstanding 46,765,154 47,723,902 Diluted earnings per common share $ 0.78 $ 0.74 (1) Excludes 159,946 and 123,709 restricted stock units outstanding considered to be antidilutive for the three months ended March 31, 2023 and 2022, respectively. Recently adopted accounting standards: In March 2022, the FASB issued ASU 2022-01, "Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method", to expand the current single-layer method of electing hedge accounting to allow multiple hedged layers of a single closed portfolio under the method. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method. The amendments in this update are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted on any date on or after the issuance of ASU No. 2022-01 for any entity that has adopted the amendments in ASU No.2017-12 for the corresponding period. The Company adopted the update effective January 1, 2023. The adoption of this standard did not have an impact on the consolidated financial statements or disclosures. Additionally, in March 2022, the FASB issued ASU 2022-02, "Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" related to troubled debt restructurings and vintage disclosures for financing receivables. The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted the CECL model and enhance the disclosure requirements for loan modifications and restructurings made with borrowers experiencing financial difficulty. In addition, the amendments require disclosure of current-period gross write-offs for financing receivables by year of origination in the vintage disclosures. The amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company prospectively adopted the amendment effective January 1, 2023 and updated its disclosures for the first quarter of 2023. Refer to Note 3 for further information. The adoption of this standard did not have a material impact on the Company's consolidated financial statements. Newly issued not yet effective accounting standards: In March 2023, the FASB issued ASU 2023-01, “Leases (Topic 842): Common Control Arrangements” as part of the Post-Implementation Review process of Topic 842 around related party arrangements between entities under common control. Under previous guidance, a lessee is generally required to amortize leasehold improvements that it owns over the shorter of the useful life of those improvements or the lease term. However, due to the nature of leasehold improvements made under leases between entities under common control, ASU 2023-01 requires a lessee in a common-control arrangement to amortize such leasehold improvements that it owns over the improvements' useful life to the common control group, regardless of the lease term. The ASU becomes effective January 1, 2024 and is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Additionally, in March 2023, the FASB issued ASU 2023-02, "Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method". The amendments in this update permit reporting entities to elect to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The ASU becomes effective January 1, 2024 and the Company is evaluating the potential impact of this standard on its consolidated financial statements and related disclosures. In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. The FASB issued this update to clarify the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security, to amend a related illustrative example, and to introduce new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The ASU becomes effective January 1, 2024 and the Company is evaluating the potential impact of this standard on its consolidated financial statements and related disclosures. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” ASU 2020-04 is intended to provide relief for companies preparing for discontinuation of interest rates based on LIBOR. The ASU provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or other reference rates expected to be discontinued. ASU 2020-04 also provides for a one-time sale and/or transfer to AFS or trading to be made for HTM debt securities that both reference an eligible reference rate and were classified as HTM before January 1, 2020. ASU 2020-04 was effective for all entities as of March 12, 2020 and through December 31, 2022. Companies can apply the ASU as of the beginning of the interim period that includes March 12, 2020 or any date thereafter. The guidance requires companies to apply the guidance prospectively to contract modifications and hedging relationships while the one-time election to sell and/or transfer debt securities classified as HTM may be made any time after March 12, 2020. In December 2022, the FASB issued ASU 2022-06, "Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848" to extend the date to December 31, 2024 for companies to apply the relief in Topic 848. The Company's LIBOR Transition Committee was established to transition from LIBOR to alternative rates and has continued its efforts consistent with industry timelines. As part of these efforts, during the fourth quarter of 2021, the Company ceased utilization of LIBOR as an index in newly originated loans or loans that are refinanced. Additionally, the Company identified existing products that utilize LIBOR and are implementing contract modifications to facilitate the transition to alternative reference rates. ASU 2020-04 and ASU 2021-01 are not expected to have a material impact on the Company's consolidated financial statements. Subsequent events The Company has evaluated, for consideration of recognition or disclosure, subsequent events that occurred through the date of issuance of these financial statements. The Company has determined that there were no subsequent events that occurred after March 31, 2023, but prior to the issuance of these financial statements that would have a material impact on the Company’s consolidated financial statements.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment securities: The following tables summarize the amortized cost, allowance for credit losses and fair value of the available-for-sale debt securities and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive loss at March 31, 2023 and December 31, 2022: March 31, 2023 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses for investments Fair Value Investment Securities Available-for-sale debt securities U.S. government agency securities $ 45,176 $ — $ (4,248) $ — $ 40,928 Mortgage-backed securities - residential 1,197,702 — (172,314) — 1,025,388 Mortgage-backed securities - commercial 18,979 — (1,256) — 17,723 Municipal securities 295,010 967 (24,983) — 270,994 U.S. Treasury securities 113,403 — (4,580) — 108,823 Corporate securities 8,000 — (851) — 7,149 Total $ 1,678,270 $ 967 $ (208,232) $ — $ 1,471,005 December 31, 2022 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses for investments Fair Value Investment Securities Available-for-sale debt securities U.S. government agency securities $ 45,167 $ — $ (5,105) $ — $ 40,062 Mortgage-backed securities - residential 1,224,522 — (190,329) — 1,034,193 Mortgage-backed securities - commercial 19,209 — (1,565) — 17,644 Municipal securities 295,375 458 (31,413) — 264,420 U.S. Treasury securities 113,301 — (5,621) — 107,680 Corporate securities 8,000 — (813) — 7,187 Total $ 1,705,574 $ 458 $ (234,846) $ — $ 1,471,186 The components of amortized cost for debt securities on the consolidated balance sheets excludes accrued interest receivable since the Company elected to present accrued interest receivable separately on the consolidated balance sheets. As of March 31, 2023 and December 31, 2022, total accrued interest receivable on debt securities was $5,399 and $5,470, respectively. Securities pledged at March 31, 2023 and December 31, 2022 had carrying amounts of $1,184,836 and $1,191,021, respectively, and were pledged to secure a Federal Reserve Bank line of credit, public deposits and repurchase agreements. There were no holdings of debt securities of any one issuer, other than U.S. Government sponsored enterprises, in an amount greater than 10% of shareholders' equity during any period presented. Investment securities transactions are recorded as of the trade date. As of March 31, 2023, there were $245 in trade date payables that related to purchases settled after period end. There were no such trade date payables as of December 31, 2022. The amortized cost and fair value of debt securities by contractual maturity as of March 31, 2023 and December 31, 2022 are shown below. Maturities may differ from contractual maturities in mortgage-backed securities because the mortgage underlying the security may be called or repaid without any penalties. Therefore, mortgage-backed securities are not included in the maturity categories in the following summary. March 31, December 31, 2023 2022 Available-for-sale Available-for-sale Amortized cost Fair value Amortized cost Fair value Due in one year or less $ 34,965 $ 34,270 $ 4,277 $ 4,225 Due in one to five years 138,189 130,585 161,556 152,181 Due in five to ten years 58,876 56,982 61,290 57,859 Due in over ten years 229,559 206,057 234,720 205,084 461,589 427,894 461,843 419,349 Mortgage-backed securities - residential 1,197,702 1,025,388 1,224,522 1,034,193 Mortgage-backed securities - commercial 18,979 17,723 19,209 17,644 Total debt securities $ 1,678,270 $ 1,471,005 $ 1,705,574 $ 1,471,186 Sales and other dispositions of available-for-sale securities were as follows: Three Months Ended March 31, 2023 2022 Proceeds from sales $ — $ — Proceeds from maturities, prepayments and calls 26,827 57,443 Gross realized gains — 2 Gross realized losses — — The following tables show gross unrealized losses for which an allowance for credit losses has not been recorded at March 31, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: March 31, 2023 Less than 12 months 12 months or more Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. government agency securities $ 4,014 $ (94) $ 36,913 $ (4,154) $ 40,927 $ (4,248) Mortgage-backed securities - residential 101,194 (4,425) 924,189 (167,889) 1,025,383 (172,314) Mortgage-backed securities - commercial 11,311 (740) 6,415 (516) 17,726 (1,256) Municipal securities 43,100 (1,872) 161,743 (23,111) 204,843 (24,983) U.S. Treasury securities 60,669 (1,276) 48,154 (3,304) 108,823 (4,580) Corporate securities 946 (55) 6,281 (796) 7,227 (851) Total $ 221,234 $ (8,462) $ 1,183,695 $ (199,770) $ 1,404,929 $ (208,232) December 31, 2022 Less than 12 months 12 months or more Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized loss U.S. government agency securities $ 23,791 $ (2,802) $ 16,271 $ (2,303) $ 40,062 $ (5,105) Mortgage-backed securities - residential 316,656 (32,470) 717,533 (157,859) 1,034,189 (190,329) Mortgage-backed securities - commercial 11,104 (968) 6,541 (597) 17,645 (1,565) Municipal securities 196,419 (26,811) 36,726 (4,602) 233,145 (31,413) U.S. Treasury securities 94,248 (4,122) 13,434 (1,499) 107,682 (5,621) Corporate securities 4,008 (492) 3,270 (321) 7,278 (813) Total $ 646,226 $ (67,665) $ 793,775 $ (167,181) $ 1,440,001 $ (234,846) As of March 31, 2023 and December 31, 2022, the Company’s debt securities portfolio consisted of 506 and 503 securities, 409 and 454 of which were in an unrealized loss position, respectively. During the three months ended March 31, 2023, the Company's available-for-sale debt securities portfolio unrealized value increased $27,123 to an unrealized loss position of $207,265 from an unrealized loss position of $234,388 as of December 31, 2022. During the three months ended March 31, 2022, the Company's available-for-sale debt securities portfolio unrealized value declined $105,660 to an unrealized loss position of $100,933 from an unrealized gain position of $4,727 as of December 31, 2021. The majority of the investment portfolio was either government guaranteed, an issuance of a government sponsored entity or highly rated by major credit rating agencies and the Company has historically not recorded any losses associated with these investments. Municipal securities with market values below amortized cost at March 31, 2023 were reviewed for material credit events and/or rating downgrades with individual credit reviews performed. The issuers of these debt securities continue to make timely principal and interest payments under the contractual terms of the securities and the issuers will continue to be observed as a part of the Company’s ongoing credit monitoring. As such, as of March 31, 2023 and December 31, 2022, it was determined that all available-for-sale debt securities that experienced a decline in fair value below amortized cost basis were due to noncredit-related factors. Further, the Company does not intend to sell those available-for-sale securities that have an unrealized loss as of March 31, 2023, and it is not likely that the Company will be required to sell the securities before recovery of their amortized cost basis. Therefore, there was no provision for credit losses recognized on available-for-sale debt securities during the three months ended March 31, 2023 or 2022. Equity Securities As of March 31, 2023 and December 31, 2022, the Company had $3,059 and $2,990, in marketable equity securities recorded at fair value, respectively. The Company had equity securities without readily determinable market value included in other assets on the consolidated balance sheets with carrying amounts of $22,483 and $22,496 at March 31, 2023 and December 31, 2022, respectively. Additionally, the Company had $43,369 and $58,641 of Federal Home Loan Bank stock carried at cost at March 31, 2023 and December 31, 2022, respectively, included separately from the other equity securities discussed above. The change in the fair value of equity securities and sale of equity securities with readily determinable fair values resulted in a net gain of $69 and a net loss of $154 for the three months ended March 31, 2023 and 2022, respectively.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Loans and Allowance for Credit Losses	Loans and allowance for credit losses: Loans outstanding as of March 31, 2023 and December 31, 2022, by class of financing receivable are as follows: March 31, December 31, 2023 2022 Commercial and industrial $ 1,671,398 $ 1,645,783 Construction 1,697,513 1,657,488 Residential real estate: 1-to-4 family mortgage 1,562,503 1,573,121 Residential line of credit 497,391 496,660 Multi-family mortgage 489,379 479,572 Commercial real estate: Owner-occupied 1,136,978 1,114,580 Non-owner occupied 1,939,517 1,964,010 Consumer and other 371,317 366,998 Gross loans 9,365,996 9,298,212 Less: Allowance for credit losses (138,809) (134,192) Net loans $ 9,227,187 $ 9,164,020 As of March 31, 2023 and December 31, 2022, $849,349 and $909,734, respectively, of qualifying residential mortgage loans (including loans held for sale) and $1,709,763 and $1,763,730, respectively, of qualifying commercial mortgage loans were pledged to the Federal Home Loan Bank of Cincinnati securing advances against the Bank’s line of credit. Additionally, as of March 31, 2023 and December 31, 2022, qualifying loans of $3,164,317 and $3,118,172, respectively, were pledged to the Federal Reserve Bank under the Borrower-in-Custody program. The components of amortized cost for loans on the consolidated balance sheets exclude accrued interest receivable as the Company presents accrued interest receivable separately on the balance sheet. As of March 31, 2023 and December 31, 2022, accrued interest receivable on loans held for investment amounted to $37,005 and $38,507, respectively. Allowance for Credit Losses The Company calculates its expected credit loss using a lifetime loss rate methodology. The Company utilizes probability-weighted forecasts, which consider multiple macroeconomic variables from a third-party vendor that are applicable to the type of loan. Each of the Company's loss rate models incorporate forward-looking macroeconomic projections throughout the reasonable and supportable forecast period and the subsequent historical reversion at the macroeconomic variable input level. In order to estimate the life of a loan, the contractual term of the loan is adjusted for estimated prepayments based on market information and the Company’s prepayment history. The Company's loss rate models estimate the lifetime loss rate for pools of loans by combining the calculated loss rate based on each variable within the model (including the macroeconomic variables). The lifetime loss rate for the pool is then multiplied by the loan balances to determine the expected credit losses on the pool. The quantitative models require loan data and macroeconomic variables based on the inherent credit risks in each portfolio to more accurately measure the credit risks associated with each. Each of the quantitative models pools loans with similar risk characteristics and collectively assesses the lifetime loss rate for each pool to estimate its expected credit loss. The Company considers the need to qualitatively adjust its modeled quantitative expected credit loss estimate for information not already captured in the model loss estimation process. These qualitative factor adjustments may increase or decrease the Company’s estimate of expected credit losses. The Company reviews the qualitative adjustments so as to validate that information that has already been considered and included in the modeled quantitative loss estimation process is not also included in the qualitative adjustment. The Company considers the qualitative factors that are relevant to the institution as of the reporting date, which may include, but are not limited to: levels of and trends in delinquencies and performance of loans; levels of and trends in write-offs and recoveries collected; trends in volume and terms of loans; effects of any changes in reasonable and supportable economic forecasts; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and expertise; available relevant information sources that contradict the Company’s own forecast; effects of changes in prepayment expectations or other factors affecting assessments of loan contractual terms; industry conditions; and effects of changes in credit concentrations. The Company performed qualitative evaluations within the Company's established qualitative framework, assessing the impact of the current economic outlook (including uncertainty due to inflation, recent bank failures, negative economic forecasts, predicted Federal Reserve rate increases, status of federal government stimulus programs, and other considerations). The increase in estimated required reserve during the three months ended March 31, 2023 was a result of increased loan growth and a tightening monetary policy environment both of which were incorporated into the Company's reasonable and supportable forecasts. These forecasts included weighted projections that the economy may be nearing a recession, reflected through deterioration in asset quality projected over life of the loan portfolio. Loss rates on residential loans and HELOC were qualitatively adjusted downwards, addressing the relative strength of asset values in the Company's predominant markets. The Company calculates its allowance for credit losses using a lifetime loss rate methodology and disaggregates the loan portfolio into three pools. The following presents a summary of quantitative and qualitative factors considered as of March 31, 2023, which resulted in changes in the allowance for credit losses compared to December 31, 2022 as described below. Pool Source of repayment Quantitative and Qualitative factors considered Commercial and Industrial Repayment is largely dependent Quantitative: Prepayment speeds are modeled in the form of a prepayment benchmarking that directly impacts the ACL output for all C&I loans and lines of credit. Loss rates incorporate a peer scaling factor. Qualitative: An uncertain economic outlook including the effects of inflation and the interest rate environment are driving a qualitative increase in the ACL. Retail Repayment is primarily dependent on the personal cash flow of the borrower. Quantitative: Average FICO scores, remaining life of the portfolio, delinquency composition, prepayment speeds leveraging Equifax and Moody's data Qualitative: High modeled loss rates and the relatively strong housing market within the bank’s footprint are driving a qualitative decrease in the ACL. Commercial Real Estate Repayment is primarily dependent on lease income generated from the underlying collateral. Quantitative: Prepayment speeds leverage a reverse-compounding formula. Loss rates incorporate a peer scaling factor. Qualitative: Changes in asset quality are driving a minor qualitative increase in the ACL. When a loan no longer shares similar risk characteristics with other loans in any given pool, the loan is individually assessed. The Company has determined the following circumstances in which a loan may require an individual evaluation: collateral dependent loans; loans for which foreclosure is probable; and loans with other unique risk characteristics. A loan is deemed collateral dependent when 1) the borrower is experiencing financial difficulty and 2) the repayment is expected to be primarily through sale or operation of the collateral. The allowance for credit losses for collateral dependent loans as well as loans where foreclosure is probable is calculated as the amount for which the loan’s amortized cost basis exceeds fair value. Fair value is determined based on appraisals performed by qualified appraisers and reviewed by qualified personnel. In cases where repayment is to be provided substantially through the sale of collateral, the Company reduces the fair value by the estimated costs to sell. Effective January 1, 2023, the Company prospectively adopted the accounting guidance in ASU 2022-02, "Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures", which eliminates the recognition and measurement of TDRs. Upon adoption of this guidance, the Company no longer measures an allowance for credit losses for TDRs it reasonably expects will occur, and it evaluates all loan modifications according to the accounting guidance for loan refinancing and modifications to determine whether the modification should be accounted for as a new loan or a continuation of the existing loan. After adoption, the Company now derecognizes the existing loan and accounts for the modified loan as a new loan if the effective yield on the modified loan is at least equal to the effective yield for comparable loans with similar collection risks and the modifications to the original loan are more than minor. If a loan modification does not meet these conditions, it extends the existing loan’s amortized cost basis and accounts for the modified loan as a continuation of the existing loan. Prior to January 1, 2023, loans experiencing financial difficulty for which a concession has not yet been provided may be identified as reasonably expected TDRs. Reasonably expected TDRs and TDRs used the same methodology. In cases where the expected credit loss can only be captured through a discounted cash flow analysis (such as an interest rate modification for a TDR loan), the allowance was measured by the amount which the loan’s amortized cost exceeds the discounted cash flow analysis. As a result of the difference in methodology between periods, disclosures related to loan modifications made to borrowers experiencing financial difficulty and TDRs may not be comparative in nature. The following tables provide the changes in the allowance for credit losses by class of financing receivable for the three months ended March 31, 2023 and 2022: Commercial Construction 1-to-4 Residential Multi-family Commercial Commercial Consumer Total Three Months Ended March 31, 2023 Beginning balance - December 31, 2022 $ 11,106 $ 39,808 $ 26,141 $ 7,494 $ 6,490 $ 7,783 $ 21,916 $ 13,454 $ 134,192 Provision for credit losses (10) 1,217 1,073 1,540 129 103 (48) 993 4,997 Recoveries of loans previously charged-off 67 — 15 — — 66 — 239 387 Loans charged off (46) — (16) — — — — (705) (767) Ending balance - March 31, 2023 $ 11,117 $ 41,025 $ 27,213 $ 9,034 $ 6,619 $ 7,952 $ 21,868 $ 13,981 $ 138,809 Commercial Construction 1-to-4 Residential Multi-family Commercial Commercial Consumer Total Three Months Ended March 31, 2022 Beginning balance - December 31, 2021 $ 15,751 $ 28,576 $ 19,104 $ 5,903 $ 6,976 $ 12,593 $ 25,768 $ 10,888 $ 125,559 Provision for credit losses (4,006) 3,206 1,908 641 (578) (4,187) (4,478) 1,365 (6,129) Recoveries of loans previously charged-off 958 — 12 1 — 10 — 217 1,198 Loans charged off (4) — — — — — — (575) (579) Ending balance - $ 12,699 $ 31,782 $ 21,024 $ 6,545 $ 6,398 $ 8,416 $ 21,290 $ 11,895 $ 120,049 Credit Quality - Commercial Type Loans The Company categorizes commercial loan types into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans that share similar risk characteristics collectively. Loans that do not share similar risk characteristics are evaluated individually. The Company uses the following definitions for risk ratings: Pass. Loans rated Pass include those that are adequately collateralized performing loans which management believes do not have conditions that have occurred or may occur that would result in the loan being downgraded into an inferior category. The Pass category also includes commercial loans rated as Watch, which include those that management believes have conditions that have occurred, or may occur, which could result in the loan being downgraded to an inferior category. Special Mention. Loans rated Special Mention are those that have potential weakness that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s credit position at some future date. Management does not believe there will be a loss of principal or interest. These loans require intensive servicing and may possess more than normal credit risk. Classified. Loans included in the Classified category include loans rated as Substandard and Doubtful. Loans rated as Substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Also included in this category are loans classified as Doubtful, which have all the weaknesses inherent in those classified as Substandard, with the added characteristic that the weakness or weaknesses make collection or liquidation in full, based on currently existing facts, conditions, and values, highly questionable and improbable. Risk ratings are updated on an ongoing basis and are subject to change by continuous loan monitoring processes. The following tables present the credit quality of the Company's commercial type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below. Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period activity of gross charge-offs by year of origination are not included in the below tables. As of and for the three months ended March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Commercial and industrial Pass $ 40,396 $ 383,606 $ 193,605 $ 53,715 $ 83,158 $ 92,586 $ 785,130 $ 1,632,196 Special Mention — 2,625 4 — 159 891 7,040 10,719 Classified 457 2,692 647 1,939 1,476 6,818 14,454 28,483 Total 40,853 388,923 194,256 55,654 84,793 100,295 806,624 1,671,398 Current-period gross — 46 — — — — — 46 Construction Pass 41,824 769,011 430,782 110,280 77,147 56,628 207,940 1,693,612 Special Mention — 2,797 — 6 — 698 — 3,501 Classified — 78 322 — — — — 400 Total 41,824 771,886 431,104 110,286 77,147 57,326 207,940 1,697,513 Current-period gross — — — — — — — — Residential real estate: Multi-family mortgage Pass 10,827 144,897 147,358 95,536 33,362 42,701 13,557 488,238 Special Mention — — — — — — — — Classified — — — — — 1,141 — 1,141 Total 10,827 144,897 147,358 95,536 33,362 43,842 13,557 489,379 Current-period gross — — — — — — — — Commercial real estate: Owner occupied Pass 24,353 227,787 229,910 114,965 158,969 310,138 43,682 1,109,804 Special Mention — 6,295 677 — 165 3,397 5,100 15,634 Classified — — 1,293 — 3,501 6,646 100 11,540 Total 24,353 234,082 231,880 114,965 162,635 320,181 48,882 1,136,978 Current-period gross — — — — — — — — Non-owner occupied Pass 7,627 464,026 460,997 125,499 161,560 652,952 44,748 1,917,409 Special Mention — — 1,032 — — 2,507 — 3,539 Classified — — 1,960 — 143 16,466 — 18,569 Total 7,627 464,026 463,989 125,499 161,703 671,925 44,748 1,939,517 Current-period gross — — — — — — — — Total commercial loan types Pass 125,027 1,989,327 1,462,652 499,995 514,196 1,155,005 1,095,057 6,841,259 Special Mention — 11,717 1,713 6 324 7,493 12,140 33,393 Classified 457 2,770 4,222 1,939 5,120 31,071 14,554 60,133 Total $ 125,484 $ 2,003,814 $ 1,468,587 $ 501,940 $ 519,640 $ 1,193,569 $ 1,121,751 $ 6,934,785 Current-period gross $ — $ 46 $ — $ — $ — $ — $ — $ 46 As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Commercial and industrial Pass $ 396,643 $ 204,000 $ 67,231 $ 90,894 $ 39,780 $ 62,816 $ 762,717 $ 1,624,081 Special Mention 125 7 — 160 143 771 2,520 3,726 Classified 65 823 1,916 1,651 273 6,913 6,335 17,976 Total 396,833 204,830 69,147 92,705 40,196 70,500 771,572 1,645,783 Construction Pass 682,885 495,723 142,233 84,599 17,360 44,326 188,906 1,656,032 Special Mention — — 15 — — 707 — 722 Classified 80 309 — — — 345 — 734 Total 682,965 496,032 142,248 84,599 17,360 45,378 188,906 1,657,488 Residential real estate: Multi-family mortgage Pass 142,912 147,168 96,819 33,547 6,971 37,385 13,604 478,406 Special Mention — — — — — — — — Classified — — — — — 1,166 — 1,166 Total 142,912 147,168 96,819 33,547 6,971 38,551 13,604 479,572 Commercial real estate: Owner occupied Pass 237,862 223,883 110,748 148,405 66,101 246,414 57,220 1,090,633 Special Mention 101 683 — 168 2,225 1,258 5,000 9,435 Classified — 1,293 224 4,589 1,276 7,018 112 14,512 Total 237,963 225,859 110,972 153,162 69,602 254,690 62,332 1,114,580 Non-owner occupied Pass 467,360 440,319 131,497 159,205 210,752 473,607 60,908 1,943,648 Special Mention — — — — 82 2,459 — 2,541 Classified — 2,258 — 146 3,270 12,147 — 17,821 Total 467,360 442,577 131,497 159,351 214,104 488,213 60,908 1,964,010 Total commercial loan types Pass 1,927,662 1,511,093 548,528 516,650 340,964 864,548 1,083,355 6,792,800 Special Mention 226 690 15 328 2,450 5,195 7,520 16,424 Classified 145 4,683 2,140 6,386 4,819 27,589 6,447 52,209 Total $ 1,928,033 $ 1,516,466 $ 550,683 $ 523,364 $ 348,233 $ 897,332 $ 1,097,322 $ 6,861,433 Credit Quality - Consumer Type Loans For consumer and residential loan classes, the company primarily evaluates credit quality based on delinquency and accrual status of the loan, credit documentation and by payment activity. The performing or nonperforming status is updated on an on-going basis dependent upon improvement and deterioration in credit quality. The following tables present the credit quality by classification (performing or nonperforming) of the Company's consumer type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below. Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period balances for gross charge-offs by year of origination are not included below. As of and for the three months ended March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Residential real estate: 1-to-4 family mortgage Performing $ 36,402 $ 550,052 $ 439,949 $ 157,470 $ 88,489 $ 269,548 $ — $ 1,541,910 Nonperforming — 1,945 4,671 4,834 1,115 8,028 — 20,593 Total 36,402 551,997 444,620 162,304 89,604 277,576 — 1,562,503 Current-period gross — — — — — 16 — 16 Residential line of credit Performing — — — — — — 496,309 496,309 Nonperforming — — — — — — 1,082 1,082 Total — — — — — — 497,391 497,391 Current-period gross — — — — — — — — Consumer and other Performing 24,159 108,985 53,452 39,098 27,758 105,751 4,198 363,401 Nonperforming — 233 1,536 1,481 966 3,700 — 7,916 Total 24,159 109,218 54,988 40,579 28,724 109,451 4,198 371,317 Current-period gross 171 339 38 81 9 65 2 705 Total consumer type loans Performing 60,561 659,037 493,401 196,568 116,247 375,299 500,507 2,401,620 Nonperforming — 2,178 6,207 6,315 2,081 11,728 1,082 29,591 Total $ 60,561 $ 661,215 $ 499,608 $ 202,883 $ 118,328 $ 387,027 $ 501,589 $ 2,431,211 Current-period gross $ 171 $ 339 $ 38 $ 81 $ 9 $ 81 $ 2 $ 721 As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Residential real estate: 1-to-4 family mortgage Performing $ 568,210 $ 448,401 $ 160,715 $ 93,548 $ 68,113 $ 211,019 $ — $ 1,550,006 Nonperforming 1,227 5,163 5,472 1,778 2,044 7,431 — 23,115 Total 569,437 453,564 166,187 95,326 70,157 218,450 — 1,573,121 Residential line of credit Performing — — — — — — 495,129 495,129 Nonperforming — — — — — — 1,531 1,531 Total — — — — — — 496,660 496,660 Consumer and other Performing 118,637 56,779 41,008 29,139 26,982 82,318 4,175 359,038 Nonperforming 166 1,396 1,460 906 1,507 2,525 — 7,960 Total 118,803 58,175 42,468 30,045 28,489 84,843 4,175 366,998 Total consumer type loans Performing 686,847 505,180 201,723 122,687 95,095 293,337 499,304 2,404,173 Nonperforming 1,393 6,559 6,932 2,684 3,551 9,956 1,531 32,606 Total $ 688,240 $ 511,739 $ 208,655 $ 125,371 $ 98,646 $ 303,293 $ 500,835 $ 2,436,779 Nonaccrual and Past Due Loans Nonperforming loans include loans that are no longer accruing interest (non-accrual loans) and loans past due ninety or more days and still accruing interest. The following tables represent an analysis of the aging by class of financing receivable as of March 31, 2023 and December 31, 2022: March 31, 2023 30-89 days 90 days or Nonaccrual Loans current Total Commercial and industrial $ 574 $ 42 $ 2,413 $ 1,668,369 $ 1,671,398 Construction 2,708 — 382 1,694,423 1,697,513 Residential real estate: 1-to-4 family mortgage 13,348 11,505 9,088 1,528,562 1,562,503 Residential line of credit 678 158 924 495,631 497,391 Multi-family mortgage — — 39 489,340 489,379 Commercial real estate: Owner occupied 851 — 7,211 1,128,916 1,136,978 Non-owner occupied — — 5,802 1,933,715 1,939,517 Consumer and other 6,918 875 7,041 356,483 371,317 Total $ 25,077 $ 12,580 $ 32,900 $ 9,295,439 $ 9,365,996 December 31, 2022 30-89 days 90 days or Nonaccrual Loans current on payments and accruing interest Total Commercial and industrial $ 1,650 $ 136 $ 1,307 $ 1,642,690 $ 1,645,783 Construction 1,246 — 389 1,655,853 1,657,488 Residential real estate: 1-to-4 family mortgage 15,470 16,639 6,476 1,534,536 1,573,121 Residential line of credit 772 131 1,400 494,357 496,660 Multi-family mortgage — — 42 479,530 479,572 Commercial real estate: Owner occupied 1,948 — 5,410 1,107,222 1,114,580 Non-owner occupied 102 — 5,956 1,957,952 1,964,010 Consumer and other 10,108 1,509 6,451 348,930 366,998 Total $ 31,296 $ 18,415 $ 27,431 $ 9,221,070 $ 9,298,212 The following tables provide the amortized cost basis of loans on non-accrual status, as well as any related allowance as of March 31, 2023 and December 31, 2022 by class of financing receivable. March 31, 2023 Nonaccrual Nonaccrual Related Commercial and industrial $ 1,804 $ 609 $ 11 Construction — 382 7 Residential real estate: 1-to-4 family mortgage 1,955 7,133 143 Residential line of credit 842 82 1 Multi-family mortgage — 39 1 Commercial real estate: Owner occupied 7,008 203 12 Non-owner occupied 5,610 192 4 Consumer and other 110 6,931 354 Total $ 17,329 $ 15,571 $ 533 December 31, 2022 Nonaccrual Nonaccrual Related Commercial and industrial $ 790 $ 517 $ 10 Construction — 389 7 Residential real estate: 1-to-4 family mortgage 2,834 3,642 78 Residential line of credit 1,134 266 4 Multi-family mortgage 1 41 1 Commercial real estate: Owner occupied 5,200 210 1 Non-owner occupied 5,755 201 5 Consumer and other — 6,451 327 Total $ 15,714 $ 11,717 $ 433 The following presents interest income recognized on nonaccrual loans for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Commercial and industrial $ 20 $ 54 Construction 6 19 Residential real estate: 1-to-4 family mortgage 79 52 Residential line of credit 24 40 Multi-family mortgage 1 — Commercial real estate: Owner occupied 58 25 Non-owner occupied 82 70 Consumer and other 173 15 Total $ 443 $ 275 Accrued interest receivable written off as an adjustment to interest income amounted to $181 and $184 for the three months ended March 31, 2023 and 2022, respectively. Loan Modifications to Borrowers Experiencing Financial Difficulty Occasionally, the Company may make certain modifications of loans to borrowers experiencing financial difficulty. These modifications typically include an interest rate reduction, a term extension or a combination thereof. Upon the Company's determination that a modified loan has subsequently been deemed uncollectible, the portion of the loan deemed uncollectible is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. The Company closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. There were no modifications of loans to borrowers experiencing financial difficulty during the three months ended March 31, 2023. Troubled debt restructurings The following disclosure is presented in accordance with GAAP in effect prior to the adoption of ASU 2022-02 . The Company has included this disclosure as of December 31, 2022 or for the three months ended March 31, 2022. Prior to the Company's adoption of ASU 2022-02, the Company accounted for a modification to the contractual terms of a loan that resulted in granting a concession to a borrower experiencing financial difficulties as a TDR. ASU 2022-02 eliminated TDR accounting prospectively for all restructurings occurring on or after January 1, 2023. Loans that were restructured in a TDR prior to the adoption of ASU 2022-02 will continue to be accounted for under the historical TDR accounting until the loan is paid off, liquidated or subsequently modified. See Note 1, "Basis of presentation" for more information on the Company's adoption of ASU 2022-02. As of December 31, 2022, the Company had a recorded investment in TDRs of $13,854. The modifications included extensions of the maturity date and/or a stated rate of interest to one lower than the current market rate to borrowers experiencing financial difficulty. Of these loans, $7,321 were classified as nonaccrual loans as of December 31, 2022. The Company has calculated $253 in allowances for credit losses on TDRs as of December 31, 2022. As of December 31, 2022, unfunded loan commitments to extend additional funds on troubled debt restructurings were not meaningful. The following table presents the financial effect of TDRs recorded during the three months ended March 31, 2022: Number of loans Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Charge offs and specific reserves Residential real estate: 1-to-4 family mortgage 1 80 80 — Consumer and other 1 22 22 — Total 2 $ 102 $ 102 $ — Troubled debt restructurings for which there was a payment default within twelve months following the modification totaled $304 during the three months ended March 31, 2022. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. The terms of certain other loans were modified during the three months ended March 31, 2022 that did not meet the definition of a TDR. The modification of these loans usually involves either a modification of the terms of a loan to borrowers who are not experiencing financial difficulties or an insignificant delay in payments. Collateral-Dependent Loans For loans for which the repayment (based on the Company's assessment) is expected to be provided substantially through the operation or sale of collateral and the borrower is experiencing financial difficulty, the following tables present the loans and the corresponding individually assessed allowance for credit losses by class of financing receivable. Significant changes in individually assessed reserves are due to changes in the valuation of the underlying collateral in addition to changes in accrual and past due status. March 31, 2023 Type of Collateral Real Estate Financial Assets and Equipment Total Individually assessed allowance for credit loss Commercial and industrial $ 2,597 $ 800 $ 3,397 $ — Residential real estate: 1-to-4 family mortgage 5,332 — 5,332 169 Residential line of credit 1,109 — 1,109 5 Commercial real estate: Owner occupied 7,651 — 7,651 4 Non-owner occupied 5,610 — 5,610 — Consumer and other 132 — 132 — Total $ 22,431 $ 800 $ 23,231 $ 178 December 31, 2022 Type of Collateral Real Estate Financial Assets and Equipment Total Individually assessed allowance for credit loss Commercial and industrial $ 2,596 $ — $ 2,596 $ — Residential real estate: 1-to-4 family mortgage 4,467 — 4,467 194 Residential line of credit 1,135 — 1,135 — Commercial real estate: Owner occupied 5,424 — 5,424 — Non-owner occupied 5,755 — 5,755 — Consumer and other 134 — 134 — Total $ 19,511 $ — $ 19,511 $ 194

Other Real Estate Owned

Other Real Estate Owned	3 Months Ended
	Mar. 31, 2023
Real Estate [Abstract]
Other Real Estate Owned	Other real estate owned The amount reported as other real estate owned includes property acquired through foreclosure in addition to excess facilities held for sale and is carried at the lower of the carrying amount of the underlying loan or the fair value of the real estate less costs to sell. The following table summarizes the other real estate owned for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 5,794 $ 9,777 Transfers from loans 235 563 Proceeds from sale of other real estate owned (2,031) (121) Gain (loss) on sale of other real estate owned 87 (104) Write-downs and partial liquidations — (394) Balance at end of period $ 4,085 $ 9,721

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Leases: As of March 31, 2023, the Company was the lessee in 60 operating leases and 1 finance lease of certain branch, mortgage and operations locations with original terms greater than one year. Leases with initial terms of less than one year and equipment leases are not included on the consolidated balance sheets in accordance with U.S. GAAP. Many leases include one or more options to renew, with renewal terms that can extend the lease up to an additional 20 years or more. Certain lease agreements contain provisions to periodically adjust rental payments for inflation. Renewal options that management is reasonably certain to renew and fixed rent escalations are included in the right-of-use asset and lease liability. Information related to the Company's leases is presented below as of March 31, 2023 and December 31, 2022: March 31, December 31, Classification 2023 2022 Right-of-use assets: Operating leases Operating lease right-of-use assets $ 57,054 $ 60,043 Finance leases Premises and equipment, net 1,339 1,367 Total right-of-use assets $ 58,393 $ 61,410 Lease liabilities: Operating leases Operating lease liabilities $ 67,345 $ 69,754 Finance leases Borrowings 1,397 1,420 Total lease liabilities $ 68,742 $ 71,174 Weighted average remaining lease term (in years) - 11.9 12.1 Weighted average remaining lease term (in years) - 12.1 12.4 Weighted average discount rate - operating 3.21 % 3.08 % Weighted average discount rate - finance 1.76 % 1.76 % The components of total lease expense included in the consolidated statements of income were as follows: Three Months Ended March 31, Classification 2023 2022 Operating lease costs: Amortization of right-of-use asset Occupancy and equipment $ 1,815 $ 1,710 Short-term lease cost Occupancy and equipment 121 111 Variable lease cost Occupancy and equipment 298 256 Gain on lease modifications and terminations Occupancy and equipment (72) (18) Finance lease costs: Interest on lease liabilities Interest expense on borrowings 6 9 Amortization of right-of-use asset Occupancy and equipment 28 37 Sublease income Occupancy and equipment (281) (195) Total lease cost $ 1,915 $ 1,910 During the three months ended March 31, 2023 and 2022, the Company recorded $72 and $18 in gains on lease modifications and terminations on certain vacated locations that were consolidated as a result of previous business combinations, respectively. The Company does not separate lease and non-lease components and instead elects to account for them as a single lease component. Variable lease cost primarily represents variable payments such as common area maintenance, utilities, and property taxes. A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of March 31, 2023 is as follows: Operating Finance Leases Lease Lease payments due: March 31, 2024 $ 6,596 $ 89 March 31, 2025 7,956 120 March 31, 2026 7,885 121 March 31, 2027 7,715 123 March 31, 2028 7,326 125 Thereafter 45,839 977 Total undiscounted future minimum lease payments 83,317 1,555 Less: imputed interest (15,972) (158) Lease liability $ 67,345 $ 1,397
Leases	Leases: As of March 31, 2023, the Company was the lessee in 60 operating leases and 1 finance lease of certain branch, mortgage and operations locations with original terms greater than one year. Leases with initial terms of less than one year and equipment leases are not included on the consolidated balance sheets in accordance with U.S. GAAP. Many leases include one or more options to renew, with renewal terms that can extend the lease up to an additional 20 years or more. Certain lease agreements contain provisions to periodically adjust rental payments for inflation. Renewal options that management is reasonably certain to renew and fixed rent escalations are included in the right-of-use asset and lease liability. Information related to the Company's leases is presented below as of March 31, 2023 and December 31, 2022: March 31, December 31, Classification 2023 2022 Right-of-use assets: Operating leases Operating lease right-of-use assets $ 57,054 $ 60,043 Finance leases Premises and equipment, net 1,339 1,367 Total right-of-use assets $ 58,393 $ 61,410 Lease liabilities: Operating leases Operating lease liabilities $ 67,345 $ 69,754 Finance leases Borrowings 1,397 1,420 Total lease liabilities $ 68,742 $ 71,174 Weighted average remaining lease term (in years) - 11.9 12.1 Weighted average remaining lease term (in years) - 12.1 12.4 Weighted average discount rate - operating 3.21 % 3.08 % Weighted average discount rate - finance 1.76 % 1.76 % The components of total lease expense included in the consolidated statements of income were as follows: Three Months Ended March 31, Classification 2023 2022 Operating lease costs: Amortization of right-of-use asset Occupancy and equipment $ 1,815 $ 1,710 Short-term lease cost Occupancy and equipment 121 111 Variable lease cost Occupancy and equipment 298 256 Gain on lease modifications and terminations Occupancy and equipment (72) (18) Finance lease costs: Interest on lease liabilities Interest expense on borrowings 6 9 Amortization of right-of-use asset Occupancy and equipment 28 37 Sublease income Occupancy and equipment (281) (195) Total lease cost $ 1,915 $ 1,910 During the three months ended March 31, 2023 and 2022, the Company recorded $72 and $18 in gains on lease modifications and terminations on certain vacated locations that were consolidated as a result of previous business combinations, respectively. The Company does not separate lease and non-lease components and instead elects to account for them as a single lease component. Variable lease cost primarily represents variable payments such as common area maintenance, utilities, and property taxes. A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of March 31, 2023 is as follows: Operating Finance Leases Lease Lease payments due: March 31, 2024 $ 6,596 $ 89 March 31, 2025 7,956 120 March 31, 2026 7,885 121 March 31, 2027 7,715 123 March 31, 2028 7,326 125 Thereafter 45,839 977 Total undiscounted future minimum lease payments 83,317 1,555 Less: imputed interest (15,972) (158) Lease liability $ 67,345 $ 1,397

Mortgage Servicing Rights

Mortgage Servicing Rights	3 Months Ended
	Mar. 31, 2023
Transfers and Servicing of Financial Assets [Abstract]
Mortgage Servicing Rights	Mortgage servicing rights: Changes in the Company’s mortgage servicing rights were as follows for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Carrying value at beginning of period $ 168,365 $ 115,512 Capitalization 1,788 9,812 Change in fair value: Due to pay-offs/pay-downs (2,520) (4,471) Due to change in valuation inputs or assumptions (2,754) 23,822 Carrying value at end of period $ 164,879 $ 144,675 The following table summarizes servicing income and expense, which are included in 'Mortgage banking income' and 'Other noninterest expense', respectively, within the Mortgage segment operating results for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Servicing income: Servicing income $ 7,768 $ 7,429 Change in fair value of mortgage servicing rights (5,274) 19,351 Change in fair value of derivative hedging instruments 1,867 (19,098) Servicing income 4,361 7,682 Servicing expenses 1,883 2,548 Net servicing income $ 2,478 $ 5,134 Data and key economic assumptions related to the Company’s mortgage servicing rights as of March 31, 2023 and December 31, 2022 are as follows: March 31, December 31, 2023 2022 Unpaid principal balance $ 11,028,420 $ 11,086,582 Weighted-average prepayment speed (CPR) 5.96 % 5.55 % Estimated impact on fair value of a 10% increase $ (5,017) $ (4,886) Estimated impact on fair value of a 20% increase $ (9,695) $ (9,447) Discount rate 8.97 % 9.10 % Estimated impact on fair value of a 100 bp increase $ (7,924) $ (8,087) Estimated impact on fair value of a 200 bp increase $ (15,163) $ (15,475) Weighted-average coupon interest rate 3.35 % 3.31 % Weighted-average servicing fee (basis points) 27 27 Weighted-average remaining maturity (in months) 333 332 The Company economically hedges the mortgage servicing rights portfolio with various derivative instruments to offset changes in the fair value of the related mortgage servicing rights. See Note 9, "Derivatives" for additional information on these hedging instruments. As of March 31, 2023 and December 31, 2022, mortgage escrow deposits totaled to $92,947 and $75,612, respectively.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes: The following table presents a reconciliation of income taxes for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Federal taxes calculated at statutory rate $ 9,676 21.0 % $ 9,355 21.0 % Increase (decrease) resulting from: State taxes, net of federal benefit 251 0.6 % 951 2.1 % Expense (benefit) from equity based compensation 115 0.3 % (291) (0.7) % Municipal interest income, net of interest disallowance (456) (1.0) % (444) (1.0) % Bank-owned life insurance (127) (0.3) % (74) (0.2) % Section 162(m) limitation 127 0.2 % 122 0.3 % Other 111 0.2 % (306) (0.6) % Income tax expense, as reported $ 9,697 21.0 % $ 9,313 20.9 %

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and contingencies: Commitments to extend credit & letters of credit Some financial instruments, such as loan commitments, credit lines and letters of credit, are issued to meet customer financing needs. These are agreements to provide credit or to support the credit of others, as long as conditions established in the contract are met, and usually have expiration dates. The same credit and underwriting policies are used to make such commitments as are used for loans, including obtaining collateral at exercise of the commitment. Many commitments expire without being used and are only recorded in the consolidated financial statements when drawn upon. The Company's maximum off-balance sheet exposure to credit loss is represented by the contractual amount of these instruments. March 31, December 31, 2023 2022 Commitments to extend credit, excluding interest rate lock commitments $ 3,341,445 $ 3,563,982 Letters of credit 68,422 71,250 Balance at end of period $ 3,409,867 $ 3,635,232 As of March 31, 2023 and December 31, 2022, loan commitments included above with floating interest rates totaled $2.87 billion and $2.96 billion, respectively. The Company estimates expected credit losses on off-balance sheet loan commitments under the CECL methodology. When applying this methodology, the Company considers the likelihood that funding will occur, the contractual period of exposure to credit loss, the risk of loss, historical loss experience, and current conditions along with expectations of future economic conditions. The table below presents activity within the allowance for credit losses on unfunded commitments included in accrued expenses and other liabilities on the Company's consolidated balance sheets for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 22,969 $ 14,380 Provision for credit losses on unfunded commitments (4,506) 1,882 Balance at end of period $ 18,463 $ 16,262 Loan repurchases or indemnifications In connection with the sale of mortgage loans to third party investors, the Company makes usual and customary representations and warranties as to the propriety of its origination activities. Occasionally, the investors require the Company to repurchase loans sold to them under the terms of the warranties. When this happens, the loans are recorded at fair value with a corresponding charge to a recorded valuation reserve. The total principal amount of loans repurchased (or indemnified for) was $3,326 and $1,348 for the three months ended March 31, 2023 and 2022, respectively. The Company has established a reserve associated with loan repurchases. The following table summarizes the activity in the repurchase reserve included in accrued expenses and other liabilities on the Company's consolidated balance sheets: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 1,621 $ 4,802 Provision for loan repurchases or indemnifications (250) (389) Losses on loans repurchased or indemnified (13) (96) Balance at end of period $ 1,358 $ 4,317 Legal Proceedings Various legal claims arise from time to time in the normal course of business, which, in the opinion of management, will not have a material effect on the Company’s consolidated financial statements.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives: The Company utilizes derivative financial instruments as part of its ongoing efforts to manage its interest rate risk exposure as well as the exposure for its customers. Derivative financial instruments are included in the consolidated balance sheets line items “Other assets” or “Other liabilities” at fair value in accordance with ASC 815, “Derivatives and Hedging.” Derivatives not designated as hedging instruments The Company enters into interest rate-lock commitments to originate loans whereby the interest rate on the loan is determined prior to funding. Under such commitments, interest rates for mortgage loans are typically locked in for between 45 to 90 days with the customer. These interest rate lock commitments are recorded at fair value in the Company’s consolidated balance sheets. The Company also enters into best effort or mandatory delivery forward commitments to sell residential mortgage loans to secondary market investors. Gains and losses arising from changes in the valuation of the interest rate-lock commitments and forward commitments are recognized currently in earnings and are reflected under the line item “Mortgage banking income” on the consolidated statements of income. The Company also enters into forward commitments, futures and options contracts as economic hedges to offset the changes in fair value of mortgage servicing rights. Gains and losses associated with these instruments are included in earnings and are reflected under the line item “Mortgage banking income” on the consolidated statements of income. Additionally, the Company enters into derivative instruments to help its commercial customers manage their exposure to interest rate fluctuations. To mitigate the interest rate risk associated with customer contracts, the Company enters into an offsetting derivative contract. The Company manages its credit risk, or potential risk of default by its commercial customers through credit limit approval and monitoring procedures. The following tables provide details on the Company’s non-designated derivative financial instruments as of the dates presented: March 31, 2023 Notional Amount Asset Liability Interest rate contracts $ 567,594 $ 36,068 $ 36,087 Forward commitments 268,000 — 691 Interest rate-lock commitments 157,213 2,640 — Futures contracts 495,500 103 — Total $ 1,488,307 $ 38,811 $ 36,778 December 31, 2022 Notional Amount Asset Liability Interest rate contracts $ 560,310 $ 45,775 $ 45,762 Forward commitments 207,000 306 — Interest rate-lock commitments 118,313 1,433 — Futures contracts 494,300 — 3,790 Total $ 1,379,923 $ 47,514 $ 49,552 Gains (losses) included in the consolidated statements of income related to the Company’s non-designated derivative financial instruments were as follows: Three Months Ended March 31, 2023 2022 Included in mortgage banking income: Interest rate lock commitments $ 1,207 $ (5,446) Forward commitments (295) 37,903 Futures contracts 1,937 (16,535) Option contracts (664) 36 Total $ 2,185 $ 15,958 Derivatives designated as cash flow hedges The Company also maintains two interest rate swap agreements with notional amounts totaling $30,000 used to hedge interest rate exposure on outstanding subordinated debentures included in long-term debt totaling $30,930. Under these agreements, the Company receives a variable rate of interest equal to 3-month LIBOR and pays a weighted average fixed rate of interest of 2.08%. Upon the cessation of LIBOR in June 2023, the rate will convert to SOFR plus an adjustment in accordance with market standards. The interest rate swap contracts, which mature in June of 2024, are designated as cash flow hedges with the objective of reducing the variability in cash flows resulting from changes in interest rates. The following presents a summary of the Company's designated cash flow hedges as of the dates presented: March 31, 2023 December 31, 2022 Notional Amount Estimated fair value Balance sheet location Estimated fair value Balance sheet location Interest rate swap agreements- $ 30,000 $ 988 Other assets $ 1,255 Other Assets The Company's consolidated statements of income included a gain of $197 and a loss of $139 for the three months ended March 31, 2023 and 2022, respectively, in interest expense on borrowings related to these cash flow hedges. The cash flow hedges were effective during the periods presented and as a result qualified for hedge accounting treatment. As such, no amounts were reclassified from accumulated other comprehensive loss into earnings during either period presented. The following discloses the amount included in other comprehensive income (loss), net of tax, for derivative instruments designated as cash flow hedges for the periods presented: Three Months Ended March 31, 2023 2022 Amount of (loss) gain recognized in other comprehensive income (loss), net of tax (benefit) expense of $(70) and $273 $ (197) $ 774 Derivatives designated as fair value hedges The Company utilizes designated fair value hedges to mitigate the effect of changing rates on the fair value of various fixed rate liabilities, including certain money market deposits and subordinated debt. The hedging strategy converts the fixed interest rates of the hedged items to the daily compounded SOFR in arrears paid monthly. For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative instrument as well as the offsetting loss or gain on the hedged asset or liability attributable to the hedged risk are recognized in current earnings. The gain or loss on the derivative instrument is presented on the same income statement line item as the earnings effect of the hedged item. As of March 31, 2023 and December 31, 2022, the fair value hedges were deemed effective. March 31, 2023 December 31, 2022 Remaining Maturity (In Years) Receive Fixed Rate Pay Floating Rate Notional Amount Estimated fair value Notional Amount Estimated fair value Derivatives included in other liabilities: Interest rate swap 0.92 1.46% SOFR $ 100,000 $ (2,952) $ 100,000 $ (3,830) Interest rate swap 1.39 1.50% SOFR 75,000 (3,274) 75,000 (3,693) Interest rate swap 1.39 1.50% SOFR 125,000 (5,457) 125,000 (6,154) Total 1.23 1.48% $ 300,000 $ (11,683) $ 300,000 $ (13,677) The following discloses the amount of (expense) income included in interest expense on borrowings and deposits, related to these fair value hedging instruments: Three Months Ended March 31, 2023 2022 Designated fair value hedge: Interest (expense) income on deposits $ (1,508) $ 313 Interest (expense) income on borrowings (760) 162 Total $ (2,268) $ 475 The following amounts were recorded on the balance sheet related to cumulative adjustments of fair value hedges as of the dates presented: Carrying Amount of the Hedged Item Cumulative Decrease in Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item Line item on the balance sheet March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 Borrowings $ 96,146 $ 95,171 (1) $ (2,952) $ (3,830) Money market and savings deposits 196,704 196,520 (2) (8,731) (9,847) (1) The carrying value also includes unamortized subordinated debt issuance costs of $902 and $999 as of March 31, 2023 and December 31, 2022, respectively. (2) The carrying value also includes an unaccreted purchase accounting fair value premium of $5,435 and $6,367 as of March 31, 2023 and December 31, 2022, respectively. Certain financial instruments, including derivatives, may be eligible for offset in the consolidated balance sheets when the “right of offset” exists or when the instruments are subject to an enforceable master netting agreement, which includes the right of the non-defaulting party or non-affected party to offset recognized amounts, including collateral posted with the counterparty, to determine a net receivable or net payable upon early termination of the agreement. Certain of the Company’s derivative instruments are subject to master netting agreements, however the Company has not elected to offset such financial instruments in the consolidated balance sheets. The following table presents the Company's gross derivative positions as recognized in the consolidated balance sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement: Gross amounts not offset in the consolidated balance sheets Gross amounts recognized Gross amounts offset in the consolidated balance sheets Net amounts presented in the consolidated balance sheets Financial instruments Financial collateral pledged Net Amount March 31, 2023 Derivative financial assets $ 35,641 $ — $ 35,641 $ 12,771 $ — $ 22,870 Derivative financial liabilities $ 18,528 $ — $ 18,528 $ 12,771 $ 5,757 $ — December 31, 2022 Derivative financial assets $ 44,273 $ — $ 44,273 $ 14,229 $ — $ 30,044 Derivative financial liabilities $ 20,251 $ — $ 20,251 $ 14,229 $ 6,022 $ — Most derivative contracts with clients are secured by collateral. Additionally, in accordance with the interest rate agreements with derivatives dealers, the Company may be required to post margin to these counterparties. As of March 31, 2023 and December 31, 2022, the Company had minimum collateral posting thresholds with certain derivative counterparties and had collateral posted of $18,590 and $23,325, respectively, against its obligations under these agreements. Cash pledged as collateral on derivative contracts is recorded in "Other assets" on the consolidated balance sheets.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair value of financial instruments: FASB ASC 820-10 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820-10 also establishes a framework for measuring the fair value of assets and liabilities according to a hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that are derived from assumptions based on management’s estimate of assumptions that market participants would use in pricing the asset or liability based on the best information available under the circumstances. The hierarchy is broken down into the following three levels, based on the reliability of inputs: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2: Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs for assets or liabilities that are derived from assumptions based on management’s estimate of assumptions that market participants would use in pricing the assets or liabilities. The Company records the fair values of financial assets and liabilities on a recurring and non-recurring basis using the following methods and assumptions: Investment Securities Investment securities are recorded at fair value on a recurring basis. Fair values for securities are based on quoted market prices, where available. If quoted prices are not available, fair values are based on quoted market prices of similar instruments or are determined by matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the pricing relationship or correlation among other benchmark quoted securities. Investment securities valued using quoted market prices of similar instruments or that are valued using matrix pricing are classified as Level 2. When significant inputs to the valuation are unobservable, the available-for-sale securities are classified within Level 3 of the fair value hierarchy. Where no active market exists for a security or other benchmark securities, fair value is estimated by the Company with reference to discount margins for other high-risk securities. Loans held for sale Loans held for sale are carried at fair value. Fair value is determined using current secondary market prices for loans with similar characteristics for the mortgage portfolio, that is, using Level 2 inputs. The fair value of commercial loans held for sale is determined using an income approach with various assumptions including expected cash flows, market discount rates, credit metrics and collateral value when appropriate. As such, these are considered Level 3. The guaranteed GNMA optional repurchase loans are excluded from the fair value option. Derivatives The fair value of the Company's interest rate swap agreements to facilitate customer transactions are based upon fair values provided from entities that engage in interest rate swap activity and is based upon projected future cash flows and interest rates. The fair value of interest rate lock commitments associated with the mortgage pipeline is based on fees currently charged to enter into similar agreements, and for fixed-rate commitments, the difference between current levels of interest rates and the committed rates is also considered. The fair values of the Company's designated cash flow and fair value hedges are determined by calculating the difference between the discounted fixed rate cash flows and the discounted variable rate cash flows. The fair values of both the Company's hedges, including designated cash flow hedges and designated fair value hedges are based on pricing models that utilize observable market inputs. These financial instruments are classified as Level 2. OREO OREO is comprised of commercial and residential real estate obtained in partial or total satisfaction of loan obligations and excess land and facilities held for sale. OREO acquired in settlement of indebtedness is recorded at the lower of the carrying amount of the loan or the fair value of the real estate less costs to sell. Fair value is determined on a nonrecurring basis based on appraisals by qualified licensed appraisers and is adjusted for management’s estimates of costs to sell and holding period discounts. The valuations are classified as Level 3. Mortgage servicing rights MSRs are carried at fair value. Fair value is determined using an income approach with various assumptions including expected cash flows, market discount rates, prepayment speeds, servicing costs, and other factors. As such, MSRs are considered Level 3. Collateral dependent loans Collateral dependent loans are loans for which, based on current information and events, the Company has determined foreclosure of the collateral is probable, or where the borrower is experiencing financial difficulty and the Company expects repayment of the loan to be provided substantially through the operation or sale of the collateral and it is probable that the creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. Collateral dependent loans are classified as Level 3. The following table contains the estimated fair values and the related carrying values of the Company's financial instruments. Items which are not financial instruments are not included. Fair Value March 31, 2023 Carrying amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 1,319,951 $ 1,319,951 $ — $ — $ 1,319,951 Investment securities 1,474,064 — 1,474,064 — 1,474,064 Net loans held for investment 9,227,187 — — 9,090,899 9,090,899 Loans held for sale, at fair value 61,987 — 52,477 9,510 61,987 Interest receivable 44,737 1,027 6,705 37,005 44,737 Mortgage servicing rights 164,879 — — 164,879 164,879 Derivatives 39,799 — 39,799 — 39,799 Financial liabilities: Deposits: Without stated maturities $ 9,686,045 $ 9,686,045 $ — $ — $ 9,686,045 With stated maturities 1,496,870 — 1,485,091 — 1,485,091 Securities sold under agreements to repurchase and federal funds purchased 38,130 38,130 — — 38,130 Federal Home Loan Bank advances 125,000 — 125,000 — 125,000 Subordinated debt, net 127,076 — — 120,584 120,584 Interest payable 11,834 3,731 7,704 399 11,834 Derivatives 48,461 — 48,461 — 48,461 Fair Value December 31, 2022 Carrying amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 1,027,052 $ 1,027,052 $ — $ — $ 1,027,052 Investment securities 1,474,176 — 1,474,176 — 1,474,176 Net loans held for investment 9,164,020 — — 9,048,943 9,048,943 Loans held for sale, at fair value 113,240 — 82,750 30,490 113,240 Interest receivable 45,684 126 6,961 38,597 45,684 Mortgage servicing rights 168,365 — — 168,365 168,365 Derivatives 48,769 — 48,769 — 48,769 Financial liabilities: Deposits: Without stated maturities $ 9,433,860 $ 9,433,860 $ — $ — $ 9,433,860 With stated maturities 1,421,974 — 1,422,544 — 1,422,544 Securities sold under agreements to repurchase and federal funds purchased 86,945 86,945 — — 86,945 Federal Home Loan Bank advances 175,000 — 175,000 — 175,000 Subordinated debt, net 126,101 — — 118,817 118,817 Interest payable 8,648 2,571 4,559 1,518 8,648 Derivatives 63,229 — 63,229 — 63,229 The balances and levels of the assets measured at fair value on a recurring basis at March 31, 2023 are presented in the following table: At March 31, 2023 Quoted prices Significant Significant unobservable Total Recurring valuations: Financial assets: Available-for-sale securities: U.S. government agency securities $ — $ 40,928 $ — $ 40,928 Mortgage-backed securities - residential — 1,025,388 — 1,025,388 Mortgage-backed securities - commercial — 17,723 — 17,723 Municipal securities — 270,994 — 270,994 U.S. Treasury securities — 108,823 — 108,823 Corporate securities — 7,149 — 7,149 Equity securities, at fair value — 3,059 — 3,059 Total securities $ — $ 1,474,064 $ — $ 1,474,064 Loans held for sale, at fair value $ — $ 52,477 $ 9,510 $ 61,987 Mortgage servicing rights — — 164,879 164,879 Derivatives — 39,799 — 39,799 Financial Liabilities: Derivatives — 48,461 — 48,461 The balances and levels of the assets measured at fair value on a non-recurring basis at March 31, 2023 are presented in the following table: At March 31, 2023 Quoted prices Significant Significant unobservable Total Non-recurring valuations: Financial assets: Other real estate owned $ — $ — $ 224 $ 224 Collateral dependent net loans held for Residential real estate: 1-4 family mortgage $ — $ — $ 389 $ 389 Total collateral dependent loans $ — $ — $ 389 $ 389 The balances and levels of the assets measured at fair value on a recurring basis at December 31, 2022 are presented in the following table: At December 31, 2022 Quoted prices Significant Significant unobservable Total Recurring valuations: Financial assets: Available-for-sale securities: U.S. government agency securities $ — $ 40,062 $ — $ 40,062 Mortgage-backed securities - residential — 1,034,193 — 1,034,193 Mortgage-backed securities - commercial — 17,644 — 17,644 Municipal securities — 264,420 — 264,420 U.S. Treasury securities — 107,680 — 107,680 Corporate securities — 7,187 — 7,187 Equity securities, at fair value — 2,990 — 2,990 Total securities $ — $ 1,474,176 $ — $ 1,474,176 Loans held for sale, at fair value $ — $ 82,750 $ 30,490 $ 113,240 Mortgage servicing rights — — 168,365 168,365 Derivatives — 48,769 — 48,769 Financial Liabilities: Derivatives — 63,229 — 63,229 The balances and levels of the assets measured at fair value on a non-recurring basis at December 31, 2022 are presented in the following table: At December 31, 2022 Quoted prices Significant Significant unobservable Total Non-recurring valuations: Financial assets: Other real estate owned $ — $ — $ 2,497 $ 2,497 Residential real estate: 1-4 family mortgage $ — $ — $ 366 $ 366 Commercial real estate: Non-owner occupied — — 2,494 2,494 Total collateral dependent loans $ — $ — $ 2,860 $ 2,860 The following tables present information as of March 31, 2023 and December 31, 2022 about significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis: As of March 31, 2023 Financial instrument Fair Value Valuation technique Significant Range of Collateral dependent net loans $ 389 Valuation of collateral Discount for comparable sales 10%-35% Other real estate owned $ 224 Appraised value of property less costs to sell Discount for costs to sell 0%-15% As of December 31, 2022 Financial instrument Fair Value Valuation technique Significant Range of Collateral dependent loans $ 2,860 Valuation of collateral Discount for comparable sales 10%-35% Other real estate owned $ 2,497 Appraised value of property less costs to sell Discount for costs to sell 0%-15% For collateral dependent loans, the ACL is measured based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date. Fair value of the loan's collateral is determined by third-party appraisals, which are then adjusted for estimated selling and closing costs related to liquidation of the collateral. Collateral dependent loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on changes in market conditions from the time of valuation and management's knowledge of the borrower and borrower's business. As of March 31, 2023 and December 31, 2022, total amortized cost of collateral dependent loans measured on a non-recurring basis amounted to $558 and $3,054, respectively. Other real estate owned acquired in settlement of indebtedness is recorded at fair value of the real estate less estimated costs to sell. Subsequently, it may be necessary to record nonrecurring fair value adjustments for declines in fair value. Any write-downs based on the asset's fair value at the date of foreclosure are charged to the allowance for credit losses. Appraisals for both collateral dependent loans and other real estate owned are performed by certified appraisers whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the lending administrative department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry wide statistics. Collateral dependent loans that are dependent on recovery through sale of equipment, such as farm equipment, automobiles and aircrafts are generally valued based on public source pricing or subscription services while more complex assets are valued through leveraging brokers who have expertise in the collateral involved. Fair value option The following table summarizes the Company's loans held for sale as of the dates presented: March 31, December 31, 2023 2022 Loans held for sale under a fair value option: Commercial loans held for sale $ 9,510 $ 30,490 Mortgage loans held for sale 52,477 82,750 Total loans held for sale, at fair value 61,987 113,240 Loans held for sale not accounted for under a fair value option: Mortgage loans held for sale - guaranteed GNMA repurchase option 20,528 26,211 Total loans held for sale $ 82,515 $ 139,451 Mortgage loans held for sale The Company measures mortgage loans originated for sale at fair value under the fair value option as permitted under ASC 825, "Financial Instruments" ("ASC 825"). Electing to measure these assets at fair value reduces certain timing differences and more accurately matches the changes in fair value of the loans with changes in the fair value of derivative instruments used to economically hedge them. Net losses of $51 and $16,874 resulting from fair value changes of mortgage loans were recorded in income during the three months ended March 31, 2023 and 2022, respectively. The amount does not reflect changes in fair values of related derivative instruments used to hedge exposure to market-related risks associated with these mortgage loans. The net change in fair value of these loans held for sale and derivatives resulted in net losses of $421 and $7,548 for the three months ended March 31, 2023 and 2022, respectively. The change in fair value of both loans held for sale and the related derivative instruments are recorded in mortgage banking Income in the consolidated statements of income. Election of the fair value option allows the Company to reduce the accounting volatility that would otherwise result from the asymmetry created by accounting for the financial instruments at the lower of cost or fair value and the derivatives at fair value. The Company’s valuation of mortgage loans held for sale incorporates an assumption for credit risk; however, given the short-term period that the Company holds these mortgage loans held for sale, valuation adjustments attributable to instrument-specific credit risk is nominal. Rebooked GNMA optional repurchase loans do not meet the requirements under FASB ASC Topic 825 to be accounted for under the fair value option. As such, these loans are excluded from the below disclosures. Commercial loans held for sale The Company also has a portfolio of shared institutional healthcare loans that were acquired during a 2020 business combination. These commercial loans are also being measured under the fair value option. As such, these loans are excluded from the allowance for credit losses. The following tables set forth the changes in fair value associated with this portfolio for the three months ended March 31, 2023 and 2022. Three Months Ended March 31, 2023 Principal Balance Fair Value Discount Fair Value Carrying value at beginning of period $ 34,357 $ (3,867) $ 30,490 Change in fair value: Pay-downs and pay-offs (21,890) — (21,890) Changes in valuation included in other noninterest income — 910 910 Carrying value at end of period $ 12,467 $ (2,957) $ 9,510 Three Months Ended March 31, 2022 Principal balance Fair Value discount Fair Value Carrying value at beginning of period $ 86,762 $ (7,463) $ 79,299 Change in fair value: Pay-downs and pay-offs (946) — (946) Changes in valuation included in other noninterest income — (174) (174) Carrying value at end of period $ 85,816 $ (7,637) $ 78,179 Interest income on loans held for sale measured at fair value is accrued as it is earned based on contractual rates and is reflected in interest income in the consolidated statements of income. The following table summarizes the differences between the fair value and the principal balance for loans held for sale and nonaccrual loans measured at fair value as of March 31, 2023 and December 31, 2022: March 31, 2023 Aggregate Aggregate Unpaid Principal Balance Difference Mortgage loans held for sale measured at fair value $ 52,477 $ 51,298 $ 1,179 Commercial loans held for sale measured at fair value 232 236 (4) Nonaccrual commercial loans held for sale 9,278 12,231 (2,953) December 31, 2022 Aggregate Aggregate Unpaid Principal Balance Difference Mortgage loans held for sale measured at fair value $ 82,750 $ 81,520 $ 1,230 Commercial loans held for sale measured at fair value 21,201 22,126 (925) Nonaccrual commercial loans held for sale 9,289 12,231 (2,942)

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment reporting:The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Company determines reportable segments based on the significance of the segment’s operating results to the overall Company, the products and services offered, customer characteristics, processes and service delivery of the segments and the regular financial performance review and allocation of resources by the Chief Executive Officer, the Company’s chief operating decision maker. The Company has identified two distinct reportable segments—Banking and Mortgage. The Company’s primary segment is Banking, which provides a full range of deposit and lending products and services to corporate, commercial and consumer customers. The Company also originates conforming residential mortgage loans through the Mortgage segment, which activities also include the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies. The Company’s mortgage division represents a distinct reportable segment which differs from the Company’s primary business of commercial and retail banking. The financial performance of the Mortgage segment is assessed based on results of operations reflecting direct revenues and expenses and allocated expenses. This approach gives management a better indication of the operating performance of the segment. When assessing the Banking segment’s financial performance, the CEO utilizes reports with indirect revenues and expenses including but not limited to the investment portfolio, electronic delivery channels and areas that primarily support the banking segment operations. Therefore, these are included in the results of the Banking segment. Other indirect revenue and expenses related to general administrative areas are also included in the internal financial results reports of the Banking segment utilized by the CEO for analysis and are thus included for Banking segment reporting. Additionally, the Banking segment includes the results of the Company's specialty lending group, which is concentrated in manufactured housing lending. The Mortgage segment utilizes funding sources from the Banking segment in order to fund mortgage loans that are ultimately sold on the secondary market and uses proceeds from loan sales to repay obligations due to the Banking segment. During the second quarter of 2022, the Company exited the direct-to-consumer internet delivery channel, which was one of two delivery channels in the Mortgage segment. The repositioning of the Mortgage segment did not qualify to be reported as discontinued operations. The Company continues to originate and sell residential mortgage loans within its Mortgage segment through its traditional mortgage retail channel, retain mortgage servicing rights and continues to hold residential mortgage loans in the loan HFI portfolio. Interest rate lock commitment volume and sales volume included in the Mortgage segment are as follows for the periods indicated: Three Months Ended March 31, 2023 2022 Interest rate lock commitment volume by delivery channel: Direct-to-consumer $ — $ 568,092 Retail 375,042 741,015 Total $ 375,042 $ 1,309,107 Mortgage loan sales $ 332,307 $ 1,284,482 The following tables provide segment financial information for the periods indicated: Three Months Ended March 31, 2023 Banking (3) Mortgage Consolidated Net interest income $ 103,660 $ — $ 103,660 Provisions for credit losses (1) 491 — 491 Mortgage banking income (2) — 15,493 15,493 Change in fair value of mortgage servicing rights, net of hedging (2) — (3,407) (3,407) Other noninterest income 11,493 (230) 11,263 Depreciation and amortization 2,049 179 2,228 Amortization of intangibles 990 — 990 Other noninterest expense 65,311 11,911 77,222 Income (loss) before income taxes $ 46,312 $ (234) $ 46,078 Income tax expense 9,697 Net income applicable to FB Financial Corporation and noncontrolling interest 36,381 Net income applicable to noncontrolling interest (3) — Net income applicable to FB Financial Corporation $ 36,381 Total assets $ 12,530,039 $ 571,108 $ 13,101,147 Goodwill 242,561 — 242,561 (1) Includes $4,997 in provision for credit losses on loans and $(4,506) in provision for credit losses on unfunded commitments. (2) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income. (3) Banking segment includes noncontrolling interest. Three Months Ended March 31, 2022 Banking (3) Mortgage Consolidated Net interest income $ 88,184 $ (2) $ 88,182 Provisions for credit losses (1) (4,247) — (4,247) Mortgage banking income (2) — 29,278 29,278 Change in fair value of mortgage servicing rights, net of hedging (2) — 253 253 Other noninterest income 11,983 (122) 11,861 Depreciation and amortization 1,710 326 2,036 Amortization of intangibles 1,244 — 1,244 Other noninterest expense 56,630 29,362 85,992 Income (loss) before income taxes $ 44,830 $ (281) $ 44,549 Income tax expense 9,313 Net income applicable to FB Financial Corporation and noncontrolling interest 35,236 Net income applicable to noncontrolling interest (3) — Net income applicable to FB Financial Corporation $ 35,236 Total assets $ 11,890,847 $ 783,344 $ 12,674,191 Goodwill 242,561 — 242,561 (1) Includes $(6,129) in provision for credit losses on loans and $1,882 in provision for credit losses on unfunded commitments. (2) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income. (3) Banking segment includes noncontrolling interest.

Minimum Capital Requirements

Minimum Capital Requirements	3 Months Ended
	Mar. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Minimum Capital Requirements	Minimum capital requirements: Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Under regulatory guidance for non-advanced approach institutions, the Bank and Company are required to maintain minimum capital ratios as outlined in the table below. Additionally, under U.S. Basel III Capital Rules, the Bank and Company opted out of including accumulated other comprehensive income in regulatory capital. As of March 31, 2023 and December 31, 2022, the Bank and Company met all capital adequacy requirements to which they are subject. In March 2020, the OCC, the Board of Governors of the Federal Reserve System, and the FDIC announced a final rule to delay the estimated impact on regulatory capital stemming from the implementation of CECL. The final rule maintained the three-year transition option in the previous rule and provides banks the option to delay for two years an estimate of CECL’s effect on regulatory capital, relative to the incurred loss methodology’s effect on regulatory capital, followed by a three-year transition period (five-year transition option). The Company adopted the capital transition relief over the permissible five-year period and delayed the initial impact of CECL adoption plus 25% of the quarterly increases in ACL in the first two years after adoption. Beginning on January 1, 2022, the cumulative amount of the transition adjustments became fixed and are being phased out of regulatory capital calculations evenly over a three year period, with 75% of the transition provision’s impact being recognized in 2022, 50% recognized in 2023, and 25% recognized in 2024. Actual and required capital amounts and ratios are included below as of the dates indicated. As of March 31, 2023 Actual Minimum Capital To be well capitalized Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets) FB Financial Corporation $ 1,557,049 13.6 % $ 1,205,137 10.5 % N/A N/A FirstBank 1,524,500 13.3 % 1,204,213 10.5 % $ 1,146,869 10.0 % Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,331,158 11.6 % $ 975,587 8.5 % N/A N/A FirstBank 1,298,609 11.3 % 974,839 8.5 % $ 917,495 8.0 % Tier 1 Capital (to average assets) FB Financial Corporation $ 1,331,158 10.4 % $ 512,344 4.0 % N/A N/A FirstBank 1,298,609 10.2 % 511,666 4.0 % $ 639,583 5.0 % Common Equity Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,301,158 11.3 % $ 803,424 7.0 % N/A N/A FirstBank 1,298,609 11.3 % 802,808 7.0 % $ 745,465 6.5 % As of December 31, 2022 Actual Minimum Capital To be well capitalized Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets) FB Financial Corporation $ 1,528,344 13.1 % $ 1,225,161 10.5 % N/A N/A FirstBank 1,506,543 12.9 % 1,222,922 10.5 % $ 1,164,688 10.0 % Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,315,386 11.3 % $ 991,797 8.5 % N/A N/A FirstBank 1,293,585 11.1 % 989,985 8.5 % $ 931,750 8.0 % Tier 1 Capital (to average assets) FB Financial Corporation $ 1,315,386 10.5 % $ 499,648 4.0 % N/A N/A FirstBank 1,293,585 10.4 % 499,194 4.0 % $ 623,992 5.0 % Common Equity Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,285,386 11.0 % $ 816,774 7.0 % N/A N/A FirstBank 1,293,585 11.1 % 815,281 7.0 % $ 757,047 6.5 %

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation: Restricted Stock Units The Company grants RSUs under compensation arrangements for the benefit of employees, executive officers, and directors. RSU grants are subject to time-based vesting. The total number of restricted stock units granted represents the maximum number of restricted stock units eligible to vest based upon the service conditions set forth in the grant agreements. The following table summarizes changes in restricted stock units for the three months ended March 31, 2023. Restricted Stock Weighted Balance at beginning of period (unvested) 365,155 $ 39.02 Granted 144,578 37.17 Vested (134,601) 34.11 Forfeited (1,428) 43.62 Balance at end of period (unvested) 373,704 $ 39.05 The total fair value of restricted stock units vested and released was $4,591 and $3,397 for the three months ended March 31, 2023 and 2022, respectively. The compensation cost related to stock grants and vesting of restricted stock units was $1,706 and $1,856 for the three months ended March 31, 2023 and 2022, respectively. This included amounts paid related to director grants and compensation elected to be settled in stock amounting to $175 and $166 during the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, there was $12,523 of total unrecognized compensation cost related to unvested restricted stock units which is expected to be recognized over a weighted-average period of 2.9 years. Additionally, as of March 31, 2023, there were 1,571,098 shares available for issuance under the Company's stock compensation plans. As of March 31, 2023 and December 31, 2022, there were $205 and $292, respectively, accrued in other liabilities related to dividend equivalent units declared to be paid upon vesting and distribution of the underlying restricted stock units. Performance Based Restricted Stock Units The Company awards performance-based restricted stock units to executives and other officers and employees. Under the terms of the awards, the number of units that will vest and convert to shares of common stock will be based on the Company's performance relative to a predefined peer group over a fixed three The following table summarizes information about the changes in PSUs as of and for the three months ended March 31, 2023. Performance Stock Weighted Balance at beginning of period (unvested) 161,667 $ 41.73 Granted 86,010 37.17 Performance adjustment (1) 44,319 37.17 Vested (90,583) 36.21 Forfeited or expired (1,153) 44.25 Balance at end of period (unvested) 200,260 $ 40.98 (1) PSUs are presented as outstanding, granted and forfeited in the table above assuming targets are met and the awards pay out at 100%. PSU awards are settled with payouts ranging from 0% and 200% of the target award value based on the Company's performance relative to a predefined peer group over a fixed three performance attainment above or below target. The following table summarizes data related to the Company's outstanding PSUs as of March 31, 2023: Grant Year Grant Price Vest Year PSUs Outstanding 2021 (1) $ 43.20 2024 54,922 2022 (2) $ 44.44 2025 59,328 2023 (2) $ 37.17 2026 86,010 (1) Vesting factor will be either at 0%, 25%, 100%, or 200% of PSUs outstanding based on the Company's performance relative to a predefined peer group over a fixed three (2) Vesting factor will be interpolated between 0% and 200% of PSUs outstanding based on the Company's performance relative to a predefined peer group over a fixed three The Company recorded compensation cost of $579 and $726 for the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, maximum unrecognized compensation cost at 200% payout related to the unvested PSUs was $14,182, and the weighted average remaining performance period over which the cost could be recognized was 2.50 years. Employee Stock Purchase Plan: The Company maintains an employee stock purchase plan under which employees, through payroll deductions, are able to purchase shares of Company common stock. The employee purchase price is 95% of the lower of the market price on the first or last day of the offering period. The maximum number of shares issuable during any offering period is 200,000 shares and a participant may not purchase more than 725 shares during any offering period (and, in any event, no more than $25 worth of common stock in any calendar year). There were 8,214 and 15,152 shares of common stock issued under the ESPP with proceeds from employee payroll withholdings of $305 and $588 during the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023, there were 2,306,532 shares available for issuance under the ESPP.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related party transactions: (A) Loans: The Bank has made and expects to continue to make loans to the directors, certain management, significant shareholders, and executive officers of the Company and their related interests in the ordinary course of business, in compliance with regulatory requirements. An analysis of loans to executive officers, certain management, and directors of the Bank and their related interests is presented below: Loans outstanding at January 1, 2023 $ 82,559 New loans and advances 23,098 Repayments (2,365) Loans outstanding at March 31, 2023 $ 103,292 Unfunded commitments to certain executive officers, certain management and directors and their related interests totaled $34,089 and $31,564 at March 31, 2023 and December 31, 2022, respectively. (B) Deposits: The Bank held deposits from related parties tota ling $336,448 a nd $347,660 as of March 31, 2023 and December 31, 2022, respectively. (C) Leases: The Bank leases various office spaces from entities owned by certain directors of the Company under varying terms. Lease expense for these properties totaled $90 and $101 for the three months ended March 31, 2023 and 2022. (D) Aviation lease: During the year ended December 31, 2021, the Bank formed a subsidiary, FBK Aviation, LLC and purchased an aircraft under this entity. FBK Aviation, LLC also maintains a non-exclusive aircraft lease agreement with an entity owned by one of the Company's directors. During the three months ended March 31, 2023 and 2022, the Company recognized income amounting to $7 and $11, respectively, under this agreement. (E) Equity investment in preferred stock: During the year ended December 31, 2022, the Company invested in preferred stock of a privately held entity of which an executive officer of the Company is on the Board of directors of the investee. This investment is included in other assets on the consolidated balance sheets with a carrying amount of $10,000 as of both March 31, 2023 and December 31, 2022, and is being accounted for as an equity security without readily determinable market value. No gains or losses have been recognized to date associated with this investment.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of presentation	The unaudited consolidated financial statements, including the notes thereto, have been prepared in accordance with U.S. GAAP interim reporting requirements and general banking industry guidelines, and therefore, do not include all information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K. The unaudited consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods. The results for interim periods are not necessarily indicative of results for a full year.
Reclassifications	Certain prior period amounts have been reclassified to conform to the current period presentation without any impact on the reported amounts of net income or shareholders’ equity.
Earnings per common share	Earnings per share Basic EPS excludes dilution and is computed by dividing earnings available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS includes the dilutive effect of additional potential common shares issuable under the restricted stock units granted but not yet vested and distributable. Diluted EPS is computed by dividing earnings available to common shareholders by the weighted average number of common shares outstanding for the period, plus an incremental number of common-equivalent shares computed using the treasury stock method. Unvested share-based payment awards, which include the right to receive non-forfeitable dividends or dividend equivalents, are considered to participate with common shareholders in undistributed earnings for purposes of computing EPS. Companies that have such participating securities are required to calculate basic and diluted EPS using the two-class method. Certain restricted stock awards granted by the Company include non-forfeitable dividend equivalents and are considered participating securities. Calculations of EPS under the two-class method (i) exclude from the numerator any dividends paid or owed on participating securities and any undistributed earnings considered to be attributable to participating securities and (ii) exclude from the denominator the dilutive impact of the participating securities.
Recently adopted accounting standards and Newly issued not yet effective accounting standards	Recently adopted accounting standards: In March 2022, the FASB issued ASU 2022-01, "Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method", to expand the current single-layer method of electing hedge accounting to allow multiple hedged layers of a single closed portfolio under the method. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method. The amendments in this update are effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted on any date on or after the issuance of ASU No. 2022-01 for any entity that has adopted the amendments in ASU No.2017-12 for the corresponding period. The Company adopted the update effective January 1, 2023. The adoption of this standard did not have an impact on the consolidated financial statements or disclosures. Additionally, in March 2022, the FASB issued ASU 2022-02, "Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" related to troubled debt restructurings and vintage disclosures for financing receivables. The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted the CECL model and enhance the disclosure requirements for loan modifications and restructurings made with borrowers experiencing financial difficulty. In addition, the amendments require disclosure of current-period gross write-offs for financing receivables by year of origination in the vintage disclosures. The amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company prospectively adopted the amendment effective January 1, 2023 and updated its disclosures for the first quarter of 2023. Refer to Note 3 for further information. The adoption of this standard did not have a material impact on the Company's consolidated financial statements. Newly issued not yet effective accounting standards: In March 2023, the FASB issued ASU 2023-01, “Leases (Topic 842): Common Control Arrangements” as part of the Post-Implementation Review process of Topic 842 around related party arrangements between entities under common control. Under previous guidance, a lessee is generally required to amortize leasehold improvements that it owns over the shorter of the useful life of those improvements or the lease term. However, due to the nature of leasehold improvements made under leases between entities under common control, ASU 2023-01 requires a lessee in a common-control arrangement to amortize such leasehold improvements that it owns over the improvements' useful life to the common control group, regardless of the lease term. The ASU becomes effective January 1, 2024 and is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Additionally, in March 2023, the FASB issued ASU 2023-02, "Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method". The amendments in this update permit reporting entities to elect to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The ASU becomes effective January 1, 2024 and the Company is evaluating the potential impact of this standard on its consolidated financial statements and related disclosures. In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. The FASB issued this update to clarify the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security, to amend a related illustrative example, and to introduce new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The ASU becomes effective January 1, 2024 and the Company is evaluating the potential impact of this standard on its consolidated financial statements and related disclosures. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” ASU 2020-04 is intended to provide relief for companies preparing for discontinuation of interest rates based on LIBOR. The ASU provides optional expedients and exceptions for applying GAAP to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or other reference rates expected to be discontinued. ASU 2020-04 also provides for a one-time sale and/or transfer to AFS or trading to be made for HTM debt securities that both reference an eligible reference rate and were classified as HTM before January 1, 2020. ASU 2020-04 was effective for all entities as of March 12, 2020 and through December 31, 2022. Companies can apply the ASU as of the beginning of the interim period that includes March 12, 2020 or any date thereafter. The guidance requires companies to apply the guidance prospectively to contract modifications and hedging relationships while the one-time election to sell and/or transfer debt securities classified as HTM may be made any time after March 12, 2020. In December 2022, the FASB issued ASU 2022-06, "Reference rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848" to extend the date to December 31, 2024 for companies to apply the relief in Topic 848. The Company's LIBOR Transition Committee was established to transition from LIBOR to alternative rates and has continued its efforts consistent with industry timelines. As part of these efforts, during the fourth quarter of 2021, the Company ceased utilization of LIBOR as an index in newly originated loans or loans that are refinanced. Additionally, the Company identified existing products that utilize LIBOR and are implementing contract modifications to facilitate the transition to alternative reference rates. ASU 2020-04 and ASU 2021-01 are not expected to have a material impact on the Company's consolidated financial statements.
Subsequent events	Subsequent events The Company has evaluated, for consideration of recognition or disclosure, subsequent events that occurred through the date of issuance of these financial statements. The Company has determined that there were no subsequent events that occurred after March 31, 2023, but prior to the issuance of these financial statements that would have a material impact on the Company’s consolidated financial statements.
Allowance for credit losses	Allowance for Credit Losses The Company calculates its expected credit loss using a lifetime loss rate methodology. The Company utilizes probability-weighted forecasts, which consider multiple macroeconomic variables from a third-party vendor that are applicable to the type of loan. Each of the Company's loss rate models incorporate forward-looking macroeconomic projections throughout the reasonable and supportable forecast period and the subsequent historical reversion at the macroeconomic variable input level. In order to estimate the life of a loan, the contractual term of the loan is adjusted for estimated prepayments based on market information and the Company’s prepayment history. The Company's loss rate models estimate the lifetime loss rate for pools of loans by combining the calculated loss rate based on each variable within the model (including the macroeconomic variables). The lifetime loss rate for the pool is then multiplied by the loan balances to determine the expected credit losses on the pool. The quantitative models require loan data and macroeconomic variables based on the inherent credit risks in each portfolio to more accurately measure the credit risks associated with each. Each of the quantitative models pools loans with similar risk characteristics and collectively assesses the lifetime loss rate for each pool to estimate its expected credit loss. The Company considers the need to qualitatively adjust its modeled quantitative expected credit loss estimate for information not already captured in the model loss estimation process. These qualitative factor adjustments may increase or decrease the Company’s estimate of expected credit losses. The Company reviews the qualitative adjustments so as to validate that information that has already been considered and included in the modeled quantitative loss estimation process is not also included in the qualitative adjustment. The Company considers the qualitative factors that are relevant to the institution as of the reporting date, which may include, but are not limited to: levels of and trends in delinquencies and performance of loans; levels of and trends in write-offs and recoveries collected; trends in volume and terms of loans; effects of any changes in reasonable and supportable economic forecasts; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and expertise; available relevant information sources that contradict the Company’s own forecast; effects of changes in prepayment expectations or other factors affecting assessments of loan contractual terms; industry conditions; and effects of changes in credit concentrations. The Company performed qualitative evaluations within the Company's established qualitative framework, assessing the impact of the current economic outlook (including uncertainty due to inflation, recent bank failures, negative economic forecasts, predicted Federal Reserve rate increases, status of federal government stimulus programs, and other considerations). The increase in estimated required reserve during the three months ended March 31, 2023 was a result of increased loan growth and a tightening monetary policy environment both of which were incorporated into the Company's reasonable and supportable forecasts. These forecasts included weighted projections that the economy may be nearing a recession, reflected through deterioration in asset quality projected over life of the loan portfolio. Loss rates on residential loans and HELOC were qualitatively adjusted downwards, addressing the relative strength of asset values in the Company's predominant markets. The Company calculates its allowance for credit losses using a lifetime loss rate methodology and disaggregates the loan portfolio into three pools. The following presents a summary of quantitative and qualitative factors considered as of March 31, 2023, which resulted in changes in the allowance for credit losses compared to December 31, 2022 as described below. Pool Source of repayment Quantitative and Qualitative factors considered Commercial and Industrial Repayment is largely dependent Quantitative: Prepayment speeds are modeled in the form of a prepayment benchmarking that directly impacts the ACL output for all C&I loans and lines of credit. Loss rates incorporate a peer scaling factor. Qualitative: An uncertain economic outlook including the effects of inflation and the interest rate environment are driving a qualitative increase in the ACL. Retail Repayment is primarily dependent on the personal cash flow of the borrower. Quantitative: Average FICO scores, remaining life of the portfolio, delinquency composition, prepayment speeds leveraging Equifax and Moody's data Qualitative: High modeled loss rates and the relatively strong housing market within the bank’s footprint are driving a qualitative decrease in the ACL. Commercial Real Estate Repayment is primarily dependent on lease income generated from the underlying collateral. Quantitative: Prepayment speeds leverage a reverse-compounding formula. Loss rates incorporate a peer scaling factor. Qualitative: Changes in asset quality are driving a minor qualitative increase in the ACL. When a loan no longer shares similar risk characteristics with other loans in any given pool, the loan is individually assessed. The Company has determined the following circumstances in which a loan may require an individual evaluation: collateral dependent loans; loans for which foreclosure is probable; and loans with other unique risk characteristics. A loan is deemed collateral dependent when 1) the borrower is experiencing financial difficulty and 2) the repayment is expected to be primarily through sale or operation of the collateral. The allowance for credit losses for collateral dependent loans as well as loans where foreclosure is probable is calculated as the amount for which the loan’s amortized cost basis exceeds fair value. Fair value is determined based on appraisals performed by qualified appraisers and reviewed by qualified personnel. In cases where repayment is to be provided substantially through the sale of collateral, the Company reduces the fair value by the estimated costs to sell. Effective January 1, 2023, the Company prospectively adopted the accounting guidance in ASU 2022-02, "Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures", which eliminates the recognition and measurement of TDRs. Upon adoption of this guidance, the Company no longer measures an allowance for credit losses for TDRs it reasonably expects will occur, and it evaluates all loan modifications according to the accounting guidance for loan refinancing and modifications to determine whether the modification should be accounted for as a new loan or a continuation of the existing loan. After adoption, the Company now derecognizes the existing loan and accounts for the modified loan as a new loan if the effective yield on the modified loan is at least equal to the effective yield for comparable loans with similar collection risks and the modifications to the original loan are more than minor. If a loan modification does not meet these conditions, it extends the existing loan’s amortized cost basis and accounts for the modified loan as a continuation of the existing loan. Prior to January 1, 2023, loans experiencing financial difficulty for which a concession has not yet been provided may be identified as reasonably expected TDRs. Reasonably expected TDRs and TDRs used the same methodology. In cases where the expected credit loss can only be captured through a discounted cash flow analysis (such as an interest rate modification for a TDR loan), the allowance was measured by the amount which the loan’s amortized cost exceeds the discounted cash flow analysis. As a result of the difference in methodology between periods, disclosures related to loan modifications made to borrowers experiencing financial difficulty and TDRs may not be comparative in nature.
Loans (excluding purchased credit deteriorated loans)	Credit Quality - Commercial Type Loans The Company categorizes commercial loan types into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans that share similar risk characteristics collectively. Loans that do not share similar risk characteristics are evaluated individually. The Company uses the following definitions for risk ratings: Pass. Loans rated Pass include those that are adequately collateralized performing loans which management believes do not have conditions that have occurred or may occur that would result in the loan being downgraded into an inferior category. The Pass category also includes commercial loans rated as Watch, which include those that management believes have conditions that have occurred, or may occur, which could result in the loan being downgraded to an inferior category. Special Mention. Loans rated Special Mention are those that have potential weakness that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s credit position at some future date. Management does not believe there will be a loss of principal or interest. These loans require intensive servicing and may possess more than normal credit risk. Classified. Loans included in the Classified category include loans rated as Substandard and Doubtful. Loans rated as Substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Also included in this category are loans classified as Doubtful, which have all the weaknesses inherent in those classified as Substandard, with the added characteristic that the weakness or weaknesses make collection or liquidation in full, based on currently existing facts, conditions, and values, highly questionable and improbable.
Fair value of financial instruments	Fair value of financial instruments: FASB ASC 820-10 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820-10 also establishes a framework for measuring the fair value of assets and liabilities according to a hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that are derived from assumptions based on management’s estimate of assumptions that market participants would use in pricing the asset or liability based on the best information available under the circumstances. The hierarchy is broken down into the following three levels, based on the reliability of inputs: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2: Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs for assets or liabilities that are derived from assumptions based on management’s estimate of assumptions that market participants would use in pricing the assets or liabilities. The Company records the fair values of financial assets and liabilities on a recurring and non-recurring basis using the following methods and assumptions: Investment Securities Investment securities are recorded at fair value on a recurring basis. Fair values for securities are based on quoted market prices, where available. If quoted prices are not available, fair values are based on quoted market prices of similar instruments or are determined by matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the pricing relationship or correlation among other benchmark quoted securities. Investment securities valued using quoted market prices of similar instruments or that are valued using matrix pricing are classified as Level 2. When significant inputs to the valuation are unobservable, the available-for-sale securities are classified within Level 3 of the fair value hierarchy. Where no active market exists for a security or other benchmark securities, fair value is estimated by the Company with reference to discount margins for other high-risk securities. Loans held for sale Loans held for sale are carried at fair value. Fair value is determined using current secondary market prices for loans with similar characteristics for the mortgage portfolio, that is, using Level 2 inputs. The fair value of commercial loans held for sale is determined using an income approach with various assumptions including expected cash flows, market discount rates, credit metrics and collateral value when appropriate. As such, these are considered Level 3. The guaranteed GNMA optional repurchase loans are excluded from the fair value option. Derivatives The fair value of the Company's interest rate swap agreements to facilitate customer transactions are based upon fair values provided from entities that engage in interest rate swap activity and is based upon projected future cash flows and interest rates. The fair value of interest rate lock commitments associated with the mortgage pipeline is based on fees currently charged to enter into similar agreements, and for fixed-rate commitments, the difference between current levels of interest rates and the committed rates is also considered. The fair values of the Company's designated cash flow and fair value hedges are determined by calculating the difference between the discounted fixed rate cash flows and the discounted variable rate cash flows. The fair values of both the Company's hedges, including designated cash flow hedges and designated fair value hedges are based on pricing models that utilize observable market inputs. These financial instruments are classified as Level 2. OREO OREO is comprised of commercial and residential real estate obtained in partial or total satisfaction of loan obligations and excess land and facilities held for sale. OREO acquired in settlement of indebtedness is recorded at the lower of the carrying amount of the loan or the fair value of the real estate less costs to sell. Fair value is determined on a nonrecurring basis based on appraisals by qualified licensed appraisers and is adjusted for management’s estimates of costs to sell and holding period discounts. The valuations are classified as Level 3. Mortgage servicing rights MSRs are carried at fair value. Fair value is determined using an income approach with various assumptions including expected cash flows, market discount rates, prepayment speeds, servicing costs, and other factors. As such, MSRs are considered Level 3. Collateral dependent loans Collateral dependent loans are loans for which, based on current information and events, the Company has determined foreclosure of the collateral is probable, or where the borrower is experiencing financial difficulty and the Company expects repayment of the loan to be provided substantially through the operation or sale of the collateral and it is probable that the creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. Collateral dependent loans are classified as Level 3. For collateral dependent loans, the ACL is measured based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date. Fair value of the loan's collateral is determined by third-party appraisals, which are then adjusted for estimated selling and closing costs related to liquidation of the collateral. Collateral dependent loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on changes in market conditions from the time of valuation and management's knowledge of the borrower and borrower's business. As of March 31, 2023 and December 31, 2022, total amortized cost of collateral dependent loans measured on a non-recurring basis amounted to $558 and $3,054, respectively. Other real estate owned acquired in settlement of indebtedness is recorded at fair value of the real estate less estimated costs to sell. Subsequently, it may be necessary to record nonrecurring fair value adjustments for declines in fair value. Any write-downs based on the asset's fair value at the date of foreclosure are charged to the allowance for credit losses. Appraisals for both collateral dependent loans and other real estate owned are performed by certified appraisers whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the lending administrative department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry wide statistics. Collateral dependent loans that are dependent on recovery through sale of equipment, such as farm equipment, automobiles and aircrafts are generally valued based on public source pricing or subscription services while more complex assets are valued through leveraging brokers who have expertise in the collateral involved.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Schedule of Basic and Diluted Earnings Per Common Share Calculation	The following is a summary of the basic and diluted earnings per common share calculations for each of the periods presented: Three Months Ended March 31, 2023 2022 Basic earnings per common share: Net income applicable to FB Financial Corporation $ 36,381 $ 35,236 Dividends paid on and undistributed earnings allocated to participating securities — — Earnings available to common shareholders $ 36,381 $ 35,236 Weighted average basic shares outstanding 46,679,618 47,530,520 Basic earnings per common share $ 0.78 $ 0.74 Diluted earnings per common share: Earnings available to common shareholders $ 36,381 $ 35,236 Weighted average basic shares outstanding 46,679,618 47,530,520 Weighted average diluted shares contingently issuable (1) 85,536 193,382 Weighted average diluted shares outstanding 46,765,154 47,723,902 Diluted earnings per common share $ 0.78 $ 0.74 (1) Excludes 159,946 and 123,709 restricted stock units outstanding considered to be antidilutive for the three months ended March 31, 2023 and 2022, respectively.

Investment securities (Tables)

Investment securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost of Securities and Fair Values	The following tables summarize the amortized cost, allowance for credit losses and fair value of the available-for-sale debt securities and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive loss at March 31, 2023 and December 31, 2022: March 31, 2023 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses for investments Fair Value Investment Securities Available-for-sale debt securities U.S. government agency securities $ 45,176 $ — $ (4,248) $ — $ 40,928 Mortgage-backed securities - residential 1,197,702 — (172,314) — 1,025,388 Mortgage-backed securities - commercial 18,979 — (1,256) — 17,723 Municipal securities 295,010 967 (24,983) — 270,994 U.S. Treasury securities 113,403 — (4,580) — 108,823 Corporate securities 8,000 — (851) — 7,149 Total $ 1,678,270 $ 967 $ (208,232) $ — $ 1,471,005 December 31, 2022 Amortized cost Gross unrealized gains Gross unrealized losses Allowance for credit losses for investments Fair Value Investment Securities Available-for-sale debt securities U.S. government agency securities $ 45,167 $ — $ (5,105) $ — $ 40,062 Mortgage-backed securities - residential 1,224,522 — (190,329) — 1,034,193 Mortgage-backed securities - commercial 19,209 — (1,565) — 17,644 Municipal securities 295,375 458 (31,413) — 264,420 U.S. Treasury securities 113,301 — (5,621) — 107,680 Corporate securities 8,000 — (813) — 7,187 Total $ 1,705,574 $ 458 $ (234,846) $ — $ 1,471,186
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	Therefore, mortgage-backed securities are not included in the maturity categories in the following summary. March 31, December 31, 2023 2022 Available-for-sale Available-for-sale Amortized cost Fair value Amortized cost Fair value Due in one year or less $ 34,965 $ 34,270 $ 4,277 $ 4,225 Due in one to five years 138,189 130,585 161,556 152,181 Due in five to ten years 58,876 56,982 61,290 57,859 Due in over ten years 229,559 206,057 234,720 205,084 461,589 427,894 461,843 419,349 Mortgage-backed securities - residential 1,197,702 1,025,388 1,224,522 1,034,193 Mortgage-backed securities - commercial 18,979 17,723 19,209 17,644 Total debt securities $ 1,678,270 $ 1,471,005 $ 1,705,574 $ 1,471,186
Schedule of Sales and Other Dispositions of Available-for-Sale Securities	Sales and other dispositions of available-for-sale securities were as follows: Three Months Ended March 31, 2023 2022 Proceeds from sales $ — $ — Proceeds from maturities, prepayments and calls 26,827 57,443 Gross realized gains — 2 Gross realized losses — —
Schedule of Gross Unrealized Losses	The following tables show gross unrealized losses for which an allowance for credit losses has not been recorded at March 31, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: March 31, 2023 Less than 12 months 12 months or more Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. government agency securities $ 4,014 $ (94) $ 36,913 $ (4,154) $ 40,927 $ (4,248) Mortgage-backed securities - residential 101,194 (4,425) 924,189 (167,889) 1,025,383 (172,314) Mortgage-backed securities - commercial 11,311 (740) 6,415 (516) 17,726 (1,256) Municipal securities 43,100 (1,872) 161,743 (23,111) 204,843 (24,983) U.S. Treasury securities 60,669 (1,276) 48,154 (3,304) 108,823 (4,580) Corporate securities 946 (55) 6,281 (796) 7,227 (851) Total $ 221,234 $ (8,462) $ 1,183,695 $ (199,770) $ 1,404,929 $ (208,232) December 31, 2022 Less than 12 months 12 months or more Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized loss U.S. government agency securities $ 23,791 $ (2,802) $ 16,271 $ (2,303) $ 40,062 $ (5,105) Mortgage-backed securities - residential 316,656 (32,470) 717,533 (157,859) 1,034,189 (190,329) Mortgage-backed securities - commercial 11,104 (968) 6,541 (597) 17,645 (1,565) Municipal securities 196,419 (26,811) 36,726 (4,602) 233,145 (31,413) U.S. Treasury securities 94,248 (4,122) 13,434 (1,499) 107,682 (5,621) Corporate securities 4,008 (492) 3,270 (321) 7,278 (813) Total $ 646,226 $ (67,665) $ 793,775 $ (167,181) $ 1,440,001 $ (234,846)

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of Loans Outstanding by Class of Financing Receivable	Loans outstanding as of March 31, 2023 and December 31, 2022, by class of financing receivable are as follows: March 31, December 31, 2023 2022 Commercial and industrial $ 1,671,398 $ 1,645,783 Construction 1,697,513 1,657,488 Residential real estate: 1-to-4 family mortgage 1,562,503 1,573,121 Residential line of credit 497,391 496,660 Multi-family mortgage 489,379 479,572 Commercial real estate: Owner-occupied 1,136,978 1,114,580 Non-owner occupied 1,939,517 1,964,010 Consumer and other 371,317 366,998 Gross loans 9,365,996 9,298,212 Less: Allowance for credit losses (138,809) (134,192) Net loans $ 9,227,187 $ 9,164,020
Schedule of Changes in Allowance for Credit Losses by Class of Financing Receivable	The following tables provide the changes in the allowance for credit losses by class of financing receivable for the three months ended March 31, 2023 and 2022: Commercial Construction 1-to-4 Residential Multi-family Commercial Commercial Consumer Total Three Months Ended March 31, 2023 Beginning balance - December 31, 2022 $ 11,106 $ 39,808 $ 26,141 $ 7,494 $ 6,490 $ 7,783 $ 21,916 $ 13,454 $ 134,192 Provision for credit losses (10) 1,217 1,073 1,540 129 103 (48) 993 4,997 Recoveries of loans previously charged-off 67 — 15 — — 66 — 239 387 Loans charged off (46) — (16) — — — — (705) (767) Ending balance - March 31, 2023 $ 11,117 $ 41,025 $ 27,213 $ 9,034 $ 6,619 $ 7,952 $ 21,868 $ 13,981 $ 138,809 Commercial Construction 1-to-4 Residential Multi-family Commercial Commercial Consumer Total Three Months Ended March 31, 2022 Beginning balance - December 31, 2021 $ 15,751 $ 28,576 $ 19,104 $ 5,903 $ 6,976 $ 12,593 $ 25,768 $ 10,888 $ 125,559 Provision for credit losses (4,006) 3,206 1,908 641 (578) (4,187) (4,478) 1,365 (6,129) Recoveries of loans previously charged-off 958 — 12 1 — 10 — 217 1,198 Loans charged off (4) — — — — — — (575) (579) Ending balance - $ 12,699 $ 31,782 $ 21,024 $ 6,545 $ 6,398 $ 8,416 $ 21,290 $ 11,895 $ 120,049
Schedule of Credit Quality of Loan Portfolio by Year of Origination	The following tables present the credit quality of the Company's commercial type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below. Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period activity of gross charge-offs by year of origination are not included in the below tables. As of and for the three months ended March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Commercial and industrial Pass $ 40,396 $ 383,606 $ 193,605 $ 53,715 $ 83,158 $ 92,586 $ 785,130 $ 1,632,196 Special Mention — 2,625 4 — 159 891 7,040 10,719 Classified 457 2,692 647 1,939 1,476 6,818 14,454 28,483 Total 40,853 388,923 194,256 55,654 84,793 100,295 806,624 1,671,398 Current-period gross — 46 — — — — — 46 Construction Pass 41,824 769,011 430,782 110,280 77,147 56,628 207,940 1,693,612 Special Mention — 2,797 — 6 — 698 — 3,501 Classified — 78 322 — — — — 400 Total 41,824 771,886 431,104 110,286 77,147 57,326 207,940 1,697,513 Current-period gross — — — — — — — — Residential real estate: Multi-family mortgage Pass 10,827 144,897 147,358 95,536 33,362 42,701 13,557 488,238 Special Mention — — — — — — — — Classified — — — — — 1,141 — 1,141 Total 10,827 144,897 147,358 95,536 33,362 43,842 13,557 489,379 Current-period gross — — — — — — — — Commercial real estate: Owner occupied Pass 24,353 227,787 229,910 114,965 158,969 310,138 43,682 1,109,804 Special Mention — 6,295 677 — 165 3,397 5,100 15,634 Classified — — 1,293 — 3,501 6,646 100 11,540 Total 24,353 234,082 231,880 114,965 162,635 320,181 48,882 1,136,978 Current-period gross — — — — — — — — Non-owner occupied Pass 7,627 464,026 460,997 125,499 161,560 652,952 44,748 1,917,409 Special Mention — — 1,032 — — 2,507 — 3,539 Classified — — 1,960 — 143 16,466 — 18,569 Total 7,627 464,026 463,989 125,499 161,703 671,925 44,748 1,939,517 Current-period gross — — — — — — — — Total commercial loan types Pass 125,027 1,989,327 1,462,652 499,995 514,196 1,155,005 1,095,057 6,841,259 Special Mention — 11,717 1,713 6 324 7,493 12,140 33,393 Classified 457 2,770 4,222 1,939 5,120 31,071 14,554 60,133 Total $ 125,484 $ 2,003,814 $ 1,468,587 $ 501,940 $ 519,640 $ 1,193,569 $ 1,121,751 $ 6,934,785 Current-period gross $ — $ 46 $ — $ — $ — $ — $ — $ 46 As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Commercial and industrial Pass $ 396,643 $ 204,000 $ 67,231 $ 90,894 $ 39,780 $ 62,816 $ 762,717 $ 1,624,081 Special Mention 125 7 — 160 143 771 2,520 3,726 Classified 65 823 1,916 1,651 273 6,913 6,335 17,976 Total 396,833 204,830 69,147 92,705 40,196 70,500 771,572 1,645,783 Construction Pass 682,885 495,723 142,233 84,599 17,360 44,326 188,906 1,656,032 Special Mention — — 15 — — 707 — 722 Classified 80 309 — — — 345 — 734 Total 682,965 496,032 142,248 84,599 17,360 45,378 188,906 1,657,488 Residential real estate: Multi-family mortgage Pass 142,912 147,168 96,819 33,547 6,971 37,385 13,604 478,406 Special Mention — — — — — — — — Classified — — — — — 1,166 — 1,166 Total 142,912 147,168 96,819 33,547 6,971 38,551 13,604 479,572 Commercial real estate: Owner occupied Pass 237,862 223,883 110,748 148,405 66,101 246,414 57,220 1,090,633 Special Mention 101 683 — 168 2,225 1,258 5,000 9,435 Classified — 1,293 224 4,589 1,276 7,018 112 14,512 Total 237,963 225,859 110,972 153,162 69,602 254,690 62,332 1,114,580 Non-owner occupied Pass 467,360 440,319 131,497 159,205 210,752 473,607 60,908 1,943,648 Special Mention — — — — 82 2,459 — 2,541 Classified — 2,258 — 146 3,270 12,147 — 17,821 Total 467,360 442,577 131,497 159,351 214,104 488,213 60,908 1,964,010 Total commercial loan types Pass 1,927,662 1,511,093 548,528 516,650 340,964 864,548 1,083,355 6,792,800 Special Mention 226 690 15 328 2,450 5,195 7,520 16,424 Classified 145 4,683 2,140 6,386 4,819 27,589 6,447 52,209 Total $ 1,928,033 $ 1,516,466 $ 550,683 $ 523,364 $ 348,233 $ 897,332 $ 1,097,322 $ 6,861,433 The following tables present the credit quality by classification (performing or nonperforming) of the Company's consumer type loan portfolio as of March 31, 2023 and December 31, 2022 and the gross charge-offs for the three months ended March 31, 2023 by year of origination. Revolving loans are presented separately. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal constitutes a current period origination. Generally, current period renewals of credit are reunderwritten at the point of renewal and considered current period originations for the purposes of the tables below. Effective January 1, 2023, the Company adopted the accounting guidance in ASU 2022-02 which requires the presentation of gross charge-offs by year of origination. The Company prospectively adopted ASU 2022-02; therefore, prior period balances for gross charge-offs by year of origination are not included below. As of and for the three months ended March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Residential real estate: 1-to-4 family mortgage Performing $ 36,402 $ 550,052 $ 439,949 $ 157,470 $ 88,489 $ 269,548 $ — $ 1,541,910 Nonperforming — 1,945 4,671 4,834 1,115 8,028 — 20,593 Total 36,402 551,997 444,620 162,304 89,604 277,576 — 1,562,503 Current-period gross — — — — — 16 — 16 Residential line of credit Performing — — — — — — 496,309 496,309 Nonperforming — — — — — — 1,082 1,082 Total — — — — — — 497,391 497,391 Current-period gross — — — — — — — — Consumer and other Performing 24,159 108,985 53,452 39,098 27,758 105,751 4,198 363,401 Nonperforming — 233 1,536 1,481 966 3,700 — 7,916 Total 24,159 109,218 54,988 40,579 28,724 109,451 4,198 371,317 Current-period gross 171 339 38 81 9 65 2 705 Total consumer type loans Performing 60,561 659,037 493,401 196,568 116,247 375,299 500,507 2,401,620 Nonperforming — 2,178 6,207 6,315 2,081 11,728 1,082 29,591 Total $ 60,561 $ 661,215 $ 499,608 $ 202,883 $ 118,328 $ 387,027 $ 501,589 $ 2,431,211 Current-period gross $ 171 $ 339 $ 38 $ 81 $ 9 $ 81 $ 2 $ 721 As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Residential real estate: 1-to-4 family mortgage Performing $ 568,210 $ 448,401 $ 160,715 $ 93,548 $ 68,113 $ 211,019 $ — $ 1,550,006 Nonperforming 1,227 5,163 5,472 1,778 2,044 7,431 — 23,115 Total 569,437 453,564 166,187 95,326 70,157 218,450 — 1,573,121 Residential line of credit Performing — — — — — — 495,129 495,129 Nonperforming — — — — — — 1,531 1,531 Total — — — — — — 496,660 496,660 Consumer and other Performing 118,637 56,779 41,008 29,139 26,982 82,318 4,175 359,038 Nonperforming 166 1,396 1,460 906 1,507 2,525 — 7,960 Total 118,803 58,175 42,468 30,045 28,489 84,843 4,175 366,998 Total consumer type loans Performing 686,847 505,180 201,723 122,687 95,095 293,337 499,304 2,404,173 Nonperforming 1,393 6,559 6,932 2,684 3,551 9,956 1,531 32,606 Total $ 688,240 $ 511,739 $ 208,655 $ 125,371 $ 98,646 $ 303,293 $ 500,835 $ 2,436,779
Schedule of Analysis of Aging by Class of Financing Receivable	The following tables represent an analysis of the aging by class of financing receivable as of March 31, 2023 and December 31, 2022: March 31, 2023 30-89 days 90 days or Nonaccrual Loans current Total Commercial and industrial $ 574 $ 42 $ 2,413 $ 1,668,369 $ 1,671,398 Construction 2,708 — 382 1,694,423 1,697,513 Residential real estate: 1-to-4 family mortgage 13,348 11,505 9,088 1,528,562 1,562,503 Residential line of credit 678 158 924 495,631 497,391 Multi-family mortgage — — 39 489,340 489,379 Commercial real estate: Owner occupied 851 — 7,211 1,128,916 1,136,978 Non-owner occupied — — 5,802 1,933,715 1,939,517 Consumer and other 6,918 875 7,041 356,483 371,317 Total $ 25,077 $ 12,580 $ 32,900 $ 9,295,439 $ 9,365,996 December 31, 2022 30-89 days 90 days or Nonaccrual Loans current on payments and accruing interest Total Commercial and industrial $ 1,650 $ 136 $ 1,307 $ 1,642,690 $ 1,645,783 Construction 1,246 — 389 1,655,853 1,657,488 Residential real estate: 1-to-4 family mortgage 15,470 16,639 6,476 1,534,536 1,573,121 Residential line of credit 772 131 1,400 494,357 496,660 Multi-family mortgage — — 42 479,530 479,572 Commercial real estate: Owner occupied 1,948 — 5,410 1,107,222 1,114,580 Non-owner occupied 102 — 5,956 1,957,952 1,964,010 Consumer and other 10,108 1,509 6,451 348,930 366,998 Total $ 31,296 $ 18,415 $ 27,431 $ 9,221,070 $ 9,298,212
Schedule of Amortized Cost, Related Allowance and Interest Income of Non-accrual Loans	The following tables provide the amortized cost basis of loans on non-accrual status, as well as any related allowance as of March 31, 2023 and December 31, 2022 by class of financing receivable. March 31, 2023 Nonaccrual Nonaccrual Related Commercial and industrial $ 1,804 $ 609 $ 11 Construction — 382 7 Residential real estate: 1-to-4 family mortgage 1,955 7,133 143 Residential line of credit 842 82 1 Multi-family mortgage — 39 1 Commercial real estate: Owner occupied 7,008 203 12 Non-owner occupied 5,610 192 4 Consumer and other 110 6,931 354 Total $ 17,329 $ 15,571 $ 533 December 31, 2022 Nonaccrual Nonaccrual Related Commercial and industrial $ 790 $ 517 $ 10 Construction — 389 7 Residential real estate: 1-to-4 family mortgage 2,834 3,642 78 Residential line of credit 1,134 266 4 Multi-family mortgage 1 41 1 Commercial real estate: Owner occupied 5,200 210 1 Non-owner occupied 5,755 201 5 Consumer and other — 6,451 327 Total $ 15,714 $ 11,717 $ 433 The following presents interest income recognized on nonaccrual loans for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Commercial and industrial $ 20 $ 54 Construction 6 19 Residential real estate: 1-to-4 family mortgage 79 52 Residential line of credit 24 40 Multi-family mortgage 1 — Commercial real estate: Owner occupied 58 25 Non-owner occupied 82 70 Consumer and other 173 15 Total $ 443 $ 275
Schedule of Financial Effect of TDRs	The following table presents the financial effect of TDRs recorded during the three months ended March 31, 2022: Number of loans Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Charge offs and specific reserves Residential real estate: 1-to-4 family mortgage 1 80 80 — Consumer and other 1 22 22 — Total 2 $ 102 $ 102 $ —
Schedule of Individually Assessed Allowance for Credit Losses for Collateral Dependent Loans	For loans for which the repayment (based on the Company's assessment) is expected to be provided substantially through the operation or sale of collateral and the borrower is experiencing financial difficulty, the following tables present the loans and the corresponding individually assessed allowance for credit losses by class of financing receivable. Significant changes in individually assessed reserves are due to changes in the valuation of the underlying collateral in addition to changes in accrual and past due status. March 31, 2023 Type of Collateral Real Estate Financial Assets and Equipment Total Individually assessed allowance for credit loss Commercial and industrial $ 2,597 $ 800 $ 3,397 $ — Residential real estate: 1-to-4 family mortgage 5,332 — 5,332 169 Residential line of credit 1,109 — 1,109 5 Commercial real estate: Owner occupied 7,651 — 7,651 4 Non-owner occupied 5,610 — 5,610 — Consumer and other 132 — 132 — Total $ 22,431 $ 800 $ 23,231 $ 178 December 31, 2022 Type of Collateral Real Estate Financial Assets and Equipment Total Individually assessed allowance for credit loss Commercial and industrial $ 2,596 $ — $ 2,596 $ — Residential real estate: 1-to-4 family mortgage 4,467 — 4,467 194 Residential line of credit 1,135 — 1,135 — Commercial real estate: Owner occupied 5,424 — 5,424 — Non-owner occupied 5,755 — 5,755 — Consumer and other 134 — 134 — Total $ 19,511 $ — $ 19,511 $ 194

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	3 Months Ended
	Mar. 31, 2023
Real Estate [Abstract]
Schedule of Other Real Estate Owned	The following table summarizes the other real estate owned for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 5,794 $ 9,777 Transfers from loans 235 563 Proceeds from sale of other real estate owned (2,031) (121) Gain (loss) on sale of other real estate owned 87 (104) Write-downs and partial liquidations — (394) Balance at end of period $ 4,085 $ 9,721

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of Information Related to Company's Leases and Lease Expense	Information related to the Company's leases is presented below as of March 31, 2023 and December 31, 2022: March 31, December 31, Classification 2023 2022 Right-of-use assets: Operating leases Operating lease right-of-use assets $ 57,054 $ 60,043 Finance leases Premises and equipment, net 1,339 1,367 Total right-of-use assets $ 58,393 $ 61,410 Lease liabilities: Operating leases Operating lease liabilities $ 67,345 $ 69,754 Finance leases Borrowings 1,397 1,420 Total lease liabilities $ 68,742 $ 71,174 Weighted average remaining lease term (in years) - 11.9 12.1 Weighted average remaining lease term (in years) - 12.1 12.4 Weighted average discount rate - operating 3.21 % 3.08 % Weighted average discount rate - finance 1.76 % 1.76 % The components of total lease expense included in the consolidated statements of income were as follows: Three Months Ended March 31, Classification 2023 2022 Operating lease costs: Amortization of right-of-use asset Occupancy and equipment $ 1,815 $ 1,710 Short-term lease cost Occupancy and equipment 121 111 Variable lease cost Occupancy and equipment 298 256 Gain on lease modifications and terminations Occupancy and equipment (72) (18) Finance lease costs: Interest on lease liabilities Interest expense on borrowings 6 9 Amortization of right-of-use asset Occupancy and equipment 28 37 Sublease income Occupancy and equipment (281) (195) Total lease cost $ 1,915 $ 1,910
Schedule of Maturity Analysis of Operating Lease Liabilities	A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of March 31, 2023 is as follows: Operating Finance Leases Lease Lease payments due: March 31, 2024 $ 6,596 $ 89 March 31, 2025 7,956 120 March 31, 2026 7,885 121 March 31, 2027 7,715 123 March 31, 2028 7,326 125 Thereafter 45,839 977 Total undiscounted future minimum lease payments 83,317 1,555 Less: imputed interest (15,972) (158) Lease liability $ 67,345 $ 1,397
Schedule of Maturity of Finance Lease Liabilities	A maturity analysis of operating and finance lease liabilities and a reconciliation of undiscounted cash flows to the total lease liability as of March 31, 2023 is as follows: Operating Finance Leases Lease Lease payments due: March 31, 2024 $ 6,596 $ 89 March 31, 2025 7,956 120 March 31, 2026 7,885 121 March 31, 2027 7,715 123 March 31, 2028 7,326 125 Thereafter 45,839 977 Total undiscounted future minimum lease payments 83,317 1,555 Less: imputed interest (15,972) (158) Lease liability $ 67,345 $ 1,397

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	3 Months Ended
	Mar. 31, 2023
Transfers and Servicing of Financial Assets [Abstract]
Schedule of Changes in Mortgage Servicing Rights	Changes in the Company’s mortgage servicing rights were as follows for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Carrying value at beginning of period $ 168,365 $ 115,512 Capitalization 1,788 9,812 Change in fair value: Due to pay-offs/pay-downs (2,520) (4,471) Due to change in valuation inputs or assumptions (2,754) 23,822 Carrying value at end of period $ 164,879 $ 144,675
Schedule of Servicing Income and Expense Included in Mortgage Banking Income	The following table summarizes servicing income and expense, which are included in 'Mortgage banking income' and 'Other noninterest expense', respectively, within the Mortgage segment operating results for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Servicing income: Servicing income $ 7,768 $ 7,429 Change in fair value of mortgage servicing rights (5,274) 19,351 Change in fair value of derivative hedging instruments 1,867 (19,098) Servicing income 4,361 7,682 Servicing expenses 1,883 2,548 Net servicing income $ 2,478 $ 5,134
Schedule of Data and Key Economic Assumptions Related to Mortgage Servicing Rights	Data and key economic assumptions related to the Company’s mortgage servicing rights as of March 31, 2023 and December 31, 2022 are as follows: March 31, December 31, 2023 2022 Unpaid principal balance $ 11,028,420 $ 11,086,582 Weighted-average prepayment speed (CPR) 5.96 % 5.55 % Estimated impact on fair value of a 10% increase $ (5,017) $ (4,886) Estimated impact on fair value of a 20% increase $ (9,695) $ (9,447) Discount rate 8.97 % 9.10 % Estimated impact on fair value of a 100 bp increase $ (7,924) $ (8,087) Estimated impact on fair value of a 200 bp increase $ (15,163) $ (15,475) Weighted-average coupon interest rate 3.35 % 3.31 % Weighted-average servicing fee (basis points) 27 27 Weighted-average remaining maturity (in months) 333 332

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Reconciliation of Income Taxes Computed at the United States Federal Statutory Tax Rates to the Provision for Income Taxes	The following table presents a reconciliation of income taxes for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Federal taxes calculated at statutory rate $ 9,676 21.0 % $ 9,355 21.0 % Increase (decrease) resulting from: State taxes, net of federal benefit 251 0.6 % 951 2.1 % Expense (benefit) from equity based compensation 115 0.3 % (291) (0.7) % Municipal interest income, net of interest disallowance (456) (1.0) % (444) (1.0) % Bank-owned life insurance (127) (0.3) % (74) (0.2) % Section 162(m) limitation 127 0.2 % 122 0.3 % Other 111 0.2 % (306) (0.6) % Income tax expense, as reported $ 9,697 21.0 % $ 9,313 20.9 %

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Financial Instruments with Off-Balance Sheet Credit Risk	March 31, December 31, 2023 2022 Commitments to extend credit, excluding interest rate lock commitments $ 3,341,445 $ 3,563,982 Letters of credit 68,422 71,250 Balance at end of period $ 3,409,867 $ 3,635,232
Schedule of Allowance of Credit Losses on Unfunded Commitments	The table below presents activity within the allowance for credit losses on unfunded commitments included in accrued expenses and other liabilities on the Company's consolidated balance sheets for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 22,969 $ 14,380 Provision for credit losses on unfunded commitments (4,506) 1,882 Balance at end of period $ 18,463 $ 16,262
Schedule of Activity in the Repurchase Reserve	The following table summarizes the activity in the repurchase reserve included in accrued expenses and other liabilities on the Company's consolidated balance sheets: Three Months Ended March 31, 2023 2022 Balance at beginning of period $ 1,621 $ 4,802 Provision for loan repurchases or indemnifications (250) (389) Losses on loans repurchased or indemnified (13) (96) Balance at end of period $ 1,358 $ 4,317

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Financial Instruments	The following tables provide details on the Company’s non-designated derivative financial instruments as of the dates presented: March 31, 2023 Notional Amount Asset Liability Interest rate contracts $ 567,594 $ 36,068 $ 36,087 Forward commitments 268,000 — 691 Interest rate-lock commitments 157,213 2,640 — Futures contracts 495,500 103 — Total $ 1,488,307 $ 38,811 $ 36,778 December 31, 2022 Notional Amount Asset Liability Interest rate contracts $ 560,310 $ 45,775 $ 45,762 Forward commitments 207,000 306 — Interest rate-lock commitments 118,313 1,433 — Futures contracts 494,300 — 3,790 Total $ 1,379,923 $ 47,514 $ 49,552 The following presents a summary of the Company's designated cash flow hedges as of the dates presented: March 31, 2023 December 31, 2022 Notional Amount Estimated fair value Balance sheet location Estimated fair value Balance sheet location Interest rate swap agreements- $ 30,000 $ 988 Other assets $ 1,255 Other Assets March 31, 2023 December 31, 2022 Remaining Maturity (In Years) Receive Fixed Rate Pay Floating Rate Notional Amount Estimated fair value Notional Amount Estimated fair value Derivatives included in other liabilities: Interest rate swap 0.92 1.46% SOFR $ 100,000 $ (2,952) $ 100,000 $ (3,830) Interest rate swap 1.39 1.50% SOFR 75,000 (3,274) 75,000 (3,693) Interest rate swap 1.39 1.50% SOFR 125,000 (5,457) 125,000 (6,154) Total 1.23 1.48% $ 300,000 $ (11,683) $ 300,000 $ (13,677)
Schedule of Gains (Losses) Included in the Consolidated Statements of Income Related to Derivative Financial Instruments	Gains (losses) included in the consolidated statements of income related to the Company’s non-designated derivative financial instruments were as follows: Three Months Ended March 31, 2023 2022 Included in mortgage banking income: Interest rate lock commitments $ 1,207 $ (5,446) Forward commitments (295) 37,903 Futures contracts 1,937 (16,535) Option contracts (664) 36 Total $ 2,185 $ 15,958 The following discloses the amount included in other comprehensive income (loss), net of tax, for derivative instruments designated as cash flow hedges for the periods presented: Three Months Ended March 31, 2023 2022 Amount of (loss) gain recognized in other comprehensive income (loss), net of tax (benefit) expense of $(70) and $273 $ (197) $ 774
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following discloses the amount of (expense) income included in interest expense on borrowings and deposits, related to these fair value hedging instruments: Three Months Ended March 31, 2023 2022 Designated fair value hedge: Interest (expense) income on deposits $ (1,508) $ 313 Interest (expense) income on borrowings (760) 162 Total $ (2,268) $ 475
Schedule of Derivative Liabilities at Fair Value	The following amounts were recorded on the balance sheet related to cumulative adjustments of fair value hedges as of the dates presented: Carrying Amount of the Hedged Item Cumulative Decrease in Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item Line item on the balance sheet March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 Borrowings $ 96,146 $ 95,171 (1) $ (2,952) $ (3,830) Money market and savings deposits 196,704 196,520 (2) (8,731) (9,847) (1) The carrying value also includes unamortized subordinated debt issuance costs of $902 and $999 as of March 31, 2023 and December 31, 2022, respectively. (2) The carrying value also includes an unaccreted purchase accounting fair value premium of $5,435 and $6,367 as of March 31, 2023 and December 31, 2022, respectively.
Schedule of Offsetting Assets	The following table presents the Company's gross derivative positions as recognized in the consolidated balance sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement: Gross amounts not offset in the consolidated balance sheets Gross amounts recognized Gross amounts offset in the consolidated balance sheets Net amounts presented in the consolidated balance sheets Financial instruments Financial collateral pledged Net Amount March 31, 2023 Derivative financial assets $ 35,641 $ — $ 35,641 $ 12,771 $ — $ 22,870 Derivative financial liabilities $ 18,528 $ — $ 18,528 $ 12,771 $ 5,757 $ — December 31, 2022 Derivative financial assets $ 44,273 $ — $ 44,273 $ 14,229 $ — $ 30,044 Derivative financial liabilities $ 20,251 $ — $ 20,251 $ 14,229 $ 6,022 $ —
Schedule of Offsetting Liabilities	The following table presents the Company's gross derivative positions as recognized in the consolidated balance sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement: Gross amounts not offset in the consolidated balance sheets Gross amounts recognized Gross amounts offset in the consolidated balance sheets Net amounts presented in the consolidated balance sheets Financial instruments Financial collateral pledged Net Amount March 31, 2023 Derivative financial assets $ 35,641 $ — $ 35,641 $ 12,771 $ — $ 22,870 Derivative financial liabilities $ 18,528 $ — $ 18,528 $ 12,771 $ 5,757 $ — December 31, 2022 Derivative financial assets $ 44,273 $ — $ 44,273 $ 14,229 $ — $ 30,044 Derivative financial liabilities $ 20,251 $ — $ 20,251 $ 14,229 $ 6,022 $ —

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments	The following table contains the estimated fair values and the related carrying values of the Company's financial instruments. Items which are not financial instruments are not included. Fair Value March 31, 2023 Carrying amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 1,319,951 $ 1,319,951 $ — $ — $ 1,319,951 Investment securities 1,474,064 — 1,474,064 — 1,474,064 Net loans held for investment 9,227,187 — — 9,090,899 9,090,899 Loans held for sale, at fair value 61,987 — 52,477 9,510 61,987 Interest receivable 44,737 1,027 6,705 37,005 44,737 Mortgage servicing rights 164,879 — — 164,879 164,879 Derivatives 39,799 — 39,799 — 39,799 Financial liabilities: Deposits: Without stated maturities $ 9,686,045 $ 9,686,045 $ — $ — $ 9,686,045 With stated maturities 1,496,870 — 1,485,091 — 1,485,091 Securities sold under agreements to repurchase and federal funds purchased 38,130 38,130 — — 38,130 Federal Home Loan Bank advances 125,000 — 125,000 — 125,000 Subordinated debt, net 127,076 — — 120,584 120,584 Interest payable 11,834 3,731 7,704 399 11,834 Derivatives 48,461 — 48,461 — 48,461 Fair Value December 31, 2022 Carrying amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 1,027,052 $ 1,027,052 $ — $ — $ 1,027,052 Investment securities 1,474,176 — 1,474,176 — 1,474,176 Net loans held for investment 9,164,020 — — 9,048,943 9,048,943 Loans held for sale, at fair value 113,240 — 82,750 30,490 113,240 Interest receivable 45,684 126 6,961 38,597 45,684 Mortgage servicing rights 168,365 — — 168,365 168,365 Derivatives 48,769 — 48,769 — 48,769 Financial liabilities: Deposits: Without stated maturities $ 9,433,860 $ 9,433,860 $ — $ — $ 9,433,860 With stated maturities 1,421,974 — 1,422,544 — 1,422,544 Securities sold under agreements to repurchase and federal funds purchased 86,945 86,945 — — 86,945 Federal Home Loan Bank advances 175,000 — 175,000 — 175,000 Subordinated debt, net 126,101 — — 118,817 118,817 Interest payable 8,648 2,571 4,559 1,518 8,648 Derivatives 63,229 — 63,229 — 63,229
Schedule of Balances and Levels of Assets Measured at Fair Value on Recurring Basis	The balances and levels of the assets measured at fair value on a recurring basis at March 31, 2023 are presented in the following table: At March 31, 2023 Quoted prices Significant Significant unobservable Total Recurring valuations: Financial assets: Available-for-sale securities: U.S. government agency securities $ — $ 40,928 $ — $ 40,928 Mortgage-backed securities - residential — 1,025,388 — 1,025,388 Mortgage-backed securities - commercial — 17,723 — 17,723 Municipal securities — 270,994 — 270,994 U.S. Treasury securities — 108,823 — 108,823 Corporate securities — 7,149 — 7,149 Equity securities, at fair value — 3,059 — 3,059 Total securities $ — $ 1,474,064 $ — $ 1,474,064 Loans held for sale, at fair value $ — $ 52,477 $ 9,510 $ 61,987 Mortgage servicing rights — — 164,879 164,879 Derivatives — 39,799 — 39,799 Financial Liabilities: Derivatives — 48,461 — 48,461 The balances and levels of the assets measured at fair value on a recurring basis at December 31, 2022 are presented in the following table: At December 31, 2022 Quoted prices Significant Significant unobservable Total Recurring valuations: Financial assets: Available-for-sale securities: U.S. government agency securities $ — $ 40,062 $ — $ 40,062 Mortgage-backed securities - residential — 1,034,193 — 1,034,193 Mortgage-backed securities - commercial — 17,644 — 17,644 Municipal securities — 264,420 — 264,420 U.S. Treasury securities — 107,680 — 107,680 Corporate securities — 7,187 — 7,187 Equity securities, at fair value — 2,990 — 2,990 Total securities $ — $ 1,474,176 $ — $ 1,474,176 Loans held for sale, at fair value $ — $ 82,750 $ 30,490 $ 113,240 Mortgage servicing rights — — 168,365 168,365 Derivatives — 48,769 — 48,769 Financial Liabilities: Derivatives — 63,229 — 63,229
Schedule of Balances and Levels of Assets Measured at Fair Value on Non-recurring Basis	The balances and levels of the assets measured at fair value on a non-recurring basis at March 31, 2023 are presented in the following table: At March 31, 2023 Quoted prices Significant Significant unobservable Total Non-recurring valuations: Financial assets: Other real estate owned $ — $ — $ 224 $ 224 Collateral dependent net loans held for Residential real estate: 1-4 family mortgage $ — $ — $ 389 $ 389 Total collateral dependent loans $ — $ — $ 389 $ 389 The balances and levels of the assets measured at fair value on a non-recurring basis at December 31, 2022 are presented in the following table: At December 31, 2022 Quoted prices Significant Significant unobservable Total Non-recurring valuations: Financial assets: Other real estate owned $ — $ — $ 2,497 $ 2,497 Residential real estate: 1-4 family mortgage $ — $ — $ 366 $ 366 Commercial real estate: Non-owner occupied — — 2,494 2,494 Total collateral dependent loans $ — $ — $ 2,860 $ 2,860
Schedule of Information About Significant Unobservable Inputs (Level 3) Used in Valuation of Assets Measured at Fair Value on Nonrecurring Basis	The following tables present information as of March 31, 2023 and December 31, 2022 about significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis: As of March 31, 2023 Financial instrument Fair Value Valuation technique Significant Range of Collateral dependent net loans $ 389 Valuation of collateral Discount for comparable sales 10%-35% Other real estate owned $ 224 Appraised value of property less costs to sell Discount for costs to sell 0%-15% As of December 31, 2022 Financial instrument Fair Value Valuation technique Significant Range of Collateral dependent loans $ 2,860 Valuation of collateral Discount for comparable sales 10%-35% Other real estate owned $ 2,497 Appraised value of property less costs to sell Discount for costs to sell 0%-15%
Schedule of Loans Held For Sale at Fair Value	The following table summarizes the Company's loans held for sale as of the dates presented: March 31, December 31, 2023 2022 Loans held for sale under a fair value option: Commercial loans held for sale $ 9,510 $ 30,490 Mortgage loans held for sale 52,477 82,750 Total loans held for sale, at fair value 61,987 113,240 Loans held for sale not accounted for under a fair value option: Mortgage loans held for sale - guaranteed GNMA repurchase option 20,528 26,211 Total loans held for sale $ 82,515 $ 139,451
Schedule of Changes in Associated with Commercial Loans Held For Sale	The following tables set forth the changes in fair value associated with this portfolio for the three months ended March 31, 2023 and 2022. Three Months Ended March 31, 2023 Principal Balance Fair Value Discount Fair Value Carrying value at beginning of period $ 34,357 $ (3,867) $ 30,490 Change in fair value: Pay-downs and pay-offs (21,890) — (21,890) Changes in valuation included in other noninterest income — 910 910 Carrying value at end of period $ 12,467 $ (2,957) $ 9,510 Three Months Ended March 31, 2022 Principal balance Fair Value discount Fair Value Carrying value at beginning of period $ 86,762 $ (7,463) $ 79,299 Change in fair value: Pay-downs and pay-offs (946) — (946) Changes in valuation included in other noninterest income — (174) (174) Carrying value at end of period $ 85,816 $ (7,637) $ 78,179
Schedule of Differences between Fair Value and Principal Balance for Loans Held for Sale Measured at Fair Value	The following table summarizes the differences between the fair value and the principal balance for loans held for sale and nonaccrual loans measured at fair value as of March 31, 2023 and December 31, 2022: March 31, 2023 Aggregate Aggregate Unpaid Principal Balance Difference Mortgage loans held for sale measured at fair value $ 52,477 $ 51,298 $ 1,179 Commercial loans held for sale measured at fair value 232 236 (4) Nonaccrual commercial loans held for sale 9,278 12,231 (2,953) December 31, 2022 Aggregate Aggregate Unpaid Principal Balance Difference Mortgage loans held for sale measured at fair value $ 82,750 $ 81,520 $ 1,230 Commercial loans held for sale measured at fair value 21,201 22,126 (925) Nonaccrual commercial loans held for sale 9,289 12,231 (2,942)

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Direct-to-Consumer Channel Volume	nterest rate lock commitment volume and sales volume included in the Mortgage segment are as follows for the periods indicated: Three Months Ended March 31, 2023 2022 Interest rate lock commitment volume by delivery channel: Direct-to-consumer $ — $ 568,092 Retail 375,042 741,015 Total $ 375,042 $ 1,309,107 Mortgage loan sales $ 332,307 $ 1,284,482
Schedule of Segment Financial Information	he following tables provide segment financial information for the periods indicated: Three Months Ended March 31, 2023 Banking (3) Mortgage Consolidated Net interest income $ 103,660 $ — $ 103,660 Provisions for credit losses (1) 491 — 491 Mortgage banking income (2) — 15,493 15,493 Change in fair value of mortgage servicing rights, net of hedging (2) — (3,407) (3,407) Other noninterest income 11,493 (230) 11,263 Depreciation and amortization 2,049 179 2,228 Amortization of intangibles 990 — 990 Other noninterest expense 65,311 11,911 77,222 Income (loss) before income taxes $ 46,312 $ (234) $ 46,078 Income tax expense 9,697 Net income applicable to FB Financial Corporation and noncontrolling interest 36,381 Net income applicable to noncontrolling interest (3) — Net income applicable to FB Financial Corporation $ 36,381 Total assets $ 12,530,039 $ 571,108 $ 13,101,147 Goodwill 242,561 — 242,561 (1) Includes $4,997 in provision for credit losses on loans and $(4,506) in provision for credit losses on unfunded commitments. (2) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income. (3) Banking segment includes noncontrolling interest. Three Months Ended March 31, 2022 Banking (3) Mortgage Consolidated Net interest income $ 88,184 $ (2) $ 88,182 Provisions for credit losses (1) (4,247) — (4,247) Mortgage banking income (2) — 29,278 29,278 Change in fair value of mortgage servicing rights, net of hedging (2) — 253 253 Other noninterest income 11,983 (122) 11,861 Depreciation and amortization 1,710 326 2,036 Amortization of intangibles 1,244 — 1,244 Other noninterest expense 56,630 29,362 85,992 Income (loss) before income taxes $ 44,830 $ (281) $ 44,549 Income tax expense 9,313 Net income applicable to FB Financial Corporation and noncontrolling interest 35,236 Net income applicable to noncontrolling interest (3) — Net income applicable to FB Financial Corporation $ 35,236 Total assets $ 11,890,847 $ 783,344 $ 12,674,191 Goodwill 242,561 — 242,561 (1) Includes $(6,129) in provision for credit losses on loans and $1,882 in provision for credit losses on unfunded commitments. (2) Change in fair value of mortgage servicing rights, net of hedging is included in mortgage banking income in the Company's consolidated statements of income. (3) Banking segment includes noncontrolling interest.

Minimum Capital Requirements (T

Minimum Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Actual and Required Capital Amounts and Ratios	Actual and required capital amounts and ratios are included below as of the dates indicated. As of March 31, 2023 Actual Minimum Capital To be well capitalized Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets) FB Financial Corporation $ 1,557,049 13.6 % $ 1,205,137 10.5 % N/A N/A FirstBank 1,524,500 13.3 % 1,204,213 10.5 % $ 1,146,869 10.0 % Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,331,158 11.6 % $ 975,587 8.5 % N/A N/A FirstBank 1,298,609 11.3 % 974,839 8.5 % $ 917,495 8.0 % Tier 1 Capital (to average assets) FB Financial Corporation $ 1,331,158 10.4 % $ 512,344 4.0 % N/A N/A FirstBank 1,298,609 10.2 % 511,666 4.0 % $ 639,583 5.0 % Common Equity Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,301,158 11.3 % $ 803,424 7.0 % N/A N/A FirstBank 1,298,609 11.3 % 802,808 7.0 % $ 745,465 6.5 % As of December 31, 2022 Actual Minimum Capital To be well capitalized Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets) FB Financial Corporation $ 1,528,344 13.1 % $ 1,225,161 10.5 % N/A N/A FirstBank 1,506,543 12.9 % 1,222,922 10.5 % $ 1,164,688 10.0 % Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,315,386 11.3 % $ 991,797 8.5 % N/A N/A FirstBank 1,293,585 11.1 % 989,985 8.5 % $ 931,750 8.0 % Tier 1 Capital (to average assets) FB Financial Corporation $ 1,315,386 10.5 % $ 499,648 4.0 % N/A N/A FirstBank 1,293,585 10.4 % 499,194 4.0 % $ 623,992 5.0 % Common Equity Tier 1 Capital (to risk-weighted assets) FB Financial Corporation $ 1,285,386 11.0 % $ 816,774 7.0 % N/A N/A FirstBank 1,293,585 11.1 % 815,281 7.0 % $ 757,047 6.5 %

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Changes in Restricted Stock Units	The following table summarizes changes in restricted stock units for the three months ended March 31, 2023. Restricted Stock Weighted Balance at beginning of period (unvested) 365,155 $ 39.02 Granted 144,578 37.17 Vested (134,601) 34.11 Forfeited (1,428) 43.62 Balance at end of period (unvested) 373,704 $ 39.05
Schedule of Changes in Performance Stock Units	The following table summarizes information about the changes in PSUs as of and for the three months ended March 31, 2023. Performance Stock Weighted Balance at beginning of period (unvested) 161,667 $ 41.73 Granted 86,010 37.17 Performance adjustment (1) 44,319 37.17 Vested (90,583) 36.21 Forfeited or expired (1,153) 44.25 Balance at end of period (unvested) 200,260 $ 40.98 (1) PSUs are presented as outstanding, granted and forfeited in the table above assuming targets are met and the awards pay out at 100%. PSU awards are settled with payouts ranging from 0% and 200% of the target award value based on the Company's performance relative to a predefined peer group over a fixed three performance attainment above or below target.
Share-Based Payment Arrangement, Performance Shares, Activity	The following table summarizes data related to the Company's outstanding PSUs as of March 31, 2023: Grant Year Grant Price Vest Year PSUs Outstanding 2021 (1) $ 43.20 2024 54,922 2022 (2) $ 44.44 2025 59,328 2023 (2) $ 37.17 2026 86,010 (1) Vesting factor will be either at 0%, 25%, 100%, or 200% of PSUs outstanding based on the Company's performance relative to a predefined peer group over a fixed three (2) Vesting factor will be interpolated between 0% and 200% of PSUs outstanding based on the Company's performance relative to a predefined peer group over a fixed three

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Schedule of Loans Analysis to Executive Officers, Certain Management, Bank Directors and Related Interests	An analysis of loans to executive officers, certain management, and directors of the Bank and their related interests is presented below: Loans outstanding at January 1, 2023 $ 82,559 New loans and advances 23,098 Repayments (2,365) Loans outstanding at March 31, 2023 $ 103,292

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Details) $ in Thousands	Mar. 31, 2023 branch	Dec. 31, 2022 USD ($)
Accounting Policies [Abstract]
Number of full-service branches | branch	82
Recorded investment in TDRs | $		$ 13,854

Basis of Presentation - Basic a

Basis of Presentation - Basic and Diluted Earnings Per Common Share Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Basic earnings per common share:
Net income applicable to FB Financial Corporation	$ 36,381	$ 35,236
Dividends paid on and undistributed earnings allocated to participating securities	0	0
Earnings available to common shareholders	$ 36,381	$ 35,236
Weighted average basic shares outstanding (in shares)	46,679,618	47,530,520
Basic earnings (loss) per common share (in dollars per share)	$ 0.78	$ 0.74
Diluted earnings per common share:
Earnings available to common shareholders	$ 36,381	$ 35,236
Weighted average basic shares outstanding (in shares)	46,679,618	47,530,520
Weighted average diluted shares contingently issuable (in shares)	85,536	193,382
Weighted average diluted shares outstanding (in shares)	46,765,154	47,723,902
Diluted (loss) earnings per common share (in dollars per share)	$ 0.78	$ 0.74
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted stock units outstanding considered to be antidilutive (in shares)	159,946	123,709

Investment Securities - Summary

Investment Securities - Summary of Amortized Cost and Fair Value of Securities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Abstract]
Amortized cost	$ 1,678,270,000	$ 1,705,574,000
Gross unrealized gains	967,000	458,000
Gross unrealized losses	(208,232,000)	(234,846,000)
Allowance for credit losses for investments	0	0
Fair Value	1,471,005,000	1,471,186,000
U.S. government agency securities
Debt Securities, Available-for-sale [Abstract]
Amortized cost	45,176,000	45,167,000
Gross unrealized gains	0	0
Gross unrealized losses	(4,248,000)	(5,105,000)
Allowance for credit losses for investments	0	0
Fair Value	40,928,000	40,062,000
Mortgage-backed securities - residential
Debt Securities, Available-for-sale [Abstract]
Amortized cost	1,197,702,000	1,224,522,000
Gross unrealized gains	0	0
Gross unrealized losses	(172,314,000)	(190,329,000)
Allowance for credit losses for investments	0	0
Fair Value	1,025,388,000	1,034,193,000
Mortgage-backed securities - commercial
Debt Securities, Available-for-sale [Abstract]
Amortized cost	18,979,000	19,209,000
Gross unrealized gains	0	0
Gross unrealized losses	(1,256,000)	(1,565,000)
Allowance for credit losses for investments	0	0
Fair Value	17,723,000	17,644,000
Municipal securities
Debt Securities, Available-for-sale [Abstract]
Amortized cost	295,010,000	295,375,000
Gross unrealized gains	967,000	458,000
Gross unrealized losses	(24,983,000)	(31,413,000)
Allowance for credit losses for investments	0	0
Fair Value	270,994,000	264,420,000
U.S. Treasury securities
Debt Securities, Available-for-sale [Abstract]
Amortized cost	113,403,000	113,301,000
Gross unrealized gains	0	0
Gross unrealized losses	(4,580,000)	(5,621,000)
Allowance for credit losses for investments	0	0
Fair Value	108,823,000	107,680,000
Corporate securities
Debt Securities, Available-for-sale [Abstract]
Amortized cost	8,000,000	8,000,000
Gross unrealized gains	0	0
Gross unrealized losses	(851,000)	(813,000)
Allowance for credit losses for investments	0	0
Fair Value	$ 7,149,000	$ 7,187,000

Investment Securities - Narrati

Investment Securities - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) security	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($) security	Dec. 31, 2021 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Accrued interest receivable	$ 44,737,000		$ 45,684,000
Trade date payable - securities	245,000	$ 0	0
Allowance for credit losses for investments	$ 0		$ 0
Number of securities in securities portfolio | security	506		503
Number of securities in securities portfolio, unrealized loss position | security	409		454
Unrealized loss position	$ 1,404,929,000		$ 1,440,001,000
Marketable securities at fair value	3,059,000		2,990,000
Equity securities without readily determinable market value	22,483,000		22,496,000
Federal Home Loan Bank stock, at cost	43,369,000		58,641,000
Net (loss) gain on change in fair value and sale of equity securities	69,000	(154,000)
Collateral Pledged
Debt and Equity Securities, FV-NI [Line Items]
Securities pledged	1,184,836,000		1,191,021,000
Debt Securities
Debt and Equity Securities, FV-NI [Line Items]
Accrued interest receivable	5,399,000		5,470,000
Increase (decrease) in debt securities, available for sale	27,123,000	(105,660,000)
Unrealized loss position	$ 207,265,000	$ 100,933,000	$ 234,388,000
Unrealized gain position				$ 4,727,000

Investment Securities - Schedul

Investment Securities - Schedule of Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Amortized cost
Due in one year or less	$ 34,965	$ 4,277
Due in one to five years	138,189	161,556
Due in five to ten years	58,876	61,290
Due in over ten years	229,559	234,720
Amortized cost, sub-total	461,589	461,843
Total debt securities	1,678,270	1,705,574
Fair value
Due in one year or less	34,270	4,225
Due in one to five years	130,585	152,181
Due in five to ten years	56,982	57,859
Due in over ten years	206,057	205,084
Fair value, sub-total	427,894	419,349
Total debt securities	1,471,005	1,471,186
Mortgage-backed securities - residential
Amortized cost
Mortgage-backed securities	1,197,702	1,224,522
Total debt securities	1,197,702	1,224,522
Fair value
Mortgage-backed securities	1,025,388	1,034,193
Total debt securities	1,025,388	1,034,193
Mortgage-backed securities - commercial
Amortized cost
Mortgage-backed securities	18,979	19,209
Total debt securities	18,979	19,209
Fair value
Mortgage-backed securities	17,723	17,644
Total debt securities	$ 17,723	$ 17,644

Investment Securities - Summa_2

Investment Securities - Summary of Sales and Other Dispositions of Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales	$ 0	$ 0
Proceeds from maturities, prepayments and calls	26,827	57,443
Gross realized gains	0	2
Gross realized losses	$ 0	$ 0

Investment Securities - Sched_2

Investment Securities - Schedule of Gross Unrealized Losses on Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	$ 221,234	$ 646,226
Unrealized Loss, Less than 12 months	(8,462)	(67,665)
Fair Value, 12 months or more	1,183,695	793,775
Unrealized Loss, 12 months or more	(199,770)	(167,181)
Fair Value, Total	1,404,929	1,440,001
Unrealized Loss, Total	(208,232)	(234,846)
U.S. government agency securities
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	4,014	23,791
Unrealized Loss, Less than 12 months	(94)	(2,802)
Fair Value, 12 months or more	36,913	16,271
Unrealized Loss, 12 months or more	(4,154)	(2,303)
Fair Value, Total	40,927	40,062
Unrealized Loss, Total	(4,248)	(5,105)
Mortgage-backed securities - residential
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	101,194	316,656
Unrealized Loss, Less than 12 months	(4,425)	(32,470)
Fair Value, 12 months or more	924,189	717,533
Unrealized Loss, 12 months or more	(167,889)	(157,859)
Fair Value, Total	1,025,383	1,034,189
Unrealized Loss, Total	(172,314)	(190,329)
Mortgage-backed securities - commercial
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	11,311	11,104
Unrealized Loss, Less than 12 months	(740)	(968)
Fair Value, 12 months or more	6,415	6,541
Unrealized Loss, 12 months or more	(516)	(597)
Fair Value, Total	17,726	17,645
Unrealized Loss, Total	(1,256)	(1,565)
Municipal securities
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	43,100	196,419
Unrealized Loss, Less than 12 months	(1,872)	(26,811)
Fair Value, 12 months or more	161,743	36,726
Unrealized Loss, 12 months or more	(23,111)	(4,602)
Fair Value, Total	204,843	233,145
Unrealized Loss, Total	(24,983)	(31,413)
U.S. Treasury securities
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	60,669	94,248
Unrealized Loss, Less than 12 months	(1,276)	(4,122)
Fair Value, 12 months or more	48,154	13,434
Unrealized Loss, 12 months or more	(3,304)	(1,499)
Fair Value, Total	108,823	107,682
Unrealized Loss, Total	(4,580)	(5,621)
Corporate securities
Debt Securities, Available-for-sale [Abstract]
Fair Value, Less than 12 months	946	4,008
Unrealized Loss, Less than 12 months	(55)	(492)
Fair Value, 12 months or more	6,281	3,270
Unrealized Loss, 12 months or more	(796)	(321)
Fair Value, Total	7,227	7,278
Unrealized Loss, Total	$ (851)	$ (813)

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Loans Outstanding by Class of Financing Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Gross loans	$ 9,365,996	$ 9,298,212
Less: Allowance for credit losses	(138,809)	(134,192)	$ (120,049)	$ (125,559)
Net loans held for investment	9,227,187	9,164,020
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Gross loans	1,671,398	1,645,783
Less: Allowance for credit losses	(11,117)	(11,106)	(12,699)	(15,751)
Construction
Financing Receivable, Past Due [Line Items]
Gross loans	1,697,513	1,657,488
Less: Allowance for credit losses	(41,025)	(39,808)	(31,782)	(28,576)
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Past Due [Line Items]
Gross loans	1,562,503	1,573,121
Less: Allowance for credit losses	(27,213)	(26,141)	(21,024)	(19,104)
Residential real estate: | Residential line of credit
Financing Receivable, Past Due [Line Items]
Gross loans	497,391	496,660
Less: Allowance for credit losses	(9,034)	(7,494)	(6,545)	(5,903)
Residential real estate: | Multi-family mortgage
Financing Receivable, Past Due [Line Items]
Gross loans	489,379	479,572
Less: Allowance for credit losses	(6,619)	(6,490)	(6,398)	(6,976)
Commercial real estate: | Owner-occupied
Financing Receivable, Past Due [Line Items]
Gross loans	1,136,978	1,114,580
Less: Allowance for credit losses	(7,952)	(7,783)	(8,416)	(12,593)
Commercial real estate: | Non-owner occupied
Financing Receivable, Past Due [Line Items]
Gross loans	1,939,517	1,964,010
Less: Allowance for credit losses	(21,868)	(21,916)	(21,290)	(25,768)
Consumer and other
Financing Receivable, Past Due [Line Items]
Gross loans	371,317	366,998
Less: Allowance for credit losses	$ (13,981)	$ (13,454)	$ (11,895)	$ (10,888)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) loanPortfolioPool	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Financing Receivable, Past Due [Line Items]
Accrued interest receivable on loans	$ 37,005		$ 38,507
Number of loan portfolio pools | loanPortfolioPool	3
Accrued interest receivable written off as an adjustment to interest income on non-accrual loans	$ 181	$ 184
Recorded investment in TDRs			13,854
TDRs classified as non-accruals			7,321
Allocation to specific reserves			253
Payment default for loans modified as troubled debt restructurings		$ 304
Federal Reserve Bank
Financing Receivable, Past Due [Line Items]
Deposit liabilities, collateral issued, financial instruments	3,164,317		3,118,172
FHLB Cincinnati | Residential Mortgage Loans
Financing Receivable, Past Due [Line Items]
Collateral securing line of credit	849,349		909,734
FHLB Cincinnati | Commercial Loan
Financing Receivable, Past Due [Line Items]
Collateral securing line of credit	$ 1,709,763		$ 1,763,730

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Changes in Allowance for Credit Losses by Class of Financing Receivable (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	$ 134,192	$ 125,559
Provision for credit losses	4,997	(6,129)
Recoveries of loans previously charged-off	387	1,198
Loans charged off	(767)	(579)
Balance at end of period	138,809	120,049
Commercial and industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	11,106	15,751
Provision for credit losses	(10)	(4,006)
Recoveries of loans previously charged-off	67	958
Loans charged off	(46)	(4)
Balance at end of period	11,117	12,699
Construction
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	39,808	28,576
Provision for credit losses	1,217	3,206
Recoveries of loans previously charged-off	0	0
Loans charged off	0	0
Balance at end of period	41,025	31,782
Residential real estate: | 1-to-4 family mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	26,141	19,104
Provision for credit losses	1,073	1,908
Recoveries of loans previously charged-off	15	12
Loans charged off	(16)	0
Balance at end of period	27,213	21,024
Residential real estate: | Residential line of credit
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	7,494	5,903
Provision for credit losses	1,540	641
Recoveries of loans previously charged-off	0	1
Loans charged off	0	0
Balance at end of period	9,034	6,545
Residential real estate: | Multi-family mortgage
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	6,490	6,976
Provision for credit losses	129	(578)
Recoveries of loans previously charged-off	0	0
Loans charged off	0	0
Balance at end of period	6,619	6,398
Commercial real estate: | Owner-occupied
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	7,783	12,593
Provision for credit losses	103	(4,187)
Recoveries of loans previously charged-off	66	10
Loans charged off	0	0
Balance at end of period	7,952	8,416
Commercial real estate: | Non-owner occupied
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	21,916	25,768
Provision for credit losses	(48)	(4,478)
Recoveries of loans previously charged-off	0	0
Loans charged off	0	0
Balance at end of period	21,868	21,290
Consumer and other
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	13,454	10,888
Provision for credit losses	993	1,365
Recoveries of loans previously charged-off	239	217
Loans charged off	(705)	(575)
Balance at end of period	$ 13,981	$ 11,895

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Credit Quality of Loan Portfolio by Year of Origination (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 9,365,996	$ 9,298,212
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	40,853	396,833
2022-2021	388,923	204,830
2021-2020	194,256	69,147
2020-2019	55,654	92,705
2019-2018	84,793	40,196
Prior	100,295	70,500
Revolving Loans Amortized Cost Basis	806,624	771,572
Total	1,671,398	1,645,783
Year one	0
Year two	46
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	46
Commercial and industrial | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	40,396	396,643
2022-2021	383,606	204,000
2021-2020	193,605	67,231
2020-2019	53,715	90,894
2019-2018	83,158	39,780
Prior	92,586	62,816
Revolving Loans Amortized Cost Basis	785,130	762,717
Total	1,632,196	1,624,081
Commercial and industrial | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	125
2022-2021	2,625	7
2021-2020	4	0
2020-2019	0	160
2019-2018	159	143
Prior	891	771
Revolving Loans Amortized Cost Basis	7,040	2,520
Total	10,719	3,726
Commercial and industrial | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	457	65
2022-2021	2,692	823
2021-2020	647	1,916
2020-2019	1,939	1,651
2019-2018	1,476	273
Prior	6,818	6,913
Revolving Loans Amortized Cost Basis	14,454	6,335
Total	28,483	17,976
Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	41,824	682,965
2022-2021	771,886	496,032
2021-2020	431,104	142,248
2020-2019	110,286	84,599
2019-2018	77,147	17,360
Prior	57,326	45,378
Revolving Loans Amortized Cost Basis	207,940	188,906
Total	1,697,513	1,657,488
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0
Construction | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	41,824	682,885
2022-2021	769,011	495,723
2021-2020	430,782	142,233
2020-2019	110,280	84,599
2019-2018	77,147	17,360
Prior	56,628	44,326
Revolving Loans Amortized Cost Basis	207,940	188,906
Total	1,693,612	1,656,032
Construction | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	2,797	0
2021-2020	0	15
2020-2019	6	0
2019-2018	0	0
Prior	698	707
Revolving Loans Amortized Cost Basis	0	0
Total	3,501	722
Construction | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	80
2022-2021	78	309
2021-2020	322	0
2020-2019	0	0
2019-2018	0	0
Prior	0	345
Revolving Loans Amortized Cost Basis	0	0
Total	400	734
Residential real estate: | Multi-family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	10,827	142,912
2022-2021	144,897	147,168
2021-2020	147,358	96,819
2020-2019	95,536	33,547
2019-2018	33,362	6,971
Prior	43,842	38,551
Revolving Loans Amortized Cost Basis	13,557	13,604
Total	489,379	479,572
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0
Residential real estate: | Multi-family mortgage | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	10,827	142,912
2022-2021	144,897	147,168
2021-2020	147,358	96,819
2020-2019	95,536	33,547
2019-2018	33,362	6,971
Prior	42,701	37,385
Revolving Loans Amortized Cost Basis	13,557	13,604
Total	488,238	478,406
Residential real estate: | Multi-family mortgage | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	0	0
2020-2019	0	0
2019-2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Total	0	0
Residential real estate: | Multi-family mortgage | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	0	0
2020-2019	0	0
2019-2018	0	0
Prior	1,141	1,166
Revolving Loans Amortized Cost Basis	0	0
Total	1,141	1,166
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	36,402	569,437
2022-2021	551,997	453,564
2021-2020	444,620	166,187
2020-2019	162,304	95,326
2019-2018	89,604	70,157
Prior	277,576	218,450
Revolving Loans Amortized Cost Basis	0	0
Total	1,562,503	1,573,121
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	16
Revolving Loans Amortized Cost Basis	0
Total	16
Residential real estate: | 1-to-4 family mortgage | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	36,402	568,210
2022-2021	550,052	448,401
2021-2020	439,949	160,715
2020-2019	157,470	93,548
2019-2018	88,489	68,113
Prior	269,548	211,019
Revolving Loans Amortized Cost Basis	0	0
Total	1,541,910	1,550,006
Residential real estate: | 1-to-4 family mortgage | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	1,227
2022-2021	1,945	5,163
2021-2020	4,671	5,472
2020-2019	4,834	1,778
2019-2018	1,115	2,044
Prior	8,028	7,431
Revolving Loans Amortized Cost Basis	0	0
Total	20,593	23,115
Residential real estate: | Residential line of credit
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	0	0
2020-2019	0	0
2019-2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	497,391	496,660
Total	497,391	496,660
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0
Residential real estate: | Residential line of credit | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	0	0
2020-2019	0	0
2019-2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	496,309	495,129
Total	496,309	495,129
Residential real estate: | Residential line of credit | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	0	0
2020-2019	0	0
2019-2018	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	1,082	1,531
Total	1,082	1,531
Commercial real estate: | Owner-occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	24,353	237,963
2022-2021	234,082	225,859
2021-2020	231,880	110,972
2020-2019	114,965	153,162
2019-2018	162,635	69,602
Prior	320,181	254,690
Revolving Loans Amortized Cost Basis	48,882	62,332
Total	1,136,978	1,114,580
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0
Commercial real estate: | Owner-occupied | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	24,353	237,862
2022-2021	227,787	223,883
2021-2020	229,910	110,748
2020-2019	114,965	148,405
2019-2018	158,969	66,101
Prior	310,138	246,414
Revolving Loans Amortized Cost Basis	43,682	57,220
Total	1,109,804	1,090,633
Commercial real estate: | Owner-occupied | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	101
2022-2021	6,295	683
2021-2020	677	0
2020-2019	0	168
2019-2018	165	2,225
Prior	3,397	1,258
Revolving Loans Amortized Cost Basis	5,100	5,000
Total	15,634	9,435
Commercial real estate: | Owner-occupied | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	1,293
2021-2020	1,293	224
2020-2019	0	4,589
2019-2018	3,501	1,276
Prior	6,646	7,018
Revolving Loans Amortized Cost Basis	100	112
Total	11,540	14,512
Commercial real estate: | Non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	7,627	467,360
2022-2021	464,026	442,577
2021-2020	463,989	131,497
2020-2019	125,499	159,351
2019-2018	161,703	214,104
Prior	671,925	488,213
Revolving Loans Amortized Cost Basis	44,748	60,908
Total	1,939,517	1,964,010
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0
Commercial real estate: | Non-owner occupied | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	7,627	467,360
2022-2021	464,026	440,319
2021-2020	460,997	131,497
2020-2019	125,499	159,205
2019-2018	161,560	210,752
Prior	652,952	473,607
Revolving Loans Amortized Cost Basis	44,748	60,908
Total	1,917,409	1,943,648
Commercial real estate: | Non-owner occupied | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	0
2021-2020	1,032	0
2020-2019	0	0
2019-2018	0	82
Prior	2,507	2,459
Revolving Loans Amortized Cost Basis	0	0
Total	3,539	2,541
Commercial real estate: | Non-owner occupied | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	0
2022-2021	0	2,258
2021-2020	1,960	0
2020-2019	0	146
2019-2018	143	3,270
Prior	16,466	12,147
Revolving Loans Amortized Cost Basis	0	0
Total	18,569	17,821
Consumer and other
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	24,159	118,803
2022-2021	109,218	58,175
2021-2020	54,988	42,468
2020-2019	40,579	30,045
2019-2018	28,724	28,489
Prior	109,451	84,843
Revolving Loans Amortized Cost Basis	4,198	4,175
Total	371,317	366,998
Year one	171
Year two	339
Year three	38
Year four	81
Year five	9
Prior	65
Revolving Loans Amortized Cost Basis	2
Total	705
Consumer and other | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	24,159	118,637
2022-2021	108,985	56,779
2021-2020	53,452	41,008
2020-2019	39,098	29,139
2019-2018	27,758	26,982
Prior	105,751	82,318
Revolving Loans Amortized Cost Basis	4,198	4,175
Total	363,401	359,038
Consumer and other | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	166
2022-2021	233	1,396
2021-2020	1,536	1,460
2020-2019	1,481	906
2019-2018	966	1,507
Prior	3,700	2,525
Revolving Loans Amortized Cost Basis	0	0
Total	7,916	7,960
Total consumer type loans
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	60,561	688,240
2022-2021	661,215	511,739
2021-2020	499,608	208,655
2020-2019	202,883	125,371
2019-2018	118,328	98,646
Prior	387,027	303,293
Revolving Loans Amortized Cost Basis	501,589	500,835
Total	2,431,211	2,436,779
Year one	171
Year two	339
Year three	38
Year four	81
Year five	9
Prior	81
Revolving Loans Amortized Cost Basis	2
Total	721
Total consumer type loans | Performing
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	60,561	686,847
2022-2021	659,037	505,180
2021-2020	493,401	201,723
2020-2019	196,568	122,687
2019-2018	116,247	95,095
Prior	375,299	293,337
Revolving Loans Amortized Cost Basis	500,507	499,304
Total	2,401,620	2,404,173
Total consumer type loans | Nonperforming
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	1,393
2022-2021	2,178	6,559
2021-2020	6,207	6,932
2020-2019	6,315	2,684
2019-2018	2,081	3,551
Prior	11,728	9,956
Revolving Loans Amortized Cost Basis	1,082	1,531
Total	29,591	32,606
Total Commercial Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	125,484	1,928,033
2022-2021	2,003,814	1,516,466
2021-2020	1,468,587	550,683
2020-2019	501,940	523,364
2019-2018	519,640	348,233
Prior	1,193,569	897,332
Revolving Loans Amortized Cost Basis	1,121,751	1,097,322
Total	6,934,785	6,861,433
Year one	0
Year two	46
Year three	0
Year four	0
Year five	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	46
Total Commercial Loans | Pass
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	125,027	1,927,662
2022-2021	1,989,327	1,511,093
2021-2020	1,462,652	548,528
2020-2019	499,995	516,650
2019-2018	514,196	340,964
Prior	1,155,005	864,548
Revolving Loans Amortized Cost Basis	1,095,057	1,083,355
Total	6,841,259	6,792,800
Total Commercial Loans | Special Mention
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	0	226
2022-2021	11,717	690
2021-2020	1,713	15
2020-2019	6	328
2019-2018	324	2,450
Prior	7,493	5,195
Revolving Loans Amortized Cost Basis	12,140	7,520
Total	33,393	16,424
Total Commercial Loans | Classified
Financing Receivable, Allowance for Credit Loss [Line Items]
2023-2022	457	145
2022-2021	2,770	4,683
2021-2020	4,222	2,140
2020-2019	1,939	6,386
2019-2018	5,120	4,819
Prior	31,071	27,589
Revolving Loans Amortized Cost Basis	14,554	6,447
Total	$ 60,133	$ 52,209

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Analysis of Aging by Class of Financing Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Loans held for investment	$ 9,365,996	$ 9,298,212
90 days or  more and accruing interest	12,580	18,415
Nonaccrual loans	32,900	27,431
30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	25,077	31,296
Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	9,295,439	9,221,070
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,671,398	1,645,783
90 days or  more and accruing interest	42	136
Nonaccrual loans	2,413	1,307
Commercial and industrial | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	574	1,650
Commercial and industrial | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,668,369	1,642,690
Construction
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,697,513	1,657,488
90 days or  more and accruing interest	0	0
Nonaccrual loans	382	389
Construction | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	2,708	1,246
Construction | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,694,423	1,655,853
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,562,503	1,573,121
90 days or  more and accruing interest	11,505	16,639
Nonaccrual loans	9,088	6,476
Residential real estate: | 1-to-4 family mortgage | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	13,348	15,470
Residential real estate: | 1-to-4 family mortgage | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,528,562	1,534,536
Residential real estate: | Residential line of credit
Financing Receivable, Past Due [Line Items]
Loans held for investment	497,391	496,660
90 days or  more and accruing interest	158	131
Nonaccrual loans	924	1,400
Residential real estate: | Residential line of credit | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	678	772
Residential real estate: | Residential line of credit | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	495,631	494,357
Residential real estate: | Multi-family mortgage
Financing Receivable, Past Due [Line Items]
Loans held for investment	489,379	479,572
90 days or  more and accruing interest	0	0
Nonaccrual loans	39	42
Residential real estate: | Multi-family mortgage | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	0	0
Residential real estate: | Multi-family mortgage | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	489,340	479,530
Commercial real estate: | Owner-occupied
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,136,978	1,114,580
90 days or  more and accruing interest	0	0
Nonaccrual loans	7,211	5,410
Commercial real estate: | Owner-occupied | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	851	1,948
Commercial real estate: | Owner-occupied | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,128,916	1,107,222
Commercial real estate: | Non-owner occupied
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,939,517	1,964,010
90 days or  more and accruing interest	0	0
Nonaccrual loans	5,802	5,956
Commercial real estate: | Non-owner occupied | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	0	102
Commercial real estate: | Non-owner occupied | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,933,715	1,957,952
Consumer and other
Financing Receivable, Past Due [Line Items]
Loans held for investment	371,317	366,998
90 days or  more and accruing interest	875	1,509
Nonaccrual loans	7,041	6,451
Consumer and other | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	6,918	10,108
Consumer and other | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	$ 356,483	$ 348,930

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Amortized Cost and Related Allowance of Non-accrual Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	$ 17,329		$ 15,714
Nonaccrual with related allowance	15,571		11,717
Related allowance	533		433
Year to date Interest Income	443	$ 275
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	1,804		790
Nonaccrual with related allowance	609		517
Related allowance	11		10
Year to date Interest Income	20	54
Construction
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	0		0
Nonaccrual with related allowance	382		389
Related allowance	7		7
Year to date Interest Income	6	19
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	1,955		2,834
Nonaccrual with related allowance	7,133		3,642
Related allowance	143		78
Year to date Interest Income	79	52
Residential real estate: | Residential line of credit
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	842		1,134
Nonaccrual with related allowance	82		266
Related allowance	1		4
Year to date Interest Income	24	40
Residential real estate: | Multi-family mortgage
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	0		1
Nonaccrual with related allowance	39		41
Related allowance	1		1
Year to date Interest Income	1	0
Commercial real estate: | Owner-occupied
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	7,008		5,200
Nonaccrual with related allowance	203		210
Related allowance	12		1
Year to date Interest Income	58	25
Commercial real estate: | Non-owner occupied
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	5,610		5,755
Nonaccrual with related allowance	192		201
Related allowance	4		5
Year to date Interest Income	82	70
Consumer and other
Financing Receivable, Past Due [Line Items]
Nonaccrual with no related allowance	110		0
Nonaccrual with related allowance	6,931		6,451
Related allowance	354		$ 327
Year to date Interest Income	$ 173	$ 15

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Performance Of Loans That has been Modified (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Loans held for investment	$ 9,365,996	$ 9,298,212
90 days or  more and accruing interest	12,580	18,415
Nonaccrual loans	32,900	27,431
30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	25,077	31,296
Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	9,295,439	9,221,070
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,671,398	1,645,783
90 days or  more and accruing interest	42	136
Nonaccrual loans	2,413	1,307
Commercial and industrial | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	574	1,650
Commercial and industrial | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,668,369	1,642,690
Construction
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,697,513	1,657,488
90 days or  more and accruing interest	0	0
Nonaccrual loans	382	389
Construction | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	2,708	1,246
Construction | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,694,423	1,655,853
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,562,503	1,573,121
90 days or  more and accruing interest	11,505	16,639
Nonaccrual loans	9,088	6,476
Residential real estate: | 1-to-4 family mortgage | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	13,348	15,470
Residential real estate: | 1-to-4 family mortgage | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,528,562	1,534,536
Residential real estate: | Residential line of credit
Financing Receivable, Past Due [Line Items]
Loans held for investment	497,391	496,660
90 days or  more and accruing interest	158	131
Nonaccrual loans	924	1,400
Residential real estate: | Residential line of credit | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	678	772
Residential real estate: | Residential line of credit | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	495,631	494,357
Residential real estate: | Multi-family mortgage
Financing Receivable, Past Due [Line Items]
Loans held for investment	489,379	479,572
90 days or  more and accruing interest	0	0
Nonaccrual loans	39	42
Residential real estate: | Multi-family mortgage | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	0	0
Residential real estate: | Multi-family mortgage | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	489,340	479,530
Commercial real estate: | Owner-occupied
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,136,978	1,114,580
90 days or  more and accruing interest	0	0
Nonaccrual loans	7,211	5,410
Commercial real estate: | Owner-occupied | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	851	1,948
Commercial real estate: | Owner-occupied | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,128,916	1,107,222
Commercial real estate: | Non-owner occupied
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,939,517	1,964,010
90 days or  more and accruing interest	0	0
Nonaccrual loans	5,802	5,956
Commercial real estate: | Non-owner occupied | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	0	102
Commercial real estate: | Non-owner occupied | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	1,933,715	1,957,952
Consumer and other
Financing Receivable, Past Due [Line Items]
Loans held for investment	371,317	366,998
90 days or  more and accruing interest	875	1,509
Nonaccrual loans	7,041	6,451
Consumer and other | 30-89 days past due and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	6,918	10,108
Consumer and other | Loans current on payments and accruing interest
Financing Receivable, Past Due [Line Items]
Loans held for investment	$ 356,483	$ 348,930

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Financial Effect of TDRs (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	2
Pre-modification outstanding recorded investment	$ 102
Post-modification outstanding recorded investment	102
Charge offs and specific reserves	$ 0
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	1
Pre-modification outstanding recorded investment	$ 80
Post-modification outstanding recorded investment	80
Charge offs and specific reserves	$ 0
Consumer and other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of loans | loan	1
Pre-modification outstanding recorded investment	$ 22
Post-modification outstanding recorded investment	22
Charge offs and specific reserves	$ 0

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Individually Assessed Allowance for Credit Losses for Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	$ 138,809	$ 134,192	$ 120,049	$ 125,559
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	11,117	11,106	12,699	15,751
Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	41,025	39,808	31,782	28,576
Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	27,213	26,141	21,024	19,104
Residential real estate: | Residential line of credit
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	9,034	7,494	6,545	5,903
Commercial real estate: | Owner-occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	7,952	7,783	8,416	12,593
Commercial real estate: | Non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	21,868	21,916	21,290	25,768
Consumer and other
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	13,981	13,454	$ 11,895	$ 10,888
Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	22,431	19,511
Real Estate | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	2,597	2,596
Real Estate | Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	5,332	4,467
Real Estate | Residential real estate: | Residential line of credit
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	1,109	1,135
Real Estate | Commercial real estate: | Owner-occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	7,651	5,424
Real Estate | Commercial real estate: | Non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	5,610	5,755
Real Estate | Consumer and other
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	132	134
Financial Assets and Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	800	0
Financial Assets and Equipment | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	800	0
Financial Assets and Equipment | Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	0	0
Financial Assets and Equipment | Residential real estate: | Residential line of credit
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	0	0
Financial Assets and Equipment | Commercial real estate: | Owner-occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	0	0
Financial Assets and Equipment | Commercial real estate: | Non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	0	0
Financial Assets and Equipment | Consumer and other
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	0	0
Total
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	23,231	19,511
Individually assessed allowance for credit loss	178	194
Total | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	3,397	2,596
Individually assessed allowance for credit loss	0	0
Total | Residential real estate: | 1-to-4 family mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	5,332	4,467
Individually assessed allowance for credit loss	169	194
Total | Residential real estate: | Residential line of credit
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	1,109	1,135
Individually assessed allowance for credit loss	5	0
Total | Commercial real estate: | Owner-occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	7,651	5,424
Individually assessed allowance for credit loss	4	0
Total | Commercial real estate: | Non-owner occupied
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	5,610	5,755
Individually assessed allowance for credit loss	0	0
Total | Consumer and other
Financing Receivable, Allowance for Credit Loss [Line Items]
Type of Collateral	132	134
Individually assessed allowance for credit loss	$ 0	$ 0

Other Real Estate Owned - Summa

Other Real Estate Owned - Summary of Other Real Estate Owned (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 5,794	$ 9,777
Transfers from loans	235	563
Proceeds from sale of other real estate owned	(2,031)	(121)
Gain (loss) on sale of other real estate owned	87	(104)
Write-downs and partial liquidations	0	(394)
Balance at end of period	$ 4,085	$ 9,721

Other Real Estate Owned - Narra

Other Real Estate Owned - Narrative (Details) - Residential Real Estate Properties - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Real Estate Properties [Line Items]
Foreclosed residential real estate properties	$ 798	$ 840
Total foreclosure proceedings in process	$ 4,769	$ 2,653

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) lease lease_renewal_option	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Lessee, Lease, Description [Line Items]
Lessee, number of operating leases | lease	60
Lessee, number of finance leases | lease	1
Lessee, operating and finance lease, number of options to renew | lease_renewal_option	1
Operating lease right-of-use assets	$ 57,054		$ 60,043
Operating lease liabilities	67,345		$ 69,754
Gain on lease modifications and terminations	$ 72	$ 18
Minimum
Lessee, Lease, Description [Line Items]
Lessee, operating and finance lease, renewal term	20 years

Leases - Information Related to

Leases - Information Related to Company's Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating leases	$ 57,054	$ 60,043
Finance leases	1,339	1,367
Total right-of-use assets	58,393	61,410
Operating leases	67,345	69,754
Finance leases	1,397	1,420
Total lease liabilities	$ 68,742	$ 71,174
Weighted average remaining lease term (in years) - operating	11 years 10 months 24 days	12 years 1 month 6 days
Weighted average remaining lease term (in years) - finance	12 years 1 month 6 days	12 years 4 months 24 days
Weighted average discount rate - operating	3.21%	3.08%
Weighted average discount rate - finance	1.76%	1.76%
Right-of-use asset - finance [Extensible Enumeration]	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Lease liabilities - finance [Extensible Enumeration]	Borrowings	Borrowings

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Amortization of right-of-use asset	$ 1,815	$ 1,710
Short-term lease cost	121	111
Variable lease cost	298	256
Gain on lease modifications and terminations	(72)	(18)
Interest on lease liabilities	6	9
Amortization of right-of-use asset	28	37
Sublease income	(281)	(195)
Total lease cost	$ 1,915	$ 1,910

Leases - Maturity Analysis of O

Leases - Maturity Analysis of Operating and Finance Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Operating Leases
March 31, 2024	$ 6,596
March 31, 2025	7,956
March 31, 2026	7,885
March 31, 2027	7,715
March 31, 2028	7,326
Thereafter	45,839
Total undiscounted future minimum lease payments	83,317
Less: imputed interest	(15,972)
Operating leases	67,345	$ 69,754
Finance Lease
March 31, 2024	89
March 31, 2025	120
March 31, 2026	121
March 31, 2027	123
March 31, 2028	125
Thereafter	977
Total undiscounted future minimum lease payments	1,555
Less: imputed interest	(158)
Finance leases	$ 1,397	$ 1,420

Mortgage Servicing Rights - Cha

Mortgage Servicing Rights - Changes in Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Servicing Asset at Fair Value, Amount [Roll Forward]
Carrying value at beginning of period	$ 168,365	$ 115,512
Capitalization	1,788	9,812
Change in fair value:
Due to pay-offs/pay-downs	(2,520)	(4,471)
Due to change in valuation inputs or assumptions	(2,754)	23,822
Carrying value at end of period	$ 164,879	$ 144,675

Mortgage Servicing Rights - Ser

Mortgage Servicing Rights - Servicing Income and Expense Included in Mortgage Banking Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Servicing income:
Servicing income	$ 7,768	$ 7,429
Contractually Specified Servicing Fee Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income, Other expense	Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income, Other expense
Change in fair value of mortgage servicing rights	$ (5,274)	$ 19,351
Change in fair value of derivative hedging instruments	1,867	(19,098)
Servicing income	4,361	7,682
Servicing expenses	1,883	2,548
Net servicing income (loss)	$ 2,478	$ 5,134

Mortgage Servicing Rights - Dat

Mortgage Servicing Rights - Data and Key Economic Assumptions Related to Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Transfers and Servicing of Financial Assets [Abstract]
Unpaid principal balance	$ 11,028,420	$ 11,086,582
Weighted-average prepayment speed (CPR)	5.96%	5.55%
Estimated impact on fair value of a 10% increase	$ (5,017)	$ (4,886)
Estimated impact on fair value of a 20% increase	$ (9,695)	$ (9,447)
Discount rate	8.97%	9.10%
Estimated impact on fair value of a 100 bp increase	$ (7,924)	$ (8,087)
Estimated impact on fair value of a 200 bp increase	$ (15,163)	$ (15,475)
Weighted-average coupon interest rate	3.35%	3.31%
Weighted-average servicing fee (basis points)	0.27%	0.27%
Weighted-average remaining maturity (in months)	333 months	332 months

Mortgage Servicing Rights - Nar

Mortgage Servicing Rights - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Transfers and Servicing of Financial Assets [Abstract]
Mortgage escrow deposit	$ 92,947	$ 75,612

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Taxes Computed at the United States Federal Statutory Tax Rates to the Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Federal taxes calculated at statutory rate	$ 9,676	$ 9,355
Increase (decrease) resulting from:
State taxes, net of federal benefit	251	951
Expense (benefit) from equity based compensation	115	(291)
Municipal interest income, net of interest disallowance	(456)	(444)
Bank-owned life insurance	(127)	(74)
Section 162(m) limitation	127	122
Other	111	(306)
Income tax expense, as reported	$ 9,697	$ 9,313
Federal taxes calculated at statutory rate, percent	21%	21%
Percentage increase (decrease) resulting from:
State taxes, net of federal benefit	0.60%	2.10%
Expense (benefit) from equity based compensation	0.30%	(0.70%)
Municipal interest income, net of interest disallowance	(1.00%)	(1.00%)
Bank-owned life insurance	(0.30%)	(0.20%)
Section 162(m) limitation	0.20%	0.30%
Other	0.20%	(0.60%)
Total	21%	20.90%

Commitments and Contingencies -

Commitments and Contingencies - Financial Instruments with Off-Balance Sheet Credit Risk (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Balance at end of period	$ 3,409,867	$ 3,635,232
Commitments to extend credit, excluding interest rate lock commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Balance at end of period	3,341,445	3,563,982
Letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Balance at end of period	$ 68,422	$ 71,250

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Floating interest rate loan commitments	$ 2,870,000		$ 2,960,000
Total principal amount of loans repurchased or indemnified	$ 3,326	$ 1,348

Commitments and Contingencies_3

Commitments and Contingencies - Allowance for Credit Losses on Unfunded Commitments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Commitments and Contingencies [Roll Forward]
Balance at beginning of period	$ 134,192	$ 125,559
Balance at end of period	138,809	120,049
Unfunded Commitments
Commitments and Contingencies [Roll Forward]
Balance at beginning of period	22,969	14,380
Provision for credit losses on unfunded commitments	(4,506)	1,882
Balance at end of period	$ 18,463	$ 16,262

Commitments and Contingencies_4

Commitments and Contingencies - Activity in the Repurchase Reserve (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Commitments and Contingencies [Roll Forward]
Balance at beginning of period	$ 1,621	$ 4,802
Provision for loan repurchases or indemnifications	(250)	(389)
Losses on loans repurchased or indemnified	(13)	(96)
Balance at end of period	$ 1,358	$ 4,317

Derivatives - Narrative (Detail

Derivatives - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) agreement	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)
Derivative [Line Items]
Net tax expenses on reclassification adjustment on gain on hedging activities	$ 0	$ 0
Net liability position	0		$ 0
Cash collateral pledged on derivatives	18,590,000		23,325,000
Designated as hedging | Interest Expense on Borrowings
Derivative [Line Items]
Gain (loss) included in income statement	197,000	$ (139,000)
Interest Rate Swap | Designated as hedging
Derivative [Line Items]
Notional amount	$ 300,000,000		$ 300,000,000
Subordinated debt, net
Derivative [Line Items]
Number of derivative instruments | agreement	2
Borrowings	$ 30,930,000
Subordinated debt, net | Interest Rate Swap
Derivative [Line Items]
Notional amount	30,000,000
Subordinated debt, net | Interest Rate Swap | Designated as hedging
Derivative [Line Items]
Notional amount	$ 30,000,000
Subordinated debt, net | Interest Rate Swap | LIBOR
Derivative [Line Items]
Derivative variable interest rate	2.08%
Minimum
Derivative [Line Items]
Period to lock interest rate on mortgage loan commitments	45 days
Maximum
Derivative [Line Items]
Period to lock interest rate on mortgage loan commitments	90 days

Derivatives - Derivative Financ

Derivatives - Derivative Financial Instruments (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Interest Rate Swap | Subordinated debt, net
Derivatives, Fair Value [Line Items]
Notional Amount	$ 30,000,000
Not designated as hedging
Derivatives, Fair Value [Line Items]
Notional Amount	1,488,307,000	$ 1,379,923,000
Asset	38,811,000	47,514,000
Liability	(36,778,000)	(49,552,000)
Not designated as hedging | Interest rate contracts
Derivatives, Fair Value [Line Items]
Notional Amount	567,594,000	560,310,000
Asset	36,068,000	45,775,000
Liability	(36,087,000)	(45,762,000)
Not designated as hedging | Forward commitments
Derivatives, Fair Value [Line Items]
Notional Amount	268,000,000	207,000,000
Asset	0	306,000
Liability	(691,000)	0
Not designated as hedging | Interest rate-lock commitments
Derivatives, Fair Value [Line Items]
Notional Amount	157,213,000	118,313,000
Asset	2,640,000	1,433,000
Liability	0	0
Not designated as hedging | Futures contracts
Derivatives, Fair Value [Line Items]
Notional Amount	495,500,000	494,300,000
Asset	103,000	0
Liability	0	(3,790,000)
Designated as hedging | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Notional Amount	300,000,000	300,000,000
Designated as hedging | Interest Rate Swap | Subordinated debt, net
Derivatives, Fair Value [Line Items]
Notional Amount	30,000,000
Asset	$ 988,000
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets
Liability		$ 1,255,000
Derivative Liability, Statement of Financial Position [Extensible Enumeration]		Accrued expenses and other liabilities

Derivatives - Gains (Losses) In

Derivatives - Gains (Losses) Included in the Consolidated Statements of Income Related to Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivatives, Fair Value [Line Items]
Amount of (loss) gain recognized in other comprehensive income (loss), net of tax (benefit) expense of $(70) and $273	$ (197)	$ 774
Net tax expenses (benefits) recognized on net change in unrealized gain (loss) on hedging activities	(70)	273
Not designated as hedging
Derivatives, Fair Value [Line Items]
Gains (losses) on derivative financial instruments	2,185	15,958
Not designated as hedging | Interest rate-lock commitments
Derivatives, Fair Value [Line Items]
Gains (losses) on derivative financial instruments	1,207	(5,446)
Not designated as hedging | Forward commitments
Derivatives, Fair Value [Line Items]
Gains (losses) on derivative financial instruments	(295)	37,903
Not designated as hedging | Futures contracts
Derivatives, Fair Value [Line Items]
Gains (losses) on derivative financial instruments	1,937	(16,535)
Not designated as hedging | Option contracts
Derivatives, Fair Value [Line Items]
Gains (losses) on derivative financial instruments	(664)	36
Designated as hedging
Derivatives, Fair Value [Line Items]
Amount of (loss) gain recognized in other comprehensive income (loss), net of tax (benefit) expense of $(70) and $273	$ (197)	$ 774

Derivatives - Fair Value Hedges

Derivatives - Fair Value Hedges (Details) - Interest Rate Swap - Designated as Hedging Instrument - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Derivative [Line Items]
Notional Amount	$ 300,000,000	$ 300,000,000
Remaining Maturity (In Years)	1 year 2 months 23 days
Receive Fixed Rate	1.48%
Estimated fair value	$ (11,683,000)	(13,677,000)
Subordinated debt, net
Derivative [Line Items]
Notional Amount	$ 100,000,000	100,000,000
Remaining Maturity (In Years)	11 months 1 day
Receive Fixed Rate	1.46%
Estimated fair value	$ (2,952,000)	(3,830,000)
Fixed Rate Money Market Deposits One
Derivative [Line Items]
Notional Amount	$ 75,000,000	75,000,000
Remaining Maturity (In Years)	1 year 4 months 20 days
Receive Fixed Rate	1.50%
Estimated fair value	$ (3,274,000)	(3,693,000)
Fixed Rate Money Market Deposits Two
Derivative [Line Items]
Notional Amount	$ 125,000,000	125,000,000
Remaining Maturity (In Years)	1 year 4 months 20 days
Receive Fixed Rate	1.50%
Estimated fair value	$ (5,457,000)	$ (6,154,000)

Derivatives - Income Included I

Derivatives - Income Included In Interest Expense On Borrowings And Deposits (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivatives, Fair Value [Line Items]
Interest (expense) income, net	$ 103,660	$ 88,182
Interest Rate Swap | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Interest (expense) income, net	(2,268)	475
Interest Rate Swap | Designated as Hedging Instrument | Subordinated debt, net
Derivatives, Fair Value [Line Items]
Interest (expense) income, net	(760)	162
Interest Rate Swap | Designated as Hedging Instrument | Fixed Rate Money Market Deposits
Derivatives, Fair Value [Line Items]
Interest (expense) income, net	$ (1,508)	$ 313

Derivatives - Balance Sheet (De

Derivatives - Balance Sheet (Details) - Interest Rate Swap - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Borrowings
Derivative [Line Items]
Carrying Amount of the Hedged Item	$ 96,146	$ 95,171
Cumulative Decrease in Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item	(2,952)	(3,830)
Borrowings | Subordinated debt, net
Derivative [Line Items]
Unamortized subordinated debt issuance costs	902	999
Money market and savings deposits
Derivative [Line Items]
Carrying Amount of the Hedged Item	196,704	196,520
Cumulative Decrease in Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item	(8,731)	(9,847)
Purchase accounting fair value premium	$ 5,435	$ 6,367

Derivatives - Offsetting Deriva

Derivatives - Offsetting Derivative Assets and Liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Offsetting Derivative Assets
Gross amounts recognized	$ 35,641,000	$ 44,273,000
Gross amounts offset in the consolidated balance sheets	0	0
Net amounts presented in the consolidated balance sheets	35,641,000	44,273,000
Gross amounts not offset in the consolidated balance sheets, less financial instruments	12,771,000	14,229,000
Gross amounts not offset in the consolidated balance sheets, less financial collateral pledged	0	0
Net amounts	22,870,000	30,044,000
Offsetting Derivative Liabilities
Gross amounts recognized	18,528,000	20,251,000
Gross amounts offset in the consolidated balance sheets	0	0
Net amounts presented in the consolidated balance sheets	18,528,000	20,251,000
Gross amounts not offset in the consolidated balance sheets, less financial instruments	12,771,000	14,229,000
Gross amounts not offset in the consolidated balance sheets, less financial collateral pledged	5,757,000	6,022,000
Net amounts	$ 0	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Estimated Fair Values and Carrying Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial assets:
Net loans held for investment	$ 9,227,187	$ 9,164,020
Interest receivable	44,737	45,684
Level 1
Financial liabilities:
Federal Home Loan Bank advances	0
Level 2
Financial liabilities:
Federal Home Loan Bank advances	125,000
Level 3
Financial liabilities:
Federal Home Loan Bank advances	0
Carrying amount
Financial assets:
Cash and cash equivalents	1,319,951	1,027,052
Investment securities	1,474,064	1,474,176
Net loans held for investment	9,227,187	9,164,020
Loans held for sale, at fair value	61,987	113,240
Interest receivable	44,737	45,684
Mortgage servicing rights	164,879	168,365
Derivatives	39,799	48,769
Financial liabilities:
Deposits, Without stated maturities	9,686,045	9,433,860
Deposits, With stated maturities	1,496,870	1,421,974
Securities sold under agreements to repurchase and federal funds purchased	38,130	86,945
Federal Home Loan Bank advances	125,000	175,000
Subordinated debt, net	127,076	126,101
Interest payable	11,834	8,648
Derivatives	48,461	63,229
Fair Value
Financial assets:
Cash and cash equivalents	1,319,951	1,027,052
Investment securities	1,474,064	1,474,176
Net loans held for investment	9,090,899	9,048,943
Loans held for sale, at fair value	61,987	113,240
Interest receivable	44,737	45,684
Mortgage servicing rights	164,879	168,365
Derivatives	39,799	48,769
Financial liabilities:
Deposits, Without stated maturities	9,686,045	9,433,860
Deposits, With stated maturities	1,485,091	1,422,544
Securities sold under agreements to repurchase and federal funds purchased	38,130	86,945
Federal Home Loan Bank advances	125,000	175,000
Subordinated debt, net	120,584	118,817
Interest payable	11,834	8,648
Derivatives	48,461	63,229
Fair Value | Level 1
Financial assets:
Cash and cash equivalents	1,319,951	1,027,052
Investment securities	0	0
Net loans held for investment	0	0
Loans held for sale, at fair value	0	0
Interest receivable	1,027	126
Mortgage servicing rights	0	0
Derivatives	0	0
Financial liabilities:
Deposits, Without stated maturities	9,686,045	9,433,860
Deposits, With stated maturities	0	0
Securities sold under agreements to repurchase and federal funds purchased	38,130	86,945
Federal Home Loan Bank advances		0
Subordinated debt, net	0	0
Interest payable	3,731	2,571
Derivatives	0	0
Fair Value | Level 2
Financial assets:
Cash and cash equivalents	0	0
Investment securities	1,474,064	1,474,176
Net loans held for investment	0	0
Loans held for sale, at fair value	52,477	82,750
Interest receivable	6,705	6,961
Mortgage servicing rights	0	0
Derivatives	39,799	48,769
Financial liabilities:
Deposits, Without stated maturities	0	0
Deposits, With stated maturities	1,485,091	1,422,544
Securities sold under agreements to repurchase and federal funds purchased	0	0
Federal Home Loan Bank advances		175,000
Subordinated debt, net	0	0
Interest payable	7,704	4,559
Derivatives	48,461	63,229
Fair Value | Level 3
Financial assets:
Cash and cash equivalents	0	0
Investment securities	0	0
Net loans held for investment	9,090,899	9,048,943
Loans held for sale, at fair value	9,510	30,490
Interest receivable	37,005	38,597
Mortgage servicing rights	164,879	168,365
Derivatives	0	0
Financial liabilities:
Deposits, Without stated maturities	0	0
Deposits, With stated maturities	0	0
Securities sold under agreements to repurchase and federal funds purchased	0	0
Federal Home Loan Bank advances		0
Subordinated debt, net	120,584	118,817
Interest payable	399	1,518
Derivatives	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Balances and Levels of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial assets:
Available-for-sale securities:	$ 1,471,005	$ 1,471,186
Equity securities, at fair value	3,059	2,990
Mortgage-backed securities - residential
Financial assets:
Available-for-sale securities:	1,025,388	1,034,193
Mortgage-backed securities - commercial
Financial assets:
Available-for-sale securities:	17,723	17,644
Municipal securities
Financial assets:
Available-for-sale securities:	270,994	264,420
U.S. Treasury securities
Financial assets:
Available-for-sale securities:	108,823	107,680
Corporate securities
Financial assets:
Available-for-sale securities:	7,149	7,187
Recurring Basis
Financial assets:
Equity securities, at fair value	3,059	2,990
Total securities	1,474,064	1,474,176
Total loans held for sale	61,987	113,240
Mortgage servicing rights	164,879	168,365
Derivatives	39,799	48,769
Financial liabilities:
Derivatives	48,461	63,229
Recurring Basis | U.S. government agency securities
Financial assets:
Available-for-sale securities:	40,928	40,062
Recurring Basis | Mortgage-backed securities - residential
Financial assets:
Available-for-sale securities:	1,025,388	1,034,193
Recurring Basis | Mortgage-backed securities - commercial
Financial assets:
Available-for-sale securities:	17,723	17,644
Recurring Basis | Municipal securities
Financial assets:
Available-for-sale securities:	270,994	264,420
Recurring Basis | U.S. Treasury securities
Financial assets:
Available-for-sale securities:	108,823	107,680
Recurring Basis | Corporate securities
Financial assets:
Available-for-sale securities:	7,149	7,187
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1)
Financial assets:
Equity securities, at fair value	0	0
Total securities	0	0
Total loans held for sale	0	0
Mortgage servicing rights	0	0
Derivatives	0	0
Financial liabilities:
Derivatives	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | U.S. government agency securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | Mortgage-backed securities - residential
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | Mortgage-backed securities - commercial
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | Municipal securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | U.S. Treasury securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | Corporate securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant other observable inputs (level 2)
Financial assets:
Equity securities, at fair value	3,059	2,990
Total securities	1,474,064	1,474,176
Total loans held for sale	52,477	82,750
Mortgage servicing rights	0	0
Derivatives	39,799	48,769
Financial liabilities:
Derivatives	48,461	63,229
Recurring Basis | Significant other observable inputs (level 2) | U.S. government agency securities
Financial assets:
Available-for-sale securities:	40,928	40,062
Recurring Basis | Significant other observable inputs (level 2) | Mortgage-backed securities - residential
Financial assets:
Available-for-sale securities:	1,025,388	1,034,193
Recurring Basis | Significant other observable inputs (level 2) | Mortgage-backed securities - commercial
Financial assets:
Available-for-sale securities:	17,723	17,644
Recurring Basis | Significant other observable inputs (level 2) | Municipal securities
Financial assets:
Available-for-sale securities:	270,994	264,420
Recurring Basis | Significant other observable inputs (level 2) | U.S. Treasury securities
Financial assets:
Available-for-sale securities:	108,823	107,680
Recurring Basis | Significant other observable inputs (level 2) | Corporate securities
Financial assets:
Available-for-sale securities:	7,149	7,187
Recurring Basis | Significant unobservable inputs (level 3)
Financial assets:
Equity securities, at fair value	0	0
Total securities	0	0
Total loans held for sale	9,510	30,490
Mortgage servicing rights	164,879	168,365
Derivatives	0	0
Financial liabilities:
Derivatives	0	0
Recurring Basis | Significant unobservable inputs (level 3) | U.S. government agency securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant unobservable inputs (level 3) | Mortgage-backed securities - residential
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant unobservable inputs (level 3) | Mortgage-backed securities - commercial
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant unobservable inputs (level 3) | Municipal securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant unobservable inputs (level 3) | U.S. Treasury securities
Financial assets:
Available-for-sale securities:	0	0
Recurring Basis | Significant unobservable inputs (level 3) | Corporate securities
Financial assets:
Available-for-sale securities:	0	0
Non-recurring Basis
Financial liabilities:
Total collateral dependent loans	389	2,860
Non-recurring Basis | Residential real estate | 1-to-4 family mortgage
Financial liabilities:
Total collateral dependent loans	389	366
Non-recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1)
Financial liabilities:
Total collateral dependent loans	0	0
Non-recurring Basis | Quoted prices in active markets for identical assets (liabilities) (level 1) | Residential real estate | 1-to-4 family mortgage
Financial liabilities:
Total collateral dependent loans	0	0
Non-recurring Basis | Significant other observable inputs (level 2)
Financial liabilities:
Total collateral dependent loans	0	0
Non-recurring Basis | Significant other observable inputs (level 2) | Residential real estate | 1-to-4 family mortgage
Financial liabilities:
Total collateral dependent loans	0	0
Non-recurring Basis | Significant unobservable inputs (level 3)
Financial liabilities:
Total collateral dependent loans	389	2,860
Non-recurring Basis | Significant unobservable inputs (level 3) | Residential real estate | 1-to-4 family mortgage
Financial liabilities:
Total collateral dependent loans	$ 389	$ 366

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Balances and Levels of Assets Measured at Fair Value on Non-recurring Basis (Details) - Non-recurring Basis - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial assets:
Other real estate owned	$ 224	$ 2,497
Total collateral dependent loans	389	2,860
Residential real estate: | 1-to-4 family mortgage
Financial assets:
Total collateral dependent loans	389	366
Commercial real estate: | Non-owner occupied
Financial assets:
Total collateral dependent loans		2,494
Quoted prices in active markets for identical assets (liabilities) (level 1)
Financial assets:
Other real estate owned	0	0
Total collateral dependent loans	0	0
Quoted prices in active markets for identical assets (liabilities) (level 1) | Residential real estate: | 1-to-4 family mortgage
Financial assets:
Total collateral dependent loans	0	0
Quoted prices in active markets for identical assets (liabilities) (level 1) | Commercial real estate: | Non-owner occupied
Financial assets:
Total collateral dependent loans		0
Significant other observable inputs (level 2)
Financial assets:
Other real estate owned	0	0
Total collateral dependent loans	0	0
Significant other observable inputs (level 2) | Residential real estate: | 1-to-4 family mortgage
Financial assets:
Total collateral dependent loans	0	0
Significant other observable inputs (level 2) | Commercial real estate: | Non-owner occupied
Financial assets:
Total collateral dependent loans		0
Significant unobservable inputs (level 3)
Financial assets:
Other real estate owned	224	2,497
Total collateral dependent loans	389	2,860
Significant unobservable inputs (level 3) | Residential real estate: | 1-to-4 family mortgage
Financial assets:
Total collateral dependent loans	$ 389	366
Significant unobservable inputs (level 3) | Commercial real estate: | Non-owner occupied
Financial assets:
Total collateral dependent loans		$ 2,494

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Information about Significant Unobservable Inputs (Level 3) Used in Valuation of Assets Measured at Fair Value on Nonrecurring Basis (Details) - Non-recurring Basis $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total collateral dependent loans	$ 389	$ 2,860
Other real estate owned	224	2,497
Significant unobservable inputs (level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total collateral dependent loans	389	2,860
Other real estate owned	$ 224	$ 2,497
Significant unobservable inputs (level 3) | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral dependent loans, measurement input	0.10	0.10
Other real estate owned, measurement input	0	0
Significant unobservable inputs (level 3) | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Collateral dependent loans, measurement input	0.35	0.35
Other real estate owned, measurement input	0.15	0.15

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Franklin Financial Network, Inc. |  Fair Value | Commercial and industrial
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Gain recognized on the change in fair value of portfolio	$ 910	$ (174)
Mortgage Loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net (losses) gains from fair value changes of mortgage loans held for sale recorded in income	(51)	(16,874)
Loans HFS and derivatives
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net (losses) gains from fair value changes of mortgage loans held for sale recorded in income	(421)	$ (7,548)
Level 3 | Non-recurring Basis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Amortized costs of collateral dependent loans	$ 558		$ 3,054

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Loans Held for Sale at Fair Value (Details) - Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans held for sale	$ 61,987	$ 113,240
Total loans held for sale	82,515	139,451
Fair Value Option
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans held for sale	61,987	113,240
Other | Fair Value Option
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale	52,477	82,750
GNMA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale	20,528	26,211
Commercial | Fair Value Option
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans held for sale	$ 9,510	$ 30,490

Fair Value of Financial Instr_9

Fair Value of Financial Instruments - Changes in Fair Value Associated with Commercial Loans Held for Sale (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Change in fair value:
Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Income Extensible List Not Disclosed Flag	Changes in valuation included in other noninterest income	Changes in valuation included in other noninterest income
Franklin Financial Network, Inc. | Commercial and industrial | Aggregate Unpaid Principal Balance
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Carrying value at beginning of period	$ 34,357	$ 86,762
Change in fair value:
Pay-downs and pay-offs	(21,890)	(946)
Changes in valuation included in other noninterest income	0	0
Carrying value at end of period	12,467	85,816
Franklin Financial Network, Inc. | Commercial and industrial | Fair Value Discount
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Carrying value at beginning of period	(3,867)	(7,463)
Change in fair value:
Pay-downs and pay-offs	0	0
Changes in valuation included in other noninterest income	910	(174)
Carrying value at end of period	(2,957)	(7,637)
Franklin Financial Network, Inc. | Commercial and industrial |  Fair Value
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Carrying value at beginning of period	30,490	79,299
Change in fair value:
Pay-downs and pay-offs	(21,890)	(946)
Changes in valuation included in other noninterest income	910	(174)
Carrying value at end of period	$ 9,510	$ 78,179

Fair Value of Financial Inst_10

Fair Value of Financial Instruments - Differences Between Fair Value and Principal Balance for Loans Held for Sale Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Aggregate fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	$ 52,477	$ 82,750
Nonaccrual commercial loans held for sale	9,278	9,289
Aggregate fair value | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	232	21,201
Aggregate Unpaid Principal Balance
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	51,298	81,520
Nonaccrual commercial loans held for sale	12,231	12,231
Aggregate Unpaid Principal Balance | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	236	22,126
Difference
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	1,179	1,230
Nonaccrual commercial loans held for sale	(2,953)	(2,942)
Difference | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage loans held for sale measured at fair value	$ (4)	$ (925)

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details) $ in Thousands		3 Months Ended
	May 10, 2022 channel	Mar. 31, 2023 USD ($) channel segment	Mar. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Number of distinct reportable segments | segment		2
Number of delivery channels, discontinued	1
Number of distinct delivery channels		2
Mortgage
Segment Reporting Information [Line Items]
Interest paid | $		$ 3,931	$ 5,666

Segment Reporting - Direct-to-c

Segment Reporting - Direct-to-consumer Channel Volume (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest Rate Lock Commitment
Revenue, Major Customer [Line Items]
Direct-to-consumer	$ 0	$ 568,092
Retail	375,042	741,015
Mortgage loan sales	375,042	1,309,107
Mortgage
Revenue, Major Customer [Line Items]
Mortgage loan sales	$ 332,307	$ 1,284,482

Segment Reporting - Segment Fin

Segment Reporting - Segment Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net interest income	$ 103,660	$ 88,182
Provision for credit losses	(491)	(4,247)
Mortgage banking income	15,493	29,278
Change in fair value of mortgage servicing rights, net of hedging	(3,407)	253
Other noninterest income	11,263	11,861
Depreciation and amortization	2,228	2,036
Amortization of intangibles	990	1,244
Other noninterest expense	77,222	85,992
Income before income taxes	46,078	44,549
Income tax expense	9,697	9,313
Net income attributable to FB Financial Corporation and noncontrolling interest	36,381	35,236
Net income applicable to noncontrolling interest	0	0
Net income applicable to FB Financial Corporation	36,381	35,236
Total assets	13,101,147	12,674,191	$ 12,847,756
Goodwill	242,561	242,561	$ 242,561
Provision for credit losses	4,997	(6,129)
Provision (reversal) for credit losses on unfunded commitments	(4,506)	1,882
Banking
Segment Reporting Information [Line Items]
Net interest income	103,660	88,184
Provision for credit losses	(491)	(4,247)
Mortgage banking income	0	0
Change in fair value of mortgage servicing rights, net of hedging	0	0
Other noninterest income	11,493	11,983
Depreciation and amortization	2,049	1,710
Amortization of intangibles	990	1,244
Other noninterest expense	65,311	56,630
Income before income taxes	46,312	44,830
Total assets	12,530,039	11,890,847
Goodwill	242,561	242,561
Mortgage
Segment Reporting Information [Line Items]
Net interest income	0	(2)
Provision for credit losses	0	0
Mortgage banking income	15,493	29,278
Change in fair value of mortgage servicing rights, net of hedging	(3,407)	253
Other noninterest income	(230)	(122)
Depreciation and amortization	179	326
Amortization of intangibles	0	0
Other noninterest expense	11,911	29,362
Income before income taxes	(234)	(281)
Total assets	571,108	783,344
Goodwill	$ 0	$ 0

Minimum Capital Requirements (D

Minimum Capital Requirements (Details) $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
FB Financial Corporation
Total Capital (to risk-weighted assets)
Actual, Amount	$ 1,557,049	$ 1,528,344
Actual, Ratio	0.136	0.131
Minimum Capital adequacy with capital buffer, Amount	$ 1,205,137	$ 1,225,161
Minimum Capital adequacy with capital buffer, Ratio	0.105	0.105
Tier 1 Capital (to risk-weighted assets)
Actual, Amount	$ 1,331,158	$ 1,315,386
Actual, Ratio	0.116	0.113
Minimum Capital adequacy with capital buffer, Amount	$ 975,587	$ 991,797
Minimum Capital adequacy with capital buffer, Ratio	8.50%	8.50%
Tier 1 Capital (to average assets)
Actual, Amount	$ 1,331,158	$ 1,315,386
Actual, Ratio	0.104	0.105
Minimum Capital adequacy with capital buffer, Amount	$ 512,344	$ 499,648
Minimum Capital adequacy with capital buffer. Ratio	0.040	0.040
Common Equity Tier 1 Capital (to risk-weighted assets)
Actual, Amount	$ 1,301,158	$ 1,285,386
Actual Ratio	11.30%	11%
Minimum Capital adequacy with capital buffer, Amount	$ 803,424	$ 816,774
Minimum Capital adequacy with capital buffer, Ratio	0.070	0.070
FirstBank
Total Capital (to risk-weighted assets)
Actual, Amount	$ 1,524,500	$ 1,506,543
Actual, Ratio	0.133	0.129
Minimum Capital adequacy with capital buffer, Amount	$ 1,204,213	$ 1,222,922
Minimum Capital adequacy with capital buffer, Ratio	0.105	0.105
To be well capitalized under prompt corrective action provisions, Amount	$ 1,146,869	$ 1,164,688
To be well capitalized under prompt corrective action provisions, Ratio	0.100	0.100
Tier 1 Capital (to risk-weighted assets)
Actual, Amount	$ 1,298,609	$ 1,293,585
Actual, Ratio	0.113	0.111
Minimum Capital adequacy with capital buffer, Amount	$ 974,839	$ 989,985
Minimum Capital adequacy with capital buffer, Ratio	8.50%	8.50%
To be well capitalized under prompt corrective action provisions, Amount	$ 917,495	$ 931,750
To be well capitalized under prompt corrective action provisions, Ratio	0.080	0.080
Tier 1 Capital (to average assets)
Actual, Amount	$ 1,298,609	$ 1,293,585
Actual, Ratio	0.102	0.104
Minimum Capital adequacy with capital buffer, Amount	$ 511,666	$ 499,194
Minimum Capital adequacy with capital buffer. Ratio	0.040	0.040
To be well capitalized under prompt corrective action provisions, Amount	$ 639,583	$ 623,992
To be well capitalized under prompt corrective action provisions, Ratio	0.050	0.050
Common Equity Tier 1 Capital (to risk-weighted assets)
Actual, Amount	$ 1,298,609	$ 1,293,585
Actual Ratio	11.30%	11.10%
Minimum Capital adequacy with capital buffer, Amount	$ 802,808	$ 815,281
Minimum Capital adequacy with capital buffer, Ratio	0.070	0.070
To be well capitalized under prompt corrective action provisions, Amount	$ 745,465	$ 757,047
To be well capitalized under prompt corrective action provisions, Ratio	6.50%	6.50%

Stock-Based Compensation - Chan

Stock-Based Compensation - Changes in Restricted Stock Units (Details) - RSUs	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Restricted Stock Units Outstanding
Balance at beginning of period (in shares) | shares	365,155,000
Granted (in shares) | shares	144,578,000
Vested (in shares) | shares	(134,601,000)
Forfeited (in shares) | shares	(1,428,000)
Balance at end of period (in shares) | shares	373,704,000
Weighted Average Grant Date Fair Value
Balance at beginning of period (in dollars per share) | $ / shares	$ 39.02
Granted (in dollars per share) | $ / shares	37.17
Vested (in dollars per share) | $ / shares	34.11
Forfeited (in dollars per share) | $ / shares	43.62
Balance at end of period (in dollars per share) | $ / shares	$ 39.05

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to nonvested awards	$ 2,285	$ 2,582
Dividends declared not paid on restricted stock units	48	60
Proceeds from employee payroll withholdings	305	588
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of restricted stock units vested and released	4,591	3,397
Compensation cost related to nonvested awards	1,706	1,856
Unrecognized compensation cost related to nonvested awards	$ 12,523
Expected weighted-average period to be recognized	2 years 10 months 24 days
Dividends declared not paid on restricted stock units	$ 205		$ 292
RSUs | 2016-LTIP Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for issuable (in shares)	1,571,098
RSUs | Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to nonvested awards	$ 175	166
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to nonvested awards	579	$ 726
Unrecognized compensation cost related to nonvested awards	$ 14,182
Expected weighted-average period to be recognized	2 years 6 months
Criteria period	3 years
Maximum unrecognized compensation cost, payout percentage	200%
Employee Stock | ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for issuable (in shares)	200,000
Purchase price percentage of subsequent offering periods	95%
Maximum number of shares per participant (in shares)	725
Maximum worth of award per participant	$ 25
Shares issued under plan (in shares)	8,214	15,152
Number of shares reserved for issuance (in shares)	2,306,532

Stock-Based Compensation - Ch_2

Stock-Based Compensation - Changes in Performance Stock Units (Details) - PSUs	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Performance Stock Units Outstanding
Balance at beginning of period (in shares) | shares	161,667
Granted (in shares) | shares	86,010
Performance adjustment (in shares) | shares	44,319
Vested (in shares) | shares	(90,583)
Forfeited or expired (in shares) | shares	(1,153)
Balance at end of period (in shares) | shares	200,260
Weighted Average Grant Date Fair Value
Balance at beginning of period (in dollars per share) | $ / shares	$ 41.73
Granted (in dollars per share) | $ / shares	37.17
Performance adjustment (in dollars per share) | $ / shares	37.17
Vested (in dollars per share) | $ / shares	36.21
Forfeited (in dollars per share) | $ / shares	44.25
Balance at end of period (in dollars per share) | $ / shares	$ 40.98

Stock-Based Compensation - Perf

Stock-Based Compensation - Performance Shares, Activity (Details) - PSUs	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in dollars per share)	$ 37.17
Criteria period	3 years
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting, percentage	0%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting, percentage	200%
Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in dollars per share)	$ 43.20
PSUs Outstanding (in shares) | shares	54,922
Award vesting, percentage	0%
Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in dollars per share)	$ 44.44
PSUs Outstanding (in shares) | shares	59,328
Award vesting, percentage	25%
Tranche Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in dollars per share)	$ 37.17
PSUs Outstanding (in shares) | shares	86,010
Award vesting, percentage	100%
Tranche Four
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting, percentage	200%

Related Party Transactions - Lo

Related Party Transactions - Loans Analysis to Executive Officers, Certain Management, Bank Directors and Related Interests (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Financing Receivable, Related Parties [Roll Forward]
Loans outstanding at January 1, 2023	$ 82,559
New loans and advances	23,098
Repayments	(2,365)
Loans outstanding at March 31, 2023	$ 103,292

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Deposits from related parties	$ 336,448		$ 347,660
Preferred Stock
Related Party Transaction [Line Items]
Equity security without readily determinable market value	10,000		10,000
Directors
Related Party Transaction [Line Items]
Operating lease expense	90	$ 101
Directors | FBK Aviation, LLC | Aviation Time Sharing Agreements
Related Party Transaction [Line Items]
Income from related party	7	$ 11
Unfunded Loan Commitment | Certain Executive Officers, Certain Management and Directors and Their Associates
Related Party Transaction [Line Items]
Unfunded commitments	$ 34,089		$ 31,564