Sandy Spring Bancorp (SASR) 10-Q 9 Aug 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2024	Aug. 06, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	0-19065
Entity Registrant Name	SANDY SPRING BANCORP, INC.
Entity Incorporation State Country Code	MD
Entity Tax Identification Number	52-1532952
Entity Address Address Line1	17801 Georgia Avenue
Entity Address City Or Town	Olney
Entity Address State Or Province	MD
Entity Address Postal Zip Code	20832
City Area Code	301
Local Phone Number	774-6400
Security 12b Title	Common Stock, par value $1.00 per share
Trading Symbol	SASR
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Shares Outstanding (in shares)		45,109,671
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000824410
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF CONDITION - UNAUDITED - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 84,464	$ 82,257
Federal funds sold	0	245
Interest-bearing deposits with banks	322,246	463,396
Cash and cash equivalents	406,710	545,898
Residential mortgage loans held for sale (at fair value)	18,961	10,836
Investments held-to-maturity, at cost (fair value of $187,389 and $200,411, respectively)	226,233	236,165
Investments available-for-sale (at fair value)	1,101,846	1,102,681
Other investments, at cost	73,432	75,607
Total loans	11,483,921	11,366,989
Less: allowance for credit losses - loans	(125,863)	(120,865)
Net loans	11,358,058	11,246,124
Premises and equipment, net	58,212	59,490
Other real estate owned	2,700	0
Accrued interest receivable	46,668	46,583
Goodwill	363,436	363,436
Other intangible assets, net	30,087	28,301
Other assets	322,000	313,051
Total assets	14,008,343	14,028,172
Liabilities:
Noninterest-bearing deposits	2,931,405	2,914,161
Interest-bearing deposits	8,408,823	8,082,377
Total deposits	11,340,228	10,996,538
Securities sold under retail repurchase agreements	75,038	75,032
Federal Reserve Bank borrowings	0	300,000
Advances from FHLB	500,000	550,000
Subordinated debt	371,101	370,803
Total borrowings	946,139	1,295,835
Accrued interest payable and other liabilities	122,972	147,657
Total liabilities	12,409,339	12,440,030
Stockholders' equity:
Common stock	45,110	44,914
Additional paid in capital	745,336	742,243
Retained earnings	910,552	898,316
Accumulated other comprehensive loss	(101,994)	(97,331)
Total stockholders' equity	1,599,004	1,588,142
Total liabilities and stockholders' equity	$ 14,008,343	$ 14,028,172

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CONDITION - UNAUDITED - (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Held-to-maturity debt securities	$ 187,389	$ 200,411
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	45,109,671	44,913,561
Common stock, shares outstanding (in shares)	45,109,671	44,913,561

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest income:
Interest and fees on loans	$ 151,335	$ 144,274	$ 301,970	$ 284,001
Interest on loans held for sale	309	307	437	459
Interest on deposits with banks	4,424	4,922	11,210	7,608
Interest and dividend income on investment securities:
Taxable	7,216	6,848	13,879	13,856
Tax-advantaged	1,826	1,795	3,623	3,565
Interest on federal funds sold	3	4	8	8
Total interest income	165,113	158,150	331,127	309,497
Interest expense:
Interest on deposits	74,409	51,325	147,775	92,113
Interest on retail repurchase agreements and federal funds purchased	1,052	4,191	4,438	6,295
Interest on advances from FHLB	5,420	8,216	11,393	15,423
Interest on subordinated debt	3,947	3,947	7,893	7,893
Total interest expense	84,828	67,679	171,499	121,724
Net interest income	80,285	90,471	159,628	187,773
Provision/ (credit) for credit losses	1,020	5,055	3,408	(16,481)
Net interest income after provision/ (credit) for credit losses	79,265	85,416	156,220	204,254
Non-interest income:
Investment securities gains	0	0	0	0
Income from bank owned life insurance	1,816	1,251	2,976	2,158
Other income	2,311	2,024	4,956	4,025
Total non-interest income	19,587	17,176	37,954	33,127
Non-interest expense:
Salaries and employee benefits	37,821	40,931	74,519	79,857
Occupancy expense of premises	4,805	4,764	9,621	9,611
Equipment expense	3,868	3,760	7,831	7,877
Marketing	1,288	1,589	2,030	3,132
Outside data services	3,286	2,853	6,389	5,367
FDIC insurance	2,951	2,375	5,862	4,513
Amortization of intangible assets	2,135	1,269	4,204	2,575
Professional fees and services	4,946	4,161	9,826	7,845
Other expenses	7,004	7,434	15,828	14,664
Total non-interest expense	68,104	69,136	136,110	135,441
Income before income tax expense	30,748	33,456	58,064	101,940
Income tax expense	7,941	8,711	14,885	25,942
Net income	$ 22,807	$ 24,745	$ 43,179	$ 75,998
Per share information:
Basic net income per common share (in dollars per share)	$ 0.51	$ 0.55	$ 0.96	$ 1.69
Diluted net income per common share (in dollars per share)	0.51	0.55	0.96	1.69
Dividends declared per share (in dollars per share)	$ 0.34	$ 0.34	$ 0.68	$ 0.68
Service charges on deposit accounts
Non-interest income:
Fees and commissions, mortgage banking and servicing	$ 2,939	$ 2,606	$ 5,756	$ 4,994
Mortgage banking activities
Non-interest income:
Fees and commissions, mortgage banking and servicing	1,621	1,817	2,995	3,062
Wealth management income
Non-interest income:
Fees and commissions, mortgage banking and servicing	10,455	9,031	20,413	18,023
Bank card fees
Non-interest income:
Fees and commissions, mortgage banking and servicing	$ 445	$ 447	$ 858	$ 865

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/ (LOSS) - UNAUDITED - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 22,807	$ 24,745	$ 43,179	$ 75,998
Investments available-for-sale:
Net change in unrealized gains/ (losses) on investments available-for-sale	719	(13,609)	(6,984)	7,175
Related income tax (expense)/ benefit	(182)	3,466	1,772	(1,828)
Net investment gains reclassified into earnings	0	0	0	0
Related income tax expense	0	0	0	0
Net effect on other comprehensive income/ (loss)	537	(10,143)	(5,212)	5,347
Investments held-to-maturity:
Amortization of unrealized loss transferred from investments available-for-sale	365	458	736	863
Related income tax benefit	(93)	(117)	(187)	(220)
Net effect on other comprehensive income/ (loss)	272	341	549	643
Defined benefit pension plan:
Amortization of net loss	0	226	0	451
Related income tax benefit	0	(58)	0	(115)
Net effect on other comprehensive income/ (loss)	0	168	0	336
Total other comprehensive income/ (loss)	809	(9,634)	(4,663)	6,326
Comprehensive income	$ 23,616	$ 15,111	$ 38,516	$ 82,324

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - UNAUDITED - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income/ (Loss)
Balance at beginning of period at Dec. 31, 2022	$ 1,483,768	$ 44,657	$ 734,273	$ 836,789	$ (131,951)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	75,998			75,998
Other comprehensive income, net of tax	6,326				6,326
Comprehensive income	82,324
Common stock dividends	(30,732)			(30,732)
Stock compensation expense	3,972		3,972
Stock option plan	517	41	476
Employee stock purchase plan	844	31	813
Restricted stock vesting, net of tax withholding	(1,661)	133	(1,794)
Balance at end of period at Jun. 30, 2023	1,539,032	44,862	737,740	882,055	(125,625)
Balance at beginning of period at Mar. 31, 2023	1,536,865	44,712	735,509	872,635	(115,991)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	24,745			24,745
Other comprehensive income, net of tax	(9,634)				(9,634)
Comprehensive income	15,111
Common stock dividends	(15,325)			(15,325)
Stock compensation expense	2,731		2,731
Stock option plan	366	34	332
Employee stock purchase plan	433	19	414
Restricted stock vesting, net of tax withholding	(1,149)	97	(1,246)
Balance at end of period at Jun. 30, 2023	1,539,032	44,862	737,740	882,055	(125,625)
Balance at beginning of period at Dec. 31, 2023	1,588,142	44,914	742,243	898,316	(97,331)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	43,179			43,179
Other comprehensive income, net of tax	(4,663)				(4,663)
Comprehensive income	38,516
Common stock dividends	(30,943)			(30,943)
Stock compensation expense	3,861		3,861
Stock option plan	109	10	99
Employee stock purchase plan	719	35	684
Restricted stock vesting, net of tax withholding	(1,400)	151	(1,551)
Balance at end of period at Jun. 30, 2024	1,599,004	45,110	745,336	910,552	(101,994)
Balance at beginning of period at Mar. 31, 2024	1,589,364	44,940	743,850	903,377	(102,803)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	22,807			22,807
Other comprehensive income, net of tax	809				809
Comprehensive income	23,616
Common stock dividends	(15,632)			(15,632)
Stock compensation expense	2,631		2,631
Employee stock purchase plan	368	19	349
Restricted stock vesting, net of tax withholding	(1,343)	151	(1,494)
Balance at end of period at Jun. 30, 2024	$ 1,599,004	$ 45,110	$ 745,336	$ 910,552	$ (101,994)

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - UNAUDITED (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Common stock dividends (in dollars per share)	$ 0.34	$ 0.34	$ 0.68	$ 0.68
Stock option plan (in shares)		33,391	9,938	40,921
Employee stock purchase plan (in shares)	18,454	19,718	35,102	31,539
Restricted stock (in shares)	151,070	96,763	151,070	132,855

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Operating activities:
Net income	$ 43,179	$ 75,998
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	12,675	10,948
Provision/ (credit) for credit losses	3,408	(16,481)
Share based compensation expense	3,861	3,972
Deferred income tax expense	2,290	7,806
Originations of loans held for sale	(177,723)	(194,320)
Proceeds from sales of loans held for sale	172,140	186,995
Gains on sales of loans held for sale	(2,542)	(2,445)
Investment securities gains	0	0
Tax (benefit)/ deficiency associated with share based compensation	516	305
Net increase in accrued interest receivable	(85)	(1,216)
Net increase in other assets	(11,237)	(10,424)
Net decrease in accrued expenses and other liabilities	(25,762)	(6,656)
Other, net	(93)	(191)
Net cash provided by operating activities	20,627	54,291
Investing activities:
Sales/ (purchases) of other investments	2,175
Sales/ (purchases) of other investments		(2,833)
Purchases of investments available-for-sale	(97,453)	0
Proceeds from sales of investment available-for-sale	0	0
Proceeds from maturities, calls and principal payments of investments available-for-sale	90,263	76,412
Proceeds from maturities, calls and principal payments of investments held-to-maturity	10,512	12,337
Net (increase)/ decrease in loans	(119,541)	27,075
Proceeds from the sales of other real estate owned	0	35
Expenditures for premises and equipment	(8,288)	(7,334)
Net cash provided by/ (used in) investing activities	(122,332)	105,692
Financing activities:
Net increase in deposits	344,026	6,243
Net increase/ (decrease) in retail repurchase agreements, federal funds purchased and Federal Reserve Bank borrowings	(299,994)	52,543
Proceeds from FHLB advances	0	2,030,000
Repayment of FHLB advances	(50,000)	(1,980,000)
Proceeds from issuance of common stock	947	1,521
Stock tendered for payment of withholding taxes	(1,519)	(1,821)
Cash dividends paid	(30,943)	(30,574)
Net cash provided by/ (used in) financing activities	(37,483)	77,912
Net increase/ (decrease) in cash and cash equivalents	(139,188)	237,895
Cash and cash equivalents at beginning of period	545,898	192,232
Cash and cash equivalents at end of period	406,710	430,127
Supplemental disclosures:
Interest payments	188,089	120,491
Income tax payments	11,367	22,750
Transfers from loans to other real estate owned	$ 2,700	$ 0

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Sandy Spring Bancorp, Inc. ("Bancorp" or, together with its subsidiaries, the "Company"), a Maryland corporation, is the bank holding company for Sandy Spring Bank (the “Bank”). Independent and community-oriented, the Bank offers a broad range of commercial banking, retail banking, mortgage services and trust services throughout central Maryland, Northern Virginia, and the greater Washington, D.C. market. The Bank also offers a comprehensive menu of wealth management services through its subsidiaries, West Financial Services, Inc. (“West Financial”) and SSB Wealth Management, Inc. (d/b/a Rembert Pendleton Jackson, "RPJ”) . Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”), prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, the interim financial statements do not include all of the information and notes required for complete financial statements. The following summary of significant accounting policies of the Company is presented to assist the reader in understanding the financial and other data presented in this report. Operating results for the six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2024. In the opinion of management, all adjustments necessary for a fair presentation of the results of the interim periods have been included. Certain prior period amounts have been reclassified to conform to the current period presentation. Such reclassifications had no impact on the Company's net income and shareholders' equity. The Company has evaluated subsequent events through the date of the issuance of its financial statements. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2023 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on February 20, 2024. There have been no significant changes to any of the Company’s accounting policies as disclosed in the 2023 Annual Report on Form 10-K. Principles of Consolidation The unaudited Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiary, Sandy Spring Bank, and its subsidiaries. Consolidation has resulted in the elimination of all intercompany accounts and transactions. Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, in addition to affecting the reported amounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for credit losses and the related allowance, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether available-for-sale debt securities with fair values less than amortized costs are impaired and require an allowance for credit losses, valuation of other real estate owned, valuation of share based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, the calculation of current and deferred income taxes, and the actuarial projections related to pension expense and the related liability. Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, federal funds sold and interest-bearing deposits with banks (items with stated original maturity of three months or less). Revenue from Contracts with Customers The Company’s revenue includes net interest income on financial instruments and non-interest income. Specific categories of revenue are presented in the Condensed Consolidated Statements of Income. Most of the Company’s revenue is not within the scope of Accounting Standard Codification (“ASC”) 606 – Revenue from Contracts with Customers. For revenue within the scope of ASC 606, the Company provides services to customers and has related performance obligations. The revenue from such services is recognized upon satisfaction of all contractual performance obligations. The following discusses key revenue streams within the scope of this revenue recognition guidance. West Financial and RPJ provide comprehensive investment management and financial planning services. Wealth management income is comprised of income for providing trust, estate and investment management services. Trust services include acting as a trustee for corporate or personal trusts. Investment management services include investment management, record-keeping and reporting of security portfolios. Fees for these services are recognized based on a contractually-agreed fixed percentage applied to net assets under management at the end of each reporting period. The Company does not charge/recognize any performance-based fees. Service charges on deposit accounts are earned on depository accounts for consumer and commercial account holders and include fees for account and overdraft services. Account services include fees for event-driven services and periodic account maintenance activities. An obligation for event-driven services is satisfied at the time of the event when service is delivered and revenue recognized as earned. Obligation for maintenance activities is satisfied over the course of each month and revenue is recognized at month end. The overdraft services obligation is satisfied at the time of the overdraft and revenue is recognized as earned. Loan Financing Receivables The Company’s financing receivables consist primarily of loans that are stated at their principal balance outstanding, net of any unearned income, acquisition fair value marks and deferred loan origination fees and costs. Interest income on loans is accrued at the contractual rate based on the principal balance outstanding. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. Loans are considered past due or delinquent when the principal or interest due in accordance with the contractual terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Immaterial shortfalls in payment amounts do not necessarily result in a loan being considered delinquent or past due. If any payments are past due and subsequent payments are resumed without payment of the delinquent amount, the loan shall continue to be considered past due. Whenever any loan is reported delinquent on a principal or interest payment or portion thereof, the amount reported as delinquent is the outstanding principal balance of the loan. Loans, except for consumer installment loans, are placed into non-accrual status when any portion of the loan principal or interest becomes 90 days past due. Management may determine that certain circumstances warrant earlier discontinuance of interest accruals on specific loans if an evaluation of other relevant factors (such as bankruptcy, interruption of cash flows, etc.) indicates collection of amounts contractually due is unlikely. These loans are considered, collectively, to be non-performing loans. Consumer installment loans that are not secured by real estate are not placed on non-accrual, but are charged down to their net realizable value when they are four months past due. Loans designated as non-accrual have all previously accrued but unpaid interest reversed. Interest income is not recognized on non-accrual loans. All payments received on non-accrual loans are applied using a cost-recovery method to reduce the outstanding principal balance until the loan returns to accrual status. Loans may be returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. On January 1, 2023, the Company adopted provisions of ASU 2022-02, "Financial Instruments - Credit Losses (Topic 326)", which eliminated accounting guidance for TDRs by creditors. Prior to the effective adoption date, the Company considered loans to be TDRs if their terms were restructured (e.g., interest rates, loan maturity date, payment and amortization period, etc.) in circumstances that provided a payment concession to a borrower experiencing financial difficulty. Loans could be removed from a TDR category if the borrower no longer experienced financial difficulty, a re-underwriting event took place, and the revised loan terms of the subsequent restructuring agreement were considered to be consistent with terms that could be obtained in the market for loans with comparable credit risk. Subsequent to the effective adoption date, the Company continues to offer modifications to certain borrowers experiencing financial difficulty, mainly in the form of interest rate concessions or term extensions, without classifying and accounting for them as TDRs. Allowance for Credit Losses The allowance for credit losses (“allowance” or “ACL”) represents an amount which, in management's judgment, reflects the lifetime expected losses that may be sustained on outstanding loans at the balance sheet date based on the evaluation of the size and current risk characteristics of the loan portfolio, past events, current conditions, reasonable and supportable forecasts of future economic conditions and prepayment experience. The allowance is measured and recorded upon the initial recognition of a financial asset. The allowance is reduced by charge-offs, net of recoveries of previous losses, and is increased or decreased by a provision or credit for credit losses, which is recorded as a current period expense. Determination of the appropriateness of the allowance is inherently complex and requires the use of significant and highly subjective estimates. The reasonableness of the allowance is reviewed by the Risk Committee of the Board of Directors and formally approved quarterly by that same committee of the Board. The Company’s methodology for estimating the allowance includes: (1) a collective quantified reserve that reflects the Company’s historical default and loss experience adjusted for expected economic conditions throughout a reasonable and supportable period, which management has determined to be two years, followed by a two year reversion period, and the Company’s prepayment and curtailment rates; (2) collective qualitative factors that consider the expected impact of certain factors not fully captured in the collective quantified reserve, including concentrations of the loan portfolio, expected changes to the economic forecasts, large relationships, early delinquencies, and factors related to credit administration, including, among others, loan-to-value ratios, borrowers’ risk rating and credit score migrations; and (3) individual allowances on collateral-dependent loans where borrowers are experiencing financial difficulty or when the Company determines that the foreclosure is probable. The Company excludes accrued interest from the measurement of the allowance as the Company has a non-accrual policy to reverse any accrued, uncollected interest income as loans are moved to non-accrual status. Loans are pooled into segments based on the similar risk characteristics of the underlying borrowers, in addition to consideration of collateral type, industry and business purpose of the loans. Portfolio segments used to estimate the allowance are the same as portfolio segments used for general credit risk management purposes. Refer to Note 3 for more details on the Company’s portfolio segments. The Company applies two calculation methodologies to estimate the collective quantified component of the allowance: expected loss method and weighted average remaining life method. Allowance estimates on commercial acquisition, development and construction (“AD&C”) and residential construction segments are based on the weighted average remaining life method. Allowance estimates on all other portfolio segments are based on the expected loss method. Collective calculation methodologies utilize the Company’s historical default and loss experience adjusted for future economic forecasts. The reasonable and supportable forecast period represents a two-year economic outlook for the applicable economic variables. Following the end of the reasonable and supportable forecast period expected losses revert back to the historical mean over the next two years on a straight-line basis. Economic variables that have the most significant impact on the allowance include: unemployment rate, gross domestic product, commercial real estate price index, residential real estate house price index and business bankruptcies. Contractual loan level cash flows within the expected loss methodology are adjusted for the Company’s historical prepayment and curtailment rate experience. The individual reserve assessment is applied to collateral dependent loans where borrowers are experiencing financial difficulty or when the Company determines that a foreclosure is probable. The determination of the fair value of the collateral depends on whether a repayment of the loan is expected to be from the sale or the operation of the collateral. When a repayment is expected from the operation of the collateral, the Company uses the present value of expected cash flows from the operation of the collateral as the fair value. When the repayment of the loan is expected from the sale of the collateral the fair value of the collateral is based on an observable market price or the collateral’s appraised value, less estimated costs to sell. Third-party appraisals used in the individual reserve assessment are conducted at least annually with underlying assumptions that are reviewed by management. Third-party appraisals may be obtained on a more frequent basis if deemed necessary. Internal evaluations of collateral value are conducted quarterly to ensure any further deterioration of the collateral value is recognized on a timely basis. During the individual reserve assessment, management also considers the potential future changes in the value of the collateral over the remainder of the loan’s remaining life. The Company may receive updated appraisals which contradict the preliminary determination of fair value used to establish an individual allowance on a loan. In these instances the individual allowance is adjusted to reflect the Company’s evaluation of the updated appraised fair value. In the event a loss was previously determined and the loan was charged down to the estimated fair value based on a previous appraisal, the balance of the partially charged-off loan is not subsequently increased, but could be further decreased depending on the direction of the change in fair value. Payments on fully or partially charged-off loans are accounted for under the cost-recovery method. Under this method, all payments received are applied on a cash basis to reduce the outstanding principal balance, then to recognize a recovery of all previously charged-off amounts before any interest income may be recognized. Based on the individual reserve assessment, if the Company determines that the fair value of the collateral is less than the amortized cost basis of the loan, an individual allowance will be established measured as the difference between the fair value of the collateral (less costs to sell) and the amortized cost basis of the loan. Once a loss has been determined, the loan is charged-down to its estimated fair value. Large groups of smaller non-accrual homogeneous loans are not individually evaluated for allowance and include residential permanent and construction mortgages and consumer installment loans. These portfolios are reserved for on a collective basis using historical loss rates of similar loans over the weighted average life of each portfolio. Unfunded lending commitments are reviewed to determine if they are considered unconditionally cancellable. The Company establishes reserves for unfunded commitments that do not meet that criteria as a liability in the Condensed Consolidated Statements of Condition. Changes to the liability are recorded through the provision for credit losses in the Condensed Consolidated Statements of Income. The establishment of the reserves for unfunded commitments considers both the likelihood that the funding will occur and an estimate of the expected credit losses over the life of the respective commitments. Management believes it uses relevant information available to make determinations about the allowance and reserve for unfunded commitments and that it has established the existing reserves in accordance with GAAP. However, the determination of the allowance requires significant judgment, and estimates of expected lifetime losses in the loan portfolio can vary significantly from the amounts actually observed. While management uses available information to recognize expected losses, future additions to the allowance may be necessary based on changes in the loans comprising the portfolio, changes in the current and forecasted economic conditions, changes to the interest rate environment which may directly impact prepayment and curtailment rate assumptions, and changes in the financial condition of borrowers. Held-to-maturity debt securities Debt securities that are purchased with the positive intent and ability to be held until their maturity are classified as held-to-maturity (“HTM”). HTM debt securities are recorded at cost adjusted for amortization of premiums and accretion of discounts. Transfers of debt securities from available-for-sale ("AFS") category to HTM category are made at fair value as of the transfer date. The unrealized gain or loss at the date of transfer continues to be reported in accumulated other comprehensive income and in the carrying amount of the HTM securities. Both amounts are amortized over the remaining life of the security as a yield adjustment in interest income and effectively offset each other. Leases The Company determines if an arrangement is a lease at inception. All of the Company’s leases are currently classified as operating leases and are included in other assets and other liabilities on the Company’s Condensed Consolidated Statements of Condition. Periodic operating lease costs are recorded in occupancy expenses of premises on the Company's Condensed Consolidated Statements of Income. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term, and lease liabilities represent the Company’s obligation to make lease payments arising from the lease arrangements. Operating lease ROU assets and liabilities are recognized at the lease commencement date based on the present value of the expected future lease payments over the remaining lease term. In determining the present value of future lease payments, the Company uses its incremental borrowing rate based on the information available at the lease commencement date. The operating ROU assets are adjusted for any lease payments made at or before the lease commencement date, initial direct costs, any lease incentives received and, for acquired leases, any favorable or unfavorable fair value adjustments. The present value of the lease liability may include the impact of options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options provided in the lease terms. Lease expense is recognized on a straight-line basis over the expected lease term. Lease agreements that include lease and non-lease components, such as common area maintenance charges, are accounted for separately. Segment Reporting Operating segments are components of a business about which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assessing performance. The Bank is the Company’s only reportable operating segment upon which management makes decisions regarding how to allocate resources and assess performance. While the Company’s chief operating decision maker has some limited financial information about the Bank's various financial products and services, that information is not complete since it does not include a full allocation of revenue, costs, and capital from key corporate functions; therefore, the Company evaluates financial performance on the Company-wide basis. Management continues to evaluate these business units for separate reporting as facts and circumstances change. Goodwill and Other Intangible Assets Goodwill represents the excess purchase price paid over the fair value of the net assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The current accounting guidance provides the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The Company assesses qualitative factors on a quarterly basis. Based on the assessment of these qualitative factors, if it is determined that it is more likely than not that the fair value of a reporting unit remains in excess of the carrying value, then performing a quantitative impairment test is not necessary. However, if it is determined that it is more likely than not that the carrying value exceeds the fair value, a quantitative analysis is required to determine whether an impairment exists. As of October 1, 2023, the Company’s annual goodwill impairment assessment date, the Company performed an impairment test for its two reporting units: Community Banking and Investment Management. The results of the 2023 annual goodwill impairment test for the two reporting units, which included both qualitative and quantitative assessments, indicated that the estimated fair value of each reporting unit exceeded its carrying amount and that the goodwill assigned to the Community Banking reporting unit may be at risk of impairment in future periods. The Company provided detailed disclosures regarding the 2023 impairment analysis and the results of the testing in its annual financial statements for the year ended December 31, 2023 in its 2023 Annual Report on Form 10-K. In addition to the annual impairment testing process, on a quarterly basis, the Company monitors each reporting unit for any triggering events and performs qualitative assessments of impairment indicators. During the second quarter of 2024, the Company determined that there were no triggering events and completed the qualitative assessment of impairment indicators, which included an assessment of changes in macroeconomic conditions and comparison of the actual operating performance to the forecast used in the most recent annual impairment test. Based on these considerations, the Company concluded that it was more-likely-than-not that the fair value of our reporting units remained above the respective carrying amounts as of June 30, 2024. Other intangible assets have finite lives and are reviewed for impairment annually. These assets are amortized over their estimated useful lives on a straight-line or sum-of-the-years basis over varying periods that initially did not exceed 15 years. Intangible assets are reviewed or analyzed periodically to determine if it appears that their value has diminished beyond the value in the financial statements. The review or analysis of the intangible assets did not indicate that any impairment occurred during the second quarter of 2024. Adopted Accounting Pronouncements 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". ASU 2023-02 allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. The amendment in this ASU also removes the specialized guidance for low-income-housing tax credit investments that are not accounted for using the proportional amortization method and instead require that those LIHTC investments be accounted for using the guidance in other GAAP. The Company fully adopted this update effective January 1, 2024 on a prospective basis. The adoption of this pronouncement did not have a material impact on the Condensed Consolidated Financial Statements. Pending Accounting Pronouncements applicable to the Company In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures", which requires public entities to disclose information about their reportable segments' significant expenses on an interim and annual basis. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Entities must adopt this ASU on a retrospective basis. Early adoption is permitted. Currently, the Company does not expect that the adoption of this standard will have a material impact on its Consolidated Financial Statements. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. ASU 2023-09 improves the transparency of income tax disclosures by requiring entities to provide greater disaggregation of information on income taxes paid and on the rate reconciliation disclosures. This pronouncement also requires qualitative discussion of the primary state and local jurisdictions for income taxes and the type of reconciling categories. For public business entities, this ASU is effective for fiscal years beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company does not expect that the adoption of this standard will have a material impact on its Consolidated Financial Statements.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	INVESTMENTS Investments available-for-sale and held-to-maturity The amortized cost and estimated fair values of investments available-for-sale and held-to-maturity at the dates indicated are presented in the following table: June 30, 2024 December 31, 2023 (In thousands) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Available-for-sale debt securities: U.S. treasuries and government agencies $ 87,052 $ — $ (4,093) $ 82,959 $ 101,678 $ — $ (4,751) $ 96,927 State and municipal 310,073 1 (48,179) 261,895 311,505 1 (43,292) 268,214 Mortgage-backed and asset-backed 829,843 82 (72,933) 756,992 807,636 181 (70,277) 737,540 Total available-for-sale debt securities $ 1,226,968 $ 83 $ (125,205) $ 1,101,846 $ 1,220,819 $ 182 $ (118,320) $ 1,102,681 Held-to-maturity debt securities: Mortgage-backed and asset-backed 226,233 — (38,844) 187,389 236,165 — (35,754) 200,411 Total held-to-maturity debt securities $ 226,233 $ — $ (38,844) $ 187,389 $ 236,165 $ — $ (35,754) $ 200,411 Total debt securities $ 1,453,201 $ 83 $ (164,049) $ 1,289,235 $ 1,456,984 $ 182 $ (154,074) $ 1,303,092 Any unrealized losses in the U.S. treasuries and government agencies, state and municipal, mortgage-backed and asset-backed available-for-sale debt securities at June 30, 2024 are due to changes in interest rates and not credit-related events. As such, no allowance for credit losses is required at June 30, 2024. Unrealized losses on available-for-sale debt securities are expected to recover over time as these securities approach maturity. The Company does not intend to sell, nor is it more likely than not it will be required to sell, these securities and has sufficient liquidity to hold these securities for an adequate period of time, which may be maturity, to allow for any anticipated recovery in fair value. All held-to-maturity investments are either issued by a direct governmental entity or a government-sponsored entity and have no historical evidence supporting expected credit losses. Therefore, the Company has estimated these losses at zero and will monitor this assumption in the future for any economic or governmental policies that could affect this assumption. The available-for-sale and held-to-maturity mortgage-backed securities portfolio at June 30, 2024 is composed entirely of either the most senior tranches of GNMA, FNMA or FHLMC collateralized mortgage obligations ($459.5 million), GNMA, FNMA or FHLMC mortgage-backed securities ($552.4 million) or SBA asset-backed securities ($44.2 million). Accrued interest receivable on investment securities totaled $5.4 million at both June 30, 2024 and December 31, 2023, and is excluded from the amortized cost and fair value of the securities. Gross unrealized losses and fair value by length of time that the individual available-for-sale debt securities have been in an unrealized loss position at the dates indicated are presented in the following table: June 30, 2024 Number Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. treasuries and government agencies 8 $ — $ — $ 82,959 $ 4,093 $ 82,959 $ 4,093 State and municipal 123 3,935 17 254,490 48,162 258,425 48,179 Mortgage-backed and asset-backed 342 98,381 552 635,082 72,381 733,463 72,933 Total 473 $ 102,316 $ 569 $ 972,531 $ 124,636 $ 1,074,847 $ 125,205 December 31, 2023 Number Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. treasuries and government agencies 10 $ — $ — $ 96,927 $ 4,751 $ 96,927 $ 4,751 State and municipal 123 4,162 84 262,081 43,208 266,243 43,292 Mortgage-backed and asset-backed 321 22,731 106 691,281 70,171 714,012 70,277 Total 454 $ 26,893 $ 190 $ 1,050,289 $ 118,130 $ 1,077,182 $ 118,320 The Company has allocated mortgage-backed securities into the four maturity groupings reflected in the following tables using the expected average life of the individual securities based on statistics provided by independent third-party industry sources. Expected maturities will differ from contractual maturities as borrowers may have the right to prepay obligations with or without prepayment penalties. The estimated fair values and amortized costs of available-for-sale and held-to-maturity debt securities by contractual maturity are provided in the following tables: June 30, 2024 December 31, 2023 (In thousands) Fair Value Amortized Cost Fair Value Amortized Cost Available-for-sale debt securities U.S. treasuries and government agencies: One year or less $ 12,581 $ 12,893 $ 17,798 $ 17,979 One to five years 70,378 74,159 79,129 83,699 Five to ten years — — — — After ten years — — — — State and municipal: One year or less 29,274 29,516 22,345 22,793 One to five years 29,372 30,785 33,282 34,288 Five to ten years 54,040 64,547 46,355 54,487 After ten years 149,209 185,225 166,232 199,937 Mortgage-backed and asset-backed: One year or less 35,077 35,406 20,814 21,111 One to five years 21,428 22,031 29,823 30,666 Five to ten years 269,833 293,333 256,924 280,209 After ten years 430,654 479,073 429,979 475,650 Total available-for-sale debt securities $ 1,101,846 $ 1,226,968 $ 1,102,681 $ 1,220,819 June 30, 2024 December 31, 2023 (In thousands) Fair Value Amortized Cost Fair Value Amortized Cost Held-to-maturity debt securities Mortgage-backed and asset-backed: One year or less $ — $ — $ — $ — One to five years — — — — Five to ten years 29,041 32,194 31,434 34,458 After ten years 158,348 194,039 168,977 201,707 Total held-to-maturity debt securities $ 187,389 $ 226,233 $ 200,411 $ 236,165 At June 30, 2024 and December 31, 2023, available-for-sale and held-to-maturity debt securities with a book value of $476.8 million and $729.0 million, respectively, were pledged and designated as collateral for certain government deposits, public and trust funds, securities sold under repurchase agreements and other purposes as required or permitted by law. The outstanding balance of no single issuer, except for U.S. Agencies securities, exceeded ten percent of stockholders' equity at June 30, 2024 and December 31, 2023. Other investments Other investments are presented in the following table: (In thousands) June 30, 2024 December 31, 2023 Federal Reserve Bank stock, at cost $ 39,189 $ 39,125 Federal Home Loan Bank of Atlanta stock, at cost 33,566 35,805 Other 677 677 Total other investments, at cost $ 73,432 $ 75,607

LOANS

LOANS	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
LOANS	LOANS Outstanding loan balances at June 30, 2024 and December 31, 2023 are net of unearned income, including net deferred loan fees of $7.5 million and $7.0 million, respectively, at the end of each period. Accrued interest receivable of $41.3 million and $41.2 million at June 30, 2024 and December 31, 2023, respectively, are excluded from the amortized cost of the loans. The loan portfolio segment balances at the dates indicated are presented in the following table: (In thousands) June 30, 2024 December 31, 2023 Commercial real estate: Commercial investor real estate $ 4,933,329 $ 5,104,425 Commercial owner-occupied real estate 1,747,708 1,755,235 Commercial AD&C 1,184,296 988,967 Commercial business 1,601,510 1,504,880 Total commercial loans 9,466,843 9,353,507 Residential real estate: Residential mortgage 1,521,890 1,474,521 Residential construction 78,027 121,419 Consumer 417,161 417,542 Total residential and consumer loans 2,017,078 2,013,482 Total loans $ 11,483,921 $ 11,366,989 Portfolio Segments The Company currently manages its credit products and the respective exposure to credit losses (credit risk) by the following specific portfolio segments (classes) which are levels at which the Company develops and documents its systematic methodology to determine the allowance for credit losses attributable to each respective portfolio segment. These segments are: • Commercial investor real estate loans - Commercial investor real estate loans consist of loans secured by nonowner-occupied properties where an established banking relationship exists and involves investment properties for warehouse, retail, and office space with a history of occupancy and cash flow. This commercial investor real estate category contains mortgage loans to the developers and owners of commercial real estate where the borrower intends to operate or sell the property at a profit and use the income stream or proceeds from the sale(s) to repay the loan. • Commercial owner-occupied real estate loans - Commercial owner-occupied real estate loans consist of commercial mortgage loans secured by owner-occupied properties where an established banking relationship exists and involves a variety of property types to conduct the borrower’s operations. The decision to extend a loan is based upon the borrower’s financial health and the ability of the borrower and the business to repay. The primary source of repayment for this type of loan is the cash flow from the operations of the business. • Commercial acquisition, development and construction loans - Commercial acquisition, development and construction loans are intended to finance the construction of commercial properties and include loans for the acquisition and development of land. Construction loans represent a higher degree of risk than permanent real estate loans and may be affected by a variety of additional factors such as the borrower’s ability to control costs and adhere to time schedules and the risk that constructed units may not be absorbed by the market within the anticipated time frame or at the anticipated price. The loan commitment on these loans often includes an interest reserve that allows the lender to periodically advance loan funds to pay interest charges on the outstanding balance of the loan. • Commercial business loans - Commercial business loans are made to provide funds for equipment and general corporate needs. Repayment of a loan primarily comes from the funds obtained from the operation of the borrower’s business. Commercial business loans also include lines of credit that are utilized to finance a borrower’s short-term credit needs and/or to finance a percentage of eligible receivables and inventory. • Residential mortgage loans - The residential mortgage loans category contains permanent mortgage loans principally to consumers secured by residential real estate. Residential real estate loans are evaluated for the adequacy of repayment sources at the time of approval, based upon measures including credit scores, debt-to-income ratios, and collateral values. Loans may be either conforming or non-conforming. • Residential construction loans - The Company makes residential construction loans generally to provide interim financing on residential property during the construction period. Borrowers are typically individuals who will ultimately occupy the single-family dwelling. Loan funds are disbursed periodically as pre-specified stages of completion are attained based upon site inspections . • Consumer loans - This category of loans includes primarily home equity loans and lines, installment loans, personal lines of credit, and other loans. The home equity category consists mainly of revolving lines of credit to consumers which are secured by residential real estate. These loans are typically secured with second mortgages on the homes. Other consumer loans include installment loans used by customers to purchase automobiles, boats and recreational vehicles.

CREDIT QUALITY ASSESSMENT

CREDIT QUALITY ASSESSMENT	6 Months Ended
	Jun. 30, 2024
Credit Loss [Abstract]
CREDIT QUALITY ASSESSMENT	CREDIT QUALITY ASSESSMENT Allowance for Credit Losses Summary information on the allowance for credit losses on loans for the period indicated is provided in the following table: Six Months Ended June 30, (In thousands) 2024 2023 Balance at beginning of period $ 120,865 $ 136,242 Provision/ (credit) for credit losses - loans (1) 6,292 (14,491) Loan charge-offs (1,939) (2,265) Loan recoveries 645 801 Net charge-offs (1,294) (1,464) Balance at period end $ 125,863 $ 120,287 (1) Excludes the total credit to the provision on unfunded loan commitments for the six months ended June 30, 2024 and June 30, 2023 of $2.9 million and $2.0 million, respectively. The following table provides summary information regarding collateral dependent loans individually evaluated for credit loss at the dates indicated: (In thousands) June 30, 2024 December 31, 2023 Collateral dependent loans individually evaluated for credit loss with an allowance $ 69,122 $ 72,179 Collateral dependent loans individually evaluated for credit loss without an allowance 19,645 15,989 Total individually evaluated collateral dependent loans $ 88,767 $ 88,168 Allowance for credit losses related to loans evaluated individually $ 23,042 $ 24,000 Allowance for credit losses related to loans evaluated collectively 102,821 96,865 Total allowance for credit losses - loans $ 125,863 $ 120,865 The following tables provide information on the activity in the allowance for credit losses by the respective loan portfolio segment for the period indicated: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (Dollars in thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Balance at beginning of period $ 61,439 $ 7,536 $ 8,287 $ 31,932 $ 8,890 $ 729 $ 2,052 $ 120,865 Provision/ (credit) for credit losses - loans 2,454 (713) 3,843 (210) 631 (367) 654 6,292 Charge-offs (1) — — (1,551) (50) — (337) (1,939) Recoveries 6 54 306 29 17 — 233 645 Net (charge-offs)/ recoveries 5 54 306 (1,522) (33) — (104) (1,294) Balance at end of period $ 63,898 $ 6,877 $ 12,436 $ 30,200 $ 9,488 $ 362 $ 2,602 $ 125,863 Total loans $ 4,933,329 $ 1,747,708 $ 1,184,296 $ 1,601,510 $ 1,521,890 $ 78,027 $ 417,161 $ 11,483,921 Allowance for credit losses on loans to total loans ratio 1.30 % 0.39 % 1.05 % 1.89 % 0.62 % 0.46 % 0.62 % 1.10 % Average loans $ 5,010,870 $ 1,740,074 $ 1,082,134 $ 1,530,067 $ 1,505,013 $ 98,547 $ 417,372 $ 11,384,077 Annualized net charge-offs/ (recoveries) to average loans — % (0.01) % (0.06) % 0.20 % — % — % 0.05 % 0.02 % Balance of loans individually evaluated for credit loss $ 68,782 $ 9,403 $ 2,127 $ 8,455 $ — $ — $ — $ 88,767 Allowance related to loans evaluated individually $ 16,506 $ 1,093 $ 102 $ 5,341 $ — $ — $ — $ 23,042 Individual allowance to loans evaluated individually ratio 24.00 % 11.62 % 4.80 % 63.17 % — % — % — % 25.96 % Contractual balance of individually evaluated loans $ 69,948 $ 10,488 $ 2,152 $ 9,604 $ — $ — $ — $ 92,192 Balance of loans collectively evaluated for credit loss $ 4,864,547 $ 1,738,305 $ 1,182,169 $ 1,593,055 $ 1,521,890 $ 78,027 $ 417,161 $ 11,395,154 Allowance related to loans evaluated collectively $ 47,392 $ 5,784 $ 12,334 $ 24,859 $ 9,488 $ 362 $ 2,602 $ 102,821 Collective allowance to loans evaluated collectively ratio 0.97 % 0.33 % 1.04 % 1.56 % 0.62 % 0.46 % 0.62 % 0.90 % For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (Dollars in thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Balance at beginning of period $ 64,737 $ 11,646 $ 18,646 $ 28,027 $ 9,424 $ 1,337 $ 2,425 $ 136,242 Provision for credit losses - loans (3,323) (4,215) (10,359) 4,051 (488) (608) 1,048 (13,894) Charge-offs — — — (449) (160) — (2,005) (2,614) Recoveries 25 105 — 303 114 — 584 1,131 Net (charge-offs)/ recoveries 25 105 — (146) (46) — (1,421) (1,483) Balance at end of period $ 61,439 $ 7,536 $ 8,287 $ 31,932 $ 8,890 $ 729 $ 2,052 $ 120,865 Total loans $ 5,104,425 $ 1,755,235 $ 988,967 $ 1,504,880 $ 1,474,521 $ 121,419 $ 417,542 $ 11,366,989 Allowance for credit losses on loans to total loans ratio 1.20 % 0.43 % 0.84 % 2.12 % 0.60 % 0.60 % 0.49 % 1.06 % Average loans $ 5,133,279 $ 1,766,839 $ 1,023,669 $ 1,440,382 $ 1,380,496 $ 187,599 $ 421,963 $ 11,354,227 Net charge-offs/ (recoveries) to average loans — % (0.01) % — % 0.01 % — % — % 0.34 % 0.01 % Balance of loans individually evaluated for credit loss $ 72,218 $ 4,640 $ 1,259 $ 10,051 $ — $ — $ — $ 88,168 Allowance related to loans evaluated individually $ 15,353 $ 1,159 $ 102 $ 7,386 $ — $ — $ — $ 24,000 Individual allowance to loans evaluated individually ratio 21.26 % 24.98 % 8.10 % 73.49 % — % — % — % 27.22 % Contractual balance of individually evaluated loans $ 72,712 $ 5,623 $ 1,270 $ 11,500 $ — $ — $ — $ 91,105 Balance of loans collectively evaluated for credit loss $ 5,032,207 $ 1,750,595 $ 987,708 $ 1,494,829 $ 1,474,521 $ 121,419 $ 417,542 $ 11,278,821 Allowance related to loans evaluated collectively $ 46,086 $ 6,377 $ 8,185 $ 24,546 $ 8,890 $ 729 $ 2,052 $ 96,865 Collective allowance to loans evaluated collectively ratio 0.92 % 0.36 % 0.83 % 1.64 % 0.60 % 0.60 % 0.49 % 0.86 % Credit Quality The following tables provide information on the credit quality of the loan portfolio for the periods indicated below: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Analysis of non-accrual loan activity: Balance at beginning of period $ 58,658 $ 4,640 $ 1,259 $ 10,051 $ 12,332 $ 443 $ 4,102 $ 91,485 Loans placed on non-accrual 1,085 5,076 1,571 1,653 1,168 — 975 11,528 Non-accrual balances transferred to OREO (2,700) — — — — — — (2,700) Non-accrual balances charged-off (1) — — (1,549) — — — (1,550) Net payments or draws (1,544) (313) (703) (1,700) (701) 96 (579) (5,444) Non-accrual loans brought current — — — — (571) — (98) (669) Balance at end of period $ 55,498 $ 9,403 $ 2,127 $ 8,455 $ 12,228 $ 539 $ 4,400 $ 92,650 For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Analysis of non-accrual loan activity: Balance at beginning of period $ 9,943 $ 5,019 $ — $ 7,322 $ 7,439 $ — $ 5,059 $ 34,782 Loans placed on non-accrual 62,725 — 2,111 6,271 7,871 449 2,450 81,877 Non-accrual balances transferred to OREO — — — — — — — — Non-accrual balances charged-off — — — (441) (160) — (1,757) (2,358) Net payments or draws (14,010) (379) (852) (2,588) (1,667) (6) (1,528) (21,030) Non-accrual loans brought current — — — (513) (1,151) — (122) (1,786) Balance at end of period $ 58,658 $ 4,640 $ 1,259 $ 10,051 $ 12,332 $ 443 $ 4,102 $ 91,485 June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Performing loans: Current $ 4,873,362 $ 1,736,874 $ 1,181,407 $ 1,590,529 $ 1,497,566 $ 76,749 $ 411,670 $ 11,368,157 30-59 days 3,219 1,160 — 2,339 11,165 739 1,036 19,658 60-89 days 1,250 271 762 187 592 — 55 3,117 Total performing loans 4,877,831 1,738,305 1,182,169 1,593,055 1,509,323 77,488 412,761 11,390,932 Non-performing loans: Non-accrual loans 55,498 9,403 2,127 8,455 12,228 539 4,400 92,650 Loans greater than 90 days past due — — — — 339 — — 339 Total non-performing loans 55,498 9,403 2,127 8,455 12,567 539 4,400 92,989 Total loans $ 4,933,329 $ 1,747,708 $ 1,184,296 $ 1,601,510 $ 1,521,890 $ 78,027 $ 417,161 $ 11,483,921 December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Performing loans: Current $ 5,044,647 $ 1,748,449 $ 986,859 $ 1,494,426 $ 1,445,785 $ 118,976 $ 409,607 $ 11,248,749 30-59 days 1,120 2,056 849 383 14,026 2,000 3,298 23,732 60-89 days — 90 — — 2,036 — 535 2,661 Total performing loans 5,045,767 1,750,595 987,708 1,494,809 1,461,847 120,976 413,440 11,275,142 Non-performing loans: Non-accrual loans 58,658 4,640 1,259 10,051 12,332 443 4,102 91,485 Loans greater than 90 days past due — — — 20 342 — — 362 Total non-performing loans 58,658 4,640 1,259 10,071 12,674 443 4,102 91,847 Total loans $ 5,104,425 $ 1,755,235 $ 988,967 $ 1,504,880 $ 1,474,521 $ 121,419 $ 417,542 $ 11,366,989 The following tables present the average principal balance of total non-accrual loans and contractual interest due on non-accrual loans for the periods indicated below: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Average non-accrual loans for the period $ 56,578 $ 6,146 $ 1,314 $ 8,557 $ 12,131 $ 508 $ 4,171 $ 89,405 Contractual interest income due on non- accrual loans during the period $ 1,769 $ 190 $ 40 $ 320 $ 313 $ 13 $ 200 $ 2,845 For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Average non-accrual loans for the period $ 28,650 $ 4,795 $ 812 $ 9,640 $ 10,547 $ 223 $ 4,146 $ 58,813 Contractual interest income due on non- accrual loans during the period $ 760 $ 298 $ 41 $ 716 $ 432 $ 6 $ 299 $ 2,552 There was no interest income recognized on non-accrual loans during the six months ended June 30, 2024. See Note 1 for additional information on the Company's policies for non-accrual loans. Loans designated as non-accrual have all previously accrued but unpaid interest reversed from interest income. During the six months ended June 30, 2024 new loans placed on non-accrual status totaled $11.5 million and the related amount of reversed uncollected accrued interest was $0.2 million. The credit quality indicators for commercial loans are developed through review of individual borrowers on an ongoing basis. Each borrower is evaluated at least annually with more frequent evaluations of classified and criticized loans. The indicators represent the rating for loans as of the date presented and are based on the most recent credit review performed. These credit quality indicators are defined as follows: Pass - A pass rated credit is not adversely classified because it does not display any of the characteristics for adverse classification. Special mention – A special mention credit has potential weaknesses that deserve management’s close attention. If uncorrected, such weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification. Substandard – A substandard loan is inadequately protected by the current net worth and payment capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These loans are characterized by the distinct possibility of loss if the deficiencies are not corrected. Doubtful – A loan that is classified as doubtful has all the weaknesses inherent in a loan classified as substandard with added characteristics that the weaknesses make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions and values. Loss – Loans classified as a loss are considered uncollectible and of such little value that their continuing to be carried as a loan is not warranted. This classification is not necessarily equivalent to no potential for recovery or salvage value, but rather that it is not appropriate to defer a full write-off even though partial recovery may be effected in the future. The following table provides information about credit quality indicators by the year of origination as of June 30, 2024: June 30, 2024 Term Loans by Origination Year (1) Revolving (In thousands) 2024 2023 2022 2021 2020 Prior Loans Total Commercial Investor R/E: Pass $ 195,837 $ 309,794 $ 1,301,450 $ 1,161,385 $ 577,096 $ 1,199,951 $ 27,983 $ 4,773,496 Special Mention 21,360 5,580 — 309 15,790 23,334 — 66,373 Substandard 32,254 3,585 455 28,244 996 27,926 — 93,460 Doubtful — — — — — — — — Total $ 249,451 $ 318,959 $ 1,301,905 $ 1,189,938 $ 593,882 $ 1,251,211 $ 27,983 $ 4,933,329 Current period gross charge-offs $ — $ — $ — $ 1 $ — $ — $ — $ 1 Commercial Owner-Occupied R/E: Pass $ 91,204 $ 114,232 $ 349,017 $ 307,859 $ 230,851 $ 613,978 $ 5,226 $ 1,712,367 Special Mention 32 3,460 1,800 58 863 9,844 — 16,057 Substandard — 570 2,800 2,963 336 12,615 — 19,284 Doubtful — — — — — — — — Total $ 91,236 $ 118,262 $ 353,617 $ 310,880 $ 232,050 $ 636,437 $ 5,226 $ 1,747,708 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial AD&C: Pass $ 195,714 $ 300,538 $ 358,564 $ 136,334 $ 4,942 $ — $ 134,460 $ 1,130,552 Special Mention 2,121 — 27,994 21,502 — — — 51,617 Substandard 122 1,571 434 — — — — 2,127 Doubtful — — — — — — — — Total $ 197,957 $ 302,109 $ 386,992 $ 157,836 $ 4,942 $ — $ 134,460 $ 1,184,296 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Business: Pass $ 190,155 $ 180,085 $ 315,120 $ 181,772 $ 81,362 $ 160,139 $ 445,419 $ 1,554,052 Special Mention 675 711 3,919 1,689 274 605 20,945 28,818 Substandard 3,111 2,137 1,377 2,576 1,274 2,097 6,068 18,640 Doubtful — — — — — — — — Total $ 193,941 $ 182,933 $ 320,416 $ 186,037 $ 82,910 $ 162,841 $ 472,432 $ 1,601,510 Current period gross charge-offs $ — $ — $ 612 $ — $ — $ 939 $ — $ 1,551 Residential Mortgage: Beacon score: 660-850 $ 15,561 $ 41,076 $ 509,458 $ 395,278 $ 161,201 $ 288,775 $ — $ 1,411,349 600-659 10 1,114 14,701 19,073 3,787 25,967 — 64,652 540-599 — 1,200 2,237 3,140 2,976 10,997 — 20,550 less than 540 — 527 1,306 5,088 1,745 16,673 — 25,339 Total $ 15,571 $ 43,917 $ 527,702 $ 422,579 $ 169,709 $ 342,412 $ — $ 1,521,890 Current period gross charge-offs $ — $ — $ — $ 50 $ — $ — $ — $ 50 Residential Construction: Beacon score: 660-850 $ 3,544 $ 27,132 $ 27,805 $ 12,201 $ 2,082 $ 150 $ — $ 72,914 600-659 — — — — — 1,308 — 1,308 540-599 539 — 1,766 — 1,500 — — 3,805 less than 540 — — — — — — — — Total $ 4,083 $ 27,132 $ 29,571 $ 12,201 $ 3,582 $ 1,458 $ — $ 78,027 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer: Beacon score: 660-850 $ 5,524 $ 8,412 $ 4,209 $ 1,657 $ 694 $ 26,383 $ 330,123 $ 377,002 600-659 191 1,731 201 62 60 2,640 15,256 20,141 540-599 4 394 417 122 146 2,617 4,195 7,895 less than 540 68 351 287 256 179 2,593 8,389 12,123 Total $ 5,787 $ 10,888 $ 5,114 $ 2,097 $ 1,079 $ 34,233 $ 357,963 $ 417,161 Current period gross charge-offs $ — $ — $ — $ 5 $ — $ 14 $ 318 $ 337 Total loans $ 758,026 $ 1,004,200 $ 2,925,317 $ 2,281,568 $ 1,088,154 $ 2,428,592 $ 998,064 $ 11,483,921 (1) Includes new loan originations, loan renewals and loan extensions. The following table provides information about credit quality indicators by the year of origination as of December 31, 2023: December 31, 2023 Term Loans by Origination Year (1) Revolving (In thousands) 2023 2022 2021 2020 2019 Prior Loans Total Commercial Investor R/E: Pass $ 405,740 $ 1,395,973 $ 1,195,708 $ 634,361 $ 511,146 $ 848,958 $ 23,653 $ 5,015,539 Special Mention 9,250 — 316 — — 1,978 — 11,544 Substandard 30,792 465 30,927 — — 14,410 748 77,342 Doubtful — — — — — — — — Total $ 445,782 $ 1,396,438 $ 1,226,951 $ 634,361 $ 511,146 $ 865,346 $ 24,401 $ 5,104,425 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Owner-Occupied R/E: Pass $ 136,072 $ 361,247 $ 318,269 $ 238,761 $ 235,145 $ 428,846 $ 5,621 $ 1,723,961 Special Mention 406 70 2,240 875 2,267 8,616 — 14,474 Substandard 2,562 3,634 801 343 5,866 3,594 — 16,800 Doubtful — — — — — — — — Total $ 139,040 $ 364,951 $ 321,310 $ 239,979 $ 243,278 $ 441,056 $ 5,621 $ 1,755,235 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial AD&C: Pass $ 334,918 $ 288,732 $ 178,889 $ 28,954 $ — $ — $ 155,889 $ 987,382 Special Mention — — — — — — — — Substandard 1,016 569 — — — — — 1,585 Doubtful — — — — — — — — Total $ 335,934 $ 289,301 $ 178,889 $ 28,954 $ — $ — $ 155,889 $ 988,967 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Business: Pass $ 247,081 $ 344,034 $ 202,020 $ 92,198 $ 62,413 $ 118,061 $ 410,856 $ 1,476,663 Special Mention 532 45 180 1,037 1,040 294 3,635 6,763 Substandard 6,725 2,073 2,281 917 1,925 1,571 5,962 21,454 Doubtful — — — — — — — — Total $ 254,338 $ 346,152 $ 204,481 $ 94,152 $ 65,378 $ 119,926 $ 420,453 $ 1,504,880 Current period gross charge-offs $ — $ 9 $ 324 $ — $ — $ 116 $ — $ 449 Residential Mortgage: Beacon score: 660-850 $ 31,853 $ 476,631 $ 394,414 $ 166,387 $ 41,473 $ 266,927 $ — $ 1,377,685 600-659 781 7,022 18,284 2,009 1,882 24,040 — 54,018 540-599 — 1,545 2,698 2,371 1,891 9,377 — 17,882 less than 540 229 2,042 3,351 2,424 2,533 14,357 — 24,936 Total $ 32,863 $ 487,240 $ 418,747 $ 173,191 $ 47,779 $ 314,701 $ — $ 1,474,521 Current period gross charge-offs $ — $ — $ 43 $ — $ 10 $ 107 $ — $ 160 Residential Construction: Beacon score: 660-850 $ 21,975 $ 68,273 $ 21,897 $ 2,478 $ 150 $ — $ — $ 114,773 600-659 1,641 500 1,319 1,500 — 1,243 — 6,203 540-599 443 — — — — — — 443 less than 540 — — — — — — — — Total $ 24,059 $ 68,773 $ 23,216 $ 3,978 $ 150 $ 1,243 $ — $ 121,419 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer: Beacon score: 660-850 $ 11,452 $ 4,960 $ 1,823 $ 519 $ 1,662 $ 24,543 $ 333,382 $ 378,341 600-659 1,209 192 237 425 209 3,954 12,668 18,894 540-599 24 374 87 47 500 2,868 5,920 9,820 less than 540 384 215 132 50 288 2,803 6,615 10,487 Total $ 13,069 $ 5,741 $ 2,279 $ 1,041 $ 2,659 $ 34,168 $ 358,585 $ 417,542 Current period gross charge-offs $ — $ 20 $ 28 $ — $ 15 $ 1,735 $ 207 $ 2,005 Total loans $ 1,245,085 $ 2,958,596 $ 2,375,873 $ 1,175,656 $ 870,390 $ 1,776,440 $ 964,949 $ 11,366,989 (1) Includes new loan originations, loan renewals and loan extensions. Modifications to Borrowers Experiencing Financial Difficulty As a part of our risk management practices, we may consider modifying a loan for a borrower experiencing a financial difficulty that provides a certain degree of a payment relief. Modification types primarily include a reduction in the interest rate or an extension of the existing term. We do not provide modifications that result in the reduction of the outstanding principal balance. The following table presents the amount of the loans modified during the periods indicated below to borrowers experiencing financial difficulty, disaggregated by the loan portfolio segment, type of modification granted and the financial effect of loans modified: For the Three Months Ended June 30, 2024 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ — $ 22,938 $ — $ 22,938 0.5 % — % 4 Months Commercial Owner-Occupied R/E — 515 — 515 — % — % 9 Months Commercial AD&C — — — — — % — % — Commercial Business 8 8,653 91 8,752 0.5 % 1.9 % 5 Months All Other loans — — — — — % — % — Total $ 8 $ 32,106 $ 91 $ 32,205 0.3 % For the Three Months Ended June 30, 2023 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ 28,340 $ 486 $ — $ 28,826 0.6 % 2.6 % 5 Months Commercial Owner-Occupied R/E — 2,000 — 2,000 0.1 % — % 8 Months Commercial AD&C — 350 — 350 — % — % 9 Months Commercial Business — 858 — 858 0.1 % — % 8 Months All Other loans — — — — — % — % — Total $ 28,340 $ 3,694 $ — $ 32,034 0.3 % For the Six Months Ended June 30, 2024 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ — $ 34,543 $ — $ 34,543 0.7 % — % 7 Months Commercial Owner-Occupied R/E — 515 — 515 — % — % 9 Months Commercial AD&C — 122 — 122 — % — % 17 Months Commercial Business 8 8,788 150 8,946 0.6 % 1.4 % 7 Months All Other loans — 539 — 539 — % — % 9 Months Total $ 8 $ 44,507 $ 150 $ 44,665 0.4 % For the Six Months Ended June 30, 2023 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ 28,340 $ 553 $ — $ 28,893 0.6 % 2.6 % 5 Months Commercial Owner-Occupied R/E — 2,000 — 2,000 0.1 % — % 8 Months Commercial AD&C — 350 — 350 — % — % 9 Months Commercial Business — 950 — 950 0.1 % — % 8 Months All Other loans — — — — — % — % — Total $ 28,340 $ 3,853 $ — $ 32,193 0.3 % Unfunded loan commitments on modifications for borrowers experiencing financial difficulty totaled $0.5 million at June 30, 2024. These commitments are not included in the table above. The following table presents the performance of loans that have been modified during the periods indicated: For the Six Months Ended June 30, 2024 (in thousands) Current 30-89 days past due 90+ days past due Total Commercial Investor R/E $ 33,397 $ 1,146 $ — $ 34,543 Commercial Owner-Occupied R/E 515 — — 515 Commercial AD&C — — 122 122 Commercial Business 8,896 50 — 8,946 All Other loans — — 539 539 Total $ 42,808 $ 1,196 $ 661 $ 44,665 For the Six Months Ended June 30, 2023 (in thousands) Current 30-89 days past due 90+ days past due Total Commercial Investor R/E $ 28,680 $ 213 $ — $ 28,893 Commercial Owner-Occupied R/E 2,000 — — 2,000 Commercial AD&C 350 — — 350 Commercial Business 950 — — 950 All Other loans — — — — Total $ 31,980 $ 213 $ — $ 32,193 There were no loans that defaulted (defined as new non-accrual or 90 days past due) during the six months ended June 30, 2024 and that had been modified in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension (or a combination thereof) within the previous 12 months preceding the payment default when the debtor was experiencing financial difficulty at the time of the modification. Other Real Estate Owned Other real estate owned ("OREO") totaled $2.7 million at June 30, 2024 as compared to none at December 31, 2023. There were $1.4 million in consumer mortgage loans secured by residential real estate property for which formal foreclosure proceedings were in process as of June 30, 2024.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The amount of goodwill by reporting units is presented in the following table: (In thousands) Community Investment Total Balances at December 31, 2023 $ 331,689 $ 31,747 $ 363,436 No activity — — — Balances at June 30, 2024 $ 331,689 $ 31,747 $ 363,436 The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table: June 30, 2024 Weighted December 31, 2023 Weighted (Dollars in thousands) Gross Accumulated Net Gross Accumulated Net Amortizing intangible assets: Core deposit intangibles $ 29,038 $ (21,681) $ 7,357 4.4 years $ 29,038 $ (20,181) $ 8,857 5.5 years Software intangibles 12,958 (2,186) 10,772 3.8 years 10,422 (183) 10,239 4.8 years Other identifiable intangibles 13,906 (8,650) 5,256 7.4 years 13,906 (7,949) 5,957 7.7 years Total amortizing intangible assets $ 55,902 $ (32,517) $ 23,385 $ 53,366 $ (28,313) $ 25,053 Non-amortizing intangible assets: Intangible projects in process (1) 6,702 — 6,702 $ 3,248 $ — $ 3,248 Total intangible assets $ 62,604 $ (32,517) $ 30,087 $ 56,614 $ (28,313) $ 28,301 Goodwill $ 363,436 $ 363,436 $ 363,436 $ 363,436 (1) Capitalized costs on internal-use licensed software-related projects that are currently in the development/implementation phase. The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31: (In thousands) Amount Remaining 2024 $ 4,348 2025 6,077 2026 4,940 2027 3,897 2028 2,970 Thereafter 1,153 Total amortizing intangible assets $ 23,385

DEPOSITS

DEPOSITS	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
DEPOSITS	DEPOSITS The following table presents the composition of deposits at the dates indicated: (In thousands) June 30, 2024 December 31, 2023 Noninterest-bearing deposits $ 2,931,405 $ 2,914,161 Interest-bearing deposits: Demand 1,433,595 1,463,679 Money market savings 2,848,113 2,628,918 Regular savings 1,678,066 1,275,225 Time deposits of less than $250,000 1,806,327 2,068,259 Time deposits of $250,000 or more 642,722 646,296 Total interest-bearing deposits 8,408,823 8,082,377 Total deposits $ 11,340,228 $ 10,996,538

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS Subordinated Debt On March 15, 2022, the Company completed an offering of $200.0 million aggregate principal amount Fixed to Floating Rate Subordinated Notes due in 2032. The notes bear a fixed interest rate of 3.875% per year through March 29, 2027. Commencing on March 30, 2027, the notes will bear interest at a floating rate per annum equal to the benchmark rate (which is expected to be the three-month SOFR rate) plus a spread of 196.5 basis points, payable quarterly in arrears. The total amount of debt issuance costs incurred was $3.1 million, which are being amortized through the contractual life of the debt. The entire amount of the subordinated debt is considered Tier 2 capital under current regulatory guidelines. On November 5, 2019, the Company completed an offering of $175.0 million aggregate principal amount Fixed to Floating Rate Subordinated Notes due in 2029. The notes bear a fixed interest rate of 4.25% per year through November 14, 2024. Beginning November 15, 2024, the interest rate will become a floating rate equal to three-month SOFR plus 288 basis points (including a benchmark adjustment of 26 basis points) through the remaining maturity or early redemption date of the notes. The interest will be paid in arrears semi-annually during the fixed rate period and quarterly during the floating rate period. The Company incurred $2.9 million of debt issuance costs, which are being amortized through the contractual life of the debt. The entire amount of the subordinated debt is considered Tier 2 capital under current regulatory guidelines. The following table provides information on subordinated debt as of the date indicated: (In thousands) June 30, 2024 December 31, 2023 Fixed to floating rate subordinated debt, 3.875% $ 200,000 $ 200,000 Fixed to floating rate subordinated debt, 4.25% 175,000 175,000 Total subordinated debt 375,000 375,000 Less: Debt issuance costs (3,899) (4,197) Long-term borrowings $ 371,101 $ 370,803 Other Borrowings At June 30, 2024 and December 31, 2023, the Company had $75.0 million of outstanding retail repurchase agreements. The Company had no outstanding federal funds purchased at June 30, 2024 or December 31, 2023. The available borrowing federal funds capacity under unsecured lines of credit with correspondent banks was $1.2 billion at both June 30, 2024 and December 31, 2023. During the first quarter of 2024, the Company fully paid off $300.0 million of outstanding borrowings through the Federal Reserve's Bank Term Funding Program. At June 30, 2024, the Company had the ability to pledge collateral at prevailing market rates under a line of credit with the FHLB of $3.6 billion. FHLB availability based on pledged collateral at June 30, 2024 amounted to $3.1 billion, with $500.0 million outstanding. At December 31, 2023, the Company had the ability to pledge collateral at prevailing market rates under a line of credit with the FHLB of $3.6 billion. The availability of FHLB borrowings based on the collateral pledged at December 31, 2023 was $3.1 billion with $550.0 million outstanding. Under a blanket lien, the Company has pledged qualifying residential mortgage loans amounting to $1.4 billion, commercial real estate loans amounting to $3.9 billion, home equity lines of credit (“HELOC”) amounting to $212.5 million, and multifamily loans amounting to $493.1 million at June 30, 2024, as collateral under the borrowing agreement with the FHLB. At December 31, 2023, the Company had pledged collateral of qualifying mortgage loans of $1.4 billion, commercial real estate loans of $4.0 billion, HELOC loans of $209.2 million, and multifamily loans of $538.6 million under the FHLB borrowing agreement. The Company had secured lines of credit available from the Federal Reserve Bank and correspondent banks of $774.1 million and $651.3 million at June 30, 2024 and December 31, 2023, respectively, collateralized by loans, with no borrowings outstanding at the end of either period.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2024
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY On March 30, 2022, the Company's Board of Directors authorized a stock repurchase plan that permits the repurchase of up to $50.0 million of the Company's common stock. During 2022, the Company repurchased and retired 625,710 common shares at an average price of $39.93 per share for the total cost of $25.0 million. The Company did not repurchase any shares of its common stock during 2023 or during the six months ended June 30, 2024. Under the current authorization, common stock with a total value of up to $25.0 million remains available to be repurchased.

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
SHARE BASED COMPENSATION	SHARE BASED COMPENSATION On May 22, 2024, the Company's shareholders approved the Sandy Spring Bancorp, Inc. 2024 Equity Plan (the "2024 Plan"), which replaces the Company’s 2015 Omnibus Incentive Plan. The 2024 Plan provides for the granting of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, and restricted stock units to officers, employees and non-employee directors. Awards may be subject to performance conditions. The 2024 Plan authorizes the issuance of up to 700,000 shares of common stock, subject to adjustment, has a term of 10 years, and is administered by the Compensation Committee of the Board of Directors. There were 670,910 shares available for issuance under the 2024 Plan at June 30, 2024. Compensation expense is recognized on a straight-line basis over the vesting period of the respective stock option, restricted stock, restricted stock unit grant or performance share units. The Company recognized compensation expense of $2.6 million and $2.7 million for the three months ended June 30, 2024 and 2023, respectively, related to restricted stock award grants, restricted stock unit grants and performance share unit grants. The total of unrecognized compensation cost related to restricted stock awards, restricted stock unit grants, and performance share unit grants was approximately $7.7 million as of June 30, 2024. That cost is expected to be recognized over a weighted average period of approximately 2.08 years. During the six months ended June 30, 2024, the Company granted 344,748 restricted stock units and performance share units, of which 87,846 units are subject to achievement of certain performance conditions measured over a three-year performance period, and 256,902 restricted stock units are subject to a three year vesting schedule. The Company did not grant any stock options under the 2024 Plan during the six months ended June 30, 2024. A summary of the activity for the Company’s restricted stock, restricted stock units and performance share units for the period indicated is presented in the following table: Number Weighted Non-vested at January 1, 2024 458,929 $ 32.90 Granted 344,748 $ 22.28 Vested (214,896) $ 33.88 Forfeited/ cancelled (7,542) $ 28.03 Non-vested at June 30, 2024 581,239 $ 26.56 A summary of share option activity for the period indicated is reflected in the following table: Number Weighted Weighted Aggregate Balance at January 1, 2024 80,195 $ 19.07 1.2 years $ 621 Granted — $ — Exercised (9,938) $ 10.96 $ 135 Forfeited — $ — Expired (6,468) $ 42.28 Balance at June 30, 2024 63,789 $ 17.97 1.0 year $ 516 Exercisable at June 30, 2024 63,789 $ 17.97 1.0 years $ 516

PENSION PLAN

PENSION PLAN	6 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
PENSION PLAN	PENSION PLAN Defined Benefit Pension Plan The Company previously maintained a qualified noncontributory, defined benefit pension plan (the “Plan”). On March 30, 2022, the Board of Directors approved the termination of the Plan to be effective as of June 30, 2022. The Company executed plan amendments regarding the Plan termination and received a determination letter from the Internal Revenue Service (“IRS”) as to the tax-qualified status of the Plan at the time of termination. The Company also filed appropriate notices and documents related to the Plan’s termination and wind-down with the Pension Benefit Guaranty Corporation (“PBGC”). Plan participants made elections for lump-sum distributions or annuity benefits. Both lump-sum distributions and transfer of annuity benefits to a highly-rated insurance company were completed in August 2023. In order to fully fund the Plan, the Company made a $1.3 million cash contribution. As a result of the pension termination, the Company incurred a one-time settlement expense of $8.2 million, which was recognized in salaries and employee benefits expense in 2023. The components of net periodic benefit cost for the periods indicated are presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2024 2023 2024 2023 Interest cost on projected benefit obligation $ — $ 437 $ — $ 875 Expected return on plan assets — (373) — (746) Recognized net actuarial loss — 226 — 451 Net periodic benefit cost $ — $ 290 $ — $ 580

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
NET INCOME PER COMMON SHARE	NET INCOME PER COMMON SHARE The calculation of net income per common share for the periods indicated is presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (Dollars and amounts in thousands, except per share data) 2024 2023 2024 2023 Net income $ 22,807 $ 24,745 $ 43,179 $ 75,998 Distributed and undistributed earnings allocated to participating securities (7) (33) (34) (177) Net income attributable to common shareholders $ 22,800 $ 24,712 $ 43,145 $ 75,821 Total weighted average outstanding shares 45,100 44,894 45,045 44,860 Less: Weighted average participating securities (13) (61) (36) (104) Basic weighted average common shares 45,087 44,833 45,009 44,756 Dilutive weighted average common stock equivalents 58 56 104 121 Diluted weighted average common shares 45,145 44,889 45,113 44,877 Basic net income per common share $ 0.51 $ 0.55 $ 0.96 $ 1.69 Diluted net income per common share $ 0.51 $ 0.55 $ 0.96 $ 1.69 Anti-dilutive shares 75 93 39 30

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS) Comprehensive income/ (loss) is defined as net income/ (loss) plus transactions and other occurrences that are the result of non-owner changes in equity. For Condensed Consolidated Financial Statements presented for the Company, non-owner changes in equity are comprised of unrealized gains or losses on investments available-for-sale and held-to-maturity, and any minimum pension liability adjustments. The following table presents the activity in net accumulated other comprehensive income/ (loss) and the components of the activity for the periods indicated: (In thousands) Unrealized Gains/(Losses) Defined Benefit Unrealized Losses Total Balance at January 1, 2024 $ (88,169) $ — $ (9,162) $ (97,331) Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax (5,212) — — (5,212) Reclassifications from accumulated other comprehensive loss to earnings, net of tax — — 549 549 Current period change in other comprehensive loss, net of tax (5,212) — 549 (4,663) Balance at June 30, 2024 $ (93,381) $ — $ (8,613) $ (101,994) (In thousands) Unrealized Gains/ Defined Benefit Unrealized Losses Total Balance at January 1, 2023 $ (113,513) $ (8,002) $ (10,436) $ (131,951) Other comprehensive income before reclassification, net of tax 5,347 — — 5,347 Reclassifications from accumulated other comprehensive income, net of tax — 336 643 979 Current period change in other comprehensive income, net of tax 5,347 336 643 6,326 Balance at June 30, 2023 $ (108,166) $ (7,666) $ (9,793) $ (125,625) The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income/ (loss) for the periods indicated that had an impact on the Condensed Consolidated Statements of Income: Six Months Ended June 30, (In thousands) 2024 2023 Unrealized gains on available-for-sale debt securities: Affected line item in the Statements of Income: Investment securities gains $ — $ — Income before taxes — — Tax expense — — Net income $ — $ — Amortization of unrealized losses on debt securities transferred from available-for-sale to held-to-maturity: Affected line item in the Statements of Income: Interest and dividends on investment securities (1) $ (736) $ (863) Income before taxes (736) (863) Tax benefit 187 220 Net loss $ (549) $ (643) Amortization of defined benefit pension plan items: Affected line item in the Statements of Income: Recognized actuarial loss (2) $ — $ (451) Income before taxes — (451) Tax benefit — 115 Net loss $ — $ (336) (1) Amortization of unrealized losses on held-to-maturity debt securities is fully offset by accretion of a discount on held-to-maturity debt securities with no overall impact on net income and yield. (2) This amount is included in the computation of net periodic benefit cost. See Note 10 for additional information on the pension plan.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
LEASES	LEASES The Company leases real estate properties for its network of bank branches, financial centers and corporate offices. All of the Company’s leases are currently classified as operating. Most lease agreements include one or more options to renew, with renewal terms that can extend the original lease term from one The following table provides information regarding the Company's leases as of the dates indicated: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Components of lease expense: Operating lease cost (resulting from lease payments) $ 2,577 $ 2,712 $ 5,142 $ 5,427 Supplemental cash flow information related to leases: Operating cash flows from operating leases $ 2,796 $ 2,861 $ 5,620 $ 5,749 ROU assets obtained in the exchange for lease liabilities due to: New leases $ 407 $ — $ 1,402 $ 703 Acquisitions $ — $ — $ — $ — June 30, 2024 December 31, 2023 Supplemental balance sheet information related to leases: Operating lease ROU assets $ 39,180 $ 40,362 Operating lease liabilities $ 46,399 $ 48,058 Other information related to leases: Weighted average remaining lease term of operating leases 5.2 years 5.6 years Weighted average discount rate of operating leases 3.73% 3.61% ROU assets and lease liabilities are recorded in other assets and other liabilities, respectively, in the Condensed Consolidated Statements of Condition. Operating lease cost is recorded in the occupancy expense of premises in the Condensed Consolidated Statements of Income. At June 30, 2024, the maturities of the Company’s operating lease liabilities were as follows: (In thousands) Amount Maturity: Remaining 2024 $ 5,624 2025 10,771 2026 10,055 2027 8,629 2028 7,135 Thereafter 9,012 Total undiscounted lease payments 51,226 Less: Present value discount (4,827) Lease liability $ 46,399 The Company had no operating lease that has not yet commenced operations at June 30, 2024. The Company does not have any lease arrangements with any of its related parties as of June 30, 2024.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES Customer Interest Rate Swaps The Company has entered into interest rate swaps (“swaps”) with qualifying commercial banking customers to facilitate their risk management strategies and financing needs. These swaps provide customers with the ability to convert variable rates into fixed rates. They are economically hedged by offsetting interest rate swaps that the Company executes with derivative counterparties in order to offset its exposure on the fixed components of the customers' swaps. Swaps qualify as derivatives, but are not designated as hedging instruments. Fair values of the swaps are carried as both gross assets and gross liabilities in other assets and other liabilities, respectively, in the Condensed Consolidated Statements of Condition. The associated changes in fair values of gross assets and gross liabilities net to zero in the Condensed Consolidated Statements of Income. Mortgage Banking Derivatives The Company enters into interest rate lock commitments, which are commitments to originate loans where the interest rate on the loan is determined prior to funding and the customers have locked into that interest rate. The loans are sold to the secondary market on either a mandatory or best efforts basis. Loans sold on a mandatory basis are not committed to an investor until the loan is closed with the borrower. The Company enters into forward to-be-announced (“TBA”) sales contracts to manage the interest rate risk between the interest rate lock commitment and the funding of those loans. Loans sold on a best efforts basis are committed to an investor simultaneous to the interest rate lock commitment with the borrower, and as a result, the Company does not enter into a separate forward TBA contract to offset the fair value risk as the investor accepts such risk. Interest rate lock commitments and commitments to deliver loans to investors are considered derivatives but are not designated as hedging instruments. Fair Values of Derivative Instruments on the Balance Sheet Derivatives are carried at fair value and are classified under other assets and other liabilities in the Condensed Consolidated Statements of Condition. Changes in fair value are recognized in earnings. None of the Company's derivatives are designated in a qualifying hedging relationship. The table below presents the fair value of the Company’s derivative financial instruments as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 (In thousands) Notional Asset Liability Notional Asset Liability Derivatives Loan Swaps: Interest Rate Swaps $ 504,915 $ 17,527 $ 17,527 $ 495,750 $ 15,867 $ 15,867 Mortgage Banking Derivatives: Interest Rate Lock Commitments 37,473 498 — 16,608 358 — Forward TBA Contracts 32,500 59 — 11,750 — 102 Total Derivatives $ 574,888 $ 18,084 $ 17,527 $ 524,108 $ 16,225 $ 15,969 Effect of Derivatives on the Income Statement The table below presents the changes in the fair value of the Company’s derivative financial instruments reflected within non-interest income on the Condensed Consolidated Statements of Income for the three and six months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, Six Months Ended June 30, (In thousands) Location of Gain/(Loss) 2024 2023 2024 2023 Interest rate lock commitments Mortgage banking activities $ (1,638) $ (1,274) $ 139 $ 178 Forward TBA contracts Mortgage banking activities 1,633 1,236 161 (11) Total $ (5) $ (38) $ 300 $ 167

LITIGATION

LITIGATION	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	LITIGATION In the ordinary course of business, the Company and its subsidiaries are subject to various pending or threatened legal proceedings in which claims for monetary damages are asserted. After consultation with legal counsel, management does not anticipate that the ultimate liability, if any, arising out of these legal matters will have a material adverse effect on the Company's financial condition, operating results or liquidity.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE GAAP provides entities the option to measure eligible financial assets, financial liabilities and commitments at fair value (i.e. the fair value option), on an instrument-by-instrument basis, that are otherwise not permitted to be accounted for at fair value under other accounting standards. The election to use the fair value option is available when an entity first recognizes a financial asset or financial liability or upon entering into a commitment. Subsequent changes in fair value must be recorded in earnings. The Company applies the fair value option on residential mortgage loans held for sale. The fair value option on residential mortgage loans held for sale allows the recognition of gains on the sale of mortgage loans to more accurately reflect the timing and economics of the transaction. The standard for fair value measurement establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below. Basis of Fair Value Measurement: Level 1- Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2- Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3- Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported by little or no market activity). A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Changes to interest rates may result in changes in the cash flows due to prepayments or extinguishments. Accordingly, changes to interest rates could result in higher or lower measurements of the fair values. Assets and Liabilities Residential mortgage loans held for sale Residential mortgage loans held for sale are valued based on quotations from the secondary market for similar instruments and are classified as Level 2 in the fair value hierarchy. Investment securities available-for-sale U.S. treasuries and government agencies securities and mortgage-backed and asset-backed securities Valuations are based on active market data and use of evaluated broker pricing models that vary based by asset class and includes available trade, bid, and other market information. Generally, the methodology includes broker quotes, proprietary models, descriptive terms, and databases coupled with extensive quality control programs. Quality control evaluation processes use available market, credit and deal level information to support the evaluation of the security. Additionally, proprietary models and pricing systems, mathematical tools, actual transacted prices, integration of market developments and experienced evaluators are used to determine the value of a security based on a hierarchy of market information regarding a security or securities with similar characteristics. The Company does not adjust the quoted price for such securities. Such instruments are classified within Level 2 in the fair value hierarchy. State and municipal securities The Company primarily uses prices obtained from third-party pricing services to determine the fair value of securities. The Company independently evaluates and corroborates the fair value received from pricing services through various methods and techniques, including references to dealer or other market quotes, by reviewing valuations of comparable instruments, and by comparing the prices realized on the sale of similar securities. Such securities are classified within Level 2 in the fair value hierarchy. Interest rate swap agreements Interest rate swap agreements are measured by alternative pricing sources using a discounted cash flow method that incorporates current market interest rates. Based on the complex nature of interest rate swap agreements, the markets these instruments trade in are not as efficient and are less liquid than that of the more mature Level 1 markets. These characteristics classify interest rate swap agreements as Level 2 in the fair value hierarchy. Assets Measured at Fair Value on a Recurring Basis The following tables set forth the Company’s financial assets and liabilities at the dates indicated that were accounted for or disclosed at fair value. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2024 Quoted Prices in Significant Other Significant (In thousands) (Level 1) (Level 2) (Level 3) Total Assets: Residential mortgage loans held for sale (1) $ — $ 18,961 $ — $ 18,961 Available-for-sale debt securities: U.S. treasuries and government agencies — 82,959 — 82,959 State and municipal — 261,895 — 261,895 Mortgage-backed and asset-backed — 756,992 — 756,992 Total available-for-sale debt securities — 1,101,846 — 1,101,846 Interest rate swap agreements — 17,527 — 17,527 Total assets $ — $ 1,138,334 $ — $ 1,138,334 Liabilities: Interest rate swap agreements $ — $ (17,527) $ — $ (17,527) Total liabilities $ — $ (17,527) $ — $ (17,527) (1) The outstanding principal balance for residential loans held for sale as of June 30, 2024 was $18.5 million. December 31, 2023 Quoted Prices in Significant Other Significant (In thousands) (Level 1) (Level 2) (Level 3) Total Assets: Residential mortgage loans held for sale (1) $ — $ 10,836 $ — $ 10,836 Investments available-for-sale: U.S. treasuries and government agencies — 96,927 — 96,927 State and municipal — 268,214 — 268,214 Mortgage-backed and asset-backed — 737,540 — 737,540 Total investments available-for-sale — 1,102,681 — 1,102,681 Interest rate swap agreements — 15,867 — 15,867 Total assets $ — $ 1,129,384 $ — $ 1,129,384 Liabilities: Interest rate swap agreements $ — $ (15,867) $ — $ (15,867) Total liabilities $ — $ (15,867) $ — $ (15,867) (1) The outstanding principal balance for residential loans held for sale as of December 31, 2023 was $10.5 million. Assets Measured at Fair Value on a Nonrecurring Basis The following tables set forth the Company’s financial assets subject to fair value adjustments on a nonrecurring basis at the date indicated that are valued at the lower of cost or market. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2024 (In thousands) Quoted Prices in Significant Significant Total Total Losses Loans (1) $ — $ — $ — $ — $ — Other real estate owned — — 2,700 2,700 — Total $ — $ — $ 2,700 $ 2,700 $ — December 31, 2023 (In thousands) Quoted Prices in Significant Significant Total Total Losses Loans (1) $ — $ — $ — $ — $ — Other real estate owned — — — — — Total $ — $ — $ — $ — $ — (1) Represent outstanding collateral-dependent non-accrual loans that were written down to the fair value of the underlying collateral. Fair values are determined using actual market prices (Level 2), independent third-party valuations and borrower records, discounted as appropriate (Level 3). At June 30, 2024, collateral dependent loans totaling $88.8 million had an estimated fair value of $65.7 million as a result of individual credit loss allowances of $23.0 million based on the most recent value of the collateral. Collateral dependent loans totaling $88.2 million had an estimated fair value of $64.2 million at December 31, 2023 as a result of individual credit loss allowances of $24.0 million. Fair value of the collateral dependent loans is measured based on the loan’s observable market price or the fair value of the collateral (less estimated selling costs). Collateral may be real estate and/or business assets such as equipment, inventory and/or accounts receivable. The value of business equipment, inventory and accounts receivable collateral is based on net book value on the business’ financial statements and, if necessary, discounted based on management’s review and analysis. Appraised and reported values may be discounted based on management’s historical experience, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the client and client’s business. Collateral dependent loans are reviewed and evaluated on at least a quarterly basis for additional individual reserve and adjusted accordingly, based on the factors identified above. OREO is adjusted to fair value upon acquisition of the real estate collateral. Subsequently, OREO is carried at the lower of carrying value or fair value. The estimated fair value for OREO included in Level 3 is determined by independent market based appraisals and other available market information, less costs to sell, that may be reduced further based on market expectations or an executed sales agreement. If the fair value of the collateral deteriorates subsequent to initial recognition, the Company records the OREO as a nonrecurring Level 3 adjustment. Valuation techniques are consistent with those techniques applied in prior periods. Fair Value of Financial Instruments The Company discloses fair value information, based on the exit price notion, of financial instruments that are not measured at fair value in the financial statements. Fair value is the amount at which a financial instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation, and is best evidenced by a quoted market price, if one exists. Quoted market prices, where available, are shown as estimates of fair market values. Because no quoted market prices are available for a significant portion of the Company's financial instruments, the fair value of such instruments has been derived based on the amount and timing of future cash flows and estimated discount rates based on observable inputs (“Level 2”) or unobservable inputs (“Level 3”). Present value techniques used in estimating the fair value of many of the Company's financial instruments are significantly affected by the assumptions used. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate cash settlement of the instrument. Additionally, the accompanying estimates of fair values are only representative of the fair values of the individual financial assets and liabilities, and should not be considered an indication of the fair value of the Company. Management utilizes internal models used in asset liability management to determine the fair values disclosed below. Other investments include FRB and FHLB stock, whose carrying amounts approximate fair values based on the redemption provisions of each entity. The carrying amounts and fair values of the Company’s financial instruments at the dates indicated are presented in the following tables: Fair Value Measurements June 30, 2024 Quoted Prices in Significant Other Significant (In thousands) Carrying Estimated Financial assets: Cash and cash equivalents $ 406,710 $ 406,710 $ 406,710 $ — $ — Residential mortgage loans held for sale 18,961 18,961 — 18,961 — Available-for-sale debt securities 1,101,846 1,101,846 — 1,101,846 — Held-to-maturity debt securities 226,233 187,389 — 187,389 — Other investments 73,432 73,432 — 73,432 — Loans, net of allowance 11,358,058 10,522,647 — — 10,522,647 Interest rate swap agreements 17,527 17,527 — 17,527 — Accrued interest receivable 46,668 46,668 46,668 — — Bank owned life insurance 169,288 169,288 — 169,288 — Financial liabilities: Time deposits $ 2,449,049 $ 2,434,990 $ — $ 2,434,990 $ — Other deposits 8,891,179 8,891,179 8,891,179 — — Securities sold under retail repurchase agreements and federal funds purchased 75,038 75,038 — 75,038 — Advances from FHLB 500,000 494,551 — 494,551 — Subordinated debt 371,101 350,128 — — 350,128 Interest rate swap agreements 17,527 17,527 — 17,527 — Accrued interest payable 13,775 13,775 13,775 — — Fair Value Measurements December 31, 2023 Quoted Prices in Significant Other Significant (In thousands) Carrying Estimated Financial assets: Cash and cash equivalents $ 545,898 $ 545,898 $ 545,898 $ — $ — Residential mortgage loans held for sale 10,836 10,836 — 10,836 — Investments available-for-sale 1,102,681 1,102,681 — 1,102,681 — Held-to-maturity debt securities 236,165 200,411 — 200,411 — Other investments 75,607 75,607 — 75,607 — Loans, net of allowance 11,246,124 10,476,059 — — 10,476,059 Interest rate swap agreements 15,867 15,867 — 15,867 — Accrued interest receivable 46,583 46,583 46,583 — — Bank owned life insurance 158,921 158,921 — 158,921 — Financial liabilities: Time deposits $ 2,714,555 $ 2,704,013 $ — $ 2,704,013 $ — Other deposits 8,281,983 8,281,983 8,281,983 — — Securities sold under retail repurchase agreements and federal funds purchased 375,032 375,032 — 375,032 — Advances from FHLB 550,000 547,271 — 547,271 — Subordinated debt 370,803 348,185 — — 348,185 Interest rate swap agreements 15,867 15,867 — 15,867 — Accrued interest payable 30,367 30,367 30,367 — —

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 22,807	$ 24,745	$ 43,179	$ 75,998

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Sandy Spring Bancorp, Inc. ("Bancorp" or, together with its subsidiaries, the "Company"), a Maryland corporation, is the bank holding company for Sandy Spring Bank (the “Bank”). Independent and community-oriented, the Bank offers a broad range of commercial banking, retail banking, mortgage services and trust services throughout central Maryland, Northern Virginia, and the greater Washington, D.C. market. The Bank also offers a comprehensive menu of wealth management services through its subsidiaries, West Financial Services, Inc. (“West Financial”) and SSB Wealth Management, Inc. (d/b/a Rembert Pendleton Jackson, "RPJ”) .
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”), prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, the interim financial statements do not include all of the information and notes required for complete financial statements. The following summary of significant accounting policies of the Company is presented to assist the reader in understanding the financial and other data presented in this report. Operating results for the six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2024. In the opinion of management, all adjustments necessary for a fair presentation of the results of the interim periods have been included. Certain prior period amounts have been reclassified to conform to the current period presentation. Such reclassifications had no impact on the Company's net income and shareholders' equity. The Company has evaluated subsequent events through the date of the issuance of its financial statements. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2023 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on February 20, 2024. There have been no significant changes to any of the Company’s accounting policies as disclosed in the 2023 Annual Report on Form 10-K.
Principles of Consolidation	Principles of Consolidation The unaudited Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiary, Sandy Spring Bank, and its subsidiaries. Consolidation has resulted in the elimination of all intercompany accounts and transactions.
Use of Estimates	Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, in addition to affecting the reported amounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for credit losses and the related allowance, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether available-for-sale debt securities with fair values less than amortized costs are impaired and require an allowance for credit losses, valuation of other real estate owned, valuation of share based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, the calculation of current and deferred income taxes, and the actuarial projections related to pension expense and the related liability.
Cash Flows	Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, federal funds sold and interest-bearing deposits with banks (items with stated original maturity of three months or less).
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company’s revenue includes net interest income on financial instruments and non-interest income. Specific categories of revenue are presented in the Condensed Consolidated Statements of Income. Most of the Company’s revenue is not within the scope of Accounting Standard Codification (“ASC”) 606 – Revenue from Contracts with Customers. For revenue within the scope of ASC 606, the Company provides services to customers and has related performance obligations. The revenue from such services is recognized upon satisfaction of all contractual performance obligations. The following discusses key revenue streams within the scope of this revenue recognition guidance. West Financial and RPJ provide comprehensive investment management and financial planning services. Wealth management income is comprised of income for providing trust, estate and investment management services. Trust services include acting as a trustee for corporate or personal trusts. Investment management services include investment management, record-keeping and reporting of security portfolios. Fees for these services are recognized based on a contractually-agreed fixed percentage applied to net assets under management at the end of each reporting period. The Company does not charge/recognize any performance-based fees. Service charges on deposit accounts are earned on depository accounts for consumer and commercial account holders and include fees for account and overdraft services. Account services include fees for event-driven services and periodic account maintenance activities. An obligation for event-driven services is satisfied at the time of the event when service is delivered and revenue recognized as earned. Obligation for maintenance activities is satisfied over the course of each month and revenue is recognized at month end. The overdraft services obligation is satisfied at the time of the overdraft and revenue is recognized as earned.
Loan Financing Receivables	Loan Financing Receivables The Company’s financing receivables consist primarily of loans that are stated at their principal balance outstanding, net of any unearned income, acquisition fair value marks and deferred loan origination fees and costs. Interest income on loans is accrued at the contractual rate based on the principal balance outstanding. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. Loans are considered past due or delinquent when the principal or interest due in accordance with the contractual terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Immaterial shortfalls in payment amounts do not necessarily result in a loan being considered delinquent or past due. If any payments are past due and subsequent payments are resumed without payment of the delinquent amount, the loan shall continue to be considered past due. Whenever any loan is reported delinquent on a principal or interest payment or portion thereof, the amount reported as delinquent is the outstanding principal balance of the loan. Loans, except for consumer installment loans, are placed into non-accrual status when any portion of the loan principal or interest becomes 90 days past due. Management may determine that certain circumstances warrant earlier discontinuance of interest accruals on specific loans if an evaluation of other relevant factors (such as bankruptcy, interruption of cash flows, etc.) indicates collection of amounts contractually due is unlikely. These loans are considered, collectively, to be non-performing loans. Consumer installment loans that are not secured by real estate are not placed on non-accrual, but are charged down to their net realizable value when they are four months past due. Loans designated as non-accrual have all previously accrued but unpaid interest reversed. Interest income is not recognized on non-accrual loans. All payments received on non-accrual loans are applied using a cost-recovery method to reduce the outstanding principal balance until the loan returns to accrual status. Loans may be returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. On January 1, 2023, the Company adopted provisions of ASU 2022-02, "Financial Instruments - Credit Losses (Topic 326)", which eliminated accounting guidance for TDRs by creditors. Prior to the effective adoption date, the Company considered loans to be TDRs if their terms were restructured (e.g., interest rates, loan maturity date, payment and amortization period, etc.) in circumstances that provided a payment concession to a borrower experiencing financial difficulty. Loans could be removed from a TDR category if the borrower no longer experienced financial difficulty, a re-underwriting event took place, and the revised loan terms of the subsequent restructuring agreement were considered to be consistent with terms that could be obtained in the market for loans with comparable credit risk. Subsequent to the effective adoption date, the Company continues to offer modifications to certain borrowers experiencing financial difficulty, mainly in the form of interest rate concessions or term extensions, without classifying and accounting for them as TDRs.
Allowance for Credit Losses	Allowance for Credit Losses The allowance for credit losses (“allowance” or “ACL”) represents an amount which, in management's judgment, reflects the lifetime expected losses that may be sustained on outstanding loans at the balance sheet date based on the evaluation of the size and current risk characteristics of the loan portfolio, past events, current conditions, reasonable and supportable forecasts of future economic conditions and prepayment experience. The allowance is measured and recorded upon the initial recognition of a financial asset. The allowance is reduced by charge-offs, net of recoveries of previous losses, and is increased or decreased by a provision or credit for credit losses, which is recorded as a current period expense. Determination of the appropriateness of the allowance is inherently complex and requires the use of significant and highly subjective estimates. The reasonableness of the allowance is reviewed by the Risk Committee of the Board of Directors and formally approved quarterly by that same committee of the Board. The Company’s methodology for estimating the allowance includes: (1) a collective quantified reserve that reflects the Company’s historical default and loss experience adjusted for expected economic conditions throughout a reasonable and supportable period, which management has determined to be two years, followed by a two year reversion period, and the Company’s prepayment and curtailment rates; (2) collective qualitative factors that consider the expected impact of certain factors not fully captured in the collective quantified reserve, including concentrations of the loan portfolio, expected changes to the economic forecasts, large relationships, early delinquencies, and factors related to credit administration, including, among others, loan-to-value ratios, borrowers’ risk rating and credit score migrations; and (3) individual allowances on collateral-dependent loans where borrowers are experiencing financial difficulty or when the Company determines that the foreclosure is probable. The Company excludes accrued interest from the measurement of the allowance as the Company has a non-accrual policy to reverse any accrued, uncollected interest income as loans are moved to non-accrual status. Loans are pooled into segments based on the similar risk characteristics of the underlying borrowers, in addition to consideration of collateral type, industry and business purpose of the loans. Portfolio segments used to estimate the allowance are the same as portfolio segments used for general credit risk management purposes. Refer to Note 3 for more details on the Company’s portfolio segments. The Company applies two calculation methodologies to estimate the collective quantified component of the allowance: expected loss method and weighted average remaining life method. Allowance estimates on commercial acquisition, development and construction (“AD&C”) and residential construction segments are based on the weighted average remaining life method. Allowance estimates on all other portfolio segments are based on the expected loss method. Collective calculation methodologies utilize the Company’s historical default and loss experience adjusted for future economic forecasts. The reasonable and supportable forecast period represents a two-year economic outlook for the applicable economic variables. Following the end of the reasonable and supportable forecast period expected losses revert back to the historical mean over the next two years on a straight-line basis. Economic variables that have the most significant impact on the allowance include: unemployment rate, gross domestic product, commercial real estate price index, residential real estate house price index and business bankruptcies. Contractual loan level cash flows within the expected loss methodology are adjusted for the Company’s historical prepayment and curtailment rate experience. The individual reserve assessment is applied to collateral dependent loans where borrowers are experiencing financial difficulty or when the Company determines that a foreclosure is probable. The determination of the fair value of the collateral depends on whether a repayment of the loan is expected to be from the sale or the operation of the collateral. When a repayment is expected from the operation of the collateral, the Company uses the present value of expected cash flows from the operation of the collateral as the fair value. When the repayment of the loan is expected from the sale of the collateral the fair value of the collateral is based on an observable market price or the collateral’s appraised value, less estimated costs to sell. Third-party appraisals used in the individual reserve assessment are conducted at least annually with underlying assumptions that are reviewed by management. Third-party appraisals may be obtained on a more frequent basis if deemed necessary. Internal evaluations of collateral value are conducted quarterly to ensure any further deterioration of the collateral value is recognized on a timely basis. During the individual reserve assessment, management also considers the potential future changes in the value of the collateral over the remainder of the loan’s remaining life. The Company may receive updated appraisals which contradict the preliminary determination of fair value used to establish an individual allowance on a loan. In these instances the individual allowance is adjusted to reflect the Company’s evaluation of the updated appraised fair value. In the event a loss was previously determined and the loan was charged down to the estimated fair value based on a previous appraisal, the balance of the partially charged-off loan is not subsequently increased, but could be further decreased depending on the direction of the change in fair value. Payments on fully or partially charged-off loans are accounted for under the cost-recovery method. Under this method, all payments received are applied on a cash basis to reduce the outstanding principal balance, then to recognize a recovery of all previously charged-off amounts before any interest income may be recognized. Based on the individual reserve assessment, if the Company determines that the fair value of the collateral is less than the amortized cost basis of the loan, an individual allowance will be established measured as the difference between the fair value of the collateral (less costs to sell) and the amortized cost basis of the loan. Once a loss has been determined, the loan is charged-down to its estimated fair value. Large groups of smaller non-accrual homogeneous loans are not individually evaluated for allowance and include residential permanent and construction mortgages and consumer installment loans. These portfolios are reserved for on a collective basis using historical loss rates of similar loans over the weighted average life of each portfolio. Unfunded lending commitments are reviewed to determine if they are considered unconditionally cancellable. The Company establishes reserves for unfunded commitments that do not meet that criteria as a liability in the Condensed Consolidated Statements of Condition. Changes to the liability are recorded through the provision for credit losses in the Condensed Consolidated Statements of Income. The establishment of the reserves for unfunded commitments considers both the likelihood that the funding will occur and an estimate of the expected credit losses over the life of the respective commitments. Management believes it uses relevant information available to make determinations about the allowance and reserve for unfunded commitments and that it has established the existing reserves in accordance with GAAP. However, the determination of the allowance requires significant judgment, and estimates of expected lifetime losses in the loan portfolio can vary significantly from the amounts actually observed. While management uses available information to recognize expected losses, future additions to the allowance may be necessary based on changes in the loans comprising the portfolio, changes in the current and forecasted economic conditions, changes to the interest rate environment which may directly impact prepayment and curtailment rate assumptions, and changes in the financial condition of borrowers.
Held-to-maturity debt securities	Held-to-maturity debt securities Debt securities that are purchased with the positive intent and ability to be held until their maturity are classified as held-to-maturity (“HTM”). HTM debt securities are recorded at cost adjusted for amortization of premiums and accretion of discounts. Transfers of debt securities from available-for-sale ("AFS") category to HTM category are made at fair value as of the transfer date. The unrealized gain or loss at the date of transfer continues to be reported in accumulated other comprehensive income and in the carrying amount of the HTM securities. Both amounts are amortized over the remaining life of the security as a yield adjustment in interest income and effectively offset each other.
Leases	Leases The Company determines if an arrangement is a lease at inception. All of the Company’s leases are currently classified as operating leases and are included in other assets and other liabilities on the Company’s Condensed Consolidated Statements of Condition. Periodic operating lease costs are recorded in occupancy expenses of premises on the Company's Condensed Consolidated Statements of Income. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term, and lease liabilities represent the Company’s obligation to make lease payments arising from the lease arrangements. Operating lease ROU assets and liabilities are recognized at the lease commencement date based on the present value of the expected future lease payments over the remaining lease term. In determining the present value of future lease payments, the Company uses its incremental borrowing rate based on the information available at the lease commencement date. The operating ROU assets are adjusted for any lease payments made at or before the lease commencement date, initial direct costs, any lease incentives received and, for acquired leases, any favorable or unfavorable fair value adjustments. The present value of the lease liability may include the impact of options to extend or terminate the lease when it is reasonably certain that the Company will exercise such options provided in the lease terms. Lease expense is recognized on a straight-line basis over the expected lease term. Lease agreements that include lease and non-lease components, such as common area maintenance charges, are accounted for separately.
Segment Reporting	Segment Reporting Operating segments are components of a business about which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assessing performance. The Bank is the Company’s only reportable operating segment upon which management makes decisions regarding how to allocate resources and assess performance. While the Company’s chief operating decision maker has some limited financial information about the Bank's various financial products and services, that information is not complete since it does not include a full allocation of revenue, costs, and capital from key corporate functions; therefore, the Company evaluates financial performance on the Company-wide basis. Management continues to evaluate these business units for separate reporting as facts and circumstances change.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess purchase price paid over the fair value of the net assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The current accounting guidance provides the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The Company assesses qualitative factors on a quarterly basis. Based on the assessment of these qualitative factors, if it is determined that it is more likely than not that the fair value of a reporting unit remains in excess of the carrying value, then performing a quantitative impairment test is not necessary. However, if it is determined that it is more likely than not that the carrying value exceeds the fair value, a quantitative analysis is required to determine whether an impairment exists. As of October 1, 2023, the Company’s annual goodwill impairment assessment date, the Company performed an impairment test for its two reporting units: Community Banking and Investment Management. The results of the 2023 annual goodwill impairment test for the two reporting units, which included both qualitative and quantitative assessments, indicated that the estimated fair value of each reporting unit exceeded its carrying amount and that the goodwill assigned to the Community Banking reporting unit may be at risk of impairment in future periods. The Company provided detailed disclosures regarding the 2023 impairment analysis and the results of the testing in its annual financial statements for the year ended December 31, 2023 in its 2023 Annual Report on Form 10-K. In addition to the annual impairment testing process, on a quarterly basis, the Company monitors each reporting unit for any triggering events and performs qualitative assessments of impairment indicators. During the second quarter of 2024, the Company determined that there were no triggering events and completed the qualitative assessment of impairment indicators, which included an assessment of changes in macroeconomic conditions and comparison of the actual operating performance to the forecast used in the most recent annual impairment test. Based on these considerations, the Company concluded that it was more-likely-than-not that the fair value of our reporting units remained above the respective carrying amounts as of June 30, 2024. Other intangible assets have finite lives and are reviewed for impairment annually. These assets are amortized over their estimated useful lives on a straight-line or sum-of-the-years basis over varying periods that initially did not exceed 15 years. Intangible assets are reviewed or analyzed periodically to determine if it appears that their value has diminished beyond the value in the financial statements. The review or analysis of the intangible assets did not indicate that any impairment occurred during the second quarter of 2024.
Adopted Accounting Pronouncements and Pending Accounting Pronouncements applicable to the Company	Adopted Accounting Pronouncements 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". ASU 2023-02 allows reporting entities to elect to account for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. The amendment in this ASU also removes the specialized guidance for low-income-housing tax credit investments that are not accounted for using the proportional amortization method and instead require that those LIHTC investments be accounted for using the guidance in other GAAP. The Company fully adopted this update effective January 1, 2024 on a prospective basis. The adoption of this pronouncement did not have a material impact on the Condensed Consolidated Financial Statements. Pending Accounting Pronouncements applicable to the Company In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures", which requires public entities to disclose information about their reportable segments' significant expenses on an interim and annual basis. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Entities must adopt this ASU on a retrospective basis. Early adoption is permitted. Currently, the Company does not expect that the adoption of this standard will have a material impact on its Consolidated Financial Statements. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. ASU 2023-09 improves the transparency of income tax disclosures by requiring entities to provide greater disaggregation of information on income taxes paid and on the rate reconciliation disclosures. This pronouncement also requires qualitative discussion of the primary state and local jurisdictions for income taxes and the type of reconciling categories. For public business entities, this ASU is effective for fiscal years beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company does not expect that the adoption of this standard will have a material impact on its Consolidated Financial Statements.

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Estimated Fair Values of Investments	The amortized cost and estimated fair values of investments available-for-sale and held-to-maturity at the dates indicated are presented in the following table: June 30, 2024 December 31, 2023 (In thousands) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Available-for-sale debt securities: U.S. treasuries and government agencies $ 87,052 $ — $ (4,093) $ 82,959 $ 101,678 $ — $ (4,751) $ 96,927 State and municipal 310,073 1 (48,179) 261,895 311,505 1 (43,292) 268,214 Mortgage-backed and asset-backed 829,843 82 (72,933) 756,992 807,636 181 (70,277) 737,540 Total available-for-sale debt securities $ 1,226,968 $ 83 $ (125,205) $ 1,101,846 $ 1,220,819 $ 182 $ (118,320) $ 1,102,681 Held-to-maturity debt securities: Mortgage-backed and asset-backed 226,233 — (38,844) 187,389 236,165 — (35,754) 200,411 Total held-to-maturity debt securities $ 226,233 $ — $ (38,844) $ 187,389 $ 236,165 $ — $ (35,754) $ 200,411 Total debt securities $ 1,453,201 $ 83 $ (164,049) $ 1,289,235 $ 1,456,984 $ 182 $ (154,074) $ 1,303,092
Schedule of Gross Unrealized Losses and Fair Value by Length of Time in Unrealized Loss Position	Gross unrealized losses and fair value by length of time that the individual available-for-sale debt securities have been in an unrealized loss position at the dates indicated are presented in the following table: June 30, 2024 Number Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. treasuries and government agencies 8 $ — $ — $ 82,959 $ 4,093 $ 82,959 $ 4,093 State and municipal 123 3,935 17 254,490 48,162 258,425 48,179 Mortgage-backed and asset-backed 342 98,381 552 635,082 72,381 733,463 72,933 Total 473 $ 102,316 $ 569 $ 972,531 $ 124,636 $ 1,074,847 $ 125,205 December 31, 2023 Number Less Than 12 Months 12 Months or More Total (Dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. treasuries and government agencies 10 $ — $ — $ 96,927 $ 4,751 $ 96,927 $ 4,751 State and municipal 123 4,162 84 262,081 43,208 266,243 43,292 Mortgage-backed and asset-backed 321 22,731 106 691,281 70,171 714,012 70,277 Total 454 $ 26,893 $ 190 $ 1,050,289 $ 118,130 $ 1,077,182 $ 118,320
Estimated Fair Values of Debt Securities by Contractual Maturity	The estimated fair values and amortized costs of available-for-sale and held-to-maturity debt securities by contractual maturity are provided in the following tables: June 30, 2024 December 31, 2023 (In thousands) Fair Value Amortized Cost Fair Value Amortized Cost Available-for-sale debt securities U.S. treasuries and government agencies: One year or less $ 12,581 $ 12,893 $ 17,798 $ 17,979 One to five years 70,378 74,159 79,129 83,699 Five to ten years — — — — After ten years — — — — State and municipal: One year or less 29,274 29,516 22,345 22,793 One to five years 29,372 30,785 33,282 34,288 Five to ten years 54,040 64,547 46,355 54,487 After ten years 149,209 185,225 166,232 199,937 Mortgage-backed and asset-backed: One year or less 35,077 35,406 20,814 21,111 One to five years 21,428 22,031 29,823 30,666 Five to ten years 269,833 293,333 256,924 280,209 After ten years 430,654 479,073 429,979 475,650 Total available-for-sale debt securities $ 1,101,846 $ 1,226,968 $ 1,102,681 $ 1,220,819 June 30, 2024 December 31, 2023 (In thousands) Fair Value Amortized Cost Fair Value Amortized Cost Held-to-maturity debt securities Mortgage-backed and asset-backed: One year or less $ — $ — $ — $ — One to five years — — — — Five to ten years 29,041 32,194 31,434 34,458 After ten years 158,348 194,039 168,977 201,707 Total held-to-maturity debt securities $ 187,389 $ 226,233 $ 200,411 $ 236,165
Summary of Other Investments	Other investments are presented in the following table: (In thousands) June 30, 2024 December 31, 2023 Federal Reserve Bank stock, at cost $ 39,189 $ 39,125 Federal Home Loan Bank of Atlanta stock, at cost 33,566 35,805 Other 677 677 Total other investments, at cost $ 73,432 $ 75,607

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
Loan Portfolio Segment Balances	The loan portfolio segment balances at the dates indicated are presented in the following table: (In thousands) June 30, 2024 December 31, 2023 Commercial real estate: Commercial investor real estate $ 4,933,329 $ 5,104,425 Commercial owner-occupied real estate 1,747,708 1,755,235 Commercial AD&C 1,184,296 988,967 Commercial business 1,601,510 1,504,880 Total commercial loans 9,466,843 9,353,507 Residential real estate: Residential mortgage 1,521,890 1,474,521 Residential construction 78,027 121,419 Consumer 417,161 417,542 Total residential and consumer loans 2,017,078 2,013,482 Total loans $ 11,483,921 $ 11,366,989

CREDIT QUALITY ASSESSMENT (Tabl

CREDIT QUALITY ASSESSMENT (Tables)	6 Months Ended
	Jun. 30, 2024
Credit Loss [Abstract]
Summary Information on the Allowance for Credit Loss Activity	Summary information on the allowance for credit losses on loans for the period indicated is provided in the following table: Six Months Ended June 30, (In thousands) 2024 2023 Balance at beginning of period $ 120,865 $ 136,242 Provision/ (credit) for credit losses - loans (1) 6,292 (14,491) Loan charge-offs (1,939) (2,265) Loan recoveries 645 801 Net charge-offs (1,294) (1,464) Balance at period end $ 125,863 $ 120,287 (1) Excludes the total credit to the provision on unfunded loan commitments for the six months ended June 30, 2024 and June 30, 2023 of $2.9 million and $2.0 million, respectively.
Schedule of Collateral Dependent Loans Individually Evaluated for Credit Loss	The following table provides summary information regarding collateral dependent loans individually evaluated for credit loss at the dates indicated: (In thousands) June 30, 2024 December 31, 2023 Collateral dependent loans individually evaluated for credit loss with an allowance $ 69,122 $ 72,179 Collateral dependent loans individually evaluated for credit loss without an allowance 19,645 15,989 Total individually evaluated collateral dependent loans $ 88,767 $ 88,168 Allowance for credit losses related to loans evaluated individually $ 23,042 $ 24,000 Allowance for credit losses related to loans evaluated collectively 102,821 96,865 Total allowance for credit losses - loans $ 125,863 $ 120,865
Activity in Allowance for Credit Losses or Loan and Lease Losses by Respective Loan Portfolio Segment	The following tables provide information on the activity in the allowance for credit losses by the respective loan portfolio segment for the period indicated: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (Dollars in thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Balance at beginning of period $ 61,439 $ 7,536 $ 8,287 $ 31,932 $ 8,890 $ 729 $ 2,052 $ 120,865 Provision/ (credit) for credit losses - loans 2,454 (713) 3,843 (210) 631 (367) 654 6,292 Charge-offs (1) — — (1,551) (50) — (337) (1,939) Recoveries 6 54 306 29 17 — 233 645 Net (charge-offs)/ recoveries 5 54 306 (1,522) (33) — (104) (1,294) Balance at end of period $ 63,898 $ 6,877 $ 12,436 $ 30,200 $ 9,488 $ 362 $ 2,602 $ 125,863 Total loans $ 4,933,329 $ 1,747,708 $ 1,184,296 $ 1,601,510 $ 1,521,890 $ 78,027 $ 417,161 $ 11,483,921 Allowance for credit losses on loans to total loans ratio 1.30 % 0.39 % 1.05 % 1.89 % 0.62 % 0.46 % 0.62 % 1.10 % Average loans $ 5,010,870 $ 1,740,074 $ 1,082,134 $ 1,530,067 $ 1,505,013 $ 98,547 $ 417,372 $ 11,384,077 Annualized net charge-offs/ (recoveries) to average loans — % (0.01) % (0.06) % 0.20 % — % — % 0.05 % 0.02 % Balance of loans individually evaluated for credit loss $ 68,782 $ 9,403 $ 2,127 $ 8,455 $ — $ — $ — $ 88,767 Allowance related to loans evaluated individually $ 16,506 $ 1,093 $ 102 $ 5,341 $ — $ — $ — $ 23,042 Individual allowance to loans evaluated individually ratio 24.00 % 11.62 % 4.80 % 63.17 % — % — % — % 25.96 % Contractual balance of individually evaluated loans $ 69,948 $ 10,488 $ 2,152 $ 9,604 $ — $ — $ — $ 92,192 Balance of loans collectively evaluated for credit loss $ 4,864,547 $ 1,738,305 $ 1,182,169 $ 1,593,055 $ 1,521,890 $ 78,027 $ 417,161 $ 11,395,154 Allowance related to loans evaluated collectively $ 47,392 $ 5,784 $ 12,334 $ 24,859 $ 9,488 $ 362 $ 2,602 $ 102,821 Collective allowance to loans evaluated collectively ratio 0.97 % 0.33 % 1.04 % 1.56 % 0.62 % 0.46 % 0.62 % 0.90 % For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (Dollars in thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Balance at beginning of period $ 64,737 $ 11,646 $ 18,646 $ 28,027 $ 9,424 $ 1,337 $ 2,425 $ 136,242 Provision for credit losses - loans (3,323) (4,215) (10,359) 4,051 (488) (608) 1,048 (13,894) Charge-offs — — — (449) (160) — (2,005) (2,614) Recoveries 25 105 — 303 114 — 584 1,131 Net (charge-offs)/ recoveries 25 105 — (146) (46) — (1,421) (1,483) Balance at end of period $ 61,439 $ 7,536 $ 8,287 $ 31,932 $ 8,890 $ 729 $ 2,052 $ 120,865 Total loans $ 5,104,425 $ 1,755,235 $ 988,967 $ 1,504,880 $ 1,474,521 $ 121,419 $ 417,542 $ 11,366,989 Allowance for credit losses on loans to total loans ratio 1.20 % 0.43 % 0.84 % 2.12 % 0.60 % 0.60 % 0.49 % 1.06 % Average loans $ 5,133,279 $ 1,766,839 $ 1,023,669 $ 1,440,382 $ 1,380,496 $ 187,599 $ 421,963 $ 11,354,227 Net charge-offs/ (recoveries) to average loans — % (0.01) % — % 0.01 % — % — % 0.34 % 0.01 % Balance of loans individually evaluated for credit loss $ 72,218 $ 4,640 $ 1,259 $ 10,051 $ — $ — $ — $ 88,168 Allowance related to loans evaluated individually $ 15,353 $ 1,159 $ 102 $ 7,386 $ — $ — $ — $ 24,000 Individual allowance to loans evaluated individually ratio 21.26 % 24.98 % 8.10 % 73.49 % — % — % — % 27.22 % Contractual balance of individually evaluated loans $ 72,712 $ 5,623 $ 1,270 $ 11,500 $ — $ — $ — $ 91,105 Balance of loans collectively evaluated for credit loss $ 5,032,207 $ 1,750,595 $ 987,708 $ 1,494,829 $ 1,474,521 $ 121,419 $ 417,542 $ 11,278,821 Allowance related to loans evaluated collectively $ 46,086 $ 6,377 $ 8,185 $ 24,546 $ 8,890 $ 729 $ 2,052 $ 96,865 Collective allowance to loans evaluated collectively ratio 0.92 % 0.36 % 0.83 % 1.64 % 0.60 % 0.60 % 0.49 % 0.86 %
Schedule of Information on the Credit Quality of Loan Portfolio	The following tables provide information on the credit quality of the loan portfolio for the periods indicated below: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Analysis of non-accrual loan activity: Balance at beginning of period $ 58,658 $ 4,640 $ 1,259 $ 10,051 $ 12,332 $ 443 $ 4,102 $ 91,485 Loans placed on non-accrual 1,085 5,076 1,571 1,653 1,168 — 975 11,528 Non-accrual balances transferred to OREO (2,700) — — — — — — (2,700) Non-accrual balances charged-off (1) — — (1,549) — — — (1,550) Net payments or draws (1,544) (313) (703) (1,700) (701) 96 (579) (5,444) Non-accrual loans brought current — — — — (571) — (98) (669) Balance at end of period $ 55,498 $ 9,403 $ 2,127 $ 8,455 $ 12,228 $ 539 $ 4,400 $ 92,650 For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Analysis of non-accrual loan activity: Balance at beginning of period $ 9,943 $ 5,019 $ — $ 7,322 $ 7,439 $ — $ 5,059 $ 34,782 Loans placed on non-accrual 62,725 — 2,111 6,271 7,871 449 2,450 81,877 Non-accrual balances transferred to OREO — — — — — — — — Non-accrual balances charged-off — — — (441) (160) — (1,757) (2,358) Net payments or draws (14,010) (379) (852) (2,588) (1,667) (6) (1,528) (21,030) Non-accrual loans brought current — — — (513) (1,151) — (122) (1,786) Balance at end of period $ 58,658 $ 4,640 $ 1,259 $ 10,051 $ 12,332 $ 443 $ 4,102 $ 91,485
Credit Quality of Loan Portfolio by Segment	June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Performing loans: Current $ 4,873,362 $ 1,736,874 $ 1,181,407 $ 1,590,529 $ 1,497,566 $ 76,749 $ 411,670 $ 11,368,157 30-59 days 3,219 1,160 — 2,339 11,165 739 1,036 19,658 60-89 days 1,250 271 762 187 592 — 55 3,117 Total performing loans 4,877,831 1,738,305 1,182,169 1,593,055 1,509,323 77,488 412,761 11,390,932 Non-performing loans: Non-accrual loans 55,498 9,403 2,127 8,455 12,228 539 4,400 92,650 Loans greater than 90 days past due — — — — 339 — — 339 Total non-performing loans 55,498 9,403 2,127 8,455 12,567 539 4,400 92,989 Total loans $ 4,933,329 $ 1,747,708 $ 1,184,296 $ 1,601,510 $ 1,521,890 $ 78,027 $ 417,161 $ 11,483,921 December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Performing loans: Current $ 5,044,647 $ 1,748,449 $ 986,859 $ 1,494,426 $ 1,445,785 $ 118,976 $ 409,607 $ 11,248,749 30-59 days 1,120 2,056 849 383 14,026 2,000 3,298 23,732 60-89 days — 90 — — 2,036 — 535 2,661 Total performing loans 5,045,767 1,750,595 987,708 1,494,809 1,461,847 120,976 413,440 11,275,142 Non-performing loans: Non-accrual loans 58,658 4,640 1,259 10,051 12,332 443 4,102 91,485 Loans greater than 90 days past due — — — 20 342 — — 362 Total non-performing loans 58,658 4,640 1,259 10,071 12,674 443 4,102 91,847 Total loans $ 5,104,425 $ 1,755,235 $ 988,967 $ 1,504,880 $ 1,474,521 $ 121,419 $ 417,542 $ 11,366,989
Table of Average Principal Balance of the Total Non-Accrual Loans and Contractual Interest Due	The following tables present the average principal balance of total non-accrual loans and contractual interest due on non-accrual loans for the periods indicated below: For the Six Months Ended June 30, 2024 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Average non-accrual loans for the period $ 56,578 $ 6,146 $ 1,314 $ 8,557 $ 12,131 $ 508 $ 4,171 $ 89,405 Contractual interest income due on non- accrual loans during the period $ 1,769 $ 190 $ 40 $ 320 $ 313 $ 13 $ 200 $ 2,845 For the Year Ended December 31, 2023 Commercial Real Estate Residential Real Estate (In thousands) Commercial Commercial Commercial Commercial Residential Residential Consumer Total Average non-accrual loans for the period $ 28,650 $ 4,795 $ 812 $ 9,640 $ 10,547 $ 223 $ 4,146 $ 58,813 Contractual interest income due on non- accrual loans during the period $ 760 $ 298 $ 41 $ 716 $ 432 $ 6 $ 299 $ 2,552
Information About Credit Quality Indicator by the Year Of Origination	The following table provides information about credit quality indicators by the year of origination as of June 30, 2024: June 30, 2024 Term Loans by Origination Year (1) Revolving (In thousands) 2024 2023 2022 2021 2020 Prior Loans Total Commercial Investor R/E: Pass $ 195,837 $ 309,794 $ 1,301,450 $ 1,161,385 $ 577,096 $ 1,199,951 $ 27,983 $ 4,773,496 Special Mention 21,360 5,580 — 309 15,790 23,334 — 66,373 Substandard 32,254 3,585 455 28,244 996 27,926 — 93,460 Doubtful — — — — — — — — Total $ 249,451 $ 318,959 $ 1,301,905 $ 1,189,938 $ 593,882 $ 1,251,211 $ 27,983 $ 4,933,329 Current period gross charge-offs $ — $ — $ — $ 1 $ — $ — $ — $ 1 Commercial Owner-Occupied R/E: Pass $ 91,204 $ 114,232 $ 349,017 $ 307,859 $ 230,851 $ 613,978 $ 5,226 $ 1,712,367 Special Mention 32 3,460 1,800 58 863 9,844 — 16,057 Substandard — 570 2,800 2,963 336 12,615 — 19,284 Doubtful — — — — — — — — Total $ 91,236 $ 118,262 $ 353,617 $ 310,880 $ 232,050 $ 636,437 $ 5,226 $ 1,747,708 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial AD&C: Pass $ 195,714 $ 300,538 $ 358,564 $ 136,334 $ 4,942 $ — $ 134,460 $ 1,130,552 Special Mention 2,121 — 27,994 21,502 — — — 51,617 Substandard 122 1,571 434 — — — — 2,127 Doubtful — — — — — — — — Total $ 197,957 $ 302,109 $ 386,992 $ 157,836 $ 4,942 $ — $ 134,460 $ 1,184,296 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Business: Pass $ 190,155 $ 180,085 $ 315,120 $ 181,772 $ 81,362 $ 160,139 $ 445,419 $ 1,554,052 Special Mention 675 711 3,919 1,689 274 605 20,945 28,818 Substandard 3,111 2,137 1,377 2,576 1,274 2,097 6,068 18,640 Doubtful — — — — — — — — Total $ 193,941 $ 182,933 $ 320,416 $ 186,037 $ 82,910 $ 162,841 $ 472,432 $ 1,601,510 Current period gross charge-offs $ — $ — $ 612 $ — $ — $ 939 $ — $ 1,551 Residential Mortgage: Beacon score: 660-850 $ 15,561 $ 41,076 $ 509,458 $ 395,278 $ 161,201 $ 288,775 $ — $ 1,411,349 600-659 10 1,114 14,701 19,073 3,787 25,967 — 64,652 540-599 — 1,200 2,237 3,140 2,976 10,997 — 20,550 less than 540 — 527 1,306 5,088 1,745 16,673 — 25,339 Total $ 15,571 $ 43,917 $ 527,702 $ 422,579 $ 169,709 $ 342,412 $ — $ 1,521,890 Current period gross charge-offs $ — $ — $ — $ 50 $ — $ — $ — $ 50 Residential Construction: Beacon score: 660-850 $ 3,544 $ 27,132 $ 27,805 $ 12,201 $ 2,082 $ 150 $ — $ 72,914 600-659 — — — — — 1,308 — 1,308 540-599 539 — 1,766 — 1,500 — — 3,805 less than 540 — — — — — — — — Total $ 4,083 $ 27,132 $ 29,571 $ 12,201 $ 3,582 $ 1,458 $ — $ 78,027 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer: Beacon score: 660-850 $ 5,524 $ 8,412 $ 4,209 $ 1,657 $ 694 $ 26,383 $ 330,123 $ 377,002 600-659 191 1,731 201 62 60 2,640 15,256 20,141 540-599 4 394 417 122 146 2,617 4,195 7,895 less than 540 68 351 287 256 179 2,593 8,389 12,123 Total $ 5,787 $ 10,888 $ 5,114 $ 2,097 $ 1,079 $ 34,233 $ 357,963 $ 417,161 Current period gross charge-offs $ — $ — $ — $ 5 $ — $ 14 $ 318 $ 337 Total loans $ 758,026 $ 1,004,200 $ 2,925,317 $ 2,281,568 $ 1,088,154 $ 2,428,592 $ 998,064 $ 11,483,921 (1) Includes new loan originations, loan renewals and loan extensions. The following table provides information about credit quality indicators by the year of origination as of December 31, 2023: December 31, 2023 Term Loans by Origination Year (1) Revolving (In thousands) 2023 2022 2021 2020 2019 Prior Loans Total Commercial Investor R/E: Pass $ 405,740 $ 1,395,973 $ 1,195,708 $ 634,361 $ 511,146 $ 848,958 $ 23,653 $ 5,015,539 Special Mention 9,250 — 316 — — 1,978 — 11,544 Substandard 30,792 465 30,927 — — 14,410 748 77,342 Doubtful — — — — — — — — Total $ 445,782 $ 1,396,438 $ 1,226,951 $ 634,361 $ 511,146 $ 865,346 $ 24,401 $ 5,104,425 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Owner-Occupied R/E: Pass $ 136,072 $ 361,247 $ 318,269 $ 238,761 $ 235,145 $ 428,846 $ 5,621 $ 1,723,961 Special Mention 406 70 2,240 875 2,267 8,616 — 14,474 Substandard 2,562 3,634 801 343 5,866 3,594 — 16,800 Doubtful — — — — — — — — Total $ 139,040 $ 364,951 $ 321,310 $ 239,979 $ 243,278 $ 441,056 $ 5,621 $ 1,755,235 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial AD&C: Pass $ 334,918 $ 288,732 $ 178,889 $ 28,954 $ — $ — $ 155,889 $ 987,382 Special Mention — — — — — — — — Substandard 1,016 569 — — — — — 1,585 Doubtful — — — — — — — — Total $ 335,934 $ 289,301 $ 178,889 $ 28,954 $ — $ — $ 155,889 $ 988,967 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial Business: Pass $ 247,081 $ 344,034 $ 202,020 $ 92,198 $ 62,413 $ 118,061 $ 410,856 $ 1,476,663 Special Mention 532 45 180 1,037 1,040 294 3,635 6,763 Substandard 6,725 2,073 2,281 917 1,925 1,571 5,962 21,454 Doubtful — — — — — — — — Total $ 254,338 $ 346,152 $ 204,481 $ 94,152 $ 65,378 $ 119,926 $ 420,453 $ 1,504,880 Current period gross charge-offs $ — $ 9 $ 324 $ — $ — $ 116 $ — $ 449 Residential Mortgage: Beacon score: 660-850 $ 31,853 $ 476,631 $ 394,414 $ 166,387 $ 41,473 $ 266,927 $ — $ 1,377,685 600-659 781 7,022 18,284 2,009 1,882 24,040 — 54,018 540-599 — 1,545 2,698 2,371 1,891 9,377 — 17,882 less than 540 229 2,042 3,351 2,424 2,533 14,357 — 24,936 Total $ 32,863 $ 487,240 $ 418,747 $ 173,191 $ 47,779 $ 314,701 $ — $ 1,474,521 Current period gross charge-offs $ — $ — $ 43 $ — $ 10 $ 107 $ — $ 160 Residential Construction: Beacon score: 660-850 $ 21,975 $ 68,273 $ 21,897 $ 2,478 $ 150 $ — $ — $ 114,773 600-659 1,641 500 1,319 1,500 — 1,243 — 6,203 540-599 443 — — — — — — 443 less than 540 — — — — — — — — Total $ 24,059 $ 68,773 $ 23,216 $ 3,978 $ 150 $ 1,243 $ — $ 121,419 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer: Beacon score: 660-850 $ 11,452 $ 4,960 $ 1,823 $ 519 $ 1,662 $ 24,543 $ 333,382 $ 378,341 600-659 1,209 192 237 425 209 3,954 12,668 18,894 540-599 24 374 87 47 500 2,868 5,920 9,820 less than 540 384 215 132 50 288 2,803 6,615 10,487 Total $ 13,069 $ 5,741 $ 2,279 $ 1,041 $ 2,659 $ 34,168 $ 358,585 $ 417,542 Current period gross charge-offs $ — $ 20 $ 28 $ — $ 15 $ 1,735 $ 207 $ 2,005 Total loans $ 1,245,085 $ 2,958,596 $ 2,375,873 $ 1,175,656 $ 870,390 $ 1,776,440 $ 964,949 $ 11,366,989 (1) Includes new loan originations, loan renewals and loan extensions.
Schedule of Loans Modified	The following table presents the amount of the loans modified during the periods indicated below to borrowers experiencing financial difficulty, disaggregated by the loan portfolio segment, type of modification granted and the financial effect of loans modified: For the Three Months Ended June 30, 2024 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ — $ 22,938 $ — $ 22,938 0.5 % — % 4 Months Commercial Owner-Occupied R/E — 515 — 515 — % — % 9 Months Commercial AD&C — — — — — % — % — Commercial Business 8 8,653 91 8,752 0.5 % 1.9 % 5 Months All Other loans — — — — — % — % — Total $ 8 $ 32,106 $ 91 $ 32,205 0.3 % For the Three Months Ended June 30, 2023 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ 28,340 $ 486 $ — $ 28,826 0.6 % 2.6 % 5 Months Commercial Owner-Occupied R/E — 2,000 — 2,000 0.1 % — % 8 Months Commercial AD&C — 350 — 350 — % — % 9 Months Commercial Business — 858 — 858 0.1 % — % 8 Months All Other loans — — — — — % — % — Total $ 28,340 $ 3,694 $ — $ 32,034 0.3 % For the Six Months Ended June 30, 2024 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ — $ 34,543 $ — $ 34,543 0.7 % — % 7 Months Commercial Owner-Occupied R/E — 515 — 515 — % — % 9 Months Commercial AD&C — 122 — 122 — % — % 17 Months Commercial Business 8 8,788 150 8,946 0.6 % 1.4 % 7 Months All Other loans — 539 — 539 — % — % 9 Months Total $ 8 $ 44,507 $ 150 $ 44,665 0.4 % For the Six Months Ended June 30, 2023 Interest rate reduction Term extension Rate reduction & Term extension Total Interest rate reduction Term extension (in thousands) Amount Amount Amount Amount % of total loan segment Weighted Average Weighted Average Commercial Investor R/E $ 28,340 $ 553 $ — $ 28,893 0.6 % 2.6 % 5 Months Commercial Owner-Occupied R/E — 2,000 — 2,000 0.1 % — % 8 Months Commercial AD&C — 350 — 350 — % — % 9 Months Commercial Business — 950 — 950 0.1 % — % 8 Months All Other loans — — — — — % — % — Total $ 28,340 $ 3,853 $ — $ 32,193 0.3 % The following table presents the performance of loans that have been modified during the periods indicated: For the Six Months Ended June 30, 2024 (in thousands) Current 30-89 days past due 90+ days past due Total Commercial Investor R/E $ 33,397 $ 1,146 $ — $ 34,543 Commercial Owner-Occupied R/E 515 — — 515 Commercial AD&C — — 122 122 Commercial Business 8,896 50 — 8,946 All Other loans — — 539 539 Total $ 42,808 $ 1,196 $ 661 $ 44,665 For the Six Months Ended June 30, 2023 (in thousands) Current 30-89 days past due 90+ days past due Total Commercial Investor R/E $ 28,680 $ 213 $ — $ 28,893 Commercial Owner-Occupied R/E 2,000 — — 2,000 Commercial AD&C 350 — — 350 Commercial Business 950 — — 950 All Other loans — — — — Total $ 31,980 $ 213 $ — $ 32,193

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Amount of Goodwill by Reporting Units	The amount of goodwill by reporting units is presented in the following table: (In thousands) Community Investment Total Balances at December 31, 2023 $ 331,689 $ 31,747 $ 363,436 No activity — — — Balances at June 30, 2024 $ 331,689 $ 31,747 $ 363,436
Gross Carrying Amounts and Accumulated Amortization of Intangible Assets and Goodwill	The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table: June 30, 2024 Weighted December 31, 2023 Weighted (Dollars in thousands) Gross Accumulated Net Gross Accumulated Net Amortizing intangible assets: Core deposit intangibles $ 29,038 $ (21,681) $ 7,357 4.4 years $ 29,038 $ (20,181) $ 8,857 5.5 years Software intangibles 12,958 (2,186) 10,772 3.8 years 10,422 (183) 10,239 4.8 years Other identifiable intangibles 13,906 (8,650) 5,256 7.4 years 13,906 (7,949) 5,957 7.7 years Total amortizing intangible assets $ 55,902 $ (32,517) $ 23,385 $ 53,366 $ (28,313) $ 25,053 Non-amortizing intangible assets: Intangible projects in process (1) 6,702 — 6,702 $ 3,248 $ — $ 3,248 Total intangible assets $ 62,604 $ (32,517) $ 30,087 $ 56,614 $ (28,313) $ 28,301 Goodwill $ 363,436 $ 363,436 $ 363,436 $ 363,436 (1) Capitalized costs on internal-use licensed software-related projects that are currently in the development/implementation phase.
Estimated Future Amortization Expense for Amortizing Intangibles	The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31: (In thousands) Amount Remaining 2024 $ 4,348 2025 6,077 2026 4,940 2027 3,897 2028 2,970 Thereafter 1,153 Total amortizing intangible assets $ 23,385

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
	Jun. 30, 2024
Deposits [Abstract]
Composition of Deposits	The following table presents the composition of deposits at the dates indicated: (In thousands) June 30, 2024 December 31, 2023 Noninterest-bearing deposits $ 2,931,405 $ 2,914,161 Interest-bearing deposits: Demand 1,433,595 1,463,679 Money market savings 2,848,113 2,628,918 Regular savings 1,678,066 1,275,225 Time deposits of less than $250,000 1,806,327 2,068,259 Time deposits of $250,000 or more 642,722 646,296 Total interest-bearing deposits 8,408,823 8,082,377 Total deposits $ 11,340,228 $ 10,996,538

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Schedule of Subordinated Debt	The following table provides information on subordinated debt as of the date indicated: (In thousands) June 30, 2024 December 31, 2023 Fixed to floating rate subordinated debt, 3.875% $ 200,000 $ 200,000 Fixed to floating rate subordinated debt, 4.25% 175,000 175,000 Total subordinated debt 375,000 375,000 Less: Debt issuance costs (3,899) (4,197) Long-term borrowings $ 371,101 $ 370,803

SHARE BASED COMPENSATION (Table

SHARE BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Activity for Company's Restricted Stock	A summary of the activity for the Company’s restricted stock, restricted stock units and performance share units for the period indicated is presented in the following table: Number Weighted Non-vested at January 1, 2024 458,929 $ 32.90 Granted 344,748 $ 22.28 Vested (214,896) $ 33.88 Forfeited/ cancelled (7,542) $ 28.03 Non-vested at June 30, 2024 581,239 $ 26.56
Summary of Share Option Activity	A summary of share option activity for the period indicated is reflected in the following table: Number Weighted Weighted Aggregate Balance at January 1, 2024 80,195 $ 19.07 1.2 years $ 621 Granted — $ — Exercised (9,938) $ 10.96 $ 135 Forfeited — $ — Expired (6,468) $ 42.28 Balance at June 30, 2024 63,789 $ 17.97 1.0 year $ 516 Exercisable at June 30, 2024 63,789 $ 17.97 1.0 years $ 516

PENSION PLAN (Tables)

PENSION PLAN (Tables)	6 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
Net Periodic Benefit Cost	The components of net periodic benefit cost for the periods indicated are presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2024 2023 2024 2023 Interest cost on projected benefit obligation $ — $ 437 $ — $ 875 Expected return on plan assets — (373) — (746) Recognized net actuarial loss — 226 — 451 Net periodic benefit cost $ — $ 290 $ — $ 580

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Calculation of Net Income Per Common Share	The calculation of net income per common share for the periods indicated is presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (Dollars and amounts in thousands, except per share data) 2024 2023 2024 2023 Net income $ 22,807 $ 24,745 $ 43,179 $ 75,998 Distributed and undistributed earnings allocated to participating securities (7) (33) (34) (177) Net income attributable to common shareholders $ 22,800 $ 24,712 $ 43,145 $ 75,821 Total weighted average outstanding shares 45,100 44,894 45,045 44,860 Less: Weighted average participating securities (13) (61) (36) (104) Basic weighted average common shares 45,087 44,833 45,009 44,756 Dilutive weighted average common stock equivalents 58 56 104 121 Diluted weighted average common shares 45,145 44,889 45,113 44,877 Basic net income per common share $ 0.51 $ 0.55 $ 0.96 $ 1.69 Diluted net income per common share $ 0.51 $ 0.55 $ 0.96 $ 1.69 Anti-dilutive shares 75 93 39 30

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Activity in Net Accumulated Other Comprehensive Income (Loss) and the Components of the Activity	The following table presents the activity in net accumulated other comprehensive income/ (loss) and the components of the activity for the periods indicated: (In thousands) Unrealized Gains/(Losses) Defined Benefit Unrealized Losses Total Balance at January 1, 2024 $ (88,169) $ — $ (9,162) $ (97,331) Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax (5,212) — — (5,212) Reclassifications from accumulated other comprehensive loss to earnings, net of tax — — 549 549 Current period change in other comprehensive loss, net of tax (5,212) — 549 (4,663) Balance at June 30, 2024 $ (93,381) $ — $ (8,613) $ (101,994) (In thousands) Unrealized Gains/ Defined Benefit Unrealized Losses Total Balance at January 1, 2023 $ (113,513) $ (8,002) $ (10,436) $ (131,951) Other comprehensive income before reclassification, net of tax 5,347 — — 5,347 Reclassifications from accumulated other comprehensive income, net of tax — 336 643 979 Current period change in other comprehensive income, net of tax 5,347 336 643 6,326 Balance at June 30, 2023 $ (108,166) $ (7,666) $ (9,793) $ (125,625)
Schedule of Reclassification Adjustments Out of Accumulated Other Comprehensive Income (Loss)	The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income/ (loss) for the periods indicated that had an impact on the Condensed Consolidated Statements of Income: Six Months Ended June 30, (In thousands) 2024 2023 Unrealized gains on available-for-sale debt securities: Affected line item in the Statements of Income: Investment securities gains $ — $ — Income before taxes — — Tax expense — — Net income $ — $ — Amortization of unrealized losses on debt securities transferred from available-for-sale to held-to-maturity: Affected line item in the Statements of Income: Interest and dividends on investment securities (1) $ (736) $ (863) Income before taxes (736) (863) Tax benefit 187 220 Net loss $ (549) $ (643) Amortization of defined benefit pension plan items: Affected line item in the Statements of Income: Recognized actuarial loss (2) $ — $ (451) Income before taxes — (451) Tax benefit — 115 Net loss $ — $ (336) (1) Amortization of unrealized losses on held-to-maturity debt securities is fully offset by accretion of a discount on held-to-maturity debt securities with no overall impact on net income and yield. (2) This amount is included in the computation of net periodic benefit cost. See Note 10 for additional information on the pension plan.

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Summary of Leases	The following table provides information regarding the Company's leases as of the dates indicated: Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Components of lease expense: Operating lease cost (resulting from lease payments) $ 2,577 $ 2,712 $ 5,142 $ 5,427 Supplemental cash flow information related to leases: Operating cash flows from operating leases $ 2,796 $ 2,861 $ 5,620 $ 5,749 ROU assets obtained in the exchange for lease liabilities due to: New leases $ 407 $ — $ 1,402 $ 703 Acquisitions $ — $ — $ — $ — June 30, 2024 December 31, 2023 Supplemental balance sheet information related to leases: Operating lease ROU assets $ 39,180 $ 40,362 Operating lease liabilities $ 46,399 $ 48,058 Other information related to leases: Weighted average remaining lease term of operating leases 5.2 years 5.6 years Weighted average discount rate of operating leases 3.73% 3.61%
Maturities of Operating Lease Liabilities	At June 30, 2024, the maturities of the Company’s operating lease liabilities were as follows: (In thousands) Amount Maturity: Remaining 2024 $ 5,624 2025 10,771 2026 10,055 2027 8,629 2028 7,135 Thereafter 9,012 Total undiscounted lease payments 51,226 Less: Present value discount (4,827) Lease liability $ 46,399

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The table below presents the fair value of the Company’s derivative financial instruments as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 (In thousands) Notional Asset Liability Notional Asset Liability Derivatives Loan Swaps: Interest Rate Swaps $ 504,915 $ 17,527 $ 17,527 $ 495,750 $ 15,867 $ 15,867 Mortgage Banking Derivatives: Interest Rate Lock Commitments 37,473 498 — 16,608 358 — Forward TBA Contracts 32,500 59 — 11,750 — 102 Total Derivatives $ 574,888 $ 18,084 $ 17,527 $ 524,108 $ 16,225 $ 15,969
Derivative Instruments, Gain (Loss)	The table below presents the changes in the fair value of the Company’s derivative financial instruments reflected within non-interest income on the Condensed Consolidated Statements of Income for the three and six months ended June 30, 2024 and 2023, respectively. Three Months Ended June 30, Six Months Ended June 30, (In thousands) Location of Gain/(Loss) 2024 2023 2024 2023 Interest rate lock commitments Mortgage banking activities $ (1,638) $ (1,274) $ 139 $ 178 Forward TBA contracts Mortgage banking activities 1,633 1,236 161 (11) Total $ (5) $ (38) $ 300 $ 167

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities at Dates Indicated that were Accounted for at Fair Value	The following tables set forth the Company’s financial assets and liabilities at the dates indicated that were accounted for or disclosed at fair value. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2024 Quoted Prices in Significant Other Significant (In thousands) (Level 1) (Level 2) (Level 3) Total Assets: Residential mortgage loans held for sale (1) $ — $ 18,961 $ — $ 18,961 Available-for-sale debt securities: U.S. treasuries and government agencies — 82,959 — 82,959 State and municipal — 261,895 — 261,895 Mortgage-backed and asset-backed — 756,992 — 756,992 Total available-for-sale debt securities — 1,101,846 — 1,101,846 Interest rate swap agreements — 17,527 — 17,527 Total assets $ — $ 1,138,334 $ — $ 1,138,334 Liabilities: Interest rate swap agreements $ — $ (17,527) $ — $ (17,527) Total liabilities $ — $ (17,527) $ — $ (17,527) (1) The outstanding principal balance for residential loans held for sale as of June 30, 2024 was $18.5 million. December 31, 2023 Quoted Prices in Significant Other Significant (In thousands) (Level 1) (Level 2) (Level 3) Total Assets: Residential mortgage loans held for sale (1) $ — $ 10,836 $ — $ 10,836 Investments available-for-sale: U.S. treasuries and government agencies — 96,927 — 96,927 State and municipal — 268,214 — 268,214 Mortgage-backed and asset-backed — 737,540 — 737,540 Total investments available-for-sale — 1,102,681 — 1,102,681 Interest rate swap agreements — 15,867 — 15,867 Total assets $ — $ 1,129,384 $ — $ 1,129,384 Liabilities: Interest rate swap agreements $ — $ (15,867) $ — $ (15,867) Total liabilities $ — $ (15,867) $ — $ (15,867) (1) The outstanding principal balance for residential loans held for sale as of December 31, 2023 was $10.5 million.
Assets Measured at Fair Value on Nonrecurring Basis	The following tables set forth the Company’s financial assets subject to fair value adjustments on a nonrecurring basis at the date indicated that are valued at the lower of cost or market. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2024 (In thousands) Quoted Prices in Significant Significant Total Total Losses Loans (1) $ — $ — $ — $ — $ — Other real estate owned — — 2,700 2,700 — Total $ — $ — $ 2,700 $ 2,700 $ — December 31, 2023 (In thousands) Quoted Prices in Significant Significant Total Total Losses Loans (1) $ — $ — $ — $ — $ — Other real estate owned — — — — — Total $ — $ — $ — $ — $ — (1) Represent outstanding collateral-dependent non-accrual loans that were written down to the fair value of the underlying collateral. Fair values are determined using actual market prices (Level 2), independent third-party valuations and borrower records, discounted as appropriate (Level 3).
Carrying Amounts and Fair Values of Company's Financial Instruments	The carrying amounts and fair values of the Company’s financial instruments at the dates indicated are presented in the following tables: Fair Value Measurements June 30, 2024 Quoted Prices in Significant Other Significant (In thousands) Carrying Estimated Financial assets: Cash and cash equivalents $ 406,710 $ 406,710 $ 406,710 $ — $ — Residential mortgage loans held for sale 18,961 18,961 — 18,961 — Available-for-sale debt securities 1,101,846 1,101,846 — 1,101,846 — Held-to-maturity debt securities 226,233 187,389 — 187,389 — Other investments 73,432 73,432 — 73,432 — Loans, net of allowance 11,358,058 10,522,647 — — 10,522,647 Interest rate swap agreements 17,527 17,527 — 17,527 — Accrued interest receivable 46,668 46,668 46,668 — — Bank owned life insurance 169,288 169,288 — 169,288 — Financial liabilities: Time deposits $ 2,449,049 $ 2,434,990 $ — $ 2,434,990 $ — Other deposits 8,891,179 8,891,179 8,891,179 — — Securities sold under retail repurchase agreements and federal funds purchased 75,038 75,038 — 75,038 — Advances from FHLB 500,000 494,551 — 494,551 — Subordinated debt 371,101 350,128 — — 350,128 Interest rate swap agreements 17,527 17,527 — 17,527 — Accrued interest payable 13,775 13,775 13,775 — — Fair Value Measurements December 31, 2023 Quoted Prices in Significant Other Significant (In thousands) Carrying Estimated Financial assets: Cash and cash equivalents $ 545,898 $ 545,898 $ 545,898 $ — $ — Residential mortgage loans held for sale 10,836 10,836 — 10,836 — Investments available-for-sale 1,102,681 1,102,681 — 1,102,681 — Held-to-maturity debt securities 236,165 200,411 — 200,411 — Other investments 75,607 75,607 — 75,607 — Loans, net of allowance 11,246,124 10,476,059 — — 10,476,059 Interest rate swap agreements 15,867 15,867 — 15,867 — Accrued interest receivable 46,583 46,583 46,583 — — Bank owned life insurance 158,921 158,921 — 158,921 — Financial liabilities: Time deposits $ 2,714,555 $ 2,704,013 $ — $ 2,704,013 $ — Other deposits 8,281,983 8,281,983 8,281,983 — — Securities sold under retail repurchase agreements and federal funds purchased 375,032 375,032 — 375,032 — Advances from FHLB 550,000 547,271 — 547,271 — Subordinated debt 370,803 348,185 — — 348,185 Interest rate swap agreements 15,867 15,867 — 15,867 — Accrued interest payable 30,367 30,367 30,367 — —

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	Oct. 01, 2023 reporting_unit
Property, Plant and Equipment [Line Items]
Number of reporting units	2

INVESTMENTS - Amortized Cost an

INVESTMENTS - Amortized Cost and Estimated Fair Values of Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Available-for-sale debt securities:
Total available-for-sale debt securities	$ 1,226,968	$ 1,220,819
Gross Unrealized Gains	83	182
Gross Unrealized Losses	(125,205)	(118,320)
Investments available-for-sale	1,101,846	1,102,681
Held-to-maturity debt securities:
Total held-to-maturity debt securities	226,233	236,165
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(38,844)	(35,754)
Total held-to-maturity debt securities	187,389	200,411
Total debt securities
Amortized Cost	1,453,201	1,456,984
Gross Unrealized Gains	83	182
Gross Unrealized Losses	(164,049)	(154,074)
Estimated Fair Value	1,289,235	1,303,092
U.S. treasuries and government agencies
Available-for-sale debt securities:
Total available-for-sale debt securities	87,052	101,678
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(4,093)	(4,751)
Investments available-for-sale	82,959	96,927
State and municipal
Available-for-sale debt securities:
Total available-for-sale debt securities	310,073	311,505
Gross Unrealized Gains	1	1
Gross Unrealized Losses	(48,179)	(43,292)
Investments available-for-sale	261,895	268,214
Mortgage-backed and asset-backed
Available-for-sale debt securities:
Total available-for-sale debt securities	829,843	807,636
Gross Unrealized Gains	82	181
Gross Unrealized Losses	(72,933)	(70,277)
Investments available-for-sale	756,992	737,540
Held-to-maturity debt securities:
Total held-to-maturity debt securities	226,233	236,165
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(38,844)	(35,754)
Total held-to-maturity debt securities	$ 187,389	$ 200,411

INVESTMENTS - Narrative (Detail

INVESTMENTS - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Separate Account Investment [Line Items]
Accrued interest receivable	$ 46,668	$ 46,583
Book value of debt securities pledged as collateral	1,453,201	1,456,984
Asset pledged as collateral | Deposits
Fair Value, Separate Account Investment [Line Items]
Book value of debt securities pledged as collateral	476,800	729,000
Collateralized mortgage obligations
Fair Value, Separate Account Investment [Line Items]
Mortgage-backed securities	459,500
Collateralized mortgage backed securities
Fair Value, Separate Account Investment [Line Items]
Mortgage-backed securities	552,400
SBA asset backed securities
Fair Value, Separate Account Investment [Line Items]
Mortgage-backed securities	44,200
Investment Securities
Fair Value, Separate Account Investment [Line Items]
Accrued interest receivable	$ 5,400	$ 5,400

INVESTMENTS - Gross Unrealized

INVESTMENTS - Gross Unrealized Losses and Fair Value by Length of Time in Unrealized Loss Position (Detail) $ in Thousands	Jun. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Debt Securities, Available-for-sale [Line Items]
Number of Securities | security	473	454
Fair Value
Less Than 12 Months	$ 102,316	$ 26,893
12 Months or More	972,531	1,050,289
Total	1,074,847	1,077,182
Unrealized Losses
Less Than 12 Months	569	190
12 Months or More	124,636	118,130
Total	$ 125,205	$ 118,320
U.S. treasuries and government agencies
Debt Securities, Available-for-sale [Line Items]
Number of Securities | security	8	10
Fair Value
Less Than 12 Months	$ 0	$ 0
12 Months or More	82,959	96,927
Total	82,959	96,927
Unrealized Losses
Less Than 12 Months	0	0
12 Months or More	4,093	4,751
Total	$ 4,093	$ 4,751
State and municipal
Debt Securities, Available-for-sale [Line Items]
Number of Securities | security	123	123
Fair Value
Less Than 12 Months	$ 3,935	$ 4,162
12 Months or More	254,490	262,081
Total	258,425	266,243
Unrealized Losses
Less Than 12 Months	17	84
12 Months or More	48,162	43,208
Total	$ 48,179	$ 43,292
Mortgage-backed and asset-backed
Debt Securities, Available-for-sale [Line Items]
Number of Securities | security	342	321
Fair Value
Less Than 12 Months	$ 98,381	$ 22,731
12 Months or More	635,082	691,281
Total	733,463	714,012
Unrealized Losses
Less Than 12 Months	552	106
12 Months or More	72,381	70,171
Total	$ 72,933	$ 70,277

INVESTMENTS - Estimated Fair Va

INVESTMENTS - Estimated Fair Values of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value
Total available-for-sale debt securities	$ 1,101,846	$ 1,102,681
Amortized Cost
Total available-for-sale debt securities	1,226,968	1,220,819
Fair Value
Total held-to-maturity debt securities	187,389	200,411
Amortized Cost
Total held-to-maturity debt securities	226,233	236,165
U.S. treasuries and government agencies
Fair Value
One year or less	12,581	17,798
One to five years	70,378	79,129
Five to ten years	0	0
After ten years	0	0
Total available-for-sale debt securities	82,959	96,927
Amortized Cost
One year or less	12,893	17,979
One to five years	74,159	83,699
Five to ten years	0	0
After ten years	0	0
Total available-for-sale debt securities	87,052	101,678
State and municipal
Fair Value
One year or less	29,274	22,345
One to five years	29,372	33,282
Five to ten years	54,040	46,355
After ten years	149,209	166,232
Total available-for-sale debt securities	261,895	268,214
Amortized Cost
One year or less	29,516	22,793
One to five years	30,785	34,288
Five to ten years	64,547	54,487
After ten years	185,225	199,937
Total available-for-sale debt securities	310,073	311,505
Mortgage-backed and asset-backed
Fair Value
One year or less	35,077	20,814
One to five years	21,428	29,823
Five to ten years	269,833	256,924
After ten years	430,654	429,979
Total available-for-sale debt securities	756,992	737,540
Amortized Cost
One year or less	35,406	21,111
One to five years	22,031	30,666
Five to ten years	293,333	280,209
After ten years	479,073	475,650
Total available-for-sale debt securities	829,843	807,636
Fair Value
One year or less	0	0
One to five years	0	0
Five to ten years	29,041	31,434
After ten years	158,348	168,977
Total held-to-maturity debt securities	187,389	200,411
Amortized Cost
One year or less	0	0
One to five years	0	0
Five to ten years	32,194	34,458
After ten years	194,039	201,707
Total held-to-maturity debt securities	$ 226,233	$ 236,165

INVESTMENTS - Other Investments

INVESTMENTS - Other Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Federal Home Loan Bank Stock and Federal Reserve Bank Stock [Abstract]
Federal Reserve Bank stock, at cost	$ 39,189	$ 39,125
Federal Home Loan Bank of Atlanta stock, at cost	33,566	35,805
Other	677	677
Total other investments, at cost	$ 73,432	$ 75,607

LOANS - Narrative (Details)

LOANS - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Receivables [Abstract]
Net deferred loan fees	$ 7,500	$ 7,000
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	46,668	46,583
Total residential and consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	$ 41,300	$ 41,200

LOANS - Loan Portfolio Segment

LOANS - Loan Portfolio Segment Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 11,483,921	$ 11,366,989
Commercial investor real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,933,329	5,104,425
Commercial owner-occupied real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,747,708	1,755,235
Commercial AD&C
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,184,296	988,967
Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,521,890	1,474,521
Residential construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	78,027	121,419
Commercial real estate: | Commercial investor real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,933,329	5,104,425
Commercial real estate: | Commercial owner-occupied real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,747,708	1,755,235
Commercial real estate: | Commercial AD&C
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,184,296	988,967
Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	9,466,843	9,353,507
Commercial business | Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,601,510	1,504,880
Residential real estate: | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,521,890	1,474,521
Residential real estate: | Residential construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	78,027	121,419
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	417,161	417,542
Total residential and consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,017,078	$ 2,013,482

CREDIT QUALITY ASSESSMENT - All

CREDIT QUALITY ASSESSMENT - Allowance for Credit Loss Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period			$ 120,865	$ 136,242	$ 136,242
Provision/ (credit) for credit losses - loans			6,292	(14,491)	(13,894)
Loan charge-offs			(1,939)	(2,265)	(2,614)
Loan recoveries			645	801	1,131
Net (charge-offs)/ recoveries			(1,294)	(1,464)	(1,483)
Balance at period end	$ 125,863	$ 120,287	125,863	120,287	$ 120,865
Provision/ (credit) for credit losses	$ 1,020	$ 5,055	3,408	(16,481)
Unfunded commitments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Provision/ (credit) for credit losses			$ (2,900)	$ (2,000)

CREDIT QUALITY ASSESSMENT - Col

CREDIT QUALITY ASSESSMENT - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Credit Loss [Abstract]
Collateral dependent loans individually evaluated for credit loss with an allowance	$ 69,122	$ 72,179
Collateral dependent loans individually evaluated for credit loss without an allowance	19,645	15,989
Total individually evaluated collateral dependent loans	88,767	88,168
Allowance for credit losses related to loans evaluated individually	23,042	24,000
Allowance for credit losses related to loans evaluated collectively	102,821	96,865
Total allowance for credit losses - loans	$ 125,863	$ 120,865	$ 120,287	$ 136,242

CREDIT QUALITY ASSESSMENT - A_2

CREDIT QUALITY ASSESSMENT - Allowance for Credit or Loan Losses by Respective Loan Portfolio Segment (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 120,865	$ 136,242	$ 136,242
Provision/ (credit) for credit losses - loans	6,292	(14,491)	(13,894)
Charge-offs	(1,939)	(2,265)	(2,614)
Recoveries	645	801	1,131
Net (charge-offs)/ recoveries	(1,294)	(1,464)	(1,483)
Balance at period end	125,863	120,287	120,865
Total loans	$ 11,483,921		$ 11,366,989
Allowance for credit losses on loans to total loans ratio	1.10%		1.06%
Average loans	$ 11,384,077		$ 11,354,227
Annualized net charge-offs/ (recoveries) to average loans	0.02%		0.01%
Balance of loans individually evaluated for credit loss	$ 88,767		$ 88,168
Allowance related to loans evaluated individually	$ 23,042		$ 24,000
Individual allowance to loans evaluated individually ratio	25.96%		27.22%
Contractual balance of individually evaluated loans	$ 92,192		$ 91,105
Balance of loans collectively evaluated for credit loss	11,395,154		11,278,821
Allowance related to loans evaluated collectively	$ 102,821		$ 96,865
Collective allowance to loans evaluated collectively ratio	0.90%		0.86%
Commercial investor real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge-offs	$ (1)		$ 0
Total loans	4,933,329		5,104,425
Commercial owner-occupied real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge-offs	0		0
Total loans	1,747,708		1,755,235
Commercial AD&C
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge-offs	0		0
Total loans	1,184,296		988,967
Residential mortgage
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge-offs	(50)		(160)
Total loans	1,521,890		1,474,521
Residential construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Charge-offs	0		0
Total loans	78,027		121,419
Commercial real estate: | Commercial investor real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	61,439	64,737	64,737
Provision/ (credit) for credit losses - loans	2,454		(3,323)
Charge-offs	(1)		0
Recoveries	6		25
Net (charge-offs)/ recoveries	5		25
Balance at period end	63,898		61,439
Total loans	$ 4,933,329		$ 5,104,425
Allowance for credit losses on loans to total loans ratio	1.30%		1.20%
Average loans	$ 5,010,870		$ 5,133,279
Annualized net charge-offs/ (recoveries) to average loans	0%		0%
Balance of loans individually evaluated for credit loss	$ 68,782		$ 72,218
Allowance related to loans evaluated individually	$ 16,506		$ 15,353
Individual allowance to loans evaluated individually ratio	24%		21.26%
Contractual balance of individually evaluated loans	$ 69,948		$ 72,712
Balance of loans collectively evaluated for credit loss	4,864,547		5,032,207
Allowance related to loans evaluated collectively	$ 47,392		$ 46,086
Collective allowance to loans evaluated collectively ratio	0.97%		0.92%
Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 7,536	11,646	$ 11,646
Provision/ (credit) for credit losses - loans	(713)		(4,215)
Charge-offs	0		0
Recoveries	54		105
Net (charge-offs)/ recoveries	54		105
Balance at period end	6,877		7,536
Total loans	$ 1,747,708		$ 1,755,235
Allowance for credit losses on loans to total loans ratio	0.39%		0.43%
Average loans	$ 1,740,074		$ 1,766,839
Annualized net charge-offs/ (recoveries) to average loans	(0.01%)		(0.01%)
Balance of loans individually evaluated for credit loss	$ 9,403		$ 4,640
Allowance related to loans evaluated individually	$ 1,093		$ 1,159
Individual allowance to loans evaluated individually ratio	11.62%		24.98%
Contractual balance of individually evaluated loans	$ 10,488		$ 5,623
Balance of loans collectively evaluated for credit loss	1,738,305		1,750,595
Allowance related to loans evaluated collectively	$ 5,784		$ 6,377
Collective allowance to loans evaluated collectively ratio	0.33%		0.36%
Commercial real estate: | Commercial AD&C
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 8,287	18,646	$ 18,646
Provision/ (credit) for credit losses - loans	3,843		(10,359)
Charge-offs	0		0
Recoveries	306		0
Net (charge-offs)/ recoveries	306		0
Balance at period end	12,436		8,287
Total loans	$ 1,184,296		$ 988,967
Allowance for credit losses on loans to total loans ratio	1.05%		0.84%
Average loans	$ 1,082,134		$ 1,023,669
Annualized net charge-offs/ (recoveries) to average loans	(0.06%)		0%
Balance of loans individually evaluated for credit loss	$ 2,127		$ 1,259
Allowance related to loans evaluated individually	$ 102		$ 102
Individual allowance to loans evaluated individually ratio	4.80%		8.10%
Contractual balance of individually evaluated loans	$ 2,152		$ 1,270
Balance of loans collectively evaluated for credit loss	1,182,169		987,708
Allowance related to loans evaluated collectively	$ 12,334		$ 8,185
Collective allowance to loans evaluated collectively ratio	1.04%		0.83%
Commercial Business
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Total loans	$ 9,466,843		$ 9,353,507
Commercial Business | Commercial business
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	31,932	28,027	28,027
Provision/ (credit) for credit losses - loans	(210)		4,051
Charge-offs	(1,551)		(449)
Recoveries	29		303
Net (charge-offs)/ recoveries	(1,522)		(146)
Balance at period end	30,200		31,932
Total loans	$ 1,601,510		$ 1,504,880
Allowance for credit losses on loans to total loans ratio	1.89%		2.12%
Average loans	$ 1,530,067		$ 1,440,382
Annualized net charge-offs/ (recoveries) to average loans	0.20%		0.01%
Balance of loans individually evaluated for credit loss	$ 8,455		$ 10,051
Allowance related to loans evaluated individually	$ 5,341		$ 7,386
Individual allowance to loans evaluated individually ratio	63.17%		73.49%
Contractual balance of individually evaluated loans	$ 9,604		$ 11,500
Balance of loans collectively evaluated for credit loss	1,593,055		1,494,829
Allowance related to loans evaluated collectively	$ 24,859		$ 24,546
Collective allowance to loans evaluated collectively ratio	1.56%		1.64%
Residential real estate: | Residential mortgage
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 8,890	9,424	$ 9,424
Provision/ (credit) for credit losses - loans	631		(488)
Charge-offs	(50)		(160)
Recoveries	17		114
Net (charge-offs)/ recoveries	(33)		(46)
Balance at period end	9,488		8,890
Total loans	$ 1,521,890		$ 1,474,521
Allowance for credit losses on loans to total loans ratio	0.62%		0.60%
Average loans	$ 1,505,013		$ 1,380,496
Annualized net charge-offs/ (recoveries) to average loans	0%		0%
Balance of loans individually evaluated for credit loss	$ 0		$ 0
Allowance related to loans evaluated individually	$ 0		$ 0
Individual allowance to loans evaluated individually ratio	0%		0%
Contractual balance of individually evaluated loans	$ 0		$ 0
Balance of loans collectively evaluated for credit loss	1,521,890		1,474,521
Allowance related to loans evaluated collectively	$ 9,488		$ 8,890
Collective allowance to loans evaluated collectively ratio	0.62%		0.60%
Residential real estate: | Residential construction
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 729	1,337	$ 1,337
Provision/ (credit) for credit losses - loans	(367)		(608)
Charge-offs	0		0
Recoveries	0		0
Net (charge-offs)/ recoveries	0		0
Balance at period end	362		729
Total loans	$ 78,027		$ 121,419
Allowance for credit losses on loans to total loans ratio	0.46%		0.60%
Average loans	$ 98,547		$ 187,599
Annualized net charge-offs/ (recoveries) to average loans	0%		0%
Balance of loans individually evaluated for credit loss	$ 0		$ 0
Allowance related to loans evaluated individually	$ 0		$ 0
Individual allowance to loans evaluated individually ratio	0%		0%
Contractual balance of individually evaluated loans	$ 0		$ 0
Balance of loans collectively evaluated for credit loss	78,027		121,419
Allowance related to loans evaluated collectively	$ 362		$ 729
Collective allowance to loans evaluated collectively ratio	0.46%		0.60%
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 2,052	$ 2,425	$ 2,425
Provision/ (credit) for credit losses - loans	654		1,048
Charge-offs	(337)		(2,005)
Recoveries	233		584
Net (charge-offs)/ recoveries	(104)		(1,421)
Balance at period end	2,602		2,052
Total loans	$ 417,161		$ 417,542
Allowance for credit losses on loans to total loans ratio	0.62%		0.49%
Average loans	$ 417,372		$ 421,963
Annualized net charge-offs/ (recoveries) to average loans	0.05%		0.34%
Balance of loans individually evaluated for credit loss	$ 0		$ 0
Allowance related to loans evaluated individually	$ 0		$ 0
Individual allowance to loans evaluated individually ratio	0%		0%
Contractual balance of individually evaluated loans	$ 0		$ 0
Balance of loans collectively evaluated for credit loss	417,161		417,542
Allowance related to loans evaluated collectively	$ 2,602		$ 2,052
Collective allowance to loans evaluated collectively ratio	0.62%		0.49%

CREDIT QUALITY ASSESSMENT - Inf

CREDIT QUALITY ASSESSMENT - Information on the Credit Quality of Loan Portfolio (Details) - Non-accrual status - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 91,485	$ 34,782
Loans placed on non-accrual	11,528	81,877
Non-accrual balances transferred to OREO	(2,700)	0
Non-accrual balances charged-off	(1,550)	(2,358)
Net payments or draws	(5,444)	(21,030)
Non-accrual loans brought current	(669)	(1,786)
Balance at end of period	92,650	91,485
Commercial real estate: | Commercial investor real estate
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	58,658	9,943
Loans placed on non-accrual	1,085	62,725
Non-accrual balances transferred to OREO	(2,700)	0
Non-accrual balances charged-off	(1)	0
Net payments or draws	(1,544)	(14,010)
Non-accrual loans brought current	0	0
Balance at end of period	55,498	58,658
Commercial real estate: | Commercial owner-occupied real estate
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	4,640	5,019
Loans placed on non-accrual	5,076	0
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	0	0
Net payments or draws	(313)	(379)
Non-accrual loans brought current	0	0
Balance at end of period	9,403	4,640
Commercial real estate: | Commercial AD&C
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	1,259	0
Loans placed on non-accrual	1,571	2,111
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	0	0
Net payments or draws	(703)	(852)
Non-accrual loans brought current	0	0
Balance at end of period	2,127	1,259
Commercial Business
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	10,051	7,322
Loans placed on non-accrual	1,653	6,271
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	(1,549)	(441)
Net payments or draws	(1,700)	(2,588)
Non-accrual loans brought current	0	(513)
Balance at end of period	8,455	10,051
Residential real estate: | Residential mortgage
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	12,332	7,439
Loans placed on non-accrual	1,168	7,871
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	0	(160)
Net payments or draws	(701)	(1,667)
Non-accrual loans brought current	(571)	(1,151)
Balance at end of period	12,228	12,332
Residential real estate: | Residential construction
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	443	0
Loans placed on non-accrual	0	449
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	0	0
Net payments or draws	96	(6)
Non-accrual loans brought current	0	0
Balance at end of period	539	443
Consumer
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	4,102	5,059
Loans placed on non-accrual	975	2,450
Non-accrual balances transferred to OREO	0	0
Non-accrual balances charged-off	0	(1,757)
Net payments or draws	(579)	(1,528)
Non-accrual loans brought current	(98)	(122)
Balance at end of period	$ 4,400	$ 4,102

CREDIT QUALITY ASSESSMENT - Cre

CREDIT QUALITY ASSESSMENT - Credit Quality of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Total loans	$ 11,483,921	$ 11,366,989
Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	11,390,932	11,275,142
Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	92,650	91,485
Loans greater than 90 days past due	339	362
Total loans	92,989	91,847
Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	11,368,157	11,248,749
30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	19,658	23,732
60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	3,117	2,661
Commercial investor real estate
Financing Receivable, Past Due [Line Items]
Total loans	4,933,329	5,104,425
Commercial owner-occupied real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,747,708	1,755,235
Commercial AD&C
Financing Receivable, Past Due [Line Items]
Total loans	1,184,296	988,967
Residential mortgage
Financing Receivable, Past Due [Line Items]
Total loans	1,521,890	1,474,521
Residential construction
Financing Receivable, Past Due [Line Items]
Total loans	78,027	121,419
Commercial real estate: | Commercial investor real estate
Financing Receivable, Past Due [Line Items]
Total loans	4,933,329	5,104,425
Commercial real estate: | Commercial investor real estate | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	4,877,831	5,045,767
Commercial real estate: | Commercial investor real estate | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	55,498	58,658
Loans greater than 90 days past due	0	0
Total loans	55,498	58,658
Commercial real estate: | Commercial investor real estate | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	4,873,362	5,044,647
Commercial real estate: | Commercial investor real estate | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	3,219	1,120
Commercial real estate: | Commercial investor real estate | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,250	0
Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Past Due [Line Items]
Total loans	1,747,708	1,755,235
Commercial real estate: | Commercial owner-occupied real estate | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,738,305	1,750,595
Commercial real estate: | Commercial owner-occupied real estate | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	9,403	4,640
Loans greater than 90 days past due	0	0
Total loans	9,403	4,640
Commercial real estate: | Commercial owner-occupied real estate | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,736,874	1,748,449
Commercial real estate: | Commercial owner-occupied real estate | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,160	2,056
Commercial real estate: | Commercial owner-occupied real estate | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	271	90
Commercial real estate: | Commercial AD&C
Financing Receivable, Past Due [Line Items]
Total loans	1,184,296	988,967
Commercial real estate: | Commercial AD&C | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,182,169	987,708
Commercial real estate: | Commercial AD&C | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	2,127	1,259
Loans greater than 90 days past due	0	0
Total loans	2,127	1,259
Commercial real estate: | Commercial AD&C | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,181,407	986,859
Commercial real estate: | Commercial AD&C | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	0	849
Commercial real estate: | Commercial AD&C | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	762	0
Commercial Business
Financing Receivable, Past Due [Line Items]
Total loans	9,466,843	9,353,507
Commercial Business | Commercial business
Financing Receivable, Past Due [Line Items]
Total loans	1,601,510	1,504,880
Commercial Business | Commercial business | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,593,055	1,494,809
Commercial Business | Commercial business | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	8,455	10,051
Loans greater than 90 days past due	0	20
Total loans	8,455	10,071
Commercial Business | Commercial business | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,590,529	1,494,426
Commercial Business | Commercial business | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	2,339	383
Commercial Business | Commercial business | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	187	0
Residential real estate: | Residential mortgage
Financing Receivable, Past Due [Line Items]
Total loans	1,521,890	1,474,521
Residential real estate: | Residential mortgage | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,509,323	1,461,847
Residential real estate: | Residential mortgage | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	12,228	12,332
Loans greater than 90 days past due	339	342
Total loans	12,567	12,674
Residential real estate: | Residential mortgage | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,497,566	1,445,785
Residential real estate: | Residential mortgage | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	11,165	14,026
Residential real estate: | Residential mortgage | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	592	2,036
Residential real estate: | Residential construction
Financing Receivable, Past Due [Line Items]
Total loans	78,027	121,419
Residential real estate: | Residential construction | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	77,488	120,976
Residential real estate: | Residential construction | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	539	443
Loans greater than 90 days past due	0	0
Total loans	539	443
Residential real estate: | Residential construction | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	76,749	118,976
Residential real estate: | Residential construction | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	739	2,000
Residential real estate: | Residential construction | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	0	0
Consumer
Financing Receivable, Past Due [Line Items]
Total loans	417,161	417,542
Consumer | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	412,761	413,440
Consumer | Non-performing loans:
Financing Receivable, Past Due [Line Items]
Non-accrual loans	4,400	4,102
Loans greater than 90 days past due	0	0
Total loans	4,400	4,102
Consumer | Current | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	411,670	409,607
Consumer | 30-59 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	1,036	3,298
Consumer | 60-89 days | Performing loans:
Financing Receivable, Past Due [Line Items]
Total loans	$ 55	$ 535

CREDIT QUALITY ASSESSMENT - Non

CREDIT QUALITY ASSESSMENT - Non-accrual Loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	$ 89,405	$ 58,813
Contractual interest income due on non- accrual loans during the period	2,845	2,552
Commercial real estate: | Commercial investor real estate
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	56,578	28,650
Contractual interest income due on non- accrual loans during the period	1,769	760
Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	6,146	4,795
Contractual interest income due on non- accrual loans during the period	190	298
Commercial real estate: | Commercial AD&C
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	1,314	812
Contractual interest income due on non- accrual loans during the period	40	41
Commercial Business
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	8,557	9,640
Contractual interest income due on non- accrual loans during the period	320	716
Residential real estate: | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	12,131	10,547
Contractual interest income due on non- accrual loans during the period	313	432
Residential real estate: | Residential construction
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	508	223
Contractual interest income due on non- accrual loans during the period	13	6
Consumer
Financing Receivable, Nonaccrual [Line Items]
Average non-accrual loans for the period	4,171	4,146
Contractual interest income due on non- accrual loans during the period	$ 200	$ 299

CREDIT QUALITY ASSESSMENT - Nar

CREDIT QUALITY ASSESSMENT - Narrative (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2024 USD ($) loan	Dec. 31, 2023 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans, interest income recognized	$ 0
Nonaccrual status uncollected accrued interest	200,000
Unfunded loan commitments for borrowers experiencing financial difficulty	$ 500,000
Subsequent default, number of contracts | loan	0
Other real estate owned	$ 2,700,000	$ 0
Consumer mortgage loan in process of foreclosure	1,400,000
Non-accrual status
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans placed on non-accrual	11,528,000	81,877,000
Restructured Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned	$ 2,700,000	$ 0

CREDIT QUALITY ASSESSMENT - I_2

CREDIT QUALITY ASSESSMENT - Information about Credit Quality Indicator by Year of Origination (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	$ 758,026		$ 1,245,085
Year one	1,004,200		2,958,596
Year two	2,925,317		2,375,873
Year three	2,281,568		1,175,656
Year four	1,088,154		870,390
Prior	2,428,592		1,776,440
Revolving Loans	998,064		964,949
Total loans	11,483,921		11,366,989
Current period gross charge-offs, Total	1,939	$ 2,265	2,614
Commercial investor real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	249,451		445,782
Year one	318,959		1,396,438
Year two	1,301,905		1,226,951
Year three	1,189,938		634,361
Year four	593,882		511,146
Prior	1,251,211		865,346
Revolving Loans	27,983		24,401
Total loans	4,933,329		5,104,425
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		0
Current period gross charge-offs, year two	0		0
Current period gross charge-offs, year three	1		0
Current period gross charge-offs, year four	0		0
Current period gross charge-offs, prior	0		0
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	1		0
Commercial investor real estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	195,837		405,740
Year one	309,794		1,395,973
Year two	1,301,450		1,195,708
Year three	1,161,385		634,361
Year four	577,096		511,146
Prior	1,199,951		848,958
Revolving Loans	27,983		23,653
Total loans	4,773,496		5,015,539
Commercial investor real estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	21,360		9,250
Year one	5,580		0
Year two	0		316
Year three	309		0
Year four	15,790		0
Prior	23,334		1,978
Revolving Loans	0		0
Total loans	66,373		11,544
Commercial investor real estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	32,254		30,792
Year one	3,585		465
Year two	455		30,927
Year three	28,244		0
Year four	996		0
Prior	27,926		14,410
Revolving Loans	0		748
Total loans	93,460		77,342
Commercial investor real estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	0		0
Commercial owner-occupied real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	91,236		139,040
Year one	118,262		364,951
Year two	353,617		321,310
Year three	310,880		239,979
Year four	232,050		243,278
Prior	636,437		441,056
Revolving Loans	5,226		5,621
Total loans	1,747,708		1,755,235
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		0
Current period gross charge-offs, year two	0		0
Current period gross charge-offs, year three	0		0
Current period gross charge-offs, year four	0		0
Current period gross charge-offs, prior	0		0
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	0		0
Commercial owner-occupied real estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	91,204		136,072
Year one	114,232		361,247
Year two	349,017		318,269
Year three	307,859		238,761
Year four	230,851		235,145
Prior	613,978		428,846
Revolving Loans	5,226		5,621
Total loans	1,712,367		1,723,961
Commercial owner-occupied real estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	32		406
Year one	3,460		70
Year two	1,800		2,240
Year three	58		875
Year four	863		2,267
Prior	9,844		8,616
Revolving Loans	0		0
Total loans	16,057		14,474
Commercial owner-occupied real estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		2,562
Year one	570		3,634
Year two	2,800		801
Year three	2,963		343
Year four	336		5,866
Prior	12,615		3,594
Revolving Loans	0		0
Total loans	19,284		16,800
Commercial owner-occupied real estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	0		0
Commercial AD&C
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	197,957		335,934
Year one	302,109		289,301
Year two	386,992		178,889
Year three	157,836		28,954
Year four	4,942		0
Prior	0		0
Revolving Loans	134,460		155,889
Total loans	1,184,296		988,967
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		0
Current period gross charge-offs, year two	0		0
Current period gross charge-offs, year three	0		0
Current period gross charge-offs, year four	0		0
Current period gross charge-offs, prior	0		0
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	0		0
Commercial AD&C | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	195,714		334,918
Year one	300,538		288,732
Year two	358,564		178,889
Year three	136,334		28,954
Year four	4,942		0
Prior	0		0
Revolving Loans	134,460		155,889
Total loans	1,130,552		987,382
Commercial AD&C | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	2,121		0
Year one	0		0
Year two	27,994		0
Year three	21,502		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	51,617		0
Commercial AD&C | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	122		1,016
Year one	1,571		569
Year two	434		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	2,127		1,585
Commercial AD&C | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	0		0
Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	15,571		32,863
Year one	43,917		487,240
Year two	527,702		418,747
Year three	422,579		173,191
Year four	169,709		47,779
Prior	342,412		314,701
Revolving Loans	0		0
Total loans	1,521,890		1,474,521
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		0
Current period gross charge-offs, year two	0		43
Current period gross charge-offs, year three	50		0
Current period gross charge-offs, year four	0		10
Current period gross charge-offs, prior	0		107
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	50		160
Residential mortgage | 660-850
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	15,561		31,853
Year one	41,076		476,631
Year two	509,458		394,414
Year three	395,278		166,387
Year four	161,201		41,473
Prior	288,775		266,927
Revolving Loans	0		0
Total loans	1,411,349		1,377,685
Residential mortgage | 600-659
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	10		781
Year one	1,114		7,022
Year two	14,701		18,284
Year three	19,073		2,009
Year four	3,787		1,882
Prior	25,967		24,040
Revolving Loans	0		0
Total loans	64,652		54,018
Residential mortgage | 540-599
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	1,200		1,545
Year two	2,237		2,698
Year three	3,140		2,371
Year four	2,976		1,891
Prior	10,997		9,377
Revolving Loans	0		0
Total loans	20,550		17,882
Residential mortgage | less than 540
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		229
Year one	527		2,042
Year two	1,306		3,351
Year three	5,088		2,424
Year four	1,745		2,533
Prior	16,673		14,357
Revolving Loans	0		0
Total loans	25,339		24,936
Residential construction
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	4,083		24,059
Year one	27,132		68,773
Year two	29,571		23,216
Year three	12,201		3,978
Year four	3,582		150
Prior	1,458		1,243
Revolving Loans	0		0
Total loans	78,027		121,419
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		0
Current period gross charge-offs, year two	0		0
Current period gross charge-offs, year three	0		0
Current period gross charge-offs, year four	0		0
Current period gross charge-offs, prior	0		0
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	0		0
Residential construction | 660-850
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	3,544		21,975
Year one	27,132		68,273
Year two	27,805		21,897
Year three	12,201		2,478
Year four	2,082		150
Prior	150		0
Revolving Loans	0		0
Total loans	72,914		114,773
Residential construction | 600-659
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		1,641
Year one	0		500
Year two	0		1,319
Year three	0		1,500
Year four	0		0
Prior	1,308		1,243
Revolving Loans	0		0
Total loans	1,308		6,203
Residential construction | 540-599
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	539		443
Year one	0		0
Year two	1,766		0
Year three	0		0
Year four	1,500		0
Prior	0		0
Revolving Loans	0		0
Total loans	3,805		443
Residential construction | less than 540
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	0		0
Commercial Business
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	9,466,843		9,353,507
Commercial Business | Commercial business
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	193,941		254,338
Year one	182,933		346,152
Year two	320,416		204,481
Year three	186,037		94,152
Year four	82,910		65,378
Prior	162,841		119,926
Revolving Loans	472,432		420,453
Total loans	1,601,510		1,504,880
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		9
Current period gross charge-offs, year two	612		324
Current period gross charge-offs, year three	0		0
Current period gross charge-offs, year four	0		0
Current period gross charge-offs, prior	939		116
Current period gross charge-offs, revolving	0		0
Current period gross charge-offs, Total	1,551		449
Commercial Business | Commercial business | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	190,155		247,081
Year one	180,085		344,034
Year two	315,120		202,020
Year three	181,772		92,198
Year four	81,362		62,413
Prior	160,139		118,061
Revolving Loans	445,419		410,856
Total loans	1,554,052		1,476,663
Commercial Business | Commercial business | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	675		532
Year one	711		45
Year two	3,919		180
Year three	1,689		1,037
Year four	274		1,040
Prior	605		294
Revolving Loans	20,945		3,635
Total loans	28,818		6,763
Commercial Business | Commercial business | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	3,111		6,725
Year one	2,137		2,073
Year two	1,377		2,281
Year three	2,576		917
Year four	1,274		1,925
Prior	2,097		1,571
Revolving Loans	6,068		5,962
Total loans	18,640		21,454
Commercial Business | Commercial business | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	0		0
Year one	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Prior	0		0
Revolving Loans	0		0
Total loans	0		0
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	5,787		13,069
Year one	10,888		5,741
Year two	5,114		2,279
Year three	2,097		1,041
Year four	1,079		2,659
Prior	34,233		34,168
Revolving Loans	357,963		358,585
Total loans	417,161		417,542
Current period gross charge-offs, current year	0		0
Current period gross charge-offs, year one	0		20
Current period gross charge-offs, year two	0		28
Current period gross charge-offs, year three	5		0
Current period gross charge-offs, year four	0		15
Current period gross charge-offs, prior	14		1,735
Current period gross charge-offs, revolving	318		207
Current period gross charge-offs, Total	337		2,005
Consumer | 660-850
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	5,524		11,452
Year one	8,412		4,960
Year two	4,209		1,823
Year three	1,657		519
Year four	694		1,662
Prior	26,383		24,543
Revolving Loans	330,123		333,382
Total loans	377,002		378,341
Consumer | 600-659
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	191		1,209
Year one	1,731		192
Year two	201		237
Year three	62		425
Year four	60		209
Prior	2,640		3,954
Revolving Loans	15,256		12,668
Total loans	20,141		18,894
Consumer | 540-599
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	4		24
Year one	394		374
Year two	417		87
Year three	122		47
Year four	146		500
Prior	2,617		2,868
Revolving Loans	4,195		5,920
Total loans	7,895		9,820
Consumer | less than 540
Financing Receivable, Credit Quality Indicator [Line Items]
Current year	68		384
Year one	351		215
Year two	287		132
Year three	256		50
Year four	179		288
Prior	2,593		2,803
Revolving Loans	8,389		6,615
Total loans	$ 12,123		$ 10,487

CREDIT QUALITY ASSESSMENT - Loa

CREDIT QUALITY ASSESSMENT - Loans Modified (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 32,205	$ 32,034	$ 44,665	$ 32,193
% of total loan segment	0.30%	0.30%	0.40%	0.30%
Commercial real estate: | Commercial investor real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 22,938	$ 28,826	$ 34,543	$ 28,893
% of total loan segment	0.50%	0.60%	0.70%	0.60%
Interest rate reduction, Weighted Average	0%	2.60%	0%	2.60%
Term extension	4 months	5 months	7 months	5 months
Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 515	$ 2,000	$ 515	$ 2,000
% of total loan segment	0%	0.10%	0%	0.10%
Interest rate reduction, Weighted Average	0%	0%	0%	0%
Term extension	9 months	8 months	9 months	8 months
Commercial real estate: | Commercial AD&C
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 0	$ 350	$ 122	$ 350
% of total loan segment	0%	0%	0%	0%
Interest rate reduction, Weighted Average	0%	0%	0%	0%
Term extension		9 months	17 months	9 months
Commercial business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 8,752	$ 858	$ 8,946	$ 950
% of total loan segment	0.50%	0.10%	0.60%	0.10%
Interest rate reduction, Weighted Average	1.90%	0%	1.40%	0%
Term extension	5 months	8 months	7 months	8 months
All Other loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 0	$ 0	$ 539	$ 0
% of total loan segment	0%	0%	0%	0%
Interest rate reduction, Weighted Average	0%	0%	0%	0%
Term extension			9 months
Interest rate reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 8	$ 28,340	$ 8	$ 28,340
Interest rate reduction | Commercial real estate: | Commercial investor real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	28,340	0	28,340
Interest rate reduction | Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Interest rate reduction | Commercial real estate: | Commercial AD&C
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Interest rate reduction | Commercial business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	8	0	8	0
Interest rate reduction | All Other loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Term extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	32,106	3,694	44,507	3,853
Term extension | Commercial real estate: | Commercial investor real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	22,938	486	34,543	553
Term extension | Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	515	2,000	515	2,000
Term extension | Commercial real estate: | Commercial AD&C
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	350	122	350
Term extension | Commercial business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	8,653	858	8,788	950
Term extension | All Other loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	539	0
Rate reduction & Term extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	91	0	150	0
Rate reduction & Term extension | Commercial real estate: | Commercial investor real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Rate reduction & Term extension | Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Rate reduction & Term extension | Commercial real estate: | Commercial AD&C
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	0	0	0	0
Rate reduction & Term extension | Commercial business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	91	0	150	0
Rate reduction & Term extension | All Other loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amount	$ 0	$ 0	$ 0	$ 0

CREDIT QUALITY ASSESSMENT - Per

CREDIT QUALITY ASSESSMENT - Performance of Modified Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 44,665	$ 32,193
Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	42,808	31,980
30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,196	213
90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	661	0
Commercial real estate: | Commercial investor real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	34,543	28,893
Commercial real estate: | Commercial investor real estate | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	33,397	28,680
Commercial real estate: | Commercial investor real estate | 30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,146	213
Commercial real estate: | Commercial investor real estate | 90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
Commercial real estate: | Commercial owner-occupied real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	515	2,000
Commercial real estate: | Commercial owner-occupied real estate | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	515	2,000
Commercial real estate: | Commercial owner-occupied real estate | 30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
Commercial real estate: | Commercial owner-occupied real estate | 90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
Commercial real estate: | Commercial AD&C
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	122	350
Commercial real estate: | Commercial AD&C | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	350
Commercial real estate: | Commercial AD&C | 30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
Commercial real estate: | Commercial AD&C | 90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	122	0
Commercial business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	8,946	950
Commercial business | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	8,896	950
Commercial business | 30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	50	0
Commercial business | 90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
All Other loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	539	0
All Other loans | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
All Other loans | 30-89 days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0	0
All Other loans | 90+ days past due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 539	$ 0

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Amount of Goodwill by Reporting Units (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 363,436
No activity	0
Ending balance	363,436
Community Banking
Goodwill [Roll Forward]
Beginning balance	331,689
No activity	0
Ending balance	331,689
Investment Management
Goodwill [Roll Forward]
Beginning balance	31,747
No activity	0
Ending balance	$ 31,747

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	$ 55,902	$ 53,366
Accumulated amortization	(32,517)	(28,313)
Total amortizing intangible assets	23,385	25,053
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amount	62,604	56,614
Accumulated amortization	(32,517)	(28,313)
Net Carrying Amount	30,087	28,301
Goodwill, gross	363,436	363,436
Goodwill, Net	363,436	363,436
Intangible projects in process
Indefinite-lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets	6,702	3,248
Core deposit intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	29,038	29,038
Accumulated amortization	(21,681)	(20,181)
Total amortizing intangible assets	7,357	8,857
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated amortization	$ (21,681)	$ (20,181)
Core deposit intangibles | Weighted Average
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible asset, useful life	4 years 4 months 24 days	5 years 6 months
Software intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	$ 12,958	$ 10,422
Accumulated amortization	(2,186)	(183)
Total amortizing intangible assets	10,772	10,239
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated amortization	$ (2,186)	$ (183)
Software intangibles | Weighted Average
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible asset, useful life	3 years 9 months 18 days	4 years 9 months 18 days
Other identifiable intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	$ 13,906	$ 13,906
Accumulated amortization	(8,650)	(7,949)
Total amortizing intangible assets	5,256	5,957
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated amortization	$ (8,650)	$ (7,949)
Other identifiable intangibles | Weighted Average
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible asset, useful life	7 years 4 months 24 days	7 years 8 months 12 days

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Estimated Future Amortization Expense for Amortizing Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining 2024	$ 4,348
2025	6,077
2026	4,940
2027	3,897
2028	2,970
Thereafter	1,153
Total amortizing intangible assets	$ 23,385	$ 25,053

DEPOSITS - Composition of Depos

DEPOSITS - Composition of Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Deposits [Abstract]
Noninterest-bearing deposits	$ 2,931,405	$ 2,914,161
Interest-bearing deposits:
Demand	1,433,595	1,463,679
Money market savings	2,848,113	2,628,918
Regular savings	1,678,066	1,275,225
Time deposits of less than $250,000	1,806,327	2,068,259
Time deposits of $250,000 or more	642,722	646,296
Total interest-bearing deposits	8,408,823	8,082,377
Total deposits	$ 11,340,228	$ 10,996,538

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) - USD ($)			3 Months Ended
	Mar. 15, 2022	Nov. 05, 2019	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term borrowings			$ 371,101,000	$ 370,803,000
FHLB availability based on pledged collateral			3,100,000,000	3,100,000,000
FHLB advances			500,000,000	550,000,000
Unsecured lines of credit, correspondent banks
Debt Instrument [Line Items]
Maximum borrowing capacity			1,200,000,000	1,200,000,000
Federal Reserve Bank Term Funding Program
Debt Instrument [Line Items]
Repayments of debt			300,000,000
Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Maximum borrowing capacity			3,600,000,000	3,600,000,000
Federal Home Loan Bank Advances | Residential mortgage | Asset pledged as collateral | Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Maximum borrowing capacity			1,400,000,000	1,400,000,000
Federal Home Loan Bank Advances | Commercial real estate loans | Asset pledged as collateral | Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Maximum borrowing capacity			3,900,000,000	4,000,000,000
Federal Home Loan Bank Advances | Home equity lines of credit | Asset pledged as collateral | Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Maximum borrowing capacity			212,500,000	209,200,000
Federal Home Loan Bank Advances | Multifamily loans | Asset pledged as collateral | Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Maximum borrowing capacity			493,100,000	538,600,000
Federal Reserve and correspondent banks
Debt Instrument [Line Items]
Maximum borrowing capacity			774,100,000	651,300,000
Line of credit			$ 0	0
Subordinated Debt | Fixed Floating Rate Subordinated Notes Due 2032
Debt Instrument [Line Items]
Aggregate principal amount	$ 200,000,000
Interest rate	3.875%		3.875%
Basis spread on variable rate	1.965%
Unamortized discount (premium) and debt issuance costs, net	$ 3,100,000
Subordinated Debt | Fixed Floating Rate Subordinated Notes Due 2029
Debt Instrument [Line Items]
Interest rate		4.25%	4.25%
Basis spread on variable rate		2.88%
Unamortized discount (premium) and debt issuance costs, net		$ 2,900,000
Long-term borrowings		$ 175,000,000
Subordinated Debt | Fixed Floating Rate Subordinated Notes Due 2029 | Spread Adjustment
Debt Instrument [Line Items]
Basis spread on variable rate		0.26%
Retail Repurchase Agreements
Debt Instrument [Line Items]
Long-term debt			$ 75,000,000	75,000,000
Federal Funds Purchased
Debt Instrument [Line Items]
Long-term debt			$ 0	$ 0

BORROWINGS - Schedule of Subord

BORROWINGS - Schedule of Subordinated Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Mar. 15, 2022	Nov. 05, 2019
Subordinated Borrowing [Line Items]
Long-term borrowings	$ 371,101	$ 370,803
Subordinated Debt
Subordinated Borrowing [Line Items]
Subordinated debt, gross	375,000	375,000
Less: Debt issuance costs	(3,899)	(4,197)
Subordinated Debt | Fixed Floating Rate Subordinated Notes Due 2032
Subordinated Borrowing [Line Items]
Subordinated debt, gross	$ 200,000	200,000
Interest rate	3.875%		3.875%
Subordinated Debt | Fixed Floating Rate Subordinated Notes Due 2029
Subordinated Borrowing [Line Items]
Subordinated debt, gross	$ 175,000	$ 175,000
Long-term borrowings				$ 175,000
Interest rate	4.25%			4.25%

STOCKHOLDERS' EQUITY - Narrativ

STOCKHOLDERS' EQUITY - Narrative (Details) - Repurchase Plan 2022 - Common Stock - USD ($) $ / shares in Units, $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022	Mar. 30, 2022
Equity [Line Items]
Value of stock authorized for repurchase				$ 50
Stock repurchased (in shares)	0	0	625,710
Common stock repurchased, average price (in dollars per share)			$ 39.93
Stock repurchased and retired			$ 25
Remaining value of stock authorized for repurchase	$ 25

SHARE BASED COMPENSATION - Narr

SHARE BASED COMPENSATION - Narrative (Details) - 2024 Plan - USD ($) $ in Millions		3 Months Ended		6 Months Ended
	May 22, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares)	700,000
Expiration period	10 years
Shares available for issuance (in shares)		670,910		670,910
Stock Options and Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized compensation expense		$ 2.6	$ 2.7
Restricted shares, Restricted stock units and Performance share units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 7.7		$ 7.7
Expected cost recognition weighted average period				2 years 29 days
Shares issued (in shares)				344,748
Performance Shares | Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued (in shares)				87,846
Performance period				3 years
Time Based Shares | Tranche two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued (in shares)				256,902
Vesting period				3 years
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)				0

SHARE BASED COMPENSATION - Summ

SHARE BASED COMPENSATION - Summary of Activity Restricted Stock (Details) - Restricted Stock	6 Months Ended
	Jun. 30, 2024 $ / shares shares
Number of Common Shares/Units
Nonvested beginning balance (in shares) | shares	458,929
Granted (in shares) | shares	344,748
Vested (in shares) | shares	(214,896)
Forfeited/ cancelled (in shares) | shares	(7,542)
Nonvested ending balance (in shares) | shares	581,239
Weighted Average Grant-Date Fair Value
Nonvested beginning balance (in dollars per share) | $ / shares	$ 32.90
Granted (in dollars per share) | $ / shares	22.28
Vested (in dollars per share) | $ / shares	33.88
Forfeited/ cancelled (in dollars per share) | $ / shares	28.03
Nonvested ending balance (in dollars per share) | $ / shares	$ 26.56

SHARE BASED COMPENSATION - Su_2

SHARE BASED COMPENSATION - Summary of Share Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Number of Common Shares
Beginning balance (in shares)		80,195
Granted (in shares)		0
Exercised (in shares)	(33,391)	(9,938)	(40,921)
Forfeited (in shares)		0
Expired (in shares)		(6,468)
Ending balance (in shares)		63,789		80,195
Exercisable at end of period (in shares)		63,789
Weighted Average Exercise Share Price
Beginning balance (in dollars per share)		$ 19.07
Granted (in dollars per share)		0
Exercised (in dollars per share)		10.96
Forfeited (in dollars per share)		0
Expired (in dollars per share)		42.28
Ending balance (in dollars per share)		17.97		$ 19.07
Exercisable at end of period (in dollars per share)		$ 17.97
Weighted Average Contractual Remaining Life (Years)
Balance at end of period		1 year		1 year 2 months 12 days
Exercisable at end of period		1 year
Aggregate Intrinsic Value (in thousands)
Beginning balance		$ 621
Exercised		135
Ending balance		516		$ 621
Exercisable at end of period		$ 516

PENSION PLAN - Narrative (Detai

PENSION PLAN - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Retirement Benefits [Abstract]
Contributions by employer	$ 1.3
Settlement expense	$ 8.2

PENSION PLAN - Net Periodic Ben

PENSION PLAN - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Retirement Benefits [Abstract]
Interest cost on projected benefit obligation	$ 0	$ 437	$ 0	$ 875
Expected return on plan assets	0	(373)	0	(746)
Recognized net actuarial loss	0	226	0	451
Net periodic benefit cost	$ 0	$ 290	$ 0	$ 580

NET INCOME PER COMMON SHARE - C

NET INCOME PER COMMON SHARE - Calculation of Net Income per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 22,807	$ 24,745	$ 43,179	$ 75,998
Distributed and undistributed earnings allocated to participating securities	(7)	(33)	(34)	(177)
Net income attributable to common shareholders	$ 22,800	$ 24,712	$ 43,145	$ 75,821
Total weighted average outstanding shares (in shares)	45,100	44,894	45,045	44,860
Less: Weighted average participating securities (in shares)	(13)	(61)	(36)	(104)
Basic weighted average common shares (in shares)	45,087	44,833	45,009	44,756
Dilutive weighted average common stock equivalents (in shares)	58	56	104	121
Diluted weighted average common shares (in shares)	45,145	44,889	45,113	44,877
Basic net income per common share (in dollars per share)	$ 0.51	$ 0.55	$ 0.96	$ 1.69
Diluted net income per common share (in dollars per share)	$ 0.51	$ 0.55	$ 0.96	$ 1.69
Anti-dilutive shares (in shares)	75	93	39	30

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS) - Net Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 1,589,364	$ 1,536,865	$ 1,588,142	$ 1,483,768
Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax			(5,212)	5,347
Reclassifications from accumulated other comprehensive loss to earnings, net of tax			549	979
Total other comprehensive income/ (loss)	809	(9,634)	(4,663)	6,326
Balance at end of period	1,599,004	1,539,032	1,599,004	1,539,032
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(102,803)	(115,991)	(97,331)	(131,951)
Total other comprehensive income/ (loss)	809	(9,634)	(4,663)	6,326
Balance at end of period	(101,994)	(125,625)	(101,994)	(125,625)
Unrealized Gains/(Losses) on Debt Securities Available-for-Sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			(88,169)	(113,513)
Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax			(5,212)	5,347
Reclassifications from accumulated other comprehensive loss to earnings, net of tax			0	0
Total other comprehensive income/ (loss)			(5,212)	5,347
Balance at end of period	(93,381)	(108,166)	(93,381)	(108,166)
Defined Benefit Pension Plan
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			0	(8,002)
Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax			0	0
Reclassifications from accumulated other comprehensive loss to earnings, net of tax			0	336
Total other comprehensive income/ (loss)			0	336
Balance at end of period	0	(7,666)	0	(7,666)
Unrealized Losses on Debt Securities Transferred from Available-for-Sale to Held-to-Maturity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			(9,162)	(10,436)
Other comprehensive loss before reclassification from accumulated other comprehensive loss, net of tax			0	0
Reclassifications from accumulated other comprehensive loss to earnings, net of tax			549	643
Total other comprehensive income/ (loss)			549	643
Balance at end of period	$ (8,613)	$ (9,793)	$ (8,613)	$ (9,793)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME/ (LOSS) - Reclassification Adjustments Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Investment securities gains	$ 0	$ 0	$ 0	$ 0
Interest and dividends on investment securities	165,113	158,150	331,127	309,497
Recognized actuarial loss	0	226	0	451
Income before income tax expense	30,748	33,456	58,064	101,940
Tax expense (benefit)	(7,941)	(8,711)	(14,885)	(25,942)
Net income	$ 22,807	$ 24,745	43,179	75,998
Unrealized Gains/(Losses) on Debt Securities Available-for-Sale | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Investment securities gains			0	0
Income before income tax expense			0	0
Tax expense (benefit)			0	0
Net income			0	0
Unrealized Losses on Debt Securities Transferred from Available-for-Sale to Held-to-Maturity | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest and dividends on investment securities			(736)	(863)
Income before income tax expense			(736)	(863)
Tax expense (benefit)			187	220
Net income			(549)	(643)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Recognized actuarial loss			0	(451)
Defined Benefit Pension Plan | Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income before income tax expense			0	(451)
Tax expense (benefit)			0	115
Net income			$ 0	$ (336)

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Jun. 30, 2024 lease
Lessee, Lease, Description [Line Items]
Number of operating leases not yet commenced	0
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	20 years

LEASES - Summary of Leases (Det

LEASES - Summary of Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Components of lease expense:
Operating lease cost (resulting from lease payments)	$ 2,577	$ 2,712	$ 5,142	$ 5,427
Supplemental cash flow information related to leases:
Operating cash flows from operating leases	2,796	2,861	5,620	5,749
ROU assets obtained in the exchange for lease liabilities due to new leases and acquisitions	407	0	1,402	703
Supplemental balance sheet information related to leases:
Operating lease ROU assets	39,180		39,180		$ 40,362
Operating lease liabilities	$ 46,399		$ 46,399		$ 48,058
Operating lease, right-of-use asset, statement of financial position	Other assets		Other assets		Other assets
Operating lease, liability, statement of financial position	Accrued interest payable and other liabilities		Accrued interest payable and other liabilities		Accrued interest payable and other liabilities
Other information related to leases:
Weighted average remaining lease term of operating leases	5 years 2 months 12 days		5 years 2 months 12 days		5 years 7 months 6 days
Weighted average discount rate of operating leases	3.73%		3.73%		3.61%
Revere Bank And RPJ
Supplemental cash flow information related to leases:
ROU assets obtained in the exchange for lease liabilities due to new leases and acquisitions	$ 0	$ 0	$ 0	$ 0

LEASES - Maturities of Operatin

LEASES - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Remaining 2024	$ 5,624
2025	10,771
2026	10,055
2027	8,629
2028	7,135
Thereafter	9,012
Total undiscounted lease payments	51,226
Less: Present value discount	(4,827)
Lease liability	$ 46,399	$ 48,058

DERIVATIVES - Narrative (Detail

DERIVATIVES - Narrative (Details)	Jun. 30, 2024 USD ($) derivative
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative fair value | $	$ 0
Number of designated hedges in a qualifying hedging relationship | derivative	0

DERIVATIVES - Fair Value by Bal

DERIVATIVES - Fair Value by Balance Sheet Location (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Notional	$ 574,888	$ 524,108
Interest Rate Swaps
Derivatives, Fair Value [Line Items]
Notional	504,915	495,750
Interest Rate Lock Commitments
Derivatives, Fair Value [Line Items]
Notional	37,473	16,608
Forward TBA Contracts
Derivatives, Fair Value [Line Items]
Notional	32,500	11,750
Not Designated as Hedging Instrument | Other Assets
Derivatives, Fair Value [Line Items]
Asset	18,084	16,225
Not Designated as Hedging Instrument | Other Liabilities
Derivatives, Fair Value [Line Items]
Liability	17,527	15,969
Not Designated as Hedging Instrument | Interest Rate Swaps | Other Assets
Derivatives, Fair Value [Line Items]
Asset	17,527	15,867
Not Designated as Hedging Instrument | Interest Rate Swaps | Other Liabilities
Derivatives, Fair Value [Line Items]
Liability	17,527	15,867
Not Designated as Hedging Instrument | Interest Rate Lock Commitments | Other Assets
Derivatives, Fair Value [Line Items]
Asset	498	358
Not Designated as Hedging Instrument | Interest Rate Lock Commitments | Other Liabilities
Derivatives, Fair Value [Line Items]
Liability	0	0
Not Designated as Hedging Instrument | Forward TBA Contracts | Other Assets
Derivatives, Fair Value [Line Items]
Asset	59	0
Not Designated as Hedging Instrument | Forward TBA Contracts | Other Liabilities
Derivatives, Fair Value [Line Items]
Liability	$ 0	$ 102

DERIVATIVES - Income Statement

DERIVATIVES - Income Statement Effect (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, gain (loss)	$ (5)	$ (38)	$ 300	$ 167
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest and Dividend Income, Operating	Interest and Dividend Income, Operating	Interest and Dividend Income, Operating	Interest and Dividend Income, Operating
Interest Rate Lock Commitments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, gain (loss)	$ (1,638)	$ (1,274)	$ 139	$ 178
Forward TBA Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, gain (loss)	$ 1,633	$ 1,236	$ 161	$ (11)

FAIR VALUE - Financial Assets a

FAIR VALUE - Financial Assets and Liabilities at Dates Indicated that were Accounted for at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	$ 1,101,846	$ 1,102,681
Residential mortgage loans held for sale (at fair value)	18,961	10,836
Residential mortgage loans held for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	18,500	10,500
U.S. treasuries and government agencies
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	82,959	96,927
State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	261,895	268,214
Mortgage-backed and asset-backed
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	756,992	737,540
Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	1,101,846	1,102,681
Total assets	1,138,334	1,129,384
Total liabilities	(17,527)	(15,867)
Fair Value, Recurring | Residential mortgage loans held for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Residential mortgage loans held for sale	18,961	10,836
Fair Value, Recurring | U.S. treasuries and government agencies
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	82,959	96,927
Fair Value, Recurring | State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	261,895	268,214
Fair Value, Recurring | Mortgage-backed and asset-backed
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	756,992	737,540
Fair Value, Recurring | Interest rate swap agreements
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate swap agreements	17,527	15,867
Interest rate swap agreements	(17,527)	(15,867)
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Total assets	0	0
Total liabilities	0	0
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential mortgage loans held for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Residential mortgage loans held for sale	0	0
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. treasuries and government agencies
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed and asset-backed
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate swap agreements
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate swap agreements	0	0
Interest rate swap agreements	0	0
Fair Value, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	1,101,846	1,102,681
Total assets	1,138,334	1,129,384
Total liabilities	(17,527)	(15,867)
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Residential mortgage loans held for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Residential mortgage loans held for sale	18,961	10,836
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | U.S. treasuries and government agencies
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	82,959	96,927
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	261,895	268,214
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-backed and asset-backed
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	756,992	737,540
Fair Value, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate swap agreements
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate swap agreements	17,527	15,867
Interest rate swap agreements	(17,527)	(15,867)
Fair Value, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Total assets	0	0
Total liabilities	0	0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Residential mortgage loans held for sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Residential mortgage loans held for sale	0	0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | U.S. treasuries and government agencies
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-backed and asset-backed
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	0	0
Fair Value, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate swap agreements
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate swap agreements	0	0
Interest rate swap agreements	$ 0	$ 0

FAIR VALUE - Assets Measured at

FAIR VALUE - Assets Measured at Fair Value on Nonrecurring Basis (Details) - Fair Value, Nonrecurring - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		$ 2,700	$ 0
Total Losses	$ 0	0
Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Total Losses	0	0
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		2,700	0
Total Losses	$ 0	0
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Significant Other Observable Inputs (Level 2) | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Significant Other Observable Inputs (Level 2) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		2,700	0
Significant Unobservable Inputs (Level 3) | Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Significant Unobservable Inputs (Level 3) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		$ 2,700	$ 0

FAIR VALUE - Narrative (Details

FAIR VALUE - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Balance of loans individually evaluated for credit loss	$ 88,767	$ 88,168
Loans receivable, fair value	65,700	64,200
Allowance related to loans evaluated individually	$ 23,000	$ 24,000

FAIR VALUE - Carrying Amounts a

FAIR VALUE - Carrying Amounts and Fair Values of Company's Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial assets:
Residential mortgage loans held for sale	$ 18,961	$ 10,836
Investments available-for-sale	1,101,846	1,102,681
Held-to-maturity debt securities	187,389	200,411
Loans, net of allowance	11,358,058	11,246,124
Accrued interest receivable	46,668	46,583
Financial liabilities:
Other deposits	11,340,228	10,996,538
Advances from FHLB	500,000	550,000
Subordinated debt	371,101	370,803
Carrying Amount
Financial assets:
Cash and cash equivalents	406,710	545,898
Residential mortgage loans held for sale	18,961	10,836
Investments available-for-sale	1,101,846	1,102,681
Held-to-maturity debt securities	226,233	236,165
Other investments	73,432	75,607
Loans, net of allowance	11,358,058	11,246,124
Interest rate swap agreements	17,527	15,867
Accrued interest receivable	46,668	46,583
Bank owned life insurance	169,288	158,921
Financial liabilities:
Time deposits	2,449,049	2,714,555
Other deposits	8,891,179	8,281,983
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	75,038	375,032
Advances from FHLB	500,000	550,000
Subordinated debt	371,101	370,803
Interest rate swap agreements	17,527	15,867
Accrued interest payable	13,775	30,367
Estimated Fair Value
Financial assets:
Cash and cash equivalents	406,710	545,898
Residential mortgage loans held for sale	18,961	10,836
Investments available-for-sale	1,101,846	1,102,681
Held-to-maturity debt securities	187,389	200,411
Other investments	73,432	75,607
Loans, net of allowance	10,522,647	10,476,059
Interest rate swap agreements	17,527	15,867
Accrued interest receivable	46,668	46,583
Bank owned life insurance	169,288	158,921
Financial liabilities:
Time deposits	2,434,990	2,704,013
Other deposits	8,891,179	8,281,983
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	75,038	375,032
Advances from FHLB	494,551	547,271
Subordinated debt	350,128	348,185
Interest rate swap agreements	17,527	15,867
Accrued interest payable	13,775	30,367
Quoted Prices in Active Markets for Identical Assets (Level 1) | Estimated Fair Value
Financial assets:
Cash and cash equivalents	406,710	545,898
Residential mortgage loans held for sale	0	0
Investments available-for-sale	0	0
Held-to-maturity debt securities	0	0
Other investments	0	0
Loans, net of allowance	0	0
Interest rate swap agreements	0	0
Accrued interest receivable	46,668	46,583
Bank owned life insurance	0	0
Financial liabilities:
Time deposits	0	0
Other deposits	8,891,179	8,281,983
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	0	0
Advances from FHLB	0	0
Subordinated debt	0	0
Interest rate swap agreements	0	0
Accrued interest payable	13,775	30,367
Significant Other Observable Inputs (Level 2) | Estimated Fair Value
Financial assets:
Cash and cash equivalents	0	0
Residential mortgage loans held for sale	18,961	10,836
Investments available-for-sale	1,101,846	1,102,681
Held-to-maturity debt securities	187,389	200,411
Other investments	73,432	75,607
Loans, net of allowance	0	0
Interest rate swap agreements	17,527	15,867
Accrued interest receivable	0	0
Bank owned life insurance	169,288	158,921
Financial liabilities:
Time deposits	2,434,990	2,704,013
Other deposits	0	0
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	75,038	375,032
Advances from FHLB	494,551	547,271
Subordinated debt	0	0
Interest rate swap agreements	17,527	15,867
Accrued interest payable	0	0
Significant Unobservable Inputs (Level 3) | Estimated Fair Value
Financial assets:
Cash and cash equivalents	0	0
Residential mortgage loans held for sale	0	0
Investments available-for-sale	0	0
Held-to-maturity debt securities	0	0
Other investments	0	0
Loans, net of allowance	10,522,647	10,476,059
Interest rate swap agreements	0	0
Accrued interest receivable	0	0
Bank owned life insurance	0	0
Financial liabilities:
Time deposits	0	0
Other deposits	0	0
Federal Funds Purchased and Securities Sold under Agreements to Repurchase	0	0
Advances from FHLB	0	0
Subordinated debt	350,128	348,185
Interest rate swap agreements	0	0
Accrued interest payable	$ 0	$ 0