The First Bancshares, Inc. (FBMS) 10-Q 9 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 03, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	000-22507
Entity Registrant Name	THE FIRST BANCSHARES, INC.
Entity Incorporation, State or Country Code	MS
Entity Tax Identification Number	64-0862173
Entity Address, Address Line One	6480 U.S. Highway 98 West, Suite A
Entity Address, City or Town	Hattiesburg
Entity Address, State or Province	MS
Entity Address, Postal Zip Code	39402
City Area Code	601
Local Phone Number	268-8998
Title of 12(b) Security	Common Stock
Trading Symbol	FBMS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		31,095,793
Entity Central Index Key	0000947559
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 105,788	$ 67,176
Interest-bearing deposits with banks	88,262	78,139
Total cash and cash equivalents	194,050	145,315
Securities available-for-sale, at fair value (amortized cost: $1,356,696 - 2023; $1,418,337 - 2022; allowance for credit losses: $0)	1,199,103	1,257,101
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	663,473	691,484
Other securities	35,725	33,944
Total securities	1,898,301	1,982,529
Loans held for sale	6,602	4,443
Loans held for investment	5,010,925	3,774,157
Allowance for credit losses	(52,614)	(38,917)
Net loans held for investment	4,958,311	3,735,240
Interest receivable	30,837	27,723
Premises and equipment	178,489	143,518
Operating lease right-of-use assets	6,194	7,620
Finance lease right-of-use assets	1,698	1,930
Cash surrender value of bank-owned life insurance	132,737	95,571
Goodwill	272,522	180,254
Other real estate owned	5,588	4,832
Other assets	176,779	132,742
Total assets	7,862,108	6,461,717
Deposits:
Noninterest-bearing	2,086,666	1,630,203
Interest-bearing	4,405,601	3,864,201
Total deposits	6,492,267	5,494,404
Interest payable	7,968	3,324
Borrowed funds	280,000	130,100
Subordinated debentures	128,214	145,027
Operating lease liabilities	6,353	7,810
Finance lease liabilities	1,829	1,918
Allowance for credit losses on off-balance sheet credit exposures	2,075	1,325
Other liabilities	43,956	31,146
Total liabilities	6,962,662	5,815,054
Shareholders’ equity:
Common stock, par value $1 per share, 80,000,000 shares authorized shares authorized; 32,345,400 shares issued at June 30, 2023, and par value $1 per share, 40,000,000 shares authorized; 25,275,369 shares issued at December 31, 2022	32,345	25,275
Additional paid-in capital	774,101	558,833
Retained earnings	279,350	252,623
Accumulated other comprehensive (loss) income	(145,239)	(148,957)
Treasury stock, at cost, 1,249,607 shares at June 30, 2023 and at December 31, 2022	(41,111)	(41,111)
Total shareholders’ equity	899,446	646,663
Total liabilities and shareholders’ equity	$ 7,862,108	$ 6,461,717

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Securities available-for-sale, amortized cost	$ 1,356,696,000	$ 1,418,337,000
Credit loss recognized	0	0
Securities held-to-maturity, allowance for credit losses	0	0
Securities held-to-maturity	$ 613,831,000	$ 642,097,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	80,000,000	40,000,000
Common stock, shares issued (in shares)	32,345,400	25,275,369
Treasury stock (in shares)	1,249,607	1,249,607

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest and dividend income:
Interest and fees on loans	$ 74,590	$ 34,663	$ 142,324	$ 68,817
Interest and dividends on securities:
Taxable interest and dividends	7,867	8,372	16,626	14,524
Tax exempt interest	2,948	2,780	5,896	5,202
Interest on federal funds sold and interest-bearing deposits in other banks	789	32	1,686	45
Total interest income	86,194	45,847	166,532	88,588
Interest expense:
Interest on deposits	14,762	1,905	27,039	4,188
Interest on borrowed funds	5,402	1,841	8,537	3,660
Total interest expense	20,164	3,746	35,576	7,848
Net interest income	66,030	42,101	130,956	80,740
Provision for credit losses, LHFI	1,000	450	11,500	450
Provision for credit losses, OBSC exposures	250	150	750	150
Net interest income after provision for credit losses	64,780	41,501	118,706	80,140
Non-interest income:
Service charges on deposit accounts	3,425	2,038	7,082	4,078
(Loss) on securities	(48)	(80)	(48)	(83)
Gain on acquisition	0	281	0	281
Government awards/grants	0	171	0	873
BOLI death proceeds	0	0	0	1,630
(Loss) gain on sale of premises and equipment	0	(115)	663	(113)
Other	9,046	6,369	17,338	13,155
Total non-interest income	12,423	8,664	25,035	19,821
Non-interest expense:
Salaries and employee benefits	23,315	17,237	46,888	34,036
Occupancy and equipment	5,041	3,828	10,337	7,704
Acquisition expense/charter conversion	4,101	1,172	7,894	1,580
Other	14,442	8,718	27,450	16,225
Total non-interest expense	46,899	30,955	92,569	59,545
Income before income taxes	30,304	19,210	51,172	40,416
Income tax expense	6,525	3,457	11,122	7,834
Net income available to common stockholders, basic	23,779	15,753	40,050	32,582
Net income available to common stockholders, diluted	$ 23,779	$ 15,753	$ 40,050	$ 32,582
Earnings per share:
Basic earnings per share (in dollars per share)	$ 0.76	$ 0.77	$ 1.28	$ 1.58
Diluted earnings per share (in dollars per share)	$ 0.75	$ 0.76	$ 1.27	$ 1.57

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 23,779	$ 15,753	$ 40,050	$ 32,582
Unrealized gains/losses on securities:
Unrealized holding (losses) gains arising during the period on available-for-sale securities	(19,504)	(57,007)	4,745	(159,856)
Reclassification adjustment for (accretion) amortization of unrealized holdings gain/(loss) included in accumulated other comprehensive income from the transfer of securities available-for-sale to held-to-maturity	92	0	184	0
Reclassification adjustment for losses (gains) included in net income	48	80	48	83
Unrealized holding (losses) gains arising during the period on available-for-sale securities	(19,364)	(56,927)	4,977	(159,773)
Income tax (expense) benefit	4,899	14,401	(1,259)	40,422
Other comprehensive (loss) income	(14,465)	(42,526)	3,718	(119,351)
Comprehensive income (loss)	$ 9,314	$ (26,773)	$ 43,768	$ (86,769)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	HSBI	Common Stock	Common Stock HSBI	Additional Paid-in Capital	Additional Paid-in Capital HSBI	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Beginning balance (in shares) at Dec. 31, 2021			21,668,644
Beginning balance at Dec. 31, 2021	$ 676,172		$ 21,669		$ 459,228		$ 206,228	$ 7,978	$ (18,931)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021									(649,607)
Net income	16,829						16,829
Common stock repurchased (in shares)									(600,000)
Common stock repurchased	(22,180)								$ (22,180)
Other comprehensive income (loss)	(76,825)							(76,825)
Dividends on common stock	(3,468)						(3,468)
Issuance of restricted stock grants (in shares)			82,123
Issuance of restricted stock grants	0		$ 82		(82)
Restricted stock grants forfeited (in shares)			(1,000)
Restricted stock grants forfeited	0		$ (1)		1
Repurchase of restricted stock for payment of taxes (in shares)			(15,330)
Repurchase of restricted stock for payment of taxes	(554)		$ (16)		(538)
Compensation expense	466				466
Ending balance (in shares) at Mar. 31, 2022			21,734,437
Ending balance at Mar. 31, 2022	$ 590,440		$ 21,734		459,075		219,589	(68,847)	$ (41,111)
Treasury stock, ending balance (in shares) at Mar. 31, 2022									(1,249,607)
Dividends declared	$ 0.17
Beginning balance (in shares) at Dec. 31, 2021			21,668,644
Beginning balance at Dec. 31, 2021	$ 676,172		$ 21,669		459,228		206,228	7,978	$ (18,931)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021									(649,607)
Net income	32,582
Other comprehensive income (loss)	(119,351)
Issuance of common shares for HSBI acquisition	0
Ending balance (in shares) at Jun. 30, 2022			21,778,731
Ending balance at Jun. 30, 2022	560,452		$ 21,779		459,503		231,654	(111,373)	$ (41,111)
Treasury stock, ending balance (in shares) at Jun. 30, 2022									(1,249,607)
Beginning balance (in shares) at Mar. 31, 2022			21,734,437
Beginning balance at Mar. 31, 2022	590,440		$ 21,734		459,075		219,589	(68,847)	$ (41,111)
Treasury stock, beginning balance (in shares) at Mar. 31, 2022									(1,249,607)
Net income	15,753						15,753
Other comprehensive income (loss)	(42,526)							(42,526)
Dividends on common stock	(3,688)						(3,688)
Issuance of restricted stock grants (in shares)			47,767
Issuance of restricted stock grants	0		$ 48		(48)
Restricted stock grants forfeited (in shares)			(1,000)
Restricted stock grants forfeited	0		$ (1)		1
Repurchase of restricted stock for payment of taxes (in shares)			(2,473)
Repurchase of restricted stock for payment of taxes	(73)		$ (2)		(71)
Compensation expense	546				546
Ending balance (in shares) at Jun. 30, 2022			21,778,731
Ending balance at Jun. 30, 2022	$ 560,452		$ 21,779		459,503		231,654	(111,373)	$ (41,111)
Treasury stock, ending balance (in shares) at Jun. 30, 2022									(1,249,607)
Dividends declared	$ 0.18
Beginning balance (in shares) at Dec. 31, 2022			25,275,369
Beginning balance at Dec. 31, 2022	$ 646,663		$ 25,275		558,833		252,623	(148,957)	$ (41,111)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022	(1,249,607)								(1,249,607)
Net income	$ 16,271						16,271
Other comprehensive income (loss)	18,183							18,183
Dividends on common stock	(6,498)						(6,498)
Issuance of common shares for HSBI acquisition (in shares)				6,920,422
Issuance of common shares for HSBI acquisition		$ 221,522		$ 6,920		$ 214,602
Issuance of restricted stock grants (in shares)			118,689
Issuance of restricted stock grants	0		$ 119		(119)
Restricted stock grants forfeited (in shares)			(500)
Restricted stock grants forfeited	0		$ (1)		1
Repurchase of restricted stock for payment of taxes (in shares)			(9,827)
Repurchase of restricted stock for payment of taxes	(307)		$ (9)		(298)
Compensation expense	593				593
Ending balance (in shares) at Mar. 31, 2023			32,304,153
Ending balance at Mar. 31, 2023	$ 896,427		$ 32,304		773,612		262,396	(130,774)	$ (41,111)
Treasury stock, ending balance (in shares) at Mar. 31, 2023									(1,249,607)
Dividends declared	$ 0.21
Beginning balance (in shares) at Dec. 31, 2022			25,275,369
Beginning balance at Dec. 31, 2022	$ 646,663		$ 25,275		558,833		252,623	(148,957)	$ (41,111)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022	(1,249,607)								(1,249,607)
Net income	$ 40,050
Other comprehensive income (loss)	3,718
Issuance of common shares for HSBI acquisition	6,920,422
Ending balance (in shares) at Jun. 30, 2023			32,345,400
Ending balance at Jun. 30, 2023	$ 899,446		$ 32,345		774,101		279,350	(145,239)	$ (41,111)
Treasury stock, ending balance (in shares) at Jun. 30, 2023	(1,249,607)								(1,249,607)
Beginning balance (in shares) at Mar. 31, 2023			32,304,153
Beginning balance at Mar. 31, 2023	$ 896,427		$ 32,304		773,612		262,396	(130,774)	$ (41,111)
Treasury stock, beginning balance (in shares) at Mar. 31, 2023									(1,249,607)
Net income	23,779						23,779
Other comprehensive income (loss)	(14,465)							(14,465)
Dividends on common stock	(6,825)						(6,825)
Issuance of restricted stock grants (in shares)			45,773
Issuance of restricted stock grants	0		$ 46		(46)
Restricted stock grants forfeited (in shares)			(4,526)
Restricted stock grants forfeited	0		$ (5)		5
Compensation expense	530				530
Ending balance (in shares) at Jun. 30, 2023			32,345,400
Ending balance at Jun. 30, 2023	$ 899,446		$ 32,345		$ 774,101		$ 279,350	$ (145,239)	$ (41,111)
Treasury stock, ending balance (in shares) at Jun. 30, 2023	(1,249,607)								(1,249,607)
Dividends declared	$ 0.22

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends declared	$ 0.22	$ 0.21	$ 0.18	$ 0.17

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income	$ 40,050	$ 32,582
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and accretion	2,321	6,520
Provision for credit loss	12,250	600
Loss (gain) on sale or writedown of ORE	533	235
Securities loss (gain)	48	83
Acquisition gain	0	(281)
(Gain) loss on disposal of premises and equipment	(663)	113
Restricted stock expense	1,123	1,012
Increase in cash value of life insurance	(1,587)	(1,080)
Federal Home Loan Bank stock dividends	(222)	(1)
Residential loans originated and held for sale	(50,376)	(79,176)
Proceeds from sale of residential loans held for sale	48,217	80,151
Changes in:
Interest receivable	1,235	(1,287)
Interest payable	4,644	(104)
Operating lease liability	(1,457)	(47)
Other, net	(17,370)	6,029
Net cash provided by operating activities	38,746	45,349
Securities available-for-sale
Sales	171,150	0
Maturities, prepayments, and calls	59,142	106,960
Purchases	0	(7,000)
Held-to-maturity securities:
Maturities, prepayments, and calls	30,155	4,666
Purchases	0	(597,673)
Purchases of other securities	(9,473)	(361)
Proceeds from other securities	8,741	0
Net (increase) decrease in loans	(70,124)	(163,403)
Net changes in premises and equipment	(2,916)	(4,125)
Proceeds from sale of other real estate owned	587	836
Proceeds from the sale of premises and equipment	731	712
Bank-owned life insurance – death proceeds	0	1,630
Cash received in excess of cash paid for acquisitions	106,973	0
Net cash provided by (used in) investing activities	294,966	(657,758)
Cash flows from financing activities:
(Decrease) increase in deposits	(395,323)	79,413
Net change in borrowed funds	149,900	0
Principal payments on finance lease liabilities	(89)	(88)
Dividends paid on common stock	(13,158)	(7,050)
Cash paid to repurchase common stock	0	(22,180)
Payment of subordinated debt issuance costs	0	(1)
Called/repayment of subordinated debt	(26,000)	0
Repurchase of restricted stock for payment of taxes	(307)	(627)
Net cash (used in) provided by financing activities	(284,977)	49,467
Net change in cash and cash equivalents	48,735	(562,942)
Beginning cash and cash equivalents	145,315	919,713
Ending cash and cash equivalents	194,050	356,771
Supplemental disclosures:
Loans transferred to other real estate	1,267	495
Issuance of restricted stock grants	165	130
Dividends on restricted stock grants	165	105
Issuance of common shares for HSBI acquisition	6,920,422	0
Lease liabilities arising from obtaining right-of-use assets	0	600
Lease liabilities arising from HSBI acquisition	$ 184	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial statements and the instructions to Form 10-Q of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the six months ended June 30, 2023, are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. For further information, please refer to the consolidated financial statements and footnotes thereto included in the Company’s Form 10-K for the fiscal year ended December 31, 2022.

SUMMARY OF ORGANIZATION

SUMMARY OF ORGANIZATION	6 Months Ended
	Jun. 30, 2023
SUMMARY OF ORGANIZATION
SUMMARY OF ORGANIZATION	SUMMARY OF ORGANIZATION The First Bancshares, Inc., Hattiesburg, Mississippi (the “Company”), was incorporated June 23, 1995, under the laws of the State of Mississippi for the purpose of operating as a bank holding company. The Company’s primary asset is its interest in its wholly-owned subsidiary, The First Bank (the “Bank” or “The First”). At June 30, 2023, the Company had approximately $7.862 billion in assets, $4.958 billion in net loans held for investment (“LHFI”), $6.492 billion in deposits, and $899.4 million in shareholders' equity. For the six months ended June 30, 2023, the Company reported net income of $40.1 million. On February 24, 2023, the Company paid a cash dividend in the amount of $0.21 per share to shareholders of record as of the close of business on February 8, 2023. On May 24, 2023, the Company paid a cash dividend of $0.22 per share to shareholders of record as of the close of business on May 8, 2023.

ACCOUNTING STANDARDS

ACCOUNTING STANDARDS	6 Months Ended
	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
ACCOUNTING STANDARDS	ACCOUNTING STANDARDS Effect of Recently Adopted Accounting Standards In March 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (ASC 848): “Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference London Interbank Offer Rate ("LIBOR") or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The Company adopted ASU 2020-04 effective January 1, 2023. Adoption of ASU 2020-04 did not have a material impact on the Company's consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combination (Topic 805): “Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” This ASU requires entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendment improves comparability after the business combination by providing consistent recognition and measurement guidance for revenue contracts with customers acquired in a business combination and revenue contracts with customers not acquired in a business combination. The Company adopted ASU 2021-08 effective January 1, 2023. Adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. In March 2022, FASB issued ASU No. 2022-02, " Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures.” These amendments eliminate the TDR recognition and measurement guidance and instead require that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendments also enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. For public business entities, these amendments require that an entity disclose current period gross write-offs by year of origination for financing receivables and net investment in leases within the scope of Subtopic 326-20. Gross write-off information must be included in the vintage disclosures required for public business entities in accordance with paragraph 326-20-50-6, which requires that an entity disclose the amortized cost basis of financing receivables by credit quality indicator and class of financing receivable by year of origination. The Company adopted ASU 2022-02 effective January 1, 2023. Adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. New Accounting Standards That Have Not Yet Been Adopted In March 2023, FASB issued ASU No. 2023-01, Leases (Topic 842) - "Common Control Arrangements." This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party. The ASU requires all entities to amortize leasehold improvements associated with common control leases over the useful life to the common control group. This guidance is effective for the Company January 1, 2024, and is not expected to have a material impact on the Company's consolidated financial statements. In March 2023, FASB issued ASU No. 2023-02, Investments - Equity Method and Joint Venture (Topic 323): "Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method."

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	6 Months Ended
	Jun. 30, 2023
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS Acquisitions Heritage Southeast Bank On January 1, 2023, the Company completed its acquisition of Heritage Southeast Bancorporation, Inc. ("HSBI"), pursuant to an Agreement and Plan of Merger dated July 27, 2022, by and between the Company and HSBI (the "HSBI Merger Agreement"). Upon the completion of the merger of HSBI with and into the Company, Heritage Southeast Bank, HSBI's wholly-owned subsidiary, was merged with and into The First Bank. Under the terms of the HSBI Merger Agreement, each share of HSBI common stock was converted into the right to receive 0.965 of a share of Company common stock. The Company paid a total consideration of $221.5 million to the former HSBI shareholders as consideration in the acquisition, which included 6,920,422 shares of the Company's common stock, and $16 thousand in cash in lieu of fractional shares. The HSBI acquisition provides the opportunity for the Company to expand its operations in Georgia and the Florida panhandle. In connection with the acquisition of HSBI, the Company recorded approximately $92.1 million of goodwill, of which $3.2 million funded the ACL for estimated losses on the acquired PCD loans, and $43.7 million core deposit intangible. Goodwill is not deductible for income taxes. The core deposit intangible will be amortized to expense over 10 years. Expenses associated with the HSBI acquisition were $3.0 million and $4.2 million for the three months and six months period ended June 30, 2023, respectively. These costs included charges associated with legal and consulting expenses, which have been expensed as incurred. The assets acquired and liabilities assumed, and consideration paid in the acquisition were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition and are subject to adjustment for up to one year after the closing date of the acquisition. While the fair values are not expected to be materially different from the estimates, accounting guidance provides that an acquirer must recognize adjustments to provisional amounts that are identified during the measurement period, which will run through January 1, 2024, in respect of the acquisition, in the measurement period in which the adjustment amounts are determined. The acquirer must record in the financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of changes to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The items most susceptible to adjustment are the credit fair value adjustments on loans, core deposit intangible and the deferred income tax assets resulting from the acquisition. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, and the goodwill generated from the transaction. ($ in thousands) Purchase price: Cash and stock $ 221,538 Total purchase price 221,538 Identifiable assets: Cash $ 106,973 Investments 172,775 Loans 1,155,712 Core deposit intangible 43,739 Personal and real property 35,963 Other real estate owned 857 Bank owned life insurance 35,579 Deferred taxes 6,129 Interest receivable 4,349 Other assets 3,103 Total assets 1,565,179 Liabilities and equity: Deposits 1,392,432 Trust Preferred 9,015 Other liabilities 34,271 Total liabilities 1,435,718 Net assets acquired 129,461 Goodwill $ 92,077 Beach Bancorp, Inc. On August 1, 2022, the Company completed its acquisition of Beach Bancorp, Inc. ("BBI"), pursuant to an Agreement and Plan of Merger dated April 26, 2022, by and between the Company and BBI (the "BBI Merger Agreement"). Upon the completion of the merger of BBI with and into the Company, Beach Bank, BBI's wholly-owned subsidiary, was merged with and into The First Bank. Under the terms of the BBI Merger Agreement, each share of BBI common stock and each share of BBI preferred stock was converted into the right to receive 0.1711 of a share of Company common stock (the "BBI Exchange Ratio"), and all stock options awarded under the BBI equity plans were converted automatically into an option to purchase shares of Company common stock on the same terms and conditions as applicable to each such BBI option as in effect immediately prior to the effective time, with the number of shares underlying each such option and the applicable exercise price adjusted based on the BBI Exchange Ratio. The BBI merger provides the opportunity for the Company to expand its operations in the Florida panhandle and enter the Tampa market. The Company paid consideration of $101.5 million to the former BBI shareholders including 3,498,936 shares of the Company's common stock and $1 thousand in cash in lieu of fractional shares, and also assumed options entitling the owners thereof to purchase an additional 310,427 shares of the Company's common stock. In connection with the acquisition of BBI, the Company recorded approximately $23.5 million of goodwill, of which $1.3 million funded the ACL for estimated losses on the acquired PCD loans, and $9.8 million core deposit intangible. Goodwill is not deductible for income taxes. The core deposit intangible will be amortized to expense over 10 years. Expenses associated with the BBI acquisition were $471 thousand and $1.3 million for the three months and six months period ended June 30, 2023, respectively. These costs included charges associated with legal and consulting expenses, which have been expensed as incurred. The assets acquired and liabilities assumed, and consideration paid in the acquisition were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition and are subject to adjustment for up to one year after the closing date of the acquisition. While the fair values are not expected to be materially different from the estimates, accounting guidance provides that an acquirer must recognize adjustments to provisional amounts that are identified during the measurement period, which will run through August 1, 2023, in respect of the acquisition, in the measurement period in which the adjustment amounts are determined. The acquirer must record in the financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of changes to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The items most susceptible to adjustment are the credit fair value adjustments on loans, core deposit intangible and the deferred income tax assets resulting from the acquisition. The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, and the goodwill generated from the transaction. ($ in thousands) Purchase price: Cash and stock $ 101,470 Total purchase price 101,470 Identifiable assets: Cash $ 23,939 Investments 22,643 Loans 485,171 Other real estate 8,429 Bank owned life insurance 10,092 Core deposit intangible 9,791 Personal and real property 11,895 Deferred tax asset 27,135 Other assets 9,235 Total assets 608,330 Liabilities and equity: Deposits 490,591 Borrowings 25,000 Other liabilities 14,772 Total liabilities 530,363 Net assets acquired 77,967 Goodwill $ 23,503 Supplemental Pro Forma Information The following table presents certain supplemental pro forma information, for illustrative purposes only, for the six months ended June 30, 2023 and 2022 as if the BBI and HSBI acquisitions had occurred on January 1, 2022. The pro forma financial information is not necessarily indicative of the results of operations had the acquisitions been effective as of this date. ($ in thousands) (unaudited) (unaudited) Six Months Ended Six Months Ended Net interest income $ 130,956 $ 90,701 Non-interest income 25,035 32,240 Total revenue 155,991 122,941 Income before income taxes 59,066 61,621 Supplemental pro-forma earnings were adjusted to exclude acquisition costs incurred. The Company’s operating results for the six months ended June 30, 2023, include the operating results of the acquired assets and assumed liabilities of the above mentioned acquisitions subsequent to the acquisition date.

EARNINGS APPLICABLE TO COMMON S

EARNINGS APPLICABLE TO COMMON SHAREHOLDERS	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
EARNINGS APPLICABLE TO COMMON SHAREHOLDERS	EARNINGS APPLICABLE TO COMMON SHAREHOLDERS Basic per share data is calculated based on the weighted-average number of common shares outstanding during the reporting period. Diluted per share data includes any dilution from potential common stock outstanding, such as restricted stock grants. There were no anti-dilutive common stock equivalents excluded in the calculations. The following tables disclose the reconciliation of the numerators and denominators of the basic and diluted computations applicable to common shareholders. ($ in thousands, except per share amount) Three Months Ended Three Months Ended Net Income Shares Per Net Income Shares Per Basic earnings per share $ 23,779 31,378,364 $ 0.76 $ 15,753 20,507,451 $ 0.77 Effect of dilutive shares: Restricted stock grants 213,301 108,477 Diluted earnings per share $ 23,779 31,591,665 $ 0.75 $ 15,753 20,615,928 $ 0.76 ($ in thousands, except per share amount) For the Six Months Ended For the Six Months Ended Net Income Shares Per Net Income Shares Per Basic earnings per share $ 40,050 31,343,911 $ 1.28 $ 32,582 20,602,698 $ 1.58 Effect of dilutive shares: Restricted stock grants 205,828 122,847 Diluted earnings per share $ 40,050 31,549,739 $ 1.27 $ 32,582 20,725,545 $ 1.57 The Company granted 118,689 shares and 82,123 shares of restricted stock in the first quarter of 2023 and 2022, respectively. The Company granted 45,773 shares and 47,827 shares of restricted stock in the second quarter of 2023 and 2022, respectively.

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2023
Equity [Abstract]
COMPREHENSIVE INCOME	COMPREHENSIVE INCOMEAs presented in the Consolidated Statements of Comprehensive Income (Loss), comprehensive income includes net income and other comprehensive income. The Company’s sources of other comprehensive income are unrealized gains and losses on available-for-sale securities, which are also recognized as separate components of equity.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	6 Months Ended
	Jun. 30, 2023
Risks and Uncertainties [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. At June 30, 2023, and December 31, 2022, these financial instruments consisted of the following: ($ in thousands) June 30, 2023 December 31, 2022 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 74,312 $ 53,495 $ 43,227 $ 15,758 Unused lines of credit 302,087 691,746 243,043 404,025 Standby letters of credit 16,584 11,122 4,260 9,909 Commitments to make loans are generally made for periods of 90 days or less. The fixed rate loan commitments have interest rates ranging from 1.0% to 18.0% and maturities ranging from approximately 1 year to 30 years. ALLOWANCE FOR CREDIT LOSSES (“ACL”) ON OFF BALANCE SHEET CREDIT (“OBSC”) Exposures The Company maintains a separate ACL on OBSC exposures, including unfunded commitments and letters of credit, which is included on the accompanying consolidated balance sheet as of June 30, 2023 and December 31, 2022. The ACL on OBSC exposures is adjusted as a provision for credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Changes in the ACL on OBSC exposures were as follows for the presented periods: ($ in thousands) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Balance at beginning of period $ 1,825 $ 1,070 $ 1,325 $ 1,070 Credit loss expense related to OBSC exposures 250 150 750 150 Balance at end of period $ 2,075 $ 1,220 $ 2,075 $ 1,220 Adjustments to the ACL on OBSC exposures are recorded to provision for credit losses related to OBSC exposures. The Company recorded $250 thousand and $150 thousand provision for the three months period ended June 30, 2023 and 2022, respectively. For the six months period ended June 30, 2023 and 2022, the Company recorded $750 thousand and $150 thousand provision to the ACL on OBSC exposures, respectively. The increase in the ACL on OBSC exposures for the six months ended June 30, 2023 compared to the same period in 2022 was due to the day one provision for unfunded commitments related to the HSBI acquisition and an increase in unfunded commitments. No credit loss estimate is reported for OBSC exposures that are unconditionally cancellable by the Company or for undrawn amounts under such arrangements that may be drawn prior to the cancellation on the arrangement.

FAIR VALUE DISCLOSURES AND REPO

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS	FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the assets or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 : Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 : Significant observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, and other inputs that are observable or can be corroborated by observable market data. Level 3 : Significant unobservable inputs that reflect a company’s own assumptions about the factors that market participants would likely consider in pricing an asset or liability. The following methods and assumptions were used by the Company to estimate its financial instrument fair values disclosed at June 30, 2023 and December 31, 2022: • Investment Securities : The fair value for investment securities is determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2), using matrix pricing. Matrix pricing is a mathematical technique commonly used to price debt securities that are not actively traded, valuing debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). • Loans Held for Sale - Loans held for sale are carried at fair value in the aggregate as determined by the outstanding commitments from investors. As, such we classify those loans subjected to recurring fair value adjustments as Level 2 of the fair value hierarchy. • Collateral Dependent Loans : Loans for which it is probable that the Company will not collect all principal and interest due according to contractual terms are measured for impairment. If the impaired loan is identified as collateral dependent, then the fair value method of measuring the amount of impairment is utilized. This method requires obtaining a current independent appraisal of the collateral. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by independent appraisers to adjust for differences between the comparable sales and income data available for similar loans and collateral underlying such loans. Such adjustments, if any, result in a Level 3 classification of the inputs for determining fair value. The Company generally adjusts the appraisal down by approximately 10 percent to account for cost associated with litigation and collection. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment. • Other Real Estate Owned : Other real estate owned consists of properties obtained through foreclosure. The adjustment at the time of foreclosure is recorded through the allowance for credit losses. Fair value of other real estate owned is based on current independent appraisals of the collateral less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals, which are updated no less frequently than annually. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach with data from comparable properties. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments, if any, result in a Level 3 classification of the inputs for determining fair value. In the determination of fair value subsequent to foreclosure, management also considers other factors or recent developments, such as changes in market conditions from the time of valuation and anticipated sales values considering plans for disposition, which could result in an adjustment to lower the collateral value estimates indicated in the appraisals. The Company generally adjusts the appraisal down by approximately 10 percent to account for carrying costs. Periodic revaluations are classified as Level 3 in the fair value hierarchy since assumptions are used that may not be observable in the market. Due to the subjective nature of establishing the fair value when the asset is acquired, the actual fair value of the other real estate owned or foreclosed asset could differ from the original estimate. If it is determined the fair value declines subsequent to foreclosure, a valuation allowance is recorded through other non-interest income. Operating costs associated with the assets after acquisition are also recorded as non-interest expense. Gains and losses on the disposition of other real estate owned and foreclosed assets are netted and recorded in other non-interest income. Other real estate owned is classified within Level 3 of the fair value hierarchy. • Interest Rate Swaps: The Company offers interest rate swaps to certain commercial loan customers to allow them to hedge the risk of rising interest rates on their variable rate loans. The Company originates a variable rate loan and enters into a variable to fixed interest rate swap with the customer. The Company also enters into an offsetting swap with a correspondent bank. These back-to-back agreements are intended to offset each other and allow the Company to originate a variable rate loan, while providing the contract or fixed interest payments for the customer. Due to the observable nature of the inputs used in deriving the fair value of these derivative contracts, the valuation of interest rates swaps is classified within Level 2 of the fair value hierarchy. Estimated fair values for the Company’s financial instruments are as follows, as of the dates noted: June 30, 2023 Carrying Estimated Fair Value Measurements ($ in thousands) Quoted Prices Significant Significant Financial Instruments: Assets: Cash and cash equivalents $ 194,050 $ 194,050 $ 194,050 $ — $ — Securities available-for-sale 1,199,103 1,199,103 124,616 1,053,435 21,052 Securities held-to-maturity 663,473 613,831 — 613,831 — Loans held for sale 6,602 6,602 — 6,602 — Loans, net 4,958,311 4,795,956 — — 4,795,956 Accrued interest receivable 30,837 30,837 — 8,957 21,880 Interest rate swaps 12,469 12,469 — 12,469 — Liabilities: Noninterest-bearing deposits $ 2,086,666 $ 2,086,666 $ — $ 2,086,666 $ — Interest-bearing deposits 4,405,601 4,151,398 — 4,151,398 — Subordinated debentures 128,214 106,361 — — 106,361 FHLB and other borrowings 280,000 280,000 — 280,000 — Accrued interest payable 7,968 7,968 — 7,968 — Interest rate swaps 12,469 12,469 — 12,469 — December 31, 2022 Carrying Estimated Fair Value Measurements ($ in thousands) Quoted Significant Significant Financial Instruments: Assets: Cash and cash equivalents $ 145,315 $ 145,315 $ 145,315 $ — $ — Securities available-for-sale 1,257,101 1,257,101 123,854 1,118,099 15,148 Securities held-to-maturity 691,484 642,097 — 642,097 — Loans held for sale 4,443 4,443 — 4,443 — Loans, net 3,735,240 3,681,313 — — 3,681,313 Accrued interest receivable 27,723 27,723 — 9,757 17,966 Interest rate swaps 12,825 12,825 — 12,825 — Liabilities: Non-interest-bearing deposits $ 1,630,203 $ 1,630,203 $ — $ 1,630,203 $ — Interest-bearing deposits 3,864,201 3,505,990 — 3,505,990 — Subordinated debentures 145,027 133,816 — — 133,816 FHLB and other borrowings 130,100 130,100 — 130,100 — Accrued interest payable 3,324 3,324 — 3,324 — Interest rate swaps 12,825 12,825 — 12,825 — Assets measured at fair value on a recurring basis are summarized below: June 30, 2023 ($ in thousands) Fair Value Fair Value Measurements Using Quoted Prices in Significant Other Significant Assets: Available-for-sale U.S. Treasury $ 124,616 $ 124,616 $ — $ — Obligations of U.S. Government agencies and sponsored entities 132,738 — 132,738 — Municipal securities 447,901 — 426,880 21,021 Mortgage-backed securities 455,979 — 455,979 — Corporate obligations 37,869 — 37,838 31 Total available-for-sale $ 1,199,103 $ 124,616 $ 1,053,435 $ 21,052 Loans held for sale $ 6,602 $ — $ 6,602 $ — Interest rate swaps $ 12,469 $ — $ 12,469 $ — Liabilities Interest rate swaps $ 12,469 $ — $ 12,469 $ — December 31, 2022 ($ in thousands) Fair Value Fair Value Measurements Using Quoted Prices in Significant Other Significant Available-for-sale U.S. Treasury $ 123,854 $ 123,854 $ — $ — Obligations of U.S. Government agencies and sponsored entities 144,369 — 144,369 — Municipal securities 457,857 — 442,740 15,117 Mortgage-backed securities 490,139 — 490,139 — Corporate obligations 40,882 — 40,851 31 Total available-for-sale $ 1,257,101 $ 123,854 $ 1,118,099 $ 15,148 Loans held for sale $ 4,443 $ — $ 4,443 $ — Interest rate swaps $ 12,825 $ — $ 12,825 $ — Liabilities: Interest rate swaps $ 12,825 $ — $ 12,825 $ — The following is a reconciliation of activity for assets measured at fair value based on significant unobservable inputs (Level 3) information. Bank-Issued Trust ($ in thousands) 2023 2022 Balance, January 1 $ 31 $ 43 Paydowns — (11) Balance at June 30 $ 31 $ 32 Municipal Securities ($ in thousands) 2023 2022 Balance, January 1 $ 15,117 $ 20,123 Purchases — — Maturities, calls and paydowns (236) (236) Transfer from level 2 to level 3 6,085 — Unrealized gain (loss) included in comprehensive income 55 (1,630) Balance at June 30 $ 21,021 $ 18,257 The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a recurring basis at June 30, 2023 and December 31, 2022. The following tables present quantitative information about recurring Level 3 fair value measurements ($ in thousands): Trust Preferred Securities Fair Value Valuation Technique Significant Unobservable Range of Inputs June 30, 2023 $ 31 Discounted cash flow Probability of default 7.69% - 7.76% December 31, 2022 $ 31 Discounted cash flow Probability of default 6.98% - 7.19% Municipal Securities Fair Value Valuation Technique Significant Range of Inputs June 30, 2023 $ 21,021 Discounted cash flow Discount Rate 3.65% - 5.61% December 31, 2022 $ 15,117 Discounted cash flow Discount Rate 3.00% - 4.00% The following table presents the fair value measurement of assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements were classified at June 30, 2023 and December 31, 2022. June 30, 2023 ($ in thousands) Fair Value Measurements Using Fair Value Quoted Prices in Significant Significant Collateral dependent loans $ 6,740 $ — $ — $ 6,740 Other real estate owned 5,588 — — 5,588 December 31, 2022 ($ in thousands) Fair Value Measurements Using Fair Value Quoted Prices in Significant Significant Collateral dependent loans $ 5,552 $ — $ — $ 5,552 Other real estate owned 4,832 — — 4,832

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2023
SECURITIES
SECURITIES	SECURITIES The following table summarizes the amortized cost, gross unrealized gains and losses, and estimated fair values of securities available-for-sale (“AFS”) and securities held-to-maturity at June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 Amortized Gross Gross Estimated Available-for-sale securities: U.S. Treasury $ 135,683 $ — $ 11,067 $ 124,616 Obligations of U.S. government agencies and sponsored entities 152,520 1 19,783 132,738 Tax-exempt and taxable obligations of states and municipal subdivisions 505,231 430 57,760 447,901 Mortgage-backed securities - residential 319,417 3 40,622 278,798 Mortgage-backed securities - commercial 201,601 51 24,471 177,181 Corporate obligations 42,244 — 4,375 37,869 Total available-for-sale $ 1,356,696 $ 485 $ 158,078 $ 1,199,103 Held-to-maturity: U.S. Treasury $ 89,687 $ — $ 4,648 $ 85,039 Obligations of U.S. government agencies and sponsored entities 33,681 — 2,383 31,298 Tax-exempt and taxable obligations of states and municipal subdivisions 247,126 6,330 15,968 237,488 Mortgage-backed securities - residential 148,859 — 16,902 131,957 Mortgage-backed securities - commercial 134,120 — 14,016 120,104 Corporate obligations 10,000 — 2,055 7,945 Total held-to-maturity $ 663,473 $ 6,330 $ 55,972 $ 613,831 ($ in thousands) December 31, 2022 Amortized Gross Gross Estimated Available-for-sale securities: U.S. Treasury $ 135,752 $ — $ 11,898 $ 123,854 Obligations of U.S. government agencies sponsored entities 163,054 3 18,688 144,369 Tax-exempt and taxable obligations of states and municipal subdivisions 519,190 598 61,931 457,857 Mortgage-backed securities - residential 341,272 11 42,041 299,242 Mortgage-backed securities - commercial 215,200 60 24,363 190,897 Corporate obligations 43,869 — 2,987 40,882 Total available-for-sale $ 1,418,337 $ 672 $ 161,908 $ 1,257,101 Held-to-maturity: U.S. Treasury $ 109,631 $ — $ 5,175 $ 104,456 Obligations of U.S. government agencies and sponsored entities 33,789 — 2,153 31,636 Tax-exempt and taxable obligations of states and municipal subdivisions 247,467 4,525 13,699 238,293 Mortgage-backed securities - residential 156,119 — 17,479 138,640 Mortgage-backed securities - commercial 134,478 7 13,798 120,687 Corporate obligations 10,000 — 1,615 8,385 Total held-to-maturity $ 691,484 $ 4,532 $ 53,919 $ 642,097 The amortized cost and fair value of debt securities are shown by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. The Company reassessed classification of certain investments and effective October 2022, the Company transferred $863 thousand of obligations of U.S. government agencies and sponsored entities, $1.2 million of mortgage-backed securities - commercial, and $137.5 million of tax-exempt and taxable obligations of state and municipal subdivisions from AFS to HTM securities. The securities were transferred at their amortized cost basis, net of any remaining unrealized gain or loss reported in accumulated other comprehensive income. The related unrealized loss of $36.8 million included in other comprehensive income remained in other comprehensive income, to be amortized out of other comprehensive income with an offsetting entry to interest income as a yield adjustment through earnings over the remaining term of the securities. There was no allowance for credit loss associated with the AFS securities that were transferred to HTM. ACL on Securities Securities Available for Sale Quarterly, the Company evaluates if a security has a fair value less than its amortized cost. Once these securities are identified, in order to determine whether a decline in fair value resulted from a credit loss or other factors, the Company performs further analysis as outlined below: • Review the extent to which the fair value is less than the amortized cost and determine if the decline is indicative of credit loss or other factors. • The securities that violate the credit loss trigger above would be subjected to additional analysis. • If the Company determines that a credit loss exists, the credit portion of the allowance will be measured using the discounted cash flow (“DCF”) analysis using the effective interest rate. The amount of credit loss the Company records will be limited to the amount by which the amortized cost exceeds the fair value. The allowance for the calculated credit loss will be monitored going forward for further credit deterioration or improvement. At both June 30, 2023 and December 31, 2022, the results of the analysis did not identify any securities where the decline was indicative of credit loss factors; therefore, no credit loss was recognized on any of the securities AFS. Accrued interest receivable is excluded from the estimate of credit losses for securities AFS. Accrued interest receivable totaled $5.7 million and $6.2 million at June 30, 2023 and December 31, 2022, respectively and was reported in interest receivable on the accompanying Consolidated Balance Sheet. All AFS securities were current with no securities past due or on nonaccrual as of June 30, 2023 and December 31, 2022. Securities Held to Maturity At June 30, 2023 and December 31, 2022, the potential credit loss exposure was $201 thousand and $242 thousand, respectively and consisted of tax-exempt and taxable obligations of states and municipal subdivisions and corporate obligations securities. After applying appropriate probability of default (“PD”) and loss given default (“LGD”) assumptions, the total amount of current expected credit losses was deemed immaterial. Therefore, no reserve was recorded at June 30, 2023. Accrued interest receivable is excluded from the estimate of credit losses for securities held-to-maturity. Accrued interest receivable totaled $3.4 million and $3.6 million at June 30, 2023 and December 31, 2022, respectively and was reported in interest receivable on the accompanying Consolidated Balance Sheet. At both June 30, 2023 and December 31, 2022, the Company had no securities held-to-maturity that were past due 30 days or more as to principal or interest payments. The Company had no securities held-to-maturity classified as nonaccrual at both June 30, 2023 and December 31, 2022. The Company monitors the credit quality of the debt securities held-to-maturity through the use of credit ratings. The Company monitors the credit ratings on a quarterly basis. The following table summarizes the amortized cost of debt securities held-to-maturity at June 30, 2023 and December 31, 2022, aggregated by credit quality indicators. ($ in thousands) June 30, 2023 December 31, 2022 Aaa $ 440,152 $ 467,736 Aa1/Aa2/Aa3 137,533 110,854 A1/A2 33,349 13,757 BBB 10,000 10,000 Not rated 42,439 89,137 Total $ 663,473 $ 691,484 The amortized cost and fair value of debt securities are shown by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. ($ in thousands) June 30, 2023 Amortized Fair Available-for-sale: Due less than one year $ 62,185 $ 61,053 Due after one year through five years 265,117 246,185 Due after five years through ten years 334,035 289,647 Due greater than ten years 174,341 146,239 Mortgage-backed securities - residential 319,417 278,798 Mortgage-backed securities - commercial 201,601 177,181 Total $ 1,356,696 $ 1,199,103 Held-to-maturity: Due less than one year $ 38,491 $ 37,396 Due after one year through five years 72,423 68,056 Due after five years through ten years 52,315 47,359 Due greater than ten years 217,265 208,959 Mortgage-backed securities - residential 148,859 131,957 Mortgage-backed securities - commercial 134,120 120,104 Total $ 663,473 $ 613,831 The amortized costs of securities pledged as collateral, to secure public deposits and for other purposes, was $1.186 billion at June 30, 2023 and $1.031 billion at December 31, 2022, respectively. The following table summarizes securities in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2023 and December 31, 2022. The securities are aggregated by major security type and length of time in a continuous unrealized loss position: ($ in thousands) June 30, 2023 Losses < 12 Months Losses 12 Months or > Total Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury $ — $ — $ 124,616 $ 11,067 $ 124,616 $ 11,067 Obligations of U.S. government agencies and sponsored entities 1,031 38 131,338 19,745 132,369 19,783 Tax-exempt and taxable obligations of state and municipal subdivisions 47,332 2,055 378,121 55,705 425,453 57,760 Mortgage-backed securities - residential 9,805 423 268,497 40,199 278,302 40,622 Mortgage-backed securities - commercial 5,067 333 167,716 24,138 172,783 24,471 Corporate obligations 8,323 1,177 29,547 3,198 37,870 4,375 Total $ 71,558 $ 4,026 $ 1,099,835 $ 154,052 $ 1,171,393 $ 158,078 Held-to-maturity: U.S. Treasury $ — $ — $ 85,039 $ 4,648 $ 85,039 $ 4,648 Obligations of U.S. government agencies and sponsored entities 736 — 30,561 2,383 31,297 2,383 Tax-exempt and taxable obligations of state and municipal subdivisions 44,551 4,276 67,739 11,692 112,290 15,968 Mortgage-backed securities - residential — — 131,957 16,902 131,957 16,902 Mortgage-backed securities - commercial 25,217 1,829 94,887 12,187 120,104 14,016 Corporate obligations — — 7,945 2,055 7,945 2,055 Total $ 70,504 $ 6,105 $ 418,128 $ 49,867 $ 488,632 $ 55,972 ($ in thousands) December 31, 2022 Losses < 12 Months Losses 12 Months or > Total Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury $ 4,563 $ 419 $ 119,292 $ 11,479 $ 123,855 $ 11,898 Obligations of U.S. government agencies and sponsored entities 34,254 2,293 109,431 16,395 143,685 18,688 Tax-exempt and taxable obligations of state and municipal subdivisions 275,202 31,152 159,508 30,779 434,710 61,931 Mortgage-backed securities - residential 76,125 4,970 222,274 37,071 298,399 42,041 Mortgage-backed securities - commercial 50,193 3,025 136,062 21,338 186,255 24,363 Corporate obligations 35,142 1,995 5,739 992 40,881 2,987 Total $ 475,479 $ 43,854 $ 752,306 $ 118,054 $ 1,227,785 $ 161,908 Held-to-maturity: U.S. Treasury $ 104,457 $ 5,175 $ — $ — $ 104,457 $ 5,175 Obligations of U.S. government agencies and sponsored entities 31,636 2,153 — — 31,636 2,153 Tax-exempt and taxable obligations of state and municipal subdivisions 127,628 13,583 15,303 116 142,931 13,699 Mortgage-backed securities - residential 138,639 17,479 — — 138,639 17,479 Mortgage-backed securities - commercial 119,758 13,798 — — 119,758 13,798 Corporate obligations 8,385 1,615 — — 8,385 1,615 Total $ 530,503 $ 53,803 $ 15,303 $ 116 $ 545,806 $ 53,919

LOANS

LOANS	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
LOANS	LOANS The Company uses four different categories to classify loans in its portfolio based on the underlying collateral securing each loan. The loans grouped together in each category have been determined to share similar risk characteristics with respect to credit quality. Those four categories are commercial, financial and agriculture, commercial real estate, consumer real estate, consumer installment; Commercial, financial and agriculture – Commercial, financial and agriculture loans include loans to business entities issued for commercial, industrial, or other business purposes. This type of commercial loan shares a similar risk characteristic in that unlike commercial real estate loans, repayment is largely dependent on cash flow generated from the operation of the business. Commercial real estate – Commercial real estate loans are grouped as such because repayment is mainly dependent upon either the sale of the real estate, operation of the business occupying the real estate, or refinance of the debt obligation. This includes both owner-occupied and non-owner occupied CRE secured loans, because they share similar risk characteristics related to these variables. Consumer real estate – Consumer real estate loans consist primarily of loans secured by 1-4 family residential properties and/or residential lots. This includes loans for the purpose of constructing improvements on the residential property, as well as home equity lines of credit. Consumer installment – Installment and other loans are all loans issued to individuals that are not for any purpose related to operation of a business, and not secured by real estate. Repayment on these loans is mostly dependent on personal income, which may be impacted by general economic conditions. The following table shows the composition of the loan portfolio: ($ in thousands) June 30, 2023 December 31, 2022 Loans held for sale Mortgage loans held for sale $ 6,602 $ 4,443 Total LHFS $ 6,602 $ 4,443 Loans held for investment Commercial, financial and agriculture (1) $ 790,295 $ 536,192 Commercial real estate 2,915,886 2,135,263 Consumer real estate 1,249,295 1,058,999 Consumer installment 55,449 43,703 Total loans 5,010,925 3,774,157 Less allowance for credit losses (52,614) (38,917) Net LHFI $ 4,958,311 $ 3,735,240 ____________________________________________________________ (1) Loan balance includes $514 thousand and $710 thousand in Paycheck Protection Program (“PPP”) loans as of June 30, 2023 and December 31, 2022, respectively. Accrued interest receivable is not included in the amortized cost basis of the Company’s LHFI. At June 30, 2023 and December 31, 2022, accrued interest receivable for LHFI totaled $21.9 million and $18.0 million, respectively, with no related ACL and was reported in interest receivable on the accompanying consolidated balance sheet. Nonaccrual and Past Due LHFI Past due LHFI are loans contractually past due 30 days or more as to principal or interest payments. Generally, the Company will place a delinquent loan in nonaccrual status when the loan becomes 90 days or more past due. At the time a loan is placed in nonaccrual status, all interest which has been accrued on the loan but remains unpaid is reversed and deducted from earnings as a reduction of reported interest income. No additional interest is accrued on the loan balance until the collection of both principal and interest becomes reasonably certain. The following tables present the aging of the amortized cost basis in past due loans in addition to those loans classified as nonaccrual including purchase credit deteriorated (“PCD”) loans: ($ in thousands) June 30, 2023 Past Due Past Due Nonaccrual PCD Total Total Nonaccrual Commercial, financial and agriculture (1) $ 1,549 $ — $ 221 $ 1,066 $ 2,836 $ 790,295 $ 172 Commercial real estate 1,278 — 9,196 793 11,267 2,915,886 5,030 Consumer real estate 1,899 — 3,324 1,419 6,642 1,249,295 1,456 Consumer installment 177 — 18 — 195 55,449 — Total $ 4,903 $ — $ 12,759 $ 3,278 $ 20,940 $ 5,010,925 $ 6,658 ___________________________________________________________ (1) Total loan balance includes $514 thousand in PPP loans as of June 30, 2023. December 31, 2022 ($ in thousands) Past Due Past Due 90 Nonaccrual PCD Total Total Nonaccrual Commercial, financial and agriculture (1) $ 220 $ — $ 19 $ — $ 239 $ 536,192 $ — Commercial real estate 1,984 — 7,445 1,129 10,558 2,135,263 4,560 Consumer real estate 3,386 289 2,965 1,032 7,672 1,058,999 791 Consumer installment 173 — 1 — 174 43,703 — Total $ 5,763 $ 289 $ 10,430 $ 2,161 $ 18,643 $ 3,774,157 $ 5,351 ___________________________________________________________ (1) Total loan balance includes $710 thousand in PPP loans as of December 31, 2022. Acquired Loans In connection with the acquisitions of HSBI and BBI, the Company acquired loans both with and without evidence of credit quality deterioration since origination. Acquired loans are recorded at their fair value at the time of acquisition with no carryover from the acquired institution's previously recorded allowance for credit losses. Acquired loans are accounted for under the following accounting pronouncements: ASC 326, Financial Instruments - Credit Losses. The fair value for acquired loans recorded at the time of acquisition is based upon several factors including the timing and payment of expected cash flows, as adjusted for estimated credit losses and prepayments, and then discounting these cash flows using comparable market rates. The resulting fair value adjustment is recorded in the form of premium or discount to the unpaid principal balance of each acquired loan. As it relates to acquired PCD loans, the net premium or net discount is adjusted to reflect the Company's allowance for credit losses ("ACL") recorded for PCD loans at the time of acquisition, and the remaining fair value adjustment is accreted or amortized into interest income over the remaining life of the loan. As it relates to acquired loans not classified as PCD ("non-PCD") loans, the credit loss and yield components of the fair value adjustments are aggregated, and the resulting net premium or net discount is accreted or amortized into interest income over the average remaining life of those loans. The Company records an ACL for non-PCD loans at the time of acquisition through provision expense, and therefore, no further adjustments are made to the net premium or net discount for non-PCD loans. The estimated fair value of the non-PCD loans acquired in the BBI acquisition was $460.0 million, which is net of a $8.8 million discount. The gross contractual amounts receivable of the acquired non-PCD loans at acquisition was approximately $468.8 million, of which $6.4 million is the amount of contractual cash flows not expected to be collected. The estimated fair value of the non-PCD acquired in the HSBI acquisition was $1.091 billion, which is net of a $33.7 million discount. The gross contractual amounts receivable of the acquired non-PCD loans at acquisition was approximately $1.125 billion, of which $16.5 million is the amount of contractual cash flows not expected to be collected. The following table shows the carrying amount of loans acquired in the BBI and HSBI acquisitions for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination: ($ in thousands) BBI HSBI Purchase price of loans at acquisition $ 27,669 $ 52,356 Allowance for credit losses at acquisition 1,303 3,176 Non-credit discount (premium) at acquisition 530 2,325 Par value of acquired loans at acquisition $ 29,502 $ 57,857 As of June 30, 2023, and December 31, 2022 the amortized cost of the Company’s PCD loans totaled $65.9 million and $24.0 million, respectively, which had an estimated ACL of $3.5 million and $1.7 million, respectively. Loan Modifications The Company adopted ASU No. 2022-02 effective January 1, 2023. These amendments eliminate the TDR recognition and measurement guidance and enhanced disclosures for loan modifications to borrowers experiencing financial difficulty. Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, and other-than-insignificant payment delay or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. In some cases, the Company provides multiple types of concessions on one loan. Typically, one type of concession, such as term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. For loans included in the "combination" columns below, multiple types of modifications have been made on the same loan within the current reporting period. The combination is at least two of the following: a term extension, principal forgiveness, an other-than-insignificant payment delay and/or an interest rate reduction. The following table presents the amortized cost basis of loans at June 30, 2023 that were both experiencing financial difficulty and modified during 2023, by class and by type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below: ($ in thousands) Payment Modification Percentage of Total Loans Held for Investment Consumer real estate $ 60 — % Total $ 60 — % The Company has not committed to lend additional amounts to the borrowers included in the previous table. Troubled Debt Restructurings Prior to the Adoption of ASU 2022-02 If the Company grants a concession to a borrower for economic or legal reasons related to a borrower’s financial difficulties that it would not otherwise consider, the loan is classified as a TDR. As of December 31, 2022, the Company had TDRs totaling $21.8 million. The Company acquired three TDRs totaling $1.5 million as part of the BBI acquisition. As of December 31, 2022, the Company had no additional amount committed on any loan classified as TDR. As of December 31, 2022, TDRs had a related ACL of $841 thousand. The following table presents LHFI by class modified as TDRs that occurred during the three and six months ended June 30, 2022. ($ in thousands, except for number of loans) Three Months Ended June 30, 2022 Number of Outstanding Outstanding Commercial, financial and agriculture 1 $ 15 $ 15 Total 1 $ 15 $ 15 The TDRs presented above increased the ACL $0 and resulted in no charge-offs for the three months period ended June 30, 2022. ($ in thousands, except for number of loans) Six Months Ended June 30, 2022 Number of Outstanding Outstanding Commercial, financial and agriculture 1 $ 15 $ 15 Total 1 $ 15 $ 15 The TDRs presented above increased the ACL $0 and resulted in no charge-offs for the six months period ended June 30, 2022. The following table presents loans by class modified as TDRs for which there was a payment default within twelve months following the modification. ($ in thousands, except for number of loans) Six Months Ended June 30, Troubled Debt Restructurings That Subsequently Defaulted: 2022 Number of Recorded Commercial real estate 3 $ 4,562 Consumer real estate 3 133 Total 6 $ 4,695 The modifications described above included one of the following or a combination of the following: maturity date extensions, interest only payments, amortizations were extended beyond what would be available on similar type loans, and payment waiver. No interest rate concessions were given on these loans nor were any of these loans written down. A loan is considered to be in a payment default once it is 30 days contractually past due under the modified terms. The TDRs presented above increased the ACL $1.5 million and resulted in no charge-offs for the six months period ended June 30, 2022. The following tables represents the Company’s TDRs at December 31, 2022: December 31, 2022 Current Past Due Past Due 90 Nonaccrual Total ($ in thousands) Commercial, financial and agriculture $ 49 $ — $ — $ — $ 49 Commercial real estate 13,561 — — 6,121 19,682 Consumer real estate 1,077 — — 929 2,006 Consumer installment 14 — — — 14 Total $ 14,701 $ — $ — $ 7,050 $ 21,751 Allowance for credit losses $ 350 $ — $ — $ 491 $ 841 Collateral Dependent Loans The following table presents the amortized cost basis of collateral dependent individually evaluated loans by class of loans as of June 30, 2023 and December 31, 2022: June 30, 2023 ($ in thousands) Real Property Miscellaneous Total Commercial, financial and agriculture $ — $ 172 $ 172 Commercial real estate 5,030 — 5,030 Consumer real estate 1,574 — 1,574 Total $ 6,604 $ 172 $ 6,776 December 31, 2022 ($ in thousands) Real Property Total Commercial real estate $ 4,560 $ 4,560 Consumer real estate 998 998 Total $ 5,558 $ 5,558 A loan is collateral dependent when the borrower is experiencing financial difficulty and repayment of the loan is expected to be provided substantially through the sale of the collateral. The following provides a qualitative description by class of loan of the collateral that secures the Company’s collateral dependent LHFI: • Commercial, financial and agriculture – Loans within these loan classes are secured by equipment, inventory accounts, and other non-real estate collateral. • Commercial real estate – Loans within these loan classes are secured by commercial real property. • Consumer real estate - Loans within these loan classes are secured by consumer real property. • Consumer installment - Loans within these loan classes are secured by consumer goods, equipment, and non-real estate collateral. There have been no significant changes to the collateral that secures these financial assets during the period. Loan Participations The Company has loan participations, which qualify as participating interest, with other financial institutions. As of June 30, 2023, these loans totaled $273.0 million, of which $152.8 million had been sold to other financial institutions and $120.2 million was purchased by the Company. As of December 31, 2022, these loans totaled $202.6 million, of which $100.1 million had been sold to other financial institutions and $102.5 million was purchased by the Company. The loan participations convey proportionate ownership rights with equal priority to each participating interest holder; involving no recourse (other than ordinary representations and warranties) to, or subordination by, any participating interest holder; all cash flows are divided among the participating interest holders in proportion to each holder’s share of ownership; and no holder has the right to pledge the entire financial asset unless all participating interest holders agree. Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually to classify the loans as to credit risk. The Company uses the following definitions for risk ratings: Pass: Loan classified as pass are deemed to possess average to superior credit quality, requiring no more than normal attention. Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Company’s credit position at some future date. Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. These above classifications were the most current available as of June 30, 2023, and were generally updated within the prior year. The tables below present the amortized cost basis of loans by credit quality indicator and class of loans based on the most recent analysis performed at June 30, 2023 and December 31, 2022. Revolving loans converted to term as of the six months ended June 30, 2023 and December 31, 2022 were not material to the total loan portfolio. As of June 30, 2023 Term Loans Amortized Cost Basis by Origination Year Revolving Total ($ in thousands) 2023 2022 2021 2020 2019 Prior Commercial, financial and agriculture: Risk Rating Pass $ 63,198 $ 153,935 $ 119,982 $ 55,578 $ 42,981 $ 74,566 $ 274,501 $ 784,741 Special mention — — — 179 1,199 1,473 127 2,978 Substandard 58 427 163 317 638 948 25 2,576 Doubtful — — — — — — — — Total commercial, financial and agriculture $ 63,256 $ 154,362 $ 120,145 $ 56,074 $ 44,818 $ 76,987 $ 274,653 $ 790,295 Current period gross write offs $ — $ 11 $ 95 $ 2 $ 206 $ 110 $ — $ 424 Commercial real estate: Risk Rating Pass $ 115,044 $ 801,165 $ 591,882 $ 397,524 $ 278,946 $ 619,859 $ 3,546 $ 2,807,966 Special mention — 681 10,427 3,263 10,434 18,817 — 43,622 Substandard — 6,981 3,389 838 5,334 47,756 — 64,298 Doubtful — — — — — — — — Total commercial real estate $ 115,044 $ 808,827 $ 605,698 $ 401,625 $ 294,714 $ 686,432 $ 3,546 $ 2,915,886 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer real estate: Risk Rating Pass $ 87,387 $ 369,865 $ 236,851 $ 139,610 $ 64,194 $ 182,654 $ 149,200 $ 1,229,761 Special mention — 76 — — 90 4,126 2,027 6,319 Substandard — 119 527 1,647 763 8,902 1,257 13,215 Doubtful — — — — — — — — Total consumer real estate $ 87,387 $ 370,060 $ 237,378 $ 141,257 $ 65,047 $ 195,682 $ 152,484 $ 1,249,295 Current period gross write offs $ — $ 21 $ — $ — $ — $ 3 $ — $ 24 Consumer installment: Risk Rating Pass $ 13,765 $ 17,183 $ 9,991 $ 4,416 $ 1,940 $ 1,618 $ 6,444 $ 55,357 Special mention — — — 1 — — — 1 Substandard — 9 19 42 20 1 — 91 Doubtful — — — — — — — — Total consumer installment $ 13,765 $ 17,192 $ 10,010 $ 4,459 $ 1,960 $ 1,619 $ 6,444 $ 55,449 Current period gross write offs $ 47 $ 370 $ 131 $ 128 $ 66 $ 243 $ 33 $ 1,018 Total Pass $ 279,394 $ 1,342,148 $ 958,706 $ 597,128 $ 388,061 $ 878,697 $ 433,691 $ 4,877,825 Special mention — 757 10,427 3,443 11,723 24,416 2,154 52,920 Substandard 58 7,536 4,098 2,844 6,755 57,607 1,282 80,180 Doubtful — — — — — — — — Total $ 279,452 $ 1,350,441 $ 973,231 $ 603,415 $ 406,539 $ 960,720 $ 437,127 $ 5,010,925 Current period gross write offs $ 47 $ 402 $ 226 $ 130 $ 272 $ 356 $ 33 $ 1,466 As of December 31, 2022 Term Loans Amortized Cost Basis by Origination Year Revolving Total ($ in thousands) 2022 2021 2020 2019 2018 Prior Commercial, financial and: agriculture Risk Rating Pass $ 181,761 $ 141,174 $ 55,690 $ 53,954 $ 43,441 $ 52,038 $ 181 $ 528,239 Special mention 380 5,188 1,664 — — 412 — 7,644 Substandard 50 — — 34 33 192 — 309 Doubtful — — — — — — — — Total commercial, financial and agriculture $ 182,191 $ 146,362 $ 57,354 $ 53,988 $ 43,474 $ 52,642 $ 181 $ 536,192 Commercial real estate: Risk Rating Pass $ 582,895 $ 436,661 $ 305,140 $ 217,626 $ 140,682 $ 368,185 $ 1,765 $ 2,052,954 Special mention 672 1,345 3,938 11,643 9,885 16,612 — 44,095 Substandard 50 2,830 908 1,694 4,797 27,935 — 38,214 Doubtful — — — — — — — — Total commercial real estate $ 583,617 $ 440,836 $ 309,986 $ 230,963 $ 155,364 $ 412,732 $ 1,765 $ 2,135,263 Consumer real estate: Risk Rating Pass $ 325,853 $ 226,355 $ 136,052 $ 59,376 $ 51,515 $ 129,923 $ 112,278 $ 1,041,352 Special mention — — — — 823 3,846 — 4,669 Substandard 519 554 1,481 648 1,706 6,894 1,176 12,978 Doubtful — — — — — — — — Total consumer real estate $ 326,372 $ 226,909 $ 137,533 $ 60,024 $ 54,044 $ 140,663 $ 113,454 $ 1,058,999 Consumer installment: Risk Rating Pass $ 18,925 $ 11,618 $ 5,031 $ 2,078 $ 832 $ 1,445 $ 3,725 $ 43,654 Special mention — — — — — — — — Substandard 4 13 24 — 3 5 — 49 Doubtful — — — — — — — — Total consumer installment $ 18,929 $ 11,631 $ 5,055 $ 2,078 $ 835 $ 1,450 $ 3,725 $ 43,703 Total Pass $ 1,109,434 $ 815,808 $ 501,913 $ 333,034 $ 236,470 $ 551,591 $ 117,949 $ 3,666,199 Special mention 1,052 6,533 5,602 11,643 10,708 20,870 — 56,408 Substandard 623 3,397 2,413 2,376 6,539 35,026 1,176 51,550 Doubtful — — — — — — — — Total $ 1,111,109 $ 825,738 $ 509,928 $ 347,053 $ 253,717 $ 607,487 $ 119,125 $ 3,774,157 Allowance for Credit Losses The ACL is a valuation account that is deducted from loans’ amortized cost basis to present the net amount expected to be collected on the loans. It is comprised of a general allowance for loans that are collectively assessed in pools with similar risk characteristics and a specific allowance for individually assessed loans. The allowance is continuously monitored by management to maintain a level adequate to absorb expected losses inherent in the loan portfolio. The ACL represents the estimated losses for financial assets accounted for on an amortized cost basis. Expected losses are calculated using relevant information, from internal and external sources, about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environment conditions, such as changes in unemployment rates, property values, or other relevant factors. Management may selectively apply external market data to subjectively adjust the Company’s own loss history including index or peer data. Expected losses are estimated over the contractual term of the loans, adjusted for expected prepayments. The contractual term excludes expected extensions, renewals, and modifications. Loans are charged-off against the allowance when management believes the uncollectibility of a loan balance is confirmed and recoveries are credited to the allowance when received. Expected recovery amounts may not exceed the aggregate of amounts previously charged-off. The ACL is measured on a collective basis when similar risk characteristics exist. Generally, collectively assessed loans are grouped by call code (segments). Segmenting loans by call code will group loans that contain similar types of collateral, purposes, and are usually structured with similar terms making each loan’s risk profile very similar to the rest in that segment. Each of these segments then flows up into one of the four bands (bands), Commercial, Financial, and Agriculture, Commercial Real Estate, Consumer Real Estate, and Consumer Installment. In accordance with the guidance in ASC 326, the Company redefined its LHFI portfolio segments and related loan classes based on the level at which risk is monitored within the ACL methodology. Construction loans for 1-4 family residential properties with a call code 1A1, and other construction, all land development and other land loans with a call code 1A2 were previously separated between the Commercial Real Estate or Consumer Real Estate bands based on loan type code. Under our ASC 326 methodology 1A1 loans are all defined as part of the Consumer Real Estate band and 1A2 loans are all defined as part of the Commercial Real Estate Band. The PD calculation analyzes the historical loan portfolio over the given lookback period to identify, by segment, loans that have defaulted. A default is defined as a loan that has moved to past due 90 days and greater, nonaccrual status, or experienced a charge-off during the period. The model observes loans over a 12-month window, detecting any events previously defined. This information is then used by the model to calculate annual iterative count-based PD rates for each segment. This process is then repeated for all dates within the historical data range. These averaged PD’s are used for an immediate reversion back to the historical mean. The historical data used to calculate this input was captured by the Company from 2009 through the most recent quarter end. The Company utilizes reasonable and supportable forecasts of future economic conditions when estimating the ACL on loans. The model’s calculation also includes a 24-month forecasted PD based on a regression model that calculated a comparison of the Company’s historical loan data to various national economic metrics during the same periods. The results showed the Company’s past losses having a high rate of correlation to unemployment, both regionally and nationally. Using this information, along with the most recently published Wall Street Journal survey of sixty economists’ forecasts predicting unemployment rates out over the next eight quarters, a corresponding future PD can be calculated for the forward-looking 24-month period. This data can also be used to predict loan losses at different levels of stress, including a baseline, adverse and severely adverse economic condition. After the forecast period, PD rates revert to the historical mean of the entire data set. The LGD calculation is based on actual losses (charge-offs, net recoveries) at a loan level experienced over the entire lookback period aggregated to get a total for each segment of loans. The aggregate loss amount is divided by the exposure at default to determine an LGD rate. Defaults occurring during the lookback period are included in the denominator, whether a loss occurred or not and exposure at default is determined by the loan balance immediately preceding the default event. If there is not a minimum of five past defaults in a loan segment, or less than 15.0% calculated LGD rate, or the total balance at default is less than 1% of the balance in the respective call code as of the model run date, a proxy index is used. This index is proprietary to the Company’s ACL modeling vendor derived from loss data of other client institutions similar in organization structure to the Company. The vendor also provides a “crisis” index derived from loss data between the post-recessionary years of 2008-2013 that the Company uses. The model then uses these inputs in a non-discounted version of DCF methodology to calculate the quantitative portion of estimated losses. The model creates loan level amortization schedules that detail out the expected monthly payments for a loan including estimated prepayments and payoffs. These expected cash flows are discounted back to present value using the loan’s coupon rate instead of the effective interest rate. On a quarterly basis, the Company uses internal credit portfolio data, such as changes in portfolio volume and composition, underwriting practices, and levels of past due loans, nonaccruals and classified assets along with other external information not used in the quantitative calculation to determine if any subjective qualitative adjustments are required so that all significant risks are incorporated to form a sufficient basis to estimate credit losses. The following table presents the activity in the allowance for credit losses by portfolio segment for the three months ended June 30, 2023 and 2022: ($ in thousands) Three Months Ended June 30, 2023 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 9,443 $ 28,052 $ 14,201 $ 754 $ 52,450 Provision for credit losses (64) 603 (118) 579 1,000 Loans charged-off (421) — (24) (681) (1,126) Recoveries 14 71 64 141 290 Total ending allowance balance $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) Six Months Ended June 30, 2023 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 6,349 $ 20,389 $ 11,599 $ 580 $ 38,917 Initial allowance on PCD loans 727 2,260 182 7 3,176 Provision for credit losses 2,263 5,991 2,284 962 11,500 Loans charged-off (424) — (24) (1,018) (1,466) Recoveries 57 86 82 262 487 Total ending allowance balance $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) Three Months Ended June 30, 2022 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 4,874 $ 17,773 $ 8,492 $ 481 $ 31,620 Provision for credit losses (313) 629 62 72 450 Loans charged-off (94) (24) (140) (168) (426) Recoveries 44 290 338 84 756 Total ending allowance balance $ 4,511 $ 18,668 $ 8,752 $ 469 $ 32,400 ($ in thousands) Six Months Ended June 30, 2022 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 4,873 $ 17,552 $ 7,889 $ 428 $ 30,742 Provision for credit losses (313) 629 62 72 450 Loans charged-off (146) (27) (147) (337) (657) Recoveries 97 514 948 306 1,865 Total ending allowance balance $ 4,511 $ 18,668 $ 8,752 $ 469 $ 32,400 The Company recorded a $11.5 million provision for credit losses for the six months ended June 30, 2023, compared to $450 thousand provision for the same period in 2022. The initial ACL on PCD loans recorded in March 2023, of $3.2 million was related to the HSBI acquisition. The 2023 provision for credit losses includes $10.7 million associated with day one post-merger accounting provision recorded for non-PCD loans and unfunded commitments acquired in the HSBI merger. The Company recorded a $1.0 million provision for credit losses for the three months ended June 30, 2023, compared to $450 thousand provision for the same periods in 2022. The increase in the provision for the three months ended June 30, 2023 is attributed to loan growth. The following table provides the ending balance in the Company’s LHFI and the ACL, broken down by portfolio segment as of June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 Commercial, Commercial Consumer Consumer Total LHFI Individually evaluated $ 172 $ 5,030 $ 1,574 $ — $ 6,776 Collectively evaluated 790,123 2,910,856 1,247,721 55,449 5,004,149 Total $ 790,295 $ 2,915,886 $ 1,249,295 $ 55,449 $ 5,010,925 Allowance for Credit Losses Individually evaluated $ — $ — $ 36 $ — $ 36 Collectively evaluated 8,972 28,726 14,087 793 52,578 Total $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) December 31, 2022 Commercial, Commercial Consumer Consumer Total LHFI Individually evaluated $ — $ 4,560 $ 998 $ — $ 5,558 Collectively evaluated 536,192 2,130,703 1,058,001 43,703 3,768,599 Total $ 536,192 $ 2,135,263 $ 1,058,999 $ 43,703 $ 3,774,157 Allowance for Credit Losses Individually evaluated $ — $ — $ 5 $ — $ 5 Collectively evaluated 6,349 20,389 11,594 580 38,912 Total $ 6,349 $ 20,389 $ 11,599 $ 580 $ 38,917

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS Interest Rate Swaps The Company enters into interest rate swap agreements primarily to facilitate the risk management strategies of certain commercial customers. The interest rate swap agreements entered into by the Company are all entered into under what is referred to as a back-to-back interest rate swap, as such, the net positions are offsetting assets and liabilities, as well as income and expenses. All derivative instruments are recorded in the consolidated statement of financial condition at their respective fair values, as components of other assets and other liabilities. Under a back-to-back interest rate swap program, the Company enters into an interest rate swap with the customer and another offsetting swap with a counterparty. The result is two mirrored interest rate swaps, absent a credit event, which will offset in the financial statements. These swaps are not designated as hedging instruments and are recorded at fair value in other assets and other liabilities. The change in fair value is recognized in the income statement as other income and fees. The following table provides outstanding interest rate swaps as of June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 December 31, 2022 Notional amount $ 361,749 $ 328,756 Weighted average pay rate 4.5 % 4.6 % Weighted average receive rate 4.5 % 4.3 % Weighted average maturity in years 5.77 6.11 The following table provides the fair value of interest rate swap contracts at June 30, 2023 and December 31, 2022 included in other assets and other liabilities. ($ in thousands) June 30, 2023 December 31, 2022 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Interest rate swap contracts $ 12,469 $ 12,469 12,825 $ 12,825 The Company also enters into a collateral agreement with the counterparty requiring the Company to post cash or cash equivalent collateral to mitigate the credit risk in the transaction. At June 30, 2023 and December 31, 2022, the Company had $500 thousand of collateral posted with its counterparties, which is included in the consolidated statement of financial condition as cash and cash equivalents as "restricted cash". The Company also receives a swap spread to compensate it for the credit exposure it takes on the customer-facing portion of the transaction and this upfront cash payment from the counterparty is recorded in other income, net of any transaction execution expenses, in the consolidated statement of operations. For the three months and six months ended June 30, 2023, net swap spread income included in other income was $326 thousand and $495 thousand, respectively. Entering into derivative contracts potentially exposes the Company to the risk of counterparties' failure to fulfill their legal obligations, including, but not limited to, potential amounts due or payable under each derivative contract. Notional principal amounts are often used to express the volume of these transactions, but the amounts potentially subject to credit risk are much smaller. The Company assesses the credit risk of its dealer counterparties by regularly monitoring publicly available credit rating information, evaluating other market indicators, and periodically reviewing detailed financials. The Company records the fair value of its interest rate swap contracts separately within other assets and other liabilities as current accounting rules do not permit the netting of customer and counterparty fair value amounts in the consolidated statement of financial condition.

RECLASSIFICATION

RECLASSIFICATION	6 Months Ended
	Jun. 30, 2023
RECLASSIFICATION
RECLASSIFICATION	RECLASSIFICATIONCertain amounts in the 2022 financial statements have been reclassified for comparative purposes to conform to the current period financial statement presentation.

SUBSEQUENT EVENTS_OTHER

SUBSEQUENT EVENTS/OTHER	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS/OTHER	SUBSEQUENT EVENTS/OTHER In April 2023, the U.S. Department of Treasury (the "Treasury") informed the Company that the Treasury has reviewed the Company's application to receive a grant through the Community Development Financial Institution Fund ("CDFI Fund") related to the Equitable Recovery Program ("ERP"), and that the Company would be eligible to receive an ERP grant in an amount up to $6.2 million. The Company has not yet determined whether it will accept the offer to receive the ERP grant. If the Company moves forward with pursuing the ERP grant from the Treasury, the Company would be required to fulfill certain conditions established by the Treasury and would be subject to certain restrictions following its acceptance of the investment.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net income	$ 23,779	$ 16,271	$ 15,753	$ 16,829	$ 40,050	$ 32,582

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
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

ACCOUNTING STANDARDS (Policies)

ACCOUNTING STANDARDS (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Effect of Recently Adopted Accounting Standards & New Accounting Standards That Have Not Yet Been Adopted	Effect of Recently Adopted Accounting Standards In March 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (ASC 848): “Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” This ASU provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference London Interbank Offer Rate ("LIBOR") or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The Company adopted ASU 2020-04 effective January 1, 2023. Adoption of ASU 2020-04 did not have a material impact on the Company's consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combination (Topic 805): “Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” This ASU requires entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendment improves comparability after the business combination by providing consistent recognition and measurement guidance for revenue contracts with customers acquired in a business combination and revenue contracts with customers not acquired in a business combination. The Company adopted ASU 2021-08 effective January 1, 2023. Adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. In March 2022, FASB issued ASU No. 2022-02, " Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures.” These amendments eliminate the TDR recognition and measurement guidance and instead require that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendments also enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. For public business entities, these amendments require that an entity disclose current period gross write-offs by year of origination for financing receivables and net investment in leases within the scope of Subtopic 326-20. Gross write-off information must be included in the vintage disclosures required for public business entities in accordance with paragraph 326-20-50-6, which requires that an entity disclose the amortized cost basis of financing receivables by credit quality indicator and class of financing receivable by year of origination. The Company adopted ASU 2022-02 effective January 1, 2023. Adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. New Accounting Standards That Have Not Yet Been Adopted In March 2023, FASB issued ASU No. 2023-01, Leases (Topic 842) - "Common Control Arrangements." This ASU requires entities to determine whether a related party arrangement between entities under common control is a lease. If the arrangement is determined to be a lease, an entity must classify and account for the lease on the same basis as an arrangement with a related party. The ASU requires all entities to amortize leasehold improvements associated with common control leases over the useful life to the common control group. This guidance is effective for the Company January 1, 2024, and is not expected to have a material impact on the Company's consolidated financial statements. In March 2023, FASB issued ASU No. 2023-02, Investments - Equity Method and Joint Venture (Topic 323): "Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method."

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	6 Months Ended
	Jun. 30, 2023
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, and the goodwill generated from the transaction. ($ in thousands) Purchase price: Cash and stock $ 221,538 Total purchase price 221,538 Identifiable assets: Cash $ 106,973 Investments 172,775 Loans 1,155,712 Core deposit intangible 43,739 Personal and real property 35,963 Other real estate owned 857 Bank owned life insurance 35,579 Deferred taxes 6,129 Interest receivable 4,349 Other assets 3,103 Total assets 1,565,179 Liabilities and equity: Deposits 1,392,432 Trust Preferred 9,015 Other liabilities 34,271 Total liabilities 1,435,718 Net assets acquired 129,461 Goodwill $ 92,077 The following table summarizes the provisional fair values of the assets acquired and liabilities assumed, and the goodwill generated from the transaction. ($ in thousands) Purchase price: Cash and stock $ 101,470 Total purchase price 101,470 Identifiable assets: Cash $ 23,939 Investments 22,643 Loans 485,171 Other real estate 8,429 Bank owned life insurance 10,092 Core deposit intangible 9,791 Personal and real property 11,895 Deferred tax asset 27,135 Other assets 9,235 Total assets 608,330 Liabilities and equity: Deposits 490,591 Borrowings 25,000 Other liabilities 14,772 Total liabilities 530,363 Net assets acquired 77,967 Goodwill $ 23,503
Business Acquisition, Pro Forma Information	The following table presents certain supplemental pro forma information, for illustrative purposes only, for the six months ended June 30, 2023 and 2022 as if the BBI and HSBI acquisitions had occurred on January 1, 2022. The pro forma financial information is not necessarily indicative of the results of operations had the acquisitions been effective as of this date. ($ in thousands) (unaudited) (unaudited) Six Months Ended Six Months Ended Net interest income $ 130,956 $ 90,701 Non-interest income 25,035 32,240 Total revenue 155,991 122,941 Income before income taxes 59,066 61,621

EARNINGS APPLICABLE TO COMMON_2

EARNINGS APPLICABLE TO COMMON SHAREHOLDERS (Tables)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Reconciliation of Numerators and Denominators of Basic and Diluted Computations Applicable to Common Shareholders	The following tables disclose the reconciliation of the numerators and denominators of the basic and diluted computations applicable to common shareholders. ($ in thousands, except per share amount) Three Months Ended Three Months Ended Net Income Shares Per Net Income Shares Per Basic earnings per share $ 23,779 31,378,364 $ 0.76 $ 15,753 20,507,451 $ 0.77 Effect of dilutive shares: Restricted stock grants 213,301 108,477 Diluted earnings per share $ 23,779 31,591,665 $ 0.75 $ 15,753 20,615,928 $ 0.76 ($ in thousands, except per share amount) For the Six Months Ended For the Six Months Ended Net Income Shares Per Net Income Shares Per Basic earnings per share $ 40,050 31,343,911 $ 1.28 $ 32,582 20,602,698 $ 1.58 Effect of dilutive shares: Restricted stock grants 205,828 122,847 Diluted earnings per share $ 40,050 31,549,739 $ 1.27 $ 32,582 20,725,545 $ 1.57

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	6 Months Ended
	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Schedule of Financial Instruments with Off-Balance Sheet Risk	The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. At June 30, 2023, and December 31, 2022, these financial instruments consisted of the following: ($ in thousands) June 30, 2023 December 31, 2022 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 74,312 $ 53,495 $ 43,227 $ 15,758 Unused lines of credit 302,087 691,746 243,043 404,025 Standby letters of credit 16,584 11,122 4,260 9,909
Schedule of Changes in the ACL on OBSC Exposures	Changes in the ACL on OBSC exposures were as follows for the presented periods: ($ in thousands) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Balance at beginning of period $ 1,825 $ 1,070 $ 1,325 $ 1,070 Credit loss expense related to OBSC exposures 250 150 750 150 Balance at end of period $ 2,075 $ 1,220 $ 2,075 $ 1,220

FAIR VALUE DISCLOSURES AND RE_2

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Estimated Fair Values	Estimated fair values for the Company’s financial instruments are as follows, as of the dates noted: June 30, 2023 Carrying Estimated Fair Value Measurements ($ in thousands) Quoted Prices Significant Significant Financial Instruments: Assets: Cash and cash equivalents $ 194,050 $ 194,050 $ 194,050 $ — $ — Securities available-for-sale 1,199,103 1,199,103 124,616 1,053,435 21,052 Securities held-to-maturity 663,473 613,831 — 613,831 — Loans held for sale 6,602 6,602 — 6,602 — Loans, net 4,958,311 4,795,956 — — 4,795,956 Accrued interest receivable 30,837 30,837 — 8,957 21,880 Interest rate swaps 12,469 12,469 — 12,469 — Liabilities: Noninterest-bearing deposits $ 2,086,666 $ 2,086,666 $ — $ 2,086,666 $ — Interest-bearing deposits 4,405,601 4,151,398 — 4,151,398 — Subordinated debentures 128,214 106,361 — — 106,361 FHLB and other borrowings 280,000 280,000 — 280,000 — Accrued interest payable 7,968 7,968 — 7,968 — Interest rate swaps 12,469 12,469 — 12,469 — December 31, 2022 Carrying Estimated Fair Value Measurements ($ in thousands) Quoted Significant Significant Financial Instruments: Assets: Cash and cash equivalents $ 145,315 $ 145,315 $ 145,315 $ — $ — Securities available-for-sale 1,257,101 1,257,101 123,854 1,118,099 15,148 Securities held-to-maturity 691,484 642,097 — 642,097 — Loans held for sale 4,443 4,443 — 4,443 — Loans, net 3,735,240 3,681,313 — — 3,681,313 Accrued interest receivable 27,723 27,723 — 9,757 17,966 Interest rate swaps 12,825 12,825 — 12,825 — Liabilities: Non-interest-bearing deposits $ 1,630,203 $ 1,630,203 $ — $ 1,630,203 $ — Interest-bearing deposits 3,864,201 3,505,990 — 3,505,990 — Subordinated debentures 145,027 133,816 — — 133,816 FHLB and other borrowings 130,100 130,100 — 130,100 — Accrued interest payable 3,324 3,324 — 3,324 — Interest rate swaps 12,825 12,825 — 12,825 —
Schedule of Assets Measured at Fair Value on a Recurring Basis	Assets measured at fair value on a recurring basis are summarized below: June 30, 2023 ($ in thousands) Fair Value Fair Value Measurements Using Quoted Prices in Significant Other Significant Assets: Available-for-sale U.S. Treasury $ 124,616 $ 124,616 $ — $ — Obligations of U.S. Government agencies and sponsored entities 132,738 — 132,738 — Municipal securities 447,901 — 426,880 21,021 Mortgage-backed securities 455,979 — 455,979 — Corporate obligations 37,869 — 37,838 31 Total available-for-sale $ 1,199,103 $ 124,616 $ 1,053,435 $ 21,052 Loans held for sale $ 6,602 $ — $ 6,602 $ — Interest rate swaps $ 12,469 $ — $ 12,469 $ — Liabilities Interest rate swaps $ 12,469 $ — $ 12,469 $ — December 31, 2022 ($ in thousands) Fair Value Fair Value Measurements Using Quoted Prices in Significant Other Significant Available-for-sale U.S. Treasury $ 123,854 $ 123,854 $ — $ — Obligations of U.S. Government agencies and sponsored entities 144,369 — 144,369 — Municipal securities 457,857 — 442,740 15,117 Mortgage-backed securities 490,139 — 490,139 — Corporate obligations 40,882 — 40,851 31 Total available-for-sale $ 1,257,101 $ 123,854 $ 1,118,099 $ 15,148 Loans held for sale $ 4,443 $ — $ 4,443 $ — Interest rate swaps $ 12,825 $ — $ 12,825 $ — Liabilities: Interest rate swaps $ 12,825 $ — $ 12,825 $ —
Schedule of Reconciliation of Activity for Assets Measured at Fair Value Based on Significant Unobservable Inputs (Level 3)	The following is a reconciliation of activity for assets measured at fair value based on significant unobservable inputs (Level 3) information. Bank-Issued Trust ($ in thousands) 2023 2022 Balance, January 1 $ 31 $ 43 Paydowns — (11) Balance at June 30 $ 31 $ 32 Municipal Securities ($ in thousands) 2023 2022 Balance, January 1 $ 15,117 $ 20,123 Purchases — — Maturities, calls and paydowns (236) (236) Transfer from level 2 to level 3 6,085 — Unrealized gain (loss) included in comprehensive income 55 (1,630) Balance at June 30 $ 21,021 $ 18,257
Schedule of Quantitative Information About Recurring Level 3 Fair Value Measurements	The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a recurring basis at June 30, 2023 and December 31, 2022. The following tables present quantitative information about recurring Level 3 fair value measurements ($ in thousands): Trust Preferred Securities Fair Value Valuation Technique Significant Unobservable Range of Inputs June 30, 2023 $ 31 Discounted cash flow Probability of default 7.69% - 7.76% December 31, 2022 $ 31 Discounted cash flow Probability of default 6.98% - 7.19% Municipal Securities Fair Value Valuation Technique Significant Range of Inputs June 30, 2023 $ 21,021 Discounted cash flow Discount Rate 3.65% - 5.61% December 31, 2022 $ 15,117 Discounted cash flow Discount Rate 3.00% - 4.00%
Schedule of Fair Value Measurement of Assets Measured at Fair Value on a Non-Recurring Basis and the Level Within the Fair Value Hierarchy	The following table presents the fair value measurement of assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements were classified at June 30, 2023 and December 31, 2022. June 30, 2023 ($ in thousands) Fair Value Measurements Using Fair Value Quoted Prices in Significant Significant Collateral dependent loans $ 6,740 $ — $ — $ 6,740 Other real estate owned 5,588 — — 5,588 December 31, 2022 ($ in thousands) Fair Value Measurements Using Fair Value Quoted Prices in Significant Significant Collateral dependent loans $ 5,552 $ — $ — $ 5,552 Other real estate owned 4,832 — — 4,832

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2023
SECURITIES
Schedule of Amortized Costs, Gross Unrealized Gains and Losses, and Estimated Fair Values	The following table summarizes the amortized cost, gross unrealized gains and losses, and estimated fair values of securities available-for-sale (“AFS”) and securities held-to-maturity at June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 Amortized Gross Gross Estimated Available-for-sale securities: U.S. Treasury $ 135,683 $ — $ 11,067 $ 124,616 Obligations of U.S. government agencies and sponsored entities 152,520 1 19,783 132,738 Tax-exempt and taxable obligations of states and municipal subdivisions 505,231 430 57,760 447,901 Mortgage-backed securities - residential 319,417 3 40,622 278,798 Mortgage-backed securities - commercial 201,601 51 24,471 177,181 Corporate obligations 42,244 — 4,375 37,869 Total available-for-sale $ 1,356,696 $ 485 $ 158,078 $ 1,199,103 Held-to-maturity: U.S. Treasury $ 89,687 $ — $ 4,648 $ 85,039 Obligations of U.S. government agencies and sponsored entities 33,681 — 2,383 31,298 Tax-exempt and taxable obligations of states and municipal subdivisions 247,126 6,330 15,968 237,488 Mortgage-backed securities - residential 148,859 — 16,902 131,957 Mortgage-backed securities - commercial 134,120 — 14,016 120,104 Corporate obligations 10,000 — 2,055 7,945 Total held-to-maturity $ 663,473 $ 6,330 $ 55,972 $ 613,831 ($ in thousands) December 31, 2022 Amortized Gross Gross Estimated Available-for-sale securities: U.S. Treasury $ 135,752 $ — $ 11,898 $ 123,854 Obligations of U.S. government agencies sponsored entities 163,054 3 18,688 144,369 Tax-exempt and taxable obligations of states and municipal subdivisions 519,190 598 61,931 457,857 Mortgage-backed securities - residential 341,272 11 42,041 299,242 Mortgage-backed securities - commercial 215,200 60 24,363 190,897 Corporate obligations 43,869 — 2,987 40,882 Total available-for-sale $ 1,418,337 $ 672 $ 161,908 $ 1,257,101 Held-to-maturity: U.S. Treasury $ 109,631 $ — $ 5,175 $ 104,456 Obligations of U.S. government agencies and sponsored entities 33,789 — 2,153 31,636 Tax-exempt and taxable obligations of states and municipal subdivisions 247,467 4,525 13,699 238,293 Mortgage-backed securities - residential 156,119 — 17,479 138,640 Mortgage-backed securities - commercial 134,478 7 13,798 120,687 Corporate obligations 10,000 — 1,615 8,385 Total held-to-maturity $ 691,484 $ 4,532 $ 53,919 $ 642,097
Schedule of Credit Quality Debt Securities Held-to-Maturity	The following table summarizes the amortized cost of debt securities held-to-maturity at June 30, 2023 and December 31, 2022, aggregated by credit quality indicators. ($ in thousands) June 30, 2023 December 31, 2022 Aaa $ 440,152 $ 467,736 Aa1/Aa2/Aa3 137,533 110,854 A1/A2 33,349 13,757 BBB 10,000 10,000 Not rated 42,439 89,137 Total $ 663,473 $ 691,484
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	($ in thousands) June 30, 2023 Amortized Fair Available-for-sale: Due less than one year $ 62,185 $ 61,053 Due after one year through five years 265,117 246,185 Due after five years through ten years 334,035 289,647 Due greater than ten years 174,341 146,239 Mortgage-backed securities - residential 319,417 278,798 Mortgage-backed securities - commercial 201,601 177,181 Total $ 1,356,696 $ 1,199,103 Held-to-maturity: Due less than one year $ 38,491 $ 37,396 Due after one year through five years 72,423 68,056 Due after five years through ten years 52,315 47,359 Due greater than ten years 217,265 208,959 Mortgage-backed securities - residential 148,859 131,957 Mortgage-backed securities - commercial 134,120 120,104 Total $ 663,473 $ 613,831
Schedule of Securities Classified as Available-for-Sale and Held-to-Maturity with Unrealized Losses	The following table summarizes securities in an unrealized loss position for which an allowance for credit losses has not been recorded at June 30, 2023 and December 31, 2022. The securities are aggregated by major security type and length of time in a continuous unrealized loss position: ($ in thousands) June 30, 2023 Losses < 12 Months Losses 12 Months or > Total Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury $ — $ — $ 124,616 $ 11,067 $ 124,616 $ 11,067 Obligations of U.S. government agencies and sponsored entities 1,031 38 131,338 19,745 132,369 19,783 Tax-exempt and taxable obligations of state and municipal subdivisions 47,332 2,055 378,121 55,705 425,453 57,760 Mortgage-backed securities - residential 9,805 423 268,497 40,199 278,302 40,622 Mortgage-backed securities - commercial 5,067 333 167,716 24,138 172,783 24,471 Corporate obligations 8,323 1,177 29,547 3,198 37,870 4,375 Total $ 71,558 $ 4,026 $ 1,099,835 $ 154,052 $ 1,171,393 $ 158,078 Held-to-maturity: U.S. Treasury $ — $ — $ 85,039 $ 4,648 $ 85,039 $ 4,648 Obligations of U.S. government agencies and sponsored entities 736 — 30,561 2,383 31,297 2,383 Tax-exempt and taxable obligations of state and municipal subdivisions 44,551 4,276 67,739 11,692 112,290 15,968 Mortgage-backed securities - residential — — 131,957 16,902 131,957 16,902 Mortgage-backed securities - commercial 25,217 1,829 94,887 12,187 120,104 14,016 Corporate obligations — — 7,945 2,055 7,945 2,055 Total $ 70,504 $ 6,105 $ 418,128 $ 49,867 $ 488,632 $ 55,972 ($ in thousands) December 31, 2022 Losses < 12 Months Losses 12 Months or > Total Fair Gross Fair Gross Fair Gross Available-for-sale: U.S. Treasury $ 4,563 $ 419 $ 119,292 $ 11,479 $ 123,855 $ 11,898 Obligations of U.S. government agencies and sponsored entities 34,254 2,293 109,431 16,395 143,685 18,688 Tax-exempt and taxable obligations of state and municipal subdivisions 275,202 31,152 159,508 30,779 434,710 61,931 Mortgage-backed securities - residential 76,125 4,970 222,274 37,071 298,399 42,041 Mortgage-backed securities - commercial 50,193 3,025 136,062 21,338 186,255 24,363 Corporate obligations 35,142 1,995 5,739 992 40,881 2,987 Total $ 475,479 $ 43,854 $ 752,306 $ 118,054 $ 1,227,785 $ 161,908 Held-to-maturity: U.S. Treasury $ 104,457 $ 5,175 $ — $ — $ 104,457 $ 5,175 Obligations of U.S. government agencies and sponsored entities 31,636 2,153 — — 31,636 2,153 Tax-exempt and taxable obligations of state and municipal subdivisions 127,628 13,583 15,303 116 142,931 13,699 Mortgage-backed securities - residential 138,639 17,479 — — 138,639 17,479 Mortgage-backed securities - commercial 119,758 13,798 — — 119,758 13,798 Corporate obligations 8,385 1,615 — — 8,385 1,615 Total $ 530,503 $ 53,803 $ 15,303 $ 116 $ 545,806 $ 53,919

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Schedule of Composition of Loan Portfolio	The following table shows the composition of the loan portfolio: ($ in thousands) June 30, 2023 December 31, 2022 Loans held for sale Mortgage loans held for sale $ 6,602 $ 4,443 Total LHFS $ 6,602 $ 4,443 Loans held for investment Commercial, financial and agriculture (1) $ 790,295 $ 536,192 Commercial real estate 2,915,886 2,135,263 Consumer real estate 1,249,295 1,058,999 Consumer installment 55,449 43,703 Total loans 5,010,925 3,774,157 Less allowance for credit losses (52,614) (38,917) Net LHFI $ 4,958,311 $ 3,735,240 ____________________________________________________________ (1) Loan balance includes $514 thousand and $710 thousand in Paycheck Protection Program (“PPP”) loans as of June 30, 2023 and December 31, 2022, respectively.
Schedule of Company's Loans that are Past Due and Nonaccrual Loans Including PCD Loans	The following tables present the aging of the amortized cost basis in past due loans in addition to those loans classified as nonaccrual including purchase credit deteriorated (“PCD”) loans: ($ in thousands) June 30, 2023 Past Due Past Due Nonaccrual PCD Total Total Nonaccrual Commercial, financial and agriculture (1) $ 1,549 $ — $ 221 $ 1,066 $ 2,836 $ 790,295 $ 172 Commercial real estate 1,278 — 9,196 793 11,267 2,915,886 5,030 Consumer real estate 1,899 — 3,324 1,419 6,642 1,249,295 1,456 Consumer installment 177 — 18 — 195 55,449 — Total $ 4,903 $ — $ 12,759 $ 3,278 $ 20,940 $ 5,010,925 $ 6,658 ___________________________________________________________ (1) Total loan balance includes $514 thousand in PPP loans as of June 30, 2023. December 31, 2022 ($ in thousands) Past Due Past Due 90 Nonaccrual PCD Total Total Nonaccrual Commercial, financial and agriculture (1) $ 220 $ — $ 19 $ — $ 239 $ 536,192 $ — Commercial real estate 1,984 — 7,445 1,129 10,558 2,135,263 4,560 Consumer real estate 3,386 289 2,965 1,032 7,672 1,058,999 791 Consumer installment 173 — 1 — 174 43,703 — Total $ 5,763 $ 289 $ 10,430 $ 2,161 $ 18,643 $ 3,774,157 $ 5,351 ___________________________________________________________ (1) Total loan balance includes $710 thousand in PPP loans as of December 31, 2022.
Summary of Carrying Amount of Loans Acquired in Business Combination with more than Insignificant Deterioration of Credit Quality since Origination	The following table shows the carrying amount of loans acquired in the BBI and HSBI acquisitions for which there was, at the date of acquisition, more than insignificant deterioration of credit quality since origination: ($ in thousands) BBI HSBI Purchase price of loans at acquisition $ 27,669 $ 52,356 Allowance for credit losses at acquisition 1,303 3,176 Non-credit discount (premium) at acquisition 530 2,325 Par value of acquired loans at acquisition $ 29,502 $ 57,857
Schedule of Troubled Debt Restructurings	The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below: ($ in thousands) Payment Modification Percentage of Total Loans Held for Investment Consumer real estate $ 60 — % Total $ 60 — % The following table presents LHFI by class modified as TDRs that occurred during the three and six months ended June 30, 2022. ($ in thousands, except for number of loans) Three Months Ended June 30, 2022 Number of Outstanding Outstanding Commercial, financial and agriculture 1 $ 15 $ 15 Total 1 $ 15 $ 15 The TDRs presented above increased the ACL $0 and resulted in no charge-offs for the three months period ended June 30, 2022. ($ in thousands, except for number of loans) Six Months Ended June 30, 2022 Number of Outstanding Outstanding Commercial, financial and agriculture 1 $ 15 $ 15 Total 1 $ 15 $ 15 The TDRs presented above increased the ACL $0 and resulted in no charge-offs for the six months period ended June 30, 2022. The following table presents loans by class modified as TDRs for which there was a payment default within twelve months following the modification. ($ in thousands, except for number of loans) Six Months Ended June 30, Troubled Debt Restructurings That Subsequently Defaulted: 2022 Number of Recorded Commercial real estate 3 $ 4,562 Consumer real estate 3 133 Total 6 $ 4,695 The modifications described above included one of the following or a combination of the following: maturity date extensions, interest only payments, amortizations were extended beyond what would be available on similar type loans, and payment waiver. No interest rate concessions were given on these loans nor were any of these loans written down. A loan is considered to be in a payment default once it is 30 days contractually past due under the modified terms. The TDRs presented above increased the ACL $1.5 million and resulted in no charge-offs for the six months period ended June 30, 2022. The following tables represents the Company’s TDRs at December 31, 2022: December 31, 2022 Current Past Due Past Due 90 Nonaccrual Total ($ in thousands) Commercial, financial and agriculture $ 49 $ — $ — $ — $ 49 Commercial real estate 13,561 — — 6,121 19,682 Consumer real estate 1,077 — — 929 2,006 Consumer installment 14 — — — 14 Total $ 14,701 $ — $ — $ 7,050 $ 21,751 Allowance for credit losses $ 350 $ — $ — $ 491 $ 841
Collateral Dependent Loans Evaluated by Class	The following table presents the amortized cost basis of collateral dependent individually evaluated loans by class of loans as of June 30, 2023 and December 31, 2022: June 30, 2023 ($ in thousands) Real Property Miscellaneous Total Commercial, financial and agriculture $ — $ 172 $ 172 Commercial real estate 5,030 — 5,030 Consumer real estate 1,574 — 1,574 Total $ 6,604 $ 172 $ 6,776 December 31, 2022 ($ in thousands) Real Property Total Commercial real estate $ 4,560 $ 4,560 Consumer real estate 998 998 Total $ 5,558 $ 5,558
Schedule of Amortized Cost Basis of Loans by Credit Quality Indicator and Class of Loans Based on the Most Recent Analysis Performed and Risk Category of Loans by Class of Loans	The tables below present the amortized cost basis of loans by credit quality indicator and class of loans based on the most recent analysis performed at June 30, 2023 and December 31, 2022. Revolving loans converted to term as of the six months ended June 30, 2023 and December 31, 2022 were not material to the total loan portfolio. As of June 30, 2023 Term Loans Amortized Cost Basis by Origination Year Revolving Total ($ in thousands) 2023 2022 2021 2020 2019 Prior Commercial, financial and agriculture: Risk Rating Pass $ 63,198 $ 153,935 $ 119,982 $ 55,578 $ 42,981 $ 74,566 $ 274,501 $ 784,741 Special mention — — — 179 1,199 1,473 127 2,978 Substandard 58 427 163 317 638 948 25 2,576 Doubtful — — — — — — — — Total commercial, financial and agriculture $ 63,256 $ 154,362 $ 120,145 $ 56,074 $ 44,818 $ 76,987 $ 274,653 $ 790,295 Current period gross write offs $ — $ 11 $ 95 $ 2 $ 206 $ 110 $ — $ 424 Commercial real estate: Risk Rating Pass $ 115,044 $ 801,165 $ 591,882 $ 397,524 $ 278,946 $ 619,859 $ 3,546 $ 2,807,966 Special mention — 681 10,427 3,263 10,434 18,817 — 43,622 Substandard — 6,981 3,389 838 5,334 47,756 — 64,298 Doubtful — — — — — — — — Total commercial real estate $ 115,044 $ 808,827 $ 605,698 $ 401,625 $ 294,714 $ 686,432 $ 3,546 $ 2,915,886 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — Consumer real estate: Risk Rating Pass $ 87,387 $ 369,865 $ 236,851 $ 139,610 $ 64,194 $ 182,654 $ 149,200 $ 1,229,761 Special mention — 76 — — 90 4,126 2,027 6,319 Substandard — 119 527 1,647 763 8,902 1,257 13,215 Doubtful — — — — — — — — Total consumer real estate $ 87,387 $ 370,060 $ 237,378 $ 141,257 $ 65,047 $ 195,682 $ 152,484 $ 1,249,295 Current period gross write offs $ — $ 21 $ — $ — $ — $ 3 $ — $ 24 Consumer installment: Risk Rating Pass $ 13,765 $ 17,183 $ 9,991 $ 4,416 $ 1,940 $ 1,618 $ 6,444 $ 55,357 Special mention — — — 1 — — — 1 Substandard — 9 19 42 20 1 — 91 Doubtful — — — — — — — — Total consumer installment $ 13,765 $ 17,192 $ 10,010 $ 4,459 $ 1,960 $ 1,619 $ 6,444 $ 55,449 Current period gross write offs $ 47 $ 370 $ 131 $ 128 $ 66 $ 243 $ 33 $ 1,018 Total Pass $ 279,394 $ 1,342,148 $ 958,706 $ 597,128 $ 388,061 $ 878,697 $ 433,691 $ 4,877,825 Special mention — 757 10,427 3,443 11,723 24,416 2,154 52,920 Substandard 58 7,536 4,098 2,844 6,755 57,607 1,282 80,180 Doubtful — — — — — — — — Total $ 279,452 $ 1,350,441 $ 973,231 $ 603,415 $ 406,539 $ 960,720 $ 437,127 $ 5,010,925 Current period gross write offs $ 47 $ 402 $ 226 $ 130 $ 272 $ 356 $ 33 $ 1,466 As of December 31, 2022 Term Loans Amortized Cost Basis by Origination Year Revolving Total ($ in thousands) 2022 2021 2020 2019 2018 Prior Commercial, financial and: agriculture Risk Rating Pass $ 181,761 $ 141,174 $ 55,690 $ 53,954 $ 43,441 $ 52,038 $ 181 $ 528,239 Special mention 380 5,188 1,664 — — 412 — 7,644 Substandard 50 — — 34 33 192 — 309 Doubtful — — — — — — — — Total commercial, financial and agriculture $ 182,191 $ 146,362 $ 57,354 $ 53,988 $ 43,474 $ 52,642 $ 181 $ 536,192 Commercial real estate: Risk Rating Pass $ 582,895 $ 436,661 $ 305,140 $ 217,626 $ 140,682 $ 368,185 $ 1,765 $ 2,052,954 Special mention 672 1,345 3,938 11,643 9,885 16,612 — 44,095 Substandard 50 2,830 908 1,694 4,797 27,935 — 38,214 Doubtful — — — — — — — — Total commercial real estate $ 583,617 $ 440,836 $ 309,986 $ 230,963 $ 155,364 $ 412,732 $ 1,765 $ 2,135,263 Consumer real estate: Risk Rating Pass $ 325,853 $ 226,355 $ 136,052 $ 59,376 $ 51,515 $ 129,923 $ 112,278 $ 1,041,352 Special mention — — — — 823 3,846 — 4,669 Substandard 519 554 1,481 648 1,706 6,894 1,176 12,978 Doubtful — — — — — — — — Total consumer real estate $ 326,372 $ 226,909 $ 137,533 $ 60,024 $ 54,044 $ 140,663 $ 113,454 $ 1,058,999 Consumer installment: Risk Rating Pass $ 18,925 $ 11,618 $ 5,031 $ 2,078 $ 832 $ 1,445 $ 3,725 $ 43,654 Special mention — — — — — — — — Substandard 4 13 24 — 3 5 — 49 Doubtful — — — — — — — — Total consumer installment $ 18,929 $ 11,631 $ 5,055 $ 2,078 $ 835 $ 1,450 $ 3,725 $ 43,703 Total Pass $ 1,109,434 $ 815,808 $ 501,913 $ 333,034 $ 236,470 $ 551,591 $ 117,949 $ 3,666,199 Special mention 1,052 6,533 5,602 11,643 10,708 20,870 — 56,408 Substandard 623 3,397 2,413 2,376 6,539 35,026 1,176 51,550 Doubtful — — — — — — — — Total $ 1,111,109 $ 825,738 $ 509,928 $ 347,053 $ 253,717 $ 607,487 $ 119,125 $ 3,774,157
Financing Receivable, Allowance for Credit Loss	The following table presents the activity in the allowance for credit losses by portfolio segment for the three months ended June 30, 2023 and 2022: ($ in thousands) Three Months Ended June 30, 2023 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 9,443 $ 28,052 $ 14,201 $ 754 $ 52,450 Provision for credit losses (64) 603 (118) 579 1,000 Loans charged-off (421) — (24) (681) (1,126) Recoveries 14 71 64 141 290 Total ending allowance balance $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) Six Months Ended June 30, 2023 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 6,349 $ 20,389 $ 11,599 $ 580 $ 38,917 Initial allowance on PCD loans 727 2,260 182 7 3,176 Provision for credit losses 2,263 5,991 2,284 962 11,500 Loans charged-off (424) — (24) (1,018) (1,466) Recoveries 57 86 82 262 487 Total ending allowance balance $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) Three Months Ended June 30, 2022 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 4,874 $ 17,773 $ 8,492 $ 481 $ 31,620 Provision for credit losses (313) 629 62 72 450 Loans charged-off (94) (24) (140) (168) (426) Recoveries 44 290 338 84 756 Total ending allowance balance $ 4,511 $ 18,668 $ 8,752 $ 469 $ 32,400 ($ in thousands) Six Months Ended June 30, 2022 Commercial, Commercial Consumer Consumer Total Allowance for credit losses: Beginning balance $ 4,873 $ 17,552 $ 7,889 $ 428 $ 30,742 Provision for credit losses (313) 629 62 72 450 Loans charged-off (146) (27) (147) (337) (657) Recoveries 97 514 948 306 1,865 Total ending allowance balance $ 4,511 $ 18,668 $ 8,752 $ 469 $ 32,400 The Company recorded a $11.5 million provision for credit losses for the six months ended June 30, 2023, compared to $450 thousand provision for the same period in 2022. The initial ACL on PCD loans recorded in March 2023, of $3.2 million was related to the HSBI acquisition. The 2023 provision for credit losses includes $10.7 million associated with day one post-merger accounting provision recorded for non-PCD loans and unfunded commitments acquired in the HSBI merger. The Company recorded a $1.0 million provision for credit losses for the three months ended June 30, 2023, compared to $450 thousand provision for the same periods in 2022. The increase in the provision for the three months ended June 30, 2023 is attributed to loan growth. The following table provides the ending balance in the Company’s LHFI and the ACL, broken down by portfolio segment as of June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 Commercial, Commercial Consumer Consumer Total LHFI Individually evaluated $ 172 $ 5,030 $ 1,574 $ — $ 6,776 Collectively evaluated 790,123 2,910,856 1,247,721 55,449 5,004,149 Total $ 790,295 $ 2,915,886 $ 1,249,295 $ 55,449 $ 5,010,925 Allowance for Credit Losses Individually evaluated $ — $ — $ 36 $ — $ 36 Collectively evaluated 8,972 28,726 14,087 793 52,578 Total $ 8,972 $ 28,726 $ 14,123 $ 793 $ 52,614 ($ in thousands) December 31, 2022 Commercial, Commercial Consumer Consumer Total LHFI Individually evaluated $ — $ 4,560 $ 998 $ — $ 5,558 Collectively evaluated 536,192 2,130,703 1,058,001 43,703 3,768,599 Total $ 536,192 $ 2,135,263 $ 1,058,999 $ 43,703 $ 3,774,157 Allowance for Credit Losses Individually evaluated $ — $ — $ 5 $ — $ 5 Collectively evaluated 6,349 20,389 11,594 580 38,912 Total $ 6,349 $ 20,389 $ 11,599 $ 580 $ 38,917

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table provides outstanding interest rate swaps as of June 30, 2023 and December 31, 2022. ($ in thousands) June 30, 2023 December 31, 2022 Notional amount $ 361,749 $ 328,756 Weighted average pay rate 4.5 % 4.6 % Weighted average receive rate 4.5 % 4.3 % Weighted average maturity in years 5.77 6.11
Schedule of Derivative Liabilities at Fair Value	The following table provides the fair value of interest rate swap contracts at June 30, 2023 and December 31, 2022 included in other assets and other liabilities. ($ in thousands) June 30, 2023 December 31, 2022 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Interest rate swap contracts $ 12,469 $ 12,469 12,825 $ 12,825
Schedule of Derivative Assets at Fair Value	The following table provides the fair value of interest rate swap contracts at June 30, 2023 and December 31, 2022 included in other assets and other liabilities. ($ in thousands) June 30, 2023 December 31, 2022 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities Interest rate swap contracts $ 12,469 $ 12,469 12,825 $ 12,825

SUMMARY OF ORGANIZATION - Addit

SUMMARY OF ORGANIZATION - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended				6 Months Ended
	May 25, 2023	Feb. 24, 2023	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
SUMMARY OF ORGANIZATION
Total assets			$ 7,862,108				$ 7,862,108		$ 6,461,717
Loans, excluding loans held for sale							4,958,000
Deposits			6,492,267				6,492,267		5,494,404
Stockholders' equity			899,446	$ 896,427	$ 560,452	$ 590,440	899,446	$ 560,452	$ 646,663	$ 676,172
Net income			$ 23,779	$ 16,271	$ 15,753	$ 16,829	$ 40,050	$ 32,582
Dividends on common stock, per share (in dollars per share)	$ 0.22	$ 0.21

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) - USD ($) $ in Thousands			3 Months Ended	6 Months Ended
	Jan. 01, 2023	Aug. 01, 2022	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
BUSINESS COMBINATIONS
Goodwill			$ 272,522	$ 272,522		$ 180,254
Provision for credit loss				12,250	$ 600
Heritage Southeast Bank
BUSINESS COMBINATIONS
Entity shares issued per acquiree share (in shares)	0.965
Purchase price	$ 221,538
Business acquisition, equity interest issued or issuable, number of shares (in shares)	6,920,422
Cash received in lieu of fractional shares	$ 16
Goodwill	92,077
Core deposit intangible	43,739
Provision for credit loss	3,200
Business combination, acquisition related costs			3,000	4,200
Heritage Southeast Bank | Core Deposits
BUSINESS COMBINATIONS
Core deposit intangible	$ 43,700
Acquired finite-lived intangible assets, weighted average useful life	10 years
Beach Bancorp
BUSINESS COMBINATIONS
Entity shares issued per acquiree share (in shares)		0.1711
Purchase price		$ 101,470
Business acquisition, equity interest issued or issuable, number of shares (in shares)		3,498,936
Cash received in lieu of fractional shares		$ 1
Goodwill		23,503
Core deposit intangible		9,791
Provision for credit loss		$ 1,300
Business combination, acquisition related costs			$ 471	$ 1,300
Assumed options, additional shares		310,427
Beach Bancorp | Core Deposits
BUSINESS COMBINATIONS
Acquired finite-lived intangible assets, weighted average useful life		10 years

BUSINESS COMBINATIONS - Schedul

BUSINESS COMBINATIONS - Schedule of Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jan. 01, 2023	Aug. 01, 2022	Jun. 30, 2023	Dec. 31, 2022
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Goodwill			$ 272,522	$ 180,254
Heritage Southeast Bank
Business Combination, Consideration Transferred [Abstract]
Cash and stock	$ 221,538
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Cash	106,973
Investments	172,775
Loans	1,155,712
Other real estate	857
Bank owned life insurance	35,579
Core deposit intangible	43,739
Personal and real property	35,963
Deferred tax asset	6,129
Other assets	3,103
Interest receivable	4,349
Total assets	1,565,179
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Deposits	1,392,432
Borrowings	9,015
Other liabilities	34,271
Total liabilities	1,435,718
Net assets acquired	129,461
Goodwill	$ 92,077
Beach Bancorp
Business Combination, Consideration Transferred [Abstract]
Cash and stock		$ 101,470
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]
Cash		23,939
Investments		22,643
Loans		485,171
Other real estate		8,429
Bank owned life insurance		10,092
Core deposit intangible		9,791
Personal and real property		11,895
Deferred tax asset		27,135
Other assets		9,235
Total assets		608,330
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]
Deposits		490,591
Borrowings		25,000
Other liabilities		14,772
Total liabilities		530,363
Net assets acquired		77,967
Goodwill		$ 23,503

BUSINESS COMBINATIONS - Busines

BUSINESS COMBINATIONS - Business Acquisition, Pro Forma Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
BUSINESS COMBINATIONS
Total revenue	$ 155,991	$ 122,941
Income before income taxes	59,066	61,621
Net interest income
BUSINESS COMBINATIONS
Total revenue	130,956	90,701
Non-interest income
BUSINESS COMBINATIONS
Total revenue	$ 25,035	$ 32,240

EARNINGS APPLICABLE TO COMMON_3

EARNINGS APPLICABLE TO COMMON SHAREHOLDERS - Narrative (Details) - shares	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	0		0		0	0
Shares of restricted stock granted	45,773	118,689	47,827	82,123

EARNINGS APPLICABLE TO COMMON_4

EARNINGS APPLICABLE TO COMMON SHAREHOLDERS - Earnings Available to Common Stockholders (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net income available to common stockholders, basic	$ 23,779	$ 15,753	$ 40,050	$ 32,582
Net income available to common stockholders, diluted	$ 23,779	$ 15,753	$ 40,050	$ 32,582
Effect of dilutive shares:
Weighted average number of shares outstanding, basic (in shares)	31,378,364	20,507,451	31,343,911	20,602,698
Restricted stock grants (in shares)	213,301	108,477	205,828	122,847
Weighted average number of shares outstanding, diluted (in shares)	31,591,665	20,615,928	31,549,739	20,725,545
Basic earnings per share (in dollars per share)	$ 0.76	$ 0.77	$ 1.28	$ 1.58
Diluted earnings per share (in dollars per share)	$ 0.75	$ 0.76	$ 1.27	$ 1.57

FINANCIAL INSTRUMENTS WITH OF_3

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK - Schedule of Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fixed Rate
Financial instruments with off-balance-sheet risk
Commitments to make loans	$ 74,312	$ 43,227
Unused lines of credit	302,087	243,043
Standby letters of credit	16,584	4,260
Variable Rate
Financial instruments with off-balance-sheet risk
Commitments to make loans	53,495	15,758
Unused lines of credit	691,746	404,025
Standby letters of credit	$ 11,122	$ 9,909

FINANCIAL INSTRUMENTS WITH OF_4

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK - Additional Information (Details) - Off balance sheet risk	6 Months Ended
	Jun. 30, 2023
Minimum
Concentration Risk [Line Items]
Debt instrument, interest rate, stated percentage	1%
Debt instrument, term	1 year
Maximum
Concentration Risk [Line Items]
Debt instrument, interest rate, stated percentage	18%
Debt instrument, term	30 years

FINANCIAL INSTRUMENTS WITH OF_5

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK - Changes in the ACL on OBSC Exposures (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Balance at beginning of period	$ 1,825	$ 1,070	$ 1,325	$ 1,070
Credit loss expense related to OBSC exposures	250	150	750	150
Balance at end of period	$ 2,075	$ 1,220	$ 2,075	$ 1,220

FAIR VALUE DISCLOSURES AND RE_3

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Narrative (Details)	Jun. 30, 2023
Measurement Input, Discount Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans and other real estate owned	10

FAIR VALUE DISCLOSURES AND RE_4

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Fair Values of Off-Balance Sheet Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets:
Cash and cash equivalents	$ 194,050	$ 145,315
Securities available-for-sale	1,199,103	1,257,101
Loans held for sale	6,602	4,443
Securities held-to-maturity	613,831	642,097
Net loans held for investment	4,958,311	3,735,240
Accrued interest receivable	30,837	27,723
Liabilities:
Noninterest-bearing	2,086,666	1,630,203
Interest-bearing deposits	4,405,601	3,864,201
Subordinated debentures	128,214	145,027
Accrued interest payable	7,968	3,324
Quoted Prices (Level 1)
Assets:
Cash and cash equivalents	194,050	145,315
Securities available-for-sale	124,616	123,854
Loans held for sale	0	0
Securities held-to-maturity	0	0
Net loans held for investment	0	0
Accrued interest receivable	0	0
Liabilities:
Noninterest-bearing	0	0
Interest-bearing deposits	0	0
Subordinated debentures	0	0
FHLB and other borrowings	0	0
Accrued interest payable	0	0
Significant Other Observable Inputs (Level 2)
Assets:
Cash and cash equivalents	0	0
Securities available-for-sale	1,053,435	1,118,099
Loans held for sale	6,602	4,443
Securities held-to-maturity	613,831	642,097
Net loans held for investment	0	0
Accrued interest receivable	8,957	9,757
Liabilities:
Noninterest-bearing	2,086,666	1,630,203
Interest-bearing deposits	4,151,398	3,505,990
Subordinated debentures	0	0
FHLB and other borrowings	280,000	130,100
Accrued interest payable	7,968	3,324
Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents	0	0
Securities available-for-sale	21,052	15,148
Loans held for sale	0	0
Securities held-to-maturity	0	0
Net loans held for investment	4,795,956	3,681,313
Accrued interest receivable	21,880	17,966
Liabilities:
Noninterest-bearing	0	0
Interest-bearing deposits	0	0
Subordinated debentures	106,361	133,816
FHLB and other borrowings	0	0
Accrued interest payable	0	0
Carrying Amount
Assets:
Cash and cash equivalents	194,050	145,315
Securities available-for-sale	1,199,103	1,257,101
Loans held for sale	6,602	4,443
Securities held-to-maturity	663,473	691,484
Net loans held for investment	4,958,311	3,735,240
Accrued interest receivable	30,837	27,723
Liabilities:
Noninterest-bearing	2,086,666	1,630,203
Interest-bearing deposits	4,405,601	3,864,201
Subordinated debentures	128,214	145,027
FHLB and other borrowings	280,000	130,100
Accrued interest payable	7,968	3,324
Estimated Fair Value
Assets:
Cash and cash equivalents	194,050	145,315
Securities available-for-sale	1,199,103	1,257,101
Loans held for sale	6,602	4,443
Securities held-to-maturity	613,831	642,097
Net loans held for investment	4,795,956	3,681,313
Accrued interest receivable	30,837	27,723
Liabilities:
Noninterest-bearing	2,086,666	1,630,203
Interest-bearing deposits	4,151,398	3,505,990
Subordinated debentures	106,361	133,816
FHLB and other borrowings	280,000	130,100
Accrued interest payable	7,968	3,324
Interest rate swap contracts
Assets:
Interest rate swaps	12,469	12,825
Liabilities:
Interest rate swaps	12,469	12,825
Interest rate swap contracts | Quoted Prices (Level 1)
Assets:
Interest rate swaps	0	0
Liabilities:
Interest rate swaps	0	0
Interest rate swap contracts | Significant Other Observable Inputs (Level 2)
Assets:
Interest rate swaps	12,469	12,825
Liabilities:
Interest rate swaps	12,469	12,825
Interest rate swap contracts | Significant Unobservable Inputs (Level 3)
Assets:
Interest rate swaps	0	0
Liabilities:
Interest rate swaps	0	0
Interest rate swap contracts | Carrying Amount
Assets:
Interest rate swaps	12,469	12,825
Liabilities:
Interest rate swaps	12,469	12,825
Interest rate swap contracts | Estimated Fair Value
Assets:
Interest rate swaps	12,469	12,825
Liabilities:
Interest rate swaps	$ 12,469	$ 12,825

FAIR VALUE DISCLOSURES AND RE_5

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	$ 1,199,103	$ 1,257,101
Loans held for sale	6,602	4,443
Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	12,469	12,825
Interest rate swaps	12,469	12,825
Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	1,199,103	1,257,101
Recurring basis | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	12,469	12,825
Interest rate swaps	12,469	12,825
U.S. Treasury | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	124,616	123,854
Obligations of U.S. Government agencies and sponsored entities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	132,738	144,369
Municipal securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	447,901	457,857
Mortgage-backed securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	455,979	490,139
Corporate obligations | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	37,869	40,882
Quoted Prices (Level 1)
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	124,616	123,854
Loans held for sale	0	0
Quoted Prices (Level 1) | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	0	0
Interest rate swaps	0	0
Quoted Prices (Level 1) | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	124,616	123,854
Quoted Prices (Level 1) | Recurring basis | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	0	0
Interest rate swaps	0	0
Quoted Prices (Level 1) | U.S. Treasury | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	124,616	123,854
Quoted Prices (Level 1) | Obligations of U.S. Government agencies and sponsored entities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Quoted Prices (Level 1) | Municipal securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Quoted Prices (Level 1) | Mortgage-backed securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Quoted Prices (Level 1) | Corporate obligations | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Significant Other Observable Inputs (Level 2)
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	1,053,435	1,118,099
Loans held for sale	6,602	4,443
Significant Other Observable Inputs (Level 2) | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	12,469	12,825
Interest rate swaps	12,469	12,825
Significant Other Observable Inputs (Level 2) | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	1,053,435	1,118,099
Significant Other Observable Inputs (Level 2) | Recurring basis | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	12,469	12,825
Interest rate swaps	12,469	12,825
Significant Other Observable Inputs (Level 2) | U.S. Treasury | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Significant Other Observable Inputs (Level 2) | Obligations of U.S. Government agencies and sponsored entities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	132,738	144,369
Significant Other Observable Inputs (Level 2) | Municipal securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	426,880	442,740
Significant Other Observable Inputs (Level 2) | Mortgage-backed securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	455,979	490,139
Significant Other Observable Inputs (Level 2) | Corporate obligations | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	37,838	40,851
Significant Unobservable Inputs (Level 3)
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	21,052	15,148
Loans held for sale	0	0
Significant Unobservable Inputs (Level 3) | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	0	0
Interest rate swaps	0	0
Significant Unobservable Inputs (Level 3) | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	21,052	15,148
Significant Unobservable Inputs (Level 3) | Recurring basis | Interest rate swap contracts
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Interest rate swaps	0	0
Interest rate swaps	0	0
Significant Unobservable Inputs (Level 3) | U.S. Treasury | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Obligations of U.S. Government agencies and sponsored entities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Municipal securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	21,021	15,117
Significant Unobservable Inputs (Level 3) | Mortgage-backed securities | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Corporate obligations | Recurring basis
Fair Value Assets and Liabilities Measured On Recurring Basis [Line Items]
Securities available-for-sale	$ 31	$ 31

FAIR VALUE DISCLOSURES AND RE_6

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Reconciliation of Activity for Assets Measured at Fair Value based on Significant Unobservable (Non-market) Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Bank-Issued Trust Preferred Securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance, January 1	$ 31	$ 43
Paydowns	0	(11)
Balance at June 30	31	32
Municipal securities
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance, January 1	15,117	20,123
Purchases	0	0
Maturities, calls and paydowns	(236)	(236)
Transfer from level 2 to level 3	6,085	0
Unrealized gain (loss) included in comprehensive income	55	(1,630)
Balance at June 30	$ 21,021	$ 18,257

FAIR VALUE DISCLOSURES AND RE_7

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Quantitative Information About Recurring Level 3 Fair Value Measurements (Details) $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Securities available-for-sale	$ 1,199,103	$ 1,257,101
Trust Preferred Securities | Valuation Technique, Discounted Cash Flow
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Securities available-for-sale	$ 31	$ 31
Trust Preferred Securities | Measurement Input, Default Rate | Valuation Technique, Discounted Cash Flow | Minimum
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Range of Inputs	0.0769	0.0698
Trust Preferred Securities | Measurement Input, Default Rate | Valuation Technique, Discounted Cash Flow | Maximum
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Range of Inputs	0.0776	0.0719
Municipal securities | Valuation Technique, Discounted Cash Flow
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Securities available-for-sale	$ 21,021	$ 15,117
Municipal securities | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow | Minimum
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Range of Inputs	0.0365	0.0300
Municipal securities | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow | Maximum
Quantitative Information About Recurring Fair Value Measurements [Line Items]
Range of Inputs	0.0561	0.0400

FAIR VALUE DISCLOSURES AND RE_8

FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Fair Value of Assets Measured on Nonrecurring Basis (Details) - Fair Value, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Collateral dependent loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 6,740	$ 5,552
Other real estate owned
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	5,588	4,832
Quoted Prices (Level 1) | Collateral dependent loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	0	0
Quoted Prices (Level 1) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	0	0
Significant Other Observable Inputs (Level 2) | Collateral dependent loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	0	0
Significant Other Observable Inputs (Level 2) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	0	0
Significant Unobservable Inputs (Level 3) | Collateral dependent loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	6,740	5,552
Significant Unobservable Inputs (Level 3) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 5,588	$ 4,832

SECURITIES - Summary of Amortiz

SECURITIES - Summary of Amortized Cost and Fair Value of Available-For-Sale Securities and Held-To-Maturity Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available-for-sale securities:
Amortized Cost	$ 1,356,696	$ 1,418,337
Gross Unrealized Gains	485	672
Gross Unrealized Losses	158,078	161,908
Securities available-for-sale	1,199,103	1,257,101
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	663,473	691,484
Gross Unrealized Gains	6,330	4,532
Gross Unrealized Losses	55,972	53,919
Estimated Fair Value	613,831	642,097
U.S. Treasury
Available-for-sale securities:
Amortized Cost	135,683	135,752
Gross Unrealized Gains	0	0
Gross Unrealized Losses	11,067	11,898
Securities available-for-sale	124,616	123,854
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	89,687	109,631
Gross Unrealized Gains	0	0
Gross Unrealized Losses	4,648	5,175
Estimated Fair Value	85,039	104,456
Obligations of U.S. government agencies and sponsored entities
Available-for-sale securities:
Amortized Cost	152,520	163,054
Gross Unrealized Gains	1	3
Gross Unrealized Losses	19,783	18,688
Securities available-for-sale	132,738	144,369
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	33,681	33,789
Gross Unrealized Gains	0	0
Gross Unrealized Losses	2,383	2,153
Estimated Fair Value	31,298	31,636
Tax-exempt and taxable obligations of states and municipal subdivisions
Available-for-sale securities:
Amortized Cost	505,231	519,190
Gross Unrealized Gains	430	598
Gross Unrealized Losses	57,760	61,931
Securities available-for-sale	447,901	457,857
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	247,126	247,467
Gross Unrealized Gains	6,330	4,525
Gross Unrealized Losses	15,968	13,699
Estimated Fair Value	237,488	238,293
Mortgage-backed securities - residential
Available-for-sale securities:
Amortized Cost	319,417	341,272
Gross Unrealized Gains	3	11
Gross Unrealized Losses	40,622	42,041
Securities available-for-sale	278,798	299,242
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	148,859	156,119
Gross Unrealized Gains	0	0
Gross Unrealized Losses	16,902	17,479
Estimated Fair Value	131,957	138,640
Mortgage-backed securities - commercial
Available-for-sale securities:
Amortized Cost	201,601	215,200
Gross Unrealized Gains	51	60
Gross Unrealized Losses	24,471	24,363
Securities available-for-sale	177,181	190,897
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	134,120	134,478
Gross Unrealized Gains	0	7
Gross Unrealized Losses	14,016	13,798
Estimated Fair Value	120,104	120,687
Corporate obligations
Available-for-sale securities:
Amortized Cost	42,244	43,869
Gross Unrealized Gains	0	0
Gross Unrealized Losses	4,375	2,987
Securities available-for-sale	37,869	40,882
Held-to-maturity:
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $613,831 - 2023; $642,097 - 2022)	10,000	10,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	2,055	1,615
Estimated Fair Value	$ 7,945	$ 8,385

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details)	Jun. 30, 2023 USD ($) security	Dec. 31, 2022 USD ($) security	Oct. 31, 2022 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Debt securities, HTM, accumulated unrecognized loss, transferred from AFS			$ 36,800,000
Credit loss recognized	$ 0	$ 0
Accrued interest receivable	5,700,000	6,200,000
Loans held for investment	5,010,925,000	3,774,157,000
Held to maturity, credit loss exposure	201,000	242,000
Amount of reserve recorded	0
Accrued interest receivable of held-to-maturity securities	3,400,000	3,600,000
Held-to-maturity, excluding accrued interest, nonaccrual	0	0
Carrying value of securities pledged to public deposits	$ 1,186,000,000	$ 1,031,000,000
Number of securities in the portfolio that were in an unrealized loss position | security	1,208	1,265
AFS Securities
Debt and Equity Securities, FV-NI [Line Items]
Credit loss recognized	$ 0	$ 0
Obligations of U.S. government agencies and sponsored entities
Debt and Equity Securities, FV-NI [Line Items]
Debt securities, HTM, excluding accrued interest, after allowance for credit loss, transferred from AFS			863,000
Mortgage-backed securities - commercial
Debt and Equity Securities, FV-NI [Line Items]
Debt securities, HTM, excluding accrued interest, after allowance for credit loss, transferred from AFS			1,200,000
Tax-exempt and taxable obligations of states and municipal subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Debt securities, HTM, excluding accrued interest, after allowance for credit loss, transferred from AFS			$ 137,500,000
Financial Asset, Past Due
Debt and Equity Securities, FV-NI [Line Items]
Loans held for investment	0	0
Securities held to maturity past due 30 days	$ 0	$ 0

SECURITIES - Credit Quality Ind

SECURITIES - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	$ 663,473	$ 691,484
Aaa
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	440,152	467,736
Aa1/Aa2/Aa3
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	137,533	110,854
A1/A2
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	33,349	13,757
BBB
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	10,000	10,000
Not rated
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	$ 42,439	$ 89,137

SECURITIES - Amortized Cost and

SECURITIES - Amortized Cost and Fair Value of Debt Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available-for-Sale, Amortized Cost
Due less than one year	$ 62,185
Due after one year through five years	265,117
Due after five years through ten years	334,035
Due greater than ten years	174,341
Mortgage-backed securities - residential	319,417
Mortgage-backed securities - commercial	201,601
Amortized Cost	1,356,696	$ 1,418,337
Available-for-Sale, Fair Value
Due less than one year	61,053
Due after one year through five years	246,185
Due after five years through ten years	289,647
Due greater than ten years	146,239
Mortgage-backed securities - residential	278,798
Mortgage-backed securities - commercial	177,181
Securities available-for-sale	1,199,103	1,257,101
Held-to-maturity, Amortized Cost
Due less than one year	38,491
Due after one year through five years	72,423
Due after five years through ten years	52,315
Due greater than ten years	217,265
Mortgage-backed securities - residential	148,859
Mortgage-backed securities - commercial	134,120
Total	663,473
Held-to-maturity, Estimated Fair Value
Due less than one year	37,396
Due after one year through five years	68,056
Due after five years through ten years	47,359
Due greater than ten years	208,959
Mortgage-backed securities - residential	131,957
Mortgage-backed securities - commercial	120,104
Total	$ 613,831	$ 642,097

SECURITIES - Summary of Availab

SECURITIES - Summary of Available-For-Sale Securities With Unrealized and Unrecognized Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	$ 71,558	$ 475,479
Fair value, 12 months or longer	1,099,835	752,306
Fair value, total	1,171,393	1,227,785
Unrealized losses, less than 12 months	4,026	43,854
Unrealized losses, 12 months or longer	154,052	118,054
Unrealized losses, total	158,078	161,908
Fair value, held-to-maturity, less than 12 months	70,504	530,503
Fair value, held-to-maturity, 12 months or longer	418,128	15,303
Fair value, held-to-maturity, total	488,632	545,806
Unrealized losses, held-to-maturity, less than 12 months	6,105	53,803
Unrealized losses, held-to-maturity, 12 months or longer	49,867	116
Unrealized losses, held-to-maturity, total	55,972	53,919
U.S. Treasury
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	0	4,563
Fair value, 12 months or longer	124,616	119,292
Fair value, total	124,616	123,855
Unrealized losses, less than 12 months	0	419
Unrealized losses, 12 months or longer	11,067	11,479
Unrealized losses, total	11,067	11,898
Fair value, held-to-maturity, less than 12 months	0	104,457
Fair value, held-to-maturity, 12 months or longer	85,039	0
Fair value, held-to-maturity, total	85,039	104,457
Unrealized losses, held-to-maturity, less than 12 months	0	5,175
Unrealized losses, held-to-maturity, 12 months or longer	4,648	0
Unrealized losses, held-to-maturity, total	4,648	5,175
Obligations of U.S. government agencies and sponsored entities
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	1,031	34,254
Fair value, 12 months or longer	131,338	109,431
Fair value, total	132,369	143,685
Unrealized losses, less than 12 months	38	2,293
Unrealized losses, 12 months or longer	19,745	16,395
Unrealized losses, total	19,783	18,688
Fair value, held-to-maturity, less than 12 months	736	31,636
Fair value, held-to-maturity, 12 months or longer	30,561	0
Fair value, held-to-maturity, total	31,297	31,636
Unrealized losses, held-to-maturity, less than 12 months	0	2,153
Unrealized losses, held-to-maturity, 12 months or longer	2,383	0
Unrealized losses, held-to-maturity, total	2,383	2,153
Tax-exempt and taxable obligations of states and municipal subdivisions
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	47,332	275,202
Fair value, 12 months or longer	378,121	159,508
Fair value, total	425,453	434,710
Unrealized losses, less than 12 months	2,055	31,152
Unrealized losses, 12 months or longer	55,705	30,779
Unrealized losses, total	57,760	61,931
Fair value, held-to-maturity, less than 12 months	44,551	127,628
Fair value, held-to-maturity, 12 months or longer	67,739	15,303
Fair value, held-to-maturity, total	112,290	142,931
Unrealized losses, held-to-maturity, less than 12 months	4,276	13,583
Unrealized losses, held-to-maturity, 12 months or longer	11,692	116
Unrealized losses, held-to-maturity, total	15,968	13,699
Mortgage-backed securities - residential
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	9,805	76,125
Fair value, 12 months or longer	268,497	222,274
Fair value, total	278,302	298,399
Unrealized losses, less than 12 months	423	4,970
Unrealized losses, 12 months or longer	40,199	37,071
Unrealized losses, total	40,622	42,041
Fair value, held-to-maturity, less than 12 months	0	138,639
Fair value, held-to-maturity, 12 months or longer	131,957	0
Fair value, held-to-maturity, total	131,957	138,639
Unrealized losses, held-to-maturity, less than 12 months	0	17,479
Unrealized losses, held-to-maturity, 12 months or longer	16,902	0
Unrealized losses, held-to-maturity, total	16,902	17,479
Mortgage-backed securities - commercial
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	5,067	50,193
Fair value, 12 months or longer	167,716	136,062
Fair value, total	172,783	186,255
Unrealized losses, less than 12 months	333	3,025
Unrealized losses, 12 months or longer	24,138	21,338
Unrealized losses, total	24,471	24,363
Fair value, held-to-maturity, less than 12 months	25,217	119,758
Fair value, held-to-maturity, 12 months or longer	94,887	0
Fair value, held-to-maturity, total	120,104	119,758
Unrealized losses, held-to-maturity, less than 12 months	1,829	13,798
Unrealized losses, held-to-maturity, 12 months or longer	12,187	0
Unrealized losses, held-to-maturity, total	14,016	13,798
Corporate obligations
Debt and Equity Securities, FV-NI [Line Items]
Fair value, less than 12 months	8,323	35,142
Fair value, 12 months or longer	29,547	5,739
Fair value, total	37,870	40,881
Unrealized losses, less than 12 months	1,177	1,995
Unrealized losses, 12 months or longer	3,198	992
Unrealized losses, total	4,375	2,987
Fair value, held-to-maturity, less than 12 months	0	8,385
Fair value, held-to-maturity, 12 months or longer	7,945	0
Fair value, held-to-maturity, total	7,945	8,385
Unrealized losses, held-to-maturity, less than 12 months	0	1,615
Unrealized losses, held-to-maturity, 12 months or longer	2,055	0
Unrealized losses, held-to-maturity, total	$ 2,055	$ 1,615

LOANS - Composition of Loan Por

LOANS - Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Loans held for sale
Total LHFS	$ 6,602		$ 4,443
Loans held for investment
Loans held for investment	5,010,925		3,774,157
Less allowance for credit losses	(52,614)	$ (52,450)	(38,917)	$ (32,400)	$ (31,620)	$ (30,742)
Net loans held for investment	4,958,311		3,735,240
PPP Loans	514		710
Mortgage loans held for sale
Loans held for sale
Total LHFS	6,602		4,443
Commercial, financial and agriculture
Loans held for investment
Loans held for investment	790,295		536,192
Less allowance for credit losses	(8,972)	(9,443)	(6,349)	(4,511)	(4,874)	(4,873)
Commercial real estate
Loans held for investment
Loans held for investment	2,915,886		2,135,263
Less allowance for credit losses	(28,726)	(28,052)	(20,389)	(18,668)	(17,773)	(17,552)
Consumer real estate
Loans held for investment
Loans held for investment	1,249,295		1,058,999
Less allowance for credit losses	(14,123)	(14,201)	(11,599)	(8,752)	(8,492)	(7,889)
Consumer installment
Loans held for investment
Loans held for investment	55,449		43,703
Less allowance for credit losses	$ (793)	$ (754)	$ (580)	$ (469)	$ (481)	$ (428)

LOANS - Narrative (Details)

LOANS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jan. 01, 2023	Dec. 31, 2022	Aug. 01, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, accrued interest, before allowance for credit loss	$ 21,900,000		$ 21,900,000			$ 18,000,000
Amortized cost, PCD loans	65,900,000		65,900,000			24,000,000
PCD loans, estimated ACL	3,500,000		3,500,000			1,700,000
Total TDRs						21,751,000
Additional amount committed on TDR loans						0
Allowance for TDRs						841,000
TDR period increase (decrease) in allowance		$ 0		$ 0
TDR charge-offs	0
TDR subsequent default, increase (decrease) in allowance				1,500,000
TDR subsequent default, charge-offs				0
Total loans, other financial institutions	273,000,000		273,000,000			202,600,000
Loans sold to other financial institutions.	152,800,000		152,800,000			100,100,000
Loans purchased	120,200,000		$ 120,200,000			$ 102,500,000
LGD Rate			15%
Threshold default percentage			1%
Provision for credit losses, LHFI	$ 1,000,000	$ 450,000	$ 11,500,000	$ 450,000
Heritage Southeast Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
Business combination, acquired receivable, fair value					$ 1,091,000,000
Discount (premium) on loans acquired					33,700,000
Gross contractual amounts receivable					1,125,000,000
Contractual cash flows not expected to be collected					$ 16,500,000
Provision for credit losses, LHFI			$ 10,700,000
Beach Bancorp
Accounts, Notes, Loans and Financing Receivable [Line Items]
Business combination, acquired receivable, fair value							$ 460,000,000
Discount (premium) on loans acquired							8,800,000
Gross contractual amounts receivable							468,800,000
Contractual cash flows not expected to be collected							6,400,000
TDRs acquired							$ 1,500,000

LOANS - Summary of Loans Classi

LOANS - Summary of Loans Classified as Past Due in Excess of Thirty Days or More and Loans Classified as Non-Accrual (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30 to 89 Days	$ 4,903	$ 5,763
Past Due 90 Days or More and Still Accruing	0	289
Nonaccrual	12,759	10,430
PCD	3,278	2,161
Total Past Due, Nonaccrual and PCD	20,940	18,643
LHFI	5,010,925	3,774,157
Nonaccrual and PCD with No ACL	6,658	5,351
PPP Loans	514	710
Commercial, financial and agriculture
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30 to 89 Days	1,549	220
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	221	19
PCD	1,066	0
Total Past Due, Nonaccrual and PCD	2,836	239
LHFI	790,295	536,192
Nonaccrual and PCD with No ACL	172	0
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30 to 89 Days	1,278	1,984
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	9,196	7,445
PCD	793	1,129
Total Past Due, Nonaccrual and PCD	11,267	10,558
LHFI	2,915,886	2,135,263
Nonaccrual and PCD with No ACL	5,030	4,560
Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30 to 89 Days	1,899	3,386
Past Due 90 Days or More and Still Accruing	0	289
Nonaccrual	3,324	2,965
PCD	1,419	1,032
Total Past Due, Nonaccrual and PCD	6,642	7,672
LHFI	1,249,295	1,058,999
Nonaccrual and PCD with No ACL	1,456	791
Consumer installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30 to 89 Days	177	173
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	18	1
PCD	0	0
Total Past Due, Nonaccrual and PCD	195	174
LHFI	55,449	43,703
Nonaccrual and PCD with No ACL	$ 0	$ 0

LOANS - Summary of Carrying Amo

LOANS - Summary of Carrying Amount of Loans Acquired in Business Combination with more than Insignificant Deterioration of Credit Quality since Origination (Details) - USD ($) $ in Thousands	Jan. 01, 2023	Aug. 01, 2022
Beach Bancorp
Financing Receivable, Allowance for Credit Losses [Line Items]
Purchase price of loans at acquisition		$ 27,669
Allowance for credit losses at acquisition		1,303
Non-credit discount (premium) at acquisition		530
Par value of acquired loans at acquisition		$ 29,502
Heritage Southeast Bank
Financing Receivable, Allowance for Credit Losses [Line Items]
Purchase price of loans at acquisition	$ 52,356
Allowance for credit losses at acquisition	3,176
Non-credit discount (premium) at acquisition	2,325
Par value of acquired loans at acquisition	$ 57,857

LOANS - Amortized Cost Basis of

LOANS - Amortized Cost Basis of Loans that were Modified to Borrowers by Class of Financing Receivable (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Payment Modification	$ 60
Percentage of Total Loans Held for Investment	0%
Consumer real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Payment Modification	$ 60
Percentage of Total Loans Held for Investment	0%

LOANS - Detail of Troubled Debt

LOANS - Detail of Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2022 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	1	1
Outstanding Recorded Investment Pre-Modification	$ 15	$ 15
Outstanding Recorded Investment Post-Modification	$ 15	$ 15
Commercial, financial and agriculture
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	1	1
Outstanding Recorded Investment Pre-Modification	$ 15	$ 15
Outstanding Recorded Investment Post-Modification	$ 15	$ 15

LOANS - Summary of Loans Modifi

LOANS - Summary of Loans Modified as TDRs for Which There Was a Payment Default Within Twelve Months Following the Modification (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | loan	6
Recorded Investment | $	$ 4,695
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | loan	3
Recorded Investment | $	$ 4,562
Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | loan	3
Recorded Investment | $	$ 133

LOANS - Modifications of Loans

LOANS - Modifications of Loans Performing (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	$ 5,010,925,000	$ 3,774,157,000
Past Due 90 Days or More and Still Accruing	0	289,000
Nonaccrual	12,759,000	10,430,000
Total		21,751,000
Allowance for TDRs		841,000
Financing receivable, total		841,000
Commercial, financial and agriculture
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	790,295,000	536,192,000
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	221,000	19,000
Total		49,000
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	2,915,886,000	2,135,263,000
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	9,196,000	7,445,000
Total		19,682,000
Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	1,249,295,000	1,058,999,000
Past Due 90 Days or More and Still Accruing	0	289,000
Nonaccrual	3,324,000	2,965,000
Total		2,006,000
Consumer installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	55,449,000	43,703,000
Past Due 90 Days or More and Still Accruing	0	0
Nonaccrual	18,000	1,000
Total		14,000
Financial Asset, Not Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment		14,701,000
Allowance for TDRs		350,000
Financial Asset, Not Past Due | Commercial, financial and agriculture
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment		49,000
Financial Asset, Not Past Due | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment		13,561,000
Financial Asset, Not Past Due | Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment		1,077,000
Financial Asset, Not Past Due | Consumer installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment		14,000
Financial Asset, Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans held for investment	$ 0	0
Past Due 30-89		0
Past Due 90 Days or More and Still Accruing		0
Nonaccrual		7,050,000
Financing receivable allowance for credit losses current nonaccrual status		491,000
Financial Asset, Past Due | Commercial, financial and agriculture
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30-89		0
Past Due 90 Days or More and Still Accruing		0
Nonaccrual		0
Financial Asset, Past Due | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30-89		0
Past Due 90 Days or More and Still Accruing		0
Nonaccrual		6,121,000
Financial Asset, Past Due | Consumer real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30-89		0
Past Due 90 Days or More and Still Accruing		0
Nonaccrual		929,000
Financial Asset, Past Due | Consumer installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due 30-89		0
Past Due 90 Days or More and Still Accruing		0
Nonaccrual		$ 0

LOANS - Collateral Dependent Lo

LOANS - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	$ 6,776	$ 5,558
Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	172
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	5,030	4,560
Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	1,574	998
Real Property
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	6,604	5,558
Real Property | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	0
Real Property | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	5,030	4,560
Real Property | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	1,574	$ 998
Miscellaneous
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	172
Miscellaneous | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	172
Miscellaneous | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	0
Miscellaneous | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Amortized cost basis, collateral dependent loans	$ 0

LOANS - Amortized Cost Basis _2

LOANS - Amortized Cost Basis of Loans by Credit Quality Indicator and Class of Loans Based on the Most Recent Analysis Performed (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Financing Receivable, Recorded Investment [Line Items]
Year one	$ 279,452		$ 279,452		$ 1,111,109
Current period gross writeoffs, 2023			47
Year two	1,350,441		1,350,441		825,738
Current period gross writeoffs, 2022			402
Year three	973,231		973,231		509,928
Current period gross writeoffs, 2021			226
Year four	603,415		603,415		347,053
Current period gross writeoffs, 2020			130
Year five	406,539		406,539		253,717
Current period gross writeoffs, 2019			272
More than five years	960,720		960,720		607,487
Current period gross writeoffs, prior			356
Revolving Loans	437,127		437,127		119,125
Current period gross writeoffs, revolving			33
Loans held for investment	5,010,925		5,010,925		3,774,157
Loans charged-off	1,126	$ 426	1,466	$ 657
Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Year one	63,256		63,256		182,191
Current period gross writeoffs, 2023			0
Year two	154,362		154,362		146,362
Current period gross writeoffs, 2022			11
Year three	120,145		120,145		57,354
Current period gross writeoffs, 2021			95
Year four	56,074		56,074		53,988
Current period gross writeoffs, 2020			2
Year five	44,818		44,818		43,474
Current period gross writeoffs, 2019			206
More than five years	76,987		76,987		52,642
Current period gross writeoffs, prior			110
Revolving Loans	274,653		274,653		181
Current period gross writeoffs, revolving			0
Loans held for investment	790,295		790,295		536,192
Loans charged-off	421	94	424	146
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	115,044		115,044		583,617
Current period gross writeoffs, 2023			0
Year two	808,827		808,827		440,836
Current period gross writeoffs, 2022			0
Year three	605,698		605,698		309,986
Current period gross writeoffs, 2021			0
Year four	401,625		401,625		230,963
Current period gross writeoffs, 2020			0
Year five	294,714		294,714		155,364
Current period gross writeoffs, 2019			0
More than five years	686,432		686,432		412,732
Current period gross writeoffs, prior			0
Revolving Loans	3,546		3,546		1,765
Current period gross writeoffs, revolving			0
Loans held for investment	2,915,886		2,915,886		2,135,263
Loans charged-off	0	24	0	27
Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	87,387		87,387		326,372
Current period gross writeoffs, 2023			0
Year two	370,060		370,060		226,909
Current period gross writeoffs, 2022			21
Year three	237,378		237,378		137,533
Current period gross writeoffs, 2021			0
Year four	141,257		141,257		60,024
Current period gross writeoffs, 2020			0
Year five	65,047		65,047		54,044
Current period gross writeoffs, 2019			0
More than five years	195,682		195,682		140,663
Current period gross writeoffs, prior			3
Revolving Loans	152,484		152,484		113,454
Current period gross writeoffs, revolving			0
Loans held for investment	1,249,295		1,249,295		1,058,999
Loans charged-off	24	140	24	147
Consumer installment
Financing Receivable, Recorded Investment [Line Items]
Year one	13,765		13,765		18,929
Current period gross writeoffs, 2023			47
Year two	17,192		17,192		11,631
Current period gross writeoffs, 2022			370
Year three	10,010		10,010		5,055
Current period gross writeoffs, 2021			131
Year four	4,459		4,459		2,078
Current period gross writeoffs, 2020			128
Year five	1,960		1,960		835
Current period gross writeoffs, 2019			66
More than five years	1,619		1,619		1,450
Current period gross writeoffs, prior			243
Revolving Loans	6,444		6,444		3,725
Current period gross writeoffs, revolving			33
Loans held for investment	55,449		55,449		43,703
Loans charged-off	681	$ 168	1,018	$ 337
Pass
Financing Receivable, Recorded Investment [Line Items]
Year one	279,394		279,394		1,109,434
Year two	1,342,148		1,342,148		815,808
Year three	958,706		958,706		501,913
Year four	597,128		597,128		333,034
Year five	388,061		388,061		236,470
More than five years	878,697		878,697		551,591
Revolving Loans	433,691		433,691		117,949
Loans held for investment	4,877,825		4,877,825		3,666,199
Pass | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Year one	63,198		63,198		181,761
Year two	153,935		153,935		141,174
Year three	119,982		119,982		55,690
Year four	55,578		55,578		53,954
Year five	42,981		42,981		43,441
More than five years	74,566		74,566		52,038
Revolving Loans	274,501		274,501		181
Loans held for investment	784,741		784,741		528,239
Pass | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	115,044		115,044		582,895
Year two	801,165		801,165		436,661
Year three	591,882		591,882		305,140
Year four	397,524		397,524		217,626
Year five	278,946		278,946		140,682
More than five years	619,859		619,859		368,185
Revolving Loans	3,546		3,546		1,765
Loans held for investment	2,807,966		2,807,966		2,052,954
Pass | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	87,387		87,387		325,853
Year two	369,865		369,865		226,355
Year three	236,851		236,851		136,052
Year four	139,610		139,610		59,376
Year five	64,194		64,194		51,515
More than five years	182,654		182,654		129,923
Revolving Loans	149,200		149,200		112,278
Loans held for investment	1,229,761		1,229,761		1,041,352
Pass | Consumer installment
Financing Receivable, Recorded Investment [Line Items]
Year one	13,765		13,765		18,925
Year two	17,183		17,183		11,618
Year three	9,991		9,991		5,031
Year four	4,416		4,416		2,078
Year five	1,940		1,940		832
More than five years	1,618		1,618		1,445
Revolving Loans	6,444		6,444		3,725
Loans held for investment	55,357		55,357		43,654
Special mention
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		1,052
Year two	757		757		6,533
Year three	10,427		10,427		5,602
Year four	3,443		3,443		11,643
Year five	11,723		11,723		10,708
More than five years	24,416		24,416		20,870
Revolving Loans	2,154		2,154		0
Loans held for investment	52,920		52,920		56,408
Special mention | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		380
Year two	0		0		5,188
Year three	0		0		1,664
Year four	179		179		0
Year five	1,199		1,199		0
More than five years	1,473		1,473		412
Revolving Loans	127		127		0
Loans held for investment	2,978		2,978		7,644
Special mention | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		672
Year two	681		681		1,345
Year three	10,427		10,427		3,938
Year four	3,263		3,263		11,643
Year five	10,434		10,434		9,885
More than five years	18,817		18,817		16,612
Revolving Loans	0		0		0
Loans held for investment	43,622		43,622		44,095
Special mention | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	76		76		0
Year three	0		0		0
Year four	0		0		0
Year five	90		90		823
More than five years	4,126		4,126		3,846
Revolving Loans	2,027		2,027		0
Loans held for investment	6,319		6,319		4,669
Special mention | Consumer installment
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	1		1		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	1		1		0
Substandard
Financing Receivable, Recorded Investment [Line Items]
Year one	58		58		623
Year two	7,536		7,536		3,397
Year three	4,098		4,098		2,413
Year four	2,844		2,844		2,376
Year five	6,755		6,755		6,539
More than five years	57,607		57,607		35,026
Revolving Loans	1,282		1,282		1,176
Loans held for investment	80,180		80,180		51,550
Substandard | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Year one	58		58		50
Year two	427		427		0
Year three	163		163		0
Year four	317		317		34
Year five	638		638		33
More than five years	948		948		192
Revolving Loans	25		25		0
Loans held for investment	2,576		2,576		309
Substandard | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		50
Year two	6,981		6,981		2,830
Year three	3,389		3,389		908
Year four	838		838		1,694
Year five	5,334		5,334		4,797
More than five years	47,756		47,756		27,935
Revolving Loans	0		0		0
Loans held for investment	64,298		64,298		38,214
Substandard | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		519
Year two	119		119		554
Year three	527		527		1,481
Year four	1,647		1,647		648
Year five	763		763		1,706
More than five years	8,902		8,902		6,894
Revolving Loans	1,257		1,257		1,176
Loans held for investment	13,215		13,215		12,978
Substandard | Consumer installment
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		4
Year two	9		9		13
Year three	19		19		24
Year four	42		42		0
Year five	20		20		3
More than five years	1		1		5
Revolving Loans	0		0		0
Loans held for investment	91		91		49
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	0		0		0
Doubtful | Commercial, financial and agriculture
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	0		0		0
Doubtful | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	0		0		0
Doubtful | Consumer real estate
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	0		0		0
Doubtful | Consumer installment
Financing Receivable, Recorded Investment [Line Items]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
More than five years	0		0		0
Revolving Loans	0		0		0
Loans held for investment	$ 0		$ 0		$ 0

LOANS - Activity in Allowance f

LOANS - Activity in Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Allowance for loan losses:
Beginning balance	$ 52,450	$ 31,620	$ 38,917	$ 30,742
Initial allowance on PCD loans			3,176
Provision for credit losses	1,000	450	11,500	450
Loans charged-off	(1,126)	(426)	(1,466)	(657)
Recoveries	290	756	487	1,865
Total ending allowance balance	52,614	32,400	52,614	32,400
Heritage Southeast Bank
Allowance for loan losses:
Initial allowance on PCD loans	3,200
Provision for credit losses			10,700
Commercial, financial and agriculture
Allowance for loan losses:
Beginning balance	9,443	4,874	6,349	4,873
Initial allowance on PCD loans			727
Provision for credit losses	(64)	(313)	2,263	(313)
Loans charged-off	(421)	(94)	(424)	(146)
Recoveries	14	44	57	97
Total ending allowance balance	8,972	4,511	8,972	4,511
Commercial real estate
Allowance for loan losses:
Beginning balance	28,052	17,773	20,389	17,552
Initial allowance on PCD loans			2,260
Provision for credit losses	603	629	5,991	629
Loans charged-off	0	(24)	0	(27)
Recoveries	71	290	86	514
Total ending allowance balance	28,726	18,668	28,726	18,668
Consumer real estate
Allowance for loan losses:
Beginning balance	14,201	8,492	11,599	7,889
Initial allowance on PCD loans			182
Provision for credit losses	(118)	62	2,284	62
Loans charged-off	(24)	(140)	(24)	(147)
Recoveries	64	338	82	948
Total ending allowance balance	14,123	8,752	14,123	8,752
Consumer installment
Allowance for loan losses:
Beginning balance	754	481	580	428
Initial allowance on PCD loans			7
Provision for credit losses	579	72	962	72
Loans charged-off	(681)	(168)	(1,018)	(337)
Recoveries	141	84	262	306
Total ending allowance balance	$ 793	$ 469	$ 793	$ 469

LOANS - Loans and Allowance for

LOANS - Loans and Allowance for Loan Losses, Broken Down by Portfolio Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	$ 5,010,925		$ 3,774,157
Allowance for Credit Losses	52,614	$ 52,450	38,917	$ 32,400	$ 31,620	$ 30,742
Commercial, financial and agriculture
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	790,295		536,192
Allowance for Credit Losses	8,972	9,443	6,349	4,511	4,874	4,873
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	2,915,886		2,135,263
Allowance for Credit Losses	28,726	28,052	20,389	18,668	17,773	17,552
Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	1,249,295		1,058,999
Allowance for Credit Losses	14,123	14,201	11,599	8,752	8,492	7,889
Consumer installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	55,449		43,703
Allowance for Credit Losses	793	$ 754	580	$ 469	$ 481	$ 428
Individually evaluated
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	6,776		5,558
Allowance for Credit Losses	36		5
Individually evaluated | Commercial, financial and agriculture
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	172		0
Allowance for Credit Losses	0		0
Individually evaluated | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	5,030		4,560
Allowance for Credit Losses	0		0
Individually evaluated | Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	1,574		998
Allowance for Credit Losses	36		5
Individually evaluated | Consumer installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	0		0
Allowance for Credit Losses	0		0
Collectively evaluated
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	5,004,149		3,768,599
Allowance for Credit Losses	52,578		38,912
Collectively evaluated | Commercial, financial and agriculture
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	790,123		536,192
Allowance for Credit Losses	8,972		6,349
Collectively evaluated | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	2,910,856		2,130,703
Allowance for Credit Losses	28,726		20,389
Collectively evaluated | Consumer real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	1,247,721		1,058,001
Allowance for Credit Losses	14,087		11,594
Collectively evaluated | Consumer installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
LHFI	55,449		43,703
Allowance for Credit Losses	$ 793		$ 580

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments (Details) - Interest rate swap contracts $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Derivative [Line Items]
Notional amount	$ 361,749	$ 328,756
Weighted average pay rate	0.045	0.046
Weighted average receive rate	0.045	0.043
Weighted average maturity in years	5 years 9 months 7 days	6 years 1 month 9 days

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Liabilities/Assets at Fair Value (Details) - Interest rate swap contracts - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Derivative Assets	$ 12,469	$ 12,825
Derivative Liabilities	$ 12,469	$ 12,825

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - Interest rate swap contracts - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Collateralized agreements	$ 500	$ 500	$ 500
Swap spread income, net	$ 326	$ 495

SUBSEQUENT EVENTS_OTHER (Detail

SUBSEQUENT EVENTS/OTHER (Details) $ in Millions	Apr. 30, 2023 USD ($)
Subsequent Events [Abstract]
Government grants, eligibility, amount	$ 6.2