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Borrowings (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Repurchase Agreements
The following table summarizes securities sold under agreements to repurchase and federal funds purchased:
December 31,
20252024
(Dollars in thousands)Total OutstandingRateTotal OutstandingRate
Securities sold under agreements to repurchase (1)
$596,738 3.32 %$344,168 2.98 %
Securities sold under agreements to repurchase and federal funds purchased (2)
$596,738 3.32 %$344,168 2.98 %
(1)Securities sold under agreements to repurchase have an original maturity date of one year or less for the periods presented.
(2)There were no outstanding federal funds purchased at December 31, 2025, and 2024.
Summary of Repurchase Agreement Offsetting
The following tables represent the offsetting of repurchase agreements that are subject to master netting agreements:
December 31, 2025
Gross Amounts of Recognized LiabilitiesGross Amounts Offset in the Statement of Financial PositionNet Amounts of Liabilities Presented in the Statement of Financial PositionGross Amounts Not Offset in the Statement of Financial position
(In thousands)
Financial Instruments (1)
Cash Collateral PledgedNet Amount
Repurchase agreements$494,420 $— $494,420 $494,420 $— $— 
December 31, 2024
Gross Amounts of Recognized LiabilitiesGross Amounts Offset in the Statement of Financial PositionNet Amounts of Liabilities Presented in the Statement of Financial PositionGross Amounts Not Offset in the Statement of Financial position
(In thousands)
Financial Instruments (1)
Cash Collateral PledgedNet Amount
Repurchase agreements$209,961 $— $209,961 $209,961 $— $— 
(1)Amounts disclosed are limited to the balance of securities sold under agreements to repurchase reported on the accompanying Consolidated Balance Sheets that are subject to master netting agreements and, accordingly, exclude excess collateral pledged. At December 31, 2025 and 2024, Agency MBS with a carrying amount of $520.1 million and $220.6 million, respectively, were pledged as collateral against such securities sold under agreements to repurchase, resulting in an excess collateral positions of $25.6 million and $10.6 million, respectively.
Summary of FHLB Advances
The following table summarizes information for FHLB advances:
December 31,
20252024
(Dollars in thousands)Total
Outstanding		Weighted-Average Contractual Coupon RateTotal
Outstanding		Weighted-Average Contractual Coupon Rate
Maturing within 1 year$2,970,000 3.44 %$2,100,000 4.50 %
After 1 but within 2 years201 — — — 
After 2 but within 3 years201 2.75 218 — 
After 3 but within 4 years615 1.75 215 2.75 
After 4 but within 5 years3,669 1.25 642 1.75 
After 5 years6,032 2.16 9,033 2.02 
Total FHLB advances$2,980,718 3.44 %$2,110,108 4.49 %
Aggregate market value of assets pledged as collateral$16,331,016 $16,581,133 
Remaining borrowing capacity at FHLB7,882,187 8,670,348 
Schedule of Long-Term Debt
The following table summarizes long-term debt:
December 31,
(In thousands)20252024
2029 senior notes (1)
$317,398 $322,751 
2029 subordinated notes— 274,000 
2030 subordinated notes— 225,000 
2035 subordinated notes350,000 — 
2033 junior subordinated notes77,320 77,320 
Total senior and subordinated debt744,718 899,071 
Discount on 2029 senior notes(323)(423)
Debt issuance cost on 2029 senior notes(869)(1,137)
Premium on 2029 subordinated notes— 4,435 
Premium on 2030 subordinated notes— 7,239 
Discount on 2035 subordinated notes(2,545)— 
Debt issuance cost on 2035 subordinated notes(1,527)— 
Long-term debt (2)
$739,454 $909,185 
(1)The Company de-designated its fair value hedging relationship on these senior notes in 2020. A basis adjustment of $17.4 million and $22.8 million at December 31, 2025, and 2024, respectively, is included in the carrying value and is being amortized over the remaining life of the senior notes.
(2)The classification of debt as long-term is based on the initial terms of greater than one year as of the date of issuance.