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Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Assets and Liabilities

This table provides a summary of the fair value of the Company’s derivative assets and liabilities as of March 31, 2026 and December 31, 2025 (in thousands):


		Derivative Assets								Derivative Liabilities
		March 31,				December 31,				March 31,				December 31,
Fair Value		2026				2025				2026				2025
Interest Rate Derivatives:
Derivatives not designated as hedging instruments		$	114,918			$	126,423			$	118,641			$	130,122
Derivatives designated as hedging instruments			123,773				148,550				—				36
Total interest rate derivatives			238,691				274,973				118,641				130,158
Commodity Derivatives:
Derivatives not designated as hedging instruments			27,908				6,356				27,788				6,294
Total commodity derivatives			27,908				6,356				27,788				6,294
Total		$	266,599			$	281,329			$	146,429			$	136,452

Summary of Amount of Gain (Loss) Recognized in Other Noninterest Income in Consolidated Statements of Income Related to Derivative Assets and Liabilities

This table provides a summary of the amount of gain or loss recognized in Other noninterest income in the Consolidated Statements of Income related to the Company’s derivative assets and liabilities for the three months ended March 31, 2026 and March 31, 2025 (in thousands):


		Amount of (Loss) Gain Recognized
		For the Three Months Ended
		March 31,				March 31,
		2026				2025
Interest Rate Derivatives
Derivatives not designated as hedging instruments		$	(29	)		$	(90	)
Total		$	(29	)		$	(90	)
Commodity Derivatives
Derivatives not designated as hedging instruments		$	76			$	—
Total		$	76			$	—

Summary of Effect of Hedges on AOCI in Consolidated Statements of Comprehensive Income Related to Company's Derivative Assets and Liabilities

These tables provide a summary of the effect of hedges on AOCI in the Consolidated Statements of Comprehensive Income related to the Company’s derivative assets and liabilities for the three months ended March 31, 2026 and March 31, 2025 (in thousands):


		For the Three Months Ended March 31, 2026
Derivatives in Cash Flow Hedging Relationships		(Loss) Gain Recognized in OCI on Derivative				(Loss) Gain Recognized in OCI Included Component				Gain Recognized in OCI Excluded Component				(Loss) Gain Reclassified from AOCI into Earnings				(Loss) Gain Reclassified from AOCI into Earnings Included Component				Loss Reclassified from AOCI into Earnings Excluded Component
Interest rate floors and floor spreads		$	(16,250	)		$	(20,686	)		$	4,436			$	(1,109	)		$	(531	)		$	(578	)
Interest rate swaps			197				197				—				155				155				—
Total		$	(16,053	)		$	(20,489	)		$	4,436			$	(954	)		$	(376	)		$	(578	)


		For the Three Months Ended March 31, 2025
Derivatives in Cash Flow Hedging Relationships		Gain (Loss) Recognized in OCI on Derivative				Gain (Loss) Recognized in OCI Included Component				Loss Recognized in OCI Excluded Component				(Loss) Gain Reclassified from AOCI into Earnings				(Loss) Gain Reclassified from AOCI into Earnings Included Component				Loss Reclassified from AOCI into Earnings Excluded Component
Interest rate floors and floor spreads		$	23,735			$	45,152			$	(21,417	)		$	(1,395	)		$	(817	)		$	(578	)
Interest rate swaps			(1,089	)			(1,089	)			—				243				243				—
Total		$	22,646			$	44,063			$	(21,417	)		$	(1,152	)		$	(574	)		$	(578	)