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Long-term Debt and Short-term Borrowings (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Short-term Borrowings
Short-term borrowings at December 31, 2020 and 2019 consisted of the following:
(dollars in thousands)20202019
Securities sold under repurchase agreements$227,922 $165,690 
Trading liability for short positions7,717 1,560 
FHLB advances with original maturities of one year or less— 1,752,000 
Total short-term borrowings$235,639 $1,919,250 
The following table sets forth additional information on Synovus' short-term borrowings for the years indicated.
(dollars in thousands)202020192018
Total balance at December 31,$235,639 $1,919,250 $887,692 
Weighted average interest rate at December 31,0.11 %1.60 %1.93 %
Maximum month-end balance during the year$1,973,523 $2,431,012 $887,692 
Average amount outstanding during the year685,664 1,360,214 371,933 
Weighted average interest rate during the year1.15 %1.93 %0.96 %
Schedule of Long-term Debt Instruments
Long-term debt at December 31, 2020 and 2019 is presented in the following table:
(dollars in thousands)20202019
Parent Company:
3.125% senior notes, due November 1, 2022, $300.0 million par value with semi-annual interest payments and principal to be paid at maturity$298,853 $298,228 
5.90% Fixed-to-Fixed Rate Subordinated Notes issued February 7, 2019, due February 7, 2029, $300.0 million par value with semi-annual interest payments at 5.90% for the first five years and semi-annual payments thereafter at a fixed rate of 3.379% above the 5-Year Mid-Swap Rate as of the reset date297,553 297,250 
LIBOR + 1.80% debentures, due April 19, 2035, $10.0 million par value with quarterly interest payments and principal to be paid at maturity (rate of 2.02% at December 31, 2020 and 3.69% at December 31, 2019)10,000 10,000 
5.75% subordinated notes, due December 15, 2025, $250.0 million par value— 248,419 
Total long-term debt — Parent Company606,406 853,897 
Synovus Bank:
2.289% Fixed-to-Floating Rate Senior Bank Notes issued February 12, 2020, due February 12, 2023, $400.0 million par value with semi-annual interest payments at 2.289% for the first two years and quarterly payments thereafter at an adjustable rate equal to the then-current SOFR + 94.5 basis points$398,594 $— 
4.00% Fixed-to-Fixed Rate Subordinated Bank Notes issued October 29, 2020, due October 29, 2030, $200.0 million par value with semi-annual interest payments at 4.00% for the first five years and semi-annual payments thereafter at a fixed rate of 3.625% above the 5-Year U.S. Treasury Rate197,349 — 
FRB PPP Lending Facility145 — 
FHLB advances with weighted average interest rate of 1.76% at December 31, 2019— 1,300,000 
Total long-term debt — Synovus Bank596,088 1,300,000 
Total long-term debt$1,202,494 $2,153,897 
Schedule of Principal Payments on Long-term Debt
Contractual annual principal payments on long-term debt for the next five years and thereafter are shown in the following table. These maturities are based upon the par value of the long-term debt.
 
(in thousands)
Parent
Company		Synovus BankTotal
2021$— 

$— $— 
2022300,000 145 300,145 
2023— 400,000 400,000 
2024— — — 
2025— — — 
Thereafter310,000 200,000 510,000 
Total$610,000 $600,145 $1,210,145