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Other Assets | 12 Months Ended
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Dec. 31, 2023
Other Assets [Abstract] |
Other Assets | Note 6 - Other Assets Significant balances included in other assets at December 31, 2023 and 2022 are presented below.
(in thousands) | 2023 |  | 2022
Investments in tax credits and CRA partnerships | $ | 638,402 |  |  | $ | 496,527 |
Deferred tax assets | 510,442 |  |  | 595,317 |
ROU assets | 473,028 |  |  | 421,481 |
Accrued interest receivable | 284,112 |  |  | 226,209 |
Accounts receivable | 195,921 |  |  | 152,460 |
Federal Reserve Bank and FHLB Stock | 184,944 |  |  | 308,321 |
Derivative asset positions | 94,903 |  |  | 89,815 |
Mutual funds and mutual funds held in rabbi trusts | 53,742 |  |  | 42,659 |
Prepaid expense | 47,471 |  |  | 48,152 |
MPS receivable(1) | 19,300 |  |  | 15,320 |
Trading securities, at fair value | 12,898 |  |  | 8,295 |
Other investments | 12,560 |  |  | 11,172 |
Miscellaneous other assets | 59,601 |  |  | 55,910 |
Total other assets | $ | 2,587,324 |  |  | $ | 2,471,638 |
(1) See "Part II - Item 8. Financial Statements and Supplementary Data - Note 14 - Commitments and Contingencies" in this Report for more information on the MPS receivable. As a member of the Federal Reserve System, Synovus is currently required to purchase and hold shares of capital stock in the Federal Reserve Bank of Atlanta (recorded at amortized cost, which approximates fair value, of $133.7 million and $128.6 million at December 31, 2023 and 2022, respectively) in an amount equal to the greater of 6% of its capital and surplus or 0.6% of deposits. As a member of the FHLB, Synovus is also required to purchase and hold shares of capital stock in the FHLB (recorded at amortized cost, which approximates fair value, of $51.3 million and $179.7 million at December 31, 2023 and 2022, respectively) in an amount equal to its membership base investment plus an activity-based investment determined according to the level of outstanding FHLB advances.

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