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Subordinated Debentures (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Preferred Trust Securities and Subordinated Debentures | Subordinated debentures at December 31, 2023 and 2022 contained the following components:
| As of December 31, 2023 |  | As of December 31, 2022
| (In thousands)
Subordinated debt securities |  |  |
Subordinated notes issued in 2020, due 2030, fixed rate of 5.500% during the first five years and at a floating rate of 534.5 basis points above the then three-month SOFR rate, reset quarterly, thereafter, callable in 2025 without penalty | $ | 142,084 |  |  | $ | 143,400 |
Subordinated notes, net of issuance costs, issued in 2022, due 2032, fixed rate of 3.125% during the first five years and at a floating rate of 182 basis points above the then three-month SOFR rate, reset quarterly, thereafter, callable in 2027 without penalty | 297,750 |  |  | 297,020 |
Total | $ | 439,834 |  |  | $ | 440,420 |

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