XML 57 R44.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Fair Value Disclosures [Abstract] |
Estimated Fair Values of Financial Instruments | The following table presents the estimated fair values of the Company’s financial instruments. Fair value is the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date.
| June 30, 2024
| Carrying Amount |  | Fair Value |  | Level
| (In thousands) |  |
Financial assets: |  |  |  |  |
Cash and cash equivalents | $ | 1,058,716 |  |  | $ | 1,058,716 |  |  | 1
Investment securities - available for sale | 3,344,539 |  |  | 3,344,539 |  |  | 2
Investment securities - held-to-maturity | 1,278,853 |  |  | 1,159,160 |  |  | 2
Loans receivable, net of impaired loans and allowance | 14,393,901 |  |  | 14,334,637 |  |  | 3
Accrued interest receivable | 120,984 |  |  | 120,984 |  |  | 1
FHLB, FRB & FNBB Bank stock; other equity investments | 227,067 |  |  | 227,067 |  |  | 3
Marketable equity securities | 50,147 |  |  | 50,147 |  |  | 1
Financial liabilities: |  |  |  |  |
Deposits: |  |  |  |  |
Demand and non-interest bearing | $ | 4,068,302 |  |  | $ | 4,068,302 |  |  | 1
Savings and interest-bearing transaction accounts | 11,150,516 |  |  | 11,150,516 |  |  | 1
Time deposits | 1,736,985 |  |  | 1,718,037 |  |  | 3
Securities sold under agreements to repurchase | 137,996 |  |  | 137,996 |  |  | 1
FHLB and other borrowed funds | 1,301,050 |  |  | 1,281,175 |  |  | 2
Accrued interest payable | 35,559 |  |  | 35,559 |  |  | 1
Subordinated debentures | 439,542 |  |  | 379,572 |  |  | 3
| December 31, 2023
| Carrying Amount |  | Fair Value |  | Level
| (In thousands) |  |
Financial assets: |  |  |  |  |
Cash and cash equivalents | $ | 1,000,213 |  |  | $ | 1,000,213 |  |  | 1
Federal funds sold | 5,100 |  |  | 5,100 |  |  | 1
Investment securities - available for sale | 3,507,841 |  |  | 3,507,841 |  |  | 2
Investment securities - held-to-maturity | 1,281,982 |  |  | 1,170,481 |  |  | 2
Loans receivable, net of impaired loans and allowance | 14,048,002 |  |  | 14,071,775 |  |  | 3
Accrued interest receivable | 118,966 |  |  | 118,966 |  |  | 1
FHLB, FRB & FNBB Bank stock; other equity investments | 223,748 |  |  | 223,748 |  |  | 3
Marketable equity securities | 49,419 |  |  | 49,419 |  |  | 1
Financial liabilities: |  |  |  |  |
Deposits: |  |  |  |  |
Demand and non-interest bearing | $ | 4,085,501 |  |  | $ | 4,085,501 |  |  | 1
Savings and interest-bearing transaction accounts | 11,050,347 |  |  | 11,050,347 |  |  | 1
Time deposits | 1,651,863 |  |  | 1,633,091 |  |  | 3
Securities sold under agreements to repurchase | 142,085 |  |  | 142,085 |  |  | 1
FHLB and other borrowed funds | 1,301,300 |  |  | 1,291,926 |  |  | 2
Accrued interest payable | 19,124 |  |  | 19,124 |  |  | 1
Subordinated debentures | 439,834 |  |  | 358,682 |  |  | 3

X
- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration