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Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 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 (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.
| December 31, 2024
| Carrying Amount |  | Fair Value |  | Level
| (In thousands) |  |
Financial assets: |  |  |  |  |
Cash and cash equivalents | $ | 910,347 |  |  | $ | 910,347 |  |  | 1
Federal funds sold | 3,725 |  |  | 3,725 |  |  | 1
Investment securities - available for sale | 3,051,110 |  |  | 3,051,110 |  |  | 2
Investment securities - available for sale | 21,529 |  |  | 21,529 |  |  | 3
Investment securities - held-to-maturity | 1,275,204 |  |  | 1,142,940 |  |  | 2
Loans receivable, net of impaired loans and allowance | 14,244,458 |  |  | 14,207,935 |  |  | 3
Accrued interest receivable | 120,129 |  |  | 120,129 |  |  | 1
FHLB, FRB & FNBB stock; other equity investments | 226,910 |  |  | 226,910 |  |  | 3
Marketable equity securities | 48,954 |  |  | 48,954 |  |  | 1
Financial liabilities: |  |  |  |  |
Deposits: |  |  |  |  |
Demand and non-interest bearing | $ | 4,006,115 |  |  | $ | 4,006,115 |  |  | 1
Savings and interest-bearing transaction accounts | 11,347,850 |  |  | 11,347,850 |  |  | 1
Time deposits | 1,792,332 |  |  | 1,781,156 |  |  | 3
Securities sold under agreements to repurchase | 162,350 |  |  | 162,350 |  |  | 1
FHLB and other borrowed funds | 600,750 |  |  | 556,095 |  |  | 2
Accrued interest payable | 20,186 |  |  | 20,186 |  |  | 1
Subordinated debentures | 439,246 |  |  | 375,887 |  |  | 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 | 3,485,031 |  |  | 3,485,031 |  |  | 2
Investment securities - available for sale | 22,810 |  |  | 22,810 |  |  | 3
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 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

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- 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
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