XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.23.1

Short-Term Borrowings (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Short-Term Debt [Abstract] |
Summary of Information Concerning Short-term Borrowings | The following table presents information concerning short-term borrowings at March 31, 2023 and December 31, 2022.
|  | March 31, |  |  | December 31, |
($ in thousands) |  | 2023 |  |  | 2022 |
Federal funds purchased: |  |  |  |  |  |  |  |
Amount outstanding at period end |  | $ |  | 350 |  |  | $ |  | 1,850 |
Weighted-average interest at period end |  |  |  | 4.40 | % |  |  |  | 3.90 | %
Securities sold under agreements to repurchase: |  |  |  |  |  |  |  |
Amount outstanding at period end |  | $ |  | 419,147 |  |  | $ |  | 444,421 |
Weighted-average interest at period end |  |  |  | 0.95 | % |  |  |  | 0.53 | %
FHLB borrowings: |  |  |  |  |  |  |  |
Amount outstanding at period end |  | $ |  | 3,100,000 |  |  | $ |  | 1,425,000 |
Weighted-average interest at period end |  |  |  | 4.99 | % |  |  |  | 4.70 | %
The following table presents information concerning short-term borrowings for the three months ended March 31, 2023 and 2022.
|  | Three Months Ended |
|  | March 31, |
($ in thousands) |  | 2023 |  |  | 2022 |
Federal funds purchased: |  |  |  |  |  |  |  |
Average amount outstanding during period |  | $ |  | 8,411 |  |  | $ |  | 2,387 |
Maximum amount at any month end during period |  | $ |  | 1,850 |  |  | $ |  | 2,350 |
Weighted-average interest rate during period |  |  |  | 5.11 | % |  |  |  | 0.28 | %
Securities sold under agreements to repurchase: |  |  |  |  |  |  |  |
Average amount outstanding during period |  | $ |  | 445,773 |  |  | $ |  | 587,508 |
Maximum amount at any month end during period |  | $ |  | 499,011 |  |  | $ |  | 640,592 |
Weighted-average interest rate during period |  |  |  | 0.69 | % |  |  |  | 0.06 | %
FHLB borrowings: |  |  |  |  |  |  |  |
Average amount outstanding during period |  | $ |  | 1,644,444 |  |  | $ |  | 1,100,011 |
Maximum amount at any month end during period |  | $ |  | 3,100,000 |  |  | $ |  | 1,100,000 |
Weighted-average interest rate during period |  |  |  | 4.74 | % |  |  |  | 0.49 | %

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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