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Short-Term Borrowings | 12 Months Ended
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Dec. 31, 2025
Short-Term Debt [Abstract] |
Short-Term Borrowings | Note 10. Short-Term Borrowings The following table presents information concerning short-term borrowings at and for the years ended December 31, 2025 and 2024:
| December 31, |
($ in thousands) | 2025 |  | 2024 |
Federal funds purchased: |  |  |  |
Amount outstanding at period end | $ | 70,400 |  | $ | 300 |
Average amount outstanding during period |  | 16,879 |  |  | 12,935 |
Maximum amount at any month end during period |  | 110,300 |  |  | 200,275 |
Weighted-average interest rate at period end |  | 3.74 | % |  | 3.90 | %
Weighted-average interest rate during period |  | 4.84 | % |  | 5.61 | %
Securities sold under agreements to repurchase: |  |  |  |
Amount outstanding at period end | $ | 546,892 |  | $ | 638,715 |
Average amount outstanding during period |  | 613,630 |  |  | 639,912 |
Maximum amount at any month end during period |  | 734,288 |  |  | 792,589 |
Weighted-average interest rate at period end |  | 1.18 | % |  | 0.95 | %
Weighted-average interest rate during period |  | 1.36 | % |  | 1.65 | %
FHLB borrowings: |  |  |  |
Amount outstanding at period end | $ | 400,000 |  | $ | — |
Average amount outstanding during period |  | 339,044 |  |  | 238,593 |
Maximum amount at any month end during period |  | 1,275,000 |  |  | 650,000 |
Weighted-average interest rate at period end |  | 3.62 | % |  | — |
Weighted-average interest rate during period |  | 4.28 | % |  | 5.48 | %
Federal funds purchased represent unsecured borrowings from other banks, generally on an overnight basis. Securities sold under agreements to repurchase (“repurchase agreements”) are funds borrowed on a secured basis by selling securities under agreements to repurchase, mainly in connection with treasury-management services offered to deposit customers. The customer repurchase agreements mature daily and are secured by agency securities. As the Company maintains effective control over assets sold under agreements to repurchase, the securities continue to be presented in the Consolidated Balance Sheets. Because the Company acts as a borrower transferring assets to the counterparty, and the agreements mature daily, the Company’s risk is limited. Short-term borrowings include Federal Home Loan Bank (FHLB) advances totaling $0.4 billion as of December 31, 2025 which consisted of one fixed rate note entered into on December 31, 2025, that matured on January 2, 2026. There were no FHLB advances outstanding at December 31, 2024. As FHLB short-term borrowings mature, they are generally paid off and replaced with new short-term advances, if warranted, depending on funding needs.

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- Definition The entire disclosure for short-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
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