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v3.22.1

Short and Long-Term Funding (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Breakdown of short & long-term debt balances | The following table presents the components of short-term funding (funding with original contractual maturities of one year or less) and long-term funding (funding with original contractual maturities greater than one year):
($ in Thousands) | Mar 31, 2022 | Dec 31, 2021
Short-Term Funding |  |
Federal funds purchased | $ | 100,060 |  | $ | 120 |
Securities sold under agreements to repurchase | 268,708 |  | 319,412 |
Federal funds purchased and securities sold under agreements to repurchase | 368,768 |  | 319,532 |
Commercial paper | 30,593 |  | 34,730 |
Total short-term funding | $ | 399,361 |  | $ | 354,262 |
Long-Term Funding |  |
Corporation subordinated notes, at par, due 2025 | $ | 250,000 |  | $ | 250,000 |
Capitalized costs | (765) |  | (839) |
Finance leases | 562 |  | 163 |
Total long-term funding | 249,797 |  | 249,324 |
Total short and long-term funding, excluding FHLB advances | $ | 649,158 |  | $ | 603,587 |
FHLB Advances |  |
Short-term FHLB advances | $ | 320,000 |  | $ | — |
Long-term FHLB advances | 1,217,948 |  | 1,621,047 |
Total FHLB advances | $ | 1,537,948 |  | $ | 1,621,047 |
Total short and long-term funding | $ | 2,187,106 |  | $ | 2,224,633 |
Remaining contractual maturity of securities sold under agreements to repurchase | The remaining contractual maturity of the securities sold under agreements to repurchase on the consolidated balance sheets as of March 31, 2022 and December 31, 2021 are presented in the following table:
| Overnight and Continuous |  |  |  |
($ in Thousands) | March 31, 2022 | December 31, 2021 |  |  |  |
Repurchase agreements |  |  |  |  |  |
Agency mortgage-related securities | $ | 268,708 |  | $ | 319,412 |  |  |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the nature and risks of short-term collateralized financing obtained through repurchase agreements, securities lending transactions and repurchase-to-maturity transactions, accounted for as secured borrowings. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL34722452-111729 + Details
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