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Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Borrowings Outstanding | Borrowings as of December 31, 2023 and 2022 and the related maximum amounts outstanding at the end of any month in each of the two years then ended are presented below.
| December 31 |  | Maximum Outstanding |  |  |  |
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
| (dollars in thousands)
Federal funds purchased | $ | 240,000 |  |  | $ | 191,000 |  |  | $ | 862,000 |  |  | $ | 292,000 |  |  |  |  |
Federal Home Loan Bank advances | 1,100,000 |  |  | 1,250,000 |  |  | 1,720,000 |  |  | 1,250,000 |  |  |  |  |
Other borrowings: |  |  |  |  |  |  |  |  |  |  |
Short-term promissory notes issued to customers and customer repurchase agreements | 611,304 |  |  | 574,394 |  |  | 646,439 |  |  | 574,394 |  |  |  |  |
Other repurchase agreements | — |  |  | 315,000 |  |  | — |  |  | 315,000 |  |  |  |  |
Other borrowings | 838 |  |  | 1,179 |  |  | 1,151 |  |  | — |  |  |  |  |
Total other borrowings | $ | 612,142 |  |  | $ | 890,573 |  |  |  |  |  |  |  |  |
Schedule of Senior and Subordinated Debts | The following is included in senior and subordinated debt as of December 31:
| 2023 |  | 2022
| (dollars in thousands)
Subordinated debt | $ | 538,778 |  |  | $ | 543,601 |
Unamortized discounts and issuance costs | (3,394) |  |  | (3,967) |
Total senior debt and subordinated debt | $ | 535,384 |  |  | $ | 539,634 |
Schedule of Maturities of Long-term Debt | The following table summarizes the scheduled maturities of senior and subordinated debt with an original maturity of one year or more as of December 31, 2023 (dollars in thousands):
Year |
2024 | $ | 168,778 |
2025 | — |
2026 | — |
2027 | — |
2028 | — |
Thereafter | 370,000 |
Unamortized discounts and issuance costs | (3,394) |
Total | $ | 535,384 |

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