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Schedule of Long-Term Debt (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | The following table presents outstanding FHLB borrowings by original maturity classification for the dates indicated:
As of June 30, 2025 | Average Rate | Outstanding Balance
Fixed rate borrowings with tenors over twelve-months | 4.72 | % | $ | 250.0 |
Total outstanding FHLB borrowings |  | $ | 250.0 |
As of December 31, 2024 | Average Rate | Outstanding Balance
Fixed rate borrowings with tenors of up to twelve-months | 4.78 | % | $ | 1,317.5 |
Fixed rate borrowings with tenors over twelve-months | 4.72 |  | 250.0 |
Total outstanding FHLB borrowings |  | $ | 1,567.5 |
Schedule of Long-Term Debt Instruments | A summary of long-term debt follows:
| June 30, 2025 |  | December 31, 2024
Parent Company: |  |  |
Fixed to floating subordinated notes, 5.25% fixed rate effective May 2020 through May 14, 2025. Effective May 15, 2025, floating Three-Month Term Secured Overnight Financing Rate plus 518.0 basis points. | $ | 99.3 |  |  | $ | 99.1 |
Fixed to floating subordinated notes, 7.625% fixed rate effective June 2025 through June 2030 | 122.3 |  |  | — |
Subsidiaries: |  |  |
0.00% FHLB borrowings maturing in August 2029 | 3.9 |  |  | 3.9 |
8.00% finance lease obligation with term ending October 31, 2029 | 0.7 |  |  | 0.8 |
Note payable maturing March 31, 2038, interest only payable at 1.30% monthly until March 31, 2025 and then principal and interest at 3.25% until maturity | — |  |  | 2.0 |
1.30% note payable maturing June 1, 2034, interest only payable monthly until March 31, 2025 and then principal and interest until maturity | — |  |  | 0.6 |
1.12% note payable maturing December 31, 2045, interest only payable annually until December 31, 2028 and then principal and interest until maturity | 6.8 |  |  | 6.8 |
1.35% note payable maturing December 31, 2046 interest only payable annually until December 31, 2025 and then principal and interest until maturity | 6.4 |  |  | 6.4 |
1.26% note payable maturing December 31, 2051 interest only payable annually until December 31, 2031 and then principal and interest until maturity | 12.6 |  |  | 12.6 |
Total long-term debt | $ | 252.0 |  |  | $ | 132.2 |

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