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Other Borrowings and Subordinated Notes and Debentures (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Debt | Debt at September 30, 2021 and December 31, 2020 consisted of the following components:
| September 30, |  | December 31,
(In thousands) | 2021 |  | 2020
Other Borrowings |  |  |
FHLB advances, net of discount, due 2022 to 2035, 0.23% to 7.37% secured by real estate loans | $ | 1,306,360 |  |  | $ | 1,308,674 |
Other long-term debt | 32,225 |  |  | 33,393 |
Total other borrowings | 1,338,585 |  |  | 1,342,067 |
Subordinated Notes and Debentures |  |  |
Subordinated notes payable, due 4/1/2028, fixed-to-floating rate (fixed rate of 5.00% through 3/31/2023, floating rate of 2.15% above the three month LIBOR rate, reset quarterly) | 330,000 |  |  | 330,000 |
Trust preferred securities, due 9/15/2037, floating rate of 1.37% above the three month LIBOR rate, reset quarterly | 10,310 |  |  | 10,310 |
Trust preferred securities, due 6/6/2037, floating rate of 1.57% above the three month LIBOR rate, reset quarterly, callable without penalty | 10,310 |  |  | 10,310 |
Trust preferred securities, due 12/15/2035, floating rate of 1.45% above the three month LIBOR rate, reset quarterly, callable without penalty | 6,702 |  |  | 6,702 |
Trust preferred securities, net of discount, due 6/15/2037, floating rate of 1.85% above the three month LIBOR rate, reset quarterly, callable without penalty | 25,290 |  |  | 25,172 |
Trust preferred securities, net of discount, due 12/15/2036, floating rate of 1.85% above the three month LIBOR rate, reset quarterly, callable without penalty | 3,036 |  |  | 3,023 |
Unamortized debt issuance costs | (2,370) |  |  | (2,643) |
Total subordinated notes and debentures | 383,278 |  |  | 382,874 |
Total other borrowings and subordinated debt | $ | 1,721,863 |  |  | $ | 1,724,941 |
Aggregate Annual Maturities of Long-term Debt | Aggregate annual maturities of long-term debt at September 30, 2021, are as follows:
Year |  | (In thousands)
Remainder of 2021 |  | $ | 451 |
2022 |  | 1,727 |
2023 |  | 1,686 |
2024 |  | 2,327 |
2025 |  | 4,876 |
Thereafter |  | 1,710,796 |
Total |  | $ | 1,721,863 |

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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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