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Other Borrowings and Subordinated Debentures (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | Debt at December 31, 2022 and 2021 consisted of the following components:
(In thousands) | 2022 |  | 2021
Other Borrowings |  |  |
FHLB advances, net of discount, due 2023 to 2033, 1.88% to 5.53%, secured by real estate loans | $ | 838,487 |  |  | $ | 1,306,143 |
Other long-term debt | 20,809 |  |  | 31,830 |
Total other borrowings | 859,296 |  |  | 1,337,973 |
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 |
Subordinated notes payable, net of premium adjustments, due 7/31/2030, fixed-to-floating rate (fixed rate of 6.00% through 7/30/2025, floating rate of 5.92% above the three month SOFR rate, reset quarterly) | 37,285 |  |  | — |
Trust preferred securities, net of discount, due 9/15/2037, floating rate of 1.37% above the three month LIBOR rate, reset quarterly | — |  |  | 10,310 |
Trust preferred securities, net of discount, due 6/6/2037, floating rate of 1.57% above the three month LIBOR rate, reset quarterly, callable without penalty | — |  |  | 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 |
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 | — |  |  | 25,329 |
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 | — |  |  | 3,041 |
Unamortized debt issuance costs | (1,296) |  |  | (1,561) |
Total subordinated notes and debentures | 365,989 |  |  | 384,131 |
Total other borrowings and subordinated debt | $ | 1,225,285 |  |  | $ | 1,722,104 |
Schedule of Aggregate Annual Maturities of Long-term Debt | Aggregate annual maturities of long-term debt at December 31, 2022, are as follows:
Year | (In thousands)
2023 | $ | 1,768 |
2024 | 1,822 |
2025 | 1,822 |
2026 | 1,824 |
2027 | 1,920 |
Thereafter | 381,129 |
Total | $ | 390,285 |

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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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