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v3.23.1

Other Borrowings and Subordinated Notes and Debentures (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Debt | Debt at March 31, 2023 and December 31, 2022 consisted of the following components:
| March 31, |  | December 31,
(In thousands) | 2023 |  | 2022
Other Borrowings |  |  |
FHLB advances, net of discount, due 2023 to 2033, 4.56% to 5.53% secured by real estate loans | $ | 1,003,429 |  |  | $ | 838,487 |
Other long-term debt | 20,397 |  |  | 20,809 |
Total other borrowings | 1,023,826 |  |  | 859,296 |
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) | 37,256 |  |  | 37,285 |
Unamortized debt issuance costs | (1,229) |  |  | (1,296) |
Total subordinated notes and debentures | 366,027 |  |  | 365,989 |
Total other borrowings and subordinated debt | $ | 1,389,853 |  |  | $ | 1,225,285 |
Schedule of Aggregate Annual Maturities of Long-term Debt | Aggregate annual maturities of long-term debt at March 31, 2023, are as follows:
Year |  | (In thousands)
Remainder of 2023 |  | $ | 1,330 |
2024 |  | 1,822 |
2025 |  | 1,822 |
2026 |  | 1,824 |
2027 |  | 1,920 |
Thereafter |  | 381,128 |
Total |  | $ | 389,846 |

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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 maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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