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v3.25.2

Other Borrowings and Subordinated Notes and Debentures (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | Debt at June 30, 2025 and December 31, 2024 consisted of the following components:
| June 30, |  | December 31,
(In thousands) | 2025 |  | 2024
Other Borrowings |  |  |
FHLB advances, net of discount, due 2025 to 2033, 4.38% to 5.53% secured by real estate loans | $ | 617,800 |  |  | $ | 727,945 |
Other long-term debt | 16,549 |  |  | 17,427 |
Total other borrowings | 634,349 |  |  | 745,372 |
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 SOFR 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) | 37,000 |  |  | 37,057 |
Unamortized debt issuance costs | (631) |  |  | (764) |
Total subordinated notes and debentures | 366,369 |  |  | 366,293 |
Total other borrowings and subordinated debt | $ | 1,000,718 |  |  | $ | 1,111,665 |
Schedule of Aggregate Annual Maturities of Long-term Debt | Aggregate annual maturities of long-term debt at June 30, 2025, are as follows:
Year |  | (In thousands)
Remainder of 2025 |  | $ | 875 |
2026 |  | 1,824 |
2027 |  | 1,919 |
2028 |  | 332,792 |
2029 |  | 10,190 |
Thereafter |  | 38,119 |
Total |  | $ | 385,719 |

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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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