XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Other Debt | 12 Months Ended
--- | ---
Dec. 31, 2024
Debt Disclosure [Abstract] |
Other Debt | Note 10. Other Debt The Company’s other debt as of December 31, 2024 and 2023 were as follows:
|  | December 31, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Federal Home Loan Bank of Des Moines Advances |  | $ | 550,000 |  |  | $ | 550,000 |
Finance Lease Obligations |  |  | 8,274 |  |  |  | 10,190 |
Total |  | $ | 558,274 |  |  | $ | 560,190 |
As of December 31, 2024, FHLB advances totaled $550.0 million with a weighted-average interest rate of 4.13% and maturity dates ranging from 2026 to 2028. As of December 31, 2024, the Company had an undrawn line of credit with the FHLB of $1.7 billion. As of December 31, 2024, the Company had an undrawn line of credit with the FRB of $7.4 billion. Finance lease obligations relate to office space at the Company’s headquarters. The lease began in 1993 and has a 60 year term. As of December 31, 2024, the annual maturities of the Company's other debt, exclusive of finance lease obligations, were expected to be as follows:
(dollars in thousands) |  | Amount |
2025 |  | $ | — |
2026 |  |  | 50,000 |
2027 |  |  | 400,000 |
2028 |  |  | 100,000 |
2029 |  |  | — |
Total |  | $ | 550,000 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration