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Other Assets
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

Note 7. Other Assets

The components of the Company’s other assets as of December 31, 2024 and 2023 were as follows:

 

 

 

December 31,

 

(dollars in thousands)

 

2024

 

 

2023

 

Low-Income Housing and Other Equity Investments

 

$

233,202

 

 

$

208,858

 

Deferred Tax Assets and Tax Receivable

 

 

172,499

 

 

 

183,691

 

Derivative Financial Instruments

 

 

161,473

 

 

 

95,069

 

Federal Home Loan Bank of Des Moines Stock

 

 

34,750

 

 

 

34,750

 

Federal Reserve Bank Stock

 

 

30,339

 

 

 

27,522

 

Prepaid Expenses

 

 

22,623

 

 

 

18,237

 

Deferred Compensation Plan Assets

 

 

18,155

 

 

 

13,448

 

Accounts Receivable

 

 

16,981

 

 

 

17,073

 

Foreclosed Real Estate

 

 

2,657

 

 

 

2,098

 

Other

 

 

44,279

 

 

 

40,810

 

Total Other Assets

 

$

736,958

 

 

$

641,556