XML 70 R60.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Disclosures about Fair Value of Assets and Liabilities - Carrying Value and Estimated Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Financial assets:    
Securities held to maturity $ 1,176,178 $ 1,203,535
Loans held for sale 84,513 86,663
Carrying value per balance sheet    
Financial assets:    
Cash and cash equivalents 508,755 584,422
Securities purchased under agreements to resell 3,329 3,349
Securities held to maturity 1,175,167 1,204,217
FHLB stock 64,215 48,578
Loans held for sale 3,418,618 3,058,093
Loans receivable, net 10,690,513 10,127,801
Interest receivable 90,303 91,346
Financial liabilities:    
Deposits 13,975,661 14,061,460
Short-term subordinated debt 64,922 64,922
FHLB advances 1,426,299 771,392
Other borrowing 232,934 7,934
Credit linked notes 111,830 119,879
Interest payable 51,790 43,423
Estimated fair value    
Financial assets:    
Cash and cash equivalents 508,755 584,422
Securities purchased under agreements to resell 3,329 3,349
Securities held to maturity 1,176,178 1,203,535
FHLB stock 64,215 48,578
Loans held for sale 3,418,618 3,058,093
Loans receivable, net 10,646,477 10,088,468
Interest receivable 90,303 91,346
Financial liabilities:    
Deposits 13,973,624 14,062,457
Short-term subordinated debt 64,922 64,922
FHLB advances 1,425,888 771,029
Other borrowing 232,934 7,934
Credit linked notes 111,828 119,878
Interest payable 51,790 43,423
Level 1 | Estimated fair value    
Financial assets:    
Cash and cash equivalents 508,755 584,422
Financial liabilities:    
Deposits 8,018,126 8,894,058
Level 2 | Estimated fair value    
Financial assets:    
Securities purchased under agreements to resell 3,329 3,349
Securities held to maturity 466,573 484,288
FHLB stock 64,215 48,578
Loans held for sale 3,418,618 3,058,093
Interest receivable 90,303 91,346
Financial liabilities:    
Deposits 5,955,498 5,168,399
Short-term subordinated debt 64,922 64,922
FHLB advances 1,425,888 771,029
Other borrowing 232,934 7,934
Credit linked notes 111,828 119,878
Interest payable 51,790 43,423
Level 3 | Estimated fair value    
Financial assets:    
Securities held to maturity 709,605 719,247
Loans receivable, net $ 10,646,477 $ 10,088,468