XML 82 R62.htm IDEA: XBRL DOCUMENT v3.25.1
Debt - Narrative (Details) - USD ($)
3 Months Ended
Jan. 13, 2022
Aug. 31, 2020
Mar. 31, 2025
Mar. 31, 2024
Aug. 31, 2020
Dec. 31, 2024
Debt Conversion [Line Items]            
Loans pledged to the FHLB     $ 2,666,181,000     $ 2,733,150,000
Total borrowing capacity with the FHLB     1,615,162,000     $ 1,669,888,000
Additional borrowing availability with the FHLB     1,472,919,000      
Amortization of issuance costs on subordinated debt     37,000 $ 37,000    
Trust preferred securities, aggregate liquidation valuation amount     419,000      
Trust Preferred Securities | New Mexico Banquest Capital Trust I (NMBCT I)            
Debt Conversion [Line Items]            
Debt instrument, face amount     9,279,000      
Trust Preferred Securities | New Mexico Banquest Capital Trust II (NMBCT II)            
Debt Conversion [Line Items]            
Debt instrument, face amount     4,640,000      
Subordinated Notes Due July 1, 2030 | Subordinated Debt            
Debt Conversion [Line Items]            
Debt instrument, face amount   $ 40,000,000     $ 40,000,000  
Debt instrument, interest rate   6.00%     6.00%  
Debt redemption period from issuance date         5 years  
Costs related to the issuance of the subordinated notes   $ 933,000     $ 933,000  
Amortization of issuance costs on subordinated debt   $ 0        
Subordinated Notes Due January 15, 2032 | Subordinated Debt            
Debt Conversion [Line Items]            
Debt instrument, face amount $ 25,000,000          
Debt instrument, interest rate 3.375%          
Debt redemption period from issuance date 5 years          
Costs related to the issuance of the subordinated notes $ 534,000          
Amortization of issuance costs on subordinated debt $ 0          
Subordinated Debt related to Trust Preferred Securities | Subordinated Debt            
Debt Conversion [Line Items]            
Debt instrument, face amount     13,919,000      
Debt discount on the convertible notes     $ 4,293,000      
SOFR | Subordinated Notes Due July 1, 2030 | Subordinated Debt            
Debt Conversion [Line Items]            
Interest rate margin on variable rate basis         5.89%  
SOFR | Subordinated Notes Due January 15, 2032 | Subordinated Debt            
Debt Conversion [Line Items]            
Interest rate margin on variable rate basis 2.03%          
LIBOR | Trust Preferred Securities | New Mexico Banquest Capital Trust I (NMBCT I)            
Debt Conversion [Line Items]            
Interest rate margin on variable rate basis     3.35%      
Rate     7.91% 8.51%    
LIBOR | Trust Preferred Securities | New Mexico Banquest Capital Trust II (NMBCT II)            
Debt Conversion [Line Items]            
Interest rate margin on variable rate basis     2.00%      
Rate     6.59% 7.39%    
Line of Credit | Other Financial Institutions            
Debt Conversion [Line Items]            
Line of credit facility, maximum borrowing capacity     $ 160,000,000      
Line of credit outstanding     0      
Line of Credit | Federal Reserve Bank stock            
Debt Conversion [Line Items]            
Line of credit facility, maximum borrowing capacity     2,054,342,000      
Debt collateral amount     2,470,044,000      
Line of credit outstanding     $ 0      
Line of Credit | Federal Reserve Bank stock | Fed Funds target rate            
Debt Conversion [Line Items]            
Interest rate margin on variable rate basis     0.50%