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Fair Value Measurements - Schedule of Book Value and Estimated Fair Value of Significant Financial Instruments Not Recorded at Fair Value (Details) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Financial Assets: |  |
Debt securities held-to-maturity | $ 1,029,965 | $ 1,068,438
Restricted equity investments | 85,689 | 93,766
Financial Liabilities: |  |
Time deposits | 2,320,036 | 2,445,422
Securities sold under agreements to repurchase with customers | 66,798 | 73,148
Level 1 Inputs |  |
Financial Assets: |  |
Cash and due from banks | 130,422 | 153,718
Debt securities held-to-maturity | 0 | 0
Restricted equity investments | 0 | 0
Loans receivable, net and loans held-for-sale | 0 | 0
Financial Liabilities: |  |
Deposits other than time deposits | 0 | 0
Time deposits | 0 | 0
FHLB advances and other borrowings | 0 | 0
Securities sold under agreements to repurchase with customers | 66,798 | 73,148
Level 2 Inputs |  |
Financial Assets: |  |
Cash and due from banks | 0 | 0
Debt securities held-to-maturity | 1,029,965 | 1,068,438
Restricted equity investments | 0 | 0
Loans receivable, net and loans held-for-sale | 0 | 0
Financial Liabilities: |  |
Deposits other than time deposits | 7,916,815 | 7,989,527
Time deposits | 2,313,553 | 2,421,058
FHLB advances and other borrowings | 1,068,119 | 1,008,351
Securities sold under agreements to repurchase with customers | 0 | 0
Level 3 Inputs |  |
Financial Assets: |  |
Cash and due from banks | 0 | 0
Debt securities held-to-maturity | 0 | 0
Restricted equity investments | 85,689 | 93,766
Loans receivable, net and loans held-for-sale | 9,486,375 | 9,606,498
Financial Liabilities: |  |
Deposits other than time deposits | 0 | 0
Time deposits | 0 | 0
FHLB advances and other borrowings | 0 | 0
Securities sold under agreements to repurchase with customers | 0 | 0
Book Value |  |
Financial Assets: |  |
Cash and due from banks | 130,422 | 153,718
Debt securities held-to-maturity | 1,128,666 | 1,159,735
Restricted equity investments | 85,689 | 93,766
Loans receivable, net and loans held-for-sale | 10,072,911 | 10,141,887
Financial Liabilities: |  |
Deposits other than time deposits | 7,916,815 | 7,989,527
Time deposits | 2,320,036 | 2,445,422
FHLB advances and other borrowings | 1,084,158 | 1,045,092
Securities sold under agreements to repurchase with customers | $ 66,798 | $ 73,148

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
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- Definition Fair value portion of borrowing from Federal Home Loan Bank (FHLBank). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13(3)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
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