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Borrowed Funds (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds
Borrowed funds at June 30, 2024 and December 31, 2023 were as follows (in thousands):
June 30,December 31,
20242023
FHLB advances$789,337 $848,636 
Securities sold under agreements to repurchase with customers80,000 73,148 
Other borrowings424,490 196,456 
Total borrowed funds$1,293,827 $1,118,240 
Schedule of Pledged Assets
The following table presents the assets pledged to secure borrowings, borrowing capacity, repurchase agreements, letters of credit, and for other purposes required by law at carrying value (in thousands):
LoansDebt securitiesTotal
June 30, 2024
FHLB and FRB$7,371,979 $1,164,150 $8,536,129 
Repurchase agreements— 91,946 91,946 
Total pledged assets$7,371,979 $1,256,096 $8,628,075 
December 31, 2023
FHLB and FRB$7,255,671 $1,051,558 $8,307,229 
Repurchase agreements— 103,416 103,416 
Total pledged assets$7,255,671 $1,154,974 $8,410,645