FHLB Advances, Other Borrowings and Subordinated Notes (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Summary of Debt

The following table is a summary of FHLB advances, other borrowings and subordinated notes as of the dates shown:

(In thousands)	March 31, 2021		December 31, 2020		March 31, 2020
FHLB advances	$	1,228,436	$	1,228,429	$	1,174,894
Other borrowings:
Notes payable	96,363		101,710		167,746
Short-term borrowings	12,416		11,366		12,127
Other	64,659		65,108		66,266
Secured borrowings	343,439		340,744		241,364
Total other borrowings	516,877		518,928		487,503
Subordinated notes	436,595		436,506		436,179
Total FHLB advances, other borrowings and subordinated notes	$	2,181,908	$	2,183,863	$	2,098,576

Summary of Pledged Securities Related to Securities Sold Under Repurchase Agreements

The following is a summary of these securities pledged as of March 31, 2021 disaggregated by investment category and maturity of the related customer sweep account, and reconciled to the outstanding balance of securities sold under repurchase agreements:

(In thousands)	Overnight Sweep Collateral
Available-for-sale securities pledged
Mortgage-backed securities	$	20,580
Total collateral pledged	20,580
Excess collateral	8,164
Securities sold under repurchase agreements	$	12,416