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FHLB Advances, Other Borrowings and Subordinated Notes (Tables)
3 Months Ended
Mar. 31, 2022
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,
2022
December 31,
2021
March 31,
2021
FHLB advances$1,241,071 $1,241,071 $1,228,436 
Other borrowings:
Notes payable74,969 80,319 96,363 
Short-term borrowings15,872 9,198 12,416 
Secured borrowings328,889 341,327 343,439 
Other62,786 63,292 64,659 
Total other borrowings482,516 494,136 516,877 
Subordinated notes437,033 436,938 436,595 
Total FHLB advances, other borrowings and subordinated notes$2,160,620 $2,172,145 $2,181,908 
Schedule of Financial Instruments Owned and Pledged as Collateral
The following is a summary of these securities pledged as of March 31, 2022 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
U.S. Government agencies$10,091 
Mortgage-backed securities37,267 
Total collateral pledged47,358 
Excess collateral31,486 
Securities sold under repurchase agreements$15,872