FHLB Advances, Other Borrowings and Subordinated Notes (Tables)

6 Months Ended

Jun. 30, 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)	June 30, 2022		December 31, 2021		June 30, 2021
FHLB advances	$	1,166,071	$	1,241,071	$	1,241,071
Other borrowings:
Notes payable	69,619		80,319		91,016
Short-term borrowings	16,418		9,198		15,597
Secured borrowings	334,467		341,327		347,663
Other	62,283		63,292		64,217
Total other borrowings	482,787		494,136		518,493
Subordinated notes	437,162		436,938		436,719
Total FHLB advances, other borrowings and subordinated notes	$	2,086,020	$	2,172,145	$	2,196,283

Schedule of Financial Instruments Owned and Pledged as Collateral

The following is a summary of these securities pledged as of June 30, 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
Mortgage-backed securities	$	25,927
Total collateral pledged	25,927
Excess collateral	9,509
Securities sold under repurchase agreements	$	16,418