FHLB Advances, Other Borrowings and Subordinated Notes (Tables)

9 Months Ended

Sep. 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)	September 30, 2022		December 31, 2021		September 30, 2021
FHLB advances	$	2,316,071	$	1,241,071	$	1,241,071
Other borrowings:
Notes payable	64,268		80,319		85,668
Short-term borrowings	9,212		9,198		14,051
Secured borrowings	311,958		341,327		341,038
Other	61,777		63,292		63,770
Total other borrowings	447,215		494,136		504,527
Subordinated notes	437,260		436,938		436,811
Total FHLB advances, other borrowings and subordinated notes	$	3,200,546	$	2,172,145	$	2,182,409

Schedule of Financial Instruments Owned and Pledged as Collateral

The following is a summary of these securities pledged as of September 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
U.S. government agencies	$	9,122
Mortgage-backed securities	8,972
Total collateral pledged	18,094
Excess collateral	8,882
Securities sold under repurchase agreements	$	9,212