FHLB Advances, Other Borrowings and Subordinated Notes (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of FHLB Advances, Other Borrowings and Subordinated Notes

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

(In thousands)	September 30, 2023		December 31, 2022		September 30, 2022
FHLB advances	$	2,326,071	$	2,316,071	$	2,316,071
Other borrowings:
Notes payable	178,411		199,793		64,268
Short-term borrowings	14,183		17,612		9,212
Secured borrowings	391,681		317,942		311,958
Other	59,724		61,267		61,777
Total other borrowings	643,999		596,614		447,215
Subordinated notes	437,731		437,392		437,260
Total FHLB advances, other borrowings and subordinated notes	$	3,407,801	$	3,350,077	$	3,200,546

Schedule of Financial Instruments Owned and Pledged as Collateral

The following is a summary of these securities pledged as of September 30, 2023 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	$	16,406
Excess collateral	2,223
Securities sold under repurchase agreements	$	14,183