Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Schedule of the Company's Common and Preferred Stock

A summary of the Company’s common and preferred stock at December 31, 2023 and 2022 is as follows:

	2023		2022
Common Stock:
Shares authorized	100,000,000		100,000,000
Shares issued	61,268,566		60,797,270
Shares outstanding	61,243,626		60,794,008
Cash dividend per share	$	1.60	$	1.36
Preferred Stock:
Shares authorized	20,000,000		20,000,000
Shares issued	5,011,500		5,011,500
Shares outstanding	5,011,500		5,011,500

Schedule of Components of Other Comprehensive Income (Loss)

The following tables summarize the components of other comprehensive income or loss, including the related income tax effects, and the related amount reclassified to net income for the years ended December 31, 2023, 2022 and 2021:

(In thousands)	Accumulated Unrealized Gains (Losses) on Securities		Accumulated Unrealized Gains (Losses) on Derivative Instruments		Accumulated Foreign Currency Translation Adjustments		Total Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2023	$	(386,057)	$	7,381	$	(48,960)	$	(427,636)
Other comprehensive income (loss) during the period, net of tax, before reclassifications	36,214		(16,334)		6,377		26,257
Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax	(699)		41,002		—		40,303
Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale, net of tax	(155)		—		—		(155)
Net other comprehensive income during the period, net of tax	$	35,360	$	24,668	$	6,377	$	66,405
Balance at December 31, 2023	$	(350,697)	$	32,049	$	(42,583)	$	(361,231)
Balance at January 1, 2022	$	8,724	$	27,111	$	(31,743)	$	4,092
Other comprehensive loss during the period, net of tax, before reclassifications	(394,332)		(17,295)		(17,217)		(428,844)
Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax	(321)		(2,435)		—		(2,756)
Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale, net of tax	(128)		—		—		(128)
Net other comprehensive loss during the period, net of tax	$	(394,781)	$	(19,730)	$	(17,217)	$	(431,728)
Balance at December 31, 2022	$	(386,057)	$	7,381	$	(48,960)	$	(427,636)
Balance at January 1, 2021	$	70,737	$	(23,090)	$	(32,265)	$	15,382
Other comprehensive (loss) income during the period, net of tax, before reclassifications	(61,047)		30,482		522		(30,043)
Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax	(789)		19,719		—		18,930
Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale, net of tax	(177)		—		—		(177)
Net other comprehensive (loss) income during the period, net of tax	$	(62,013)	$	50,201	$	522	$	(11,290)
Balance at December 31, 2021	$	8,724	$	27,111	$	(31,743)	$	4,092

Schedule of Other Comprehensive Income Reclassified from AOCI

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) for the Years Ended,
Details Regarding the Component of Accumulated Other Comprehensive Income (Loss)	December 31,				Impacted Line on the Consolidated Statements of Income
	2023		2022
	(In thousands)
Accumulated unrealized gains on available-for-sale securities
Gains included in net income	$	951	$	439	Gains (losses) on investment securities, net
	951		439		Income before taxes
Tax effect	(252)		(118)		Income tax expense
Net of tax	$	699	$	321	Net income
Accumulated unrealized gains (losses) on derivative instruments
Amount reclassified to interest income on loans	$	74,616	$	1,443	Interest and fees on loans
Amount reclassified to interest expense on deposits	(19,559)		(5,675)		Interest on deposits
Amount reclassified to interest expense on other borrowings	789		913		Interest on other borrowings
	(55,846)		3,319		Income before taxes
Tax effect	14,844		(884)		Income tax expense
Net of tax	$	(41,002)	$	2,435	Net income