XML 87 R64.htm IDEA: XBRL DOCUMENT v3.25.0.1
Securities - Schedule of Debt Securities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
AFS debt securities:    
Amortized Cost $ 11,505,775 $ 6,916,491
Gross Unrealized Gains 15,273 783
Gross Unrealized Losses (674,237) (728,937)
Fair Value 10,846,811 6,188,337
HTM debt securities    
Amortized Cost 2,917,413 2,956,040
Gross Unrealized Gains 0 0
Gross Unrealized Losses (529,659) (502,069)
Fair Value 2,387,754 2,453,971
Total debt securities    
Amortized Cost 14,423,188 9,872,531
Gross Unrealized Gains 15,273 783
Gross Unrealized Losses (1,203,896) (1,231,006)
Fair Value 13,234,565 8,642,308
AFS and HTM, accrued interest 45,000 44,000
Government National Mortgage Association (GNMA)    
AFS debt securities:    
Amortized Cost 7,300,000 1,300,000
Fair Value 7,200,000 1,200,000
HTM debt securities    
Amortized Cost 86,000 92,000
Fair Value 68,000 75,000
U.S. Treasury securities    
AFS debt securities:    
Amortized Cost 676,300 1,112,587
Gross Unrealized Gains 0 101
Gross Unrealized Losses (38,035) (52,313)
Fair Value 638,265 1,060,375
HTM debt securities    
Amortized Cost 535,080 529,548
Gross Unrealized Gains 0 0
Gross Unrealized Losses (35,222) (40,997)
Fair Value 499,858 488,551
U.S. government agency and U.S. government-sponsored enterprise debt securities    
AFS debt securities:    
Amortized Cost 308,220 412,086
Gross Unrealized Gains 0 0
Gross Unrealized Losses (45,633) (47,640)
Fair Value 262,587 364,446
HTM debt securities    
Amortized Cost 1,004,479 1,001,836
Gross Unrealized Gains 0 0
Gross Unrealized Losses (200,259) (186,904)
Fair Value 804,220 814,932
US government agencies And U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
AFS debt securities:    
Amortized Cost 472,535 531,377
Gross Unrealized Gains 886 158
Gross Unrealized Losses (47,207) (63,276)
Fair Value 426,214 468,259
HTM debt securities    
Amortized Cost 486,388 493,348
Gross Unrealized Gains 0 0
Gross Unrealized Losses (91,461) (88,968)
Fair Value 394,927 404,380
US government agencies And U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
AFS debt securities:    
Amortized Cost 7,974,768 1,956,927
Gross Unrealized Gains 12,278 380
Gross Unrealized Losses (248,786) (229,713)
Fair Value 7,738,260 1,727,594
HTM debt securities    
Amortized Cost 703,833 742,436
Gross Unrealized Gains 0 0
Gross Unrealized Losses (155,626) (142,119)
Fair Value 548,207 600,317
Municipal securities    
AFS debt securities:    
Amortized Cost 287,301 297,283
Gross Unrealized Gains 38 75
Gross Unrealized Losses (37,186) (36,342)
Fair Value 250,153 261,016
HTM debt securities    
Amortized Cost 187,633 188,872
Gross Unrealized Gains 0 0
Gross Unrealized Losses (47,091) (43,081)
Fair Value 140,542 145,791
Non-agency commercial mortgage-backed Securities    
AFS debt securities:    
Amortized Cost 294,235 409,578
Gross Unrealized Gains 2 0
Gross Unrealized Losses (35,767) (42,062)
Fair Value 258,470 367,516
Non-agency residential mortgage-backed Securities    
AFS debt securities:    
Amortized Cost 514,527 643,335
Gross Unrealized Gains 0 0
Gross Unrealized Losses (80,919) (89,664)
Fair Value 433,608 553,671
Corporate debt securities    
AFS debt securities:    
Amortized Cost 653,500 653,501
Gross Unrealized Gains 0 0
Gross Unrealized Losses (127,334) (151,076)
Fair Value 526,166 502,425
Foreign government bonds    
AFS debt securities:    
Amortized Cost 244,803 239,333
Gross Unrealized Gains 2,069 69
Gross Unrealized Losses (12,992) (11,528)
Fair Value 233,880 227,874
Asset-backed securities    
AFS debt securities:    
Amortized Cost 35,086 43,234
Gross Unrealized Gains 0 0
Gross Unrealized Losses (371) (934)
Fair Value 34,715 42,300
Collateralized loan obligations (“CLOs”)    
AFS debt securities:    
Amortized Cost 44,500 617,250
Gross Unrealized Gains 0 0
Gross Unrealized Losses (7) (4,389)
Fair Value $ 44,493 $ 612,861