XML 95 R56.htm IDEA: XBRL DOCUMENT v3.25.4
Fair Value Measurement and Fair Value of Financial Instruments - Schedule Of Financial Assets (Liabilities) Measured At Fair Value On a Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Affordable housing partnership, tax credit and CRA investments, net:    
Total affordable housing partnership, tax credit and CRA investments, net $ 969,492 $ 926,640
Derivative assets:    
Derivative assets - Fair value 409,467 523,133
Net derivative assets 151,942 95,841
Derivative liabilities - Fair value 385,973 545,885
Net derivative liabilities 284,333 433,601
Fair Value 13,212,220 10,846,811
Government National Mortgage Association (GNMA)    
Derivative assets:    
Fair Value 9,600,000 7,200,000
U.S. Treasury securities    
Derivative assets:    
Fair Value 993,913 638,265
U.S. government agency and U.S. government sponsored enterprise debt securities    
Derivative assets:    
Fair Value 257,654 262,587
U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
Derivative assets:    
Fair Value 265,338 426,214
U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
Derivative assets:    
Fair Value 10,132,653 7,738,260
Municipal securities    
Derivative assets:    
Fair Value 243,102 250,153
Non-agency commercial mortgage-backed securities    
Derivative assets:    
Fair Value 190,948 258,470
Non-agency residential mortgage-backed Securities    
Derivative assets:    
Fair Value 393,787 433,608
Corporate debt securities    
Derivative assets:    
Fair Value 464,981 526,166
Foreign government bonds    
Derivative assets:    
Fair Value 238,455 233,880
Asset-backed securities    
Derivative assets:    
Fair Value 31,389 34,715
Collateralized loan obligations (“CLOs”)    
Derivative assets:    
Fair Value   44,493
Fair Value, Measurements, Recurring    
AFS debt securities:    
Fair Value 13,212,220 10,846,811
Affordable housing partnership, tax credit and CRA investments, net:    
Equity securities 26,396 25,021
Total affordable housing partnership, tax credit and CRA investments, net 26,396 25,021
Other assets:    
Equity securities 630 568
Total other assets 630 568
Derivative assets:    
Derivative assets - Fair value 409,467 523,133
Netting adjustments (257,525) (427,292)
Net derivative assets 151,942 95,841
Derivative liabilities - Fair value 385,973 545,885
Netting adjustments (101,640) (112,284)
Net derivative liabilities 284,333 433,601
Fair Value, Measurements, Recurring | Interest rate contracts    
Derivative assets:    
Derivative assets - Fair value 298,558 385,311
Derivative liabilities - Fair value 256,870 414,172
Fair Value, Measurements, Recurring | Foreign exchange contracts    
Derivative assets:    
Derivative assets - Fair value 44,340 89,083
Derivative liabilities - Fair value 43,160 71,254
Fair Value, Measurements, Recurring | Credit contracts    
Derivative assets:    
Derivative assets - Fair value 25 1
Derivative liabilities - Fair value 51 12
Fair Value, Measurements, Recurring | Equity contracts    
Derivative assets:    
Derivative assets - Fair value 522 239
Derivative liabilities - Fair value 13,734 15,119
Fair Value, Measurements, Recurring | Commodity contracts    
Derivative assets:    
Derivative assets - Fair value 66,022 48,499
Derivative liabilities - Fair value 72,158 45,328
Fair Value, Measurements, Recurring | U.S. Treasury securities    
AFS debt securities:    
Fair Value 993,913 638,265
Fair Value, Measurements, Recurring | U.S. government agency and U.S. government sponsored enterprise debt securities    
AFS debt securities:    
Fair Value 257,654 262,587
Fair Value, Measurements, Recurring | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 265,338 426,214
Fair Value, Measurements, Recurring | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
AFS debt securities:    
Fair Value 10,132,653 7,738,260
Fair Value, Measurements, Recurring | Municipal securities    
AFS debt securities:    
Fair Value 243,102 250,153
Fair Value, Measurements, Recurring | Non-agency commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 190,948 258,470
Fair Value, Measurements, Recurring | Non-agency residential mortgage-backed Securities    
AFS debt securities:    
Fair Value 393,787 433,608
Fair Value, Measurements, Recurring | Corporate debt securities    
AFS debt securities:    
Fair Value 464,981 526,166
Fair Value, Measurements, Recurring | Foreign government bonds    
AFS debt securities:    
Fair Value 238,455 233,880
Fair Value, Measurements, Recurring | Asset-backed securities    
AFS debt securities:    
Fair Value 31,389 34,715
Fair Value, Measurements, Recurring | Collateralized loan obligations (“CLOs”)    
AFS debt securities:    
Fair Value   44,493
Fair Value, Measurements, Recurring | Level 1    
AFS debt securities:    
Fair Value 993,913 638,265
Affordable housing partnership, tax credit and CRA investments, net:    
Equity securities 22,098 20,817
Total affordable housing partnership, tax credit and CRA investments, net 22,098 20,817
Other assets:    
Equity securities 630 568
Total other assets 630 568
Derivative assets:    
Derivative assets - Fair value 0 0
Netting adjustments 0 0
Net derivative assets 0 0
Derivative liabilities - Fair value 0 0
Netting adjustments 0 0
Net derivative liabilities 0 0
Fair Value, Measurements, Recurring | Level 1 | Interest rate contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign exchange contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Credit contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Equity contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | Commodity contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury securities    
AFS debt securities:    
Fair Value 993,913 638,265
Fair Value, Measurements, Recurring | Level 1 | U.S. government agency and U.S. government sponsored enterprise debt securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Municipal securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Non-agency commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Non-agency residential mortgage-backed Securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Corporate debt securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Foreign government bonds    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 1 | Collateralized loan obligations (“CLOs”)    
AFS debt securities:    
Fair Value   0
Fair Value, Measurements, Recurring | Level 2    
AFS debt securities:    
Fair Value 12,218,307 10,208,546
Affordable housing partnership, tax credit and CRA investments, net:    
Equity securities 4,298 4,204
Total affordable housing partnership, tax credit and CRA investments, net 4,298 4,204
Other assets:    
Equity securities 0 0
Total other assets 0 0
Derivative assets:    
Derivative assets - Fair value 408,945 522,894
Netting adjustments (257,525) (427,292)
Net derivative assets 151,420 95,602
Derivative liabilities - Fair value 372,239 530,766
Netting adjustments (101,640) (112,284)
Net derivative liabilities 270,599 418,482
Fair Value, Measurements, Recurring | Level 2 | Interest rate contracts    
Derivative assets:    
Derivative assets - Fair value 298,558 385,311
Derivative liabilities - Fair value 256,870 414,172
Fair Value, Measurements, Recurring | Level 2 | Foreign exchange contracts    
Derivative assets:    
Derivative assets - Fair value 44,340 89,083
Derivative liabilities - Fair value 43,160 71,254
Fair Value, Measurements, Recurring | Level 2 | Credit contracts    
Derivative assets:    
Derivative assets - Fair value 25 1
Derivative liabilities - Fair value 51 12
Fair Value, Measurements, Recurring | Level 2 | Equity contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 2 | Commodity contracts    
Derivative assets:    
Derivative assets - Fair value 66,022 48,499
Derivative liabilities - Fair value 72,158 45,328
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 2 | U.S. government agency and U.S. government sponsored enterprise debt securities    
AFS debt securities:    
Fair Value 257,654 262,587
Fair Value, Measurements, Recurring | Level 2 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 265,338 426,214
Fair Value, Measurements, Recurring | Level 2 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
AFS debt securities:    
Fair Value 10,132,653 7,738,260
Fair Value, Measurements, Recurring | Level 2 | Municipal securities    
AFS debt securities:    
Fair Value 243,102 250,153
Fair Value, Measurements, Recurring | Level 2 | Non-agency commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 190,948 258,470
Fair Value, Measurements, Recurring | Level 2 | Non-agency residential mortgage-backed Securities    
AFS debt securities:    
Fair Value 393,787 433,608
Fair Value, Measurements, Recurring | Level 2 | Corporate debt securities    
AFS debt securities:    
Fair Value 464,981 526,166
Fair Value, Measurements, Recurring | Level 2 | Foreign government bonds    
AFS debt securities:    
Fair Value 238,455 233,880
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities    
AFS debt securities:    
Fair Value 31,389 34,715
Fair Value, Measurements, Recurring | Level 2 | Collateralized loan obligations (“CLOs”)    
AFS debt securities:    
Fair Value   44,493
Fair Value, Measurements, Recurring | Level 3    
AFS debt securities:    
Fair Value 0 0
Affordable housing partnership, tax credit and CRA investments, net:    
Equity securities 0 0
Total affordable housing partnership, tax credit and CRA investments, net 0 0
Other assets:    
Equity securities 0 0
Total other assets 0 0
Derivative assets:    
Derivative assets - Fair value 522 239
Netting adjustments 0 0
Net derivative assets 522 239
Derivative liabilities - Fair value 13,734 15,119
Netting adjustments 0 0
Net derivative liabilities 13,734 15,119
Fair Value, Measurements, Recurring | Level 3 | Interest rate contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Foreign exchange contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Credit contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | Equity contracts    
Derivative assets:    
Derivative assets - Fair value 522 239
Derivative liabilities - Fair value 13,734 15,119
Fair Value, Measurements, Recurring | Level 3 | Commodity contracts    
Derivative assets:    
Derivative assets - Fair value 0 0
Derivative liabilities - Fair value 0 0
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | U.S. government agency and U.S. government sponsored enterprise debt securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | U.S. government agency and U.S. government-sponsored enterprise mortgage-backed securities - Residential mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Municipal securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Non-agency commercial mortgage-backed securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Non-agency residential mortgage-backed Securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Corporate debt securities    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Foreign government bonds    
AFS debt securities:    
Fair Value 0 0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities    
AFS debt securities:    
Fair Value $ 0 0
Fair Value, Measurements, Recurring | Level 3 | Collateralized loan obligations (“CLOs”)    
AFS debt securities:    
Fair Value   $ 0