XML 123 R85.htm IDEA: XBRL DOCUMENT v3.26.1
Fair Value Measurements - Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) $ 2,656,332 [1] $ 2,454,058 [2]
Equity Securities, FV-NI 1,082 2
Other Borrowings, Fair Value Disclosure 111,250 113,634
Credit-linked notes    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other Borrowings, Fair Value Disclosure 111,250 113,634
Agency commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 50,981 50,966
Agency residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 1,104,183 871,624
Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 231,958 241,596
Private label residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 233,184 228,975
Collateralized loan obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 200,374 200,822
Private label commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 8,270 9,279
Asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 12,661 13,249
SBA securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 3,060 3,462
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Warrants Not Settleable in Cash, Fair Value Disclosure   3,437
Fair Value, Measurements, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 2,656,332 2,454,058
Cash Flow Hedge Derivative Instrument Assets at Fair Value [3] 5,818  
Interest rate and foreign exchange contracts 4,362 [3] 4,124
Warrants Not Settleable in Cash, Fair Value Disclosure 3,363 [3] 3,437
Cash flow hedges in Cash, Fair Value Disclosure, Liabilities 1,838 4,065
Derivative Liability, Fair Value of Collateral 4,461 4,156
Fair Value, Measurements, Recurring | Government agency and government-sponsored enterprise pass through securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 811,661 834,085
Fair Value, Measurements, Recurring | Agency commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 50,981 50,966
Fair Value, Measurements, Recurring | Agency residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 1,104,183 871,624
Fair Value, Measurements, Recurring | Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 231,958 241,596
Fair Value, Measurements, Recurring | Private label residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 233,184 228,975
Fair Value, Measurements, Recurring | Collateralized loan obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 200,374 200,822
Fair Value, Measurements, Recurring | Private label commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 8,270 9,279
Fair Value, Measurements, Recurring | Asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 12,661 13,249
Fair Value, Measurements, Recurring | SBA securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 3,060 3,462
Fair Value, Measurements, Recurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Equity Securities, FV-NI 1,082 2
Cash Flow Hedge Derivative Instrument Assets at Fair Value 0  
Interest rate and foreign exchange contracts 0 0
Warrants Not Settleable in Cash, Fair Value Disclosure 0 0
Cash flow hedges in Cash, Fair Value Disclosure, Liabilities 0 0
Derivative Liability, Fair Value of Collateral 0 0
Other Borrowings 0 0
Fair Value, Measurements, Recurring | Level 1 | Government agency and government-sponsored enterprise pass through securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Agency commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Agency residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Private label residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Collateralized loan obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Private label commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | Asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 1 | SBA securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 2,654,082 2,451,688
Equity Securities, FV-NI 0 0
Cash Flow Hedge Derivative Instrument Assets at Fair Value 5,818  
Interest rate and foreign exchange contracts 4,362 4,124
Warrants Not Settleable in Cash, Fair Value Disclosure 0 0
Cash flow hedges in Cash, Fair Value Disclosure, Liabilities 1,838 4,065
Derivative Liability, Fair Value of Collateral 4,461 4,156
Other Borrowings 0 0
Fair Value, Measurements, Recurring | Level 2 | Government agency and government-sponsored enterprise pass through securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 811,661 834,085
Fair Value, Measurements, Recurring | Level 2 | Agency commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 50,981 50,966
Fair Value, Measurements, Recurring | Level 2 | Agency residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 1,104,183 871,624
Fair Value, Measurements, Recurring | Level 2 | Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 229,708 239,226
Fair Value, Measurements, Recurring | Level 2 | Private label residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 233,184 228,975
Fair Value, Measurements, Recurring | Level 2 | Collateralized loan obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 200,374 200,822
Fair Value, Measurements, Recurring | Level 2 | Private label commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 8,270 9,279
Fair Value, Measurements, Recurring | Level 2 | Asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 12,661 13,249
Fair Value, Measurements, Recurring | Level 2 | SBA securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 3,060 3,462
Fair Value, Measurements, Recurring | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 2,250 2,370
Equity Securities, FV-NI 0 0
Cash Flow Hedge Derivative Instrument Assets at Fair Value 0  
Interest rate and foreign exchange contracts 0 0
Warrants Not Settleable in Cash, Fair Value Disclosure 3,363 3,437
Cash flow hedges in Cash, Fair Value Disclosure, Liabilities 0 0
Derivative Liability, Fair Value of Collateral 0 0
Other Borrowings 111,250 113,634
Fair Value, Measurements, Recurring | Level 3 | Government agency and government-sponsored enterprise pass through securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Agency commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Agency residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Corporate debt securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 2,250 2,370
Fair Value, Measurements, Recurring | Level 3 | Private label residential CMOs    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Collateralized loan obligations    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Private label commercial MBS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | Asset-backed securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) 0 0
Fair Value, Measurements, Recurring | Level 3 | SBA securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,857,903 and $2,646,414, respectively) $ 0 $ 0
[1] Excludes accrued interest receivable of $12.3 million at March 31, 2026 which is recorded in "Other assets" on the consolidated balance sheets.
[2] Excludes accrued interest receivable of $11.4 million at December 31, 2025 which is recorded in "Other assets" on the consolidated balance sheets.
[3] For information regarding derivative instruments, see "Note 9. Derivatives".