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Borrowings and Other Short-term Liabilities (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Short- and Long-term Borrowings
A summary of the Corporation's short- and long-term borrowings, and other short-term liabilities follows:
 
 
December 31,
 
 
2018
 
2017
(Dollars in thousands)
 
Amount
 
Weighted Average Rate (1)
 
Amount
 
Weighted Average Rate (1)
Short-term borrowings:
 
 
 
 
 
 
 
 
FHLB advances: 2.46% - 2.59% fixed-rate notes
 
$
2,035,000

 
2.47
%
 
$
2,000,000

 
1.39
%
Long-term borrowings:
 
 
 
 
 
 
 
 
FHLB advances: 1.00% - 2.72% fixed-rate notes due 2019 to 2025(2)
 
410,102

 
2.00
%
 
337,204

 
1.26
%
Line-of-credit: floating-rate based on one-month LIBOR plus 1.75%
 
—

 
—

 
19,963

 
3.10
%
Subordinated debt obligations: floating-rate based on three-month LIBOR plus 1.45% - 2.85% due 2034 to 2035 (3)
 
11,572

 
4.85
%
 
11,425

 
3.69
%
Subordinated debt obligations: floating-rate based on three-month LIBOR plus 3.25% due in 2032 (4)
 
4,328

 
5.65
%
 
4,290

 
4.59
%
Total long-term borrowings
 
426,002

 
2.11
%
 
372,882

 
1.47
%
Total borrowings
 
$
2,461,002

 
2.41
%
 
$
2,372,882

 
1.40
%
Other short-term liabilities:
 
 
 
 
 
 
 
 
Collateralized customer deposits
 
$
382,687

 
0.75
%
 
$
415,236

 
0.44
%
(1) 
Weighted average rate presented is the contractual rate which excludes premiums and discounts related to purchase accounting.
(2) 
The December 31, 2018 balance includes advances payable of $410.0 million and purchase accounting premiums of $0.1 million. The December 31, 2017 balance includes advances payable of $337.0 million and purchase accounting premiums of $0.2 million.
(3) 
The December 31, 2018 balance includes advances payable of $15.0 million and purchase accounting discounts of $3.4 million. The December 31, 2017 balance includes advance payable of $15.0 million and purchase accounting discounts of $3.6 million.
(4) 
The December 31, 2018 balance includes advances payable of $5.0 million and purchase accounting discounts of $0.7 million. The December 31, 2017 balance includes advance payable of $5.0 million and purchase accounting discounts of $0.7 million.
Long-term Debt by Maturity
At December 31, 2018, the contractual principal payments due and the amortization/accretion of purchase accounting adjustments for the remaining maturities of long-term debt over the next five years and thereafter are as follows:
(Dollars in thousands)
Long-term Debt by Maturity
Years Ending December 31,
 
2019
$
100,058

2020
110,044

2021
—

2022
—

2023
—

Thereafter
215,900

Total
$
426,002