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Fair Value Of Financial Instruments
 3 Months Ended
Mar. 31, 2025
Fair Value Of Financial Instruments [Abstract]  
Fair Value of Financial Instruments Fair Value of Financial Instruments
The carrying amounts and estimated fair values of financial instruments held by the Company are set forth below. Fair value estimates are made at a specific point in time based on relevant market information. They do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for many of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, risk characteristics and economic conditions. These estimates are subjective, involve uncertainties, and cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

The estimated fair values of the Company’s financial instruments and the classification of their fair value measurement within the valuation hierarchy are as follows at March 31, 2025 and December 31, 2024:

Carrying Amount
Estimated Fair Value at March 31, 2025

(In thousands)

Level 1Level 2Level 3Total
Financial Assets
Loans:
Business$6,239,276 $— $— $6,150,944 $6,150,944 
Real estate - construction and land
1,419,572 — — 1,394,466 1,394,466 
Real estate - business
3,628,635 — — 3,556,181 3,556,181 
Real estate - personal
3,047,809 — — 2,730,015 2,730,015 
Consumer
2,116,160 — — 2,098,352 2,098,352 
Revolving home equity356,675 — — 353,533 353,533 
Consumer credit card568,163 — — 518,592 518,592 
Overdrafts
3,131 — — 3,003 3,003 
Total loans17,379,421 — — 16,805,086 16,805,086 
Loans held for sale2,890 — 2,890 — 2,890 
Investment securities9,591,837 2,685,911 6,683,609 222,317 9,591,837 
Securities purchased under agreements to resell850,000 — — 865,070 865,070 
Interest earning deposits with banks2,756,521 2,756,521 — — 2,756,521 
Cash and due from banks517,332 517,332 — — 517,332 
Derivative instruments69,339 — 69,189 150 69,339 
Assets held in trust for deferred compensation plan20,873 20,873 — — 20,873 
       Total$31,188,213 $5,980,637 $6,755,688 $17,892,623 $30,628,948 
Financial Liabilities
Non-interest bearing deposits$7,518,243 $7,518,243 $— $— $7,518,243 
Savings, interest checking and money market deposits15,975,283 15,975,283 — — 15,975,283 
Certificates of deposit2,348,271 — — 2,373,983 2,373,983 
Federal funds purchased132,370 132,370 — — 132,370 
Securities sold under agreements to repurchase2,267,666 — — 2,270,404 2,270,404 
Other borrowings17,659 14,746 2,913 — 17,659 
Derivative instruments23,312 — 23,233 79 23,312 
Liabilities held in trust for deferred compensation plan20,873 20,873 — — 20,873 
       Total$28,303,677 $23,661,515 $26,146 $4,644,466 $28,332,127 
Carrying Amount
Estimated Fair Value at December 31, 2024

(In thousands)
Level 1Level 2Level 3Total
Financial Assets
Loans:
Business$6,053,820 $— $— $5,943,565 $5,943,565 
Real estate - construction and land
1,409,901 — — 1,384,029 1,384,029 
Real estate - business
3,661,218 — — 3,558,862 3,558,862 
Real estate - personal
3,058,195 — — 2,738,880 2,738,880 
Consumer
2,073,123 — — 2,053,191 2,053,191 
Revolving home equity356,650 — — 353,731 353,731 
Consumer credit card595,930 — — 549,874 549,874 
Overdrafts
11,266 — — 11,120 11,120 
Total loans17,220,103 — — 16,593,252 16,593,252 
Loans held for sale3,242 — 3,242 — 3,242 
Investment securities9,453,297 2,613,830 6,608,452 231,015 9,453,297 
Federal funds sold3,000 3,000 — — 3,000 
Securities purchased under agreements to resell625,000 — — 622,021 622,021 
Interest earning deposits with banks2,624,553 2,624,553 — — 2,624,553 
Cash and due from banks748,357 748,357 — — 748,357 
Derivative instruments62,648 — 62,555 93 62,648 
Assets held in trust for deferred compensation plan21,849 21,849 — — 21,849 
       Total$30,762,049 $6,011,589 $6,674,249 $17,446,381 $30,132,219 
Financial Liabilities
Non-interest bearing deposits$8,150,669 $8,150,669 $— $— $8,150,669 
Savings, interest checking and money market deposits14,754,571 14,754,571 — — 14,754,571 
Certificates of deposit2,388,404 — — 2,409,537 2,409,537 
Federal funds purchased123,715 123,715 — — 123,715 
Securities sold under agreements to repurchase2,803,043 — — 2,806,428 2,806,428 
Derivative instruments26,963 — 26,905 58 26,963 
Liabilities held in trust for deferred compensation plan21,849 21,849 — — 21,849 
       Total$28,269,214 $23,050,804 $26,905 $5,216,023 $28,293,732