Balance Sheet Offsetting (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments Eligible for Offset Consolidated Balance Sheet

Information about financial instruments that are eligible for offset in the consolidated balance sheet as of September 30, 2022 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
September 30, 2022
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	77,794	$	—	$	77,794
Commodity swaps and options	49,414		—		49,414
Foreign currency forward contracts	1		—		1
Total derivatives	127,209		—		127,209
Resell agreements	12,150		—		12,150
Total	$	139,359	$	—	$	139,359
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps and caps	$	1,088	$	—	$	1,088
Commodity swaps and options	95,694		—		95,694
Foreign currency forward contracts	251		—		251
Total derivatives	97,033		—		97,033
Repurchase agreements	2,082,739		—		2,082,739
Total	$	2,179,772	$	—	$	2,179,772

Information about financial instruments that are eligible for offset in the consolidated balance sheet as of December 31, 2021 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
December 31, 2021
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	4,446	$	—	$	4,446
Commodity swaps and options	18,864		—		18,864
Total derivatives	23,339		—		23,339
Resell agreements	7,903		—		7,903
Total	$	31,242	$	—	$	31,242
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps and caps	$	19,176	$	—	$	19,176
Commodity swaps and options	94,843		—		94,843
Total derivatives	114,019		—		114,019
Repurchase agreements	2,740,799		—		2,740,799
Total	$	2,854,818	$	—	$	2,854,818

Financial Instruments Derivative Assets Liabilities and Resell Agreements Net of Amount Not Offset

			Gross Amounts Not Offset
	Net Amount Recognized		Financial Instruments		Collateral		Net Amount
September 30, 2022
Financial assets:
Derivatives:
Counterparty A	$	47	$	(47)	$	—	$	—
Counterparty B	44,271		(35,853)		(6,063)		2,355
Counterparty C	407		(251)		—		156
Other counterparties	82,484		(53,163)		(27,740)		1,581
Total derivatives	127,209		(89,314)		(33,803)		4,092
Resell agreements	12,150		—		(12,150)		—
Total	$	139,359	$	(89,314)	$	(45,953)	$	4,092
Financial liabilities:
Derivatives:
Counterparty A	$	1,081	$	(47)	$	(1,031)	$	3
Counterparty B	35,853		(35,853)		—		—
Counterparty C	251		(251)		—		—
Other counterparties	59,848		(53,163)		(6,685)		—
Total derivatives	97,033		(89,314)		(7,716)		3
Repurchase agreements	2,082,739		—		(2,082,739)		—
Total	$	2,179,772	$	(89,314)	$	(2,090,455)	$	3

			Gross Amounts Not Offset
	Net Amount Recognized		Financial Instruments		Collateral		Net Amount
December 31, 2021
Financial assets:
Derivatives:
Counterparty A	$	6	$	(6)	$	—	$	—
Counterparty B	7,655		(7,655)		—		—
Other counterparties	15,678		(15,678)		—		—
Total derivatives	23,339		(23,339)		—		—
Resell agreements	7,903		—		(7,903)		—
Total	$	31,242	$	(23,339)	$	(7,903)	$	—
Financial liabilities:
Derivatives:
Counterparty A	$	3,870	$	(6)	$	(3,864)	$	—
Counterparty B	28,130		(7,655)		(20,475)		—
Counterparty C	9		—		(9)		—
Other counterparties	82,010		(15,678)		(66,225)		107
Total derivatives	114,019		(23,339)		(90,573)		107
Repurchase agreements	2,740,799		—		(2,740,799)		—
Total	$	2,854,818	$	(23,339)	$	(2,831,372)	$	107

Remaining Contractual Maturity of the Securities Sold Under Agreement [Table Text Block]

The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of September 30, 2022 and December 31, 2021 is presented in the following tables.

	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater than 90 Days		Total
September 30, 2022
Repurchase agreements:
U.S. Treasury	$	1,348,705	$	—	$	—	$	—	$	1,348,705
Residential mortgage-backed securities	734,034		—		—		—		734,034
Total borrowings	$	2,082,739	$	—	$	—	$	—	$	2,082,739
Gross amount of recognized liabilities for repurchase agreements									$	2,082,739
Amounts related to agreements not included in offsetting disclosures above									$	—
December 31, 2021
Repurchase agreements:
U.S. Treasury	$	1,342,591	$	—	$	—	$	—	$	1,342,591
Residential mortgage-backed securities	1,398,208		—		—		—		1,398,208
Total borrowings	$	2,740,799	$	—	$	—	$	—	$	2,740,799
Gross amount of recognized liabilities for repurchase agreements									$	2,740,799
Amounts related to agreements not included in offsetting disclosures above									$	—