BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Summary of Borrowings

The following table summarizes the Corporation’s borrowings as of March 31, 2025 and December 31, 2024:

	March 31, 2025		December 31, 2024
Federal funds purchased	$	185,000	$	99,226
Securities sold under repurchase agreements	122,947		142,876
Federal Home Loan Bank advances	972,478		822,554
Subordinated debentures and other borrowings	62,619		93,529
Total Borrowings	$	1,343,044	$	1,158,185

Summary of Collateral Pledged for Repurchase Agreements

The collateral pledged for all repurchase agreements that are accounted for as secured borrowings as of March 31, 2025 and December 31, 2024 were:

	March 31, 2025
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater Than 90 Days		Total
U.S. Government-sponsored mortgage-backed securities	$	122,947	$	—	$	—	$	—	$	122,947

	December 31, 2024
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater Than 90 Days		Total
U.S. Government-sponsored mortgage-backed securities	$	142,876	$	—	$	—	$	—	$	142,876

Summary of Contractual Maturities of Borrowings

Contractual maturities of borrowings as of March 31, 2025, are as follows:

Maturities in Years Ending December 31:	Federal Funds Purchased		Securities Sold Under Repurchase Agreements		Federal Home Loan Bank Advances		Subordinated Debentures and Term Loans
2025	$	185,000	$	122,947	$	175,000	$	1,129
2026	—		—		75,000		—
2027	—		—		270,000		—
2028	—		—		240,000		5,000
2029	—		—		150,000		—
2030 and after	—		—		62,478		60,660
ASC 805 fair value adjustments at acquisition	—		—		—		(4,170)
	$	185,000	$	122,947	$	972,478	$	62,619