XML 50 R40.htm IDEA: XBRL DOCUMENT v3.25.1
INVESTMENT SECURITIES - Amortized Cost and Approximate Fair Value of Securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Available for sale securities    
Amortized Cost $ 1,618,983 $ 1,624,906
Gross Unrealized Gains 1,052 422
Gross Unrealized Losses 241,546 238,853
Fair Value 1,378,489 1,386,475
Held to maturity securities    
Amortized Cost 2,048,877 2,074,465
Allowance for Credit Losses 245 245
Net Carrying Amount 2,048,632 2,074,220
Gross Unrealized Gains 148 299
Gross Unrealized Losses 344,019 351,244
Fair Value 1,705,006 1,723,520
U.S. Government-sponsored agency securities    
Available for sale securities    
Amortized Cost 93,758 95,462
Gross Unrealized Gains 0 0
Gross Unrealized Losses 13,832 16,081
Fair Value 79,926 79,381
Held to maturity securities    
Amortized Cost 341,245 345,531
Allowance for Credit Losses 0 0
Net Carrying Amount 341,245 345,531
Gross Unrealized Gains 0 0
Gross Unrealized Losses 54,935 63,112
Fair Value 286,310 282,419
State and municipal    
Available for sale securities    
Amortized Cost 994,697 996,541
Gross Unrealized Gains 56 19
Gross Unrealized Losses 149,570 133,386
Fair Value 845,183 863,174
Held to maturity securities    
Amortized Cost 1,079,688 1,085,921
Allowance for Credit Losses 245 245
Net Carrying Amount 1,079,443 1,085,676
Gross Unrealized Gains 148 299
Gross Unrealized Losses 200,377 185,784
Fair Value 879,459 900,436
U.S. Government-sponsored mortgage-backed securities    
Available for sale securities    
Amortized Cost 517,564 519,943
Gross Unrealized Gains 996 403
Gross Unrealized Losses 77,614 88,724
Fair Value 440,946 431,622
Held to maturity securities    
Amortized Cost 626,444 641,513
Allowance for Credit Losses 0 0
Net Carrying Amount 626,444 641,513
Gross Unrealized Gains 0 0
Gross Unrealized Losses 88,705 102,343
Fair Value 537,739 539,170
Corporate obligations    
Available for sale securities    
Amortized Cost 12,964 12,960
Gross Unrealized Gains 0 0
Gross Unrealized Losses 530 662
Fair Value 12,434 12,298
Foreign investment    
Held to maturity securities    
Amortized Cost 1,500 1,500
Allowance for Credit Losses 0 0
Net Carrying Amount 1,500 1,500
Gross Unrealized Gains 0 0
Gross Unrealized Losses 2 5
Fair Value $ 1,498 $ 1,495