Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at December 31, 2016 and 2015 consisted of the following:

	2016		2015
	(in thousands)
Securities sold under agreements to repurchase	$	298,960	$	500,991
Federal funds purchased	—		50,000
FHLB advances	782,000		526,000
Total short-term borrowings	$	1,080,960	$	1,076,991

Schedule of Long-Term Borrowings

Long-term borrowings at December 31, 2016 and 2015 consisted of the following:

	2016		2015
	(in thousands)
FHLB advances, net (1)	$	1,031,666	$	1,272,591
Securities sold under agreements to repurchase	165,000		307,500
Subordinated debt, net (2)	236,731		230,573
Other	509		64
Total long-term borrowings	$	1,433,906	$	1,810,728

(1)	FHLB advances are presented net of unamortized prepayment penalties and other purchase accounting adjustments totaling $18.3 million and $3.6 million at December 31, 2016 and 2015, respectively.
(2)	Subordinated debt is presented net of unamortized debt issuance costs totaling $1.9 million and $2.2 million at December 31, 2016 and 2015, respectively.

Schedule of FHLB Repayment

The long-term FHLB advances at December 31, 2016 are scheduled for contractual balance repayments as follows:

Year	Amount
	(in thousands)
2017	$	10,000
2021	840,000
Thereafter	200,000
Total long-term FHLB advances	$	1,050,000

Schedule of Repayment of Long-Term Borrowings for Securities Sold Under Agreements to Repurchase

The long-term repos at December 31, 2016 are scheduled for contractual balance repayments as follows:

Year	Amount
	(in thousands)
2017	$	65,000
2018	50,000
Thereafter	50,000
Total long-term securities sold under agreements to repurchase	$	165,000