Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at December 31, 2018 and 2017 consisted of the following:

	2018		2017
	(in thousands)
FHLB advances	$	1,732,000	$	427,000
Securities sold under agreements to repurchase	261,914		321,628
Federal funds purchased	125,000		—
Total short-term borrowings	$	2,118,914	$	748,628

Schedule of Long-Term Borrowings

Long-term borrowings at December 31, 2018 and 2017 consisted of the following:

	2018		2017
	(in thousands)
FHLB advances, net (1)	$	1,309,666	$	1,980,666
Subordinated debt, net (2)	294,602		235,153
Securities sold under agreements to repurchase	50,000		100,000
Total long-term borrowings	$	1,654,268	$	2,315,819

(1)	FHLB advances are presented net of unamortized prepayment penalties and other purchase accounting adjustments totaling $10.3 million and $14.3 million at December 31, 2018 and 2017, respectively.
(2)	Subordinated debt is presented net of unamortized debt issuance costs totaling $1.4 million and $1.7 million at December 31, 2018 and 2017, respectively.

Schedule of FHLB Repayment

The long-term FHLB advances at December 31, 2018 are scheduled for contractual balance repayments as follows:

Year	Amount
	(in thousands)
2019	$	255,000
2020	25,000
2021	840,000
2022	200,000
Total long-term FHLB advances	$	1,320,000

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

The long-term repos at December 31, 2018 are scheduled for contractual balance repayments as follows:

Year	Amount
	(in thousands)
2022	$	50,000
Total long-term securities sold under agreements to repurchase	$	50,000