Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at December 31, 2021 and 2020 consisted of the following: 

	2021		2020
FHLB advances	$	500,000	$	1,000,000
Securities sold under agreements to repurchase	155,726		147,958
Total short-term borrowings	$	655,726	$	1,147,958

Schedule of Long-Term Borrowings

Long-term borrowings at December 31, 2021 and 2020 consisted of the following: 

	2021		2020
FHLB advances, net (1)	$	789,033	$	1,592,252
Subordinated debt, net (2)	634,643		403,413
Securities sold under agreements to repurchase	—		300,000
Total long-term borrowings	$	1,423,676	$	2,295,665

(1)	FHLB advances are presented net of unamortized premiums totaling $1.0 million at December 31, 2021 and prepayment penalties, and other purchase accounting adjustments totaling $2.6 million at December 31, 2020.
(2)	Subordinated debt is presented net of unamortized debt issuance costs totaling $5.8 million and $2.7 million at December 31, 2021 and 2020, respectively.

Schedule of FHLB Repayment

The long-term FHLB advances at December 31, 2021 are scheduled for contractual balance repayments as follows: 

Year	Amount
	(in thousands)
2023	$	350,000
2024	165,000
2025	273,000
Total long-term FHLB advances	$	788,000