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Fair Value Measurement of Assets and Liabilities (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring Basis
The following tables present the assets and liabilities that are measured at fair value on a recurring and non-recurring basis by level within the fair value hierarchy as reported on the consolidated statements of financial condition at December 31, 2022 and 2021. The assets presented under “non-recurring fair value measurements” in the table below are not measured at fair value on an ongoing basis but are subject to fair value adjustments under certain circumstances (e.g., when an impairment loss is recognized).
  Fair Value Measurements at Reporting Date Using:
 December 31,
2022		Quoted Prices
in Active Markets
for Identical Assets (Level 1)		Significant Other
Observable  Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
 (in thousands)
Recurring fair value measurements:
Assets
Investment securities:
Equity securities
$23,494 $23,494 $— $— 
Equity securities at net asset value (NAV)
10,099 — — — 
Trading debt securities13,438 3,282 10,156 — 
Available for sale debt securities:
U.S. Treasury securities 279,498 279,498 — — 
U.S. government agency securities26,964 — 26,964 — 
Obligations of states and political subdivisions
146,811 — 146,811 — 
Residential mortgage-backed securities629,818 — 629,818 — 
Corporate and other debt securities178,306 — 178,306 — 
Total available for sale debt securities1,261,397 279,498 981,899 — 
Loans held for sale (1)
18,118 — 18,118 — 
Other assets (2)
467,127 — 467,127 — 
Total assets$1,793,673 $306,274 $1,477,300 $— 
Liabilities
Other liabilities (2)
$607,237 $— $607,237 $— 
Total liabilities$607,237 $— $607,237 $— 
Non-recurring fair value measurements:
Collateral dependent loans, net$92,923 $— $— $92,923 
Foreclosed assets 1,937 — — 1,937 
Total$94,860 $— $— $94,860 
  Fair Value Measurements at Reporting Date Using:
 December 31,
2021		Quoted Prices
in Active Markets
for Identical Assets (Level 1)		Significant Other
Observable  Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
 (in thousands)
Recurring fair value measurements:
Assets
Investment securities:
Equity securities
$21,284 $21,284 $— $— 
Equity securities at net asset value (NAV)
11,560 — — — 
Trading debt securities38,130 — 38,130 — 
Available for sale debt securities:
U.S. government agency securities20,925 — 20,925 — 
Obligations of states and political subdivisions
79,890 — 79,890 — 
Residential mortgage-backed securities904,502 — 904,502 — 
Corporate and other debt securities123,492 — 123,492 — 
Total available for sale debt securities1,128,809 — 1,128,809 — 
Loans held for sale (1)
139,516 — 139,516 — 
Other assets (2)
181,500 — 181,500 — 
Total assets$1,520,799 $21,284 $1,487,955 $— 
Liabilities
Other liabilities (2)
$52,376 $— $52,376 $— 
Total liabilities$52,376 $— $52,376 $— 
Non-recurring fair value measurements:
Collateral dependent impaired loans, net$47,871 $— $— $47,871 
Foreclosed assets2,931 — — 2,931 
Total$50,802 $— $— $50,802 
(1)Represents residential mortgage loans held for sale that are carried at fair value and had contractual unpaid principal balances totaling approximately $17.9 million and $136.3 million at December 31, 2022 and 2021, respectively.
(2)Derivative financial instruments are included in this category.
Carrying Amounts and Estimated Fair Values of Financial Instruments
The carrying amounts and estimated fair values of financial instruments not measured and not reported at fair value on the consolidated statements of financial condition at December 31, 2022 and 2021 were as follows:
  20222021
 Fair Value
Hierarchy		Carrying
Amount		Fair ValueCarrying
Amount		Fair Value
  (in thousands)
Financial assets
Cash and due from banksLevel 1$444,325 $444,325 $205,156 $205,156 
Interest bearing deposits with banksLevel 1503,622 503,622 1,844,764 1,844,764 
Equity securities (1)
Level 315,138 15,138 3,629 3,629 
Held to maturity debt securities:
U.S. Treasury securitiesLevel 166,911 65,889 67,558 71,661 
U.S. government agency securitiesLevel 2260,392 212,712 6,265 6,378 
Obligations of states and political subdivisionsLevel 2480,298 453,195 337,962 344,164 
Residential mortgage-backed securitiesLevel 22,909,106 2,495,797 2,166,142 2,152,301 
Trust preferred securitiesLevel 237,043 31,106 37,020 31,916 
Corporate and other debt securitiesLevel 275,234 70,771 53,750 54,185 
Total held to maturity debt securities (2)
3,828,984 3,329,470 2,668,697 2,660,605 
Net loansLevel 346,458,545 44,910,049 33,794,455 33,283,251 
Accrued interest receivableLevel 1196,606 196,606 96,882 96,882 
Federal Reserve Bank and Federal Home Loan Bank stock (3)
Level 2238,056 238,056 206,450 206,450 
Financial liabilities
Deposits without stated maturitiesLevel 138,080,457 38,080,457 31,945,368 31,945,368 
Deposits with stated maturitiesLevel 29,556,457 9,443,253 3,687,044 3,670,113 
Short-term borrowingsLevel 1138,729 138,729 655,726 637,490 
Long-term borrowingsLevel 21,543,058 1,395,991 1,423,676 1,404,184 
Junior subordinated debentures issued to capital trustsLevel 256,760 50,923 56,413 46,306 
Accrued interest payable (4)
Level 145,617 45,617 4,909 4,909 
(1)Represents equity securities without a readily determinable fair value measured at costs less impairment, if any.
(2)The carrying amount is presented gross without the allowance for credit losses.
(3)Included in other assets.
(4)Included in accrued expenses and other liabilities.