Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at December 31, 2023 and 2022 consisted of the following: 

	2023		2022
FHLB advances	$	850,000	$	24,035
Securities sold under agreements to repurchase	67,834		114,694
Total short-term borrowings	$	917,834	$	138,729

Schedule of Long-Term Borrowings

Long-term borrowings at December 31, 2023 and 2022 consisted of the following: 

	2023		2022
FHLB advances, net (1)	$	1,690,013	$	788,419
Subordinated debt, net (2)	638,362		754,639
Total long-term borrowings	$	2,328,375	$	1,543,058

(1)	FHLB advances are presented net of unamortized premiums totaling $209 thousand and $419 thousand at December 31, 2023 and 2022, respectively.
(2)	Subordinated debt is presented net of unamortized debt issuance costs totaling $5.2 million and $6.9 million at December 31, 2023 and 2022, respectively.

Schedule of FHLB Repayment

The long-term FHLB advances at December 31, 2023 are scheduled for contractual balance repayments as follows: 

Year	Amount
	(in thousands)
2024	$	165,000
2025	273,000
2026	351,804
2027	675,000
2028	225,000
Total long-term FHLB advances	$	1,689,804