Borrowed Funds (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at March 31, 2025 and December 31, 2024 consisted of the following:

	March 31, 2025		December 31, 2024
	(in thousands)
Securities sold under agreements to repurchase	$	59,026	$	72,718
Total short-term borrowings	$	59,026	$	72,718

Schedule of Long-Term Borrowings

Long-term borrowings at March 31, 2025 and December 31, 2024 consisted of the following:    

	March 31, 2025		December 31, 2024
	(in thousands)
FHLB advances, net	$	2,253,604	$	2,526,608
Subordinated debt, net *	650,963		647,547
Total long-term borrowings	$	2,904,567	$	3,174,155

* Subordinated debt is reported net of debt issuance costs that were immaterial at both March 31, 2025 and December 31, 2024.

Schedule of FHLB Repayment

The long-term FHLB advances at March 31, 2025 are scheduled for contractual balance repayments as follows:

Year	Amount
	(in thousands)
2025	$	—
2026	601,804
2027	926,800
2028	475,000
2029	250,000
Total long-term FHLB advances	$	2,253,604