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Securities (Tables)
9 Months Ended
Sep. 30, 2025
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]  
Amortized Cost and Fair Value of Debt Securities Available for Sale

 

September 30, 2025

 

December 31, 2024

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Gross

 

Gross

 

 

 

Securities Available for Sale

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

($ in thousands)

Cost

 

Gains

 

Losses

 

Value

 

Cost

 

Gains

 

Losses

 

Value

 

U.S. Treasury and government agency securities

$

290,196

 

$

3,391

 

$

1,594

 

$

291,993

 

$

185,827

 

$

349

 

$

3,894

 

$

182,282

 

Municipal obligations

 

193,771

 

 

90

 

 

728

 

 

193,133

 

 

200,272

 

 

 

 

3,942

 

 

196,330

 

Residential mortgage-backed securities

 

2,578,927

 

 

9,188

 

 

272,605

 

 

2,315,510

 

 

2,482,109

 

 

496

 

 

353,554

 

 

2,129,051

 

Commercial mortgage-backed securities

 

3,093,658

 

 

13,912

 

 

159,154

 

 

2,948,416

 

 

2,849,372

 

 

2,185

 

 

250,592

 

 

2,600,965

 

Collateralized mortgage obligations

 

29,402

 

 

 

 

1,374

 

 

28,028

 

 

37,553

 

 

 

 

2,306

 

 

35,247

 

Corporate debt securities

 

17,500

 

 

 

 

910

 

 

16,590

 

 

19,000

 

 

 

 

1,384

 

 

17,616

 

  Total

$

6,203,454

 

$

26,581

 

$

436,365

 

$

5,793,670

 

$

5,774,133

 

$

3,030

 

$

615,672

 

$

5,161,491

 

Amortized Cost and Fair Value of Debt Securities Held to Maturity

 

September 30, 2025

 

December 31, 2024

 

 

 

 

Gross

 

Gross

 

 

 

 

 

Gross

 

Gross

 

 

 

Securities Held to Maturity

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

($ in thousands)

Cost

 

Gains

 

Losses

 

Value

 

Cost

 

Gains

 

Losses

 

Value

 

U.S. Treasury and government agency securities

$

379,390

 

$

230

 

$

32,414

 

$

347,206

 

$

394,689

 

$

 

$

45,876

 

$

348,813

 

Municipal obligations

 

545,276

 

 

619

 

 

12,206

 

 

533,689

 

 

623,907

 

 

169

 

 

20,867

 

 

603,209

 

Residential mortgage-backed securities

 

516,257

 

 

 

 

38,581

 

 

477,676

 

 

573,057

 

 

 

 

61,525

 

 

511,532

 

Commercial mortgage-backed securities

 

735,969

 

 

 

 

50,025

 

 

685,944

 

 

818,604

 

 

 

 

72,854

 

 

745,750

 

Collateralized mortgage obligations

 

20,719

 

 

 

 

643

 

 

20,076

 

 

25,406

 

 

 

 

1,184

 

 

24,222

 

  Total

$

2,197,611

 

$

849

 

$

133,869

 

$

2,064,591

 

$

2,435,663

 

$

169

 

$

202,306

 

$

2,233,526

 

Available for Sale Securities [Member]  
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]  
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

Debt Securities Available for Sale

 

Amortized

 

 

Fair

 

($ in thousands)

 

Cost

 

 

Value

 

Due in one year or less

 

$

30,778

 

 

$

30,776

 

Due after one year through five years

 

 

1,612,998

 

 

 

1,576,482

 

Due after five years through ten years

 

 

1,904,156

 

 

 

1,787,534

 

Due after ten years

 

 

2,655,522

 

 

 

2,398,878

 

Total debt securities available for sale

 

$

6,203,454

 

 

$

5,793,670

 

 

Securities with Unrealized Losses

The fair value and gross unrealized losses for securities classified as available for sale with unrealized losses for the periods indicated follow.

 

 

September 30, 2025

 

Available for Sale

 

Losses < 12 months

 

 

Losses 12 months or >

 

 

Total

 

($ in thousands)

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

U.S. Treasury and government agency securities

 

$

32,243

 

$

109

 

 

$

14,382

 

$

1,485

 

 

$

46,625

 

$

1,594

 

Municipal obligations

 

 

 

 

 

 

 

133,878

 

 

728

 

 

 

133,878

 

 

728

 

Residential mortgage-backed securities

 

 

37

 

 

 

 

 

1,515,716

 

 

272,605

 

 

 

1,515,753

 

 

272,605

 

Commercial mortgage-backed securities

 

 

1,023

 

 

6

 

 

 

2,265,794

 

 

159,148

 

 

 

2,266,817

 

 

159,154

 

Collateralized mortgage obligations

 

 

 

 

 

 

 

28,029

 

 

1,374

 

 

 

28,029

 

 

1,374

 

Corporate debt securities

 

 

2,000

 

 

 

 

 

14,590

 

 

910

 

 

 

16,590

 

 

910

 

  Total

 

$

35,303

 

$

115

 

 

$

3,972,389

 

$

436,250

 

 

$

4,007,692

 

$

436,365

 

 

 

 

December 31, 2024

 

Available for Sale

 

Losses < 12 Months

 

 

Losses 12 Months or >

 

 

Total

 

($ in thousands)

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

U.S. Treasury and government agency securities

 

$

130,453

 

$

2,243

 

 

$

7,247

 

$

1,651

 

 

$

137,700

 

$

3,894

 

Municipal obligations

 

 

24,149

 

 

247

 

 

 

170,110

 

 

3,695

 

 

 

194,259

 

 

3,942

 

Residential mortgage-backed securities

 

 

347,772

 

 

2,935

 

 

 

1,554,001

 

 

350,619

 

 

 

1,901,773

 

 

353,554

 

Commercial mortgage-backed securities

 

 

184,534

 

 

2,738

 

 

 

2,139,191

 

 

247,854

 

 

 

2,323,725

 

 

250,592

 

Collateralized mortgage obligations

 

 

 

 

 

 

 

35,247

 

 

2,306

 

 

 

35,247

 

 

2,306

 

Corporate debt securities

 

 

 

 

 

 

 

15,616

 

 

1,384

 

 

 

15,616

 

 

1,384

 

  Total

 

$

686,908

 

$

8,163

 

 

$

3,921,412

 

$

607,509

 

 

$

4,608,320

 

$

615,672

 

 

Held-to-maturity Securities [Member]  
Schedule Of Gain Loss On Investments Including Marketable Securities And Investments Held At Cost Income Statement Reported Amounts Summary [Line Items]  
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

Debt Securities Held to Maturity

 

Amortized

 

 

Fair

 

($ in thousands)

 

Cost

 

 

Value

 

Due in one year or less

 

$

134,954

 

 

$

133,941

 

Due after one year through five years

 

 

680,676

 

 

 

660,373

 

Due after five years through ten years

 

 

507,188

 

 

 

482,174

 

Due after ten years

 

 

874,793

 

 

 

788,103

 

Total debt securities held to maturity

 

$

2,197,611

 

 

$

2,064,591

 

Securities with Unrealized Losses

The fair value and gross unrealized losses for securities classified as held to maturity with unrealized losses for the periods indicated follow.

 

 

September 30, 2025

 

Held to Maturity

 

Losses < 12 Months

 

 

Losses 12 Months or >

 

 

Total

 

($ in thousands)

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

U.S. Treasury and government agency securities

 

$

 

$

 

 

$

328,482

 

$

32,414

 

 

$

328,482

 

$

32,414

 

Municipal obligations

 

 

50,829

 

 

30

 

 

 

360,613

 

 

12,176

 

 

 

411,442

 

 

12,206

 

Residential mortgage-backed securities

 

 

 

 

 

 

 

477,676

 

 

38,581

 

 

 

477,676

 

 

38,581

 

Commercial mortgage-backed securities

 

 

 

 

 

 

 

685,944

 

 

50,025

 

 

 

685,944

 

 

50,025

 

Collateralized mortgage obligations

 

 

 

 

 

 

 

20,076

 

 

643

 

 

 

20,076

 

 

643

 

  Total

 

$

50,829

 

$

30

 

 

$

1,872,791

 

$

133,839

 

 

$

1,923,620

 

$

133,869

 

 

 

 

December 31, 2024

 

Held to Maturity

 

Losses < 12 Months

 

 

Losses 12 Months or >

 

 

Total

 

($ in thousands)

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

Gross
Unrealized
Losses

 

U.S. Treasury and government agency securities

 

$

27,660

 

$

840

 

 

$

321,154

 

$

45,036

 

 

$

348,814

 

$

45,876

 

Municipal obligations

 

 

82,028

 

 

451

 

 

 

497,999

 

 

20,416

 

 

 

580,027

 

 

20,867

 

Residential mortgage-backed securities

 

 

 

 

 

 

 

511,531

 

 

61,525

 

 

 

511,531

 

 

61,525

 

Commercial mortgage-backed securities

 

 

 

 

 

 

 

745,750

 

 

72,854

 

 

 

745,750

 

 

72,854

 

Collateralized mortgage obligations

 

 

 

 

 

 

 

24,222

 

 

1,184

 

 

 

24,222

 

 

1,184

 

  Total

 

$

109,688

 

$

1,291

 

 

$

2,100,656

 

$

201,015

 

 

$

2,210,344

 

$

202,306