XML 79 R58.htm IDEA: XBRL DOCUMENT v3.25.2
Fair Value Measurements (Details 2) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Held to Maturity, Fair Value, Total $ 1,273,690 $ 1,291,801
Federal Home Loan Bank Stock 21,052 31,573
Bank Owned Life Insurance 305,077 303,965
LIABILITIES    
Federal Home Loan Bank borrowings (f) 400,500 638,514
Subordinated Debt 296,067 0
Reported Value Measurement    
ASSETS    
Loans Receivable, Fair Value Disclosure [1] 14,353,371 14,294,628
Estimate of Fair Value Measurement    
ASSETS    
Loans Receivable, Fair Value Disclosure [1] 13,465,609 13,213,596
Deposits [Member]    
LIABILITIES    
Time certificates of deposits (f) [2] 13,173,541 12,558,632
Accrued Liabilities, Fair Value Disclosure [2] 13,173,541 12,558,632
Time certificates of deposits (f)    
LIABILITIES    
Time certificates of deposits (f) [3] 2,720,199 2,747,346
Accrued Liabilities, Fair Value Disclosure [3] 2,712,834 2,739,606
Federal Home Loan Bank borrowings (f)    
LIABILITIES    
Federal Home Loan Bank borrowings (f) [3] 400,500 638,514
Federal Home Loan Bank Borrowings, Fair Value Disclosure [3] 400,454 638,489
Junior subordinated debentures (g)    
LIABILITIES    
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust [4] 62,861 62,860
Accrued Liabilities, Fair Value Disclosure [4] 62,081 61,661
Subordinated debentures (f)    
LIABILITIES    
Subordinated Debt [3] 296,067  
Accrued Liabilities, Fair Value Disclosure [3] 315,748  
Significant Other Observable Inputs (Level 2) | Deposits [Member]    
LIABILITIES    
Accrued Liabilities, Fair Value Disclosure [2] 13,173,541 12,558,632
Significant Other Observable Inputs (Level 2) | Time certificates of deposits (f)    
LIABILITIES    
Accrued Liabilities, Fair Value Disclosure [3] 2,712,834 2,739,606
Significant Other Observable Inputs (Level 2) | Federal Home Loan Bank borrowings (f)    
LIABILITIES    
Federal Home Loan Bank Borrowings, Fair Value Disclosure [3] 400,454 638,489
Significant Other Observable Inputs (Level 2) | Junior subordinated debentures (g)    
LIABILITIES    
Accrued Liabilities, Fair Value Disclosure [4] 62,081 61,661
Significant Unobservable Inputs (Level 3) | Estimate of Fair Value Measurement    
ASSETS    
Loans Receivable, Fair Value Disclosure [1] 13,465,609 13,213,596
Significant Unobservable Inputs (Level 3) | Subordinated debentures (f)    
LIABILITIES    
Accrued Liabilities, Fair Value Disclosure [3] 315,748  
U.S. treasury securities    
ASSETS    
Debt Securities, Held-to-maturity [5] 100,831 100,791
Held to Maturity, Fair Value, Total [5] 95,520 93,022
U.S. treasury securities | Significant Other Observable Inputs (Level 2)    
ASSETS    
Held to Maturity, Fair Value, Total [5] 95,520 93,022
Agency mortgage-backed securities    
ASSETS    
Debt Securities, Held-to-maturity [5] 769,077 788,470
Held to Maturity, Fair Value, Total [5] 723,650 726,362
Agency mortgage-backed securities | Significant Other Observable Inputs (Level 2)    
ASSETS    
Held to Maturity, Fair Value, Total [5] 723,650 726,362
Agency collateralized mortgage obligations    
ASSETS    
Debt Securities, Held-to-maturity [5] 395,526 422,827
Held to Maturity, Fair Value, Total [5] 342,423 357,684
Agency collateralized mortgage obligations | Significant Other Observable Inputs (Level 2)    
ASSETS    
Held to Maturity, Fair Value, Total [5] 342,423 357,684
Small Business Administration Pooled Securities [Member]    
ASSETS    
Debt Securities, Held-to-maturity [5] 117,469 122,868
Held to Maturity, Fair Value, Total [5] 112,097 114,733
Small Business Administration Pooled Securities [Member] | Significant Other Observable Inputs (Level 2)    
ASSETS    
Held to Maturity, Fair Value, Total [5] 112,097 114,733
Investment in Federal Home Loan Bank Stock [Member]    
ASSETS    
Federal Home Loan Bank Stock [6] 21,052 31,573
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure [6] 21,052 31,573
Investment in Federal Home Loan Bank Stock [Member] | Significant Other Observable Inputs (Level 2)    
ASSETS    
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure [6] 21,052 31,573
Investment in Federal Home Loan Bank Stock [Member] | Significant Unobservable Inputs (Level 3)    
ASSETS    
Investment in Federal Home Loan Bank Stock, Fair Value Disclosure [6] 0  
Cash Surrender Value [Member]    
ASSETS    
Cash Surrender Value, Fair Value Disclosure [7] 305,077 303,965
Bank Owned Life Insurance [7] 305,077 303,965
Cash Surrender Value [Member] | Significant Other Observable Inputs (Level 2)    
ASSETS    
Cash Surrender Value, Fair Value Disclosure [7] $ 305,077 $ 303,965
[1] Fair value of loans is measured using the exit price valuation method, determined primarily by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities or cash flows, while incorporating liquidity and credit assumptions. Additionally, this amount excludes individually assessed collateral dependent loans, which are deemed to be marked to fair value on a nonrecurring basis.
[2] Fair value of demand deposits, savings and interest checking accounts and money market deposits is the amount payable on demand at the reporting date.
[3] Fair value was determined by discounting anticipated future cash payments using rates currently available for instruments with similar remaining maturities.
[4] Fair value was determined based upon market prices of securities with similar terms and maturities.
[5] The fair values presented are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments and/or discounted cash flow analysis.
[6] Federal Home Loan Bank stock has no quoted market value and is carried at cost; therefore, the carrying amount approximates fair value.
[7] Cash surrender value of life insurance policies is recorded at its cash surrender value (or the amount that can be realized upon surrender of the policy), therefore, carrying amount approximates fair value.