Short and Long-term Funding (Tables)

12 Months Ended

Dec. 31, 2021

Short-term Debt [Abstract]

Short and Long-Term Funding Composition

The following table presents the components of short-term funding (funding with original contractual maturities of one year or less), and long-term funding (funding with original contractual maturities greater than one year):

($ in Thousands)	December 31, 2021		December 31, 2020
Short-Term Funding
Federal funds purchased	$	120	$	7,070
Securities sold under agreements to repurchase	319,412		185,901
Federal funds purchased and securities sold under agreements to repurchase	319,532		192,971
Commercial paper	34,730		59,346
Total short-term funding	$	354,262	$	252,317
Long-Term Funding
Bank senior notes, at par, due 2021	$	—	$	300,000
Corporation subordinated notes, at par, due 2025	250,000		250,000
Capitalized costs	(839)		(1,663)
Finance leases	163		1,128
FHLB advances	1,621,047		1,632,723
Total long-term funding	1,870,371		2,182,188
Total short and long-term funding	$	2,224,633	$	2,434,505

Schedule of Repurchase Agreements

The remaining contractual maturity of the securities sold under agreements to repurchase on the consolidated balance sheets as of December 31, 2021 and 2020 are presented in the following table:

	Overnight and Continuous
($ in Thousands)	December 31, 2021		December 31, 2020
Repurchase agreements
Agency mortgage-related securities	$	319,412	$	185,901
Total	$	319,412	$	185,901

Schedule of Maturities of Long-term Debt [Table Text Block]

The table below summarizes the maturities of the Corporation’s long-term funding at December 31, 2021:

($ in Thousands)	Long Term Funding
Year
2022	$	11,811
2023	2,363
2024	633
2025	649,377
2026	604,813
Thereafter	601,375
Total long-term funding	$	1,870,371