Short and Long-term Funding (Tables)

12 Months Ended

Dec. 31, 2025

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, 2025		December 31, 2024
Short-term funding
Federal funds purchased	$	260,070	$	370,325
Securities sold under agreements to repurchase	47,794		100,044
Federal funds purchased and securities sold under agreements to repurchase	$	307,864	$	470,369
Long-term funding
Corporation senior notes, at par	$	300,000	$	300,000
Corporation subordinated notes, at par	300,000		550,000
Discount and capitalized costs	(7,484)		(8,664)
Subordinated debt fair value hedge(a)	1,760		(3,996)
Finance leases	—		295
Total long-term funding	$	594,276	$	837,635
Total short and long-term funding, excluding FHLB advances	$	902,140	$	1,308,004
FHLB advances
Short-term FHLB advances	$	2,855,250	$	1,250,000
Long-term FHLB advances	414,122		611,551
FHLB advances fair value hedge(a)	(1,278)		(7,744)
Total FHLB advances	$	3,268,094	$	1,853,807
Total short and long-term funding	$	4,170,234	$	3,161,811

(a) For additional information on the fair value hedges, see Note 13.

Schedule of Repurchase Agreements

The remaining contractual maturity of the securities sold under agreements to repurchase on the consolidated balance sheets is presented in the following table:

	Overnight and Continuous
(in thousands)	December 31, 2025		December 31, 2024
Repurchase agreements
Agency mortgage-related securities	$	47,794	$	100,044

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

The table below summarizes the expected maturities of the Corporation’s long-term funding at December 31, 2025:

($ in thousands)	Long Term Funding
Year
2026	$	204,283
2027	2,244
2028	201,366
2029	3,235
2030	299,560
Beyond 2030	296,432
Total long-term funding	$	1,007,120