XML 139 R124.htm IDEA: XBRL DOCUMENT v3.24.0.1
FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES - Book Value and Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Financial assets:    
Loans and leases, net $ 12,583,202 $ 11,759,992
Stock in FHLB of Pittsburgh 15,398 24,116
Accrued interest receivable 85,979 74,448
Financial liabilities:    
Deposits 16,474,086 16,203,569
Accrued interest payable 46,684 5,174
Book Value | Level 1    
Financial assets:    
Cash, cash equivalents and restricted cash 1,092,900 837,258
Book Value | Level 2    
Financial assets:    
Investment securities, available for sale 3,846,537 4,093,060
Investment securities, held to maturity, net 1,058,557 1,111,619
Loans, held for sale 29,268 42,985
Stock in FHLB of Pittsburgh 15,398 24,116
Accrued interest receivable 85,979 74,448
Financial liabilities:    
Deposits 16,474,086 16,203,569
Borrowed funds 895,076 726,894
Accrued interest payable 46,684 5,174
Book Value | Level 3    
Financial assets:    
Other investments 17,434 26,120
Loans and leases, net 12,583,202 11,759,992
Financial liabilities:    
Standby letters of credit 814 739
Book Value | Levels 2, 3    
Financial assets:    
Other assets 153,647 156,993
Financial liabilities:    
Other liabilities 151,642 173,622
Fair Value | Level 1    
Financial assets:    
Cash, cash equivalents and restricted cash 1,092,900 837,258
Fair Value | Level 2    
Financial assets:    
Investment securities, available for sale 3,846,537 4,093,060
Investment securities, held to maturity, net 985,931 1,040,104
Loans, held for sale 29,268 42,985
Stock in FHLB of Pittsburgh 15,398 24,116
Accrued interest receivable 85,979 74,448
Financial liabilities:    
Deposits 16,449,198 16,156,124
Borrowed funds 912,760 709,014
Accrued interest payable 46,684 5,174
Fair Value | Level 3    
Financial assets:    
Other investments 17,434 26,120
Loans and leases, net 12,514,431 11,567,888
Financial liabilities:    
Standby letters of credit 814 739
Fair Value | Levels 2, 3    
Financial assets:    
Other assets 153,647 156,993
Financial liabilities:    
Other liabilities $ 151,642 $ 173,622