XML 42 R33.htm IDEA: XBRL DOCUMENT v3.22.2
Investment (Held-to-Maturity) Securities (Details)
$ in Thousands
3 Months Ended
Jun. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost $ 2,903,116 $ 210,999
Investment Securities, Gross Carrying Value 2,638,062 [1] 210,999
Investment securities, Allowance for Credit Loss (717) [1] (555)
Investment Securities, Amortized Cost, After Allowance for Credit Loss 2,902,399 210,444
Investment Securities, Carrying Value, after Allowance for Credit Loss 2,637,345 [1] 210,444
Investment Securities, Fair Value 2,607,757 231,395
Investment Securities, Gross Unrealized Gain 6,091 20,412
Investment Securities, Gross Unrealized Loss (36,396) $ (16)
Debt Securities, Net Unrealized Loss Remaining in AOCI included in Carrying Value for AFS Securities Transferred to Investment Securities 265,000  
Transfer of available for sale securities to investment securities 2,400,000  
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Transfer, Amount 2,700,000  
Debt Securities, Held-to-maturity, Transfer, Unrealized Gain (Loss) $ 268,000  
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 175 3
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 2,451,661 $ 273
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 550 587
Investment Securities, Continuous Unrealized Loss Position, Fair Value 2,452,211 860
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 36,319 2
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 77 14
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 36,396 16
Fixed Maturity Securities [Member]    
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]    
Investment Securities, Debt Maturities, Less than One Year, Net Carrying Value 14,890  
Investment Securities, Debt Maturities, One to Five Years, Net Carrying Value 105,177  
Investment Securities, Debt Maturities, Six to Ten Years, Net Carrying Value 67,111  
Investment Securities, Debt Maturities, Over Ten Years, Net Carrying Value 5,039  
Investment Securities, Debt Maturities, Single Maturity Date, Net Carrying Value 192,217  
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]    
Investment Securities, Debt Maturities, Less Than One Year, Fair Value 15,018  
Investment Securities, Debt Maturities, One to Five Years, Fair Value 110,157  
Investment Securities, Debt Maturities, Six to Ten Years, Fair Value 66,625  
Investment Securities, Debt Maturities, Over Ten Years, Fair Value 5,031  
Investment Securities, Debt Maturities, Single Maturity Date, Fair Value $ 196,831  
Investment Securities, Debt Maturities, Weighted Average Maturity [2] 4.49  
Municipal securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost $ 175,974 203,772
Investment Securities, Gross Carrying Value 175,974 [1] 203,772
Investment Securities, Fair Value 180,783 223,609
Investment Securities, Gross Unrealized Gain 5,819 19,851
Investment Securities, Gross Unrealized Loss $ (1,010) $ (14)
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 56 1
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 27,968 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 527 587
Investment Securities, Continuous Unrealized Loss Position, Fair Value 28,495 587
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 935 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 75 14
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 1,010 14
Residential agency mortgage-backed securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 2,709,094 6,939
Investment Securities, Gross Carrying Value 2,445,845 [1] 6,939
Investment Securities, Fair Value 2,410,926 7,500
Investment Securities, Gross Unrealized Gain 272 561
Investment Securities, Gross Unrealized Loss (35,191) 0
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]    
Investment Securities, Debt Maturities, without Single Maturity Date, Net Carrying Value [3] 2,445,845  
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]    
Investment Securities, Debt Maturities, without Single Maturity Date, Fair Value $ 2,410,926  
Investment Securities, Debt Maturities, Average Expected Life of Mortgage-backed Securities 5 years 4 months 24 days  
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 115  
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 2,408,180  
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0  
Investment Securities, Continuous Unrealized Loss Position, Fair Value 2,408,180  
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 35,191  
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0  
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 35,191  
Other debt securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 788 288
Investment Securities, Gross Carrying Value 788 [1] 288
Investment Securities, Fair Value 769 286
Investment Securities, Gross Unrealized Gain 0 0
Investment Securities, Gross Unrealized Loss $ (19) $ (2)
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 2 2
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 234 $ 273
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 23 0
Investment Securities, Continuous Unrealized Loss Position, Fair Value 257 273
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 17 2
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 2 0
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 19 $ 2
Commercial agency mortgage-backed securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 17,260  
Investment Securities, Gross Carrying Value [1] 15,455  
Investment Securities, Fair Value 15,279  
Investment Securities, Gross Unrealized Gain 0  
Investment Securities, Gross Unrealized Loss $ (176)  
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 2  
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 15,279  
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0  
Investment Securities, Continuous Unrealized Loss Position, Fair Value 15,279  
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 176  
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0  
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss $ 176  
[1] Carrying value includes $265 million of net unrealized loss which remains in Accumulated other comprehensive income ("AOCI") in the Consolidated Balance Sheets related to certain securities transferred from the Available for Sale securities portfolio to the Investment securities portfolio as discussed in greater detail following.
[2] Expected maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without penalty.
[3] The average expected lives of residential mortgage-backed securities were 5.4 years based upon current prepayment assumptions.