XML 45 R35.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investment (Held-to-Maturity) Securities (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost $ 2,338,460 $ 2,409,090
Investment Securities, Gross Carrying Value 2,186,043 [1] 2,244,489 [2]
Investment securities, Allowance for Credit Loss (299) [1] (336) [2]
Investment Securities, Amortized Cost, After Allowance for Credit Loss 2,338,161 2,408,754
Investment Securities, Carrying Value, after Allowance for Credit Loss 2,185,744 [1] 2,244,153 [2]
Investment Securities, Fair Value 2,000,065 2,072,586
Investment Securities, Gross Unrealized Gain 3,927 5,139
Investment Securities, Gross Unrealized Loss (189,905) (177,042)
Debt Securities, Net Unrealized Loss Remaining in AOCI included in Carrying Value for AFS Securities Transferred to Investment Securities $ (152,000) $ (165,000)
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 141 134
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 17,310 $ 1,931
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 1,887,274 1,947,071
Investment Securities, Continuous Unrealized Loss Position, Fair Value 1,904,584 1,949,002
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 81 5
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 189,824 177,037
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 189,905 177,042
Fixed Maturity Securities [Member]    
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]    
Investment Securities, Debt Maturities, Less than One Year, Net Carrying Value 19,248  
Investment Securities, Debt Maturities, One to Five Years, Net Carrying Value 95,707  
Investment Securities, Debt Maturities, Six to Ten Years, Net Carrying Value 26,103  
Investment Securities, Debt Maturities, Over Ten Years, Net Carrying Value 13  
Investment Securities, Debt Maturities, Single Maturity Date, Net Carrying Value 141,071  
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]    
Investment Securities, Debt Maturities, Less Than One Year, Fair Value 19,468  
Investment Securities, Debt Maturities, One to Five Years, Fair Value 98,033  
Investment Securities, Debt Maturities, Six to Ten Years, Fair Value 24,524  
Investment Securities, Debt Maturities, Over Ten Years, Fair Value 13  
Investment Securities, Debt Maturities, Single Maturity Date, Fair Value $ 142,038  
Investment Securities, Debt Maturities, Weighted Average Maturity [3] 3.27  
Municipal securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost $ 108,793 120,705
Investment Securities, Gross Carrying Value 108,793 [1] 120,705 [2]
Investment Securities, Fair Value 112,338 125,525
Investment Securities, Gross Unrealized Gain 3,828 5,014
Investment Securities, Gross Unrealized Loss $ (283) $ (194)
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 20 13
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 17,310 $ 1,931
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 6,587 6,600
Investment Securities, Continuous Unrealized Loss Position, Fair Value 23,897 8,531
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 81 5
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 202 189
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 283 194
Residential agency mortgage-backed securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 2,196,121 2,255,340
Investment Securities, Gross Carrying Value 2,044,972 [1] 2,092,083 [2]
Investment Securities, Fair Value 1,858,027 1,917,810
Investment Securities, Gross Unrealized Gain 99 125
Investment Securities, Gross Unrealized Loss (187,044) $ (174,398)
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]    
Investment Securities, Debt Maturities, without Single Maturity Date, Net Carrying Value [4] 2,044,972  
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]    
Investment Securities, Debt Maturities, without Single Maturity Date, Fair Value $ 1,858,027  
Investment Securities, Debt Maturities, Average Expected Life of Mortgage-backed Securities 4 years 10 months 24 days  
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 116 116
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 1,857,000 1,916,732
Investment Securities, Continuous Unrealized Loss Position, Fair Value 1,857,000 1,916,732
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 187,044 174,398
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 187,044 174,398
Commercial agency mortgage-backed securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 17,258 17,258
Investment Securities, Gross Carrying Value 15,990 [1] 15,914 [2]
Investment Securities, Fair Value 14,987 15,067
Investment Securities, Gross Unrealized Gain 0 0
Investment Securities, Gross Unrealized Loss $ (1,003) $ (847)
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 $ 0 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 14,987 15,067
Investment Securities, Continuous Unrealized Loss Position, Fair Value 14,987 15,067
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 1,003 847
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 1,003 847
Other debt securities [Member]    
Schedule of Investment (Held-to-Maturity) Securities [Line Items]    
Investment Securities, Gross Amortized Cost 16,288 15,787
Investment Securities, Gross Carrying Value 16,288 [1] 15,787 [2]
Investment Securities, Fair Value 14,713 14,184
Investment Securities, Gross Unrealized Gain 0 0
Investment Securities, Gross Unrealized Loss $ (1,575) $ (1,603)
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]    
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 3 3
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 8,700 8,672
Investment Securities, Continuous Unrealized Loss Position, Fair Value 8,700 8,672
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]    
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 1,575 1,603
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss $ 1,575 $ 1,603
[1] Carrying value includes $152 million of net unrealized loss which remains in AOCI in the Consolidated Balance Sheets related to certain securities transferred during the second quarter of 2022 from the Available for Sale securities portfolio to the Investment securities portfolio.
[2] Carrying value includes $165 million of net unrealized loss which remains in AOCI in the Consolidated Balance Sheets related to certain securities transferred during the second quarter of 2022 from the Available for Sale securities portfolio to the Investment securities portfolio.
[3] Expected maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without penalty.
[4] The average expected lives of residential mortgage-backed securities were 4.9 years based upon current prepayment assumptions.