Other Borrowings and Subordinated Debentures (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

Debt at December 31, 2019 and 2018 consisted of the following components. 

(In thousands)	2019			2018
Other Borrowings
FHLB advances, net of discount, due 2020 to 2033, 0.55% to 7.37%, secured by real estate loans	$	1,262,691		$	1,345,450
Other long-term debt	34,908			—
Total other borrowings	1,297,599			1,345,450
Subordinated Notes and Debentures
Subordinated notes payable, due 4/1/2028, fixed-to-floating rate (fixed rate of 5.00% through 3/31/2023, floating rate of 2.15% above the three month LIBOR rate, reset quarterly)	330,000			330,000
Trust preferred securities, net of discount, due 9/15/2037, floating rate of 1.37% above the three month LIBOR rate, reset quarterly	10,310			10,310
Trust preferred securities, net of discount, due 6/6/2037, floating rate of 1.57% above the three month LIBOR rate, reset quarterly, callable without penalty	10,310			10,310
Trust preferred securities, due 12/15/2035, floating rate of 1.45% above the three month LIBOR rate, reset quarterly, callable without penalty	6,702			6,702
Trust preferred securities, net of discount, due 6/15/2037, floating rate of 1.85% above the three month LIBOR rate, reset quarterly, callable without penalty	25,015			—
Trust preferred securities, net of discount, due 12/15/2036, floating rate of 1.85% above the three month LIBOR rate, reset quarterly, callable without penalty	3,004			—
Other subordinated debentures, due 12/31/36, floating rate of prime rate minus 1.1%, reset quarterly	5,927			—
Unamortized debt issuance costs	(3,008		)	(3,372		)
Total subordinated notes and debentures	388,260			353,950
Total other borrowings and subordinated debt	$	1,685,859		$	1,699,400

Schedule of Aggregate Annual Maturities of Long-term Debt

Aggregate annual maturities of long-term debt at December 31, 2019, are as follows:

Year	(In thousands)
2020	$	3,299
2021	3,016
2022	2,187
2023	2,366
2024	2,446
Thereafter	422,545
Total	$	435,859