Other Borrowings and Subordinated Notes and Debentures (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Debt

Debt at March 31, 2020 and December 31, 2019 consisted of the following components: 

(In thousands)	March 31, 2020			December 31, 2019
Other Borrowings
FHLB advances, net of discount, due 2020 to 2034, 0.23% to 7.37% secured by real estate loans	$	1,362,295		$	1,262,691
Other long-term debt	34,534			34,908
Total other borrowings	1,396,829			1,297,599
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	25,054			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	3,009			3,004
Other subordinated debentures, due 12/31/2036, floating rate of prime rate minus 1.1%, reset quarterly	5,927			5,927
Unamortized debt issuance costs	(2,916		)	(3,008		)
Total subordinated notes and debentures	388,396			388,260
Total other borrowings and subordinated debt	$	1,785,225		$	1,685,859

Aggregate Annual Maturities of Long-term Debt

Aggregate annual maturities of long-term debt at March 31, 2020, are as follows:

Year	(In thousands)
Remainder of 2020	$	2,946
2021	3,016
2022	2,187
2023	2,366
2024	2,446
Thereafter	422,264
Total	$	435,225