Other Borrowings and Subordinated Notes and Debentures (Tables)

6 Months Ended

Jun. 30, 2020

Debt at June 30, 2020 and December 31, 2019 consisted of the following components:


	June 30,		December 31,
(In thousands)	2020		2019
Other Borrowings
FHLB advances, net of discount, due 2020 to 2034, 0.23% to 7.37% secured by real estate loans	$	1,359,532	$	1,262,691
Other long-term debt	34,157		34,908
Total other borrowings	1,393,689		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	25,094		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	3,013		3,004
Other subordinated debentures, due 12/31/2036, floating rate of prime rate minus 1.1%, reset quarterly	—		5,927
Unamortized debt issuance costs	(2,825)		(3,008)
Total subordinated notes and debentures	382,604		388,260
Total other borrowings and subordinated debt	$	1,776,293	$	1,685,859

Aggregate Annual Maturities of Long-term Debt

Aggregate annual maturities of long-term debt at June 30, 2020, are as follows:


Year	(In thousands)
Remainder of 2020	$	1,193
2021	2,860
2022	2,027
2023	1,758
2024	2,399
Thereafter	416,056
Total	$	426,293