XML 72 R55.htm IDEA: XBRL DOCUMENT v3.23.2
Investment Securities - Summary of Investment Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Held-to-maturity            
Amortized Cost $ 3,759,968   $ 3,761,094      
Allowance for credit losses on HTM (3,214) $ (1,888) (1,388) $ (1,381) $ (1,377) $ (1,279)
Net Carrying Amount 3,756,754   3,759,706      
Gross Unrealized Gains 67   283      
Gross Unrealized (Losses) (661,963)   (696,756)      
Estimated Fair Value 3,094,858   3,063,233      
Available-for-sale            
Amortized Cost 4,012,265   4,331,413      
Allowance for Credit Losses (2,396) (5,800) 0      
Gross Unrealized Gains 239   373      
Gross Unrealized (Losses) (430,350)   (478,932)      
Estimated Fair Value 3,579,758   3,852,854      
U.S. Government agencies            
Held-to-maturity            
Amortized Cost 451,737   448,012      
Allowance for credit losses on HTM 0   0      
Net Carrying Amount 451,737   448,012      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (94,515)   (102,558)      
Estimated Fair Value 357,222   345,454      
Available-for-sale            
Amortized Cost 183,735   191,498      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 51   103      
Gross Unrealized (Losses) (7,222)   (7,322)      
Estimated Fair Value 176,564   184,279      
U.S. Treasury            
Available-for-sale            
Amortized Cost 2,271   2,257      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (62)   (60)      
Estimated Fair Value 2,209   2,197      
Mortgage-backed securities            
Held-to-maturity            
Amortized Cost 1,193,118   1,190,781      
Allowance for credit losses on HTM 0   0      
Net Carrying Amount 1,193,118   1,190,781      
Gross Unrealized Gains 0   227      
Gross Unrealized (Losses) (118,728)   (118,960)      
Estimated Fair Value 1,074,390   1,072,048      
Available-for-sale            
Amortized Cost 2,532,234   2,809,319      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 4   20      
Gross Unrealized (Losses) (249,910)   (266,437)      
Estimated Fair Value 2,282,328   2,542,902      
State and political subdivisions            
Held-to-maturity            
Amortized Cost 1,859,956   1,861,102      
Allowance for credit losses on HTM (934) (362) (110) (103) (1,285) (1,197)
Net Carrying Amount 1,859,022   1,860,992      
Gross Unrealized Gains 67   56      
Gross Unrealized (Losses) (415,230)   (446,198)      
Estimated Fair Value 1,443,859   1,414,850      
Available-for-sale            
Amortized Cost 1,029,164   1,056,124      
Allowance for Credit Losses 0 0 0      
Gross Unrealized Gains 184   250      
Gross Unrealized (Losses) (143,843)   (185,300)      
Estimated Fair Value 885,505   871,074      
Other securities            
Held-to-maturity            
Amortized Cost 255,157   261,199      
Allowance for credit losses on HTM (2,280) (1,526) (1,278) $ (1,278) $ (92) $ (82)
Net Carrying Amount 252,877   259,921      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (33,490)   (29,040)      
Estimated Fair Value 219,387   230,881      
Available-for-sale            
Amortized Cost 264,861   272,215      
Allowance for Credit Losses (2,396) $ (5,800) 0      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (29,313)   (19,813)      
Estimated Fair Value $ 233,152   $ 252,402