XML 79 R62.htm IDEA: XBRL DOCUMENT v3.24.0.1
Investment Securities - Summary of Investment Securities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Held-to-maturity      
Amortized Cost $ 3,729,502 $ 3,761,094  
Allowance for Credit Losses (3,214) (1,388) $ (1,279)
Net Carrying Amount 3,726,288 3,759,706  
Gross Unrealized Gains 638 283  
Gross Unrealized (Losses) (591,556) (696,756)  
Estimated Fair Value 3,135,370 3,063,233  
Available-for-sale      
Amortized Cost 3,509,709 4,331,413  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 230 373  
Gross Unrealized (Losses) (357,786) (478,932)  
Estimated Fair Value 3,152,153 3,852,854  
U.S. Treasury      
Available-for-sale      
Amortized Cost 2,285 2,257  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 0 0  
Gross Unrealized (Losses) (31) (60)  
Estimated Fair Value 2,254 2,197  
U.S. Government agencies      
Held-to-maturity      
Amortized Cost 453,121 448,012  
Allowance for Credit Losses 0 0  
Net Carrying Amount 453,121 448,012  
Gross Unrealized Gains 0 0  
Gross Unrealized (Losses) (89,203) (102,558)  
Estimated Fair Value 363,918 345,454  
Available-for-sale      
Amortized Cost 74,460 191,498  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 35 103  
Gross Unrealized (Losses) (1,993) (7,322)  
Estimated Fair Value 72,502 184,279  
Mortgage-backed securities      
Held-to-maturity      
Amortized Cost 1,161,694 1,190,781  
Allowance for Credit Losses 0 0  
Net Carrying Amount 1,161,694 1,190,781  
Gross Unrealized Gains 354 227  
Gross Unrealized (Losses) (107,834) (118,960)  
Estimated Fair Value 1,054,214 1,072,048  
Available-for-sale      
Amortized Cost 2,138,652 2,809,319  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 8 20  
Gross Unrealized (Losses) (198,353) (266,437)  
Estimated Fair Value 1,940,307 2,542,902  
State and political subdivisions      
Held-to-maturity      
Amortized Cost 1,858,680 1,861,102  
Allowance for Credit Losses (2,006) (110) (1,197)
Net Carrying Amount 1,856,674 1,860,992  
Gross Unrealized Gains 284 56  
Gross Unrealized (Losses) (369,509) (446,198)  
Estimated Fair Value 1,487,449 1,414,850  
Available-for-sale      
Amortized Cost 1,035,147 1,056,124  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 187 250  
Gross Unrealized (Losses) (132,541) (185,300)  
Estimated Fair Value 902,793 871,074  
Other securities      
Held-to-maturity      
Amortized Cost 256,007 261,199  
Allowance for Credit Losses (1,208) (1,278) $ (82)
Net Carrying Amount 254,799 259,921  
Gross Unrealized Gains 0 0  
Gross Unrealized (Losses) (25,010) (29,040)  
Estimated Fair Value 229,789 230,881  
Available-for-sale      
Amortized Cost 259,165 272,215  
Allowance for Credit Losses 0 0  
Gross Unrealized Gains 0 0  
Gross Unrealized (Losses) (24,868) (19,813)  
Estimated Fair Value $ 234,297 $ 252,402