XML 69 R53.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Investment Securities - Summary of Investment Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Held-to-maturity            
Amortized Cost $ 3,688,664   $ 3,729,502      
Allowance for Credit Losses (3,214) $ (3,214) (3,214) $ (3,214) $ (1,888) $ (1,388)
Net Carrying Amount 3,685,450   3,726,288      
Gross Unrealized Gains 218   638      
Gross Unrealized (Losses) (680,144)   (591,556)      
Estimated Fair Value 3,005,524   3,135,370      
Available-for-sale            
Amortized Cost 3,255,738   3,509,709      
Allowance for Credit Losses 0   0 (2,396) (5,800) 0
Gross Unrealized Gains 289   230      
Gross Unrealized (Losses) (370,123)   (357,786)      
Estimated Fair Value 2,885,904   3,152,153      
U.S. Treasury            
Available-for-sale            
Amortized Cost 1,294   2,285      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (19)   (31)      
Estimated Fair Value 1,275   2,254      
U.S. Government agencies            
Held-to-maturity            
Amortized Cost 454,488   453,121      
Allowance for Credit Losses 0   0      
Net Carrying Amount 454,488   453,121      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (95,882)   (89,203)      
Estimated Fair Value 358,606   363,918      
Available-for-sale            
Amortized Cost 68,370   74,460      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 37   35      
Gross Unrealized (Losses) (1,844)   (1,993)      
Estimated Fair Value 66,563   72,502      
Mortgage-backed securities            
Held-to-maturity            
Amortized Cost 1,119,741   1,161,694      
Allowance for Credit Losses 0   0      
Net Carrying Amount 1,119,741   1,161,694      
Gross Unrealized Gains 171   354      
Gross Unrealized (Losses) (128,910)   (107,834)      
Estimated Fair Value 991,002   1,054,214      
Available-for-sale            
Amortized Cost 1,931,923   2,138,652      
Allowance for Credit Losses 0   0      
Gross Unrealized Gains 0   8      
Gross Unrealized (Losses) (201,081)   (198,353)      
Estimated Fair Value 1,730,842   1,940,307      
State and political subdivisions            
Held-to-maturity            
Amortized Cost 1,857,600   1,858,680      
Allowance for Credit Losses (191) (2,252) (2,006) (934) (362) (110)
Net Carrying Amount 1,857,409   1,856,674      
Gross Unrealized Gains 47   284      
Gross Unrealized (Losses) (428,369)   (369,509)      
Estimated Fair Value 1,429,087   1,487,449      
Available-for-sale            
Amortized Cost 1,010,060   1,035,147      
Allowance for Credit Losses 0   0 0 0 0
Gross Unrealized Gains 125   187      
Gross Unrealized (Losses) (145,995)   (132,541)      
Estimated Fair Value 864,190   902,793      
Other securities            
Held-to-maturity            
Amortized Cost 256,835   256,007      
Allowance for Credit Losses (3,023) $ (962) (1,208) (2,280) (1,526) (1,278)
Net Carrying Amount 253,812   254,799      
Gross Unrealized Gains 0   0      
Gross Unrealized (Losses) (26,983)   (25,010)      
Estimated Fair Value 226,829   229,789      
Available-for-sale            
Amortized Cost 244,091   259,165      
Allowance for Credit Losses 0   0 $ (2,396) $ (5,800) $ 0
Gross Unrealized Gains 127   0      
Gross Unrealized (Losses) (21,184)   (24,868)      
Estimated Fair Value $ 223,034   $ 234,297