Other Borrowings and Subordinated Notes and Debentures (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

Debt at March 31, 2025 and December 31, 2024 consisted of the following components: 

	March 31,		December 31,
(In thousands)	2025		2024
Other Borrowings
FHLB advances, net of discount, due 2025 to 2033, 4.38% to 5.53% secured by real estate loans	$	867,873	$	727,945
Other long-term debt	16,990		17,427
Total other borrowings	884,863		745,372
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 SOFR rate, reset quarterly)	330,000		330,000
Subordinated notes payable, net of premium adjustments, due 7/31/2030, fixed-to-floating rate (fixed rate of 6.00% through 7/30/2025, floating rate of 5.92% above the three-month SOFR rate, reset quarterly)	37,029		37,057
Unamortized debt issuance costs	(698)		(764)
Total subordinated notes and debentures	366,331		366,293
Total other borrowings and subordinated debt	$	1,251,194	$	1,111,665

Schedule of Aggregate Annual Maturities of Long-term Debt

Aggregate annual maturities of long-term debt at March 31, 2025, are as follows:

Year	(In thousands)
Remainder of 2025	$	1,350
2026	1,824
2027	1,919
2028	332,792
2029	10,190
Thereafter	38,119
Total	$	386,194