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Fair Value of Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Company's Financial Instruments Measured at Fair Value on a Recurring Basis
The following fair value hierarchy table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis at the dates indicated:
March 31, 2024
 Fair Value Measurement Using Total Fair Value
(Dollars in thousands)Level 1Level 2Level 3
Financial assets
AFS investment securities:    
U.S. Treasury$— $564,939 $— $564,939 
Agency— 1,670 — 1,670 
Corporate— 438,882 — 438,882 
Collateralized mortgage obligations— 148,530 — 148,530 
Total AFS investment securities$— $1,154,021 $— $1,154,021 
Equity securities$631 $— $— $631 
Derivative assets:
Foreign exchange contracts$8 $— $— $8 
Interest rate swaps (1)
— 6,488 — 6,488 
Total derivative assets$8 $6,488 $— $6,496 
Financial liabilities
Derivative liabilities:
Interest rate swaps$— $12,019 $— $12,019 
Total derivative liabilities$— $12,019 $— $12,019 
______________________________
(1) Represents amounts after the application of variation margin payments as settlements with central counterparties, where applicable. See Note 11 – Derivative Instruments for additional information.
December 31, 2023
 Fair Value Measurement UsingTotal Fair Value
(Dollars in thousands)Level 1Level 2Level 3
Financial assets
AFS investment securities:    
U.S. Treasury$— $539,256 $— $539,256 
Agency— 1,868 — 1,868 
Corporate— 446,343 — 446,343 
Collateralized mortgage obligations— 152,604 — 152,604 
Total AFS investment securities$— $1,140,071 $— $1,140,071 
Equity securities
$759 $— $— $759 
Derivative assets:
Foreign exchange contracts$1 $— $— $1 
Interest rate swaps (1)
— 5,643 — 5,643 
Total derivative assets$1 $5,643 $— $5,644 
Financial liabilities
Derivative liabilities:
Foreign exchange$10 $— $— $10 
Interest rate swaps— 10,705 — 10,705 
Total derivative liabilities$10 $10,705 $— $10,715 
______________________________
(1) Represents amounts after the application of variation margin payments as settlements with central counterparties, where applicable. See Note 11 – Derivative Instruments for additional information.
Schedule of Reconciliation of Fair Value of Equity Warrants
The following table is a reconciliation of the fair value of the equity warrants that are classified as Level 3 and measured on a recurring basis as of:
Three Months Ended
March 31,March 31,
(Dollars in thousands)20242023
Beginning balance$— $1,894 
Change in fair value (1)
— (20)
Net exercise— (1,462)
Ending balance$— $412 
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(1) The changes in fair value are included in other income on the consolidated statement of income.
Schedule of Company's Financial Instruments Measured at Fair Value on a Nonrecurring Basis
The following table presents our assets measured at fair value on a nonrecurring basis at the dates indicated.
(Dollars in thousands)Fair Value Measurement UsingTotal
Fair Value
March 31, 2024Level 1Level 2Level 3
Financial assets   
Collateral dependent loans$— $— $3,923 $3,923 
Total assets$— $— $3,923 $3,923 
December 31, 2023
Financial assets    
Collateral dependent loans$— $— $1,569 $1,569 
Other real estate owned— — 248 248 
Total assets$— $— $1,817 $1,817 
Schedule of Quantitative Information for Level 3 Fair Value Measurements
The following table presents quantitative information about Level 3 fair value measurements for assets measured at fair value on a nonrecurring basis at the dates indicated.
  Range
(Dollars in thousands)Fair ValueValuation Technique(s)Unobservable Input(s)MinMaxWeighted Average
March 31, 2024
Investor loans secured by real estate
CRE non-owner-occupied$3,852 Fair value of collateralCost to sell10.00%10.00%10.00%
SBA secured by real estate (1)
71 Fair value of collateralCost to sell10.00%10.00%10.00%
Total individually evaluated loans3,923 
Total assets$3,923 
December 31, 2023
Investor loans secured by real estate
SBA secured by real estate (1)
$419 Fair value of collateralCost to sell10.00%10.00%10.00%
Commercial loans
Commercial and industrial1,150 Fair value of collateralCost to sell7.00%7.00%7.00%
Total individually evaluated loans1,569 
Other real estate owned
248 Fair value of propertyCost to sell10.00%10.00%10.00%
Total assets
$1,817 
______________________________
(1) SBA loans that are collateralized by hotel/motel real property.
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments
The fair value estimates presented herein are based on pertinent information available to management as of the dates indicated, representing an exit price.
 March 31, 2024
(Dollars in thousands)Carrying
Amount		Level 1Level 2Level 3Estimated
Fair Value
Assets     
Cash and cash equivalents$1,028,818 $1,028,818 $— $— $1,028,818 
Interest-bearing time deposits with financial institutions995 995 — — 995 
HTM investment securities1,720,481 — 1,447,697 — 1,447,697 
AFS investment securities1,154,021 — 1,154,021 — 1,154,021 
Equity securities631 631 — — 631 
Loans held for investment, net13,012,071 — — 12,304,608 12,304,608 
Derivative assets (1)
6,496 8 6,488 — 6,496 
Accrued interest receivable67,642 — 67,642 — 67,642 
Liabilities     
Deposit accounts$15,187,828 $— $15,200,489 $— $15,200,489 
FHLB advances200,000 — 199,084 — 199,084 
Subordinated debentures332,001 — 321,657 — 321,657 
Derivative liabilities12,019 — 12,019 — 12,019 
Accrued interest payable13,903 — 13,903 — 13,903 
______________________________
(1) Represents amounts after the application of variation margin payments as settlements with central counterparties, where applicable. See Note 11 – Derivative Instruments for additional information.
 December 31, 2023
(Dollars in thousands)Carrying
Amount		Level 1Level 2Level 3Estimated
Fair Value
Assets     
Cash and cash equivalents$936,473 $936,473 $— $— $936,473 
Interest-bearing time deposits with financial institutions995 995 — — 995 
HTM investment securities1,729,541 — 1,485,506 — 1,485,506 
AFS investment securities1,140,071 — 1,140,071 — 1,140,071 
Equity securities
759 759 — — 759 
Loans held for investment, net13,289,020 — — 12,562,323 12,562,323 
Derivative assets (1)
5,644 1 5,643 — 5,644 
Accrued interest receivable68,516 — 68,516 — 68,516 
Liabilities     
Deposit accounts$14,995,626 $— $15,003,769 $— $15,003,769 
FHLB advances600,000 — 592,480 — 592,480 
Subordinated debentures331,842 — 320,687 — 320,687 
Derivative liabilities10,715 10 10,705 — 10,715 
Accrued interest payable18,671 — 18,671 — 18,671 
______________________________
(1) Represents amounts after the application of variation margin payments as settlements with central counterparties, where applicable. See Note 11 – Derivative Instruments for additional information.