XML 52 R39.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investment Securities - Amortized Cost and Estimated Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
AFS investment securities:        
Amortized  Cost $ 1,188,053 $ 1,176,040    
Gross Unrealized Gain 247 433    
Gross Unrealized Loss (34,279) (36,402)    
Estimated Fair Value 1,154,021 1,140,071    
HTM investment securities:        
Amortized  Cost 1,720,596 1,729,667    
Allowance for Credit Losses (115) (126)    
Net Carrying Amount 1,720,481 1,729,541    
Gross Unrecognized Gain 1,698 2,694    
Gross Unrecognized Loss (274,482) (246,729)    
Estimated Fair Value 1,447,697 1,485,506    
U.S. Treasury        
AFS investment securities:        
Amortized  Cost 565,128 538,899    
Gross Unrealized Gain 4 381    
Gross Unrealized Loss (193) (24)    
Estimated Fair Value 564,939 539,256    
Agency        
AFS investment securities:        
Amortized  Cost 1,734 1,941    
Gross Unrealized Gain 0 0    
Gross Unrealized Loss (64) (73)    
Estimated Fair Value 1,670 1,868    
Corporate        
AFS investment securities:        
Amortized  Cost 471,426 481,499    
Gross Unrealized Gain 243 52    
Gross Unrealized Loss (32,787) (35,208)    
Estimated Fair Value 438,882 446,343    
Collateralized mortgage obligations        
AFS investment securities:        
Amortized  Cost 149,765 153,701    
Gross Unrealized Gain 0 0    
Gross Unrealized Loss (1,235) (1,097)    
Estimated Fair Value 148,530 152,604    
HTM investment securities:        
Amortized  Cost 329,837 334,997    
Allowance for Credit Losses 0 0    
Net Carrying Amount 329,837 334,997    
Gross Unrecognized Gain 1,288 1,565    
Gross Unrecognized Loss (10,867) (9,570)    
Estimated Fair Value 320,258 326,992    
Mortgage-backed securities        
HTM investment securities:        
Amortized  Cost 228,611 232,157    
Allowance for Credit Losses 0 0    
Net Carrying Amount 228,611 232,157    
Gross Unrecognized Gain 146 310    
Gross Unrecognized Loss (35,422) (30,798)    
Estimated Fair Value 193,335 201,669    
Municipal bonds        
HTM investment securities:        
Amortized  Cost 1,145,902 1,146,244    
Allowance for Credit Losses (115) (126) $ (227) $ (43)
Net Carrying Amount 1,145,787 1,146,118    
Gross Unrecognized Gain 264 819    
Gross Unrecognized Loss (228,193) (206,361)    
Estimated Fair Value 917,858 940,576    
Other        
HTM investment securities:        
Amortized  Cost 16,246 16,269    
Allowance for Credit Losses 0 0    
Net Carrying Amount 16,246 16,269    
Gross Unrecognized Gain 0 0    
Gross Unrecognized Loss 0 0    
Estimated Fair Value $ 16,246 $ 16,269