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OFF-BALANCE SHEET ARRANGEMENTS, COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Fair Value, Off-balance Sheet Risks
The contractual amounts of financial instruments with off-balance sheet risk are as follows:
December 31, 2022December 31, 2021
Fixed
Rate
Variable
Rate
Fixed
Rate
Variable
Rate
(In thousands)
Commitments to extend credit(1)
$673,098 $1,686,627 $484,441 $607,106 
Standby letters of credit10,310 25,190 8,536 12,624 
Total$683,408 $1,711,817 $492,977 $619,730 
(1)    At December 31, 2022 and 2021, the Company had FHLB Letters of Credit in the amount of $1.08 billion and $1.36 billion, respectively, pledged as collateral for public and other deposits of state and local government agencies. For more information on FHLB borrowings, see Note 12 Borrowings and Borrowing Capacity.