Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Short-term borrowings at December 31, 2015 and 2014 consisted of the following:

	2015		2014
	(in thousands)
Securities sold under agreements to repurchase	$	500,991	$	146,781
Federal funds purchased	50,000		—
FHLB advances	526,000		—
Total short-term borrowings	$	1,076,991	$	146,781

Schedule of Long-Term Borrowings

Long-term borrowings at December 31, 2015 and 2014 consisted of the following:

	2015		2014
	(in thousands)
FHLB advances	$	1,272,591	$	1,832,166
Securities sold under agreements to repurchase	307,500		462,500
Subordinated debt, net *	230,573		229,944
Other	64		434
Total long-term borrowings	$	1,810,728	$	2,525,044

* Subordinated debt is presented net of debt issuance costs totaling $2.2 million and $1.4 million at December 31, 2015 and 2014, respectively.

Schedule of FHLB Repayment

The long-term FHLB advances at December 31, 2015 are scheduled for repayment as follows:

Year	Amount
	(in thousands)
2016	$	184,636
2017	97,960
2018	354,995
Thereafter	635,000
Total long-term FHLB advances	$	1,272,591

Schedule of Repayment of Long-Term Borrowings for Securities Sold Under Agreements to Repurchase

The long-term repos at December 31, 2015 are scheduled for repayment as follows:

Year	Amount
	(in thousands)
2016	$	92,500
2017	65,000
2018	100,000
Thereafter	50,000
Total long-term securities sold under agreements to repurchase	$	307,500