Short-Term Borrowings and Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Outstanding Short Term Borrowings and Long Term Debt

The following table represents outstanding short-term borrowings and long-term debt at March 31, 2017 and December 31, 2016:

				Carrying Value
(Dollars in thousands)	Maturity	Principal value at March 31, 2017		March 31, 2017		December 31, 2016
Short-term borrowings:
Short-term FHLB advances		$	—	$	—	$	500,000
Other short-term borrowings	(1)	5,163		5,163		12,668
Total short-term borrowings				$	5,163	$	512,668
Long-term debt:
3.50% Senior Notes	January 29, 2025	$	350,000	$	347,059	$	346,979
5.375% Senior Notes	September 15, 2020	350,000		347,733		347,586
6.05% Subordinated Notes (2)	June 1, 2017	45,964		46,223		46,646
7.0% Junior Subordinated Debentures	October 15, 2033	50,000		54,450		54,493
Total long-term debt				$	795,465	$	795,704

(1) Represents cash collateral received from certain counterparties in relation to market value exposures of derivative contracts in our favor, which includes an interest rate swap agreement related to our 6.05% Subordinated Notes.

(2) At March 31, 2017 and December 31, 2016, included in the carrying value of our 6.05% Subordinated Notes were $0.3 million and $0.8 million, respectively, related to hedge accounting associated with the notes