XML 59 R49.htm IDEA: XBRL DOCUMENT v3.24.2.u1
INVESTMENT SECURITIES - Schedule of Amortized Cost and Estimated Fair Value of Available-for-Sale and Held-to-Maturity Investment Securities (Details) - USD ($)
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Available-for-Sale Debt Securities            
Amortized Cost $ 4,374,333,000   $ 4,504,342,000      
Gross Unrealized Gain 330,000   168,000      
Gross Unrealized Loss 722,750,000   657,973,000      
Allowance for Credit Losses 0   0      
Fair Value 3,651,913,000   3,846,537,000      
Held-to-Maturity Debt Securities            
Amortized Cost 1,038,861,000   1,058,565,000      
Gross Unrealized Gain 527,000   2,665,000      
Gross Unrealized Loss 109,713,000   75,291,000      
Allowance for Credit Losses 7,000   8,000      
Fair Value 929,668,000   985,931,000      
Available for sale securities transfers to held to maturity unrealized losses 110,600,000          
Collateralized mortgage obligation (CMO)            
Available-for-Sale Debt Securities            
Amortized Cost 550,076,000   560,952,000      
Gross Unrealized Gain 193,000   0      
Gross Unrealized Loss 100,871,000   96,333,000      
Allowance for Credit Losses 0   0      
Fair Value 449,398,000   464,619,000      
Fannie Mae (FNMA) mortgage-backed securities (MBS)            
Available-for-Sale Debt Securities            
Amortized Cost 3,430,171,000   3,544,762,000      
Gross Unrealized Gain 136,000   162,000      
Gross Unrealized Loss 558,186,000   502,574,000      
Allowance for Credit Losses 0   0      
Fair Value 2,872,121,000   3,042,350,000      
Held-to-Maturity Debt Securities            
Amortized Cost 853,910,000   872,653,000      
Gross Unrealized Gain 0   0      
Gross Unrealized Loss 106,377,000   74,332,000      
Allowance for Credit Losses 0   0      
Fair Value 747,533,000   798,321,000      
Freddie Mac (FHLMC) MBS            
Available-for-Sale Debt Securities            
Amortized Cost 122,622,000   126,856,000      
Gross Unrealized Gain 0   0      
Gross Unrealized Loss 13,410,000   11,324,000      
Allowance for Credit Losses 0   0      
Fair Value 109,212,000   115,532,000      
Ginnie Mae (GNMA) MBS            
Available-for-Sale Debt Securities            
Amortized Cost 47,310,000   46,333,000      
Gross Unrealized Gain 1,000   6,000      
Gross Unrealized Loss 4,062,000   2,999,000      
Allowance for Credit Losses 0   0      
Fair Value 43,249,000   43,340,000      
Government-sponsored enterprises (GSE) agency notes            
Available-for-Sale Debt Securities            
Amortized Cost 224,154,000   225,439,000      
Gross Unrealized Gain 0   0      
Gross Unrealized Loss 46,221,000   44,743,000      
Allowance for Credit Losses 0   0      
Fair Value 177,933,000   180,696,000      
State and political subdivisions            
Held-to-Maturity Debt Securities            
Amortized Cost 184,951,000   185,912,000      
Gross Unrealized Gain 527,000   2,665,000      
Gross Unrealized Loss 3,336,000   959,000      
Allowance for Credit Losses 7,000 $ 8,000 8,000 $ 8,000 $ 9,000 $ 10,000
Fair Value $ 182,135,000   187,610,000      
Available for sale securities transfers to held to maturity unrealized losses     $ 120,400,000