Short-Term and Other Borrowings (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Summary of Federal Funds Purchased, Securities Sold Under Agreements to Repurchase and Other Short-term Borrowings

Short-term and other borrowings, which consist of federal funds purchased, securities sold under agreements to repurchase and other short-term borrowings, are summarized as follows:

	At March 31, 2023					At December 31, 2022
	Federal Funds Purchased		Short-term Borrowings			Federal Funds Purchased		Short-term Borrowings
Outstanding balance	$	—	$	212,000		$	—	$	393,700
Interest rate on balance		—		4.86	%		—		4.24	%

	Three Months Ended March 31,
	2023			2023			2022		2022
	Federal Funds Purchased			Short-term Borrowings			Federal Funds Purchased		Short-term Borrowings
Maximum indebtedness	$	30,000		$	540,000		$	—	$	15,800
Average balance		333			372,226			—		358
Average rate paid		5.96	%		4.64	%		—		0.30	%

Summary of Securities Pledged as Collateral Under Repurchase Agreements

The following table presents detail regarding the securities pledged as collateral under repurchase agreements as of March 31, 2023 and December 31, 2022. All of the repurchase agreements are overnight agreements.

	March 31, 2023		December 31, 2022
Securities pledged for repurchase agreements:
U.S. Treasury securities	$	15,631	$	25,143
Obligations of U.S. government agencies		—		—
Total securities pledged	$	15,631	$	25,143
Gross amount of recognized liabilities for repurchase    agreements	$	15,631	$	25,143
Amounts related to agreements not included in offsetting    disclosures above	$	—	$	—