Short-Term and Other Borrowings (Tables)

6 Months Ended

Jun. 30, 2024

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:

	June 30, 2024			December 31, 2023
	Short-term Borrowings			Short-term Borrowings
Outstanding balance	$	500,500		$	338,000
Interest rate on balance		5.43	%		5.41	%

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
	Short-term Borrowings			Short-term Borrowings			Short-term Borrowings			Short-term Borrowings
Maximum indebtedness	$	501,500		$	302,000		$	501,500		$	540,000
Average balance		440,670			242,395			384,679			306,952
Average rate paid		5.46	%		5.15	%		5.45	%		4.84	%