Balance Sheet Offsetting Balance Sheet Offsetting (Tables)
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12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] |
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| Financial Instruments Eligible for Offset Consolidated Balance Sheet |
Information about financial instruments that are eligible for offset in the consolidated balance sheet as of December 31, 2022 is presented in the following tables. | | | | | | | | | | | | | | | | | | | Gross Amount
Recognized | | Gross Amount
Offset | | Net Amount
Recognized | | December 31, 2022 | | | | | | | Financial assets: | | | | | | | Derivatives: | | | | | | | Loan/lease interest rate swaps and caps | $ | 85,691 | | | $ | — | | | $ | 85,691 | | | Commodity swaps and options | 33,302 | | | — | | | 33,302 | | | Foreign currency forward/option contracts | 1 | | | — | | | 1 | | | Total derivatives | 118,994 | | | — | | | 118,994 | | | Resell agreements | 87,150 | | | — | | | 87,150 | | | Total | $ | 206,144 | | | $ | — | | | $ | 206,144 | | | Financial liabilities: | | | | | | | Derivatives: | | | | | | | Loan/lease interest rate swaps | $ | 1,102 | | | $ | — | | | $ | 1,102 | | | Commodity swaps and options | 72,717 | | | — | | | 72,717 | | | Foreign currency forward/option contracts | 10 | | | — | | | 10 | | | Total derivatives | 73,829 | | | — | | | 73,829 | | | Repurchase agreements | 4,660,641 | | | — | | | 4,660,641 | | | Total | $ | 4,734,470 | | | $ | — | | | $ | 4,734,470 | |
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Information about financial instruments that are eligible for offset in the consolidated balance sheet as of December 31, 2021 is presented in the following tables. | | | | | | | | | | | | | | | | | | | Gross Amount
Recognized | | Gross Amount
Offset | | Net Amount
Recognized | | December 31, 2021 | | | | | | | Financial assets: | | | | | | | Derivatives: | | | | | | | Loan/lease interest rate swaps and caps | $ | 4,446 | | | $ | — | | | $ | 4,446 | | | Commodity swaps and options | 18,864 | | | — | | | 18,864 | | | Foreign currency forward/option contracts | 29 | | | — | | | 29 | | | Total derivatives | 23,339 | | | — | | | 23,339 | | | Resell agreements | 7,903 | | | — | | | 7,903 | | | Total | $ | 31,242 | | | $ | — | | | $ | 31,242 | | | Financial liabilities: | | | | | | | Derivatives: | | | | | | | Loan/lease interest rate swaps | $ | 19,176 | | | $ | — | | | $ | 19,176 | | | Commodity swaps and options | 94,843 | | | — | | | 94,843 | | | | | | | | | Total derivatives | 114,019 | | | — | | | 114,019 | | | Repurchase agreements | 2,740,799 | | | — | | | 2,740,799 | | | Total | $ | 2,854,818 | | | $ | — | | | $ | 2,854,818 | |
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| Financial Instruments Derivative Assets Liabilities And Resell Agreements Net Of Amount Not Offset |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts Not Offset | | | | Net Amount
Recognized | | Financial
Instruments | | Collateral | | Net
Amount | | December 31, 2022 | | | | | | | | | Financial assets: | | | | | | | | | Derivatives: | | | | | | | | | Counterparty B | $ | 39,370 | | | $ | (24,500) | | | $ | (14,870) | | | $ | — | | | Counterparty E | 14,430 | | | (47) | | | (14,131) | | | 252 | | | Counterparty F | 17,297 | | | (17,297) | | | — | | | — | | | Counterparty G | 10,660 | | | — | | | (10,660) | | | — | | | Other counterparties | 37,237 | | | (20,684) | | | (16,307) | | | 246 | | | Total derivatives | 118,994 | | | (62,528) | | | (55,968) | | | 498 | | | Resell agreements | 87,150 | | | — | | | (87,150) | | | — | | | Total | $ | 206,144 | | | $ | (62,528) | | | $ | (143,118) | | | $ | 498 | | | Financial liabilities: | | | | | | | | | Derivatives: | | | | | | | | | Counterparty B | $ | 24,500 | | | $ | (24,500) | | | $ | — | | | $ | — | | | Counterparty E | 47 | | | (47) | | | — | | | — | | | Counterparty F | 27,747 | | | (17,297) | | | (8,479) | | | 1,971 | | | Counterparty G | — | | | — | | | — | | | — | | | Other counterparties | 21,535 | | | (20,684) | | | (851) | | | — | | | Total derivatives | 73,829 | | | (62,528) | | | (9,330) | | | 1,971 | | | Repurchase agreements | 4,660,641 | | | — | | | (4,660,641) | | | — | | | Total | $ | 4,734,470 | | | $ | (62,528) | | | $ | (4,669,971) | | | $ | 1,971 | |
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| | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts Not Offset | | | | Net Amount
Recognized | | Financial
Instruments | | Collateral | | Net
Amount | | December 31, 2021 | | | | | | | | | Financial assets: | | | | | | | | | Derivatives: | | | | | | | | | Counterparty B | $ | 7,655 | | | $ | (7,655) | | | $ | — | | | $ | — | | | Counterparty E | 411 | | | (411) | | | — | | | — | | | Counterparty F | 12,078 | | | (12,078) | | | — | | | — | | | Counterparty G | 1,783 | | | (1,783) | | | — | | | — | | | Other counterparties | 1,412 | | | (1,412) | | | — | | | — | | | Total derivatives | 23,339 | | | (23,339) | | | — | | | — | | | Resell agreements | 7,903 | | | — | | | (7,903) | | | — | | | Total | $ | 31,242 | | | $ | (23,339) | | | $ | (7,903) | | | $ | — | | | Financial liabilities: | | | | | | | | | Derivatives: | | | | | | | | | Counterparty B | $ | 28,130 | | | $ | (7,655) | | | $ | (20,475) | | | $ | — | | | Counterparty E | 601 | | | (411) | | | (190) | | | — | | | Counterparty F | 20,813 | | | (12,078) | | | (8,735) | | | — | | | Counterparty G | 1,789 | | | (1,783) | | | (6) | | | — | | | Other counterparties | 62,686 | | | (1,412) | | | (61,167) | | | 107 | | | Total derivatives | 114,019 | | | (23,339) | | | (90,573) | | | 107 | | | Repurchase agreements | 2,740,799 | | | — | | | (2,740,799) | | | — | | | Total | $ | 2,854,818 | | | $ | (23,339) | | | $ | (2,831,372) | | | $ | 107 | |
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| Remaining Contractual Maturity of the Securities Sold Under Agreement |
The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of December 31, 2022 and December 31, 2021 is presented in the following tables. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Remaining Contractual Maturity of the Agreements | | Overnight and Continuous | | Up to 30 Days | | 30-90 Days | | Greater than 90 Days | | Total | | December 31, 2022 | | | | | | | | | | | Repurchase agreements: | | | | | | | | | | | U.S. Treasury | $ | 3,735,061 | | | $ | — | | | $ | — | | | $ | — | | | $ | 3,735,061 | | | | | | | | | | | | | Residential mortgage-backed securities | 925,580 | | | — | | | — | | | — | | | 925,580 | | | Total borrowings | $ | 4,660,641 | | | $ | — | | | $ | — | | | $ | — | | | $ | 4,660,641 | | | Gross amount of recognized liabilities for repurchase agreements | | $ | 4,660,641 | | | Amounts related to agreements not included in offsetting disclosures above | | $ | — | | | | | | | | | | | | | December 31, 2021 | | | | | | | | | | | Repurchase agreements: | | | | | | | | | | | U.S. Treasury | $ | 1,342,591 | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,342,591 | | | | | | | | | | | | Residential mortgage-backed securities | 1,398,208 | | | — | | | — | | | — | | | 1,398,208 | | | Total borrowings | $ | 2,740,799 | | | $ | — | | | $ | — | | | $ | — | | | $ | 2,740,799 | | | Gross amount of recognized liabilities for repurchase agreements | | $ | 2,740,799 | | | Amounts related to agreements not included in offsetting disclosures above | | $ | — | |
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