v3.25.2
INVESTMENT SECURITIES - Summary of Amortized Cost, Gross Unrealized Gains and Losses and Approximate Fair Value of Investment Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Available for sale securities    
Amortized Cost $ 1,598,205 $ 1,624,906
Gross Unrealized Gains 1,213 422
Gross Unrealized Losses 241,288 238,853
Fair Value 1,358,130 1,386,475
Held to maturity securities    
Amortized Cost 2,023,071 2,074,465
Allowance for Credit Losses 245 245
Net Carrying Amount 2,022,826 2,074,220
Gross Unrealized Gains 259 299
Gross Unrealized Losses 336,090 351,244
Fair Value 1,687,240 1,723,520
U.S. Government-sponsored agency securities    
Available for sale securities    
Amortized Cost 91,585 95,462
Gross Unrealized Gains 0 0
Gross Unrealized Losses 13,346 16,081
Fair Value 78,239 79,381
Held to maturity securities    
Amortized Cost 334,970 345,531
Allowance for Credit Losses 0 0
Net Carrying Amount 334,970 345,531
Gross Unrealized Gains 0 0
Gross Unrealized Losses 52,156 63,112
Fair Value 282,814 282,419
State and municipal    
Available for sale securities    
Amortized Cost 992,236 996,541
Gross Unrealized Gains 41 19
Gross Unrealized Losses 152,264 133,386
Fair Value 840,013 863,174
Held to maturity securities    
Amortized Cost 1,076,773 1,085,921
Allowance for Credit Losses 245 245
Net Carrying Amount 1,076,528 1,085,676
Gross Unrealized Gains 259 299
Gross Unrealized Losses 201,668 185,784
Fair Value 875,364 900,436
U.S. Government-sponsored mortgage-backed securities    
Available for sale securities    
Amortized Cost 503,417 519,943
Gross Unrealized Gains 1,172 403
Gross Unrealized Losses 75,128 88,724
Fair Value 429,461 431,622
Held to maturity securities    
Amortized Cost 609,828 641,513
Allowance for Credit Losses 0 0
Net Carrying Amount 609,828 641,513
Gross Unrealized Gains 0 0
Gross Unrealized Losses 82,266 102,343
Fair Value 527,562 539,170
Corporate obligations    
Available for sale securities    
Amortized Cost 10,967 12,960
Gross Unrealized Gains 0 0
Gross Unrealized Losses 550 662
Fair Value 10,417 12,298
Foreign investment    
Held to maturity securities    
Amortized Cost 1,500 1,500
Allowance for Credit Losses 0 0
Net Carrying Amount 1,500 1,500
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 5
Fair Value $ 1,500 $ 1,495