v3.25.2
Fair Value (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following table summarizes assets measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:
June 30, 2025
(Dollars in thousands)Level 1
Inputs		Level 2
Inputs		Level 3
Inputs		Total
Fair Value
Financial Assets:
AFS debt securities$— $1,242,285 $— $1,242,285 
Equity securities with a readily determinable fair value9,980 — — 9,980 
LHFS(1)
— 68,798 — 68,798 
Interest rate derivatives designated as hedging instruments— 9,735 — 9,735 
Correspondent interest rate derivatives not designated as hedging instruments— 13,006 — 13,006 
Customer interest rate derivatives not designated as hedging instruments— 6,652 — 6,652 
Financial Liabilities:
Interest rate derivatives designated as hedging instruments$— $30,196 $— $30,196 
Correspondent interest rate derivatives not designated as hedging instruments— 7,079 — 7,079 
Customer interest rate derivatives not designated as hedging instruments— 12,383 — 12,383 
(1) Represents LHFS elected to be carried at fair value upon origination or acquisition.
 December 31, 2024
(Dollars in thousands)Level 1
Inputs		Level 2
Inputs		Level 3
Inputs		Total
Fair Value
Financial Assets:
 AFS debt securities$— $1,294,512 $— $1,294,512 
Equity securities with a readily determinable fair value9,781 — — 9,781 
LHFS(1)
— 88,405 — 88,405 
Interest rate derivatives designated as hedging instruments— 7,786 — 7,786 
Correspondent interest rate derivatives not designated as hedging instruments— 25,328 — 25,328 
Customer interest rate derivatives not designated as hedging instruments— 1,514 — 1,514 
Financial Liabilities:
Interest rate derivatives designated as hedging instruments$— $41,893 $— $41,893 
Correspondent interest rate derivatives not designated as hedging instruments— 1,651 — 1,651 
Customer interest rate derivatives not designated as hedging instruments— 24,817 — 24,817 
(1) Represents LHFS elected to be carried at fair value upon origination or acquisition.
Schedule of Assets Measured at Fair Value on a Non-Recurring Basis
The following table summarizes assets measured at fair value on a non-recurring basis as of June 30, 2025 and December 31, 2024, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

 Fair Value
Measurements Using
(Dollars in thousands)Level 3
Inputs
As of June 30, 2025    
  Assets: 
Collateral dependent loans with an ACL$1,531 
Servicing assets with a valuation allowance3,675 
OREO9,218 
As of December 31, 2024
  Assets:
Collateral dependent loans with an ACL$4,182 
Servicing assets with a valuation allowance3,356 
OREO24,737 
Schedule of Estimated Fair Values and Carrying Values of All Financial Instruments
The estimated fair values and carrying values of all financial instruments not measured at fair value on a recurring basis under current authoritative guidance as of June 30, 2025 and December 31, 2024 were as follows:
Fair Value
(Dollars in thousands)Carrying
Amount		Level 1Level 2Level 3
June 30, 2025
Financial assets:
Cash and cash equivalents$770,565 $— $770,565 $— 
HTM debt securities176,519 — 152,319 — 
LHFS(1)
682 — 682 — 
LHI(2) (3)
9,338,845 — — 9,279,057 
Accrued interest receivable44,428 — 44,428 — 
BOLI86,048 — 86,048 — 
Servicing asset7,463 — — 10,094 
Financial liabilities:
Noninterest-bearing deposits$2,133,294 $— $2,133,294 $— 
Interest-bearing deposits8,284,626 — 8,086,787 — 
Advances from FHLB169,000 — 169,000 — 
Accrued interest payable21,750 — 21,750 — 
Subordinated debentures and subordinated notes156,082 — 157,268 — 
December 31, 2024
Financial assets:
Cash and cash equivalents$855,200 $— $855,200 $— 
HTM debt securities184,026 — 160,560 — 
LHFS(1)
904 — 904 — 
LHI(2)
9,499,746 — — 9,409,813 
Accrued interest receivable46,328 — 46,328 — 
BOLI85,324 — 85,324 — 
Servicing asset6,565 — 6,565 — 
Financial liabilities:
Noninterest-bearing deposits$2,191,457 $— $2,191,457 $— 
Interest-bearing deposits8,561,135 — 8,349,988 — 
Accrued interest payable38,568 — 38,568 — 
Subordinated debentures and subordinated notes230,736 — 230,736 — 
(1) LHFS represent mortgage LHFS that are carried at lower of cost or market.
(2) LHI includes MW and is carried at amortized cost.
(3) Presented net of ACL.