| Schedule of Borrowed Funds |
Borrowed funds at June 30, 2025 and December 31, 2024 were as follows (in thousands): | | | | | | | | | | | | | June 30, | | December 31, | | 2025 | | 2024 | | FHLB advances | $ | 938,687 | | | $ | 1,072,611 | | | Securities sold under agreements to repurchase with customers | 61,490 | | | 60,567 | | | Other borrowings | 198,019 | | | 197,546 | | | Total borrowed funds | $ | 1,198,196 | | | $ | 1,330,724 | |
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| Schedule of Pledged Assets |
The following table presents the assets pledged to secure borrowings, borrowing capacity, repurchase agreements, letters of credit, and for other purposes required by law at carrying value (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Loans | | Debt securities | | Total | | June 30, 2025 | | | | | | | | FHLB and FRB | | $ | 7,324,626 | | | $ | 918,897 | | | $ | 8,243,523 | | | Repurchase agreements | | — | | | 64,720 | | | 64,720 | | | | | | | | | | Total pledged assets | | $ | 7,324,626 | | | $ | 983,617 | | | $ | 8,308,243 | | | December 31, 2024 | | | | | | | | FHLB and FRB | | $ | 7,427,247 | | | $ | 984,515 | | | $ | 8,411,762 | | | Repurchase agreements | | — | | | 85,529 | | | 85,529 | | | | | | | | | | Total pledged assets | | $ | 7,427,247 | | | $ | 1,070,044 | | | $ | 8,497,291 | |
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