Borrowings (Tables) |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Debt Disclosure [Abstract] | |
| Schedule of repurchase agreements | Repurchase agreements accounted for as secured borrowings March 31, 2026 December 31, 2025 Repurchase Repurchase (In thousands) U.S. Treasury securities Within 30 days $ 15,083 $ 29,356 After 30 to 90 days 19,493 9,645 Total U.S. Treasury 34,576 39,001 Total $ 34,576 $ 39,001 |
| Notes payable | The following table presents the composition of notes (In thousands) March 31, 2026 December 31, 2025 Advances with the FHLB with maturities ranging from 2026 2029 monthly fixed rates ranging from 0.69 % to 4.17 % $ 139,620 $ 164,620 Unsecured senior debt securities maturing on 2028 semi-annually 7.25 %, net of debt issuance costs of $ 3,045 396,955 396,558 Junior subordinated deferrable interest debentures (related to 2034 6.125 % to 6.564 %, net of debt issuance costs of $ 227 198,406 198,399 Total notes payable $ 734,981 $ 759,577 Note: Refer to the 2025 Form 10-K for rates information |
| Borrowings by contractual maturities | A breakdown of borrowings by contractual maturities Assets sold under Short-term (In thousands) agreements to repurchase borrowings Notes payable Total 2026 34,576 350,000 49,500 434,076 2027 - - 6,113 6,113 2028 - - 441,305 441,305 2029 - - 39,657 39,657 Later years - - 198,406 198,406 Total borrowings $ 34,576 $ 350,000 $ 734,981 $ 1,119,557 |