v3.26.1
Short-Term Borrowings and Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of short-term borrowings
The table below presents a summary of short-term borrowings:
(in thousands)June 30, 2026December 31, 2025
Federal funds purchased$— $30,000 
Federal Home Loan Bank (“FHLB”) borrowings
350,000 300,000 
Total short-term borrowings$350,000 $330,000 
Summary of long-term debt
The table below presents a summary of long-term debt:
(in thousands)June 30, 2026December 31, 2025
Bank-issued 5.25% fixed rate subordinated notes due 2026
$— $134,509 
Company-issued 4.00% fixed rate subordinated notes due 2031
— 372,660 
Company-issued 5.301% fixed rate senior notes due February 2032
387,453 — 
Trust preferred floating rate subordinated debentures due November 2032 to December 2036113,406 113,406 
Total long-term debt$500,859 $620,575