Short-Term Borrowings	6 Months Ended
Jun. 30, 2026
Short-Term Borrowings
Short-Term Borrowings	Note 19 — Short-Term Borrowings Securities Sold Under Agreements to Repurchase (“Repurchase agreements”) Repurchase agreements represent funds received from customers, generally on an overnight or continuous basis, which are collateralized by investment securities owned or, at times, borrowed and re-hypothecated by the Company. At June 30, 2026, and December 31, 2025, our repurchase agreements totaled $283.2 million and $311.4 million, respectively. These borrowings were collateralized with government, government-sponsored enterprise, or state and political subdivision-issued securities with a market value of $326.7 million and $331.5 million at June 30, 2026, and December 31, 2025, respectively. Declines in the value of the collateral would require us to increase the amounts of securities pledged. Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) Borrowing The Company has, from time to time, entered into borrowing agreements with the FHLB and FRB. Borrowings under these agreements are collateralized by stock in the FHLB, qualifying first and second mortgage residential loans, investment securities, and commercial real estate loans under a blanket-floating lien. As of June 30, 2026, and December 31, 2025, the Company had $300.0 million and $0 outstanding FHLB borrowings, respectively. Net eligible loans of the Company pledged via a blanket lien to the FHLB for advances and letters of credit at June 30, 2026, were approximately $9.2 billion (collateral value of $5.8 billion) and investment securities and cash pledged were approximately $27.1 million (collateral value of $19.4 million). This allows the Company a total borrowing capacity at the FHLB of approximately $5.8 billion. After accounting for the secured collateral required totaling $17.8 million and $300.0 million in outstanding FHLB advances, the Company had unused net credit available with the FHLB in the amount of approximately $5.5 billion at June 30, 2026. The Company also has a total borrowing capacity at the FRB of $11.7 billion at June 30, 2026, secured by a blanket lien on $15.5 billion (collateral value of $11.7 billion) in net eligible loans of the Company. The Company had no outstanding borrowings with the FRB at June 30, 2026, or December 31, 2025.

Short-Term Borrowings

6 Months Ended

Jun. 30, 2026

Note 19 — Short-Term Borrowings

Securities Sold Under Agreements to Repurchase (“Repurchase agreements”)

Repurchase agreements represent funds received from customers, generally on an overnight or continuous basis, which are collateralized by investment securities owned or, at times, borrowed and re-hypothecated by the Company. At June 30, 2026, and December 31, 2025, our repurchase agreements totaled $283.2 million and $311.4 million, respectively. These borrowings were collateralized with government, government-sponsored enterprise, or state and political subdivision-issued securities with a market value of $326.7 million and $331.5 million at June 30, 2026, and December 31, 2025, respectively. Declines in the value of the collateral would require us to increase the amounts of securities pledged.

Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) Borrowing

The Company has, from time to time, entered into borrowing agreements with the FHLB and FRB. Borrowings under these agreements are collateralized by stock in the FHLB, qualifying first and second mortgage residential loans, investment securities, and commercial real estate loans under a blanket-floating lien.

As of June 30, 2026, and December 31, 2025, the Company had $300.0 million and $0 outstanding FHLB borrowings, respectively. Net eligible loans of the Company pledged via a blanket lien to the FHLB for advances and letters of credit at June 30, 2026, were approximately $9.2 billion (collateral value of $5.8 billion) and investment securities and cash pledged were approximately $27.1 million (collateral value of $19.4 million). This allows the Company a total borrowing capacity at the FHLB of approximately $5.8 billion. After accounting for the secured collateral required totaling $17.8 million and $300.0 million in outstanding FHLB advances, the Company had unused net credit available with the FHLB in the amount of approximately $5.5 billion at June 30, 2026. The Company also has a total borrowing capacity at the FRB of $11.7 billion at June 30, 2026, secured by a blanket lien on $15.5 billion (collateral value of $11.7 billion) in net eligible loans of the Company. The Company had no outstanding borrowings with the FRB at June 30, 2026, or December 31, 2025.