| Summary of Other Assets and Other Liabilities |
A summary of other assets and other liabilities as of the dates indicated are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
Other Assets: |
|
|
|
|
|
|
Tax credit investments |
|
$ |
55,501 |
|
|
$ |
60,809 |
|
Net deferred tax asset |
|
|
42,455 |
|
|
|
42,597 |
|
Derivative instruments |
|
|
29,183 |
|
|
|
29,117 |
|
Operating lease right of use assets |
|
|
29,318 |
|
|
|
29,066 |
|
Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) stock |
|
|
23,165 |
|
|
|
21,632 |
|
Accrued interest receivable |
|
|
25,464 |
|
|
|
25,103 |
|
Other |
|
|
52,738 |
|
|
|
59,409 |
|
Total other assets |
|
$ |
257,824 |
|
|
$ |
267,733 |
|
|
|
|
|
|
|
|
|
|
Other Liabilities: |
|
|
|
|
|
|
Collateral on derivative instruments |
|
$ |
24,260 |
|
|
$ |
21,270 |
|
Derivative instruments |
|
|
27,424 |
|
|
|
26,832 |
|
Operating lease right of use obligations |
|
|
31,879 |
|
|
|
31,575 |
|
Accrued interest expense |
|
|
18,992 |
|
|
|
21,436 |
|
Other |
|
|
28,797 |
|
|
|
35,172 |
|
Total other liabilities |
|
$ |
131,352 |
|
|
$ |
136,285 |
|
|