v3.26.1
Subordinated Notes and Other Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Line of Credit Facilities The Company’s total financing availability with the FHLB is decreased by outstanding borrowings and letters of credit (“LCs”) issued on behalf of the Company, as shown in Table 6.1.
Table 6.1: Financing Availability with the FHLB
(in thousands)June 30, 2026December 31, 2025
Total financing ability from the FHLB$1,629,065 $1,518,680 
Less: outstanding borrowings— — 
Less: LCs pledged to secure State of California deposits272,500 312,500 
Less: LCs pledged to secure local agency deposits1,025,000 575,000 
Total LCs issued1,297,500 887,500 
Available borrowing capacity with the FHLB$331,565 $631,180