v3.26.3
Disclosures About Offsetting Assets and Liabilities - Financial Assets and Derivative Assets that are Subject to Offset (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Offsetting Assets [Line Items]    
Gross amounts of recognized assets, Securities borrowing [1] $ 514,097 $ 315,561
Net amounts presented in the Statement of Financial Condition, Securities borrowing [1] 514,097 315,561
Gross amounts not offset in the Statement of Financial Position, Financial instruments, Securities borrowing [1] (57,950) (36,328)
Gross amounts not offset in the Statement of Financial Position, Collateral received, Securities borrowing [1] (436,725) (264,980)
Securities borrowed, Net amount [1] 19,422 14,253
Gross amounts of recognized assets, Reverse repurchase agreements [2] 821,323 564,162
Net amounts presented in the Statement of Financial Condition, Securities purchased under agreements to resell [2] 821,323 564,162
Gross amounts not offset in the Statement of Financial Position, Financial instruments, Securities purchased under agreements to resell [2] (3,018) (15,198)
Gross amounts not offset in the Statement of Financial Position, Collateral received, Securities purchased under agreements to resell [2] (812,271) (546,308)
Securities purchased under agreements to resell, Net amount [2] 6,034 2,656
Gross amounts of recognized assets 1,434,793 951,020
Gross amounts not offset in the Statement of Financial Position (62,263) (74,733)
Net amounts presented in the Statements of Financial Condition 1,434,793 951,020
Gross amounts not offset in the Statement of Financial Position, Collateral received (1,280,324) (834,130)
Net amount 92,206 42,157
Interest Rate Contracts [Member]    
Offsetting Assets [Line Items]    
Gross amounts of recognized assets [3] 99,373 71,297
Gross amounts not offset in the Statement of Financial Position [3] (1,295) (23,207)
Net amounts presented in the Statements of Financial Condition [3] 99,373 71,297
Gross amounts not offset in the Statement of Financial Position, Collateral received [3] (31,328) (22,842)
Offsetting assets interest rate contracts net [3] $ 66,750 $ 25,248
[1] Securities borrowing transactions are included in receivables from brokers, dealers, and clearing organizations on the consolidated statements of financial condition. Deposits paid for securities borrowed approximate the market value of the securities.
[2] Available collateral includes securities received from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default. The fair value of securities received as collateral was $815.2 million and $561.3 million at September 30, 2026 and December 31, 2025, respectively.
[3] Available collateral includes securities received from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default. The fair value of securities received as collateral was $62.7 million and $19.0 million at September 30, 2026 and December 31, 2025, respectively.