Borrowed Funds (Tables)

9 Months Ended

Sep. 30, 2026

Borrowed funds as of September 30, 2026 and December 31, 2025 are summarized as follows (in thousands):


	September 30, 2026		December 31, 2025
Securities sold under repurchase agreements	$	92,993	95,007
FHLBNY line of credit	315,000		275,000
FHLBNY advances	1,981,530		1,739,735
Purchase accounting adjustment ("PAA") on borrowed funds	1,265		2,213
Total borrowed funds	$	2,390,788	2,111,955

Schedule of Maturities of FHLBNY Advances and Lines of Credit

Scheduled maturities of FHLBNY advances and lines of credit, including purchase accounting adjustments resulting from the Lakeland Bancorp, Inc. ("Lakeland") merger as of September 30, 2026 are as follows (in thousands):


	2026
Due in one year or less	$	2,244,500
Due after one year through two years	2,030
Due after two years through three years	—
Due after three years through four years	50,000

Thereafter	—
PAA on borrowed funds	1,265
Total FHLBNY advances and overnight borrowings	$	2,297,795

Schedule of Maturities of Sold Under Repurchase Agreements

Scheduled maturities of securities sold under repurchase agreements as of September 30, 2026 are as follows (in thousands):


	2026
Due in one year or less	$	92,993





Total securities sold under repurchase agreements	$	92,993