Quarterly report [Sections 13 or 15(d)]

COMMITMENTS AND CONTINGENCIES (Tables)

v3.25.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Balances of Commitments and Contingencies

The following table presents the balances of commitments and contingencies as of the periods ended (dollars in thousands):

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March 31, 2025

    

December 31, 2024

Commitments with off-balance sheet risk:

 

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Commitments to extend credit(1)

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$

5,745,699

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$

5,987,562

Letters of credit

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136,769

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145,985

Total commitments with off-balance sheet risk

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$

5,882,468

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$

6,133,547

(1) Includes unfunded overdraft protection.

Schedule of Pledged Assets, Not Separately Reported on Statement of Financial Position

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Pledged Assets as of March 31, 2025

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​

​

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​

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AFS

    

HTM

    

​

​

    

​

​

​

​

Cash

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Securities (1)

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Securities (1)

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Loans (2)

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Total

Public deposits

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$

—

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$

772,731

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$

595,193

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$

—

​

$

1,367,924

Repurchase agreements

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—

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93,558

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—

​

 

—

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93,558

FHLB advances

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—

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571,632

​

 

9,543

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3,998,576

​

 

4,579,751

Derivatives

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103,900

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62,860

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—

​

 

—

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166,760

Federal Reserve Discount Window

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​

—

​

​

—

​

​

—

​

​

4,080,175

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​

4,080,175

Other purposes

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—

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​

18,041

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—

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—

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​

18,041

Total pledged assets

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$

103,900

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$

1,518,822

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$

604,736

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$

8,078,751

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$

10,306,209

(1) Balance represents market value.

(2) Balance represents book value.

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Pledged Assets as of December 31, 2024

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AFS

    

HTM

    

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​

​

​

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Cash

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Securities (1)

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Securities (1)

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Loans (2)

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Total

Public deposits

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$

—

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$

771,486

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$

601,421

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$

—

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$

1,372,907

Repurchase agreements

​

 

—

​

 

93,667

​

 

—

​

 

—

​

 

93,667

FHLB advances

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—

​

 

579,947

​

 

9,417

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4,089,049

​

 

4,678,413

Derivatives

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134,668

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62,199

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—

​

 

—

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196,867

Federal Reserve Discount Window

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​

—

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​

—

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—

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4,358,701

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4,358,701

Other purposes

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—

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​

18,713

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—

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​

—

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​

18,713

Total pledged assets

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$

134,668

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$

1,526,012

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$

610,838

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$

8,447,750

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$

10,719,268

(1) Balance represents market value.

(2) Balance represents book value.