v3.24.2
Short-Term Borrowings and Long-Term Debt
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Short-Term Borrowings and Long-Term Debt Short-Term Borrowings and Long-Term Debt
The table below presents a summary of short-term borrowings:
(in thousands)June 30, 2024December 31, 2023
Federal Home Loan Bank borrowings$1,675,000 $1,500,000 
Total short-term borrowings$1,675,000 $1,500,000 
The table below presents a summary of long-term debt:
(in thousands)June 30, 2024December 31, 2023
Bank-issued floating rate senior unsecured credit-linked notes due 2024$— $199,499 
Bank-issued 5.25% fixed rate subordinated notes due 2026
174,587 174,457 
Company-issued 4.00% fixed rate subordinated notes due 2031
372,004 371,785 
Trust preferred floating rate subordinated debentures due 2032 to 2036113,406 113,406 
Total long-term debt$659,997 $859,147 
During the second quarter of 2024, the bank-issued senior unsecured credit-linked notes were redeemed in full.