2024 Q3 Form 10-Q Financial Statement

#000155837024010655 Filed on August 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $544.2M $531.1M
YoY Change 8.72% 11.1%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.71M $13.76M
YoY Change -5.45% -7.35%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $186.5M $172.8M
YoY Change 18.58% 9.44%
Income Tax $43.36M $40.48M
% Of Pretax Income 23.24% 23.42%
Net Earnings $143.2M $132.4M
YoY Change 15.33% 7.23%
Net Earnings / Revenue 26.31% 24.92%
Basic Earnings Per Share $1.88 $1.74
Diluted Earnings Per Share $1.86 $1.73
COMMON SHARES
Basic Shares Outstanding 76.25M 76.19M
Diluted Shares Outstanding 76.81M 76.61M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.213B $1.117B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $507.5M $517.4M
YoY Change -1.85% -0.19%
Goodwill $1.900B $1.900B
YoY Change 0.0% 0.0%
Intangibles $71.84M $77.39M
YoY Change -24.46% -24.32%
Long-Term Investments $3.563M $3.563M
YoY Change -10.93% 0.0%
Other Assets $122.4M $163.0M
YoY Change -26.27% -8.4%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $46.08B $45.49B
YoY Change 2.43% 1.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $108.5M $111.8M
YoY Change -2.25% -2.44%
Deferred Revenue
YoY Change
Short-Term Debt $538.3M $542.4M
YoY Change 4.94% -6.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $538.3M $542.4M
YoY Change -13.73% -6.71%
LONG-TERM LIABILITIES
Long-Term Debt $691.6M $691.7M
YoY Change 76.44% -12.67%
Other Long-Term Liabilities $1.268B $1.461B
YoY Change -27.27% -0.73%
Total Long-Term Liabilities $1.960B $2.153B
YoY Change -8.24% -4.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $538.3M $542.4M
Total Long-Term Liabilities $1.960B $2.153B
Total Liabilities $40.18B $39.84B
YoY Change 1.06% 0.49%
SHAREHOLDERS EQUITY
Retained Earnings $1.944B $1.842B
YoY Change 20.13% 20.11%
Common Stock $190.7M $190.5M
YoY Change 0.33% 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.905B $5.650B
YoY Change
Total Liabilities & Shareholders Equity $46.08B $45.49B
YoY Change 2.43% 1.23%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $143.2M $132.4M
YoY Change 15.33% 7.23%
Depreciation, Depletion And Amortization $13.71M $13.76M
YoY Change -5.45% -7.35%
Cash From Operating Activities -$246.8M $126.8M
YoY Change -154.92% -59.39%
INVESTING ACTIVITIES
Capital Expenditures $7.392M $9.488M
YoY Change -35.16% 28.35%
Acquisitions
YoY Change
Other Investing Activities -$148.7M -$378.5M
YoY Change -51.91% -39.36%
Cash From Investing Activities -$156.1M -$388.0M
YoY Change -51.3% -38.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 498.4M 168.9M
YoY Change -258.99% -203.3%
NET CHANGE
Cash From Operating Activities -246.8M 126.8M
Cash From Investing Activities -156.1M -388.0M
Cash From Financing Activities 498.4M 168.9M
Net Change In Cash 95.51M -92.29M
YoY Change -151.74% -80.89%
FREE CASH FLOW
Cash From Operating Activities -$246.8M $126.8M
Capital Expenditures $7.392M $9.488M
Free Cash Flow -$254.2M $117.3M
YoY Change -158.04% -61.52%

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us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
95566000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
241844000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
255808000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
85517000
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
146625000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
13014000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3174000
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
94989000
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
163636000
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
857537000
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
1361435000
us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
9626000
us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
7858000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
5966000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14999000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15034000
us-gaap Proceeds From Sale Of Insurance Investments
ProceedsFromSaleOfInsuranceInvestments
3739000
us-gaap Proceeds From Sale Of Insurance Investments
ProceedsFromSaleOfInsuranceInvestments
4292000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
8724000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
7610000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
363000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
675000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-493980000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-905513000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
49798000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
392123000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
53218000
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
25029000
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
2550000000
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
4850000000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2350000000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
4450000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
823000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
647000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16078000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7022000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
80413000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
76907000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
441000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1173000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
207789000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
735043000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
118289000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
201186000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
998877000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1312563000
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1117166000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1513749000
us-gaap Interest Paid Net
InterestPaidNet
355649000
us-gaap Interest Paid Net
InterestPaidNet
159883000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42186000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
62170000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9093000
ssb Real Estate Acquired In Full Or In Partial Settlement Of Loans
RealEstateAcquiredInFullOrInPartialSettlementOfLoans
3604000
ssb Real Estate Acquired In Full Or In Partial Settlement Of Loans
RealEstateAcquiredInFullOrInPartialSettlementOfLoans
3186000
CY2024Q2 ssb Net Book Balance For Non Accrual Loan To Be Evaluated Individually For Loss
NetBookBalanceForNonAccrualLoanToBeEvaluatedIndividuallyForLoss
1000000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
2500000000
CY2024Q2 ssb Net Book Balance For Non Accrual Loan To Be Evaluated Individually For Loss
NetBookBalanceForNonAccrualLoanToBeEvaluatedIndividuallyForLoss
1000000
CY2024Q2 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
132700000
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
127000000.0
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Reclassification and Correction</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"></span><span style="white-space:pre-wrap;">Certain amounts previously reported have been reclassified to conform to the current quarter’s presentation. Such reclassifications had no effect on net income and shareholders’ equity.</span><span style="display:inline-block;width:19.94pt;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p>
CY2024Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
18400000000
CY2024Q2 ssb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoansReceivable
14600000000
CY2024Q2 ssb Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deposit Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDepositLiabilities
15800000000
CY2024Q2 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
2348528000
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
427587000
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1920941000
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
2487440000
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
402704000
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2084736000
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
5324620000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
790000
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
827146000
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4498264000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
5561006000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1898000
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
778516000
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4784388000
CY2024Q2 us-gaap Other Investments
OtherInvestments
201516000
CY2023Q4 us-gaap Other Investments
OtherInvestments
192043000
us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
0
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss Maturity Allocated And Single Maturity Date Year One
DebtSecuritiesHeldToMaturityAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateYearOne
14365000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
14057000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
143274000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
141624000
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year One Through Five
DebtSecuritiesHeldToMaturityAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughFive
36511000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
32483000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
306612000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
285442000
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year5 Through10
DebtSecuritiesHeldToMaturityAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYear5Through10
456439000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
389368000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1239040000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1063459000
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year10
DebtSecuritiesHeldToMaturityAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYear10
1841213000
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
1485033000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
3635694000
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
3007739000
CY2024Q2 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
2348528000
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1920941000
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
5324620000
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4498264000
ssb Debt Securities Available For Sale Sold During Period
DebtSecuritiesAvailableForSaleSoldDuringPeriod
0
CY2024Q2 ssb Debt Securities Available For Sale Sold During Period
DebtSecuritiesAvailableForSaleSoldDuringPeriod
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2024Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
1300000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
-1300000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
45000
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
45000
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0
CY2023Q2 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0
CY2024Q2 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0
CY2024Q2 ssb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Gross Unrealized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerGrossUnrealizedLoss
427587000
CY2024Q2 ssb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Fair Value Disclosure
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerFairValueDisclosure
1920941000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2117000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
57829000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
825029000
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
4334325000
CY2023Q4 ssb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Gross Unrealized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerGrossUnrealizedLoss
402704000
CY2023Q4 ssb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Fair Value Disclosure
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerFairValueDisclosure
2084737000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
536000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
66584000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
777980000
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
4618627000
CY2024Q2 us-gaap Trading Securities Debt
TradingSecuritiesDebt
92161000
CY2023Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
31321000
CY2024Q2 ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
170000
CY2023Q2 ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
7000
ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
224000
ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
-40000
CY2024Q2 ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-323000
CY2023Q2 ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-195000
ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-311000
ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-201000
CY2024Q2 us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-153000
CY2023Q2 us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-188000
us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-87000
us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-241000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
33234564000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
32388489000
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
472298000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
456573000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
32762266000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
31931916000
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
77800000
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
68000000.0
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
42700000
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
51300000
CY2024Q2 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
132700000
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
127000000.0
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
2478617000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
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4408679000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
9046915000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
5892077000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
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2425235000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
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CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
3193153000
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
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33234564000
us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff
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546000
us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
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1848000
us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
3885000
us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
692000
us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
366000
us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
5516000
us-gaap Financing Receivable Excluding Accrued Interest Revolving Writeoff
FinancingReceivableExcludingAccruedInterestRevolvingWriteoff
3677000
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
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CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57169
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
58247
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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57169
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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57169
CY2024Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
87.30
CY2024Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
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91.35
CY2023Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
69.48
CY2023Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
91.35
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
87.30
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
91.35
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
87.30
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
91.35
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
143000
CY2024Q2 ssb Commitments To Extend Credit And Standby Letters Of Credit
CommitmentsToExtendCreditAndStandbyLettersOfCredit
9200000000
CY2024Q2 ssb Liability Recorded For Expected Credit Losses On Unfunded Commitments
LiabilityRecordedForExpectedCreditLossesOnUnfundedCommitments
50200000
CY2024Q1 ssb Uninsured Deposits Base Annual Rate
UninsuredDepositsBaseAnnualRate
0.134
CY2022 ssb Amount Of Uninsured Deposits Adjusted To Exclude
AmountOfUninsuredDepositsAdjustedToExclude
5000000000
CY2023 ssb Amount Of Uninsured Deposits Adjusted To Exclude
AmountOfUninsuredDepositsAdjustedToExclude
25700000
CY2023 ssb Special Assessment Period
SpecialAssessmentPeriod
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ssb Federal Deposit Insurance Corporation Special Assessment Additional Expense
FederalDepositInsuranceCorporationSpecialAssessmentAdditionalExpense
4500000
ssb Federal Deposit Insurance Corporation Special Assessment Expense
FederalDepositInsuranceCorporationSpecialAssessmentExpense
30200000
ssb Federal Deposit Insurance Corporation Special Assessment Additional Expense
FederalDepositInsuranceCorporationSpecialAssessmentAdditionalExpense
4500000
CY2024Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
100007000
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
50888000
CY2024Q2 ssb Loan Mortgage Held For Sale Unpaid Principal Balance
LoanMortgageHeldForSaleUnpaidPrincipalBalance
97136000
CY2023Q4 ssb Loan Mortgage Held For Sale Unpaid Principal Balance
LoanMortgageHeldForSaleUnpaidPrincipalBalance
49025000
CY2024Q2 ssb Loan Mortgage Held For Sale Fair Value After Unpaid Principal Balance
LoanMortgageHeldForSaleFairValueAfterUnpaidPrincipalBalance
2871000
CY2023Q4 ssb Loan Mortgage Held For Sale Fair Value After Unpaid Principal Balance
LoanMortgageHeldForSaleFairValueAfterUnpaidPrincipalBalance
1863000
CY2024Q2 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
1152000
CY2023Q2 us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
75000
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
1008000
us-gaap Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
66000
CY2024Q2 us-gaap Derivative Notional Amount
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CY2024Q2 us-gaap Derivative Assets Noncurrent
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CY2024Q2 us-gaap Derivative Liabilities
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CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
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CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
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CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
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CY2024Q2 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
182400000
CY2024Q2 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
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ssb Reduction In Derivative Asset Fair Value
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CY2023Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
169000000.0
CY2023Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
803500000
CY2023 ssb Reduction In Derivative Asset Fair Value
ReductionInDerivativeAssetFairValue
635300000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
386000
CY2019Q1 ssb Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets Capital Conversion Buffer
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssetsCapitalConversionBuffer
0.025
CY2024Q2 ssb Common Equity Tier One Risk Based Capital
CommonEquityTierOneRiskBasedCapital
4310341000
CY2024Q2 ssb Common Equity Tier One Risk Based Capital To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalToRiskWeightedAssets
0.1208
CY2024Q2 ssb Common Equity Tier One Risk Based Capital Required For Capital Adequacy
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy
2498327000
CY2024Q2 ssb Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0700
CY2024Q2 ssb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalized
2319875000
CY2024Q2 ssb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0650
CY2024Q2 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
4310341000
CY2024Q2 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1208
CY2024Q2 ssb Banking Regulation Tier1 Risk Based Capital Capital Adequacy With Buffer Minimum
BankingRegulationTier1RiskBasedCapitalCapitalAdequacyWithBufferMinimum
3033683000
CY2024Q2 ssb Banking Regulation Tier1 Risk Based Capital Ratio Capital Adequacy With Buffer Minimum
BankingRegulationTier1RiskBasedCapitalRatioCapitalAdequacyWithBufferMinimum
0.0850
CY2024Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
2855231000
CY2024Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800
CY2024Q2 us-gaap Capital
Capital
5149924000
CY2024Q2 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1443
CY2024Q2 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
3747490000
CY2024Q2 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1050
CY2024Q2 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
3569038000
CY2024Q2 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1000
CY2024Q2 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
4310341000
CY2024Q2 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0972
CY2024Q2 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
1774222000
CY2024Q2 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400
CY2024Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
2217778000
CY2024Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500
CY2023Q4 ssb Common Equity Tier One Risk Based Capital
CommonEquityTierOneRiskBasedCapital
4159187000
CY2023Q4 ssb Common Equity Tier One Risk Based Capital To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalToRiskWeightedAssets
0.1175
CY2023Q4 ssb Common Equity Tier One Risk Based Capital Required For Capital Adequacy
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy
2476926000
CY2023Q4 ssb Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0700
CY2023Q4 ssb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalized
2300003000
CY2023Q4 ssb Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0650
CY2023Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
4159187000
CY2023Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1175
CY2023Q4 ssb Banking Regulation Tier1 Risk Based Capital Capital Adequacy With Buffer Minimum
BankingRegulationTier1RiskBasedCapitalCapitalAdequacyWithBufferMinimum
3007696000
CY2023Q4 ssb Banking Regulation Tier1 Risk Based Capital Ratio Capital Adequacy With Buffer Minimum
BankingRegulationTier1RiskBasedCapitalRatioCapitalAdequacyWithBufferMinimum
0.0850
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
2830773000
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800
CY2023Q4 us-gaap Capital
Capital
4983012000
CY2023Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1408
CY2023Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
3715389000
CY2023Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1050
CY2023Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
3538466000
CY2023Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1000
CY2023Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
4159187000
CY2023Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0942
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
1765295000
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
2206619000
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500
ssb Phasing Out Percentage
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0.25
CY2024Q2 us-gaap Goodwill
Goodwill
1900000000
CY2023Q4 us-gaap Goodwill
Goodwill
1900000000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
275108000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
274753000
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
197719000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
185977000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
77389000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
88776000
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11700000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000000.0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14300000
CY2024Q2 ssb Small Business Administration Servicing Assets Fair Value Disclosure
SmallBusinessAdministrationServicingAssetsFairValueDisclosure
6300000
CY2023Q4 ssb Small Business Administration Servicing Assets Fair Value Disclosure
SmallBusinessAdministrationServicingAssetsFairValueDisclosure
6000000.0
CY2024Q2 ssb Residential Mortgages Serviced For Others
ResidentialMortgagesServicedForOthers
6700000000
CY2023Q4 ssb Residential Mortgages Serviced For Others
ResidentialMortgagesServicedForOthers
6600000000
CY2024Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
4300000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
8400000
CY2023Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
4200000
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
8300000
CY2024Q2 us-gaap Servicing Asset
ServicingAsset
88900000
CY2023Q4 us-gaap Servicing Asset
ServicingAsset
85200000
CY2024Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
830000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
3200000
CY2023Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
2000000.0
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
688000
CY2024Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
830000
CY2023Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
1977000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
3214000
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs
688000
CY2024Q2 us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-2566000
CY2023Q2 us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-2385000
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-4007000
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-3793000
CY2024Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-1424000
CY2023Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-2264000
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-4004000
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-2119000
CY2024Q2 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-3160000
CY2023Q2 us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-2672000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-4797000
us-gaap Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
-5224000
CY2024Q2 ssb Residential Mortgages Serviced For Others Percentage
ResidentialMortgagesServicedForOthersPercentage
1.000
CY2023Q4 ssb Residential Mortgages Serviced For Others Percentage
ResidentialMortgagesServicedForOthersPercentage
1.000
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P8Y7D
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P8Y10D
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.070
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.070
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Increase In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseIncreaseInPrepaymentSpeed
-504000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Increase In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseIncreaseInPrepaymentSpeed
-522000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Increase In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseIncreaseInPrepaymentSpeed
-1022000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Increase In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseIncreaseInPrepaymentSpeed
-1014000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Decrease In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseDecreaseInPrepaymentSpeed
504000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Decrease In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseDecreaseInPrepaymentSpeed
551000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Decrease In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseDecreaseInPrepaymentSpeed
1018000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Decrease In Prepayment Speed
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseDecreaseInPrepaymentSpeed
1128000
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.109
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.107
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Increase In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseIncreaseInDiscountRate
-3081000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Increase In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseIncreaseInDiscountRate
-3270000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Increase In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseIncreaseInDiscountRate
-6173000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Increase In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseIncreaseInDiscountRate
-6458000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Decrease In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseDecreaseInDiscountRate
2938000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of10 Percent Adverse Decrease In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseDecreaseInDiscountRate
3242000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Decrease In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseDecreaseInDiscountRate
5550000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Transferor S Interests In Transferred Financial Assets Impact Of20 Percent Adverse Decrease In Discount Rate
SensitivityAnalysisOfFairValueTransferorSInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseDecreaseInDiscountRate
6283000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of25 Basis Point Increase In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf25BasisPointIncreaseInInterestRates
1621000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of25 Basis Point Increase In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf25BasisPointIncreaseInInterestRates
1647000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of50 Basis Point Increase In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf50BasisPointIncreaseInInterestRates
3078000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of50 Basis Point Increase In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf50BasisPointIncreaseInInterestRates
3189000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of25 Basis Point Decrease In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf25BasisPointDecreaseInInterestRates
1758000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of25 Basis Point Decrease In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf25BasisPointDecreaseInInterestRates
1723000
CY2024Q2 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of50 Basis Point Decrease In Interest Rates
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf50BasisPointDecreaseInInterestRates
3623000
CY2023Q4 ssb Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of50 Basis Point Decrease In Interest Rates
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CY2024Q2 ssb Mortgage Loan Sold
MortgageLoanSold
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MortgageLoanSold
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CY2023Q2 ssb Mortgage Loan Sold
MortgageLoanSold
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ssb Mortgage Loan Sold
MortgageLoanSold
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CY2024Q2 ssb Mortgage Loan Securitizations And Sales
MortgageLoanSecuritizationsAndSales
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ssb Mortgage Loan Securitizations And Sales
MortgageLoanSecuritizationsAndSales
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CY2024Q2 ssb Percentage Of Mortgage Loan Securitizations And Sales
PercentageOfMortgageLoanSecuritizationsAndSales
0.729
ssb Percentage Of Mortgage Loan Securitizations And Sales
PercentageOfMortgageLoanSecuritizationsAndSales
0.726
CY2023Q2 ssb Mortgage Loan Securitizations And Sales
MortgageLoanSecuritizationsAndSales
201100000
ssb Mortgage Loan Securitizations And Sales
MortgageLoanSecuritizationsAndSales
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CY2023Q2 ssb Percentage Of Mortgage Loan Securitizations And Sales
PercentageOfMortgageLoanSecuritizationsAndSales
0.807
ssb Percentage Of Mortgage Loan Securitizations And Sales
PercentageOfMortgageLoanSecuritizationsAndSales
0.793
ssb Loans Repurchased And Aggregated Principal Balances
LoansRepurchasedAndAggregatedPrincipalBalances
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ssb Loans Repurchased And Aggregated Principal Balances
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us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:18pt 0pt 0pt 0pt;"><b style="font-weight:bold;"> Note 20 — Short-Term Borrowings</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:12pt 0pt 0pt 0pt;"><b style="font-weight:bold;">Securities Sold Under Agreements to Repurchase (“Repurchase agreements”)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">Repurchase agreements represent funds received from customers, generally on an overnight or continuous basis, which are collateralized by investment securities owned or, at times, borrowed and re-hypothecated by the Company. Repurchase agreements are subject to terms and conditions of the master repurchase agreements between the Company and the client and are accounted for as secured borrowings. Repurchase agreements are included in Securities Sold Under Agreements to Repurchase on the Consolidated Balance Sheets. At June 30, 2024, and December 31, 2023, our repurchase agreements totaled </span>$254.4 million and $241.0<span style="white-space:pre-wrap;"> million, respectively. All of our repurchase agreements were overnight or continuous (until-further-notice) agreements at June 30, 2024, and December </span><span style="white-space:pre-wrap;">31, 2023. These borrowings were collateralized with government, government-sponsored enterprise, or state and political subdivision-issued securities with a carrying value of </span>$389.3 million and $410.4 million at June 30, 2024, and December <span style="white-space:pre-wrap;">31, 2023, respectively. Declines in the value of the collateral would require us to increase the amounts of securities pledged.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Federal Funds Purchased</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"></span><span style="white-space:pre-wrap;">Federal funds purchased are generally overnight daily borrowings with no defined maturity date. At June 30, 2024, and December 31, 2023, our federal funds purchased totaled </span>$288.0 million and $248.2 million, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) Borrowing</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"></span><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"></span><span style="white-space:pre-wrap;">The Company has from time-to-time entered into borrowing agreements with the FHLB and FRB. Borrowings under these agreements are collateralized by stock in the FHLB, qualifying first and second mortgage residential loans, investment securities, and commercial real estate loans under a blanket-floating lien.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">As of June 30, 2024, and December 31, 2023, the Company had $300.0 and $100.0<span style="white-space:pre-wrap;"> million, respectively, of outstanding FHLB borrowings. Net eligible loans of the Company pledged via a blanket lien to the FHLB for advances and letters of credit at June 30, 2024, were approximately </span>$11.3 billion (collateral value of $6.4 billion) and investment securities and cash pledged were approximately $196.7 million (collateral value of $166.8<span style="white-space:pre-wrap;"> million). This allows the Company a total borrowing capacity at the FHLB of approximately </span>$6.6<span style="white-space:pre-wrap;"> billion. After accounting for letters of credit totaling </span>$2.9 million and short-term FHLB borrowings of $300.0 million outstanding, the Company had unused net credit available with the FHLB in the amount of approximately $6.3<span style="white-space:pre-wrap;"> billion at June 30, 2024. The Company also has a total borrowing capacity at the FRB of </span>$1.8 billion at <span style="-sec-ix-hidden:Hidden_F4V-agkr3EO0t4qVUktQqQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">June 30, 2024</span></span>, secured by a blanket lien on $2.6 billion (collateral value of $1.8<span style="white-space:pre-wrap;"> billion) in net eligible loans of the Company. The Company had </span>no outstanding borrowings with the FRB at June 30, 2024, or December 31, 2023.</p>
CY2024Q2 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
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CY2023Q4 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
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CY2024Q2 us-gaap Federal Funds Purchased
FederalFundsPurchased
288000000.0
CY2023Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
248200000
CY2024Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2900000
CY2022Q2 srt Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
4120021
CY2024Q2 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
3800000
us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
7700000
CY2024Q2 us-gaap Amortization Method Qualified Affordable Housing Project Investments Amortization
AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
3500000
us-gaap Amortization Method Qualified Affordable Housing Project Investments Amortization
AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
6900000
CY2023Q2 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
3600000
us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
7200000
CY2023Q2 us-gaap Amortization Method Qualified Affordable Housing Project Investments Amortization
AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
2100000
us-gaap Amortization Method Qualified Affordable Housing Project Investments Amortization
AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
4100000
CY2024Q2 us-gaap Amortization Method Qualified Affordable Housing Project Investments
AmortizationMethodQualifiedAffordableHousingProjectInvestments
85000000.0
CY2023Q4 us-gaap Amortization Method Qualified Affordable Housing Project Investments
AmortizationMethodQualifiedAffordableHousingProjectInvestments
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CY2024Q2 us-gaap Affordable Housing Program Obligation
AffordableHousingProgramObligation
11300000
CY2023Q4 us-gaap Affordable Housing Program Obligation
AffordableHousingProgramObligation
12500000
CY2024Q2 ssb Percentage Of Remaining Funding Obligation Expected To Be Funded
PercentageOfRemainingFundingObligationExpectedToBeFunded
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
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CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
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