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Commitments, Contingencies and Guarantees (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Notional Amount of Off-Balance Sheet Financial Instruments

The following table summarizes the Company’s off-balance sheet financial instruments (in thousands):

 

 

 

Contract or Notional Amount

 

 

 

September 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Commitments to extend credit for loans (excluding credit card loans)

 

$

12,954,573

 

 

$

12,988,231

 

Commitments to extend credit under credit card loans

 

 

4,714,358

 

 

 

4,008,386

 

Commercial letters of credit

 

 

1,091

 

 

 

3,334

 

Standby letters of credit

 

 

407,996

 

 

 

436,965

 

Forward contracts

 

 

71,158

 

 

 

32,552

 

Spot foreign exchange contracts

 

 

5,535

 

 

 

5,112