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Commitments, Contingencies and Guarantees (Tables)
6 Months Ended
Jun. 30, 2024
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):

 

 

 

Contractual or Notional Amount

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

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

 

$

12,567,848

 

 

$

12,831,831

 

Commitments to extend credit under credit card loans

 

 

5,349,134

 

 

 

4,286,604

 

Commercial letters of credit

 

 

673

 

 

 

1,224

 

Standby letters of credit

 

 

415,274

 

 

 

407,574

 

Forward contracts

 

 

42,063

 

 

 

26,471

 

Spot foreign exchange contracts

 

 

116,289

 

 

 

4,830

 

Commitments to extend credit for securities purchased under agreements to resell

 

 

50,000