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COMMITMENTS, CONTINGENCIES AND GUARANTEES (Tables)
12 Months Ended
Dec. 31, 2017
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 as described above.

 

 

 

Contract or Notional Amount December 31,

 

 

 

2017

 

 

2016

 

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

 

$

6,689,467

 

 

$

6,471,404

 

Commitments to extend credit under credit card loans

 

 

2,975,507

 

 

 

2,798,433

 

Commercial letters of credit

 

 

813

 

 

 

1,098

 

Standby letters of credit

 

 

316,054

 

 

 

376,617

 

Forward contracts

 

 

29,007

 

 

 

49,352

 

Spot foreign exchange contracts

 

 

628

 

 

 

3,725