Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity Note [Abstract]

Summary of the Company's Common and Preferred Stock

A summary of the Company’s common and preferred stock at December 31, 2019 and 2018 is as follows:

	2019		2018
Common Stock:
Shares authorized	100,000,000		100,000,000
Shares issued	57,950,803		56,518,119
Shares outstanding	57,821,891		56,407,558
Cash dividend per share	$	1.00	$	0.76
Preferred Stock:
Shares authorized	20,000,000		20,000,000
Shares issued	5,000,000		5,000,000
Shares outstanding	5,000,000		5,000,000

Components of Other Comprehensive Income (Loss), Including the Related Income Tax Effects

The following tables summarize the components of other comprehensive income (loss), including the related income tax effects, for the years ended December 31, 2019, 2018 and 2017:

(In thousands)	Accumulated Unrealized Gains (Losses) on Securities			Accumulated Unrealized Gains (Losses) on Derivative Instruments			Accumulated Foreign Currency Translation Adjustments			Total Accumulated Other Comprehensive Loss
Balance at January 1, 2019	$	(42,353	)	$	7,857		$	(42,376	)	$	(76,872	)
Other comprehensive income during the period, net of tax, before reclassification	58,341			(13,481		)	5,857			50,717
Amount reclassified from accumulated other comprehensive income into net income, net of tax	(658		)	(7,517		)	—			(8,175		)
Amount reclassified from accumulated other comprehensive income related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale	(348		)	—			—			(348		)
Net other comprehensive income (loss) during the period, net of tax	$	57,335		$	(20,998	)	$	5,857		$	42,194
Balance at December 31, 2019	$	14,982		$	(13,141	)	$	(36,519	)	$	(34,678	)
Balance at January 1, 2018	$	(15,813	)	$	7,164		$	(33,186	)	$	(41,835	)
Cumulative effect adjustment from the adoption of:
ASU 2016-01	$	(1,880	)	$	—		$	—		(1,880		)
ASU 2018-02	$	(4,517	)	$	1,543		$	—		(2,974		)
Other comprehensive (loss) income during the period, net of tax, before reclassification	(20,054		)	4,498			(9,190		)	(24,746		)
Amount reclassified from accumulated other comprehensive income into net income, net of tax	(24		)	(5,348		)	—			(5,372		)
Amount reclassified from accumulated other comprehensive income related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale	(65		)	—			—			(65		)
Net other comprehensive loss during the period, net of tax	$	(20,143	)	$	(850	)	$	(9,190	)	$	(30,183	)
Balance at December 31, 2018	$	(42,353	)	$	7,857		$	(42,376	)	$	(76,872	)
Balance at January 1, 2017	$	(29,309	)	$	4,165		$	(40,184	)	$	(65,328	)
Other comprehensive income during the period, net of tax, before reclassification	14,417			3,010			6,998			24,425
Amount reclassified from accumulated other comprehensive income into net income, net of tax	(27		)	(11		)	—			(38		)
Amount reclassified from accumulated other comprehensive income related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale	(894		)	—			—			(894		)
Net other comprehensive income during the period, net of tax	$	13,496		$	2,999		$	6,998		$	23,493
Balance at December 31, 2017	$	(15,813	)	$	7,164		$	(33,186	)	$	(41,835	)

Reclassification out of Accumulated Other Comprehensive Income

	Amount Reclassified from Accumulated Other Comprehensive Income for the Year Ended,
Details Regarding the Component of Accumulated Other Comprehensive Income	December 31,						Impacted Line on the Consolidated Statements of Income
	2019			2018
Accumulated unrealized gains on available-for-sale securities
Gains included in net income	$	899		$	33		Gains on investment securities, net
	899			33			Income before taxes
Tax effect	(241		)	(9		)	Income tax expense
Net of tax	$	658		$	24		Net income
Accumulated unrealized losses on derivative instruments
Amount reclassified to interest expense on deposits	$	(10,954	)	$	(7,549	)	Interest on deposits
Amount reclassified to interest expense on other borrowings	576			236			Interest on other borrowings
Amount reclassified to interest expense on junior subordinated debentures	128			—			Interest on junior subordinated debentures
	10,250			7,313			Income before taxes
Tax effect	(2,733		)	(1,965		)	Income tax expense
Net of tax	$	7,517		$	5,348		Net income