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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of financial instruments with off-balance sheet risk
Financial instruments with off-balance-sheet risk at the dates indicated follow:
 
At December 31,
 
2019
 
2018
 
(In Thousands)
Financial instruments whose contract amounts represent credit risk:
 
 
 
Commitments to originate loans and leases:
 
 
 
Commercial real estate
$
50,034

 
$
76,642

Commercial
78,058

 
75,713

Residential mortgage
25,998

 
16,363

Unadvanced portion of loans and leases
808,681

 
707,997

Unused lines of credit:
 
 
 
Home equity
528,251

 
487,476

Other consumer
25,374

 
50,404

Other commercial
380

 
347

Unused letters of credit:
 
 
 
Financial standby letters of credit
10,166

 
11,491

Performance standby letters of credit
4,652

 
3,075

Commercial and similar letters of credit
3,823

 
4,573

Loan level derivatives:
 
 
 
Receive fixed, pay variable
1,101,193

 
714,500

Pay fixed, receive variable
1,101,193

 
714,500

Risk participation-out agreements
235,693

 
100,531

Risk participation-in agreements
55,281

 
35,838

Foreign exchange contracts:
 
 
 
Buys foreign currency, sells U.S. currency
1,125

 
6,573

Sells foreign currency, buys U.S. currency
1,230

 
6,582


Schedule of Lease Cost, Supplemental Cash Flow and Supplemental Balance Sheet Information
 
At December 31, 2019
 
(In Thousands)
The components of lease expense were as follow:
 
Operating lease cost
$
6,461

 
 
Supplemental cash flow information related to leases was as follows:
 
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows for operating leases
$
6,515

Right-of-use assets obtained in exchange for new lease obligations:
 
Operating leases
$
66

 
 
Supplemental balance sheet information related to leases was as follows:
 
Operating Leases
 
Operating lease right-of-use assets
$
24,876

Operating lease liabilities
24,876

 
 
Weighted Average Remaining Lease Term
 
Operating leases
7.47

 
 
Weighted Average Discount Rate
 
Operating leases
3.2
%

Maturities of Operating Leases
A summary of future minimum rental payments under such leases at the dates indicated follows:
Year ended December 31,
Minimum Rental Payments
 
(In Thousands)
2020
$
5,886

2021
5,267

2022
4,577

2023
3,672

2024
2,305

Thereafter
6,163

Total
$
27,870

Less imputed interest
(2,994
)
 
$
24,876