Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The notional amounts and estimated fair values of derivative positions outstanding are presented in the following table:

	March 31, 2020						December 31, 2019
			Estimated Fair Value						Estimated Fair Value
(in thousands)	Notional Amount		Asset Derivative		Liability Derivative		Notional Amount		Asset Derivative			Liability Derivative
Non-hedging derivatives:
Financial institution counterparties:
Commercial loan/lease interest rate swaps	$	1,929,103	$	—	$	113,742	$	1,548,234	$	182		$	46,518
Commercial loan/lease interest rate caps	665,317		64		—		639,163		32			—
Foreign currency forward contracts	2,971		417		—		2,219		169			—
Customer counterparties:
Commercial loan/lease interest rate swaps	1,929,103		113,742		—		1,548,234		46,518			182
Commercial loan/lease interest rate caps	665,317		—		64		639,163		—			32
Foreign currency forward contracts	2,971		—		417		2,219		—			169
Economic hedging interest rate derivatives:
Loan purchase commitments	636,277		11,690		5		214,012		1,965			4
Forward sale commitments	820,553		—		12,231		2,654,653		—			4,587
Gross derivatives			125,913		126,459				48,866			51,492
Offsetting derivative assets/liabilities			—		—				(182		)	(182		)
Net derivatives included in the consolidated balance sheets			$	125,913	$	126,459			$	48,684		$	51,310

Schedule Of Weighted Average Interest Rate Received And Paid

The weighted-average received and paid interest rates for interest rate swaps outstanding were as follows:

	March 31, 2020 Weighted-Average Interest Rate				December 31, 2019 Weighted-Average Interest Rate
	Received		Paid		Received		Paid
Non-hedging interest rate swaps	3.27	%	2.19	%	3.94	%	3.26	%