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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Agreements and Non-Hedging Derivative Assets and Liabilities
Information about derivative assets and liabilities at September 30, 2020, follows:
  WeightedWeighted Average RateEstimated
 NotionalAverage ContractFair Value
 AmountMaturityReceivedpay rateAsset (Liability)
 (In thousands)(In years)  (In thousands)
Economic hedges:     
Interest rate swap on tax advantaged economic development bond$8,843 9.20.52 %5.09 %$(1,933)
Interest rate swaps on loans with commercial loan customers1,713,149 6.04.28 %1.93 %177,731 
Offsetting interest rate swaps on loans with commercial loan customers (1)
1,713,149 6.01.93 %4.28 %(72,386)
Risk participation agreements with dealer banks315,936 7.0  660 
Forward sale commitments (2)
17,594 0.2  397 
Total economic hedges3,768,671    104,469 
Non-hedging derivatives:     
Commitments to lend (2)
75,090 0.2  1,498 
Total non-hedging derivatives75,090    1,498 
Total$3,843,761    $105,967 
(1) Fair value estimates include the impact of $109 million settled to market contract agreements.
(2) Includes the impact of discontinued operations.
Information about derivative assets and liabilities at December 31, 2019, follows:
  WeightedWeighted Average RateEstimated
 NotionalAverage ContractFair Value
 AmountMaturityReceivedpay rateAsset (Liability)
 (In thousands)(In years)  (In thousands)
Economic hedges:     
Interest rate swap on tax advantaged economic development bond$9,390 9.92.08 %5.09 %$(1,488)
Interest rate swaps on loans with commercial loan customers1,669,895 6.44.38 %3.28 %75,326 
Offsetting interest rate swaps on loans with commercial loan customers1,669,895 6.43.28 %4.38 %(77,051)
Risk participation agreements with dealer banks315,140 7.5  320 
Forward sale commitments (1)
237,412 0.2  (227)
Total economic hedges3,901,732    (3,120)
Non-hedging derivatives:     
Commitments to lend (1)
168,997 0.2  2,628 
Total non-hedging derivatives 168,997    2,628 
Total$4,070,729    $(492)
(1) Includes the impact of discontinued operations.
Schedule of Amounts Included in the Consolidated Statements of Income Related to Economic Hedges and Non-Hedging Derivatives
Amounts included in the Consolidated Statements of Income related to economic hedges and non-hedging derivatives were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2020201920202019
Economic hedges    
Interest rate swap on industrial revenue bond:    
Unrealized gain/(loss) recognized in other non-interest income$106 $(120)$(444)$(463)
Interest rate swaps on loans with commercial loan customers:    
Unrealized (loss)/gain recognized in other non-interest income(10,219)26,975 104,434 91,931 
Favorable/(unfavorable) change in credit valuation adjustment recognized in other non-interest income406 (872)(2,029)(2,156)
Offsetting interest rate swaps on loans with commercial loan customers:    
Unrealized gain/(loss) recognized in other non-interest income10,219 (26,975)(104,434)(91,931)
Risk participation agreements:    
Unrealized (loss)/gain recognized in other non-interest income(26)68 339 174 
Forward commitments:    
Unrealized (loss)/gain recognized in discontinued operations(50)1,090 624 680 
Realized gain/(loss) in discontinued operations48 (3,343)(8,283)(9,142)
Non-hedging derivatives    
Commitments to lend    
Unrealized gain/(loss) recognized in discontinued operations$349 $(1,921)$(1,130)$3,157 
Realized gain in discontinued operations1,563 20,476 14,532 48,189 
Schedule of Assets Subject to an Enforceable Master Netting Arrangement
Offsetting of Financial Assets and Derivative Assets
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Assets
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)AssetsConditionConditionInstrumentsCollateral ReceivedNet Amount
September 30, 2020      
Interest Rate Swap Agreements:      
Institutional counterparties$1,199 $(92)$1,107 $— $— $1,107 
Commercial counterparties177,731 — 177,731 — — 177,731 
Total$178,930 $(92)$178,838 $— $— $178,838 
Offsetting of Financial Assets and Derivative Assets
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Assets
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)AssetsConditionConditionInstrumentsCollateral ReceivedNet Amount
December 31, 2019      
Interest Rate Swap Agreements:      
Institutional counterparties$640 $(54)$586 $— $— $586 
Commercial counterparties76,428 (22)76,406 — — 76,406 
Total$77,068 $(76)$76,992 $— $— $76,992 
Schedule of Liabilities Subject to an Enforceable Master Netting Arrangement
Offsetting of Financial Liabilities and Derivative Liabilities
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Liabilities
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)LiabilitiesConditionConditionInstrumentsCollateral PledgedNet Amount
September 30, 2020      
Interest Rate Swap Agreements:      
Institutional counterparties$(184,018)$109,253 $(74,765)$38,893 $77,075 $41,203 
Commercial counterparties— — — — — — 
Total$(184,018)$109,253 $(74,765)$38,893 $77,075 $41,203 
Offsetting of Financial Liabilities and Derivative Liabilities
Gross
Amounts of		Gross Amounts
Offset in the		Net Amounts
of Liabilities
Presented in the		Gross Amounts Not Offset in
the Statements of Condition
 RecognizedStatements ofStatements ofFinancialCash 
(In thousands)LiabilitiesConditionConditionInstrumentsCollateral PledgedNet Amount
December 31, 2019      
Interest Rate Swap Agreements:      
Institutional counterparties$(80,024)$1,219 $(78,805)$25,828 $96,310 $43,333 
Commercial counterparties(1,080)— (1,080)— — (1,080)
Total$(81,104)$1,219 $(79,885)$25,828 $96,310 $42,253