XML 61 R45.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule Of Estimated Fair Value Of Financial Instruments
The estimated fair values of the Company’s financial instruments are as follows:
 
Fair Value Hierarchy Level
2016
 
2015
(In thousands)
Carrying Amount
Estimated Fair Value
 
Carrying Amount
Estimated Fair Value
Financial Assets
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
     Business
Level 3
$
4,776,365

$
4,787,469

 
$
4,397,893

$
4,421,237

     Real estate - construction and land
Level 3
791,236

800,426

 
624,070

633,083

     Real estate - business
Level 3
2,643,374

2,658,093

 
2,355,544

2,387,101

     Real estate - personal
Level 3
2,010,397

2,005,227

 
1,915,953

1,940,863

     Consumer
Level 3
1,990,801

1,974,784

 
1,924,365

1,916,747

     Revolving home equity
Level 3
413,634

414,499

 
432,981

434,607

     Consumer credit card
Level 3
776,465

794,856

 
779,744

793,428

     Overdrafts
Level 3
10,464

10,464

 
6,142

6,142

Loans held for sale
Level 2
14,456

14,456

 
7,607

7,607

Investment securities:
 
 
 
 
 
 
     Available for sale
Level 1
945,871

945,871

 
747,339

747,339

     Available for sale
Level 2
8,686,650

8,686,650

 
9,012,470

9,012,470

     Available for sale
Level 3
16,682

16,682

 
17,195

17,195

     Trading
Level 2
22,225

22,225

 
11,890

11,890

     Non-marketable
Level 3
99,558

99,558

 
112,786

112,786

Federal funds sold
Level 1
15,470

15,470

 
14,505

14,505

Securities purchased under agreements to resell
Level 3
725,000

728,179

 
875,000

879,546

Interest earning deposits with banks
Level 1
272,275

272,275

 
23,803

23,803

Cash and due from banks
Level 1
494,690

494,690

 
464,411

464,411

Derivative instruments
Level 2
13,146

13,146

 
12,507

12,507

Derivative instruments
Level 3
420

420

 
264

264

Assets held in trust for deferred compensation plan
Level 1
10,261

10,261

 
9,278

9,278

Financial Liabilities
 
 
 
 
 
 
Non-interest bearing deposits
Level 1
$
7,429,398

$
7,429,398

 
$
7,146,398

$
7,146,398

Savings, interest checking and money market deposits
Level 1
11,430,789

11,430,789

 
10,834,746

10,834,746

Time open and certificates of deposit
Level 3
2,240,908

2,235,218

 
1,997,709

1,993,521

Federal funds purchased
Level 1
52,840

52,840

 
556,970

556,970

Securities sold under agreements to repurchase
Level 3
1,671,065

1,671,227

 
1,406,582

1,406,670

Other borrowings
Level 3
102,049

104,298

 
103,818

108,542

Derivative instruments
Level 2
13,177

13,177

 
12,534

12,534

Derivative instruments
Level 3
162

162

 
195

195

Liabilities held in trust for deferred compensation plan
Level 1
10,261

10,261

 
9,278

9,278