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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instrument Detail [Abstract]  
Schedule Of Notional Amounts Of Derivative Instruments
The notional amounts of the Company’s derivative instruments are shown in the table below. These contractual amounts, along with other terms of the derivative, are used to determine amounts to be exchanged between counterparties and are not a measure of loss exposure. The Company's derivative instruments are accounted for as free-standing derivatives, and changes in their fair value are recorded in current earnings.
 
    December 31
(In thousands)
2017
 
2016
Interest rate swaps
$
1,741,412

 
$
1,685,099

Interest rate caps
31,776

 
59,379

Credit risk participation agreements
133,488

 
121,514

Foreign exchange contracts
11,826

 
4,046

Mortgage loan commitments
17,110

 
12,429

Mortgage loan forward sale contracts
2,566

 
6,626

Forward TBA contracts
25,000

 
15,000

Total notional amount
$
1,963,178

 
$
1,904,093
Schedule Of Fair Values Of Derivative Instruments
The fair values of the Company’s derivative instruments are shown in the table below. Information about the valuation methods used to measure fair value is provided in Note 15 on Fair Value Measurements. Derivative instruments with a positive fair value (asset derivatives) are reported in other assets in the consolidated balance sheets while derivative instruments with a negative fair value (liability derivatives) are reported in other liabilities in the consolidated balance sheets. As mentioned in Note 15, effective January 2017, certain collateral posted to and from the Company's clearing counterparty has been offset against the fair values of cleared swaps, such that at December 31, 2017, the positive fair values of cleared swaps were reduced by $4.5 million and the negative fair values of cleared swaps were reduced by $4.3 million, as reflected in the table below.        
 
Asset Derivatives
 
Liability Derivatives
 
December 31
 
December 31
 
2017
 
2016
 
2017
 
2016
(In thousands)    
Fair Value
 
Fair Value
Derivative instruments:
 
 
 
 
 
 
 
Interest rate swaps
$
7,674

 
$
12,987

 
$
(7,857
)
 
$
(12,987
)
Interest rate caps
16

 
78

 
(16
)
 
(78
)
Credit risk participation agreements
46

 
65

 
(123
)
 
(156
)
Foreign exchange contracts
21

 
66

 
(40
)
 
(4
)
Mortgage loan commitments
580

 
355

 
—

 
(6
)
Mortgage loan forward sale contracts
8

 
—

 
(7
)
 
(63
)
Forward TBA contracts
4

 
15

 
(31
)
 
(45
)
Total
$
8,349

 
$
13,566

 
$
(8,074
)
 
$
(13,339
)
Summary Of The Effects Of Derivative Instruments On Consolidated Statements Of Income
The effects of derivative instruments on the consolidated statements of income are shown in the table below.



Location of Gain or (Loss) Recognized in Income on Derivative
Amount of Gain or (Loss) Recognized in Income on Derivative


 
For the Years
Ended December 31
(In thousands)
 
2017
 
2016
 
2015
Derivative instruments:
 
 
 
 
 
 
Interest rate swaps
Other non-interest income
$
1,978

 
$
5,927

 
$
4,309

Interest rate caps
Other non-interest income
—

 
—

 
32

Credit risk participation agreements
Other non-interest income
35

 
(44
)
 
57

Foreign exchange contracts:
Other non-interest income
(80
)
 
55

 
253

Mortgage loan commitments
Loan fees and sales
231

 
87

 
263

Mortgage loan forward sale contracts
Loan fees and sales
64

 
(63
)
 
—

Forward TBA contracts
Loan fees and sales
(648
)
 
79

 
82

Total
 
$
1,580

 
$
6,041

 
$
4,996


The following table shows the extent to which assets and liabilities relating to derivative instruments have been offset in the consolidated balance sheets. It also provides information about these instruments which are subject to an enforceable master netting arrangement, irrespective of whether they are offset, and the extent to which the instruments could potentially be offset. Also shown is collateral received or pledged in the form of other financial instruments, which is generally cash or marketable securities. The collateral amounts in this table are limited to the outstanding balance of the related asset or liability (after netting is applied); thus amounts of excess collateral are not shown. Most of the derivatives in the following table were transacted under master netting arrangements that contain a conditional right of offset, such as close-out netting, upon default.

The Company is party to master netting arrangements with most of its swap derivative counterparties; however, the Company does not offset derivative assets and liabilities under these arrangements on its consolidated balance sheet. Collateral, usually in the form of marketable securities, is exchanged between the Company and dealer bank counterparties and is generally subject to thresholds and transfer minimums. By contract, it may be sold or re-pledged by the secured party until recalled at a subsequent valuation date by the pledging party. For those swap transactions requiring central clearing, the Company posts cash and securities to its clearing agency. Collateral positions are valued daily, and adjustments to amounts received and pledged by the Company are made as appropriate to maintain proper collateralization for these transactions. Swap derivative transactions with customers are generally secured by rights to non-financial collateral, such as real and personal property, which is not shown in the table below.

Balance Sheet Offsetting, Derivatives [Table Text Block]
 
 
 
 
Gross Amounts Not Offset in the Balance Sheet
 
(In thousands)
Gross Amount Recognized
Gross Amounts Offset in the Balance Sheet
Net Amounts Presented in the Balance Sheet
Financial Instruments Available for Offset
Collateral Received/Pledged
Net Amount
December 31, 2017
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
7,726

$
—

$
7,726

$
(233
)
$
(824
)
$
6,669

Derivatives not subject to master netting agreements
623

—

623

 
 
 
Total derivatives
8,349

—

8,349

 
 
 
Liabilities:
 
 
 
 
 
 
Derivatives subject to master netting agreements
7,935

—

7,935

(233
)
(1,570
)
6,132

Derivatives not subject to master netting agreements
139

—

139

 
 
 
Total derivatives
8,074

—

8,074

 
 
 
December 31, 2016
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
13,111

$
—

$
13,111

$
(3,391
)
$
—

$
9,720

Derivatives not subject to master netting agreements
455

—

455

 
 
 
Total derivatives
13,566

—

13,566

 
 
 
Liabilities:
 
 
 
 
 
 
Derivatives subject to master netting agreements
13,124

—

13,124

(3,391
)
(5,292
)
4,441

Derivatives not subject to master netting agreements
215

—

215

 
 
 
Total derivatives
13,339

—

13,339