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Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instrument Detail [Abstract]  
Schedule Of Notional Amounts Of Derivative Instruments

(In thousands)
June 30, 2020December 31, 2019
Interest rate swaps$2,491,862  $2,606,181  
Interest rate floors1,500,000  1,500,000  
Interest rate caps126,892  59,316  
Credit risk participation agreements387,404  316,225  
Foreign exchange contracts7,359  10,936  
 Mortgage loan commitments
50,824  13,755  
Mortgage loan forward sale contracts578  1,943  
Forward TBA contracts43,000  17,500  
Total notional amount$4,607,919  $4,525,856  
Schedule Of Fair Values Of Derivative Instruments
The fair values of the Company's derivative instruments, whose notional amounts are listed above, are shown in the table below. Information about the valuation methods used to determine fair value is provided in Note 17 on Fair Value Measurements in the 2019 Annual Report on Form 10-K.

The Company's policy is to present its derivative assets and derivative liabilities on a gross basis in its consolidated balance sheets and these are reported in other assets and other liabilities. Certain collateral posted to and from the Company's clearing counterparty has been applied to the fair values of the cleared swaps, such that at June 30, 2020 in the table below, there were no reductions to the positive fair values of cleared swaps and the negative fair values of cleared swaps were reduced by $83.4 million. At December 31, 2019, the positive fair values of cleared swaps were reduced by $617 thousand and the negative fair values of cleared swaps were reduced by $28.5 million.

 Asset DerivativesLiability Derivatives
June 30, 2020Dec. 31, 2019June 30, 2020Dec. 31, 2019
(In thousands) 
  Fair Value  Fair Value
Derivatives designated as hedging instruments:
   Interest rate floors$162,426  $67,192  $—  $—  
Total derivatives designated as hedging instruments$162,426  $67,192  $—  $—  
Derivative instruments not designated as hedging instruments:
   Interest rate swaps$103,543  $37,774  $(20,053) $(9,916) 
   Interest rate caps28  4  (28) (4) 
   Credit risk participation agreements435  140  (1,094) (230) 
   Foreign exchange contracts26  97  (43) (32) 
   Mortgage loan commitments2,547  459  —  —  
   Mortgage loan forward sale contracts3  6  —  (2) 
   Forward TBA contracts2  2  (155) (35) 
Total derivatives not designated as hedging instruments$106,584  $38,482  $(21,373) $(10,219) 
 Total$269,010  $105,674  $(21,373) $(10,219) 
Summary of Cash Flow Hedge Activity [Table Text Block]
The pre-tax effects of derivative instruments on the consolidated statements of income are shown in the tables below.




Amount of Gain or (Loss) Recognized in OCI
Location of Gain (Loss) Reclassified from AOCI into IncomeAmount of Gain (Loss) Reclassified from AOCI into Income
(In thousands)TotalIncluded ComponentExcluded ComponentTotalIncluded ComponentExcluded Component
For the Three Months Ended June 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate floors$14,566  $18,087  $(3,521) Interest and fees on loans$2,155  $3,186  $(1,031) 
Total$14,566  $18,087  $(3,521) Total$2,155  $3,186  $(1,031) 
For the Six Months Ended June 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate floors$99,183  $125,708  $(26,525) Interest and fees on loans$1,887  $3,949  $(2,062) 
Total$99,183  $125,708  $(26,525) Total$1,887  $3,949  $(2,062) 
For the Three Months Ended June 30, 2019
Derivatives in cash flow hedging relationships:
Interest rate floors$25,378  $35,264  $(9,886) Interest and fees on loans$(1,031) $—  $(1,031) 
Total$25,378  $35,264  $(9,886) Total$(1,031) $—  $(1,031) 
For the Six Months Ended June 30, 2019
Derivatives in cash flow hedging relationships:
Interest rate floors$28,405  $46,137  $(17,732) Interest and fees on loans$(1,709) $—  $(1,709) 
Total$28,405  $46,137  $(17,732) Total$(1,709) $—  $(1,709) 
Summary Of The Effects Of Derivative Instruments On Consolidated Statements Of Income



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


For the Three Months Ended June 30For the Six Months Ended June 30
(In thousands)2020201920202019
Derivative instruments:
  Interest rate swapsOther non-interest income$22  $824  $288  $1,127  
  Interest rate capsOther non-interest income—  —  19  —  
  Credit risk participation agreementsOther non-interest income267  13  240  41  
  Foreign exchange contractsOther non-interest income(44) (13) (82) 3  
  Mortgage loan commitmentsLoan fees and sales2,548  112  2,089  399  
  Mortgage loan forward sale contractsLoan fees and sales3  (13) (1) 3  
  Forward TBA contractsLoan fees and sales(153) 859  227  593  
Total$2,643  $1,782  $2,780  $2,166  
Balance Sheet Offsetting, Derivatives [Table Text Block]
Gross Amounts Not Offset in the Balance Sheet
(In thousands)Gross Amount RecognizedGross Amounts Offset in the Balance SheetNet Amounts Presented in the Balance SheetFinancial Instruments Available for OffsetCollateral Received/PledgedNet Amount
June 30, 2020
Assets:
Derivatives subject to master netting agreements
$266,233  $—  $266,233  $(18,112) $(142,611) $105,510  
Derivatives not subject to master netting agreements
2,777  —  2,777  
Total derivatives$269,010  $—  $269,010  
Liabilities:
Derivatives subject to master netting agreements
$21,017  $—  $21,017  $(18,112) $(1,411) $1,494  
Derivatives not subject to master netting agreements
356  —  356  
Total derivatives$21,373  $—  $21,373  
December 31, 2019
Assets:
Derivatives subject to master netting agreements
$105,147  $—  $105,147  $(8,104) $(59,525) $37,518  
Derivatives not subject to master netting agreements
527  —  527  
Total derivatives$105,674  $—  $105,674  
Liabilities:
Derivatives subject to master netting agreements
$10,083  $—  $10,083  $(8,104) $(437) $1,542  
Derivatives not subject to master netting agreements
136  —  136  
Total derivatives$10,219  $—  $10,219