XML 52 R42.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value Of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Of Financial Instruments [Abstract]  
Fair value of financial instruments [Table Text Block]
Carrying Amount
Estimated Fair Value at June 30, 2020

(In thousands)

Level 1
Level 2
Level 3
Total
Financial Assets
Loans:
Business$6,858,217  $—  $—  $6,810,070  $6,810,070  
Real estate - construction and land
932,022  —  —  905,629  905,629  
Real estate - business
2,941,163  —  —  2,928,213  2,928,213  
Real estate - personal
2,690,542  —  —  2,699,804  2,699,804  
Consumer
1,966,707  —  —  1,951,111  1,951,111  
Revolving home equity334,627  —  —  330,906  330,906  
Consumer credit card666,597  —  —  589,031  589,031  
Overdrafts
5,179  —  —  5,011  5,011  
Total loans16,395,054  —  —  16,219,775  16,219,775  
Loans held for sale12,785  —  12,785  —  12,785  
Investment securities10,468,129  829,205  9,510,256  128,668  10,468,129  
Securities purchased under agreements to resell850,000  —  —  912,674  912,674  
Interest earning deposits with banks1,404,968  1,404,968  —  —  1,404,968  
Cash and due from banks391,268  391,268  —  —  391,268  
Derivative instruments269,010  —  266,028  2,982  269,010  
Assets held in trust for deferred compensation plan16,310  16,310  —  —  16,310  
       Total$29,807,524  $2,641,751  $9,789,069  $17,264,099  $29,694,919  
Financial Liabilities
Non-interest bearing deposits$9,700,261  $9,700,261  $—  $—  $9,700,261  
Savings, interest checking and money market deposits12,792,993  12,792,993  —  —  12,792,993  
Certificates of deposit2,033,713  —  —  2,051,053  2,051,053  
Federal funds purchased36,965  36,965  —  —  36,965  
Securities sold under agreements to repurchase1,703,473  —  —  1,703,547  1,703,547  
Derivative instruments21,373  —  20,279  1,094  21,373  
Liabilities held in trust for deferred compensation plan16,310  16,310  —  —  16,310  
       Total$26,305,088  $22,546,529  $20,279  $3,755,694  $26,322,502  
Carrying AmountEstimated Fair Value at December 31, 2019

(In thousands)
Level 1
Level 2
Level 3
Total
Financial Assets
Loans:
Business$5,565,449  $—  $—  $5,526,303  $5,526,303  
Real estate - construction and land
899,377  —  —  898,152  898,152  
Real estate - business
2,833,554  —  —  2,849,213  2,849,213  
Real estate - personal
2,354,760  —  —  2,333,002  2,333,002  
Consumer
1,964,145  —  —  1,938,505  1,938,505  
Revolving home equity349,251  —  —  344,424  344,424  
Consumer credit card764,977  —  —  708,209  708,209  
Overdrafts
6,304  —  —  4,478  4,478  
Total loans14,737,817  —  —  14,602,286  14,602,286  
Loans held for sale13,809  —  13,809  —  13,809  
Investment securities8,741,888  854,705  7,738,158  149,025  8,741,888  
Securities purchased under agreements to resell850,000  —  —  869,592  869,592  
Interest earning deposits with banks395,850  395,850  —  —  395,850  
Cash and due from banks491,615  491,615  —  —  491,615  
Derivative instruments105,674  —  105,075  599  105,674  
Assets held in trust for deferred compensation plan16,518  16,518  —  —  16,518  
       Total$25,353,171  $1,758,688  $7,857,042  $15,621,502  $25,237,232  
Financial Liabilities
Non-interest bearing deposits$6,890,687  $6,890,687  $—  $—  $6,890,687  
Savings, interest checking and money market deposits11,621,716  11,621,716  —  —  11,621,716  
Certificates of deposit2,008,012  —  —  2,022,629  2,022,629  
Federal funds purchased20,035  20,035  —  —  20,035  
Securities sold under agreements to repurchase1,830,737  —  —  1,831,518  1,831,518  
Other borrowings988  —  988  —  988  
Derivative instruments10,219  —  9,989  230  10,219  
Liabilities held in trust for deferred compensation plan16,518  16,518  —  —  16,518  
       Total$22,398,912  $18,548,956  $10,977  $3,854,377  $22,414,310