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Fair Value Of Financial Instruments
 9 Months Ended
Sep. 30, 2020
Fair Value Of Financial Instruments [Abstract]  
Fair Value Of Financial Instruments Fair Value of Financial Instruments The carrying amounts and estimated fair values of financial instruments held by the Company are set forth below. Fair value estimates are made at a specific point in time based on relevant market information. They do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for many of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, risk characteristics and economic conditions. These estimates are subjective, involve uncertainties, and cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
The estimated fair values of the Company’s financial instruments and the classification of their fair value measurement within the valuation hierarchy are as follows at September 30, 2020 and December 31, 2019:

Carrying Amount
Estimated Fair Value at September 30, 2020

(In thousands)

Level 1
Level 2
Level 3
Total
Financial Assets
Loans:
Business$6,683,413 $— $— $6,623,709 $6,623,709 
Real estate - construction and land
1,009,729 — — 978,403 978,403 
Real estate - business
2,993,192 — — 2,986,961 2,986,961 
Real estate - personal
2,753,867 — — 2,766,421 2,766,421 
Consumer
2,006,360 — — 1,990,589 1,990,589 
Revolving home equity324,203 — — 320,264 320,264 
Consumer credit card647,893 — — 576,898 576,898 
Overdrafts
2,270 — — 2,227 2,227 
Total loans16,420,927 — — 16,245,472 16,245,472 
Loans held for sale39,483 — 39,483 — 39,483 
Investment securities11,691,601 837,861 10,721,942 131,798 11,691,601 
Federal funds sold2,275 2,275 — — 2,275 
Securities purchased under agreements to resell850,000 — — 903,772 903,772 
Interest earning deposits with banks1,171,697 1,171,697 — — 1,171,697 
Cash and due from banks357,616 357,616 — — 357,616 
Derivative instruments147,850 — 144,273 3,577 147,850 
Assets held in trust for deferred compensation plan17,294 17,294 — — 17,294 
       Total$30,698,743 $2,386,743 $10,905,698 $17,284,619 $30,577,060 
Financial Liabilities
Non-interest bearing deposits$10,727,827 $10,727,827 $— $— $10,727,827 
Savings, interest checking and money market deposits12,983,505 12,983,505 — — 12,983,505 
Certificates of deposit1,990,447 — — 2,002,118 2,002,118 
Federal funds purchased6,770 6,770 — — 6,770 
Securities sold under agreements to repurchase1,646,294 — — 1,646,338 1,646,338 
Derivative instruments20,370 — 19,185 1,185 20,370 
Liabilities held in trust for deferred compensation plan17,294 17,294 — — 17,294 
       Total$27,392,507 $23,735,396 $19,185 $3,649,641 $27,404,222 
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