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

(In thousands)
September 30, 2020December 31, 2019
Interest rate swaps$2,425,837 $2,606,181 
Interest rate floors500,000 1,500,000 
Interest rate caps113,495 59,316 
Credit risk participation agreements365,611 316,225 
Foreign exchange contracts9,293 10,936 
 Mortgage loan commitments
60,311 13,755 
Mortgage loan forward sale contracts9,451 1,943 
Forward TBA contracts64,500 17,500 
Total notional amount$3,548,498 $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 September 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 $77.8 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
Sept. 30, 2020Dec. 31, 2019Sept. 30, 2020Dec. 31, 2019
(In thousands)    
  Fair Value  Fair Value
Derivatives designated as hedging instruments:
   Interest rate floors$47,306 $67,192 $— $— 
Total derivatives designated as hedging instruments$47,306 $67,192 $— $— 
Derivative instruments not designated as hedging instruments:
   Interest rate swaps$96,866 $37,774 $(18,981)$(9,916)
   Interest rate caps1 4 (1)(4)
   Credit risk participation agreements440 140 (1,185)(230)
   Foreign exchange contracts32 97 (50)(32)
   Mortgage loan commitments3,137 459 — — 
   Mortgage loan forward sale contracts29 6 (6)(2)
   Forward TBA contracts39 2 (147)(35)
Total derivatives not designated as hedging instruments$100,544 $38,482 $(20,370)$(10,219)
 Total$147,850 $105,674 $(20,370)$(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 September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate floors$(4,481)$(4,087)$(394)Interest and fees on loans$4,163 $5,509 $(1,346)
Total$(4,481)$(4,087)$(394)Total$4,163 $5,509 $(1,346)
For the Nine Months Ended September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate floors$94,702 $121,621 $(26,919)Interest and fees on loans$6,050 $9,458 $(3,408)
Total$94,702 $121,621 $(26,919)Total$6,050 $9,458 $(3,408)
For the Three Months Ended September 30, 2019
Derivatives in cash flow hedging relationships:
Interest rate floors$17,760 $31,422 $(13,662)Interest and fees on loans$(1,042)$— $(1,042)
Total$17,760 $31,422 $(13,662)Total$(1,042)$— $(1,042)
For the Nine Months Ended September 30, 2019
Derivatives in cash flow hedging relationships:
Interest rate floors$46,165 $77,559 $(31,394)Interest and fees on loans$(2,751)$— $(2,751)
Total$46,165 $77,559 $(31,394)Total$(2,751)$— $(2,751)
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 September 30For the Nine Months Ended September 30
(In thousands)2020201920202019
Derivative instruments:
  Interest rate swapsOther non-interest income$81 $1,519 $369 $2,646 
  Interest rate capsOther non-interest income1 — 20 — 
  Credit risk participation agreementsOther non-interest income(87)37 153 78 
  Foreign exchange contractsOther non-interest income— (5)(82)(2)
  Mortgage loan commitmentsLoan fees and sales589 (112)2,678 287 
  Mortgage loan forward sale contractsLoan fees and sales20 (2)19 1 
  Forward TBA contractsLoan fees and sales(709)(1,412)(482)(819)
Total$(105)$25 $2,675 $2,191 
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
September 30, 2020
Assets:
Derivatives subject to master netting agreements
$144,440 $— $144,440 $(9,933)$(37,441)$97,066 
Derivatives not subject to master netting agreements
3,410 — 3,410 
Total derivatives$147,850 $— $147,850 
Liabilities:
Derivatives subject to master netting agreements
$19,915 $— $19,915 $(9,933)$(8,719)$1,263 
Derivatives not subject to master netting agreements
455 — 455 
Total derivatives$20,370 $— $20,370 
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