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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Commitments to Extend Credit
Unused commitments to extend credit
 
 
 
 
 
(In thousands)
September 30, 2015
 
December 31, 2014
 
September 30, 2014
 
Commercial
$
3,877,004

 
$
3,748,690

 
$
3,640,755

 
Consumer
2,405,928

 
2,387,623

 
2,361,476

 
Total unused commitments to extend credit
$
6,282,932

 
$
6,136,313

 
$
6,002,231

 
 
 
 
 
 
 
Schedule of Guarantor Obligations
The Corporation is a guarantor in certain agreements with third parties. The Corporation's maximum credit risk associated with these instruments is represented by the contractual amounts indicated in the following table.
Financial guarantees
 
 
 
 
 
(In thousands)
September 30, 2015
 
December 31, 2014
 
September 30, 2014
 
Standby letters of credit
$
243,071

 
$
242,390

 
$
227,835

 
Loans sold with recourse
22,467

 
45,071

 
43,260

 
Total financial guarantees
$
265,538

 
$
287,461

 
$
271,095

 
 
 
 
 
 
 
Changes in Repurchase Reserve
Changes in the repurchase reserves for the three and nine months ended September 30, 2015 and 2014 are as follows:
 
Three Months Ended September 30, 2015
(In thousands)
Reserve on residential mortgage loans
 
Reserve on manufactured housing loans
 
Total repurchase reserve
Balance at beginning of period
$
6,650

 
$
1,128

 
$
7,778

Net increase/(decrease) to reserve
122

 
1

 
123

Net realized (losses)/gains
(322
)
 

 
(322
)
Balance at end of period
$
6,450

 
$
1,129

 
$
7,579

 
 
 
 
 
 

 
Three Months Ended September 30, 2014
(In thousands)
Reserve on residential mortgage loans
 
Reserve on manufactured housing loans
 
Total repurchased reserve
Balance at beginning of period
$
7,900

 
$
1,122

 
$
9,022

Net increase/(decrease) to reserve
250

 

 
250

Net realized (losses)/gains
(600
)
 

 
(600
)
Balance at end of period
$
7,550

 
$
1,122

 
$
8,672