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Contingencies and Guarantees (Tables)
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Commitments to Extend Credit
The Corporation's credit risk associated with these instruments is represented by the contractual amounts indicated in the following table.
Unused commitments to extend credit
 
 
 
 
 
(In thousands)
March 31, 2016
 
December 31, 2015
 
March 31, 2015
 
Commercial
$
3,609,266

 
$
3,992,089

 
$
3,691,193

 
Consumer
2,458,973

 
2,393,058

 
2,343,677

 
Total unused commitments to extend credit
$
6,068,239

 
$
6,385,147

 
$
6,034,870

 
 
 
 
 
 
 
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)
March 31, 2016
 
December 31, 2015
 
March 31, 2015
 
Standby letters of credit
$
236,642

 
$
254,703

 
$
275,736

 
Loans sold with recourse
11,781

 
12,902

 
39,996

 
Total financial guarantees
$
248,423

 
$
267,605

 
$
315,732

 
 
 
 
 
 
 
Changes in Repurchase Reserve
Changes in the repurchase reserves for the three months ended March 31, 2016 and 2015 are as follows:
 
Three Months Ended March 31,
(In thousands)
2016
 
2015
Balance at beginning of period
$
2,725

 
$
7,250

Net increase/(decrease) to reserve
(53
)
 
(402
)
Net realized (losses)/gains
(47
)
 
(198
)
Balance at end of period
$
2,625

 
$
6,650