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Contingencies and Guarantees (Tables)
6 Months Ended
Jun. 30, 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)
June 30, 2016
 
December 31, 2015
 
June 30, 2015
 
Commercial
$
3,505,383

 
$
3,992,089

 
$
3,746,824

 
Consumer
2,508,315

 
2,393,058

 
2,397,353

 
Total unused commitments to extend credit
$
6,013,698

 
$
6,385,147

 
$
6,144,177

 
 
 
 
 
 
 
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)
June 30, 2016
 
December 31, 2015
 
June 30, 2015
 
Standby letters of credit
$
220,913

 
$
254,703

 
$
255,418

 
Loans sold with recourse
11,543

 
12,902

 
28,891

 
Total financial guarantees
$
232,456

 
$
267,605

 
$
284,309

 
 
 
 
 
 
 
Changes in Repurchase Reserve
Changes in the repurchase reserves for the three and six months ended June 30, 2016 and 2015 are as follows:
 
Three Months Ended June 30,
Six Months Ended June 30,
(In thousands)
2016
 
2015
2016
 
2015
Balance at beginning of period
$
2,625

 
$
6,650

$
2,725

 
$
7,250

Net increase/(decrease) to reserve

 
363

(53
)
 
(39
)
Net realized (losses)/gains

 
(363
)
(47
)
 
(561
)
Balance at end of period
$
2,625

 
$
6,650

$
2,625

 
$
6,650