Contingent Liabilities and Commitments with Off-Balance Sheet Risk (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Summary of Financial Instruments with Off-Balance-Sheet Risk

Unfunded limited partner equity commitments at December 31, 2016 totaled $10,148,000 that the Company has committed to small business investment companies under the SBIC Act to be used to provide capital to small businesses, and entities that provide low income housing tax credits.

Unfunded commitments for the Company at December 31, 2016 and 2015 are as follows:

	December 31
	2016		2015
	(In thousands)
Contract or Notional Amount
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	532,082	$	343,245
Standby letters of credit and financial guarantees written:
Secured		10,776		9,593
Unsecured		554		93
Unfunded limited partner equity commitment		10,148		2,911

Summary of Minimum Future Contractual Obligation Under Renewal of Contract

The Company’s subsidiary bank renewed its contract for outsourced data services on December 31, 2012 for a period of five years and six months which requires a minimum payment for early termination without cause as follows:

Year End December 31,	(In thousands)
2016	$	7,707
2017		2,569