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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Summary of Obligations

These off-balance sheet financial instruments are summarized below:

 

     December 31,  

(in thousands)

   2014      2013  

Commitments to extend credit

   $ 5,700,546       $ 5,234,929   

Letters of credit

     414,408         422,284   
Change in Liability

The following table presents the changes in the liability for 2014 and 2013.

 

(in thousands)    2014      2013  

Balance, January 1

   $ 8,661       $ 8,165   

Adjustments

     (1,690      2,765   

Cash Payments

     (6,971      (2,269
  

 

 

    

 

 

 

Balance, December 31

   $ —         $ 8,661   
  

 

 

    

 

 

 
Future Minimum Lease Payments for All Non-Cancelable Capital and Operating Leases

Future minimum lease payments for non-cancelable operating leases with initial terms in excess of one year were as follows at December 31, 2014:

 

     Operating  

(in thousands)

   Leases  

2015

   $ 11,766   

2016

     11,856   

2017

     11,064   

2018

     9,782   

2019

     7,917   

Thereafter

     28,293   
  

 

 

 

Total minimum lease payments

   $ 80,678