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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2012
Commitments and Contingencies Disclosure [Abstract]  
Outstanding Financial Instruments Contract Amounts Represent Credit Risk
The following table summarizes outstanding financial instruments whose contract amounts represent credit risk:
(In thousands)
At September 30,
2012
 
At December 31,
2011
Commitments to extend credit
$
509,209

 
$
318,001

Unfunded commitments under existing lines and loans
3,310,585

 
3,390,816

Standby letters of credit
140,515

 
159,930

Commercial letters of credit
4,048

 
3,087

Total financial instruments with off-balance sheet risk
$
3,964,357

 
$
3,871,834

Reserve For Unfunded Credit Commitments
The following table provides activity details for the Company’s reserve for unfunded credit commitments for the periods presented:
 
Three months ended September 30,
 
Nine months ended September 30,
(In thousands)
2012
 
2011
 
2012
 
2011
Beginning balance
$
5,463

 
$
5,816

 
$
5,449

 
$
9,378

Provision

 

 

 

Reserve release
(267
)
 
(576
)
 
(253
)
 
(4,138
)
Ending balance
$
5,196

 
$
5,240

 
$
5,196

 
$
5,240

Reserve For Loan Repurchases
The following table provides detail of activity in the Company’s reserve for loan repurchases for the periods presented:
 
 
Three months ended September 30,
 
Nine months ended September 30,
(In thousands)
2012
 
2011
 
2012
 
2011
Beginning balance
$
2,394

 
$
2,401

 
$
2,269

 
$
3,658

Provision
522

 
124

 
1,103

 
2,752

Loss on repurchased loans and settlements
(312
)
 
(254
)
 
(768
)
 
(4,139
)
Ending balance
$
2,604

 
$
2,271

 
$
2,604

 
$
2,271