Equity (Tables)

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Schedule of Stock by Class [Table Text Block]

The following table summarizes the terms of the TARP warrant agreement outstanding at December 31, 2017:

Name of warrants	Number of warrants	Original warrant share number	Current warrant share number (2)	Original exercise price of warrants	Current exercise price of warrants (2)	Date issued	Expiration date
TARP Warrants (1)	1,692,755	1.00	1.14	$8.000	$7.011	11/21/2008	11/21/2018

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(1) The TARP warrants, while initially issued to the Treasury, were purchased from the Treasury by unrelated third parties at a market rate.

(2) Per the terms of the TARP warrant agreement, the exercise price and number of shares issuable upon exercise may be adjusted ratably for dividends paid on the Company’s common stock that exceed the dividend rate at the time the warrants were issued, at which time the Company paid quarterly dividends of $0.01 per share. The current warrant share number and current exercise price of the warrant reflect the warrant as adjusted for common stock dividends through February 2, 2018, the latest dividend record date prior to the filing of this Annual Report.

Comprehensive Income (Loss) [Table Text Block]

The following table presents the Company’s comprehensive income/ (loss) and related tax effect for the years ended December 31, 2017, 2016, and 2015:

	2017						2016									2015
	Pre- tax		Tax effect		Net of Tax		Pre- tax			Tax effect			Net of Tax			Pre- tax			Tax effect			Net of Tax
	(In thousands)
Unrealized gain/ (loss) on securities available-for-sale
Net gains/ (losses) arising during period	$	7,782	$	3,063	$	4,719	$	(18,913	)	$	(7,555	)	$	(11,358	)	$	(2,494	)	$	(1,145	)	$	(1,349	)
Less: Adjustment for realized gains/ (losses), net	376		154		222		521			190			331			236			97			139
Net change	7,406		2,909		4,497		(19,434		)	(7,745		)	(11,689		)	(2,730		)	(1,242		)	(1,488		)
Unrealized gain/ (loss) on cash flow hedges
Net gains/ (losses) arising during period	325		135		190		(793		)	(332		)	(461		)	(2,642		)	(1,088		)	(1,554		)
Add: scheduled reclass and other	1,179		491		688		1,666			687			979			4,052			1,698			2,354
Net change	1,504		626		878		873			355			518			1,410			610			800
Unrealized gain/ (loss) on other
Net gains/ (losses) arising during period	84		34		50		200			77			123			(193		)	(78		)	(115		)
Net change	84		34		50		200			77			123			(193		)	(78		)	(115		)
Total other comprehensive income/ (loss)	8,994		3,569		5,425		(18,361		)	(7,313		)	(11,048		)	(1,513		)	(710		)	(803		)
Net income attributable to the Company (1)	86,787		46,196		40,591		102,591			30,963			71,628			95,317			30,392			64,925
Total comprehensive income	$	95,781	$	49,765	$	46,016	$	84,230		$	23,650		$	60,580		$	93,804		$	29,682		$	64,122

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(1) Pre-tax net income attributable to the Company is calculated as income before income taxes, plus net income from discontinued operations, less net income attributable to noncontrolling interests.

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table presents a summary of the amounts reclassified from accumulated other comprehensive income/ (loss) for the years ended December 31, 2017, 2016, and 2015:

Description of component of accumulated other comprehensive income/ (loss)	Year ended December 31,									Affected line item in Statement of Operations
	2017			2016			2015
	(In thousands)
Adjustment for realized gains/(losses) on securities available-for-sale, net:
Pre-tax	$	376		$	521		$	236		Gain/ (loss) on sale of investments, net
Tax expense/ (benefit)	154			190			97			Income tax expense
Net	$	222		$	331		$	139		Net income attributable to the Company
Net realized gain/ (loss) on cash flow hedges:
Hedge related to junior subordinated debentures:
Pre-tax	$	—		$	—		$	1,879		Interest expense on junior subordinated debentures
Tax expense/ (benefit)	—			—			804			Income tax expense
Net	$	—		$	—		$	(1,075	)	Net income attributable to the Company
Hedge related to deposits
Pre-tax	$	1,179		$	1,666		$	2,173		Interest expense on deposits
Tax expense/ (benefit)	491			687			894			Income tax expense
Net	$	(688	)	$	(979	)	$	(1,279	)	Net income attributable to the Company
Total reclassifications for the period, net of tax	$	(688	)	$	(979	)	$	(2,354	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the after-tax changes in the components of the Company’s accumulated other comprehensive income/ (loss) for the years ended December 31, 2017, 2016, and 2015:

	Components of accumulated other comprehensive income/ (loss)
	Unrealized gain/ (loss) on securities available-for-sale			Unrealized gain/ (loss) on cash flow hedges			Unrealized gain/ (loss) on other			Accumulated other comprehensive income/ (loss)
	(In thousands)
Balance at December 31, 2014	$	1,983		$	(1,923	)	$	(757	)	$	(697	)
Other comprehensive income/ (loss) before reclassifications	(1,349		)	(1,554		)	(115		)	(3,018		)
Amounts reclassified from other comprehensive income/ (loss)	(139		)	2,354			—			2,215
Other comprehensive income/ (loss), net	(1,488		)	800			(115		)	(803		)
Balance at December 31, 2015	495			(1,123		)	(872		)	(1,500		)
Other comprehensive income/ (loss) before reclassifications	(11,358		)	(461		)	123			(11,696		)
Amounts reclassified from other comprehensive income/ (loss)	(331		)	979			—			648
Other comprehensive income/ (loss), net	(11,689		)	518			123			(11,048		)
Balance at December 31, 2016	(11,194		)	(605		)	(749		)	(12,548		)
Other comprehensive income/ (loss) before reclassifications	4,719			190			50			4,959
Amounts reclassified from other comprehensive income/ (loss)	(222		)	688			—			466
Other comprehensive income/ (loss), net	4,497			878			50			5,425
Reclassification due to the adoption of ASU 2018-02	(1,443		)	59			(151		)	(1,535		)
Balance at December 31, 2017	$	(8,140	)	$	332		$	(850	)	$	(8,658	)