Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2018

Off-Balance-Sheet Originate Loans and Letters of Credit

The following table summarizes the Company’s off-balance sheet commitments to originate loans and letters of credit at December 31, 2018:

(in thousands)
Mortgage Loan Commitments:
Multi-family and commercial real estate	$	365,788
One-to-four family		1,478
Acquisition, development, and construction		241,468
Total mortgage loan commitments	$	608,734
Other loan commitments		1,426,210
Total loan commitments		2,034,944
Commercial, performance stand-by, and financial stand-by letters of credit		508,121
Total commitments	$	2,543,065

Remaining Projected Minimum Annual Rental Commitments, Exclusive of Taxes and Other Charges

The remaining projected minimum annual rental commitments under these agreements, exclusive of taxes and other charges, are summarized as follows:

(in thousands)
2019	$	30,322
2020		23,399
2021		19,736
2022		16,552
2023 and thereafter		55,525
Total minimum future rentals	$	145,534

Guarantees and Indemnifications

The following table summarizes the Company’s guarantees and indemnifications at December 31, 2018:

(in thousands)	Expires Within One Year		Expires After One Year		Total Outstanding Amount		Maximum Potential Amount of Future Payments
Financial stand-by letters of credit	$	169,242	$	55,563	$	224,805	$	444,066
Performance stand-by letters of credit		3,614		—		3,614		3,665
Commercial letters of credit		3,272		490		3,762		60,390
Total letters of credit	$	176,128	$	56,053	$	232,181	$	508,121