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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Summary of Financial Instruments Outstanding
At March 31, 2020 and December 31, 2019, respectively, the Company had the following financial instruments outstanding and related reserves, whose contract amounts represent credit risk:
(in thousands)
March 31, 2020
 
December 31, 2019
Commitments to extend credit
$
677,297

 
$
806,164

Unfunded commitments under lines of credit
7,006,974

 
7,240,808

Commercial and standby letters of credit
277,415

 
327,336

Reserve for unfunded lending commitments
18,302

 
16,637