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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Off-balance Sheet Financial Instruments
The following schedule summarizes the Corporation’s off-balance sheet financial instruments at December 31, 2019:
(Dollars in thousands)Contract/Notional Amount
Financial instruments representing credit risk:
Commitments to extend credit$1,336,781  
Performance letters of credit26,832  
Financial standby letters of credit17,093  
Other letters of credit461  
Summary of Future Minimum Contractual Payments With Third-Party Providers
At December 31, 2019, the Corporation had contracts with third-party providers to manage the Corporation's network operations, data processing and other related services. The projected amount of the Corporation's future minimum payments due for contracts with original or remaining terms greater than one year is as follows:
(Dollars in thousands)
YearAmount
2020$8,173  
20216,675  
20224,449  
2023695  
2024143  
Thereafter29  
Total$20,164