Other Assets (Tables)

12 Months Ended

Dec. 31, 2020

Other Assets [Abstract]

Other Assets

The following table presents the detail of our other assets as of the dates indicated:

	December 31,
Other Assets	2020		2019
	(In thousands)
LIHTC investments (1)	$	213,034	$	75,149
Cash surrender value of BOLI	203,031		199,029
Operating lease ROU assets, net (2)	119,787		129,301
Interest receivable	101,596		81,479
Taxes receivable	59,565		31,591
Equity investments without readily determinable fair values	34,304		27,738
SBIC investments (3)	32,327		16,505
Prepaid expenses	22,999		17,099
Equity investments with readily determinable fair values	6,147		2,998
Equity warrants (4)	4,520		3,434
Other receivables/assets	63,016		52,488
Total other assets	$	860,326	$	636,811

____________________

(1)    During the first quarter of 2020, the Company increased the amount of its investment in low income housing project partnerships by $101 million representing the amount of related unfunded commitments, with an offset to a liability included in "Accrued interest payable and other liabilities" on the consolidated balance sheets.

(2)    See Note 9. Leases for further details regarding the operating lease ROU assets.

(3)    During the third quarter of 2020, the Company prospectively changed the accounting method for its SBIC investments from modified cost to NAV fair value.

(4)    For information regarding equity warrants, see Note 12. Derivatives.