XML 67 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The estimated fair values of the Company’s financial instruments and the classification of their fair value measurements within the valuation hierarchy are as follows at December 31, 2018 and 2017:
 
Carrying Amount
 
Estimated Fair Value at December 31, 2018

(In thousands)
 
Level 1
Level 2
Level 3
Total
Financial Assets
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
Business
$
5,106,427

 
$

$

$
5,017,694

$
5,017,694

Real estate - construction and land
869,659

 


868,274

868,274

Real estate - business
2,875,788

 


2,846,095

2,846,095

Real estate - personal
2,127,083

 


2,084,370

2,084,370

Consumer
1,955,572

 


1,916,627

1,916,627

Revolving home equity
376,399

 


365,069

365,069

Consumer credit card
814,134

 


756,651

756,651

Overdrafts
15,236

 


11,223

11,223

Total loans
14,140,298

 


13,866,003

13,866,003

Loans held for sale
20,694

 

20,694


20,694

Investment securities
8,698,666

 
910,237

7,643,290

145,139

8,698,666

Federal funds sold
3,320

 
3,320



3,320

Securities purchased under agreements to resell
700,000

 


693,228

693,228

Interest earning deposits with banks
689,876

 
689,876



689,876

Cash and due from banks
507,892

 
507,892



507,892

Derivative instruments
41,210

 

40,627

583

41,210

Assets held in trust for deferred compensation plan
12,968

 
12,968



12,968

       Total
$
24,814,924

 
$
2,124,293

$
7,704,611

$
14,704,953

$
24,533,857

Financial Liabilities
 
 
 
 
 
 
Non-interest bearing deposits
$
6,980,298

 
$
6,980,298

$

$

$
6,980,298

Savings, interest checking and money market deposits
11,685,239

 
11,685,239



11,685,239

Certificates of deposit
1,658,122

 


1,663,748

1,663,748

Federal funds purchased
13,170

 
13,170



13,170

Securities sold under agreements to repurchase
1,943,219

 


1,944,458

1,944,458

Other borrowings
8,702

 


8,702

8,702

Derivative instruments
13,421

 

13,328

93

13,421

Liabilities held in trust for deferred compensation plan
12,968

 
12,968



12,968

       Total
$
22,315,139

 
$
18,691,675

$
13,328

$
3,617,001

$
22,322,004



 
Carrying Amount
 
Estimated Fair Value at December 31, 2017

(In thousands)
 
Level 1
Level 2
Level 3
Total
Financial Assets
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
Business
$
4,958,554

 
$

$

$
4,971,401

$
4,971,401

Real estate - construction and land
968,820

 


979,389

979,389

Real estate - business
2,697,452

 


2,702,598

2,702,598

Real estate - personal
2,062,787

 


2,060,443

2,060,443

Consumer
2,104,487

 


2,074,129

2,074,129

Revolving home equity
400,587

 


400,333

400,333

Consumer credit card
783,864

 


798,093

798,093

Overdrafts
7,123

 


7,123

7,123

Total loans
13,983,674

 


13,993,509

13,993,509

Loans held for sale
21,398

 

21,398


21,398

Investment securities
8,893,307

 
937,011

7,838,522

117,774

8,893,307

Federal funds sold
42,775

 
42,775



42,775

Securities purchased under agreements to resell
700,000

 


695,194

695,194

Interest earning deposits with banks
30,631

 
30,631



30,631

Cash and due from banks
438,439

 
438,439



438,439

Derivative instruments
8,349

 

7,723

626

8,349

Assets held in trust for deferred compensation plan
12,843

 
12,843



12,843

       Total
$
24,131,416

 
$
1,461,699

$
7,867,643

$
14,807,103

$
24,136,445

Financial Liabilities
 
 
 
 
 
 
Non-interest bearing deposits
$
7,158,962

 
$
7,158,962

$

$

$
7,158,962

Savings, interest checking and money market deposits
11,499,620

 
11,499,620



11,499,620

Certificates of deposit
1,766,864

 


1,768,780

1,768,780

Federal funds purchased
202,370

 
202,370



202,370

Securities sold under agreements to repurchase
1,304,768

 


1,305,375

1,305,375

Other borrowings
1,758

 


1,758

1,758

Derivative instruments
8,074

 

7,951

123

8,074

Liabilities held in trust for deferred compensation plan
12,843

 
12,843



12,843

       Total
$
21,955,259

 
$
18,873,795

$
7,951

$
3,076,036

$
21,957,782