Loans (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Composition Of Loan Portfolio

The following table presents the Company's loans held-for-investment by class.

Loan Portfolio

(Dollar amounts in thousands)

	As of December 31,
	2018		2017
Commercial and industrial	$	4,120,293	$	3,529,914
Agricultural	430,928		430,886
Commercial real estate:
Office, retail, and industrial	1,820,917		1,979,820
Multi-family	764,185		675,463
Construction	649,337		539,820
Other commercial real estate	1,361,810		1,358,515
Total commercial real estate	4,596,249		4,553,618
Total corporate loans	9,147,470		8,514,418
Home equity	851,607		827,055
1-4 family mortgages	1,017,181		774,357
Installment	430,525		321,982
Total consumer loans	2,299,313		1,923,394
Total loans	$	11,446,783	$	10,437,812
Deferred loan fees included in total loans	$	6,715	$	4,986
Overdrawn demand deposits included in total loans	8,583		8,587

Schedule of Financial Instruments Owned and Pledged as Collateral

The carrying value of loans that were pledged to secure liabilities as of December 31, 2018 and 2017 are presented below.

Carrying Value of Loans Pledged

(Dollar amounts in thousands)

	As of December 31
	2018		2017
Loans pledged to secure:
FHLB advances (blanket pledge)	$	4,443,268	$	4,587,240
FRB's Discount Window Primary Credit Program	1,166,128		1,099,712
Total	$	5,609,396	$	5,686,952

Schedule of Loans Sold

The following table presents loan sales for the years ended December 31, 2018, 2017, and 2016.

Loan Sales

(Dollar amounts in thousands)

	As of December 31,
	2018		2017		2016
Corporate loan sales
Proceeds from sales	$	17,900	$	52,974	$	54,681
Less book value of loans sold	17,498		51,781		52,821
Net gains on corporate sales(1)	402		1,193		1,860
1-4 family mortgage loan sales
Proceeds from sales	245,967		258,626		290,383
Less book value of loans sold	240,807		252,741		283,312
Net gains on 1-4 family mortgage sales(2)	5,160		5,885		7,071
Total net gains on loan sales	$	5,562	$	7,078	$	8,931

⁽¹⁾  Net gains on corporate loan sales are included in other service charges, commissions, and fees in the Consolidated Statements of Income.

⁽²⁾  Net gains on 1-4 family mortgage loan sales are included in mortgage banking income in the Consolidated Statements of Income.