Derivative Instruments and hedging activities (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

		Notional amount			Derivative assets					Derivative liabilities
					Statement of		Fair value at			Statement of		Fair value at
		At December 31,			condition		December 31,			condition		December 31,
(In thousands)		2016		2015	classification		2016		2015	classification		2016		2015
Derivatives designated as
hedging instruments:
Forward contracts	$	105,290	$	109,900	Other assets	$	34	$	24	Other liabilities	$	715	$	232
Total derivatives designated
as hedging instruments	$	105,290	$	109,900		$	34	$	24		$	715	$	232
Derivatives not designated
as hedging instruments:
Forward contracts	$	709	$	-	Trading account securities	$	9	$	-	Other liabilities	$	-	$	-
Interest rate swaps		112,554		189,152	Other assets		759		3,760	Other liabilities		810		4,144
Foreign currency forward contracts		2,637		140	Other assets		36		1	Other liabilities		22		-
Interest rate caps		191,738		94,680	Other assets		388		94	Other liabilities		331		94
Indexed options on deposits		73,470		90,409	Other assets		12,868		13,080	-		-		-
Bifurcated embedded options		69,957		86,283	-		-		-	Interest bearing deposits		10,964		9,873
Total derivatives not
designated as
hedging instruments:	$	451,065	$	460,664		$	14,060	$	16,935		$	12,127	$	14,111
Total derivative assets
and liabilities	$	556,355	$	570,564		$	14,094	$	16,959		$	12,842	$	14,343

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

Year ended December 31, 2016
(In thousands)	Amount of net gain (loss) recognized in OCI on derivatives (effective portion)		Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion, ineffective portion, and amount excluded from effectiveness testing)	Amount of net gain (loss) reclassified from AOCI into income (effective portion)		Amount of net gain (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
Forward contracts	$	(3,612)	Mortgage banking activities	$	(3,148)	$	(1)
Total	$	(3,612)		$	(3,148)	$	(1)

Year ended December 31, 2015
(In thousands)	Amount of net gain (loss) recognized in OCI on derivatives (effective portion)		Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion, ineffective portion, and amount excluded from effectiveness testing)	Amount of net gain (loss) reclassified from AOCI into income (effective portion)		Amount of net gain (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
Forward contracts	$	(4,376)	Mortgage banking activities	$	(4,719)	$	17
Total	$	(4,376)		$	(4,719)	$	17

Year ended December 31, 2014
(In thousands)	Amount of net gain (loss) recognized in OCI on derivatives (effective portion)		Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion, ineffective portion, and amount excluded from effectiveness testing)	Amount of net gain (loss) reclassified from AOCI into income (effective portion)		Amount of net gain (loss) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
Forward contracts	$	(6,613)	Mortgage banking activities	$	(6,091)	$	(109)
Total	$	(6,613)		$	(6,091)	$	(109)

Schedule of Derivative Instruments Included in Trading Activities [Table Text Block]

	Amount of Net Gain (Loss) Recognized in Income on Derivatives
		Year ended		Year ended		Year ended
	Classification of Net Gain (Loss)	December 31,		December 31,		December 31,
(In thousands)	Recognized in Income on Derivatives	2016		2015		2014
Forward contracts	Mortgage banking activities	$	(160)	$	(389)	$	(10,876)
Interest rate swaps	Other operating income		333		300		1,223
Foreign currency forward contracts	Other operating income		27		49		8
Foreign currency forward contracts	Interest expense		12		(4)		5
Interest rate caps	Other operating income		57		-		-
Indexed options on deposits	Interest expense		1,981		(334)		2,815
Bifurcated embedded options	Interest expense		(2,374)		73		(1,666)
Total		$	(124)	$	(305)	$	(8,491)