XML 84 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 17 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
As of December 31, 2012
   
As of December 31, 2011
 
   
Carrying
Amount
   
Fair Value
   
Carrying
Amount
   
Fair Value
 
   
(In thousands)
 
Financial Assets
                       
Cash and due from banks
  $ 144,909     $ 144,909     $ 117,888     $ 117,888  
Short-term investments
    411,983       411,983       294,956       294,956  
Securities held-to-maturity
    773,768       823,906       1,153,504       1,203,977  
Securities available-for-sale
    1,291,480       1,291,480       1,294,478       1,294,478  
Trading securities
    4,703       4,703       4,542       4,542  
Loans held-for-sale
    -       -       760       760  
Loans, net
    7,235,587       7,169,732       6,844,483       6,825,571  
Investment in Federal Home Loan Bank stock
    41,272       41,272       52,989       52,989  
Warrants
    104       104       218       218  
   
Notional
Amount
   
Fair Value
   
Notional
Amount
   
Fair Value
 
Option contracts
  $ 105     $ -     $ 3,026     $ 34  
Foreign exchange contracts
    188,145       2,924       238,581       2,151  
Financial Liabilities  
Carrying
Amount
   
Fair Value
   
Carrying
Amount
   
Fair Value
 
                                 
Deposits
  $ 7,383,225     $ 7,389,015     $ 7,229,131     $ 7,240,857  
Securities sold under agreement to repurchase
    1,250,000       1,361,585       1,400,000       1,547,900  
Advances from Federal Home Loan Bank
    146,200       146,789       225,000       227,825  
Other borrowings
    18,713       14,573       19,800       19,801  
Long-term debt
    171,136       98,392       171,136       98,676  
   
Notional
Amount
   
Fair Value
   
Notional
Amount
   
Fair Value
 
Option contracts
  $ 104     $ 2     $ 1,282     $ 5  
Interest rate swaps
    -       -       300,000       2,634  
Foreign exchange contracts
    133,669       1,586       128,215       486  
                                 
   
Notional
Amount
   
Fair Value
   
Notional
Amount
   
Fair Value
 
Off-Balance Sheet Financial Instruments
                               
Commitments to extend credit
  $ 1,740,463     $ (1,875 )   $ 1,626,523     $ (1,253 )
Standby letters of credit
    44,672       (204 )     62,076       (367 )
Other letters of credit
    71,073       (34 )     64,233       (38 )
Bill of lading guarantees
    77       -       187       -  
Schedule of Fair Value of Financial Instruments [Table Text Block]
   
As of December 31, 2012
 
   
Estimated
Fair Value
Measurements
   
Level 1
   
Level 2
   
Level 3
 
   
(In thousands)
 
Financial Assets
                       
Cash and due from banks
  $ 144,909     $ 144,909     $ -     $ -  
Short-term investments
    411,983       411,983       -       -  
Securities held-to-maturity
    823,906       -       823,906       -  
Securities available-for-sale
    1,291,480       526,165       765,315       -  
Trading securities
    4,703       -       4,703       -  
Loans, net
    7,169,732       -       -       7,169,732  
Investment in Federal Home Loan Bank stock
    41,272       -       41,272       -  
Warrants
    104       -       -       104  
Financial Liabilities
                               
Deposits
    7,389,015       -       -       7,389,015  
Securities sold under agreement to repurchase
    1,361,585       -       1,361,585       -  
Advances from Federal Home Loan Bank
    146,789       -       146,789       -  
Other borrowings
    14,573       -       -       14,573  
Long-term debt
    98,392       -       98,392       -  
   
As of December 31, 2011
 
   
Estimated
Fair Value
Measurements
   
Level 1
   
Level 2
   
Level 3
 
   
(In thousands)
 
Financial Assets
                       
Cash and due from banks
  $ 117,888     $ 117,888     $ -     $ -  
Short-term investments
    294,956       294,956       -       -  
Securities held-to-maturity
    1,203,977       -       1,203,977       -  
Securities available-for-sale
    1,294,478       54,958       1,239,520       -  
Trading securities
    4,542       2       4,540       -  
Loans held-for-sale
    760       -       760       .  
Loans, net
    6,825,571       -       -       6,825,571  
Investment in Federal Home Loan Bank stock
    52,989       -       52,989       -  
Warrants
    218       -       -       218  
Financial Liabilities
                               
Deposits
    7,240,857       -       -       7,240,857  
Securities sold under agreement to repurchase
    1,547,900       -       1,547,900       -  
Advances from Federal Home Loan Bank
    227,825       -       227,825       -  
Other borrowings
    19,801       -       -       19,801  
Long-term debt
    98,676       -       98,676       -