XML 34 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 12 - Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

March 31, 2014

   

December 31, 2013

 
   

Carrying

           

Carrying

         
   

Amount

   

Fair Value

   

Amount

   

Fair Value

 
   

(In thousands)

 

Financial Assets

                               

Cash and due from banks

  $ 161,657     $ 161,657     $ 153,747     $ 153,747  

Short-term investments

    620,306       620,306       516,938       516,938  

Securities available-for-sale

    1,578,897       1,578,897       1,586,668       1,586,668  

Trading securities

    -       -       4,936       4,936  

Loans, net

    8,120,208       8,045,314       7,897,187       7,760,490  

Investment in Federal Home Loan Bank stock

    29,901       29,901       25,000       25,000  

Warrants

    28       28       30       30  
   

Notional

           

Notional

         
   

Amount

   

Fair Value

   

Amount

   

Fair Value

 

Option contracts

  $ 590     $ 3     $ 200     $ 0  

Foreign exchange contracts

    270,675       5,093       267,644       6,182  
                                 

Financial Liabilities

 

Carrying

           

Carrying

         
   

Amount

   

Fair Value

   

Amount

   

Fair Value

 
                                 

Deposits

  $ 8,232,625     $ 8,233,462     $ 7,981,305     $ 7,977,639  

Securities sold under agreements to repurchase

    700,000       739,254       800,000       852,835  

Advances from Federal Home Loan Bank

    636,200       636,531       521,200       521,560  

Other borrowings

    19,025       16,337       19,062       16,107  

Long-term debt

    121,136       59,305       121,136       58,970  
   

Notional

           

Notional

         
   

Amount

   

Fair Value

   

Amount

   

Fair Value

 

Option contracts

  $ 590     $ 2     $ -     $ -  

Foreign exchange contracts

    227,655       3,322       236,350       6,140  
                                 
   

Notional

           

Notional

         
   

Amount

   

Fair Value

   

Amount

   

Fair Value

 

Off-Balance Sheet Financial Instruments

                               

Commitments to extend credit

  $ 1,946,254     $ (2,066 )   $ 1,858,669     $ (2,187 )

Standby letters of credit

    48,825       (210 )     45,058       (205 )

Other letters of credit

    51,704       (34 )     54,098       (34 )

Bill of lading guarantees

    173       -       80       -  
Schedule of Fair Value of Financial Instruments [Table Text Block]
   

March 31, 2014

 
   

Estimated

                         
   

Fair Value

                         
   

Measurements

   

Level 1

   

Level 2

   

Level 3

 
   

(In thousands)

 

Financial Assets

                               

Cash and due from banks

  $ 161,657     $ 161,657     $ -     $ -  

Short-term investments

    620,306       620,306       -       -  

Securities available-for-sale

    1,578,897       481,576       1,097,321       -  

Loans, net

    8,045,314       -       -       8,045,314  

Investment in Federal Home Loan Bank stock

    29,901       -       29,901       -  

Warrants

    28       -       -       28  

Financial Liabilities

                               

Deposits

    8,233,462       -       -       8,233,462  

Securities sold under agreements to repurchase

    739,254       -       739,254       -  

Advances from Federal Home Loan Bank

    636,531       -       636,531       -  

Other borrowings

    16,337       -       -       16,337  

Long-term debt

    59,305       -       59,305       -  
   

December 31, 2013

 
   

Estimated

                         
   

Fair Value

                         
   

Measurements

   

Level 1

   

Level 2

   

Level 3

 
   

(In thousands)

 

Financial Assets

                               

Cash and due from banks

  $ 153,747     $ 153,747     $ -     $ -  

Short-term investments

    516,938       516,938       -       -  

Securities available-for-sale

    1,586,668       465,917       1,120,751       -  

Trading securities

    4,936       -       4,936       -  

Loans, net

    7,760,490       -       -       7,760,490  

Investment in Federal Home Loan Bank stock

    25,000       -       25,000       -  

Warrants

    30       -       -       30  

Financial Liabilities

                               

Deposits

    7,977,639       -       -       7,977,639  

Securities sold under agreements to repurchase

    852,835       -       852,835       -  

Advances from Federal Home Loan Bank

    521,560       -       521,560       -  

Other borrowings

    16,107       -       -       16,107  

Long-term debt

    58,970       -       58,970       -