XML 38 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 11 - Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
June 30, 2016
 
Fair Value Measurements Using
   
Total at
 
   
Level 1
   
Level 2
   
Level 3
   
Fair Value
 
Assets
 
(In thousands)
 
                                 
Securities available-for-sale
                               
U.S. Treasury securities
  $ 240,039     $ -     $ -     $ 240,039  
U.S. government sponsored entities
    -       125,142       -       125,142  
Mortgage-backed securities
    -       783,313       -       783,313  
Collateralized mortgage obligations
    -       32       -       32  
Corporate debt securities
    -       73,229       -       73,229  
Mutual funds
    5,953       -       -       5,953  
Preferred stock of government sponsored entities
    -       4,160       -       4,160  
Other equity securities
    -       10,036       -       10,036  
Total securities available-for-sale
    245,992       995,912       -       1,241,904  
Warrants
    -       -       90       90  
Foreign exchange contracts
    -       2,083       -       2,083  
Total assets
  $ 245,992     $ 997,995     $ 90     $ 1,244,077  
                                 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
Interest rate swaps
  $ -     $ 18,050     $ -     $ 18,050  
Foreign exchange contracts
    -       1,602       -       1,602  
Total liabilities
  $ -     $ 19,652     $ -     $ 19,652  
December 31, 2015
 
Fair Value Measurements Using
   
Total at
 
   
Level 1
   
Level 2
   
Level 3
   
Fair Value
 
Assets
 
(In thousands)
 
                                 
Securities available-for-sale
                               
U.S. Treasury securities
  $ 284,288     $ -     $ -     $ 284,288  
U.S. government sponsored entities
    -       148,160       -       148,160  
Mortgage-backed securities
    -       1,062,269       -       1,062,269  
Collateralized mortgage obligations
    -       36       -       36  
Corporate debt securities
    -       73,855       -       73,855  
Mutual funds
    5,833       -       -       5,833  
Preferred stock of government sponsored entities
    -       3,216       -       3,216  
Other equity securities
    -       8,695       -       8,695  
Total securities available-for-sale
    290,121       1,296,231       -       1,586,352  
Warrants
    -       -       62       62  
Foreign exchange contracts
    -       3,339       -       3,339  
Total assets
  $ 290,121     $ 1,299,570     $ 62     $ 1,589,753  
                                 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
Option contracts
  $ -     $ 28     $ -     $ 28  
Interest rate swaps
    -       6,496       -       6,496  
Foreign exchange contracts
    -       4,124       -       4,124  
Total liabilities
  $ -     $ 10,648     $ -     $ 10,648  
Fair Value Measurements, Nonrecurring [Table Text Block]
 
 
June 30, 2016
 
 
Total Losses
 
 
 
Fair Value Measurements Using
 
 
Total at
 
 
Three Months Ended
 
 
Six Months Ended
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
Fair Value
 
 
June 30, 2016
 
 
June 30, 2015
 
 
June 30, 2016
 
 
June 30, 2015
 
 
 
(In thousands)
 
Assets
                                                               
Impaired loans by type:
                                                               
Commercial loans
  $ -     $ -     $ 4,032     $ 4,032     $ -     $ 2,574     $ -     $ 2,805  
Commercial mortgage loans
    -       -       18,843       18,843       945       -       945       654  
Residential mortgage loans and equity lines
    -       -       13,436       13,436       -       -       -       146  
Total impaired loans
    -       -       36,311       36,311       945       2,574       945       3,605  
Other real estate owned
(1)
    -       7,995       440       8,435       88       44       216       225  
Investments in venture capital and private company stock
    -       -       4,499       4,499       122       103       231       327  
Total assets
  $ -     $ 7,995     $ 41,250     $ 49,245     $ 1,155     $ 2,721     $ 1,392     $ 4,157  
 
 
December 31, 2015
 
 
Total Losses
 
 
 
Fair Value Measurements Using
 
 
Total at
 
 
Twelve Months Ended
 
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
Fair Value
 
 
December 31, 2015
 
 
December 31, 2014
 
 
 
(In thousands)
 
Assets
                                               
Impaired loans by type:
                                               
Commercial loans
  $ -     $ -     $ 6,317     $ 6,317     $ 806     $ 17  
Commercial mortgage loans
    -       -       20,359       20,359       598       3,914  
Residential mortgage loans and equity lines
    -       -       13,009       13,009       146       27  
Total impaired loans
    -       -       39,685       39,685       1,550       3,958  
Other real estate owned
(1)
    -       10,047       4,235       14,282       404       202  
Investments in venture capital and private company stock
    -       -       4,922       4,922       553       436  
Total assets
  $ -     $ 10,047     $ 48,842     $ 58,889     $ 2,507     $ 4,596