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Note 16 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
 
 
December 31, 2016
 
 
December 31, 2015
 
 
 
Carrying
 
 
 
 
 
 
Carrying
 
 
 
 
 
 
 
Amount
 
 
Fair Value
 
 
Amount
 
 
Fair Value
 
 
 
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
218,017
    $
218,017
    $
180,130
    $
180,130
 
Short-term investments
   
967,067
     
967,067
     
536,880
     
536,880
 
Securities available-for-sale
   
1,314,345
     
1,314,345
     
1,586,352
     
1,586,352
 
Loans held for sale
   
7,500
     
7,500
     
6,676
     
6,676
 
Loans, net
   
11,077,315
     
11,006,344
     
10,016,227
     
9,938,810
 
Investment in Federal Home Loan Bank stock
   
17,250
     
17,250
     
17,250
     
17,250
 
Warrants
   
79
     
79
     
62
     
62
 
 
 
Notional
 
 
 
 
 
 
Notional
 
 
 
 
 
 
 
Amount
 
 
Fair Value
 
 
Amount
 
 
Fair Value
 
Foreign exchange contracts
 
82,439
   
1,302
   
100,602
   
3,339
 
Interest rate swaps
   
361,526
     
938
     
-
     
-
 
 
 
Carrying
 
 
 
 
 
 
Carrying
 
 
 
 
 
 
 
Amount
 
 
Fair Value
 
 
Amount
 
 
Fair Value
 
Financial Liabilities
 
                               
Deposits
  $
11,674,726
   
11,680,017
    $
10,509,087
   
10,509,879
 
Securities sold under agreements to repurchase
   
350,000
     
351,989
     
400,000
     
413,417
 
Advances from Federal Home Loan Bank
   
350,000
     
350,062
     
275,000
     
274,488
 
Other borrowings
   
17,662
     
15,944
     
18,593
     
16,684
 
Long-term debt
   
119,136
     
63,169
     
119,136
     
58,420
 
 
 
Notional
 
 
 
 
 
 
Notional
 
 
 
 
 
 
 
Amount
 
 
Fair Value
 
 
Amount
 
 
Fair Value
 
Option contracts
  $
12,117
    $
121
    $
9,396
    $
28
 
Foreign exchange contracts
   
89,545
     
3,132
     
115,418
     
4,124
 
Interest rate swaps
   
119,136
     
3,744
     
459,416
     
6,496
 
 
 
Notional
 
 
 
 
 
 
Notional
 
 
 
 
 
 
 
Amount
 
 
Fair Value
 
 
Amount
 
 
Fair Value
 
Off-Balance Sheet Financial Instruments
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commitments to extend credit
  $
2,062,241
    $
(6,025
)   $
1,971,848
    $
(5,570
)
Standby letters of credit
   
75,396
     
(668
)    
49,081
     
(194
)
Other letters of credit
   
37,283
     
(16
)    
38,131
     
(22
)
Bill of lading guarantees
   
75
     
(0
)    
454
     
(1
)
Schedule Of Fair Value Of Financial Instruments [Table Text Block]
 
 
As of December 31, 2016
 
 
 
Estimated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Measurements
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
218,017
    $
218,017
    $
-
    $
-
 
Short-term investments
   
967,067
     
967,067
     
-
     
-
 
Securities available-for-sale
   
1,314,345
     
513,376
     
800,969
     
-
 
Loans held-for-sale
   
7,500
     
-
     
-
     
7,500
 
Loans, net
   
11,006,344
     
-
     
-
     
11,006,344
 
Investment in Federal Home Loan Bank stock
   
17,250
     
-
     
17,250
     
-
 
Warrants
   
79
     
-
     
-
     
79
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
11,680,017
     
-
     
-
     
11,680,017
 
Securities sold under agreement to repurchase
   
351,989
     
-
     
351,989
     
-
 
Advances from Federal Home Loan Bank
   
350,062
     
-
     
350,062
     
-
 
Other borrowings
   
15,944
     
-
     
-
     
15,944
 
Long-term debt
   
63,169
     
-
     
63,169
     
-
 
 
 
As of December 31, 2015
 
 
 
Estimated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Measurements
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
180,130
    $
180,130
    $
-
    $
-
 
Short-term investments
   
536,880
     
536,880
     
-
     
-
 
Securities available-for-sale
(1)
   
1,586,352
     
302,032
     
1,284,320
     
-
 
Loans held-for-sale
   
6,676
     
-
     
-
     
6,676
 
Loans, net
   
9,938,810
     
-
     
-
     
9,938,810
 
Investment in Federal Home Loan Bank stock
   
17,250
     
-
     
17,250
     
-
 
Warrants
   
62
     
-
     
-
     
62
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
10,509,879
     
-
     
-
     
10,509,879
 
Securities sold under agreement to repurchase
   
413,417
     
-
     
413,417
     
-
 
Advances from Federal Home Loan Bank
   
274,488
     
-
     
-
     
274,488
 
Other borrowings
   
16,684
     
-
     
-
     
16,684
 
Long-term debt
   
58,420
     
-
     
58,420
     
-