XML 61 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 16 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
December 31, 2018
   
December 31, 2017
 
   
Carrying
   
 
 
 
 
Carrying
   
 
 
 
   
Amount
   
Fair Value
   
Amount
   
Fair Value
 
   
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
225,333
    $
225,333
    $
247,056
    $
247,056
 
Short-term investments
   
374,957
     
374,957
     
292,745
     
292,745
 
Securities available-for-sale
   
1,242,509
     
1,242,509
     
1,333,626
     
1,333,626
 
Loans held for sale
   
-
     
-
     
8,000
     
8,000
 
Loans, net
(1)
   
13,871,832
     
13,928,162
     
12,743,766
     
12,663,049
 
Equity securities
   
25,098
     
25,098
     
-
     
-
 
Investment in Federal Home Loan Bank stock
   
17,250
     
17,250
     
23,085
     
23,085
 
Warrants
   
184
     
184
     
91
     
91
 
   
Notional
   
 
 
 
 
Notional
   
 
 
 
   
Amount
   
Fair Value
   
Amount
   
Fair Value
 
Foreign exchange contracts
  $
86,875
    $
397
    $
108,530
    $
1,832
 
Interest rate swaps
   
467,410
     
7,810
     
514,159
     
5,218
 
Financial Liabilities
 
Carrying
   
 
 
 
 
Carrying
   
 
 
 
   
Amount
   
Fair Value
   
Amount
   
Fair Value
 
Deposits
  $
13,702,340
    $
13,754,028
    $
12,689,893
    $
12,700,674
 
Securities sold under agreements to repurchase
   
-
     
-
     
100,000
     
100,163
 
Advances from Federal Home Loan Bank
   
530,000
     
529,500
     
430,000
     
429,482
 
Other borrowings
   
35,756
     
34,031
     
52,885
     
51,075
 
Long-term debt
   
189,448
     
132,615
     
194,136
     
141,865
 
   
Notional
   
 
 
 
 
Notional
   
 
 
 
   
Amount
   
Fair Value
   
Amount
   
Fair Value
 
Option contracts
  $
1,215
    $
6
    $
1,014
    $
9
 
Foreign exchange contracts
   
94,977
     
1,763
     
32,127
     
453
 
Interest rate swaps
   
265,166
     
1,543
     
145,399
     
2,699
 
   
Notional
   
 
 
 
 
Notional
   
 
 
 
   
Amount
   
Fair Value
   
Amount
   
Fair Value
 
Off-Balance Sheet Financial Instruments
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commitments to extend credit
  $
2,691,579
    $
(8,843
)   $
2,366,368
    $
(7,224
)
Standby letters of credit
   
245,087
     
(2,662
)    
140,814
     
(1,805
)
Other letters of credit
   
35,759
     
(30
)    
27,353
     
(52
)
Bill of lading guarantees
   
730
     
-
     
24
     
(0
)
Schedule Of Fair Value Of Financial Instruments [Table Text Block]
   
As of December 31, 2018
 
   
Estimated
   
 
 
 
 
 
 
 
 
 
 
 
   
Fair Value
   
 
 
 
 
 
 
 
 
 
 
 
   
Measurements
   
Level 1
   
Level 2
   
Level 3
 
   
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
225,333
    $
225,333
    $
-
    $
-
 
Short-term investments
   
374,957
     
374,957
     
-
     
-
 
Securities available-for-sale
   
1,242,509
     
124,751
     
1,117,758
     
-
 
Loans, net
(1)
   
13,928,162
     
-
     
-
     
13,928,162
 
Equity securities
   
25,098
     
25,098
     
-
     
-
 
Investment in Federal Home Loan Bank stock
   
17,250
     
-
     
17,250
     
-
 
Warrants
   
184
     
-
     
-
     
184
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
13,754,028
     
-
     
-
     
13,754,028
 
Advances from Federal Home Loan Bank
   
529,500
     
-
     
529,500
     
-
 
Other borrowings
   
34,031
     
-
     
-
     
34,031
 
Long-term debt
   
132,615
     
-
     
132,615
     
-
 
   
As of December 31, 2017
 
   
Estimated
   
 
 
 
 
 
 
 
 
 
 
 
   
Fair Value
   
 
 
 
 
 
 
 
 
 
 
 
   
Measurements
   
Level 1
   
Level 2
   
Level 3
 
   
(In thousands)
 
Financial Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
  $
247,056
    $
247,056
    $
-
    $
-
 
Short-term investments
   
292,745
     
292,745
     
-
     
-
 
Securities available-for-sale
   
1,333,626
     
277,622
     
1,056,004
     
-
 
Loans held-for-sale
   
8,000
     
-
     
-
     
8,000
 
Loans, net
(1)
   
12,663,049
     
-
     
-
     
12,663,049
 
Investment in Federal Home Loan Bank stock
   
23,085
     
-
     
23,085
     
-
 
Warrants
   
91
     
-
     
-
     
91
 
Financial Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
   
12,700,674
     
-
     
-
     
12,700,674
 
Securities sold under agreement to repurchase
   
100,163
     
-
     
100,163
     
-
 
Advances from Federal Home Loan Bank
   
429,482
     
-
     
429,482
     
-
 
Other borrowings
   
51,075
     
-
     
-
     
51,075
 
Long-term debt
   
141,865
     
-
     
141,865
     
-