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Note 15 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

As of December 31, 2019

 

Fair Value Measurements Using

   

Total at

 
   

Level 1

   

Level 2

   

Level 3

   

Fair Value

 

 

 

(In thousands)

 
Assets                                 
                                 
Securities available-for-sale                                

U.S. Treasury securities

  $ 74,936     $     $     $ 74,936  

U.S. government agency entities

          90,796             90,796  

U.S. government sponsored entities

          224,443             224,443  

Mortgage-backed securities

          887,790             887,790  

Collateralized mortgage obligations

          552             552  

Corporate debt securities

          173,325             173,325  

Total securities available-for-sale

    74,936       1,376,906             1,451,842  
                                 

Equity securities

                               

Mutual funds

    6,277                   6,277  

Preferred stock of government sponsored entities

    10,529                   10,529  

Other equity securities

    11,199                   11,199  

Total equity securities

    28,005                   28,005  

Warrants

                39       39  

Interest rate swaps

          2,181             2,181  

Foreign exchange contracts

          2,411             2,411  

Total assets

  $ 102,941     $ 1,381,498     $ 39     $ 1,484,478  
                                 

Liabilities

                               
                                 
Option contracts    $     $ 7     $     $ 7  

Interest rate swaps

          14,229             14,229  

Foreign exchange contracts

          1,415             1,415  

Total liabilities

  $     $ 15,651     $     $ 15,651  

As of December 31, 2018

 

Fair Value Measurements Using

   

Total at

 
   

Level 1

   

Level 2

   

Level 3

   

Fair Value

 

 

 

(In thousands)

 
Assets                                

Securities available-for-sale

                               

U.S. Treasury securities

  $ 124,751     $     $     $ 124,751  

U.S. government agency entities

          5,871             5,871  

U.S. government sponsored entities

          388,363             388,363  

Mortgage-backed securities

          656,744             656,744  

Collateralized mortgage obligations

          977             977  

Corporate debt securities

          65,803             65,803  

Total securities available-for-sale

    124,751       1,117,758             1,242,509  
                                 

Equity securities

                               

Mutual funds

    6,094                   6,094  

Preferred stock of government sponsored entities

    7,822                   7,822  

Other equity securities

    11,182                   11,182  

Total equity securities

    25,098                   25,098  

Warrants

                184       184  

Interest rate swaps

          7,810             7,810  

Foreign exchange contracts

          397             397  

Total assets

  $ 149,849     $ 1,125,965     $ 184     $ 1,275,998  
                                 

Liabilities

                               
                                 

Option contracts

  $     $ 6     $     $ 6  

Interest rate swaps

          1,543             1,543  

Foreign exchange contracts

          1,763             1,763  

Total liabilities

  $     $ 3,312     $     $ 3,312  
Fair Value Measurements, Nonrecurring [Table Text Block]
   

As of December 31, 2019

   

Total Losses/(Gains)

 
   

Fair Value Measurements Using

   

Total at

   

For the Twelve Months Ended

 
   

Level 1

   

Level 2

   

Level 3

   

Fair Value

   

December 31, 2019

   

December 31, 2018

 

 

 

(In thousands)

 
Assets                                                

Impaired loans by type:

                                               

Commercial loans

  $     $     $ 6,196     $ 6,196     $     $  

Commercial mortgage loans

                25,566       25,566              

Residential mortgage and equity lines

                5,320       5,320              

Total impaired loans

                37,082       37,082              

Other real estate owned (1)

          6,490       4,343       10,833       681       (619 )

Investments in venture capital

                1,604       1,604       167       330  

Total assets

  $     $ 6,490     $ 43,029     $ 49,519     $ 848     $ (289 )
   

As of December 31, 2018

   

Total Losses/(Gains)

 
   

Fair Value Measurements Using

   

Total at

   

For the Twelve Months Ended

 
   

Level 1

   

Level 2

   

Level 3

   

Fair Value

   

December 31, 2018

   

December 31, 2017

 

 

 

(In thousands)

 
Assets                                                

Impaired loans by type:

                                               

Commercial loans

  $     $     $ 4,733     $ 4,733     $     $ 25  

Commercial mortgage loans

                26,186       26,186              

Residential mortgage and equity lines

                6,850       6,850              

Total impaired loans

                37,769       37,769             25  

Other real estate owned (1)

          9,023       4,343       13,366       (619 )     457  

Investments in venture capital

                2,162       2,162       330       392  

Total assets

  $     $ 9,023     $ 44,274     $ 53,297     $ (289 )   $ 874