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Note 13 - Fair Value Measurements and Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

March 31, 2022

     
  

Fair Value Measurements Using

  

Total Fair Value

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

 
  

(In thousands)

 

Assets

                

Securities available-for-sale

                

U.S. Treasury securities

 $119,748  $  $  $119,748 

U.S. government agency entities

     83,216      83,216 

Mortgage-backed securities

     873,505      873,505 

Collateralized mortgage obligations

     8,388      8,388 

Corporate debt securities

     134,684      134,684 

Total securities available-for-sale

  119,748   1,099,793      1,219,541 
                 

Equity securities

                

Mutual funds

  1,857         1,857 

Preferred stock of government sponsored entities

  5,940         5,940 

Other equity securities

  19,943         19,943 

Total equity securities

  27,740         27,740 
                 

Warrants

        24   24 

Interest rate swaps

     38,377      38,377 

Foreign exchange contracts

     1,376      1,376 

Total assets

 $147,488  $1,139,546  $24  $1,287,058 
                 

Liabilities

                

Interest rate swaps

 $  $22,983  $  $22,983 

Foreign exchange contracts

     142      142 

Total liabilities

 $  $23,125  $  $23,125 
  

December 31, 2021

     
  

Fair Value Measurements Using

  

Total Fair Value

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

 
  

(In thousands)

 

Assets

                

Securities available-for-sale

                

U.S. government agency entities

 $  $87,509  $  $87,509 

Mortgage-backed securities

     888,665      888,665 

Collateralized mortgage obligations

     9,117      9,117 

Corporate debt securities

     142,018      142,018 

Total securities available-for-sale

     1,127,309      1,127,309 
                 

Equity securities

                

Mutual funds

  6,230         6,230 

Preferred stock of government sponsored entities

  1,811         1,811 

Other equity securities

  14,278         14,278 

Total equity securities

  22,319         22,319 
                 

Warrants

        23   23 

Interest rate swaps

     10,090      10,090 

Foreign exchange contracts

     1,113      1,113 

Total assets

 $22,319  $1,138,512  $23  $1,160,854 
                 

Liabilities

                

Interest rate swaps

 $  $12,642  $  $12,642 

Foreign exchange contracts

     327      327 

Total liabilities

 $  $12,969  $  $12,969 
Fair Value Measurements, Nonrecurring [Table Text Block]
  

As of March 31, 2022

  

Total Losses

 
  

Fair Value Measurements Using

  

Total Fair Value

  

For the Three Months Ended

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

  

March 31, 2022

  

March 31, 2021

 
  

(In thousands)

 

Assets

                        

Non accrual loans by type:

                        

Commercial loans

 $  $  $19,688  $19,688  $  $ 

Commercial mortgage loans

        13,665   13,665       

Residential mortgage loans and equity lines

        6,179   6,179       

Total non accrual loans

        39,532   39,532       

Other real estate owned (1)

        4,269   4,269       

Investments in venture capital

        947   947      71 

Total assets

 $  $  $44,748  $44,748  $-  $71 
  

As of December 31, 2021

  

Total Losses

 
  

Fair Value Measurements Using

  

Total Fair Value

  

For the Twelve Months Ended

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

  

December 31, 2021

  

December 31, 2020

 
  

(In thousands)

         

Assets

                        
Non accrual loans by type:                        

Commercial loans

 $  $  $4,327  $4,327  $1,012  $7,012 

Commercial mortgage loans

        13,335   13,335       

Residential mortgage loans and equity lines

        5,243   5,243       

Total non accrual loans

        22,905   22,905   1,012   7,012 

Other real estate owned (1)

        4,589   4,589   17   717 

Investments in venture capital

        952   952   143   107 

Total assets

 $  $  $28,446  $28,446  $1,172  $7,836 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

March 31, 2022

  

December 31, 2021

 
  

Carrying

      

Carrying

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks 

 $138,979  $138,979  $134,141  $134,141 

Short-term investments

  1,119,105   1,119,105   2,315,563   2,315,563 

Securities available-for-sale 

  1,219,541   1,219,541   1,127,309   1,127,309 

Loans, net

  17,398,357   17,184,664   16,202,001   16,499,869 

Equity securities

  27,740   27,740   22,319   22,319 

Investment in Federal Home Loan Bank stock

  17,250   17,250   17,250   17,250 

Warrants

  24   24   23   23 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Foreign exchange contracts

 $208,263  $1,376  $181,997  $1,113 

Interest rate swaps

  989,849   38,377   904,635   10,090 
  

Carrying

      

Carrying

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Financial Liabilities

                

Deposits 

 $18,060,261  $18,039,184  $18,058,842  $18,051,720 

Advances from Federal Home Loan Bank

  20,000   20,444   20,000   21,279 

Other borrowings

  23,108   18,803   23,145   18,945 

Long-term debt

  119,136   55,126   119,136   62,274 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Option contracts

 $  $  $676  $2,911 

Foreign exchange contracts

  27,587   142   51,782   327 

Interest rate swaps

  852,894   22,983   872,400   12,642 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Off-Balance Sheet Financial Instruments

                

Commitments to extend credit

 $3,261,172  $(13,200) $3,297,362  $(12,594)

Standby letters of credit

  284,608   (2,648)  266,490   (2,640)

Other letters of credit 

  21,981   (20)  16,652   (13)
Schedule Of Fair Value Of Financial Instruments [Table Text Block]
  

As of March 31, 2022

 
  

Estimated

             
  

Fair Value

             
  

Measurements

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks 

 $138,979  $138,979  $  $ 

Short-term investments

  1,119,105   1,119,105       

Securities available-for-sale 

  1,219,541   119,748   1,099,793    

Loans, net

  17,184,664         17,184,664 

Equity securities 

  27,740   27,740       

Investment in Federal Home Loan Bank stock

  17,250      17,250    

Warrants

  24         24 

Financial Liabilities

                

Deposits

  18,039,184         18,039,184 

Advances from Federal Home Loan Bank

  20,444      20,444    

Other borrowings

  18,803         18,803 

Long-term debt

  55,126      55,126    
  

As of December 31, 2021

 
  

Estimated

             
  

Fair Value

             
  

Measurements

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks

 $134,141  $134,141  $  $ 

Short-term investments

  2,315,563   2,315,563       

Securities available-for-sale

  1,127,309      1,127,309    

Loans, net 

  16,499,869         16,499,869 

Equity securities 

  22,319   22,319       

Investment in Federal Home Loan Bank stock

  17,250      17,250    

Warrants

  23         23 

Financial Liabilities

                

Deposits 

  18,051,720         18,051,720 

Advances from Federal Home Loan Bank

  21,279      21,279    

Other borrowings

  18,945         18,945 

Long-term debt

  62,274      62,274