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Note 13 - Fair Value Measurements and Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2023
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

June 30, 2023

     
  

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

 $272,038  $  $  $272,038 

U.S. government agency entities

     55,543      55,543 

U.S. government sponsored entities

     33,614      33,614 

Mortgage-backed securities

     822,244      822,244 

Collateralized mortgage obligations

     29,503      29,503 

Corporate debt securities

     251,928      251,928 

Foreign debt securities

     22,451      22,451 

Total securities available-for-sale

  272,038   1,215,283      1,487,321 
                 

Equity securities

                

Mutual funds

  5,509         5,509 

Preferred stock of government sponsored entities

  1,391         1,391 

Other equity securities

  30,774         30,774 

Total equity securities

  37,674         37,674 
                 

Interest rate swaps

     81,759      81,759 

Foreign exchange contracts

     648      648 

Total assets

 $309,712  $1,297,690  $  $1,607,402 
                 

Liabilities

                

Interest rate swaps

 $  $50,017  $  $50,017 

Foreign exchange contracts

     632      632 
Total liabilities $  $50,649  $  $50,649 
  

December 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

 $240,500  $  $  $240,500 

U.S. government agency entities

     63,610      63,610 

U.S. government sponsored entities

     30,000      30,000 

Mortgage-backed securities

     867,094      867,094 

Collateralized mortgage obligations

     31,061      31,061 

Corporate debt securities

     241,083      241,083 

Total securities available-for-sale

  240,500   1,232,848      1,473,348 
                 

Equity securities

                

Mutual funds

  5,509         5,509 

Preferred stock of government sponsored entities

  1,289         1,289 

Other equity securities

  15,360         15,360 

Total equity securities

  22,158         22,158 
                 

Warrants

        50   50 

Interest rate swaps

     44,443      44,443 

Foreign exchange contracts

     448      448 

Total assets

 $262,658  $1,277,739  $50  $1,540,447 
                 

Liabilities

                

Interest rate swaps

 $  $51,864  $  $51,864 

Foreign exchange contracts

     942      942 
Total liabilities $  $52,806  $  $52,806 
Fair Value Measurements, Nonrecurring [Table Text Block]
  

As of June 30, 2023

  

Total Losses

 
  

Fair Value Measurements Using

  

Total Fair Value

  

For the Three Months Ended

  

For the Six Months Ended

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

  

June 30, 2023

  

June 30, 2022

  

June 30, 2023

  

June 30, 2022

 
  

(In thousands)

 

Assets

                                

Non accrual loans by type:

                                

Commercial loans

 $  $  $7,921  $7,921  $34  $  $2,037  $ 

Commercial mortgage loans

        7,762   7,762   1,202      5,192    

Total non accrual loans

        15,683   15,683   1,236      7,229    

Other real estate owned (1)

        4,328   4,328             

Investments in venture capital

        480   480             

Total assets

 $  $  $20,491  $20,491  $1,236  $  $7,229  $ 
  

As of December 31, 2022

  

Total Losses

 
  

Fair Value Measurements Using

  

Total Fair Value

  

For the Twelve Months Ended

 
  

Level 1

  

Level 2

  

Level 3

  

Measurements

  

December 31, 2022

  

December 31, 2021

 
  

(In thousands)

 

Assets

                        

Non accrual loans by type:

                        

Commercial loans

 $  $  $12,950  $12,950  $1,786  $1,012 

Commercial mortgage loans

        32,205   32,205   2,091    

Residential mortgage loans and equity lines

        8,978   8,978       

Installment and other loans

        8   8       

Total non accrual loans

        54,141   54,141   3,877   1,012 

Other real estate owned (1)

        4,328   4,328      17 

Investments in venture capital

        689   689   268   143 

Total assets

 $  $  $59,158  $59,158  $4,145  $1,172 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

June 30, 2023

  

December 31, 2022

 
  

Carrying

      

Carrying

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks

 $187,886  $187,886  $195,440  $195,440 

Short-term investments

  1,294,379   1,294,379   966,962   966,962 

Securities available-for-sale

  1,487,321   1,487,321   1,473,348   1,473,348 

Loans, net

  18,788,188   18,647,234   18,100,898   17,944,588 

Equity securities

  37,674   37,674   22,158   22,158 

Investment in Federal Home Loan Bank stock

  25,242   25,242   17,250   17,250 

Warrants

        50   50 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Foreign exchange contracts

 $249,696  $648  $72,996  $448 

Interest rate swaps

  1,402,060   81,759   817,615   44,443 
  

Carrying

      

Carrying

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Financial Liabilities

                

Deposits

 $19,097,003  $19,216,932  $18,505,279  $18,572,387 

Advances from Federal Home Loan Bank

  815,000   811,425   485,000   482,737 

Other borrowings

  22,428   18,177   22,600   18,385 

Long-term debt

  119,136   66,685   119,136   68,231 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Foreign exchange contracts

 $49,196  $632  $170,213  $942 

Interest rate swaps

  640,397   50,017   595,426   51,864 
  

Notional

      

Notional

     
  

Amount

  

Fair Value

  

Amount

  

Fair Value

 

Off-Balance Sheet Financial Instruments

                

Commitments to extend credit

 $3,896,018  $(15,490) $3,630,304  $(14,797)

Standby letters of credit

  333,550   (2,727)  315,821   (2,738)

Other letters of credit

  10,515   (9)  29,416   (33)
Schedule Of Fair Value Of Financial Instruments [Table Text Block]
  

As of June 30, 2023

 
  

Estimated

             
  

Fair Value

             
  

Measurements

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks

 $187,886  $187,886  $  $ 

Short-term investments

  1,294,379   1,294,379       

Securities available-for-sale

  1,487,321   272,038   1,215,283    

Loans, net

  18,647,234         18,647,234 

Equity securities

  37,674   37,674       

Investment in Federal Home Loan Bank stock

  25,242      25,242    

Financial Liabilities

                

Deposits

  19,216,932         19,216,932 

Advances from Federal Home Loan Bank

  811,425      811,425    

Other borrowings

  18,177         18,177 

Long-term debt

  66,685      66,685    
  

As of December 31, 2022

 
  

Estimated

             
  

Fair Value

             
  

Measurements

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial Assets

                

Cash and due from banks

 $195,440  $195,440  $  $ 

Short-term investments

  966,962   966,962       

Securities available-for-sale

  1,473,348   240,500   1,232,848    

Loans, net

  17,944,588         17,944,588 

Equity securities

  22,158   22,158       

Investment in Federal Home Loan Bank stock

  17,250      17,250    

Warrants

  50         50 

Financial Liabilities

                

Deposits

  18,572,387         18,572,387 

Advances from Federal Home Loan Bank

  482,737      482,737    

Other borrowings

  18,385         18,385 

Long-term debt

  68,231      68,231