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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Financial Instruments With Off-Balance-Sheet Risks
Outstanding commitments for which no asset or liability for the notional amount has been recorded consisted of the following at the dates indicated (in thousands):
 
Contract or Notional Amount
 
March 31, 2020
 
December 31, 2019
Commitments to extend credit
$
2,975,390

 
$
3,051,681

Standby letters of credit and financial guarantees
15,619

 
14,298

Commitments to originate loans
75,180

 
39,676

Risk participation agreement
41,004

 
41,022

 
 
 
 
Derivatives also included in Note 14:
 
 
 
Commitments to originate loans held for sale
191,119

 
66,196

Commitments to sell loans secured by one- to four-family residential properties
81,429

 
70,895

Commitments to sell securities related to mortgage banking activities
229,000

 
239,320