XML 62 R80.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Derivative Instruments and hedging activities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] |
|  | Notional amount |  | Derivative assets | Derivative liabilities
|  |  |  | Statement of |  | Fair value at | Statement of |  | Fair value at
|  | At December 31, |  | condition |  | December 31, | condition |  | December 31,
(In thousands) |  | 2019 |  | 2018 |  | classification |  | 2019 |  | 2018 | classification |  | 2019 |  | 2018
Derivatives designated as |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward contracts | $ | 97,600 | $ | 89,590 |  | Other assets | $ | 32 | $ | 12 | Other liabilities | $ | 264 | $ | 734
Total derivatives designated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
as hedging instruments | $ | 97,600 | $ | 89,590 |  |  | $ | 32 | $ | 12 |  | $ | 264 | $ | 734
Derivatives not designated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate caps |  | 169,962 |  | 177,826 |  | Other assets |  | 1 |  | 125 | Other liabilities |  | 1 |  | 119
Indexed options on deposits |  | 69,354 |  | 69,254 |  | Other assets |  | 17,933 |  | 13,466 | - |  | - |  | -
Bifurcated embedded options |  | 66,755 |  | 62,902 |  | - |  | - |  | - | Interest bearing deposits |  | 16,354 |  | 11,467
Total derivatives not |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
designated as |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
hedging instruments | $ | 306,071 | $ | 309,982 |  |  | $ | 17,934 | $ | 13,591 |  | $ | 16,355 | $ | 11,586
Total derivative assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
and liabilities | $ | 403,671 | $ | 399,572 |  |  | $ | 17,966 | $ | 13,603 |  | $ | 16,619 | $ | 12,320
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block] |
Year ended December 31, 2019
(In thousands) | Amount of net gain (loss) recognized in OCI on derivatives (effective portion) |  | Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion and ineffective portion) |  | Amount of net gain (loss) reclassified from AOCI into income (effective portion) |  | Amount of net gain (loss) recognized in income on derivatives (ineffective portion)
Forward contracts | $ | (3,502) |  | Mortgage banking activities | $ | (3,992) | $ | -
Total | $ | (3,502) |  |  | $ | (3,992) | $ | -
Year ended December 31, 2018
(In thousands) | Amount of net gain (loss) recognized in OCI on derivatives (effective portion) |  | Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion and ineffective portion) |  | Amount of net gain (loss) reclassified from AOCI into income (effective portion) |  | Amount of net gain (loss) recognized in income on derivatives (ineffective portion)
Forward contracts | $ | 536 |  | Mortgage banking activities | $ | 1,202 | $ | (92)
Total | $ | 536 |  |  | $ | 1,202 | $ | (92)
Year ended December 31, 2017
(In thousands) | Amount of net gain (loss) recognized in OCI on derivatives (effective portion) |  | Classification in the statement of operations of the net gain (loss) reclassified from AOCI into income (effective portion and ineffective portion) |  | Amount of net gain (loss) reclassified from AOCI into income (effective portion) |  | Amount of net gain (loss) recognized in income on derivatives (ineffective portion)
Forward contracts | $ | (1,295) |  | Mortgage banking activities | $ | (1,920) | $ | 32
Total | $ | (1,295) |  |  | $ | (1,920) | $ | 32
Schedule of Derivative Instruments Included in Trading Activities [Table Text Block] |
| Amount of Net Gain (Loss) Recognized in Income on Derivatives
|  | Year ended | Year ended | Year ended
| Classification of Net Gain (Loss) | December 31, | December 31, | December 31,
(In thousands) | Recognized in Income on Derivatives | 2019 | 2018 | 2017
Forward contracts | Mortgage banking activities | $ | (2,254) | $ | 1,213 | $ | (1,484)
Interest rate swaps | Other operating income |  | - |  | - |  | 51
Foreign currency forward contracts | Other operating income |  | - |  | - |  | 67
Foreign currency forward contracts | Interest expense |  | - |  | - |  | (14)
Interest rate caps | Other operating income |  | (5) |  | (4) |  | (48)
Indexed options on deposits | Interest expense |  | 7,898 |  | 114 |  | 5,934
Bifurcated embedded options | Interest expense |  | (6,883) |  | (50) |  | (5,429)
Total |  | $ | (1,244) | $ | 1,273 | $ | (923)

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gains and losses on derivative instruments included in an entity's trading activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4F -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624186-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 55 -Paragraph 184 -URI http://asc.fasb.org/extlink&oid=116861445&loc=SL5634876-113961 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration