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Outstanding Commitments to Extend Credit and Letters of Credit (Details) - Reserve for Off-balance Sheet Activities - USD ($) $ in Thousands | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | ---
Valuation allowances and reserves | $ 395,260 | $ 414,258
Commercial and other |  |
Valuation allowances and reserves | 3,673,815 | 3,518,960
Home equity |  |
Valuation allowances and reserves | 1,368,465 | 1,300,062
Commerical mortgage and construction |  |
Valuation allowances and reserves | 1,033,287 | 965,116
Total commitments to extend credit |  |
Valuation allowances and reserves | 6,075,567 | 5,784,138
Standby letters of credit |  |
Valuation allowances and reserves | 356,359 | 374,729
Commercial letters of credit |  |
Valuation allowances and reserves | $ 38,901 | $ 39,529

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- Definition Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690 + Details
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