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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract] |
Summary of Outstanding Commitments to Extend Credit and Letters of Credit | The following table presents the Corporation’s commitments to extend credit and letters of credit:
| 2020 |  | 2019
| (in thousands)
Commercial and industrial | $ | 5,245,041 |  |  | $ | 3,997,401 |
Real estate - commercial mortgage and real estate - construction | 1,787,963 |  |  | 1,168,624 |
Real estate - home equity | 1,618,051 |  |  | 1,523,494 |
Total commitments to extend credit | $ | 8,651,055 |  |  | $ | 6,689,519 |
Standby letters of credit | $ | 298,750 |  |  | $ | 303,020 |
Commercial letters of credit | 56,229 |  |  | 50,432 |
Total letters of credit | $ | 354,979 |  |  | $ | 353,452 |

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