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Disclosures About Fair Value of Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2018
Fair Value Disclosures [Abstract] |
Estimated Fair Values of Financial Instruments | The estimated fair values of Customers' financial instruments at June 30, 2018 and December 31, 2017 were as follows.
|  |  |  |  | Fair Value Measurements at June 30, 2018
| Carrying Amount |  | Estimated Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
(amounts in thousands) |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 251,726 |  |  | $ | 251,726 |  |  | $ | 251,726 |  |  | $ | — |  |  | $ | — |
Debt securities, available for sale | 1,157,944 |  |  | 1,157,944 |  |  | — |  |  | 1,157,944 |  |  | — |
Equity securities | 3,056 |  |  | 3,056 |  |  | 3,056 |  |  | — |  |  | — |
Loans held for sale | 1,931,781 |  |  | 1,931,781 |  |  | — |  |  | 1,931,781 |  |  | — |
Loans receivable, net of allowance for loan losses | 7,143,438 |  |  | 7,127,315 |  |  | — |  |  | — |  |  | 7,127,315 |
FHLB, Federal Reserve Bank and other restricted stock | 136,066 |  |  | 136,066 |  |  | — |  |  | 136,066 |  |  | — |
Derivatives | 16,247 |  |  | 16,247 |  |  | — |  |  | 16,114 |  |  | 133 |
Liabilities: |  |  |  |  |  |  |  |  |
Deposits | $ | 7,295,954 |  |  | $ | 7,288,828 |  |  | $ | 5,223,793 |  |  | $ | 2,065,035 |  |  | $ | — |
Federal funds purchased | 105,000 |  |  | 105,000 |  |  | 105,000 |  |  | — |  |  | — |
FHLB advances | 2,389,797 |  |  | 2,389,785 |  |  | 1,504,797 |  |  | 884,988 |  |  | — |
Other borrowings | 186,888 |  |  | 185,364 |  |  | 63,554 |  |  | 121,810 |  |  | — |
Subordinated debt | 108,929 |  |  | 114,675 |  |  | — |  |  | 114,675 |  |  | — |
Derivatives | 13,698 |  |  | 13,698 |  |  | — |  |  | 13,698 |  |  | — |
|  |  |  |  | Fair Value Measurements at December 31, 2017
| Carrying Amount |  | Estimated Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
(amounts in thousands) |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 146,323 |  |  | $ | 146,323 |  |  | $ | 146,323 |  |  | $ | — |  |  | $ | — |
Investment securities, available for sale | 471,371 |  |  | 471,371 |  |  | 3,352 |  |  | 468,019 |  |  | — |
Loans held for sale | 1,939,485 |  |  | 1,939,659 |  |  | — |  |  | 1,795,294 |  |  | 144,365 |
Loans receivable, net of allowance for loan losses | 6,730,243 |  |  | 6,676,763 |  |  | — |  |  | — |  |  | 6,676,763 |
FHLB, Federal Reserve Bank and other restricted stock | 105,918 |  |  | 105,918 |  |  | — |  |  | 105,918 |  |  | — |
Derivatives | 9,752 |  |  | 9,752 |  |  | — |  |  | 9,692 |  |  | 60 |
Liabilities: |  |  |  |  |  |  |  |  |
Deposits | $ | 6,800,142 |  |  | $ | 6,796,095 |  |  | $ | 4,894,449 |  |  | $ | 1,901,646 |  |  | $ | — |
Federal funds purchased | 155,000 |  |  | 155,000 |  |  | 155,000 |  |  | — |  |  | — |
FHLB advances | 1,611,860 |  |  | 1,611,603 |  |  | 881,860 |  |  | 729,743 |  |  | — |
Other borrowings | 186,497 |  |  | 193,557 |  |  | 65,072 |  |  | 128,485 |  |  | — |
Subordinated debt | 108,880 |  |  | 115,775 |  |  | — |  |  | 115,775 |  |  | — |
Derivatives | 10,074 |  |  | 10,074 |  |  | — |  |  | 10,074 |  |  | — |
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis | For financial assets and liabilities measured at fair value on a recurring and nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2018 and December 31, 2017 were as follows:
| June 30, 2018
| Fair Value Measurements at the End of the Reporting Period Using
| Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
(amounts in thousands) |  |  |  |  |  |  |
Measured at Fair Value on a Recurring Basis: |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Available-for-sale debt securities: |  |  |  |  |  |  |
Agency-guaranteed residential mortgage-backed securities | $ | — |  |  | $ | 476,563 |  |  | $ | — |  |  | $ | 476,563 |
Agency-guaranteed commercial mortgage-backed securities | — |  |  | 320,373 |  |  | — |  |  | 320,373 |
Corporate notes | — |  |  | 361,008 |  |  | — |  |  | 361,008 |
Equity securities | 3,056 |  |  | — |  |  | — |  |  | 3,056 |
Derivatives | — |  |  | 16,114 |  |  | 133 |  |  | 16,247 |
Loans held for sale – fair value option | — |  |  | 1,931,781 |  |  | — |  |  | 1,931,781 |
Total assets - recurring fair value measurements | $ | 3,056 |  |  | $ | 3,105,839 |  |  | $ | 133 |  |  | $ | 3,109,028 |
Liabilities |  |  |  |  |  |  |
Derivatives | $ | — |  |  | $ | 13,698 |  |  | $ | — |  |  | $ | 13,698 |
Measured at Fair Value on a Nonrecurring Basis: |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Impaired loans, net of reserves of $1,381 | $ | — |  |  | $ | — |  |  | $ | 11,929 |  |  | $ | 11,929 |
Other real estate owned | — |  |  | — |  |  | 1,027 |  |  | 1,027 |
Total assets - nonrecurring fair value measurements | $ | — |  |  | $ | — |  |  | $ | 12,956 |  |  | $ | 12,956 |
| December 31, 2017
| Fair Value Measurements at the End of the Reporting Period Using
| Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
(amounts in thousands) |  |  |  |  |  |  |
Measured at Fair Value on a Recurring Basis: |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Available-for-sale securities: |  |  |  |  |  |  |
Agency-guaranteed residential mortgage-backed securities | $ | — |  |  | $ | 183,458 |  |  | $ | — |  |  | $ | 183,458 |
Agency-guaranteed commercial real estate mortgage-backed securities | — |  |  | 238,472 |  |  | — |  |  | 238,472 |
Corporate notes | — |  |  | 46,089 |  |  | — |  |  | 46,089 |
Equity securities | 3,352 |  |  | — |  |  | — |  |  | 3,352 |
Derivatives | — |  |  | 9,692 |  |  | 60 |  |  | 9,752 |
Loans held for sale – fair value option | — |  |  | 1,795,294 |  |  | — |  |  | 1,795,294 |
Total assets - recurring fair value measurements | $ | 3,352 |  |  | $ | 2,273,005 |  |  | $ | 60 |  |  | $ | 2,276,417 |
Liabilities |  |  |  |  |  |  |
Derivatives | $ | — |  |  | $ | 10,074 |  |  | $ | — |  |  | $ | 10,074 |
Measured at Fair Value on a Nonrecurring Basis: |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Impaired loans, net of reserves of $1,451 | $ | — |  |  | $ | — |  |  | $ | 13,902 |  |  | $ | 13,902 |
Other real estate owned | — |  |  | — |  |  | 1,449 |  |  | 1,449 |
Total assets - nonrecurring fair value measurements | $ | — |  |  | $ | — |  |  | $ | 15,351 |  |  | $ | 15,351 |
Statement of Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis | The changes in Level 3 assets measured at fair value on a recurring basis for the three and six months ended June 30, 2018 and 2017 are summarized in the tables below. Additional information about residential mortgage loan commitments can be found in NOTE 11 - DERIVATIVES INSTRUMENTS AND HEDGING ACTIVITIES.
| Residential Mortgage Loan Commitments
| Three Months Ended June 30,
| 2018 |  | 2017
(amounts in thousands) |  |  |
Balance at March 31 | $ | 83 |  |  | $ | 95 |
Issuances | 133 |  |  | 102 |
Settlements | (83 | ) |  | (95 | )
Balance at June 30 | $ | 133 |  |  | $ | 102 |
| Residential Mortgage Loan Commitments
| Six Months Ended June 30,
| 2018 |  | 2017
(amounts in thousands) |  |  |
Balance at December 31 | $ | 60 |  |  | $ | 45 |
Issuances | 216 |  |  | 197 |
Settlements | (143 | ) |  | (140 | )
Balance at June 30 | $ | 133 |  |  | $ | 102 |
Summary of Financial Assets and Financial Liabilities Measured at Fair Value on Recurring and Nonrecurring Basis | The following table summarizes financial assets and financial liabilities measured at fair value as of June 30, 2018 and December 31, 2017 on a recurring and nonrecurring basis for which Customers utilized Level 3 inputs to measure fair value.
| Quantitative Information about Level 3 Fair Value Measurements
June 30, 2018 | Fair Value Estimate |  | Valuation Technique |  | Unobservable Input |  | Range (Weighted Average) (3)
(amounts in thousands) |  |  |  |  |  |  |
Impaired loans | $ | 11,929 |  |  | Collateral appraisal (1) |  | Liquidation expenses (2) |  | (8)%
Other real estate owned | 1,027 |  |  | Collateral appraisal (1) |  | Liquidation expenses (2) |  | (8)%
Residential mortgage loan commitments | 133 |  |  | Adjusted market bid |  | Pull-through rate |  | 90%
| Quantitative Information about Level 3 Fair Value Measurements
December 31, 2017 | Fair Value Estimate |  | Valuation Technique |  | Unobservable Input |  | Range (Weighted Average) (3)
(amounts in thousands) |  |  |  |  |  |  |
Impaired loans | $ | 13,902 |  |  | Collateral appraisal (1) |  | Liquidation expenses (2) |  | (8)%
Other real estate owned | 1,449 |  |  | Collateral appraisal (1) |  | Liquidation expenses (2) |  | (8)%
Residential mortgage loan commitments | 60 |  |  | Adjusted market bid |  | Pull-through rate |  | 90%
(1) | Obtained from approved independent appraisers. Appraisals are current and in compliance with credit policy. The Bank does not generally discount appraisals.
(2) | Fair value is adjusted for estimated costs to sell based on a percentage of the value as determined by the appraisal.
(3) | Presented as a percentage of the value determined by appraisal for impaired loans and other real estate owned.

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=99377789&loc=SL7498348-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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