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Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis 1 [Table Text Block]

	December 31, 2018
	Fair Value Measurements
	Level 1			Level 2			Level 3			Total
	(In thousands)
Recurring fair value measurements:
Investment securities available-for-sale	$	-		$	841,857		$	-		$	841,857
Trading securities		-			360			-			360
Money market investments		4,930			-			-			4,930
Derivative assets		-			347			-			347
Servicing assets		-			-			10,716			10,716
Derivative liabilities		-			(333)			-			(333)
	$	4,930		$	842,231		$	10,716		$	857,877
Non-recurring fair value measurements:
Impaired commercial loans	$	-		$	-		$	81,976		$	81,976
Foreclosed real estate		-			-			33,768			33,768
Other repossessed assets		-			-			2,986			2,986
	$	-		$	-		$	118,730		$	118,730

	December 31, 2017
	Fair Value Measurements
	Level 1			Level 2			Level 3			Total
	(In thousands)
Recurring fair value measurements:
Investment securities available-for-sale	$	-		$	645,797		$	-		$	645,797
Trading securities		-			191			-			191
Money market investments		7,021			-			-			7,021
Derivative assets		-			771			-			771
Servicing assets		-			-			9,821			9,821
Derivative liabilities		-			(1,281)			-			(1,281)
	$	7,021		$	645,478		$	9,821		$	662,320
Non-recurring fair value measurements:
Impaired commercial loans	$	-		$	-		$	72,285		$	72,285
Foreclosed real estate		-			-			44,174			44,174
Other repossessed assets		-			-			3,548			3,548
	$	-		$	-		$	120,007		$	120,007

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Level 3 Instruments Only	Servicing Assets
	(In thousands)
	Year Ended December 31,
	2018			2017
Balance at beginning of period	$	9,821		$	9,858
New instruments acquired		1,481			1,658
Principal repayments		(814)			(590)
Changes in fair value of servicing assets		228			(1,105)
Balance at end of period	$	10,716		$	9,821
	Year Ended December 31, 2016
Level 3 Instruments Only	Derivative asset (S&P Purchased Options)			Servicing Assets			Derivative liability (S&P Embeded Options)			Total
	(In thousands)
Balance at beginning of period	$	1,171		$	7,455		$	(1,095)		$	7,531
Gains (losses) included in earnings		(1,171)			-			1,067			(104)
New instruments acquired		-			2,616			-			2,616
Principal repayments		-			(489)			-			(489)
Amortization		-			-			28			28
Changes in fair value of servicing assets		-			276			-			276
Balance at end of period	$	-		$	9,858		$	-		$	9,858

Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table Text Block]

		December 31, 2018
		Fair Value			Valuation Technique		Unobservable Input		Range
		(In thousands)
Servicing assets		$	10,716		Cash flow valuation		Constant prepayment rate		4.30% -9.02%
							Discount rate		10.00% - 12.00%
Collateral dependent impaired loans		$	36,618		Fair value of property or collateral		Appraised value less disposition costs		17.20% - 36.20%
Other non-collateral dependent impaired loans		$	45,358		Cash flow valuation		Discount rate		4.25% - 12.25%
Foreclosed real estate		$	33,768		Fair value of property or collateral		Appraised value less disposition costs		17.20% - 36.20%
Other repossessed assets		$	2,986		Fair value of property or collateral		Estimated net realizable value less disposition costs		38.00% - 62.00%

Fair Value By Balance Sheet Grouping [Text Block]

	December 31,
	2018						2017
	Fair			Carrying			Fair			Carrying
	Value			Value			Value			Value
	(In thousands)
Level 1
Financial Assets:
Cash and cash equivalents	$	447,033		$	447,033		$	485,203		$	485,203
Restricted cash	$	3,030		$	3,030		$	3,030		$	3,030
Level 2
Financial Assets:
Trading securities	$	360		$	360		$	191		$	191
Investment securities available-for-sale	$	841,857		$	841,857		$	645,797		$	645,797
Investment securities held-to-maturity	$	410,353		$	424,740		$	497,681		$	506,064
Federal Home Loan Bank (FHLB) stock	$	12,644		$	12,644		$	13,995		$	13,995
Other investments	$	3		$	3		$	3		$	3
Derivative assets	$	347		$	347		$	771		$	771
Financial Liabilities:
Derivative liabilities	$	333		$	333		$	1,281		$	1,281
Level 3
Financial Assets:
Total loans (including loans held-for-sale)	$	4,106,628		$	4,431,594		$	3,842,907		$	4,056,329
Accrued interest receivable	$	34,254		$	34,254		$	49,969		$	49,969
Servicing assets	$	10,716		$	10,716		$	9,821		$	9,821
Accounts receivable and other assets	$	37,842		$	37,842		$	41,898		$	41,898
Financial Liabilities:
Deposits	$	4,881,903		$	4,908,115		$	4,782,197		$	4,799,482
Securities sold under agreements to repurchase	$	453,135		$	455,508		$	191,104		$	192,869
Advances from FHLB	$	78,503		$	77,620		$	99,509		$	99,643
Other borrowings	$	1,214		$	1,214		$	153		$	153
Subordinated capital notes	$	36,184		$	36,083		$	33,080		$	36,083
Accrued expenses and other liabilities	$	87,665		$	87,665		$	86,791		$	86,791

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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.

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Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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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.

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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