BOK FINANCIAL CORP ET AL, 10-Q filed on 7/28/2017
Quarterly Report
v3.7.0.1
Document And Entity Information
6 Months Ended
Jun. 30, 2017
USD ($)
shares
Document and Entity Information [Abstract]  
Entity Registrant Name BOK FINANCIAL CORP ET AL
Entity Central Index Key 0000875357
Current Fiscal Year End Date --12-31
Entity Well-known Seasoned Issuer Yes
Entity Voluntary Filers No
Entity Current Reporting Status Yes
Entity Filer Category Large Accelerated Filer
Entity Public Float | $ $ 2,096,658,923
Entity Common Stock, Shares Outstanding | shares 65,416,403
Document Fiscal Year Focus 2017
Document Fiscal Period Focus Q2
Document Type 10-Q
Amendment Flag false
Document Period End Date Jun. 30, 2017
v3.7.0.1
Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest revenue [Abstract]        
Loans $ 168,952 $ 141,560 $ 329,847 $ 280,672
Residential mortgage loans held for sale 2,386 3,508 4,222 6,208
Trading securities 3,339 616 8,522 1,140
Investment securities 4,005 4,217 8,176 8,604
Available for sale securities 43,363 43,872 86,735 89,339
Fair value option securities 3,539 2,062 5,919 4,651
Restricted equity securities 4,399 3,863 8,708 8,174
Interest-bearing cash and cash equivalents 5,198 2,569 9,442 5,275
Total interest revenue 235,181 202,267 461,571 404,063
Interest expense [Abstract]        
Deposits 12,622 9,997 23,976 20,539
Borrowed funds 15,352 8,780 27,181 16,752
Subordinated debentures 2,003 878 4,028 1,588
Total interest expense 29,977 19,655 55,185 38,879
Net interest revenue 205,204 182,612 406,386 365,184
Provision for credit losses 0 20,000 0 55,000
Net interest revenue after provision for credit losses 205,204 162,612 406,386 310,184
Other operating revenue [Abstract]        
Brokerage and trading revenue 31,764 39,530 65,387 71,871
Transaction card revenue 35,296 34,950 67,423 67,304
Fiduciary and asset management revenue 41,808 34,813 80,439 66,869
Deposit service charges and fees 23,354 22,618 46,384 45,160
Mortgage banking revenue 30,276 34,884 55,467 66,984
Other revenue 14,984 13,352 26,736 25,256
Total fees and commissions 177,482 180,147 341,836 343,444
Other gains, net 6,108 1,307 9,735 2,867
Gain (loss) on derivatives, net 3,241 10,766 2,791 17,904
Gain (loss) on fair value option securities, net 1,984 4,279 844 13,722
Change in fair value of mortgage servicing rights (6,943) (16,283) (5,087) (44,271)
Gain on available for sale securities, net 380 5,326 2,429 9,290
Total other operating revenue 182,252 185,542 352,548 342,956
Other operating expense [Abstract]        
Personnel 143,744 139,213 280,169 272,775
Business promotion 7,738 6,703 14,455 12,399
Professional fees and services 12,419 14,158 23,836 25,917
Net occupancy and equipment 21,125 19,677 42,749 38,443
Insurance 689 7,129 7,093 14,394
Data processing and communications 36,330 32,802 71,232 64,819
Printing, postage and supplies 4,140 3,889 7,991 7,796
Net losses (gains) and operating expenses of repossessed assets 2,267 1,588 3,276 2,658
Amortization of intangible assets 1,803 2,624 3,605 3,783
Mortgage banking costs 12,072 15,746 25,075 28,076
Other expense 8,558 7,856 16,115 22,895
Total other operating expense 250,885 251,385 495,596 493,955
Net income before taxes 136,571 96,769 263,338 159,185
Federal and state income taxes 47,705 30,497 85,808 51,925
Net income 88,866 66,272 177,530 107,260
Net income (loss) attributable to non-controlling interests 719 471 1,027 (1,105)
Net income attributable to BOK Financial Corporation shareholders $ 88,147 $ 65,801 $ 176,503 $ 108,365
Earnings per share: [Abstract]        
Basic $ 1.35 $ 1.00 $ 2.70 $ 1.64
Diluted $ 1.35 $ 1.00 $ 2.69 $ 1.64
Average shares used in computation: [Abstract]        
Basic 64,729,752 65,245,887 64,722,744 65,271,214
Diluted 64,793,134 65,302,926 64,788,322 65,317,177
Dividends declared per share $ 0.44 $ 0.43 $ 0.88 $ 0.86
v3.7.0.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Statement of Comprehensive Income [Abstract]        
Net income $ 88,866 $ 66,272 $ 177,530 $ 107,260
Other comprehensive income before income taxes:        
Net change in unrealized gain (loss) 21,958 45,475 33,369 166,566
Reclassification adjustments included in earnings:        
Interest revenue, Investment securities, Taxable securities 0 (43) 0 (112)
Gain on available for sale securities, net (380) (5,326) (2,429) (9,290)
Other comprehensive income before income taxes 21,578 40,106 30,940 157,164
Federal and state income taxes 8,393 15,583 12,009 [1] 61,119 [1]
Other comprehensive income, net of income taxes 13,185 24,523 18,931 96,045
Comprehensive income 102,051 90,795 196,461 203,305
Comprehensive income (loss) attributable to non-controlling interests 719 471 1,027 (1,105)
Comprehensive income attributable to BOK Financial Corp. shareholders $ 101,332 $ 90,324 $ 195,434 $ 204,410
[1] Calculated using a 39 percent effective tax rate.
v3.7.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Assets [Abstract]      
Cash and due from banks $ 561,587 $ 620,846 $ 498,713
Interest-bearing cash and cash equivalents 2,078,831 1,916,651 1,907,838
Trading securities 441,414 337,628 211,622
Investment securities 490,426 546,145 560,711
Available for sale securities 8,341,041 8,676,829 8,830,689
Fair value option securities 445,169 77,046 263,265
Restricted equity securities 311,033 307,240 319,639
Residential mortgage loans held for sale 287,259 301,897 430,728
Loans 17,183,645 16,989,660 16,406,749
Allowance for loan losses (250,061) (246,159) (243,259)
Loans, net of allowance 16,933,584 16,743,501 16,163,490
Premises and equipment, net 321,038 325,849 315,199
Receivables 295,042 772,952 173,638
Goodwill 446,697 448,899 382,739
Intangible assets, net 40,755 46,931 43,372
Mortgage servicing rights 245,239 247,073 190,747
Real estate and other repossessed assets, net of allowance 39,436 44,287 24,054
Derivative contracts, net 280,289 689,872 883,673
Cash surrender value of bank-owned life insurance 312,774 308,430 307,860
Receivable on unsettled securities sales 33,177 7,188 142,820
Other assets 358,741 353,017 319,653
Total assets 32,263,532 32,772,281 31,970,450
Deposits [Abstract]      
Noninterest-bearing demand deposits 9,568,895 9,235,720 8,424,609
Interest-bearing deposits: [Abstract]      
Transaction 10,087,139 10,865,105 9,668,869
Savings 464,318 425,470 419,262
Time 2,196,122 2,221,800 2,247,061
Total deposits 22,316,474 22,748,095 20,759,801
Funds purchased 67,990 57,929 56,780
Repurchase agreements 396,333 668,661 472,683
Other borrowings 5,232,343 4,846,072 5,830,736
Subordinated debentures 144,658 144,640 371,812
Accrued interest, taxes and expense 133,198 146,704 197,742
Derivative contracts, net 285,819 664,531 719,159
Due on unsettled securities purchases 32,636 6,508 11,757
Other liabilities 204,536 182,784 147,242
Total liabilities 28,813,987 29,465,924 28,567,712
Shareholders' equity: [Abstract]      
Common stock 4 4 4
Capital surplus 1,017,495 1,006,535 990,106
Retained earnings 2,942,447 2,823,334 2,755,766
Treasury stock (545,441) (544,052) (494,675)
Accumulated other comprehensive income (loss) 7,964 (10,967) 117,632
Total shareholders’ equity 3,422,469 3,274,854 3,368,833
Non-controlling interests 27,076 31,503 33,905
Total equity 3,449,545 3,306,357 3,402,738
Total liabilities and equity $ 32,263,532 $ 32,772,281 $ 31,970,450
v3.7.0.1
Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Investment securities [Abstract]      
Investment Securities, fair value $ 515,675 $ 565,493 $ 599,062
Allowance for real estate and other repossessed assets - Accounts 1953055, 1953056, 1953555 $ 8,576 $ 9,562 $ 9,448
Shareholders' equity: [Abstract]      
Common stock, par value (in dollars per share) $ 0.00006 $ 0.00006 $ 0.00006
Common stock, shares authorized (in shares) 2,500,000,000 2,500,000,000 2,500,000,000
Common stock, shares issued (in shares) 75,089,152 74,993,407 74,817,155
Common stock, shares outstanding (in shares) 75,089,152 74,993,407 74,817,155
Treasury stock, shares at cost (in shares) 9,672,749 9,655,975 8,950,838
v3.7.0.1
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total Shareholders' Equity [Member]
Non-Controlling Interests [Member]
Balance, beginning of period (in shares) at Dec. 31, 2015   74,530     8,636      
Balance, beginning of period at Dec. 31, 2015 $ 3,267,639 $ 4 $ 982,009 $ 2,704,121 $ (477,165) $ 21,587 $ 3,230,556 $ 37,083
Net income (loss) 107,260     108,365     108,365 (1,105)
Other comprehensive income 96,045         96,045 96,045  
Repurchase of common stock (in shares)         305      
Repurchase of common stock (17,770)       $ (17,770)   (17,770)  
Stock options exercised (in shares)   39            
Stock options exercised 2,016   2,016       2,016  
Non-vested shares awarded, net (in shares)   248            
Vesting of non-vested shares (in shares)         10      
Vesting of non-vested shares (260)       $ 260   (260)  
Tax effect from equity compensation, net 351   351       351  
Share-based compensation 5,730   5,730       5,730  
Cash dividends on common stock (56,720)     (56,720)     (56,720)  
Capital calls and distributions, net (2,073)             (2,073)
Balance, end of period (in shares) at Jun. 30, 2016   74,817     8,951      
Balance, end of period at Jun. 30, 2016 3,402,738 $ 4 990,106 2,755,766 $ (494,675) 117,632 3,368,833 33,905
Balance, beginning of period (in shares) at Dec. 31, 2016   74,993     9,656      
Balance, beginning of period at Dec. 31, 2016 3,306,357 $ 4 1,006,535 2,823,334 $ (544,052) (10,967) 3,274,854 31,503
Net income (loss) 177,530     176,503     176,503 1,027
Other comprehensive income 18,931         18,931 18,931  
Stock options exercised (in shares)   41            
Stock options exercised 1,977   1,977       1,977  
Non-vested shares awarded, net (in shares)   55            
Vesting of non-vested shares (in shares)         17      
Vesting of non-vested shares (1,389)       $ (1,389)   (1,389)  
Share-based compensation 8,983   8,983       8,983  
Cash dividends on common stock (57,390)     (57,390)     (57,390)  
Capital calls and distributions, net (5,454)             (5,454)
Balance, end of period (in shares) at Jun. 30, 2017   75,089     9,673      
Balance, end of period at Jun. 30, 2017 $ 3,449,545 $ 4 $ 1,017,495 $ 2,942,447 $ (545,441) $ 7,964 $ 3,422,469 $ 27,076
v3.7.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities: [Abstract]    
Net income $ 177,530 $ 107,260
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 0 55,000
Change in fair value of mortgage servicing rights due to market changes 5,087 44,271
Change in the fair value of mortgage servicing rights due to loan runoff 16,261 17,942
Net unrealized gains from derivative contracts (5,928) (15,459)
Share-based compensation 8,983 5,730
Depreciation and amortization 25,864 23,532
Net amortization of securities discounts and premiums 15,377 21,814
Net realized gains on financial instruments and other net gains (4,351) (9,787)
Net gain on mortgage loans held for sale (25,229) (37,151)
Mortgage loans originated for sale (1,613,997) (3,062,859)
Proceeds from sale of mortgage loans held for sale 1,651,018 2,981,973
Capitalized mortgage servicing rights (19,514) (34,355)
Change in trading and fair value option securities (472,682) 90,484
Change in receivables 479,774 (9,698)
Change in other assets (17,548) (4,740)
Change in accrued interest, taxes and expense (19,703) 20,299
Change in other liabilities 27,420 (8,854)
Net cash provided by operating activities 228,362 185,402
Cash Flows From Investing Activities: [Abstract]    
Proceeds from maturities or redemptions of investment securities 71,654 52,463
Proceeds from maturities or redemptions of available for sale securities 899,096 721,432
Purchases of investment securities (18,802) (18,599)
Purchases of available for sale securities (1,242,070) (1,155,261)
Proceeds from sales of available for sale securities 700,412 795,140
Change in amount receivable on unsettled securities transactions (25,989) (102,627)
Loans originated, net of principal collected (159,924) (481,085)
Net payments on derivative asset contracts 420,996 (204,041)
Acquisitions, net of cash acquired 0 (7,700)
Proceeds from disposition of assets 127,699 78,629
Purchases of assets (106,362) (107,241)
Net cash provided by investing activities 666,710 (428,890)
Cash Flows From Financing Activities: [Abstract]    
Net change in demand deposits, transaction deposits and savings accounts (405,943) (169,354)
Net change in time deposits (25,678) (159,003)
Net change in other borrowed funds 64,833 259,359
Issuance of subordinated debentures 0 145,390
Net proceeds on derivative liability contracts (422,016) 196,225
Net change in derivative margin accounts 27,327 (188,823)
Change in amount due on unsettled security transactions 26,128 (5,140)
Issuance of common and treasury stock, net 588 2,276
Repurchase of common stock 0 17,770
Dividends paid (57,390) (56,720)
Net cash provided by (used in) financing activities (792,151) 6,440
Net increase (decrease) in cash and cash equivalents 102,921 (237,048)
Cash and cash equivalents at beginning of period 2,537,497 2,643,599
Cash and cash equivalents at end of period 2,640,418 2,406,551
Supplemental Cash Flow Information: [Abstract]    
Cash paid for interest 54,881 40,213
Cash paid for taxes 60,654 14,671
Net loans and bank premises transferred to repossessed real estate and other assets 2,049 5,372
Residential mortgage loans guaranteed by U.S. government agencies that became eligible for repurchase during the period 59,171 49,325
Conveyance of other real estate owned guaranteed by U.S. government agencies $ 22,602 $ 29,512
v3.7.0.1
Significant Accounting Policies
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Significant Accounting Policies [Text Block]
Significant Accounting Policies

Basis of Presentation

The accompanying unaudited consolidated financial statements of BOK Financial Corporation (“BOK Financial” or “the Company”) have been prepared in accordance with accounting principles for interim financial information generally accepted in the United States and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.

The unaudited consolidated financial statements include accounts of BOK Financial and its subsidiaries, principally BOKF, NA (“the Bank”), BOK Financial Securities, Inc., The Milestone Group, Inc. and Cavanal Hill Investment Management Inc. Operating divisions of the Bank include Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Oklahoma, Bank of Texas, Colorado State Bank and Trust, Mobank, BOK Financial Mortgage and the TransFund electronic funds network.

Certain reclassifications have been made to conform to the current period presentation.

The financial information should be read in conjunction with BOK Financial’s 2016 Form 10-K filed with the Securities and Exchange Commission, which contains audited financial statements. Amounts presented as of December 31, 2016 have been derived from the audited financial statements included in BOK Financial’s 2016 Form 10-K but do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Operating results for the six-month period ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017.

Newly Adopted and Pending Accounting Policies

Financial Accounting Standards Board (“FASB”)

FASB Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09")

On May 28, 2014, the FASB issued ASU 2014-09 to clarify the principles for recognizing revenue by providing a more robust framework that will give greater consistency and comparability in revenue recognition practices. In the new framework, an entity recognizes revenue in an amount that reflects the consideration to which the entity expects to be entitled in exchange for goods or services. The new model requires the identification of performance obligations included in contracts with customers, a determination of the transaction price and an allocation of the price to those performance obligations. The entity recognizes revenue when performance obligations are satisfied. ASU 2014-09 is effective for the Company for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Net interest revenue from financial assets and liabilities is explicitly excluded from the scope of ASU 2014-09. Management expects that most fees and commissions revenue will not be affected. The Company continues to evaluate the impact of ASU 2014-09 on Fiduciary and Asset Management Revenue and Transaction Card Revenue, which represents 19% of gross revenue and 43% of fees and commissions revenue for the first half of 2017. Timing of revenue recognition and gross versus net presentation may be affected. Management will adopt the standard in the first quarter of 2018 with a cumulative effect adjustment to opening retained earnings if such adjustment is significant.

FASB Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) ("ASU 2016-08")

On March 17, 2016, the FASB Issued ASU 2016-08 to amend the principal versus agent implementation guidance in ASU 2014-09. The ASU clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. ASU 2016-08 is effective for the Company for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The Company is evaluating the impact the adoption of ASU 2016-08 will have on the Company's financial statements along with ASU 2014-09.



FASB Accounting Standards Update No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01")

On January 5, 2016, the FASB issued ASU 2016-01 over the recognition and measurement of financial assets and liabilities. The update requires equity investments, in general, to be measured at fair value with changes in fair value recognized in earnings. It also eliminates the requirement to disclose the methods and significant assumptions used to estimate the fair value for financial instruments measured at amortized cost, requires entities to use the exit price notion when measuring fair value, requires an entity to present separately in other comprehensive income the portion of the total change in fair value of a liability resulting from a change in the instrument-specific credit risk when the fair value option has been elected, requires separate presentation of financial assets and liabilities by measurement category and form on the balance sheet or accompanying notes, clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets, and simplifies the impairment assessment of equity investments without readily determinable fair values. The ASU is effective for the Company for interim and annual periods beginning after December 15, 2017. Upon adoption, unrealized gains and losses from equity securities will be reclassified from other comprehensive income to retained earnings. At June 30, 2017, the Company had $3.2 million of unrealized gains included in accumulated other comprehensive income.

FASB Accounting Standards Update No. 2016-02, Leases (Topic 842) ("ASU 2016-02")

On February 25, 2016, the FASB issued ASU 2016-02 to increase transparency and comparability by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. Lessees will be required to recognize an obligation for future lease payments measured on a discounted basis and a right-of-use asset. The ASU is effective for the Company for interim and annual periods beginning after December 15, 2018 and requires transition through a modified retrospective approach for leases existing at or entered into after January 1, 2017. The Company is evaluating the impact the adoption of ASU 2016-02 will have on the Company's financial statements.

FASB Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09")

On March 30, 2016, the FASB issued ASU 2016-09 to simplify multiple aspects of accounting for employee share-based payment transactions including accounting income taxes, forfeitures, and statutory tax withholding requirements. The ASU became effective for annual reporting periods beginning after December 15, 2016, including interim periods within those annual reporting periods. Implementation of ASU 2016-09 decreased tax expense $2.3 million in the first six months of 2017.
 
FASB Accounting Standards Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Assets Measured at Amortized Cost ("ASU 2016-13")

On June 16, 2016, the FASB issued ASU 2016-13 in order to provide more timely recording of credit losses on loans and other financial instruments. The ASU adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected credit losses rather than incurred credit losses. It requires measurement of all expected credit losses for financial assets carried at amortized cost, including loans and investment securities, based on historical experience, current conditions, and reasonable and supportable forecasts. ASU 2016-13 also changes the recognition of other-than-temporary impairment of available for sale securities to an allowance methodology from a direct write-down methodology. ASU 2016-13 will be effective for the Company for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for annual reporting periods beginning after December 15, 2018. ASU 2016-13 will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is evaluating the impact the adoption of ASU 2016-13 will have on the Company's financial statements.

FASB Accounting Standards Update No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments ("ASU 2016-15")

On August 26, 2016, the FASB issued ASU 2016-15, which amends guidance in ASC 230 on the classification of certain cash receipts and payments in the statement of cash flows. The amendments address eight cash flow issues. ASU 2016-15 is effective for the Company for interim and annual reporting periods beginning after December 15, 2017. Entities generally must apply the guidance retrospectively to all periods presented. Adoption of ASU 2016-15 is not expected to have a material impact on the Company's financial statements.
v3.7.0.1
Securities
6 Months Ended
Jun. 30, 2017
Marketable Securities [Abstract]  
Securities [Text Block]
Securities
Trading Securities
 
The fair value and net unrealized gain (loss) included in trading securities is as follows (in thousands):
 
 
 
June 30, 2017
 
December 31, 2016
 
June 30, 2016
 
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair
Value
 
Net Unrealized Gain (Loss)
U.S. government agency debentures
 
$
20,954

 
$
(9
)
 
$
6,234

 
$
(4
)
 
$
18,909

 
$
(8
)
U.S. government agency residential mortgage-backed securities
 
365,171

 
(1,032
)
 
310,067

 
635

 
122,306

 
363

Municipal and other tax-exempt securities
 
45,444

 
230

 
14,427

 
50

 
52,721

 
262

Other trading securities
 
9,845

 
(175
)
 
6,900

 
57

 
17,686

 
169

Total trading securities
 
$
441,414

 
$
(986
)
 
$
337,628

 
$
738

 
$
211,622

 
$
786


Investment Securities
 
The amortized cost and fair values of investment securities are as follows (in thousands):

 
 
June 30, 2017
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
267,375

 
$
270,531

 
$
3,384

 
$
(228
)
U.S. government agency residential mortgage-backed securities – Other
 
18,035

 
18,642

 
668

 
(61
)
Other debt securities
 
205,016

 
226,502

 
22,040

 
(554
)
Total investment securities
 
$
490,426

 
$
515,675

 
$
26,092

 
$
(843
)

1 
Gross unrealized gains and losses are not recognized in Accumulated Other Comprehensive Income "AOCI" in the Consolidated Balance Sheets.
 
 
December 31, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
320,364

 
$
321,225

 
$
2,272

 
$
(1,411
)
U.S. government agency residential mortgage-backed securities – Other
 
20,777

 
21,473

 
767

 
(71
)
Other debt securities
 
205,004

 
222,795

 
18,115

 
(324
)
Total investment securities
 
$
546,145

 
$
565,493

 
$
21,154

 
$
(1,806
)

1 
Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
 
 
June 30, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
334,551

 
$
340,700

 
$
6,234

 
$
(85
)
U.S. government agency residential mortgage-backed securities – Other
 
23,750

 
25,233

 
1,483

 

Other debt securities
 
202,410

 
233,129

 
30,723

 
(4
)
Total investment securities
 
$
560,711

 
$
599,062

 
$
38,440

 
$
(89
)

1 
Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
The amortized cost and fair values of investment securities at June 30, 2017, by contractual maturity, are as shown in the following table (dollars in thousands):
 
 
Less than
One Year
 
One to
Five Years
 
Six to
Ten Years
 
Over
Ten Years
 
Total
 
Weighted
Average
Maturity²
Municipal and other tax-exempt:
 
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
 
$
90,415

 
$
122,560

 
$
10,739

 
$
43,661

 
$
267,375

 
3.48

Fair value
 
90,436

 
122,914

 
11,220

 
45,961

 
270,531

 
 
Nominal yield¹
 
1.66
%
 
2.12
%
 
4.88
%
 
5.05
%
 
2.55
%
 
 
Other debt securities:
 
 

 
 

 
 

 
 

 
 

 
 
Amortized cost
 
14,286

 
45,638

 
130,279

 
14,813

 
205,016

 
6.59

Fair value
 
14,482

 
48,973

 
148,415

 
14,632

 
226,502

 
 
Nominal yield
 
3.84
%
 
4.95
%
 
5.75
%
 
4.46
%
 
5.35
%
 
 
Total fixed maturity securities:
 
 

 
 

 
 

 
 

 
 

 
 
Amortized cost
 
$
104,701

 
$
168,198

 
$
141,018

 
$
58,474

 
$
472,391

 
4.83

Fair value
 
104,918

 
171,887

 
159,635

 
60,593

 
497,033

 
 

Nominal yield
 
1.95
%
 
2.89
%
 
5.69
%
 
4.90
%
 
3.77
%
 
 

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 
 

 
 

 
 

 
 

 
$
18,035

 
³

Fair value
 
 

 
 

 
 

 
 

 
18,642

 
 

Nominal yield4
 
 

 
 

 
 

 
 

 
2.76
%
 
 

Total investment securities:
 
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 
 

 
 

 
 

 
 

 
$
490,426

 
 

Fair value
 
 

 
 

 
 

 
 

 
515,675

 
 

Nominal yield
 
 

 
 

 
 

 
 

 
3.73
%
 
 

1 
Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
2 
Expected maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without penalty.
3 
The average expected lives of residential mortgage-backed securities were 4.7 years based upon current prepayment assumptions.
4 
The nominal yield on residential mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary - Unaudited for current yields on the investment securities portfolio.

Available for Sale Securities 

The amortized cost and fair value of available for sale securities are as follows (in thousands):
 
 
June 30, 2017
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
998

 
$

 
$
(2
)
 
$

Municipal and other tax-exempt
 
32,885

 
32,765

 
293

 
(413
)
 

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
3,005,920

 
3,008,531

 
24,213

 
(21,602
)
 

FHLMC
 
1,412,376

 
1,412,472

 
7,785

 
(7,689
)
 

GNMA
 
938,086

 
936,365

 
3,641

 
(5,362
)
 

Other
 
25,000

 
25,009

 
52

 
(43
)
 

Total U.S. government agencies
 
5,381,382

 
5,382,377

 
35,691

 
(34,696
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
38,334

 
46,903

 
8,569

 

 

Jumbo-A loans
 
48,322

 
56,480

 
8,158

 

 

Total private issue
 
86,656

 
103,383

 
16,727

 

 

Total residential mortgage-backed securities
 
5,468,038

 
5,485,760

 
52,418

 
(34,696
)
 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,788,543

 
2,782,070

 
7,804

 
(14,277
)
 

Other debt securities
 
4,400

 
4,152

 

 
(248
)
 

Perpetual preferred stock
 
12,562

 
16,568

 
4,006

 

 

Equity securities and mutual funds
 
17,572

 
18,728

 
1,219

 
(63
)
 

Total available for sale securities
 
$
8,325,000

 
$
8,341,041

 
$
65,740

 
$
(49,699
)
 
$

1 Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.
 
 
December 31, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized¹
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
999

 
$

 
$
(1
)
 
$

Municipal and other tax-exempt
 
41,050

 
40,993

 
343

 
(400
)
 

Residential mortgage-backed securities:
 
 
 
 

 
 

 
 

 
 

U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
3,062,525

 
3,055,676

 
25,066

 
(31,915
)
 

FHLMC
 
1,534,451

 
1,531,116

 
8,475

 
(11,810
)
 

GNMA
 
878,375

 
873,594

 
2,259

 
(7,040
)
 

Total U.S. government agencies
 
5,475,351

 
5,460,386

 
35,800

 
(50,765
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
44,245

 
51,512

 
7,485

 

 
(218
)
Jumbo-A loans
 
56,947

 
64,023

 
7,092

 
(16
)
 

Total private issue
 
101,192

 
115,535

 
14,577

 
(16
)
 
(218
)
Total residential mortgage-backed securities
 
5,576,543

 
5,575,921

 
50,377

 
(50,781
)
 
(218
)
Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,035,750

 
3,017,933

 
5,472

 
(23,289
)
 

Other debt securities
 
4,400

 
4,152

 

 
(248
)
 

Perpetual preferred stock
 
15,561

 
18,474

 
2,913

 

 

Equity securities and mutual funds
 
17,424

 
18,357

 
1,060

 
(127
)
 

Total available for sale securities
 
$
8,691,728

 
$
8,676,829

 
$
60,165

 
$
(74,846
)
 
$
(218
)
1 Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.

 
 
June 30, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
1,004

 
$
4

 
$

 
$

Municipal and other tax-exempt
 
50,170

 
50,262

 
805

 
(713
)
 

Residential mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
2,908,698

 
2,988,974

 
80,549

 
(273
)
 

FHLMC
 
1,746,661

 
1,785,332

 
38,869

 
(198
)
 

GNMA
 
921,928

 
925,962

 
4,646

 
(612
)
 

Total U.S. government agencies
 
5,577,287

 
5,700,268

 
124,064

 
(1,083
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
49,522

 
54,536

 
5,461

 

 
(447
)
Jumbo-A loans
 
65,787

 
71,777

 
6,355

 
(36
)
 
(329
)
Total private issue
 
115,309

 
126,313

 
11,816

 
(36
)
 
(776
)
Total residential mortgage-backed securities
 
5,692,596

 
5,826,581

 
135,880

 
(1,119
)
 
(776
)
Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,854,306

 
2,911,946

 
57,762

 
(122
)
 

Other debt securities
 
4,400

 
4,151

 

 
(249
)
 

Perpetual preferred stock
 
15,562

 
17,931

 
2,369

 

 

Equity securities and mutual funds
 
17,270

 
18,814

 
1,558

 
(14
)
 

Total available for sale securities
 
$
8,635,304

 
$
8,830,689

 
$
198,378

 
$
(2,217
)
 
$
(776
)
1 
Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 
Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.

The amortized cost and fair values of available for sale securities at June 30, 2017, by contractual maturity, are as shown in the following table (dollars in thousands):
 
Less than
One Year
 
One to
Five Years
 
Six to
Ten Years
 
Over
Ten Years
 
Total
 
Weighted
Average
Maturity5
U.S. Treasuries:
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
$
1,000

 
$

 
$

 
$

 
$
1,000

 
0.55

Fair value
998

 

 

 

 
998

 
 
Nominal yield
0.87
%
 
%
 
%
 
%
 
0.87
%
 
 
Municipal and other tax-exempt:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$
8,981

 
$
6,380

 
$
1,028

 
$
16,496

 
$
32,885

 
8.87

Fair value
9,021

 
6,497

 
1,081

 
16,166

 
32,765

 
 
Nominal yield¹
4.24
%
 
3.91
%
 
6.72
%
 
2.28
%
6 
3.27
%
 
 
Commercial mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
$
58,263

 
$
880,459

 
$
1,571,735

 
$
278,086

 
$
2,788,543

 
6.98

Fair value
58,147

 
879,286

 
1,568,732

 
275,905

 
2,782,070

 
 
Nominal yield
1.20
%
 
1.83
%
 
1.84
%
 
1.88
%
 
1.82
%
 
 
Other debt securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$

 
$

 
$

 
$
4,400

 
$
4,400

 
30.16

Fair value

 

 

 
4,152

 
4,152

 
 
Nominal yield
%
 
%
 
%
 
1.71
%
6 
1.71
%
 
 
Total fixed maturity securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$
68,244

 
$
886,839

 
$
1,572,763

 
$
298,982

 
$
2,826,828

 
7.03

Fair value
68,166

 
885,783

 
1,569,813

 
296,223

 
2,819,985

 
 
Nominal yield
1.60
%
 
1.85
%
 
1.85
%
 
1.90
%
 
1.83
%
 
 
Residential mortgage-backed securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
 

 
 

 
 

 
 

 
$
5,468,038

 
2 

Fair value
 

 
 

 
 

 
 

 
5,485,760

 
 
Nominal yield4
 

 
 

 
 

 
 

 
1.94
%
 
 
Equity securities and mutual funds:
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 

 
 

 
 

 
 

 
$
30,134

 
³

Fair value
 

 
 

 
 

 
 

 
35,296

 
 

Nominal yield
 

 
 

 
 

 
 

 
%
 
 

Total available-for-sale securities:
 

 
 

 
 

 
 

 
 
 
 

Amortized cost
 

 
 

 
 

 
 

 
$
8,325,000

 
 

Fair value
 

 
 

 
 

 
 

 
8,341,041

 
 

Nominal yield
 

 
 

 
 

 
 

 
1.90
%
 
 

1 
Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
2 
The average expected lives of mortgage-backed securities were 3.9 years years based upon current prepayment assumptions.
3 
Primarily common stock and preferred stock of corporate issuers with no stated maturity.
4 
The nominal yield on mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary –– Unaudited following for current yields on available for sale securities portfolio.
5 
Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalty.
6 
Nominal yield on municipal and other tax-exempt securities and other debt securities with contractual maturity dates over ten years are based on variable rates which generally are reset within 35 days.

Sales of available for sale securities resulted in gains and losses as follows (in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Proceeds
$
460,402

 
$
325,758

 
$
700,412

 
$
795,140

Gross realized gains
2,763

 
5,326

 
4,855

 
9,290

Gross realized losses
(2,383
)
 

 
(2,426
)
 

Related federal and state income tax expense
148

 
2,072

 
945

 
3,614



A summary of investment and available for sale securities that have been pledged as collateral for repurchase agreements, public trust funds on deposit and for other purposes, as required by law was as follows (in thousands):
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
Investment:
 
 
 
 
 
Amortized cost
$
251,684

 
$
322,208

 
$
287,166

Fair value
255,097

 
323,808

 
293,625

 
 
 
 
 
 
Available for sale:
 
 
 
 
 
Amortized cost
6,327,666

 
7,353,116

 
7,502,361

Fair value
6,317,623

 
7,327,470

 
7,657,916



The secured parties do not have the right to sell or repledge these securities.

Temporarily Impaired Securities as of June 30, 2017
(in thousands):
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
82

 
$
111,078

 
$
149

 
$
3,000

 
$
79

 
$
114,078

 
$
228

U.S. government agency residential mortgage-backed securities – Other
 
1

 
3,810

 
61

 

 

 
3,810

 
61

Other debt securities
 
22

 
8,384

 
554

 

 

 
8,384

 
554

Total investment securities
 
105

 
$
123,272

 
$
764

 
$
3,000

 
$
79

 
$
126,272

 
$
843


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. Treasury
 
1

 
$
997

 
$
2

 
$

 
$

 
$
997

 
$
2

Municipal and other tax-exempt
 
13

 
$
1,957

 
$
1

 
$
4,655

 
$
412

 
$
6,612

 
$
413

Residential mortgage-backed securities:
 
 
 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 
 
 

 
 

 
 

 
 

 


 


FNMA
 
75

 
1,381,687

 
20,288

 
87,371

 
1,314

 
1,469,058

 
21,602

FHLMC
 
42

 
731,853

 
7,213

 
16,388

 
476

 
748,241

 
7,689

GNMA
 
21

 
291,806

 
3,766

 
76,605

 
1,596

 
368,411

 
5,362

Other
 
1

 
19,957

 
43

 

 

 
19,957

 
43

Total U.S. government agencies
 
139


2,425,303


31,310


180,364


3,386


2,605,667


34,696

Private issue:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 

 

 

 

 

 

 

Jumbo-A loans
 

 

 

 

 

 

 

Total private issue
 

 

 

 

 

 

 

Total residential mortgage-backed securities
 
139

 
2,425,303

 
31,310

 
180,364

 
3,386

 
2,605,667

 
34,696

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
121

 
1,388,406

 
12,690

 
78,828

 
1,587

 
1,467,234

 
14,277

Other debt securities
 
2

 

 

 
4,152

 
248

 
4,152

 
248

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
91

 
1,668

 
22

 
887

 
41

 
2,555

 
63

Total available for sale securities
 
367

 
$
3,818,331


$
44,025


$
268,886


$
5,674


$
4,087,217


$
49,699




Temporarily Impaired Securities as of December 31, 2016
(In thousands)
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
151

 
$
219,892

 
$
1,316

 
$
4,333

 
$
95

 
$
224,225

 
$
1,411

U.S. government agency residential mortgage-backed securities – Other
 
1

 
4,358

 
71

 

 

 
4,358

 
71

Other debt securities
 
41

 
11,820

 
322

 
855

 
2

 
12,675

 
324

Total investment securities
 
193

 
$
236,070

 
$
1,709

 
$
5,188

 
$
97

 
$
241,258

 
$
1,806


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 


 


U.S. Treasury
 
1

 
$
999

 
$
1

 
$

 
$

 
$
999

 
$
1

Municipal and other tax-exempt
 
24

 
$
15,666

 
$
22

 
$
4,689

 
$
378

 
$
20,355

 
$
400

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

 


 


FNMA
 
91

 
1,787,644

 
30,238

 
72,105

 
1,677

 
1,859,749

 
31,915

FHLMC
 
58

 
964,017

 
11,210

 
18,307

 
600

 
982,324

 
11,810

GNMA
 
31

 
548,637

 
6,145

 
25,796

 
895

 
574,433

 
7,040

Total U.S. government agencies
 
180

 
3,300,298

 
47,593

 
116,208

 
3,172

 
3,416,506

 
50,765

Private issue1:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 
5

 
7,931

 
174

 
7,410

 
44

 
15,341

 
218

Jumbo-A loans
 
1

 

 

 
6,098

 
16

 
6,098

 
16

Total private issue
 
6

 
7,931

 
174

 
13,508

 
60

 
21,439

 
234

Total residential mortgage-backed securities
 
186

 
3,308,229

 
47,767

 
129,716

 
3,232

 
3,437,945

 
50,999

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
171

 
1,904,584

 
22,987

 
38,875

 
302

 
1,943,459

 
23,289

Other debt securities
 
2

 

 

 
4,152

 
248

 
4,152

 
248

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
104

 
2,127

 
41

 
817

 
86

 
2,944

 
127

Total available for sale securities
 
488

 
$
5,231,605


$
70,818


$
178,249


$
4,246


$
5,409,854


$
75,064

1 
Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.


Temporarily Impaired Securities as of June 30, 2016
(In thousands)
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
19

 
$
11,915

 
$
20

 
$
4,378

 
$
65

 
$
16,293

 
$
85

U.S. government agency residential mortgage-backed securities – Other
 

 

 

 

 

 

 

Other debt securities
 
1

 

 

 
858

 
4

 
858

 
4

Total investment securities
 
20

 
$
11,915

 
$
20

 
$
5,236

 
$
69

 
$
17,151

 
$
89


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 


 


U.S. Treasury
 

 
$

 
$

 
$

 
$

 
$

 
$

Municipal and other tax-exempt1
 
17

 
$
375

 
$

 
$
10,289

 
$
713

 
$
10,664

 
$
713

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

 


 


FNMA
 
4

 
97,910

 
267

 
15,401

 
6

 
113,311

 
273

FHLMC
 
1

 

 

 
22,338

 
198

 
22,338

 
198

GNMA
 
11

 
349,631

 
612

 

 

 
349,631

 
612

Total U.S. government agencies
 
16

 
447,541

 
879

 
37,739

 
204

 
485,280

 
1,083

Private issue1:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 
5

 
8,513

 
241

 
8,291

 
206

 
16,804

 
447

Jumbo-A loans
 
9

 
7,076

 
36

 
7,877

 
329

 
14,953

 
365

Total private issue
 
14

 
15,589

 
277

 
16,168

 
535

 
31,757

 
812

Total residential mortgage-backed securities
 
30

 
463,130

 
1,156

 
53,907

 
739

 
517,037

 
1,895

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
11

 
103,955

 
37

 
65,857

 
85

 
169,812

 
122

Other debt securities
 
2

 

 

 
4,151

 
249

 
4,151

 
249

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
30

 

 

 
889

 
14

 
889

 
14

Total available for sale securities
 
90

 
$
567,460

 
$
1,193

 
$
135,093

 
$
1,800

 
$
702,553

 
$
2,993

1 
Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.

For debt securities, management determines whether it intends to sell or if it is more-likely-than-not that it will be required to sell impaired securities. This determination considers current and forecasted liquidity requirements, regulatory and capital requirements and securities portfolio management. Based on this evaluation as of June 30, 2017, the Company does not intend to sell any impaired available for sale securities before fair value recovers to the current amortized cost and it is more-likely-than-not that the Company will not be required to sell impaired securities before fair value recovers, which may be maturity.
 

 
 

Fair Value Option Securities
 
Fair value option securities represent securities which the Company has elected to carry at fair value and are separately identified on the Consolidated Balance Sheets. Changes in the fair value are recognized in earnings as they occur. Certain U.S. Treasury securities, residential mortgage-backed securities issued by U.S. government agencies and derivative contracts are held as an economic hedge of the mortgage servicing rights. 

The fair value and net unrealized gain (loss) included in fair value option securities is as follows (in thousands):
 
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
 
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair
Value
 
Net Unrealized Gain (Loss)
U.S. Treasury
 
$

 
$

 
$

 
$

 
$
25,306

 
$
(43
)
U.S. government agency residential mortgage-backed securities
 
445,169

 
1,247

 
77,046

 
(1,777
)
 
237,959

 
4,476

Total
 
$
445,169

 
$
1,247

 
$
77,046

 
$
(1,777
)
 
$
263,265

 
$
4,433




Restricted Equity Securities

Restricted equity securities primarily include stock we are required to hold as members of the Federal Reserve system and the Federal Home Loan Banks. Restricted equity securities are carried at cost as these securities do not have a readily determined fair value because ownership of these shares are restricted and they lack a market. A summary of restricted equity securities follows (in thousands):

 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
Federal Reserve stock
$
36,676

 
$
36,498

 
$
36,283

Federal Home Loan Bank stock
274,113

 
270,541

 
283,155

Other
244

 
201

 
201

Total
$
311,033


$
307,240


$
319,639

v3.7.0.1
Derivatives
6 Months Ended
Jun. 30, 2017
Derivative Instrument Detail [Abstract]  
Derivatives [Text Block]
Derivatives
 
Derivative instruments may be used by the Company as part of its internal risk management programs or may be offered to customers. All derivative instruments are carried at fair value and changes in fair value are reported in earnings as they occur. Credit risk is also considered in determining fair value.

When bilateral netting agreements or similar arrangements exist between the Company and its counterparties that create a single legal claim or obligation to pay or receive the net amount in settlement of the individual derivative contracts, the Company reports derivative assets and liabilities on a net by derivative contract type by counterparty basis.

Derivative contracts may require the Company to provide or receive cash margin as collateral for derivative assets and liabilities. Derivative assets and liabilities are reported net of cash margin when certain conditions are met. In addition, derivative contracts executed with customers under Customer Risk Management Programs may be secured by non-cash collateral in conjunction with a credit agreement with that customer. Access to collateral in the event of default is reasonably assured.
 
None of these derivative contracts have been designated as hedging instruments for accounting purposes.

Customer Risk Management Programs
 
BOK Financial offers programs to permit its customers to manage various risks, including fluctuations in energy, cattle and other agricultural products, interest rates and foreign exchange rates with derivative contracts. Customers may also manage interest rate risk through interest rate swaps used by borrowers to modify interest rate terms of their loans or to-be-announced securities used by mortgage banking customers to hedge their loan production. Derivative contracts are executed between the customers and BOK Financial. Offsetting contracts are executed between BOK Financial and other selected counterparties to minimize the risk of changes in commodity prices, interest rates or foreign exchange rates. The counterparty contracts are identical to customer contracts, except for a fixed pricing spread or fee paid to BOK Financial as profit and compensation for administrative costs and credit risk which is recognized over the life of the contracts and included in other operating revenue – brokerage and trading revenue in the Consolidated Statements of Earnings.
 
Internal Risk Management Programs
 
BOK Financial may use derivative contracts in managing its interest rate sensitivity, as part of its economic hedge of the change in the fair value of mortgage servicing rights and as an economic hedge of trading securities. As of June 30, 2017, derivative contracts under the internal risk management programs were primarily used as part of the economic hedges of the change in the fair value of the mortgage servicing rights and trading securities.

As discussed in Note 6, certain derivative contracts not designated as hedging instruments related to mortgage loan commitments and forward sales contracts are included in Residential mortgage loans held for sale on the Consolidated Balance Sheets. See Note 6 for additional discussion of notional, fair value and impact on earnings of these contracts.
The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at June 30, 2017 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,174,687

 
$
57,948

 
$
(29,034
)
 
$
28,914

 
$

 
$
28,914

Interest rate swaps
 
1,450,193

 
29,932

 

 
29,932

 
(2,206
)
 
27,726

Energy contracts
 
891,480

 
56,824

 
(20,546
)
 
36,278

 
(21,267
)
 
15,011

Agricultural contracts
 
45,250

 
3,541

 
(1,027
)
 
2,514

 

 
2,514

Foreign exchange contracts
 
169,529

 
162,429

 

 
162,429

 
(7
)
 
162,422

Equity option contracts
 
100,159

 
4,437

 

 
4,437

 
(920
)
 
3,517

Total customer risk management programs
 
18,831,298

 
315,111

 
(50,607
)
 
264,504

 
(24,400
)
 
240,104

Internal risk management programs
 
10,680,498

 
40,185

 

 
40,185

 

 
40,185

Total derivative contracts
 
$
29,511,796

 
$
355,296

 
$
(50,607
)
 
$
304,689

 
$
(24,400
)
 
$
280,289

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional¹
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,174,687

 
$
53,829

 
$
(29,034
)
 
$
24,795

 
$

 
$
24,795

Interest rate swaps
 
1,450,193

 
29,982

 

 
29,982

 
(15,396
)
 
14,586

Energy contracts
 
874,625

 
53,895

 
(20,546
)
 
33,349

 

 
33,349

Agricultural contracts
 
45,262

 
3,538

 
(1,027
)
 
2,511

 
(2,511
)
 

Foreign exchange contracts
 
169,553

 
162,276

 

 
162,276

 
(3,188
)
 
159,088

Equity option contracts
 
100,159

 
4,437

 

 
4,437

 

 
4,437

Total customer risk management programs
 
18,814,479

 
307,957

 
(50,607
)
 
257,350

 
(21,095
)
 
236,255

Internal risk management programs
 
8,310,950

 
49,564

 

 
49,564

 

 
49,564

Total derivative contracts
 
$
27,125,429

 
$
357,521

 
$
(50,607
)
 
$
306,914

 
$
(21,095
)
 
$
285,819

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.


The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at December 31, 2016 (in thousands):

 
 
Assets
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,949,152

 
$
180,695

 
$
(60,555
)
 
$
120,140

 
$

 
$
120,140

Interest rate swaps
 
1,403,408

 
34,442

 

 
34,442

 
(4,567
)
 
29,875

Energy contracts
 
835,566

 
64,140

 
(28,298
)
 
35,842

 
(71
)
 
35,771

Agricultural contracts
 
53,209

 
1,382

 
(515
)
 
867

 

 
867

Foreign exchange contracts
 
580,886

 
494,349

 

 
494,349

 
(5,183
)
 
489,166

Equity option contracts
 
100,924

 
4,357

 

 
4,357

 
(730
)
 
3,627

Total customer risk management programs
 
19,923,145

 
779,365

 
(89,368
)
 
689,997

 
(10,551
)
 
679,446

Internal risk management programs
 
2,514,169

 
10,426

 

 
10,426

 

 
10,426

Total derivative contracts
 
$
22,437,314

 
$
789,791

 
$
(89,368
)
 
$
700,423

 
$
(10,551
)
 
$
689,872

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,637,532

 
$
176,928

 
$
(60,555
)
 
$
116,373

 
$

 
$
116,373

Interest rate swaps
 
1,403,408

 
34,442

 

 
34,442

 
(11,977
)
 
22,465

Energy contracts
 
820,365

 
64,306

 
(28,298
)
 
36,008

 
(31,534
)
 
4,474

Agricultural contracts
 
53,216

 
1,365

 
(515
)
 
850

 
(769
)
 
81

Foreign exchange contracts
 
580,712

 
494,695

 

 
494,695

 
(3,630
)
 
491,065

Equity option contracts
 
100,924

 
4,357

 

 
4,357

 

 
4,357

Total customer risk management programs
 
19,596,157

 
776,093

 
(89,368
)
 
686,725

 
(47,910
)
 
638,815

Internal risk management programs
 
2,582,202

 
25,716

 

 
25,716

 

 
25,716

Total derivative contracts
 
$
22,178,359

 
$
801,809

 
$
(89,368
)
 
$
712,441

 
$
(47,910
)
 
$
664,531

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.




The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at June 30, 2016 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
18,774,134

 
$
183,118

 
$
(67,383
)
 
$
115,735

 
$

 
$
115,735

Interest rate swaps
 
1,299,985

 
54,978

 

 
54,978

 
(1,100
)
 
53,878

Energy contracts
 
757,669

 
59,103

 
(33,996
)
 
25,107

 
(155
)
 
24,952

Agricultural contracts
 
50,848

 
2,488

 
(1,609
)
 
879

 
(37
)
 
842

Foreign exchange contracts
 
701,436

 
675,804

 

 
675,804

 
(5,054
)
 
670,750

Equity option contracts
 
116,901

 
4,236

 

 
4,236

 
(478
)
 
3,758

Total customer risk management programs
 
21,700,973

 
979,727

 
(102,988
)
 
876,739

 
(6,824
)
 
869,915

Internal risk management programs
 
1,337,000

 
13,758

 

 
13,758

 

 
13,758

Total derivative contracts
 
$
23,037,973

 
$
993,485

 
$
(102,988
)
 
$
890,497

 
$
(6,824
)
 
$
883,673

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
18,662,334

 
$
179,443

 
$
(67,383
)
 
$
112,060

 
$
(103,724
)
 
$
8,336

Interest rate swaps
 
1,299,985

 
55,404

 

 
55,404

 
(32,597
)
 
22,807

Energy contracts
 
734,538

 
58,033

 
(33,996
)
 
24,037

 
(11,784
)
 
12,253

Agricultural contracts
 
50,843

 
2,476

 
(1,609
)
 
867

 

 
867

Foreign exchange contracts
 
701,219

 
675,383

 

 
675,383

 
(4,723
)
 
670,660

Equity option contracts
 
116,901

 
4,236

 

 
4,236

 

 
4,236

Total customer risk management programs
 
21,565,820

 
974,975

 
(102,988
)
 
871,987

 
(152,828
)
 
719,159

Internal risk management programs
 

 

 

 

 

 

Total derivative contracts
 
$
21,565,820

 
$
974,975

 
$
(102,988
)
 
$
871,987

 
$
(152,828
)
 
$
719,159

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.






The following summarizes the pre-tax net gains (losses) on derivative instruments and where they are recorded in the income statement (in thousands):
 
 
Three Months Ended
 
 
June 30, 2017
 
June 30, 2016
 
 
Brokerage
and Trading Revenue
 
Gain (Loss) on Derivatives, Net
 
Brokerage
and Trading
Revenue
 
Gain (Loss)on Derivatives, Net
Customer risk management programs:
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
9,205

 
$

 
$
9,862

 
$

Interest rate swaps
 
665

 

 
723

 

Energy contracts
 
1,666

 

 
2,749

 

Agricultural contracts
 
11

 

 
32

 

Foreign exchange contracts
 
90

 

 
134

 

Equity option contracts
 

 

 

 

Total customer risk management programs
 
11,637

 

 
13,500

 

Internal risk management programs
 
6,485

 
3,241

 
(9
)
 
10,766

Total derivative contracts
 
$
18,122

 
$
3,241

 
$
13,491

 
$
10,766


 
 
Six Months Ended
 
 
June 30, 2017
 
June 30, 2016
 
 
Brokerage
and Trading Revenue
 
Gain (Loss) on Derivatives, Net
 
Brokerage
and Trading
Revenue
 
Gain (Loss) on Derivatives, Net
Customer risk management programs:
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
17,232

 
$

 
$
17,302

 
$

Interest rate swaps
 
1,124

 

 
1,048

 

Energy contracts
 
4,539

 

 
3,445

 

Agricultural contracts
 
20

 

 
61

 

Foreign exchange contracts
 
360

 

 
512

 

Equity option contracts
 

 

 

 

Total customer risk management programs
 
23,275

 

 
22,368

 

Internal risk management programs
 
6,018

 
2,791

 
(9
)
 
17,904

Total derivative contracts
 
$
29,293

 
$
2,791

 
$
22,359

 
$
17,904

v3.7.0.1
Loans and Allowances for Credit Losses
6 Months Ended
Jun. 30, 2017
Loans Receivable, Net [Abstract]  
Loans [Text Block]
Loans and Allowances for Credit Losses

Loans

Loans are either secured or unsecured based on the type of loan and the financial condition of the borrower. Repayment is generally expected from cash flow or proceeds from the sale of selected assets of the borrower. BOK Financial is exposed to risk of loss on loans due to the borrower’s difficulties, which may arise from any number of factors, including problems within the respective industry or local economic conditions. Access to collateral, in the event of borrower default, is reasonably assured through adherence to applicable lending laws and through sound lending standards and credit review procedures. Accounting policies for all loans, excluding residential mortgage loans guaranteed by U.S. government agencies, are as follows.

Interest is accrued at the applicable interest rate on the principal amount outstanding. Loans are placed on nonaccruing status when, in the opinion of management, full collection of principal or interest is uncertain. Internally risk graded loans are individually evaluated for nonaccruing status quarterly. Non-risk graded loans are generally placed on nonaccruing status when more than 90 days past due or within 60 days of being notified of the borrower's bankruptcy filing. Interest previously accrued but not collected is charged against interest income when the loan is placed on nonaccruing status. Payments on nonaccruing loans are applied to principal or recognized as interest income, according to management’s judgment as to the collectability of principal. Loans may be returned to accruing status when, in the opinion of management, full collection of principal and interest, including principal previously charged off, is probable based on improvements in the borrower’s financial condition or a sustained period of performance.

Loans to borrowers experiencing financial difficulties may be modified in troubled debt restructurings ("TDRs"). All TDRs are classified as nonaccruing, excluding loans guaranteed by U.S. government agencies. Modifications generally consist of extension of payment terms or interest rate concessions and may result either voluntarily through negotiations with the borrower or involuntarily through court order. Generally, principal and accrued but unpaid interest is not voluntarily forgiven.

Performing loans may be renewed under the current collateral value, debt service ratio and other underwriting standards. Nonaccruing loans may be renewed and will remain classified as nonaccruing. 

All loans are charged off when the loan balance or a portion of the loan balance is no longer supported by the paying capacity of the borrower or when the required cash flow is reduced in a TDR. The charge-off amount is determined through a quarterly evaluation of available cash resources and collateral value and charge-offs are taken in the quarter in which the loss is identified. Non-risk graded loans that are past due between 60 days and 180 days, based on the loan product type, are charged off. Loans to borrowers whose personal obligation has been discharged through Chapter 7 bankruptcy proceedings are charged off within 60 days of notice of the bankruptcy filing, regardless of payment status.

Loan origination and commitment fees and direct loan acquisition and origination costs are deferred and amortized as an adjustment to yield over the life of the loan or over the commitment period, as applicable.

Qualifying residential mortgage loans guaranteed by U.S. government agencies have been sold into GNMA pools. Under certain performance conditions specified in government programs, the Company may have the right, but not the obligation to repurchase loans from GNMA pools. These loans no longer qualify for sale accounting and are recognized in the Consolidated Balance Sheets. Guaranteed loans are considered impaired because we do not expect to receive all principal and interest based on the loan's contractual terms. The principal balance continues to be guaranteed; however, interest accrues at a curtailed rate as specified in the programs. The carrying value of these loans is reduced based on an estimate of the expected cash flows discounted at the original note rate plus a liquidity spread. Guaranteed loans may be modified in TDRs in accordance with U.S. government agency guidelines. Interest continues to accrue based on the modified rate. Guaranteed loans may either be resold into GNMA pools after a performance period specified by the programs or foreclosed and conveyed to the guarantors.

Loans are disaggregated into portfolio segments and further disaggregated into classes. The portfolio segment is the level at which the Company develops and documents a systematic method for determining its allowance for credit losses. Classes are a further disaggregation of portfolio segments based on the risk characteristics of the loans and the Company’s method for monitoring and assessing credit risk. 

Portfolio segments of the loan portfolio are as follows (in thousands):

 
 
June 30, 2017
 
December 31, 2016
 
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
Commercial
 
$
2,198,066

 
$
8,242,732

 
$
197,157

 
$
10,637,955

 
$
2,327,085

 
$
7,884,786

 
$
178,953

 
$
10,390,824

Commercial real estate
 
594,542

 
3,090,275

 
3,775

 
3,688,592

 
624,187

 
3,179,338

 
5,521

 
3,809,046

Residential mortgage
 
1,597,587

 
297,376

 
44,235

 
1,939,198

 
1,647,357

 
256,255

 
46,220

 
1,949,832

Personal
 
150,728

 
766,900

 
272

 
917,900

 
154,971

 
684,697

 
290

 
839,958

Total
 
$
4,540,923

 
$
12,397,283

 
$
245,439

 
$
17,183,645

 
$
4,753,600

 
$
12,005,076

 
$
230,984

 
$
16,989,660

Accruing loans past due (90 days)1
 
 

 
 

 
 

 
$
1,414

 
 

 
 

 
 

 
$
5

 
 
June 30, 2016
 
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
Commercial
 
$
1,994,415

 
$
8,180,033

 
$
181,989

 
$
10,356,437

Commercial real estate
 
612,822

 
2,961,364

 
7,780

 
3,581,966

Residential mortgage
 
1,586,116

 
237,746

 
57,061

 
1,880,923

Personal
 
109,447

 
477,622

 
354

 
587,423

Total
 
$
4,302,800

 
$
11,856,765

 
$
247,184

 
$
16,406,749

Accruing loans past due (90 days)1
 
 

 
 

 
 

 
$
2,899

1 
Excludes residential mortgage loans guaranteed by agencies of the U.S. government

At June 30, 2017, $5.7 billion or 33 percent of our total loan portfolio is to businesses and individuals attributed to the Texas market and $3.4 billion or 20 percent of the total loan portfolio is to businesses and individuals attributed to the Oklahoma market. These geographic concentrations subject the loan portfolio to the general economic conditions within these areas.

Commercial

Commercial loans represent loans for working capital, facilities acquisition or expansion, purchases of equipment and other needs of commercial customers primarily located within our geographical footprint. Commercial loans are underwritten individually and represent ongoing relationships based on a thorough knowledge of the customer, the customer’s industry and market. While commercial loans are generally secured by the customer’s assets including real property, inventory, accounts receivable, operating equipment, interest in mineral rights and other property and may also include personal guarantees of the owners and related parties, the primary source of repayment of the loans is the ongoing cash flow from operations of the customer’s business. Inherent lending risk is centrally monitored on a continuous basis from underwriting throughout the life of the loan for compliance with commercial lending policies.

At June 30, 2017, commercial loans attributed to the Texas market totaled $3.6 billion or 33 percent of the commercial loan portfolio segment and commercial loans attributed to the Oklahoma market totaled $2.1 billion or 19 percent of the commercial loan portfolio segment.

The commercial loan portfolio segment is further divided into loan classes. The energy loan class totaled $2.8 billion or 17 percent of total loans at June 30, 2017, including $2.4 billion of outstanding loans to energy producers. Approximately 58 percent of committed production loans are secured by properties primarily producing oil and 42 percent are secured by properties producing natural gas. The services loan class totaled $3.0 billion or 17 percent of total loans at June 30, 2017. Approximately $1.5 billion of loans in the services category consist of loans with individual balances of less than $10 million. Businesses included in the services class include governmental, finance and insurance, not-for-profit, educational services and loans to entities providing services for real estate and construction. The healthcare loan class totaled $2.2 billion or 13 percent of total loans at June 30, 2017. The healthcare loan class consists primarily of loans for the development and operation of senior housing and care facilities, including independent living, assisted living and skilled nursing. Healthcare also includes loans to hospitals and other medical service providers.

Commercial Real Estate

Commercial real estate loans are for the construction of buildings or other improvements to real estate and property held by borrowers for investment purposes primarily within our geographical footprint. We require collateral values in excess of the loan amounts, demonstrated cash flows in excess of expected debt service requirements, equity investment in the project and a portion of the project already sold, leased or permanent financing already secured. The expected cash flows from all significant new or renewed income producing property commitments are stress tested to reflect the risks in varying interest rates, vacancy rates and rental rates. As with commercial loans, inherent lending risks are centrally monitored on a continuous basis from underwriting throughout the life of the loan for compliance with applicable lending policies.

At June 30, 2017, 32 percent of commercial real estate loans are secured by properties primarily located in the Dallas and Houston areas of Texas. An additional 12 percent of commercial real estate loans are secured by properties located primarily in the Tulsa and Oklahoma City metropolitan areas of Oklahoma. 

Residential Mortgage and Personal

Residential mortgage loans provide funds for our customers to purchase or refinance their primary residence or to borrow against the equity in their home. Residential mortgage loans are secured by a first or second mortgage on the customer’s primary residence. Personal loans consist primarily of loans secured by the cash surrender value of insurance policies and marketable securities. It also includes direct loans secured by and for the purchase of automobiles, recreational and marine equipment as well as unsecured loans. Residential mortgage and personal loans are made in accordance with underwriting policies we believe to be conservative and are fully documented. Loans may be individually underwritten or credit scored based on size and other criteria. Credit scoring is assessed based on significant credit characteristics including credit history, residential and employment stability. Residential mortgage loans retained in the Company’s portfolio are primarily composed of various mortgage programs to support customer relationships including jumbo mortgage loans, non-builder construction loans and special loan programs for high net worth individuals and certain professionals. Jumbo loans may be fixed or variable rate and are fully amortizing. Jumbo loans generally conform to government sponsored entity standards, except that the loan size exceeds maximums required under these standards. These loans generally require a minimum FICO score of 720 and a maximum debt-to-income ratio (“DTI”) of 38 percent.  Loan-to-value (“LTV”) ratios are tiered from 60 percent to 100 percent, depending on the market. Special mortgage programs include fixed and variable fully amortizing loans tailored to the needs of certain healthcare professionals. Variable rate loans are fully indexed at origination and may have fixed rates for three to ten years, then adjust annually thereafter. 

At June 30, 2017, residential mortgage loans included $192 million of loans guaranteed by U.S. government agencies previously sold into GNMA mortgage pools. These loans either have been repurchased or are eligible to be repurchased by the Company when certain defined delinquency criteria are met. Although payments on these loans generally are past due more than 90 days, interest continues to accrue based on the government guarantee.

Home equity loans totaled $758 million at June 30, 2017. Approximately 65 percent of the home equity loan portfolio is comprised of first lien loans and 35 percent of the home equity portfolio is comprised of junior lien loans. Junior lien loans are distributed 49 percent to amortizing term loans and 51 percent to revolving lines of credit. Home equity loans generally require a minimum FICO score of 700 and a maximum DTI of 40 percent. The maximum loan amount available for our home equity loan products is generally $400 thousand. Revolving loans have a 5 year revolving period followed by a 15 year term of amortizing repayments. Interest-only home equity loans may not be extended for any additional revolving time. All other home equity loans may be extended at management's discretion for an additional 5 year revolving term, subject to an update of certain credit information.

Credit Commitments
 
Commitments to extend credit are agreements to lend to a customer as long as there is no violation of conditions established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. At June 30, 2017, outstanding commitments totaled $9.6 billion. Because some commitments are expected to expire before being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. BOK Financial uses the same credit policies in making commitments as it does loans.

The amount of collateral obtained, if deemed necessary, is based upon management’s credit evaluation of the borrower.

Standby letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party. Because the credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loan commitments, BOK Financial uses the same credit policies in evaluating the creditworthiness of the customer. Additionally, BOK Financial uses the same evaluation process in obtaining collateral on standby letters of credit as it does for loan commitments. The term of these standby letters of credit is defined in each commitment and typically corresponds with the underlying loan commitment. At June 30, 2017, outstanding standby letters of credit totaled $615 million. Commercial letters of credit are used to facilitate customer trade transactions with the drafts being drawn when the underlying transaction is consummated. At June 30, 2017, outstanding commercial letters of credit totaled $3.2 million.

Allowances for Credit Losses

BOK Financial maintains an allowance for loan losses and an accrual for off-balance sheet credit risk. The accrual for off-balance sheet credit risk is maintained at a level that is appropriate to cover estimated losses associated with credit instruments that are not currently recognized as assets such as loan commitments, standby letters of credit or guarantees. As discussed in greater detail in Note 6, the Company also has separate accruals for off-balance sheet credit risk related to residential mortgage loans previously sold with full or partial recourse and for residential mortgage loans sold to government sponsored agencies under standard representations and warranties.

The appropriateness of the allowance for loan losses and accrual for off-balance sheet credit losses (collectively "allowance for credit losses") is assessed by management based on an ongoing quarterly evaluation of the probable estimated losses inherent in the portfolio, including probable losses on both outstanding loans and unused commitments.

The allowance for loan losses consists of specific allowances attributed to impaired loans that have not yet been charged down to amounts we expect to recover, general allowances for unimpaired loans based on estimated loss rates by loan class and nonspecific allowances based on general economic conditions, risk concentration and related factors. There have been no material changes in the approach or techniques utilized in developing the allowance for loan losses and the accrual for off-balance sheet credit losses for the three and six months ended June 30, 2017.

Loans are considered to be impaired when it becomes probable that BOK Financial will be unable to collect all amounts due according to the contractual terms of the loan agreements. Internally risk graded loans are evaluated individually for impairment. Substantially all commercial and commercial real estate loans and certain residential mortgage and consumer loans are risk graded based on evaluation of the borrowers' ability to repay. Certain commercial loans and most residential mortgage and consumer loans are small balance, homogeneous pools of loans that are not risk graded. Non-risk graded loans are identified as impaired based on performance status. Generally, non-risk graded loans 90 days or more past due or modified in a TDR or in bankruptcy are considered to be impaired.

Specific allowances for impaired loans are measured by an evaluation of estimated future cash flows discounted at the loans’ initial effective interest rate or the fair value of collateral for certain collateral dependent loans. Collateral value of real property is generally based on third party appraisals that conform to Uniform Standards of Professional Appraisal Practice, less estimated selling costs. Appraised values are on an "as-is" basis and are generally not adjusted by the Company. Updated appraisals are obtained at least annually or more frequently if market conditions indicate collateral values have declined. Collateral value of mineral rights is generally determined by our internal staff of engineers based on projected cash flows under current market conditions. Collateral values and available cash resources that support impaired loans are evaluated quarterly. Historical statistics may be used as a practical way to estimate impairment in limited situations, such as when a collateral dependent loan is identified as impaired at the end of a reporting period, until an updated appraisal of collateral value is received or a full assessment of future cash flows is completed. Estimates of future cash flows and collateral values require significant judgments and may be volatile.

General allowances for unimpaired loans are based on estimated loss rates by loan class. The gross loss rate for each loan class is determined by the greater of the current gross loss rate based on the most recent twelve months or a ten-year gross loss rate. Recoveries are not directly considered in the estimation of loss rates. Recoveries generally do not follow predictable patterns and are not received until well after the charge-off date as a result of protracted legal actions. For risk graded loans, gross loss rates are adjusted for changes in risk grading. For each loan class, the current weighted average risk grade is compared to the long-term average risk grade. This comparison determines whether credit risk in each loan class is increasing or decreasing. Loss rates are adjusted upward or downward in proportion to changes in average risk grading. General allowances for unimpaired loans also consider inherent risks identified for each loan class. Inherent risks consider loss rates that most appropriately represent the current credit cycle and other factors attributable to specific loan classes which have not yet been represented in the gross loss rates or risk grading. These factors include changes in commodity prices or engineering imprecision, which may affect the value of reserves that secure our energy loan portfolio, construction risk that may affect commercial real estate loans, changes in regulations and public policy that may disproportionately impact health care loans and changes in loan products.

Nonspecific allowances are maintained for risks beyond factors specific to a particular loan or loan class. These factors include trends in the economy of our primary lending areas, concentrations in large balance loans and other relevant factors.

An accrual for off-balance sheet credit losses is included in Other liabilities in the Consolidated Balance Sheets. The appropriateness of this accrual is determined in the same manner as the allowance for loan losses.

A provision for credit losses is charged against or credited to earnings in amounts necessary to maintain an appropriate allowance for credit losses. Recoveries of loans previously charged off are added to the allowance when received.

The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the three months ended June 30, 2017 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
137,616

 
$
58,343

 
$
18,177

 
$
7,247

 
$
27,327

 
$
248,710

Provision for loan losses
 
1,546

 
105

 
(47
)
 
1,358

 
47

 
3,009

Loans charged off
 
(1,703
)
 
(76
)
 
(40
)
 
(1,053
)
 

 
(2,872
)
Recoveries
 
283

 
208

 
169

 
554

 

 
1,214

Ending balance
 
$
137,742

 
$
58,580

 
$
18,259

 
$
8,106

 
$
27,374

 
$
250,061

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
9,288

 
$
106

 
$
40

 
$
6

 
$

 
$
9,440

Provision for off-balance sheet credit losses
 
(2,987
)
 
(22
)
 
(2
)
 
2

 

 
(3,009
)
Ending balance
 
$
6,301

 
$
84

 
$
38

 
$
8

 
$

 
$
6,431

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
(1,441
)
 
$
83

 
$
(49
)
 
$
1,360

 
$
47

 
$

The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the six months ended June 30, 2017 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
140,213

 
$
50,749

 
$
18,224

 
$
8,773

 
$
28,200

 
$
246,159

Provision for loan losses
 
(1,809
)
 
6,964

 
(86
)
 
570

 
(826
)
 
4,813

Loans charged off
 
(2,127
)
 
(76
)
 
(276
)
 
(2,546
)
 

 
(5,025
)
Recoveries
 
1,465

 
943

 
397

 
1,309

 

 
4,114

Ending balance
 
$
137,742

 
$
58,580

 
$
18,259

 
$
8,106

 
$
27,374

 
$
250,061

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
11,063

 
$
123

 
$
50

 
$
8

 
$

 
$
11,244

Provision for off-balance sheet credit losses
 
(4,762
)
 
(39
)
 
(12
)
 

 

 
(4,813
)
Ending balance
 
$
6,301

 
$
84

 
$
38

 
$
8

 
$

 
$
6,431

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
(6,571
)
 
$
6,925

 
$
(98
)
 
$
570

 
$
(826
)
 
$


The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the three months ended June 30, 2016 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
139,793

 
$
44,453

 
$
18,467

 
$
5,022

 
$
25,421

 
$
233,156

Provision for loan losses
 
12,478

 
2,010

 
368

 
1,443

 
1,263

 
17,562

Loans charged off
 
(7,355
)
 

 
(345
)
 
(1,145
)
 

 
(8,845
)
Recoveries
 
223

 
282

 
200

 
681

 

 
1,386

Ending balance
 
$
145,139

 
$
46,745

 
$
18,690

 
$
6,001

 
$
26,684

 
$
243,259

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
6,319

 
$
228

 
$
58

 
$
2

 
$

 
$
6,607

Provision for off-balance sheet credit losses
 
2,433

 
(25
)
 
4

 
26

 

 
2,438

Ending balance
 
$
8,752

 
$
203

 
$
62

 
$
28

 
$

 
$
9,045

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
14,911

 
$
1,985

 
$
372

 
$
1,469

 
$
1,263

 
$
20,000


The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the six months ended June 30, 2016 is summarized as follows (in thousands):

 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
130,334

 
$
41,391

 
$
19,509

 
$
4,164

 
$
30,126

 
$
225,524

Provision for loan losses
 
43,575

 
4,987

 
(363
)
 
2,909

 
(3,442
)
 
47,666

Loans charged off
 
(29,481
)
 

 
(819
)
 
(2,536
)
 

 
(32,836
)
Recoveries
 
711

 
367

 
363

 
1,464

 

 
2,905

Ending balance
 
$
145,139

 
$
46,745

 
$
18,690

 
$
6,001

 
$
26,684

 
$
243,259

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
1,506

 
$
153

 
$
30

 
$
22

 
$

 
$
1,711

Provision for off-balance sheet credit losses
 
7,246

 
50

 
32

 
6

 

 
7,334

Ending balance
 
$
8,752

 
$
203

 
$
62

 
$
28

 
$

 
$
9,045

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
50,821

 
$
5,037

 
$
(331
)
 
$
2,915

 
$
(3,442
)
 
$
55,000



The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at June 30, 2017 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,440,798

 
$
128,049

 
$
197,157

 
$
9,693

 
$
10,637,955

 
$
137,742

Commercial real estate
 
3,684,817

 
58,580

 
3,775

 

 
3,688,592

 
58,580

Residential mortgage
 
1,894,963

 
18,259

 
44,235

 

 
1,939,198

 
18,259

Personal
 
917,628

 
8,106

 
272

 

 
917,900

 
8,106

Total
 
16,938,206

 
212,994

 
245,439

 
9,693

 
17,183,645

 
222,687

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
27,374

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,938,206

 
$
212,994

 
$
245,439

 
$
9,693

 
$
17,183,645

 
$
250,061


The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at December 31, 2016 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,211,871

 
$
139,416

 
$
178,953

 
$
797

 
$
10,390,824

 
$
140,213

Commercial real estate
 
3,803,525

 
50,749

 
5,521

 

 
3,809,046

 
50,749

Residential mortgage
 
1,903,612

 
18,178

 
46,220

 
46

 
1,949,832

 
18,224

Personal
 
839,668

 
8,773

 
290

 

 
839,958

 
8,773

Total
 
16,758,676

 
217,116

 
230,984

 
843

 
16,989,660

 
217,959

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
28,200

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,758,676

 
$
217,116

 
$
230,984

 
$
843

 
$
16,989,660

 
$
246,159


The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at June 30, 2016 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,174,448

 
$
140,911

 
$
181,989

 
$
4,228

 
$
10,356,437

 
$
145,139

Commercial real estate
 
3,574,186

 
46,727

 
7,780

 
18

 
3,581,966

 
46,745

Residential mortgage
 
1,823,862

 
18,626

 
57,061

 
64

 
1,880,923

 
18,690

Personal
 
587,069

 
6,001

 
354

 

 
587,423

 
6,001

Total
 
16,159,565

 
212,265

 
247,184

 
4,310

 
16,406,749

 
216,575

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
26,684

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,159,565

 
$
212,265

 
$
247,184

 
$
4,310

 
$
16,406,749

 
$
243,259


Credit Quality Indicators

The Company utilizes loan class and risk grading as primary credit quality indicators. Substantially all commercial and commercial real estate loans and certain residential mortgage and consumer loans are risk graded based on a quarterly evaluation of the borrowers’ ability to repay the loans. Certain commercial loans and most residential mortgage and consumer loans are small, homogeneous pools that are not risk graded. 

The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at June 30, 2017 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,612,477

 
$
136,819

 
$
25,478

 
$
923

 
$
10,637,955

 
$
137,742

Commercial real estate
 
3,688,592

 
58,580

 

 

 
3,688,592

 
58,580

Residential mortgage
 
216,007

 
2,976

 
1,723,191

 
15,283

 
1,939,198

 
18,259

Personal
 
824,318

 
5,742

 
93,582

 
2,364

 
917,900

 
8,106

Total
 
15,341,394

 
204,117

 
1,842,251

 
18,570

 
17,183,645

 
222,687

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
27,374

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
15,341,394

 
$
204,117

 
$
1,842,251

 
$
18,570

 
$
17,183,645

 
$
250,061

 
The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at December 31, 2016 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,360,725

 
$
139,293

 
$
30,099

 
$
920

 
$
10,390,824

 
$
140,213

Commercial real estate
 
3,809,046

 
50,749

 

 

 
3,809,046

 
50,749

Residential mortgage
 
243,703

 
2,893

 
1,706,129

 
15,331

 
1,949,832

 
18,224

Personal
 
744,602

 
5,035

 
95,356

 
3,738

 
839,958

 
8,773

Total
 
15,158,076

 
197,970

 
1,831,584

 
19,989

 
16,989,660

 
217,959

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
28,200

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
15,158,076

 
$
197,970

 
$
1,831,584

 
$
19,989

 
$
16,989,660

 
$
246,159


The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at June 30, 2016 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,331,701

 
$
144,217

 
$
24,736

 
$
922

 
$
10,356,437

 
$
145,139

Commercial real estate
 
3,581,966

 
46,745

 

 

 
3,581,966

 
46,745

Residential mortgage
 
202,520

 
2,995

 
1,678,403

 
15,695

 
1,880,923

 
18,690

Personal
 
500,240

 
3,624

 
87,183

 
2,377

 
587,423

 
6,001

Total
 
14,616,427

 
197,581

 
1,790,322

 
18,994

 
16,406,749

 
216,575

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
26,684

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,616,427

 
$
197,581

 
$
1,790,322

 
$
18,994

 
$
16,406,749

 
$
243,259



Loans are considered to be performing if they are in compliance with the original terms of the agreement and currently exhibit no factors that cause management to have doubts about the borrowers' ability to remain in compliance with the original terms of the agreement, which is consistent with the regulatory guideline of “pass.” Performing loans also include past due residential mortgages that are guaranteed by agencies of the U.S. government that continue to accrue interest based on criteria of the guarantors' programs. Other loans especially mentioned are currently performing in compliance with the original terms of the agreement but may have a potential weakness that deserves management’s close attention, consistent with regulatory guidelines. 

The risk grading process identified certain loans that have a well-defined weakness (e.g. inadequate debt service coverage or liquidity or marginal capitalization; repayment may depend on collateral or other risk mitigation) that may jeopardize liquidation of the debt and represent a greater risk due to deterioration in the financial condition of the borrower. This is consistent with the regulatory guideline for “substandard.” Because the borrowers are still performing in accordance with the original terms of the loan agreements, these loans were not placed in nonaccruing status. 

Nonaccruing loans represent loans for which full collection of principal and interest is uncertain. This is substantially the same criteria used to determine whether a loan is impaired and includes certain loans considered “substandard” and all loans considered “doubtful” by regulatory guidelines.

The following table summarizes the Company’s loan portfolio at June 30, 2017 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,376,368

 
$
120,473

 
$
226,407

 
$
123,992

 
$

 
$

 
$
2,847,240

Services
 
2,921,510

 
12,452

 
17,111

 
7,754

 

 

 
2,958,827

Wholesale/retail
 
1,507,063

 
16,224

 
9,788

 
10,620

 

 

 
1,543,695

Manufacturing
 
513,442

 
6,540

 
16,499

 
9,656

 

 

 
546,137

Healthcare
 
2,130,339

 
33,554

 
33,120

 
24,505

 

 

 
2,221,518

Other commercial and industrial
 
453,712

 
2,961

 
17,861

 
20,526

 
25,374

 
104

 
520,538

Total commercial
 
9,902,434

 
192,204

 
320,786

 
197,053

 
25,374

 
104

 
10,637,955

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
138,790

 

 
751

 
2,051

 

 

 
141,592

Retail
 
720,730

 
1,774

 

 
301

 

 

 
722,805

Office
 
859,722

 
2,855

 

 
396

 

 

 
862,973

Multifamily
 
947,950

 

 
4,420

 
10

 

 

 
952,380

Industrial
 
693,635

 

 

 

 

 

 
693,635

Other commercial real estate
 
314,187

 

 
3

 
1,017

 

 

 
315,207

Total commercial real estate
 
3,675,014

 
4,629

 
5,174

 
3,775

 

 

 
3,688,592

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
212,563

 
1,693

 
478

 
1,273

 
750,891

 
22,142

 
989,040

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
182,677

 
9,052

 
191,729

Home equity
 

 

 

 

 
746,661

 
11,768

 
758,429

Total residential mortgage
 
212,563

 
1,693

 
478

 
1,273

 
1,680,229

 
42,962

 
1,939,198

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
823,304

 
49

 
877

 
88

 
93,398

 
184

 
917,900

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,613,315

 
$
198,575

 
$
327,315

 
$
202,189

 
$
1,799,001

 
$
43,250

 
$
17,183,645



The following table summarizes the Company’s loan portfolio at December 31, 2016 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
1,937,790

 
$
119,583

 
$
307,996

 
$
132,499

 
$

 
$

 
$
2,497,868

Services
 
3,052,002

 
10,960

 
37,855

 
8,173

 

 

 
3,108,990

Wholesale/retail
 
1,535,463

 
16,886

 
13,062

 
11,407

 

 

 
1,576,818

Manufacturing
 
468,314

 
26,532

 
15,198

 
4,931

 

 

 
514,975

Healthcare
 
2,140,458

 
44,472

 
16,161

 
825

 

 

 
2,201,916

Other commercial and industrial
 
433,789

 
5,309

 

 
21,060

 
30,041

 
58

 
490,257

Total commercial
 
9,567,816

 
223,742

 
390,272

 
178,895

 
30,041

 
58

 
10,390,824

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
131,630

 

 
470

 
3,433

 

 

 
135,533

Retail
 
756,418

 
4,745

 
399

 
326

 

 

 
761,888

Office
 
798,462

 

 

 
426

 

 

 
798,888

Multifamily
 
898,800

 

 
4,434

 
38

 

 

 
903,272

Industrial
 
871,673

 

 

 
76

 

 

 
871,749

Other commercial real estate
 
336,488

 

 
6

 
1,222

 

 

 
337,716

Total commercial real estate
 
3,793,471

 
4,745

 
5,309

 
5,521

 

 

 
3,809,046

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
238,769

 
1,186

 
2,331

 
1,417

 
741,679

 
21,438

 
1,006,820

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
187,541

 
11,846

 
199,387

Home equity
 

 

 

 

 
732,106

 
11,519

 
743,625

Total residential mortgage
 
238,769

 
1,186

 
2,331

 
1,417

 
1,661,326

 
44,803

 
1,949,832

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
743,451

 

 
1,054

 
97

 
95,163

 
193

 
839,958

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,343,507

 
$
229,673

 
$
398,966

 
$
185,930

 
$
1,786,530

 
$
45,054

 
$
16,989,660


The following table summarizes the Company’s loan portfolio at June 30, 2016 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,031,955

 
$
197,531

 
$
421,025

 
$
168,145

 
$

 
$

 
$
2,818,656

Services
 
2,805,307

 
6,253

 
9,916

 
9,388

 

 

 
2,830,864

Wholesale/retail
 
1,478,966

 
24,595

 
26,624

 
2,772

 

 

 
1,532,957

Manufacturing
 
556,741

 
18,757

 
19,612

 
293

 

 

 
595,403

Healthcare
 
2,011,934

 
29,420

 
8,917

 
875

 

 

 
2,051,146

Other commercial and industrial
 
478,169

 
24,053

 

 
453

 
24,673

 
63

 
527,411

Total commercial
 
9,363,072

 
300,609

 
486,094

 
181,926

 
24,673

 
63

 
10,356,437

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
152,343

 

 
972

 
4,261

 

 

 
157,576

Retail
 
787,779

 
5,962

 
413

 
1,265

 

 

 
795,419

Office
 
767,296

 
906

 
304

 
606

 

 

 
769,112

Multifamily
 
781,058

 

 
6,077

 
65

 

 

 
787,200

Industrial
 
645,510

 

 

 
76

 

 

 
645,586

Other commercial real estate
 
425,558

 

 
8

 
1,507

 

 

 
427,073

Total commercial real estate
 
3,559,544

 
6,868

 
7,774

 
7,780

 

 

 
3,581,966

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
194,962

 
1,197

 
3,406

 
2,955

 
742,214

 
24,273

 
969,007

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
172,991

 
19,741

 
192,732

Home equity
 

 

 

 

 
709,092

 
10,092

 
719,184

Total residential mortgage
 
194,962

 
1,197

 
3,406

 
2,955

 
1,624,297

 
54,106

 
1,880,923

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
496,534

 

 
3,590

 
116

 
86,945

 
238

 
587,423

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
13,614,112

 
$
308,674

 
$
500,864

 
$
192,777

 
$
1,735,915

 
$
54,407

 
$
16,406,749




Impaired Loans

Loans are considered to be impaired when it is probable that the Company will not be able to collect all amounts due according to the contractual terms of the loan agreement. This includes all nonaccruing loans, all loans modified in a TDR and all loans repurchased from GNMA pools.

A summary of impaired loans follows (in thousands):
 
As of
 
For the
 
For the
 
June 30, 2017
 
Three Months Ended
 
Six Months Ended
 
 
 
Recorded Investment
 
 
 
June 30, 2017
 
June 30, 2017
 
Unpaid
Principal
Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
 
Average Recorded
Investment
 
Interest Income Recognized
 
Average Recorded
Investment
 
Interest Income Recognized
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$
141,091

 
$
123,992

 
$
56,988

 
$
67,004

 
$
8,874

 
$
117,209

 
$

 
$
128,246

 
$

Services
11,209

 
7,754

 
7,754

 

 

 
7,734

 

 
7,964

 

Wholesale/retail
17,392

 
10,620

 
10,620

 

 

 
10,855

 

 
11,013

 

Manufacturing
10,223

 
9,656

 
9,656

 

 

 
7,781

 

 
7,293

 

Healthcare
24,795

 
24,505

 
18,883

 
5,622

 
802

 
12,707

 

 
12,665

 

Other commercial and industrial
28,933

 
20,630

 
20,609

 
21

 
17

 
20,706

 

 
20,874

 

Total commercial
233,643

 
197,157

 
124,510

 
72,647

 
9,693

 
176,992

 

 
188,055

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
3,676

 
2,051

 
2,051

 

 

 
2,334

 

 
2,742

 

Retail
518

 
301

 
301

 

 

 
308

 

 
314

 

Office
499

 
396

 
396

 

 

 
404

 

 
411

 

Multifamily
1,000

 
10

 
10

 

 

 
17

 

 
24

 

Industrial

 

 

 

 

 
38

 

 
38

 

Other commercial real estate
1,212

 
1,017

 
1,017

 

 

 
1,024

 

 
1,119

 

Total commercial real estate
6,905

 
3,775

 
3,775

 

 

 
4,125

 

 
4,648

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
28,603

 
23,415

 
23,415

 

 

 
23,801

 
307

 
23,135

 
598

Permanent mortgage guaranteed by U.S. government agencies1
197,659

 
191,729

 
191,729

 

 

 
202,946

 
2,021

 
205,159

 
3,925

Home equity
13,064

 
11,768

 
11,768

 

 

 
11,776

 

 
11,643

 

Total residential mortgage
239,326

 
226,912

 
226,912

 

 

 
238,523

 
2,328

 
239,937

 
4,523

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
307

 
272

 
272

 

 

 
253

 

 
281

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
480,181

 
$
428,116

 
$
355,469

 
$
72,647

 
$
9,693

 
$
419,893

 
$
2,328

 
$
432,921

 
$
4,523

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2017, $9.1 million of these loans were nonaccruing and $183 million were accruing based on the guarantee by U.S. government agencies.

Generally, no interest income is recognized on impaired loans until all principal balances, including amounts charged-off, are recovered.

A summary of impaired loans at December 31, 2016 follows (in thousands): 
 
 
 
 
Recorded Investment
 
 
Unpaid
Principal
Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
Commercial:
 
 
 
 
 
 
 
 
 
 
Energy
 
$
146,897

 
$
132,499

 
$
121,418

 
$
11,081

 
$
762

Services
 
11,723

 
8,173

 
8,173

 

 

Wholesale/retail
 
17,669

 
11,407

 
11,407

 

 

Manufacturing
 
5,320

 
4,931

 
4,931

 

 

Healthcare
 
1,147

 
825

 
825

 

 

Other commercial and industrial
 
29,006

 
21,118

 
21,083

 
35

 
35

Total commercial
 
211,762

 
178,953

 
167,837

 
11,116

 
797

 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
4,951

 
3,433

 
3,433

 

 

Retail
 
530

 
326

 
326

 

 

Office
 
521

 
426

 
426

 

 

Multifamily
 
1,000

 
38

 
38

 

 

Industrial
 
76

 
76

 
76

 

 

Other commercial real estate
 
7,349

 
1,222

 
1,222

 

 

Total commercial real estate
 
14,427

 
5,521

 
5,521

 

 

 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
28,830

 
22,855

 
22,809

 
46

 
46

Permanent mortgage guaranteed by U.S. government agencies1
 
205,564

 
199,387

 
199,387

 

 

Home equity
 
12,611

 
11,519

 
11,519

 

 

Total residential mortgage
 
247,005

 
233,761

 
233,715

 
46

 
46

 
 
 
 
 
 
 
 
 
 
 
Personal
 
332

 
290

 
290

 

 

 
 
 
 
 
 
 
 
 
 
 
Total
 
$
473,526

 
$
418,525

 
$
407,363

 
$
11,162

 
$
843

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At December 31, 2016, $12 million of these loans were nonaccruing and $188 million were accruing based on the guarantee by U.S. government agencies.

A summary of impaired loans at June 30, 2016 follows (in thousands): 
 
 
 
For the
 
For the
 
As of June 30, 2016
 
Three Months Ended
 
Six Months Ended
 
 
 
Recorded Investment
 
 
 
June 30, 2016
 
June 30, 2016
 
Unpaid Principal Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
 
Average Recorded
Investment
 
Interest Income Recognized
 
Average Recorded
Investment
 
Interest Income Recognized
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$
202,369

 
$
168,145

 
$
136,264

 
$
31,881

 
$
4,228

 
$
163,849

 
$

 
$
97,923

 
$

Services
12,780

 
9,388

 
9,388

 

 

 
9,450

 

 
9,839

 

Wholesale/retail
8,697

 
2,772

 
2,772

 

 

 
3,229

 

 
2,846

 

Manufacturing
650

 
293

 
293

 

 

 
303

 

 
312

 

Healthcare
1,175

 
875

 
875

 

 

 
949

 

 
973

 

Other commercial and industrial
8,186

 
516

 
516

 

 

 
542

 

 
569

 

Total commercial
233,857

 
181,989

 
150,108

 
31,881

 
4,228

 
178,322

 

 
112,462

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 

Residential construction and land development
7,177

 
4,261

 
4,261

 

 

 
4,525

 

 
4,335

 

Retail
1,914

 
1,265

 
1,265

 

 

 
1,283

 

 
1,292

 

Office
907

 
606

 
606

 

 

 
618

 

 
628

 

Multifamily
1,000

 
65

 
65

 

 

 
157

 

 
169

 

Industrial
76

 
76

 
76

 

 

 
76

 

 
76

 

Other commercial real estate
7,445

 
1,507

 
1,355

 
152

 
18

 
1,865

 

 
1,890

 

Total commercial real estate
18,519

 
7,780

 
7,628

 
152

 
18

 
8,524

 

 
8,390

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 

Permanent mortgage
33,793

 
27,228

 
27,117

 
111

 
64

 
27,362

 
304

 
28,106

 
631

Permanent mortgage guaranteed by U.S. government agencies1
198,534

 
192,732

 
192,732

 

 

 
191,430

 
2,023

 
195,563

 
3,795

Home equity
10,964

 
10,092

 
10,092

 

 

 
10,311

 

 
10,224

 

Total residential mortgage
243,291

 
230,052

 
229,941

 
111

 
64

 
229,103

 
2,327

 
233,893

 
4,426

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
1,174

 
354

 
354

 

 

 
342

 

 
409

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
496,841

 
$
420,175

 
$
388,031

 
$
32,144

 
$
4,310

 
$
416,291

 
$
2,327

 
$
355,154

 
$
4,426

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2016, $20 million of these loans were nonaccruing and $173 million were accruing based on the guarantee by U.S. government agencies.

Troubled Debt Restructurings

A summary of troubled debt restructurings ("TDRs") by accruing status as of June 30, 2017 is as follows (in thousands):
 
 
As of June 30, 2017
 
Amounts Charged Off During:
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
 
Three Months Ended June 30, 2017
 
Six Months Ended
June 30, 2017
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
22,466

 
$
12,692

 
$
9,774

 
$
4,308

 
$

 
$

Services
 
7,208

 
6,561

 
647

 

 
3

 
3

Wholesale/retail
 
10,524

 
10,524

 

 

 

 

Manufacturing
 
195

 
195

 

 

 

 

Healthcare
 

 

 

 

 

 

Other commercial and industrial
 
20,531

 
35

 
20,496

 

 

 

Total commercial
 
60,924

 
30,007

 
30,917

 
4,308

 
3

 
3

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
381

 
145

 
236

 

 

 

Retail
 
301

 
301

 

 

 

 

Office
 
121

 

 
121

 

 

 

Multifamily
 

 

 

 

 

 

Industrial
 

 

 

 

 

 

Other commercial real estate
 
365

 
365

 

 

 

 

Total commercial real estate
 
1,168

 
811

 
357

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
14,284

 
9,939

 
4,345

 

 

 

Permanent mortgage guaranteed by U.S. government agencies
 
5,962

 
1,176

 
4,786

 

 

 

Home equity
 
5,549

 
4,239

 
1,310

 

 

 
31

Total residential mortgage
 
25,795

 
15,354

 
10,441

 

 

 
31

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
228

 
228

 

 

 
7

 
8

 
 
 
 
 
 
 
 
 
 
 
 
 
Total nonaccruing TDRs
 
$
88,115

 
$
46,400

 
$
41,715

 
$
4,308

 
$
10

 
$
42

 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
80,624

 
24,506

 
56,118

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
168,739

 
$
70,906

 
$
97,833

 
$
4,308

 
$
10

 
$
42

A summary of troubled debt restructurings by accruing status as of December 31, 2016 is as follows (in thousands):
 
 
As of
 
 
December 31, 2016
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
Energy
 
$
16,893

 
$
10,867

 
$
6,026

 
$

Services
 
7,527

 
6,830

 
697

 

Wholesale/retail
 
11,291

 
11,251

 
40

 

Manufacturing
 
224

 
224

 

 

Healthcare
 
607

 

 
607

 

Other commercial and industrial
 
337

 
53

 
284

 

Total commercial
 
36,879

 
29,225

 
7,654

 

 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

Residential construction and land development
 
690

 
97

 
593

 

Retail
 
326

 
326

 

 

Office
 
143

 
143

 

 

Multifamily
 

 

 

 

Industrial
 

 

 

 

Other commercial real estate
 
548

 
548

 

 

Total commercial real estate
 
1,707

 
1,114

 
593

 

 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

Permanent mortgage
 
14,876

 
10,175

 
4,701

 
46

Permanent mortgage guaranteed by U.S. government agencies
 
6,702

 
2,241

 
4,461

 

Home equity
 
5,346

 
4,458

 
888

 

Total residential mortgage
 
26,924

 
16,874

 
10,050

 
46

 
 
 
 
 
 
 
 
 
Personal
 
237

 
236

 
1

 

 
 
 
 
 
 
 
 
 
Total nonaccuring TDRs
 
$
65,747

 
$
47,449

 
$
18,298

 
$
46

 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
81,370

 
27,289

 
54,081

 

 
 
 
 
 
 
 
 
 
Total TDRs
 
$
147,117

 
$
74,738

 
$
72,379

 
$
46


A summary of troubled debt restructurings by accruing status as of June 30, 2016 is as follows (in thousands):
 
 
As of June 30, 2016
 
Amounts Charged Off During:
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,246

 
$

 
$
2,246

 
$

 
$
500

 
$
500

Services
 
8,610

 
7,853

 
757

 

 

 

Wholesale/retail
 
2,467

 
2,427

 
40

 

 

 

Manufacturing
 
253

 
253

 

 

 

 

Healthcare
 
640

 
640

 

 

 

 

Other commercial and industrial
 
516

 
63

 
453

 

 

 
57

Total commercial
 
14,732

 
11,236

 
3,496

 

 
500

 
557

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
1,601

 
1,079

 
522

 

 

 

Retail
 
1,264

 
907

 
357

 

 

 

Office
 
152

 
152

 

 

 

 

Multifamily
 

 

 

 

 

 

Industrial
 

 

 

 

 

 

Other commercial real estate
 
793

 
372

 
421

 

 

 

Total commercial real estate
 
3,810

 
2,510

 
1,300

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
17,367

 
12,462

 
4,905

 
64

 
37

 
52

Permanent mortgage guaranteed by U.S. government agencies
 
9,709

 
2,024

 
7,685

 

 

 

Home equity
 
4,763

 
4,139

 
624

 

 
60

 
126

Total residential mortgage
 
31,839

 
18,625

 
13,214

 
64

 
97

 
178

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
298

 
276

 
22

 

 
3

 
9

 
 
 
 
 
 
 
 
 
 
 
 
 
Total nonaccruing TDRs
 
$
50,679

 
$
32,647

 
$
18,032

 
$
64

 
$
600

 
$
744

 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
78,806

 
27,999

 
50,807

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
129,485

 
$
60,646

 
$
68,839

 
$
64

 
$
600

 
$
744

Troubled debt restructurings generally consist of interest rate concessions, payment stream concessions or a combination of concessions to distressed borrowers. The following tables detail the recorded balance of loans at June 30, 2017 by class that were restructured during the three months ended June 30, 2017 by primary type of concession (in thousands):

 
Three Months Ended
June 30, 2017
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$

 
$

 
$

 
$

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 
626

 
626

 
626

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 
20,242

 

 
20,242

 
20,242

Total commercial

 

 

 
20,242

 
626

 
20,868

 
20,868

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
138

 
53

 
191

 
191

Permanent mortgage guaranteed by U.S. government agencies
10,410

 
1,568

 
11,978

 
223

 

 
223

 
12,201

Home equity

 

 

 
26

 
559

 
585

 
585

Total residential mortgage
10,410

 
1,568

 
11,978

 
387

 
612

 
999

 
12,977

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
47

 
47

 
47

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
10,410

 
$
1,568

 
$
11,978

 
$
20,629

 
$
1,285

 
$
21,914

 
$
33,892

 
Six Months Ended
June 30, 2017
 
Accruing
Nonaccrual
 
Total
 
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$

 
$

 
$

 
$
13,010

 
$

 
$
13,010

 
$
13,010

Services
 

 

 

 

 

 

 

Wholesale/retail
 

 

 

 

 
626

 
626

 
626

Manufacturing
 

 

 

 

 

 

 

Healthcare
 

 

 

 

 

 

 

Other commercial and industrial
 

 

 

 
20,242

 

 
20,242

 
20,242

Total commercial
 

 

 

 
33,252

 
626

 
33,878

 
33,878

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development
 

 

 

 

 

 

 

Retail
 

 

 

 

 

 

 

Office
 

 

 

 

 

 

 

Multifamily
 

 

 

 

 

 

 

Industrial
 

 

 

 

 

 

 

Other commercial real estate
 

 

 

 

 

 

 

Total commercial real estate
 

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage
 

 

 

 
153

 
84

 
237

 
237

Permanent mortgage guaranteed by U.S. government agencies
 
14,883

 
2,586

 
17,469

 
224

 
85

 
309

 
17,778

Home equity
 

 

 

 
149

 
1,053

 
1,202

 
1,202

Total residential mortgage
 
14,883

 
2,586

 
17,469

 
526

 
1,222

 
1,748

 
19,217

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 

 

 

 

 
51

 
51

 
51

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,883

 
$
2,586

 
$
17,469

 
$
33,778

 
$
1,899

 
$
35,677

 
$
53,146

Troubled debt restructurings generally consist of interest rate concessions, payment stream concessions or a combination of concessions to distressed borrowers. The following tables detail the recorded balance of loans by class that were restructured during three months ended June 30, 2016 by primary type of concession (in thousands):

 
Three Months Ended
June 30, 2016
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$

 
$

 
$

 
$

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

 

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 

 

 

 

Total commercial

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
684

 
1,183

 
1,867

 
1,867

Permanent mortgage guaranteed by U.S. government agencies
2,783

 
4,455

 
7,238

 

 
625

 
625

 
7,863

Home equity

 

 

 
48

 
329

 
377

 
377

Total residential mortgage
2,783

 
4,455

 
7,238

 
732

 
2,137

 
2,869

 
10,107

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
65

 
65

 
65

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
2,783

 
$
4,455

 
$
7,238

 
$
732

 
$
2,202

 
$
2,934

 
$
10,172

 
Six Months Ended
June 30, 2016
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$
501

 
$

 
$
501

 
$
501

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

 

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 

 

 

 

Total commercial

 

 

 
501

 

 
501

 
501

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
1,046

 
1,244

 
2,290

 
2,290

Permanent mortgage guaranteed by U.S. government agencies
6,625

 
7,818

 
14,443

 

 
625

 
625

 
15,068

Home equity

 

 

 
48

 
791

 
839

 
839

Total residential mortgage
6,625

 
7,818

 
14,443

 
1,094

 
2,660

 
3,754

 
18,197

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
72

 
72

 
72

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
6,625

 
$
7,818

 
$
14,443

 
$
1,595

 
$
2,732

 
$
4,327

 
$
18,770

The following table summarizes, by loan class, the recorded investment at June 30, 2017 and 2016, respectively, of loans modified as TDRs within the previous 12 months and for which there was a payment default during the three months ended June 30, 2017 and 2016, respectively (in thousands):

 
Three Months Ended
June 30, 2017
 
Six Months Ended
June 30, 2017
 
Accruing
 
Nonaccrual
 
Total
 
Accruing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$
9,774

 
$
9,774

 
$

 
$
9,774

 
$
9,774

Services

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

Manufacturing

 

 

 

 

 

Healthcare

 

 

 

 

 

Other commercial and industrial

 
20,242

 
20,242

 

 
20,242

 
20,242

Total commercial

 
30,016

 
30,016

 

 
30,016

 
30,016

 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

Retail

 

 

 

 

 

Office

 

 

 

 

 

Multifamily

 

 

 

 

 

Industrial

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 
161

 
161

 

 
161

 
161

Permanent mortgage guaranteed by U.S. government agencies
22,234

 
918

 
23,152

 
22,590

 
918

 
23,508

Home equity

 
1,113

 
1,113

 

 
1,262

 
1,262

Total residential mortgage
22,234

 
2,192

 
24,426

 
22,590

 
2,341

 
24,931

 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
22,234

 
$
32,208

 
$
54,442

 
$
22,590

 
$
32,357

 
$
54,947


A payment default is defined as being 30 days or more past due. The table above includes loans that experienced a payment default during the period, but may be performing in accordance with the modified terms as of the balance sheet date.
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
 
Accruing
 
Nonaccrual
 
Total
 
Accruing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$
2,246

 
$
2,246

 
$

 
$
2,246

 
$
2,246

Services

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

Manufacturing

 

 

 

 

 

Healthcare

 

 

 

 

 

Other commercial and industrial

 

 

 

 

 

Total commercial

 
2,246

 
2,246

 

 
2,246

 
2,246

 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

Retail

 

 

 

 

 

Office

 

 

 

 

 

Multifamily

 

 

 

 

 

Industrial

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 
788

 
788

 

 
1,806

 
1,806

Permanent mortgage guaranteed by U.S. government agencies
18,893

 
1,006

 
19,899

 
20,621

 
1,006

 
21,627

Home equity

 
232

 
232

 

 
232

 
232

Total residential mortgage
18,893

 
2,026

 
20,919

 
20,621

 
3,044

 
23,665

 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
18,893

 
$
4,272

 
$
23,165

 
$
20,621

 
$
5,290

 
$
25,911


Nonaccrual & Past Due Loans

Past due status for all loan classes is based on the actual number of days since the last payment was due according to the contractual terms of the loans.

A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of June 30, 2017 is as follows (in thousands):
 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,723,248

 
$

 
$

 
$

 
$
123,992

 
$
2,847,240

Services
 
2,949,562

 
50

 
180

 
1,281

 
7,754

 
2,958,827

Wholesale/retail
 
1,532,986

 
89

 

 

 
10,620

 
1,543,695

Manufacturing
 
536,481

 

 

 

 
9,656

 
546,137

Healthcare
 
2,196,088

 
925

 

 

 
24,505

 
2,221,518

Other commercial and industrial
 
499,743

 
45

 
119

 
1

 
20,630

 
520,538

Total commercial
 
10,438,108

 
1,109

 
299

 
1,282

 
197,157

 
10,637,955

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 
 
 

 
 

 
 

Residential construction and land development
 
139,070

 
471

 

 

 
2,051

 
141,592

Retail
 
722,504

 

 

 

 
301

 
722,805

Office
 
862,577

 

 

 

 
396

 
862,973

Multifamily
 
952,370

 

 

 

 
10

 
952,380

Industrial
 
693,635

 

 

 

 

 
693,635

Other commercial real estate
 
314,187

 
3

 

 

 
1,017

 
315,207

Total commercial real estate
 
3,684,343

 
474

 

 

 
3,775

 
3,688,592

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 
 
 

 
 

 
 

Permanent mortgage
 
962,443

 
2,024

 
1,026

 
132

 
23,415

 
989,040

Permanent mortgages guaranteed by U.S. government agencies
 
36,867

 
18,416

 
13,581

 
113,813

 
9,052

 
191,729

Home equity
 
744,735

 
1,564

 
362

 

 
11,768

 
758,429

Total residential mortgage
 
1,744,045

 
22,004

 
14,969

 
113,945

 
44,235

 
1,939,198

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
916,852

 
487

 
289

 

 
272

 
917,900

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,783,348

 
$
24,074

 
$
15,557

 
$
115,227

 
$
245,439

 
$
17,183,645


A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of December 31, 2016 is as follows (in thousands):

 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,364,890

 
$
479

 

 
$

 
$
132,499

 
$
2,497,868

Services
 
3,099,605

 
191

 
1,021

 

 
8,173

 
3,108,990

Wholesale/retail
 
1,561,650

 
3,761

 

 

 
11,407

 
1,576,818

Manufacturing
 
509,662

 
382

 

 

 
4,931

 
514,975

Healthcare
 
2,201,050

 

 
41

 

 
825

 
2,201,916

Other commercial and industrial
 
468,981

 
155

 
3

 

 
21,118

 
490,257

Total commercial
 
10,205,838

 
4,968

 
1,065

 

 
178,953

 
10,390,824

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 
 
 

 
 

 
 

Residential construction and land development
 
132,100

 

 

 

 
3,433

 
135,533

Retail
 
761,562

 

 

 

 
326

 
761,888

Office
 
798,462

 

 

 

 
426

 
798,888

Multifamily
 
903,234

 

 

 

 
38

 
903,272

Industrial
 
871,673

 

 

 

 
76

 
871,749

Other commercial real estate
 
336,488

 
6

 

 

 
1,222

 
337,716

Total commercial real estate
 
3,803,519

 
6

 

 

 
5,521

 
3,809,046

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 
 
 

 
 

 
 

Permanent mortgage
 
979,386

 
3,299

 
1,280

 

 
22,855

 
1,006,820

Permanent mortgages guaranteed by U.S. government agencies
 
40,594

 
17,465

 
13,803

 
115,679

 
11,846

 
199,387

Home equity
 
729,493

 
2,276

 
337

 

 
11,519

 
743,625

Total residential mortgage
 
1,749,473

 
23,040

 
15,420

 
115,679

 
46,220

 
1,949,832

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
838,811

 
589

 
263

 
5

 
290

 
839,958

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,597,641

 
$
28,603

 
16,748

 
$
115,684

 
$
230,984

 
$
16,989,660


A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of June 30, 2016 is as follows (in thousands):

 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,647,678

 
$

 

 
$
2,833

 
$
168,145

 
$
2,818,656

Services
 
2,817,217

 
494

 
3,765

 

 
9,388

 
2,830,864

Wholesale/retail
 
1,530,110

 
75

 

 

 
2,772

 
1,532,957

Manufacturing
 
595,110

 

 

 

 
293

 
595,403

Healthcare
 
2,050,271

 

 

 

 
875

 
2,051,146

Other commercial and industrial
 
526,691

 
76

 
82

 
46

 
516

 
527,411

Total commercial
 
10,167,077

 
645

 
3,847

 
2,879

 
181,989

 
10,356,437

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
153,315

 

 

 

 
4,261

 
157,576

Retail
 
794,154

 

 

 

 
1,265

 
795,419

Office
 
768,506

 

 

 

 
606

 
769,112

Multifamily
 
784,826

 
2,309

 

 

 
65

 
787,200

Industrial
 
645,510

 

 

 

 
76

 
645,586

Other commercial real estate
 
425,566

 

 

 

 
1,507

 
427,073

Total commercial real estate
 
3,571,877

 
2,309

 

 

 
7,780

 
3,581,966

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
935,857

 
5,798

 
124

 

 
27,228

 
969,007

Permanent mortgages guaranteed by U.S. government agencies
 
42,019

 
15,349

 
11,869

 
103,754

 
19,741

 
192,732

Home equity
 
707,024

 
1,889

 
159

 
20

 
10,092

 
719,184

Total residential mortgage
 
1,684,900

 
23,036

 
12,152

 
103,774

 
57,061

 
1,880,923

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
586,611

 
400

 
58

 

 
354

 
587,423

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,010,465

 
$
26,390

 
16,057

 
$
106,653

 
$
247,184

 
$
16,406,749

v3.7.0.1
Acquisitions
6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Business Combination Disclosure [Text Block]
Acquisitions

On December 1, 2016, the Company acquired MBT Bancshares (“MBT”), parent company of Missouri Bank and Trust of Kansas City (“Mobank”) following regulatory approval of the transaction. Mobank operated four banking branches in the Kansas City, Mo. area. BOK Financial paid $102.5 million in an all-cash deal for all outstanding shares of MBT stock. MBT was merged into BOK Financial and Mobank became a wholly owned subsidiary of BOK Financial on December 1, 2016. On February 21, 2017, Mobank was merged with the Bank of Kansas City division of BOKF, NA. All branches in the Kansas City market will operate under the Mobank name. The preliminary purchase price allocation was updated in the first quarter of 2017 resulting in a $2.0 million increase in identifiable intangibles, $1.5 million decrease in premises and equipment and other repossessed assets, and a $526 thousand decrease in goodwill.
v3.7.0.1
Mortgage Banking Activities
6 Months Ended
Jun. 30, 2017
Mortgage Banking [Abstract]  
Mortgage Banking Activities [Text Block]
Mortgage Banking Activities

Residential Mortgage Loan Production

The Company originates, markets and services conventional and government-sponsored residential mortgage loans. Generally, conforming fixed rate residential mortgage loans are held for sale in the secondary market and non-conforming and adjustable-rate residential mortgage loans are retained for investment. Residential mortgage loans originated for sale by the Company are carried at fair value based on sales commitments and market quotes. Changes in the fair value of mortgage loans held for sale are included in Other operating revenue – Mortgage banking revenue. Residential mortgage loans held for sale also includes the fair value of residential mortgage loan commitments and forward sale commitments which are considered derivative contracts that have not been designated as hedging instruments for accounting purposes. The volume of mortgage loans originated for sale and secondary market prices are the primary drivers of originating and marketing revenue.

Residential mortgage loan commitments are generally outstanding for 60 to 90 days, which represents the typical period from commitment to originate a residential mortgage loan to when the closed loan is sold to an investor. Residential mortgage loan commitments are subject to both credit and interest rate risk. Credit risk is managed through underwriting policies and procedures, including collateral requirements, which are generally accepted by the secondary loan markets. Exposure to interest rate fluctuations is partially managed through forward sales of residential mortgage-backed securities and forward sales contracts. These latter contracts set the price for loans that will be delivered in the next 60 to 90 days.

The unpaid principal balance of residential mortgage loans held for sale, notional amounts of derivative contracts related to residential mortgage loan commitments and forward contract sales and their related fair values included in Mortgage loans held for sale on the Consolidated Balance Sheets were (in thousands):
 
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
 
 
Unpaid Principal Balance/
Notional
 
Fair Value
 
Unpaid Principal Balance/
Notional
 
Fair Value
 
Unpaid
Principal
 Balance/
Notional
 
Fair Value
Residential mortgage loans held for sale
 
$
269,772

 
$
275,179

 
$
286,414

 
$
286,971

 
$
404,507

 
$
417,542

Residential mortgage loan commitments
 
362,088

 
10,993

 
318,359

 
9,733

 
965,631

 
25,499

Forward sales contracts
 
587,595

 
1,087

 
569,543

 
5,193

 
1,216,966

 
(12,313
)
 
 
 

 
$
287,259

 
 

 
$
301,897

 
 

 
$
430,728



No residential mortgage loans held for sale were 90 days or more past due or considered impaired as of June 30, 2017, December 31, 2016 or June 30, 2016. No credit losses were recognized on residential mortgage loans held for sale for the three and six month periods ended June 30, 2017 and 2016.
Mortgage banking revenue was as follows (in thousands):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Production revenue:
 
 
 
 
 
 
 
 
Net realized gains on sale of mortgage loans
 
$
11,787

 
$
15,865

 
$
20,402

 
$
24,314

Net change in unrealized gain on mortgage loans held for sale
 
985

 
3,884

 
4,827

 
7,167

Net change in the fair value of mortgage loan commitments
 
(3,274
)
 
5,329

 
1,260

 
17,365

Net change in the fair value of forward sales contracts
 
4,342

 
(5,992
)
 
(4,106
)
 
(13,113
)
Total production revenue
 
13,840

 
19,086

 
22,383

 
35,733

Servicing revenue
 
16,436

 
15,798

 
33,084

 
31,251

Total mortgage banking revenue
 
$
30,276

 
$
34,884

 
$
55,467

 
$
66,984



Production revenue includes gain (loss) on residential mortgage loans held for sale and changes in the fair value of derivative contracts not designated as hedging instruments for accounting purposes related to residential mortgage loan commitments and forward sales contracts. Servicing revenue includes servicing fee income and late charges on loans serviced for others.

Residential Mortgage Servicing

Mortgage servicing rights may be originated or purchased. Both originated and purchased mortgage servicing rights are initially recognized at fair value. The Company has elected to carry all mortgage servicing rights at fair value. Changes in the fair value are recognized in earnings as they occur. The unpaid principal balance of loans serviced for others is the primary driver of servicing revenue.

The following represents a summary of mortgage servicing rights (Dollars in thousands):
 
 
June 30,
2017
 
Dec. 31,
2016
 
June 30,
2016
Number of residential mortgage loans serviced for others
 
138,335

 
139,340

 
137,210

Outstanding principal balance of residential mortgage loans serviced for others
 
$
22,095,232

 
$
21,997,568

 
$
21,178,387

Weighted average interest rate
 
3.95
%
 
3.97
%
 
4.06
%
Remaining term (in months)
 
299

 
301

 
301



Activity in capitalized mortgage servicing rights during the three months ended June 30, 2017 was as follows (in thousands):
 
 
Purchased
 
Originated
 
Total
Balance, March 31, 2017
 
$
8,316

 
$
241,087

 
$
249,403

Additions, net
 

 
11,078

 
11,078

Change in fair value due to scheduled payments and full-balance payoffs
 
(464
)
 
(7,835
)
 
(8,299
)
Change in fair value due to market assumption changes
 
143

 
(7,086
)
 
(6,943
)
Balance, June 30, 2017
 
$
7,995

 
$
237,244

 
$
245,239

 
 
Purchased
 
Originated
 
Total
Balance, Dec. 31, 2016
 
$
8,909

 
$
238,164

 
$
247,073

Additions, net
 

 
19,514

 
19,514

Change in fair value due to scheduled payments and full-balance payoffs
 
(973
)
 
(15,288
)
 
(16,261
)
Change in fair value due to market assumption changes
 
59

 
(5,146
)
 
(5,087
)
Balance, June 30, 2017
 
$
7,995

 
$
237,244

 
$
245,239

Activity in capitalized mortgage servicing rights during the three months ended June 30, 2016 was as follows (in thousands):
 
 
Purchased
 
Originated
 
Total
Balance, March 31, 2016
 
$
5,949

 
$
190,106

 
$
196,055

Additions, net
 

 
20,773

 
20,773

Change in fair value due to scheduled payments and full-balance payoffs
 
(730
)
 
(9,068
)
 
(9,798
)
Change in fair value due to market assumption changes
 
(1,152
)
 
(15,131
)
 
(16,283
)
Balance, June 30, 2016
 
$
4,067

 
$
186,680

 
$
190,747


 
 
Purchased
 
Originated
 
Total
Balance, Dec. 31, 2015
 
$
9,911

 
$
208,694

 
$
218,605

Additions, net
 

 
34,355

 
34,355

Change in fair value due to scheduled payments and full-balance payoffs
 
(1,356
)
 
(16,586
)
 
(17,942
)
Change in fair value due to market assumption changes
 
(4,488
)
 
(39,783
)
 
(44,271
)
Balance, June 30, 2016
 
$
4,067

 
$
186,680

 
$
190,747



Changes in the fair value of mortgage servicing rights are included in Other operating revenue in the Consolidated Statements of Earnings. Changes in fair value due to actual loan payments are included in Mortgage banking costs. Changes in fair value due to market assumption changes are reported separately. Changes in fair value due to market assumption changes during the period relate to assets held at the reporting date.

There is no active market for trading in mortgage servicing rights after origination. Fair value is determined by discounting the projected net cash flows. Significant assumptions used to determine fair value based on significant unobservable inputs were as follows:
 
 
June 30,
2017
 
Dec. 31,
2016
 
June 30,
2016
Discount rate – risk-free rate plus a market premium
 
9.84%
 
10.08%
 
10.09%
Prepayment rate - based upon loan interest rate, original term and loan type
 
8.61%-15.91%
 
8.98%-16.91%
 
9.26%-42.77%
Loan servicing costs – annually per loan based upon loan type:
 
 
 
 
 
 
Performing loans
 
$65-$120
 
$63 - $120
 
$63 - $120
Delinquent loans
 
$150-$500
 
$150 - $500
 
$150 - $500
Loans in foreclosure
 
$1,000-$4,250
 
$650 - $4,250
 
$650 - $4,250
Escrow earnings rate – indexed to rates paid on deposit accounts with comparable average life
 
1.95%
 
1.98%
 
0.99%
Primary/secondary mortgage rate spread
 
105 bps
 
105 bps
 
115 bps


Changes in primary residential mortgage interest rates directly affect the prepayment speeds used in valuing our mortgage servicing rights. A separate third party model is used to estimate prepayment speeds based on interest rates, housing turnover rates, estimated loan curtailment, anticipated defaults and other relevant factors. The prepayment model is updated periodically for changes in market conditions and adjusted to better correlate with actual performance of BOK Financial’s servicing portfolio.

The aging status of our mortgage loans serviced for others by investor at June 30, 2017 follows (in thousands):
 
 
 
 
Past Due
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89
Days
 
90 Days or More
 
Total
FHLMC
 
$
8,083,330

 
$
48,659

 
$
12,294

 
$
27,338

 
$
8,171,621

FNMA
 
6,756,211

 
46,918

 
10,679

 
23,981

 
6,837,789

GNMA
 
6,331,439

 
170,889

 
47,335

 
16,082

 
6,565,745

Other
 
514,272

 
3,278

 
932

 
1,595

 
520,077

Total
 
$
21,685,252

 
$
269,744

 
$
71,240

 
$
68,996

 
$
22,095,232


The Company has obligations to repurchase or provide indemnification for residential mortgage loans sold to government sponsored entities due to standard representations and warranties made under contractual agreements and to service loans in accordance with investor guidelines. The Company has established accruals for losses related to these obligations that are included in Other liabilities in the Consolidated Balance Sheets and in Mortgage banking costs in the Consolidated Statements of Earnings. 

The Company repurchased five loans from the agencies for $1.3 million during the second quarter of 2017. There were four indemnifications on loans paid during the second quarter of 2017. Losses recognized on repurchases were insignificant.

A summary of unresolved deficiency requests from the agencies follows (in thousands, except for number of unresolved deficiency requests):
 
June 30,
 
2017
 
2016
Number of unresolved deficiency requests
206

 
211

Aggregate outstanding principal balance subject to unresolved deficiency requests
$
13,370

 
$
15,920

Unpaid principal balance subject to indemnification by the Company
5,074

 
5,519



The activity in the accruals for mortgage losses related to repurchases is summarized as follows (in thousands).
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Beginning balance
$
2,587

 
$
2,974

 
$
2,788

 
$
3,359

Provision for losses
(895
)
 
368

 
(1,094
)
 
250

Charge-offs, net
(45
)
 
(89
)
 
(47
)
 
(356
)
Ending balance
$
1,647


$
3,253


$
1,647


$
3,253

v3.7.0.1
Commitments and Contingent Liabilities
6 Months Ended
Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingent Liabilities [Text Block]
Commitments and Contingent Liabilities

Litigation Contingencies

As a member of Visa, BOK Financial is obligated for a proportionate share of certain covered litigation losses incurred by Visa under a retrospective responsibility plan. A contingent liability was recognized for the Company’s share of Visa’s covered litigation liabilities. Visa funded an escrow account to cover litigation claims, including covered litigation losses under the retrospective responsibility plan, with proceeds from its initial public offering in 2008 and from available cash.
BOK Financial currently owns 252,233 Visa Class B shares which are convertible into 415,755 shares of Visa Class A shares after the final settlement of all covered litigation. Class B shares may be diluted in the future if the escrow fund is not adequate to cover future covered litigation costs. Therefore, no value has been currently assigned to the Class B shares and no value may be assigned until the Class B shares are converted into a known number of Class A shares.
On March 3, 2015, BOKF, NA and the Company were named as defendants in a class action alleging (1) that the manner in which the Bank posted charges to its consumer deposit accounts was improper from September 1, 2011 through July 8, 2014, the period after which the Bank and BOK Financial had settled a class action respecting a similar claim, and before it made changes to its posting order and (2) that the manner in which the Bank posted charges to its small business deposit accounts was improper from July 9, 2009 through July 8, 2014. Following mediation of the case in August 2016, the Class Representatives and the Bank reached a settlement of the action for $7.8 million. The Settlement was approved by the Court in a final order, the Company funded the settlement, and the settlement has been implemented. 
On June 24, 2015, the Bank received a complaint alleging that an employee had colluded with a bond issuer and an individual in misusing revenues pledged to municipal bonds for which the Bank served as trustee under the bond indenture. The Company conducted an investigation and concluded that employees in one of its Corporate Trust offices had, with respect to a single group of affiliated bond issuances, violated Company policies and procedures by waiving financial covenants, granting forbearances and accepting without disclosure to the bondholders, debt service payments from sources other than pledged revenues. The relationship manager was terminated. The Company reported the circumstances to, and cooperated with an investigation by, the Securities and Exchange Commission ("SEC"). On December 28, 2015, in an action brought by the SEC, the United States District Court for the District of New Jersey entered a judgment against the principals involved in issuing the bonds, precluding the principals from denying the alleged violations of the federal securities laws and requiring the principals to pay all outstanding principal, accrued interest, and other amounts required under the bond documents (estimated to be approximately $73 million, less the value of the facilities securing repayment of the bonds), subject to oversight by a court appointed monitor. On September 7, 2016, the Bank agreed, and the SEC entered, a consent order finding that the Bank had violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act and requiring the Bank to disgorge $1,067,721 of fees and pay a civil penalty of $600,000. The Bank has disgorged the fees and paid the penalty. On August 26, 2016, the Bank was sued in the United States District Court for New Jersey by two bondholders in a putative class action on behalf of all holders of the bonds alleging the Bank participated in the fraudulent sale of securities by the principals. On September 14, 2016, the Bank was sued in the District Court of Tulsa County, Oklahoma by 19 bondholders alleging the Bank participated in the fraudulent sale of securities by the principals. Management has been advised by counsel that the Bank has valid defenses to the claims. The Bank expects the Court ordered payment plan will result in the payment of the bonds by the principals. Accordingly, no loss is probable at this time and no provision for loss has been made. If the payment plan does not result in payment of the bonds, a loss could become probable. A reasonable estimate cannot be made at this time though the amount could be material to the Company.
On March 14, 2017, the Bank was sued in the United States District Court for the Northern District of Oklahoma by bondholders in a second putative class action. The bondholders in this second action allege two individuals purchased facilities from the principals who are the subject of the SEC New Jersey proceedings by means of the fraudulent sale of $60 million of municipal securities for which the Bank also served as indenture trustee. The bondholders allege the Bank failed to disclose that the seller of the purchased facilities had engaged in the conduct complained of in the New Jersey action. The Bank properly performed all duties as indenture trustee of this second set of municipal securities, timely commenced proceedings against the issuer of the securities when default occurred, is cooperating with the SEC in actions against the two principals, is not a target of the SEC proceedings, and has been advised by counsel that the Bank has valid defenses to the claims of these bondholders. It is the opinion of management that no loss is probable at this time.
The County of Bernalillo, New Mexico, commenced arbitration pursuant to the Arbitration Rules of FINRA seeking recovery of $5.6 million alleging that various municipal bonds purchased by the elected County Treasurer of Bernalillo County, New Mexico, from BOK Financial Securities, Inc. were unsuitable. The arbitration was conducted in July 2017. Management has been advised by counsel that a loss is not probable.

On March 30, 2017, two deposit customers of the Bank sued the Bank in the District Court of Harris County, Texas. A judgment creditor had served a garnishment summons on the Bank. The deposit customers allege that, because the Bank was unable to produce adequate documentation of ownership of a series of deposit accounts at the Bank owned by them, they were compelled to enter into a settlement agreement with the judgment creditor pursuant to which the Bank paid $4.2 million from the accounts to the judgment creditor. The two deposit customers seek $7 million. Management has been advised by counsel that a loss is not probable and that the amount of the liability, if any, cannot be quantified at this time.
On March 7, 2017, a plaintiff filed a putative class action in the United States District Court for the Northern District of Texas alleging an extended overdraft fee charged by BOKF, NA is interest and exceeds permitted rates. BOKF, NA was previously sued in a class action in the United States District Court for the Northern District of Oklahoma making the same allegations.  Pursuant to a motion to dismiss, the Northern District of Oklahoma Court action was dismissed. Other courts considering the question whether extended overdraft fees are interest have likewise determined such fees are not interest. BOKF, NA has moved to dismiss the action. Management is advised by counsel that a loss is not probable and that the loss, if any, cannot be reasonably estimated.

In the ordinary course of business, BOK Financial and its subsidiaries are subject to legal actions and complaints. Management believes, based upon the opinion of counsel, that the actions and liability or loss, if any, resulting from the final outcomes of the proceedings, will not have a material effect on the Company’s financial condition, results of operations or cash flows.
                           
Alternative Investment Commitments

The Company sponsors two private equity funds and invests in several tax credit entities and other funds as permitted by banking regulations. Consolidation of these investments is based on the variable interest model determined by the nature of the entity. Variable interest entities are generally defined as entities that either do not have sufficient equity to finance their activities without support from other parties or whose equity investors lack a controlling financial interest. Variable interest entities are consolidated based on the determination that the Company is the primary beneficiary including the power to direct the activities that most significantly impact the variable interest's economic performance and the obligation to absorb losses of the variable interest or the right to receive benefits of the variable interest that could be significant to the variable interest.

BOKF Equity, LLC, an indirect wholly-owned subsidiary, is the general partner of two consolidated private equity funds (“the Funds”). The Funds provide alternative investment opportunities to certain customers, some of which are related parties, through unaffiliated limited partnerships. These unaffiliated limited partnerships generally invest in distressed assets, asset buy-outs or venture capital companies. As general partner, BOKF Equity, LLC has the power to direct activities that most significantly affect the Funds' performance and contingent obligations to make additional investments totaling $4.0 million at June 30, 2017. Substantially all of the obligations are offset by limited partner commitments. The Company does not accrue its contingent liability to fund investments. The Volcker Rule in Title VI of the Dodd-Frank Act will limit both the amount and structure of these types of investments.

Consolidated tax credit investment entities represent the Company's interest in entities earning federal new market tax credits related to qualifying loans. The Company has the power to direct the activities that most significantly impact the variable interest's economic performance of the entity including being the primary beneficiary of or the obligation to absorb losses of the variable interest that could be significant to the variable interest.

Other consolidated alternative investments include entities held under merchant banking authority. While the Company owns a majority of the voting interest in these entities, its ability to manage daily operations is limited by applicable banking regulations. Consolidated other assets includes total tangible assets, identifiable intangible assets and goodwill held by these entities.

The Company also has interests in various unrelated alternative investments generally consisting of unconsolidated limited partnership interests in or loans to entities for which investment return is primarily in the form of tax credits or that invest in distressed real estate loans and properties, energy development, venture capital and other activities. The Company is prohibited by banking regulations from controlling or actively managing the activities of these investments and the Company's maximum exposure to loss is restricted to its investment balance. The Company's obligation to fund alternative investments is included in Other liabilities in the Consolidated Balance Sheets.

A summary of consolidated and unconsolidated alternative investments as of June 30, 2017, December 31, 2016 and June 30, 2016 is as follows (in thousands):

 
 
June 30, 2017
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
16,905

 
$

 
$

 
$
14,199

Tax credit entities
 
10,000

 
11,274

 

 
10,964

 
10,000

Other
 

 
15,894

 
1,621

 
878

 
2,877

Total consolidated
 
$
10,000

 
$
44,073

 
$
1,621

 
$
11,842

 
$
27,076

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
59,744

 
$
148,525

 
$
63,822

 
$

 
$

Other
 

 
33,155

 
13,680

 

 

Total unconsolidated
 
$
59,744

 
$
181,680

 
$
77,502

 
$

 
$


 
 
Dec. 31, 2016
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
17,357

 
$

 
$

 
$
13,237

Tax credit entities
 
10,000

 
11,585

 

 
10,964

 
10,000

Other
 

 
29,783

 
3,189

 
1,092

 
8,266

Total consolidated
 
$
10,000

 
$
58,725

 
$
3,189

 
$
12,056

 
$
31,503

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
44,488

 
$
143,715

 
$
63,329

 
$

 
$

Other
 

 
31,675

 
15,028

 

 

Total unconsolidated
 
$
44,488

 
$
175,390

 
$
78,357

 
$

 
$


 
 
June 30, 2016
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
20,469

 
$

 
$

 
$
16,316

Tax credit entities
 
10,000

 
11,895

 

 
10,964

 
10,000

Other
 

 
35,387

 
2,004

 
2,272

 
7,589

Total consolidated
 
$
10,000

 
$
67,751

 
$
2,004

 
$
13,236

 
$
33,905

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
32,679

 
$
102,138

 
$
30,953

 
$

 
$

Other
 

 
23,439

 
13,767

 

 

Total unconsolidated
 
$
32,679

 
$
125,577

 
$
44,720

 
$

 
$



Other Commitments and Contingencies

At June 30, 2017, Cavanal Hill Funds’ assets included U.S. Treasury, cash management and tax-free money market funds. Assets of these funds consist of highly-rated, short-term obligations of the U.S. Treasury, corporate issuers and U.S. states and municipalities. The net asset value of units in these funds was $1.00 at June 30, 2017. An investment in these funds is not insured by the Federal Deposit Insurance Corporation or guaranteed by BOK Financial or any of its subsidiaries. BOK Financial may, but is not obligated to purchase assets from these funds to maintain the net asset value at $1.00. No assets were purchased from the funds in 2017 or 2016.
v3.7.0.1
Shareholders' Equity
6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
Shareholders' Equity [Text Block]
Shareholders' Equity

On July 25, 2017, the Company declared a quarterly cash dividend of $0.44 per common share on or about August 25, 2017 to shareholders of record as of August 11, 2017.

Dividends declared were $0.44 per share and $0.88 per share during the three and six months ended June 30, 2017 and $0.43 per share and $0.86 per share during the three and six months ended June 30, 2016.

Accumulated Other Comprehensive Income (Loss)

AOCI includes unrealized gains and losses on available for sale ("AFS") securities and non-credit related unrealized losses on AFS securities for which an other-than-temporary impairment has been recorded in earnings. AOCI also includes unrealized gains on AFS securities that were transferred from AFS to investment securities in the third quarter of 2011. Such amounts are being amortized over the estimated remaining life of the security as an adjustment to yield, offsetting the related amortization of premium on the transferred securities. Unrealized losses on employee benefit plans will be reclassified into income as pension plan costs are recognized over the remaining service period of plan participants. Gains and losses in AOCI are net of deferred income taxes.

A rollforward of the components of accumulated other comprehensive income (loss) is included as follows (in thousands):
 
 
Unrealized Gain (Loss) on
 
 
 
 
Available for Sale Securities
 
Investment Securities Transferred from AFS
 
Employee Benefit Plans
 
Total
Balance, Dec. 31, 2015
 
$
23,284

 
$
68

 
$
(1,765
)
 
$
21,587

Net change in unrealized gain (loss)
 
166,566

 

 

 
166,566

Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
Interest revenue, Investment securities, Taxable securities
 

 
(112
)
 

 
(112
)
Gain on available for sale securities, net
 
(9,290
)
 

 

 
(9,290
)
Other comprehensive income (loss), before income taxes
 
157,276

 
(112
)
 

 
157,164

Federal and state income taxes1
 
61,163

 
(44
)
 

 
61,119

Other comprehensive income (loss), net of income taxes
 
96,113

 
(68
)
 

 
96,045

Balance, June 30, 2016
 
$
119,397

 
$

 
$
(1,765
)
 
$
117,632

 
 
 
 
 
 
 
 
 
Balance, Dec. 31, 2016
 
$
(9,087
)
 
$

 
$
(1,880
)
 
$
(10,967
)
Net change in unrealized gain (loss)
 
33,369

 

 

 
33,369

Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
Gain on available for sale securities, net
 
(2,429
)
 

 

 
(2,429
)
Other comprehensive income, before income taxes
 
30,940

 

 

 
30,940

Federal and state income taxes1
 
12,009

 


 

 
12,009

Other comprehensive income, net of income taxes
 
18,931

 

 

 
18,931

Balance, June 30, 2017
 
$
9,844

 
$

 
$
(1,880
)
 
$
7,964


1 
Calculated using a 39 percent effective tax rate.
v3.7.0.1
Earnings Per Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
 
(In thousands, except share and per share amounts)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to BOK Financial Corp. shareholders
 
$
88,147

 
$
65,801

 
$
176,503

 
$
108,365

Less: Earnings allocated to participating securities
 
926

 
821

 
1,929

 
1,359

Numerator for basic earnings per share – income available to common shareholders
 
87,221

 
64,980

 
174,574

 
107,006

Effect of reallocating undistributed earnings of participating securities
 
1

 

 
1

 

Numerator for diluted earnings per share – income available to common shareholders
 
$
87,222

 
$
64,980

 
$
174,575

 
$
107,006

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Weighted average shares outstanding
 
65,416,274

 
66,069,392

 
65,436,909

 
66,100,279

Less:  Participating securities included in weighted average shares outstanding
 
686,522

 
823,505

 
714,165

 
829,065

Denominator for basic earnings per common share
 
64,729,752

 
65,245,887

 
64,722,744

 
65,271,214

Dilutive effect of employee stock compensation plans1
 
63,382

 
57,039

 
65,578

 
45,963

Denominator for diluted earnings per common share
 
64,793,134

 
65,302,926

 
64,788,322

 
65,317,177

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
1.35

 
$
1.00

 
$
2.70

 
$
1.64

Diluted earnings per share
 
$
1.35

 
$
1.00

 
$
2.69

 
$
1.64

1  Excludes employee stock options with exercise prices greater than current market price.
 

 

 

 
145,247

v3.7.0.1
Reportable Segments
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Reportable Segments [Text Block]
Reportable Segments

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2017 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
144,164

 
$
23,503

 
$
10,474

 
$
27,063

 
$
205,204

Net interest revenue (expense) from internal sources
 
(20,347
)
 
11,837

 
10,325

 
(1,815
)
 

Net interest revenue
 
123,817

 
35,340

 
20,799

 
25,248

 
205,204

Provision for credit losses
 
1,228

 
926

 
(93
)
 
(2,061
)
 

Net interest revenue after provision for credit losses
 
122,589

 
34,414

 
20,892

 
27,309

 
205,204

Other operating revenue
 
55,778

 
52,102

 
75,569

 
(1,197
)
 
182,252

Other operating expense
 
59,128

 
55,709

 
60,615

 
75,433

 
250,885

Net direct contribution
 
119,239

 
30,807

 
35,846

 
(49,321
)
 
136,571

Gain on financial instruments, net
 
3

 
5,224

 

 
(5,227
)
 

Change in fair value of mortgage servicing rights
 

 
(6,943
)
 

 
6,943

 

Gain on repossessed assets, net
 
1,403

 
98

 

 
(1,501
)
 

Corporate expense allocations
 
8,862

 
17,039

 
9,947

 
(35,848
)
 

Net income before taxes
 
111,783

 
12,147

 
25,899

 
(13,258
)
 
136,571

Federal and state income taxes
 
43,484

 
4,725

 
10,075

 
(10,579
)
 
47,705

Net income
 
68,299

 
7,422

 
15,824

 
(2,679
)
 
88,866

Net income attributable to non-controlling interests
 

 

 

 
719

 
719

Net income attributable to BOK Financial Corp. shareholders
 
$
68,299

 
$
7,422

 
$
15,824

 
$
(3,398
)
 
$
88,147

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
17,596,273

 
$
8,845,398

 
$
6,763,093

 
$
(836,193
)
 
$
32,368,571


Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2017 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
278,868

 
$
44,632

 
$
21,960

 
$
60,926

 
$
406,386

Net interest revenue (expense) from internal sources
 
(37,140
)
 
22,789

 
19,181

 
(4,830
)
 

Net interest revenue
 
241,728

 
67,421

 
41,141

 
56,096

 
406,386

Provision for credit losses
 
(234
)
 
2,198

 
(53
)
 
(1,911
)
 

Net interest revenue after provision for credit losses
 
241,962

 
65,223

 
41,194

 
58,007

 
406,386

Other operating revenue
 
102,048

 
99,408

 
149,727

 
1,365

 
352,548

Other operating expense
 
111,565

 
109,242

 
121,025

 
153,764

 
495,596

Net direct contribution
 
232,445

 
55,389

 
69,896

 
(94,392
)
 
263,338

Gain on financial instruments, net
 
41

 
3,557

 

 
(3,598
)
 

Change in fair value of mortgage servicing rights
 

 
(5,087
)
 

 
5,087

 

Gain (loss) on repossessed assets, net
 
1,398

 
(39
)
 

 
(1,359
)
 

Corporate expense allocations
 
17,493

 
33,908

 
20,619

 
(72,020
)
 

Net income before taxes
 
216,391

 
19,912

 
49,277

 
(22,242
)
 
263,338

Federal and state income taxes
 
84,176

 
7,746

 
19,169

 
(25,283
)
 
85,808

Net income
 
132,215

 
12,166

 
30,108

 
3,041

 
177,530

Net income attributable to non-controlling interests
 

 

 

 
1,027

 
1,027

Net income attributable to BOK Financial Corp. shareholders
 
$
132,215

 
$
12,166

 
$
30,108

 
$
2,014

 
$
176,503

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
17,517,960

 
$
8,747,524

 
$
6,960,872

 
$
(566,196
)
 
$
32,660,160


Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2016 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
118,480

 
$
22,349

 
$
6,271

 
$
35,512

 
$
182,612

Net interest revenue (expense) from internal sources
 
(14,575
)
 
8,876

 
$
7,193

 
(1,494
)
 

Net interest revenue
 
103,905

 
31,225

 
13,464

 
34,018

 
182,612

Provision for credit losses
 
6,852

 
1,318

 
(239
)
 
12,069

 
20,000

Net interest revenue after provision for credit losses
 
97,053

 
29,907

 
13,703

 
21,949

 
162,612

Other operating revenue
 
51,497

 
57,440

 
75,772

 
833

 
185,542

Other operating expense
 
52,594

 
62,806

 
61,414

 
74,571

 
251,385

Net direct contribution
 
95,956

 
24,541

 
28,061

 
(51,789
)
 
96,769

Gain on financial instruments, net
 

 
15,045

 

 
(15,045
)
 

Change in fair value of mortgage servicing rights
 

 
(16,283
)
 

 
16,283

 

Gain (loss) on repossessed assets, net
 
(598
)
 
252

 

 
346

 

Corporate expense allocations
 
8,883

 
16,630

 
10,417

 
(35,930
)
 

Net income before taxes
 
86,475

 
6,925

 
17,644

 
(14,275
)
 
96,769

Federal and state income taxes
 
33,639

 
2,694

 
6,864

 
(12,700
)
 
30,497

Net income
 
52,836

 
4,231

 
10,780

 
(1,575
)
 
66,272

Net gain attributable to non-controlling interests
 

 

 

 
471

 
471

Net income attributable to BOK Financial Corp. shareholders
 
$
52,836

 
$
4,231

 
$
10,780

 
$
(2,046
)
 
$
65,801

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
16,973,663

 
$
8,774,881

 
$
5,765,390

 
$
472,108

 
$
31,986,042



Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2016 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
235,116

 
$
43,799

 
$
12,349

 
$
73,920

 
$
365,184

Net interest revenue (expense) from internal sources
 
(29,208
)
 
18,229

 
$
14,857

 
(3,878
)
 

Net interest revenue
 
205,908

 
62,028

 
27,206

 
70,042

 
365,184

Provision for credit losses
 
28,423

 
3,020

 
(390
)
 
23,947

 
55,000

Net interest revenue after provision for credit losses
 
177,485

 
59,008

 
27,596

 
46,095

 
310,184

Other operating revenue
 
96,605

 
111,469

 
144,518

 
(9,636
)
 
342,956

Other operating expense
 
108,663

 
118,524

 
122,098

 
144,670

 
493,955

Net direct contribution
 
165,427

 
51,953

 
50,016

 
(108,211
)
 
159,185

Gain on financial instruments, net
 

 
31,626

 

 
(31,626
)
 

Change in fair value of mortgage servicing rights
 

 
(44,271
)
 

 
44,271

 

Gain (loss) on repossessed assets, net
 
(680
)
 
406

 

 
274

 

Corporate expense allocations
 
17,627

 
32,608

 
20,952

 
(71,187
)
 

Net income before taxes
 
147,120

 
7,106

 
29,064

 
(24,105
)
 
159,185

Federal and state income taxes
 
57,230

 
2,764

 
11,306

 
(19,375
)
 
51,925

Net income
 
89,890

 
4,342

 
17,758

 
(4,730
)
 
107,260

Net loss attributable to non-controlling interests
 

 

 

 
(1,105
)
 
(1,105
)
Net income attributable to BOK Financial Corp. shareholders
 
$
89,890

 
$
4,342

 
$
17,758

 
$
(3,625
)
 
$
108,365

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
16,971,339

 
$
8,731,085

 
$
5,665,218

 
$
379,615

 
$
31,747,257

v3.7.0.1
Fair Value Measurements
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value Measurements [Text Block]
Fair Value Measurements

Fair value is defined by applicable accounting guidance as the price to sell an asset or transfer a liability in an orderly transaction between market participants in the principal market for the given asset or liability at the measurement date based on market conditions at that date. Certain assets and liabilities are recorded in the Company’s financial statements at fair value. Some are recorded on a recurring basis and some on a non-recurring basis.

For some assets and liabilities, observable market transactions and market information might be available. For other assets and liabilities, observable market transactions and market information might not be available. A hierarchy for fair value has been established which categorizes into three levels the inputs to valuation techniques used to measure fair value. The three levels are as follows:

Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) - Fair value is based on unadjusted quoted prices in active markets for identical assets or liabilities.

Significant Other Observable Inputs (Level 2) - Fair value is based on significant other observable inputs which are generally determined based on a single price for each financial instrument provided to us by an applicable third-party pricing service and is based on one or more of the following:

Quoted prices for similar, but not identical, assets or liabilities in active markets;
Quoted prices for identical or similar assets or liabilities in inactive markets;
Inputs other than quoted prices that are observable, such as interest rate and yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates;
Other inputs derived from or corroborated by observable market inputs.

Significant Unobservable Inputs (Level 3) - Fair value is based upon model-based valuation techniques for which at least one significant assumption is not observable in the market.

Transfers between levels are recognized as of the end of the reporting period. There were no transfers in or out of quoted prices in active markets for identical instruments to significant other observable inputs or significant unobservable inputs during the three and six months ended June 30, 2017 and 2016, respectively. Transfers between significant other observable inputs and significant unobservable inputs during the three and six months ended June 30, 2017 and 2016 are included in the summary of changes in recurring fair values measured using unobservable inputs.

The underlying methods used by the third-party pricing services are considered in determining the primary inputs used to determine fair values. Management has evaluated the methodologies employed by the third-party pricing services by comparing the price provided by the pricing service with other sources, including brokers' quotes, sales or purchases of similar instruments and discounted cash flows to establish a basis for reliance on the pricing service values. Significant differences between the pricing service provided value and other sources are discussed with the pricing service to understand the basis for their values. Based on all observable inputs, management may adjust prices obtained from third-party pricing services to more appropriately reflect the prices that would be received to sell assets or paid to transfer liabilities in orderly transactions in the current market. No significant adjustments were made to prices provided by third-party pricing services at June 30, 2017, December 31, 2016 or June 30, 2016.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The fair value of financial assets and liabilities measured on a recurring basis was as follows as of June 30, 2017 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
20,954

 
$

 
$
20,954

 
$

U.S. government agency residential mortgage-backed securities
 
365,171

 

 
365,171

 

Municipal and other tax-exempt securities
 
45,444

 

 
45,444

 

Other trading securities
 
9,845

 

 
9,845

 

Total trading securities
 
441,414

 

 
441,414

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
998

 
998

 

 

Municipal and other tax-exempt securities
 
32,765

 

 
28,110

 
4,655

U.S. government agency residential mortgage-backed securities
 
5,382,377

 

 
5,382,377

 

Privately issued residential mortgage-backed securities
 
103,383

 

 
103,383

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,782,070

 

 
2,782,070

 

Other debt securities
 
4,152

 

 

 
4,152

Perpetual preferred stock
 
16,568

 

 
16,568

 

Equity securities and mutual funds
 
18,728

 
3,516

 
15,212

 

Total available for sale securities
 
8,341,041

 
4,514

 
8,327,720

 
8,807

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
445,169

 

 
445,169

 

Residential mortgage loans held for sale
 
287,259

 

 
274,524

 
12,735

Mortgage servicing rights1
 
245,239

 

 

 
245,239

Derivative contracts, net of cash collateral2
 
280,289

 
20,213

 
260,076

 

Liabilities:
 
 

 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
285,819

 
5,919

 
279,900

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts in asset positions that were valued based on quoted prices in active markets for identical instruments (Level 1) are primarily exchange-traded energy and interest rate derivative contacts. Derivative contacts in liability positions that were valued using quoted prices in active markets for identical instruments are exchange-traded interest rate and agricultural derivative contracts, net of cash margin.

The fair value of financial assets and liabilities measured on a recurring basis was as follows as of December 31, 2016 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
6,234

 
$

 
$
6,234

 
$

U.S. government agency residential mortgage-backed securities
 
310,067

 

 
310,067

 

Municipal and other tax-exempt securities
 
14,427

 

 
14,427

 

Other trading securities
 
6,900

 

 
6,900

 

Total trading securities
 
337,628

 

 
337,628

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
999

 
999

 

 

Municipal and other tax-exempt securities
 
40,993

 

 
35,204

 
5,789

U.S. government agency residential mortgage-backed securities
 
5,460,386

 

 
5,460,386

 

Privately issued residential mortgage-backed securities
 
115,535

 

 
115,535

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,017,933

 

 
3,017,933

 

Other debt securities
 
4,152

 

 

 
4,152

Perpetual preferred stock
 
18,474

 

 
18,474

 

Equity securities and mutual funds
 
18,357

 
3,495

 
14,862

 

Total available for sale securities
 
8,676,829

 
4,494

 
8,662,394

 
9,941

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
77,046

 

 
77,046

 

Residential mortgage loans held for sale
 
301,897

 

 
290,280

 
11,617

Mortgage servicing rights1
 
247,073

 

 

 
247,073

Derivative contracts, net of cash collateral2
 
689,872

 
7,541

 
682,331

 

Liabilities:
 


 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
664,531

 
6,972

 
657,559

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest-rate and energy derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate, energy and agricultural derivative contracts, net of cash margin.


The fair value of financial assets and liabilities measured on a recurring basis was as follows as of June 30, 2016 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
18,909

 
$

 
$
18,909

 
$

U.S. government agency residential mortgage-backed securities
 
122,306

 

 
122,306

 

Municipal and other tax-exempt securities
 
52,721

 

 
52,721

 

Other trading securities
 
17,686

 

 
17,686

 

Total trading securities
 
211,622

 

 
211,622

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
1,004

 
1,004

 

 

Municipal and other tax-exempt securities
 
50,262

 

 
40,662

 
9,600

U.S. government agency residential mortgage-backed securities
 
5,700,268

 

 
5,700,268

 

Privately issued residential mortgage-backed securities
 
126,313

 

 
126,313

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,911,946

 

 
2,911,946

 

Other debt securities
 
4,151

 

 

 
4,151

Perpetual preferred stock
 
17,931

 

 
17,931

 

Equity securities and mutual funds
 
18,814

 
3,785

 
15,029

 

Total available for sale securities
 
8,830,689

 
4,789

 
8,812,149

 
13,751

Fair value option securities:
 
 
 
 
 
 
 
 
U.S. Treasury
 
25,306

 
25,306

 

 

U.S. government agency residential mortgage-backed securities
 
237,959

 

 
237,959

 

Total fair value option securities
 
263,265

 
25,306

 
237,959

 

Residential mortgage loans held for sale
 
430,728

 

 
420,979

 
9,749

Mortgage servicing rights1
 
190,747

 

 

 
190,747

Derivative contracts, net of cash collateral2
 
883,673

 
7,246

 
876,427

 

Liabilities:
 
 

 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
719,159

 
4,808

 
714,351

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded energy and agricultural derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate and energy derivative contracts, net cash margin.


Following is a description of the Company's valuation methodologies used for assets and liabilities measured on a recurring basis:
Securities
The fair values of trading, available for sale and fair value option securities are based on quoted prices for identical instruments in active markets, when available. If quoted prices for identical instruments are not available, fair values are based on significant other observable inputs such as quoted prices of comparable instruments or interest rates and credit spreads, yield curves, volatilities, prepayment speeds and loss severities.

The fair value of certain available for sale municipal and other debt securities may be based on significant unobservable inputs. These significant unobservable inputs include limited observed trades, projected cash flows, current credit rating of the issuers and, when applicable, the insurers of the debt and observed trades of similar debt. Discount rates are primarily based on references to interest rate spreads on comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies adjusted for a lack of trading volume. Significant unobservable inputs are developed by investment securities professionals involved in the active trading of similar securities. A summary of significant inputs used to value these securities follows. A management committee composed of senior members from the Company's Capital Markets, Risk Management and Finance departments assesses the appropriateness of these inputs quarterly.

Derivatives

All derivative instruments are carried on the balance sheet at fair value. Fair values for exchange-traded contracts are based on quoted prices. Fair values for over-the-counter interest rate, commodity and foreign exchange contracts are based on valuations provided either by third-party dealers in the contracts, quotes provided by independent pricing services, or a third-party provided pricing model that uses significant other observable market inputs.

Credit risk is considered in determining the fair value of derivative instruments. Management determines fair value adjustments based on various risk factors including but not limited to counterparty credit rating or equivalent loan grading, derivative contract notional size, price volatility of the underlying commodity, duration of the derivative contracts and expected loss severity. Expected loss severity is based on historical losses for similarly risk graded commercial loan customers. Decreases in counterparty credit rating or grading and increases in price volatility and expected loss severity all tend to increase the credit quality adjustment which reduces the fair value of asset contracts. The reduction in fair value is recognized in earnings during the current period.

We also consider our own credit risk in determining the fair value of derivative contracts. Changes in our credit rating would affect the fair value of our derivative liabilities. In the event of a credit downgrade, the fair value of our derivative liabilities would increase. The change in the fair value would be recognized in earnings in the current period.
Residential Mortgage Loans Held for Sale
Residential mortgage loans held for sale are carried on the balance sheet at fair value. The fair values of residential mortgage loans held for sale are based upon quoted market prices of such loans sold in securitization transactions, including related unfunded loan commitments and forward sales contracts. The fair value of mortgage loans that were unable to be sold to U.S. government agencies were determined using quoted prices of loans that are sold in securitization transactions with a liquidity discount applied.

Other Assets - Private Equity Funds
The fair value of the portfolio investments of the Company's two private equity funds is based upon net asset value reported by the underlying funds, as adjusted by the general partner when necessary, as a practical expedient to measure the fair value of the investments in the underlying funds. The Company's private equity funds provide customers alternative investment opportunities as limited partners of the funds. As fund of funds, the private equity funds invest in other limited partnerships or limited liability companies that invest substantially all of their assets in U.S. companies pursuing diversified investment strategies including early-stage venture capital, distressed securities and corporate or asset buy-outs. Private equity fund assets are long-term, illiquid investments. No secondary market exists for these assets. The private equity funds typically invest in funds that provide no redemption rights to investors. The fair value of the private equity investments may only be realized through cash distributions from the underlying funds.

See Note 7 for disclosure of the fair value of the private equity funds using the net asset value per share of the underlying investments, as a practical expedient, included in Other assets in the Consolidated Balance Sheets of the Company.
The following represents the changes for the three and six months ended June 30, 2017 related to assets measured at fair value on a recurring basis using significant unobservable inputs (in thousands):
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt securities
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, March 31, 2017
 
$
5,722

 
$
4,153

 
$
12,679

Transfer to Level 3 from Level 21
 

 

 
853

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,030
)
Redemptions and distributions
 
(1,100
)
 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
233

Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
33

 
(1
)
 

Balance, June 30, 2017
 
$
4,655

 
$
4,152

 
$
12,735

1  
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, Dec. 31, 2016
 
$
5,789

 
$
4,152

 
$
11,617

Transfer to Level 3 from Level 21
 

 

 
2,740

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,702
)
Redemptions and distributions
 
(1,100
)
 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
80

Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(34
)
 

 

Balance, June 30, 2017
 
$
4,655

 
$
4,152

 
$
12,735

1 
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
The following represents the changes for the three and six months ended June 30, 2016 related to assets measured at fair value on a recurring basis using significant unobservable inputs (in thousands):
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt securities
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, March 31, 2016
 
$
9,614

 
$
4,151

 
$
8,099

Transfer to Level 3 from Level 21
 

 

 
3,080

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,249
)
Redemptions and distributions
 

 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
(181
)
Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(14
)
 

 

Balance, June 30, 2016
 
$
9,600

 
$
4,151

 
$
9,749

1 
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.

 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, Dec. 31, 2015
 
$
9,610

 
$
4,151

 
$
7,874

Transfer to Level 3 from Level 21
 

 

 
3,540

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,362
)
Redemptions and distributions
 

 

 

Gain (loss) recognized in earnings
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
(303
)
Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(10
)
 

 

Balance, June 30, 2016
 
$
9,600

 
$
4,151

 
$
9,749


1  
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.


A summary of quantitative information about assets measured at fair value on a recurring basis using Significant Unobservable Inputs (Level 3) as of June 30, 2017 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost/Unpaid Principal Balance
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
5,095

 
$
5,067

 
$
4,655

 
Discounted cash flows
1 
Interest rate spread
 
5.98%-5.98% (5.98%)
2 
90.00%-94.90% (92.93%)
3 
Other debt securities
 
4,400

 
4,400

 
4,152

 
Discounted cash flows
1 
Interest rate spread
 
5.41%-6.72% (6.57%)
4 
94.31% - 94.38 (94.37%)
3 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans held for sale
 
N/A

 
13,274

 
12,563

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
94.64%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 360 to 446 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 3 percent.


A summary of quantitative information about Recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of December 31, 2016 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost/Unpaid Principal Balance
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
6,195

 
$
6,163

 
$
5,789

 
Discounted cash flows
1 
Interest rate spread
 
5.91%-6.21% (6.16%)
2 
90.00%-93.40% (92.20%)
3 
Other debt securities
 
4,400

 
4,400

 
4,152

 
Discounted cash flows
1 
Interest rate spread
 
6.01%-6.26% (6.23%)
4 
94.34% - 94.36 (94.36%)
3 
Residential mortgage loans held for sale
 
N/A

 
12,431

 
11,617

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
93.45%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 467 to 525 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.

A summary of quantitative information about Recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2016 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
10,370

 
$
10,312

 
$
9,600

 
Discounted cash flows
1 
Interest rate spread
 
5.34%-5.64% (5.60%)
2 
90.00%-93.28% (92.58%)
3 
Other debt securities
 
4,400

 
4,400

 
4,151

 
Discounted cash flows
1 
Interest rate spread
 
5.51%-5.96% (5.91%)
4 
94.32% - 94.34 (94.34%)
3 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans held for sale
 
N/A

 
10,518

 
9,749

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
92.69%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 474 to 513 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.


Fair Value of Assets and Liabilities Measured on a Non-Recurring Basis

Assets measured at fair value on a non-recurring basis include collateral for certain impaired loans and real property and other assets acquired to satisfy loans, which are based primarily on comparisons to completed sales of similar assets.

The following represents the carrying value of assets measured at fair value on a non-recurring basis (and related losses) during the period. The carrying value represents only those assets with a balance at June 30, 2017 for which the fair value was adjusted during the six months ended June 30, 2017:
 
 
 
 
 
 
 
Fair Value Adjustments for the
 
Carrying Value at June 30, 2017
 
Three Months Ended
June 30, 2017
Recognized in:
 
Six Months Ended
June 30, 2017
Recognized in:
 
Quoted Prices
in Active Markets for Identical Instruments
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
Impaired loans
$

 
$
464

 
$
3,570

 
$
232

 
$

 
$
676

 
$

Real estate and other repossessed assets

 
3,488

 
530

 

 
772

 

 
906

 
The following represents the carrying value of assets measured at fair value on a non-recurring basis (and related losses) during the period. The carrying value represents only those assets with a balance at June 30, 2016 for which the fair value was adjusted during the six months ended June 30, 2016:
 
Carrying Value at June 30, 2016
 
Fair Value Adjustments for the Three Months Ended
June 30, 2016
Recognized in:
 
Six Months Ended
June 30, 2016
Recognized in:
 
Quoted Prices
in Active Markets for Identical Instruments
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
Impaired loans
$

 
$
634

 
$
42,342

 
$
7,041

 
$

 
$
29,186

 
$

Real estate and other repossessed assets

 
5,709

 
1,693

 

 
751

 

 
1,068



The fair value of collateral-dependent impaired loans secured by real estate and real estate and other repossessed assets and the related fair value adjustments are generally based on unadjusted third-party appraisals. Our appraisal review policies require appraised values to be supported by observed inputs derived principally from or corroborated by observable market data. Appraisals that are not based on observable inputs or that require significant adjustments or fair value measurements that are not based on third-party appraisals are considered to be based on significant unobservable inputs. Non-recurring fair value measurements of collateral-dependent impaired loans and real estate and other repossessed assets based on significant unobservable inputs are generally due to estimates of current fair values between appraisal dates. Significant unobservable inputs include listing prices for the same or comparable assets, uncorroborated expert opinions or management's knowledge of the collateral or industry. Non-recurring fair value measurements of collateral dependent loans secured by mineral rights are generally determined by our internal staff of engineers on projected cash flows under current market conditions and are based on significant unobservable inputs. Projected cash flows are discounted according to risk characteristics of the underlying oil and gas properties. Assets are evaluated to demonstrate with reasonable certainty that crude oil, natural gas and natural gas liquids can be recovered from known oil and gas reservoirs under existing economic and operating conditions at current prices with existing conventional equipment, operating methods and costs. Significant unobservable inputs are developed by asset management and workout professionals and approved by senior Credit Administration executives.

A summary of quantitative information about Non-recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2017 follows (in thousands):
 
 
Fair Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
Impaired loans
 
$
3,570

 
Discounted cash flows
 
Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs
 
75% - 90% (83%)1
Real estate and other repossessed assets
 
530

 
Appraised value, as adjusted
 
Marketability adjustment off appraised value2
 
65% - 88% (80%)
1 
Represents fair value as a percentage of the unpaid principal balance.
2  
Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.


A summary of quantitative information about Non-recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2016 follows (in thousands):
 
 
Fair Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
Impaired loans
 
$
42,342

 
Discounted cash flows
 
Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs
 
25% - 71% (58%)1
Real estate and other repossessed assets
 
1,693

 
Appraised value, as adjusted
 
Marketability adjustments off appraised value2
 
68% - 80% (71%)

1  
Represents fair value as a percentage of the unpaid principal balance.
2  
Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.


Fair Value of Financial Instruments

The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of June 30, 2017 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
561,587

 
$
561,587

 
$
561,587

 
$

 
$

Interest-bearing cash and cash equivalents
 
2,078,831

 
2,078,831

 
2,078,831

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
20,954

 
20,954

 

 
20,954

 

U.S. government agency residential mortgage-backed securities
 
365,171

 
365,171

 

 
365,171

 

Municipal and other tax-exempt securities
 
45,444

 
45,444

 

 
45,444

 

Other trading securities
 
9,845

 
9,845

 

 
9,845

 

Total trading securities
 
441,414

 
441,414

 

 
441,414

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
267,375

 
270,531

 

 
270,531

 

U.S. government agency residential mortgage-backed securities
 
18,035

 
18,642

 

 
18,642

 

Other debt securities
 
205,016

 
226,502

 

 
226,502

 

Total investment securities
 
490,426

 
515,675

 

 
515,675

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
998

 
998

 
998

 

 

Municipal and other tax-exempt securities
 
32,765

 
32,765

 

 
28,110

 
4,655

U.S. government agency residential mortgage-backed securities
 
5,382,377

 
5,382,377

 

 
5,382,377

 

Privately issued residential mortgage-backed securities
 
103,383

 
103,383

 

 
103,383

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,782,070

 
2,782,070

 

 
2,782,070

 

Other debt securities
 
4,152

 
4,152

 

 

 
4,152

Perpetual preferred stock
 
16,568

 
16,568

 

 
16,568

 

Equity securities and mutual funds
 
18,728

 
18,728

 
3,516

 
15,212

 

Total available for sale securities
 
8,341,041

 
8,341,041

 
4,514

 
8,327,720

 
8,807

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
445,169

 
445,169

 

 
445,169

 

Residential mortgage loans held for sale
 
287,259

 
287,259

 

 
274,524

 
12,735

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,637,955

 
10,413,704

 

 

 
10,413,704

Commercial real estate
 
3,688,592

 
3,636,365

 

 

 
3,636,365

Residential mortgage
 
1,939,198

 
1,950,577

 

 

 
1,950,577

Personal
 
917,900

 
909,055

 

 

 
909,055

Total loans
 
17,183,645

 
16,909,701

 

 

 
16,909,701

Allowance for loan losses
 
(250,061
)
 

 

 

 

Loans, net of allowance
 
16,933,584

 
16,909,701

 

 

 
16,909,701

Mortgage servicing rights
 
245,239

 
245,239

 

 

 
245,239

Derivative instruments with positive fair value, net of cash collateral
 
280,289

 
280,289

 
46,366

 
233,923

 

Deposits with no stated maturity
 
20,120,352

 
20,120,352

 

 

 
20,120,352

Time deposits
 
2,196,122

 
2,164,115

 

 

 
2,164,115

Other borrowed funds
 
5,696,666

 
5,664,273

 

 

 
5,664,273

Subordinated debentures
 
144,658

 
147,204

 

 
147,204

 

Derivative instruments with negative fair value, net of cash collateral
 
285,819

 
285,819

 
20,915

 
264,904

 

The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of December 31, 2016 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
620,846

 
$
620,846

 
$
620,846

 
$

 
$

Interest-bearing cash and cash equivalents
 
1,916,651

 
1,916,651

 
1,916,651

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
6,234

 
6,234

 

 
6,234

 

U.S. government agency residential mortgage-backed securities
 
310,067

 
310,067

 

 
310,067

 

Municipal and other tax-exempt securities
 
14,427

 
14,427

 

 
14,427

 

Other trading securities
 
6,900

 
6,900

 

 
6,900

 

Total trading securities
 
337,628

 
337,628

 

 
337,628

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
320,364

 
321,225

 

 
321,225

 

U.S. government agency residential mortgage-backed securities
 
20,777

 
21,473

 

 
21,473

 

Other debt securities
 
205,004

 
222,795

 

 
222,795

 

Total investment securities
 
546,145

 
565,493

 

 
565,493

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
999

 
999

 
999

 

 

Municipal and other tax-exempt securities
 
40,993

 
40,993

 

 
35,204

 
5,789

U.S. government agency residential mortgage-backed securities
 
5,460,386

 
5,460,386

 

 
5,460,386

 

Privately issued residential mortgage-backed securities
 
115,535

 
115,535

 

 
115,535

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,017,933

 
3,017,933

 

 
3,017,933

 

Other debt securities
 
4,152

 
4,152

 

 

 
4,152

Perpetual preferred stock
 
18,474

 
18,474

 

 
18,474

 

Equity securities and mutual funds
 
18,357

 
18,357

 
3,495

 
14,862

 

Total available for sale securities
 
8,676,829

 
8,676,829

 
4,494

 
8,662,394

 
9,941

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
77,046

 
77,046

 

 
77,046

 

Residential mortgage loans held for sale
 
301,897

 
301,897

 

 
290,280

 
11,617

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,390,824

 
10,437,016

 

 

 
10,437,016

Commercial real estate
 
3,809,046

 
3,850,981

 

 

 
3,850,981

Residential mortgage
 
1,949,832

 
2,025,159

 

 

 
2,025,159

Personal
 
839,958

 
864,904

 

 

 
864,904

Total loans
 
16,989,660

 
17,178,060

 

 

 
17,178,060

Allowance for loan losses
 
(246,159
)
 

 

 

 

Loans, net of allowance
 
16,743,501

 
17,178,060

 

 

 
17,178,060

Mortgage servicing rights
 
247,073

 
247,073

 

 

 
247,073

Derivative instruments with positive fair value, net of cash collateral
 
689,872

 
689,872

 
7,541

 
682,331

 

Deposits with no stated maturity
 
20,526,295

 
20,526,295

 

 

 
20,526,295

Time deposits
 
2,221,800

 
2,218,303

 

 

 
2,218,303

Other borrowed funds
 
5,572,662

 
5,556,327

 

 

 
5,556,327

Subordinated debentures
 
144,640

 
128,903

 

 
128,903

 

Derivative instruments with negative fair value, net of cash collateral
 
664,531

 
664,531

 
6,972

 
657,559

 


The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of June 30, 2016 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
498,713

 
$
498,713

 
$
498,713

 
$

 
$

Interest-bearing cash and cash equivalents
 
1,907,838

 
1,907,838

 
1,907,838

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
18,909

 
18,909

 

 
18,909

 

U.S. government agency residential mortgage-backed securities
 
122,306

 
122,306

 

 
122,306

 

Municipal and other tax-exempt securities
 
52,721

 
52,721

 

 
52,721

 

Other trading securities
 
17,686

 
17,686

 

 
17,686

 

Total trading securities
 
211,622

 
211,622

 

 
211,622

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
334,551

 
340,700

 

 
340,700

 

U.S. government agency residential mortgage-backed securities
 
23,750

 
25,233

 

 
25,233

 

Other debt securities
 
202,410

 
233,129

 

 
233,129

 

Total investment securities
 
560,711

 
599,062

 

 
599,062

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
1,004

 
1,004

 
1,004

 

 

Municipal and other tax-exempt securities
 
50,262

 
50,262

 

 
40,662

 
9,600

U.S. government agency residential mortgage-backed securities
 
5,700,268

 
5,700,268

 

 
5,700,268

 

Privately issued residential mortgage-backed securities
 
126,313

 
126,313

 

 
126,313

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,911,946

 
2,911,946

 

 
2,911,946

 

Other debt securities
 
4,151

 
4,151

 

 

 
4,151

Perpetual preferred stock
 
17,931

 
17,931

 

 
17,931

 

Equity securities and mutual funds
 
18,814

 
18,814

 
3,785

 
15,029

 

Total available for sale securities
 
8,830,689

 
8,830,689

 
4,789

 
8,812,149

 
13,751

Fair value option securities:
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
 
25,306

 
25,306

 
25,306

 

 

U.S. government agency residential mortgage-backed securities
 
237,959

 
237,959

 

 
237,959

 

Total fair value option securities
 
263,265

 
263,265

 
25,306

 
237,959

 

Residential mortgage loans held for sale
 
430,728

 
430,728

 

 
420,979

 
9,749

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,356,437

 
10,172,701

 

 

 
10,172,701

Commercial real estate
 
3,581,966

 
3,563,378

 

 

 
3,563,378

Residential mortgage
 
1,880,923

 
1,913,208

 

 

 
1,913,208

Personal
 
587,423

 
582,353

 

 

 
582,353

Total loans
 
16,406,749

 
16,231,640

 

 

 
16,231,640

Allowance for loan losses
 
(243,259
)
 

 

 

 

Loans, net of allowance
 
16,163,490

 
16,231,640

 

 

 
16,231,640

Mortgage servicing rights
 
190,747

 
190,747

 

 

 
190,747

Derivative instruments with positive fair value, net of cash collateral
 
883,673

 
883,673

 
7,246

 
876,427

 

Deposits with no stated maturity
 
18,512,740

 
18,512,740

 

 

 
18,512,740

Time deposits
 
2,247,061

 
2,252,212

 

 

 
2,252,212

Other borrowed funds
 
6,360,199

 
6,342,885

 

 

 
6,342,885

Subordinated debentures
 
371,812

 
371,808

 

 
150,234

 
221,574

Derivative instruments with negative fair value, net of cash collateral
 
719,159

 
719,159

 
4,808

 
714,351

 



Because no market exists for certain of these financial instruments and management does not intend to sell these financial instruments, the fair values shown in the tables above may not represent values at which the respective financial instruments could be sold individually or in the aggregate at the given reporting date.

The following methods and assumptions were used in estimating the fair value of these financial instruments:
 
Cash and Cash Equivalents
 
The book value reported in the consolidated balance sheets for cash and short-term instruments approximates those assets’ fair values.
 
Securities
 
The fair values of securities are generally based on Significant Other Observable Inputs such as quoted prices for comparable instruments or interest rates and credit spreads, yield curves, volatilities, prepayment speeds and loss severities. 

Loans
 
The fair value of loans, excluding loans held for sale, are based on discounted cash flow analyses using interest rates and credit and liquidity spreads currently being offered for loans with similar remaining terms to maturity and risk, adjusted for the impact of interest rate floors and ceilings, which are classified as Significant Unobservable Inputs. The fair values of loans were estimated to approximate their discounted cash flows less loan loss allowances allocated to these loans of $223 million at June 30, 2017, $218 million at December 31, 2016 and $217 million at June 30, 2016. A summary of assumptions used in determining the fair value of loans follows:

 
 
Range of
Contractual
Yields
 
Average
Re-pricing
(in years)
 
Discount
Rate
June 30, 2017:
 
 
 
 
 
 
Commercial
 
0.38% - 30.00%
 
0.64
 
0.71% - 4.56%
Commercial real estate
 
0.38% - 18.00%
 
0.77
 
1.03% - 4.31%
Residential mortgage
 
1.74% - 18.00%
 
2.18
 
1.75% - 4.19%
Personal
 
0.25% - 21.00%
 
0.28
 
0.70% - 4.68%
 
 
 
 
 
 
 
December 31, 2016:
 
 
 
 
 
 
Commercial
 
0.38% - 30.00%
 
0.70
 
0.64% - 4.60%
Commercial real estate
 
0.38% - 18.00%
 
0.71
 
0.94% - 4.27%
Residential mortgage
 
1.74% - 18.00%
 
2.27
 
1.71% - 4.26%
Personal
 
0.25% - 21.00%
 
0.40
 
1.03% - 4.59%
 
 
 
 
 
 
 
June 30, 2016:
 
 
 
 
 
 
Commercial
 
0.38% - 30.00%
 
0.69
 
0.55% - 3.68%
Commercial real estate
 
0.38% - 18.00%
 
0.73
 
0.80% - 3.65%
Residential mortgage
 
1.70% - 18.00%
 
1.97
 
1.25% - 3.75%
Personal
 
0.25% - 21.00%
 
0.35
 
0.71% - 3.91%
 
Deposits
 
The fair values of time deposits are based on discounted cash flow analyses using interest rates currently being offered on similar transactions which are considered Significant Unobservable Inputs. Estimated fair value of deposits with no stated maturity, which includes demand deposits, transaction deposits, money market deposits and savings accounts, is equal to the amount payable on demand. Although market premiums paid reflect an additional value for these low cost deposits, adjusting fair value for the expected benefit of these deposits is prohibited. Accordingly, the positive effect of such deposits is not included in the tables above.

A summary of assumptions used in determining the fair value of time deposits follows:

 
 
Range of
Contractual
Yields
 
Average
Re-pricing
(in years)
 
Discount
Rate
June 30, 2017
 
0.03% - 10.00%
 
1.91
 
1.81% - 2.12%
December 31, 2016
 
0.02% - 9.65%
 
1.96
 
1.57% - 2.00%
June 30, 2016
 
0.03% - 9.64%
 
2.15
 
1.16% - 1.43%

 Other Borrowings and Subordinated Debentures
 
The fair values of these instruments are based upon discounted cash flow analyses using interest rates currently being offered on similar instruments, which are considered Significant Unobservable Inputs. A summary of assumptions used in determining the fair value of other borrowings and subordinated debentures follows:

 
 
Range of
Contractual
Yields
 
Average
Re-pricing
(in years)
 
Discount
Rate
June 30, 2017:
 
 
 
 
 
 
Other borrowed funds
 
0.25% - 3.58%
 
0.02
 
1.06% - 3.69%
Subordinated debentures
 
5.38%
 
16.90
 
4.89%
 
 
 
 
 
 
 
December 31, 2016:
 
 
 
 
 
 
Other borrowed funds
 
0.25% - 3.50%
 
0.00
 
0.55% - 3.22%
Subordinated debentures
 
5.38%
 
16.86
 
6.11%
 
 
 
 
 
 
 
June 30, 2016:
 
 
 
 
 
 
Other borrowed funds
 
0.25% - 3.28%
 
0.02
 
0.30% - 2.92%
Subordinated debentures
 
1.32% - 5.38%
 
8.35
 
2.16% - 5.38%

Off-Balance Sheet Instruments
 
The fair values of commercial loan commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements. The fair values of these off-balance sheet instruments were not significant at June 30, 2017, December 31, 2016 or June 30, 2016.
Fair Value Election

As more fully disclosed in Note 2 and Note 6 to the Consolidated Financial Statements, the Company has elected to carry all residential mortgage-backed securities guaranteed by U.S. government agencies and U.S. Treasury securities held as economic hedges against changes in the fair value of mortgage servicing rights and all residential mortgage loans originated for sale at fair value. Changes in the fair value of these financial instruments are recognized in earnings.
v3.7.0.1
Federal and State Income Taxes Federal and State Income Taxes
6 Months Ended
Jun. 30, 2017
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]
Federal and State Income Taxes

The reconciliations of income (loss) attributable to continuing operations at the U.S. federal statutory tax rate to income tax expense are as follows (in thousands):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Amount:
 
 
 
 
 
 
 
 
Federal statutory tax
 
$
47,800

 
$
33,869

 
$
92,168

 
$
55,715

Tax exempt revenue
 
(3,224
)
 
(2,568
)
 
(6,335
)
 
(5,100
)
Effect of state income taxes, net of federal benefit
 
2,944

 
1,557

 
5,389

 
3,858

Utilization of tax credits:
 
 
 
 
 
 
 
 
Low-income housing tax credit, net of amortization
 
(526
)
 
(572
)
 
(2,249
)
 
(1,882
)
Other tax credits
 
(363
)
 
(521
)
 
(727
)
 
(1,042
)
Bank-owned life insurance
 
(775
)
 
(810
)
 
(1,547
)
 
(1,601
)
Share-based compensation
 
1,636

 

 
(2,301
)
 

Other, net
 
213

 
(458
)
 
1,410

 
1,977

Total income tax expense
 
$
47,705

 
$
30,497

 
$
85,808

 
$
51,925



 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Percent of pretax income:
 
 
 
 
 
 
 
 
Federal statutory tax
 
35.0
 %
 
35.0
 %
 
35.0
 %
 
35.0
 %
Tax exempt revenue
 
(2.4
)
 
(2.7
)
 
(2.4
)
 
(3.2
)
Effect of state income taxes, net of federal benefit
 
2.2

 
1.6

 
2.0

 
2.4

Utilization of tax credits:
 
 
 
 
 
 
 
 
Low-income housing tax credit, net of amortization
 
(0.4
)
 
(0.6
)
 
(0.8
)
 
(1.2
)
Other tax credits
 
(0.3
)
 
(0.5
)
 
(0.3
)
 
(0.6
)
Bank-owned life insurance
 
(0.6
)
 
(0.8
)
 
(0.6
)
 
(1.0
)
Share-based compensation
 
1.2

 

 
(0.9
)
 

Other, net
 
0.2

 
(0.5
)
 
0.6

 
1.2

Total
 
34.9
 %
 
31.5
 %
 
32.6
 %
 
32.6
 %
v3.7.0.1
Subsequent Events
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

The Company evaluated events from the date of the consolidated financial statements on June 30, 2017 through the issuance of those consolidated financial statements included in this Quarterly Report on Form 10-Q. No events were identified requiring recognition in and/or disclosure in the consolidated financial statements.
v3.7.0.1
Significant Accounting Policies (Policies)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Basis of Accounting, Policy [Policy Text Block]
The accompanying unaudited consolidated financial statements of BOK Financial Corporation (“BOK Financial” or “the Company”) have been prepared in accordance with accounting principles for interim financial information generally accepted in the United States and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.
Principles of Consolidation [Policy Text Block]
The unaudited consolidated financial statements include accounts of BOK Financial and its subsidiaries, principally BOKF, NA (“the Bank”), BOK Financial Securities, Inc., The Milestone Group, Inc. and Cavanal Hill Investment Management Inc. Operating divisions of the Bank include Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Oklahoma, Bank of Texas, Colorado State Bank and Trust, Mobank, BOK Financial Mortgage and the TransFund electronic funds network.

Reclassification, Policy [Policy Text Block]
Certain reclassifications have been made to conform to the current period presentation.
Newly Adopted and Pending Accounting Policies [Policy Text Block]
Newly Adopted and Pending Accounting Policies

Financial Accounting Standards Board (“FASB”)

FASB Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09")

On May 28, 2014, the FASB issued ASU 2014-09 to clarify the principles for recognizing revenue by providing a more robust framework that will give greater consistency and comparability in revenue recognition practices. In the new framework, an entity recognizes revenue in an amount that reflects the consideration to which the entity expects to be entitled in exchange for goods or services. The new model requires the identification of performance obligations included in contracts with customers, a determination of the transaction price and an allocation of the price to those performance obligations. The entity recognizes revenue when performance obligations are satisfied. ASU 2014-09 is effective for the Company for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Net interest revenue from financial assets and liabilities is explicitly excluded from the scope of ASU 2014-09. Management expects that most fees and commissions revenue will not be affected. The Company continues to evaluate the impact of ASU 2014-09 on Fiduciary and Asset Management Revenue and Transaction Card Revenue, which represents 19% of gross revenue and 43% of fees and commissions revenue for the first half of 2017. Timing of revenue recognition and gross versus net presentation may be affected. Management will adopt the standard in the first quarter of 2018 with a cumulative effect adjustment to opening retained earnings if such adjustment is significant.

FASB Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) ("ASU 2016-08")

On March 17, 2016, the FASB Issued ASU 2016-08 to amend the principal versus agent implementation guidance in ASU 2014-09. The ASU clarifies that an entity should evaluate whether it is the principal or the agent for each specified good or service promised in a contract with a customer. ASU 2016-08 is effective for the Company for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The Company is evaluating the impact the adoption of ASU 2016-08 will have on the Company's financial statements along with ASU 2014-09.



FASB Accounting Standards Update No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01")

On January 5, 2016, the FASB issued ASU 2016-01 over the recognition and measurement of financial assets and liabilities. The update requires equity investments, in general, to be measured at fair value with changes in fair value recognized in earnings. It also eliminates the requirement to disclose the methods and significant assumptions used to estimate the fair value for financial instruments measured at amortized cost, requires entities to use the exit price notion when measuring fair value, requires an entity to present separately in other comprehensive income the portion of the total change in fair value of a liability resulting from a change in the instrument-specific credit risk when the fair value option has been elected, requires separate presentation of financial assets and liabilities by measurement category and form on the balance sheet or accompanying notes, clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets, and simplifies the impairment assessment of equity investments without readily determinable fair values. The ASU is effective for the Company for interim and annual periods beginning after December 15, 2017. Upon adoption, unrealized gains and losses from equity securities will be reclassified from other comprehensive income to retained earnings. At June 30, 2017, the Company had $3.2 million of unrealized gains included in accumulated other comprehensive income.

FASB Accounting Standards Update No. 2016-02, Leases (Topic 842) ("ASU 2016-02")

On February 25, 2016, the FASB issued ASU 2016-02 to increase transparency and comparability by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. Lessees will be required to recognize an obligation for future lease payments measured on a discounted basis and a right-of-use asset. The ASU is effective for the Company for interim and annual periods beginning after December 15, 2018 and requires transition through a modified retrospective approach for leases existing at or entered into after January 1, 2017. The Company is evaluating the impact the adoption of ASU 2016-02 will have on the Company's financial statements.

FASB Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09")

On March 30, 2016, the FASB issued ASU 2016-09 to simplify multiple aspects of accounting for employee share-based payment transactions including accounting income taxes, forfeitures, and statutory tax withholding requirements. The ASU became effective for annual reporting periods beginning after December 15, 2016, including interim periods within those annual reporting periods. Implementation of ASU 2016-09 decreased tax expense $2.3 million in the first six months of 2017.
 
FASB Accounting Standards Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Assets Measured at Amortized Cost ("ASU 2016-13")

On June 16, 2016, the FASB issued ASU 2016-13 in order to provide more timely recording of credit losses on loans and other financial instruments. The ASU adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected credit losses rather than incurred credit losses. It requires measurement of all expected credit losses for financial assets carried at amortized cost, including loans and investment securities, based on historical experience, current conditions, and reasonable and supportable forecasts. ASU 2016-13 also changes the recognition of other-than-temporary impairment of available for sale securities to an allowance methodology from a direct write-down methodology. ASU 2016-13 will be effective for the Company for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for annual reporting periods beginning after December 15, 2018. ASU 2016-13 will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is evaluating the impact the adoption of ASU 2016-13 will have on the Company's financial statements.

FASB Accounting Standards Update No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments ("ASU 2016-15")

On August 26, 2016, the FASB issued ASU 2016-15, which amends guidance in ASC 230 on the classification of certain cash receipts and payments in the statement of cash flows. The amendments address eight cash flow issues. ASU 2016-15 is effective for the Company for interim and annual reporting periods beginning after December 15, 2017. Entities generally must apply the guidance retrospectively to all periods presented. Adoption of ASU 2016-15 is not expected to have a material impact on the Company's financial statements.
Derivatives, Policy [Policy Text Block]
Derivative instruments may be used by the Company as part of its internal risk management programs or may be offered to customers. All derivative instruments are carried at fair value and changes in fair value are reported in earnings as they occur. Credit risk is also considered in determining fair value.

When bilateral netting agreements or similar arrangements exist between the Company and its counterparties that create a single legal claim or obligation to pay or receive the net amount in settlement of the individual derivative contracts, the Company reports derivative assets and liabilities on a net by derivative contract type by counterparty basis.

Derivative contracts may require the Company to provide or receive cash margin as collateral for derivative assets and liabilities. Derivative assets and liabilities are reported net of cash margin when certain conditions are met. In addition, derivative contracts executed with customers under Customer Risk Management Programs may be secured by non-cash collateral in conjunction with a credit agreement with that customer. Access to collateral in the event of default is reasonably assured.
 
None of these derivative contracts have been designated as hedging instruments for accounting purposes.

Customer Risk Management Programs
 
BOK Financial offers programs to permit its customers to manage various risks, including fluctuations in energy, cattle and other agricultural products, interest rates and foreign exchange rates with derivative contracts. Customers may also manage interest rate risk through interest rate swaps used by borrowers to modify interest rate terms of their loans or to-be-announced securities used by mortgage banking customers to hedge their loan production. Derivative contracts are executed between the customers and BOK Financial. Offsetting contracts are executed between BOK Financial and other selected counterparties to minimize the risk of changes in commodity prices, interest rates or foreign exchange rates. The counterparty contracts are identical to customer contracts, except for a fixed pricing spread or fee paid to BOK Financial as profit and compensation for administrative costs and credit risk which is recognized over the life of the contracts and included in other operating revenue – brokerage and trading revenue in the Consolidated Statements of Earnings.
 
Internal Risk Management Programs
 
BOK Financial may use derivative contracts in managing its interest rate sensitivity, as part of its economic hedge of the change in the fair value of mortgage servicing rights and as an economic hedge of trading securities. As of June 30, 2017, derivative contracts under the internal risk management programs were primarily used as part of the economic hedges of the change in the fair value of the mortgage servicing rights and trading securities.

As discussed in Note 6, certain derivative contracts not designated as hedging instruments related to mortgage loan commitments and forward sales contracts are included in Residential mortgage loans held for sale on the Consolidated Balance Sheets. See Note 6 for additional discussion of notional, fair value and impact on earnings of these contracts.
Loans and Allowances for Credit Losses, Loans [Policy Text Block]
Loans

Loans are either secured or unsecured based on the type of loan and the financial condition of the borrower. Repayment is generally expected from cash flow or proceeds from the sale of selected assets of the borrower. BOK Financial is exposed to risk of loss on loans due to the borrower’s difficulties, which may arise from any number of factors, including problems within the respective industry or local economic conditions. Access to collateral, in the event of borrower default, is reasonably assured through adherence to applicable lending laws and through sound lending standards and credit review procedures. Accounting policies for all loans, excluding residential mortgage loans guaranteed by U.S. government agencies, are as follows.

Interest is accrued at the applicable interest rate on the principal amount outstanding. Loans are placed on nonaccruing status when, in the opinion of management, full collection of principal or interest is uncertain. Internally risk graded loans are individually evaluated for nonaccruing status quarterly. Non-risk graded loans are generally placed on nonaccruing status when more than 90 days past due or within 60 days of being notified of the borrower's bankruptcy filing. Interest previously accrued but not collected is charged against interest income when the loan is placed on nonaccruing status. Payments on nonaccruing loans are applied to principal or recognized as interest income, according to management’s judgment as to the collectability of principal. Loans may be returned to accruing status when, in the opinion of management, full collection of principal and interest, including principal previously charged off, is probable based on improvements in the borrower’s financial condition or a sustained period of performance.

Loans to borrowers experiencing financial difficulties may be modified in troubled debt restructurings ("TDRs"). All TDRs are classified as nonaccruing, excluding loans guaranteed by U.S. government agencies. Modifications generally consist of extension of payment terms or interest rate concessions and may result either voluntarily through negotiations with the borrower or involuntarily through court order. Generally, principal and accrued but unpaid interest is not voluntarily forgiven.

Performing loans may be renewed under the current collateral value, debt service ratio and other underwriting standards. Nonaccruing loans may be renewed and will remain classified as nonaccruing. 

All loans are charged off when the loan balance or a portion of the loan balance is no longer supported by the paying capacity of the borrower or when the required cash flow is reduced in a TDR. The charge-off amount is determined through a quarterly evaluation of available cash resources and collateral value and charge-offs are taken in the quarter in which the loss is identified. Non-risk graded loans that are past due between 60 days and 180 days, based on the loan product type, are charged off. Loans to borrowers whose personal obligation has been discharged through Chapter 7 bankruptcy proceedings are charged off within 60 days of notice of the bankruptcy filing, regardless of payment status.

Loan origination and commitment fees and direct loan acquisition and origination costs are deferred and amortized as an adjustment to yield over the life of the loan or over the commitment period, as applicable.

Qualifying residential mortgage loans guaranteed by U.S. government agencies have been sold into GNMA pools. Under certain performance conditions specified in government programs, the Company may have the right, but not the obligation to repurchase loans from GNMA pools. These loans no longer qualify for sale accounting and are recognized in the Consolidated Balance Sheets. Guaranteed loans are considered impaired because we do not expect to receive all principal and interest based on the loan's contractual terms. The principal balance continues to be guaranteed; however, interest accrues at a curtailed rate as specified in the programs. The carrying value of these loans is reduced based on an estimate of the expected cash flows discounted at the original note rate plus a liquidity spread. Guaranteed loans may be modified in TDRs in accordance with U.S. government agency guidelines. Interest continues to accrue based on the modified rate. Guaranteed loans may either be resold into GNMA pools after a performance period specified by the programs or foreclosed and conveyed to the guarantors.

Loans are disaggregated into portfolio segments and further disaggregated into classes. The portfolio segment is the level at which the Company develops and documents a systematic method for determining its allowance for credit losses. Classes are a further disaggregation of portfolio segments based on the risk characteristics of the loans and the Company’s method for monitoring and assessing credit risk.
Loans and Allowances for Credit Losses, Allowances for Credit Losses [Policy Text Block]
Allowances for Credit Losses

BOK Financial maintains an allowance for loan losses and an accrual for off-balance sheet credit risk. The accrual for off-balance sheet credit risk is maintained at a level that is appropriate to cover estimated losses associated with credit instruments that are not currently recognized as assets such as loan commitments, standby letters of credit or guarantees. As discussed in greater detail in Note 6, the Company also has separate accruals for off-balance sheet credit risk related to residential mortgage loans previously sold with full or partial recourse and for residential mortgage loans sold to government sponsored agencies under standard representations and warranties.

The appropriateness of the allowance for loan losses and accrual for off-balance sheet credit losses (collectively "allowance for credit losses") is assessed by management based on an ongoing quarterly evaluation of the probable estimated losses inherent in the portfolio, including probable losses on both outstanding loans and unused commitments.

The allowance for loan losses consists of specific allowances attributed to impaired loans that have not yet been charged down to amounts we expect to recover, general allowances for unimpaired loans based on estimated loss rates by loan class and nonspecific allowances based on general economic conditions, risk concentration and related factors. There have been no material changes in the approach or techniques utilized in developing the allowance for loan losses and the accrual for off-balance sheet credit losses for the three and six months ended June 30, 2017.

Loans are considered to be impaired when it becomes probable that BOK Financial will be unable to collect all amounts due according to the contractual terms of the loan agreements. Internally risk graded loans are evaluated individually for impairment. Substantially all commercial and commercial real estate loans and certain residential mortgage and consumer loans are risk graded based on evaluation of the borrowers' ability to repay. Certain commercial loans and most residential mortgage and consumer loans are small balance, homogeneous pools of loans that are not risk graded. Non-risk graded loans are identified as impaired based on performance status. Generally, non-risk graded loans 90 days or more past due or modified in a TDR or in bankruptcy are considered to be impaired.

Specific allowances for impaired loans are measured by an evaluation of estimated future cash flows discounted at the loans’ initial effective interest rate or the fair value of collateral for certain collateral dependent loans. Collateral value of real property is generally based on third party appraisals that conform to Uniform Standards of Professional Appraisal Practice, less estimated selling costs. Appraised values are on an "as-is" basis and are generally not adjusted by the Company. Updated appraisals are obtained at least annually or more frequently if market conditions indicate collateral values have declined. Collateral value of mineral rights is generally determined by our internal staff of engineers based on projected cash flows under current market conditions. Collateral values and available cash resources that support impaired loans are evaluated quarterly. Historical statistics may be used as a practical way to estimate impairment in limited situations, such as when a collateral dependent loan is identified as impaired at the end of a reporting period, until an updated appraisal of collateral value is received or a full assessment of future cash flows is completed. Estimates of future cash flows and collateral values require significant judgments and may be volatile.

General allowances for unimpaired loans are based on estimated loss rates by loan class. The gross loss rate for each loan class is determined by the greater of the current gross loss rate based on the most recent twelve months or a ten-year gross loss rate. Recoveries are not directly considered in the estimation of loss rates. Recoveries generally do not follow predictable patterns and are not received until well after the charge-off date as a result of protracted legal actions. For risk graded loans, gross loss rates are adjusted for changes in risk grading. For each loan class, the current weighted average risk grade is compared to the long-term average risk grade. This comparison determines whether credit risk in each loan class is increasing or decreasing. Loss rates are adjusted upward or downward in proportion to changes in average risk grading. General allowances for unimpaired loans also consider inherent risks identified for each loan class. Inherent risks consider loss rates that most appropriately represent the current credit cycle and other factors attributable to specific loan classes which have not yet been represented in the gross loss rates or risk grading. These factors include changes in commodity prices or engineering imprecision, which may affect the value of reserves that secure our energy loan portfolio, construction risk that may affect commercial real estate loans, changes in regulations and public policy that may disproportionately impact health care loans and changes in loan products.

Nonspecific allowances are maintained for risks beyond factors specific to a particular loan or loan class. These factors include trends in the economy of our primary lending areas, concentrations in large balance loans and other relevant factors.

An accrual for off-balance sheet credit losses is included in Other liabilities in the Consolidated Balance Sheets. The appropriateness of this accrual is determined in the same manner as the allowance for loan losses.

A provision for credit losses is charged against or credited to earnings in amounts necessary to maintain an appropriate allowance for credit losses. Recoveries of loans previously charged off are added to the allowance when received.
v3.7.0.1
Securities (Tables)
6 Months Ended
Jun. 30, 2017
Marketable Securities [Abstract]  
Trading Securities [Table Text Block]
The fair value and net unrealized gain (loss) included in trading securities is as follows (in thousands):
 
 
 
June 30, 2017
 
December 31, 2016
 
June 30, 2016
 
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair
Value
 
Net Unrealized Gain (Loss)
U.S. government agency debentures
 
$
20,954

 
$
(9
)
 
$
6,234

 
$
(4
)
 
$
18,909

 
$
(8
)
U.S. government agency residential mortgage-backed securities
 
365,171

 
(1,032
)
 
310,067

 
635

 
122,306

 
363

Municipal and other tax-exempt securities
 
45,444

 
230

 
14,427

 
50

 
52,721

 
262

Other trading securities
 
9,845

 
(175
)
 
6,900

 
57

 
17,686

 
169

Total trading securities
 
$
441,414

 
$
(986
)
 
$
337,628

 
$
738

 
$
211,622

 
$
786

Investment Securities (Held-to-Maturity) [Table Text Block]
The amortized cost and fair values of investment securities are as follows (in thousands):

 
 
June 30, 2017
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
267,375

 
$
270,531

 
$
3,384

 
$
(228
)
U.S. government agency residential mortgage-backed securities – Other
 
18,035

 
18,642

 
668

 
(61
)
Other debt securities
 
205,016

 
226,502

 
22,040

 
(554
)
Total investment securities
 
$
490,426

 
$
515,675

 
$
26,092

 
$
(843
)

1 
Gross unrealized gains and losses are not recognized in Accumulated Other Comprehensive Income "AOCI" in the Consolidated Balance Sheets.
 
 
December 31, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
320,364

 
$
321,225

 
$
2,272

 
$
(1,411
)
U.S. government agency residential mortgage-backed securities – Other
 
20,777

 
21,473

 
767

 
(71
)
Other debt securities
 
205,004

 
222,795

 
18,115

 
(324
)
Total investment securities
 
$
546,145

 
$
565,493

 
$
21,154

 
$
(1,806
)

1 
Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
 
 
June 30, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
Cost
 
Value
 
Gain
 
Loss
Municipal and other tax-exempt
 
$
334,551

 
$
340,700

 
$
6,234

 
$
(85
)
U.S. government agency residential mortgage-backed securities – Other
 
23,750

 
25,233

 
1,483

 

Other debt securities
 
202,410

 
233,129

 
30,723

 
(4
)
Total investment securities
 
$
560,711

 
$
599,062

 
$
38,440

 
$
(89
)

1 
Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
The amortized cost and fair values of investment securities at June 30, 2017, by contractual maturity, are as shown in the following table (dollars in thousands):
 
 
Less than
One Year
 
One to
Five Years
 
Six to
Ten Years
 
Over
Ten Years
 
Total
 
Weighted
Average
Maturity²
Municipal and other tax-exempt:
 
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
 
$
90,415

 
$
122,560

 
$
10,739

 
$
43,661

 
$
267,375

 
3.48

Fair value
 
90,436

 
122,914

 
11,220

 
45,961

 
270,531

 
 
Nominal yield¹
 
1.66
%
 
2.12
%
 
4.88
%
 
5.05
%
 
2.55
%
 
 
Other debt securities:
 
 

 
 

 
 

 
 

 
 

 
 
Amortized cost
 
14,286

 
45,638

 
130,279

 
14,813

 
205,016

 
6.59

Fair value
 
14,482

 
48,973

 
148,415

 
14,632

 
226,502

 
 
Nominal yield
 
3.84
%
 
4.95
%
 
5.75
%
 
4.46
%
 
5.35
%
 
 
Total fixed maturity securities:
 
 

 
 

 
 

 
 

 
 

 
 
Amortized cost
 
$
104,701

 
$
168,198

 
$
141,018

 
$
58,474

 
$
472,391

 
4.83

Fair value
 
104,918

 
171,887

 
159,635

 
60,593

 
497,033

 
 

Nominal yield
 
1.95
%
 
2.89
%
 
5.69
%
 
4.90
%
 
3.77
%
 
 

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 
 

 
 

 
 

 
 

 
$
18,035

 
³

Fair value
 
 

 
 

 
 

 
 

 
18,642

 
 

Nominal yield4
 
 

 
 

 
 

 
 

 
2.76
%
 
 

Total investment securities:
 
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 
 

 
 

 
 

 
 

 
$
490,426

 
 

Fair value
 
 

 
 

 
 

 
 

 
515,675

 
 

Nominal yield
 
 

 
 

 
 

 
 

 
3.73
%
 
 

1 
Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
2 
Expected maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without penalty.
3 
The average expected lives of residential mortgage-backed securities were 4.7 years based upon current prepayment assumptions.
4 
The nominal yield on residential mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary - Unaudited for current yields on the investment securities portfolio.
Available For Sale Securities [Table Text Block]
The amortized cost and fair value of available for sale securities are as follows (in thousands):
 
 
June 30, 2017
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
998

 
$

 
$
(2
)
 
$

Municipal and other tax-exempt
 
32,885

 
32,765

 
293

 
(413
)
 

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
3,005,920

 
3,008,531

 
24,213

 
(21,602
)
 

FHLMC
 
1,412,376

 
1,412,472

 
7,785

 
(7,689
)
 

GNMA
 
938,086

 
936,365

 
3,641

 
(5,362
)
 

Other
 
25,000

 
25,009

 
52

 
(43
)
 

Total U.S. government agencies
 
5,381,382

 
5,382,377

 
35,691

 
(34,696
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
38,334

 
46,903

 
8,569

 

 

Jumbo-A loans
 
48,322

 
56,480

 
8,158

 

 

Total private issue
 
86,656

 
103,383

 
16,727

 

 

Total residential mortgage-backed securities
 
5,468,038

 
5,485,760

 
52,418

 
(34,696
)
 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,788,543

 
2,782,070

 
7,804

 
(14,277
)
 

Other debt securities
 
4,400

 
4,152

 

 
(248
)
 

Perpetual preferred stock
 
12,562

 
16,568

 
4,006

 

 

Equity securities and mutual funds
 
17,572

 
18,728

 
1,219

 
(63
)
 

Total available for sale securities
 
$
8,325,000

 
$
8,341,041

 
$
65,740

 
$
(49,699
)
 
$

1 Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.
 
 
December 31, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized¹
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
999

 
$

 
$
(1
)
 
$

Municipal and other tax-exempt
 
41,050

 
40,993

 
343

 
(400
)
 

Residential mortgage-backed securities:
 
 
 
 

 
 

 
 

 
 

U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
3,062,525

 
3,055,676

 
25,066

 
(31,915
)
 

FHLMC
 
1,534,451

 
1,531,116

 
8,475

 
(11,810
)
 

GNMA
 
878,375

 
873,594

 
2,259

 
(7,040
)
 

Total U.S. government agencies
 
5,475,351

 
5,460,386

 
35,800

 
(50,765
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
44,245

 
51,512

 
7,485

 

 
(218
)
Jumbo-A loans
 
56,947

 
64,023

 
7,092

 
(16
)
 

Total private issue
 
101,192

 
115,535

 
14,577

 
(16
)
 
(218
)
Total residential mortgage-backed securities
 
5,576,543

 
5,575,921

 
50,377

 
(50,781
)
 
(218
)
Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,035,750

 
3,017,933

 
5,472

 
(23,289
)
 

Other debt securities
 
4,400

 
4,152

 

 
(248
)
 

Perpetual preferred stock
 
15,561

 
18,474

 
2,913

 

 

Equity securities and mutual funds
 
17,424

 
18,357

 
1,060

 
(127
)
 

Total available for sale securities
 
$
8,691,728

 
$
8,676,829

 
$
60,165

 
$
(74,846
)
 
$
(218
)
1 Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.

 
 
June 30, 2016
 
 
Amortized
 
Fair
 
Gross Unrealized1
 
 
 
 
Cost
 
Value
 
Gain
 
Loss
 
OTTI²
U.S. Treasury
 
$
1,000

 
$
1,004

 
$
4

 
$

 
$

Municipal and other tax-exempt
 
50,170

 
50,262

 
805

 
(713
)
 

Residential mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

FNMA
 
2,908,698

 
2,988,974

 
80,549

 
(273
)
 

FHLMC
 
1,746,661

 
1,785,332

 
38,869

 
(198
)
 

GNMA
 
921,928

 
925,962

 
4,646

 
(612
)
 

Total U.S. government agencies
 
5,577,287

 
5,700,268

 
124,064

 
(1,083
)
 

Private issue:
 
 

 
 

 
 

 
 

 
 

Alt-A loans
 
49,522

 
54,536

 
5,461

 

 
(447
)
Jumbo-A loans
 
65,787

 
71,777

 
6,355

 
(36
)
 
(329
)
Total private issue
 
115,309

 
126,313

 
11,816

 
(36
)
 
(776
)
Total residential mortgage-backed securities
 
5,692,596

 
5,826,581

 
135,880

 
(1,119
)
 
(776
)
Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,854,306

 
2,911,946

 
57,762

 
(122
)
 

Other debt securities
 
4,400

 
4,151

 

 
(249
)
 

Perpetual preferred stock
 
15,562

 
17,931

 
2,369

 

 

Equity securities and mutual funds
 
17,270

 
18,814

 
1,558

 
(14
)
 

Total available for sale securities
 
$
8,635,304

 
$
8,830,689

 
$
198,378

 
$
(2,217
)
 
$
(776
)
1 
Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
2 
Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.

The amortized cost and fair values of available for sale securities at June 30, 2017, by contractual maturity, are as shown in the following table (dollars in thousands):
 
Less than
One Year
 
One to
Five Years
 
Six to
Ten Years
 
Over
Ten Years
 
Total
 
Weighted
Average
Maturity5
U.S. Treasuries:
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
$
1,000

 
$

 
$

 
$

 
$
1,000

 
0.55

Fair value
998

 

 

 

 
998

 
 
Nominal yield
0.87
%
 
%
 
%
 
%
 
0.87
%
 
 
Municipal and other tax-exempt:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$
8,981

 
$
6,380

 
$
1,028

 
$
16,496

 
$
32,885

 
8.87

Fair value
9,021

 
6,497

 
1,081

 
16,166

 
32,765

 
 
Nominal yield¹
4.24
%
 
3.91
%
 
6.72
%
 
2.28
%
6 
3.27
%
 
 
Commercial mortgage-backed securities:
 
 
 
 
 
 
 
 
 
 
 
Amortized cost
$
58,263

 
$
880,459

 
$
1,571,735

 
$
278,086

 
$
2,788,543

 
6.98

Fair value
58,147

 
879,286

 
1,568,732

 
275,905

 
2,782,070

 
 
Nominal yield
1.20
%
 
1.83
%
 
1.84
%
 
1.88
%
 
1.82
%
 
 
Other debt securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$

 
$

 
$

 
$
4,400

 
$
4,400

 
30.16

Fair value

 

 

 
4,152

 
4,152

 
 
Nominal yield
%
 
%
 
%
 
1.71
%
6 
1.71
%
 
 
Total fixed maturity securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
$
68,244

 
$
886,839

 
$
1,572,763

 
$
298,982

 
$
2,826,828

 
7.03

Fair value
68,166

 
885,783

 
1,569,813

 
296,223

 
2,819,985

 
 
Nominal yield
1.60
%
 
1.85
%
 
1.85
%
 
1.90
%
 
1.83
%
 
 
Residential mortgage-backed securities:
 

 
 

 
 

 
 

 
 
 
 
Amortized cost
 

 
 

 
 

 
 

 
$
5,468,038

 
2 

Fair value
 

 
 

 
 

 
 

 
5,485,760

 
 
Nominal yield4
 

 
 

 
 

 
 

 
1.94
%
 
 
Equity securities and mutual funds:
 

 
 

 
 

 
 

 
 

 
 

Amortized cost
 

 
 

 
 

 
 

 
$
30,134

 
³

Fair value
 

 
 

 
 

 
 

 
35,296

 
 

Nominal yield
 

 
 

 
 

 
 

 
%
 
 

Total available-for-sale securities:
 

 
 

 
 

 
 

 
 
 
 

Amortized cost
 

 
 

 
 

 
 

 
$
8,325,000

 
 

Fair value
 

 
 

 
 

 
 

 
8,341,041

 
 

Nominal yield
 

 
 

 
 

 
 

 
1.90
%
 
 

1 
Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
2 
The average expected lives of mortgage-backed securities were 3.9 years years based upon current prepayment assumptions.
3 
Primarily common stock and preferred stock of corporate issuers with no stated maturity.
4 
The nominal yield on mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary –– Unaudited following for current yields on available for sale securities portfolio.
5 
Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalty.
6 
Nominal yield on municipal and other tax-exempt securities and other debt securities with contractual maturity dates over ten years are based on variable rates which generally are reset within 35 days.

Sales of available for sale securities resulted in gains and losses as follows (in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Proceeds
$
460,402

 
$
325,758

 
$
700,412

 
$
795,140

Gross realized gains
2,763

 
5,326

 
4,855

 
9,290

Gross realized losses
(2,383
)
 

 
(2,426
)
 

Related federal and state income tax expense
148

 
2,072

 
945

 
3,614

Securities Pledged As Collateral [Table Text Block]
A summary of investment and available for sale securities that have been pledged as collateral for repurchase agreements, public trust funds on deposit and for other purposes, as required by law was as follows (in thousands):
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
Investment:
 
 
 
 
 
Amortized cost
$
251,684

 
$
322,208

 
$
287,166

Fair value
255,097

 
323,808

 
293,625

 
 
 
 
 
 
Available for sale:
 
 
 
 
 
Amortized cost
6,327,666

 
7,353,116

 
7,502,361

Fair value
6,317,623

 
7,327,470

 
7,657,916

Schedule of Unrealized Loss on Investments [Table Text Block]
Temporarily Impaired Securities as of June 30, 2017
(in thousands):
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
82

 
$
111,078

 
$
149

 
$
3,000

 
$
79

 
$
114,078

 
$
228

U.S. government agency residential mortgage-backed securities – Other
 
1

 
3,810

 
61

 

 

 
3,810

 
61

Other debt securities
 
22

 
8,384

 
554

 

 

 
8,384

 
554

Total investment securities
 
105

 
$
123,272

 
$
764

 
$
3,000

 
$
79

 
$
126,272

 
$
843


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. Treasury
 
1

 
$
997

 
$
2

 
$

 
$

 
$
997

 
$
2

Municipal and other tax-exempt
 
13

 
$
1,957

 
$
1

 
$
4,655

 
$
412

 
$
6,612

 
$
413

Residential mortgage-backed securities:
 
 
 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 
 
 

 
 

 
 

 
 

 


 


FNMA
 
75

 
1,381,687

 
20,288

 
87,371

 
1,314

 
1,469,058

 
21,602

FHLMC
 
42

 
731,853

 
7,213

 
16,388

 
476

 
748,241

 
7,689

GNMA
 
21

 
291,806

 
3,766

 
76,605

 
1,596

 
368,411

 
5,362

Other
 
1

 
19,957

 
43

 

 

 
19,957

 
43

Total U.S. government agencies
 
139


2,425,303


31,310


180,364


3,386


2,605,667


34,696

Private issue:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 

 

 

 

 

 

 

Jumbo-A loans
 

 

 

 

 

 

 

Total private issue
 

 

 

 

 

 

 

Total residential mortgage-backed securities
 
139

 
2,425,303

 
31,310

 
180,364

 
3,386

 
2,605,667

 
34,696

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
121

 
1,388,406

 
12,690

 
78,828

 
1,587

 
1,467,234

 
14,277

Other debt securities
 
2

 

 

 
4,152

 
248

 
4,152

 
248

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
91

 
1,668

 
22

 
887

 
41

 
2,555

 
63

Total available for sale securities
 
367

 
$
3,818,331


$
44,025


$
268,886


$
5,674


$
4,087,217


$
49,699




Temporarily Impaired Securities as of December 31, 2016
(In thousands)
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
151

 
$
219,892

 
$
1,316

 
$
4,333

 
$
95

 
$
224,225

 
$
1,411

U.S. government agency residential mortgage-backed securities – Other
 
1

 
4,358

 
71

 

 

 
4,358

 
71

Other debt securities
 
41

 
11,820

 
322

 
855

 
2

 
12,675

 
324

Total investment securities
 
193

 
$
236,070

 
$
1,709

 
$
5,188

 
$
97

 
$
241,258

 
$
1,806


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 


 


U.S. Treasury
 
1

 
$
999

 
$
1

 
$

 
$

 
$
999

 
$
1

Municipal and other tax-exempt
 
24

 
$
15,666

 
$
22

 
$
4,689

 
$
378

 
$
20,355

 
$
400

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

 


 


FNMA
 
91

 
1,787,644

 
30,238

 
72,105

 
1,677

 
1,859,749

 
31,915

FHLMC
 
58

 
964,017

 
11,210

 
18,307

 
600

 
982,324

 
11,810

GNMA
 
31

 
548,637

 
6,145

 
25,796

 
895

 
574,433

 
7,040

Total U.S. government agencies
 
180

 
3,300,298

 
47,593

 
116,208

 
3,172

 
3,416,506

 
50,765

Private issue1:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 
5

 
7,931

 
174

 
7,410

 
44

 
15,341

 
218

Jumbo-A loans
 
1

 

 

 
6,098

 
16

 
6,098

 
16

Total private issue
 
6

 
7,931

 
174

 
13,508

 
60

 
21,439

 
234

Total residential mortgage-backed securities
 
186

 
3,308,229

 
47,767

 
129,716

 
3,232

 
3,437,945

 
50,999

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
171

 
1,904,584

 
22,987

 
38,875

 
302

 
1,943,459

 
23,289

Other debt securities
 
2

 

 

 
4,152

 
248

 
4,152

 
248

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
104

 
2,127

 
41

 
817

 
86

 
2,944

 
127

Total available for sale securities
 
488

 
$
5,231,605


$
70,818


$
178,249


$
4,246


$
5,409,854


$
75,064

1 
Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.


Temporarily Impaired Securities as of June 30, 2016
(In thousands)
 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Investment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt
 
19

 
$
11,915

 
$
20

 
$
4,378

 
$
65

 
$
16,293

 
$
85

U.S. government agency residential mortgage-backed securities – Other
 

 

 

 

 

 

 

Other debt securities
 
1

 

 

 
858

 
4

 
858

 
4

Total investment securities
 
20

 
$
11,915

 
$
20

 
$
5,236

 
$
69

 
$
17,151

 
$
89


 
 
Number of Securities
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
Available for sale:
 
 

 
 

 
 

 
 

 
 

 


 


U.S. Treasury
 

 
$

 
$

 
$

 
$

 
$

 
$

Municipal and other tax-exempt1
 
17

 
$
375

 
$

 
$
10,289

 
$
713

 
$
10,664

 
$
713

Residential mortgage-backed securities:
 
 

 
 

 
 

 
 

 
 

 


 


U. S. government agencies:
 
 

 
 

 
 

 
 

 
 

 


 


FNMA
 
4

 
97,910

 
267

 
15,401

 
6

 
113,311

 
273

FHLMC
 
1

 

 

 
22,338

 
198

 
22,338

 
198

GNMA
 
11

 
349,631

 
612

 

 

 
349,631

 
612

Total U.S. government agencies
 
16

 
447,541

 
879

 
37,739

 
204

 
485,280

 
1,083

Private issue1:
 
 

 
 

 
 

 
 

 
 

 


 


Alt-A loans
 
5

 
8,513

 
241

 
8,291

 
206

 
16,804

 
447

Jumbo-A loans
 
9

 
7,076

 
36

 
7,877

 
329

 
14,953

 
365

Total private issue
 
14

 
15,589

 
277

 
16,168

 
535

 
31,757

 
812

Total residential mortgage-backed securities
 
30

 
463,130

 
1,156

 
53,907

 
739

 
517,037

 
1,895

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
11

 
103,955

 
37

 
65,857

 
85

 
169,812

 
122

Other debt securities
 
2

 

 

 
4,151

 
249

 
4,151

 
249

Perpetual preferred stocks
 

 

 

 

 

 

 

Equity securities and mutual funds
 
30

 

 

 
889

 
14

 
889

 
14

Total available for sale securities
 
90

 
$
567,460

 
$
1,193

 
$
135,093

 
$
1,800

 
$
702,553

 
$
2,993

1 
Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.

Fair Value Option Securities [Table Text Block]
The fair value and net unrealized gain (loss) included in fair value option securities is as follows (in thousands):
 
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
 
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair Value
 
Net Unrealized Gain (Loss)
 
Fair
Value
 
Net Unrealized Gain (Loss)
U.S. Treasury
 
$

 
$

 
$

 
$

 
$
25,306

 
$
(43
)
U.S. government agency residential mortgage-backed securities
 
445,169

 
1,247

 
77,046

 
(1,777
)
 
237,959

 
4,476

Total
 
$
445,169

 
$
1,247

 
$
77,046

 
$
(1,777
)
 
$
263,265

 
$
4,433

Schedule of Restricted Equity Securities [Table Text Block]
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
Federal Reserve stock
$
36,676

 
$
36,498

 
$
36,283

Federal Home Loan Bank stock
274,113

 
270,541

 
283,155

Other
244

 
201

 
201

Total
$
311,033


$
307,240


$
319,639

v3.7.0.1
Derivatives (Tables)
6 Months Ended
Jun. 30, 2017
Derivative Instrument Detail [Abstract]  
Derivative Contracts [Table Text Block]
The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at June 30, 2017 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,174,687

 
$
57,948

 
$
(29,034
)
 
$
28,914

 
$

 
$
28,914

Interest rate swaps
 
1,450,193

 
29,932

 

 
29,932

 
(2,206
)
 
27,726

Energy contracts
 
891,480

 
56,824

 
(20,546
)
 
36,278

 
(21,267
)
 
15,011

Agricultural contracts
 
45,250

 
3,541

 
(1,027
)
 
2,514

 

 
2,514

Foreign exchange contracts
 
169,529

 
162,429

 

 
162,429

 
(7
)
 
162,422

Equity option contracts
 
100,159

 
4,437

 

 
4,437

 
(920
)
 
3,517

Total customer risk management programs
 
18,831,298

 
315,111

 
(50,607
)
 
264,504

 
(24,400
)
 
240,104

Internal risk management programs
 
10,680,498

 
40,185

 

 
40,185

 

 
40,185

Total derivative contracts
 
$
29,511,796

 
$
355,296

 
$
(50,607
)
 
$
304,689

 
$
(24,400
)
 
$
280,289

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional¹
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,174,687

 
$
53,829

 
$
(29,034
)
 
$
24,795

 
$

 
$
24,795

Interest rate swaps
 
1,450,193

 
29,982

 

 
29,982

 
(15,396
)
 
14,586

Energy contracts
 
874,625

 
53,895

 
(20,546
)
 
33,349

 

 
33,349

Agricultural contracts
 
45,262

 
3,538

 
(1,027
)
 
2,511

 
(2,511
)
 

Foreign exchange contracts
 
169,553

 
162,276

 

 
162,276

 
(3,188
)
 
159,088

Equity option contracts
 
100,159

 
4,437

 

 
4,437

 

 
4,437

Total customer risk management programs
 
18,814,479

 
307,957

 
(50,607
)
 
257,350

 
(21,095
)
 
236,255

Internal risk management programs
 
8,310,950

 
49,564

 

 
49,564

 

 
49,564

Total derivative contracts
 
$
27,125,429

 
$
357,521

 
$
(50,607
)
 
$
306,914

 
$
(21,095
)
 
$
285,819

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.


The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at December 31, 2016 (in thousands):

 
 
Assets
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,949,152

 
$
180,695

 
$
(60,555
)
 
$
120,140

 
$

 
$
120,140

Interest rate swaps
 
1,403,408

 
34,442

 

 
34,442

 
(4,567
)
 
29,875

Energy contracts
 
835,566

 
64,140

 
(28,298
)
 
35,842

 
(71
)
 
35,771

Agricultural contracts
 
53,209

 
1,382

 
(515
)
 
867

 

 
867

Foreign exchange contracts
 
580,886

 
494,349

 

 
494,349

 
(5,183
)
 
489,166

Equity option contracts
 
100,924

 
4,357

 

 
4,357

 
(730
)
 
3,627

Total customer risk management programs
 
19,923,145

 
779,365

 
(89,368
)
 
689,997

 
(10,551
)
 
679,446

Internal risk management programs
 
2,514,169

 
10,426

 

 
10,426

 

 
10,426

Total derivative contracts
 
$
22,437,314

 
$
789,791

 
$
(89,368
)
 
$
700,423

 
$
(10,551
)
 
$
689,872

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,637,532

 
$
176,928

 
$
(60,555
)
 
$
116,373

 
$

 
$
116,373

Interest rate swaps
 
1,403,408

 
34,442

 

 
34,442

 
(11,977
)
 
22,465

Energy contracts
 
820,365

 
64,306

 
(28,298
)
 
36,008

 
(31,534
)
 
4,474

Agricultural contracts
 
53,216

 
1,365

 
(515
)
 
850

 
(769
)
 
81

Foreign exchange contracts
 
580,712

 
494,695

 

 
494,695

 
(3,630
)
 
491,065

Equity option contracts
 
100,924

 
4,357

 

 
4,357

 

 
4,357

Total customer risk management programs
 
19,596,157

 
776,093

 
(89,368
)
 
686,725

 
(47,910
)
 
638,815

Internal risk management programs
 
2,582,202

 
25,716

 

 
25,716

 

 
25,716

Total derivative contracts
 
$
22,178,359

 
$
801,809

 
$
(89,368
)
 
$
712,441

 
$
(47,910
)
 
$
664,531

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.




The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at June 30, 2016 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
18,774,134

 
$
183,118

 
$
(67,383
)
 
$
115,735

 
$

 
$
115,735

Interest rate swaps
 
1,299,985

 
54,978

 

 
54,978

 
(1,100
)
 
53,878

Energy contracts
 
757,669

 
59,103

 
(33,996
)
 
25,107

 
(155
)
 
24,952

Agricultural contracts
 
50,848

 
2,488

 
(1,609
)
 
879

 
(37
)
 
842

Foreign exchange contracts
 
701,436

 
675,804

 

 
675,804

 
(5,054
)
 
670,750

Equity option contracts
 
116,901

 
4,236

 

 
4,236

 
(478
)
 
3,758

Total customer risk management programs
 
21,700,973

 
979,727

 
(102,988
)
 
876,739

 
(6,824
)
 
869,915

Internal risk management programs
 
1,337,000

 
13,758

 

 
13,758

 

 
13,758

Total derivative contracts
 
$
23,037,973

 
$
993,485

 
$
(102,988
)
 
$
890,497

 
$
(6,824
)
 
$
883,673

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
18,662,334

 
$
179,443

 
$
(67,383
)
 
$
112,060

 
$
(103,724
)
 
$
8,336

Interest rate swaps
 
1,299,985

 
55,404

 

 
55,404

 
(32,597
)
 
22,807

Energy contracts
 
734,538

 
58,033

 
(33,996
)
 
24,037

 
(11,784
)
 
12,253

Agricultural contracts
 
50,843

 
2,476

 
(1,609
)
 
867

 

 
867

Foreign exchange contracts
 
701,219

 
675,383

 

 
675,383

 
(4,723
)
 
670,660

Equity option contracts
 
116,901

 
4,236

 

 
4,236

 

 
4,236

Total customer risk management programs
 
21,565,820

 
974,975

 
(102,988
)
 
871,987

 
(152,828
)
 
719,159

Internal risk management programs
 

 

 

 

 

 

Total derivative contracts
 
$
21,565,820

 
$
974,975

 
$
(102,988
)
 
$
871,987

 
$
(152,828
)
 
$
719,159

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
Derivative Instruments, Gain (Loss) in Statement of Earnings [Table Text Block]
The following summarizes the pre-tax net gains (losses) on derivative instruments and where they are recorded in the income statement (in thousands):
 
 
Three Months Ended
 
 
June 30, 2017
 
June 30, 2016
 
 
Brokerage
and Trading Revenue
 
Gain (Loss) on Derivatives, Net
 
Brokerage
and Trading
Revenue
 
Gain (Loss)on Derivatives, Net
Customer risk management programs:
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
9,205

 
$

 
$
9,862

 
$

Interest rate swaps
 
665

 

 
723

 

Energy contracts
 
1,666

 

 
2,749

 

Agricultural contracts
 
11

 

 
32

 

Foreign exchange contracts
 
90

 

 
134

 

Equity option contracts
 

 

 

 

Total customer risk management programs
 
11,637

 

 
13,500

 

Internal risk management programs
 
6,485

 
3,241

 
(9
)
 
10,766

Total derivative contracts
 
$
18,122

 
$
3,241

 
$
13,491

 
$
10,766


 
 
Six Months Ended
 
 
June 30, 2017
 
June 30, 2016
 
 
Brokerage
and Trading Revenue
 
Gain (Loss) on Derivatives, Net
 
Brokerage
and Trading
Revenue
 
Gain (Loss) on Derivatives, Net
Customer risk management programs:
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
17,232

 
$

 
$
17,302

 
$

Interest rate swaps
 
1,124

 

 
1,048

 

Energy contracts
 
4,539

 

 
3,445

 

Agricultural contracts
 
20

 

 
61

 

Foreign exchange contracts
 
360

 

 
512

 

Equity option contracts
 

 

 

 

Total customer risk management programs
 
23,275

 

 
22,368

 

Internal risk management programs
 
6,018

 
2,791

 
(9
)
 
17,904

Total derivative contracts
 
$
29,293

 
$
2,791

 
$
22,359

 
$
17,904

v3.7.0.1
Loans and Allowances for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2017
Loans Receivable, Net [Abstract]  
Schedule of Loans by Portfolio Segment [Table Text Block]
Portfolio segments of the loan portfolio are as follows (in thousands):

 
 
June 30, 2017
 
December 31, 2016
 
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
Commercial
 
$
2,198,066

 
$
8,242,732

 
$
197,157

 
$
10,637,955

 
$
2,327,085

 
$
7,884,786

 
$
178,953

 
$
10,390,824

Commercial real estate
 
594,542

 
3,090,275

 
3,775

 
3,688,592

 
624,187

 
3,179,338

 
5,521

 
3,809,046

Residential mortgage
 
1,597,587

 
297,376

 
44,235

 
1,939,198

 
1,647,357

 
256,255

 
46,220

 
1,949,832

Personal
 
150,728

 
766,900

 
272

 
917,900

 
154,971

 
684,697

 
290

 
839,958

Total
 
$
4,540,923

 
$
12,397,283

 
$
245,439

 
$
17,183,645

 
$
4,753,600

 
$
12,005,076

 
$
230,984

 
$
16,989,660

Accruing loans past due (90 days)1
 
 

 
 

 
 

 
$
1,414

 
 

 
 

 
 

 
$
5

 
 
June 30, 2016
 
 
Fixed
Rate
 
Variable
Rate
 
Non-accrual
 
Total
Commercial
 
$
1,994,415

 
$
8,180,033

 
$
181,989

 
$
10,356,437

Commercial real estate
 
612,822

 
2,961,364

 
7,780

 
3,581,966

Residential mortgage
 
1,586,116

 
237,746

 
57,061

 
1,880,923

Personal
 
109,447

 
477,622

 
354

 
587,423

Total
 
$
4,302,800

 
$
11,856,765

 
$
247,184

 
$
16,406,749

Accruing loans past due (90 days)1
 
 

 
 

 
 

 
$
2,899

1 
Excludes residential mortgage loans guaranteed by agencies of the U.S. government
Rollforward of Allowance For Loan Losses And Accrual for Off-Balance Sheet Credit Losses [Table Text Block]
The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the three months ended June 30, 2017 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
137,616

 
$
58,343

 
$
18,177

 
$
7,247

 
$
27,327

 
$
248,710

Provision for loan losses
 
1,546

 
105

 
(47
)
 
1,358

 
47

 
3,009

Loans charged off
 
(1,703
)
 
(76
)
 
(40
)
 
(1,053
)
 

 
(2,872
)
Recoveries
 
283

 
208

 
169

 
554

 

 
1,214

Ending balance
 
$
137,742

 
$
58,580

 
$
18,259

 
$
8,106

 
$
27,374

 
$
250,061

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
9,288

 
$
106

 
$
40

 
$
6

 
$

 
$
9,440

Provision for off-balance sheet credit losses
 
(2,987
)
 
(22
)
 
(2
)
 
2

 

 
(3,009
)
Ending balance
 
$
6,301

 
$
84

 
$
38

 
$
8

 
$

 
$
6,431

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
(1,441
)
 
$
83

 
$
(49
)
 
$
1,360

 
$
47

 
$

The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the six months ended June 30, 2017 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
140,213

 
$
50,749

 
$
18,224

 
$
8,773

 
$
28,200

 
$
246,159

Provision for loan losses
 
(1,809
)
 
6,964

 
(86
)
 
570

 
(826
)
 
4,813

Loans charged off
 
(2,127
)
 
(76
)
 
(276
)
 
(2,546
)
 

 
(5,025
)
Recoveries
 
1,465

 
943

 
397

 
1,309

 

 
4,114

Ending balance
 
$
137,742

 
$
58,580

 
$
18,259

 
$
8,106

 
$
27,374

 
$
250,061

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
11,063

 
$
123

 
$
50

 
$
8

 
$

 
$
11,244

Provision for off-balance sheet credit losses
 
(4,762
)
 
(39
)
 
(12
)
 

 

 
(4,813
)
Ending balance
 
$
6,301

 
$
84

 
$
38

 
$
8

 
$

 
$
6,431

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
(6,571
)
 
$
6,925

 
$
(98
)
 
$
570

 
$
(826
)
 
$


The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the three months ended June 30, 2016 is summarized as follows (in thousands):
 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
139,793

 
$
44,453

 
$
18,467

 
$
5,022

 
$
25,421

 
$
233,156

Provision for loan losses
 
12,478

 
2,010

 
368

 
1,443

 
1,263

 
17,562

Loans charged off
 
(7,355
)
 

 
(345
)
 
(1,145
)
 

 
(8,845
)
Recoveries
 
223

 
282

 
200

 
681

 

 
1,386

Ending balance
 
$
145,139

 
$
46,745

 
$
18,690

 
$
6,001

 
$
26,684

 
$
243,259

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
6,319

 
$
228

 
$
58

 
$
2

 
$

 
$
6,607

Provision for off-balance sheet credit losses
 
2,433

 
(25
)
 
4

 
26

 

 
2,438

Ending balance
 
$
8,752

 
$
203

 
$
62

 
$
28

 
$

 
$
9,045

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
14,911

 
$
1,985

 
$
372

 
$
1,469

 
$
1,263

 
$
20,000


The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit for the six months ended June 30, 2016 is summarized as follows (in thousands):

 
 
Commercial
 
Commercial Real Estate
 
Residential Mortgage
 
Personal
 
Nonspecific Allowance
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
130,334

 
$
41,391

 
$
19,509

 
$
4,164

 
$
30,126

 
$
225,524

Provision for loan losses
 
43,575

 
4,987

 
(363
)
 
2,909

 
(3,442
)
 
47,666

Loans charged off
 
(29,481
)
 

 
(819
)
 
(2,536
)
 

 
(32,836
)
Recoveries
 
711

 
367

 
363

 
1,464

 

 
2,905

Ending balance
 
$
145,139

 
$
46,745

 
$
18,690

 
$
6,001

 
$
26,684

 
$
243,259

Allowance for off-balance sheet credit losses:
 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
 
$
1,506

 
$
153

 
$
30

 
$
22

 
$

 
$
1,711

Provision for off-balance sheet credit losses
 
7,246

 
50

 
32

 
6

 

 
7,334

Ending balance
 
$
8,752

 
$
203

 
$
62

 
$
28

 
$

 
$
9,045

 
 
 
 
 
 
 
 
 
 
 
 
 
Total provision for credit losses
 
$
50,821

 
$
5,037

 
$
(331
)
 
$
2,915

 
$
(3,442
)
 
$
55,000



The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at June 30, 2017 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,440,798

 
$
128,049

 
$
197,157

 
$
9,693

 
$
10,637,955

 
$
137,742

Commercial real estate
 
3,684,817

 
58,580

 
3,775

 

 
3,688,592

 
58,580

Residential mortgage
 
1,894,963

 
18,259

 
44,235

 

 
1,939,198

 
18,259

Personal
 
917,628

 
8,106

 
272

 

 
917,900

 
8,106

Total
 
16,938,206

 
212,994

 
245,439

 
9,693

 
17,183,645

 
222,687

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
27,374

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,938,206

 
$
212,994

 
$
245,439

 
$
9,693

 
$
17,183,645

 
$
250,061


The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at December 31, 2016 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,211,871

 
$
139,416

 
$
178,953

 
$
797

 
$
10,390,824

 
$
140,213

Commercial real estate
 
3,803,525

 
50,749

 
5,521

 

 
3,809,046

 
50,749

Residential mortgage
 
1,903,612

 
18,178

 
46,220

 
46

 
1,949,832

 
18,224

Personal
 
839,668

 
8,773

 
290

 

 
839,958

 
8,773

Total
 
16,758,676

 
217,116

 
230,984

 
843

 
16,989,660

 
217,959

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
28,200

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,758,676

 
$
217,116

 
$
230,984

 
$
843

 
$
16,989,660

 
$
246,159


The allowance for loan losses and recorded investment of the related loans by portfolio segment for each impairment measurement method at June 30, 2016 is as follows (in thousands):
 
 
Collectively Measured
for Impairment
 
Individually Measured
for Impairment
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,174,448

 
$
140,911

 
$
181,989

 
$
4,228

 
$
10,356,437

 
$
145,139

Commercial real estate
 
3,574,186

 
46,727

 
7,780

 
18

 
3,581,966

 
46,745

Residential mortgage
 
1,823,862

 
18,626

 
57,061

 
64

 
1,880,923

 
18,690

Personal
 
587,069

 
6,001

 
354

 

 
587,423

 
6,001

Total
 
16,159,565

 
212,265

 
247,184

 
4,310

 
16,406,749

 
216,575

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
26,684

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,159,565

 
$
212,265

 
$
247,184

 
$
4,310

 
$
16,406,749

 
$
243,259

Schedule of Allowance for Loan Losses and Recorded Investment by Portfolio Segment for Risk Graded and Non-Risk Graded Loans [Table Text Block]
The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at June 30, 2017 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,612,477

 
$
136,819

 
$
25,478

 
$
923

 
$
10,637,955

 
$
137,742

Commercial real estate
 
3,688,592

 
58,580

 

 

 
3,688,592

 
58,580

Residential mortgage
 
216,007

 
2,976

 
1,723,191

 
15,283

 
1,939,198

 
18,259

Personal
 
824,318

 
5,742

 
93,582

 
2,364

 
917,900

 
8,106

Total
 
15,341,394

 
204,117

 
1,842,251

 
18,570

 
17,183,645

 
222,687

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
27,374

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
15,341,394

 
$
204,117

 
$
1,842,251

 
$
18,570

 
$
17,183,645

 
$
250,061

 
The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at December 31, 2016 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,360,725

 
$
139,293

 
$
30,099

 
$
920

 
$
10,390,824

 
$
140,213

Commercial real estate
 
3,809,046

 
50,749

 

 

 
3,809,046

 
50,749

Residential mortgage
 
243,703

 
2,893

 
1,706,129

 
15,331

 
1,949,832

 
18,224

Personal
 
744,602

 
5,035

 
95,356

 
3,738

 
839,958

 
8,773

Total
 
15,158,076

 
197,970

 
1,831,584

 
19,989

 
16,989,660

 
217,959

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
28,200

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
15,158,076

 
$
197,970

 
$
1,831,584

 
$
19,989

 
$
16,989,660

 
$
246,159


The allowance for loan losses and recorded investment of the related loans by portfolio segment for risk graded and non-risk graded loans at June 30, 2016 is as follows (in thousands):
 
 
Internally Risk Graded
 
Non-Graded
 
Total
 
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related Allowance
 
Recorded Investment
 
Related
Allowance
Commercial
 
$
10,331,701

 
$
144,217

 
$
24,736

 
$
922

 
$
10,356,437

 
$
145,139

Commercial real estate
 
3,581,966

 
46,745

 

 

 
3,581,966

 
46,745

Residential mortgage
 
202,520

 
2,995

 
1,678,403

 
15,695

 
1,880,923

 
18,690

Personal
 
500,240

 
3,624

 
87,183

 
2,377

 
587,423

 
6,001

Total
 
14,616,427

 
197,581

 
1,790,322

 
18,994

 
16,406,749

 
216,575

 
 
 
 
 
 
 
 
 
 
 
 
 
Nonspecific allowance
 

 

 

 

 

 
26,684

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,616,427

 
$
197,581

 
$
1,790,322

 
$
18,994

 
$
16,406,749

 
$
243,259

Schedule of Credit Quality Indicators [Table Text Block]
The following table summarizes the Company’s loan portfolio at June 30, 2017 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,376,368

 
$
120,473

 
$
226,407

 
$
123,992

 
$

 
$

 
$
2,847,240

Services
 
2,921,510

 
12,452

 
17,111

 
7,754

 

 

 
2,958,827

Wholesale/retail
 
1,507,063

 
16,224

 
9,788

 
10,620

 

 

 
1,543,695

Manufacturing
 
513,442

 
6,540

 
16,499

 
9,656

 

 

 
546,137

Healthcare
 
2,130,339

 
33,554

 
33,120

 
24,505

 

 

 
2,221,518

Other commercial and industrial
 
453,712

 
2,961

 
17,861

 
20,526

 
25,374

 
104

 
520,538

Total commercial
 
9,902,434

 
192,204

 
320,786

 
197,053

 
25,374

 
104

 
10,637,955

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
138,790

 

 
751

 
2,051

 

 

 
141,592

Retail
 
720,730

 
1,774

 

 
301

 

 

 
722,805

Office
 
859,722

 
2,855

 

 
396

 

 

 
862,973

Multifamily
 
947,950

 

 
4,420

 
10

 

 

 
952,380

Industrial
 
693,635

 

 

 

 

 

 
693,635

Other commercial real estate
 
314,187

 

 
3

 
1,017

 

 

 
315,207

Total commercial real estate
 
3,675,014

 
4,629

 
5,174

 
3,775

 

 

 
3,688,592

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
212,563

 
1,693

 
478

 
1,273

 
750,891

 
22,142

 
989,040

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
182,677

 
9,052

 
191,729

Home equity
 

 

 

 

 
746,661

 
11,768

 
758,429

Total residential mortgage
 
212,563

 
1,693

 
478

 
1,273

 
1,680,229

 
42,962

 
1,939,198

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
823,304

 
49

 
877

 
88

 
93,398

 
184

 
917,900

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,613,315

 
$
198,575

 
$
327,315

 
$
202,189

 
$
1,799,001

 
$
43,250

 
$
17,183,645



The following table summarizes the Company’s loan portfolio at December 31, 2016 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
1,937,790

 
$
119,583

 
$
307,996

 
$
132,499

 
$

 
$

 
$
2,497,868

Services
 
3,052,002

 
10,960

 
37,855

 
8,173

 

 

 
3,108,990

Wholesale/retail
 
1,535,463

 
16,886

 
13,062

 
11,407

 

 

 
1,576,818

Manufacturing
 
468,314

 
26,532

 
15,198

 
4,931

 

 

 
514,975

Healthcare
 
2,140,458

 
44,472

 
16,161

 
825

 

 

 
2,201,916

Other commercial and industrial
 
433,789

 
5,309

 

 
21,060

 
30,041

 
58

 
490,257

Total commercial
 
9,567,816

 
223,742

 
390,272

 
178,895

 
30,041

 
58

 
10,390,824

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
131,630

 

 
470

 
3,433

 

 

 
135,533

Retail
 
756,418

 
4,745

 
399

 
326

 

 

 
761,888

Office
 
798,462

 

 

 
426

 

 

 
798,888

Multifamily
 
898,800

 

 
4,434

 
38

 

 

 
903,272

Industrial
 
871,673

 

 

 
76

 

 

 
871,749

Other commercial real estate
 
336,488

 

 
6

 
1,222

 

 

 
337,716

Total commercial real estate
 
3,793,471

 
4,745

 
5,309

 
5,521

 

 

 
3,809,046

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
238,769

 
1,186

 
2,331

 
1,417

 
741,679

 
21,438

 
1,006,820

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
187,541

 
11,846

 
199,387

Home equity
 

 

 

 

 
732,106

 
11,519

 
743,625

Total residential mortgage
 
238,769

 
1,186

 
2,331

 
1,417

 
1,661,326

 
44,803

 
1,949,832

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
743,451

 

 
1,054

 
97

 
95,163

 
193

 
839,958

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,343,507

 
$
229,673

 
$
398,966

 
$
185,930

 
$
1,786,530

 
$
45,054

 
$
16,989,660


The following table summarizes the Company’s loan portfolio at June 30, 2016 by the risk grade categories (in thousands): 
 
 
Internally Risk Graded
 
Non-Graded
 
 
 
 
Performing
 
 
 
 
 
 
 
 
 
 
Pass
 
Other Loans Especially Mentioned
 
Accruing Substandard
 
Nonaccrual
 
Performing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,031,955

 
$
197,531

 
$
421,025

 
$
168,145

 
$

 
$

 
$
2,818,656

Services
 
2,805,307

 
6,253

 
9,916

 
9,388

 

 

 
2,830,864

Wholesale/retail
 
1,478,966

 
24,595

 
26,624

 
2,772

 

 

 
1,532,957

Manufacturing
 
556,741

 
18,757

 
19,612

 
293

 

 

 
595,403

Healthcare
 
2,011,934

 
29,420

 
8,917

 
875

 

 

 
2,051,146

Other commercial and industrial
 
478,169

 
24,053

 

 
453

 
24,673

 
63

 
527,411

Total commercial
 
9,363,072

 
300,609

 
486,094

 
181,926

 
24,673

 
63

 
10,356,437

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
152,343

 

 
972

 
4,261

 

 

 
157,576

Retail
 
787,779

 
5,962

 
413

 
1,265

 

 

 
795,419

Office
 
767,296

 
906

 
304

 
606

 

 

 
769,112

Multifamily
 
781,058

 

 
6,077

 
65

 

 

 
787,200

Industrial
 
645,510

 

 

 
76

 

 

 
645,586

Other commercial real estate
 
425,558

 

 
8

 
1,507

 

 

 
427,073

Total commercial real estate
 
3,559,544

 
6,868

 
7,774

 
7,780

 

 

 
3,581,966

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
194,962

 
1,197

 
3,406

 
2,955

 
742,214

 
24,273

 
969,007

Permanent mortgages guaranteed by U.S. government agencies
 

 

 

 

 
172,991

 
19,741

 
192,732

Home equity
 

 

 

 

 
709,092

 
10,092

 
719,184

Total residential mortgage
 
194,962

 
1,197

 
3,406

 
2,955

 
1,624,297

 
54,106

 
1,880,923

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
496,534

 

 
3,590

 
116

 
86,945

 
238

 
587,423

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
13,614,112

 
$
308,674

 
$
500,864

 
$
192,777

 
$
1,735,915

 
$
54,407

 
$
16,406,749

Summary of Impaired Loans [Table Text Block]
Impaired Loans

Loans are considered to be impaired when it is probable that the Company will not be able to collect all amounts due according to the contractual terms of the loan agreement. This includes all nonaccruing loans, all loans modified in a TDR and all loans repurchased from GNMA pools.

A summary of impaired loans follows (in thousands):
 
As of
 
For the
 
For the
 
June 30, 2017
 
Three Months Ended
 
Six Months Ended
 
 
 
Recorded Investment
 
 
 
June 30, 2017
 
June 30, 2017
 
Unpaid
Principal
Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
 
Average Recorded
Investment
 
Interest Income Recognized
 
Average Recorded
Investment
 
Interest Income Recognized
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$
141,091

 
$
123,992

 
$
56,988

 
$
67,004

 
$
8,874

 
$
117,209

 
$

 
$
128,246

 
$

Services
11,209

 
7,754

 
7,754

 

 

 
7,734

 

 
7,964

 

Wholesale/retail
17,392

 
10,620

 
10,620

 

 

 
10,855

 

 
11,013

 

Manufacturing
10,223

 
9,656

 
9,656

 

 

 
7,781

 

 
7,293

 

Healthcare
24,795

 
24,505

 
18,883

 
5,622

 
802

 
12,707

 

 
12,665

 

Other commercial and industrial
28,933

 
20,630

 
20,609

 
21

 
17

 
20,706

 

 
20,874

 

Total commercial
233,643

 
197,157

 
124,510

 
72,647

 
9,693

 
176,992

 

 
188,055

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
3,676

 
2,051

 
2,051

 

 

 
2,334

 

 
2,742

 

Retail
518

 
301

 
301

 

 

 
308

 

 
314

 

Office
499

 
396

 
396

 

 

 
404

 

 
411

 

Multifamily
1,000

 
10

 
10

 

 

 
17

 

 
24

 

Industrial

 

 

 

 

 
38

 

 
38

 

Other commercial real estate
1,212

 
1,017

 
1,017

 

 

 
1,024

 

 
1,119

 

Total commercial real estate
6,905

 
3,775

 
3,775

 

 

 
4,125

 

 
4,648

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
28,603

 
23,415

 
23,415

 

 

 
23,801

 
307

 
23,135

 
598

Permanent mortgage guaranteed by U.S. government agencies1
197,659

 
191,729

 
191,729

 

 

 
202,946

 
2,021

 
205,159

 
3,925

Home equity
13,064

 
11,768

 
11,768

 

 

 
11,776

 

 
11,643

 

Total residential mortgage
239,326

 
226,912

 
226,912

 

 

 
238,523

 
2,328

 
239,937

 
4,523

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
307

 
272

 
272

 

 

 
253

 

 
281

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
480,181

 
$
428,116

 
$
355,469

 
$
72,647

 
$
9,693

 
$
419,893

 
$
2,328

 
$
432,921

 
$
4,523

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2017, $9.1 million of these loans were nonaccruing and $183 million were accruing based on the guarantee by U.S. government agencies.

Generally, no interest income is recognized on impaired loans until all principal balances, including amounts charged-off, are recovered.

A summary of impaired loans at December 31, 2016 follows (in thousands): 
 
 
 
 
Recorded Investment
 
 
Unpaid
Principal
Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
Commercial:
 
 
 
 
 
 
 
 
 
 
Energy
 
$
146,897

 
$
132,499

 
$
121,418

 
$
11,081

 
$
762

Services
 
11,723

 
8,173

 
8,173

 

 

Wholesale/retail
 
17,669

 
11,407

 
11,407

 

 

Manufacturing
 
5,320

 
4,931

 
4,931

 

 

Healthcare
 
1,147

 
825

 
825

 

 

Other commercial and industrial
 
29,006

 
21,118

 
21,083

 
35

 
35

Total commercial
 
211,762

 
178,953

 
167,837

 
11,116

 
797

 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
4,951

 
3,433

 
3,433

 

 

Retail
 
530

 
326

 
326

 

 

Office
 
521

 
426

 
426

 

 

Multifamily
 
1,000

 
38

 
38

 

 

Industrial
 
76

 
76

 
76

 

 

Other commercial real estate
 
7,349

 
1,222

 
1,222

 

 

Total commercial real estate
 
14,427

 
5,521

 
5,521

 

 

 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
28,830

 
22,855

 
22,809

 
46

 
46

Permanent mortgage guaranteed by U.S. government agencies1
 
205,564

 
199,387

 
199,387

 

 

Home equity
 
12,611

 
11,519

 
11,519

 

 

Total residential mortgage
 
247,005

 
233,761

 
233,715

 
46

 
46

 
 
 
 
 
 
 
 
 
 
 
Personal
 
332

 
290

 
290

 

 

 
 
 
 
 
 
 
 
 
 
 
Total
 
$
473,526

 
$
418,525

 
$
407,363

 
$
11,162

 
$
843

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At December 31, 2016, $12 million of these loans were nonaccruing and $188 million were accruing based on the guarantee by U.S. government agencies.

A summary of impaired loans at June 30, 2016 follows (in thousands): 
 
 
 
For the
 
For the
 
As of June 30, 2016
 
Three Months Ended
 
Six Months Ended
 
 
 
Recorded Investment
 
 
 
June 30, 2016
 
June 30, 2016
 
Unpaid Principal Balance
 
Total
 
With No
Allowance
 
With Allowance
 
Related Allowance
 
Average Recorded
Investment
 
Interest Income Recognized
 
Average Recorded
Investment
 
Interest Income Recognized
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$
202,369

 
$
168,145

 
$
136,264

 
$
31,881

 
$
4,228

 
$
163,849

 
$

 
$
97,923

 
$

Services
12,780

 
9,388

 
9,388

 

 

 
9,450

 

 
9,839

 

Wholesale/retail
8,697

 
2,772

 
2,772

 

 

 
3,229

 

 
2,846

 

Manufacturing
650

 
293

 
293

 

 

 
303

 

 
312

 

Healthcare
1,175

 
875

 
875

 

 

 
949

 

 
973

 

Other commercial and industrial
8,186

 
516

 
516

 

 

 
542

 

 
569

 

Total commercial
233,857

 
181,989

 
150,108

 
31,881

 
4,228

 
178,322

 

 
112,462

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 

Residential construction and land development
7,177

 
4,261

 
4,261

 

 

 
4,525

 

 
4,335

 

Retail
1,914

 
1,265

 
1,265

 

 

 
1,283

 

 
1,292

 

Office
907

 
606

 
606

 

 

 
618

 

 
628

 

Multifamily
1,000

 
65

 
65

 

 

 
157

 

 
169

 

Industrial
76

 
76

 
76

 

 

 
76

 

 
76

 

Other commercial real estate
7,445

 
1,507

 
1,355

 
152

 
18

 
1,865

 

 
1,890

 

Total commercial real estate
18,519

 
7,780

 
7,628

 
152

 
18

 
8,524

 

 
8,390

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 

Permanent mortgage
33,793

 
27,228

 
27,117

 
111

 
64

 
27,362

 
304

 
28,106

 
631

Permanent mortgage guaranteed by U.S. government agencies1
198,534

 
192,732

 
192,732

 

 

 
191,430

 
2,023

 
195,563

 
3,795

Home equity
10,964

 
10,092

 
10,092

 

 

 
10,311

 

 
10,224

 

Total residential mortgage
243,291

 
230,052

 
229,941

 
111

 
64

 
229,103

 
2,327

 
233,893

 
4,426

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
1,174

 
354

 
354

 

 

 
342

 

 
409

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
496,841

 
$
420,175

 
$
388,031

 
$
32,144

 
$
4,310

 
$
416,291

 
$
2,327

 
$
355,154

 
$
4,426

1 
All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2016, $20 million of these loans were nonaccruing and $173 million were accruing based on the guarantee by U.S. government agencies.
Troubled Debt Restructurings [Table Text Block]
Troubled Debt Restructurings

A summary of troubled debt restructurings ("TDRs") by accruing status as of June 30, 2017 is as follows (in thousands):
 
 
As of June 30, 2017
 
Amounts Charged Off During:
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
 
Three Months Ended June 30, 2017
 
Six Months Ended
June 30, 2017
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
22,466

 
$
12,692

 
$
9,774

 
$
4,308

 
$

 
$

Services
 
7,208

 
6,561

 
647

 

 
3

 
3

Wholesale/retail
 
10,524

 
10,524

 

 

 

 

Manufacturing
 
195

 
195

 

 

 

 

Healthcare
 

 

 

 

 

 

Other commercial and industrial
 
20,531

 
35

 
20,496

 

 

 

Total commercial
 
60,924

 
30,007

 
30,917

 
4,308

 
3

 
3

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
381

 
145

 
236

 

 

 

Retail
 
301

 
301

 

 

 

 

Office
 
121

 

 
121

 

 

 

Multifamily
 

 

 

 

 

 

Industrial
 

 

 

 

 

 

Other commercial real estate
 
365

 
365

 

 

 

 

Total commercial real estate
 
1,168

 
811

 
357

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
14,284

 
9,939

 
4,345

 

 

 

Permanent mortgage guaranteed by U.S. government agencies
 
5,962

 
1,176

 
4,786

 

 

 

Home equity
 
5,549

 
4,239

 
1,310

 

 

 
31

Total residential mortgage
 
25,795

 
15,354

 
10,441

 

 

 
31

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
228

 
228

 

 

 
7

 
8

 
 
 
 
 
 
 
 
 
 
 
 
 
Total nonaccruing TDRs
 
$
88,115

 
$
46,400

 
$
41,715

 
$
4,308

 
$
10

 
$
42

 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
80,624

 
24,506

 
56,118

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
168,739

 
$
70,906

 
$
97,833

 
$
4,308

 
$
10

 
$
42

A summary of troubled debt restructurings by accruing status as of December 31, 2016 is as follows (in thousands):
 
 
As of
 
 
December 31, 2016
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
Energy
 
$
16,893

 
$
10,867

 
$
6,026

 
$

Services
 
7,527

 
6,830

 
697

 

Wholesale/retail
 
11,291

 
11,251

 
40

 

Manufacturing
 
224

 
224

 

 

Healthcare
 
607

 

 
607

 

Other commercial and industrial
 
337

 
53

 
284

 

Total commercial
 
36,879

 
29,225

 
7,654

 

 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

Residential construction and land development
 
690

 
97

 
593

 

Retail
 
326

 
326

 

 

Office
 
143

 
143

 

 

Multifamily
 

 

 

 

Industrial
 

 

 

 

Other commercial real estate
 
548

 
548

 

 

Total commercial real estate
 
1,707

 
1,114

 
593

 

 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

Permanent mortgage
 
14,876

 
10,175

 
4,701

 
46

Permanent mortgage guaranteed by U.S. government agencies
 
6,702

 
2,241

 
4,461

 

Home equity
 
5,346

 
4,458

 
888

 

Total residential mortgage
 
26,924

 
16,874

 
10,050

 
46

 
 
 
 
 
 
 
 
 
Personal
 
237

 
236

 
1

 

 
 
 
 
 
 
 
 
 
Total nonaccuring TDRs
 
$
65,747

 
$
47,449

 
$
18,298

 
$
46

 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
81,370

 
27,289

 
54,081

 

 
 
 
 
 
 
 
 
 
Total TDRs
 
$
147,117

 
$
74,738

 
$
72,379

 
$
46


A summary of troubled debt restructurings by accruing status as of June 30, 2016 is as follows (in thousands):
 
 
As of June 30, 2016
 
Amounts Charged Off During:
 
 
Recorded
Investment
 
Performing in Accordance With Modified Terms
 
Not
Performing in Accordance With Modified Terms
 
Specific
Allowance
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
Nonaccruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,246

 
$

 
$
2,246

 
$

 
$
500

 
$
500

Services
 
8,610

 
7,853

 
757

 

 

 

Wholesale/retail
 
2,467

 
2,427

 
40

 

 

 

Manufacturing
 
253

 
253

 

 

 

 

Healthcare
 
640

 
640

 

 

 

 

Other commercial and industrial
 
516

 
63

 
453

 

 

 
57

Total commercial
 
14,732

 
11,236

 
3,496

 

 
500

 
557

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
1,601

 
1,079

 
522

 

 

 

Retail
 
1,264

 
907

 
357

 

 

 

Office
 
152

 
152

 

 

 

 

Multifamily
 

 

 

 

 

 

Industrial
 

 

 

 

 

 

Other commercial real estate
 
793

 
372

 
421

 

 

 

Total commercial real estate
 
3,810

 
2,510

 
1,300

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
17,367

 
12,462

 
4,905

 
64

 
37

 
52

Permanent mortgage guaranteed by U.S. government agencies
 
9,709

 
2,024

 
7,685

 

 

 

Home equity
 
4,763

 
4,139

 
624

 

 
60

 
126

Total residential mortgage
 
31,839

 
18,625

 
13,214

 
64

 
97

 
178

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
298

 
276

 
22

 

 
3

 
9

 
 
 
 
 
 
 
 
 
 
 
 
 
Total nonaccruing TDRs
 
$
50,679

 
$
32,647

 
$
18,032

 
$
64

 
$
600

 
$
744

 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing TDRs:
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgages guaranteed by U.S. government agencies
 
78,806

 
27,999

 
50,807

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
Total TDRs
 
$
129,485

 
$
60,646

 
$
68,839

 
$
64

 
$
600

 
$
744

Troubled debt restructurings generally consist of interest rate concessions, payment stream concessions or a combination of concessions to distressed borrowers. The following tables detail the recorded balance of loans at June 30, 2017 by class that were restructured during the three months ended June 30, 2017 by primary type of concession (in thousands):

 
Three Months Ended
June 30, 2017
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$

 
$

 
$

 
$

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 
626

 
626

 
626

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 
20,242

 

 
20,242

 
20,242

Total commercial

 

 

 
20,242

 
626

 
20,868

 
20,868

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
138

 
53

 
191

 
191

Permanent mortgage guaranteed by U.S. government agencies
10,410

 
1,568

 
11,978

 
223

 

 
223

 
12,201

Home equity

 

 

 
26

 
559

 
585

 
585

Total residential mortgage
10,410

 
1,568

 
11,978

 
387

 
612

 
999

 
12,977

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
47

 
47

 
47

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
10,410

 
$
1,568

 
$
11,978

 
$
20,629

 
$
1,285

 
$
21,914

 
$
33,892

 
Six Months Ended
June 30, 2017
 
Accruing
Nonaccrual
 
Total
 
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$

 
$

 
$

 
$
13,010

 
$

 
$
13,010

 
$
13,010

Services
 

 

 

 

 

 

 

Wholesale/retail
 

 

 

 

 
626

 
626

 
626

Manufacturing
 

 

 

 

 

 

 

Healthcare
 

 

 

 

 

 

 

Other commercial and industrial
 

 

 

 
20,242

 

 
20,242

 
20,242

Total commercial
 

 

 

 
33,252

 
626

 
33,878

 
33,878

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development
 

 

 

 

 

 

 

Retail
 

 

 

 

 

 

 

Office
 

 

 

 

 

 

 

Multifamily
 

 

 

 

 

 

 

Industrial
 

 

 

 

 

 

 

Other commercial real estate
 

 

 

 

 

 

 

Total commercial real estate
 

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage
 

 

 

 
153

 
84

 
237

 
237

Permanent mortgage guaranteed by U.S. government agencies
 
14,883

 
2,586

 
17,469

 
224

 
85

 
309

 
17,778

Home equity
 

 

 

 
149

 
1,053

 
1,202

 
1,202

Total residential mortgage
 
14,883

 
2,586

 
17,469

 
526

 
1,222

 
1,748

 
19,217

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 

 

 

 

 
51

 
51

 
51

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
14,883

 
$
2,586

 
$
17,469

 
$
33,778

 
$
1,899

 
$
35,677

 
$
53,146

Troubled debt restructurings generally consist of interest rate concessions, payment stream concessions or a combination of concessions to distressed borrowers. The following tables detail the recorded balance of loans by class that were restructured during three months ended June 30, 2016 by primary type of concession (in thousands):

 
Three Months Ended
June 30, 2016
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$

 
$

 
$

 
$

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

 

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 

 

 

 

Total commercial

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
684

 
1,183

 
1,867

 
1,867

Permanent mortgage guaranteed by U.S. government agencies
2,783

 
4,455

 
7,238

 

 
625

 
625

 
7,863

Home equity

 

 

 
48

 
329

 
377

 
377

Total residential mortgage
2,783

 
4,455

 
7,238

 
732

 
2,137

 
2,869

 
10,107

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
65

 
65

 
65

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
2,783

 
$
4,455

 
$
7,238

 
$
732

 
$
2,202

 
$
2,934

 
$
10,172

 
Six Months Ended
June 30, 2016
 
Accruing
 
Nonaccrual
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Payment Stream
 
Combination & Other
 
Total
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$

 
$

 
$
501

 
$

 
$
501

 
$
501

Services

 

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

 

Manufacturing

 

 

 

 

 

 

Healthcare

 

 

 

 

 

 

Other commercial and industrial

 

 

 

 

 

 

Total commercial

 

 

 
501

 

 
501

 
501

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

 

Retail

 

 

 

 

 

 

Office

 

 

 

 

 

 

Multifamily

 

 

 

 

 

 

Industrial

 

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 

 

 
1,046

 
1,244

 
2,290

 
2,290

Permanent mortgage guaranteed by U.S. government agencies
6,625

 
7,818

 
14,443

 

 
625

 
625

 
15,068

Home equity

 

 

 
48

 
791

 
839

 
839

Total residential mortgage
6,625

 
7,818

 
14,443

 
1,094

 
2,660

 
3,754

 
18,197

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 
72

 
72

 
72

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
$
6,625

 
$
7,818

 
$
14,443

 
$
1,595

 
$
2,732

 
$
4,327

 
$
18,770

The following table summarizes, by loan class, the recorded investment at June 30, 2017 and 2016, respectively, of loans modified as TDRs within the previous 12 months and for which there was a payment default during the three months ended June 30, 2017 and 2016, respectively (in thousands):

 
Three Months Ended
June 30, 2017
 
Six Months Ended
June 30, 2017
 
Accruing
 
Nonaccrual
 
Total
 
Accruing
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Energy
$

 
$
9,774

 
$
9,774

 
$

 
$
9,774

 
$
9,774

Services

 

 

 

 

 

Wholesale/retail

 

 

 

 

 

Manufacturing

 

 

 

 

 

Healthcare

 

 

 

 

 

Other commercial and industrial

 
20,242

 
20,242

 

 
20,242

 
20,242

Total commercial

 
30,016

 
30,016

 

 
30,016

 
30,016

 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Residential construction and land development

 

 

 

 

 

Retail

 

 

 

 

 

Office

 

 

 

 

 

Multifamily

 

 

 

 

 

Industrial

 

 

 

 

 

Other commercial real estate

 

 

 

 

 

Total commercial real estate

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
Permanent mortgage

 
161

 
161

 

 
161

 
161

Permanent mortgage guaranteed by U.S. government agencies
22,234

 
918

 
23,152

 
22,590

 
918

 
23,508

Home equity

 
1,113

 
1,113

 

 
1,262

 
1,262

Total residential mortgage
22,234

 
2,192

 
24,426

 
22,590

 
2,341

 
24,931

 
 
 
 
 
 
 
 
 
 
 
 
Personal

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
Total
$
22,234

 
$
32,208

 
$
54,442

 
$
22,590

 
$
32,357

 
$
54,947


A payment default is defined as being 30 days or more past due. The table above includes loans that experienced a payment default during the period, but may be performing in accordance with the modified terms as of the balance sheet date.
Summary of Loans by Aging Status [Table Text Block]
Nonaccrual & Past Due Loans

Past due status for all loan classes is based on the actual number of days since the last payment was due according to the contractual terms of the loans.

A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of June 30, 2017 is as follows (in thousands):
 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,723,248

 
$

 
$

 
$

 
$
123,992

 
$
2,847,240

Services
 
2,949,562

 
50

 
180

 
1,281

 
7,754

 
2,958,827

Wholesale/retail
 
1,532,986

 
89

 

 

 
10,620

 
1,543,695

Manufacturing
 
536,481

 

 

 

 
9,656

 
546,137

Healthcare
 
2,196,088

 
925

 

 

 
24,505

 
2,221,518

Other commercial and industrial
 
499,743

 
45

 
119

 
1

 
20,630

 
520,538

Total commercial
 
10,438,108

 
1,109

 
299

 
1,282

 
197,157

 
10,637,955

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 
 
 

 
 

 
 

Residential construction and land development
 
139,070

 
471

 

 

 
2,051

 
141,592

Retail
 
722,504

 

 

 

 
301

 
722,805

Office
 
862,577

 

 

 

 
396

 
862,973

Multifamily
 
952,370

 

 

 

 
10

 
952,380

Industrial
 
693,635

 

 

 

 

 
693,635

Other commercial real estate
 
314,187

 
3

 

 

 
1,017

 
315,207

Total commercial real estate
 
3,684,343

 
474

 

 

 
3,775

 
3,688,592

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 
 
 

 
 

 
 

Permanent mortgage
 
962,443

 
2,024

 
1,026

 
132

 
23,415

 
989,040

Permanent mortgages guaranteed by U.S. government agencies
 
36,867

 
18,416

 
13,581

 
113,813

 
9,052

 
191,729

Home equity
 
744,735

 
1,564

 
362

 

 
11,768

 
758,429

Total residential mortgage
 
1,744,045

 
22,004

 
14,969

 
113,945

 
44,235

 
1,939,198

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
916,852

 
487

 
289

 

 
272

 
917,900

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,783,348

 
$
24,074

 
$
15,557

 
$
115,227

 
$
245,439

 
$
17,183,645


A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of December 31, 2016 is as follows (in thousands):

 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,364,890

 
$
479

 

 
$

 
$
132,499

 
$
2,497,868

Services
 
3,099,605

 
191

 
1,021

 

 
8,173

 
3,108,990

Wholesale/retail
 
1,561,650

 
3,761

 

 

 
11,407

 
1,576,818

Manufacturing
 
509,662

 
382

 

 

 
4,931

 
514,975

Healthcare
 
2,201,050

 

 
41

 

 
825

 
2,201,916

Other commercial and industrial
 
468,981

 
155

 
3

 

 
21,118

 
490,257

Total commercial
 
10,205,838

 
4,968

 
1,065

 

 
178,953

 
10,390,824

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 
 
 

 
 

 
 

Residential construction and land development
 
132,100

 

 

 

 
3,433

 
135,533

Retail
 
761,562

 

 

 

 
326

 
761,888

Office
 
798,462

 

 

 

 
426

 
798,888

Multifamily
 
903,234

 

 

 

 
38

 
903,272

Industrial
 
871,673

 

 

 

 
76

 
871,749

Other commercial real estate
 
336,488

 
6

 

 

 
1,222

 
337,716

Total commercial real estate
 
3,803,519

 
6

 

 

 
5,521

 
3,809,046

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 
 
 

 
 

 
 

Permanent mortgage
 
979,386

 
3,299

 
1,280

 

 
22,855

 
1,006,820

Permanent mortgages guaranteed by U.S. government agencies
 
40,594

 
17,465

 
13,803

 
115,679

 
11,846

 
199,387

Home equity
 
729,493

 
2,276

 
337

 

 
11,519

 
743,625

Total residential mortgage
 
1,749,473

 
23,040

 
15,420

 
115,679

 
46,220

 
1,949,832

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
838,811

 
589

 
263

 
5

 
290

 
839,958

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,597,641

 
$
28,603

 
16,748

 
$
115,684

 
$
230,984

 
$
16,989,660


A summary of loans currently performing, loans past due and accruing and nonaccrual loans as of June 30, 2016 is as follows (in thousands):

 
 
 
 
Past Due
 
 
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89 Days
 
90 Days
or More
 
Nonaccrual
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Energy
 
$
2,647,678

 
$

 

 
$
2,833

 
$
168,145

 
$
2,818,656

Services
 
2,817,217

 
494

 
3,765

 

 
9,388

 
2,830,864

Wholesale/retail
 
1,530,110

 
75

 

 

 
2,772

 
1,532,957

Manufacturing
 
595,110

 

 

 

 
293

 
595,403

Healthcare
 
2,050,271

 

 

 

 
875

 
2,051,146

Other commercial and industrial
 
526,691

 
76

 
82

 
46

 
516

 
527,411

Total commercial
 
10,167,077

 
645

 
3,847

 
2,879

 
181,989

 
10,356,437

 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate:
 
 

 
 

 
 

 
 

 
 

 
 

Residential construction and land development
 
153,315

 

 

 

 
4,261

 
157,576

Retail
 
794,154

 

 

 

 
1,265

 
795,419

Office
 
768,506

 

 

 

 
606

 
769,112

Multifamily
 
784,826

 
2,309

 

 

 
65

 
787,200

Industrial
 
645,510

 

 

 

 
76

 
645,586

Other commercial real estate
 
425,566

 

 

 

 
1,507

 
427,073

Total commercial real estate
 
3,571,877

 
2,309

 

 

 
7,780

 
3,581,966

 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage:
 
 

 
 

 
 

 
 

 
 

 
 

Permanent mortgage
 
935,857

 
5,798

 
124

 

 
27,228

 
969,007

Permanent mortgages guaranteed by U.S. government agencies
 
42,019

 
15,349

 
11,869

 
103,754

 
19,741

 
192,732

Home equity
 
707,024

 
1,889

 
159

 
20

 
10,092

 
719,184

Total residential mortgage
 
1,684,900

 
23,036

 
12,152

 
103,774

 
57,061

 
1,880,923

 
 
 
 
 
 
 
 
 
 
 
 
 
Personal
 
586,611

 
400

 
58

 

 
354

 
587,423

 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
16,010,465

 
$
26,390

 
16,057

 
$
106,653

 
$
247,184

 
$
16,406,749

v3.7.0.1
Mortgage Banking Activities (Tables)
6 Months Ended
Jun. 30, 2017
Mortgage Banking [Abstract]  
Components of Residential Mortgage Loans Held For Sale [Table Text Block]
 
 
June 30, 2017
 
Dec. 31, 2016
 
June 30, 2016
 
 
Unpaid Principal Balance/
Notional
 
Fair Value
 
Unpaid Principal Balance/
Notional
 
Fair Value
 
Unpaid
Principal
 Balance/
Notional
 
Fair Value
Residential mortgage loans held for sale
 
$
269,772

 
$
275,179

 
$
286,414

 
$
286,971

 
$
404,507

 
$
417,542

Residential mortgage loan commitments
 
362,088

 
10,993

 
318,359

 
9,733

 
965,631

 
25,499

Forward sales contracts
 
587,595

 
1,087

 
569,543

 
5,193

 
1,216,966

 
(12,313
)
 
 
 

 
$
287,259

 
 

 
$
301,897

 
 

 
$
430,728

Mortgage Banking Revenue [Table Text Block]
Mortgage banking revenue was as follows (in thousands):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Production revenue:
 
 
 
 
 
 
 
 
Net realized gains on sale of mortgage loans
 
$
11,787

 
$
15,865

 
$
20,402

 
$
24,314

Net change in unrealized gain on mortgage loans held for sale
 
985

 
3,884

 
4,827

 
7,167

Net change in the fair value of mortgage loan commitments
 
(3,274
)
 
5,329

 
1,260

 
17,365

Net change in the fair value of forward sales contracts
 
4,342

 
(5,992
)
 
(4,106
)
 
(13,113
)
Total production revenue
 
13,840

 
19,086

 
22,383

 
35,733

Servicing revenue
 
16,436

 
15,798

 
33,084

 
31,251

Total mortgage banking revenue
 
$
30,276

 
$
34,884

 
$
55,467

 
$
66,984

Summary of Mortgage Servicing Rights [Table Text Block]
The following represents a summary of mortgage servicing rights (Dollars in thousands):
 
 
June 30,
2017
 
Dec. 31,
2016
 
June 30,
2016
Number of residential mortgage loans serviced for others
 
138,335

 
139,340

 
137,210

Outstanding principal balance of residential mortgage loans serviced for others
 
$
22,095,232

 
$
21,997,568

 
$
21,178,387

Weighted average interest rate
 
3.95
%
 
3.97
%
 
4.06
%
Remaining term (in months)
 
299

 
301

 
301

Activity in Capitalized Mortgage Servicing Rights [Table Text Block]
Activity in capitalized mortgage servicing rights during the three months ended June 30, 2017 was as follows (in thousands):
 
 
Purchased
 
Originated
 
Total
Balance, March 31, 2017
 
$
8,316

 
$
241,087

 
$
249,403

Additions, net
 

 
11,078

 
11,078

Change in fair value due to scheduled payments and full-balance payoffs
 
(464
)
 
(7,835
)
 
(8,299
)
Change in fair value due to market assumption changes
 
143

 
(7,086
)
 
(6,943
)
Balance, June 30, 2017
 
$
7,995

 
$
237,244

 
$
245,239

 
 
Purchased
 
Originated
 
Total
Balance, Dec. 31, 2016
 
$
8,909

 
$
238,164

 
$
247,073

Additions, net
 

 
19,514

 
19,514

Change in fair value due to scheduled payments and full-balance payoffs
 
(973
)
 
(15,288
)
 
(16,261
)
Change in fair value due to market assumption changes
 
59

 
(5,146
)
 
(5,087
)
Balance, June 30, 2017
 
$
7,995

 
$
237,244

 
$
245,239

Activity in capitalized mortgage servicing rights during the three months ended June 30, 2016 was as follows (in thousands):
 
 
Purchased
 
Originated
 
Total
Balance, March 31, 2016
 
$
5,949

 
$
190,106

 
$
196,055

Additions, net
 

 
20,773

 
20,773

Change in fair value due to scheduled payments and full-balance payoffs
 
(730
)
 
(9,068
)
 
(9,798
)
Change in fair value due to market assumption changes
 
(1,152
)
 
(15,131
)
 
(16,283
)
Balance, June 30, 2016
 
$
4,067

 
$
186,680

 
$
190,747


 
 
Purchased
 
Originated
 
Total
Balance, Dec. 31, 2015
 
$
9,911

 
$
208,694

 
$
218,605

Additions, net
 

 
34,355

 
34,355

Change in fair value due to scheduled payments and full-balance payoffs
 
(1,356
)
 
(16,586
)
 
(17,942
)
Change in fair value due to market assumption changes
 
(4,488
)
 
(39,783
)
 
(44,271
)
Balance, June 30, 2016
 
$
4,067

 
$
186,680

 
$
190,747

Assumptions to Value Mortgage Servicing Rights [Table Text Block]

There is no active market for trading in mortgage servicing rights after origination. Fair value is determined by discounting the projected net cash flows. Significant assumptions used to determine fair value based on significant unobservable inputs were as follows:
 
 
June 30,
2017
 
Dec. 31,
2016
 
June 30,
2016
Discount rate – risk-free rate plus a market premium
 
9.84%
 
10.08%
 
10.09%
Prepayment rate - based upon loan interest rate, original term and loan type
 
8.61%-15.91%
 
8.98%-16.91%
 
9.26%-42.77%
Loan servicing costs – annually per loan based upon loan type:
 
 
 
 
 
 
Performing loans
 
$65-$120
 
$63 - $120
 
$63 - $120
Delinquent loans
 
$150-$500
 
$150 - $500
 
$150 - $500
Loans in foreclosure
 
$1,000-$4,250
 
$650 - $4,250
 
$650 - $4,250
Escrow earnings rate – indexed to rates paid on deposit accounts with comparable average life
 
1.95%
 
1.98%
 
0.99%
Primary/secondary mortgage rate spread
 
105 bps
 
105 bps
 
115 bps
Aging Status of Mortgage Loans Serviced For Others [Table Text Block]
The aging status of our mortgage loans serviced for others by investor at June 30, 2017 follows (in thousands):
 
 
 
 
Past Due
 
 
 
 
Current
 
30 to 59
Days
 
60 to 89
Days
 
90 Days or More
 
Total
FHLMC
 
$
8,083,330

 
$
48,659

 
$
12,294

 
$
27,338

 
$
8,171,621

FNMA
 
6,756,211

 
46,918

 
10,679

 
23,981

 
6,837,789

GNMA
 
6,331,439

 
170,889

 
47,335

 
16,082

 
6,565,745

Other
 
514,272

 
3,278

 
932

 
1,595

 
520,077

Total
 
$
21,685,252

 
$
269,744

 
$
71,240

 
$
68,996

 
$
22,095,232

Summary of Unresolved Deficiency Requests and Related Accrual for Credit Losses [Table Text Block]
A summary of unresolved deficiency requests from the agencies follows (in thousands, except for number of unresolved deficiency requests):
 
June 30,
 
2017
 
2016
Number of unresolved deficiency requests
206

 
211

Aggregate outstanding principal balance subject to unresolved deficiency requests
$
13,370

 
$
15,920

Unpaid principal balance subject to indemnification by the Company
5,074

 
5,519

Activity in Accruals for Mortgage Losses [Table Text Block]
The activity in the accruals for mortgage losses related to repurchases is summarized as follows (in thousands).
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Beginning balance
$
2,587

 
$
2,974

 
$
2,788

 
$
3,359

Provision for losses
(895
)
 
368

 
(1,094
)
 
250

Charge-offs, net
(45
)
 
(89
)
 
(47
)
 
(356
)
Ending balance
$
1,647


$
3,253


$
1,647


$
3,253

v3.7.0.1
Commitments and Contingent Liabilities Commitments and Contingent Liabilities - Variable Interest Entities (Tables)
6 Months Ended
Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Variable Interest Entities [Table Text Block]
A summary of consolidated and unconsolidated alternative investments as of June 30, 2017, December 31, 2016 and June 30, 2016 is as follows (in thousands):

 
 
June 30, 2017
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
16,905

 
$

 
$

 
$
14,199

Tax credit entities
 
10,000

 
11,274

 

 
10,964

 
10,000

Other
 

 
15,894

 
1,621

 
878

 
2,877

Total consolidated
 
$
10,000

 
$
44,073

 
$
1,621

 
$
11,842

 
$
27,076

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
59,744

 
$
148,525

 
$
63,822

 
$

 
$

Other
 

 
33,155

 
13,680

 

 

Total unconsolidated
 
$
59,744

 
$
181,680

 
$
77,502

 
$

 
$


 
 
Dec. 31, 2016
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
17,357

 
$

 
$

 
$
13,237

Tax credit entities
 
10,000

 
11,585

 

 
10,964

 
10,000

Other
 

 
29,783

 
3,189

 
1,092

 
8,266

Total consolidated
 
$
10,000

 
$
58,725

 
$
3,189

 
$
12,056

 
$
31,503

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
44,488

 
$
143,715

 
$
63,329

 
$

 
$

Other
 

 
31,675

 
15,028

 

 

Total unconsolidated
 
$
44,488

 
$
175,390

 
$
78,357

 
$

 
$


 
 
June 30, 2016
 
 
Loans
 
Other
assets
 
Other
liabilities
 
Other
borrowings
 
Non-controlling
interests
Consolidated:
 
 
 
 
 
 
 
 
 
 
Private equity funds
 
$

 
$
20,469

 
$

 
$

 
$
16,316

Tax credit entities
 
10,000

 
11,895

 

 
10,964

 
10,000

Other
 

 
35,387

 
2,004

 
2,272

 
7,589

Total consolidated
 
$
10,000

 
$
67,751

 
$
2,004

 
$
13,236

 
$
33,905

 
 
 
 
 
 
 
 
 
 
 
Unconsolidated:
 
 
 
 
 
 
 
 
 
 
Tax credit entities
 
$
32,679

 
$
102,138

 
$
30,953

 
$

 
$

Other
 

 
23,439

 
13,767

 

 

Total unconsolidated
 
$
32,679

 
$
125,577

 
$
44,720

 
$

 
$

v3.7.0.1
Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss) [Table Text Block]
A rollforward of the components of accumulated other comprehensive income (loss) is included as follows (in thousands):
 
 
Unrealized Gain (Loss) on
 
 
 
 
Available for Sale Securities
 
Investment Securities Transferred from AFS
 
Employee Benefit Plans
 
Total
Balance, Dec. 31, 2015
 
$
23,284

 
$
68

 
$
(1,765
)
 
$
21,587

Net change in unrealized gain (loss)
 
166,566

 

 

 
166,566

Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
Interest revenue, Investment securities, Taxable securities
 

 
(112
)
 

 
(112
)
Gain on available for sale securities, net
 
(9,290
)
 

 

 
(9,290
)
Other comprehensive income (loss), before income taxes
 
157,276

 
(112
)
 

 
157,164

Federal and state income taxes1
 
61,163

 
(44
)
 

 
61,119

Other comprehensive income (loss), net of income taxes
 
96,113

 
(68
)
 

 
96,045

Balance, June 30, 2016
 
$
119,397

 
$

 
$
(1,765
)
 
$
117,632

 
 
 
 
 
 
 
 
 
Balance, Dec. 31, 2016
 
$
(9,087
)
 
$

 
$
(1,880
)
 
$
(10,967
)
Net change in unrealized gain (loss)
 
33,369

 

 

 
33,369

Reclassification adjustments included in earnings:
 
 
 
 
 
 
 
 
Gain on available for sale securities, net
 
(2,429
)
 

 

 
(2,429
)
Other comprehensive income, before income taxes
 
30,940

 

 

 
30,940

Federal and state income taxes1
 
12,009

 


 

 
12,009

Other comprehensive income, net of income taxes
 
18,931

 

 

 
18,931

Balance, June 30, 2017
 
$
9,844

 
$

 
$
(1,880
)
 
$
7,964


1 
Calculated using a 39 percent effective tax rate.
v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Table Text Block]
(In thousands, except share and per share amounts)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to BOK Financial Corp. shareholders
 
$
88,147

 
$
65,801

 
$
176,503

 
$
108,365

Less: Earnings allocated to participating securities
 
926

 
821

 
1,929

 
1,359

Numerator for basic earnings per share – income available to common shareholders
 
87,221

 
64,980

 
174,574

 
107,006

Effect of reallocating undistributed earnings of participating securities
 
1

 

 
1

 

Numerator for diluted earnings per share – income available to common shareholders
 
$
87,222

 
$
64,980

 
$
174,575

 
$
107,006

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Weighted average shares outstanding
 
65,416,274

 
66,069,392

 
65,436,909

 
66,100,279

Less:  Participating securities included in weighted average shares outstanding
 
686,522

 
823,505

 
714,165

 
829,065

Denominator for basic earnings per common share
 
64,729,752

 
65,245,887

 
64,722,744

 
65,271,214

Dilutive effect of employee stock compensation plans1
 
63,382

 
57,039

 
65,578

 
45,963

Denominator for diluted earnings per common share
 
64,793,134

 
65,302,926

 
64,788,322

 
65,317,177

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
1.35

 
$
1.00

 
$
2.70

 
$
1.64

Diluted earnings per share
 
$
1.35

 
$
1.00

 
$
2.69

 
$
1.64

1  Excludes employee stock options with exercise prices greater than current market price.
 

 

 

 
145,247

v3.7.0.1
Reportable Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Reportable Segments [Table Text Block]
Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2017 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
144,164

 
$
23,503

 
$
10,474

 
$
27,063

 
$
205,204

Net interest revenue (expense) from internal sources
 
(20,347
)
 
11,837

 
10,325

 
(1,815
)
 

Net interest revenue
 
123,817

 
35,340

 
20,799

 
25,248

 
205,204

Provision for credit losses
 
1,228

 
926

 
(93
)
 
(2,061
)
 

Net interest revenue after provision for credit losses
 
122,589

 
34,414

 
20,892

 
27,309

 
205,204

Other operating revenue
 
55,778

 
52,102

 
75,569

 
(1,197
)
 
182,252

Other operating expense
 
59,128

 
55,709

 
60,615

 
75,433

 
250,885

Net direct contribution
 
119,239

 
30,807

 
35,846

 
(49,321
)
 
136,571

Gain on financial instruments, net
 
3

 
5,224

 

 
(5,227
)
 

Change in fair value of mortgage servicing rights
 

 
(6,943
)
 

 
6,943

 

Gain on repossessed assets, net
 
1,403

 
98

 

 
(1,501
)
 

Corporate expense allocations
 
8,862

 
17,039

 
9,947

 
(35,848
)
 

Net income before taxes
 
111,783

 
12,147

 
25,899

 
(13,258
)
 
136,571

Federal and state income taxes
 
43,484

 
4,725

 
10,075

 
(10,579
)
 
47,705

Net income
 
68,299

 
7,422

 
15,824

 
(2,679
)
 
88,866

Net income attributable to non-controlling interests
 

 

 

 
719

 
719

Net income attributable to BOK Financial Corp. shareholders
 
$
68,299

 
$
7,422

 
$
15,824

 
$
(3,398
)
 
$
88,147

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
17,596,273

 
$
8,845,398

 
$
6,763,093

 
$
(836,193
)
 
$
32,368,571


Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2017 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
278,868

 
$
44,632

 
$
21,960

 
$
60,926

 
$
406,386

Net interest revenue (expense) from internal sources
 
(37,140
)
 
22,789

 
19,181

 
(4,830
)
 

Net interest revenue
 
241,728

 
67,421

 
41,141

 
56,096

 
406,386

Provision for credit losses
 
(234
)
 
2,198

 
(53
)
 
(1,911
)
 

Net interest revenue after provision for credit losses
 
241,962

 
65,223

 
41,194

 
58,007

 
406,386

Other operating revenue
 
102,048

 
99,408

 
149,727

 
1,365

 
352,548

Other operating expense
 
111,565

 
109,242

 
121,025

 
153,764

 
495,596

Net direct contribution
 
232,445

 
55,389

 
69,896

 
(94,392
)
 
263,338

Gain on financial instruments, net
 
41

 
3,557

 

 
(3,598
)
 

Change in fair value of mortgage servicing rights
 

 
(5,087
)
 

 
5,087

 

Gain (loss) on repossessed assets, net
 
1,398

 
(39
)
 

 
(1,359
)
 

Corporate expense allocations
 
17,493

 
33,908

 
20,619

 
(72,020
)
 

Net income before taxes
 
216,391

 
19,912

 
49,277

 
(22,242
)
 
263,338

Federal and state income taxes
 
84,176

 
7,746

 
19,169

 
(25,283
)
 
85,808

Net income
 
132,215

 
12,166

 
30,108

 
3,041

 
177,530

Net income attributable to non-controlling interests
 

 

 

 
1,027

 
1,027

Net income attributable to BOK Financial Corp. shareholders
 
$
132,215

 
$
12,166

 
$
30,108

 
$
2,014

 
$
176,503

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
17,517,960

 
$
8,747,524

 
$
6,960,872

 
$
(566,196
)
 
$
32,660,160


Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2016 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
118,480

 
$
22,349

 
$
6,271

 
$
35,512

 
$
182,612

Net interest revenue (expense) from internal sources
 
(14,575
)
 
8,876

 
$
7,193

 
(1,494
)
 

Net interest revenue
 
103,905

 
31,225

 
13,464

 
34,018

 
182,612

Provision for credit losses
 
6,852

 
1,318

 
(239
)
 
12,069

 
20,000

Net interest revenue after provision for credit losses
 
97,053

 
29,907

 
13,703

 
21,949

 
162,612

Other operating revenue
 
51,497

 
57,440

 
75,772

 
833

 
185,542

Other operating expense
 
52,594

 
62,806

 
61,414

 
74,571

 
251,385

Net direct contribution
 
95,956

 
24,541

 
28,061

 
(51,789
)
 
96,769

Gain on financial instruments, net
 

 
15,045

 

 
(15,045
)
 

Change in fair value of mortgage servicing rights
 

 
(16,283
)
 

 
16,283

 

Gain (loss) on repossessed assets, net
 
(598
)
 
252

 

 
346

 

Corporate expense allocations
 
8,883

 
16,630

 
10,417

 
(35,930
)
 

Net income before taxes
 
86,475

 
6,925

 
17,644

 
(14,275
)
 
96,769

Federal and state income taxes
 
33,639

 
2,694

 
6,864

 
(12,700
)
 
30,497

Net income
 
52,836

 
4,231

 
10,780

 
(1,575
)
 
66,272

Net gain attributable to non-controlling interests
 

 

 

 
471

 
471

Net income attributable to BOK Financial Corp. shareholders
 
$
52,836

 
$
4,231

 
$
10,780

 
$
(2,046
)
 
$
65,801

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
16,973,663

 
$
8,774,881

 
$
5,765,390

 
$
472,108

 
$
31,986,042



Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2016 is as follows (in thousands):
 
 
Commercial
 
Consumer
 
Wealth
Management
 
Funds Management and Other
 
BOK
Financial
Consolidated
Net interest revenue from external sources
 
$
235,116

 
$
43,799

 
$
12,349

 
$
73,920

 
$
365,184

Net interest revenue (expense) from internal sources
 
(29,208
)
 
18,229

 
$
14,857

 
(3,878
)
 

Net interest revenue
 
205,908

 
62,028

 
27,206

 
70,042

 
365,184

Provision for credit losses
 
28,423

 
3,020

 
(390
)
 
23,947

 
55,000

Net interest revenue after provision for credit losses
 
177,485

 
59,008

 
27,596

 
46,095

 
310,184

Other operating revenue
 
96,605

 
111,469

 
144,518

 
(9,636
)
 
342,956

Other operating expense
 
108,663

 
118,524

 
122,098

 
144,670

 
493,955

Net direct contribution
 
165,427

 
51,953

 
50,016

 
(108,211
)
 
159,185

Gain on financial instruments, net
 

 
31,626

 

 
(31,626
)
 

Change in fair value of mortgage servicing rights
 

 
(44,271
)
 

 
44,271

 

Gain (loss) on repossessed assets, net
 
(680
)
 
406

 

 
274

 

Corporate expense allocations
 
17,627

 
32,608

 
20,952

 
(71,187
)
 

Net income before taxes
 
147,120

 
7,106

 
29,064

 
(24,105
)
 
159,185

Federal and state income taxes
 
57,230

 
2,764

 
11,306

 
(19,375
)
 
51,925

Net income
 
89,890

 
4,342

 
17,758

 
(4,730
)
 
107,260

Net loss attributable to non-controlling interests
 

 

 

 
(1,105
)
 
(1,105
)
Net income attributable to BOK Financial Corp. shareholders
 
$
89,890

 
$
4,342

 
$
17,758

 
$
(3,625
)
 
$
108,365

 
 
 
 
 
 
 
 
 
 
 
Average assets
 
$
16,971,339

 
$
8,731,085

 
$
5,665,218

 
$
379,615

 
$
31,747,257

v3.7.0.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value Assets And Liabilities Measured On A Recurring Basis [Table Text Block]
The fair value of financial assets and liabilities measured on a recurring basis was as follows as of June 30, 2017 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
20,954

 
$

 
$
20,954

 
$

U.S. government agency residential mortgage-backed securities
 
365,171

 

 
365,171

 

Municipal and other tax-exempt securities
 
45,444

 

 
45,444

 

Other trading securities
 
9,845

 

 
9,845

 

Total trading securities
 
441,414

 

 
441,414

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
998

 
998

 

 

Municipal and other tax-exempt securities
 
32,765

 

 
28,110

 
4,655

U.S. government agency residential mortgage-backed securities
 
5,382,377

 

 
5,382,377

 

Privately issued residential mortgage-backed securities
 
103,383

 

 
103,383

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,782,070

 

 
2,782,070

 

Other debt securities
 
4,152

 

 

 
4,152

Perpetual preferred stock
 
16,568

 

 
16,568

 

Equity securities and mutual funds
 
18,728

 
3,516

 
15,212

 

Total available for sale securities
 
8,341,041

 
4,514

 
8,327,720

 
8,807

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
445,169

 

 
445,169

 

Residential mortgage loans held for sale
 
287,259

 

 
274,524

 
12,735

Mortgage servicing rights1
 
245,239

 

 

 
245,239

Derivative contracts, net of cash collateral2
 
280,289

 
20,213

 
260,076

 

Liabilities:
 
 

 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
285,819

 
5,919

 
279,900

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts in asset positions that were valued based on quoted prices in active markets for identical instruments (Level 1) are primarily exchange-traded energy and interest rate derivative contacts. Derivative contacts in liability positions that were valued using quoted prices in active markets for identical instruments are exchange-traded interest rate and agricultural derivative contracts, net of cash margin.

The fair value of financial assets and liabilities measured on a recurring basis was as follows as of December 31, 2016 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
6,234

 
$

 
$
6,234

 
$

U.S. government agency residential mortgage-backed securities
 
310,067

 

 
310,067

 

Municipal and other tax-exempt securities
 
14,427

 

 
14,427

 

Other trading securities
 
6,900

 

 
6,900

 

Total trading securities
 
337,628

 

 
337,628

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
999

 
999

 

 

Municipal and other tax-exempt securities
 
40,993

 

 
35,204

 
5,789

U.S. government agency residential mortgage-backed securities
 
5,460,386

 

 
5,460,386

 

Privately issued residential mortgage-backed securities
 
115,535

 

 
115,535

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,017,933

 

 
3,017,933

 

Other debt securities
 
4,152

 

 

 
4,152

Perpetual preferred stock
 
18,474

 

 
18,474

 

Equity securities and mutual funds
 
18,357

 
3,495

 
14,862

 

Total available for sale securities
 
8,676,829

 
4,494

 
8,662,394

 
9,941

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
77,046

 

 
77,046

 

Residential mortgage loans held for sale
 
301,897

 

 
290,280

 
11,617

Mortgage servicing rights1
 
247,073

 

 

 
247,073

Derivative contracts, net of cash collateral2
 
689,872

 
7,541

 
682,331

 

Liabilities:
 


 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
664,531

 
6,972

 
657,559

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest-rate and energy derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate, energy and agricultural derivative contracts, net of cash margin.


The fair value of financial assets and liabilities measured on a recurring basis was as follows as of June 30, 2016 (in thousands):
 
 
Total
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
U.S. government agency debentures
 
$
18,909

 
$

 
$
18,909

 
$

U.S. government agency residential mortgage-backed securities
 
122,306

 

 
122,306

 

Municipal and other tax-exempt securities
 
52,721

 

 
52,721

 

Other trading securities
 
17,686

 

 
17,686

 

Total trading securities
 
211,622

 

 
211,622

 

Available for sale securities:
 
 

 
 

 
 

 
 

U.S. Treasury
 
1,004

 
1,004

 

 

Municipal and other tax-exempt securities
 
50,262

 

 
40,662

 
9,600

U.S. government agency residential mortgage-backed securities
 
5,700,268

 

 
5,700,268

 

Privately issued residential mortgage-backed securities
 
126,313

 

 
126,313

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,911,946

 

 
2,911,946

 

Other debt securities
 
4,151

 

 

 
4,151

Perpetual preferred stock
 
17,931

 

 
17,931

 

Equity securities and mutual funds
 
18,814

 
3,785

 
15,029

 

Total available for sale securities
 
8,830,689

 
4,789

 
8,812,149

 
13,751

Fair value option securities:
 
 
 
 
 
 
 
 
U.S. Treasury
 
25,306

 
25,306

 

 

U.S. government agency residential mortgage-backed securities
 
237,959

 

 
237,959

 

Total fair value option securities
 
263,265

 
25,306

 
237,959

 

Residential mortgage loans held for sale
 
430,728

 

 
420,979

 
9,749

Mortgage servicing rights1
 
190,747

 

 

 
190,747

Derivative contracts, net of cash collateral2
 
883,673

 
7,246

 
876,427

 

Liabilities:
 
 

 
 
 
 
 
 
Derivative contracts, net of cash collateral2
 
719,159

 
4,808

 
714,351

 

1 
A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
2 
See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded energy and agricultural derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate and energy derivative contracts, net cash margin.

Fair Value Assets Measured On Recurring Basis, Significant Unobservable Inputs [Table Text Block]
The following represents the changes for the three and six months ended June 30, 2017 related to assets measured at fair value on a recurring basis using significant unobservable inputs (in thousands):
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt securities
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, March 31, 2017
 
$
5,722

 
$
4,153

 
$
12,679

Transfer to Level 3 from Level 21
 

 

 
853

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,030
)
Redemptions and distributions
 
(1,100
)
 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
233

Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
33

 
(1
)
 

Balance, June 30, 2017
 
$
4,655

 
$
4,152

 
$
12,735

1  
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, Dec. 31, 2016
 
$
5,789

 
$
4,152

 
$
11,617

Transfer to Level 3 from Level 21
 

 

 
2,740

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,702
)
Redemptions and distributions
 
(1,100
)
 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
80

Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(34
)
 

 

Balance, June 30, 2017
 
$
4,655

 
$
4,152

 
$
12,735

1 
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
The following represents the changes for the three and six months ended June 30, 2016 related to assets measured at fair value on a recurring basis using significant unobservable inputs (in thousands):
 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt securities
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, March 31, 2016
 
$
9,614

 
$
4,151

 
$
8,099

Transfer to Level 3 from Level 21
 

 

 
3,080

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,249
)
Redemptions and distributions
 

 

 

Gain (loss) recognized in earnings:
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
(181
)
Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(14
)
 

 

Balance, June 30, 2016
 
$
9,600

 
$
4,151

 
$
9,749

1 
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.

 
 
Available for Sale Securities
 
 
 
 
Municipal and other tax-exempt
 
Other debt securities
 
Residential mortgage loans held for sale
Balance, Dec. 31, 2015
 
$
9,610

 
$
4,151

 
$
7,874

Transfer to Level 3 from Level 21
 

 

 
3,540

Purchases
 

 

 

Proceeds from sales
 

 

 
(1,362
)
Redemptions and distributions
 

 

 

Gain (loss) recognized in earnings
 
 
 
 
 
 
Mortgage banking revenue
 

 

 
(303
)
Other comprehensive income (loss):
 
 
 
 
 
 
Net change in unrealized gain (loss)
 
(10
)
 

 

Balance, June 30, 2016
 
$
9,600

 
$
4,151

 
$
9,749


1  
Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.


Fair Value Inputs, Fair Value Measured On a Recurring Basis, Quantitative Information [Table Text Block]
A summary of quantitative information about assets measured at fair value on a recurring basis using Significant Unobservable Inputs (Level 3) as of June 30, 2017 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost/Unpaid Principal Balance
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
5,095

 
$
5,067

 
$
4,655

 
Discounted cash flows
1 
Interest rate spread
 
5.98%-5.98% (5.98%)
2 
90.00%-94.90% (92.93%)
3 
Other debt securities
 
4,400

 
4,400

 
4,152

 
Discounted cash flows
1 
Interest rate spread
 
5.41%-6.72% (6.57%)
4 
94.31% - 94.38 (94.37%)
3 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans held for sale
 
N/A

 
13,274

 
12,563

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
94.64%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 360 to 446 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 3 percent.


A summary of quantitative information about Recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of December 31, 2016 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost/Unpaid Principal Balance
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
6,195

 
$
6,163

 
$
5,789

 
Discounted cash flows
1 
Interest rate spread
 
5.91%-6.21% (6.16%)
2 
90.00%-93.40% (92.20%)
3 
Other debt securities
 
4,400

 
4,400

 
4,152

 
Discounted cash flows
1 
Interest rate spread
 
6.01%-6.26% (6.23%)
4 
94.34% - 94.36 (94.36%)
3 
Residential mortgage loans held for sale
 
N/A

 
12,431

 
11,617

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
93.45%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 467 to 525 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.

A summary of quantitative information about Recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2016 follows (in thousands):
 
 
Par
Value
 
Amortized
Cost
 
Fair
Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available for sale securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Municipal and other tax-exempt securities
 
$
10,370

 
$
10,312

 
$
9,600

 
Discounted cash flows
1 
Interest rate spread
 
5.34%-5.64% (5.60%)
2 
90.00%-93.28% (92.58%)
3 
Other debt securities
 
4,400

 
4,400

 
4,151

 
Discounted cash flows
1 
Interest rate spread
 
5.51%-5.96% (5.91%)
4 
94.32% - 94.34 (94.34%)
3 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage loans held for sale
 
N/A

 
10,518

 
9,749

 
Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
 
Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
 
92.69%
 
1 
Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume.
2 
Interest rate yields used to value investment grade tax-exempt securities represent a spread of 474 to 513 basis points over average yields for comparable tax-exempt securities.
3 
Represents fair value as a percentage of par value.
4 
Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.

Fair Value Assets Measured on Nonrecurring Basis [Table Text Block]
The following represents the carrying value of assets measured at fair value on a non-recurring basis (and related losses) during the period. The carrying value represents only those assets with a balance at June 30, 2017 for which the fair value was adjusted during the six months ended June 30, 2017:
 
 
 
 
 
 
 
Fair Value Adjustments for the
 
Carrying Value at June 30, 2017
 
Three Months Ended
June 30, 2017
Recognized in:
 
Six Months Ended
June 30, 2017
Recognized in:
 
Quoted Prices
in Active Markets for Identical Instruments
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
Impaired loans
$

 
$
464

 
$
3,570

 
$
232

 
$

 
$
676

 
$

Real estate and other repossessed assets

 
3,488

 
530

 

 
772

 

 
906

 
The following represents the carrying value of assets measured at fair value on a non-recurring basis (and related losses) during the period. The carrying value represents only those assets with a balance at June 30, 2016 for which the fair value was adjusted during the six months ended June 30, 2016:
 
Carrying Value at June 30, 2016
 
Fair Value Adjustments for the Three Months Ended
June 30, 2016
Recognized in:
 
Six Months Ended
June 30, 2016
Recognized in:
 
Quoted Prices
in Active Markets for Identical Instruments
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
 
Gross charge-offs against allowance for loan losses
 
Net losses and expenses of repossessed assets, net
Impaired loans
$

 
$
634

 
$
42,342

 
$
7,041

 
$

 
$
29,186

 
$

Real estate and other repossessed assets

 
5,709

 
1,693

 

 
751

 

 
1,068

Fair Value Inputs, Fair Value Measured On a Nonrecurring Basis, Quantitative Information [Table Text Block]
A summary of quantitative information about Non-recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2017 follows (in thousands):
 
 
Fair Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
Impaired loans
 
$
3,570

 
Discounted cash flows
 
Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs
 
75% - 90% (83%)1
Real estate and other repossessed assets
 
530

 
Appraised value, as adjusted
 
Marketability adjustment off appraised value2
 
65% - 88% (80%)
1 
Represents fair value as a percentage of the unpaid principal balance.
2  
Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.


A summary of quantitative information about Non-recurring Fair Value Measurements based on Significant Unobservable Inputs (Level 3) as of June 30, 2016 follows (in thousands):
 
 
Fair Value
 
Valuation Technique(s)
 
Unobservable Input
 
Range
(Weighted Average)
Impaired loans
 
$
42,342

 
Discounted cash flows
 
Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs
 
25% - 71% (58%)1
Real estate and other repossessed assets
 
1,693

 
Appraised value, as adjusted
 
Marketability adjustments off appraised value2
 
68% - 80% (71%)

1  
Represents fair value as a percentage of the unpaid principal balance.
2  
Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.


Fair Value of Financial Instruments [Table Text Block]
The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of June 30, 2017 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
561,587

 
$
561,587

 
$
561,587

 
$

 
$

Interest-bearing cash and cash equivalents
 
2,078,831

 
2,078,831

 
2,078,831

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
20,954

 
20,954

 

 
20,954

 

U.S. government agency residential mortgage-backed securities
 
365,171

 
365,171

 

 
365,171

 

Municipal and other tax-exempt securities
 
45,444

 
45,444

 

 
45,444

 

Other trading securities
 
9,845

 
9,845

 

 
9,845

 

Total trading securities
 
441,414

 
441,414

 

 
441,414

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
267,375

 
270,531

 

 
270,531

 

U.S. government agency residential mortgage-backed securities
 
18,035

 
18,642

 

 
18,642

 

Other debt securities
 
205,016

 
226,502

 

 
226,502

 

Total investment securities
 
490,426

 
515,675

 

 
515,675

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
998

 
998

 
998

 

 

Municipal and other tax-exempt securities
 
32,765

 
32,765

 

 
28,110

 
4,655

U.S. government agency residential mortgage-backed securities
 
5,382,377

 
5,382,377

 

 
5,382,377

 

Privately issued residential mortgage-backed securities
 
103,383

 
103,383

 

 
103,383

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,782,070

 
2,782,070

 

 
2,782,070

 

Other debt securities
 
4,152

 
4,152

 

 

 
4,152

Perpetual preferred stock
 
16,568

 
16,568

 

 
16,568

 

Equity securities and mutual funds
 
18,728

 
18,728

 
3,516

 
15,212

 

Total available for sale securities
 
8,341,041

 
8,341,041

 
4,514

 
8,327,720

 
8,807

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
445,169

 
445,169

 

 
445,169

 

Residential mortgage loans held for sale
 
287,259

 
287,259

 

 
274,524

 
12,735

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,637,955

 
10,413,704

 

 

 
10,413,704

Commercial real estate
 
3,688,592

 
3,636,365

 

 

 
3,636,365

Residential mortgage
 
1,939,198

 
1,950,577

 

 

 
1,950,577

Personal
 
917,900

 
909,055

 

 

 
909,055

Total loans
 
17,183,645

 
16,909,701

 

 

 
16,909,701

Allowance for loan losses
 
(250,061
)
 

 

 

 

Loans, net of allowance
 
16,933,584

 
16,909,701

 

 

 
16,909,701

Mortgage servicing rights
 
245,239

 
245,239

 

 

 
245,239

Derivative instruments with positive fair value, net of cash collateral
 
280,289

 
280,289

 
46,366

 
233,923

 

Deposits with no stated maturity
 
20,120,352

 
20,120,352

 

 

 
20,120,352

Time deposits
 
2,196,122

 
2,164,115

 

 

 
2,164,115

Other borrowed funds
 
5,696,666

 
5,664,273

 

 

 
5,664,273

Subordinated debentures
 
144,658

 
147,204

 

 
147,204

 

Derivative instruments with negative fair value, net of cash collateral
 
285,819

 
285,819

 
20,915

 
264,904

 

The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of December 31, 2016 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
620,846

 
$
620,846

 
$
620,846

 
$

 
$

Interest-bearing cash and cash equivalents
 
1,916,651

 
1,916,651

 
1,916,651

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
6,234

 
6,234

 

 
6,234

 

U.S. government agency residential mortgage-backed securities
 
310,067

 
310,067

 

 
310,067

 

Municipal and other tax-exempt securities
 
14,427

 
14,427

 

 
14,427

 

Other trading securities
 
6,900

 
6,900

 

 
6,900

 

Total trading securities
 
337,628

 
337,628

 

 
337,628

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
320,364

 
321,225

 

 
321,225

 

U.S. government agency residential mortgage-backed securities
 
20,777

 
21,473

 

 
21,473

 

Other debt securities
 
205,004

 
222,795

 

 
222,795

 

Total investment securities
 
546,145

 
565,493

 

 
565,493

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
999

 
999

 
999

 

 

Municipal and other tax-exempt securities
 
40,993

 
40,993

 

 
35,204

 
5,789

U.S. government agency residential mortgage-backed securities
 
5,460,386

 
5,460,386

 

 
5,460,386

 

Privately issued residential mortgage-backed securities
 
115,535

 
115,535

 

 
115,535

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
3,017,933

 
3,017,933

 

 
3,017,933

 

Other debt securities
 
4,152

 
4,152

 

 

 
4,152

Perpetual preferred stock
 
18,474

 
18,474

 

 
18,474

 

Equity securities and mutual funds
 
18,357

 
18,357

 
3,495

 
14,862

 

Total available for sale securities
 
8,676,829

 
8,676,829

 
4,494

 
8,662,394

 
9,941

Fair value option securities – U.S. government agency residential mortgage-backed securities
 
77,046

 
77,046

 

 
77,046

 

Residential mortgage loans held for sale
 
301,897

 
301,897

 

 
290,280

 
11,617

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,390,824

 
10,437,016

 

 

 
10,437,016

Commercial real estate
 
3,809,046

 
3,850,981

 

 

 
3,850,981

Residential mortgage
 
1,949,832

 
2,025,159

 

 

 
2,025,159

Personal
 
839,958

 
864,904

 

 

 
864,904

Total loans
 
16,989,660

 
17,178,060

 

 

 
17,178,060

Allowance for loan losses
 
(246,159
)
 

 

 

 

Loans, net of allowance
 
16,743,501

 
17,178,060

 

 

 
17,178,060

Mortgage servicing rights
 
247,073

 
247,073

 

 

 
247,073

Derivative instruments with positive fair value, net of cash collateral
 
689,872

 
689,872

 
7,541

 
682,331

 

Deposits with no stated maturity
 
20,526,295

 
20,526,295

 

 

 
20,526,295

Time deposits
 
2,221,800

 
2,218,303

 

 

 
2,218,303

Other borrowed funds
 
5,572,662

 
5,556,327

 

 

 
5,556,327

Subordinated debentures
 
144,640

 
128,903

 

 
128,903

 

Derivative instruments with negative fair value, net of cash collateral
 
664,531

 
664,531

 
6,972

 
657,559

 


The following table presents the carrying values and estimated fair values of all financial instruments, including those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis as of June 30, 2016 (dollars in thousands):
 
 
Carrying
Value
 
Estimated
Fair
Value
 
Quoted Prices in Active Markets for Identical Instruments (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Cash and due from banks
 
$
498,713

 
$
498,713

 
$
498,713

 
$

 
$

Interest-bearing cash and cash equivalents
 
1,907,838

 
1,907,838

 
1,907,838

 

 

Trading securities:
 
 
 
 
 
 
 

 
 
U.S. government agency debentures
 
18,909

 
18,909

 

 
18,909

 

U.S. government agency residential mortgage-backed securities
 
122,306

 
122,306

 

 
122,306

 

Municipal and other tax-exempt securities
 
52,721

 
52,721

 

 
52,721

 

Other trading securities
 
17,686

 
17,686

 

 
17,686

 

Total trading securities
 
211,622

 
211,622

 

 
211,622

 

Investment securities:
 
 

 
 

 
 
 
 
 
 
Municipal and other tax-exempt securities
 
334,551

 
340,700

 

 
340,700

 

U.S. government agency residential mortgage-backed securities
 
23,750

 
25,233

 

 
25,233

 

Other debt securities
 
202,410

 
233,129

 

 
233,129

 

Total investment securities
 
560,711

 
599,062

 

 
599,062

 

Available for sale securities:
 
 

 
 

 
 
 
 
 
 
U.S. Treasury
 
1,004

 
1,004

 
1,004

 

 

Municipal and other tax-exempt securities
 
50,262

 
50,262

 

 
40,662

 
9,600

U.S. government agency residential mortgage-backed securities
 
5,700,268

 
5,700,268

 

 
5,700,268

 

Privately issued residential mortgage-backed securities
 
126,313

 
126,313

 

 
126,313

 

Commercial mortgage-backed securities guaranteed by U.S. government agencies
 
2,911,946

 
2,911,946

 

 
2,911,946

 

Other debt securities
 
4,151

 
4,151

 

 

 
4,151

Perpetual preferred stock
 
17,931

 
17,931

 

 
17,931

 

Equity securities and mutual funds
 
18,814

 
18,814

 
3,785

 
15,029

 

Total available for sale securities
 
8,830,689

 
8,830,689

 
4,789

 
8,812,149

 
13,751

Fair value option securities:
 
 
 
 
 
 
 
 
 
 
U.S. Treasury
 
25,306

 
25,306

 
25,306

 

 

U.S. government agency residential mortgage-backed securities
 
237,959

 
237,959

 

 
237,959

 

Total fair value option securities
 
263,265

 
263,265

 
25,306

 
237,959

 

Residential mortgage loans held for sale
 
430,728

 
430,728

 

 
420,979

 
9,749

Loans:
 
 

 
 

 
 
 
 
 
 
Commercial
 
10,356,437

 
10,172,701

 

 

 
10,172,701

Commercial real estate
 
3,581,966

 
3,563,378

 

 

 
3,563,378

Residential mortgage
 
1,880,923

 
1,913,208

 

 

 
1,913,208

Personal
 
587,423

 
582,353

 

 

 
582,353

Total loans
 
16,406,749

 
16,231,640

 

 

 
16,231,640

Allowance for loan losses
 
(243,259
)
 

 

 

 

Loans, net of allowance
 
16,163,490

 
16,231,640

 

 

 
16,231,640

Mortgage servicing rights
 
190,747

 
190,747

 

 

 
190,747

Derivative instruments with positive fair value, net of cash collateral
 
883,673

 
883,673

 
7,246

 
876,427

 

Deposits with no stated maturity
 
18,512,740

 
18,512,740

 

 

 
18,512,740

Time deposits
 
2,247,061

 
2,252,212

 

 

 
2,252,212

Other borrowed funds
 
6,360,199

 
6,342,885

 

 

 
6,342,885

Subordinated debentures
 
371,812

 
371,808

 

 
150,234

 
221,574

Derivative instruments with negative fair value, net of cash collateral
 
719,159

 
719,159

 
4,808

 
714,351

 

Fair Value Inputs, Financial Instruments, Quantitative Information [Table Text Block]
 
Range of
Contractual
Yields
 
Average Re-pricing (in years)
 
Discount
Rate
 
Minimum
 
Maximum
 
Average
 
Minimum
 
Maximum
June 30, 2017
 
 
 
 
 
 
 
 
 
Commercial
0.38
%
 
30.00
%
 
0.64
 
0.71
%
 
4.56
%
Commercial real estate
0.38
%
 
18.00
%
 
0.77
 
1.03
%
 
4.31
%
Residential mortgage
1.74
%
 
18.00
%
 
2.18
 
1.75
%
 
4.19
%
Consumer
0.25
%
 
21.00
%
 
0.28
 
0.70
%
 
4.68
%
 
 
 
 
 
 
 
 
 
 
Time deposits
0.03
%
 
10.00
%
 
1.91
 
1.81
%
 
2.12
%
Other borrowings
0.25
%
 
3.58
%
 
0.02
 
1.06
%
 
3.69
%
Subordinated debentures
5.38
%
 
5.38
%
 
16.90
 
4.89
%
 
4.89
%
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
Commercial
0.38
%
 
30.00
%
 
0.70
 
0.64
%
 
4.60
%
Commercial real estate
0.38
%
 
18.00
%
 
0.71
 
0.94
%
 
4.27
%
Residential mortgage
1.74
%
 
18.00
%
 
2.27
 
1.71
%
 
4.26
%
Consumer
0.25
%
 
21.00
%
 
0.40
 
1.03
%
 
4.59
%
 
 
 
 
 
 
 
 
 
 
Time deposits
0.02
%
 
9.65
%
 
1.96
 
1.57
%
 
2.00
%
Other borrowings
0.25
%
 
3.50
%
 
0.00
 
0.55
%
 
3.22
%
Subordinated debentures
5.38
%
 
5.38
%
 
16.86
 
6.11
%
 
6.11
%
 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
Commercial
0.38
%
 
30.00
%
 
0.69
 
0.55
%
 
3.68
%
Commercial real estate
0.38
%
 
18.00
%
 
0.73
 
0.80
%
 
3.65
%
Residential mortgage
1.70
%
 
18.00
%
 
1.97
 
1.25
%
 
3.75
%
Consumer
0.25
%
 
21.00
%
 
0.35
 
0.71
%
 
3.91
%
 
 
 
 
 
 
 
 
 
 
Time deposits
0.03
%
 
9.64
%
 
2.15
 
1.16
%
 
1.43
%
Other borrowings
0.25
%
 
3.28
%
 
0.02
 
0.30
%
 
2.92
%
Subordinated debentures
1.32
%
 
5.38
%
 
8.35
 
2.16
%
 
5.38
%
v3.7.0.1
Federal and State Income Taxes Federal and State Income Taes (Tables)
6 Months Ended
Jun. 30, 2017
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The reconciliations of income (loss) attributable to continuing operations at the U.S. federal statutory tax rate to income tax expense are as follows (in thousands):
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Amount:
 
 
 
 
 
 
 
 
Federal statutory tax
 
$
47,800

 
$
33,869

 
$
92,168

 
$
55,715

Tax exempt revenue
 
(3,224
)
 
(2,568
)
 
(6,335
)
 
(5,100
)
Effect of state income taxes, net of federal benefit
 
2,944

 
1,557

 
5,389

 
3,858

Utilization of tax credits:
 
 
 
 
 
 
 
 
Low-income housing tax credit, net of amortization
 
(526
)
 
(572
)
 
(2,249
)
 
(1,882
)
Other tax credits
 
(363
)
 
(521
)
 
(727
)
 
(1,042
)
Bank-owned life insurance
 
(775
)
 
(810
)
 
(1,547
)
 
(1,601
)
Share-based compensation
 
1,636

 

 
(2,301
)
 

Other, net
 
213

 
(458
)
 
1,410

 
1,977

Total income tax expense
 
$
47,705

 
$
30,497

 
$
85,808

 
$
51,925



 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2017
 
2016
 
2017
 
2016
Percent of pretax income:
 
 
 
 
 
 
 
 
Federal statutory tax
 
35.0
 %
 
35.0
 %
 
35.0
 %
 
35.0
 %
Tax exempt revenue
 
(2.4
)
 
(2.7
)
 
(2.4
)
 
(3.2
)
Effect of state income taxes, net of federal benefit
 
2.2

 
1.6

 
2.0

 
2.4

Utilization of tax credits:
 
 
 
 
 
 
 
 
Low-income housing tax credit, net of amortization
 
(0.4
)
 
(0.6
)
 
(0.8
)
 
(1.2
)
Other tax credits
 
(0.3
)
 
(0.5
)
 
(0.3
)
 
(0.6
)
Bank-owned life insurance
 
(0.6
)
 
(0.8
)
 
(0.6
)
 
(1.0
)
Share-based compensation
 
1.2

 

 
(0.9
)
 

Other, net
 
0.2

 
(0.5
)
 
0.6

 
1.2

Total
 
34.9
 %
 
31.5
 %
 
32.6
 %
 
32.6
 %
v3.7.0.1
Significant Accounting Policies Loans and Allowance for Credit Losses (Details)
6 Months Ended
Jun. 30, 2017
Loans and Allowance for Credit Losses [Abstract]  
Loans, Number of Days Past Due for a Non-Risk Graded Loan to be Placed on Nonaccruing Status 90 days
Loans, Number of Days After Notification of Chapter 7 Bankruptcy Non-Risk Graded Loan is Placed on Nonaccruing Status 60 days
Loans and Allowances for Credit Losses, Minimum No of Days After Which Past Due Non-Risk Graded Loans Are Charged Off 60 days
Loans and Allowances for Credit Losses, Maximum No of Days After Which Past Due Non-Risk Graded Loans Are Charged Off 180 days
Loans, Number of Days After Notification of Chapter 7 Bankruptcy Non-Risk Graded Loan is Charged Off 60 days
v3.7.0.1
Significant Accounting Policies Newly Adopted and Pending Accounting Pronouncements (Details)
6 Months Ended
Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Percentage of gross revenue of Transaction Card Revenue and Fiduciary and Asset Management Revenue 19.00%
Percentage of fees and commission revenue composed of Transaction Card Revenue and Fiduciary and Asset Management Revenue 43.00%
v3.7.0.1
Trading Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Schedule of Trading Securities [Line Items]      
Trading Securities, Fair Value $ 441,414 $ 337,628 $ 211,622
Trading Securities, Net Unrealized Gain (Loss) (986) 738 786
U.S. government agency debentures      
Schedule of Trading Securities [Line Items]      
Trading Securities, Fair Value 20,954 6,234 18,909
Trading Securities, Net Unrealized Gain (Loss) (9) (4) (8)
U.S. government agency residential mortgage-backed securities      
Schedule of Trading Securities [Line Items]      
Trading Securities, Fair Value 365,171 310,067 122,306
Trading Securities, Net Unrealized Gain (Loss) (1,032) 635 363
Municipal and other tax-exempt securities      
Schedule of Trading Securities [Line Items]      
Trading Securities, Fair Value 45,444 14,427 52,721
Trading Securities, Net Unrealized Gain (Loss) 230 50 262
Other trading securities      
Schedule of Trading Securities [Line Items]      
Trading Securities, Fair Value 9,845 6,900 17,686
Trading Securities, Net Unrealized Gain (Loss) $ (175) $ 57 $ 169
v3.7.0.1
Investment (Held-to-Maturity) Securities (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
Schedule of Investment (Held-to-Maturity) Securities [Line Items]      
Investments Securities, Amortized Cost $ 490,426 $ 546,145 $ 560,711
Investment Securities, fair value 515,675 565,493 599,062
Investment Securities, Gross Unrealized Gain 26,092 [1] 21,154 [2] 38,440 [3]
Investment Securities, Gross Unrealized Loss (843) [1] (1,806) [2] (89) [3]
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investments Securities, Debt Maturities, Amortized Cost 490,426 546,145 560,711
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, Fair Value $ 515,675 565,493 599,062
Investment Securities, Debt Maturities, Nominal Yield [Abstract]      
Investment Securities, Debt Maturities, Nominal Yield 3.73%    
Investment Securities, Pledged as Collateral [Abstract]      
Investment Securities, Pledged as Collateral, Amortized Cost $ 251,684 322,208 287,166
Investment Securities, Pledged as Collateral, Fair Value $ 255,097 $ 323,808 $ 293,625
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]      
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 105 193 20
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 123,272 $ 236,070 $ 11,915
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 3,000 5,188 5,236
Investment Securities, Continuous Unrealized Loss Position, Fair Value 126,272 241,258 17,151
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 764 1,709 20
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 79 97 69
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 843 1,806 89
Fixed Maturity Securities [Member]      
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investment Securities, Debt Maturities, Less than One Year, Net Carrying Value 104,701    
Investment Securities, Debt Maturities, One to Five Years, Net Carrying Value 168,198    
Investment Securities, Debt Maturities, Six to Ten Years, Net Carrying Value 141,018    
Investment Securities, Debt Maturities, Over Ten Years, Net Carrying Value 58,474    
Investment Securities, Debt Maturities, Single Maturity Date, Net Carrying Value 472,391    
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Fair Value 104,918    
Investment Securities, Debt Maturities, One to Five Years, Fair Value 171,887    
Investment Securities, Debt Maturities, Six to Ten Years, Fair Value 159,635    
Investment Securities, Debt Maturities, Over Ten Years, Fair Value 60,593    
Investment Securities, Debt Maturities, Single Maturity Date, Fair Value $ 497,033    
Investment Securities, Debt Maturities, Nominal Yield [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Nominal Yield 1.95%    
Investment Securities, Debt Maturities, One to Five Years, Nominal Yield 2.89%    
Investment Securities, Debt Maturities, Six to Ten Years, Nominal Yield 5.69%    
Investment Securities, Debt Maturities, Over Ten Years, Nominal Yield 4.90%    
Investment Securities, Debt Maturities, Nominal Yield 3.77%    
Investment Securities, Debt Maturities, Weighted Average Maturity [4] 4.83    
Municipal and other tax-exempt securities      
Schedule of Investment (Held-to-Maturity) Securities [Line Items]      
Investments Securities, Amortized Cost $ 267,375 320,364 334,551
Investment Securities, fair value 270,531 321,225 340,700
Investment Securities, Gross Unrealized Gain 3,384 [1] 2,272 [2] 6,234 [3]
Investment Securities, Gross Unrealized Loss (228) [1] (1,411) [2] (85) [3]
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investment Securities, Debt Maturities, Less than One Year, Net Carrying Value 90,415    
Investment Securities, Debt Maturities, One to Five Years, Net Carrying Value 122,560    
Investment Securities, Debt Maturities, Six to Ten Years, Net Carrying Value 10,739    
Investment Securities, Debt Maturities, Over Ten Years, Net Carrying Value 43,661    
Investment Securities, Debt Maturities, Single Maturity Date, Net Carrying Value 267,375    
Investments Securities, Debt Maturities, Amortized Cost 267,375 320,364 334,551
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Fair Value 90,436    
Investment Securities, Debt Maturities, One to Five Years, Fair Value 122,914    
Investment Securities, Debt Maturities, Six to Ten Years, Fair Value 11,220    
Investment Securities, Debt Maturities, Over Ten Years, Fair Value 45,961    
Investment Securities, Debt Maturities, Single Maturity Date, Fair Value 270,531    
Investment Securities, Debt Maturities, Fair Value $ 270,531 $ 321,225 $ 340,700
Investment Securities, Debt Maturities, Nominal Yield [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Nominal Yield [5] 1.66%    
Investment Securities, Debt Maturities, One to Five Years, Nominal Yield [5] 2.12%    
Investment Securities, Debt Maturities, Six to Ten Years, Nominal Yield [5] 4.88%    
Investment Securities, Debt Maturities, Over Ten Years, Nominal Yield [5] 5.05%    
Investment Securities, Debt Maturities, Nominal Yield [5] 2.55%    
Investment Securities, Debt Maturities, Weighted Average Maturity [4] 3.48    
Investment Securities,Debt Maturities, Effective tax rate for nominal yield calculation 39.00%    
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]      
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 82 151 19
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 111,078 $ 219,892 $ 11,915
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 3,000 4,333 4,378
Investment Securities, Continuous Unrealized Loss Position, Fair Value 114,078 224,225 16,293
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 149 1,316 20
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 79 95 65
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 228 1,411 85
Other debt securities      
Schedule of Investment (Held-to-Maturity) Securities [Line Items]      
Investments Securities, Amortized Cost 205,016 205,004 202,410
Investment Securities, fair value 226,502 222,795 233,129
Investment Securities, Gross Unrealized Gain 22,040 [1] 18,115 [2] 30,723 [3]
Investment Securities, Gross Unrealized Loss (554) [1] (324) [2] (4) [3]
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investment Securities, Debt Maturities, Less than One Year, Net Carrying Value 14,286    
Investment Securities, Debt Maturities, One to Five Years, Net Carrying Value 45,638    
Investment Securities, Debt Maturities, Six to Ten Years, Net Carrying Value 130,279    
Investment Securities, Debt Maturities, Over Ten Years, Net Carrying Value 14,813    
Investment Securities, Debt Maturities, Single Maturity Date, Net Carrying Value 205,016    
Investments Securities, Debt Maturities, Amortized Cost 205,016 205,004 202,410
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Fair Value 14,482    
Investment Securities, Debt Maturities, One to Five Years, Fair Value 48,973    
Investment Securities, Debt Maturities, Six to Ten Years, Fair Value 148,415    
Investment Securities, Debt Maturities, Over Ten Years, Fair Value 14,632    
Investment Securities, Debt Maturities, Single Maturity Date, Fair Value 226,502    
Investment Securities, Debt Maturities, Fair Value $ 226,502 $ 222,795 $ 233,129
Investment Securities, Debt Maturities, Nominal Yield [Abstract]      
Investment Securities, Debt Maturities, Less Than One Year, Nominal Yield 3.84%    
Investment Securities, Debt Maturities, One to Five Years, Nominal Yield 4.95%    
Investment Securities, Debt Maturities, Six to Ten Years, Nominal Yield 5.75%    
Investment Securities, Debt Maturities, Over Ten Years, Nominal Yield 4.46%    
Investment Securities, Debt Maturities, Nominal Yield 5.35%    
Investment Securities, Debt Maturities, Weighted Average Maturity [4] 6.59    
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]      
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 22 41 1
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 8,384 $ 11,820 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 855 858
Investment Securities, Continuous Unrealized Loss Position, Fair Value 8,384 12,675 858
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 554 322 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 2 4
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss 554 324 4
U.S. government agency residential mortgage-backed securities      
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investment Securities, Debt Maturities, without Single Maturity Date, Net Carrying Value 18,035    
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, without Single Maturity Date, Fair Value $ 18,642    
Investment Securities, Debt Maturities, Nominal Yield [Abstract]      
Investment Securities, Debt Maturities, Nominal Yield [6] 2.76%    
Investment Securities, Debt Maturities, Average Expected Life of Mortgage-backed Securities 4 years 255 days    
U.S. government agency residential mortgage-backed securities | Other      
Schedule of Investment (Held-to-Maturity) Securities [Line Items]      
Investments Securities, Amortized Cost $ 18,035 20,777 23,750
Investment Securities, fair value 18,642 21,473 25,233
Investment Securities, Gross Unrealized Gain 668 [1] 767 [2] 1,483 [3]
Investment Securities, Gross Unrealized Loss (61) [1] (71) [2] 0 [3]
Investment Securities, Debt Maturities, Net Carrying Value [Abstract]      
Investments Securities, Debt Maturities, Amortized Cost 18,035 20,777 23,750
Investment Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]      
Investment Securities, Debt Maturities, Fair Value $ 18,642 $ 21,473 $ 25,233
Investment Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]      
Investment Securities, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 1 1 0
Investment Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 3,810 $ 4,358 $ 0
Investment Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 0 0
Investment Securities, Continuous Unrealized Loss Position, Fair Value 3,810 4,358 0
Investment Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]      
Investment Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 61 71 0
Investment Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0 0
Investment Securities, Continuous Unrealized Loss Position, Accumulated Loss $ 61 $ 71 $ 0
[1] Gross unrealized gains and losses are not recognized in Accumulated Other Comprehensive Income "AOCI" in the Consolidated Balance Sheets.
[2] Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
[3] Gross unrealized gains and losses are not recognized in AOCI in the Consolidated Balance Sheets.
[4] Expected maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without penalty.
[5] Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
[6] The nominal yield on residential mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary - Unaudited for current yields on the investment securities portfolio.
v3.7.0.1
Available for Sale Securities (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost $ 8,325,000 $ 8,635,304 $ 8,325,000 $ 8,635,304 $ 8,691,728
Available-for-sale Securities, Fair Value 8,341,041 8,830,689 8,341,041 8,830,689 8,676,829
Available-for-sale Securities, Gross Unrealized Gain 65,740 [1] 198,378 [2] 65,740 [1] 198,378 [2] 60,165 [3]
Available-for-sale Securities, Gross Unrealized Loss (49,699) [1] (2,217) [2] (49,699) [1] (2,217) [2] (74,846) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] (776) [5] 0 [4] (776) [5] (218) [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 8,325,000 8,635,304 8,325,000 8,635,304 8,691,728
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 8,341,041 8,830,689 $ 8,341,041 8,830,689 8,676,829
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Nominal Yield 1.90%   1.90%    
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures [Abstract]          
Available-for-sale Securities, Proceeds $ 460,402 325,758 $ 700,412 795,140  
Available-for-sale Securities, Gross realized gains 2,763 5,326 4,855 9,290  
Available-for-sale Securities, Gross realized losses (2,383) 0 (2,426) 0  
Available-for-sale Securities, Related federal and state income tax expense 148 2,072 945 3,614  
Available-for-sale Securities, Pledged as Collateral [Abstract]          
Available-for-sale Securities, Pledged As Collateral, Amortized cost 6,327,666 7,502,361 6,327,666 7,502,361 7,353,116
Available-for-sale Securities, Pledged As Collateral, Fair value $ 6,317,623 $ 7,657,916 $ 6,317,623 $ 7,657,916 $ 7,327,470
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 367 90 367 90 488
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 3,818,331 $ 567,460 $ 3,818,331 $ 567,460 $ 5,231,605
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 268,886 135,093 268,886 135,093 178,249
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 4,087,217 702,553 4,087,217 702,553 5,409,854
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 44,025 1,193 44,025 1,193 70,818
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 5,674 1,800 5,674 1,800 4,246
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 49,699 2,993 49,699 2,993 75,064
Fixed Maturity Securities [Member]          
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Amortized Cost Basis 68,244   68,244    
Available-for-sale Securities, Debt Maturities, One to Five Years, Amortized Cost Basis 886,839   886,839    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Amortized Cost Basis 1,572,763   1,572,763    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Amortized Cost Basis 298,982   298,982    
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis 2,826,828   2,826,828    
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Fair Value 68,166   68,166    
Available-for-sale Securities, Debt Maturities, One to Five Years, Fair Value 885,783   885,783    
Available-for-sale Securities, Debt Maturities, Six to Ten Years, Fair Value 1,569,813   1,569,813    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Fair Value 296,223   296,223    
Available-for-sale Securities, Debt Maturities, Single Maturity Date $ 2,819,985   $ 2,819,985    
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Nominal Yield 1.60%   1.60%    
Available-for-sale Securities, Debt Maturities, One to Five Years, Nominal Yield 1.85%   1.85%    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Nominal Yield 1.85%   1.85%    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Nominal Yield 1.90%   1.90%    
Available-for-sale Securities, Debt Maturities, Nominal Yield 1.83%   1.83%    
Available-for-sale Securities, Debt Maturities, Weighted Average Maturity [7] 7.03   7.03    
U.S. Treasury          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost $ 1,000 1,000 $ 1,000 1,000 1,000
Available-for-sale Securities, Fair Value 998 1,004 998 1,004 999
Available-for-sale Securities, Gross Unrealized Gain 0 [1] 4 [2] 0 [1] 4 [2] 0 [3]
Available-for-sale Securities, Gross Unrealized Loss (2) [1] 0 [2] (2) [1] 0 [2] (1) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Amortized Cost Basis 1,000   1,000    
Available-for-sale Securities, Debt Maturities, One to Five Years, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis 1,000   1,000    
Available-for-sale Securities, Debt Maturities, Amortized Cost 1,000 1,000 1,000 1,000 1,000
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Fair Value 998   998    
Available-for-sale Securities, Debt Maturities, One to Five Years, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, Six to Ten Years, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, Single Maturity Date 998   998    
Available-for-sale Securities, Debt Maturities, Fair Value $ 998 $ 1,004 $ 998 $ 1,004 $ 999
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Nominal Yield 0.87%   0.87%    
Available-for-sale Securities, Debt Maturities, One to Five Years, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, Nominal Yield 0.87%   0.87%    
Available-for-sale Securities, Debt Maturities, Weighted Average Maturity [7] 0.55   0.55    
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 1 0 1 0 1
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 997 $ 0 $ 997 $ 0 $ 999
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 997 0 997 0 999
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 2 0 2 0 1
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 2 0 2 0 1
Municipal and other tax-exempt securities          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 32,885 50,170 32,885 50,170 41,050
Available-for-sale Securities, Fair Value 32,765 50,262 32,765 50,262 40,993
Available-for-sale Securities, Gross Unrealized Gain 293 [1] 805 [2] 293 [1] 805 [2] 343 [3]
Available-for-sale Securities, Gross Unrealized Loss (413) [1] (713) [2] (413) [1] (713) [2] (400) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Amortized Cost Basis 8,981   8,981    
Available-for-sale Securities, Debt Maturities, One to Five Years, Amortized Cost Basis 6,380   6,380    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Amortized Cost Basis 1,028   1,028    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Amortized Cost Basis 16,496   16,496    
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis 32,885   32,885    
Available-for-sale Securities, Debt Maturities, Amortized Cost 32,885 50,170 32,885 50,170 41,050
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Fair Value 9,021   9,021    
Available-for-sale Securities, Debt Maturities, One to Five Years, Fair Value 6,497   6,497    
Available-for-sale Securities, Debt Maturities, Six to Ten Years, Fair Value 1,081   1,081    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Fair Value 16,166   16,166    
Available-for-sale Securities, Debt Maturities, Single Maturity Date 32,765   32,765    
Available-for-sale Securities, Debt Maturities, Fair Value $ 32,765 $ 50,262 $ 32,765 $ 50,262 $ 40,993
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Nominal Yield [8] 4.24%   4.24%    
Available-for-sale Securities, Debt Maturities, One to Five Years, Nominal Yield [8] 3.91%   3.91%    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Nominal Yield [8] 6.72%   6.72%    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Nominal Yield [8],[9] 2.28%   2.28%    
Available-for-sale Securities, Debt Maturities, Nominal Yield [8] 3.27%   3.27%    
Available-for-sale Securities, Debt Maturities, Weighted Average Maturity [7] 8.87   8.87    
Available-for-sale Securities, Debt Maturities, Effective tax rate for nominal yield calculation 39.00%   39.00%    
Available-for-sale Securities, Debt Maturities, Number of days for interest rates to reset 35 days        
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 13 17 13 17 24
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 1,957 $ 375 $ 1,957 $ 375 $ 15,666
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 4,655 10,289 4,655 10,289 4,689
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 6,612 10,664 6,612 10,664 20,355
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 1 0 1 0 22
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 412 713 412 713 378
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 413 713 413 713 400
Commercial mortgage-backed securities guaranteed by U.S. government agencies          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 2,788,543 2,854,306 2,788,543 2,854,306 3,035,750
Available-for-sale Securities, Fair Value 2,782,070 2,911,946 2,782,070 2,911,946 3,017,933
Available-for-sale Securities, Gross Unrealized Gain 7,804 [1] 57,762 [2] 7,804 [1] 57,762 [2] 5,472 [3]
Available-for-sale Securities, Gross Unrealized Loss (14,277) [1] (122) [2] (14,277) [1] (122) [2] (23,289) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Amortized Cost Basis 58,263   58,263    
Available-for-sale Securities, Debt Maturities, One to Five Years, Amortized Cost Basis 880,459   880,459    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Amortized Cost Basis 1,571,735   1,571,735    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Amortized Cost Basis 278,086   278,086    
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis 2,788,543   2,788,543    
Available-for-sale Securities, Debt Maturities, Amortized Cost 2,788,543 2,854,306 2,788,543 2,854,306 3,035,750
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Fair Value 58,147   58,147    
Available-for-sale Securities, Debt Maturities, One to Five Years, Fair Value 879,286   879,286    
Available-for-sale Securities, Debt Maturities, Six to Ten Years, Fair Value 1,568,732   1,568,732    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Fair Value 275,905   275,905    
Available-for-sale Securities, Debt Maturities, Single Maturity Date 2,782,070   2,782,070    
Available-for-sale Securities, Debt Maturities, Fair Value $ 2,782,070 $ 2,911,946 $ 2,782,070 $ 2,911,946 $ 3,017,933
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Nominal Yield 1.20%   1.20%    
Available-for-sale Securities, Debt Maturities, One to Five Years, Nominal Yield 1.83%   1.83%    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Nominal Yield 1.84%   1.84%    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Nominal Yield 1.88%   1.88%    
Available-for-sale Securities, Debt Maturities, Nominal Yield 1.82%   1.82%    
Available-for-sale Securities, Debt Maturities, Weighted Average Maturity [7] 6.98   6.98    
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 121 11 121 11 171
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 1,388,406 $ 103,955 $ 1,388,406 $ 103,955 $ 1,904,584
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 78,828 65,857 78,828 65,857 38,875
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 1,467,234 169,812 1,467,234 169,812 1,943,459
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 12,690 37 12,690 37 22,987
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 1,587 85 1,587 85 302
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 14,277 122 14,277 122 23,289
Other debt securities          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 4,400 4,400 4,400 4,400 4,400
Available-for-sale Securities, Fair Value 4,152 4,151 4,152 4,151 4,152
Available-for-sale Securities, Gross Unrealized Gain 0 [1] 0 [2] 0 [1] 0 [2] 0 [3]
Available-for-sale Securities, Gross Unrealized Loss (248) [1] (249) [2] (248) [1] (249) [2] (248) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, One to Five Years, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Amortized Cost Basis 0   0    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Amortized Cost Basis 4,400   4,400    
Available-for-sale Securities, Debt Maturities, Single Maturity Date, Amortized Cost Basis 4,400   4,400    
Available-for-sale Securities, Debt Maturities, Amortized Cost 4,400 4,400 4,400 4,400 4,400
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, One to Five Years, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, Six to Ten Years, Fair Value 0   0    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Fair Value 4,152   4,152    
Available-for-sale Securities, Debt Maturities, Single Maturity Date 4,152   4,152    
Available-for-sale Securities, Debt Maturities, Fair Value $ 4,152 $ 4,151 $ 4,152 $ 4,151 $ 4,152
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Less than One Year, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, One to Five Years, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, Six To Ten Years, Nominal Yield 0.00%   0.00%    
Available-for-sale Securities, Debt Maturities, Over Ten Years, Nominal Yield [9] 1.71%   1.71%    
Available-for-sale Securities, Debt Maturities, Nominal Yield 1.71%   1.71%    
Available-for-sale Securities, Debt Maturities, Weighted Average Maturity [7] 30.16   30.16    
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 2 2 2 2 2
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 0 $ 0 $ 0 $ 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 4,152 4,151 4,152 4,151 4,152
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 4,152 4,151 4,152 4,151 4,152
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 248 249 248 249 248
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 248 249 248 249 248
Residential Mortgage Backed Securities [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 5,468,038 5,692,596 5,468,038 5,692,596 5,576,543
Available-for-sale Securities, Fair Value 5,485,760 5,826,581 5,485,760 5,826,581 5,575,921
Available-for-sale Securities, Gross Unrealized Gain 52,418 [1] 135,880 [2] 52,418 [1] 135,880 [2] 50,377 [3]
Available-for-sale Securities, Gross Unrealized Loss (34,696) [1] (1,119) [2] (34,696) [1] (1,119) [2] (50,781) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] (776) [5] 0 [4] (776) [5] (218) [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis 5,468,038   5,468,038    
Available-for-sale Securities, Debt Maturities, Amortized Cost 5,468,038 5,692,596 5,468,038 5,692,596 5,576,543
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value 5,485,760   5,485,760    
Available-for-sale Securities, Debt Maturities, Fair Value $ 5,485,760 $ 5,826,581 $ 5,485,760 $ 5,826,581 $ 5,575,921
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Nominal Yield [10] 1.94%   1.94%    
Available-for-sale Securities, Debt Maturities, Average Expected Life of Mortgage-backed Securities     3 years 329 days    
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 139 30 139 30 186
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 2,425,303 $ 463,130 $ 2,425,303 $ 463,130 $ 3,308,229
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 180,364 53,907 180,364 53,907 129,716
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 2,605,667 517,037 2,605,667 517,037 3,437,945
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 31,310 1,156 31,310 1,156 47,767
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 3,386 739 3,386 739 3,232
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 34,696 1,895 34,696 1,895 50,999
U.S. government agency residential mortgage-backed securities          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 5,381,382 5,577,287 5,381,382 5,577,287 5,475,351
Available-for-sale Securities, Fair Value 5,382,377 5,700,268 5,382,377 5,700,268 5,460,386
Available-for-sale Securities, Gross Unrealized Gain 35,691 [1] 124,064 [2] 35,691 [1] 124,064 [2] 35,800 [3]
Available-for-sale Securities, Gross Unrealized Loss (34,696) [1] (1,083) [2] (34,696) [1] (1,083) [2] (50,765) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 5,381,382 5,577,287 5,381,382 5,577,287 5,475,351
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 5,382,377 $ 5,700,268 $ 5,382,377 $ 5,700,268 $ 5,460,386
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 139 16 139 16 180
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 2,425,303 $ 447,541 $ 2,425,303 $ 447,541 $ 3,300,298
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 180,364 37,739 180,364 37,739 116,208
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 2,605,667 485,280 2,605,667 485,280 3,416,506
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 31,310 879 31,310 879 47,593
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 3,386 204 3,386 204 3,172
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 34,696 1,083 34,696 1,083 50,765
U.S. government agency residential mortgage-backed securities | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 3,005,920 2,908,698 3,005,920 2,908,698 3,062,525
Available-for-sale Securities, Fair Value 3,008,531 2,988,974 3,008,531 2,988,974 3,055,676
Available-for-sale Securities, Gross Unrealized Gain 24,213 [1] 80,549 [2] 24,213 [1] 80,549 [2] 25,066 [3]
Available-for-sale Securities, Gross Unrealized Loss (21,602) [1] (273) [2] (21,602) [1] (273) [2] (31,915) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 3,005,920 2,908,698 3,005,920 2,908,698 3,062,525
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 3,008,531 $ 2,988,974 $ 3,008,531 $ 2,988,974 $ 3,055,676
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 75 4 75 4 91
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 1,381,687 $ 97,910 $ 1,381,687 $ 97,910 $ 1,787,644
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 87,371 15,401 87,371 15,401 72,105
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 1,469,058 113,311 1,469,058 113,311 1,859,749
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 20,288 267 20,288 267 30,238
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 1,314 6 1,314 6 1,677
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 21,602 273 21,602 273 31,915
U.S. government agency residential mortgage-backed securities | Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 1,412,376 1,746,661 1,412,376 1,746,661 1,534,451
Available-for-sale Securities, Fair Value 1,412,472 1,785,332 1,412,472 1,785,332 1,531,116
Available-for-sale Securities, Gross Unrealized Gain 7,785 [1] 38,869 [2] 7,785 [1] 38,869 [2] 8,475 [3]
Available-for-sale Securities, Gross Unrealized Loss (7,689) [1] (198) [2] (7,689) [1] (198) [2] (11,810) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 1,412,376 1,746,661 1,412,376 1,746,661 1,534,451
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 1,412,472 $ 1,785,332 $ 1,412,472 $ 1,785,332 $ 1,531,116
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 42 1 42 1 58
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 731,853 $ 0 $ 731,853 $ 0 $ 964,017
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 16,388 22,338 16,388 22,338 18,307
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 748,241 22,338 748,241 22,338 982,324
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 7,213 0 7,213 0 11,210
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 476 198 476 198 600
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 7,689 198 7,689 198 11,810
U.S. government agency residential mortgage-backed securities | Government National Mortgage Association Certificates and Obligations (GNMA) [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 938,086 921,928 938,086 921,928 878,375
Available-for-sale Securities, Fair Value 936,365 925,962 936,365 925,962 873,594
Available-for-sale Securities, Gross Unrealized Gain 3,641 [1] 4,646 [2] 3,641 [1] 4,646 [2] 2,259 [3]
Available-for-sale Securities, Gross Unrealized Loss (5,362) [1] (612) [2] (5,362) [1] (612) [2] (7,040) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 938,086 921,928 938,086 921,928 878,375
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 936,365 $ 925,962 $ 936,365 $ 925,962 $ 873,594
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 21 11 21 11 31
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 291,806 $ 349,631 $ 291,806 $ 349,631 $ 548,637
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 76,605 0 76,605 0 25,796
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 368,411 349,631 368,411 349,631 574,433
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 3,766 612 3,766 612 6,145
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 1,596 0 1,596 0 895
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 5,362 612 5,362 612 7,040
U.S. government agency residential mortgage-backed securities | Other          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 25,000   25,000    
Available-for-sale Securities, Fair Value 25,009   25,009    
Available-for-sale Securities, Gross Unrealized Gain [1] 52   52    
Available-for-sale Securities, Gross Unrealized Loss [1] (43)   (43)    
Available-for-Sale Securities, Other Than Temporary Impairments 0   0    
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 25,000   25,000    
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 25,009   $ 25,009    
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 1   1    
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 19,957   $ 19,957    
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0   0    
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 19,957   19,957    
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 43   43    
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0   0    
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 43   43    
Privately issued residential mortgage-backed securities          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 86,656 115,309 86,656 115,309 101,192
Available-for-sale Securities, Fair Value 103,383 126,313 103,383 126,313 115,535
Available-for-sale Securities, Gross Unrealized Gain 16,727 [1] 11,816 [2] 16,727 [1] 11,816 [2] 14,577 [3]
Available-for-sale Securities, Gross Unrealized Loss 0 [1] (36) [2] 0 [1] (36) [2] (16) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] (776) [5] 0 [4] (776) [5] (218) [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 86,656 115,309 86,656 115,309 101,192
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 103,383 $ 126,313 $ 103,383 $ 126,313 $ 115,535
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 0 14 [11] 0 14 [11] 6 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 15,589 [11] $ 0 $ 15,589 [11] $ 7,931 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 16,168 [11] 0 16,168 [11] 13,508 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 0 31,757 [11] 0 31,757 [11] 21,439 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 277 [11] 0 277 [11] 174 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 535 [11] 0 535 [11] 60 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 0 812 [11] 0 812 [11] 234 [12]
Privately issued residential mortgage-backed securities | Alt A loans Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 38,334 49,522 38,334 49,522 44,245
Available-for-sale Securities, Fair Value 46,903 54,536 46,903 54,536 51,512
Available-for-sale Securities, Gross Unrealized Gain 8,569 [1] 5,461 [2] 8,569 [1] 5,461 [2] 7,485 [3]
Available-for-sale Securities, Gross Unrealized Loss 0 [1] 0 [2] 0 [1] 0 [2] 0 [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] (447) [5] 0 [4] (447) [5] (218) [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 38,334 49,522 38,334 49,522 44,245
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 46,903 $ 54,536 $ 46,903 $ 54,536 $ 51,512
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 0 5 [11] 0 5 [11] 5 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 8,513 [11] $ 0 $ 8,513 [11] $ 7,931 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 8,291 [11] 0 8,291 [11] 7,410 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 0 16,804 [11] 0 16,804 [11] 15,341 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 241 [11] 0 241 [11] 174 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 206 [11] 0 206 [11] 44 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 0 447 [11] 0 447 [11] 218 [12]
Privately issued residential mortgage-backed securities | Jumbo A loans [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 48,322 65,787 48,322 65,787 56,947
Available-for-sale Securities, Fair Value 56,480 71,777 56,480 71,777 64,023
Available-for-sale Securities, Gross Unrealized Gain 8,158 [1] 6,355 [2] 8,158 [1] 6,355 [2] 7,092 [3]
Available-for-sale Securities, Gross Unrealized Loss 0 [1] (36) [2] 0 [1] (36) [2] (16) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] (329) [5] 0 [4] (329) [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 48,322 65,787 48,322 65,787 56,947
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 56,480 $ 71,777 $ 56,480 $ 71,777 $ 64,023
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 0 9 [11] 0 9 [11] 1 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 7,076 [11] $ 0 $ 7,076 [11] $ 0 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 7,877 [11] 0 7,877 [11] 6,098 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 0 14,953 [11] 0 14,953 [11] 6,098 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 36 [11] 0 36 [11] 0 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 329 [11] 0 329 [11] 16 [12]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 0 365 [11] 0 365 [11] 16 [12]
Perpetual Preferred, Equity Securities and Mutual Funds [Member]          
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Amortized Cost Basis 30,134   30,134    
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value $ 35,296   $ 35,296    
Available-for-sale Securities, Debt Maturities, Nominal Yield [Abstract]          
Available-for-sale Securities, Debt Maturities, Nominal Yield 0.00%   0.00%    
Perpetual preferred stock          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost $ 12,562 15,562 $ 12,562 15,562 15,561
Available-for-sale Securities, Fair Value 16,568 17,931 16,568 17,931 18,474
Available-for-sale Securities, Gross Unrealized Gain 4,006 [1] 2,369 [2] 4,006 [1] 2,369 [2] 2,913 [3]
Available-for-sale Securities, Gross Unrealized Loss 0 [1] 0 [2] 0 [1] 0 [2] 0 [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 12,562 15,562 12,562 15,562 15,561
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 16,568 $ 17,931 $ 16,568 $ 17,931 $ 18,474
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 0 $ 0 $ 0 $ 0 $ 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0 0 0 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss 0 0 0 0 0
Equity securities and mutual funds          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost 17,572 17,270 17,572 17,270 17,424
Available-for-sale Securities, Fair Value 18,728 18,814 18,728 18,814 18,357
Available-for-sale Securities, Gross Unrealized Gain 1,219 [1] 1,558 [2] 1,219 [1] 1,558 [2] 1,060 [3]
Available-for-sale Securities, Gross Unrealized Loss (63) [1] (14) [2] (63) [1] (14) [2] (127) [3]
Available-for-Sale Securities, Other Than Temporary Impairments 0 [4] 0 [5] 0 [4] 0 [5] 0 [6]
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Amortized Cost 17,572 17,270 17,572 17,270 17,424
Available-for-sale Securities, Debt Maturities, Fair Value, Rolling Maturity [Abstract]          
Available-for-sale Securities, Debt Maturities, Fair Value $ 18,728 $ 18,814 $ 18,728 $ 18,814 $ 18,357
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]          
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions 91 30 91 30 104
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value $ 1,668 $ 0 $ 1,668 $ 0 $ 2,127
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 887 889 887 889 817
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value 2,555 889 2,555 889 2,944
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Losses [Abstract]          
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 22 0 22 0 41
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 41 14 41 14 86
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss $ 63 $ 14 $ 63 $ 14 $ 127
[1] Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
[2] Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
[3] Gross unrealized gain/loss recognized in AOCI in the consolidated balance sheet.
[4] Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.
[5] Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.
[6] Amounts represent unrealized loss that remains in AOCI after an other-than-temporary credit loss has been recognized in income.
[7] Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalty.
[8] Calculated on a taxable equivalent basis using a 39 percent effective tax rate.
[9] Nominal yield on municipal and other tax-exempt securities and other debt securities with contractual maturity dates over ten years are based on variable rates which generally are reset within 35 days.
[10] The nominal yield on mortgage-backed securities is based upon prepayment assumptions at the purchase date. Actual yields earned may differ significantly based upon actual prepayments. See Quarterly Financial Summary –– Unaudited following for current yields on available for sale securities portfolio.
[11] Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.
[12] Includes securities for which an unrealized loss remains in AOCI after an other-than-temporary credit loss has been recognized in income.
v3.7.0.1
Securities Fair Value Option Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Schedule of Fair Value Option Securities [Line Items]      
Fair Value Option Securities, Fair Value $ 445,169 $ 77,046 $ 263,265
Fair Value Option Securities, Net Unrealized Gain or Loss 1,247 (1,777) 4,433
U.S. Treasury      
Schedule of Fair Value Option Securities [Line Items]      
Fair Value Option Securities, Fair Value 0 0 25,306
Fair Value Option Securities, Net Unrealized Gain or Loss 0 0 (43)
U.S. government agency residential mortgage-backed securities      
Schedule of Fair Value Option Securities [Line Items]      
Fair Value Option Securities, Fair Value 445,169 77,046 237,959
Fair Value Option Securities, Net Unrealized Gain or Loss $ 1,247 $ (1,777) $ 4,476
v3.7.0.1
Securities Restricted Equity Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Restricted Equity Securities [Abstract]      
Federal Reserve stock $ 36,676 $ 36,498 $ 36,283
Federal Home Loan Bank stock 274,113 270,541 283,155
Other 244 201 201
Total $ 311,033 $ 307,240 $ 319,639
v3.7.0.1
Derivatives, Fair Value of Derivatives Contracts (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Derivative Assets, Fair Value, Net [Abstract]      
Derviative contracts, net of cash collateral, Assets, Fair value $ 280,289 $ 689,872 $ 883,673
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Fair Value, Net of Cash Collateral 285,819 664,531 719,159
Not Designated as Hedging Instrument [Member]      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 29,511,796 [1] 22,437,314 [2] 23,037,973 [3]
Derivative Liabilities, Notional 27,125,429 [1] 22,178,359 [2] 21,565,820 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 355,296 789,791 993,485
Derivative Assets, Netting Adjustments (50,607) (89,368) (102,988)
Derivative Assets, Net Fair Value Before Cash Collateral 304,689 700,423 890,497
Derivative Assets, Cash Collateral (24,400) (10,551) (6,824)
Derviative contracts, net of cash collateral, Assets, Fair value 280,289 689,872 883,673
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 357,521 801,809 974,975
Derivative Liabilities, Netting Adjustments (50,607) (89,368) (102,988)
Derivative Liabilities, Net Fair Value Before Cash Collateral 306,914 712,441 871,987
Derivative Liabilities, Cash Collateral (21,095) (47,910) (152,828)
Derivative Liabilities, Fair Value, Net of Cash Collateral 285,819 664,531 719,159
Not Designated as Hedging Instrument [Member] | To-be-announced residential mortgage-backed securities      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 16,174,687 [1] 16,949,152 [2] 18,774,134 [3]
Derivative Liabilities, Notional 16,174,687 [1] 16,637,532 [2] 18,662,334 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 57,948 180,695 183,118
Derivative Assets, Netting Adjustments (29,034) (60,555) (67,383)
Derivative Assets, Net Fair Value Before Cash Collateral 28,914 120,140 115,735
Derivative Assets, Cash Collateral 0 0 0
Derviative contracts, net of cash collateral, Assets, Fair value 28,914 120,140 115,735
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 53,829 176,928 179,443
Derivative Liabilities, Netting Adjustments (29,034) (60,555) (67,383)
Derivative Liabilities, Net Fair Value Before Cash Collateral 24,795 116,373 112,060
Derivative Liabilities, Cash Collateral 0 0 (103,724)
Derivative Liabilities, Fair Value, Net of Cash Collateral 24,795 116,373 8,336
Not Designated as Hedging Instrument [Member] | Interest rate swaps      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 1,450,193 [1] 1,403,408 [2] 1,299,985 [3]
Derivative Liabilities, Notional 1,450,193 [1] 1,403,408 [2] 1,299,985 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 29,932 34,442 54,978
Derivative Assets, Netting Adjustments 0 0 0
Derivative Assets, Net Fair Value Before Cash Collateral 29,932 34,442 54,978
Derivative Assets, Cash Collateral (2,206) (4,567) (1,100)
Derviative contracts, net of cash collateral, Assets, Fair value 27,726 29,875 53,878
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 29,982 34,442 55,404
Derivative Liabilities, Netting Adjustments 0 0 0
Derivative Liabilities, Net Fair Value Before Cash Collateral 29,982 34,442 55,404
Derivative Liabilities, Cash Collateral (15,396) (11,977) (32,597)
Derivative Liabilities, Fair Value, Net of Cash Collateral 14,586 22,465 22,807
Not Designated as Hedging Instrument [Member] | Energy contracts      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 891,480 [1] 835,566 [2] 757,669 [3]
Derivative Liabilities, Notional 874,625 [1] 820,365 [2] 734,538 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 56,824 64,140 59,103
Derivative Assets, Netting Adjustments (20,546) (28,298) (33,996)
Derivative Assets, Net Fair Value Before Cash Collateral 36,278 35,842 25,107
Derivative Assets, Cash Collateral (21,267) (71) (155)
Derviative contracts, net of cash collateral, Assets, Fair value 15,011 35,771 24,952
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 53,895 64,306 58,033
Derivative Liabilities, Netting Adjustments (20,546) (28,298) (33,996)
Derivative Liabilities, Net Fair Value Before Cash Collateral 33,349 36,008 24,037
Derivative Liabilities, Cash Collateral 0 (31,534) (11,784)
Derivative Liabilities, Fair Value, Net of Cash Collateral 33,349 4,474 12,253
Not Designated as Hedging Instrument [Member] | Agricultural contracts      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 45,250 [1] 53,209 [2] 50,848 [3]
Derivative Liabilities, Notional 45,262 [1] 53,216 [2] 50,843 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 3,541 1,382 2,488
Derivative Assets, Netting Adjustments (1,027) (515) (1,609)
Derivative Assets, Net Fair Value Before Cash Collateral 2,514 867 879
Derivative Assets, Cash Collateral 0 0 (37)
Derviative contracts, net of cash collateral, Assets, Fair value 2,514 867 842
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 3,538 1,365 2,476
Derivative Liabilities, Netting Adjustments (1,027) (515) (1,609)
Derivative Liabilities, Net Fair Value Before Cash Collateral 2,511 850 867
Derivative Liabilities, Cash Collateral (2,511) (769) 0
Derivative Liabilities, Fair Value, Net of Cash Collateral 0 81 867
Not Designated as Hedging Instrument [Member] | Foreign exchange contracts      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 169,529 [1] 580,886 [2] 701,436 [3]
Derivative Liabilities, Notional 169,553 [1] 580,712 [2] 701,219 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 162,429 494,349 675,804
Derivative Assets, Netting Adjustments 0 0 0
Derivative Assets, Net Fair Value Before Cash Collateral 162,429 494,349 675,804
Derivative Assets, Cash Collateral (7) (5,183) (5,054)
Derviative contracts, net of cash collateral, Assets, Fair value 162,422 489,166 670,750
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 162,276 494,695 675,383
Derivative Liabilities, Netting Adjustments 0 0 0
Derivative Liabilities, Net Fair Value Before Cash Collateral 162,276 494,695 675,383
Derivative Liabilities, Cash Collateral (3,188) (3,630) (4,723)
Derivative Liabilities, Fair Value, Net of Cash Collateral 159,088 491,065 670,660
Not Designated as Hedging Instrument [Member] | Equity option contracts      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 100,159 [1] 100,924 [2] 116,901 [3]
Derivative Liabilities, Notional 100,159 [1] 100,924 [2] 116,901 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 4,437 4,357 4,236
Derivative Assets, Netting Adjustments 0 0 0
Derivative Assets, Net Fair Value Before Cash Collateral 4,437 4,357 4,236
Derivative Assets, Cash Collateral (920) (730) (478)
Derviative contracts, net of cash collateral, Assets, Fair value 3,517 3,627 3,758
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 4,437 4,357 4,236
Derivative Liabilities, Netting Adjustments 0 0 0
Derivative Liabilities, Net Fair Value Before Cash Collateral 4,437 4,357 4,236
Derivative Liabilities, Cash Collateral 0 0 0
Derivative Liabilities, Fair Value, Net of Cash Collateral 4,437 4,357 4,236
Not Designated as Hedging Instrument [Member] | Total customer risk management programs      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 18,831,298 [1] 19,923,145 [2] 21,700,973 [3]
Derivative Liabilities, Notional 18,814,479 [1] 19,596,157 [2] 21,565,820 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 315,111 779,365 979,727
Derivative Assets, Netting Adjustments (50,607) (89,368) (102,988)
Derivative Assets, Net Fair Value Before Cash Collateral 264,504 689,997 876,739
Derivative Assets, Cash Collateral (24,400) (10,551) (6,824)
Derviative contracts, net of cash collateral, Assets, Fair value 240,104 679,446 869,915
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 307,957 776,093 974,975
Derivative Liabilities, Netting Adjustments (50,607) (89,368) (102,988)
Derivative Liabilities, Net Fair Value Before Cash Collateral 257,350 686,725 871,987
Derivative Liabilities, Cash Collateral (21,095) (47,910) (152,828)
Derivative Liabilities, Fair Value, Net of Cash Collateral 236,255 638,815 719,159
Not Designated as Hedging Instrument [Member] | Internal risk management programs      
Notional Amount of Derivatives [Abstract]      
Derivative Assets, Notional 10,680,498 [1] 2,514,169 [2] 1,337,000 [3]
Derivative Liabilities, Notional 8,310,950 [1] 2,582,202 [2] 0 [3]
Derivative Assets, Fair Value, Net [Abstract]      
Derivative Assets, Gross Fair Value 40,185 10,426 13,758
Derivative Assets, Netting Adjustments 0 0 0
Derivative Assets, Net Fair Value Before Cash Collateral 40,185 10,426 13,758
Derivative Assets, Cash Collateral 0 0 0
Derviative contracts, net of cash collateral, Assets, Fair value 40,185 10,426 13,758
Derivative Liabilities, Fair Value, Net [Abstract]      
Derivative Liabilities, Gross Fair Value 49,564 25,716 0
Derivative Liabilities, Netting Adjustments 0 0 0
Derivative Liabilities, Net Fair Value Before Cash Collateral 49,564 25,716 0
Derivative Liabilities, Cash Collateral 0 0 0
Derivative Liabilities, Fair Value, Net of Cash Collateral $ 49,564 $ 25,716 $ 0
[1] Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
[2] Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
[3] Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
v3.7.0.1
Derivatives, Derivatives Instruments Gain (Loss) in Income Statement (Details) - Not Designated as Hedging Instrument [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue $ 18,122 $ 13,491 $ 29,293 $ 22,359
Gain (Loss) on Derivatives, Net 3,241 10,766 2,791 17,904
To-be-announced residential mortgage-backed securities        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 9,205 9,862 17,232 17,302
Gain (Loss) on Derivatives, Net 0 0 0 0
Interest rate swaps        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 665 723 1,124 1,048
Gain (Loss) on Derivatives, Net 0 0 0 0
Energy contracts        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 1,666 2,749 4,539 3,445
Gain (Loss) on Derivatives, Net 0 0 0 0
Agricultural contracts        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 11 32 20 61
Gain (Loss) on Derivatives, Net 0 0 0 0
Foreign exchange contracts        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 90 134 360 512
Gain (Loss) on Derivatives, Net 0 0 0 0
Equity option contracts        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 0 0 0 0
Gain (Loss) on Derivatives, Net 0 0 0 0
Total customer risk management programs        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 11,637 13,500 23,275 22,368
Gain (Loss) on Derivatives, Net 0 0 0 0
Internal risk management programs        
Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract]        
Brokergage and Trading Revenue 6,485 (9) 6,018 (9)
Gain (Loss) on Derivatives, Net $ 3,241 $ 10,766 $ 2,791 $ 17,904
v3.7.0.1
Loans and Allowance for Credit Losses, Loans by Portfolio Type (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Loan receivables disclosure [Abstract]      
Loans, fixed rate of interest $ 4,540,923 $ 4,753,600 $ 4,302,800
Loans, variable rate of interest 12,397,283 12,005,076 11,856,765
Loans, non-accrual 245,439 230,984 247,184
Total 17,183,645 16,989,660 16,406,749
Accruing loans past due (90 days) [1] 1,414 5 2,899
Credit Commitments [Abstract]      
Outstanding commitments to extend credit 9,600,000    
Outstanding standby letters of credit 615,000    
Outstanding commercial letters of credit 3,200    
Texas [Member] | Geographic Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 5,700,000    
Loans receivable, other information [Abstract]      
Percentage of loan portfolio attributed to Texas (in hundredths) 33.00%    
Oklahoma [Member] | Geographic Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 3,400,000    
Loans receivable, other information [Abstract]      
Percentage of loan portfolio attributed to Oklahoma (in hundredths) 20.00%    
Commercial      
Loan receivables disclosure [Abstract]      
Loans, fixed rate of interest $ 2,198,066 2,327,085 1,994,415
Loans, variable rate of interest 8,242,732 7,884,786 8,180,033
Loans, non-accrual 197,157 178,953 181,989
Total 10,637,955 10,390,824 10,356,437
Commercial | Texas [Member] | Geographic Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 3,600,000    
Loans receivable, other information [Abstract]      
Percentage of loan portfolio attributed to Texas (in hundredths) 33.00%    
Commercial | Oklahoma [Member] | Geographic Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,100,000    
Loans receivable, other information [Abstract]      
Percentage of loan portfolio attributed to Oklahoma (in hundredths) 19.00%    
Commercial | Energy [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,847,240 2,497,868 2,818,656
Commercial | Energy [Member] | Credit Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,800,000    
Loans receivable, other information [Abstract]      
Percentage of loan class to total loans 17.00%    
Commercial | Energy Producers [Member] | Credit Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,400,000    
Loans receivable, other information [Abstract]      
Percentage of committed energy production loans secured by oil 58.00%    
Percentage of committed energy production loans secured by natural gas 42.00%    
Commercial | Services [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,958,827 3,108,990 2,830,864
Commercial | Services [Member] | Credit Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 3,000,000    
Loans receivable, other information [Abstract]      
Percentage of loan class to total loans 17.00%    
Amount of loans with individual balances less than $10 million $ 1,500,000    
Maximum loan amount for certain individual loans in category 10,000    
Commercial | Healthcare [Member]      
Loan receivables disclosure [Abstract]      
Total 2,221,518 2,201,916 2,051,146
Commercial | Healthcare [Member] | Credit Concentration Risk [Member]      
Loan receivables disclosure [Abstract]      
Total $ 2,200,000    
Loans receivable, other information [Abstract]      
Percentage of loan class to total loans 13.00%    
Commercial real estate      
Loan receivables disclosure [Abstract]      
Loans, fixed rate of interest $ 594,542 624,187 612,822
Loans, variable rate of interest 3,090,275 3,179,338 2,961,364
Loans, non-accrual 3,775 5,521 7,780
Total $ 3,688,592 3,809,046 3,581,966
Commercial real estate | Texas [Member] | Geographic Concentration Risk [Member]      
Loans receivable, other information [Abstract]      
Percentage of loan portfolio secured by property in Texas (in hundredths) 32.00%    
Commercial real estate | Oklahoma [Member] | Geographic Concentration Risk [Member]      
Loans receivable, other information [Abstract]      
Percentage of loan portfolio secured by property in Oklahoma (in hundredths) 12.00%    
Residential mortgage      
Loan receivables disclosure [Abstract]      
Loans, fixed rate of interest $ 1,597,587 1,647,357 1,586,116
Loans, variable rate of interest 297,376 256,255 237,746
Loans, non-accrual 44,235 46,220 57,061
Total 1,939,198 1,949,832 1,880,923
Residential mortgage | Permanent mortgage [Member]      
Loan receivables disclosure [Abstract]      
Total $ 989,040 1,006,820 969,007
Loans receivable, other information [Abstract]      
Minimum FICO required for jumbo loan approval 720    
Maximum debt-to-income ratio on jumbo loans (in hundredths) 38.00%    
Minimum loan-to-value ratio on jumbo loans (in hundredths) 60.00%    
Maximum loan-to-value ratio on jumbo loans (in hundredths) 100.00%    
Minimum period for fixed rate on variable rate jumbo loans (in years) 3 years    
Maximum period for fixed rate on variable rate jumbo loans (in years) 10 years    
Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]      
Loan receivables disclosure [Abstract]      
Total $ 191,729 199,387 192,732
Loans receivable, other information [Abstract]      
Amount of loans guaranteed by US government and previously sold into GNMA mortgage pools 192,000    
Residential mortgage | Home equity [Member]      
Loan receivables disclosure [Abstract]      
Total $ 758,429 743,625 719,184
Loans receivable, other information [Abstract]      
Percentage of home equity portfolio comprised of first lien loans 65.00%    
Percentage of home equity portfolio comprised of junior lien loans 35.00%    
Percentage of junior lien home equity loans that are amortizing term loans 49.00%    
Percentage of junior lien home equity loans that are revolving lines of credit 51.00%    
Home equity loans, description Home equity loans generally require a minimum FICO score of 700 and a maximum DTI of 40 percent.    
Home equity loans, maximum $ 400    
Home equity loans, revolving period 5 years    
Home equity loans, amortization period following revolving period 15 years    
Home equity loans, discretionary additional revolving period 5 years    
Personal      
Loan receivables disclosure [Abstract]      
Loans, fixed rate of interest $ 150,728 154,971 109,447
Loans, variable rate of interest 766,900 684,697 477,622
Loans, non-accrual 272 290 354
Total $ 917,900 $ 839,958 $ 587,423
[1] Excludes residential mortgage loans guaranteed by agencies of the U.S. government
v3.7.0.1
Loans and Allowances for Credit Losses, Activity in Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Allowance for loan losses [Roll Forward]              
Beginning balance $ 248,710 $ 233,156 $ 246,159 $ 225,524      
Provision for loan losses 3,009 17,562 4,813 47,666      
Loans charged off (2,872) (8,845) (5,025) (32,836)      
Recoveries 1,214 1,386 4,114 2,905      
Ending balance 250,061 243,259 250,061 243,259      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 9,440 6,607 11,244 1,711      
Provision for off-balance sheet credit losses (3,009) 2,438 (4,813) 7,334      
Ending balance 6,431 9,045 6,431 9,045      
Total provision for credit losses 0 20,000 0 55,000      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         $ 16,938,206 $ 16,758,676 $ 16,159,565
Individually measured for impairment, recorded investment         245,439 230,984 247,184
Total         17,183,645 16,989,660 16,406,749
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         212,994 217,116 212,265
Individually measured for impairment, related allowance         9,693 843 4,310
Total 248,710 233,156 246,159 225,524 250,061 246,159 243,259
Commercial              
Allowance for loan losses [Roll Forward]              
Beginning balance 137,616 139,793 140,213 130,334      
Provision for loan losses 1,546 12,478 (1,809) 43,575      
Loans charged off (1,703) (7,355) (2,127) (29,481)      
Recoveries 283 223 1,465 711      
Ending balance 137,742 145,139 137,742 145,139      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 9,288 6,319 11,063 1,506      
Provision for off-balance sheet credit losses (2,987) 2,433 (4,762) 7,246      
Ending balance 6,301 8,752 6,301 8,752      
Total provision for credit losses (1,441) 14,911 (6,571) 50,821      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         10,440,798 10,211,871 10,174,448
Individually measured for impairment, recorded investment         197,157 178,953 181,989
Total         10,637,955 10,390,824 10,356,437
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         128,049 139,416 140,911
Individually measured for impairment, related allowance         9,693 797 4,228
Total 137,616 139,793 140,213 130,334 137,742 140,213 145,139
Commercial real estate              
Allowance for loan losses [Roll Forward]              
Beginning balance 58,343 44,453 50,749 41,391      
Provision for loan losses 105 2,010 6,964 4,987      
Loans charged off (76) 0 (76) 0      
Recoveries 208 282 943 367      
Ending balance 58,580 46,745 58,580 46,745      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 106 228 123 153      
Provision for off-balance sheet credit losses (22) (25) (39) 50      
Ending balance 84 203 84 203      
Total provision for credit losses 83 1,985 6,925 5,037      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         3,684,817 3,803,525 3,574,186
Individually measured for impairment, recorded investment         3,775 5,521 7,780
Total         3,688,592 3,809,046 3,581,966
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         58,580 50,749 46,727
Individually measured for impairment, related allowance         0 0 18
Total 58,343 44,453 50,749 41,391 58,580 50,749 46,745
Residential mortgage              
Allowance for loan losses [Roll Forward]              
Beginning balance 18,177 18,467 18,224 19,509      
Provision for loan losses (47) 368 (86) (363)      
Loans charged off (40) (345) (276) (819)      
Recoveries 169 200 397 363      
Ending balance 18,259 18,690 18,259 18,690      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 40 58 50 30      
Provision for off-balance sheet credit losses (2) 4 (12) 32      
Ending balance 38 62 38 62      
Total provision for credit losses (49) 372 (98) (331)      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         1,894,963 1,903,612 1,823,862
Individually measured for impairment, recorded investment         44,235 46,220 57,061
Total         1,939,198 1,949,832 1,880,923
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         18,259 18,178 18,626
Individually measured for impairment, related allowance         0 46 64
Total 18,177 18,467 18,224 19,509 18,259 18,224 18,690
Personal              
Allowance for loan losses [Roll Forward]              
Beginning balance 7,247 5,022 8,773 4,164      
Provision for loan losses 1,358 1,443 570 2,909      
Loans charged off (1,053) (1,145) (2,546) (2,536)      
Recoveries 554 681 1,309 1,464      
Ending balance 8,106 6,001 8,106 6,001      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 6 2 8 22      
Provision for off-balance sheet credit losses 2 26 0 6      
Ending balance 8 28 8 28      
Total provision for credit losses 1,360 1,469 570 2,915      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         917,628 839,668 587,069
Individually measured for impairment, recorded investment         272 290 354
Total         917,900 839,958 587,423
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         8,106 8,773 6,001
Individually measured for impairment, related allowance         0 0 0
Total 7,247 5,022 8,773 4,164 8,106 8,773 6,001
Specific Allowance [Member]              
Allowance for loan losses [Roll Forward]              
Beginning balance     217,959        
Ending balance 222,687 216,575 222,687 216,575      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         16,938,206 16,758,676 16,159,565
Individually measured for impairment, recorded investment         245,439 230,984 247,184
Total         17,183,645 16,989,660 16,406,749
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         212,994 217,116 212,265
Individually measured for impairment, related allowance         9,693 843 4,310
Total 222,687 216,575 217,959 216,575 222,687 217,959 216,575
Nonspecific Allowance [Member]              
Allowance for loan losses [Roll Forward]              
Beginning balance 27,327 25,421 28,200 30,126      
Provision for loan losses 47 1,263 (826) (3,442)      
Loans charged off 0 0 0 0      
Recoveries 0 0 0 0      
Ending balance 27,374 26,684 27,374 26,684      
Allowance for off-balance sheet credit losses [Roll Forward]              
Beginning balance 0 0 0 0      
Provision for off-balance sheet credit losses 0 0 0 0      
Ending balance 0 0 0 0      
Total provision for credit losses 47 1,263 (826) (3,442)      
Recorded investment [Abstract]              
Collectively measured for impairment, recorded investment         0 0 0
Individually measured for impairment, recorded investment         0 0 0
Total         0 0 0
Related allowance [Abstract]              
Collectively measured for impairment, related allowance         0 0 0
Individually measured for impairment, related allowance         0 0 0
Total $ 27,327 $ 25,421 $ 28,200 $ 30,126 $ 27,374 $ 28,200 $ 26,684
v3.7.0.1
Loans and Allowances for Credit Losses, Credit Quality Indicators (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment $ 15,341,394   $ 15,158,076 $ 14,616,427    
Non-Graded, Recorded Investment 1,842,251   1,831,584 1,790,322    
Total 17,183,645   16,989,660 16,406,749    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 204,117   197,970 197,581    
Non-Graded, Allowance 18,570   19,989 18,994    
Total 250,061 $ 248,710 246,159 243,259 $ 233,156 $ 225,524
Commercial            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 10,612,477   10,360,725 10,331,701    
Non-Graded, Recorded Investment 25,478   30,099 24,736    
Total 10,637,955   10,390,824 10,356,437    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 136,819   139,293 144,217    
Non-Graded, Allowance 923   920 922    
Total 137,742 137,616 140,213 145,139 139,793 130,334
Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Total 2,847,240   2,497,868 2,818,656    
Commercial | Services [Member]            
Recorded Investment [Abstract]            
Total 2,958,827   3,108,990 2,830,864    
Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Total 1,543,695   1,576,818 1,532,957    
Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Total 546,137   514,975 595,403    
Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Total 2,221,518   2,201,916 2,051,146    
Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Total 520,538   490,257 527,411    
Commercial real estate            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 3,688,592   3,809,046 3,581,966    
Non-Graded, Recorded Investment 0   0 0    
Total 3,688,592   3,809,046 3,581,966    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 58,580   50,749 46,745    
Non-Graded, Allowance 0   0 0    
Total 58,580 58,343 50,749 46,745 44,453 41,391
Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Total 141,592   135,533 157,576    
Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Total 722,805   761,888 795,419    
Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Total 862,973   798,888 769,112    
Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Total 952,380   903,272 787,200    
Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Total 693,635   871,749 645,586    
Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Total 315,207   337,716 427,073    
Residential mortgage            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 216,007   243,703 202,520    
Non-Graded, Recorded Investment 1,723,191   1,706,129 1,678,403    
Total 1,939,198   1,949,832 1,880,923    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 2,976   2,893 2,995    
Non-Graded, Allowance 15,283   15,331 15,695    
Total 18,259 18,177 18,224 18,690 18,467 19,509
Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Total 989,040   1,006,820 969,007    
Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Total 191,729   199,387 192,732    
Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Total 758,429   743,625 719,184    
Personal            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 824,318   744,602 500,240    
Non-Graded, Recorded Investment 93,582   95,356 87,183    
Total 917,900   839,958 587,423    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 5,742   5,035 3,624    
Non-Graded, Allowance 2,364   3,738 2,377    
Total 8,106 7,247 8,773 6,001 5,022 4,164
Specific Allowance [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 15,341,394   15,158,076 14,616,427    
Non-Graded, Recorded Investment 1,842,251   1,831,584 1,790,322    
Total 17,183,645   16,989,660 16,406,749    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 204,117   197,970 197,581    
Non-Graded, Allowance 18,570   19,989 18,994    
Total 222,687   217,959 216,575    
Nonspecific Allowance [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Non-Graded, Recorded Investment 0   0 0    
Total 0   0 0    
Related Allowance [Abstract]            
Internally Risk Graded, Allowance 0   0 0    
Non-Graded, Allowance 0   0 0    
Total 27,374 $ 27,327 28,200 26,684 $ 25,421 $ 30,126
Performing [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 1,799,001   1,786,530 1,735,915    
Performing [Member] | Commercial            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 25,374   30,041 24,673    
Performing [Member] | Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial | Services [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 25,374   30,041 24,673    
Performing [Member] | Commercial real estate            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 0   0 0    
Performing [Member] | Residential mortgage            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 1,680,229   1,661,326 1,624,297    
Performing [Member] | Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 750,891   741,679 742,214    
Performing [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 183,000   188,000 173,000    
Performing [Member] | Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 746,661   732,106 709,092    
Performing [Member] | Personal            
Recorded Investment [Abstract]            
Non-Graded, Recorded Investment 93,398   95,163 86,945    
Performing [Member] | Pass [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 14,613,315   14,343,507 13,614,112    
Performing [Member] | Pass [Member] | Commercial            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 9,902,434   9,567,816 9,363,072    
Performing [Member] | Pass [Member] | Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,376,368   1,937,790 2,031,955    
Performing [Member] | Pass [Member] | Commercial | Services [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,921,510   3,052,002 2,805,307    
Performing [Member] | Pass [Member] | Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,507,063   1,535,463 1,478,966    
Performing [Member] | Pass [Member] | Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 513,442   468,314 556,741    
Performing [Member] | Pass [Member] | Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,130,339   2,140,458 2,011,934    
Performing [Member] | Pass [Member] | Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 453,712   433,789 478,169    
Performing [Member] | Pass [Member] | Commercial real estate            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 3,675,014   3,793,471 3,559,544    
Performing [Member] | Pass [Member] | Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 138,790   131,630 152,343    
Performing [Member] | Pass [Member] | Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 720,730   756,418 787,779    
Performing [Member] | Pass [Member] | Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 859,722   798,462 767,296    
Performing [Member] | Pass [Member] | Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 947,950   898,800 781,058    
Performing [Member] | Pass [Member] | Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 693,635   871,673 645,510    
Performing [Member] | Pass [Member] | Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 314,187   336,488 425,558    
Performing [Member] | Pass [Member] | Residential mortgage            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 212,563   238,769 194,962    
Performing [Member] | Pass [Member] | Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 212,563   238,769 194,962    
Performing [Member] | Pass [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Pass [Member] | Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Pass [Member] | Personal            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 823,304   743,451 496,534    
Performing [Member] | Other Loans Especially Mentioned [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 198,575   229,673 308,674    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 192,204   223,742 300,609    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 120,473   119,583 197,531    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Services [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 12,452   10,960 6,253    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 16,224   16,886 24,595    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 6,540   26,532 18,757    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 33,554   44,472 29,420    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,961   5,309 24,053    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 4,629   4,745 6,868    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,774   4,745 5,962    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,855   0 906    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Residential mortgage            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,693   1,186 1,197    
Performing [Member] | Other Loans Especially Mentioned [Member] | Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,693   1,186 1,197    
Performing [Member] | Other Loans Especially Mentioned [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Other Loans Especially Mentioned [Member] | Personal            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 49   0 0    
Performing [Member] | Substandard [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 327,315   398,966 500,864    
Performing [Member] | Substandard [Member] | Commercial            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 320,786   390,272 486,094    
Performing [Member] | Substandard [Member] | Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 226,407   307,996 421,025    
Performing [Member] | Substandard [Member] | Commercial | Services [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 17,111   37,855 9,916    
Performing [Member] | Substandard [Member] | Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 9,788   13,062 26,624    
Performing [Member] | Substandard [Member] | Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 16,499   15,198 19,612    
Performing [Member] | Substandard [Member] | Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 33,120   16,161 8,917    
Performing [Member] | Substandard [Member] | Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 17,861   0 0    
Performing [Member] | Substandard [Member] | Commercial real estate            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 5,174   5,309 7,774    
Performing [Member] | Substandard [Member] | Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 751   470 972    
Performing [Member] | Substandard [Member] | Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   399 413    
Performing [Member] | Substandard [Member] | Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 304    
Performing [Member] | Substandard [Member] | Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 4,420   4,434 6,077    
Performing [Member] | Substandard [Member] | Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Substandard [Member] | Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 3   6 8    
Performing [Member] | Substandard [Member] | Residential mortgage            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 478   2,331 3,406    
Performing [Member] | Substandard [Member] | Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 478   2,331 3,406    
Performing [Member] | Substandard [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Substandard [Member] | Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Performing [Member] | Substandard [Member] | Personal            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 877   1,054 3,590    
Nonaccrual [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 202,189   185,930 192,777    
Non-Graded, Recorded Investment 43,250   45,054 54,407    
Nonaccrual [Member] | Commercial            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 197,053   178,895 181,926    
Non-Graded, Recorded Investment 104   58 63    
Nonaccrual [Member] | Commercial | Energy [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 123,992   132,499 168,145    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial | Services [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 7,754   8,173 9,388    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial | Wholesale/retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 10,620   11,407 2,772    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial | Manufacturing [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 9,656   4,931 293    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial | Healthcare [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 24,505   825 875    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial | Other commercial and industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 20,526   21,060 453    
Non-Graded, Recorded Investment 104   58 63    
Nonaccrual [Member] | Commercial real estate            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 3,775   5,521 7,780    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Residential construction and land development [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 2,051   3,433 4,261    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Retail [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 301   326 1,265    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Office [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 396   426 606    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Multifamily [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 10   38 65    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Industrial [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   76 76    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Commercial real estate | Other commercial real estate [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,017   1,222 1,507    
Non-Graded, Recorded Investment 0   0 0    
Nonaccrual [Member] | Residential mortgage            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,273   1,417 2,955    
Non-Graded, Recorded Investment 42,962   44,803 54,106    
Nonaccrual [Member] | Residential mortgage | Permanent mortgage [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 1,273   1,417 2,955    
Non-Graded, Recorded Investment 22,142   21,438 24,273    
Nonaccrual [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Non-Graded, Recorded Investment 9,100   12,000 20,000    
Nonaccrual [Member] | Residential mortgage | Home equity [Member]            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 0   0 0    
Non-Graded, Recorded Investment 11,768   11,519 10,092    
Nonaccrual [Member] | Personal            
Recorded Investment [Abstract]            
Internally Risk Graded, Recorded Investment 88   97 116    
Non-Graded, Recorded Investment $ 184   $ 193 $ 238    
v3.7.0.1
Loans and Allowance for Credit Losses, Impaired Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance $ 480,181 $ 496,841 $ 480,181 $ 496,841 $ 473,526
Impaired loans, recorded investment, total 428,116 420,175 428,116 420,175 418,525
Impaired loans, recorded investment with no related allowance 355,469 388,031 355,469 388,031 407,363
Impaired loans, recorded investment with related allowance 72,647 32,144 72,647 32,144 11,162
Impaired loans, related allowance 9,693 4,310 9,693 4,310 843
Impaired loans, average recorded investment 419,893 416,291 432,921 355,154  
Impaired loans, interest income recognized 2,328 2,327 4,523 4,426  
Commercial          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 233,643 233,857 233,643 233,857 211,762
Impaired loans, recorded investment, total 197,157 181,989 197,157 181,989 178,953
Impaired loans, recorded investment with no related allowance 124,510 150,108 124,510 150,108 167,837
Impaired loans, recorded investment with related allowance 72,647 31,881 72,647 31,881 11,116
Impaired loans, related allowance 9,693 4,228 9,693 4,228 797
Impaired loans, average recorded investment 176,992 178,322 188,055 112,462  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Energy [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 141,091 202,369 141,091 202,369 146,897
Impaired loans, recorded investment, total 123,992 168,145 123,992 168,145 132,499
Impaired loans, recorded investment with no related allowance 56,988 136,264 56,988 136,264 121,418
Impaired loans, recorded investment with related allowance 67,004 31,881 67,004 31,881 11,081
Impaired loans, related allowance 8,874 4,228 8,874 4,228 762
Impaired loans, average recorded investment 117,209 163,849 128,246 97,923  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Services [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 11,209 12,780 11,209 12,780 11,723
Impaired loans, recorded investment, total 7,754 9,388 7,754 9,388 8,173
Impaired loans, recorded investment with no related allowance 7,754 9,388 7,754 9,388 8,173
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 7,734 9,450 7,964 9,839  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Wholesale/retail [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 17,392 8,697 17,392 8,697 17,669
Impaired loans, recorded investment, total 10,620 2,772 10,620 2,772 11,407
Impaired loans, recorded investment with no related allowance 10,620 2,772 10,620 2,772 11,407
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 10,855 3,229 11,013 2,846  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Manufacturing [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 10,223 650 10,223 650 5,320
Impaired loans, recorded investment, total 9,656 293 9,656 293 4,931
Impaired loans, recorded investment with no related allowance 9,656 293 9,656 293 4,931
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 7,781 303 7,293 312  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Healthcare [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 24,795 1,175 24,795 1,175 1,147
Impaired loans, recorded investment, total 24,505 875 24,505 875 825
Impaired loans, recorded investment with no related allowance 18,883 875 18,883 875 825
Impaired loans, recorded investment with related allowance 5,622 0 5,622 0 0
Impaired loans, related allowance 802 0 802 0 0
Impaired loans, average recorded investment 12,707 949 12,665 973  
Impaired loans, interest income recognized 0 0 0 0  
Commercial | Other commercial and industrial [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 28,933 8,186 28,933 8,186 29,006
Impaired loans, recorded investment, total 20,630 516 20,630 516 21,118
Impaired loans, recorded investment with no related allowance 20,609 516 20,609 516 21,083
Impaired loans, recorded investment with related allowance 21 0 21 0 35
Impaired loans, related allowance 17 0 17 0 35
Impaired loans, average recorded investment 20,706 542 20,874 569  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 6,905 18,519 6,905 18,519 14,427
Impaired loans, recorded investment, total 3,775 7,780 3,775 7,780 5,521
Impaired loans, recorded investment with no related allowance 3,775 7,628 3,775 7,628 5,521
Impaired loans, recorded investment with related allowance 0 152 0 152 0
Impaired loans, related allowance 0 18 0 18 0
Impaired loans, average recorded investment 4,125 8,524 4,648 8,390  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Residential construction and land development [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 3,676 7,177 3,676 7,177 4,951
Impaired loans, recorded investment, total 2,051 4,261 2,051 4,261 3,433
Impaired loans, recorded investment with no related allowance 2,051 4,261 2,051 4,261 3,433
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 2,334 4,525 2,742 4,335  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Retail [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 518 1,914 518 1,914 530
Impaired loans, recorded investment, total 301 1,265 301 1,265 326
Impaired loans, recorded investment with no related allowance 301 1,265 301 1,265 326
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 308 1,283 314 1,292  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Office [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 499 907 499 907 521
Impaired loans, recorded investment, total 396 606 396 606 426
Impaired loans, recorded investment with no related allowance 396 606 396 606 426
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 404 618 411 628  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Multifamily [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 1,000 1,000 1,000 1,000 1,000
Impaired loans, recorded investment, total 10 65 10 65 38
Impaired loans, recorded investment with no related allowance 10 65 10 65 38
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 17 157 24 169  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Industrial [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 0 76 0 76 76
Impaired loans, recorded investment, total 0 76 0 76 76
Impaired loans, recorded investment with no related allowance 0 76 0 76 76
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 38 76 38 76  
Impaired loans, interest income recognized 0 0 0 0  
Commercial real estate | Other commercial real estate [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 1,212 7,445 1,212 7,445 7,349
Impaired loans, recorded investment, total 1,017 1,507 1,017 1,507 1,222
Impaired loans, recorded investment with no related allowance 1,017 1,355 1,017 1,355 1,222
Impaired loans, recorded investment with related allowance 0 152 0 152 0
Impaired loans, related allowance 0 18 0 18 0
Impaired loans, average recorded investment 1,024 1,865 1,119 1,890  
Impaired loans, interest income recognized 0 0 0 0  
Residential mortgage          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 239,326 243,291 239,326 243,291 247,005
Impaired loans, recorded investment, total 226,912 230,052 226,912 230,052 233,761
Impaired loans, recorded investment with no related allowance 226,912 229,941 226,912 229,941 233,715
Impaired loans, recorded investment with related allowance 0 111 0 111 46
Impaired loans, related allowance 0 64 0 64 46
Impaired loans, average recorded investment 238,523 229,103 239,937 233,893  
Impaired loans, interest income recognized 2,328 2,327 4,523 4,426  
Residential mortgage | Permanent mortgage [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 28,603 33,793 28,603 33,793 28,830
Impaired loans, recorded investment, total 23,415 27,228 23,415 27,228 22,855
Impaired loans, recorded investment with no related allowance 23,415 27,117 23,415 27,117 22,809
Impaired loans, recorded investment with related allowance 0 111 0 111 46
Impaired loans, related allowance 0 64 0 64 46
Impaired loans, average recorded investment 23,801 27,362 23,135 28,106  
Impaired loans, interest income recognized 307 304 598 631  
Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 197,659 [1] 198,534 [2] 197,659 [1] 198,534 [2] 205,564 [3]
Impaired loans, recorded investment, total 191,729 [1] 192,732 [2] 191,729 [1] 192,732 [2] 199,387 [3]
Impaired loans, recorded investment with no related allowance 191,729 [1] 192,732 [2] 191,729 [1] 192,732 [2] 199,387 [3]
Impaired loans, recorded investment with related allowance 0 [1] 0 [2] 0 [1] 0 [2] 0 [3]
Impaired loans, related allowance 0 [1] 0 [2] 0 [1] 0 [2] 0 [3]
Impaired loans, average recorded investment 202,946 [1] 191,430 [2] 205,159 [1] 195,563 [2]  
Impaired loans, interest income recognized 2,021 [1] 2,023 [2] 3,925 [1] 3,795 [2]  
Residential mortgage | Home equity [Member]          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 13,064 10,964 13,064 10,964 12,611
Impaired loans, recorded investment, total 11,768 10,092 11,768 10,092 11,519
Impaired loans, recorded investment with no related allowance 11,768 10,092 11,768 10,092 11,519
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 0
Impaired loans, average recorded investment 11,776 10,311 11,643 10,224  
Impaired loans, interest income recognized 0 0 0 0  
Personal          
Impaired loans [Abstract]          
Impaired loans, unpaid principal balance 307 1,174 307 1,174 332
Impaired loans, recorded investment, total 272 354 272 354 290
Impaired loans, recorded investment with no related allowance 272 354 272 354 290
Impaired loans, recorded investment with related allowance 0 0 0 0 0
Impaired loans, related allowance 0 0 0 0 $ 0
Impaired loans, average recorded investment 253 342 281 409  
Impaired loans, interest income recognized $ 0 $ 0 $ 0 $ 0  
[1] All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2017, $9.1 million of these loans were nonaccruing and $183 million were accruing based on the guarantee by U.S. government agencies.
[2] All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At June 30, 2016, $20 million of these loans were nonaccruing and $173 million were accruing based on the guarantee by U.S. government agencies.
[3] All permanent mortgage loans guaranteed by U.S. government agencies are considered impaired as we do not expect full collection of contractual principal and interest. At December 31, 2016, $12 million of these loans were nonaccruing and $188 million were accruing based on the guarantee by U.S. government agencies.
v3.7.0.1
Loans and Allowances for Credit Losses, Troubled Debt Restructurings (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment $ 168,739 $ 129,485 $ 168,739 $ 129,485 $ 147,117
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 70,906 60,646 70,906 60,646 74,738
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 97,833 68,839 97,833 68,839 72,379
Troubled Debt Restructuring, Specific allowance 4,308 64 4,308 64 46
Troubled Debt Restructuring, Charge-offs 10 600 42 744  
Nonaccrual [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 88,115 50,679 88,115 50,679 65,747
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 46,400 32,647 46,400 32,647 47,449
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 41,715 18,032 41,715 18,032 18,298
Troubled Debt Restructuring, Specific allowance 4,308 64 4,308 64 46
Troubled Debt Restructuring, Charge-offs 10 600 42 744  
Nonaccrual [Member] | Commercial          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 60,924 14,732 60,924 14,732 36,879
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 30,007 11,236 30,007 11,236 29,225
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 30,917 3,496 30,917 3,496 7,654
Troubled Debt Restructuring, Specific allowance 4,308 0 4,308 0 0
Troubled Debt Restructuring, Charge-offs 3 500 3 557  
Nonaccrual [Member] | Commercial | Energy [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 22,466 2,246 22,466 2,246 16,893
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 12,692 0 12,692 0 10,867
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 9,774 2,246 9,774 2,246 6,026
Troubled Debt Restructuring, Specific allowance 4,308 0 4,308 0 0
Troubled Debt Restructuring, Charge-offs 0 500 0 500  
Nonaccrual [Member] | Commercial | Services [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 7,208 8,610 7,208 8,610 7,527
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 6,561 7,853 6,561 7,853 6,830
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 647 757 647 757 697
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 3 0 3 0  
Nonaccrual [Member] | Commercial | Wholesale/retail [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 10,524 2,467 10,524 2,467 11,291
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 10,524 2,427 10,524 2,427 11,251
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 40 0 40 40
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial | Manufacturing [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 195 253 195 253 224
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 195 253 195 253 224
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 0 0 0 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial | Healthcare [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 0 640 0 640 607
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 0 640 0 640 0
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 0 0 0 607
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial | Other commercial and industrial [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 20,531 516 20,531 516 337
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 35 63 35 63 53
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 20,496 453 20,496 453 284
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 57  
Nonaccrual [Member] | Commercial real estate          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 1,168 3,810 1,168 3,810 1,707
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 811 2,510 811 2,510 1,114
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 357 1,300 357 1,300 593
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Residential construction and land development [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 381 1,601 381 1,601 690
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 145 1,079 145 1,079 97
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 236 522 236 522 593
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Retail [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 301 1,264 301 1,264 326
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 301 907 301 907 326
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 357 0 357 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Office [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 121 152 121 152 143
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 0 152 0 152 143
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 121 0 121 0 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Multifamily [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 0 0 0 0 0
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 0 0 0 0 0
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 0 0 0 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Industrial [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 0 0 0 0 0
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 0 0 0 0 0
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 0 0 0 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Commercial real estate | Other commercial real estate [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 365 793 365 793 548
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 365 372 365 372 548
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 421 0 421 0
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Residential mortgage          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 25,795 31,839 25,795 31,839 26,924
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 15,354 18,625 15,354 18,625 16,874
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 10,441 13,214 10,441 13,214 10,050
Troubled Debt Restructuring, Specific allowance 0 64 0 64 46
Troubled Debt Restructuring, Charge-offs 0 97 31 178  
Nonaccrual [Member] | Residential mortgage | Permanent mortgage [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 14,284 17,367 14,284 17,367 14,876
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 9,939 12,462 9,939 12,462 10,175
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 4,345 4,905 4,345 4,905 4,701
Troubled Debt Restructuring, Specific allowance 0 64 0 64 46
Troubled Debt Restructuring, Charge-offs 0 37 0 52  
Nonaccrual [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 5,962 9,709 5,962 9,709 6,702
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 1,176 2,024 1,176 2,024 2,241
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 4,786 7,685 4,786 7,685 4,461
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 0 0 0  
Nonaccrual [Member] | Residential mortgage | Home equity [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 5,549 4,763 5,549 4,763 5,346
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 4,239 4,139 4,239 4,139 4,458
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 1,310 624 1,310 624 888
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 0 60 31 126  
Nonaccrual [Member] | Personal          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 228 298 228 298 237
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 228 276 228 276 236
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 0 22 0 22 1
Troubled Debt Restructuring, Specific allowance 0 0 0 0 0
Troubled Debt Restructuring, Charge-offs 7 3 8 9  
Accruing [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]          
Financing Receivable, Modifications [Line Items]          
Troubled Debt Restructuring, Recorded Investment 80,624 78,806 80,624 78,806 81,370
Troubled Debt Restructuring, Performing in Accordance With Modified Terms 24,506 27,999 24,506 27,999 27,289
Troubled Debt Restructuring, Not Performing in Accordance With Modified Terms 56,118 50,807 56,118 50,807 54,081
Troubled Debt Restructuring, Specific allowance 0 0 0 0 $ 0
Troubled Debt Restructuring, Charge-offs $ 0 $ 0 $ 0 $ 0  
v3.7.0.1
Loans and Allowances for Credit Losses, Troubled Debt Restructurings, Modifications (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period $ 33,892 $ 10,172 $ 53,146 $ 18,770
Troubled Debt Restructurings, Recorded Balance With Payment Default 54,442 23,165 54,947 25,911
Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,868 0 33,878 501
Troubled Debt Restructurings, Recorded Balance With Payment Default 30,016 2,246 30,016 2,246
Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 13,010 501
Troubled Debt Restructurings, Recorded Balance With Payment Default 9,774 2,246 9,774 2,246
Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 626 0 626 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,242 0 20,242 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 20,242 0 20,242 0
Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 12,977 10,107 19,217 18,197
Troubled Debt Restructurings, Recorded Balance With Payment Default 24,426 20,919 24,931 23,665
Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 191 1,867 237 2,290
Troubled Debt Restructurings, Recorded Balance With Payment Default 161 788 161 1,806
Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 12,201 7,863 17,778 15,068
Troubled Debt Restructurings, Recorded Balance With Payment Default 23,152 19,899 23,508 21,627
Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 585 377 1,202 839
Troubled Debt Restructurings, Recorded Balance With Payment Default 1,113 232 1,262 232
Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 47 65 51 72
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 11,978 7,238 17,469 14,443
Troubled Debt Restructurings, Recorded Balance With Payment Default 22,234 18,893 22,590 20,621
Accruing [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 11,978 7,238 17,469 14,443
Troubled Debt Restructurings, Recorded Balance With Payment Default 22,234 18,893 22,590 20,621
Accruing [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 11,978 7,238 17,469 14,443
Troubled Debt Restructurings, Recorded Balance With Payment Default 22,234 18,893 22,590 20,621
Accruing [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Accruing [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Accruing [Member] | Payment Stream [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 10,410 2,783 14,883 6,625
Accruing [Member] | Payment Stream [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 10,410 2,783 14,883 6,625
Accruing [Member] | Payment Stream [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 10,410 2,783 14,883 6,625
Accruing [Member] | Payment Stream [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Payment Stream [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 1,568 4,455 2,586 7,818
Accruing [Member] | Combination & Other [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 1,568 4,455 2,586 7,818
Accruing [Member] | Combination & Other [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 1,568 4,455 2,586 7,818
Accruing [Member] | Combination & Other [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Accruing [Member] | Combination & Other [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 21,914 2,934 35,677 4,327
Troubled Debt Restructurings, Recorded Balance With Payment Default 32,208 4,272 32,357 5,290
Nonaccrual [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,868 0 33,878 501
Troubled Debt Restructurings, Recorded Balance With Payment Default 30,016 2,246 30,016 2,246
Nonaccrual [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 13,010 501
Troubled Debt Restructurings, Recorded Balance With Payment Default 9,774 2,246 9,774 2,246
Nonaccrual [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Nonaccrual [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 626 0 626 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Nonaccrual [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Nonaccrual [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Nonaccrual [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,242 0 20,242 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 20,242 0 20,242 0
Nonaccrual [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0 0 0
Nonaccrual [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 999 2,869 1,748 3,754
Troubled Debt Restructurings, Recorded Balance With Payment Default 2,192 2,026 2,341 3,044
Nonaccrual [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 191 1,867 237 2,290
Troubled Debt Restructurings, Recorded Balance With Payment Default 161 788 161 1,806
Nonaccrual [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 223 625 309 625
Troubled Debt Restructurings, Recorded Balance With Payment Default 918 1,006 918 1,006
Nonaccrual [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 585 377 1,202 839
Troubled Debt Restructurings, Recorded Balance With Payment Default 1,113 232 1,262 232
Nonaccrual [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 47 65 51 72
Troubled Debt Restructurings, Recorded Balance With Payment Default 0 0   0
Nonaccrual [Member] | Payment Stream [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,629 732 33,778 1,595
Nonaccrual [Member] | Payment Stream [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,242 0 33,252 501
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 13,010 501
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 20,242 0 20,242 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Payment Stream [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 387 732 526 1,094
Nonaccrual [Member] | Payment Stream [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 138 684 153 1,046
Nonaccrual [Member] | Payment Stream [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 223 0 224 0
Nonaccrual [Member] | Payment Stream [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 26 48 149 48
Nonaccrual [Member] | Payment Stream [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 1,285 2,202 1,899 2,732
Nonaccrual [Member] | Combination & Other [Member] | Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 626 0 626 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Energy [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Services [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Wholesale/retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 626 0 626 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Manufacturing [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Healthcare [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial | Other commercial and industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Residential construction and land development [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Retail [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Office [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Multifamily [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Industrial [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Commercial real estate | Other commercial real estate [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 0 0 0
Nonaccrual [Member] | Combination & Other [Member] | Residential mortgage        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 612 2,137 1,222 2,660
Nonaccrual [Member] | Combination & Other [Member] | Residential mortgage | Permanent mortgage [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 53 1,183 84 1,244
Nonaccrual [Member] | Combination & Other [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 0 625 85 625
Nonaccrual [Member] | Combination & Other [Member] | Residential mortgage | Home equity [Member]        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period 559 329 1,053 791
Nonaccrual [Member] | Combination & Other [Member] | Personal        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Troubled Debt Restructurings, Recorded Balance Modified During The Period $ 47 $ 65 $ 51 $ 72
v3.7.0.1
Loans and Allowances for Credit Losses, By Aging Category (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Financing receivable, recorded investment, aging [Abstract]      
Current $ 16,783,348 $ 16,597,641 $ 16,010,465
Nonaccrual 245,439 230,984 247,184
Total 17,183,645 16,989,660 16,406,749
Commercial      
Financing receivable, recorded investment, aging [Abstract]      
Current 10,438,108 10,205,838 10,167,077
Nonaccrual 197,157 178,953 181,989
Total 10,637,955 10,390,824 10,356,437
Commercial | Energy [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 2,723,248 2,364,890 2,647,678
Nonaccrual 123,992 132,499 168,145
Total 2,847,240 2,497,868 2,818,656
Commercial | Services [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 2,949,562 3,099,605 2,817,217
Nonaccrual 7,754 8,173 9,388
Total 2,958,827 3,108,990 2,830,864
Commercial | Wholesale/retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 1,532,986 1,561,650 1,530,110
Nonaccrual 10,620 11,407 2,772
Total 1,543,695 1,576,818 1,532,957
Commercial | Manufacturing [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 536,481 509,662 595,110
Nonaccrual 9,656 4,931 293
Total 546,137 514,975 595,403
Commercial | Healthcare [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 2,196,088 2,201,050 2,050,271
Nonaccrual 24,505 825 875
Total 2,221,518 2,201,916 2,051,146
Commercial | Other commercial and industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 499,743 468,981 526,691
Nonaccrual 20,630 21,118 516
Total 520,538 490,257 527,411
Commercial real estate      
Financing receivable, recorded investment, aging [Abstract]      
Current 3,684,343 3,803,519 3,571,877
Nonaccrual 3,775 5,521 7,780
Total 3,688,592 3,809,046 3,581,966
Commercial real estate | Residential construction and land development [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 139,070 132,100 153,315
Nonaccrual 2,051 3,433 4,261
Total 141,592 135,533 157,576
Commercial real estate | Retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 722,504 761,562 794,154
Nonaccrual 301 326 1,265
Total 722,805 761,888 795,419
Commercial real estate | Office [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 862,577 798,462 768,506
Nonaccrual 396 426 606
Total 862,973 798,888 769,112
Commercial real estate | Multifamily [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 952,370 903,234 784,826
Nonaccrual 10 38 65
Total 952,380 903,272 787,200
Commercial real estate | Industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 693,635 871,673 645,510
Nonaccrual 0 76 76
Total 693,635 871,749 645,586
Commercial real estate | Other commercial real estate [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 314,187 336,488 425,566
Nonaccrual 1,017 1,222 1,507
Total 315,207 337,716 427,073
Residential mortgage      
Financing receivable, recorded investment, aging [Abstract]      
Current 1,744,045 1,749,473 1,684,900
Nonaccrual 44,235 46,220 57,061
Total 1,939,198 1,949,832 1,880,923
Residential mortgage | Permanent mortgage [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 962,443 979,386 935,857
Nonaccrual 23,415 22,855 27,228
Total 989,040 1,006,820 969,007
Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 36,867 40,594 42,019
Nonaccrual 9,052 11,846 19,741
Total 191,729 199,387 192,732
Residential mortgage | Home equity [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Current 744,735 729,493 707,024
Nonaccrual 11,768 11,519 10,092
Total 758,429 743,625 719,184
Personal      
Financing receivable, recorded investment, aging [Abstract]      
Current 916,852 838,811 586,611
Nonaccrual 272 290 354
Total 917,900 839,958 587,423
30 to 59 Days [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 24,074 28,603 26,390
30 to 59 Days [Member] | Commercial      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1,109 4,968 645
30 to 59 Days [Member] | Commercial | Energy [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 479 0
30 to 59 Days [Member] | Commercial | Services [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 50 191 494
30 to 59 Days [Member] | Commercial | Wholesale/retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 89 3,761 75
30 to 59 Days [Member] | Commercial | Manufacturing [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 382 0
30 to 59 Days [Member] | Commercial | Healthcare [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 925 0 0
30 to 59 Days [Member] | Commercial | Other commercial and industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 45 155 76
30 to 59 Days [Member] | Commercial real estate      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 474 6 2,309
30 to 59 Days [Member] | Commercial real estate | Residential construction and land development [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 471 0 0
30 to 59 Days [Member] | Commercial real estate | Retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
30 to 59 Days [Member] | Commercial real estate | Office [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
30 to 59 Days [Member] | Commercial real estate | Multifamily [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 2,309
30 to 59 Days [Member] | Commercial real estate | Industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
30 to 59 Days [Member] | Commercial real estate | Other commercial real estate [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 3 6 0
30 to 59 Days [Member] | Residential mortgage      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 22,004 23,040 23,036
30 to 59 Days [Member] | Residential mortgage | Permanent mortgage [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 2,024 3,299 5,798
30 to 59 Days [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 18,416 17,465 15,349
30 to 59 Days [Member] | Residential mortgage | Home equity [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1,564 2,276 1,889
30 to 59 Days [Member] | Personal      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 487 589 400
60 to 89 Days [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 15,557 16,748 16,057
60 to 89 Days [Member] | Commercial      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 299 1,065 3,847
60 to 89 Days [Member] | Commercial | Energy [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial | Services [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 180 1,021 3,765
60 to 89 Days [Member] | Commercial | Wholesale/retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial | Manufacturing [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial | Healthcare [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 41 0
60 to 89 Days [Member] | Commercial | Other commercial and industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 119 3 82
60 to 89 Days [Member] | Commercial real estate      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Residential construction and land development [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Office [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Multifamily [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Commercial real estate | Other commercial real estate [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
60 to 89 Days [Member] | Residential mortgage      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 14,969 15,420 12,152
60 to 89 Days [Member] | Residential mortgage | Permanent mortgage [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1,026 1,280 124
60 to 89 Days [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 13,581 13,803 11,869
60 to 89 Days [Member] | Residential mortgage | Home equity [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 362 337 159
60 to 89 Days [Member] | Personal      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 289 263 58
90 Days or More [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 115,227 115,684 106,653
90 Days or More [Member] | Commercial      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1,282 0 2,879
90 Days or More [Member] | Commercial | Energy [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 2,833
90 Days or More [Member] | Commercial | Services [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1,281 0 0
90 Days or More [Member] | Commercial | Wholesale/retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial | Manufacturing [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial | Healthcare [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial | Other commercial and industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 1 0 46
90 Days or More [Member] | Commercial real estate      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Residential construction and land development [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Retail [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Office [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Multifamily [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Industrial [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Commercial real estate | Other commercial real estate [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 0
90 Days or More [Member] | Residential mortgage      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 113,945 115,679 103,774
90 Days or More [Member] | Residential mortgage | Permanent mortgage [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 132 0 0
90 Days or More [Member] | Residential mortgage | Permanent mortgages guaranteed by US government agencies [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 113,813 115,679 103,754
90 Days or More [Member] | Residential mortgage | Home equity [Member]      
Financing receivable, recorded investment, aging [Abstract]      
Past Due 0 0 20
90 Days or More [Member] | Personal      
Financing receivable, recorded investment, aging [Abstract]      
Past Due $ 0 $ 5 $ 0
v3.7.0.1
Acquisitions (Details) - MBT Bancshares [Member] - USD ($)
$ in Thousands
6 Months Ended
Dec. 01, 2016
Jun. 30, 2017
Business Acquisition [Line Items]    
Business Acquisition, Effective Date of Acquisition Dec. 01, 2016  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net $ 102,500  
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles   $ 2,000
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment   1,500
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Goodwill   $ 526
v3.7.0.1
Mortgage Banking Activities, Components of Loans Held For Sale (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Schedule of Residential Mortgage Loans Held For Sale [Line Items]      
Number of days for past due for loan to be considered nonperforming (in days) 90 days 90 days 90 days
Residential mortgage loans held for sale, nonperforming $ 0 $ 0 $ 0
Credit losses recognized on residential mortgage loans held for sale 0 0 0
Components of Residential Mortgage Loans Held for Sale [Abstract]      
Unpaid principal balance 269,772 404,507 286,414
Residential mortgage loans held for sale, Fair value 275,179 417,542 286,971
Total residential mortgage loans held for sale and mortgage loan commitments, net of forward sales contracts $ 287,259 $ 430,728 $ 301,897
Not Designated as Hedging Instrument [Member] | Residential mortgage loan commitments [Member]      
Schedule of Residential Mortgage Loans Held For Sale [Line Items]      
General number of days outstanding for residential mortgage commitments, minimum (in days) 60 days 60 days 60 days
General number of days outstanding for residential mortgage commitments, maximum (in days) 90 days 90 days 90 days
Components of Residential Mortgage Loans Held for Sale [Abstract]      
Notional $ 362,088 $ 965,631 $ 318,359
Derivative, Net fair value $ 10,993 $ 25,499 $ 9,733
Not Designated as Hedging Instrument [Member] | Forward sales contracts [Member]      
Schedule of Residential Mortgage Loans Held For Sale [Line Items]      
General number of days for delivery of loans, for which the price is set by forward sales contracts, minimum (in days) 60 days 60 days 60 days
General number of days for delivery for loans, for which the price is set by forward sales contracts, maximum (in days) 90 days 90 days 90 days
Components of Residential Mortgage Loans Held for Sale [Abstract]      
Notional $ 587,595 $ 1,216,966 $ 569,543
Derivative, Net fair value $ 1,087 $ (12,313) $ 5,193
v3.7.0.1
Mortgage Banking Activities Mortgage Banking Activities, Mortgage Banking Revenue (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Mortgage Banking Revenue [Abstract]        
Net realized gains on sale of mortgage loans $ 11,787 $ 15,865 $ 20,402 $ 24,314
Net change in unrealized gain on mortgage loans held for sale 985 3,884 4,827 7,167
Net change in the fair value of mortgage loan commitments (3,274) 5,329 1,260 17,365
Net change in the fair value of forward sales contracts 4,342 (5,992) (4,106) (13,113)
Total production revenue 13,840 19,086 22,383 35,733
Servicing revenue 16,436 15,798 33,084 31,251
Total mortgage banking revenue $ 30,276 $ 34,884 $ 55,467 $ 66,984
v3.7.0.1
Mortgage Banking Activities, Mortgage Servicing Rights (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Summary of Mortgage Servicing Rights [Abstract]          
Number of residential mortgage loans serviced for others 138,335 139,340 137,210 138,335 137,210
Outstanding principal balance of residential mortgage loans serviced for others $ 22,095,232,000 $ 21,997,568,000 $ 21,178,387,000 $ 22,095,232,000 $ 21,178,387,000
Weighted average interest rate 3.95% 3.97% 4.06% 3.95% 4.06%
Remaining term (in months) 299 months 301 months 301 months    
Servicing Asset at Fair Value, Amount [Roll Forward]          
Beginning balance $ 249,403,000   $ 196,055,000 $ 247,073,000 $ 218,605,000
Additions, net 11,078,000   20,773,000 19,514,000 34,355,000
Change in fair value due to scheduled payments and full-balance payoffs (8,299,000)   (9,798,000) (16,261,000) (17,942,000)
Change in fair value due to market assumption changes (6,943,000)   (16,283,000) (5,087,000) (44,271,000)
Ending balance $ 245,239,000 $ 247,073,000 $ 190,747,000 $ 245,239,000 $ 190,747,000
Servicing Assets at Fair Value, Assumptions Used to Estimate Fair Value [Abstract]          
Discount rate - risk-free rate plus a market premium (in hundredths) 9.84% 10.08% 10.09%    
Prepayment rate - based upon loan interest rate, original term and loan type, minimum 8.61% 8.98% 9.26%    
Prepayment rate - based upon loan interest rate, original term and loan type, maximum 15.91% 16.91% 42.77%    
Loan servicing costs - annually per loan based upon loan type, performing, minimum (in dollars per loan) $ 65 $ 63 $ 63    
Loan servicing costs - annually per loan based upon loan type, performing, maximum (in dollars per loan) 120 120 120    
Loan servicing costs - annually per loan based upon loan type, delinquent, minimum (in dollars per loan) 150 150 150    
Loan servicing costs - annually per loan based upon loan type, delinquent, maximum (in dollars per loan) 500 500 500    
Loan servicing costs - annually per loan based upon loan type, foreclosure, minimum (in dollars per loan) 1,000 650 650    
Loan servicing costs - annually per loan based upon loan type, foreclosure, maximum (in dollars per loan) $ 4,250 $ 4,250 $ 4,250    
Escrow earnings rate - indexed to rates paid on deposit accounts with comparable average life (in hundredths) 1.95% 1.98% 0.99%    
Primary secondary mortgage rate spread (in basis points) 105 105 115 105 115
Purchased [Member]          
Servicing Asset at Fair Value, Amount [Roll Forward]          
Beginning balance $ 8,316,000   $ 5,949,000 $ 8,909,000 $ 9,911,000
Additions, net 0   0 0 0
Change in fair value due to scheduled payments and full-balance payoffs (464,000)   (730,000) (973,000) (1,356,000)
Change in fair value due to market assumption changes 143,000   (1,152,000) 59,000 (4,488,000)
Ending balance 7,995,000 $ 8,909,000 4,067,000 7,995,000 4,067,000
Originated [Member]          
Servicing Asset at Fair Value, Amount [Roll Forward]          
Beginning balance 241,087,000   190,106,000 238,164,000 208,694,000
Additions, net 11,078,000   20,773,000 19,514,000 34,355,000
Change in fair value due to scheduled payments and full-balance payoffs (7,835,000)   (9,068,000) (15,288,000) (16,586,000)
Change in fair value due to market assumption changes (7,086,000)   (15,131,000) (5,146,000) (39,783,000)
Ending balance $ 237,244,000 $ 238,164,000 $ 186,680,000 $ 237,244,000 $ 186,680,000
v3.7.0.1
Mortgage Banking Activities Mortgage Banking Activities, Loans Serviced for Others (Details)
$ in Thousands
Jun. 30, 2017
USD ($)
Financing Receivable, Recorded Investment, Aging [Abstract]  
Current $ 21,685,252
30 to 59 Days Past Due 269,744
60 to 89 Days Past Due 71,240
90 Days or More Past Due 68,996
Total 22,095,232
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]  
Financing Receivable, Recorded Investment, Aging [Abstract]  
Current 8,083,330
30 to 59 Days Past Due 48,659
60 to 89 Days Past Due 12,294
90 Days or More Past Due 27,338
Total 8,171,621
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]  
Financing Receivable, Recorded Investment, Aging [Abstract]  
Current 6,756,211
30 to 59 Days Past Due 46,918
60 to 89 Days Past Due 10,679
90 Days or More Past Due 23,981
Total 6,837,789
Government National Mortgage Association Certificates and Obligations (GNMA) [Member]  
Financing Receivable, Recorded Investment, Aging [Abstract]  
Current 6,331,439
30 to 59 Days Past Due 170,889
60 to 89 Days Past Due 47,335
90 Days or More Past Due 16,082
Total 6,565,745
Other Investor Loans [Member]  
Financing Receivable, Recorded Investment, Aging [Abstract]  
Current 514,272
30 to 59 Days Past Due 3,278
60 to 89 Days Past Due 932
90 Days or More Past Due 1,595
Total $ 520,077
v3.7.0.1
Mortgage Banking Activities, Loans Sold With Recourse (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Residential Mortgage Loan Repurchase and Servicing Losses [Abstract]        
Number of mortgages purchased under repurchase agreement with government sponsored entities. 5      
Purchase price of loans purchased under repurchase agreement with government sponsored entities $ 1,315      
Number of loans sold under standard representations and warranties indemnified 4      
Number of unresolved deficiency requests 206 211 206 211
Aggregate outstanding principal balance subject to unresolved deficiency requests $ 13,370 $ 15,920 $ 13,370 $ 15,920
Unpaid principal balance subject to indemnification by the Company 5,074 5,519 5,074 5,519
Activity in accrual for mortgage losses [Rollforward]        
Beginning balance 2,587 2,974 2,788 3,359
Provision for losses (895) 368 (1,094) 250
Charge-offs, net (45) (89) (47) (356)
Ending balance $ 1,647 $ 3,253 $ 1,647 $ 3,253
v3.7.0.1
Commitments and Contingent Liabilities (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2017
USD ($)
shares
Dec. 31, 2016
USD ($)
BOKF Equity, LLC [Member]    
Litigation Settlement [Abstract]    
Number of Private Equity Funds of which the Entity is a General Partner 2  
Contingent Obligations For Additional Investments in Private Equity Funds $ 4,000,000  
Cavanal Hill Funds [Member]    
Litigation Settlement [Abstract]    
The Net Asset Value of Units in Mutual Funds (per unit) 1.00  
Settled Litigation [Member] | Deposit Account Posting Class Action [Member]    
Litigation Settlement [Abstract]    
Litigation Settlement, Amount   $ 7,800,000
Judicial Ruling [Member] | Misuse of Revenues Pledged to Municipal Bonds [Member]    
Litigation Settlement [Abstract]    
Litigation Settlement, Amount $ 600,000  
Outstanding principal, accrued interest and other amounts required by bond documents 73,000,000  
Disgorged fees $ 1,067,721  
Pending Litigation [Member] | Misuse of Revenues Pledged to Municipal Bonds [Member]    
Litigation Settlement [Abstract]    
Loss Contingency, Number of Plaintiffs 2  
Pending Litigation [Member] | Bank Participation in Fraudulent Sale of Securities by Principals [Member]    
Litigation Settlement [Abstract]    
Loss Contingency, Number of Plaintiffs 19  
Pending Litigation [Member] | Purchase of facilities from principals subject to SEC New Jersey proceedings [Member]    
Litigation Settlement [Abstract]    
Outstanding principal, accrued interest and other amounts required by bond documents $ 60,000,000  
Number of individuals who purchased facilities from the principals subject to SEC New Jersey proceedings 2  
Number of principals in SEC New Jersey proceedings 2  
Pending Litigation [Member] | Ownership of deposit accounts [Member]    
Litigation Settlement [Abstract]    
Loss Contingency, Number of Plaintiffs 2  
Amount paid by the bank from creditor accounts to judgment creditor $ 4,200,000  
Loss Contingency, Damages Sought, Value $ 7,000,000  
Visa Membership [Member]    
Loss Contingencies [Line Items]    
Number of Visa Class B Shares Owned by Entity (in shares) | shares 252,233  
Number of Visa Class A Shares Visa Class B Shares Are Convertible To (in shares) | shares 415,755  
v3.7.0.1
Commitments and Contingent Liabilities Variable Interest Entities (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Loans Receivable [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net $ 10,000 $ 10,000 $ 10,000
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 59,744 44,488 32,679
Loans Receivable [Member] | Private equity funds [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Loans Receivable [Member] | Tax credit entities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 10,000 10,000 10,000
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 59,744 44,488 32,679
Loans Receivable [Member] | Other [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Other Assets [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 44,073 58,725 67,751
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 181,680 175,390 125,577
Other Assets [Member] | Private equity funds [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 16,905 17,357 20,469
Other Assets [Member] | Tax credit entities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 11,274 11,585 11,895
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 148,525 143,715 102,138
Other Assets [Member] | Other [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 15,894 29,783 35,387
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 33,155 31,675 23,439
Other Liabilities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 1,621 3,189 2,004
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 77,502 78,357 44,720
Other Liabilities [Member] | Private equity funds [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Other Liabilities [Member] | Tax credit entities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 63,822 63,329 30,953
Other Liabilities [Member] | Other [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 1,621 3,189 2,004
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 13,680 15,028 13,767
Other borrowings [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 11,842 12,056 13,236
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Other borrowings [Member] | Private equity funds [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Other borrowings [Member] | Tax credit entities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 10,964 10,964 10,964
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Other borrowings [Member] | Other [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 878 1,092 2,272
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Non-Controlling Interests [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 27,076 31,503 33,905
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Non-Controlling Interests [Member] | Private equity funds [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 14,199 13,237 16,316
Non-Controlling Interests [Member] | Tax credit entities [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 10,000 10,000 10,000
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net 0 0 0
Non-Controlling Interests [Member] | Other [Member]      
Variable Interest Entity [Line Items]      
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net 2,877 8,266 7,589
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net $ 0 $ 0 $ 0
v3.7.0.1
Shareholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 25, 2017
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dividends declared (in dollars per share)   $ 0.44 $ 0.43 $ 0.88 $ 0.86
Schedule of Accumulated Other Income (Loss) [Abstract]          
Balance, Beginning of Period       $ (10,967) $ 21,587
Net change in unrealized gain (loss)   $ 21,958 $ 45,475 33,369 166,566
Reclassification adjustments included in earnings:          
Interest revenue, Investment securities, Taxable securities   0 (43) 0 (112)
Gain on available for sale securities, net   (380) (5,326) (2,429) (9,290)
Other comprehensive income (loss), before income taxes   21,578 40,106 30,940 157,164
Federal and state income taxes   8,393 15,583 12,009 [1] 61,119 [1]
Other comprehensive income (loss), net of income taxes   13,185 24,523 18,931 96,045
Balance, End of Period   7,964 117,632 7,964 117,632
Accumulated Net Unrealized Gain (Loss) on Available for Sale Securities [Member]          
Schedule of Accumulated Other Income (Loss) [Abstract]          
Balance, Beginning of Period       (9,087) 23,284
Net change in unrealized gain (loss)       33,369 166,566
Reclassification adjustments included in earnings:          
Interest revenue, Investment securities, Taxable securities         0
Gain on available for sale securities, net       (2,429) (9,290)
Other comprehensive income (loss), before income taxes       30,940 157,276
Federal and state income taxes [1]       12,009 61,163
Other comprehensive income (loss), net of income taxes       18,931 96,113
Balance, End of Period   9,844 119,397 9,844 119,397
Accumulated Unrealized Gain on Investment Securities Transferred from AFS [Member]          
Schedule of Accumulated Other Income (Loss) [Abstract]          
Balance, Beginning of Period       0 68
Net change in unrealized gain (loss)       0 0
Reclassification adjustments included in earnings:          
Interest revenue, Investment securities, Taxable securities         (112)
Gain on available for sale securities, net       0 0
Other comprehensive income (loss), before income taxes       0 (112)
Federal and state income taxes [1]       (44)
Other comprehensive income (loss), net of income taxes       0 (68)
Balance, End of Period   0 0 0 0
Accumulated Unrealized Gain (Loss) on Employee Benefit Plans [Member]          
Schedule of Accumulated Other Income (Loss) [Abstract]          
Balance, Beginning of Period       (1,880) (1,765)
Net change in unrealized gain (loss)       0 0
Reclassification adjustments included in earnings:          
Interest revenue, Investment securities, Taxable securities         0
Gain on available for sale securities, net       0 0
Other comprehensive income (loss), before income taxes       0 0
Federal and state income taxes [1]       0 0
Other comprehensive income (loss), net of income taxes       0 0
Balance, End of Period   (1,880) $ (1,765) (1,880) $ (1,765)
Subsequent Event [Member]          
Dividends Payable, Date Declared Jul. 25, 2017        
Dividends declared (in dollars per share) $ 0.44        
Dividends Payable, Date to be Paid Aug. 25, 2017        
Dividends Payable, Date of Record Aug. 11, 2017        
Perpetual Preferred, Equity Securities and Mutual Funds [Member] | Accumulated Net Unrealized Gain (Loss) on Available for Sale Securities [Member]          
Reclassification adjustments included in earnings:          
Balance, End of Period   $ 3,200   $ 3,200  
[1] Calculated using a 39 percent effective tax rate.
v3.7.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Numerator: [Abstract]        
Net income attributable to BOK Financial Corp. shareholders $ 88,147 $ 65,801 $ 176,503 $ 108,365
Less: Earnings allocated to participating securities 926 821 1,929 1,359
Numerator for basic earnings per share – income available to common shareholders 87,221 64,980 174,574 107,006
Effect of reallocating undistributed earnings of participating securities 1 0 1 0
Numerator for diluted earnings per share – income available to common shareholders $ 87,222 $ 64,980 $ 174,575 $ 107,006
Denominator: [Abstract]        
Weighted average shares outstanding (in shares) 65,416,274 66,069,392 65,436,909 66,100,279
Less: Participating securities included in weighted average shares (in shares) 686,522 823,505 714,165 829,065
Denominator for basic earnings per common share (in shares) 64,729,752 65,245,887 64,722,744 65,271,214
Dilutive effect of employee stock compensation plans (in shares) 63,382 57,039 65,578 45,963
Denominator for diluted earnings per common share (in shares) 64,793,134 65,302,926 64,788,322 65,317,177
Basic earnings per share (per share) $ 1.35 $ 1.00 $ 2.70 $ 1.64
Diluted earnings per share (per share) $ 1.35 $ 1.00 $ 2.69 $ 1.64
Excludes employee stock options with exercise prices greater than current market price. 0 0 0 145,247,000
v3.7.0.1
Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Segment Reporting Information [Line Items]        
NIR (expense) from external sources $ 205,204 $ 182,612 $ 406,386 $ 365,184
NIR (expense) from internal sources 0 0 0 0
Net interest revenue 205,204 182,612 406,386 365,184
Provision for credit losses 0 20,000 0 55,000
Net interest revenue after provision for credit losses 205,204 162,612 406,386 310,184
Other operating revenue 182,252 185,542 352,548 342,956
Other operating expense 250,885 251,385 495,596 493,955
Net direct contribution 136,571 96,769 263,338 159,185
Gain (loss) on financial instruments, net 0 0 0 0
Change in fair value of mortgage servicing rights 0 0 0 0
Gain (loss) on repossessed assets, net 0 0 0 0
Corporate expense allocations 0 0 0 0
Net income before taxes 136,571 96,769 263,338 159,185
Federal and state income taxes 47,705 30,497 85,808 51,925
Net income 88,866 66,272 177,530 107,260
Net income (loss) attributable to non-controlling interests 719 471 1,027 (1,105)
Net income attributable to BOK Financial Corp. shareholders 88,147 65,801 176,503 108,365
Average assets 32,368,571 31,986,042 32,660,160 31,747,257
Operating Segments [Member] | Commercial [Member]        
Segment Reporting Information [Line Items]        
NIR (expense) from external sources 144,164 118,480 278,868 235,116
NIR (expense) from internal sources (20,347) (14,575) (37,140) (29,208)
Net interest revenue 123,817 103,905 241,728 205,908
Provision for credit losses 1,228 6,852 (234) 28,423
Net interest revenue after provision for credit losses 122,589 97,053 241,962 177,485
Other operating revenue 55,778 51,497 102,048 96,605
Other operating expense 59,128 52,594 111,565 108,663
Net direct contribution 119,239 95,956 232,445 165,427
Gain (loss) on financial instruments, net 3 0 41 0
Change in fair value of mortgage servicing rights 0 0 0 0
Gain (loss) on repossessed assets, net 1,403 (598) 1,398 (680)
Corporate expense allocations 8,862 8,883 17,493 17,627
Net income before taxes 111,783 86,475 216,391 147,120
Federal and state income taxes 43,484 33,639 84,176 57,230
Net income 68,299 52,836 132,215 89,890
Net income (loss) attributable to non-controlling interests 0 0 0 0
Net income attributable to BOK Financial Corp. shareholders 68,299 52,836 132,215 89,890
Average assets 17,596,273 16,973,663 17,517,960 16,971,339
Operating Segments [Member] | Consumer [Member]        
Segment Reporting Information [Line Items]        
NIR (expense) from external sources 23,503 22,349 44,632 43,799
NIR (expense) from internal sources 11,837 8,876 22,789 18,229
Net interest revenue 35,340 31,225 67,421 62,028
Provision for credit losses 926 1,318 2,198 3,020
Net interest revenue after provision for credit losses 34,414 29,907 65,223 59,008
Other operating revenue 52,102 57,440 99,408 111,469
Other operating expense 55,709 62,806 109,242 118,524
Net direct contribution 30,807 24,541 55,389 51,953
Gain (loss) on financial instruments, net 5,224 15,045 3,557 31,626
Change in fair value of mortgage servicing rights (6,943) (16,283) (5,087) (44,271)
Gain (loss) on repossessed assets, net 98 252 (39) 406
Corporate expense allocations 17,039 16,630 33,908 32,608
Net income before taxes 12,147 6,925 19,912 7,106
Federal and state income taxes 4,725 2,694 7,746 2,764
Net income 7,422 4,231 12,166 4,342
Net income (loss) attributable to non-controlling interests 0 0 0 0
Net income attributable to BOK Financial Corp. shareholders 7,422 4,231 12,166 4,342
Average assets 8,845,398 8,774,881 8,747,524 8,731,085
Operating Segments [Member] | Wealth Management [Member]        
Segment Reporting Information [Line Items]        
NIR (expense) from external sources 10,474 6,271 21,960 12,349
NIR (expense) from internal sources 10,325 7,193 19,181 14,857
Net interest revenue 20,799 13,464 41,141 27,206
Provision for credit losses (93) (239) (53) (390)
Net interest revenue after provision for credit losses 20,892 13,703 41,194 27,596
Other operating revenue 75,569 75,772 149,727 144,518
Other operating expense 60,615 61,414 121,025 122,098
Net direct contribution 35,846 28,061 69,896 50,016
Gain (loss) on financial instruments, net 0 0 0 0
Change in fair value of mortgage servicing rights 0 0 0 0
Gain (loss) on repossessed assets, net 0 0 0 0
Corporate expense allocations 9,947 10,417 20,619 20,952
Net income before taxes 25,899 17,644 49,277 29,064
Federal and state income taxes 10,075 6,864 19,169 11,306
Net income 15,824 10,780 30,108 17,758
Net income (loss) attributable to non-controlling interests 0 0 0 0
Net income attributable to BOK Financial Corp. shareholders 15,824 10,780 30,108 17,758
Average assets 6,763,093 5,765,390 6,960,872 5,665,218
Funds Management and Other [Member]        
Segment Reporting Information [Line Items]        
NIR (expense) from external sources 27,063 35,512 60,926 73,920
NIR (expense) from internal sources (1,815) (1,494) (4,830) (3,878)
Net interest revenue 25,248 34,018 56,096 70,042
Provision for credit losses (2,061) 12,069 (1,911) 23,947
Net interest revenue after provision for credit losses 27,309 21,949 58,007 46,095
Other operating revenue (1,197) 833 1,365 (9,636)
Other operating expense 75,433 74,571 153,764 144,670
Net direct contribution (49,321) (51,789) (94,392) (108,211)
Gain (loss) on financial instruments, net (5,227) (15,045) (3,598) (31,626)
Change in fair value of mortgage servicing rights 6,943 16,283 5,087 44,271
Gain (loss) on repossessed assets, net (1,501) 346 (1,359) 274
Corporate expense allocations (35,848) (35,930) (72,020) (71,187)
Net income before taxes (13,258) (14,275) (22,242) (24,105)
Federal and state income taxes (10,579) (12,700) (25,283) (19,375)
Net income (2,679) (1,575) 3,041 (4,730)
Net income (loss) attributable to non-controlling interests 719 471 1,027 (1,105)
Net income attributable to BOK Financial Corp. shareholders (3,398) (2,046) 2,014 (3,625)
Average assets $ (836,193) $ 472,108 $ (566,196) $ 379,615
v3.7.0.1
Fair Value Measurements, Fair Value Of Financial Instruments as Measured On a Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Assets: [Abstract]            
Trading securities $ 441,414   $ 337,628 $ 211,622    
Available for sale securities 8,341,041   8,676,829 8,830,689    
Fair value option securities 445,169   77,046 263,265    
Mortgage servicing rights 245,239 $ 249,403 247,073 190,747 $ 196,055 $ 218,605
Derviative contracts, net of cash collateral, Assets, Fair value 280,289   689,872 883,673    
Liabilities: [Abstract]            
Derivative contracts, net of cash collateral, Liabilities, Fair Value 285,819   664,531 719,159    
U.S. government agency debentures            
Assets: [Abstract]            
Trading securities 20,954   6,234 18,909    
U.S. government agency residential mortgage-backed securities            
Assets: [Abstract]            
Trading securities 365,171   310,067 122,306    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Municipal and other tax-exempt securities            
Assets: [Abstract]            
Trading securities 45,444   14,427 52,721    
Available for sale securities 32,765   40,993 50,262    
Other trading securities            
Assets: [Abstract]            
Trading securities 9,845   6,900 17,686    
U.S. Treasury            
Assets: [Abstract]            
Available for sale securities 998   999 1,004    
Fair value option securities 0   0 25,306    
Privately issued residential mortgage-backed securities            
Assets: [Abstract]            
Available for sale securities 103,383   115,535 126,313    
Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Assets: [Abstract]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Other debt securities            
Assets: [Abstract]            
Available for sale securities 4,152   4,152 4,151    
Perpetual preferred stock            
Assets: [Abstract]            
Available for sale securities 16,568   18,474 17,931    
Equity securities and mutual funds            
Assets: [Abstract]            
Available for sale securities 18,728   18,357 18,814    
Fair Value, Measurements, Recurring [Member]            
Assets: [Abstract]            
Trading securities 441,414   337,628 211,622    
Available for sale securities 8,341,041   8,676,829 8,830,689    
Fair value option securities       263,265    
Residential mortgage loans held for sale 287,259   301,897 430,728    
Mortgage servicing rights 245,239 [1]   247,073 [2] 190,747 [3]    
Derviative contracts, net of cash collateral, Assets, Fair value 280,289 [4]   689,872 [5] 883,673 [6]    
Liabilities: [Abstract]            
Derivative contracts, net of cash collateral, Liabilities, Fair Value 285,819 [4]   664,531 [5] 719,159 [6]    
Fair Value, Measurements, Recurring [Member] | U.S. government agency debentures            
Assets: [Abstract]            
Trading securities 20,954   6,234 18,909    
Fair Value, Measurements, Recurring [Member] | U.S. government agency residential mortgage-backed securities            
Assets: [Abstract]            
Trading securities 365,171   310,067 122,306    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Fair Value, Measurements, Recurring [Member] | Municipal and other tax-exempt securities            
Assets: [Abstract]            
Trading securities 45,444   14,427 52,721    
Available for sale securities 32,765   40,993 50,262    
Fair Value, Measurements, Recurring [Member] | Other trading securities            
Assets: [Abstract]            
Trading securities 9,845   6,900 17,686    
Fair Value, Measurements, Recurring [Member] | U.S. Treasury            
Assets: [Abstract]            
Available for sale securities 998   999 1,004    
Fair value option securities       25,306    
Fair Value, Measurements, Recurring [Member] | Privately issued residential mortgage-backed securities            
Assets: [Abstract]            
Available for sale securities 103,383   115,535 126,313    
Fair Value, Measurements, Recurring [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Assets: [Abstract]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Fair Value, Measurements, Recurring [Member] | Other debt securities            
Assets: [Abstract]            
Available for sale securities 4,152   4,152 4,151    
Fair Value, Measurements, Recurring [Member] | Perpetual preferred stock            
Assets: [Abstract]            
Available for sale securities 16,568   18,474 17,931    
Fair Value, Measurements, Recurring [Member] | Equity securities and mutual funds            
Assets: [Abstract]            
Available for sale securities 18,728   18,357 18,814    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 4,514   4,494 4,789    
Fair value option securities       25,306    
Residential mortgage loans held for sale 0   0 0    
Mortgage servicing rights 0 [1]   0 [2] 0 [3]    
Derviative contracts, net of cash collateral, Assets, Fair value 20,213 [4]   7,541 [5] 7,246 [6]    
Liabilities: [Abstract]            
Derivative contracts, net of cash collateral, Liabilities, Fair Value 5,919 [4]   6,972 [5] 4,808 [6]    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. government agency debentures            
Assets: [Abstract]            
Trading securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. government agency residential mortgage-backed securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 0   0 0    
Fair value option securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal and other tax-exempt securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other trading securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. Treasury            
Assets: [Abstract]            
Available for sale securities 998   999 1,004    
Fair value option securities       25,306    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Privately issued residential mortgage-backed securities            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other debt securities            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Perpetual preferred stock            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity securities and mutual funds            
Assets: [Abstract]            
Available for sale securities 3,516   3,495 3,785    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]            
Assets: [Abstract]            
Trading securities 441,414   337,628 211,622    
Available for sale securities 8,327,720   8,662,394 8,812,149    
Fair value option securities       237,959    
Residential mortgage loans held for sale 274,524   290,280 420,979    
Mortgage servicing rights 0 [1]   0 [2] 0 [3]    
Derviative contracts, net of cash collateral, Assets, Fair value 260,076 [4]   682,331 [5] 876,427 [6]    
Liabilities: [Abstract]            
Derivative contracts, net of cash collateral, Liabilities, Fair Value 279,900 [4]   657,559 [5] 714,351 [6]    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. government agency debentures            
Assets: [Abstract]            
Trading securities 20,954   6,234 18,909    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. government agency residential mortgage-backed securities            
Assets: [Abstract]            
Trading securities 365,171   310,067 122,306    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal and other tax-exempt securities            
Assets: [Abstract]            
Trading securities 45,444   14,427 52,721    
Available for sale securities 28,110   35,204 40,662    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other trading securities            
Assets: [Abstract]            
Trading securities 9,845   6,900 17,686    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. Treasury            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair value option securities       0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Privately issued residential mortgage-backed securities            
Assets: [Abstract]            
Available for sale securities 103,383   115,535 126,313    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Assets: [Abstract]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other debt securities            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Perpetual preferred stock            
Assets: [Abstract]            
Available for sale securities 16,568   18,474 17,931    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Equity securities and mutual funds            
Assets: [Abstract]            
Available for sale securities 15,212   14,862 15,029    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 8,807   9,941 13,751    
Fair value option securities       0    
Residential mortgage loans held for sale 12,735   11,617 9,749    
Mortgage servicing rights 245,239 [1]   247,073 [2] 190,747 [3]    
Derviative contracts, net of cash collateral, Assets, Fair value 0 [4]   0 [5] 0 [6]    
Liabilities: [Abstract]            
Derivative contracts, net of cash collateral, Liabilities, Fair Value 0 [4]   0 [5] 0 [6]    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. government agency debentures            
Assets: [Abstract]            
Trading securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. government agency residential mortgage-backed securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 0   0 0    
Fair value option securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal and other tax-exempt securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Available for sale securities 4,655   5,789 9,600    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other trading securities            
Assets: [Abstract]            
Trading securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. Treasury            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair value option securities       0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Privately issued residential mortgage-backed securities            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other debt securities            
Assets: [Abstract]            
Available for sale securities 4,152   4,152 4,151    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Perpetual preferred stock            
Assets: [Abstract]            
Available for sale securities 0   0 0    
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Equity securities and mutual funds            
Assets: [Abstract]            
Available for sale securities $ 0   $ 0 $ 0    
[1] A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
[2] A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
[3] A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 6, Mortgage Banking Activities.
[4] See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts in asset positions that were valued based on quoted prices in active markets for identical instruments (Level 1) are primarily exchange-traded energy and interest rate derivative contacts. Derivative contacts in liability positions that were valued using quoted prices in active markets for identical instruments are exchange-traded interest rate and agricultural derivative contracts, net of cash margin.
[5] See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest-rate and energy derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate, energy and agricultural derivative contracts, net of cash margin.
[6] See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts based on quoted prices in active markets for identical instruments (Level 1) are exchange-traded energy and agricultural derivative contacts, net of cash margin. Derivative contracts in liability positions that were valued using quoted prices in active markets for identical instruments (Level 1) are exchange-traded interest rate and energy derivative contracts, net cash margin.
v3.7.0.1
Fair Value Measurements, Measured On Recurring Basis Significant Unobservable Inputs (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Available-for-sale securities [Member] | Municipal and other tax-exempt securities        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Balance, beginning of period $ 5,722 $ 9,614 $ 5,789 $ 9,610
Transfer to Level 3 from Level 2 0 [1] 0 [2] 0 [1] 0 [2]
Purchases 0 0 0 0
Proceeds from sales 0 0 0 0
Redemptions and distributions (1,100) 0 (1,100) 0
Other comprehensive income (loss) 33 (14) (34) (10)
Balance, end of period 4,655 9,600 4,655 9,600
Available-for-sale securities [Member] | Municipal and other tax-exempt securities | Mortgage banking revenue [Member]        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Gain (loss) recognized in earnings 0 0 0 0
Available-for-sale securities [Member] | Other debt securities        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Balance, beginning of period 4,153 4,151 4,152 4,151
Transfer to Level 3 from Level 2 0 [1] 0 [2] 0 [1] 0 [2]
Purchases 0 0 0 0
Proceeds from sales 0 0 0 0
Redemptions and distributions 0 0 0 0
Other comprehensive income (loss) (1) 0 0 0
Balance, end of period 4,152 4,151 4,152 4,151
Available-for-sale securities [Member] | Other debt securities | Mortgage banking revenue [Member]        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Gain (loss) recognized in earnings 0 0 0 0
Residential mortgage loans held for sale [Member]        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Balance, beginning of period 12,679 8,099 11,617 7,874
Transfer to Level 3 from Level 2 853 [1] 3,080 [2] 2,740 [1] 3,540 [2]
Purchases 0 0 0 0
Proceeds from sales (1,030) (1,249) (1,702) (1,362)
Redemptions and distributions 0 0 0 0
Other comprehensive income (loss) 0 0 0 0
Balance, end of period 12,735 9,749 12,735 9,749
Residential mortgage loans held for sale [Member] | Mortgage banking revenue [Member]        
Fair Value Assets Measured on Recurring Basis Unobservable Reconciliation [Roll Forward]        
Gain (loss) recognized in earnings $ 233 $ (181) $ 80 $ (303)
[1] 1 Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
[2] 1 Recurring transfers to Level 3 from Level 2 consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards.
v3.7.0.1
Fair Value Measurements Fair Value Measurements, Financial Instruments Measured On a Recurring Basis, Quantitative Information (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Available-for-sale securities [Member] | Municipal and other tax-exempt securities      
Fair Value Inputs, Assets, Quantitative Information [Line Items]      
Fair Value Inputs, Asset, Par Value $ 5,095 $ 10,370 $ 6,195
Fair Value Inputs, Asset, Amortized Cost/Unpaid Principal Balance 5,067 10,312 6,163
Fair Value Inputs, Asset, Fair Value $ 4,655 $ 9,600 $ 5,789
Fair Value Measurements, Valuation Techniques Discounted cash flows [1] Discounted cash flows [2] Discounted cash flows [3]
Fair Value Measurements, Significant Unobservable Input Interest rate spread Interest rate spread Interest rate spread
Fair Value Inputs, Assets, Discount Rate, Minimum 5.98% [4] 5.34% [5] 5.91% [6]
Fair Value Inputs, Assets, Discount Rate, Maximum 5.98% [4] 5.64% [5] 6.21% [6]
Fair Value Inputs, Assets, Discount Rate, Weighted Average 5.98% [4] 5.60% [5] 6.16% [6]
Fair Value Inputs, Assets, Fair Value As Percentage of Par Value, Minimum 90.00% [7] 90.00% [8] 90.00% [9]
Fair Value Inputs, Assets, Fair Value As Percentage of Par Value, Maximum 94.90% [7] 93.28% [8] 93.40% [9]
Fair Value Inputs, Fair Value As Percentage of Par Value, Weighted Average 92.93% [7] 92.58% [8] 92.20% [9]
Investment Grade Tax Exempt Securities Yield Spread Over Comparable Securities Minimum 360 474 467
Investment Grade Tax Exempt Securities Yield Spread Over Comparable Securities Maximum 446 513 525
Available-for-sale securities [Member] | Other debt securities      
Fair Value Inputs, Assets, Quantitative Information [Line Items]      
Fair Value Inputs, Asset, Par Value $ 4,400 $ 4,400 $ 4,400
Fair Value Inputs, Asset, Amortized Cost/Unpaid Principal Balance 4,400 4,400 4,400
Fair Value Inputs, Asset, Fair Value $ 4,152 $ 4,151 $ 4,152
Fair Value Measurements, Valuation Techniques Discounted cash flows [1] Discounted cash flows [2] Discounted cash flows [3]
Fair Value Measurements, Significant Unobservable Input Interest rate spread Interest rate spread Interest rate spread
Fair Value Inputs, Assets, Discount Rate, Minimum 5.41% [10] 5.51% [11] 6.01% [12]
Fair Value Inputs, Assets, Discount Rate, Maximum 6.72% [10] 5.96% [11] 6.26% [12]
Fair Value Inputs, Assets, Discount Rate, Weighted Average 6.57% [10] 5.91% [11] 6.23% [12]
Fair Value Inputs, Assets, Fair Value As Percentage of Par Value, Minimum 94.31% [7] 94.32% [8] 94.34% [9]
Fair Value Inputs, Assets, Fair Value As Percentage of Par Value, Maximum 94.38% [7] 94.34% [8] 94.36% [9]
Fair Value Inputs, Fair Value As Percentage of Par Value, Weighted Average 94.37% [7] 94.34% [8] 94.36% [9]
Average Yields On Comparable Short-term Taxable Securities, Maximum 3.00% 1.00% 1.00%
Residential mortgage loans held for sale [Member]      
Fair Value Inputs, Assets, Quantitative Information [Line Items]      
Fair Value Inputs, Asset, Amortized Cost/Unpaid Principal Balance $ 13,274 $ 10,518 $ 12,431
Fair Value Inputs, Asset, Fair Value $ 12,563 $ 9,749 $ 11,617
Fair Value Measurements, Valuation Techniques Quoted prices of loans sold in securitization transactions, with a liquidity discount applied Quoted prices of loans sold in securitization transactions, with a liquidity discount applied Quoted prices of loans sold in securitization transactions, with a liquidity discount applied
Fair Value Measurements, Significant Unobservable Input Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies. Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies. Liquidity discount applied to the market value of a mortgage loans qualifying for sale to U.S. government agencies.
Liquidity Discount on Mortgage Loans Qualifying for Sale to US Govt Agencies 94.64% 92.69% 93.45%
[1] Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume
[2] Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume
[3] Discounted cash flows developed using discount rates primarily based on reference to interest rate spreads for comparable securities of similar duration and credit rating as determined by the nationally-recognized rating agencies, adjusted for lack of trading volume
[4] Interest rate yields used to value investment grade tax-exempt securities represent a spread of 360 to 446 basis points over average yields for comparable tax-exempt securities.
[5] Interest rate yields used to value investment grade tax-exempt securities represent a spread of 474 to 513 basis points over average yields for comparable tax-exempt securities.
[6] Interest rate yields used to value investment grade tax-exempt securities represent a spread of 467 to 525 basis points over average yields for comparable tax-exempt securities.
[7] Represents fair value as a percentage of par value.
[8] Represents fair value as a percentage of par value.
[9] Represents fair value as a percentage of par value.
[10] Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 3 percent.
[11] Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.
[12] Interest rate yields used to value investment grade taxable securities based on comparable short-term taxable securities which are generally yielding less than 1 percent.
v3.7.0.1
Fair Value Measurements, Fair Value Measured On a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Impaired Loans [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Gross charge-offs against allowance for loan losses $ 232 $ 7,041 $ 676 $ 29,186
Net losses and expenses of repossessed assets, net 0 0 0 0
Real estate and other repossessed assets [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Gross charge-offs against allowance for loan losses 0 0 0 0
Net losses and expenses of repossessed assets, net 772 751 906 1,068
Fair Value, Inputs, Level 1 [Member] | Impaired Loans [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value 0 0 0 0
Fair Value, Inputs, Level 1 [Member] | Real estate and other repossessed assets [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value 0 0 0 0
Fair Value, Inputs, Level 2 [Member] | Impaired Loans [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value 464 634 464 634
Fair Value, Inputs, Level 2 [Member] | Real estate and other repossessed assets [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value 3,488 5,709 3,488 5,709
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value 3,570 42,342 3,570 42,342
Fair Value, Inputs, Level 3 [Member] | Real estate and other repossessed assets [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Carrying Value $ 530 $ 1,693 $ 530 $ 1,693
v3.7.0.1
Fair Value Measurements Fair Value Measurement, Measured On Non-Recurring Basis, Signfiicant Unobservable Inputs, Quantitative Information (Details) - Fair Value, Measurements, Nonrecurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Impaired Loans [Member]    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Carrying Value $ 3,570 $ 42,342
Fair Value Measurements, Valuation Techniques Discounted cash flows Discounted cash flows
Fair Value Measurements, Significant Unobservable Input Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs Recoverable oil and gas reserves, forward-looking commodity prices, estimated operating costs
Fair Value of Impaired Loans as a Percentage of Unpaid Principal Balance [Abstract]    
Fair Value Measurements, Fair Value of Impaired Loans as a Percentage of Unpaid Principal Balance, Minimum [1] 75.00% 25.00%
Fair Value Measurements, Fair Value of Impaired Loans as a Percentage of Unpaid Principal Balance, Maximum [1] 90.00% 71.00%
Fair Value of Impaired Loans as a Percentage of Unpaid Principal Balance, Weighted Average [1] 83.00% 58.00%
Real estate and other repossessed assets [Member]    
Fair Value Inputs, Assets, Quantitative Information [Line Items]    
Carrying Value $ 530 $ 1,693
Fair Value Measurements, Valuation Techniques Appraised value, as adjusted Appraised value, as adjusted
Fair Value Measurements, Significant Unobservable Input Marketability adjustment off appraised value2 [2] Marketability adjustments off appraised value2 [3]
Fair Value of Real Estate and Other Repossessed Assets as a Percentage of Appraised Value [Abstract]    
Fair Value Measurement, Percentage of Appraised Value. Minimum 65.00% 68.00%
Fair Value Measurement, Percentage of Appraised Value, Maximum 88.00% 80.00%
Fair Value Measurement, Percentage of Appraised Value, Weighted Average 80.00% 71.00%
[1] Represents fair value as a percentage of the unpaid principal balance.
[2] Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.
[3] 2 Marketability adjustments include consideration of estimated costs to sell which is approximately 10% of the fair value.
v3.7.0.1
Fair Value Measurements, Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Interest-bearing cash and cash equivalents $ 2,078,831   $ 1,916,651 $ 1,907,838    
Trading securities 441,414   337,628 211,622    
Investment securities 490,426   546,145 560,711    
Available for sale securities 8,341,041   8,676,829 8,830,689    
Fair value option securities 445,169   77,046 263,265    
Residential mortgage loans held for sale 287,259   301,897 430,728    
Loans 17,183,645   16,989,660 16,406,749    
Allowance for loan losses (250,061) $ (248,710) (246,159) (243,259) $ (233,156) $ (225,524)
Loans, net of allowance 16,933,584   16,743,501 16,163,490    
Mortgage servicing rights 245,239 249,403 247,073 190,747 196,055 218,605
Derviative contracts, net of cash collateral, Assets, Fair value 280,289   689,872 883,673    
Time deposits 2,196,122   2,221,800 2,247,061    
Subordinated debentures 144,658   144,640 371,812    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 285,819   664,531 719,159    
Fair Value Assumptions and Methodology for Assets and Liabilities [Abstract]            
Specific allocation of allowance for loan losses included in fair value of loans 223,000   218,000 217,000    
Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 10,637,955   10,390,824 10,356,437    
Allowance for loan losses (137,742) (137,616) (140,213) (145,139) (139,793) (130,334)
Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 3,688,592   3,809,046 3,581,966    
Allowance for loan losses (58,580) (58,343) (50,749) (46,745) (44,453) (41,391)
Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 1,939,198   1,949,832 1,880,923    
Allowance for loan losses (18,259) (18,177) (18,224) (18,690) (18,467) (19,509)
Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 917,900   839,958 587,423    
Allowance for loan losses (8,106) $ (7,247) (8,773) (6,001) $ (5,022) $ (4,164)
U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 20,954   6,234 18,909    
U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 365,171   310,067 122,306    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 45,444   14,427 52,721    
Investment securities 267,375   320,364 334,551    
Available for sale securities 32,765   40,993 50,262    
Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 9,845   6,900 17,686    
U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 998   999 1,004    
Fair value option securities 0   0 25,306    
Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 103,383   115,535 126,313    
Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 205,016   205,004 202,410    
Available for sale securities 4,152   4,152 4,151    
Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 16,568   18,474 17,931    
Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 18,728   18,357 18,814    
Carrying (Reported) Amount, Fair Value Disclosure [Member]            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Cash and due from banks 561,587   620,846 498,713    
Interest-bearing cash and cash equivalents 2,078,831   1,916,651 1,907,838    
Trading securities 441,414   337,628 211,622    
Investment securities 490,426   546,145 560,711    
Available for sale securities 8,341,041   8,676,829 8,830,689    
Fair value option securities       263,265    
Residential mortgage loans held for sale 287,259   301,897 430,728    
Loans 17,183,645   16,989,660 16,406,749    
Allowance for loan losses (250,061)   (246,159) (243,259)    
Loans, net of allowance 16,933,584   16,743,501 16,163,490    
Mortgage servicing rights 245,239   247,073 190,747    
Derviative contracts, net of cash collateral, Assets, Fair value 280,289   689,872 883,673    
Deposits with no stated maturity 20,120,352   20,526,295 18,512,740    
Time deposits 2,196,122   2,221,800 2,247,061    
Other borrowed funds 5,696,666   5,572,662 6,360,199    
Subordinated debentures 144,658   144,640 371,812    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 285,819   664,531 719,159    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 10,637,955   10,390,824 10,356,437    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 3,688,592   3,809,046 3,581,966    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 1,939,198   1,949,832 1,880,923    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 917,900   839,958 587,423    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 20,954   6,234 18,909    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 365,171   310,067 122,306    
Investment securities 18,035   20,777 23,750    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 45,444   14,427 52,721    
Investment securities 267,375   320,364 334,551    
Available for sale securities 32,765   40,993 50,262    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 9,845   6,900 17,686    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 998   999 1,004    
Fair value option securities       25,306    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 103,383   115,535 126,313    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 205,016   205,004 202,410    
Available for sale securities 4,152   4,152 4,151    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 16,568   18,474 17,931    
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 18,728   18,357 18,814    
Estimate of Fair Value, Fair Value Disclosure [Member]            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Cash and due from banks 561,587   620,846 498,713    
Interest-bearing cash and cash equivalents 2,078,831   1,916,651 1,907,838    
Trading securities 441,414   337,628 211,622    
Investment securities 515,675   565,493 599,062    
Available for sale securities 8,341,041   8,676,829 8,830,689    
Fair value option securities       263,265    
Residential mortgage loans held for sale 287,259   301,897 430,728    
Loans 16,909,701   17,178,060 16,231,640    
Allowance for loan losses 0   0 0    
Loans, net of allowance 16,909,701   17,178,060 16,231,640    
Mortgage servicing rights 245,239   247,073 190,747    
Derviative contracts, net of cash collateral, Assets, Fair value 280,289   689,872 883,673    
Deposits with no stated maturity 20,120,352   20,526,295 18,512,740    
Time deposits 2,164,115   2,218,303 2,252,212    
Other borrowed funds 5,664,273   5,556,327 6,342,885    
Subordinated debentures 147,204   128,903 371,808    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 285,819   664,531 719,159    
Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 10,413,704   10,437,016 10,172,701    
Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 3,636,365   3,850,981 3,563,378    
Estimate of Fair Value, Fair Value Disclosure [Member] | Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 1,950,577   2,025,159 1,913,208    
Estimate of Fair Value, Fair Value Disclosure [Member] | Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 909,055   864,904 582,353    
Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 20,954   6,234 18,909    
Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 365,171   310,067 122,306    
Investment securities 18,642   21,473 25,233    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Estimate of Fair Value, Fair Value Disclosure [Member] | Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 45,444   14,427 52,721    
Investment securities 270,531   321,225 340,700    
Available for sale securities 32,765   40,993 50,262    
Estimate of Fair Value, Fair Value Disclosure [Member] | Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 9,845   6,900 17,686    
Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 998   999 1,004    
Fair value option securities       25,306    
Estimate of Fair Value, Fair Value Disclosure [Member] | Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 103,383   115,535 126,313    
Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Estimate of Fair Value, Fair Value Disclosure [Member] | Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 226,502   222,795 233,129    
Available for sale securities 4,152   4,152 4,151    
Estimate of Fair Value, Fair Value Disclosure [Member] | Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 16,568   18,474 17,931    
Estimate of Fair Value, Fair Value Disclosure [Member] | Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 18,728   18,357 18,814    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Cash and due from banks 561,587   620,846 498,713    
Interest-bearing cash and cash equivalents 2,078,831   1,916,651 1,907,838    
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 4,514   4,494 4,789    
Fair value option securities       25,306    
Residential mortgage loans held for sale 0   0 0    
Loans 0   0 0    
Allowance for loan losses 0   0 0    
Loans, net of allowance 0   0 0    
Mortgage servicing rights 0   0 0    
Derviative contracts, net of cash collateral, Assets, Fair value 46,366   7,541 7,246    
Deposits with no stated maturity 0   0 0    
Time deposits 0   0 0    
Other borrowed funds 0   0 0    
Subordinated debentures 0   0 0    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 20,915   6,972 4,808    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 0   0 0    
Fair value option securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 998   999 1,004    
Fair value option securities       25,306    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 0   0 0    
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 3,516   3,495 3,785    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Cash and due from banks 0   0 0    
Interest-bearing cash and cash equivalents 0   0 0    
Trading securities 441,414   337,628 211,622    
Investment securities 515,675   565,493 599,062    
Available for sale securities 8,327,720   8,662,394 8,812,149    
Fair value option securities       237,959    
Residential mortgage loans held for sale 274,524   290,280 420,979    
Loans 0   0 0    
Allowance for loan losses 0   0 0    
Loans, net of allowance 0   0 0    
Mortgage servicing rights 0   0 0    
Derviative contracts, net of cash collateral, Assets, Fair value 233,923   682,331 876,427    
Deposits with no stated maturity 0   0 0    
Time deposits 0   0 0    
Other borrowed funds 0   0 0    
Subordinated debentures 147,204   128,903 150,234    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 264,904   657,559 714,351    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 0   0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 20,954   6,234 18,909    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 365,171   310,067 122,306    
Investment securities 18,642   21,473 25,233    
Available for sale securities 5,382,377   5,460,386 5,700,268    
Fair value option securities 445,169   77,046 237,959    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 45,444   14,427 52,721    
Investment securities 270,531   321,225 340,700    
Available for sale securities 28,110   35,204 40,662    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 9,845   6,900 17,686    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair value option securities       0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 103,383   115,535 126,313    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 2,782,070   3,017,933 2,911,946    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 226,502   222,795 233,129    
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 16,568   18,474 17,931    
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 15,212   14,862 15,029    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Cash and due from banks 0   0 0    
Interest-bearing cash and cash equivalents 0   0 0    
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 8,807   9,941 13,751    
Fair value option securities       0    
Residential mortgage loans held for sale 12,735   11,617 9,749    
Loans 16,909,701   17,178,060 16,231,640    
Allowance for loan losses 0   0 0    
Loans, net of allowance 16,909,701   17,178,060 16,231,640    
Mortgage servicing rights 245,239   247,073 190,747    
Derviative contracts, net of cash collateral, Assets, Fair value 0   0 0    
Deposits with no stated maturity 20,120,352   20,526,295 18,512,740    
Time deposits 2,164,115   2,218,303 2,252,212    
Other borrowed funds 5,664,273   5,556,327 6,342,885    
Subordinated debentures 0   0 221,574    
Derivative contracts, net of cash collateral, Liabilities, Fair Value 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 10,413,704   10,437,016 10,172,701    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial real estate            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 3,636,365   3,850,981 3,563,378    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Residential mortgage            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 1,950,577   2,025,159 1,913,208    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Personal            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Loans 909,055   864,904 582,353    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency debentures            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. government agency residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 0   0 0    
Fair value option securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Municipal and other tax-exempt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Investment securities 0   0 0    
Available for sale securities 4,655   5,789 9,600    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other trading securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Trading securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | U.S. Treasury            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair value option securities       0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Privately issued residential mortgage-backed securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commercial mortgage-backed securities guaranteed by U.S. government agencies            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other debt securities            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Investment securities 0   0 0    
Available for sale securities 4,152   4,152 4,151    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Perpetual preferred stock            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities 0   0 0    
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Equity securities and mutual funds            
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]            
Available for sale securities $ 0   $ 0 $ 0    
v3.7.0.1
Fair Value Measurements Financial Instruments, Quantitative Information (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Time deposits [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 0.03% 0.03% 0.02%
Contractual Yield, Maximum 10.00% 9.64% 9.65%
Repricing (in years) 1 year 332 days 2 years 55 days 1 year 350 days
Discount Rate, Minimum 1.81% 1.16% 1.57%
Discount Rate, Maximum 2.12% 1.43% 2.00%
Other borrowings [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 0.25% 0.25% 0.25%
Contractual Yield, Maximum 3.58% 3.28% 3.50%
Repricing (in years) 7 days 7 days 1 day
Discount Rate, Minimum 1.06% 0.30% 0.55%
Discount Rate, Maximum 3.69% 2.92% 3.22%
Subordinated debentures [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 5.38% 1.32% 5.38%
Contractual Yield, Maximum 5.38% 5.38% 5.38%
Repricing (in years) 16 years 329 days 8 years 128 days 16 years 314 days
Discount Rate, Minimum 4.89% 2.16% 6.11%
Discount Rate, Maximum 4.89% 5.38% 6.11%
Commercial | Loans Receivable [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 0.38% 0.38% 0.38%
Contractual Yield, Maximum 30.00% 30.00% 30.00%
Repricing (in years) 234 days 252 days 256 days
Discount Rate, Minimum 0.71% 0.55% 0.64%
Discount Rate, Maximum 4.56% 3.68% 4.60%
Commercial real estate | Loans Receivable [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 0.38% 0.38% 0.38%
Contractual Yield, Maximum 18.00% 18.00% 18.00%
Repricing (in years) 281 days 266 days 259 days
Discount Rate, Minimum 1.03% 0.80% 0.94%
Discount Rate, Maximum 4.31% 3.65% 4.27%
Residential mortgage | Loans Receivable [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 1.74% 1.70% 1.74%
Contractual Yield, Maximum 18.00% 18.00% 18.00%
Repricing (in years) 2 years 66 days 1 year 354 days 2 years 99 days
Discount Rate, Minimum 1.75% 1.25% 1.71%
Discount Rate, Maximum 4.19% 3.75% 4.26%
Personal | Loans Receivable [Member]      
Fair Value Inputs, Financial Instruments, Quantitative Information [Line Items]      
Contractual Yield, Minimum 0.25% 0.25% 0.25%
Contractual Yield, Maximum 21.00% 21.00% 21.00%
Repricing (in years) 102 days 128 days 146 days
Discount Rate, Minimum 0.70% 0.71% 1.03%
Discount Rate, Maximum 4.68% 3.91% 4.59%
v3.7.0.1
Federal and State Income Taxes Federal and State Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Effective Income Tax Rate Reconciliation, Amount [Abstract]        
Federal statutory tax $ 47,800 $ 33,869 $ 92,168 $ 55,715
Tax exempt revenue (3,224) (2,568) (6,335) (5,100)
Effect of state income taxes, net of federal benefit 2,944 1,557 5,389 3,858
Utilization of tax credits:        
Low-income housing tax credit, net of amortization (526) (572) (2,249) (1,882)
Other tax credits (363) (521) (727) (1,042)
Bank-owned life insurance (775) (810) (1,547) (1,601)
Share-based compensation 1,636 0 (2,301) 0
Other, net 213 (458) 1,410 1,977
Total income tax expense $ 47,705 $ 30,497 $ 85,808 $ 51,925
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
Federal statutory tax (in hundredths) 35.00% 35.00% 35.00% 35.00%
Tax exempt revenue (in hundredths) (2.40%) (2.70%) (2.40%) (3.20%)
Effect of state income taxes, net of federal benefit (in hundredths) 2.20% 1.60% 2.00% 2.40%
Utilization of tax credits: [Abstract]        
Low-income housing tax credit, net of amortization (in hundredths) (0.40%) (0.60%) (0.80%) (1.20%)
Other tax credits (in hundredths) (0.30%) (0.50%) (0.30%) (0.60%)
Effective Income Tax Rate Reconciliation, Deduction, Other, Percent 0.60% 0.80% 0.60% 1.00%
Share-based compensation (in hundredths) 1.20% 0.00% (0.90%) 0.00%
Other, net (in hundredths) 0.20% (0.50%) 0.60% 1.20%
Total (in hundredths) 34.90% 31.50% 32.60% 32.60%