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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2012
Derivative Instruments and Hedging Activities [Abstract]  
Notional amounts and fair values of derivatives not designated as hedging instruments
                                         
          Derivative Assets     Derivative Liabilities  
(Dollars in thousands)   Notional
Amount
    Balance Sheet
Classification
    Fair
Value
    Balance Sheet
Classification
    Fair
Value
 

At December 31, 2012

                                       

Interest rate locks with customers

  $ 51,768       Other Assets     $  1,547       —       $   —    

Forward loan sale commitments

    56,263       —         —         Other Liabilities       54  
   

 

 

           

 

 

           

 

 

 

Total

  $ 108,031             $ 1,547             $ 54  
   

 

 

           

 

 

           

 

 

 

At December 31, 2011

                                       

Interest rate locks with customers

  $ 35,934       Other Assets     $ 1,079       —       $ —    

Forward loan sale commitments

    39,080       —         —         Other Liabilities       302  
   

 

 

           

 

 

           

 

 

 

Total

  $ 75,014             $ 1,079             $ 302  
   

 

 

           

 

 

           

 

 

 
Notional amounts and fair values of derivatives designated as hedging instruments
                                         
          Derivative Assets     Derivative Liabilities  
(Dollars in thousands)   Notional
Amount
    Balance Sheet
Classification
    Fair
Value
    Balance Sheet
Classification
    Fair
Value
 

At December 31, 2012

                                       

Interest rate swap – cash flow hedge

  $ 20,000       —       $   —         Other Liabilities     $ 1,909  
   

 

 

           

 

 

           

 

 

 

Total

  $ 20,000             $ —               $ 1,909  
   

 

 

           

 

 

           

 

 

 

At December 31, 2011

                                       

Interest rate swap – cash flow hedge

  $ 20,000       —       $ —         Other Liabilities     $ 1,435  
   

 

 

           

 

 

           

 

 

 

Total

  $ 20,000             $ —               $ 1,435  
   

 

 

           

 

 

           

 

 

 
Income for derivatives not designated as hedging instruments
                             
   

Statement of Income

Classification

  Years Ended December 31,  
(Dollars in thousands)     2012     2011     2010  

Interest rate locks with customers

  Net gain (loss) on mortgage banking activities   $ 467     $ 549     $ 506  

Forward loan sale commitments

  Net gain (loss) on mortgage banking activities     248       (572     138  
       

 

 

   

 

 

   

 

 

 

Total

      $ 715     $ (23   $ 644  
       

 

 

   

 

 

   

 

 

 
Income for derivatives designated as hedging instruments
                             
    Statement of Income
Classification
  Years Ended December 31,  
(Dollars in thousands)     2012     2011     2010  

Interest rate swap – fair value hedge – interest payments*

  Interest income   $ —       $ —       $ (374

Interest rate swap – fair value hedge*

  Net loss on interest rate swap     —         —         (1,072

Interest rate swap – cash flow hedge – interest payments

  Interest expense     448       475       468  

Interest rate swap – cash flow hedge – ineffectiveness

  Interest expense     —         —         —    
       

 

 

   

 

 

   

 

 

 

Net loss

      $ (448   $ (475   $ (1,914
       

 

 

   

 

 

   

 

 

 
Amounts included in accumulated other comprehensive income for derivatives designated as hedging instruments
                                 
    Accumulated other
comprehensive (loss)
income
    At December 31,  
(Dollars in thousands)     2012     2011     2010  

Interest rate swap – cash flow hedge

    Fair value, net of taxes     $ (1,241   $ (932   $ 320  
           

 

 

   

 

 

   

 

 

 

Total

          $ (1,241   $ (932   $ 320