Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Notional Amounts and Fair Values of Derivatives Not Designated as Hedging Instruments

The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2013 and December 31, 2012:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2013
Interest rate locks with customers	$	22,340	Other Assets	$	849	—	$	—
Forward loan sale commitments		25,809	—		—	Other Liabilities		361
Total	$	48,149		$	849		$	361
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

Notional Amounts and Fair Values of Derivatives Designated as Hedging Instruments

The following table presents the notional amounts and fair values of derivatives designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2013 and December 31, 2012:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet  Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2013
Interest rate swap – cash flow hedge	$	—	—	$	—	—	$	—
Total	$	—		$	—		$	—
At December 31, 2012
Interest rate swap – cash flow hedge	$	20,000	—	$	—	Other Liabilities	$	1,909
Total	$	20,000		$	—		$	1,909

Income for Derivatives Not Designated as Hedging Instruments

For the three and nine months ended September 30, 2013 and 2012, the amounts included in the consolidated statements of income for derivatives not designated as hedging instruments are shown in the table below:

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
(Dollars in thousands)	Statement of Income Classification	2013			2012			2013			2012
Interest rate locks with customers	Net gain (loss) on mortgage banking activities	$	913		$	1,394		$	(698	)	$	2,341
Forward loan sale commitments	Net loss on mortgage banking activities		(1,133	)		(617	)		(307	)		(727	)
Total		$	(220	)	$	777		$	(1,005	)	$	1,614

Income for Derivatives Designated as Hedging Instruments

For the three and nine months ended September 30, 2013 and 2012, the amounts included in the consolidated statements of income for derivatives designated as hedging instruments are shown in the table below:

		Three Months Ended					Nine Months Ended
	Statement of Income	September 30,					September 30,
(Dollars in thousands)	Classification	2013		2012			2013			2012
Interest rate swap – cash flow hedge – loss on termination	Net loss on termination of interest rate swap	$	—	$	—		$	(1,866	)	$	—
Interest rate swap – cash flow hedge – interest payments	Interest expense		—		112			124			331
Interest rate swap – cash flow hedge—ineffectiveness	Interest expense		—		—			—			—
Net loss		$	—	$	(112	)	$	(1,990	)	$	(331	)

Amounts Included in Accumulated Other Comprehensive (Loss) Income for Derivatives Designated as Hedging Instruments

At September 30, 2013 and December 31, 2012, the amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments are shown in the table below:

(Dollars in thousands)	Accumulated other comprehensive (loss) income	At September 30, 2013		At December 31, 2012
Interest rate swap – cash flow hedge	Fair value, net of taxes	$	—	$	(1,241	)
Total		$	—	$	(1,241	)