Derivatives (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary Of Types Of Derivatives, Separately By Assets And Liabilities And Fair Value Of Derivatives

The following tables summarize the types of derivatives, separately by assets and liabilities, their locations on the Condensed Consolidated Balance Sheets, and the fair values of such derivatives as of September 30, 2013 and December 31, 2012: 

(in thousands)

		Asset Derivatives				Liability Derivatives
Derivatives not designated	Balance Sheet	September 30,		December 31,		September 30,		December 31,
as hedging instrument	Location	2013		2012		2013		2012
Interest rate lock commitments	Other assets/Other liabilities	$	3,008	$	1,496	$	—	$	18
Interest rate forward sales commitments	Other assets/Other liabilities	—		133		3,784		905
Interest rate swaps	Other assets/Other liabilities	14,477		22,213		13,211		22,048
Total		$	17,485	$	23,842	$	16,995	$	22,971

Summary Of Types Of Derivatives And Gains (Losses) Recorded

The following table summarizes the types of derivatives, their locations within the Condensed ConsolidatedStatements of Income, and the gains (losses) recorded during the three and nine months ended September 30, 2013 and 2012: 

(in thousands)

		Three months ended						Nine months ended
Derivatives not designated	Income Statement	September 30,						September 30,
as hedging instrument	Location	2013			2012			2013		2012
Interest rate lock commitments	Mortgage banking revenue	$	2,370		$	1,680		$	1,530	$	2,216
Interest rate forward sales commitments	Mortgage banking revenue	(3,239		)	(11,695		)	11,508		(21,504		)
Interest rate swaps	Other income	(738		)	(235		)	1,101		(352		)
Total		$	(1,607	)	$	(10,250	)	$	14,139	$	(19,640	)

Offsetting Derivatives Assets

The following table summarizes the offsetting derivatives assets that have a right of offset as of September 30, 2013 and December 31, 2012:

(in thousands)

							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets/Liabilities presented in the Statement of Financial Position		Financial Instruments			Collateral Posted			Net Amount
September 30, 2013
Derivative Assets
Interest rate swaps	$	14,477	$	—	$	14,477	$	(3,503	)	$	—		$	10,974
Derivative Liabilities
Interest rate swaps	$	13,211	$	—	$	13,211	$	(3,503	)	$	(9,708	)	$	—
December 31, 2012
Derivative Assets
Interest rate swaps	$	22,213	$	—	$	22,213	$	(16	)	$	—		$	22,197
Derivative Liabilities
Interest rate swaps	$	22,048	$	—	$	22,048	$	(16	)	$	(22,032	)	$	—