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Derivatives (Tables)
12 Months Ended
Dec. 31, 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 Consolidated Balance Sheets, and the fair values of such derivatives as of December 31, 2013 and December 31, 2012
 
(in thousands)
 
 
 
 
Asset Derivatives
 
Liability Derivatives
Derivatives not designated
 
Balance Sheet
 
December 31,
 
December 31,
 
December 31,
 
December 31,
as hedging instrument
 
Location
 
2013
 
2012
 
2013
 
2012
Interest rate lock commitments
 
Other assets/Other liabilities
 
$
706

 
$
1,496

 
$

 
$
18

Interest rate forward sales commitments
 
Other assets/Other liabilities
 
1,250

 
133

 
6

 
905

Interest rate swaps
 
Other assets/Other liabilities
 
15,965

 
22,213

 
14,556

 
22,048

Total
 
 
 
$
17,921

 
$
23,842

 
$
14,562

 
$
22,971

Summary Of Types Of Derivatives And Gains (Losses) Recorded
The following table summarizes the types of derivatives, their locations within the Consolidated Statements of Income, and the gains (losses) recorded during the 2013, 2012, and 2011
 
(in thousands)
Derivatives not designated
 
Income Statement
 
December 31,
as hedging instrument
 
Location
 
2013
 
2012
 
2011
Interest rate lock commitments
 
Mortgage banking revenue
 
$
(772
)
 
$
(271
)
 
$
1,613

Interest rate forward sales commitments
 
Mortgage banking revenue
 
13,225

 
(21,281
)
 
(10,579
)
Interest rate swaps
 
Other income
 
1,243

 
336

 
(187
)
Total
 
 
 
$
13,696

 
$
(21,216
)
 
$
(9,153
)
Offsetting Derivatives Assets
The following table summarizes the offsetting derivatives assets that have a right of offset as of December 31, 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
December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
15,965

 
$

 
$
15,965

 
$
(4,852
)
 
$
(2,207
)
 
$
8,906

Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
14,556

 
$

 
$
14,556

 
$
(4,852
)
 
$
(9,704
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
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
)
 
$