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Derivatives (Tables)
6 Months Ended
Jun. 30, 2014
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, and the fair values of such derivatives as of June 30, 2014 and December 31, 2013
 
(in thousands)
 
Asset Derivatives
 
Liability Derivatives
Derivatives not designated
 
June 30,
 
December 31,
 
June 30,
 
December 31,
as hedging instrument
 
2014
 
2013
 
2014
 
2013
Interest rate lock commitments
 
$
4,580

 
$
706

 
$
175

 
$

Interest rate forward sales commitments
 
21

 
1,250

 
4,700

 
6

Interest rate swaps
 
19,609

 
15,965

 
21,029

 
14,556

Total
 
$
24,210

 
$
17,921

 
$
25,904

 
$
14,562

Summary Of Types Of Derivatives And Gains (Losses) Recorded
The following table summarizes the types of derivatives and the gains (losses) recorded during the three and six months ended June 30, 2014 and 2013
 
(in thousands)
 
Three months ended
 
Six Months Ended
Derivatives not designated
 
June 30,
 
June 30,
as hedging instrument
 
2014
 
2013
 
2014
 
2013
Interest rate lock commitments
 
$
6,099

 
$
(3,307
)
 
$
6,787

 
$
(840
)
Interest rate forward sales commitments
 
(13,368
)
 
12,116

 
(16,016
)
 
14,748

Interest rate swaps
 
(1,787
)
 
1,823

 
(3,001
)
 
1,839

Total
 
$
(9,056
)
 
$
10,632

 
$
(12,230
)
 
$
15,747

Offsetting Derivatives Assets
The following table summarizes the offsetting derivatives assets that have a right of offset as of June 30, 2014 and December 31, 2013:
(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
June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
19,609

 
$

 
$
19,609

 
$
(1,689
)
 
$
(18,309
)
 
$
(389
)
Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
21,029

 
$

 
$
21,029

 
$
(1,689
)
 
$
(19,340
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
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
)
 
$