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Derivatives (Tables)
3 Months Ended
Mar. 31, 2015
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 March 31, 2015 and December 31, 2014
 
(in thousands)
 
Asset Derivatives
 
Liability Derivatives
Derivatives not designated
 
March 31,
 
December 31,
 
March 31,
 
December 31,
as hedging instrument
 
2015
 
2014
 
2015
 
2014
Interest rate lock commitments
 
$
7,025

 
$
2,867

 
$

 
$

Interest rate forward sales commitments
 
264

 
16

 
4,243

 
2,627

Interest rate swaps
 
37,487

 
26,327

 
40,101

 
28,158

Total
 
$
44,776

 
$
29,210

 
$
44,344

 
$
30,785

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 months ended March 31, 2015 and 2014
 
(in thousands)
 
Three months ended
Derivatives not designated
 
March 31,
as hedging instrument
 
2015
 
2014
Interest rate lock commitments
 
$
4,157

 
$
688

Interest rate forward sales commitments
 
(5,104
)
 
(2,648
)
Interest rate swaps
 
(781
)
 
(1,214
)
Total
 
$
(1,728
)
 
$
(3,174
)
Offsetting Derivatives Assets
The following table summarizes the derivatives that have a right of offset as of March 31, 2015 and December 31, 2014:
(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
March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
37,487

 
$

 
$
37,487

 
$

 
$

 
$
37,487

Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
40,101

 
$

 
$
40,101

 
$

 
$
(40,101
)
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
26,327

 
$

 
$
26,327

 
$
(131
)
 
$

 
$
26,196

Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
28,158

 
$

 
$
28,158

 
$
(131
)
 
$
(28,027
)
 
$