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Derivatives (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016 and December 31, 2015:  
(in thousands)
 
Asset Derivatives
 
Liability Derivatives
Derivatives not designated
 
March 31,
 
December 31,
 
March 31,
 
December 31,
as hedging instrument
 
2016
 
2015
 
2016
 
2015
Interest rate lock commitments
 
$
8,255

 
$
3,631

 
$

 
$

Interest rate forward sales commitments
 

 
1,155

 
4,309

 
971

Interest rate swaps
 
66,728

 
38,567

 
70,192

 
40,238

Foreign currency derivative
 
597

 
196

 
989

 
305

Total
 
$
75,580

 
$
43,549

 
$
75,490

 
$
41,514

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, 2016 and 2015:  
(in thousands)
 
Three Months Ended
Derivatives not designated
 
March 31,
as hedging instrument
 
2016
 
2015
Interest rate lock commitments
 
$
4,624

 
$
4,157

Interest rate forward sales commitments
 
(11,097
)
 
(5,104
)
Interest rate swaps
 
(1,793
)
 
(781
)
Foreign currency derivative
 
261

 
208

Total
 
$
(8,005
)
 
$
(1,520
)
Offsetting Derivatives Assets
The following table summarizes the derivatives that have a right of offset as of March 31, 2016 and December 31, 2015:
(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, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
66,728

 
$

 
$
66,728

 
$
(181
)
 
$

 
$
66,547

Foreign currency derivative
 
597

 

 
597

 

 

 
597

Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
70,192

 
$

 
$
70,192

 
$
(181
)
 
$
(70,011
)
 
$

Foreign currency derivative
 
989

 

 
989

 

 

 
989

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Derivative Assets
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
38,567

 
$

 
$
38,567

 
$
(198
)
 
$

 
$
38,369

Foreign currency derivative
 
196

 

 
196

 

 

 
196

Derivative Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
40,238

 
$

 
$
40,238

 
$
(198
)
 
$
(40,040
)
 
$

Foreign currency derivative
 
305

 

 
305

 

 

 
305