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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Eurodollar Futures Positions
($ in thousands)
Eurodollar Futures Positions
As of March 31, 2015
Repurchase Agreement Funding HedgesJunior Subordinated Debt Funding Hedges
WeightedAverageWeightedAverage
AverageContractAverageContract
LIBORNotionalOpenLIBORNotionalOpen
Expiration YearRateAmountEquity(1)RateAmountEquity(1)
20150.53%$ 38,667 $ (56)0.49%$ 26,000 $ (210)
20161.13% 56,000 (184)1.13% 26,000 (168)
20171.74% 56,000 (274)1.74% 26,000 (193)
20182.05% 56,000 (166)2.05% 26,000 (115)
Total / Weighted Average1.38%$ 52,000 $ (680)1.31%$ 26,000 $ (686)
Cash posted as collateral, included in restricted cash$529

($ in thousands)
Eurodollar Futures Positions
As of December 31, 2014
Repurchase Agreement Funding HedgesJunior Subordinated Debt Funding Hedges
WeightedAverageWeightedAverage
AverageContractAverageContract
LIBORNotionalOpenLIBORNotionalOpen
Expiration YearRateAmountEquity(1)RateAmountEquity(1)
20150.63%$ 36,500 $ (5)0.57%$ 26,000 $ (237)
20161.54% 56,000 46 1.54% 26,000 (61)
20172.23% 56,000 (3)2.23% 26,000 (67)
20182.51% 56,000 (38)2.51% 26,000 (56)
Total / Weighted Average1.72%$ 50,429 $ - 1.60%$ 26,000 $ (421)
Cash posted as collateral, included in restricted cash$ 476
Income Statement Effect of Derivatives [Table Text Block]
(in thousands)
ConsolidatedParent-Only
2015201420152014
Eurodollar futures contracts (short positions)$ (1,015)$ (1,561)$ (1,015)$ (24)
Payer swaptions - (156) - -
Net losses on derivative instruments$ (1,015)$ (1,717)$ (1,015)$ (24)