XML 50 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9
Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Derivative Instrument Detail [Abstract]  
Schedule Of Notional Amounts Of Derivative Instruments

(In thousands)
March 31, 2015
December 31, 2014
Interest rate swaps
$
751,656

$
647,709

Interest rate caps
51,989

53,587

Credit risk participation agreements
75,624

75,943

Foreign exchange contracts
19,254

19,791

 Mortgage loan commitments
13,228


Mortgage loan forward sale contracts
1,633


Forward TBA contracts
11,500


Total notional amount
$
924,884

$
797,030

Schedule Of Fair Values Of Derivative Instruments
The fair values of the Company's derivative instruments, whose notional amounts are listed above, are shown in the table below. Derivative instruments with a positive fair value (asset derivatives) are reported in other assets in the consolidated balance sheets, while derivative instruments with a negative fair value (liability derivatives) are reported in other liabilities in the consolidated balance sheets. Information about the valuation methods used to determine fair value is provided in Note 13 on Fair Value Measurements.
 
Asset Derivatives
 
Liability Derivatives
 
Mar. 31, 2015
Dec. 31, 2014
 
Mar. 31, 2015
Dec. 31, 2014
(In thousands)    
  Fair Value
 
  Fair Value
Derivative instruments:
 
 
 
 
 
   Interest rate swaps
$
12,615

$
10,144

 
$
(12,615
)
$
(10,166
)
   Interest rate caps
34

62

 
(34
)
(62
)
   Credit risk participation agreements
3

3

 
(253
)
(226
)
   Foreign exchange contracts
155

248

 
(839
)
(494
)
   Mortgage loan commitments
408


 


   Mortgage loan forward sale contracts


 
(3
)

   Forward TBA contracts
15


 
(38
)

 Total
$
13,230

$
10,457

 
$
(13,782
)
$
(10,948
)
Summary Of The Effects Of Derivative Instruments On Consolidated Statements Of Income
The effects of derivative instruments on the consolidated statements of income are shown in the table below.



Location of Gain or (Loss) Recognized in Income on Derivatives
Amount of Gain or (Loss) Recognized in Income on Derivatives


 
For the Three Months Ended March 31
(In thousands)
 
2015
2014
Derivative instruments:
 
 
 
  Interest rate swaps
Other non-interest income
$
1,183

$
445

  Credit risk participation agreements
Other non-interest income
(27
)
105

  Foreign exchange contracts
Other non-interest income
(439
)
(170
)
  Mortgage loan commitments
Loan fees and sales
408


  Mortgage loan forward sale contracts
Loan fees and sales
(3
)

  Forward TBA contracts
Loan fees and sales
(5
)

Total
 
$
1,117

$
380

Balance Sheet Offsetting, Derivatives [Table Text Block]
 
 
 
 
Gross Amounts Not Offset in the Balance Sheet
 
(In thousands)
Gross Amount Recognized
Gross Amounts Offset in the Balance Sheet
Net Amounts Presented in the Balance Sheet
Financial Instruments
Collateral Received/Pledged
Net Amount
March 31, 2015
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
12,667

$

$
12,667

$
(49
)
$

$
12,618

Derivatives not subject to master netting agreements
563


563

 
 
 
Total derivatives
13,230


13,230

 
 
 
Liabilities:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
12,940

$

$
12,940

$
(49
)
$
(11,576
)
$
1,315

Derivatives not subject to master netting agreements
842


842

 
 
 
Total derivatives
13,782


13,782

 
 
 
December 31, 2014
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
10,209

$

$
10,209

$
(251
)
$

$
9,958

Derivatives not subject to master netting agreements
248


248

 
 
 
Total derivatives
10,457


10,457

 
 
 
Liabilities:
 
 
 
 
 
 
Derivatives subject to master netting agreements
$
10,454

$

$
10,454

$
(251
)
$
(8,738
)
$
1,465

Derivatives not subject to master netting agreements
494


494

 
 
 
Total derivatives
10,948


10,948