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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of amounts of non-hedging derivative financial instruments
The following table shows the amounts of non-hedging derivative financial instruments at December 31, 2015 and 2014.
 
 
 
 
Asset derivatives
 
Liability derivatives
(Dollars in thousands)
 
Notional or contractual amount
 
Statement of Financial Condition classification
 
Fair value
 
Statement of Financial Condition classification
 
Fair value
Interest rate swap contracts
 
$
554,083

 
Other assets
 
$
9,859

 
Other liabilities
 
$
10,044

Loan commitments
 
12,440

 
Mortgages held for sale
 
47

 
N/A
 
—

Forward contracts - mortgage loan
 
16,416

 
Mortgages held for sale
 
13

 
N/A
 
—

Total - December 31, 2015
 
$
582,939

 
 
 
$
9,919

 
 
 
$
10,044

 
 
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
 
$
459,508

 
Other assets
 
$
9,125

 
Other liabilities
 
$
9,302

Loan commitments
 
11,109

 
Mortgages held for sale
 
2

 
N/A
 
—

Forward contracts - mortgage loan
 
19,800

 
N/A
 
—

 
Mortgages held for sale
 
142

Total - December 31, 2014
 
$
490,417

 
 
 
$
9,127

 
 
 
$
9,444
Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments
The following table shows the amounts included in the Statements of Income for non-hedging derivative financial instruments at December 31, 2015, 2014 and 2013.
 
 
 
 
Gain (loss)
(Dollars in thousands)
 
Statement of Income classification
 
2015
 
2014
 
2013
Interest rate swap contracts
 
Other expense
 
$
(8
)
 
$
16

 
$
124

Interest rate swap contracts
 
Other income
 
1,045

 
357

 
716

Loan commitments
 
Mortgage banking income
 
45

 
(10
)
 
(208
)
Forward contracts - mortgage loan
 
Mortgage banking income
 
155

 
(263
)
 
154

Forward contracts - foreign exchange
 
Other income
 
—

 
79

 
(7
)
Total
 
 
 
$
1,237

 
$
179

 
$
779
Schedule of offsetting of financial assets and derivative assets
The following table shows the offsetting of financial assets and derivative assets at December 31, 2015 and 2014.
 
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Condition
 
 
(Dollars in thousands)
 
Gross Amounts of Recognized Assets
 
Gross Amounts Offset in the Statement of Financial Condition
 
Net Amounts of Assets Presented in the Statement of Financial Condition
 
Financial Instruments
 
Cash Collateral Received
 
Net Amount
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
10,016

 
$
157

 
$
9,859

 
$
—

 
$
—

 
$
9,859

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
9,492

 
$
367

 
$
9,125

 
$
—

 
$
—

 
$
9,125
Schedule of offsetting of financial liabilities and derivative liabilities
The following table shows the offsetting of financial liabilities and derivative liabilities at December 31, 2015 and 2014.
 
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Condition
 
 
(Dollars in thousands)
 
Gross Amounts of Recognized Liabilities
 
Gross Amounts Offset in the Statement of Financial Condition
 
Net Amounts of Liabilities Presented in the Statement of Financial Condition
 
Financial Instruments
 
Cash Collateral Pledged
 
Net Amount
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
10,201

 
$
157

 
$
10,044

 
$
—

 
$
9,833

 
$
211

Repurchase agreements
 
130,662

 
—

 
130,662

 
130,662

 
—

 
—

Total
 
$
140,863

 
$
157

 
$
140,706

 
$
130,662

 
$
9,833

 
$
211

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
9,669

 
$
367

 
$
9,302

 
$
—

 
$
9,018

 
$
284

Repurchase agreements
 
128,343

 
—

 
128,343

 
128,343

 
—

 
—

Total
 
$
138,012

 
$
367

 
$
137,645

 
$
128,343

 
$
9,018

 
$
284