Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative financial instruments, their fair values, and balance sheet location

The following table presents the Company’s derivative financial instruments, their fair values, and balance sheet location as of March 31, 2013 and December 31, 2012:



	March 31, 2013				December 31, 2012
Derivative Financial Instruments Not Designated as Hedging Instruments¹(dollars in thousands)	Asset Derivatives		Liability Derivatives		Asset Derivatives		Liability Derivatives
Interest Rate Lock Commitments	$	5,210	$	4	$	10,188	$	—
Forward Commitments	490		184		189		329
Interest Rate Swap Agreements	29,689		29,917		32,193		32,441
Foreign Exchange Contracts	9		198		40		856
Total	$	35,398	$	30,303	$	42,610	$	33,626


¹	Asset derivatives are included in other assets and liability derivatives are included in other liabilities in the consolidated statements of condition.

Derivative financial instruments and the amount and location of the net gains or losses recognized in the statements of income

The following table presents the Company’s derivative financial instruments and the amount and location of the net gains recognized in the consolidated statements of income for the three months ended March 31, 2013 and 2012:



	Location of Net Gains	Three Months Ended
Derivative Financial Instruments Not Designated	Recognized in the	March 31,
as Hedging Instruments (dollars in thousands)	Statements of Income	2013		2012
Interest Rate Lock Commitments	Mortgage Banking	$	3,258	$	3,704
Forward Commitments	Mortgage Banking	2,229		266
Interest Rate Swap Agreements	Other Noninterest Income	20		16
Foreign Exchange Contracts	Other Noninterest Income	897		867
Total		$	6,404	$	4,853

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details