The following table presents the assets and liabilities subject to an enforceable master netting arrangement, or repurchase agreements, as of September 30, 2013 and December 31, 2012. The swap agreements we have with our commercial banking customers are not subject to an enforceable master netting arrangement, and therefore, are excluded from this table.



	(i)		(ii)		(iii) = (i)-(ii)		(iv)				(v) = (iii)-(iv)
	Gross Amounts Recognized in the Statements of Condition		Gross Amounts Offset in the Statements of Condition		Net Amounts Presented in the Statements of Condition		Gross Amounts Not Offset in the Statements of Condition
(dollars in thousands)	Gross Amounts Recognized in the Statements of Condition		Gross Amounts Offset in the Statements of Condition		Net Amounts Presented in the Statements of Condition		Netting Adjustments per Master Netting Arrangements		Fair Value of Collateral Pledged (a)		Net Amount
September 30, 2013
Assets:
Interest Rate Swap Agreements:
Institutional Counterparties	$	71	$	—	$	71	$	71	$	—	$	—

Liabilities:
Interest Rate Swap Agreements:
Institutional Counterparties	$	23,277	$	—	$	23,277	$	71	$	2,480	$	20,726

Repurchase Agreements:
Private Institutions	600,000		—		600,000		—		600,000		—
Government Entities	247,239		—		247,239		—		247,239		—
	$	847,239	$	—	$	847,239	$	—	$	847,239	$	—

December 31, 2012
Liabilities:
Interest Rate Swap Agreements:
Institutional Counterparties	$	32,441	$	—	$	32,441	$	—	$	3,299	$	29,142

Repurchase Agreements:
Private Institutions	600,000		—		600,000		—		600,000		—
Government Entities	158,947		—		158,947		—		158,947		—
	$	758,947	$	—	$	758,947	$	—	$	758,947	$	—

(a) The application of collateral cannot reduce the net amount below zero. Therefore, excess collateral is not reflected in this table. For repurchase agreements with private institutions, the fair value of securities pledged was $0.7 billion and $0.8 billion as of September 30, 2013 and December 31, 2012, respectively. For repurchase agreements with government entities, the investment securities pledged to each government entity collectively secure both deposits as well as repurchase agreements. The Company had government entity deposits totaling $1.2 billion and $1.4 billion as of September 30, 2013 and December 31, 2012, respectively. The investment securities pledged as of September 30, 2013 and December 31, 2012 had a fair value of $1.9 billion and $2.2 billion, respectively