Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

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, 2014 and December 31, 2013:



	March 31, 2014				December 31, 2013
Derivative Financial Instruments Not Designated as Hedging Instruments¹(dollars in thousands)	Asset Derivatives		Liability Derivatives		Asset Derivatives		Liability Derivatives
Interest Rate Lock Commitments	$	443	$	—	$	574	$	38
Forward Commitments	11		8		215		4
Interest Rate Swap Agreements	19,849		20,003		20,852		21,009
Foreign Exchange Contracts	67		157		128		900
Total	$	20,370	$	20,168	$	21,769	$	21,951


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 and losses recognized in the consolidated statements of income for the three months ended March 31, 2014 and 2013:



	Location of
Derivative Financial Instruments	Net Gains (Losses)	Three Months Ended
Not Designated as Hedging Instruments	Recognized in the	March 31,
(dollars in thousands)	Statements of Income	2014			2013
Interest Rate Lock Commitments	Mortgage Banking	$	1,101		$	3,258
Forward Commitments	Mortgage Banking	(354		)	2,229
Interest Rate Swap Agreements	Other Noninterest Income	4			20
Foreign Exchange Contracts	Other Noninterest Income	799			897
Total		$	1,550		$	6,404