Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the notional amount and fair value of the derivative financial instruments

The notional amount and fair value of the Company's derivative financial instruments as of March 31, 2015 and December 31, 2014 were as follows:

		March 31, 2015						December 31, 2014
(dollars in thousands)	Notional Amount			Fair Value			Notional Amount			Fair Value
Interest Rate Lock Commitments		$	4,967	$	303			$	2,354	$	152
Forward Commitments		3,777		(7		)		5,404		(13		)
Interest Rate Swap Agreements
Receive Fixed/Pay Variable Swaps		175,728		16,152				183,283		16,206
Pay Fixed/Receive Variable Swaps		175,728		(16,185		)		183,283		(16,240		)
Foreign Exchange Contracts		144		(110		)		44,240		(345		)

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, 2015 and December 31, 2014:

Derivative Financial Instruments	March 31, 2015				December 31, 2014
Not Designated as Hedging Instruments 1	Asset		Liability		Asset		Liability
(dollars in thousands)	Derivatives		Derivatives		Derivatives		Derivatives
Interest Rate Lock Commitments	$	303	$	—	$	152	$	—
Forward Commitments	1		8		—		13
Interest Rate Swap Agreements	16,152		16,185		16,262		16,296
Foreign Exchange Contracts	17		127		101		446
Total	$	16,473	$	16,320	$	16,515	$	16,755

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 endedMarch 31, 2015 and 2014:

	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	2015		2014
Interest Rate Lock Commitments	Mortgage Banking	$	587	$	1,101
Forward Commitments	Mortgage Banking	22		(354		)
Interest Rate Swap Agreements	Other Noninterest Income	—		4
Foreign Exchange Contracts	Other Noninterest Income	649		799
Total		$	1,258	$	1,550