Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Values of Derivative Financial Instruments

The following table presents a summary of the notional amounts and fair values of derivative financial instruments:

	March 31, 2013					December 31, 2012
	Notional Amount		Asset (Liability) Fair Value			Notional Amount		Asset (Liability) Fair Value
	(in thousands)
Interest Rate Locks with Customers
Positive fair values	$	232,548	$	4,412		$	314,416	$	6,912
Negative fair values	16,306		(193		)	9,714		(155		)
Net interest rate locks with customers			4,219					6,757
Forward Commitments
Positive fair values	14,792		396			79,152		707
Negative fair values	229,351		(176		)	236,500		(915		)
Net forward commitments			220					(208		)
Interest Rate Swaps
Interest rate swaps with customers	146,789		6,682			130,841		7,090
Interest rate swaps with counterparties	146,789		(6,682		)	130,841		(7,090		)
Foreign Exchange Contracts with Customers
Positive fair values	17,645		399			1,941		137
Negative fair values	9,626		(150		)	10,199		(348		)
Net foreign exchange contracts with customers			249					(211		)
Foreign Exchange Contracts with Correspondent Banks
Positive fair values	42,386		1,422			60,106		1,064
Negative fair values	32,907		(1,061		)	37,557		(1,121		)
Net foreign exchange contracts with correspondent banks			361					(57		)
Net derivative fair value asset			$	5,049				$	6,281

Summary of Fair Value Gains and Losses on Derivative Financial Instruments

The following table presents a summary of the fair value gains and losses on derivative financial instruments for the three months ended March 31:

	2013			2012
	(in thousands)
Interest rate locks with customers	$	(2,538	)	$	809
Forward commitments	428			3,346
Interest rate swaps with customers	(408		)	525
Interest rate swaps with counterparties	408			(525		)
Foreign exchange contracts with customers	460			(1,050		)
Foreign exchange contracts with correspondent banks	418			1,551
Net fair value gains (losses) on derivative financial instruments	$	(1,232	)	$	4,656