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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2014
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, 2014
 
December 31, 2013
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
(in thousands)
Interest Rate Locks with Customers
 
 
 
 
 
 
 
Positive fair values
$
91,145

 
$
1,202

 
$
75,217

 
$
867

Negative fair values
1,258

 
(5
)
 
11,393

 
(59
)
Net interest rate locks with customers

 
1,197

 

 
808

Forward Commitments
 
 
 
 
 
 
 
Positive fair values
4,904

 
2

 
87,904

 
1,263

Negative fair values
95,750

 
(242
)
 
2,373

 
(5
)
Net forward commitments
 
 
(240
)
 
 
 
1,258

Interest Rate Swaps with Customers
 
 
 
 
 
 
 
Positive fair values
228,588

 
4,955

 
111,899

 
2,105

Negative fair values
81,163

 
(1,638
)
 
105,673

 
(2,993
)
Net interest rate swaps with customers
 
 
3,317

 
 
 
(888
)
Interest Rate Swaps with Dealer Counterparties
 
 
 
 
 
 
 
Positive fair values
81,163

 
1,638

 
105,673

 
2,993

Negative fair values
228,588

 
(4,955
)
 
111,899

 
(2,105
)
Net interest rate swaps with dealer counterparties
 
 
(3,317
)
 
 
 
888

Foreign Exchange Contracts with Customers
 
 
 
 
 
 
 
Positive fair values
9,927

 
56

 
2,150

 
24

Negative fair values
9,965

 
(183
)
 
12,775

 
(343
)
Net foreign exchange contracts with customers
 
 
(127
)
 
 
 
(319
)
Foreign Exchange Contracts with Correspondent Banks
 
 
 
 
 
 
 
Positive fair values
15,036

 
198

 
17,348

 
498

Negative fair values
4,466

 
(16
)
 
5,872

 
(48
)
Net foreign exchange contracts with correspondent banks
 
 
182

 
 
 
450

Net derivative fair value asset
 
 
$
1,012

 
 
 
$
2,197
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:
 
Three months ended
March 31
 
2014
 
2013
 
(in thousands)
Interest rate locks with customers
$
389

 
$
(2,538
)
Forward commitments
(1,498
)
 
428

Interest rate swaps with customers
4,205

 
(408
)
Interest rate swaps with dealer counterparties
(4,205
)
 
408

Foreign exchange contracts with customers
192

 
460

Foreign exchange contracts with correspondent banks
(268
)
 
418

Net fair value losses on derivative financial instruments
$
(1,185
)
 
$
(1,232
)