Balance Sheet Offsetting (Tables)

3 Months Ended

Mar. 31, 2014

Offsetting [Abstract]

Balance Sheet Offsetting

	Gross Amounts		Gross Amounts Not Offset
	Recognized		on the Consolidated
	on the		Balance Sheets
	Consolidated		Financial			Cash			Net
	Balance Sheets		Instruments (1)			Collateral (2)			Amount
	(in thousands)
March 31, 2014
Interest rate swap derivative assets	$	6,593	$	(1,830	)	$	—		$	4,763
Foreign exchange derivative assets with correspondent banks	198		(16		)	—			182
Total	$	6,791	$	(1,846	)	$	—		$	4,945
Interest rate swap derivative liabilities	$	6,593	$	(1,830	)	$	(3,870	)	$	893
Foreign exchange derivative liabilities with correspondent banks	16		(16		)	—			—
Total	$	6,609	$	(1,846	)	$	(3,870	)	$	893
December 31, 2013
Interest rate swap derivative assets	$	5,098	$	(2,104	)	$	—		$	2,994
Interest rate swap derivative liabilities	$	5,098	$	(2,104	)	$	(730	)	$	2,264

(1) For interest rate swap and foreign exchange derivative assets, amounts represent any derivative liability fair values that could be offset in the event of counterparty or customer default. For interest rate swap and foreign exchange derivative liabilities, amounts represent any derivative asset fair values that could be offset in the event of counterparty or customer default.

(2) Amounts represent cash collateral posted on interest rate swap transactions with financial institution counterparties. Interest rate swaps with customers are collateralized by the underlying loans to those borrowers.