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Derivatives (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Credit Value Adjustment Recorded Related to Notional Amount Of Derivatives Outstanding
The following table depicts the credit value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks:
 
 
September 30, 2014
 
December 31, 2013
 
(dollars in thousands)
Derivatives not Designated as Hedging Instruments
 
 
 
Credit value adjustment
$
252

 
$
77

Notional Amount:
 
 
 
Interest rate derivatives
297,347

 
274,718

Interest rate caps
6,938

 
7,500

Risk participation agreements
113,296

 
82,197

Sold credit protection on risk participation agreements
(24,796
)
 
(19,161
)
Derivatives Designated as Hedging Instruments
 
 
 
Fair value adjustment
(26
)
 

Notional Amount - Interest rate derivatives
100,000

 

Schedule of Changes in Fair Value of Derivative Assets and Liabilities
The table below presents the amount representing the change in the fair value of derivative assets and derivative liabilities attributable to credit risk included in Other income on the Condensed Consolidated Statements of Income:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
 
(dollars in thousands)
Non-hedging interest rate derivatives
 
 
 
 
 
 
 
Increase in other income
$
137

 
$
206

 
$
147

 
$
1,273

Hedging interest rate derivatives
 
 
 
 
 
 
 
Increase in interest and fees on loans
29

 

 
29

 

Increase in other expense