Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Financial Instruments with Off Balance Sheet Risk

The contractual and notional amounts of financial instruments with off-balance sheet risk are as follows:

(Dollars in thousands)	Jun 30, 2013		Dec 31, 2012
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit:
Commercial loans		$225,599		$223,426
Home equity lines	195,981		184,941
Other loans	29,152		30,504
Standby letters of credit	1,222		1,039
Financial instruments whose notional amounts exceed the amount of credit risk:
Forward loan commitments:
Commitments to originate fixed-rate mortgage loans to be sold	51,435		67,792
Commitments to sell fixed-rate mortgage loans	80,598		116,162
Customer related derivative contracts:
Interest rate swaps with customers	65,334		70,493
Mirror swaps with counterparties	65,334		70,493
Interest rate risk management contract:
Interest rate swap	22,681		32,991

Schedule of Future Minimum Operating Lease Payments

Leases

As of June 30, 2013 and December 31, 2012, the Corporation was obligated under various non-cancellable operating leases for properties used as banking offices and other office facilities.  Rental expense under the operating leases amounted to $672 thousand and $1.3 million, respectively, for the three and six months ended June 30, 2013, compared to $770 thousand and $1.4 million, respectively, for the same periods in 2012. Rental expense is recorded as a component of net occupancy expense in the accompanying Consolidated Statements of Income.

As of June 30, 2013, the minimum annual lease payments under the terms of these leases, exclusive of renewal provisions, are as follows:

(Dollars in thousands)
July 1, 2013 to December 31, 2013		$1,176
2014	2,407
2015	1,895
2016	1,618
2017	1,450
Thereafter	14,612
Total minimum lease payments		$23,158

Lease expiration date ranges have not changed significantly since December 31, 2012.