Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2014

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)	Mar 31, 2014		Dec 31, 2013
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit:
Commercial loans		$282,716		$259,061
Home equity lines	196,744		198,432
Other loans	36,139		35,175
Standby letters of credit	2,903		1,363
Financial instruments whose notional amounts exceed the amount of credit risk:
Forward loan commitments:
Interest rate lock commitments	26,779		17,910
Commitments to sell residential real estate mortgage loans	36,931		29,364
Customer related derivative contracts:
Interest rate swaps with customers	111,986		105,582
Mirror swaps with counterparties	111,986		105,582
Interest rate risk management contracts:
Interest rate swaps	22,681		22,681

Schedule of Future Minimum Operating Lease Payments

Leases

As of March 31, 2014 and December 31, 2013, 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 $737 thousand for the three months ended March 31, 2014, compared to $665 thousand for the same period in 2013. Rental expense is recorded as a component of net occupancy expense in the accompanying Consolidated Statements of Income.

As of March 31, 2014, the minimum annual lease payments under the terms of these leases, exclusive of renewal provisions, are as follows:

(Dollars in thousands)
April 1, 2014 to December 31, 2014		$1,884
2015	2,269
2016	1,957
2017	1,819
2018	1,552
Thereafter	13,833
Total minimum lease payments		$23,314