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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2013
Derivative Financial Instruments [Abstract]  
Notional amounts and estimated fair values of outstanding derivative positions

The notional amounts and estimated fair values of oil and gas derivative positions outstanding are presented in the following table:

 

                     
    March 31, 2013  

Oil and Natural Gas Swaps and Options

  Notional Units   Notional
Amount
    Estimated
Fair  Value
 
    (Notional amounts and dollars in thousands)  

Oil

                   

Derivative assets

  Barrels     877     $ 2,174  

Derivative liabilities

  Barrels     (877     (1,215

Natural Gas

                   

Derivative assets

  MMBTUs     4,653       1,250  

Derivative liabilities

  MMBTUs     (4,653     (443

Total Fair Value

  Included in                

Derivative assets

  Other assets             3,424  

Derivative liabilities

  Other liabilities             1,658  
Recognized derivative income included in other noninterest income

The following table is a summary of the Company’s recognized income related to the activity, which was included in other noninterest income:

 

                 
    Three Months Ended March 31,  
    2013     2012  
    (Dollars in thousands)  

Derivative income

  $ 108     $ 209  
Summary of the Company's net credit exposure relating to oil and gas swaps

The following table is a summary of the Company’s net credit exposure relating to oil and gas swaps and options with bank counterparties:

 

         
    March 31, 2013  
    (Dollars in thousands)  

Credit exposure

  $ 840