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BALANCE SHEET OFFSETTING
12 Months Ended
Dec. 31, 2014
Offsetting [Abstract]  
Balance Sheet Offsetting Disclosure [Text Block]
The following tables present the Company's asset and liability derivative positions and the potential effect of netting arrangements on its financial position, as of the periods indicated:
 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Position
 

Gross Amounts Recognized
Gross Amounts Offset in the Statement of Financial Position
Net Amounts Presented in the Statement of Financial Position
Financial Instruments (1)
Collateral Pledged
Net Amount
 
December 31, 2014
 
(Dollars in thousands)
Derivative Assets
 
Interest rate swaps
$

$

$

$

$

$

Loan level derivatives
18,383


18,383

272


18,111

Customer foreign exchange contracts
4,007


4,007



4,007

 
$
22,390

$

$
22,390

$
272

$

$
22,118

 
 
 
 
 
 
 
Derivative Liabilities
 
Interest rate swaps
$
5,571

$

$
5,571

$

$
5,571

$

Loan level derivatives
18,380


18,380

272

17,836

272

Customer foreign exchange contracts
3,984


3,984



3,984

Repurchase agreements
 
 
 
 
 
 
Customer repurchase agreements
147,890


147,890


147,890


Wholesale repurchase agreements
50,000


50,000


50,000


 
$
225,824

$

$
225,824

$
272

$
221,297

$
4,255


(1)
Reflects offsetting derivative positions with the same counterparty.
 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Position
 
 
Gross Amounts Recognized
Gross Amounts Offset in the Statement of Financial Position
Net Amounts Presented in the Statement of Financial Position
Financial Instruments (1)
Collateral Pledged
Net Amount
 
December 31, 2013
 
(Dollars in thousands)
Derivative Assets
 
Interest rate swaps
$

$

$

$

$

$

Loan level swaps
16,301


16,301

2,823


13,478

Customer foreign exchange contracts
396


396



396

 
$
16,697

$

$
16,697

$
2,823

$

$
13,874

 
 
 
 
 
 
 
Derivative Liabilities
 
Interest rate swaps
$
9,630

$

$
9,630

$

$
9,630

$

Loan level swaps
16,340


16,340

2,823

10,108

3,409

Customer foreign exchange contracts
390


390



390

Repurchase agreements
 
 
 
 
 
 
Customer repurchase agreements
149,288


149,288


149,288


Wholesale repurchase agreements
50,000


50,000


50,000


 
$
225,648

$

$
225,648

$
2,823

$
219,026

$
3,799

(1)
Reflects offsetting derivative positions with the same counterparty.