| Offsetting of Financial Assets and Liabilities |
Offsetting of Financial Assets and Liabilities (Amounts in thousands)
| | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts of Recognized Assets / Liabilities | | Gross Amounts Offset (2) | | Net Amount Presented on the Statement of Financial Condition | | Gross Amounts Not Offset on the Statement of Financial Condition (3) | | Net Amount | | | | | Financial Instruments (4) | | Cash Collateral | | As of June 30, 2015 | | | | | | | | | | | | Financial assets: | | | | | | | | | | | | Derivatives (1): | | | | | | | | | | | | Interest rate contracts | $ | 50,916 |
| | $ | (7,847 | ) | | $ | 43,069 |
| | $ | — |
| | $ | — |
| | $ | 43,069 |
| Foreign exchange contracts | 3,866 |
| | (2,725 | ) | | 1,141 |
| | — |
| | — |
| | 1,141 |
| Risk participation agreements | 15 |
| | — |
| | 15 |
| | — |
| | — |
| | 15 |
| Mortgage banking derivatives | 58 |
| | (7 | ) | | 51 |
| | — |
| | — |
| | 51 |
| Total derivatives subject to a master netting agreement | 54,855 |
| | (10,579 | ) | | 44,276 |
| | — |
| | — |
| | 44,276 |
| Total derivatives not subject to a master netting agreement | 3,166 |
| | — |
| | 3,166 |
| | — |
| | — |
| | 3,166 |
| Total derivatives | $ | 58,021 |
| | $ | (10,579 | ) | | $ | 47,442 |
| | $ | — |
| | $ | — |
| | $ | 47,442 |
| Financial liabilities: | | | | | | | | | | | | Derivatives (1): | | | | | | | | | | | | Interest rate contracts | $ | 47,434 |
| | $ | (26,424 | ) | | $ | 21,010 |
| | $ | (17,015 | ) | | $ | — |
| | $ | 3,995 |
| Foreign exchange contracts | 4,462 |
| | (2,162 | ) | | 2,300 |
| | (1,863 | ) | | — |
| | 437 |
| Risk participation agreements | 41 |
| | — |
| | 41 |
| | (33 | ) | | — |
| | 8 |
| Mortgage banking derivatives | 7 |
| | (7 | ) | | — |
| | — |
| | — |
| | — |
| Total derivatives subject to a master netting agreement | 51,944 |
| | (28,593 | ) | | 23,351 |
| | (18,911 | ) | | — |
| | 4,440 |
| Total derivatives not subject to a master netting agreement | 1,345 |
| | — |
| | 1,345 |
| | — |
| | — |
| | 1,345 |
| Total derivatives | 53,289 |
| | (28,593 | ) | | 24,696 |
| | (18,911 | ) | | — |
| | 5,785 |
| Repurchase agreements | 150,801 |
| | — |
| | 150,801 |
| | (150,801 | ) | | — |
| | — |
| Total | $ | 204,090 |
| | $ | (28,593 | ) | | $ | 175,497 |
| | $ | (169,712 | ) | | $ | — |
| | $ | 5,785 |
|
| | (1) | All derivative contracts are over-the-counter contracts. |
| | (2) | Represents financial instrument and related cash collateral entered into with the same counterparty and subject to a master netting agreement. |
| | (3) | Collateralization is determined at the counterparty level. If overcollateralization exists, the amount shown is limited to the fair value of the financial instrument. |
| | (4) | Financial instruments are disclosed at fair value. Financial instrument collateral is allocated pro-rata amongst the derivative liabilities to which it relates. |
Offsetting of Financial Assets and Liabilities (Continued) (Amounts in thousands)
| | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts of Recognized Assets / Liabilities | | Gross Amounts Offset (2) | | Net Amount Presented on the Statement of Financial Condition | | Gross Amounts Not Offset on the Statement of Financial Condition (3) | | Net Amount | | | | | Financial Instruments (4) | | Cash Collateral | | As of December 31, 2014 | | | | | | | | | | | | Financial assets: | | | | | | | | | | | | Derivatives (1): | | | | | | | | | | | | Interest rate contracts | $ | 47,421 |
| | $ | (7,433 | ) | | $ | 39,988 |
| | $ | — |
| | $ | — |
| | $ | 39,988 |
| Foreign exchange contracts | 3,664 |
| | (3,154 | ) | | 510 |
| | — |
| | — |
| | 510 |
| Risk participation agreements | 19 |
| | (1 | ) | | 18 |
| | — |
| | — |
| | 18 |
| Total derivatives subject to a master netting agreement | 51,104 |
| | (10,588 | ) | | 40,516 |
| | — |
| | — |
| | 40,516 |
| Total derivatives not subject to a master netting agreement | 2,546 |
| | — |
| | 2,546 |
| | — |
| | — |
| | 2,546 |
| Total derivatives | 53,650 |
| | (10,588 | ) | | 43,062 |
| | — |
| | — |
| | 43,062 |
| Financial liabilities: | | | | | | | | | | | | Derivatives (1): | | | | | | | | | | | | Interest rate contracts | $ | 46,507 |
| | $ | (24,067 | ) | | $ | 22,440 |
| | $ | (17,755 | ) | | $ | — |
| | $ | 4,685 |
| Foreign exchange contracts | 2,421 |
| | (1,202 | ) | | 1,219 |
| | (965 | ) | | — |
| | 254 |
| Risk participation agreements | 24 |
| | — |
| | 24 |
| | (19 | ) | | — |
| | 5 |
| Total derivatives subject to a master netting agreement | 48,952 |
| | (25,269 | ) | | 23,683 |
| | (18,739 | ) | | — |
| | 4,944 |
| Total derivatives not subject to a master netting agreement | 3,084 |
| | — |
| | 3,084 |
| | — |
| | — |
| | 3,084 |
| Total derivatives | 52,036 |
| | (25,269 | ) | | 26,767 |
| | (18,739 | ) | | — |
| | 8,028 |
|
| | (1) | All derivative contracts are over-the-counter contracts. |
| | (2) | Represents financial instrument and related cash collateral entered into with the same counterparty and subject to a master netting agreement. |
| | (3) | Collateralization is determined at the counterparty level. If overcollateralization exists, the amount shown is limited to the fair value of the financial instrument. |
| | (4) | Financial instruments are disclosed at fair value. Financial instrument collateral is allocated pro-rata amongst the derivative liabilities to which it relates. |
|