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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Financial Asset and Liabilities Measured at Fair Value on Recurring Basis
The Company has segregated all financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to estimate the fair value at the measurement date in the tables below. See Note 1, Summary of Significant Accounting Policies, for a description of how fair value measurements are determined.
 
December 31, 2015
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Securities available for sale
$

 
$
2,800,286

 
$

 
$
2,800,286

Mortgage loans held for sale

 
166,247

 

 
166,247

Derivative instruments

 
30,486

 

 
30,486

Total
$

 
$
2,997,019

 
$

 
$
2,997,019

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
24,939

 
$

 
$
24,939

Total
$

 
$
24,939

 
$

 
$
24,939

 
 
 
 
 
 
 
 
 
December 31, 2014
 
Level 1
 
Level 2
 
Level3
 
Total
Assets
 
 
 
 
 
 
 
Securities available for sale
$

 
$
2,158,853

 
$

 
$
2,158,853

Mortgage loans held for sale

 
139,950

 

 
139,950

Derivative instruments

 
32,903

 

 
32,903

Total
$

 
$
2,331,706

 
$

 
$
2,331,706

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
31,354

 
$

 
$
31,354

Total
$

 
$
31,354

 
$

 
$
31,354

Gains and Losses Included in Earnings Related to Asset and Liabilities Measured at Fair Value on Recurring Basis
Gains and losses (realized and unrealized) included in earnings (or accumulated other comprehensive income) during 2015 related to assets and liabilities measured at fair value on a recurring basis are reported in non-interest income or other comprehensive income as follows:
(Dollars in thousands)
Non-interest income
 
Other comprehensive income
Total gains (losses) included in earnings
$
2,939

 
$

Change in unrealized gains (losses) relating to assets still held at December 31, 2015

 
(9,110
)
Financial Asset and Liabilities Measured at Fair Value on Nonrecurring Basis
The Company has segregated all financial assets and liabilities that are measured at fair value on a non-recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date in the tables below.
 
December 31, 2015
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
OREO, net
$

 
$
1,106

 
$

 
$
1,106

Total
$

 
$
1,106

 
$

 
$
1,106

 
 
 
 
 
 
 
 
 
December 31, 2014
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
OREO, net
$

 
$
1,483

 
$

 
$
1,483

Total
$

 
$
1,483

 
$

 
$
1,483

Summary of Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance for Mortgage Loans Held for Sale
The following table summarizes the difference between the aggregate fair value and the aggregate unpaid principal balance for mortgage loans held for sale measured at fair value:
 
December 31, 2015
 
December 31, 2014
(Dollars in thousands)
Aggregate Fair Value
 
Aggregate Unpaid Principal
 
Aggregate Fair Value Less Unpaid Principal
 
Aggregate Fair Value
 
Aggregate Unpaid Principal
 
Aggregate Fair Value Less Unpaid Principal
Mortgage loans held for sale, at fair value
$
166,247

 
$
161,083

 
$
5,164

 
$
139,950

 
$
134,639

 
$
5,311