XML 87 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.6

DERIVATIVE FINANCIAL INSTRUMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2012
DERIVATIVE FINANCIAL INSTRUMENTS |
Fair values of derivative instruments |
|  | Fair Values of Derivative Instruments |
|  | March 31, 2012 |  | December 31, 2011 |
|  | Notional |  | Derivative |  | Derivative |  | Notional |  | Derivative |  | Derivative |
|  | Amount |  | Assets (1) |  | Liabilities (1) |  | Amount |  | Assets (1) |  | Liabilities (1) |
|  | (In thousands) |
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on certificates of deposit—fair value |  | $ | 200,000 |  | $ | 766 |  | $ | 1,109 |  | $ | 200,000 |  | $ | 998 |  | $ | 639 |
Total derivatives designated as hedging instruments |  | $ | 200,000 |  | $ | 766 |  | $ | 1,109 |  | $ | 200,000 |  | $ | 998 |  | $ | 639 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |  |
Equity swap agreements |  | $ | 22,709 |  | $ | 204 |  | $ | 204 |  | $ | 22,709 |  | $ | 202 |  | $ | 204 |
Foreign exchange options |  | 85,614 |  | 4,695 |  | 2,918 |  | 85,614 |  | 3,899 |  | 2,430 |
Interest rate swaps |  | 533,735 |  | 17,666 |  | 17,999 |  | 485,196 |  | 19,476 |  | 19,924 |
Short-term foreign exchange contracts |  | 200,898 |  | 2,045 |  | 1,561 |  | 210,295 |  | 1,403 |  | 967 |
Short-term call option |  | 150,000 |  | — |  | 1,500 |  | — |  | — |  | — |
Total derivatives not designated as hedging instruments |  | $ | 992,956 |  | $ | 24,610 |  | $ | 24,182 |  | $ | 803,814 |  | $ | 24,980 |  | $ | 23,525 |
(1) Derivative assets, which are a component of other assets, include the estimated settlement of the derivative asset position. Derivative liabilities, which are a component of other liabilities and deposits, include the estimated settlement of the derivative liability position.
Gains (losses) on derivative instruments |
|  |  |  | Three Months Ended |
|  | Location in |  | March 31, |
|  | Condensed Consolidated |  |  |  |  |
|  | Statements of Income |  | 2012 |  | 2011 |
|  |  |  | (In thousands) |
Derivatives designated as hedging instruments |  |  |  |  |  |  |
Interest rate swaps on certificates of deposit—fair value |  |  |  |  |  |  |
| Interest expense |  | $ | 703 |  | $ | — |
|  | Total net income |  | $ | 703 |  | $ | — |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |
Equity swap agreements |  | Noninterest expense |  | $ | 2 |  | $ | 2 |
Foreign exchange options |  | Noninterest income |  | 253 |  | (109 | )
Foreign exchange options |  | Noninterest expense |  | 55 |  | 18 |
Interest rate swaps |  | Noninterest income |  | 115 |  | (60 | )
Short-term foreign exchange contracts |  | Noninterest income |  | 48 |  | 8 |
Short-term call option |  |  |  | — |  | — |
|  | Total net income (expense) |  | $ | 473 |  | $ | (141 | )

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624171-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5618551-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624163-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration