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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts and Estimated Fair Values of Interest Rate Derivative Contracts Outstanding
The notional amounts and estimated fair values of interest rate derivative contracts are presented in the following table. We obtain dealer quotations to value our interest rate derivative contracts designated as hedges of cash flows, while the fair values of other interest rate derivative contracts are estimated utilizing internal valuation models with observable market data inputs.
 
March 31, 2015
 
December 31, 2014
 
Notional
Amount
 
Estimated
Fair Value
 
Notional
Amount
 
Estimated
Fair Value
Derivatives designated as hedges of fair value:
 
 
 
 
 
 
 
Financial institution counterparties:
 
 
 
 
 
 
 
Loan/lease interest rate swaps – assets
$
23,422

 
$
138

 
$
31,614

 
$
469

Loan/lease interest rate swaps – liabilities
40,740

 
(3,143
)
 
37,672

 
(3,179
)
Non-hedging interest rate derivatives:
 
 
 
 
 
 
 
Financial institution counterparties:
 
 
 
 
 
 
 
Loan/lease interest rate swaps – assets
—

 
—

 
69,842

 
719

Loan/lease interest rate swaps – liabilities
862,403

 
(47,039
)
 
765,979

 
(38,952
)
Loan/lease interest rate caps – assets
81,058

 
1,055

 
73,058

 
1,003

Customer counterparties:
 
 
 
 
 
 
 
Loan/lease interest rate swaps – assets
862,403

 
46,995

 
765,979

 
38,910

Loan/lease interest rate swaps – liabilities
—

 
—

 
69,842

 
(719
)
Loan/lease interest rate caps – liabilities
81,058

 
(1,055
)
 
73,058

 
(1,003
)
Schedule of Weighted-Average Rates Paid and Received for Interest Rate Swaps Outstanding
The weighted-average rates paid and received for interest rate swaps outstanding at March 31, 2015 were as follows:
 
Weighted-Average
 
Interest
Rate
Paid
 
Interest
Rate
Received
Interest rate swaps:
 
 
 
Fair value hedge loan/lease interest rate swaps
2.70
%
 
0.17
%
Non-hedging interest rate swaps – financial institution counterparties
4.04
%
 
1.74
%
Non-hedging interest rate swaps – customer counterparties
1.74
%
 
4.04
%
Schedule of Notional Amounts and Estimated Fair Values of Commodity Derivative Positions
The notional amounts and estimated fair values of non-hedging commodity swap and option derivative positions outstanding are presented in the following table. We obtain dealer quotations and use internal valuation models with observable market data inputs to value our commodity derivative positions.
 
 
 
March 31, 2015
 
December 31, 2014
 
Notional
Units
 
Notional
Amount
 
Estimated
Fair Value
 
Notional
Amount
 
Estimated
Fair Value
Financial institution counterparties:
 
 
 
 
 
 
 
 
 
Oil – assets
Barrels
 
724

 
$
15,137

 
470

 
$
14,357

Oil – liabilities
Barrels
 
538

 
(2,121
)
 
197

 
(1,670
)
Natural gas – assets
MMBTUs
 
9,385

 
11,489

 
12,235

 
12,707

Natural gas – liabilities
MMBTUs
 
11,985

 
(3,591
)
 
16,755

 
(4,095
)
Customer counterparties:
 
 
 
 
 
 
 
 
 
Oil – assets
Barrels
 
547

 
2,124

 
197

 
1,670

Oil – liabilities
Barrels
 
715

 
(15,100
)
 
470

 
(14,318
)
Natural gas – assets
MMBTUs
 
11,985

 
3,591

 
16,755

 
4,095

Natural gas – liabilities
MMBTUs
 
9,385

 
(11,435
)
 
12,235

 
(12,646
)
Notional Amounts and Fair Values of Open Foreign Currency Forward Contracts
The notional amounts and fair values of open foreign currency forward contracts were as follows:
 
 
 
March 31, 2015
 
December 31, 2014
 
Notional
Currency
 
Notional
Amount
 
Estimated
Fair Value
 
Notional
Amount
 
Estimated
Fair Value
Financial institution counterparties:
 
 
 
 
 
 
 
 
 
Forward contracts – assets
EUR
 
790

 
$
11

 
936

 
$
7

Forward contracts – assets
CAD
 
22,384

 
329

 
24,724

 
659

Forward contracts - assets
GBP
 
486

 
2

 
—

 
—

Forward contracts – liabilities
GBP
 
—

 
—

 
544

 
(2
)
Customer counterparties:
 
 
 
 
 
 
 
 
 
Forward contracts – liabilities
CAD
 
22,339

 
(284
)
 
24,680

 
(615
)
Schedule of Amounts Related to Interest Rate Derivatives Designated as Hedges of Fair Value
Amounts included in the consolidated statements of income related to interest rate derivatives designated as hedges of fair value were as follows:
 
Three Months Ended 
 March 31,
 
2015
 
2014
Commercial loan/lease interest rate swaps:
 
 
 
Amount of gain (loss) included in interest income on loans
$
(425
)
 
$
(539
)
Amount of (gain) loss included in other non-interest expense
—

 
9
Schedule of Amounts Related to Interest Rate Derivatives Included in Income Designated as Hedges of Cash Flows
Amounts included in the consolidated statements of income and in other comprehensive income for the period related to interest rate derivatives designated as hedges of cash flows were as follows:
 
Three Months Ended 
 March 31,
 
2015
 
2014
Interest rate swaps/caps/floors on variable-rate loans:
 
 
 
Amount reclassified from accumulated other comprehensive income
to interest income on loans
$
—

 
$
9,345
Schedule of Amounts Related to Non-Hedging Interest Rate and Commodity Derivatives
Amounts included in the consolidated statements of income related to non-hedging interest rate, commodity and foreign currency derivative instruments are presented in the table below.
 
Three Months Ended 
 March 31,
 
2015
 
2014
Non-hedging interest rate derivatives:
 
 
 
Other non-interest income
$
1,322

 
$
221

Other non-interest expense
2

 
—

Non-hedging commodity derivatives:
 
 
 
Other non-interest income
28

 
82

Non-hedging foreign currency derivatives:
 
 
 
Other non-interest income
45

 
37