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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Notional Amounts and Fair Values of Derivative Financial Instruments
The following table presents a summary of the notional amounts and fair values of derivative financial instruments:
 
March 31, 2015
 
December 31, 2014
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
(in thousands)
Interest Rate Locks with Customers
 
 
 
 
 
 
 
Positive fair values
$
151,389

 
$
2,509

 
$
89,655

 
$
1,391

Negative fair values
187

 
(2
)
 
301

 
(6
)
Net interest rate locks with customers

 
2,507

 

 
1,385

Forward Commitments
 
 
 
 
 
 
 
Negative fair values
144,370

 
(610
)
 
93,802

 
(1,164
)
Interest Rate Swaps with Customers
 
 
 
 
 
 
 
Positive fair values
535,786

 
29,035

 
468,080

 
19,716

Negative fair values
8,000

 
(113
)
 
25,418

 
(198
)
Net interest rate swaps with customers
 
 
28,922

 
 
 
19,518

Interest Rate Swaps with Dealer Counterparties
 
 
 
 
 
 
 
Positive fair values
8,000

 
113

 
25,418

 
198

Negative fair values
535,786

 
(29,035
)
 
468,080

 
(19,716
)
Net interest rate swaps with dealer counterparties
 
 
(28,922
)
 
 
 
(19,518
)
Foreign Exchange Contracts with Customers
 
 
 
 
 
 
 
Positive fair values
12,642

 
1,411

 
11,616

 
810

Negative fair values
7,033

 
(475
)
 
5,250

 
(441
)
Net foreign exchange contracts with customers
 
 
936

 
 
 
369

Foreign Exchange Contracts with Correspondent Banks
 
 
 
 
 
 
 
Positive fair values
8,053

 
952

 
5,287

 
446

Negative fair values
14,825

 
(1,706
)
 
13,572

 
(876
)
Net foreign exchange contracts with correspondent banks
 
 
(754
)
 
 
 
(430
)
Net derivative fair value asset
 
 
$
2,079

 
 
 
$
160
Summary of Fair Value Gains and Losses on Derivative Financial Instruments
The following table presents a summary of the fair value gains and losses on derivative financial instruments:
 
Three months ended March 31
 
2015
 
2014
 
(in thousands)
Interest rate locks with customers
$
1,122

 
$
389

Forward commitments
554

 
(1,498
)
Interest rate swaps with customers
9,404

 
4,205

Interest rate swaps with dealer counterparties
(9,404
)
 
(4,205
)
Foreign exchange contracts with customers
567

 
192

Foreign exchange contracts with correspondent banks
(324
)
 
(268
)
Net fair value gains (losses) on derivative financial instruments
$
1,919

 
$
(1,185
)