XML 20 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 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:
 
September 30, 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
$
121,546

 
$
2,263

 
$
89,655

 
$
1,391

Negative fair values
172

 
(2
)
 
301

 
(6
)
Net interest rate locks with customers

 
2,261

 

 
1,385

Forward Commitments
 
 
 
 
 
 
 
Positive fair values
110

 
—

 
—

 
—

Negative fair values
117,389

 
(1,502
)
 
93,802

 
(1,164
)
Net forward commitments
 
 
(1,502
)
 
 
 
(1,164
)
Interest Rate Swaps with Customers
 
 
 
 
 
 
 
Positive fair values
681,647

 
37,436

 
468,080

 
19,716

Negative fair values
8,000

 
(87
)
 
25,418

 
(198
)
Net interest rate swaps with customers
 
 
37,349

 
 
 
19,518

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

 
87

 
25,418

 
198

Negative fair values
681,647

 
(37,436
)
 
468,080

 
(19,716
)
Net interest rate swaps with dealer counterparties
 
 
(37,349
)
 
 
 
(19,518
)
Foreign Exchange Contracts with Customers
 
 
 
 
 
 
 
Positive fair values
7,183

 
260

 
11,616

 
810

Negative fair values
7,091

 
(269
)
 
5,250

 
(441
)
Net foreign exchange contracts with customers
 
 
(9
)
 
 
 
369

Foreign Exchange Contracts with Correspondent Banks
 
 
 
 
 
 
 
Positive fair values
10,308

 
614

 
5,287

 
446

Negative fair values
8,630

 
(334
)
 
13,572

 
(876
)
Net foreign exchange contracts with correspondent banks
 
 
280

 
 
 
(430
)
Net derivative fair value asset
 
 
$
1,030

 
 
 
$
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 September 30
 
Nine months ended September 30
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Interest rate locks with customers
$
1,041

 
$
(1,092
)
 
$
876

 
$
500

Forward commitments
(3,183
)
 
1,374

 
(338
)
 
(1,627
)
Interest rate swaps with customers
18,266

 
(40
)
 
17,831

 
10,300

Interest rate swaps with dealer counterparties
(18,266
)
 
40

 
(17,831
)
 
(10,300
)
Foreign exchange contracts with customers
(197
)
 
557

 
(378
)
 
854

Foreign exchange contracts with correspondent banks
323

 
(527
)
 
710

 
(893
)
Net fair value gains (losses) on derivative financial instruments
$
(2,016
)
 
$
312

 
$
870

 
$
(1,166
)