XML 70 R50.htm IDEA: XBRL DOCUMENT v3.3.1.900
RISK MANAGEMENT AND DERIVATIVE INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Amount and Market Value of Mortgage Banking Derivatives
The following table presents the amount and market value of derivative instruments included in the Consolidated Statements of Financial Condition as of the dates indicated. Note 3 contains further disclosures pertaining to the fair value of mortgage banking derivatives.
 
December 31,
 
2015
 
2014
Notional
Amount
 
Fair Value
 
Notional
Amount
 
Fair Value
 
(In thousands)
Included in assets:
 
 
 
 
 
 
 
Interest rate lock commitments
$
262,135

 
$
7,343

 
$
179,923

 
$
5,750

Mandatory forward commitments
468,740

 
1,130

 
25,735

 
629

Interest rate swaps on deposits and other borrowings
25,000

 
331

 
—

 
—

Interest rate swaps and cap on loans with customers
27,467

 
238

 
—

 
—

Total included in assets
$
783,342

 
$
9,042

 
$
205,658

 
$
6,379

Included in liabilities:
 
 
 
 
 
 
 
Interest rate lock commitments
$
16,790

 
$
88

 
$
10,075

 
$
197

Mandatory forward commitments
215,272

 
300

 
364,829

 
2,803

Interest rate swaps on deposits and other borrowings
50,000

 
441

 
50,000

 
235

Interest rate swaps and caps on loans with correspondent bank
27,467

 
238

 
—

 
—

Total included in liabilities
$
309,529

 
$
1,067

 
$
424,904

 
$
3,235