Derivatives (Tables)

12 Months Ended

Dec. 31, 2012

Credit Value Adjustment Recorded Related to Notional Amount of Derivatives Outstanding

The following table depicts the credit value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks at December 31:


	2012			2011
	(dollars in thousands)
Credit value adjustment	$	(2,207	)	$	(2,963	)
Notional Amount:
Interest rate derivatives		223,448			187,368
Risk participation agreements		71,390			128,098
Sold credit protection on risk participation agreements		0			(22,147	)

Schedule of Change in Fair Value of Derivative Assets and Liabilities

The table below presents the amount representing the change in the fair value of derivative assets and derivative liabilities attributable to credit risk included in “Other income” on the Consolidated Statements of Income for the years ended December 31:


	2012		2011			2010
	(dollars in thousands)
Non-hedging interest rate derivatives:
Increase (decrease) in other income	$	755	$	(6,687	)	$	141