XML 41 R29.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Derivative Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of amounts of non-hedging derivative financial instruments | The following table shows the amounts of non-hedging derivative financial instruments.
|  |  |  | Asset derivatives |  | Liability derivatives
(Dollars in thousands) |  | Notional or contractual amount |  | Statement of Financial Condition classification |  | Fair value |  | Statement of Financial Condition classification |  | Fair value
March 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap contracts |  | $ | 565,265 |  |  | Other assets |  | $ | 14,766 |  |  | Other liabilities |  | $ | 15,045 |
Loan commitments |  | 11,941 |  |  | Mortgages held for sale |  | 95 |  |  | N/A |  | — |
Forward contracts - mortgage loan |  | 17,450 |  |  | N/A |  | — |  |  | Mortgages held for sale |  | 132 |
Total |  | $ | 594,656 |  |  |  |  | $ | 14,861 |  |  |  |  | $ | 15,177 |
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap contracts |  | $ | 554,083 |  |  | Other assets |  | $ | 9,859 |  |  | Other liabilities |  | $ | 10,044 |
Loan commitments |  | 12,440 |  |  | Mortgages held for sale |  | 47 |  |  | N/A |  | — |
Forward contracts - mortgage loan |  | 16,416 |  |  | Mortgages held for sale |  | 13 |  |  | N/A |  | — |
Total |  | $ | 582,939 |  |  |  |  | $ | 9,919 |  |  |  |  | $ | 10,044 |
Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments | The following table shows the amounts included in the Statements of Income for non-hedging derivative financial instruments.
|  |  |  | Gain (loss)
|  |  |  | Three Months Ended March 31,
(Dollars in thousands) |  | Statement of Income classification |  | 2016 |  | 2015
Interest rate swap contracts |  | Other expense |  | $ | (93 | ) |  | $ | (19 | )
Interest rate swap contracts |  | Other income |  | 204 |  |  | 76 |
Loan commitments |  | Mortgage banking income |  | 48 |  |  | 139 |
Forward contracts - mortgage loan |  | Mortgage banking income |  | (145 | ) |  | (26 | )
Total |  |  |  | $ | 14 |  |  | $ | 170 |
Schedule of offsetting of financial assets and derivative assets | The following table shows the offsetting of financial assets and derivative assets.
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
(Dollars in thousands) |  | Gross Amounts of Recognized Assets |  | Gross Amounts Offset in the Statement of Financial Condition |  | Net Amounts of Assets Presented in the Statement of Financial Condition |  | Financial Instruments |  | Cash Collateral Received |  | Net Amount
March 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 14,981 |  |  | $ | 215 |  |  | $ | 14,766 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,766 |
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 10,016 |  |  | $ | 157 |  |  | $ | 9,859 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,859 |
Schedule of offsetting of financial liabilities and derivative liabilities | The following table shows the offsetting of financial liabilities and derivative liabilities.
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statement of Financial Condition |  |
(Dollars in thousands) |  | Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset in the Statement of Financial Condition |  | Net Amounts of Liabilities Presented in the Statement of Financial Condition |  | Financial Instruments |  | Cash Collateral Pledged |  | Net Amount
March 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 15,260 |  |  | $ | 215 |  |  | $ | 15,045 |  |  | $ | — |  |  | $ | 14,299 |  |  | $ | 746 |
Repurchase agreements |  | 169,820 |  |  | — |  |  | 169,820 |  |  | 169,820 |  |  | — |  |  | — |
Total |  | $ | 185,080 |  |  | $ | 215 |  |  | $ | 184,865 |  |  | $ | 169,820 |  |  | $ | 14,299 |  |  | $ | 746 |
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 10,201 |  |  | $ | 157 |  |  | $ | 10,044 |  |  | $ | — |  |  | $ | 9,833 |  |  | $ | 211 |
Repurchase agreements |  | 130,662 |  |  | — |  |  | 130,662 |  |  | 130,662 |  |  | — |  |  | — |
Total |  | $ | 140,863 |  |  | $ | 157 |  |  | $ | 140,706 |  |  | $ | 130,662 |  |  | $ | 9,833 |  |  | $ | 211 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration