XML 46 R31.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Aggregate Contractual or Notional Amounts of Derivative Financial Instruments | The following table presents the aggregate contractual or notional amounts of the Company’s derivative instruments as of the dates indicated:
|  | September 30, 2014 |  |  | December 31, 2013 |  |  | September 30, 2013 |
(Amounts in thousands) |  | Notional or Contractual Amount |  |  | Notional or Contractual Amount |  |  | Notional or Contractual Amount |
Derivatives designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 7,819 |  |  | $ | 3,453 |  |  | $ | — |
Derivatives not designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |
IRLCs |  |  | 2,948 |  |  |  | 3,677 |  |  |  | 1,094 |
Forward sale loan commitments |  |  | 4,094 |  |  |  | 4,560 |  |  |  | — |
Total derivatives not designated as hedges |  |  | 7,042 |  |  |  | 8,237 |  |  |  | 1,094 |
Total derivatives |  | $ | 14,861 |  |  | $ | 11,690 |  |  | $ | 1,094 |
Fair Values of Company's Derivatives | The following table presents the fair values of the Company’s derivative instruments as of the dates indicated:
|  | September 30, 2014 |  |  | December 31, 2013 |  |  | September 30, 2013 |
(Amounts in thousands) |  | Derivative Assets |  |  | Derivative Liabilities |  |  | Derivative Assets |  |  | Derivative Liabilities |  |  | Derivative Assets |  |  | Derivative Liabilities |
Derivatives designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | — |  |  | $ | 189 |  |  | $ | 43 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Derivatives not designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IRLCs |  |  | — |  |  |  | 7 |  |  |  | — |  |  |  | 41 |  |  |  | 19 |  |  |  | 19 |
Forward sale loan commitments |  |  | 7 |  |  |  | — |  |  |  | 41 |  |  |  | — |  |  |  | — |  |  |  | — |
Total derivities not designated as hedges |  |  | 7 |  |  |  | 7 |  |  |  | 41 |  |  |  | 41 |  |  |  | 19 |  |  |  | 19 |
Total derivaties |  | $ | 7 |  |  | $ | 196 |  |  | $ | 84 |  |  | $ | 41 |  |  | $ | 19 |  |  | $ | 19 |
Effect of Derivative and Hedging Activity, on Statement of Income | The following table presents the effect of the Company’s derivative and hedging activity, if applicable, on the statement of income in the periods indicated:
|  |  |  | Three Months Ended |  |  | Nine Months Ended |
|  | Income Statement |  | September 30, |  |  | September 30, |
(Amounts in thousands) |  | Location |  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
Derivatives designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | Other income |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Derivatives not designated as hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IRLCs |  | Other income |  |  | — |  |  |  | 307 |  |  |  | — |  |  |  | (128 | )
Forward sale loan commitments |  | Other income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total derivatives not designated as hedges |  |  |  |  | — |  |  |  | 307 |  |  |  | — |  |  |  | (128 | )
Total derivatives |  |  |  | $ | — |  |  | $ | 307 |  |  | $ | — |  |  | $ | (128 | )

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 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5618551-113959 Reference 2: 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=35706170&loc=SL5624171-113959 + 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=35706170&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration