Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

At June 30, 2015 and December 31, 2014, the notional amount and fair value of IRLCs and forward contracts utilized by the Company were as follows.



	June 30, 2015				December 31, 2014
	Notional Amount		Fair Value		Notional Amount		Fair Value
Asset Derivatives
Derivatives not designated as hedging instruments
IRLCs	$	36,943	$	623	$	29,967	$	521
Forward contracts	60,750		240		—		—

Liability Derivatives
Derivatives not designated as hedging instruments
Forward contracts	—		—		55,012		(405		)

Schedule of Derivative Instruments in Statements of Income Fair Value

Fair values of derivative financial instruments were estimated using changes in mortgage interest rates from the date the Company entered into the IRLC and the balance sheet date. Periodic changes in the fair value of the derivative financial instruments on the condensed consolidated statements of income for the three and six month periods ended June 30, 2015 and 2014 were as follows.



	Amount of gain / (loss) recognized in the three months ended						Amount of gain / (loss) recognized in the six months ended
	June 30, 2015			June 30, 2014			June 30, 2015		June 30, 2014
Asset Derivatives
Derivatives not designated as hedging instruments
IRLCs	$	(290	)	$	277		$	102	$	368
Forward contracts	642			—			645		—

Liability Derivatives
Derivatives not designated as hedging instruments
Forward contracts	—			(342		)	—		(537		)