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Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Derivative Financial Instruments [Abstract]  
Schedule Of Fair Value Of Derivative Financial Instruments
     Derivative Assets      Derivative Liabilties  
     Fair Value      Fair Value  

(Dollars in thousands)

   Balance
Sheet
Location
   March 31,
2012
     March 31,
2011
     Balance
Sheet
Location
   March 31,
2012
     March 31,
2011
 

Derivatives designated as hedging instruments under
ASC 815:

                 

Interest rate derivatives designated as Cash Flow Hedges

   Other assets    $ 61       $ —         Other liabilities    $ 10,178       $ 10,977   
     

 

 

    

 

 

       

 

 

    

 

 

 

Derivatives not designed as hedging instruments under ASC 815:

                 

Interest rate derivatives

   Other assets      34,966         12,361       Other liabilities      34,706         12,828   

Interest rate lock commitments

   Other assets      3,789         1,961       Other liabilities      368         567   

Forward commitments to sell mortgage loans

   Other assets      404         583       Other liabilities      1,112         1,705   
     

 

 

    

 

 

       

 

 

    

 

 

 

Total derivatives not designated as hedging instruments under ASC 815

      $ 39,159       $ 14,905          $ 36,186       $ 15,100   
     

 

 

    

 

 

       

 

 

    

 

 

 
                 

Total derivatives

      $ 39,220       $ 14,905          $ 46,364       $ 26,077   
     

 

 

    

 

 

       

 

 

    

 

 

 
                 
Schedule Of Interest Rate Swaps

March 31, 2012

 

(Dollars in thousands)

Maturity Date

   Notional
Amount
     Fair Value
Gain (Loss)
 

Interest Rate Swaps:

     

September 2013

     50,000         (3,500

September 2013

     40,000         (2,878

September 2016

     50,000         (2,500

October 2016

     25,000         (1,300
  

 

 

    

 

 

 

Total Interest Rate Swaps

     165,000         (10,178

Interest Rate Caps:

     

September 2014

     20,000         20   

September 2014

     40,000         41   
  

 

 

    

 

 

 

Total Interest Rate Caps

     60,000         61   
  

 

 

    

 

 

 

Total Cash Flow Hedges

   $ 225,000       $ (10,117
  

 

 

    

 

 

 
Rollforward Of Amounts In Accumulated Other Comprehensive Income Related To Interest Rate Swaps Designated As Cash Flow Hedges
     Three Months Ended
March 31,
 

(Dollars in thousands)

   2012     2011  

Unrealized loss at beginning of period

   $ (11,633   $ (13,323

Amount reclassified from accumulated other comprehensive income to interest expense on junior subordinated debentures

     1,410        2,172   

Amount of loss recognized in other comprehensive income

     (614     (51
  

 

 

   

 

 

 

Unrealized loss at end of period

   $ (10,837   $ (11,202
  

 

 

   

 

 

 
Summary Amounts Included In Consolidated Statement Of Income Related To Derivatives

(Dollars in thousands)

   Three Months Ended
March 31,
 

Derivative

  

Location in income statement

   2012      2011  

Interest rate swaps and floors

  

Other income

   $ 151       $ (534

Mortgage banking derivatives

  

Mortgage banking revenue

     1,347         (1,343

Covered call options

  

Other income

     3,123         2,470