Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts and Fair Values of Derivatives Not Designated as Hedging Instruments

The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2014 and December 31, 2013:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2014
Interest rate locks with customers	$	25,926	Other Assets	$	660		$	—
Forward loan sale commitments	28,195			—		Other Liabilities	90
Total	$	54,121		$	660		$	90
At December 31, 2013
Interest rate locks with customers	$	15,176	Other Assets	$	321		$	—
Forward loan sale commitments	17,425		Other Assets	25			—
Total	$	32,601		$	346		$	—

Income for Derivatives Not Designated as Hedging Instruments

For the three and nine months ended September 30, 2014 and 2013, the amounts included in the consolidated statements of income for derivatives not designated as hedging instruments are shown in the table below:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2014			2013			2014			2013
Interest rate locks with customers	Net loss (gain) on mortgage banking activities	$	(109	)	$	913		$	339		$	(698	)
Forward loan sale commitments	Net gain (loss) on mortgage banking activities	99			(1,133		)	(114		)	(307		)
Total		$	(10	)	$	(220	)	$	225		$	(1,005	)

Income for Derivatives Designated as Hedging Instruments

For the three and nine months ended September 30, 2014 and 2013, the amounts included in the consolidated statements of income for derivatives designated as hedging instruments are shown in the table below:

	Statement of Income Classification	Three Months Ended   September 30,				Nine Months Ended   September 30,
(Dollars in thousands)		2014		2013		2014		2013
Interest rate swap—cash flow hedge—loss on termination	Net loss on termination of interest rate swap	$	—	$	—	$	—	$	(1,866	)
Interest rate swap—cash flow hedge—interest payments	Interest expense	—		—		—		124
Interest rate swap—cash flow hedge—ineffectiveness	Interest expense	—		—		—		—
Net loss		$	—	$	—	$	—	$	(1,990	)