Derivatives (Tables)

12 Months Ended

Dec. 31, 2016

Derivatives

Schedule Of Derivative Instruments In The Statements Of Financial Position

	Asset derivatives					Liability derivatives
		Fair value at December 31,					Fair value at December 31,
	Balance sheet					Balance sheet
(in thousands)	classification	2016		2015		classification	2016		2015
Derivatives designated as hedging instruments under ASC 815:
Cash flow hedge interest rate swap	Other assets	$	-	$	578	Accrued interest and other liabilities	$	7,639	$	4,981
Fair value hedge interest rate swap	Other assets		476		117	Accrued interest and other liabilities		845		1,574
Derivatives not designated as hedging instruments under ASC 815:
Interest rate swap	Other assets	$	2,755	$	3,092	Accrued interest and other liabilities	$	2,736	$	3,275
Foreign exchange forward contracts	Other assets		52		109	Accrued interest and other liabilities		5		59

Schedule Of Fair Value Of Derivative Financial Instruments And Their Classification On Condensed Consolidated Balance Sheets

	At December 31, 2016
	Gross		Gross				Gross amounts not offset
	amounts of		amounts				Financial				Net
(in thousands)	recognized assets		offset		Net amounts		Instruments		Collateral		Amount
Derivatives designated as hedges(1)	$	476	$	-	$	476	$	(476)	$	-	$	-
Derivatives not designated as hedges(1)		2,807		-		2,807		(967)		-		1,840
Total	$	3,283	$	-	$	3,283	$	(1,443)	$	-	$	1,840

	At December 31, 2016
	Gross		Gross				Gross amounts not offset
	amounts of		amounts				Financial				Net
(in thousands)	recognized liabilities		offset		Net amounts		Instruments		Collateral		Amount
Derivatives designated as hedges(2)	$	(8,484)	$	-	$	(8,484)	$	476	$	8,008	$	-
Derivatives not designated as hedges(2)		(2,741)		-		(2,741)		967		1,668		(106)
Securities sold under agreements to repurchase(3)		(27,639)		-		(27,639)		-		27,639		-
Total	$	(38,864)	$	-	$	(38,864)	$	1,443	$	37,315	$	(106)

	At December 31, 2015
	Gross		Gross				Gross amounts not offset
	amounts of		amounts				Financial				Net
(in thousands)	recognized assets		offset		Net amounts		Instruments		Collateral		Amount
Derivatives designated as hedges(1)	$	695	$	-	$	695	$	(316)	$	-	$	379
Derivatives not designated as hedges(1)		3,201		-		3,201		(88)		-		3,113
Total	$	3,896	$	-	$	3,896	$	(404)	$	-	$	3,492

	At December 31, 2015
	Gross		Gross				Gross amounts not offset
	amounts of		amounts				Financial				Net
(in thousands)	recognized liabilities		offset		Net amounts		Instruments		Collateral		Amount
Derivatives designated as hedges(2)	$	(6,555)	$	-	$	(6,555)	$	316	$	6,239	$	-
Derivatives not designated as hedges(2)		(3,334)		-		(3,334)		88		2,935		(311)
Securities sold under agreements to repurchase(3)		(47,459)		-		(47,459)		-		47,459		-
Total	$	(57,348)	$	-	$	(57,348)	$	404	$	56,633	$	(311)

(1) Included in other assets

(2) Included in accrued interest and other liabilities

(3) Separately stated in consolidated balance sheets

Schedule Of Notional Amounts Of Outstanding Derivative Positions

(in thousands)	Notional		Fixed-rate		Termination date
Hedged item - Junior subordinated debentures issued by:
CoBiz Statutory Trust I	$	20,000	4.99	%	March 17, 2022
CoBiz Capital Trust II	$	30,000	5.99	%	April 23, 2020
CoBiz Capital Trust III	$	20,000	5.02	%	March 30, 2024