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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2012
Derivative Instrument Detail [Abstract]  
Schedule Of Notional Amounts Of Derivative Instruments
The largest group of notional amounts relate to interest rate swaps, which are discussed in more detail below.
 
    December 31
(In thousands)
2012
 
2011
Interest rate swaps
$
435,542

 
$
486,207

Interest rate caps
27,736

 
29,736

Credit risk participation agreements
43,243

 
41,414

Foreign exchange contracts
47,897

 
80,535

Mortgage loan commitments
—

 
1,280

Mortgage loan forward sale contracts
—

 
3,650

Total notional amount
$
554,418

 
$
642,822
Schedule Of Gains And Losses Related To Fair Value Hedges
The table below shows gains and losses related to fair value hedges.


 
 
For the Years
Ended December 31
(In thousands)
 
 
2012
 
2011
 
2010
Gain (loss) on interest rate swaps
 
 
$
331

 
$
106

 
$
(305
)
Gain (loss) on loans
 
 
(324
)
 
(95
)
 
291

Amount of hedge ineffectiveness
 
 
$
7

 
$
11

 
$
(14
)
Schedule Of Fair Values Of Derivative Instruments
The fair values of the Company’s derivative instruments are shown in the table below. Information about the valuation methods used to measure fair value is provided in Note 15 on Fair Value Measurements.
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31
 
 
December 31
 
 
2012
 
2011
 
 
2012
 
2011
(In thousands)    
Balance Sheet Location
Fair Value
 
Balance Sheet Location
Fair Value
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Interest rate swaps
Other assets
$
—

 
$
—

 
Other liabilities
$
(723
)
 
$
(1,053
)
Total derivatives designated as hedging instruments
 
$
—

 
$
—

 
 
$
(723
)
 
$
(1,053
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
 
Interest rate swaps
Other assets
$
16,334

 
$
19,051

 
Other liabilities
$
(16,337
)
 
$
(19,157
)
Interest rate caps
Other assets
1

 
11

 
Other liabilities
(1
)
 
(11
)
Credit risk participation agreements
Other assets
9

 
9

 
Other liabilities
(196
)
 
(141
)
Foreign exchange contracts
Other assets
396

 
2,440

 
Other liabilities
(461
)
 
(2,343
)
Mortgage loan commitments
Other assets
—

 
20

 
Other liabilities
—

 
—

Mortgage loan forward sale contracts
Other assets
—

 
6

 
Other liabilities
—

 
(17
)
Total derivatives not designated as hedging instruments
 
$
16,740

 
$
21,537

 
 
$
(16,995
)
 
$
(21,669
)
Total derivatives
 
$
16,740

 
$
21,537

 
 
$
(17,718
)
 
$
(22,722
)
Summary Of The Effects Of Derivative Instruments On Consolidated Statements Of Income
The effects of derivative instruments on the consolidated statements of income are shown in the table below.



Location of Gain or (Loss) Recognized in Income on Derivative
Amount of Gain or (Loss) Recognized in Income on Derivative


 
For the Years
Ended December 31
(In thousands)
 
2012
 
2011
 
2010
Derivatives in fair value hedging relationships:
 
 
 
 
 
 
Interest rate swaps
Interest and fees on loans
$
331

 
$
106

 
$
(305
)
Total
 
$
331

 
$
106

 
$
(305
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
Interest rate swaps
Other non-interest income
$
743

 
$
797

 
$
1,202

Interest rate caps
Other non-interest income
—

 
—

 
32

Credit risk participation agreements
Other non-interest income
25

 
270

 
101

Foreign exchange contracts
Other non-interest income
(161
)
 
(36
)
 
12

Mortgage loan commitments
Loan fees and sales
(20
)
 
(51
)
 
43

Mortgage loan forward sale contracts
Loan fees and sales
11

 
(422
)
 
231

Total
 
$
598

 
$
558

 
$
1,621