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Derivatives and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional values or contractual amounts and fair value of the Corporation's derivatives designated in hedge relationships
 
Asset Derivatives
 
Liability Derivatives
 
March 31, 2012
 
December 31, 2011
 
March 31, 2011
 
March 31, 2012
 
December 31, 2011
 
March 31, 2011
 
Notional/
Contract
Amount
 
Fair
Value (a)
 
Notional/
Contract
Amount
 
Fair
Value (a)
 
Notional/
Contract
Amount
 
Fair
Value (a)
 
Notional/
Contract
Amount
 
Fair
Value (b)
 
Notional/
Contract
Amount
 
Fair
Value (b)
 
Notional/
Contract
Amount
 
Fair
Value (b)
Interest rate swaps:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair value hedges
$

 
$

 
$
819

 
$

 
$

 
$

 
$
220,630

 
$
23,786

 
$
234,330

 
$
25,889

 
$
283,567

 
$
24,465

(a)
Included in Other Assets on the Consolidated Balance Sheets
(b)
Included in Other Liabilities on the Consolidated Balance Sheets
Notional values or contractual amounts and fair value of the Corporation's derivatives not designated in hedge
 
Asset Derivatives
 
Liability Derivatives
 
March 31, 2012
 
December 31, 2011
 
March 31, 2011
 
March 31, 2012
 
December 31, 2011
 
March 31, 2011
 
Notional/
Contract
Amount
 
Fair
Value 
(a)
 
Notional/
Contract
Amount
 
Fair
Value 
(a)
 
Notional/
Contract
Amount
 
Fair
Value 
(a)
 
Notional/
Contract
Amount
 
Fair
Value 
(b)
 
Notional/
Contract
Amount
 
Fair
Value 
(b)
 
Notional/
Contract
Amount
 
Fair
Value 
(b)
Interest rate swaps
$
1,016,626

 
$
56,298

 
$
976,823

 
$
58,875

 
$
832,474

 
$
39,108

 
$
1,016,626

 
$
56,298

 
$
976,823

 
$
58,875

 
$
832,474

 
$
39,108

Mortgage loan commitments
247,453

 
3,268

 
191,514

 
4,959

 
111,494

 
1,432

 

 

 

 

 

 

Forward sales contracts
201,637

 
446

 
159,377

 
(1,798
)
 
60,489

 
(170
)
 

 

 

 

 

 

Credit contracts

 

 

 

 

 

 
17,805

 

 
17,951

 

 
29,601

 

Foreign exchange
7,969

 
103

 
3,582

 
65

 
4,539

 
10

 
8,043

 
90

 
3,793

 
62

 
4,539

 
10

Other

 

 

 

 

 

 
24,516

 

 
21,094

 
1,324

 
15,295

 
340

Total
$
1,473,685

 
$
60,115

 
$
1,331,296

 
$
62,101

 
$
1,008,996

 
$
40,380

 
$
1,066,990

 
$
56,388

 
$
1,019,661

 
$
60,261

 
$
881,909

 
$
39,458

(a)
Included in Other Assets on the Consolidated Balance Sheet
(b)
Included in Other Liabilities on the Consolidated Balance Sheet
Gains and losses recognized in income on non-designated hedging instruments
 
 
 
 
Amount of Gain / (Loss)
Recognized in Income on
Derivatives not designated as
hedging instruments
 
Location of Gain / (Loss)
Recognized in Income on
Derivative
 
Derivatives
Quarter ended,
 
Quarter ended,
March 31, 2012
 
March 31, 2011
Mortgage loan commitments
 
Loan sales and servicing income
 
$
(1,691
)
 
$
48

Forward sales contracts
 
Loan sales and servicing income
 
2,244

 
(2,275
)
Foreign exchange contracts
 
Other income
 
45

 

Other
 
Other expenses
 

 
(340
)
Total
 
 
 
$
598

 
$
(2,567
)