Derivative and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Notional Amounts and Gross Fair Values of Derivative Assets and Derivative Liabilities

The following table presents notional amounts and gross fair values of all derivative assets and derivative liabilities held by the Corporation:

	June 30, 2015						December 31, 2014
	Notional		Fair Value				Notional		Fair Value
	Amount		Asset		Liability		Amount		Asset		Liability
Gross Derivatives
Subject to master netting arrangements:
Interest rate contracts – designated	$	200,000	$	1,867	$	1,869	$	200,000	$	2,109	$	2,330
Interest rate swaps – not designated		1,080,889		491		40,943		972,002		140		43,655
Equity contracts – not designated		1,210		17		—		1,210		47		—
Total subject to master netting arrangements		1,282,099		2,375		42,812		1,173,212		2,296		45,985
Not subject to master netting arrangements:
Interest rate swaps – not designated		1,080,889		40,664		377		972,002		43,602		128
Credit risk contracts – not designated		102,700		10		114		68,632		—		—
Equity contracts – not designated		1,210		—		16		1,210		—		47
Total not subject to master netting arrangements		1,184,799		40,674		507		1,041,844		43,602		175
	$	2,466,898	$	43,049	$	43,319	$	2,215,056	$	45,898	$	46,160

Derivative Assets

	Gross Amount		Gross Amounts Offset in the Balance Sheet		Net Amount Presented in the Balance Sheet
June 30, 2015
Derivative Assets
Subject to master netting arrangements:
Interest rate contracts
Designated	$	1,867		—	$	1,867
Not designated		491		—		491
Equity contracts – not designated		17		—		17
Not subject to master netting arrangements:
Interest rate contracts – not designated		40,664		—		40,664
Credit contracts – not designated		10		—		10
	$	43,049		—	$	43,049

December 31, 2014
Derivative Assets
Subject to master netting arrangements:
Interest rate contracts
Designated	$	2,109	—	$	2,109
Not designated		140	—		140
Equity contracts – not designated		47	—		47
Not subject to master netting arrangements:
Interest rate contracts – not designated		43,602	—		43,602
	$	45,898	—	$	45,898

Derivative Liabilities

	Gross Amount	Gross Amounts Offset in the Balance Sheet	Net Amount Presented in the Balance Sheet
June 30, 2015

Derivative Liabilities
Subject to master netting arrangements:
Interest rate contracts
Designated	$	1,869	—	$	1,869
Not designated		40,943	—		40,943
Not subject to master netting arrangements:
Interest rate contracts – not designated		377	—		377
Credit contracts – not designated		114	—		114
Equity contracts – not designated		16	—		16
	$	43,319	—	$	43,319

December 31, 2014

Derivative Liabilities
Subject to master netting arrangements:
Interest rate contracts
Designated	$	2,330	—	$	2,330
Not designated		43,655	—		43,655
Not subject to master netting arrangements:
Interest rate contracts – not designated		128	—		128
Equity contracts – not designated		47	—		47
	$	46,160	—	$	46,160

Effect of Corporation's Derivative Financial Instruments on Income Statement

The following table presents the effect of certain of the Corporation’s derivative financial instruments on the income statement:

	Income		Six Months Ended
	Statement		June 30,
	Location		2015			2014
Interest Rate Swaps		Other income	$	(123	)	$	1
Credit Risk Contracts		Other income		(105	)		—

Collateral Held By Counterparty [Member]

Derivative Assets

			Amount Not Offset in the Balance Sheet
	Net Amount Presented in the Balance Sheet		Financial Instruments		Cash Collateral		Net Amount
June 30, 2015
Derivative Assets
Interest rate contracts:
Designated	$	1,867	$	519	$	1,348		—
Not designated		491		105		386		—
Equity contracts – not designated		17		17		—		—
	$	2,375	$	641	$	1,734		—
December 31, 2014
Derivative Assets
Interest rate contracts:
Designated	$	2,109	$	810	$	1,299		—
Not designated		140		138		2		—
Equity contracts – not designated		47		47		—		—
	$	2,296	$	995	$	1,301		—

Derivative Liabilities

			Amount Not Offset in the Balance Sheet
	Net Amount Presented in the Balance Sheet		Financial Instruments		Cash Collateral		Net Amount
June 30, 2015
Derivative Liabilities
Interest rate contracts:
Designated	$	1,869	$	1,869	$	—	$	—
Not designated		40,943		24,793		14,388		1,762
	$	42,812	$	26,662	$	14,388	$	1,762
December 31, 2014
Derivative Liabilities
Interest rate contracts:
Designated	$	2,330	$	2,330	$	—	$	—
Not designated		43,655		28,646		13,243		1,766
	$	45,985	$	30,976	$	13,243	$	1,766