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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Notional Amounts and Fair Values of Derivative Financial Instruments
The following table presents a summary of the notional amounts and fair values of derivative financial instruments:
 
June 30, 2015
 
December 31, 2014
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
Notional
Amount
 
Asset
(Liability)
Fair Value
 
(in thousands)
Interest Rate Locks with Customers
 
 
 
 
 
 
 
Positive fair values
$
126,063

 
$
1,268

 
$
89,655

 
$
1,391

Negative fair values
2,240

 
(48
)
 
301

 
(6
)
Net interest rate locks with customers

 
1,220

 

 
1,385

Forward Commitments
 
 
 
 
 
 
 
Positive fair values
111,387

 
1,705

 
—

 
—

Negative fair values
27,107

 
(24
)
 
93,802

 
(1,164
)
Net forward commitments
 
 
1,681

 
 
 
(1,164
)
Interest Rate Swaps with Customers
 
 
 
 
 
 
 
Positive fair values
558,750

 
19,317

 
468,080

 
19,716

Negative fair values
46,937

 
(234
)
 
25,418

 
(198
)
Net interest rate swaps with customers
 
 
19,083

 
 
 
19,518

Interest Rate Swaps with Dealer Counterparties
 
 
 
 
 
 
 
Positive fair values
46,937

 
234

 
25,418

 
198

Negative fair values
558,750

 
(19,317
)
 
468,080

 
(19,716
)
Net interest rate swaps with dealer counterparties
 
 
(19,083
)
 
 
 
(19,518
)
Foreign Exchange Contracts with Customers
 
 
 
 
 
 
 
Positive fair values
8,200

 
572

 
11,616

 
810

Negative fair values
7,128

 
(384
)
 
5,250

 
(441
)
Net foreign exchange contracts with customers
 
 
188

 
 
 
369

Foreign Exchange Contracts with Correspondent Banks
 
 
 
 
 
 
 
Positive fair values
9,296

 
629

 
5,287

 
446

Negative fair values
9,824

 
(672
)
 
13,572

 
(876
)
Net foreign exchange contracts with correspondent banks
 
 
(43
)
 
 
 
(430
)
Net derivative fair value asset
 
 
$
3,046

 
 
 
$
160
Summary of Fair Value Gains and Losses on Derivative Financial Instruments
The following table presents a summary of the fair value gains and losses on derivative financial instruments:
 
Three months ended June 30
 
Six months ended June 30
 
2015
 
2014
 
2015
 
2014
 
(in thousands)
Interest rate locks with customers
$
(1,287
)
 
$
1,203

 
$
(165
)
 
$
1,592

Forward commitments
2,291

 
(1,503
)
 
2,845

 
(3,001
)
Interest rate swaps with customers
(9,839
)
 
6,135

 
(435
)
 
10,340

Interest rate swaps with dealer counterparties
9,839

 
(6,135
)
 
435

 
(10,340
)
Foreign exchange contracts with customers
(748
)
 
105

 
(181
)
 
297

Foreign exchange contracts with correspondent banks
711

 
(98
)
 
387

 
(366
)
Net fair value gains (losses) on derivative financial instruments
$
967

 
$
(293
)
 
$
2,886

 
$
(1,478
)