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DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2014
DERIVATIVE INSTRUMENTS [Abstract]  
Offsetting Of Derivative Assets And Liabilities

 

 

 

           

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

Gross Amounts Not Offset

 

 

 

 

 

 

 

 

 

 

in the Consolidated

 

 

 

 

 

 

 

 

 

 

Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

 

Financial

 

 

  

  

Gross Amount

 

Gross Amount

 

Net Amount

 

Financial

 

Collateral

 

Net

 

 

Recognized

 

Offset

 

Recognized

 

Instruments

 

Pledged

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

(In thousands)

Financial assets:

  

 

 

 

 

 

 

 

 

 

 

 

Derivatives:

  

 

 

 

 

 

 

 

 

 

 

 

Forward commitments

  

$                2,177 

  

$                       - 

  

$               2,177 

  

$                  - 

 

$                    - 

 

$          2,177 

Loan/lease interest rate swaps

  

22,004 

 

 -

 

22,004 

  

 -

 

 -

 

22,004 

Total financial assets

  

$              24,181 

  

$                       - 

  

$             24,181 

  

$                  - 

 

$                    - 

 

$        24,181 

 

  

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities:

  

 

 

 

 

 

 

 

 

 

 

 

Derivatives:

  

 

 

 

 

 

 

 

 

 

 

 

Forward commitments

  

$                1,203 

  

$                       - 

  

$               1,203 

  

$                  - 

 

$                    - 

 

$          1,203 

Loan/lease interest rate swaps

  

22,004 

 

 -

 

22,004 

  

 -

 

(22,004)

 

 -

Repurchase arrangements

 

388,166 

 

 -

 

388,166 

 

(388,166)

 

 -

 

 -

Total financial liabilities

 

$            411,373 

 

$                       - 

 

$           411,373 

 

$     (388,166)

 

$        (22,004)

 

$          1,203 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

 

 

 

Gross Amounts Not Offset

 

 

 

 

 

 

 

 

 

 

in the Consolidated

 

 

 

 

 

 

 

 

 

 

Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

 

Financial

 

 

  

  

Gross Amount

 

Gross Amount

 

Net Amount

 

Financial

 

Collateral

 

Net

 

 

Recognized

 

Offset

 

Recognized

 

Instruments

 

Pledged

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

(In thousands)

Financial assets:

  

 

 

 

 

 

 

 

 

 

 

 

Derivatives:

  

 

 

 

 

 

 

 

 

 

 

 

Forward commitments

  

$                1,324 

  

$                       - 

  

$               1,324 

  

$                  - 

 

$                    - 

 

$          1,324 

Loan/lease interest rate swaps

  

29,249 

 

 -

 

29,249 

  

 -

 

 -

 

29,249 

Total financial assets

  

$              30,573 

  

$                       - 

  

$             30,573 

  

$                  - 

 

$                    - 

 

$        30,573 

 

  

 

 

 

 

 

 

 

 

 

 

 

Financial liabilities:

  

 

 

 

 

 

 

 

 

 

 

 

Derivatives:

  

 

 

 

 

 

 

 

 

 

 

 

Forward commitments

  

$                   103 

  

$                       - 

  

$                  103 

  

$                  - 

 

$                    - 

 

$             103 

Loan/lease interest rate swaps

  

29,249 

 

 -

 

29,249 

  

 -

 

(29,249)

 

 -

Repurchase arrangements

 

421,028 

 

 -

 

421,028 

 

(421,028)

 

 -

 

 -

Total financial liabilities

 

$            450,380 

 

$                       - 

 

$           450,380 

 

$     (421,028)

 

$        (29,249)

 

$             103