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Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Value of Derivative Assets and Derivative Liabilities
The following table indicates the amounts representing the value of derivative assets and derivative liabilities as of the dates presented:
 
Derivatives
(included in Other Assets)
 
Derivatives
(included in Other Liabilities)
(dollars in thousands)
March 31, 2014
December 31, 2013
 
March 31, 2014
December 31, 2013
Derivatives not Designated as Hedging Instruments


 


Interest Rate Swap Contracts—Commercial Loans


 


Fair value
$
13,433

$
13,698

 
$
13,390

$
13,647

Notional amount
264,128

261,754

 
264,128

261,754

Collateral posted
—

—

 
11,157

12,611

Interest Rate Lock Commitments—Mortgage Loans


 


Fair value
93

85

 
—

—

Notional amount
3,666

3,989

 
—

—

Forward Sale Contracts—Mortgage Loans


 


Fair value
5

34

 
—

—

Notional amount
3,850

5,250

 
—

—
Schedule of Gross Amounts of Derivative Assets and Derivative Liabilities
The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets as of the dates presented:
 
Derivatives
(included in Other Assets)
 
Derivatives
(included in Other Liabilities)
(dollars in thousands)
March 31, 2014
December 31, 2013
 
March 31, 2014
December 31, 2013
Derivatives not Designated as Hedging Instruments


 


Gross amounts recognized
$
13,716

$
14,012

 
$
13,673

$
13,961

Gross amounts offset
(283
)
(314
)
 
(283
)
(314
)
Net amounts presented in the Consolidated Balance Sheets
13,433

13,698

 
13,390

13,647

Gross amounts not offset(1)
—

—

 
(11,157
)
(12,611
)
Net Amount
$
13,433

$
13,698

 
$
2,233

$
1,036

(1) Amounts represent posted collateral.
Amount of Gain or Loss Recognized in Income on Derivatives
The following table indicates the gain or loss recognized in income on derivatives for the periods presented:
 
Three Months Ended March 31,
(dollars in thousands)
2014
 
2013
Derivatives not Designated as Hedging Instruments

 

Interest rate swap contracts—commercial loans
$
(8
)
 
$
(129
)
Interest rate lock commitments—mortgage loans
8

 
(226
)
Forward sale contracts—mortgage loans
(29
)
 
24

Total Derivatives Loss
$
(29
)
 
$
(331
)