Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2015

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, 2015		December 31, 2014		March 31, 2015		December 31, 2014
Derivatives not Designated as Hedging Instruments:
Interest Rate Swap Contracts- Commercial Loans
Fair value	$	14,020	$	12,981	$	13,979	$	12,953
Notional amount	228,800		245,152		228,800		245,152
Collateral posted	—		—		12,498		12,059
Interest Rate Lock Commitments- Mortgage Loans
Fair value	371		235		—		—
Notional amount	11,923		8,822		—		—
Forward Sale Contracts- Mortgage Loans
Fair value	—		—		74		57
Notional amount	$	—	$	—	$	10,680	$	7,789

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, 2015		December 31, 2014			March 31, 2015			December 31, 2014
Derivatives not Designated as Hedging Instruments:
Gross amounts recognized	$	14,020	$	13,203		$	13,979		$	13,175
Gross amounts offset	—		(222		)	—			(222		)
Net amounts presented in the Consolidated Balance Sheets	14,020		12,981			13,979			12,953
Gross amounts not offset(1)	—		—			(12,498		)	(12,059		)
Net Amount	$	14,020	$	12,981		$	1,481		$	894

⁽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)	2015			2014
Derivatives not Designated as Hedging Instruments
Interest rate swap contracts—commercial loans	$	13		$	(8	)
Interest rate lock commitments—mortgage loans	136			8
Forward sale contracts—mortgage loans	(17		)	(29		)
Total Derivatives Gain (Loss)	$	132		$	(29	)