XML 62 R46.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Value of Derivative Assets and Derivative Liabilities
The following table indicates the amount representing the value of derivative assets and derivative liabilities at December 31:
 
Derivatives (included in
Other Assets)
Derivatives (included
in Other Liabilities)
(dollars in thousands)
2015
2014
2015
2014
Derivatives not Designated as Hedging Instruments
 
 
 
 
Interest Rate Swap Contracts—Commercial Loans
 
 
 
 
Fair value
$
11,295

$
12,981

$
11,276

$
12,953

Notional amount
245,595

245,152

245,595

245,152

Collateral posted
—

—

12,753

12,059

Interest Rate Lock Commitments—Mortgage Loans
 
 
 
 
Fair value
261

235

—

—

Notional amount
9,894

8,822

—

—

Forward Sale Contracts—Mortgage Loans
 
 
 
 
Fair value
—

—

5

57

Notional amount
—

—

9,800

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 at December 31:
 
Derivatives (included
in Other Assets)
Derivatives (included
in Other Liabilities)
(dollars in thousands)
2015
2014
2015
2014
Derivatives not Designated as Hedging Instruments
 
 
 
 
Gross amounts recognized
$
11,295

$
13,203

$
11,276

$
13,175

Gross amounts offset
—

(222
)
—

(222
)
Net amounts presented in the Consolidated Balance Sheets
11,295

12,981

11,276

12,953

Gross amounts not offset(1)
—

—

(12,573
)
(12,059
)
Net Amount
$
11,295

$
12,981

$
(1,297
)
$
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 years ended December 31:
(dollars in thousands)
2015

2014

2013

Derivatives not Designated as Hedging Instruments
 
 
 
Interest rate swap contracts—commercial loans
$
(8
)
$
(24
)
$
(174
)
Interest rate lock commitments—mortgage loans
26

150

(382
)
Forward sale contracts—mortgage loans
52

(90
)
82

Total Derivative Gain (Loss)
$
70

$
36

$
(474
)