Derivative Instruments

9 Months Ended

Sep. 30, 2012

Derivative Instruments [Abstract]

Derivative Instruments

Note I – Derivative Instruments

As of September 30, 2012 and December 31, 2011, the Company has derivative financial instruments not included in hedge relationships.  These derivatives consist of interest rate swaps used for interest rate management purposes and derivatives executed with commercial banking customers to facilitate their interest rate management strategies.

The following table summarizes the fair value of these derivative instruments at September 30, 2012 and December 31, 2011:

		September 30, 2012		December 31, 2011
Fair Value:
Other Assets	$	14,616	$	11,541
Other Liabilities		14,616		11,541

The following table summarizes the change in fair value of these derivative instruments for the three and nine months ended September 30, 2012 and 2011:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2012		2011		2012		2011
Change in Fair Value:
Other income - derivative asset	$	543	$	7,095	$	3,075	$	7,943
Other income - derivative liability		(543)		(7,095)		(3,075)		(7,943)