Derivatives (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Values of Derivative Instruments on Balance Sheet

The table below presents the notional amounts and fair values (in thousands) of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheets as of June 30, 2014 and December 31, 2013.

							Fair Values (1)
			Notional Amounts				Assets				Liabilities
	Type of Hedge		June 30, 2014		December 31, 2013		June 30, 2014		December 31, 2013		June 30, 2014		December 31, 2013
Derivatives not designated as hedging instruments:
Interest rate swaps (2)		N/A	$	756,356	$	650,667	$	16,895	$	14,147	$	17,361	$	13,777
Risk participation agreements		N/A		81,540		19,736		113		2		156		2
Forward commitments to sell residential mortgage loans		N/A		47,063		45,910		43		326		530		115
Interest rate-lock commitments on residential mortgage loans N/A				30,443		25,956		255		56		35		107
Foreign exchange forward contracts		N/A		21,964		21,299		394		1,048		376		1,005
			$	937,366	$	763,568	$	17,700	$	15,579	$	18,458	$	15,006

(1) Derivative assets and liabilities are reported with other assets or other liabilities, respectively, in the consolidated balance sheets.

(2) The notional amount represents both the customer accommodation agreements and offsetting agreements with unrelated financial institutions.

Offsetting Derivative Assets and Liabilities

Offsetting information in regards to derivative assets and liabilities subject to master netting agreements at June 30, 2014 and December 31, 2013 is presented in the following tables (in thousands):

	Gross Amounts Recognized		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position		Cash Collateral
Description							Financial Instruments		Cash Collateral		Net Amount
As of June 30, 2014
Derivative Assets	$	17,008	$	—	$	17,008	$	1,386	$	—	$	15,622
Total	$	17,008	$	—	$	17,008	$	1,386	$	—	$	15,622
Derivative Liabilities	$	17,517	$	—	$	17,517	$	1,386	$	17,895	$	(1,764	)
Total	$	17,517	$	—	$	17,517	$	1,386	$	17,895	$	(1,764	)
As of December 31, 2013
Derivative Assets	$	14,149	$	—	$	14,149	$	3,462	$	—	$	10,687
Total	$	14,149	$	—	$	14,149	$	3,462	$	—	$	10,687
Derivative Liabilities	$	13,779	$	—	$	13,779	$	3,462	$	7,406	$	2,911
Total	$	13,779	$	—	$	13,779	$	3,462	$	7,406	$	2,911