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BALANCE SHEET OFFSETTING (Tables)
12 Months Ended
Dec. 31, 2013
Offsetting [Abstract]  
Financial Instruments Derivative Assets Liabilities and resell agreements net of amount not offset [Table Text Block]
The following tables present the Company's asset and liability derivative positions and the potential effect of netting arrangements on its financial position, as of the periods indicated:
 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Position
 

Gross Amounts Recognized
Gross Amounts Offset in the Statement of Financial Position
Net Amounts Presented in the Statement of Financial Position
Financial Instruments (1)
Collateral Pledged (Received)
Net Amount
 
December 31, 2013
 
(Dollars in thousands)
Derivative Assets
 
Interest rate swaps
$

$

$

$

$

$

Loan level swaps
16,301


16,301

2,823


13,478

Customer foreign exchange contracts
396


396



396

 
$
16,697

$

$
16,697

$
2,823

$

$
13,874

 
 
 
 
 
 
 
Derivative Liabilities
 
Interest rate swaps
$
9,630

$

$
9,630

$

$
9,630

$

Loan level swaps
16,340


16,340

2,823

12,930

587

Customer foreign exchange contracts
390


390



390

Repurchase agreements
 
 
 
 
 
 
Customer repurchase agreements
149,288


149,288


(149,288
)

Wholesale repurchase agreements
50,000


50,000


(50,000
)

 
$
225,648

$

$
225,648

$
2,823

$
(176,728
)
$
977


(1)
Includes loan level swaps which are not subject to a master netting arrangement and thus are not offset in the statement of financial position.

 
 
 
 
Gross Amounts Not Offset in the Statement of Financial Position
 
 
Gross Amounts Recognized
Gross Amounts Offset in the Statement of Financial Position
Net Amounts Presented in the Statement of Financial Position
Financial Instruments
Collateral Pledged (Received)
Net Amount
 
December 31, 2012
 
(Dollars in thousands)
Derivative Assets
 
Interest rate swaps
$

$

$

$

$

$

Loan level swaps
28,678


28,678



28,678

Customer foreign exchange contracts
1,748


1,748



1,748

 
$
30,426

$

$
30,426

$

$

$
30,426

 
 
 
 
 
 
 
Derivative Liabilities
 
Interest rate swaps
$
16,189

$

$
16,189

$

$
16,189

$

Loan level swaps
28,663


28,663


28,663


Customer foreign exchange contracts
1,718


1,718



1,718

Repurchase agreements
 
 
 
 
 
 
Customer repurchase agreements
153,359


153,359


(153,359
)

Wholesale repurchase agreements
50,000


50,000


(49,693
)
307

 
$
249,929

$

$
249,929

$

$
(158,200
)
$
2,025