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BALANCE SHEET OFFSETTING (Tables)
12 Months Ended
Dec. 31, 2014
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
Net Amount
 
December 31, 2014
 
(Dollars in thousands)
Derivative Assets
 
Interest rate swaps
$
—

$
—

$
—

$
—

$
—

$
—

Loan level derivatives
18,383

—

18,383

272

—

18,111

Customer foreign exchange contracts
4,007

—

4,007

—

—

4,007

 
$
22,390

$
—

$
22,390

$
272

$
—

$
22,118

 
 
 
 
 
 
 
Derivative Liabilities
 
Interest rate swaps
$
5,571

$
—

$
5,571

$
—

$
5,571

$
—

Loan level derivatives
18,380

—

18,380

272

17,836

272

Customer foreign exchange contracts
3,984

—

3,984

—

—

3,984

Repurchase agreements
 
 
 
 
 
 
Customer repurchase agreements
147,890

—

147,890

—

147,890

—

Wholesale repurchase agreements
50,000

—

50,000

—

50,000

—

 
$
225,824

$
—

$
225,824

$
272

$
221,297

$
4,255


(1)
Reflects offsetting derivative positions with the same counterparty.
 
 
 
 
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
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

10,108

3,409

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

$
219,026

$
3,799

(1)
Reflects offsetting derivative positions with the same counterparty.