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Fair Value (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments
The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of September 30, 2017, as follows:
 
 
Fair Value
 
Balance Sheet Location
Rate lock commitments:
 
 
 
 
Gross assets
 
$
7,221

 
 
Gross liabilities
 
3,610

 
 
Net rate lock commitments
 
$
3,611

 
NVRM - Other assets
Forward sales contracts:
 
 
 
 
Gross assets
 
$
1,771

 
 
Gross liabilities
 
802

 
 
Net forward sales contracts
 
$
969

 
NVRM - Other assets
Fair Value Measurement
The fair value measurement as of September 30, 2017 was as follows:
 
 
Notional or
Principal
Amount
 
Assumed
Gain/(Loss)
From Loan
Sale
 
Interest
Rate
Movement
Effect
 
Servicing
Rights
Value
 
Security
Price
Change
 
Total Fair
Value
Measurement
Gain/(Loss)
Rate lock commitments
 
$
668,936

 
$
(1,433
)
 
$
(1,361
)
 
$
6,405

 
$

 
$
3,611

Forward sales contracts
 
$
838,131

 

 

 

 
969

 
969

Mortgages held for sale
 
$
256,017

 
(301
)
 
265

 
2,573

 

 
2,537

Total fair value measurement
 
 
 
$
(1,734
)
 
$
(1,096
)
 
$
8,978

 
$
969

 
$
7,117