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v3.21.1

Derivatives and Hedging Activities (Details) - USD ($) $ in Thousands | 1 Months Ended | 3 Months Ended |
--- | --- | --- | ---
Mar. 31, 2020 | Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020
Interest rate locks |  |  |  |
Derivative financial instruments |  |  |  |
Off-balance sheet commitments |  | $ 242,409 |  | $ 229,862
Interest rate locks | Other Assets |  |  |  |
Derivative financial instruments |  |  |  |
Fair value of derivative |  | 6,097 |  | 8,605
Interest rate caps |  |  |  |
Derivative financial instruments |  |  |  |
Forecasted notional amount | $ 130,500 |  | $ 130,500 |
Derivative, term of contracts | 5 years |  |  |
Interest expense recorded |  | 42 | $ 0 |
Interest rate caps | Other Assets |  |  |  |
Derivative financial instruments |  |  |  |
Fair value of derivative |  | 752 |  | 201
Interest rate caps | Minimum |  |  |  |
Derivative financial instruments |  |  |  |
Derivative, cap interest rate | 1.50% |  | 1.50% |
Interest rate caps | Maximum |  |  |  |
Derivative financial instruments |  |  |  |
Derivative, cap interest rate | 2.00% |  | 2.00% |
Forward commitments to sell TBA securities |  |  |  |
Derivative financial instruments |  |  |  |
Forecasted notional amount |  | 206,000 |  | 206,000
Forward commitments to sell TBA securities | Other Liabilities |  |  |  |
Derivative financial instruments |  |  |  |
Fair value of derivative asset, gross liability |  | $ 4,212 |  | $ 2,056

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