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Derivative Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2022
Derivative Financial Instruments |
Summary of notional amounts and fair values of derivatives held | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2022 | ​ | December 31, 2021
​ | ​ | ​ | ​ | ​ | Fair Value | ​ | ​ | ​ | ​ | Fair Value
​ | ​ | Notional | ​ | Asset | ​ | Liability | ​ | Notional | ​ | Asset | ​ | Liability
(dollars in thousands) |  | Amount |  | Derivatives(1) |  | Derivatives(2) |  | Amount |  | Derivatives(1) |  | Derivatives(2)
Derivatives designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps | ​ | $ | 267,500 | ​ | $ | 5,677 | ​ | $ | (7,115) | ​ | $ | 67,500 | ​ | $ | — | ​ | $ | (1,211)
Interest rate collars | ​ | ​ | 200,000 | ​ | ​ | — | ​ | ​ | (1,037) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Derivatives not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps | ​ | ​ | 2,866,620 | ​ | ​ | 5,865 | ​ | ​ | (46,669) | ​ | ​ | 2,827,582 | ​ | ​ | 50,898 | ​ | ​ | —
Visa derivative | ​ | ​ | 113,607 | ​ | ​ | — | ​ | ​ | (2,359) | ​ | ​ | 105,916 | ​ | ​ | — | ​ | ​ | (5,530)
Interest rate caps and floors | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 148,800 | ​ | ​ | 27 | ​ | ​ | (27)
Foreign exchange contracts | ​ | ​ | 1,116 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 217 | ​ | ​ | — | ​ | ​ | —
(1) | The positive fair values of derivative assets are included in other assets.
(2) | The negative fair values of derivative liabilities are included in other liabilities.
Schedule of net gains and losses recognized in income related to derivatives in fair value hedging relationships | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gains (losses) recognized in | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | the consolidated statements | ​ | September 30, | ​ | September 30,
(dollars in thousands) |  | of income line item |  | 2022 |  | 2021 |  | 2022 |  | 2021
Gains (losses) on fair value hedging relationships recognized in interest income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Recognized on interest rate swap | ​ | Loans and lease financing | ​ | $ | 745 | ​ | $ | 111 | ​ | $ | 6,888 | ​ | $ | 425
Recognized on hedged item | ​ | Loans and lease financing | ​ | ​ | (839) | ​ | ​ | (126) | ​ | ​ | (7,185) | ​ | ​ | (512)
Schedule of amounts related to cumulative basis adjustments for fair value hedges | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Cumulative Amount of Fair Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Hedging Adjustment Included in the
​ | ​ | Carrying Amount of the Hedged Asset | ​ | Carrying Amount of the Hedged Asset
(dollars in thousands) |  | September 30, 2022 |  | December 31, 2021 |  | September 30, 2022 |  | December 31, 2021
Line item in the consolidated balance sheets in which the hedged item is included | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loans and leases | ​ | $ | 61,794 | ​ | $ | 68,707 | ​ | $ | (5,706) | ​ | $ | 1,207
Summary of effect of cash flow hedging relationships | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
(dollars in thousands) |  | September 30, 2022 |  | September 30, 2022
Pretax net losses recognized in other comprehensive income on cash flow derivative hedges | ​ | $ | (4,372) | ​ | $ | (7,611)
Pretax net losses (gains) reclassified from accumulated other comprehensive income to interest income from loans and lease financing | ​ | ​ | 98 | ​ | ​ | (540)
Summary of impact on pretax earnings of derivatives not designated as hedges | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net gains (losses) recognized | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | in the consolidated statements | ​ | September 30, | ​ | September 30,
(dollars in thousands) |  | of income line item | ​ | 2022 |  | 2021 |  | 2022 |  | 2021
Derivatives Not Designated As Hedging Instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Visa derivative | ​ | Other noninterest income | ​ | $ | 273 | ​ | $ | (49) | ​ | ​ | (1,084) | ​ | ​ | (46)

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