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Balance Sheet Offsetting | 12 Months Ended
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Dec. 31, 2019
Text Block [Abstract] |
Balance Sheet Offsetting |
22. | BALANCE SHEET OFFSETTING
Assets and liabilities relating to certain financial instruments, including, derivatives and securities sold under repurchase agreements (“repurchase agreements”), may be eligible for offset in the consolidated balance sheets as permitted under accounting guidance. As noted above, our interest rate swap derivatives are subject to master netting arrangements. Our interest rate swap derivatives require the Company to pledge investment securities as collateral based on certain risk thresholds. Investment securities that have been pledged by the Company to counterparties continue to be reported in the Company’s consolidated balance sheets unless the Company defaults. We offer a repurchase agreement product to our customers, which include master netting agreements that allow for the netting of collateral positions. This product, known as Citizens Sweep Manager, sells certain of our securities overnight to our customers under an agreement to repurchase them the next day. The repurchase agreements are not offset in the Company’s consolidated balances.
|  | Gross Amounts Recognized in the Consolidated Balance Sheets |  |  | Gross Amounts Offset in the Consolidated Balance Sheets |  |  | Net Amounts Presented in the Consolidated Balance Sheets |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |  | Net Amount |
| Financial Instruments |  |  | Collateral Pledged |
|  | (Dollars in thousands) |
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives not designated as hedging instruments |  | $ | 11,502 |  |  | $ | - |  |  | $ | - |  |  | $ | 11,502 |  |  | $ | - |  |  | $ | 11,502 |
Total |  | $ | 11,502 |  |  | $ | - |  |  | $ | - |  |  | $ | 11,502 |  |  | $ | - |  |  | $ | 11,502 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives not designated as hedging instruments |  | $ | 11,619 |  |  | $ | (117 | ) |  | $ | 11,502 |  |  | $ | 117 |  |  | $ | (23,312 | ) |  | $ | (11,693 | )
Repurchase agreements |  |  | 428,659 |  |  |  | - |  |  |  | 428,659 |  |  |  | - |  |  |  | (510,138 | ) |  |  | (81,479 | )
Total |  | $ | 440,278 |  |  | $ | (117 | ) |  | $ | 440,161 |  |  | $ | 117 |  |  | $ | (533,450 | ) |  | $ | (93,172 | )
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives not designated as hedging instruments |  | $ | 1,938 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,938 |  |  | $ | - |  |  | $ | 1,938 |
Total |  | $ | 1,938 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,938 |  |  | $ | - |  |  | $ | 1,938 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives not designated as hedging instruments |  | $ | 4,203 |  |  | $ | (2,265 | ) |  | $ | 1,938 |  |  | $ | 2,265 |  |  | $ | - |  |  | $ | 4,203 |
Repurchase agreements |  |  | 442,255 |  |  |  | - |  |  |  | 442,255 |  |  |  | - |  |  |  | (487,607 | ) |  |  | (45,352 | )
Total |  | $ | 446,458 |  |  | $ | (2,265 | ) |  | $ | 444,193 |  |  | $ | 2,265 |  |  | $ | (487,607 | ) |  | $ | (41,149 | )

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- Definition The entire disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
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Namespace Prefix: | cvbf_
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- References No definition available. + Details
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Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration