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Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Financial Instruments

The following table presents the fair value of Customers’ derivative financial instruments as well as their presentation on the consolidated balance sheets at December 31, 2017 and 2016.

		December 31, 2017
		Derivative Assets						Derivative Liabilities
		Balance Sheet						Balance Sheet
		Location		Fair Value				Location		Fair Value
(amounts in thousands)
Derivatives designated as cash flow hedges
Interest rate swaps		Other assets		$	816			Other liabilities		$	1,140
Total				$	816					$	1,140
Derivatives not designated as hedging instruments
Interest rate swaps		Other assets		$	8,776			Other liabilities		$	8,897
Credit contracts		Other assets		100				Other liabilities		37
Residential mortgage loan commitments		Other assets		60				Other liabilities		—
Total				$	8,936					$	8,934

		December 31, 2016
		Derivative Assets						Derivative Liabilities
		Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
(amounts in thousands)
Derivatives designated as cash flow hedges
Interest rate swaps		Other assets		$	—			Other liabilities		$	3,624
Total				$	—					$	3,624
Derivatives not designated as hedging instruments
Interest rate swaps		Other assets		$	10,683			Other liabilities		$	10,537
Credit contracts		Other assets		136				Other liabilities		11
Residential mortgage loan commitments		Other assets		45				Other liabilities		—
Total				$	10,864					$	10,548

Effect of Derivative Instruments on Comprehensive Income

The following table presents the effect of Customers' derivative financial instruments on comprehensive income for the years ended December 31, 2017, 2016 and 2015.

	For the Year Ended December 31, 2017
	Income Statement Location	Amount of Income  Recognized in Earnings
(amounts in thousands)
Derivatives not designated as hedging instruments
Interest rate swaps	Other non-interest income	$	604
Credit contracts	Other non-interest income	171
Residential mortgage loan commitments	Mortgage banking income	15
Total		$	790

	For the Year Ended December 31, 2016
	Income Statement Location	Amount of Income  Recognized in Earnings
(amounts in thousands)
Derivatives not designated as hedging instruments
Interest rate swaps	Other non-interest income	$	2,955
Credit contracts	Other non-interest income	163
Residential mortgage loan commitments	Mortgage banking income	—
Total		$	3,118

	For the Year Ended December 31, 2015
	Income Statement Location	Amount of Income (Loss) Recognized in Earnings
(amounts in thousands)
Derivatives not designated as hedging instruments
Interest rate swaps	Other non-interest income	$	1,889
Credit contracts	Other non-interest income	(15		)
Residential mortgage loan commitments	Mortgage banking income	2
Total		$	1,876

		For the Year Ended December 31, 2017
						Location of Gain		Amount of Loss
		Amount of Income				(Loss) Reclassified		Reclassified from
		Recognized in OCI on				from Accumulated		Accumulated OCI into
		Derivatives (Effective				OCI into Income		Income (Effective
		Portion) (1)				(Effective Portion)		Portion)
(amounts in thousands)
Derivatives in cash flow hedging relationships:
Interest rate swaps		$	406			Interest expense		$	(2,634	)

		For the Year Ended December 31, 2016
						Location of Gain		Amount of Loss
		Amount of Loss				(Loss) Reclassified		Reclassified from
		Recognized in OCI on				from Accumulated		Accumulated OCI into
		Derivatives (Effective				OCI into Income		Income (Effective
		Portion) (1)				(Effective Portion)		Portion)
(amounts in thousands)
Derivative in cash flow hedging relationship:
Interest rate swaps		$	(629	)		Interest expense		$	(1,946	)

		For the Year Ended December 31, 2015
						Location of Gain		Amount of Gain (Loss)
		Amount of Loss				(Loss) Reclassified		Reclassified from
		Recognized in OCI on				from Accumulated		Accumulated OCI into
		Derivatives (Effective				OCI into Income		Income (Effective
		Portion) (1)				(Effective Portion)		Portion)
(amounts in thousands)
Derivative in cash flow hedging relationship:
Interest rate swaps		$	(1,534	)		Interest expense		$	—

(1) Amounts presented are net of taxes

Summary of Offsetting of Financial Assets and Derivative Assets

The following tables present derivative instruments that are subject to enforceable master netting arrangements. Customers' interest rate swaps with institutional counterparties are subject to master netting arrangements and are included in the table below. Interest rate swaps with commercial banking customers and residential mortgage loan commitments are not subject to master netting arrangements and are excluded from the table below. Customers has not made a policy election to offset its derivative positions.

	Offsetting of Financial Assets and Derivative Assets at
	December 31, 2017
													Gross Amounts Not Offset in the Consolidated Balance Sheet
	Gross Amount of Recognized  Assets				Gross Amounts Offset in the Consolidated Balance Sheet				Net Amounts of Assets Presented in the Consolidated Balance Sheet				Financial Instruments				Cash Collateral Received				Net Amount
(amounts in thousands)
Description
Interest rate swap derivatives with institutional counterparties	$	5,930			$	—			$	5,930			$	—			$	5,070			$	860

	Offsetting of Financial Assets and Derivative Assets at
	December 31, 2016
													Gross Amounts Not Offset in the Consolidated Balance Sheet
	Gross Amount of Recognized  Assets				Gross Amounts Offset in the Consolidated Balance Sheet				Net Amounts of Assets Presented in the Consolidated Balance Sheet				Financial Instruments				Cash Collateral Received				Net Amount
(amounts in thousands)
Description
Interest rate swap derivatives with institutional counterparties	$	4,723			$	—			$	4,723			$	—			$	—			$	4,723

Summary of Offsetting of Financial Liabilities and Derivative Liabilities

	Offsetting of Financial Liabilities and Derivative Liabilities at
	December 31, 2017
													Gross Amounts Not Offset in the Consolidated Balance Sheet
	Gross Amount of Recognized  Liabilities				Gross Amounts Offset in the Consolidated Balance Sheet				Net Amounts of Liabilities Presented in the Consolidated Balance Sheet				Financial Instruments				Cash Collateral Pledged				Net Amount
(amounts in thousands)
Description
Interest rate swap derivatives with institutional counterparties	$	5,058			$	—			$	5,058			$	—			$	4,872			$	186

	Offsetting of Financial Liabilities and Derivative Liabilities at
	December 31, 2016
	Gross Amount of Recognized  Liabilities				Gross Amounts Offset in the Consolidated Balance Sheet				Net Amounts of Liabilities Presented in the Consolidated Balance Sheet				Financial Instruments				Cash Collateral Pledged				Net Amount
(amounts in thousands)
Description
Interest rate swap derivatives with institutional counterparties	$	9,825			$	—			$	9,825			$	—			$	4,472			$	5,353

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Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

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Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312

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-Name Accounting Standards Codification
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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

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