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Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018 and 2017.

		December 31, 2018
		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		$	256			Other liabilities		$	1,502
Total				$	256					$	1,502
Derivatives not designated as hedging instruments
Interest rate swaps		Other assets		$	14,300			Other liabilities		$	14,730
Credit contracts		Other assets		68				Other liabilities		54
Residential mortgage loan commitments		Other assets		69				Other liabilities		—
Total				$	14,437					$	14,784

		December 31, 2017
		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		$	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

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, 2018, 2017 and 2016.

	For the Year Ended December 31, 2018
	Income Statement Location	Amount of Income Recognized in Earnings
(amounts in thousands)
Derivatives not designated as hedging instruments
Interest rate swaps (1)	Other non-interest income	$	3,409
Credit contracts	Other non-interest income	127
Residential mortgage loan commitments	Mortgage banking income	9
Total		$	3,545

(1) Includes income recognized from the termination of interest rate swaps.

	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, 2018
		Amount of Gain (Loss) Recognized in OCI on Derivatives (1)				Location of Gain (Loss) Reclassified from Accumulated OCI into Income		Amount of Gain (Loss) Reclassified from Accumulated OCI into Income
(amounts in thousands)
Derivatives in cash flow hedging relationships:
Interest rate swaps		$	1,477			Interest expense		$	95
						Other non-interest income (2)		2,822
								$	2,917

(1) Amounts presented are net of taxes. See Note 4 - CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) for the total effect on other comprehensive income (loss) from derivatives designated as cash flow hedges.

(2) Includes income recognized from the termination of interest rate swaps.

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

(1) Amounts presented are net of taxes. See Note 4 - CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) for the total effect on other comprehensive income (loss) from derivatives designated as cash flow hedges.

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

(1) Amounts presented are net of taxes. See Note 4 - CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) for the total effect on other comprehensive income (loss) from derivatives designated as cash flow hedges.

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, 2018
													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	$	7,529			$	—			$	7,529			$	—			$	1,860			$	5,669

	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

Summary of Offsetting of Financial Liabilities and Derivative Liabilities

	Offsetting of Financial Liabilities and Derivative Liabilities at
	December 31, 2018
													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	$	9,077			$	—			$	9,077			$	—			$	702			$	8,375

	Offsetting of Financial Liabilities and Derivative Liabilities at
	December 31, 2017
	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

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