Schedule of interest income (expense) recorded on swap transactions

Interest income (expense) recorded on swap transactions was as follows for the periods presented (dollars in thousands):


	Years Ended December 31,
	2021		2020		2019
Interest income (expense) on swap transactions	$	(1,067)	$	(758)	$	60

Summary of Net gains (losses) relating to these derivative instruments

The following table reflects the net gains (losses) recorded in AOCI and the Consolidated Statements of Comprehensive Income relating to cash flow derivative instruments for the periods presented (dollars in thousands):


	Years Ended December 31,
	2021		2020		2019
Unrealized gains (losses) on cash flow hedges
Gain (loss) recognized in OCI, net of tax	$	736	$	(2,526)	$	(202)
(Gain) loss reclassified from OCI to interest expense, net of tax		763		542		2
Net change in unrealized gains (losses) on cash flow hedges	$	1,499	$	(1,984)	$	(200)

Summary of fair values of derivative assets and liabilities recorded in consolidated balance sheet

Amounts and fair values of mortgage banking derivatives included in the Consolidated Balance Sheets are summarized as follows (dollars in thousands):


		As of December 31, 2021				As of December 31, 2020
		Notional		Fair		Notional		Fair
	Location	Amount		Value		Amount		Value
Derivatives with positive fair value
Interest rate lock commitments	Other assets	$	19,384	$	206	$	45,004	$	1,201
Forward sales commitments	Other assets		1,884		10		978		32
Mortgage banking derivatives recorded in other assets		$	21,268	$	216	$	45,982	$	1,233

Derivatives with negative fair value
Interest rate lock commitments	Other liabilities	$	499	$	6	$	118	$	1
Forward sales commitments	Other liabilities		41,002		439		84,964		2,662
Mortgage banking derivatives recorded in other liabilities		$	41,501	$	445	$	85,082	$	2,663

Summary of Net gains (losses) relating to these derivative instruments

Changes in fair value of these derivative assets and liabilities are recorded in noninterest expense in the Consolidated Statements of Income and summarized as follows (dollars in thousands):


		Years Ended December 31,
	Location	2021		2020		2019
Interest rate swaps
Pay floating, receive fixed	Noninterest expense	$	(12,587)	$	20,331	$	10,915
Pay fixed, receive floating	Noninterest expense		12,587		(20,331)		(10,915)
Net change in fair value of interest rate swaps		$	—	$	—	$	—