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Derivatives (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Credit Value Adjustment Recorded Related to Notional Amount of Derivatives Outstanding
The following table depicts the credit value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks at December 31:
 
2017
 
2016
 
(dollars in thousands)
Derivatives not Designated as Hedging Instruments
 
 
 
Credit value adjustment
$
(791
)
 
$
(317
)
Notional Amount:
 
 
 
Interest rate derivatives
401,304

 
345,102

Interest rate caps
46,444

 
14,762

Risk participation agreements
197,660

 
174,213

Sold credit protection on risk participation agreements
(46,170
)
 
(40,281
)
Derivatives Designated as Hedging Instruments
 
 
 
Interest rate swaps:
 
 
 
Fair value adjustment
459

 
(443
)
Notional Amount
150,000

 
200,000

Interest rate forwards:
 
 
 
Fair value adjustment
19

 

Notional Amount
17,000

 

Foreign exchange forwards:
 
 
 
Fair value adjustment
(70
)
 
(8
)
Notional Amount
10,077

 
4,749

Schedule of Change in Fair Value of Derivative Assets and Liabilities
The table below presents the amount representing the change in the fair value of derivative assets and derivative liabilities attributable to credit risk included in “Other income” on the Consolidated Statements of Income for the years ended December 31:
 
2017
 
2016
 
2015
 
(dollars in thousands)
Non-hedging interest rate derivatives:
 
 
 
 
 
(Decrease) increase in other income
$
(473
)
 
$
219

 
$
(274
)
Hedging interest rate derivatives:
 
 
 
 
 
Increase in interest income
452

 
1,627

 
2,049

Increase in other income
119

 
70

 
64

Hedging interest rate forwards:
 
 
 
 
 
Decrease in other expense
(19
)
 

 

Hedging interest rate derivatives:
 
 
 
 
 
Increase (decrease) in other expense
4

 
(5
)