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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of amounts of non-hedging derivative financial instruments

The following table shows the amounts of non-hedging derivative financial instruments at December 31, 2020 and 2019.

												Asset derivatives												Liability derivatives
(Dollars in thousands)						Notional or contractual amount						Statement of Financial Condition classification						Fair value						Statement of Financial Condition classification						Fair value
Interest rate swap contracts						$	1,155,252					Other assets						$	46,654					Other liabilities						$	47,681
Loan commitments						32,588						Mortgages held for sale						1,487						N/A						—
Forward contracts - mortgage loan						38,310						N/A						—						Mortgages held for sale						290
Total - December 31, 2020						$	1,226,150											$	48,141											$	47,971
Interest rate swap contracts						$	1,074,809					Other assets						$	21,975					Other liabilities						$	22,352
Loan commitments						9,950						Mortgages held for sale						185						N/A						—
Forward contracts - mortgage loan						23,632						N/A						—						Mortgages held for sale						38
Total - December 31, 2019						$	1,108,391											$	22,160											$	22,390

Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments

The following table shows the amounts included on the Consolidated Statements of Income for non-hedging derivative financial instruments at December 31, 2020, 2019 and 2018.

												Gain (loss)
(Dollars in thousands)						Statement of Income classification						2020						2019						2018
Interest rate swap contracts						Other expense						$	(650)					$	(252)					$	(30)
Interest rate swap contracts						Other income						879						1,356						1,028
Loan commitments						Mortgage banking						1,302						73						46
Forward contracts - mortgage loan						Mortgage banking						(252)						97						(125)
Total												$	1,279					$	1,274					$	919

Schedule of offsetting of financial assets and derivative assets

The following table shows the offsetting of financial assets and derivative assets at December 31, 2020 and 2019.

																								Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)						Gross Amounts of Recognized Assets						Gross Amounts Offset in the Statement of Financial Condition						Net Amounts of Assets Presented in the Statement of Financial Condition						Financial Instruments						Cash Collateral Received						Net Amount
December 31, 2020
Interest rate swaps						$	52,872					$	6,218					$	46,654					$	—					$	—					$	46,654
December 31, 2019
Interest rate swaps						$	22,279					$	304					$	21,975					$	—					$	—					$	21,975

Schedule of offsetting of financial liabilities and derivative liabilities

The following table shows the offsetting of financial liabilities and derivative liabilities at December 31, 2020 and 2019.

																								Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)						Gross Amounts of Recognized Liabilities						Gross Amounts Offset in the Statement of Financial Condition						Net Amounts of Liabilities Presented in the Statement of Financial Condition						Financial Instruments						Cash Collateral Pledged						Net Amount
December 31, 2020
Interest rate swaps						$	53,899					$	6,218					$	47,681					$	46,978					$	—					$	703
Repurchase agreements						143,564						—						143,564						143,564						—						—
Total						$	197,463					$	6,218					$	191,245					$	190,542					$	—					$	703
December 31, 2019
Interest rate swaps						$	22,656					$	304					$	22,352					$	23,482					$	—					$	(1,130)
Repurchase agreements						120,459						—						120,459						120,459						—						—
Total						$	143,115					$	304					$	142,811					$	143,941					$	—					$	(1,130)

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

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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.

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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.

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