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Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Value of Derivative Assets and Derivative Liabilities

The following table indicates the amounts representing the value of derivative assets and derivative liabilities as of the dates presented:

			Derivatives (included in Other Assets)																		Derivatives (included in Other Liabilities)
(dollars in thousands)			September 30, 2020									December 31, 2019									September 30, 2020									December 31, 2019
Derivatives not Designated as Hedging Instruments:
Interest Rate Swap Contracts - Commercial Loans
Fair value						$	90,163								$	25,647								$	90,616								$	25,615
Notional amount						943,369									740,762									943,369									740,762
Collateral posted						—									—									90,820									26,127
Interest Rate Lock Commitments - Mortgage Loans
Fair value						3,198									321									—									—
Notional amount						51,985									9,829									—									—
Forward Sale Contracts - Mortgage Loans
Fair value						—									1									450									—
Notional amount						$	—								$	12,750								$	51,871								$	—

Schedule of Offsetting Derivative Assets

The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets as of the dates presented:

			Derivatives (included in Other Assets)																		Derivatives (included in Other Liabilities)
(dollars in thousands)			September 30, 2020									December 31, 2019									September 30, 2020									December 31, 2019
Derivatives not Designated as Hedging Instruments:
Gross amounts recognized						$	94,821								$	26,146								$	94,779								$	26,114
Gross amounts offset						(4,658)									(499)									(4,163)									(499)
Net Amounts Presented in the Consolidated Balance Sheets						90,163									25,647									90,616									25,615
Gross amounts not offset(1)						—									—									(90,820)									(26,127)
Net Amount						$	90,163								$	25,647								$	(204)								$	(512)

(1) Amounts represent collateral posted for the periods presented.

Schedule of Offsetting Derivative Liabilities

The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets as of the dates presented:

			Derivatives (included in Other Assets)																		Derivatives (included in Other Liabilities)
(dollars in thousands)			September 30, 2020									December 31, 2019									September 30, 2020									December 31, 2019
Derivatives not Designated as Hedging Instruments:
Gross amounts recognized						$	94,821								$	26,146								$	94,779								$	26,114
Gross amounts offset						(4,658)									(499)									(4,163)									(499)
Net Amounts Presented in the Consolidated Balance Sheets						90,163									25,647									90,616									25,615
Gross amounts not offset(1)						—									—									(90,820)									(26,127)
Net Amount						$	90,163								$	25,647								$	(204)								$	(512)

(1) Amounts represent collateral posted for the periods presented.

Schedule of Amount of Gain or Loss Recognized in Income on Derivatives

The following table indicates the gain or loss recognized in income on derivatives for the periods presented:

			Three Months Ended September 30,																		Nine Months Ended September 30,
(dollars in thousands)			2020									2019									2020									2019
Derivatives not Designated as Hedging Instruments
Interest rate swap contracts—commercial loans						$	(537)								$	(16)								$	(485)								$	(112)
Interest rate lock commitments—mortgage loans						86									(194)									2,877									204
Forward sale contracts—mortgage loans						144									169									(451)									9
Total Derivatives (Loss)/Gain						$	(307)								$	(41)								$	1,941								$	101

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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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-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/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
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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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