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Derivative Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location | At March 31, 2017 and December 31, 2016, the following interest rate swaps related to our loan hedging program were outstanding:
|  | As of March 31, 2017 |  | As of December 31, 2016
|  | (Dollars in thousands)
Interest rate swaps on loans with loan customers |  |  |  |
Notional amount |  | $ | 263,153 |  |  | $ | 223,098 |
Weighted average remaining term |  | 7.6 years |  |  | 7.4 years |
Received fixed rate (weighted average) |  | 4.34 | % |  | 4.29 | %
Pay variable rate (weighted average) |  | 3.21 | % |  | 3.06 | %
Estimated fair value |  | $ | (1,623 | ) |  | $ | (1,565 | )
Back to back interest rate swaps with correspondent banks |  |  |  |
Notional amount |  | $ | 263,153 |  |  | $ | 223,098 |
Weighted average remaining term |  | 7.6 years |  |  | 7.4 years |
Received variable rate (weighted average) |  | 3.21 | % |  | 3.06 | %
Pay fixed rate (weighted average) |  | 4.34 | % |  | 4.29 | %
Estimated fair value |  | $ | 1,623 |  |  | $ | 1,565 |
Schedule of Derivative Instruments | The following table reflects the notional amount and fair value of mortgage banking derivatives for the dates indicated:
| As of March 31, 2017 |  | As of December 31, 2016
(Dollars in thousands) | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Assets: |  |  |  |  |  |  |
Interest rate lock commitments | $ | 6,801 |  |  | $ | 113 |  |  | $ | 11,168 |  |  | $ | 130 |
Forward sale contracts related to mortgage banking | $ | 626 |  |  | $ | — |  |  | $ | 3,223 |  |  | $ | 17 |
Liabilities: |  |  |  |  |  |  |
Interest rate lock commitments | $ | — |  |  | $ | — |  |  | $ | 1,810 |  |  | $ | (3 | )
Forward sale contracts related to mortgage banking | $ | 6,175 |  |  | $ | (40 | ) |  | $ | 9,755 |  |  | $ | (38 | )
The following table reflects the notional amount and fair value of mortgage banking derivatives for the date indicated:
| As of March 31, 2017 |  | As of December 31, 2016
| Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
| (Dollars in thousands)
Assets: |  |  |  |  |  |  |
Interest rate lock commitments | $ | 6,801 |  |  | $ | 113 |  |  | $ | 11,168 |  |  | $ | 130 |
Forward sale contracts related to mortgage banking | $ | 626 |  |  | $ | — |  |  | $ | 3,223 |  |  | $ | 17 |
Liabilities: |  |  |  |  |  |  |
Interest rate lock commitments | $ | — |  |  | $ | — |  |  | $ | 1,810 |  |  | $ | (3 | )
Forward sale contracts related to mortgage banking | $ | 6,175 |  |  | $ | (40 | ) |  | $ | 9,755 |  |  | $ | (38 | )

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
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