XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.19.2

Derivative Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
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 June 30, 2019 and December 31, 2018, interest rate swaps related to the Company’s loan hedging program that were outstanding is presented in the following table:
|  | June 30, 2019 |  | December 31, 2018
|  | (Dollars in thousands)
Interest rate swaps on loans with correspondent banks (included in other assets) |  |  |  |
Notional amount |  | $ | 71,201 |  |  | $ | 237,916 |
Weighted average remaining term (years) |  | 4.6 |  |  | 6.8 |
Pay fixed rate (weighted average) |  | 3.96 | % |  | 4.36 | %
Received variable rate (weighted average) |  | 4.97 | % |  | 4.69 | %
Estimated fair value |  | $ | 646 |  |  | $ | 6,191 |
Interest rate swaps on loans with correspondent banks (included in other liabilities) |  |  |  |
Notional amount |  | $ | 221,900 |  |  | $ | 36,972 |
Weighted average remaining term (years) |  | 7.0 |  |  | 6.4 |
Pay fixed rate (weighted average) |  | 4.65 | % |  | 5.12 | %
Received variable rate (weighted average) |  | 4.77 | % |  | 4.56 | %
Estimated fair value |  | $ | (8,414 | ) |  | $ | (868 | )
Back to back interest rate swaps with loan customers (included in other liabilities) |  |  |  |
Notional amount |  | $ | 71,201 |  |  | $ | 237,916 |
Weighted average remaining term (years) |  | 4.6 |  |  | 6.8 |
Received fixed rate (weighted average) |  | 3.96 | % |  | 4.36 | %
Pay variable rate (weighted average) |  | 4.97 | % |  | 4.69 | %
Estimated fair value |  | $ | (646 | ) |  | $ | (6,191 | )
Back to back interest rate swaps with loan customers (included in other assets) |  |  |  |
Notional amount |  | $ | 221,900 |  |  | $ | 36,972 |
Weighted average remaining term (years) |  | 7.0 |  |  | 6.4 |
Received variable rate (weighted average) |  | 4.65 | % |  | 5.12 | %
Pay fixed rate (weighted average) |  | 4.77 | % |  | 4.56 | %
Estimated fair value |  | $ | 8,414 |  |  | $ | 868 |
Schedule of Derivative Instruments | The following table reflects the notional amount and fair value of mortgage banking derivatives for the dates indicated:
| As of June 30, 2019 |  | As of December 31, 2018
| Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
| (Dollars in thousands)
Assets: |  |  |  |  |  |  |
Interest rate lock commitments | $ | 16,710 |  |  | $ | 142 |  |  | $ | 874 |  |  | $ | 10 |
Forward sale contracts related to mortgage banking | $ | 8,397 |  |  | $ | 23 |  |  | $ | — |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Interest rate lock commitments | $ | 6,805 |  |  | $ | 38 |  |  | $ | — |  |  | $ | — |
Forward sale contracts related to mortgage banking | $ | 15,118 |  |  | $ | 58 |  |  | $ | 874 |  |  | $ | 3 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CC -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998890-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration