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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