Other Derivatives

Schedule of pretax net gains (losses) of designated cash flow hedges

The table below presents the pre-tax net gains (losses) of the Company’s designated cash flow hedges for the three and six months ended June 30, 2020 and 2019 (unaudited):


The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income
					Location of Gain or (Loss)	Amount of Gain or (Loss)
	Amount of (Loss) Recognized in				Recognized from	Reclassified from Accumulated OCI
	OCI on Derivative				Accumulated Other	into Income
Derivatives in Subtopic 815-20 Hedging	Three Months Ended June 30,				Comprehensive Income into	Three Months Ended June 30,
Relationships (dollars in thousands)	2020		2019		Income	2020		2019
Derivatives in Cash Flow Hedging Relationships
Interest Rate Products	$	(27)	$	(834)	Interest Expense	$	(394)	$	313
Total	$	(27)	$	(834)		$	(394)	$	313

					Location of Gain or (Loss)
					Recognized from
					Accumulated Other	Amount of Gain or (Loss)
	Amount of (Loss) Recognized in				Comprehensive Income into	Reclassified from Accumulated OCI
	OCI on Derivative				Income	into Income
Derivatives in Subtopic 815-20 Hedging	Six Months Ended June 30,					Six Months Ended June 30,
Relationships (dollars in thousands)	2020		2019			2020		2019
Derivatives in Cash Flow Hedging Relationships
Interest Rate Products	$	(1,548)	$	(1,867)	Interest Expense	$	(366)	$	775
Interest Rate Products		—		—	Gain on sale of investment securities		—		829
Total	$	(1,548)	$	(1,867)		$	(366)	$	1,604

Schedule of the effects of offsetting, and a net presentation of cash flow hedge derivatives

As of June 30, 2020

Net

Amounts of

Gross

Assets

Gross Amounts Not Offset in the

Gross

Amounts

presented

Balance Sheet

Amounts of

Offset in

in the

Cash

Recognized

the Balance

Balance

Financial

Collateral

Net

Offsetting of Derivative Assets (dollars in thousands)

Assets

Sheet

Instruments

Posted

Amount

Derivatives

$

4,523

$

—

$

4,523

$

—

$

—

$

4,523

Net

Amounts of

Gross

Liabilities

Gross Amounts Not Offset in the

Gross

Amounts

presented

Balance Sheet

Amounts of

Offset in

in the

Cash

Recognized

the Balance

Balance

Financial

Collateral

Net

Offsetting of Derivative Liabilities (dollars in thousands)

Liabilities

Sheet

Instruments

Posted

Amount

Derivatives

$

6,297

$

—

$

6,297

$

—

$

2,170

$

4,127

As of December 31, 2019

Net

Amounts of

Gross

Assets

Gross Amounts Not Offset in the

Gross

Amounts

presented

Balance Sheet

Amounts of

Offset in

in the

Cash

Recognized

the Balance

Balance

Financial

Collateral

Net

Offsetting of Derivative Assets (dollars in thousands)

Assets

Sheet

Instruments

Posted

Amount

Derivatives

$

311

$

—

$

311

$

—

$

—

$

311

Net

Amounts of

Gross

Liabilities

Gross Amounts Not Offset in the

Gross

Amounts

presented

Balance Sheet

Amounts of

Offset in

in the

Cash

Recognized

the Balance

Balance

Financial

Collateral

Net

Offsetting of Derivative Liabilities (dollars in thousands)

Liabilities

Sheet

Instruments

Posted

Amount

Derivatives

$

611

$

—

$

611

$

—

$

500

$

111