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Derivative Instruments | 9 Months Ended
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Sep. 30, 2019
Derivative Instruments |
Derivative Instruments | NOTE 17 Derivative Instruments The Company did not have any derivatives designated as hedging instruments, as of September 30, 2019 and December 31, 2018. The following table presents the amounts recorded in the Company’s consolidated balance sheets, for derivatives not designated as hedging instruments, as of September 30, 2019 and December 31, 2018:
|  |  |  | September 30, 2019 |  | December 31, 2018
|  |  |  | Fair |  | Notional |  | Fair |  | Notional
(dollars in thousands) |  |  |  | Value |  | Amount |  | Value |  | Amount
Asset Derivatives |  | Consolidated Balance Sheet Location |  |  |  |  |  |  |  |  |  |  |  |
Interest rate lock commitments |  | Other assets |  | $ | 2,036 |  | $ | 89,608 |  | $ | 12 |  | $ | 33,858
Forward loan sales commitments |  | Other assets |  |  | 447 |  |  | 17,662 |  |  | — |  |  | —
TBA mortgage backed securities |  | Other assets |  |  | — |  |  | — |  |  | — |  |  | —
Total asset derivatives |  |  |  | $ | 2,483 |  | $ | 107,270 |  | $ | 12 |  | $ | 33,858
Liability Derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate lock commitments |  | Accrued expenses and other liabilities |  | $ | — |  | $ | — |  | $ | — |  | $ | —
Forward loan sales commitments |  | Accrued expenses and other liabilities |  |  | — |  |  | — |  |  | 7 |  |  | 2,956
TBA mortgage backed securities |  | Accrued expenses and other liabilities |  |  | 104 |  |  | 148,500 |  |  | — |  |  | —
Total liability derivatives |  |  |  | $ | 104 |  | $ | 148,500 |  | $ | 7 |  | $ | 2,956
The gain (loss) recognized on derivative instruments for the three and nine months ended September 30, 2019 and 2018 was as follows:
|  |  |  | Gain/(loss)
|  |  |  | Three months ended |  | Nine months ended
|  |  |  | September 30, |  | September 30, |  | September 30, |  | September 30,
(dollars in thousands) |  | Consolidated Statements of Income Location |  | 2019 |  | 2018 |  | 2019 |  | 2018
Interest rate lock commitments |  | Mortgage banking |  | $ | (257) |  | $ | (29) |  | $ | 2,024 |  | $ | (11)
Forward loan sales commitments |  | Mortgage banking |  |  | (199) |  |  | 46 |  |  | 454 |  |  | 24
TBA mortgage backed securities |  | Mortgage banking |  |  | 680 |  |  | — |  |  | (104) |  |  | —
Total gain/(loss) from derivative instruments |  | $ | 224 |  | $ | 17 |  | $ | 2,374 |  | $ | 13

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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
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