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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of information about derivative assets and liabilities
Information about derivative assets and liabilities at December 31, 2017, follows:
 
 
 
 
Weighted Average Maturity
 
Estimated Fair Value Asset (Liability)
(in thousands, except years)
 
Notional
Amount
 
 
Cash flow hedges:
 
 

 
 
 
 

Interest rate caps agreements
 
$
90,000

 
5.1
 
$
669

Total cash flow hedges
 
90,000

 
5.1
 
669

 
 
 
 
 
 
 
Economic hedges:
 
 

 
 
 
 

Forward sale commitments
 
20,352

 
0.2
 
(221
)
Total economic hedges
 
20,352

 
0.2
 
(221
)
 
 
 
 
 
 
 
Non-hedging derivatives:
 
 

 
 
 
 

Interest rate lock commitments
 
19,853

 
0.2
 
(1
)
Total non-hedging derivatives
 
19,853

 
0.2
 
(1
)
 
 
 
 
 
 
 
Total
 
$
130,205

 
 
 
$
447

As of December 31, 2016, the Company had interest rate cap agreements totaling $90 million (notional amount), with a weighted average maturity of 6.1 years, and an estimated fair value of $1.7 million.

Information about derivative assets and liabilities for December 31, 2017 and December 31, 2016, follows:
 
 
Twelve Months Ended December 31,
(in thousands)
 
2017
 
2016
Cash flow hedges:
 
 
 
 
Interest rate cap agreements
 
 
 
 
Realized in interest expense
 
$
(257
)
 
$
(50
)
 
 
 
 
 
Economic hedges:
 
 
 
 
Forward commitments
 
 
 
 
Realized loss in other non-interest income
 
(77
)
 
—

 
 
 
 
 
Non-hedging derivatives:
 
  
 
 
Interest rate lock commitments
 
  
 
 
Realized loss in other non-interest income
 
(22
)
 
—