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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of information about derivative assets and liabilities
Information about derivative assets and liabilities at March 31, 2018 and December 31, 2017, was as follows:
 
 
March 31, 2018
 
 
Notional
Amount
 
Weighted Average Maturity
 
Estimated Fair Value Asset (Liability)
 
 
(in thousands)
 
(in years)
 
(in thousands)
Cash flow hedges:
 
 

 
 
 
 

Interest rate caps agreements
 
$
90,000

 
4.9
 
$
1,215

Total cash flow hedges
 
90,000

 
4.9
 
1,215

 
 
 
 
 
 
 
Economic hedges:
 
 

 
 
 
 

Forward sale commitments
 
5,658

 
0.2
 
(51
)
Total economic hedges
 
5,658

 
0.2
 
(51
)
 
 
 
 
 
 
 
Non-hedging derivatives:
 
 

 
 
 
 

Interest rate lock commitments
 
4,375

 
0.2
 
7

Total non-hedging derivatives
 
4,375

 
0.2
 
7

 
 
 
 
 
 
 
Total
 
$
100,033

 
 
 
$
1,171


 
 
December 31, 2017
 
 
Notional
Amount
 
Weighted Average Maturity
 
Estimated Fair Value Asset (Liability)
 
 
(in thousands)
 
(in years)
 
(in thousands)
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


Information about derivative assets and liabilities for the three months ended March 31, 2018 and 2017, was as follows:
 
 
Three Months Ended March 31,
(in thousands)
 
2018
 
2017
Cash flow hedges:
 
 
 
 
Interest rate cap agreements
 
 
 
 
Realized (loss) in interest expense
 
$
(108
)
 
$
(39
)
 
 
 
 
 
Economic hedges:
 
 

 
 

Forward commitments
 
 

 
 

Realized gain/(loss) in other non-interest income
 
170

 
(78
)
 
 
 
 
 
Non-hedging derivatives:
 
  

 
 

Interest rate lock commitments
 
  

 
 

Realized gain in other non-interest income
 
8

 
2