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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of information about derivative assets and liabilities
nformation about derivative assets and liabilities at March 31, 2019 and December 31, 2018:
 
 
March 31, 2019
 
 
Notional
Amount
 
Weighted Average Maturity
 
Estimated Fair Value Asset (Liability)
 
 
(in thousands)
 
(in years)
 
(in thousands)
Cash flow hedges:
 
 

 
 
 
 

Interest rate cap agreements
 
$
90,000

 
3.9
 
$
320

Interest rate swap on deposits
 
50,000

 
5.0
 
(525
)
Total cash flow hedges
 
140,000

 
 
 
(205
)
 
 
 
 
 
 
 
Economic hedges:
 
 

 
 
 
 

Forward sale commitments
 
3,257

 
0.1
 
(65
)
Total economic hedges
 
3,257

 
 
 
(65
)
 
 
 
 
 
 
 
Non-hedging derivatives:
 
 

 
 
 
 

Interest rate lock commitments
 
4,828

 
0.1
 
14

Customer loan derivative liability
 
58,684

 
10.8
 
(2,852
)
Customer loan derivative asset
 
58,684

 
10.8
 
2,852

Total non-hedging derivatives
 
122,196

 

 
14

 
 
 
 
 
 
 
Total
 
$
265,453

 
 
 
$
(256
)

 
 
December 31, 2018
 
 
Notional
Amount
 
Weighted Average Maturity
 
Estimated Fair Value Asset (Liability)
 
 
(in thousands)
 
(in years)
 
(in thousands)
Cash flow hedges:
 
 

 
 
 
 

Interest rate cap agreements
 
$
90,000

 
4.1
 
$
803

Total cash flow hedges
 
90,000

 
4.1
 
803

 
 
 
 
 
 
 
Non-hedging derivatives:
 
 

 
 
 
 

Interest rate lock commitments
 
957

 
0.1
 
8

Customer loan derivative liability
 
45,641

 
9.9
 
(1,353
)
Customer loan derivative asset
 
45,641

 
9.9
 
1,353

Total non-hedging derivatives
 
92,239

 
 
 
8

 
 
 
 
 
 
 
Total
 
$
182,239

 
 
 
$
811


Information about derivative assets and liabilities for the three months ended March 31, 2019 and 2018 is, as follows:
 
 
Three Months Ended March 31,
(in thousands)
 
2019
 
2018
Cash flow hedges:
 
 
 
 
Interest rate cap agreements
 
 
 
 
Realized gain (loss) in interest expense
 
$
163

 
$
(108
)
 
 
 
 
 
Economic hedges:
 
 

 
 

Forward commitments
 
 

 
 

Realized (loss) gain in other non-interest income
 
(65
)
 
170

 
 
 
 
 
Non-hedging derivatives:
 
  

 
 

Interest rate lock commitments
 
  

 
 

Realized gain in other non-interest income
 
6

 
8