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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 9 Months Ended
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Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Information About Derivative Assets and Liabilities | The following tables present information about derivative assets and liabilities at September 30, 2019 and December 31, 2018:
|  | September 30, 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 |  |  | 3.4 |  | $ | 89 |
Interest rate swap on deposits |  | 50,000 |  |  | 4.5 |  | (2,179 | )
Total cash flow hedges |  | 140,000 |  |  |  |  | (2,090 | )
Economic hedges: |  |  |  |  |  |  |  |
Forward sale commitments |  | 7,762 |  |  | 0.1 |  | (61 | )
Total economic hedges |  | 7,762 |  |  |  |  | (61 | )
Non-hedging derivatives: |  |  |  |  |  |  |  |
Interest rate lock commitments |  | 12,242 |  |  | 0.1 |  | 78 |
Customer loan derivative liability |  | 169,569 |  |  | 9.8 |  | (10,923 | )
Customer loan derivative asset |  | 169,569 |  |  | 9.8 |  | 10,923 |
Total non-hedging derivatives |  | 351,380 |  |  |  |  | 78 |
Total |  | $ | 499,142 |  |  |  |  | $ | (2,073 | )
|  | 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 |  |  |  |  | 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 and nine months ended September 30, 2019 and 2018 is, as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Cash flow hedges: |  |  |  |  |  |  |  |
Interest rate cap agreements |  |  |  |  |  |  |  |
Realized loss in interest expense |  | $ | (183 | ) |  | $ | (137 | ) |  | $ | (521 | ) |  | $ | (367 | )
Interest rate swap on deposits |  |  |  |  |  |  |  |
Realized gain in interest expense |  | 17 |  |  | — |  |  | 17 |  |  | — |
Economic hedges: |  |  |  |  |  |  |  |  |  |
Forward commitments |  |  |  |  |  |  |  |  |  |
Realized (loss) gain in other non-interest income |  | (31 | ) |  | 43 |  |  | (61 | ) |  | 190 |
Non-hedging derivatives: |  |  |  |  |  |  |  |  |  |
Interest rate lock commitments |  |  |  |  |  |  |  |  |  |
Realized gain in other non-interest income |  | 7 |  |  | — |  |  | 70 |  |  | 9 |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
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