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Derivative Financial Instruments and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Activity
The following table summarizes derivative activity, including the derivatives used in each of our identified hedging programs. The notional amount of our contracts does not represent our exposure to credit loss. None of the derivatives was designated as a hedge for accounting purposes at June 30, 2018:
 
 
 
Interest Rate Risk
 
 
IRLCs and Loans Held for Sale
 
Borrowings
IRLCs
 
Forward MBS Trades
 
Interest Rate Caps
Notional balance at December 31, 2017
$
96,339

 
$
240,823

 
$
375,000

Additions
630,919

 
295,512

 
140,000

Amortization
—

 
—

 
(140,000
)
Maturities
(514,924
)
 
(337,902
)
 
—

Terminations
(105,916
)
 
—

 
—

Notional balance at June 30, 2018
$
106,418

 
$
198,433

 
$
375,000

 
 
 
 
 
 
Maturity
June 2018 - July 2018
 
Sept. 2018
 
July 2018 - May 2020
 
 
 
 
 
 
Fair value of derivative assets (liabilities) (1) at:
 

 
 

 
 

June 30, 2018
$
3,315

 
$
(2,422
)
 
$
1,657

December 31, 2017
3,283

 
(545
)
 
2,056

 
 
 
 
 
 
Gains (losses) on derivatives during the six months ended:
Gain on Loans Held for Sale, Net
 
Other, Net
June 30, 2018
$
111

 
$
1,998

 
$
(78
)
June 30, 2017
(1,428
)
 
(6,184
)
 
31


(1)
Derivatives are reported at fair value in Other assets or in Other liabilities on our unaudited consolidated balance sheets.