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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 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 were designated as a hedge for accounting purposes at March 31, 2019:
 
 
 
Interest Rate Risk
 
 
IRLCs and Loans Held for Sale
 
Borrowings
IRLCs
 
Forward MBS Trades
 
Interest Rate Caps
Notional balance at March 31, 2019
$
117,770

 
$
105,500

 
$
193,750

 
 
 
 
 
 
Maturity
April 2019 - June 2019
 
April 2019
 
May 2019 to May 2020
 
 
 
 
 
 
Fair value of derivative assets (liabilities) (1) at:
 

 
 

 
 

March 31, 2019
$
3,982

 
$
(4,126
)
 
$
276

December 31, 2018
3,871

 
(4,983
)
 
678

 
 
 
 
 
 
Gains (losses) on derivatives during the three months ended:
Gain on loans held for sale, net
 
Other, Net
March 31, 2019
$
(341
)
 
$
(2,270
)
 
$
(402
)
March 31, 2018
1,377

 
2,398

 
193


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