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Derivatives and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Derivative Assets and Liabilities

This table provides a summary of the fair value of the Company’s derivative assets and liabilities as of March 31, 2019 and December 31, 2018 (in thousands):

 

 

 

Derivative Assets

 

 

Derivative Liabilities

 

 

 

March 31,

 

 

December 31,

 

 

March 31,

 

 

December 31,

 

Fair Value

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Interest Rate Products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

$

20,567

 

 

$

9,339

 

 

$

5,081

 

 

$

5,498

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

59

 

 

 

15

 

Total

 

$

20,567

 

 

$

9,339

 

 

$

5,140

 

 

$

5,513

 

Summary of Amount of Gain (Loss) Recognized in Other Non-Interest Expense in Consolidated Statements of Income Related to Derivative Assets and Liabilities

This table provides a summary of the amount of gain or loss recognized in Other noninterest expense in the Consolidated Statements of Income related to the Company’s derivative assets and liabilities for the three months ended March 31, 2019 and March 31, 2018 (in thousands):

 

 

 

Amount of Gain (Loss) Recognized

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2019

 

 

2018

 

Interest Rate Products

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

$

(873

)

 

$

336

 

Total

 

$

(873

)

 

$

336

 

Interest Rate Products

 

 

 

 

 

 

 

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

 

Fair value adjustments on derivatives

 

$

(58

)

 

$

81

 

Fair value adjustments on hedged items

 

 

59

 

 

 

(81

)

Total

 

$

1

 

 

$

 

Summary of Amount of Gain (Loss) Recognized in AOCI in Consolidated Statements of Comprehensive Income Related to Company's Derivative Assets and Liabilities

This table provides a summary of  the amount of gain or loss recognized in AOCI in the Consolidated Statements of Comprehensive Income related to the Company’s derivative assets and liabilities for the three months ended March 31, 2019 and March 31, 2018 (in thousands):

 

 

 

Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

 

March 31,

 

Derivatives in Cash Flow Hedging Relationships

 

2019

 

 

2018

 

Interest Rate Products

 

 

 

 

 

 

 

 

Derivatives designated as cash flow hedging instruments

 

$

(2,093

)

 

$

2,202

 

Total

 

$

(2,093

)

 

$

2,202