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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments
The table below presents the fair value of the Company’s derivative financial instruments as of December 31, 2018 and December 31, 2017:

 
Derivative Assets
 
Derivative Liabilities
 
Fair Value
 
Fair Value
(Dollars in thousands)
 
December 31, 2018
 
December 31, 2017
 
 
December 31, 2018
 
December 31, 2017
Derivatives designated as hedging instruments under ASC 815:
 
 
 
 
 
 
 
 
 
Interest rate derivatives designated as Cash Flow Hedges
 
$
6,270

 
$
11,914

 
 
$
1,656

 
$
12

Interest rate derivatives designated as Fair Value Hedges
 
2,636

 
2,932

 
 
1,756

 
—

Total derivatives designated as hedging instruments under ASC 815
 
$
8,906

 
$
14,846

 
 
$
3,412

 
$
12

Derivatives not designated as hedging instruments under ASC 815:
 
 
 
 
 
 
 
 
 
Interest rate derivatives
 
$
59,519

 
$
34,139

 
 
$
59,159

 
$
33,704

Interest rate lock commitments
 
3,405

 
2,843

 
 
2,694

 
269

Forward commitments to sell mortgage loans
 
—

 
14

 
 
1,486

 
1,457

Foreign exchange contracts
 
1,342

 
227

 
 
1,337

 
229

Total derivatives not designated as hedging instruments under ASC 815
 
$
64,266

 
$
37,223

 
 
$
64,676

 
$
35,659

Total Derivatives
 
$
73,172

 
$
52,069

 
 
$
68,088

 
$
35,671
Schedule of Cash Flow Hedging Instruments
The table below provides details on each of these cash flow hedges as of December 31, 2018:

(Dollars in thousands)
 
December 31, 2018
Maturity Date
 
Notional
Amount
 
Fair Value
Asset (Liability)
Interest Rate Swaps:
 
 
 
 
June 2019
 
$
200,000

 
$
957

July 2019
 
250,000

 
2,196

August 2019
 
275,000

 
3,117

Interest Rate Collars:
 
 
 
 
September 2023
 
144,643

 
(1,656
)
     Total Cash Flow Hedges
 
$
869,643

 
$
4,614
Rollforward of Amounts in Accumulated Other Comprehensive Income Related to Interest Rate Swaps Designated as Cash Flow Hedges
A rollforward of the amounts in accumulated other comprehensive gain related to interest rate derivatives designated as cash flow hedges follows:

 
 
Years Ended December 31,
(Dollars in thousands)
 
2018
 
2017
Unrealized gain at beginning of period
 
$
11,902

 
$
6,944

Amount reclassified from accumulated other comprehensive income to interest expense on deposits and junior subordinated debentures
 
(7,313
)
 
(19
)
Amount of gain recognized in other comprehensive income
 
6,153

 
4,977

Unrealized gain at end of period
 
$
10,742

 
$
11,902
Schedule of Derivatives in Fair Value Hedging Relationships
The following table presents the carrying amount of the hedged assets/(liabilities) and the cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) that are designated as a fair value hedge accounting relationship as of December 31, 2018:

 
 
 
December 31, 2018
(Dollars in thousands)

Derivatives in Fair Value
Hedging Relationships
Location in the Statement of Condition
 
Carrying Amount of the Hedged Assets/(Liabilities)
 
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities)
 
Cumulative Amount of Fair Value Hedging Adjustment Remaining for any Hedged Assets (Liabilities) for which Hedge Accounting has been Discontinued
Interest rate swaps
Loans, net of unearned income, excluding covered loans
 
$
135,944

 
$
(953
)
 
$
—

 
Available-for-sale debt securities
 
1,497

 
58

 
—


The following table presents the loss or gain recognized related to derivative instruments that are designated as fair value hedges for the respective periods:

(Dollars in thousands)
Derivatives in Fair Value
Hedging Relationships
Location of Gain or (Loss) Recognized in Income on Derivative
 
Year Ended
December 31,
2018
Interest rate swaps
Interest and fees on loans
 
$
(131
)
 
Interest income - investment securities
 
—
Summary Amounts Included in Consolidated Statement of Income Related to Derivatives
Amounts included in the Consolidated Statements of Income related to derivative instruments not designated in hedge relationships were as follows:

(Dollars in thousands)
 
 
 
December 31,
Derivative
 
Location in income statement
 
2018
 
2017
Interest rate swaps and caps
 
Trading gains (losses), net
 
$
(75
)
 
$
(848
)
Mortgage banking derivatives
 
Mortgage banking revenue
 
(792
)
 
1,314

Covered call options
 
Fees from covered call options
 
3,519

 
4,402

Foreign exchange contracts
 
Trading gains (losses), net
 
20

 
(38
)
Summary of Interest Rate Derivatives
The tables below summarize the Company's interest rate derivatives and offsetting positions as of the dates shown.

 
Derivative Assets
 
Derivative Liabilities
 
Fair Value
 
Fair Value
(Dollars in thousands)
December 31,
2018
 
December 31,
2017
 
December 31,
2018
 
December 31,
2017
Gross Amounts Recognized
$
68,425

 
$
48,985

 
$
62,571

 
$
33,716

Less: Amounts offset in the Statements of Condition
—

 
—

 
—

 
—

Net amount presented in the Statements of Condition
$
68,425

 
$
48,985

 
$
62,571

 
$
33,716

Gross amounts not offset in the Statements of Condition
 
 
 
 
 
 
 
Offsetting Derivative Positions
$
(28,124
)
 
$
(14,878
)
 
$
(28,124
)
 
$
(14,878
)
Collateral Posted
(23,810
)
 
(18,060
)
 
(2,640
)
 
(2,220
)
Net Credit Exposure
$
16,491

 
$
16,047

 
$
31,807

 
$
16,618