DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2016

DERIVATIVE INSTRUMENTS

Schedule of derivative instruments, fair value and notional amounts

The following table summarizes the interest rate lock commitments and forward commitments to sell mortgage-backed securities held by the Company, their notional amount, estimated fair values and the location in which the derivative instruments are reported in the consolidated balances sheets at December 31, 2016 and 2015 (in thousands):

	Notional Amount				Fair Value Gain
	2016		2015		2016		2015
Derivative Instruments (included in Other Assets):
Interest rate lock commitments	$	264,359	$	257,023	$	6,253	$	6,029
Forward commitments to sell mortgage-backed securities		301,788		—		125		—
Total	$	566,147	$	257,023	$	6,378	$	6,029

	Notional Amount				Fair Value Loss
	2016		2015		2016		2015
Derivative Instruments (included in Other Liabilities):
Forward commitments to sell mortgage-backed securities	$	—	$	278,313	$	—	$	2