Derivatives - (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated statements of financial condition as of September 30, 2017 and December 31, 2016.

Information about the valuation methods used to measure fair value is provided in note 16.

		Asset derivatives fair value					Liability derivatives fair value
	Balance Sheet	September 30,		December 31,		Balance Sheet	September 30,		December 31,
	location	2017		2016		location	2017		2016
Derivatives designated as hedging instruments:
Interest rate products	Other assets	$	8,165	$	9,528	Other liabilities	$	2,251	$	1,381
Total derivatives designated as hedging instruments		$	8,165	$	9,528		$	2,251	$	1,381
Derivatives not designated as hedging instruments:
Interest rate products	Other assets	$	3,014	$	1,900	Other liabilities	$	3,167	$	1,898
Interest rate lock commitments	Other assets		180		149	Other liabilities		2		6
Forward contracts	Other assets		53		138	Other liabilities		7		20
Total derivatives not designated as hedging instruments		$	3,247	$	2,187		$	3,176	$	2,085

Derivative Instruments, Gain (Loss)

The tables below present the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the three and nine months ended September 30, 2017 and 2016:

	Location of gain (loss)	Amount of gain (loss) recognized in income on derivatives
Derivatives in fair value	recognized in income on	For the three months ended September 30,				For the nine months ended September 30,
hedging relationships	derivatives	2017		2016		2017		2016
Interest rate products	Other non-interest income	$	(128)	$	1,674	$	(2,233)	$	(15,740)
Total		$	(128)	$	1,674	$	(2,233)	$	(15,740)

	Location of gain (loss)	Amount of gain (loss) recognized in income on hedged items
	recognized in income on	For the three months ended September 30,				For the nine months ended September 30,
Hedged items	hedged items	2017		2016		2017		2016
Interest rate products	Other non-interest income	$	(283)	$	(1,722)	$	1,437	$	14,576
Total		$	(283)	$	(1,722)	$	1,437	$	14,576

	Location of gain (loss)	Amount of gain (loss) recognized in income on derivatives
Derivatives not designated	recognized in income on	For the three months ended September 30,				For the nine months ended September 30,
as hedging instruments	derivatives	2017		2016		2017		2016
Interest rate products	Other non-interest expense	$	(75)	$	(23)	$	(155)	$	(206)
Interest rate lock commitments	Gain on sale of mortgages, net		35		133		36		465
Forward contracts	Gain on sale of mortgages, net		57		60		(73)		(119)
Total		$	17	$	170	$	(192)	$	140