DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of the interest rate swaps outstanding

The following is a summary of the interest rate swaps outstanding as of the dates set forth:

	March 31, 2018
	Notional Amount		Fixed Rate	Floating Rate	Maturity	Fair Value
	(Dollars in thousands)
Non-hedging derivative instruments:
Customer interest rate derivative:
Interest rate swaps - receive fixed/pay floating	$	188,408	4.38 - 6.94%	LIBOR 1 month + 2.75% - 4.25%	Wtd. Avg. 3.4 years	$	1,816
Interest rate caps and collars	$	37,248	4.55 - 6.00%	LIBOR 1 month + 3% - 3.75%	Wtd. Avg. 1.4years	$	150
Correspondent interest rate swap:
Interest rate swaps - receive fixed/pay floating	$	188,408	4.38 - 6.94%	LIBOR 1 month + 2.75% - 4.25%	Wtd. Avg. 3.4 years	$	(1,882	)
Interest rate caps and collars	$	37,248	4.55 - 6.00%	LIBOR 1 month + 3% - 3.75%	Wtd. Avg. 1.4 years	$	(150	)

	December 31, 2017
	Notional Amount		Fixed Rate	Floating Rate	Maturity	Fair Value
	(Dollars in thousands)
Non-hedging derivative instruments:
Customer interest rate derivative:
Interest rate swaps - receive fixed/pay floating	$	173,304	2.19 - 5.72%	LIBOR 1 month + 0% - 4.25%	Wtd. Avg. 2.8 years	$	880
Interest rate caps and collars	$	37,466	4.55 - 6.00%	LIBOR 1 month + 3% - 3.75%	Wtd. Avg. 1.7 years	$	75
Correspondent interest rate swap:
Interest rate swaps - receive fixed/pay floating	$	173,304	2.19 - 5.72%	LIBOR 1 month + 0% - 4.25%	Wtd. Avg. 2.8 years	$	(901	)
Interest rate caps and collars	$	37,466	4.55 - 6.00%	LIBOR 1 month + 3% - 3.75%	Wtd. Avg. 1.7 years	$	(75	)

Notional amounts and estimated fair values of the non-hedging derivatives

The notional amounts and estimated fair values of the non-hedging derivative instruments by classification as the dates set forth were as follows:

	March 31, 2018								December 31, 2017
			Estimated Fair Value								Estimated Fair Value
	Notional Amount		Asset Derivative			Liability Derivative			Notional Amount		Fair Value			Liability Derivative
	(Dollars in thousands)
Non-hedging interest rate derivatives:
Correspondent counterparty:
Interest rate swaps	$	188,408	$	2,309		$	493		$	173,304	$	1,326		$	448
Interest rate caps and collars	37,248		150			—			37,466		75			—
Customer counterparty:
Interest rate swaps	188,408		417			2,298			173,304		423			1,325
Interest rate caps and collars	37,248		—			150			37,466		—			75
Gross derivatives			2,876			2,941					1,824			1,848
Offsetting derivatives assets/liabilities			(240		)	(240		)			(369		)	(369		)
Net derivatives included in the consolidated balance sheets			$	2,636		$	2,701				$	1,455		$	1,479