Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Derivative Financial Instruments

Summary of notional amount and fair value of interest rate locks and forward contracts utilized

		Notional			Fair Value
		Amount	Balance Sheet Location		Asset		(Liability)
September 30, 2018		(In thousands)			(In thousands)
Interest rate lock commitments	$	9,800	Derivative assets/liabilities	$	68	$	—
Forward contracts		15,320	Derivative assets/liabilities		6		1
Total derivative financial instruments	$	25,120		$	74	$	1

Summarizes the periodic changes in the fair value of the derivative financial instruments on the condensed consolidated statements of income

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
	(In thousands)
Interest rate lock commitments	$	(95)	$	—	$	68	$	—
Forward contracts (1)		16		—		(76)		—
Net derivative gains (losses)	$	(79)	$	—		(8)	$	—
(1) Amount includes pair-off settlements