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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2019
Derivative [Line Items]  
Summary of notional amount and fair value of derivative assets and liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notional

 

 

 

 

 

Fair Value

 

 

Amount

 

 

Balance Sheet Location

 

 

Asset

 

 

Liability

September 30, 2019

 

(In thousands)

 

 

 

 

 

(In thousands)

Interest rate lock commitments

$

46,846

 

 

Other assets/liabilities

 

$

296

 

$

 8

Forward contracts

 

67,698

 

 

Other assets/liabilities

 

 

14

 

 

16

 

 

 

 

 

 

 

$

310

 

$

24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notional

 

 

 

 

 

Fair Value

 

 

Amount

 

 

Balance Sheet Location

 

 

Asset

 

 

Liability

December 31, 2018

 

(In thousands)

 

 

 

 

 

(In thousands)

Interest rate lock commitments

$

8,812

 

 

Other assets/liabilities

 

$

70

 

$

 —

Forward contracts

 

19,640

 

 

Other assets/liabilities

 

 

 —

 

 

 9

 

 

 

 

 

 

 

$

70

 

$

 9

 

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, 

 

    

2019

    

2018

    

2019

    

2018

 

 

(In thousands)

 

 

(In thousands)

Interest rate lock commitments

 

$

144

 

$

(95)

 

$

218

 

$

68

Forward contracts (includes pair-off settlements)

 

 

(25)

 

 

16

 

 

(80)

 

 

(76)

    Net derivative gains (losses)

 

$

119

 

$

(79)

 

 

138

 

$

(8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps  
Derivative [Line Items]  
Summary of notional amount and fair value of derivative assets and liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notional

 

 

 

 

 

Fair Value

 

 

Amount

 

 

Balance Sheet Location

 

 

Asset

 

 

Liability

 

 

(In thousands)

 

 

 

 

 

(In thousands)

September 30, 2019

$

4,400

 

 

Other assets/liabilities

 

$

48

 

$

48

December 31, 2018

 

 —

 

 

Other assets/liabilities

 

$

 —

 

$

 —

 

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, 

 

    

2019

    

2018

    

2019

    

2018

 

 

(In thousands)

 

 

(In thousands)

Gross swap gains

 

$

 —

 

$

 —

 

$

 —

 

$

 —

Gross swap losses

 

 

 —

 

 

 —

 

 

 —

 

 

 —

    Net swap gains (losses)

 

$

 —

 

$

 —

 

 

 —

 

$

 —