Derivatives (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instruments

The following table provides details on the Company’s derivative financial instruments as of the dates presented:

	September 30, 2019
	Notional Amount		Asset		Liability
Not designated as hedging:
Interest rate contracts	$	427,468	$	19,050	$	19,050
Forward commitments	824,724		582		—
Interest rate-lock commitments	679,524		9,142		—
Futures contracts	270,000		398		—
Option contracts	—		—		—
Total	$	2,201,716	$	29,172	$	19,050

	December 31, 2018
	Notional Amount		Asset		Liability
Not designated as hedging:
Interest rate contracts	$	295,333	$	6,679	$	6,679
Forward commitments	474,208		—		4,958
Interest rate-lock commitments	318,706		6,241		—
Futures contracts	166,000		649		—
Options contracts	3,800		26		—
Total	$	1,258,047	$	13,595	$	11,637

	September 30, 2019
	Notional Amount		Asset		Liability
Designated as hedging:
Interest rate swaps	$	30,000	$	—	$	837

	December 31, 2018
	Notional Amount		Asset		Liability
Designated as hedging:
Interest rate swaps	$	30,000	$	721	$	—

Schedule of Gains (Losses) Included in the Consolidated Statements of Income Related to Derivative Financial Instruments

Gains (losses) included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Not designated as hedging instruments (included in mortgage banking income):
Interest rate lock commitments	$	447		$	(3,415	)	$	4,202		$	(688	)
Forward commitments	(3,227		)	1,524			(12,895		)	7,477
Futures contracts	4,685			(563		)	10,663			(4,379		)
Option contracts	3			(55		)	47			(50		)
Total	$	1,908		$	(2,509	)	$	2,017		$	2,360

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Designated as hedging:
Amount of gain reclassified from other comprehensive income and recognized in interest expense on borrowings, net of taxes of ($46), $20, ($121), and $22	$	130	$	69	$	343	$	62
Gain included in interest expense on borrowings	19		20		113		64
Total	$	149	$	89	$	456	$	126

The following discloses the amount included in other comprehensive income (loss), net of tax, for derivative instruments designated as cash flow hedges for the periods presented:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
Designated as hedging:
Amount of (loss) gain recognized in other comprehensive    income, net of tax	$	(256	)	$	169	$	(1,151	)	$	1,638