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DERIVATIVES (Tables)
12 Months Ended
Dec. 31, 2019
DERIVATIVES  
Schedule of the fair values of derivative instruments in the Consolidated Balance Sheets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

Liabilities

 

 

 

 

 

 

Balance

 

 

 

Balance

 

 

 

 

 

Notional

 

Sheet

 

Fair

 

Sheet

 

Fair

 

 

    

Amount

    

Location

    

Value

    

Location

    

Value

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019:

 

 

 

 

 

 

 

 

       

 

 

 

 

 

Derivative loan commitments

 

$

100,938

 

Other assets

 

$

1,385

 

Other liabilities

 

$

174

 

Forward loan sale commitments

 

 

88,000

 

Other assets

 

 

26

 

Other liabilities

 

 

158

 

Interest rate swaps

 

 

725,332

 

Other assets

 

 

15,092

 

Other liabilities

 

 

15,092

 

Risk participation agreements

 

 

134,346

 

Other assets

 

 

 —

 

Other liabilities

 

 

 —

 

Total

 

 

 

 

 

 

$

16,503

 

 

 

$

15,424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative loan commitments

 

$

71,325

 

Other assets

 

$

1,261

 

Other liabilities

 

$

112

 

Forward loan sale commitments

 

 

54,500

 

Other assets

 

 

 —

 

Other liabilities

 

 

518

 

Interest rate swaps

 

 

285,541

 

Other assets

 

 

3,193

 

Other liabilities

 

 

3,193

 

Risk participation agreements

 

 

80,418

 

Other assets

 

 

 —

 

Other liabilities

 

 

 —

 

Total

 

 

 

 

 

 

$

4,454

 

 

 

$

3,823

 

 

Schedule of information pertaining to the Company's derivative instruments on the Consolidated Statements of Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain (Loss)

 

    

 

 

Year Ended December 31, 

 

    

Location of Gain (Loss)

    

2019

 

2018

 

2017

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Derivative loan commitments

 

Mortgage banking income

 

$

62

 

$

129

 

$

(1,211)

Forward loan sale commitments

 

Mortgage banking income

 

 

386

 

 

(472)

 

 

39

Total

 

 

 

$

448

 

$

(343)

 

$

(1,172)