Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Interest rate lock commitments and forward sales commitments

Summary of fair values of derivative assets and liabilities recorded in consolidated balance sheet

The fair values of derivative assets and liabilities related to interest rate lock commitments and forward sales commitments recorded in the unaudited Consolidated Balance Sheets are summarized as follows (dollars in thousands):

	June 30, 2018		December 31, 2017
Fair value recorded in other assets	$	760	$	675
Fair value recorded in other liabilities	1,054		2,148

Summary of gross gains and losses on derivative assets and liabilities recorded in non-interest income and expense in consolidated statements of income

The gross gains and losses on these derivative assets and liabilities recorded in non-interest income and expense in the unaudited Consolidated Statements of Income for the three and six months ended June 30, 2018 and 2017 are summarized as follows (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Gross gains	$	1,023		$	4,942		$	1,755		$	8,807
Gross (losses)	(1,054		)	(4,228		)	(2,108		)	(8,019		)
Net gains (losses)	$	(31	)	$	714		$	(353	)	$	788

Interest rate swap

Summary of fair values of derivative assets and liabilities recorded in consolidated balance sheet

The fair values of derivative assets and liabilities related to interest rate swaps recorded in the unaudited Consolidated Balance Sheets are summarized as follows (dollars in thousands):

	June 30, 2018		December 31, 2017
Fair value recorded in other assets	$	1,705	$	262
Fair value recorded in other liabilities	1,705		262

Summary of gross gains and losses on derivative assets and liabilities recorded in non-interest income and expense in consolidated statements of income

The gross gains and losses on derivative assets and liabilities related to interest rate swaps recorded in non-interest income and expense in the unaudited Consolidated Statements of Income for the three and six months ended June 30, 2018 and 2017 are summarized as follows (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Gross gains	$	489		$	301		$	1,443		$	301
Gross (losses)	(489		)	(301		)	(1,443		)	(301		)
Net gains (losses)	$	—		$	—		$	—		$	—