Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

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, 2019		December 31, 2018
Fair value recorded in other assets	$	1,135	$	624
Fair value recorded in other liabilities		1,949		1,205

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 related to interest rate lock commitments and forward sales commitments recorded in non-interest income and expense in the unaudited Consolidated Statements of Income are summarized as follows (dollars in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Gross gains	$	1,929	$	1,023	$	3,007	$	1,755
Gross (losses)		(1,949)		(1,054)		(3,067)		(2,108)
Net gains (losses)	$	(20)	$	(31)	$	(60)	$	(353)

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 derivatives for customers for interest rate swaps recorded in the unaudited Consolidated Balance Sheets are summarized as follows (dollars in thousands):

		June 30, 2019		December 31, 2018
Fair value recorded in other assets	$	11,948	$	1,438
Fair value recorded in other liabilities		11,948		1,438

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 non-interest expense in the unaudited Consolidated Statements of Income are summarized as follows (dollars in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Gross gains	$	73	$	489	$	164	$	1443
Gross losses		(73)		(489)		(164)		(1,443)
Net gains (losses)	$	—	$	—	$	—	$	—