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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Net Gains (losses) Relating to Free-Standing Derivative Instruments
The net gains (losses) relating to free-standing mortgage banking derivative instruments used for risk management are summarized below as of December 31, 2020, 2019 and 2018.
(dollars in thousands)LocationDecember 31, 2020December 31, 2019December 31, 2018
Forward contracts related to mortgage loans held for saleMortgage banking activity$(11,944)$(5,344)$(1,209)
Interest rate lock commitmentsMortgage banking activity$43,942 $(3,910)$(351)
Summary of Derivative Financial Instruments
The following table reflects the amount and market value of mortgage banking derivatives included in the consolidated balance sheets as of December 31, 2020 and 2019.
20202019
(dollars in thousands)Notional AmountFair ValueNotional AmountFair Value
Included in other assets:
Interest rate lock commitments$1,199,939 $51,756 $288,490 $7,814 
Total included in other assets$1,199,939 $51,756 $288,490 $7,814 
Included in other liabilities:
Forward contracts related to mortgage loans held for sale$2,128,000 $16,415 $1,814,669 $4,471 
Total included in other liabilities$2,128,000 $16,415 $1,814,669 $4,471