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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2021
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, 2021, 2020 and 2019.
(dollars in thousands)LocationDecember 31, 2021December 31, 2020December 31, 2019
Forward contracts related to mortgage loans held for saleMortgage banking activity$15,705 $(11,944)$(5,344)
Interest rate lock commitmentsMortgage banking activity$(39,816)$43,942 $(3,910)
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, 2021 and 2020.
20212020
(dollars in thousands)Notional AmountFair ValueNotional AmountFair Value
Included in other assets:
Interest rate lock commitments$417,126 $11,940 $1,199,939 $51,756 
Total included in other assets$11,940 $51,756 
Included in other liabilities:
Forward contracts related to mortgage loans held for sale$1,935,237 $710 $2,128,000 $16,415 
Total included in other liabilities$710 $16,415