Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the notional amount and fair value of the derivative financial instruments

The notional amount and fair value of the Company’s derivative financial instruments as of December 31, 2019, and December 31, 2018, were as follows:

		December 31, 2019						December 31, 2018
(dollars in thousands)	Notional Amount			Fair Value			Notional Amount			Fair Value
Interest Rate Lock Commitments		$	48,677	$	1,280			$	33,133	$	871
Forward Commitments		82,735		(182		)		34,102		(352		)
Interest Rate Swap Agreements
Receive Fixed/Pay Variable Swaps		802,389		26,070				505,034		(2,537		)
Pay Fixed/Receive Variable Swaps		802,389		(4,777		)		505,034		6,082
Foreign Exchange Contracts		85,499		163				55,663		793
Conversion Rate Swap Agreement		114,499		—				80,746		—

Derivative financial instruments, their fair values, and balance sheet location

The following table presents the Company’s derivative financial instruments, their fair values, and their location in the consolidated statements of condition as of December 31, 2019, and December 31, 2018:

	December 31, 2019				December 31, 2018
Derivative Financial Instruments Not Designated     as Hedging Instruments 1 (dollars in thousands)	Asset Derivatives		Liability Derivatives		Asset Derivatives		Liability Derivatives
Interest Rate Lock Commitments	$	1,280	$	—	$	877	$	6
Forward Commitments	23		205		4		356
Interest Rate Swap Agreements	27,344		6,051		12,915		9,370
Foreign Exchange Contracts	284		121		808		15
Total	$	28,931	$	6,377	$	14,604	$	9,747

¹ Asset derivatives are included in other assets and liability derivatives are included in other liabilities in the consolidated statements of condition

Derivative financial instruments and the amount and location of the net gains or losses recognized in the statements of income

The following table presents the Company’s derivative financial instruments and the amount and location of the net gains or losses recognized in the consolidated statements of income for the years ended December 31, 2019, December 31, 2018, and December 31, 2017:

	Location of Net Gains (Losses)Recognized in the Statements of Income	Year Ended December 31,
Derivative Financial Instruments Not Designated     as Hedging Instruments (dollars in thousands)		2019			2018			2017
Interest Rate Lock Commitments	Mortgage Banking	$	12,185		$	3,534		$	5,643
Forward Commitments	Mortgage Banking	(2,340		)	821			(1,275		)
Interest Rate Swap Agreements	Other Noninterest Income	7,172			1,835			698
Foreign Exchange Contracts	Other Noninterest Income	2,891			3,163			3,296
Conversion Rate Swap Agreement	Investment Securities Gains (Losses), Net	(453		)	(1,000		)	—
Total		$	19,455		$	8,353		$	8,362