Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative financial instruments

The following table provides details on the Company’s derivative financial instruments as of the dates presented:

		Fair Value
	Balance Sheet	December 31,
	Location	2018		2017
Derivative assets:
Not designated as hedging instruments:
Interest rate contracts	Other Assets	$	2,779	$	3,171
Interest rate lock commitments	Other Assets	3,740		2,756
Forward commitments	Other Assets	—		50
Totals		$	6,519	$	5,977
Derivative liabilities:
Designated as hedging instruments:
Interest rate swap	Other Liabilities	$	2,046	$	2,536
Totals		$	2,046	$	2,536
Not designated as hedging instruments:
Interest rate contracts	Other Liabilities	$	2,779	$	3,171
Interest rate lock commitments	Other Liabilities	—		4
Forward commitments	Other Liabilities	3,563		328
Totals		$	6,342	$	3,503

Gains (losses) on derivative financial instruments included in the Consolidated Statements of Income

Gains (losses) included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows, as of the dates presented:

	Year Ended December 31,
	2018			2017			2016
Derivatives not designated as hedging instruments:
Interest rate contracts:
Included in interest income on loans	$	4,137		$	3,981		$	2,402
Interest rate lock commitments:
Included in mortgage banking income	779			356			(2,111		)
Forward commitments
Included in mortgage banking income	(3,069		)	(4,489		)	4,275
Total	$	1,847		$	(152	)	$	4,566

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented:

	Offsetting Derivative Assets				Offsetting Derivative Liabilities
	December 31, 2018		December 31, 2017		December 31, 2018		December 31, 2017
Gross amounts recognized	$	1,620	$	717	$	6,768	$	5,303
Gross amounts offset in the consolidated balance sheets	—		—		—		—
Net amounts presented in the consolidated balance sheets	1,620		717		6,768		5,303
Gross amounts not offset in the consolidated balance sheets
Financial instruments	1,620		717		1,620		717
Financial collateral pledged	—		—		2,745		4,357
Net amounts	$	—	$	—	$	2,403	$	229