XML 39 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Value of Derivative Assets and Derivative Liabilities
The following table indicates the amounts representing the value of derivative assets and derivative liabilities as of the dates presented:
 
Derivatives
(included in Other Assets)
 
Derivatives
(included in Other Liabilities)
(dollars in thousands)
September 30, 2016
December 31, 2015
 
September 30, 2016
December 31, 2015
Derivatives not Designated as Hedging Instruments:


 


Interest Rate Swap Contracts- Commercial Loans


 


Fair value
$
15,255

$
11,295

 
$
15,202

$
11,276

Notional amount
264,655

245,595

 
264,655

245,595

Collateral posted
—

—

 
14,542

12,753

Interest Rate Lock Commitments- Mortgage Loans


 


Fair value
739

261

 
—

—

Notional amount
21,699

9,894

 
—

—

Forward Sale Contracts- Mortgage Loans


 


Fair value
—

—

 
98

5

Notional amount
$
—

$
—

 
$
16,892

$
9,800
Schedule of Gross Amounts of Derivative Assets and Derivative Liabilities
The following table indicates the gross amounts of commercial loan swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets as of the dates presented:
 
Derivatives
(included in Other Assets)
 
Derivatives
(included in Other Liabilities)
(dollars in thousands)
September 30, 2016
December 31, 2015
 
September 30, 2016
December 31, 2015
Derivatives not Designated as Hedging Instruments:


 


Gross amounts recognized
$
15,255

$
11,295

 
$
15,202

$
11,276

Gross amounts offset
—

—

 
—

—

Net amounts presented in the Consolidated Balance Sheets
15,255

11,295

 
15,202

11,276

Gross amounts not offset(1)
—

—

 
(14,542
)
(12,573
)
Net Amount
$
15,255

$
11,295

 
$
660

$
(1,297
)
(1) Amounts represent posted collateral.
Amount of Gain or Loss Recognized in Income on Derivatives
The following table indicates the gain or loss recognized in income on derivatives for the periods presented:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(dollars in thousands)
2016
2015
 
2016
2015
Derivatives not Designated as Hedging Instruments


 


Interest rate swap contracts—commercial loans
$
(87
)
$
29

 
$
34

$
20

Interest rate lock commitments—mortgage loans
97

208

 
478

339

Forward sale contracts—mortgage loans
106

(143
)
 
(93
)
(69
)
Total Derivatives Gain
$
116

$
94

 
$
419

$
290