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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of 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, 2018
 
 
December 31, 2017
 
 
September 30, 2018
 
 
December 31, 2017
 
Derivatives not Designated as Hedging Instruments:
 

 
 

 
 

 
 

Interest Rate Swap Contracts - Commercial Loans
 

 
 

 
 

 
 

Fair value
 
$
7,448

 
 
$
3,074

 
 
$
7,483

 
 
$
3,055

Notional amount
 
247,817

 
 
263,841

 
 
247,817

 
 
263,841

Collateral received/posted
 
5,530

 
 
—

 
 
—

 
 
1,448

Interest Rate Lock Commitments - Mortgage Loans
 

 
 

 
 

 
 

Fair value
 
229

 
 
226

 
 
—

 
 
—

Notional amount
 
9,084

 
 
6,860

 
 
—

 
 
—

Forward Sale Contracts - Mortgage Loans
 

 
 

 
 

 
 

Fair value
 
61

 
 
—

 
 
—

 
 
5

Notional amount
 
$
11,250

 
 
$
—

 
 
$
—

 
 
$
6,580
Schedule of Offsetting Derivative Assets
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, 2018
 
December 31, 2017
 
September 30, 2018
 
December 31, 2017
Derivatives not Designated as Hedging Instruments:
 

 
 

 
 

 
 

Gross amounts recognized
 
$
8,188

 
 
$
4,974

 
 
$
8,223

 
 
$
4,955

Gross amounts offset
 
(740
)
 
 
(1,900
)
 
 
(740
)
 
 
(1,900
)
Net Amounts Presented in the Consolidated Balance Sheets
 
7,448

 
 
3,074

 
 
7,483

 
 
3,055

Gross amounts not offset(1)
 
(5,530
)
 
 
—

 
 
—

 
 
(1,448
)
Net Amount
 
$
1,918

 
 
$
3,074

 
 
$
7,483

 
 
$
1,607

(1) Amounts represent collateral received for the periods presented.
Schedule of Offsetting 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, 2018
 
December 31, 2017
 
September 30, 2018
 
December 31, 2017
Derivatives not Designated as Hedging Instruments:
 

 
 

 
 

 
 

Gross amounts recognized
 
$
8,188

 
 
$
4,974

 
 
$
8,223

 
 
$
4,955

Gross amounts offset
 
(740
)
 
 
(1,900
)
 
 
(740
)
 
 
(1,900
)
Net Amounts Presented in the Consolidated Balance Sheets
 
7,448

 
 
3,074

 
 
7,483

 
 
3,055

Gross amounts not offset(1)
 
(5,530
)
 
 
—

 
 
—

 
 
(1,448
)
Net Amount
 
$
1,918

 
 
$
3,074

 
 
$
7,483

 
 
$
1,607

(1) Amounts represent collateral received for the periods presented.
Schedule of 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)
2018
 
2017
 
2018
 
2017
Derivatives not Designated as Hedging Instruments
 

 
 

 
 

 
 

Interest rate swap contracts—commercial loans
 
$
31

 
 
$
9

 
 
$
(55
)
 
 
$
25

Interest rate lock commitments—mortgage loans
 
(169
)
 
 
(4
)
 
 
3

 
 
216

Forward sale contracts—mortgage loans
 
99

 
 
(30
)
 
 
66

 
 
10

Total Derivatives (Loss)/Gain
 
$
(39
)
 
 
$
(25
)
 
 
$
14

 
 
$
251