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Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2022
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 for the dates presented:
Derivative Assets
(Included in Other Assets)
Derivative Liabilities
(Included in Other Liabilities)
September 30, 2022December 31, 2021September 30, 2022December 31, 2021
(dollars in thousands)Notional
 Amount
Fair
Value
Notional AmountFair
Value
Notional
 Amount
Fair
 Value
Notional
 Amount
Fair
 Value
Derivatives Designated as Hedging Instruments
Interest rate swap contracts - cash flow hedge$— $— $— $— $500,000 $22,724 $— $— 
Total Derivatives Designated as Hedging Instruments$ $ $ $ $500,000 $22,724 $ $ 
Derivatives Not Designated as Hedging Instruments
Interest rate swap contracts - commercial loans$996,542 $88,888 $1,017,178 $33,528 $996,542 $88,920 $1,017,178 $33,361 
Interest rate lock commitments - mortgage loans— — 12,148 401 216 — — 
Forward sales contracts - mortgage loans325 8,436 — — — — 
Total Derivatives Not Designated as Hedging Instruments$996,867 $88,896 $1,037,762 $33,933 $996,758 $88,923 $1,017,178 $33,361 
Total Derivatives$996,867 $88,896 $1,037,762 $33,933 $1,496,758 $111,647 $1,017,178 $33,631 
Schedule of Interest Rate Derivatives
The following table indicates the gross amounts of interest rate swap derivative assets and derivative liabilities, the amounts offset and the carrying values in the Consolidated Balance Sheets at the dates presented:

Derivatives (included
in Other Assets)
Derivatives (included
in Other Liabilities)
(dollars in thousands)September 30, 2022December 31, 2021September 30, 2022December 31, 2021
Gross amounts recognized$88,918 $37,289 $111,644 $37,392 
Gross amounts offset(30)(3,761)— (3,761)
Net amounts presented in the Consolidated Balance Sheets88,888 33,528 111,644 33,631 
Netting adjustments (1)
(16,048)— (16,048)— 
Cash collateral (2)
(69,183)— (5,529)(33,631)
Net Amount$3,657 $33,528 $90,067 $ 
(1) Netting adjustments represents the amounts recorded to convert derivatives assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance..
(2) Cash collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The application of the cash collateral cannot reduce the net derivative position below zero. Therefore, excess cash collateral, if any, is not reflected above.
Schedule of Effect of Cash Flow Hedges
The following table presents the effect of the cash flow hedges on OCI and on the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three month periods presented:
Amount of Loss Recognized in Other Comprehensive IncomeAmount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Interest Income
(dollars in thousands)September 30, 2022September 30, 2021September 30, 2022September 30, 2021
Derivatives in Cash Flow Hedging Relationships:
Interest rate swap contracts - cash flow hedge$(13,256)$— $222 $— 
Total$(13,256)$ $222 $ 
The following table presents the effect of the cash flow hedges on OCI and on the Condensed Consolidated Statements of Comprehensive Income (Loss) for the nine month periods presented:
Amount of Loss Recognized in Other Comprehensive IncomeAmount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Interest Income
(dollars in thousands)September 30, 2022September 30, 2021September 30, 2022September 30, 2021
Derivatives in Cash Flow Hedging Relationships:
Interest rate swap contracts - cash flow hedge$(17,875)$— $947 $— 
Total$(17,875)$ $947 $ 
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 not designated as hedging instruments for the periods presented:
Three months ended September 30,Nine months ended September 30,
(dollars in thousands)2022202120222021
Derivatives not Designated as Hedging Instruments
Interest rate swap contracts—commercial loans$64 $22 $71 $337 
Interest rate lock commitments—mortgage loans(58)192 (404)712 
Forward sale contracts—mortgage loans(325)(2,314)
Total Derivatives Gain (Loss)$15 $(111)$(329)$(1,265)