The following tables present the Corporation’s derivative asset and derivative liability positions and the effect of netting arrangements on the Consolidated Balance Sheets:



(Dollars in thousands)	Gross Derivative Positions		Offsetting Derivative Positions		Net Amounts Presented in Balance Sheet		Cash Collateral Pledged		Net Amount
March 31, 2017	Gross Derivative Positions		Offsetting Derivative Positions		Net Amounts Presented in Balance Sheet		Cash Collateral Pledged		Net Amount
Derivative Assets:
Interest rate risk management contracts:
Interest rate caps		$81		$—		$81		$—		$81
Loan-related derivative contracts:
Interest rate swaps with customers	3,952		3,457		495		—		495
Mirror swaps with counterparties	3,336		3,336		—		—		—
Total		$7,369		$6,793		$576		$—		$576

Derivative Liabilities:
Interest rate risk management contracts:
Interest rate swaps		$174		$—		$174		$212		($38	)
Loan-related derivative contracts:
Interest rate swaps with customers	3,457		3,457		—		—		—
Mirror swaps with counterparties	4,007		3,336		671		1,604		(933		)
Total		$7,638		$6,793		$845		$1,816		($971	)



(Dollars in thousands)	Gross Derivative Positions		Offsetting Derivative Positions		Net Amounts Presented in Balance Sheet		Cash Collateral Pledged		Net Amount
December 31, 2016	Gross Derivative Positions		Offsetting Derivative Positions		Net Amounts Presented in Balance Sheet		Cash Collateral Pledged		Net Amount
Derivative Assets:
Interest rate risk management contracts:
Interest rate caps		$134		$—		$134		$—		$134
Loan-related derivative contracts:
Interest rate swaps with customers	4,920		2,884		2,036		—		2,036
Mirror swaps with counterparties	2,758		2,758		—		—		—
Total		$7,812		$5,642		$2,170		$—		$2,170

Derivative Liabilities:
Interest rate risk management contracts:
Interest rate swaps		$378		$—		$378		$133		$245
Loan-related derivative contracts:
Interest rate swaps with customers	2,884		2,884		—		—		—
Mirror swaps with counterparties	4,986		2,758		2,228		1,295		933
Total		$8,248		$5,642		$2,606		$1,428		$1,178