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Balance Sheet Offsetting (Tables)
3 Months Ended
Mar. 31, 2018
Balance Sheet Offsetting [Abstract]  
Balance Sheet Offsetting
The following tables present the Corporation’s derivative asset and derivative liability positions and the effect of netting arrangements on the Unaudited 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, 2018
 
 
 
 
Derivative Assets:
 
 
 
 
 
 
 
 
 
Interest rate risk management contracts:
 
 
 
 
 
 
 
 
 
Interest rate caps

$67

 

$—

 

$67

 

$—

 

$67

Interest rate swaps
1,313

 

 
1,313

 

 
1,313

Interest rate floors
90

 

 
90

 

 
90

Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
161

 
24

 
137

 

 
137

Mirror swaps with counterparties
11,152

 
365

 
10,787

 

 
10,787

Foreign exchange contracts
20

 

 
20

 

 
20

Total

$12,803

 

$389

 

$12,414

 

$—

 

$12,414

 
 
 
 
 
 
 
 
 
 
Derivative Liabilities:
 
 
 
 
 
 
 
 
 
Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
11,343

 
365

 
10,978

 

 
10,978

Mirror swaps with counterparties
161

 
24

 
137

 

 
137

Total

$11,504

 

$389

 

$11,115

 

$—

 

$11,115


(Dollars in thousands)
Gross Derivative Positions
 
Offsetting Derivative Positions
 
Net Amounts Presented in Balance Sheet
 
Cash Collateral Pledged
 
Net Amount
December 31, 2017
 
 
 
 
Derivative Assets:
 
 
 
 
 
 
 
 
 
Interest rate risk management contracts:
 
 
 
 
 
 
 
 
 
Interest rate caps

$25

 

$—

 

$25

 

$—

 

$25

Interest rate swaps
213

 

 
213

 

 
213

Interest rate floors
110

 

 
110

 

 
110

Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
2,857

 
2,589

 
268

 

 
268

Mirror swaps with counterparties
3,801

 
2,649

 
1,152

 

 
1,152

Total

$7,006

 

$5,238

 

$1,768

 

$—

 

$1,768

 
 
 
 
 
 
 
 
 
 
Derivative Liabilities:
 
 
 
 
 
 
 
 
 
Interest rate risk management contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps

$14

 

$—

 

$14

 

$14

 

$—

Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
3,884

 
2,589

 
1,295

 
1,025

 
270

Mirror swaps with counterparties
2,917

 
2,649

 
268

 

 
268

Foreign exchange contracts
26

 

 
26

 

 
26

Total

$6,841

 

$5,238

 

$1,603

 

$1,039

 

$564