Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2021

Derivative Financial Instruments

Derivative financial instruments summary

				September 30, 2021						December 31, 2020
	Balance Sheet	Notional		Estimated Fair Value				Notional		Estimated Fair Value
(Dollars in thousands)	Location	Amount		Gain		Loss		Amount		Gain		Loss
Fair value hedge of interest rate risk:
Pay fixed rate swap with counterparty	Other Liabilities	$	16,042	$	—	$	1,499	$	16,439	$	—	$	2,086
Not designated hedges of interest rate risk:
Customer related interest rate contracts:
Matched interest rate swaps with borrowers	Other Assets and Other Liabilities		10,112,896		480,600		52,959		9,324,359		802,717		46
Matched interest rate swaps with counterparty	Other Assets and Other Liabilities		10,121,166		—		427,646		9,324,359		46		802,700
Not designated hedges of interest rate risk - mortgage banking activities:
Contracts used to hedge mortgage servicing rights	Other Assets and Other Liabilities		185,000		—		2,903		149,000		119		—
Contracts used to hedge mortgage pipeline	Other Assets		466,500		8,485		—		528,500		11,017		—
Total derivatives		$	20,901,604	$	489,085	$	485,007	$	19,342,657	$	813,899	$	804,832

Schedule of notional value of forward sale commitments and the fair value of those obligations along with the fair value of the mortgage pipeline

(Dollars in thousands)	September 30, 2021		December 31, 2020
Mortgage loan pipeline	$	432,063	$	510,730
Expected closures		385,210		411,273
Fair value of mortgage loan pipeline commitments		6,319		15,328
Forward sales commitments		466,500		528,500
Fair value of forward commitments		2,166		(4,311)