Balance Sheet Offsetting

9 Months Ended

Sep. 30, 2019

Offsetting [Abstract]

Balance Sheet Offsetting Disclosure [Text Block]

BALANCE SHEET OFFSETTING

The Company does not offset fair value amounts recognized for derivative instruments. The Company does net the amount recognized for the right to reclaim cash collateral against the obligation to return cash collateral arising from derivative instruments executed with the same counterparty under a master netting arrangement. Collateral legally required to be maintained at dealer banks by the Company is monitored and adjusted as necessary.

The following tables present the Company's asset and liability derivative positions and the potential effect of netting arrangements on its financial position, as of the periods indicated:

							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts Recognized in the Statement of Financial Position		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Financial Instruments (1)		Collateral Pledged (Received)		Net Amount
	September 30, 2019
	(Dollars in thousands)
Derivative Assets
Interest rate swaps	$	29,551	$	—	$	29,551	$	29,551	$	—	$	—
Loan level derivatives	71,554		—		71,554		126		—		71,428
Customer foreign exchange contracts	3,345		—		3,345		—		—		3,345
	$	104,450	$	—	$	104,450	$	29,677	$	—	$	74,773
Derivative Liabilities
Interest rate swaps	$	244	$	—	$	244	$	—	$	244	$	—
Loan level derivatives	71,544		—		71,544		29,677		41,192		675
Customer foreign exchange contracts	3,305		—		3,305		—		—		3,305
	$	75,093	$	—	$	75,093	$	29,677	$	41,436	$	3,980

(1) Reflects offsetting derivative positions with the same counterparty.

							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts Recognized in the Statement of Financial Position		Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Financial Instruments (1)		Collateral Pledged (Received)			Net Amount
	December 31, 2018
	(Dollars in thousands)
Derivative Assets
Interest rate swaps	$	8,955	$	—	$	8,955	$	391	$	(5,527	)	$	3,037
Loan level derivatives	15,580		—		15,580		6,165		(3,001		)	6,414
Customer foreign exchange contracts	1,578		—		1,578		—		—			1,578
	$	26,113	$	—	$	26,113	$	6,556	$	(8,528	)	$	11,029
Derivative Liabilities
Interest rate swaps	$	391	$	—	$	391	$	391	$	—		$	—
Loan level derivatives	15,584		—		15,584		6,165		173			9,246
Customer foreign exchange contracts	1,548		—		1,548		—		—			1,548
	$	17,523	$	—	$	17,523	$	6,556	$	173		$	10,794

(1)

Reflects offsetting derivative positions with the same counterparty.