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Derivative and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary Of Other derivative instruments not designated as hedging instruments The following table presents the total notional amounts and gross fair values of the Company’s derivatives, as well as the balance sheet netting adjustments as of June 30, 2021 and December 31, 2020. The derivative assets and liabilities are presented on a gross basis prior to the application of bilateral collateral and master netting agreements, but after the variation margin payments with central clearing organizations have been applied as settlement, as applicable. Total derivative assets and liabilities are adjusted to take into consideration the effects of legally enforceable master netting agreements and cash collateral received or paid as of June 30, 2021 and December 31, 2020. The resulting net derivative asset and liability fair values are included in other assets and accrued expenses and other liabilities, respectively, on the consolidated balance sheets.
 June 30, 2021December 31, 2020
AssetLiabilityAssetLiability
($ in Thousands)Notional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueNotional AmountFair Value
Not designated as hedging instruments
Interest rate-related instruments$3,716,697 $125,879 $3,716,697 $23,115 $3,639,679 $192,518 $3,639,679 $25,680 
Foreign currency exchange forwards476,479 3,747 465,165 3,556 411,292 4,909 398,890 4,836 
Commodity contracts33,320 9,593 33,519 9,393 87,547 12,486 83,214 11,155 
Mortgage banking(a)
266,193 6,543 397,000 430 226,818 9,624 335,500 2,046 
Gross derivatives before netting$145,762 $36,494 $219,537 $43,716 
Less: Legally enforceable master netting agreements1,456 1,456 1,936 1,936 
Less: Cash collateral pledged/received534 25,000 10,879 25,625 
Total derivative instruments, after netting$143,772 $10,039 $206,722 $16,155 
(a) Mortgage derivative assets include interest rate lock commitments and mortgage derivative liabilities include forward commitments.
Schedule of cash flow hedging instruments, statements of financial performance and financial position location The table below identifies the effect of fair value hedge accounting on the Corporation's consolidated statements of income for the three and six months ended June 30, 2021 and 2020:
Location and Amount of Gain or (Loss) Recognized in Income on
Fair Value and Cash Flow Hedging Relationships
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
($ in Thousands)Interest IncomeOther Income (Expense)Interest IncomeOther Income (Expense)Interest IncomeOther Income (Expense)Interest IncomeOther Income (Expense)
Total amounts of income and expense line items presented on the consolidated statements of income in which the effects of the fair value hedge is recorded$(352)$— $(542)$— $(837)$— $(864)$(262)
The effects of fair value hedging: Gain or (loss) on fair value hedging relationships in Subtopic 815-20
Interest contracts
Hedged items (352)— (542)— (837)— (864)(262)
Gain (loss) on derivative instruments not designated as hedging instruments The table below identifies the effect of derivatives not designated as hedging instruments on the Corporation's consolidated statements of income for the three and six months ended June 30, 2021 and 2020:
Consolidated Statements of Income Category of
Gain / (Loss) 
Recognized in Income		Three Months Ended June 30,Six Months Ended June 30,
($ in Thousands)2021202020212020
Derivative Instruments
Interest rate-related instruments — customer and mirror, netCapital markets, net$(950)$(65)$1,989 $(3,155)
Foreign currency exchange forwardsCapital markets, net(25)41 118 (81)
Commodity contractsCapital markets, net(512)(105)(1,132)641 
Interest rate lock commitments (mortgage)Mortgage banking, net(373)382 (3,081)10,310 
Forward commitments (mortgage)Mortgage banking, net4,685 9,679 (1,616)(582)