Derivative Financial Instruments

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

(Losses)/gains of $(2.6) million, $2.7 million, and $2.0 million were recorded for the years ended December 31, 2017, 2016, and 2015, respectively, for all mortgage-related derivatives, and are recorded in the Consolidated Statements of Comprehensive Income as part of noninterest income from mortgage banking activities. The Company’s derivative positions were as follows:



	Contract or Notional Amount as of December 31,
(in thousands)	2017		2016
Forward rate commitments	$	430,389	$	429,283
Interest rate lock commitments	172,293		174,835
Total derivatives contracts	$	602,682	$	604,118

The Company’s derivative contracts are not subject to master netting arrangements.