DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The table below presents the fair value of our derivative financial instruments as well as their location on the unaudited Consolidated Statements of Financial Condition as of March 31, 2020.


	Fair Values of Derivative Instruments
(Dollars in thousands)		Count	Notional		Balance Sheet Location	Derivatives (Fair Value)
Derivatives designated as hedging instruments:
Interest rate products		3	$	75,000	Other assets	$	1,327
Total			$	75,000		$	1,327
Derivatives not designated as hedging instruments:
Interest rate products			$	71,258	Other assets	$	6,783
Interest rate products			71,258		Other liabilities	(7,216)
Risk participation agreements			4,487		Other liabilities	(13)
Interest rate lock commitments with customers			184,693		Other assets	4,050
Interest rate lock commitments with customers			76,901		Other liabilities	(382)
Forward sale commitments			103,222		Other assets	1,531
Forward sale commitments			148,090		Other liabilities	(3,041)
Total			$	659,909		$	1,712
Total derivatives			$	734,909		$	3,039

The table below presents the fair value of our derivative financial instruments as well as their location on the Consolidated Statements of Financial Condition as of December 31, 2019.


	Fair Values of Derivative Instruments
(Dollars in thousands)		Count	Notional		Balance Sheet Location	Derivatives (Fair Value)
Derivatives designated as hedging instruments:
Interest rate products		3	$	75,000	Other liabilities	$	(759)
Total			$	75,000		$	(759)
Derivatives not designated as hedging instruments:
Interest rate products			$	71,804	Other assets	$	2,520
Interest rate products			71,804		Other liabilities	(2,688)
Risk participation agreements			4,524		Other liabilities	(4)
Interest rate lock commitments with customers			99,057		Other assets	1,768
Interest rate lock commitments with customers			28,505		Other liabilities	(191)
Forward sale commitments			61,301		Other assets	596
Forward sale commitments			90,177		Other liabilities	(276)
Total			$	427,172		$	1,725
Total derivatives			$	502,172		$	966

Summary of Company's Derivative Financial Instruments

The table below presents the effect of the derivative financial instruments on the unaudited Consolidated Statements of Income for the three months ended March 31, 2020 and March 31, 2019.


	Amount of (Loss) or Gain Recognized in OCI on Derivative (Effective Portion)					Location of (Loss) or Gain Reclassified from Accumulated OCI into Income (Effective Portion)
(Dollars in thousands)	Three Months Ended March 31,
Derivatives in Cash Flow Hedging Relationships	2020		2019
Interest Rate Products	$	1,585	$	630	Interest income
Total	$	1,585	$	630

	Amount of Gain or (Loss) Recognized in Income					Location of Gain or (Loss) Recognized in Income
(Dollars in thousands)	Three Months Ended March 31,
Derivatives Not Designated as a Hedging Instrument	2020		2019
Interest Rate Lock Commitments	$	3,049	$	632	Mortgage banking activities, net
Forward Sale Commitments	(4,045)		(234)		Mortgage banking activities, net
Total	$	(996)	$	398