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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Values of Derivative Instruments
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 June 30, 2018.
 
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
 
$
(4,539
)
Total
 
 
 
$
75,000

 
 
 
$
(4,539
)
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
 
Interest rate lock commitment with customers

 
 
65,594

 
Other Assets
 
$
830

Interest rate lock commitment with customers

 
 
5,128

 
Other Liabilities
 
(26
)
Forward sale commitments

 
 
34,944

 
Other Assets
 
216

Forward sale commitments

 
 
33,564

 
Other Liabilities
 
(105
)
Total

 
 
$
139,230

 
 
 
$
915

Total derivatives

 
 
$
214,230

 
 
 
$
(3,624
)
Summary of Company's Derivative Financial Instruments
The table below presents the effect of the derivative financial instruments on the Consolidated Statements of Income for the three and six months ended June 30, 2018 and June 30, 2017.
(Dollars in thousands)
 
Amount of (Loss) or Gain Recognized in OCI on Derivative (Effective Portion)
 
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)
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
Derivatives in Cash Flow Hedging Relationships
 
2018
 
2017
 
2018
 
2017
 
 
Interest Rate Products
 
$
(246
)
 
$
263

 
$
(1,010
)
 
$
150

 
Interest income
Total
 
$
(246
)
 
$
263

 
$
(1,010
)
 
$
150

 
 
 
 
 
 
 
 
 
 
 
Amount of Gain or (Loss) Recognized in Income
 
Amount of Gain or (Loss) Recognized in Income
 
Location of Gain or (Loss) Recognized in Income
(Dollars in thousands)
 
Three months ended June 30,
 
Six months ended June 30,
 
 
Derivatives Not Designated as a Hedging Instrument
 
2018
 
2017
 
2018
 
2017
 
 
Interest Rate Lock Commitments
 
$
96

 
$
—

 
$
(296
)
 
$
—

 
Mortgage banking activities, net
Forward Sale Commitments
 
60

 
$
—

 
(332
)
 
$
—

 
Mortgage banking activities, net
Total
 
$
156

 
$
—

 
$
(628
)
 
$
—