Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The table below presents the fair value of derivative financial instruments as well as their location on the Consolidated Statements of Financial Condition as of December 31, 2021.


	Fair Values of Derivative Instruments

(Dollars in thousands)	Notional		Balance Sheet Location	Derivatives (Fair Value)



Derivatives not designated as hedging instruments:
Interest rate products	$	54,834	Other assets	$	2,625
Interest rate products	54,834		Other liabilities	(2,847)
Risk participation agreements	4,214		Other liabilities	(3)
Interest rate lock commitments with customers	102,264		Other assets	1,991
Interest rate lock commitments with customers	12,813		Other liabilities	(73)
Forward sale commitments	63,664		Other assets	537
Forward sale commitments	67,032		Other liabilities	(116)
Financial derivative related to sales of certain Visa Class B shares	113,177		Other liabilities	(20,252)
Total derivatives	$	472,832		$	(18,138)

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


	Fair Values of Derivative Instruments

(Dollars in thousands)	Notional		Balance Sheet Location	Derivatives (Fair Value)



Derivatives not designated as hedging instruments:
Interest rate products	$	61,326	Other assets	$	5,369
Interest rate products	61,326		Other liabilities	(5,851)
Risk participation agreements	4,372		Other liabilities	(10)
Interest rate lock commitments with customers	244,037		Other assets	8,496
Interest rate lock commitments with customers	8,413		Other liabilities	(117)
Forward sale commitments	50,705		Other assets	583
Forward sale commitments	258,186		Other liabilities	(2,240)
Financial derivative related to sales of certain Visa Class B shares	113,177		Other liabilities	(24,039)
Total derivatives	$	801,542		$	(17,809)

Summary of Company's Derivative Financial Instruments

The table below presents the effect of the cash flow hedges on the Consolidated Statements of Income for the year ended December 31, 2020 and 2019.


	Amount of Gain Recognized in OCI on Derivative (Effective Portion)				Location of Gain Reclassified from Accumulated OCI into Income (Effective Portion)
(Dollars in thousands)	Year Ended December 31,
Derivatives in Cash Flow Hedging Relationships	2020		2019
Interest Rate Products	$	1,560	$	1,877	Interest income
Total	$	1,560	$	1,877

The table below presents the effect of the derivative financial instruments on the Consolidated Statements of Income for the years ended December 31, 2021, 2020 and 2019.








	Amount of (Loss) or Gain Recognized in Income						Location of (Loss) or Gain Recognized in Income
(Dollars in thousands)	Year Ended December 31,
Derivatives Not Designated as a Hedging Instrument	2021		2020		2019
Interest Rate Lock Commitments	$	(6,218)	$	6,490	$	1,399	Mortgage banking activities, net
Forward Sale Commitments	3,263		(12,226)		(1,359)		Mortgage banking activities, net
Total	$	(2,955)	$	(5,736)	$	40