Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments

Schedule of amounts recorded in the Company’s consolidated balance sheets for derivatives not designated as hedging instruments

		September 30, 2019				December 31, 2018
		Fair		Notional		Fair		Notional
(dollars in thousands)		Value		Amount		Value		Amount
Asset Derivatives	Consolidated Balance Sheet Location
Interest rate lock commitments	Other assets	$	2,036	$	89,608	$	12	$	33,858
Forward loan sales commitments	Other assets		447		17,662		—		—
TBA mortgage backed securities	Other assets		—		—		—		—
Total asset derivatives		$	2,483	$	107,270	$	12	$	33,858
Liability Derivatives
Interest rate lock commitments	Accrued expenses and other liabilities	$	—	$	—	$	—	$	—
Forward loan sales commitments	Accrued expenses and other liabilities		—		—		7		2,956
TBA mortgage backed securities	Accrued expenses and other liabilities		104		148,500		—		—
Total liability derivatives		$	104	$	148,500	$	7	$	2,956

Schedule of gain (loss) recognized on derivatives instruments

		Gain/(loss)
		Three months ended				Nine months ended
		September 30,		September 30,		September 30,		September 30,
(dollars in thousands)	Consolidated Statements of Income Location	2019		2018		2019		2018
Interest rate lock commitments	Mortgage banking	$	(257)	$	(29)	$	2,024	$	(11)
Forward loan sales commitments	Mortgage banking		(199)		46		454		24
TBA mortgage backed securities	Mortgage banking		680		—		(104)		—
Total gain/(loss) from derivative instruments		$	224	$	17	$	2,374	$	13