Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments

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

		March 31, 2020				December 31, 2019
		Fair		Notional		Fair		Notional
(dollars in thousands)		Value		Amount		Value		Amount
Asset Derivatives	Consolidated Balance Sheet Location
Interest rate lock commitments	Other assets	$	2,543	$	147,414	$	1,228	$	45,715
Forward loan sales commitments	Other assets		1,059		35,011		393		12,784
TBA mortgage backed securities	Other assets		—		—		—		—
Total asset derivatives		$	3,602	$	182,425	$	1,621	$	58,499
Liability Derivatives
Interest rate lock commitments	Accrued expenses and other liabilities	$	—	$	—	$	—	$	—
Forward loan sales commitments	Accrued expenses and other liabilities		—		—		—		—
TBA mortgage backed securities	Accrued expenses and other liabilities		2,884		193,500		109		68,500
Total liability derivatives		$	2,884	$	193,500	$	109	$	68,500

Schedule of gain (loss) recognized on derivatives instruments

		Three months ended
	Consolidated Statements of	March 31,		March 31,
(dollars in thousands)	Income Location	2020		2019
Interest rate lock commitments	Mortgage banking	$	1,227	$	1,789
Forward loan sales commitments	Mortgage banking		666		246
TBA mortgage backed securities	Mortgage banking		(3,423)		(454)
Total gain/(loss) from derivative instruments		$	(1,530)	$	1,581