Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

Derivative Financial Instruments

Schedule of derivative instruments

	June 30, 2017
	Notional								Collateral
(Dollars in thousands)	Amount1		Positions		Assets2		Liabilities2		Pledged3
Cash flow hedges:
Interest rate swaps:
Pay variable rate swaps with counterparty	$	25,000		3	$	—	$	59	$	313
Not designated as hedges:
Customer-related interest rate contracts:
Matched interest rate swaps with borrower		32,069		5		115		826		—
Matched interest rate swaps with counterparty		32,069		5		826		115		—
Other contracts:
Interest rate lock commitments		141,485		684		1,377		—		—

¹ Notional amounts are not recorded on the balance sheet and are generally used only as a basis on which interest and other payments are determined.

² Balances represent the fair value of derivative financial instruments.

³ Collateral pledged may be comprised of cash or securities.

	December 31, 2016
	Notional								Collateral
(Dollars in thousands)	Amount1		Positions		Assets2		Liabilities2		Pledged3
Cash flow hedges:
Interest rate swaps:
Pay variable rate swaps with counterparty	$	25,000		3	$	—	$	56	$	323
Not designated as hedges:
Customer-related interest rate contracts:
Matched interest rate swaps with borrower		25,151		4		—		1,032		—
Matched interest rate swaps with counterparty		25,151		4		1,032		—		—
Other contracts:
Interest rate lock commitments		106,612		504		663		—		—

¹ Notional amounts are not recorded on the balance sheet and are generally used only as a basis on which interest and other payments are determined.

² Balances represent the fair value of derivative financial instruments.

Collateral pledged may be comprised of cash or securities.