Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of key elements of derivative instruments other than forward sales of mortgage loans


	September 30, 2019
	Notional						Collateral
(Dollars in thousands)	Amount		Assets		Liabilities		Pledged1
Cash flow hedges:
Interest rate swap contracts	$	25,000	$	—	$	592	$	—
Not designated as hedges:
Customer-related interest rate swap contracts:
Matched interest rate swaps with borrower		66,305		3,484		—		—
Matched interest rate swaps with counterparty		66,305		—		3,484		—
Mortgage banking contracts:
IRLCs		116,927		1,760		—		—
Forward sales of TBA securities		23,250		—		56		—


	December 31, 2018
	Notional						Collateral
(Dollars in thousands)	Amount		Assets		Liabilities		Pledged1
Cash flow hedges:
Interest rate swap contracts	$	25,000	$	289	$	—	$	—
Not designated as hedges:
Customer-related interest rate swap contracts:
Matched interest rate swaps with borrower		45,961		216		1,391		—
Matched interest rate swaps with counterparty		45,961		1,391		216		—
Mortgage banking contracts:
IRLCs		44,324		636		—		—

Collateral pledged may be comprised of cash or securities.

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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+ Details