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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Financial Asset and Liabilities Measured at Fair Value on Recurring Basis
The Company has segregated all financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to estimate the fair value at the measurement date in the tables below. See Note 1, Summary of Significant Accounting Policies, for a description of how fair value measurements are determined.
 
December 31, 2017
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Securities available for sale
$

 
$
4,590,062

 
$

 
$
4,590,062

Mortgage loans held for sale

 
134,916

 

 
134,916

Derivative instruments

 
31,265

 

 
31,265

Total
$

 
$
4,756,243

 
$

 
$
4,756,243

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
25,154

 
$

 
$
25,154

Total
$

 
$
25,154

 
$

 
$
25,154

 
 
 
 
 
 
 
 
 
December 31, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Securities available for sale
$

 
$
3,446,097

 
$

 
$
3,446,097

Mortgage loans held for sale

 
157,041

 

 
157,041

Derivative instruments

 
38,886

 

 
38,886

Total
$

 
$
3,642,024

 
$

 
$
3,642,024

Liabilities
 
 
 
 
 
 
 
Derivative instruments
$

 
$
30,209

 
$

 
$
30,209

Total
$

 
$
30,209

 
$

 
$
30,209

Gains and Losses Included in Earnings Related to Asset and Liabilities Measured at Fair Value on Recurring Basis
Gains and losses (realized and unrealized) included in earnings (or accumulated other comprehensive income) during 2017 related to assets and liabilities measured at fair value on a recurring basis are reported in non-interest income or other comprehensive income as follows:
(Dollars in thousands)
Non-interest income
 
Other comprehensive income (loss), net of tax
Total gains (losses) included in earnings
$
(1,166
)
 
$

Change in unrealized gains (losses) relating to assets still held at December 31, 2017

 
(11,721
)
Financial Asset and Liabilities Measured at Fair Value on Nonrecurring Basis
The Company has segregated all assets and liabilities that are measured at fair value on a non-recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date in the tables below.
 
December 31, 2017
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Loans
$

 
$

 
$
71,210

 
$
71,210

OREO, net

 

 
3,029

 
3,029

Total
$

 
$

 
$
74,239

 
$
74,239

 
 
 
 
 
 
 
 
 
December 31, 2016
(Dollars in thousands)
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Loans
$

 
$

 
$
93,485

 
$
93,485

OREO, net

 

 
185

 
185

Total
$

 
$

 
$
93,670

 
$
93,670

Summary of Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance for Mortgage Loans Held for Sale
The following table summarizes the difference between the aggregate fair value and the aggregate unpaid principal balance for mortgage loans held for sale measured at fair value:
 
December 31, 2017
 
December 31, 2016
(Dollars in thousands)
Aggregate Fair Value
 
Aggregate Unpaid Principal
 
Aggregate Fair Value Less Unpaid Principal
 
Aggregate Fair Value
 
Aggregate Unpaid Principal
 
Aggregate Fair Value Less Unpaid Principal
Mortgage loans held for sale, at fair value
$
134,916

 
$
131,276

 
$
3,640

 
$
157,041

 
$
153,801

 
$
3,240