DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Information about Derivatives

Information about the interest rate swaps designated as cash flow hedges as of December 31, 2017 and 2016 is presented in the following table:

(Dollars in thousands)	2017			2016
Notional amount	$	180,000		$	180,000
Weighted average pay rate		1.64	%		1.64	%
Weighted average receive rate		1.33	%		0.58	%
Weighted average maturity		2.25	years		3.25	years
Unrealized gain/(loss), net	$	1,394		$	(744	)

Schedule of Net Gains/(Losses)

The following table presents the net gains/(losses) recorded in accumulated other comprehensive income and the consolidated financial statements relating to the cash flow derivative instruments for the year ended December 31:

2017
					Amount of
	Amount of		Amount of		Gain/(Loss)
	Gain/(Loss)		Gain/(Loss)		Recognized in
	Recognized		Reclassified		Other Non-Interest
	In OCI		From OCI to		Expense
(In thousands)	(Effective Portion)		Interest Expense		(Ineffective Portion)
Interest rate contracts	$	2,138	$	—	$	—

2016
					Amount of
	Amount of		Amount of		Gain/(Loss)
	Gain/(Loss)		Gain/(Loss)		Recognized in
	Recognized		Reclassified		Other Non-Interest
	In OCI		From OCI to		Expense
(In thousands)	(Effective Portion)		Interest Expense		(Ineffective Portion)
Interest rate contracts	$	587	$	—	$	—

Schedule of Notional Amount and Fair Value

The following tables reflect the cash flow hedges included in the financial statements as of December 31, 2017 and 2016:

	December 31, 2017
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	1,394
Total included in other assets		180,000		1,394

	December 31, 2016
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	(744	)
Total included in other assets		30,000		123
Total included in other liabilities	$	150,000	$	(867	)

Not Designated as Hedging Instrument [Member]

Schedule of Information about Derivatives

Information about these swaps is as follows:

(Dollars in thousands)	December 31, 2017			December 31, 2016
Notional amount	$	317,363		$	126,810
Fair value	$	3,131		$	1,543
Weighted average pay rates		4.11	%		3.75	%
Weighted average receive rates		3.43	%		2.65	%
Weighted average maturity		7.6	years		9.4	years