Derivatives (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary Of Types Of Derivatives, Separately By Assets And Liabilities And Fair Value Of Derivatives

The following table summarizes the types of derivatives, separately by assets and liabilities, and the fair values of such derivatives as of June 30, 2019 and December 31, 2018:  

(in thousands)	Asset Derivatives				Liability Derivatives
Derivatives not designated as hedging instrument	June 30, 2019		December 31, 2018		June 30, 2019		December 31, 2018
Interest rate lock commitments	$	8,149	$	6,757	$	—	$	—
Interest rate forward sales commitments	58		1		3,189		2,963
Interest rate swaps	138,826		42,276		5,529		12,746
Foreign currency derivatives	802		450		605		273
Total	$	147,835	$	49,484	$	9,323	$	15,982

Summary Of Types Of Derivatives And Gains (Losses) Recorded

The following table summarizes the types of derivatives and the gains (losses) recorded during the three and six months ended June 30, 2019 and 2018:  

(in thousands)	Three Months Ended					Six Months Ended
Derivatives not designated as hedging instrument	June 30, 2019			June 30, 2018		June 30, 2019			June 30, 2018
Interest rate lock commitments	$	(25	)	$	908	$	1,391		$	2,030
Interest rate forward sales commitments	(4,681		)	500		(9,408		)	8,744
Interest rate swaps	(3,951		)	290		(6,431		)	1,421
Foreign currency derivatives	524			480		995			815
Total	$	(8,133	)	$	2,178	$	(13,453	)	$	13,010

Offsetting Derivatives Liabilities

The following table summarizes the derivatives that have a right of offset as of June 30, 2019 and December 31, 2018:

(in thousands)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets/Liabilities presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position
							Financial Instruments			Collateral Posted		Net Amount
June 30, 2019
Derivative Assets
Interest rate swaps	$	138,826	$	—	$	138,826	$	(5,529	)	$	—	$	133,297
Foreign currency derivatives	802		—		802		—			—		802
Derivative Liabilities
Interest rate swaps	$	5,529	$	—	$	5,529	$	(5,529	)	$	—	$	—
Foreign currency derivatives	605		—		605		—			—		605
December 31, 2018
Derivative Assets
Interest rate swaps	$	42,276	$	—	$	42,276	$	(12,746	)	$	—	$	29,530
Foreign currency derivatives	450		—		450		—			—		450
Derivative Liabilities
Interest rate swaps	$	12,746	$	—	$	12,746	$	(12,746	)	$	—	$	—
Foreign currency derivatives	273		—		273		—			—		273

Offsetting Derivatives Assets

The following table summarizes the derivatives that have a right of offset as of June 30, 2019 and December 31, 2018:

(in thousands)	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets/Liabilities presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position
							Financial Instruments			Collateral Posted		Net Amount
June 30, 2019
Derivative Assets
Interest rate swaps	$	138,826	$	—	$	138,826	$	(5,529	)	$	—	$	133,297
Foreign currency derivatives	802		—		802		—			—		802
Derivative Liabilities
Interest rate swaps	$	5,529	$	—	$	5,529	$	(5,529	)	$	—	$	—
Foreign currency derivatives	605		—		605		—			—		605
December 31, 2018
Derivative Assets
Interest rate swaps	$	42,276	$	—	$	42,276	$	(12,746	)	$	—	$	29,530
Foreign currency derivatives	450		—		450		—			—		450
Derivative Liabilities
Interest rate swaps	$	12,746	$	—	$	12,746	$	(12,746	)	$	—	$	—
Foreign currency derivatives	273		—		273		—			—		273