Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Financial Instruments

Summary of notional amounts and fair values of derivatives held

	March 31, 2018						December 31, 2017
			Fair Value						Fair Value
	Notional		Asset		Liability		Notional		Asset		Liability
(dollars in thousands)	Amount		Derivatives(1)		Derivatives(2)		Amount		Derivatives(1)		Derivatives(2)
Derivatives designated as hedging instruments:
Interest rate swaps	$	194,548	$	29	$	(873)	$	194,687	$	—	$	(2,032)
Derivatives not designated as hedging instruments:
Interest rate swaps		1,988,253		3,936		(16,737)		1,820,442		14,658		(13,017)
Funding swap		56,107		—		(4,845)		43,113		—		(5,439)
Foreign exchange contracts		4,618		2		(40)		3,658		24		—

⁽¹⁾ The positive fair values of derivative assets are included in other assets.

The negative fair values of derivative liabilities are included in other liabilities.

Schedule of net gains and losses recognized in income related to derivatives in fair value hedging relationships

	March 31,
(dollars inthousands)	2018		2017
Interest expense recorded in net interest income	$	(108)	$	(199)
Gains (losses) recorded in noninterest income:
Recognized on derivatives		550		219
Recognized on hedged item		(763)		(197)
Net (losses) gains recognized on fair value hedges (ineffective portion)		(213)		22
Net losses recognized on fair value hedges	$	(321)	$	(177)

Summary of effect of cash flow hedging relationships

	March 31,
(dollars inthousands)	2018		2017
Pretax gains recognized in other comprehensive income on derivatives (effective portion)	$	738	$	598

Summary of impact on pretax earnings of derivatives not designated as hedges

	Net gains (losses) recognized
	in the consolidated statements	Three Months Ended March 31,
(dollars inthousands)	of income line item	2018		2017
Derivatives Not Designated As Hedging Instruments:
Interest rate swaps	Other noninterest income	$	404	$	253
Funding swap	Other noninterest income		(84)		3
Foreign exchange contracts	Other noninterest income		(63)		205