Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Financial Instruments

Summary of notional amounts and fair values of derivatives held

	September 30, 2022						December 31, 2021
			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	$	267,500	$	5,677	$	(7,115)	$	67,500	$	—	$	(1,211)
Interest rate collars		200,000		—		(1,037)		—		—		—
Derivatives not designated as hedging instruments:
Interest rate swaps		2,866,620		5,865		(46,669)		2,827,582		50,898		—
Visa derivative		113,607		—		(2,359)		105,916		—		(5,530)
Interest rate caps and floors		—		—		—		148,800		27		(27)
Foreign exchange contracts		1,116		—		—		217		—		—

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

(2) 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

	Gains (losses) recognized in	Three Months Ended				Nine Months Ended
	the consolidated statements	September 30,				September 30,
(dollars in thousands)	of income line item	2022		2021		2022		2021
Gains (losses) on fair value hedging relationships recognized in interest income:
Recognized on interest rate swap	Loans and lease financing	$	745	$	111	$	6,888	$	425
Recognized on hedged item	Loans and lease financing		(839)		(126)		(7,185)		(512)

Schedule of amounts related to cumulative basis adjustments for fair value hedges

					Cumulative Amount of Fair Value
					Hedging Adjustment Included in the
	Carrying Amount of the Hedged Asset				Carrying Amount of the Hedged Asset
(dollars in thousands)	September 30, 2022		December 31, 2021		September 30, 2022		December 31, 2021
Line item in the consolidated balance sheets in which the hedged item is included
Loans and leases	$	61,794	$	68,707	$	(5,706)	$	1,207

Summary of effect of cash flow hedging relationships

	Three Months Ended		Nine Months Ended
(dollars in thousands)	September 30, 2022		September 30, 2022
Pretax net losses recognized in other comprehensive income on cash flow derivative hedges	$	(4,372)	$	(7,611)
Pretax net losses (gains) reclassified from accumulated other comprehensive income to interest income from loans and lease financing		98		(540)

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

	Net gains (losses) recognized	Three Months Ended				Nine Months Ended
	in the consolidated statements	September 30,				September 30,
(dollars in thousands)	of income line item	2022		2021		2022		2021
Derivatives Not Designated As Hedging Instruments:
Visa derivative	Other noninterest income	$	273	$	(49)		(1,084)		(46)