Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the notional amount and fair value of the derivative financial instruments

The notional amount and fair value of the Company’s derivative financial instruments as of June 30, 2018 and December 31, 2017 were as follows:

		June 30, 2018						December 31, 2017
(dollars in thousands)	Notional Amount			Fair Value			Notional Amount			Fair Value
Interest Rate Lock Commitments		$	31,298	$	707			$	35,422	$	789
Forward Commitments		33,336		(115		)		45,143		(56		)
Interest Rate Swap Agreements
Receive Fixed/Pay Variable Swaps		453,275		(11,494		)		374,670		(1,331		)
Pay Fixed/Receive Variable Swaps		453,275		11,178				374,670		1,436
Foreign Exchange Contracts		48,305		(241		)		54,332		(13		)
Conversion Rate Swap Agreement		81,058		(1,000		)		70,571		—

Derivative financial instruments, their fair values, and balance sheet location

The following table presents the Company’s derivative financial instruments, their fair values, and their location in the consolidated statements of condition as of June 30, 2018 and December 31, 2017:

Derivative Financial Instruments	June 30, 2018				December 31, 2017
Not Designated as Hedging Instruments 1	Asset		Liability		Asset		Liability
(dollars in thousands)	Derivatives		Derivatives		Derivatives		Derivatives
Interest Rate Lock Commitments	$	708	$	1	$	789	$	—
Forward Commitments	10		125		14		70
Interest Rate Swap Agreements	14,422		14,738		9,583		9,478
Foreign Exchange Contracts	72		313		132		145
Conversion Rate Swap Agreement	—		1,000		—		—
Total	$	15,212	$	16,177	$	10,518	$	9,693

¹  Asset derivatives are included in other assets and liability derivatives are included in other liabilities in the consolidated statements of condition.

Derivative financial instruments and the amount and location of the net gains or losses recognized in the statements of income

The following table presents the Company’s derivative financial instruments and the amount and location of the net gains or losses recognized in the consolidated statements of income for the three and six months endedJune 30, 2018 and 2017:

	Location of
Derivative Financial Instruments	Net Gains (Losses)	Three Months Ended						Six Months Ended
Not Designated as Hedging Instruments	Recognized in the	June 30,						June 30,
(dollars in thousands)	Statements of Income	2018			2017			2018			2017
Interest Rate Lock Commitments	Mortgage Banking	$	968		$	1,655		$	1,498		$	2,922
Forward Commitments	Mortgage Banking	240			(465		)	925			(889		)
Interest Rate Swap Agreements	Other Noninterest Income	632			525			750			680
Foreign Exchange Contracts	Other Noninterest Income	995			796			1,959			1,846
Conversion Rate Swap Agreement	Investment Securities Gains (Losses), Net	(1,000		)	—			(1,000		)	—
Total		$	1,835		$	2,511		$	4,132		$	4,559