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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
Cash Flow Hedges
(Dollar amounts in thousands)
 
 
As of December 31,
 
 
2016
 
2015
Gross notional amount outstanding
 
$
1,470,000

 
$
1,220,000

Derivative asset fair value
 
5,402

 
4,787

Derivative liability fair value
 
(7,390
)
 
(8,950
)
Weighted-average interest rate received
 
1.37
%
 
1.24
%
Weighted-average interest rate paid
 
1.11
%
 
0.75
%
Weighted-average maturity (in years)
 
2.83

 
3.91

Fair Value Hedges
(Dollar amounts in thousands)
 
 
As of December 31,
 
 
2016
 
2015
Gross notional amount outstanding
 
$
5,958

 
$
11,620

Derivative liability fair value
 
(282
)
 
(643
)
Weighted-average interest rate received
 
2.63
%
 
2.25
%
Weighted-average interest rate paid
 
5.96
%
 
6.36
%
Weighted-average maturity (in years)
 
1.84

 
1.97

Fair value of derivative (1)
 
$
296

 
$
665



(1) 
This amount represents the fair value if credit risk related contingent features were triggered.
Schedule of Derivative Instruments
Other Derivative Instruments
(Dollar amounts in thousands)
 
 
As of December 31,
 
 
2016
 
2015
Gross notional amount outstanding
 
$
1,656,612

 
$
853,385

Derivative asset fair value
 
13,478

 
11,446

Derivative liability fair value
 
(13,478
)
 
(11,446
)
Fair value of derivative (1)
 
13,753

 
11,939



(1) 
This amount represents the fair value if credit risk related contingent factors were triggered.
Offsetting Assets
The following table presents the fair value of the Company's derivatives and offsetting positions as of December 31, 2016 and 2015.
Fair Value of Offsetting Derivatives
(Dollar amounts in thousands)
 
As of December 31,
 
2016
 
2015
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts recognized
$
18,880

 
$
21,150

 
$
16,233

 
$
21,039

Less: amounts offset in the Consolidated Statements of
  Financial Condition

 

 

 

Net amount presented in the Consolidated Statements of
  Financial Condition (1)
18,880

 
21,150

 
16,233

 
21,039

Gross amounts not offset in the Consolidated Statements of
  Financial Condition:
 
 
 
 
 
 
 
Offsetting derivative positions
(10,889
)
 
(10,889
)
 
(4,791
)
 
(4,791
)
Cash collateral pledged

 
(10,261
)
 

 
(16,248
)
Net credit exposure
$
7,991

 
$

 
$
11,442

 
$


(1) 
Included in other assets or other liabilities in the Consolidated Statements of Financial Condition.
Offsetting Liabilities
The following table presents the fair value of the Company's derivatives and offsetting positions as of December 31, 2016 and 2015.
Fair Value of Offsetting Derivatives
(Dollar amounts in thousands)
 
As of December 31,
 
2016
 
2015
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts recognized
$
18,880

 
$
21,150

 
$
16,233

 
$
21,039

Less: amounts offset in the Consolidated Statements of
  Financial Condition

 

 

 

Net amount presented in the Consolidated Statements of
  Financial Condition (1)
18,880

 
21,150

 
16,233

 
21,039

Gross amounts not offset in the Consolidated Statements of
  Financial Condition:
 
 
 
 
 
 
 
Offsetting derivative positions
(10,889
)
 
(10,889
)
 
(4,791
)
 
(4,791
)
Cash collateral pledged

 
(10,261
)
 

 
(16,248
)
Net credit exposure
$
7,991

 
$

 
$
11,442

 
$


(1) 
Included in other assets or other liabilities in the Consolidated Statements of Financial Condition.