Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

Fair Value Hedges

(Dollar amounts in thousands)

	As of
	September 30, 2017			December 31, 2016
Gross notional amount outstanding	$	5,583		$	5,958
Derivative liability fair value	(146		)	(282		)
Weighted-average interest rate received	3.23		%	2.63		%
Weighted-average interest rate paid	5.96		%	5.96		%
Weighted-average maturity (in years)	1.10			1.84
Fair value of derivative (1)	$	157		$	296

⁽¹⁾  This amount represents the fair value if credit risk related contingent features were triggered.

Cash Flow Hedges

(Dollar amounts in thousands)

	As of
	September 30, 2017			December 31, 2016
Gross notional amount outstanding	$	1,960,000		$	1,470,000
Derivative asset fair value	3,234			5,402
Derivative liability fair value	(6,729		)	(7,390		)
Weighted-average interest rate received	1.55		%	1.37		%
Weighted-average interest rate paid	1.51		%	1.11		%
Weighted-average maturity (in years)	2.50			2.83

Schedule of Derivative Instruments

Other Derivative Instruments

(Dollar amounts in thousands)

	As of
	September 30, 2017			December 31, 2016
Gross notional amount outstanding	$	2,463,967		$	1,656,612
Derivative asset fair value	18,268			13,478
Derivative liability fair value	(14,443		)	(13,478		)
Fair value of derivative (1)	14,704			13,753

⁽¹⁾  This amount represents the fair value if credit risk related contingent features were triggered.

Offsetting Assets

The following table presents the fair value of the Company's derivatives and offsetting positions as of September 30, 2017 and December 31, 2016.

Fair Value of Offsetting Derivatives

(Dollar amounts in thousands)

	As of September 30, 2017						As of December 31, 2016
	Assets			Liabilities			Assets			Liabilities
Gross amounts recognized	$	21,502		$	21,318		$	18,880		$	21,150
Less: amounts offset in the Consolidated Statements of   Financial Condition	—			—			—			—
Net amount presented in the Consolidated Statements of   Financial Condition (1)	21,502			21,318			18,880			21,150
Gross amounts not offset in the Consolidated Statements of   Financial Condition:
Offsetting derivative positions	(16,557		)	(16,557		)	(10,889		)	(10,889		)
Cash collateral pledged	—			(4,761		)	—			(10,261		)
Net credit exposure	$	4,945		$	—		$	7,991		$	—

⁽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 September 30, 2017 and December 31, 2016.

Fair Value of Offsetting Derivatives

(Dollar amounts in thousands)

	As of September 30, 2017						As of December 31, 2016
	Assets			Liabilities			Assets			Liabilities
Gross amounts recognized	$	21,502		$	21,318		$	18,880		$	21,150
Less: amounts offset in the Consolidated Statements of   Financial Condition	—			—			—			—
Net amount presented in the Consolidated Statements of   Financial Condition (1)	21,502			21,318			18,880			21,150
Gross amounts not offset in the Consolidated Statements of   Financial Condition:
Offsetting derivative positions	(16,557		)	(16,557		)	(10,889		)	(10,889		)
Cash collateral pledged	—			(4,761		)	—			(10,261		)
Net credit exposure	$	4,945		$	—		$	7,991		$	—

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