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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The following table presents the impact of derivative instruments on net interest income for the years ended December 31, 2018, 2017, and 2016.
Hedge Income
(Dollar amounts in thousands)
 
 
Years Ended December 30,
 
 
2018
 
2017
 
2016
Fair Value Hedges
 
 
 
 
 
 
Interest rate swaps in interest income
 
$
(92
)
 
$
(167
)
 
$
(413
)
Cash Flow Hedges
 
 
 
 
 
 
Interest rate swaps in interest income
 
2,611

 
5,159

 
7,641

Interest rate swaps in interest expense
 
(3,673
)
 
(3,951
)
 
(4,074
)
Total cash flow hedges
 
(1,062
)
 
1,208

 
3,567

Total net (losses) gains on hedges
 
$
(1,154
)
 
$
1,041

 
$
3,154

Cash Flow Hedges
(Dollar amounts in thousands)
 
 
As of December 31,
 
 
2018
 
2017
Gross notional amount outstanding
 
$
2,280,000

 
$
1,960,000

Derivative asset fair value in other assets(1)
 
6,889

 
3,989

Derivative liability fair value in other liabilities(1)
 
(11,328
)
 
(10,219
)
Weighted-average interest rate received
 
2.12
%
 
1.58
%
Weighted-average interest rate paid
 
2.20
%
 
1.61
%
Weighted-average maturity (in years)
 
1.53

 
2.25


(1) 
Certain cash flow hedges are transacted through a clearinghouse ("centrally cleared") and their change in fair value is settled by the counterparties to the transaction, which results in no fair value.
Fair Value Hedges
(Dollar amounts in thousands)
 
 
As of December 31,
 
 
2017
Gross notional amount outstanding
 
$
5,458

Derivative liability fair value in other liabilities
 
(101
)
Weighted-average interest rate received
 
3.38
%
Weighted-average interest rate paid
 
5.96
%
Weighted-average maturity (in years)
 
0.84

Fair value of derivative(1)
 
$
110


(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,
 
 
2018
 
2017
Gross notional amount outstanding
 
$
3,085,226

 
$
2,665,358

Derivative asset fair value in other assets(1)
 
25,168

 
17,079

Derivative liability fair value in other liabilities(1)
 
(17,533
)
 
(14,930
)
Fair value of derivative(2)
 
18,013

 
15,059


(1) 
Certain other derivative instruments are centrally cleared and their change in fair value is settled by the counterparties to the transaction, which resuts in no fair value.
(2) 
This amount represents the fair value if credit risk related contingent factors were triggered.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the impact of derivative instruments on comprehensive income and the reclassification of gains (losses) from accumulated other comprehensive loss to net interest income for the years ended December 31, 2018 and 2017, and 2016.
Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income
(Dollar amounts in thousands)
 
 
Years Ended December 30,
 
 
2018
 
2017
 
2016
(Gains) losses recognized in other comprehensive income
 
 
 
 
 
 
Interest rate swaps in interest income
 
$
18,776

 
$
11,150

 
$
(4,674
)
Interest rate swaps in interest expense
 
(20,500
)
 
(8,025
)
 
(1,068
)
Reclassification of (gains) losses included in net income
 
 
 
 
 
 
Interest rate swaps in interest income
 
$
2,611

 
$
5,159

 
$
7,641

Interest rate swaps in interest expense
 
(3,673
)
 
(3,951
)
 
(4,074
)
Offsetting Assets
The following table presents the fair value of the Company's derivatives and offsetting positions as of December 31, 2018 and 2017.
Fair Value of Offsetting Derivatives
(Dollar amounts in thousands)
 
As of December 31,
 
2018
 
2017
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts recognized
$
32,057

 
$
28,861

 
$
21,068

 
$
25,250

Less: amounts offset in the Consolidated Statements of
  Financial Condition

 

 

 

Net amount presented in the Consolidated Statements of
  Financial Condition(1)
32,057

 
28,861

 
21,068

 
25,250

Gross amounts not offset in the Consolidated Statements of
  Financial Condition:
 
 
 
 
 
 
 
Offsetting derivative positions
(11,678
)
 
(11,678
)
 
(16,880
)
 
(16,880
)
Cash collateral pledged
(9,060
)
 
(3,506
)
 

 
(8,370
)
Net credit exposure
$
11,319

 
$
13,677

 
$
4,188

 
$

(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, 2018 and 2017.
Fair Value of Offsetting Derivatives
(Dollar amounts in thousands)
 
As of December 31,
 
2018
 
2017
 
Assets
 
Liabilities
 
Assets
 
Liabilities
Gross amounts recognized
$
32,057

 
$
28,861

 
$
21,068

 
$
25,250

Less: amounts offset in the Consolidated Statements of
  Financial Condition

 

 

 

Net amount presented in the Consolidated Statements of
  Financial Condition(1)
32,057

 
28,861

 
21,068

 
25,250

Gross amounts not offset in the Consolidated Statements of
  Financial Condition:
 
 
 
 
 
 
 
Offsetting derivative positions
(11,678
)
 
(11,678
)
 
(16,880
)
 
(16,880
)
Cash collateral pledged
(9,060
)
 
(3,506
)
 

 
(8,370
)
Net credit exposure
$
11,319

 
$
13,677

 
$
4,188

 
$

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