Derivatives (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Credit Value Adjustment Recorded Related to Notional Amount Of Derivatives Outstanding

The following table depicts the credit value and fair value adjustments recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks:

	March 31, 2020		December 31, 2019
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Credit value adjustment	$	(2,013)	$	(272)
Notional amount:
Interest rate derivatives	602,069		587,275
Interest rate caps	102,611		87,188
Interest rate collars	35,354		35,354
Risk participation agreements	165,499		164,632
Sold credit protection on risk participation agreements	(78,862)		(69,011)
Interest rate options	41,423		25,460
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	(3,779)		801
Notional amount	70,000		70,000
Interest rate forwards:
Fair value adjustment	(544)		(63)
Notional amount	40,000		30,000
Foreign exchange forwards:
Fair value adjustment	37		(41)
Notional amount	4,670		4,789

Schedule of Changes in Fair Value of Derivative Assets and Liabilities

The table below presents the change in the fair value of derivative assets and derivative liabilities attributable to credit risk or fair value changes included in "Other income," 'Other expense," "Interest on subordinated debentures" or "Interest and fees on loans" in the unaudited Consolidated Statements of Income:

		For the Three Months Ended March 31,
		2020		2019
	(dollars in thousands)
Non-hedging interest rate derivatives
Decrease in other income		$	(811)	$	(470)
Increase in other expense		—		—
Hedging interest rate derivatives
Decrease in interest and fees on loans		—		(118)
Decrease in interest from subordinated debentures		(54)		—
Increase in other expense		—		7
Hedging interest rate forwards
Increase (decrease) in other income		481		(64)
Increase in other expense		—		—
Hedging foreign exchange forwards
Increase in other expense		5		2