Derivatives (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 2020		December 31, 2019
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Credit value adjustment	$	(2,235)	$	(272)
Notional amount:
Interest rate derivatives	613,696		587,275
Interest rate caps	75,898		87,188
Interest rate collars	35,354		35,354
Risk participation agreements	226,017		164,632
Sold credit protection on risk participation agreements	(78,764)		(69,011)
Interest rate options	44,941		25,460
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	(4,316)		801
Notional amount	70,000		70,000
Interest rate forwards:
Fair value adjustment	(297)		(63)
Notional amount	45,000		30,000
Foreign exchange forwards:
Fair value adjustment	—		(41)
Notional amount	2,121		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 June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
	(dollars in thousands)
Non-hedging interest rate derivatives
Increase (decrease) in other income	$	1,672	$	35	$	(753)	$	453
Increase in other expense	—		—		—		—
Hedging interest rate derivatives
Decrease in interest and fees on loans	—		—		—		(118)
Increase in interest from subordinated debentures	66		—		11		—
Increase in other expense	—		—		—		7
Hedging interest rate forwards
(Decrease) increase in other income	(248)		(15)		234		(79)
Increase in other expense	—		—		—		—
Hedging foreign exchange forwards
Increase (decrease) in other expense	8		(1)		12		1