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Derivatives (Tables)
 12 Months Ended
Dec. 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 adjustment recorded relative to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks at December 31:
20202019
 (dollars in thousands)
Derivatives not Designated as Hedging Instruments
Credit value adjustment$(2,792)$(272)
Notional Amount:
Interest rate derivatives631,446 587,275 
Interest rate caps66,527 87,188 
Interest rate collars35,354 35,354 
Risk participation agreements220,280 164,632 
Sold credit protection on risk participation agreements(78,522)(69,011)
Interest rate options47,874 25,460 
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment(3,665)801 
Notional Amount70,000 70,000 
Interest rate forwards:
Fair value adjustment(483)(63)
Notional Amount65,000 30,000 
Foreign exchange forwards:
Fair value adjustment(5)(41)
Notional Amount2,119 4,789 
Schedule of Change in Fair Value of Derivative Assets and Liabilities
The table below presents the amount representing the change in the fair value of derivative assets and derivative liabilities attributable to credit risk included in “Other income” on the Consolidated Statements of Income for the years ended December 31:
 202020192018
 (dollars in thousands)
Non-hedging interest rate derivatives:
(Decrease) increase in other income$(981)$(269)$787 
Decrease in other expense— (352)(332)
Hedging interest rate derivatives:
Decrease in interest and fees on loans— (118)(590)
Increase (decrease) in interest from subordinated debentures449 (159)— 
Increase in other expense— 7 10 
Hedging interest rate forwards:
Increase in other income420 106 — 
Decrease in other expense— — (189)
Hedging interest rate derivatives:
Increase in other expense18 5 15