Derivatives (Tables)

6 Months Ended

Jun. 30, 2021

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, 2021		December 31, 2020
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Credit value adjustment	$	(1,639)	$	(2,792)
Notional amount:
Interest rate derivatives	692,606		631,446
Interest rate caps	66,267		66,527
Interest rate collars	35,354		35,354
Risk participation agreements	227,943		220,280
Sold credit protection on risk participation agreements	(86,852)		(78,522)
Interest rate options	39,996		47,874
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	(2,360)		(3,665)
Notional amount	395,000		70,000
Interest rate forwards:
Fair value adjustment	(82)		(483)
Notional amount	41,000		65,000
Foreign exchange forwards:
Fair value adjustment	20		(5)
Notional amount	2,331		2,119

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,
	2021		2020		2021		2020
	(dollars in thousands)
Non-hedging interest rate derivatives
(Decrease) increase in other income	$	(27)	$	1,672	$	309	$	(753)
Hedging interest rate derivatives
Increase in interest from subordinated debentures	236		66		462		11
Hedging interest rate forwards
Increase (decrease) in other income	641		(248)		(401)		234
Hedging foreign exchange forwards
Increase in other expense	3		8		5		12