Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative financial instruments

The following table provides details on the Company’s derivative financial instruments as of the dates presented:

		Fair Value
	Balance Sheet	December 31,
	Location	2017		2016
Derivative assets:
Not designated as hedging instruments:
Interest rate contracts	Other Assets	$	3,171	$	1,985
Interest rate lock commitments	Other Assets	2,756		2,643
Forward commitments	Other Assets	50		4,480
Totals		$	5,977	$	9,108
Derivative liabilities:
Designated as hedging instruments:
Interest rate swap	Other Liabilities	$	2,536	$	3,410
Totals		$	2,536	$	3,410
Not designated as hedging instruments:
Interest rate contracts	Other Liabilities	$	3,171	$	1,985
Interest rate lock commitments	Other Liabilities	4		246
Forward commitments	Other Liabilities	328		269
Totals		$	3,503	$	2,500

Gains (losses) on derivative financial instruments included in the Consolidated Statements of Income

Gains (losses) included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows, as of the dates presented:

	Year Ended December 31,
	2017			2016			2015
Derivatives not designated as hedging instruments:
Interest rate contracts:
Included in interest income on loans	$	3,981		$	2,402		$	2,200
Interest rate lock commitments:
Included in mortgage banking income	356			(2,111		)	(530		)
Forward commitments
Included in mortgage banking income	(4,489		)	4,275			(1,917		)
Total	$	(152	)	$	4,566		$	(247	)

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented:

	Offsetting Derivative Assets				Offsetting Derivative Liabilities
	December 31, 2017		December 31, 2016		December 31, 2017		December 31, 2016
Gross amounts recognized	$	717	$	4,778	$	5,303	$	4,893
Gross amounts offset in the consolidated balance sheets	—		—		—		—
Net amounts presented in the consolidated balance sheets	717		4,778		5,303		4,893
Gross amounts not offset in the consolidated balance sheets
Financial instruments	717		567		717		567
Financial collateral pledged	—		—		4,357		4,326
Net amounts	$	—	$	4,211	$	229	$	—