Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivatives by Balance Sheet Location

The following table presents the fair values of derivative instruments in the Corporation’s Consolidated Balance Sheets:

(Dollars in thousands)	Asset Derivatives					Liability Derivatives
		Fair Value					Fair Value
December 31,	Balance Sheet Location	2017		2016		Balance Sheet Location	2017		2016
Derivatives Designated as Cash Flow Hedging Instruments:
Interest rate risk management contracts:
Interest rate swaps	Other assets		$213		$—	Other liabilities		$14		$378
Interest rate caps	Other assets	25		134		Other liabilities	—		—
Interest rate floors	Other assets	110		—		Other liabilities	—		—
Derivatives not Designated as Hedging Instruments:
Forward loan commitments:
Interest rate lock commitments	Other assets	965		1,133		Other liabilities	20		88
Commitments to sell mortgage loans	Other assets	26		279		Other liabilities	1,424		1,349
Loan related derivative contracts:
Interest rate swaps with customers	Other assets	268		2,036		Other liabilities	1,295		—
Mirror swaps with counterparties	Other assets	1,152		—		Other liabilities	268		2,228
Risk participation agreements	Other assets	—		—		Other liabilities	—		—
Foreign exchange contracts	Other assets	—		—		Other liabilities	26		—
Total			$2,759		$3,582			$3,047		$4,043

Derivative Instruments Effect in Statements of Income and Changes in Shareholders' Equity

The following tables present the effect of derivative instruments in the Corporation’s Consolidated Statements of Changes in Shareholders’ Equity and Consolidated Statements of Income:

(Dollars in thousands)	Gain (Loss) Recognized in Other Comprehensive Income, Net of Tax (Effective Portion)
Years ended December 31,	2017			2016			2015
Derivatives Designated as Cash Flow Hedging Instruments:
Interest rate risk management contracts:
Interest rate swaps		$358			($224	)		$288
Interest rate caps	(64		)	(33		)	(44		)
Interest rate floors	(346		)	—			—
Total		($52	)		($257	)		$244

(Dollars in thousands)		Amount of Gain (Loss) Recognized in Income on Derivatives
Years ended December 31,	Statement of Income Location	2017			2016			2015
Derivatives not Designated as Hedging Instruments:
Forward loan commitments:
Interest rate lock commitments	Mortgage banking revenues		($100	)		($175	)		$28
Commitments to sell mortgage loans	Mortgage banking revenues	(328		)	942			3
Loan related derivative contracts:
Interest rate swaps with customers	Loan related derivative income	2,243			(598		)	7,569
Mirror swaps with counterparties	Loan related derivative income	1,198			3,854			(4,904		)
Risk participation agreements	Loan related derivative income	(233		)	(13		)	(224		)
Foreign exchange contracts	Loan related derivative income	6			—			—
Total			$2,786			$4,010			$2,472