Balance Sheet Offsetting |
The following tables present the Corporation’s derivative asset and derivative liability positions and the effect of netting arrangements on the Consolidated Balance Sheets: | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | Gross Derivative Positions | | Offsetting Derivative Positions | | Net Amounts Presented in Balance Sheet | | Cash Collateral Pledged | | Net Amount | December 31, 2017 | | | | | Derivative Assets: | | | | | | | | | | Interest rate risk management contracts: | | | | | | | | | | Interest rate caps |
| $25 |
| |
| $— |
| |
| $25 |
| |
| $— |
| |
| $25 |
| Interest rate floors | 110 |
| | — |
| | 110 |
| | — |
| | 110 |
| Interest rate swaps | 213 |
| | — |
| | 213 |
| | — |
| | 213 |
| Loan related derivative contracts: | | | | | | | | | | Interest rate swaps with customers | 2,857 |
| | 2,589 |
| | 268 |
| | — |
| | 268 |
| Mirror swaps with counterparties | 3,801 |
| | 2,649 |
| | 1,152 |
| | — |
| | 1,152 |
| Total |
| $7,006 |
| |
| $5,238 |
| |
| $1,768 |
| |
| $— |
| |
| $1,768 |
| | | | | | | | | | | Derivative Liabilities: | | | | | | | | | | Interest rate risk management contracts: | | | | | | | | | | Interest rate swaps |
| $14 |
| |
| $— |
| |
| $14 |
| |
| $14 |
| |
| $— |
| Loan related derivative contracts: | | | | | | | | | | Interest rate swaps with customers | 3,884 |
| | 2,589 |
| | 1,295 |
| | 1,025 |
| | 270 |
| Mirror swaps with counterparties | 2,917 |
| | 2,649 |
| | 268 |
| | — |
| | 268 |
| Foreign exchange contracts | 26 |
| | — |
| | 26 |
| | — |
| | 26 |
| Total |
| $6,841 |
| |
| $5,238 |
| |
| $1,603 |
| |
| $1,039 |
| |
| $564 |
|
| | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | Gross Derivative Positions | | Offsetting Derivative Positions | | Net Amounts Presented in Balance Sheet | | Cash Collateral Pledged | | Net Amount | December 31, 2016 | | | | | Derivative Assets: | | | | | | | | | | Interest rate risk management contracts: | | | | | | | | | | Interest rate caps |
| $134 |
| |
| $— |
| |
| $134 |
| |
| $— |
| |
| $134 |
| Loan related derivative contracts: | | | | | | | | | | Interest rate swaps with customers | 4,920 |
| | 2,884 |
| | 2,036 |
| | — |
| | 2,036 |
| Mirror swaps with counterparties | 2,758 |
| | 2,758 |
| | — |
| | — |
| | — |
| Total |
| $7,812 |
| |
| $5,642 |
| |
| $2,170 |
| |
| $— |
| |
| $2,170 |
| | | | | | | | | | | Derivative Liabilities: | | | | | | | | | | Loan related derivative contracts: | | | | | | | | | | Interest rate swaps with customers |
| $2,884 |
| |
| $2,884 |
| |
| $— |
| |
| $— |
| |
| $— |
| Mirror swaps with counterparties | 4,986 |
| | 2,758 |
| | 2,228 |
| | 1,295 |
| | 933 |
| Total |
| $8,248 |
| |
| $5,642 |
| |
| $2,606 |
| |
| $1,428 |
| |
| $1,178 |
|
|