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Balance Sheet Offsetting (Tables)
6 Months Ended
Jun. 30, 2018
Balance Sheet Offsetting [Abstract]  
Balance Sheet Offsetting
The following tables present the Corporation’s derivative asset and derivative liability positions and the effect of netting arrangements on the Unaudited Consolidated Balance Sheets:
(Dollars in thousands)
Gross Derivative Positions
 
Offsetting Derivative Positions
 
Net Amounts Presented in Balance Sheet
 
Cash Collateral Pledged
 
Net Amount
June 30, 2018
 
 
 
 
Derivative Assets:
 
 
 
 
 
 
 
 
 
Interest rate risk management contracts:
 
 
 
 
 
 
 
 
 
Interest rate caps

$71

 

$—

 

$71

 

$—

 

$71

Interest rate swaps
1,699

 

 
1,699

 

 
1,699

Interest rate floors
125

 

 
125

 

 
125

Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
109

 
49

 
60

 

 
60

Mirror swaps with counterparties
14,770

 
733

 
14,037

 

 
14,037

Total

$16,774

 

$782

 

$15,992

 

$—

 

$15,992

 
 
 
 
 
 
 
 
 
 
Derivative Liabilities:
 
 
 
 
 
 
 
 
 
Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers

$14,962

 

$733

 

$14,229

 

$—

 

$14,229

Mirror swaps with counterparties
109

 
49

 
60

 

 
60

Foreign exchange contracts
21

 

 
21

 

 
21

Total

$15,092

 

$782

 

$14,310

 

$—

 

$14,310


(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 swaps
213

 

 
213

 

 
213

Interest rate floors
110

 

 
110

 

 
110

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