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Balance Sheet Offsetting (Tables)
9 Months Ended
Sep. 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
September 30, 2018
 
 
 
 
Derivative Assets:
 
 
 
 
 
 
 
 
 
Interest rate risk management contracts:
 
 
 
 
 
 
 
 
 
Interest rate caps

$83

 

$—

 

$83

 

$—

 

$83

Interest rate swaps
1,947

 

 
1,947

 

 
1,947

Interest rate floors
14

 

 
14

 

 
14

Loan-related derivative contracts:
 
 
 
 
 
 
 
 
 
Interest rate swaps with customers
463

 
430

 
33

 

 
33

Mirror swaps with counterparties
17,784

 
442

 
17,342

 

 
17,342

Foreign exchange contracts
37

 

 
37

 

 
37

Total

$20,328

 

$872

 

$19,456

 

$—

 

$19,456

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

$17,952

 

$430

 

$17,522

 

$—

 

$17,522

Mirror swaps with counterparties
475

 
442

 
33

 

 
33

Total

$18,427

 

$872

 

$17,555

 

$—

 

$17,555


(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