DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of information about derivative assets and liabilities

Information about derivative assets and liabilities at June 30, 2018 and December 31, 2017, was as follows:

	June 30, 2018
	Notional Amount		Weighted Average Maturity	Estimated Fair Value Asset (Liability)
	(in thousands)		(in years)	(in thousands)
Cash flow hedges:
Interest rate caps agreements	$	90,000	4.6	$	1,319
Total cash flow hedges	90,000			1,319
Economic hedges:
Forward sale commitments	5,625		0.2	(74		)
Total economic hedges	5,625			(74		)
Non-hedging derivatives:
Interest rate lock commitments	3,275		0.2	8
Customer loan derivative liability	34,255		15.2	(625		)
Customer loan derivative asset	34,255		15.2	625
Total non-hedging derivatives	71,785			8
Total	$	167,410		$	1,253

	December 31, 2017
	Notional Amount		Weighted Average Maturity	Estimated Fair Value Asset (Liability)
	(in thousands)		(in years)	(in thousands)
Cash flow hedges:
Interest rate caps agreements	$	90,000	5.1	$	669
Total cash flow hedges	90,000			669
Economic hedges:
Forward sale commitments	20,352		0.2	(221		)
Total economic hedges	20,352			(221		)
Non-hedging derivatives:
Interest rate lock commitments	19,853		0.2	(1		)
Total non-hedging derivatives	19,853			(1		)
Total	$	130,205		$	447

Information about derivative assets and liabilities for the three months endedJune 30, 2018 and 2017, was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2018			2017			2018			2017
Cash flow hedges:
Interest rate cap agreements
Realized (loss) gain in interest expense	$	(122	)	$	(55	)	$	(230	)	$	(94	)
Economic hedges:
Forward commitments
Realized (loss) gain in other non-interest income	(23		)	(9		)	147			(87		)
Non-hedging derivatives:
Interest rate lock commitments
Realized (loss) gain in other non-interest income	1			(26		)	9			(24		)