Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The table below presents the fair value of derivative financial instruments as well as their location on the Consolidated Statements of Financial Condition as of December 31, 2020.


	Fair Values of Derivative Instruments

(Dollars in thousands)	Notional		Balance Sheet Location	Derivatives (Fair Value)



Derivatives not designated as hedging instruments:
Interest rate products	$	61,326	Other assets	$	5,369
Interest rate products	61,326		Other liabilities	(5,851)
Risk participation agreements	4,372		Other liabilities	(10)
Interest rate lock commitments with customers	244,037		Other assets	8,496
Interest rate lock commitments with customers	8,413		Other liabilities	(117)
Forward sale commitments	50,705		Other assets	583
Forward sale commitments	258,186		Other liabilities	(2,240)
Financial derivative related to sales of certain Visa Class B shares	113,177		Other liabilities	(24,039)
Total derivatives	$	801,542		$	(17,809)

The table below presents the fair value of derivative financial instruments as well as their location on the Consolidated Statements of Financial Condition as of December 31, 2019.


		Fair Values of Derivative Instruments

(Dollars in thousands)	Count	Notional		Balance Sheet Location	Derivatives (Fair Value)
Derivatives designated as hedging instruments:
Interest rate products	3	$	75,000	Other liabilities	$	(759)
Total		$	75,000		$	(759)
Derivatives not designated as hedging instruments:
Interest rate products		$	71,804	Other assets	$	2,520
Interest rate products		71,804		Other liabilities	(2,688)
Risk participation agreements		4,524		Other liabilities	(4)
Interest rate lock commitments with customers		99,057		Other assets	1,768
Interest rate lock commitments with customers		28,505		Other liabilities	(191)
Forward sale commitments		61,301		Other assets	596
Forward sale commitments		90,177		Other liabilities	(276)
Total		$	427,172		$	1,725
Total derivatives		$	502,172		$	966

Summary of Company's Derivative Financial Instruments

The table below presents the effect of the derivative financial instruments on the Consolidated Statements of Income for the years ended December 31, 2020, 2019 and 2018.


	Amount of (Loss) or Gain Recognized in OCI on Derivative (Effective Portion)						Location of (Loss) or Gain Reclassified from Accumulated OCI into Income (Effective Portion)
(Dollars in thousands)	Twelve Months Ended
Derivatives in Cash Flow Hedging Relationships	2020		2019		2018
Interest Rate Products	$	1,560	$	1,877	$	(56)	Interest income
Total	$	1,560	$	1,877	$	(56)

	Amount of (Loss) or Gain Recognized in Income						Location of (Loss) or Gain Recognized in Income
(Dollars in thousands)	Twelve Months Ended
Derivatives Not Designated as a Hedging Instrument	2020		2019		2018
Interest Rate Lock Commitments	$	6,490	$	1,399	$	(28)	Mortgage banking activities, net
Forward Sale Commitments	(12,226)		(1,359)		(336)		Mortgage banking activities, net
Total	$	(5,736)	$	40	$	(364)