Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Tables)

v3.10.0.1
DERIVATIVES (Tables)
 9 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of the Derivatives
The following table summarizes key elements of the Company’s derivative instruments as of September 30, 2018 and December 31, 2017, segregated by derivatives that are considered accounting hedges and those that are not (dollars in thousands):
 
 
September 30, 2018
 
December 31, 2017
 
 

Derivative (2)
 
 
Derivative (2)
 
Notional or
Contractual
Amount (1)
 
Assets
 
Liabilities
 
 
Notional or
Contractual
Amount (1)
 
Assets
 
Liabilities
 
Derivatives designated as accounting hedges:
 

 
 

 
 

 
 
 

 
 

 
 

 
Interest rate contracts:
 

 
 

 
 

 
 
 

 
 

 
 

 
Cash flow hedges
$
152,500

 
$
—

 
$
2,526

 
 
$
152,500

 
$
49

 
$
8,005

 
Fair value hedges
88,668

 
3,468

 
—

 
 
80,973

 
1,598

 
76

 
Derivatives not designated as accounting hedges:
 

 
 

 
 

 
 
 

 
 

 
 

 
Loan Swaps 
 

 
 

 
 

 
 
 

 
 

 
 

 
Pay fixed - receive floating interest rate swaps
766,506

 
22,824

 
1,119

 
 
529,736

 
—

 
1,350

 
Pay floating - receive fixed interest rate swaps
766,506

 
1,119

 
22,824

 
 
529,736

 
1,350

 
—

 
Other contracts:
 

 
 

 
 

 
 
 

 
 

 
 

 
Interest rate lock commitments
—

 
—

 
—

 
 
34,314

 
559

 
—

 
Best efforts forward delivery commitments
—

 
—

 
—

 
 
73,777

 
12

 
—

 
 
(1) Notional amounts are not recorded on the Company's Consolidated Balance Sheet and are generally used only as a basis on which interest and other payments are determined.
(2) Balances represent fair value of derivative financial instruments.