Annual report pursuant to Section 13 and 15(d)

Derivatives (Tables)

v3.8.0.1
Derivatives (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments classified as derivative assets
At December 31, 2017, the Company had designated derivative instruments classified as derivative assets as reported in other assets of $1.9 million and derivative liabilities as reported in other liabilities of $8.6 million in the Company’s balance sheet. At December 31, 2017 the Company had the following derivative instruments (in thousands, other than quantity and interest rates):
Type
 
Quantity
 
Effective Dates
 
Maturity Dates
 
Hedge
Interest
Rates
 
Notional
Amount
 
Adjusted
Fair
Market
Value
Interest rate swaps
 
2

 
4/29/2016 - 12/30/2016
 
8/31/2022 - 9/30/2022
 
1.27%- 2.37%
 
$
27,954

 
$
333

Interest rate swaps
 
10

 
7/31/2017 - 1/31/2019
 
4/30/2024 - 10/31/2024
 
2.16%- 2.69%
 
$
311,825

 
$
(1,368
)
Interest rate swaps
 
4

 
4/30/2015
 
10/31/2028
 
 2.17%-2.18%
 
$
124,776

 
$
1,184

Interest rate swap
 
1

 
9/20/2020
 
6/20/2030
 
2.57%
 
$
67,013

 
$
(534
)
Interest rate swap
 
1

 
9/30/2022
 
9/30/2031
 
3.23%
 
$
9,905

 
$
(276
)
Interest rate swap
 
1

 
9/20/2020
 
4/20/2032
 
2.60%
 
$
33,409

 
$
(346
)
Interest rate swaps
 
5

 
1/31/2019 - 10/31/2024
 
7/31/2034
 
2.48% - 3.04%
 
$
144,379

 
$
(1,465
)
Interest rate swaps
 
5

 
7/31/2017 - 4/30/2024
 
7/31/2035
 
2.56% - 2.95%
 
$
143,490

 
$
(1,848
)
Interest rate swaps
 
5

 
1/31/2018 - 10/18/2024
 
10/31/2036
 
2.62% - 2.95%
 
$
182,267

 
$
(2,331
)