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Derivatives and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives, Fair Value and Classification
The table below presents the fair value and classification of the Company's derivative financial instruments for the periods presented:
 
 
As of June 30, 2019
 
As of December 31, 2018
(Dollars in thousands)
 
Asset Derivatives
 
Liability Derivatives
 
Asset Derivatives
 
Liability Derivatives
Interest-rate contracts - pay floating, receive fixed
 
$
559

 
$
207

 
$
45

 
$
723

Interest-rate contracts - pay fixed, receive floating
 

 
352

 
678

 

Total interest-rate swaps
 
$
559

 
$
559

 
$
723

 
$
723

Schedule of Derivatives - Offsetting Assets and Liabilities
The table below presents the Company's liability derivative position and the potential effect of the netting arrangement on its financial position, as of the period presented. As noted above, interest-rate swaps with customers are not subject to master netting agreements and therefore are not included in the table below.
 
 
As of June 30, 2019
(Dollars in thousands)
 
Gross Amounts of Recognized Liabilities
 
Gross Amounts Offset in the Statement of Financial Position
 
Net Amounts of Liabilities Presented in the Statement of Financial Position
Liabilities Derivatives
 
 
 
 
 
 
Interest-rate contracts - pay fixed, receive floating
 
$
559

 
$
207

 
$
352

The table below presents the Company's asset derivative position and the potential effect of the netting arrangement on its financial position, as of the period presented. As noted above, interest-rate swaps with customers are not subject to master netting agreements and therefore are not included in the table below.
 
 
As of December 31, 2018
(Dollars in thousands)
 
Gross Amounts of Recognized Assets
 
Gross Amounts Offset in the Statement of Financial Position
 
Net Amounts of Assets Presented in the Statement of Financial Position
Asset Derivatives
 
 
 
 
 
 
Interest-rate contracts - pay fixed, receive floating
 
$
723

 
$
45

 
$
678