DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2019

DERIVATIVES

Schedule of Fair Value of Derivatives

	December 31, 2019
							Counterparty
	Notional/				Balance	Counterparty	Maximum Length
	Contract		Fair		Sheet	Weighted Average	Derivative Contract
(Dollars in thousands)	Amount		Value		Location	Remaining Years	(years)
Derivatives designated as hedging instruments
Counterparty
PNC	$	12,500	$	62	Other Assets
PNC		66,000		(1,440)	Other Liabilities	4.3	7
US Bank		80,000		627	Other Assets
US Bank		170,000		(2,450)	Other Liabilities	3.1	4.75
Total	$	328,500	$	(3,202)		3.3

	December 31, 2018
							Counterparty
	Notional/				Balance	Counterparty	Maximum Length
	Contract		Fair		Sheet	Weighted Average	Derivative Contract
(Dollars in thousands)	Amount		Value		Location	Remaining Years	(years)
Derivatives designated as hedging instruments
Counterparty
PNC	$	38,500	$	2,114	Other Assets
PNC		40,000		(442)	Other Liabilities	5.3	8
US Bank		—		—	Other Assets
US Bank		35,000		(337)	Other Liabilities	3.2	2.75
Total		113,500		1,335		4.6

Schedule of Derivative Financial Instruments Designated as Cash Flow Hedges

	Year Ended December 31, 2019
	Amount of Gain
	Recognized in OCI		Location of Gain
	on		(Loss) Recognized in	Amount of Gain (Loss)
	Derivatives, net of		Income of	Recognized in  Income of
	Tax		Derivatives	Derivatives
(Dollars in thousands)	(Effective Portion)		(Ineffective Portion)	(Ineffective Portion)
Derivatives in cash flow hedges
Interest rate swaps by effective date:
PNC	$	(2,133)	Not applicable	$	—
US Bank		(1,039)	Not applicable		—
Total	$	(3,172)		$	—

	Year Ended December 31, 2018
	Amount of Gain
	Recognized in OCI		Location of Gain
	on		(Loss) Recognized in	Amount of Gain(Loss)
	Derivatives, net of		Income of	Recognized in Income of
	Tax		Derivatives	Derivatives
(Dollars in thousands)	(Effective Portion)		(Ineffective Portion)	(Ineffective Portion)
Derivatives in cash flow hedges
Interest rate swaps by effective date:
PNC	$	159	Not applicable	$	—
US Bank		(241)	Not applicable		—
Total	$	(82)		$	—

Offsetting Derivatives Liabilities

						Gross Amounts Not Offset
				Net			Cash
		Derivatives in	Derivatives in	Amounts		Financial	Collateral		Net
(Dollars in thousands)		Asset Position	Liability Position	Presented		Instruments	Pledged		Amount
December 31, 2019
Interest Rate Swaps (PNC)	$	61	(1,440)	$	(1,380)	—	$	(1,550)	$	170
Interest Rate Swaps (US Bank)		627	(2,450)		(1,823)	—		(2,050)		227
Total	$	688	(3,890)	$	(3,203)	—	$	(3,600)	$	397
December 31, 2018
Interest Rate Swaps (PNC)	$	2,114	(442)	$	1,672	—	$	2,200	$	(528)
Interest Rate Swaps (US Bank)		—	(337)		(337)	—		260		(597)
Total	$	2,114	(779)	$	1,335	—	$	2,460	$	(1,125)

Offsetting Derivative Assets

						Gross Amounts Not Offset
				Net			Cash
		Derivatives in	Derivatives in	Amounts		Financial	Collateral		Net
(Dollars in thousands)		Asset Position	Liability Position	Presented		Instruments	Pledged		Amount
December 31, 2019
Interest Rate Swaps (PNC)	$	61	(1,440)	$	(1,380)	—	$	(1,550)	$	170
Interest Rate Swaps (US Bank)		627	(2,450)		(1,823)	—		(2,050)		227
Total	$	688	(3,890)	$	(3,203)	—	$	(3,600)	$	397
December 31, 2018
Interest Rate Swaps (PNC)	$	2,114	(442)	$	1,672	—	$	2,200	$	(528)
Interest Rate Swaps (US Bank)		—	(337)		(337)	—		260		(597)
Total	$	2,114	(779)	$	1,335	—	$	2,460	$	(1,125)