DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Information about Derivatives

Information about the interest rate swaps designated as cash flow hedges as of December 31, 2018 and 2017 is presented in the following table:

(Dollars in thousands)	2018			2017
Notional amount	$	230,000		$	180,000
Weighted average pay rate		2.04	%		1.64	%
Weighted average receive rate		2.33	%		1.33	%
Weighted average maturity	2.65 years			2.25 years
Unrealized gain/(loss), net	$	808		$	1,394
Number of contracts		11			9

Schedule of Net Gains/(Losses)

The following table presents the net gains/(losses) recorded in accumulated other comprehensive income and the consolidated financial statements relating to the cash flow derivative instruments for the year ended December 31:

2018
							Amount of
	Amount of			Amount of			Gain/(Loss)
	Gain/(Loss)			Gain/(Loss)			Recognized in
	Recognized			Reclassified			Other Non- Interest
	In OCI			From OCI to			Expense
(In thousands)	(Effective Portion)			Interest Expense			(Ineffective Portion)
Interest rate contracts	$	(328	)	$	(124	)	$	—

2017
					Amount of
	Amount of		Amount of		Gain/(Loss)
	Gain/(Loss)		Gain/(Loss)		Recognized in
	Recognized		Reclassified		Other Non- Interest
	In OCI		From OCI to		Expense
(In thousands)	(Effective Portion)		Interest Expense		(Ineffective Portion)
Interest rate contracts	$	2,138	$	—	$	—

Schedule of Notional Amount and Fair Value

The following tables reflect the cash flow hedges included in the financial statements as of December 31, 2018 and 2017:

	December 31, 2018
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing    demand brokered deposits	$	230,000	$	808
Total included in other assets		130,000		1,657
Total included in other liabilities		100,000		(849	)

	December 31, 2017
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing    demand brokered deposits	$	180,000	$	1,394

Not Designated as Hedging Instrument [Member]

Schedule of Information about Derivatives

Information about these swaps is as follows:

(Dollars in thousands)	December 31, 2018			December 31, 2017
Notional amount	$	558,690		$	317,363
Fair value	$	9,689		$	3,131
Weighted average pay rates		4.44	%		4.11	%
Weighted average receive rates		4.24	%		3.43	%
Weighted average maturity	7.1 years			7.6 years
Number of contracts		67			42