DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Information about Interest Rate Swaps Designated as Cash Flow Hedges

Information about the interest rate swaps designated as cash flow hedges as of December 31, 2019 and 2018 is presented in the following table:

(Dollars in thousands)	2019			2018
Notional amount	$	245,000		$	230,000
Weighted average pay rate		2.05	%		2.04	%
Weighted average receive rate		1.83	%		2.33	%
Weighted average maturity	2.45 years			2.65 years
Unrealized (loss)/gain, net	$	(3,667	)	$	808
Number of contracts		12			11

Schedule of Net Gains/(Losses) Recorded in Accumulated Other Comprehensive Income

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:

2019
							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	$	(4,252	)	$	(223	)	$	—

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	)	$	—

Schedule of Cash Flow Hedges Included in Financial Statements

The following tables reflect the cash flow hedges included in the financial statements as of December 31, 2019 and 2018:

	December 31, 2019
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing    deposits	$	245,000	$	(3,667	)
Total included in other assets		70,000		121
Total included in other liabilities		175,000		(3,788	)

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

Not Designated as Hedging Instrument [Member]

Schedule of Information about Interest Rate Swaps Designated as Cash Flow Hedges

Information about these swaps is as follows:

(Dollars in thousands)	December 31, 2019			December 31, 2018
Notional amount	$	793,875		$	558,690
Fair value	$	32,381		$	9,689
Weighted average pay rates		4.12	%		4.44	%
Weighted average receive rates		3.54	%		4.24	%
Weighted average maturity	7.3 years			7.1 years
Number of contracts		91			67