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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments Classification on Balance Sheet
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet:
Derivative Assets
As of September 30, 2021As of December 31, 2020
(Dollars in thousands)Notional
Amount
Balance
Sheet Location
Fair Value
Total
Notional
Amount
Balance
Sheet Location
Fair Value
Total
Derivatives designated as hedging instruments:
Interest rate swaps$200,000 Other Assets$3,948 $200,000 Other Assets$816 
Schedule of Effect of Fair Value and Cash Flow Hedge on Accumulated Other Comprehensive Income, Net of Tax
The table below presents the effect of fair value and cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax:
Amount of
Gain or (Loss)
Recognized
in OCI on
Derivative
Amount of
Gain or (Loss)
Recognized in
OCI Included
Component
Location of
Gain or (Loss)
Recognized from
AOCI into
Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Included
Component
(Dollars in thousands)
Three Months Ended September 30, 2021
Derivatives in cash flow hedging relationships:
Interest rate swaps$$Interest Expense$18 $18 
Three Months Ended September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate swaps$257 $257 Interest Expense$(16)$(16)
Nine Months Ended September 30, 2021
Derivatives in cash flow hedging relationships:
Interest rate swaps$2,386 $2,386 Interest Expense$70 $70 
Nine Months Ended September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate swaps$11 $11 Interest Expense$(16)$(16)