Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments

As of September 30, 2018 and December 31, 2017, the total notional amount of the Company’s swaps was $204.1 million, and $198.5 million, respectively. The location of the asset and liability, and their respective fair values are summarized in the tables below.

	September 30, 2018
	Asset Derivatives				Liability Derivatives
	Balance Sheet     Location		Fair     Value		Balance Sheet     Location		Fair     Value
	(Dollars in thousands)
Derivatives not designated as hedging instruments:
Interest rate swaps		Other assets	$	944		Other liabilities	$	944
Total derivatives			$	944			$	944
	December 31, 2017
	Asset Derivatives				Liability Derivatives
	Balance Sheet Location		Fair Value		Balance Sheet Location		Fair Value
	(Dollars in thousands)
Derivatives not designated as hedging instruments:
Interest rate swaps		Other assets	$	3,211		Other liabilities	$	3,211
Total derivatives			$	3,211			$	3,211

Effect of Derivative Instruments on Consolidated Statement of Earnings

The following table summarizes the effect of derivative financial instruments on the condensed consolidated statement of earnings for the periods presented.

Derivatives Not Designated as Hedging Instruments	Location of Gain Recognized in Income on Derivative Instruments		Amount of Gain Recognized in Income on Derivative Instruments
			For the Three Months Ended September 30,				For the Nine Months Ended September 30,
			2018		2017		2018		2017
			(Dollars in thousands)
Interest rate swaps		Other income	$	73	$	198	$	340	$	592
Total			$	73	$	198	$	340	$	592