Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments

As of March 31, 2021 and December 31, 2020, the total notional amount of the Company’s swaps was $509.5 million, and $503.8 million, respectively. The location of the asset and liability, and their respective fair values, are summarized in the tables below.

	March 31, 2021
	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		$14,692		Other liabilities		$14,692
Total derivatives				$14,692				$14,692
	December 31, 2020
	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		$30,181		Other liabilities		$30,181
Total derivatives				$30,181				$30,181

Effect of Derivative Instruments on Consolidated Statement of Earnings

The following table summarizes the effect of derivative financial instruments on the condensed consolidated statements 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
			Three Months Ended March 31,
			2021		2020
			(Dollars in thousands)
Interest rate swaps		Other income	$	215	$	373
Total			$	215	$	373