Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of derivative financial instruments and their classification on Balance Sheet

The table below presents the fair value of the Corporation’s derivative financial instruments, as well as their classification on the Balance Sheet, as of June 30, 2019, and December 31, 2018.

Asset Derivatives

Liability Derivatives

June 30, 2019

December 31, 2018

June 30, 2019

December 31, 2018

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments:

Interest rate contracts

Other Assets

$

—

Other Assets

$

135

Other Liabilities

$

1,609

Other Liabilities

$

688

Derivatives not designated as hedging instruments:

Interest rate contracts

Other Assets

$

25,059

Other Assets

$

11,948

Other Liabilities

$

25,059

Other Liabilities

$

11,948

Amount of gain (loss) recognized in other comprehensive income

The amount of gain (loss) recognized in other comprehensive income is included in the table below for the periods indicated.

Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)
	Three Months Ended					Six Months Ended
	June 30, 2019			June 30, 2018		June 30, 2019			June 30, 2018
Interest Rate Products	$	(701	)	$	291	$	(1,092	)	$	799

Schedule of derivative instruments, gain (loss) in Income Statement

The amount of gain (loss) reclassified from other comprehensive income into income is included in the table below for the periods indicated.

Derivatives Designated as Hedging Instruments under FASB ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Reclassed from Other Comprehensive Income into Income (Effective Portion)
		Three Months Ended June 30, 2019			Three Months Ended June 30, 2018
Interest rate contracts	Interest Expense	$	(84	)	$	(105	)

Derivatives Designated as Hedging Instruments under FASB ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Reclassed from Other Comprehensive Income into Income (Effective Portion)
		Six Months Ended June 30, 2019			Six Months Ended June 30, 2018
Interest rate contracts	Interest Expense	$	(143	)	$	(275	)