DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents information regarding our derivative financial instruments, at December 31:

2020	Number of Instruments	Notional Amount		Weighted Average Maturity (in years)	Weighted Average Interest Rate Received		Weighted Average Contract Pay Rate		Fair Value Other Assets/ (Other Liabilities)
Derivatives not designated as hedging instruments:
Interest rate swap agreements on loans with commercial loan customers	26	$	179,085	7.7	3.95	%	2.20	%	$	(15,024)
Interest rate swap agreements with third-party counter-parties	26	179,085		7.7	2.20	%	3.95	%	14,702
Risk participation agreements	4	18,840		2.8					(35)
Total	56	$	377,010						$	(357)

2019	Number of Instruments	Notional Amount		Weighted Average Maturity (in years)	Weighted Average Interest Rate Received		Weighted Average Contract Pay Rate		Fair Value Other Assets/ (Other Liabilities)
Derivatives not designated as hedging instruments:
Interest rate swap agreements on loans with commercial loan customers	15	$	113,204	7.9	4.44	%	4.03	%	$	(6,800)
Interest rate swap agreements with third-party counter-parties	15	113,204		7.9	4.03	%	4.44	%	6,466
Risk participation agreements	3	11,819		5.6					(31)
	33	$	238,227						$	(365)

2018	Number of Instruments	Notional Amount		Weighted Average Maturity (in years)	Weighted Average Interest Rate Received		Weighted Average Contract Pay Rate		Fair Value Other Assets/ (Other Liabilities)
Derivatives not designated as hedging instruments:
Interest rate swap agreements on loans with commercial loan customers	11	$	76,395	7.1	4.69	%	4.61	%	$	(3,255)
Interest rate swap agreements with third-party counter-parties	11	76,395		7.1	4.61	%	4.69	%	3,142
Risk participation agreements	6	20,142		15.0					(27)
	28	$	172,932						$	(140)

Schedule of Derivatives Not Designated as Hedging Instruments, Statements of Income

Amounts included in the Consolidated Statements of Income related to derivatives not designated as hedging were as follows:

	Years Ended December 31,
	2020		2019		2018
Derivatives not designated as hedging instruments:
Interest rate swap agreements with commercial loan customers:
Unrealized (loss) recognized in non-interest income	$	(8,224)	$	(3,544)	$	(2,281)
Interest rate swap agreements with third-party counter-parties:
Unrealized gain recognized in non-interest income	8,236		3,324		2,168
Risk participation agreements:
Unrealized gain (loss) recognized in non-interest income	(4)		(4)		48
Unrealized gain (loss) recognized in non-interest income	$	8	$	(224)	$	(65)