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Derivative Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Fair Value Adjustment Recorded Related to Notional Amount of Derivatives Outstanding and Notional Amount of Risk Participation Agreements The following table depicts the fair value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements:


 
June 30,
   
December 31,
 
(In thousands)
 
2019
   
2018
 
Derivatives Not Designated as Hedging Instruments:
           
Fair value adjustment included in other assets and other liabilities
           
Interest rate derivatives
 
$
38,454
   
$
17,572
 
Notional amount:
               
Interest rate derivatives
   
757,614
     
653,369
 
Risk participation agreements
   
73,141
     
70,785
 
Derivatives Designated as Hedging Instruments:
               
Fair value adjustment included in other assets
               
Interest rate derivatives
   
521
     
2,428
 
Fair value adjustment included in other liabilities
               
Interest rate derivatives
   
18
     
-
 
Notional amount:
               
Interest rate derivatives
   
150,000
     
225,000
 

Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Effect of Derivatives on AOCI and on Consolidated Statement of Income
The following table indicates the effect of cash flow hedge accounting on AOCI and on the unaudited interim consolidated statement of income:


 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
(In thousands)
 
2019
   
2018
   
2019
   
2018
 
Derivatives Designated as Hedging Instruments:
                       
Interest rate derivatives - included component
                       
Amount of (loss) or gain recognized in OCI
 
$
(314
)
 
$
424
     
(484
)
 
$
1,472
 
Amount of (gain) reclassified from AOCI into interest expense
   
(738
)
   
(540
)
   
(1,537
)
   
(899
)

Not Designated as Hedging Instrument [Member]  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Effect of Derivatives on AOCI and on Consolidated Statement of Income The following table indicates the gain or loss recognized in income on derivatives not designated as a hedging relationship:


 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
(In thousands)
 
2019
   
2018
   
2019
   
2018
 
Derivatives Not Designated as Hedging Instruments:
                       
Increase in other income
 
$
19
   
$
320
   
$
106
   
$
123