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Derivatives (Tables)
6 Months Ended
Jun. 30, 2019
Derivative [Line Items]  
Schedule of Derivative Instruments [Table Text Block]
Summary information about the interest rate swaps designated as cash flow hedges as of June 30, 2019 follows:

 
 
June 30, 2019
(In thousands, except weighted average data)
 
Borrowing Derivatives
 
Loan Derivatives
Notional amounts
 
$
25,000

 
$
37,972

Weighted average pay rates
 
2.595
%
 
4.622
%
Weighted average receive rates
 
2.588
%
 
4.622
%
Weighted average maturity (years)
 
3.0

 
10.6

Unrealized losses
 
$
642

 
$


Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the net gains (losses), net of income taxes, recorded in accumulated other comprehensive loss and the consolidated condensed statements of income related to the cash flow derivative instruments for the three-month and six-month periods ended June 30, 2019.

 
 
Three Months Ended
June 30, 2019
(In thousands)
 
Amount of Gain (Loss) Recognized in OCI (Effective Portion)
Amount of Gain (Loss) Reclassified from OCI to Interest Income
Amount of Gain (Loss) Recognized in Other Non-interest Income (Ineffective Portion)
Interest rate contracts
 
$
(301
)
$

$



 
 
Six Months Ended
June 30, 2019
(In thousands)
 
Amount of Gain (Loss) Recognized in OCI (Effective Portion)
Amount of Gain (Loss) Reclassified from OCI to Interest Income
Amount of Gain (Loss) Recognized in Other Non-interest Income (Ineffective Portion)
Interest rate contracts
 
$
(507
)
$

$


Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table reflects the cash flow hedges included in the consolidated condensed balance sheets as of June 30, 2019.

(In thousands)
 
June 30, 2019
 
Notional Amount
 
Fair Value
Included in other assets:
 
 
 
 
Borrowing derivatives - interest rate swaps related to FHLB advances
 
$

 
$

Loan derivatives - instruments associated with loans
 
 
 
 
 Matched interest rate swaps with borrower
 
25,337

 
1,722

 Matched interest rate swaps with counterparty
 
12,635

 
167

   Total included in other assets
 
$
37,972

 
$
1,889

 
 
 
 
 
Included in other liabilities:
 
 
 
 
Borrowing derivatives - interest rate swaps related to FHLB advances
 
$
25,000

 
$
(642
)
Loan derivatives - instruments associated with loans
 
 
 
 
 Matched interest rate swaps with borrower
 
12,635

 
(167
)
 Matched interest rate swaps with counterparty
 
25,337

 
(1,722
)
    Total included in other liabilities
 
$
62,972

 
$
(2,531
)