Derivative Hedging Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Interest Rate Swap Transactions

The following table summarizes the Company’s interest rate swap positions and the impact of a 1 basis point change in interest rates as of December 31, 2016.

	Notional Amount			Weighted Average Rate Received/ (Paid)			Impact of a 1 basis point change in interest rates			Repricing Frequency
Derivative Assets	$	52,975			5.07	%	$	30			Monthly
Derivative Liabilities		(52,975	)		-5.07	%		(30	)		Monthly
Net Exposure	$	—					$	—

The following table summarizes the Company’s interest rate swap positions and the impact of a 1 basis point change in interest rates as of December 31, 2015.

	Notional Amount			Weighted Average Rate Received/ (Paid)			Impact of a 1 basis point change in interest rates			Repricing Frequency
Derivative Assets	$	35,534			5.31	%	$	20			Monthly
Derivative Liabilities		(35,534	)		-5.31	%		(20	)		Monthly
Net Exposure	$	—					$	—