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Derivatives (Tables)
9 Months Ended
Sep. 30, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Interest Rate Swap Transactions

The following table summarizes the Company’s interest rate swap positions as of September 30, 2021.

 

 

Classification on the Consolidated Balance Sheet

 

Notional

Amount

 

 

Fair Value

 

Derivative Assets

 

Swap assets

 

$

239,230

 

 

$

12,858

 

Derivative Liabilities

 

Swap liabilities

 

 

(239,230

)

 

 

(12,858

)

Net Exposure

 

 

 

$

 

 

$

 

The following table summarizes the Company’s interest rate swap positions as of December 31, 2020.

 

 

 

Classification on the Consolidated Balance Sheet

 

Notional

Amount

 

 

Fair Value

 

Derivative Assets

 

Swap assets

 

$

244,748

 

 

$

21,700

 

Derivative Liabilities

 

Swap liabilities

 

 

(244,748

)

 

 

(21,764

)

Net Exposure

 

 

 

$

 

 

$

(64

)