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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | Summary information about Park's interest rate swaps as of December 31, 2019 follows:
|  | December 31, 2019 |  |
(In thousands, except weighted average data) |  | Borrowing Derivatives |  | Loan Derivatives
Notional amounts |  | $ | 25,000 |  |  | $ | 35,503 |
Weighted average pay rates |  | 2.595 | % |  | 4.695 | %
Weighted average receive rates |  | 2.002 | % |  | 4.695 | %
Weighted average maturity (years) |  | 2.5 |  | 10.2
Unrealized losses |  | $ | 575 |  |  | $ | — |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table presents the net gains (losses), net of income taxes, recorded in AOCI and the consolidated statements of income related to interest rate swaps for the year ended December 31, 2019.
|  | Year ended December 31, 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 |  | $ | (454) |  | $ | — |  | $ | — |
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location | The following table reflects the interest rate swaps included in the Consolidated Balance Sheet as of December 31, 2019.
(In thousands) |  | December 31, 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 |  | 24,421 |  |  | 1,781 |
Matched interest rate swaps with counterparty |  | 11,083 |  |  | 89 |
Total included in other assets |  | $ | 35,504 |  |  | $ | 1,870 |
Included in other liabilities: |  |  |  |
Borrowing derivatives - interest rate swaps related to FHLB advances |  | $ | 25,000 |  |  | $ | (575) |
Loan derivatives - instruments associated with loans |  |  |  |
Matched interest rate swaps with borrower |  | 11,083 |  |  | (89) |
Matched interest rate swaps with counterparty |  | 24,421 |  |  | (1,781) |
Total included in other liabilities |  | $ | 60,504 |  |  | $ | (2,445) |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
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