XML 59 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
At December 31, 2018 and 2017, the following interest rate swaps related to the Company’s loan hedging program were outstanding:
 
 
December 31, 2018
 
December 31, 2017
 
 
(Dollars in thousands)
Interest rate swaps on loans with correspondent banks
(included in other assets)
 
 
 
 
Notional amount
 
$
36,972

 
$
103,363

Weighted average remaining term (years)
 
6.4

 
8.2

Received fixed rate (weighted average)
 
5.12
%
 
4.57
%
Pay variable rate (weighted average)
 
4.56
%
 
3.63
%
Estimated fair value
 
$
868

 
$
834

 
 
 
 
 
Interest rate swaps on loans with correspondent banks
(included in other liabilities)
 
 
 
 
Notional amount
 
$
237,916

 
$
170,794

Weighted average remaining term (years)
 
6.8

 
6.7

Received variable rate (weighted average)
 
4.36
%
 
4.20
%
Pay fixed rate (weighted average)
 
4.69
%
 
3.80
%
Estimated fair value
 
$
6,191

 
$
3,672

 
 
 
 
 
Back to back interest rate swaps with loan customers
(included in other liabilities)
 
 
 
 
Notional amount
 
$
36,972

 
$
103,363

Weighted average remaining term (years)
 
6.4

 
8.2

Received fixed rate (weighted average)
 
4.56
%
 
3.63
%
Pay variable rate (weighted average)
 
5.12
%
 
4.57
%
Estimated fair value
 
$
868

 
$
834

 
 
 
 
 
Back to back interest rate swaps with loan customers
(included in other assets)
 
 
 
 
Notional amount
 
$
237,916

 
$
170,794

Weighted average remaining term (years)
 
6.8

 
6.7

Received variable rate (weighted average)
 
4.69
%
 
3.80
%
Pay fixed rate (weighted average)
 
4.36
%
 
4.20
%
Estimated fair value
 
$
6,191

 
$
3,672