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Derivatives (Tables) | 9 Months Ended
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Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block] | The following table presents the net losses recorded in other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the following periods:
|  | Three Months Ended September 30, 2021
|  | Amount of (loss) |  | Amount of loss |  | Amount of gain
|  | gain recognized |  | (gain) reclassified |  | recognized in other
|  | in OCI (Effective |  | from OCI to |  | Noninterest income
|  | Portion) |  | interest income |  | (Ineffective Portion)
|  | (dollars in thousands)
Interest rate contracts |  | $ | 1,890 |  |  | $ | 328 |  |  | $ | -
|  | Three Months Ended September 30, 2020
|  | Amount of (loss) |  | Amount of loss |  | Amount of gain
|  | gain recognized |  | (gain) reclassified |  | recognized in other
|  | in OCI (Effective |  | from OCI to |  | Noninterest income
|  | Portion) |  | interest income |  | (Ineffective Portion)
|  | (dollars in thousands)
Interest rate contracts |  | $ | (82 | ) |  | $ | 631 |  |  | $ | -
19 Table of Contents
CONNECTONE BANCORP, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(unaudited)
Note 4. Derivatives – (continued)
|  | Nine Months Ended September 30, 2021
|  | Amount of (loss) |  | Amount of loss |  | Amount of gain
|  | gain recognized |  | (gain) reclassified |  | recognized in other
|  | in OCI (Effective |  | from OCI to |  | Noninterest income
|  | Portion) |  | interest income |  | (Ineffective Portion)
|  | (dollars in thousands)
Interest rate contracts |  | $ | 1,872 |  |  | $ | 1,543 |  |  | $ | -
|  | Nine Months Ended September 30, 2020
|  | Amount of (loss) |  | Amount of loss |  | Amount of gain
|  | gain recognized |  | (gain) reclassified |  | recognized in other
|  | in OCI (Effective |  | from OCI to |  | Noninterest income
|  | Portion) |  | interest income |  | (Ineffective Portion)
|  | (dollars in thousands)
Interest rate contracts |  | $ | (3,397 | ) |  | $ | 942 |  |  | $ | -
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 statements of condition as of September 30, 2021 and December 31, 2020:
|  | September 30, 2021 |  | December 31, 2020 |
|  | Notional |  |  |  | Notional |  |  |
|  | Amount |  | Fair Value |  | Amount |  | Fair Value |
|  | (dollars in thousands) |
Interest rate swaps related to FHLB advances included in liabilities |  | $ | 275,000 |  | $ | 1,295 |  | $ | 175,000 |  | $ | (2,119 | )

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- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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