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Interest Rate Swap Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of balance sheet category and fair values of the derivative instruments | The table below identifies the balance sheet category and fair values of the Company’s derivative instruments (all of which are designated as cash flow hedges) as of December 31, 2017 and December 31, 2016.
|  | Swap |  | Notional |  |  |  | Balance Sheet |  |  |  |  |  |  |
December 31, 2017 (dollars in thousands) |  | Number |  | Amount |  | Fair Value |  | Category |  | Receive Rate |  | Pay Rate |  | Maturity |
Interest rate swap |  | (1 | ) | $ | 75,000 |  | $ | 598 |  | Other Assets |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  | 1.71 | % | March 31, 2020 |
Interest rate swap |  | (2 | ) | 100,000 |  | 821 |  | Other Assets |  | Federal Funds Effective Rate +10 basis points |  | 1.74 | % | April 15, 2021 |
Interest rate swap |  | (3 | ) | 75,000 |  | 837 |  | Other Assets |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  | 1.92 | % | March 31, 2022 |
|  | Total |  | $ | 250,000 |  | $ | 2,256 |  |  |  |  |  |  |  |  |
|  | Swap |  | Notional |  |  |  | Balance Sheet |  |  |  |  |  |  |
December 31, 2016 (dollars in thousands) |  | Number |  | Amount |  | Fair Value |  | Category |  | Receive Rate |  | Pay Rate |  | Maturity |
Interest rate swap |  | (1 | ) | $ | 75,000 |  | $ | (197 | ) | Other Liabilities |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  | 1.71 | % | March 31, 2020 |
Interest rate swap |  | (2 | ) | 100,000 |  | (514 | ) | Other Liabilities |  | Federal Funds Effective Rate +10 basis points |  | 1.74 | % | April 15, 2021 |
Interest rate swap |  | (3 | ) | 75,000 |  | 19 |  | Other Assets |  | 1 month USD-LIBOR-BBA w/ -1 day lookback +10 basis points |  | 1.92 | % | March 31, 2022 |
|  | Total |  | $ | 250,000 |  | $ | (692 | ) |  |  |  |  |  |
Schedule of pretax net gains (losses) of derivative instruments | The table below presents the pre-tax net gains (losses) of the Company’s cash flow hedges for the years ended December 31, 2017 and December 31, 2016.
|  |  |  | Year Ended December 31, 2017 |
|  |  |  | Effective Portion |  | Ineffective Portion |
|  |  |  |  |  | Reclassified from AOCI |  | Recognized in Income |
|  |  |  | Amount of Pre-tax gain (loss) Recognized in OCI |  | into income |  | on Derivatives |
|  | Swap Number |  |  |  |  | Amount of Gain (Loss) |  |  |  | Amount of |
(dollars in thousands) |  |  |  | Category |  |  | Category |  | Gain (Loss) |
Interest rate swap |  | (1 | ) | $ | 394 |  | Interest Expense |  | $ | (400 | ) | Other Expense |  | $ | — |
Interest rate swap |  | (2 | ) | 701 |  | Interest Expense |  | (634 | ) | Other Expense |  | — |
Interest rate swap |  | (3 | ) | 260 |  | Interest Expense |  | (560 | ) | Other Expense |  | (1 | )
|  | Total |  | $ | 1,355 |  |  |  | $ | (1,594 | ) |  |  | $ | (1 | )
|  |  |  | Year Ended December 31, 2016 |
|  |  |  | Effective Portion |  | Ineffective Portion |
|  |  |  |  |  | Reclassified from AOCI |  | Recognized in Income on Derivatives |
|  |  |  | Amount of Pre-tax gain (loss) Recognized in OCI |  | into income |  |
|  | Swap Number |  |  |  |  | Amount of Gain (Loss) |  |  |  | Amount of |
(dollars in thousands) |  |  |  | Category |  |  | Category |  | Gain (Loss) |
Interest rate swap |  | (1 | ) | $ | (456 | ) | Interest Expense |  | $ | (628 | ) | Other Expense |  | $ | — |
Interest rate swap |  | (2 | ) | (730 | ) | Interest Expense |  | (880 | ) | Other Expense |  | — |
Interest rate swap |  | (3 | ) | (345 | ) | Interest Expense |  | (747 | ) | Other Expense |  | 1 |
|  | Total |  | $ | (1,531 | ) |  |  | $ | (2,255 | ) |  |  | $ | 1 |
Schedule of offsetting liabilities of derivatives | The following table presents the liabilities subject to an enforceable master netting arrangement as of December 31, 2017 and December 31, 2016. Year Ended December 31, 2017 Offsetting of Derivative Assets (dollars in thousands)
|  |  |  |  | Net Amounts of Assets |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Assets |  | Gross Amounts Offset in the Balance Sheet |  | presented in the Balance Sheet |  | Financial Instruments |  | Cash Collateral Posted |  | Net Amount |
Counterparty 1 |  | $ | 1,619 |  | $ | — |  | $ | 1,619 |  | $ | — |  | $ | — |  | $ | 1,619 |
Counterparty 2 |  | 582 |  | — |  | 582 |  | — |  | — |  | 582 |
|  | $ | 2,201 |  | $ | — |  | $ | 2,201 |  | $ | — |  | $ | — |  | $ | 2,201 |
Year Ended December 31, 2016 Offsetting of Derivative Liabilities (dollars in thousands)
|  |  |  |  | Net Amounts of |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset in the Balance Sheet |  | Liabilities presented in the Balance Sheet |  | Financial Instruments |  | Cash Collateral Posted |  | Net Amount |
Counterparty 1 |  | $ | 514 |  | $ | (19 | ) | $ | 495 |  | $ | — |  | $ | (380 | ) | $ | 115 |
Counterparty 2 |  | 197 |  | — |  | 197 |  | — |  | (170 | ) | 27 |
|  | $ | 711 |  | $ | (19 | ) | $ | 692 |  | $ | — |  | $ | (550 | ) | $ | 142 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579240-113959 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84234895&loc=d3e41620-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -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 + Details
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