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DERIVATIVES (Tables) | 3 Months Ended
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Mar. 31, 2019
Schedule of Information about Derivatives | The following table presents information about the interest rate swaps designated as cash flow hedges as of March 31, 2019 and December 31, 2018:
(Dollars in thousands) |  | March 31, 2019 |  |  |  | December 31, 2018 |  |
Notional amount |  | $ | 230,000 |  |  |  | $ | 230,000 |  |
Weighted average pay rate |  |  | 2.04 |  | % |  |  | 2.04 |  | %
Weighted average receive rate |  |  | 2.54 |  | % |  |  | 2.33 |  | %
Weighted average maturity |  |  | 2.40 |  | years |  |  | 2.65 |  | years
Unrealized (loss)/gain, net |  | $ | (739 | ) |  |  | $ | 808 |  |
Number of contracts |  |  | 11 |  |  |  |  | 11 |  |
Schedule of Net Gains/(Losses) | The following table presents the net gain recorded in accumulated other comprehensive (loss)/income and the consolidated financial statements relating to the cash flow derivative instruments for the three months ended March 31, 2019 and March 31, 2018:
|  | For the Three Months Ended March 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Interest rate contracts |  |  |  |  |  |  |  |
Amount of gain/(loss) recognized in OCI |  | $ | (1,547 | ) |  | $ | 741 |
Amount of loss reclassified from OCI to interest expense |  |  | (31 | ) |  |  | (31 | )
Schedule of Notional Amount and Fair Value | The following tables reflect the cash flow hedges included in Other Assets and Other Liabilities in the financial statements as of March 31, 2019 and December 31, 2018:
|  | March 31, 2019 |
|  | Notional |  |  | Fair |
(In thousands) |  | Amount |  |  | Value |
Interest rate swaps related to interest-bearing deposits |  | $ | 230,000 |  |  | $ | (739 | )
Total included in other assets |  |  | 130,000 |  |  |  | 1,096 |
Total included in other liabilities |  |  | 100,000 |  |  |  | (1,835 | )
|  | December 31, 2018 |
|  | Notional |  |  | Fair |
(In thousands) |  | Amount |  |  | Value |
Interest rate swaps related to interest-bearing deposits |  | $ | 230,000 |  |  | $ | 808 |
Total included in other assets |  |  | 130,000 |  |  |  | 1,657 |
Total included in other liabilities |  |  | 100,000 |  |  |  | (849 | )
Not Designated as Hedging Instrument [Member] |
Schedule of Information about Derivatives | Information about these swaps is as follows:
(Dollars in thousands) |  | March 31, 2019 |  |  |  | December 31, 2018 |  |
Notional amount |  | $ | 567,842 |  |  |  | $ | 558,690 |  |
Fair value |  | $ | 16,515 |  |  |  | $ | 9,689 |  |
Weighted average pay rates |  |  | 4.44 |  | % |  |  | 4.44 |  | %
Weighted average receive rates |  |  | 4.37 |  | % |  |  | 4.24 |  | %
Weighted average maturity |  |  | 7.0 |  | years |  |  | 7.1 |  | years
Number of contracts |  |  | 69 |  |  |  |  | 67 |  |

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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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