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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Location and Fair Value of the Company's Derivative Financial Instruments
Information about the balance sheet location and fair value of the Corporation’s derivative instruments is below:

 
 
Interest Rate Swap Contracts
 
 
Asset Derivatives
 
Liability Derivatives
 
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
 
 
(In Thousands)
Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
December 31, 2019
 
Accrued interest receivable and other assets
 
$
18,346

 
Accrued interest payable and other liabilities
 
$
18,346

December 31, 2018
 
Accrued interest receivable and other assets
 
$
4,637

 
Accrued interest payable and other liabilities
 
$
4,637

Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
December 31, 2019
 
Accumulated other comprehensive income (1)
 
$
2,539

 
Accrued interest payable and other liabilities
 
$
2,539

December 31, 2018
 
Accumulated other comprehensive income (1)
 
$
142

 
Accrued interest payable and other liabilities
 
$
142