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Financial Derivative Instruments (Tables) | 3 Months Ended
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Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | At March 31, 2020 there were two customer loan swap arrangements in place, detailed below:
|  | March 31, 2020 | December 31, 2019 | March 31, 2019
| Presentation on Consolidated Balance Sheet | Number of Positions | Notional Amount | Fair Value | Number of Positions | Notional Amount | Fair Value | Number of Positions | Notional Amount | Fair Value
Pay Fixed, Receive Variable | Other Liabilities | 2 | $ | 16,394,000 |  | $ | (3,280,000 | ) | 2 | $ | 16,374,000 |  | $ | (1,205,000 | ) | — |  | $ | — |  | $ | — |
Receive Fixed, Pay Variable | Other Assets | 2 | 16,394,000 |  | 3,280,000 |  | 2 | 16,374,000 |  | 1,205,000 |  | — |  | — |  | — |
Total |  | 4 | $ | 32,588,000 |  | $ | — |  | 4 | $ | 32,748,000 |  | $ | — |  | — |  | $ | — |  | $ | — |
The details of the interest rate swap agreements are as follows:
|  |  |  |  | March 31, 2020 | December 31, 2019 | March 31, 2019
Effective Date | Maturity Date | Variable Index Received | Fixed Rate Paid | Presentation on Consolidated Balance Sheet | Notional Amount | Fair Value | Notional Amount | Fair Value | Notional Amount | Fair Value
06/05/2018 | 12/05/2019 | 1-Month USD LIBOR | 2.466 | % | Other Liabilities | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 25,000,000 |  | $ | (7,000 | )
06/27/2016 | 06/27/2021 | 1-Month USD LIBOR | 0.893 | % | Other (Liabilities) Assets | 20,000,000 |  | (151,000 | ) | 20,000,000 |  | 199,000 |  | 20,000,000 |  | 586,000 |
06/28/2016 | 06/28/2021 | 1-Month USD LIBOR | 0.940 | % | Other (Liabilities) Assets | 30,000,000 |  | (244,000 | ) | 30,000,000 |  | 278,000 |  | 30,000,000 |  | 847,000 |
06/05/2018 | 06/05/2020 | 1-Month USD LIBOR | 2.547 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (96,000 | ) | 25,000,000 |  | (57,000 | )
06/05/2018 | 12/05/2020 | 1-Month USD LIBOR | 2.603 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (234,000 | ) | 25,000,000 |  | (137,000 | )
12/05/2019 | 12/05/2022 | 3-Month USD LIBOR | 1.779 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (98,000 | ) | — |  | — |
08/02/2019 | 08/02/2024 | 1-Month USD LIBOR | 1.590 | % | Other Liabilities | 12,500,000 |  | (663,000 | ) | 12,500,000 |  | (11,000 | ) | — |  | — |
08/05/2019 | 08/05/2024 | 1-Month USD LIBOR | 1.420 | % | Other (Liabilities) Assets | 12,500,000 |  | (571,000 | ) | 12,500,000 |  | 85,000 |  | — |  | — |
02/12/2020 | 02/12/2023 | 3-Month USD LIBOR | 1.486 | % | Other Liabilities | 25,000,000 |  | (748,000 | ) | — |  | — |  | — |  | — |
02/12/2020 | 02/12/2024 | 3-Month USD LIBOR | 1.477 | % | Other Liabilities | 25,000,000 |  | (972,000 | ) | — |  | — |  | — |  | — |
06/28/2021 | 06/28/2026 | 1-Month USD LIBOR | 1.158 | % | Other Liabilities | 50,000,000 |  | (1,569,000 | ) | — |  | — |  | — |  | — |
03/13/2020 | 03/13/2025 | 3-Month USD LIBOR | 0.855 | % | Other Liabilities | 25,000,000 |  | (463,000 | ) | — |  | — |  | — |  | — |
03/13/2020 | 03/13/2030 | 3-Month USD LIBOR | 1.029 | % | Other Liabilities | 20,000,000 |  | (661,000 | ) | — |  | — |  | — |  | — |
|  |  |  |  | $ | 220,000,000 |  | $ | (6,042,000 | ) | $ | 150,000,000 |  | $ | 123,000 |  | $ | 125,000,000 |  | 1,232,000 |

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