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Financial Derivative Instruments (Tables) | 9 Months Ended
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Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | The details of the interest rate swap agreements are as follows:
|  |  |  |  | September 30, 2020 | December 31, 2019 | September 30, 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 |  | $ | (23,000) |
06/27/2016 | 06/27/2021 | 1-Month USD LIBOR | 0.893 | % | Other (Liabilities) Assets | 20,000,000 |  | (112,000) |  | 20,000,000 |  | 199,000 |  | 20,000,000 |  | 214,000 |
06/28/2016 | 06/28/2021 | 1-Month USD LIBOR | 0.940 | % | Other (Liabilities) Assets | 30,000,000 |  | (179,000) |  | 30,000,000 |  | 278,000 |  | 30,000,000 |  | 296,000 |
06/05/2018 | 06/05/2020 | 1-Month USD LIBOR | 2.547 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (96,000) |  | 25,000,000 |  | (140,000) |
06/05/2018 | 12/05/2020 | 1-Month USD LIBOR | 2.603 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (234,000) |  | 25,000,000 |  | (300,000) |
12/05/2019 | 12/05/2022 | 3-Month USD LIBOR | 1.779 | % | Other Liabilities | — |  | — |  | 25,000,000 |  | (98,000) |  | 25,000,000 |  | (217,000) |
08/02/2019 | 08/02/2024 | 1-Month USD LIBOR | 1.590 | % | Other Liabilities | 12,500,000 |  | (692,000) |  | 12,500,000 |  | (11,000) |  | 12,500,000 |  | (133,000) |
08/05/2019 | 08/05/2024 | 1-Month USD LIBOR | 1.420 | % | Other (Liabilities) Assets | 12,500,000 |  | (611,000) |  | 12,500,000 |  | 85,000 |  | 12,500,000 |  | (32,000) |
02/12/2020 | 02/12/2023 | 3-Month USD LIBOR | 1.486 | % | Other Liabilities | 25,000,000 |  | (762,000) |  | — |  | — |  | — |  | — |
02/12/2020 | 02/12/2024 | 3-Month USD LIBOR | 1.477 | % | Other Liabilities | 25,000,000 |  | (1,044,000) |  | — |  | — |  | — |  | — |
06/28/2021 | 06/28/2026 | 1-Month USD LIBOR | 1.158 | % | Other Liabilities | 50,000,000 |  | (2,162,000) |  | — |  | — |  | — |  | — |
03/13/2020 | 03/13/2025 | 3-Month USD LIBOR | 0.855 | % | Other Liabilities | 25,000,000 |  | (621,000) |  | — |  | — |  | — |  | — |
03/13/2020 | 03/13/2030 | 3-Month USD LIBOR | 1.029 | % | Other Liabilities | 20,000,000 |  | (690,000) |  | — |  | — |  | — |  | — |
04/07/2020 | 04/07/2023 | 3-Month USD Libor | 0.599 | % | Other Liabilities | 20,000,000 |  | (194,000) |  | — |  | — |  | — |  | — |
04/07/2020 | 04/07/2024 | 3-Month USD Libor | 0.643 | % | Other Liabilities | 20,000,000 |  | (275,000) |  | — |  | — |  | — |  | — |
|  |  |  |  | $ | 260,000,000 |  | $ | (7,342,000) |  | $ | 150,000,000 |  | $ | 123,000 |  | $ | 175,000,000 |  | $ | (335,000) |
At September 30, 2020, there were four customer loan swap arrangements in place, detailed below:
|  | September 30, 2020 | December 31, 2019 | September 30, 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 | 4 | $ | 28,541,000 |  | $ | (3,311,000) |  | 2 | $ | 16,374,000 |  | $ | (1,205,000) |  | 1 |  | $ | 12,914,000 |  | $ | (1,643,000) |
Receive Fixed, Pay Variable | Other Assets | 4 | 28,541,000 |  | 3,311,000 |  | 2 | 16,374,000 |  | 1,205,000 |  | 1 |  | 12,914,000 |  | 1,643,000 |
Total |  | 8 | $ | 57,082,000 |  | $ | — |  | 4 | $ | 32,748,000 |  | $ | — |  | 2 |  | $ | 25,828,000 |  | $ | — |

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