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Financial Derivative Instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | The details of the interest rate swap agreements are as follows:
|  |  |  |  | December 31, 2022 | December 31, 2021
Effective Date | Maturity Date | Variable Index Received | Fixed Rate Paid | Presentation on Consolidated Balance Sheet | Notional Amount | Fair Value | Notional Amount | Fair Value
4/27/2022 | 10/27/2023 | USD-SOFR-COMPOUND | 2.498% | Other Assets | $ | 10,000,000 |  | $ | 187,000 |  | $ | — |  | $ | — |
4/27/2022 | 1/27/2024 | USD-SOFR-COMPOUND | 2.576% | Other Assets | $ | 10,000,000 |  | $ | 233,000 |  | $ | — |  | $ | — |
4/27/2022 | 4/27/2024 | USD-SOFR-COMPOUND | 2.619% | Other Assets | $ | 10,000,000 |  | $ | 269,000 |  | $ | — |  | $ | — |
|  |  |  |  | $ | 30,000,000 |  | $ | 689,000 |  | $ | — |  | $ | — |
At December 31, 2022 there were six customer loan swap arrangements in place, detailed below:
|  | December 31, 2022 | December 31, 2021
| Presentation on Consolidated Balance Sheet | Number of Positions | Notional Amount | Fair Value | Number of Positions | Notional Amount | Fair Value
Pay Fixed, Receive Variable | Other Assets | 6 | $ | 37,411,000 |  | $ | 4,910,000 |  | 3 | $ | 15,765,000 |  | $ | 789,000 |
Pay Fixed, Receive Variable | Other Liabilities | — | — |  | — |  | 3 | 24,604,000 |  | (1,802,000) |
|  | 6 | 37,411,000 |  | 4,910,000 |  | 6 | 40,369,000 |  | (1,013,000) |
Receive Fixed, Pay Variable | Other Assets | — | — |  | — |  | 3 | 24,604,000 |  | 1,802,000 |
Receive Fixed, Pay Variable | Other Liabilities | 6 | 37,411,000 |  | (4,910,000) |  | 3 | 15,765,000 |  | (789,000) |
|  | 6 | 37,411,000 |  | (4,910,000) |  | 6 | 40,369,000 |  | 1,013,000 |
Total |  | 12 | $ | 74,822,000 |  | $ | — |  | 12 | $ | 80,738,000 |  | $ | — |

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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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959 + Details
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