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Derivative Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2021
Derivative Financial Instruments |
Schedule of notional amount and fair value of derivative financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2021
​ |  | Notional Amount |  | Fair Value
​ | ​ | (In thousands)
Interest Rate Swap Agreements |  | ​
Receive Fixed/Pay Variable Swaps | ​ | $ | 97,431 | ​ | $ | 7,809
Pay Fixed/Receive Variable Swaps | ​ |  | 97,431 | ​ |  | (7,809)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2020
​ |  | Notional Amount |  | Fair Value
​ | ​ | (In thousands)
Interest Rate Swap Agreements |  | ​
Receive Fixed/Pay Variable Swaps | ​ | $ | 97,658 | ​ | $ | 13,633
Pay Fixed/Receive Variable Swaps | ​ |  | 97,658 | ​ |  | (13,633)
At March 31, 2021 and December 31, 2020, the information pertaining to outstanding interest rate swap agreements used to hedge variability in cash flows (FHLB advance which is included in other borrowed funds on the consolidated balance sheet) and a portion of its wholesale deposits (which is included in total deposits on the consolidated balance sheet) is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Dollars in thousands) |  | March 31, 2021 |  | December 31, 2020 | ​
Notional amount | ​ | $ | 60,000 | ​ | $ | 60,000 | ​
Weighted average pay rate | ​ | ​ | 0.87 | % |  | 0.87 | %
Weighted average receive rate | ​ | ​ | 0.19 | % |  | 0.24 | %
Weighted average maturity in years | ​ | ​ | 1.85 years | ​ |  | 2.10 years | ​
Unrealized loss relating to interest rate swaps | ​ | $ | (556) | ​ | $ | (754) | ​
​

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + 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 + Details
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