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Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of notional amount and fair value of interest rate swaps

		December 31, 2020								December 31, 2019
		Notional				Fair				Notional				Fair
($ in thousands)		Amount				Value				Amount				Value
Asset Derivatives
Derivatives not designated as hedging instruments
Interest rate swaps associated with loans		$	87,687			$	7,962			$	82,826			$	2,846
IRLCs			46,130				278				16,347				55
Total contracts		$	133,817			$	8,240			$	99,173			$	2,901
Liability Derivatives
Derivatives not designated as hedging instruments
Interest rate swaps associated with loans		$	87,687			$	(7,962	)		$	82,826			$	(2,846	)
Forward contracts			50,000				(265	)			22,000				(32	)
Total contracts		$	137,687			$	(8,227	)		$	104,826			$	(2,878	)

Schedule of consolidated statements of income for non-hedging derivative financial instruments

				Amount of gain (loss)
($ in thousands)		Statement of income classification		2020				2019
Interest rate swap contracts		Other income		$	355			$	513
Interest rate swap contracts		Other expense			-				(41	)
IRLCs		Gain on sale of mortgage loans & OMSR			223				(28	)
Forward contracts		Gain on sale of mortgage loans & OMSR			(233	)			81

Schedule of financial assets and derivative assets

		Gross				Gross amounts offset in the				Net amounts of assets presented in				Gross amounts not offset in the consolidated balance sheet
($ in thousands)		amounts of recognized assets				consolidated balance sheet				the consolidated balance sheet				Financial instruments				Cash collateral received				Net amount
December 31, 2020
Interest rate swaps		$	7,962			$	-			$	7,962			$	-			$	-			$	7,962
December 31, 2019
Interest rate swaps		$	2,901			$	55			$	2,846			$	-			$	-			$	2,846

Schedule of financial liabilities and derivative liabilities

		Gross				Gross amounts offset in the				Net amounts of liabilities presented in				Gross amounts not offset in the consolidated balance sheet
($ in thousands)		amounts of recognized liabilities				consolidated balance sheet				the consolidated balance sheet				Financial instruments				Cash collateral pledged				Net amount
December 31, 2020
Interest rate swaps		$	7,962			$	-			$	7,962			$	-			$	8,896			$	(934	)
December 31, 2019
Interest rate swaps		$	2,901			$	55			$	2,846			$	-			$	3,242			$	(396	)

X

- Definition

Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 3
-Paragraph i
-Subsection 10

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- Definition

Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

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Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
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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=121590274&loc=SL5624163-113959

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