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Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of notional amount and fair value of interest rate swaps

		September 30, 2021								December 31, 2020
($ in thousands)		Notional				Fair				Notional				Fair
		Amount				Value				Amount				Value
Asset Derivatives
Derivatives not designated as hedging instruments
Interest rate swaps associated with loans		$	89,557			$	4,910			$	87,687			$	7,962
IRLCs			-				-				46,130				278
Forward contracts			50,500				285				-				-
Total contracts		$	140,057			$	5,195			$	133,817			$	8,240
Liability Derivatives
Derivatives not designated as hedging instruments
Interest rate swaps associated with loans		$	89,557			$	(4,910	)		$	87,687			$	(7,962	)
Forward contracts			-				-				50,000				(265	)
IRLCs			43,734				(119	)			-				-
Total contracts		$	133,291			$	(5,029	)		$	137,687			$	(8,227	)

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

				Three Months Ended September 30,								Nine Months Ended  September 30,
($ in thousands)		Statement of income classification		2021				2020				2021				2020
Interest rate swap contracts		Other income		$	-			$	54			$	133			$	282
IRLCs		Gain on sale of mortgage loans & OMSR			(239	)			(102	)			(397	)			235
Forward contracts		Gain on sale of mortgage loans & OMSR			393				195				550				(165	)

Schedule of financial assets and derivative assets

		Gross amounts				Gross amounts  offset in the				Net amounts of assets presented in the				Gross amounts not offset in the consolidated balance sheet
($ in thousands)		of recognized assets				consolidated balance sheet				consolidated balance sheet				Financial instruments				Cash collateral received				Net amount
September 30, 2021
Interest rate swaps		$	4,910			$	-			$	4,910			$	-			$	-			$	4,910
December 31, 2020
Interest rate swaps		$	7,962			$	-			$	7,962			$	-			$	-			$	7,962

Schedule of financial liabilities and derivative liabilities

		Gross amounts				Gross amounts offset in the				Net amounts of liabilities presented in the				Gross amounts not offset in the consolidated balance sheet
($ in thousands)		of recognized liabilities				consolidated balance sheet				consolidated balance sheet				Financial instruments				Cash collateral pledged				Net amount
September 30, 2021
Interest rate swaps		$	4,910			$	-			$	4,910			$	-			$	6,896			$	(1,986	)
December 31, 2020
Interest rate swaps		$	7,962			$	-			$	7,962			$	-			$	8,896			$	(934	)

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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 4
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Tabular disclosure of derivative and other financial liabilities 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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312

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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=125515794&loc=SL5624163-113959

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