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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments
The following tables summarize the Company's derivative instruments included in other assets and other liabilities in the consolidated statements of financial condition:
March 31, 2021
Derivative AssetsDerivative Liabilities
NotionalFair ValueNotionalFair Value
(Dollars in thousands)
Derivative instruments not designated as hedging instruments:
Interest rate swaps contracts$143,577 $5,326 $143,577 $5,332 
Equity warrants— 1,911 — — 
Total derivative instruments$143,577 $7,237 $143,577 $5,332 
December 31, 2020
Derivative AssetsDerivative Liabilities
NotionalFair ValueNotionalFair Value
(Dollars in thousands)
Derivative instruments not designated as hedging instruments:
Interest rate swaps contracts$145,181 $12,053 $145,181 $12,066 
Equity warrants— 1,914 — — 
Total derivative instruments$145,181 $13,967 $145,181 $12,066 

The following table summarizes the effect of the derivative financial instruments in the consolidated statements of income.
Three Months Ended
Derivative Not Designated as Hedging Instruments:Location of Gain (Loss) Recognized in Income on Derivative InstrumentsMarch 31, 2021March 31, 2020
(Dollars in thousands)
Interest rate productsOther income$$— 
Other contractsOther income— 198 
Equity warrantsOther income(3)— 
Total$$198