Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivatives, Fair Value and Classification

The tables below presents a summary of the Company's derivative financial instruments, notional amounts and fair values for the periods presented:

	As of March 31, 2020
(Dollars in thousands)	Asset Notional Amount		Asset Derivatives(1)		Liability Notional Amount		Liability Derivatives(1)
Derivatives designated as hedging instruments
Interest-rate contracts - pay fixed, receive floating	$	—	$	—	$	75,000	$	2,869
Total cash flow hedge interest-rate swaps	$	—	$	—	$	75,000	$	2,869
Derivatives not subject to hedge accounting
Interest-rate contracts - pay floating, receive fixed	$	43,806	$	3,547	$	—	$	—
Interest-rate contracts - pay fixed, receive floating	—		—		43,806		3,547
Total back-to-back interest-rate swaps	$	43,806	$	3,547	$	43,806	$	3,547

	December 31, 2019
(Dollars in thousands)	Asset Notional Amount		Asset Derivatives(1)		Liability Notional Amount		Liability Derivatives(1)
Derivatives not subject to hedge accounting
Interest-rate contracts - pay floating, receive fixed	$	10,502	$	625	$	12,273	$	187
Interest-rate contracts - pay fixed, receive floating	—		—		22,775		438
Total back-to-back interest-rate swaps	$	10,502	$	625	$	35,048	$	625

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(1) Accrued interest balances related to the Company’s interest rate swaps are not included in the fair values above and are immaterial.

Schedule of Derivatives - Offsetting Assets and Liabilities

At March 31, 2020, all of the Back-to-Back swaps with the counterparty were in the same liability position, therefore there was no netting reflected in the Company’s Consolidated Balance Sheet. The table below presents at December 31, 2019, the Company's liability derivative positions and the potential effect of those netting arrangements on its financial position. As noted above, interest-rate swaps with customers are not subject to master netting agreements and therefore are not included in the table below.

	As of December 31, 2019
(Dollars in thousands)	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet
Liabilities Derivatives
Interest-rate contracts - pay fixed, receive floating	$	625	$	187	$	438