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Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Effects of Derivative Instruments on Consolidated Balance Sheets

The effects of derivative instruments on the consolidated financial statements as of September 30, 2018 and December 31, 2017 are as follows:

 

(In thousands)

 

September 30, 2018

Derivatives designated as hedging instruments

 

Notional/Contract Amount

 

 

Fair Value

 

 

Fair Value

Balance Sheet Location

 

Expiration Date

Interest rate swap - cash flow

 

$

4,000

 

 

$

(22

)

 

Other Liabilities

 

9/15/2020

Interest rate forward swap - cash flow

 

 

4,000

 

 

 

384

 

 

Other Assets

 

6/15/2031

Interest rate swap - fair value

 

 

1,133

 

 

 

65

 

 

Other Assets

 

4/9/2025

Interest rate swap - fair value

 

 

4,231

 

 

 

145

 

 

Other Assets

 

2/12/2022

(In thousands)

 

December 31, 2017

Derivatives designated as hedging instruments

 

Notional/Contract Amount

 

 

Fair Value

 

 

Fair Value

Balance Sheet Location

 

Expiration Date

Interest rate swap - cash flow

 

$

4,000

 

 

$

(119

)

 

Other Liabilities

 

9/15/2020

Interest rate forward swap - cash flow

 

 

4,000

 

 

 

164

 

 

Other Assets

 

6/15/2031

Interest rate swap - fair value

 

 

1,219

 

 

 

20

 

 

Other Assets

 

4/9/2025

Interest rate swap - fair value

 

 

4,475

 

 

 

49

 

 

Other Assets

 

2/12/2022