XML 67 R52.htm IDEA: XBRL DOCUMENT v3.19.1
Derivatives (Tables)
12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table presents the fair value of derivatives not designated as hedging instruments at December 31, 2018 and December 31, 2017:
(In Thousands)
Asset Derivatives


 
December 31, 2018

 
December 31, 2017

Balance Sheet Location

Fair Value


Fair Value


 


 

Interest rate swaps
Other assets
 

$246


 

$77

Interest rate lock commitments
Other assets
 
978

 
 
873

Total
 
 

$1,224

 
 

$950

(In Thousands)
Liability Derivatives


 
December 31, 2018

 
December 31, 2017

Balance Sheet Location

Fair Value


Fair Value


 


 

Interest rate swaps
Other liabilities
 

$246


 

$77

Retail interest rate contracts
Other liabilities
 
262

 
 

Total
 
 

$508

 
 

$77

Derivative Instruments, Gain (Loss)
The following table presents the income (losses) of derivatives not designated as hedging instruments at December 31, 2018 and December 31, 2017:
(In Thousands)
Income Statement Location
December 31, 2018
 
December 31, 2017
 
 
 
 
 
 
 
Interest rate contracts
Mortgage banking income
 

$257

 
 

($420
)
Interest rate lock commitments
Mortgage banking income
 
105

 
 
(229
)
Total
 
 

$362

 
 

($649
)
Offsetting Assets
The following table summarizes the derivatives that have a right of offset as of December 31, 2018 and 2017:
December 31, 2018
 
 
 
Gross amounts not offset in the Statement of Financial Position
 
(In Thousands)
Gross amounts of recognized assets and liabilities
Gross amounts offset in the Statement of Financial Position
Net amounts of assets and liabilities presented in the Statement of Financial Position
Financial Instruments
Collateral Posted
Net Amount
Asset Derivatives
 
 
 
 
 
 
Interest rate swaps
$246

$—

$246

$—


$—

$246
 
 
 
 
 
 
 
Liability Derivatives
 
 
 
 
 
 
Interest rate swaps
$246

$—

$246

$—

$246

$—

 
 
 
 
 
 
 
December 31, 2017
 
 
 
Gross amounts not offset in the Statement of Financial Position
 
(In Thousands)
Gross amounts of recognized assets and liabilities
Gross amounts offset in the Statement of Financial Position
Net amounts of assets and liabilities presented in the Statement of Financial Position
Financial Instruments
Collateral Posted
Net Amount
Asset Derivatives
 
 
 
 
 
 
Interest rate swaps
$77

$—

$77

$—


$—

$77
 
 
 
 
 
 
 
Liability Derivatives
 
 
 
 
 
 
Interest rate swaps
$77

$—

$77

$—


$77


$—

Offsetting Liabilities
The following table summarizes the derivatives that have a right of offset as of December 31, 2018 and 2017:
December 31, 2018
 
 
 
Gross amounts not offset in the Statement of Financial Position
 
(In Thousands)
Gross amounts of recognized assets and liabilities
Gross amounts offset in the Statement of Financial Position
Net amounts of assets and liabilities presented in the Statement of Financial Position
Financial Instruments
Collateral Posted
Net Amount
Asset Derivatives
 
 
 
 
 
 
Interest rate swaps
$246

$—

$246

$—


$—

$246
 
 
 
 
 
 
 
Liability Derivatives
 
 
 
 
 
 
Interest rate swaps
$246

$—

$246

$—

$246

$—

 
 
 
 
 
 
 
December 31, 2017
 
 
 
Gross amounts not offset in the Statement of Financial Position
 
(In Thousands)
Gross amounts of recognized assets and liabilities
Gross amounts offset in the Statement of Financial Position
Net amounts of assets and liabilities presented in the Statement of Financial Position
Financial Instruments
Collateral Posted
Net Amount
Asset Derivatives
 
 
 
 
 
 
Interest rate swaps
$77

$—

$77

$—


$—

$77
 
 
 
 
 
 
 
Liability Derivatives
 
 
 
 
 
 
Interest rate swaps
$77

$—

$77

$—


$77


$—