Derivatives (Tables)

9 Months Ended

Sep. 30, 2019

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 September 30, 2019 and December 31, 2018:

(In Thousands)	Asset Derivatives
		September 30, 2019		December 31, 2018
	Balance Sheet Location	Fair Value		Fair Value
Interest rate swaps	Other assets		$3,819		$246
Interest rate lock commitments	Other assets	1,363		978
Total			$5,182		$1,224

(In Thousands)	Liability Derivatives
		September 30, 2019		December 31, 2018
	Balance Sheet Location	Fair Value		Fair Value
Interest rate swaps	Other liabilities		$3,819		$246
Retail interest rate contracts	Other liabilities	100		262
Total			$3,919		$508

Derivative Instruments, Gain (Loss)

The following table presents the net gains (losses) of derivatives not designated as hedging instruments for the three and nine-month periods ending September 30, 2019 and 2018:

		Three Months Ended September 30,						Nine Months Ended September 30,
(In Thousands)	Income Statement Location	2019			2018			2019			2018
Retail interest rate contracts	Mortgage banking income		($242	)		$138			($934	)		$511
Interest rate lock commitments	Mortgage banking income	(692		)	(281		)	313			203
Total			($934	)		($143	)		($621	)		$714

Offsetting Assets

The following table summarizes the derivatives that have a right of offset as of September 30, 2019 and December 31, 2018:

September 30, 2019					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	$3,819		$—	$3,819		$—		$—		$3,819
Liability Derivatives
Interest rate swaps	$3,819		$—	$3,819		$—	$3,220			$599
Retail interest rate contracts	100	—		100	—		—		100
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			$—
Retail interest rate contracts	262	—		262	—		—		262

Offsetting Liabilities

The following table summarizes the derivatives that have a right of offset as of September 30, 2019 and December 31, 2018:

September 30, 2019					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	$3,819		$—	$3,819		$—		$—		$3,819
Liability Derivatives
Interest rate swaps	$3,819		$—	$3,819		$—	$3,220			$599
Retail interest rate contracts	100	—		100	—		—		100
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			$—
Retail interest rate contracts	262	—		262	—		—		262