9.	DERIVATIVES

The Company utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest-rate risk position. The notional amount of the interest rate swaps does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements.

The following table reflects the fair value hedges included in the consolidated balance sheets:

	June 30, 2019				December 31, 2018
	Notional Amount		Fair Value		Notional Amount		Fair Value

Included in other liabilities:
Interest rate swaps related to fixed rate loans	$	10,768	$	331	$	-	$	-

Included in other assets:
Interest rate swaps related to fixed rate loans	$	-	$	-	$	10,917	$	169

Mortgage banking derivatives

The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets:

	June 30, 2019				December 31, 2018
	Notional Amount		Fair Value		Notional Amount		Fair Value

Included in other assets:
Forward contracts related to mortgage loans held for sale	$	-	$	-	$	-	$	-
Interest rate lock commitments		73,812		1,537		46,891		1,063

Total included in other assets	$	73,812	$	1,537	$	46,891	$	1,063


Included in other liabilities:
Forward contracts related to mortgage loans held for sale	$	73,151	$	496	$	54,998	$	672
Interest rate lock commitments		-		-		-		-

Total included in other liabilities	$	73,151	$	496	$	54,998	$	672