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DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2020
Mortgage Banking [Member]  
Derivative [Line Items]  
Net Gains (Losses) Relating to Derivative Instruments
The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below as of December 31:


Location
 
2020
  
2019
 
Forward contracts related to mortgage loans held for sale
Net gain (loss) on sales of loans
 
$
(754
)
 
$
672
 
Interest rate lock commitments
Net gain (loss) on sales of loans
 
$
3,409
  
$
(249
)
Fair Value of Derivatives in Consolidated Balance Sheets
The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31:

  
2020
  
2019
 
  
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
  
210,716
   
5,115
   
52,875
   
814
 
Total included in other assets
 
$
210,716
  
$
5,115
  
$
52,875
  
$
814
 
                 
Included in other liabilities:
                
Forward contracts related to mortgage loans held for sale
 
$
203,669
  
$
1,787
  
$
58,948
  
$
141
 
Interest rate lock commitments
  
—
   
—
   
—
   
—
 
Total included in other liabilities
 
$
203,669
  
$
1,787
  
$
58,948
  
$
141
 
Fair Value Hedging [Member]  
Derivative [Line Items]  
Fair Value of Derivatives in Consolidated Balance Sheets
The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31:

 
2020
 
2019
 
 
Notional
Amount
 
Fair
Value
 
Notional
Amount
 
Fair
Value
 
Included in other liabilities:
            
Interest rate swaps related to fixed rate loans
 
$
10,178
  
$
927
  
$
10,557
  
$
351
 
Cash Flow Hedging [Member]  
Derivative [Line Items]  
Fair Value of Derivatives in Consolidated Balance Sheets
The following table reflects the cash flow hedges included in the consolidated balance sheets:

  
2020
  
2019
 
  
Notional
Amount
  
Fair
Value
  
Notional
Amount
  
Fair
Value
 
             
Included in other liabilities:
            
Cash flow swaps related to state and municipal securities
 
$
68,485
  
$
1,643
  
$
—
  
$
—
 
                 
Included in other assets:
                
Cash flow swaps related to state and municipal securities
 
$
55,275
  
$
1,618
  
$
—
  
$
—
 
Interest Rate Contracts [Member] | Fair Value Hedging [Member]  
Derivative [Line Items]  
Net Gains (Losses) Relating to Derivative Instruments
The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income as of December 31:

Interest Rate Contracts
 
Location
 
2020
  
2019
 
Change in fair value on interest rate swaps hedging fixed rate loans
 
Interest income
 
$
(576
)
 
$
(520
)
Change in fair value on fixed rate loans - hedged item
 
Interest income
 
$
580
  
$
511