Derivatives	12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company’s derivative financial instruments are used to provide to certain qualified commercial borrowers in loan related transactions and, therefore, are not used to manage interest rate risk. The Company executes interest rate swaps with qualified commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third-party, such that the Company minimizes its net risk exposure resulting from such transactions. The interest rate swap agreement which the Company executes with the commercial borrower is collateralized by the borrower’s commercial real estate financed by the Company. The collateral exceeds the maximum potential amount of future payments under the credit derivative. As these interest rate swaps do not meet the hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. During the fourth quarter of 2019, the Company entered into its first derivative transaction. At December 31, 2019, the Company had one interest rate swap with a notional amount of $12.0 million, and the fair value of the asset and liability derivative was $79,000. For the year ended December 31, 2019, the Company recorded fee income of approximately $147,000. At December 31, 2018, the Company did not have any derivative assets or liabilities and had not entered into any derivative transactions prior to then.

The Company’s derivative financial instruments are used to provide to certain qualified commercial borrowers in loan related transactions and, therefore, are not used to manage interest rate risk. The Company executes interest rate swaps with qualified commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third-party, such that the Company minimizes its net risk exposure resulting from such transactions. The interest rate swap agreement which the Company executes with the commercial borrower is collateralized by the borrower’s commercial real estate financed by the Company. The collateral exceeds the maximum potential amount of future payments under the credit derivative. As these interest rate swaps do not meet the hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. During the fourth quarter of 2019, the Company entered into its first derivative transaction. At December 31, 2019, the Company had one interest rate swap with a notional amount of $12.0 million, and the fair value of the asset and liability derivative was $79,000. For the year ended December 31, 2019, the Company recorded fee income of approximately $147,000. At December 31, 2018, the Company did not have any derivative assets or liabilities and had not entered into any derivative transactions prior to then.