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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments Classification on Balance Sheet
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of September 30, 2020. There were no such derivatives outstanding at December 31, 2019.
Derivative Liabilities
As of September 30, 2020
(Dollars in thousands)Notional
Amount
Balance
Sheet Location
Fair Value
Total
Derivatives designated as hedging instruments:
Interest rate swaps$200,000 Other Liabilities$16 
Schedule of Effect of Fair Value and Cash Flow Hedge on Accumulated Other Comprehensive Income, Net of Tax The table below presents the effect of fair value and cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax, as of September 30, 2020:
(Dollars in thousands)Amount of
Gain or (Loss)
Recognized
in OCI on
Derivative
Amount of
Gain or (Loss)
Recognized in
OCI Included
Component
Location of
Gain or (Loss)
Recognized from
AOCI into
Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Included
Component
Three Months Ended September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate swaps$257 $257 Interest Expense$(16)$(16)

(Dollars in thousands)Amount of
Gain or (Loss)
Recognized
in OCI on
Derivative
Amount of
Gain or (Loss)
Recognized in
OCI Included
Component
Location of
Gain or (Loss)
Recognized from
AOCI into
Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Amount of
Gain or (Loss)
Reclassified
from AOCI
into Income
Included
Component
Nine Months Ended September 30, 2020
Derivatives in cash flow hedging relationships:
Interest rate swaps$11 $11 Interest Expense$(16)$(16)