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Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Financial Instruments and Classification on the Balance Sheet
The table below presents the fair value of the Corporation’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2020 and December 31, 2019.
 Asset DerivativesLiability Derivatives
 December 31, 2020December 31, 2019December 31, 2020December 31, 2019
 Balance Sheet LocationFair
Value		Balance Sheet LocationFair
Value		Balance Sheet LocationFair
Value		Balance Sheet LocationFair
Value
Derivatives designated as hedging instruments:        
Interest rate contractsOther Assets$— Other Assets$— Other Liabilities$2,018 Other Liabilities$1,444 
Derivatives not designated as hedging instruments:        
Interest rate contractsOther Assets$74,335 Other Assets$27,855 Other Liabilities$74,335 Other Liabilities$27,855 
Amount of Gain (Loss) Recognized in Other Comprehensive Income
The amount of gain (loss) recognized in other comprehensive income is included in the table below for the periods indicated.
Derivatives in Cash Flow Hedging RelationshipsAmount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative
(Effective Portion)
For the Year Ended December 31,
20202019
Interest rate products$(1,480)$(1,072)
Effect of Derivative Financial Instruments on the Income Statement
The tables below present the effect of the Corporation’s derivative financial instruments on the Income Statement for the years ended December 31, 2020, 2019 and 2018.
Derivatives Designated as Hedging
Instruments under
FASB ASC 815-10		Location of Loss Reclassified from Accumulated Other Comprehensive Income (Effective Portion)Amount of Loss Reclassified from Other Comprehensive Income into Income (Effective Portion)
202020192018
Interest rate contractsInterest expense$(906)$(334)$(470)