Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Identification of the balance sheet category and fair values of the derivative instruments designated as cash flow hedges

The table below identifies the balance sheet category and fair values of the Bank’s derivative instruments designated as cash flow hedges as of March 31, 2020 and December 31, 2019:

	Notional Amount		Fair Value			Balance Sheet Category	Maturity
	(Amounts in Thousands)
March 31, 2020
Interest rate swap	$	25,000	$	(357	)	Other Liabilities	11/9/2020
Interest rate swap	25,000		(3,090		)	Other Liabilities	11/7/2023
December 31, 2019
Interest rate swap	$	25,000	$	(279	)	Other Liabilities	11/9/2020
Interest rate swap	25,000		(2,070		)	Other Liabilities	11/7/2023

Identification of the gains and losses recognized on the derivative instruments designated as cash flow hedges

The table below identifies the gains and losses recognized on the Bank’s derivative instruments designated as cash flow hedges for the three months ended March 31, 2020 and year ended December 31, 2019:

	Recognized in OCI			Reclassified from AOCI into Income			Recognized in Income on Derivatives
	Amount of Gain (Loss)			Category	Amount of Gain (Loss)		Category	Amount of Gain (Loss)
	(Amounts in Thousands)
March 31, 2020
Interest rate swap	$	(58	)	Interest Expense	$	—	Other Income	$	—
Interest rate swap	(766		)	Interest Expense	—		Other Income	—
December 31, 2019
Interest rate swap	$	(119	)	Interest Expense	$	—	Other Income	$	—
Interest rate swap	(446		)	Interest Expense	—		Other Income	—