Financial Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The details of the interest rate swap agreements are as follows:

					March 31, 2022		December 31, 2021		March 31, 2021
Effective Date	Maturity Date	Variable Index Received	Fixed Rate Paid	Presentation on Consolidated Balance Sheet	Notional Amount	Fair Value	Notional Amount	Fair Value	Notional Amount	Fair Value
06/28/2016	06/28/2021	1-Month USD Libor	0.940%	Other Liabilities	$—	$—	$—	$—	$30,000,000	$(61,000)
06/27/2016	06/27/2021	1-Month USD Libor	0.893%	Other Liabilities	—	—	—	—	20,000,000	(38,000)
08/02/2019	08/02/2024	1-Month USD Libor	1.590%	Other Liabilities	—	—	—	—	12,500,000	(458,000)
08/05/2019	08/05/2024	1-Month USD Libor	1.420%	Other Liabilities	—	—	—	—	12,500,000	(387,000)
02/12/2020	02/12/2023	3-Month USD Libor	1.486%	Other Liabilities	—	—	—	—	25,000,000	(580,000)
02/12/2020	02/12/2024	3-Month USD Libor	1.477%	Other Liabilities	—	—	—	—	25,000,000	(735,000)
06/28/2021	06/28/2026	1-Month USD Libor	1.158%	Other Liabilities	—	—	—	—	50,000,000	(352,000)
03/13/2020	03/13/2025	3-Month USD Libor	0.855%	Other Liabilities	—	—	—	—	25,000,000	(99,000)
03/13/2020	03/13/2030	3-Month USD Libor	1.029%	Other Assets	—	—	—	—	20,000,000	1,071,000
04/07/2020	04/07/2023	3-Month USD Libor	0.599%	Other Liabilities	—	—	—	—	20,000,000	(129,000)
04/07/2020	04/07/2024	3-Month USD Libor	0.643%	Other Liabilities	—	—	—	—	20,000,000	(84,000)
					$—	$—	$—	$—	$260,000,000	$(1,852,000)

At March 31, 2022, there were six customer loan swap arrangements in place, detailed below:

		March 31, 2022					December 31, 2021					March 31, 2021
	Presentation on Consolidated Balance Sheet	Number of Positions	Notional Amount		Fair Value		Number of Positions	Notional Amount		Fair Value		Number of Positions	Notional Amount		Fair Value
Pay Fixed, Receive Variable	Other Assets	5	$	26,864,000	$	2,099,000	3	$	15,765,000	$	789,000	3	$	16,797,000	$	1,272,000
Pay Fixed, Receive Variable	Other Liabilities	1	12,310,000		(566,000)		3	24,604,000		(1,802,000)		3	25,059,000		(1,334,000)
		6	39,174,000		1,533,000		6	40,369,000		(1,013,000)		6	41,856,000		(62,000)
Receive Fixed, Pay Variable	Other Assets	1	12,310,000		566,000		3	24,604,000		1,802,000		3	25,059,000		1,334,000
Receive Fixed, Pay Variable	Other Liabilities	5	26,864,000		(2,099,000)		3	15,765,000		(789,000)		3	16,797,000		(1,272,000)
		6	39,174,000		(1,533,000)		6	40,369,000		1,013,000		6	41,856,000		62,000
Total		12	$	78,348,000	$	—	12	$	80,738,000	$	—	12	$	83,712,000	$	—