Commitments (Tables)

3 Months Ended

Mar. 31, 2020

Commitments And Contingencies Disclosure [Abstract]

Summary of Contractual Commitments

The following table is a summary of such contractual commitments:

	(Amounts in thousands)
	March 31, 2020		December 31, 2019
Commitments to extend credit:
Fixed rate	$	38,072	$	19,755
Variable rate		77,901		75,147
Standby letters of credit		3,905		3,905

Summary of Overdraft Protection

The following table is a summary of overdraft protection for the periods indicated:

	(Amounts in thousands)
	March 31, 2020			December 31, 2019
Overdraft protection available on depositors' accounts	$	7,917		$	8,070
Balance of overdrafts included in loans		75			130
Average daily balance of overdrafts		162			112
Average daily balance of overdrafts as a percentage of available		2.05	%		1.39	%

Summary of Information Regarding Derivatives

Summary information regarding these derivatives is presented below:

	(Amounts in thousands)
	Notional Amount						Fair Value
	March 31, 2020		December 31, 2019		Interest Rate Paid	Interest Rate Received	March 31, 2020			December 31, 2019
Customer interest rate swap
Maturing in 2020	$	2,287	$	2,312	1 Mo. Libor + Margin	Fixed	$	22		$	4
Maturing in 2025		4,461		4,557	1 Mo. Libor + Margin	Fixed		331			134
Maturing in 2026		1,790		1,822	1 Mo. Libor + Margin	Fixed		115			19
Maturing in 2027		13,253		13,363	1 Mo. Libor + Margin	Fixed		1,553			636
Maturing in 2028		6,089		6,068	1 Mo. Libor + Margin	Fixed		1,020			548
Maturing in 2029		3,686		3,721	1 Mo. Libor + Margin	Fixed		294			(19	)
Maturing in 2030		4,633		3,649	1 Mo. Libor + Margin	Fixed		402			44
Maturing in 2032		2,634		—	1 Mo. Libor + Margin	Fixed		200			—
Maturing in 2033		1,114		1,121	1 Mo. Libor + Margin	Fixed		193			56
Total	$	39,947	$	36,613			$	4,130		$	1,422
Third party interest rate swap
Maturing in 2020	$	2,287	$	2,312	Fixed	1 Mo. Libor + Margin	$	(22	)	$	(4	)
Maturing in 2025		4,461		4,557	Fixed	1 Mo. Libor + Margin		(331	)		(134	)
Maturing in 2026		1,790		1,822	Fixed	1 Mo. Libor + Margin		(115	)		(19	)
Maturing in 2027		13,253		13,363	Fixed	1 Mo. Libor + Margin		(1,553	)		(636	)
Maturing in 2028		6,089		6,068	Fixed	1 Mo. Libor + Margin		(1,020	)		(548	)
Maturing in 2029		3,686		3,721	Fixed	1 Mo. Libor + Margin		(294	)		19
Maturing in 2030		4,633		3,649	Fixed	1 Mo. Libor + Margin		(402	)		(44	)
Maturing in 2032		2,634		—	Fixed	1 Mo. Libor + Margin		(200	)		—
Maturing in 2033		1,114		1,121	Fixed	1 Mo. Libor + Margin		(193	)		(56	)
Total	$	39,947	$	36,613			$	(4,130	)	$	(1,422	)

Schedule of Fair Values of Derivative Instruments

The following table presents the fair values of derivative instruments in the balance sheet:

	(Amounts in thousands)
	Assets			Liabilities
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
March 31, 2020
Interest rate derivatives	Other assets	$	4,130	Other liabilities	$	4,130
December 31, 2019
Interest rate derivatives	Other assets	$	1,422	Other liabilities	$	1,422