Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

A summary of our derivative financial instruments as of March 31, 2021 and December 31, 2020 follows:

	March 31, 2021
	Notional Amount		Derivative Fair Value				Net Ineffective
Dollars in thousands			Asset		Liability		Hedge Gains/(Losses)
CASH FLOW HEDGES
Pay-fixed/receive-variable interest rate swaps
Short term borrowings	$	80,000	$	—	$	921	$	—
Interest rate cap hedging:
Short term borrowings	$	100,000	$	11,071	$	—	$	—
Indexed interest bearing demand deposit accounts	100,000		2,852		—		—
FAIR VALUE HEDGES
Pay-fixed/receive-variable interest rate swaps
Commercial real estate loans	$	18,034	$	—	$	878	$	—

	December 31, 2020
	Notional Amount		Derivative Fair Value				Net Ineffective
Dollars in thousands			Asset		Liability		Hedge Gains/(Losses)
CASH FLOW HEDGES
Pay-fixed/receive-variable interest rate swaps
Short term borrowings	$	80,000	$	—	$	1,457	$	—
Interest rate cap hedging:
Short term borrowings	$	100,000	$	5,652	$	—	$	—
Indexed interest bearing demand deposit accounts	100,000		1,001		—		—
FAIR VALUE HEDGES
Pay-fixed/receive-variable interest rate swaps
Commercial real estate loans	$	18,192	$	—	$	1,290	$	—