Federal Home Loan Bank and Short-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Federal Home Loan Bank and Short-term Borrowings

Schedule of swaps designated as cash flow hedges

							At December 31,
							2019				2018
									Unrealized				Unrealized
	Notional		Pay		Receive		Assets/		Gain (Loss)		Assets/		Gain (Loss)
(dollars in thousands)	Amount		Rate		Rate	Term	Liabilities		AOCI		Liabilities		AOCI
Interest rate swap on FHLB advance	$	10,000	2.105	%	3M LIBOR	11/2017 - 10/2022	$	(129)	$	(94)	$	164	$	118
Interest rate swap on FHLB advance		5,000	2.235	%	3M LIBOR	7/2018 - 7/2023		(102)		(75)		66		48
Interest rate swap on FHLB advance		5,000	2.246	%	3M LIBOR	8/2018 - 8/2023		(105)		(77)		65		47
Total	$	20,000					$	(336)	$	(246)	$	295	$	213

Schedule of total interest expense recorded on swap transactions

		Years Ended December 31,
(dollars in thousands)	Bank Position	2019		2018
Interest rate swap on FHLB advance	Pay fixed/receive variable	$	28	$	15
Interest rate swap on FHLB advance	Pay fixed/receive variable		9		6
Interest rate swap on FHLB advance	Pay fixed/receive variable		11		4
Total		$	48	$	25