Derivative Financial Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

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(In thousands, except percentages and years)	March 31, 2020			December 31, 2019
Notional amount	$	100,000		$	60,000
Fair value	$	(1,173	)	$	238
Weighted average pay rate	1.19		%	1.42		%
Weighted average receive rate	1.51		%	2.19		%
Weighted average maturity in years	2.58			1.25
Number of contracts	6			4

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The following table presents the net losses recorded in other comprehensive income and the consolidated financial statements relating to the cash flow derivative instruments at March 31, 2020 and 2019, respectively:

	For the three months ended March 31,
(In thousands)	2020		2019
Unrealized losses relating to interest rate swaps	(1,410	)	(381	)