Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES (Tables)

v3.20.2
DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2020
Derivatives [Abstract]  
Cash flow hedges included in the Consolidated Statement of Financial Condition

 

 

 

 

 

 

Weighted

Weighted

Weighted

 

 

 

 

 

Balance

Average

Average

Average

 

Notional

Fair

Sheet

Rate Received

Rate Paid

Maturity

(Dollars in Thousands)

Amount

Value

Location

(Floating)

(Fixed)

(Years)

Interest rate swaps related to subordinated debt

$

30,000

$

(108)

 

Other Liabilities

 

2.15%

 

2.50%

 

10.0

Net gains (losses) recorded in accumulated other comprehensive income

 

Amount of Gain

 

Amount of Gain

 

(Loss) Recognized

 

(Loss) Reclassified

(Dollars in Thousands)

in AOCI

Category

from AOCI to Income

Interest rate swaps related to subordinated debt

$

(108)

 

Interest Expense

$

(3)