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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Balances and Fair Value of Derivative Positions | The following table provides the outstanding notional balances and fair values of outstanding derivative positions at December 31, 2024 and 2023.
|  | December 31, 2024 |  |  | December 31, 2023 |
|  | Outstanding Notional Balance |  |  | Asset Derivative Fair Value |  |  | Liability Derivative Fair Value |  |  | Outstanding Notional Balance |  |  | Asset Derivative Fair Value |  |  | Liability Derivative Fair Value |
|  | (Dollars in thousands) |
Interest rate lock commitments |  | $ | 7,042 |  |  |  | 144 |  |  |  | 1 |  |  | $ | 7,113 |  |  | $ | 218 |  |  | $ | — |
Forward mortgage-backed securities trades |  |  | 18,500 |  |  |  | 75 |  |  |  | 37 |  |  |  | 14,250 |  |  |  | 1 |  |  |  | 161 |
Commercial loan interest rate swaps and caps: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan customer counterparty |  |  | 30,732 |  |  |  | — |  |  |  | 693 |  |  |  | 67,408 |  |  |  | — |  |  |  | 3,899 |
Financial institution counterparty |  |  | 30,732 |  |  |  | 686 |  |  |  | — |  |  |  | 67,408 |  |  |  | 3,876 |  |  |  | — |
Schedule of Weighted Average Received and Paid Interest Rates for Interest Rate Swaps Outstanding | The commercial loan customer counterparty weighted average received and paid interest rates for interest rate swaps outstanding at December 31, 2024 and 2023 are presented in the following table.
|  | Weighted-Average Interest Rate |
|  | December 31, 2024 |  |  | December 31, 2023 |
|  | Received |  |  | Paid |  |  | Received |  |  | Paid |
Loan customer counterparty |  |  | 5.03 | % |  |  | 6.77 | % |  |  | 3.07 | % |  |  | 6.81 | %
Schedule of Income (Loss) from Derivatives Not Designated as Hedging Instruments | Income for the years ended December 31, 2024, 2023 and 2022 was as follows:
|  | Year Ended December 31, |
Derivatives not designated as hedging instruments |  | 2024 |  |  | 2023 |  |  | 2022 |
Interest rate lock commitments |  | $ | (75 | ) |  | $ | 130 |  |  | $ | 88 |
Forward mortgage-backed securities trades |  |  | 589 |  |  |  | 368 |  |  |  | 740 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-1B Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-5 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
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