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Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31, 2025 and December 31, 2024.

		March 31, 2025												December 31, 2024
		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		$	10,709			$	311			$	—			$	7,042			$	144			$	1
Forward mortgage-backed securities trades			21,750				10				72				18,500				75				37
Commercial loan interest rate swaps and caps:
Loan customer counterparty			46,469				—				822				30,732				—				693
Financial institution counterparty			46,469				816				—				30,732				686				—

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 March 31, 2025 and December 31, 2024 are presented in the following table.

		Weighted-Average Interest Rate
		March 31, 2025								December 31, 2024
		Received				Paid				Received				Paid
Loan customer counterparty			5.55	%			6.65	%			5.03	%			6.77	%

Schedule of Income (Loss) from Derivatives Not Designated as Hedging Instruments

Income (loss) for the three months ended March 31, 2025 and 2024 was as follows:

		Three Months Ended March 31,
Derivatives not designated as hedging instruments		2025				2024
		(Dollars in thousands)
Interest rate lock commitments		$	168			$	38
Forward mortgage-backed securities trades			(230	)			196

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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.

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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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.

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