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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Outstanding Notional Balances and Fair Values of Outstanding Derivative Positions

The following tables provide the outstanding notional balances and fair values of outstanding derivative positions (dollars in thousands):

 

September 30, 2025:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair Value

 

 

Liability
Derivative
Fair Value

 

IRLCs

 

$

65,636

 

 

$

726

 

 

$

 

Forward mortgage-backed securities trades

 

 

100,000

 

 

 

 

 

 

214

 

 

September 30, 2024:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair Value

 

 

Liability
Derivative
Fair Value

 

IRLCs

 

$

50,053

 

 

$

499

 

 

$

 

Forward mortgage-backed securities trades

 

 

63,000

 

 

 

 

 

 

98

 

 

December 31, 2024:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair
Value

 

 

Liability
Derivative
Fair
Value

 

IRLCs

 

$

28,584

 

 

$

238

 

 

$

 

Forward mortgage-backed securities trades

 

 

38,500

 

 

 

84