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Derivative Instruments (Tables) | 9 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Financial Instruments | The following table provides a summary of the Company’s derivatives not designated as hedging instruments as of the dates presented:
| Balance Sheet |  | September 30, 2025 |  | December 31, 2024
| Location | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Derivative assets: |  |  |  |  |  |  |  |  |
Interest rate contracts | Other Assets |  | $ | 1,602,805 |  |  | $ | 30,131 |  |  | $ | 877,051 |  |  | $ | 14,071 |
Interest rate lock commitments | Other Assets |  | 126,983 |  |  | 1,722 |  |  | 64,365 |  |  | 861 |
Forward commitments | Other Assets |  | 106,000 |  |  | 330 |  |  | 174,000 |  |  | 1,242 |
Totals |  |  | $ | 1,835,788 |  |  | $ | 32,183 |  |  | $ | 1,115,416 |  |  | $ | 16,174 |
Derivative liabilities: |  |  |  |  |  |  |  |  |
Interest rate contracts | Other Liabilities |  | $ | 1,603,104 |  |  | $ | 30,178 |  |  | $ | 880,371 |  |  | $ | 14,094 |
Interest rate lock commitments | Other Liabilities |  | 13,528 |  |  | 39 |  |  | 1,829 |  |  | 122 |
Forward commitments | Other Liabilities |  | 189,000 |  |  | 1,304 |  |  | 52,000 |  |  | 86 |
Totals |  |  | $ | 1,805,632 |  |  | $ | 31,521 |  |  | $ | 934,200 |  |  | $ | 14,302 |
The following table provides a summary of the Company’s derivatives designated as cash flow hedges as of the dates presented:
| Balance Sheet |  | September 30, 2025 |  | December 31, 2024
| Location | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Derivative assets: |  |  |  |  |  |  |  |  |
Interest rate swaps | Other Assets |  | $ | 130,000 |  |  | $ | 17,043 |  |  | $ | 130,000 |  |  | $ | 22,780 |
Interest rate collars | Other Assets |  | 450,000 |  |  | 206 |  |  | — |  |  | — |
Total |  |  | $ | 580,000 |  |  | $ | 17,249 |  |  | $ | 130,000 |  |  | $ | 22,780 |
Derivative liabilities: |  |  |  |  |  |  |  |  |
Interest rate collars | Other Liabilities |  | $ | — |  |  | $ | — |  |  | $ | 450,000 |  |  | $ | 598 |
Totals |  |  | $ | — |  |  | $ | — |  |  | $ | 450,000 |  |  | $ | 598 |
The following table provides a summary of the Company's derivatives designated as fair value hedges as of the dates presented:
| Balance Sheet |  | September 30, 2025 |  | December 31, 2024
| Location | Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
Derivative liabilities: |  |  |  |  |  |  |  |  |
Interest rate swaps - subordinated notes | Other Liabilities |  | $ | 100,000 |  |  | $ | 12,597 |  |  | $ | 100,000 |  |  | $ | 17,369 |
Interest rate swaps - securities | Other Liabilities |  | $ | 22,410 |  |  | $ | 56 |  |  | $ | — |  |  | $ | — |
Totals |  |  | $ | 122,410 |  |  | $ | 12,653 |  |  | $ | 100,000 |  |  | $ | 17,369 |
Schedule of Gains (Losses) on Derivative Financial Instruments Included in the Consolidated Statements of Income | Gains and losses included in the Consolidated Statements of Income related to the Company’s derivative financial instruments were as follows as of the dates presented:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Interest rate contracts: |  |  |  |  |  |  |
Included in interest income on loans | $ | 8,784 |  |  | $ | 3,958 |  |  | $ | 17,765 |  |  | $ | 10,388 |
Interest rate lock commitments: |  |  |  |  |  |  |
Included in mortgage banking income | (1,029) |  |  | (261) |  |  | 944 |  |  | 127 |
Forward commitments |  |  |  |  |  |  |
Included in mortgage banking income | 2,423 |  |  | (1,167) |  |  | (2,129) |  |  | 1,184 |
Total | $ | 10,178 |  |  | $ | 2,530 |  |  | $ | 16,580 |  |  | $ | 11,699 |
The following table presents the effects of the Company’s fair value hedge relationships on the Consolidated Statements of Income for the periods presented:
|  |  | Amount of Gain (Loss) Recognized in Income
| Income Statement | Three Months Ended September 30, |  | Nine Months Ended September 30,
| Location | 2025 |  | 2024 |  | 2025 |  | 2024
Derivative liabilities: |  |  |  |  |  |  |  |  |
Interest rate swaps - subordinated notes | Interest Expense |  | $ | 842 |  |  | $ | 4,042 |  |  | $ | 4,771 |  |  | $ | 2,705 |
Interest rate swaps - securities | Interest Income |  | (56) |  |  | — |  |  | (56) |  |  | — |
Derivative liabilities - hedged items: |  |  |  |  |  |  |  |  |
Interest rate swaps - subordinated notes | Interest Expense |  | $ | (842) |  |  | $ | (4,042) |  |  | $ | (4,771) |  |  | $ | (2,705) |
Interest rate swaps - securities | Interest Income |  | 56 |  |  | — |  |  | 56 |  |  | — |
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location | The following table presents the amounts that were recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges as of the dates presented:
|  | Carrying Amount of the Hedged Item |  | Cumulative Amount of Fair Value Hedging Adjustments Included in the Carrying Amount of the Hedged Item
Balance Sheet Location | September 30, 2025 |  | December 31, 2024 |  | September 30, 2025 |  | December 31, 2024
Long-term debt |  | $ | 86,549 |  |  | $ | 81,648 |  |  | $ | 12,597 |  |  | $ | 17,369 |
Securities available for sale |  | 17,081 |  |  | — |  |  | 56 |  |  | — |
Schedule of Offsetting Assets | The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented:
| Offsetting Derivative Assets |  | Offsetting Derivative Liabilities
| September 30, 2025 |  | December 31, 2024 |  | September 30, 2025 |  | December 31, 2024
Gross amounts recognized | $ | 22,128 |  |  | $ | 34,505 |  |  | $ | 18,503 |  |  | $ | 28,550 |
Gross amounts offset in the Consolidated Balance Sheets | — |  |  | — |  |  | — |  |  | — |
Net amounts presented in the Consolidated Balance Sheets | 22,128 |  |  | 34,505 |  |  | 18,503 |  |  | 28,550 |
Gross amounts not offset in the Consolidated Balance Sheets |  |  |  |  |  |  |
Financial instruments - derivative assets available for offset | 17,530 |  |  | 27,939 |  |  | 17,530 |  |  | 27,939 |
Financial collateral (cash) pledged | — |  |  | — |  |  | 520 |  |  | 611 |
Net amounts | $ | 4,598 |  |  | $ | 6,566 |  |  | $ | 453 |  |  | $ | — |
Schedule of Offsetting Liabilities | The following table presents the Company’s gross derivative positions as recognized in the Consolidated Balance Sheets as well as the net derivative positions, including collateral pledged to the extent the application of such collateral did not reduce the net derivative liability position below zero, had the Company elected to offset those instruments subject to an enforceable master netting agreement as of the dates presented:
| Offsetting Derivative Assets |  | Offsetting Derivative Liabilities
| September 30, 2025 |  | December 31, 2024 |  | September 30, 2025 |  | December 31, 2024
Gross amounts recognized | $ | 22,128 |  |  | $ | 34,505 |  |  | $ | 18,503 |  |  | $ | 28,550 |
Gross amounts offset in the Consolidated Balance Sheets | — |  |  | — |  |  | — |  |  | — |
Net amounts presented in the Consolidated Balance Sheets | 22,128 |  |  | 34,505 |  |  | 18,503 |  |  | 28,550 |
Gross amounts not offset in the Consolidated Balance Sheets |  |  |  |  |  |  |
Financial instruments - derivative assets available for offset | 17,530 |  |  | 27,939 |  |  | 17,530 |  |  | 27,939 |
Financial collateral (cash) pledged | — |  |  | — |  |  | 520 |  |  | 611 |
Net amounts | $ | 4,598 |  |  | $ | 6,566 |  |  | $ | 453 |  |  | $ | — |

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