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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Derivative Instruments

The location of the asset and liability, and their respective fair values, are summarized in the tables below.

		June 30, 2023
		Asset Derivatives						Liability Derivatives
		Balance Sheet Location		Fair Value				Balance Sheet Location		Fair Value
		(Dollars in thousands)
Derivatives not designated as hedging instruments:
Interest rate swaps		Other assets		$	71			Other liabilities		$	71
Total				$	71					$	71
Derivatives designated as hedging instruments:
Interest rate swaps		Other assets		$	11,129			Other liabilities		$	—
Total				$	11,129					$	—

December 31, 2022

Asset Derivatives

Liability Derivatives

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

(Dollars in thousands)

Derivatives not designated as hedging instruments:

Interest rate swaps

Other assets

$

82

Other liabilities

$

82

Total derivatives

$

82

$

82

Effect of Derivative Instruments on Consolidated Statement of Earnings

The following table summarizes the effect of derivative financial instruments on the condensed consolidated statements of earnings for the periods presented.

		Location of Gain Recognized in Income on Derivative Instruments		Amount of Gain Recognized in Income on Derivative Instruments
				Three Months Ended June 30,								Six Months Ended June 30,
				2023				2022				2023				2022
Derivatives Not Designated as Hedging Instruments:				(Dollars in thousands)
Interest rate swaps		Other income		$	—			$	—			$	—			$	—
Total				$	—			$	—			$	—			$	—

		Location of Gain Recognized in Income on Derivative Instruments		Amount of Gains (Losses) Recognized in Interest Income on Derivative Instruments																OCI Impact on Derivatives-Gains (Losses) recorded in OCI
				Three Months Ended June 30,								Six Months Ended June 30,								Three Months Ended June 30,								Six Months Ended June 30,
				2023				2022				2023				2022				2023				2022				2023				2022
				(Dollars in thousands)																(Dollars in thousands)
Derivatives Designated as Hedging Instruments:
Interest rate swaps		Interest income		$	446			$	—			$	446			$	—			$	7,846			$	—			$	7,846			$	—
Total				$	446			$	—			$	446			$	—			$	7,846			$	—			$	7,846			$	—

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- References

No definition available.

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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

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- Definition

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.

+ References

Reference 1: 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

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