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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Pre-Tax Impact of Terminated Cash Flow Hedge on AOCI | The following table presents the pre-tax impact of the terminated cash flow hedge on AOCI:
| Year Ended
(Dollars in thousands) | December 31, 2022
Unrealized gains on terminated hedges |
Beginning Balance | $ | — |
Unrealized gains arising during the period | 9,316 |
Reclassification adjustments for amortization of unrealized (gains) into net income | (9,316) |
Ending Balance | $ | — |
Schedule of Fair Value of Derivative Financial Instruments Classification on Balance Sheet | The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2021.
|  |  |  |  |  |  |  | Derivative Assets
|  |  |  | As of December 31, 2021
(Dollars in thousands) |  |  |  |  |  |  |  | Notional Amount |  | Balance Sheet Location |  | Fair Value Total
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  |  |  |  |  |  |  | $ | 200,000 |  |  | Other Assets |  | $ | 6,164 |
Schedule of Fair Value and Cash Flow Hedge Accounting on AOCI | The table below presents the effect of fair value and cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax:
|  | Amount of Gain or (Loss) Recognized in OCI on Derivative |  | Amount of Gain or (Loss) Recognized in OCI Included Component |  | Location of Gain or (Loss) Recognized from AOCI into Income |  | Amount of Gain or (Loss) Reclassified from AOCI into Income |  | Amount of Gain or (Loss) Reclassified from AOCI into Income Included Component
(Dollars in thousands) |  |  |  |  |
Year Ended December 31, 2022 |  |  |  |  |  |  |  |  |  |
Derivatives in cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 2,398 |  |  | $ | 2,398 |  |  | Interest Expense, Noninterest Income |  | $ | 7,103 |  |  | $ | 7,103 |
Year Ended December 31, 2021 |  |  |  |  |  |  |  |  |  |
Derivatives in cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 3,995 |  |  | $ | 3,995 |  |  | Interest Expense |  | $ | (71) |  |  | $ | (71) |
Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |  |
Derivatives in cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 597 |  |  | $ | 597 |  |  | Interest Expense |  | $ | (26) |  |  | $ | (26) |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in net investment hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CCC -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL109998896-113959 + Details
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