September 30, 2023

December 31, 2022

Notional

(in thousands)

Bank Position

Amount

Fair Value

Amount

Fair Value

Interest rate swaps with Bank clients - Assets

Pay variable/receive fixed

$

13,413

$

202

$

40,032

$

1,386

Interest rate swaps with Bank clients - Liabilities

Pay variable/receive fixed

155,242

(8,733)

91,636

(6,742)

Interest rate swaps with Bank clients - Total

Pay variable/receive fixed

$

168,655

$

(8,531)

$

131,668

$

(5,356)

Offsetting interest rate swaps with institutional swap dealer - Assets

Pay fixed/receive variable

153,132

8,733

91,636

6,742

Offsetting interest rate swaps with institutional swap dealer - Liabilities

Pay fixed/receive variable

15,523

(202)

40,032

(1,386)

Offsetting interest rate swaps with institutional swap dealer - Total

Pay fixed/receive variable

$

168,655

$

8,531

$

131,668

$

5,356

Total

$

337,310

$

—

$

263,336

$

—