2023

2022

Notional

Notional

December 31, (in thousands)

Bank Position

Amount

Fair Value

Amount

Fair Value

Interest rate swaps with Bank clients - Assets

Pay variable/receive fixed

$

120,442

$

4,066

$

40,032

$

1,386

Interest rate swaps with Bank clients - Liabilities

Pay variable/receive fixed

95,820

(4,867)

91,636

(6,742)

Interest rate swaps with Bank clients - Total

Pay variable/receive fixed

$

216,262

$

(801)

$

131,668

$

(5,356)

Offsetting interest rate swaps with institutional swap dealer - Assets

Pay fixed/receive variable

95,820

4,867

91,636

6,742

Offsetting interest rate swaps with institutional swap dealer - Liabilities

Pay fixed/receive variable

120,442

(4,066)

40,032

(1,386)

Offsetting interest rate swaps with institutional swap dealer - Total

Pay fixed/receive variable

$

216,262

$

801

$

131,668

$

5,356

Total

$

432,524

$

—

$

263,336

$

—