June 30, 2024

December 31, 2023

Notional

(in thousands)

Bank Position

Amount

Fair Value

Amount

Fair Value

Interest rate swaps with Bank clients - Assets

Pay variable/receive fixed

$

105,370

$

988

$

120,442

$

4,066

Interest rate swaps with Bank clients - Liabilities

Pay variable/receive fixed

132,569

(6,396)

95,820

(4,867)

Interest rate swaps with Bank clients - Total

Pay variable/receive fixed

$

237,939

$

(5,408)

$

216,262

$

(801)

Offsetting interest rate swaps with institutional swap dealer - Assets

Pay fixed/receive variable

132,569

6,396

95,820

4,867

Offsetting interest rate swaps with institutional swap dealer - Liabilities

Pay fixed/receive variable

105,370

(988)

120,442

(4,066)

Offsetting interest rate swaps with institutional swap dealer - Total

Pay fixed/receive variable

$

237,939

$

5,408

$

216,262

$

801

Total

$

475,878

$

—

$

432,524

$

—