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Derivative Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Values of Derivative Instruments on the Balance Sheet | The following tables disclose the fair value of derivative instruments in the Company’s consolidated balance sheets at March 31, 2025, and December 31, 2024, as well as the effect of these derivative instruments on the Company’s consolidated statements of income for the three months ended March 31, 2025 and 2024. Derivative instruments and their related gains and losses are reported in other operating activities, net in the statements of cash flows.
(Dollars in thousands) | Notional Amounts(1) |  | Fair Values
Derivatives not designated as hedging instruments: | March 31, 2025 |  | December 31, 2024 |  | March 31, 2025 |  | December 31, 2024
Interest rate swaps included in other assets | $ | 393,525 |  |  | $ | 365,042 |  |  | $ | 13,364 |  |  | $ | 15,264 |
Interest rate swaps included in other liabilities | 387,010 |  |  | 358,527 |  |  | (13,123) |  |  | (14,959) |
Risk participation agreements included in other liabilities | 32,803 |  |  | 32,494 |  |  | — |  |  | — |
Interest rate-lock commitments on residential mortgage loans included in other assets | 14,874 |  |  | 11,007 |  |  | 446 |  |  | 331 |
| $ | 828,212 |  |  | $ | 767,070 |  |  | $ | 687 |  |  | $ | 636 |
____________________________ (1)Notional or contractual amounts, which represent the extent of involvement in the derivatives market, are used to determine the contractual cash flows required in accordance with the terms of the agreement. These amounts are typically not exchanged, significantly exceed amounts subject to credit or market risk and are not reflected in the consolidated balance sheets.
Schedule of Weighted-average Rates for Interest Rate Swaps | The weighted-average rates for interest rate swaps were as follows:
| Weighted-Average Interest Rate
| March 31, 2025 |  | December 31, 2024
Interest rate swaps: | Paid |  | Received |  | Paid |  | Received
Cash flow hedges | — | % |  | — | % |  | 4.24 | % |  | 8.31 | %
Non-hedging interest rate swaps - financial institution counterparties | 5.27 |  |  | 6.88 |  |  | 5.04 |  |  | 7.67 |
Non-hedging interest rate swaps - customer counterparties | 6.88 |  |  | 5.27 |  |  | 7.67 |  |  | 5.04 |
Schedule of Gains and Losses Recognized on Derivative Instruments Not Designated as Hedging Instruments | Gains and losses recognized on derivative instruments not designated as hedging instruments were as follows:
(Dollars in thousands) | Three Months Ended March 31, |  |  |
Derivatives not designated as hedging instruments: | 2025 |  | 2024 |  |  |  |  |  |  |  |  |
Amount of gain recognized in mortgage banking revenue | $ | 115 |  |  | $ | 219 |  |  |  |  |  |  |  |  |  |
Amount of (loss) gain recognized in other non-interest income | (64) |  |  | 46 |  |  |  |  |  |  |  |  |  |

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