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Derivative Financial Instruments | 12 Months Ended
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Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Financial Instruments | Derivative Financial Instruments The following table presents the notional amounts and estimated fair values of derivatives at the dates indicated:
| December 31, 2023 |  | December 31, 2022
| Notional Amounts |  | Estimated Fair Value |  | Notional Amounts |  | Estimated Fair Value
| (Dollars in thousands)
Non-hedging interest rate derivatives: |  |  |  |  |  |  |
Interest rate swap asset (1) | $ | 291,740 |  |  | $ | 23,195 |  |  | $ | 288,785 |  |  | $ | 30,107 |
Interest rate swap liability (1) | 291,740 |  |  | (23,195) |  |  | 288,785 |  |  | (30,107) |
(1) The estimated fair value of derivatives with customers was $(22.5) million and $(30.1) million as of December 31, 2023 and December 31, 2022, respectively. The estimated fair value of derivatives with third-parties was $22.5 million and $30.1 million as of December 31, 2023 and December 31, 2022, respectively. Generally, the gains and losses of the interest rate derivatives offset each other due to the back-to-back nature of the contracts. However, the settlement values of the Company's net derivative assets with customers had no change as of December 31, 2023, and increased $66,000, and $355,000 as of December 31, 2022, and December 31, 2021, respectively, due to the change in the credit valuation adjustment.

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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-5C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//815/tableOfContent + Details
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