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DERIVATIVES (Tables) | 6 Months Ended
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Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of the location of all assets and liabilities associated with derivative instruments within the consolidated balance sheets | The following tables present the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets as of the dates presented:
Derivative Financial Instruments Not Designated as Hedging Instruments |  | Asset Derivatives |  | Liability Derivatives
| Fair Value at |  | Fair Value at
(dollars in thousands) |  | Balance Sheet Location |  | June 30, 2024 |  | December 31, 2023 |  | June 30, 2024 |  | December 31, 2023
Interest rate lock and forward sale commitments |  | Other assets / other liabilities |  | $ | 1 |  |  | $ | — |  |  | $ | 4 |  |  | $ | 34 |
Back-to-back swap agreements |  | Other assets / other liabilities |  | 4,237 |  |  | 3,547 |  |  | 4,237 |  |  | 3,547 |
Derivative Financial Instruments Designated as Hedging Instruments |  | Asset Derivatives |  | Liability Derivatives
| Fair Value at |  | Fair Value at
(dollars in thousands) |  | Balance Sheet Location |  | June 30, 2024 |  | December 31, 2023 |  | June 30, 2024 |  | December 31, 2023
Interest rate swap |  | Other assets / other liabilities |  | $ | 9,304 |  |  | $ | 6,440 |  |  | $ | — |  |  | $ | — |
Schedule of the impact of derivative instruments and their location within the consolidated statements of income | The following tables present the impact of derivative instruments and their location within the consolidated statements of income for the periods presented:
Derivative Financial Instruments Not Designated as Hedging Instruments |  | Location of Gain (Loss) Recognized in Earnings on Derivatives |  | Amount of Gain (Loss) Recognized in Earnings on Derivatives
(dollars in thousands) |  |
Three Months Ended June 30, 2024 |  |  |  |
Interest rate lock and forward sale commitments |  | Mortgage banking income |  | $ | (4) |
Back-to-back swap agreements |  | Other service charges and fees |  | — |
Three Months Ended June 30, 2023 |  |  |  |
Interest rate lock and forward sale commitments |  | Mortgage banking income |  | 16 |
Loans held for sale |  | Other income |  | (4) |
Back-to-back swap agreements |  | Other service charges and fees |  | 35 |
Derivative Financial Instruments Not Designated as Hedging Instruments |  | Location of Gain (Loss) Recognized in Earnings on Derivatives |  | Amount of Gain (Loss) Recognized in Earnings on Derivatives
(dollars in thousands) |  |
Six Months Ended June 30, 2024 |  |  |  |
Interest rate lock and forward sale commitments |  | Mortgage banking income |  | $ | 31 |
Loans held for sale |  | Other income |  | (17) |
Back-to-back swap agreements |  | Other service charges and fees |  | 80 |
Six Months Ended June 30, 2023 |  |  |  |
Interest rate lock and forward sale commitments |  | Mortgage banking income |  | 8 |
Loans held for sale |  | Other income |  | (1) |
Back-to-back swap agreements |  | Other service charges and fees |  | 35 |
Derivative Financial Instruments Designated as Hedging Instruments |  | Location of Gain (Loss) Recognized in Earnings on Derivatives |  | Amount of Gain (Loss) Recognized in Earnings on Derivatives
(dollars in thousands) |  |
Three Months Ended June 30, 2024 |  |  |  |
Interest rate swap |  | Interest income |  | $ | 884 |
Three Months Ended June 30, 2023 |  |  |  |
Interest rate swap |  | Interest income |  | (116) |
Derivative Financial Instruments Designated as Hedging Instruments |  | Location of Gain (Loss) Recognized in Earnings on Derivatives |  | Amount of Gain (Loss) Recognized in Earnings on Derivatives
(dollars in thousands) |  |
Six Months Ended June 30, 2024 |  |  |  |
Interest rate swap |  | Interest income |  | $ | 776 |
Six Months Ended June 30, 2023 |  |  |  |
Interest rate swap |  | Interest income |  | (59) |
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location | The following table presents the amounts recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges as of the periods presented:
Line Item in the Consolidated Balance Sheets |  |  |  |
(dollars in thousands) |  | June 30, 2024 |  | December 31, 2023
Investment securities, available-for-sale: |  |  |  |
Carrying Amount of the Hedged Assets |  | $ | 89,600 |  |  | $ | 90,636 |
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets |  | (9,848) |  |  | (6,817) |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
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