XML 65 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1
DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 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 sheet
The following table presents the location of all assets and liabilities associated with our derivative instruments within the Company's consolidated balance sheet: 
Asset DerivativesLiability Derivatives
Derivatives Not Designated asBalance SheetFair Value atFair Value atFair Value atFair Value at
Hedging InstrumentsLocationDecember 31, 2024December 31, 2023December 31, 2024December 31, 2023
(Dollars in thousands)
Interest rate lock and forward sale commitmentsOther assets / other liabilities$46 $— $4 $34 
Back-to-back swap agreementsOther assets / other liabilities3,840 3,547 3,840 3,547 

Asset DerivativesLiability Derivatives
Derivatives Designated asBalance SheetFair Value atFair Value atFair Value atFair Value at
Hedging InstrumentsLocationDecember 31, 2024December 31, 2023December 31, 2024December 31, 2023
(Dollars in thousands)
Interest rate swapOther assets / other liabilities$8,382 $6,440 $— $— 
Schedule of the impact of derivative instruments and their location within the consolidated statements of income
The following table presents the impact of derivative instruments and their location within the Company's consolidated statements of income for the periods presented: 
Derivatives Not in Cash Flow Hedging RelationshipLocation of Gain (Loss) Recognized in Earnings on DerivativesAmount of Gain (Loss) Recognized in Earnings on Derivatives
(Dollars in thousands)
Year ended December 31, 2024
Interest rate lock and forward sale commitmentsMortgage banking income$77 
Loans held for saleOther income(78)
Risk participation agreementsOther service charges and fees— 
Back-to-back swap agreementsOther service charges and fees80 
Year ended December 31, 2023
Interest rate lock and forward sale commitmentsMortgage banking income(42)
Loans held for saleOther income3 
Risk participation agreementsOther service charges and fees— 
Back-to-back swap agreementsOther service charges and fees71 
Year ended December 31, 2022
Interest rate lock and forward sale commitmentsMortgage banking income8 
Loans held for saleOther income(3)
Risk participation agreementsOther service charges and fees16 
Back-to-back swap agreementsOther service charges and fees— 

Derivatives in Cash Flow Hedging RelationshipLocation of Gain (Loss) Recognized in Earnings on DerivativesAmount of Gain (Loss) Recognized in Earnings on Derivatives
(Dollars in thousands)
Year ended December 31, 2024
Interest rate swapInterest income$2,563 
Year ended December 31, 2023
Interest rate swapInterest income$(37)
Year ended December 31, 2022
Interest rate swapInterest income$(340)