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Derivative Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amount and Fair Value of Mortgage Banking Derivative Financial Instruments | Information related to mortgage banking hedging activity is set forth in the following table:
| September 30, 2023 |  | December 31, 2022
(In thousands) | Notional Amount |  | Asset (Liability) Fair Value |  | Notional Amount |  | Asset (Liability) Fair Value
Interest Rate Lock Commitments |  |  |  |  |  |  |
Positive Fair Values | $ | 2,233 |  |  | $ | 15 |  |  | $ | 274 |  |  | $ | 3 |
Negative Fair Values | 4,043 |  |  | (24) |  |  | 5,252 |  |  | (40) |
Forward Commitments |  |  |  |  |  |  |
Positive Fair Values | 4,011 |  |  | 18 |  |  | 4,750 |  |  | 43 |
Negative Fair Values | 3,146 |  |  | (44) |  |  | — |  |  | — |
Information related to loan level swaps is set forth in the following table:
|  |  | September 30, 2023 |  | December 31, 2022
|  |  |  |  | (Dollars in thousands)
Interest rate swaps on loans with customers |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ | 150,769 |  |  | $ | 123,795 |
Weighted average remaining term (years) |  |  |  |  | 6.84 |  | 7.85
Receive fixed rate (weighted average) |  |  |  |  | 4.17 | % |  | 3.59 | %
Pay variable rate (weighted average |  |  |  |  | 7.36 | % |  | 6.09 | %
Estimated fair value |  |  |  |  | $ | 14,070 |  |  | $ | 11,697 |
|  |  |  |  | September 30, 2023 |  | December 31, 2022
|  |  |  |  | (Dollars in thousands)
Interest rate swaps on loans with correspondents |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ | 150,769 |  |  | $ | 123,795 |
Weighted average remaining term (years) |  |  |  |  | 6.84 |  | 7.85
Receive variable rate (weighted average) |  |  |  |  | 7.36 | % |  | 6.09 | %
Pay fixed rate (weighted average |  |  |  |  | 4.17 | % |  | 3.59 | %
Estimated fair value |  |  |  |  | $ | 14,070 |  |  | $ | 11,697 |
Information related to cash flow hedges is set forth in the following table:
|  |  | September 30, 2023
|  |  |  |  | (Dollars in thousands)
Cash flow hedges |  |  |  |  |
Notional amount |  |  |  |  | $ | 190,000 |
Weighted average remaining term (years) |  |  |  |  | 2.47
Pay fixed rate (weighted average) |  |  |  |  | 3.74 | %
Receive variable rate (weighted average |  |  |  |  | 4.78 | %
Estimated fair value |  |  |  |  | $ | 4,914 |

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 815 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1B Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-8 Reference 5: 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 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-5 Reference 9: 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 + Details
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