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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 Notional Amount and Fair Value of Mortgage Banking Derivative Financial Instruments | Information related to loan level swaps is set forth in the following table:
|  |  | March 31, 2025 |  | December 31, 2024
|  |  |  |  | (Dollars in thousands)
Interest rate swaps on loans with customers |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ | 235,150 |  |  | $ | 217,150 |
Weighted average remaining term (years) |  |  |  |  | 4.87 |  | 5.11
Receive fixed rate (weighted average) |  |  |  |  | 4.88 | % |  | 4.68 | %
Pay variable rate (weighted average) |  |  |  |  | 6.63 | % |  | 6.64 | %
Estimated fair value (1) |  |  |  |  | $ | 9,901 |  |  | $ | 11,118 |
|  |  |  |  | March 31, 2025 |  | December 31, 2024
|  |  |  |  | (Dollars in thousands)
Interest rate swaps on loans with correspondents |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ | 235,150 |  |  | $ | 217,150 |
Weighted average remaining term (years) |  |  |  |  | 4.87 |  | 5.11
Receive variable rate (weighted average) |  |  |  |  | 6.63 | % |  | 6.64 | %
Pay fixed rate (weighted average) |  |  |  |  | 4.88 | % |  | 4.68 | %
Estimated fair value (2) |  |  |  |  | $ | 9,901 |  |  | $ | 11,118 |
(1) The net amount of the estimated fair value is disclosed in Other Liabilities on the Consolidated Balance Sheet. (2) The net amount of the estimated fair value is disclosed in Other Assets on the Consolidated Balance Sheet. Information related to cash flow hedges is set forth in the following table:
|  |  | March 31, 2025 |  | December 31, 2024
|  |  |  |  | (Dollars in thousands)
Cash flow hedges |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ | 315,000 |  |  | $ | 295,000 |
Weighted average remaining term (years) |  |  |  |  | 1.34 |  | 1.55
Pay fixed rate (weighted average) |  |  |  |  | 3.66 | % |  | 3.64 | %
Receive variable rate (weighted average) |  |  |  |  | 3.89 | % |  | 4.10 | %
Estimated fair value (1) |  |  |  |  | $ | 913 |  |  | $ | 2,590 |
(1) Estimated fair value, net of accrued interest receivable, is disclosed in Other Assets on the Consolidated Balance Sheet.

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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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