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BALANCE SHEET OFFSETTING (Tables)
 3 Months Ended
Mar. 31, 2025
Offsetting [Abstract]  
Offsetting Assets
The following table presents the Company's derivative positions and repurchase agreements, and the potential effect of netting arrangements on its financial position, as of the dates indicated:
Gross Amount Not Offset in the Consolidated Statements of Condition
(Dollars in thousands)Gross Amount Recognized in the Consolidated Statements of ConditionGross Amount Offset in the Consolidated Statements of ConditionNet Amount Presented in the Consolidated Statements of Condition
Financial Instruments Pledged (Received)(1)
Cash Collateral Pledged (Received)(1)
Net Amount
March 31, 2025
Derivative assets:
Customer loan swaps - dealer bank(2)
$10,158 $— $10,158 $— $(10,158)$— 
Customer loan swaps - commercial customer(3)
2,732 — 2,732 — — 2,732 
Interest rate contracts(2)
10,127 — 10,127 — (7,410)2,717 
Total$23,017 $— $23,017 $— $(17,568)$5,449 
Derivative liabilities:
Customer loan swaps - commercial customer(3)
$12,008 $— $12,008 $— $— $12,008 
Customer loan swaps - dealer bank(2)
915 — 915 — — 915 
Interest rate contracts(2)
1,120 — 1,120 — 1,120 — 
Total$14,043 $— $14,043 $— $1,120 $12,923 
Customer repurchase agreements
$242,436 $— $242,436 $242,436 $— $— 
December 31, 2024
Derivative assets:
Customer loan swaps - dealer bank(2)
$10,660 $— $10,660 $— $(2,650)$8,010 
Customer loan swaps - commercial customer(3)
1,057 — 1,057 — — 1,057 
Interest rate contracts(2)
14,040 — 14,040 — (10,812)3,228 
Total$25,757 $— $25,757 $— $(13,462)$12,295 
Derivative liabilities:
Customer loan swaps - commercial customer(3)
$11,679 $— $11,679 $— $— $11,679 
Customer loan swaps - dealer bank(2)
108 — 108 — — 108 
Interest rate contracts(2)
232 — 232 — 232 — 
Total$12,019 $— $12,019 $— $232 $11,787 
Customer repurchase agreements
$175,621 $— $175,621 $175,621 $— $— 
(1)    The amount presented was the lesser of the amount pledged (received) or the net amount presented in the consolidated statements of condition.
(2)    The Company maintains master netting arrangements with each counterparty and settles collateral on a net basis for all contracts.
(3)    The Company manages its net exposure on its commercial customer loan swaps by obtaining collateral as part of the normal loan policy and underwriting practices. The Company does not post collateral to its commercial customers as part of its contract.
Offsetting Liabilities
The following table presents the Company's derivative positions and repurchase agreements, and the potential effect of netting arrangements on its financial position, as of the dates indicated:
Gross Amount Not Offset in the Consolidated Statements of Condition
(Dollars in thousands)Gross Amount Recognized in the Consolidated Statements of ConditionGross Amount Offset in the Consolidated Statements of ConditionNet Amount Presented in the Consolidated Statements of Condition
Financial Instruments Pledged (Received)(1)
Cash Collateral Pledged (Received)(1)
Net Amount
March 31, 2025
Derivative assets:
Customer loan swaps - dealer bank(2)
$10,158 $— $10,158 $— $(10,158)$— 
Customer loan swaps - commercial customer(3)
2,732 — 2,732 — — 2,732 
Interest rate contracts(2)
10,127 — 10,127 — (7,410)2,717 
Total$23,017 $— $23,017 $— $(17,568)$5,449 
Derivative liabilities:
Customer loan swaps - commercial customer(3)
$12,008 $— $12,008 $— $— $12,008 
Customer loan swaps - dealer bank(2)
915 — 915 — — 915 
Interest rate contracts(2)
1,120 — 1,120 — 1,120 — 
Total$14,043 $— $14,043 $— $1,120 $12,923 
Customer repurchase agreements
$242,436 $— $242,436 $242,436 $— $— 
December 31, 2024
Derivative assets:
Customer loan swaps - dealer bank(2)
$10,660 $— $10,660 $— $(2,650)$8,010 
Customer loan swaps - commercial customer(3)
1,057 — 1,057 — — 1,057 
Interest rate contracts(2)
14,040 — 14,040 — (10,812)3,228 
Total$25,757 $— $25,757 $— $(13,462)$12,295 
Derivative liabilities:
Customer loan swaps - commercial customer(3)
$11,679 $— $11,679 $— $— $11,679 
Customer loan swaps - dealer bank(2)
108 — 108 — — 108 
Interest rate contracts(2)
232 — 232 — 232 — 
Total$12,019 $— $12,019 $— $232 $11,787 
Customer repurchase agreements
$175,621 $— $175,621 $175,621 $— $— 
(1)    The amount presented was the lesser of the amount pledged (received) or the net amount presented in the consolidated statements of condition.
(2)    The Company maintains master netting arrangements with each counterparty and settles collateral on a net basis for all contracts.
(3)    The Company manages its net exposure on its commercial customer loan swaps by obtaining collateral as part of the normal loan policy and underwriting practices. The Company does not post collateral to its commercial customers as part of its contract.