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Derivative Instruments (Tables) | 3 Months Ended
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Mar. 31, 2023
Derivative Instruments |
Schedule of amounts recorded in the Company's consolidated balance sheets for derivatives not designated as hedging instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | March 31, 2023 | ​ | December 31, 2022
​ | ​ | ​ | ​ | Fair | ​ | Notional | ​ | Fair | ​ | Notional
(dollars in thousands) |  | ​ |  | Value |  | Amount |  | Value |  | Amount
Designated as hedging instruments: | ​ | Consolidated Balance Sheet Location | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair value hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps | ​ | Accrued expenses and other liabilities | ​ | $ | 1,725 | ​ | $ | 200,000 | ​ | $ | — | ​ | $ | —
Total derivatives designated as hedging instruments | ​ | ​ | ​ | $ | 1,725 | ​ | $ | 200,000 | ​ | $ | — | ​ | $ | —
Not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset Derivatives |  | ​ |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Interest rate swaps |  | Other assets | ​ | $ | 5,346 | ​ | $ | 43,073 | ​ | $ | 6,277 | ​ | $ | 43,430
Interest rate lock commitments |  | Other assets | ​ | ​ | 358 | ​ | ​ | 19,180 | ​ | ​ | 121 | ​ | ​ | 10,462
Forward loan sales commitments |  | Other assets | ​ |  | 1 | ​ |  | 280 | ​ |  | 7 | ​ |  | 351
Total asset derivatives not designated as hedging instruments |  |  | ​ | $ | 5,705 | ​ | $ | 62,533 | ​ | $ | 6,405 | ​ | $ | 54,243
Liability Derivatives |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Interest rate swaps |  | Accrued expenses and other liabilities | ​ | $ | 5,346 | ​ | $ | 43,073 | ​ | $ | 6,277 | ​ | $ | 43,430
To-be-announced mortgage backed securities |  | Accrued expenses and other liabilities | ​ | ​ | 105 | ​ | ​ | 38,000 | ​ | ​ | 26 | ​ | ​ | 25,750
Total liability derivatives not designated as hedging instruments |  |  | ​ | $ | 5,451 | ​ | $ | 81,073 | ​ | $ | 6,303 | ​ | $ | 69,180
​
Schedule of hedge accounting included in the carrying amount of hedged assets and liabilities in fair value hedging relationships: | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2023
​ | ​ | ​ | ​ | ​ | Cumulative Fair
​ | ​ | ​ | ​ | ​ | Value Hedging
​ | ​ | ​ | ​ | ​ | Adjustment in the
​ | ​ | Carrying Amount | ​ | Carrying Amount of
​ | ​ | of Hedge Assets/ | ​ | Hedged Assets/
​ | ​ | Liabilities | ​ | Liabilities
(dollars in thousands) |  | ​ | ​ |  | ​ | ​
Mortgage-backed securities | ​ | ​ | ​ | ​ | ​ | ​
Residential agency | ​ | $ | 297,038 | ​ | $ | 1,723
Total | ​ | $ | 297,038 | ​ | $ | 1,723
​
Schedule of gain (loss) recognized on derivatives instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) | ​ | Consolidated Statements | ​ | Three months ended March 31,
Derivatives designated as hedging instruments |  | of Income Location |  | 2023 |  | 2022
Interest rate swaps |  | Interest income | ​ | $ | (2) | ​ | $ | —
Total gain (loss) from derivatives designated as hedging instruments | ​ | ​ | ​ | $ | (2) | ​ | $ | —
Derivatives not designated as hedging instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps |  | Other noninterest income | ​ | $ | — | ​ | $ | —
Interest rate lock commitments |  | Mortgage banking | ​ | ​ | 340 | ​ | ​ | (710)
Forward loan sales commitments |  | Mortgage banking | ​ | ​ | (6) | ​ | ​ | (490)
To-be-announced mortgage backed securities |  | Mortgage banking | ​ |  | (173) | ​ |  | 2,503
Total gain (loss) from derivatives not designated as hedging instruments |  | ​ | ​ | $ | 161 | ​ | $ | 1,303
​

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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