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Derivative Instruments (Tables) | 6 Months Ended
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Jun. 30, 2023
Derivative Instruments |
Schedule of amounts recorded in the Company's consolidated balance sheets for derivatives not designated as hedging instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | June 30, 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 | ​ | Other assets | ​ | $ | 2,069 | ​ | $ | 200,000 | ​ | $ | — | ​ | $ | —
Total derivatives designated as hedging instruments | ​ | ​ | ​ | $ | 2,069 | ​ | $ | 200,000 | ​ | $ | — | ​ | $ | —
Not designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset Derivatives |  | ​ |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Interest rate swaps |  | Other assets | ​ | $ | 6,049 | ​ | $ | 42,716 | ​ | $ | 6,277 | ​ | $ | 43,430
Interest rate lock commitments |  | Other assets | ​ | ​ | 523 | ​ | ​ | 34,602 | ​ | ​ | 121 | ​ | ​ | 10,462
Forward loan sales commitments |  | Other assets | ​ |  | 71 | ​ |  | 4,193 | ​ |  | 7 | ​ |  | 351
To-be-announced mortgage backed securities |  | Other assets | ​ |  | 210 | ​ |  | 68,750 | ​ |  | — | ​ |  | —
Total asset derivatives not designated as hedging instruments |  |  | ​ | $ | 6,853 | ​ | $ | 150,261 | ​ | $ | 6,405 | ​ | $ | 54,243
Liability Derivatives |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Interest rate swaps |  | Accrued expenses and other liabilities | ​ | $ | 6,049 | ​ | $ | 42,716 | ​ | $ | 6,277 | ​ | $ | 43,430
To-be-announced mortgage backed securities |  | Accrued expenses and other liabilities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 26 | ​ | ​ | 25,750
Total liability derivatives not designated as hedging instruments |  |  | ​ | $ | 6,049 | ​ | $ | 42,716 | ​ | $ | 6,303 | ​ | $ | 69,180
Schedule of hedge accounting included in the carrying amount of hedged assets and liabilities in fair value hedging relationships: | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 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 | ​ | $ | 284,584 | ​ | $ | (2,073)
Total | ​ | $ | 284,584 | ​ | $ | (2,073)
Schedule of gain (loss) recognized on derivatives instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(dollars in thousands) | ​ | ​ | ​ | Three months ended June 30, | ​ | Six months ended June 30,
Derivatives designated as hedging instruments |  | Consolidated Statements of Income Location |  | 2023 |  | 2022 |  | 2023 |  | 2022
Interest rate swaps |  | Interest income | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
Total gain (loss) from derivatives designated as hedging instruments | ​ | ​ | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
Derivatives not designated as hedging instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps |  | Other noninterest income | ​ | $ | — | ​ | $ | 1 | ​ | $ | — | ​ | $ | 1
Interest rate lock commitments |  | Mortgage banking | ​ | ​ | 89 | ​ | ​ | 563 | ​ | ​ | 429 | ​ | ​ | (147)
Forward loan sales commitments |  | Mortgage banking | ​ | ​ | 70 | ​ | ​ | 542 | ​ | ​ | 64 | ​ | ​ | 52
To-be-announced mortgage backed securities |  | Mortgage banking | ​ | ​ | 302 | ​ | ​ | 1,246 | ​ |  | 129 | ​ |  | 3,749
Total gain (loss) from derivatives not designated as hedging instruments |  | ​ | ​ | $ | 461 | ​ | $ | 2,352 | ​ | $ | 622 | ​ | $ | 3,655

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