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DERIVATIVES (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Information about Interest Rate Swaps Designated as Cash Flow Hedges

The following table presents information about the interest rate swaps designated as cash flow hedges as of September 30, 2025 and December 31, 2024:

(Dollars in thousands)		September 30, 2025				December 31, 2024
Notional amount		$	305,000			$	360,000
Weighted average pay rate			2.17	%			2.35	%
Weighted average receive rate			3.39	%			3.83	%
Weighted average maturity		1.64 years				2.08 years
Unrealized gain/(loss), net		$	2,887			$	7,815
Number of contracts			12				14

Schedule of Cash Flow Hedges Included in Financial Statements

		September 30, 2025
		Notional				Fair
(In thousands)		Amount				Value
Interest rate swaps related to interest-bearing deposits		$	305,000			$	2,887
Total included in other assets		$	280,000				2,894
Total included in other liabilities			25,000				7

		December 31, 2024
		Notional				Fair
(In thousands)		Amount				Value
Interest rate swaps related to interest-bearing deposits		$	360,000			$	7,815
Total included in other assets			360,000				7,815
Total included in other liabilities			—				—

Schedule of Net Gains/(Losses) Recorded in Accumulated Other Comprehensive Income/(Loss)

The following table presents the net gains/(losses) recorded in accumulated other comprehensive income/(loss) and the consolidated financial statements relating to the cash flow derivative instruments for the three months and nine months ended September 30, 2025 and 2024:

		For the Three Months Ended  September 30,								For the Nine Months Ended September 30,
(In thousands)		2025				2024				2025				2024
Interest rate contracts
Gain/(loss) recognized in other comprehensive income (effective portion)		$	(742	)		$	(5,600	)		$	(4,928	)		$	(2,953	)

Not Designated as Hedging Instrument [Member]

Schedule of Information about Interest Rate Swaps Designated as Cash Flow Hedges

Information about these swaps is as follows:

(Dollars in thousands)		September 30, 2025				December 31, 2024
Notional amount		$	417,089			$	430,785
Fair value		$	(9,108	)		$	(21,426	)
Weighted average pay rates			4.05	%			3.95	%
Weighted average receive rates			5.98	%			6.25	%
Weighted average maturity		3.01 years				3.65 years
Number of contracts			51				55

X

- 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.

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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.

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