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Derivative and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivatives Instruments in Balance Sheet Location | The table below presents the fair value of derivative financial instruments as well as the classification within the consolidated statements of financial condition:
| September 30, 2025 |  |  | December 31, 2024 |
(Dollars in thousands) | Balance Sheet Location | Fair Value |  |  | Balance Sheet Location | Fair Value |
Derivatives designated as hedging instruments |  |  |  |  |  |  |
Interest rate contracts | Other Assets | $ | 6,756 |  |  | Other Assets | $ | 23,649 |
Interest rate contracts | Other Liabilities | $ | - |  |  | Other Liabilities | $ | - |
The table below presents the notional and fair value of these derivative instruments as of September 30, 2025 and December 31, 2024:
| September 30, 2025 |
(Dollars in thousands) | Notional Amount |  | Balance Sheet Location | Fair Value |
Derivative assets |  |  |  |  |
Interest rate swaps | $ | 84,986 |  | Other Assets | $ | 1,770 |
Derivative liabilities |  |  |  |  |
Interest rate swaps | $ | 84,986 |  | Other Liabilities | $ | 1,783 |
| December 31, 2024 |
(Dollars in thousands) | Notional Amount |  | Balance Sheet Location | Fair Value |
Derivative assets |  |  |  |  |
Interest rate swaps | $ | 56,526 |  | Other Assets | $ | 686 |
Derivative liabilities |  |  |  |  |
Interest rate swaps | $ | 56,526 |  | Other Liabilities | $ | 686 |
Location and Amount of Gain (Loss) in Income on Fair Value and Cash Flow Hedging Relationships | The table below presents the effect of fair value and cash flow hedge accounting on the consolidated statements of operations for the periods presented:
| Location and Amount of Gain or (Loss) |  |  | Location and Amount of Gain or (Loss) |
| Recognized in Income on Fair Value and Cash Flow Hedging Relationships |  |  | Recognized in Income on Fair Value and Cash Flow Hedging Relationships |
| Three months ended September 30, 2025 |  |  | Three months ended September 30, 2024 |  |  | Nine months ended September 30, 2025 |  |  | Nine months ended September 30, 2024 |
(Dollars in thousands) | Interest Income |  | Interest Expense |  |  | Interest Income |  | Interest Expense |  |  | Interest Income |  | Interest Expense |  |  | Interest Income |  | Interest Expense |
Total amounts of income and expense line items presented in the consolidated statements of income in which the effects of fair value or cash flow hedges are recorded | $ | 553 |  | $ | 734 |  |  | $ | 1,180 |  | $ | 1,327 |  |  | $ | 1,639 |  | $ | 2,207 |  |  | $ | 2,038 |  | $ | 2,301 |
Gain or (loss) on fair value hedging relationships: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hedged items | $ | 578 |  | $ | - |  |  | $ | 9,827 |  | $ | - |  |  | $ | 7,274 |  | $ | - |  |  | $ | 2,841 |  | $ | - |
Derivatives designated as hedging instruments | $ | (535 | ) | $ | - |  |  | $ | (9,665 | ) | $ | - |  |  | $ | (7,124 | ) | $ | - |  |  | $ | (2,720 | ) | $ | - |
Amount excluded from effectiveness testing recognized in earnings based on amortization approach | $ | - |  | $ | - |  |  | $ | - |  | $ | - |  |  | $ | - |  | $ | - |  |  | $ | - |  | $ | - |
Gain or (loss) on cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income | $ | - |  | $ | 126 |  |  | $ | - |  | $ | - |  |  | $ | - |  | $ | 337 |  |  | $ | (1,092 | ) | $ | - |
Amount excluded from effectiveness testing recognized in earnings based on amortization approach | $ | - |  | $ | - |  |  | $ | - |  | $ | - |  |  | $ | - |  | $ | - |  |  | $ | - |  | $ | - |
Schedule of Cumulative Basis Adjustments on Hedged Items Designated as Fair Value Hedges and Related Amortized Cost | The table below presents the cumulative basis adjustments on hedged items designated as fair value hedges and the related amortized cost of those items as of the periods presented:
|  |  | September 30, 2025 |
|  |  | Cumulative amount of Fair |
(Dollars in thousands) |  |  | Value Hedging Adjustment |
Line Item in the Statement of |  |  | included in the carrying |
Financial Position in which the | Amortized cost of the |  | amount of the Hedged |
Hedged Item is included | Hedged Assets/(Liabilities) |  | Assets/(Liabilities) |
Securities available for sale | $ | 258,247 |  | $ | (327 | )

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