XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.2.2

Derivatives (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Interest Rate Swap Transactions

The following table reflects the derivatives recorded on the balance sheet:

		September 30, 2022								December 31, 2021
		Notional Amount				Fair Value				Notional Amount				Fair Value
Included in other assets:
Interest rate swaps with loan customers in an    asset position		$	—			$	—			$	173,491			$	11,072
Counterparty positions with financial institutions    in an asset position			215,383				18,448				—				—
Total included in other assets						$	18,448							$	11,072
Included in accrued expenses and other liabilities:
Interest rate swaps with loan customers in a    liability position		$	215,383			$	18,448			$	71,327			$	1,628
Counterparty positions with financial institutions    in a liability position			—				—				244,818				9,444
Total included in accrued expenses and    other liabilities						$	18,448							$	11,072
Gross notional positions with customers		$	215,383							$	244,818
Gross notional positions with financial institution    counterparties		$	215,383							$	244,818

Summary of Gain or loss On Derivatives

The effect of swap fair value changes on the Consolidated Statement of Operations are as follows:

		Location of		Amount of Gain or (Loss)
Derivatives		Gain or (Loss)		Recognized in
Not Designated		Recognized in		Income on Derivatives
as Hedging Instruments		Income on Derivative		September 30, 2022				September 30, 2021
Interest rate swaps related to customer loans		Other income		$	—			$	64
Total				$	—			$	64

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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.

+ 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

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments.

+ 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
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration