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DERIVATIVE INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position
Notional amounts are reference amounts from which contractual obligations are derived and are not recorded on the balance sheet. In our view, derivative notional is not an accurate measure of our derivative exposure when viewed in isolation from other factors, such as market rate fluctuations and counterparty credit risk.
September 30, 2025December 31, 2024
Fair ValueFair Value
(dollars in thousands)AssetsLiabilitiesNotional amountAssetsLiabilitiesNotional amount
Derivatives designated as accounting hedges
Interest rate contracts
Fair value hedges
Investment securities available for sale$291 $3,611 $273,763 $2,653 $654 $167,363 
Cash flow hedges
Investment securities available for sale987 — 90,000 — — — 
Pools of commercial and commercial real estate loans1,948 1,762 300,000 — 4,502 200,000 
FHLB advances, brokered CDs and other borrowings60 518 125,000 863 281 75,000 
Total derivatives designated as accounting hedges$3,286 $5,891 $788,763 $3,516 $5,437 $442,363 
Derivatives not designated as accounting hedges
Interest rate contracts
Swaps$418 $418 $53,076 $218 $218 $54,390 
Interest rate lock commitments202 — 9,450 71 — 3,907 
Forward commitments to sell mortgage-backed securities4 — 14,373 32 — 10,198 
Total derivatives not designated as accounting hedges$624 $418 $76,899 $321 $218 $68,495 
The following table presents amounts recorded in the consolidated balance sheets related to cumulative basis adjustments for fair value hedges.
Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
(dollars in thousands)September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Investment securities available for sale$359,046 $286,982 $(3,322)$1,999 
Schedule of Derivative Instruments, Gain (Loss)
The following table summarizes the effect of derivative instruments in fair value hedging relationships on the consolidated statements of income.
Location of gain (loss) recognized in income on derivativeGain (loss) recognized in income on derivativeLocation of gain (loss) recognized in income on related hedged itemGain (loss) recognized in income on related hedged items
(dollars in thousands)2025202420252024
Three Months Ended September 30,
Gain (loss) on fair value hedging relationships
Interest rate contracts
Fixed-rate mortgage-backed securitiesInterest income on investment securities$(328)$(1,731)Interest income on investment securities available for sale$391 $1,790 
Nine Months Ended September 30,
Gain (loss) on fair value hedging relationships
Interest rate contracts
Fixed-rate mortgage-backed securitiesInterest income on investment securities available for sale$(5,322)$(553)Interest income on investment securities available for sale$5,431 $653 
The following table summarizes the effect of derivative instruments in cash flow hedging relationships on the consolidated statements of income.
Gain (loss) recognized in AOCI on derivativeLocation of gain (loss) recognized in income on derivativeGain (loss) reclassified from AOCI into income
(dollars in thousands)2025202420252024
Three Months Ended September 30,
Gain (loss) on cash flow hedging relationships
Interest rate contracts
Pools of commercial and commercial real estate loans$3 $2,878 Interest income on loans$(111)$1,545 
Investment securities available for sale(356)— Interest income on investment securities(55)— 
FHLB advances, brokered CDs and other borrowings(86)(1,788)Interest expense(31)(279)
Total gain (loss) on cash flow hedging relationships$(439)$1,090 $(197)$1,266 
Nine Months Ended September 30,
Gain (loss) on cash flow hedging relationships
Interest rate contracts
Pools of commercial and commercial real estate loans$1,358 $(1,123)Interest income on loans$(1,857)$(1,549)
Investment securities available for sale161 — Interest income on investment securities(32)— 
FHLB advances, brokered CDs and other borrowings(871)357 Interest expense213 282 
Total gain (loss) on cash flow hedging relationships$648 $(766)$(1,676)$(1,267)
The following table summarizes the effect of derivative instruments not designated as accounting hedges on the consolidated statements of income.
Three Months Ended September 30,Nine Months Ended September 30,
(dollars in thousands)Location of gain (loss) recognized in income on derivative2025202420252024
Nine Months Ended September 30,
Gain (loss) on derivative instruments not designated as accounting hedges
Interest rate contractsResidential mortgage banking revenue$45 $(68)$104 $60 
Total (loss) gain on derivative instruments not designated as accounting hedges$45 $(68)$104 $60