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Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of carrying value of the PLM hedged asset and liability and the cumulative fair value hedging adjustment

Schedule of carrying value of the PLM hedged asset and liability and the cumulative fair value hedging adjustment
		September 30, 2025								December 31, 2024
(dollars in thousands)		Carrying Amount				Hedge Basis Adjustment				Carrying Amount				Hedge Basis Adjustment
Fixed Rate Asset/Liability1		$	301,844				1,844				296,361				(3,638	)

¹ These amounts included the amortized cost basis of closed portfolios of fixed rate loans used to designate hedging relationships in which the hedged item is the stated amount of the assets in the closed portfolio anticipated to be outstanding for the designated hedged period. As of September 30, 2025, the amortized cost basis of the closed portfolio used in this hedging relationship was $620.6 million, the cumulative basis adjustment associated with this hedging relationship was $1.8 million, and the amount of the designated hedged item was $300.0 million.

Schedule of outstanding financial derivative instruments

Schedule of outstanding financial derivative instruments
						September 30, 2025
								Fair Value
(dollars in thousands)		Notional				Balance Sheet Location		Asset/(Liability)
Derivatives designated as hedging instruments:
Fair value swapFair value swap [Member]		$	300,000			Other liabilities		$	(1,664	)
Derivatives not designated as hedging instruments:
Mortgage loan interest rate lock commitmentsMortgage loan interest rate lock commitments [Member]			26,446			Other assets			366
MBS forward sales commitmentsMBS forward sales commitments [Member]			17,000			Other liabilities			(8	)
Total derivative financial instrumentsTotal derivative financial instruments [Member]		$	343,446					$	(1,306	)

						December 31, 2024
								Fair Value
(dollars in thousands)		Notional				Balance Sheet Location		Asset/(Liability)
Derivatives designated as hedging instruments:
Fair value swap		$	300,000			Other assets		$	3,698
Derivatives not designated as hedging instruments:
Mortgage loan interest rate lock commitments			15,841			Other assets			188
MBS forward sales commitments			10,500			Other assets			40
Total derivative financial instruments		$	326,341					$	3,926

Schedule of summarize the effect of fair value hedging relationship recognized in the consolidated statements of income

Schedule of summarize the effect of fair value hedging relationship recognized in the consolidated statements of income
		Three months ended September 30,								Nine months ended September 30,
(dollars in thousands)		2025				2024				2025				2024
Gain on fair value hedging relationship:
Hedged asset/(liability)		$	272				7,151				5,482				2,671
Fair value derivative designated as hedging instrument			(207	)			(7,050	)			(5,362	)			(2,581	)
Total gain recognized in interest income on loans		$	65				101				120				90

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- Definition

Tabular disclosure of hedged asset fair value hedge last of layer cumulative.

+ References

No definition available.

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- References

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X

- Definition

Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

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X

- Definition

Tabular disclosure of the notional amounts of outstanding derivative positions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

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