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Derivatives (Notes) | 12 Months Ended
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Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivatives [Text Block] | Derivatives The Company has entered into various interest rate swap and interest rate collar agreements as part of its interest rate risk management strategy. The Company uses interest rate derivatives to manage its interest rate risk exposure on certain loans, borrowings, and deposits due to interest rate movements. The notional amounts of the interest rate derivatives do not represent amounts exchanged by the counterparties, but rather, the notional amount is used to determine, along with other terms of the derivative, the amounts to be exchanged between the counterparties. Interest Rate Derivatives Designated as Cash Flow Hedges: The Company had interest rate derivatives designated as cash flow hedges with total notional amounts of $380,000 and $420,000 at December 31, 2025 and 2024, respectively. As of December 31, 2025, the Company had interest rate swaps with a total notional amount of $270,000 that hedge the interest payments of rolling fixed-rate one-month funding consisting of FHLB advances or brokered deposits. Also, as of December 31, 2025, the Company had interest rate swaps with a total notional amount of $40,000 that effectively convert variable-rate long-term debt to fixed-rate debt and swaps with a total notional amount of $70,000 that hedge the interest payments of certain deposit accounts. The Company had interest rate collars designated as cash flow hedges with total notional amounts of $100,000 and $0 as of December 31, 2025 and 2024, respectively. The Company enters into interest rate collars to mitigate interest rate risk on certain customer deposits. The structure of the interest rate collars is such that the Company pays the counterparty an incremental amount if the index rate falls below the floor rate. Conversely, the Company receives an incremental amount if the index rises above the cap rate. At the inception of each hedge transaction, the Company represented that the underlying principal balance would remain outstanding throughout the hedge transaction, making it probable that sufficient interest payments would exist through the maturity date of the derivatives. The cash flow hedges were determined to be fully effective during the remaining terms of the derivatives. Therefore, the aggregate fair value of the derivatives is recorded in other assets or other liabilities with changes in market value recorded in OCI, net of deferred taxes. See Note 18 for additional fair value information and disclosures. The amounts included in AOCI will be reclassified to interest expense should the hedge no longer be considered effective. Derivatives Not Designated as Accounting Hedges: To accommodate customer needs, the Company on occasion offers loan level interest rate swaps to its customers and offsets its exposure from such contracts by entering into mirror image swaps with a swap counterparty (back-to-back swap program). The interest rate swaps are free-standing derivatives and are recorded at fair value. The Company enters into a floating-rate loan and a fixed-rate swap with our customer. Simultaneously, the Company enters into an offsetting fixed-rate swap with a swap counterparty. In connection with each swap transaction, the Company agrees to pay interest to the customer on a notional amount at a variable interest rate and receive interest from the customer on the same notional amount at a fixed interest rate. At the same time, the Company agrees to pay a swap counterparty the same fixed interest rate on the same notional amount and receive the same variable interest rate on the same notional amount. These transactions allow the Company’s customers to effectively convert variable-rate loans to fixed-rate loans. The customer accommodations and any offsetting swaps are treated as non-hedging derivative instruments, which do not qualify for hedge accounting. The table below identifies the balance sheet category and fair values of the Company’s derivative instruments as of December 31, 2025 and 2024.
| December 31, 2025 |  | December 31, 2024
Cash Flow Hedges: |  |  |
Interest Rate Swaps: |  |  |
Gross notional amount | $ | 380,000 |  |  | $ | 420,000 |
Fair value in other assets | 2,989 |  |  | 9,897 |
Fair value in other liabilities | (1,040) |  |  | (270) |
Weighted-average floating rate received | 3.98 | % |  | 4.84 | %
Weighted-average fixed rate paid | 3.45 | % |  | 3.30 | %
Weighted-average maturity in years | 1.6 |  | 2.4
Interest Rate Collars: |  |  |
Gross notional amount | $ | 100,000 |  |  | $ | — |
Fair value in other assets | — |  |  | — |
Fair value in other liabilities | (80) |  |  | — |
Weighted-average maturity in years | 2.6 |  | 0.0
Non-Hedging Derivatives: |  |  |
Gross notional amount | $ | 279,980 |  |  | $ | 287,235 |
Fair value in other assets | 9,796 |  |  | 14,284 |
Fair value in other liabilities | (9,796) |  |  | (14,284) |
The following table identifies the pre-tax gains or losses recognized on the Company’s derivative instruments designated as cash flow hedges for the years ended December 31, 2025, 2024 and 2023.
| 2025 |  | 2024 |  | 2023 |
Pre-tax gain (loss) recognized in other comprehensive income | $ | (2,550) |  |  | $ | 9,759 |  |  | $ | 4,291 |  |
Decrease in interest expense | (5,206) |  |  | (10,456) |  |  | (10,249) |  |
The Company estimates there will be approximately $2,028 reclassified from accumulated other comprehensive income to reduce interest expense through December 31, 2026 related to cash flow hedges. The Company will continue to assess the effectiveness of hedges on a quarterly basis. The Company is exposed to credit risk in the event of nonperformance by interest rate derivative counterparties, which is minimized by collateral-pledging provisions in the agreements. Derivative contracts are executed with a Credit Support Annex, which is a bilateral ratings-sensitive agreement that requires collateral postings at established credit threshold levels. These agreements protect the interests of the Company and its counterparties should either party suffer a credit rating deterioration. As of December 31, 2025 and 2024, the Company pledged $240 and $30, respectively, of collateral to the counterparties in the form of cash on deposit. As of December 31, 2025 and 2024, the Company’s counterparties pledged $10,500 and $24,160, respectively, of collateral to the Company in the form of cash on deposit. The interest rate swap product with the borrowers is cross-collateralized with the underlying loan and therefore there is no pledged cash collateral under swap contracts with customers.

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