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DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 2025
DERIVATIVES  
Schedule of offsetting of derivative assets and liabilities The estimated fair value of derivatives not designated as hedging instruments are as follows (dollars in thousands):

 

March 31, 2025

    

Derivative 

    

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

10,729

$

10,729

Less: cash collateral applied

 

(10,729)

 

Net amount

$

$

10,729

 

December 31, 2024

    

Derivative 

    

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

13,735

$

13,735

Less: cash collateral applied

 

(13,735)

 

Net amount

$

$

13,735