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Financial Derivatives (Tables)
12 Months Ended
Dec. 31, 2024
Financial Derivatives [Abstract]  
Schedule Of Fair Value Of Derivative Instruments

Fair Value of Derivative Instruments

Derivative Liabilities

(Dollars in thousands)

As of December 31, 2024

As of December 31, 2023

Notional amount

Balance Sheet Location

Fair Value

Notional amount

Balance Sheet Location

Fair Value

Derivatives designated as hedging instruments

Interest rate swaps

$

111,087

Other Assets

$

2,275 

$

Other Assets

$

Total derivatives designated as hedging instruments

$

2,275 

$

Derivatives not designated as hedging instruments

Other Contracts

$

6,064

Other Liabilities

$

$

6,268 

Other Liabilities

$

2 

Total derivatives not designated as hedging instruments

$

$

2 

Schedule Of Effect Of Derivative Designated Instruments On The Statement Of Income

Effect of Derivatives Designated as Hedging Instruments on the Statement of Financial Performance

Derivatives Designated as Hedging Instruments under Subtopic 815-20

Location of Gain or (Loss) Recognized in Income on Derivative

Amount of Gain or (Loss) Recognized in Income on Derivatives

(Dollars in thousands)

Year Ended December 31

2024

2023

Interest rate swaps

Investment income

$

212

$

-

Schedule Of Effect Of Derivative Not Designated Instruments On The Statement Of Income

Effect of Derivatives Not Designated as Hedging Instruments on the Statement of Financial Performance

Derivatives Not Designated as Hedging Instruments under Subtopic 815-20

Location of Gain or (Loss) Recognized in Income on Derivative

Amount of Gain or (Loss) Recognized in Income on Derivatives

(Dollars in thousands)

Year Ended December 31

2024

2023

Other Contracts

Other income

$

1

$

1

Schedule Of Derivative Financial Instrument

Carrying amount of the hedged items

Cumulative amount of fair value hedging instruments

(Dollars in thousands)

Year Ended December 31

Year Ended December 31

2024

2023

2024

2023

Investment securities, AFS (1)

$

112,261

$

-

$

(2,300)

$

-

(1)The amounts represent the amortized cost basis of closed portfolios used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolio anticipated to be outstanding for the designated hedge period. At December 31, 2024, the fair value of the closed portfolio used in these hedging relationships was $2.3 million and the notional amount was $111.1 million.