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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments [Abstract]  
Summary Of Derivative Instruments

Summary information about the derivative instruments is as follows:

 

 

 

March 31, 2025

 

 

December 31, 2024

 

 

 

(unaudited)

 

 

 

 

 

Notional amount

 

$

 

91,835

 

 

$

 

92,818

 

Weighted average pay rate on interest-rate swaps

 

 

 

5.46

%

 

 

 

5.45

%

Weighted average receive rate on interest-rate swaps

 

 

 

6.74

%

 

 

 

6.93

%

Weighted average maturity (years)

 

 

 

8.5

 

 

 

 

8.6

 

Fair value of derivative asset

 

$

 

3,352

 

 

$

 

3,730

 

Fair value of derivative liability

 

 

 

(3,352

)

 

 

 

(3,730

)

Schedule Of Mortgage Banking Derivatives

The following table reflects the amount and market value of mortgage banking derivatives included in the Consolidated Balance Sheets as of the period end (in thousands):

 

 

March 31, 2025

 

 

December 31, 2024

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

Notional Amount

 

 

Fair Value

 

 

Notional Amount

 

 

Fair Value

 

Assets (Liabilities):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate lock commitments

$

 

2,603

 

 

$

 

 

 

$

 

3,566

 

 

$

 

 

Schedule Of Notional Amount Of Loans Sold Through Mortgage Banking Activities

The following table represents the notional amount of loans sold through mortgage banking activities during the three months ended March 31, 2025 and 2024 (unaudited):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

Notional amount of loans sold

 

$

 

9,173

 

 

$

 

9,037

 

Schedule Of Gain (Loss) Recognized On Mortgage Activities

The following table represents the gain (loss) recognized on mortgage activities for the three months ended March 31, 2025 and 2024 (unaudited):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

Gain on loans sold

 

$

114

 

 

$

90

 

Gain (loss) from change in fair value of loans held-for-sale

 

 

 

 

 

 

 

 

 

$

114

 

 

$

90