Derivative Instruments and Hedging Activities - Cash Flow Derivatives (Details) - Cash Flow Hedging - Designated as Hedging Instrument - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
Cash Flow Hedging Derivatives | |||||
Amount expected to be reclassified from AOCI into earnings | $ 4,500,000 | ||||
Interest Rate Swaps | |||||
Cash Flow Hedging Derivatives | |||||
Notional Amount | $ 183,000,000 | $ 183,000,000 | $ 178,000,000 | ||
Weighted Average Pay Rate | 2.87% | 2.87% | 2.20% | ||
Weighted Average Receive Rate | 4.36% | 4.36% | 4.80% | ||
Weighted Average Maturity (Years) | 4 years 8 months 1 day | 4 years 7 days | |||
Net Unrealized Gain | $ 1,311,000 | $ 5,139,000 | |||
Interest Rate Caps | |||||
Cash Flow Hedging Derivatives | |||||
Notional Amount | $ 125,000,000 | $ 125,000,000 | $ 125,000,000 | ||
Weighted Average Maturity (Years) | 4 years 10 months 6 days | 5 years 4 months 2 days | |||
Unamortized Premium Paid | $ 3,888,000 | $ 3,888,000 | $ 4,281,000 | ||
Weighted Average Strike Rate | 0.96% | 0.96% | 0.96% | ||
Amortization of interest rate cap premiums | $ 198,000 | $ 200,000 | $ 393,000 | $ 395,000 |