v3.25.2
Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the notional amount and fair value of interest rate swaps utilized by the Company at June 30, 2025 and December 31, 2024.

 June 30, 2025December 31, 2024
(amounts in thousands)Notional
Amount
Fair
Value
Notional
Amount
Fair
Value
Asset Derivatives    
Derivatives not designated as hedging instruments    
Back-to-back swaps$39,648 $273 $27,214 $200 
Total contracts
$39,648 $273 $27,214 $200 
Liability Derivatives
Derivatives not designated as hedging instruments
Back-to-back swaps$39,648 $(273)$27,214 $(200)
Total contracts
$39,648 $(273)$27,214 $(200)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table presents the effects of the Company’s cash flow hedge relationships on the condensed consolidated statements of comprehensive income during the three and six months ended June 30, 2025 and 2024.
 Amount of Loss Recognized in Other Comprehensive Income for the Three Months EndedAmount of Gain Recognized in Other Comprehensive Income for the Six Months Ended
(amounts in thousands)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Interest rate swap agreements$— $(262)$— $640 
Schedule Of Effects Of Interest Rate Swap Agreements On Statements Of Income
The following table presents the effects of the Company’s interest rate swap agreements on the condensed consolidated statements of operations during the three and six months ended June 30, 2025 and 2024.

(amounts in thousands)Three Months EndedSix Months Ended
Line Item in the Condensed Consolidated Statements of IncomeJune 30, 2025June 30, 2024June 30, 2025June 30, 2024
Interest income
Securities - non-taxable$— $415 $— $829 
Total interest income
— 415 — 829 
Interest expense    
Deposits— (169)— (424)
Other borrowed funds— (760)— (1,522)
Total interest expense
— (929)— (1,946)
Net interest income
$— $1,344 $— $2,775