Gross Amounts Recognized in the Condensed

Gross Amounts Offset in the Condensed

Net Amounts Presented in the Condensed

Gross Amounts Not Offset
in the Condensed Consolidated Balance Sheets

Consolidated Balance Sheets

Consolidated Balance Sheets

Consolidated Balance Sheets

Financial Instruments

Collateral Pledged

Net Amount

(Dollars in thousands)

June 30, 2025

Financial assets:

Derivatives not designated as
 hedging instruments:

   Interest rate swaps

$

30,600

$

(30,412

)

$

188

$

30,808

$

(30,930

)

$

66

Derivatives designated as
 hedging instruments:

   Fair value hedges: interest rate swaps

—

—

—

—

11,135

11,135

   Cash flow hedges: interest rate swaps

—

—

—

—

—

—

Total

$

30,600

$

(30,412

)

$

188

$

30,808

$

(19,795

)

$

11,201

Financial liabilities:

Derivatives not designated as
 hedging instruments:

   Interest rate swaps

$

188

$

—

$

188

$

—

$

—

$

188

Derivatives designated as
 hedging instruments:

   Fair value hedges: interest rate swaps

9,585

—

9,585

—

—

9,585

   Cash flow hedges: interest rate swaps

2,855

—

2,855

—

—

2,855

Repurchase agreements

404,154

—

404,154

—

(510,715

)

(106,561

)

Total

$

416,782

$

—

$

416,782

$

—

$

(510,715

)

$

(93,933

)

December 31, 2024

Financial assets:

Derivatives not designated as
 hedging instruments:

   Interest rate swaps

$

41,933

$

(41,903

)

$

30

$

42,538

$

(42,390

)

$

178

Derivatives designated as
 hedging instruments:

   Fair value hedges: interest rate swaps

7,222

—

7,222

—

(6,899

)

323

   Cash flow hedges: interest rate swaps

—

—

—

—

—

—

Total

$

49,155

$

(41,903

)

$

7,252

$

42,538

$

(49,289

)

$

501

Financial liabilities:

Derivatives not designated as
 hedging instruments:

   Interest rate swaps

$

30

$

—

$

30

$

—

$

—

$

30

Derivatives designated as
 hedging instruments:

   Fair value hedges: interest rate swaps

—

—

—

—

—

—

   Cash flow hedges: interest rate swaps

517

—

517

—

—

517

Repurchase agreements

261,887

—

261,887

—

(306,401

)

(44,514

)

Total

$

262,434

$

—

$

262,434

$

—

$

(306,401

)

$

(43,967

)