Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

Schedule Of Fair Value Of Derivative Instruments


(Dollars in thousands)	As of June 30, 2025						As of December 31, 2024
		Notional amount	Balance Sheet Location		Fair Value		Notional amount	Balance Sheet Location		Fair Value
Derivatives designated as hedging instruments
Interest rate swaps	$	105,710	Other Liabilities	$	223	$	111,087	Other Assets	$	2,275
Total derivatives designated as hedging instruments				$	223				$	2,275

Derivatives not designated as hedging instruments
Other Contracts	$	5,959	Other Liabilities	$	—	$	6,064	Other Liabilities	$	—
Total derivatives not designated as hedging instruments				$	—				$	—

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
		Three Months Ended				Six Months Ended
(Dollars in thousands)		June 30,				June 30,
			2025		2024		2025		2024
Interest rate swaps	Investment income	$	202	$	-	$	401	$	-

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
		Three Months Ended				Six Months Ended
(Dollars in thousands)		June 30,				June 30,
			2025		2024		2025		2024
Other Contracts	Other income	$	-	$	-	$	-	$	1

Schedule Of Derivative Financial Instrument



	Carrying amount of the hedged items				Cumulative amount of fair value hedging instruments
(Dollars in thousands)	As of June 30,				As of June 30,
	2025		2024		2025		2024
Investment securities, AFS (1)	$	108,250	$	-	$	214	$	-

(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 June 30, 2025, the fair value of the closed portfolio used in these hedging relationships was $105.4 million and the notional amount was $126.5 million.

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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