v3.25.4
DERIVATIVES (Tables)
12 Months Ended
Dec. 31, 2025
DERIVATIVES  
Schedule of offsetting of derivative assets and liabilities Derivative assets and derivative liabilities with the same counterparty are presented on a net basis when master netting agreements are in place. The estimated fair value of derivatives not designated as hedging instruments are as follows (dollars in thousands):

 

December 31, 2025

  ​ ​ ​

Derivative 

  ​ ​ ​

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

7,919

$

7,919

Less: master netting arrangements

 

(572)

 

(572)

Less: cash collateral applied

 

(6,480)

 

Net amount

$

867

$

7,347

 

December 31, 2024

  ​ ​ ​

Derivative 

  ​ ​ ​

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

13,735

$

13,735

Less: master netting arrangements

 

 

Less: cash collateral applied

 

(13,735)

 

Net amount

$

$

13,735