v3.26.1
DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of interest-rate swaps designated as cash flow hedges
Summary information about the interest-rate swaps designated as cash flow hedges as of the dates presented is as follows:
December 31, 2025December 31, 2024
(Dollars in thousands)
Notional amounts$526,000 $349,000 
Weighted average pay rates3.30 %3.12 %
Weighted average receive rates3.89 %4.62 %
Weighted average maturity1.8 years2.4 years
Gross unrealized gain included in other assets$3,573 $8,817 
Gross unrealized loss included in other liabilities2,452 453 
Unrealized gains (losses), net$1,121 $8,364 
Summary of effect of cash flow hedge accounting on AOCI
The effect of cash flow hedge accounting on accumulated other comprehensive income for the years ended December 31, 2025 and 2024 are as follows:
Amount of (Loss) Gain Recognized in OCI on Derivative (1)
Location of Gain (Loss) Reclassified from OCI into Income/(Expense)
Amount of Gain Reclassified from OCI to Expense
(In thousands)
Year Ended December 31, 2025
Interest rate contracts$(7,242)Interest Expense$4,726 
Year Ended December 31, 2024
Interest rate contracts$781 Interest Expense$6,355 
(1) Net of tax, adjusted for deferred tax valuation allowance.