| Schedule of Derivative Instruments |
The details of the Bank's swap agreements are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | December 31, 2025 | March 31, 2025 | | Effective Date | Maturity Date | Variable Index Received | Fixed Rate Paid | Presentation on Consolidated Balance Sheets | Notional Amount | Fair Value | Notional Amount | Fair Value | Notional Amount | Fair Value | | Cash Flow Hedges | | 01/10/2023 | 01/01/2026 | USD-SOFR-OIS COMPOUND | 3.836% | Other Assets | $ | — | | $ | — | | $ | 75,000,000 | | $ | — | | $ | 75,000,000 | | $ | 104,000 | | | | | | | $ | — | | $ | — | | $ | 75,000,000 | | $ | — | | $ | 75,000,000 | | $ | 104,000 | | | Fair Value Hedges | | 03/08/2023 | 03/01/2026 | USD-SOFR-OIS COMPOUND | 4.712% | Other Liabilities | $ | — | | $ | — | | $ | — | | $ | — | | $ | 40,000,000 | | $ | (256,000) | | | 03/08/2023 | 03/01/2027 | USD-SOFR-OIS COMPOUND | 4.402% | Other Liabilities | 30,000,000 | | (190,000) | | 30,000,000 | | (352,000) | | 30,000,000 | | (367,000) | | | 03/08/2023 | 03/01/2028 | USD-SOFR-OIS COMPOUND | 4.189% | Other Liabilities | 30,000,000 | | (312,000) | | 30,000,000 | | (558,000) | | 30,000,000 | | (431,000) | | | 07/12/2023 | 08/01/2025 | USD-SOFR-OIS COMPOUND | 4.703% | Other Liabilities | — | | — | | — | | — | | 50,000,000 | | (66,000) | | | | | | | $ | 60,000,000 | | $ | (502,000) | | $ | 60,000,000 | | $ | (910,000) | | $ | 150,000,000 | | $ | (1,120,000) | | | Total swap agreements | $ | 60,000,000 | | $ | (502,000) | | $ | 135,000,000 | | $ | (910,000) | | $ | 225,000,000 | | $ | (1,016,000) | |
The details of the Bank's cap agreements are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | December 31, 2025 | March 31, 2025 | | Effective Date | Maturity Date | Variable Index Received | Fixed Rate Paid | Presentation on Consolidated Balance Sheets | Notional Amount | Fair Value | Notional Amount | Fair Value | Notional Amount | Fair Value | | Fair Value Hedges | | 07/01/2025 | 07/01/2028 | USD-SOFR-OIS COMPOUND | 4.050% | Other Assets | $ | 50,000,000 | | $ | 212,000 | | $ | 50,000,000 | | $ | 100,000 | | $ | — | | $ | — | | | 07/01/2025 | 07/01/2028 | USD-SOFR-OIS COMPOUND | 4.550% | Other Assets | 50,000,000 | | 120,000 | | 50,000,000 | | 54,000 | | — | | — | | | 03/02/2026 | 03/01/2029 | USD-SOFR-OIS COMPOUND | 3.750% | Other Assets | 50,000,000 | | 489,000 | | — | | — | | — | | — | | | 03/02/2026 | 03/01/2030 | USD-SOFR-OIS COMPOUND | 4.250% | Other Assets | 50,000,000 | | 491,000 | | — | | — | | — | | — | | | Total cap agreements | $ | 200,000,000 | | $ | 1,312,000 | | $ | 100,000,000 | | $ | 154,000 | | $ | — | | $ | — | |
March 31, 2026 there were 19 customer loan swap arrangements in place. This compares to 18 customer loan swap arrangements in place as of December 31, 2025 and 12 customer loan swap arrangements in place as of March 31, 2025. The details of the Bank's customer loan swap arrangements are detailed below: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | December 31, 2025 | March 31, 2025 | | Presentation on Consolidated Balance Sheet | Number of Positions | Notional Amount | Fair Value | Number of Positions | Notional Amount | Fair Value | Number of Positions | Notional Amount | Fair Value | | Pay Fixed, Receive Variable | Other Assets | 7 | $ | 35,380,000 | | $ | 3,585,000 | | 6 | $ | 33,506,000 | | $ | 3,551,000 | | 6 | | $ | 34,398,000 | | $ | 4,078,000 | | | Pay Fixed, Receive Variable | Other Liabilities | 12 | 57,162,000 | | (455,000) | | 12 | 51,139,000 | | (757,000) | | 6 | | 23,731,000 | | (426,000) | | | | 19 | 92,542,000 | | 3,130,000 | | 18 | 84,645,000 | | 2,794,000 | | 12 | | 58,129,000 | | 3,652,000 | | | Receive Fixed, Pay Variable | Other Assets | 12 | 57,162,000 | | 455,000 | | 12 | 51,139,000 | | 757,000 | | 6 | | 23,731,000 | | 426,000 | | | Receive Fixed, Pay Variable | Other Liabilities | 7 | 35,380,000 | | (3,585,000) | | 6 | 33,506,000 | | (3,551,000) | | 6 | | 34,398,000 | | (4,078,000) | | | | 19 | 92,542,000 | | (3,130,000) | | 18 | 84,645,000 | | (2,794,000) | | 12 | | 58,129,000 | | (3,652,000) | | | Total | | 38 | $ | 185,084,000 | | $ | — | | 36 | $ | 169,290,000 | | $ | — | | 24 | | $ | 116,258,000 | | $ | — | |
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