Derivatives (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Credit Value Adjustment Recorded Related to Notional Amount Of Derivatives Outstanding

The following table depicts the credit value and fair value adjustments recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks:


	March 31, 2026		December 31, 2025
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Interest rate derivatives:
Credit value adjustment	$	(191)	$	(185)
Notional amount:
Interest rate derivatives	992,194		1,000,541
Interest rate caps	36,317		50,525
Interest rate collars	6,516		2,022
Risk participation agreements	173,676		158,646
Sold credit protection on risk participation agreements	(168,683)		(151,858)
Interest rate options	61,187		48,143
Interest rate forwards:
Fair value adjustment	268		(133)
Notional amount	54,000		49,000
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	401		(766)
Notional amount	215,000		215,000

Schedule of Changes in Fair Value of Derivative Assets and Liabilities

The table below presents the change in the fair value of derivative assets and derivative liabilities attributable to credit risk or fair value changes included in "Other income", "Other expense," "Interest on subordinated debentures" or "Interest and fees on loans" in the unaudited Consolidated Statements of Income:


	For the Three Months Ended March 31,
			2026		2025
		(dollars in thousands)
Non-hedging interest rate derivatives
(Decrease) increase in other income			$	(189)	$	311

Non-hedging interest rate forwards
Increase (decrease) in other income			401		(669)

Hedging interest rate derivatives
(Decrease) increase in interest and fees on loans			(1,307)		(3,961)
(Decrease) increase in interest from subordinated debentures			(243)		(311)