Derivative Financial Instruments (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Derivative Instruments and Hedging Activities Disclosure [Abstract] |
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| Schedule of amounts of non-hedging derivative financial instruments |
The following table shows the amounts of non-hedging derivative financial instruments. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Asset derivatives | | Liability derivatives | | (Dollars in thousands) | | Notional or contractual amount | | Statement of Financial Condition classification | | Fair value | | Statement of Financial Condition classification | | Fair value | | June 30, 2026 | | | | | | | | | | | | Interest rate swap contracts | | $ | 1,338,448 | | | Other assets | | $ | 11,414 | | | Other liabilities | | $ | 11,624 | | | Loan commitments | | 3,839 | | | Mortgages held for sale | | 110 | | | N/A | | — | | | Forward contracts - mortgage loan | | 4,250 | | | N/A | | — | | | Mortgages held for sale | | 3 | | | Total | | $ | 1,346,537 | | | | | $ | 11,524 | | | | | $ | 11,627 | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | Interest rate swap contracts | | $ | 1,242,696 | | | Other assets | | $ | 16,486 | | | Other liabilities | | $ | 16,798 | | | Loan commitments | | 8,208 | | | Mortgages held for sale | | 153 | | | N/A | | — | | | Forward contracts - mortgage loan | | 10,000 | | | N/A | | — | | | Mortgages held for sale | | 21 | | | Total | | $ | 1,260,904 | | | | | $ | 16,639 | | | | | $ | 16,819 | |
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| Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments |
The following table shows the amounts included in the Consolidated Statements of Income for non-hedging derivative financial instruments. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gain (loss) | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | (Dollars in thousands) | | Statement of Income classification | | 2026 | | 2025 | | 2026 | | 2025 | | Interest rate swap contracts | | Other expense | | $ | 49 | | | $ | (23) | | | $ | 101 | | | $ | (44) | | | Interest rate swap contracts | | Other income | | 491 | | | 426 | | | 707 | | | 877 | | | Loan commitments | | Mortgage banking | | (45) | | | 20 | | | (43) | | | 102 | | | Forward contracts - mortgage loan | | Mortgage banking | | (40) | | | (43) | | | 18 | | | (68) | | | Total | | | | $ | 455 | | | $ | 380 | | | $ | 783 | | | $ | 867 | |
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| Schedule of offsetting of financial assets and derivative assets |
The following table shows the offsetting of financial assets and derivative assets. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts Not Offset in the Statement of Financial Condition | | | | (Dollars in thousands) | | Gross Amounts of Recognized Assets | | Gross Amounts Offset in the Statement of Financial Condition | | Net Amounts of
Assets Presented in
the Statement of Financial Condition | | Financial Instruments | | Cash Collateral Received | | Net Amount | | June 30, 2026 | | | | | | | | | | | | | | Interest rate swaps | | $ | 11,414 | | | $ | — | | | $ | 11,414 | | | $ | — | | | $ | 1,135 | | | $ | 10,279 | | | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | | Interest rate swaps | | $ | 16,486 | | | $ | — | | | $ | 16,486 | | | $ | — | | | $ | 105 | | | $ | 16,381 | |
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| Schedule of offsetting of financial liabilities and derivative liabilities |
The following table shows the offsetting of financial liabilities and derivative liabilities. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amounts Not Offset in the Statement of Financial Condition | | | | (Dollars in thousands) | | Gross Amounts of Recognized Liabilities | | Gross Amounts Offset in the Statement of Financial Condition | | Net Amounts of Liabilities Presented in the Statement of Financial Condition | | Financial Instruments | | Cash Collateral Pledged | | Net Amount | | June 30, 2026 | | | | | | | | | | | | | | Interest rate swaps | | $ | 11,624 | | | $ | — | | | $ | 11,624 | | | $ | — | | | $ | — | | | $ | 11,624 | | | Repurchase agreements | | 63,494 | | | — | | | 63,494 | | | — | | | — | | | 63,494 | | | Total | | $ | 75,118 | | | $ | — | | | $ | 75,118 | | | $ | — | | | $ | — | | | $ | 75,118 | | | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | | Interest rate swaps | | $ | 16,798 | | | $ | — | | | $ | 16,798 | | | $ | — | | | $ | 6,230 | | | $ | 10,568 | | | Repurchase agreements | | 62,470 | | | — | | | 62,470 | | | 62,470 | | | — | | | — | | | Total | | $ | 79,268 | | | $ | — | | | $ | 79,268 | | | $ | 62,470 | | | $ | 6,230 | | | $ | 10,568 | |
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