v3.26.1
Note 18 - Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
  

Derivative Assets (1)

  

Derivative Liabilities (2)

 
  

Notional

  

Fair

  

Notional

  

Fair

 

(dollars in thousands)

 

Amount

  

Value

  

Amount

  

Value

 

June 30, 2026

                

Designated as hedging instruments:

                

Cash flow hedges:

                

Interest rate swaps

  200,000   1,046       

Total derivatives designated as hedging instruments

 $200,000  $1,046  $  $ 

Not designated as hedging instruments:

                

Interest rate swaps (1)

 $565,464  $6,933  $581,464  $7,131 

Interest rate lock commitments

  37,966   421       

Forward loan sales commitments

  5,073   62       

To-be-announced mortgage backed securities

        49,500   23 

Total asset derivatives not designated as hedging instruments

 $608,503  $7,416  $630,964  $7,154 

December 31, 2025

                

Designated as hedging instruments:

                

Cash flow hedges:

                

Interest rate swaps

        200,000   19 

Total derivatives designated as hedging instruments

 $  $  $200,000  $19 

Not designated as hedging instruments:

                

Interest rate swaps (3)

 $490,341  $10,454  $507,341  $10,603 

Interest rate lock commitments

  17,985   256       

Forward loan sales commitments

  12,082   248       

To-be-announced mortgage backed securities

        30,500   60 

Total asset derivatives not designated as hedging instruments

 $520,408  $10,958  $537,841  $10,663 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
      

Gains (Losses)

 
  

Gains (Losses)

  

Reclassified

 
  

Recognized in

  

from OCI

 

(dollars in thousands)

 

OCI

  

into Earnings

 

Derivatives designated as hedging instruments

        

For the three months ended June 30, 2026

        

Cash flow hedges:

        

Interest rate swaps

 $278  $ 
         

For the three months ended June 30, 2025

        

Cash flow hedges:

        

Interest rate swaps

 $(147) $ 
         

For the six months ended June 30, 2026

        

Cash flow hedges:

        

Interest rate swaps

 $1,065  $ 
         

For the six months ended June 30, 2025

        

Cash flow hedges:

        

Interest rate swaps

 $(609) $(22)
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
  

Location and Amount of Gains (Losses) Recognized in Income

 
  

Interest Income

  

Interest Expense

 
  

Loans,

  

Investment

     
  

including

  

securities -

  

Short-term

 

(dollars in thousands)

 

fees

  

Taxable

  

borrowings

 

For the three months ended June 30, 2026

            

Total amounts in the Consolidated Statements of Income

 $62,214  $7,258  $2,935 

Fair value hedges:

            

Interest rate swaps

     (1)   

Cash flow hedges:

            

Interest rate swaps

         

For the three months ended June 30, 2025

            

Total amounts in the Consolidated Statements of Income

 $63,853  $5,310  $3,982 

Fair value hedges:

            

Interest rate swaps

     143    

Cash flow hedges:

            

Interest rate swaps

         
             

For the six months ended June 30, 2026

            

Total amounts in the Consolidated Statements of Income

 $120,835  $14,363  $5,292 

Fair value hedges:

            

Interest rate swaps

     (11)   

Cash flow hedges:

            

Interest rate swaps

         

For the six months ended June 30, 2025

            

Total amounts in the Consolidated Statements of Income

 $125,348  $11,017  $6,821 

Fair value hedges:

            

Interest rate swaps

     291    

Cash flow hedges:

            

Interest rate swaps

        (22)
Derivative Instruments, Gain (Loss) [Table Text Block]

(dollars in thousands)

  

Three months ended June 30,

  

Six months ended June 30,

 

Derivatives not designated as hedging instruments

Consolidated Statements of Income Location

 

2026

  

2025

  

2026

  

2025

 

Interest rate swaps

Other noninterest income

 $  $  $  $ 

Interest rate swaps

Mortgage banking

  (96)  191   (50)  378 

Interest rate lock commitments

Mortgage banking

  288   275   237   597 

Forward loan sales commitments

Mortgage banking

  (28)  (190)  (186)  (197)

To-be-announced mortgage backed securities

Mortgage banking

  (280)  (54)  186   (340)

Total gain (loss) from derivatives not designated as hedging instruments

 $(116) $222  $187  $438 
Schedule Of Offsetting Derivative Assets And Liabilities [Table Text Block]
              

Gross Amount

     
              

Not Offset in the

     
              

Consolidated

     
              

Balance Sheets

     
  

Gross Amount

  

Gross Amount

  

Net Amount

         
  

Recognized in the

  

Offset in the

  

Presented in the

         
  

Consolidated

  

Consolidated

  

Consolidated

  

Cash Collateral

     

(dollars in thousands)

 

Balance Sheets

  

Balance Sheets

  

Balance Sheets

  

Pledged (Received)

  

Net Amount

 

June 30, 2026

                    

Derivative assets:

                    

Interest rate swaps − Company (1)

 $1,046  $  $1,046  $(1,032) $14 

Interest rate swaps − dealer bank (1)

  3,594      3,594   352   3,946 

Interest rate swaps − customer (2)

  3,339      3,339      3,339 

To-be-announced mortgage backed securities

               

Total

 $7,979  $  $7,979  $(680) $7,299 

Derivative liabilities:

                    

Interest rate swaps − Company (1)

 $  $  $  $  $ 

Interest rate swaps − dealer bank (1)

  3,395      3,395   490   2,905 

Interest rate swaps − customer (2)

  3,736      3,736      3,736 

To-be-announced mortgage backed securities

  23      23      23 

Total

 $7,154  $  $7,154  $490  $6,664 
              

Gross Amount

     
              

Not Offset in the

     
              

Consolidated

     
              

Balance Sheets

     
  

Gross Amount

  

Gross Amount

  

Net Amount

         
  

Recognized in the

  

Offset in the

  

Presented in the

         
  

Consolidated

  

Consolidated

  

Consolidated

  

Cash Collateral

     

(dollars in thousands)

 

Balance Sheets

  

Balance Sheets

  

Balance Sheets

  

Pledged (Received)

  

Net Amount

 

December 31, 2025

                    

Derivative assets:

                    

Interest rate swaps − Company (1)

 $  $  $  $  $ 

Interest rate swaps − dealer bank (1)

  2,902      2,902   (5,710)  (2,808)

Interest rate swaps − customer (2)

  7,552      7,552      7,552 

To-be-announced mortgage backed securities

               

Total

 $10,454  $  $10,454  $(5,710) $4,744 

Derivative liabilities:

                    

Interest rate swaps − Company (1)

 $19  $  $19  $34  $(15)

Interest rate swaps − dealer bank (1)

  7,567      7,567   (34)  7,601 

Interest rate swaps − customer (2)

  3,036  $   3,036      3,036 

To-be-announced mortgage backed securities

  60      60      60 

Total

 $10,682  $  $10,682  $  $10,682