The following tables present the impact of derivative instruments and their location within the consolidated statements of income for the periods presented:
| | | | | | | | | | | | | | | Derivative Financial Instruments Not Designated as Hedging Instruments | | Location of Gain (Loss) Recognized in Earnings on Derivatives | | Amount of Gain (Loss) Recognized in Earnings on Derivatives | | (dollars in thousands) | | | | Three Months Ended June 30, 2026 | | | | | | Interest rate lock and forward sale commitments | | Mortgage banking income | | $ | (30) | | | | | | | | | | | | | Loans held for sale | | Other income | | 4 | | | Risk participation agreements | | Other service charges and fees | | 4 | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | | | | Interest rate lock and forward sale commitments | | Mortgage banking income | | (1) | | | | | | | | | | | | | Loans held for sale | | Other income | | 3 | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | Derivative Financial Instruments Not Designated as Hedging Instruments | | Location of Gain (Loss) Recognized in Earnings on Derivatives | | Amount of Gain (Loss) Recognized in Earnings on Derivatives | | (dollars in thousands) | | | | Six Months Ended June 30, 2026 | | | | | | Interest rate lock and forward sale commitments | | Mortgage banking income | | $ | (1) | | | | | | | | Loans held for sale | | Other income | | 7 | | | Risk participation agreements | | Other service charges and fees | | 3 | | | Back-to-back swap agreements | | Other service charges and fees | | 68 | | | | | | | | Six Months Ended June 30, 2025 | | | | | | Interest rate lock and forward sale commitments | | Mortgage banking income | | (43) | | | | | | | | Loans held for sale | | Other income | | 78 | | | | | | | | Back-to-back swap agreements | | Other service charges and fees | | 176 | | | | | | |
| | | | | | | | | | | | | | | Derivative Financial Instruments Designated as Hedging Instruments | | Location of Gain (Loss) Recognized in Earnings on Derivatives | | Amount of Gain (Loss) Recognized in Earnings on Derivatives | | (dollars in thousands) | | | | Three Months Ended June 30, 2026 | | | | | | Interest rate swap | | Interest income | | $ | 413 | | | | | | | | Three Months Ended June 30, 2025 | | | | | | Interest rate swap | | Interest income | | 749 | | | | | | |
| | | | | | | | | | | | | | | Derivative Financial Instruments Designated as Hedging Instruments | | Location of Gain (Loss) Recognized in Earnings on Derivatives | | Amount of Gain (Loss) Recognized in Earnings on Derivatives | | (dollars in thousands) | | | | Six Months Ended June 30, 2026 | | | | | | Interest rate swap | | Interest income | | $ | 831 | | | | | | | | Six Months Ended June 30, 2025 | | | | | | Interest rate swap | | Interest income | | 1,467 | | | | | | |
The following table presents the amounts recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges as of the periods presented:
| | | | | | | | | | | | | | | Line Item in the Consolidated Balance Sheets | |
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| | (dollars in thousands) | | June 30, 2026 | | December 31, 2025 | Investment securities, available-for-sale: | | | | | | Carrying amount of the hedged assets | | $ | 92,040 | | | $ | 92,517 | | | Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets | | (5,510) | | | (4,385) | | | | | | |
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