v3.26.1
DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of the location of all assets and liabilities associated with derivative instruments within the consolidated balance sheets
The following tables present the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets as of the dates presented:

Derivative Financial Instruments Not Designated as Hedging InstrumentsAsset DerivativesLiability Derivatives
Fair Value atFair Value at
(dollars in thousands)Balance Sheet LocationJune 30,
2026
December 31,
2025
June 30,
2026
December 31,
2025
Interest rate lock and forward sale commitmentsOther assets / other liabilities$— $— $$
Risk participation agreementsOther assets / other liabilities— — — 
Back-to-back swap agreementsOther assets / other liabilities2,878 3,045 2,878 3,045 
Derivative Financial Instruments Designated as Hedging InstrumentsAsset DerivativesLiability Derivatives
Fair Value atFair Value at
(dollars in thousands)Balance Sheet LocationJune 30,
2026
December 31,
2025
June 30,
2026
December 31,
2025
Interest rate swapOther assets / other liabilities$5,242 $4,163 $— $— 
Schedule of the impact of derivative instruments and their location within the consolidated statements of income
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 commitmentsMortgage banking income$(30)
Loans held for saleOther income
Risk participation agreementsOther service charges and fees
Three Months Ended June 30, 2025
Interest rate lock and forward sale commitmentsMortgage banking income(1)
Loans held for saleOther income
Derivative Financial Instruments
Not Designated as Hedging Instruments
Location of Gain (Loss)
Recognized in
Earnings on Derivatives
Amount of Gain (Loss)
Recognized in
Earnings on Derivatives
(dollars in thousands)
Six Months Ended June 30, 2026
Interest rate lock and forward sale commitmentsMortgage banking income$(1)
Loans held for saleOther income
Risk participation agreementsOther service charges and fees
Back-to-back swap agreementsOther service charges and fees68 
Six Months Ended June 30, 2025
Interest rate lock and forward sale commitmentsMortgage banking income(43)
Loans held for saleOther income78 
Back-to-back swap agreementsOther service charges and fees176 
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 swapInterest income$413 
Three Months Ended June 30, 2025
Interest rate swapInterest income749 
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 swapInterest income$831 
Six Months Ended June 30, 2025
Interest rate swapInterest income1,467 
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


(dollars in thousands)June 30, 2026December 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)