v3.26.1
Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table depicts the fair value adjustment recorded related to the notional amount of derivatives, not designated as hedging instruments, outstanding as well as the notional amount of the interest rate swap agreements:

Derivatives Not Designated as Hedging Instruments - Interest Rate Swap Agreements
June 30, 2026December 31, 2025
Fair value adjustment included in other assets $3,493 $3,343 
Fair value adjustment included in other liabilities3,493 3,343 
Notional amount116,365 118,602 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following tables indicate the effect of cash flow hedge accounting on accumulated other comprehensive income (“AOCI”) and on the consolidated statement of income.


Derivatives Designated as Hedging Instruments - Cash Flow Hedge Agreements
June 30, 2026December 31, 2025
Fair value adjustment included in other assets$464 $551 

Three Months EndedThree Months EndedSix Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Amount of gain (loss) recognized in AOCI$156 $(91)$564 $(682)
Amount of gain reclassified from AOCI interest expense118 337 248 524 
The following tables indicate the effect of cash flow hedge accounting on accumulated other comprehensive income (“AOCI”) and on the consolidated statement of income.
Derivatives Designated as Hedging Instruments - Cash Flow Hedge Agreements
June 30, 2026December 31, 2025
Fair value adjustment included in other liabilities$— $1,639 
Fair value adjustment included in other assets1,554 — 


Three Months EndedThree Months EndedSix Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Amount of gain (loss) recognized in AOCI$903 $(38)$1,975 $(738)
Amount of (loss) gain reclassified from AOCI interest expense(172)21 (324)47 
The following tables indicate the effect of cash flow hedge accounting on AOCI and on the consolidated statement of income.

Derivatives Designated as Hedging Instruments - Cash Flow Hedge Agreements
Three Months EndedThree Months EndedSix Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Fair value adjustment included in other assets$4,514 $4,623 $4,514 $4,623 
Amount of (loss) recognized in AOCI71 (78)(192)(342)
Amount of (loss) gain reclassified from AOCI to interest expense(4)200 (273)417