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 Financial Instruments
The following table reflects the notional amount and fair value of derivative instruments not designated as hedging instruments included in the consolidated balance sheets as of June 30, 2026 and December 31, 2025:

June 30, 2026December 31, 2025
Fair ValueFair Value
(dollars in thousands)Notional Amount
Derivative Assets(1)
Derivative Liabilities(2)
Notional Amount
Derivative Assets(1)
Derivative Liabilities(2)
Interest rate contracts(3)
$1,484,123 $7,309 $7,442 $1,322,662 $7,401 $7,642 
Risk participation agreement25,897 — 4 26,030 — 16 
Mortgage derivatives - interest rate lock commitments230,773 3,253 — 201,806 3,365 — 
Mortgage derivatives - forward contracts related to mortgage loans held for sale1,059,049 — 483 1,288,637 — 2,758 
(1)Derivative assets are included in other assets on the consolidated balance sheets.
(2)Derivative liabilities are included in other liabilities on the consolidated balance sheets.
(3)Includes interest rate contracts for client derivatives and offsetting positions.
Schedule of Net Gains (losses) Relating to Free-Standing Derivative Instruments
The net gains (losses) relating to changes in fair value from derivative instruments not designated as hedging instruments are summarized below for the three and six months ended June 30, 2026 and 2025.

Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)Location2026202520262025
Interest rate contracts(1)
Other noninterest income$124 $(109)$108 $(243)
Risk participation agreementOther noninterest income7 (4)12 (13)
Interest rate lock commitmentsMortgage banking activity357 789 (112)4,701 
Forward contracts related to mortgage loans held for saleMortgage banking activity(8,009)(4,368)2,275 (13,030)
(1)Gain (loss) represents net fair value adjustments (including credit related adjustments) for client derivatives and offsetting positions.