v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Agreements Not Designated as Hedging Instruments
The following is a summary of the interest rate swap agreement designated as a cash flow hedge:
(dollars in thousands)June 30, 2026December 31, 2025
Notional amount$85,000 $— 
Receive-fixed interest rate3.51 %— %
Pay-variable 1-month term SOFR interest rate3.63 %— %
Time to maturity (in years)4.8— 
Fair value recorded in other liabilities$(1,186)$— 
The interest rate swap agreements not designated as hedging instruments were as follows:
June 30, 2026December 31, 2025
(dollars in thousands)Notional
Amount		Fair
Value		Notional
Amount		Fair
Value
Fair value recorded in other assets:
Interest rate swaps with a commercial borrower counterparty$2,500 $18 $6,344 $75 
Interest rate swaps with a financial institution counterparty67,319 2,783 73,011 2,915 
Total fair value recorded in other assets$69,819 $2,801 $79,355 $2,990 
Fair value recorded in other liabilities:
Interest rate swaps with a commercial borrower counterparty$67,319 $(2,783)$73,011 $(2,915)
Interest rate swaps with a financial institution counterparty2,500 (18)6,344 (75)
Total fair value recorded in other liabilities$69,819 $(2,801)$79,355 $(2,990)
Schedule of the Effect of Interest Rate Swap Agreements Designated as Cash Flow Hedges on the Consolidated Statements of Income
The effect of interest rate swap agreements designated as cash flow hedges on the consolidated statements of income was as follows:
Location of gross gain (loss) reclassified
from accumulated other
comprehensive income (loss) to income		Amounts of gross gain (loss)
reclassified from accumulated
other comprehensive income (loss)		Amounts of gross gain (loss)
reclassified from accumulated
other comprehensive income (loss)
Three Months Ended
June 30,		Six Months Ended
June 30,
(dollars in thousands)2026202520262025
Designated as cash flow hedges:
Taxable loan interest income$(24)$— $(24)$— 
Junior subordinated debentures interest expense$—$2 $—$38 
Schedule of the Effect of Interest Rate Contracts Not Designated as Hedging Instruments Recognized in Other Noninterest Income
The effect of interest rate contracts not designated as hedging instruments recognized in other noninterest income on the consolidated statements of income was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(dollars in thousands)2026202520262025
Not designated as hedging instruments:
Gross gains$729 $1,336 $1,207 $2,985 
Gross losses(729)(1,336)(1,207)(2,985)
Net gains (losses)$— $— $— $— 
Schedule of Risk Participation Agreement The risk participation agreement matures in 2035 and is summarized as follows:
(dollars in thousands)June 30, 2026December 31, 2025
Risk participation agreements sold
Number of risk participation agreements1 1 
Notional amount$5,242 $5,268 
Fair value recorded in other liabilities(10)(10)