v3.26.1
DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2026
DERIVATIVES  
Schedule of offsetting of derivative assets and liabilities Derivative assets and derivative liabilities with the same counterparty are presented on a net basis when master netting agreements are in place. The estimated fair value of derivatives not designated as hedging instruments are as follows (dollars in thousands):

 

June 30, 2026

  ​ ​ ​

Derivative 

  ​ ​ ​

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

8,724

$

8,724

Less: master netting arrangements

 

(270)

 

(270)

Less: cash collateral applied

 

(8,130)

 

Net amount

$

324

$

8,454

 

December 31, 2025

  ​ ​ ​

Derivative 

  ​ ​ ​

Derivative 

 

Assets

 

Liabilities

Gross interest rate swaps

$

7,919

$

7,919

Less: master netting arrangements

 

(572)

 

(572)

Less: cash collateral applied

 

(6,480)

 

Net amount

$

867

$

7,347