v3.26.1
Mortgage Banking Derivatives (Tables)
6 Months Ended
Jun. 30, 2026
Mortgage Banking [Abstract]  
Summary of Notional Amount and Fair Value of Mortgage Banking Derivatives

The following table reflects the notional amount and fair value of mortgage banking derivatives included in the balance sheet at fair value as of June 30, 2026 and December 31, 2025.

 

 

Notional Amount

 

 

Fair Value

 

 

(dollars in thousands)

 

Balance at June 30, 2026

 

 

 

 

 

Included in mortgage banking derivative assets:

 

 

 

 

 

Interest rate lock commitments

$

35,439

 

 

$

775

 

Forward sales commitments

 

3,927

 

 

 

108

 

Included in mortgage banking derivative liabilities:

 

 

 

 

 

To-be-announced mortgage-backed securities trades

 

41,500

 

 

 

26

 

 

 

 

 

 

 

Balance at December 31, 2025

 

 

 

 

 

Included in mortgage banking derivative assets:

 

 

 

 

 

Interest rate lock commitments

$

25,267

 

 

$

845

 

Forward sales commitments

 

3,452

 

 

 

38

 

Included in mortgage banking derivative liabilities:

 

 

 

 

 

To-be-announced mortgage-backed securities trades

 

22,250

 

 

 

58