Derivatives and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts and Fair Value of Derivative Liabilities

The tables below present the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Statement of Financial Condition as of September 30, 2026 and December 31, 2025.


	September 30, 2026
	Derivative Assets(1)				Derivative Liabilities(1)
(dollars in thousands)	Notional Amount		Fair Value		Notional Amount		Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps - variable rate liabilities	$	60,000	$	688	$	—	$	—

Derivatives not designated as hedging instruments:
Interest rate contracts	$	33,143	$	563	$	33,143	$	564
Risk participation agreements	4,833		2		11,096		—

Netting adjustments			—				—


Net derivative amounts			$	1,253			$	564


	December 31, 2025
	Derivative Assets(1)				Derivative Liabilities(1)
(dollars in thousands)	Notional Amount		Fair Value		Notional Amount		Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps - variable rate liabilities	$	60,000	$	1,056	$	20,000	$	19

Derivatives not designated as hedging instruments:
Interest rate contracts	9,000		255		9,000		275
Risk participation agreements	—		—		11,293		—

Netting adjustments			—				—


Net derivative amounts			$	1,311			$	294

(1)Derivative assets and liabilities are reported at fair value in accrued interest receivable and other assets and accrued interest payable and other liabilities, respectively, in the Consolidated Statements of Financial Condition.

Summary of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income

The tables below present the effect of cash flow hedge accounting on AOCI and the Consolidated Statements of Income as of September 30, 2026 and September 30, 2025.


	Three Months Ended September 30, 2026
	Amount of Gain Recognized in OCI				Location of Gain Reclassified from AOCI into Income	Amount of Gain Reclassified from AOCI into Income
(dollars in thousands)	Total		Included Component			Total		Included Component
Derivatives in cash flows hedging relationships:
Interest rate swaps - variable rate liabilities	$	105	$	105	Interest income	$	201	$	201


	Nine Months Ended September 30, 2026

	Amount of Gain Recognized in OCI				Location of Gain Reclassified from AOCI into Income	Amount of Gain Reclassified from AOCI into Income
(dollars in thousands)	Total		Included Component			Total		Included Component
Derivatives in cash flows hedging relationships:
Interest rate swaps - variable rate liabilities	$	505	$	505	Interest income	$	791	$	791


	Three Months Ended September 30, 2025
	Amount of Gain Recognized in OCI				Location of Gain Reclassified from AOCI into Income	Amount of Gain Reclassified from AOCI into Income
(dollars in thousands)	Total		Included Component			Total		Included Component
Derivatives in cash flows hedging relationships:
Interest rate swaps - variable rate liabilities	$	120	$	120	Interest income	$	514	$	514


	Nine Months Ended September 30, 2025
	Amount of Loss Recognized in OCI				Location of Gain Reclassified from AOCI into Income	Amount of Gain Reclassified from AOCI into Income
(dollars in thousands)	Total		Included Component			Total		Included Component
Derivatives in cash flows hedging relationships:
Interest rate swaps - variable rate liabilities	$	(203)	$	(203)	Interest income	$	1,534	$	1,534

Summary of Effect of Company's Derivative Instruments on the Consolidated Statements of Income

The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the Consolidated Statements of Income as of September 30, 2026 and September 30, 2025.


(dollars in thousands)	Location of Income Recognized on Non-designated Hedges	Three Months Ended September 30, 2026		Nine Months Ended September 30, 2026
Effects of non-designated hedges
Interest rate contracts	Other noninterest income	$	14	$	19
Risk participation agreements	Other noninterest expense	$	—	$	—

(dollars in thousands)	Location of Income Recognized on Non-designated Hedges	Three Months Ended September 30, 2025		Nine Months Ended September 30, 2025
Effects of non-designated hedges
Interest rate contracts	Other noninterest expense	$	3	$	(12)
Risk participation agreements	Other noninterest expense	$	—	$	—