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Derivatives (Tables)
 9 Months Ended
Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Balance Sheet Category and Fair Values of the Derivative Instruments
The table below identifies the balance sheet category and fair value of the Company's derivative instruments as of September 30, 2023 and December 31, 2022. The Company has a minimum collateral posting threshold with its derivative counterparty. If the Company had breached any provisions under the agreement at September 30, 2023, it could have been required to settle its obligations under the agreement at the termination value.
September 30, 2023December 31, 2022
(dollars in thousands)Notional
Amount		Fair ValueBalance Sheet
Category		Notional
Amount		Fair ValueBalance Sheet
Category
Derivatives not designated as hedging instruments in an asset position
Interest rate product$654,757 $41,787 Other assets$396,024 $31,039 Other assets
Credit risk participation agreements49,480 1 Other liabilities— — N/A
Mortgage banking derivatives— — N/A6,963 93 Other assets
Total$704,237 $41,788 $402,987 $31,132 
Derivatives not designated as hedging instruments in a liability position
Interest rate product$654,757 $41,637 Other liabilities$396,024 $30,065 Other liabilities
Credit risk participation agreements— — N/A25,902 2 Other liabilities
Total$654,757 $41,637 $421,926 $30,067 
Schedule of the Effect of Derivative Financial Instruments on the Consolidated Statements of Operations
The table below presents the effect of the Company's derivative financial instruments on the consolidated statements of income for the three and nine months ended September 30, 2023 and 2022:
The Effect of Derivatives Not Designated as Hedging Instruments in the Consolidated Statements of Income
Amount of Gain (Loss) Recognized in Income on Derivatives
Location of Gain (Loss) Recognized in Income on DerivativesThree Months Ended September 30,Nine Months Ended September 30,
(dollars in thousands)2023202220232022
Interest rate productsOther income / (other expense)$3,027 $837 $3,735 $2,299 
Mortgage banking derivativesGain on sale of loans— (90)— (619)
Total$3,027 $747 $3,735 $1,680