Derivatives and Hedging (Tables) |
3 Months Ended |
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Mar. 31, 2023 | |
Derivatives and Hedging [Abstract] | |
Schedule of Derivative Instruments | Asset Derivatives Liability Derivatives Statement of Financial Condition March 31, December 31, Statement of Financial Condition March 31, December 31, Location 2023 2022 Location 2023 2022 (Dollars in thousands) Interest rate products: Derivatives designated as hedging instruments Other assets $ - $ - Interest payable and other liabilities $ 3,883 $ 5,403 Derivatives not designated as hedging instruments Other assets 7,907 11,038 Interest payable and other liabilities 7,908 11,039 Total $ 7,907 $ 11,038 $ 11,791 $ 16,442 |
Schedule of Cash Flow Hedge on Accumulated Other Comprehensive Income | For the Three Months Ended For the Three Months Ended March 31, 2023 March 31, 2022 Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income Gain or (Loss) Recognized in OCI on Derivative Gain or (Loss) Recognized in OCI Included Component Gain or (Loss) Recognized in OCI Excluded Component Gain or (Loss) Recognized in OCI on Derivative Gain or (Loss) Recognized in OCI Included Component Gain or (Loss) Recognized in OCI Excluded Component (Dollars in thousands) Derivatives in Cash Flow Hedging Relationships: Interest Rate Products Interest Expense 1,540 1,540 - 2,655 2,655 - Total $ 1,540 $ 1,540 $ - $ 2,655 $ 2,655 $ - |