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Derivatives (Tables)
3 Months Ended
Mar. 31, 2023
Derivatives  
Schedule of Company's swaps

March 31, 2023

Estimated

Weighted Average

Notional

Fair

Years to

Receive

Pay

(Dollars in thousands)

Amount

Value

Maturity

Rate

Rate

Interest rate swap agreements:

Pay fixed/receive variable swaps

$

19,866

$

1,038

4.0 years

5.54

%

3.39

%

Pay variable/receive fixed swaps

19,866

(1,038)

4.0 years

3.39

%

5.54

%

Total interest rate swap agreements

$

39,732

$

4.0 years

4.47

%

4.47

%

December 31, 2022

Estimated

Weighted Average

Notional

Fair

Years to

Receive

Pay

(Dollars in thousands)

Amount

Value

Maturity

Rate

Rate

Interest rate swap agreements:

Pay fixed/receive variable swaps

$

13,767

$

1,217

2.8 years

6.02

%

2.59

%

Pay variable/receive fixed swaps

13,767

(1,217)

2.8 years

2.59

%

6.02

%

Total interest rate swap agreements

$

27,534

$

2.8 years

4.31

%

4.31

%