Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of amounts of non-hedging derivative financial instruments

The following table shows the amounts of non-hedging derivative financial instruments at December 31, 2023 and 2022.

			Asset derivatives			Liability derivatives
(Dollars in thousands)	Notional or contractual amount		Statement of Financial Condition classification	Fair value		Statement of Financial Condition classification	Fair value
Interest rate swap contracts	$	1,085,618	Other assets	$	22,704	Other liabilities	$	23,140
Loan commitments	2,824		Mortgages held for sale	107		N/A	—
Forward contracts - mortgage loan	3,500		N/A	—		Mortgages held for sale	16
Total - December 31, 2023	$	1,091,942		$	22,811		$	23,156
Interest rate swap contracts	$	881,600	Other assets	$	24,838	Other liabilities	$	25,307
Loan commitments	2,638		Mortgages held for sale	67		N/A	—
Forward contracts - mortgage loan	3,750		Mortgages held for sale	24		N/A	—
Total - December 31, 2022	$	887,988		$	24,929		$	25,307

Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments

The following table shows the amounts included on the Consolidated Statements of Income for non-hedging derivative financial instruments at December 31, 2023, 2022 and 2021.

		Gain (loss)
(Dollars in thousands)	Statement of Income classification	2023		2022		2021
Interest rate swap contracts	Other expense	$	33	$	(32)	$	591
Interest rate swap contracts	Other income	1,310		83		410
Loan commitments	Mortgage banking	40		(385)		(1,035)
Forward contracts - mortgage loan	Mortgage banking	(40)		35		279
Total		$	1,343	$	(299)	$	245

Schedule of offsetting of financial assets and derivative assets

The following table shows the offsetting of financial assets and derivative assets at December 31, 2023 and 2022.

							Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Assets Presented in the Statement of Financial Condition		Financial Instruments		Cash Collateral Received		Net Amount
December 31, 2023
Interest rate swaps	$	22,704	$	—	$	22,704	$	—	$	10,795	$	11,909
December 31, 2022
Interest rate swaps	$	24,838	$	—	$	24,838	$	—	$	25,295	$	(457)

Schedule of offsetting of financial liabilities and derivative liabilities

The following table shows the offsetting of financial liabilities and derivative liabilities at December 31, 2023 and 2022.

							Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Liabilities Presented in the Statement of Financial Condition		Financial Instruments		Cash Collateral Pledged		Net Amount
December 31, 2023
Interest rate swaps	$	23,140	$	—	$	23,140	$	—	$	—	$	23,140
Repurchase agreements	55,809		—		55,809		55,809		—		—
Total	$	78,949	$	—	$	78,949	$	55,809	$	—	$	23,140
December 31, 2022
Interest rate swaps	$	25,307	$	—	$	25,307	$	—	$	—	$	25,307
Repurchase agreements	141,432		—		141,432		141,432		—		—
Total	$	166,739	$	—	$	166,739	$	141,432	$	—	$	25,307