Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Financial Instruments

Summary of notional amounts and fair values of derivatives held

	December 31, 2023						December 31, 2022
			Fair Value						Fair Value
	Notional		Asset		Liability		Notional		Asset		Liability
(dollars in thousands)	Amount		Derivatives(1)		Derivatives(2)		Amount		Derivatives(1)		Derivatives(2)
Derivatives designated as hedging instruments:
Interest rate swaps	$	267,500	$	10,861	$	(1,799)	$	267,500	$	7,276	$	(6,840)
Interest rate collars		200,000		703		—		200,000		491		(63)
Derivatives not designated as hedging instruments:
Interest rate swaps		2,753,801		1,204		(521)		2,849,776		3,178		(42,365)
Visa derivative		107,548		—		(2,300)		121,013		—		(851)
Foreign exchange contracts		66		—		—		210		—		—

Schedule of net gains and losses recognized in income related to derivatives in fair value hedging relationships

	Gains (losses) recognized in	Year Ended
	the consolidated statements	December 31,
(dollars in thousands)	of income line item	2023		2022		2021
Gains (losses) on fair value hedging relationships recognized in interest income:
Recognized on interest rate swap	Loans and lease financing	$	3,586	$	8,487	$	(605)
Recognized on hedged item	Loans and lease financing		(3,898)		(8,880)		383

Schedule of amounts related to cumulative basis adjustments for fair value hedges

					Cumulative Amount of Fair Value
					Hedging Adjustment Included in the
	Carrying Amount of the Hedged Asset				Carrying Amount of the Hedged Asset
(dollars in thousands)	December 31, 2023		December 31, 2022		December 31, 2023		December 31, 2022
Line item in the consolidated balance sheets in which the hedged item is included
Loans and leases	$	56,592	$	60,189	$	(10,908)	$	(7,311)

Summary of effect of cash flow hedging relationships

	Year Ended
	December 31,
(dollars in thousands)	2023		2022
Pretax net losses recognized in other comprehensive income on cash flow derivative hedges	$	(940)	$	(6,710)
Pretax net losses reclassified from accumulated other comprehensive income to interest income from loans and lease financing		6,257		297

Summary of impact on pretax earnings of derivatives not designated as hedges

	Net losses recognized	Year Ended
	in the consolidated statements	December 31,
(dollars in thousands)	of income line item	2023		2022		2021
Derivatives Not Designated As Hedging Instruments:
Interest rate swaps	Other noninterest income	$	(518)	$	—	$	—
Visa derivative	Other noninterest income		(7,738)		(707)		(5,909)