OFFSETTING ASSETS AND LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2023

OFFSETTING ASSETS AND LIABILITIES

Schedule of Offsetting Assets and Liability

The following tables summarize gross and net information about financial instruments and derivative instruments that are offset in the statement of financial position or that are subject to an enforceable master netting arrangement at June 30, 2023 and December 31, 2022.

	June 30, 2023
	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
(dollars in thousands)							Financial Instruments		Cash Collateral Position
Assets
Interest Rate Swap Derivatives	$	35,660	$	0	$	35,660	$	0	$	(27,965)	$	7,695
Total Assets	$	35,660	$	0	$	35,660	$	0	$	(27,965)	$	7,695
Liabilities
Interest Rate Swap Derivatives	$	35,661	$	0	$	35,661	$	0	$	(90)	$	35,571
Total Liabilities	$	35,661	$	0	$	35,661	$	0	$	(90)	$	35,571

	December 31, 2022
	Gross Amounts of Recognized Assets/Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts presented in the Statement of Financial Position		Gross Amounts Not Offset in the Statement of Financial Position				Net Amount
(dollars in thousands)							Financial Instruments		Cash Collateral Position
Assets
Interest Rate Swap Derivatives	$	36,920	$	0	$	36,920	$	0	$	(34,185)	$	2,735
Total Assets	$	36,920	$	0	$	36,920	$	0	$	(34,185)	$	2,735
Liabilities
Interest Rate Swap Derivatives	$	36,921	$	0	$	36,921	$	0	$	(90)	$	36,831
Total Liabilities	$	36,921	$	0	$	36,921	$	0	$	(90)	$	36,831