Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amount and Fair Value of Mortgage Banking Derivative Financial Instruments

Information related to loan level swaps is set forth in the following table:

	March 31, 2024			December 31, 2023
	(Dollars in thousands)
Interest rate swaps on loans with customers
Notional amount	$	201,405		$	187,192
Weighted average remaining term (years)	5.92			6.24
Receive fixed rate (weighted average)	4.56		%	4.59		%
Pay variable rate (weighted average)	7.48		%	7.50		%
Estimated fair value (1)	$	11,315		$	10,484
	March 31, 2024			December 31, 2023
	(Dollars in thousands)
Interest rate swaps on loans with correspondents
Notional amount	$	201,405		$	187,192
Weighted average remaining term (years)	5.92			6.24
Receive variable rate (weighted average)	4.56		%	7.50		%
Pay fixed rate (weighted average)	7.48		%	4.59		%
Estimated fair value	$	11,315		$	10,484

(1) The net amount of the estimated fair value is disclosed in Other Liabilities on the Consolidated Balance Sheet.

Information related to cash flow hedges is set forth in the following table:

	March 31, 2024			December 31, 2023
	(Dollars in thousands)
Cash flow hedges
Notional amount	$	190,000		$	190,000
Weighted average remaining term (years)	1.97			2.22
Pay fixed rate (weighted average)	3.74		%	3.74		%
Receive variable rate (weighted average)	4.07		%	4.07		%
Estimated fair value	$	3,228		$	1,460