Derivatives and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivatives, Fair Value and Classification

The tables below present a summary of the Company's derivative financial instruments, notional amounts and fair values for the periods presented:    

	As of December 31, 2024
(Dollars in thousands)	Asset Notional Amount		Asset Derivatives(1)(2)		Liability Notional Amount		Liability Derivatives(1)(2)
Derivatives designated as hedging instruments
Interest-rate positions:
Interest-rate swaps - loans	$	—	$	—	$	100,000	$	336
Total cash flow hedge interest-rate swaps	$	—	$	—	$	100,000	$	336
Derivatives not subject to hedge accounting
Customer related positions:
Loan level derivatives - pay floating, receive fixed	$	—	$	—	$	3,212	$	321
Loan level derivatives - pay fixed, receive floating	3,212		321		—		—
Risk participation agreements sold	—		—		46,387		25
Total derivatives not subject to hedge accounting	$	3,212	$	321	$	49,599	$	346

	As of December 31, 2023
(Dollars in thousands)	Asset Notional Amount		Asset Derivatives(1)(2)		Liability Notional Amount		Liability Derivatives(1)(2)
Derivatives designated as hedging instruments
Interest-rate positions:
Interest-rate swaps - loans	$	—	$	—	$	100,000	$	760
Total cash flow hedge interest-rate swaps	$	—	$	—	$	100,000	$	760
Derivatives not subject to hedge accounting
Customer related positions:
Loan level derivatives - pay floating, receive fixed	$	—	$	—	$	7,524	$	630
Loan level derivatives - pay fixed, receive floating	7,524		630		—		—
Risk participation agreements sold	—		—		46,910		65
Total back-to-back interest-rate swaps	$	7,524	$	630	$	54,434	$	695

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(1)    Accrued interest balances related to the Company’s interest rate swaps are not included in the fair values above and are immaterial.

(2)    The assets and liabilities related to the pay fixed, receive floating interest-rate contracts are subject to a master netting agreement and are presented net in the Consolidated Balance Sheet.

Schedule of Derivative Assets at Fair Value

The table below presents the carrying amount of hedged items and cumulative fair value hedging basis adjustments for the periods presented:

		As of December 31, 2024				December 31, 2023
(Dollars in thousands)	Balance Sheet Location of Hedged Item	Carrying Amount of Hedged Assets		Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets		Carrying Amount of Hedged Assets		Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets
Interest-rate swaps - loans	Loans	$	100,305	$	305	$	100,755	$	755

The table below presents the gains (losses) from interest rate derivatives accounted for as fair value hedges and the related hedged items during the periods indicated:

		Year ended
(Dollars in thousands)	Affected Income Statement Line Item	December 31, 2024		December 31, 2023
Derivatives designated as fair value hedges:
Fair value adjustments on derivatives	Net interest income	$	424	$	(760)
Fair value adjustments on hedged instrument	Net interest income	(451)		755
Total		$	(27)	$	(5)