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DERIVATIVES (Tables)
12 Months Ended
Dec. 31, 2022
Mortgage Banking [Member]  
Derivative [Line Items]  
Net Gains (Losses) Relating to Derivative Instruments
These derivatives are not designated as hedging instruments. The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below for the periods indicated (dollars in thousands):

        For the Year Ended December 31,
 
  Location   2022     2021     2020  
Gain (loss) on mortgage banking derivatives Net gain (loss) on sales of loans 
 
$
(1,109
)
 
$
(1,792
)
  $ 2,655  
Fair Value of Derivatives in Consolidated Balance Sheets
The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31 (dollars in thousands):

   
December 31, 2022
   
December 31, 2021
 
   
Notional
Amount
   
Fair
Value
   
Notional
Amount
   
Fair
Value
 
Included in other assets:
                       
Forward contracts related to mortgage loans held for sale
 
$
23,500
   
$
186
   
$
   
$
 
Interest rate lock commitments
   
27,348
     
369
     
104,437
     
1,642
 
Total included in other assets
 
$
50,848
   
$
555
   
$
104,437
   
$
1,642
 
                                 
Included in other liabilities:
                               
Forward contracts related to mortgage loans held for sale
 
$
5,615
   
$
128
   
$
93,120
   
$
106
 
Interest rate lock commitments
   
     
     
     
 
Total included in other liabilities
 
$
5,615
   
$
128
   
$
93,120
   
$
106
 
Fair Value Hedging [Member]  
Derivative [Line Items]  
Fair Value of Derivatives in Consolidated Balance Sheets
The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31:

   
2022
   
2021
 
   
Notional
Amount
   
Fair
Value
   
Notional
Amount
   
Fair
Value
 
Included in other liabilities:
                       
Interest rate swaps related to fixed rate loans
 
$
   
$
   
$
9,775
   
$
429
 
Interest rate swaps related to state and municipal securities
                       
Included in other assets:                                
Interest rate swaps related to fixed rate loans
    9,493       482              
Interest rate swaps related to state and municipal securities
    123,760       20,125       123,760       5,686  
Interest Rate Contracts [Member] | Fair Value Hedging [Member]  
Derivative [Line Items]  
Net Gains (Losses) Relating to Derivative Instruments

The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income (Loss) for the periods indicated (dollars in thousands):


      Year Ended December 31,
 
Interest Rate Contracts
Location  
2022
   
2021
    2020
 
Change in fair value of interest rate swaps hedging investment securities
Other noninterest expense   $ 14,439     $ 5,710     $ (25 )
Change in fair value of hedged investment securities
Other noninterest expense  
(14,607 )  
(5,812 )  
77  
                           
Change in fair value of interest rate swaps hedging fixed rate loans
Interest income - Loans  

911
   

498
   
(576 )
Change in fair value of hedged fixed rate loans
Interest income - Loans  

(918
)
 

(512
)
 
580