XML 69 R51.htm IDEA: XBRL DOCUMENT v3.25.0.1
DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments
The Company presents derivative position gross on the balance sheet. The following table reflects the fair value of derivatives recorded on the Consolidated Balance Sheets as of the dates noted:
December 31, 2024December 31, 2023
(dollars in thousands)Notional AmountFair ValueNotional AmountFair Value
Included in other assets:
Derivatives designated as hedges:
Interest rate swaps - cash flow hedge$50,000 $129 $50,000 $77 
Derivatives not designated as hedging instruments:
Interest rate swaps related to customer loans70,353 931 30,325 686 
Total included in other assets$1,060 $763 
Included in other liabilities:
Derivatives designated as hedges:
Interest rate swaps - cash flow hedge$— $— $— $— 
Derivatives not designated as hedging instruments:
Interest rate swaps related to customer loans70,353 956 30,325 740 
Total included in other liabilities$956 $740 
The effect of cash flow hedge accounting on accumulated other comprehensive income for the years ended December 31, 2024 and 2023 were as follows:
December 31, 2024December 31, 2023
(dollars in thousands)Unrealized Gain (Loss) Recorded in OCI on DerivativeLocation of Gain (Loss) Reclassified from OCI into IncomeAmount of Gain (Loss) Reclassified from OCI into IncomeUnrealized Gain (Loss) Recorded in OCI on DerivativeLocation of Gain (Loss) Reclassified from OCI into IncomeAmount of Gain (Loss) Reclassified from OCI into Income
Interest rate contracts$39 $— $— $58 $— $—