Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2022

Derivatives and Hedging [Abstract]

Schedule of Derivative Instruments

Asset Derivatives

Liability Derivatives

Balance Sheet

September 30, 

December 31, 

Balance Sheet

September 30, 

December 31, 

Location

2022

2021

Location

2022

2021

(Dollars in thousands)

Interest rate products:

Derivatives not

designated as hedging

instruments

Interest

receivable and

Other assets

$

11,430

$

11,305

Interest payable

and other

liabilities

$

11,431

$

11,322

Derivatives

designated as hedging

instruments

Other assets

-

3

Interest payable

and other

liabilities

6,891

565

Total

$

11,430

$

11,308

$

18,322

$

11,887

Schedule of Cash Flow Hedge on Accumulated Other Comprehensive Income

For the Three Months Ended

For the Nine Months Ended

September 30, 2022

September 30, 2022

Location of

Gain or (Loss)

Recognized

from

Accumulated

Other

Comprehensive

Income into

Income

Gain or

(Loss)

Recognized

in OCI on

Derivative

Gain or

(Loss)

Recognized

in OCI

Included

Component

Gain or

(Loss)

Recognized

in OCI

Excluded

Component

Gain or

(Loss)

Recognized

in OCI on

Derivative

Gain or

(Loss)

Recognized

in OCI

Included

Component

Gain or

(Loss)

Recognized

in OCI

Excluded

Component

(Dollars in thousands)

Derivatives in Cash Flow Hedging Relationships:

Interest Rate Products

Interest Income

$

(6,891)

$

(6,891)

$

-

$

(6,891)

$

(6,891)

$

-

Interest Rate Products

Interest expense

(185)

(185)

-

3,855

$

3,855

-

$

(7,076)

$

(7,076)

$

-

$

(3,036)

$

(3,036)

$

-