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Derivatives (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Financial Instruments
The following tables provide details on the Company’s non-designated derivative financial instruments as of the dates presented:
March 31, 2025
Notional AmountAssetLiability
  Interest rate contracts$528,367 $24,081 $24,144 
  Forward commitments204,000 — 428 
  Interest rate-lock commitments118,200 2,069 — 
  Futures contracts214,500 — 49 
    Total$1,065,067 $26,150 $24,621 
 December 31, 2024
 Notional AmountAssetLiability
  Interest rate contracts$565,152 $29,298 $29,377 
  Forward commitments140,000 — 
  Interest rate-lock commitments65,687 647 — 
  Futures contracts217,000 — 3,006 
    Total$987,839 $29,951 $32,383 
Schedule of Gains (Losses) Included in the Consolidated Statements of Income Related to Derivative Financial Instruments
Gains (losses) included in the consolidated statements of income related to the Company’s non-designated derivative financial instruments were as follows:
Three Months Ended March 31,
 2025 2024 
Included in mortgage banking income:
  Interest rate lock commitments$1,421 $869 
  Forward commitments(209)100 
  Futures contracts2,311 (2,997)
    Total$3,523 $(2,028)
Schedule of Offsetting Assets
Gross amounts not offset on the consolidated balance sheets
Gross amounts recognizedGross amounts offset on the consolidated balance sheetsNet amounts presented on the consolidated balance sheetsFinancial instrumentsFinancial collateral pledgedNet Amount
March 31, 2025
Derivative financial assets$21,872 $— $21,872 $2,260 $— $19,612 
Derivative financial liabilities$8,754 $— $8,754 $2,260 $6,494 $— 
December 31, 2024
Derivative financial assets$28,379 $— $28,379 $1,030 $— $27,349 
Derivative financial liabilities$9,144 $— $9,144 $1,030 $8,114 $— 
Schedule of Offsetting Liabilities
Gross amounts not offset on the consolidated balance sheets
Gross amounts recognizedGross amounts offset on the consolidated balance sheetsNet amounts presented on the consolidated balance sheetsFinancial instrumentsFinancial collateral pledgedNet Amount
March 31, 2025
Derivative financial assets$21,872 $— $21,872 $2,260 $— $19,612 
Derivative financial liabilities$8,754 $— $8,754 $2,260 $6,494 $— 
December 31, 2024
Derivative financial assets$28,379 $— $28,379 $1,030 $— $27,349 
Derivative financial liabilities$9,144 $— $9,144 $1,030 $8,114 $—