Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Notional Balances and Fair Values of Outstanding Derivative Positions

The following tables provide the outstanding notional balances and fair values of outstanding derivative positions at June 30, 2022 and December 31, 2021.

(Dollars in thousands)	Outstanding Notional  Balance		Asset  Derivative Fair Value		Liability  Derivative Fair Value		Pay Rate (1)	Receive Rate (1)	Remaining Term (2)
June 30, 2022
Pay-fixed interest rate swap (*)	$	—	$	—	$	—	0.20%	USD Fed Funds-H.15		3.2
Risk participation agreements purchased		11,320		1		—	—	4.87%		2.7
Risk participation agreements sold		29,789		—		21	—	5.54%		4.7
Commercial loan interest rate swaps:
Loan customer counterparty		152,111		—		7,217	—	4.55%		5.4
Financial institution counterparty		152,111		7,217		—	4.55%	—		5.4
	$	345,331	$	7,218	$	7,238

(Dollars in thousands)	Outstanding Notional  Balance		Asset  Derivative Fair Value		Liability  Derivative Fair Value		Pay Rate (1)	Receive Rate (1)	Remaining Term (2)
December 31, 2021
Pay-fixed interest rate swap (*)	$	—	$	—	$	—	0.20%	USD Fed Funds-H.15	3.7
Commercial loan interest rate swaps:
Loan customer counterparty		77,587		—		389		4.21%	7.6
Financial institution counterparty		77,587		389		—	4.21%		7.6
	$	155,174	$	389	$	389

(*) Facility terminated on February 18, 2021 (see disclosure narrative on cash flow hedge above).

(1) Weighted average rate.

(2) Weighted average life (in years).