Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of amounts of non-hedging derivative financial instruments

The following table shows the amounts of non-hedging derivative financial instruments.

			Asset derivatives			Liability derivatives
(Dollars in thousands)	Notional or contractual amount		Statement of Financial Condition classification	Fair value		Statement of Financial Condition classification	Fair value
March 31, 2023
Interest rate swap contracts	$	866,390	Other assets	$	19,724	Other liabilities	$	20,094
Loan commitments	3,495		Mortgages held for sale	92		N/A	—
Forward contracts - mortgage loan	4,000		N/A	—		Mortgages held for sale	16
Total	$	873,885		$	19,816		$	20,110
December 31, 2022
Interest rate swap contracts	$	881,600	Other assets	$	24,838	Other liabilities	$	25,307
Loan commitments	2,638		Mortgages held for sale	67		N/A	—
Forward contracts - mortgage loan	3,750		Mortgages held for sale	24		N/A	—
Total	$	887,988		$	24,929		$	25,307

Schedule of amounts included in the consolidated statements of income for non-hedging derivative financial instruments

The following table shows the amounts included in the Consolidated Statements of Income for non-hedging derivative financial instruments.

		Gain (loss)
		Three Months Ended March 31,
(Dollars in thousands)	Statement of Income classification	2023		2022
Interest rate swap contracts	Other expense	$	99	$	237
Interest rate swap contracts	Other income	195		—
Loan commitments	Mortgage banking	25		(165)
Forward contracts - mortgage loan	Mortgage banking	(40)		211
Total		$	279	$	283

Schedule of offsetting of financial assets and derivative assets

The following table shows the offsetting of financial assets and derivative assets.

							Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Assets Presented in the Statement of Financial Condition		Financial Instruments		Cash Collateral Received		Net Amount
March 31, 2023
Interest rate swaps	$	19,724	$	—	$	19,724	$	—	$	20,155	$	(431)
December 31, 2022
Interest rate swaps	$	24,838	$	—	$	24,838	$	—	$	25,295	$	(457)

Schedule of offsetting of financial liabilities and derivative liabilities

The following table shows the offsetting of financial liabilities and derivative liabilities.

							Gross Amounts Not Offset in the Statement of Financial Condition
(Dollars in thousands)	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Condition		Net Amounts of Liabilities Presented in the Statement of Financial Condition		Financial Instruments		Cash Collateral Pledged		Net Amount
March 31, 2023
Interest rate swaps	$	20,094	$	—	$	20,094	$	—	$	—	$	20,094
Repurchase agreements	73,396		—		73,396		73,396		—		—
Total	$	93,490	$	—	$	93,490	$	73,396	$	—	$	20,094
December 31, 2022
Interest rate swaps	$	25,307	$	—	$	25,307	$	—	$	—	$	25,307
Repurchase agreements	141,432		—		141,432		141,432		—		—
Total	$	166,739	$	—	$	166,739	$	141,432	$	—	$	25,307