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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary 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 (dollars in thousands):

 

June 30, 2022:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair Value

 

 

Liability
Derivative
Fair Value

 

IRLCs

 

$

99,429

 

 

$

1,414

 

 

$

 

Forward mortgage-backed securities trades

 

 

101,500

 

 

 

58

 

 

 

 

 

June 30, 2021:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair Value

 

 

Liability
Derivative
Fair Value

 

IRLCs

 

$

143,879

 

 

$

2,670

 

 

$

 

Forward mortgage-backed securities trades

 

 

165,000

 

 

 

 

 

 

376

 

 

December 31, 2021:

 

Outstanding
Notional
Balance

 

 

Asset
Derivative
Fair
Value

 

 

Liability
Derivative
Fair
Value

 

IRLCs

 

$

85,973

 

 

$

1,279

 

 

$

 

Forward mortgage-backed securities trades

 

 

116,000

 

 

 

 

 

 

147