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DERIVATIVE HEDGING INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2025
DERIVATIVE HEDGING INSTRUMENTS  
Schedule of interest rate swap transactions

The following tables summarize the interest rate swap transactions that impacted the Company’s 2025 and 2024 performance (in thousands, except percentages).

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AT DECEMBER 31, 2025

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​

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​

​

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INCREASE

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​

​

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AGGREGATE

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WEIGHTED

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​

(DECREASE)

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​

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NOTIONAL

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AVERAGE RATE

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REPRICING

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IN INTEREST

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HEDGE TYPE

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AMOUNT

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RECEIVED/(PAID)

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FREQUENCY

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INCOME

Swap assets

  ​ ​ ​

N/A

  ​ ​ ​

$

60,778

  ​ ​ ​

6.57

%  

Monthly

  ​ ​ ​

$

1,180

Swap liabilities

 

N/A

​

 

(60,778)

 

(6.57)

 

Monthly

​

 

(1,180)

Net exposure

 

​

​

$

—

 

—

%

  ​

​

$

—

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​

​

​

​

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​

​

​

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AT DECEMBER 31, 2024

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​

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INCREASE

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​

​

​

AGGREGATE

​

WEIGHTED

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​

​

(DECREASE)

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​

​

​

NOTIONAL

​

AVERAGE RATE

​

REPRICING

​

IN INTEREST

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​

HEDGE TYPE

​

AMOUNT

​

RECEIVED/(PAID)

​

FREQUENCY

​

INCOME

Swap assets

  ​ ​ ​

N/A

  ​ ​ ​

$

66,476

  ​ ​ ​

7.52

%  

Monthly

  ​ ​ ​

$

1,968

Swap liabilities

 

N/A

​

 

(66,476)

 

(7.52)

 

Monthly

​

 

(1,968)

Net exposure

 

​

​

$

—

 

—

%

  ​

​

$

—

Schedule of cash flow hedges accumulated other comprehensive loss

The following table summarizes the effect of the effective portion of the Company’s cash flow hedge accounting on accumulated other comprehensive loss for the years ended December 31, 2025 and 2024 (in thousands).

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YEAR ENDED DECEMBER 31, 2025

DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS

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AMOUNT RECOGNIZED IN OTHER COMPREHENSIVE INCOME (LOSS) ON DERIVATIVES

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LOCATION ON CONSOLIDATED STATEMENTS OF OPERATIONS OF RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

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AMOUNT RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

Interest rate hedge

​

$

52

  ​ ​ ​

Interest expense - Deposits

  ​ ​ ​

$

(28)

Total

​

$

52

​

​

 

$

(28)

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​

​

​

​

​

​

​

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YEAR ENDED DECEMBER 31, 2024

DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS

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AMOUNT RECOGNIZED IN OTHER COMPREHENSIVE INCOME (LOSS) ON DERIVATIVES

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LOCATION ON CONSOLIDATED STATEMENTS OF OPERATIONS OF RECLASSIFICATION FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

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AMOUNT RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE LOSS

Interest rate hedge

​

$

275

  ​ ​ ​

Interest expense - Deposits

  ​ ​ ​

$

(687)

Total

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$

275

​

​

 

$

(687)