Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Credit Value Adjustment Recorded Related to Notional Amount Of Derivatives Outstanding

The following table depicts the credit value and fair value adjustments recorded related to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks:

	June 30, 2025		December 31, 2024
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Interest rate derivatives:
Credit value adjustment	$	(212)	$	(59)
Notional amount:
Interest rate derivatives	1,039,080		966,978
Interest rate caps	51,067		28,950
Interest rate collars	524		524
Risk participation agreements	156,136		179,959
Sold credit protection on risk participation agreements	(158,411)		(151,079)
Interest rate options	56,601		60,934
Interest rate forwards:
Fair value adjustment	(343)		398
Notional amount	46,000		60,000
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	(4,086)		(10,754)
Notional amount	315,000		465,000

Schedule of Changes in Fair Value of Derivative Assets and Liabilities

The table below presents the change in the fair value of derivative assets and derivative liabilities attributable to credit risk or fair value changes included in "Other income", "Other expense," "Interest on subordinated debentures" or "Interest and fees on loans" in the unaudited Consolidated Statements of Income:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
	(dollars in thousands)
Non-hedging interest rate derivatives
(Decrease) increase in other income	$	(8)	$	13	$	303	$	296
Non-hedging interest rate forwards
(Decrease) increase in other income	(614)		206		(741)		408
Hedging interest rate derivatives
Decrease in interest and fees on loans	(2,944)		(5,907)		(6,905)		(12,202)
Decrease in interest from subordinated debentures	(312)		(724)		(622)		(1,447)