Derivatives (Tables)

12 Months Ended

Dec. 31, 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 adjustments recorded relative to the notional amount of derivatives outstanding as well as the notional amount of risk participation agreements participated to other banks at December 31:

	2025		2024
	(dollars in thousands)
Derivatives not Designated as Hedging Instruments
Credit value adjustment	$	(185)	$	(59)
Notional Amount:
Interest rate derivatives	1,000,541		966,978
Interest rate caps	50,525		28,950
Interest rate collars	2,022		524
Risk participation agreements	158,646		179,959
Sold credit protection on risk participation agreements	(151,858)		(151,079)
Interest rate options	48,143		60,934
Interest rate forwards:
Fair value adjustment	(133)		398
Notional Amount	49,000		60,000
Derivatives Designated as Hedging Instruments
Interest rate swaps:
Fair value adjustment	(766)		(10,754)
Notional Amount	215,000		465,000

Schedule of Change 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 Consolidated Statements of Income for the years ended December 31:

	2025		2024		2023
	(dollars in thousands)
Non-hedging interest rate derivatives:
Increase in other income	$	185	$	218	$	922
Non-hedging interest rate forwards:
(Decrease) increase in other income	(531)		750		(415)
Hedging interest rate derivatives:
Decrease in interest and fees on loans	(10,898)		(22,503)		(21,647)
Decrease in interest from subordinated debentures	(1,220)		(2,369)		(2,658)