XML 38 R26.htm IDEA: XBRL DOCUMENT v3.25.1
Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Of Derivative Instruments
The following table summarizes the notional and fair value of these derivative instruments (in thousands):
March 31, 2025December 31, 2024
Notional AmountFair ValueNotional AmountFair Value
Non-hedging interest rate derivatives:
Customer counterparties:
Loan interest rate swap - assets$138,562 $2,467 $43,075 $1,264 
Loan interest rate swap - liabilities602,523 40,499 623,844 49,993 
Non-hedging interest rate derivatives:
Financial institution counterparties:
Loan interest rate swap - assets539,526 41,420 641,844 51,075 
Loan interest rate swap - liabilities143,497 2,467 43,075 1,264 
Change In Fair Value Of Derivative Instruments
The following table summarizes the change in fair value of these derivative instruments (in thousands):
 Three months ended March 31,
20252024
Change in Fair Value Non-Hedging Interest Rate Derivatives:  
Other (expense) income - derivative assets$(8,004)$6,866 
Other income (expense) - derivative liabilities8,004 (6,866)
Other (expense) income - derivative liabilities(160)92 
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following table summarizes the financial statement impact of these derivative instruments (in thousands):

March 31, 2025December 31, 2024
Investment securities available for sale, at fair value$(3,294)$(4,740)
Other assets3,121 4,581 
Cumulative adjustment to Interest and dividends on investment securities173 159 
Schedule of Derivative Assets at Fair Value
The following table summarizes the financial statement impact of these derivative instruments (in thousands):

March 31, 2025December 31, 2024
Gross loans$(327)$(582)
Other assets313 566 
Cumulative adjustment to Interest and fees on loans14 16