DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - (Tables)

12 Months Ended

Dec. 31, 2023

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Schedule of fair value of the Company's derivative financial instruments

(Dollars in thousands)	December 31, 2023
	Derivative Assets			Derivative Liabilities
	Location		Fair Value	Location		Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Other Assets	$	—	Other Liabilities	$	4,501
Total		$	—		$	4,501

(Dollars in thousands)	December 31, 2022
	Derivative Assets			Derivative Liabilities
	Location		Fair Value	Location		Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps	Other Assets	$	—	Other Liabilities	$	—
Total		$	—		$	—

Schedule of derivative liabilities subject to an enforceable master netting arrangement

			Gross		Net Amounts
			Amounts		of Liabilities
			Offset		Presented
	Gross		in the		in the
(Dollars in thousands)	Amounts of		Consolidated		Consolidated				Cash
	Recognized		Balance		Balance		Financial		Collateral		Net
	Liabilities		Sheet		Sheet		Instruments		Pledge		Amount
December 31, 2023
Derivatives	$	4,501	$	—	$	4,501	$	—	$	(4,501)	$	—
December 31, 2022
Derivatives	$	—	$	—	$	—	$	—	$	—	$	—

Schedule of the remaining contractual maturity of the master netting arrangements

	Remaining Contractual Maturity of the Agreements
							Greater
(Dollars in thousands)	Up to		1 to 3		3 to 5		than
	1 Year		Years		Years		5 Years		Total
December 31, 2023:
Derivatives	$	—	$	—	$	4,501	$	—	$	4,501
Total	$	—	$	—	$	4,501	$	—	$	4,501

Schedule of cumulative amount of fair value hedging adjustment included carrying amount of hedged assets

(Dollars in thousands)		December 31,		December 31,
		2023		2022
Carrying amount of hedged assets:		Closed Portfolio Amount		Closed Portfolio Amount
Available-for-sale - Municipals	$	50,964	$	—
Available-for-sale - MBS		35,806		—
Total	$	86,770	$	—
Interest rate swaps notional amount	$	50,000	$	—

Schedule of cumulative amount of fair value hedging adjustment included carrying amount of assets

(Dollars in thousands)		December 31,		December 31,
		2023		2022
Cumulative amount of fair value hedging adjustment included in the carrying amount of assets:
Available-for-sale - Municipals	$	(1,230)	$	—
Available-for-sale - MBS		(407)		—
Total	$	(1,637)	$	—

Schedule of pre-tax effects of the Company's derivative instruments designated as fair value hedges

(Dollars in thousands)		December 31,
		2023		2022
Amount of loss recognized in other comprehensive loss	$	(1,637)	$	—
Amount of gain, net of fair value re-measurements, included in interest income		168		—

Schedule of pre-tax effects of the Company's derivative instruments designated as cash flow hedges

(Dollars in thousands)		December 31,
		2023		2022
Amount of loss recognized in other comprehensive loss	$	(2,885)	$	—
Amount of gain reclassified from accumulated other comprehensive loss to interest expense		274		—
Interest rate swaps notional amount	$	100,000	$	—