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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Details of derivative positions for interest rate swaps which qualify as hedges for accounting purposes
The following tables reflect information about the Company’s derivative positions at the dates indicated below for interest rate swaps which qualify as cash flow hedges for accounting purposes:
December 31, 2025
Weighted Average Rate
Notional AmountWeighted Average MaturityCurrent
Rate
Received		Pay Fixed
Swap Rate		Fair Value
(in thousands)(in years)(in thousands)
Interest rate swaps on borrowings$400,000 0.583.87 %3.67 %$(209)
Current Rate PaidReceive Fixed
Swap Rate
Interest rate swaps on loans 550,000 1.213.89 %2.73 %(7,903)
Current Rate PaidReceive Fixed Swap Rate
Cap - Floor
Interest rate collars on loans 150,000 0.944.05 %
3.94% - 2.33%
(140)
Total$1,100,000 $(8,252)
December 31, 2024
Weighted Average Rate
Notional AmountAverage MaturityCurrent
Rate
Received		Pay Fixed
Swap Rate		Fair Value
(in thousands)(in years)(in thousands)
Interest rate swaps on borrowings$400,000 1.584.56 %3.67 %$2,724 
Current Rate PaidReceive Fixed
Swap Rate
Interest rate swaps on loans 750,000 1.774.57 %2.78 %(21,205)
Current Rate PaidReceive Fixed Swap Rate
Cap - Floor
Interest rate collars on loans 150,000 1.944.70 %
3.94% - 2.33%
(1,529)
Total$1,300,000 $(20,010)
Summary of customer related derivative positions, not designated as hedging
The following tables reflect the Company’s customer related derivative positions at the dates indicated below for those derivatives not designated as hedging:
 
Number of
Positions (1)
Notional Amount Maturing 
  Less than 1 yearLess than 2 yearsLess than 3 yearsLess than 4 yearsThereafterTotalFair Value
December 31, 2025
 (Dollars in thousands)
Loan level swaps
Receive fixed, pay variable259 $151,688 $261,876 $224,449 $192,734 $878,490 $1,709,237 $(41,517)
Pay fixed, receive variable259 151,688 261,876 224,449 192,734 878,490 1,709,237 41,503 
Foreign exchange contracts
Buys foreign currency, sells U.S. currency47 95,672 — — — — 95,672 1,385 
Buys U.S. currency, sells foreign currency47 95,672 — — — — 95,672 (1,328)
Risk participation agreements
Participation out19 — 26,865 28,643 33,850 79,953 169,311 59 
Participation in15 — 22,314 20,291 — 61,994 104,599 (44)
Number of
Positions (1)
Notional Amount Maturing
Less than 1 yearLess than 2 yearsLess than 3 yearsLess than 4 yearsThereafterTotalFair Value
December 31, 2024
(Dollars in thousands)
Loan level swaps
Receive fixed, pay variable276 $261,222 $225,043 $252,911 $208,762 $869,095 $1,817,033 $(92,913)
Pay fixed, receive variable276 261,222 225,043 252,911 208,762 869,095 1,817,033 92,875 
Foreign exchange contracts
Buys foreign currency, sells U.S. currency34 112,156 12,120 — — — 124,276 (5,363)
Buys U.S. currency, sells foreign currency34 112,156 12,120 — — — 124,276 5,424 
Risk participation agreements
Participation out18 23,672 — 27,140 21,256 91,053 163,121 56 
Participation in12 — 13,016 22,904 15,334 — 51,254 (12)
(1)     The Company may enter into one dealer swap agreement which offsets multiple commercial borrower swap agreements.
Fair value of derivative financial instruments as well as their classification on the balance sheet
 
Asset Derivatives (1)
Liability Derivatives (2)
Fair Value atFair Value atFair Value atFair Value at
 December 31, 2025December 31, 2024December 31, 2025December 31, 2024
 (Dollars in thousands)
Derivatives designated as hedges
Interest rate derivatives$77 (3)$2,724 (3)$8,329 (4)$22,734 (4)
Derivatives not designated as hedges
Customer Related Positions:
Loan level derivatives57,790 (3)95,606 (3)57,804 (4)95,644 (4)
Foreign exchange contracts1,814 5,424 1,757 5,363 
Risk participation agreements59 56 44 12 
Mortgage Derivatives
Interest rate lock commitments355 77 — 2 
Forward sale loan commitments35 13 — — 
Forward sale hedge commitments— 58 31 — 
Total derivatives not designated as hedges60,053 101,234 59,636 101,021 
Total60,130 103,958 67,965 123,755 
Netting Adjustments (5)
(25,765)(46,664)8,135 21,078 
Net Derivatives on the Balance Sheet34,365 57,294 59,830 102,677 
Financial instruments (6)
5,164 2,894 5,164 2,894 
Cash collateral pledged (received)(12,420)(33,283)3,130 — 
Net Derivative Amounts$16,781 $21,117 $51,536 $99,783 

(1)All asset derivatives are located in other assets on the balance sheet.
(2)All liability derivatives are located in other liabilities on the balance sheet.
(3)Approximately $9,000 of accrued interest payable is included in the fair value of interest rate derivative assets and approximately $1.2 million of accrued interest receivable is included in the fair value of loan level derivative assets at December 31, 2025, in comparison to accrued interest receivable of approximately $195,000 and $2.2 million, included in the fair value of interest rate and loan level derivative assets, respectively, at December 31, 2024.
(4)Approximately $363,000 and $1.2 million of accrued interest payable is included in the fair value of interest rate and loan level derivative liabilities, respectively, at December 31, 2025, in comparison to accrued interest payable of approximately $825,000 and $2.2 million, respectively, at December 31, 2024.
(5)Netting adjustments represent the amounts recorded to convert derivative assets and liabilities cleared through CME from a gross basis to a net basis, inclusive of the variation margin payments, in accordance with applicable accounting guidance.
(6)Reflects offsetting derivative positions with the same counterparty that are not netted on the balance sheet.
Effect of derivative financial instruments included in OCI and current earnings
The table below presents the effect of the Company’s derivative financial instruments included in other comprehensive income (“OCI”) and current earnings for the periods indicated:    
 Years Ended December 31
 202520242023
 (Dollars in thousands)
Derivatives designated as hedges
Gain in OCI on derivatives (effective portion), net of tax$8,353 $6,713 $16,055 
Loss reclassified from OCI into interest income or interest expense (effective portion)$(9,326)$(19,372)$(27,414)
Derivatives not designated as hedges
Changes in fair value of customer related positions
Other income$140 $231 $517 
Other expenses(125)(212)(679)
Changes in fair value of mortgage derivatives
Mortgage banking income213 (38)112 
Total$228 $(19)$(50)