Derivatives (Tables)

9 Months Ended

Sep. 30, 2024

Derivative [Line Items]

Schedule of Derivative Instruments, Hedging Instruments on the Company's Consolidated Statements of Income

The following table presents the net effects of derivative hedging instruments on the Company's consolidated statements of income for the three and nine months ended September 30, 2024 and 2023. The effects are presented as an increase to income before taxes in the relevant caption of the Company's consolidated statements of income.

	In Thousands
	Three Months Ended				Nine Months Ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Location in the Consolidated Statements of Income
Interest income: Interest and fees on loans	$	259		137	$	911		247
Net increase to income before taxes	$	259		137	$	911		247

Schedule of Amount and Fair Value of Mortgage Banking Derivatives

The following table reflects the amount and fair value of mortgage banking derivatives included in the consolidated balance sheet as of September 30, 2024 and December 31, 2023 (in thousands):

	In Thousands
	September 30, 2024				December 31, 2023
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in other assets (liabilities):
Interest rate contracts for customers	$	3,424		79		2,265		65
Forward contracts related to mortgage loans    held-for-sale		4,500		11		2,500		(13	)

Mortgage Banking Derivatives [Member]

Derivative [Line Items]

Summary of Effects of Fair Value Hedge Relationships in Interest Income on Loans

The net gains (losses) relating to free-standing derivative instruments used for risk management is summarized below (in thousands):

	In Thousands
	September 30, 2024		September 30, 2023
Interest rate contracts for customers	$	14		(16	)
Forward contracts related to mortgage loans held for sale    and interest rate contracts		24		(55	)