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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table reflects the estimated fair value of derivative instruments included in other assets and other liabilities on the consolidated balance sheets along with their respective notional amounts on a gross basis.
As of March 31, 2025As of December 31, 2024
Fair ValueFair Value
(dollars in thousands)Notional Amount Derivative Assets Derivative LiabilitiesNotional AmountDerivative AssetsDerivative Liabilities
Derivatives not designated as hedging instruments
Interest Rate Products$16,542 $222 $268 $16,542 $66 $89 
Total derivatives not designated as hedging instruments $222 $268 $66 $89 
Schedule of Derivatives Not Designated as Hedging Instruments
The table below presents the effect of the Company’s derivative financial instruments that are not designated as hedging instruments on the consolidated statements of income for the three months ended March 31, 2025 and 2024. The Company did not recognize other income related to client swaps in either of the three months ended March 31, 2025 and 2024.
Gain or (Loss) Recognized in Income on Derivative
Three Months Ended March 31,
(dollars in thousands)Location of Gain or (Loss) Recognized in Income on Derivative20252024
Derivatives Not Designated as Hedging Instruments:
Interest Rate Products (1)Other non-interest income $(23)$— 
Total$(23)$— 
(1) Gain (loss) represents net fair value adjustments (including credit related adjustments) for client swaps.