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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments  
Schedule of amounts recorded in the Company's consolidated balance sheets for derivatives not designated as hedging instruments

December 31, 2022

December 31, 2021

Fair

Notional

Fair

Notional

(dollars in thousands)

    

    

Value

    

Amount

    

Value

    

Amount

Asset Derivatives

 

Consolidated Balance Sheet Location

 

  

 

  

 

  

 

  

Interest rate swaps

 

Other assets

$

6,277

$

43,430

$

1,366

$

44,826

Interest rate lock commitments

 

Other assets

121

10,462

1,507

52,316

Forward loan sales commitments

 

Other assets

 

7

 

351

 

490

 

13,418

TBA mortgage backed securities

 

Other assets

 

 

 

34

 

97,000

Total asset derivatives

 

  

$

6,405

$

54,243

$

3,397

$

207,560

Liability Derivatives

 

  

 

  

 

  

 

  

 

  

Interest rate swaps

 

Accrued expenses and other liabilities

$

6,277

$

43,430

$

1,368

$

44,826

TBA mortgage backed securities

 

Accrued expenses and other liabilities

26

25,750

Total liability derivatives

 

  

$

6,303

$

69,180

$

1,368

$

44,826

Schedule of gain (loss) recognized on derivatives instruments

Year ended

Consolidated Statements

December 31, 

December 31, 

December 31, 

(dollars in thousands)

    

of Income Location

    

2022

    

2021

    

2020

Interest rate swaps

 

Other noninterest income

$

2

$

1

$

(3)

Interest rate lock commitments

 

Mortgage banking

(1,464)

(8,660)

8,798

Forward loan sales commitments

 

Mortgage banking

(483)

(2,174)

2,271

TBA mortgage backed securities

 

Mortgage banking

 

4,916

 

5,220

(12,997)

Total gain/(loss) from derivative instruments

 

$

2,971

$

(5,613)

$

(1,931)